Nottingham
Hospitals
Charity
Annual Report r
2021
.A.022
## **Welcome to Nottingham Hospitals Charity’s Annual Report 2021/22.**
Nottingham Hospitals Charity is at the heart of care for hundreds of thousands of patients each year, from across the city, county and East Midlands.
During 2021/22 we gave over **£3 million** to help provide the very best care for patients and their families – from state-of-the-art equipment to improved facilities and medical research, everything we do is for patients and staff at Nottingham’s NHS hospitals.
|Welcome|**1**|
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|Enhancing Patient Experience|**4**|
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|Funding Medical Research|**10**|
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|Supporting Our Staff|**14**|
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|Community Health Initiatives|**18**|
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|Hayward House Appeal|**22**|
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|Leaving a Lasting Legacy|**26**|
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|Strategic Report|**30**|
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|Financial Review|**35**|
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|Structure|**40**|
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|Auditor’s Opinion|**49**|
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|Financial Statements|**54**|
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## **A word from our Chief Executive, Barbara Cathcart**
## **“**
At Nottingham Hospitals Charity, we are proud to support patients, families and staff across the whole of Nottingham’s NHS hospitals. Over the past year, as the country and the NHS began to recover from the impact of Covid-19, it became clear that hospital staff were continuing to suffer from the psychological and emotional impact of the pandemic.
After being on the front line of the battle against Covid-19, some of our hospital staff were suffering from poor mental health and low morale. The past year we have been here to support them more than ever – helping to provide everything from psychological support programmes, to small treats like free on-site ice cream vans on sweltering days. In this Report, you can read about some of the ways we have supported staff wellbeing and morale at Nottingham Hospitals.
As our hospitals began to return to some normality, we turned our attention to other areas that needed support, some of which you can read about on pages 4 to 9. These include an Arts Coordinator to provide therapeutic arts activities for patients with dementia, and enhancements to the Emergency Department at the Queen’s Medical Centre.
From March 2022 we turned our focus to Hayward House, the palliative care centre at the City Hospital, launching a £1.5 million Hayward House Appeal. Money raised through the appeal will provide enhancements to the special garden, making it a more accessible and tranquil space for patients with terminal illnesses to spend precious time with their loved ones, as well as improvements to make the building’s entrance more welcoming, and an expansion of the centre’s research and training facilities.
None of these important projects would have been possible without the support of our dedicated fundraisers and donors, or the gifts we receive through our supporters’ Wills. Around a third of the money we raise each year comes from gifts in Wills, enabling us to fund important projects which may not otherwise be possible.
I would like to take this opportunity to thank each and every individual, family, community group and business who has supported Nottingham Hospitals Charity throughout the past year – whether through fundraising, donating, or legacy gifts. **“**
## **A word from our Chair, Carole Ayre**
## **“**
This year has seen a return to some normality for Nottingham Hospitals Charity, with our in-person fundraising events returning, and our team able to once again meet face-to-face with fundraisers, donors and hospital staff.
Our finance team have continued to comply with the highest standards to ensure that funds raised are well-spent, most particularly during this time of financial strain. At Nottingham Hospitals Charity, we have an excellent reputation for careful governance of funds raised, and legacies and donations bequeathed to us. This past year’s focus has continued to be about strategic charitable expenditure, as well as raising funds for worthy hospital projects and programmes.
I would like to take this opportunity to thank our team of Trustees, who have a wide range of knowledge and expertise, and the passion to ensure funds raised are judiciously spent. In particular, I would like to thank our Trustee Laurence Coppel and his family, who donated £260,000 from their Amanda Lee Coppel Fund, in memory of Laurence’s daughter.
We are very grateful to those who fundraise for us by jumping off buildings, shaving their heads, knitting, baking, running events and everything else they ingeniously do –
all to recognise and support the care they receive at our hospitals.
I’m proud of the many important projects we’re able to fund at Nottingham Hospitals, thanks to our generous donors. In particular, it was an honour to attend a special opening at the Queen’s Medical Centre of a £395,000 project: The new video recorded interview (VRI) suite. This is part of the Children’s and Young People’s Suite and allows children to give video evidence to police in the same child-friendly environment as their medical examinations and treatment take place, where cases of sexual assault have occurred. This replaces the need to travel to a police station to be interviewed in a more daunting setting.
Although heart-breaking to know this suite is needed, it is gratifying to know that we have been able to provide a safe space for children and young people during difficult times.
Please read on to find out more about the impactful projects taking place at Nottingham Hospitals, thanks to the support of our fundraisers and donors.
**“**
Nottingham Hospitals Charity Annual Report 2021/22
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Enhancing
Patient
Experience
4
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**We’re here to help make hospital stays as comfortable as possible for patients and families at Nottingham Hospitals, whether that’s through providing new furniture, colourful wall art, or special family rooms.**
As well as making our hospitals look and feel welcoming, we also provide additional facilities, equipment and services which make a real difference to patient care – such as state-of-the-art ultrasound scanners to aid with diagnosis, and counselling and bereavement support to help patients and their loved ones through difficult times.
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£395,000
Given
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## **Children’s video interview suites**
**We gave £395,000** for a new video recorded interview (VRI) suite at the East Midlands Children and Young People’s Sexual Assault Service.
The facility provides a safe and comforting environment where children and young people who have been sexually abused can be examined and give a video-recorded statement to the police, which may be used as evidence in court. The suite allows them to do all of this within the hospital environment, rather than having to travel to a police station before or after their medical examinations, and will impact hundreds of children and young people every year.
The new suite is based on the Barnahus, or ‘children’s house’, model which is used in Iceland, and where police interviews, medical examinations and children’s therapy are all provided in one environment. Since its introduction in 1998, the children’s house model has delivered compelling results – a trebling of the number of perpetrators charged, a doubling of the number of convictions, and better therapeutic outcomes for children and their families.
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£200,000
Raised
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## **Baby MRI Appeal**
**We raised £200,000** through our Baby MRI Appeal for equipment to make MRI scans as quick, safe and comfortable as possible for our tiniest patients in Nottingham’s Neonatal Units.
Each year the Neonatal Units at City Hospital and Queen’s Medical Centre treat over 1,500 babies, many of whom need to undergo MRI scans. The Baby MRI Appeal will provide new equipment and technology, to allow babies to be more comfortable during their scans, to reduce scanning time, and to improve the quality of the images produced.
## **Emergency Department**
Our Emergency Department (ED) is **visited by over 500 people every single day** and is in constant and growing demand. Over the past year we have supported ED in a variety of ways, including: enhancing the facilities to maximise space; creating a dedicated rest and wellbeing area for ED staff who work long and challenging shifts; and funding a stand-alone pod which can be used for staff research and training, as well as offering a private, sound-proofed area where patients can be seen for sensitive online conversations.
Nottingham Hospitals Charity Annual Report 2021/22
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£150,000
Granted
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## **Complementary therapy**
Each year **we grant around £150,000** for complementary therapy across Nottingham Hospitals.
Complementary therapies, such as massage and reflexology, can help ease symptoms, relieve stress and provide a welcome distraction for patients. Our complementary therapists work alongside patients in a variety of areas, including patients with life-limiting or terminal illnesses being treated at Hayward House; patients being treated for bone and blood cancers at the Centre for Clinical Haematology; and babies, children and young people being cared for at Nottingham Children’s Hospital.
