| for the year ended Contents |
31 March 2021 | |
|---|---|---|
| Trustee's Report |
3 | |
| Statement ofTrustee's | responsibilities. | .13 |
| Independent Auditor's |
Report. | .14 |
| Statement of Financial | Activities. | .1S |
| Balance Sheet. | .19 | |
| Statement ofCash Flows | 20 | |
| Notes to the accounts | 21 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||
| Note | Funds | Funds | Funds | Funds | ||||||
| g000 | K'000 | 8000 | K'000 | E'000 | 6000 | |||||
| income from: | ||||||||||
| Donations | 312 | 97 | 409 | 482 | ||||||
| Legacies | 335 | 263 | 598 | 9 | ||||||
| Grants | 178 | 178 | ||||||||
| 647 | 538 | 1,185 | 491 | 2 | 493' | |||||
| Investments | 26 | 6 | 32 | 48 | 6 | 54 | ||||
| Tots I income | 673 | 544 | 1,217 | 539 | 8 | 547 | ||||
| Expenditure on: |
||||||||||
| Raising funds: | ||||||||||
| Other trading costs | (3) | (3) | (44) | (44) | ||||||
| Investrpent management |
costs | (5) | (1) | (8) | ||||||
| Charitable activities |
4 | (1,639) | (514) | (2,153) | (975) | (27) | (1,002) | |||
| Total expenditure | (1,642) | (514) | (2,156) | (1,024) | (28) | (1,052) | ||||
| Gains on investments | 724 | (18) | 21 | |||||||
| Net movement | in funds | (311) | 96 | (215) | (503) | 1 | (502) | |||
| Fund balances | brought forward | 3,571 | 546 | 4,117 | 4,074 | 545 | 4,619 | |||
| Fund balances carried | forward | 3,260 | 642 | 3,902 | 3,571 | 546 | 4,117 |
| Balance She | et as at 31 March 202 | 1 | ||||
|---|---|---|---|---|---|---|
| Note | 2021 | 2020 | ||||
| R'000 | f'000 | f'000 | 6000 | |||
| Fixed Assets | ||||||
| Investments | 3,497 | 3,440 | ||||
| 3,497 | 3,440 | |||||
| Current Assets | ||||||
| Debtors | 323 | 9 | ||||
| Cash at Bank and in | Hand | 768 | 1,445 | |||
| 1,091 | 1,454 | |||||
| Creditors: Amounts | Falling Due Within One Year | (686) | P?7) | |||
| Net Current Assets | 405 | 677 | ||||
| Total Assets Less Current Liabilities | 3,902 | 4,11? | ||||
| Tota I Net Assets | 3,902 | 4,117 | ||||
| Funds ofthe Charity | ||||||
| Restricted Income Funds |
10 | 642 | 546 | |||
| Designated Income Funds |
10 | 3,174 | 3,529 | |||
| General income Funds |
10 | 86 | 42 | |||
| Total Charity Funds | 3,902 | 4,117 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | f.'000 | F000 | ||||
| Cash inflow from operating activities: |
||||||
| Net cash | provided by (used in) operating |
activities | A | (1,376) | (70) | |
| Cash inflow from investing activities: |
||||||
| Dividends | and interest from investments |
32 | 54 | |||
| Proceeds | from the disposal of investments | 751 | 793 | |||
| Purchase | ofinvestments | (84) | (87) | |||
| Net cash | provided by (used in) investing |
activities | 699 | 760 | ||
| Change | in cash and cash equivalents | in | the year | (677) | 690 | |
| Cash and cash equivalents at 1 April 2020 |
1,445 | 755 | ||||
| Cash and cash equivalents at 31 March |
2021 | 768 | 1,445 |
| A | Reconciliation ofnet movement |
in funds | in funds | to net cash flow from | operating | activities | |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| 8'000 | F'000 | ||||||
