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2021-03-31-accounts

Central London Community Healthcare NHS Trust Charity and Related Charities

Annual report and accounts For the 12 months ending 31 March 2021

Registered Charity No 1120231

ANNUAL ACCOUNTS CONTENTS

Page
Contents 1
Charity highlight 2
Legal and administrative information 3
Trustee’s annual report 4
Statement of trustee’s responsibilities 10
Independent examiners report 11
Statement of financial activities 12
Balance sheet 13
Notes to the accounts 14

1

1 CHARITY HIGHLIGHT YEAR ENDING 31[ST] MARCH 2021

The Central London Community Healthcare NHS Trust Charity and Related Charities is made up of 12 different charitable funds.

The largest fund is the Pembridge Hospice Charity (a registered working name with Charity Commission). The charity employs a full-time fundraising manager who organises and manages all fundraising activity to raise money for the continued support of patients and their families, and a full-time volunteer manager who recruits and manages a network of volunteers. Both roles have engaged with the community and clinical services to support excellent patient care, ensuring the best possible experience for all patients and their families using the services provided by Pembridge Hospice.

Our year reflections

£218k

£95k DONATED

DONATED To support patient health and wellbeing.

to the Charity during the year

VOLUNTEERING

Volunteer drivers delivering therapeutic aromatherapy items and bespoke creative art packs to patients in the community.

119 503 VIDEO OT AND FACE TO FACE OT 1,750 92 PHYSIO SESSIONS AT AND PHYSIO HOME SESSIONS AT HOME THERAPEUTIC NEW VOLUNTEERS

Helping patients to maintain MASSAGE SESSIONS

their independence and freedom were given to hospice patients to relieve pain and anxiety

Helping patients to maintain their independence and freedom are helping to provide better care for patients

at the Trust OUT REACH MASSAGE AND

AROMATHERAPY

THERAPEUTIC ART SESSIONS

*Visits on hold.

Provided bespoke diversional and vocational creative activities for patients isolating in their homes

Provided support calls and virtual self-massage sessions, aromatherapy packs for relaxation/symptom control

VIRTUAL LIGHT UP A LIFE REMEMBRANCE EVENT

Celebrating life and fundraising for hospice patients

2

2 LEGAL AND ADMINISTRATIVE INFORMATION

Central London Community Healthcare NHS Trust Charity and Related Charities.

Registered charity No 1120231.

Governed by a trust deed dated 25 July 2007 and a Transfer of Trust Property Order (2011 No 2748) dated 22 December 2011 and supplemental deed of declaration dated 17 February 2016.

Bankers

National Westminster Bank Plc 135 Bishopsgate London EC2M 3UR

Investment Managers

Cazenove Capital Management (Schroder & Co. Limited) 31 Gresham Street London EC2V 7QA

Independent Examiners

Burgess Hodgson Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN

Principal Office of Corporate Trustee Central London Community Healthcare NHS Trust Trust Headquarters 2nd Floor – Finance Department 5 – 7 Parsons Green London SW6 4UL

3

3 TRUSTEE’S ANNUAL REPORT

3.1 Introduction

The Corporate Trustee presents the Central London Community Healthcare NHS Trust Charity and Related Charities Annual Report and Accounts for the year ended 31 March 2021, prepared in accordance with the Charities Act 2011 and the Charities Statement of Recommended Practice (SORP) 2015.

3.2 Background

The Charity holds and dispenses money donated by members of the public for the improvement of the welfare, healthcare environment, and well-being of staff, carers, volunteers and patients treated by Central London Community Healthcare NHS Trust.

Whilst only created during 2007 this was not the beginning of the Charity’s story: at this point funds were transferred from Chelsea and Westminster Health Charity who had held past donations received over a number of years.

A principle of charities established for the wellbeing of those receiving or giving NHS healthcare is that the charitable fund should be governed by those with a close link with the Trust providing the care (with the Trust itself being a corporate trustee if possible).

Donations and legacies received by the Charity are accepted, held and administered as funds and property held on trust for the purpose or purposes relating to the health service in accordance with the National Health Service Act 1977, the National Health Service and Community Care Act 1990 and the National Health Service Act 2006. These funds are held on trust by the corporate body. The Charity's principal place of business is the Finance Department, 2nd Floor, 5-7 Parsons Green, London SW6 4UL. Other contact details are set out on page four.

