|Contents|||||||
|---|---|---|---|---|---|---|
|Reference 8 Administrative
Information||..|||||
|Corporate Trustee|||||||
|Directors ofthe Corporate Trustee|||||||
|Trust 8 Charitable
Funds Committee|||Membership.||||
|Charity
Number.|||||||
|Principal
Office.|||||||
|Constituent
Charity
Registrations|||||||
|Auditor|||||||
|Bankers. .|||||||
|Solicitors|||||||
|Investment
Managers
.|||||||
|TRUSTEE'S ANNUAL REPORT|||||||
|Constitution.|||||||
|Structure,
Governance|and Management.||||||
|Objectives and Activities ..|||||||
|About Kingston
Hospital|NHS|Foundation
Trust.|||||
|Risk Management|||||||
|Financial
Review.|||||||
|Investment
Policy.|||||||
|Our Fundraising
Practices|||||||
|Achievements
and Performance.|||||||
|Reserves. .|||||||
|Plans for the Future.|||||||
|Statement
ofTrustee's
Responsibilities||in respect ofthe Accounts.|||||
|Independent
Auditor's
Report to|the Trustee of Kingston|||Hospital|NHS Trust General Charitable|Fund ....|
|Statement of Financial Activities|for the|Year Ended 31 March 2021|||||
|Balance Sheet as at 31 March 2021.|||||||
|Notes to the Accounts.|||||||
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||||||Permanent||||Permanent||
|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|2020"21|Unrestricted|Restricted|Endowment|2019-20|
||||Funds|Funds|Funds|Total|Funds|Funds|Funds|Total|
|||Note|fooo|fooo|f000|f000|f000|f000|f000|f000|
|Income and Endowments|from:||||||||||
|Donations
and Legacies|||215|1,232||1,447|357|538||895|
|Other Trading Activities|||65|255||320|79|107||186|
|Investments|||61|||61|82|||82|
|Total Income and Endowments|||341|1,487||1,828|518|645||1,163|
|Expenditure
on:|||||||||||
|Raising Funds|||(207)|(17)||(224)|(198)|(20)||(218)|
|Charitable
Activities|||(761)|(1,091)||(1,852)|(358)|(822)||(1,180)|
|Total Expenditure|||(968)|(1,108)||(2,076)|(556)|(842)||(1,398)|
|Net Gains/(Losses)
on Investments|||538|||538|(73)|||(73)|
|Net Income/(Expenditure)|||(89)|379||290|(111)|(197)||(308)|
|Transfers
Between Funds|||(20)|20|||11|(11)|||
|Net Movement
in Funds|||(109)|399||290|(100)|(208)||(308)|
|Total Funds Brought Forward||16|2,034|1,498|57|3,589|2,134|1,706|57|3,897|
|Total Funds Carried Forward|||1,925|1,897|57|3,879|2,034|1,498|57|3,589|
##
||||31 March 2021|31 March 2020|
|---|---|---|---|---|
||||Total|Total|
|||Note|OOOO|FOOO|
|Current Assets|||||
|Debtors||10|58|48|
|Investments||11|2,585|2,486|
|Cash at Bank and in|Hand|12|2,889|1,664|
|Total Current Assets|||5,330|4,198|
|Creditors:
amounts|falling due within one year|13|(1,451)|(609)|
|Net Current Assets|||3,879|3,589|
|Total Assets less Current Liabilities|||3,879|3,589|
|Net Assets|||3,879|3,589|
|Funds ofthe Charity|||||
|Capital Funds:|||||
|Permanent
Endowment||16.1|57|57|
|Income Funds:|||||
|Restricted||16.2|1,897|1,498|
|Unrestricted||16.3|1,925|2,034|
|Total funds|||3,879|3,589|
##
|Not|es to the Accounts||
|---|---|---|
||Accounting
Policies||
||The following
accounting
policies have been applied
consistently
in dealing
with items that are considered
matedial
in||
||relation to the financial statements
ofthe Charity.||
||Accounting
convention||
||The Charity
is a public benefit entity and the functional
currency
is Pounds
Sterling (f).||
||The financial
statements
have been prepared
under the historic cost convention,
as modified
for the revaluation|of|
||certain
investments
and properties,
and
in accordance
with
applicable
United
Kingdom
accounting
standards,|the|
||Statement
of Recommended
Practice 'Charities
SORP (FRS 102) (effective
1 January 2019)', and the Charities|Act|
||2011.Section 1AofFRS 102has been applied and no statement
ofcash flows has been prepared.||
||The Trustee has a reasonable
expectation
that
it has adequate
resources
to continue
activities
for the foreseeable||
||future, as stated within their annual
report.
