LEAGUE OF FRIENDS OF SOUTH TYNESIDE HOSPITALS
The League's activities are personal service and fund raising. The League is responsible for the Hospital shop which opens each weekday from 10 am until 8pm and restricted hours at the weekend and public holidays. The profits from sales along with other moneys raised are used to purchase items for the benefit of the hospital and patients.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £13,268 for the year ended 31 December 2024, a significant reversal from the £24,079 surplus in the prior year. Per the balance sheet, net assets decreased from £75,258 to £62,114, driven by administrative expenses of £52,194 which exceeded the gross surplus of £38,926. The filing notes that the company was entitled to exemption from statutory audit under the small companies regime.
What the accounts disclose
Trustees
- Margaret Wardalechair
- Adrienne Dibble
- DOROTHY ROGERS
- Edward Fenwick
- Elizabeth Wells
- JOSIE WIGHAM
- MARGARET WHITTINGTON
- Margaret Shields
- SUSAN GAIL GODDARD
- Sylvia Gibson
- Terence Prole
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £50k |
| 31/12/2023 | £14k | £9k |
| 31/12/2022 | £67k | £54k |
| 31/12/2021 | £16k | £13k |
| 31/12/2020 | £20k | £1k |
Common questions
Is LEAGUE OF FRIENDS OF SOUTH TYNESIDE HOSPITALS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £13,268 for the year ended 31 December 2024, a significant reversal from the £24,079 surplus in the prior year. Per the balance sheet, net assets decreased from £75,258 to £62,114, driven by administrative expenses of £52,194 which exceeded the gross surplus of £38,926. The filing notes that the company was entitled to exemption from statutory audit under the small companies regime. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/06/2005 | £780 | Lap-top |