2023-03-31-accounts - The Liverpool Heart And Chest Hospital Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Nicholas Brooks	Non - Executive Director
Louise Robson	Non-Executive Director from May 2022
Margaret Carney	Non - Executive Director
Julian Farmer	Non - Executive Director
Bob Burgoyne	Non - Executive Director
Karen O'Hagan	Non - Executive Director
Val Davies	Chair from April 2022
Jane Tomkinson	Chief Executive Officer
Raphael Perry	Medical Director 8 Deputy CEO
Karen Edge	Chief Finance Officer
Sue Pemberton	Director ofNursing 8 Quality
Jonathan Mathews	Chief Operating Officer

Barclays Bank Pic	Hill Dickinson	Hill Dickinson
North West Larger Businesses	Pearl Assurance	House
P0 Box378	Derby Square
71 Grey Street	Liverpool
Newcastle Upon Tyne	L2 9XL
NE99 1JP

."he service

Page 22

				2022-23	2021-22
			Note	Total	Total
				Funds	Funds
				f000	f000
Income and endowments	from:		1.3
Donations and legacies *			4.5	604	548
Other trading activities			4.6	13	8
Income &om Investments *6				2	0
Income &om Charitable activities				74	1
Total income and endowments				693	557
Expenditure on:			1.6, 1.7,3.1,4.1
Raising funds			1.9,4.2	(191)	(164)
Charitable activities			4.3	(821)	(770)
Other expenditure Total expenditure			4.4	(4) ~1916	(3) ~939
Net gains/( losses) on investments			6.3	(23)	85
Net income/(expenditure)	and net movement	in funds		~346	(295)
Reconciliation offunds:
Total funds brought forward				1666	2 161
Total funds carried forward				1,520	1,866

							2022-23	2021-22
							Total	Total
							Funds	Funds
							f000	f000
Cash flows from operating		activites:
Net cash provided by (used		in) operating		activities			(803)	(733)
Cash flows from investing		activities:
Dividends and interest I'rom investments								0
Extra Investment								(300)
Net cash provided by (used		in) investing		activities				(300)
Change in cash and cash equivalents			in the	reporting		period	(801)	(1,033)
Cash and cash equivalents		at the beginning		of	the reporting
period							1,311	2,344
Cash and cash equivalents	at the end		ofthe	reporting		period	510	1,311
Reconciliation ofnet income/(expenditure)					to net	cash flow
from operating activities:
							2022-23	2021-22
							f000	f000
Net income/(expenditure)	for the reporting				period	(asper
the statement offinancial	activities)						(346)	(295)
Adjusted for:
(Gains)/losses on investments							23	(85)
Dividends and interest sum investments							(2)	0
(Increase)/decrease in stock							0	3
(Increase)/decrease in debtors							0	252
Increase/(decrease) in creditors							(479)	(608)
Net cash provided by (used		in) operating		activities			(803)	(733)
Analysis ofcash and cash	equivalents:
							2022-23	2021-22
							f000	F000
Cash at bank and in hand							510	1,311
Total cash and cash equivalents							510	1,311

pl Heart &Ches	t Hog ital Charit -2022/23
		Aggmgstc	Aggregate
		amount paid	amount paid
		2023	2022
Name ofrecipient and	number ofgrants
		f000	f000
Total resources expended		(1,016)	(937)
Less costofgenerating	funds	185	158
Less grants paid to individuals
Less admin/audit and	bank charges	37	36

							Total	costs	Total fuads	Total costs	Total funds
									raised		raised
								2023	2023	2022	2022
								5000	f000	f000	5000
Fund raising	costs						(191) ~191		617 617	(164) ~164)	557 557
Included within Ihe costofraising			funds are		the following stall costs:
				Net Cost			National		Peasion	Gross Cost	Cnoss Cost
							insurance		Employer
							Employer			2023	2022
					f000			5000	00	S)00	f000
Fundraising Stafl'						88		10	2		93
The average number ofstaff employed				during	Ihe	year was 2(2022/23: 2).
Robert Owen	House Supplies has		been	reclassified		ssachantable		activities	expenditure.
										Total	Total
										2023	2022
										0000	f000
StaifWc)fare										(2(XI)	(4(I5)
Contribution	to Liverpool Heart dt		Chest research							Hl )
Purchase ofnew equipment										(288)	(213)
Patient welt'are										( I I )	(6)
Education, training and		research expenses								(83)
New building	and refurbishment									(76)	( I I
Robot Runmng Costs Roben Owen House Repairs Roben Owen House Supplies										HO) (171 ~65) ~821)	(70) (18) (48) (770)
										Total	Total
										2023	2022
Miscellaneous	expenditure									Funds 4000 (4) (4)	Funds 5000 ~(3 (3)
Note: Miscellaneous		expenditure	mainly consists ofbank charges.

Net movement	5							Total	Total
in Funds								2023	2022
								Funds	Funds
								fees	f000
		Opening Balance						1,866	2,161
		Closing Balance						1,520	1,866
		Net movement	in funds	for the year
		Net movement	in funds	available for future activities				(346)	(295)
Analysis of	6							2023	2022
Fixed Asset	6.1	Fixed Asset Investments:						fees	f000
Investments
		Market value	at 1stApril					1,165	780
		Additional investment						0	300
		Net gain/(loss)	on revaluation						85
		Market value	at 31Mamh					1,142	1,165
		Historic cost at 31 March						700	700
	6.2	Market value	at 31March:				Held	2023	2022
							in UK	Total	Total
							f000	fees	f000
		Investments in a Common			Deposit Fund /
		Common	Investment	Fund
Analysis of	6.3	Total gmss income
gross income							Held	2022-23	2021-22
from							in UK	Total	Total
investments							6000	f000	f000
		Investments ia aCommon			Deposit Fund /
		Common	Investment	Fund			23	23	85
							23	23	85
	6.4	income Sum Charitable		activitim
								2022-23	2021-22
								Total	Total
								0000	1000
		income Oom Robert Owen			House accommodation/telephone	charges
		and fundraising sales						74
								74	I

		2023	2022
$.1	Amounts falling due within one year.	g000	OOOO
	Trade creditors	0	0
	Accruals	(109)	(619)
	Balance owed to Liverpool Heart &.Chest	(31)	0
	Total creditors falling due within one year	(140)	(619)
	Total creditors	(140)	(619)

Details of		Name offuad		Balance	IucouuDg	Resent ces	Gains	Balance
charitable fusds				b/fwd	resources	expended	aad	c/fwd
				01April 2022 1000	f000	fees	(losses) fees	31March 2023 fees
	Material designated		funds
	A	Roben Owen House		76	126		22	140
	B	Heart Appeal		156				163
	C	LHCH Charity		1,062	476	-770	-59	709
	D	Lung Cancer		76				79
	E	Robohcs Fund		151		-39		105
	F	Cystic Fibmsis		67				66
	Total matefiat desigaated			I 588	605	-903	-28	I 62
		Misc. designated		278	88	-113	5	258
	Total charitable funds			1,866	693	-1,016	-23	I 20