2024-03-31-accounts - Holbeach And East Elloe Hospital League Of Friends

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HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS CHARITY COMMISSION REGISTERED NO. 503004

FINANCIAL STATEMENTS

for the year ended 31 March 2024

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 2024

Charity registered number:

England and Wales 503004

Registered address

40-42 High Street Holbeach Spalding Lincolnshire PE12 7DY

Trustees

Valerie Sandall Chair (from 23 August 2023) Susan Inns Vice Chair and Treasurer Dorothy Ellerbroek Minute Secretary Eileen Ambrose Chair (until 23 August 2023) Jean Ruck John Spencer Margaret Johnson Carole Wailen (Retired 23 August 2023)

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

HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS

Trustees' Annual Report

for the year ended 31 March 2024

The trustees present their Annual Report and Financial Statements for the year ended for the year ended 31 March 2024, 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.

As at 31 March 2024, the current account amounted to £37,203 and we held £25,342 in a savings account. We also held £4,373 in terms of cash not banked at the year end and a cash float for the shop.

During the year, £25k was given in gifts to Holbeach Hospital, which included hoists, comfort care chairs TVs, beds and emergency toiletry bags.

We have continued to provide birthday and Christmas gifts to the residents. We have continued to provide prizes for the bingo sessions run by the hospital

The shed purchased during the year ended 31 March 2022, 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.

It has been announced that Chosen, the charity shop in Holbeach High Street is closing in June 2024. It is anticpated that the Hospital shop will receive more donations and subsequently able to create more income.

Structure, Governance and management

At the AGM in Aug 2023, Eileen Ambrose stepped down as Chair. Val Sandall was elected as Chair. Sue Inns as Vice Chair and Treasurer. Dorothy Ellerbroek to continue as Minute Secretary.

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 six Trustees and no more than twenty-five members. There are currently seven 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.

HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS

Trustees' Annual Report (continued)

for the year ended 31 March 2024

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.

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 has recovered extremely well from the Covid-19 and now the offer of quality secondhand goods is attractive to many people with lower funds available 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.

Valerie Sandall

On behalf of the Trustees.

Date: 14 August 2024

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 2024, 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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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: 22 October 2024

HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS

Receipts and Payments Account

for the year ended 31 March 2024

----- Start of picture text -----
Note 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
Receipts from generating funds
Shop receipts 50,519 - 50,519 51,226
Voluntary receipts
Donations and legacies 264 - 264 1,076
Membership 11 - 11 12
275 275 1,088
Fundraising
Christmas raffle and market 568 - 568 426
Hospital Garden Party 253 - 253 -
821 - 821 426
Receipts from investments
Charifund dividends 387 - 387 376
Deposit account interest 342 - 342 -
729 - 729 376
Total Receipts 52,344 - 52,344 53,116
Payments for generating funds
Shop payments
Manageress salary 7,970 - 7,970 8,611
Rent 5,316 - 5,316 5,316
Rates 271 - 271 345
Insurance 483 - 483 435
Light and heat 1,296 - 1,296 1,135
Telephone 1,222 - 1,222 621
Repairs and renewals 167 - 167 24
Skip hire 3,514 - 3,514 4,159
Protective Equipment 130 - 130 120
Refreshments 308 - 308 161
Printing, postage and stationery 187 - 187 28
Cleaning materials 161 - 161 254
Display, price tags and labels - - -
Consumables - - -
Travel expenses 266 - 266 299
Independent Examiners fees 475 - 475 660
Legal and professional fees 522 - 522 510
Miscellaneous expenses - - - 112
22,288 - 22,288 22,790
Payments for charitable activities
Donations to Holbeach and East Elloe Hospital 2 25,206 - 25,206 35,968
Entertainment and gifts 1,216 - 1,216 335
Bingo Prizes 124 - 124 44
Christmas and birthday presents 910 - 910 700
Miscellaneous expenses 44 - 44 396
27,500 - 27,500 37,443
Total Payments 49,788 - 49,788 60,233
Surplus/(deficit) for the year 2,556 - 2,556 (7,117)
----- End of picture text -----

HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS

Statement of Assets and Liabilities

at 31 March 2024

----- Start of picture text -----
Notes 2024 2023
£ £ £ £
Investments 3 6,548 6,670
6,548 6,670
Debtors
Prepayments 221 199
Cash Deposits
Current account 37,203 61,245
Deposit account 25,342 -
Cash in hand 4,373 3,117
67,139 64,561
MONETARY ASSETS 73,687 71,231
Creditors
Independent examiner's fee 485 475
Other accrued expenses 60 60
Taxes and Social Security costs 207 24
MONETARY LIABILITIES (752) (559)
NET MONETARY ASSETS 72,935 70,672
RECONCILIATION OF CASH DEPOSITS
Surplus / (deficit) for the year 2,556 (7,117)
Bank and cash balances as at 1 April 64,362 71,479
Bank and cash balances as at 31 March 66,918 64,362
----- 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

Susan Inns

Valerie Sandall

Date: 14 August 2024

HOLBEACH AND EAST ELLOE HOSPITAL LEAGUE OF FRIENDS

Notes to the Accounts

for the year ended 31 March 2024

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 Toiletries, flannels and towels 6 Comfort Care Chair 2 Oxford Presence with Smart Monitor Opera Beds and mattresses 2 Oxford Wide Adaptive Power Cradle 8 JVC TVs Hisense 85"" TV 6 Wall clocks 3 Investments Cost Units £ M & G Charifund Income 4,000 449.72	2024 £ - - 1,130 - - - - - 150 12,500 4,597 2,624 1,850 1,112 1,075 168 25,206 2024 £ 6,548	2023 £ 17,924 7,500 6,366 1,496 1,114 820 332 264 152 - - - - - - - 35,968 2023 £ 6,670

4 Non-monetary assets

During the year ended 31 March 2022, the charity 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.