**Charity registration number 1019229** **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Dr D J R Harvey| |---|---| ||Dr M Ehlers| ||Dr A Sharman| ||Mr J R Wells| ||Dr M J R Simmonds| |**Charity number**|1019229| |**Principal address**|University Hospital| ||Queens Medical Centre| ||Nottingham| ||NG7 2UH| |**Independent examiner**|Higson & Co.| ||White House| ||Wollaton Street| ||Nottingham| ||NG1 5GF| |**Bankers**|National Westminster Bank PLC| ||University of Nottingham| ||University Park| ||Nottingham| ||NG7 2QH| ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 9| ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The Trustees present their annual report and financial statements for the year ended 31 December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the the Trust's charitable deed dated 1st May 1986, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016) ## **Reference and administrative details** The Trustees were appointed by the original deed which is dated 1st May 1986 and by deed of appointment dated 7th April 1994. Various memoranda of retirement and appointment have been prepared since these dates. The charity registration number in 1019229. Approval of charitable status was given by the Charity Commissioners on 25th March 1993. The Trustees who served during the year and further administrative details are set out on Page 1 of the financial statements. ## **Objectives and activities** The Trust continues to support the advancement of medical knowledge. The Trustees are senior employees of the National Health Service who provide their services on a voluntary basis. The services are provided within the hospital premises at Nottingham University Hospital. There is no cost for use of the premises. The Trust Fund has received donations from patients and relatives of patients of the Adult Intensive Care Unit. No major changes have occurred in the activities in the year under review and none are envisaged in the near future. ## _Public Benefit_ The Nottingham University Hospital Adult Intensive Care Trust Fund provides benefits to all persons requiring the Intensive Care Services of the Nottingham University Hospitals by providing a range of support, equipment and training services to Intensive Care personnel. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set. ## **Achievements and performance** All training activities have been severely affected by the continuing Covid 19 pandemic. This year there have been no intensive care training courses organised by the Trust Fund. Expenditure has been made for the provision of specialist training for members of the Nottingham University Hospital staff. The Nottingham University Hospital Intensive Care Unit simulation training suite is now operational. This is fully supported by the Trust Fund but no major costs have been incurred in the year. ## **Financial review** The financial development of the Trust Fund is disclosed in the annexed financial statements. ## _Reserves policy_ Medical equipment for Intensive Care purposes is extremely expensive and is continually being improved. The Trustees consider that reserves should be maintained to enable the Trust Fund to purchase essential items of medical equipment when needed and at their discretion. The Trust Fund has supported the new simulation training suite at the Queens Medical Centre. Funds will be made available when required to support the suite with both additional equipment and training costs. _Donations_ The Charity does not receive any grants or funding other than donations to aid development and continuation of its activities. Through the efforts of several well wishers, cash donations have continued to be received. ## _Review of major risks_ Due to the nature of the Charity there are no major risks. Any equipment purchased by the Trustees is used in the Nottingham University Hospital Intensive Care Unit and maintenance is provided by the National Health Service. - 1 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **Structure, governance and management** The organisation was constituted as a charitable trust by deed on 1st May 1986, for the purpose of carrying out research into Intensive Care Medicine and other associated charitable purposes. It particularly promotes education into Intensive Care Medicine by providing lectures and conferences and by assisting suitable persons to attend lectures and conferences held by other organisations. It also provides medical and other equipment for medical purposes. It further provides support for the relief of persons suffering from any form off illness. The trust Deed does not contain any specific mention nor provide for any restricted investment powers. The Trustees who served during the year and up to the date of signature of the financial statements were: Dr D J R Harvey Dr M Ehlers Dr A Sharman Mr J R Wells Dr M J R Simmonds The trustees' report was approved by the Board of Trustees. Dr D J R Harvey ## **Trustee** 26 October 2022 - 2 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** I report to the Trustees on my examination of the financial statements of Nottingham Adult Intensive Care Trust Fund (the the Trust) for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the Trustees of the the Trust you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the the Trust’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the the Trust as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## **Gillian Strickland FCA (Independent Examiner) for and on behalf of Higson & Co. Chartered Accountants** White House Wollaton Street Nottingham NG1 5GF Dated: 26 October 2022 - 3 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2021**
**2020**
**Notes**
**£**
**£**|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2021**
**2020**
**Notes**
**£**
**£**|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2021**
**2020**
**Notes**
**£**
**£**| |---|---|---| ||**funds**|**funds**| ||**2021**|**2020**| ||**£**|**£**| |**Income from:**||| |Donations and legacies
**2**|25,138|20,995| |Investments|2|17| |||| |||| |**Total income**|25,140|21,012| |**Expenditure on:**||| |||| |Charitable activities
**3**|8,218|2,607| |**Net income for the year/**||| |||| |**Net movement in funds**|16,922|18,405| |||| |Fund balances at 1 January 2021|147,435|129,030| |||| |||| |**Fund balances at 31 December 2021**|164,357|147,435| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2021**_ |**Notes**|**2021**||**2020**|| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |||||| |**Fixed assets**||||| |Tangible assets
**4**
**Current assets**|157,362
(672)|7,667
