Company registration nuMr.. 08407721 Charity. registration number. 1159968 Healthwatch Nottingham and Nottinghamshire Limited (A company limited by guarantee) Annual Report and Financial Statement5 for the Year Ended 31 March 2024 Comn)unily ALcounling Plus Uniis l & 2 North West 41 TalLx)i Street Noitingham NGI 5GL
Healthwatch Nottingham and Nottinghamshire Limited Contents Reference and Administrative Details Truste¢s' Report 2to5 Independent EXamineS Report Statement of Fii)ancial Activities 7t08 Balance Sheet Notes to the Financial Ststements Ioto 18
Healthwatch Nottingham and Nottinghamshire Limited Reference and Administrative Details Trustee5 Sarah Collis. Chair Susan Tribe Deborah Wilson Karla Capstick David Brennan Obai Kurd Ali Senior Managtment Team Fiona Dawson, Interim Head of Operations Kinsi Clarke, Head of Community Engagement and Projects Sabrina Taylor Hall, Interiin CEO Charity Registration Number 1159968 Company Registration Nurnber 08407721 Registered Ole¢ Unit l Byron Business Centre Duke Streei Hucknall Nottingham NG15 7HP Independenl Examiner John O'Brien, employee of Community Accounting Pliis Unit5 1 & 2 North West 41 Talbot Street Nottinghain NGI 5GL Page I
Healthwatch Nottingham and Nottinghamshire Limited Trustees, Report The trustees, who are diieLtors tor the purposes of coinpany law. present the annual report togetl)er with the tinancial statements and auditors, report ot'tl)e charitable Lompany for the Ye ended 31 Maich 2024. Truste¢5 and officers The trustees and officers serving during the year and since the year end were as folloivs.. Trustees.. Sarah Collis, Chair Susan Tribe Deborah Wilson Karla Capsiick David Breiinat] Cath Cameron-Jones (resigned 21 May 2024} Obai Kurd Ali Sarah Hewitt (resigned 18 August 2023) Structure, gov¢rnance and management ulure ofgovernimg d(>eument The charity is a Lompany limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 18 February 2013 and most iecently amended 29 April 2019. It has no share capiial and the liability of each member in ihe event of winding-up is limited w £1. Recruilmenl and uppoinlmenl of iruslees Open recruitment with interviem's against a job description and person specification. All posts are advertised on oiir websit¢ and di%tributed through our extensive network. BoaTd n)embers Tnay also be co-opted at other tiines to fill any unplanned vacancies or gaps in skills amongst the ineinbership. New Board Inembers will generally be formally appointed at the Company's AGM which tskes place during the autiimn each year. Each new Board member will be siibject to a six month reviem. with the Chair of the Board to reviem. progress both from the perspective of the individual Board member and the Chair. Objef tives and activities Objects onduims The objects of the Charit} are the advaiicement of health and the relief of those in need by reason of youth, age, ill-health. disability or finai)cial l)ardship for the benefit of the entire population of the City of Nottingham and the County of Nottinghamsl)ire and elsewhere by.. l. Makiiig the views and experiences of Inembers of the general public known to health and social care providers- 2. Enabling local people to have a voice in the development. delivery and equality of access to local health and social care services and faciliiies", 3. The promotion of high siandards by healih and social care providers.. 4. Providing training and the development of skills for volunteers and the wider community in understanding. scrutinizing, reviewing and moniioring local healih and social care services and facilities. Page 2
Healthwatch Nottingham and Nottinghamshire Limited Trustees, Report SHmmary vfihe muin activities * Promoting and supporting the involvement of local people in the eommissioning, the provision and scrutiny of local health and social care services., Enabling local people to monitor the standard of provision of local health and social car¢ s¢rvi¢es and whether and how lacal health and social care services could and ought ti) be improved: Obtainin£ the vie5 of local people regarding their needs for, and experience5 of, local health and social car¢ services and importantly to make these views known and sharing these with CQC on request; Making reports and recommendations about how local health and social care services could or ought to be improved. These are directed to cominissioners and providers of care services, and people responsible