Isle of Wiolit
NHS Trust Charity
Supporting patients and 5tsff
NHS
151e of Wight
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Annual Report
and Accounts
2024-2025
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NHS Trust
## **Contents**
## **“**
I was hugely proud to officially take on the role as Head of Charity of the Isle of Wight NHS Trust Charity in 2024. Working alongside Portsmouth Hospitals Charity, as our respective Trusts work in partnership I hope will present us with many opportunities in the future.
I love visiting St Mary’s and seeing the difference the charity has already made. I’ve also been particularly proud of the way we have already introduced some initiatives which have already been a success across the Solent!
Enhancing patient care, and supporting staff welfare will be our priority. We will also support the Isle of Wight Ambulance Service who are an important part of the Isle of Wight NHS Trust. Looking forward to the future!
**Kate Sandys Head of Charity**
**04** Foreward from the Chair
**06** Our year in numbers
## **08**
## **10**
Supporting staff welfare
Your support in action – Enhancing patient care
## **12**
**15**
Our supporters Financial review
**36**
Charity information
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iow.nhs.uk/get-involved/charitable-funds | **3**
## **“ Message from the Chair**
I am delighted to introduce to you the Annual Report for the Isle of Wight NHS Trust Charity for the year ended 31 March 2025.
Following the partnership between Portsmouth Hospitals University NHS Trust and the Isle of Wight NHS Trust, the charity, although maintaining a separate registration is now able to share some resource with Portsmouth Hospitals Charity. As a result, in June 2024, the charity hosted a relaunch on site which was a great success.
As I take over as the new Chair of the Isle of Wight NHS Trust Charity, I am delighted to see the difference the Charity is making already across St Mary’s hospital. I am also hugely excited for the future and playing my part in its ongoing success.
**Jenni Douglas-Todd** Chair of Charity Board of Trustees
As I take over as the new Chair of the Isle of Wight NHS Trust Charity, I am delighted to see the difference the Charity is making already across St Mary’s hospital. I am also hugely excited for the future and playing my part in its ongoing success.
##
Some new income generation initiatives launched by the charity in 2024 were the sale of branded fleeces for staff, as well as our first event, a Santa Dash in Cowes! There are many more opportunities which we are working on which we hope will seek to increase our income, and our impact in years to come.
Finally, I would like to pass my thanks on to you, and all of our supporters who fundraise to help enhance patient care alongside our charity. Thanks must go to the Friends of St Mary’s volunteers who run the shop just inside the reception. Every year they raise money to support the charity with lots of different initiatives, and we are so grateful for their ongoing commitment.
In 2024/25, £84,000 was spent on improving patient care and staff welfare. We introduced the first ‘Dragon’s Den inviting all staff to submit project ideas. We were really pleased with the results, and you can read more about these on pages 10 and 11. We also supported the Staff Awards, which we are always proud to be associated with.
We have exciting times ahead, but we couldn’t achieve anything without your kind donations.
With best wishes,
Jenni Douglas-Todd
GreatCopse
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iow.nhs.uk/get-involved/charitable-funds | **5**
(o) Isle of Wight INHS eS 7 NHS Trust Charity Isle of Wight Supporting patients and staff Income Expenditure **Patient welfare Donations and amenity £65,059 £73,065** | i | 2. ese **Legacies Staff welfare £6,180 and amenity £11,409 Other income (including grants received)** : le cM & **INCLUDING: £5,515 Working Together £30,826** Hr S Tr st **Investment income ITU £16,222 £14,835 Stroke Services** > ma@ortinc atie —— **£7,780 Women & Children £4,816** 4 | N , et inv **Our year in numbers** @IOWNHSCharity a **6** | iow.nhs.uk/get-involved/charitable-funds iow.nhs.uk/get-involved/charitable-funds | **7**
## **Your support: Enhancing patient care**
**Throughout 2024-25, your generous donations allowed us to fund a wide range of projects that enhance patient care and staff wellbeing across the Trust.**
**As shown in this report, a lot of the changes made have gone towards the Children’s Department, a department where our youngest and sometimes most vulnerable patients need help the most!**
## **32" Smart TV**
Another addition to the Children’s Department that the charity made was a brand new 32" Smart TV. The TV was installed to make children’s stays in hospital more comfortable and less scary.
**Dionne Davies, one of our Play Specialists, said “we are incredibly grateful to the charity for kindly providing the television, which has made a real difference for our children and young people during their hospital stays. Being able to connect it to the PlayStation has brought much-needed entertainment and comfort during what can often be long and difficult admissions.”**
## **iPad for the Children’s Department**
One of the things the Charity have funded for the Children’s Department is an iPad, which can be taken around the department for children who need it.
The introduction of the iPad has had a positive impact on children who come to the department, helping to provide distraction and comfort when needed most.
## **“**
**The iPad has been a great success on the children’s ward for distraction during medical procedures. We predominately use it during blood tests or cannulations on the ward or in theatre. Although it has been used for children with additional needs to watch their favourite YouTube programmes. This creates a calm, engaged child who is focused on fun rather than a potentially painful procedure.**
**A simple app like making ice-creams or stacking pancakes can reduce anxiety, promoting resilience and coping strategies for the next medical intervention.**
## **Many thanks to the charity for this amazing addition to the children’s ward – it’s helped so many children during challenging treatments! -** Dionne Davies, Play Specialist
Staff from the Children’s Department with the gaming carts donated at Christmas - pictured **above left** and ICU staff with the pupilometer - pictured **above right**
## **Pupilometer**
We were able to provide the Intensive Care Unit with a brand new pupilometer.
## **Children’s Department Gaming Carts**
Beyond just entertainment, playing games can also encourage cognitive development and emotional well-being, all of which are incredibly important to a child’s overall healing process. The gaming carts mean that gaming can be easily brought to bedsides, playrooms, or treatment areas, ensuring accessibility for children with varying levels of mobility.
This was made possible thanks to the incredible generosity of our fundraisers and those who have donated to the Charity.
Christmas is the time for giving and giving to Charity is one of the best ways to help others during the festive period. This past Christmas, Gamer Reach Charity gave a generous donation of not one, but TWO gaming carts for our Children’s Department!
Pupilometers offer fast, accurate and non-invasive measurements of pupil size and reactivity which can be crucial in diagnosing and monitoring patients with head injuries, strokes or other neurological conditions.
Hospital visits can often be daunting and stressful for accessibility for children with children, especially when they varying levels of mobility. face extended treatments or **Dionne Davies, one of our Play** procedures. These gaming carts, **Specialists, said “The staff and** equipped with a variety of popular video games, offer a fun **I are pleased as punch with the** and engaging way to help take **gaming carts. They are going** their minds off medical **to be really popular and bring a** challenges, reduce anxiety, and **lot of joy to children as they** make their time in hospital more **recoup from their illness.”** positive.
