) TAMESIDE J & GLOSSOP ,14S CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (Charitable Registration No: 1055818)
Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Funds Annual Re ort for the ear ended 31st March 2024 Introduction The Trustee is pleased to be able to welcome you to this report on the Charity's activities for the year ended on 31st March 2024. During the year, the Charity has continued to provide grants in support of its charitable objective, set out in the Trust Deed as- any charitable purpose or purposes related to the National Health servi wholly or mainly for the ServIS provided by the Tameside and Glossop Integrated Care NHS Foundation Trust" We have continued to work to ensure that the Charity can support the work of the Foundation Trust, its patients and staff. Given the reSoUrS available to the Charity, the support has mostly been with relatively small grants to provide resources to patients and staff above and beyond that which would be possible through Exchequer funding. Governance of the Charit The Trustee Tameside and Glossop Integrated Care NHS Foundation Trust Fountain Street Ashton-Under-Lyne Lancashire OL6 9RW Under the arrangements set out in Section 51 of the National Health Service Act 2006, the Trustee of the Charity is Tameside and Glossop Integrated Care NHS Foundation Trust. For the year ended 31st March 2024, the following were Directors of the Trustee- Jane Mccall (Chair) Farath (Fara) Arshad Andrea Bennett Sallie Bridgen (Deputy Chair until January 24) Patricia Cavanagh (until October 23) David Curtis Nicola Firth Michael Forrest (Deputy Chair from 1 Feb 24) Sallie Bridgen, Non-Executive Director, left the Trust at the end of her term January 2024. Michael Forrest, Non-Executive Director, became the Deputy Chair from 1 February 2024. Jonathan O'Brien (from October 23) Deepak Agnihotri (appointed May 23) Dr Hina Khan (from January 24) John Graham Karen James Dilraj Sandher The Trustee was supported by the Company Secretary, Susan Rudd. The Trustee is chaired by Jane Mccall, as Chair of the Board. Directors are appointed by the Foundation Trust, in accordance with the requirements set out in Schedule 7 of the National Health Service Act 2006. Executive Directors are usually appointed on contracts of indefinite length. In line with guidance from NHS Improvement, Non-Executive Directors are usually appointed for a term of 3 years. renewable once. All Directors will receive a tailored induction on appointment, re1ve continuing professional development during their time on the Board, and are subject to an annual appraisal prosS. The skills and experience available through Page 1 of 17
the Board's membership are subject to regular review. A Register of Interests is kept in accordan with general NHS requirements and is published by the NHS Foundation Trust. All of the Directors are remunerated by the Foundation Trust for their activities to support the Foundation Trust's work with the NHS. No part of the remuneration of the Directors is attributable to their work in connection with the Charity or re-charged by the Foundation Trust against charitable funds. No Directors have been in reIpt of grant support from the Charity, or any other specific benefit (beyond that received by the generality of beneficiaries in respect of grants to support the welfare of Trust staffj. Ensuring appropriate consideration of Chanty business The Board of the Trustee is aware of the need to ensure that, in considering matters related to the Charity, it keeps a clear separation between the interests of the beneficiaries as defined in the Trust Deed, and that of the Foundation Trust. The Trustee continues to adhere to the principle that replacing Exchequer funding with support from the Charity would not be appropriate, and therefore that grants from the Charity will be for items additional to those supported by the taxpayer. The Charity regularly pays grants to the Foundation Trust (which is its Trustee), for the benefit of the beneficiaries of the Charity. This is considered to be an effective method of delivering benefit to them, as they are defined within the objectives of the Charity, by reference to the NHS and the Foundation Trust. All such grants are paid under conditions which require the Foundation Trust to apply the funds exclusively for charitable purposes. for the purpose agreed by the Trustee, and to account back to the Charity for any sums not so used. The Trustee is responsible overall for agreeing the strategy of the Charity, its good governance, and ensuring compliance with the statutory and regulatory requirements applicable to registered charities. Detailed work has been delegated to the Charitable Funds Committee, which is appointed by and reports to the Board of Directors of the Trustee. Charitable business is. for logistical reasons, considered by the Board in connection with their regular meetings, which also consider matters related to the Foundation Trust's activities. However, the Trustee business is considered in a separate session. emphasising the different considerations affecting Charity decisions, and the Secretary will remind the Board of the need to consider the interests of the beneficiaries to the exclusion of the interests of the Foundation Trust. The Trustee