for managing and scrutinising local health and social care services and shared with Healthwatch England; Providing advice and information about access to local health and social care services so choices can be Inade about local health and social care services,. Fonnulatin¥ views on the standard of provision and il'hether and how the local health and Social care services could and ou(Tht to be iinproved., and sharing these views ivith Healthwatch EngFland., Making recommendations to HealthwatLh England to advise the Care Quality Coinmission to tondiict gpecial reviei*s 01 investigdtions lor. where tht circuinstances.justify doing so, making such iecominei)dations diiect to tl)e CQC).. and io tnake recommendation5 to Healthwatch En¥land to publish reports about pdrticular issues., Providing Healthwatch with the ii)telligen¢e and insight it needs to enable it to perftsrni effectively. Objeclivg5, slratggies activities Our role is split into three different areas.. Scrutiny To hold local health and care cominissioi)ets ai)d providers to account for listenii)g to the public, as well as providin¥ exLelleiit care, 5igiip05tin¥ and total tra115parei)cy. An exaTnple of thi5 IS that we sit on the local authority Ilealth and Wellbeing Board5 and Health Scrutiny Boards as well a5 Other NHS system strategic groups where we challeiige when the voice of the citizen and patient is not being considered. Making a difference To collect & provide insight into patients & communities, making recommendations to improve services for the public, patients and service users. Holding commissioners and providers to accouni for delivering these recommendations. An example of this is our reports surveying people's experiences of getting a GP appointment. We made recommendaiions to local commissioners and followed them up. To work in partnership Across local, regional and national network5 of Healthwatch and the CQC to ensure big issueslopportunities are acted upon & best practice is shared, whilst ensuring that our independence is mgintained. An example of this is our report on people's experiences of NHS dentistry h]ch we shared with Healthwatch England. Healthwatch England used our report amongst the reports of other local Healthwatch to bring evidence for the need to change to national policy makers, resulting in some positive actions. In 2023124 600 p¢ople shared their experiences of h¢alth and care '1th us and 498 people came to us for advi¢e and iiifotrynatioii. Thi5 helped us to raise aH.arene5s of is5ue5 and improve care, such as niental health and the C05t of living crisis. We published i report5 about the improvements people would like to see iii health and care services. Page 3
Healthwatch Nottingham and Nottinghamshire Limited Trustees, Report Publi¢ bertefii Enabling local people to have a vtsice in the development. delivery and equality tsf access to local health and social care services and facilities,. the promotion of high standards by health and social care providers.. providing training and the development of skills for volunieers and Ihe wider community in undersianding. scrutinizing. reviewing and monitoring local health and care services and facilities. The tStee5 Confirm that they have coinplied M'ith the requiretnent% of sertion 17 af the Charitie% Act 2011 to have due regard to Ihe public benefit guidance published by the Charity Commission for England and Wales. Financial rei'iew Our financial position is Stable. A deficit budget wa5 agreed by the board which increased by £29k from the agTreed amoLlllt. This wa5 identified a5 a risk by the board. Polley reserves Our Unreslrlcd Funds are divided between a) a designaied fund ivhich are priinarily to provide fuiure support to the organisation in ensuring the full operational costs are covered for a minimum of 3 months should all income sources cease b} Funds which may arise from year to year and which are applied to cover any unforeseen dips in income io ensure susiainability in the year and cl to invest in service developmeni or infrastructure renewals such as If updates and equipment. The Healthwatch Nottingham and NOttInaM$hlre Board reviews its policy on reserves annually in conjunction with annual budg¢t gpproval. Page 4
