eport and counts 2023/24 cKester & Ipswich Hospitals Charity
Contents Welcome Making a difference v ff Strategic report 12 Our refreshed strategy key principles refreshed fundraising proposition Our achievements and performance Exciting plans ahead we manage the money you give us G(>vernance 20 St&cture. governance and management Oeectives of the charity Financial reporting 22 Statement of Corporate Trustee responsibilities Foreword to the financial statements Independent Auditor's report Statement of financial activities Balance sheet Statement of cash flows Notes to the accounts other 44 Legal and admin details Thank you
Awarm welcome We are your local NHS charity and proud to be the official NHS charity of East Suffolk and North Essex NHS Foundation Trust, which provides hospital and community health services to around 800,000 people and in 2023/24 was the second largest NHS organisation in the region. Donations to the Colchester & Ipswich Hospitals Charity help take care of patients and staff at your local hospitals and healthcare centres - providing those extras that go above and beyond what the NHS can provide, and which make such a difference to happiness and healing. Our annual report enables us to reflect on the past year, showcasing what we have been able to achieve as well as reporting on our financial position. It also provides an opportunity to once again thank our local community for their ortrgoing support. Thanks to that incredible generosity, in 2023124 the charity was able to provide £1.550 million of grants to support NHS patients, staff and healthcare in our local community. Your support helped us improve patien lives by bringing some good into a difficult time, and your kindness helped provide our hospitals and community services with additional life-saving equipment, cutting-edge technology, research and innovation that can transform the healthcare available to your friends and family, when they need it most. Within this report you can also read more about our recently refreshed strategy and ambitions for supporting local patients and staff over the coming years. Thank you Mandy Jordan Colchester & Ipswich Hospitals Charity
provides the creative
materials used in a family support session with children of those affected by cancer
helps someone manage debilitating side effects of their cancer treatment by having a specialist aromatherapy massage or reflexology treatment
"The Centre has made a really big difference to me" Curtis, 31
could help us buy new items for the play areas throughout the new department
could help us fund new furniture and equipment within spaces such as the dedicated teen spaces or to enable parents to stay
Making A Difference Children's Appeal at Ipswich Hospital Help us transform the Children's department at Ipswich Hospital The work has seen a brand new outpatients centre open, an extension built, along with a new treatment room, dedicated two-bed high dependency bay and calming and relaxing sanctuary room for young patients experiencing mental health d ifficulties. The project is a partnership between East Suffolk and North Essex NHS Foundation Trust (ESNEFT), which runs the hospital and the Colchester & Ipswich Hospitals Charity. We would like to say a huge thankyou to everyone who has supported the Children's Appeal so far. Your generosity is helping to transform the department into a modern. child friendly environment which matches the high standards of care our teams provide. Part of the new inpatient area, including some of the new ensuite rooms, have also opened. Dr Lauren Filby, clinical lead for paediatrics at Ipswich Hospital, said -we are thrilled that the second phase of this fantastic project is now open. It has created a bright and welcoming space which will further improve the experience which our young patients and their families and carers have when they come to Ipswich Hospital.- Although we are nearing the end of the build, we are still keen to hear from anyone who would like to support our appeal and would welcome their help with funding those all important extras to complete the transformation including the indoor and outdoor play spaces and sensory equipment. The third, and final phase of the project will be completed in Summer 2024, which will see the new ward entrance, further inpatient rooms, a school room, children's assessment unit and refurbished play area open their doors.
