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2024-03-31-accounts

Trustee's Annual Report and Accounts 2023/24

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital

(Registered charity number 1050008).

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Contents

Foreword 3
Reference and Administration Details 3
Trustee Arrangements 3
Principal Office 4
Principal Professional Advisors 4
Structure, Governance and Management 4-5
Risk Management 5
Partnership Working 6
Objectives and Activities 6
Reserves Policy 6
Financial Review 7
Achievements and Performance 7
Plans for Future Periods 7-8
Fundraising standards 8
Review of Investment Portfolio 8-9
Going Concern 9
Statement of Trustee's responsibilities in respect of the 10
Trustee's annual report and the financial statements
Independent Auditor's Report 11-13
Statement of Financial Activities 14
Balance Sheet 15
Statement of Cash Flows 16
Notes to the Financial Statements 17-28

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Foreword

The Corporate Trustee presents the Charitable Funds Annual Report together with the Audited Accounts for the year ended 31 March 2024.

The Charity’s annual report and accounts for the year ended 31 March 2024 have been prepared by the Corporate Trustee in accordance with the Charities Act 2011 and the Charities (Accounts & Reports) Regulations 2008 and the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102, effective 1 January 2019). The Charity’s report and accounts include all the separately established funds for which the Harrogate and District NHS Foundation Trust is the beneficiary.

Reference and Administrative Details

The main charity, Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital, registered Charity Number 1050008, was entered on the Central Register of Charities on 19 January 1996. The charity is constituted of 152 individual funds as at the 31 March 2024 (168 funds as at 31 March 2023) and the notes to the accounts distinguish the types of fund held and disclose separately all material funds.

Charitable funds received by the Charity are accepted and held and administered as funds held on trust for purposes relating to the National Health Service in accordance with the National Health Service Act 1977 and the National Health Service and Community Care Act 1990 and these funds are held on trust by the Corporate Trustee.

Trustee Arrangements

Harrogate and District NHS Foundation Trust is the Corporate Trustee of the Charitable Funds governed by the law applicable to Trusts, principally the Trustee Act 2000 and the Charities Act 2011.

The NHS Foundation Trust’s Board of Directors devolved responsibility for the on-going management of funds to the Charitable Funds Committee which administers the funds on behalf of the Corporate Trustee. The Committee meets quarterly unless items of an important nature intervene. The Committee members consider the strategy and financial management of the funds, discuss major policy issues and consider reports. The minutes of the Committee meetings are reported to the Board of Directors, acting as a Corporate Trustee.

Harrogate and District NHS Foundation Trust is the sole corporate trustee of the Charity. The Directors of the NHS Foundation Trust Board of Directors who served during the financial year were as follows:

Non-executive Directors

Sarah Armstrong Chair Jeremy Cross Non-executive Director Chiara De Biase Non-executive Director Andrew Papworth Non-executive Director and Vice Chair Laura Robson Non-executive Director and Senior Independent Director Wallace Sampson OBE Non-executive Director Richard Stiff Non-executive Director (Left post 31st July 2023) Julia Weldon Non-executive Director

Associate Non-executive Directors

Azlina Bulmer Associate Non-executive Directors Kama Melly Associate Non-executive Directors

Executive Directors

Jonathan Coulter Chief Executive Officer Jacqueline Andrews Executive Medical Director Matthew Graham Director of Strategy and Transformation Jordan McKie Director of Finance Russell Nightingale Chief Operating Officer Angela Wilkinson Director of People and Culture Emma Nunez Director of Nursing, Midwifery and Allied Health Professionals (AHPs) and Deputy Chief Executive

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

The names of those people who served as agents for the Corporate Trustee (as members of the Charitable Funds Committee), as permitted under regulation 19 of the NHS Trusts (Membership and Procedures) Regulations 1990 were as follows:

Mrs S Armstrong Chair Mr M Graham Director of Strategy and Transformation Mr R Nightingale Chief Operating Officer Mr J McKie Director of Finance Mr J Cross Non-Executive Director

Representatives from the Trust’s investment fund managers, RBC Brewin Dolphin, also attend Charitable Funds Committee meetings on a six-monthly basis.

Principal Office

The Principal Office for the Charity is: Finance Department Trust HQ Harrogate and District NHS Foundation Trust Harrogate District Hospital Lancaster Park Road Harrogate HG2 7UG

Principal Professional Advisers: Bankers Investment Fund Managers Government Banking Service RBC Brewin Dolphin Limited Premier Place 10 Wellington Place 2 1/2 Devonshire Square Leeds London LS1 4AN EC2M 4BA

Auditors Solicitors Saffery LLP The Charity has not required the services of a solicitor during the 10 Wellington Place financial year. Leeds LS1 4AP

Structure, Governance and Management

Harrogate and District NHS Foundation Trust registered its charitable funds under an “umbrella charity” arrangement whereby charities administered are treated as special trusts of the umbrella charity. The nature of its governing document is a trust deed (dated 4 October 1995), and the charity is constituted as Trustees incorporated as a body. The umbrella charity is liable for registration whilst the individual funds retain their own identity for all other purposes. Subsequent donations and gifts received by the charity that are attributable to the original funds are added to those fund balances within the existing charity.

