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2021-03-31-accounts

ils ~Pa e No
Foreword .
Statement ofTrustee Responsibilities .
Trustee Report .
Trustee Report Appendices 15
Appendix
A - Schedule of
Charitable Funds
Appendix B - Donated Income Policy
Appendix
C - Investment
Guidelines
Appendix
D - Invested Pool Guidelines
for Restricted Funds
Appendix E - Reserves policy
Appendix F - General Purpose Guidelines
Financial Statements
2020/21
25
Statement ofFinancial Activities . 26
Balance Sheet . 27
Cash flow Report . 28
Notes to the Accounts 29
Auditor's
Opinion .
43

2020-21 2020-21 2020-21 2020-21 2019-20 2019-20 2019-20 2019-20
Note Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
f000 8000 1000 fooo f000 5000 4000 f000
Income snd
Endowments
from:
Donations
dt Legacies
2.1 0 1,446 0 1,446 0 2,440 0 2,440
Other Trading activities 2.2 0 0 0 0 0 4 0 4
Investments 23 0 247 0 247 0 290 0 290
Total Income dr Endowments 0 1,693 0 1,693 0 2,734 0 2,734
Expenditure
on:
Raising funds 3 0 357 0 357 0 403 0 403
Charitable
activities
4 0 1,134 0 1,134 0 3,187 0 3,187
Governance 5 0 52 0 52 0 46 0 46
Total Expenditure 0 1,543 0 1,543 0 3,636 0 3,636
Net Gains / (Losses) on
Investments
8 0 1,714 (I) 1,713 0 (1,150) (I) (1,151)
Net Income
/ (Expenditure)
1,864 (I) 1,863 0 (2,052) (I) (2,053)
Transfers between
funds
0 0 0 0 0 0 0
Net movement
in funds
6 0 1,864 (I) 1,863 0 (2,052) (I) (2,053)
Reconciliation
offunds:
Fund balances carried forward at
MARCH 2020
31 6,385 80 6,465 0 8,437 81 8,518
Fund balances carried forward
MARCH 2021
at 31 8,249 79 8328 0 6885 80 6,465
The notes at pages 29 to 42 form part ofthese financial statements.

Unrestricted Restricted Endowment Total at Urlrcstrlcted Restncted Endowment Total at
Notes Funds Funds Funds 31March Funds Funds Funds 31March
31.03.21 31.03.21 31.03.21 2021 31.0320 31.03.20 310320 2020
fOOD f000 f000 f000 fsss 8000 8000 foas
Fixed assets:
Investments 8 0 8,911 79 8,990 0 7,705 80 7,785
Total Fixed Assets 0 8,911 79 8,990 0 7,705 80 7,785
Current assets:
Stocks 0 6
Debtors 10 153 153 178 0 178
Cash at bank and in hand 1,396 1,396 1,539 0 1,539
Total Current Assets 0 1,554 0 1,554 0 1,723 0 1,723
Creditors: Amounts
falling due
within one year
11.1 0 1,335 0 I/35 0 2,237 0 2,237
Net Current Assets / (Liabilities) 0 219 0 219 0 (514) 0 (514)
Total Assets less Current Liabilities 0 9,130 79 9,209 0 7,191 80 7,271
Creditors: Amounts
than one year
falling due after more I1.2 0 881 0 881 0 806 0 806
Total Net Assets 0 8,249 79 8,328 0 6,385 80 6,465
Funds ofthe Charity
Capital Funds:
Endowment funds 121 0 79 79 0 0 80 80
Income Funds;
Restncted income funds 125 0 8,249 0 8,249 0 6,385 0 6,385
Unrestricted funds 0 0 0
Total charity funds 0 8,249 79 8,328 0 6,385 80 6,465

Total Total
2020/21 2019/20
5000 OOOO
Cash flows from Operating
Activities:
Net Cash provided
by (used in) operating
activities ~898 ~238
Cash flows from investing
activities:
Returns
on Investments
247 290
Proceeds from sale ofinvestments 3,737 4,568
Purchase ofInvestments (3,229) (4,317)
Net cash provided
by (used in) investing
activities 755 541
Change in cash and cash equivalents (143) 303
Cash and Cash equivalents
at the start of
the year 1,539 1,236
Cash and Cash equivalents
at the end ofthe year
1,396 1,539
ReconciTiation ofnet income
/ (expenditure)
to net cash flow from Operating activities
Net income
/ (expenditure)
as per the SOFA
1,863 (2,053)
Dividends and Interest from Investments (247) (290)
(Increase) / decrease in Stocks
(Increase) / decrease in Debtors 25 (51)
Increase/ (decrease) in Creditors (827) 1,005
(Increase) / decrease in Investment
Gains / Losses
(1,713) 1,151
Net cash (outflow)
