Charity Reglstratlon No. SC041088 (Scotland) FRIENDS OF THE BORDERS GENERAL HOSPITAL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Frlends of the Borders General Hospltal
FRIENDS OF THE BORDERS GENERAL HOSPITAL CONTENTS Page TRUSTEES, REPORT LEGAL AND ADMINISTRATIVE INFORMATION STATEMENT OFTRUSTEES, RESPONSIBILITES INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL AcfiviTIES STATEMENT OF FINANCIAL POSITION NOTESTO THE FINANCIAL STATEMENTS 8-12
FRIENDS OF THE BORDERS GENERAL HOSPITAL TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are pleased to present their annual report together with the financial statements for the year ended 31 March 2025. OBJEcfivES & AcfiviTIES The charlty's prlncipal objective is to advance health by supplementing the service provided by the Borders General Hospital for the health, welfare and comfort of patients and staff through the provision of facilities, buildings and equipment which may be required for the efficient running of the hospital To relieve those in need by reason of age. ill health. dlsability, financial hardship or other disadvantage. ACHIEVEMENTS & PERFORMANCE During the year to 31 March 2025 The Frlends held two fundraislng events, belng a quiz night and golf day which were both great success. The Friends purchased entries and t-shirts for both the Kiltwalk and Great North Run, both events raised much appreclated funds for the charity and hopefully increased awarene55 of the charity. The charitable donations made by the Frlends totalled £140,416 12024- £15,446). These Included medlcal equlpment (resuscitation trollies, tens machines, accuvein machines and prostate equiprnentl, furniture, appliances, vouchers and various other items for the wards within Borders General Hospital and community nurse5. Included in this amount is £25,000 donation which was forwarded onto the chronic pain team. Also included is £30,000 for the 'Friendly Bursary, Staff are always extremely appreciative of these donations and the Friends are delighted to support them. FINANCIAL REVIEW The only ftJndln8 sources of the charity were donations and le8acies and fundraising income. Reserves At 31 March 2025 the charity had total unrestricted funds of £695,296 of which £163,749 are designated funds. These designated funds are donations received with an expressed wish for the use of the donation. It is the policy of the charity that unrestricted funds which have not been designated for 3 specific use should be malntained at a level equivalent to one years critical expenditure. The critical expenditure of the charlty Is no more than £10,000. Overall Posltlon For the year to 31 March 2025 the charity has recorded a surplus of £69,432 compared wlth the surplu5 of £556,084 in the year to 31 March 2024. Income The total Income for the year amounted to £215,7518 lar8e decrease compared to the previou5 year whSch was £591,446. During the year we received very generous le8acy donatlons of £178,58912024-£565,0001. We could not continue without the generous Support of the public and the f undralslng efforts of clubs, individuals and organisations. Donations recieved by The Frlends of Borders General Hospital allow us to continue to support the Hospital and wider community. Expendlture Expenditure for the financial year amounted to £146,319, an Increase from the previous year £35,362. This is as a result of increasing charitable donatlons from the requests received during the year. The Charitable donations were £140,416 for the year which is an increase from £15,446 in the previous year. Goln8 Concern There are no material uncertainties regarding going concern and the charity remains in a very strong positlon financially for the next financial year.
FRIEND5 OF THE BORDERS GENERAL HosprrAL TRusfEES' REPORT (INCLUDING DIREcfoR5' REPORTI{CONTD) FOR THE YEAR ENDED 31 MARCH 2025 STRucfuRE. GOVERNANCÉ & MANAGEMENT The Frlends of Borders General Hospital Is an unincorporated charity that is governed by its Constltutlon, last updatÈd ITh 2025. Recrultment and Appointment of New Trustee5 Trustees can put forward recommendations for new Trustees. All current Trustees wlll then be asked for thelr approval for the admisslon of the new Trustee. Declslon maklng When a rpquest comes In for a donation the prop05al 15 presented to all Trustee5, usually via emall. The majorlty of trustees then either reject or approval the proposal. We are worklng on a more structured procedure for donatlons requests. thls Is to ensure all requests ère kept on one re8lster and the progress can be easily tracked. This should also help us work with the hospital more efficiently when dealin8 With requests. Prlnclpal rlsks and uncertalnties We consider a principal rlsk of the charity to be successlon . In order lo mltlgate thls rlsk currerit Trustees are encouraged to conslder and put forward any recommendations for nèw Trustees. this has resulted in the appointment of a new Chair in the year to 31 March 2025 ané we will continue lo encoura8e the recruitment of new Trustees. Another risk Is the reduction in the level of donations recelved due to the ongolng cost of Ilvlng cr15iS Wlthin the country. In order to mltlgate thi5 rlsk we keep up a social media presente, regularly updatlng our facebook pa8e wlth recent donations and any f undralslng efforts carried out by individuals. We buy places in events such as the Great North Run to encourage Individuals to partlcpate to ralse funds for the charity. Plansfor future periods We will continue to develop and move forward the following plans: Implement a more structured procedure for donation requests -continue lo work closely with staff members withln the various departments in the BordeTS General Ho5Pital to best support them. Chair Dated..
