REGISTERED COMPANY NUMBER: 08242250 (England and Wales) REGISTERED CHARITY NUMBER: 1151762
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31st March 2021
for
City Health Care Partnership Foundation
cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX
City Health Care Partnership Foundation
Contents of the Financial Statements for the year ended 31st March 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
City Health Care Partnership Foundation
Report of the Trustees for the year ended 31st March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Public benefit
The Trustees have considered the objectives of City Health Care Partnership Foundation and are satisfied that they are wholly for the public benefit under section 17 (5) of the Charity Act.
Grantmaking
As part of the Foundations objectives it is required to make grants to other organisations with a health need. This process of grant making is maintained and governed though the meeting of Trustees and via application to the Foundation.
The principal aims of the Foundation and objectives are:
(A) To promote and support health and wellbeing within the communities in which the City Health Care Partnership CIC delivers its services within the United Kingdom by such charitable means as the directors see fit;
(B) To promote and protect both the physical and mental health of the patient community within the United Kingdom through the provision of financial assistance, support, education and practical advice;
(C) To advance the education of the general public in all areas relating to health and wellbeing;
(D) To further such other charitable purposes and such charitable or other organisation and organisations (that further a charitable purpose or purposes) as the Trustees of the charity shall from time to time decide.
ACHIEVEMENT AND PERFORMANCE
This financial year the board of trustees have again made numerous awards in small grants, green health grants and staff sponsorship.
The Foundation supports and fulfils CHCP CIC's objectives as a social business, to give colleagues as trustees the opportunity and experience of running a charitable business and making its resources work harder for the benefit of the local communities in which it operates.
The Foundation continues to have a strong financial base to perform the function that is required acknowledging the challenges the COVID pandemic will present in the short and medium term.
FINANCIAL REVIEW
Reserves policy
The Trustees review all financial information including levels of reserves against risks regularly. As the Foundation has no commitments and the objectives are only delivered from existing resources minimal financial reserves are deemed required.
The Trustees are satisfied with both the manner of control in regard to the finances and that all funds received have been utilised in an effective manner.
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City Health Care Partnership Foundation
Report of the Trustees for the year ended 31st March 2021
FUTURE PLANS
The Foundation plans to continue the work in relation to local communities and build upon the increasing levels of awareness of the work the Foundation performs. Publicity regarding our success stories has increased this year with more individual case stories published on the website to provide examples of the groups and organisations we aim to support.
The challenges of the COVID pandemic will continue to adversely affect many of the small groups and organisations that the Foundation work with and Trustees will monitor and work closely with them to try and maximise the benefits additional funding can provide for our communities.
Development of the funding strategy is still ongoing to move the Foundation closer to being self-sufficient and reduce the reliance on CHCP CIC.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are appointed in line with the Foundation rules. Once appointed Trustees are provided with details of the charities objectives and constitution. Each Trustee is appointed to a specific area of work for which they have responsibility. Trustees have access to documentation provided by the Charity Commission and are supported by an existing Trustee with responsibility for Trustee welfare.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08242250 (England and Wales)
Registered Charity number
1151762
Registered office
5 Beacon Way Hull HU3 4AE
Trustees
H Henrickson G M Hill R A Scarr J C O'Neill (resigned 31/12/20) L M Flower N S Cartwright Trustee (appointed 1/5/20) B E Clark Trustee (appointed 1/5/20) (resigned 14/5/21) J L Williams (appointed 11/8/20)
Independent Examiner
cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX
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City Health Care Partnership Foundation
Report of the Trustees for the year ended 31st March 2021
REFERENCE AND ADMINISTRATIVE DETAILS Bankers
Lloyds Bank plc 2nd Floor 14 Church Street Sheffield S1 2HP
Approved by order of the board of trustees on 27th July 2021 and signed on its behalf by:
L M Flower - Trustee
Page 3
Independent Examiner's Report to the Trustees of City Health Care Partnership Foundation
Independent examiner's report to the trustees of City Health Care Partnership Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of A.C.A. which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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
-
the accounts 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.