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£8,000
Granted
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## **Major Trauma**
**We granted £8,000** for a blood fridge and blood plasma freezer to help patients being brought to the East Midlands Major Trauma Centre by air ambulance. The blood products stored in the fridge and freezer will enable air ambulance staff to treat patients with life-threateningly heavy blood loss on board, rather than them having to wait for arrival at the Major Trauma Centre, at the Queen’s Medical Centre. This will give patients the best possible chance of survival and recovery.
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£42,085
Funded
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## **Arts coordinator**
**We funded £42,085** for a newlycreated post of arts coordinator, to work with patients and staff across Nottingham Hospitals, with a special focus on working alongside patients with dementia to provide therapeutic art activities during their time in hospital.
Nottingham Hospitals Charity Annual Report 2021/22
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**Nottingham Hospitals Charity gives tens of thousands of pounds every year to medical research taking place at Nottingham Hospitals.**
We fund research into diagnosis and treatment across a range of conditions, from cancer and diabetes, to Long Covid and hearing loss.
## Funding Medical Research
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£38,686
Funded
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## **Kidney disease in pregnancy**
## **We funded a £38,686** study into kidney disease during pregnancy.
The research is investigating the impact of pregnancy on women with a genetic condition called Alport syndrome, which causes kidney disease and other symptoms. Anecdotal evidence suggests women with Alport syndrome have a greater increase in protein leak during pregnancy than women with other kidney conditions, which can lead to swelling, discomfort, risk of blood clots and decreased foetal growth. This study aims to further investigate this link.
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£181,007
Given
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## **Myeloma sensitivity to drug treatments**
Nottingham Hospitals Charity **gave £181,007** for a study into how myeloma cells respond to anti-myeloma drugs. The research aimed to investigate why some myeloma patients have greater sensitivity or resistance to drug treatments than others.
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£47,011
Funded
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## **Significant ankle injury**
**We funded a £47,011** study investigating why some patients experience ongoing ankle pain and a poor recovery after suffering a significant ankle injury, and the link between osteoarthritis of the ankle and previous injury to the area.
Nottingham Hospitals Charity Annual Report 2021/22
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**We’re here for over 17,000 members of staff across Nottingham Hospitals, helping to provide wellbeing programmes and development projects to support them, while they provide the very best patient care.**
Supporting Our Staff
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£363,000
Granted
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## **Psychological support**
**Thanks to a grant of £363,000** from NHS Charities Together, we have been able to provide a programme of support for the psychological wellbeing of staff at Nottingham Hospitals, whose mental and emotional health may have been affected by their work during the Covid-19 pandemic.
The grant has funded new positions, including two clinical psychologists and a mental health trainer, who are developing post-trauma initiatives for all staff, particularly in areas such as the Emergency Department and critical care, where traumatic incidents are frequent.
## **Staff rest spaces**
During 2021/22 we funded **improvements to 18 staff rest areas,** where our hardworking NHS staff can take breaks from busy shifts, in comfortable and restful environments.
## **Welcome refreshments**
On a summer’s day in July 2021, we provided **free ice creams** for very hot staff at Nottingham Hospitals.
## **International Nurses Day**
Each year we celebrate **International Nurses Day** , on 12th May, by delivering treats to our nursing staff and midwives across Nottingham Hospitals.
**We are proud to be able to show our NHS staff how much they are appreciated** , and in addition to funding multi-million-pound projects, these smaller grants have a positive impact on staff morale and wellbeing.
Nottingham Hospitals Charity Annual Report 2021/22
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**Following the pandemic, we have funded projects to help people living out in the community who may have struggled mentally and emotionally during the Covid-19 restrictions.**
## Community Health Initiatives
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## **South Nottinghamshire Befriending Service**
Thanks to a **grant of £84,986** from NHS Charities Together, we have been able to expand a befriending service for people who have been left feeling isolated and lonely following Covid-19 restrictions.
The South Nottinghamshire Befriending Service offers support for people living alone, especially those who are clinically vulnerable and people living with long-term health conditions or disability.
The grant has enabled the service to expand, recruit more befriending volunteers, and offer more personalised support to a greater number of people experiencing isolation or loneliness across the local community.
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£84,986
Granted
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Nottingham Hospitals Charity Annual Report 2021/22
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**In March 2022 we launched our Hayward House Appeal, which is raising £1.5 million to fund enhancements for patients and families being treated at Hayward House palliative care centre.**
Hayward House is a unique home-from-home environment, where patients with life-limiting and terminal illnesses, including those at the end of their life, are cared for by a specialist team of doctors, nurses and therapists.
# Hayward House Appeal
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The **£1.5 million** Hayward House Appeal will help to fund a range of enhancements to the centre, including improvements to the garden area, making it more accessible and creating a tranquil space for patients and family members; a more welcoming reception and waiting area; and an expansion of the centre’s research and training facilities.
## **Show your support**
Our Hayward House Appeal has received an outpouring of support from the local community, with our long-term corporate partners **Mowgli Street Food** among the first local businesses to support the appeal, by adding a discretionary £1 donation to every bill.
The appeal has also been supported by families whose loved ones have been treated at Hayward House, including Adam Doran, whose wife Clare was treated there before she sadly passed away in September 2021, at the age of 48. Adam and his family and friends, including former Nottingham Forest footballer Vance Warner, have taken on numerous challenges and events to raise money for the Hayward House Appeal.
Former Nottingham Forest footballer Vance Warner
Adam said...
**“ I will always remember our time at Hayward House and was astounded by the care we received. They told me I could spend the night with Clare and I looked at the armchair in her bay thinking that’s where they’d put me. How wrong I was!**
**“Not only did they make me up a bed, they pushed it together with Clare’s so we could spend one more night together. I cannot tell you how much that meant. “**
To support the Hayward House Appeal, please visit **nottinghamhospitalscharity.org.uk/annualreport2022**
Nottingham Hospitals Charity Annual Report 2021/22
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**Around a third of the £4 million raised for Nottingham Hospitals Charity each year comes from gifts left in our supporters’ Wills.**
No matter how large or small, the gifts we receive through Wills every year make a huge difference to patients at our hospitals.
# Leaving a Lasting Legacy
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During 2021/22 we received over **£175,000** for Hayward House through gifts in Wills, which enabled us to continue to fund important services such as complementary therapy, counselling, extra nursing support, therapeutic arts activities and bereavement support for terminally ill patients and families at the palliative care centre.
We are extremely grateful to all those donors who remember us in their Will, and choose to help future patients and families here at Nottingham Hospitals.
For more information about leaving a gift in your Will, please call us on **0115 962 7905** , email **charity@nuh.nhs.uk** or download your free Will planner at **nottinghamhospitalscharity.org.uk/ annualreport2022**
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£175,000
Gifted
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Nottingham Hospitals Charity Annual Report 2021/22
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Strateg
Report
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## **Charity update: Achievements and performance**
Nottingham Hospitals Charity is one of the top-performing NHS charities in the UK, widely recognised for its generation of voluntary income, support for key fundraising appeals and provision of services and capital enhancements, and for its strong governance.
There is an unwavering drive for excellence which runs through the whole organisation, from the Board of Trustees to our junior apprentices. Having been established for 16 years, the Charity’s ambition is to capitalise on its successes and build on these to provide more support, through increased appeals, to benefit the patients of Nottinghamshire.
