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← Tees Esk And Wear Valleys NHS Trust General Charitable Fund

2025-03-31-accounts

Tees, Esk and Wear Valleys NHS Trust

General Charitable Fund

Fund Number: 1061486

Annual Report 2024-25

CONTENTS PAGE

Section

Appendices

Tees, Esk and Wear Valleys NHS Foundation Trust

General Charitable Trust Fund

Annual Report 2024-25

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:

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:

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 newly established Charitable Funds Committee receives and examines reports on Charitable Trust Funds at three month intervals. The membership of this committee was:

Mr Jules Preston, Chair & Non-executive director

Mrs Beverley Reilly, Non-executive director Mrs Liz Romaniak, Director of Finance, Estates and Facilities Management

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 Charitable Funds 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 reduced by £8k linked to community wellbeing sessions purchased.

Health and Wellbeing Fund

The purpose of this fund is to support the wellbeing of Tees Esk and Wear Valley employees. The fund decreased by £28k due to expenditure on Trustwide wellbeing, including the organisations of a 10k run.

5. Review of activities

Individual funds were subjected to a review during 2024-25, supported by Trustees, to reduce the number of individual funds held and increase the average value of funds. It is expected that

this will improve access to the fund and mean that donations can be better used to add value to clinical services.

This review aligns existing funds (and donator wishes) to Trust services, which ensures funds are used in the geography and clinical service that the initial donation was made for. It protects the fund from management structure / location changes in the trust.

Remaining funds have all been classed as restricted to protect initial donator wishes, meaning they can only be used for the service and geography they are assigned to.

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 periodically, 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. The accounts payable and receivable systems are audited annually as part of the corporate trustee audit.

6. Financial activity

A full set of accounts for the financial year 2024-25 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 £4k 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 2025 was £585k.

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 2024 to 31 March 2025 total investment income was £9k 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 continues to look for appropriate investment opportunities to improve the rate of return received on cash balances.

There is a fund 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 no bids approved by the Trustee in 2024-25. NHS Charities Together grants were moved from trustee funds into its own Health and Wellbeing fund in the year, to be managed by the Health and Wellbeing Committee.

The funds classed as “Others” in note 8 of the accounts are further broken down as follows:

“Others” Balance NumberOf Funds AverageFundBalance
Restricted £52,185 12 £4,349

6.2 Incoming resources

Total income for the year was £257k, an increase of £46k on last year. Actual figures were:

NHS Foundation
2024-25
£000		 2023-24
£000
Donations 33 8
Legacies 11 1
Other tradingactivities 121 144
Income from investments 9 7
Grants received 83 51
Total 257 211

See Appendix 1 for chart showing the split of income sources.

6.3 Material donations and legacies

The Charitable Fund received legacies totalling £11k in 2024-25 and received donations of £33k to various funds.

6.4 Resources expended

Expenditure for the year was £253k, an increase of £81k when compared with £172k spent in the previous year. Analysis of expenditure:

Expenditure for the year was £253k, an increase of £81k when compared with £172k spent in
the previous year. Analysis of expenditure:		 Expenditure for the year was £253k, an increase of £81k when compared with £172k spent in Expenditure for the year was £253k, an increase of £81k when compared with £172k spent in
2024-25
£000		 2023-24
£000
Purchasing goods for resale 95 114
Patients’ welfare 74 38
Staff welfare 73 9
Governance costs 11 11
Total 253 172

Expenditure has increased from the previous financial year, mainly due to increased expenditure on staff wellbeing and enhancing the patient experience.

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 auditors, 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 £9k, and account for 3.6% of total expenditure.

The basis of apportionment for the administration costs is the value of funds as a percentage of the total funds held.

6.6 Material expenditure

There were four instances of material expenditure from the funds (e.g. in excess of £5k) in 202425 from a single fund, detail below:

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 £27k of creditors compared to £612k 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 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 funds currently held.

Restricted funds at the year end total £585k (2024: £269k unrestricted, £312k restricted).

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 1.26%, 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

  4. purposes intended.

