Robinson Memorial Hospital Ballymoney (Incorporatcd) Trustees, Report The tWStee5. who are directors ftir the purpose5 of wmpany law. present the annual report logether with the financial statements of the charitable company for the year ended 31 December 2023. Objectives and activities Objects and aims The principal activity of Robinson Memorial Hospital Ballymoney (In¢orpordted) is the administration of the investments representing the endownment funds of the hospital and passing this inconie to tlie NHSCT to be used for tlie benefit of the Robinson Hospital and Health Centre In addition to the endownment funds tlie Board of Management are also responsible for the administration of other funds to be used also for the benefit of the Robinson Hospital but they do not fomi any part of the endownrnent furtds The company is a re81Stered Chlty. Charity no. 100343. registered. 0910912016 The ainis of the charity are to improve health outcomes frir any member of the public primarily in the Causeway area requiring treatment either in the hospital or in any of the various on-site 14ealth & Care facilities Objecilves, siraregles and ucLlvl¢le5 In 2023 there was a strong perfomiance by equities but a mixed perfomiance from bonds and this trend seem5 to have continued in 2024. Public benefil Providing on-going supplementary funding to NHSCT assists the continued provision of a community hospital in Ballymoney. currently operated by the NHSCT, as an Intermediate Care Facility. The hospital provides care for patients who require inpatient rehabilitation. care and rehabilitation following fracture surgery. or for further assessment following an acute hospilal admission. Patients with palliative needs can also receive end of life care in the hospital. The pmvision of facilities to accommodate a Health and Care Centre for the local area is an additional benefit. These benefits are ¢videnced through the continued existence of a busy hospital with high occupancy rates and a reputation for excellent care. The beneficiaries are any member of the public primarily in the Causeway area requiring treatment either in the hospital or in any of the various on-site Healtli & Care facilities. Some funding is used for training of medical staff for example attendance at palliative care or ommunity hospital seminars. This is incidental and necessary because it potentially enhances the quality or care provided and therefore the piiblie benefit. Some funding is used for the provision of additional services and equipment not normally provided by the NHSCT. Examples of this would be purchase of specialist medical equipment. reclining chairs. etc. or the development of buildings to facilitate day h05pice or similar services to enhance patient care and comfort The trustees confsrm that they have complied with the requirements of Charitie5 Act tNI] 2008 to have due regard to the public benefit guidance published by the Charity Commission for Nlorthern Ireland FinAnci41 review Policy on reserv£s The Trustees consider it prudent to hold reserves at the current level to enable it to continue with its current stated objectives. Trustees and officers The trustees and olricers serving during the year and since the year end were as follows: Page 2
Robinson Memorial Hospital Ballymoney (Incorporated) Trustees, Report Trustees: David Robinson (President) Hugh Clarke (Vice President) Margar¢t Allison (Vice President) Joe Gillan (Honorary Treasurer) Dr John Flynn ( Honorary Secretary) Allen Mathewson (A55iStant Honorary Treasurer) Joan Carey (Assistant Honordry Secretary) Henry Algco (retired 21 June 2023) John Borland Dr Shauna Fannin Dr David Johnston Geny McAfee Karen Mcmaster John Pinkerton Gordon Robin50n Neil Robinson Dr Adrian Patrick Sterne Mrs Emma Rachel Mccarroll BSC Structure, governance and management Orgaiiist71ional strucltirc The company is limited by guarantee and is also is a recognised Charity. The Charity is governed by an Executive Board which meet on a quarterly basis throughout the year. The office bearers Mr David Robinson was re*le¢ted president. Mr Hugh Clarke vice president, Mrs Margarct Allison vice president and Dr J Flynn was elected honnorary sectretary. Mr Henry Algeo retired as honorary treasurer and was replaced by Mr Joe Gillan In accordance with the Articles of A550ciation Mrs J Carey. Dr S Fannin. Mrs E Mccarroll and Mr G McAfee retired by rotation together with the office bearers Mr David Robinson. Mr Hugh Clarke. Mr Joe Gillan, and Mrs Margaret Allison. and all were eligible for reIe¢tion. Fin8nciil instruments Objeclives andpolicies The charity's activities expose it to a number of financial risks including credit risk. cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policic5 approvcd by the board of trustees, which provide written principles on the usc of financial derivatives tr) manage these risks. The charity does not use derivative financial instruments for speculative purposes. Page 3
Robinson Memorial HospitaI Ballymoney (Incorporated) Trustees, Report Statement of Trustees, Responsibilities The trustees (who are also the directors of Robinson Memorial Hospi121 Ballynioney {Incorporated) for Ilie purposes of cornpany law) are responsible for preparing the Iruslees, report and ihe fiiiaiicial siatcmeiits in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdoin Generally Accepted Accounting Praclice). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Compony law requires the trustees to pr¢pare financial statements for each financial year. Under company law the trustees must not approvc the financial statements unles5 they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparÈng these financial statements. the trustees are required to: select suitable accounting poli¢ies and apply them consistently. observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent. state whether applicable ac¢ounting standards. comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the finan¢ial statements. and prcparc thc financial statcmcnts on thc going ¢oncern bosis unless it is inappropriate to presume that the charitable company will continue in bu5ine5S. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the finaiicial sÉaleineiits comply with the Companies Aci 2006. They are a150 responsible for safeguarding Ihe assets of the cliarilable ompany and hence for taking reasonable steps for the prevention 3nd delection OF fraud and oiher irregularilies. The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the Charitable company's website. Legislation goveming the preparation and dissemination of financial statements may differ from lÈgislation in other jurisdictinns. The annual report wa5 approved by the tnjstees of the charity on 26 June 2024 and signed on its behalf by: Margar Trustee Allison (Vice President) Page 4