Accordingly
it continues
to adopt the going concern
basis in preparing|the|
||financial statements.||
|1.2|Critical accounting
judgements
and key sources ofestimation
uncertainty||
||In the application
of the Chaffity's
accounting
policies, management
is required
to make judgements,
estimates|and|
||assumptions
about the carrying
amounts
ofassets and liabilities that are not readily apparent
from other sources.|The|
||estimates
and associated assumptions
are based on histodical
experience
and other factors that are considered
to be||
||relevant,
including
expectations
of future events that are believed
to be reasonable
under the circumstances.
Actual||
||results
may differ from those estimates
and the estimates
and
underlying
assumptions
are continually
reviewed.||
||Revisions to accounting
estimates
are recognised
in the period
in which the estimate
is revised
ifthe revision affects||
||only that period or in the period ofthe revision and future periods
ifthe revision affects both current and future periods.||
||At 31"March 2021,there are no estimates
and assumptions
that have significant
risk ofcausing a material
adjustment||
||to the carrying
amounts
ofassets and liabilities
within the next financial year.||
|1.3|Incoming resources||
||All incoming
resources
are included
in the Statement
of Financial
Activities when the Charity is legally
entitled
to|the|
||income, when receipt is probable
and the amount can be quantified
with reasonable
accuracy.
The following
specific||
||policies apply to categories ofincome:||
|1.3.1|Gifts in kind||
||Assets given for distribution
by the Charity are included
in the Statement ofFinancial Activities when distributed.||
||Assets given for use by the Charity are included
in the Statement
of Financial Activities as incoming
resources
when||
||receivable.||
||Gifts made
in kind but on trust for conversion
into cash and subsequent
application
by the Charity are included
in|the|
||accounting
period
in which the gifi is sold.||
||In all cases, the amount at which gifis in kind are recognised
is either a reasonable
estimate oftheir value to the Charity||
||or the amount
actually realised.||
|1.3.2|Legacies||
||Legacies are accounted
foras incoming resources once the receipt ofthe legacy becomes probable.
This occurs once||
||the final estate accounts have been approved
by all parties.
This approval
provides
confirmation
that payment
of|the|
||legacy will be made or property
transferred,
and confirms that all conditions
attached
to the legacy have been fulfilled.||
||Legacies are included as incoming resources
ifthe approval
happened
before 31 March.
Legacies are disclosed under||
||voluntary
income
in the Statement
of Financial Activities.||
##
|1.3.3|Income from fundraising
activities|||||
|---|---|---|---|---|---|
||General donations
and Gift Aid are disclosed
under voluntary
income
in the Statement
of||Financial Activities.
Tickets,|||
||auction and sponsorship
income from fundraising
events are disclosed
under activities for generating|||funds.||
|1.3.4|Grants and other time-related
income|||||
||Where grants are related to performance
and specific deliverables,
these are|accounted|for as the|Charity earns the||
||right to consideration
by its performance.
Where
income
is received
in advance
of performance|||its|recognition
is|
||deferred and included
in creditors.
Where entitlement
occurs before income is|received the income||is accrued.||
|1.4|Resources expended|||||
||All expenditure
is accounted
for on an accruals basis and has been classified|under the principal
categories of 'costs||||
||of generating
funds'
and 'charitable
activities'.
