**REGISTERED CHARITY NUMBER: 1052727**
## **Report of the Trustees and**
## **Unaudited Financial Statements for the Year Ended 31 March 2023**
## **for**
**Humber Teaching NHS Foundation Trust Charitable Funds**
360 Accountants Limited 18-19 Albion Street Hull East Yorkshire HU1 3TG
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Contents of the Financial Statements for the Year Ended 31 March 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|7|
|**Independent Examiner's Report**||8||
|**Statement of Financial Activities**||9||
|**Balance Sheet**||10||
|**Cash Flow Statement**||11||
|**Notes to the Cash Flow Statement**||12||
|**Notes to the Financial Statements**|13|to|19|
|**Detailed Statement of Financial Activities**|20|to|21|
## **Health Stars Charity: Trustee Report for the Year Ended 31 March 2023**
## **Introduc�on**
The purpose of the Health Stars Charity is to provide “extra sparkle” to the work of the Humber Teaching NHS Founda�on Trust.
**Our Vision:** Health Stars envisions contribu�ng to a thriving healthcare environment for NHS teams and their pa�ents by embracing generosity and inves�ng in innova�on.
**Our Mission:** To promote the development of excep�onal healthcare beyond NHS core services through investments in people, environments, resources, training, and research.
and partners.
The Charity served as a catalyst for care and facili�es that augmented core NHS services, providing comfort and memorable experiences for pa�ents and their families. Health Stars posi�oned itself to support both capital projects and small-scale changes to enhance the well-being of pa�ents, carers, and employees.
A number of fund requests to Health Stars were received in 22/23. These “Wishes” came from across the Trust and from every division where staff and pa�ents saw an opportunity to enhance resources. They included items and equipment for those living with demen�a, therapeu�c garden equipment, sea�ng for outdoor interac�ons, and support for mental health awareness days and Christmas ac�vi�es.
reopened in Autumn 2022.
A notable event in 2022 was the CEO Challenge, where Michele Moran, the CEO, virtually cycled from Willerby to Whitby. This engaging ini�a�ve not only raised funds but also garnered support from generous sponsors, partners, and suppliers. The virtual journey symbolised the collabora�ve spirit driving Health Stars, with each pedal contribu�ng to the well-being of pa�ents and enhancing healthcare experiences.
brought fresh perspec�ves and talents to the team, they also posed ini�al challenges in maintaining con�nuity. Through effec�ve leadership and commitment, the organisa�on successfully integrated new team members, fostering a collabora�ve and innova�ve work environment.
2023/24, to develop closer working rela�onship with the Trust communica�ons and opera�onal teams.
Health Stars had to tackle several challenges during 2022/23. The year began with adjustments to staffing, followed by the organisa�on's efforts to emerge from the lingering effects of the COVID-19 pandemic. Addi�onally, the charity faced the pressing challenges of the cost-of-living crisis and had to adapt to unexpected circumstances, including the rescheduling of the planned Golf Day due to the passing of Her Majesty The Queen.
As the cost of living increased for many households, the charity looked at new innova�ve ways to fundraise including increasing engagement with corporate partners and suppliers.
Against this backdrop, a hear�elt thank you is extended to all supporters who contributed to Health Stars during 2022/23. The charity strives to be a testament to partnership working, ensuring beyondthe-norm resources are available for the evolving needs of healthcare across the Humber Teaching NHS Founda�on Trust service area. Trustees look forward the Charity’s further evolu�on in 2023/24 and beyond.
## **OBJECTIVES AND ACTIVITIES**
##
In the repor�ng year, Health Stars con�nued to develop and operate a clear and transparent system to access charitable funds across the Humber Teaching NHS Founda�on Trust services, The Circle of Wishes, for pa�ent, carer and employee benefit in line with the objects of the charity and special purpose funds.
The central (Big Thank You) fund has NHS wide objec�ves and is held centrally and available for the Trustee’s to apply the income at their discre�on so far as permissible for any charitable purpose rela�ng to the NHS.
As highlighted in the repor�ng year, a number of requests for enhancements were delivered by the Charity. Work is underway to refresh the charity and grow staff awareness of the charity and how charitable funds can be accessed in order to make a difference to service areas within Humber Teaching NHS Founda�on Trust. A close working rela�onship has been established with the Trust communica�ons team and we an�cipate that 2023/2024 will see further growth and evolvement for Health Stars.
