Chesterfield Royal
Hospital Trust
CHESTERFIELD ROYAL HOSPITAL NHS
FOUNDATION TRUST GENERAL CHARITY
CHARITY NUMBER: 1052913
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED: 31 MARCH 2025

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
YEAR ENDED 31ST MARCH 2025
CONTENTS:
Trustees Report Pages 1-13
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page12
Page 13
Foreword
Reference and Admlnistrative Detalls
Structure, Governance and Management
Terms of Reference
Risk Management
Partnership worklng and Networks
Annual Review
Reserves Policy and Our Future Plans
Review of Finance Achievement and Perfomiance
Performance Management
Statement of Twstaes, Responsibilltles
Independent Examln•r's Report Page 14
Flnanclal Statements Page 15.27
Page 15
Pag& 16
Page 17
Page 18
Statement of Financkl Actlvities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Statements

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Foreword
The Corporate Trustee presents the Charitable Funds Annual Report together with the Financial
Statements for the year ended 31 March 2025.
The accounts (financI81 statements) have been prepared in accordan￿ with the Slatement of
Recofflmended Pract1￿." Accounting and Reporting by Charities preparing their accounts in
accordan￿ with the Financial Reportlng Standard applieAble in the UK and Republic of Irfrland
(FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102) and the Ch8rities Act 2011 and UK Generally Accepted Practice.
The Charity has a Corporate Trustee.. the Chesterffield Royal Hospital NHS Foundation Trust. The
members of Ihe NHS Foundation Trust Board who served during the financial year w8re as follows..
Executlve Dlrecto
Dr Hal Spencer
Michelle Veitch
Steven H8ppinstall
Kevln Sargen
Caroline Wade
Krlshna Kallianpur
Jon Cort
Chief Execulive
Chlef Operatlng Officer
Executive Director of Flnance, Improvement and Transformation
Mecllcal Director
Dirèctor of Human Resources and Org8nisational D9velopment
Dlrector of Nursing and Patlent Care
Chief Digital Officer
on- Executive Dlre
Mahmud Nawaz
Chair
Jayne Stringfellow
Sue Glew
Non-Ex8CUtive Director and Senior Independent D1￿ctor
Keith Nurcombe
Non-Executive Director (until 31De￿rnber 2024)
Non-Executive Dlrector
Atulkumar Pat81 M8E
Nora Senlor
Non-Executive DireGtor (until 15 January 2025)
lan Ailles
Non-Executive Director (until 3 October 2024)
Non-ExecutiV6 Director
Paul Wood
Non-Executive Director
John Somers
Non-Executive Director
Delroy Beverley
Elaine Jeffers
Noft-Executive Director (appointed 3 January 2025)
Non-Executive Director (appointed 3 January 2Q25)
Nicola Haywood-cleverley Non-Executive Director (appointed 16 January 2025>
The Charitable Funds are r8glstered with the Charity Commission (No 1052913) in accordance
with the Charities Acts 2011.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORTFOR THE YEAR ENDED 31ST MARCH 2025
Reference and Administrative details
The main charity Chesterfield and North Derbyshire Royal Hospital NHS TrusL registered Charity
Number 1052913, was entered on the Central Register of Charities on 10 October 1995. Further
to the change to Foundation Trust Status a Supplemental Deed of Dedaration was made on the 15
September 2005 changlng the title to ChesterfEld Royal Hospital NHS Foundation Trust. As at 31
March 2025 the Charity is constituted of 19 ind￿[dual funds and the notes to the accounts
distinguish the types of fund held and dlsclose separately all material funds.
Charitable funds received by the Charity are accepted, held and adminlstered as funds held on
trust for purposes relating to the health ser￿ICe 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 Chesterfi8ld 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 Ihe Charities
Act2011.
The NHS Foundallon Trust Board devolved r8sponsibilty for the on-going management of funds to
the Charitable Funds committee which administers the funds on behalf of the Corporate Trustee.
Thls committee was formed following the transfer of funds from North Derbyshlre Health Authorty
by Slatutory Inslrument in 1993.
The names of Ihose people who served on the Ch8rStable Funds Committee and therefore acted
as agents for the Corporate Trustee, as permitted under regulation 16 of the NHS Trusts
(Membarship and Procedures) Regulations 1990 were as foll¢ws.'
Atulkumar Patel MBE
Sleven Happinstall
Jayne Stringfellow
John Somers
Elaine Jeffers
Non-Executive Director (until 15 January 2C25)
Executive Director of Finance, Improvement and Transformatlon
Non-ExecLrtive Director and Senior Independent Director
Non-Executive Director
Non-Executlve Director (appolnted 3 January 2025)
Principal Charitable Fund Advisers to the Board
The Executive Director of Finance, Improvement and Transformats'on has, under a scheme ol
delegated authorlty approved by the Corporate Trustee, day to day responsibility for the
management of the Charltable Funds and must personally approve, on behalf of the Corporate
