Tees, Esk and Wear Valleys NHS Trust
General Charitable Fund
Fund Number: 1061486
Annual Report 2022-23
CONTENTS PAGE
Section
-
01 Background
-
02 The Trust Charity and objectives
-
03 Organisational structure and relationships
-
04 Achievements and performance
-
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
-
11 Appendices
Appendices
-
1 – Incoming resources
-
2 – Resources expended
Tees, Esk and Wear Valleys NHS Foundation Trust
General Charitable Trust Fund
Annual Report 2022-23
1. Tees, Esk and Wear Valleys NHS Foundation Trust General Charitable 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 Darlington 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 governing document for the charitable funds) states the Charity’s principal objectives as being:
- “... for any charitable purpose or purposes relating to the National Health Service”.
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 with 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: Benefit must be to the public, or section of the public
The Trustee confirms that they have had regard to the guidance contained in the 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 it has followed this guidance by:
-
Providing additional amenities, events or equipment for service users and carers, and employees of the Trust throughout the year.
-
Ensuring there is no detriment or harm that, in their view, might arise from carrying out the charity’s aims.
Further details of specific activities that have been provided can be referenced in Section 4 – Achievements and performance.
3. Organisational structure and relationships
3.1 Organisation structure
Tees, Esk and Wear Valleys NHS Foundation Trust is the sole corporate Trustee of the charity. Delegated responsibility is allocated to the executives and non-executive members of Tees, Esk and Wear Valleys NHS Foundation Trust Board. All those with delegated responsibility of the Trustee are legally co-opted from the Foundation Trust Board and training and development
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 three month intervals. The membership of this committee was:
Mrs Liz Romaniak, Director of Finance, Information and Estates/Facilities
Mr Mike Brierley, Assistant Chief Executive
Mrs Ann Bridges, Director of Corporate Affairs and Involvement
Mr Paul Murphy (Interim Chair – left 31 August 2022)
Mr David Jennings, Chair (started 1 September 2022)
Mr John Maddison, Non-Executive Director (started 1 September 2022) Dr Charlotte Carpenter, 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 into 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 administration of the funds, supplying regular reports to the Strategy and Resources Committee and completing the annual accounts and annual report for the charitable funds.
An administration charge is levied at the sub funds to reflect the financial and clerical work that Tees, Esk and Wear Valleys NHS Foundation Trust provides. The 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 material 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 reducing by £4k last year.
Foss Park
The purpose of this fund is to benefit the service users of Foss Park Hospital by providing amenities, activities and events. The fund increased thanks to a legacy received for £35k.
CDDPS general fund
The purpose of this fund is to provide general funding across all services within the Durham and Darlington areas for service users / carers. The fund decreased by £93k in year due to expenditure of NHS Charities Together grants on staff and patient health and wellbeing.
Occupational Therapy
The purpose of this fund is to purchase appropriate equipment for benefit of patients receiving support from our occupational services teams. The fund increased by £12k mainly due to a legacy received.
Acomb Garth
The purpose of this fund is to benefit the service users of Acomb Garth by providing amenities, activities and events. The fund decreased by £10k due to expenditure on equipment to support patients with dementia.
5. Review of activities
There were no new funds set up, and eleven funds closed during the year. Funds are closed linked to service change or the balance becoming minimal.
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 internal audit review is completed every three years, however, should any process change it is reviewed by internal auditors before being implemented. The pandemic interrupted the review cycle, and we are working to reinstate established processes.
6. Financial activity
A full set of accounts for the financial year 2022-23 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 £54k in net resources mainly due to expenditure on patient welfare activities. The overall balance of the funds as at 31 March 2023 was £542k.
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 centre, and the shop and café at the Ridgeway Centre at Roseberry Park.
During the period 1 April 2022 to 31 March 2023 total investment income was £2k which was a slight increase on 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. The Trust is exploring investment accounts for charities to improve the rate of return received on cash balances.
There are a number of funds 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 19 bids approved by the Trustee in 2022-23, to use grants received from NHS Charities Together from the donations raised by Captain Tom to improve service user and staff wellbeing.
