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The Friends of Guys Hospital Annual Report 2001
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O Shaheen MS, FRCS |
January 2002 |
Chairman
Guys Hospital,
St. Thomas Street,
London SE1 9RT
Accounts
The following pages are taken from the accounts audited by W H Payne and Company of Southwark Bridge Road, London, SE1 OHA, a copy of which is available for inspection upon request to the secretary.
Income and Expenditure Account for the Year ended 30th September 2001
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2001 |
2000 |
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Subscriptions and donations |
50,291 |
38,210 |
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Legacies |
40,000 |
13,916 |
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Income from investments |
8,500 |
8,500 |
|
Income tax recovered on Deeds of Covenant |
1,358 |
2,200 |
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Non charitable trading activities net income |
(3,957) |
4,038 |
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Fete/raffle |
4,002 |
3,498 |
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Hire of Galleria income |
16,925 |
16,410 |
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Trolley Service Sales |
- |
32 |
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Sale of cook books |
1,542 |
- |
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Interest on deposit accounts |
19,099 |
21,054 |
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Christmas and other stalls |
2,348 |
2,068 |
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£140,108 |
£109,926 |
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Grants and other expenditure |
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|
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Research grants |
9,272 |
8,855 |
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Medical Committee |
41,990 |
94,422 |
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Amenities |
5,259 |
23,538 |
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Christmas grant |
1,604 |
1,368 |
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Intensive Care donation |
5,912 |
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Fete raffle prizes |
345 |
100 |
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(grants committed unpaid 30 September 2001 were £106,174) |
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£64,382 |
£128,283 |
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Administrative Expenses |
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Salaries |
28,654 |
29,642 |
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Printing and stationery |
738 |
974 |
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Postage |
65 |
124 |
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Accountancy |
4,518 |
4,318 |
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Telephone |
463 |
403 |
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Bank charges/interest |
524 |
2,467 |
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Sundry expenses |
2,202 |
2,654 |
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Service Branch expenditure |
90 |
115 |
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Volunteer expenses-administration |
- |
6 |
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- services branch |
496 |
460 |
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- trolley service |
- |
18 |
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Depreciation |
1,304 |
1,725 |
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Public relations |
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14,559 |
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Other expenses |
277 |
588 |
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£39,331 |
£58,053 |
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£36,395 |
(£76,410) |
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Unrealised gains/(losses) on investment assets |
4,509 |
3,255 |
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Retained surplus for year |
£40,904 |
(£73,155) |
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Unrestricted funds at beginning of year |
£558,385 |
£631,540 |
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Unrestricted funds at end of year |
£599,289 |
£558,385 |
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Continuing activities
All income and expenditure is derived from continuing activities
Total recognised gains and losses
The Charity has no recognised surpluses other than as detailed above.
Balance Sheets as at 30th September 2001
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Group |
Charity |
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Fixed Assets |
2001 |
2000 |
2001 |
2000 |
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Tangible Assets |
1,446 |
2,682 |
1,215 |
2,219 |
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Investment |
- |
- |
2 |
2 |
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1,446 |
2,682 |
1,217 |
2,221 |
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Current Assets |
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Stock |
9,500 |
10,340 |
- |
- |
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Investments |
160,106 |
155,597 |
160,106 |
155,597 |
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Debtors |
2,242 |
1,678 |
10,738 |
9,934 |
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Cash on deposit |
450,197 |
389,667 |
450,197 |
389,667 |
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Cash at bank and in hand |
10,216 |
14,556 |
499 |
540 |
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632,261 |
571,838 |
621,540 |
555,738 |
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Creditors: amounts falling due within one year |
(34,418) |
(16,135) |
(26,596) |
(6,659) |
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Net current assets |
597,843 |
555,703 |
594,944 |
549,079 |
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Net assets |
£599,289 |
£558,385 |
£596,161 |
£551,300 |
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======= |
======= |
======= |
======= |
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Reserves |
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Represented by:- Unrestricted funds |
596,161 |
551,300 |
596,161 |
551,300 |
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Non-charitable trading funds |
3,128 |
7,085 |
- |
- |
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|
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£599,289 |
£558,385 |
£596,161 |
£551,300 |
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======= |
======= |
======= |
======= |
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Approved by the committee on 18th January 2002
Non charitable trading activities - net income
The Charity has a wholly owned subsidiary, The Friends of Guys Trading Company Limited, which is incorporated in the UK. The company runs a shop in the grounds of Guys Hospital selling flowers and gifts. A summary of the companys trading results is shown below.
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Profit and loss account |
2001 |
2000 |
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Turnover |
45,857 |
35,325 |
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Cost of sales |
(27,469) |
(19,548) |
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Gross profit |
18,388 |
15,777 |
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Grants received |
- |
5,000 |
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Administrative expenses |
(13,149) |
(16,008) |
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Donation to The Friends of Guys Hospital |
(10,000) |
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Profit on ordinary activities before taxation |
(4,761) |
4,769 |
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Corporation tax |
804 |
(731) |
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Retained in subsidiary |
(3,957) |
4,038 |
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Retained profit at the beginning of the year |
7,085 |
3,047 |
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Retained profit at the end of the year |
£3,128 |
£7,085 |
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======= |
======= |
Continuing operations
None of the companys activities were acquired or discontinued during the above two financial years.
