brighterway SOUTHERN HEALTH NHS FOUNDATION TRUST General Fund Annual Report and Financial Statements For the Year Ended 31 March 2024 Registered Charity No. 1089307 SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND Annual Report and Financlal Statements for the Year Ended 31 March 2024 CONTENTS Page No Corporate Trustee's Report for the financial year Foreword to the Financial Ststements statement of Trustee's Responsibilities Independent Auditors, Report to the Trustees of Southern Health NHS Foundation Trust General Fund Statement of Financial Activilies Balance Sheet Statement of Cash Flows Reconciliation of net income l (expenditure) to net cash flow from operating activities Analysis of cash and cash equivalents 14 15 16 20 21 22 22 22 Notes to the Financial Statements Accounting Policies Total donations and legacies Grants payable Management and administration costs Investments Debtors Creditors: amounts falling due within one year The funds of the Charity Contingencies 10. Commitments 11. Liabilities and provisions 12. Corporate Trustee and connected persons transactions 13. Post Balance Sheet events 14. Related party transactions 15. Consolidation of the Charity's financial statements with its parent's financial statements 23 25 26 26 26 27 27 28 29 29 29 29 29 29 29 SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR 2023124 'rbriqhtorway CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 INTRODUCTION This is the Charity's Annual Report together with the audited Financial Statements for the year ended 31 March 2024. The Charity's annual report and financial statements for the year ended 31 March 2024 have been prepared on behalf of the Corporate Trustee in accordance with Section 130 of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. The Charity's annual report and financial statements include all the separately established funds for which Southern Health NHS Foundation Trust is the main beneficiary. The Charity is registered as Southern Health NHS Foundation Trust General Fund with the working name of "brighterway" registration number 1089307, with its registered and principal offices at Tatchbury Mount, Calmore, Southampton, S040 2RZ. PURPOSE OF THE CHARITY 'To support in providing an enhanced experience for patients and staff which contributes to improving health and wellbeing., OUR VISION Helping those cared for by Southern Health lead the best lrfe they can. OUR MISSION rhe Charity aims to improve and enhance service user and staff experience by supporting projects that go above and beyond NHS funding. This is achieved by grant making and funding towards projects, improvements and initiatives brought fornard from service users, staff, and volunteers. EALTH NHS FOUNDATION TRUST GENERAL FUND ANN INANCIAL STATEMENTS FOR 2023124 AL REP RT AND brightenNay CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENOEO 31 MARCH 2024 THE CHARITY'S ACTIVITIES DURING 2023124 During 2023124, the Charity re￿iVed donations and grants totalling £298,000 made by individuals, companies, NHS Charities Together and League of Friends. This included grants from Lymington Hospital Friends totalling £160,700 towards medical and gym equipment, donations from NHS Charities Together totalling £103,400 for garden projects, community grants and donations from the Petersfield Hospital League of Friends of £13,300 for multiple pieces of equipment. Our supporters have continued to be amazing raising donations through personal challenges including marathon runs, step challenges, country and garden walks. 16 Teams took part in the Walk the Brighte￿aY 2024 step challenge completing nearly 43 million steps between them. This fundraising event promoted healthy living whilst enjoying nature. From 5th February 2024 to 21st March 2024, the teams competed to have walked the greatest number of step5. The teams raised over £250 with all money raised going to our Trust Staff Wellbeing Campaign Fund which is used to support the Trust's valued colleagues. ' rbrighterway OUTHER HEALT FOUNDATION TRUST ENERAL F ND FINANCIAL STATEMENTS FOR 2023124 NN AL EP RT AN CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 Charitsble funds have been used during the year to contribute towards a wide range of projects including: Wellbeing items for staff across the Trust Staff room and kitchen items for staff across the Trust Virtual Reality Headset for Juniper Ward Parklands Hospital Exercise Bike for Ravenswood Hospital Items for the day room for Ark Royal and Collingwood Wards Gosport War Memorial Hospital Funding towards the Nature Trail and a Memorial Bench for Lymington Hospital Motomed therapy equipment for Inward Wards Alton Hospital Summer House for Beechwood Ward Parklands Hospital Kitchen items for the therapeutic kitchen for Beaulieu Ward Western Hospital Numerous Christmas related items across the Trust Teams, wellbeing and away days across the Trust Other small garden and green space projects throughout the Trust. The Charity also gave education and training grants to provide staff with greater knowledge and skills to deliver better outcomes for patients over and above the standard NHS training. Autumn 2023- The Wellbeing Nature Trail at Lymington Hospital project was led by Lymington Hospital Friends and co- funded with brightemay. Local New Forest companies were also involved and gave generously wlth their services and time. It was an exemplary collaborative effort. The project is designed to provide patients and staff with a secluded environment avRy from everyday pressures and anxieties. The Nature Trail is 200 metres long and follows a circular route undemeath a tree canopy. It also has various side paths which provide further interest, stopping off points to provide a close connection with nature. ERN HEALTH NHS FO NDAT NTR ST GENERAL FUND FINANCIAL STATEMENTS FOR 2023124 NN AL REP RT brighterway CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 REVIEW OF FINANCES. ACHIEVEMENTS AND PERFORMANCE The net assets of the Charity as at 31 March 2024 were £453,000 {2022123: £508,000) an overall decrease of £81,000 in the year. The Charity's total incoming resources totalled £313,000 (2022123: £172,000). The investment portfolio made an overall gain of £25,000 in 2023124 (2022122.. £38,000 loss). Total expenditure in the year was £401,000 (2022123: £295,000>. This comprised expenditure on direct charitable activities of £308,000 (2022123: £201,000) and £93,000 of management and administrative costs (2022123: £94,000). During the year the Charity received a transfer of £8,000 from Heads On 1051736 the Charity for Sussex