DORSET HEALTHCARE CHARITABLE FUND A registered charity (Registered No. 1056550) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
D•rset Healthcare Charity ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Page Contents Referen and Administrative Details Trustees, Annual Report Independent Examiners, Report 12 Statement of Financial Activities 14 Statement of Financial Position 15 Notes to the Financial Statements 16
DORS HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 31JANUARY 2025 REFERENCE AND ADMINISTRATIVE DETAILS Charity registration number.. 1056550 Principal & Registered Office of Charity: Sentinel House Nuffield Industrial Eslale Poole Dorsel BH17 ORB Bankers: Lloyds Bank PLC 47 Christchurch Road Boumemouth BH1 1ED Bankers: Barclays Bank PLC Ground Floor County Gates 300 Poole Road Boumemouth BH12 1AZ Independent Examiners: PKF-Francis Clark Towngate House 2-8 Parkstone Rd Poole BH15 2PW Internal Auditors: BDO LLP Arcadia House. Mariknme Walk Ocean Village. Southampton Hampshire S014 3TL Dorsel Healthcare University NHS Foundab"on Trust (the Foundab"on Tru511 is the Corporate Trustee of Dorset Healthcare Charitable Fund governed by the laws applicable to Trusts, prinapally the Tnjslee Act 2000 and the Charib'es Act 2011. The Foundation Trust Board has responsibility for overseeing the administration of the charity ath.ng a5 the Corporate Trustee. The members of the Foundation Trust Board who served during the lasl Nvo financial years were as follows.. Corporate Trustee members.. David Clayton-smith Chris Hearn Nicola Plumb Joint Trust Chair (from 1 May 2023) Joint Chief Financial Officer (from 1 February 20241 Joint Chief People Officer and Director of Strategy (from 1 March 2014, Joint Officer from 01 February 20241 Trust Board mernbers current: David Clayton-smith Matthew Bwant Dawn Dawson Rachel Small Steven Peacock Sir David Haslam CBE Andreas Haimboeck-Tichy Suresh Ariaralnam Frances West Dr Andy Dean Dr LLJCY Knight Nicola Plumb Chris Hearn Nick Johnson Jenny Horrabin Joint Trust Chair (from 1 May 2023) Joint Chief Executs"ve Officer (from 1 April 20231 Joint Chief Nursing orricer lfrown 1 April 2018. Joint Officer from 1 April 20241 Interim Chief Operating orricer from 1 July 2024 Non Executive D1ctor Ilrom 1 March 2020) Non ExecLJtive Director (from 1 October 20201 Non Executive Director (from 1 Oclober 20201 Non Executive Director (from 1 September 2022) Non Executive Director (from 1 September 2022) Chief Medi¢al OffIr (from 6 September 2024 - 27 October 20241 Chief Medical OffIr (from 28 Oclober 20241 Joint Chief People OffIr and Director of Slrategy (from 1 March 2014, Joint Officer from 01 February 20241 Joint Chief Financial Officer (from 1 February 20241 Joint Chief Strategy, Transfomiation and Partnerships Officer (from 1 February 20241 Joint ExecLbtive Director of Corporate Affairs (from 11 March 20241 Trust Board members past: Tristan Phillips Prof Faisil Selhi Krists"n Dominy Non Exeojtive Director (from 1 July 2019 10 31 July 2024) Chief Medical OffIr (from October 2020 - 5 September 20241 Chief Operating OfficerlDepLty Chief Execub"ve Offi[ (from 1 April 2020- June 2024) Many of our Executive Directors are in joint wjsts with Dorset County Hospital NHS Foundation Trust.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Trustees. Annual Report The Corporate Trustee presents the Charitable Funds Annual Report together with the Independently Examined Financial Statements for the year ended 31 January 2025. The prior year was the year to 31 January 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORPI "Accounting and Reporting by Charities" FRS102 {1a) in preparing the annual report and financial statements of the charity. The Charity's Annual Report and Financial Statements for the year ended 31 January 2025 have been prepared by the Corporate Trustee in accordance with the accounting policies set out in the notes to the financial statements on page 16 and comply with the charivs governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practi applicable to charities preparing their financial statements in accordan with the Financial Reporting Standard FRS102 (la). Trustees of the Charity The Board of Directors of the Foundation Trust are the Charitys trustees for the purpose of charity law. The Trustees who have served during the year and Sin the year end are noted on page 1. Objectives Dorset Healthcare Charitable Fund is an independent registered charity. It exists to raise funds and receive donations for the benefit of the patients and staff of Dorset Healthcare University