FRIENDS OF ST MARY'S HOSPITAL

Registered charity 229151 · accounts filings on the Charity Commission register · also known as THE LEAGUE OF FRIENDS OF ST MARY'S HOSPITAL

The Friends aim is to support and supplement the services offered by Island-wide NHS services, through the funding of new equipment and facilities designed to enhance the wellbeing of NHS patients and staff across the Isle of Wight. We are funded by the running of our shop, by charity boxes around the Island and by many generous donations or by being kindly remembered in a Will.

Objects

THE OBJECT OF THE FRIENDS SHALL BE TO RELIEVE AND ASSIST PATIENTS OF THE HOSPITAL IN THE COMMUNITY, MEANING OF “THE COMMUNITY” SERVED BY THE FRIENDS IN CONJUNCTION WITH ST MARY’S HOSPITAL AND THE ISLE OF WIGHT NHS TRUST. (THE NHS TRUST) AND GENERALLY TO SUPPORT THE CHARITABLE WORK OF THE SAID HOSPITAL.

Area of benefit: NEWPORT AND DISTRICT

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · website · Get email alerts

Latest income
£51k
Latest spending
£38k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's free reserves were £151,755 at the end of the reporting period, which is well above the trustees' stated minimum policy target of £20,000. The trustees consider the finances to be sound and report that the charity remains robust and able to continue its activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a minimum of £20,000 (held: £152k)
“Having considered the nature of any likely costs, the Friends of St Mary's Trustees have agreed that the level of the reserves should be a minimum of £20,000.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Management charge from trading subsidiary
“A management charge of £3,796 was raised by the charity to the trading company and funds owned to the charity by the trading company were repaid to it.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Friends of St. Mary's Shop/Cafe Ltd
“During the year £39,670 (2023: £30,194) of donated profits were recieved from Friends of St. Mary's Shop/Cafe Ltd, the wholly owned trading subsidiary.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/12/2024£51k£38k
31/12/2023£65k£43k
31/12/2022£14k£69k
31/12/2021£14k£22k
31/12/2020£46k£16k

Common questions

Is FRIENDS OF ST MARY'S HOSPITAL financially healthy?

Per its FY2024 accounts: The accounts state that the charity's free reserves were £151,755 at the end of the reporting period, which is well above the trustees' stated minimum policy target of £20,000. The trustees consider the finances to be sound and report that the charity remains robust and able to continue its activities. Its FY2024 accounts were independently examined.