# **Tees, Esk and Wear Valleys NHS Trust General Charitable Fund Fund Number: 1061486**
Annual Report and Unaudited Financial Statements 2023-24
## **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 2023-24**
## **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:
Dr Charlotte Carpenter, Chair
Mr John Maddison, Non-Executive Director Mrs Roberta Barker, Non-Executive Director Mrs Liz Romaniak, Director of Finance, Estates and Facilities Management Mr Mike Brierley, Assistant Chief Executive
Mrs Ann Bridges, Director of Corporate Affairs and Involvement
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 fund closing with the same balance as last year.
## **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 increased by £44k in year due to receipt of a £51k grant from NHS Charities Together, and associated expenditure on staff and patient health and wellbeing.
## **367 Thornaby Road**
The purpose of this fund is to provide general funding across all services within 367 Thornaby Road for service users / carers. The fund received a donation of £2k, which was used to purchase a gazebo to make better use of outdoor space.
## **MHSOP Charitable account north of Tees**
The purpose of this fund is to support patient activities, comforts and diversional equipment. The fund decreased by £3k mainly due to the creation of booklets to provide additional support to service users awaiting assessment.
## **5. Review of activities**
There were no new funds set up, and one fund closed during the year. Funds were closed linked to 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 2023-24 are included with this report. Forvis Mazars LLP undertakes an independent examination of the accounts.
## **6.1 General review**
The year under review saw an increase of £39k in net resources mainly due to grants received from NHS Charities together to support wellbeing. The overall balance of the funds as at 31 March 2024 was £581k.
Income is derived from donations, legacies, raising funds, grants and investment income. Income from raising funds is mainly 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 2023 to 31 March 2024 total investment income was £7k which was an 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 17 bids approved by the Trustee in 2023-24, 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:
||||NHS Foundation Trust|
|---|---|---|---|
||“Others” Balance|Number Of Funds|Average Fund Balance|
|Restricted|£152,608|87|£1,754|
|Unrestricted|£43,674|41|£1,065|
## **6.2 Incoming resources**
Total income for the year was £211k, a decrease of £19k on last year. Actual figures were:
||**2023-24**
**£000**|**2022-23**
**£000**|
|---|---|---|
|Donations|8|18|
|Legacies|1|46|
|Other tradingactivities|144|161|
|Income from investments|7|2|
|Grants received|51|3|
|**Total**|**211**|**230**|
See Appendix 1 for chart showing the split of income sources.
## **6.3 Material donations and legacies**
The Charitable Fund received legacies totalling £1k in 2023-24 and received donations of £8k to various funds.
## **6.4 Resources expended**
Expenditure for the year was £172k, a decrease of £112k when compared with £284k spent in the previous year. Analysis of expenditure:
||**2023-24**
**£000**|**2022-23**
**£000**|
|---|---|---|
|Purchasing goods for resale|114|117|
|Patients’ welfare|38|115|
|Staff welfare|9|41|
|Governance costs|11|11|
|**Total**|**172**|**284**|
Expenditure has decreased from the previous financial year, mainly due to the prior year including material expenditure linked to the utilisation of grants received from NHS Charities Together to enhance staff and patient welfare.
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 £1,000k 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 auditor in the prior year, Forvis 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 4.7% 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 no instances of material expenditure from the funds (e.g. in excess of £5k) in 202324 from a single fund.
## **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 £10k of creditors compared to £586k of cash in hand.
The return on deposit account investments, even though interest rates have increased, 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 £269k; 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 Virgin Money UK at an agreed interest of 1.36%, 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:
1. That the Charity is not operating within its objectives.
2. That accounting transactions are inappropriately or inadequately reported.
3. Expenditure is inappropriate, or inappropriately authorised or not spent 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 properly 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 funds.
