NHS Tees, Esk and Wear Valleys NHS Foundation Trust . Tees, Esk and Wear Valleys NHS Trust General Charitable Fund Fund Number: 1061486 Annual Report 2021-22 NHS Tees. Esk and Wear Valley5 NHS Foundation Trust CONTENTS PAGE Section 01 Background 02 The Trust Charty and objectives 03 Organisational structure and relationships 04 Achievements and performanc& 05 Review of activities 06 Financial activity 07 Funds managed for and on behalf of other NHS organisations 08 Reserves policy and investments 09 Legal and administrative information 10 Charitable fund accounts Appendices endices 1 Incoming resources 2 - Resources expended NHS Tees, Esk and Wear Valleys NHS Foundation Trust Tees, Esk and Wear Valleys NHS Foundatlon Trust General Charltable Trust Fund Annual Report 2021-22 1. Tees. Esk and Wear Valleys NHS Foundation Trust General CharÈtable Trust Fund The Charity is administered by Tees, Esk and Wear Valleys NHS Foundation Trust and was formed as the "umbrella. Charity for the former Tees and North East Yorkshire NHS Trust and County Durham and Dartington Priority Services NHS Trust charitable funds. 2. Objectives of the Charity The Tees, Esk and Wear Valleys NHS Foundation Trust Charitable Trust Fund Deed (which is the goveming document for the charitable funds) states the Charity's principal objectives as being: for any charitable purpose or purposes relating io the National Health se￿Ice.. The governing document does not place any specific restrictions on the use of the funds other than that implied by the Charity's main object. All bids are made on. an ad-hoc basis wsth no commitment or strategic deployment from any one individual fund. All Charities must demonstrate, explicitly, that their charitable purposes are for the public benefit and adhere to the following two key principles- Principle 1.. There must be an identifiable benefit or benefits Principle 2= Benefft must be to the public, or section of the public The Trustee confirms that they have had regard to the guidance contained in Ihe Charity Commission's general guidance on public benefit when reviewing the trust's aims and objective and in planning future activities and setting grant making policy for the year. It is the opinion of the Trustee that il has followed this guidance by.. Providing additional amenities, events or equipment for service users and Carers, and employees of the Trust Ihroughout the year. Ensuring there is no detriment or harm Ihat, in their view, might arise from carying out the charity's aims. Further details of specific activities that have been provided can be referenced in Seclion 4 - Achievements and performan￿. 3. Organlsational structure and relatlonships 3.1 Organlsation structure Tees, Esk and Wear Valleys NHS Foundation Trusl is the sole corporate Truslee of the charity. Delegated responsibility is 811ocated to the executives and non-executive members of Tees. Esk and Wear Valleys NHS Foundation Trusl Board. All those with delegated responsibility of the Trustee are legally co-opted from the Foundation Trust Board and training and development NHS Tee5. Esk and Wear Valleys NHS Foundation Trust needs are addressed through the Foundation Trust appraisal process. Those with delegated responsibility of the Trustee received no remuneration or expenses, and no remuneration or expenses have been paid to any employee. The Strategy and Resources Committee receives and examines reports on Charitable Trust Funds at th￿e month intervals. The membership of this committee was.. Mr B Kilmurray. Chief Executive Mrs L Romaniak. Director of Finance and Information Mrs Ruth Hill (left 31 July 2021) Mr Russel Patton (started 30 August 2021, left 31 January 2022) Mrs S Dexter-smith, Director of People and Culture Mrs M Harte (Chairman) (left 31 Oclober 2021) Mr P Murphy (Interim Chair- started 01 November 2021) Mr J Maddison, Non-Executive Director In order to safeguard the assets of the Charity and ensure income is applied appropriately the Trustee requires charitable funds procedures to comply with the Trust's Standing Financial Instructions