Healthwatch Nottingham and Nottinghamshire Limited Trustees, Report Statement of Responsibilities The trustees (who are also the directOTS of Healthivatch Nottin¥ham and Nottin¥ham5hire Limited for the PUTP05es of company laH.) ale responsible for preparing the trustees, report and the financial statements i accordance with applicable law and United Kin¥dom Accounting Standard5 (United Kiii¥dom Generally Accepted Accounting Practice). includin¥ FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The report and accoiints have been prepared in accordance with the provisions in the Compaiiies Act 2006 relatingF to sinall COTnpanies. Company law requires the trustees io prepare financial statements for each financial year. Under company law the trustees must not approve the financial statemenis unless they are satisfied that they give a true and fair view of the slate of affairs of the chariiable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial ststements, th¢ trnst¢es are required to.. select 5Ujtable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent., state whether applicable accountlllg 5taiidards. comprising FRS 102 have beeli followed, subject to any Inaterial departure5 disclosed and explained in the financial statements.. and prepare the financial statements L)n the going CL)ncern basis unless li is inappropriate to presume that the charitable company will continue in business. The trnstees are responsible for keepiiig proper accounting records that can disclose with reasonable accuracy at an}. time the financial positioii of the charitable coinpan), and enable them to ensure that the financial statements comply with the Compaiiie5 Act 2006. They are also responsible for safeguarding the assets of the charitable company and heiice for taking reasonable steps for the preventioii and detection of fraud aiid other itTe&Tularities. The trustees are respoiisible for the maintenai)ce and integrity of the corporate and financial iiiformation ii)cluded 01) (he charitable company's website. Legislation goveming the prepardtion and dissemination of financial statements may differ from legislaiion in otherjurisdictions. Small companie5 provision staternent This report has been prepared in accordance with ihe small companies regime under the Companies Act 2006. The ai)nual report was approved by the trustees of the charity on 271Q.912Q2.4and signed on its behalf by.. Sarah Collis Trustee Page 5
Healthwatch Nottingham and Nottinghamshire Limited Independent Examiner's Report to the trustees of Healthwateh Nottingham and LNottinghamshire Limited ('the Company,) Independent examiTher's report to the tru5tee5 of Healthwatch Nottingha and NottiThghatnshire LilIed ('thc Cufftpan) } I report to ihe charity trustees on my examination of ihe accounts of ihe company for the year ended 31 March 2024. Respnnsibilities and basis of report As ihe charily's trusiees 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 ?006 ('the ?006 Act'}. Having satisfied myself that the accounts of the Company are not required to be audiied under Part l O of the 2006 Act and are eligible for independent examination. I report in respect of m), 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(51(b) of the 2011 Aci. Independent examiner's statement since the Company's gross incoine exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I cnnfirni that l am qualified to undertake the examination because l am a member and Fellow of the Association of Charity Indepcndent Examiner%, which is one i)f the listed bodies. I have coinpleted my examination. I confilln that no matters have come to Tny attention in connection with the examinatioji giving me cause to believe that in any material respect.. accouniing records were not kepi in respect of the Company as required by section 386 of the ?006 Aci., or 2. the accounis do not accord with Ihose records; or the accounts do not coinply with the accounting requirements of sectioii 396 of the 2006 Act other than any requirement that the accounts give a 'tTUe and faiT' view which 15 not a matter considered as part of an independent examination., or 4. the accounts have noi been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come acros5 JIO other Tnatters iii connection with the examination to which attention should be drawn in this report in order to eiiable a proper understanding of the accounts to be reached. John O'Brien MSC, FAIA, FCCA, FCIE. employee of Community Accounting Plus Fellow of the A$Slation of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Noitingham NGI 5GL Date= 0411012024 Page 6