'We cant thank you enough. The gerdens are just invaluable in suporting tIents and their families through difficult times. Dr Hattie Roebuck. Consultant in Palliative Medicine PA "People need somewhere tucked away where they can pause before going through the hospital entrance: I want . people to feel cloaked ar)d comfortable. On a personal level. this is my way of saying thank you to everybody that works hard in the NHS.. Adam FrosL garden designer
strategic report Our refreshed strategy Despite a number of challenging years, we've delivered many of the strategic ambitions set out in our 2019-2024 Charity Strategy but find ourselves as a local NHS charity emerging from Covid-19 to an entirely different financial climate and health and social care landscape. At a junction where East Suffolk and North Essex NHS Foundation Trust has launched a new clinical strategy, we've taken the opportunity to work with ESNEFT staff, partner organisations and representatives of our communities over recent months to reflect on local and national health strategies to refresh our charity strategy ensuring the charit¢s vision, mission, key objectives and delivery priorities remain fit for purpose for 2024-2027. You can find more context for us refreshing the strategy, our refreshed strategic ambitions and priorities together with our approach to grant making and new fundraising proposition in more detail on our website. We must continue our growth in all areas of our work so that we remain able to deliver meaningful impact and drive the best care. experience and outcomes for local patients. We are proud to be the Colchester & Ipswich Hospitals Charity-the official NHS charity for the East Suffolk and North Essex NHS Foundation Trust. We enhance healthcare services for the people of East Suffolk and North Essex by prioritising grants that meet our strategic objectives to: Keep people in control of their health With our supporters. help we raise money and invest in services to enhance East Suffolk and North Essex N HS Foundation Trust and local healthcare partners. ability to offer the best care and experience and to increase the equity in health outcomes. Support the integration of care Develop centres of excellence We transform healthcare for our community. We push the boundaries of possibility and make every patient experience the best it can possibly Support and develop staff Our values of optimism, appreciation and kindness underpin this ambition, and our philosophy that time matters, keeps our focus on what matters most to people, while reducing unnecessary stress. Drive technology enabled care Together we make a difference. 12
strategic report Our refreshed fundraising proposition When somebody you love is in hospital or having treatment, you want to be sure that they have everything they need for health and healing. Take care of your friends and family when they need you most by making a donation to Colchester & Ipswich Hospitals Charity today We have developed a new fundraising Our research showed that patients and families proposition for our charity, which will enable felt that the care they received from the clinical us to reach more supporters, and raise more teams was very good but that facilities and money. There is no longer a specific fund name general infrastructure at many of the hospitals for unrestricted general purpose funds-we use and community sites were disappointing in the name of the charity to keep things simple comparison. and focused. So our proposition focuses not on care but on Whilst we will continue to support patients who experience, as that is what patients and families wish to give to designated service area feel can improve and can be inspired to help charitable funds, our aim is to inspire fund. prospective and existing donors to give to this unrestricted fund, allowing us to use the money To support this new approach, we've developed raised strategically where there is the greatest a staff-facing booklet. The booklet'Let's talk need ultimately benefiting the patient. about giving is a guide for staff having conversations with patients and visitors about how to support the charity, and sharing the enormous impact donations make to patients and staff. The idea behind the new proposition is to make a direct link between a donation and an improved experience for patients. Many, if not most, of the people we might ask for a donation have had a direct interaction with one of our hospitals, services or staff. By engaging with their own experience, and empathy for others, we can inspire people to give. 14
When you make a donation to Colchester & Ipswich Hospitals Charity, you help take care of patients and staff at your local hospitals and NHS services, providing those extras that go above and beyond what the NHS can provide, and which make such a difference to happiness and healing. Your kindness can also help provide the hospitals with life-saving equipment and cutting-edge technology that can transform the healthcare available to your friends and family when they need it most. Make a donation to Colchester & Ipswich Hospitals Charity today and help improve the health and happiness of patients in your area. You'll help improve patients. lives by bringing some good into a difficult time, such as making sure there's tea and coffee in the waiting room, or providing the slippers that help prevent trips and falls in older patients. 15
and process charitable funds requests from the organisation, which provides additional management information and is more efficient for users. This alongside merging former charitable funds to be more service specific was rolled out organisation wide in April 2023 to coincide with the start of the new financial year. The charity has no access to patient data and does not make any direct request of ESNEFT patients for donations. Protecting vulnerable individuals Colchester & Ipswich Hospitals Charity carries out its own fundraising activities, which are mainly donations and sponsorship from events driven. Volunteers operating on behalf of the charity are DBS checked when working within the hospital. Ad-hoc volunteers working off-site at events accompanied by charity staff are not required to be DBS checked. During 2023124, the charity continued to use the services of St Helena Hospice to run the 'Make a Smile, lottery. No complaints were received by