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Structure, Governance and Management (continued)

The Corporate Trustee fulfils its legal duty by ensuring that funds are spent in accordance with the objects of each fund, and by designating funds the Trustee respects the wishes of our generous donors to benefit patient care and advance the good health and welfare of patients, carers and staff. Where funds are received which have specific restrictions set by the donor a restricted fund has been established.

The charitable funds available for spending are allocated to Directorates within the NHS Foundation Trust’s management structure. Each allocation is managed by use of a designated fund and manager within the general unrestricted fund. Designated fund managers can approve expenditure up to £5,000, expenditure between £5,000 and £150,000 also requires a member of the Charitable Funds Committee to countersign and expenditure above £150,000 must be approved by the Corporate Trustee. In addition, all expenditure above £500 is reviewed and ratified retrospectively on a quarterly basis by the Charitable Funds Committee.

Non-Executive Directors on the Board of Directors of the NHS Foundation Trust are appointed by the Board of Governors. Executive Directors of the Board of Directors of the NHS Foundation Trust are subject to appointment by the NHS Foundation Trust Board. The Board of Directors of the NHS Foundation Trust and the Charitable Funds Committee are not individual trustees under Charity Law but act as agents on behalf of the Corporate Trustee.

Directors on the NHS Foundation Trust's Board of Directors undertake induction training when newly appointed, this training includes information in respect of Trustee responsibilities.

Acting for the Corporate Trustee, the Charitable Funds Committee is responsible for the overall management of the Charitable Fund. The Committee is required to:

The accounting records and the day-to-day administration of the funds are dealt with by the Finance Department of Harrogate and District NHS Foundation Trust located at Harrogate District Hospital, Lancaster Park Road, Harrogate, HG2 7UG.

Risk Management

The major risks to which the Charity is exposed have been considered, with the most significant risk identified being the possible losses from a fall in value of investments, especially equities. The Charitable Funds Committee has mitigated this risk by not investing one hundred per cent in equities, but rather taking the view that so far as is reasonable the investments should be made to mitigate undue risk to the real value of the capital and income of the portfolio.

Expenditure is closely monitored and no fund manager is able to expend funds without the request first being checked by the Finance Department to ensure funds are available.

Income is monitored to check whether the levels of income are as expected and if not the spending plans are amended accordingly.

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Partnership Working

Harrogate and District NHS Foundation Trust is the main beneficiary of the Charity and is a related party by virtue of being Corporate Trustee of the charity. By working in partnership with the Trust, the charitable funds are used to best effect. When deciding upon the most beneficial way to use charitable funds, the Corporate Trustee has regard to the main activities, objectives, strategies and plans of the Trust.

Harrogate and District NHS Foundation Trust remains indebted to the work of the volunteers of Friends of Harrogate Hospital, who raise thousands of pounds of funds each year for Harrogate District Hospital.

Objectives and Activities

The umbrella charity has NHS wide objectives as follows:

“The Trustee shall hold the trust fund upon trust to apply the income and at their discretion, so far as may be permissible, the capital, for any charitable purpose or purposes relating to the National Health Service” (hereinafter referred to as “the objects”).

The Corporate Trustee conducts its activities with regard to the Charity Commission guidance on Public Benefit in section 4 of the Charities Act 2011.

The Corporate Trustee had determined the following strategic aims for the application of income:

During the year, the funds continued to support a wide range of charitable and health related activities benefiting both patients and staff. In general they are used to purchase the very varied additional equipment and services that the NHS is unable to provide. For example charitable funds were used to purchase much needed medical equipment (see page 7).

The ward charitable funds receive many donations specifically given to thank the nursing staff and these are used for charitable activities that will benefit staff. The charitable funds also enable consultants and other medical staff to attend courses not funded by the NHS which will update them on new ideas and modern techniques in their specialties.

The General Fund receives donations and legacies that can be used for any charitable purpose relating to the NHS. This flexibility has been used to fund the Staff Long Service Awards and to support training of staff members.

Reserves Policy

It is the policy of this charity to avoid building up reserves. Health Service bodies, in their capacity as charity trustees, have a duty to apply the income for the purposes for which they were given. Income can only be accumulated when the charity’s governing document gives them power to accumulate income. A failure to consider the matter and simply allow the income to accumulate without good reason is a breach of trust. As the Charity has no such powers at the present time the policy is to apply funds as and when they become available. Therefore the Charity does not have a target reserves figure.

The Charity funds management has discretion over the unrestricted funds, which had a total balance at 31 March 2024 of £341k and included a negative value for the general fund, see note 13.1. The management will review these balances in future to ensure each fund balance remains positive.

