2025-03-31-accounts

1

The Queen Elizabeth Hospital King’ ~~s~~ Lynn Charitable Fund

Annual Report and Accounts for the yea ~~r~~ e ~~n~~ ded 31 March 2025 Registered Charity Number ~~:~~ 1051327

2

: , Trustees’ Annual Report Foreword vee ‘4 7.0 The Trustees present the annual report and | yy gteng SSA is Yb Fe accounts of The Queen Elizabeth Hospital King’s Le, OX ie Lynn Charitable Fund for the year ended 31 Way 724, ee March 2025. 7 i \ eg by Z- as e accounts nave been prepared in i Baw uf Wl he accordance with the Statement of Ae) iy s a = 5 Recommended Practice: Accounting and ; TON e NSS Reporting by Charities preparing their accounts | Hien ee in accordance with the Financial Reporting pesoF esS Standard applicable in the UK and Republic of Biel bs Heo iG Ireland (FRS 102) issued in October 2019 and \/AL i ia =’ ts, the Financial Reporting Standard applicable in tug es Di. ie 3 the United Kingdom and Republic of Ireland Fi’ aR AS (FRS 102) and the Charities Act 2011 and UK Sd), . 's yy is. Generally Accepted Practice as it applies from[1] : January 2019.

:

The Charity’s report and accounts include all the separately established funds for which The Queen Elizabeth Hospital King’s Lynn NHS Foundation Trust (Corporate Trustee) is the sole beneficiary.

During the year the charity changed its structure, with individually appointed Trustees resigning and being replaced by a single _ Corporate Trustee. wt <<

The members of The Queen Elizabeth Hospital King’s Lynn NHS Foundatiog Trust (the Trust) Board who served as a member of the Corporate Trustee during the financial year were as follows:

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Alice|Webster| |~~|Chief|Executive| |"PR|Lorraine|Hooper| |»|Interim|Director|of|Finance|(Appointed|October|2024)| |ae|'|Simon|Illingworth| |)|Chief Operating|Officer| |¥|Dr Rebecca|Martin| |Medical|Director| |1| |||]|Pippa Street| |Chief|Nurse| |ye|John Syson| |(||Director|of|People| |||i|Carly West-Burnham (Non Voting)| |Director|or|Strategy|and|Intergration| |Paul|Brookes|MBE|(Non|Voting)| |Director|of|Estates|and|Facilities| |Chris|Benham| |A|Director|of|Finance|(Resigned|December 2024)| |Q-|Jill|Hall| |i|‘= Interim|Director Corporate Affairs|(resigned|December 2024)|

----- End of picture text -----

The Trustees present the Charitable Funds Annual Report together with the Audited Financial Statements for the year ended 31 March 2025 ~~.~~

----- Start of picture text -----
QEH
----- End of picture text -----

4

The members of the Charity Committee are as follows:

----- Start of picture text -----
| ; Dr Andy Wood OBE (Interim Trust Chair) CFC Chair -
ae Appointed 8 January 2025
~ - Sue Hayter (Non -E xecutive Director) -
¥
7 Paul Brooks OBE (Director of Estates & Facilities) -
ed Ate Appointed 2 October 2024\
| Antonia Hardcastle (Lead Governor) -\
sey Barbara Turner (Governor) -\
Ct Appointed 8 January 2025\
Dr Julian Litten (Governor) -\
= a Resigned 17 July 2024\
ae:.} > Chris BenhamResigned (Director17 July of Finance) 2024 -
----- End of picture text -----

The corporate Trustee presents the Charitable Funds Annual Report together with the Audited Financial Statements for the year ended March 31 2025.

----- Start of picture text -----
QEH
----- End of picture text -----

5

Constitution

The Charity was entered on the Central Register of Charities on 8th of December 1995. It is an umbrella Charity under which 30 individual funds are managed. The notes to the accounts distinguish the types of funds held and disclose separately all of the material funds. Gifts and donations received by the Charity are accepted, held and administered as funds held on trust for purposes relating to the health service in accordance with the National Health Service Act the National Health Service and Community Care Act 1990 and these funds are held on trust by the Corporate Trustee. The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust is the Corporate Trustee of the Charity. 4 Members of the Trust Board (excluding the non ~~-~~ executive directors) have day ~~-~~ to ~~-~~ day responsibility for the management of the Charity and approve, on behalf of the Corporate Trustee, all expenditure over £10,000. The Trustees appoints fund managers who can approve expenditure up to £10,000.

----- Start of picture text -----
4
»
=
= GH Crovity2
~—— ’ KING'S
----- End of picture text -----

Finance PrincipalDepartment, OfficeThe Queen Elizabeth Hospital King’s Lynn NHS Foundation Trust (‘QEH’ or ‘The Trust’) Gayton Road, King’s Lynn, Norfolk, PE30 4ET

Principal Professional Advisers Banker National Westminster Bank 4 Tuesday Market Place, King’s Lynn, PE30 1YY

Investment CCLA Investment Management Ltd COIF Charity Funds 80, 1 Angel Lane, London, EC4R 3AB

Auditor

Whitings LLP, Chartered Accountants Greenwood House, Skyliner Way, Bury St Edmunds, IP32 7GY

----- Start of picture text -----
} j ii
,
A
i é
f Zz
f
&-
| an VS
‘f [
- = |
>? \
, |
i oc 4
fp =
|
a
oS. -
ff
‘.
i
=
----- End of picture text -----

----- Start of picture text -----
KING'S
----- End of picture text -----

7

----- Start of picture text -----
.
----- End of picture text -----

Structure, Governance and

Management

The Charity was established using the Model Declaration of Trust and all funds held on trust as at the date of registration were either part of this unrestricted fund or registered as separate restricted funds under the main Charity. 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. Where funds have been received which have specific restrictions set by the donor, new restricted funds have been established. The charitable funds available for spending are charitable funds available for spending are funds available for spending are available for spending are spending are are allocated to specialties within the Trust's directorate management structure. Therefore, each ward/department may have its own designated restricted or unrestricted unrestricted funds within the the Charity umbrella.

• °

• , r

• 3 |

----- Start of picture text -----
| | The charitable funds available for spending are charitable funds available for spending are funds available for spending are available for spending are spending are are
-_ allocated to specialties within the Trust's directorate
management structure. Therefore, each
. ward/department may have its own designated
, restricted or unrestricted unrestricted funds within the the Charity
__ umbrella.
“ The Trust has four endowment funds in total for
oO whichcan be onlyspen t ;hethere incomeis no receivedpower fromto convertits investmenthe capi t al
= into income. Three of the endowment funds are held
1a - onCCLA deposit,Investment while theMan W a gl e yment TrustLtd.is invested with
—
-
----- End of picture text -----*

& LYNN ochKING'SCrontry

Members of the Trust Board are the Charitable Funds Committee and are not individual Trustees under Charity law but act as agents on behalf of the Corporate Trustee. The NHS Appointments Commission appoints the non ~~-~~ executive members of the Trust Board, while the executive members of the Board are appointed by the Trust Board.

