CHESTERFIELD RQYAL
CHARITY
GIFT OF OUTSTANDING
CHESTERFIELD ROYAL HOSPITAL NHS
FOUNDATION TRUST GENERAL CHARITY
CHARITY NUMBER: 1052913
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED: 31 MARCH 2024

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
YEAR ENDED 31ST MARCH 2024
CONTENTS:
Trustees Report Pages 1-13
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 12
Page 13
Foreword
Referen￿ and Administrative Details
Structure, Governance and Management
Terms of Reference
Risk Management
Partnership working and Networks
Annual Review
Reserves Policy and Our Future Plans
Review of Finan￿ Achievement and Performan
Performan￿ Management
Statement of Trustees, Responsibilities
Independent Examinerfs Report Page 14
Financial Statements Page 15-27
Page 15
Page 16
Page 17
Page 18
statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Statements

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL GHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Foreword
The Corporate Trustee presents the Charitable Funds Annual Report together with the Financial
Statements for the year ended 31 March 2024.
The accounts (financial statements) have been prepared in accordance with the Statement of
Recommended Practice: Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102) and the Charities Act 2011 and UK Generally A￿pted Practi￿.
The Charity has a Corporate Trustee: the Chesterfield Royal Hospital NHS Foundation Trust. The
members of the NHS Foundation Trust Board who served during the financial year were as follows..
Executive Directors
Dr Hal Spencer
Michelle Veitch
Steven Heppinstall
Kevin Sargen
Caroline Wade
Krishna Kallianpur
Jon Cort
Chief Executive
Chief Operating OffI￿r
Executive Director of Finan￿, Improvement and Transformation
Medical Director
Director of Human ReSoUr￿S and Organisational Development
Director of Nursing and Patient Care
Chief Digital Officer
Non - Executive Directors
Dr Helen Phillips
Mahmud Nawaz
Dr Jeremy Wright
John Sommers
Paul Wood
Jayne Stringfellow
Sue Glew
Keith Nurcombe
Atulkumar Patel MBE
Nora Senior
lan Ailles
Chair (until 3110112024)
Chair (commencing 0110212024)
Non-Executive Director (until 3110712023)
Non-Executive Director (commencing 0110812023)
Non-Executive Director (commencing 0110812023)
Non-Executive Director and Senior Independent Director
Non-Executive Director
Non-Executive Director
Non-Executive Director
Non-Executive Director
Non-Executive Director
The Charitable Funds are registered with the Charity Commission (No 1052913) in accordance
with the Charities Acts 2011.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Reference and Administrative details
The main charity Chesterfield and North Derbyshire Royal Hospital NHS Trust, registered Charity
Number 1052913, was entered on the Central Register of Chartties on 10th October 1995. Further
to the change to Foundation Trust Status a Supplemental Deed of Declaration was made on the 15
September 2005 changing the title to Chesterfield Royal Hospital NHS Foundation Trust. As at 31
March 2024 the Charity is constituted of 19 individual funds and the notes to the accounts
distinguish the types of fund held and disclose separately all material funds.
Charitable funds received by the Charity are accepted, held and administered as funds held on
trust for purposes relating to the health service in accordance with the National Health Service Act
2006 and the Health and Social Care Act 2012 and these funds are held on trust by the Corporate
Trustee.
Trustee
The Chesterfield Royal Hospital NHS Foundation Trust is the Corporate Trustee of the Charitable
Funds governed by the law applicable to Trusts, principally the Trustee Act 2000 and the Charities
Act2011.
The NHS Foundation Trust Board devolved responsibility for the on-going management of funds to
the Charitable Funds comrnittee which administers the funds on behalf of the Corporate Trustee.
This committee was formed following the transfer of funds from North Derbyshire Health Authority
by Statutory Instrument in 1993.
The names of those people who served on the Charitable Funds Committee and therefore acted
as agents for the Corporate Trustee, as permitted under regulation 16 of the NHS Trusts
(Membership and Pro￿dure5) Regulations 1990 were as follows:
Atulkumar Patel MBE
Steven Heppinstall
Dr Helen Phillips
Jayne Stringfellow
Non-Executive Director
Executive Director of Finance. Improvement and Transformation
Non-Executive Director (until 3110112024)
Non-Executive Director and Senior Independent Director
(commencing 0110212024)
Principal Charitable Fund Advisers to the Board
The Executive Director of Finance, Improvement and Transfomiation has, under a scheme of
delegated authority approved by the Corporate Trustee, day to day responsibility for the
management of the Charitable Funds and must personally approve, on behalf of the Corporate
Trustee, all expenditure in eX￿s$ of £5k using his delegated authority. Expenditure in eX￿$S of
£15k rnust be approved by the Charttable Funds Committee and expenditure in excess of £100k
rnust be approved by all Trustees.
The Charity Director, Ken Godber acted as Secretary to the Charitable Funds Committee until
3110712024 and personally approved, on behalf of the Corporate Trustee. all expenditure under
£5k using his delegated authortty. From 0110812024 this role has been Carried out by the
Executive Director of Finance, Improvement and Transformation.
Anthea Sharratt, Head of Financial ServI￿s acted as the Principal Offi￿r, overseeing the day to
day financial management and accounting for the Charitable Funds.
The Charity does not have any employees, all staff costs relate to recharges for time spent on
Charitable Funds by staff wholly employed by Chesterfield Royal Hospttal NHS Foundation Trust.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Principal Office
The principal office for the Charty is:
Finance Department
Chesterfield Royal Hospital NHS Foundation Trust
Top Road
Calow
Chesterfield
Derbyshire
S44 5BL
Principal Professional Advisers
Bankers
Lloyds Bank plc
27 Market Place
Chesterfield
Derbyshire
S401PN
Solicitors
Beachcroft LLP
7 Park Square East
Leeds
LS1 2LW
Independent Examiner
Hawsons Chartered Accountants
Pegasus House
463a Glossop Road
Sheffield
S102QD
Investment Advisers
CCLA Investment Management Ltd
80 Cheapside
London
EC2V 6DZ
Structure, Governance and Management
The Charity's unrestricted General Fund was established using the model declaration of trust and
all funds held on trust as at the date of registration were part of this unrestricted fund. 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-
The Corporate Trustee fulfils its legal duty by ensuring that funds are spent in accordan￿ with the
objects of each fund and by designating funds. The Trustee respects the wishes of our generous
donors to benefit patient care and advance the good health and welfare of patients, carers and
staff.
The Charitable Funds available for spending are allocated to specialties within the NHS
Foundation Trust's management structure. Each allocation is managed by use of a designated
fund within the general unrestricted fund, by a restricted fund or an endowment fund.
For exatnple, there are Charitable Funds for Medicine and Emergency Care, which includes a