Alan Brocklehurst A.C.A. A.C.A. cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX
27th July 2021
Page 4
City Health Care Partnership Foundation
Statement of Financial Activities for the year ended 31st March 2021
| 2021 Unrestricted Restricted Total fund fund funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 7,935 265,769 273,704 Investment income 3 355 - 355 Total 8,290 265,769 274,059 EXPENDITURE ON Raising funds 1,252 - 1,252 Charitable activities Grants payable - 32,629 32,629 Other 9,495 8,751 18,246 Total 10,747 41,380 52,127 NET INCOME/(EXPENDITURE) (2,457) 224,389 221,932 RECONCILIATION OF FUNDS Total funds brought forward 32,641 274,462 307,103 TOTAL FUNDS CARRIED FORWARD 30,184 498,851 529,035 |
2020 Total funds £ 185,080 |
|---|---|
| 1,589 | |
| 186,669 | |
| 770 | |
| 64,112 | |
| 15,798 | |
| 80,680 | |
| 105,989 | |
| 201,114 | |
| 307,103 | |
The notes form part of these financial statements
Page 5
City Health Care Partnership Foundation
Balance Sheet
31st March 2021
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 6 - Cash at bank 32,227 32,227 CREDITORS Amounts falling due within one year 7 (2,043) NET CURRENT ASSETS 30,184 TOTAL ASSETS LESS CURRENT LIABILITIES 30,184 NET ASSETS 30,184 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 216,145 334,442 550,587 (51,736) 498,851 498,851 498,851 |
2021 Total funds £ 216,145 366,669 582,814 (53,779) 529,035 529,035 529,035 30,184 498,851 529,035 |
2020 Total funds £ 121,252 294,988 |
|---|---|---|---|
| 416,240 | |||
| (109,137) 307,103 307,103 |
|||
| 307,103 | |||
| 32,641 274,462 307,103 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 27th July 2021 and were signed on its behalf by:
G M Hill - Trustee
The notes form part of these financial statements
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City Health Care Partnership Foundation
Notes to the Financial Statements
for the year ended 31st March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations | 2021 £ 273,704 |
2020 |
|---|---|---|
| £ | ||
| 185,080 |
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued
for the year ended 31st March 2021
2. DONATIONS AND LEGACIES - continued
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| £ | £ | £ | |
| General funds | 7,935 | - | 6,935 |
| Small grants fund; | - | ||
| Apprenticeship Fund | 135,000 | 135,000 | |
| High Cost Courses Fund | 50,000 | 50,000 | |
| Small Grants Fund | 60,000 | 60,000 | |
| Charitable funds: | |||
| Sunshine House | - | 1,191 | 1,191 |
| Macmillan Cancer Relief | - | 10,628 | 10,628 |
| East Riding Macmillan Nursing Team Fund Driffield | - | 3,157 | 3,157 |
| North District Nurses | - | 200 | 200 |
| Bridlington Community Nurses | - | 800 | 800 |
| Rossmore Residents Fund | - | 1,266 | 1,266 |
| Podiatry | - | 100 | 100 |
| Evolve | - | 200 | 200 |
| Life After Stroke | - | 2,500 | 2,500 |
| Withernsea Hospitals | - | 500 | 500 |
| West Hull District Nurses | - | 227 | 227 |
| 7,935 | 265,769 | 273,704 | |
| 3. | INVESTMENT INCOME | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Deposit account interest | 355 | 1,589 | |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 7,805 Investment income 1,589 Total 9,394 EXPENDITURE ON Raising funds 770 |
Restricted fund £ 177,275 - 177,275 - |
Total funds £ 185,080 |
|---|---|---|
| 1,589 | ||
| 186,669 | ||
| 770 |
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued
for the year ended 31st March 2021