New members of the Trust Board are invited to read and understand a selection of Charity Commission booklets and are given access to the past reports and accounts, documentation.minutes and other relevant

In so far as the Trust Board is aware, there is no relevant audit information of which the auditors are unaware. The Trust Board has taken all the steps that ought to have been taken in order to make themselves aware of any relevant audit information and to establish that the auditors are aware of that ~~information.~~

----- Start of picture text -----
S -
j a Pp
} | >
we
we
,
‘ 4
a
Syst)
cae es sais
U
Z es
—————
ES “eed
— x i —
trier _— Lae
ee
| ! « ‘oa
| ah
a
Ey
&
LYNN |
och KING'S
----- End of picture text -----

9

The Corporate Trustee is responsible for the overall management of the charitable funds. It is required to:

----- Start of picture text -----
‘Control, manage and monitor the use of
the funds resources.
- Provide support, guidance ~. — —<€~-_..
and encouragement for all its
income raising activities
whilst managing and Sa EN
monitoring the receipt
of all income.
- Ensure that ‘best
practice’ is followed ia
in the conduct of all
its affairs fulfilling ; : iceliiaetiias
all of its legal — aT
responsibilities.
- Maintain financial
records, which which =
----- End of picture text -----

• Maintain financial records, which which disclose, at any time, the financial position of the funds held on

Trust, applying appropriate accounting policies on a consistent basis.

• Establish and monitor a system of internal control.

• Establish arrangements for the prevention and detection of fraud and corruption.

• Make judgements and estimates, which are reasonable and prudent.

10

Risk Management

The Charity assesses and scores risks against a set methodology. Risks are reported to the Trust Board via a sub ~~-~~ committee along with mitigations and actions. The Corporate Trustee uses the Framework contained in the Charity Commission publication ‘Charities and Risk Management’ to identify potential sources of risk.

The Corporate Trustee has given consideration to the major risks to which the Charity is exposed and have satisfied themselves that systems and procedures are established in order to manage those risks.

----- Start of picture text -----
—
----- End of picture text -----

Internal audit provide

assurance over the internal controls, transactions and processes and report their findings to the Corporate Trustee.

----- Start of picture text -----
~@
Bix
----- End of picture text -----

11

Objectives and Activities Our Aim: The Charity aims to fully support the Trust to achieve a high quality of patient care, welfare and to support its staff. Enable more patients to be treated more effectively, efficiently and quickly. The Queen Elizabeth Hospital King’s Lynn Charitable Fund (The Trust) is a valuable oo source of income and support to the Alig Oe hospital P »” 4

:

Z

y

|

\

a

& KING'S LYNNCrotty|

oH 3

Partnership working and networks

The Trust is the sole 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 and so, when deciding upon the most beneficial way to use Charitable funds, the Corporate Trustee has regard to the main activities, objectives and plans of the Trust. 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 Corporate Trustee respects the wishes of our generous donors to benefit patient care and advance the good health and welfare of patients, carers and staff.

The Charity remains indebted to the work of our volunteers who support the hospital each year, and to the League of Friends for their support.

Public Benefit

'3

The Charity confirms that the Corporate Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. Throughout Throughout this report, the Charity has demonstrated demonstrated that it acts for the public benefit.

----- Start of picture text -----
ul or duties. Throughout Throughout this report, the
' — Charity has demonstrated demonstrated that it acts for
the public benefit.
: .\ ____, Reserves Policy
~ Y |, ae = The Charity has established a policy
a . WeS | AY— “i- wherebycash, not unrestricted committed or funds investedheld shouldas
‘ei ‘ian cover all foreseen and planned
= | expenditure based on the normal level of
activity. Funds retained in excess of this
— — may be invested in accordance with the
)., ae => — Investment Policy (see below).
==| . 3 —s The majority of the funds are designated
er) = ee <<: for use within specific wards and
——_ a «departments within the Trust either for
yNG TOY, tin. patients, staff or equipment; this is to
j\SySwe‘ean) ee e Ge."onas |) enablespent in funds, asline with fardonor's as possibl wish e ,s. to be
| i ee| = i i‘im, Thevarietyfunds of ways,supportfurtherthevarietyfunds of ways,supportfurtherthefunds of ways,supportfurtherthe of ways,supportfurtherthe ways,supportfurtherthesupportfurtherthefurtherthethe hospitalinformationininformationinin a
4 regarding future planned expenditure
----- End of picture text -----

Thevarietyfunds of ways,supportfurtherthevarietyfunds of ways,supportfurtherthefunds of ways,supportfurtherthe of ways,supportfurtherthe ways,supportfurtherthesupportfurtherthefurtherthethe hospitalinformationininformationinin a regarding future planned expenditure can be found below ~~.~~

& LYNN ochKING'SCrovry

14

Fund Balances

At 31 March 2025, the total funds of the Charity amounted to £2.2m (£5.0m at the end of 2023/24).

Of these:

e £0.4m was held in restricted funds.

£1.8m was held in unrestricted funds where money has been donated for particular purposes, but no binding trust has been created.

We aim to follow donor's wishes on the focus of the expenditure when it is practicable to do so.

----- Start of picture text -----
: aa 4 : e 4 = or ; ie es ae a -— = oo ;
ae ge ay 3 e s es x Fearcue o SoHEa -
KINGSt
LYNN
Lyront Y
----- End of picture text -----

Investment Policy

The Trust has an Investment Policy, with an aim to give clear guidelines to the Trustees in managing the funds of the Charity and to ensure proper and timely review and monitoring of investment performance.

The Trustees will:

• e Ensure working capital requirements are met by a

• reasonable cash balance in an instant access bank account.

• e Invest funds in a way which will both preserve their capital value and produce a return consistent with prudent investment.

• e Not place the funds at risk by speculative investment.

• e Invest money in common investment funds, split between equity and non ~~-e~~ quity.

• ¢ Not invest funds in a particular company if it carries out activities which are directly contrary to the Charity’s

• purpose and therefore, against its interests and those of the beneficiaries.

• e Seek expert advice from qualified investment managers as necessary.

• e Review and monitor performance

& LYNN och KING'SCrovitry

16

Overview of achievements, performance and financial position

The net assets of the Charity for the year 2024 ~~-~~ 2025 were £2.2m (2023 ~~-~~ 24 £5.0m), a decrease of 56% for the year. Total incoming resources for the year decreased to £0.4m (2023 ~~-~~ 24 £1.35m), primarily as a result of some significant legacies received during the previous year.

Total expenditure increased to £3.1m in 2024 ~~-~~ 25 from £0.7m in 2023 ~~-2~~ 4, primarily due to the purchase of a surgical robot and the development of the Peddars Way end ~~-o~~ f-life unit.

The Charity has four endowments amounting to £45k; the value of these will not change unless further endowments are received. The income derived from the endowment capital funds are credited to their respective expendable funds, all four are restricted.

The income arising from the Waley Restricted Fund is credited to unrestricted funds.

----- Start of picture text -----
SS Se
- B Foxe pt _
- = a eget on EB
eo ch
----- End of picture text -----

17

During the year there wasa loss of £11k in the market value of the investments held with CCLA Investment Management Limited.

The number of charitable funds held under the Queen Elizabeth Hospital Kings Lynn Charitable Fund umbrella at 31 March 2025 was 31 (31 March 2024 ~~—~~ 30).

The charitable work was made up of the following four

programme areas:

• Purchase of medical equipment (£1,090k)

• New building and refurbishment (£1,737k)

• Patient welfare (£55k)

• Staff Welfare (£84k)

----- Start of picture text -----
y bf
~@
KING'S
LYNN
Cyronry
----- End of picture text -----

18

Donors’ to our Charity can be assured that we comply with the regulatory standards for fundraising. The Charity’s fundraising has been carried out mainly by members of the local community. The Charity does not use the services of professional fundraisers or commercial participators in its fundraising activities.

The charity was not subject to an undertaking to be bound by any voluntary scheme for regulating fundraising, or voluntary standard for fundraising in respect of activities on behalf of the charity.

The charity has not monitored activities carried on by any person on behalf of the charity for the purpose of fundraising. No complaints have been received by the charity or a person acting on its behalf about activities by the charity or by a person on behalf of the charity for the purpose of fundraising.