These classifications
comprise
direct expenditure
attributable
to the|||||
||activity.|||||
||Governance
costs are those costs attributable
to the governance
arrangements
of the||Charity
which||relate to the|
||general
running
ofthe Charity, as opposed to those associated
with charitable|or fundraising
activity.|||These include|
||internal
and external
audit, legal advice forthe Trustee and indemnity
insurance.|||||
|1.5|Irrecoverable
VAT|||||
||Irrecoverable
VAT is charged against the category ofresources expended
for which
it was incurred.|||||
|1.6|Employee Benefits|||||
|1.6.1|Short-term
employee
benefits|||||
||Salaries, wages and employment-related
payments
are recognised
in the period
in which||the service|is|received from|
||employees.|||||
|1.6.2|Retirement
benefit costs|||||
||Past and present employees
are covered by the provisions ofthe NHS Pensions|Scheme.|The scheme is an unfunded,|||
||defined
benefit scheme that covers NHS employers,
General Practices and other bodies,||allowed
under||the direction|
||ofthe Secretary of State, in England
and Wales.
The scheme is not designed|to be run|in a way that||would enable|
||bodies to identify
their share ofthe underlying
scheme assets and liabilities.
Therefore, the scheme|||is|accounted
for|
||as if it were a defined
contribution
scheme: the cost to the body of participating|in the scheme is taken as equal to the||||
||contributions
payable to the scheme for the accounting
period.|||||
||For early retirements
other than those due to ill health the additional
pension
liabilities
are not funded|||by the scheme.||
||The full amount ofthe liability for the additional
costs is charged to expenditure|at the time|the Charity|commits itself to||
||the retirement,
regardless
ofthe method ofpayment.|||||
||The Charity's
staff, as referenced
in Note 7, are employed
by Kingston
Hospital|NHS Foundation
Trust|||with the costs|
||oftheir employment
being cross-charged
to Kingston
Hospital
Charity.|||||
|1.7|Charity structure|||||
||Incoming resources
and resources expended
are allocated to particular
funds according to their purpose.|||||
||Transfers
between
funds may arise where there is an authorised
release of restricted
or||endowment|funds, or when||
||charges are made from unrestricted
to other funds.|||||
|1.7.1|Permanent
endowmentfunds|||||
||Funds where the capital is held to generate
income for charitable
purposes
and|cannot itself be spent, are accounted||||
||for as permanent
endowment
funds.|||||
##
##
##
##
##
|ns
and Le|gacies|||||||
|---|---|---|---|---|---|---|---|
||||||Permanent|||
||||Unrestricted|Restricted|Endowment|2020-21|2019-20|
||||Funds|Funds|Funds|Total|Total|
||||EOOO|E000|EOOO|f000|f000|
|Donations:|Corporate||10|239||249|22|
|Donations:|Charitable|Trusts|12|268||280|203|
|Donations:|Personal||162|272||434|286|
|Legacies|||31|453||484|384|
|Total|||215|1,232||1,447|895|
##
##
##
|rading Activities||||||||
|---|---|---|---|---|---|---|---|
||||||Permanent|||
||||Unrestricted|Restricted|Endowment|2020-21|2019-20|
||||Funds|Funds|Funds|Total|Total|
||||EOOO|EOOO|EOOO|EOOO|EOOO|
|Special Fundraising|Events||57|224||281|159|
|Local Community|Fundraising|||31||39|27|
|Total|||65|255||320|186|
|f Raising Funds||||||||
||||||Permanent|||
||||Unrestricted|Restricted|Endowment|2020-21|2019-20|
||||Funds|Funds|Funds|Total|Total|
||||EOOO|EOOO|E000|E000|E000|
|Salaries and other|administrative|||||||
|costs|||148|13||161|150|
|Cost ofactivities for generating||funds|59|||63|68|
|Total|||207|17||224|218|
##
##
|le
Activities||||||||
|---|---|---|---|---|---|---|---|
||||||Permanent|||
||||Unrestricted|Restricted|Endowment|2020-21|2019-20|
||||Funds|Funds|Funds|Total|Total|
