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2024-03-31-accounts

Trust name: North Tees and Hartlepool NHS Foundatlon Trust General Charltable Fund Annual R8POrt and A¢counts for the year ended 31 March 2024 Charity Registration Number.. 1057682 The annual accounts were approved by the Board of Oireclors on 27 NDvFm￿ffI 2C)E and slgned on Ils behalf by., Oerek Bell, Jolnt Chalmian Neil Alklnson, Managlng Dlreclor

Trustee's Annual Report The North Tees and Hartlepool NHS Foundation Trust General Charitable Fund, registered Charity Number 1057682, was entered on the Central Register of Charities on 1st May 1996. The Charity was established to administer charitable funds received from donations and bequests. Charitable Funds received by the Charity are accepted and adminislered as funds and property held on trust for purposes relating to the health service in accordance with the National Health SeNice Act 1977 and the National Health Service and Community Care Act 1990 and these funds are held on trust by the corporate body. The Charitable Fund is registered with the Charity Commission (Charity Number 1057682) in accordance with the Charities Act 2011. The Charity ha$ a Corporate Trustee, the North Tees and Hartlepool NHS Foundation Trust, with the members of the Board of Directors responsible for ils governance as per the law applicable to Trusts, principally the Trustee Act 2000 and the Charities Act 2011. Members of the Board of Directors are not individual Trustees under Charity Law but act 8s agents on behalf of the Corporate Trustee. The members of the 8oard who served as agents for the Corporate Trustee durlng the financial year were correctly disclosed as follows.. Derek Bell Anandapuram Deepak Dwarakanath Joint Chairman Chief Medical Offlcer10 5th September 2023 IDeputy Chief Executive to 30th September 2023 Interim Chief Medical Officer from 5th September 2023 Managing Dlrector from 1st April 2023 Chief Operating Officer to 30th April 2023 Vice Chalr from 1 April 2023 Chief NurselDireclor of Patient Safety and Quality Dlrector of Planning & Performance Non-execullve Director Chief Information & Technology Officer from 30th May 202210 30th June 2023 Chlef Information & Technology Officer from 30th October 2023 Chief People OfficerlDireclor of Corporate Affairs Non-executive Director Chair of NTH Solutions LLP and Optimus Limited Company {Non-Executive Director) Non-executive Director from 1st February 2023 to 31st July Non-executive Director Non-executive Director from 1 st Febru8ry 2023 Acting Director of Finance from 1st June 2023 Acting Chief Operatlng Officer from 24th April 2023 Director of Transformation from 1 Oth July 2023 Director of Strategy, Assurance & Compliance from 10th July 2023 Julie Gillon Chief Executive to 30th September 2023 Stacey Hunter Group Chief Executive from 1st February 2024 The Executive Directors and Non-execulive Directors of the Foundation Trust Board are the Trustee of the Charily. The Executive Directors are appointed by the Non-executive Directors and the Governors appoint the Non-executive Directors. Elaine Gouk Neil Atkinson Levi Buckley Ann Baxter Lindsey Robertson Llnda Hunter Christopher Macklin Gillian Colquhoun Ken Anderson Susy Cook Fay Scullion lan Simpson James Bromlley Allison Fellows Elizabeth Barnes Kate Hudson-Halliday Rowena Dean Michael Houghton Stuart Irvine Page 1

Trustee's Annual Report {continued) This Annual Report has been prepared by the Corporate Trustee. Acting for the Corporate Trustee, North Tees and Hartlepool NHS Foundation Trust General Charitable Fund Board has, under the Trust's Scheme of Delegation, appointed Kate Hudson- H811iday the Director of Finance lo be Ihe officer responsible for implementing suitable procedures, to ensure that the relevant legislation and directives are implemented and that the expenditure from Charitable Funds is approprlate for the purpose. How to contact us Prlnclpal Offlce The principal office for the Charity is,. Kate Hudson-Halliday Director of Finance North Tees and Hartlepool NHS Foundation Trust Unlversity Hospital of North Tees Hardwick Road Stockton on Tees TS19 8PE Tel Sharon Pounder 01642 624274 For fundraising queries please contact.. Fundraising Co-ordinator North Tees and Hartlepool NHS Foundallon Trust University Hospital of North Tees Hardwick Road Stockton on Tees TS19 8PE Tel Suzi Campbell 01642 383571 The professional advlsers of the Corporate Trustee are: Bankers Inve8tment Manager CCLA for Charities Senator House 85 Queen Victoria Street London EC4V 4ET L•gal Advlsors DAC Beachcroft LLP 36 Gallowgate Newcastle Upon Tyne NE14TD Lloyds Bank 27 High Street Stockton on Tees TS18 1SG Internal Audltors External Audltors Audit One 8izhub Belasis Hall Technology Park Coxwold Way Billingham Stockton on Tees TS23 4EA Deloitte LLP One Trinity Gardens Broad Chare Newcastle Upon Tyne NE12HF Page 2

