2023-03-31-accounts - Leicester Hospitals Charity

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Total funds		9,722
less restricted	funds	3,679
less committed	funds	1,808
Freely available reserves		4,235

Fixed Asset Investments	4,964	5,364
Net Current Assets	4,758	2,329
Total Nst Assets	9,722	7,693
Funds ofthe Charity
Restricted Funds	3,679	1,708
Unrestricted Funds	6,043	5,985
Total Funds ofthe Charity	9,722	7,693

External Auditors	Cooper Parry Group Limited	Cooper Parry Group Limited	Cooper Parry Group Limited
	Office 401
	Two Chamberlain	Square
	Birmingham
	B33AX
Solicitors	Eversheds
	1 Royal Standard	Place
	Nottingham
	NG1 6FZ
Bankers	The Royal Bank ofScotland pic
	East Midlands Corporate		Banking
	PO Box7895, 5th	Floor Cumberland		Place
	Nottingham
	NG1 7ZS
Investment	Brewin Dolphin
Managers	Waterfront House
	3SStation Street
	Nottingham
	NG2 3DCt

			Note	Unrestricted Funds FOOO	6000 Restricted Funds	f000 Total Funds 22-23	O Total Funds 21-22 FOOO
Income from
Donations and legacies			5.3	2,074	3,042	5,116	2,987
Other trading activities			5.2		234	235	246
Investments			8.3	119		162	121
Total Income				2,194	3,319	5,513	3,354
Expenditure on
Raising funds			6.1	603	315	918	765
Charitable activities			6.2	1,219	949	2,168	3,142
Total expenditure				1 822	1 264	3,086	3907
(Losses)/gains on investment		assets	8.1	(314)	(84)	(398)	198
Net income/(expenditure)				58	1,971	2,029	(355)
Gross transfers between	funds	in year	11.2
Net incoming/(outgoing)	resources			58	1,971	2,029	(355)
Reconciliation offunds
Total funds bought forward				5,985	1,708	7,693	8,048
Total funds carried forward				6,043	3,679	9722	7,693

		Note	Unrestricted Funds f000	Restricted Funds f000	Total Funds 22-23 f000	D Total Funds 21-22 f000
Fixed assets
Investments		8	3,005	1,959	4 964	5364
Total fixed assets			3,005	1,959	4,964	5,364
Current assets
Debtors			275	49	324	170
Cash at bank and	in hand		2,881	1,754	4635	2457
Total current assets			3,156	1,803	4,959	2,627
Liabilities
Creditors: amounts	falling due within one year	10	118	83	201	298
Net current assets			3,038	1,720	4,758	2,329
Total net assets			6043	3679	9722	7693
Funds ofthe Charity
Restricted funds		11.2		3,679	3,679	1,708
Unrestricted funds		11.2	6043		6043	5 995
Total funds ofthe	Charity		6043	3679	9 722	7 693

						22-23 Total	21-22Total
Table 1iStatement ofCash Flow						Funds	Foit de
						6000	6000
Cash flows from operating activities:
Net cash provided by operating activities Cash flows from investing activities:						2,016	(1,888)
Dividends, interest and rents from investments						162	121
Net cash provided by investing activities						162	121
Change in cash and cash equivalents in the reporting		period				2,178	(1,767)
Cash and cash equivalents at the beginning	ofthe reporiing		period			2,457	4,224
Cash and cash equivalents at the end ofthe	reporiing	period				4,635	2,457
						22-23 Total	21-22Total
Table 2i Reconciliation ofnet income/(expenditure)		to net cash flow from operating			activities	Funds	Funds
						f000	8000
Net income/(expenditure) for the reporting Adjustments for:	period	(as per the statement		offinancial	activities)	2,029	(355)
(Gains)/losses on investments						398	(198)
Dividends, interest and rents from investments						(162)	(121)
Investment management fees &income transacted through			the investment	account		2	19
(Increase)/decrease in debtors						(154)	12
Increase/(decrease) in creditors Net cash provided by operating activities						(97) 2,016	(1,245) (1,888)
Table 3:Analysis ofcash and cash equivalents
						f000	f000
Cashin Hand						4,635	2,457
Total cash and cash equivalents						4,635	2,457

			31 March	31 March
			2023	2022
			f000	f000
Income from
Donations and legacies			2,074	1,535
Other trading activities			1	1
Investments			119	72
Total Income			2,194	1„608
Expenditure on
Raising funds			603	536
Charitable activities			1,219	715
Total expenditure (Losses)/gains on investment Net income/(expenditure) Gross transfers between funds		assets in year	1,822 (314) 58	1,251 49 406 ~7
Net incoming/(outgoing)	resources		58	399
Reconciliation offunds
Total funds bought forward			5,985	5,586
Total funds carried forward			6,043	5,985
Unrestricted funds - Balance Sheet