and Scheme of Delegation. For day to day operational and management purposes the Charity is divided inl0 sub funds. These are managed by Trust officers who have delegated authority to apply the funds within the objects of the Charity. The Head of Accounting and Governance has overall responsibility for the a(Jministration ol the funds, supplying regular reports lo the Strategy and Resources Committee and completing the annual accounts and annual report for the charitable funds. An adminislration charge is levied at the sub funds to reflect the financial and clerical work ihat Tees, Esk and Wear Valleys NHS Foundation Trust provides. rhe basis of apportionment for this charge is the value of restricted and unrestricted funds as a percentage of the total funds held. 3.2 Relationships The Charity's principal relationship is with Tees, Esk and Wear Valleys NHS Foundation Trust. During the year no member of the Trust's Board had any related party transactions with the Charity. 4. Achievements and performance ' The following funds had malerial movement in balances within the year.. Chime Fund The purpose of this fund is to manage funds for Ridgeway café and shop for the benefit of users. carers and staff and to facilitate the selling and purchasing of items with a therapeutic purpose. The trading account shows funds increasing by £1 k last year. Lanchester Road Hospltal (Adult Mental Health) The purpose of this fund is to support service users within adult mental health services at Lanchester Road Hospital. The fund increased thanks to a legacy received for £14k. NHS Tees, Esk and Wear Valleys NHS Foundataon Tru CDDPS general fund The purpose of this fund is to provide general funding across all services within the Durham and Darlington areas for Servi￿ users I carers. The fund de¢￿ased by £9k in year due to charitable activities, including supporting services users to complete a sailing journey as part of the Voyage of Discovery. Foss Park Hospitsl The purpose of this fund is to benefit the SeTV1￿ users of Foss Park Hospital by providing amenities, activities and events. The fund decreased by £19k mainly due to expenditure on creative arts for wellbeing. 5. Review ol activities There was one new fund set up, 2nd no funds closed during the year. An internal audit review was undertaken by Audit North in July 2019 which gave a good level of assurance. All recommendations have been implemented. Due to materiality a full intemal audit review is completed every three years, however should any process change it is reviewed by internal auditors before being implemented. 6. Flnanclal activity A full set of accounts for the financial year 2021-22 are included with this report. Mazars LLP undertakes an independent examination of the accounts. 6.1 General review The year under review saw a decrease of £22k in net resour￿$ mainly due to expenditure on palienl welfare activities. The overall balance of the funds as at 31 March 2022 was £596k. Income is derived from donations, legacies. raising funds, grants and investment income. Income from raising funds is received from the shop within the learning disabilities, day ￿ntre, and the shop and café at the Ridgeway Centre at Roseberry Park. During the period 1 April 2021 to 31 March 2022 total investment Income was £1 k which was in line with the previous year. Investment income has continued to be less than the administration costs of the Charitable Funds due predominantly to the current economic climate and low interest rates being available. There are a number offunds administered by the Trustee for which bids can be made for goods or services where there is no individual specific Trust Fund to draw on. There were 67 bids approved by the Trustee in 2021-22, to use donations received from Captain Tom fund to improve service user and staff wellbelng. Trustwde NHS Charities Together grants are included within Trustee funds balances. the full amounts received have been made available to the Hea￿h and Wellbeing committee to ensure they are used as per grant requirements. The funds classed as°Others" in note 8 of the accounts are further broken down as follows.. 