the Fundraising Regulator or Charity Commission with regard to the charity during the period. During 2024125 we will continue to develop new impact reports and management reports using this information base. In line with the Fundraising Regulator Code of Practice. the charity continues to have its own fundraising promise, complaints procedure and safeguarding policy. Environmental scanning The charity continues to be a member of NHS Charities Together. This organisation is solely for NHS charitable organisations and helps keep the charity informed and fully updated on current and developing issues in relation to NHS charitable funds. The charity does not undertake door to door fundraising activities and limits direct marketing. The charity recognises that many of their supporters are elderly patients or their families and some could therefore be vulnerable. Where it is brought to the attention of staff that a supporter may be a vulnerable individual, confirmation is sought from the safeguarding team as to their capacity to give. Colchester & Ipswich Hospitals Charity is staying alert to legislative change. The charity is voluntarily registered with the Fundraising Regulator, demonstrating our full commitment to best practice in the sector. 17
strategic report Exciting plans ahead We have worked alongside our colleagues at East Suffolk and North Essex NHS Foundation Trust to identify key priority patient improvement projects for the coming year including: transforming the experience for young patients and their families. Well also be transforming outdoor play spaces for our youngest patients, creating inspiring sensory, healing play spaces during the summer of 2024 using donations received for this specific purpose. diagnosed with cancer, undergoing treatment or living with and beyond cancer. The support they offer across the centres would not be possible without charity funding. We have approved funding for the next two years. Supporting patients near end-of-life The fund continues to accept donations to support the upkeep of the Colchester Time Garden and support now extends to providing materials and support for the butterfly volunteers and co-ordinators at a cost of £IOOk per year. In addition, the charity will potentially be launching an appeal during 2024/25 to fund a Time Garden, for patients nearing end of life to spend time away from the ward with loved ones at the Ipswich site. Purchasing and installing a CT scanner within the new Urgent Treatment Centre at Ipswich Hospital The charity has committed to contributing £l.Im in Q2 2024125 towards the new urgent treatment centre at Ipswich Hospital, including purchasing the new CT scanner which will be located at the front door saving precious time in emergencies together with a major contribution to the new paediatric urgent treatment area so that our younger patients have appropriate spaces when they need them most. Continuing to support the build of the new children's department at Ipswich Hospital The charity has committed £609k towards the capital costs and £250k towards equipment, sensory and play activities to create a modern, calming environment to match the high standards of care patients already receive. The new-look department will significantly improve the faci l ities available, and help staff continue to meet increasing demand for services while maintaining their focus on delivering a gold standard of care for every single patient. Work has now started on the final phase of redeveloping the ward areas, Facilitating business cases We are continuing to explore the options for improving the facilities for families at Colchester Hospital's neonatal unit and for Stroke patients at Ipswich Hospital. Supporting cancer wellbeing services Our Cancer Wellbeing Centres are a space to sit, talk or listen, but also a space to join a social activity or talk to a trained professional. The centre teams are always on hand to provide support to those In addition we continue to work closely with ESNEFT'S clinical teams to help them plan how to make best use of available designated departmental charitable funds. You can read our full grants intentions document for the year ahead by visiting colchesteripswichcharity.org 18
Foreward to the financial statements East Suffolk and North Essex NHS Foundation Trust Charitable Funds The charity is a public benefit entity. These financial statements for the year ended 31 March 2024 have been prepared by the Corporate Trustee in accordance with the Charities Act 2011, the Charity (Financial Statements and Reports) Regulations 2008, the Trust Deed, the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities and the Financial Reporting Standard (FRS 102). 23
Use of our report This report is made solely to the Corporate Trustee, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Corporate Trustee those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Corporate Trustee as a body, for our audit work, for this report, or for the opinions we have formed. INSERT SIGNATURE For and on behalf of Ensors Accountants LLP Chartered Accountants & Statutory Auditor Connexions 159 Princes Street Ipswich IPI IQI 27
Financial statements statement of financial activities for the year ended 31 March 2024 Xi&ffardt ZDZ4 Dami0 and lep(ie5 86 591 314 409 47 276 357 tald 24 Frevents sp and sodal laiterle5 14 17 107 143 290 41 Funarthles arnartiable acrhlibes P-lar ardl arnenlit25 -yre and aMli1eS 4a4 58 571 524 241 597 4ZE CÉmlrthWaonto NHS 144 124Z 31 156 Imovatio 93 93 33 31 Z48 1381 L7n 733 {3EJ ILIGtJ 66 IIZL (LGS trnn5teT betYKen (971 97 Ilet ffl0¥ent LIZL (L63q lie¢oN¥liiaTh •f f¥nd&" Toial fund* brnURhtrwd 39T 7,171 9.941 L475 366 &976 7.ITL The notes on pages 31-43 form part of these accounts. All income and expenditure is derived from continuing operations. 28
Balance sheet as at 31 March 2024
Restricted Unrestricted
Funds
Funds
Total at
31 Marth
2024
Restrirted Unrestricted
Funds
Funds
Total at
31 Marth
2023
£0
Note
Fixed assets:
Investments
269
6,621
6,621
337
5,746
5,746
6,083
6,083
Totsl fixed assets
6,890
337
Current assets:
Stock
12
Debtors
Cash
13
69
878
947
38
125
163
14
1.162
1231
2,591
3A73
3,753
4,704
1,075
1,1
2,329
2A61
Total current assets
3,574
Current liabilities:
15
Creditors amounts falling due <1 year
Net current assets
1.134
97
1,029
2,163
2,541
1,053
1,348
1,113
2,401
1,173