Through the Corporate Trustee model, The Trust's policies procedures and systems apply to the Charity (with appropriate modifications where necessary) designed to protect vulnerable people and other members of the public from unreasonable intrusion of a person's privacy, unreasonable persistent approaches for the purpose of soliciting or otherwise procuring money or other property on behalf of the Charity and placing undue pressure on a person to give money of other property.

S LYNN | och KING'SCrontry

19

Simulation Ward Opened 9 May 2024 The QEH opened its newly refurbished simulation ward giving staff to the chance to train for real-life scenarios in a safe environment ~~—~~ and it's all . thanksfrom to a generousgenerous donationec the hospital's charity.

----- Start of picture text -----
4 — (fez
. nn. = [ae]
b= = Bile. :
z i al le ; . ‘
Yew Pe
‘ ¥ : 2 7/7
P Ag
L| 8 et! b ee3 Y We:
| i —
:
----- End of picture text -----

The innovative simulation ward is now used by staff, as well as students, as | part of their ongoing training and development. This kind of hands ~~-~~ on training is

invaluable to team members, allowing them to live real-time scenarios ultimately improving the standard of care and experience for patients.

The onsite simulated ward has three beds and is complete with a medication trolley, digital information board and resus equipment. The area also boasts four mannequin patients designed to educate learners ina variety of i ~~n-~~ hospital patient scenarios.

Generously funded by The QEH King’s Lynn charity, which donated £16,500 towards refurbishing this area, this investment provides a safe place to practice realistic health skills ~~—~~ from basic entry level assessments right up to advanced interventions.

& KING'S LYNN Crovity

Helen Muncey, Head of The QEH's Education Faculty, said: “The development of the simulation ward presents an opportunity to expand the simulation education offered at the Trust.

“The increased access to enhanced simulation training provides a safe learning environment for staff and learners to gain confidence in a core range of clinical skills, competencies, teamwork, fundamental care, communication as well as learning from incidents and emergency preparedness.”

Alice Webster, then CEO at The QEH, said: “It's great to see the simulation ward up and running after months of planning and preparation. It will be a fantastic resource for staff who will be able to get a simulated experience.

“The simulation ward will support staff and patient safety. | am pleased to see its development and will be delighted to see the impact on those who use It.

“Thank you to The QEH King’s Lynn Charity for funding this refurbishment and to all colleagues who have helped make this happen.”

& LYNN ochKING'SCrontry

21

Charity Website

Launch of the Charity website June 24

----- Start of picture text -----
Integration of online P | > ae
donation platform (QEH oly |
and CRM (customer Our new charity —
relationship website is live!
management) which —————
streamlined our )Sod Ve ores ac
fundraising data, ve = aaa (?
enabling the Charity mis Er. 2
to undertake eo
targetedand manage appeals,our Gift = a | - }
Aid donations
efficiently.
----- End of picture text -----

The website has dedicated pages for the League of Friends, Butterfly Garden and Tree of Life projects, as we look to work symbiotically and increase reach to our target audiences.

Fundraising Regulator FR! Registered[FUNDRAISING] with REGULATOR July 2024 The Charity is now registered with the Fundraising Regulator. It's voluntary to register with the Fundraising Regulator, but it's good practice to do so, as it shows our charity is committed to legal, open, honest, and respectful fundraising. Once registered, charities agree to follow the Code of Fundraising Practice.

KING'S

22 Let’s Get Moving Campaign [LET'S GET MOVING | a fey ea With help from the charity, QEH launched it’s “Let’s Get Moving” Campaign to improve patient care and experience, aimed at enhancing the mobility and wellbeing of adult patients during their hospital stay.

Supported by the QEHKL Charity and recognised by NHS England as an exemplar program, the campaign officially kicked off on Monday, 30 September across all adult wards.

Let's Get Moving focuses on addressing deconditioning ~~—~~ the loss of muscle strength and function that often occurs when patients are inactive during their hospital stay. This in turn leads to delayed discharges, increased risks of hospital acquired complications and leaves patients in a state of excessive dependency, unable to to return home in @ _ time.

----- Start of picture text -----
excessive dependency, unable to to return home in @ _
time.
| =) CE saa, -
By raising awareness and = ee er
encouraging simple, yet impactful “aa ae §
practices, the campaign aims to ’ a
reduce the risk of falls, improve aY SPF
recovery times, and promote a y p . F \
more active lifestyle for patients. Age ZEEE s,
&
KING'S
LYNN
Crontry
----- End of picture text -----

----- Start of picture text -----
SS : ,
----- End of picture text -----

----- Start of picture text -----
wesTe |
----- End of picture text -----

Key Activities of the Campaign Include:

• Bay exercises and chair yoga to keep patients moving in place

• Promoting continence and encouraging healthy mobility

• Mobility discussions as part of patient care board rounds

• Nutrition and hydration projects to support recovery

Karon Strong, Head of Nursing for the Division of Medicine at The QEH and lead facilitator behind the Let's Get Moving initiative, said: “| am so proud of all of our teams across the Trust who have got behind this important campaign.”

Codrin Buleu, Specialist Therapist at the Trust, shared, “With Let’s Get Moving, we're making small but crucial changes that can greatly enhance the recovery experience for our patients. It’s not just about keeping them mobile while they're in the hospital — it's about encouraging lifelong healthy habits that they can take back into their communities.”

NHS England has acknowledged the programme for its success in reducing patient falls and improving patient outcomes, and the hospital is committed to making further strides in this important work.

But the campaign doesn't stop at benefiting patients. The QEH is also inviting staff to participate in friendly competitions and team challenges designed to improve their own health and wellbeing ~~.~~

°@ Biene!

Butterfly Garden

Opened 9 Oct 2024 The official opening of the Butterfly Garden took place to coincide with the start of Baby Loss Awareness Week and was attended by more than 60 guests including families, specialist nursing teams, Board members and other key stakeholders involved in the project.

----- Start of picture text -----
; oes
’
pam fs eee
24 iat
4
' \
: J \
—_——
----- End of picture text -----

The King’s Lynn Rock Choir launched proceedings with a rendition of ‘Angels’, followed by a speech from then CEO Alice Webster and a reading by Head of Spirituality, Rev Lee Gilbert. A stirring solo performance of Somewhere Over the Rainbow by Rock Choir leader Sally Rose, was followed by the choir's performance of A Thousand Years.

----- Start of picture text -----
r
----- End of picture text -----

----- Start of picture text -----
ba Attendees enjoyed refreshments in the
se Conference Room, which included
ia
i
—_— ‘putterfly’ cakes, and saw a video
| Fi ‘4‘ : ofpresentation depicting the garden from the thefirst emergence spade in the
, a ground to the installation of butterflies,
|
| - = sj f, poetry and sculptures. QEH volunteers
__ kindly supported the event.
ms ~
|
)
cA 5 ie »a | Theadministration Charity Teamfor supports the the Butterfly Garden
; and a dedicated page on our website
a. ne- -ye launched, with an online application
form for butterfly tags.
----- End of picture text -----*

& KING'S

----- Start of picture text -----
a [=;] * ‘h 4, J 7
----- End of picture text -----

CMR Surgical Robot

November 2024

The CMR Versius surgical robot and training console, funded by the Charity, was delivered in September and, following a training period, the first surgery was completed on 3 December.

Robot ~~-a~~ ssisted surgery enables minimally invasive procedures with greater precision, improving patient outcomes and reducing recovery times. This means shorter hospital stays and a faster return to everyday life for patients. The QEH is the only hospital in Norfolk to utilise the system.

