Charlty nurnbor: 502242
WREXHAM HOSPITAL LEAGUE OF FRIENDS
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMEpirs
FOR THE YEAR ENDED 31 AUGUST 2023
Protecting your future.

WREXHAM HOSPITAL LEAGUE OF FRIEND8
CONTENTS
Page
Ref•ranc• and Admlnlstrat5ve Detalb of the Ch•rityi its Tr￿¢9￿ and Advisers
Chalm)an's Stat•mont
Trusteos. Report
Independent Examlnorfs Report
Statsment of Flnanclal Actlvlties
Balance Sheet
Statement of Cash Flow8
10
Notes to the Flnanclal Statements
11-28

WREXHAM HospifAL LEAGUE OF FRIENDS
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, rrs PATRONS. TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2023
Patrons and Trustees
Lord Thomas of G￿tsf0rd OBE QC. President
Sir Chartes Gladstone, Bl, Hon VIC8 Pr8sid8nt
Mr Lh)yd Fitzhugh OBE, Hon V￿e President
Mr E R Hanm8r, Hon Vice President Irasioned 16 January 20231
Mrs B M Bryden, BEM, Chaimian
Mr T M Williams MBE, Wice Chaiman
Mrs M Elli$. Commrttee
Mrs D Evans. Committee
Mr D Holmes, Committee (appointed 16 January 20231
Mr T Jones, Committee
Mrs M Story. Committa8
Mrs A Thomas, Committee (resigned 16 January 20231
Mr W Thomas, Committee (resigned 16 January 2023)
Mr T Williams, Committee lappoinled 17 Odober 20221
Charity r8gi8ter•d
number
502242
Prlnclpal offk¢
16 Ch8ntideer Close
Wrexham
Chvyd
LL13 9EQ
Accountsnts
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Pa
Shrewsbury
Shrop$hire
SY2 6LG
Bank•rs
HSBC PLC
Regent street
Wrexbam
In¥¢$tment Fund
Manager6
Quilter Chgviol
5 Sl Paul's Square
verpool
L3 9SJ
Tilney
6 Chesterfield Gardgns
Mayfair
London
W1J 5BQ
Page 1

WREXHAM HOSPITAL LEAGUE OF FRIENDS
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2023
The chairman presents her statement for the year.
This year sees u8 in a much better position.
As we all know the obj8Ctive of the Wrexham Hospital League of Friends is to provide fvnds for the purchasing
of SPe￿all$l medical 8quipm8nt for th8 b8nefft of patients who have a need lo visit this hospital.
We have quite a lot of problems this year wth BCUHB with the funding, as staff who had knowledge of the
pr¢xedure8 have now left.
A replacement was appointed bul only stayed a few months. We are Still waibng for BCUHB to pppoinl
someone whom we can liaise with, who can hopefvlly sort the problems we face al the present.
We had gifted over £400,000 for the purcha88 of sp8ciali8t equipmnt but m081 of the equipment has yet to
arrive.
Our retsil sales are now doing well since many restrKtions to visitors have now been lrfled.
We ar8 slowly building up on new stock.
A few of our okler volunteers decided to retire. but l am happy lo say that we have teen able to retain, and
recrurt others.
I would like lo thank the Shcp staff, all the Trustees, and all our faithful volunteers vtho have weathered the
slom over a difficult time.
We look fO￿ard lo moving on and getting back to normality w¢th enthusiasm.
Mrs M Bryden BEM
Chairman
Page 2

WREXHAM HOSPITAL LEAGUE OF FRIENDS
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
The Trustees pre88nl their annual report t&Jether with the financial statements of the Charity for the Fetiod
from 1 September 2022 to 31 August 2023.
OblectNes and a￿vItIes
Pollcles and oblecllves
The Wrexham Hospitsl League of FrEnds was established to..
Raise funds for and provide physical amenits'e$ for the benefit of patients at the Wrexham Maelor Hospital.,
8nd
Support the charitable work of the Ho8Pit81.
In setbng objectives and planning for activities, the Trustees have given du8 consid8ralion to general guKlance
published by the Charty CommissKin relating to public beneff(, inctuding the guidante'Publie benefrt.. running a
chartty IP821'.
b. Activities undertaken lo achleve obloctlves
We have reler¥ed to the guidance ￿ntsIned in the Charity Commmissicffl's general 9uidance on public benefit
when reviewing our aims and objectives and in planning our future aetivilies. In particular. the trustees consider
how planned activrbes will contribute to the aims and objectives they have sel.
The aelivrtle8 of the Le8gu8 potenlplly benefrt all vsers of the Wrexham Maelor Hospital, through the purchase
of addrtional medical equipment for the hospital'8 use, or through the provision of on-site shc¢) facilit￿. The
League 1$ committed to equal access by hospital users to the bgnefts that it provides.
c. Grnnt4naklng polkle¥
The League invites applicali¢Jns for funding of speafic projKts within Wrexham Maelor Hospital. These are
consTder8d annually by the Committee. In recgnt years bids hav8 been accept8d by the L8ague of Friends but
due to 8dminislralive deL4ys at BCUHB, final invoices have not been submilled. We anticipate that this will be
resolved In the near future.
Achievements and performance
Revlew of activtties
A review of the years aL*ivrties 1$ included within the Chaiman's ststement on page 2.
Page 3