Partnership NHS Foundation Trust relating to funds associated with the CAMHS (Child and Adolescent Mental Health Services) service transfer to Southern Health NHS Foundation Trust. THE CHARITY'S BALANCE SHEET Net assets of the Charity comprise the following items: 2023124 £'ooo 392 95 2022123 £'ooo 367 109 87 55 508 Investments with the investment mana er Cash held in Trust's charitable fund bank accounts Debtors Creditors Total 40 453 INVESTMENTS The Charity complies with the investment powers detsiled in its governing document, in addition to the powers given to it by the Trustee Act 2000. The Corporate Trustee continued to invest all its surplus funds with Sarasins and Partners LLP. The Charity invests in the climate active endowment fund. The fund is an investment solution supportive of the Paris Agreement and in addition to existing investment restrictions {tobacco, amaments, alcohol. gambling and pornography) the fund avoids companies involved in tar sands and thermal coal production. rbright THERN HEALTH NH UNDATI N TRUST FINANCIAL STATEMENT ENE AL FUND ANN AL REP RT AN erway CORPOFiATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 FUTURE PLANS The Charity continues to engage with patients and its staff to identify areas of greatest need for potential charitable fund support. During 2024125, the Charity will be building capacity within the Trust's NHS services to go above and beyond what is expected and work with patients and staff to identify actions to help those cared for by Southern Health lead the best life they can. Priority areas of focus for grants in 2024125 include projects which support the following: Staff wellbeing Making connections and reducing isolation and loneliness Tackle inequalities of health and ethnic minority communities Carers and young carers support Young people with mental health needs Restoration projects including green spaces for therapeutic engagement 'Create well-being, eat well, programme and joining the Incredible Edible Movement Health promotion The Charity will continue to raise funds with the local community and League of Friends partners to support local care. We are aiming to raise funds by: Applying for Grants where appropriate Increasing the level of personal donations via JustGiving and regular giving support from services user families and friends Continue to promote regular monthly giving from staff via Pennies from Heaven andlor Charities Aid Foundation Developing Corporate Partnerships including Regular giving via Pennies from Heaven Fundraising and sponsorship from local companies and sports teams Using volunteers to assist with fundraising opportunities. Promoting through QR codes Increasing potential legacies UT HEALT NHSF UN ATION TRUST GENERAL F FINANCIAL STATEMENTS F ND ANNU RTA bi l(Jht(srviay CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 ￿RCH 2024 FUNDRAISING The Head of Charity and fund administrator organise and co-ordinate fundraising activities of our supporters on behalf of the Charity. The Charity does not use professional fundraisers or involve commercial participators. The Charity is required to report whether there have been any complaints about fundraising, and we are pleased to confirm that there have been none. Staff members of Southern Health NHS Foundation Trust and members of the public are able to fundraise on behalf of the Charity. A fundraising guide is available for all fundraisers on the Charity website to ensure all fundraising activities are carried out safely and in accordance with fundraising regulations. The Charity does not carry out direct marketing to individuals. July 2023 - For many teenagers, a prom represents an important milestone in their young lives. However. young people who experience severe mental health problems often miss out on these significant events due to their challenges. Following the completion of their GCSES, young people at Austen House, a specialist, low- secure mental health service for young people aged 12-18 years, were able to celebrate their prom. Arriving in style is a key part of every young person's prom experience. brighterway, Southern Health's charity funded New Forest Limousines to provide a limo for the young people to enjoy a short drive around Southampton. One of the young people said, "It is so gut-wrenching to see other people my age reach these milestones and feel left behind, but, with this Prom it gave us the chance to feel 'normal', even just for one day. It gave me motivation for recovery and showed us that sometimes, life is fun. Thank you so much." rbrighterway LTfH RN HS FOUNDATION TR FIN IAL STATEMENT ENE L FUNDANN 23 24 AL REPORT CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 TRUSTEES AND RELATED PARTIES The Southern Health NHS Foundation Trust is the Corporate Trustee of the fund, governed by the law applicable to Trusts, principally the Trustee Act 2000 and the Charities Act 2011 . The directors who acted on behalf of the Corporate Trustee from 1 April 2023 within the Trust were: Trustee Michael Bernard Lynne Hunt David Kelham Jennifer Bremner Dr David Hicks Dr Subashini M Adeyemi Williams Dr Kevin Cleary Paula Anderson Dr Victoria Laakkonen Paula Hull Ron Shields Kate FitzGerald Heather Mitchell Dr Stephen Tomkins Eugene Jones Prof. Diana Eccles Kerry Salmon Dr Satnam Sagoo Prof. Tamar Pincus Sara Weech Stephanie Bridger Chris Fisher Period of Office Appointed 14 May 2019 Appointed 3 July 2017 Appointed 14 July 2017 to 14 July 2024 Appointed 14 July 2017 Appointed 1 January 2018 to 31 December 2023 Appointed 19 January 2021 Appointed 12 February 2021 Appointed 28 April 2022 Appointed 1 June 2016 Appointed 11 September 2023 Appointed 1 July 2017 to 31 July 2024 Appointed 8 June 2020 Appointed 14 May 2019 Appointed 5 August 2019 Appointed 4 May 2021 to 30 September 2023 Appointed 1 April 2022 Appointed 1 October 2022 to 31 August 2023 Appointed 22 December 2022 to 1 July 2023 Appointed 22 May 2023 Appointed 1 September 2023 Appointed 1 April 2024 Appointed 1 July 2024 Appointed 13 July 2024 The Directors act on behalf of the Corporate Trustee by virtue of being on the Trust's Board. The Chair and Non-Executive Directors are appointed by the Council of Governors. The Chief Executive is appointed by the Non-Executive Directors and this decision is approved by the Council of Governors. Executive Directors are appointed by the Board. Neither the Corporate Trustee, the directors acting on its behalf, nor their connected persons have re￿iVed remuneration or expenses from the Charity in either this year or prior years. As the Trust is the Corporate Trustee