Friends of Sheffield Children's Hospital Registered Charity No. 503571 Trustees Annual Report for the financial year beginning 1•1 April 2024 and ending 31 March 2025 The Charlty's prlnclpal address Is: Sheffield Children's NHS Foundatlon Trust Western Bank Sheffield S10 2TH There are five trustees of the Charity and they are Dr. Martin Steiner (Chainnan), Carolyn West (Secretary), Lynne Habblethwaite (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 ai the moment thera are 9 committee members. The objective of the Charity is to raise funds to help and support the welfare and lrfestyle of the patients, assist in the educational facilities and provide funding for projects which come within our remit. The Friends also fund the distribution of toys to the wards at Christmas. Thanks to the efforts of Lynne Hebblethwaite and her team of volunteers, our shop has enjoyed another record year and we feel that we play an integral role in making visrts lo the Hospital less intimidating. However, we still need more volunteers to enable us to keep the shop fully staffed. Last year was almost a record year for the value of donations that we made to the Hospital and we are pleased that this year we have donated Similar amount, howèver we are conc8m8d that the actual number of requests we have received for funding has reduced this year. In order to promote more requests, we have redesigned our publicity leafiet and request fom for distribution throughout the Hospital. We now encourage applications for funding by email so that requests can be dealt with quickly. We do emphasise that we are always pleased to receive requests for funding and no reasonable request is ever rejected,. y 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. Steinerchainnan Date................. Signed. R.L. Ibbeson Treasurer Date..
(HARITY (OMMISSION FOR ENGLAND AND WALES Independent Examiner's Report on the Accounts Section A Independent Examiner's Report Report to the trustsesl members of Friends of Sheffield Children's Hospital On accounts for the year ended 31 March 2025 Charity No. 503571 Set out on pages I report to the trustees on my examination of the accounts of the above chartty ("th8 Charrtl,) for the year ended 31 March 2025. Responsibilities and basls of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 2011 ("the Act"). I report in respect of my examination of the Charity'8 accounts rArried out under section 145 of the 2011 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 I have compl8t8d my examination. I confimi that no material matters have examlnerfs statement come to my attention in connection with the examination vthich gives me cause to believe that in any material respect: the accounting records wer8 not kept in accordanc8 With section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply wrth the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. 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, Signed: Dat?: 2/l/xo 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 2025
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Note 2024/2025 2023/2024
Income
£ £
Generated Funds
Sales 1 52,497 47,827
Raffles - -
52,497 47,827
Donations and Similar Receipts
Donations 4 10,752 5,765
Subscription 39 903
Gift Aid Refund 128 284
Miscellaneous - 120
10,918 7,072
Investment Income
Interest on Investment 2 - -
Total Income 63,415 54,899
Resources Expended
Cost of Generating Funds
Cost of Sales 3 26,863 28,746
Raffle - -
26,863 28,746
Grants 5
Ward Gifts 16,846 18,657
Toys 7,000 6,000
23,846 24,657
Management and Administration
Printing and Stationery 161 38
Catering 160 -
Insurance 324 324
Miscellaneous 51 447
696 808
Total Expenditure 51,405 54,211
Net Receipts/(Payments) 12,010 688
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STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING 31 MARCH 2025
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Balance Sheet
2024/2025 2023/2024
£ £
Cash Funds
Nat West Current Account 71,861 61,061
71,861 61,061
Assets Retained for the Charity's Own Use
Shop Stock 6,619 5,409
6,619 5,409
Prepayments
- -
Prepaid Insurance
- -
Total Assets 78,480 66,470
Funds Last Year End 66,470 65,782
Net Receipts (Payments) 12,010 688
Funds This Year End 78,480 66,470
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| STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2025 |
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2025 |
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2025 |