Trustwide NHS Charities Together grants are included within Trustee funds balances, the full amounts received have been made available to the Health 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 | Number Of Funds | Average Fund Balance | |
|---|---|---|---|
| Restricted | £154,870 | 99 | £1,564 |
| Unrestricted | £45,654 | 41 | £1,114 |
6.2 Incoming resources
Total income for the year was £230k, an increase of £92k on last year. Actual figures were:
| 2022-23 £000 |
2021-22 £000 |
|
|---|---|---|
| Donations | 18 | 10 |
| Legacies | 46 | 14 |
| Other tradingactivities | 161 | 111 |
| Income from investments | 2 | 0 |
| Grants received | 3 | 3 |
| Total | 230 | 138 |
See Appendix 1 for chart showing the split of income sources.
6.3 Material donations and legacies
The Charitable Fund received legacies totalling £46k in 2022-23 and received donations of £18k to various funds.
6.4 Resources expended
Expenditure for the year was £284k, an increase of £124k when compared with £160k spent in the previous year. Analysis of Expenditure:
| 2022-23 £000 |
2021-22 £000 |
|
|---|---|---|
| Purchasing goods for resale | 117 | 97 |
| Patients’ welfare | 115 | 34 |
| Staff welfare | 41 | 18 |
| Governance costs | 11 | 11 |
| Total | 284 | 160 |
Expenditure has increased from the previous financial year, mainly due to the utilisation of grants received from NHS Charities Together in 2020/21 to enhance staff and patient welfare in response to the pandemic.
See Appendix 2 for chart showing the split of expenditure categories.
6.5 Management and administration costs
The administration costs include the internal audit fee, bank charges, and the Trust cost of administering the funds. Charity Commission guidelines state that if a charity does not exceed £250k gross income in a financial year and does not 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 Trust’s auditors, Mazars LLP, it was decided that it would be appropriate for the charitable funds to have an independent examination of the accounts. This means the overall management costs per annum are £8k, and account for 2.8% 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 expenditure
There were two instances of material expenditure from the funds (e.g. in excess of £10k) in 202223 from a single fund.
Vouchers totalling £24k were given to volunteers as a thank you for their support during the pandemic, with each volunteer receiving £100 in vouchers.
Staff and patient environments were improved Trustwide using the NHS Charities together grants, with spend of £65k on furniture and equipment for clinical teams.
6.7 Going concern
The fund’s activities, together with the factors likely to affect its future development, performance and position are set out in the annual accounts on pages 2-8.
The fund has maintained 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 other than creditors as disclosed in the balance sheet which reports £9k of debt compared to £551k of cash in hand.
The return on deposit account investments has been poor throughout the year due to low interest rates available on the market. The low return on investment has resulted in all funds suffering a charge to cover governance costs.
The Trustee’s view is that the Charity is a going concern and can make the disclosure as recommended by the accounting standards board that :
After making enquiries, the Trustee has a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the annual report and accounts.
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 balances 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 benefits to its patients.
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 not appropriate for any fund classed as restricted. With unrestricted funds the balance is £228k; as this is not material in comparison with the Trust’s turnover of £484,465k no minimum level target has yet been set.
8.2 Investments
8.2.1 Statement of policy on investments
The Charity’s funds were invested in an interest bearing deposit account with Yorkshire Bank PLC at an agreed interest of 0.65%, with a minimal balance in a lower interest bearing account at Barclays Bank PLC. The Trust is exploring other investment accounts to improve this rate of return and generate additional funds.
Funds were invested in this manner, with the objective to 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:
-
That the Charity is not operating within its objectives.
-
That accounting transactions are inappropriately or inadequately reported.
-
Expenditure is inappropriate, or inappropriately authorised or not spent for the
-
purposes intended.
-
That income is not appropriated to specific sub-funds in accordance with the intention of the donor.
-
Investments are not properly safeguarded, resulting in loss of funds.
-
Registered fund holders do not respond to requests for actions relating to the timely and appropriate administration of funds.
The Trustee has established systems to ensure these risks are kept at a minimum. Namely:
-
The existence and compliance with Standing Financial Instructions.
-
An adequately qualified and resourced finance function.
-
The establishment of internal financial control systems which are reviewed annually by an Internal Audit Department.
-
Reporting and review of audit findings to an Audit and Risk Committee.
8.2.3 Planned future activities of the Charity
The NHS is an ever changing environment and the future direction of the Charity will be shaped by these changes. The priorities for spending charitable funds are determined primarily by the fund holders who are managers in the service. By delegating the responsibility of expending charitable funds to this level ensures that those able to make the decisions are best placed to know the exact needs of service.
