The Royal Infirmary of Edinburgh Pelican Nurses, League (Registered Charity Number SC001049) Trustees, Report and Receipts and Payments Account Year ending 30 September 2024
The Ro al Infirma of Edinbur h Pelican Nurses, Lea (Registered Charity number SC001049) Trustces. Re For the ear ended 30 Se ue tember 2024 The Trustees present their Report logether with the Accounts and the Independent Examiner's Report for the year ended 30 September 2024 to the Annual General Meeting to be held in April 2025. Reference and Administrative Information Charity Name The Royal Infirmary of Edinburgh Pelican Nurses, League Charity Number SC001049 Address 15 Cramond Bank, Edinburgh. EH4 tiPS Current Trustees President General Secretary Treasurer Journal Editor Journal Editor Advisory Trustee Advisory Trustee Advisory Trustee Advisory Trustee Advisory Trustee Trustee Trustee Trustee Other Trustees who served during the year to 30 September 2024 Resigned July 2024 Resigned May 2024
Structure Governance and Mana ement Governing document The Royal Infirmary of Edinburgh Pelican Nurses, League (the League} is an unincorporated association. It is governed by its constitution that was last amended on 30 April 2022. Appointment of Trustees An Executive Committee of Trustees (comprising Office Bearers. Advisory Trustees and four other Ordinary Members of the Commitleel conduct5 the administration of the League. Vacancies in either the Office Bearers or Ordinary Members of the Committee afe filled by the nomination and seconding of candidates by any League member and thereafter voted on at the Annual General Meeting and decided on by a simple majority of those present al the meeting. Advisory Trustees are appointed by the President and approved by the Office Bearers and Ordinary members of Ihe Committee Management The Trustees are responsible for carrying out the general policy of the League and for providing the management, adminislralion and control of ils affairs and assets. Charitable purpose (a) To disburse monies in support of members found lo be in need by reason of age, ill-heallh, disability, financial hardship or other disadvantage, al the sole discretion of the Executive Committee. To promote the advancement of education of Registered Nurses (Adult branch of Nursing) working within NHS Lothian for a minimum of two years, by considering requests for grants from these nurses, to enable them to carry out a project designed with a view lo improving patient care. To promote the advancement of education of Nursing Students training for Registration (Adult branch of Nursing) from Edinburgh Napier University and the University of Edinburgh. by considering requests for financial support for their Clinical Elective placement. To publish and distribute an annual journal as means of sharing information and items of interest lo the mèmbership. Ibl Icl Idl Activities and Achievements in the year to 30 September 2024 Six grants of £500 each were awarded to Edinburgh University Student Nurses to assist them with funding for Iheir Clinical Elective Placements. A further grant of £200 was awarded to a registered nurse lo assist her with expenses towards an Elective Placement. In addition lo this a payment of £210 was paid lo a registered nurse lo enable her to attend a conference. Floral gifts were provided to elderly or infirm members of the League. The Annual General Meeting was held on the 27 April 2024 at the Royal Scot's Club, Edinburgh.
The Trustees have continued lo meet regularly. with some meetings face lo face at the RCN Headquarters and others on Zoom. Resepdes policy and results for the year Investment of seNeS The League's reserves at 30 September 2024 total £56.494 130 September 2023 £59.917). Previously The League had funds in both a portfolio, under discretionary management by Brooks Macdonald Asset Management Limited .and a TSB savings account. Earlier this year, our financial advisor failed to Inform us that he had resigned from the company that he worked for. and Iherefore we were left with the decision to either look for another financial advisor, which would have incurred a substantial cost to the League, or close our investment account and transfer the funds lo our savings account. Given the uncertainty of the League's future. logether with the potential costs that would be incurred with a new financial advisor, the Trustees decided to close our investment account and therefore all our reserves are held in our TSB savings account. Financial results for year In the year to 30 September 2024 payments exceeded receipts {before transfers from investments) and resulted in a deficit of £9498 which was £3370 higher than in the previous year. Total receipts (before transfers from inveslments} in 2023124 decreased by £405 10 £1421. There was a small decrease in donations. which were £35 lower than in 2022123. Total payments in the year 2023124 increased by £2965 to £10919. This was mainly due to.. An Increase in the cost to print and p051 the journal and the fact thal every member received a hard copy this year rather some receiving Iheirs by email. An increased cost for our annual lunch. which exceeded member's donations by almost £1000. An increase in the number of nurses who received an educational granl. As at 3010912024, our total cash in hand in our savings accounl and including pelty cash of £15.77 is £56.728. Approved by the Trustees on 31 October 2024 and signed on their behalf by: 7 reasurer