||||EOOO|FOOO|EOOO|EOOO|FOOO|
|Expenditure
benefiting||Patients|20|86||106|29|
|Expenditure
benefiting||Staff|82|358||440|123|
|Medical equipment|||65|386||451|46|
|Capital schemes|||493|183||676|905|
|Other activities|||15|56||71|6|
|Office Hardware|&Software||8|5||13|1|
|Office Equipment|& Furniture||11|17||28|16|
|Administration
&|Governance||59|||59|48|
|Auditor's
remuneration|||8||||6|
|Total|||761|1,091||1,852|1,180|
##
##
|osts|||||
|---|---|---|---|---|
||||2020-21|2019-20|
||||Total|Total|
||||EOOO|FOOO|
|Salaries|and wages||146|153|
|Social security costs|||15||
|Pension costs|||18|10|
|Total emoluments|||179|170|
||||2020-21|2019-20|
||||Number|Number|
|The average number ofemployees||is split as follows:|||
|Raising Funds|||3.8|3.8|
|Charitable|activities||0.2|0.2|
|Other|||||
|Total|||4.0|4.0|
##
|Costs||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2020-21|2019-20|
|||Funds|Funds|Total|Total|
|||f000|f000|f000|f000|
|Raising|Funds|207|17|224|218|
|Total||207|17|224|218|
##
##
|||||Permanent|||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|2020-21|2019-20|
|||Funds|Funds|Funds|Total|Total|
|||f000|f000|f000|f000|f000|
|Amounts|falling due within one year:-||||||
|Trade Debtors||3|||3|15|
|Accrued|Income|22|31||53|33|
|Total||25|31||56|48|
##
##
##
||||Permanent|||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|2020-21|2019-20|
||Funds|Funds|Funds|Total|Total|
||EOOO|f000|f000|EOOO|EOOO|
|Trade creditors|55|15||70|45|
|Accruals|635|746||1,381||
|Total|690|761||1,451|609|
##
|||||Permanent|||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|2020-21|2019-20|
|||Funds|Funds|Funds|Total|Total|
|||E000|EOOO|EOOO|EOOO|EOOO|
|Debtors||25|31||56|48|
|Investments||1,284|1,301||2,585|2,486|
|Cash at Bank and in Hand||1,306|1,326|57|2,689|1,664|
|Creditors: Amounts|Falling due within||||||
|one year||(690)|(761)||(1,451)|(609)|
|Total||1,925|1,897|57|3,879|3,589|
##
|16.|Funds ofthe Charity|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Balance|||Net Gains I|Transfers|Balance|
|||||31 March|Incoming|Resources|(Losses) on|Between|31 March|
|||||2020
f000|Resources
f000|Expended
EOOO|Investments
EOOO|Funds
f000|2021
f000|
|16.1|Permanent
endowment
funds|||||||||
||VAW Holton Research —Registered|||||||||
||1056510-1|||57|||||57|
||Total permanent|endowment|funds|57|||||57|
|16.2|Restricted funds|||||||||
||Bom Too Soon —Registered|||||||||
||1056510-2|||||||||
|||||105|77|(33)|||149|
||Kingston
Can —Registered|||||||||
||1056510-3|||||||||
|||||1,167|473|(205)||(83)|1,352|
||Registered
1056510:—|||||||||
||Cancer Research|||10|||||10|
||Cancer Services —Legacies|||||||||
||I C Lewis —Nursing|Research||||||||
||Orthopaedic
Equipment|||45|||||45|
||Urology Equipment|||37||(17)|||20|
||Dementia
Care Programme|||||(2)|||6|
||COVID-19 Appeal||||725|(557)|||173|
||REU &Paediatric Oncology Appeal||||32|||98|130|
||Ophthalmology
Services|||26|176|(176)|||26|
||Laurie Todd Foundation|||28||(54)|||(25)|
||Equipment
Appeals|||15||(18)||||
||Hospital
Equipment|||50||(46)||||
||Total restricted funds|||1,498|1,487|(1,108)||20|1,897|
|16.3|Unrestricted
funds|||||||||
||General|||1,118|244|(409)|538|(7)|1,484|
||Designated|||916|97|(559)||(13)|441|
||Total unrestricted|funds||2,034||(968)|538|(20)|1,925|
||Total funds|||3,589|1,828|(2,076)|538||3,879|
||||Balance|||Net Gains I|Transfers|Balance|
|---|---|---|---|---|---|---|---|---|
||||31 March|Incoming|Resources|(Losses) on|Between|31 Iiilarch|
||||2019|Resources|Expended|Investments|Funds|2020|
||||OOOO|f000|LOOO|f000|f000|f000|
|16.4|Permanent
endowment
funds||||||||
||VA W Holton Research —Registered||||||||
||1056510-1||57|||||57|
||Total permanent
endowment|funds|57|||||57|