9. Legal and administrative information
Registered charity number
1061486
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 :
Mr Paul Murphy (Interim Chair – left 31[st] August 2022) Mr David Jennings (Chair – started 1[st] September 2022) Mrs Shirley Richardson (left 31[st] August 2022) Prof. Pali Hungin Mrs Beverley Reilly Mr John Maddison Dr Charlotte Carpenter Mrs Jillian Haley Mr Jules Preston Mrs Roberta Barker
Executive directors
Mr Brent Kilmurray Dr Stephen Wright (left 26[th] June 2022) Dr Kedar Kale (started 27[th] June 2022) Mrs Elizabeth Moody Mrs Liz Romaniak Mrs Ann Bridges Mrs Hannah Crawford (started 1[st] April 2022)
All Board of Directors 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, including the Chairman and an expert independent assessor, made the Chief Executive’s appointment.
All other executive and non-executive appointments to the Trust Board were made following external advertisement and robust and transparent selection procedures.
Independent examiners
Mazars LLP The Corner Bank Chambers 26 Mosley Street Newcastle upon Tyne NE1 1DF
Legal advisors
Ward Hadaway Sandgate House 102 Quayside Newcastle upon Tyne NE1 3DX
Bankers
Yorkshire Bank PLC 7 Linthorpe Road Middlesbrough TS1 1RF
Barclays Commercial Bank PO Box 190, 2 Floor, 1 Park Row, Leeds, LS1 5WU
10: Charitable Fund Account
CHARITABLE TRUST AceouNT-TEES ESKAND WEAR VALLEYS NHS FOUNDATION TRUST. 2022-23 Te, Esk and Wear Valley5 NHS Foundation Twst is the sole corporal8 tnjste? 01 Ihe fund. Da98d respOnbIl of trus18e Is appld lo execulfve and non oxecutiva mambèrs of T&Ès, E&k and Wearvalleys NHS Foundgtton Trust Board. The truthe is rtsponsiblè for prepariAy Ihe trustees, Annual Report and finanrypl 5ts1ernents in accordance with appllcabl8 law and United Kingdom Acrunling Standards Iunited ngdoM Gen8rally Acc8ptsd Accounlng PMcttcel- The law 8ppll¢abk lo Charilles In England and WalESIs)andlN0rthe Ireland require5 the trustee to prepa finanal statèm8nts for each finanGial year Vdhith give a twe and fair view of kne Stato et affaks of the thadty and of Ihe Incorflng re50urce¥ and applItiOn of re8ource8 of the chartty for that p8rfod. ITh preparfn9 lhasa finandal statamtrnts tha trUSts8 rg4UiTedlo- 58lect sullabl8 ac¢ounlNJ poli&0$ and Ihen apply thtm (xinsistenty. obs8rv& the mèthods and pdndple5 in the Charille5 SORP.. makejudgewmts and 88Umatssthal are r8ason8bfe 8nd pnJd?nt', state whelhar applicable actounb'ng stsndards have bpen fol1¢y. sublectto any materfal departur8$ ¢1088 and éxplalned in Ihe financial statements- and preparg Ihe finani>81 stalements on the going concem bas&% unless R Is Inapproprfate lo presume thatthè Charity11 InlTw& In buskn8ss. Th8 1rn8188 Is rasponsIb for keeplny prllr accounllng reu)rds that disclo wlh reasonabk accuracy al any th8 financlal posllon ef d)adty and enabl8 Ihgm lo ensure that the financial statements o)mply the Chartties Act 2011. thè Charity IAccDunts and Rewrt51 Regulglk?ns 2008 and the prowslons of the trust daed . 11 is ako respDnsibl8 for safeguarding the assets the charity and h6nc8 for taking r88s0n8ble steps for the prention and dele¢tion of fraud and other irregularities. The trustee is reswnstr>le for Ihe m8inlenance and Intogrfty of th8 thadty and flnanua1 Inforrnation include6 on Iha website. LegislHtson in the United lQn9dom go¥emlng Ihe preparation and dissemination of finanual 5toternen15 mgy drffer from leglslation kn olh8rlurfsdlctSon¥. The tNste8 confirms that h has met tha rèSPDnsibllitips set oul Hbove Bnd cornplied'wbth Ihe wulr8m8nts for w8paring th& aceounts. The flnanc&l $lalements Set out on pages 1-8 allached have be8n compiled from and arè 8ctt)rdance WE th flnantial records maintalned bythe tsu518e. ByOrd8rof the ¢ruste8, and thotsèwlth dèlogH¢2d responbkIllY Chalman..... Date.. 11th January 2024 Exeujuvo 01 Dale.. 11th January 2024 PBge 1
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
Statement of Financial Activities for the year ended 31 March 2023
| Note Incoming resources Income and endowments from: Donations Legacies Grants received 5.1 Income from investments 5.2 Other trading activities 5.3 Total income and endowments Resources expended Expenditure on: Raising funds 3.3 Charitable Activities 3.1 Total resources expended 4 Net expenditure Transfers between funds 6 Net movement in funds 6 Reconciliation of funds: Fund balances brought forward at 31 March 2022 Fund balances carried forward at 31 March 2023 |
Unrestricted Funds Restricted Funds £000 £000 12 6 35 11 3 - 1 1 - 161 51 179 - (117) (111) (56) (111) (173) (60) 6 1 (1) (59) 5 287 309 228 314 31 March 2023 |
Total Funds £000 18 46 3 2 161 230 (117) (167) (284) (54) - (54) 596 542 |
31 March 2022 Total Funds £000 10 14 3 - 111 |
|---|---|---|---|
| 138 | |||
| (97) (63) |
|||
| (160) | |||
| (22) - |
|||
| (22) 618 |
|||
| 596 |
There were no other recognised gains or losses in the year.
