FRIENDS OF WESTMINSTER MEMORIAL HOSPITAL
Working with Dorset Healthcare and other relevant organisations, to ensure the long-term existence of the Westminster Memorial Hospital.Supporting staff in delivering excellent standards of treatment and care by raising funds for medical equipment, vehicles, refurbishment and infrastructure projects that are beyond the affordability and scope of the NHS.
Financial health, per its FY2024 accounts
The accounts state that free reserves increased to £138,603, which the trustees consider sufficient for the next 12 months, though total unrestricted reserves are significantly lower than the stated policy target. The charity notes that long-term strategy projects are currently restricted until reserves are replenished from property letting income or new legacies.
What the accounts disclose
“to maintain, an RPI-linked base reserve, starting from April 2025, of £200,000” — page 7
“The CIO is well placed to ensure continued support of core funding for Matron’s needs for the Hospital however, until the reserves are replenished, no further long-term strategy projects can be undertaken without further legacies or borrowing.” — page 7
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (02/11/2021)
Trustees
- Anthony Philip Proctor
- Julian Caulfeild Mostyn Prichard
- Justine Andrea Elmendorff
- Nigel Melville Douglas House
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £401k |
| 31/12/2023 | £871k | £45k |
| 31/12/2022 | £394k | £45k |
| 31/12/2021 | £430k | £305k |
| 31/12/2020 | £173k | £195k |
Common questions
Is FRIENDS OF WESTMINSTER MEMORIAL HOSPITAL financially healthy?
Per its FY2024 accounts: The accounts state that free reserves increased to £138,603, which the trustees consider sufficient for the next 12 months, though total unrestricted reserves are significantly lower than the stated policy target. The charity notes that long-term strategy projects are currently restricted until reserves are replenished from property letting income or new legacies. Its FY2024 accounts were independently examined.