The first patient to benefit was 68 ~~-y~~ ear ~~-o~~ ld Kevin Root, who had bowel cancer and had a section of his colon removed. The procedure was Carried out by Lead Colorectal Surgeon, Mr Syed Hyder, assisted by Colorectal Consultant, Mr Hasan Abbas, alongside an expert surgical team.

Mr Root's recovery was swift and he took part in video diaries before he was discharged. His experiences and The QEH's ground ~~breakin~~ g ~~work was widel~~ y ~~covered in local and re~~ g ~~ional media,~~ including the BBC and radio as well as daily papers.

i. KING'S LYNN Crovity

----- Start of picture text -----
& We RA fe , ee e a
k#4y =eeTa AN| meit |
ea | a Bape
oe , ce os
$14
/e3auma
ve. po Sea
APYA \ el pale
sereneall
-
----- End of picture text -----

Peddars Way End of Lifee Unite Opened 10 December 2024 ea . . . . . oe Nicola Ellis, Chief Executive of Tapping House $14 hospice, unveiled a commemorative plaque in recognition of the hospice’s initial role in advising on the unit's development.

Among the 40 guests at the ceremony was Mayor of King’s Lynn along with - representatives from the Norfolk & Waveney Integrated Care System and League of Friends, as well as staff involved in creating the unit, supporters ~~—~~ including carer David Newman ~~-~~ and Lead Governor.

There was widespread coverage in local and regional media. Family feedback has been on the unit has been incredibly positive. Annual sponsored 26 ~~-m~~ ile walks have already taken place to continue support for the unit.

----- Start of picture text -----
cS
fen | | Ars Way Unig |
KINGSt
LYNN
Crotty
----- End of picture text -----

27

EPIC Exercise Therapy

EPIC exercise therapy (reconditioning and exercise therapy specifically for patients living with cognitive impairment and frailty) reduces a patient’s length of stay, prevents deconditioning both mentally and physically therefore improving patient experience.

This year the hope is to fully embed the therapists’ work in our wards and use their knowledge and experience to nurture our own staff and share the learning Trust wide. This will allow all patients living with cognitive impairment and frailty to have access to this excellent r ; service. } Each year the Trust cares year the Trust cares the Trust cares Trust cares cares for y ¥ around 1,400 patients with this with this this EN\ ay ay progressive condition. NE

----- Start of picture text -----
have access to this excellent r ;
service. } »
Each year the Trust cares year the Trust cares the Trust cares Trust cares cares for y ¥ ‘ae
around 1,400 patients with this with this this EN\ ay ay 7
progressive condition. NE a
Dr Katie Honney, clinical director = J ~ S| £4)
for Integrated Care of the Older tee —~< so ie T2
Person and clinical lead for the mm wh A lf x gg
charity appeal said: “We are oa | : Li 1 i —_
eternally grateful to everyone who | :
A
andsupportsdonates thisto importantthe cause. campaign S |
| < “4
“With the money raised we will be =e = —-
able to ensure that patients living —»
with dementia and frailty can
benefit from exercise therapies
while the y are bein g cared for on
our wards .”
----- End of picture text -----

----- Start of picture text -----
KING'S
LYNN
Crontry
----- End of picture text -----

28

Physical Activity Assessment Programme (PAAP)

The charity has now funded three years of this partnership work with Alive West Norfolk, which provides ~~1-~~ 2 ~~-1~~ exercise programme for patients living with and beyond cancer.

Remarkable feedback from participants of the programme, which is funded by the QEHKL Charity and delivered by Alive West Norfolk, shows it is redefining cancer care helping patients regain strength, confidence, and control over their health no matter what the prognosis.

In total 123 patients have participated in the programme over the past three years. Some faced a terminal diagnosis while others were undergoing intensive treatments. All feedback received showed they were unanimous in stating the fitness sessions had helped them.

In fact, one patient in their 80s was so inspired that they took up ballet classes to further enhance their physical and mental wellbeing!

----- Start of picture text -----
KING'S
LYNN
Crontry
----- End of picture text -----

29

Reward and Recognition

Our commitment to recognising the hard work and loyalty of our staff continues to be a cornerstone of our ethos at The QEH. The Reward and Recognition Programme, an integral part of celebrating our team’s dedication, has seen significant enhancements and heartfelt celebrations throughout 2024/25.

Long Service Awards

Long Service Awards presentations for those with both QEH service and continuous NHS service. At September's event 38 members attended to celebrate over 645 years of service, including two members of staff reaching 45 ~~-y~~ ear milestones. In total over 129 staff reached a Long Service Milestone between June and September and over 2,245 years of service has been celebrated.

----- Start of picture text -----
EL c ae: le
329 Staff recognised throughout 2024/25 totalling 5,575 years of service
----- End of picture text -----

Living our Values

At Team QEH, recognising and celebrating the extraordinary efforts of our staff is not just a monthly ritual - it’s a vital part of our culture that inspires and motivates us all. The Reward and Recognition Programme shines a spotlight on those who go above and beyond, embodying the core values of Kindness, Wellness, and Fairness that define us.

13 members of Team QEH received an outstanding contribution award for Living our Values

----- Start of picture text -----
,
i Team‘QEH .. -
| AWARDS - ~° . ;
— “SG oo)# |. pall p tae
----- End of picture text -----

Team QEH Awards

The 2024 Team QEH Awards were a standout occasion significantly building on the previous year's success with an unprecedented gathering of the Trust's finest at the King’s Lynn Corn Exchange.

Celebrated on the evening of Tuesday 1 October, the event drew an impressive attendance of 332 members of Team QEH, VIPs, senior QEH staff and sponsors, all greeted with a prosecco reception and an assortment of informal ‘bowl’ food. 702 nominations from the public, staff and volunteers were received in total for the event, with 13 winners selected.

31

The RFI scheme has been a key component of our quality improvement (QI) and engagement journey since 2020.

It is part of the Trust's QI improvement journey and encourages staff to take ownership of improvements within their own areas of work and give confidence that ideas will be considered, a decision taken and support received to implement possible. as quickly as Staff a can put forward ideas (via new dedicated section on the Trust intranet site) and apply for up to £5,000 as standard, though some projects require far less financially. Ideas must improve patient care and experience and/or staff experience. In 2024/25 the programme supported 52 projects:

----- Start of picture text -----
|
----- End of picture text -----

|

----- Start of picture text -----
: ; | My;| [cat]
; « Gy,
“te
‘
) ie = \
Vi ;
+ :
ww = ¥ “ ue y
Lo =
> y j
” ? |
.
&
LYNN
ochKING'SCrovity
----- End of picture text -----

32

• New seating for some of our Outpatient and Emergency Department areas using the red chair principle, enabling patients and their family a more comfortable area to wait whilst providing a dedicated chair for those with communication needs.

« Storage and shelving in our theatres enabling staff to have immediate access to surgical sets, allowing for better IP&C control and stock rotation and management.

• Microwaves for staff kitchens so all staff can heat up their meals safely in their area of work and not have to walk to and from the Hub, transporting hot food, therefore resolving a potential Health and Safety Risk.

• The ophthalmology team at the Queen Elizabeth Hospital Trust (QEH) in King’s Lynn has taken an innovative step to enhance the care experience for their youngest patients.

----- Start of picture text -----
fe Recognising the potential for
a improvements, they revamped
mS Net ait the paediatric waiting area in
rat —= — ; the opht almology unit into a
=, : = et Be more engaging and comforting
i space.
~ ~s ——, ' a~ a
bt owl
~~:
Se
=)
----- End of picture text -----*

ochLYNNCronty

33

¢ 30 noise cancelling headphones for children and adults who get over stimulated and anxious when attending their hospital appointments, making hospital visits less stressful for them.