Page 2
CHARITABLE TRUST ACCOUNT- TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST- 2022-23 Balance Sheet as at 31 March 2023 Unr85trict8d Re5trfctad Funds Funds £000 Total at 31 March 2023 £000 Total at 31 March 2022 £wo Current assgts Short ferm Dery)sit Investmènt Total current asse15 228 228 323 323 55q 551 808 808 Current liabilities Creditcr5.' ATTiounts falling due %*ithin ono year Total current Ilabllltles 191 191 (91 191 1121 1121 Total current assets less current Ilabllltles 228 314 542 556 Total net assets 228 314 542 Funds of the Charlty Income Fund$: Resthcted Unre5trict8d 314 314 228 228 287 Total funds 228 314 $42 596 Not85 numb8re 1 to 13 fom) part of the ou Slgn8d- D8t8'. 11th JaN8ry 2024 Page 3
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
Notes to the Account
Accounting policies
- 1 The principal accounting policies are summarised below. They have been applied consistently through out the reporting year 2022-23 and throughout the comparators shown for the previous reporting year 2021-22.
1.1 Accounting convention
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 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
1.2 Incoming resources
All incoming resources are included in full in the Statement of Financial Activities as soon as the following three factors are met:
entitlement - control over the rights or other access to the economic benefit has passed to the charity;
probable - it is more likely than not that the economic benefits associated with the transaction or gift will flow to the charity;
measurement – the monetary value or amount of the income can be measured reliably and the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.
Legacies
Legacies are accounted for as incoming resources once the receipt of the legacy becomes reasonably certain. This will be once confirmation has been received from the representatives of the estate that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses.
Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met. No performance related grants were received.
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.
1.3 Resources expended and creditors
The Charity accounts are prepared in accordance with the accruals concept. All expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party.
Cost of generating funds
The cost of generating funds are the costs associated with generating income for the funds held on trust.
Governance costs
These are accounted for on an accruals basis and are recharges of appropriate proportions of the funds administration costs from Tees, Esk and Wear Valleys NHS Foundation Trust, plus Internal and External Audit charges for 2022-23. These costs are apportioned across the funds using the appropriate classification of fund. During 2022-23 the classification split was:
Restricted 58%, Unrestricted 42%.
Creditors
The charity has creditors which are measured at settlement amounts.
1.4 Structure of funds
Where there is a legal restriction on the purpose to which a fund may be put, the fund is classified in the accounts as a restricted fund. Funds where the capital is held to generate income for charitable purposes and cannot itself be spent are classified as unrestricted funds. Funds which are not legally restricted but which the Trustees have chosen to earmark for set purposes are classified as restricted funds. The major restricted funds held within these categories are disclosed in note 8.
Page 4
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
1.5 Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (or date of purchase if later). Unrealised gains and losses are calculated as the difference between market value at the year end and opening market value (or date of purchase if later).
1.6 Pensions contributions
The Charity does not employ staff and does not make pension contributions.
1.7 Change in the basis of accounting
There has been no change in the accounting policy or accounting 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 Trustee have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the accounts.