Trustee's Annual Report (contlnued) The aim of the Charity is to improve patient care for the local population served by the Foundation Trust,. Provide additional resources to fund over and above those that are nomially funded by the NHS Foundation Trust,. Purchase equipment, improve facilities in which patients are treated & fund staff training to enhance modern techniques in Iheir specialty. Structure, Governance and Management The Deeds of the Charity outlining ils slructure are held by Kate Hudson-Halliday the Director of Finance of North Tees & Hartlepool NHS Foundation Trusv the Corporate Trustee. The Charity was formed by direction of the Charity Commission by virtue of the provisions of Section 96 of the Charities Act 2011. In 1999 two charities, the North Tees Health NHS Trust Charitable Fund and the Hartlepool and East Durham NHS Trust Charitable Fund, merged to form the North Tees and Hartlepool NHS Foundallon Trust General Charitable Fund. A Charitable Funds Committee was est8blished in 2009. The membership comprises the Chairman, Chief Executive, Director of Finance and two Non-executive Direclors. The Committee meets twice a year. The recrultment process for appointing the members of the Board who serve as agents for the Corporate Trustee follows Trust procedures. The Ch8rily unrestricled fund was establlshed uslng the model declaration of trust and all funds held as at the date of registration were either part of this unrestricted fund or reglstered as separate restricted funds under the main Charlty. The Corporate Trustee fulfils ils legal duty by ensuring that funds are Spent in accordance with the objectives of each fund by designating funds, the Corporate Trustee respects the wishes of the donor, to benefit patient care and improve the health and welfare of patients and staff. The Charitabl& Funds avallable for spending are allocated to speclalitles wlthln the NHS Foundation Trust's management Structure according to the donor's wishes. Each fund is man8ged by member(sl of stsff (the Fund Manager) and overseen by the General Manager of the Speclalily. Where funds have been received which have specific restriclions set by the donor, a restricted fund Is established. At 31 March 2024 there were 62 (2023.. 62) such funds. The Charity has one unrestricted fund, the Gener81 Purposes Fund. The Corporate Trustee of the North Tees and Hartlepool NHS Foundation Trust General Charitable Fund delegates responsibility for the operational running of the Charitable Funds to Kate Hudson- Halliday the Director of Finance who is required to.. Maintain such accounts and records, as necessary, to record and protect all funds in trust., Control, manage and monitor the use of the fund resources., Provide support and advice for all of its income raising actlvilies., Ensure that best practice is followed in the conduct of its affairs fulfilling all of its legal responsibilities; Ensure that the approved investment policy is adhered to and that performance is continually reviewed., and Keep the Board of Directors fully informed on the performance, activity and risks of the Charity. Page 3

Trustee's Annual Report (continued) The training needs of the members of the Board who seNe as agents for the Corporate Trustee are assessed on an ongoing basis and all training complies with the policies of the Foundation Trust. The accounting records and day to day administration of the funds are dealt with by the Finance Department of Ihe North Tees and Hartlepool NHS Foundalion Trust, located at the University Hospital of North Tees, Hardwick, Stockton on Tees. The Charitable fund h89 NHS Foundation Trust wide oblectives as follows.. The Corporate Trustee shall hold the Charitable Fund upon trust lo apply the income, and al its, or its agent's discretion, so far as may be permissible, the capital, for any charitable purpose or purposes relating to the National Health Service. The Charity will continue io further improve the provision of high quality pallent care throughout the Trust focusing on areas not covered or fully supported by central NHS Foundation Trust funds. The future plans for the Charity are dependent on the future direction of the NHS and the strategic plan of the Trust. Rlsk Management The major risks to which the Charity is exposed have been identified and systems pul in place to mitigate them. The major external rlsk 10 whlch the Charity is exposed is a sudden f811 in the value of the investment portfolio. However, the Corporate Trustee invests over the longer term lo ensure that the greatest returns are achi8ved. History has shown that over any 10 year period in the last century, investment in wide range of equity based Investments will add greater value when compared lo a flxed interest based portfolio. The Corporate Trustee has re-appointed professional fund managers, CCLA for Charltles, to manage the Charity Investments from 1st April 2023. There are procedures in place lo review the investment policy and monltor its performance. To mitigate exposure to risk in this area, the Charity's Investment Managers, CCLA for Charities, have adopted an investment policy that spreads the risk over 8 wide range of investments. The Charity IS 8udited by the North Tees and Hartlepool NHS Foundation Trust's internal auditors, Audit One who review and test systems, and the Trust's external independent auditors, Deloitte LLP, who independently audlt the Ch8rity's Annual Financlal Slalements and Report. Page 4