----- Start of picture text -----
vl @b )
7
4 5 \ ; <" ¢ ‘
\ \ haps . : % = .
-
----- End of picture text -----

The idea of ea ~~r-~~ defending headphones was brought about by Executive Assistant, Beth Stone. She submitted the Room for Improvement idea after bringing her four ~~-~~ year ~~-~~ old autistic son to the hospital's Emergency Department.

She said: “In the rush and panic | forgot to bring his ea ~~r-~~ defending headphones which he relies on in busy and sensory overloading environments. For autistic and neurodivergent individuals, the intense and often overwhelming sensory input in a hospital setting can be highly distressing. Investing in noise ~~-c~~ ancelling headphones can help manage the sensory processing challenge by significantly reducing loud and disruptive noises.”

& KING'S LYNN Crotty

34

LiteGait

----- Start of picture text -----
To purchase a specialist piece of rehabilitation equipment, the
‘LiteGait’ body weight support treadmill. This is a piece of
equipment most commonly used in stroke rehabilitation. The use
of a body weight support treadmill is specifically referred to in the
most recent national stroke guidelines. .
The purchase of the es ae=
LiteGait will bring great T——
benefit to patients, who A a ea
will be able to walk oo f Ne
longer distances in their \ a ee ) J
therapy sessions, oe AA, oct
reducing the time it will . i) YY
take to achieve their { a ence! nl y :
mobility goals. It will Ayam “=e it . ae
also benefit therapy mm 2h dé : : SY LEP.
staff, who will take ona \ Seo | - — Sh
during these therapy | ® h ‘ 4 —% a
reduced physicalload |) PL _ oe
sessions. Fewer ed) | ea Se . a
therapists will be 4 sy } V4 om oa ania
required inthe sessions, _ . is <q ) pod
as the equipment will . ) Soe A ¢
take on the physical ’ / Vans; wr
load, thus freeing up ei
therapists to work with |
other patients. a
----- End of picture text -----

35

Stroke garden

Development and completion of a new Stroke Unit Garden/courtyard; specifically for the use of stroke patients and their families to aid in the recovery, rehabilitation and support their mental health.

----- Start of picture text -----
There 8 ie @ number of JAD=Re . ae.
benefits gee eed oe
which the Ae ew | eee
garden will bring to .wey Sie ae ee E CS ee
those who use it. It will | . ie Pa) foe
) erie ROSS
provide a space for Pay WY, : NT) Ross
outdoor rehabilitationto || 7) WIRE | efi oS
be undertaken in close Ven,= Sla
with both the i. Seg
opportunity for therapy oe Fy : oF
rehab sessions. Dee [SS ae
Having the opportunity the opportunitytunitynity 7 @ Ny \v | A ye - <>
to practice gait re - TPr age Be WP me rT 2
.
education = af iA :
over uneven I Ree as
willsurfacesallow andthepatients gardentosurfacesallow andthepatients gardentoallow andthepatients gardento andthepatients gardentopatients gardento gardentoto &ae : * lfiP :=
relax and spend time
with their visitors visitors away _
from the busy ward ward 5
----- End of picture text -----

Having the opportunity the opportunitytunitynity 7 to practice gait re ~~-~~ . education over uneven willsurfacesallow andthepatients gardentosurfacesallow andthepatients gardentoallow andthepatients gardento andthepatients gardentopatients gardento gardentoto relax and spend time with their visitors visitors away from the busy ward ward environment.

The garden design has been created specifically for these different uses in mind, to be both a place of calm and reflection as well as a functional space for therapy sessions to take place ~~.~~

&

KING'S LYNNCyoviry|

36

Cancer Care

Treatment Centre We propose an empathetic

----- Start of picture text -----
Centre a
an ies
= se
of the — ~— - =
Treatment
a more
and reeee
space. This = “TILL AD
individuals Me
Queen a,
Hospital's
area who who are affected by cancer.
is to transform it into an environment that reflects
and care, providing the comfort and privacy patients
families deserve.
.
: } ST =) Cf
: —._
----- End of picture text -----

refurbishment of the Cancer Care Treatment Centre

to create a more welcoming, comfortable, and functional space. This unit serves individuals across the Queen

Elizabeth Hospital's catchment area who who are affected by cancer.

Our vision is to transform it into an environment that reflects compassion and care, providing the comfort and privacy patients and their families deserve.

KING'S LYNN Cronty

37

SimBaby

The SimBaby simulator (nicknamed ‘SimBaby’) will represent a major enhancement to The QEH's simulation capabilities.

The £60,000 plus investment will allow staff across maternity, neonatal, and paediatric services to practice lif ~~e-~~ saving procedures in a safe, realistic environment, preparing them to respond with confidence when every second counts.

The SimBaby will be a crucial addition to The QEH's existing simulation portfolio, which includes a purpose ~~-b~~ uilt Simulation Suite and on ~~-~~ ward simulation facilities. Supplied by Laerdal, the new simulator will mimic a real baby ~~—~~ it will breathe, cry, move, and respond ~~—~~ and can replicate a wide range of emergency scenarios, from respiratory distress and shock to cardiopulmonary arrest.

It will play an integral role in multidisciplinary team training, strengthening clinical and communication skills across all staff levels.

----- Start of picture text -----
a - 3 og bcior
~ \ |e ae | oe '
ge. a
» &
KING'S
LYNN
Crotty
----- End of picture text -----

Statement of Corporate Trustees responsibilities in respect of the Trustees annual report and financial statements

39

Under the trust deed of the Charity and Charity law, the Corporate Trustee is responsible for preparing a Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. The Corporate Trustee is required to prepare the financial statements in accordance with UK Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

The financial statements are required by law to give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources for that period.

In preparing these financial statements, generally accepted accounting practice entails that the Corporate Trustee:

• select suitable accounting policies and then apply them consistently and observe the methods and principles in the Charities SORP 2019 (FRS 102)

• make judgements and estimates that are reasonable and prudent;

• — state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements;

• state whether the financial statements comply with the trust deed, subject to any material departures disclosed and explained in the financial statements;

• assess the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and - use the going concern basis of accounting unless they either ~~intend to~~ li ~~quidate the Charit~~ y ~~or to cease operations, or have no~~ realistic alternative but to do so ~~.~~ & KING'S LYNN Cyovry|

40

The Corporate Trustee is required to act in accordance with the trust deed [and the rules] of the Charity, within the framework of trust law. They are responsible for keeping accounting records which are sufficient to show and explain the Charity’s transactions and disclose at any time, with reasonable accuracy, the financial position of the Charity at that time, and to enable the Corporate Trustee to ensure that, where any statements of accounts are prepared by them under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. They are responsible for such internal control as they determine is necessary to enable the preparation of 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 Corporate Trustee is 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 otherjurisdictions.

Going concern

The financial statements have been prepared on a going concern basis which the Corporate 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 fundin ~~g~~ received over the costs of administeri ~~ng~~ the Charit ~~y.~~ The Charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 3 ~~.~~ LYNN Crovity &KING'S

A

The Corporate 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. The Trustees have also considered the implications of the cost ~~-o~~ f-living crisis on these cash flow forecasts and consider that as due to 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 Corporate Trustee is 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.

Disclosure of Information to auditor

The Officers of the Corporate Trustee who held office at the date of approval of this Corporate Trustee report confirm that, so far as they are each aware, there is no relevant audit information of which the Charitable Fund's auditor is unaware; and each officer has taken all the steps that he ought to have taken as an Officer of the Corporate Trustee to make himself aware of any relevant audit information and to establish that the Charitable Fund's auditor is aware of that information.

