Annual Report & Accounts 2024/25 Registered Charity no: 1048170
Annual Report 2024/25
Contents
| 2024/25 - Our year at a glance: ................................ ............................. ............................. ............................. ............................. ............................. 2 2024/25 - Ouryear ataglare? .....esssssessesssesscssscsecsccsscssccuccuccuccuccascnsesscssccuccascscsscsscsscsucssccuccuccasesscssccuccuccuccuecseeasesecsuccuccuecucsuecuccuecaceuccuecaeecseeneeneeaeeneeneeneeneeseesee 2 |
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| Foreword from the Corporate Trustee ................................ ............................. ............................. ............................. ............................. ................. 4 Forewordfromthe Corporate Trustee .......c.essessssessssesssssssessesscssssessessssesssssssesssssssssssssesucavescsussvesssusasssessssucsessssucscsucsecsesussessesscsussesussesassucsesussesacsuessrsnssessrencseeee 4 |
| About the N&N Hospitals Charity ................................ ............................. ............................. ............................. ............................. .......................... 5 AbouttheN&N Hospitals Charity.........essessssessesseseesecsecsssessecsssessecuesecsecussscssesecssssesecuessenecsesecsecsesucsecsecuesecsecucsecsececsecaecuececsecussscuecesaecuessenecueeseeueseeseessseeseeeeseeseeeD |
| Two new medical centres benefit from Charity funding ................................ ............................. ............................. ............................. ................... 6 Twonewmedical centres benefitfrom Charity funding... essssssessesssssseescsssssscsssscscsscssscsscsucsssessssessesussesaesussnsseesssusassussrssssussessssssssssssessssessesseseeses O |
| Our Grants ................................ ............................. ............................. ............................. ............................. ............................. ............................. 8 OUT GLAM...ceesessssesecesessencsnsesenessssesesessesesesessesesssesesessssecesessesenessssesesesesesesessesesensuseseseucusesssssesessutecessssecesessesenesesssesessuseseseateceaeseeseausesteanensenesessesesesesseseseseeseaeens O |
| What our supporters have achieved ................................ ............................. ............................. ............................. ............................. .................... 12 Whatoursupportershaveachieved...seesesessssessssssessesssssssesscssssssscsnssusacssessssscscssssusscssssusscsucsussesscsucsessesussesscsncsusassussusaresssusassusaresssusscssssessnesesscssssessssesseeesLO |
| Gifts in Wills ................................ ............................. ............................. ............................. ............................. ............................. ........................... 16 |
| Financial Review ................................ ............................. ............................. ............................. ............................. ............................. .................... 18 Financial REViOW .....s.secessssssessssececsssssecsesececsesecscsesececsesesecsssececsecesscussesecsesececuesececsesecuesesessssesesucuesesecuesecucsesecessesececuesesecsesesecuesececsesesececsssesecusseseeecutsssseeesecsesteeeeeeeeLB |
| Trustee arrangements ................................ ............................. ............................. ............................. ............................. ............................. ........... 21 TIUSTEE ATTANGEMENUS ........cscescsessesssssssssessssssesessssssssssssessessssssnscssesssssssessesssssesessessssssssessessessesessessssesscssssesnssssessessssesseessssssessssssescssssscesssssssessesssseseesessssesessessess DL |
| Our staff and advisors ................................ ............................. ............................. ............................. ............................. ............................. .......... 22 Our staffand adVisors .........ssssecessssssesessssesscecscsesececsesesececsenesscucsuenesecsssenecscsesesecscuesenecsscuesenecscuesesecscsesesecssseesesecssaesesecsesesececsesesecuesussesececseseeececusseeececssaneeeeeeneaeee 22 |