Please see section 6.7 within the Annual Report for further details
1.10 Stock
A small balance of stock is held to support the activities of the Ridgeway Cafe / Shop and LD Forensic Day Services however, having reviewed the balance of stocks held over time, the Trustee has confirmed that the stocks are both stable and immaterial in value. Consequently stocks are not recognised within the financial statements rather are treated as expenditure as they are purchased.
2 Related party transactions
During the year no members with delegated responsibility for the Trustee, or members of the key management staff or parties related to them has undertaken any material transactions with the Tees, Esk and Wear Valleys NHS Trust General Charitable Fund (2021-22, £nil).
The Charitable Fund does not have the facility to pay creditors therefore, Tees, Esk and Wear Valleys NHS Foundation Trust makes the payments on the Fund's behalf and is re-imbursed on a monthly basis by the Fund.
Certain income for the Charitable Fund is initially banked through Tees, Esk and Wear Valleys NHS Foundation Trust. This income is re-imbursed to the Fund on a monthly basis.
Tees, Esk and Wear Valleys NHS Foundation Trust is the sole corporate trustee of the fund. Delegated responsibility of the trustee is applied to executive and non executive members of Tees, Esk and Wear Valleys NHS Foundation Trust Board (names listed below). All are also members of Tees Esk and Wear Valleys NHS Foundation Trust.
Mr David Jennings (started 1st September 22) Mr Paul Murphy (left 31st August 22) Mr Brent Kilmurray Mrs Shirley Richardson (left 31st August 22) Mrs Liz Romaniak Mr John Maddison Dr Stephen Wright (left 26 June 22) Mrs Beverley Reilly Dr Kedar Kale (started 27th June 22) Mr Pali Hungin Mrs Elizabeth Moody Mrs Charlotte Carpenter Mrs Ann Bridges Mrs Jilian Haley Mrs Hannah Crawford (started 1st April 2022) Mr Jules Preston Mrs Roberta Barker
Page 5
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
| 3 Details of resources expended on charitable activities 3.1 Activities in furtherance of charities objectives Patients welfare and amenities Staff welfare and amenities Governance costs (see 3.2 below) 3.2 Analysis of governance costs Establishment costs Internal / External audit fee NHS Charities Together membership Independent examination of the accounts cost £480 3.3 Details of costs incurred in raising funds Purchasing goods for re-sale 4 Analysis of total resources expended Internal / External audit fee Compliance costs for Trust Funds NHS Charities Together membership Charitable activities 5 Analysis of income 5.1 Grants received NHS Charities Together |
Unrestricted Funds Restricted Funds £000 £000 (68) (47) (36) (5) (7) (4) (111) (56) Unrestricted Funds Restricted Funds £000 £000 (3) (3) (1) (1) (3) - (7) (4) Unrestricted Funds Restricted Funds £000 £000 - (117) |
Total 2023 £000 (115) (41) (11) (167) Total 2023 £000 (6) (2) (3) (11) Total 2023 £000 (117) (117) Total 2023 £000 (2) (6) (3) (273) (284) Total 2023 £000 3 3 |
Total 2022 £000 (34) (18) (11) |
|---|---|---|---|
| (63) | |||
| Total 2022 £000 (6) (2) (3) |
|||
| (11) | |||
| Total 2022 £000 (97) |
|||
| - (117) |
(97) | ||
| Costs of raising funds Costs of activities for charitable objectives £000 £000 - (2) - (6) - (3) (117) (156) (117) (167) Unrestricted Funds Restricted Funds £000 £000 3 - 3 - |
Total 2022 £000 (2) (6) (3) (149) |
||
| (160) | |||
| Total 2022 £000 3 |
|||
| - |
5.2 Income from investments
Income from investments of £2k relates to interest received on individual fund balances held by the Charity. These investments are held in the UK.
5.3 Details of other trading activities
The £161k income from other trading activities was delivered from the re-sale of goods purchased at a cost of £117k.