WREXHAM H08PITAL LEAGUE OF FRIENDS
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2023
Achlevements and ￿rfOrManCe lcontinuodl
b. Investment pollcy and perforniance
There are no restrictions on th& League's power lo invesL
On 24th August 2012 the Leaguo received a legacy from the estate of Mrs M Jenkins in the Sum of £1,750,000.,
further sum of £194,314 was recewed during the year to 31st August 2012. The committee decided to treat
this as a 8eparate designated fund, which is known as tre Jenkins Fund. To this end. £1.850,000 was inve81ed
during August 2012 with ￿ fund managers wrth the objeth've to Produce an income stream together wrth some
growth for distribution by the League in flrture years. This is in accordanca with the St81emenl of Investment
Policy, Objectives & Guidelines drawn up for the League under guidance of an Independent Financkgl Advisor.
Thè main aim of the Jenkins Fund is to provide as regular and secure an income stream as possible, loplher
with some grovrth in the fund, in order to secure the future viability of the League. in accordance with its aims
and tjbjectives. The Commrttee ¢on8pJer that these obj'ectives have bo8n achieved by the investment
managers during this financial year.
Financial rnvlew
Golng concem
After making appropriate enquiries, the Trustees have a reasonabb expedation that the Charity has adequate
resource8 lo continue in operational existence for the foreseeable future. For this reason. they continue to
adopt the going concem basis in preparing the financial Statements.
b. Reserves pollcy
The Trustees have reviewed the League's needs for the reserves in line woth the guidance issued by the Charty
Commission and propose that at lea8175% of the League's annual nel income, excluding restricted funds, be
donaled each year for charitablg purposes in accordan￿ with accepted procedures, and that any remaining
balances be applied g(fher to unforg$8en commrtm8nts ￿thin the Same accounting year or added lo balance$
for distributs'on in the following year in accordance with this policy. Not¥wthstsnding the 4bove policy statement
the Trustees reserve the right lo accumulats balances extseding those stated where they fomially agree lo
support a long temi prOje￿J5cheme to wh￿h reference will be made in the Annual Report. During 2023 we
gave out a grant for £100,000 I1￿3rd$ a laser for the Urology DepartrnenL
Free reseryes stand at £371,74912022 £301,398) as stated as the unfestriet&J funds. less the designated ftjnds
and the tangible fixed assets.
Designated reserves comprise the Jenkins Fund as noted above. The value of this fund al 31 August 2023 was
£2,940,21212022. £3,005,003).
Structure. govemanee and m•nagomenl
. Constltutlon
Wrexham Hosprtal League of Friends is a registered charity. number 502242, and is Consti￿ted under a Trust
deed.
Page 4

WREXHAM HOSPITAL LEAGUE OF FRIENDS
TRUSTEES. REPORT ICONnNUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Structure, govemanc• and man8g•ment leontinuedl
b. M8thod8 of apwlntment or electlon ol Trust90S
New Committee members are appoinlod upon the recomm8ndalion of existing m8mbars, and seNe for a three
year tem. The Le8gue is administered by a Committee with a wide range of skills.
All members of the Management Committee give their time valuntarily and receNe no benefits from the
charity. Any expenses reclaimed from the charrty are sel out in note 13 in the accoLtnls.
Organlsatlonal stru¢ture and deci$ion4naklng pollcles
The League is g)vefll8d by a Commrttee, which meets 10 times a year. through whth all the busne88 of th8
League ts carried out. Within the CtJmmittg9 a Chairman, Treasurer and Secretsry ar8 appointed. In addition
the Committee may delegatg possws to specific sub-committees. All actions of th8 sub-ccfftmittees will be
reported to ant1 confirmed by the Committee.
On 3rd November 2004 the activities of Wr8xham's Hospital Broadcasting Servic& (formerly an independent
charity) were merged wth those of the League. "Radio Maelorf. now q)erates as a restricted fund within the
League, administered by tts own sutKommitte8.
The League 15 deFendent C￿ th6 contribution and support of volunteers who work in the League shops within
the Hospital, raise funds, and work wthin the Committee. 11 also employs a paid shop manager. who reports to
the Shop's sub•committee and also the Finance & Inve81menl sub-committee.
d. Pollcle8 adoptsd for tha Inductlon and trdining of Trustges
New members of the Committee are provided wth copies of the Charity Commission's leaflet CC3, describing
Responsibilities of Charity Trustees.
o. Related party rolatlonshlps
The League is a member ofATTENO, formerfy the National A880ciation of Ho8pftal & C¢)mmunity Friend$.
f. Flnancial rfsk managemgnl
The Trust80s have assessed the major risks to wh￿h the charity is exposed, in particular thos8 related to the
¢Jperalions and finances of the charity, and are Satisfied that systems and prccedures are in place to mrtig8te
our exposure to the major risks. Intemal risks are minimised by the implementation of prttedures for
outhorssation of all Iransaetions and projects. These procedures are Feriodicalty revlewed to ensure that they
still meet the negds of the charity.
Plans for ftrture perl¢xlg
We alm lo continue to opeiate both shcps, continue fvndraising and support Wiexham Maelor Hospital as bkls
are provhywj to us.
Page 5