NHS Foundation Trust. We are a trustee body independent from the Foundation Trust but work for the benefit of the patients, their families and the staff. The Charity's main objective is to hold the fund upon trust to apply the income for any charitable purpose or purposes relating to the provision of health and social care. This includes social care services: particularly in relation to services provided on or behalf of (but in no way limited to) Dorset Healthcare University NHS Foundation Trust. The Charity secures funding from fundraising, donations, grants and legacies received from patients, their relatives, the general public and other organisations to be able to enhance the service provided and environment in which care is provided. The fund benefits a wide range of patients in hospitals, day ntres. clinics and within their own home including older people, children, those with mental health problems, those recovering from operations, as well as people with physical and sensory difficulties and those who have learning disabilities. Staff also benefit from the fund which is used for staff appreciation, team building and the improvement of staff facilities and wellbeing as well as the education of staff by providing training over and above normal NHS standards. This enhanced training benefits both staff and patients. In September 2021 a Staff Support Group was created in recognition of staff hardship. Since InptIOn it has paid out £35k to 84 staff in need.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Trustees, Annual Report continued Public Benefit The Charity Trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard lo public benefit guidance published by the Charities Commission. The Trustees: must act reasonably and prudently in all matters relating to the Charity- must protect the Charity and act in the best interests of the Charity; should fully discuss and agree the annual accounts and annual report; ensure the income and property of the Charity is applied for the purposes set out in the Governing Document. ensure that good policies are in place and are followed to ensure that the systems of control are rigorous and that the systems of control are well monitored., • annually review policies and investments and method of investment" . take proper professional advice when necessary" must ensure that the way in which the Charity is administered is not open to abuse by unscrupulous persons: Structure Governance Dorset Healthcare Charitable Fund was established by a Declaration of Trust dated April 1996. The objects being for any charitable purpose{s) relating to the provision of health and social care in relation to (although no way limited to) services provided by or on behalf of Dorset Healthcare University NHS Foundation Trust. The Board of Directors, acting as the Corporate Trustee. review risk via the results of any audits undertaken by both the Internal Auditors and Independent Reviewers. The Internal Audit reports are presented to the Trust's Audit Committee and any significant risks are entered onto the Corporate andlor Operational Risk Registers. No significant risks were identified during the year under review. See also the Independent Examiners, Report to the Trustees of Dorset Healthcare Charitable Fund on page 12. The Trustees are satisfied that there are systems in pla to reduce and mitigate the exposure of the Charity to any significant risks. The Chair and Non-Executive Directors are appointed by the Board of Governors of the Foundation Trust. The Corporate Trustee fulfils its legal duty by ensuring that funds are spent in accordance with the objects of each fund. The authority to spend funds has been delegated to service managers within limits agreed by the Trust Board. Management The Corporate Trustee is responsible for overseeing the administration of the charity. The finance directorate of Dorset Healthcare University NHS Foundation Trust has been given the responsibility for the administration of the fund accounts and reports to the Board lce a year. The Joint Chief Finance Officer has responsibility for ensuring that full accounting records are maintained and that devolved decision making or delegated arrangements are in accordance with the policies and procedures governing the Charity.