Total recognised gains and losses
The company has no recognised gains or losses other than the profit or loss for the above two financial years.
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Grants and other expenditure |
2001 |
2000 |
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|
|
|
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Research grants |
9,272 |
8,855 |
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Medical Committee |
41,990 |
94,422 |
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Amenities |
5,259 |
23,538 |
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Christmas grant |
1,604 |
1,368 |
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Intensive Care donation |
5,912 |
- |
|
Fete raffle prizes |
345 |
100 |
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(grants committed unpaid 30 September 2001 were £106,174) |
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|
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£64,382 |
£128,283 |
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Individual research, medical committee and amenities grants for the year ended 30 September 2000 are as follows:-
Research Grants - are made up as follows:- |
2001 |
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Neurophysiology Computer equipment |
2,370 |
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Clinical Neurosciences Variable height couch |
695 |
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Gasroenterology Department Video recorder |
2,500 |
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Department of Anaesthetics Analysis of Fentanyl samples |
1,875 |
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Respiratory medicine and allergy Study of cell lines |
1,689 |
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Nutrition and Dietetics Department Posters and leaflets |
143 |
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9,272 |
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======= |
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Medical Grants - are made up as follows:- |
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Anaesthetics Department Epidural pump. |
1,100 |
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Department of Surgery Conductivity equipment |
2,600 |
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Paediatric Orthopaedic Department Standing frame |
1,525 |
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ENT Nasal meter |
131 |
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Ophthalmology Department Autokeratore fractor |
11,995 |
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Oral and Maxillofacial Department Endoscopes etc. |
24,639 |
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41,990 |
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======= |
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Amenities Grants - are made up as follows |
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Guys Chapel Flowers |
600 |
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Conservation Dental Booklet |
1,165 |
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Guys Nursery Garden equipment |
725 |
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Nurses League Journal |
2,313 |
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Nuclear Medicine Baby changing facility |
256 |
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Radiotherapy Plants |
200 |
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5,259 |
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======= |
Reconciliation of movement in funds
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Group |
Charity |
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2001 |
2000 |
2001 |
2000 |
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Net movement in funds for year |
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Charity |
44,861 |
(77,193) |
44,861 |
(77,193) |
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Non charitable trading activities |
(3,957) |
4,038 |
- |
- |
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|
|
|
|
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Surplus/(Deficit) of Income over Expenditure |
40,904 |
(73,155) |
44,861 |
(77,193) |
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Funds at beginning of year |
558,385 |
631,540 |
551,300 |
628,493 |
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Funds at end of year |
£599,289 |
£558,385 |
£596,161 |
£551,300 |
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Comprising |
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Charity |
596,161 |
551,300 |
596,161 |
551,300 |
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Non charitable trading activities |
3,128 |
7,085 |
- |
- |
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£599,289 |
£558,385 |
£596,161 |
£551,300 |
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Guarantees and other financial commitments
Grant Commitments
At 30th September 2001, grants totalling £106,174 (2000 - £87,695) had been approved by the Executive Committee but had not been paid out.
Return to the top of the document
Anyone can join. You do not have to be an ex-patient, although many of our members are.
The minimum subscription is £5 a year, but extra donations are greatly appreciated and will enable the Charity to continue its good work in supporting the hospital, its patients and staff in so many ways that are not available though the NHS. Cheques and postal orders should be made payable to The Friends of Guys Hospital and sent to
The Secretary,
The Friends of Guys Hospital,
Level 2, Thomas Guy House,
Guys Hospital,
London,
SE1 9RT.
Information regarding Gift Aid for a minimum period of four years and of Legacies can be obtained from the Secretary as above (Telephone : 020 7407 1058).
Return to the top of the document
Executive committee who served during the year were
Lord Harris of Peckham (President)
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(Vice Presidents) |
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Mrs B.H.Cooper MBE
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Lady Harris |
Hon Mrs J. McBeath |
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Lady Robens |
Mrs K. Glenndinning |
Mr W. White |
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O.H. Shaheen MS FRCS (Chairman) |
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Mrs D Hay (Vice Chairman)
J R Simpson (Treasurer)
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Mrs P Blake-Roberts (Resigned Jan 2001) |
Dr A Campbell |
R Cotton (Resigned May 2001)
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Mrs K Glazebrook (Resigned July 2001) |
P Glazebrook (Resigned July 2001)
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P Hiscock |
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Dr G Mack |
Mrs M Roberts |
A. J. Roles |
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Professor A Rowe |
C Saunders |
Dr.G.W.Scott MD FRCP |
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M Watson |
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Mrs A Franklin co-opted member
Professor R Hay and Her Honour Judge S Coates were appointed to the Executive committee in October 2001
Published by
The Friends of Guys Hospital
Level 2, Thomas Guy House
Guys Hospital
St. Thomas Street
London
SE1 9RT
Charity Registration Number : 264150