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 2024
for
City Health Care Partnership Foundation
Sadofskys 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 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
City Health Care Partnership Foundation (Registered number: 08242250)
Report of the Trustees for the year ended 31st March 2024
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 2024. 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
CHCP 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 the business operates.
This financial year the board of trustees has again made numerous awards in small grants and staff sponsorship, in response to funding bids from qualifying groups and organisations.
The Foundation continues to have a strong financial base to perform the function that is required 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.
FUTURE PLANS
The Trustees of the Foundation will continue to implement its workplan in relation to supporting local communities and monitoring the restricted funds budgets. They will seek to build upon the increasing levels of awareness of the work the Foundation performs.
Individual case stories will continue to be published on the website to provide examples of the type of groups and organisations we aim to support.
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.
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City Health Care Partnership Foundation (Registered number: 08242250)
Report of the Trustees for the year ended 31st March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT 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
G M Hill R A Scarr L M Flower N S Cartwright R Tunnicliffe (resigned 22/9/24) D E A Orr T A Hearfield (appointed 19/3/24)
Independent Examiner
Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX
Bankers
Lloyds Bank Plc 1 Lovell Park Road Leeds LS1 1NS
Approved by order of the board of trustees on 5th November 2024 and signed on its behalf by:
R A Scarr - Trustee
Page 2
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 2024.
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 member of the Institute of Chartered Accountants in England and Wales, 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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 ACA
Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX
5th November 2024
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City Health Care Partnership Foundation
Statement of Financial Activities for the year ended 31st March 2024
| 2024 Unrestricted Restricted Total fund fund funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 14,939 370,216 385,155 Investment income 3 20,387 - 20,387 Total 35,326 370,216 405,542 EXPENDITURE ON Charitable activities Grants payable 7,660 86,343 94,003 Other 1,607 42,063 43,670 Total 9,267 128,406 137,673 NET INCOME/(EXPENDITURE) 26,059 241,810 267,869 RECONCILIATION OF FUNDS Total funds brought forward 29,348 609,252 638,600 TOTAL FUNDS CARRIED FORWARD 55,407 851,062 906,469 |
2023 Total funds £ 68,437 - 68,437 178,980 12,251 191,231 (122,794) 761,394 638,600 |
|---|---|
The notes form part of these financial statements
Page 4
City Health Care Partnership Foundation (Registered number: 08242250)
Balance Sheet
31st March 2024
| Notes CURRENT ASSETS Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ - 57,446 57,446 (2,039) 55,407 55,407 55,407 |
Restricted fund £ 100,000 854,398 954,398 (103,336) 851,062 851,062 851,062 |
2024 Total funds £ 100,000 911,844 1,011,844 (105,375) 906,469 906,469 906,469 55,407 851,062 906,469 |
2023 Total funds £ 30,000 643,373 673,373 (34,773) 638,600 638,600 638,600 29,348 609,252 638,600 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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
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(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 5th November 2024 and were signed on its behalf by:
G M Hill - Trustee
The notes form part of these financial statements
Page 5
City Health Care Partnership Foundation
Notes to the Financial Statements
for the year ended 31st March 2024
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 AND LEGACIES | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Donations | 385,155 | 68,437 |
Page 6
continued...
City Health Care Partnership Foundation
Notes to the Financial Statements - continued for the year ended 31st March 2024
2. DONATIONS AND LEGACIES - continued
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| £ | £ | £ | |
| General Funds | 14,939 | - | 14,939 |
| Small Grants Fund | - | 50,000 | 50,000 |
| Charitable Funds; | |||
| Sunshine House | - | 1,766 | 1,766 |
| Macmillan Cancer Relief | - | 4,704 | 4,704 |
| East Riding Macmillan Nursing Team Fund Driffield | - | 8,261 | 8,261 |
| Stroke Unit East Riding Community Hospital | - | 658 | 658 |
| East District Nurses | - | 1,000 | 1,000 |
| North District Nurses | - | 733 | 733 |
| Small Grants Fund | - | 50,160 | 50,160 |
| Rossmore Residents Fund | - | 1,700 | 1,700 |
| Jean Bishop ICC | - | 251,134 | 251,134 |
| Holy Name/ Integrated Care Centre | - | 100 | 100 |
| 14,939 | 370,216 | 385,155 | |
3. INVESTMENT INCOME
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Deposit account interest | 20,387 | - |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 7,149 EXPENDITURE ON Charitable activities Grants payable 190 Other 2,941 Total 3,131 NET INCOME/(EXPENDITURE) 4,018 |
Restricted fund £ 61,288 178,790 9,310 188,100 (126,812) |
Total funds £ 68,437 |
|---|---|---|
| 178,980 12,251 |
||
| 191,231 | ||
| (122,794) |
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued
for the year ended 31st March 2024
| 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total fund fund funds £ £ £ RECONCILIATION OF FUNDS Total funds brought forward 25,330 736,064 761,394 TOTAL FUNDS CARRIED FORWARD 29,348 609,252 638,600 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 £ £ Amounts owed by group undertakings 100,000 30,000 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 £ £ Trade creditors 103,360 23,459 Accruals and deferred income 2,015 11,314 105,375 34,773 8. MOVEMENT IN FUNDS Net movement At At 1/4/23 in funds 31/3/24 £ £ £ Unrestricted funds General fund 29,348 26,059 55,407 Restricted funds Restricted fund 609,252 241,810 851,062 TOTAL FUNDS 638,600 267,869 906,469 Net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds £ £ £ Unrestricted funds General fund 35,326 (9,267) 26,059 Restricted funds Restricted fund 370,216 (128,406) 241,810 TOTAL FUNDS 405,542 (137,673) 267,869 |
Total funds £ 761,394 |
|
|---|---|---|
| 638,600 | ||
continued...
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City Health Care Partnership Foundation
Notes to the Financial Statements - continued for the year ended 31st March 2024
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1/4/22 £ Unrestricted funds General fund 25,330 Restricted funds Restricted fund 736,064 TOTAL FUNDS 761,394 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 7,149 Restricted funds Restricted fund 61,288 TOTAL FUNDS 68,437 A current year 12 months and prior year 12 months combined position is as follows: At 1/4/22 £ Unrestricted funds General fund 25,330 Restricted funds Restricted fund 736,064 TOTAL FUNDS 761,394 |
Net movement At in funds 31/3/23 £ £ 4,018 29,348 (126,812) 609,252 (122,794) 638,600 Resources Movement expended in funds £ £ (3,131) 4,018 (188,100) (126,812) (191,231) (122,794) Net movement At in funds 31/3/24 £ £ 30,077 55,407 114,998 851,062 145,075 906,469 |
|---|---|
continued...
Page 9
City Health Care Partnership Foundation
Notes to the Financial Statements - continued for the year ended 31st March 2024
8. MOVEMENT IN FUNDS - continued
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 £ 42,475 431,504 473,979 |
Resources Movement expended in funds £ £ (12,398) 30,077 (316,506) 114,998 (328,904) 145,075 |
|---|---|---|
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 £100,000 (2023: £30,000) in donations from City Health Care Partnership CIC. At the year end £100,000 (2023: £30,000) was owing from City Health Care Partnership CIC and £103,336 (2023: £23,376) 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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