Trustee, all expenditure up to £15k using hi8 delegated authority. Expenditure in eX￿sS of £15k
must be approved by the Charitable Funds Committee and expenditu￿ in excess of £100k must
be approved by all Trustees.
The Charity Director. Ken Godber acted as Secrgtary to the Charitable Funds Committ8e until
3110712024 and personalty approved, on behalf of the Corporate Trustee. all expenditure under
£5k using his delegated authority. From 0110812024 this role was carried out by the Executive
Director of Finance, Improvement and Transfonnation.
Anthea Sharratt, Head of Financial Services acted as the Principal Offi￿r, overseeing the day to
day financial management and accounting for the CharÈtable Funds.
The Charity does not have any employees, all staff costs relate to recharges for time spent on
Charitsble Funds by staff wholly employed by Chesterfield Royal Hospltal NHS Foundation Trust.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Principal Offlce
The principal office for the Charity is:
Finance Department
Chesterfield Royal Hospital NHS Foundatlon Trust
Top Road
Calow
Chesterfield
Derbyshire
S44 5BL
Principal Professional Advisers
Bankers
Lloyds Bank plc
27 Market Place
Chesterfielcl
Derbyshire
S40 1PN
Independent Examlner
Hawsons Chartered Accountants
Pegasus House
463a Glossop Road
Sheffi8ld
S10 2QD
Investment Advlsers
CCLA Investment Management Ltd
80 Cheapside
London
EC2V 6DZ
Structure, Governance and Management
The Charity's unrestricted General Fund was established uslng the model declaration of trust and
all funds held on twst as at the date ol registration were part of this unrestricted fund. Subsequent
donations and gifts received by the Charty that are attrlbutable to the original funds are added to
those fvnd balances within the existing Charity.
The Corporate Trustee fulfils Its legal duty by ensuring that funds are spent in accordance with the
objects of each fund and by designating funds. The Trustee respects the wishes of our generous
donors to benefrt patient care and advance the good health and welfare of patients, carers and
staff.
The Charitable Funds available for spending are allocatèd to speclalties within the NHS
Foundation Trusys management structure. Each allocation ig managed by use of a designated
fund within tha general unrestricted fund, by 8 restricted fund or an endowment fund.
For example. there are Charitable Funds for Medicine and Emergency Care, which includes a
General Fund, Cardiac Care, Diabetic Patients, Slroke 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 appoinled by the Foundation Trusl's
Council of Governors and Executive members are recruited by the Board of Directors. Members of
th8 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 FOUNOATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THEYEAR ENDED 31ST MARCH 2025
All newly appoinled members of the NHS Trust Board and Charitable Fund Committee are given
information about the Charity. including th8 goveming document, the Charitable Funds Committee
terms of reference. trustee annual report and accounts and the policies and p￿orItieS of the
Charity. In addthon infomiats'on is given about trust888hip, including the Charity Commission
booklet CC3, The Essenlial Trustee.
Charitable Funds Commlttee Terms of Reference
The Charitable Fund Committee. under Standing Flnancial Instruction 20, has had TNstee
ResponsibilÈties delegated to it by the Trust Board.
The Committee: _
1) Receive the governing document of any newly regislered fund for adoption.
2) Receive recommendation for existing funds In respect of rationalising such funds or
increasing the number of funds,.
3> R8ceiv8 reports showing the income and expen<Jiture position Df th8 Charity., requests for
expenditure, also details of legacies and donations, In additron the Committee will re￿1ve
fomial feedback for expenditure in excess of £25k'
4) Refer all requests for expenditure in excess of £1 Ook to all board member8 for approval.
5) Review a statement of balances held and commitments, ensuring where balancas a￿ hekl,
that they can be justified In line with the reserves policy.,
6) ReceNe reports on any Irregularities in r88pect of fundraising or other matters;
7) Be responsible for fomiulation of investment policies, the appointment of an Investment
advisorlbroker and for participation in any ¢ommon invesknent funds.
8) Receive reports reviewing investsnent performance;
9) Receive detsils on the appointment of appropriate banking ser4lces',
10) Receive the annual accountslannual reports for the Charity; and meet with all trustees to
appr¢ve these and to discuss any other charitable matters.,
11) Receiv8 details of any intemal audit reports relating to Charitable Funds, The accounting
records and the day-to-day administratton of the fvnds are dealt wlth by the Finance
Department located at Ch8Sterfi8ld Royal Hospital NHS Foundation Trust, Top Road,
Calow, Chesterfield S44 5BL,