Reserves increased by £17k during the year. This arose from £743k of income, expenditure of £856k, an unrealised gain on investments of £113k and a realised gain on investments of £17k. Reserves decreased by £297k in the previous year.

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Financial review

The net assets of the Charitable Funds as at 31 March 2024 were £2,255k (2023: £2,238k). Overall net assets increased by £17k (2023: decrease of £297k) with a realised and unrealised gain on investments of £130k (2023: loss of £124k) plus an excess of expenditure over income of £113k (2023: excess of expenditure £173k).

The Charity continues to rely on donations, legacies and investment income as the main sources of income. Total income decreased by £19k when compared to the previous financial year, this is mainly due to lower fund raising income of £39k (2023: £72k) but higher income from investments of £77k (2023: £60k).

Of the total expenditure of £856k (2023: £935k), charitable expenditure on direct charitable activity was £841k (2023: £923k) across a range of programmes.

Achievements and performance

- Purchase of new medical equipment

The total spend on new medical equipment was £25k (2023: £278k). These purchases are not held as capital by the Charity and are expensed because the equipment is used by the Trust and not the charity.

- Staff Training

Staff training expenditure of £23k (2023: £20k) was used to enable consultants and other medical staff to attend courses, not funded by the NHS, which update them on the new ideas and modern techniques in their specialties.

- Staff welfare and amenities

Staff welfare and amenities expenditure of £206k (2023: £209k) was used by the Charity to finance staff benefits and social activities. In addition this funded hardship grant payments to some staff members, staff Christmas meals and providing/improving staff wellbeing areas and facilities.

- Patient welfare and amenities

The patient welfare and amenities heading of £322k (2023: £166k) includes services provided by personnel dedicated to the charity's work, the purchase of fixtures and fittings, and other goods purchased for patients.

Performance management

The Charity relies on the Harrogate and District NHS Foundation Trust to identify the appropriateness of funding requests in order to keep transaction costs to a minimum and to simplify the approval process.

Plans for future periods

Harrogate Hospital & Community Charity's (HHCC) mission continues to be going above and beyond the provision of the NHS to improve treatment and facilities for patients and colleagues at Harrogate and District NHS Foundation Trust (HDFT). As HDFT's Community services continue to grow, development of a Foundation to support our children, young people and families across our geographical footprint of Yorkshire and the North East has commenced. The Great Start In Life Foundation will be launched in September 2024 to enhance the Trust’s Great Start In Life Ambition.

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Plans for future periods (continued)

Income accruing from the investment of Endowment Funds can only be applied for the specific purposes attached to the permanent endowment. The income can be used for purchasing medical equipment or carrying out medical research (excluding transplant or vivisection work). Such items of medical equipment are included in Harrogate and District NHS Foundation Trust's annual capital programme and subjected to the same tests of value for money and a proper business case, as applies to all other capital expenditure.

Fundraising standards

Harrogate and District NHS Foundation Trust is the beneficiary of the Charity. The Trust employs a fundraising team, the key objectives of the team include establishing and maintaining fundraising procedures, charity branding and a fund raising strategy for the Charity. The overall objectives are to generate sufficient income and capital growth to enable the Charity to carry out these purposes consistently, year on year.

The Charity has a Charity Funds Committee and part of the remit of this committee is to focus on fundraising matters prior to approval by the Corporate Trustee. The committee incorporates members of the fundraising team and members of the Corporate Trustee.

The Charity has policies in place to manage charitable funds and activities, including but not limited to supporting individuals in fund raising activities and protecting vulnerable individuals in the course of such activities.

The Charity's fundraising activities follow the Fundraising Regulator's Code of Fundraising Practice.

The Charity has not received any complaints during the year.

Review of Investment Portfolio

The investment portfolio of Harrogate and District NHS Trust Foundation is managed in Leeds by RBC Brewin Dolphin on a discretionary basis within the constraints of an Ethical Investment Policy approved by the Corporate Trustee.

It is the practice that the investment advisers attend regular meetings of the Charitable Funds Committee. Detailed written reports are produced on a quarterly basis which value the portfolio and record its respective performance statistics. An integral part of the regular meetings is detailed discussion on the content of the report with particular reference to the performance aspect.

RBC Brewin Dolphin is remunerated by an investment management fee of 0.6% per annum on the first £1million and 0.5% on the balance. The fee is invoiced quarterly on the funds under management at the end of the relevant quarter. VAT is charged in addition, but there are no commission or transaction charges levied.

As at 31 March 2024, the investment portfolio managed by the RBC Brewin Dolphin was valued at £1,821k (2023: £1,685k), excluding income and accrued interest. The portfolio produced an annual estimated gross income of £77k (2023: £60k), see note 5, which was an equivalent gross yield of 2.36% (2023: 2.77%) and portfolio gains of £17k realised on disposals plus £113k on revaluation, see note 10.