FRIENDS OF THE 80RDERS GENERAL HOSPITAL LEGALAND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Charfty number SC041088 Re8lster•d office Trustees Independent examlner ankers Royal Bank of Scotland 6 The Square Kelso TD5 7HG Scottlsh Wldows Bank 25 Gresham Street London EC2V 7HN
FRIENDS OF THE BORDERS GENERAL HOSPITAL STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for preparing a Trustees, annual report and financial Statements in accordance with applicable law and United Kingdom Accountin8 Standards Iunited Kingdom Generally Accepted Accountin8 Pratticel. The law applicable to charities in Scotland require5 Trustees to prepare financial statements for each financial year which glve a true and faSr view of the state of affairs of the charity ond of Its incomin8 re50urce5 and application of resources, including the Income and expenditure of the charity for that period. In preparin8 these financial statements the trustees are requlred to: select suitable accountin8 policie5 and then apply them con515tently; observe the methods and principles in the Charities SORP.. make jud8ements and estimates that are reasonable and prudent,. state whether applicable UK occountins 5tandard5 and Statements of Recommended Practlce have been followed, subject to any material departure5 disclosed and explained in the financial statements,. and prepare the financial Statements on the going concern basis unle55 It is inappropriate to presume that the charity will contlnue In operation The Trustees are responsible for keeping adequate accounting records that are sufficlent to show and explaln the Charity's transoctions and disclose with reasonable accuracy at any time, the financial p051tion of the charity, and to enable them to ensure that the financial statements comply with the Charitles and Trustee Investment Iscotlandl Act 2C(J5, the Charitie5 Accounts Iscotlandl Regulations 2006 las amended) and the provisions of the constitution. They are also responsible for safe8u3rding the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularlties.
INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF FRIENDS OF BORDERS GENERAL HOSPITAL I report to the trustees on my examinètion of the financièl statements of The Friend5 of tho Borders General Hospital (the charity) for the year ended 41 March 202,5. which are set out on pages 6 to 12. Re5pon51blltles and ba51s of report The trustees of the charlty èle responslble for the preparatlon of the linanclal statements In accordance wlth the terms of the Ch3ritie5 and Trustee Investment Ikotalndl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006. The trustees conslder that the audit requlrement Df Re8ulation IOlillal-Icl Df tho Charities Accounts (Scotlandl Regulations 2006 doe5 not applv. It Is my responsibllity to eKamlne the flnanclal statements as requ5red under 5ertlon 44llllcl of the Chailties and Trustee Investrnent (Scotlandl Aci 2005 and to State whether particular matters have come to my atleiition. B•il$ ol Independent •x•miner'i ststem•nt My examlnatlon is carried oui In accordance with Regulation 11 of the Charltles Accounts Ikotlandl Regulations 2006. An examination Includes a review of the accounting records kept by the charlty and a Lc)mparison of thè findnci#l staternents presented with thosè records. It algo Includes tonsideration of any unusual items or disclosure% in the financlal statements, anci seeklng explJnatlons from the trustees concernlng any such mattels. The procedures undertsken do not provlde all the evldence that would be requlred In an audlt, and consequently I do not express an auolt oplnlon on the vlew Given by the finantial statements. Indtp•nd*fit e¥amlner's st•temont In the course ol my examinètlon, no matter has come to my attention l. whlch 8l¥es me reasonable cause to belleve thJt In any material respect the requlrementS'. to keep accountlng records In accordance wlth Seclton 44llllal ol the Charltles an(J Trustee Investment Iscotlajdl Act 2005 and Re8ulation 4 of the Charltles Ateounts (Acotlandl ReEulatlons 2006 and -to prepare flnai)cial statemei)ts wh5ch accord wlth the accounting records and comply wlth Re8ulati¢n 8 of the Charities ALCQUnts IScotl8ndl Regulations 2006 hove not been fTiet, or 2. to whlch, In my oplnlon, attentlon should be clrawn In order to enable a proper understandin8 of the flnanclal statements to be reachEd. Date
FRIENDS OFTHE BORDERS GENERAL HOSPITAL STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlrted Unrestrlcted Desl8nated Funds Total funds Total funds Funds 2025 2024 Note Income from: Donations 15.074 10.567 9.651 180.460 19S.534 10,567 9,651 582,707 7,716 1,023 Fundraising Investment income Total Income 35,292 180.460 215.751 591,446 Expendlture on: Charitable activities 119,767 26,552 146,319 35,362 Total resources expended 119,767 26,552 146,319 35,362 Net Incomlng/loutgoln8) resources before transfers 184,4761 153,908 69,432 556,084 GRO55 TRANSFERS BETWEEN FUNDS NEf MOVEMENT IN FUNDS 184,4761 153,908 69,432 556,084 TOTAL FUNDS BROUGHT FORWARD 616,023 9,841 625,864 69,780 TOTAL FUNDS CARRIED FORWARD 531,547 163,749 695,296 625,864 The statement of financial activities includes all 83ins and losses recognised in the year All income and expenditure derive from continuln8 actlvlties The notes on pages 8 to 12 form part of these financial statements.