Totsl assets less current liabilities
366
9,065
9,431
397
659
7,256
Non
Financial statements statement of cash flows for the year ended 31 March 2024 Year ended 31 March 2024 Year ended 31 March 2023 £000 Cash flows from operallnz a¢tlvhles: Net cash lexpendedllgenerated by operating activities 161 19461 Cash flows from inve51ing activities: Dividends. interest and rents from investments Net cash provided by investing actNlties ioi ioi Change In cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period 349 3,404 3.753 18451 4,249 Reconciliation of net income to net cash flows from o Year ended 31 March 2024 Year ended 31 March 2023 £000 11,6341 N•t Incom• for th• r•porting p•rlod las p•r th• stat•m•nt of fin•n¢i•l •rtlvltl•s) Adjusted for.. IGain5l/losse5 on investments Dividends and management fees from investments Interest from bank accounts Ilncreasel/decrease in debtor5 Increase in prepayments In¢rease/lde¢reasel in Creditors Iln¢reasel/de¢rease in stock Net cash lexpendedl/generated by operating activities 2,171. 17331 1741 11881 17681 1161 12341 196 1741 iioii 237. 434 141 19461 161 Anal is of cash and cash e uiwalents Year ended 31 March 2024 Year ended 31 March 2023 £000 3,302 102 3,404 Cash in hand Notice deposits (less than 3 months) Total cash and cash equivalents 3,646. 107 3,753 30
Notes to the accounts l. Accounting policies l.l Basis of preparation The financial statements have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these financial statements. The financial statements have been prepared in accordance with the Charities SORP "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) (effective l January 2019) and the Charities Act 2011. The financial statements have been prepared to give a'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a'true and fair view. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 2015 which has since been withdrawn. The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial statemerlts are rounded to the nearest thousand. The Corporate Trustee considers there to be sufficient funding to ensure the Charity meets its current liabilities as they fall due and there are no material uncertainties regarding the going concern status of the charity. The Charity meets the definition of a public benefit entity under FRS 102. The Charity is an NHS umbrella charity created by the declaration of Trust dated l November 1995. The Fund is constituted by a Trust Deed and registered with the Charity Commission for England and Wales. 1.2 Funds structure Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor. The capital of the funds may be spent at the discretion of the Corporate Trustee for the purposes stipulated by the donor. Unrestricted funds comprise those funds which the Corporate Trustee is free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds. where the donor has made known their non-binding wishes or where the Corporate Trustee. at their discretion. have created a fund for a specific purpose. The split of funds held in each of these categories is disclosed in note 17. 1.3 Income All income is recognised once the fund has entitlement to the income and it is probable that the income will be received and the monetary value of income can be measured with sufficient reliability. 31
Financial statements Notes to the accounts Where there are terms or conditions attached to income. particularly grants. then these terms or conditions must be met before the income is recognised as the entitlement condition will not be met until that point. Where terms or conditions have not been met or uncertainty exists as to whether they can be met. then the relevant income is not recognised in the year. but deferred and shown on the balance sheet as deferred income. 1.4 Legacies Legacies are recognised once all conditions attached to the legacy have been fulfilled and when the executors have determined that a payment can be made following the agreement of the estate's accounts. or on notification by the executors that a payment will be made. Legacies are not recognised where a will is in dispute or where it is judged that there is insufficient certainty as to the value that will be received. 1.5 Investments Fixed asset investments are initially measured at transaction price excluding transaction costs. and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred. Investment income is apportioned to the individual funds in proportion to the average fund balance over the quarter the income relates to. 1.6 Expenditure All expenditure is accounted for on an accruals basis. whereby all expenditure approved within the reporting period is accounted for without regard to the payment date. It is recognised once there is a legal or constructive obligation committing the charity to expenditure. Contractual arrangements are recognised as goods or services are supplied. 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 apportioned across funds based on their month end balance. 1.7 Irrecoverable VAT Irrecoverable VAT is charged against the category of expenditure for which it was incurred. 1.8 Raising funds The cost of fundraising is allocated to the funds of the Charity based on the amount of income each fund generates. 1.9 Charitable activities Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objectives of the fund. 32
Notes to the accounts
-
1.10 Governance costs Governance costs comprise all the costs incurred in the governance of the Charity. These costs include the preparation and audit of the statutory accounts. These are apportioned quarterly between the funds based on each closing fund balance of the previous quarter.
-
1.11 Stock Stocks are stated at the lower of cost and net realisable value. Net realisable value is purchase costs, less the estimated selling price.
-
1.12 Debtors Debtors are amounts owed to the charity. They are measured on the basis of their recoverable amount.
-
1.13. Cash and cash equivalents Cash at bank and in hand is held to meet the day-to-day running costs of the Charity as they fall due. Cash equivalents are short term, highly-liquid investments, usually in 90 day notice interest bearing saving accounts.
1.14 Creditors
-
Creditors are amounts owed by the Charity. They are measured at the amount that the Charity expects to have to pay to settle the debt.
-
1.15 Taxation
The charity is exempt from corporation tax on charitable activities.