**Becky Craig, ICU Sister, said “The team are looking forward to completing their training and using the new piece of equipment that will help us monitor the neurological status of our patients.”**
## **“**
**We are so grateful to Marie and the local community for working so hard to raise funds for us to purchase the pupilometer for our ICU here at St Mary’s Hospital. It is a very generous gift and will help enhance diagnostics within the ICU.** - Becky Craig, ICU Sister
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iow.nhs.uk/get-involved/charitable-funds | **9**
## **Supporting staff welfare**
## **PALS Office**
Another one of our Dragon’s Den’s 2024 projects looked at renovating the PALS office.
With the number of walk-ins into the PALS office increasing, it was decided that the seating and tables desperately needed replacing. A fridge was also requested in order to have a place for staff to keep their lunches, as well as milk and water for visitors.
Thanks to donations and fundraising, the PALS office received new furniture and a new fridge on order to enhance the area for staff and walk-in visitors!
**Samantha Johnson, our Patient Experience Lead, said “The staff who had previously been in or used the PALS office have mentioned how lovely the new furniture looks compared to the old.”**
## **Maintenance Break Room**
As part of our Dragon’s Den 2024 projects, we looked at renovating the Maintenance Break Room for the Estates team.
The project looked at procuring new seating and furniture, as well as replacing the kitchenette, flooring and repainting the walls to give the room more light, due to there not being very many windows.
The redecoration and renovation of the Maintenance Break Room has provided the maintenance team with a brighter, cleaner atmosphere. It has also created a more comfortable and usable space for the maintenance team to use during their rest period.
## **“**
**We were delighted to run our first ‘Dragon’s Den’ at St Mary’s to invite project ideas for funding from staff. We can really see the difference these projects have made to both patients and staff alike.**
- Kate Sandys, Head of Charity
**Left:** The fridge for the staff **Centre:** The left side of the **Right:** in the PALS office PALS office
**10** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds | **11**
**Thanks for your support! We want to thank everyone who gave to Isle of Wight NHS Trust Charity last year, whether it be financially, with gifts in kind, or with your time. We can’t thank you enough. We can’t mention everyone, but we are so grateful to everyone who gave us their support.**
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**FINANCIAL REVIEW**
## **Financial review ANNUAL ACCOUNTS 2024/25**
iiow.nhs.uk/get-involved/charitable-funds| **15**
**FINANCIAL REVIEW**
## **Finance Review**
The net assets of the Charity as at 31 March 2025 were £330,000 (compared with £362,000 on 31 March 2024). This is a decrease of £32,000 during the year.
The General (Unrestricted) Fund decreased by £6,000 to £45,000, the designated funds increased by £1,000 to £145,000 and the restricted funds decreased by £27,000 to £140,000.
During 2024/25, the Charity received a total income of £91,000 a decrease of £134,000 on the previous year.
Expenditure during 2024/25 totalled £123,000 a decrease of £54,000 from the previous year. Patient welfare and amenities benefitted from expenditure of £73,000
## **Reserves and Investments**
The Charity Board has established a reserves policy. We have agreed that the level of the reserves should be a minimum of £200,000, which is equal to approximately one year’s operational costs and estimated annual commitments. This amount can be revised at any time according to relevant circumstances.
The Charity’s total reserves stand at £330k and are calculated as follows:
Unrestricted Reserves – General Fund £ 45,000 Unrestricted Reserves – Designated Fund £ 145,000 Restricted Reserves £ 140,000 Total Reserves £ 330,000
The Charity Board will make every effort to spend designated funds within a reasonable period of receipt. Designated funds not spent within a reasonable period are reviewed and the likelihood that funds will be committed soon considered. Where the designated funds are no longer required, the fund will be closed and transferred to reserves. The Charity expects to utilise as much of the available funds as possible in furtherance of its objectives
Cash is held within the Charities Official Investment Fund (COIF) specifically designed for charities which obtains a competitive investment income return during the year.The movement in interest rates affects the income received.
## **Risk Management**
As part of the business planning for the Charity, the Charity Board has considered the major risks to which the Charity is exposed. It has reviewed systems and identified steps to mitigate the major risks to which the Charity is exposed
## **Partnership Working**
We remain indebted to the work of the volunteers of the Isle of Wight Friends of St Mary’s, who raise thousands of pounds each year for St Mary’s Hospital and to the many members of staff who give up much of their spare time to fund raise. On behalf of the staff and patients who have benefited from improved services due to donations and legacies, the Charity Board would like to thank all patients, relatives and staff who have made charitable donations.
## **Future Plans**
The aims and objectives for the next twelve months are to continue to work to deliver on our four-year strategy. The Charity will reach the end of this strategy in 2028 so will be resetting our aims. This will involve stakeholder engagement and approval by the Charity Board of Trustees.
For 2025/26, the team will deliver against three key priority aims as follows: Enhancing patient care Supporting staff well being Advancing medical research
In addition to these, three supporting goals have been added as follows: Growing support Growing our influence Effective organisation
**16** | iow.nhs.uk/get-involved/charitable-funds
**FINANCIAL REVIEW**
## **Statement of trustee’s responsibilities**
## **Independent Examiners Report to the Trustee of Isle of Wight NHS Charity**
The Corporate Trustee is responsible for:
keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the funds held on trust and to enable them to ensure that the accounts comply with requirements in the Charities Act 2011 and those outlined in the directions issued by the Secretary of State; establishing and monitoring a system of internal control; and establishing arrangements for the prevention and detection of fraud and corruption.
The Corporate Trustee is required under the Charities Act 2011 and the National Health Service Act 1977 to prepare accounts for each financial year. The Secretary of State, with the approval of the Treasury, directs that these accounts give a true and fair view of the financial position of the funds held on trust, in accordance with the Charities Act 2011.In preparing those accounts, the trustees are required to:
apply on a consistent basis accounting policies laid down by the Secretary of State with the approval of the Treasury; make judgements and estimates which are responsible and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention or detection of fraud and other irregularities
The Corporate Trustee confirms that they have met the responsibilities set out above and complied with the requirements for preparing the accounts. The financial statements set out on pages 20 to 35 attached have been compiled from and are in accordance with the financial records maintained by the trustees.
By Order of the Trustee -
Signed:
## Chair
Jenni Douglas-Todd Date: 28.11.25
Trustee
Penny Emerit Date: 28.11.25
## I **ndependent examiner’s report to the trustee of Isle of Wight NHS Charity**
I report to the trustee on my examination of the accounts of the Isle of Wight NHS Charity (the Charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustee of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## I **ndependent examiner’s statement**
I have completed my examination. I confirm that no material 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 Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts 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 accounts to be reached.
