## **Annual Report** **For the year ended 31 March 2022** **Registered Charity No. 1057917** www.dbth.nhs.uk **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Annual Report** ## **For the year ended 31 March 2022** |**Contents**|**Page**| |---|---| |Trustee Report|1 - 8| |Independent Auditors' report|9 - 11| |Statement of Financial Activities|12 - 13| |Balance Sheet|14| |Cash Flow Statement|15| |Notes to the financial statements|16 - 22| **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Trustee Report 2021-22** Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds presents their annual report together with the financial statements for the year ending 31 March 2022. The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and 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) (effective 1 January 2015). ## **Reference and administrative details** ## **Trustee** Doncaster & Bassetlaw Teaching Hospitals NHS Foundation Trust is the Corporate Trustee. Directors of the NHS Foundation Trust act as de-facto Trustees on an operational level. Directors of the Corporate Trustee in 2021/22 are: Suzy Brain-England Richard Parker OBE (Chief Executive) Neil Rhodes Karen Barnard Sheena McDonnell David Purdue Pat Drake Jon Sargeant Kath Smart Alex Crickmar (from November 2021) Mark Bailey Rebecca Joyce Dr Tim Noble ## **Charity Registration Number:** 1057917 ## **Registered Office and Address of Principal Office:** Doncaster & Bassetlaw Teaching Hospitals NHS Foundation Trust, Armthorpe Road, Doncaster, DN2 5LT ## **Auditors** Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4AD ## **Bankers** Royal Bank of Scotland, 15 St Sepulchre Gate, Doncaster, DN1 1TF ## **Investment Management** Aberdeen Standard, 1 George Street, Edinburgh, EH2 2LL 1 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **OBJECTIVES AND ACTIVITIES** ## _**Our Charitable Objectives**_ The Aim of the charity is that: Charitable funds received by the Charity are accepted, held, and administered as funds and property held on trust for purposes relating to the health service in accordance with the National Health Service Act 2006 by the Corporate Trustee, to benefit patient care and advance the good health and welfare of patients, carers and staff. In reality, this means that the donations received by the Charity are used to enhance the environment for patients and staff, going above and beyond what is normally expected of the NHS. In setting our objectives and planning our activities, our Trustees have given careful consideration to the ## **Public Benefit** **Grant Making** Funded projects are decided upon by the Trustees of the Charity in line with the objectives of the Charity. Projects that are funded by the Charity must support and enhance the work of the Trust and not undermine the provision of the NHS. ## **Strategic Report** ## **Achievements and Performance** ## **Patients' Welfare and Amenities** As a result of the support of donors both in 2021/22 and previously, the charity has been able to support the following projects in the year: ## **Shuttle Bus service between Mexborough and Doncaster** The free shuttle bus service between the two hospital sites was made possible by the legacy left by Fred & Ann Green a number of years ago. This service connects the two hospital sites, making access to healthcare and inpatient relatives much easier. By providing free travel between the two sites to allow relatives and loved ones to visit in-patients, this creates opportunities for patients to receive morale-boosting visits, which in turn, aids recovery and reduces length of stay. The free shuttle bus also allows better access to out-patient appointments at both sites, which improves the health and wellbeing of patients. 2 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Newly created bereavement room** The newly designed space will be known as the and dedicated to the memory of Lorraine Butterfield, an extraordinary Registered Nurse who worked for many years at DRI and who sadly passed away during the pandemic. The Butterfield Suite is a place where relatives and friends can stay, away from the busy ward, giving them a space to grieve following the loss of a loved one. It offers privacy and dignity as well as facilities to wash and freshen up if required. Butterfield Suite is a much-needed addition to our hospital. It will provide a peaceful environment, and somewhere where relatives and friends can go to obtain some privacy at a time when they may need it the most. Losing someone is never easy, and we want to make this time as comfortable as possible, with friends Health professionals within the Emergency Department also believe this space will provide a fitting tribute to their colleague Lorraine, who sadly passed in November 2020 following a brief battle with COVID-19. 