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Review of Investment Portfolio (continued)

RBC Brewin Dolphin have provided a detailed annual report of the Charity's holdings, transactions and performance. This incorporated a market commentary which included a reflection on the final quarter of 2023 that despite uncertainty and conflict, there is reason for markets to be optimistic; additional observations noted the investment risks arising from inflation, wars, supply chains, global demand and recession and that uncertainty persists.

Note 10 illustrates the mix of investment funds held by the Charity at year end which was 55% overseas investments, 29% UK investments and 16% fixed interest investments.

The direct equity portion of the portfolio remains subject to ethical constraints with the shares of companies predominantly involved with tobacco, armaments, pornography and where there is proven poor human rights track record to be excluded.

The structure of the portfolio is in accordance with the Policy Statement which was agreed by the Trustee in November 2014 in accordance with the requirements of the Trustee Act 2000.

Going Concern

The financial statements have been prepared on a going concern basis which the Trustee considers to be appropriate for the following reasons. The business model of the Charity is such that its charitable activities are limited to those which it has sufficient funds to support from the excess of funding received over the costs of administering the Charity. The Charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 6.

The Trustee has reviewed the cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that the Charity will have sufficient funds to meet its liabilities as they fall due for that period.

A Big Thank You

On behalf of the staff and patients who have benefited from improved services due to donations and legacies, the Corporate Trustee would like to thank all of those who have made charitable donations.

Approved on behalf of the Corporate Trustee.

Chief Executive Officer - Mr Jonathan Coulter ................................................. Date: 21st January 2025

Director of Finance - Mr Jordan McKie ……….......................................... Date: 21st January 2025

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Trustee's Annual Report for Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024

Statement of Trustee's responsibilities in respect of the Trustee's annual report and the financial statements

The Trustee is responsible for preparing the trustee's report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing these financial statements, generally accepted accounting practice entails that the trustee is required to:

The Trustees are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, applicable regulations and the provisions of the Trust deed. They are responsible for such internal control as they determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error and have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the financial and other information included on the Charity's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

By Order of the Trustee Signed:

Chief Executive Officer - Mr Jonathan Coulter ................................................. Date: 21st January 2025

Director of Finance - Mr Jordan McKie …………………....................... Date: 21st January 2025

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Independent Auditors’ Report to the Corporate Trustee of Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital

Opinion

We have audited the financial statements of the Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cashflows and notes to the financial statements, including significant accounting policies.

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

· give a true and fair view of the state of the charity’s affairs as at 31 March 2024 and of its incoming resources and application of resources for the year then ended;

· have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

· and have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee’s use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information; we are required to report that fact.

We have nothing to report in this regard.

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Independent Auditors’ Report to the Corporate Trustee of Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital (cont)

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

· the information given in the Trustees’ Annual Report is inconsistent in any material respect with the financial statements; or

· the charity has not kept sufficient accounting records; or

· the financial statements are not in agreement with the accounting records and returns; or

Responsibilities of trustees

As explained more fully in the Trustee’s Responsibilities Statement set out on page 10, the trustee is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustee determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustee is responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditors’ responsibilities for the audit of the financial statements

We have been appointed as auditors under the Charities Act 2011 and report in accordance with regulations made under that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the charity’s financial statements to material misstatement and how fraud might occur, including through discussions with the trustee, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the charity by discussions with the trustee and updating our understanding of the sector in which the charity operates.

Laws and regulations of direct significance in the context of the charity include the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and guidance issued by the Charity Commission for England and Wales.

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Independent Auditors’ Report to the Corporate Trustee of Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital (cont)

Audit response to risks identified:

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the charity’s records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the charity’s policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity’s 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 trustee those matters we are required to state to them in an auditor’s 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 trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Saffery LLP

10 Wellington Place Leeds LS1 4AP

Statutory Auditors

Date: 24 January 2025

Saffery LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

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Statement of Financial Activities for the year ended 31 March 2024

Note Unrestricted
Funds
£000		 Restricted
Funds
£000		 Endowment
Funds
£000		 Total
Funds
2024
£000		 Total
Funds
2023
£000
Income: 577
39
22		 50
-
55		 -
-
-		 627
39
77
Donations and legacies
3
Other trading activities:
Fund raising events
4
Income from Investments
5
Total income and endowments
Expenditure:
Costs of raising funds:
Investment management costs
Charitable Activities
7		 630
72
60
638 105 - 743 762
15
840		 -
1		 -
-		 15
841		 12
923
Total expenditure
Net (expenditure)/income before
investment gains(losses)
855 1 - 856 935
(217) 104 - (113) (173)
32
33		 -
(33)		 98 130
-		 (124)
-
Net gains/(losses) on investments
10
Gross Transfer Between Funds
13
Net Movement of Funds
Reconciliation of Funds
Total Funds brought forward
13
Total Funds carried forward
13
(152)
493		 71
79		 98
1,666		 17
2,238		 (297)
2,535
341 150 1,764 2,255 2,238

The statement of financial activities includes all recognised gains and losses in the year and all relates to continuing operations.