|---|---|---|
| Note | 2024/2025 2023/2024 £ £ |
|
| Operating Activites Net cash inflow/(outlfow) from operating activites |
a |
10,799 1,655 |
| Return on investments and servicing of finance: Interest received |
||
| CashFlow Movement | 10,799 1,655 |
Notes to Cashflow Statement
Note a – Reconciliation of net cash inflow from operating activities
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2024/2025 2023/2024
£ £
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| Total opearting (deficit)/surpls | 12,010 | 688 | |
|---|---|---|---|
| Decrease(increase) in stock | - | 1,211 |
968 |
| Decrease(increase) in debtors | - | - | |
| Increase ( decrease) in creditors | - | - | |
| 10,799 | 1,655 |
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Note 1 - Income from Activities
(a) - Sales Revenue
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2024/2025 2023/2024 Increase/(Decrease)
£ £ £ %
Shop 52,497 47,827 4,670 10%
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(b) - Contribution to profit/(loss) from various activities undertaken
| 2024/2025 | 2023/2024 | Increase/(Decrease) | Increase/(Decrease) | |
|---|---|---|---|---|
| £ | £ | £ | % | |
| Sale - Shop Raffles Total |
25,634 - 25,634 |
19,081 - 19,081 |
6,553 - 6,553 |
34% 34% |
Note 2 - Interest Receivable
| 2024/2025 £ |
2023/2024 £ |
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 |
28,074 6,619 26,863 5,409 |
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Note 4 - Donations
| Donors | £ |
|---|---|
| Donated through Just Giving Donated through Charities Trust Donated through CAF Total of other donations Total Donations |
4,779 1,909 1,568 2,496 10,752 |
| Note 5-Grants | |
| Grants | £ |
| Christmas Toys for the Wards Play Team Wards 1-6 Theatre Admissions SCH Volunteer Services Cystic Fibrosis PCCU Infant Feeding Respiratory and Sleep Research Emergency Dept Neurophysiology Critical Care Radiology Total grants of less than £500 Total- 26 Individual Grants |
7,000 4,000 2,050 2,000 1,521 1,000 900 838 780 710 600 500 500 1,448 23,846 |
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Friends Past Performance
Shop Sales Shop Profits Gross Profit Fairs Raffles Subs/Donations Investement Gift Aid Total Ward Gifts Number of Ward Gifts [Bank Balance]
98/99 £12,134 £4,599 38% £1,816 £1,248 £2,400 £2,026 £47 £12,136 £13,875 £32,000
99/00 £12,703 £3,550 28% £1,415 £1,111 £1,220 £1,215 £74 £8,585 £22,700 £20,800
00/01 £14,599 £6,702 46% £2,210 £1,166 £2,500 £793 £24 £13,395 £6,500 £26,500
01/02 £14,815 £5,623 38% £1,956 £1,046 £2,200 £809 £114 £11,748 £6,997 £31,750
02/03 £17,471 £7,600 44% £1,328 £1,007 £1,600 £619 £266 £12,420 £23,000 £18,155
03/04 £16,559 £6,525 39% £1,471 £1,121 £2,700 £319 £22 £12,158 £9,344 £20,000
04/05 £17,110 £8,800 51% £1,544 £1,244 £6,600 £467 £451 £19,107 £8,091 £30,000
05/06 £15,687 £6,993 45% £1,961 £1,210 £3,516 £745 £147 £14,572 £19,782 £23,347
06/07 £15,045 £5,929 39% £1,637 £1,345 £14,483 £620 £190 £24,204 £12,072 £34,418
07/08 £14,916 £6,822 46% £1,593 £1,592 £1,476 £1,148 £231 £12,862 £13,299 £33,193
08/09 £18,971 £9,520 50% £1,529 £936 £4,700 £805 £309 £17,800 £17,622 £32,437
09/10 £22,336 £9,272 42% £1,558 £1,120 £6,244 £65 £265 £18,524 £27,106 £25,889
10/11 £23,732 £9,247 39% £2,079 £1,382 £34,570 £33 £1,494 £48,805 £13,202 36 £56,184
11/12 £29,900 £13,558 45% £2,535 £1,439 £2,278 £139 £212 £20,161 £30,366 30 £43,457
12/13 £28,419 £10,257 36% £3,983 £1,572 £2,753 £195 £153 £18,913 £17,129 30 £44,801
13/14 £34,327 £15,219 44% £1,407 £1,409 £6,909 £574 £198 £25,716 £18,014 27 £50,336
14/15 £29,223 £12,264 42% £0 £3,696 £4,419 £592 £165 £21,136 £21,678 44 £48,443
15/16 £25,821 £10,968 42% £0 £2,917 £5,887 £348 £217 £20,337 £21,319 32 £47,935
16/17 £23,287 £9,637 41% £0 £3,034 £10,418 £283 £223 £23,595 £19,737 39 £53,810
17/18 £20,161 £9,066 45% £0 £2,413 £7,402 £174 £357 £19,413 £18,809 40 £53,247
18/19 £29,520 £13,161 45% £0 £3,021 £9,920 £198 £228 £26,528 £22,798 40 £51,764
19/20 £36,392 £17,054 47% £0 £2,202 £18,078 £219 £201 £37,754 £31,194 52 £57,455
20/21 £0 £0 £0 £0 £3,355 £159 £932 £4,446 £14,657 19 £47,238
21/22 £15,798 £8,000 51% £0 £0 £13,730 £39 £1,050 £22,819 £21,194 18 £41,116
22/23 £37,215 £17,267 46% £0 £0 £25,159 £0 £0 £42,427 £23,831 35 £59,406
23/24 £47,827 £19,081 40% £0 £0 £6,668 £0 £284 £26,033 £24,657 34 £61,061
24/25 £52,497 £25,634 49% £0 £0 £10,791 £0 £128 £36,553 £23,846 26 £71,861
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