Nottinghamshire Healthcare NHS NHS Foundation Trust CHARITABLE FUNDS ANINUAL REPORT AND ACCOUN'TS 2021/2022 Suo Hev*ittiE)no-:_sFc.ris.uk | C728R21 coa1 2 J.:"b1 :"2023 . ": 1..2",=19 Sue.Hev*ittifi)no_..str.c.r.Ys.uk | C728R21 ￿￿0a1 2 J.:"tJ1 :"2023 . :. 1:2",=19 NOTTINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS NATIONAL HEALTH SERVICE NOTTINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST FUNDS HELD ON TRUST ANNUAL ACCOUNTS FOR THE YEAR ENDED 3113122 The Accounts of the Funds Held on Trust by NollinghamshlTe Healthcare NHS Foundation Tiust. FOREWORD These Accounts have been prepared by the Trustees. STATUTORY BACKGROUND The Nottinghamshire HeallhGare NHS Foundation Trust is the Corporate Trustee of the Funds.. Held on Trust under paragraph 16¢ of Schedule 2 of the NHS and Community Care AGI 1990. MAIN PURPOSE OF THE FUNDS HELD ON TRUST:. The main purpose of the Charitable Fund8 Held on Trust is to apply income for any charitable purpose relating lo the National Health Service wholly or mainly for the serVI￿S provided by the Nollinghamshire HeallhGare NHS Foundatlon Trust. F.-nance Direcior Fcr&%'ord" Nlico'a.DJbson@noirshc.nls.uk | C?K8Jq0013v I 11:'0112023 | 16."37.'43 -**ittian.--_str.-r4s.Jk | CI28R21 boa1 2 J.:"C1:"£022 sue.Hev*ittifi)no-_-5tr.c.r.￿S.uk | C728R210091 23.:"b1 :"2023 ': 1..2",=19 NorfiNGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS statement of Trustees. responslb115tles The Tru81ee$ are re8ponslble for preparlng th8 Trustees, Report and Ihe1Snanclal s!alemenl$ have been prepared In accoidancB wilh applicable law and Unilgd Klngdom Accounting Slandaids Iunlled Klngdom Generally Aocepled Accounting Praclicel. Thelgw appsicable to charili03 In England & Wales requlre8 th8 Iruslees lo prepare financial siatements for each financial year whlch give a true and foir view ol the stale of affaI18 01 the charlly and of Ihe incoming resources and application of reSoUr￿S of the rharily forthat period. In preparing these Ilnancial, slaternents. the Iruslees are required lo,. select suitable accounlln pollci88 and Ihen kpply them consisl8nlly', obsetve the melhods on princlples In the Chari11&s SORP,. makejudgement5 and estimalos Ihal are reasonable and prud8nt', stale whether a plloable acLounllng slandaid5 have bBen followed, subject to any material departures disc osed and explalned In Ihe financial slalements. prepare the linanclal stalemenls on the golng concern basls ullle8s11 Is InAppropriale lo presume that the charity will conllnueln buslness. The trustees are responsible for keeping proper accounllng records that dls¢lose ￿th reasonable accuracy 81 any time the finan¢ia5 posillon of the charity and en8ble them lo ensure Ihal the flnanclal slatemenls comply with the Charllies Act 2011, the 8 plicable Charilies18ccounls and Reports) Re ulalions, and Ihe provisions ol the Tiusl deed. T ey are a150 responslble for saleguardlng the assels oft e charlly and hence taking reasonable Slops for Ihe prevention and delecllon of fraud and other Irregularllles. The Twslees conflrm that they have mèl the responsibllllies sel out above and complied vthlh the requiren79n18 for p￿parIng Ihe Accounts. The ftnanclal slalerngnts sel oul on pages 310 14 attached have been compiled from and ore In aecordance with th8 financlal records malnlalnèd by th6 Truslee5. By Or(Ser ol the Trustee5 Signed.. Trustee 2022 Truslee 2022 Ni&*.W4tt@bDn#kbÈT.nbqJkH tirL6ffiLqUDgiB .:2JtlllP2￿l 11fiKk.*VS su￿ H￿v*1h@nO-._5tr.c.r..7s.uk | C728R210091 2).:"b1 :"2023 .' ". 