## **Our charitable objectives and activities:**
## **The Charity’s objects are to further such charitable purposes relating to:**
Funding local research and innovation
## **Review of 2021/22 objectives:**
## **Recover the Charity’s voluntary income to £3.203 million in 2021/22.**
- **1**
We exceeded our target, raising a voluntary income of £4.049 million.
- **2 Strategically align with NUH to ensure that Charity-funded projects and appeals support its strategic objectives; and ensure that all charities act together to support patients.**
- £1.5 million Hayward House Appeal launched.
- Continuation of funding to Redthread to support emergency services.
Initiated a partnership with Nottingham Forest Community Trust.
- Worked with ‘Tomorrow’s NUH’ and external partners to further develop parent and family accommodation off-site.
- **3 Collaborate with local NHS, community and charity partners to deliver care in the community to reduce the burden on NUH, using funds received from the NHS Charities Together Covid appeal.**
- Partnership projects to benefit patients have commenced in North and South Nottinghamshire and Nottingham City.
Investing in whole-hospital staff development projects
Purchasing the newest technology
Creating a caring environment for all who use Nottingham’s hospitals
## **We will facilitate these objects through:**
- **4 Work with NUH to embed the learning from the achievement of Magnet[®] accreditation for nursing excellence, and to establish a national teaching mechanism to share this knowledge with NHS providers nationally.**
- A Magnet Director is in place to oversee the continuation of best practices in nursing care, and to embed these throughout NUH.
Inspiring fundraising appeals
Carefully considered grant-making programmes
Working with our hospitals and the communities we serve
- **5 Allow for flexibility in grant-making to follow the changes required of NHS services post-Covid and, finances allowing, encourage innovative applications from general funds on a bi-annual basis.**
Covid-related grants were dispersed in close consultation with NUH.
- £400,000 was granted from general funds for Innovation projects.
- **6 Continue to raise awareness for Charity-funded posts throughout NUH, by branded uniforms and lanyards. This will include a focus on the Charity Scholars and developing a grateful patient programme for active appeals.**
Charity-funded posts are branded with a focus on Charity Scholars.
Nottingham Hospitals Charity Annual Report 2021/22
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## **Principle objectives and aims**
## **Our Vision**
Our vision is for an outstanding NHS for the people of Nottinghamshire.
## **Our Mission**
Our mission is to enhance patient care and help families and carers in the East Midlands by transforming hospital services through innovation, funding local research, investing in whole-hospital development projects, purchasing the newest technology, and creating a caring environment for all who use Nottingham’s hospitals.
## **Plans for future periods: 2022/23 and beyond (Continuation of 3 year Strategy):**
Achieve voluntary income of £3.5 **1** million in 2022/23 through various fundraising, communications, marketing and profile-building activities.
- **2** Collaborate with local NHS, community and charity partners to deliver care in the community to reduce the burden on NUH, using funds received from the NHS Charities Together Covid appeal.
Allow for flexibility in grant-making to follow the changes required of NHS services post-Covid, including consideration of the Integrated Care Partnership in our area.
**3**
- Finances allowing, encourage
- **4** innovative applications from general funds on an annual basis.
Continue to invest in the Charity team **5** within their areas of expertise.
## Financial Review
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**The accounts and Annual Report are prepared to comply with both the Companies Act 2006 and the Charities Act 2011.**
**Overall, the assets of the Charity at 31 March 2022 were £18.089 million, compared to £16.841 million in 2020/21 - an increase of £1.248 million.**
## **Total Income**
## **Total Income Total Expenditure £4.446 million £4.229 million**
(2020/21: £4.379 million)
(2020/21: £3.159 million)
Commissioner; £56,000 from The Skinny Food Co; £50,000 from The Winifred Eileen Kemp Trust and £48,000 from an individual donor for Ophthalmology equipment.
Despite the challenging economic situation, our income remained in line with the previous year, increasing slightly by £67,000.
Donation income was £2.411 million, which was £81,000 lower than the previous year overall (2020/21: £2.492 million).
Our in-person fundraising events were also able to return once Covid-19 restrictions lifted, meaning fundraising income received a boost.
General donations were lower due to the continued effect of Covid-19 on charitable giving, but we received several high-value donations, including: £477,000 from NHS Charities Together; £260,000 from the Amanda Lee Coppel Fund; £191,000 from Nottingham and Nottinghamshire Kidney Fund; £169,000 from the People’s Hall and Institute; £60,000 from the Nottinghamshire Police and Crime
Legacy income remained high at £1.521 million (2020/21: £1.485 million) representing 34% of income, and highlighting the important impact of legacy gifts.
Investment income increased to £384,000 (2020/21: £330,000) as a result of higher investment valuations.
## **Charitable Expenditure**
Total expenditure for 2021/22 was £4.229 million, an increase of £1.070 million (2020/21: £3.159 million).
The main reason for this increase was approximately £400,000 granted for General Fund projects, based on a proactive campaign to recruit multi-disciplinary applications across the hospitals.
Thanks to grants from NHS Charities Together, we were also able to give £363,000 for staff psychological support following the effects of the pandemic, and £430,000 to support community-based health initiatives with partners across the county.
A breakdown of Charity expenditure is shown in the table below:
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2021/22 2020/21
Expenditure
£000 £000
Patient Welfare and
1,896 1,200
Amenities
Staff Welfare and
459 430
Development
Research 509 116
Building and
146 336
Refurbishment
Total grant expenditure 3,010 2,083
Fundraising costs
(including investment 797 670
management fees)
Support costs and
422 407
governance
Total expenditure 4,229 3,159
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## **Grant-making Policy**
The Charity fulfils its objects by awarding grants to Nottingham University Hospitals NHS Trust for the benefit of patients, staff and visitors.
Grants are awarded to develop new services and innovative ways of improving patient care, including capital projects, innovation and technology, local research and staff development projects. The Charity awards grants from both restricted and unrestricted funds. Many of the funds are earmarked for particular wards or specialities. Expenditure up to £2,500 is overseen by Fund Advisors, who are usually clinicians, under delegated powers. Expenditure above this level is approved by Charity executive officers and Trustees.
## **Investment Policy**
Funds that are not required for immediate expenditure are invested in a balanced portfolio. Recognising the need for growth and the demands on the Charity’s charitable income, the Trustees recognise that its investments must be protected from market volatility and subsequent risk to its assets.
## **For this purpose, the Charity has an Investment Policy, the objectives of which are:**
To enhance the real value of capital over time whilst generating a reasonable level of income.
To generate income to meet the charitable requests made to us, and Charity support costs.
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**The Trustees recognise the need to be protected against market conditions and, within this volatile market, the Policy states:**
- Hold expenditure for shorter-term grants in cash deposits. The Charity will draw down cash from investments in line with planned expenditure for shorter-term projects or priority needs.
- Appeal funds are held in fixed-term treasury accounts.
- A percentage of the value of the investment portfolio is held in reserve.
- Advice from the Charity’s investment advisors is requested regularly.
## **Ethical Investment and Sustainability**
The primary objective is to ensure the long-term financial sustainability of the Charity. However, the Trustees also wish the portfolio to recognise the Charity’s wider responsibilities to society and as such, environmental, social and governance (ESG) factors should be considered when allocating capital. Investment Managers are expected to:
- embed ESG considerations into their investment decision making process;
- exclude holdings which are seen to be in conflict with the Charity’s purpose and broader view on ESG issues; and
- consider the values and reputation of the Charity when making investment decisions.