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATSON TRUSTGENERAL CHARITY
ANNLIAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Risk Management
The Charity has a risk management strategy which includes the review of the Charty's risk
règist8r. The risks and Ihelr corresponding actions éesignecl to mitigatè the risks are reviewed and
updated (where necessary). The risk registei is a standing itern for discusslon annually at the
Charitable Funds Committeè meetings, which are held quarterly.
The board members recognise that they are responsiblè for the Charity's investment and cash
assets.
The Board of the NHS Foundation Trust meets separately when acting as Truste6 of the Charty.
demonstrating clear separatlon and autonomy of govemance, m8eting formal￿ as Trustee of the
Charty at least once a year. No business shall be transacted at a meeting of the Trust unless at
least one-third of th8 whole number of the directors are present all decisions made outslde of the
Committee are made by a Quorum and minutes are included in the following Committee meeting.
A Quorum is any t¥VQ members of the committee.
The Committee regularly ￿vIewS the actlvlties of the Charity and assesses the major risks to which
the Charlty is potentlally exposed, i,e., financial, operational and reputation and is satisfied that
systems are in place lo mttigate exposure to those risks.
Incom8 and Expenditure is monitored and is compared with the approved plan on a monthly basis
to detect trends as part of the risk managemenl process to avoid unforeseen calls on res8Nes,
The board members have formally set a limlt on expenditure of £1 Ook, above whlch Its daclslon is
required; other lower financial limits are set out formally in Ihe Trust's Financial Procedures as
follow8.'
Expenditure below £15k requires author18atlon from the ExecutSve Dlrector of Finance,
Improvement and Transfomation,
Expenditure in excess of £15k requires approval from the Charitable Funds Committee.
Investments are monitored and trends compared to natlonal indi¢es to highlight any unexpected
movements. As a minimum the Committee meets annually with its investment advisors to review
the performance of Its investment portfolio.
The Charity's accounts are subject to an Independent Revlew and ftnancial procedures are subjeci
to internal audtt reviews, and any audit recommendations are implemented.
The NHS is, by its Very nature, subject tc national changes in government policy as well as local
politically driven declslons. The trustees have identified this Ss a risk as It may mean inEtiatives or
healthcare activities supported by the Charrty are no longer delivered in this araa. The trustges
fegularly liaise with our NHS partners to understand the changes thal they are facing at an early
stage. The trustees also review our NHS partners, strategic plans when they a￿ developing future
plans.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENOED 31ST MARCH 2026
Partnership Working and Networks
The patients of Chesterfield Roy81 Hospttal NHS Foundation Trust are the main beneficiary of the
Charty. Chestetheld Royal Hospital NHS Foundatlon Trust is 8 related paty by virtue of being
Corporate Trustee of the Charity. By working in partnership with the Trust, the Charitable Funds
are used to best effect. INh8n deciding upon the most beneffcial way to use the Charitable Funds.
the Corporate Trustee has regard to the main activities, obj8ctives, strategies and plans of the
Charity.
Objectlves and Strategy
The Charity objectlves (as stated ￿thIn the reglstration wlth the Charity Comrnlssion) are as
foll0v￿..
For any charitable pu4)ose orpuwes relating to the National He81th Semce wholly ormainly for
the seNlces pmvided by Chest8rfield RDy81 Hospital NHS Foundation Trust.
The purpose of every charity is to provide 'publSc benefit, and each chartty must domonstrate 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 Chesterfleld Royal
Hospital NHS Foundation Trust.
The oparatlng objectives of the Charity are as follows:
Ensure that funds are spènt in accordance with the objects of each furKI, and in line with
the Reserves Policy whlch slates that Fund Managers should not hold fund balances In
excess of two years average income without justification.
To maximise investment returns of the Charity whilst ensuring an acceptable level of risk
in Ilne with the Invéstment Pollcy,
To ensure the tirnely rec81pting of donations and legacles and 8nsure that they are
correctly designated to the relevant fund in line with the donorfs wishes.
To effectlvaly manage cash flow, ensuring there are sufficient liquid funds to meet
expenditure requirements.
Making our vlslon happèn invotves all our partners, staff, patients. carers and the communty. We
invite you lo join us to make this a reality. If you want to know more about how to make a donatlon
please contact the Head of Financial Services, Financial Services Depl., Chesterfield Royal
Hospital.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2026
Annual Review: Our Activltles
Donations to th8 charity have continued to support a wide range of charitable and health related
activtties for public benefit, in respect of both patients and staff, In general. they are used to
purchas8 the very varied additional goods and seNices that NHS funding does not cover, Overall,
£161 k has been spent on goods or services to bènefit our patients and staff, det8iled on page 10
and 11. Other activities includ? the following:
Swan Scheme
10k
Enabling the Trust to add little touches that make such a difference to patlents and their lamilie8
during end-of-lrfe care: handpiint kris, memory boxes, and books to support children'6
understsnding
ens
d Dlstracti
ui
rCT
To provide an improved patient experience, and to enhance sensory integration for our patients
with neuro diverse condltions
MattAlrP
for Robins
Ward
Moving and Handling equipment to allow more comfortable transfers from bed to trolley,
decreasing paln and anxiety for our patients wlth neck of femur fractures
Grant Making Policy
Grants are normally mad? from the Charity5 unrestrlcted funds - our funds comprise three
potential elements.
Firstly the General Charitable Fund <unrestricted) which is constituted of donation5 and legacies
received by the Charty where no particular preference as to its expenditure has been expressed
by donors. Grants are targeted on projects in areas of the hospital that do not have available
deslgnated funds to pay for then.
The second element relates to Special Purpose Funds (Designated) - these usually contain
donations and legacies where a particular part of the Hospital or activty was nomlnated by the
donor at the time their donation was made, Whilst 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. Th8se recommendations are considered and approved by the Trustees in line With the
delagated aulhorities, as detailed on page 6 of this report.
The third element relates to Restricted Funds - these are funds which are to b8 used for specifi
purposes or projects.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENOED 31ST MARCH 2026
Reserves Policy
The Trust reserv8s policy ststes that Fund Managers should not hold fund balances in excess of
two years average income without justifi¢ats'on. Adherence to this policy is monito￿d quarterly and
where balances are in excess of tha reserves policy Fund Managers are contscted to request an
update of future plans for expenditure on the fund.
The year-end level of free reserves of £q,317k (undes5gnated funds of £1,522k less grant
commitments of £205k) equates to 2.7 years average income. The Charitable Fund Commtttee
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
year's average income where possible.
We will be V￿)rkIng to make more conlributior) to the Hospital during the next year to maintain
reseNes in Ilne wtth the pollcy.
Our Future Plans
The Chesterfield Royal Hospital NHS Foundation Trust General Charty has not only ambition for
the future but a sharpen8d focus on achieving this through effective plans thanks to an approved
Charity Fundralsing and Engagement Strategy wt)ich was launched in 2024-25 to maxlmis8 the
impaGt of the Chaty.
With wlder political, social, economic and technical advances effecting the health and care sector,
the Charity will also nee¢J to contlnue to be responslve and posltive to thls dynamic environment.
The Charity has a long-standing commitment to support the Trust In all Its strategic priorlties, and
ultimately providing exceptional pakn'ent caffj. This will continue, together with greater
understanding and awareness of our market and the opportunitles open to U8.
The Charity has committed £205k in fLrture spending to help make the experience of staff and
patients more posllive, the detsils of these commitmenls can be found in Note 15 on page 27 of
the accounts.
With direct connectlon and support from the Communications Servica, a new post, The
Fundraising and Engagement Lead, was recruited to during 2024-25 to help deliver the
Fundraising and Eng8gement Stratsgy.