1.16 Financial Instruments
The Charity has elected to apply the provisions of Section 1] ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle ona net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
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Financial
stat
t
Notes to the accounts
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
2. Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Related party transactions
East Suffolk and North Essex NHS Foundation Trust is the sole Corporate Trustee of East Suffolk and North Essex NHS Foundation Trust Charitable Funds (also known as Colchester & Ipswich Hospitals Charity). By virtue of this relationship, the Trust is the ultimate controlling party for the Charity.
East Suffolk and North Essex NHS Foundation Trust provides NHS healthcare-related services. Consolidated accounts of the Trust and Charity can be obtained from Trust Offices, Colchester Hospital, Turner Road, Colchester, Essex CO4 SJL.
Board Members and other senior staff take decisions both on charitable funds and exchequer matters but, endeavour to keep the interests of each discrete and do not seek to benefit personally from such decisions. Declarations of personal interest have been made in both capacities and are available to be inspected by the public.
During the year, none of the senior members of the Corporate Trustee or members of the Trust’s key management team, Board or parties related to them has undertaken any material transactions with East Suffolk and North Essex NHS Foundation Trust Charitable Funds or received any benefit from the fund in payment or kind.
The Trust is a related party of the Charity. The Trust made no charitable contributions to the Charity. In 2023/24 the resources expended by the Charity which were received by the Trust totalled £1.4m (2022/23: £1.9m). As at 31 March 2024 the Charitable Funds had a creditor balance owed to the NHS Trust of £62k (2022/23: £153k).
34
Notes to the accounts Legacies Twenty four legacies were accounted for during the 2023124 financial year. £1.4m received and £0.8m accrued totalling £2.2m (31 March 2023: £521k). Investment income Restrirted Unrestrirted Funds Funds Year ended 31 Mah 2023 Funds Funds 31 Mar¢h 2024 Investment: Interest receivable Dividends 19 170 189 18 83 ioi 15 120 135 24 102 126 Total investment income 290 324 227 Analysis of expenditure on raising funds Restri¢ted Vnrestri¢ted Ye•r ended Funds Funds 31 March 2024 Restrirted Unrestri¢ted Funds Funds Ye•r ended 31 Mar¢h 2023 Fundraising activiti•$: Fundraisin8 ofPice Fundraisln8 and publicity Investment management fees Trading activities Totsl 39 295 334 89 219 15 229 244 31 134 165 61 io 41 51 io io 61 647 534 The fundraising team are employed by East Suffolk and North Essex NHS Foundation Trust. The Trust levies a monthly charge to the Charitable Fund to recover all pay and associated non-pay costs. 35
Financial statements Notes to the accounts Analysis of expenditure on charitable activities Restricted Unrestricted Funds Funds Year ended 31 March 2024 Restricted ilnrestricted Funds Funds Year ended 31 March 2023 EOOO Note £)0 Charitable activities: Patients- welfare and amenities Staff - welfare and amenities Contribution to NHS Professional fees Equipment Staff Bulldlngs Governance costs Financial services 513 571. 89. 524. 613. 241 356 597. ii. 415. 426. 143. 16 159 141. 141. 81 81 71. 71. 15, 15. I,ioi. I,ioi. 15 135 150 30. 127. 157. Audit fees li 17 20 14. 16. Bank fees Innovations 14 14 14. 14. 93 93 Grants payable Total 33. 33 248. 248. 494. 1,240. 1,734.. 1,622. 1,171. 2,793. The Corporate Trustee operates a scheme of delegation where fund advisors of the individual funds have delegated authority to incur expenses based on the individual fund objectives in accordance with directions set out by the Corporate Trustee in standing orders and financial instructions. All requests over £5k also require approval from the Charitable Funds Committee. Requests over £250k require approval from Trust Board acting in its capacity as Corporate Trustee. Analysis of grants payable Grants to institutions Grants to individuals Year ended 31 Mareh 2024 Grants to institutions Grants to individuals Year ended 31 March 2023 Grants payabl•: Ban8ladeshi Women Association Essex African Families in the UK ICICI Phoebe Volunteering Matters Ladies of SEN Sharing Parenting Staff Benevolent fund grants Totsl 73 73 31 31 74 74 22 22 45 45 33 33 33 33 247 During the year the Charity made 18 grants to individuals (2022123: 3 grants to individuals) 36