FRIENDS OFTHE BORDERS GENERAL HOSPITAL STATEMEpif OF Fif4ANCIAL POSITION Charlty Registratlon No. SC0410881Seotlandl As at 31 Marth 2D25 2025 2024 Note CURRENT A55ET5 Debtors 405 304 Cash at bank and in hand 780,317 780.722 648.394 LIABILrriES Credltors.. omountsftjlling due wlthln one yeor 185.4251 122,5301 NEf CURRENT ASSETS 625 864 TOTAL ASSETS LESS CURRENT LIA8ILrriES 695,296 625,864 FUNDS OF THE CHARITY Unrestricted funds 531.547 616,023 Deslgnated funds 163,749 9,841 TOTAL CHARITY FUNDS 695.296 625,864 The. f Inanclal statements on pa8es 8 tc 15 were approved by the Trustees on . and were si8ned by: Chalr The notes on pages 8 to 12 form part of these financial 5latements.
FRIENDS OF THE BORDERS GENERAL HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l Accountlng Pollcles Charlty Infomiatlon Friends of the Borders General Flospital Is a charity established by constitution and it is registered as 8 charity with the Office fo ihe Scottish Charity Regulator, its registered number is SC041088. The registered office i Basls of preparatlon The financial statements have been prepared under the historlcal c05t convention unless otherwise specified within these accountlng polScles and in accordance with United Kin8dom Accounting Siandards, including Financial Reporting Standard 102, 'The Financlal Reportin8 Standard applicable in the United Kingdom and Republic of Ireland. I"FRS 102.1 Iunited Kingdom Generally Accepte.d Accounting Practice), the Statement of Recommended Practice ISORP) 'A¢counting and Reporting by Charities prep8ri118 the.ir account5 in accordance with the Financial Reporting Stondard applicable in the UK and Republic of Ireland IFRS 1021.. Ihe Charitie5 and Trustee Investment (Scotland) Act 2005 and the Charitie5 Ateounts IScotland} Re8ulations 2006 las amended>. The charlty meets the deftnltlon Df 3 publlc beneflt entlty under FRSIQ2. The preparatlon of financial statements requires the use of certain critical accounting e5timate.5. It also require5 trustees to exerclse their jud8ement in the Pfocess of applying the accounting policie5. Use of available information and applicatlon of judgement aTe inherent in the formation of estirnates. Actual outcomes in the future could differ from such estimates. The accounts are prepared in sterling. whlch is the functlonal currency of the charity. MonÈtèry amounts in these financial statements are rounded to the nearest £. Golng concern The finanrial statements are prepared on the 8olng concern basls. The Trustees have consldered a perlod of 12 months f rom the accovntlng perlod end date and are satislfled that the charity has sufflcient reserves to continue in operational existence for the foreseeable future. Charltable funds Unrestricted funds are income sourtps whlch are receivable for the objects of the charity without frjrther specifled purposes and are available 35 general funds. Designated funds are donations which have been received with an expressed wlsh. the charity aim5 to fulfil any wi5he5 and therefore keep5 the donations within a deslsnated fund. Incorne re¢o8nltion All Income Is recognised once the charlty has legal entitlement t¢ the Intome. It Is probable that the lThcome will be received and the amount of Income receivable can be measured reliably. Where donatlons or grants are received for 3 specific purpose, they afe induded within restTiCted income and any unexpended portlon is carrled forwaFd a5 3 restricted fund. Where a donation is 8iven with an expressed wish, the income is included within a desi8nated furid and any unexpended portion is carried forward as a desi8nated fund. Assets Of 8ifts in kind received by the charity are recognised as income when receivpd and are included at market value or at an e5tirnale of their value where market value Is not readily known. Expendlture recognltlon Liabilities are recognised as expenditure a5 soon as there is a legal or constructive obli6ation committing the charity to that expenditure, it 15 probable that 5ettlemenl will be requiwed and the arnounl of the obligation can be me3svred reliably. All expenditure is accounted for on an accruals basis and ha5 been Classified under headin85 appropriate to the charity's circumstances.