has agreed a scheme of delegation, under which day-to-day decisions on the use of charitable funds are taken for small amounts by designated fund-holders with the Chief Finance Officer, and for larger amounts by the Charitable Funds Committee. Significant proposals that could impact on the future of the Charity are subject to decision by the Board of Directors of the Trustee. Charitable Funds Commitee The Trustee has appointed a Charitable Funds Committee to support it in the management and operation of the Charity. The Committee meets sufficiently regularly to discharge its responsibilities and has written terms of referen, approved by the Trustee. At 31 st March 2024 the Members of the Committee are.. Fara Arshad (Committee Chair) David Curtis John Graham The Committee is supported by the Secretary to the Trustee, and by members of the Foundation Trust's Finance Department. Other Directors or staff may attend meetings as appropriate. Page2 of 17
During the year, attendance at meetings of the Committee was as follows: September 2023 February 2024 Fara Arshad David Curtis John Graham During the year, the Charitable Funds committ met three times. Key issues considered by the Committee included-
Consideration of options for the Charity to be most effective in raising funds and supporting the beneficiaries. Affiliated the Charity to NHS Charities Together. to access grant funding made available to NHS Charities via this route. Approval of the allocation of the Charity's administration costs between the various funds within the Charity. Public Benefit The Charities Act 2011 requires that all charities can show their activities are of benefit to the public. In undertaking the Charity's activities during the year, the Trustee has had regard to the guidan from the Charity Commission's guidan on ensuring public benefit in accordance with the Act. The key activities of the Charity to carry out its objectives have been- Providing grants to enhance the experience of patients who are being cared for by the Foundation Trust, across in-patient, out-patient and community senilS Providing grants to support the welfare of staff working for the Foundation Trust As noted above, the Trustee is careful to ensure that all grants properly reflect charitable purpose and public benefit, by not replacing funding that falls within the remit of Grant-in-Aid funding through HM Exchequer. The Trustee has recognised. as a smaller charity with limited reSoUrs, the Charity must focus on specific fundraising projects. As part of the further development of the Trust's charity, it was agreed that a charity manager would be appointed to a full-time substantive post, subject to adequate revenue generated by the individual (self-sustaining). Emily Burgin was appointed as the Charity Manager in March 2024. The Trustee has continued to review all funds (expt restricted funds), to ensure that they provide the greatest benefit for the beneficiaries. Where the Trustee concludes that the specific designation is no longer appropriate, the fund will either be consolidated with other designated funds or transferred to the General Fund (the 'Everyone Matters" Fund). Mana ement of Risk The Trustee has considered the significant risks to which the Charity is exposed. It has agreed that, in the position of the Charity, it would be appropriate to utilise the financial control systems of the Foundation Trust to manage and mitigate those risks, subject to any specific requirements of charitable legislation or regulation. The Charitable Funds Committee regularly receives and reviews an updated statement of the key risks facing the Charity, based on the structure and format in use by the Foundation Trust. The aim of the Committee and the Trustee is to ensure that all identified risks are monitored and managed Page 3of 17
actively, and the Trustee has a low toleran for risk to the charitable funds, or for their mismanagement. As an NHS Charity, (in accordan with Charity Commission guidance) a full statutory audit is not required, and an Independent Examination is undertaken in 2023124. This is undertaken by Grant Thornton UK LLP, who are independent of the Trustee. The report of the Auditors on the Annual Accounts forms part of this document. The Charity also benefits from regular reviews of key financial systems operated by the Trust. undertaken by the internal audit service to the Foundation Trust. Financial review of the ear During the year, the Charity continued to be entirely reliant on individual donations received, both from those who have used the Trust's services and from other members of the public. The Trustee would like to take this opportunity to thank all of those who have generously supported the work of the Charity through the year, either by a donation or through giving freely and generously of their time. The Charity is also eligible to benefit from Gift-Aid declarations made by donors who are UK taxpayers. As part of its management of risk, the Charitable Funds Committee has adopted a statement of policy related to unaCptab1e sources of funding, which sets out SoUrS that are not regarded as acptable and provides for the Committee to consider any cases where significant doubt arises. During the year, a total of £48.000 (2022123: £24,000) was donated