The Trustee has established systems to ensure these risks are kept at a minimum. Namely:
1. The existence 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 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 David Jennings Prof. Pali Hungin (left 28 February 2024) Mrs Beverley Reilly Mr John Maddison Dr Charlotte Carpenter Mrs Jillian Murray Mr Jules Preston Mrs Roberta Barker
## **Executive directors**
Mr Brent Kilmurray Mrs Zoe Campbell Mr Patrick Scott Mrs Liz Romaniak Mrs Beverley Murphy (started 01 May 2023) Dr Kedar Kale Dr Sarah Dexter-Smith Mr Mike Brierley Mrs Ann Bridges Dr Hannah Crawford
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 examiner**
David Hoose (FCA) Forvis 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** Virgin Money 7 Linthorpe Road Middlesbrough TS1 1RF
Barclays Commercial Bank PO Box 190, 2 Floor, 1 Park Row, Leeds, LS1 5WU
**Analysis of incoming resources**
**Appendix 1**
**----- Start of picture text -----**
2023‐24 Incoming Resources
Grants received,
Legacies, £46k £3k
Investment
Donations, £18k income, £2k
Other trading
activities, £161k
**----- End of picture text -----**
**----- Start of picture text -----**
2023‐24 Incoming Resources
(% of total income)
Grants received,
Legacies, 20% 1%
Donations, 8% Investment
income, 1%
Other trading
activities, 70%
**----- End of picture text -----**
**Analysis of resources expended**
**Appendix 2**
## **2023‐24 Resources Expended**
**----- Start of picture text -----**
Governance costs,
£11k
Investment managementStaff welfare and
Purchasing goods
Governance costsamenities, £41k
for re‐sale, £117k
Fundraising trading
Patients welfare
and amenities,
£115k
**----- End of picture text -----**
**----- Start of picture text -----**
2023‐24 Resources Expended
(% of total expenditure)
**----- End of picture text -----**
**----- Start of picture text -----**
Governance costs,
Staff welfare and
4%
amenities, 14% Purchasing goods
for re‐sale, 41%
Patients welfare
and amenities, 40%
**----- End of picture text -----**
10: Charitable Fund Account
CHARITABLE TRUST ACCOUNT- TEES. ESK AND WEAR VALLEYS NHS FOUNDATION TRUST- 2023-24
statement of trust•8 rès
onsrbilitios
Tees. Esk and W8ar Valley5 NHS FoundaOn Trust is the sole corporate trustee of the fijnd. Delegated r8sponsibllity of th8
truslee is applied to executive and non executive members of Tees, Esk and Wear Valley5 NHS Foundation Trust Board.
The trustee is responsible for preparing the Iruslee$' Annual Report and financi81 $tst9m8nts In accordance with applicable law
and United Kingdom Accountlng Standards {United ngdoM Generally Accepted Accounting Practice).
The law appllcablè to charities In England and WaleslScotlandlNorthern Ireland requires the Irustse to pr8par8 fin8flC181
statements for each financial year whTch givè a truè and falr v16w of the stat8 of affairs of the charity and of the incoming
resources and application of resources of the charity for that period.
In prepartng these financlal statements the trustee is required to..
select suitable accounting policies and IheTr apply Ihem consislenfjy.
observe the method5 and principles In the Charities SORP.,
make judgernents and estimates that are re8sonable and prudent.,
state whèther applicabl8 accounting standards have been followed. subject to any material departures disclosed and
explained in the financial statements., and
prepare the financAal statements on the going concern basis unless il is inappropriate lo presume that thè ch8rlty will continue
in business.
The trustee is responsible for keeping proper accounting reeords that disc105& Wth reasonable accuracy at any time the
financial posilion of Ihe charity and enable them lo ensure that Ihe financial statements comply wth the Charitie5 Act 2022, the
Charity IAc(x)unts and Reports) Regulations 2008 and the provisions of th8 trust deèd . It is also responsible for safègu8rding
the assets of the charity and hence lor taking reasonable steps for the prevention and detection of fraud and other
Srrègulariti&s.
The trustèè is responsiblè for th8 m8intènanca and integrily of thè charity and financlal Information included on tha eharivs
web511e. Legislation in the United Kingdom governing Ihg preparation and dissèrninalion of financial stslements may differ from
legislation in otherjurisdictions.
The trustee confirms that it has met the responsibilities set out above and complied wth the requiremenls for preparing th8
accounts. The financial Statements S&t out on pages 1-8 attaehed haye btren cornplied from and are in accordan with the
rinancial records maintained by the trustee.
By Order of the trustee, and those with delegated re5ponsibilily
Chairman.........
Dale....