Tru8ts0'B Annual Report Icontlnuodl Annual Ravlow Durtng the year, Ihe Charflable Fund conllnued lo support a wide range ol charllable and heallh ￿l81ed actI￿lIeS benefillng both pallenls and staff. In general, they are used lo provlde goods and Ser￿CeS lo lrnprove patient care and staff welfare that Ihe NHS Found8llon Trvsl Is vnable lo provide. Ward lunds recelve rnany donallon5 from gralelul pallenls and Ihelr f8mllles and Ihls enables waids lo Improve the envlronmenl whl¢h pallenls 818 Ire8ted. These donallons enable all types of staff lo attend courses and conferences whlch ar& not abl& lo be lundeL1 by the NHS Foundallon Trust, and wlll updale them on new Ideas and rnodern lechnlque5 In Ihelr speclallty. Many dongllons arts spedllcally 9Sven lo thank the staff cn the wards and these are used lor charflable actlvlll88 that wlll benefll st8ff. The NHS Foundallon Trust's Gener81 Purpose Fund recelve8 donalbons that can b8 used for any charSlable purpoBe relallng lo the NHS. Nell Alklns¢n the Managlng Olreclor of Ihè North Tees and Hartlepool NHS Foundallon Trust h85 Ihe oulhority lo approve 8nd 8UPPOrf appllcallons lor lundlng from areas wllhln the NHS Foundallon Trust whlch do not have sufflclanl resll¢ted ward lunds themselve8 on condlllon Ihoy rnegl lh& oblecllves and fundlng ellglblllty crllerta ol the Charlty. De8plle the cost of lI￿n9 cN818 and donors havlng less dSsposable Income th• locol cornmvnlly nave bean extremely generous wllh fvndralslng loi pgllenls and sl8ff. The klndne88 h88 helped kgep our hor¢Jworklng 81aff mollv8led, knowlng IhBI Ihelr efforts were belng recopn188d and valued. In ApiS12020 North Tees & Hartlepool NHS Foundation Tiu&l Gener81 Chartlable Fund reglsleied lo become 8 member of NHS Charilles Togèlhèr. They offer g wlde range of 8UPPOrt. ne￿orkIng bnd Inlormgllon servlces as well as adcpllng best procllce Ircm across the 8eclor. North Tees & H8rtl#pool NHS Foundallon Trust General Ch8rllable Fund8 ware 8w8rd8d £121,000 a sl8ge 3 Recovery from NHS Ch8rt11gB Togelher lo support a breakout area for sl8ff. £96,800 was recalved In March 2022123 wllh A Ilmescale of 2 years lo lully complelè the prolecl.The rernalnlng £24,200 WIIS be rttcelv•d In 2024125 half way Ihrough Ihg project, onc8 the prolecl comrnences In July 2024. Durlng 2023124 North Te88 & Hartlèpool NHS Foundallon Trust Gener81 Ch8r118bl• Funds were aw8rd8d 8 Dtsvelopmeni Grant 01 £30.000 from NHS Charllles ToGelher to 8UPPOrt 3 areas l. By318ms- CRM sy3lem purchase., 2. Operallons. Spe¢lall$l support lo revlew ch8￿ty sy8lems and processes., 3. Fundr8Sslng - SpeclallBt 5UPPOrt lo en¢oui8ge lundral8lng growth. The Ch8dly were succ85slully awarded a grant 01 £149.700 Irorn the Greener Communllles lund. rn8n8ued by NHS Charlles Together In p8rlnershlp wllh SlarbuckB and Hubbub. The Charlty h88 recelved 90% of Ihe granl £134.730 durlng 2023124 and Ih15 has been used lo cr881ed a Kaledoslroke Iherapy g8rd¢n lo be ysed lor stroke and therapy pallenls rehabllllallon. Ttte flnal In51almenl £14,970 wlll be redev8d In 2024125 when Ihe garden 15 opened and Ihe flnol report Is compl&led, The Ilngl In$lalm•nl ol the grant wlll be used lo enhonc• Ihvt garden fumlghlng8. Grant Maklng Pollcy The Corporate Tru8le8 Grant Maklng Pollcy alms lo supportlhe ChBrtly by enhanclng pallenl care and staff Flrslly the General Purpose8 Fund Is Consliluled ol gifts received by th8 Charity whern no particular pffjference as lo ils expandilure has been expressed by donors. The General Fund Bid Approval Group was e8lBbllshed lo allocate the funds from unrestrtcted general purpose North Tees & Hartlepool Togather fund by a bld appllcalion process. The General Fund Bid Approval Group consis1$ of a minlrnum of four fepresenlalives of stsff from Ilnance, fundraising. cornmunicalions and marketing, staff health and wellbelng and a Non-Execuliv8 Director. The group has additional rep￿sentatIVeS liom other areas of the organisalion lo ensur8 8qUitability. The bids are 88sessed and scored and musl meet the Charilable funding priorities. Tha General fund bid approval group assess and score all of the bids, grants uplo £5,000 are approved by the Patient welfare that enhances Ihoir experience Medical equipment Inot ￿plaCementI to ensure th81 patients have acces8 lo the latest technology and staff hav6 additional equipment needed lo improve patient axperience Improving the patient environment by developing and delivering hlgh quality interior design projects in special need and sensitivity areas Supporting stalf education through professional development and access lo training not normally funded through standard streams Investing in proje¢ts that support staff mental health and wellbeing The bid approval group also assess, score and allo¢ate grants bids for the restricted staff lottery fund up lo £5000. Page 5

Trustee's Annual Report {contlnuedl Grant Maklng Pollcy (contlnuBd) Secondly. restricted funds reflect the wishes of the donor. These are managed by fund holders who are aulhorlsed lo spend the money wthin their designated area. These funds can be spent al any time. Grants are made lo both institutions and individua15. Details of the main types of grants are Shown on page 6. The nel assets ol the Charity as at 31 March 2024 are £3,270,000 (2023.. £2,887.00) an increase over the year of £383.000, comprised of an In year operating gain of £252,00012023'. £325.000) and by an unrealised galn of £131,000, resulting from an Increase In the market value ol nveslmenls, compared to a decrease12023'. £55,000) Income The Chanty relies on donations, legacies and Investment Income as the main source of Income. Total incoming resources were £807,000 {2022123.' £703,000), an increase from the previous year. Voluntary Income Is the large81 source of Income, and is received via donations from grateful patients, relatives and members of the publ1¢ as detailed below. Glfts from the publlc, ranglng from a small amount deposlled In a collectlon box to several hundred pounds donated from grateful patients and relaliv6S', Fundralslng Income generated by donors from varlcus sponsored events In appreclallon of care received or in memory of a loved on8', Legacies, bequests and gSfts as part of 8 ben6ficlary In a ￿1[,. and Grants from externsl organisatSons lo fund projects and item5 01 equlpmenl. The Trust ¢ontinued to promote ltte staff lottery durlng 2023124, a total of £46,000 of Income was generated (2022123. £43.0001, £31.000 was paid out In prlze wnnings and £1,000 for staff lottery System admlnlstration 8nd operallon81 c051s. The remalnder ol the income generated £14.000 wll be used lo support staff health and wellbeing. Expendlture (Grants Made) During the year dlrect charitable expendllure was £467,00012022123.' £288,000). The increase In expenditure in 2023124 is due lo the intrcduclion of a General Fund Bid Approval Group lo help allocate the funds from the unresldcled gener81 purpose North Tees & Hartlepool Together fund by a bld appllcation process. This has proved lo be be a successful, fair process to allocate unrestricted fund grants. A full breakdo%￿ of expendllure by category Is shown In note 8 & note 10 of the accounts, Malor Indlvldual purchases of medlcal equipmenl made during the year are sel out below Ex endlt £00 Laproscopic & Robotic Surgery Ultrasound Probe- To enhance the care of patients wlh gallstone disease Sara Sleedy x 8 - used to assist patients with reduced mobility to standing position Virtual reality therapy kit and software - Sensltive stimulation for Palliative Care patients Clearway Cough Assist used to assist wth removal of alrway secrealions- Critical Care Patient transfer Scales used to transfer & weigh patients- Elective Care Venue fil R4 Probe and Sland - ultrasound system used in Haematology Other medical equipment 86 18 128 Page 6