to the Charity, as shown in the Statement of Activities. Other income and returns on investments were £38,000 (2022123: £27,000), giving a total income of £86,000 for the year (2022123: £51.000). A total of £81,000 (2022123: £91,000) was utilised by the Trustee towards the achievement of the objectives of the Charity, of which £24,000 (2022123: £24.000) was utilised to support the administration of the Charity. A breakdown of the expenditure can be seen in Note 4 to the accounts. Physical items that are purchased to support work in the Trust are gifted to the Foundation Trust, on the terms set out earlier in this report. for the use of the beneficiaries of the Charity. Notable items of charitable expenditure included- Items purchased 3 Glideaway guest beds have been purchased to enable EOL patients, relatives to stay overnight. A bench with full back has been purchased for the breaking bad news room, to ensure that the area is more comfortable for the relatives. Asara Stedy standing aid has been purchased forthe benefit of the patients on ward 42. £2,050 £4,354 £930 Chairs and a table were purchased for the critical care staff kitchen. to provide a comfortable space for the staff to relax during their break. Flags and bunting were purchased to enable both staff and patients to participate in the Coronation celebrations. An Iftar celebration meal was purchased for 60 people to promote inclusion and celebrate this momentous occasion. £2,397 £912 £1,013 A contribution was made to the Everyone MattersAwards. to ensure that the staff achievements were recognised and celebrated. Soft seating has been purchased for the relative's room on AMU. to provide a comfortable environment for the patients, relatives. Two sofas were purchased forthe breaking bad news area in the endoscopy department. Furniture was purchased for the MRI modular area, to provide the patients with a more comfortable and enhand experien. £10,000 £2,071 £1,108 £1,699 Page4of 17
Items were purchased from the staff lottery fund for the benefit of staff, including items for the Tameside Pride, cupcakes, catering for buffets, vouchers for complementary therapies, fridges, a bench. wellbeing boxes, staff lockers, toasters, fans, radios. microwaves and I lollies for NHS 75 Years celebration. All these items were purchased to improve staff morale and promote inclusion. £23,233 The Trustee is aware of the need to ensure that charitable funds are spent for the benefit of the Charity's beneficiaries, which the donors both expect and require. The Trustee is satisfied that the increase in the overall level of the fund by £5,000, during the course of the year is reflective of the increase of donations and the utilisation of charitable funds to support the objectives of the Charity. Fundraisin and Donation mana ement Donations received are generally designated - whilst the donor makes a request of the Trustee as to the purpose the donation can be used for (a designation), the Trustee can choose to utilise its discretion if it considers the donation would be of more benefit to the beneficiaries from a different use. If the donor makes a donation that is conditional on a specific use (a restricted donation), the Trustee can only use the donation for that purpose and must return any amount that cannot be put to the use that was specified. Donations are reiVed through three main routes: from individuals, from organisations and through third-party events. The Charity has made arrangements for donations to be received on the Charity's behalf by the Foundation Trust's finan offi. and there are also arrangements in place for electronic donations through recognised websites and bank transfer arrangements. We encourage donors, where they meet the statutory conditions, to participate in "Gift Aid" arrangements,. these increase the value of donations to the Charity by up to 25 % . The Trustee provides guidance on appropriate methods of fundraising, based on best practi. and fundraising activities are regularly reviewed by the Charitable Funds Committee. The Charity has adopted a policy statement regarding unacceptable sources of donations, and donations offered from such SoUrS would be refused. No complaints were made to the Charity during the year related to fundraising practices. As a member of NHS Charities Together, the Charity had the opportunity to apply for a stage 3 grant which exists to support the long-term recovery of the Trust from the effects of Covid. The application for the grant of £93,380 was made during the last financial year, this was successful. The first instalment of £15,564 was received during the 2023124 financial year. However, the project which the Trust proposed, could not be delivered and the funding was placed on pause. The Charity Manager has re-applied for the remaining funds with a sustainable project proposal and a total of £99,000 has been secured. Schedule of payments- £15,564 reiVed in 2023124 £57,498 in 2024125 £25,938 in 2025126 Investment and Reserves olic The Trustee recognises its responsibility to invest funds not required immediately for charitable purposes, to prevent the erosion of the funds by inflation and to ensure that as much funding as possible is available for charitable work. The Trustee also recognises the need to ensure that no unnecessary risks are taken with the funds, which leads to a low tolerance of risk in making investment decisions. The current policy of the Trustee, having regard to the amount of funds available, costs of investment, and risk, is to place the charity's surplus funds on short-term deposit with two high-street banks. The Page sof 17
