LEAGUE OF FRIENDS OF THE NUNEATON HOSPITALS
Supplementing the service provided by NHS local care providers for the health, welfare and comfort of all patients. Purchasing extra comforts, amenities and facilities, buildings and equipment which may be required for the treatment of such patients or for the efficient running of the Hospital which cannot be obtained from state funds. Running the outpatient tea bars.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,106,837, which the trustees confirm meets their policy of maintaining twelve months' expenditure. The charity reported a net income surplus of £55,683 for the year, driven by increased charitable activity income and investment returns, while relying on approximately 90 volunteers for operations.
What the accounts disclose
“Tea bar Income 286,523” — page 13
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to twelve month’s expenditure or more.” — page 5
“During the year the charity entered into the following transactions with related parties: The Chapel is situated on land leased from the George Eliot Hospital NHS Trust. The lease has a term of sixty years and it commenced on 21st June 1993. The annual rent is a peppercorn rent.” — page 16
Trustees
- Anne Patricia Whitmore
- Beryl Eluned Jones
- Catherine Cox
- ELAINE BREEZE
- Jane Catherine Dowsett
- Janette Bowns
- Joy Allyson Jones
- Lorraine Jane Smith
- MARY ELIZABETH MARTIN
- MICHAEL JOHN PARSONS
- Maxine French
- Richard Parker
- Wayne John Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £328k | £272k |
| 31/12/2023 | £217k | £169k |
| 31/12/2022 | £93k | £25k |
| 31/12/2021 | £317k | £17k |
| 31/12/2020 | £48k | £68k |
Common questions
Is LEAGUE OF FRIENDS OF THE NUNEATON HOSPITALS financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,106,837, which the trustees confirm meets their policy of maintaining twelve months' expenditure. The charity reported a net income surplus of £55,683 for the year, driven by increased charitable activity income and investment returns, while relying on approximately 90 volunteers for operations. Its FY2024 accounts were independently examined.