of the Charity, Southern Health NHS Foundation Trust itself is classified as a related party. so LT NHSF DATION TR GENERAL F ND ANNUAL FINANCIAL STATEMENTS FOR 2023124 AND rbriqhtcrway CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 DAY TO DAY MANAGEMENT The directors, on behalf of the Corporate Trustee, have an approved policy for the day-to-day management of the Charity covering income and expenditure arrangements. The Trust Board has devolved responsibility ft)r the on-going management of funds to a sub-committee of the Board {the Charitable Funds Committee), which administers the funds on behalf of the Corporate Trustee and monitors the expenditure and investments of the Charity. The policy delegates day-to4ay management of the Charity to specified officers of the Southern Health NHS Foundation Trust, unless expenditure on a particular project is in excess of £25,000, when approval by the Charitable Funds Committee acting on behalf of the Trust Board is also required, The Committee has clearly defined terms of reference which were agreed by the Trust Board - these include monitoring the changing requirements stemming from charities legislation, supervision of the investment's arrangements and consideration and mitigation of risk. Its members during 2023124 were three non-executive directors, one of whom chairs the Committee, the Deputy Chief Executive and Finance Director, the Director of Nursing & Allied Health Professionals who was replaced during the year by the Chief People Officer. Attendees being Michael Bemard, David Kelham, Kate FitzGerald, Paula Anderson, Paula Hull and Satnam Sagoo. Under the Trust's Scheme of Delegation, the Southern Health NHS Foundation Trust's Director of Nursing & Allied Health Professionals is responsible for the day- to-day management of the Charity. The address for correspondence is 7 Sterne Road, Tatchbury Mount Hospital, Calmore, Southampton S040 2RZ. Expenditure can be approved according to the limits specified in the section entitled Grant Making Policy below. Administrative services for the fund are provided by officers of the Southern Health NHS Foundation Trust. This ensures that advice and support are given to account managers and the Charitable Funds Committee is consistent. Further detail is in Note 4 of the Annual Accounts. The Trust Board, on behalf of the Corporate Trustee, employed the following professional advisers during the financial year.. Bankers National Westminster Bank PLC Southampton High Street Branch 12 High Street Southampton S014 2BF TH EALTH NH UND TION TRUSTGENERAL FINANCIAL STATE TS FOR 2023124 NUA PORT A brighterway CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 Investment Advisers Sarasins & Partners LLP Juxon House 100 st Paul's Churchyard London EC4M 8BU Legal Advisers DAC Beachcroft LLP Portwall Place Portwall Lane Bristol BS16NA Independent Auditors Knight Goodhead Ltd 7 Bournemouth Road Chandler's Ford Eastleigh Hampshire S053 3DA STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity was established using the Charity Commissioners for England and Wales m¢xlel declaration of trust. The Corporate Trustee fulfils its legal duty by having due regard to Charity Commission guidance on public benefit as given in Section 17 of the Charities Act 2011 and by ensuring that funds are spent in accordance with the fund objectives by designating funds, thereby respects'ng donors, wishes and expectations. The funds are predominantly the general fund plus specific restricted funds which comply with the donors, wishes. Donations received from the Leagues of Friends or other registered charities to fund specific projects are receipted into the appropriate restricted fund and matched with the corresponding spend. If services are transferred to a new provider, the funds are also transferred for the continued benefit of the patients or users of that servi￿. 10 THERN HEALTH NHS FOUNDAT TRUST GENEFIAL F DAN FINANCIAL STATEMENTS FOR 2023124 AL EP RT ND brighteway CORPORATE TRUSTEE'S REPORT FOR TrE FINANCIAL YEAR ENDED 31 MARCH 2024 New executive and non-executive directors are made aware of their responsibilities as Board members on behalf of the Corporate Trustee by means of the Trust's charitable funds policy which is published on the Trust's website. RISK MANAGEMENT A risk register is maintained by the Trust and is regularly reviewed. The Corporate Trustee is not aware of any major risks to which the Charity is exposed. The only areas of risk that it has identified are related to: Financial Risk The Trust's investment policy and the need for clear financial procedures to be followed by staff within the Southern Health NHS Foundation Trust. The Corporate Trustee considers that it has mitigated these risks through its Charitable Funds Investment Policy and the issue of Financial Procedures guidelines. One of the investment risks identified is that which can occur when the Corporate Trustee invests a proportion of surplus funds in the stock market which can result in losses if the market is falling. The Corporate Trustee mitigates this risk by using fims of investment managers to give professional advice and who are expected to take appropriate action in such circumstances. In addition, the Trust mitigates risk by recognising and accounting for unrealised losses as and when they arise. Governance Risk Southern Health NHS Foundation Trust is the Corporate Trustee of the Charity and its Executive and Non-executive Directors are responsible for the govemance of the Charity. Papers are sent out in advance of Charitable Funds Committee meetings, then discussed at the meeting, following which decisions a￿ minuted and communicated to the fund holders. Reputation Risk The investment managers are obliged to operate according to the Trust's investment policy which states that no investments are made in tobacco stocks, nor companies that derive more than 100/0 of their turnover from alcohol, arms manufacture and trading, gambling, and pomography. PARTNERSHIP WORKING Southern Health NHS Foundation Trust is the Charity's beneficiary and is a related party by virtue of being Corporate Trustee of the Charity. By working closely with the Trust, the Charity ensures that funds are used to best effect, after taking into account the main activities, objectives, strategies and plans of the Trust over the short. medium and long term. rbrighterway THERN THNH FOUNDATION TRUST ENERAL F DAN FINANCIAL STATEMENTS FOR 2023124 EP RT AND CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 GRANT MAKING POLICY Grants are made in accordance with charity law. the