Charitable Funds Committee has considered a proposal for making investments in equities but considered that the balance of risk and reward favoured retaining the current arrangements. The Trustee has established a policy for reserves. considering the relevant Statement of Recommended Practi and the primary purpose of charitable funds to support beneficiaries, rather than extend the Charity's operations. The policy adopted by the Trustee is, at the start of each financial year, to have sufficient reserves available to fund 24 months of administrative and audit costs. Based on current costs, the Trustee seeks to have a minimum reserve of between £40,000 and £60,000 available as reserves at the start of each year. Future Plans Our focus during the year has remained on delivering improvements for staff and patients. Vvhilst recognising that the Charity is likely to remain a relatively small fund, over the medium-temi the Trustee aims to raise the Charity s profile, and thereby increase the amount of donations received. To ensure that the Trustee has the maximum flexibility to direct funds to the best use, we will continue to encourage donors to consider putting funds in the "Everyone Matters" fund. Over the next three years the Tameside and Glossop IC NHS FT Charitable Fund will be striving to develop and deliver a fundraising strategy. The strategy will be delivered in line with the Trust's values and behaviours, particularly the ones outlined below. 1. Support the health and wellbeing needs of our community and colleagues. 2. Drive Servi improvement through high quality research. innovation and transformation. 3. Use of reSoUrS efficiently, effectively and sustainably. As we begin to implement the new strategy. we will move forward with four charity focuses. These include- 1. Equipment - supporting the implementation of the latest, innovative equipment and resources. 2. Education - providing adVand education and training opportunities for staff. 3. Research - enabling exciting research and trial projects to be undertaken. 4. Well-being - supporting and improving staff and patient well-being. Setting these charity aims is essential for providing direction, measuring success, allocating reSoUrS efficiently, guiding strategic planning. and engaging stakeholders. Approved by the Board of the Trustee on 28° November 2024. Signed by Order of the Board Jane Mccall Chair Page6of 17
Statement of Trustees, responsibilities in respect of the Trustees, annual report and the financial statements Under the trust deed of the charity and charity law, the trustees are responsible for preparing a Trustees, Annual Report and the financial statements in accordance with applicable law and regulations. The trustees are required to prepare the financial statements in accordance with UK Accounting Standards. including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the incoming resources and application of reSoUrS for that period. In preparing these financial statements, generally apted accounting practi entails that the trustees.. select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent" state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements. state whether the financial statements comply with the trust deed [and rules], subject to any material departures disclosed and explained in the financial statements. assess the charity's ability to continue as a going concern, disclosing. as applicable, matters related to going concem" and use the going conrn basis of accounting unless they either intend to liquidate the charity or to cease operations or have no realistic altemative but to do so. The trustees are required to act in accordan with the trust deed land the rules] of the charity, within the framework of trust law. They are responsible for keeping accounting records which are sufficient to show and explain the charity's transactions and disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the trustees to ensure that, where any statements of accounts are prepared by them under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. They are responsible for such internal control as they detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error, and have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the financial and other information included on the charity's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. Approved by the Board of the Trustee on 28 November 2024. Signed by Order of the Board Jane Mccall Chair John Executive Chief Finance Officer Page7 of 17