42

----- Start of picture text -----
—- Ss Py -
. @ } &
+. — PD i A final thank-you
> On behalf of the staff,
tenn - carers and patients who
e — improved services due to
nw have benefited from
Corporate Trustee would
Y donations and legacies, the
like to thank all patients,
~ relatives, staff and various
made charitable donations
—_/ ‘ Y ) \ organisations that have
~ Y c during the year.
¢ ., " iL -~ CorAp p orateroved byTrusteth e .
:
. a ‘\ \
“= ~~ David Roberts
(
a (Chair)
[ i... ~ SESS oe ] 28th JanuaryDate: 2026
----- End of picture text -----*

----- Start of picture text -----
ASS Se
= oe oe i
----- End of picture text -----

& KING'S LYNN Cronry

Independent auditor's report to the Trustees of The Queen Elizabeth Hospital King’s Lynn Charitable Fund

44

Independent Auditor's Report to the Corporate Trustee of The Queen Elizabeth Hospital King’s Lynn Charitable Fund

Opinion

We have audited the financial statements of The Queen Elizabeth Hospital King’s Lynn Charitable Fund (the ‘charity’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash flows 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 2025, and of its incoming resources and application of resources, including its income and expenditure, 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 responsibilities for the audit of the financial statements section of our report. We are independent of the charity in

45

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 Corporate Trustee 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 trustee's annual report, other than the financial statements and our auditor's report thereon. The Corporate Trustee is responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

46

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.

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 Corporate Trustee's report is inconsistent in any material respect with the financial statements; or

¢ sufficient accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of the Corporate Trustee

As explained more fully in the Corporate Trustee's responsibilities statement, the Corporate 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 Corporate Trustee determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

47

In preparing the financial statements, the Corporate 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 Corporate Trustee either intends to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 auditor's 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 extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

48

• e Enquiry of management about any known or suspected instances of non ~~-~~ compliance with laws and regulations, and fraud;

• e Enquiry of management around actual and potential litigation and claims;

• e Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; and

• e Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, and evaluating the rationale of any significant transactions outside the course of normal operations.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non ~~-~~ compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non ~~-c~~ ompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC's website at:

https://www.fre.org.uk/auditorsresponsibilities.

This description forms part of our auditor's report.

49

Use of our report

This report is made solely to the charity's Corporate Trustee, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's Corporate 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 charity's Corporate Trustee as a body, for our audit work, for this report, or for the opinions we have formed.

J)

-Whitings LLP

Statutory Auditor Greenwood House Greenwood Court Skyliner Way

Bury St Edmunds Suffolk IP32 7GY

Whitings LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Date...28January 2026...

50

Statement of Financial Activities (SOFA) for the year to 31* March

2025

		Funds	Furs	Funds	2025	Funds	Funds	Funds	2024
		£000	£000	£000	£000				£000
Income and endowments fram: Donationsand legacies	2	335	1	-	336	1,568	2100	-	1,668
Investment Income	21	47	4.	=	45	69	2		71
Total Income		382	2	-	384	1,637	107		1739
Raising funds	a	186	e		=	185	142	6	-
Charitable activities	3	2544	22	=	2.566	414	50	-	504
Totalexpenditure		3,130	25	-	3,155	556	o6		652
SRR aaee eee		(2,748)	(23)	-	(277)	1,081	é	E	1.087
(Loss)/(Gains on investment assets	7	{11}	2	=	{12}	103	42	-	145
Transfer between funds Net movement infunds		215 (2,544)	(z15) (238)	=	(2,782)	1,184	48	:	1,232
Reconciliation of funds Totalfunds brought forward Totalfundscarriedforward	6 6	4,308 L764	649 411	45 45	5,002 2,220	3,124 4,308	601 649	45 45	3,770 5,002

The notes on page 53 to 68 form an integral part of these financial statements.

aa...

51

Balance Sheet as at 31* March 2025

	Note	Unrestricted	Restricted	Endowment	Asat3i	Asat 31
		Funds	Funds	Funds	March	March
					2025	2024
Non current assets
Fixed asset investments	7	655	Ail	45	1,111	1,873
Total noncurrentassets		655	411	45	1,111	1,873
Current assets
Debtors	8	422	-	-	422	1,340
Cash atbank and in hand		1,107	-	7	41,107	2,064
Total currentassets		1,529	-	:	1,525	3,404
Creditors
Amountsfallingduewithinone	5	(420)	7	:	(420)	(275)
year			$$$
NetCurrent Assets		1,109	-	:	1,109	3,129
Totalassets lesscurrent liabilities		1,764	411	45	2,220	5,002
Total NetAssets		1,764	411	45	2,220	5,002
Funds ofthecharity
Unrestricted incomefunds		1,764	.	=	1,764	4,308
Restricted incomefunds		=	Ail	=	ATi	649
Endowmentfunds		-	-	45	45	45
TotalFunds		1,764	411	45	2,220	5,002

Approved by the Corporate Trustee on 28™ January 2026 and signed on its

behalf by

pth 4

David Roberts

(Group Chairperson) Date: 28" January 2026 Registered Charity Number 1051327

~~The notes on pa~~ g ~~es 53 to 68 form an integral~~ p ~~art of~~ these financial statements.

----- Start of picture text -----
Wee
----- End of picture text -----

LYNN

52

Statement of Cash Flows for the year ending 31* March 2025

----- Start of picture text -----
|||||| |---|---|---|---|---| |Note|Total Funds|Total|Funds.| |31 March|2025|31 March|2024| |Net cash provided by/(used|in) operating activities|5|(1,755)|111| |Cash|flows from|investing|activities| |Dividends|interest and rent from|investments.|43|TL| |Investment drawdown|750|=| |Net increase/(decrease)|Inocash|(957)|182| |Cash and|cash equivalents beginning of perlod|2,064|1,852| |Cash and cash equivalents end|of period|1,107|2,064|

----- End of picture text -----

The notes on page 53 to 68 form an integral part of these financial statements.

----- Start of picture text -----
54
----- End of picture text -----

Accounting policies

1.1 Accounting convention

The Charity is a public benefit entity and the functional currency is Pounds Sterling (£).

The financial statements have been prepared under the historical cost convention, as modified for the revaluation of certain investments, and in accordance with applicable United Kingdom accounting standards, (FRS 102) the Charities Statement of

Recommended Practice

Charities SORP (FRS 102 effective 1 January 2019), and the Charities Act 2011. The Trustees have a reasonable expectation that it has adequate resources to continue activities for the foreseeable future. Accordingly, the accounts have been prepared under a going concern basis.

~~The finacial statements meet al~~ l the requirements of FRS 102 ~~.~~

----- Start of picture text -----
;
i
)
-
; 7 | if
fs ;
a F ss é
} . |
P
,
——————
———
ee
F
OC 2) (ene * one o
a , oa
.
S
ochKING'Seeey
----- End of picture text -----

55

1.2 Incoming Resources

(i) 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 it is virtually certain that the incoming resource will be received;

• measurement ~~—~~ when the monetary value of the incoming resources can be measured with sufficient reliability.

(ii) Cash donations are recognised as income in the statement of financial activities, once they have been received by the cashiers.

(iii) Legacies are included in incoming resources once they have been received or receipt becomes reasonably certain. This will be once confirmation has been received from the representatives of the estate, that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled. It is an estimate based on the latest information received from the executors.