'Others" Balance £163,203 £50,079 Number Of Funds 100 41 Avera e Fund Balan £1,632 £1.221 Restricted Unrestricted NHS Tees. Esk and Wear Valleys NHS Foundation Trust 6.2 Incomlng resources Total income for thé year was £138k. a deerease of £211 k on last year. Actual figures wer8= 2021-22 £000 10 2020-21 £000 10 Donations Legacies Other trading activities Income from inveslments Grants received 14 111 128 208 Total 138 349 See Appendix 1 for chart showing the split of income sources. 6.3 Material donations and legacies The Charitable Fund received legacies lotslling £14k in 2021-22 and received donations of ' £IOk to various funds. 6.4 Resources expended Expenditure for the year was £160k, a decrease of £10k when compared with £170k spent in the previous year. Analysis of Expenditure.. 2021-22 £000 97 2020-21 £000 98 Purchasing goods for resale Patients, welfare 34 22 20 Staff welfare 18 Fund raising support Governance Gosts Total 22 160 170 Expenditure has decreased from the previous financial year. mainly due to the cessation of a fixed term appointment to provide fund raising support. See Appendix 2 for chart showing the split of expenditure categories. 6.5 Management and administration ¢osts The administration costs include the intsrnal audit fee, bank charges, fund raising support and the Trust cost of administering the funds. Charity Commission guidelines state Ihat if a charity does not exceed £250k gross income in a financial year or does nol have aggregate value of assets of more than £3.260k. it is eligible to have an independent examination rather than a full audit of its accounts. The assets held by the fund are lower than this minimum value, and as such accounts are eligible for an independent examination. Following discussions with the Trusvs auditors. Mazars LLP, it was decided that it would be appropriate for the charitable funds to have an independent examination of the accounts. This NHS Tees. Esk and Wear Valleys NHS Foundation Trust means the overall management costs per annum are £8k, and account for 5.0 % of total expenditure. The basis of apportionment for the administration Costs is the value of restricted and unrestricted funds as a percentage of the total funds held. 6.6 Material expendlture Expenditure of £14k on creative arts for wellbeing was the only instance of material expenditure from the Charitable Funds (e.g. in excess of £5k) in 2021-22 from a slngle fund. 6.7 Golng concern The funds activities, together with the factors likely to affect its future development, perfornian￿ and position are set out in the annual accounts on pages 3-9. The fund has maintalned its level of financial resources due to its long standing policy of only funding one-off in-year applications to the fund, and has no future commitments to discharge olher than accruals and creditors as disclosed in the balance sheet which reports £12k of debt compared to £608k of cash in hand. The retum on deposit account investments has been poor throughout the year due to low interest r8tes available on the market. The low return on investment has resulted in all funds suffering a charge to cover governance cosls. The Trustee's view is thal Ihe Charity is a going concem and Can make the disclosure as recommended by the accounting stsndards board that.. After making enqui17es, the Tnjstee has a reasonable expectation that the Charity has 8dequ8te resources to continue in operational existen￿ for the foreseeable future. For this ason, it continues to adop.t the going concem basis in prepaiing the annual report and aGcounts. 7. Funds managed for and on behalf of other NHS organisations. Within the balances of the Funds held by the Tees, Esk and Wear Valleys NHS General Charitable Fund there were no balan￿$ relating to other NHS Organisations. 