WREXHAM HOSPITAL LEAGUE OF FRIENDS
TRUSTEES, REPORT ICONMNUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Statement of Trustees. r•sponsibiliti88
The Trustees are responsible for prèparing the Trusts8s' Report atKI th8 financial statements in accordance
th applicable and United Kingdom A￿UntIng Stsndards Iunited Kingdom Generally Accepted
Aeeounling pract￿).
The law applicable to charities in England & Wal8s requires the Trustees to prepar8 financial st8t9m9nts for
each financial wh￿h give a true and fair view of th8 Stale of affairs of the Charity and of its incoming resources
and application of resources, including ils income and expenditure. for that period. In preparing Ihese financial
statements, the Truslaes are required to".
sglect suitable acwunting poli¢ie$ and then app￿ them consistently-
observe the methods and principles of the Charities SORP {FRS 102}',
make judgments and accounting estimates that are reasonable and prudent.,
stste whether applicable UK Aecounling Standards IFRS 1021 have teen followed. subject to any
matsrial departures di$clo$8d and 8xplained in the financial 5taternenls'.
prepare the financial statements on the going concein basys unless rt is inappiopriate to presume that the
Charty will continue in business.
The Trusteos are ￿spOnsIb￿ for keeping adequat& acwunling rocords that ore sufficient to show and explain
the Chartys tran$8Ctions and disclose with reasonable accuracy at any time the finanual position of the Charity
and enable them lo ensure that the financial ststements Comp￿ with the Charities Act 2011, the Charity
{Accounl$ and Reports) Regulations 2008 and the piovisions of the Trust dee(J. They are 8180 respcrf)sible for
safeguarding the assets of the Chanty and hence for taking reasonable steps for the prevention and detection
of fraud and olhei irregularities.
Approv8d by order of the members of the board of Truslges and signed on their behalf by..
Mr5 8 M Bryden
Chainnan
Pag8 6

WREXHAM HOSPITAL LEAGUE OF FRIENDS
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
Independent Examlnerfs Report to the Trustees of Wrexham Hospital Leagu8 of Friends ('Ihg
Charlty.)
I re￿rt to the charity Trustees on my examination of the accounts of the Charty for the year ended 31 August
2023.
Tho Charity has received a dispensation from audri dated 1S Juty 2024 from the Charty Ccfnmission.
Responglbllftles and Ba818 of Roport
As the Trustees of th& Charity you aro rgsponsibb for the preparalKJn of the account8 in accordance with the
requirements of the charit￿s Ad 2011 Ilhe 2011 ACVI.
I report in respect of my examination of the Charfty's accounts carried out under section 145 of the 2011 Act
and in carying out my examinalK*n I hove follfftd the applicable Directions given by Ihe Charty Commission
under seCt￿n 145(5}Ibl of the 2011 Act.
Independent Examine￿$ sL￿erne￿t
I have completed my examination. l eonfimi that no matters have come lo my attention in connedion with the
examination giving me cause to believe that in any material respect..
accounb'ng records were not kept in respect of the Ch8frty a$ required by section 130 of the 2011 ACL or
the accounts do not ￿COrd wi(h those records.. or
the accounts do not comply with the applicable requirements conceming the fofm and content crf
a￿Unts set out in the Charities (Accounts and Reports) Regulat￿n$ 2008 other than any requirement
that the acmunts give a Irue and fairf view whth is not a matter consKlgred 0$ part of an independent
examination.
I have no con¢gms and have como across no other matters in connedion with the examination to which
attention shoulj be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Bookkeeping seNic8s from a sepera18 WR Partners office have been provided lo the Charity during the year.
The bwkkeeping Sorvicg 15 independent of the independent examiner's work. I confirm that the FRC'S Revised
Elhul Standard has been appropriately applied.
This rep)rt is made solety to the Charity's Trustges, as a boty, in xcordance with Part 4 of the Charitie5
{Accounts and Reports) RegulalK)ns 2008. My work has been undertaken $0 that I might $late to the Chanty'$
Trustees those matters l arn required lo state to them in an Independent Examinefs Report and for no other
purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility lo anyone other than
the Charity and the Charitls Trustees as a body. for my work or for this reF)Ort.
Signgj..
Dated..
22
SJ Tweed
BSC, FCA, DChA
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Parf(
Shrewsbury
SY2 6LG
Page 7

