# **HERTFORDSHIRE COMMUNITY NHS TRUST**
**-**
## **FUNDS HELD ON TRUST**
# **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**2020/21**
## Contents Page
|Registration Details
Structure, Governance and Management
Trustees Membership
Structure Chart of Accountability to Trustees
History of the Charity
Financial Review of the Year 2020/21
Fund Balances as at 31 March 2021
Review of Activities 2020/21
Forward Look
Annual Accounts
|Page
3
4-5
6
7
8-9
10-13
13
13
14
15-48|
|---|---|
## **REGISTRATION DETAILS**
Full Legal Name of Charity
Hertfordshire Community NHS Trust – Funds Held on Trust.
Working Name of Charity
Hertfordshire Health Charitable Funds.
Registered number of Charity 1061325
Date of Registration 18 January 2007
Value Added Tax
The Charity is not separately registered for Value Added Tax (VAT) purposes
Principal Office of Charity Hertfordshire Community NHS Trust Unit 1A Howard Court 14 Tewin Road Welwyn Garden City Hertfordshire AL7 1BW
Day to Day Administration of the Charity carried out by ELFS Shared Services Viscount House Commercial Road Darwen Lancashire BB3 0FG Independent Examiners (Statutory) Grant Thornton UK LLP 30 Finsbury Square, London EC2A 1AG Auditors (Internal) RSM Risk Assurance Services LLP The Pinnacle 170 Midsummer Boulevard Milton Keynes Bucks MK9 1BP Bankers Lloyds TSB Bank plc 49 Howardsgate Welwyn Garden City Hertfordshire AL8 6BA
Royal Bank of Scotland Group 36 St. Andrew Square Edinburgh EH2 2AD
## **STRUCTURE, GOVERNANCE AND MANAGEMENT OF THE CHARITY**
Hertfordshire Community NHS Trust Board acts as a Corporate Trustee of Hertfordshire Health Charitable Funds.
## **OBJECTS OF THE CHARITY**
The Trustees shall hold the trust fund upon trust to apply the income and, at their discretion, so far as may be permissible, the capital for any charitable purpose or purposes relating to the National Health Service within the area served by Hertfordshire Community NHS Trust.
Hertfordshire Health Charitable Funds are registered at the Charity Commission for the following purposes:
- i. General charitable purposes ii. Education and Training iii. Medical/Health/Sickness iv. Sport and Recreation
The beneficiaries are listed as:
- i. Other defined groups
The method of operation may be either to make grants to individuals or to make grants to organisations and to act as an umbrella or resource buddy. In practice when the charity makes grants to organisations they are likely to be NHS organisations.
## **GOVERNING DOCUMENT / NATURE OF GOVERNING BODY**
The Charity’s governing document is a Declaration of Trust, made by the Trustees of the Charitable Fund on 21 February 1997.
With effect from 1 April 2002, the Charity was administered by South East Hertfordshire PCT, acting as a single corporate Trustee until 30 September 2006 in accordance with Statutory Instrument No.597.
From 1 October 2006, with the merger of the eight Hertfordshire PCTs into East and North Hertfordshire PCT and West Hertfordshire PCT, East and North Hertfordshire PCT became the Trustee until 31 March 2010.
As from 1 April 2010 following the dissolution of East & North Hertfordshire PCT and West Hertfordshire PCT and the establishment of Hertfordshire PCT, all the assets of East & North Hertfordshire PCT were transferred to Hertfordshire PCT.
With the establishment of Hertfordshire Community NHS Trust on 1 November 2010 the assets of Hertfordshire Charitable Funds were transferred from Hertfordshire PCT to the Community NHS Trust and the NHS Trust’s Board operates as the corporate trustees.
Hertfordshire PCT was abolished on 31 March 2013 in accordance with the Health and Social Care Act 2012. All balances on PCT funds had been expended by this date.
During the 2020/21 Financial year, some funds previously received and administered by Hertfordshire Community NHS Trust Charitable Funds were transferred to Central London Community Hospitals NHS Charitable Funds; where the funds were related to the operational services, that had transferred to Central London Community Hospitals NHS Trust during 2019/20.
## **RECRUITMENT AND APPOINTMENT OF TRUSTEE**
Hertfordshire Community NHS Trust– Funds Held on Trust is governed by the Board of Hertfordshire Community NHS Trust which operates as a corporate trustee. The Board comprises of Non-Executive Directors and Executive Directors of Hertfordshire Community NHS Trust, and their appointment and definition of each is as follows:
Non-Executive Director
Appointed by the NHS England / Improvement, normally for a fixed term period up to four years, following open advertisement.
Executive Director
Appointed by the Trust on standard employment contracts, following open advertisement; the appointments are terminable with notice in accordance with normal employment legislation.
## **HERTFORDSHIRE COMMUNITY NHS TRUST TRUSTEES WHO SERVED DURING THE YEAR 2020/21**
|**Name**|**Name**|**Title**|**Dates**|
|---|---|---|---|
|Dr Linda Sheridan||Trust Chair|1/4/20-31/3/21|
|Sarah Wren||Non-Executive Director|1/4/20-31/3/21|
|Richard Rolt||Non-Executive Director|1/4/20-31/3/21|
|Jeff Phillips||Non-Executive Director|1/4/20-31/3/21|
|Luke Edwards||Associate Non-Executive Director - Non-voting|1/6/20-31/3/21|
||Executive Directors|||
|Clare Hawkins||Chief Executive Officer|1/04/20-31/10/20|
|Elliot Howard-Jones||Chief Executive Officer|1/11/20-31/3/21|
|David Bacon||Director of Finance|1/4/20-31/3/21|
|Dr Elizabeth Kendrick||Medical Director|1/4/20-31/3/21|
|Sarah Browne||Director of Nursing and Quality|1/4/20-31/3/21|
## **STRUCTURE CHART**
## **Hertfordshire Community NHS Trust (The Trustees)**
**Individual Fund Managers**
## **THE HISTORY OF HERTFORDSHIRE HEALTH CHARITABLE FUNDS 2001/02 TO 2020/21**
With the dissolution of the North West Thames Regional Health Authority on the 1st April 1996, funds totalling £381,000 and Potters Bar land were transferred to the two Hertfordshire Health Authorities as follows: -
East and North Hertfordshire Health Authority £204,000 West Hertfordshire Health Authority £177,000 + Potters Bar land
On 1 April 2001, £476,000 was transferred to Hertfordshire Health Authority as a result of the merger of the East & North Hertfordshire and West Hertfordshire Health Authorities. By the end of 2001/02 the funds totalled £594,000; the increase was largely due to clinical services and the relevant designated charitable funds transferring from Hertfordshire and Essex NHS Trusts to the Hertfordshire Primary Care Trusts in 2001.
Some of the transferred unrestricted funds may go back to the start of the National Health Service.
## **SOUTH EAST HERTFORDSHIRE PRIMARY CARE TRUST**
As South East Hertfordshire Primary Care Trust already hosted Financial Services for the 8 Primary Care Trusts (PCT) in Hertfordshire it was therefore considered to be in the best position to also manage the financial arrangements of the charitable funds and was appointed the corporate Trustee as from April 2002.
It was agreed with the Charity Commission that the existing Registered Number 1061325 should be retained and that the Hertfordshire Health Charitable Funds should be recorded as a working name so that potential donors could trace the charity on the register.
On 1 October 2006 the eight Primary Care Trusts in Hertfordshire then merged to create two Primary Care Trusts, East & North Hertfordshire, and West Hertfordshire. South East Hertfordshire PCT, along with three other PCTs, merged to form East & North Hertfordshire Primary Care Trust.
## **EAST AND NORTH HERTFORDSHIRE PRIMARY CARE TRUST**
It was agreed that East and North Hertfordshire Primary Care Trust should host the charitable funds and manage its financial arrangements as the successor organisation to South East Hertfordshire PCT.
In order to operate this change a Transfer of Staff, Property, Rights and Liabilities Order 2006 was requested and received.
The Charity Commission was notified, and it was agreed that the existing Registered Number would be retained and that the working name of Hertfordshire Health Charitable Funds would also remain.
On 1 October 2006 the value of the funds at the time of the merger was £609,000.