8. Policy on reserves and Investments 8.1 Reserves The Trustee considers that it should be the aim to hold sufficient reserves to be able to provide funds to meet charitable expenditure as it is incurred and to review the position on an annual basis. Access to the funds is encouraged so that cash is used often and the trust can bring the associated benefils to its palients. There are limitations on expenditure that can be realised within restricted funds (as it must be related to the purpose of the fund), so a minimum level target is nol appropriale for any fund classed as restricted. With un￿StrICted funds the balance is £287k', as this is not material in comparison with the Trust's tumover of £443,629k no minimum level target has yet been set. NHS Tees. Esk and Wear Valleys NHS Foundation Trust 8.2 Investments 8.2.1 ststem•nt of pollcy on investments The Charity's funds were invested in an interest bearing deposit ac¢ount with Yorkshire Bank PLC at an agreed interest of 0.150/0, Wlth a minimal balance in a lower interest bearing account at Barclays Bank PLC. Funds were invested in this manner, with the objective lo provide maximum security and availability. This allows a flexible and prudent level of control over the charity's funds. 8.2.2 Exposure to risks The Trustee has identified the major risks to the Charity. The main risks can be Summarised as= 1. That the Charity is not operating within its objectives. 2. That accounting transacllons are inappropriatety or inadequately reported. 3. Expenditure is inappropriate, or inappropriately authorised or not spenl for the purposes intended. 4. That income is not appropriated to specific sub-funds in accordance with the intention of the donor. 5. Investments are not propedy safeguarded, resulting in loss of funds. 6. Registered fund holders do not respond to requests for actions relating to the timely and appropriate administration of fvnds. The Trustee has established systems to ensure these risks are kept at a minimum. Namely.. 1. The existencé and compliance with Standing Financial Instructions. 2. An adequately qualified and resourced finance function. 3. The establishment of internal financial control systems which are reviewed annually by an Internal Audit Department. 4. Reporting and review of audit findings to an Audil Committee. 8.2.3 Planned future actlvltSes of the Charity The NHS is an ever changing environment and the future direction of Ihe Charity will be shaped by these changes. The priorities for spending charitable funds are detemined primarily by the fund holders who are managers in the service. By delegating the responsibility of expending charilable funds to this level ensures that those able to make the decisions are best placed to know the exact needs of seNice. 9. Legal and administrative information Registered charity number 1061486 NHS Tee5. Esk and Wear Valleys NHS Foundation Trust Registered address The Flatts Lane Centre Flatts Lane Normanby Middlesbrough TS6 OSZ Trustee Tees. Esk and Wear Valleys NHS Foundation Trust is the sole corporate Trustee of the Charity. Delegated responsibility for Trustee duties for the period covered by this report is allocated to members of the Board of Directors. These were.. Non-executive directors- Mrs M Harte (Chairman) (left 31 October 2021) Mr P Murphy (Interim Chair- started 01 November 20211 Dr H Griffiths (left 30 June 2021) Mrs Shirley Richardson Prof. Pali Hungin Mrs Beverley Rellly Mr John Maddison Mrs Charlotte Carpenter (started 01 September 2021) Mrs Jillian Haley (started 01 September 2021 } Mr Jules Preston (slarted 01 November 2022} Mrs Roberta Parker (started 01 November 2022) Executive directOTS Mr B Kilmurray Dr A Khouja (left 31 August 2021) Dr S Wright (started 01 September 2021) Mrs Ruth Hill (left 31 July 2021) Mr Russel Patlon (slarted 30 August 2021, left 31 January 2022) Mrs E Moody Mrs L Romaniak All Board of DireGtors appointments are made in accordance with the policy and procedures laid down in the NHS Code of good practice. The Secretary of State for Health, in line with statutory requirements approved the Chairman's appointment, and a panel comprising the minimum statutory members, inc5uding the Chairman and an expert independenl assessor, made the Chief Executive's appointment. All other executive