FRIENDS OF KINGS COLLEGE HOSPITAL
The main aim of the charity is to raise funds to provide amenities and comforts for the benefit of patients and staff at King's College Hospital NHS Foundation Trust. We provide furniture and curtains for the wards as well as help with the purchase of medical equipment and supporting outpatient waiting areas.
Financial health, per its FY2024 accounts
The accounts state that total funds decreased from £179,441 to £126,505 due to a net outgoing of £52,936 against incoming resources of £83,323. The charity maintains unrestricted funds of £113,721, which the trustees describe as a conservative level sufficient to cover management costs and respond to grant applications. The independent examiner confirmed that the financial statements accord with accounting records and comply with statutory requirements.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a conservative level which are the free reserves of the charity so as to provide sufficient funds to cover management, administration and support costs and to respond to applications for grants.” — page 5
“The administrator and secretary of the charity is an employee of Kings College Hospital NHS Foundation Trust. During the year “The Friends” was charged £77,268 (2023 - £28,460) for the provision of this staff member.” — page 15
Trustees
- Joanne Lloydchair
- Amanda Reynolds
- Craig Saddington
- Enid Kemp
- JOSEPHINE COTTAGE
- Judy Rodway
- Matthew Humberstone
- Regina Hearnden
- Sharon Elizabeth Castle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £83k | £136k |
| 31/12/2023 | £78k | £179k |
| 31/12/2022 | £52k | £84k |
| 31/12/2021 | £50k | £74k |
| 31/12/2020 | £96k | £21k |
Common questions
Is FRIENDS OF KINGS COLLEGE HOSPITAL financially healthy?
Per its FY2024 accounts: The accounts state that total funds decreased from £179,441 to £126,505 due to a net outgoing of £52,936 against incoming resources of £83,323. The charity maintains unrestricted funds of £113,721, which the trustees describe as a conservative level sufficient to cover management costs and respond to grant applications. The independent examiner confirmed that the financial statements accord with accounting records and comply with statutory requirements. Its FY2024 accounts were independently examined.