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Structure continued Management The charitable funds available for spending are allocated to service managers, with each allocation managed by use of a designated fund within the general unrestricted fund. This is intended to ensure funds are spent in a way which respects the wishes of our generous donors and benefactors. Where funds are received with specific restriction set by the donor. a new restricted fund is established. The delegated limits for expenditure below £10k requires the approval of the Fund Manager. Expenditure above £10k and up to £50k requires the approval of the Service Director (or nominated Deputy). Expenditure of £50k or more requires the approval of the Joint Chief Finance Officer and the Service Director (or nominated Deputy). The Trustees consider themselves to be the only key management personnel. Risk Management Key risk areas include fraud and over commitments of funds. Procedures and policies have been established to mitigate these risks. Dorset Healthcare Charitable Fund also engages with the internal auditor to periodically carry out reviews and report any areas of weakness. Improvements to processes are implemented as required and deemed reasonable. Reserves Policy The reserves policy consists of: an expectation that income in each individual fund viill be spent within 18 months of receipt unless it is being accumulated for a specific purpose. no individual fund should hold a permanent balance of more than £25k during a three month consecutive period unless, as above, the funds are being accumulated for a specific project. funds with more than £50k require expenditure plans to be submitted to the Corporate Trustee. The reserves in 2024125 total £725k. There are four funds in 2024125 over £25k. In some cases appropriate expenditure has not yet been identified. This has led to an accumulation of reserves. These reserves will be spent on future appropriate expenditure as and when it is identified. There is a restricted fund relating to a legacy left by the Reverend Buckland to be used for any charitable purpose relating to the benefit of Occupational Therapy and the Rehabilitation Assessment units. Amounts for Kings Park Hospital (£29k), NHS Charities Together Development grants for the development of the Charity (£28k), Blandford Hospital (£48K) and New Wave (£32K) contribute to the reserves figure. Further details on these are included in note 13.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Reserves Policy continued There are funds in 2024125 with a balance over £50k and one fund has an accrued balan. These are: Wimborne Hospital designated fund - £218k This is a designated pot to be used for the benefit of Wimbome Hospital. This hospital has a high level of support from the local community and is regularly in receipt of legacy donations. The staff at Wimborne use this fund as and when they identify either a staff, patient or building requirement. NHS Charities Together Recovery Fund The NHS Charities Together Grant wth £52k left for recovery is also detailed in note 13. St Leonards Hospital has been notrfied of a large legacy of £135k which is due to be received in 2025-2026. Treasury Management Policy The Fund invests £100k with HM Treasury and this has realised a return of £5k (£8k 2023124) on a rate of between 4.64 % and 5.14 /. The Charitable Fund spending principle is to spend funds wtthin 18 months therefore only short term investments are made to maximise balances held but at low risk. The Treasury Management policy states.. surplus cash can be invested for a period of up to 6 months. potential risks to the reputation of the Trust that may come from an involvement with deposits in the commercial sector must be minimised. cash is only deposited in "safe harbour" deposits. These are low risk and high liquidity investments. They are deposited with permitted institutions which meet recognised rating agency criteria.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Review of the Activities. Achievements and Performance of the Charitable Funds in 2024/25 Activities and Achievements The Charitable Fund spent £108k on activities and purchases (excluding support costs) to meet the Charity's objectives in the year (£159k in 2023124). A highlight of these include: Westminster Memorial Hospital Tree. garden and End of Life care suite The Team at Westminster Memorial Hospital have been busy fundraising for a Memorial treelGarden with the aim to create a peaceful environment for patients and staff as well as giving families somewhere to come and remember their loved ones. They have also been busy raising funds to enhance the End of Life ServIS at WMH. the fundraising included bingo nights, bacon butty days, raffles and skittle evenings as well as the support from local businesses who were more than happy to support such a good cause.