			31 March	31 March
			2023	2022
			f000	f000
Fixed assets:
Investments			3,005	4,206
Total fixed assets			3,005	4,206
Current assets:
Debtors			275	63
Cash at bank and in	hand		2,881	1,912
Total current assets			3,156	1,975
Liabilities:
Creditors falling due	within one year		(118)	(196)
Net current assets			3,038	1,779
Total net assets for unrestricted		funds	6,043	5,985
Total Unrestricted	funds		6,043	5,985

				31 March	31 March
				2023	2022
				FOOO	f000
Income from
Donations and legacies				3,042	1,452
Other trading activities				234	245
Investments				43	49
Total Income				3,319	1,746
Expenditure on
Raising funds				315	229
Charitable activities				949	2,427
Total expenditure				1,264	2,656
(Losses)/gains on investment			assets	(84)	149
Net income/(expenditure)				1,971	(761)
Gross transfers between	funds		in year		7
Net incoming/(outgoing)		resources		1,971	(754)
Reconciliation offunds
Total funds bought forward				1,708	2,462
Total funds carried forward				3,679	1,708
Restricted funds - Balance Sheet
				31 March	31 March
				2023	2022
				6000	5000
Fixed assets:
Investments				1,959	1,158
Total fixed assets				1,959	1,158
Current assets:
Debtors				49	107
Cash at bank and in hand				1,754	545
Total current assets				1,803	652
Liabilities:
Creditors falling due within		one year		(83)	(102)
Net current assets				1,720	550
Total net assets for restricted funds				3,679	1,708
Total restricted funds				3,679	1,708

		Total	Total
Note 5.2 - Income		2022-23	2021-22
		f'000	F'000
Lottery Income		235	246
Total Income from trading	activities	235	246

		Notes to	the Accounts
Note 5.3 - Donations		and Legacies	Income	Total
			6'000k	6'000k
Legacies
Specific legacy			352
Specific legacy			250
Specific legacy			170
			100
Other legacies			217
				1,089
Donations
Charitable Foundation			1,500
Charitable Foundation			1,027
NHS Charities Together Grant Stage 2			245
Charitable Foundation			60
Private donation			50
Other donations	and	fundraising	1,145
				4,027
Total Donations	and	Legacies		5,116

					Unrestricted	Restricted	Total	Total
					Funds	funds	2022-23	2021-22
					6'000	6'000	6'000	f.'000
Fundraising team salaries					379	141	520	461
Lottery	prizes				0	107	107	111
Appeals	and events	expenditure			140	38	178	95
Printing,	Postage, Stationery			and Marketing	26	10	36	54
System	costs including		online	giving	12	2	14	12
Other miscellaneous		costs			33	12	45	12
Investment Manager's			Fees		13	5	18	20
Total expenditure		on	raising funds		603	315	918	765

			Grant Funded	Support	Total	Total
			Activity	Costs	2022-23	2021-22
			F'000	F.'000	E'000	F'000
Patient welfare and	amenities		528	48	576	551
Staff welfare and amenities			197	18	215	204
Research			106	9	115	203
Capital contributions			1,157	105	1,262	2,184
Total expenditure	on charitable	activities	1,988	180	2,168	3,142

Note 7 - Financial Instruments	Note 7 - Financial Instruments	Note 7 - Financial Instruments	Note 7 - Financial Instruments	Note 7 - Financial Instruments
The Charity has financial assets and financial					liabilities		in the following categories:
							31	March	31 March
							2023		2022
							f'000		f'000
Financial	Assets
Financial	assets measured	at fair value through				income	and expenditure:
	Cash at Bank and		in hand					4,635	2,456
Debt instruments measured			at amortised	cost:
	Trade debtors							31	59
	Other debtors							18	37
	Total							49	96
Financial	Liabilities
Financial	Liabilities measured		at amortised	cost:
	Trade payables							90	235
	Other creditors								63
	Total							201	298

Note 8.1 - Movement in fixed asset	investments	2022-23	2021-22
		f'000	f'000
Market value at 1 April 2022		5,364	5,185
Add: additions to investment at cost		959	655
Less: disposals at carrying value Add: realised gain on disposal * Add: Unrealised gain on revaluation	*	(961) (61) (337)	(674) 82 116
Ilarket value as at 31 Ilarch 2023 *Total Losses for 2022-23 -f398k(2021-22 -F198kgains)		4,964	5,364

			Notes to th	e Accounts
Note 8.2 - Analysis of investment			portfolio
				Held	Held	2022-23	2021-22
				in UK	outside UK	Total	Total
				F'000	6'000	6'000	6'000
Investments listed	in unit trusts			2,245	2,670	4,915	5,248
Cash held as part	of investment	portfolio		49		49	116
Nlarket Value as	at 31 March	2023		2,294	2,670	4,964	5,364
Note 8.3- Analysis ofgross income from investments
				Unrestricted	Restricted	2022-23	2021-22
				Funds	Funds	Total	Total
				6'000	F'000	6'000	6'000
Income from investment manager's			portfolio	107	39	146	121
Other investments				12		16
Total investment	income			119	43	162	121

