Finance Score: -3

Governance Score: 2

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +2
Spending falling: -1
but now stabilising: +1
Fundraising costs high: -3

12+ Trustees: -1
Gender balanced board: +3

Grant maker support: +0

Overall GiG Score: -1

LEAGUE OF FRIENDS MUSGROVE PARK HOSPITAL

To raise funds and invite and receive contributions by way of subscriptions, donations or otherwise to supplement as the League thinks fit the resources of the hospital service in consultation with Somerset NHS Foundation Trust; to support the hospital by means of voluntary service; to provide facilities for patients and relatives.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
This charity has a robust balance sheet
This charity has received more than half of its income from legacies in recent years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

There are 15 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,359,504 available, equivalent to 74 months of spending and so may not be able to utilise additional funding
Spending has fallen significantly over the last 5 years relative to the previous period but has stabilised more recently
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/01/23		£1,562	£544	£1,018	£324	£3,412	£3,360	74.1	5	50
31/01/22		£764	£457	£306	£266	£2,394	£2,342	61.5	5	30
31/01/21		£913	£695	£218	£246	£2,087	£2,049	35.4	5	15
31/01/20		£699	£536	£163	£363	£1,870	£1,855	41.5	5	50
31/01/19	*	£445	£893	£-447	n/a	n/a	n/a	n/a	n/a	75
31/01/18		£552	£1,221	£-669	£245	£2,154	£2,140	21	3	0
31/01/17		£369	£369	£0	£0	£0	£0	n/a	0	0
31/01/16		£492	£482	£11	£0	£0	£0	n/a	0	0
31/01/15		£2,569	£1,006	£1,563	£235	£2,812	£2,778	33.1	3	0
31/01/14		£612	£691	£-80	£296	£1,364	£1,320	22.9	3	0
31/01/13		£1,425	£814	£611	£300	£1,444	£1,407	20.7	2	0
31/01/12		£508	£331	£177	£313	£997	£898	32.5	2	0
31/01/11		£418	£453	£-35	£0	£0	£0	n/a	0	0
31/01/10		£506	£465	£42	£298	£854	£816	21.1	3	0
31/01/09		£786	£547	£239	£281	£812	£777	17	3	0
31/01/08		£399	£615	£-216	£0	£0	£0	n/a	0	0
31/01/07		£464	£439	£25	£0	£0	£0	n/a	0	0
31/01/06		£538	£402	£135	£0	£0	£0	n/a	0	0
31/01/05		£432	£470	£-37	£0	£0	£0	n/a	0	0
31/01/04		£92	£529	£-436	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 27.1%
Fundraising Costs/Total Spending: 59.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 74.1 months
Net Current Assets/Spending: 69 months
Quick Ratio: 70.6

Asset Split ?

Established: 57 years

www.leagueoffriendsmusgrovepark.co.uk

info@leagueoffriendsmusgrovepark.co.uk

01823672325

Charity Commission for England and Wales

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

General hospitals

How it operates

Makes Grants to Organisations
Provides services

Where it operates

Somerset,

Who it helps

The General Public/Mankind

Who works here?

5 employees
50 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Co-Operative Group - Grant to LEAGUE OF FRIENDS MUSGROVE PARK HOSPITAL
£5,821	19/11/2018	We want to buy 100 new electric beds to enhance the quality of life for patients.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)

Current Trustees appointed

Gender Split

Based on 13/15 persons

Age Range of Trustees:

JANNETTE ROBERTS BROWN Appointed: 2021

VITTORIO CINQUE Appointed: 2015

ANDREW NIXSON Appointed: 2021

ELIZABETH KINGSTON

JOSEPHINE PARSONS Appointed: 2021, Occupation: Director

JULIA STEER

JASMINE LUCAS Appointed: 2021

PHILIP SHELLEY Appointed: 2022

ANNE BARTABY Appointed: 2019, Occupation: Director

COLIN HAWKINS Appointed: 2019, Occupation: Director

HILARY SARAH CORCORAN, Other trusteeships: HOCKWORTHY VILLAGE HALL, TAUNTON WOMENS AID,

MICHAEL FRY, Occupation: Retired Bank Manager

NIGEL KENNETH HANDBURY Appointed: 2015, Other trusteeship: TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY,

PETER RENSHAW (Chair), Other trusteeship: Valencia Communities Fund,

SUSAN EWAN Appointed: 2012, Occupation: Retired

Legal constitution

Charity registered in England & Wales on 14/02/1967, number: 250797
Registered at Companies House on 16/11/1990, number: 02559526

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR19: 20 days late,

Main office

c/o CHURCH BARNS
HOCKWORTHY
WELLINGTON
TA21 0NW

Objectives

TO MOBILISE, ENCOURAGE, FOSTER AND MAINTAIN THE INTEREST OF THE PUBLIC IN THE PATIENTS AND THE SUPPORT OF THE WORK OF THE HOSPITALS BY MEANS OF VOLUNTARY SERVICE. (FOR FURTHER DETAILS SEE CONSTITUTION).

Defined Area of Benefit:

TAUNTON

Data Sources