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|Foreward|||||
|---|---|---|---|---|
|Reference and Administrative||Details|||
|Trustee|||||
|Legal and Administrative|Details||||
|1.Charity Governance,|Structure and Managment||Arrangements||
|2.Goals, Objectives and|Activities||||
|3.Grant Making
Policy|||||
|4.Financial
Policy|||||
|5.Plans for future periods||||13|
|Financial Accounts||||14|
|Statements ofTrustee Responsibilities||||14|
|Independent
Examiners|Report|||15|
|Statement ofFinancial Activities||||17|
|Balance Sheet||||18|
|Statement ofCashflow||||19|
|Accounting
Policies||||20|
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||I|~|
|---|---|---|
|S Tilton|||
|C Burdon|||
|SPeak|||
|R Mackie|||
|JAustin|||
|C Lavalette|||
|RSedgwick|||
|I Burrows|||
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|Portfolio|||Value (K)||
|---|---|---|---|---|
|Fixed Interest|||185,269|13.71%|
|Property|Investments||49,427|3.66%|
|Structured|Products||49,983|3.70%|
|UK Equities|||339,617|25.13%|
|Overseas|Equity|Funds|687,083|5084%|
|Absolute|Return|Fund|4D 169|2.97%|
|Portfolio|Total||~~148|&1QJPla|
|Area||||2021|2020|
|---|---|---|---|---|---|
|UK||||44.3%|52.1%|
|USA||||30.4%|24.5%|
|Japan||||3.4%|2.9%|
|Asia Pacific||||52%|4.6%|
|Other European|||markets|5.7%|5.5%|
|Emerging||Markets||1.6%|1.4%|
|General|global||investments|9.4%|9.0%|
|eographic|al|spread ofthe portfolio was as follows:||||
|Area||||2021|2020|
|UK||||44.3o/o|52.1%|
|USA||||30.4%|24.5%|
|Japan||||3.4%|2.9%|
|Asia Pacific||||5.2%|4.6%|
|Other European|||markets|5.7%|5.5%|
|Emerging||Markets||1.6%|1.4%|
|General global investments||||9.4%|9.0%|
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||||2020/21|2020/21|2020/21|2019/20|
|---|---|---|---|---|---|---|
|||Note|Total|Total|Total|Total|
||||unrestricted|restricted|funds|Funds|
||||Funds|Funds|||
||||E'000|R'000|K'000|R'000|
|Income from:|||||||
|Donations
and legacies|||193|14|207|114|
|Investments|||31||31|40|
|Total income|||224|14|238|154|
|Expenditure
on:|||||||
|Raising funds|||(45)||(45)|(52)|
|Charitable
activities:|||||||
|—Patient welfare|||(37)|(13)|(50)|(49)|
|-Staff education|and welfare||~126|0|~126|~43|
|Total expenditure|||(208)|(13)|(221)|(144)|
|Net gains/(losses)|on investments|12|276|0|276|~100|
|Net income/(expenditure)|||292||293|(90)|
|Transfers
between funds|||0||0|0|
|Net movement
in|funds||||||
|Reconciliation
of|funds||||||
|Total funds brought
forward|||871|410|1,281|1,371|
|Total funds carried forward|||~163||||
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||||Total un-|Total|Total|Total|
|---|---|---|---|---|---|---|
||||restricted|restricted|funds|funds|
||||funds|funds|||
|||Note|31 March|31 March|31 March|31 March|
||||2021|2021|2021|2020|
||||E'000|E'000|E'000|f'000|
|Fixed Assets:|||||||
|Investments||12|987|365|1 352|1 115|
|Total fixed assets|||||||
|Current assets:|||||||
|Debtors||13|6||||
|Cash and cash equivalents||14|182||228|175|
|Total current assets|||||||
|Liabilities:|||||||
|Creditors: Amounts|falling due|15||0|||
|within one year|||||||
|Net current assets|||176|46|222|166|
|Total net assets|||||||
|The funds ofthe charity||16|||||
|Restricted income funds|||0|411|411|410|
|Unrestricted
funds|||1 163|0|1163|871|
|Total funds|||||||
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|(a) Basis ofpreparation|(a) Basis ofpreparation|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020/21|2019/20|
||||||||Note|Total|Total|
|||||||||funds|Funds|
|||||||||K'000|E'000|
|Cash flows from|operating|activities:||||||||
|Net cash provided|by (used in) operating|||activities|||17||~22|
|Cash flows from|investing|activities:||||||||
|Dividends,
interest|and rents|from investments|||||5|31|39|
|Proceeds from the|sale of investments||||||12|220|164|
|Purchase of investments|||||||12|~180|~108|
|Net cash provided|by (used in) investing|||activities||||71|95|
|Change
in cash and cash equivalents|||in|the|reporting||||73|
|Cash and cash equivalents||at the beginning|||ofthe reporting|||175|101|
|period||||||||||
|Cash and cash equivalents||at the end|of|the|reporting|period|14|228|175|
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|2a.Unrestricted
f|unds —Statement ofFinancial Activity for the|year ended 31|March 2021|
|---|---|---|---|
|||2020/21|2019/20|
|||R'000|E'000|
|Income||||
|Donations
and legacies||193|48|
|Investments||31|40|
|Total income||~24||
|Expenditure||||
|Raising funds||(45)|(52)|
|Charitable
activities||~163|~88|
|Total expenditure|||M4R|
|Net gains/(losses)|on investments|276|~100|
|Net income/(expenditure)||292|(152)|
|Transfer between|funds|||
|Net movement
in|funds|||