Healthwatch Nottingham and Nottinghamshire Limited Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} Unrestrieted fundg Total 2024 Total 2023 Note Income and Endowrnents from: Donations and legacies Charitable activities Investment income 4iO 323,684 i,960 430 j?3,684 3,960 2.857 362,314 1,709 Total income 328,074 328,074 366,880 Expenditure on: Charitable activities (367,363) (367.363) (380,379) Totsl expendiiure (367,363) (367,363) (380,379) Net expenditure 139,289} lJ9,2891 {13.499) Net movement in funds (39,289) 139,?89) {13,499) Reconciliation of funds Totsl funds broughi fonvard 327,305 327,305 340,804 Total funds carried fonward 288,016 ?88,016 327,J05 All of the charity's activities derive from continuing operations dllrin¥ the above two periods. The notes on pages 10 to 18 fL)rn) an integral part of these financial siatements. Page 7
Healthwatch Nottingham and Nottinghamshire Limited Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} These are the figures for the preTrious accounting period and are included for comparative purposes Unrestricted funds Total 2023 Note Ineome and Endowments from. Donations and legacies Charitable aciiviiies Investment income 2.857 i62,314 1,709 2.857 362,314 1,709 Totsl income 366,880 366,880 Expenditure on: Charitable activities (380.379) (380.379) Total expenditure (380.379) (380.379) Net expenditure 113,4991 113,499) Net movement in funds 113,499) {13.499) Re¢on¢iliation of funds Total funds brought fonvard 340,804 340,804 Total funds carried forward i27,305 327.i05 The notes on pages 10 to 18 fL)rn) an integral part of these financial siatements. Page 8
Healthwatch Nottingham and Nottinghamshire Limited {Registration number: 08407721) Balance Sheet as at 31 March 2024 2024 2023 Nute Current a55ets Debtors Cgsh at bank and in hand 31.248 266,267 51.050 284,997 12 297,515 335.i47 Creditors: Amounts falling due within one year (9.499 {8.042 Net assets 288,016 327,3115 Funds of the charity: Unrestricted income fund5 Unrestricted fLinds 288,016 3?7,305 Totgl funds 288,016 327,305 For the financial year ending 31 March 2024 ihe charity was entitled to exemption from audii under section 477 of the Companies Art 2006 relating to small companies. Directors, re5ponsibilities'. The members have nor required the charity to obtain an audit of its accounts for the year in question in accordance wilh seciion 476., and The directors acknowledge their responsibilities for complying wilh the requirements of the Act with respect to accounting records and the preparation L)f accounts. These financial statetneiits have been prepared iii accordance with the special provisions relating to compaiiies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statements 011 pages 7 to 18 were approved by the trustees, and authorised for issue on 27.10912024 and sigt]ed on their behalf by.. Sarah Colli5 Trustee The notes on pages 10 to 18 fL)rn) an integral part of these financial siatements. Page 9
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 l Accounting polieies Summary of signifieant aecounting polieies and kev aeeounting estimates 'I'hc principal accounting policics applicd in the preparation of thesc financial statements are 5¢t out below. These policies have been ¢on51St¢ntly applied to all the years present¢d, llnl¢ss otherwis¢ stated. Statement of complianee The financial stateinents have been prepared in accordance with 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)) (i5511ed iii October 2019) (Charitie5 SORP (FRS 10?)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Htalthivatch Ntsttin¥ham and Ntsttinghamshire Limited meets tl)e defii)ition of a public benefit entity undei FRS 102. Assets and liabilities are initially re¢o¥nised at historical ¢051 or tran5actioi) value unless otherwise stated in tl)e relevaiit dcLountin¥ policy notes. Going £on£ern The finanLial statements have been prepared on a going concern basis. The trustees assess whether Ihe use of going concern is appropriate i.e. whether there are any maierial uncertainties related to events or condiiions that may cast significant doubt on the ability of the chariiy to Clintinue as a going concem. The trustees make this assessment in respect of a period of one year from the date of approval of the financial siatements. Exemption from preparing a eash flow statement Under the exemption available to smaller chgrities Ihe Board of Trustees has chosen not to include a Statement of Cash Flows within the financial staiemenis. Ineome and endowments Voluntary income including donations, gifts, legacies and granis that provide core funding or are of a general nature is recognised when the charity. has entitlemeni to the income, it is probable that ihe income will be received and the amoiiiit can be measured with sufficient reliability. Grdrtts reeelvable Grants are recognised whei) the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfomiai)Le conditions are attached to the grant and ale >'et to be met. the ii)come is retognised as a liability and included on the balance sheet as defetred income to be released. Page 10