##
of each wish;
- Is the Wish an enhancement of the current statutory provision?
- Would you put a pound in a collec�on box for this ask (Public percep�on test?
## **ACHIEVEMENT AND PERFORMANCE**
## **Fundraising ac�vi�es**
In the repor�ng year, the Trustees con�nued to commission the HEY Smile Founda�on to deliver the opera�ons of the charity and provide addi�onal strategic leadership.
Income was raised from individuals, corporate supporters, grant-giving trusts, direct dona�ons from grateful families and our range of fundraising ac�vi�es, and from interest on fund balances. Health Stars is an ac�ve member of NHS Chari�es Together.
The Charity con�nues to receive communica�on from our investment bankers CCLA Investment Management Ltd (COIF Charitable Funds) and from the Charity Commission.
## **FINANCIAL REVIEW**
## **Financial Highlights**
A total of £78,255 was raised in year details of which are included in the accounts, against this income a total of £170,749 was expended, this reduced the net balance of funds to £307,907 as at the 31[st] March 2023.
## **Investment policy and objec�ves**
The Charity has a deposit account with CCLA Investment Management Ltd (COIF Charitable Funds). Dividends are paid into a high-interest deposit account which remains greater than a standard current account.
The Charity also has 510 COIF Chari�es Investment fund income units with a value of £9,556 at the end of March 2023.
The Charity has endeavoured to maximise the return from the resources in the COIF Deposit Funds as we have no fixed commitments on these funds to require any significant movement in the next six months.
The Charitable Fund's Commitee reviews the investments and banking arrangements taking advice from our professional advisors each year. There were no addi�onal investments or realised investments during 2022/2023.
## **Accoun�ng Policy**
In preparing these accounts, the charity has adopted the provisions of Accoun�ng and Repor�ng by Chari�es: Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS 102) (effec�ve 1 January 2019).
## **Reserves policy**
Our reserve policy aims to ensure a minimum of six months of opera�ng costs in the bank.
## **FUTURE PLANS**
The aims and objectives for the next twelve months are to continue to work to deliver on our threeyear strategy. The strategy is framed around five key workstreams:
- Income generation to support a three-year delivery plan
- Internal relationships, awareness and impact maximisation
- External communications, marketing and community positioning
- Improved working with fund guardians
- New more effective Circle of Wishes system and new website
In addition to the workstreams, three key priority areas have been identified for 2023/24 as follows:
- Build a network of Charity Champions
- Greater engagement with clinical teams
- Energising the funds
Our charitable expenditure will continue to be determined by the requests from staff and patients may include the following areas of spend:
- Purchase of Medical equipment
- Enhancement of patient facilities
- Support of research projects
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Charity structure**
The Charity was incorporated by a declara�on of trust deed dated 15th January 1996 and all funds held on Trust as at the date of registra�on was either part of the unrestricted funds, designated or restricted funds. These funds are allocated under an Umbrella charity.
objects of each fund. By designa�ng funds, the Charity respects the wishes of our generous donors to benefit pa�ent care and advance the good health and welfare of pa�ents, carers and staff. Where funds have been received which have specific restric�ons set by the donor, the dona�on will be ringfenced for a specific area within the broader relevant fund.
The charitable funds available for spending are allocated to speciali�es within the Humber Teaching NHS Founda�on Trust's Directorate management structure. Each alloca�on is managed by use of a designated fund zone with Fund Guardians assigned to each.
The Trust Board are the Corporate Trustee, The Trust Board consists of Execu�ve and Non-Execu�ve Directors. Execu�ve Directors are subject to the Trust's recruitment policies.
The Chair gives new members of both the Humber Teaching NHS Founda�on Trust Board and the Charitable Funds Commitee a briefing on the current policies and priori�es for the charitable funds. A guided tour of the Humber Teaching NHS Founda�on Trust's facili�es which have benefited from the Charity, plus any addi�onal training that their role(s) may require, arealso offered.
The Charitable Fund's Commitee, working closely with the commissioned charity services provided by HEY Smile Founda�on, effec�vely executed the Trustees' responsibili�es. Ac�ng for the Corporate Trustee, the Charitable Funds' Commitee is responsible for the overall management of the Charitable Funds. The Commitee is required to:
- Provide support, guidance and encouragement for all its income-raising ac�vi�es while managing and monitoring the receipt of all income.