In addition to these guidelines, direct investments in tobacco manufacturers are not permitted.
represented an increase of £947,000 in the year (2020/21: £12.793 million). This comprised of additional investments of £71,000, and gains of £876,000 (after fees). No transfers were made to cash in year.
Investment income was £384,000, which represented an increase of £54,000 compared to the previous year (2020/21: £330,000) and reflects the higher investment value overall.
In November 2021 the Charity transferred investments to a new investment management team at Sarasin.
## **Reserves Policy**
**The Charity Trustees wish to provide long-term support to the Nottingham University Hospitals Trust. The Reserves Policy states:**
The Charity Trustees recognise their obligation to ensure that funds received should be spent effectively and promptly in accordance with the Charity objects. However, it is considered prudent that a workable level of reserves be maintained to protect the continuity of the Charity’s work in the event of a shortfall in income and minimise risk to projects.
The minimum reserves level is set at £1.3 million and is sufficient to fund one year’s Charity operating costs. It is based on:
Costs of governance.
- Cost of fundraising activity to generate funds to ensure the stability of grant funding to Nottingham University Hospitals Trust.
This will allow the Charity to respond to any adverse change in circumstances, and develop plans without the need for an urgent response.
The Charity receives both restricted and unrestricted income from donations, legacies, fundraising events and grants. Whilst the restricted income is greatly valued in supporting specific projects at the hospitals, unrestricted income remains crucially important. We have the philosophy that clinicians know what is best for their patients and unrestricted income enables us to support such enhancements which have the greatest impact on patient care.
## **Funds include:**
- Restricted Funds: £1.455 million (2020/21: £1.886 million). These are funds that are subject to legal restriction and do not form part of Reserves.
- Designated Funds: £14.844 million (2020/21: £13.537 million). These are funds where the income has been given for a specific ward/department/research at NUH Trust and are earmarked for specific future spending; these funds are excluded from Reserves.
- Endowment Funds: £50,000 (2020/21: £47,000). These are funds where the capital is held in perpetuity and invested to generate income; only the income can be spent for a specific purpose. (Nottingham Children’s Samaritan Fund is the Charity’s only endowment fund). These funds are excluded from Reserves.
The value of Charity reserves at 31 March 2022 was £1.740 million (2020/21: £1.371 million).
The level of reserves is monitored at quarterly Trustee meetings throughout the year, and reviewed annually.
At 31 March 2022 the total value of our investments was £13.740 million, which
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## **Structure, Governance and Management**
On 1 February 2016 Nottingham University Hospitals Charity reconstituted as an independent charity (No 1165397) regulated by the Charity Commission. The Charity is incorporated as a company limited by guarantee (No 09978675) and donations, legacies and fundraising income received by us are strictly separated from NHS finances.
Our objects set out in the Articles of Association are to apply income for any charitable purpose or purposes relating to the purposes of the Nottingham University Hospitals NHS Trust or any purposes relating to the National Health Service.
## **Our Trustees**
Trustees, who are also directors for the purposes of company law, have full responsibility for the Charity’s governance and are accountable to the Charity Commission.
10 years in total unless the Trustees consider there to be exceptional circumstances. Nottingham University Hospitals Trust has the right to appoint one Trustee to the Charity.
Each Trustee has an independent expertise that ensures effective coverage in a broad range of expertise: law, accounting, economics, medical, business management and leadership.
New Trustees receive appropriate induction on their responsibilities and are issued with detailed induction information. Trustees receive an annual appraisal from the nominated Chairman of the Trustees. Trustees are recruited through an open process that is publicly advertised and through a specialist recruitment agency.
Under the Articles of Association new Trustees are elected by the Trustees for a term of up to four years. An outgoing Trustee may be re-appointed, but no individual Trustee may serve more than
## Trustees during the year 2021/22 were:
## **Carole Ayre, Chair**
In position 1 March 2017 - present
Carole is a retired partner at law firm Browne Jacobson and led the development of their NHS Clinical Negligence team. Her focus has been on promoting the development of health law practice at the firm with a wide range of experience within the NHS sector.
## **Laurence Coppel**
In position 1 February 2016 - present
An Economist and Chartered Accountant, past Non-Executive Director of Queen’s Medical Centre (1993 to 1999) and Chairman of Nottingham Building Society until 2004.
## **Roger Whittle**
In position 1 April 2016 - present
Nottingham-born Roger is the founder and CEO of Nottingham IT solutions company Jigsaw24, employing over 300 people across the UK, with annual sales of over £150 million. Roger established Jigsaw24 in 1992 and has been a Trustee of the Charity since 2016. Roger’s 10-year-old daughter Rose Whittle received excellent care from 2011 to 2013 at Nottingham Children’s Hospital in her ultimately unsuccessful fight against cancer.
## **Harish Vyas**
In position 1 April 2017 - present
Harish’s medical career spans four decades and includes working at Great Ormond Street. At Nottingham he brought together children’s units from the former City and QMC hospitals to form Nottingham Children’s Hospital, and led the Paediatric Intensive Care Unit. Recently retired, Harish also brings a strong research background with him.
## **Mark King**
In position 1 November 2018 - present
Mark spent 27 years in the aerospace industry with Rolls-Royce plc in the UK, ultimately becoming President of Aerospace – a division with £8.5 billion of sales, 27,000 employees and global operations. Since leaving Rolls-Royce in 2013 Mark has worked with a number of smaller venture capital backed companies providing non-executive and ‘semi-executive’ support. Mark is currently Chairman of three companies - DEA Aviation Ltd, a provider of aerial survey and surveillance services; Bowman Power Group, a high speed electrical machines manufacturer and Alloyed Ltd, a specialist in digital alloy design and additive manufacturing.
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## **Sharmini Krishanand**
In position 1 November 2018 - 7 February 2022
Sharmini graduated in Medicine and trained to become a General Practitioner. She currently works part-time in General Practice and spends the rest of her working day running her business in partnership with her husband. Sharmini is also a Trustee of the Hindu Temple in Beeston and manages the publicity and marketing function for the temple. She also enjoys her role as a Governor of Nottingham High School.
## **Roger Summerton**
In position 1 February 2020 - present
Roger joined the Charity in February 2020. He is a chartered accountant and spent 45 years in the accounting profession, 20 of which were as a partner at KPMG. In more recent years Roger has been a director of a local financial advisory business and the director of a family office.
## **Keith Girling**
In position 24 May 2021 - present
Keith is a consultant in critical care medicine and also Medical Director at NUH. Having worked at NUH for over 30 years, he is well-placed to support the Charity in making an impact, while being able to liaise closely with clinical teams about how the Charity can help.
## **Sanjeev Sharma**
In position 1 April 2022 - present
Sanjeev joined our Board of Trustees after previously supporting the Charity and raising more than £42,000 through a Mount Snowdon trek, to thank hospital staff for saving his life after he was seriously ill with Covid-19. Sanjeev is a successful and well-respected barrister, based in Nottingham but practising across the country.
## **Barbara Cathcart, Chief Executive**
Barbara helped to establish Nottingham Hospitals Charity in 2006 from the merger of the two predecessor charities covering City Hospital and Queen’s Medical Centre. Under Barbara’s leadership, over £50 million has been raised for Nottingham’s hospitals, covering local research, patient facilities and enhancements, NHS staff development and innovation and redevelopment projects. Barbara has a prior track record in supporting Canadian medical projects, including negotiating the largest contract for neonatal care at Women’s College Hospital in Toronto and establishing the first Chairs in Breast Cancer Research and Paediatric Neurology at the University of Toronto.