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 Expenditure All expenditure is recogni5ed once there is a le¥al or constTUCtive obli¥ation to that expenditure, it is probable settlement 15 required and the amount can be measured reliably. All cost5 are allocated to the applicable expenditure headin¥ that aggregate 5iinilar cost5 to that categwory. Where cost5 cannot be directly attributed to particular headings they have been allocated on a basi5 consistent with the use of resources, with central staff Costs allocated on the basi5 of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based 011 the spread of staff costs. Churilable dctivilies Charitable expenditure CL)mprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nare necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph l 8chedul¢ 6 of the Fingnce Art 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respeci of income or capital gains received within categories covered by Chapter 3 Part 1 l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain5 Act 1992, to the extent that such income or gains are applied exclusively to charitsble putposes. Tangible fixed assets Individual fixed assets costing £500 or more are initiallv recorded at cost, less any subseqiient accumulated depreciation and subsequent accumulated impaim)ent losses. Depreeiation and amortisation Depreciation is provided on tan(Tible fixed assets so as to write off the cost or valuation, less any estimated residual value. over their expecied usetul economic life as follows.. Asset class Compiiter equipment Fixtiires & fittings Depreciation method and rate 33.3Q/o Strai(Tht line IOO/o StraIt line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised c05t Using the effective iiiterest method. les5 prov15ioii for impairtneiit. A provision for the ]mpaire1]t of trade debtors is established wheii theTe is objective evidence that the charity will Jiot be able to collect all amounts due according to the original tenns of the receivables. Cash and cash equivalents Cash and cash equivalent5 coniprise cash oil hand and call deposit5. and other short-temi highly liquid ii)vestmei)ts that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Pagell
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 Trade creditors Trade creditor5 are obli¥ations to pay for goods or services that have been acquired in the ordinary course of bu5iiies5 from suppliers. Accounts payable are classified as current liabilities if the charity does not hal'e a unconditional right, at the end of the reporting perio to defer settlement of the creditor for at least twelve nionth5 after the reportin¥ date. If there is an unconditional ri¥ht to defer 5ettleinent for at least twelve moiith5 after the reporting date, they are presented as non-CiitTent liabilities. Trade creditois are recognised initially at the transactioi) price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricied income funds are general funds ihai are available for use ai the trustees, discretion in furtherance of the objeeiives of the chariry. Pension5 and other p05t retirernent obligations The charity operates a defined contribution pension scheme for ihe employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during ihe year. Page 12
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 2 Income from donations and legacies Unrestricted funds General Total 2024 Total 2023 Grants. it]cluding capital grants; Grants from companies 430 430 2,857 4iO 4iO 2.857 3 Ineome from eharitable Aetivities Unrestricted Total 2024 Total 2023 £ (As reslaled) 56,314 306,000 General Contracts Governmenr contracts 17,684 306,000 17,684 306,000 323,684 i23,684 362,314 4 Investment ineome Unrestrieted funds General Total 2024 Total 2023 Interest receivable and similar income: Interest receivable on bank deposits 3,960 3.960 1,709 5 Grant5 & donations Unrestrieted funds Total Sundry grants & dojiations 4iO 430 430 430 Page 13