stated objectives of the Charity and the wishes of donors. A policy on charitable funds together with the Corporate Trustee's Scheme of Delegation is published which requires all proposed expenditure to be reviewed and approved at the appropriate level. The following limits are currently specified: Expenditurelgrants up to £1,000 Head of Charity or Nominated Senior Accountant Head of Patient EXperTren￿ or successor Any Executive Director Chief Executive or any two Executive Directors Charitable Funds Committee acting on behalf of the Southern Health NHS Foundation Trust Board. Expenditurelgrants up to £5,000 Expenditurelgrants up to £10,000 Expenditurelgrants up to £25,000 Expenditurelgrants over £25,000 All charitable expenditure incurred in 2023124 was approved in accordance with the above protocol. To ensure value for money, applications for charitable funding grants include questions about the purpose of the project, the impact the funding will have and the beneficiaries of that project. Whilst considering grant applications our Corporate Trustee's board and, particularly, the members of the charitable funds committee have regard to the Charity Commission's guidance on public benefit. RESERVES POLICY The Corporate Trustee has a policy that reserves should not be held as a matter of course beyond four years and that their specific approval has to be obtained if an officer feels that a case may be justified. To date no such case has been made. This policy is regularly reviewed, Reserves are only held in order to finance charitable fund expenditure plans for the next four years. Directors across the Trust are charged with formulating expenditure plans for the funds in conjunction with their services. OTHER As the Charity has a Corporate Trustee it is, in accounting terms, controlled by Southern Health NHS Foundation Trust and it therefore its subsidiary. Financially, the Charity is not material to Southern Health NHS Foundation Trust, so it is not consolidated into the Foundation Trusts accounts. This is not a decision made in perpetuity, because Southern Health NHS Foundation Trust remains the immediate and ultimate parent but is rather a judgement that will need to be made annually based on the relative values of the two entities. Based on 12 TH RN HEALT SFO ATION TRUST ENERAL FUND FINANCIAL STATEMENTS FOR 2023124 AL REPORT CORPORATE TRUSTEE'S REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 the above Southern Health NHS Foundation Trust took the decision not to consolidate the Financial Statements for 2023124. FINALLY The Corporate Trustee would like to sincerely thank the League of Friends, service users, patients, relatives, carers, staff, and the wider community for their kind generosity. Without their continued support, it would not have been possible for the Charity to have achieved what it has to benefit service users, patients and staff. Signed: qp Paula Anderson Michael Bernard Finance Director & Deputy Chief Executive Chair, Charitable Funds Committee Southern Health NHS Southern Health NHS Foundation Trust Foundation Trust Date 261h November 2024 Date 26th November 2024 erway Website - www.brighterway.org.uk @SHFTBrighter¥vay @Brighterwaycharity Brighterrtay 13 , rbriqhten•iay SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND FUNDS HELD ON TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 FOREWORD TO THE FINANCIAL STATEMENTS The Corporate Trustee presents the Charitsble Fund Annual Report together with the financial statements for the year ended 31 March 2024, prepared in accordance with Section 130 of the Charities Act 2011 and The Charities (Accounts and Reports) Regulations 2008. STATUTORY BACKGROUND Southern Health NHS Foundation Trust is the Corporate Trustee of the Southern Health NHS Foundation Trust General Fund under paragraph 16c of Schedule 2 of the NHS and Community Care Act 1990. The Southem Health NHS Foundation Trust General Fund Is registered vthth the Charity Commission, registration number 1089307. MAIN PURPOSE OF THE SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND The main purpose of the Southern Health NHS Foundation Trust General Fund is to support in providing an enhanced experience for patients, carers and staff which contributes to improving health and wellbeing, wholly or mainly for the services provided by the Southern Health NHS Foundation Trust. 14 , rbri9lite,Iwoy so THERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Statement of Trustee's Responslbllltles The Trustees are responsible for preparing the Trustees, Annual Report and financial statements in accordance with applicable law and regulations. The law applicable to charities in England and Wales requires the trustees to prepare financial slalements for each financial year. Under that law the trustees have prepared the financial statements in accordance rylh Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing Iheir 8ccounts in accordance with FRS 102 (effective 1 January 2019). Under that law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the 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 trustees are required to.. select suitable accounting policies and then apply them consistently; observe Ihe methods and principles in Accounting and Reporting by the Charities.. Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance Vlith Financial Reporting Stsndard 102 {effeclive 1 January 2019)., slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., make judgements and estimates which are reasonable and prudent., state whether the financial statements comply with the trust deed, 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 trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. The trustee is responsible for keeping proper accounting records, sufficient to disclose at any time, wth reasonable accuracy, the financial posilion of the charity at that time, and to enable the trustee to ensure that, ￿ere any statements of accounts are prepared by the trustee under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. The Iruslee has general responsibility for taking such steps as are reasonably open to Ihe trustee to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Chariws website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions. The financial statements on pages 20 to 29 were approved on behalf of the Corporate Trustee on 26th November 2024 and signed on its behalf by". Signed.. Michael Bernard Chair. Charitable Funds Committee Date: 26th November 2024 15 SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Independént Auditors, Report to the Truste•s of Southern Health NHS Foundatlon Trust G•naral Fund for the year ended 31 March 2024 Oplnlon We have audited the financial statements of Southern Health NHS Foundation Trust General Fund {the "Charity"), for the year ended 31 March 2024, which comprise the Statement of Financial Activities, Balance Sheet, Cash flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102.. The Financial Reporting Siandard applicable to the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the Charity's affairs as at 31 March 2024. and of its income and expenditure for the year then ended. have been properly prepa￿d in accordance with United Kingdom Generally Accepled Accounting Practice., have been prepared in accordance with the requirements of the Charities Act 2011. 