1..2",=19 NOTTINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS Independent Examiners, Report to thè Trustees of Nottinghamshire Healthcare NHS Foundatlon Trust Charitable Trust Funds (Registration 11118951 I report to the trustees on my examination of the accounts of NottinEhamshlie Healthcare NHS Foundatlon Trust Charitable Trust Funds Ithe Charityl forthe year ended 31 March 2022. Resp(irtslbllltlos and basss of report As the trustees of the charlty you are responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the Act'l. I report in re5pett of my examlnatlon of the Charitvs accounts carried out under section 145 of the 2011 Act and in carrying out my examlnatlon I have followed all the applicable directions 8iven by the Charity Commission under section. 14515llbl of the Act. Independent examinèrfs statemeiit I have completed my examination. I confirm that no matters have come to my attention in tonnection with the exarnination Èlvlng me cause to believe that in any material respect: l. accounting records were not kept In respect of the Charity as required by sectlon 130 of the Act; or 2. the accounts do not accord with those records,. or 3. the a¢¢ounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charitiès (Ateounts and Reportsl Regulations 2008 other than any requirement that the accounts 8lVe a 'true and fair, view which is not a matter considered as part of an independent examinatlon. I have no concerns and have come across no other matters in ¢onnertion with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date.. 1210112023 rien MSC, FCCA, FCIE, FAIA, Employee of Community Accounting Plus Unlts l & 2 Northwest, 41 Talbot Street, Nottingham, NGI 5GL sUe.H￿v￿ihl&)no-:5tr.C.r.1S.uk | C728R21 tJ091 2J.:"tJ1 :"2023 . ": 1..2,=19 (o(Nts) OEO 00000 00000 ijwo o)uo Ovroo d)7JO Lnvo>( othov) rty)vO ooooo 00000 rOrNO )rDlvO o)lJO cooo)tr)( OIDOO tLQ(fJQO . Nir&K).rtsw￿@nO11.9￿G.vh•.uk l G728RmW l QU.IVVat12BI 1ftT.41¥ NOTTINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS Statement of Flnancial Posltlon as at 31 March 2021 Notes Unreslricled Reslricled Endowment Total at 31 Total al 31 Funds Funds Funds March 2022 MBTch 2021 £000 £000 £000 £000 £000 Flxed Assets Investments Total Flxed Assets 937 937 302 3U2 100 100 1339 1339 1205 1205 Current Assets Debtors Cash al bank and in hand Total Current Assets 63 63 19 19 82 82 141 150 CTedilors.' Amounts falllng due within one y8ar 67 67 10 Net Current As59tsllLiabilitie51 19 15 140 Total Net Assets 933 321 100 1354 346 Funds of the Charity Capital Funds.. Endowrnenl Funds qoo 93 Income Fund8'. Reslricled Unreslricled 321 321 933 305 947 933 ..Total Funds 933 321 loo 354 1345 The notes al pages 5 10 14 form part of this account. N'.:co'a.Dobsofj@iollshc.nhs.uk | C758J500136 | 1110". 12023 '. 16.'37'.43 -r..Is.Jk | CI28R21,*OG1 2.￿...￿1."￿02? Suts HeY*ittifi)no:._str.c.r".is.uk | C728R21 C091 2J.:"01:"2023 ". :. 1:2",=19 '. NOThINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS Notes to the Ac¢ounts Accounting POI￿leS Accounting Poliues The liDan¢ial 8t81ements have been prepared under the historic cost cOnvent￿n, with the eX￿pIlOTh ol investments which are included at market value. The accounts have been prepared In aets)rdan¢e wrth the Slatem8nt of Recommended Pracli(e'. A¢counting and Reporting by charit￿$ preparlng their accounts in accordance with the Financial Reporting Standard$ applicable in the UK and RepuNic of Ireland (effective 1 January 2015- ChaThties SORP IFRS10211 and the Finanrial Reporting Standard applicable in the United Kingdom and Republic of Iieland IFRS1021 and the Charities Act 2011 and UK Generally Accepted Praoli¢e as il applies from 1 January 2015. Basis ol P￿paratio￿-g0I￿g concem The linan¢ial statements have been prepared on a g(NrwJ con1￿[n basis. which assurneb that the Charity ¢ontinu8 in opeialional exlstence lor the foreseeabl& future. The Covid-19 p8ndemio has had an impact on Ihe charity'8 incotne for 2021122. As a grant making charity with lew on4oing