- Control, manage and monitor the use of the fund's resources.
responsibili�es.
- Ensure that the Investment Policy approved by the Founda�on Trust Board, as Corporate Trustee, is adhered to and that performance is con�nually reviewed while being aware of ethical considera�ons.
- Keep the Humber Teaching NHS Founda�on Trust Board fully informed on the ac�vity, performance and risks of the Charity.
The accoun�ng records and the day-to-day administra�on of the funds are dealt with by the Finance Department and the Health Stars Charity manager, based at Humber Teaching NHS Founda�on Trust, Beverley Road, Willerby, East Yorkshire.
The fundraising, grant-making and other administra�on of funds is dealt with by The Health Stars at the same address.
## **Principal charitable fund advisor to the board**
Under a scheme of delegated authority approved by the Corporate Trustee, the nominated execu�ve director has overall responsibility for the management of the Charitable Funds.
The arrangements for approval of charitable fund expenditure is controlled under the scheme of delega�on of the Corporate Trustee, and are as follows:
Delega�on limits
Up to £1,000 Authorisa�on from Health Stars Fundraising Manager and Fund Guardian
£1,001 - £4,999 Further authorisa�on from Director of Finance and Service Lead
£5,000 - £25,000 Further authorisa�on from Charitable Funds Commitee
£25,001 and above noted by Humber Teaching NHS Founda�on Trust Board via an assurance report.
accoun�ng for the charitable funds during the year. Opera�onal support to the financial administra�on con�nues to be provided by HEY Smile Founda�on. The Independent Examiners are 360, Chartered Accountants based in Hull. All the financial procedures are operated through the XERO finance system.
## **Key personnel**
The Humber Teaching NHS Founda�on Trust Chief Execu�ve and Chair take an ac�ve interest in the Charity aiding its delivery and priority alongside the following;
Execu�ve Lead for Health Stars – Director of Workforce and OD Teaching NHS Founda�on Trust
Chair of Charitable Funds Commitee
CEO of Hull and East Yorkshire Smile Founda�on Head of Smile Health
Fundraising manager and Head of Smile Health
## **Working in partnership**
We are delighted to work with a range of community partners including the numerous of League of Friends groups suppor�ng the hospitals across our service area. Likewise, we look to work with funders, not just request investment, whether they are corporate, community partners or individual donors.
## **Risk management**
The Corporate Trustee is responsible for managing risk issues for the Charity, which is underpinned by the internal policies and procedures of the Humber Teaching NHS Founda�on Trust, including;
Code of Conduct; Standing Orders;
Standing Financial Instruc�ons and Scheme of Delega�on;
Charitable procedures
Fundraising
Grant management;
and Fraud Policy.
considered. They have been reviewed and systems established to mi�gate those risks. The most significant risk iden�fied is the challenge to fundraising in the pandemic environment, whilst we saw us begin to exit the pandemic, events did not go ahead as planned and had to be cancelled resul�ng in lost income. All risks are carefully considered, and there are procedures in place to review the reserves policy and to ensure both spending and firm financial commitments remain in line with income.
Income and expenditure are regularly monitored. Lis�ngs of income and expenditure and the balance on individual funds are examined on a monthly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered Charity number
1052727
## **Principal address**
Finance Department Trust Headquarters Willerby East Yorkshire HU10 6ED
## **Trustees**
Charitable funds received by the Charity are accepted, held and administered as Funds and Property Held on Trust for purposes rela�ng to the health service in accordance with the Na�onal Health Service Act 1977 and the Na�onal Health Service and Community Care Act 1990. These funds are held in Trust by the corporate body.
The Humber Teaching NHS Founda�on Trust is the Corporate Trustee of the Charitable Funds governed by the law applicable to Trusts, principally the Trustee Act 2000 and the Chari�es Act 2011.
The Humber Teaching NHS Founda�on Trust Board devolved responsibility for the on-going management of funds to the Charitable Funds Commitee that administers the funds on behalf of the Corporate Trustee.
