##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|~ ~|||
|---|---|---|
|Total funds||8,048|
|less restricted|funds|(2,462)|
|less committed|funds|(798)|
|Freely available|reserves|4,788|
##
|Fixed Asset Investments|5,185|4,324|
|---|---|---|
|Net Current Assets|2,863|5,197|
|Total Net Assets|8,048|9,521|
|Funds ofthe Charity|||
|Endowment
Funds|||
|Restricted
Funds|2,462|4,710|
|Unrestricted
Funds|5,586||
|Total Funds ofthe Charity|8,048|9,521|
##
##
##
##
|Mr|KSingh|CBE|Trust Chairman|(ExOfficio, non-voting
member)|(ExOfficio, non-voting
member)|(ExOfficio, non-voting
member)|
|---|---|---|---|---|---|---|
|Col|(Ret'd)|I Crowe|Non-Executive|Director|||
|Ms|C Fox||Chief Nurse||||
|Mr|AJohnson||Non-Executive|Director|||
|Mr|BPatel||Non-Executive|Director|(CFC Non-Executive|Director|
||||Chair)||||
|Mr|SLazarus||Interim Chief Financial||Officer (until 11December 2020||
||||when he was appointed||as Chief Financial|Officer)|
##
|External|Auditors|Cooper Parry Group Limited|Cooper Parry Group Limited|
|---|---|---|---|
|||One Central Boulevard||
|||Blythe Valley Business Park||
|||Solihull||
|||Birmingham||
|||890BBG||
|Solicitors||Eversheds||
|||1Royal Standard|Place|
|||Nottingham||
|||NG1 6FZ||
|Bankers||The Royal Bank|ofScotland|
|||StJohns House||
|||East Street||
|||Leicester||
|||LE19NB||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds 20-21|Funds 19-20|
|||||6000|6000|6000|6000|
|Income from||||||||
|Donations
and legacies|||5.3|1,701|2,276|3,977|4,256|
|Other trading
activities|||5.2||248|255||
|investments|||83|63||108|139|
|Total Income||||1,772|2,569|||
|Expenditure
on||||||||
|Raising funds||||466|177|643||
|Charitable
activities|||6.2|1,035|5016|6,051|1,569|
|Total expenditure||||1,501|5,193|6,694|2,211|
|Gains/(losses)
on investment||assets|8.1|504|376|880|(427)|
|Net income/(expenditure)||||775|(2,248)|(1,473)|2,041|
|Gross transfers
between|funds|in year|11.2|||||
|Net incoming/(outgoing)|resources|||775|(2,248)|(1,473)|2,041|
|Reconciliation
offunds||||||||
|Total funds bought forward||||4,511|4,710|9,521|7,480|
|Total funds carried forward||||5586|2462|8048|9521|
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds 20-21|Funds 19-20|
||||Note|5000|5000|6000|5000|
|Fixed assets||||||||
|Investments||||2,906|2279|I|81'I|
|Total fixed assets||||2,906|2,279|5,185|4,324|
|Current assets||||||||
|Debtors|||||96|182|1,404|
|Cash at bank and|in hand|||2932|1 292|4224|4,276|
|Total cunant assets||||3,016|1,390|4,406|5,880|
|Liabilities||||||||
|Creditors: amounts||falling due within one year|10||1,207|1 543|483|
|Net current assets||||2,680|183|2,863|5,197|
|Totalnetassets||||5586|2
82|I DIS||
|Funds ofthe Charity||||||||
|Restricted funds
Unrestricted
funds|||11.2
11.2||2,462|28482
5586|4,710
I811|
|Total funds ofthe||Charity||5888|2462|8 DID||
##
|Table 1:Statement ofCash Flow||||||20-21 Total
Funds|19-20Total
Funds|
|---|---|---|---|---|---|---|---|
|||||||8000|8000|
|Cash flows from operating
activities:||||||||
|Net cash provided
by operating
activities
Cash flows from investing
activities:||||||(179)|2,297|
|Dividends,
interest and rents from investments||||||108|139|
|Net cash provided
by investing
activities||||||108|139|
|Change
in cash and cash equivalents
in the
Cash and cash equivalents
at the beginning
Cash and cash equivalents
at the end ofthe|reporting
period
ofthe reporling
reporting
period||period|||(52)
4,276
4,224|2,410
1,866
4,276|
|||||||20-21 Total|19-20Total|
|Table 2:Reconcgiatlon
of net income/(expenditure)||to net cash flow from operating|||activities|Funds|Funds|
|||||||2000|8000|
|Net income/(expenditure)
for the reporting
Adlustments
tor:|period|(as per the statement||offinancial|activities)|(1,473)|2,041|