Trustee's Annual Report (contlnued) The Charity has contributed £168,000 (2022123.. £41,000) to improve patient welfare, experience and environment at North Tees and Hartlepool NHS Foundation Trust. The major improvements and purchases during the year are shown below.. endlture £000 Kaiedostroke Iherapy garden- Stroke and Therapy patients 7 X Think pads 13x yoga G3 - Breast Unit Other patient welfare 134 27 168 The Charity has received 90 /0 of the Greener Communities fund Grant managed by NHS Charities Together in partnership with Starbucks and Hubbub of £134,730, during 2023124 and this has been used to create a Kaiedostroke therapy garden to be used for Stroke and Therapy patients rehabililatlon. The Charity has contributed £5,000 (2022123: £15,000) to refurbishments 8nd IT equipment purchases in North Tees and Hartlepool NHS Foundation Trust. The Charlty has spent £76,000 (2022123.. £97,000) on staff welfare, representing a significant contribution to 81aff training and development to provide high quality health care within the Foundation Trust. dl ure £000 Staff tralnlng Kllchen and break out area reburbishment ward 41142 other 81aff welfare 47 14 76 Expendlture from Ralslng Fund8 During 2023124 North Tees & Hartlepool NHS Foundatlon Trust promoted the staff lottery scheme. The generated charitable funds income will support staff health and wellbeing. The Corporate Trustee supported funding during 2023124 for a dedlcated Fundraising Co-ordlnator post, to promote consistent campaigns and proactive fundraising projects on a regular basis. Ex endlture £000 Staff lottery winnings pald Staff lottery adminislralion costs Fundraising events costs Fundraising salary recharge costs 31 47 88 Page 7

Trustee's Annual Report Iconllnuodl Plans For The Futura The NHS15 an ever ch8nglng environment and Ihe lulure dlrecwon ol the Charlty S￿11 be shaped by these changes. The pNoNlles for spendlng charilatsle lunds Is delermlned primarily by Ihe lund holdefs, who 8re managers In Ihe ser￿ce. Delegallng the responslblllty of expendlng ch8rf18ble funds lo Ihls level. ensures that those able lo m8ke the decislons are best placed lo know the exact needs ol Ihe seNlce. The Generbl Fund Bid Approval Group Wll conllnue lo support Ihe allocallon ol lund8 from the unreslrlcled general purpose North Tee8 & Hartlepool Togelher fund by 8 bld appll¢pllcn process to guccesslul prolects. CorpoMt8 Tru8teo Stalomènt The Gorporale Tru8lee confim)5 thal11 has relarrett lo the guldance ¢onlolned In Ihe Ch8rtty Ccmrnlsslcn 8 gereral guldance on publlc benefil when revle￿n9 the Charlty's alms and obleellves and In pl8nnlng lulure act1￿lIeS and selllng grant makbng pollcy for the year. 11 Is Ihe oplnlon ol the Corporale Trustee th8111 cathed out these oblecllves by.. Pallenl$' Well8re . purch88e cl small pleces ol equlpmenl and enhancement ol servl¢e$ and l•cllllles over and 8bove Ihal normally pro￿delI by Ihe NHS., Slafl Welfare. enhancement ol Slall laclllll•8 8nd by pro￿dI￿ll educallon over and above that vthlch would normally be provlded by thè NHS., and Cap1181 Equlpmenl. purchase ol equlpmenl In addlllon lo, or on enhancement ol, th81 ¥thl¢h would be normally prO￿a•d by Ihe NHS. Thank You The Corpor8le Truslee woul¢J Ilk8 lo express 118 Slncere and heartlell Ih8nk8 lo all the Indlvldu815 and organ158llons have maije charllable don8llon8 10 Ihe Chartly. Thè sUPPOrt and asslslance ol tha publbc, pallen15, volunteers, Iccal buslnesses and ¢ommunlly 8880clallons18 much appreclaled 8nd helps In prO￿dIng Ihe best p08slbl8 8e￿ICe lo lh8 benelll ol everyone tho 58 ¢Bred lor In our hospllal8. The generoslly and klndne88 01 the local comrnunlly has been OVe￿e1M1nll, the donallons and 91ft8 have made such 8 meanlnglul dlHerenc8 lo our dedlcaled B18ff, vtho ghow Incredlble commllmenl. Tho R4••￿e8 Pollcy Re3eNes are Ihgt p8rt ol the Charlty'$ unieylrlclod lund8 ￿lch are Ireely Bvallable Io 8p•nd on any ol th8 Ch8rSlYB purposes. The value 8$ al 31 March 2024 w88 £1,343,000. Thls donnlllon excludes ieslrl¢ted In¢omo funds Bnd endowment lund8. Thfj Corporate Trustee reque$ls Ihjl th8 C88h b8lance 81 any onvt 1Sme should not fall below £100,000. Thtt Charfly h88 the laclllty lo ￿th(IraW lunds 8$ ¥n¢J %knen requlred Irom CCLA lor CharSlles, lo enable the Ch8rlty'$ 81ms lo be prolecled In the event ol expendlluTe exceedlng Income In a glven yeai. By pro￿dIng 8 buller. Ihe Corporale Trustee has Ihe oblllty lo reduc8 (J15crellonary gran18 8nd Implement plon5 lo Increase lun(Jr8lslng vllhoul Impacllng dlsproportlcn8lely In the short term. The reserve pollcy 1$ re￿￿¥￿d annually, laklng Into accounl h151orlc re8uII8 and lulure expe¢t8llons ol Income leve15 and Inllallon. Page 8