WREXHAM HOSPITAL LEAGUE OF FRIENDS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2023
Restricted Unr•strictsd
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Note
In¢ome from:
Donations and leg8ue8
Other tra¢Jing aclivf(ie8
Inve$lments
16A16
8,842
361,988
48,765
40.048
112.7S3
42. 725
361,986
46,766
Totsl Incom•
16.816
417.693
433.409
195.526
Expendlturn on:
Raising fvnds
Charitable activrii88
270.625
163,112
270.625
103,112
703,262
50,690
10
Total expendlturo
433,737
433,737
153,952
Net incoméll•xpenditurel before net
galn8111088esl on investJnents
Net gain81lh)ssesl on investments
1SM16
{16.1441
9.092
13281
9.092
41,574
(120,533)
Net Incomellexpgndlturel
Transfers betsveen funds
15.816
113,9041
17.0521
13.904
8.764
178.959J
18
Net movornent In fund$
1,912
6.852
8,764
(78,959)
Ro¢¢)n¢illatlon of ￿nds.
T¢Jtsl fund$ brought forward
Net movernent in funds
35.929
1.912
3,310.379
6.852
3.346.308
8.764
3.425,267
(78,959J
Totsl fvnds carri8d forward
37,841
3.317.231
3.355.072
3,346,308
The Slalement of Financial Activtties includes all gains and losses recognised in the year.
The notes on pages 11 to 26 fom part of these financial statements.
Page 8

WREXHAM HOSPITAL LEAGUE OF FRIENDS
BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Note
Fixod I￿0ts
Tangible assets
Investments
14
5.270
2,940.212
3,978
3,005.003
15
2.945A82
3,008,981
Current a88ets
Stocks
Cash at bank and in hand
16
6,839
427,430
5,980
350,416
434,269
356,396
Credrtors.. a￿￿UnIS falling due within one
year
17
(24.879}
(19,069J
Not current assets
409,590
337.327
Totsl ossets less current Ilabllftle8
3.366.072
3,346,308
Total net assets
3,355.072
3,346,308
Charity funds
R8$trided funds
Unrestricted funds
18
18
37,841
3,317,231
3&929
3,310,379
Total funds
3.355,072
3,346,3Q8
The financial Statements were approved 8nd authorised for issue by the Trustees and signed on their behalf by-
Mrs B M 8ryden BEM
Chaimian
Date.. 11
19(
The noles on pages 11 to 26 fomi part of these financial $18lements.
Page 9

WREXHAM HOSPITAL LEAGUE OF FRIENDS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Note
Cash flows from operating activltles
N81 cash used in operating aclivi(ie$
20
1310.185)
30.474
Cash flows from invèsting activiti•#
Purthase of tangible fixed assets
Sale of investments
Purchase of investrnents
12,275).
1.629.714
491,946
11,240.240) (502,235)
Net C88h provldod byl{used Inl Investlng actlvltlos
387,199
1112891
Ca8h flow8 from flnanclng adlvltles
Net cash provlded by Ilnanclng actlvltles
Change In cash and cash equlvalents th• y•ar
Cash and cash equivalents al the beginning of the year
77,014
18,185
332.231
350.416
Cash and cash equtvalents at the end of the year
21
427.430
350.416
The notes on pages 11 to 26 form part of these finanaal statements
Page 10

WREXHAM HOSPITAL LEAGUE OF FRIEND8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
General inforniatlon
Wrexham Hospital League of Friends is a charity registered in England and Wales.
The address of th8 regi￿Ored office is given in the charity infomation on page 1 of these flnan¢ial
st8tements.
The League wa5 established to raise fvnds for. and provKle physical aneni(ies for the benefrt of patients
at Wrexham Maèlor Hospital, and to support the ch8riiable work of the Hospital.
Accounting poli¢ies
2.1 Bas1¥ of preparatlon of flnanclal 8tatèments
The financial statements have been prepared in accordance wilh the Charities SORP IFRS 1 Q21-
A￿untIng and Reporting by Charities.. Statement of Recommended Practice applicable to charitios
prepariro their accounts in accordance w((h the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charitses Act 2011.
The financial statements have been prepar&J lo gwe a 'true and fair. wew and have dep8rted from
the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a Irue
and fairf view. This departure has involved follov*ing the Charities SORP IFRS 102} published in
October 2019 rather than the Accounting and Reporting by Charities.. Stalement of Recommended
Practice effeCt￿e from 1 April 2005 which has sincg begn withdrawn.
Wrexham Hospital League of Friends meets the definition of a public benefit entty under FRS 102.
Assets and liabilities are in5tially reC￿niSed at hist(Jrical cost or transaction value unless otherwise
stated in the relevant accounting policy.
2.2 Golng ¢oncem
The financial $tal8m8nts havo boen prepared ￿ the going concern basis.
Page11

