2023-03-31-accounts - Alder Hey Children's Charity

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		Nate	Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Total Funds
			Funds	Funds	Yearfnded	Funds	Funds	Year Ended
			f'000	f'000	31March	f'000	f'000	31March
					2023			2022
					f'000			f'000
Income
Donations and			2,685	2,772	5,457	2,128	2,264	4,392
legacies
Income fram		4	1,680	157	1,837	1,326	90	1,416
charitable activities
Income from other			792		792	722		722
trading activities
Investment income		3	198		198	103		103
Total income			5,355	2,929	8,284	4,279	2,354	6,633
Expenditure
Cost of raising			1,873		1,873	1,722		1,722
funds
Expenditure on		6	3,667	2,507	6,174	3,749	2,199	5,948
charitable activities
Total expenditure			5,540	2,507	8,047	5,471	2,199	7,670
Realised and			(235)		(235)	252		252
unrealised gain/
(loss) an
investments
Net income /			(420)	422	2	(940)	155	(785)
(expenditure)
Net movement	on		(420)	422	2	(940)	155	(785)
funds
Total funds			4,694	3,054	7,748	5,634	2,899	8,533
brought forward
Total funds carried			4,274	3,476	7,750	4,694	3,054	7,748
forward

				Group	Charity	Group	Charity
			Note	2023	2023	2022	2022
				f'000	f'000	f'000	f'000
Fixed Assets
Tangible fixed assets				38		43
Investments				9,945	9,945	8,852	8,852
Total fixed assets				9,983	9,945	8,895	8,852
Current assets
Stock			10	36		36
Debtors			11	942	1,118	621	849
Cash at bank	and in	hand	12	1,470	1,296	2,959	2,779
Total current	assets			2,448	2,414	3,616	3,628
Liabilities
Creditors falling due		within one year	13	(4,681)	(4,609)	(4,763)	(4,732)
Net current	assets /	(liabilities)		(2,233)	(2,195)	(1,147)	(1,104)
Total assets	less current liabilities			7,750	7,750	7,748	7,748
Creditors: Amounts		falling due after
more than one year			23
Net assets				7,750	7,750	7,748	7,748
Funds
Unrestricted	income	funds	14	4,274	4,274	4,694	4,694
Restricted income funds			14	3,476	3,476	3,054	3,054
Total funds				7,750	7,750	7,748	7,748

			Note	Year Ended	Year Ended	Year Ended	Year Ended
				31March 2023		31March 2022
				f000	EOOD	EOM	EOM
Cash flows from operating activities:
Net cash (used in) / provided by operating activities					(359)		1,622
Cash flows from investing activities:
Dividends and interest from investments			3	198		103
Payments to acquire tangible fixed assets			8			(20)
Payments to acquire investments / deposits			9	(3,233)		(1,454)
Receipts from sales ofinvestments/ withdrawals			9	1,905		682
Net cash provided by investing activities					(1,130)		(689)
Increase/(Decrease) in cash and cash equivalents					(1,489)		933
Cash and cash equivalents at the start ofthe		year			2,959		2,026
Cash and cash equivalents at the end ofthe		year			1,470		2,959
Reconciliation ofnet income tonet cash flow from operating				activities
Net income/(expenditure) forthe reporting		period (as per					PBS)
the Statement of Financial Activities)
Adjustments for:
Dividends and interest on investments					(198)		(103)
(Gains) / losses on investments					235		(252)
Depreciation					5		3
(Increase)/decrease in stock							(2)
(Increase)/decrease in debtors					(321)		(348)
Increase/(decrease) in creditors					(82)		3,109
Net cash provided/ (used in) by operating	activities				(359)		1,622
Analysis ofcash and cash equivalents
Bank current accounts					232		227
Bank deposit accounts					1,238		2,732
Total cash and cash equivalents					1,470		2,959