ExecutSve Diro
Page 1
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2023-24
## **Statement of Financial Activities for the year ended 31 March 2024**
|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 movement in funds**
6
**Reconciliation of funds:**
Fund balances brought forward at 1 April
**Fund balances carried forward at 31 March**|Unrestricted
Funds
Restricted
Funds
£000
£000
4
4
-
1
51
-
3
4
-
144
**58**
**153**
-
(114)
(17)
(41)
**(17)**
**(155)**
**41**
**(2)**
228
314
**269**
**312**
**31 March 2024**|**Total**
**Funds**
**£000**
**8**
**1**
**51**
**7**
**144**
**211**
**(114)**
**(58)**
**(172)**
**39**
**542**
**581**|**31 March 2023**
Total Funds
£000
18
46
3
2
161|
|---|---|---|---|
||||**230**|
||||(117)
(167)|
||||**(284)**|
|||||
||||**(54)**
596|
||||**542**|
There were no other recognised gains or losses in the year.
Page 2
## **Balance Sheet as at 31 March 2024**
||||||Unrestricted|Restricted|**Total at 31**|Total at 31|Total at 31|
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|**March 2024**|March 2023||
||||||£000|£000|**£000**|£000||
|**Current assets**||||||||||
|Debtors||||7a|A|5|5||e|
|Short Term Deposit Investment|||||270|316|**586**|551||
|**Total current assets**|**Total current assets**||||270|321|**591**|551||
|**Current liabilities**||||||||||
|Creditors: Amounts falling due within one year||Creditors: Amounts falling due within one year||7b|(1)|(9)|**(10)**||(9)|
|**Total current liabilities**|||||(1)|(9)|**(10)**||(9)|
|||||||||||
|**Total current assets less current liabilities**|||||269|312|**581**|**542**||
|||||||||||
|**Total net assets**|||||**269**|**312**|**581**|**542**||
|**Funds of the Charity**||||||||||
|Income Funds:||||||||||
|Restricted||||8.1||312|**312**|314||
|Unrestricted||||8.2|269||**269**|228||
|**Total funds**|||||**269**|**312**|**581**|**542**||
|Notes numbered 1 to 13 form part of the accounts.|Notes numbered 1 to 13 form part of the accounts.|Notes numbered 1 to 13 form part of the accounts.||||||||
||||ie|||||||
|Signed:
)
Wi||y,|i|||||||
|Date:
(2|Wecectgar|2074|2074|||||||
Page 3
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2023-24
## **Notes to the Account**
## **Accounting policies**
## **1**
The principal accounting policies are summarised below. They have been applied consistently through out the reporting year 2023-24 and throughout the comparators shown for the previous reporting year 2022-23.
## **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), 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 probable. 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/Independent Examination charges for 2023-24. These costs are apportioned across the funds using the appropriate classification of fund. During 2023-24 the classification split was:
Restricted 56%, Unrestricted 44%.
## **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 - 2023-24
## **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 (2022-23, £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 Brent Kilmurray Mr David Jennings Mrs Zoe Campbell Prof. Pali Hungin (left 28 February 2024) Mr Patrick Scott Mrs Beverley Reilly Mrs Liz Romaniak Mr John Maddison Mrs Beverley Murphy (started 01 May 2023) Dr Charlotte Carpenter Dr Kedar Kale Mrs Jillian Murray Dr Sarah Dexter-Smith Mr Jules Preston Mr Mike Brierley Mrs Roberta Barker Mrs Ann Bridges Dr Hannah Crawford
Page 5
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2023-24
|**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/independent examinationfee*
NHS Charities Together membership
*Independent examination of the accounts cost £2,000
**3.3**
**Details of costs incurred in raising funds**
Purchasing goods for re-sale
**4**
**Analysis of total resources expended**
Internal / External audit/independent examinationfee
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
(3)
(35)
(7)
(2)
(7)
(4)
**(17)**
**(41)**
Unrestricted Funds
Restricted Funds
£000
£000
(3)
(3)
(1)
(1)
(3)
-
**(7)**
**(4)**
Unrestricted Funds
Restricted Funds
£000
£000
-
(114)|**Total 2024**
**£000**
**(38)**
**(9)**
**(11)**
**(58)**
**Total 2024**
**£000**
**(6)**
**(2)**
**(3)**
**(11)**
**Total 2024**
**£000**
**(114)**
**(114)**
**Total 2024**
**£000**
**(2)**
**(6)**
**(3)**
**(161)**
**(172)**
**Total 2024**
**£000**
**51**
**51**|Total 2023
£000
(115)
(41)
(11)|
|---|---|---|---|
||||(167)|
||||Total 2023
£000
(6)
(2)
(3)|
||||(11)|
||||Total 2023
£000
(117)|
||**-**
**(114)**||(117)|
||Costs of raising
funds
Costs of activities for
charitable objectives
£000
£000
-
(2)
-
(6)
-
(3)
(114)
(47)
**(114)**
**(58)**
Unrestricted Funds
Restricted Funds
£000
£000
51
-
**51**
**-**||Total 2023
£000
(2)
(6)
(3)
(273)|
||||(284)|
||||Total 2023
£000
3|
||||-|
## **5.2 Income from investments**
Income from investments of £7k 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 £144k income from other trading activities was delivered from the re-sale of goods purchased at a cost of £114k, and amounts received for training income.