WREXHAM HOSPITAL LEAGUE OF FRieNDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accountlng poll¢ies (continued)
2.3 Incomg
All In¢ome is reeognised once the Charity h88 entitlement to the income. it is probable that the
income will bè reeeivad and the amount of Income rec8lvable can be m8asur8d r81iably.
Grants are included in the Statement of Financial Activities on a receNable basis. Th8 balance of
income rec8iv8d for specific purposes but not expended during the period is Shown in tha relevant
funds on the Balance Sheet. Where income is received in a￿ance of entitlement of receipt, its
recognition is deferred and included in credrtors as deferr8d income. Wheo entiuement occurs
before income is received, the inconp is a¢w¢d.
Gifts in kind donated for distribution are included at valuation and recogntS8d as income when they
are distributed lo the projects. Gifts donated for res819 arg includgd as income when they are sold.
Where the donated 9¢x￿ is a fixed asset, it is measured al fair value, unl8ss it is impractical to
Measu￿ this reliably. in which case the cost of the item to the donor should be used. The gain is
recconlsed as income from donatK)ns and a corresponding amount is included in the appropriate
fixed asset d8ss and depreciated over the useful economic lrfe in accordance wrth the Chantys
¥xounling policies.
On recèipt. donated professional seNices and facilities are recognised on the basis of the value of
the gift to the Charity wh￿h is the a￿￿Unt il would have Èeen willing to pay lo obtain services or
tscilit￿s of equivalent economlc benefit on the open market., a eorresponding amount is then
recognised in expenditure in the period of receipt.
Income tax reeoverable in relallon lo donalons receiv￿ under Glft Akl or deeds of covenant is
recognised at the b'me of the donation.
Income lax recoverablg in relation to inve5trnent inwme 15 rewgnised al the time the investment
income is receivablg.
2.4 Expendlturo
Expendféure is recognised once there is a logal or ¢onstructive obligat￿n lo transfer economic
benefrt lo a Ihird paty, il is probable that a transfer of economic beneffts will be required in
settlement and the amount of the obligation can be measu￿1 reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs.
Including support costs involved in undertaking each activty. Direct costs attributable to a single
&INily are allLxated directly lo that activty. Shared costs which conlribLrte lo more than one aetiviiy
and support costs which ar& not attributable to a single actiV7ty are apportioned betsveen those
twilie$ on a basis consistent with the use of resources.
Expenditure cffl raising lunds indudes all expenditure incurred by the Charity to raise funds for its
charitable purposes and includes costs of all fundrai8ing activities events and nonwch8ritable trading.
Expenditure on charitable activit￿8 is incurred on directty undert8king the actNities which fiJrther the
Charity's objectives, a$ well as any associated support costs.
Grants payable are charged in the year ￿en the offer is made except in Ihose cases where the
offer is conditional, wjch grants being recogni8ed a8 expenditure when the condit￿l￿S attsching are
fulfilled. Grants offered Subject to Condit￿n$ whth have not begn met at the year end are noted as
a commitment. bul not accrued as expenditure.
All expendtiure Is Inclusive of irrecoverable VAT.
Page 12