/ inflow from operating
activities (898) (238)

S Musson Chair
M Eastwood Non Executive Director
D Fillingham Non Executive Director (to 30th July 2020)
I Ismail Non Executive Director (from 1st September 2021)
TJohnston Non Executive Director
Prof L Kenny Non Executive Director (to 30th June 2021)
A Phillips Non Executive Director (to 30th September 2020)
S Samuels Non Executive Director (from 1st September 2020)
Ede Souse Non Executive Director (from 1st September 2020)
ProfTWalley Non Executive Director (froml st July 2021)
M Weame Non Executive Director (to 31st August 2021)
N Willcox Non Executive Director
S Warbuton Chief Executive Ofticer (to 5th September 2021)
D Dalton Interim Chief Executive Officer (from 6th September 2021)
D Brown Chief Nurse (to 3rd October 2021)
E Ingtesby-Burke Interim Chief Nurse (from 4th October 2021)
TCope Medical Director (to 17th October 2021)
J Brennan Interim Medical Director (fiom 18th October 2021)
R Forster Deputy Chief Executive Oflicer &Chief Finance Offiver
D Herring Chief People OAicer
BWeston Chief Operating
Officer
Donations dt
Legacies 2.1
Unrestricted
2020-21
Funds
Restricted
2020-21
Funds
Endowment
2020-21
Funds
Total
2020-21
Funds
Total
2019-20 Funds
f000 f000 f000 f000 fooc
Donations 1,313 1,313 1,897
Legacies 133 133 543
Total 0 1,446 0 1,446 2,440
Trading
Activities 2.2
Unrestricted
2020-21
Restricted
2020-21
Endowment
2020-21
Total
2020-21
Total
2019-20 Funds
Funds Funds Funds Funds
5000 fsgs f000 1000 f000
Fundiaising
Total 0 0 0 0 4
Investment
Income 2.3
Unrestricted
2020-21
Restricted
2020-21
Endowment
2020-21
Total
2020-21
Total
2019-20Funds
Funds Funds Funds Funds
f000 8000 8000 8000 8000
Dividends and investment Interest 247 247 281
Bank Interest
Total 0 247 0 247 290
Expenditure on
Raising funds
Unrestricted
2020-21
Funds
Restricted
2020-21
Funds
Endowment
2020-21
Funds
Total
2020-21
Funds
Total
2019-20Funds
f000 5000 fees f000 f000
Fundraising Costs 305 305 348
Investment Management 52 52 55
Total 0 357 0 357 403
Expenditure on
Charitable
Activities 4
Unrestricted Restricted Endowment Total
2020-21 2020-21 2020-21 2020-21 Total
2019-20 Funds
Funds Funds Funds Funds
f000 f000 5000 8000 f000
Patients Welfare gi amenities 77 77 447
Staff Welfare &amenities 733 733 390
Research di Education 249 249 733
Contrihuiions to NHS Capital 75 75 1,617
Total 0 1,134 0 1,134 3,187
Other
Unrestricted
2020-21
Funds
Restricted
2020-21
Funds
Endowment
2020-21
Funds
Total
2020-21
Funds
Total
2019-20 Funds
5000 5000 5000 8000 1000
Governance 52 52 46
Total 52
Allocation and
Apportion
Governance
to Basisof
Allocation
Allocated to
Governance
Residual for
Apportion
Total
2020-21
Funds
Total
2019-20 Funds
Costs
f000 5000 5000 fOOO
Salanes Time Spent 28 63 91 99
Establishment Costs Governance
Audit Fee Governance 10
Misceganeous Governance 12 13
Total 52 64 116 116
Apportion of Support Total costs Total costs
Support Costs s.l 5000 Costs
f000
2020-21
5000
2019-20
f000
Expendiuuu
on raising Funds:
Fundraising 291 14 305 348
Investment
Management
39 13 52 55
Sub - Total 330 27 357
Expenditure
on Charitable
Activities:
Patients Welfare & amenities 74 77 447
Staff Welfare &,amenities 709 24 733 390
Research 241 249 733
Contnbutions to NHS Capital 73 75 1,617
Sub - Total 1,097 37 1,134 3,187
Governance 52 52 46
Total Expenditure 1,427 116 1,543 3,636
Charity Grants to Grants to Support
Activities by Institutions individuals Costs 2020- Total Total
Type 5.3 2020-21 2020-21 21 2020-21 2019-20
f000 f000 8000 8000 f000
Patients Welfare k amenities 74 77 447
Staff Welfare k amenities 450 259 24 733 390
Research 241 249 733
Contributions to NHS Capital 73 75 1,617
Total 838 259 37 1,134 3,187