| Net movement in funds {asper the |
statement | offinancial activities) | (215) | (502) | |||
| Adjustments for: |
|||||||
| (Gains) losses on investments | (724) | (3) | |||||
| Dividends and interest from investments |
(32) | (54) | |||||
| (Increase) decrease in debtors |
(314) | 306 | |||||
| Increase (decrease) in creditors |
(91) | 183 | |||||
| Net cash provided by.(used in) operating |
activities | {1,376) | {70) | ||||
| B | Analysis of cash and cash equivalents | ||||||
| 2020 | 2020 | ||||||
| E'000 | R'000 | ||||||
| Cash at bank and in hand | 268 | 1,445 | |||||
| Cash held by investment managers |
500 | ||||||
| Total cash and cash equivalents | 768 | 1,446 |
| 2. Analysis ofDon | ations, Legacies a | nd Grants | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | |||
| R'000 | K'000 | R'000 | K'000 | K'000 | 8000 | |
| Donations | 312 | 97 | 409 | 482 | 2 | 484 |
| Legacies | 335 | 263 | 598 | 9 | 9 | |
| Grants receivable | 178 | 178 | ||||
| 647 | 538 | 1,185 | 491 | 2 | 493 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | |||
| F'000 | F'000 | R'000 | K'000 | K'000 | E'000 | |
| NHSCT | stage 1 grant 1stpayment | 32 | 32 | |||
| NHSCT | stage 1 grant 2nd payment | 46 | 46 | |||
| NHSCT | BAME grant | 50 | 50 | |||
| NHSCT | second wave funding | 50 | 50 | |||
| 178 | 178 |
| 3. Allocatio | n ofSupport Costs and Overheads | |||
|---|---|---|---|---|
| 2021 | ' | 2020 | ||
| Total | Total | |||
| 8000 | R'000 | |||
| Accountancy | support | 49 | 48 | |
| External audit | 9 | 12 | ||
| Bank charges | 1 | 2 | ||
| Software maintenance | 3 | 4 | ||
| 62 | 66 |
| The table | below shows the categories of programmes | below shows the categories of programmes | below shows the categories of programmes | that the Charity has supported | that the Charity has supported | that the Charity has supported | during | ||
|---|---|---|---|---|---|---|---|---|---|
| the financial year under review. | |||||||||
| 2021 | 2020 | ||||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | Funds | ||||||
| f'000 | R'000 | E'000 | f,'000 | 2000 | K'000 | ||||
| 'Patients' | welfare and amenities | 39 | 52 | 91 | 205 | 205 | |||
| Staff welfare and education | 54 | 170 | 224 | 113 | 118 | ||||
| Purchase | ofclinical equipment | 458 | 458 | 148 | 15 | 163 | |||
| Enhancing | patient environment | 998 | 281 | 1,279 | 409 | 409 | |||
| Patient education | 1 | 1 | |||||||
| Research | 39 | 39 | 40 | 40 | |||||
| Support costs | 51 | 62 | 59 | 66 | |||||
| 1,639 | 514 | 2,153 | 975 | 27 | 1,002 |
| 31 March | 31 March | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6'000 | K'000 | ||||
| Listed Investments | |||||
| Market value at 1 April | 3,440 | 4,143 | |||
| Additions to investments |
at cost | 84 | 87 | ||
| Disposals at book value | (751) | (720) | |||
| Net Unrealised investment |
gains/(losses) | 724 | (7o) | ||
| Market value at 31 March | 3,497 | 3,440 | |||