Independent examiner's report to the corporate trustee of Tameside & Glossop Integrated Care NHS Foundation Trust Charitable Funds I report on the accounts of Tameside & Glossop Integrate(I Care NHS Foundation Trust Charitable Funds {the "charity") for the year ended 31 March 2024, which are set out on pages 10 to 17. Independent examinerfs statsment In connection with my examination. no matter has come to my attention" which gives me reasonable cause to believe that in any material respect. the requirements.. to keep accounting records in accordance wth section 130 of the Charities Acl 2011,. to prepare accounts which accnrd with the accounting records; and to comply with the applicable requirements conceming the fomi and content of accounls set out in Ihe Charities {Accounts and Reports) Regulations 2008 have not been met. There is one matter lo which. in my opinion. attention should be drawn in order to enable a proper understanding of Ihe accounts to be reached. This relates to the Charttable Fund's governing document. which cannot be located by Ihe Trustees. The goveming document is a regulalory requiremenl and legal document, setting out the objecls. powers. govemance arrangements and any other specific rules for that charity. The Charity Commission, as the regulator for the sector. requires Ihal all trustees have a copy of this document. As part of their duties. it is recommended that Trustees review the document every year to ensure it remains fit for purpose, and this annual review has not occurred in 2023-24. As a resull, I have nol been able lo check rf the Trustees have met all of their duties and obligations, as set out in the governing document. The Independenl examiner's statemenl presented here therefore predudes giving any assurance in relation lo matters and practi5 connected with the Charitable Fund's goveming document. Basis of independent examinerfs statement My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination indudes a comparison of the accounts with the accounting records kept by the charity- It also includes consideration of any unusual items or disdosures in the accounts and seeking explanations from you as corporate trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement above. Respective responsibilities of corporate trustee and examiner The charity s corporale Irustee is responsible for the preparation of the accounts. The charity's Irustee considers thal an audil is not required for this year under section 144(2) of the Charities Act 2011 and that an independenl examination is needed. It is my responsibility to= examine the accounls under section 145 of the Charities Acl 2011., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011., and to state whether particular matters have come to my atlention. Your attention is drawn to the fact that the charity's trustees have prepared the charity's accounts in accordan with the Statement of Recommended Practice Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191 issued in October 2019 in preference to the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005), issued in April 2005 which is referred to in the Charities (Accounts and Reports) Regulations 2008 but has been withdrawn. Page 8 of 17
l understand that the charity's trustee has done this in order for the charity's accounts to give a true and fair view in accordance with United Kingdom Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. Use of this report This report is in respect of an examination carried out under section 145 of the Charities Act 2011. This report is made solely lo the charity's corporate Irustee, as a body, in accordance with the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so Ihal I might stale to the charity's trustee those matters l am required lo stale lo them in an independent examine¢s report and for no other purpose. To the fullest extenl pemiitted by law. I do not a¢pt or assume responsibility to anyone other than Ihe charity and Ihe charity's trustee as a body. for my work. for Ihis report. or for the opinions I have fomed. Michael Green Grant Thornton UK LLP Chartered Accountsnts Manchester 4 December 2024 Page9of17
Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund Statement of Financial Activities for the year ended 31 March 2024 2023124 2022123 Unrestricted Funds £000 Restricted Funds Totsl Funds Totsl Funds £000 £000 £000 Note Income and Endowments Donation & legae$ Transfer behveen funds Other trading activities - Income frorn Fundraising Events Investment Income Total Income and Endowrnents 32 14 26 12 16 (141 24 26 12 86 24 51 Expenditure on: Raising funds Charitable activities Total Expenditure 76 80 77 81 87 91 Net incomel{expenditure) 140) Reconciliation of funds Total Funds brought forward Total funds carried forward 436 440 21 22 457 462 497 457 The notes at pages 12 to 17 form part of this account. All of Ihe activities of Ihe Charity are dassed as continuing. Page10of 17
Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund Statement of Financial Position as at 31 March 2024 2023124 2022123 Unrestricted Funds £000 Restricted Funds Total Funds Total Funds £000 £000 £000 Note Fixed Assets Investments Total Fixed Assets Current Assets Debtors Cash and Cash Equivalents Total Current Assets 450 451 22 22 472 473 489 490 Liabilities: Creditors: Amounts falling due within one year Net Current Assets {11) 440 (11> 462 (361 457 22 Total Assets less Current Liabilities 440 22 462 457 Total Net Assets 440 22 462 457 Funds of the Charity Income Funds: Restricted Unrestricted Total Charitable Funds 22 22 440 462 21 436 457 440 440 22 The notes at pages 12 to 17 form part of this account. Signed on behalf of the Trustee.. Date 28th November 2024 Page11of17