Adam Fullerton FCA DChA
For and on behalf of Moore Kingston Smith LLP
9 Appold Street
London
EC2A 2AP
Date: 2 December 2025
**18** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds | **19**
**Statement of Financial Activities for the year ended 31st March 2025**
**Balance Sheet as at 31st March 2025**
|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|Note
Unrestricted Funds
£’000
Restricted Funds
£’000
**Total Funds**
**2024/25**
**£’000**
Total Funds
2023/24
£’000
ee|
|---|---|---|---|---|---|
|**Income and Endowments from:**||||||
|Donations and Legacies|4|68|3|**71**|134|
|Other Trading Activities||4|0|**4**|0|
|Investment Income|6|9|6|**15**|13|
|Other||1|0|**1**|78|
|**Total Incoming Resources**||**82**|**9**|**91**|**225**|
|**Resources Expended:**||||||
|Raising Funds|7|5|16|**21**|22|
|**Charitable Activities**|8|||||
|_Patient Welfare and Amenity_||61|12|**73**|104|
|_Staff Welfare and Amenity_||10|0|**10**|22|
|_Staff Education - Courses & Resources_||1|0|**1**|29|
|Other|9|10|8|**18**|0|
|**Total Resources Expended**||**87**|**36**|**123**|177|
|||||||
|**Net (outgoing)/incoming resources**
**before transfers**||(5)|(27)|(32)|48|
|Transfers:- Gross transfers between
funds|19|0|0|**0**|0|
|**Net (outgoing)/incoming resources**||||||
|**before other recognised gains and**||(5)|(27)|**(32)**|48|
|**losses**||||||
|||||||
|**Net Movement in Funds**||(5)|(27)|**(32)**|48|
|**Reconciliation of Funds**||||||
|Fund balances brought forward from
previous year||195|167|**362**|314|
|**Fund Balances carried forward**||**190**|**140**|**330**|362|
||Note|Unrestricted Funds
£’000|Restricted Funds
£’000|**Total**
**31 March 25**
**£’000**|Total
Funds 23/24
£’000|
|---|---|---|---|---|---|
|**Fixed Assets**||||||
|Investments|14|164|121|**285**|285|
|**Total Fixed Assets**||164|121|**285**|285|
|**Current Assets**||||||
|Debtors|15|13|10|**23**|45|
|Cash at bank and in hand|16|34|40|**74**|79|
|**Total Current Assets**||47|50|**97**|124|
|**Liabilities**||||||
|Creditors: Amounts falling due
within one year|17|21|31|52|**47**|
|**Net Current Assets**||26|19|45|77|
|||||||
|**Total Assets Less Current**
**Liabilities**||190|140|**330**|**362**|
|**Funds of the Charity**||||||
|Restricted Income Funds||0|140|**140**|**167**|
|Unrestricted Income Funds||190|0|**190**|**195**|
|**Total Charity Funds**||190|140|**330**|**362**|
The notes at pages 22 to 35 form part of these accounts.
Signed: Penny Emerit Date: 28.11.25
The notes at pages 22 to 35 form part of this account.
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iow.nhs.uk/get-involved/charitable-funds | **21**
**Statement of cash flows for the year ending 31st March 2025**
## **Notes to the Accounts - continued**
**----- Start of picture text -----**
Total Total
Notes Funds 24/25 Funds 23/24
£’000 £’000
**----- End of picture text -----**
|**Notes**|**Total**
**Funds 24/25**
**£’000**
**Total**
**Funds 23/24**
**£’000**|
|---|---|
|**Cash flows from operating activities:**
**Net cash provided by (used in) operating activities**
18
**Cash flows from investing activities:**
Dividends, interest and rents from investments
**Net cash provided by investing activities**
**_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**||
||(20)
26|
||15
13|
||15
13|
||**(5)**
39
79
40|
||74
79|
## **Notes to the Accounts**
## **1. Accounting Policies**
## **(a) Basis of preparation**
## **b) Structure of funds**
Where there is a legal restriction on the purpose to which a fund may be put, the fund is designated in the accounts as a restricted fund. Funds where the capital is held to generate income for charitable purposes and cannot itself be spent are accounted for as endowment funds. Other funds are classified as unrestricted funds. Funds which are not legally restricted but which the Trustees have chosen to earmark for set purposes are designated funds. The major funds held in these categories are disclosed on notes 20.1 and 20.2.
The financial statements have been prepared under the historic cost convention, with the exception of investments which are included at fair value.
The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: 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) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The Corporate Trustee considers that there are no material uncertainties about the IOW NHS Trust Charitable Funds ability to continue as a going concern. There are no material uncertainties affecting the current year’s accounts.
In future years, the key risks to the Charity are a fall in income from donations.
## **c) Incoming Resources**
a) All incoming resources are included in full in the Statement of Financial Activities as soon as the following three factors can be met:
entitlement - arises when a particular resource is receivable or the charity's right becomes legally enforceable;
certainty - when there is reasonable certainty that the incoming resource will be received; measurement - when the monetary value of the incoming resources can be measured with sufficient reliability.
## b) Legacies
Legacies are accounted for as incoming resources once the receipt of the legacy becomes reasonably certain. This will be once confirmation has been received from the representatives of the estates that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled.
c) There are no unfulfilled conditions or other contingencies attaching to resources from non-exchange transactions that have not been recognised in income.
## **d) Resources expended and irrecoverable VAT**
The funds held on trust accounts are prepared in accordance with the accruals concept.All expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## a) Cost of generating funds
The cost of generating funds are the costs associated with generating income for the funds held on trust.
## b) Grants payable
Grants payable are payments, made to third parties (including NHS bodies) in the furtherance of the funds held on trust's charitable objectives to relieve those who are sick. They are accounted for on an accruals basis where the conditions for their payment have been met or where a third party has a reasonable expectation that they will receive the grant. This includes grants paid to NHS bodies.
## c) Support Costs
These are accounted for on an accruals basis and are recharges of appropriate proportions of the costs from the Isle of Wight NHS Trust, apart from the audit fee.
## **e) Fixed Assets**
The only fixed assets that the Fund has are investments assets.
## **f) Investment Fixed Assets**
Investment fixed assets are shown at market value. Other investment fixed assets are included at trustees' best estimate of market value.
## **g) Debtors**
Debtors are amounts owed to the Charity. They are measured on the basis of their recoverable amount.
## **h) 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 savings accounts.
## **i) Creditors**
Creditors are amounts owed by the Charity. They are measured at the amount the Charity expects to have to pay to settle the debt.
Amounts which are owed in more than a year are shown as log term creditors.