indep_endent Examiner's Re Pelican Nurses, Lea ue. (Registered Charity No. SC001049 Year endin 30Se tember 2024 ort to the Trustees of the Ro al Infirma of The Edinbur I report on Ihe Financial Sialemenls (the Accounts} of the Royal Infirmary of Edinburgh Pelican Nurses. League Ithe League) foi the year ending 30 September 2024 that are set out on pages 6 to 8. Respective Responsibilities of Trustee5 and Examiner The League s Trustees are responsible for the preparation of the Accounts in accordance with tho terms of the Charities and Trustee Investment IScolland} Acl 20051.the 2005 Act") and Ihe Charities Accounts IScolland} Regulations 2006 las amended) {"Ihe 2006 Regulations'l. The League s trustees consider Ihal the audit requirement of Regulation 1011) (d l ol the 2006 RegLJlalions does nol apply. 11 is my responsibility lo examine the accounts as required under section 44111 Icl ol the 2005 Act and lo slate whether particular mallers have come to my atlention. Basis of Independent Examiner's Statement My examination is carried oul in accordance wilh Regulation 11 of the 2006 Regulations. An examination includes a review of accounting records kepl by the League and a comparison of the Account5 presented with Ihose records. 11 also includes consideralion ol any unusual items or disclosures in lh8 Accounts and seeks explanations from the Truslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and. consequently. I do not express an audit opinion on the view given by the Accounts. Independent Examiner's Statèmènt In connection with my examination. no matter has come to my attention- Which gives me reasonable cause lo believe that, in any malerial respect. the requirements.. To keep accounting records in accordance with section 44111 (al of the 2005 Acl and Regulation 4 of Ihe 2006 regulations, and To prepare Accounts which accord with Ihe accounling records and comply with Regulation 9 of Ihe 2006 Regulalion5 have noi been mel, or To which. in rny opinion allention should be draA'n in order to enable a proper 1,2n J Broi*n ana Company 2 Comiston Road Edinburgh EH10 5QE Dale
The Ro al Infirma of Edinbur h Pelican Nurses, Lea IRegistered Charity No. SC001049) Recei ts and Pa ments Account ue Year Endin 30Se tember 2024 Year ending 30 SL'pteniber RECEIPTS Dividcnd5 received 95U Donation5 721 756 LifL' membership fLies Receipts before transfers from investments IC)U 120 IE326 PAYMENTS Awards to nurses 2000 Gifts to members 541 827 Pelican journal - printing and pi)%tage Members, Lunch C05t11.ess., Donations from member5) 2310 (1311) 99() 192411290) 634 Doiiation Investment Mandgemeiit Costs and Advisoi-y Fees Examiner's Fee 597 216 Sundry Expenses -rravelling Expenses Executive Mel'ting Costs iio ion 68 Total payments (DEFICIT) before transfer from investments (9498) I6128) 8000 I'raiislLr fr()iii Iiiveslnieiits Tot.Il rc'Leipts ILs% to(.21 payimeiits t.or the year (Net paytnents) Total rcLeipts for yL'Jr Tntal payments for year 'I'otal rL'CLJlPts less total paymeiits for year LNet payments) 9826 iO()j9 All funds are unrestricted
The Ro al Infirma of Edinbur h Pelican Nurses. Lea ue (Registered Charity No. SC001049) Stalement of Balances Year Endin 30Se tember 2024 Ycar cnding 30 September 2023 CASH FUNDS At start ofsiear [DL,ficitl bL,lore tran%fers Irom iTtvestmcnt5 Transfers froni investinciils Net ciinoiint of divideiiiis received less investment managcment cost5, chargLd in arriving at the defjcit belore transfers frutn investmenis, above. but retained in the investment portfuli() 'lutal receipts le%$ toial payments for year within cash funds- [net pa}'ments) At end of y¥ar 2958 1439 {612ti) Xuuu 1164) 1353) 53770 1519 56728 29.58 LLIABILITIÉS 234 366 All funds are unrestricted. The Slalemenl of Balances as at 30 September 2024 was approved by the Trustees of the Royal Infirmary of Edinburgh Pelican Nurses, League on 31 October 2024 and signed on their behalf by". Treasurer The notes on page 8 fom7 part of ihese accounts.
The Ro al Infirma of Edinbur h Pelican Nurses, League (Registered Charity No. SC001049) Notes to the Accounts Year Endin 30Se tember 2024 1. Basis of Accounting These financial statements have been prepared in accordance with the Charities and Truslee Investment (Scotlandl Act 2005 {"Act-} and Ihe Charities Accounts (Scotland) Regulations 2006 (as amended) I"Regulations"l on the Receipts and Payments basis. 2. Nature of Fund Unrestricted funds are Ihose thal may be used at the discretion of the Trustees in furtherance of the objects of a charity. The Trustees of The Royal Infirmary of Edinburgh Pelican Nurses, League maintain a single unrestricted fund for the day to day running of the League. 3. Trustees, Remuneration No remuneration was paid lo any of the Trustees or to 'connecled persons. during the year ending 30 September 2024 (2023 - nil). 4. Trustees, Expenses Travelling expenses of £100 were paid to Trustees during the year ending 30 September 2024 {2023- nil).