## **HERTFORDSHIRE PRIMARY CARE TRUST**
On 31 March 2010 East and North Hertfordshire Primary Care Trust and West Hertfordshire Primary Care Trust were dissolved and Hertfordshire Primary Care Trust was established on 1 April 2010. As the successor to the dissolved Primary Care Trusts it was agreed that Hertfordshire Primary Care Trust should host and manage the financial arrangements of the charitable funds whilst retaining the working name and registered number. On 1 April 2010 the value of the funds at the time of the merger of the Primary Care Trusts was £681,000.
Under the Health and Social Care Act 2012 Primary Care Trusts were abolished on 31 March 2013. All balances on PCT funds had been expended by this date.
## **HERTFORDSHIRE COMMUNITY NHS TRUST**
With the establishment of Hertfordshire Community NHS Trust on 1 November 2010, it was agreed that the Community NHS Trust should host the charitable funds and manage the financial arrangements. This was based on the NHS Trust employing the majority of staff and the majority of funds (restricted and unrestricted) relating to Community Trust services. The working name of Hertfordshire Health Charitable Funds and the registration number remained the same. On 1 November 2010 the value of the funds at the time of the transfer to Hertfordshire Community NHS Trust was £677,723. The funds summary as at 31 October 2010 was as follows:
|Opening Balance – 1 April 2010
Donations
Legacies
Investment Income – Interest
Charitable Expenditure
Closing Balance – 31 October 2010|£k
681
41
8
1
(53)|
|---|---|
||**678**|
As from 1 November 2010 a General Fund was set up in respect of Hertfordshire Community NHS Trust and £122,201.32 was transferred from the General Funds of the former East & North Hertfordshire and West Hertfordshire PCTs. The value of the transfer of funds was based on the apportionment of the total number of staff employed by each organization as at 31 October 2010.
## **FINANCIAL REVIEW OF THE YEAR 2020/21**
## **1.0 INTRODUCTION**
- **1.1** The attached Statement of Financial Activities details income and expenditure in respect of the Hertfordshire Health Charitable Funds for the year ended 31 March 2021. In addition, a Balance Sheet as at 31 March 2021 is also attached.
- **1.2** The Statements represent part of the information that will be submitted to the Charity Commission for the financial year 2020/21, following an independent examination, as gross income is not more than £1,000k. The audit exemption criteria are that gross income is not more than £1million or that gross assets are not more than £3.26million and gross income is not more than £250k.
**1.3** An attached Statement of Fund Balances as at 31 March 2021 is also included, sub-totalled by service to show funds within each service. The full set of the financial statements, examined by an independent examiner, have been prepared in accordance with applicable United Kingdom accounting standards and the Statement of Recommended Practice “Accounting and Reporting by Charities” in accordance with the Financial Reporting Standard (FRS 102) issued on 16 July 2014. Copies of the financial statements can be obtained from the Deputy Director of Finance, Systems and Estates, Hertfordshire Community NHS Trust, Howard Court,14 Tewin Road, Welwyn Garden City, AL7 1BW.
## **2.0 KEY FACTS 2020/21**
**2.1** The Trust is a member of the NHS Charities Together. The Charity is a forum for nationwide fundraising and advocacy campaigns, provides advice and guidance to its members, bespoke conferences and training days covering issues and development opportunities for NHS Charities, as well as access to online resources and support through exclusive member pages on the website. NHS Charities together also provides the collective voice of NHS Charities and impact they make. Membership gives the Committee exclusive access to the NHS Big Tea campaign, which is the largest fundraising collaboration of individual charities nationally.
**2.2** The Trust has agreed to host the NHS Charities Together funds for Hertfordshire and West Essex Integrated Care System. This has significantly increased the income and expenditure through the Trust in 2020/21.
- **2.3** The Trust has received £623k incoming resources; an increase of £587k from last year, including income received and distributed for the NHS Charities Together.
**2.4** Donations are received on an ad-hoc basis and are not planned or agreed but reflect the wishes of former patients and patients’ relatives. In 2020/21, additional income was received and distributed for the NHS Charities Together, which has made a material difference to the scale of transactions through the Charity
**2.5** Legacies are usually received unexpectedly from solicitors. In 2020/21 £11k in legacies were received.
Page **10** of **48**
- **2.6** Total resources expended have increased by £328k in 2020/21, this included expenditure of c£78k on Covid Recovery and £240k on Community Welfare, on behalf of NHS Charities Together.
- **2.7** There was no debtor balance in 2020/21 (2019/20: £0k).
- **2.8** Investments increased by £1k in 2020/21 (2019/20: £3k)
- **2.9** Cash at bank and in hand has increased £347k (2019/20: £101k)
- **2.10** Creditors are £105k (2019/20: £8k). This comprises balances owed to various suppliers.
- **2.11** With the establishment of Hertfordshire Community NHS Trust from 1 November 2010 the hosting arrangements and management of financial arrangements were transferred to the Trust. The Board of the Trust acts as the corporate trustees of the Charitable Funds from this date. With the abolishment of the PCT on 31 March 2013 all funds relate to Hertfordshire Community NHS Trust.
## **3.0 GOVERNANCE COSTS**
- **3.1** Management and administration were provided in part by ELFS Shared Services.
- **3.2** Management and administration charged is apportioned across all funds as a percentage of each fund’s balance in relation to the total funds’ balance. The charge is transferred to the General fund.
## **4.0 TRANSACTIONS OVER £5k**
- **4.1** The Trustees have requested to be notified of individual income and expenditure over £5k. In addition, Fund Managers must seek prior approval from the Charitable Funds Committee for any proposed expenditure of £5k and above and have Director of Finance approval, unless it relates specifically to the donation of equipment by the Friends of hospitals.
## **4.2 INCOME**
In 2020/21 there was 26 individual donations over £5k; (2019/20: £6k). Donations and legacies income was £50k in 2020/21 (2019/20: £17k). The remainder of the income of £556k was from NHS Charities Together.
## **4.3 EXPENDITURE**
In 2020/21 there was 26 individual items of expenditure over £5k for of which 10 were on behalf of NHS Charities Together (2019/20: £6k).
## **5.0 COMMUNITY TRUST FUND BALANCES AS AT 31 March 2021**
Detailed transaction reports are available online to all Fund Managers providing the current position.
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## **6.0 RESERVES POLICY**
Extracts from final Reserves policy first dated and agreed on 19 September 2007 and as amended on 22 April 2009:
There is no legal definition of "reserves" in relation to charities and no specific legal rule about the amount or proportion of a charity's income funds which it is allowed to hold as a reserve.
This definition of reserves excludes:
- permanent endowment
- expendable endowment
- restricted income funds
- designated funds
- fixed assets held for charity use which could only be realised by disposal.
## **Common reasons for holding reserves**
The following is a list of common reasons for holding reserves:
- To ensure continuity in the event of a large variation of income
- To spend in emergencies
- To pay for specific future projects
- To bridge cash flow problem and other risks (e.g. winding up)
- To cover specific liabilities, e.g. pension/contractual commitments and any potential costs of winding-up
A free reserve would need to allow for payment of creditors and any winding-up costs, without impacting on designated funds.
## **Trust Policy on free reserves**
It was agreed by the Trustees in April 2009 that a reasonable level of reserves for this Charity, based on the above considerations, is estimated to be £15,000.
As at the 31 March 2021, the total funds of the Charity were £792k, being £63k Endowment fund, £266k Restricted fund and £463k Unrestricted fund. There are no fixed assets, no Debtors and Creditors were £105k.
The unrestricted funds balance of £463k comprises of 22 designated funds. The restricted funds balance of £266k also comprises of 19 designated funds. There is one Endowment fund for the value of £63k.
## **Expenditure policy**
As in previous years Fund Managers have been encouraged to utilise all funds for the various purposes of the charity. This should be taken to include all areas of expenditure of the constituent
Page **12** of **48**
bodies, except for any expenditure that is necessary for the achievement of statutory functions. (Expenditure which is necessary for the achievement of statutory functions must be funded from exchequer funds, not from funds held on Trust.)
## Restricted funds
Although there is clearly a surplus of non-restricted reserves against the above criteria, the level of restricted funds is reviewed on an on-going basis.
## **7.0 MATERIAL INVESTMENTS**
- **7.1** The Charitable Funds hold no fixed asset investments but do hold short-term deposits with Lloyds Banks plc, which are included in Current Assets.
## **8.0 RISK MANAGEMENT**
- **8.1** Major risks to which the charity may be exposed, as identified by the Trustees, have been reviewed and procedures have been established to manage those risks.
