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2022-03-31-accounts

Friends of Sheffield Children's Hospital Registered Charity No. 503571 TrustMs Annual Roport for th• financlal y•ar b•glnnlng 1" Aprll 2021 and •ndlng 31° PAarch 2022 Tho Charlty's prln¢lpal addrnss Is: The Chlldren's Hospll•l Wostem Bank Sheffl?Id S10 2TH There are six tru8te8s ofthe Charity and they ar8 Dr. Martin Steiner {Chaimian). Carotyn West (Secretary), Lynne Hebblethwaite (Shop Cothinatorl, Margaret Lindley, Ken Bramall, Richard Ibbeson {Treasurerl. All th8 officers have acted in their rdes for the entire year. The mrnittee appoints th6 trustees and at the moment there are 12 C￿MIttee memb8r8. Th8 obj'ect of the charity is to raise funds to h81p and supwrt the weffare and lifestyle of the patients. assist in the educatlonal facilities and provide funding for projects which ￿rne wthin our r8mit. The Friends also fund the dlstAbution of toy3 to the wards at Christmas. We have contlnu8d to hold committee meeting by Zoom on the first Wednesday of every month. We decjded to close our Virgin deposit account so that we could have the funds available to contribu18 towards the cost of the garden which wlll be attached to the Hospital foyer arvj main waiting area. Unfortunately. this project has had to be delayed but hold the funds ready to make our CYJntribLrtic We had an excepts'onal expense thls year of £8,134, which was our conlribulion towards the cost of our new shop premises in the redesigned Hospital foyer. After a record y8ar, we had to close for an extended periixl due to the Covid epidemic. Even though we continue to have problems staffing the shop, we are now back open and w8 fe81 that we play an Integral In making visits to the Hospital K8ss intimidatirvJ. We have continued to receive donatlons and al80 some Gift Aid. Our donations to the Hospilal have increased by 50% this year and our reserves arè healthy, thanks to the hard work of our volunteers ov8r th8 years. so we ar8 confident that V￿ shall be able to continue to support the Hospital. We publicise the availability of fundirvJ throughout the Hospital but w8 rdy on hospltal stsff, departments and adolescenl s8Nic8s to provide us with the opportunity to give. We are always pleased to receive requests for furKling and no rèasonable request is ever rejethd: we vmnt to help as much as we ￿n. Paid fundrdisers are not employed and our Charity is èntirely njn by volunt8ers. All Sefvices are shown in our re(XJiPts and payments annual accounts, which we submiL Signed .,. Dr M. Steiner {Chaimian) ?0, 11.ZL Signed .. R.L. Ibbeson ITre&surer) .so.Iz:zA..

CHARITY COMMISSION FOR ENGLAND ANO WALES Independent Examinerfs Report on the Accounts Section A Independent Examiner's Report Report to tho trustee¥l m•mb•rs of Fri8nds of Sheffield Children's Hospital On accounts for th• yaar ond 31 March 2022 Charlty No. 503571 Sot out on pag•s I r8POrt to the trustees on my examlnation of the axounts of the above charity (Ihe ChariW) for the year ended 31 Marth 2022. Rospon$lblllll•s and bas18 of rnport As the charitys trustses, you are r8sponsible for the preparation of th8 accounts in a¢xordance with the requirements of the Charities Act 2011 {￿he Acr). I report in respect of my examination of the Charity's accounts carried out under sedion 145 of th8 2011 Act and in carying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5Mb) of th8 ACL Ind•p•ndent I have completed my examinati¢)n. I confim that r)0 material matters have •xamln•r's statement come to my attention in connects'on with the examination which gives me cause to believe that in any matsrial r8spe¢t: the accounting records were rK>t kept in a¢o)rdan¢e with section 130 of the Charities Act., or the accounts did not accord with the aw?unting re￿rds. or the accounts did not comply with the applicab18 r8quir8m8nts onceming the form and conlent of accounts sel out in the Charities (Accounts and Reportsy Regulations 2008 other than any requirement that the accounts give a Irue and fairf view vthi¢h Is not a matter considered as part of an ind8p6ndenl 8xamlnation. I hav8 no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in ord8r to enable a proper und8rstanding of the accounts lo be reached. Slgnod: Dat•: 4111￿13 Nam•: Elsa Yau Relevant professlonal quallflcatlon(sl or body {If any): As%)ciate Chartered Institute of Management Accountants {CIMA)

Sheffield Children’s NHS Foundation Trust Finance Department Address: Western Bank Sheffield S10 2TH

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

N/A

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STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDING 31 MARCH 2022
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDING 31 MARCH 2022
Note 2021/2022
2020/2021
£
£
Income
Generated funds
- Sales
1
- Raffles
Donations and similar receipts
Donations
4
Subscription
Gift Aid Refund
Investment Income
Interest on Investment
2
Total income
Resources expended
Cost of generating funds
Cost of Sales
3
Raffle
Grants
5
Ward Gifts
Toys
Management & Administration
Printing & Stationery
Catering
Insurance
Miscellaneous
Total expenditure
Net Receipts/(Payments)
15,798
512
0
0
15,798
512
13,730
3,355
0
0
1,050
932
14,780
4,287
39
159
39
159
30,617
4,959
7,798
0
0
0
7,798
0
15,194
8,657
6,000
6,000
21,194
14,657
0
0
0
0
274
656
8,408
27
8,682
683
37,674
15,340
(7,057)
(10,382)

Miscellaneous expenditure includes £8,134.48 contribution made to Sheffield Children's NHS Foundation Trust towards the refurbishment of the League of Friends shop and £131.29 for the purchase of a cashless payments machine