## **j) Realised gains and losses**
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investment are calculated as the difference between sales proceeds and opening market value (or the value at date of purchase if later). Unrealised gains and losses are calculated as the difference between market value at the year end and opening market value (or value at date of purchase if later).
The Charity is a public benefit entity.
**22** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds | **23**
## **Notes to the Accounts - continued**
## **k) Value Added Tax (VAT)**
No income is generated by the charity which includes VAT. Purchases made by the charity are subject to VAT. Purchases of a medical nature are liable to zero
rated VAT when purchased by the charity and VAT zero rated certificates are sent when ordering these goods. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **2. Prior year comparatives by type of fund**
## **2.1 Unrestricted Funds - Statement of Financial Activities for the year ended 31 March 2025**
**----- Start of picture text -----**
Total Funds Total Funds
2024/25 2023/24
£’000 £’000
**----- End of picture text -----**
|**Income and Endowments from:**
Donations and Legacies
Charitable Activities
Other Trading Activities
Investment Income
Other
**Total Incoming Resources**
**Resources Expended:**
Raising Funds
**Charitable Activities**
_Patient Welfare & Amenities_
_Staff Welfare & Amenities_
_Staff Education - Courses & Resources_
Other
**Total Resources Expended**
**Net (outgoing)/incoming resources before transfers**
Transfers:- Gross transfers between funds
**Net (outgoing)/incoming resources before other**
**recognised gains and losses**
Other recognised gains and losses
Gains on revaluation of fixed assess for charity’s own use
Gains/losses on investment assets
Acturial gains/losses on defined benefit pension schemes
**Net Movement in Funds**
**Reconciliation of Funds**
Fund balances brought forward from previous year
**Fund Balances carried forward**|**68**
94
**0**
0
**4**
0
**9**
7
**1**
48|
|---|---|
||**82**
149|
||**5**
1
**61**
78
**10**
16
**1**
31
**10**
0|
||**87**
126|
|||
||**(5)**
23|
||**0**
4|
||**(5)**
27|
||**0**
0
**0**
0
**0**
0|
||**(5)**
27|
||**195**
168|
||**190**
**195**|
|||
## **Notes to the Accounts - continued**
## **2.1 Unrestricted Funds - Balance Sheet as at 31 March 2025**
**----- Start of picture text -----**
Total Total
31 March 2025 31 March 2024
£’000 £’000
**----- End of picture text -----**
|**Fixed Assets**
Investments
**Total Fixed Assets**
**Current Assets**
Debtors
Short term investments and deposits
Cash at bank and in hand
**Total Current Assets**
**Liabilities**
Creditors: Amounts falling due within one year
**Net Current Assets**
**Total Assets Less Current Liabilities**
Creditors: Amounts falling due after more than one year
**Total Net Assets**|**164**
155|
|---|---|
||**164**
155|
||**13**
15
**0**
0
**34**
50|
||**47**
65|
||**21**
25|
||**26**
40|
|||
||**190**
195|
||**0**
0|
||**190**
**195**|
|||
**24** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **25**
**Notes to the Accounts - continued**
**Notes to the Accounts - continued**
## **2.2 Restricted Funds - Statement of Financial Activities for the year ended 31 March 2025**
**----- Start of picture text -----**
Total Funds Total Funds
2024/25 2023/24
£’000 £’000
**----- End of picture text -----**
|**Income and Endowments from:**
Donations and Legacies
Charitable Activities
Other Trading Activities
Investment Income
Other
**Total Incoming Resources**
**Resources Expended:**
Raising Funds
**Charitable Activities**
_Patient Welfare & Amenities_
_Staff Welfare & Amenities_
_Staff Education - Courses & Resources_
Other
**Total Resources Expended**
**Net (outgoing)/incoming resources before transfers**
Transfers:- Gross transfers between funds
**Net (outgoing)/incoming resources before other**
**recognised gains and losses**
Other recognised gains and losses
Gains on revaluation of fixed assess for charity’s own use
Gains/losses on investment assets
Acturial gains/losses on defined benefit pension schemes
**Net Movement in Funds**
**Reconciliation of Funds**
Fund balances brought forward from previous year
**Fund Balances carried forward**|**3**
40
**0**
0
**0**
0
**6**
6
**0**
30|
|---|---|
||**9**
76|
||**16**
21
**12**
26
**0**
6
**0**
(2)
**8**
0|
||**36**
51|
|||
||**(27)**
25|
||**0**
(4)|
||**(27)**
21|
||**0**
0
**0**
0
**0**
0|
||**(27)**
21|
||**167**
146|
||**140**
**167**|
|||
## **2.2 Restricted Funds - Balance Sheet as at 31 March 2025**
**----- Start of picture text -----**
Total Total
31 March 2025 31 March 2024
£’000 £’000
Fixed Assets
**----- End of picture text -----**
|Investments
**Total Fixed Assets**
**Current Assets**
Debtors
Short term investments and deposits
Cash at bank and in hand
**Total Current Assets**
**Liabilities**
Creditors: Amounts falling due within one year
**Net Current Assets**
**Total Assets Less Current Liabilities**
Creditors: Amounts falling due after more than one year
**Total Net Assets**|**121**
130|
|---|---|
||**121**
130|
||**10**
30
**0**
0
**40**
29|
||**50**
59|
||**31**
22|
||**19**
37|
|||
||**140**
167|
||**0**
0|
||**140**
**167**|
|||
## **3 Related Party Transactions**
The Isle of Wight NHS Trust as Corporate Trustee receives the majority of the benefit provided by Charitable Funds. However, the individual members have not undertaken any material transactions with the Isle of Wight NHS Trust Charitable Funds during the year. There were no recharges for staff employed by Isle of Wight NHS Trust but as a result of the partnership with Portsmouth Hospitals University NHS Trust there were staff recharges totalling £11,061. of which £8,409 were funded within an NHS Charities together grant. .
**26** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **27**
## **Notes to the Accounts - continued**
## **4 Income from donations and legacies**
|Donations from individuals
Corporate Donation
Legacies
**Total**|Unrestricted Funds
£’000
56
9
3|Restricted Funds
£’000|
|---|---|---|
||68|3
**71**
134|
||||
## **5 Role of Volunteers**
Lke all charities, the IOW NHS Trust Charitable Fund is reliant on many volunteers for their involvement in fundraising by way of organising, publicising or undertaking physical challenges to raise funds for all areas of the Trust. The volunteers consist of members of the public and employees of IOW NHS Trust.
In accordance with the SORP, due to the absence of any reliable measurement basis, the contribution of these volunteers is not recognised in the accounts.