|16.5|Restricted funds||||||||
||Bom Too Soon —Registered||||||||
||1056510-2||||||||
||||241|116|(252)|||105|
||Kingston Can —Registered||||||||
||1056510-3||||||||
||||1,131|189|(142)|||1,167|
||Registered
1056510:-||||||||
||Cancer Research||10|||||10|
||Cancer Services —Legacies||||(5)||||
||I C Lewis —Nursing
Research||||||||
||Orthopaedic
Equipment||50||(5)|||45|
||Urology Equipment||71|106|(140)|||37|
||Dementia
Care Programme||78|150|(220)||||
||General Surgery||35||(35)||||
||Ophthalmology
Services||26|||||26|
||Laurie Todd Foundation|||28||||28|
||Equipment
Appeals|||54|(39)|||15|
||Hospital
Equipment||53||(3)|||50|
||Total restricted funds||1,706||(842)|||1,498|
|16.6|Unrestricted
funds||||||||
||General||1,915|381|(504)|(73)|(601)|1,118|
||Designated||219|137|(52)||612|916|
||Total unrestricted
funds||2,134|518|(556)|(73)||2,034|
||Total funds||3,897|1,163|(1,398)|(73)||3,589|
|16.7|Nature and purpose ofeach|Nature and purpose ofeach|Nature and purpose ofeach|fund|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Name offund||||Description ofthe nature
and purpose ofeach fund||||||||
||Permanent
endowment||funds||||||||||
||V A W Holton —Research||||Capital to be held in perpetuity.
Income to be|used|for any research activity||||||
||||||undertaken
by the Hospital||||||||
||Restricted funds||||||||||||
||Born Too Soon||||To be used for any charitable
purpose or purposes|||to|provide||facilities|for|
||||||treatment
ofpremature
babies||||||||
||Cancer Research||||To be used for research
into cancer||||||||
||Dementia
Care Programme||||To deliver consistently
excellent dementia
care||||||||
||General
Surgery||||To enhance surgical services||||||||
||Hospital
Equipment||||To purchase
medical
equipment||||||||
||Ophthalmology
Services||||To support
ophthalmology
services provided|by the||Royal||Eye Unit|||
||Kingston
Hospital Cancer||Unit Appeal||To relieve sickness and advance the health ofpatients||||ofKingston
Hospital||||
||(known as Kingston|Can)|||NHS Foundation
Trust who are (a) suffering|from|chronic or critical illness||||||
||||||(with a particular
emphasis
on those suffering|from||cancer)||or|(b) suffering||
||||||from a disability
or illness
attributable
to old|age: including,||||but not limited|||
||||||to, by provision
of facilities,
equipment
and|services|||and|the|provision|of|
||||||support
and information
to their families
and|carers.|||||||
||I C Lewis —Nursing|Research|||To provide
bursaries
for awards
to encourage
research|||||and|training|by|
||||||nurses||||||||
||Orthopaedic
Equipment||||To purchase
orthopaedic
equipment||||||||
||Urology
Equipment||||To purchase
urology equipment||||||||
||Cancer Services||||To support
the care and treatment
of patients
with||||cancer||at Kingston||
||||||Hospital||||||||
||Laurie Todd Foundation||||To raise awareness
and support research
into oesophageal|||||cancer|||
||COVID-19 Appeal||||To support the health
and wellbeing
ofstaff during|||and post-pandemic|||||
||REU &Paediatric Oncology|||Appeal|To support the development
ofthe Royal Eye Unit|||at|ground||floor level to||
||||||create a dedicated
medical
retina
unit and|a stand-alone||||paediatric||day|
||||||care oncology
unit at first floor level which|is linked|||to|the|rest of|the|
||||||Children's
Service||||||||
||Equipment
Appeals||||Tobe used tosupport medical equipment
featured||in the Charity's appeals.||||||
||||||Tosupport the funding
ofspecific items ofequipment|||to improve diagnosis,|||||
||||||treatment
and care.||||||||
||Unrestricted
funds||||||||||||
||General
Fund & Designated|||Funds|The unrestricted
funds are available
to be spent for|||any of||the|purposes|of|
||||||the Charity||||||||
##