(iv) Cash collected from fundraising events is included in the statement of financial activities upon receipt.

(v) Endowment fund income is included in the statement of financial activities when it is received. Three out of the four endowment funds held in the Charity are restricted (Waley Trust, ~~Warrin~~ g ~~ton N and Shephard), while the General Endowment Fund~~ is unrestricted ~~.~~

LYNNCyovity|

56

1.3 Resources expended

The 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.

Charitable Activities

The costs listed under Charitable activities on the SOFA, consist of the following activities; purchase of medical equipment, new building and refurbishment, patient experience, staff welfare and other expenditure such as computer equipment.

Management and Governance Costs

Management and administration costs cover the Charity’'s expenses, which consist of staff costs, internal and external audit fees, insurance, IT support and general office charges.

Costs of Generating Voluntary Income

The cost of generating voluntary income relates to the costs incurred in the Charity’s fundraising activities, including that of the fundraising executive. These costs are apportioned to the General Fund following a Trustee decision in 2022.

Other Policies

lrrecoverable VAT is included in the relevant cost headings on the face of the Statement of Financial Activities and not shown as a separate item.

57

1.4 Structure of funds

All the unrestricted funds, including the designated funds, are available for any charitable purpose relating to the NHS, but are wholly or mainly for the stated purpose contained in the fund title, in recognition of the non ~~-b~~ inding wishes of donors’. The only unrestricted fund which has no designations is the General Fund, which is available for any charitable purpose at the discretion of the Trustee.

Restricted funds defined as donations that require the funds to be used in a specific way, or for a specific purpose. Restricted income ~~funds are subject to s~~ p ~~ecific Trusts, which may be declared b~~ y ~~the~~ donors’ or with their authority or created through legal process, but still within the wider objects of the Charity.

fem KING'S

58

----- Start of picture text -----
sspd 1.5 Investments
stesae:ae a ae(i) Investment assets (i.e.
ye ee §= stocks/shares) are shown as
eeoe eee required by the Statement
ee ee =o Recommended Practice
ee ee Re FP age at the mid - market price, ex -
ee en gt Ga div, at the Balance Sheet
ee ee fe = date. Net gains or losses are
aeie2 Oe Ta 15 ae : iS, summarised in note 7 of the
y (ii) All gains and losses are
— taken to the Statement of
we Financial Activities as they
arise. Realised gains and
| losses on investments are
mm enoTETNTIT calculated as the difference
CTE ag between sales proceeds
remo Zi and opening market value
————. ur = (or date of purchase if
<n —=— later). Unrealised gains and
a TTT 5 losses are calculated as the
~~
— aad 's Seem difference between market
—— — ——— = value at the yea r- end and
. —_—— =—S opening market value (or
STITT date of purchase, if later).
(iii) All investments are
made in accordance with
the Charity ' s investment
. on policy, which minimises any
----- End of picture text -----

(iii) All investments are made in accordance with ~~the Charity~~ ' ~~s investment~~ policy, which minimises any risk ~~.~~

S LYNN ochKING'SCrotty

1.6 Cash at Bank

Cash at bank and in hand records balances in bank accounts, whether interest bearing or not.

1.7 Cash Flow

Statement A cash flow statement has been produced in accordance with FRS 102.

1.8 Pooling Scheme An official pooling scheme is operated for investments relating to the following schemes:

Patients’ Fund, General Fund, Staff Fund.

e scheme was . . registered with the Charity Commission on 13th March 1998.

----- Start of picture text -----
59
'
: ,
_
‘
— :
3
~ 7
p uF >
— ~
; » Et) ). sis
7 oy >. ~
ie rea‘ ] — 1a Ve
SZ‘ | Uses
e CZ. ;
a ,
: ‘ ~>
Ci P 3 ]
‘4 9 _
bi 4
----- End of picture text -----*

mci KING'S

Croriry

----- Start of picture text -----
7 60
j
. x » Ne
Be EEN Be LX Ae EN Y/) .
ota ON a GT ae OX
COROT
INN Mech eaciter SN WILT om
SSCLI ge Say \ Page.
Bs GENS)! Pape chs Ze \ Tf Cpa
----- End of picture text -----

1.9 Transfers between funds

Transferring between funds is generally not allowed but in certain circumstances and with approval from the Trustees this may be authorised.

In the event of a ward closure or a fund closing any remaining balance will be transferred to a fund of similar purpose.

1.10 Trustee’s remuneration

The Board members receive no remuneration or expenses in respect of the administration of the funds.

1.11 Indemnity insurance

The fund has purchased insurance to indemnify the Corporate Trustee or other officers against the consequences of any neglect or default on their part.

~ 7

1.12 Debtors

Debtors are amounts owed to the Charity. They are measured based on their

recoverable amount.

1.13 Creditors

Creditors are amounts owed by the Charity. They are measured at the amount that the

Charity expects to have to pay to settle the debt. The Charity has no amounts which are

owed in more that one year.

& KING'S LYNN Crovity

62

2. Analysis of Total Voluntary Income

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment|Total|Total| |Funds|Funds|Funds|2025|2024| |£'000|£'000|£'000|£'000~=—s«|£000| |Donations|270|7:|-|271|265| |Legacies|65|-|-|65|1,403| |335|Z|:|336|1,668| |Analysis of Income from of Income from Income from from|Investments| |Income|From|Investments|Unrestricted|Restricted|Endowment|Total|Total| |Funds|Funds|Funds|2025|2024| |£'000|£'000|£'000|£'000|= £'000| |Investment Income| |Interest|an|deposits|13|1|-|14|31| |Fixed|asset|investments|34|Fr|=|34|40| |47|1|=|4g|71|

----- End of picture text -----

2.1 Analysis of Income from of Income from Income from from Investments

3. Analysis of Charitable Expenditure

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment|Total2025|Total|2024| |Funds|Funds|Funds| |£000|£'000|£000|£'000|£000| |Purchase|of Medical|Equipment|1,090|-|-|1090|118| |New Building and|Refurbishment|1,730|?|=|1737|114| |Patient Welfare|41|14|-|55|167| |Staff|Welfare|83|1|-|B4|104| |Other expenditure|:|-|=|:|1| |Total expenditure on Charitable Activities|2,944|22|-|2,966|504| |Cost|of generating voluntary income|62|1|63|82| |Management and governance costs|124|2|126|66| |Total management and|governance|costs|186|3|-|189|148| |Total|resources expended|3,130|25|-|3,155|652|

----- End of picture text -----

Audit fees are included within management and governance costs. The charity did not undertake any direct charitable activities on its own account during the year.

Charitable expenditure was in the form of grant funding to the Trust to carry out activities or to purchase equipment that will benefit NHS patients and their families.

----- Start of picture text -----
Co
7 f wOvit-y
----- End of picture text -----

63

Explanation of charitable expenditure headings.

• Medical/Surgical equipment ~~—~~ This includes all medical and surgical equipment.

• Expenditure on ‘new building and refurbishment’ includes the cost of upgrading the hospital's facilities and surroundings making them more comfortable for patients.

• Patients Welfare ~~—~~ Any expenditure that is for patients benefit only, i.e. additional/complimentary support from professional services (including massage, reflexology, counselling etc), Christmas gifts and toys for child patients and information booklets and brochures.

• Staff Welfare ~~—~~ Any expenditure that is staff related, i.e. training courses, conferences, Christmas parties, staff welfare and engagement activities and educational books.