|(Gams)/losses
on investments||||||(880)|427|
|Dividends,
interest and rents from investments
(Increase)/decreese
in debtors
Increase/(decrease)
in creditors
Net cash provided
by operating
activities||||||(108)
1,222
1,060
(179)|(139)
(216)
184
2,297|
|Table 3:Analysis ofcash and cash equivalents||||||||
|||||||8000|2000|
|Cash in Hand||||||4,224|4,276|
|Total cash and cash equivalents||||||4,224|4,276|
##
##
##
##
|||||||31 March|31 March|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||8000|6000|
|Income from||||||||
|Donations
and legacies||||||1,701|2,826|
|Other trading
activities||||||8|44|
|Investments||||||63|64|
|Total Income||||||1,772|2,934|
|Expenditure
on||||||||
|Raising funds||||||466|440|
|Charitable
activities||||||1,035|1,050|
|Total expenditure||||||1,501|1,490|
|Gains/(losses)
on investment
assets
Net income/(expenditure)
Gross transfers
between
funds
in year||||||504
775|(178)
1,266
~25|
|Net incoming/(outgoing)||resources||||775|1,241|
|Reconciliation
offunds||||||||
|Total funds bought forward||||||4,811|3,570|
|Total funds carried forward||||||5,586|4,811|
|Unrestricted
funds - Balance||||Sheet||||
|||||||31 March|31 March|
|||||||2021|2020|
|||||||f000|8000|
|Fixed assets:||||||||
|Investments||||||2,906|1,773|
|Total fixed assets||||||2,906|1,773|
|Current assets:||||||||
|Debtors||||||84|973|
|Cash at bank and
in hand||||||2,932|2,169|
|Total current assets||||||3,016|3,142|
|Liabilities:||||||||
|Creditors
falling due within||one||year||(336)|(104)|
|Net current assets||||||2,880|3,038|
|Total net assets for unrestricted|||||funds|5,586|4,811|
|Total Unrestricted
funds||||||5,586|4,811|
##
##
##
|Restricted funds - State|m|en|t|ofFinancial Activity|||
|---|---|---|---|---|---|---|
||||||31 INarch|31 March|
||||||2021|2020|
||||||6000|6000|
|Income from|||||||
|Donations
and legacies|||||2,276|1,430|
|Other trading
activities|||||248|240|
|Investments|||||45|75|
|Total Income|||||2,569|1,745|
|Expenditure
on|||||||
|Raising funds|||||177|202|
|Charitable
activities|||||5,016|519|
|Total expenditure|||||5,193|721|
|Gains/(losses)
on investment|||assets||376|(249)|
|Net income/(expenditure)|||||(2,248)|775|
|Gross transfers
between|funds|||in year||25|
|Net incomingi(outgoing)
Reconciliation offunds||resources|||(2,248)|800|
|Total funds bought forward|||||4,710|3,910|
|Total funds carried forward|||||2,462|4,710|
|Restricted funds - Balance|||Sheet||||
||||||31 March|31 Nlarch|
||||||2021|2020|
||||||6000|FOOD|
|Fixed assets:|||||||
|Investments|||||2,279|2,551|
|Total fixed assets|||||2,279|2,551|
|Current assets:|||||||
|Debtors|||||98|431|
|Cash at bank and in hand|||||1,292|2,107|
|Total current assets|||||1,390|2,538|
|Liabilities:|||||||
|Creditors
falling due within||one||year|(1,207)|(379)|
|Net current assets|||||183|2,159|
|Total net assets for restricted||||funds|2,462|4,710|
|Total restricted funds|||||2,462|4,710|
##
##
##
##
||Notes|to the Accounts||
|---|---|---|---|
|Note 5.3 - Donations and|Legacies|Income|Total|
|||E'000k|g000k|
|Legacies||||
|Specific legacy||128||
|Specific legacy||92||
|Specific legacy||67||
|Specific legacy||50||
|Specific legacy||50||
|Other legacies||109||
||||496|
|Donations||||
|Charitable
Foundation||250||
|Donation
from Community|group|250||
|Charitable
Foundation||181||
|Charitable
Foundation||170||
|Charitable
Foundation||162||
|Charitable
Foundation||150||
|Charitable
Foundation||112||
|Charitable
Foundation||100||
|Charitable
Foundation||100||
|Private donation||100||
|Charitable
Foundation||70||
|Charitable
Foundation||50||
|Charitable
Foundation||50||
|Other donations
and fundraising||1736||
||||3,481|
|Total Donations
and Legacies|||3,977|
|Note 6|.1 - Expendit|ure