Tameside and Glossop Integrated Care NHS Foundation Trust charrtab Fund Notes to the Accounts 1 Accounting Policies 1.1 Accounting Convention The financial statements have been prepad in accordan with the Statement of Recommended Practice. The financial reporting framewofk that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Charrties SORP {FRS1021 and the Charities Act 2011. 'The Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland, Iuniled Kingdom Generalty ApIed Accounting practi). The Trust constitutes a public benefrt entity as defined by FRS 102. The financial stslemenls have been prepad on a going Concem basis which the Tnjslees consider lo be appropriate for the following reasons. The business model of the Charity is such that its charitabk activitEs are limited to those,. which it has sufficient funds to support from the ex$$ of funding received over the costs of administering the Charity. The Charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 4. The Trustees have reviewed the cash flow forecasts for a period of 12 months from the dale of approval of Ihese financial statements which indicate that the charity will have sufticient funds to meet ts liabilities as they fall due for that period. Consequently, the Trustees are confident that the charity will have sufficient funds to continue lo meet its liabilities as they fall due for al least 12 months from the dale of approval of the financial Cash al bank and in hand is held to meet the day lo day running costs of the charTty as they fall due. Cash equivalents are short lemi, highty IiquKI investments. Creditors Creditors are amounts owed by the Charty. They are measured at the amounl Ihat the Charity expects lo have lo pay lo settle the debt. Debtors Debtors are amounts owed to the Charity. They are measured on the basis of their recoverable amount. The Trustee has a reasonable expectation that Tameside and Glossop Integrated Care NHS Foundation Trusl has adequate resources to continue in operalional existence for the foreseeable future. Therefore the accounts have been prepaced on a going concem basis. as the Truslee also expect the activities of the Charty to continue. The accounts are prepared on an accruals basis. The Charty has applied the small entity exemption and has not produced a Cash Flow Statement. 1.2 Income and Endowments Income and endowments are induded in full in the Statement of Financial Aclivities as soon as the following three factors are mel". i} entitlement arises when a particular resource is re1vable or the Charitys righl becomes legal enforceable., ill certainty- when there is reasonab certainty that the incoming resource be CeIved", iii} measurement - when the monetary value of the incoming resour can be measured wlh suffi¢ienl reliabilty. Legacies Legacies are accounted for as incoming resources once the receipt of the kgacy becomes reasonably rtain and quanlifiabk. For pecuniary kgaryes this will generalty be on the granting of probate. For residuary legacies this will generally be on the earlier of Cash reipl, or once confimiation has been received from the representatives of the eslates Ihat payment of the legacy will be made, or propety transferred and On all conditions attached to the legacy have been fuKilled. Page12of17
Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund 1.3 Expenditure on charitable activities All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. All expenditure is recognised On there is a legal or constructive obligation committing the Charity to the expenditure. Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Payments made to third parties (induding NHS bodies) are in the furtheran ofthe Trust's charitable objectives, primarily relief of those who are sick. They are accounted for on an accruals basis where the conditions for their payment have been met for where a third party has a reasonable expectation that they will receive the grant. This includes grants paid to NHS bodies. Note 4 details the payments for 2023124. 1.4 Allocation of support and govemance costs Support costs have been allocaled between govemance costs and other support costs. Govemance costs comprise all cosls involving the public accountability of the Charity and its compliance wilh regulation and good practi. These costs indude costs related to statutory audit and legal fees. Governan costs and support costs relating to charitable activities have been apportioned to the Restricted Funds and Unrestricted Funds on the fund balan at 31 March 2024. The allocation of support and governance costs is analysed in note 4. The Charity does not employ any staff directly. the administrative staff are employed by Tameside and Glossop Integrated Care NHS Foundation Trust and the management and administrative costs are accounted for on an accruals basis, a recharge is then made to the Charity for the costs. Historically a calculation has been made for an apportionment of staff salaries. this amount is uplifted every financial year to account for inflation. On an annual basis the administration fee is approved by the Charitable Funds Committee. 