8a818 for opinlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence vrfe have obiained is sufficient and appropriale to provide a basis for our opinion. Concluslons relatlng to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the Charity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 16 bi"ightLtsmay SOUTHERN HEALTH NHS FOUNDATION TR FINAN IAL TATEMENTS 2023124 NERAL FUND ANNUAL REPORT AND Independent Audltors, Report to the Trustees of Southern Health NHS Foundation Trust General Fund for the year ended 31 March 2024 Other information The trustees are responsible for the other information. The other information comprises the infomiation included in the annual report other than the financial statements and our auditols report thereon. Our opinion on the financial statements does not cover the other infonnation and. except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If Ive identify such material inconsistencies or apparent material misstalements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a materlal misstatement of this other information, we a￿ ￿qUIred to report that fact. We have nothing to report in this regard. Matters on whlch wa are requlred to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if. in our opinion.. the information given in the trustees, report is inconsistent in any material respect with the financial statements" or - sufficient accounting records have not been kept., or the financial statements are not in agreement with the accountlng records and returns., or - we have not obiained all the information and explanations necessary for the purposes of our audit. Re8ponslbllltle8 of the trustees As explained MO￿ fully in the trustees, ￿SponSIbl1111eS statement, the trusiees are responsible for the preparation of the financial statements and for being salisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, di5Glosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operation5, or have no realistic alternative but to do so. 17 brigtit￿w1aY SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Independent Auditors, Report to the Trustees of Southern Health NHS Foundation Trust General Fund for the year ended 31 March 2024 Auditor's responslbilities for the audit of the financial statements We have been appointed as auditor under Section 144 Charilies Act 2011 and report in accordance viith the Act and relevant regulations made or having effect thereunder. Our objeclives are to obtain reasonable assurance about whether the financial siatements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance 15 a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The engagement partner enSU￿d that the engagement team collectlvely had the appropriate competence, capabilities and skills to identlfy or recognise non-compliance with applicable laws and regulations. We identified the laws and regulations applicable to the Charity Ihrough discussions with trustees and other management and we assessed the exlenl of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence. We assessed the susceptibility of the Charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud and considering the internal controls in place to mitigate rlsks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we performed analytical procedures to identify any unusual or unexpected relalionships, tested journal entries to identify unusual transactions and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations. we designed procedures which included, but were not limited to- agreeing financial statement disclosures to underlying supporting documentation.. reading the minutes of meetings of those charged with governance., and enquiring of management as to actual and potential litigation and claims., There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non- compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. 18 . rbrighterwoy SOUTHERN HEALTH NHS FOUNDATION TRU T GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Ind•pendant Auditors, Report to the Trust••s of Southern Health NHS Foundation Trust General Fund for the ￿ar •nded 31 March 2024 Auditor's re8ponslblllties for the audit of the financial statements continued Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. https-IhfvvM.frc.org.uklauditorsresponsibililies. This description forms part of our auditor's report. Knight Goodhead Limited is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. Use of our report This report Is made solely to the Charity's truslees, as a body, in accordance with sectlon 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that might state to the Charity's trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullesl extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's trustees as a body, for our audit work, for this re rt, or for the opi Ions we have fomied. CJ Goodhead FCA Senior Statutory Auditor For and on behalf of.. KNIGHT GOODHEAD LIMITED Statutory Auditor and Chartered Accountants Date: g? tsj oThbLr Wa i+ 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire, S053 3DA 19 Ifbrfgtr,l*. THERN H ATIO TR EN IAL NT Statement of Flnancial Aclivltles for the Year Ended 31st March 2024 202JR4 Unro*tri¢ted Fundi ZlJ23Q4 Rutrlcie Funds 2•211 Tothi Fund• 2ts22123 Ur•£sirkt4d FundB 2022123 20n123 Fundi Fun £DOOs ¢ODOs £OIIOi ÉOOtsA tOOO• Income and Endowments from: Donafjons and legacies Legacies Donations Totsl Donats'ons and Legacies Investment income Totsl Incomlng Resources 23 111 134 14 23 130 153 16 16 282 282 13 295 19 19 15 313 18 24 172 ExpendSture: Charitable aG￿ville$.. Grants payable Management and adminislrailon Total ExpendSturg Nel Gainsl (Losses) on Invts$tmenls Not Incomo I IExp•ndilurg) bgfore Tran•fer• Transfer of lund5 from other NHS charllles Net Movement In Funds 149} 1181 (071 12591 1751 1334) 1308) 193} 1401) 1991 1321 1131) 1141 1121) 11021 1621 11641 1241 140) {2011 1941 (2951 1381 1161) {171 {631 140) (551 {1211 {401 {161) Reconclllatlon of Funds: Fund balances brought forward at l April Fund Balances Carrlod Forward at 31 March 101 407 222 447 669 55 398 453 101 407 508 The notes al pages 20 to 29 form part ol the financl81 stalemenls. Al results derlve Irom conlinulrg operats'ons. Al gains and losses recognised in the year ar8 Induded in the Statement of Financial Acllvilies. 