A full comparative statement of financial activities is shown at note 17.

The notes on pages 17 to 28 form part of these financial statements

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Balance Sheet

for the year ended 31 March 2024

Unrestricted Restricted Endowment Restricted Endowment Total Total
Note Funds Funds Funds Funds Funds
2024 2023
£000 £000 £000 £000 £000
Fixed assets:
Investments 10 57 - 1,764 1,821 1,685
57 - 1,764 1,821 1,685
Current assets:
Debtors 11 22 - - 22 34
Cash at bank and in hand 11 476 150 - 626 566
498 150 - 648 600
Liabilities:
Creditors falling due within one year 12 (214) - - (214) (47)
Net current assets 284 150 - 434 553
Net assets 341 150 1,764 2,255 2,238
The funds of the charity:
Endowment funds - - 1,764 1,764 1,666
Restricted income funds - 150 - 150 79
Unrestricted income funds 341 - - 341 493
Total charity funds 13 341 150 1,764 2,255 2,238

A full comparative balance sheet is shown at note 18

The notes on pages 17 to 28 form part of these financial statements

The financial statements were approved by the Board and signed on their behalf by:

Chief Executive Officer - Mr Jonathan Coulter..................................................................... Date: 21st January 2025 pices

Director of Finance - Mr Jordan McKie ………………................................................. Date: 21st January 2025

15

Statement of Cash Flows

for the year ended 31 March 2024

Note
Cash flows from operating activities
Net income/(expenditure) for the year (as per the Statement of
Financial Activities)
Non-cash income and expense
Decrease/(Increase) in debtors
11
Increase/(Decrease) in creditors
12
Increase/(Decrease) in Gains on Investment Revaluations
10
NET CASH GENERATED FROM OPERATIONS
Cash flows from investing activities
Investment Additions
10
Proceeds from Sale of investements
10
Realised Gain/(Losses) on Sale of investments
10
Net cash used in investing activities
Cash flows from financing activities
Net cash generated/(used) in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April 2022
Cash and cash equivalents at 31 March 2023		 2024
£000
17
17
12
167
(113)
83
(317)
311
(17)
(23)
-
-
60
566
626		 2023
£000
(297)
(297)
(14)
17
123
(171)
(156)
177
1
22
-
-
(149)
715
566

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Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

1. Accounting Policies

(a) Basis of preparation

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP) preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102, effective 1 January 2019) and the Charities Act 2011 and UK Generally Accepted Practice.

The financial statements have been prepared on a going concern basis which the Trustees consider to be appropriate for the following reasons. The business model of the Charity is such that its charitable activities are limited to those which it has sufficient funds to support from the excess of funding received over the costs of administering the charity. The Charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 6.

The Trustees have reviewed the cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that the Charity will have sufficient funds to meet its liabilities as they fall due for that period. The Trustees consider that as a result of its operating model explained above, even if no further funding is received in the 12 month period, the Charity has sufficient cash reserves to pay all committed costs. Consequently, the Trustees are confident that the Charity will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.

(b) Funds structure

Unrestricted income funds comprise those funds which the Trustee is free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds, where the Trustee, at its discretion, has designated a fund for a specific purpose .

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

The Charity has one permanent endowment fund. The income of the Elsie Sykes Endowment Fund can be used for medical equipment or medical research (excluding transplant or vivisection work).

The major funds held in each of these categories are disclosed in note 13.

(c) Incoming resources

All incoming resources, including investment and fundraising activities, are recognised once the Charity has entitlement to the resources, it is probable that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.

Gifts in kind arising are included in income and expenditure at estimated values.

Income and gains arise from the investment portfolio and details are provided by the professional portfolio manager.

(d) Incoming resources from legacies

Legacies are accounted for as incoming resources either upon receipt or where the receipt of the legacy is virtually certain; this will be once confirmation has been received from the representatives of the estate(s) that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled.

(e) Resources expended

Expenditure is recognised when a liability is incurred and can be measured reliably.

17

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

1. Accounting Policies (continued)

(f) Irrecoverable VAT and Taxation

Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Harrogate Hospital and Community Charity is considered to pass the tests set out in paragraph 1 schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable trust for UK income tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Part 10 Income Tax Act 2007 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

(g) Charitable activities

Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the Charity. These costs comprise direct costs and an apportionment of overhead costs.

(h) Governance and support costs

Other resources expended comprise all costs incurred in the running of the Charity. These costs include costs related to statutory audit together with recharge of staff salaries.

(i) Fixed asset investments

Investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

The investments are included in the balance sheet at the closing dealing price at 31 March 2024.