| Cash held by investment | managers | for re-investment | |||
| Carrying value at 31 March |
3;497 | 3,440 | |||
| Historic cost of investments | at 31 March | 2,854 | 2,727 |
| nvestments held at 31 |
INarch comprise | d the following: | |
|---|---|---|---|
| 31 March | 31March | ||
| 2021 | 2020 | ||
| K'000 | K'000 | ||
| UK common investment | funds | 1,042 | 825 |
| Overseas hedge funds | 2,455 | 2,615 | |
| 3,497 | 3,440 |
| 7. Total | Gr | oss Incom | e from I | nvestments | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | ||||
| Funds | Funds | Total | ||||
| K'000 | f.'000 | f,'000 | ||||
| Return on | investments | held: | ||||
| UK common | investment | funds | 25 | 31 | ||
| Overseas | hedge funds | |||||
| Bank interest | ||||||
| 26 | 32 | |||||
| Unrestricted | Restricted | 2020 | ||||
| Funds | Funds | Total | ||||
| 6'000 | K'000 | Z'000 | ||||
| Return on | investments | held: | ||||
| UK common | investment | funds | 27 | 4 | 31 | |
| Overseas | hedge funds | 14 | 2 | 16 | ||
| Bank interest | ? | 7 | ||||
| 48 |
| Debtors | |||
|---|---|---|---|
| 31Ilarch | 31 March | ||
| 2021 | 2020 | ||
| F'000 | f'000 | ||
| Amounts falling due within one year: |
|||
| Prepayments | and accrued income | 314 | |
| Other debtors | 9 | ||
| Total debtors | 323 |
| Cash | at | Bank | and in Han | d | ||
|---|---|---|---|---|---|---|
| 31 | 31 | |||||
| INarch | INarch | |||||
| 2021 | 2020 | |||||
| 6000 | K'000 | |||||
| Cash | at | bank | and in hand | 766 | 1,445 | |
| Cash | in | hand | represented | petty cash ofF200 (2020 -8200). |
| Creditors | |||
|---|---|---|---|
| 31 March | 31March | ||
| 2021 | 2020 | ||
| 8000 | f'000 | ||
| Amounts | falling due within one year: | ||
| Amounts | due to related parties | 191 | 3 |
| Other creditors | 3 | 2 | |
| Grants payable | 483 | 760 | |
| Accruals | 9 | 12 | |
| 686 | 777 |
| Balance at | Balance at | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 April | Gains and | 31INarch | |||||||||
| 2020 | Income | Expenditure | Losses | 2021 | |||||||
| E'000 | E'000 | F000 | f'000 | R'000 | |||||||
| Restricted | |||||||||||
| Stroke Services Development | Charitable | Fund RHCH | 24 | 267 | (67) | 9 | 233 | ||||
| Winchester Hospice Fund |
263 | 2 | (283) | 18 | |||||||
| RHCH Staff Benefit | 178 | 7 | (3) | 18 | 200 | ||||||
| Arthritis Research - Legacy |
I H Spain | 81 | 1 | (2) | 8 | 88 | |||||
| Covid-19 | 217 | (150) | 10 | 77 | |||||||
| BAME StaffSupport | 50 | (9) | 3 | ||||||||
| RHCH Patient Benefit | |||||||||||
| Total restricted funds | (514) | ||||||||||
| Unrestricted | |||||||||||
| Designated funds |
|||||||||||
| Magic Wand Appeal | 52 | (12) | 5 | 46 | |||||||
| Orthopaedic Department |
General Purposes | 480 | 14 | 46 | 544 | ||||||
| RHCH Chapel | 125 | (6) | 11 | 132 | |||||||
| Pseudomyxoma/Colorectal | Research | 173 | 47 | (31) | 16 | 205 | |||||
| Clinical Haematology | 71 | (51) | 6 | 2? | |||||||
| Liver Fund | 157 | (14) | 16 | 163 | |||||||
| Oncology Unit (Previously |
EH | Unit orWessex) | 146 | 84 | (25) | 17 | 222 | ||||