Grants
awarded to Total Total
insitutions 5.4 2020-21 2019-20
8000 f000
Liverpool Univemity Hospital NHS FT/
Royal Liverpool k Broadgreen University 794 2,941
Hospitals NHS Trust
University of Liverpool 44 185
838 3,126
Changes in
Resources Restricted Endowment Total Total
Available for Unrestricted 2020-21 2020-21 2020-21 2019-20
Charity Use 6 2020-21 Funds Funds Funds Funds Funds
8000 8000 8000 f000 f000
Net movement in funds for the year 1,864 1,863 (2,053)
Net movement in tangible frxixt assets
Net movement in funds available
0 1,864 (1) 1,863 (2,053)
2020-21 2019-20
8.1 Fixed Asset Investments: 8000 5000
Market value at 31 March 2020 7,785 9,187
Less: Disposals at carrying value (3,737) (4,568)
Add: Acquisitions
at cost
3,Z29 4,317
Net gain on revaluation 1,713 (1,151)
Market value at 31 March 2021 8,990 7,785
Historic cost at 31March 2021 7,898 8,407
Held in Held outside 2020-21 2019-20
8.2 Market value at 31 March: UK UK Total Total
f.000 f000 8000 5000
Investments
listed on the Stock Exchange
8,878 8,878 7,505
Cash held as part ofthe investment 112 112 280
portfolio
8,990 8,990 7,785
Total as at Total as at 31
Analysis of 10 31 MARCH MARCH
Debtors 2021 2020
10.1 Amounts falling due within one year: 8000 f000
Prepayments
Accrued income 151 178
Total debtors falling due within one year 153 178
10.2 Amounts falling due over one year:
Total debtors falling due after more than one year
Total debtors 153 178
Total as at Total as at 31
Analysis of 31MARCH MARCH
Creditors 2021 2020
11.1 Amounts falling due within one year: 8000 f000
Other creditors 152 302
Accruals 1,183 1,935
Deferred income
Total creditors falling due within one year 1,335 2,237
11.2 Amounts falling due atter more than one year:
Accruals 881 806
Total creditors falling after more than one year 881
Total creditors 2,216 3,043
Analysis of 12
Funds
12,1 Endowment Funds 31.03.21 Balance 31
March 2020
Incoming
Resources
Resources
Expended
Transfers Gains and
Losses
Balance 31
March 2021
(list individually) f000 f000 f000 1000 f000 fggg
A M A Device 20 19
S IVCooke 16 13
Dr1Bernstein
Mr N Gibbon 41 42
Others (I)
Total 0 0 0 (I) 79
Details of IE2 Name offund Description of the nature and purpose of each fund
material A MA Device Bed endowment fund for Patients Welfare
funds- SI V Cooke Holiday
fund for Nurses
Endowment Dr J Bernstein RLUH Convalescence
and recreation
fund
Funds 31.03.21 D Mr N Gibbon Annual
Urology
Scholatship
12.3 Endowment Funds 31.03.20 Balance 31
March 2019
Incoming
Resources
Resources
Expended
Gains snd
Losses
Balance 31
March 2020
gist individually) 2000 f000 f000 f000 f000 f000
A M A Device 20 20
B S IV Cooke 16 16
C DrJBernstein
D Mr N Gibbon 42 41
Others (I)
Total 81 0 0 0 (I) 00
Details of 12.4 Name offund Description of the nature and purpose of each fund
material M A Device Bed endowment fund for Patients Welfare
funds- S IV Cooke Holiday
fund for Nurses
Endowment Dr J Bernstein RLUH Convalescence
and
recreation
fund
Funds 31.03.20 D Mr N Gibbon Annual
Urology
Scholarship
Analysis of
Funds
12 cont'd
12.5 Restricted Funds 31.03.21 Balance 31
March 2020
Incoming
Resources
Resources
Expended
Transfers Gains and
Losses
Balance 31
March 2021
6000 5000 5000 (000 5000 5000
Maierialfunds
(hst mdividuagy)
Endocrinology Fund 703 23 (17) 156 865
RLUH General Purpose 511 286 (241) 252 808
L'pool Reg Dialysis Fund 662 24 (102) 163 747
RLBUHT General Purpose 231 1,020 (723) 54 582
RLUH Patient Welfare Fund 399 35 (3) 59 490
Forget Me Not Fund 475 24 (124) 100 475
G BGH Haematology Fund 346 13 (8) 76 427
RLUH Renal Transplant Fund 266 (6) 59 328
Others(98) 2,792 259 (319) 795 3,527
Total 6,385 1,693 (1,543) 0 1,714 8,249