comrnilments, this will impact on the new grants that can be made in the short terrn lather than affecting the charity's ability to Con￿nUe as a goiro concern. There are no material uncertainies affectirvJ the current yeafs accounts. Incoming R8source5 All incon7ing resour￿ are re￿nised oncg th8 Charity has entitlement to the resourr£s, il 1$ ￿rtain that the resou1￿$ wll be ￿￿1Ved and the rnorEtary value ol ineominy resources can be measured with suffiuent reliability. a} Legacies Legacies are accounted for as incoming resources either upon re￿Ipt orwhere the receipt ol the legacy is reasonably certain,. this wll be once confirmation has been received from the Tepresenlalives ol the e8lalel81 that payment of the legacy will be made or pioperty transferred and onc¢ all ¢onditions alla¢hed lo the18gacy have been fulfilled. Legaaes income 18 only included Sn incoming resourc85 wheT6 the legacy has been re￿Ived or if. tef.ire r￿￿1p1. ttrieir is suff:-ierit eVidan￿ to probije ttr.e nece8S8y certaiil4 th lega_S'" %%ill trE aid tre va'.u& O- tr..e iiL?tni.Is reEouictss pr.J.4ided the le. meaiU:"ea •4itn suf-lciei.. reliabilit>. Fl.gte.-ai le￿a_1&5 v..hiLh tse=n r:otifieg .ut noi "e¥ogn-.sed a5 incom".ri¥ re>OUr￿ in t?e sAte￿en.: of:-1lalknial A-':wities erÈ aisclosed in a sepaTa':e no to the acCC￿lts ilith an e¢:..ma.:e c.f the am?un-. re￿iv?b1= bj Gr￿irKr i) AE5-'.5 g".v&n br distribuliLn by the fur.dE ate includec in tP_.& Stetemen: of Fir.ancial A_tl*lties cnl.. %then d--strituEd.- i.'I As5e:s gr*en'or use b.. the ￿ldS je.g. propeV.y fgl its oxJ.¥'Liofi.J are iipJidEd in I￿.e tÈmÉit oi Fipttnoal Ac'.i'4iilie$ as iricomi-.g ro5CJ ¥es %*.. en r-￿I.3￿bIe.. a..Id iiii Citrts w.?d- li kiTh￿ but fri trJsi fc* Cen￿r510r. into cash and ¢iJbseoLErt appl￿￿.￿￿ by ttr. fund5 are ￿l-ll￿ded li tP.e aCCOLrliig pericd in'litr..ich the gifr 1¢ sold. c) Ini8ngiJie In￿me UJded in the aCCO￿rItE an In':a.4¥ible inc(Kr.e j".g. the Fx"Cy.Si￿? of free accommaaationi is ir..- equ ￿a.:e_It arnoJ.-.t in Oj￿0110 rety￿ar￿S. if',here is a 11ar.cl￿I borna Erolhe-. p=rt.. The a e F"'iaced or.. SUC￿ irame is.he fi.iairia'. cost of ttri.:rd party P..C' .'￿..r.kn thr PSOU"- sUe.H￿V*ittiffjno-_-S￿.C.r￿s.uk | C728R21 boa1 2a..01:"2023 . :. 1..2",=19 NOTTINGHAMSHIRE HEALTHCARE NHS FOUNDATION TRUST CHARITABLE TRUST FUNDS Rèsources expended The funds held on trust accounts are prepared in accordance with the accruals concept. All expenditure is recognised once there is a legal or constructive obligats'on to make a payment to a third party. Granls payable Grants payable are payments, made to third parties (including NHS bodies) in the furtherance of the funds held on trusvs charilable objectives to enhance staff and public well being to provide equiprnent and services relating to the National Health Service. They are accounted for on an accruals basis where the conditions for their payment have been met or where a third party has a reasonable expectation that they will receive the grant. This includes grants paid lo NHS bodies. b) Support Costs These are accounted for on an accruals basis and are recharges of appropriate proportions of costs from Nottinghamshire Healthcare NHS Foundation Trust. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it was occurred. Structure of funds Where there is a legal restriction on the purpose to which a fund may be put, the fuyd is classified in the aGcounts as a restricted fund. Funds'where the capital is held to gcthnerate income fo:- chariiable purp?ses and cannot iliea. 2￿21 An admiiistratio cha se 0.- £12.370 il'as paid o} the chariiy l) N".ollinghamshiYe Hea:.thcare Foup.dation Trust as in he preit Dit year. Page 14 su￿ H￿v¥.1hl￿)nO-..5tr.c.r.￿S.Uk | C728R21 coa1 23.:'01 :"2023 . -, 1-.2",=19 Sue.Hov*ittiE)no-._str.c.ris.uk | C728R21 boa1 2o.:"C1 :"2023 . 