  5. That income is not appropriated to specific sub-funds in accordance with the intention of the donor.

  6. Investments are not properly safeguarded, resulting in loss of funds.

  7. 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 Mrs Beverley Reilly Mr John Maddison Dr Charlotte Carpenter Mrs Jillian Murray (left 31 August 2024) Mr Jules Preston Mrs Roberta Barker Mrs Jane Robinson (started 01 December 2024) Ms Catherine Wood (started 01 December 2024)

Executive directors

Mr Brent Kilmurray Mrs Zoe Campbell Mrs Naomi Lonergan (Started 01 September 2024) Mr Patrick Scott Mrs Liz Romaniak Mrs Beverley Murphy Dr Kedar Kale Dr Sarah Dexter-Smith Mrs Kate North (started 01 September 2024) Mr Mike Brierley (left 31 August 2024) 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, 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 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 ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

Statement of trustee responsibilities

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.

The trustee is responsible for preparing the trustees' Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales/Scotland/Northern Ireland requires the trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing these financial statements the trustee is required to:

select suitable accounting policies and then apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2022, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed . It is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustee is responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustee confirms that it has met the responsibilities set out above and complied with the requirements for preparing the accounts. The financial statements set out on pages 1-8 attached have been complied from and are in accordance with the financial records maintained by the trustee.

By Order of the trustee, and those with delegated responsibility

Chair…..…………

…………..…………..

Date…17/12/2025

Executive Director …………………………….……………… Date …[1] …[7/] …[12] …[/] …[20] …[2] …[5] ….

Page 1

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

Statement of Financial Activities for the year ended 31 March 2025

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
Transfers between funds
6
Total transfers
6
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
27
6
11
83
-
3
6
-
121
124
133
-
(95)
(51)
(107)
(51)
(202)
(342)
342
(342)
342
(269)
273
269
312
-
585
31 March 2025		 Total
Funds
£000
33
11
83
9
121
257
(95)
(158)
(253)
-
0
4
581
585		 31 March 2024
Total Funds
£000
8
1
51
7
144
211
(114)
(58)
(172)
-
0
39
542
581

There were no other recognised gains or losses in the year.

Page 2

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 20

Balance Sheet as at 31 March 2025

Balance Sheet as at 31 March 2025
Notes Total (restricted
funds) at 31
March 2025		 Total at 31
March 2024
£000 £000
Current assets
Debtors - 5
Short Term Deposit Investment 612 586
Total current assets 612 591
Current liabilities
Creditors: Amounts falling due within one year 7 (27) (10)
Total current liabilities (27) (10)
Total current assets less current liabilities 585 581
Total net assets 585 581
Funds of the Charity
Income Funds:
Restricted 8.1 585 312
Unrestricted 8.2 - 269
Total funds 585 581

Notes numbered 1 to 13 form part of the accounts.

Signed:

Date: 17/12/2025

Page 3

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

Notes to the Account

Accounting policies

1

The principal accounting policies are summarised below. They have been applied consistently through out the reporting year 2024-25 and throughout the comparators shown for the previous reporting year 2023-24.

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 2022.

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 2024-25. These costs are apportioned across the funds

Creditors

The charity has creditors which are measured at settlement amounts.

1.4 Structure of funds

Individual funds were subjected to a review during 2024-25, supported by Trustees, to reduce the number of individual funds held, and increase the average value of funds. It is expected that this will improve access to the fund, and mean that donations can be better used to add value to clinical services.

This review aligns existing funds (and donator wishes) to Trust services, which ensures funds are used in the geography and clinical service that the initial donation was made for. It protects the fund from management structure / location changes in the trust.

Remaining funds have all been classed as restricted to protect initial donator wishes, meaning they can only be used for the service and geography they are assigned to.