The risks that have been considered include, but are not limited to:
- Governance and management
- Operational
- Finance
- External factors
The most significant risks to which the charity may be exposed are:
- The Charity exhausts its funds
- Income raised does not appear in the funds accounts
- Low investment rates
- Expenditure is spent outside of the restrictions contained within the relevant designated funds
## **FUNDS OF HERTFORDSHIRE HEALTH CHARITABLE FUNDS AS AT 31 March 2021**
||**Unrestricted**|**Restricted**|**Endowment**|**Total at**|
|---|---|---|---|---|
||**Fund**|**Fund**|**Fund**|**31 March**|
|||||**2021**|
||**£000**|**£000**|**£000**|**£000**|
|Total Funds|463|266|63|**792**|
Page **13** of **48**
## **REVIEW OF OBJECTIVES & CHARITABLE ACTIVITIES 2020/21**
When planning activities for the year the Trustees have considered the Charity Commission’s guidance on public benefit and in particular the specific guidance for the advancement of health and saving of lives. This has been demonstrated by the purchase of medical equipment to provide relief to the sick and promote health.
Principal charitable activities, in the form of resources expended, are detailed
in the table below
## **FORWARD LOOK**
The accounts demonstrate various large sums unspent during the year. The restricted and endowment funds must be spent in accordance with the specific purposes of these funds. The Charitable Funds Committee continues to review how funds can be utilised more effectively in the coming year.
The Trust is a member of NHS Charities Together. The Charity is a forum for nationwide fundraising and advocacy campaigns, provides advice and guidance to its members, bespoke conferences and training days covering issues and development opportunities for NHS Charities, as well as access to online resources and support through exclusive member pages on the website. NHS Charities Together is also responsible for administering and distributing the funds raised by Captain Tom Moore. It provides the collective voice of NHS Charities and impact they make. Membership gives the Committee exclusive access to the NHS Big Tea campaign, which is the largest fundraising collaboration of individual charities nationally.
In 2020/21 The trustees of NHS Charities Together have authorised various grants to HCT as an individual organisation and to the Herts and West Essex ICS which HCT are holding and administering on behalf of the ICS.
Further Grants will be dependent on reporting of scheme spend and activity to date, to NHS Charities Together and to the continued success of the appeal and at the Trustee’s discretion.
Page **14** of **48**
## FUNDS HELD ON TRUST
ANNUAL ACCOUNT 2020-21
## NATIONAL HEALTH SERVICE
## HERTFORDSHIRE COMMUNITY NHS TRUST
Page **15** of **48**
## **NATIONAL HEALTH SERVICE**
## **HERTFORDSHIRE COMMUNITY NHS TRUST**
## **FUNDS HELD ON TRUST ANNUAL ACCOUNT 2020-21**
The accounts of the Funds Held on Trust by the Community NHS Trust
## **FOREWORD**
These accounts have been prepared by the Trustees in accordance with applicable law, namely the Charities Acts 1993, 2006 and 2011, and United Kingdom Accounting Standards.
## **STATUTORY BACKGROUND**
The Community NHS Trust is the corporate trustee of the funds held on trust under paragraph 12(2) of Schedule 5A of the NHS Act 1977 (as inserted by the Health Act 1999)
The Hertfordshire Community NHS Trust charitable funds held on trust are registered with the Charity Commission as one umbrella fund, but they are designated to Hertfordshire Community NHS Trust; they were transferred to East and North Hertfordshire Primary Care Trust from 1 October 2006 and then to Hertfordshire PCT on 1 April 2010 before being transferred to Hertfordshire Community NHS Trust on 1 November 2010; they also include funds transferred from the former Hertfordshire Health Authorities that do not relate to the hospitals below (received from the former North West Thames Regional Health Authority); they include funds in respect of the following hospitals:-
Cheshunt Community Hospital Danesbury Home Herts and Essex Hospital Queen Victoria Memorial Hospital
During the 2020/21 Financial year, some funds previously received and administered by Hertfordshire Community NHS Trust Charitable Funds were transferred to Central London Community Hospitals NHS Charitable Funds; where the funds were related to the operational services, that had transferred to Central London Community Hospitals NHS Trust during 2019/20.
## **MAIN PURPOSE OF THE FUNDS HELD ON TRUST**
The main purpose of the charitable funds held on trust is to apply income for any charitable purpose relating to the National Health Service wholly or mainly for the services provided by the Hertfordshire Community NHS Trust.
Page **16** of **48**
## **Statement of Trustee’s responsibilities in respect of the Trustee’s Annual Report and Accounts**
Under charity law, the Trustee is responsible for preparing the Trustee’s annual report and accounts for 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 Trustee:
• selects suitable accounting policies and then apply them consistently
• makes judgments and estimates that are reasonable and prudent
• states whether the recommendations of the SORP FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements
• states whether the financial statements comply with the trust deed, subject to any material departures disclosed and explained in the financial statements
• prepares the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
The Trustee is required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. The Trustee is 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 Trustee to ensure that, where any statements of accounts are prepared by the Trustee under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision.
The Trustee has general responsibility for taking such steps as are reasonably open to the Trustee to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. Signed on behalf of the Trustee:
Elliot Howard-Jones, Chief Executive
Dated: 27[th] January 2022
David Bacon, Director of Finance Dated: 27[th] January 2022
Page **17** of **48**
## Independent examiner's report to the corporate trustee of Hertfordshire Community NHS Funds Held on Trust
I report on the accounts of Hertfordshire Community NHS Funds Held on Trust (the "charity") for the year ended 31 March 2021, which are set out on pages 20 – 48.
## **Independent examiner's statement**
In connection with my examination, no other matter has come to my attention:
- which gives me reasonable cause to believe that in any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act 2011;
to prepare accounts which accord with the accounting records; and
to comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
have not been met, or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a comparison of the accounts with the accounting records kept by the charity. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as corporate trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement above.
## **Respective responsibilities of corporate trustee and examiner**
The charity’s corporate trustee is responsible for the preparation of the accounts. The charity’s trustee considers that an audit is not required for this year under section 149(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 149 of the Charities Act 2011;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 149(5) of the Charities Act 2011; and
to state whether particular matters have come to my attention.
Your attention is drawn to the fact that the charity's trustee has prepared the charity's accounts in accordance with the Statement of Recommended Practice '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 2019) issued in October 2019 in preference to the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005)' issued in April 2005 which is referred to in the Charities (Accounts and Reports) Regulations 2008 but has been withdrawn. I understand that the charity's trustee has done this in order for the charity's accounts to give a true and fair view in accordance with United Kingdom Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
Page **18** of **48**
## **Use of this report**
This report is in respect of an examination carried out under section 149(3) of the Charities Act 2011. This report is made solely to the charity's corporate trustee, as a body, in accordance with the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustee, as a body, for my work, for this report or for the opinions I have formed.