3 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Baby Loss Awareness Week** Doncaster and Bassetlaw Teaching Hospitals lit up their buildings in the Baby Loss Awareness Week colours, pink and blue, throughout the week, along with some other buildings in the local area including Retford Town Hall, This year Baby Loss Awareness Week explored the theme of wellbeing and encouraging those affected by pregnancy and baby loss to share what helped them to recover and build a life after loss. The special events planned for the week were organised by the bereavement midwives, Matt Proctor and Rhian Morris. They said: hope that some of the events planned for Baby Loss Awareness Week will enable ## **Staff Welfare and Amenties** It is widely acknowledged that a proportion of donors gifting to the Charity wish for the staff to benefit as much as patients. Whilst controls are in place to ensure such expenditure is appropriate and in line with NHS values, it is important to acknowledge the hard work that staff perform and go above and beyond for patients on a daily basis. Some of the items purchased include: - Training courses allowing staff to develop professionally and personally, beyond their current role. - Retirement vouchers, as a "thank-you" for spending a substantial length of time providing a service to the people of Doncaster, Worksop and the surrounding areas. - Office equipment and furnishings, enhancing the staff environment over and above what would normally be expected. 4 ## **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Volunteers and Fundraisers** Our Charity is testament to the generosity of our donors and we are extremely grateful to all who have been involved this year. The level of support that is received from volunteers and fundraisers is paramount to the Charity and for it to achieve its objectives. Without this, the Charity would not be able to help provide better facilities, provide specialist medical equipment and improve the environment for patients, families and visitors. It would be impossible to recognise all the volunteers and fundraisers that have supported the Charity in the past, but our sincere thanks goes out to all of them. One fundraising scheme that has increased in popularity during 2021/22 has been the Christmas Star Appeal. Throughout the Christmas period, over 30 stars of all shapes and sizes lit up across the buildings which make up Doncaster and Bassetlaw Teaching Hospitals. The headline sponsor, DFS, have for the second-year running committed £10,000, and in the process have helped to raise over £30,000 which will be directly reinvested into patient care, treatment and facilities. ## **Achievement of Charitable Objectives** Given the performance of the charity in 2021/22, Trustees are assured that the charitable objectives have been met for the year. ## **Financial Review** |||**£k**| |---|---|---| |Donations and Legacies|46%|**287**| |Other TradingActivities|4%|**24**| |Investments|50%|**319**| |**Total**|**100%**|**630**| |||| |||**£k**| |RaisingFunds|10%|**(117)**| |_Charitable Activities_||| |- Patients' Welfare and Amenities|70%|**(869)**| |- Staff Welfare and Amenities|20%|**(251)**| |**Total**|**100%**|**(1,237)**| 5 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Review of Charity Activities Year ending 31st March 2022** ## **What are our costs?** **Charitable Activities:** These are costs related to allowing the charity to meet its objectives. These include direct costs and grants of charitable expenditure. **Raising Funds:** Costs related to the running of activities designed to raise funds for the Charity. These costs relate to salaries for staff not performing charitable expenditure, IT costs, transactional finance costs and professional fees for the charity such as audit fees. ## **Reserves** The Charity aims to hold undesignated reserves sufficient to cover three months operational costs. At the year end the charity held restricted funds of £7,396k and unrestricted funds of £1,877k. The funds held outside of restricted funds are sufficient to cover operational costs for at least three months. ## **Risk Management** The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust and are satisfied that systems are in place to mitigate our exposure to the major risks. The main risk for the charity is the economic uncertainty and to this extent, the Trustees are using investment managers to reduce the level of risk within the investments held. With this in mind, trustees have a risk averse approach to investments, whilst trying to ensure a reasonable level of income into the charity. Future