## **Julie Brailsford, Director of Finance/Deputy CEO**
Julie is a qualified accountant and has dedicated most of her career to Financial Management and Financial Services in the NHS. Julie has worked at the Charity since 2008 and is responsible for the overall management of the Charity’s finance and governance arrangements, ensuring that income and expenditure is properly accounted for and donations are used where they are intended and needed within Nottingham University Hospitals NHS Trust.
## **Nigel Gregory, Director of Development/Deputy CEO**
Nigel joined the Charity as Director of Development in February 2016, from his previous appointment at Loughborough University where he worked as Deputy Director of Development and Alumni Relations. Nigel has more than 17 years’ experience in fundraising and has worked in the UK and USA where he spent several years working with Outward Bound West and the American Alpine Club, helping them to develop their fundraising and communications programmes.
## **Public benefit**
The Trustees confirm that they have complied with the Charity Commission’s general guidance on public benefit. The projects funded by the Charity support benefits to patients, staff and visitors using healthcare facilities of Nottingham University Hospitals NHS Trust in line with donors’ wishes and the Charity’s mission and objectives.
Nottingham Hospitals Charity Annual Report 2021/22
**44**
**45**
## **Remuneration Statement**
The Charity’s remuneration policy is reviewed by its Trustees annually. It is to offer non-discriminatory, fair, reasonable and competitive pay to attract and retain appropriately qualified, experienced and professional staff to lead, manage and deliver the Charity’s objectives. In setting this policy, the Trustees consider pay policies and practices in comparable charitable organisations, regionally and nationally.
In 2021/22, the Charity employed 18 full-time equivalent staff. Two employees received total remuneration greater than £60,000. The multiple between the highest pay and the median pay was no more than 3.5 times.
## **Managing Risks**
## **The Trustees are legally required to minimise significant risks to the Charity. The key risks to the Charity in 2021/22 were:**
**Cyber risk:** Cyber insurance has been purchased and staff receive annual cyber security training.
**Inflation:** The Charity’s running costs are closely monitored with authorisation processes in place to review spending.
**Volatile investments:** Regular investment reviews are conducted by Trustees following this changing financial environment through the year.
The risk register is reviewed quarterly at Trustee meetings.
## **Fundraising**
We are compliant with the most recent changes in fundraising regulations and data protection legislation. We are registered with both the Information Commissioner’s Office and the Fundraising Regulator and have adopted the Fundraising Promise.
All activities are monitored closely by the senior management team, and the Trustees review the potential risks of the Charity at each meeting, with established systems to ensure appropriate controls are in place.
Working practices and procedures are carried out in line with the Charity Commission, Institute of Fundraising, Information Commissioner’s Office and the Fundraising Regulator’s guidance. The Charity uses the services of external auditors to review the compliance with these regulatory bodies.
## **Statement of Trustees’ responsibilities**
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and for taking reasonable steps to prevent and detect fraud and other irregularities.
The Charity Trustees (who are also directors of Nottingham University Hospitals Charity for the purposes of company law) are responsible for preparing the Trustees’ Annual Report (including the strategic report) and the financial statements in accordance with applicable law and regulations.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity under Company Law. The Trustees must not approve the financial statements unless they are satisfied that, they, to the best of their ability and knowledge, give a true and fair view of the state of affairs of the charitable company and of the income and expenditure for that period.
In so far as Trustees are aware:
there is no relevant information being needed by the company’s auditor in connection with preparing their audit report of which the auditor is unaware, and
In preparing these financial statements to the best of their ability, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information.
observe the methods and principles in the Charities SORP (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether the financial statements comply
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Statement of Recommended Practice, Accounting and Reporting for Charities (FRS102).
with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable company will continue its activities.
## **By Order of the Board of Trustees**
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements
Chairman:
Trustee:
Name: Carole Ayre Name: Roger Summerton Date: 5th October 2022 Date: 5th October 2022
Nottingham Hospitals Charity Annual Report 2021/22
**46**
**47**
## **Fundraising activities**
## **Fundraising**
Nottingham Hospitals Charity is active across the fundraising spectrum and offers existing and potential supporters a broad range of ways to support the Charity, including a variety of events, in-memory giving, regular giving, leaving a Gift in Wills, corporate and community engagement programmes, staff fundraising, and trusts and foundations.
The Charity does not rely on the services of any external professional fundraising partners. For patient mailings, we work with the NHS Trust’s Caldicott Guardian and compliance team, in order to ensure compliance with Data Protection and governance.
The Charity’s costs as a percentage of the income generated were 16% in 2021/22 (15% in 2020/21).
## **Complaints**
We report our complaints to align with the Fundraising Regulator requirements. The number of complaints received for the 12 months to 31 March 2022 regarding fundraising was one. This is one more than the previous year.
## **Vulnerable persons**
The Charity has a Vulnerable Persons Policy in place to protect people in vulnerable circumstances.
## **Fundraising Promise**
As a charity, we believe people need to feel that we are using our resources effectively. That is why we make these fundraising promises:
We promise to provide information about our work and our finances so everyone can see how their money is being spent and the difference they are making to the patients and staff looking after them at Nottingham’s hospitals.
We promise to communicate with supporters in a way that suits them. If they tell us they would prefer less contact or do not want to hear from us at all, we will respect their wishes.
We promise to check at the start of every conversation, on the phone or in person, that the person is happy to speak to us.
We promise never to sell an individual’s data to any third party. We will not share their details with other charities.
We promise to adhere to all industry guidelines and regulations. We promise to make it easy for individuals to tell us their contact preferences and we are here to talk about our work or answer any questions.
## **Volunteering**
We were unable to accept any volunteers during 2021/22 due to Covid-19 restrictions.
## Auditor’s Opinion
**48**
**49**
## **Independent Auditor’s Report to the members of Nottingham University Hospitals Charity**
Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Opinion**
We have audited the financial statements of Nottingham University Hospitals Charity (the ‘charitable company’) for the year ended 31 March 2022 which comprise of the statement of financial activities, balance sheet, cash flow statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
## **Conclusions relating**
## **to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
## **In our opinion the financial statements:**
give a true and fair view of the state of the charitable company’s affairs as at 31 March 2022, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
have been prepared in accordance with the requirements of the Companies Act 2006.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the report of the trustees, other than the financial statements and our auditor’s report thereon. Our opinion
## **Base for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law.
on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinions on matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the report of the trustees (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the trustees’ report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required**
## **to report by exception**
In the light of our knowledge and understanding of the charitable company and its environment obtained in the course
of the audit, we have not identified material misstatements in the trustees’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees’ remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the Report of the Trustees and from the requirement to prepare a strategic report.
## **Responsibilities of trustees**
As explained more fully in the trustees’ responsibilities statement set out on page 47, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
> Nottingham Hospitals Charity Annual Report 2021/22 **51**
**50**
In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor’s responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:
Our assessment focussed on key laws and regulations the Charitable Company has to comply with and areas of the financial statements we assessed as being more susceptible to misstatement. These key laws and regulations included but were not limited to compliance with the Companies Act 2006, Charities Act 2011, Charities (Protection and Social Investment) Act 2016, taxation legislation, data protection, anti-bribery and employment legislation.