Page 4

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

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 (2023-24, £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 Mrs Beverley Reilly Mrs Naomi Lonergan (Started 01 September 2024) Mr John Maddison Mr Patrick Scott Dr Charlotte Carpenter Mrs Liz Romaniak Mrs Jillian Murray (left 31 August 2024) Mrs Beverley Murphy Mr Jules Preston Dr Kedar Kale Mrs Roberta Barker Dr Sarah Dexter-Smith Mrs Jane Robinson (started 01 December 2024) Mrs Kate North (started 01 September 2024) Ms Catherine Wood (started 01 December 2024) Mr Mike Brierley (left 31 August 2024) Mrs Ann Bridges Dr Hannah Crawford

Page 5

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

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 audit / Independent examination fee
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 audit / Independent examination 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
(7)
(67)
(39)
(34)
(5)
(6)
(51)
(107)
Unrestricted Funds
Restricted Funds
£000
£000
(2)
(5)
(1)
(1)
(2)
-
(5)
(6)
Unrestricted Funds
Restricted Funds
£000
£000
-
(95)		 Total 2025
£000
(74)
(73)
(11)
(158)
Total 2025
£000
(7)
(2)
(2)
(11)
Total 2025
£000
(95)
(95)
Total 2025
£000
(2)
(7)
(2)
(242)
(253)
Total 2025
£000
83
83		 Total 2024
£000
(38)
(9)
(11)
(58)
Total 2024
£000
(6)
(2)
(3)
(11)
Total 2024
£000
(114)
-
(95)		 (114)
Costs of raising
funds
Costs of activities for
charitable objectives
£000
£000
-
(2)
-
(7)
-
(2)
(95)
(147)
(95)
(158)
Unrestricted Funds
Restricted Funds
£000
£000
83
-
83
-		 Total 2024
£000
(2)
(6)
(3)
(161)
(172)
Total 2024
£000
51
-

5.2 Income from investments

Income from investments of £9k 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 £121k income from other trading activities was delivered from the re-sale of goods purchased at a cost of £95k, 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		 Unrestricted Funds
Restricted Funds
£000
£000
73
(69)
(342)
342
(269)
273		 Total 2025
£000
4
-
4		 Total 2024
£000
39
-
39

Page 6

CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

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
AMH Total - NYY
Health and Wellbeing - P&C
AMH - DTV
Learning Disabilities - DTV
MHSOP - DTV
AHP - NYY
Others (110 funds)
Total
8.2 Unrestricted funds
Foss Park Hospital
CDDPS General Fund
St.Mary S General Fund
Others (41 funds)
Total		 Balance at
31 March
2025
Balance at 31
March 2024
£000
£000
(27)
(10)
(27)
(10)
Balance 1
April 2024
Incoming
resources
Resources
expended
Internal
transfers
Balance 31
March 2025
Description of the nature and purpose of each fund
£000
£000
£000
£000
£000
68
122
(146)
-
44
To provide funds for the well being of patients within Ridgeway
27
-
-
(27)
-
To provide funds for epilepsy services in the Durham area
-
2
(7)
192
187
To provide funds for adult mental health services in North Yorkshire and York
-
1
(29)
128
100
To provide funds for health and wellbeing of staff and service users
-
-
-
51
51
To provide funds for adult mental health services in Durham and Tees Valley
-
-
-
40
40
To provide funds for learning disabilities services in Durham and Tees Valley
-
-
(2)
30
28
To provide funds for mental health services for older people in Durham and Tees Valley
-
-
-
21
21
To provide funds for allied health professional services in North Yorkshire and York
216
8
(17)
(93)
114
311
133
(201)
342
585
Balance 1
April 2024
Incoming
resources
Resources
expended
Internal
transfers
Balance 31
March 2025
Description of the nature and purpose of each fund
£000
£000
£000
£000
£000
148
4
(1)
(151)
-
To provide general purpose funds for the patients being cared for in Foss Park Hospital
66
108
(45)
(129)
-
To provide general purpose funds for the patients being cared for in the Durham area
12
-
-
(12)
-
To provide general purpose funds for the patients being cared for at St Mary's Hospital
43
12
(5)
(50)
-
269
124
(51)
(342)
-

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CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

9 Connected organisations 2024-25 2024-25 2023-24 2023-24
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 537,170 (19,920) 501,566 (11,608)

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.

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CHARITABLE TRUST ACCOUNT - TEES, ESK AND WEAR VALLEYS NHS FOUNDATION TRUST - 2024-25

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 2025, 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:

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:

• 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 (Dec 19, 2025 13:48:57 GMT)

Name: David Hoose (FCA), Forvis Mazars LLP

Address: The Corner, Bank Chambers, 26 Mosley Street, Newcastle upon Tyne, NE1 1DF Date: 19/12/2025

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