WREXHAM HO8PITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting poli¢ie$ l¢ontlnuedl
2.5 Government grants
Govemmenl grants received are treal&J as irKome in the Statement of Financial AGtivilies.
2.6 Interest recelvable
Interest on funds hèld on deposit is included when receivable and Ihe 8mounl can be measured
feliably by the Charity.. this 1$ noM)a1￿ upon notifi￿tion of the interest paKJ or payable by the
instf(ution wrth whom the funds are deposrted.
2.7 Tanglbl• flxèd assèts and d•precl•tlon
Tangib￿ fixed assets are capitalised and recognised when future economK beneffts are probable
and tha cost or value of the a888t can be m8asured relk?bty.
Tangible fixed assets are inilialty recognised al cost. After recLwnition, under the Cost mod81.
tsngible fix8d assets a￿ measured al cost less accumulated depreciation and any ac¢Lrmulaled
impairment bsses. All costs incurred to bring a tangible fixed asset into i(s intended w0￿1ng
ndition should be indud&l in the measurement of cost.
DeprerAation is charged so as lo allocate the cost of tangible fixed assets bss their rgsidual value
over their estimated useful INes. on a reducing balance basis.
Depre¢iation 18 provided on the followlng b8sIs.'
Property improvements
Fixtur8s and fttings
Office equipment
10°h Redu¢ing Balance
150A R8ducing BaLanca
25% Reduelng Balance
2.8 Investmonts
Fixed ass8t inv8Stmenls are a fomi of financial instrumant and arg initially recognised at their
transaction cost and Subwuenlty measured at fair value al the Balance Sheet dale, unless the
value cannot be measured reliabty in which case il is measure(l at cost less impainnent. Investment
gains and losses, whether realised or unraalised, 8re combined and presented as'GainsllLosses) on
inveslmenls. in the Slalemenl of Financial Adivities.
2.9 Stocks
Stocks are valued at the lower of cost and net realIsab￿ value after making due allowance for
obsc4ete and sk)W-moving Stocks.
2.10 Cash at bank and In hand
Cash at bank and in hand inclLxles cash ard short4emi h￿)h￿ liquid inve5trnents wilh a short
m81urty of three months or less from the date of acquisiiion or opening of the deposit or similar
account.
Page 13

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accountlng policies (Gontlnuodl
2.11 Llabllltlos and provlsions
Liabilrties are recognised when the￿ 1$ an obligation al the Balance Sheet date as a resum of a past
event. it is prob8bb that a transfer of economie b8n8fft wlll be required in settlement, and the
amount of the settlement be estimated reliably.
Liabilities are recognisgd at Ihg amount that tha Charrty anticipates it will pay to sgttso the debt or
the amount it has received as a¢fvanced payments for the goods or services it must provide,
2.12 Flnanclal Instruments
The Charty t￿lY has financi81 assets and financial liabilities of a kind that quglify as basic financial
instruments. Basic financial instruments are initially recognised al transaction value and
Subs￿Uen￿Y measured al their selllement value wth the exception of bank 108n8 wh￿h are
subs8quently measured at amort18ed cost using the effective interest methad.
2.13 Oporating leases
Rentals paid under operating kases are charged lo the Statement of Financial Activities on
strdighl lin8 basis over the ￿a58 term.
2.14 Fund accounting
General funds are unrestricted funds whth are available for use al the discretion of the Trustees in
furtherance of th8 general objectives of the Chanty and wh￿h have not been designated for other
purposes.
De8ignated funds ttimprise unreslrided funds that have been set aside by the Tru8tee8 for
particular Pu￿lS8s. The aim and use of 8ach designated fund is Set out in the notes lo the financial
stslemenls.
Restricted funds are funds which ore to te Lrsed in accordance with specific restrictvJns imposed by
thnors or which have raised by the Charrty for particular purposes. The costs of raising and
&dminislering such fund5 are charged against the sp8crfic fund. The aim and use of each r9stricted
fvnd is sel out in the notes to the ffnancial slalemgnls.
Investment income, g8ins and losses are althatod to the appropriate fund.
Critlcal accountlng estlmates and areas of Judgm•nt
Estimates and judgmenls are continually evaluated and are based on historul experience and other
factors, inciuding expectations of future events that are believed to be reasonable under the
ircum6tances.
Critical actounling estimates and assumptions..
The Ch8rity makes e8timales and a8sumpliciis concerning the fvture. The resulting accounting e8tlmate8
and assumpt￿nS will, by definition, seldom equal th9 rglatad actual r8sulis. Th8r8 are no estimates and
as5umpt¢ons that have a signrficant risk of causing a material adjuslmenl lo the carying amounts of
assets and liabiif(ies within the next financial year.
Pag& 14

WREXHAM HosprrAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Income from donations and legacies
Restrlcted UnrostriGtsd
fund8
funds
2023
2023
Total
nds
2023
Total
nds
2022
Donations
Government grants
15,818
8,842
24,858
3T,935
2,113
15,816
8,642
24,658
40.048
Total 2022
40,048
40.048
The government grant income In 2022 includes £2,113 Job Retent*)n Scheme paymonts.
Incomo from othgr tr•ding 4rtivitios
Unrestrictsd
funds
2023
Total
funds
2023
Total
lunds
2022
Shop income
361,986
361.986
112,753
Total 2022
112, 753
112. 753
Page 15