The names of those people who serve as agents for the corporate Trustee, as permited under regula�on 16 of the NHS Trusts (Membership and Procedures) Regula�ons 1990, is as follows as at 31st March 2022;
Ms C Flint Chair, Non-Execu�ve Director
Mrs M Moran Chief Execu�ve
Mrs H Gledhill Director of Nursing, Allied Health and Social Care
Mr P Beckwith Director of Finance
Mr M Smith Non-Execu�ve Director
Mr F Paton Non Execu�ve Director
Mr D Royles Non-Execu�ve Director
Mr H Malik Non-Execu�ve Director
Mr S McKinnon-Evans Non-Execu�ve Director
Mr S McGowan Director of Workforce and Organisa�onal Development
Dr J Byrne Medical Director le� 30/6/22
Dr Dasari Michael Medical Director 1 July to 30 September 2022
The Directors do not receive remunera�on or expenses from the Charity.
## **Independent Examiner**
360 Accountants Limited 18-19 Albion Street Hull East Yorkshire HU1 3TG
## **Bankers**
Na�onal Westminster Bank Plc 34 King Edward Street Hull East Yorkshire HU1 3SS
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Report of the Trustees for the Year Ended 31 March 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS Bankers**
National Westminster Bank Plc 34 King Edward Street Hull East Yorkshire HU1 3SS Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr P Beckwith - Trustee
Page 7
## **Independent Examiner's Report to the Trustees of Humber Teaching NHS Foundation Trust Charitable Funds**
## **Independent examiner's report to the trustees of Humber Teaching NHS Foundation Trust Charitable Funds**
I report to the charity trustees on my examination of the accounts of Humber Teaching NHS Foundation Trust Charitable Funds (the Trust) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Mark Steele FCA FCCA
360 Accountants Limited 18-19 Albion Street Hull East Yorkshire HU1 3TG
Date: .............................................
Page 8
## **Humber Teaching NHS Foundation Trust Charitable Funds**
## **Statement of Financial Activities for the Year Ended 31 March 2023**
|Unrestricted
fund
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
**25,144**
**Charitable activities**
Patient Education, Welfare &
Amenities
**-**
Investment income
2
**6,611**
**Total**
**31,755**
**EXPENDITURE ON**
**Charitable activities**
3
Patient Education, Welfare &
Amenities
**168,862**
Net gains/(losses) on investments
**-**
**NET**
**INCOME/(EXPENDITURE)**
**(137,107)**
**RECONCILIATION OF**
**FUNDS**
Total funds brought forward
**6,096**
**TOTAL FUNDS CARRIED**
**FORWARD**
**(131,011)**|Restricted
Endowment
fund
fund
£
£
**-**
**-**
**46,500**
**-**
**-**
**-**
**46,500**
**-**
**1,887**
**-**
**-**
**(360)**
**44,613**
**(360)**
**384,749**
**9,916**
**429,362**
**9,556**|**31/3/23**
**Total**
**funds**
**£**
**25,144**
**46,500**
**6,611**
**78,255**
**170,749**
**(360)**
**(92,854)**
**400,761**
**307,907**|31/3/22
Total
funds
£
52,988
10,064
434
63,486
366,646
774
(302,386)
703,147
400,761|
|---|---|---|---|
The notes form part of these financial statements
Page 9
## **Humber Teaching NHS Foundation Trust Charitable Funds**
## **Balance Sheet 31 March 2023**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Investments
7
**-**
**CURRENT ASSETS**
Debtors
8
**132,090**
Cash at bank
**11,887**
**143,977**
**CREDITORS**
Amounts falling due within one
year
9
**(274,988)**
**NET CURRENT**
**ASSETS/(LIABILITIES)**
**(131,011)**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**(131,011)**
**NET ASSETS**
**(131,011)**
**FUNDS**
11
Unrestricted funds
Restricted funds
Endowment funds
**TOTAL FUNDS**|Restricted
Endowment
fund
fund
£
£
**-**
**9,556**
**-**
**-**
**431,249**
**-**
**431,249**
**-**
**(1,887)**
**-**
**429,362**
**-**
**429,362**
**9,556**
**429,362**
**9,556**|**31/3/23**
**Total**
**funds**
**£**
**9,556**
**132,090**
**443,136**
**575,226**
**(276,875)**
**298,351**
**307,907**
**307,907**
**(131,011)**
**429,362**
**9,556**
**307,907**|31/3/22
Total