Trustee's Annual Report (continued) Investments The Corporate Trustee invests the charitable funds in line with its investment policy with a view lo obtaining a return higher than through cash deposits. The investment policy is reviewed on an ongoing basis by the Corporate Trustee. The portfolio was managed by CCLA for Charities and comprised investments in a global charity multi- asset fund and cash. Funds 8re invested ethically in relation to 8chieving carbon neutral targels. There is no investment in companies involved in tobacco products. The performance of the investments is monitored by the finance department of the North Tees and Hartlepool NHS Foundation Trust and reported to the Director of Finance. Summary of Investments at 31 March 2024 Funds managed by CCLA for Charitie8 are as follows,. Equltles COIF Charities Investment Fund Total £000 100 100 The market value of the portfollo of investments as at 31 March 2024 showed an increase In v81ue of £131,000 {compared to a decrease of.. £55,000 at 31 March 2023). Th18 is disclosed as an unreallsed gainlloss in the Statement of Financlal Activities. The investment objective of the fund is real long-term growth in capital values and a reliable income dlstrlbulion within a clear risk control framework. There Is a bias towards real assets, predominantly global equities but also property and infraslructure. Individual stocks are selected on businesses, fundamental chafacterislics Sncluding environmental, social and governance risks. Apportlonment of Investment Income Dlvidend income from Investments has been apportioned on a pro-rata basis to funds with an 8verage balance of £2,500 and above as at 31 March 2024 (2023". £2,500). Golng Concarn The Charity's activities, together with the factors likely to affect its future development, perfomiance and position are set out on pages 1-10. The Charity has significant financial resources and due to ils long standing policy of only funding one-off in-year applications to the fund, has no future commitments to discharge. The return on invesiments, donations and legacies have increased over the previous year. The expenditure of the Charity is discretional and the Corporate Trustee will ensure expenditure is affordable to maintain financial sustainability. After making enquiries. the Corporate Trustee expects that the Charity has adequate resources to continue in operational existence for at least 12 month5 from the date of signing. For this reason, they continue to adopt the going concern basis in preparing the Annual Report and Financial Statements. Page 9

Statement of Trustee's responslbllltles The Trustee is responslble for preparlng the Trustee's Annual Report and tha Flnanclal Statements in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practic&), including FRS 102 'Th8 Flnancial Reporting Standards applicable in the UK and Republlc of Ireland.. The law appllcable to charllles In England and Wales requlres the Trustee to prepare flnanclal statements for each financlal year whlch glve a true and falr vlew of the state of affalrs of the Charlty and of the Incomlng resources and appllcatlon of resources of the Charlty for that perlod. In preparlng these fin8ncl818tatemenls, the Trustee Is requlred to: select suitable accounllng pollcles and then apply them conslstently, observe the methods and principles In the Charities SORP,. make judgments and estlmates that are reasonable and prudenl; slate whother applicable accountlng standards have been followed, subject to any materlal departures dlsclosed and explained In the financlal statements; and prepare the finanGlal statements on the golng concern basls, unless It Is Inapproprlate to presume that The Trustee Is responslble for keeplng proper accountlng records that dlsclose wlth reasonable accuracy at any Ilme, the flnanclal position of the Charlty and enable It to ensure that the financial statements comply wlth the Charlt18s Act 2011, tha Charity {Accounts and Reports) Regulallons (2008) and the provlslons of the Trust deed. They are also responslble for saf8guardlng the assets of th8 Char5ty and hance for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularlll8S. The Trustee Is responslble for the malnlenanc8 and Integrlty of the Charlty and flnanclal Informatlon Included on the Charily's website. Leglslallon In the Unlted Klngdom, governlng the preparallon and dlss8mln8tlon of flnanclal stalemenls may dlffer from leglslatlon In other lurlsdlcllons. Slgned on behalf of the Corporate Trustee: Jolnt Chalrman......... Date 27 NobFfflSDfL 20-2(* Managing Dlrector.. Date li aoL(4 Page 10

Independent auditor’s report to the trustee of North Tees and Hartlepool NHS Foundation Trust General Charitable Fund

Report on the audit of the financial statements

Opinion

In our opinion the financial statements of North Tees and Hartlepool NHS Foundation Trust General Charitable Fund (the ‘charity’):

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report.

We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the Financial Reporting Council’s (the ‘FRC’s’) Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee’s use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustee with respect to going concern are described in the relevant sections of this report.

Page 11

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustee is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Responsibilities of trustees

As explained more fully in the trustee’s responsibilities statement, the trustee is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustee is responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustee either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 149 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

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We considered the nature of the charity’s industry and its control environment, and reviewed the charity’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired of management and the trustee about their own identification and assessment of the risks of irregularities, including those that are specific to the charity’s business sector.

We obtained an understanding of the legal and regulatory framework that the charity operates in, and identified the key laws and regulations that:

We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.

As a result of performing the above, we identified the greatest potential for fraud in the following area, and our procedures performed to address it are described below:

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.

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Report on other legal and regulatory requirements

Matters on which we are required to report by exception

Under the Charities (Accounts and Reports) Regulations 2008 we are required to report in respect of the following matters if, in our opinion:

We have nothing to report in respect of these matters.

Use of our report

This report is made solely to the charity’s trustee, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustee those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustee as a body, for our audit work, for this report, or for the opinions we have formed.

Deloitte LLP Statutory Auditor Newcastle Upon Tyne, United Kingdom 28 November 2024

Deloitte LLP is eligible for appointment as auditor for the charity by virtue of its eligibility for appointment as audit of a company under section 1212 of the Companies Act 2006.