| Risk Management ................................ ............................. ............................. ............................. ............................. ............................. ................. 23 RiskManagement ........scsecssssssecssseesecsecsssecsecsssecsecscsesscsecsecsecucsessecucsessecussessecuasecsecuecussscnecussscuecsssscuecsessesscuecuesecuesucsecsesscsessesessessececsesucaeesecessesucsesaeesesseenceesaeensees 23 |
| Related parties ................................ ............................. ............................. ............................. ............................. ............................. ....................... 24 Related parties....sesececsssssecsssssesssnesecsssececsssescsssececssseseesesecessesesucsssesessesesecussecessesecucsesesecsesesecussenecsesesscsesececsssececuesenecucsecucuesesecscaesesecsesesececscaeenececseseeecucsesesseaeee LA |
| Fundraising Compliance Report ................................ ............................. ............................. ............................. ............................. ......................... 24 FundraisingCompliance Report......s.ssssecssssssessssessecssesssessecucsessecucsecsecussecsecuecussecuecessecuecussscuecseseesecuscsesecusssssecuesecsecucsecsecsesecsesucsecsesecsecuesecaeesessececsecuesecsesesseenes DA |
| Equality, Diversity & Inclusion ................................ ............................. ............................. ............................. ............................. ........................... 25 Equality, Diversity&Inclusion .........csecessssssesssseseesenecscsesececsesesecsesececsesesscsesesecsescscuesesecsesesecsssecessesecsesesecessssesecuesececsesscecuesenecucuesenecucseseesssucueseeesucassesesesacseseees 2D |
| Statement of the Corporate Trustee’s responsibilities in respect of the Corporate Trustee’s annual report and the financial s tatements ........... 26 Statementofthe Corporate Trustee’s responsibilities inrespectofthe CorporateTrustee’s annualreportandthe financial statements...........26 |
| Independent Auditor’s Report to the Corporate Trustee of Norfolk and Norwich Hospitals Charity ................................ ............................. ....... 27 IndependentAuditor’s Reporttothe CorporateTrustee ofNorfolkandNorwich Hospitals Charity........cssssssssssssssssssssssssssessssessessssessssessesssseesssnsss 27, |
| How to contact us ................................ ............................. ............................. ............................. ............................. ............................. .................. 31 HOW CO CONLACT US .....escssssesessssssenenesssesesecesessesenesessesesesessusesesesessssesesessstenenessssesesesesessenecesessussaesessasenesesesescuceceseseeceseseseaseseseseseesenessssesesesseseseseasesesesessaesessessessreres OL |
| Statement of Financial Activities ................................ ............................. ............................. ............................. ............................. ........................ 32 Statement ofFinancial Activities 0...esesesesessssesecsseseeecssseseecsssesesscsesesscsecucsenecscsesesecsesesesecssseesececsesesesessesesececsssesecuecussesececsssecececssaeescucseeneeecucseseesacseseeeeaeee OO |
| Balance Sheet ................................ ............................. ............................. ............................. ............................. ............................. ......................... 33 Balance Sheet.......s.sssssessesssssssssssssssessesssssssssssucssssssescssessussssssessssssssessvssuasussussussssssessussussussucsussssessssscsussucsucesssssesessessussussucsssessessssssssesessresresessessnsssessessussessessnesesees OO |
| Statement of Cash Flows ................................ ............................. ............................. ............................. ............................. ............................. ...... 33 Statement OfCash FlOWS........scsssssssecessesesececsesesecscsesecscsesenesscsesenscsscsesenecscsesececsesesesecseaeenececsssesesecsesesececsesesecuesnssesececsesesececsescecuessenececucsesesscucsesesucucsesesueeecasaeee OO |