and non-executive appointments to the TTUSt Board were made following external advertisement and robust and transparent selection procedures. Independent examlners Mazars LLP The Corner Bank Chambers 26 Mosley Street Newcastle upon Tyne NE1 1DF NHS Tees. Esk and Wear Valleys NHS Foundation TTUSt Legal advisors Ward Hadaway Sandgate House 102 Quaysidé Newcastle upon Tyne NE13DX Bankers Yorkshlre Bank PLC 7 Linthorpe Road Middlesbrough TS1 1RF Barclays Commercial Bank PO Box 190, 2 Floor, 1 Park Row, Leeds. LS15WU Analysis of incoming resources Appendix 1 2021-22 Incoming Resources (£000) Grants recelved, £3k Le8atie& £14k Othertradlng rtivities. £lllk Donatlons £IOk 2021-22 Incoming Resources (Yo of total income) Grant4received, Legacies, 10% Othertrading actlvltle5. 80% Donations, 7% Analysis of resources expended Appendix 2 2021-22 Resources Expended (£000) Governance costs, £llk Staff welfare and amenlties, £18k Purcha5inggoods for re-sale. £97k Patients welfare and amenities, É34k 2021-22 Resources Expended (Yo of total expenditure) Governance costs. Staff welfare and amenities. Il% Purchasing goods for re-sale. 61% Patlents welfare and arnenities. 21% 10: Charitable Fund Account CHARITA8LE TRUST ACCOUNT- TEES, ESKAND WEAR VALLEYS NHS FOUNDATION TRUST- 2021.22 ststernenl of tru tso re$ Tee5, Esk and Wear Valleys NHS Foundation Tmst is the sole wrporaie truslee of the fund. Ddegated responslbllity ol the Irusiee Is ap￿led lo executSve and e¥eGubve membets ofTees. Esk and Wearvameys NHS Foundatton Trust Board. The INslee Is responslble preparfng th&trustees' Annual Reportand financkol statements in aGL¥)rdancewilh applKxbk United ￿ngdo￿ AGcJ)unlna Standatd5 (United Kirodom Generalty Accepled Accounting Pracllcel. The law applkable to tharibes ￿ EngL8nd and WaleslScoUandlNorthÈrn Ire&￿1 requlras thè tmstee lo prapare finanu statements for each finandal year which give a Iwe and Pdir of the State of a￿1￿$ of the charty and of Ihe incomino resources and appI￿￿tIon of r880urce$ of Ihe chadtyfc¢thai period. In preparing the56 Inanclal statsrnents th8 biJstse 18 r4uirgiS to.. sekxl suilaN& acC￿ntIng policies and then apply them cwsi518ntty', observe the methods an¢ princlples Sn the Charibes SORP.. makejudgernents and esllmalas Ihatare reasonabb and prudent., 5ts19 whelherapp1￿ab￿ a￿U￿ting slandards have baen fdlowed. sublectto any rnaterial dBparbJi8s diSck)S￿ and ey1)￿￿￿8d In the finantyal stalements.. and prepare thefinandal statements on thegoing coKem basi% un￿sS it inapproprL8te to preÈumetW the charftywill conlinue ID bush8SS. Th& tru$te¢ is responsible for keeping proper ac4ounlino records that disclose with reasonable accuracy al any ltha the finanGT81 poiityon of the ch8rrty and enable thwn lo ensure Ih81 the finanrAal 5talements comply wilh the ChatiUe5 Act 2011. the Charity (Accounts and Reports) ReyulalK)n5 2008 and the provisions of the Itusl deed . It Is also rèsponsible for safeouardiry the asset$ of th& charity and hence for takin9 reasonab￿ steps for the prevention and detecth)n of fraud and other Irre9ularitiÈs. The INslee is responsible for the malntenanct and integrity of the chafity and fiftancial ￿fOr￿4￿.0n Sncluded on the chariiys website. Legislation in the Unlted Kingdom oovetning the preparallon and dissemination of financlal Stslem￿ts may drffer1￿rn islation in 0therjurisdict￿ns. The Irusl88 confim)s thai it has Inet the re$ponsbllllies sei out abo￿ and com￿led wth Ihfr requirements for p￿par￿9 the arxounts. Tht finanGial stslemenls sel out on pages 14 altaGhed have been complr&d from and are in accord3nce wlth IhÈ finaTh￿A￿ retsrd5 maintained by the trustee. By Order of Ihe tnjsteo. and those with delegated responsibilty Chairjnan... 2iJtr 2022 Execu￿Ve 01 Dale.&.l. . 