on raising funds|||||
|---|---|---|---|---|---|---|
||||ores i'Ice|estncte|oa|0|
||||Funds|funds|2020-21|2019-20|
||||k'000|8'000|8'000|F'000|
|Fundraising
team salanes|||368|45|413|387|
|Charity|Shop costs||20||20|29|
|Lottery|prizes|||109|109|108|
|Appeals|and events|expenditure|1|10|11|52|
|Printing,|stationeiy|&marketing|31|4|35|4|
|System|costs||2||2|5|
|Other miscellaneous||costs|28||35|40|
|Investment
Manager's Fees|||16||18|17|
|Total expenditure||on raising funds||77|||
##
##
|include an app|ortion|ment
ofs|uppo|rt cost|s|s||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Grant Funded|||Support||Total|Total|||
|||||||Activity||Costs|2020.21||2019-20|||
|||||||f'000||f'000||eooo|f'000|||
|Patient welfare|and|amenities||||419||10||429|677|||
|Staff welfare and amenities||||||384||9||393|277|||
|Research||||||184||5||189|233|||
|Capital contributions||||||4,919||121||5,040|382|||
|Total expenditure||on charitable||activities||5,906||145||6051|I 569|||
|Ag grants are made||to the Trust. The Trustee operates a Scheme of|||||Delegation||through|which
all grant funded||activity|is|
|managed
by fund managers,|||responsible||for the day|to day disbursements||on their projects. This activity is undertaken|||||in|
|accordance with the directions|||set out by||the Trustee|in its Standing|Orders and||Standing|Finandal|Instructions|which|have|
|been adopted|by the Charity.|||||||||||||
|||||||Unrsstncted|Restricted|||Total|Tots I|||
|||||||Funds||funds|2020-21||2619-20|||
|||||||ROOOs||fooos||Rooo|Rooo|||
|Patient welfare||||||354||65||419|614|||
|Staff welfare||||||206||178||384|251|||
|Research||||||5||179||184|212|||
|Capital||||||341||4 578||4$19|347|||
|Total giants||||||906||5000||5906|1 424|||
|Note 6.3-Analysis ofstaff costs|Note 6.3-Analysis ofstaff costs|Note 6.3-Analysis ofstaff costs|Note 6.3-Analysis ofstaff costs||||||
|---|---|---|---|---|---|---|---|---|
|The Charity does not employ any direct||||staff but is recharged||with the costs ofstaff from the NHS trust. These staff provide|||
|administration,
accounting,|||fundraising|and management|support to the Charity and their costs are summarised|||in the Table|
|below.|||||||||
|||||||2020-21|2019-20||
|||||||R'000|R'000||
|Fundraising
&appeals team||||||433|413||
|Finance|accounting|&administration||||107|107||
|Total staff costs|||||||520||
|This can|be further|analysed|as follower|||2020-21|2019-20||
|||||||f'000|eooo||
|Satanas||||||442|428||
|Pensions||||||58|55||
|National|insurance|contributions||||40|37||
|Total staff costs|||||||520||
##
##
##
##
##
|Note 7 -|Financial
Instruments|Financial
Instruments||||||||
|---|---|---|---|---|---|---|---|---|---|
|The Charity has financial assets and financial|||||liabilities||in the following categories:|||
|||||||||2021|2020|
|||||||||8'000|8'000|
|Financial|Assets|||||||||
|Financial|assets measured|at fair value through||||income|and expenditure:|||
||Cash at Bank and|in|hand|||||4,224|4,276|
|Debt instruments
measured||at|amortised|cost:||||||
||Trade debtors|||||||56|147|
||Other debtors|||||||12|60|
||Total|||||||88|207|
|Financial|Liabilities|||||||||
|Financial|Liabilities measured||at amortised cost:|||||||
||Trade payables|||||||1,251|454|
||Other creditors|||||||292|29|
||Total|||||||1,543|483|
|Note 8 -|Fixed asset investments|||||||||
|||||||2020-21|2019-20|
|---|---|---|---|---|---|---|---|
|||||||8'000|8'000|
|Market value at 1 April 2020||||||4,324|4,725|
|Add:|additions to investment
atcost|||||326|4,886|
|Less:
Add:
Add:|disposals at carrying
value
realised
gain on disposal *
Unrealised
gain (loss) on revaluation
*|||||(345)
26
854|(4,860)
76
~503|
|Market value as at 31 March 2021
'7 I
I
*II
5
d
II *d 0