General Fund, Cardiac Care, Diabetic Patients. Stroke Patients and Haematology. The Charitable
funds within Surgical Services include the General, Breast Care, Stoma Care, Maxillofacial,
Urology and ITU.
Non-Executive members of the Trust Board of Directors are appointed by the Foundation Trust's
Council of Governors and Executive members are recruited by the Board of Directors. Members of
the Trust Board and Charitable Funds Committee are not individual trustees under Charity Law but
act as agents on behalf of the Corporate Trustee.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
All newly appointed members of the NHS Trust Board and Charitable Fund Committee are given
information about the Charity, including the governing document, the Charitable Funds Committee
tems of reference, trustee annual report and accounts and the policies and priorities of the
Charity. In addition information is given about trusteeship. including the Charity Commission
booklet CC3, The Essential Trustee.
Charitable Funds Committee Terms of Reference
The Charitable Fund Committee. under Standing Financial Instruction 20, has had Trustee
Responsibilities delegated to it by the Trust Board.
The Committee: _
1) Receive the governing document of any newly registered fund for adoption.
2} Receive recommendation for existing funds in respect of rationalising such funds or
increasing the number of funds"
3) Receive reports showng the income and expenditure position of the Charity", requests for
expenditure, also details of legacies and donations. In addttion the Committee will receive
formal feedback for expenditure in eX￿sS of £25k"
4) Refer all requests for expendtture in excess of £100k to all board members for approval"
5) Review a statement of balances held and commitments. ensuring where balan￿S are held,
that they can be justified in line with the reserves policy"
6) Receive reports on any irregularities in respect of fundraising or other matters.
7)
Be responsible for formulation of investment policies, the appointment of an investment
advisorlbroker and for participation in any common investrnent funds"
8) Receive reports reviewing investment perfornian￿.
9) Re￿]ve details on the appointment of appropriate banking services.
10) Receive the annual accountslannual reports for the Charity- and meet with all trustees to
approve these and to discuss any other charitable matters;
11) Receive details of any intemal audit reports relating to Charitable Funds. The accounting
records and the day-to-day administration of the fvnds are dealt with by the Finance
Department located at Chesterfield Royal Hospital NHS Foundation Trust. Top Road,
Calow, Chesterfield S44 5BL.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Risk Management
The Charity has a risk management strategy which includes the review of the Charity's risk
register. The risks and their corresponding actions designed to mitigate the risks are reviewed and
updated (where necessary). The risk register is a standing item for discussion annually at the
Charitable Funds Committee meetings, which are held quarterly.
The board members recognise that they are responsible for the Charity's investment and cash
assets.
The Board of the NHS Foundation Trust meets separately when acting as Trustee of the Charity,
demonstrating clear separation and autonomy of governance. meeting fonnally as Trustee of the
Charity at least once a year. No business shall be transacted at a meeting of the Trust unless at
least one-third of the whole number of the directors are present all decisions made outside of the
Committee are made by a Quorum and minutes are included in the following Committee meeting.
A Quorum is any two members of the commjttee.
The Committee regularly reviews the activities of the Charity and assesses the major risks to which
the Charity is potentially exposed, i.e. financial. operational and reputation and is satisfied that
systems are in place to mitigate exposure to those risks.
Income and Expenditure is monitored and is compared with the approved plan on a monthly basis
to detect trends as part of the risk management process to avoid unforeseen calls on reserves.
The board members have formally set a limit on expenditure of £100k, above which its decision is
required" other lower financial limits are set out formally in the Trust's Financial Procedures as
follows=
Expenditure below £5k can be aLrthorised by the Fund Manager and Charity Director.
Expenditure between £5k and £15k requires authorisation from the Executive Director of
Finance, Improvement and Transformation.
Expenditure in excess of £15k requires approval from the Charitable Funds Committee.
Investments are monitored and trends compared to national indi￿S to highlight any unexpected
movements. As a minimum the Committee meets annually with its investment advisors to review
the perf0rrnan￿ of its investment portFolio.
The Charity's accounts are subject to an Independent Review and financial prO￿dureS are subject
to internal audit reviews, and any audtt recommendations are implemented.
The NHS is, by its very nature. subject to national changes in govemment policy as well as local
politically driven decisions. The trustees have identified this as a risk as it may mean initiatives or
healthcare activities supported by the Charity are no longer delivered in this area. The trustees
regularly liaise with our NHS partners to understand the changes that they are facing at an early
stage. The trustees also review our NHS partners, strategic plans when they are developing future
plans.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Partnership Working and Networks
The patients of Chesterfield Royal Hospital NHS Foundation Trust are the main beneficiary of the
Charity. Chesterfield Royal Hospital NHS Foundation Trust is a related party by virtue of being
Corporate Trustee of the Charity. By working in partnership with the Trust, the Charitable Funds
are used to best effect. When deciding upon the most beneficial way to use the Charitable Funds,
the Corporate Trustee has regard to the main activities, objectives, strategies and plans of the
Charity.
Objectives and Strategy
The Charity objecttves (as stated within the registration with the Charity Commission) are as
follows:
For any chartiable purpose or purposes relating to the National Health Service wholly or mainly for
the services provided by Chesterfield Royal Hospital NHS Foundation Trust.
The purpose of every charity is to provide 'public benefit. and each charity must demonstrate how
these requirements are met through their aims and activities. The focus of our activities as
described below is to benefit the staff and public who use the services of Chesterfield Royal
Hospital NHS Foundation Trust.
The operating objectives of the CharFty are as follows:
Ensure that funds are spent in accordance with the objects of each fund, and in line with
the Reserves Policy which states that Fund Managers should not hold fund balances in
eX￿sS of two years average income without justification.
To maximise investment returns of the Charity whilst ensuring an acceptable level of risk
in line with the Investment Policy.
To ensure the timely re￿IptIng of donations and legacies and ensure that they are