## **Paul Dossett**
Grant Thornton UK LLP Chartered Accountants
## **London**
## **Date 28/01/2022**
Page **19** of **48**
|||HERTFORDSHIRE COMMUNITY NHS TRUST
CHARITABLE FUND|HERTFORDSHIRE COMMUNITY NHS TRUST
CHARITABLE FUND|HERTFORDSHIRE COMMUNITY NHS TRUST
CHARITABLE FUND|HERTFORDSHIRE COMMUNITY NHS TRUST
CHARITABLE FUND|Charity No -
(if any)|1061325||
|---|---|---|---|---|---|---|---|---|
|||Annual accounts for the period|||||||
||||||||||
|||Period start
date||**Apr-20**|**To**|Period end
date|**Mar-21**||
||||||||||
||**Section A Statement**|**of financial activities**|||||||
||||||||||
||**Recommended categories by**
**activity**||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prior year funds**|
|||||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
||**Incoming resources (Note 3)**|||F01|F02|F03|F04|F05|
||**Income and endowments**
**from:**||||||||
||Donations and legacies||S01|589|18|-|
607|17|
||Charitable activities||S02|-|-|-|
-|-|
||Other trading activities||S03|-|-|-|
-|-|
||Investments||S04|0|0|0|1|4|
||Separate material item of
income||S05|-|-|-|
-|-|
||Other||S06|16|-|-|
16|16|
||**_Total_**||S07|605|18|0|623|36|
||**Resources expended (Note 4)**||||||||
||**Expenditure on:**||||||||
||Raising funds||S08|-|-|-|
-|0|
||Charitable activities||S09|-|-|-|
-|-|
||Patients’ welfare, and
amenities|||7|-|-|
7|14|
||Staff welfare and amenities|||0|-|-|
0|7|
||Covid Recovery|||78|-|-|
78|-|
||Community Welfare|||240|-|-|
240|-|
||Separate material item of
expense||S10|4|-|-|
4|1|
||Governance|||6|8|2|16|16|
||Other||S11|9|17|1|27|6|
||**_Total_**||S12|345|25|3|372|44|
||||||||||
Page **20** of **48**
||**Net income/(expenditure) before investment**
**gains/(losses)**|**Net income/(expenditure) before investment**
**gains/(losses)**|S13|260|- 7|- 3|251|- 9|
|---|---|---|---|---|---|---|---|---|
||Net gains/(losses) on
investments||S14||-||-|
-|
||**Net income/(expenditure)**||S15|260|- 7|- 3|251|- 9|
||**Extraordinary items**||S16|-|
-|
-|
-|
-|
||**Transfers between funds**||S17|-|
-|
-|
-|
-|
||**Other recognised** **gains/(losses):**||||||||
||Gains and losses on revaluation of fixed assets for
the charity’s own use||S18|-|
-|
-|
-|
-|
||Other gains/(losses)||S19|-|
-|
-|
-|
-|
||**_Net movement in funds_**||S20|260|- 7|- 3|251|- 9|
||||||||||
||**_Reconciliation of funds:_**||||||||
||Total funds brought forward||S21|203|273|66|541|549|
||**_Total funds carried forward_**||S22|463|266|63|792|541|
||||||||||
Page **21** of **48**
|**Section B Balance sheet**|**Section B Balance sheet**|**Section B Balance sheet**|||||
|---|---|---|---|---|---|---|
||||||||
||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total this year**|**Total prior year**|
|||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|**Fixed assets**||F01|F02|F03|F04|F05|
|**Intangible assets**|B01|-|-|
-|-|
-|
|**Tangible assets**|B02|-|-|
-|-|
-|
|**Heritage assets**|B03|-|-|
-|-|
-|
|**Investments**
**(Note 8)**|B04|-|-|
-|-|
-|
|**_Total fixed assets_**|B05|-|-|
-|-|
-|
|**Current assets**|||||||
|**Stocks**
**(Note 9)**|B06|-|-|
-|-|
-|
|**Debtors**
**(Note 10)**|B07|-|-|
-|-|
0|
|**Investments**
**(Note 8.4)**|B08|272|157|37|466|465|
|**Cash at bank and in**
**hand(Note 12)**|B09|291|112|27|430|83|
|**_Total current assets_**|B10|564|269|64|896|548|
||||||||
|**Creditors: amounts**
**falling due within one**
**year (Note 11)**|B11|101|3|1|105|8|
||||||||
|**_Net current assets/_**
**_(liabilities)_**|B12|463|266|63|792|541|
||||||||
|**_Total assets less_**
**_current liabilities_**|B13|463|266|63|792|541|
||||||||
|**Creditors: amounts**
**falling due after one**
**year Note 11)**|B14|-|-|
-|-|
-|
|**Provisions for**
**liabilities**|B15|-|-|
-|-|
-|
||||||||
|**_Total net assets or_**
**_liabilities_**|B16|463|266|63|792|541|
Page **22** of **48**
|**Funds of the**
**Charity**|||||||
|---|---|---|---|---|---|---|
|**Endowment funds**
**(Note 15)**|B17|-||63|63|66|
|**Restricted income**
**funds(Note 15)**|B18||266||266|272|
|**Unrestricted funds**|B19|463||-|
463|203|
|**Revaluation reserve**|B20||||-|
-|
|**_Total funds_**|B21|463|266|63|792|541|
||||||||
||||||||
The Notes on pages 24 to 48 form part of these Accounts.
Signed on behalf of the Trustees:
Elliot Howard-Jones, Chief Executive:
Dated: 27[th] January 2022
David Bacon, Director of Finance:
Dated: 27[th] January 2022
Page **23** of **48**
CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST
|**Section C**|**Notes to the Account**|**Notes to the Account**||||
|---|---|---|---|---|---|
|||||||
|Note 1**Basis of preparation**||||||
|||||||
|**1.1 Basis of accounting**||||||
|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless||||||
|otherwise stated in the relevant note(s)to these accounts.||||||
|The accounts have been prepared in accordance with:||||||
|• and with*||the Statement of Recommended Practice: Accounting and Reporting by||||
|||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||||
|CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST|CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST|CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST|CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST|CHARITABLE TRUST ANNUAL ACCOUNT 2020/21 - HERTFORDSHIRE COMMUNITY NHS TRUST||
|---|---|---|---|---|---|
|||||||
|**Section C**|**Notes to the Account**|||||
|||||||
|Note 1**Basis of preparation**||||||
|||||||
|**1.1 Basis of accounting**||||||
|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless
otherwise stated in the relevant note(s)to these accounts.||||||
|The accounts have been prepared in accordance with:||||||
|• and with*|✓|the Statement of Recommended Practice: Accounting and Reporting by
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||||
|• and with*|✓|the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102)||||
|• and with the Charities Act 2011.||||||
|||||||
|The charity constitutes a public benefit entity as defined by FRS 102*|||||✓|
|* -Tick as appropriate||||||
|**1.2 Going concern**||||||
|**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a_**
**_going concern, please provide the following details or state "Not applicable", if appropriate:_**||||||
|An explanation as to those factors that support the conclusion that the
charity is a going concern;||||**_It is anticipated that the charity will continue to operate_**
**_and fulfil its objectives_**||
|Disclosure of any uncertainties that make the going concern assumption
doubtful;||||**_Not applicable_**||
|Where accounts are not prepared on a going concern basis, please disclose
this fact together with the basis on which the trustees prepared the
accounts and the reason why the charity is not regarded as a going
concern.||||**_Not applicable_**||
|**1.3 Change of accounting policy**||||||
|The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.||||||
Page **24** of **48**
|Yes*
✓|* -Tick as appropriate|* -Tick as appropriate|* -Tick as appropriate||
|---|---|---|---|---|
|No*|||||
||||||
|**_Please disclose:_**|||||
|**_(i) the nature of the change in accounting policy;_**|||||
|**_(ii) the reasons why applying the new accounting policy provides more reliable and more relevant_**|||||
|**_information; and_**|||||
|**_(iii) the amount of the adjustment for each line affected in_**|**_the current period, each prior period_**||||
|**_presented and the aggregate amount of the adjustment relating to periods before those presented,_**|||||
|**_3.44 FRS 102 SORP._**|||||
||||||
|**1.4 Changes to accounting estimates**|||||
|No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).|||||
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes* ✓ * -Tick as appropriate No* _**Please disclose: (i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error has been identified in the reporting period (3.47 FRS 102 SORP). Yes* ✓ * -Tick as appropriate No*
_**Please disclose:**_
_**(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
Page **25** of **48**
|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**||**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|**Note 2 Accounting policies**||||||||
|**2.1 INCOME**||||||||
|_This standard list of accounting policies has been applied by the charity except for those ticked_
_"No" or "N/a". Where a different or additional policy has been adopted then this is detailed in_
_the box below._||||||||
|||||||||
|**Recognition of**
**income**|These are included in the Statement of Financial Activities (SoFA) when:|||||||
||· the charity becomes entitled to the resources;||||Yes|No|N/a|
||· it is more likely than not that the trustees will receive the resources;