Notes to the accounts Analysis of investments RéstrtL*ad Unrastrlrtod Yr R6strlrtéd Unrastrlrt8d Yoar ondod 31 Marth 31 March 2024 20Z3 Pknrketydlue I0t fDrward 337 5.746 5.159 In2 135 24 Investmerrt fe (71 (54) 656 (611 733 (ioi (381 (6851 337 1421 (1581 685 4746 (52) (6} UNead 8aW{k)sses) Rewdluation (rffimds as per total {153} 153 6.6ZI 690 083 The Charity's investments relate entirely to COIF units. All net income generated by the investment is re-invested into the COIF units to increase their value. 10. Transfers between funds In 2023124 there were transfers of £97k made between funds within the group registration (2022123: £84k). Transfers are either made to move residual balances which can no longer be used effectively due to their low value. or where fund signatories have agreed to contribute to the purchase of specific equipment. 11. Audit costs External audit was provided by Ensors Accountants LLP at a cost of £17,190 (2022123: £16.200). In 2023124 additional costs of E2.940 related to prior year which were not known at completion of those audits. These costs. which include VAT. relate to the external audit of the financial statements. 12. Stock Restrictstd Unro$trlrtod Fundi Funds Year ondod 31 Mareh 2024 Rèstrlet•d Unrestrlct•d Fund$ Funds Year endod 31 March 2023 Stock: Goods for resale aosinc stock balance All stock was valued at the lower of cost and net realisable value. 37
Notes to the accounts
13. Analysis of debtors
| Restricted | Unrestricted | Year ended | Restricted | Unrestricted | Year ended | |
|---|---|---|---|---|---|---|
| Funds | Funds | 31 March | Funds | Funds | 31 March | |
| 2024 | 2023 | |||||
| £000 | £000 | £000 | £000 | £000 | £000 | |
| Debtors: | ||||||
| Debtors under 1 year | ||||||
| Accrued income | 67 | 864 | 931 | 38 | 118 | 156 |
| Prepayments | 2 | 14 | 16 | - | 7 | 7 |
| Totaldebtors | 69 | 878 | 947 | 38 | 125 | 163 |
There were no debtors falling due after more than one year
14. Cash held on deposit
| Restricted | Unrestricted | Year ended | Restricted | Unrestricted | Year ended | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 31 March | Funds | Funds | 31 March | ||
| 2024 | 2023 | ||||||
| £000 | £000 | £000 | £000 | £000 | £000 | ||
| Cash: | |||||||
| Cash held on deposit | |||||||
| COIF charities depositfund | 4 | 103 | 107 | 6 | o7 | 103 | |
| Commercial bank accounts | 1,158 | 2,486 | 3,644 | 1,069 | 2,229 | 3,298 | |
| Cash held in hand | |||||||
| Cash in transit | - | 2 | 2 | - | 3 | 3 | |
| Total | cash | 1,162 | 2,591 | 3,753 | 1,075 | 2,329 | 3,404 |
Cash held on deposit with the COIF Charities Deposit Fund is a highly-liquid pooled fund having daily deposit and withdrawal facilities.
15. Analysis of creditors
| Restricted | Unrestricted | Year ended | Restricted | Unrestricted | Year ended | |
|---|---|---|---|---|---|---|
| Funds | Funds | 31 March | Funds | Funds | 31 March | |
| 2024 | 2023 | |||||
| £000 | £000 | £000 | £000 | £000 | £000 | |
| Creditors: | ||||||
| Creditors under 1 year | ||||||
| Trade creditors | - | 18 | 18 | - | 5 | 5 |
| Accruals | 1,130 | 953 | 2,083 | 1,031 | 1,212 | 2,243 |
| Amounts owing to Corporate | 4 | 58 | 62 | 22 | 131 | 153 |
| Trustee | ||||||
| Creditors over 1 year | ||||||
| Accruals | - | 89 | 89 | - | 85 | 85 |
| Totalcreditors | 1,134 | 1,118 | 2,252 | 1,053 | 1,433 | 2,486 |
The Corporate Trustee is the East Suffolk and North Essex NHS Foundation Trust.