correctly designated to the relevant fund in line with the donor's wishes.
To effectively manage cash flow, ensuring there are sufficient liquid funds to meet
expenditure requirements.
Making our vision happen involves all our partners, staff, patients, carers and the community. We
invite you to join us to make this a reality. If you want to know more about how to make a donation
please contact the Head of Financial Services, Financial Services Dept., Chesterfield Royal
Hospital.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Annual Review: Our Activities
Donations to the charity have continued to support a wide range of charitable and health related
activities for public benefit. in respect of both patients and staff. In general, they are used to
purchase the very varied additional goods and ServI￿S that NHS funding does not cover. Overall,
we have made grant payments totalling £174k, detailed on page 10 and 11. to benefit our patients
and staff. Other activities include the following:
Artwork for the Trust's new Ur
ent and Emer
enc
Care De
artment
£13k
Artwork to create an interesting and pleasant environment for our patients in the new Emergency
Department
Patient Christmas Presents
Providing our Patients who are in hospital over the festive period with a gift, improving their
experience.
Seated Dance Classes for Peo
le Affected b a Cancer Dia
nosis
Providing our patients and their families with the opportunity to exercise, improving their sense of
wellbeing, emotional health and self-confidence.
Grant Making Policy
Grants are normally made from the Charity's unrestricted funds - our funds comprise three
potential elements.
Firstly the General Charitable Fund (unrestricted) which is constrftuted of donations and legacies
received by the Charity where no particular preferen￿ as to its expenditure has been expressed
by donors. Grants are targeted on projects in areas of the hospital that do not have available
designated funds to pay for them.
The second element relates to Special Purpose Funds (Designated) - these usually Gontain
donations and legacies where a particular part of the Hospital or activity was nominated by the
donor at the time their donation was made. Mhilst their nomination is not binding on the Trustee,
every effort is made to ensure the donor wishes are met. The designated funds are overseen by
Fund Managers who make recommendations on how to spend the money within their designated
area. These recommendations are considered and approved by the Trustees in line with the
delegated authorities, as detailed on page 6 of this report.
The third element relates to Restricted Funds - these are funds which are to be used for specific
purposes or projects.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Reserves Policy
The Trust reserves policy states that Fund Managers should not hold fund balances in eX￿sS of
two years average income without justification. Adherence to this policy is monitored quarterly and
where balances are in excess of the reserves policy Fund Managers are contacted to request an
update of future plans for expenditure on the fund.
The year-end level of free resenies of £1,147k (undesignated funds of £1.242k less grant
commitments of £95k) equates to 1.7 years average income. The Char-ttable Fund Committee has
considered Fund Managerfs expenditure plans to ensure they are satisfied that funds are not being
held without justification. The Committee is keen to maintain a level of balances under 2 yearfs
average income where possible.
We will be working to make more contribution to the Hospital during the next year to maintain
reserves in line with the policy.
Our Future Plans
The Chesterfield Royal Hospital NHS Foundation Trust General Charity has not only ambition for
the future but a sharpened focus on achieving this through effective plans thanks to a revised
Charity Fundraising and Engagement Strategy, developed by the Trust's Communications Service
with wider reaching engagement. This will be launched in 2024-25 and will demonstrate how
engagement, consistent and co-ordinated activity will maximise the impact of the Charity.
With wider political, social, economic and technical adVan￿S effecting the health and care sector,
the Charity will also need to continue to be responsive and positive to this dynamic environment.
The Charity has a long-standing commitment to support the Trust in all its strategic priorities. and
ultimately providing eX￿ptIOnal patient care. This will continue. together with greater
understanding and awareness of our market and the opportunities open to us.
The Charity has committed £95k in future spending to help make the experience of staff 2nd
patients more posttive, the details of these commitments can be found in Note 15 on page 27 of
the accounts.
With direct connection and support from the Communications Seniice, a new post has been
established to support and increase all planned activities,. The Fundraising and Engagement Lead,
expected to commence in early 2025, will deliver the aforementioned Fundraising and Engagement
Strategy.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
A Review of our Finances, Achievements and Performance
The net assets of the Charitable Funds as at 315t March 2024 were £1,272k (2023: £796k). Overall
net assets increased by £476k.
The Charity continues to rely on donations, legacies and investment income as the main sources
of income. Total incoming reSoUr￿S of £668k were up by £27k from the previous year.
Overall, expenditure was down on that of the previous year. Of the total expenditure of £229k
(2023: £2,375k) charitable expenditure on direct charitable activity was £223k (2023.. £2,293k).
Grants payable to other NHS charities
No grants were paid to other NHS charities.
Purchase of new equipment
New equipment expenditure of £20k (2023.- £33k) including the following:_
Three Recliner Chairs for Robinson Ward
£8k
To enable our patients to access appropriate chairs to prevent being nursed in bed for extended
periods, improving general health and to prompt post operative mobilisation.
Bladder Scanner for Durrant Ward
£8
To enable our patients to be diagnosed on the ward rather than travelling to another area,
improving both patient care and patient safely.
Two Cameras for Maxillofacial De
artment
To help support the Keep Britain Smiling campaign, the primary focus of the team is to improve the
dental health of children, teenagers and young adults in the area. The purchase of these two
cameras was the result of active fundraising by the department.
Trust Staff, Welfare and Amenities
Trust Staff Education, Welfare and Amenities expenditure of £36k, (2023: £73k), including the
following:_
Counsellin
Su
ort to Theatres and Critical Care
14k
To help improve work related stress for staff groups particularly affected by trauma and change
during the Covid Pandemic.
Staff Ebike Loan Service
£4k
The scheme provides staff the opportunity to try an electric bike at no cost to them, in the hope of
encouraging future purchases, benefiting staff health and the environment.
Women's Health Su
ort Packa
Providing drop-in sessions to enable staff to develop a support network" fruit, snacks, drinks and
free sanitary products have been provided for colleagues struggling with cost of living.
10