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STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2022

STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDING 31 MARCH 2022
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDING 31 MARCH 2022
BALANCE SHEET
Cash Funds
Nat West Current Account
Virgin Charity Deposit Account
Assets Retained for the Charity's Own Use
Shop stock
Prepayments
Prepaid Insurance
Total Assets
Funds Last Year End
Net Receipts/(Payments)
Funds This Year End
41,116
15,251
0
32,478
41,116
47,729
6,756
7,200
6,756
7,200
0
0
0
0
47,872
54,929
54,929
65,311
(7,057)
(10,382)
47,872
54,929
2021/2022
£
2020/2021
£

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STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2022 2021122 2020121 Operauny Actlvlues: Net Cash InfluNI(C￿fflC￿l frcm Oparating ActDI￿.￿s 16,6521 19,8851 Retum on Investmerrts and Serviang crf ￿nanCe. Interest R￿￿ed 39 159 Cash Flow Movement 16,6131 19,7261 Notes To Cash Flow Ststement Note a . Reconciliation of net cash inflowfrcrfn operating activitiES 2021122 2020121 Total Opwatir#J (Def￿1)1&rFlu5 Decrease (I￿reaSe) in Stctk Decrease (I￿reaSe) in Debtors Increase IDecreasel in Credtcfs I7,0￿) 110,3821 656 16,6521 19,n61

Note 1 - Income from Activities

(a) - Sales revenue

2021/22
£
2020/21
£
Increase/(Decrease) Increase/(Decrease)
£ %
Shop 15,798 512 15,286 2986%

(b) - Contribution to profit/(loss) from various activities undertaken

2021/22
£
2020/21
£
Increase/(Decrease) Increase/(Decrease)
£ %
Sale - Shop
Raffles
Total
15,798
-
15,798
512
-
512
15,286
-
15,286
2986%
2986%

Note 2 - Interest Receivable

2021/22
£
2020/21
£
Increase/
(Decrease)
%
Virgin Charity Deposit Account 39 159 (75%)

Note 3 - Calculations of Cost of Sales

£
Opening Stock
Purchases
Closing Stock
Cost of Sales
7,200
7,354
6,756
7,798

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Note 4 - Donations

Donors £
Donated through Just Giving
Donated in memory of Susan Farmery
Donated through CAF
Over 50 donations of less than £300
Total Donations
6,395
4,200
675
2,459
13,730

Note 5 - Grants

Grants £
Christmas Toys for the Wards
Play Team
Nutrition and Wellbeing
Infant Feeding
PCCU
Volunteer Services
Becton School
Magnolia House
Total grants of less then £500
Total 18 Individual Grants
6,000
3,600
3,480
1,670
1,200
1,107
1,059
649
2,429
21,194

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Friends Past Performance Friends Past Performance
Year ShopProfits Fairs Raffles Subs/Donations Investment Gift Aid Total Ward Gifts Bank Balance
98/99 £4,599 £1,816 £1,248 £2,400 £2,026 £47 £12,136 £13,875 £32,000
99/00 £3,550 £1,415 £1,111 £1,220 £1,215 £74 £8,585 £22,700 £20,800
00/01 £6,702 £2,210 £1,166 £2,500 £793 £24 £13,395 £6,500 £26,500
01/02 £5,623 £1,956 £1,046 £2,200 £809 £114 £11,748 £6,997 £31,750
02/03 £7,600 £1,328 £1,007 £1,600 £619 £266 £12,420 £23,000 £18,155
03/04 £6,525 £1,471 £1,121 £2,700 £319 £22 £12,158 £9,344 £20,000
04/05 £8,800 £1,544 £1,244 £6,600 £467 £451 £19,106 £8,091 £30,000
05/06 £6,993 £1,961 £1,210 £3,516 £745 £147 £14,572 £19,782 £23,347
06/07 £5,929 £1,637 £1,345 £14,483 £620 £190 £24,204 £12,072 £34,418
07/08 £6,822 £1,593 £1,592 £1,476 £1,148 £231 £12,862 £13,299 £33,193
08/09 £9,520 £1,529 £936 £4,700 £805 £309 £17,799 £17,622 £32,437
09/10 £9,272 £1,558 £1,120 £6,244 £65 £265 £18,524 £27,106 £25,889
10/11 £9,247 £2,079 £1,382 £34,570 £33 £1,494 £48,805 £13,202 £56,184
11/12 £13,558 £2,535 £1,439 £2,278 £139 £212 £20,161 £30,366 £43,457
12/13 £10,257 £3,983 £1,572 £2,753 £195 £153 £18,913 £17,129 £44,801
13/14 £15,219 £1,407 £1,409 £6,909 £574 £198 £25,716 £18,014 £50,336
14/15 £12,264 £0 £3,696 £4,419 £592 £165 £21,136 £21,678 £48,443
15/16 £10,968 £0 £2,917 £5,887 £348 £217 £20,337 £21,319 £47,935
16/17 £9,637 £0 £3,034 £10,418 £283 £223 £23,595 £19,737 £53,810
17/18 £9,066 £0 £2,413 £7,402 £174 £357 £19,412 £18,809 £53,247
18/19 £13,161 £0 £3,021 £9,920 £198 £228 £26,528 £22,798 £51,764
19/20 £16,542 £0 £2,202 £18,078 £219 £201 £37,242 £31,194 £57,455
20/21 £500 £0 £0 £3,355 £159 £932 £4,946 £14,657 £47,238
21/22 £8,000 £0 £0 £13,730 £39 £1,050 £22,819 £21,194 £41,116

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