FRIENDS OF THE BORDERS GENERAL HOSPITAL NOTES TO THE FINANCIAL STATEMENTS ICONfDI FOR THE YEAR ENDED 31 MARCH 2025 l Accountlng Policles {Contlnued) Debtors Debtors are amounts due for donations which have not yet been received from fundraising platforms. Accrued income is amounts due for interest but not yet recelved. Accrued income is recognised at the undiscounted amount of cash receivable. Cash and cash equlvalents Cash and cash equivalents consist of cash on hand. Credltors Creditors are obllgations to pay for £oods or services that have been acquired. They are recognised at the undlscounted amount due to the supplier, which is normally the invoice price. Flnanclal Instruments Flftanclal instruments are recognised In the statements of financlal actlvities when the charity becomes a party to the contractual provision5 of the instrument. Flnancial instruments are initially measured at transaction price. Subsequent to initlal reco8nltion, they are accounted for as set out below. Financial Instruments are cla55ified as either 'basic' or 'otherf in accordance with Chapter 11 of FRSIO2. At the end of each reportlng period, basic financial instruments are measured at amortised cost usln8 the effective rate method. Financial assets are derecognlsed when the contractual rights to the cash flows f rom the assets expire, or when the Trust has transferred substantially all the risks and rewards of ownership. Financial liabilities are derecognised only once the liability has been extinguished through dischar8e, cancellation or expiry. Judgements and kÈy sources of estlmatlon uncertalnty In the appllcation of the charity'5 accountin8 policies, the trustees are required to make Judgements. estlmates and assumptions about the carrying amount of a55ets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptlons are reviewed on an ongoin8 basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revlsion affects only that period, or in the period of the revision and future periods where the revision affed5 both current and f uture period5.
FRIENDS OF THE BORDERS GENERAL NOSPtfAL NOTES TO THE FINANCIAL sfATEMENTS (CONT'D) FOR THE YEAR ENDED 31 MARCH 1025 2 Income 2025 2024 General Donations Kiltwalk donatlons Great Scottish Run donation5 Great North Run donations Total donatlons 189,399 628 579,432 1.549 476 168 5,339 195,534 1,250 582,707 (Designoted.. £180,460 2024., £8,950) Golf event Qulz night Total fundralslng (All unrestrictedj 9,375 1,192 10,567 6,420 1,296 7,716 2025 2024 3 Investment Income ank interest fAII unrestrlctedj 9,651 9,651 1.023 1.023 4 Charltable Actlvltles 2025 2024 Attend Audit fees Donation5 Friends of BGH mug5 General Expenses Golf event expenses Quiz night expenses Great North run costs Kiltwalk costs Postage Println8 & Statlonery Subscriptlons Website costs (Designated.. £26,552 2024.'£360) 725 690 14,280 15,446 297 140,416 31 1,970 180 2,029 21 1,907 342 1,768 359 25 30 32 216 702 146,319 216 35,362 5 Trustees None of the trustees IOT any persons connected with them) received any remuneration or travellin8 expenses during the year. 6 Taxatlon The charity is exempt from taxation on its activities because all of its income Is applied for charitable purposes. -1(
FRIENDS OF THE BORDER5 GENERAL HOSPITAL NOTES TO THE FINANCIAL STATEMENTS ICONT'D) FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 7 Debtors other debtor5 Prepayments Accrued income 297 75 243 32 405 61 303 8 Current Ilabllltles Creditors Other payables Accruals 995 8,250 84,431 85,425 14,280 22,530 Accruals include expenditure on charitable donations that the Friends have agreed to pay for but have not yet been invoiced for. 9 Charltable Funds At l Aprll Incomlng 2024 resources Resources expended 119,767 At 31 March 2025 Transfers General funds 616,023 35,292 531,547 Designated funds.. Margaret Kerr unit 9,351 150,000 11,1021 158,249 ITU 490 4,981 5,471 Ward 7 29 29 Ward IS 450 1450) 25,0001 26,5521 1146,3191 Chronic pain services 25,000 180,460 215,751 9,841 625,864 163,749 695,296 De518nated f unds are donations received with an expressed wlsh. -11-
FRIENDS OF THE BORDERS GENERAL HOSPITAL NOTES TO THE FINANCIAL STATEMEf+lTS ICONT'D) FOR THE YEAR ENDED 31 MARCH 2025 10 Analysls of net assets between funds General Deslgnated Total Debtors Cash at bank and in hand Creditors amounts falling due within one year Net assets at 31 Marth 2025 405 615,573 184,4301 531.547 405 780,317 85,425 695,296 164,744 995 163,749 11 Related party transactlons There were no related party transactlons in the year. -12-