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Patient Welfare and Amenities
Patient Welfare expenditure of £118k (2023: £115k) includes the following'.-
Hairdressin
Medical Tattooist and Beautician Service
A service to provide hairdressing.. medical tattoos, and a beautician for our inpatients.
Com
limenta
Thera
Services for
eo
le affected b Cancer
£15k
Provision of complimentary therapies to assist with physical, emotional and psychological
symptoms of cancer to promote relaxation and to improve wellbeing for our patients.
The Swan Scheme
£9k
Enabling the Trust to add little touches that make such a difference to patients and their families
during end of life care", handprint kits, memory boxes, and books to support children's
understanding.
Wall Art and Travel Mu
s for our Dischar
e Loun
£4k
Providing wall art for a pleasant environment for our patients whilst in the Discharge Lounge and
travel mugs to allow a safe transit of hot drinks.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Performance Management
The Charity works closely with the NHS Foundation Trust to identify the appropriateness of funding
requests. An approval system has been established to ensure the appropriate level of internal
control is maintained over Charitable Fund expenditure. Fund Managers are authorised to commit
expenditure up to £5k on their Charitable Funds providing the "Objects" of the fund are met, this is
checked by the Executive Director of Finance, Improvement and Transformation, who also must
authorise all expenditure in excess of £5k and up to £15k before any order is placed for goods.
Authorisation for proposed expenditure in excess of £15k must be sought from the Charitable Fund
Trustees and above £1 Ook by all Trustees.
In cases where expenditure eX￿edS £25k feedback is required from the Fund Manager as to the
benefits to the Trust of the outlay.
Investments
The Investment policy requires that all monies. apart from working capital, be invested in securities
or other longer term investments, in order to maximise the overall return consistent with an
acceptable level of risk. As a result the bulk of our funds are invested with CCLA Management Ltd
which is a leading investment company, serving charities. churches and local authorrties. Monies
are invested in the COIF Charities Ethical Investment Fund- Income Units. The performance of
the investments is continually Monitored and reported on a quarterly basis to the Trustees. The
Charity investment policy excludes direct investment in tobacco companies.
The charity's investment advisors are appointed by the Trustee via a competitive prO￿sS every
three years. The committee decided in 2023124 that this contract should be re-awarded to CCLA
on the basis that the cost of removing the investment and re-investing elsewhere far outweighs any
benefits of investing elsewhere, to be reviewed in 2026127.
Going Concern
The trustees consider that there are no material un￿rtaintieS regarding the Charity's ability to
continue as a going cOn￿rn. There are no material Un￿rtaIntieS affecting the current year's
accounts.
12