harity
					Year ended 31	Year ended 31.
					March 2023	March 2022
					f'000	f'000
Gross incoming		resources			7,936	6,287
Cost of raising funds					(1,524)	(1,376)
Cost ofcharitable			activities		(6,175)	(5,948)
Net (outgoing)/		incoming resources			237	(1,037)
Realised and unrealised				gains / (losses) on
investments					(235)	252
Total funds	brought forward				7,748	8,533
Total funds	carried forward				7,750	7,748
Represented by:
Restnicted	income		funds		3,476	3,054
Unrestricted	income funds				4,274	4,694
					7,750	7,748
ubsidiary
					Year ended 31	Year ended 31
					March 2023	March 2022
					f'000	f'OOO
Turnover					805	764
Operating costs					(349)	(346)
Operating	profit				456	418

		Year	Ended		Year Ended
	31	March	2023	31	March 2022
			fOOO		fOOO
Interest			93		28
Dividends			105		75
TOTAL			198		103

		Unrestricted	Restricted	Total Year	Unrestricted	Restricted	Total Year
		EOOD	EOOD	Ended 31	EOOD	EOOD	Ended 31
				March 2023			March 2022
				EOOD			EOOD
Donations and legacies:
Donations from individuals		513	775	1,288	867	513	1,380
Corporate donations		224	334	558	312	373	685
Danatians from groups	Ik	145	45	190	50	9	59
associations
Donations in mernoriarn		102	45	147	82	46	128
Grant income		38	1,452	1,490	77	1,322	1,399
Legacies		1,270	121	1,391	543	1	544
Gifts in kind		393		393	197		197
Total danations and legacies		2,685	2,772	5,457	2,128	2,264	4p392
Incame fram charitable
activities:
Fundraising events		920	157	1,077	659	90	749
Lottery		760		760	667		667
Total income ham charitable		1,680	157	1,837	1,326	90	1,416
activities
Income from other trading
activities:
Sale ofpromotional items		792		792	722		722
Total income from other		792		792	722		722
trading activities

		Year	Allocated to	Allocated	Year	Allocated to	Allocated
		Ended 31	Governance	to	Ended 31	Governance	to
		March 2023	K'000	Support	March 2022	000	sUpport
		Total		Casts	Total		costs
		E'000		E'000	E'ODO		E'000
Salaries		532	(138)	394	407	(128)	279
Bank and service charges		41		41	45
Investment	management	42		42	36		36
costs
Trust services		54		54	54		54
TOTAL		669	(138]	531	542	(128)	414

Area ofExpenditure	Area ofExpenditure		Support		Investment	Total
			Charges f'000	Governance f'000	Management f'000	f'000
Year Ended	31March 2023
Patient Welfare			489	138	42	669
Year Ended	31March 2022
Patient Welfare			378	128	36	542
						Year ended	Yearended
						31March	31March
Auditors' Remuneration						2023	2022
						E.'000	f'000
Auditors' remuneration		for				10	10
audit
Fees payable	to auditors
for non-audit	services

. Analysis of	Charitable Expen	Charitable Expen	diture
	Grant Funding		Support	Total Year to	Grant Funding to		Support	Total Year to
	to Alder Hey Children's NHS		Costs f000	31March 2023	Alder Hey Children's NH5		Costs f000	31March 2022
	Foundation			f000	Foundation	Trust		f000
	Trust	f000				f000
Area of
expenditure:
Magic (Patient		1,996	669	2,665		1,696	542	2,238
welfare &Other)
Research &		1,279		1,279		370		370
innovation
Equipment		105		105		340		340
Campus &		2,125		2,125		3,000		3,000
Community
Total		5,505	669	6,174		5,406	542	5,948

	Fundraising	Support	Governance	Total
	&Publicity f000	Costs f000	f000	f000
Year Ended 31March 2023
Salades and Wages		331	119	1,234
Social Security Costs	69	29	15	113
Other Pension Costs	19			32
Total Staff Costs	872	369	138	1,379
Average Number of
Emp!oyees	26			36
Year Ended 31March 2022
Salaries and Wages	585	251		947
Social Secudity Costs	54	21	13	88
Other Pension Costs	12			22
Total Staff Costs	651	279	127	1,057
Average Number of
Employees	20	8	2	30