funds
£
9,916
142,480
400,190
542,670
(151,825)
390,845
400,761
400,761
6,096
384,749
9,916
400,761|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr P Beckwith - Trustee
The notes form part of these financial statements
Page 10
## **Humber Teaching NHS Foundation Trust Charitable Funds**
|**Cash Flow Statement**
**for the Year Ended 31 March 2023**
**31/3/23**
Notes
**£**
**Cash flows from operating activities**
Cash generated from operations
1
**(973)**
Net cash used in operating activities
**(973)**
**Cash flows from investing activities**
Sale of fixed asset investments
**(360)**
Revaluation of investments
**360**
Interest received
**6,611**
Net cash provided by investing activities
**6,611**
**Change in cash and cash equivalents in the**
**reporting period**
**5,638**
**Cash and cash equivalents at the beginning**
**of the reporting period**
2
**400,190**
**Cash and cash equivalents at the end of the**
**reporting period**
2
**405,828**|31/3/22
£
(204,906)
(204,906)
774
(774)
434
434
(204,472)
604,662
400,190|
|---|---|
The notes form part of these financial statements
Page 11
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Cash Flow Statement for the Year Ended 31 March 2023**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net expenditure for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Losses/(gain) on investments
Interest received
Decrease in debtors
Increase in creditors
**Net cash used in operations**
**2.**
**ANALYSIS OF CASH AND CASH EQUIVALENTS**
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents
**3.**
**ANALYSIS OF CHANGES IN NET FUNDS**|**31/3/23**
**£**
**(92,854)**
**360**
**(6,611)**
**10,390**
**87,742**
**(973)**
**31/3/23**
**£**
**443,136**
**(37,308)**
**405,828**|31/3/22
£
(302,386)
(774)
(434)
2,350
96,338
(204,906)
31/3/22
£
400,190
-
400,190|
|---|---|---|
|**Net cash**|At 1/4/22
Cash flow
**At 31/3/23**
£
£
**£**|
|---|---|
|Cash at bank|**400,190**
**42,946**
**443,136**|
|Bank overdrafts|**-**
**(37,308)**
**(37,308)**|
||**400,190**
**5,638**
**405,828**|
|**Total**|**400,190**
**5,638**
**405,828**|
The notes form part of these financial statements
Page 12
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||**31/3/23**|31/3/22|
||**£**|£|
|Deposit account interest|**6,611**|434|
continued...
Page 13
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **3. CHARITABLE ACTIVITIES COSTS**
|Patient Education, Welfare & Amenities
**4.**
**SUPPORT COSTS**
Management
£
Patient Education, Welfare & Amenities
**20,660**|Support
Direct
costs (see
Costs
note 4)
£
£
**148,803**
**21,946**
Governance
Finance
costs
£
£
**86**
**1,200**|Totals
£
**170,749**
Totals
£
**21,946**|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **6. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**31/3/23**
31/3/22
**£**
£
**17,342**
32,631
**1,549**
2,442
**141**
704|
|---|---|
||**19,032**
35,777|
|The average monthly number of employees during the year was as follows:
Employed staff|**31/3/23**
31/3/22
**2**
2|
No employees received emoluments in excess of £60,000.
Employed Staff are employed by The HEY Smile Foundation on behalf of the Charity.
continued...
Page 14
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **7. FIXED ASSET INVESTMENTS**
|**MARKET VALUE**
At 1 April 2022
Impairments
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
There were no investment assets outside the UK.
Cost or valuation at 31 March 2023 is represented by:
Valuation in 2022
Valuation in 2023
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors|Listed
investments
£
**9,916**
**(360)**
**9,556**
**9,556**
9,916
**Listed**
**investments**
**£**
**9,916**
**(360)**
**9,556**
**31/3/23**
31/3/22
**£**
£
**132,090**
142,480|
|---|---|
continued...