8rlghten¥ay at christmas Santa, the elves and vailous other hdpers made sure many of our patlents and servlce users recelved Christmas gifts and some cheer when me big day arTlved. Thlrty-eighl large boxes of Chnstmas presents were SUPPlled and dellvered across 15 dlllerent locallons as part of the Charlty Chrlstmas project to ensure no Inpaiknt staying in one ol our waros went wlth out a small gift at ChTiStmas li brighle.rway THERN NEALTH N NTRU NN FINA IAL Balance Sheet as at 3191 March 2024 Y113r44 Unr••trl¢l04 31nr24 R4*trkt40 Fund IJR•24 Toi•l Fufvdb 3113r23 Ufflr•*llktod Fun 311Y23 R•6trkt•d Fur Jiiar2023 Tot Fur ÈOOO¥ Ooi Flxed Assets Investments Total Fixed Assets 344 392 392 73 73 367 367 48 Current Assets Debtors Cash at bank and In hand Total Current Assets 87 76 183 87 109 88 91 95 101 33 33 10 Credllors.. An￿Unts falllng due wllhin one year Net Current Assets 121 1381 53 1401 61 {51 28 1501 113 1551 Total Assets Less Curront Llabllltl•8 397 453 407 Net Assot• 58 397 453 101 407 The Funds of the Ch8rlty'. Restrlded income funds Unreslricled Sncome fund8 Tolal Charlly Funds 398 407 407 101 508 55 55 101 101 398 453 407 The nole8 at pages 23 10 29 form part of the flnancial 5tatemenl6. The flnanclal 8talements on pages 20 to 29 were approved by on behalf of the Trust Board on 26th November 2024 Michael 88mard Chalr. Charltable Funds Committee Dale.. 26th November 2024 Tai¢hbury M•adow Thanks to a grant trom NHS Charlttes Togellier Ihe Cl￿rtty was able to lun¢J work restorlng the meadow and natufe Irall at TatcTh￿ry Mount lo tts Intended nalural habltat. Thls Is t￿rne lo an aburrf1an￿ of wlldllle and wlll be an oasls ol peace and tranqullllty whlch everyone we support on sne can enjoy safety. Thls Includes qulel space Io TeKIx and unwlnd as y￿11 as glving anyb(M* ihal spends Ilme In Ilie meadow Ihe opportunny to be oulside wllh nalure. .* 21 brighterwoy SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Statement of Cash Flows for the year endad 31 March 2024 Reconclllatlon of net income l (expenditur•) to not ¢ash flow from operating activitles 2023124 £000 2022123 £000 Net In¢om• (expendlturnj for the reportlng perlod (as per the I￿OnIe Statement) Adjustments for: Realised (Gainsylosses on investments Dividends, interest and rents from investments Lossl{profit) on the unrealised lossl(gain) (Increase) in debtOfS Increase in creditors Net cosh pmvlded by (used In) oper•tlng actlvldès {55) {1611 (81 (191 {15) {25) 81 15 29 (15) 27 130 2023124 £000 2022123 £000 Note Ca8h flow8 from operatlng actlvltl••: Net cash pmvided by (used in) operating aGlivili98 (29) (130) above Cash flows from Investlng actlvlll08 Oividends, interesl and rents from investments Proceeds from sale of investments N8t C8sh pmvid8d by (usod in) investing 8Ctivities 15 19 160 160 15 Chango In cash and cash equlvalents In the reportlng porlod C8sh and cash equivalents at the beginning of the reporting period Cash and cash equlval•nts at tho end of the rwortlnq perlod 114) 109 95 49 60 109 Analy$l8 of ¢a•h and ca8h aqulvalen18 2023124 £000 95 2022123 £000 109 Cash in hand Notice deposits (less than 3 months) Overdraft facility repayable on demand Total cash and cash equlvalents 95 109 22 bi Iglitcrvmy SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Nots$ to tho Financial Statem8nts Accountlng policies 1.1 Basis of preparation These accounts have been prepared for the year to 31 March 2024. The financial slalemenls have beBn prepared under the historical o)st convention. with the exception of investments whith ar8 included at fair value. The accounts (financial 5talements1 have been prepared in accordance vthh the Accountiry arKi Reporting by Charllies= Stslement of RecommeThJed Practice applicable to ch8rits.es preparing their accounts in accordance with FRS 102 {effeclive 1 January 20191, the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. The accounts {flnanclal slatamenl$} have been prepared lo give a 'true arKI fai￿ view and have departed from the Charities IAccounts aThJ RepJrts} Regulations 2008 only lo the extent required to provide a 'lrue and fair view,. This departure has involved following Accounting arKI Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 20191 rather than Ihe Accounting and Rewrting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The charlly con8tllules a public benefit entity as defined by FRS 102. The accounts are presented in slediThJ and are rounded to the nearest thousand pounds. 1.2 Incorne al All incoming resource8 are included in full In the Statement of Flnancial Acllvitles as soon as the followlng three factors can be m8t'. i) entitlement- 8ri$e$ when a particular resource is receivable or the Charitys right becomes legalty enforceable., li} certainty- when there is r8880nable certainty th81 the incomiNJ resource will be ￿CeiVed., iiil measurement - when the monetary value of the incoming resources can be measured with sufficient reliability. bl Gifts in kind il Assets given ft)r distribution by the funds are incI￿￿ed in the Income Statement only when di8trSbuled. ill Asset8 given for use by the funds le.g. propety for its own occupation} are included In Ihe Income Statement as incoming re$our¢e$ when receivable. iiil Gifts made in kind but on trust for conversion into cash and subsequent application by the funds are included in the accounting period in which the gift is 501d. In all cases the amount at whith gifts in kind are brought into account is either a reasonable estimate of their value lo Ihe funds or the amount actually reali88d. cl Intangible Income Intangible income le.g. the provision of free accommodation} is included in the financial statements with an equivalent amount in outgoing resources, rf there 15 a financial cost bome by another pariy. The value placed on such income is the finana81 cost of the third party providing the resources. 