(j) Unrealised / realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sale proceeds and market value at the start of the year (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and market value at the start of the year (or purchase date if later).

(k) Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

(l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital.

(m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid. Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the income and expenditure account.

18

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

(n) Creditors, loans and provisions

Creditors, loans and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Financial liabilities are derecognised when, and only when, the Charity’s obligations are discharged, cancelled or they expire. Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

(o) Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustee is 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, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below.

Critical judgement - Legacies

Legacies are recognised as income when probate has been granted, the Charity has established its entitlement to the funds and where sufficient information is available to allow it to measure its entitlement with sufficient accuracy. Judgement can be exercised over entitlement and/or measurement.

2. Related party transactions

Harrogate and District NHS Foundation Trust is the significant related party of the charity. Administrative costs recharged from the Trust during the year were £323k and the balance owed to the Trust as at 31.3.24 was £192k.

The Charity raises funding in order to make expenditure for the benefit of the Foundation Trust. It reimburses the Foundation Trust for provision of administrative services and has outstanding balances with the Foundation Trust at the end of the year.

During the year none of the members of the Board of Directors or senior NHS Foundation Trust staff or parties related to them were beneficiaries of the Charity.

No member of the Board of Directors has received honoraria, emoluments or expenses in the year in respect their service to the Charity. The Trustee has not purchased trustee indemnity insurance.

19

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

3. Analysis of donations and legacies

Donations and non-performance grants
Gifts in Kind
Legacies		 Unrestricted
Funds
£000
391
57
129		 Restricted
Funds
£000
50
-
-		 Total
2024
£000
441
57
129		 Total
2023
£000
248
98
284
577 50 627 630

In 2022/23 there were no donations, gifts in kind or legacies to Restricted Funds.

The Gifts in Kind value is an estimated monetary value and the related expenditure is included in note 7.

4. Analysis of income from fundraising events

Other Unrestricted
Funds
£000
39		 Restricted
Funds
£000
-		 Total
2024
£000
39		 Total
2023
£000
72
39 - 39 72

In 2022/23 there was no fundraising event income included in Restricted Funds.

5. Income from investments

Quoted investments (fixed asset investments) Unrestricted
Funds
£000
22		 Restricted
Funds
£000
55		 Total
2024
£000
77		 Total
2023
£000
60
22 55 77 60

In 2022/23, £42k of investment income was included in Restricted Funds.

6. Allocation of Governance Costs

During the financial year ending 31 March 2024 governance costs were charged to the General Fund (unrestricted). These are included in note 7 analysis of charitable expenditure.

Apportionment of Governance Costs Unrestricted
Funds		 Restricted
Funds		 Total
2024
Staff Costs (see note 8)
Audit Fees (see note 9)
Other
Total		 £000
91
20
1		 £000 £000
- 91
- 20
- 1
112 - 112
Prior Year
Staff Costs (see note 8)
Audit Fees (see note 9)
Other
Total		 Unrestricted
Funds
£000
140
10
2		 Restricted
Funds
£000
-
-
-		 Total
2023
£000
140
10
2
152 - 152

20

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

7. Analysis of charitable expenditure

The Charity made funds available to Harrogate and District NHS Foundation Trust in support of a range of charitable activities.

2024
£000		 2023
£000
Medical Equipment
Other staff cost and staff training
Computer Equipment
Governance costs (see note 6)
Gifts in Kind
Staff Welfare and Amenities
Patient Welfare and Amenities		 25
108
11
206
322
112
57		 278
20
-
209
166
152
98
841 923

All expenditure in relation to charitable activities in the current and prior year was unrestricted, except £1k of patient welfare expenditure in the current year. The above expenditure was incurred for the benefit of Harrogate and District NHS Foundation Trust.

8. Analysis of staff costs

There are no staff directly employed by the Charity. Recharges are made for Harrogate and District NHS Foundation Trust staff time. The recharge for the year ended 31 March 2024 was £99k (2023: £140k). No staff had emoluments in excess of £60,000.

9. Auditor’s remuneration

The audit fee is £14,175 exclusive of VAT (last year's fee was £13,500 exclusive of VAT).

10. Fixed asset investments

Realised gain/(losses) on disposals
Fixed asset investments:
Common investment funds
Fixed Interest Investments
UK Investments
Overseas Investments
Additions at cost
Market value as at 31 March 2023
Net gains/(losses) on revaluation
Disposals at carrying value
Movement in fixed asset investments
Market value brought forward		 2024
2023
16.14%
15.79%
28.94%
34.54%
54.91%
49.67%
100.00%
100.00%
Portfolio Percentage		 2024
2023
16.14%
15.79%
28.94%
34.54%
54.91%
49.67%
100.00%
100.00%
Portfolio Percentage		 2024
£000
1,685
317
(311)
17
113		 2023
£000
1830
156
(177)
(1)
(123)
1,821 1,685
2024
£000
294
527
1,000		 2023
£000
266
582
837
100.00% 100.00% 1,821 1,685

There are no direct investments held outside the UK by the Charity.