		2023			2022
Group Cast	Leasehald	improvements f'000	Total f'OM	Leasehald	Impravements f'000	Total f'000
At1April 2022		50	50		30	30
Additions					20	20
At31March 2023		50	50		50	50
Depreciation
At 1April 2022
Charge forthe year
At 31March 2023		12	12
Net BookValue
At 31March 2023
At 31March 2022		43	43		26	26

		2023	2022
		f'OM	f'OM
Group
Investment	porffo!io	9945	8852
Charity
Investment	portfolio		8852

	2023	2022
	f'000	f'000
Market Value at 31March 2022	8,852	7,828
Additions atcost/deposits	3233	1,454
Disposals/withdrawals	i1,905)	(682)
itet (loss)/gain on revaluation	i235)	252
Market Value carded forward	9,945	8,852
Historic cost at31March 2023	9,113	7,683

						Held	Held	Held	Total at	Held	Held	Held	Total at
						in UK	Outside	UK	31March	in UK	Outside	UK	31March
						f000	f000		2023	f000	f000		2022
									EOOO				f000
UK Equities						1,317			1,317	1,443			1,443
Overseas Equities							1,666		1,666		1,873		1,873
Fixed	interest					772			772	527		53	580
Cash	held	as	part	of	investment	S,255			5,255	3,942			3,942
portfolio
Alternatives						935			935	1,014			1,014
Total						8,279	1,666		9,945	6,926	1,926		8,852

			2023 E	2022f
issued share capital
Turnover and other operating		income	805,382	764,387
Expenditure			348,517	346,245
Total Assets			606,810	468,854
Total Liabilities			606,372	468,415
Shareholders'	Funds		438	439

	2023	2023	2022	2022
	EOM	EOOO	f000	EOOO
	Group	Charity	Group	Charity
Recoverable TaxBAccrued income	454	972	587	678
Other Debtors	488	146	34	171
	942	1,118	621	849
There were no debtors falling due over one year.

ash h	eld by t	he G	roup / C	harity ca	n be summa Ri	se d as:
						2023	2023	2022	2022
						Group	Charity	Group	Charity
						EOM	f000	6000	6000
Bank	current	and	deposit	account	balances	1,470	L296	2,959	2,779
						1,470	1,296	2,959	2,779

Falling due within one year:	2023	2023	2022	2022
	Group	Charity	Group	Charity
	6000	EOM	6000	EMO
Amount owed to subsidiary
Taxation and social security costs	77	27	21	21
Amount owed to Alder Key NHS Trust (recharged)	124	124	82	82
Amount owed to Alder Hey NHS Trust (accrued grant)	4,354	4,354	4,474	4,474
Pension contributions due	9	9	12	12
Other creditors and accruals	117	95	174	143
	4,681	4,609	4,763	4,732

Year ended 31March 2023:	Year ended 31March 2023:	Year ended 31March 2023:	Year ended 31March 2023:	Year ended 31March 2023:
Restricted Funds- Charity and Group
				Balance
				et	Incoming	Resources	Gains	Balance
				1April	Resources	Expended	&	31March
				2022			Losses	2023
				f000	f000	EOOO	f000	EOOO
Fund
John Lennon Research			Fund	168		(12)		156
Neonatal	Capital	Fund		382	901	(978)		305
Projects Fund				808	1,067	(350)		1,525
Alder Centre Fund					10	(22)		47
Burns Unit Fund				61		(5)		61
Leukaemia	Research Fund			172				177
Intensive	Care Fund			121		(6)		117
Oncology	Fund			166	34	(137)		63
Cancer Patients		Fund		71	117			188
Neonatal	Fund			81	63	(4)
Neurology/	Neurodisabllity			113	48	(50)
Cardiac Surgery		Fund		178				178
Others				674	677	(943)		408
Total				3,054	2,929	(2,507)		3,476