2()22 Page 1 CHARITABLE TRUST ACCOUNT- TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRiIST- 2021-22 Statement of Financial Activities for the year ended 31 March 2022 31 Mar¢h 2022 Unreslrittted Restricted Funds Funds £000 £000 31 Morch 2021 Total Funds Total Funds Not8 £000 Incoming resources Income and 8ndowments from..: 0￿￿tiOnS LegaciB$ (knnts receNed .. Income from inveslrnents Other Iradlng a¢bvilie5 10 14 14 208 111 128 Total in¢omo and end0*7nents 131 3d9 Resourees expended Exp•ndlture on= Raising funds Charitable Aclnfjlies 197> 11201 15D) {371 Totsl r680t1r￿S oxpgnded 11601 ' P4¥t movement In funds 179 R•¢on¢illatlon olfunds.. Fund balances braughl forward 8131 Merch 2021 Fund balances ¢*rri•d forward at31 March 2022 317 287 501 309 618 596 439 618 -The￿ were no olh8rreco4nised gain$or1osse5 n theyear. Pag8 2 CHARITABLE TRUST ACCOUNT- TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST- 2021- Balance Sheet as at 31 March 2022 Unrestricted Restricted Fund5 Fund$ £000 £coD Yotal at 31 March 2022 £000 Total at 31 March 2021 £000 NO￿5 Current assets Debtors Short Tetrn Deposrt Investrnent Ttstsi current a$sgts 292 292 31e 316 608 608 622 824 Current liabilities Creditors.. Amounts falling du8 within on8 year Total Guffent liabilitles 151 151 171 171 112 1121 161 161 Total current assets less current Ilabilities 287 596 618 Total ngt assgts 287 309 596 618 Funds ot the Charity Income Funds.. Restricted un￿StriCted 309 287 301 317 287 Total funds 287 309 596 618 Note5 numbered 110 13 foTh part of e accounts. Slgnod.. Date.. Page 3 CHARtrABLE TRUST ACCOUNT- TEES. ESKAND WEAR VALLEYS NHS FOUNDATION TRUST- 2021-22 Note$ to the Account A¢¢ountlng pollelès The principal accounting por￿￿$ are summartsed bek)w. They have b88n applied con$￿ten￿Y through out the rewrtiu year 2021-22 and throughout Ihè ￿MparatorS shown for the previous reporting year 2020-21. 1.1 Accounting ¢onventlon These a¢¢ounts have pTepa￿d under the hi51orieal cost ConVent￿n with itèms ￿cOgnised at C05t or transaCt￿n valu8 unless otheThvise stated in the re￿Want nolelsl to the38 accounts. The a¢¢ounts have been prepared in accordance Nwlh the Siat8ment of Re¢Dmmended pract￿.. Attounting and Reportiry by Charrties preparing theii accounts in accordan￿ *ilh the Financial Reportiw Standard applicab￿ in the UK and Republic of Ireland IFRS 1021 ISSU￿ on 16 Juty 2014, and with the Fin8ncial Reporting Standard app1icabl8 in Ihe United ￿r¥Jdorn and Rgpublic of IrelaThJ IFRS 1021 and wth the Charit*s Act 20.11. The charrty consblutes a pl￿￿¢ benefit entity as defined by FRS 102 12 Incoming resoU￿e8 All incoming resour￿ are ndLbJ8d in lull in the Statement of Finanaal Adivibes 88 soon as the folbwng three fadors are met.. entit￿rn&nt- control over ts rb3hts or other a￿esS to the economic be￿rrt ha$ Pass￿ to the charity., prObab￿- it is rnore Id(ety than not that the 8conomi¢ benefrts assocHted wth the transa¢tion or gfftwll fk>w to the charity.. mea$urement- the monetaryvalue or amounl of the income Can be rneasur8d reliabty and the costs ncurred lor the transaction ard the costs lo compkte the transaction can be measured reliabW. Legacie8 LegaC￿S are accounted lor as in¢Dming resources once the re￿Ipt of the kgacy becomes reasonably certain. Thks ￿711 be once confyrnation ha5 been re￿ived from the reprtsenlalNes of the estste that payment of the kgacy will be made or property transferred and all ¢onditiorB attaC￿d te the1￿8¢Y have been Off50tting The￿ has been no off5eiting of assets and li8ts1ilps, or income and eypenses. Grants and donations Grants and donation5 are onw included in the SOFA the general irwn8 recognition ¢riterp a￿ mel. No performance ie&ted grants were receDRd. Tax re¢lalm8 oft donatsons and girts G￿ Aid receivable E included in income when there is a dedaration from Ihe donor. Any Grft AKI amount recovered on a donation is considered lo be part of that gift and 15 tr8ated as an addrtion to the same fu￿ 85 the Initkil donation un18SS th8 dO￿r or th8 terms of the appeal have spe¢ified olh8nfvise. 