156,690
164,357
164,357
164,357|144,219
(1,194)|4,410| |||||| |Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**||||| |Net current assets||||143,025| |**Total assets less current liabilities**||||| |||||| |||||147,435| |||||| |||||| |**Income funds**||||| |Unrestricted funds||||147,435| |||||| |||||| |||||147,435| The financial statements were approved by the Trustees on 26 October 2022 Dr D J R Harvey **Trustee** - 5 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** ## **Charity information** Nottingham Adult Intensive Care Trust Fund is an unincorporated charity, established in England and Wales with charity number 1019229. The business address is University Hospital, Queens Medical Centre, Nottingham, NG7 2UH. ## **1.1 Incoming resources** Voluntary income of any description including cash donations, gifts and legacies are included in full in the income and expenditure account as soon as they are received. Where donations are received for specific equipment or with recommendations that they are spent on capital equipment, such donations are included in the income and expenditure account as soon as they are received. Related expenditure will be included as additions to fixed assets at the later time when the equipment is purchased. Certain donations are from time to time received with instructions to purchase medical equipment. Any such equipment is purchased as soon as possible after the donation is received. Other income including Research Fees, Contributions and Income from Lectures, Conferences etc. is included when due. Any costs incurred for these are included in the income and expenditure account for the year when such income is receivable. There are no financial funds set aside for specific or restricted uses, other than that set out in the reserve policy. ## **Investment Income** Bank interest is included in the income and expenditure account when received. ## **1.2 Resources expended** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. All other expenditure, including administrative expenses are included in the accounts as the expenditure is incurred. Where appropriate the payments include Value Added Tax. No account has been taken of the value of any voluntary help or support. ## **Capital expenditure** The Trustees have no authorised capital expenditure projects outstanding at the year end. - 6 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**1**|**Accounting policies**|**(Continued)**| |---|---|---| |**1.3**|**Tangible fixed assets**|| ||Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of|| ||depreciation and any impairment losses.|| Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets, over their expected useful life. It is calculated on the written down values of the assets at the following rates: |Fixtures and fittings|25% reducing balance| |---|---| |Computers|25% reducing balance| ## **1.4 Taxation** No provision is made for taxation in respect of any of the Charity's activities. ## **2 Donations and legacies** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**2021**|2020| ||**£**|£| |Donations and gifts|25,138|20,995| - 7 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **3 Charitable activities** |**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**
**2021**
**2021**
**2021**
**£**
**£**
**£**|**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**
**2021**
**2021**
**2021**
**£**
**£**
**£**|**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**
**2021**
**2021**
**2021**
**£**
**£**
**£**|**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**
**2021**
**2021**
**2021**
**£**
**£**
**£**|**Total**
**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**|**Total**
**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**|**Total**
**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**|**Total**
**Charity**
**activities**
**Administration**
**expenses**
**Depreciation**|**Total**| |---|---|---|---|---|---|---|---|---| |||||||||| ||**2021**|**2021**|**2021**|**2021**|**2020**|**2020**|**2020**|**2020**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |||||||||| |Depreciation and impairment|-|-|2,556|2,556|-|-|1,470|1,470| |Printing, postage and stationery|(1)|159|-|158|1|-|-|1| |Sundries, gratuities and donations|-|4,782|-|4,782|-|181|-|181| |Staff training, course fees etc|50|-|-|50|337|-|-|337| |Bank charges|-|-|-|-|-|6|-|6| |Accountancy|-|672|-|672|-|612|-|612| |||||||||| |||||||||| ||49|5,613|2,556|8,218|338|799|1,470|2,607| |||||||||| |||||||||| ||49|5,613|2,556|8,218|338|799|1,470|2,607| - 8 - ## **NOTTINGHAM ADULT INTENSIVE CARE TRUST FUND** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**4**
**Tangible fixed assets**|**4**
**Tangible fixed assets**|**4**
**Tangible fixed assets**|| |---|---|---|---| |**Fixtures and**
**fittings**
**Computers**
**£**
**£**
**Cost**
At 1 January 2021
16,680
39,251
Additions
5,813
-
At 31 December 2021
22,493
39,251
**Depreciation and impairment**
At 1 January 2021
16,631
34,890
Depreciation charged in the year
1,466
1,090
At 31 December 2021
18,097
35,980
**Carrying amount**
At 31 December 2021
4,396
3,271
At 31 December 2020
49
4,361|||**Total**| ||||| ||**£**|**£**|**£**| ||||| ||16,680|39,251|55,931| ||5,813|-|5,813| ||||| ||||| ||22,493|39,251|61,744| ||||| ||||| ||16,631|34,890|51,521| ||1,466|1,090|2,556| ||||| ||||| ||18,097|35,980|54,077| ||||| ||||| ||||| ||4,396|3,271|7,667| ||||| ||||| ||49|4,361|4,410| - 9 -