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024
Statement of Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practi￿).
The law applicable to charities in England and Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of resources of the charity for that
period.
In preparing these financial statements, the trustees are required to"
select suitable accounting policies and apply them consistently"
observe the methods and principles in the Charities SORP 2019 (FRS102)',
make judgements and estimates that are reasonable and prudent"
state whether applicable accounting standards have been followed" and
prepare the financial statements on the going con￿rn basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to ensure
that the financial statements comply with the Charities Act 2011, the Charity (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
On behalf of the Trustees.
Atulkumar Patel MBE
Trustee

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
Independent Examiners Report to the Trustees of Chesterfield Royal Hospital Charity
I report to the charity trustees on my examination of the accounts of the charity for the year
ended 31 St March 2024 which are set out on pages 15 to 27.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145
of the Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145(5){b) of the Act.
Independent examineVs statement
Since the charity's gross income exceeded £250,000 your examiner must be a rnember of a
body listed in section 145 of the Act. I confirm that l am qualified to undertake the
examination because l am a member of the ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respect..
1. Accounting records were not kept in respect of the charity as required by section 130
of the Act" or
2. The accounts do not accord with those records,. or
3. The accounts do not comply with the applicable requirements con￿rning the form
and content of accounts set out in the Charities (Accounts and Reports} Regulation
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 COn￿mS 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.
SBladen
Simon Bladen FCA
Hawsons Chartered Accountants
Pegasus House
463a Glossop Road
Sheffield. S10 2QD
17 January 2025
14

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Note
Unrestricted
Funds
2024
£000
Restricted
Funds
2024
£000
Total
Funds
2024
£000
Total Funds
2023
£000
Income and endowments
from:
Donations and legacies
Investments
659
659
597
Total income
668
668
Expenditure on:
Raising Funds
Charitable Activities
Total expenditure
(6)
(223)
(229)
(6}
(223)
(229)
(82)
(2,293)
(2,375)
Net gainsl(losses) on
investments
Net incomel(expenditure)
Net movement in funds
37
37
(71)
476
476
(1,805)
(1,805)
476
476
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
766
30
796
2,601
796
1,242
30
1,272
15