|Reconciliation
of|funds|||
|Total funds brought|forward|871|1,023|
|Total funds carried|forward|1,163|871|
|||2021|2020|
|Unrestricted
funds —Balance Sheet as at 31 March 2021||E'000|E'000|
|Fixed Assets||||
|Investments||987|750|
|Total fixed assets||||
|Current assets||||
|Debtors|||0|
|Cash and cash equivalents||182|130|
|Total current assets||||
|Liabilities||||
|Creditors: Amounts|falling due within one year|||
|Net current assets||176|121|
|Total net assets||||
|Total unrestricted|funds||8Z1|
|2b. Restricted fu|n|ds —Statement ofFinancial Activity forth|e year ended 31|March 202|
|---|---|---|---|---|
||||2020/21|2019/20|
||||f.'000|R'000|
|Income|||||
|Donations
and legacies|||14|66|
|Investments|||0|0|
|Total income|||||
|Expenditure|||||
|Raising funds
Charitable
activities|||0
~13|0
~4|
|Total expenditure|||||
|Net gains/(losses)|on investments||0|0|
|Net income/(expenditure)||||62|
|Transfer between|funds||||
|Net movement
in|funds||||
|Reconciliation
of|funds||||
|Total funds brought||forward|410|348|
|Total funds carried||forward|||
|Restricted funds|—Balance Sheet as at 31 March 2021||||
||||2020|2019|
||||F'000|f'000|
|Fixed Assets|||||
|Investments|||365|365|
|Total fixed assets|||||
|Current assets|||||
|Debtors|||||
|Cash and cash equivalents||||45|
|Total current assets|||||
|Liabilities|||||
|Creditors: Amounts||falling due within one year|0||
|Net current assets|||46|45|
|Total net assets|||||
|Total unrestricted||funds|||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2020/21|2019/20|
|||F'000|E'000|F'000|F'000|
|Donations|from individuals|47|0|47|42|
|Donations|from corporations|0|10|10|0|
|Funds from other NHS Charities||146|0|146|0|
|Legacies||0||4|72|
|Total||||||
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|oss incom|e|from in|v|estments||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2020/21|201920|
|||||E'000|F'000|E'000|E'000|
|Investments|listed on UK|||||||
|Stock Exchange||||||||
|Total||||||||
|alysis of|expenditure|||on raising funds||||
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|202021|2019/20|
|||||E'000|f'000|E'000|F'000|
|Investment|management||cost
9||0|9|10|
|Support costs||||36|0|36|42|
|Total||||45|0|45|52|
|alysis of|charitable|||activities||||
|||||||Total|Total|
|||||||202021|2019/20|
|||||||E'000|2'000|
|Patient welfare||||||50|49|
|Staff education||and welfare||||126|43|
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||||Raising|Charitable|Total|Total|
|---|---|---|---|---|---|---|
||||funds|activities|2020/21|2019/20|
||||E'000|E'000|E'000|E'000|
|External|audit||2|0|2|2|
|Internal|audit||||||
|Governance|||2|0|2|2|
|Administration||costs|30|0|30|29|
|Miscellaneous|||4|0|4|11|
|Total|||||||
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|13. Analysis|13. Analysis|ofcurrent debtors|||
|---|---|---|---|---|
|Debtors under||1 year|2021|2020|
||||E'000|E'000|
|Debtors|||6|0|
|Prepayments|||0|0|
|Total|||6||
|14.|Analysis|ofcash and cash equivalents|||
|Analysis ofcash and cash equivalents|||2021|2020|
||||E'000|F'000|
|Cash|in hand||182|152|
|Short|term investments||46|23|
|Total|||~22||
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|Creditors|under|1 year|2021|2020|
|---|---|---|---|---|
||||E'000|E'000|
|Other creditors|||12|9|
|Accruals
Total|||0
~2|0|
##
|unds.
In the interests ofaccount
ritten request.|ability|and tra|nsparency|a complete br|eakdown|ofall funds i|s available
upo|
|---|---|---|---|---|---|---|---|
||Fund|B/fwd|Income|Expenditure|Gains|Fund||
||||||and|C/fwd||
||||||losses|||
|Malvern
Hospital||335|4|(13)|0|326||
|Other restricted
funds||75|11|(1)|0|85||
|Other unrestricted
funds||0|(209)|(44)|276|23||
|Mental
Health
& Learning||135|51|(22)|0|164||
|Disabilities||||||||
|Integrated
Community||136|46|(7)|0|175||
|Care||||||||
|Countywide
Community||124|67|(16)|0|175||
|Care||||||||
|Children's
and Specialist||133|57|(13)|0|177||
|General Trust-Wide||343|99|(45)|0|397||
|NHS Charities Together||0|112|L660|0|52||
|Grant||||||||
|17. Reconciliation ofnet income/(expenditure)|||||to net cash flow from|||
|operating
activities|||||2020/21||2019/20|
|||||||K'000|E'000|
|Net income/(expenditure)||||||||
|(as per the Statement of Financial Activities)||||||292|(90)|
|Adjustments
for:||||||||
|Depreciation
charges||||||0|0|
|(Gains)/losses
on investments||||||(276)|100|
|Dividends,
interest and rents|from|investments||||(31)|(39)|
|Loss/(profit)
on the sale offixed assets||||||0|0|
|(Increase)/decrease
in stocks||||||0|0|
|(Increase)/decrease
in debtors||||||(6)|7|
|Increase/(decrease)
in creditors||||||3|0|
|Net cash provided
by (used|in) operating||activities|||~18|~22|