financial perfomance and position is likely to be determined by the state of the economy, both in terms of the success and stability of the investments held, as well as the level to which donors feel as though they are able to support the charity. While steps can be taken to manage the risk, the risk still remains and could make it difficult for the charity to achieve its objectives in the short to medium term. During the year, there was a detailed review of our Investment Policy working alongside our investment managers, Aberdeen Standard. This exercise challenged previous risk appetites and ensured that the updated Investment Policy provided a balance between financial flexibility, financial risk and ethical risk. ## **Investment Performance** The charity is reporting a gain on investments of £581k which is a gain of 6.6% in the year. This is against a gain of 19.7% (£1,436k gain) in the previous year, which was caused by the recovery from the initial impact of Covid-19 on the financial markets. As a comparison, the FTSE 100 had a gain of 11.6% during 2021/22. The investments were put into a low risk portfolio. The aim was for the investments to exceed the income available through fixed-term, fixed-yield investments provided by UK High Street banks, whose yield is generally around 1%. 6 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Structure, Governance and Management** Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds is a registered charity (number: 1057917). It is governed by its Memorandum & Articles of Association. The Directors of Doncaster & Bassetlaw Teaching Hospitals NHS Foundation Trust act as de-facto Trustees of the Charity, as the NHS Foundation Trust is the corporate Trustee for the Charity. When an individual ceases to be a Director of the NHS Foundation Trust, they also cease to be a Trustee of the Charity. The Charity utilises the opinions of a number of governors and key stakeholders to help in its decision making process. This helps provide additional opinions and perspectives into the decision making process and helps ensure the aims of the Charity are being met. However, these are only advisory roles. No Trustee received any remuneration from the Charity in the financial year 2021/22 for their role with the Charity, although they do receive remuneration for their role with the Foundation Trust. ## **Our Plans for the Future:** Covid-19 has had a significant impact on many aspects of the NHS Trust, but one of the most significant impacts has been on the health and wellbeing of staff, which can be seen by the increase in charitable activities around staff activities in 2021/22. It is felt that this is likely to continue into 2022/23 through various activities around staff wellbeing, which will improve the morale of staff, as well as fulfil the wishes of donors who appreciate the efforts of members of staff. In 2022/23, the main fundraising efforts centre around the Serenity Suite project. The Serentiy Suite project is expected to be a dedicated bereavement suite at Doncaster Royal Infirmary, a mobile ultrasound scanner for the Early Pregnancy Unit (EPAU) at Bassetlaw Hospital and refurbishments to two counselling rooms for services across both sites. Given the level of reserves that the charity has available to it, there is an increased focus on increasing spend over the next few years and this has meant a refresh of the governance arrangements, so expenditure can be approved quickly, but also in line with appropriate governance procedures. It is hoped that the operational pressures associated with Covid-19 will continue to ease to ensure there is sufficient management resource to help drive and deliver the increased investment. 7 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Statement of Trustee responsibilities** each financial year which show a true and fair view of the state of affairs of the charity and of the excess of expenditure over income for that period. In preparing these financial statements, generally accepted accounting practice requires that the Trustees: - Select suitable accounting policies and then apply them consistently - Make judgments and estimates that are reasonable and prudent - State whether the recommendations of the SORP have been followed, subject to any material departures disclosed and explained in the financial statements - State whether the financial statements comply with the trust deed, subject to any material departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. The Trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. The Trustees are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the Trustees to ensure that, where any statements of accounts are