and|||||||
||· the monetary value can be measured with sufficient reliability.|||||||
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and
expenses, unless required or permitted by the FRS 102 SORP or FRS
102.|||||||
|**Grants and**
**donations**|Grants and donations are only included in the SoFA when the general
income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).||||Yes|No|N/a|
||In the case of performance related grants, income must only be
recognised to the extent that the charity has provided the specified
goods or services as entitlement to the grant only occurs when the
performance related conditions are met (5.16 FRS 102 SORP).||||✓|||
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is,
when there has been grant of probate, the executors have established
that there are sufficient assets in the estate and any conditions
attached to the legacy are either within the control of the charity or
have been met.||||Yes|No|N/a|
||||||✓|||
|**Government**
**grants**|The charity has received government grants in the reporting period||||Yes|No|N/a|
|||||||✓||
|**Tax reclaims**
**on donations**
**and gifts**|Gift Aid receivable is included in income when there is a valid
declaration from the donor. Any Gift Aid amount recovered on a
donation is considered to be part of that gift and is treated as an
addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.||||Yes|No|N/a|
||||||||✓|
|**Contractual**
**income and**
**performance**
**related grants**|This is only included in the SoFA once the charity has provided the
related goods or services or met the performance related conditions.||||Yes|No|N/a|
||||||||✓|
|**Donated**
**goods**|Donated goods are measured at fair value (the amount for which the
asset could be exchanged) unless impractical to do so.|||||||
Page **26** of **48**
||The cost of any stock of goods donated for distribution to beneficiaries
is deemed to be the fair value of those gifts at the time of their receipt
and they are recognised on receipt. In the reporting period in which
the stocks are distributed, they are recognised as an expense at the
carryingamount of the stocks at distribution.||Yes|No|N/a|
|---|---|---|---|---|---|
||||||✓|
||Donated goods for resale are measured at fair value on initial
recognition, which is the expected proceeds from sale less the expected
costs of sale and recognised in 'Income from other trading activities'
with the corresponding stock recognised in the balance sheet. On its
sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income
from other trading activities'.||Yes|No|N/a|
||||||✓|
||Goods donated for on-going use by the charity are recognised as
tangible fixed assets and included in the SoFA as incoming resources
when receivable.||Yes|No|N/a|
||||||✓|
||Gifts in kind for use by the charity are included in the SoFA as income
from donations when receivable.||Yes|No|N/a|
||||||✓|
|**Donated**
**services and**
**facilities**|Donated services and facilities are included in the SOFA when received
at the value of the gift to the charity provided the value of the gift can
be measured reliably.||Yes|No|N/a|
||||✓|||
||Donated services and facilities that are consumed immediately are
recognised as income with an equivalent amount recognised as an
expense under the appropriate heading in the SOFA.||Yes|No|N/a|
||||✓|||
|**Support costs**|The charity has incurred expenditure on support costs.||Yes|No|N/a|
||||✓|||
|**Volunteer**
**help**|The value of any voluntary help received is not included in the accounts
but is described in the trustees’ annual report.|||||
|**Income from**
**interest,**
**royalties, and**
**dividends**|This is included in the accounts when receipt is probable, and the
amount receivable can be measured reliably.||Yes|No|N/a|
||||✓|||
|**Income from**
**membership**
**subscriptions**|Membership subscriptions received in the nature of a gift are
recognised in Donations and Legacies.||Yes|No|N/a|
||||✓|||
||Membership subscriptions which give a member the right to buy
services or other benefits are recognised as income earned from the
provision of goods and services as income from charitable activities.||Yes|No|N/a|
||||||✓|
||||Yes|No|N/a|
Page **27** of **48**
|**Settlement of**
**insurance**
**claims**|Insurance claims are only included in the SoFA when the general
income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are
included as an item of other income in the SoFA.|Insurance claims are only included in the SoFA when the general
income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are
included as an item of other income in the SoFA.|Insurance claims are only included in the SoFA when the general
income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are
included as an item of other income in the SoFA.||||✓|
|---|---|---|---|---|---|---|---|
|**Investment**
**gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of
investments and any gain or loss resulting from revaluing investments
to market value at the end of the year.||||Yes|No|N/a|
||||||||✓|
|**2.2 EXPENDITURE AND LIABILITIES**||||||||
|**Liability**
**recognition**|Liabilities are recognised where it is more likely than not that there is a
legal or constructive obligation committing the charity to pay out
resources and the amount of the obligation can be measured with
reasonable certainty.||||Yes|No|N/a|
||||||✓|||
|**Governance**
**and support**
**costs**|Support costs have been allocated between governance costs and other
support. Governance costs comprise all costs involving public
accountability of the charity and its compliance with regulation and
goodpractice.||||Yes|No|N/a|
||||||✓|||
||Support costs include central functions and have been allocated to
activity cost categories on a basis consistent with the use of resources,
e.g. allocating property costs by floor areas, or per capita, staff costs by
the time spent and other costs by their usage.||||Yes|No|N/a|
||||||✓|||
|**Grants with**
**performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a
specific level of service or output to be provided, such grants are only
recognised in the SoFA once the recipient of the grant has provided the
specified service or output.||||Yes|No|N/a|
||||||||✓|
|**Grants**
**payable**
**without**
**performance**
**conditions**|Where there are no conditions attaching to the grant that enables the
donor charity to realistically avoid the commitment, a liability for the
full funding obligation must be recognised.||||Yes|No|N/a|
||||||✓|||
|**Redundancy**
**cost**|The charity made no redundancy payments during the reporting period.||||Yes|No|N/a|
||||||||✓|
|**Deferred**
**income**|No material item of deferred income has been included in the accounts.||||Yes|No|N/a|
|||||||✓||
|**Creditors**|The charity has creditors which are measured at settlement amounts
less any trade discounts||||Yes|No|N/a|
||||||✓|||
|**Provisions for**
**liabilities**|A liability is measured on recognition at its historical cost and then
subsequently measured at the best estimate of the amount required to
settle the obligation at the reporting date||||Yes|No|N/a|
||||||✓|||
|**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial
recognition as per paragraph 10.7 FRS 102 SORP. Subsequent
measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP.||||Yes|No|N/a|
||||||✓|||
|**2.3 ASSETS**||||||||
Page **28** of **48**
|**Tangible fixed**
**assets for use**
**by charity**|These are capitalised if they can be used for more than one year, and
cost at least £5,000 (based on prior year statement).|These are capitalised if they can be used for more than one year, and
cost at least £5,000 (based on prior year statement).|These are capitalised if they can be used for more than one year, and
cost at least £5,000 (based on prior year statement).||Yes|No|N/a|
|---|---|---|---|---|---|---|---|
||They are valued at cost.||||||✓|
||The depreciation rates and methods used are disclosed in note 14.|||||||
|**Intangible**
**fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that
do not have physical substance but are identifiable and are controlled
by the charity through custody or legal rights. The amortisation rates
and methods used are disclosed in note 15||||Yes|No|N/a|
||||||||✓|
||They are valued at cost.|||||||
|**Heritage**
**assets**|The charity has heritage assets, that is, non-monetary assets with
historic, artistic, scientific, technological, geophysical, or environmental
qualities that are held and maintained principally for their contribution
to knowledge and culture. The depreciation rates and methods used as
disclosed in note 16.||||Yes|No|N/a|