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Notes to the accounts 16. Grants Payable Creditors Yoar ond 31 March 2024 Yoar onded 31 Marth 2023 Nots Gr¥nts payable: Grants Payable brought fonvard Commltments made In year Grants paid during the year Grants p•pbl• carriad foNard 33 93 17. Analysis of funds Opnln8 In¢omln8 R*ure resources expended Transf•rs Not gain on between investments fvnds Closln8 bJl•n¢e as at 31 Mareh 2024 at IApril 2023 N¢)te Restricted Unrestrirted Desi8nated Totsl 18 397 555 1971 77 366 6.212 562 3.275 1,826 656 8.324 652 26 90 7,171 3,819 2,381 733 9,342 Prior year comparator Opening balance as at l April 2022 Incoming resources Resources expended Transfers Net gain on between Investments funds Closing balance as at 31 March 2023 Note Restrirted Unrestricted Designated Total 18 1.475 6.772 558 628 1.752 1.548 27 84 {1151 31 1381 11581 397 1.261 6,212 562 26 8,805. 1,889. 3,327. 11961 7,171. 39
Financial statements Notes to the accounts 18. Analysis of restricted funds Openi balaKe as resour$ ati Transfers Net gain on be1en investments Closing balance as at 31 March 2024 £0 2023 RestrKted funts: deburgh Community Hospitsl Armed Force5 and Veterans Furnl 62 62 Baltzer Legacy B10550m Appeal IPS Children's Appeal IPS Myeloma Travel COL ICENI Centre DeVeknpnt NHS Charity Together Com Grant Staff Benevolent Fur 78 31 {971 61 191 58 13 24 26 ICKJ li 195. 76 Cancer Wellbeing ESNE LOF Grants Felixstowe Totsl 555 197) 366 Prlor year comparator Openlng balance as Incomlng resources Resources expended Transfers Net loss on between investrnent5 funds Closlng balance a5 at 31 March 2023 at l Aprfl 2022 £(M)O £(0 Restricted fund5: AFUK Pamoja Project deburgh Community Hospital Armed Forces and Veterans Fund Baltzer Le8acy Blossom Appeal IPS BWAE Children's Appeal IPS Myeloma Travel COL ICENI Centre Development Ladies of SEN NHS Charity Together Com Grant PHOEBE Community Hub Sharing Parenting Staff Benevolent Fund 31 85 27 85 li 80 li 80 923 302 1.172 73 1221 31 14 59 195 98 202 1151 iii 121 85 28 24 103 96 18 223 21 12151 62 12 74 45 45 75 76 Volunteering Matters Total 22 22 1.475 628 1.752 138) 397 40
| Name of restricted fund | Description and purpose of the fund |
|---|---|
| AFUK Pamoja Project | NHS Charities Together Community ambition project for African Families in the UK |
| Aldeburgh Community Hospital | To accept grants and income for specific requests for the Aldeburgh Community Hospital |
| Grant | |
| Armed Forces and Veterans Fund | To fund the 'Delivering Armed Forces Advocacy' project and the FTE band 7 ‘Armed Forces Advocate’ |
| post | |
| Baltzer Legacy | To receive legacy income from Baltzer legacy while awaiting instructions from the estate on how the |
| monies are to be spent | |
| Blossom Appeal |
To accept donations towards the Ipswich Hospital Breast Care Centre appeal |
| BWAE | NHS Charities Together Community Grant ambition project for Bangladeshi Women’s Association of |
| Essex | |
| Cancer Wellbeing ESNEFT | To accept specific grants for the sole purpose of the cancer wellbeing centres at Colchester and Ipswich |
| Hospitals. | |
| Children’s Appeal |
To accept donations towards the Ipswich Hospital Child Health Centre appeal |
| D Peters Myeloma Travel |
To provide emergency travel grants for low-income myeloma patients |
| ICENI Centre Development | To raise funds to purchase Laparoscopic Advanced VR Training Equipment for use within the ICENI centre |
| at Colchester Hospital | |
| Ladies of SEN | NHS Charities Together Community Grant ambition project for the ladies of Suffolk Essex and Norfolk |
| LoF Grants Felixstowe | To accept specific grants from the League of Friends Felixstowe for the sole purpose of improvements to |
| the services at Felixstowe Community Hospital | |
| NHS Charity Together Community | NHS Charities Together Community Grant ambition project administration |
| Grant |
|
| PHOEBE Community Hub | NHS Charities Together Community Grant ambition project for PHOEBE Community hub which supports |
| BAME women during pregnancy and early motherhood. | |
| Sharing Parenting | NHS Charities Together Community Grant ambition project for Sharing Parenting project which helps |
| with health inequalities in the Newmarket area | |
| Staff Benevolent Fund | To accept specific grants and donations to utilise for the sole purpose of staff financial wellbeing support |
| Volunteering Matters | NHS Charities Together Community Grant ambition project Community project for Volunteering Matters |