prepared by the Trustees under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. The Trustees have general responsibility for taking such steps as are reasonably open to the Trustees to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. The Trustee confirms that it has met the responsibilities set out above and complied with the requirements for preparing the accounts. ## **Auditors** Ernst & Young LLP have indicated that they are willing to be reappointed for the following year. On behalf of the Trustees Richard Parker OBE Chief Executive Alex Crickmar Acting Director of Finance 8 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DONCASTER AND BASSETLAW HOSPITALS NHS FOUNDATION TRUST CHARITABLE FUND Opinion We have audited the financial statements of Doncaster and Bassetlaw NHS Foundation Trust Charitable Fund fof the year ended 31 March 2022 which comprise the Staternent of Firiaricial Activities. the Balance Sheet. the Slalemenl of Cash Flows and the ￿lated notes 1 to 15. including a summary of signifi&gnt arLounting polici8s. The financial reporting framework that has been appli8d in their preparation is appluble law and United KIn￿lOrn Accounting Standards (United Kingdom Generally Accepted Accounting Pract￿e) including FRS 102 Finartial Rewrting standard applicable in the UK and Republ￿ of Ireland.. In our opinion the financial ststem8nts'. give a true and lair view of the state ol the charitys allai(s as at 31 March 2022 and of its net incorne and applutyon of reSOur￿s, for the year then ended., have been property prepared in acc*Jrdanco wilh UniteLI ￿ngdorn GeneraltyA￿epted Aminting Practte,. and have been prepared in accwdance with the requirernents of the Charil￿ Act 2011. Basls for oplnlon We ¢ondu¢iÈd our audrt in a¢cordarKe with Internat￿yna1 s￿dards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the finarKi81 statements section of our report below. We are independent ol the charily In accordancè with the eth￿al reqU1￿MentS that are ￿leVant to our audit of the financial slalements in the UK, Including the FRC'S Ethical Slandard. and we have fulfilled our other ethical re5ponsibililies in accordance with these requirements. We bglieve that the audit evidencE we have obtained is sufficienl and appropriate to provmle a basis for our opinion. Concluslons relatlng to golng concem In auditing the financial slalernents, we have conduded Ihat Ihe truslees. use of Ihe going concem basis of accounting in the prgp8r8tion ol the finawial $tatements 1$ appropriate. Based on the work w have performed, ￿ have not identrfied any maierial uncertainties relating to èvènts or conditions that, individually or collèctivèly, may cast significant doubt on thè charity's ability to continue as a going concern fcv a peri¢)J ol at least tWe￿e months from wthen the financial slatements are aulh0ri5ed for issue. Our ￿SponSibl1￿1eS and the responsibilrtEs ol the trustees with respect to going concem are described in the re￿vant seclions of thi5 report. However, because nol all fvlure events or condibons can be pr8dict6d, this statemènt is not a guaranteè as to the trustee's ability lo c(xi*'nue as 8 going concèm. Other information The other inlorrnation comprises the infom)at￿n included in Ihe annual ￿Port. other than the financial stat8m8nts and our auditor's report thereon. The trusiees are responsible for the other informab'on contained in the annual ￿pOrt. Our opinion on the financial staternents dI￿S not cover olher inforrnalion and we do not express any fonn of assurance Conclus￿ Ihereon. INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DONCASTER AND BASSETLAW HOSPITALS NHS FOUNDATION TRUST CHARITABLE FUND (Continued) Our respollsibility is to read the other Information and, in doing so. consider whether the other information is materially inconsistent with the finanoal statements or our knowledge obtsined in the audit or otherwise appears to be rnaierial￿ rnisstated. If we identify such material inconsistencies or apparent rnaterial rnisstatem8nts, we ar8 r8quir8d to deteffliine whether this gives rise to 8 rnaterial misstatement in the financial statements themselves. If. based on the work we have performed, we conclud8 that there 15 8 material misststement of the 0th8r Inft)mia￿'0n. we ar8 required to report that fact. We have nothing to rep￿t in this regard. Matters on which we are required to report by exception We have nothing to report in ￿$t￿¢t of the following matters where th8 Charities {A￿Unts and Rèports) Regulations 2008 require us to ￿pOrt to you rf. in our O￿n10Th= th$ information given in the Trustees'Annual Rswt is in¢on$i$t8nt in any materi81 r8spe¢t with the linanoal statem&nts,' or suffioont 8c¢ountin9 r￿rdS have not