Page 15
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 10)
Trade creditors
Other creditors
**10.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**11.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**Endowment funds**
Endowement Fund
**TOTAL FUNDS**|At 1/4/22
£
**6,096**
**384,749**
**9,916**
**400,761**|**31/3/23**
**£**
**37,308**
**238,367**
**1,200**
**276,875**
**31/3/23**
**£**
**37,308**
Net
movement
in funds
£
**(137,107)**
**44,613**
**(360)**
**(92,854)**|31/3/22
£
-
150,625
1,200
151,825
31/3/22
£
-
At
31/3/23
£
**(131,011)**
**429,362**
**9,556**
**307,907**|
|---|---|---|---|
continued...
Page 16
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**Endowment funds**
Endowement Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**Endowment funds**
Endowement Fund
**TOTAL FUNDS**|Incoming
resources
£
**31,755**
**46,500**
**-**
**78,255**|Resources
expended
£
**(168,862)**
**(1,887)**
**-**
**(170,749)**
At 1/4/21
£
319,320
374,685
9,142
703,147|Gains and
Movement
losses
in funds
£
£
**-**
**(137,107)**
**-**
**44,613**
**(360)**
**(360)**
**(360)**
**(92,854)**
Net
movement
At
in funds
31/3/22
£
£
(313,224)
6,096
10,064
384,749
774
9,916
(302,386)
400,761|
|---|---|---|---|
continued...
Page 17
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
53,422
(366,646)
**Restricted funds**
Restricted
10,064
-
**Endowment funds**
Endowement Fund
-
-
**TOTAL FUNDS**
63,486
(366,646)
A current year 12 months and prior year 12 months combined position is as follows:
At 1/4/21
£
**Unrestricted funds**
General fund
319,320
**Restricted funds**
Restricted
374,685
**Endowment funds**
Endowement Fund
9,142
**TOTAL FUNDS**
703,147|Gains and
Movement
losses
in funds
£
£
-
(313,224)
-
10,064
774
774
774
(302,386)
Net
movement
At
in funds
31/3/23
£
£
(450,331)
(131,011)
54,677
429,362
414
9,556
(395,240)
307,907|
|---|---|
continued...
Page 18
**Humber Teaching NHS Foundation Trust Charitable Funds**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**Endowment funds**
Endowement Fund
**TOTAL FUNDS**|Incoming
resources
£
85,177
56,564
-
141,741|Resources
expended
£
(535,508)
(1,887)
-
(537,395)|Gains and
Movement
losses
in funds
£
£
-
(450,331)
-
54,677
414
414
414
(395,240)|
|---|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
During the year there were transactions undertaken with the HEY Smile Foundation, the commissioned supplier of charitable services to Humber Teaching NHS Foundation Trust.
As at 31 March 2023, the charity owed The HEY Smile Foundation £3286 (2022 - £625).
As at 31 March 2023 the charity was owed £330 (2022 - £Nil) by The HEY Smile Foundation.
Page 19
## **Humber Teaching NHS Foundation Trust Charitable Funds**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the Year Ended 31 March 2023**|||
||31/3/23|31/3/22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**25,144**|52,688|
|Gifts in kind income|**-**|300|
|**Investment income**|**25,144**|52,988|
|Deposit account interest|**6,611**|434|
|**Charitable activities**|||
|Grants|**46,500**|10,064|
|**Total incoming resources**|**78,255**|63,486|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Grant funding of activities|**106,938**|284,721|
|Governance costs|**40,865**|40,473|
|Gift in kind expenses|**1,000**|300|
|**Support costs**|**148,803**|325,494|
|**Management**|||
|Wages|**17,342**|32,631|
|Social security|**1,549**|2,442|
|Pensions|**141**|704|
|Telephone|**315**|-|
|Advertising|**69**|619|
|Sundries|**1,001**|2,093|
|Travel|**243**|1,379|
|**Finance**|**20,660**|39,868|
|Bank charges|**86**|84|
|**Governance costs**|||
|Independent examination|**1,200**|1,200|
|Total resources expended|**170,749**|366,646|
|**Net expenditure before gains and losses**|**(92,494)**|(303,160)|
This page does not form part of the statutory financial statements
Page 20
## **Humber Teaching NHS Foundation Trust Charitable Funds**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023**
||31/3/23|31/3/22|
|---|---|---|
||£|£|
|**Realised recognised gains and losses**|||
|Realised gains/(losses) on fixed asset investments|**(360)**|774|
|**Net expenditure**|**(92,854)**|(302,386)|
||||
This page does not form part of the statutory financial statements
Page 21