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THEYEAR ENDED 31ST MARCH 2025
A Review of our Finances, Achievements and Performance
The net assets of the Charitable Funds as at 31" March 2025 were £1,523k (2024.. £1.272k).
Overall net assets increased by £251 k.
The Charrty continues to rely on donations, legacies and investment incoma as the main sources
of income. Totsl incoming resources of £493k were down by £175k from the previous year.
Overall, expenditure was down on that of the previous year. Of the total 8xpenditure of £218k
(2024: £229k) charitable expenditure on direct charitable activity was £178k (2024: £223k).
Grants payable to other NHS charitles
No grants were pald to othar NHS charitie8.
Purchase of new equipment
New equipment exp8nditure of £40k (2024.. £20k) induding the following:_
Ten Transcutanaous 08vlces
To equip all our Midwrfery Support Workers wlth their own devices, improvlng serrfoce provlslon,
clinical effectivenes8 and our communitie8 experience.
Twolv
F Idawa
arent B
sforNI
tin
2k
To facilitate parents lo be able to sleep comfortably and safely next to their baby or chlld -
providing one per cot
'Rits'
reen a
rro
le
son Ward
3k
RITA is used to enhance patient care, to provide reassurance and distractlon during hospilal
admission, particularly with our more unsettled patienls
Trust Staff, Welfare and Amenities
Trust Staff Education, Welfare and Amenitles expenditure of £16k, (2024,. £36k), including the
following:"
Ilatlon
a fres
water fo
ntaln f the AccommodatAon Team
2k
To assist with the heafth and vrfellbelng of our staff, including those visiting the aroa for counselling
support
ndow Blln
taff G
nd St dio
£2k
To hdp staff feel comfortable when exercising and to encourage more staff to ac￿$$ the fitness
facility, supporting inclusion across our colleagues
Im
rovem
to the Pham7ac
am Staff Room
To provide our staff with a pleasant environment to enjoy their breaks
10

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THEYEAR ENDED 31ST MARCH 2025
Patient Welfare and Amenlties
Palent Welfare 8xpenditur6 of £1 Osk (2024: £118k) includes the following:_
Ilmen
Thera
ervl
es for
eo
le affected b Cancer
£13k
Provision of complimentary therapies to assist with physlcal, emotiona and psychological
symptoms of cancer to promote r8laxation and to improve wellbeing for our patients
rovem
eEa
ood WardD
oom
To upgrade the furnlture and redecoration in the loom lo create an attractive and welcomlng space
for patients and their relatives.
In
Hairdress"
SeNi
8k
A seNice to provide a hairdressing swvice to our patients
11