1..2",=19 NHS ' Nottinghamshire Healthcare NHS Foundation Trust CHARITABLE FUNDS ANNUAL REPORT for the ear ended 31 fiiar¢h 2022 :: The Trustees and Officers The Trustees of the Charity are the Trust Board of Nottinghamshire Healthcare NHS Foundation Trust Charitable Funds (the Charity) as a corporate body. During the year, there were a number of changes to the Board. these are reflected in the Trustees listed below. Trustees P Devlin Chair J Brewin Chief Executive L Hooper Executive Director of Finance, Information & Estates (Left Jan '22) J Hankin Interim Executive Director of Forensic Services (Left April '21) J Attfield Executive Director of Mental Health C Teeney Executive Director of People & Culture Dr S Elcock Executive DirectorlForensic Services & Medical Director AM Newham Executive Director of Nursing AHP'S & Quality S Furley Non-voting Director of Partnerships (Left March '22) R Sutton Executive Director of Community Health Services A Wyld Interim Executive Director Finance & Estates (Jan '22) S Higginbotham Non-voting Director of Corporate Affairs S Banks Non-Executive Director (Left Jan .22) S Jackson Non-Executive Director T Orman Non-Executive DireGtor C White Non-Executive Director S Nixon Non-Executiiie Di.. A Rose-Quirie Non-Executive Director (Left June '21) U Zamman Non-Executive Director M Darbi Non_Executive Director F Daniel Non-Executive Director (Joined Feb .22) N Smith Non-Executive Director (Joined Feb '22) P Tippirig Non-Executive Director (Joined Feb '22) Officers Susan Hewitt- Charitable Funds Tifjanager Registered Office The registered office Oi the Trustees is Ground Floor, 200 Lichfi'eld Lane, Nllansfield, Nottinghamshire NG18 4RG. Advisors Independent Examiney John O'Brien Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG15GL Bankers The Co-operative Bank PIC Customer Services PO Box 250 Skelmersaale WN8 6V Investment Advisors BlaG.rf Rock Investment Trlanagers Ltd 33 King Ililjl':.am Street London EC4R 9AS CCLA Investment I,fjanagement Ltd COIF Charity Funds 80 Cheapsid- Lonoon EC2IJ 6DZ Nir*djqèfvmW..*￿.￿( P C7g•FIYlQlIYI 12M1È¥j2311q..￿Is INTRODUCTION The Trustees of the Charity are the Trust Board of Nottinghamshire Healthcare NHS Foundation Trust. Charity Registration and Organisation The Charity is registered under one umbrella Nottinghamshire Healthcare NHS Foundation Trust Charitable Twst Funds (1111895>, there are also various special purpose charities. which reflect a particular hospital or bequest. Nottinghamshire Healthcare NHS Trust Minibus,. Nottinghamshire Healthcare NHS Trust Training. Nottinghamshire Healthcare NHS Trust Staff Welfare. Nottinghamshire Healthcare NHS Trust General Purpose. Nottinghamshire Healthcare NHS Trust Patients Welfare. Nurses & Midwives-Annesley Woodhouse., Notlinghamshire Healthcare NHS Trust (expendable funds) Common Investment. Nottinghamshire Healthcare NHS Trust'_ Lady Middleton; and Nottinghamshire Healthcare NHS Trust Patient Amenities. Where there is a legal restriction on the purpose to which a fund may be put, the fund is classified in the accounts as a restricted fund, similarly, where funds are donated for a specific purpose. Funds where the capital is held to generate income for charitable purposes, and the capital cannot be spent. are accounted for as endowment funds. Other funds are classified as unrestricted. ObJectives and Activities for the Public Benefit The objective of the Charitable Funds is to use both the income and capital of the fund for enhanc,:ng Siaff and public ivellbeing by utilising the funds to L)roiiiae eqLipmenL and seiwices relatlilg to the Nat-o.ial Health Service v￿ho[l&l or mainly for Ngttinghams￿..i[e HealLhcare NHS Foundaiion Trust. The trustees confirm thar it nas .eferred to