3.3 Structure, governance and management

3.3.1 Structure

The Charity currently has 12 funds which have arisen from past donations, legacies and fundraising. Note 5.2 to the accounts on page 18 lists all funds held by the Charity, together with an analysis of income and expenditure in the year.

Unless the donation or legacy specifies the intended purpose of the gift they are allocated to the existing general funds. The notes to the accounts distinguish the types of fund held and disclose separately all funds.

3.4 Governance

3.4.1 The Trustee

Central London Community Healthcare NHS Trust (CLCH) is the Corporate Trustee of the Charity and was appointed Corporate Trustee on 22 December 2011. The Trust Board (the Board) has devolved responsibility for the on-going management of funds to the Charitable Funds Committee (the Committee), which administers the funds on behalf of the Corporate Trustee.

4

The Committee members serving from 1 April 2020 to when the accounts were signed are:

Name Job Title
From
To
Clive Sparrow, NED Committee chair 04.12.17 -
Dr Joanne Medhurst, medical director Committee member 14.01.13 -
Mike Fox, director of finance, contracting and
performance		 Committee member 30.07.15 -
Philippa Johnson, divisional director of operations Committee member 14.03.19 -
Jane Slatter, NED Committee member 21.11.19 -

3.4.2 Recruitment and training of Board and committee members

Non-Executive Members of the Trust Board are appointed by NHS Improvement. Executive Members of the Board and Trust Officers are subject to recruitment by the Trust. Members of the Board and the Committee are not individual trustees under charity law but act as agents on behalf of the Corporate Trustee.

Training covering the role of the corporate trustee and GDPR requirements was provided to the corporate trustee of the Charitable Funds in May 2018.

3.4.3 Management

The Committee met three times within the reporting period. Under its delegated powers it ensures appropriate control of fund management and that the Charity is meeting its reporting requirements imposed by the Board and The Charity Commission.

All funds are managed on a day-to-day basis by designated fund managers. Reports on fund performance are provided on a monthly basis to the Charity’s administrators. Administrative and all accounting support for the Charity is provided by the Finance Department of Central London Community Healthcare NHS Trust, which is a service paid for by the Charity. There continues to be a service level agreement in place between the Charity and the Trust and this explains roles and responsibilities.

3.4.4 Risk management

As Corporate Trustee, the Board of Central London Community Healthcare NHS Trust has established the Charitable Funds Committee to make and monitor arrangements for the control and management of the Trust's charitable funds. Any major risks to which the Charity has been exposed are identified by the Committee and reported to the Corporate Trustee which ensures that systems and procedures have been established to manage those risks.

The Committee has conducted a review of the systems of internal control utilised by the Charity. This was performed through interviews with the officers of the related Trust and using the internal audit reports prepared by the internal auditors of the related Trust (these reports do not include the Charity’s transactions in scope but review the same controls used by the Charity). The conclusion is that the control environment is operating effectively and efficiently. Due to the size of the Charity, and the low level and value of transactions, it is not deemed effective for the Charity to have its own internal auditors.

5

The major risks identified by the Committee are the erosion of the real value of the investments through the effects of inflation, loss of investment value through the application of a high risk investment policy, and the Charity not adequately discharging the wishes of the donor through the accumulation of capital exceeding that needed for the purpose for which the funds were originally donated. The Trustee’s response to the latter risk can be seen below in the reserves policy outlined on page eight. The Trustee’s response to inflation and investment risk is to hold a balance of investments with the purpose of providing income to help the charity carry out its objectives and to:

The Trustee believes the best way to achieve these objectives is to invest the Charity’s funds – pooled together to minimise administrative charges - in an ‘Income Fund’ which has sufficient diversification to minimise risk and ensure an acceptable return.

Investment risk management is also facilitated by:

The use of derivatives for investment or the hedging of risk and direct investments in tobacco is strictly forbidden as the Charitable Funds Committee has decided against such investments.

3.5 Objectives and Strategy

3.5.1 Charitable objective

The objectives of the Charity are to hold the funds upon trust and to apply the income, at the Trustee’s discretion, and so far as may be permissible, the capital, for any charitable purpose or purposes relating to the National Health Service.