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Perforniance Management
The Charity works closèly 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
ccntrol is maintained over Charitable Fund expenditure. Fund Managers provide assurance that
expenditure on their Charitable Funds meets the objectives of the Charity. this is checked by Ihe
Executive Director of Flnance. Improvement and Transformation. who must athhorise all
expenditure up to £15k before any order is placed for goods. Authorisation for proposed
expendlture In excess of £1 Sk must be sought from the Charitable Fund Trustees and above £1 Ook
by all Trustees.
In cases where expendrture exceeds £25k feedback is Tequired from the Fund Manager as to the
benaffts 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 temi investments, In order to maximise the ov8rall retum consistent wfth an
acceptable level of risk. As a result the bulk of our funds are invested with CCLA Managemont Ltd
vthlch is a leading investment company, sefvlng Gharlties. churches and local authorities. Monles
are invested in the COIF Char1ti8s Ethical Investmant Fund- Income Units. The performance of
the investments is continually monitored and report8d on a quarterfy basls to the Trustees. The
Charrty invèstment policy excludes direct Investment in tobacco companies.
The charity's Investment advisors are appointed by the Trustèe via a competltlve process every
three years. The committee decided in 2023124 that this contract should be r&awarded to CCLA
on the basis that the cost of removing the investment and re-investlng elsewhere far OLrtweighs any
benefrts of investing elsewhere, to be reviewed in 2026127.
Golng Concem
The Irustees consider that there are no material uncertainties regarding the Charlty's ability lo
continue as a going concern. There are no material uncertainties affectlng the current year's
accounts.
12

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Statement of Trustees, résponslbllities
The Trustees are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and Uniled Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trusteas to prepare financlal
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 charlty for that
period,
In préparing these financial statements. the trustees are required to:
select suitable accounting policies and apply them consistently:
observ8 the methods and prlnciples in the CharitSes SORP 2019 (FRS102);
make judgements and estimates that are reasonable and prudent",
stste whethér applicable accounting standards have bean followed. and
prèpare the Ilnancial statements on the going conc8m basls unless it is
inappropriate to presume that the chatity will continue in operation.
The trustees are responsible for keeping prDper a¢Gounting records that dlsclose 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) Regulatlons 2008 and the provisions of the trust dead. They are also responsible for
safeguarding the ass8ts of the charity and hencefortaking reasonable steps forthe prevention
and detection of fraud and other irregularities.
On behalf of the Trustees,
J g*tr-
Jayne Stringfellow
Trustee
13

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
Independent Examlners Report to the Trustees of Chesterfleld Royal Hospltal Charity
I report to the charity trustees on my examination of th8 accounts of the charity for the year
ended 31. March 2025 which ale set OLrt on pages 15 to 27.
Responslbllltles and basls of report
As the charlty's trustees you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the AGf).
I report in respect of my examination of Ihe charity's accounts carried out under section 145
of thè Aci and in carrylng out my examinatlon I have followed all the applicable D]re￿I0￿S
given by the Charity Commission under sects'on 145(5)(b) of th8 Act.
Independent examlne¢s statement
Slnce the charitls gross incffiie exceeded £250,000 your èxaminer must be a member of a
body listed in section 145 of the Act. I confirm that l am qualified to undertake the
exarnination because l am a member of the ICAEW, which is one of the listed bodies.
I have completad my examination. I confirm that no mat8dal matters have come to my
attention In connection with the examination giving me cause to believe that in any material
respect..
1. Accountlng records were not kept in respect of the charity as require(I by section 130
of the Act,, or
2. The accounts do not accord wtth those records; or
3. The accounts do not comply with the applicable raquirements concerning the form
and content of accounts set out in the Charities (A￿Ount$ and Reports) Regulation
2008 other than any requirement that the accovnls givé a 'true and falr vlew. which is
not a matt8r considered as part of an independent examination.
I have no concems 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 prO￿r
understanding of the accounts to be reached.
iJiJ.
Simon Bladen FCA
Hawsons Chartered Accounlants
Pegasus House
463a Glossop Road
Sheffield. S10 2QD
S Q brfZoz5
ecc
14

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUSTGENERAL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
Note
Unrestrlcted
Funds
202S
£000
Restrfcted
Funds
2026
£000
Totsl
Funds
2025
£000
Total Funds
2024
£000
Income and endowments
from:
Donations and legacies
Investments
Total income
459
34
459
34
659
493
493
668
Ex￿ndItUre on:
Raislng Funds
Charitable Activsties
Total oxpandlture
(13)
(1761
(189)
(29)
142)
(176)
1218)
(8)
(223)
(229)
{29)
Net (loss)Igains on
inve¥tments
Net Incomel(axpenditure)
Net mov•ment In lunds
(24)
280
280
{24)
37
(29)
(29)
251
476
476
251
Reconclllatlon of Funds
Total funds brought forward
Total funds carrled forward
1,242
1,522
30
1,272
1,623
796
1,272
15

CHESTERFIELD ROYAL HOSp￿AL NHS FOUNDATION TRUST GENERAL CHARITY
BALANCE SHEET AS AT 31 MARCH 2025
Total
Funds
2025
£000
Total
Funds
2024
£000
Note
Flxed assels
Investments
631
555
Current Assets
Debtors
Cash at bank and In hand
10
11
153
846
999
370
355
725
Credltors: amounts
falllng due wlthln one
year
Net Current Assets
Total assets less current
liabllltO08
12
992
717
1.523
1,272
Net a55ets
1,272
Charlty Funds
Restricted Funds
Unrestricted Funds
Total charlty lund8
30
1,242
1.272
14
The financial statements were approved and authorised for issue by the Board on:
Signed on behalf of the board of trustees.
J sTur-
Name:
J-*n12 Sk
Date. 261iilzG2S
The notes on pages 18-27 form part of these financial statements
16