DORS HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Review of the Activities. Achievements and Performance of the Charitable Funds in 2024/25 continued Patient Welfare Direct patient welfare expenditure for the period toialled £46k (£89k in 2023124) excluding support costs. The £46k includes the purchase of equipment andlor refurbishment to Wards and Units to provide a better patient experience (note 5)- Funds are mainly used to provide additional facilities, or extras, to make the patients, stay more comfortable. These funds make it possible to purchase certain special items which otherwise could not be provided from Dorset Healthcare University NHS Foundation Trust's existing revenue or capital budgets. Staff Education and Welfare Staff education and welfare expenditure for the year excluding support costs totalled £62k (£70k in 2023124). These costs were incurred to improve staff facilities and for staff development and also represent NHS Charities Together monies being spent to support and thank staff. This includes funding ongoing Health and Wellbeing posts to enhance staff welfare within the Trust. Staff were able to attend extemal training courses which provided higher level of teaching for the benefits of our patients. This included courses in palliative care and cancer care. Other funds were donaled towards staff events and other morale and team building events. Other charitable spend included: cookery groups for patients" Christmas gifts for patients hospitalised over Christmas- climbing activities for young people- hot food and drinks for people working in the night time economy in areas of deprivation., team days for staff and training courses for staff. health and wellbeing posts to benefit and enhance Dorset Healthcare staff wellbeing" medical equipment; benches and furniture for other Trust sites with garden areas; furniture, carpeting and redecoration at Wimborne Hospital. Easter eggs and Easter lamb for Aldemey Hospital patients" Maternal mental health awareness coffee moming., Carers Day events. allotment group equipment and supplies.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Review of the Activities. Achievements and Performance of the Charitable Funds in 2024/25 Brain Injury Unit music event The Brain Injury Unit put on a music event fundraiser which realised over £2.4k for the service. The funds are being spent on music therapy for patients. (2aols Upg Fw]LrndLraiise Saturday 20° July 2024 Royal British Legion Ji Entrr. £ l O donatlon on the door. chlldren go free Doors open 3P fun for all the famllyl Uve rnu5ic untll I Ipm 3pm - Songs and Nerves 4.1 5pm - R&K. Acoustic indie and rock covers s.15 - Banned Prattices: unlque originals band 6pm - Nkk Capaldl: Incredlble sololst 7wn - RAFFLEII 7.30wi - Skyfall: Rock covers band 8.30pm - Tina & the Beans: band with interactive quiz 9.45pm: The 45$: Rock covers band DJ Bill: Compere with music and entercainment throU*t Ralsing rrthey in ald of the Acquired Brain Inlury RehabIlitan Service To fund a music therapy proiect... and more. AI Gmry P¥•.
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Our Future Plans The Charitable Fund makes plans in line with the direction and strategy of the Foundation Trust to ensure funds are being spent effectively. The following provides a summary of what we have spend and also the future spending plans for the NHS Charities Together funds: NHS Charities Together funds IVHS Dorset Healthcare University NHS FoundatioTr Trust What we received and how. we're tssing the funds SL4tf health aThd wellbeing (PfWB) champions Volunteers Partnership Future projects FIded by NHS Chae5 Together We further ol L26k lor the VtslLtrttÈe¥ trJÈ(L A Le•Ce in 202Y26 pioject e•eTrS fdt KflghtlrWJalÈ PebbJÈ Lodge. fwenYilDe 45tepsZWellbeing Servi>. 'IM 2025126 £11)k has beèn sgèr21 ¥¥Èlltbes* I11 a& BrAtri
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Our Future Plans continued Future plans are financed by either fund reserves or new donations, legacies or grant income. Future spend will be reflective of the future needs of the services provided or carried out on behalf of the Foundation Trust and the supporting community. Spending plans are requested on a regular basis from all service managers who hold funds. Current and ongoing spending plans include= Wellbeing spaces at Nightingale House, Grenville House, Pebble Lodge and Bridport Hospital; the completion of the wellness garden at Forston Clinic and a wellbeing post to administer the delivery of a wellbeing programme for staff. A project with the Youth Sports Trust to improve health and wellbeing in schools in areas of deprivation funded from the New Wave funds. Funds of £28k have been received for a Volunteers Partnership project which will improve links