3.5.2 Funds strategy

The Corporate Trustee fulfils its legal duty by ensuring that monies are spent firstly in accordance with the Charity’s legal object and secondly, within that object, in accordance with the objects of each of its individual funds. When donations are received they are placed in designated funds set up by the Trustee, to benefit patient care and advance the good health and welfare of patients, carers and staff. Within the Charity there are 12 funds which are either unrestricted or endowment.

Note 5.2 to the accounts on page 18 lists all funds held by the Charity, together with an analysis of income and expenditure in the year.

6

3.5.3 The Purpose of Current Funds held by the Charity as at 31 March 2021.

Unless otherwise stated both the funds’ capital and income can be allocated by the Trustee in pursuit of the Funds’ objectives.

Barnet Kensington & Chelsea Westminster Hertfordshire CLCH Wide
General Fund Merged
(Children, Day Hospital,
Diabetes)
£133k		 Pembridge Unit Fund
The purpose of the fund is for
any charitable purpose or
purposes relating to the NHS
wholly or mainly for the
support and care of dying
patients.
£1,839K		 Diabetes Funding
Westminster PCT
Any charitable purpose
or purposes relating to
the NHS, wholly or
mainly for the services
provided
by
Westminster
for
Diabetes Services.
£1k		 Hertfordshire
Respiratory Services
The purpose of the fund
is to provide financial
assistance to patients
with
respiratory
conditions
in
Hertfordshire.
£2k		 CLCH General Fund
Any charitable purpose
or purposes relating to
the NHS wholly or
mainly
for
general
purpose fund provided
by
Central
London
Community Healthcare
NHS
Trust.
£178k
General Patients Fund
(Endowment)
For the benefit of the
patients of Barnet PCT.
£4k		 Princess Louise Nursing
Home Fund
The purpose of the fund is for
any charitable purpose or
purposes relating to the NHS
wholly or mainly for the
Princess Louise Nursing
Home.
£19k		 General Fund –
Westminster PCT
Any charitable purpose,
or purposes relating to
the NHS wholly or
mainly for the services
provided
by
Westminster staff.
£116k		 Herts Hollywell Fund
The purpose of the fund
is for any charitable
purpose, specifically
equipment & resources,
that benefit the patients
of the Holywell
neurological
Rehabilitation unit
£23K
FMH Samaritan Fund
(Endowment)
For the benefit of Provider
staff
and
patients
at
Finchley
Memorial
Hospital.
£19k		 Athlone House
Nursing Home
Wholly or mainly for
the benefit of staff and
residents
at
Athlone
House Nursing Home.
£Nil
Garside
House
Nursing Home Fund
Wholly or mainly for
the benefit of staff and
residents
at
Garside
House Nursing Home.
£5k

7

3.6 Our activities

3.6.1 Charitable expenditure

Throughout the period all funds have supported a variety of activities for the benefit of both staff and patients, reflecting the wide range of special purposes for which individual funds are earmarked in line with the Charity's objectives.

Within these totals, the Charity made numerous smaller grants that the Trustee believed would improve the quality of life of patients and staff and demonstrates that the Charity is actively pursuing its objectives.

3.7 Financial review

3.7.1 Corporate Trustee's responsibilities for the financial statements

The Corporate Trustee is required by charity law to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity at the end of the financial year and of the net incoming or outgoing resources of the Charity during the period.

The Trustee confirms that it has complied with the relevant requirements in preparing the financial statements. Furthermore, as far as the Trustee is aware, there is no relevant audit information of which the Charity’s independent examiner are unaware, and the Trustee has taken all the steps that ought to have been taken as a Trustee to be aware of any relevant audit information and to establish that the Charity’s independent examiner are aware of this information.

3.7.2 Basis of accounting

The annual financial statements of the Charity are attached to this report. They have been prepared using the Statement of Recommended Practice 2015: 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 the Charities Act 2011.

As part of the preparation of these financial statements, the Committee, on behalf of the Corporate Trustee has reviewed all the Charity’s key accounting policies to ensure that they are in accordance with the requirements of the Charity SORP 2015 and of best accounting practice.

3.7.3 Review of the year

The vast majority of the Charity's income is from donations and dividends on its investment portfolio. Donation and legacy income was £218k during 2020/21 (2019/20: £85k) and investment income £92k (2019/20: £99k). Expenditure totalled £389k during the year (2019/20: £331k) the majority of which was spent on charitable activities as highlighted in section 1 above.