CHESTERFIÉLD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
STATEMENT OF CASH FLOWS FOR YEAR ENDED 31 MARCH 2025
Total
Funds
2026
£000
Totsl
Funds
2024
£000
Not8
13
Cash flow from oparating 8Ctlvftle$
467
460
Cash flow from Inve8tlng actlvltles
Dividends and interest from investments
Purchase of investments
Net cash flow from investlng actlvitles
250
(241)
34
Increase In cash and cash equivalents
491
219
Cash and cash equlvalents at the
beginnlng of the reporting perlod
Cash and cash equlvalonts at the end of
the r•portlng perlod
356
136
11
846
355
17

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUSTGENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
Accountlng Pollcles
Basls of preparatlon
Th8 financial statements have b8en pr¢pared 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 P￿pa￿d in accordance with the
Staternanl of RecommerKled Practice: Accounting and Reporting by Charit[8$
preparing th8ir accounts in acmrdance with th8 Financial Reporting Standard
applicable in th8 UK and Republic of Ireland {FRS 102) and the Financial Raporting
Standard applicable in the United Klngdom and Republic of Ireland IFRS 102) and the
Charlties Act 2011 and UK Ganerally Accepied Practice.
Funds structure
b)
Restrlcted fund8 are funds which are to be used in accordancè with spacifi¢
restrictions impo38d by the donor. Niere the restr￿li0n requi￿$ the gift to be
invested to produce income but the trustees hava the power to spend the capital, it Is
classed as expandabla end¢)wment.
unrestr1￿&d income funds eompri8e th¢$9 funds which the Twstee is free to use for
any purpose In furtherance of the charitable objects. Unrestricted income funds
include de$ignat&d funds, where the donor has mado known their non-binding wish88
or where tha Trustees, at their discrotion. havo creatod a fund for o sptsxific purpose.
Incornlng rnsources
All Incoming resource5 are recognised once the Charity has entitlement to the
resources, It Is certaln Ihal the resources wlll be rece;'ved and the monetary value of
incomlng resources can be measurad with gufficient rellabilty.
Incomlng rnsourees from lagacles
Legacies are accounted for as incoming mources either upon rece5pt or where it 13
probable that tt will be received. This wlli be once confimiation has been received from
the representatives of the estate(s) that payment of the18gacy will be mad6 or
propety transf8rred and once all condrtions attathed to the legacy have been fulfilled.
R•$our¢•$ •xpend•d
d)
Grants payable are payments made to Ihird parties (including NHS btxlies) In
furtherance of the charilable obje¢ts of the funds. They are accountod for on an
accruals basts where the conditions for thwr payment have begn met. Where a third
Paty has a reasonable expectation that they Will receive the grant e.g. when an
appr￿al has been authorised and a pur¢hase order has been raisad than a provlsion
for thai expendilure is creat•d. Contractual affangements ere f8¢ogntsed as goods or
services suppli8d.
Irrgcovorable VAT
Irrecovernble VAT charged agai1￿t the category of resources expended for which
was incurred.
18

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARJTY
NOTES TO THE FINANCIAL sTATEmE￿rs
YEAR ENDED 31ST MARCH 2025
Allocatlon of overhead and support costs
Support costs are those costs which do not relale to a single activity. These include
some staff costs, costs of administration. intemal audit Costs and IT support. Support
costs have been apportioned between fundraising costs and chaiitable 8ciivitias on an
appropriate basis (see note 41
h}
Fundratslng Costs
The costs of generating funds are those costs attnbutable to generating income for
the charity, other than those costs in¢urred in undertaking charitable a¢tiviti&s or the
costs incurred in undertaking trading actwiti85 furtherance of Iha ¢harty's objects.
The costs of gonoratsng fund8 repr8sent fundratsing co$t$ together with investrnent
rnanagement fees.
Charltable a¢tlviti•s
Costs of charitable actlvEties comprlse all costs incurrod in the pursult of the charitable
objects of the Ch8rity. These costs eomprfse dlrect costs and are categorised In note
J)
Flxod a8set Investments
Inve$tm•nt8 are stated at marf(at value as at the balancé sheet date. The statement
of financial activities Includes th8 net gains and lo$se$ arising on rovaluation and
disposals throughout the year. Gains and10sses on revalualion and disposals are
allocated to fund balances based on th8 average da.￿Y balance ralating to each fund.
R•alised gains and losse8
kl
All gains and losses are taken to the Statement of Financial Actlvltlos a5 they arisa
Realised gains and losses on inveBtments are calculated a8 the drffernnce between
S8les proceeds and opening market V81ue {purcha$e d8t8 if later) Unrealised galns
and losses are calculated as the drfference be￿an the market value at th8 year end
and opening market value (or pu￿hase data if later).
The Chaiity is an exempl charity wrthin the meaning of Schedule 3 of the Charities Act
2011 and is Considered to pass the tests set oul in paragraph 18chedule 6 of the
Finance Act 201Q and therefore it meets the definition of a ¢harilable company for UK
corporation tax purposès.
Golng Con¢em
After due consideration of all relevant factors, the trustees have a rBasonabl&
expedation that the charity has adequate resources to continue in operat'onal
existence foi th8 foreseeable future. Accordingly they continue to adopt the going
concem basis in preparing the financial statements.
19