23 bi'ighterwloy N HEALTH NHS FOUNDATIDN TRUST TATE S 2023124 ENSI ND ANNUAL REP RT AND FINANC Acounting policies (contlnued) 1.2 Income (contlnued) d) Legacies Legacies are accounled for as incoming resources once the receipt of the legacy becomes reasonably certain. This w¢ll be once confirmation has been received from the representatives of the eslales that payment of tha legacy will be made or propety Iransferred and once all conditions attached to the legacy have been fulfilled. e) Grants receivable Grants rw2ivable are receipts from third parties {induding NHS bodies) in the furtherance of the Trust's charitable objectives. They are accounted for on an accruals basis where the conditions for their receipt have been mel or where a third party has given reasonable ￿uranCe that thèy will make the grant. and they a recognised in the Incorne Slalemenl. 1.3 Expgndltur• The Trust finan￿al statements are prepared in accordance wlh the accruals ￿nCept. All 8xp8nditure is recognised once there is a legal or ¢onstructive obligalion to make a payment lo a third party. a) Cost of gener81ing funds Th8 cost of generating funds are the costs associated with generating income for the funds held on trust. bl Grants payable Grants payable are payments made lo third parties (including NHS bodies) in the furtherance of the Trust's charitable objectives. They are accounted for on an accruals basis there the conditions for their payment have been mel or where a third party ha5 a reasonable expectation that they will receive the grant. c) Managemenl and administrative costs These are accounted for on an accruals basis and are recharges of appropriate proportions of a number of relevant administrative costs. Irrecoverable VAT is charged agalnsl the category of resources expended for I￿1•ch il was incurred. 1.4 Structur• of lund8 Where there is a legal restriction on the purpose lo thich a fund may be put, the fund Is classified in the finanaal slalemenls as a restricted fund. Funds which are not legally restricted but have been designated for use for set purposes al the discretion of the trustees are classified as unrestrictèd funds. All transfers between funds are made on the basis of Charily Commlssion guidance found in the Slalemenl of Recommended Pra￿l¢e in accordance wth Financial R8POrting Standard in the Unrted Kingdom IChariti8s SORP FRS 102). 1.5 Invo8tm•nt flxod u$•ts Inveslment fixed assets are shown at Fair value. Quoted stocks and shares are included in the Balanco Sheet at mid Fair price, 8x-div. 1.6 Reall$ed galns and los¥e8 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 be￿een sales proceeds and opening fair value {or date of purchase rf later). Unrealised gains and losses are calculated as the difference between Fair value al the year end and the opening fair value (or date of purchase if later). 24 bi.ighterwoy THERN EALTH NHS FOUNDATION TRUST TATEMENTS 2023124 ENERAL F ND ANNUAL REPORT AND Accountlng pollcies {continued 1.7 Transfers from other NHS Charities £8k was received from Head On (1051736) the Charity for Sussex Partnership NHS FT in 2023124 as the result of a service transfer (2022123, none). 1.8 R880rvos The Charity has a policy that reserves should not be held as a matter of course beyond four years without specific agreement. This policy is regularly reviewed. 1.9 Statement of cash flows A Statement of cash flows, reconclllation of net income l (expenditure) to net cash flow from operating activities and analysis of cash and cash equivalents has been included as required in the Stalement of Recommended Practice Accounting and Reporting by Charities.. Statement of Recommended Practs'ce applicable to charities preparing their accounts in accordan￿ with FRS 102 leffeclive 1 January 2019). 1.10 Taxation The Charlty Is a registered charity, and as such Is entitled lo certain tax exemptions on income and profits from investments. and surpluses on any trading actlvities carried on in furtherance of the charlvs primary objectives, If these profits and surpluses are applied solely for charitable purposes. 1.11 Cash and cash equivalents Cash at bank is held to meet the day to day runnlng costs of the charity as they fall due. 1.12 staff costs and penslons Southern Health NHS Foundation Trust recharge Southern Health NHS Foundation Trust General Fund {brighteNay} for the members of staff who work for the charity. Siaff members can belong to the NHS Pension Scheme which is a defined benefit scheme which is accounted for as a defined contribution scheme. The recharge from Southem Health NHS Foundation Trust includes the employee contributions to that scheme. For more information on the NHS Pension Scheme refer to the Southern Health NHS Foundailon Trust annual report and accounts. Total donatlons and legacies Materlal incoming r•8ources recelved by category 2023124 Amounl r•colved In aggregate £OOOs 2022123 Amount recelved In aggregate £OOOs Legacies Donations received by the Charity Total 23 130 153 298 298 25 THE NHS FOUNDATIONTR STATEMENT STGE L FUND ANNUAL REPORT AND FINAN Grants payable Unrestricted Funds £OOOs Restricted Funds £OOOs 2023124 Totsl Funds £OOOs 281 27 308 2022123 Total Funds £OOOs 150 51 201 Patient's wélfare and amenities Staff salaries. welfare and amenities Total 35 14 49 246 13 259 The Charity made numerous grants and purchases during the financial year. The Charity does not make grants to individuals. All grants are made to Southém Health NHS Foundation Trust in furtherance of our charitable aims with the exception of grants paid from the St Clements Partnership Fund, which is a restricted fund lo be used for the benefit of the St Clements Partnership a GP surgery based in Winchester. Management and Admlnl8tratlon Costs Unrestricted Funds £OOOs Rostricted Funds £0008 2023124 Totsl Funds £OOO¥ 2022123 Totsl Fund8 £OOOs Auditorfs remuneration Investment Managerfs fge Insurancelolher fees Administration fee Total 10 75 16 65 75 81 93 Management and administrative costs incurred are allocated directly to a fund if they can be attributed solely to that fund. Costs which can not be directly attributsd to a fund are apportioned over all funds. The apportionment is perfomied at the end of each month and is based on the value of each fund as at that point in time. No stsff or Trustees are employed by the Charfty. Investments 311312024 £0008 367 311312023 £0008 565 152 Fair value al 1 A ril Di5 osals at ca Ac uisilions al cost Net ainl loss on revaluation Fair value at 31st March Hlstoric cost at 318t March value 25 392 359 46 367 359 Realised ain on dis Unrealised ainl loss Net ain osal on revaluation 25 25 46 38 The Charity does not hold any other fixed assets other than the Investment5 shi)wn in the table above. 