We are not responsible for preventing irregularities. Our approach to detecting irregularities included, but was not limited to, the following:
obtaining an understanding of the legal and regulatory framework applicable to the Charitable Company and how the Charitable Company is complying with that framework, including agreement of financial statement disclosures to underlying documentation and other evidence;
obtaining an understanding of the Charitable Company’s control environment and how the Charitable Company has applied relevant control procedures, through discussions with Trustees and other management and by performing walkthrough testing over key areas;
obtaining an understanding of the Charitable Company’s risk assessment process, including the risk of fraud;
reviewing meeting minutes of those charged with governance throughout the year; and
performing audit testing to address the risk of management override of controls, including testing journal entries and other
adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.
Whilst considering how our audit work addressed the detection of irregularities, we also considered the likelihood of detection based on our approach. Irregularities arising from fraud are inherently more difficult to detect than those arising from error.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/ auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required
to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
## **Glen Bott FCA**
Senior Statutory Auditor for and on behalf of:
## **Cooper Parry Group Limited**
Chartered Accountants, Statutory Auditor, Sky View, Argosy Road, East Midlands Airport, Derby. DE74 2SA. Date: 5th October 2022
> Nottingham Hospitals Charity Annual Report 2021/22 **53**
**52**
## **Statement of Financial Activities for the year ended 31 March 2022** (incorporating an Income and Expenditure Account)
||||||**2021/22**||||2020/21|
|---|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total Funds**|Unrestricted|Restricted|Endowment|Total Funds|
||Note|**Funds £000**|**Funds £000**|**Funds £000**|**£000**|Funds £000|Funds £000|Funds £000|£000|
|**Income and endowments from:**||||||||||
|Donations and legacies|2|2,825|1,114|0|**3,939**|3,435|563|0|3,998|
|Charitable activities|3|0|0|0|**0**|1|0|0|1|
|Other trading activities|4|123|0|0|**123**|50|0|0|50|
|Investments|5|341|43|0|**384**|289|41|0|330|
|**Total income and endowments**||**3,289**|**1,157**|**0**|**4,446**|3,775|604|0|4,379|
|**Expenditure on:**||||||||||
|Raising funds||637|13|0|**650**|553|48|0|601|
|Investment management costs||136|11|0|**147**|62|7|0|69|
|**Sub total**|6|**773**|**24**|**0**|**797**|615|55|0|670|
|**Charitable activities:**||||||||||
|Patient welfare and facilities||1,216|944|0|**2,160**|1,117|316|0|1,433|
|Staff welfare and development||145|379|0|**524**|513|2|0|515|
|Research||427|154|0|**581**|141|(2)|0|139|
|Building and refurbishment||92|75|0|**167**|402|0|0|402|
|**Total charitable expenditure**|8|**1,880**|**1,552**|**0**|**3,432**|2,173|316|0|2,489|
|**Total expenditure**||**2,653**|**1,576**|**0**|**4,229**|2,788|371|0|3,159|
|||||||||||
|**Net income/(expenditure) before**||||||||||
|**gains/(losses) on investments**||**636**|**(419)**|**0**|**217**|987|233|0|1,220|
|Gains/(losses) on investment assets|12|947|81|3|**1,031**|1,708|187|8|1,903|
|**Net income/(expenditure)**||**1,583**|**(338)**|**3**|**1,248**|2,695|420|8|3,123|
|Transfers between funds|16|93|(93)|0|**0**|(1)|1|0|0|
|**Net movement in funds**||**1,676**|**(431)**|**3**|**1,248**|2,694|421|8|3,123|
|**Reconciliation of funds:**||||||||||
|Total funds brought forward 1 April|22|14,908|1,886|47|**16,841**|12,214|1,465|39|13,718|
|**Total funds carried forward 31**
**March**||**16,584**|**1,455**|**50**|**18,089**|14,908|1,886|47|16,841|
_Notes 1 to 24 form part of these financial statements_
## Financial Statements
Nottingham Hospitals Charity Annual Report 2021/22
**54**
**55**
## **Balance sheet**
## as at 31 March 2022
||||||**Total at**||||Total at|
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|**31 March**|Unrestricted|Restricted|Endowment|31 March|
||Note|Funds £000|Funds £000|Funds £000|**2022 £000**|Funds £000|Funds £000|Funds £000|2021 £000|
|**Fixed assets**||||||||||
|Investments|12|12,503|1,187|50|**13,740**|11,223|1,523|47|12,793|
|Intangible fxed assets|14|40|0|0|**40**|55|0|0|55|
|Other tangible fxed assets||4|0|0|**4**|5|0|0|5|
|**Total fxed assets**||**12,547**|**1,187**|**50**|**13,784**|11,283|1,523|47|12,853|
|**Current assets**||||||||||
|Debtors|17|241|269|0|**510**|72|363|0|435|
|Short term investments|13|4,678|741|0|**5,419**|4,992|421|0|5,413|
|Cash at bank and in hand||3,050|484|0|**3,534**|1,979|167|0|2,146|
|Stock|15|0|0|0|**0**|22|0|0|22|
|**Total current assets**||**7,969**|**1,494**|**0**|**9,463**|7,065|951|0|8,016|
|**Liabilities**||||||||||
|Creditors: Amounts falling due within
one year|18|3,757|1,024|0|**4,781**|3,440|484|0|3,924|
|**Total current liabilities**||**3,757**|**1,024**|**0**|**4,781**|3,440|484|0|3,924|
|||||||||||
|**Net current assets/(liabilities)**||**4,212**|**470**|**0**|**4,682**|3,625|467|0|4,092|
|||||||||||
|**Total assets less current liabilities**||**16,759**|**1,657**|**50**|**18,466**|14,908|1,990|47|16,945|
|Creditors: Amounts falling due
after more than one year|18|175|202|0|**377**|0|104|0|104|
|**Total net assets**||**16,584**|**1,455**|**50**|**18,089**|14,908|1,886|47|16,841|
|**Funds of the Charity**|22|||||||||
|Endowment funds||-|-|50|**50**|-|-|47|47|
|Restricted||-|1,455|-|**1,455**|-|1,886|-|1,886|
|Unrestricted||16,584|-|-|**16,584**|14,908|-|-|14,908|
|**Total funds**||**16,584**|**1,455**|**50**|**18,089**|14,908|1,886|47|16,841|
_The accompanying notes are an integral part of the financial statements. The financial statements on pages 54 to 68 were approved by the Board of Trustees on 5/10/2022 and signed on its behalf by:_
## **Statements of Cash Flows**
## for year ending 31 March 2022
|**Statements of Cash Flows**
for year ending 31 March 2022||||
|---|---|---|---|
|||2021/22 Total|2020/21 Total|
||Note|Funds £000|Funds £000|
|**Net (expenditure)/income for the year**
**(as per statement of fnancial activities)**||1,248|3,123|
|**Adjustments for:**||||
|Depreciation charges||16|16|
|(Gains)/Losses on investments||(1,031)|(1,903)|
|Investment management charges paid through capital||155|69|
|Dividends and interest on investments||(384)|(330)|
|Increase in debtors||(75)|(105)|
|Decrease in stock||22|5|
|Increase in creditors||1,130|(2,684)|
|**Net cash provided by (used in) operating activities**||**1,081**|**(1,809)**|
|**Cash fow from investing activities**||||
|Dividends and interest on investments (inc short term investments)||384|330|
|Purchase of intangible assets||0|(37)|
|Purchase of plant and equipment||0|(5)|
|Proceeds from sale of investments||1,237|15,332|
|Purchase of investments||(1,308)|(14,092)|
|Increase in short term investments (including re-allocation
from fxed assets investments)||(6)|(761)|
|**Net cash provided by investing activities**||**307**|**767**|
|Change in cash and cash equivalents in the year|24|1,388|(1,042)|
|Cash and cash equivalents brought forward||2,146|3,188|
|**Cash and equivalents carried forward**||**3,534**|**2,146**|
_Notes 1 to 24 form part of these financial statements_
_Signed:_
_Name: Carol Ayre_
_Date: 5th October 2022_
Nottingham Hospitals Charity Annual Report 2021/22
**56**
**57**
## **Notes to the financial statements** for the period ended 31 March 2022
## **1 Company information**
Nottingham University Hospitals Charity (Charity number 1165397) is incorporated in England and Wales as a company limited by guarantee not having a share capital. The address of its registered office is City Hospital, 2 Embley Road, North Road, Nottingham, NG5 1RE.