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statemont of Flnanclal Actlvltle8 forlhe year ended 31 March 2024 Total Funds Unrestricted Restricted 2023124 Funds Funds £000 £000 £000 Totsl Funds 202Z123 £000 Note Unrestricted Restricted Funds Funds £000 '£ooo Income and endowments Irom ". Donations Legacles Charitable activities Other trading activities- fundraisina 8venls- staff lottery Other incoming resource5 Investment Income Total In¢omlng reBources 487 122 37 24 46 809 37 24 62 458 110 588 31 43 31 48 16 21 22 272 22 53 807 15 41 703 13,3 31 535 23 492 18 211 Expendlture on.. Raising funds Charitable activitles.. Research posts and cllnical care Purchase of equipment Refurblshmenl costs Staff educallon and welfare Patient welfare Governance costs Totsl gxpendlture 53 35 88 eo 30 90 49 37 37 91 37 128 57 14 77 25 18 258 57 15 97 41 41 378 12 142 24 323 78 20 16 23 120 28 17 232 10 41 655 Nel g81nl{10ssl on Investments 13.1 Net income before transfers 77 289 54 94 131 131 ￿ (241 383 341 171) 55 270 Transfers be￿en funds 18 195) 95 Nel movement In funds 18 289 383 246 24 270 Fund balances brought foMrd at 1 Aprll 2023 Fund balances carrled forward a131 March 2024 1,638 1,249 2,887 1,392 1.225 2,617 1,927 1,343 3,270 1,638 1,249 2,887 All gains and losses recognised In the year are in¢lud8d in the above statement. All amounts relate lo continulng operatlons. The notes al pages 18 to 29 form part of these financlal stalemenls. Page 15

Balance Sheet as at 31 March 2024 Note Unrestrtcled Restrlcted Total at 31 Unrestrlcled Restrlcted Total at 31 Funds Funds March 2024 Funds Funds Mar¢h 2023 £000 £000 £000 £000 £000 £000 Flxed Assats Investments 13 772 773 1,545 1,545 695 719 1,414 1,414 Total fixed assets 772 773 695 719 Curront A880ts Stocks Dabtors and accrued Incom8 14 15 11 Cash and cash equlvalents Totsl current asset3 1291 584 1.875 1,890 988 589 1,555 1,566 1,300 590 966 600 Currnnt Ilabllltl•i Credllors: amounts falllng du& wllhln one year 15 145 20 185 23 70 93 Not Current aJ8ot• 1.155 570 1,725 943 530 1,473 Total a880t81098 curront 1,927 1,343 3,270 1,638 1,249 2,887 Not AJset• 1,927 1,343 3,270 1,638 1,249 2,887 Tho fund8 of tha Charlty Restrlcled Income funds 1,343 1,343 1.927 1,249 1,249 1.638 Unreslrlcted Income funds 1.927 1,638 Total Charlty Fund8 19 1,927 1,343 3,270 1,638 1,249 2,867 Tho notes on pages 1810 29 fom part of the flnanclal slalernenls. The financlal statements on pages 15 to 29 were approved by Ihe Corporate Trustee and slgnad by.. Slgned. Dale.. N811 Alklnson (M8n8glng Dlrector) Page 16

Statement of Cash Flow for the year ended 31 March 2024 Note 2023124 £000 2022123 £000 Cash flows from operatlng actlvltles: Net cash from operatlng actlvltles 18 267 267 Cash flows from Investlng actlvltles: Dividends and interest from investments 13.3 53 41 Net cash from Investlng actlvltles 53 41 Change In cash and cash equlvalents In the reportlng perlod 320 308 Increase In cash and cash equivalents in the year Cash and cash equivalents at the beginning of reporting period 320 308 1,555 1,247 Total cash and cash equlval8nts at th• end of tho year 1,875 1,555 Page 17

Notes to the Flnancial Statements Accountlng Pollcles (a) Basls Of Preparatlon The preparation of financi81 statements requires the use of certain critical 8ccounting estimates. It also requires management to exercise ils judgement in the process of applying the Charity's accounting policies. There are no critical accountlng judgements and there are no key sources of estimation uncertainty. The financial statements have been prepared on a going concern basis and under the historic cost convention, with the exception of investments which are included at fair value. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland {FRS 1021 (effective 1 January 2019) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are Initially recognised at historical cost or transaction value unless othemise stated in the relevant accountlng pollcy noie(sl. {b) Funds Structura Restricted funds are funds which are to be used In 8ccordance wlth specific restrictions imposed by the donor. Unrestricted income funds comprise those funds which the Corporate Trustee is free to use for any purpose In furtherance of the charitable objectives. Funds which are not legally restricted but which the Corporate Trustee has chosen to earmark for set purposes are designated funds. Funds where the capital is held to generate income for charitable purposes and cannot itself be spent, are accounted for as endowment funds. No endowmenl funds are currently held by the charity. The major funds held in esch of these categories are disclosed In note 19. (c) Incomlng Resources All incoming resources 8re recognlsed and Included in full in the Statement of Financial Actlvlties as soon as the following factors are met,. entitlement - arlses when a particular resource is receivable or the Charity's right becomes legally enforceable., certainty- when there is reasonable certainty that the incoming resource will be received., and measurement- when the monetary value of the incoming resources can be measured with sufficient reliability. In all cases, the amount at which gifts in kind are brought into account is either a reasonable estimate of their value to the Charity or the amount actually realised. The Charity has no sources of estimation uncertainty to disclose. Page 18