1.5 Structure of funds Where there is a legal restriction on the purpose to which a fijnd may be put, the fund is classified in the accounts as a Restricted Fund. Funds where the capital is held to generate income for charttable purposes and cannot itself be spent are accounted for as endowment funds. Other funds are classified as Unrestricted Funds. Funds that are nol legally restricted, which the Trustee has chosen to earmark for set purposes are dassified Designated Funds. The major funds held Wbthin these categories are disclosed in notes 8.1 and 8.2. During the financial year the Foundation Trust sought advi from the Charity Commission in respect oflwo restricted fvnds,. the Post Graduate Fund and the Diabetes Centre Funds. The Charity Commission advised that The Trustee would need to detemine whether the funds are freely expendable or actually fomially restricted before they could be Iransferred to a general fund. Restricted funds are funds subject to specific trusts, which may be dedared by the donor(s) or with their authority {eg in a public appeal) or created through legal pro$$, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect{s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or relained for actual use, rather than spent. They noted Ihat we do not consider the funds to be pemanently endowed. Historically the Postgraduate Centre and Diabetes Centre Funds were set up as Restricted Funds due to the fact that they reiVed a high value of donations and were larger funds at the time. The Funds were not formally Restricted. Therefore. the conclusion was that the funds could be transferred to a general fund. The transfer was transacted during the Financial Year. 1.6 Tax Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund is considered to pass the tests set out in Paragraph 1 Schedule 6 Finan Act 2010 and therefore tt meets the definition of a charitable trust for UK income tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains reiVed within categories covered by Part 10 Income Tax Act 2007 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Page13of 17
Tameside and Glossop Integrated ca NHS Foundation Trust charitab Fund Income and Endowments from Unreslricted Funds £000 Restricted Funds £000 Total 2023124 £000 Total 2022123 £000 Donations from Individuals Legacies Investment Income Total 20 12 12 16 36 23 16 60 27 Income from other Trading Activities Unrestricted Funds £000 Restricted Funds £000 Total 2023124 £000 Total 2022123 £000 other trading actnif(ies- Income from Fundraising Events Totsl 26 26 26 26 24 24 Expenditure on Charitable Activities All expenditure has been made as per the expendrture on Charitab activities policy, detailed in the Trustees. Report. Unrestricted Funds £000 Restricted Funds £000 Totsl 2023124 £000 Total 2022123 £000 Patient welfare and amenrties staff weare and amenities Raising funds Independent examination fee Management and administrative cost Total 19 28 19 28 27 30 23 80 24 81 24 91 Page 14 of 17
Tameside and Glossop Integrated Care NHS Foundation Trust Charitable Fund Totsl Gross Income from Investments and Cash on Deposit 2023124 2022123 Total (Held Total (Held in the UK) in the UKI £000 £000 12 12 Interest on cash held on deposit (current assets) Totsl Analysis of Current Assets 6.1 Debtors under 1 year 2023124 Totsl £000 2022123 Total £000 Other Debtors Totsl 6.2 Analysis of Cash and Cash Equivalents 2023124 Totsl £000 70 10 27 365 472 2022123 Total £000 69 10 57 354 490 RBS Special Interest Bearing Account RBS Current Account Lloyds Current Account Lloyds Investment Account Total Analysis of Current Liabilities and Long Tem) Creditors Creditors under 1 year 2023124 Total £000 11 11 2022123 Total £000 36 36 Other Creditors Total Page 15of17
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Tameside and Glossop Integrated Care NHS F4Jundatson Trust charitab FuThJ Connected Organisations The Trustee Tarneside and Glossop Integrated Care NHS Foundats( Trust Fountain Street Ashton-Under-Lyne Lancashire OL6 9RW The principal purtA)ses and activities of the Trustee'Tameside and Glossop Integrated Care NHS Foundatyon Trust,. are to provide p8b.ent servi5 and G4re under the NHS. and prornoting arKI 5UPPOttirvJ the training and personal development of staff. 2022123 Net SurplusllDefi'citl for the Connected Organisab"on £'ooo Trustee, des0ipts'c of activities undertaken and detsils of any qualifications expressed by thgr auditors Tumover of Connected Oiganisation Net SuryAusllDefiritl for the Connected Organisation Tumover of Connec Organisation £'ooo £'ooo £'ooo The Trustee, Tameside and Glossop Integrated Care NHS Foundation Trust- Monies frorn the Charity a used to purchase lternprovlde addityonal support in healthG3re activities. benefits for the patient5 and slaff as designated by the Charity. £315.053 1£38.8441 £325.737 1£3.3131 The Chaiity seeks to provide patient and staff se5. tion arKI (xre beyixMI that would affordatAe undei the NHS. 10 Related Party Transaction The CharItae Fund has made £29k revenue payments to the Tnjstee, the Tameside and Glossop Integrated Care NHS Foundation Trust. There have been no transactions with the members ofthe key management staff. or parties related with the Tameside and Glossop Integrated Care NHS Foundation Trust Chantable Fund_ The Summary Financi Statements of the NHS FoundatKfft Tnjst are indud&Y within the annual report of the Trust P8oe17of17