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDEQ 31ST MARCH 2025
Related Party tran$a¢tions
The patients and Staff of Chesterfield Royal Hosprtal NHS Foundation Trust are the
beneficiary of the Charity. The Charty has provlded funding to th8 NHS Foundation Trust for
approved expenditure made on behalf of the charity.
During the year nerthar the Corporate Trustee nor men**&f8 of the key management staff or
parties related to it has undertaken any rnaterial transactions wrth or received any
remuneration or expenses from Chesterfi8ld Royal H¢spital NHS FOundat￿n Trust Charty.
An agreernent has been reached that as part of the normal course of buslness the ChaTtty has
mwje payments totalling £11 k {2024: £1 Ok) to cheSterf￿[d Royal Hospital NHS FT in reBpeGt
of payroll costs as Co￿rate Trustee of the Chanty.
Income from donations andlogacles
2025
£000
2024
£000
Donations rac•Ned
Legacies
139
320
459
217
442
659
Donatlons rec&ived are from members of the publrc, Staff, relative¥ of patients arKI staff, the
staff lottery and corporate donats'ons,
Total gross Income from Inv￿lMents and cash on d•posft
2025
£000
2024
£000
Investment in a Common DeposJt Fund.
Dividends received
Interest received
18
20

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
Allocation of Support costs and overh8adg
Once allocation andlor apportionment of ov¢rhead and support costs have been made to
Support and Governance Costs. the balance is apportioned across funds on the basis of
amounts expended.
Charltable Actlvlties
2025
£000
2024
£000
Salaries & related costs
Independent Examination
Othér
16
The Charity does not have any employea$, all staff wsts relate to r•charges for time spenl on
Charftablg Fund$ by staff wholly employed by Chesterfield Royal Hospital NHS Foundatitin
Trust.
Other than the ￿charge of support costs and overheads, the Trust or ts officer81di￿ctors
received no other payments as Corporate Trustee.
Day to day runnlng costs are classed as 8UPPOrt costs. Support costs are apporti¢)ned t¢
charitable activity proportionate to expgndltur&.
Other cosis include insurance, mernborship fees, will servlca fee, el8Ctronic payment machine
maintenance and fees.
Analysls of charttable èxpenditure
Expendlture
2025
£000
Support Costs
2025
£000
Total
202S
£000
Total
2024
£000
Unrestricted Expenditure
Patlent Welfare and Amenitl8S
105
10
116
129
Trust Staff Welfare & Amen"rties
16
17
40
Equipment (non-capital)
40
13
Equipment (capital)
Building and Refvrbishment
32
181
15
178
223
21

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2026
Analysls of grants
All grants arè made to the Chest@rfJeld Royal Hospital NHS Foundation Trust and the
Corporate Trustee operates a schem8 of delegation. through which all grant funded a¢tiVlty Is
managed by fund manag8rs responsible for the day-lo-day d￿bUrSernents on their projects, In
accordanc8 with th8 dir8Ctions s6t out by the trustees in the Trust's standing financial
instructions and financial procedures. The Charity doe8 not make grants to individuals. The
total cost of making grants is disclosed in the activty analysis on Ihe face of the Statement of
Financbal Activrtias.
Governance Costs
Gov8rn8nGe costs Includ8 the Indep8ndent Examlners fe8 for th8 year of £4,250.
G¢veman¢e costs ar8 included in 8UPPOrt costs in note 6 above.
Fixed asset Investm•nts
The Charfty h88 no fixed agsets other than fixed 888et invo$tments.
Movem8nt In flxed a89•t Investment
2025
£000
2024
Market value brought forward 8$ 8t l Aprti
Add.. Purchases
Less.. Sales
Less: Net (LossyGain$ on Rev8lualion
555
268
250
124)
37
Market value Garried forward as at 31 March
531
Market value of fixed asset inv6gtments
2025
£000
2024
£000
COIF Charities Investment fund
531
555
10
Dèbtors
2025
2024
£000
Other debtors
153
370

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARrrY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
11 Cash at bank and In hand
2025
£000
2024
£000
Current Account and Cash Balance
COIF Deposit Fund
189
657
846
324
31
355
12 Credltors
2026
£000
2024
£000
CredltorJ". amounts falllng dué wlthln 1 y•ar
Accruals
13 RKonciliation of net Income to net cash flow from op•ratlng activltles
2025
£000
2024
£000
Nat Income for th• year
251
476
Losg1(gainl on inve8tment8
Dwidends and interest from Inve8tmentS
De￿ase In debtors
(D•craase) in creditors
Net cash flow from oporatlng actlvltles
(37)
(9)
33
(3)
460
(34
217
457