## **1.1 Accounting Policies**
The following accounting policies have been applied consistently for all years in dealing with items that are considered material in relation to the financial statements of the Charity.
## **1.2 Basis of Preparation**
The financial statements have been prepared on a going concern basis as a public benefit Charity, under the historical cost convention, as modified for the revaluation of certain investments which are included at market value, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP [FRS102]), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
## **1.3 Going Concern**
The Charity’s cash balances and unrestricted reserves position are sufficient to absorb shortterm deficits if required. The Charity has utilised the Furlough scheme.
The Trustees consider that there are no material uncertainties regarding the Charity’s ability to continue as a going concern. With respect to the next reporting period, 2022/23, the most significant area of uncertainty that affects the carrying value of assets held by the Charity is the performance of investment markets (see the ‘investment policy’ and ‘managing risks’ sections of the Annual Report for more information) and the continued effect of coronavirus on income.
The financial forecasts prepared by the executive team show that the Charity will be able to operate with the resources available to it and for this reason, the Trustees continue to adopt the going concern basis in preparing the accounts.
## **1.4 Income Recognition**
All incoming resources are included in full in the Statement of Financial Activities as soon as the following three factors are met:
- i. entitlement - when control over the rights or other access to the economic benefit has passed to the Charity
- ii. probable - it is more likely than not that the economic benefit associated with the transaction or gift will flow to the Charity
- iii. measurement - the monetary value or amount of income can be measured reliably, and the costs incurred to complete the transaction can be measured reliably
- a. Legacies
Receipt of a legacy is recognised when it is probable that it will be received. Receipt is normally probable when there has been grant of probate; the executors have established that there are sufficient funds in the estate, after settling any liabilities, to pay the legacy and any conditions attached to the legacy are either within the control of the Charity or have been met.
## b. Income from Investments
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank. Other investment income is recognised once notification has been received of the income due.
- c. Income from Trading Activities
Includes income from fundraising events and trading activities to raise funds for the Charity. Income is exchanged for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
## d. Gifts in Kind
- i. Assets given for distribution by the Charity are included in the Statement of Financial Activities only when distributed.
- ii. Assets given for use by the funds (e.g. property for its own occupation) are included in the Statement of Financial Activities as incoming resources when receivable.
- iii. Gifts made in kind but on trust for conversion into cash and subsequent applications by the funds are included in the accounting period in which the gift is sold.
In all cases the amount at which gifts are brought into account is either a reasonable estimate of their value to the Charity or the amount actually realised. The basis of the valuation is disclosed in the Annual Report.
- There were no gifts in kind included in income and expenditure during 2021/22.
## **1.5 Expenditure Recognition**
The 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.
The Charity is not registered for VAT and irrecoverable VAT is charged against the category of resources expended for which it was incurred.
- a. Costs of Raising Funds
The costs of raising funds are the costs associated with generating income for the funds held on trust. This will include the cost associated with fundraising and communications and investment management. A 10% charge is allocated to funds based on income received during the year.
- b. Grants Payable
All liabilities and constructive obligations are recognised in the Statement of Financial Activities in the year in which approval is given by Trustees, regardless of the due date for payment. Grants payable are payments made to third parties (including NHS bodies) in the furtherance of the charitable objectives of the Charity i.e. “any charitable purpose or purposes relating to the general or any specific purposes of the Nottingham University Hospitals NHS Trust or any purposes relating to the NHS”. These are included under Charitable Activities in the Statement of Financial Activities.
- c. Charitable Activities
- Costs of charitable activities comprise all costs identified as wholly or mainly incurred in the pursuit of the charitable objectives of the Charity. These costs are direct costs together with an apportionment of governance and support costs as shown in note 8.
- d. Governance and Support Costs
Governance costs comprise all costs identifiable as wholly or mainly attributable to ensuring the public accountability of the Charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees. Support costs are the administrative costs of awarding, monitoring and assessing grants, and the running costs of the Charity. Both governance and support costs have been allocated to Charitable Activities in accordance with Charities SORP (FRS102) on the basis of value of grants issued. Note 7 shows the list of these costs over the different headings. Note 8 shows the governance and support costs allocated to the different Charitable Activities on the basis of value of grants awarded within each category. A 2% charge is allocated to funds on the basis of closing balance.
## **1.6 Structure of Funds**
- a. Restricted Funds
Where there is a legal restriction imposed by donors on the purpose to which a fund may be used, the fund is classified in the accounts as a restricted fund. Descriptions of these
Nottingham Hospitals Charity Annual Report 2021/22
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**59**
funds are provided in note 22. Income and expenditure is shown separately within the Statement of Financial Activities and analysed into its component parts in note 22.2.
## b. Endowment Funds
Funds where the capital is held to generate income for charitable purposes and cannot itself be spent are accounted for as endowment funds. The Charity has one endowment fund: The Nottingham Children’s Samaritan Fund.
- c. Unrestricted/Designated Funds
Unrestricted funds are available for use at the discretion of Trustees. In cases where the non-binding wishes of a donor are known or where the Trustees, at their discretion, have created a specific fund for a specific purpose, designated funds have been established. Income and expenditure is shown separately within the Statement of Financial Activities and analysed into its component parts in note 22.3.
## **1.7 Fixed Assets**
- a. Capitalisation
- All assets falling into the following categories are capitalised:
- i. tangible assets which are capable of being used for more than one year, and have a cost equal to or greater than £5,000;
- ii. groups of assets which are capable of being used for more than one year, and have a cost equal to or greater than £5,000;
- iii. computer software licences are capitalised as intangible assets where they are capable of being used for more than one year and have a cost, individually or as a group, equal to or greater than £5,000.
- b. Valuation
- i. Tangible fixed assets are stated at cost less depreciation.
- ii. Intangible fixed assets held for operational use are valued at historical cost less depreciation.
## c. Investments
Fixed and current asset investments consist of long-term and short-term investments that are recognised as:
- i. Quoted stocks and shares are included in the balance sheet at market value at the balance sheet date.
- ii. Cash investments are held at cost plus accrued interest.
## **1.8 Financial Instruments**
The Charity has chosen to adopt Section 11 of FRS102 in respect of financial instruments.