21

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

11. Current assets

11. Current assets
Debtors: amounts falling due within one year
Accrued income
Other debtors		 2024
£000
19
3		 2023
£000
7
27
22 34

Accrued income comprises £17k legacy income (2023: £nil) and £2k dividend declared before 31 March 2024 (2023: £7k) but not paid until after the year end.

Other debtors comprise £3k dividend notified as payable by brokers as at 31 March 2024 (2023: £27k due from a related party, Harrogate and District NHS Foundation Trust, for income collected on behalf of the Charity).

Analysis of cash and deposits
Government Banking Service
Investment Fund Manager
Creditors: amounts falling due within one year
Other Creditors (see below)
Accruals
12. Current liabilities		 2024
£000
600
26		 2023
£000
527
39
626 566
2023
£000
195
19		 2023
£000
34
13
214 47

Other creditors represent the amount owed at the year end by the Charity to a related party, Harrogate and District NHS Foundation Trust, for pay costs incurred by the Trust on behalf of the charity.

22

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

13.1 Analysis of Funds

Endowment
Funds
Elsie Sykes Endowment
Restricted
Funds
Scanner Appeal
Medical Equipment - Sykes Trust
Wakefield Grant
Other
Material Unrestricted
and Designated
Funds
Rheumatalogy RA- Team
Breast Care Services
Breast Unit
Ferndale Ward Midwifery
Adult Community Services
Covid 19 Urgent appeal
Sir Robert Ogden Macmillan Centre
General Fund
Friends General Fund
Crem Fees
Staff Car Parking
NHS S3 Grant
Capital
Linden Trust
Special Care Baby Unit (Patients)
Intensive Care
Other		 Balance at
1 April 2023
£000
1,666		 Incoming
Resources
£000
-		 Resources
expended
£000
-		 £000
-
Transfer
between
Funds		 Investment
gain/(losses)
£000
98		 Balance at
31 March 2024
£000
1,764
1,666 - - - 98 1,764
83
(19)
-
15		 -
50
55		 -
(1)
-		 (83)
50
-		 -
-
-		 -
31
49
70
79 105 (1) (33) - 150
24
26
100
28
46
22
88
(634)
82
21
86
28
100
21
30
13
412		 -
-
-
-
-
-
85
288
12
-
10
-
-
-
8
39
196		 -
-
-
-
(3)
(13)
(57)
(321)
(94)
-
-
(26)
-
-
(23)
(26)
(292)		 -
-
-
-
-
-
-
145
-
-
(15)
-
(100)
-
-
3		 -
-
-
-
-
-
-
32
-
-
-
-
-
-
-		 24
26
100
28
43
9
116
(490)
-
21
81
2
-
21
15
26
319
493 638 (855) 33 32 341

The Trustee sets an opening or closing balance of £20,000 or above as the threshold for reporting these funds.

Other funds include incoming resources and resources expended for Gifts in Kind valued at £57k.

The key transfers between funds during the year were as follows:

Scanner Appeal - disabled and £83k balance transferred to General Fund Medical Equipment Sykes Trust - £50k transferred in from Capital Fund Staff Car Parking - £15k transferred to Staff Store for staff well being Capital - the full £100k balance was transferred, £50k to General Fund and £50k to Medical Equipment - Sykes Trust fund General Fund - transfers in £83k from Scanner Appeal, £50k from Capital fund and net £13k from other funds.

23

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

13.2 Analysis of Funds - Prior Year

Endowment
Funds
Elsie Sykes Endowment
Restricted
Funds
Scanner Appeal
Other
Material Unrestricted
and Designated
Funds
Rheumatalogy RA- Team
Breast Care Services
Breast Unit
Ferndale Ward Midwifery
Adult Community Services
Covid 19 Urgent appeal
Sir Robert Ogden Macmillan Centre
General Fund
Friends General Fund
Crem Fees
Staff Car Parking
NHS S3 Grant
Capital
Linden Trust
Special Care Baby Unit (Patients)
Other		 Balance at
1 April 2022
£000
1,753		 Incoming
Resources
£000
-		 Resources
expended
£000
-		 £000
-
Transfer
between
Funds		 Investment
gain/(losses)
£000
(87)		 Balance at
31 March 2023
£000
1,666
1,753 - - - (87) 1,666
83
(11)		 -
42		 -
-		 -
(35)		 -
-		 83
(4)
72 42 - (35) - 79
24
26
100
28
82
32
163
(524)
67
21
119
52
50
21
13
436		 -
-
-
-
1
-
47
296
38
-
68
-
50
-
17
203		 -
-
-
-
(37)
(10)
(122)
(404)
(23)
-
(101)
(24)
-
-
-
(214)		 -
-
-
-
-
-
-
35
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
(37)
-
-
-
-
-
-
-
-		 24
26
100
28
46
22
88
(634)
82
21
86
28
100
21
30
425
710 720 (935) 35 (37) 493

The Trustee set an opening or closing balance of £20,000 or above as the threshold for reporting these funds.

