no ' l Friends of Sheffield Children's Hospital i i I IllliO- Registered Charity No. 503571 Trustees Annual Report for the flnanclal year beglnnlng 1 Aprll 2023 and endlng 31 March 2024 The Charlty's prlnclpal address Is: The Chlldren's Hospllal Western Bank Sheffleld S10 2TH There are five trustees of the Charity and they are Dr. Martln Steiner (Chairman), Carolyn West (Secretary), Lynne Hebblethwaite (Shop Co-ordinator), Ken Bramall, Richard Ibbeson (Treasurer). All the officers have acted in their roles for the entire year. The committee appoints the trustees and at the moment there are 9 committee members. The object of the Charity is to raise funds to help and support the welfare and lifestyle of th8 patients, assist In the educational facilitles and provide funding for projects which come within our remit. The Friends also fund the distribution of toys to the wards at Christmas. We have continued to hold committee meeting by Zoom on the first Wednesday of every month. Thanks to the efforts of Lynne Hebblethwaite and her team of volunteers, our shop has had record year and we feel that we play an integral role in making visits to the Hospital less intimidating. However, we still need more volunteers to enable us to keep the shop fully stsffed. Our donations to the Hospltal have incr88sed again this year and our reserves are healthy, thanks to the hard work of our volunteers over the years, so we are confident that we shall be able to continue to support the Hospital. We publicise the availability of funding throughout the Hospital but we rely on hospital staff, departments and adolescent services to provide us with the opportunity to give. We are always pleased to receive r8qU8Sts for funding and no reasonable r8quest is ever rejected; we want to help as much as we can. Paid fundraisers are not employed and our Charity is entirely run by volunteers. All services are shown in our receipts and payments annual accounts, which we submit. Signed . Dr M. Steiner Chairman Date... Signed..
CHARITY COMMISSION FOR ENGLAND AND WALES Independent Examiner's Report on the Accounts Section A Independent Examiner's Report Report to the trustee81 membors of Friends of Sheffield Children's Hospital On accounts for the year ended 31 March 2024 Charlty No. 503571 Set on pages I report to the trustees on my examination of the accounts of the above charity ("th8 Charity") for the year ended 31 March 2024. Responslbllltles and basls of report As the charitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charitie6 Act 2011 {'Ih8 Act"). I report In respect of my examination of the Charity's accounls carri8d out under s8Ction 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charlty Commission under section 145(5){b) of the AGt. Independent I have completed my examinatlon, I confim that no material matters have examlnerfs ststement come to my attention in connection with the examination which gives me cause to believe that in any material rgsp8Ct: the aGGOUnting records were not kept in accordance with Saction 130 of the Charitl8s Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicabl8 requlr8ment8 conceming the form and content of accounts set out in the Charitles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not matter considered as part of an Independent examination. I have no concern5 and have come across no other matters in Gonnection with Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgnad: Date= J/1 o/kni+ Name: Elsa Yau
Relevant professional Associate qualification(s) or body Chartered Institute of Management Accountants (CIMA) (if any): 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 N/A examiner wishes to disclose .
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2024
| Note 2023/2024 2022/2023 Income £ £ Generated Funds Sales 1 47,827 37,216 Raffles - - 47,827 37,216 Donations and Similar Receipts Donations 4 5,765 25,159 Subscription 903 25 Gift Aid Refund 284 - Miscellaneous 120 - 7,072 25,184 |
||
| Investment Income Interest on Investment 2 - Total Income Resources Expended Cost of Generating Funds Cost of Sales 3 28,746 |
- 54,899 62,400 19,949 |
|
| Raffle - |
- | |
| Grants 5 Ward Gifts 18,657 Toys 6,000 Management and Administration Printing and Stationery 37 Catering - Insurance 324 Miscellaneous 447 Total Expenditure Net Receipts/(Payments) |
28,746 19,949 17,831 6,000 24,657 23,831 - - 299 411 808 710 54,211 44,489 688 17,911 |
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| STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2024 |
|
|---|---|---|---|---|
| Balance Sheet Cash Funds Nat West Current Account Assets Retained for the Charity's Own Use Shop Stock |
2023/2024 £ 61,061 61,061 5,409 5,409 |
2022/2023 £ 59,406 59,406 6,376 6,376 |
||
| 5,409 | ||||
| Prepayments | ||||
| Prepaid Insurance | - | - | - - |
|
| Total Assets | 66,470 | 65,782 | ||
| Funds Last Year End | 65,782 | 47,872 | ||
| Net Receipts (Payments) Funds This Year End |
688 66,470 |
17,911 65,782 |
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| STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2024 |
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2024 |
|---|---|---|---|
| Note | 2023/2024 2022/2023 £ £ |
||
| Operating Activites Net cash inflow/(outlfow) from operating activites |
a | 1,655 18,291 |
|
| Return on investments and servicing of finance: Interest received |
- - |
||
| CashFlow Movement | 1,655 18,291 |
||
| Notes to Cashflow Statement Note a – Reconciliation of net cash inflow from operating activities |
|||
| 2023/2024 2022/2023 £ £ |
|||
| Total opearting (deficit)/surpls 688 17,911 Decrease(increase) in stock 968 380 Decrease(increase) in debtors - - Increase ( decrease) in creditors - - |
|||
| 1,655 18,291 |
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Note 1 - Income from Activities
(a) - Sales Revenue
| 2023/2024 | 2022/23 | Increase/(Decrease) | Increase/(Decrease) | |
|---|---|---|---|---|
| £ | £ | £ | % | |
| Shop | 47,827 | 37,216 | 10,612 | 29% |
(b) - Contribution to profit/(loss) from various activities undertaken
| 2023/2024 | 2022/2023 | Increase/(Decrease) | Increase/(Decrease) | |
|---|---|---|---|---|
| £ | £ | £ | % | |
| Sale - Shop Raffles Total |
47,827 - 47,827 |
37,216 - 37,216 |
10,612 - 10,612 |
29% 29% |
Note 2 - Interest Receivable
| 2023/2024 £ |
2022/2023 £ |
Increase/ (Decreas e)% |
|
|---|---|---|---|
| Nat West Current Account | 0 | 0 | 0% |
Note 3 - Calculations of Cost of Sales
| £ | |
|---|---|
| Opening Stock Purchases Closing Stock Cost of Sales |
6,376 27,779 5,409 28,746 |
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Note 4 - Donations
| Donors | £ |
|---|---|
| Donated through Just Giving Donated through CAF Donated through charities trust Anonymous donation Raised by Annemarie Wilson Total of donations of less than £300 Total Donations |
1,889 1,100 1,086 500 350 840 5,765 |
Note 5 - Grants
| Grants | £ |
|---|---|
| Christmas toys for the wards Clinical Research Facility Wards1-4 Infant Feeding PCCU SCH Volunteer Services Ryegate Childrens Centre Treetops House Becton School Paediatric Respiratory Unit Ophthalmology Total grants of less than £500 Total 34 Individual Grants |
6,000 4,292 2,430 2,374 1,940 1,725 1,000 1,000 930 630 558 1,777 24,656 |
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