## **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
**Analysis ofdebtors**
Other debtors
Total|Unrestricted Funds
Restricted
£000
41
-|Funds
**Total 2024**
£000
**£000**
(2)
**39**
-
**-**
**(2)**
**39**
Balance at
31 March
2024
£000
5
**5**|**Total 2024**
**£000**
**39**
**-**||Total 2023
£000
(54)
-|
|---|---|---|---|---|---|
||**41**||**39**||(54)|
||||||Balance at 31
March 2023
£000
-|
||||||**-**|
## **7a Analysis of debtors**
Page 6
## CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2023-24
|**7b **
**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 (87 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
2024
Balance at 31
March 2023
£000
£000
(10)
(9)
**(10)**
**(9)**
Balance 1
April 2023
Incoming
resources
Resources
expended
**Balance 31**
**March 2024**
**Description of the nature and purpose of each fund**
£000
£000
£000
**£000**
68
144
(144)
**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
12
-
-
**12**
To provide funds for occupational therapy services for t
12
-
-
**12**
To provide funds for activities for patients of Acomb Ga
11
-
-
**11**
To provide funds for epilepsy services in the Middlesbro
154
8
(10)
**152**
314
152
(154)
**312**
Balance 1
April 2023
Incoming
resources
Resources
expended
**Balance 31**
**March 2024**
£000
£000
£000
**£000**
148
2
(2)
**148**
To provide general purpose funds for the patients being
22
52
(8)
**66**
To provide general purpose funds for the patients being
12
-
-
**12**
To provide general purpose funds for the patients being
46
4
(7)
**43**
**228**
**58**
**(17)**
**269**|
|---|---|
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 occupational therapy services for the patients of Tees Esk and Wear Valleys NHS FT To provide funds for activities for patients of Acomb Garth 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 - 2023-24
|**9**|**Connected organisations**|2023-24|2023-24|2022-23|2022-23|
|---|---|---|---|---|---|
|||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|**501,566**|**(11,608)**|484,465|(21,837)|
* The deficit for 2023-24 includes expenditure for unanticipated impairments of fixed assets totalling £9,725k, and other technical adjustments of £1,887k. Excluding these non operating items would result in a surplus of £4k.
** The deficitfrom a priorfor 2022-23period adjustmentincludes expenditureduring 2023/24for unanticipatedfinancial year). impairments ofExcluding thesefixed assetsnon operatingtotalling £21,033k (£11,639k resulteditems would result in a surplus of £804k.
## **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
CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2023-24
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEE 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 2024, which are set out in Section 10
## **Respective responsibilities of trustees and examiner**
The charity’s trustee is responsible for the preparation of the financial statements. The charity’s trustee considers 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 trustee 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 trustee 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.
Signed:
David Hoose (Jan 6, 2025 07:17 GMT)
Name: David Hoose (FCA) for Forvis Mazars LLP
Address: The Corner, Bank Chambers, 26 Mosley Street, Newcastle upon Tyne, NE1 1DF Date:
Jan 6, 2025
Page 9