been kepl.. the finants81 Stslerrents artr not in agreernent wilh a¢¢ounDng r8¢ords and reium$.' or have not weived all th& inl¢math?n and exrA8n8tions we ￿quIre for our audil. Re8ponsSbllltl•8 of trusteos As explained more fully in the InJste¢$' re$ponsi)ilit*S Statsrnent ￿ oul on page 8, tho trustees ar responsible lor the p￿ParatIOn ol the finanual siatamènts and lor bèing satisfied that they givè a trua and lair view, and for such internal control as the trustees d8temiine is necessary to enable the preparation ol financial statements Ihat 8re fres Irom material mis$￿teMent, whether due to fraud or error. In preparing the financial staterngnts, the trustees ao r¥s￿nsible lor assessng the ¢h8nty'$ ability to continue as a going COn￿rn, disclosing. as applicable. matters related to going concem and using the going concem basis of accounting unless management eithef intends to INuidate the charity or to ceaso operation$, or has no ￿811$11¢ aiiem81ive but lo do so. Auditor's responsibilltles for the audit of the financlal statèments Wè hava beall aPPK)inted as auditor undèr séebL￿ 144 01 Ihè CharitièsAci 2011 and r8pL¥t in accordance with the Act and relevant wulats.ons made or having effect thereutyjer. Our objectives are to obtain ￿8$Onable assurance at*)trt whether the financial statements as a whole are free from material rnisslatemenl. whelher due lo fraud or error, and ¢0 i8sue an auditor's repori that in¢ludes our opinion. Reasonable assurant￿ is a high level of assur8n(x. but 1$ not a guararil8e thal an au¢Jit con¢Jucted In accordance wrth ISAS IUKI will always detect a matenal misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be exrRcled to inflyer￿ the e(xJnomic decisions of users taken on the basis ol these financial statèments. Explanation as to what •xt•nt th• audit was eoft$id•r•d Capabh of d•t•eiing iwulariti•s. Includlng fraud Irregularities, including fraud, are instances of non-compliance laws and regulations. We de￿g￿ procedures in line with our responsibilities. ouuined above. to detec¢ irregularities. including fraud. The risk of not detecting a material misslatement due io Iraud is hgher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealtnenl by, for exatnple, forgery or intentional misrepresentations, or through colluson. The extent to which our proTrdures are capable of detecting irregularities, including fraud is detailed below_ Hovwer, the primary responsibility for the pr8vents.on and det8Ction of fraud r8sts with tK)th th058 charged wtth gov8rn8nce of th8 8ntty and management. 10 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DONCASTER AND BASSETLAW HOSPITALS NHS FOUNDATION TRUST CHARITABLE FUND We obtained an underslandiThJ ol the ￿gaI and regulatw framewot*s that are appluble to the charity and determined that the most signrficanl are ts Charities Act 2011. and all relevant 8rnpIoyrn8nt18ws of th8 United Kiwdom. We understi)CrtJ how Doncaster and Bassellaw NHS Foundation Tnjst Charrtable Fund is complying with those frameworks by understanding Ihg incentive. ry)portunib'es and rnotivgs for non-c¢)mpliance, including inquiring of management and obtaining and ￿VIewIng d￿￿￿entatIOn relating lo the procedures in place lo i¢Jenlify. evaluate an¢J comply with laws and regulations, and whether they are awa￿ of instances of nc￿-coMpl1an￿. We corrob)rated this through our review of board minutes and through the inspecbon ol olhef inlormatKX). Based on this understanding we designed our audit prcte¢Jures to ￿entIfy non**Note**
**Funds**
**£000**
**Income and endowments from:**
- Donations and Legacies
2.1
175
- Other trading activities
2.2
12
- Investments
2.3
66
**Total income**
253
**Expenditure on:**
- Raising Funds
4
(41)
- Charitable activities
3
- Patients' Welfare and Amenities
(224)
- Staff Welfare and Amenities
(17)
- New Building and Refurbishment
-
**Total resources expended**
(282)
Net gains/(losses) on investments
6
118
**Net income/(expenditure)**
89
Transfers between funds
-
**Net movement in funds**
89
**Reconciliation of funds**
Total funds brought forward
1,788
**Total funds carried forward**
1,877|**Restricted**
**Funds**
**£000**
112
12
253
377
(76)
(645)
(234)
-
(955)
463
(115)
-
(115)
7,511
7,396|**31 March**
**2022**
**£000**
287
24
319
630
(117)
(869)
(251)
-
(1,237)
581
(26)
-
(26)
9,299
9,273|**31 March**
**2021**
**£000**
374
153
249| |---|---|---|---| ||||776| ||||(79)
(560)
(129)
(12)| ||||(780)| ||||1,436| ||||1,432| ||||-| ||||1,432| ||||7,867| ||||9,299| All incoming resources and resources expended derive from continuing activities. 12 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Statement of Financial Activities** ## **For the year ended 31 March 2021 - for comparative purposes only** |**Unrestricted**