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Inveslment Income
Unrestrictgd
funds
2023
Total
funds
2023
Tolal
funds
2022
Ineome from quoted investments
Depost account interest
34,493
12,272
34,493
12,272
36.273
6,452
46.765
46,765
42. 725
Tot812022
42, 725
42,725
Exp8nditur8 on raising funds
Costs of ralslng voluntary Income
Unrestrlctsd
funds
2023
Totsl
funds
2023
Total
funds
2022
Fundraising costs
136
Total 2022
136
136
Other tradlng expenses
Rèstricted Unrestrtct•d
funds
funds
20fJ
2023
Total
funds
2023
Tot
funds
2022
Shop expenditure
239,421
239.421
70,909
Total 2022
38
70,8TI
70,909
Page 16

WREXHAM HosprrAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Inv•8tmont management
Unregtrfcted
funds
2023
Total
funds
2023
Total
funds
2022
Inv8strnent managOTnent f8e5
31,204
31.204
32.277
Total 2022
32,217
32,217
Analy8iB of grants
Grants lo
In8tltutlons
2023
Total
funds
2023
Total
funds
2022
Grants
100,0(Y)
100,000
(1.820)
Tot812022
(1,820)
(1,820)
The current year grant is lo thè hospital lo purchas• a laser for the Urology Department.
10. Analysls of oxpendfture on charftable actlvttles
Summary by fund typg
Unrestrlcted
funds
Total
2023
Tolal
2022
Grants payab
Wages & Salaries
Depreciat¢on
Accountancy & Independent Examination fees
Sundry adMinistrat￿n
100,000
$6,443
983
4.790
100.000
66A43
983
4.790
(7.&20)
47,116
729
4.665
163.112
163,112
50.690
Total 2022
50,690
1,690
Page 17

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
11. Analy818 of expgnditure by a¢tlvltl88
Aeti¥iti•s
undertaken
directly
2023
Grant
funding of
activitles
2023
Total
funds
2023
Total
funds
2022
Grants payable
Wages and SaLgrie8
Depreciation
A￿OUntaneY & Independent Examinatlon
1￿?,000
100,000
56.443
(1,820)
47,116
T29
56,443
4.79J
896
4,790
896
4,665
Sundry administration
63,112
100,000
163,112
50.690
Total 2022
52,510
(1,820)
50,690
12. 8taff costs
2023
2022
Wages and 6alarKg$
56A43
47.116
56A43
47,116
Tho average number of persons enwloyed by the Charity during the year was as folkm..
2023
No.
2022
Na
Employees
No gmploye8 rec￿ved remuneratvJn amunting lo more than £60.000 in 8Fth8r y8ar.
Page 18

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
13. Trustegs, romuneratlon and gxp9ns95
During tho year, no TNslees received any remuneration or other beneffts (2022- £NIL).
During the year ended 31 August 2023, no Trustee expense8 have been incurred f2022- £NILJ.
14. Tanglble flxed assets
Property Flxtures and
improvements
Ilttlngs
Offico
equlpment
Total
C¢)st or valuatlon
At 1 September 2022
AddFtrons
10.810
12.915
2,000
6,383
276
30.108
2.275
At 31 August 2023
10,810
14,915
6.658
32,383
Dwroci8tion
At 1 Soplgmb8r 2022
Charge for the year
10.810
9.114
870
6.206
26,130
Al 31 August 2023
10,810
9,984
6.319
27,113
Not book value
At 31 August 2023
4.931
339
6,270
Al 31 August 2022
3,801
177
3,9T8
Pag6 19

WREXHAM HosprrAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
1& Flxed a88Ot Invo8tm•nts
Listsd
Unllsted
InV￿tments Investments
Total
Cost or valuation
At 1 S8plember 2022
Additions
Disposals al c05t
RevalLtration8
2.898,380
1.240.240
11.$57.1901
324.683
106.623
3,005.003
1.240,240
172,524) 11.629,7141
324,683
At 31 August 2023
2,906,113
34,099
2.940.212
Net book value
Al 31 August 2023
2,906.113
34,099
2,940.212
At 31 August 2022
2,898.380
106,623
3,005,LX13
16. Stocks
21r23
2022
Goods for resale
6.839
5,980
Page 20

WREXHAM HosprrAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
17. Creditors: Amounts falling du• within on• year
2023
2022
Trade creditors
Other taxation and social s&urity
Accruals and deferred inc¢)me
6.034
6.806
12.839
11,564
3,975
24,679
19,069
Page 21

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
18. Ststement of funds
statement of funds - current year
Balance at 1
S•ptomb•r
2022
8alanee at
Galn81 31 Augu8t
(Losses)
2023
Transfors
inlout
Incom• Ex￿ndit￿r•
Unrestricted
funds
Designated
funds
Myra Jenkins
Legacy
3,005,003
34493
{31,2041
(77,1721
9,092
2.940.212
Gengral funds
General Funds
305,376
383,100
1402,6331
91,076
377.019
Total
Unre8trfct8d
funds
3,310,379
417,593
1433,7371
13.904
9.092
3.317.231
Restrlcted
funds
Sewn Hugh85
Legacy
Radio Fund
Small Restricted
Donations
20.000
13.904
20,000
{13,904)
2.025
1&816
17,841
35,929
15,816
113,904
37,841
Total of funds
3.346.308
433,409
(433.7371
9,092
3.365.072
Page 22