| Notes to the accounts ................................ ............................. ............................. ............................. ............................. ............................. ........... 35 Notes to the acCOUNS ......sesssssssssssssssssessesssssssesecsessesessssssssussussuessvssessuessssuseussseessesessecsuecusesscssssrssessussussussusssessnssessussussussussssssessssusausssssussussussussusssssssssnessesseeseese OD |
| 1. Accounting Policies ................................ ................................ ................................ ................................ .............. 35 1. ACCOUNTING POLICICS............seeeececcscscccscsccsssssssssesesesesscscscccsccssssssnssesssesesececesesssesessssssssssssssesssesceeeeesessscssssssssssssssseses SD |
| 2. Related party transactions ................................ ................................ ................................ ................................ ... 38 2. Relatedpartytransactions .........sscccccssssscssssssccssscssssccescsssssssssscesssssssccssceescsssscsccsccesescssscccsscesescssscccssssssesessssssccsseeee3D |
| 3. Income from donations and legacies ................................ ................................ ................................ ..................... 38 3. Incomefromdonations andlegacies...........ccssssssssssccscssscscssccecccsssccccsceesessssccssccssessssccccsscesescssscccsssssesessscscssssseeeeSD |
| 4. Income from investments ................................ ................................ ................................ ................................ .... 38 4, Income fromiNVEStMENtsS .......scsssssecesscrescssssesssssecesscsessssssssesessssssseessssssssesessessssenssssssssssensessssessssssssssssesesseseessSO |
| 5. Analysis of other income ................................ ................................ ................................ ................................ ...... 39 5. Amalysisofotherincome ..........scssssccccccssssscccssccssccccsssscceeessssscscssssscenscssssccsessssssssssssssccsesscnssscesscsssssccccssssseesesssssssses OD |
| 6. Role of volunteers ................................ ................................ ................................ ................................ ................ 39 6. Role OfVoLUNCEETS.........ccceercressssseressssssssserssssssesesssssseessesssnssesensensssensensesesssssessesssesnensesesssssesessosssssescesssssssesessssesOD |
| 7. Analysis of charitable expenditure ................................ ................................ ................................ ........................ 39 7. Analysis of charitable expenditure............ssssccccccccssscccsssccsssccccssccccescssssscscssscenssccsscsesescssssscscsscsssesscsssssessssssssssesssssSD |
| 10. | Trustee remuneration, benefits, and expenses 40 Trusteeremuneration,benefits,andexpenses...........cssssssssscsccscccccscsccccccscssssssscscsscscsscccssccccssssssssssssssscsscsscssscesessees40 |
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Trustee remuneration, benefits, and expenses ................................ ................................ ................................ ..... 40 Trusteeremuneration,benefits,and expenses...........cssssssssscsccscccccscsccccccscssssssscscsscscsscccssccccssssssssssssssscsscsscssscesessees 40 |
| 11. 11. |
Analysis of staff costs ................................ ................................ ................................ ................................ ........... 41 Analysisof staff COStS ..........ccsssssssssssssssssssscscscscssscsssssscsscsssscscsssscssscsssessssscsssssssssssscsssccssscsscssssscsssssssssscssescsscscscsssees 41 |
| 12. 12. |
Auditor’s remuneration ................................ ................................ ................................ ................................ ....... 41 Auditors reMUNETAtiONn .........ccssssscsssscssscsssssccscsscssssssseescsssscssssssessssssssssesesscessssssssssesssssssssssssssscsssscscsssssscsscsscsssceses AL |
| 13. 13. |
Non - Current assets ................................ ................................ ................................ ................................ .............. 41 NOMN-CULLeNt ASSCHS......cccscrsscrsscrescrssccssccccssccssconsscnsscnsscsssessssessssessssesssesssessssssonssonsssscssssssassesscsasscssssssscssssssssssssees 41 |
| 14. 14. |