Details of 12.6 Name of fund Description ofihe nature and purpose ofeach fund
material Endocrinology Fund Any chantable purpose
relating
to disease ofthe gland
funds- RLUH General Purpose Any charilable purpose
relating
to Royal Liverpool University Hospital
Restricted L'pool Reg Dialysis Fund Any chantable purpose
rais tmg
to Dialysu services
Funds 31.03.21 RLBUHT General
Purpose
Any charilable purpose
relatmg
to Royal Liverpool & Broadgreen University Hospitals
RLUH Patients Welfare Fund For the rehef ofRLUH patients suffering from sickness and disease or its effects
Forget Me Not Fund Any charitable purpose
relating
to cancer services
BGH Haematology Fund Any charilable purposes
relating
to Haemalology Unit
RLUH Renal Transplant Fund Any chanlable purpose
relating
to Renal Transplant Unit
12.7 Restricted Funds 31.03.20 Balance 31
March 2019
Incoming
Resources
Resources
Expended
Transfers Gains and
Losses
Balance 31
March 2020
6000 f000 5000 f000 5000 5000
Material funds
(list individually)
Endocrinology Fund 1,272 35 (20) (500) (84) 703
RLUH General Purpose 583 466 (848) 500 (190) 511
L*pool Reg Dialysis Fund 875 30 (121) (122) 662
RLBUHT General
Purpose
19 261 (2) (47) 231
RLUH Patient Welfare Fund 413 (19) 399
Forget Me Not Fund 670 1,386 (1,540) (41) 475
BGH Haematology Fund 392 13 P) (52) 346
RLUH Renal Transplant Fund 303 (6) (40) 266
Others (98) 3,910 529 (1,073) (574) 2,792
Total 8,437 2,734 (3,636) 0 (1,150) 6,385
Details of 12.8 Name offund Description ofthe nature and purpose ofeach fund
material Endocrinology Fund Any charitable purpose
relating
to disease ofthe gland
funds- RLUH General Purpose Any charitable purpose
relating
lo Royal Liverpool University Hospital
Restricted L*pool Reg Dialysis Fund Any charitable purpose
relating
lo Dialysis services
Funds 31.03.20 RLBUHT General Purpose Any charitable purpose
relating
lo Royal Liverpool & Broadgreen University Hospitals
RLUH Patients Welfare Fund For the relief of RLUH patients suffenng from sickness and disease or its effects
Forget Me Not Fund Any charitable purpose
relating
lo cancer services
BGH Haematology Fund Any charitable purposes
relaltng
lo Haemalology Unit
RLUH Renal Tmnsplant Fund Any charitable purpose
relating
lo Renal Transplant Unit
Contingencies 13 There were no contingent
assets
or liabilities or liabilities for the charity included for the charity included for the charity included in the accounts:
Commitments, 14.1 The Charity has no commitments, liabilities or provisions.
Liabliities and
Provisions
14.2 The Trustee recognise ltabtlities tn the accounts once they have incurred either a
legal or constructive
obligation
to expend funds.
Trustee and 15
Connected
Persons 15.1 Trustee expenses reimbursed 2020-21 20I9-20
Transactions f.
Travel snd subsistence 0
Entertainment
Other (please describe)
Total number of Trust Board Members representing the Trustee
15.2 There was no Trustee remuneration
15.3 There were no transactions
with
a Trustee or connected persons in any
personal
capacity
15.4 Trustee Indemnity
Insurance
Cover provided
under Liverpool
University Hospitals NHS Foundation Trust's
Litigation
Authority
Non-clinical
risk scheme.

Name, nature ofconnection, Name, nature ofconnection, 2020-21 2020-21 2019-20 2019-20
description ofactivities undertaken Turnover of Net Profit/ Turnover of Net Profit/
and details ofany qualifications Connected (Loss) for the Connected Loss for the
expressed by their auditors Organisation Connected Organisation Connected
Organisation Organisation
f f
Liverpool University
Hospitals
NHS FT
(formerly Royal Liverpool R Broadgreen 1,109,384,000 1,410,000 693,482,000 283,159,000
University Hospitals
NHS Trust)