||||||||✓|
||||||Yes|No|N/a|
||They are valued at cost.||||||✓|
|**Investments**|Fixed asset investments in quoted shares, traded bonds and similar
investments are valued at initially at cost and subsequently at fair value
(their market value) at the year end. The same treatment is applied to
unlisted investments unless fair value cannot be measured reliably in
which case it is measured at cost less impairment.||||Yes|No|N/a|
||||||||✓|
||Investments held for resale or pending their sale and cash and cash
equivalents with a maturity date of less than 1 year are treated as
current asset investments||||Yes|No|N/a|
||||||✓|||
|**Stocks and**
**work in**
**progress**|Stocks held for sale as part of non-charitable trade are measured at the
lower of cost or net realisable value.||||Yes|No|N/a|
||||||||✓|
||Goods or services provided as part of a charitable activity are measured
at net realisable value based on the service potential provided by items
of stock.||||Yes|No|N/a|
||||||||✓|
||Work in progress is valued at cost less any foreseeable loss that is likely to
occur on the contract.||||Yes|No|N/a|
||||||||✓|
|**Debtors**|Debtors (including trade debtors and loans receivable) are measured on
initial recognition at settlement amount after any trade discounts or
amount advanced by the charity. Subsequently, they are measured at
the cash or other consideration expected to be received.||||Yes|No|N/a|
||||||✓|||
|**Current asset**
**investments**|The charity has investments which it holds for resale or pending their
sale and cash and cash equivalents with a maturity date less than one
year. These include cash on deposit and cash equivalents with a
maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.||||Yes|No|N/a|
||||||✓|||
Page **29** of **48**
|||||||Yes|No|N/a|
|---|---|---|---|---|---|---|---|---|
||They are valued at fair value except where they qualify as basic financial
instruments.|||||✓|||
|**Policies adopted, additional to or different from those above**|||||||||
Page **30** of **48**
Section C Notes to the accounts (cont)
||||||||
|---|---|---|---|---|---|---|
|Section C Notes to the accounts (cont)|||||||
|**Note 3**|**Analysis of income**||||||
||**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total funds**|**Prior year**|
|||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|**Donations**
**and legacies:**|Donations and gifts|32|7|-|39|17|
||Gift Aid|-|-|-|-|-|
||Legacies|0|11|-|11|-|
||General grants provided by
government/other charities|556|-|-|556|-|
||Membership subscriptions and
sponsorships which are in substance
donations|-|-|-|-|-|
||Donated goods, facilities, and
services|-|-|-|-|-|
||Other (Governance Transfer)|16|-|-|16|16|
||**Total**|605|18|-|623|32|
||||||||
|**Charitable**
**activities:**||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Other**
**trading**
**activities:**||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Income from**
**investments:**|Interest income|0|0|0|1|4|
||Dividend income|-|-|-|-|-|
||Rental and leasing income|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|0|0|0|1|4|
||||||||
|**Separate**
**material**||-|-|-|-|-|
|||-|-|-|-|-|
Page **31** of **48**
|**item of**
**income:**||-|-|-|-|-|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Other:**|Conversion of endowment funds into
income|-|-|-|-|-|
||Gain on disposal of a tangible fixed
asset held for charity's own use|-|-|-|-|-|
||Gain on disposal of a programme
related investment|-|-|-|-|-|
||Royalties from the exploitation of
intellectual property rights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**TOTAL INCOME**||605|18|0|623|36|
||||||||
|**Other information:**|||||||
||||||||
|**All income in the prior year was unrestricted except**
**for: (please provide description and amounts)**|||||||
||||||||
|**Where any endowment fund is converted into**
**income in the reporting period, please give the**
**reason for the conversion.**|||||||
||||||||
|**Within the income items above the following items**
**are material: (please disclose the nature, amount,**
**and any prior year amounts)**|||||||
Page **32** of **48**
**Section C Notes to the accounts (cont)**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||
|**Note 4**|**Analysis of expenditure**||||||||||||
||**Analysis**||**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total**
**funds**|**Prior**
**year**||||||
||||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**||||||
|**Expenditure**
**on raising**
**funds:**|Incurred seeking
donations||-|
-|
-|
-|
0||||||
||Incurred seeking legacies||-|
-|
-|
-|
-||||||
||Incurred seeking grants||-|
-|
-|
-|
-||||||
||Operating membership
schemes and social
lotteries||-|
-|
-|
-|
-||||||
||Staging fundraising
events||-|
-|
-|
-|
-||||||
||Fundraising
agents||-|
-|
-|
-|
-||||||
||Operating
charityshops||-|
-|
-|
-|
-||||||
||Operating a trading
company undertaking
non-charitable trading
activity||-|
-|
-|
-|
-||||||
||Advertising, marketing,
direct mail, and publicity||-|
-|
-|
-|
-||||||
||Start-up costs incurred in
generating new source of
future income|||||-|
-||||||
||Database development
costs||-|
-|
-|
-|
-||||||
||Other trading activities||||||||||||
||Investment management
costs:||-|
-|
-|
-|
-||||||
||Portfolio management
costs||-|
-|
-|
-|
-||||||
||Cost of obtaining
investment advice||-|
-|
-|
-|
-||||||
||Investment
administration costs||-|
-|
-|
-|
-||||||
||Intellectual property
licencing costs||-|
-|
-|
-|
-||||||
||Rent collection, property
repairs and maintenance
charges||-|
-|
-|
-|
-||||||
||**Total expenditure on**
**raising funds**||-|
-|
-|-|0||||||
||||||||||||||
|**Expenditure**
**on**|Patients’, welfare, and
amenities||7|-|
-|
7|14||||||
Page **33** of **48**
|**charitable**
**activities**|Staff welfare and
amenities|Staff welfare and
amenities|0|-|
-|
0|7||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Covid Recovery||78|-|
-|
78|-||||||
||Community Welfare||240|-|
-|
240|-||||||
||Other||4|-|
-|
4|1||||||
||||-|
-|
-|
-|
-||||||
||**Total expenditure on**
**charitable activities**||330|-|
-|
330|22||||||
||||||||||||||
|**Separate**
**material**
**item of**
**expense**|Transfers to third party
charities||9|14|-|
23|-|Contract for work shifted to
Trust||||separate NHS|
||||-|
-|
-|
-|
-||||||
||||-|
-|
-|
-|
-||||||
||**Total**||9|14|-|
23|-||||||
||||||||||||||
|**Other**|||||||||||||
||Governance||6|8|2|16|16||||||
||Audit Fee||2|3|1|6|6||||||
||Bank Charges||0|0|0|0|0||||||
||Prior Year Write Back||- 2|-|
-|
- 2|-||||||
||**Total other expenditure**||6|11|3|20|22||||||
||||||||||||||
|**TOTAL EXPENDITURE**|||345|25|3|372|44||||||
||||||||||||||
|**Other information:**|||||||||||||
||||||||||||||
|**Analysis of expenditure on charitable**
**activities**|||||||||||||
||||||||||||||
|**Activity or**
**programme**|**Activities undertaken directly**|||**Grant**
**funding**
**of**
**activities**|**Support**
**Costs**|**Total**
**this**
**year**|**Total**
**prior**
**year**||||||
||**£'000**|||**£'000**|**£'000**|**£'000**|**£'000**||||||
|Activity 1|||||||||||||
|Activity 2|||||||||||||
|Other|||||||||||||
|**Total**|||||||||||||
||||||||||||||
|**Prior year expenditure on**
**charitable activities can be**
**analysed as follows:**||20/21 b/fwd Accrual balance written back to general fund in year
(£2,470.59)|||||||||||
||||||||||||||
|**Within the expenditure**
**items above the following**
**items are material: (please**
**disclose the nature, amount,**
**and any prioryear amounts)**|||||||||||||
Page **34** of **48**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|
|---|---|---|---|---|---|---|
||||||||
|**Note 7 Support Costs**|||||||
|**_Please complete this note if the charity has analysed its expenses using activity_**
**_categories and has support costs._**|||||||
|**Support cost**
**(examples)**|**Raising**
**funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**|
||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**(Describe method)**|
|Governance|-|16||-|16||
|Audit Fee|-|6||-|6||
||-|-||-|-||
||-|-||-|-||
|Other|-|-||-|-||
|**Total**|-|22||-|22||
||||||||
|**_Please provide details of the accounting policy_**
**_adopted for the apportionment of costs between_**
**_activities and any estimation techniques used to_**
**_calculate their apportionment._**|||**Apportionment of costs has been based on individual fund balances as a**
**percentage of the total balance**||||
||||||||
|**Note 10 Details of certain items of expenditure**|||||||
|**10.1 Fees for examination of the accounts**|||||||
|**_Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your_**