**Note**
**Funds**
**£000**
**Income and endowments from:**
- Donations and Legacies
2.1
84
- Other trading activities
2.2
26
- Investments
2.3
50
**Total income**
160
**Expenditure on:**
- Raising Funds
4
(22)
- Charitable activities
3
- Patients' Welfare and Amenities
(83)
- Staff Welfare and Amenities
(75)
- New Building and Refurbishment
(7)
**Total resources expended**
(187)
Net gains on investments
6
286
**Net income**
259
Transfers between funds
(2)
**Net movement in funds**
257
**Reconciliation of funds**
Total funds brought forward
1,531
**Total funds carried forward**
1,788|**Restricted**
**Funds**
**£000**
290
127
199
616
(57)
(477)
(54)
(5)
(593)
1,150
1,173
2
1,175
6,336
7,511|**31 March**
**2021**
**£000**
374
153
249| |---|---|---| |||776| |||(79)
(560)
(129)
(12)| |||(780)| |||1,436| |||1,432| |||-| |||1,432| |||7,867| |||9,299| All incoming resources and resources expended derive from continuing activities. 13 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Balance sheet as at 31 March 2022** |**Note**
**Fixed assets**
Investments
6
**Total fixed assets**
**Current Assets**
Debtors
7
Cash at bank and in hand
8
**Total current assets**
**Current Liabilities**
Creditors:
Amounts falling due within one year
9
**Net current assets or liabilities**
**Non Current Liabilities**
Creditors:
Amounts falling due greater than one year
9
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted income funds
Restricted income funds
**Total funds**|**31 March**
**2022**
**£000**
9,323
9,323
38
650
688
(664)
24
(74)
9,273
1,877
7,396
9,273|**31 March**
**2021**
**£000**
8,741| |---|---|---| |||8,741| |||10
828| |||838| |||(280)| |||558| |||-| |||9,299| |||1,788
7,511| |||9,299| The notes on pages 16 to 22 form part of this account. The Financial Statements on pages 12 to 22 were approved by the Board of Trustees and signed on its behalf by: Richard Parker, Chief Executive Doncaster and Bassetlaw Hospitals NHS Foundation Trust Date: 8 December 2022 Alex Crickmar, Acting Director of Finance Doncaster and Bassetlaw Hospitals NHS Foundation Trust Date: 8 December 2022 14 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Cash Flow Statement** ## **Year ended 31 March 2022** |**Cash flows from operating activities:**
**Net cash used in operating activities**
**Cash flows from investing activities:**
Purchase of investments
Sale of investments
Dividends receivable
**Net cash provided by investing activities**
**Net decrease in cash and cash equivalents**
**Cash and cash equivalents at 1 April**
**Cash and cash equivalents at 31 March**
**Cash and cash equivalents consists of:**
Cash at bank and in hand|**2022**
**£000**
(570)
(1,567)
1,566
319
318
(252)
828
576
650|**2021**
**£000**
(356)
(1,427)
1,425
249| |---|---|---| |||247| |||(109)| |||937| |||828| |||828| ## **Reconciliation of net income/(expenditure) to net cash flow from operating activities** |**Net (expenditure)/income for the reporting period**
**(as per the Statement of Financial Activities)**
Dividends received
Gains on investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash flow from operating activities**|**2022**
**£000**
(26)
(319)
(581)
(28)
384
(570)|**2021**
**£000**
1,432
(249)
(1,436)
22
(125)| |---|---|---| |||(356)| 15 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** ## 1. **Accounting Policies** ## 1.1 **Basis of preparation** 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 Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2016. The charity constitutes a public benefit entity as defined by FRS 102. After making enquiries, the Trustee is satisfied that the Charity has adequate resources to continue in operational existence for the foreseeable future therefore there are no material uncertainties over going concern. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include listed investments at market value. The financial statements are prepared in sterling which is the functional currency of the charity. 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 **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 that have been set aside by the trustees for particular purposes. 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. ## 1.3 **Incoming resources** All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The charity recognises legacy income when the amount due can be quantified with reasonable probability and the timing of the receipt is known. 