| Ward C2 | 51 | (1) | . 6 | 60 | |||||||
| Cardiology Education |
Fund | 99 | (4) | 10 | 106 | ||||||
| Paediatric Wards NHH |
77 | (37) | 8 | 51 | |||||||
| Coronary Care Unit |
71 | (5) | 7 | 75 | |||||||
| Winchester Medical Foundation |
Charitable | Fund | 317 | (275) | 22 | 64 | |||||
| Winchester Hospice Fund | 77? | 152 | (902) | 31 | 58 | ||||||
| Other designated | 933 | 125 | (83) | 446 | 1,421 | ||||||
| Total designated funds |
3,529 | 430 | (1,432) | 3,174 | |||||||
| General Funds | 42 | 243 | (210) | 86 | |||||||
| Total unrestricted funds |
3,571 | 673 | (1,642) | 3,260 | |||||||
| Total Funds | 4,117 | 1,217 | (2,156) | 724 | 3,902 |
| Balance at | Balance at | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 April | Gains and | 31 Nlarch | |||||||||
| 2019 | Income | Expenditure | Losses | 2020 | |||||||
| f 000 | F000 | 6000 | F000 | R'000 | |||||||
| Restricted | |||||||||||
| Stroke Services Development | Charitable | Fund RHCH | 31 | (9) | 24 | ||||||
| Winchester Hospice |
Fund | 250 | (4) | 14 | 263 | ||||||
| RHCH Staff Benefit | 177 | (6) | 178 | ||||||||
| Arthritis Research - |
Legacy | I H Spain | 79 | (1) | 81 | ||||||
| RHCH Patient Benefit | 8 | (8) | |||||||||
| Total restricted funds | (28) | 21 | |||||||||
| Unrestricted | |||||||||||
| Designated funds |
|||||||||||
| Magic Wand Appeal | 71 | (23) | 52 | ||||||||
| Orthopaedic Department |
General Purposes | 524 | (64) | 13 | 480 | ||||||
| RHCH Chapel | 136 | 3 | (16) | 2 | 125 | ||||||
| Pseudomyxoma/Coiorectal | Research | 156 | 25 | {12) | 4 | 173 | |||||
| Clinical Haematology | 87 | 21 | (39) | 2 | 71 | ||||||
| Liver Fund | 178 | 21 | (47) | 5 | 157 | ||||||
| Oncology Unit (Previously |
EH Unit or Wessex) | 133 | 17 | (9) | 5 | 146 | |||||
| Ward C2 | 31 | 22 | (3) | 1 | 51 | ||||||
| Cardiology Education |
Fund | 130 | 2 | {36) | 3 | 99 | |||||
| Paediatric Wards NHH |
91 | 8 | (24) | 2 | 77 | ||||||
| Coronary Care Unit |
75 | 3 | {9) | 2 | 71 | ||||||
| Winchester Medical |
Foundation Charitable |
Fund | 654 | 21 | (375) | 17 | 317 | ||||
| Winchester Hospice | Fund | 615 | 196 | (54) | 20 | 777 | |||||
| Other designated | 1,131 | 175 | (276) | (97) | 933 | ||||||
| Total designated funds |
4,012 | 523 | (987) | (19) | 3,529 | ||||||
| General Funds | 62 | 16 | {37) | 42 | |||||||
| Total unrestricted | funds | 4,074 | 539 | (1,024) | (18) | 3,571 | |||||
| Total Funds | 4,619 | 547 | (1,052) | 4,117 |
| Fund balan | ces as at 31 INarch 20 | 21 are rep | resented |
by: | |||
|---|---|---|---|---|---|---|---|
| General | Restricted | 2021 | General | Restricted | 2020 | ||
| Funds | Funds | Total | Funds | Funds | Total | ||
| f.'000 | f'000 | f'000 | f'000 | f'000 | R'000 | ||
| Investments | 3,337 | 160 | 3,497 | 3,073 | 367 | 3,440 | |
| Current Assets | 350 | 741 | 1,091 | 1,242 | 212 | 1,454 | |
| Creditors: Amounts | falling due within one year | (427) | (259) | (686 | (744) | (33) | (777) |
| 3,260 | 642 | 3,902 | 3,571 | 546 | 4,117 |