The £35,000 transfer between funds relates to a correction of prior year expenditure allocations.

24

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

14. Description of Funds

Name of Fund Description, nature and purposes of the fund
The Elsie Sykes Endowment
Trust		 This endowment was a gift from Elsie Sykes in 1978. The Trustee may spend the
income receivable from the capital in order to fund medical equipment or medical
research(excluding transplant or vivisection work).
Scanner Appeal This fund is for the specific purchase of a Scanner by the Harrogate and District NHS
Foundation Trust.
Rheumatology RA-Team This fund has the designated objective to be used by the Rheumatology RA Team for
any charitable purpose for the relief of sickness of patients who are or have been
treated at any health care facility provided by the Harrogate and District NHS
Foundation Trust.
Breast Care Services This fund has the designated objective to be used by the Breast Care Services for
any charitable purpose for the relief of sickness of patients who are or have been
treated at any health care facility provided by the Harrogate and District NHS
Foundation Trust.
Breast Unit This fund has the designated objective to be used by the Breast Care Services for
any charitable purpose for the relief of sickness of patients who are or have been
treated at any health care facility provided by the Harrogate and District NHS
Foundation Trust.
Ferndale Ward Midwifery This fund has the designated objective to be used by the Ferndale Ward Midwifery for
any charitable purpose for the relief of sickness of patients who are or have been
treated at any health care facility provided by the Harrogate and District NHS
Foundation Trust.
Adult Community Services This fund has the designated objective to be used by the Adult Community Services
Teamsforany charitable purposerelating to theNHS.
Covid19 UrgentAppeal Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Sir Robert Ogden Macmillan
Centre		 This fund has the designated objective to be used by the Sir Robert Ogden Macmillan
Centre for any charitable purpose for the relief of sickness of patients who are or have
been treated at any health care facility provided by the Harrogate and District NHS
Foundation Trust.
General Fund Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Friends General Fund Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Crem Fees Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
StaffCar Parking Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
NHS S3 Grant Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Capital Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Linden Trust This is an award received by the Charity in May 2018, to be used towards something
strategic andhas yet to be allocated to a project.
Special Care BabyUnit(Patients) This fund hasgeneral objects for anycharitablepurpose relatingto the NHS.
Wakefield Grant Thisfundhas generalobjectsforany charitable purposerelating to theNHS.
Intensive Care Thisfundhas generalobjectsforany charitable purposerelating to theNHS.

25

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

15. Parent organisation

These financial statements are consolidated within the Harrogate and District NHS Foundation Trust Consolidated Financial Statements.

16. Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustee has considered whether, in applying the accounting policies required by FRS 102 and the Charities SORP, the restatement of comparative items were required. No restatements were required.

26

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

17. Statement of Financial Activities - Prior Year for the year ended 31 March 2023

Note
Income:
Donations and legacies
3
Other trading activities:
Fund raising events
4
Income from Investments
5
Total income and endowments
Expenditure:
Costs of raising funds:
Investment management costs
Charitable Activities
7
Total expenditure
Net gains/(losses) on investments
Gross Transfer Between Funds
Net Movement of Funds
Reconciliation of Funds
Total Funds brought forward
13
Total Funds carried forward
13
Net income and expenditure before
investment gains/(losses)		 Unrestricted
Funds
£000
630
72
18		 Restricted
Funds
£000
-
-
42		 Endowment
Funds
£000
-
-
-		 Total
Funds
2023
£000
630
72
60
720 42 - 762
12
923		 -
-		 -
-		 12
923
935 - - 935
(215) 42 - (173)
(37)
35		 -
(35)		 (87) (124)
0
(217)
710		 7
72		 (87)
1,753		 (297)
2,535
493 79 1,666 2,238

27

Harrogate Hospital and Community Charity, supported by Friends of Harrogate Hospital - Notes to the Financial Statements

18. Balance Sheet - Prior Year As at 31st March 2023

Note
Fixed assets:
Investments
10
Current assets:
Debtors
11
Cash at bank and in hand
11
Liabilities:
Creditors falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets
The funds of the Charity:
13
Endowment funds
Restricted income funds
Unrestricted income funds
Total charity funds		 Unrestricted
Funds
£000
19		 Restricted
Funds
£000
-		 Endowment
Funds
£000
1,666		 Total
Funds
2023
£000
1,685
19 - 1,666 1,685
29
492		 5
74		 -
-		 34
566
521 79 - 600
(47) - - (47)
474 79 - 553
493 79 1,666 2,238
493 79 1,666 2,238
-
-
493		 -
79
-		 1,666
-
-		 1,666
79
493
493 79 1,666 2,238

28