I||I|2020 21 5880k|(2018205427k|I|5185|4,324|
##
##
|||Notes to the|Accounts||||
|---|---|---|---|---|---|---|
|Note 8.2 - Analysis of investment||portfolio|||||
||||Held|Held|||
||||in UK|outside
UK|Total|Total|
||||E'000|5'000|8'000|8'000|
|Investments
listed
in unit trusts|||1,980|3,105|5,085|4,274|
|Cash held as part ofinvestment|portfolio||100||100|50|
|Market Value as at 31 March|2020||2,080|3,105|5,185|4,324|
|Note 8.3 - Analysis ofgross|income from investments||||||
||||Unrestricted|Restricted|2020-21|2019-20|
||||Funds|Funds|Total|Total|
||||t'000|6'000|8'000|8'000|
|Income from investment
manager's||portfolio|61|44|105|130|
|Other investments|||2|1|3|9|
|Total investment
income|||63|45|108|139|
##
##
||Notes to the A|ccounts|||||
|---|---|---|---|---|---|---|
|Note 8.4 - Investments|||||||
||||||o%%dof||
|||Value as at||Value as at|portfolio as||
|||31st March||31stMarch|at 31st||
|||2021||2021|March|2021|
|||f|000|B000|'/4||
|Equities|||||||
|UKequities|||||||
|BPOrd USD0.25|||48|||0.9'/o|
|Royal Dutch Shell 'B'Ord Euro.07|||49|||0 94/o|
|Croda
Intl Ord GBP0.10609756|||89|||1.7'lo|
|Rio Tinto Ord GBP010|||89|||1 74/o|
|Howdens
Joinery GR Ord GBP0.10|||89|||1 74/o|
|Unilever Pic Ord GBP0.031111|||72|||1.4%|
|Glaxosmithkline
Ord GBP0.25|||66|||1.3'/o|
|Relx PLC GBP0.1444|||83|||1.6'/4|
|Compass Group Ord GBP0.1105|||50|||1 0'/|
|Intercontinental
Hotels Ord GBP0208521303|||68|||1.3%|
|National
Grid Ord GBP0.12431289|||69|||1.3'/o|
|Lloyds Banking Gp Ord GBP0.10|||53|||1 0'/0|
|Admiral
Group Ord GBP0.001|||99|||1.9'/o|
|Hiscox Ord GBP0.065(Dl)|||36|||0.7'/o|
|Legal 8General GP Ord GBP0.025|||76|||1 54/o|
|international
equities|||||||
|Bailie Gifford American
B Nav Acc||292||||5.64/4|
|JPMorgan
Funds
Lrt US Equity Inc||289||||5 6'/o|
|Vanguard
Inv UK LT US Equity IDX||607|||11 74/o||
|Kone OYJ Ser'b'npv|||89|||1.7'lo|
|Alcon AG CHF0.04|||73|||1 44/o|
|Blackrock FM Ltd European
Dynamic|||195|||3.8'/4|
|Bailie Gifford Japanese|||136|||2 6o/o|
|Hermes
Invest Mngm Asia Ex-Japan EQTY F|||164|||3.2'/o|
|MSIM Fund MGMT Asia Opportunity|||130|||2 5o/o|
|Blackrock FM Ltd Emerging
Markets|||74|||1.4'/o|
|Total Equities||||3,085|59.5/||
|Bonds|||||||
|UKBonds|||||||
|Pimco Global Advis UK Corp|||267|||5 1/0|
|International
Bonds|||||||
|Henderson
Investment
Janus|||147|||2.8'/4|
|Jupiter UT Managers Strategic Bond|||268|||5 2o/o|
|Newton
Global DYNM|||267|||5 1 o/o|
|Xtrackers
II|||278|||5.4'/o|
|Total Bonds||||1,227|23.7'/o||
|Property|||||||
|Charities
Prop FD Propertv
fund income|||64|||1 24/o|
|Mayfair Capital
in Prop inc Trust for charities|||110|||2. 14/o|
|Total Property||||174||3.4'%%d|
|Other|||||||
|Legg Mason inv FDS IR Clrbridge|GBL Infra Inc||96|||1 9'/o|
|Link fund Sol Ltd Capita Trojan XDis|||184|||3 5o/o|
|Blackrock (Lux) SA UK Emg Cos Abs Rtn s" GBP|||196|||3.8'/o|
|Int Public Partner ord GBP0.0001|||75|||1.4'/4|
|SEQUOIA ECONOMIC
I NPV|||48|||0.9'/o|
|Total Other||||599||11 5'/o|
|Cash|||||||
|Total cash||||100||1 9/0|
|Total investments||||5,185||100o%%d|
##
##
##
##
|||||||||2020-21|2019-20||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||e000|f000||
|Charitable|projects|||||||798|516||
|Total||||||||798|516||
|The Charity||recognises|liabilities|in|the accounts||once|there is a legal or constructive
obligation|to expend|funds. The|
|commitments||in this note reflect||the Charity's||intentions||to spend, and as such are not dassed as liabihties
in the accounts.|||
|They are all||due within one year.|||||||||
|||||||||2020-21|2019-20||
|||||||||e000|e000||
|Movement||within year|Opening||value|||516|554||
||||Arising||in year|||6,356|1,649||
||||Utilised||in year|||(5,823)|(1,250)||
||||Unused||/ reversed|||(253)|(437)||
|Closing value||||||||798|||