16 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** ## 1. **Accounting Policies (continued)** ## 1.4 **Donated goods, facilities and services** Donated facilities and donated time are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the Charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. It is not felt that this can be reliably measured for the reporting period presented. Doncaster and Bassetlaw Teaching Hospitals NHS Foundation Trust provides some office accomodation, facilities and administration support to the charity free of charge. ## 1.5 **Use of Volunteers** No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). A notional amount of time is donated by volunteers to assist with fundraising. Periodically, goods are donated to the Charity and are impractical to value. ## 1.6 **Fundraising and Trading Activities** Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. ## 1.7 **Investment income** Investment income is earned through holding assets for investment purposes such as shares and gilts. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend income is recognised as the right to receive payment is established. The Trustees have considered the most appropriate policy for the investment of funds and decided to invest in a low risk portfolio of stocks, shares and gilts. Investments are stated at market value. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year. The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors. ## 1.8 **Resources expended** All expenditure is accounted for on an accruals basis, except for grants, which are accounted for in the period in which the charity makes a formal commitment to give grant aid. Resources expended are allocated to the particular activity where the cost relates directly to that activity. The cost of overall direction and overhead costs of the central function are borne by the unrestricted fund. 17 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** ## 1. **Accounting Policies (continued)** ## 1.9 **Taxation** The Charity is a registered charity, and as such is entitled to certain tax exemptions on income and profits from investments, and surpluses on any trading activities carried on in furtherance of the charity's objectives. Irrecoverable VAT is charged against the category of resources expended for which it was incurred. ## 1.10 **Financial Instruments** Financial assets and financial liabilities which arise from contracts for the purchase or sale of nonfinancial items are recognised when performance occurs. ## 1.11 **Allocation of overhead and support costs** Due to the small amounts involved, all costs of generating funds have been allocated as governance costs and apportioned across all funds. ## 1.12 **Cost of generating funds** The cost of generating funds is the cost of investment management fees, audit fees and support costs. ## 1.13 **Fundraising Arrangements** The charity has a Corporate Fundraiser, and they are subject to a bonus scheme, depending on the level of income that has been generated, over and above a financial baseline. They are paid by Doncaster & Bassetlaw Healthcare Services Limited, and their costs are recharged back in full to the charity. For 2020/21 and 2021/22, there were no employees who received employee benefits (excluding employer pension costs) of more than £60k. ## 1.14 **Charitable activities** Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. These costs, where not wholly attributable, are apportioned between the categories of charitable expenditure in addition to the direct costs. ## 1.15 **Realised gains and losses** All 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 between sales proceeds and opening carrying value (or purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the end and opening carrying value (or purchase date if later). ## 1.16 **Debtors** Debtors are measured on the basis of amount due less provision for doubful debt. Debtors include prepayments and accrued income. ## 1.17 **Creditors** Creditors include amounts invoiced to the organisation but not yet paid, along with accrued and committed expenditure. 18 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** ## 2 **Income** ## 2.1 **Donations and legacies** |Donations from individuals
Corporate donations
Legacies
**Other trading activities**
Fundraising and event income
**Investment income**
Dividends
**Charitable activities**
Patients' Welfare and Amenities
Staff Welfare and Amenities
New Building and Refurbishment|**Unrestricted**
**£000**
116
24
35
175
**Unrestricted**
**£000**
12
12
**Unrestricted**
**£000**
66
66
**Unrestricted**
**£000**
(224)
(17)
-
(241)|**Restricted**
**£000**
47
22
43
112
**Restricted**
**£000**
12
12
**Restricted**
**£000**
253
253
**Restricted**
**£000**
(645)
(234)
-
(879)|**2022**
**£000**
163
46
78
287
**2022**
**£000**
24
24
**2022**
**£000**
319
319
**2022**
**£000**
(869)
(251)
-
(1,120)|**2021**
**£000**
173
173
28| |---|---|---|---|---| |||||374| |||||**2021**
