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2023-03-31-accounts

Frl•nds of Shoffleld Chlldron's Hospltal Reglsternd Charlty No. 503571 Tru•t••• Annual R•port for th• fln•n¢lal y•v boglnnlng I" Awjl 2022 and •n(Ung 31" March 2023 Th• Charlty• prfndpd addrnu l•:Th• Chlldr•n'• Htal W••t•rn B•nk 8h•ll1￿ $10 2Th Thern are five tiustees of the Charlty and they arn Lk. Martln Stelner (ChalrThMn). Cwn West {Se￿O￿ry). Lynn8 H8bb18thW8￿ (Shop C(thlnator). Ken Bramall and Rlchwd Ibbe80n ffreasurer). All th8 0ffi(ws have aded In their roles for entke year. Th8 cx)mmittee appoints the trustees and at the m(Thrrt there are 10 1xxnmltte6 member8. Sadly, Margwet LlrKley. who wa8 a tntstse aThl dev(ked many o18errfke to the Charity, pasaed &way dudng the year. Tho oblecl of Ihe Ch8fSty b to ra18e luThI8 to and 8UPWt tts and Ilfe8tyle of tho patlents. agglst In the educational facllltles and provlde fundlng for wojects whkh ( w6th1n our remlt. Tho FrforKls also furMI th6 dlllAkn of toy8 to tho ward• al Chrljtrnas. We wntlnwl to hrAd commlttee moetlro by Zoom on ts flr8t Wedn88d8y of every month. We daclded to dose our Mrgln d8po811 accwnt 80 that we (yjuld have tho fvrKI8 avallable to Ca￿trIbute tOW8rd8 the cost of the 98rden which wlll be attacw to the Hospital foyer and maln waltlng area. Unfcxiunatety, th58 W￿0Ct ha8 h&J to be dela>d trArt we Ixld fund8 r• to make ￿r uJntrlbullon. Even though we continue tj) have KYoblem8 Staffing the shop, we are rthv back open and we f661 that wo F4ay an InbJrd rde In maklrKJ v181ts to the Ho8pltal1888 lntlm1d￿ng. Our donatlons to the Hospltal have In¢xe88ed agaln thls year and wr r88wve8 arn h8atthy. thanks to the hard work of our vdunteern over the yw8, 80 ￿ arn ￿nIld0ftt Ihal w• Shall be able to c(Yttlnuo to supp(xt the Hospltal. We publld88 the availablllty of funding throughcKrt the H05ptsI we rely on kwltal Staff, departments and ad(thc8nt 88Nii%s to Fyovide us with the opportunty to give. We are alwa￿ pleased to r￿alve requ88ts ts furnllrKJ arKI r#> rea8onatJe reqL8t Is ever rnlthl: we want to help a8 a8 we can. Paid fvndrai88rn are nol emplojfjd and our Chwity 18 entirely run by NYJlunte&s. All 8ervlcA8 are shown In (wr recelpts and paymonts annual acc￿nts, ￿bMIL Slgnod ... . M. Stelner Chalmian Date.... 16 2&>13 S&ned. L. Ibboson Tr8aswer

CHARITY COMMISSION FOR ENGLAND AND WALES Independent Examinerfs Report on the Accounts Section A Independent Examiner's Report Report to the trusteesl members ol Friends of Sheffield Children's Hostyal On accounts for the year and 31 March 2023 Charfty No. 503571 Set out on pagos I report to the trustees on my examination of the accounts of the above charrty (Ihe Charity.) for the year ended 31 Ma￿h 2023. Responslbllitles and basis of report As the chartty's trustees. you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 {'the Act.). I report in respect of my examination of Charty's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the apF4icable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confim) that no material matters have •xaminerfs 8tatem•nt come to my attention in connection with the examination which gtves me cause to believe that in any material respect.. ' the accounting records ￿re not kept in accordance with section 130 of the Charities Ad,. or the accourrts did not accord wtlh the accounting records; or the accounts did not compty ¥*ith the applicable requirements conceming the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounfs give a Irue and fair, view which is not matter considered as part of an inde￿ndent examination. I have no concerns and have come across rio 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. Signed: Date: 13 l Name:, Elsa Yau Relevant professlonal qualificatlon(sl or body (If anyl: Associate Chartered Instrtute 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

3

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2023

Note 2022/2023
£
2021/2022
£
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)
37,216
15,798
0
0
37,216
15,798
25,159
13,730
25
0
0
1,050
25,184
14,780
0
39
0
39
62,400
30,617
19,949
7,798
0
0
19,949
7,798
17,831
15,194
6,000
6,000
23,831
21,194
0
0
0
0
299
274
411
8,408
710
8,682
44,489
37,674
17,911
(7,057)

Miscellaneous expenditure in 2021/22 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 2023

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
59,406
41,116
0
0
59,406
41,116
6,376
6,756
6,376
6,756
0
0
0
0
65,782
47,872
47,872
54,929
17,911
(7,057)
65,782
47,872
2022/2023
£
2021/2022
£

5

STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2023

Note 2022/23
£
2021/22
£
Operating Activities:
Net Cash Inflow/(Outflow) from Operating Activities
Return on Investments and Servicing of Finance:
Interest Received
a 18,291
0
(6,652)
39
Cash Flow Movement 18,291 (6,613)

Notes To Cash Flow Statement

Note a - Reconciliation of net cash inflow from operating activities

2022/23
£
2021/22
£
Total Operating (Deficit)/Surplus
Decrease (Increase) in Stock
Decrease (Increase) in Debtors
Increase (Decrease) in Creditors
17,911
(7,096)
380 444
0 0
0 0
18,291 (6,652)

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Note 1 - Income from Activities

(a) - Sales revenue

2022/23
£
2021/22
£
Increase/(Decrease) Increase/(Decrease)
£ %
Shop 37,216 15,798 21,418 136%

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

2022/23
£
2021/22
£
Increase/(Decrease) Increase/(Decrease)
£ %
Sale - Shop
Raffles
Total
37,216
-
37,216
15,798
-
15,798
21,418
-
21,418
136%
136%

Note 2 - Interest Receivable

2022/23
£
2021/22
£
Increase/
(Decrease)
%
Virgin Charity Deposit Account 0 39 (100%)

Note 3 - Calculations of Cost of Sales

£
Opening Stock
Purchases
Closing Stock
Cost of Sales
6,756
19,569
6,376
19,949

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Note 4 - Donations

Donors £
Bequest from Margaret Lesley Newman
Donated Through Just Giving
Donated through CAF
Given in memory of Norma Simmons
Total of donations of less than £300
Total Donations
12,316
9,886
519
519
1,918
25,159

Note 5 - Grants

Grants £
Christmas Toys for the Wards
Play Team
Infant Feeding
Cystic Fibrosis Unit
Wards 1-4
SCH Volunteer Services
Becton School
SATU (Theatres)
NSU
AAV
PCCU
Neurophysiology
Pediatric Respiratory Unit
Total grants of less than £500
Total 18 Individual Grants
6,000
3,600
3,000
2,000
1,314
1,193
1,080
1,000
750
714
700
600
600
1,279
23,831

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