Accounting Pollcles (contlnued) Incomlng Resources From Legacles Receipt of a legacy must be recognised when it is probable that it will be received. Receipt is normally probable when.. there has been grant of probate., the executors have esablished that there are sufficient assets in the estate, after settling any liabilities, to pay the legacy,. and any conditions attached to the legacy are either within the control of the charity or have been met. (d) (e) Resources Expended Expenditure is recognised once there is a legal or constructive obllgalion to make a Payment to a third party. Grants are only made to related or third party NHS bodies and non-NHS bodies in furtherance of the charitable objectlves of the funds. A liability for such grants is recognised when approv81 h88 been given by the Fund Manager of the relevant Charitable Fund. The North Tees and Hartlepool NHS Found81ion Tru81 General Charitable Fund has delegated authority lo the Fund Managers. (n Irracoverable VAT Irrecoverable VAT Is charged against the category of resources expended for which il w85 incurred. Ig) Governance Costs Costs of governance arrangements are Included which relate to the general runnlng of the Charity as opposed to the direct management functions inherent in generating funds, seNice delivery and programme or prolect work. These activities provlde the governance infrastructure which allows the Charity to operate and to generate the information required for public accountability. They include the strategic planning processes that contribute to the future development of the Charity and comprSse of administration, independent audltors, fee, internal audit costs and 811 support costs (see note 10). These costs are apportioned on a pro rata basis to funds with an average balance of £2,500 and above as at 31 March 2024. {h) Charltabla actlvltles Costs of charitable acllvitles comprise all costs incurred In the pursuit of the objectives of the Charity. These costs comprise direct costs and an apportionment of Ihe management, 8dministr*ive and audit costs. Flxed Asset Investments Investments are Stated at the closing market Value which is the 'bid price, at the b81ance sheet date. The Statement of Financial Activities includes any net gains and losses. Debtors IJ.) Debtors are amounts owed to the Charity. They are measured on the basis of thelr recoverable amount. (k) Cash and Cash equlvalents Cash at the 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 term, liquid investments, usually in 90 day notice interest bearing savings accounts. Page 19

Accountlng Pollcies (continued) Credltors Creditors are amounts owed by the Charity. They are measured at the amount that the Charity expects to have to pay to settle the debt. (m) Recognlsed Galns and Losses All realised and unrealised gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference be￿een sales proceeds and opening market value (or dale of purchase if later). Unrealised gains 8nd losses are calculated as the difference between market value 8t the year end and opening market value lor date of purchase if later). (n) Golng Concern The Ch8rity's acllvltles, together with the factors likely to affect Ils future development, performance and position are set out on pages 1-10. The Cherity has slgnificant financial resources and due to Its long standing pollcy of only funding one-off in-year 8ppIic81ion8 to the fund, has no future commitments to discharge. The return on investments, donations and legacies have increased over the prevlous year. The expenditure of the Charity Is discretional and the Corporate TrLtstee will ensure expenditure is affordable to maintain financi81 sustainability. After maklng enquirles, the Corporate Trustee expects that the Charity has adequate resources to continue In operational existence for at least 12 months from the date of signlng. For this reason, they continue to adopt the golng concem basls in preparing the Annual Report and Financial Slalements. lo) Taxallon Llablllty A5 8 registered charity, the North Tees and Hartlepool NHS Foundation Trust General Charitable Fund is potentially exempl from the laxation of income and gains falling within S505 of the Income and Corporation Taxes Act 1988 and S256 Taxations and Chargeable Gains Act 1992. No tax charge has arisen In the year. Page 20

  1. Related Party Tran8actlons The North Tees and Hartlepool NHS Foundation Trust is the sole beneficiary of the Charity. The Charity has provided fttnding lo the NHS Foundation Trust for approved expenditure under the Trust's Scheme of delegation made on behalf of the Chanty. This funding arnounted lo £514.000', disclosed in note 7 and note 8, 12022123.. £337.000) and is shown on the f8¢e of the Slalemenl of Flnancial Activities. During the year none of the members of the NHS Foundation Trust Board or Senior NHS staff or parties related lo them were beneficiaries of the Charity or have undertakon any material transactions wlh the Charity. Neither the Corporate Trustee nor any member of the NHS Tru51 808rd has received honoraria, emoluments or expenses in the year lor in the prior yearl. The Corporal8 Trustee has purchased Trustee indemnity insurance for 2023124. 08ta118 of related party tran8actlon8 wlth IndSvldual8 2023124 Paymants to related partle8 Recelpts from relatod partlo8 £000 Amounts owed to rglatod partloj £000 Amounts duè frorn relatad partle8 £000 £000 D•clarallon of Intern8t 2023124 Opiimus Health Ltd 310 NTH Solullons LLP li 15 North Tees & Hartl8pooI NHS Foundation Trust 314 139 2022123 Optimus Health Ltd 336 NTH Solullons LLP 39 North Tees & Hartl8pooI NHS Foundation Tru81 173 55 Opiirnus Health Ltd (Tradlng Comp8ny lor North Tees and Hartlepool NHS Foundallon Trust) lan Slmpson Ch8lr of NTH Solutions LLP and Opllmus Llmiled Company INon-Exacutive Director) NTH Solutions LLP (Trading Company lor North Tees and Hartl8pooI NHS Foundation Tru51) Nail Atkinson, Tru51 Representallve on NTH Solutions man8g8ment Board Kale Hudson.H8lliday, Trust Represenlallve on NTH Solutions management 8oard from 01106123 to 01104124 North T8es & Hartlepool NHS Foundallon Trust All Executive Directors and Non-execulive Directors of the Foundation Trust Board listed on page 1 seNe as agents of the Corporate Trustee of the Charity. Page 21

  2. Voluntary Income Unrestricted Funds £000 Restricted Funds £000 93 25 Total 2023124 £000 101 27 Total 2022123 £000 99 27 Donations Fundraising Income Generated by Individuals Grants Recelvable Corporate Donations Gift Aid Legacies Total 165 310 165 312 97 338 37 169 37 487 646 568

  3. Incomlng Resources From Charltabla Actlvltles The income was primarily from the provision of training courses In furtherance of the Charit5ls objectives. Unrestricted Funds £000 Restricted Funds £000 Total 2023124 £000 Total 2022123 £000 Income from the provision of education and training 24 24 31 Total 24 24 31
  4. Other Tradlng Actlvltles Unreslrlcled Funds £000 Restricted Funds £000 46 Total 2023124 £000 46 16 Total 2022123 £000 43 Staff Lottery deductions Fundralslng Events 16 Total 16 46 62

  5. Other Incomlng Resources Unrestricted Funds £000 Restricted Funds £000 21 Total 2023124 £000 22 Total 2022123 £000 15 Other Income Total 21 22 15 This income is received from sponsorship of various meetings and conferences held by the Trust, payment for clinical trials perfomied by the North Tees and Hartlepool NHS Foundation Trust and the provision 8nd facilitation of training for extern81 parties. Page 22