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
18. Statèment of funds Icontlnued)
Ststomont of funds - prlor yoar
Balance al
I S8Ptember
2021
8818nce at
31 Augusf
2022
Transfers
in/oul
Gain
(Losses)
Incon￿ Expenditu
Unrestrfcted
funds
Deslgnated
fund8
Myra Jenkins
Legacy
3.11&030
36.273
(32.21 T)
6,4
(120,533J 3,005,C￿3
G8n8ral fund8
Gener81 Fund8-
all funds
274.270
159.253
(121, 697)
(6,450)
30&376
Tolal
Unrestrlctsd
funds
3,389,3CQ
195,526
{7￿,914)
(120,533) 3,310.379
Re8trleted
funds
Sewn Hughes
Legacy
Radio Fund
Small Restrfcted
Donat￿n8
20,000
13.904
13,942
(38)
2,025
2,025
35.967
(38)
35.929
Total of funds
3,425.267
195,526
(153,952)
{120,533) 3,346,308
Page 23

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2023
18. Statsment of funds (Contlnuedl
Funds from the Selwn Hughes Legacy wer8 recewed by the League in 1985. Interest from the invested
Sum was lo be used annually and specifically in respect of medicine for the elderty.
On 24th August 2012 the League r8ceNed 8 ￿gacY from the estate of Mrs M Jenkin$ in the ¥um
£1,750.000-, a fiJrthei sum of £194.314 was receiv￿ during the year lo 31st August 2012. The
Committee have derAded lo treat this as a separate designated fund. which is known as the Jgnkins
Fund. To this end, £1.850.000 was invested duiing August 2012 with fund managers with the
0￿.￿¢tive to produee an income stream together with some growth for distribution by the League in
future years. A tran$fer has been made $0 that the balance in the fund agrees to the value of the
investments.
With effect from the 2017 a￿ounts, it has been decided lo gather smaller donath)ns receNed that are
for specifi'c purposes into a combined re$lricted fvnd. During the ￿Trent year this has had incc¥ne of
£15.816 generously given by B818 League of Friends towards medical equpment.
19. Analysis of net assets beiween funds
Analysls of net a58ets between fund8 - current year
Rg91TiGtod UnrgStrfGtgd
funds
funds
2023
2023
Tolal
funds
2023
Tangible fixed assets
Fixed asset investsnenl8
Current assets
Creditors due wrthin one year
5,270
2,940.212
396.428
124,6791
6.270
2,940,212
434,269
(24.6791
37.841
Totsl
37.841
3,317,231
3.355.072
Page 24

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
19. Analysis of net assets between funds (contlnuedl
Analysls of net as$ets bgiwegn fund$ - prior yoar
Resti7Cted Unreslricted
fund8
funds
2022
2022
Total
funds
2022
Tangible fMd assets
Fixed asset inv8Stments
Current assets
Creditors due wthin one yoar
1978
3.9T8
3,OO&C193 3,005,003
320.467
356,396
(19.069)
(19.069)
3&929
Total
35,929
3,310,379
3.346,308
20. Roconclllatlon of net movom•nt In funds lo n•t cash flow from operatlng actlYRle$
2023
2022
N8t incomelexpenditure for the year (8$ per Statement of Financial
Activities)
8,764
(78,959)
Adjustments for:
Depreciation charges
Decreaselllncreasel in stocks
Decrease in debtors
Decrea$ellincraas81 in creditors
Revaluations
983
{869)
466
Ll,610
1324,6831
(12, 137)
t20,316
Net cash provtd•d byllus•d in} opgrating activiti08
(310.185)
30,474
21. Analy818 of cash and ¢a6h ¢quEvalents
2￿23
2022
Cash in hand
427.430
359,416
Total cash and cash equlvalents
427,430
350.416
Paga 25

WREXHAM HOSPITAL LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Analysis of chang•8 In n•t debt
At31
August
2023
Septembei
2022 Cash flow8
Cash al bank ond in hand
350.416
77.014
427,430
350,416
77,014
427A30
Grant commitments
The Charity has committed to addIt￿nal grant awards of £203,209 wh￿h will be accounted for onL
irwoices are received.
Related party transactions
The Charity has not entered into any related paty transaction during the year, nor a￿ the￿ any
oulslanding balances owing be￿n related parties and the Charity al 31 August 2023.
Page 26