between Dorset Healthcare Charitable Fund and the very valued contributions of the various League of Friends which support our local hospitals and services. This project is currently at planning stage. Review of the Finances of the Charitable Funds in 2024125 Total income decreased by £30k to £220k in year {2023124 increase of £71k). Realised legacy income has been lower although a large legacy of £135k is accrued for in 2024125 and has been received in 2025126. Grants income has also decreased in year although the Charity has benefitted from further NHS Charities Together funding. Over 250 donations were made totalling £37k (2023124 £50k). Fundraising income increased to £9k (2023124 £nil). Investment income increased to £17K as investment resumed (2023124 £8k) and interest eamed on the Fund's bank account increased. Total expenditure decreased by £52k to £140k in year (2023124 decrease of £303k). A total of £108k (2023124 £159k) was spent directly on charitable activities. a breakdown of which can been seen in note 5. In order to manage the charity £32k (2023124 £33k) was spent on support costs. Total net gain of £80k (2023124 gain of £58k) was added to the brought forward net assets of £645k resulting in total net assets at the end of 2024125 of £725k. Spend was steady in 2024125 but lower than in 2023124. The bulk of the NHS Charities Together funding has already been spent but 2024125 saw the final completion of ongoing projects bul with a smaller spend to complete these. The charity relies on donations. grants and legacies as its main Sour of income. Historically, the charity has not previously fundraised but in Summer 2024 the staff in the Brain Injury Unit held a music event. Other staff took part in running events, raffles and bake sales to raise funds for EOL Suites and memorial gardens. Further activity and a fundraising strategy is planned for future years - a staff post to link the Charity. volunteers and other charitable organisations is being funded in 2025126 working towards these goals. In past years funds have always more than exceeded total annual running costs. io
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources of the Charity for that peri(Kl. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP (FRS102)' make judgements and estimates that are asonable and prudent. state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By Order of the Trustee Signed.. 23rd October 2025 . Date David Clayton-smith, Joint Chair of the Corporate Trust li
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Independent Examiners. Report to the Trustees of Dorset Healthcare Charitable Fund I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 January 2025 which are set out on pages 1 to 26. Responsibilities and basis of report As the charitrfs trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the chariws accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= accounting records were not kept in respect of the charity as required by section 130 of the the accounts do not accord with those records. or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Adrian Way FCA FCCA (a Director on PFK Francis Clark Towngate House 2-8 Parkstone Road Poole Dorset BH15 2PW Date: 31 October 2025 12
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 A BIG THAIVK YOU On behalf of the patients and staff who have benefited from the donations and legacies received. the Dorset Healthcare Charitable Fund would like to thank everyone who has made charitable donations. In addition a special thanks to those individuals, both staff of Dorset Healthcare University Foundation Trust and external supporters who have invested their time to drive forward a charitable scheme. NHS 13
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Statement of Financial Activities for the year ended 31 January 2025 Note Unrestricted funds Restricted funds 2024125 Total funds 2023124 Total funds £000 £000 £000 £000 Income from: Donations and legacies Fundraising Grants Investments Total income 161 15 176 155 18 18 17 220 87 12 173 47 250 Expenditure from: Charitable activities Total expenditure 1731 {731 1671 67 140 1140 1921 1921 Net incomel{expenditure) 100 201 80 58 Transfers between funds Net movement in funds 100 201 80 58 Reconciliation of funds: Total funds brought forward 13 440 205 645 587 Total funds Carried forward 13 540 185 725 645 14