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
BALANCE SHEEf AS AT 31 MARCH 2024
Total
Funds
Total
Funds
2023
£000
Note
2024
£000
Fixed assets
Investments
555
268
Current Assets
Debtors
Cash at bank and in hand
10
370
355
403
136
725
539
Creditors: amounts
falling due within one
year
Net Current Assets
Total assets less current
liabilities
12
717
528
1,272
796
Net assets
1.272
796
Charity Funds
Restricted Funds
30
30
766
Unrestricted Funds
1,242
Totsl charity funds
14
796
The financial statements were approved and authorised for issue by the Board on:
Signed on behalf of the board of trustees.
Date:
If kn2[ZS
The notes on pages 1 &27 form part of these financial statements
16

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
STATEMENT OF CASH FLOWS FOR YEAR ENDED 31 MARCH 2024
Total
Funds
2024
£000
Total
Funds
2023
£000
Note
13
Cash flow from operating activities
460
(1,867)
Cash flow from investing activities
Dividends and interest from investments
Proceeds from the sale of investments
Purchase of investments
Net cash flow from investing activities
1,220
(250)
(241)
1,264
Increasel{Decrease) in cash and cash
equivalents
219
(603)
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period
136
739
11
355
136
17

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
Accounting Policies
Basis of preparation
The financial statements have been prepared on a going concem basis under the
historic cost convention, with the exception of investments which are included at fair
value.
The accounts (financial statements) have been prepared in accordance with the
Statement of Recommended Practice" Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021 and the
Charities Act 2011 and UK Generally Accepted Practice.
b)
Funds structure
Restricted funds are funds which are to be used in accordance with specific
restrictions imposed by the donor_ Where the restriction requires the gift to be
invested to produce income but the trustees have the power trj spend the capital, it is
classed as expendable endowment.
Unrestricted income funds comprise those funds which the Trustee is free to use for
any purpose in fijrtherance of the charitable objects. Unrestricted income funds
include designated funds, where the donor has made known their non-binding wishes
or where the Trustees, at their discretion, have created a fund for a specific purpose.
Incoming resources
All incoming resourtrs are reGognised once the Charity has entitlement to the
resources, it is certain that the resources will be received and the monetary value of
incoming resources can be measured with sufficient reliability.
d)
Incoming resources from legacies
Legacies are accounted for as incoming resources either upon receipt or where it is
probable that it will be received. This will be once confinnation has been received from
the representatives of the estate(s) that payment of the legacy will be made or
propety transferred and On￿ all conditions attached to the legacy have been fulfilled.
Resources expended
Grants payable are payments made to third parties (including NHS bodies) in
furtherance of the charitable objects of the funds. They are accounted for on an
accruals basis where the conditions for their payment have been met. Where a third
party has a reasonable expectrdtion that they will receive the grant e.g. when an
approval has been authorised and a purchase order has been raised then a provision
for that expenditure is created. Contractual arrangements are recognised as goods or
services supplied.
Irrecoverable VAT
Irrecoverable VAT is charged against the category of resources expended for which it
was incurred.
18

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL GHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
g)
Allocation of overhead and support costs
Support costs are those costs which do not relate to a single activity. These include
some staff costs, costs of administration. intemal audit costs and IT support. Support
costs have been apportioned be￿een fundraising costs and charttable activities on an
appropriate basis (see note 4}
h)
Fundraising costs
The costs of generating funds are those costs attributsble to generating income for
the charity, Other than those costs incurred in undertaking charitable activities or the
costs incurred in undertaking trading activities in furtherance of the charity's objects.
The costs of generating funds represent fundraising costs together with investment
management fees.
Charitable activities
Costs of charitsble activities comprise all costs incurred in the pursuit of the charitable
objects of the Charity. These costs comprise direct costs and are categorised in note
i)
Fixed asset investments
Investments are stated at market value as at the balance Sheet date. The statement
of financial activities includes the net gains and losses arising on revaluation and
disposals throughout the year. Gains and losses on revaluation and disposals are
allocated to fund balances based on the average daily balan￿ relating to each fund.
k)
Realised ga(ns and losses
All gains and losses are taken to the Statement of Financial Activities as they arise.
Realised gains and losses on investments are calculated as the difference be￿een
sales proceeds and opening market value (purchase date if later>. Unrealised gains
and losses are calculated as the difference between the market value at the year end
and opening market value (or purchase date if later).
Tax
The Charity is an exempt charity within the meaning of Schedule 3 of the Charities Act
2011 and is considered to pass the tests set out in paragraph 1 schedule 6 of the
Finance Act 2010 and therefore it meets the definition of a charitable company for UK
corporation tax purposes.
Going Concern
After due consideration of all relevant factors, the trustees have a reasonable
expectation that the charity has adequate resources to continue in operational
existence for the foreseeable future_ Accordingly they continue to adopt the going
con￿rn basis in preparing the financial ststements.
19