| 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund fund £ £ Charitable activities Grants payable 64,112 - Other 3,345 12,453 Total 68,227 12,453 NET INCOME/(EXPENDITURE) (58,833) 164,822 RECONCILIATION OF FUNDS Total funds brought forward 91,474 109,640 TOTAL FUNDS CARRIED FORWARD 32,641 274,462 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Trade debtors - Amounts owed by group undertakings 216,145 216,145 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Trade creditors 52,919 Accruals and deferred income 860 53,779 8. MOVEMENT IN FUNDS Net movement At 1/4/20 in funds £ £ Unrestricted funds General fund 32,641 (2,457) Restricted funds Restricted fund 274,462 224,389 TOTAL FUNDS 307,103 221,932 |
|||
|---|---|---|---|
| Total funds £ |
|||
| 64,112 | |||
| 15,798 | |||
| 80,680 | |||
| 105,989 | |||
| 201,114 | |||
| 307,103 | |||
| 2020 £ |
|||
| 1,252 | |||
| 120,000 | |||
| 121,252 | |||
| 2020 £ |
|||
| 107,591 | |||
| 1,546 109,137 |
|||
| At 31/3/21 £ 30,184 498,851 529,035 |
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued for the year ended 31st March 2021
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 8,290 Restricted funds Restricted fund 265,769 TOTAL FUNDS 274,059 Comparatives for movement in funds At 1/4/19 £ Unrestricted funds General fund 91,474 Restricted funds Restricted fund 109,640 TOTAL FUNDS 201,114 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 9,394 Restricted funds Restricted fund 177,275 TOTAL FUNDS 186,669 |
Resources Movement expended in funds £ £ (10,747) (2,457) (41,380) 224,389 (52,127) 221,932 Net movement At in funds 31/3/20 £ £ (58,833) 32,641 164,822 274,462 105,989 307,103 Resources Movement expended in funds £ £ (68,227) (58,833) (12,453) 164,822 (80,680) 105,989 |
|---|---|
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued for the year ended 31st March 2021
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
At 1/4/19 £ 91,474 109,640 201,114 |
Net movement in funds £ (61,290) 389,211 327,921 |
At 31/3/21 £ 30,184 498,851 |
|---|---|---|---|
| 529,035 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 17,684 443,044 460,728 |
Resources Movemen expended in funds £ £ (78,974) (61,290 (53,833) 389,211 (132,807) 327,921 |
Resources Movemen expended in funds £ £ (78,974) (61,290 (53,833) 389,211 (132,807) 327,921 |
|---|---|---|---|
| 327,921 |
9. RELATED PARTY DISCLOSURES
The sole member of the Foundation is City Health Care Partnership CIC a company registered in England and Wales (Reg No; 06273905).
During the year the Foundation received £246,000 (2019: £120,000) in donations from City Health Care Partnership CIC. At the year end £216,145 (2020: £120,000) was owing from City Health Care Partnership CIC and £51,796 (2020: £106,824) was owing to City Health Care Partnership CIC.
10. ULTIMATE CONTROLLING PARTY
In the opinion of the Trustees, no one person controlled the charity during the period.
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City Health Care Partnership Foundation
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Bad debts Charitable activities Grants to institutions Other Printing and stationery Advertising and sundries Equipment hire and repairs Support costs Management Bank interest and charges Governance costs Accountancy and legal fees Total resources expended Net income |
Detailed Statement of Financial Activities for the year ended 31st March 2021 |
2021 £ 273,704 355 274,059 1,252 32,629 583 12,476 2,292 15,351 55 2,840 52,127 221,932 |
|
|---|---|---|---|
| 2020 £ 185,080 1,589 |
|||
| 186,669 - 64,112 318 14,209 1,271 |
|||
| 15,798 50 720 |
|||
| 80,680 | |||
| 105,989 | |||
This page does not form part of the statutory financial statements
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