The Charity's main asset continues to be its investment portfolio, amounting to £2,280k at 31 March 2021 (£1,904k at 31 March 2020).

3.7.4 Reserves policy

Where funds are held, efforts are made to further the Charity’s objectives and ensure that funds are used for their intended purposes. As the intention of the donors was to use the money to benefit patients and staff, the Committee encourages the expenditure of funds. Reserves can be - and must only be - expended for the furtherance of related fund’s objectives.

8

The funds held by Central Lonikn con￿]Unity Health￿¢ NHS Tru￿ Chanty and Related Charitses are either endowments or unrestncted funds. 3.7J Our future plans The chanty will continue lo use the funds at its to furth¢r its chon"¢able objectives wh￿st setting investment policie5 th8t enable continued real ￿oWth minmial risk to the funds, c4)itsi The Chan"table Fund5 Clxnmittee continues to focus 00 developu)g and implementin8 the Chon"ty's strategy to deliver the objectives of the fund& whilst becoming increasingly focused on raising funds. There has b¢¢n considerabl¢ effort dwmg the year to promote the charity more widely auoss the Tntst with both staff and patients. SiKn4thre.' Clive Spammi,. C'knritsble F¥nds C'hair Dale..

Sttemen¢ of Trn$tee'$ respon$ibilities i• respect of the T￿￿ee.% •nnu•l report ajd tbe financiAI JttemeDts Under the trust deej of the charity and chan'ty law. the Irustee is Trskx)nsible for prepann8 the Trustee's Amiu81 Report and the financ￿1 in ￿cOrdanCe wrth applicable law and regulations. The fU￿le1a1 statements are r￿u)re0 by law to give 8 Iru¢ and faiT view of the state of affairs of the charity and of the excess of incom¢ ov¢r eX￿￿"thre for that penod. In prep8nng these rmanc￿l statement& gen￿dIY ￿ acco￿¢￿8 prxtsce entails that the truste¢.' select suiiable accountin8 ￿lICIeS and then 8N)ly than W￿￿t￿lly. make jud8¢m¢nts and utsmot¢s thgt ar¢ re&8onable and PTud¢rf: stal¢ whether applicable UK Accountm8 Standwds and the Statemeth of Recommended Pr￿Ice have been follow4 subject to any material th'sclos¢d eJKI explained in the fm8ncial statements,. stale whether the financial statements compty with the trust deol subJ¢¢t to any mffial departU￿S disclosed and expl3Jned Jn the financiai statements. and prepa￿ the fu￿￿la1 $￿ements on the 8OD18 concern b8sis unless it is inapprwate to presume that the chan'ty will eontinue in Ewincss. The trnstee is requir￿ to 8Ct in accordance with the tntst deed of the chty. within the framewo￿ of trn5t law They are responsible for keeping proper occountin8 r￿Or(ts, sutTicient to disclose at any time. with rc&sonabl¢ ￿Ur4¢Y, th¢ fuwici8] position of the chanty at that tlln¢, ond io ￿￿￿le the truse io ensure thaL where any sthtements of ￿CoUnts aTe prepared by them under section 13211 } of the ChBriti¢s Act 2011. those statemthis of accounts comply with th¢ requmcnts of regulations under that provision. They have general responsibility foT takin8 steps as are reasonably open to them to safeguard the &ssets of the chanty and to prevent and detect fraud and other ryularitses. The trustee is re5yonsible for the M￿ntenance inteBnty of the financial and other inforrnation included on the chity'S websi Legislation in th¢ UK govern￿8 th¢ prepar&ion and disseminatson of financial stst¢m¢nts moy diff¢r from legislation in other Jurisdiction5. By order of the T￿￿¢¢. Ch8ntAble Funds Committ¢¢ Chw . Date.. DIr￿tOr of F￿aTr¢¢, COntr￿ting and Perforn)gn Date.. 21 DKember 2021 io

5 Independent Examiner’s Statement

I report to the trustees on my examination of the financial statements of the Central London Community Healthcare NHS Trust Charity and Related Charities ('the charity') for the year ended 31 March 2020.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Thomas Saltmer Burgess Hodgson LLP Independent Examiner

Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN

11

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income and Endowments
Donations and Legacies
3.1
Income from Investments
3.2
Total Income and
Endowments
Expenditure
Expenditure on Raising
Funds
4.1
Expenditure on Charitable
activities
4.2
Total Expenditure
Net Gains/(Losses) on
Investments
Transfers between Funds
Net movement in funds
Reconciliation of Funds
Total funds brought
forward
Additional funds
transferred in Year
5.2
Total funds carried
forward		 Unrestricted
Funds
Endowment
Funds
31-Mar-21
31-Mar-20
£’000
£’000
£’000
£’000
218
0
218
85
91
1
92
99
309
1
310
184
10
0
10
11
379
0
379
320
389
0
389
331
373
3
376
(237)
0
0
0
0
293
4
297
(384)
2,000
19
2,019
2,403
23
23
2,316
23
2,339
2,019

The notes on pages 14 to 19 form part of these financial statements. All income and expenditure is derived from continuing operations.

12

BALANCE SHEET AS AT 31 MARCH 2021

Notes
Fixed Assets
Investments
5.1
Current Assets
Debtors
6
Other current assets
Cash at bank and in hand
Total Current Assets
Current liabilities
Creditors: Amounts flling due within one year
7
Provisions
Total Current Liabilities
Net Current Assets/ (Liabilities)
Total Net Assets
Funds of the Charity
Unrestricted Funds
Endowment
Total Funds
5.2		 31-Mar-21
31-Mar-
20
£'00
£'000
2,280
1,904
0
50
2
2
93
66
95
118
36
2
0
0
36
2
59
115
2,339
2,019
2,316
2,000
23
19

2,339
2,019

The notes on pages 14 to 19 form part of these accounts.

The Trust has taken the exemption route under FRS 102 in relations to cash flow statement.

The financial statements on pages 12 to 13 and accompanying notes were approved by the Audit Committee on behalf of the Board on 14 October 2021 and signed on its behalf by:

Committee Chair: Date: � o,mance and Cont<act;ng, Date: 21 December 2021 ��

13

NOTES TO THE ACCOUNTS

Note 1 Principle accounting policies

a) Basis of preparation

The financial statements 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 financial statements have been prepared in accordance with the Statement of Recommended Practice 2015: 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 the Charities Act 2011.

The Charity constitutes a public benefit entity as defined by FRS 102.

The Trustee considers that there are no material uncertainties about the Charity’s ability to continue as a going concern.

b) Income and endowments

All income from donations and legacies are included in full in the Statement of Financial Activities (SOFA) as soon as the following three factors can be met:

c) Expenditures

The Charitable Fund 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.

i) Expenditure on raising funds

The costs of generating funds are the costs associated with generating income for the funds held on trust. For 2020/21 they included a £5k management fee (2019/20: £6k) charged by Cazenove Investment Managers.

ii) Expenditure on Charitable activities

Included in Expenditure on Charitable activities, are the costs associated with the general running of the charity as opposed to the direct management functions inherent in generating funds, service delivery and programme or project work. These activities provide the Charity's governance infrastructure which allows the charity to operate and to generate the information required for public accountability. They include the strategic planning processes that contribute to the future development of the charity.

The use of office equipment and office space, have not been recognised in the statement of financial activities because their value is not easily quantifiable. An administrative cost of £40k has been charged for 2020/21 for staff based on an apportionment of time and CLCH assets used for administering the fund (£50k: 2019/20).

14

d) Structure of funds

The Charity’s funds are in two groups:

Details of the funds and their objectives are included in the Annual Report above and their financial performance during 2020/21 on page 18 below.

e) Investment Fixed Assets

Investment fixed assets are recorded at market value. Quoted stocks and shares are included in the balance sheet at mid-market price, excluding dividend.

The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

f) Gains and losses

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).

g) Cash Flow Statement

The Trustee has taken advantage of the exemption in Financial Reporting Standard 102 from including a cash flow statement in the financial statements on the grounds that the Charity is wholly owned by Central London Community Healthcare NHS Trust and is considered as part of its consolidated cash flow statement.

15

Note 2 Related party transactions

None of the Board (Corporate Trustee) or management at Central London Community Healthcare NHS Trust or parties related to them has undertaken any material transactions with Central London Community Healthcare NHS Trust Charity and related Charities during the financial year or received any benefit from the charity in payment or kind.