1.3 Resoureos #xpènded and cr0d￿0T8 The Charty accounts are prepared in accordance Mrilh th8 attruais cOn￿pt. Al e>Fendilur8 i5 rècognlsed On￿ there is gal or ￿nStructive obl￿]at￿)n to rnake a payment to a third paty. Cost of generdtlng fund8 The ¢osl of gertsrating funds a￿ the ¢o$ts associated wlh generating fftcome for the fund5 hekj on twsl Govornance costs These are accounted for on an accruals bas6 and are recharges of appropriate proportk)n$ of the funds administration costs from Tees. Esk WearValley5 NHS FoUr￿8t10n Trust, plus Intemal and External Audit ¢harge5 for 2021-22. These ￿$ts a￿ apporboned across th8 funds using thè appropriate d2ssification of fu￿. During 2021_22 the classif￿allon splitwas". Restricted 52%, Unrestricted 48%. Credttors Th8 charity has ereditors which are measured al 58tU8m8nl amounts. 1.4 Structure of fund$ Where there B a legal rastriction cn putpose lo wttich a fund May be pul, the fund 15 cla$$ffied in the accounts as a restricted fund. Fund5 where opital is held to generate income for charitable Pu￿0$e$ and cannot itsew bè spènt ara c1assthed as Ltr)reslri¢ted funds. FurKls wht¢h ore not ￿galty restricted butwhrch the Trustees have thosen to earrnark for set purpose5 are cL4ssrfEd as restr¢1￿ funds. The major restr￿1￿ funds he￿ within these categories are di8cb8ed in note 8. P89e 4 CHARITABLE TRUST ACCOUNT- TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST- 2021-22 1.5 Realised gains and loss¥$ All gains and losses are taken lo the St*ament of Financial Actiiilies as they arise. Rèalised gains and losses on investments are cal¢yJlated as the differen￿ b$iween sales proceeds and opening markèt value lor date of purchase if later). Unrealised gains and losses are (glculaled as the drfre￿rte btheen market vakne at the y&ar end arKI opening market value lor dale of purchase If kglerl. 1.6 Pgnsions contributions The Charity does not employ staff and does not make pen&on contributions. 1.7 Change In thè basis of accountlng There has been no change in the accountirKJ policy or a¢￿UntIng estimates in the year. 1.8 Prior year adjustments There are no prior year adjustments in these accounts. 1.9 Going concern After making enquiries. the Twstee have a reasonable expectation that the Charity has adequate resourcEs to cofftin￿ in operational existence for the foreseeable future. For this reason, they continug Its adopt the going ¢on¢em basis in preparing the accounts. Please see s¢¢tion 6.7 within the Anwal Rfyport for further delwls 1.10 Stock A small balan¢¢ of stock is held lo support,the actimlies of the Ridgeway Cafe I Shop and LD FOren￿C Day Serwces however, having reviewed the balance of stod(s hetd over time, the Trustee has confirmed that the stocks are both stsble and immaterial in value. Consequentty stocks are not recognised within the financial slalements rather are treated as eypendilure as they are purchased. Rèlatsd party transactions . During the year no members with dtrlegaled respongbilty for the Tru8tee, or members ol the key management staff or parties related to thom has urKlertaken any malerHI transath'on5 with the Tees. Esk and Wear Val*s NHS Trust General Charitable Fund12020-21. £nil). The Charitable F￿d does not have the facAlf(y lo pay creditor3 therefore. Tees. Esk and Wear Valleys NHS Foundation Twst makes the payments on the Futyl's behaw arKI i8 re-imbursed on a monthly basis by the Fund. Certain i)¢ome for the Charitabte Fund is inthally banked through Tees, Esk and Wear Valleys NHS.Foundation Trust. This ircome is re-imbursed to the Futyl on a monthly basis. Tees, Esk and Woar Valleys NHS FoundalK)n Trust is the sole corporate trustee of the fund. Delegated responsibility of the Iwstee 18 applied to executive and non executwe members of Tees, Esk arKI Wear Valleys NHS FOUnda￿on Trust Board (names listed klDwI. All are a180 members of Tees Esk and Wear Valleys NHS Foundation Trust. Mrs M Harte Mr B Kilmurray Mrs L Romaniak Mr R Patton {301h August 22- 31st January 221 Drs Wright DrA Khouja Mrs E Moody MrsRHi Mr P Murphy Mrs Shirtey Richardson Mr John Maddison Mr H Griffiths (left 30th June 211 Mrs Bevertey Reilly Mr Pali Hungin Mrs Charfotte Carpenter Mrs JiLk8n Haley Mr Jules Preston Mrs Roberta Barker Page 5 t%ARITABLE TRUST ACCOUNT- TEES. ESKANDWEARVALLEYS NHS FOUNDATON fRUST- 202142 Dètsw$ of r+so￿T¢e5 expgnrt•d on chJTlt#bl**¢ifvttiA• 3.1 kntlmlies infurth•r4rrn of charibÈa0b5e￿w5 Unmsiricied Funds R•siricithl