DORS HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Statement of Financial Position for the year ended 31 January 2025 Note Unrestricted funds Restricled funds 2024125 Total funds 2023124 Total funds £000 £000 £000 £000 Current assets: Debtors Cash and cash equivalents Total Current assets 10 11 137 436 573 138 634 772 198 199 662 664 Liabilities: Credilors.. amounts falling due wilhin one year 12 {33) {14} 1471 119) Net current assetsl{liabilities) 540 185 725 645 Total net assetsllliabilities} 540 185 725 645 The funds of the charity: Restricted Funds Unrestricted Funds 13 13 185 185 540 205 440 540 Total charity funds 540 185 725 645 The notes at pages 16 to 25 form part of these accounts. The financial slalemenls were approved and authorised for issue by the Board on Signed on behalf of the Board of Tnjstees Signed.. David claytonmith, Joint Chair of the Corporate Trustee Dale.. 23rd October 2025 Charity registralion number= 1056550 15
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 1 Summary of accounting policies 1.1 General information and basis of preparation Dorset Healthcare Charitable Fund is a charity in the United Kingdom. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charitys operations and principle activities are detailed in the Trustees Annual Report. The charty constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practi as it applies from 1 January 2015. The financial statements are prepared on a going cOnM basis under the historical cost convention. The financial statements are prepared in sterting which is the functional currency of the charity and rounded to the nearest £000. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 1.2 Statement of Compliance These financial statements have been prepared in compliance with the provisions of FRS102 section 1a, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. 1.3 Funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds which are either set aside to be used for specific purposes or which reflect non-binding wishes of donors. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The major funds held in each of these categories are disclosed in note 13. 16
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 1.4 Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be reived. For donations to be recognised the Charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those condib'ons is within the control of the charity and it is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity, however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. If the details of the amount are confirmed after the reporting period but prior to the accounts being authorised for issue then the legacy will be treated as an adjusting post reporting date event and accrued as income, rf material. In terms of the Charity accounts legacies left to hospitals or services are treated as designated (unrestricted) funds unless there is a specific restriction imposed on the Charity by the terms of the Will in which case they are treated as restricted funds. Investment income is eamed by depositing cash for investment purposes to earn interest. 1.5 Expenditure recognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings- Expenditure on charitable activities includes costs incurred in relation to the charitable operations including support and governance costs apportioned to the charitable activities. 17
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 1.6 Support costs allocation Support costs are those that assist the work of ihe charity but do not directly represent charitable activities and include office costs and g0Veman costs. They are incurred direclly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to the cost of raising funds and expendilure on charitable activities on a basis consistent with use of the reSoUrs. All overheads have been allocated on an expenditure proportion basis. Details of these costs is included in note 5. 1.7 Debtors and creditors receivablelpayable within one year Debtors and creditors wth no staled interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impaimenl are recognised in expenditure. 1.8 Cash and cash equivalents Cash at bank and in hand is held to meet the day to day running costs of the charity as they fall due. Cash equivalents are short tem, highly liquid investmenls, held in an interesl bearing account. 1.9 Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. 1.10 Going concern The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going COnM. 18
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 2 Prior year comparatives by type of fund The primary statements provide prior year comparatives in total" this note provides prior peri comparatives for the Statement of Financial Activities and the Statement of Financial Position for the two types of funds the charity manages. 2.1 Statement of Financial Activtties for the year ended 31 January 2024 Unrestricted funds Restricted funds 2023124 Total funds £000 £000 £000 Income from: Donations and legacies Grants Investments Total incoming resources 122 33 87 155 87 127 123 250 Expenditure on: Charitable activities Total expenditure (79) 79 (113} 113) 192) 192 Net movement in funds 10 58 Reconciliation of funds: Total funds brought forward 389 198 587 Total funds carried fOard 437 208 645 2.2 Statement of Financial Position for the year ended 31 January 2024 Unrestricted funds Restricted funds 2023124 Total funds £000 £000 £000 Current Assets: Debtors Cash at bank and in hand Total Current Assets 445 217 218 662 664 Liabilities: Creditors.. amounts falling due within one year (6) {131 (19) Net current assetsl(liabilities) 205 645 19