6 Changes in resources available for charity use
| Net movement in funds for the year before transfers Internal transfers Net increase /(decrease) in funds for the year |
Unrestricted Funds Restricted Funds £000 £000 (60) 6 1 (1) (59) 5 |
Total 2023 £000 (54) - (54) |
Total 2022 £000 (22) - |
|---|---|---|---|
| (22) |
Page 6
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
| 7 Analysis of creditors Trade creditors Total amounts falling due within one year 8 Details of material funds 8.1 Restricted funds CHIME Fund Allinson Bequest Lanchester Road Hospital AMH Learning Disabilities Community Team Auckland Park Hospital Occupational Therapy Epilepsy Fund, Bankfields Court Others (99 Funds) Total 8.2 Unrestricted funds Foss Park Fund CDDPS General Fund St Mary's General Fund Others (41 Funds) Total |
Balance at 31 March 2023 Balance at 31 March 2022 £000 £000 (9) (12) (9) (12) Balance 1 April 2022 Incoming resources Resources expended Balance 31 March 2023 Description of the nature and purpose of each fund £000 £000 £000 £000 65 159 (156) 68 To provide funds for the well being of patients within Ri 27 - - 27 To provide funds for epilepsy services in the Durham ar 16 - - 16 To provide funds for the well being of patients within La 14 - - 14 To provide funds for activities for patients with Learning 1 11 - 12 To provide funds for activities for patients of Acomb Ga - 12 - 12 To provide funds for occupational therapy services for t 11 - - 11 To provide funds for epilepsy services in the Middlesbro 175 8 (29) 154 309 190 (185) 314 Balance 1 April 2022 Incoming resources Resources expended Balance 31 March 2023 £000 £000 £000 £000 111 40 (3) 148 To provide general purpose funds for the patients being 114 9 (101) 22 To provide general purpose funds for the patients being 12 - - 12 To provide general purpose funds for the patients being 50 2 (6) 46 287 51 (110) 228 |
|---|---|
To provide funds for the well being of patients within Ridgeway To provide funds for epilepsy services in the Durham area To provide funds for the well being of patients within Lanchester Road Adult MH services To provide funds for activities for patients with Learning Disabilities in York and Selby To provide funds for activities for patients of Acomb Garth
To provide funds for occupational therapy services for the patients of Tees Esk and Wear Valleys NHS FT To provide funds for epilepsy services in the Middlesbrough area
To provide general purpose funds for the patients being cared for in Foss Park Hospital To provide general purpose funds for the patients being cared for in the Durham area To provide general purpose funds for the patients being cared for at St Mary's Hospital
Page 7
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2022-23
| 9 | Connected organisations | 2022-23 | 2022-23 | 2021-22 | 2021-22 |
|---|---|---|---|---|---|
| Turnover of | Net Deficit for the | Turnover of | Net Surplus for the | ||
| Connected | Connected | Connected | Connected | ||
| Organisation | Organisation* | Organisation | Organisation** | ||
| £000 | £000 | £000 | £000 | ||
| The charity is administered by Tees, Esk | |||||
| and Wear Valleys NHS FT | 484,465 | (8,590) | 443,629 | (4,240) |
-
The deficit for 2022-23 includes expenditure for unanticipated impairments of fixed assets totalling £9,394k. Excluding these non operating items would result in a surplus of £804k.
-
** The deficit for 2021-22 includes expenditure for unanticipated impairments of fixed assets totalling £10,698k. Excluding these non operating items would result in a surplus of £6,458k.
10 Other funds held 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 balances relating to other NHS Organisations.
11 Cash flow
The charity has taken advantage of the exemption available to it under section 7 of FRS102 not to produce a cash flow statement due to its size.
12 Taxation liability
As a registered charity, Tees, Esk and Wear Valleys NHS Charitable Fund is potentially exempt from taxation of income and gains falling within Part 10 of the Income Tax Act 2007 and s256 Taxation and Chargeable gains Act 1992. No tax charge has arisen in the year.
13 Post Balance Sheet events
There are no post balance sheet events to report.
Page 8
Independent Examiner’s Report to the Trustees of Tees, Esk and Wear Valleys NHS Trust General Charitable Fund
I report on the financial statements of Tees, Esk and Wear Valleys NHS Trust General Charitable Fund for the year ended 31 March 2023, which are set out in Section 10.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the financial statements under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
This report, including my statement, has been prepared for and only for the charity’s trustees as a body. 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 trustees as a body for my examination work, for this report, or for the statements I have made.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:
-
accounting records were not kept in respect of Tees, Esk and Wear Valleys NHS Trust General Charitable Fund in accordance with section 130 of the 2011 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Gavin Barker
for and on behalf of Mazars LLP
Relevant professional qualification or body: CPFA
Mazars LLP, The Corner, Bank Chambers, 26 Mosley Street, Newcastle upon Tyne, NE1 1DF
Date: 25 January 2024