Fixed asset investments ................................ ................................ ................................ ................................ ....... 42 Fixed assetinvestMEent .........ccssssssssscsssssesssccssccscssnsseseescsssssssssscessssssssssesesscsssscssssseesccssssnsssssesscsssscssssssssesscsssessseses42 |
| 15. 15. |
Stock ................................ ................................ ................................ ................................ ................................ ... 42 StOCK........ccccsssscssssssssssssscccsssscssssseesescsscssnsssesessssssssssesesscssssssssssssssesssssssesesscssssossssssesscssssssssssssscsssssscssssssesscsssscsseees42 |
| 16. 16. |
Analysis of current debtors ................................ ................................ ................................ ................................ ... 42 Analysis ofcurrent debtors...........cccccccsscccssccceccsscccsssccccccssscccssccescsssscsccceesssssccssssscescssssscnsssesscssssscscsssessessssssssseeee42 |
| 17. 17. |
Analysis of cash and cash equivalents ................................ ................................ ................................ ................... 42 Analysisofcashandcashequivalents ..........sccccssssccssssscccscscssccecescsssccssscceeccsssssccsceescssssscsscsscesesscsssccessccssssscscsssseee42 |
| 18. 18. |
Analysis of liabilities ................................ ................................ ................................ ................................ ............ 43 Analysisof liabilities...............ccccccssscsssccssssscccssssscscsssscceeccsscssccesessssscscsssscesssesssscccssscessscssssccessscssssscccssssenssscccssess43 |
| 19. 19. |
Analysis of funds ................................ ................................ ................................ ................................ .................. 43 Amalysis OffUNS............scccccccssssscccssccnsccccsssscceeessssssscsssccessesssccessescsssscesnsccessscsssscceescssssscsccssssssescsssscessssscsssscsssesss43 |
| 20. 20. |
Grant commitments ................................ ................................ ................................ ................................ ............. 47 Grant COMMILMENLIS.........cccccccccssssssscrssssessssrscerecssssssesssceesscsssesscesesscesssenesseescessssesscsesscsssssesesscesesecsssseessccsssssssses47 |
Annual Report 2024/25
2024/25 - Our year at a glance:
Our Vision: Supporting our hospitals to provide the best care for every patient Supporting our hospitals to provide the best carefor every patient
Annual Report 2024/25
Our year at a glance. In 2024/25 we:
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) ¢ & raised a total of £2.1m, thanks raised a total of £2.1m, thanks | = - spent a total of £2.0m to spenta total of £2.0m to
a, to our generous supporters tO Our generous supporters — benefit benefit patients patients
:t; ;:- . :is 3 fg t 2: t t2 Donorsits patients,who staffhave andsupported services this mnie:Centre,
aA@, [—] = approved £0.2m for extra approveda £0.2mco foriy extraa i AXOXONwith a [grant] of £1600000; fomtricia Holme the NEN VospltalsRump Charityour kindwateoa donors
received £0.8m from gifts in
training for over 1540 Trust training for over 1540 Trust TEE | received £0.8m from gifts in
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Our support for our local hospitals is only possible thanks to our incredibly generous supporters. To everyone who has helped us, we say a huge ‘THANK YOU’ – from the Charity and from our NHS Trust.
Annual Report 2024/25
Foreword from the Corporate Trustee
Annual Report 2024/25
About the N&N Hospitals Charity
Annual Report 2024/25
Two new medical centres benefit from Charity funding
Annual Report 2024/25
Key Priorities
or contact our team at or contact our team at charity@nnuh.nhs.uk, charity@nnuh.nhs.uk , or on or on 01603 01603 287107 287107. .
Annual Report 2024/25
Our Grants
patients with mobility problems. patients with mobility problems.
Annual Report 2024/25
Did you know….
that individual legacies can fund specialist training for nurses to allow them to develop and improve healthcare in your local hospitals?
Annual Report 2024/25
Annual Report 2024/25
Annual Report 2024/25
What our supporters have achieved
Annual Report 2024/25
Annual Report 2024/25
Did you know….
that a gift in your will could fund additional medical equipment, enabling more patients to be diagnosed or treated, and that this could directly help reduce waiting times?