the guidan￿ contained in the Charity Commisoion's general guldance on publiG benefit in section 17 of the Charit=es Act 2011 14ihen revieviing the aims and objectiiies of the Charity and in plaii ning future activities. Organisational Structure lembers of the Trust Board and Chaiitable Funas Committee are not indiiiidual trustees unde", Charibl Lab41 but act as agents on behalf of the Corporate Trustee. The Trustees of the Charity are the Directors and Non-Executive Directors of the Nottinghamshire Healthcare N'HS FoJndation Trust. The Charitable Funds Committee is constituteo sub-. .Ithcare NHS Foundation Trust Board, -Jmmittee cf tne Nottinghamshire He- vii'b. ihe Terms o," Reference incluaed in the TriJS7'S Sianding Ordeis. Tb.e Trustees meet every six months to conduct the business of tb.e Charity. Funds continue to be used for charitable purposes relating to Nottinghamshire Healthcare NHS Trust. . I gJ.wyw:14F.g¢.ffjg Purpose of the Annual Report and Accounts The report provides information on the work of the Charity and the accounts for the year ended the 31sI March 2022. The report and the accounts comply with the financial statements which have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the Charity'.s governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (known as FRS102). Objects and Powars The Charitable Fund is constituted by Deed of Trust and is registered with the Charity Commission. Under the terms ofthe Trust Deeds the Trustees can use the unreslricted funds and apply income at their discretion for any charitable purpose or purposes relating to the National Health servi￿ wholly or mainly for the services provided within Nottingham and Nottinghamshire. Election of Trustees The members of the Board of Nottinghamshire Healthcare NHS Foundation Trust automatically form the Trustees of Charitable Funds. The Chairman and Non-Executive Directors are appointed by the Council of Governors. Investmgnt & Reserves Policy The funds within the Charity are treated colleGtively rather than individually for investment purposes (with the exception of Forest Road and Lady Middleton). To maximise income potential, the Charity invests these monies to generate interest and where appropriate dividends. To achieve this, an official pooling scheme is operated in accordance with the Charity Commission's guidelines. The Trustees employ the expert services of independent advisors to invest their funds for growth and income. The General Purpose reserves consist ofdonations made bythe general public for the benefit of patients and staff of Nottinghamshire Healthcare NHS Foundation Trust. These funds are reviewed by the Trustees. When it is appropriate funds are earmarked for future projects. Due to the unpredictability of income receipts and the ad-hoc nature of expenditure upon Charitable Funds, it is prudent to maintain relatively high cash balances by comparison with the overall level of funds held. This is to be determined in the range of £45,000 to £65,000. This is reviewed on an ongoing basis as part of the general management arrangements. The sale or purchase of investments is undertaken as necessary. . Ni(8tsb[)f&o•trA..¥wu¥rf￿.JwIILVYjUF0SIbJ0ffj 133.ioir2073 116:31:19 Achievements and Performanco Throughout the year all funds have continued to support a ijariety of activities for the benefit of staff, patients, service users and volunteers, reflecting on the wide range of individual funds which are earmarked in line with the Charity's objectives. Total Fund Balances :, During the year total fund balances have increased from £1,345,019 to £1,354.237. The funds made an unrealised gain of £74,336, also in the first quarter of the financial year 21122 £60,000 was invested increasing the value of the funds by £134,336. Compared to the gain of £201,159 in 2020121 entirely by net gains on revaluation of investments. This has been another challenging year for the financial markets with the surge of spending on goods and imbalances between supply and demand driving global inflation and spread of different variants of COVID-19 leading to setback in recovery. The invasion of Ukraine by Russia in Ihe last quarter drove *urther uncertainty in the financial markets. However overall, and despite the pressure noted. financial markets generally rallied during the year 2021122. Expenditure is approved by Fund Managers and movement in funds reported to and reviewed by the Trustees on a six-monthly basis. Incoming Resources Charitable Trust income of £62,209 derives from voluntary contributions which is the largest Sour￿ of income and investment income from dividends been the second largest form of income. The Trusiees ivould like to thank all those people ano organisatlols Viiho made a contribution to the Trust over the past year. The benefits io the paLients' corr-fort and trealment iirfithin the. Nottinanarjshire Healthcare NHS Four:dation Trust are incalculable and all contribu.tions wnether small or large ale ieceived with much appreciation. Friends of Highbury Live Team receivino in total £10,000 from the Lottery fund to enable them to purchase gardening iLems for the gardeyi project a* Highbury purchasing gardening packs, plants, the creation of tne mosaic walkwL.'a&'. picnic tables and raised gardening beds. The Vere fami,:y i(indly donated in memory oftheir late father £2,160 fortne ShetNvood LoGality Team located at Ed￿lJInst0i￿rfe for them to purchase 2 syringe drivers ivith cases. The library department at Rampton received cionation of £1,250 from an ex-staff member Peter Du-nham foi- the purchase of books for all staff to enable them to help studying mental health nursing. Nirsio)qthMt@IW.L*..rnb.JlbllG7laASff OQJg9 12Y01 Q02a i 1fj::29::18 Incoming Resources- £000 Donatjons • Investments 29 other 30 Outgoing Resources The Charitable Trust released £113,997 during 2021122 in support of patients, welfare, staff welfare and training as stated within the objectives of the fund. staff Welfare & Amenities This enables funding of staff training and training courses to further educ8te and equip staff with relevant skills. Staff amenitles enables the purchase of stsff equipment, books and subscriptions. Patients Welfare & AmenÈties Improvements to patients comfort, grant¢ for Christmas !estiKiitiesloutings, atts & activity sessions along vjith gardening improve.ments ivhich enable patients to participate in gardening actii.'It es and help viith the v'el being Jf the patient. Patients Welfare Medical Equipment PurGhase o.= medi-al equipment such as bladder scanners and other mobile medical equipment be_iefiting commuii ity, patie￿t< and staff on a da'.ly oasis. All expenditure incurred vias approvea in line ivith the Charities procedure "A Guide to Practitioners" Governance The Charitable Trust also released £12,370 for the aorriinistration costs of rLJnning tye Charitable Trust on a day-to-day basis back to NottinghaiT.shire Healthcare. This is NirSikTriéwh•. i81￿..￿t￿￿JN[II(r1￿5R. sffjoooffj 123101.1202311fj'.34:19 apportioned across all funds based on fund value. A fee of £960 inclusive of VAT is payable to our Independent Examiners to review our year end accounts. Resources Expended "H'ManaB¢ntpnt& A'dtb"Inlstratlan" Patlents.Welfare & Amenities ..È" ."80 Patlents Welfare &_Amenlties Med Lody Middleton. io 13 Statement of Risk The Charity has identified and examined all major risks that it is exposed to. and systems have been establ':shed to mitigate these. Signed.. Trustee.. G(1112Z ' NIr£ithi￿.mtsjjkllcI2&R. 9ftoffj%12S1011202311fi:94:19