4. Analysis of Management and Governance Costs

	Management	Cast of	Total2025	Total2024
	costs	generating
	£'000	vadurtary Bere	£'000	£'000
Medicalequipment purchase	46	23	69	34
New buildingand refurbishment	74	37	Tit	34
Patient welfare	2	i	4	49
Staff welfare	4	2	5	31
Other expenditure	a 126	zs 63	i 189	- 148

Support costs are allocated across the funds by apportioned on the average annual spend basis.

fen) KiNG's

64

5. Cash Flow

Reconciliation of net intome/lexpenditure)to net cash flow from operating activities.

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2024-25|2023-24| |£'000|£000| |Total income|384|1,739| |Total resources expended|(3,155)|(652)| |Net operating income/(expenditure)|(2,771)|1,087| |(Increase)|decrease|in debtors|918|(913)| |(Decrease}/increase in creditors|146||| |investment income|(48)|(71)| |Net cash provided|by/|(used|in) operating activities|(1,755)|111|

----- End of picture text -----

6. Movement in Funds

6,Movementin funds

----- Start of picture text -----
|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|As|at|1|April|2024|Income|Expenditure|Loss|on|Transfer|=|As|at|31 March2025.| |revaluationof|between|funds| |investments| |General Fund|2,460|67|(2,933)|(11)|590|173| |Eye Care|17|1|(az)|=|(7)|108| |Cancer Care|932|103|(55)|é|(183)|B03| |Breast|Unit|Development|GF|29|3|=|(5)|94| |Tilney|Ward|patients|fund|143|1|(20)|=|(25)|108| |West|Raynham|Ward|patients|fund|159|15|(32)|é|(26)|116| |Patients|equipment|fund|147|110|(26)|-|(1235)|102| |Other unrestricted|funds|273|50|(65)|-|-|258| |4.308|382|{3 130)|(14)|215|1764| |Restricted| |QEH Covid 19 Support Fund|135|=|=|(125)|#| |Team|QEH|Covid|Recovery|Fund|61|-|-|-|(26)|35.| |Dementia|Care|Appeal|15|z|(15)|-|5|i| |Matemity|Bereavement|Suite|23|=|(7)|=|(27)|z| |Waley|Trust|363|-|-|=|363| |Other|restricted|funds|52|-|(3)|-|(a7)|F| |645|4|(25)|-|(215)|411| |Endowment|Funds.|45|-|-|45| |Total Funds|sass)|

----- End of picture text -----

Restricted funds are those where the donor has provided for the donation to be spent in furtherance of a specified charitable purpose.

Endowment funds arise when the donor has expressly provided that the gift is to be invested and only the income of the fund may be spent.

----- Start of picture text -----
rem KING'S
Wt al saenet
----- End of picture text -----

65

Those funds which are neither endowment nor restricted funds are considered to be Unrestricted funds which are distributed at the Corporate Trustee's discretion.

Unrestricted funds include the general fund.

Transfers between funds are made to allocate resources to the applicable fund to further charitable expenditure.

7. Investments

----- Start of picture text -----
7 Investments
----- End of picture text -----

----- Start of picture text -----
Long term investments
As at 31 March 2025 As at 31
March 2024
Restricted Unrestricted Total Tatal
QEH King’s Lynn Charitable Fund (imcome Units) 140 - 140 147
GEH King's Lynn Charitable Fund (Accumulation units) 270 - 270 276
410 - 410 473.
Other Investments.
COIF charities fixed interest fund (Income units} 45 454 529 515
CONF charities investmentfund (Income units) : 172 172 935
“sO
Total 455 656 4111 4,873
7.1 Investment movements Total
Balanceat 1 April 2024 1,873
Disposals (withdrawals) (751)
Impairment in value {11}
Balance at 31 March 2025 1011
Balance at 1 April 2023 4,728
Disposals (withdrawals) -
Revaluation gain 145
Balance at 31 March 2024 4,873
----- End of picture text -----

COIF: Charities Official Investment Fund

----- Start of picture text -----
Fett KiNG'S
1@)4 pple
----- End of picture text -----

66

8. Analysis of Debtors (Under 1 year)

				Unrestricted	Restricted	Total2025	Total2024
				Funds	Funds
				£'000	£'000	£'000	£'000
Other	debtors	including	legacies	422	-	422	1,340
				a	ee	ee>	ee

Provision is made against accrued legacy income where the amount expected to be received becomes uncertain

9. Analysis of creditors: amounts falling due within one year

(Creditors
	Unrestricted	Restricted	2025	2024
	Furnes	Funds
	£000	£000	£'000	£'000
Trade creditors	119	=	119	206
Amountduetorelatedparty	289	-	289	4g
Accruals	12	-	12	20
	0		SCS

10. Related Party Transactions

During the year none of the Trust Board or members of the key management staff or parties related to them has undertaken any material transactions with The Queen Elizabeth Hospital King’s Lynn Charitable Fund.

Board members (and other senior staff) take decisions both on Charity and Exchequer matters, but endeavour to keep the interests of each separate and do not seek to benefit personally from such decisions. Declarations of personal interest have been made in both capacities and are available to be inspected by the public.

At 31 March 2025 the Charity owed the Trust £289k (2024 £49k). The Financial Statements of the Trust are included in its annual report.

During the year the Trust recharged the Charity £1,969k in respect of salary and other recharges, establishment costs and the construction of the Peddars Way end of life unit.

The Trust administers the Charity’s invoices and such the trade creditors above are also due to the Trust at the year end as it has paid these on the Charities behalf ~~.~~

we LYNN

67

11. Contingent Asset ~~—~~ Legacies

The Trust has been informed of some potential legacies from estates of deceased donors’. For items where no reliable estimate of the amount can be made, no amounts have been recognised in the financial statements for the year ended 31 March 2025 and will be

recognised when received. There were five known legacies which did not meet the recognition criteria at year end but have been received post year end, totalling £630k. These will be recognised once they meet the criteria per the accounting policy and Charities SORP.

12. Grant Commitments

The Charity provides grants for the Trust, and as such does not have direct control over when, or if, grant funding will be drawn down. For this reason, grant commitments are not recorded in the charity's accounts until there is certainty that the grant funding is needed, and that the terms and conditions for payment have been met. Grant commitments outstanding at the yea ~~r-~~ end are as follows:

Unrestricted Funds

Unrestricted Funds
	31 March 2025
	£'000s
General Fund	92
WestRaynham Patients Fund	74
Shouldham Ward Patient Fund	2
Breast Cancer Unit Development Fund	‘
Cancer Care and Treatment Fund	205
Critical Care Unit Fund	4
StaffFund	6
Patients Equipment Fund	50
Childrens Centre Fund	4
	435

There are no restricted fund commitments at 31 March 2025 ~~.~~

a. i

a 68

ot ee >

NS > ae] ~ ey)

——— =

----- Start of picture text -----
ao
----- End of picture text -----

----- Start of picture text -----
:
----- End of picture text -----

----- Start of picture text -----
lia eS
----- End of picture text -----

----- Start of picture text -----
~ ey) |/
vs
----- End of picture text -----

aoe

3

: 13. Auditor Remuneration isability sy % gE © j The external auditor's a ai remuneration for the current VY year exclusive of VAT is £12k (2024 a An | £17k). This relates solely to the audit with A ey “eee | 0 Other additional work undertaken and : t | . . eee is included in the accounts within L | G i: Management / Governance Te - im Re Costs. AJ

AJ

ok ns NNN Ho 4 all ie=_ al ReAL & ny 7 dif » J=me * * : ro. \ bh” « Aeameee pi, 27 ra) SRE Sree hs. KI ¢ © SUE oF Ff ii * a . : tea AR Mu) es ate of

’

A Pe

ee

we The OLE Carr,

Enterprise Mobility

7 of