Annual Report 2024/25
THANK YOU for all the support you have given to us and to our Trust’s NHS staff
Annual Report 2024/25
Gifts in Wills
Annual Report 2024/25
Annual Report 2024/25
Financial Review
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0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0
£000
= Donations a Legacies Investments rT Other income
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Annual Report 2024/25
CHARITABLE SPEND:£1.6M
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0 0.5 1 1.5
£ MILLION
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£271k for a Spinal C £271k for a Spinal C-Arm -Arm to to improve improve imaging imaging available for spinal surgery; available for spinal surgery;
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£ £100k 100k to to extend extend Complementary Therapy services Complementary Therapy services for for Palliative Palliative Care and Cancer patients Care and Cancer patients; ;
available for supporting available for supporting better better care for patients care for patients. . (2023/24: £247k) (2023/24: £247k)
Annual Report 2024/25
with with the Committee on an annual basis to discuss performance and strategy. the Committee on an annual basis to discuss performance and strategy.
Annual Report 2024/25
Trustee arrangements
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establishing the Charity’s Annual Plan and Ambitions establishing the Charity’s Annual Plan and Ambitions — – to to continue implementation of the Charity’s Strategy continue implementation of the Charity’s Strategy — –
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overseeing the ‘pipeline’ of potential schemes for future Charity overseeing the ‘pipeline’ of potential schemes for future Charity
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supporting initiatives to enhance the profile and recognition of the Charity as the principal charity associated supporting initiatives to enhance the profile and recognition of the Charity as the principal charity associated
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reviewing policies and operating procedures relevant to the Charity, including the Policy for Ethical Fundraising reviewing policies and operating procedures relevant to the Charity, including the Policy for Ethical Fundraising
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receiving updates on fundraising activities, including development of our Charity receiving updates on fundraising activities, including development of our Charity-funded -funded cafés, to benefit staff, cafés, to benefit staff,
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receiving reports from our impact reporting processes receiving reports from our impact reporting processes
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review of applications and approval of major grants, in line with the Charity’s Objectives and Annual Plan. review of applications and approval of major grants, in line with the Charity’s Objectives and Annual Plan.
Annual Report 2024/25
Our staff and advisors
Annual Report 2024/25
Risk Management
A. A. Financial risks in a crowded marketplace and at a time of economic pressure Financial risks in a crowded marketplace and at a time of economic pressure
B. B. Financial risk through reliance on voluntary income and ‘at risk’ investments Financial risk through reliance on voluntary income and ‘at risk’
C. C. Strategic challenges and competing operational pressures in NHS complicate Charity fundraising Strategic challenges and competing operational pressures in NHS complicate Charity fundraising
- and expenditure, and take and expenditure, and take-up up of approved grants. of approved grants.
Annual Report 2024/25
Related parties
Fundraising Compliance Report
any questions. Co any questions. Contact ntact can be made via our website, social media, emails, phone or by post. can be made via our website, social media, emails, phone or by post.
Annual Report 2024/25
Equality, Diversity & Inclusion
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|Signed on behalf of the trustee by|
|Signed on|behalf of|the trustee by|a|ottoA|Vide|
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Statement of the Corporate Trustee’s responsibilities in respect of the Corporate Trustee’s annual report and the financial statements
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select suitable accounting policies and then apply them consistently; select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP 2019 (FRS102); observe the methods and principles in the Charities SORP 2019 (FRS102);
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make judgements and estimates that are reasonable and prudent; make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been
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state whether the financial statements comply with the trust deed and rules, subject to any material departures state whether the financial statements comply with the trust deed and rules, subject to any material departures
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assess the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going assess the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going
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use use the going concern basis of accounting unless they either intend to liquidate the charity or to cease the going concern basis of accounting unless they either intend to liquidate the charity or to
Date: Date: 28 January 2026 28 January 2026
Independent Auditor’s Report to the Corporate Trustee of Norfolk and Norwich Hospitals Charity
28 January 2026
Annual Report 2024/25
How to contact us
Statement of Financial Activities
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Page Page 34 34
Notes to the Accounts
1. 1. Accounting Accounting Policies Policies
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confirmation has been received from the representatives of the estate(s) that probate has been granted; confirmation has been received from the representatives of the estate(s) that probate has been granted;
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the executors have established that there are sufficient assets in the estate to pay the legacy; and the executors have established that there are sufficient assets in the estate to pay the legacy; and
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all conditions attached to the legacy have been fulfilled or are within the charity’s control. all conditions attached to the legacy have been fulfilled or are within the charity’s control.