**_independent examiner. If nothing waspaid, please enter '0' in the appropriate box(es). _**|||||||
||||||**This year**|**Prior year**|
||||||**£'000**|**£'000**|
|**Independent examiner’s fees**|||||**0**|**0**|
|**Assurance services other than audit or independent examination**|||||||
|**Tax advisory fees**|||||||
|**Other fees (for example: financial advice, consultancy, accountancy services)**
**paid to the independent examiner**|||||||
||||**This year**|**Prior year**|
|---|---|---|---|---|
||||**£'000**|**£'000**|
|**Independent examiner’s fees**|||**0**|**0**|
|**Assurance services other than audit or independent examination**|||||
|**Tax advisory fees**|||||
|**Other fees (for example: financial advice, consultancy, accountancy services)**|||||
|**paid to the independent examiner**|||||
Page **35** of **48**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|
|---|---|---|---|---|---|---|---|
|||||||||
|**Note 8 Investment assets**||||||||
|||||||||
|**8.1 Fixed assets investments (please provide for each class of investment)**||||||||
||**Cash &**
**cash**
**equivalents**|**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**||
||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**||
|Carrying (fair) value at
beginning of period|-|-|-|-|-|-||
|**Add:**additions to
investments during
period*|-|-|-|-|-|-||
|**Less:**disposals at
carrying value|-|-|-|-|-|-||
|**Less: impairments**|-|-|-|-|-|-||
|**Add: Reversal of**
**impairments**|-|-|-|-|-|-||
|**Add/(deduct):**transfer
in/(out) in the period|-|-|-|-|-|-||
|**Add/(deduct):**net
gain/(loss) on
revaluation|-|-|-|-|-|-||
|Carrying (fair) value at
end ofyear|-|-|-|-|-|-||
|||||||||
|***Please specify additions resulting**
**from acquisitions through business**
**combinations, if any.**||||||||
|||||||||
|**_Please note that Fair Value in this context is the amount for which an asset could be exchanged_**
**_between knowledgeable and willing parties in an arm's length transaction. For traded securities, the_**
**_fair value is the value of the security quoted on the London Stock Exchange Daily Official List or_**
**_equivalent. For other assets where there is no market price on a traded market, it is the trustees' or_**
**_valuers' best estimate of fair value._**||||||||
|||||||||
Page **36** of **48**
|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|**8.2 Please provide a breakdown of investments shown above agreeing with the balance**
**sheet row B04 differentiating between those held at fair value and those held at cost less**
**impairment.**|||
|---|---|---|---|---|---|---|---|
|||||||||
|**Analysis of investments**||||||||
||||**Fair value at year end**||**Cost less**
**impairment**|||
||||**£'000**||**£'000**|||
|**Cash or cash**
**equivalents**|||-||-|||
|**Listed investments**|||-||-|||
|**Investment properties**|||-||-|||
|**Social investments**|||-||-|||
|**Other investments**|||-||-|||
|**Total**|||-||-|||
|**Grand total (Fair value at year end + Cost less**
**impairment)**||||||||
|||||||||
|**8.3 If your charity holds investment properties, please complete the following note:**||||||||
|**(i) Explain the methods and**
**significant assumptions in**
**determining the fair value of**
**investment property held by the**
**charity**||||||||
|**(ii) Name or independent valuer, if**
**applicable, and relevant qualifications**||||||||
|**(iii) Provide details of any**
**restrictions on the ability to realise**
**investment property or on the**
**remittance of income or disposal**
**proceeds**||||||||
|**(iv) Explain any contractual**
**obligations for the purchase,**
**construction, or development of**
**investment property or for repairs,**
**maintenance, or enhancements**||||||||
|||||||||
|||||||||
|**8.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance**
**sheet.**||||||||
|||||||||
Page **37** of **48**
|**Analysis of current**
**asset investments**|||**This year**|**This year**|**Prior year**|**Prior year**||
|---|---|---|---|---|---|---|---|
||||**£'000**||**£'000**|||
||||-|||-||
|**Cash or cash**
**equivalents**|||466|||465||
|**Listed investments**|||-|||-||
|**Investment properties**|||-|||-||
|**Social investments**|||-|||-||
|**Other investments**|||466|||465||
|**Total**||||||||
|||||||||
|**8.5 Guarantees**||||||||
|**Please provide details and amount of**
**any guarantee made to or on behalf**
**of a third party**||None||||||
|**Name of the entity or entities**
**benefitting from those guarantees**||||||||
|**Please explain how the guarantee**
**furthers the charity's aims**||||||||
|||||||||
|**8.6 Concessionary loans**||||||||
|**Amount of concessionary loans made**
**(****_Multiple loans made may be_**
**_disclosed in aggregate provided that_**
**_such aggregation does not obscure_**
**_significant information_).**||**_Description_**||||**This**
**year**
**£'000**|**Prior year £'000**|
|||None||||||
|||||||||
|||||||||
|||**_Total_**||||||
|**Amount of concessionary loans**
**received****_(Multiple loans received may_**
**_be disclosed in aggregate provided_**
**_that such aggregation does not_**
**_obscure significant information)._**||||||||
|||**_Description_**||||**This**
**year**
**£'000**|**Prior year £'000**|
|||None||||||
|||||||||
|||**_Total_**||||||
Page **38** of **48**
|**Terms and conditions e.g. interest**
**rate, security provided**|**Terms and conditions e.g. interest**
**rate, security provided**|N/A|N/A|N/A|N/A|N/A|N/A|
|---|---|---|---|---|---|---|---|
|**Value of any concessionary loans**
**which have been committed but not**
**taken up at the reporting date**||||||||
|**Amounts payable within 1 year**||||||||
|**Amounts payable after more than 1**
**year**||||||||
|**Amounts receivable within 1 year**||||||||
|**Amounts receivable after more than 1**
**year**||||||||
|||||||||
|**8.7 Additional information**||||||||
|||||||||
|**Please provide information about the**
**significance of investments to the**
**charity's financial position or**
**performance e.g. terms and**
**conditions of loans or the use of**
**hedging to manage financial risk.**||N/A||||||
|**For all investments measured at fair**
**value, the basis for determining the**
**value, including any assumptions**
**applied when using a valuation**
**technique.**||N/A||||||
|**Where a charity has provided**
**financial assets as a form of security,**
**the carrying amount of the financial**
**asset pledged as security and the**
**terms and conditions relating to its**
**pledge.**||N/A||||||
Page **39** of **48**
**Section C Notes to the accounts (cont)**
## **Note 9 Stocks**
**9.1 Please state the carrying amount of stock and work in progress analysed between activities. N/A**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|
|---|---|---|---|---|---|
|||||||
|**Note 9 Stocks**||||||
|||||||
|**9.1 Please state the carrying amount of stock and work in progress analysed between activities. N/A**||||||
||**Stock**||**Donated goods**||**Work in progress**|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|**Charitable activities:**||||||
|**_Opening_**|-|-|-|-|-|
|**_Added in period_**|-|-|-|-|-|
|**_Expensed in period_**|-|-|-|-|-|
|**_Impaired_**|-|-|-|-|-|
|**_Closing_**|**-**|**-**|**-**|**-**|**-**|
|||||||
|**Other trading activities:**||||||
|**_Opening_**|-|-|-|-|-|
|**_Added in period_**|-|-|-|-|-|
|**_Expensed in period_**|-|-|-|-|-|
|**_Impaired_**|-|-|-|-|-|
|**_Closing_**|**-**|**-**|**-**|**-**|**-**|
|||||||
|**Other:**||||||
|**_Opening_**|-|-|-|-|-|
|**_Added in period_**|-|-|-|-|-|
|**_Expensed in period_**|-|-|-|-|-|
|**_Impaired_**|-|-|-|-|-|
Page **40** of **48**
|**_Closing_**|**-**|**-**|**-**|**-**|**-**|
|---|---|---|---|---|---|
|**Total this year**|-|-|-|-|-|
|**_Total previous year_**|-|-|-|-|-|
|||||||
|||||||
|**9.2 Please specify the carrying amount of any**
**stocks pledged as security for liabilities**||||||
|||||||
|||||||
|**Note 10 Debtors and prepayments**||||||
|**10.1 Analysis of debtors**||||**This year**|**Prior year**|
|||||**£'000**|**£'000**|
|||||-|-|
|**Trade debtors**||||-|-|
|**Prepayments and accrued income**||||-|-|
|**Other debtors**||||-|0|
|**Total**||||-|0|
|||||||
|**10.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**||||||
|||||**This year**|**Prior year**|
|||||**£'000**|**£'000**|
|**Trade debtors**||||-|-|
|**Prepayments and accrued income**||||-|-|
|**Other debtors**||||-|-|
|||||-|-|
|**Total**||||-|-|
Page **41** of **48**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|
|---|---|---|---|---|
||||||
|**Note 11 Creditors and accruals**|||||
||||||
|**11.1 Analysis of creditors**|||||
||**Amounts falling due**