## **Notes to the Accounts - continued**
## **9 Analysis of Other expenditure**
**----- Start of picture text -----**
Total Total
Unrestricted Funds Restricted Funds
31 March 2025 31 March 2024
£’000 £’000
£’000 £’000
**----- End of picture text -----**
|Admiral Nurses
Afton Ward
CCAHMS
Community Heart Failure
Community Unit
Mental Health JC Legacy
Sevenacres Staff Fund
Wig Fund
Stroke Early Disc Team
**Total**|1
0
3
2
1
0
0
2
1|0
**1**
0
0
**0**
0
0
**3**
0
0
**2**
0
0
**1**
0
8
**8**
0
0
**0**
0
0
**2**
0
0
**1**
0|
|---|---|---|
||**10**|**8**
**18**
0|
||||
Mental Health and Community Services were transferred to Southern Health NHS Trust in May 2024, the fund balances above represent charitable funds relevant to those areas and were transferred to Southern Health NHS Trust.
**Your paragraph text**
## **6 Total gross Income from investments**
## **10 Allocation of Support Costs and Overheads**
||**2025**
**Held in UK Total**
**£’000**
2024
Held in UK Total
£’000|
|---|---|
|COIF Interest
**Total**|**15**
13|
||**15**
13|
|||
## **7 Analysis of expenditure on Raising Funds**
|Fundraising - other costs
Fundraising - staff costs
**Total**|Unrestricted Funds
£’000
4
0|Restricted Funds
£’000|Support Costs
£’000|
|---|---|---|---|
||4|14
3
**21**
22||
|||||
## **8 Analysis of Charitable Expenditure**
|Activities Undertaken
Directly
£’000
Patient Welfare & Amenities (inc.
equipment)
0
Staff Welfare & Amenities
0
Staff Education - Resources
0
Staff Education - Courses
0
**Total**
0|Activities Undertaken
Directly
£’000
Patient Welfare & Amenities (inc.
equipment)
0
Staff Welfare & Amenities
0
Staff Education - Resources
0
Staff Education - Courses
0
**Total**
0|Grant Funded
Activity
£’000|Support Costs
£’000|
|---|---|---|---|
||0|76
8
**84**
141||
|||||
Your paragraph text
**----- Start of picture text -----**
Charitable Total Total
Raising Funds Basic of
Activities 31 March 2025 31 March 2024
£’000 Allocation
£’000 £’000 £’000
**----- End of picture text -----**
|inance
nformation Technology
Audit - Internal
Audit - External
ndemnity Insurance
**Total**
Unrestricted Funds
Restricted Funds
**Total**|0
0
0
0
0|3
**3**
16
0
**0**
3
0
**0**
2
See note below
5
**5**
4
3
**3**
3|
|---|---|---|
||0|11
**11**
28|
||||
||0|8
**8**
15|
||0|3
**3**
12|
||0|11
**11**
27|
||||
Support costs are allocated in a two stage process. On a monthly basis, we take 5% of each donation and transfer it to “Administration Expenses”. At the end of the year, this is allocated against the total support costs. If the total exceeds the available contribution then the balance is apportioned across all funds.
For annual accounts reporting purposes, the total value of support costs is then allocated on a pro-rata basis against expenditure activities (see notes 7 & 8).
IOW finance staff and Information Technology are no longer recharged to the Charity. We are now recharged fundraising staff costs from Portsmouth Charity.
## **11 Trustees Remuneration & Expenses**
The Trustees have received no remuneration or expenses in 2024/25.
**28** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **29**
## **Notes to the Accounts - continued**
## **12 Analysis of Staff Costs**
||**Total**
**31 March 2025**
**£’000**
Total
31 March 2024
£’000|
|---|---|
|Salaries & wages
Social security costs
Other pension costs
**Total**
Average monthly number of employees in the year|**3**
13
**0**
2
**0**
1|
||**3**
16|
|||
||**2**
2|
Employees: Senior Financial Accountant and Financial Accountant - both full time members of staff with IOW NHS Trust. Neither of the employees had emoluments in excess of £60,000.
In 2024/25 IOW NHS Trust started working in partnership with Portsmouth Hospitals University NHS Trust and in order to align processes between the two charities, the IOW finance staff recharge was ceased. Instead, a proportion of the Portsmouth Charity Team salaries was recharged. This was mostly funded by a grant from NHS Charities Together leaving only a balance of £2652.17 to be allocated as part of the support costs.
## **13 Independent Examiner’s remuneration**
## **Notes to the Accounts - continued**
## **16 Analysis of cash and cash equivalents**
||**Total**
**31 March 2025**
**£’000**
Total
31 March 2024
£’000|
|---|---|
|Cash in hand
**Total cash and cash equivalents**|**74**
79|
||**74**
79|
## **17 Analysis of Current Liabilities**
||**Total**
**31 March 2025**
**£’000**
Total
31 March 2024
£’000|
|---|---|
|**Amounts falling due within one year:**
Other creditors
Accruals
Deferred income
**Total creditors falling due within one year**|**47**
39
**5**
8
**0**
0|
||**52**
47|
The Independent Examiner’s remuneration of £5,000 (2023/24: £6,200) represents external audit only. The cost related solely to the audits with no other additional work being undertaken.
## **14 Analysis of Fixed Asset Investments**
## **18 Reconciliation of net income/(expenditure) to net cash flow from operation activities**
||**Total**
**31 March 2025**
**£’000**
Total
31 March 2024
£’000|
|---|---|
|Market value at 31 March
Less: Disposals at carrying value
Add: Acquisitions at cost
Net gain on revalution
**Market value at 31 March**
Historic cost at 31 March|**285**
285
**0**
0
**0**
0
**0**
0|
||**285**
285|
|||
||**285**
285|
Note: These investments are all held with CCLA Investments in a Charities Official Investment Fund (COIF).