Notes to the Accounts
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there is a present legal or constructive obligation resulting from a past event there is a present legal or constructive obligation resulting from a past event
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it is more likely than not that a transfer of benefits (usually a cash payment) will be required in settlement itis more likely than not that a transfer of benefits (usually a cash payment) will be required in settlement
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the amount of the obligation can be measured or estimated reliably. the amount of the obligation can be measured or estimated reliably.
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We We have communicated our intention to award a grant to a recipient who then has a reasonable expectation have communicated our intention to award a grant to a recipient who then has a reasonable expectation
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We We have made a public announcement about a commitment which is specific enough for the recipient to have have made a public announcement about a commitment which is specific enough for the recipient to have
Notes to the Accounts
Notes to the Accounts
2. 2. Related party transactions Related party transactions
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- Income from donations and legacies Income from donations and legacies
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- Income from investments Income from investments
Notes to the Accounts
5. 5. Analysis Analysis of other income of other income
6. 6. Role of volunteers Role of volunteers
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Fund advisors Fund advisors — – there are about 400 Trust staff who support the there are about 400 Trust staff who support the Charity C Charity Committee ommittee when deciding how the when deciding how the
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Fundraisers Fundraisers — – there there are many local volunteers who actively fundraise for the N&N Hospitals Charity by running are many local volunteers who actively fundraise for the N&N Hospitals Charity by running
7. 7. Analysis Analysis of charitable expenditure of charitable expenditure
Notes to the Accounts
8. 8. Analysis Analysis of of support costs and support costs and governance governance costs costs
9. 9. Analysis Analysis of expenditure on raising funds of expenditure on raising
Fundraising expenditure includes depreciation on equipment used to generate trading income. Fundraising expenditure includes depreciation on equipment used to generate trading income.
10. 10. Trustee remuneration, Trustee remuneration, benefits, benefits, and expenses and expenses
Notes to the Accounts
11. 11. Analysis Analysis of staff costs of staff costs
12. 12. Auditor’s Auditor’s remuneration remuneration
13. 13. Non Non-Current -Current assets assets
| Closing Balance ClosingBalance |
208 208 |
208 208 |
127 127 |
|---|---|---|---|
| Carrying value at start of year | 137 | 137 | 190 |
| Carrying value at end of year | 194 | 194 | 137 |
Notes to the Accounts
14. 14. Fixed asset investments Fixed asset investments
15. 15. Stock Stock Stock Stock Online shop stock Online shop stock Gifts in Kind stock Gifts in Kind stock Promotional items Promotional items Artwork (held for sale) Artwork (held for sale) Total stock Total stock 16. 16. Analysis Analysis of current debtors of current debtors
| 17. Analysis of cash and cash equivalent s 17. Analysis ofcashandcashequivalents |
|
|---|---|
| 2024/25 2024/25 |
|
| Cash & Cash Equivalents Cash&CashEquivalents |
£000s £000s |
| Cash in hand & at bank Cashinhand&atbank |
2,527 2,527 |
| Short term investment Shortterminvestment |
1,300 1,300 |
| Total Total |
3,8 3,827 |
| Short term investment is a 6 - month fixed term treasury deposit, maturing in April 2025. Shortterminvestmentis a 6-monthfixedtermtreasurydeposit,maturing inApril2025. |
Notes to the Accounts
18. 18. Analysis Analysis of liabilities of liabilities
19. 19. Analysis Analysis of funds of funds
For the benefit of paediatric patients within the Trust For the benefit of paediatric patients within the Trust