							%of
					Value as at	Value as at	portfolio as
					31stMarch	31stINarch	at31st
					2023	2023	March 2023
					6'000	F.'000
Equities
UK equifies
BPOrd USD0.25					84		17%
Royal Dutch Shell '8'Ord Euro 07					61		1.2%
Croda Intl Ord GBP0.10609756					54		1.1%
Rio Tinto Ord GBP0.10					78		1.6%
Howdens Joinery GR Ord GBPD 10					51		1.0%
Uniiever Pic Ord GBPD.D31111					74		1.5%
Haleon PLC					54		1.1%
Relx PLC GBP0.1444					92		1.8%
ComPass Group Ord GBP0.1105					69		1.4%
National Grid Ord GBP0.12431289					88		1 8%
Admiral GrouP Ord GBP0.001					55		1 1%
Legal 6 General GP Ord GBP0.025					65		1.3%
Link Fund Sol Ltd Gresham HS UK	Mul Cap F Inc				56		1.1%
International equities
Bagie Gifford American 8 Nav Acc					146		2 9%
JPMorgan Funds Lrt US Equity Inc					't10		2.2%
Vanguard Inv UK LT US Equity IDX					567		11.4%
BNY Mellon GLBFDS US Equitey Income EGBP				DIS	115		2.3%
Fidehty UCITS ICA US Qual inc UCITS ETFGBP					103		2.1%
Kone OYJ Sefb'npv					49		1 0%
Schroder Inv Fund - Schroder European		Recovery		L DIS	48		1.0%
Alcon AG CHF0.04					54		1.1%
Blackrock FM Ltd European Dynamic					39		0.8%
Premier Porffolio PM European Opps 8 Acc					42		0.8%
Bailie Gifford Japanese					6D		1.2%
Man Int ICVC Man GLG JPN Corealpha Profsnl			D	DIS	53		1.1%
Hermes Invest Mngm Asia Ex-Japan EQTY F					154		3.1%
MSIM Fund Mgmt Asia Opportunity	J USD Acc				91		1.8%
Blackrock FM Ltd BFM Emerging Markets					37		0.7%
Total Equities						2,549	51.3%
Bonds
UKBonds
UK(GOVT OF) 4.5% Gift 07I09I2D34					52		1.0%
UK(GOVT OF) 5%SNR 07/03/2025					98		2.0%
Man Fixed Interest ICVC Man GLG Sterling Corp					176		3.5%
International Bonds
Henderson Investment Janus Hend					117		2.4%
Jupiter UT Managers Strategic Bond					224		4.5%
Newton Global DYNM					227		4.6%
Xtrackers 0					202		4.1%
Maitland INSTL SVC Ml Select Mngers Bond INSTL					74		1.5%
Vanguard Invs SRS US Govt Bond IDXGBP DIS					49		1.0%
Total Bonds						1,219	24.6%
Property
Charities Prop FD Property fund Income					65		1.3%
ABRDN European Log European Logistics Income					53		1.1%
Schroder Unit TSTGBLCities Real	Est L	Dis			42		0.9%
London Metric PROP ORD GBP0.10					37		0.7%
Total Property						197	4.0%
Other
Franklin Tmpltn F2 FTF Clrbndge GBL Infra Inc					107		22%
JPMorgan AM UK Ltd Gbl Macro Opps C		Net Inc			112		2.3%
Link fund Sol Ltd Capita Trolan X Dis					252		5.1%
Ninety One FD Mgrs Diversified Income					122		2.5%
Blackrock (Lux) SA UK Emg Cos Abs Rtn		s"GBP			178		3.6%
J PMorg an Liquidity GP B					73
Int Public Partner ord GBP0.0001					70		14%
Sequoia Economic I NPV					37		0.8%
Total Other						950	19.1%
Cash
Total cash						49	1.0%
Total investments						4,964	100%

Note 9 - Analysis o	fdeb	tors
					2022-23	2021-22
					E'000	E'000
Amounts falling due	within one		year.
Accrued income					275	74
Debtors —recharges	due	from UHL NHS Trust			31	59
Other debtors					18	37
Total debtors					324	170
Note 10 - Analysis	ofcreditors
					2022-23	2020-21
Amounts falling due	within	one year:			E"000	E000
Creditors —recharges	due	to UHL NHS		Trust	90	235
Other creditors					111	63
Total creditors					201	298
Note 11.1 - Endowment		funds
The Charity held no	endowment		funds	during the year 2022-23 (2021-22 —Nil).

Note 11.3 - Details	ofmaterial	in 11.2
Name offund		Description, nature and purpose offund
Childrens' Appeal		To support the development ofthe Childrens' Hospital.
Neonatal Equipment	Appeal	Tofund equipment for the Neonatal department.
NHS Stage 2		To receive and distribute the NHS Stage 2 community	grants.
Samworth Surgical Robot		To fund a surgical robot,
Spiritual Care space Staff lottery		To support the development ofthe Spiritual Care space. Provision ofa lottery with the surplus used for the benefit ofstaff.