26 SOUTHERN HEALTH NHS FOUNDATION TRUST GENEFiAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 2023124 Investments (contlnued) The Charity made no disposals of investments during 2023124. The portfolios Wth Sarasin and Partners LLP were valued at £392k at the balance sheet dale (2022123.. £367k>. The Corporate Trustee considers that the value of the investments are supported by the detailed underlying assets. Quarterly valuations are provided by the investment managers which are applied to the funds as and when gains and losses arise. No of Unlts 311312024 Falr Value £000 Percentage of Total Investment Investment Vohiclè Sarasin Climate Active Endowments Fund Class A Inc S8rasins Income and Reserves Fund Class A Inc TOTAL 263,831 62,65S 332 85/0 1501. 60 392 100% Fair value at 31st March 2024 Héld in UK £0005 H81d outside UK tooo 3111Y2024 Totsl £QOO¥ 311312023 Toi81 £0008 367 Sarasin Fund Class A 122 270 392 Analysls of gross Income from inv•stment8 Hekl in UK £000 Held ou181de UK £000 311312024 Tot•1 £OOO• 311312023 Joi Sarasin Fund Class A 10 15 19 Debtors 311312024 Total EOOO• 311312023 Legacy not yet received Prepayment Grants due from League of Friends Debtors 76 11 Creditors: arnounts falling due within one year 3113rd024 Total £0008 311%2023 QD• Audit fee due to Knight Goodhead Ltd Owed to Southern Health NHS Foundation Trust (Exchequer) Deferred Grants Total creditors fallln 35 21 29 55 due within one ear There are no creditors falling due after more than one year. Creditors are amounts owed by the Charity. They are measured as the amount that the Charity expects to have to pay to settle the debt. 27 THERN H TH NN Thè Fund• of th• Charlty nG 31IWW23 Intt4yrdrrfJ Owr4ind 31n11024 too 2QZY24 023124 2025124 £oc*h 2023134 Unrestrrcted funds Restricted funds Totsl 101 407 508 18 295 313 67 334 401 55 398 453 25 As al 31 March 2024 the Charity comprises 24 mstricted funds12022123, 261. an¢J 2 un￿strict8d funds12022123. 21- 311312023 JIIJIRW4 EOtyJ• Fu 202J2 2W3 24 GerWr￿ CThaiilabl8 Fund Trust Slafi W8llbainD caM￿gn Fwd PetorElidd Ho$￿I81-R lrtT8thb￿ EdltlB- R MH C8ylal Piojoets. R Reciw Book- R 90 18 1621 151 1281 49 11% 104 30 55 84 66 51 25 44 15% 12% 15 141 ICS Sl Cltsmen￿ P8rtNshp Co¥id-19 Slam Fwd- R 17 22 16 16 15 15 4% HBaiih, trlvling FW. R 16 121 161 181 10 10 MH Drop in fA•ni- R 101 Ho¥&vial. R Traveler Gr￿l- R Lymirolon Swnkng EqL¥P- R H￿Trpsh￿8 Twwy FU￿1. R elDuryG•rd8n Ilaff wellbein9 funded by NHS Ch¥ritK88 Together Fordinybridge Hospital- R for any project which luifilJ the Ch¥rily'¥ purpose based at Fordingbridg• H08pitsI . Health. Healing and Hope- R For well being outside Spaces funded by NHS Charit188 Togelher HDllybank- R for any projECt which fulfils the Ch8rily's purpose b83ed at Hollybank Unil MH Drop in Grant- R for mental health drop in cen￿ funded by NHS Charities TDgether . Alton Hospital- R for any project whith fulfi15 the Ch8rity's purpose based at Alton Hospital * Travgller Grant- R for traveller project funded by NHS Charities Together Lyrnington Scanning Equip- R lor medical scanning equipment at Lymington Hospital Hamp¥hire Therapy Fund - R for any proi8Ct which fulfils the Charills purpo8e within Hamp¥hire Therapy Service . M81bury Garden Fund- R for garden projec15 b85gd at Melbury Lodge part funded by NHS Charits'es Together Ravenswood Hospit81- R for any project whieh fulfi15 Ihe Charity's purpose based at Ravenswood Ho8pitsI Palli8tive Care Team - R for any proj'ect which tuffils the Charity's purpose based within the Palliative C8re Team . Elmleigh Garden Fund- R for garden projects at Elmeigh . Andover VWH Gyrn - R For 9ym equipment at Andover War Mernori81 Hospital . Pa￿landS Gdn Project- R for garden projects based 8t Parktands Hospital . Hampshire CAMHS Fund- R for any project which fulfi15 th¢ Ch8rity's purkX)se within the CAMHS S8Nce . Oevelopment Gr8nt- R for Charity developrnenl funded by NHS Charitie8 Together Romsey Hospital- R for any proi8ci which fulfils the Charilys purpose ba58d at Romsey Hospital Melbury Garden Kingsley- R for garden projects based at Melbury Lodge funded by NHS Charities To9￿her LOF Recharge8- R for any th8rit8ble project ggre8d for funding by 8 Lea9ue of Friends org8ni8ation 2B SOUTHERN HEALTH NHS FOUNDATION TRUST GENERAL FUND A FINANCIAL STATEMENTS 2023124 NUAL REPORT AN Contingencles No contingent losses or gains have been included in the financial statements (2022123= nil). 10. Commitments Southern Health NHS Foundation Trust General Fund (brighterway) has agreed projects to the value of £32k (2022123.. £80kl which have not been spent as at 31 March 2024. 11. Llabilitias and provisions No provisions have been included in this set of financial statements (2022123.. nil). 12. Corporate Tru8t¢e and connected person8 transactlons Board members of the NHS Foundation Trust have not received any emoluments in respect of their services to the Charity on behalf of the Corporate Truslee. No expenses have been paid to or on behalf of board members of the NHS Foundation Trust acting on behalf of the Corporate Trustee, however £4k (2022123,. £3k) has been paid by the Charity for Trustee Indemnity Insurance. 13. Post Balance Sheet evonls From 1st October 2024 Solent NHS Trust has merged in Southern Health NHS Foundation Trust. Solent NHS Charity (1053431) transferred net assets into the Charity worth £351 k on the 30th September 2024 via a Deed of Transfer. 14. Rolatad party transaction8 Southern Health NHS Foundation Trust General Fund (brightetway) has made revenue payments to the Southern Health NHS Foundation Trust where the Trust Board acts on behalf of the Corporate Trustee. This is because charitable expendilure is initially incurred by Southern Health NHS Foundation Trust, then reimbursed from the charitable fund bank account. Al the Balance Sheet date, reimbursements from the Charily lo Southern Health NHS Foundalion Trust exceeded expenditure, resulting in the Charity owing Southern Health NHS Foundation Trust £34k (2022123. £21 k) Details of all Southern Health NHS Foundation Trust General Fund's related party transactions are below.. During the year 2023124 £308k (2022123.. £201 k) direct charitable expenditure was made via grants to Southern Health NHS Foundation Trust. Management and administrative costs of 2023124 £93k 12022123.. £94k) in support of the charity's grant making activities were also recharged, a breakdown of which can be found in Note 4. 15. Consolldation of the Charity's financial statements wlth its parent's financial statements The immediate and ultimate parent undertaking is Southern Health NHS Foundalion Trust. The Charity's financial statements have not been consolidated with the parent'5 financial statements on the basis of materiality. 29