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
14
Charlty Funds
Fund
Incoming R8sotsrca$
Balance Resources
Expènded
blfwd
£OOOs
2025
Galns
Fund
and Transfers
(Losses)
£QOOs
Fund
Balance
fwd
£OOOs
£ODOs
Rostrlcted Fund5
£OOOs
NHS CT
Development
3Q
(29}
Unr08trlcted Funds
General Fund
389
199)
(24)
437
Cardiac Care Fund
262
(1)
265
Cancer Fund
Oiabetic Patients
Fund
269
35
(2n
277
111
111
SpecMI Cara Baby
Unit
84
22
108
Breast Cancer Fund
86
(9)
79
Other Funds
266
41
(53)
17)
247
1,242
493
(189)
(241
1,522
Total Fund8
1,272
493
(218)
(241
1.623
24

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
14 Charfty Funds (contlnuedl
Fund
Balance
fwd
£OOOs
Incomlng Resources
Rasources
Expended
Gains
Fund
and Transfers
(Lossos
£OOOs
2024
Fund
BalanGe
fwd
£OOOs
£OOOs
£OOOs
Restrictod Funds
£OOOs
NHS CT
Developrn6nt
30
Unrestrlctod Funds
General Fund
198
180
(103)
37
(148)
Cardiac Care Fund
{2)
H8alth and Wellbeing
Hub Fund
{498)
61
(29)
476
Cancer Fund
Diabetic Patient8
Fund
24
{35)
269
111
111
Special Caro Baby
Unit
26
(21
Breast Cancer Fund
86
11
{11)
88
Other Funds
265
376
(47)
(328)
286
668
(229)
37
1,242
Total Funds
796
668
{229)
37
1,272
0•8Grlptlon of mat8rfal charitablè fund$
Restrlcted Fund
Description, nature and purpos• of tho Fund
NHS CT Davelopment Development Grant awarded by NHS Charltles Together lo enable the
Charty to davelop specific fundrabsing projects, expected to be fully spent
and closed during 2025-26
Unre$trfct￿ Fund$
Descrlpiion, natur8 and purpoge of the Funds
General
The General Trust Fund was estsblished fcr any charitab',e purpose
relating to the NHS wholly or mainty for th8 services provided by
Chesterfield Royal Hospital.
Cardiac Care
Th8 Cardiac Care Trust Fund was established in April 201 S to eornbine the
four related Cardiac funds for the relief of sickness of pallents who are or
have been in the Cardiac Care Untt of Chestetfield Royal Hospital 8nd for
promoting the effirient perfomanee of their duties by the staff of that unit.
25

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2026
14 Charity Funds {continued)
Cancer Fund
Thg Chief Executiv88 Can￿r Fund was 8Stabll8hed in Juty 1997 wlth the purp¢JS8
of promoliNJ the 6fftient performance oftheir duttes by the Cancer Services staff
in the NHS Maemillan Unit 81 Chesterfi￿d Royal Hospital.
Tho Medlcine and Em&r9erw Care Diabelic P8tienVs Fund was egtsbM8hed in
April 2015 with the pu￿08¢ ofpromcrting efficient performanL* of thelr dut*s by
the staff looking after our Dlabellc Pati8nts.
The SFeclal Caro 8aby Unlt Fund wag established in September 1996 with the
purpthse of pr(MnotJng efficient ￿rfo￿an(% of thelr dutlg9 by the st8ff I0¢)k￿ after
our patl8nts and thair families
Diabetlc Patlents Fund
sp￿al Care Baty Unlt
Breast Can￿r Fund
The Surglc£l SeNlces 8rea51 Cancer Fund was estsblished In Aprll 2015 wlth tho
purpo$e of promotsng efficlent performanc6 of thelr dutles by the staft of that
Dgpartrnant
26

CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
Commltmants
Movement In fundlng commitments
2025
£000
2024
£(y)o
Opening balance at 1 April 2024
Addttional commitments made during tha year
Cleared commitments (Paid/Cancelled)
Closing balancè at 31 March 2025 (see note bel¢)w>
96
349
239
205
165
153
223
95
These comnytments will appear as expendlture in future years
Unr•8tri¢tgd
£000
Complimentary therapy service8 for people affected by cancar
Matemty mernorial garden
Commitments foi Projects (<£1k)
On-site advi￿ servKe for $laff. patients, and vlsrtors
Vldeofluoroscopy chair
Inpatient cosmetic $eNi¢e
Swan scheme - end of lrfe care
Medlcal Tattooln9
Accessible project
Upgrade to patient waiting area Seatlng
Patient Christmas presents
Retinal camera
Cancer Support Cenlre- Applicaticn LlceneL
Support group - Affected by Cancer
Dlet advlce for expectant parents
5000 Voices- items to support staff and patient engagement
Complementary hot drinks for volunteers
Upgrade to the Emergency Department wellbeing room
Support Group - Urology
Power and data point for patient TV
Cancer Centre- Wig product packs
Oxford Midi 180 electric hoist
Upgrade to seating In Pharnacy staff room
Annual memorial service for babies and ¢PNldren
Total Commltmants
70
31
13
2D5
The Charity recognises liabilitie8 in the accounts once they ha￿ incurred oither a legal or
constructive obligation to expend funds.
27