## **15 Analysis of Current Debtors**
**----- Start of picture text -----**
Total Total
31 March 2025 31 March 2024
£’000 £’000
Net income/(expenditure) for 2022/23 (as per the
(32) 48
**----- End of picture text -----**
|**tatement o nanca ctvtes)**
**Adjustments for:**
Depreciation charges
(Gains)/losses on investments
Dividends, interest and rents from investments
Loss/(profit) on the sale of fixed assets
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by (used in) operating activities**|**0**
0
**0**
0
**(15)**
(13)
**0**
0
**0**
0
**22**
(1)
**5**
(8)|
|---|---|
||**(20)**
26|
||**Total**
**31 March 2025**
**£’000**
Total
31 March 2024
£’000|
|---|---|
|**Amounts falling due within one year:**
Accrued income
Other debtors
**Total debtors falling due within one year**|**23**
43
**0**
2|
||**23**
45|
**30** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **31**
**Notes to the Accounts - continued**
## **Notes to the Accounts - continued**
## **19 Details of transfers between funds**
## **20 Analysis of Funds**
## **20.1 Restricted Funds**
|**Transfer From Fund**|**Transfer To Fund**
**Reason**
**Amount**
**£**
**Fund Type**|
|---|---|
|NHSCT Development Grant -
Fundraising
Working Together
Accident & Emergency
Alverstone Ward
Ambulance General
Appley Ward
Breast Screening Ward
Research Development Fund
Colwell Ward
Diabetic Centre
Acute Assessment Unit
Ophthalmic Department
Compton Ward (old Rehab Unit)
Respiratory Department
Rheumatology Fund
Urology Unit
Cardiac Investigations
Accident & Emergency
Breast Care
Cancer CNS
Research Development Fund
Chapel
Chemotherapy
Colwell Ward
Coronary Care Unit
Intensive Therapy Unit
Luccombe Ward
Orthopaedic Department
Respiratory Department
Rheumatology Fund
St Helens Ward
Stoma Care
Stroke Services
Women & Childrens Care
End of Life Care
Staff Health & Wellbeing Events|Working Together
171.35
Restricted
ME/MEO & Bereavement
9.50
Unrestricted
Working Together
Static fund
336.84
Unrestricted
Working Together
Static fund
97.90
Unrestricted
Working Together
Static fund
9.17
Unrestricted
Working Together
Static fund
11.08
Unrestricted
Working Together
Static fund
-1.12
Unrestricted
Working Together
Static fund
1,657.31
Unrestricted
Working Together
Static fund
437.09
Unrestricted|
||Working Together
Static fund
81.66
Unrestricted|
||Working Together
Static fund
688.51
Unrestricted|
||Working Together
Static fund
774
Unrestricted|
||Working Together
Static fund
66.09
Unrestricted|
||Working Together
Static fund
1,741.46
Unrestricted|
||Working Together
Static fund
1,429.70
Unrestricted|
||Working Together
Static fund
194.59
Unrestricted|
||Working Together
Static fund
-0.59
Unrestricted|
||Training Fund
Agreed contribution
202.11
Unrestricted|
||Training Fund
Agreed contribution
412.04
Unrestricted|
||Training Fund
Agreed contribution
757.02
Unrestricted|
||Training Fund
Agreed contribution
994.38
Unrestricted|
||Training Fund
Agreed contribution
757.86
Unrestricted|
||Training Fund
Agreed contribution
3,191.84
Unrestricted|
||Training Fund
Agreed contribution
262.25
Unrestricted|
||Training Fund
Agreed contribution
10.04
Unrestricted|
||Training Fund
Agreed contribution
1,179.27
Unrestricted|
||Training Fund
Agreed contribution
23.70
Unrestricted|
||Training Fund
Agreed contribution
84.21
Unrestricted|
||Training Fund
Agreed contribution
1044.84
Unrestricted|
||Training Fund
Agreed contribution
857.85
Unrestricted|
||Training Fund
Agreed contribution
35.80
Unrestricted|
||Training Fund
Agreed contribution
112.61
Unrestricted|
||Training Fund
Agreed contribution
2,478.21
Unrestricted
U
id|
||Training Fund
Agreed contribution
1,453.90
Unrestricted
nrestrcte|
||Training Fund
Agreed contribution
2,579.04
Unrestricted|
||Training Fund
Agreed contribution
57.84
Unrestricted|
**----- Start of picture text -----**
Balance Incoming Resources Gains and Balance
Material Transfers
31 March 2024 Resources Expended Losses 31 March 2025
funds £’000
£’000 £’000 £’000 £’000 £’000
A Healing Arts 4 0 0 0 0 4
**----- End of picture text -----**
||Balance
31 March 2024
£’000
Incoming
Resources
£’000
Resources
Expended
£’000
Transfers
£’000
Gains and
Losses
£’000
**Balance**
**31 March 2025**
**£’000**
4
0
0
0
0
**4**|
|---|---|
|B
Legacy
C
Legacy
E
Legacy
G
NHS Charities Together
Grant
I
Legacy
J
Legacy
K
Legacy
:L
Legacy
M
Legacy
N
NHS Charities Together
Grant
**Total**|10
0
0
0
0
**10**
57
2
(11)
0
0
**48**
21
1
0
0
0
**22**|
||17
1
0
0
0
**18**|
||8
0
(8)
0
0
**0**
2
0
(2)
0
0
**0**
10
4
(1)
0
0
**13**
19
1
0
0
0
**20**
5
0
0
0
0
**5**
14
0
(14)
0
0
**0**
0
**0**|
||**167**
**9**
**(36)**
**0**
**0**
**140**|
- **Name of Fund Description of the nature and purpose of each fund** Link arts with healthcare to improve recovery & promote well-being. Funds are
- A Healing Arts reserved for maintenance & repairs to existing art works
- B Restricted Legacy (Laidlaw) Legacy bequeathed for Laidlaw Day Hospital C Restricted Legacy (ITU) Legacy bequeathed for Intensive Care E Restricted Legacy (CCU) Legacy bequeathed for Coronary Care Unit F Mental Health Grant Grant received from Richmond Fellowship for Mental Health - now closed Grants received from NHSCT following Covid appeals for patient and staff
- G NHS Charities Together Grant wellbeing
- H NHS Charities Together Grant Grant received from NHSCT for Dementia Navigator Project - now closed I Restricted Legacy (Mental Health) Legacy bequeathed for Mental Health Services J Restricted Legacy (Eye Department) Legacy bequeathed for Eye Department K Restricted Legacy Legacy bequeathed for hospital equipment L Restricted Legacy Legacy bequeathed for Breast Care (PM) M Restricted Legacy Legacy bequeathed for Breast Care (JH) N NHS Charities Together Grant Grant received from NHSCT for Fundraising Development
**32** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **33**
**Notes to the Accounts - continued**
**Notes to the Accounts - continued**
## **20.2 Unrestricted Funds**
The purpose of all Unrestricted funds is to benefit patient and staff welfare including education and training where appropriate.