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 3 Income from donations and legacies Unrestricted Restricted funds funds 2024125 £000 £000 £000 22 15 37 139 139 2023124 £000 50 105 Donations Legacies Fundraising Grants 18 42 18 203 87 242 161 4 Income from investments Unrestricted Restricted funds funds 2024125 £000 £000 £000 12 17 12 17 2023124 £000 Interest - deposits 5 Analysis of charitable expenditure Charitable activity £000 14 Support costs 2024125 £000 £000 18 2023124 £000 22 72 85 13 192 Purchase of new equipment Building and refurbishment Staff education and welfare Patient welfare 62 27 108 18 80 35 140 32 The basis for allocating support costs is by number of transactions processed to more accurately reflect the support time and resources used. Patient welfare has attracted proporbonally higher support (x)sts due to the amount of transactions involved but at smaller expenditure cost. Building and Refurbishment expenditure is reduced in year as most major works are completed and only minor works Vre needed to finalise projects. Of the above support costs £11 k were attributable to restricted funds (2023124 £12k}. The decrease is due to buildings and refurbishments and purchase of new equipment transactions, many of which Game from reslricted funds. attracting a lower support cost as this included fewer transactions but higher amounts. 20
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 6 Allocation of support costs and governance costs Support costs are allocated beeen fundraising activities and charitable activities. Governan costs are those support costs which relate to the strategic and day to day management of the charity. The bases of allocation used are as follows: Charitable activities £000 Total 2024125 £000 Totsl 2023124 £000 Support cost Internal Audit External Independent Review Governance Total Financial administration Telephonelpostagelststionery Computer expenses Total 24 24 24 32 32 33 Unrestricted funds 21 21 Restricted funds Total 2024125 32 32 Total 2023124 33 33 Charitable activities 11 7 Independent examiners remuneration The estimated independent examiners remuneration of £4k (2023124 £4k) relates to the independent examination of the financial statements by our external reviewers. 8 Trustees. and key management personnel remuneThition and expenses The Trustees and key management personnel neither received nor waived any remuneration during the year 2024125 (2023124 - £nil). No Trustees are accruing pension arrangements (2023124- £nil). The Trustees did not have any expenses reimbursed during the year (2023124 - £nil). 21
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes lo the Financial Statements 9 Staff cost and employee benefits For Ihe 2024125 year the charilable fund did nol employ any staff {2023124 - nil). Staff are not directly employed by the Charitable Fund. Staff of Dorset Healthcare Universily NHS Foundation Trust have responsibility for the day to day running of the Charitable Fund and Ihe lime spent on this work is recharged to Ihe Charity on a monthly basis. 10 Debtors 2024125 £000 2023124 £000 Other debtors Prepayments and accrued income 137 138 The increase in Debtors is due to a large legacy of £135k being nottfied in 2024 for St Leonards Hospital. 11 Analysis of cash and cash equivalents 2024125 £000 534 100 634 2023124 £000 562 100 662 Cash in hand Cash on deposit 12 Creditors: arnounts falling due within one year 2024125 £000 47 47 2023124 £000 19 19 Accruals 22
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements 13 Fund reconciliation Balance at start date Balance at end date Transfer Income Expenditure £000 £000 £000 £000 £000 Unrestricted and designated funds: Designated funds Wimborne Hospital fund Blandford Hospital New Wave fund Other imrnaterial designated funds (43 funds) Unrestricted funds St Leonards Hospital accrued legacy General funds Total unrestricted and designated funds 247 (371 {71 {21 (231 218 33 93 32 95 24 135 135 12 540 11 173 (73) Restricted Buckland Fund Swanage Hospital Swanage Hospital Training LOF Oncology Service Dorset Working Women's Project Pebble Lodge Wimborne Bullows A&E Eyes Kings Park Hospital NHS Charities Together- COVID NHS Charities Together- Recovery NHS Charities Together Volunteers Partnership NHS