**£000**
153| |||||153| |||||**2021**
**£000**
249| |||||282| |||||**2021**
**£000**
(560)
(129)
(12)| |||||(701)| ## 2.2 **Other trading activities** ## 2.3 **Investment income** ## 3 **Charitable activities** 19 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2021** ## 4 **Resources expended** |**Analysis of support costs**
Auditor's remuneration
Support costs|**2022**
**£000**
15
102
117|**2021**
**£000**
7
72| |---|---|---| |||79| Increase in support costs are as a result of increasing costs of fundraising and infrastructure supporting fundraising. ## 5 **Remuneration of Trustees** None of the Trustees received any remuneration related to Charity activities or were reimbursed any out of pocket expenses in the year (2020/21 : £ Nil). ## 6 **Fixed asset investment** |Market value at 1 April
Additions
Disposals
Revaluation gain
Market value at 31 March
Historic cost at 31 March
Investments at fair value compromises:
Fixed Interest
UK Equities
Overseas Equities
Investment properties|**31 March 2022**
**£000**
8,741
1,567
(1,566)
581
9,323
7,533
**31 March 2022**
**£000**
1,207
2,181
5,777
158
9,323|**31 March 2021**
**£000**
7,303
1,427
(1,425)
1,436| |---|---|---| |||8,741| |||| |||7,617| |||**31 March 2021**
**£000**
1,414
4,241
4,387
138| |||10,180| The fair value of listed investments is determined by reference to the quoted market value at the balance sheet date. 20 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** |7 **Debtors**
**Amounts due within the year**
Other Debtors
**Total**
8 **Cash and cash equivalents**
Short Term Investments and Deposits
Cash in hand
Current Account
90 Day Notice account
**Total**
9 **Creditors**
**Amounts falling due within one year:**
Other creditors
Accruals and deferred income
**Total**
**Amounts falling due more than one year:**
Accruals and deferred income
**Total**|**31 March**
**2022**
**£000**
38
38
**31 March**
**2022**
**£000**
-
10
640
**650**
**31 March**
**2022**
**£000**
95
569
664
74
74|**31 March**
**2021**
**£000**
10| |---|---|---| |||10| |||**31 March**
**2021**
**£000**
-
10
818| |||**828**| |||**31 March**
**2021**
**£000**
96
184| |||280| |||-| |||-| ## 10 **Details of transfers between funds** There have not been any material transfers between funds in the year. ## 11 **Related Party Transactions** The Doncaster and Bassetlaw Hospitals NHS Foundation Trust is the Corporate Trustee and sole beneficiary of the Charity. The Charity has provided funding to the Trust for approved expenditure made on behalf of the Charity. Included in the financial statements as at 31st March 2022 are Creditors of £95k (31st March 2021: £96k). As outlined in note 1.13 the charity has a Corporate Fundraiser who is paid by Doncaster & Bassetlaw Healthcare Services Limited, which is a subsidiary of the Foundation Trust and thus it is also a related party of the Charity. Doncaster and Bassetlaw Hospitals NHS Foundation Trust's principal activity is providing public healthcare in its role as an NHS Foundation Trust. 21 **Doncaster & Bassetlaw Hospitals NHS Foundation Trust Charitable Funds** ## **Notes to the financial statements for the year ended 31 March 2022** ## 12 **Fund descriptions** ## **Unrestricted funds** These funds are amounts which are not yet designated for a particular project but also where no restriction as to how the funds can be expensed has been placed on the funds by the donor. ## **Designated funds** The numerous designated funds are projects or fundraising activities being run by the charity where donors can specify the money being donated is for the particular project. These funds are set as to what projects will be run and generally the funds are eligible to be transferred from one to another under the terms of the donations. ## **Restricted funds** These tend to be a result of one off large donations, regularly from legacies, where the funds are specified to only be spent on a particular type of work. The restrictions do not, usually, restrict the expenditure any further but a close watch it kept as to how these funds are spent and also what opportunities arise to spend the funds on prospective projects. ## 13 **Material Fund Balances** The balance on the Fred & Ann Green Restricted Fund is £6,656k (2020/21: £6,139k) ## 14 **Post balance sheet events** There are no post balance sheet events having a material effect on the financial statements. ## 15 **Contingent assets** The charity recognises legacy income when it has received notification of the legacy and has sufficient certainty regarding the amount of the receipt. Where there is uncertainty over the amount of the legacy that will be received, income is not recognised until the estate has been finalised by its executors. 22