Financial statements Notes to the accounts 19. Analysis of net assets Fixed assets Current assets Liabilities Total at 31 March 2024 £000 £000 Restricted funds: Aldeburgh Community Hospital Armed Forces and Veterans Fund 321 321 Baltzer Legacy Blossom Appeal IPS Children's Appeal IPS Myeloma Travel COL ICENI Centre Development NHS CharityTogether Com Grant Staff Benevolent Fund 58 20 78 io 795 792 13 19 26 73 28 loo 21 18 li 36 12 48 Cancer Wellbeing ESNEFT LOF Grants Felixstowe Designated funds: UTC Scanner Fund Unrestrlcted lunds 65 25 90 502 331 652 6,140 6.890 2.971 4.704 787 8,324 9.342 Total 2.252 Pric*r year comparator Fixed assets Current assets Liabilities Totsl at 31 March 2023 £000 £0 Restricted funds: AFUK Pamoja Project Aldeburgh Community Hospital Armed Forces and Veterans Fund Baltzer Legacy Blossom Appeal IPS BWAE 263 263 12 80 26 io 31 16 16 Children's Appeal IPS Myeloma Travel COL ICENI Centre Development NHS CharityTogether Com Grant PHOEBE Community Hub Shared Parenting Staff Benevolent Fund Volunteering Matters Designated funds: UTC Scanner Fund 72 727 714 85 21 82 24 96 15 16 16 li 13 li 76 li li 476 445 359 562 Unrestrirted funds 5.270 6,083 2.016 3,574 1,074 2,486 6,212 7,171 Total 42
Notes to the accounts 20. Provisions for liabilities There were no provisions made in the current or previous year and all approved charitable expenditure has been paid or accrued. 21. Loss on realisation of investments There were no realised losses on investments for the year ended 31 March 2024 (31 March 2023: £nil). 22. Contingencies There were no contingent liabilities as at 31 March 2024 (31 March 2023: £nil). 23 Commitments There were no additior)al commitments at 31 March 2024 other than those constructive obligations recognised within accruals in note 15. (31 March 2023- £nil). 24. Role of volunteers Colchester & Ipswich Hospitals Charity has the kind support of local volunteers who actively fundraise for the Charity by running or participating in events. Volunteers also support with other administrative and logistical tasks. In accordance with the Statement of Recommended Practice (Charities SORP FRS 102). due to the absence of any reliable measurement basis. the contribution of these volunteers is not recognised in the accounts. 25. Trustee and related party transactions 25.1 Trustee expenses reimbursed No expenses were reimbursed to the senior employees of the funds Corporate Trustee during the year (31 March 2023: £nil). See note 3 for other related party disclosures. 25.2 Trustee remuneration None of the senior employees of the Corporate Trustee received remuneration from the fund during the year (31 March 2023 £nil). 26. Designated Funds The unrestricted funds for the 2023124 accounts include £652k. which has been designated to go towards the purchasing and installation of a CT scanner for the new Urgent Treatment Centre at Ipswich Hospital (31 March 2023- £562k). 43
Legal and admin details
For the year ended 31 March 2024
Status
The charity is an NHS Charity. The organisation was established under a Declaration of Trust dated, 27 January 1995 which established the objects and powers of the organisation and amended by a Supplemental Deed on 5 July 2018.
Trustee
East Suffolk and North Essex NHS Foundation Trust is the corporate Trustee. A list of individual members of the Trust Board can be found on the Trust website.
In accordance with the charity’s declaration of Trust, the members of the NHS Trust’s Board of Directors acted as ex-officio Trustee of the Charitable Funds. The Trustee has delegated, within the written terms of reference, day to day management of the funds to the Charitable Funds Committee.
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Charity name and registration number Colchesta- & Ipswich Hospitals Charity is registered with the Charity Commission in EngaTh & Wales as East Suffolk and North Essex NHS FcndatiC Trust Charitable Fund Principal Advisors Bankers The Royal Bank of Scotland 36 St Andrew Square Edinburgh EH2 2YB Investment Accountants CCLA Investment Management Limited COIF Charity Funds 80 Cheapside London EC2V 6DZ Charwty rIstrati( numtw. 1048827. Registered office and address The accounting records and day-to-day administration of the charitable funds and its related activities are dealt with by East Suffolk and North Essex NHS Foundation Trust at its registered offices: Turner Road Colchester Essex Investment Advisers CCLA Senator House 85 Queen Victoria Street London EC4V 4ET Independent Auditors Ensors Accountants LLP Connexions 159 Princes Street Ipswich IPI IQI C04 SJL Telephone 0330 770 1369 Email charity@esneft.nhs.uk 45
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Abige
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thank you
The Trustee of East Suffolk and North Essex NHS Foundation Trust Charitable Funds (Colchester & Ipswich Hospitals Charity) would like to say thank you for the many generous donations from all our supporters. Without them we would be unable to support East Suffolk and North Essex NHS Foundation Trust so effectively.
together we make a difference
FUNDRAISING (FR) REGULATORRegistered with
Registered office: Colchester Hospital, Turner Road, Colchester, CO4 5JL : Charity teams based at Colchester and Ipswich Hospitals Colchester & Ipswich charity@esneft.nhs.uk0300 770 1369 H OS p itae | S colchesteripswichcharity.org.uk e ©RegisteredColchester charity & IpswichnumberHospitals1048827Charity 2024 All rights reserved. a r | ty Not to be reproduced in whole, or in part, without the permission of the copyright owner.