FRIENDS OF QUEEN MARY'S SIDCUP LIMITED
Fund raising for the benefit of Queen Mary's Hospital Sidcup through the management of a Cafe and Kioskon the hospital site. These provide a comprehensive service to patients, relatives and staff. The service is provided through approximately 40 volunteers working on a managed rota basis.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves amounted to £555,893 as of 31 December 2024, which the trustees consider sufficient to cover liabilities and grant commitments. The charity reported a net income of £73,833 for the year, derived primarily from donations and investment income, with total expenditure on charitable activities of £5,752.
What the accounts disclose
“The charity maintains sufficient unrestricted reserves to cover its liabilities and grant commitments.” — page 5
“The charity, through ‘its trading subsidiary, Friends Shops Limited, operates two outlets on the hospital site: a café and a kiosk.” — page 5
Trustees
- PHILIP BENSON WOODMANchair
- DAVID CHARLES DENNIS
- Erbay Rushden
- MR CHRIS ELMS
- Paul Edward Davidson
- SANDRA GROOMBRIDGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £80k | £6k |
| 31/12/2023 | £50k | £18k |
| 31/12/2022 | £30k | £7k |
| 31/12/2021 | £164 | £8k |
| 31/12/2020 | £12k | £13k |
Common questions
Is FRIENDS OF QUEEN MARY'S SIDCUP LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves amounted to £555,893 as of 31 December 2024, which the trustees consider sufficient to cover liabilities and grant commitments. The charity reported a net income of £73,833 for the year, derived primarily from donations and investment income, with total expenditure on charitable activities of £5,752. Its FY2024 accounts were independently examined.