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 6 Expenditure on charitable activities Unrestricted funds General Total 2024 Total 2023 Lease 10.oio 10.030 10.030 Depreciation Board expenses Equipment, repairs & renewals Events & activities Legal & professional IT softivare PrintingF & stationery Insurance Staff support costs Publications & subscriptions Rates Telephoi)e & postsge Refresliments 751 751 660 294 294 573 7,808 7,808 13,570 11,837 10,691 1.827 i.401 4,486 656 416 9.782 1.000 3.715 5,330 9.782 1.000 i.715 5,330 445 1,422 445 1,422 351 Publicity & website Volunteer expenses Wages, Nl & pensions 146 29i 146 293 492 312,229 2,070 409 299 60 37 312,229 2,070 409 299 60 318,828 1,045 Confidential waste Bank charges Sundry Office supplies 184 367,363 367,363 380,379 Page 14
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 7 Staff costs The aggregate payroll costs were a5 follows.. 2024 2023 Staff cost5 during the year were: WagFes and salaries So¢ial security costs Pension costs 279.750 18.554 13,925 287.860 18.950 312,229 318,828 The monthly average number of persons {including senior management team) employed by the charity during the year wa5 as follows.. 2024 2023 Average number of of emplovees during the year was 12 9 (2023 - 91 of the aLx)ve employees participated in the Defined ContributiL)n Pension Schemes. Contributions to the employee pension schemes for the year totalled £13,925 (2023 - £12,018). No employee received emoluTnent5 of more thali £60,000 durin¥ the year. Th¢ iotsl employee benefits of the key management personnel of Ihe charity were £103,06412023 - £135,253). 8 Trustees rernuneratioll and expenses During the year the charity made the following transactions with tru5tees'. Sarah Collis Sarah Collis received remuneration of £12,401 (202i.' £9,691) and £Nil (202i.' £547) of travel expenses were reinibur5ed to Sarah Collis diiriiig the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 9 Fees payable to independent examiner During the period, the fees payable (excluding VATI to the charity's independent examiner Community Accounting Plus are analysed as follo'S.. 2024 2023 Independent examination Other financial services 1.570 2.088 1,495 2.462 3,658 3,957 Page 15
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 10 Taxation No tax was char¥ed in the year (2023 - £001. I l Debtor5 2024 2023 Trade debtor5 27.4iO 3,818 27.000 24,050 Prepayments 31,248 51,050 12 Cash and cash eqllivalents 2024 2023 Cash on hand Cash at bank 52 266,215 284.182 266,267 284,997 13 Creditors: amounts falling due '1th1n one year 2024 2023 Trade creditors Tax &. Social security Other creditors 167 217 5.350 3,982 4.271 ?,554 9.499 8.042 14 Obligat10115 under leases and hire purchase ¢ontra¢t5 Operating lease commitments Total future iniiiimuin lease payments under non-cancellable operating leases are as follows.. 2024 2023 Land and building5 Within one year 1,688 1,683 Other Within one year Between one and five years 930 3,255 132 4,185 132 Page 16
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 15 Charity status The charity 15 a company limited by guaraiitee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets ol. the charity in the eveni of liquidation. 16 Related party tran5a¢t10115 There were no related party transactions in the year. 17 Funds Balance at 31 March 2024 Bglance at I April 2023 Incoming resources Resources expended Transfers Unrestricted funds Generul General fund 327,305 328,074 1367,363) {155,000) 133,016 Deslgiiuied Reserves ITllnfrastnJcture Business Support]Development Community Microgrants 120.000 15.000 120,000 15,000 10.000 10,000 10,000 10,000 155.000 155,000 Total fund5 i27,305 328,074 {367,363) 288,016 Balance al April 2022 Incon]ing resources Resources expended Balance at 31 March 2023 Unrestricted funds Geiterul General fund 340,804 366,880 (380.379) 327,305 Page 17
Healthwatch Nottingham and Nottinghamshire Limited Iyotes to the Financial Statements for the Year Ended 31 March 2024 18 Analysis of net assets between funds Unrestricted 2024 Total fund5 General Designated Current assets Current liabilities 142,515 (9,4991 155,000 297,515 (9,499) Total net assets 133,016 155,000 288,016 Unrestricted 2023 Total funds General Current assets Cuffent liabilities 335,347 (8,042) 335,347 (8,042) Total net assets i27,305 327,305 Page 18