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
Related Party transactions
The patients and staff of Chesterfield Royal Hospital NHS Foundation Trust are the
beneficiary of the Charity. The Charity has provided funding to the NHS Foundation Trust for
approved expenditure made on behalF of the charity.
During the year neither the Corporate Trustee nor members of the key management staff or
parties related to it has undertaken any material transactions with or received any
remuneration or expenses from Chesterfield Royal Hospital NHS Foundation Trust Charity.
An agreement has been reached that as part of the normal course of business the Charity has
made payments totalling £10k {2023.' £173k) to Chesterfield Royal Hospital NHS FT in respect
of payroll costs as Corporate Trustee of the Charity.
Income from donations and legacies
2024
£000
2023
£000
Donations received
Legacies
217
442
659
422
175
597
Donations received are from members of the public, relatives of patients and staff, companies
and NHS Charities Together. Donations 2nd legacies received in 2023 include £30k of
restricted funding
Total gross income from investments and cash on deposit
2024
£000
2023
£000
Investment in a Common Deposit Fund
Dividends received
Interest received
43
20

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
Allocation of Support costs and overheads
Once allocation andlor apportionment of overhead and support costs have been made to
Support and Governance Costs, the balance is apportioned across funds on the basis of
amounts expended.
Charitable Activtties
2024
£000
2023
£000
Salarie5 & related costs
122
Independent Examination
Other
16
128
The Charity does not have any employees, all staff costs relate to recharges for time spent on
Charitable Funds by staff wholly employed by Chesterfield Royal Hospital NHS Foundation
Trust_
Other than the rech2rge of support costs and overheads. the Twst or tts officersldirectors
received no other payments as Corporate Trustee.
Day to day running costs are classed as support costs. Support costs are apportioned to
charitable activity proportionate to expenditure.
Other costs include Insurance. Will servi￿ Fee and Just Giving Fee.
Analysis of charitsble expendÉture
Expenditure
2024
£000
Support Costs
2024
£000
Total
2024
£000
Total
2023
£000
Unrestricted Expenditure
Patient Welfare and Amenities
118
11
129
122
Trust Staff Welfare & Amenities
36
40
77
Equipment (non-capital)
12
13
Equipment (capital)
29
Building and Refurbishment
29
32
2,060
203
20
223
2,293
21

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
Analysis of grants
All grants are made to the Chesterfield Royal Hospital NHS Foundation Trust and the
Corporate Trustee operates a scheme of delegation, through which all grant funded activity is
managed by fund managers responsible for the day to day disbursements on their projects. in
accordance with the directions set out by the trustees in the Trust's standing financial
instructions and financial proGedures. The Charity does not make grants to individuals. The
total cost of making grants is disclosed in the activity analysis on the face of the Statement of
Financial Activities.
Governance Costs
Governance costs include the Independent Examiners fee for the year of £5k.
Governance costs are included in support costs in note 6 above.
Fixed asset investments
The Charity has no fixed assets other than fixed asset investments.
Movement in fixed asset investment
2024
£000
2023
£000
Market value brought fO￿ard as at 1 April
Add.. Purchases
Less.. Sales
Less.. Net Gainsl(Losses) on Revaluation
268
250
1,559
(1,220}
(71)
37
Market value carried forward as at 31 March
555
268
Market value of fÉxed asset investments
2024
£000
2023
£000
COIF Charities Investment fund
555
268
10
Debtors
2024
£000
2023
£000
Other debtors
370
403
22

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
11
Cash at bank and in hand
2024
£000
2023
£000
Current Account and Cash Balance
COIF Deposit Fund
324
31
355
114
22
136
12 Creditors
2024
£000
2023
£000
Creditors: amounts falling due within l year
Accruals
13 Reconciliation of net incomel{expenditure) to net cash flow from operating activities
2024
£000
2023
£000
Net incomellexpenditure) for the year
476
(1.805)
Gainsl(losses) on investments
Dividends and interest from investments
Decrease in debtors
(Decrease) in Greditors
Net cash flow from operating activities
(37)
(91
33
(31
460
71
(441
(53)
(36)
(1,867)
23

GHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL GHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
14
Charity Funds
Fund
Balance
blfwd
£OOOs
Incoming Resources
Resources
Expended
Gains
Fund
and Transfers
(Losses)
£OOOs
Fund
Balance
cjfwd
£OOOs
2024
£OOOs
£OOOs
£OOOs
Restricted Funds
NHS CT
Development
30
30
Unrestricted Funds
General Fund
198
180
(103)
37
(148)
164
Cardiac Care Fund
264
(2)
262
Health and Wellbeing
Hub Fund (now
closed)
Cancer Fund
(498)
51
(29)
476
280
24
(35)
259
Diabetic Patients
Fund
111
111
Breast Cancer Fund
86
(11)
86
Other Funds
325
402
(49)
{328)
350
766
668
(229)
37
1,242
Total Funds
796
668
(229)
37
1.272
24

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
14 Charity Funds (continued)
Fund
Balance
blfwd
£OOOs
Incoming Resources
Resources
Expended
Gains
Fund
and Transfers
(Losses)
£OOOs
Fund
Balance
clfwd
£DOOs
2023
£OOOs
£OOOs
£OOOs
Restricted Funds
NHS CT
Development
30
30
Unrestricted Funds
General Fund
1,008
130
(334)
(71)
(535)
198
Cardiac Care Fund
264
(1)
264
New Cancer Centre
(fund now closed)
274
21
(295)
Health and Wellbeing
Hub Fund
379
281
(1,952)
794
(498>
Cancer Fund
213
(18)
81
280
Diabetic Patients
Fund
54
57
111
Breast Cancer Fund
35
60
{9)
86
Other Funds
374
57
{61)
{45)
325
2,601
611
(2,375)
(71}
766
Total Funds
2,601
641
(2,375)
(71)
796
Description of material charitable funds
Restricted Fund
Description, nature and purpose of the Fund
NHS CT Development Development Grant awarded by NHS Charities Together to enable the
Charity to develop specific fundraising projects
Unrestricted Funds
Description, nature and purpose of the Funds
General
The General Trust Fund was established for any charitable purpose
relating to the NHS wholly or mainly for the services provided by
ChesteTfield Royal Hospital.
Cardiac Care
The Cardiac Care Trust Fund was established in April 2015 to combine the
foul related Cardiac funds for the relief of sickness of patients who are or
have been in the Cardiac Care Unit of Chesterfield Royal Hospital and for
promoting the efficient performance of their duties by the staff of that unit.
25

GHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
14 Charity Funds (continued)
New Cancer Centre
The New Cancer Centre was established in December 2015 to allow people to
donate specÉfically for the new NGS Macmillan Unit that was being buitt at the time.
The Charitable Funds Committee decided in 2023 to combine Ihis fund wtth the
Can￿r Fund. The New Can￿r Centre Fund was then dosed.
Hèalth and Wellbeing
Hub
The Health and Wellbeing Hub Fund was established in 2020 as a designated fund
to facilitste the construction of a dedicated space for staff members of the Trust.
The final deficit fund balan￿ was restored via a transfer of funds from the general
reserve. The fund is now closed.
Cancer Fund
The Chief Executtves Can￿r Fund was established in July 1997 with the purpose
of promoting the efficient performance of their dub.es by the Cancer SeNi¢es staff
in the NHS Macmillan Unlt at Chesterfield Royal HospÈtal.
Diabetic Patients Fund
The Medicine and Emergency Care Diabetic Patienf s Fund was established in
April 2015 wth the purpose of promoting efficient perfomance of their dulles by
the staff looknng after our Diabetic Patients.
Breast Can￿r Fund
The Surgic21 Services Breast Cancer Fund was established in April 2015 with the
purpose of promoting efficierrt perfonnance of their duties by the staff of thal
DepartmenL
26

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
15
Commitments
Movement in funding commitments
2024
£000
2023
£000
Opening balance at 1 April 2023
Additional commitments made during the year
Cleared commitments IPaid/Cancelled)
Closing balance at 31 March 2024 (see note below)
165
153
223
95
1,826
370
2,031
185
These commitrnents will appear as expenditure in future years
Unrestricted
£000
Complimentary Therapy Services for people affected by Cancer
Upgrade of Eastwood Ward Day Room
Commitments for Projects (<£1k)
Medical Tattooing
Inpatient Beauty SeNice
Patient Christmas Presents
Accessible Project
Slimming World Vouchers
Sensory Distraction Equipment for CT
Support Group for people affected by Cancer
Counselling Support to Theatres and Critical Care
Urology Support Group
Total Commitments
34
12
95
The Charity recognises liabilities in the accounts On￿ they have incurred either a legal or
constructive obligation to expend funds.
27