**within one year**||**Amounts falling due after more than one year**||
||**This year**|**Prior year**|**This year**|**Prior year**|
||**£'000**|**£'000**|**£'000**|**£'000**|
|**Accruals for grants payable**|-|-|-|-|
|**Bank loans and overdrafts**|-|-|-|-|
|**Trade creditors**|-|-|-|-|
|**Payments received on account for contracts or**
**performance-related grants**|-|-|-|-|
|**Accruals and deferred income**|105|8|-|-|
|**Taxation and social security**|-|-|-|-|
|**Other creditors**|-|-|-|-|
|**Total**|105|8|-|-|
||||||
||||||
|**11.2 Deferred income**|**N/A**||||
||||||
|**_Please explain the reasons why income is_**
**_deferred._**|||||
|Not applicable|||||
||||||
|**_Movement in deferred income account_**|||**This year**|**Prior year**|
||||**£'000**|**£'000**|
|**Balance at the start of the reporting period**|||-|-|
|**Amounts added in current period**|||-|-|
|**Amounts released to income from previous periods**|||-|-|
|**Balance at the end of the reporting period**|||-|-|
|**_Movement in deferred income account_**|||**This year**|**Prior year**|
|---|---|---|---|---|
||||**£'000**|**£'000**|
|**Balance at the start of the reporting period**|||-|-|
|**Amounts added in current period**|||-|-|
|**Amounts released to income from previous periods**|||-|-|
|**Balance at the end of the reporting period**|||-|-|
Page **42** of **48**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**||
|---|---|---|---|---|
||||||
||||||
|**Note 12 Cash at bank and in hand**|||||
||||**This year**|**Prior year**|
||||**£'000**|**£'000**|
|**Short term cash investments (less than 3 months maturity date)**|||-|-|
|**Short term deposits**|||||
|**Cash at bank and on hand**|||430|83|
|**Other**||||-|
|**Total**|||430|83|
||||||
||||||
|**Note 13 Fair value of assets and liabilities**|||||
||||||
|**13.1 Please provide details of the charity's exposure to**
**credit risk (the risk of incurring a loss due to a debtor not**
**paying what is owed) , liquidity risk (the risk of not being**
**able to meet short term financial demands) and market**
**risk (the risk that the value of an investment will fall due**
**to changes in the market) arising from financial**
**instruments to which the charity is exposed at the end of**
**the reporting period and explain how the charity manages**
**those risks.**|N/A||||
||||||
|**13.2 Please give details of the amount of change in the**
**fair value of basic financial instruments (debtors,**
**creditors, investments (see section 11, FRS 102 SORP))**
**measured at fair value through the SoFA that is**
**attributable to changes in credit risk.**|N/A||||
||||||
||||||
|**Note 14 Events after the end of the reporting period**|||||
|**No events have occurred after the end of the reporting period but before the accounts are**
**authorised which relate to conditions that arose after the end of the reporting period that**
**would require adjustment to the Financial Statements.**|||||
||||||
Page **43** of **48**
**Please provide details of the nature of the event**
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
Page **44** of **48**
|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|
|---|---|---|---|---|---|---|---|---|
||||||||||
|**Note 15 Charity funds**|||||||||
|**15.1 Details of material funds held and movements during the CURRENT reporting period**|||||||||
|**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other_**
**_funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet._**|||||||||
|**_* Key: PE - permanent endowment funds; EE -_**
**_the charity; and U - unrestricted funds_**|||**_expendable endowment funds; R - restricted income funds, including special trusts, of_**||||||
|**Fund names**|**Type**
**PE, EE**
**R or**
**UR ***|**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund balances carried**
**forward**|
||||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|John
Lawrence,
deceased|PE|Benefit of Cheshunt
Community
Hospital/grave
maintenance|66|0|- 3|-|
-|
63|
|Mrs Shirley
Jago,
deceased|R|Benefit
staff/patients,
Harpenden
Memorial|71|0|- 3|-|
-|
68|
|Harpenden
Mem Hosp|R|Benefit
staff/patients,
Harpenden
Memorial|18|0|- 1|-|
-|
17|
|Irene
Swanwick-
Harpenden|R|Benefit
staff/patients|115|7|- 5|-|
-|
118|
|Mrs J E
Royle,
deceased|R|Benefit
staff/patients|35|0|- 1|-|
-|
34|
|Others
(Fifteen
funds)|R||33|11|- 15|-|
-|
29|
|General
Funds|U|Community Trust
staff use|35|18|- 3|-|
-|
50|
|Francis
Keats,
deceased|U|Benefit of Herts &
Essex Hospital|49|0|- 2|-|
-|
47|
|Queen
Victoria
Mem Hosp|U|Benefit
staff/patients|14|0|- 6|-|
-|
8|
|Denise Hull|U|Special Needs
children|10|0|- 0|-|
-|
9|
|Palliative
Care|U|Cancer support|22|0|- 2|-|
-|
20|
|Wheelchair
Services|U|Benefit
staff/patients|9|0|- 0|-|
-|
8|
Page **45** of **48**
|Herts &
Essex
Inpatients|U|Benefit
staff/patients|12|3|- 1|-|
-|
14||
|---|---|---|---|---|---|---|---|---|---|
|St Albans
Integrated
Team|U|Benefit
staff/patients|5|-|- 5|-|
-|
-||
|South
Locality
Integrated
Team|U|Benefit
staff/patients|26|0|- 1|-|
-|
25||
|Child
Development
Centre|U|Benefit
staff/patients|4|0|- 0|-|
-|
3||
|Danesbury|U|Benefit
staff/patients|7|27|- 1|-|
-|
32||
|COVID Staff
Support|U|Benefit
staff/patients|-|
151|- 78|-|
-|
73||
|Covid ICS
Grant|U|Community
Welfare|-|
405|- 240|-|
-|
165||
|Others (Nine
funds)|U||12|0|- 5|-|
-|
8||
|**Total Funds**|||541|623|- 372|-|
-|
792||
|||||||||||
|15.1.1 The Covid ICS Grant fund is the NHS Charities Together (CT) fund.
Hertfordshire Community Trust is the statutory reporting body for this fund on behalf of Hertfordshire and West Essex Integrated Care
System (H&WE ICS).
The fund balance reported as at 31st March 2021 of £405,160.00 consists of two allocated fund balances
15.1.1.1 £49,160.00 allocated to HCT in relation to the administration costs as the host reporting statutory body. The allocation was
made in full in 2020/21 and was granted to cover eighteen months administration costs.
There were no administration costs incurred against this fund in 2020/21
15.1.1.2 £356,000.00 allocated by NHS Charities Together to H&WE ICS based on grant proposals developed by H&WE ICS and to be
made to a number of Community and Voluntary Sector organisations across H&WE ICS. Each organisation is required to meet the
conditions of the grant as determined by H&WE ICS to receive payment from the fund.
As at 31st March 2021 payments totalling £239,688.72 had been made.||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
Page **46** of **48**
**Section C Notes to the accounts (cont) Note 15 Charity funds (cont) 15.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet. * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|
|---|---|---|---|---|---|---|---|---|
||||||||||
|**Note 15 Charity funds (cont)**|||||||||
|**15.2 Details of material funds held and movements during the PREVIOUS reporting period**|||||||||
|**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other_**
**_funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet._**|||||||||
|**_* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of_**
**_the charity; and U - unrestricted funds_**|||||||||
||||||||||
||||||||||
||||||||||
|**Fund names**|**Type**
**PE, EE**
**R or**
**UR ***|**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund balances carried**
**forward**|
||||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|John
Lawrence,
deceased|PE|Benefit of Cheshunt
Community
Hospital/grave
maintenance|68|0|- 3|-|
-|
66|
|Mrs Shirley
Jago,
deceased|R|Benefit staff/patients,
Harpenden Memorial|74|0|- 3|-|-|
71|
|Harpenden
Mem Hosp|R|Benefit staff/patients,
Harpenden Memorial|19|0|- 1|-|-|
18|
|Irene
Swanwick-
Harpenden|R|Benefit staff/patients|119|1|- 5|-|
-|
115|
|Mrs J E
Royle,
deceased|R|Benefit staff/patients|36|0|- 2|-|
-|
35|
|Others
(Fourteen
funds)|R||38|0|- 5|-|
-|
33|
|General
Funds|U|Community Trust staff
use|18|18|- 2|-|
-|
35|
|Francis
Keats,
deceased|U|Benefit of Herts &
Essex Hospital|51|0|- 2|-|-|
49|
|Queen
Victoria
Mem Hosp|U|Benefit staff/patients|15|0|- 1|-|
-|
14|
|Denise Hull|U|Special Needs
children|10|0|- 0|-|
-|
10|
|Palliative
Care|U|Cancer support|28|0|- 5|-|
-|
22|
|Wheelchair
Services|U|Benefit staff/patients|9|0|- 0|-|
-|
9|
Page **47** of **48**
|Herts &
Essex
Inpatients|U|Benefit staff/patients|13|0|- 2|-|
-|
12|
|---|---|---|---|---|---|---|---|---|
|St Albans
Integrated
Team|U|Benefit staff/patients|5|0|- 0|-|
-|
5|
|South
Locality
Integrated
Team|U|Benefit staff/patients|27|0|- 1|-|
-|
26|
|Child
Development
Centre|U|Benefit staff/patients|4|0|- 0|-|
-|
4|
|Others (ten
funds)|U||17|14|- 13|-|-|
19|
|**Total Funds**|||549|36|- 44|-|-|
541|
Page **48** of **48**