Central London Community Healthcare NHS Trust was appointed as corporate trustee of The Central London Community Healthcare Charity and related Charities on 22 December 2011. The Trust Board serves as the Charity’s agent in the administration of the charitable funds. The Charity is a related party of the Trust. During 2020/21 the Charity paid the Trust £162k (2019/20: £289k) for goods and services provided by the Trust and an administration fee of £40k (2019/20: £50k). The payable balance outstanding to Central London Community Healthcare NHS Trust at 31st March 2021 was £25K (£nil, 31 March 2020).

Note 3 Income and endowments

Note 3.1 Voluntary income resources

Donations
Legacies
Total donations and legacies		 2020/21
2019/20
£'000
£'000
218
85
0
0
218
85

Note 3.2 Investment income

Dividends
Bank Interest
Total income from investments		 2020/21
2019/20
£'000
£'000
92
99
0
0
92
99

Note 4 Resources expended

Note 4.1 Expenditure on raising funds

ote 4 Resources expended
ote 4.1 Expenditure on raising funds
Investment management costs
Administration services
Total costs of generating funds		 2020/21
2019/20
£'000
£'000
5
6
5
5
10
11

16

Note 4.2 Expenditure on charitable activities

ote 4.2 Expenditure on charitable activities
Patients' welfare and amenities
Staff welfare and amenities
Independent Examiners remuneration
Administration charges for the management of the charity
Grant expenditure
Total charitable activities expenditure		 2020/21
2019/20
£'000
£'000
172
257
59
11
2
2
40
50
106
0
379
320

The administration charge for management of the charity, a service provided by Central London Community Healthcare NHS Trust with a service level agreement in place has remained the same as the previous year. During 2019/20 the Charitable Fund Committee agreed that the 2020/21 Accounts will be independently examined instead of audited due to the size of the Charity.

Note 5 Fixed assets

Note 5.1 Fixed asset investments

Market value at 1 April
Gains/(Losses)
Cash withdrawn
Market value at 31 March
Held as:
UK equities
Cash		 2020/21
2019/20
£'000
£'000
1,904
2,354
376
(237)
(214)
2,280
1,904
2,280
1,904
2,280
1,904

17

Note 5.2 Analysis of total funds

Fund Balance
1st April
2020		 Donation
and
legacies		 Expenditure Investment
income		 Other
recognised
gains /
losses		 Internal
transfer(s)		 Additional
Funds
Transferred
in Year		 Balance 31st
March 2021
Unrestricted £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Central London Community Healthcare NHS Trust General
Fund*		 156 143 (158) 7 30 0 0 178
General Fund - Westminster PCT 135 0 (50) 6 25 0 0 116
Pembridge Unit 1,577 74 (177) 72 294 0 0 1,839
Princess Louise Hospital 16 0 (0) 1 3 0 0 19
Garside Nursing Home 4 0 (0) 0 1 0 0 5
Athlone House Nursing Home 0 0 0 0 0 0 0 0
Gen Fund Merged( Children, Day Hospital, Diabetes) 110 0 (3) 5 20 0 0 133
Diabetes Funding - Westminster 1 0 (0) 0 0 0 0 1
Hertfordshire Respiratory Services 1 2 (1) 0 0 0 0 2
Herts Hollywell Fund 0 0 0 0 0 0 23 23
Total unrestricted 2,000 218 (389) 91 373 0 23 2,316
Endowment
FMH Samaritan Fund 16 0 (0) 0 3 0 0 19
General Patients Fund 3 0 (0) 0 1 0 0 4
Total endowment 19 0 (0) 0 4 0 0 23
Grand total 2,019 218 (389) 91 377 0 23 2,339

18

Note 6 Debtors

2020/21
2019/20
Amounts falling due within one year:
£'000
£'000
Debtors - accrued income
0
31
Debtors - CLCH NHS Trust
0
19
Total debtors falling due within one year
0
50
Note 7 Creditors
2020/21
2019/20
Amounts falling due within one year:
£'000
£'000
Trade creditors
36
2
Total creditors falling due within one year
36
2
Note 8 Connected organisations
2020/21
2019/20
£'000
£'000
£'000
£'000
Turnover
Surplus
Turnover
Surplus
Central London Community Healthcare Trust
318,360
(1076)
273,058
22,790		 2020/21
2019/20
£'000
£'000
0
31
0
19
0
50
2020/21
2019/20
£'000
£'000
36
2
36
2

Note 9 Events after reporting period

There are no events after the reporting period.

19