**----- Start of picture text -----**
Balance as at Incoming Resources Transfers Gains/ Balance as at
01/04/2024 Resources Expended Losses 31/03/2025
£ £ £ £ £ £
Working Together Fund 51,261 17,071 (30,826) 7,675 0 45,182 Note 1
Designated Funds
Breast Care 1,994 1,546 (932) (412) 0 2,196
Cancer CNS 3,785 151 (72) (757) 0 3,107
CCAMHS 3,314 0 (3,314) 0 0 0
Research Development Fund 6,629 176 (239) (2,652) 0 3,914
Chapel 4,112 340 (1,028) (758) 0 2,665
Chemotherapy 31,918 8,624 (1,206) (3,192) 0 36,145
Colwell Ward 1,748 48 (25) (699) 0 1,073
Community Heart Failure 2,494 0 (2,494) 0 0 0
Coronary Care Unit 50 0 (40) (10) 0 (0)
End of Life Care 22,964 14,266 (3,616) (2,579) 0 31,035
Intensive Therapy Unit 13,044 1,918 (5,684) (1,179) 0 8,098
Paediatrics Diabetes 0 4,318 (299) 0 0 4,019
Respiratory Department 6,886 1,205 (1,054) (2,786) 0 4,251
Rheumatology Fund 5,719 158 (80) (2,288) 0 3,509
Stroke Services 11,733 954 (7,780) (2,478) 0 2,429
Training Fund 10,012 1,259 245 16,495 0 28,010
Wig Fund 2,370 0 (2,370) 0 0 (0)
Women & Children’s Care 5,676 9,608 (4,816) (1,454) 0 9,014
Other funds with movements
See next
less than £1000 or balances less 9,608 3,257 (4,666) (2,754) 0 5,445
section
than £4000**
Friends of St Marys (0) 17,015 (17,015) 0 0 (0)
Subtotal 195,318 81,913 (87,312) 172 0 190,090
Rounded £’000 195 82 (87) 0 0 190
**----- End of picture text -----**
_Note 1 - Previously named the General Fund_
## **20.2 Unrestricted Funds (Continued)**
## ****Breakdown of other funds with movements less than £1,000 or balances less than £4,000****
**----- Start of picture text -----**
Balance as at Incoming Resources Transfers Gains/ Balance as at
01/04/2024 Resources Expended Losses 31/03/2025
£ £ £ £ £ £
Accident & Emergency 1,347 19 (413) (539) 0 414
Admiral Nurses 798 95 (893) 0 0 0
Afton Ward 178 0 (178) 0 0 (0)
Alverstone Ward 98 0 0 (98) 0 (0)
Ambulance General 9 63 (4) (9) 0 58
Appley Ward 11 0 0 (11) 0 0
Breast Screening Unit 31 0 (32) 1 0 0
Cardiac Investigations 16 0 (17) 1 0 0
Childrens Community Fund 539 808 (67) 0 0 1,280
Community Unit 896 500 (1,396) 0 0 0
Stroke Early Disc Team 653 0 (652) 0 0 0
Diabetic Centre 82 0 0 (82) 0 (0)
Endoscopy Unit 578 27 (14) 0 0 591
Luccombe Ward 118 1 (76) (24) 0 19
Acute Assessment Unit 669 0 0 (669) 0 (0) Note 1
ME/M EO & BEREAVEMENT 479 22 (225) 0 0 275
Opthalmic Department 774 0 0 (774) 0 0
Orthopaedic Department 421 15 (8) (84) 0 344
Compton Ward (old Rehab Unit) 66 0 0 (66) 0 (0)
Sevenacres Staff Fund 8 0 (8) 0 0 (0)
Staff Health and Wellbeing Events 322 79 (337) (58) 0 (0)
St Helens Ward 179 213 (18) (36) 0 339
Stoma Care 589 21 (38) (113) 0 460
Urology Unit 195 0 0 (195) 0 (0)
Volunteer Services 0 1,229 (267) 0 0 963
Whippingham Ward 277 1,229 (17) 0 0 419
Sabeena Allahdin Research 277 159 (6) 0 0 283
Total 9,608 3,257 (4,666) (2,754) 0 5,445
**----- End of picture text -----**
_Note 1 - Previously named Medical Assessment Unit_
## **21 Contacting the Charity**
## **Fundraising advice can be obtained from the following contacts:**
The Charity Support Team on 01983 822099 ext 6274. Website: www.iow.nhs.uk/get-involved/chairtable-funds Email: iownt.charity@nhs.net
Please direct any other query relating to the Charity to:
Laura Barnes - laura.barnes14@nhs.net Katie Parrott - katie.parrott@nhs.net
**34** | iow.nhs.uk/get-involved/charitable-funds
iow.nhs.uk/get-involved/charitable-funds| **35**
## **Charity Information**
Members of the Trust Board who have acted on behalf of the Corporate Trustee are members of the Charity Board of Trustee with voting rights. In 2024/2025 these members included:
The Isle of Wight NHS Trust Charity was registered with the Charity Commission as an NHS Charity by Declaration of Trust in September 1995, charity number 1049606.
The Charity has a Corporate Trustee: Isle of Wight NHS Trust (the Trust). Isle of Wight NHS Trust Charity is a registered member of the Fundraising Regulator and adheres to the Codes of Fundraising Practice.
**----- Start of picture text -----**
Name Title From Until
Charity Board of Trustees - Executive Directors with Voting Rights
In post at 31st March 2024 or having left during the year ended 31st March 2025
Penny Emerit Chief Executive 01/06/23
Mark Orchard Chief Financial Officer & Deputy CEO 01/09/23
John Knighton Chief Medical Officer 01/09/23
Liz Rix Chief Nursing Officer 01/09/23 31/03/25
Joe Smyth Chief Officer - IWT 01/09/23
Charity Board of Trustees - Non-Executive Directors with Voting Rights
In post at 31st March 2025 or having left during the year ended 31st March 2025
Melloney Poole Chair 05/10/20 31/12/24
Non-Executive Director (Acting Chair 01.01.25-
Phil Berrington 01/01/22
31.03.25)
Sara Weech Non-Executive Director 28/01/23 30/06/24
Stephen Brooks Non-Executive Director 01/01/24
Deborah McKenzie Non-Executive Director 01/10/24
Graham Barnetson Non-Executive Director 01/04/24
Christine Slaymaker Non-Executive Director 01/04/24
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The Trust Board has approved the establishment of a body to be known as the Charity Board of Trustees, on which voting members of the Board of Directors will sit, for the purpose of:
The Trust Board delegated the authority for the management of the Charity to the Trust’s Charity Board of Trustees. No member of the Trust Board received remuneration from the Charity during the year. The Trust Board is remunerated by the Trust for their role as Executive and Non-Executive Directors of the Trust.
Overseeing the management of the affairs of the Charity on behalf of the Trust, the sole Corporate Trustee of the Charity;
Ensuring that the Charity operates within the terms of its Trust Deed and appropriate registration with the Charity Commission.
