## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS CHARITY COMMISSION REGISTERED NO. 503004** ## **FINANCIAL STATEMENTS** **for the year ended 31 March 2023** ## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Annual Report** ## **INDEX** - 1 Charity Information - 2 - 3 Trustees' Annual Report - 4 Independent Examiners Report - 5 Receipts and Payments Account - 6 Statement of Assets and Liabilities - 7 Notes to the Accounts ## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Charity Information** ## **for the year ended 31 March 2023** ## **Charity registered number:** Engalnd and Wales 503004 ## **Registered address** 40-42 High Street Holbeach Spalding Lincolnshire PE12 7DY ## **Trustees** Eileen Ambrose Chair Susan Inns Treasurer Jean Ruck Dorothy Ellerbroek Carole Wailen John Spencer Margaret Johnson Valerie Sandall ## **Bankers** Lloyds Bank PLC 36 Hall Place Spalding Lincolnshire PE11 1SF ## **Independent Examiner** K.J. Maggs F.C.A. Hoekman Way Spalding Lincs PE11 3HE 1 ## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Trustees' Annual Report** ## **for the year ended 31 March 2023** The trustees present their Annual Report and Financial Statements for the year ended for the year ended 31 March 2023, set out on pages 5 to 7, which have been prepared on a consistent Receipts and Payments basis. The Holbeach and East Elloe Hospital League of Friends is a standard registered charity in England and Wales, having registered on 17 May 1974 with the number 503004. The charity is also known as the "League of Friends" locally. ## **Objectives, achievements and financial review** The objective of the charity is to relieve patients and former patients of the Holbeach and East Elloe Hospital Trust who are sick, convalescent, disabled, handicapped, infirm or in need of financial assistance and generally to support the charitable work of the aforementioned charity. The charity operates a shop within the town of Holbeach to fund its charitable activities. The charity principally donates fixed assets to the Holbeach and East Elloe Hospital Trust and supplies other minor services including entertainment and provision of birthday and Christmas presents to the patients of the Trust. The shop income has remained static, the same as last year. During the year, the charity donated £35,968 (2022 - £31,954) in fixed assets to the Holbeach and East Elloe Hospital Trust. Full details of donated fixed assets can be found in note 2 to the accounts. As at 31 March 2023, the current account amounted to £61,245 and no funds have been left in the savings account due to extremely low interest rates. This year, £36k was given in gifts to Holbeach Hospital, which included the renovation to the flower beds outside of the Anne Waltham Unit. The Hospital's plans for the refurbishment of Lounge 1 are yet to commence but the LoF are inconsultation with the Chairman of the Hospital to discuss where our contribution to the refurbishment will be best served. We have continued to provide birthday and Christmas gifts to the residents but have, this year, increased the amount from £10 to £15 each. The shed purchased last financial year has proved invaluable and provided much needed storage space, as the volume of donationscontinues to be incredibly high. We are very grateful for all our volunteers for their tireless effort in the shop during the year and the Trustees were pleased to be able to reinstate the Christmas meal to thank them for their hard work. However, It is with regret that some of our volunteers have been unable to continue to work in the shop and they are greatly missed but we are actively looking to recruit new volunteers. We also wish to offer our thanks to everyone who has either donated or purchased items so that we can continue to support Holbeach Hospital and keep it operating in the local area. ## **Structure, Governance and management** There shall be a Committee and the business of the League shall be conducted by way of a voting system. Each Trustee has one vote and are eligible to vote at general meetings and annual general meetings. The Trustee body shall consist of a minimum of 6 Trustees and no more than 25 members. There are currently 8 trustees. The Trustees are required to retire by rotation every three years. However they are eligible for re-election. All officers hold their position on an honorary basis and will receive no remuneration from the charity. ## **Public benefit** The trustees consider that the objectives and activities of the charity are in accordance with the Charity Commissions' general guidance on public benefit as demonstrated under the objectives, achievements and financial review section above. 2 **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Trustees' Annual Report (continued)** ## **for the year ended 31 March 2023** ## **Risk management** The trustees have assessed the major risks to which the charity is exposed, in particular these related to the management of its investments and finances and are satisfied that the systems in place sufficiently manage its exposure to these threats. The trustees have also developed strong working relationships with assisting bodies who are able to provide professional advice when required. ## **Going concern** The shop, as with many similar environments were required to close during the Covid-19 Pandemic but it has since recovered extremely well. Despite this recovery, the market place shops are suffering in the current economic climate but the offer of quality secondhand goods is attractive to many people with lower funds availaable to spend. The use of a customer to purchase many of our 'rags' has also proven to be invaluable. There are reserves available for distribution and the trustees will continue to push forward and maintain the vital status of the charity for the good of the Hospital. …..................................... ## **Mrs Eileen Ambrose** On behalf of the Trustees. Date: **23 August 2023** 3 **Independent Examiners Report to the Trustees of** **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2023, which are set out on pages 5 to 7. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirement of the Charities Act 2011 ('the Act') I report in respect of my examination of the charity's accounts carrier out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **K. J. Maggs F.C.A.,B.A.** Spalding Chartered Accountants Lincs Dated: **27 September 2023** 4 ## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Receipts and Payments Account** ## **for the year ended 31 March 2023** **----- Start of picture text -----**
Note 2023 2022
£ £ £ £
Unrestricted Restricted Total Total
Receipts from generating funds
Shop receipts 51,226 - 51,226 51,994
Grants received - - 2,667
Voluntary receipts
Donations and legacies 1,076 - 1,076 1,302
Membership 12 - 12 10
1,088 1,088 1,312
Fundraising
Christmas raffle 426 - 426 330
Receipts from investments
Charifund dividends 376 - 376 337
Total Receipts 53,116 - 53,116 56,640
Payments for generating funds
Shop payments
Manageress salary 8,611 8,611 8,317
Rent 5,316 5,316 5,316
Rates 345 345 276
Insurance 435 435 424
Light and heat 1,135 1,135 1,009
Telephone 621 621 923
Repairs and renewals 24 24 3,106
Skip hire 4,159 4,159 3,313
Protective Equipment 120 120 32
Refreshments 161 161 165
Window cleaning 28 - 28 -
Cleaning materials 254 254 182
Display, price tags and labels 33 33 432
Consumables 44 44 117
Travel expenses 299 299 -
Independent Examiners fees 606 606 552
Purchase of capital items - - 2,234
Legal and professional fees 564 564 210
Miscellaneous expenses 35 35 303
22,790 - 22,790 26,911
Payments for charitable activities
Donations to Holbeach and East Elloe Hospital 2 35,968 - 35,968 31,954
Entertainment and gifts 335 - 335 -
Bingo Prizes 44 - 44 42
Christmas and birthday presents 700 - 700 500
Miscellaneous expenses 396 - 396 77
37,443 - 37,443 32,573
Total Payments 60,233 - 60,233 59,484
Deficit for the year (7,117) - (7,117) (2,844)
**----- End of picture text -----**
5 ## **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Statement of Assets and Liabilities** ## **at 31 March 2023** **----- Start of picture text -----**
Notes 2023 2022
£ £ £ £
Investments 3 7,104 7,104
7,104 7,104
Debtors
Prepayments 199 178
* Cash Deposits
Current account 61,245 71,479
Cash in hand 3,117 -
64,561 71,657
MONETARY ASSETS 71,665 78,761
Creditors
Independent examiner's fee 475 564
Other accrued expenses 60 126
Taxes and Social Security costs - 631
MONETARY LIABILITIES (535) (1,321)
NET MONETARY ASSETS 71,130 77,440
* RECONCILIATION OF CASH DEPOSITS
Deficit for the year (7,117) (2,844)
Bank and cash balances as at 1 April 71,479 74,323
Bank and cash balances as at 31 March 64,362 71,479
**----- End of picture text -----**
We approve these accounts and confirm that we have made available all relevant records and information for their preparation. ## **ON BEHALF OF HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** ## **Mrs Susan Inns** ## **Mrs Eileen Ambrose** Date: **23 August 2023** 6 **HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS** **Notes to the Accounts** ## **for the year ended 31 March 2023** ## **1 Accounting policies** These accounts have been prepared on a receipts and payments basis as in previous years and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2019) and appropriate legal requirements. ## **2 Donations to Holbeach and East Elloe Hospital Trust** |**Donated Item**
2 Caprice baths
Gardening work to beds outside AWU
Hoists and slings
2 Classic Low Profiling Beds
Bed linen and duvets
Arjo Sara Steady Transfer Aid
24" Bariatric Wheelchair
Water coolers
Hand towels and face cloths
Flo Mattresses and Air Mattress System
34 Opera Top Covers
Panamatic Midi Sluice - ground floor
Flooring costs
2 Side Rails for Classic Low Profiling Bed
Installation of sluice and removal of old
Physio Steps
Refurbish 3 Hydro tilt Chairs
5 (7) LG TVs
2 Bar Solid Bumpers
2 Bar Bumpers with mesh vision panel
2 Henry Vacuum Cleaners
6 One Way Glide & Lock Chair Sheets
10 Universal Remote Controls
**3**
**Investments**
**Cost**
**£**
M & G Charifund Income
4,000|**Units**
449.72|**2023**
**£**
17,924
7,500
6,366
1,496
1,114
820
332
264
152
-
-
-
-
-
-
-
-
-
-
-
-
-
-
35,968
**2023**
**£**
6,670|2022
£
-
-
9,274
-
583
820
-
198
239
5,389
4,080
3,400
1,440
1,434
1,285
900
863
800
360
352
263
144
130
31,954
2022
£
7,104| |---|---|---|---| ## **4 Non-monetary assets** During the year ended 31 March 2022, the charity has acquired a shed which is used for storage. At that time the shed cost £2,234. ## **5 Related Parties** The charity's objects are to provide relief to the residents of the Holbeach and East Elloe Hospital Trust (Charity Commission No. 701458). In order to meet these objectives the charity provides support to the above named charity by way of purchasing assets for the charity to use. Mrs Jean Ruck is a trustee of both the Holbeach and East Elloe Hospital Trust and the Holbeach and East Elloe Hospital League of Friends. 7