  6. Raislng Funds 2023124 2022123 £000 30 18 £000 32 staff Lottery Winnings & Admin Fundraising Expenses Fundraising Salary Costs Total 47 42 88 90 Charltable actlvltles The Charity pursued its charitable activities by maklng grants, shown below by category. 2023124 £000 2022123 £000 Purchase of Equipment Research Posts and Clinlcal Care Refurbishment Costs & IT Equipment Staff Educatlon and Welfare Patients Welfare Total 128 49 57 37 15 97 41 78 168 426 247

  7. Analysls of Grants All grants ere made by the Charity for the year 1 April 2023 to 31 March 2024. The Corporate Trustee operates a Scheme of Delegation, through which all grant funded activity is managed by fund holders responsible for the day to day activities or the charitab18 fund bid group for the North Tees & Hartlepool Together General Charitable fund and the staff lottery fund in accordance wilh the dlrections set out by the Corporate Trustee in the Standing Financial Instructlons and Standing Orders. The total c05t of making grants Is disclosed in the activity analysis on the face of the Statement of Flnanclal Activities. The grants received by the beneficiaries for each category of charitable activity is disclosed in note 8 of the financial statements.

  8. Governance Costs 2023124 £000 2022123 £000 Internal audit External audit Governance 12 12 Financial administration Tot81 29 29 41 41 Governance costs of £41,216 (2022123: £40,935) comprise administration costs of £29,092 (2022123.. £28,935), external auditor fee of £9,000 (2022123- £9,000) and an internal audit charge of £3.000 (2022123.. £3,000). Administration cosls are charged pro-rata against funds which had an average balance of £2,500 and above as at 31 March 2024 (2022123.. £2,500). Page 23

  9. Staff Costs There are no staff directly employed by the Charity in 2023124 (2022123: none). The Charity's Corporate Trustee agents give their time freely and receive no remuneration for the work that they undertake acting for the Corporate Trustee.

  10. Audlt Remuneratlon The auditor's remuneration of £9,000 (2022123.. £9,000) related solely to the audit of the Financial Statements.
  11. Investments The investment porfolio is valued at the bid price 2023124 end 2022123 13.1 Movement In flxed asset Investment 2023124 Total £000 2022123 Total £000 Market value brought forward Monies owed by CCLA for Charitles Short term dividends Net galn on revaluatlon Market value at 31 March 1,414 10 {10) 131 1,545 1,469 10 (10) (551 1,414 13.2 Market value at 31 March 2023124 Total 2022123 Total £000 £000 Held In UK COIF Charities Investment Fund 1,545 1,414 Total The COIF Charities Investment Fund includes the following Investments: 2023124 2022123 Asset allocatlon Overseas Equities Infrastructure & Operating Assets Fixed Interest UK Equities Property Private Equily & Other Cash & near cash Contractual & Other Income Derivatives 65.55/0 9.420/0 8.23Q/o 6.630/0 3.960/0 63.410/0 8.32°/0 3.100/0 2.66Q/o 1.150/0 0.020/0 1.85°h 0.02% 100V/ 1000/0 Page 24

13.3 Total gross income from investments and cash on deposlt 2023124 Total £000 2022123 Total £000 Held In UK Investments Bank Interest 42 11 41 Total 53 41 The Corporate Trustee believes that the carrying value of the investments is supported by their underlying net assets. 14. Debtors: amounts falllng due wlthln one year 2023124 Total £000 10 2022123 Total £000 Dividend Income Accrued Income Tot81 15 11 16. Credltors: amounts falllng due wlthln one year 2023124 Total £000 25 2022123 Total £000 31 Accruals Deferred Income Amounts owed to North Tees and Hartlepool NHS Foundation Trust Total 139 60 165 93 There Is no security for non-trading amounts owed to the Foundation Trust. 16. Transfers between funds 2023124 Total £000 2022123 Total £000 95 Transfers There 8re no transfers be￿een funds 2023124 (2022123.. £95,000 new fund for volunteer donations created, funds transferred from the general fund) Page 25

  1. Ultlmate parent undertaklng and controlllng party The Charity is a wholly owned subsidiary of North Tees and Hartlepool NHS Foundation Trust, an NHS Foundation Trust registered in England. North Tees and Hartlepool NHS Foundation Trust is also the ultimate parent company. The parent undertaking of the smallest group which includes the Charity, and for which consolidated financial statements are prepared, is North Tees and Hsrtlepool NHS Foundation Trust. Copies of the financial statements for this group can be obtained from: North Tees and Hartlepool NHS Foundatlon Trust University Hospital North Tees Hardwick Road Stockton on Tees TS19 8PE North Tees and Hartlepool NHS Foundation Trust is a public benefit corporation established under the National Health Service Act 2006. NHS England. the Independent Regulator for NHS Foundation Trusts, has the power to control the Trust within the meaning of IAS27 'Consolidaled and Separate Financial Statements., NHS England does not prepare group accounts bul does prepare separate NHS Foundation Trust Consolidated Accounts, The NHS Foundation Trust Consolidated Accounts are included within the Whole of Government Accounts and this is the largest group with which the results of North Tees and Hartlepool NHS Foundation Trust General Charitable Fund is consolidated into. NHS England is accountable to the Secretary of Slate for Health and therefore the Trust's ultimate parent is HM Government.
  2. Reconclllatlon of net movement Sn funds to net cash flow from operatlng actSvllles 2023124 Total £000 2022123 Total £000 Net movement In funds 383 270 Lossl(Gainl on Investments Deduct interestldividends income sht)wn in investing activities (Increase) IDecre8se in debtors Increasel{Decrease) in creditors (131) (531 55 (41) {4) 72 (18) Net cash generated from operatlng actlvltles 267 267 Page 26

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