Unrestri	cte	d	Funds- Group	Funds- Group
			Balance at		incoming	Resources	Gains	Transfers	Balance
			31	March	Resources	Expended	&	f000	31March
				2022	f000	f000	Losses		2023
				f000			EOOO		f000
Alder Hey		General		3,694	5,355	(4,540)	(235)		4,274
Purpose	Fund
Neonatal	Capital			1,000		(1,000)
Designated		Fund
Total				4,694	5,355	(9,540)	(235)		4&274
Unrestricted			Funds - Charity
			Balance at		Incoming	Resources	Gains &	Transfers	Balance
			31	March 2022	Resources f000	Expended f000	Losses f000	f000	at 31 March
				f000					2023
									f000
Alder Hey		General		3,694	5,007	(4,192)	(235)		4,274
Purpose	Fund
Neonatal	Capital			1,000		(1,000)
Designated		Fund
Total				4,694	5,007	(5,192)	(235)		4,274

Restricted Funds	- Ch	arity and	Group
			Balance at	Incoming	Resources	Gains	Balance at
Restricted Funds			31March 2021	Resources	Expensed	& Lasses	31March 2022
			EOOO	EOOO	EOOO	6BOO	EOOO
Fund
Iohn Lennon Research Fund			168				168
hieonata I Capital	Fund			382			382
Projects Fund			554	1,105	(851)		808
Alder Centre Fund			57	52	(SO)		59
Burns Unit Fund			61		(2)		61
Leukaemia Research		Fund	172				172
Oncology Fund			213	43	(90)		166
Intensive Care Fund			119		(3)		121
Cancer Patients	Fund		70				71
Hephrology Fund			97		(73)		24
Neonatal Fund			52	29			81
Tier4Mental Health			250	547	(797)
Cardiac Fund			129	22	(133)		18
Cardiac Surgery	Fund		226		(50)		178
Others (55)			731		(150)		745
			2,899	2,354	(2,199)		3,054

		Balance at	Incoming	Resources	Gains 8c	Transfers	Balance at
		31March 2021	Resources f000	Expended f000	Losses f000	f000	.March 2022 f000
		f000
Alder Hey	General Purpose	3,384	4,279	(3,268)	252	(953)	3,694
Fund
NeonatalCapital						1,000	1,000
Designated	Fund
Mental Health Designated		2,250		(2,203)		(47)
Fund
Total		5,634	4,279	(5,471)	252		4,694
nrestricted	Funds- Charity
		Balance at	incoming	Resources	Gains Sa	Transfers	Balance at
		31March 2021	Resources f000	Expended f000	Losses EOOD	f000	March 2022 f000
		f000
Alder Hey Fund	General Purpose	3,384	3,933	(2,922)	252	(953)	3,694
Neonatal Capital Designated Fund						1,000	1,000
Mental Health Designated Fund		2,250		(2,203)		(47)
Total		5,634	3,933	(5,125)	252		4,694

	Fixed	Current	Current	Long Term	Net
As at 31March 2023	Assets	Assets	Liabilities	Liabilities	Assets
		f000
Charity:
Unrestricted	4,449	2,414	(2,589)		4,274
Restricted	5,496		[2,020)		3,476
Total	9,945	2,414	(4,609)		7,7SO
Group:
Unrestricted	4,487	2,448	(2,661)		4,274
Restricted	5,496		(2,020)		3,476
Total	9,983	2,448	(4,681)		7,750
Net assets (continued)
	Fixed	Current	Current	Long Term	Net
As at31March 2022	Assets	Assets	Liabilities	Liabilities	Assets
	f000	f000			f000
Charity:
Unrestricted	4,076	3,628	(3,010)		4,694
Restricted	4,776		(1,722)		3,054
Total	8,852	3,628	(4,732)		7,748
Group:
Unrestricted	4,119	3,616	(3,041)		4,694
Restricted	4,776		(1,722)		3,054
Total	8,895	3,616	(4,763)		7,748