In particular the Charity Board of Trustees:
manages the affairs of the Charity within the terms of its Trust Deed and appropriate legislation; oversees the investment of funds in accordance with the Trustee Act 2000 and, if necessary, appoints fund managers to act on its behalf; ensures funding decisions are appropriate and consistent with the Charity’s objectives, to ensure such funding provides added value and public benefit; receives regular reports on the performance of any charitable fundraising activities; oversees the implementation, as appropriate, of procedures and policies to ensure accounting systems are robust, donations are received and coded as instructed and that all expenditure is reasonable, and ethically appropriate;
approves the annual accounts and report of the charity, ensuring that all relevant information is disclosed
reviews and approves any returns/ information required to be submitted by legislation to NHS England & Improvement and the Department of Health & Social Care or the Charity Commission; makes arrangements to induct new members of the Committee
## **Membership**
The Board of Trustees will include the following members: Chair of the Trust (Chair); All voting Non-Executive Directors on the Board of Directors;
All voting Executive Directors on the Board of Directors.
All members listed above have voting rights on the Charity Board of Trustees.
The Chair of the Charity Board of Trustees is also the Chair of the Board of Directors of the Trust.
In addition to the Charity Board of Trustees, there is also a Charity Assurance Committee which meets monthly, for the purpose of:
Monitoring progress of Charity against strategic and/or operational plans.
Oversee and recommend charitable funds expenditure between £5,000-£15,000 in accordance with charitable funds policies. Recommendations are made to the CFO to progress under their scheme of delegation. Review bids of £15,000+ ahead of submission to the Charity board On a monthly basis receive and review a list of all charitable funds expenditure, to include grants of <£5,000 Review the Charity Risk Register Receive and review annual charitable funds’ expenditure plans Ensure that Charity policies and procedures are updated and maintained in accordance with applicable Charity Law
- Ensure that the Charity Annual Report and Accounts are appropriately drafted for Charity Board Approval Ensure that any procedural documents relating to the Charity are appropriately written, ratified and monitored for compliance in accordance with Trust Policy
- Ensure that systems and processes for the regular evaluation and monitoring of compliance against any relevant internal and external assessment, standards or criteria are established, developed and maintained.
The Charity Assurance Committee includes the following members:
Chief Financial Officer
Chief Nursing Officer Chief Officer
Director of Governance and Risk Head of Communications and Engagement Chief People Officer Head of Financial Accounting (or nominated deputy)
Head of Charity (or nominated deputy) Fundraising and Supporter Care Manager Group Secretarial Support
From January 2024, in line with the partnership between the Isle of Wight NHS Trust Charity and Portsmouth Hospitals University NHS Trust, the two respective charities (Isle of Wight NHS Trust Charity and Portsmouth Hospitals Charity) work in greater partnership. This will include Charity Assurance Committee and Board Meetings in Common. They will remain seperate statuatory bodies.
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## **Charity Information**
Each of the funds has at least two signatories who act as fund holders on a day to day basis. It is expected that the fund holders manage these funds in accordance with the Standing Financial Instructions, Standing Orders, Charitable Funds Code of Procedures and Scheme of Delegation as set by the Corporate Trustee.
There have been no material changes to these policies and procedures this year.
The objectives of the Charity and its Special Purpose/ Speciality Charities are as follows: Funds are held for any charitable purpose relating to the National Health Service.
## Speciality charities
Funds are held for any charitable purpose relating to the specialty services provided by Isle of Wight NHS Trust.
Members of the Trust Board and the Charity Board of Trustees are not individual trustees under charity law but act as agents on behalf of the Corporate Trustee. Non-Executive Members of the Trust Board are appointed by NHS England & Improvement and Executive members of the Board and are subject to recruitment by the NHS Board. The NHS Trust, as Corporate Trustee, appoints a Charity Board of Trustees to manage the Charity under delegated authority.
Acting for the Corporate Trustee, the Charity Board of Trustees is responsible for the overall management of the Charitable Fund and meet quarterly.
The Charity Board of Trustees is required to:
Keep proper accounting records which disclose with reasonable accuracy the financial position of the fund held on trust and to enable them to ensure that the accounts comply with requirements in the Charities
Act and the Statement of Recommended Practice by charities (SORP) 2015, updated 2016.
Establish and monitor a system of internal control. Establish arrangements for the prevention and detection of fraud and corruption.
Advise the Trust Board on the performance and risks of the Charity.
Review and approve the Annual Report and Financial Statements.
The accounting records and day-to-day administration of the fund are dealt with by the Senior Financial Accountant at the principal address
## **Activities**
Isle of Wight NHS Trust Charity ensures that all activities carried out to raise funds are in line with the Fundraising Regulator and Codes of Practice and the Charity’s internal processes and policies. The Team are aware of donors wishes ensuring that these are honoured and communicated with the donor. In the year 2024/25 we received no complaints. The Fundraising Team have mandatory training each year on safeguarding for vulnerable adults and this is then integrated into supporting vulnerable donors to ensure they are protected.
## **Public benefit**
The Trustees confirm they have paid due regard to Charity Commission guidance on public benefit in deciding what activities the Charity have undertaken during the year and have continued to support a wide range of charitable activities. These include charitable grant funding for the Trust and fundraising across a number of platforms to raise more funds.
In awarding grants the Trustee is aware of its responsibilities under charity law in ensuring the maintenance of public benefit in all aspects of its work. Funding patient and staff welfare, improvements and amenities is, by definition, meeting public benefit.
Isle of Wight NHS Trust is the main beneficiary of the Charity and is a related party by virtue of being the Corporate Trustee of the Charity. However, when the Trust Board is making decisions regarding the Charity it does so with the best interests of the Charity in mind and with consideration of Charity Commission guidance, Charity law and the expressed wishes of donors.
By working in partnership with the Trust, charitable funds are used to best effect for the benefit of patients and staff. When deciding upon the most beneficial way to use funds, the Corporate Trustee has regard to the main activities, objectives, strategies and plans of the Trust.
The Charity achieves its purpose by making charitable grants to the Trust to fund expenditure on equipment and by direct expenditure on staff, education, environmental improvements and other complimentary services. e
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## **Reference and Administrative Details**
## **Independent Examiner**
**Registered and Working Name** Isle of Wight NHS Trust Charity
Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP
## **Registered Charity Number**
1049606
## **Registered Address**
## **Bankers**
Isle of Wight NHS Trust Charity, St Mary’s Hospital, Newport, Isle of Wight, PO30 5TG
Natwest Government Banking CST 2nd Floor, 280 Bishopsgate London EC2M 4RB
## **Principal Address**
Isle of Wight NHS Trust Charity, St Mary’s Hospital, Newport, Isle of Wight, PO30 5TG
## **Charity Contact Details**
Tel: 02392 283392 E-Mail: iownt.charity@nhs.net www.iow..nhs.uk/get-involved/charitable-funds
Review the Governance Report and confirm any nonadjusted accounting errors.
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Isle of Wight NHS Trust Charity, St Mary’s Hospital, Newport, Isle of Wight, PO30 5TG
01983 822 099 ext 6274 iownt.charity@nhs.net iow.nhs.uk/get-involved/charitable-funds
Charity Registration No. 1049606