Funds T¢Trtsi 2022 Tot￿ 2021 EOOO (in £wo £000 Pabènts ¥¢eW4re8nd amerile5 Staff w4lta• and AM￿hleS Go%trn￿cQ￿$ts{See 3.2 beknw} 17) 137 3.2 ￿llySIs olgovorn•fy¢• toÈts Unrgslrf#ed Fundk Restrided Funds Tvtsl 2022 2021 £000 £000 £000 00 Esl*lishmFnl cos15 IntfjtnJllEkteind audilfee. NNS CharibesTWhermemb2rshlp 'IndependeM eyArnlnAUrAI of iheaccvuni¥ri*t£480 JJ D•tsik of costs In¢￿TI¢d In waL%lng funds Resthctod Fynd$ Total W2Z Tot412021 £000 £000 00 Purchaslw 9uod¥ fOrr￿s￿e Fur￿ SuppLYt 22 197 ATrHty5* oftotsl reiwrc4%*xp*ndAd Cosls of Iw¥irwJ co￿8 of &stiMlleBfor ¢hfjtrt*)lé obiè¢bW$ ÉOOD ' Total 2022 Total 2021 £000 £000 Èooo 1rtemAI l Extemal audilfee Cornpliance coBlsfoiTrustFun¢ NHSCharibe$ Togglher rn9Mbèts￿p F￿d Rw$ing Support 16) (3) {221 19n Ign 52 1491 Anoty$lFollv¢oM• 5.1 GrnTrts ro¢*4ed unr8g1ri￿8d Fun Reytrfcted Funds Totsl Z022 TLXd 2021 £000 £000 £￿0 NHsC￿n]￿e$TOlleth91 Other tswt$ 5.2 In¢omefrom lTrv•slrngnts ¢orne trom lnwstrn8nt8al£Okrd￿&1I01rtleresirtt￿￿1 on 1Th1￿4dualfund b*anres hdd bylhecharity. Thè9• in*sthients I￿ held Snthe UK. 5J D￿113 ()f oth•rtrndlng actlvW&s The£111kinLx*mefmm Céheriredlng EKti%iti8swas d9*hT￿Y1rOMj￿ rep38￿0[￿X>jS Nyehosed aia£osto1£97L ¢h8nue3 ITr resouru¥ Jvallabh foreh*Yity Unre￿1[¢1•1 Fund R•stricted Total 2022 £oou Toial 2021 £(NJD £000 Nel mobymert In fur￿¥forth￿y￿ L*frJr@transfar NelincreaJtl(decrea¥el infundsforthw)vo1 30 30 22 22 179 179 Pa9ee CJ ￿ E cc c CC E 111 ££5 c E Iiilll 111 (L ÉL EE EC 00¢ tso o 000 CJ t4 Iiliili, CHAR￿ABLE TRUST ACCOUNT-TEES. Eg(AND WFARVALLEfS NHS FQUNDATVJq TRU9T- 2021-22 ConnKted oryaTrlsatlonB 2021-22 TuinoNTrof Confiecitil Organisalon 2020-21 Tummrof Nel Suiplus Icrthe Connected OrgoriEation- £000 e1oEfi￿tknthe Connect?d Oigani¥abon" £000 Oroanisthon EOOO T￿Charity154dmln15IVied byTw$. Esk and Weèrvdltyj NHS FT 44J.•29 1{2401 423,265 The d¥fjcil for 2021-22 IneludÈS ayndlture foi unAnUdpAied 1rn￿lments aFsetg tO1￿lin9 £10,S98k Wudlng IheBt n operAbng item6 r•sull In asur￿￿￿￿E6,4sBk . The deficit for 202&21 loi urtantiap*d IMp￿rM￿lt$ cl ￿Xed asutS tol8lling £25.8é1k W￿]Ing thes& n 4perntionitems woufd resullln a 5urrlu5 rf£9.1Wk. 10 Oth•rlullds holdforand on behalfololh•r NHS organ15￿0￿$ WrfNn the baance5 Qt FL￿d$ byltrn Tws. Esk WeÈrV4leys NHS G￿eral CtrAritat4e Fund IheT8 w¢rq rdaling loother NFIS Oiganisthons 11 ¢J•h flvw eherity has taken •Yvanlag• ollhe exemptian to it Lthder gec*icn 7 of FRS102 ncl lo prodwx 8 llrw atètement lo it¥ gize 12 T￿ntIon IIAblllty As a r￿l*ere￿ ¢hqrily, Tee5. E6￿￿ Wear V￿1@Y8 N￿$ Charila￿e Fund Is PO*nbdlyexEmwfiorn laxathjn of Income galn$ faliry V•lthin Pat 1U Ot the kKome Ta%Act 2007 end $286 Taxatknn and Ch•gea￿@ gains Act 1992. tax charge has ailsen In 13 PostBalHD¢•8h•Bt•vqnts ThÈreate no Wance $heetth*nts toreport. P4gè8 CHAR￿ABLE TRUST ACCOUNT. TEES. ESK AND WEAR VALLEYS NHS FOUNDATION TRVST- 2021.22 DEPENDENT EXAMINER'S REPORTTO THE TRUSTEE OF TEES, ESK AND WEAR VALLEYS NHS TRUST GENEIUL CFIARITABLE fuND I report on statarEnts of Tees, Esk Vakys TtU5t G￿ra1 Chathatle Fu￿j for ihe year ended 31 2022, whlch are sei out In Secllon 10 R8SP*Ctlve respon$lbll(tto8 of truit•es and èxamlner The charitys trustee is responsible for the prepara￿£￿ of the financ[￿ slat*Trents. The charkY5 trustee con51deis Iha an ncl requlred forlhis year u￿￿$8¢￿0n 144121 ofthe CharilEs Act 2011 Ithe 2011 Act) and that an In¢£p•i￿ exarnlnalkni Is 11 is my reswsibility to.. examinelhefinanci¥J statements undw $ecbon 145 of the 2011 Act", . f(￿lOW￿ procedures Lqk1 dT￿ 2008 other than any re4ulremenl Ihat Ihe finan¢i81 statements a'tsueand far, which Is not a matter con5iOered a5 Part of an indppaident exammatkli. I no cfM)tyns and have comeacross noother maiters In connectyon Iheexaminalion towhich, In my opinK)n, attenuon shouk1 be drawn h orderts>enabie a woper undertsianding of thÈ financK81 ststements to be ￿￿￿ed. Name.. Cameron Wodddl ICPFAI for and on beh￿f ofmazars LLP Relevant professional qualification u bixly. CIPFA Address". The Comer, Bank Chambers. 26 mo￿eyStr88t. Newcasueupon Tyne. NE1 1DF Date.. 22-DeG-22 Page9