Charities Together- Development Grant District Nurses Boumernouth North Bridport COVID crowd funding Other immaterial restricted funds144 funds) Total Restricted Funds 10 131 121 31 {31 {21 (141 (131 {21 29 46 26 29 20 52 14 28 22 47 27 (67) 29 185 205 Total Funds 645 220 11401 725 Zero balances are induded as they represent balances under £500. Fund Descriptions Full details of funds are shown with the Trustee Retx)rt. al Unrestricted and designated funds The purpose of the unrestricted ftrnds are to support the charitable purpose as stsled in the objects of the Dorset Healthcare Charitable Fund- particular designated funds have been created to reflect the non binding wshes of donors. The Trustees set a closing balan of £50k or above as the threshold for reporting material designated funds. In the interests of accountability a breakdown of all such funds is available upon written request. There are two designated funds wth a closing balan over £50k= Wimbome Hospital at £218k and St Leonard's Hospital at £135k (accrued legacy). 23
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Notes to the Financial Statements Fund Descriptions continued Wimborne Hospital Material Designated Fund Wimborne Hospital has been the recipient of several legacies in the last few years. They received £1 k in 2024125. This year funds were spent on a patient safety conference, thank yous and Team building events for staff. flooring and lighting refurbishments, specialised quilts for Hanham Ward and newspapers for hospital patients use. St Leonards Hospital Material Designated Fund A legacy of £135k was notified for St Leonard's Hospital in 2024125 and has been received by the Charity in 2025126. b) Restricted funds Restricted funds over £50k There is one restricted fund with a balan over £50k. NHS Charities Together- Recovery Funds The Charity joined NHS Charities Together in 2020 and has since applied for funding for various purposes. Grants of £125k were received in previous years to support recovery and a further grant of £18k was awarded in 2024125. This is being used for a Health and Wellbeing admin support post for the Health and Wellbeing initiative. It is also being used to continue the creation of wellness rooms and gardens at various sites - Bridport Hospital's new garden and room have been completed in 2025. Works are planned at Nightingale Hospital and Pebble Lodge Children's Unit in 2025126. Restricted funds under £50k The Charity previously received £28k from NHS Charities Together to improve volunteer partnership working and has begun to work with Dorset Community Action Partnership. Further funds are to be received in 2025126 in conjunction with Dorset County Hospital and some of this will be used to fund a participation post. The Charity also received £30k in 2023 to be used to develop the Charity. Kings Park Hospital received a £40k legacy in July 2018. Some spending has commenced and further ideas are being sought regarding how to spend this money. 24
DORSET HEALTHCARE CHARITABLE FUND- ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 Notes to the Financial Statements Fund Descriptions continued The New Wave fund is for areas of deprivation in the Boscombelspringboume area of Dorsel and several projects have been identified for this purpose. A project is due to commence with the Youth Sports Trust in 2025126. The other immaterial restricted funds relate to funds under £10k. 14 Related party transactions Information about related party transactions and outstsnding balances is outlined below- Income Expenditure £000 £000 Debtors Creditors £000 £000 Dorset Healthcare University NHS Foundation Trust - Corporate Trustee To 31 January 2025 28 To 31 January 2024 28 The Trust Board of Dorset Healthcare University NHS Foundation Trust is the sole corporate trustee of the Gharitable fund. Board Members of Dorset Healthcare University NHS Foundation Trust (and other senior staff) take decisions on charity matters but endeavour to keep the interests of each discrete and do not seek to benefit personally from such decisions. Dorset Healthcare University NHS Foundation Trust on occasion will receive income or make payments on behalf of Dorset Healthcare Charitable Fund. the charity will then refund the balance. In addition Dorset Healthcare University NHS Foundation Trust provides management and accounting support to the Charitable Fund. During the period none of the Trustees or members of the key management staff or parties related lo them has undertaken any material transactions with the Dorset Healthcare Charitable Fund or received any benefit from the charity through payment or in kind. 15 Contingent Assets In January 2025 the Charity was notified of a potential legacy of £20k for St Anns Hospital this is still in probate. 25