## **1.9 Realised Gains and Losses**
All gains and losses are taken to the Statement of Financial Activities as they arise. 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). 20% of gains or losses in year are allocated to funds on the basis of closing balance.
## **1.10 Current Assets and Liabilities**
- a. Assets and liabilities are recognised at the amount receivable or payable including any related transaction costs.
- b. Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
- c. Stocks are stated at the lower of cost and estimated selling price less costs to complete to sell.
## **1.11 Leases**
Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the SoFA on a straight line basis over the period of the lease.
Lease costs are shown in note 23.
## **1.12 Pension Contributions**
The Charity operates two pension schemes, a defined benefit scheme for employees TUPED from Nottingham University Hospitals NHS Trust on 1 April 2018 and a defined contribution scheme for employees employed directly by the Charity since 1 April 2013.
Details of the NHS Pension scheme can be found at www.nhsbsa.nhs.uk/pensions. The scheme is not designed to be operated in a way that would enable the Charity to identify its share of the underlying scheme assets and liabilities. Therefore, the scheme is accounted for as if it were a defined contribution scheme: the cost of participating in the scheme is taken as equal to the contributions payable to the scheme for the accounting period.
Members of the NHS Pension scheme contributed between 5% and 13.5% in 2021/22 while the employer contribution rate is 14.38% of pensionable pay.
The defined contribution scheme is the National Employment Savings Trust (NEST), a government workplace pension scheme with phased minimum employee and employer contributions based on qualifying earnings. The qualifying earnings band is reviewed by the government each year.
The cost of the employer pension contributions to the NHS Pension Scheme and NEST is charged, along with other governance and support costs (as analysed at notes 6 and 7) to the Statement of Financial Activities under the headings Charitable Activities and Governance and Support Costs. A breakdown of staff costs can be seen in note 10.
## **1.13 Related Party Transactions and Trustees’ Expenses and Remuneration**
Patients of Nottingham University Hospitals NHS Trust (NUH Trust) are the main beneficiaries of the Charity. The Charity has made grants to NUH Trust and these are detailed in note 9.
None of the Trustees or parties related to them, have received remuneration or received any other benefits from employment with the Charity. The
Trustees have purchased indemnity insurance at a cost of £6,000 for £5 million of cover (2020/21: £4,667 for £1 million cover).
During the year ended 31 March 2022, Trustees have received no reimbursements for expenses or other related costs (2020/21: £0).
## **1.14 Accounting Judgements**
## **and Key Sources of Estimation Uncertainty**
In the application of the Charity’s accounting policies, which are described in note 1, the Trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The Trustees do not consider there are any critical judgements of sources of estimation uncertainty requiring disclosure beyond the accounting policies listed.
Nottingham Hospitals Charity Annual Report 2021/22
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## **2. Analysis of Income from Legacies and Donations**
||Unrestricted|Restricted|Endowment|**2021/22 Total**|Unrestricted|Restricted|Endowment|2020/21 Total|
|---|---|---|---|---|---|---|---|---|
||Funds £000|Funds £000|Funds £000|**Funds £000**|Funds £000|Funds £000|Funds £000|Funds £000|
|Legacies|1,284|237|0|**1,521**|1,378|107|0|1,485|
|General donations|1,534|877|0|**2,411**|2,036|456|0|2,492|
|Government grant|7|0|0|**7**|21|0|0|21|
|**Total**|**2,825**|**1,114**|**0**|**3,939**|**3,435**|**563**|**0**|**3,998**|
The £7,000 government grant in 2021/22 represents income from the Furlough Scheme (2020/21 £21,000).
## **3. Income from Charitable Activities**
This category includes income from charitable activities representing contractual payments from other organisations to fund the provision of services.
## **4. Income from Other Trading Activities**
## **7. Allocation of Governance and Support Costs**
An explanation as to the allocation of support and governance costs to the following categories can be found in the notes to the accounts, reference 1.5(c).
||**2021/22**
**total £000**
2020/21
total £000|
|---|---|
|**Governance costs**
Salaries and associated costs
Audit
Legal
Other governance costs
**Financial and support costs**
Salaries and associated costs
Information technology and licence costs
Other support costs|90
85
12
9
10
10
23
29|
||**135**
**133**|
||187
164
31
55
69
55|
||**287**
**274**|
|**Total governance support**|**422**
**407**|
This category includes income from trading activities including income earned to raise funds for the Charity from fundraising events under the management of the Charity, sponsorship and the sale of goods.
Our general volunteers represent the Charity as part of our community fundraising team at fundraising and
local events. General volunteer time is not recognised in the accounts.
## **5. Analysis of Gross Income From Investments (Including Short Term Investments)**
|
**Investments)**|||||||
|---|---|---|---|---|---|---|
||Held in|Held outside|**2021/22**|Held in|Held outside|2020/21|
||UK £000|UK £000|**total £000**|UK £000|UK £000|total £000|
|Investments listed on Stock Exchange|8|12|**20**|103|93|196|
|Investments in a Common Deposit Fund or Common
Investment Fund|348|0|**348**|6|0|6|
|Cash held (including short term)|9|0|**9**|15|0|15|
|Other investments|7|0|**7**|102|11|113|
|**Total**|**372**|**12**|**384**|**226**|**104**|**330**|
## **8. Analysis of Charitable Expenditure**
|||Activities||||Activities|||
|---|---|---|---|---|---|---|---|---|
||Grants|undertaken|Support|**2021/22**|Grants|undertaken|Support|2020/21|
||£000|directly £000|costs £000|**total £000**|£000|directly £000|costs £000|total £000|
|Patients welfare and facilities|1,879|17|264|**2,160**|1,179|21|233|1,433|
|Staff welfare and development|459|0|65|**524**|430|0|85|515|
|Research|509|0|72|**581**|116|0|23|139|
|Building and refurbishment|146|0|21|**167**|336|0|66|402|
|**Total**|**2,993**|**17**|**422**|**3,432**|**2,061**|**21**|**407**|**2,489**|
Each restricted fund is charged a contribution towards support and governance costs as a proportion of total funds held, in recognition that these costs are incurred in respect of all funds. In 2021/22 this charge was £62,023 (2020/21: £68,723).
## **9. Analysis of Grants to Institutions**
## **6. Analysis of Expenditure on Raising Funds**
||**2021/22 total**|2020/21 total|
|---|---|---|
||**costs £000**|costs £000|
|Fundraising salaries|490|454|
|Fundraising expenses|160|147|
|Investment management fees|147|69|
|**Total**|**797**|**670**|
The Charity has approved grants to institutions, as follows:
||**2021/22**|2020/21|
|---|---|---|
|**Name of institution**|**total £000**|total £000|
|Nottingham University Hospitals NHS Trust|**2,723**|1,768|
|University of Nottingham|**270**|193|
|Redthread|**0**|100|
|**Total**|**2,993**|**2,061**|
Costs of raising funds are incurred to generate all voluntary income for the Charity, including legacies and donations, as included in note 2.
> Nottingham Hospitals Charity Annual Report 2021/22 **63**
**62**
## **10. Analysis of Staff Costs**
## **15. Stock**
||||
|---|---|---|
|**2021/22**
**total £000**
2020/21
total £000
Salaries and wages
**651**
610
National Insurance
**66**
57
Other pension costs
**50**
48
**Total staff costs**
**767**
715
The head count for staff in this year was:
**21**
19
Average full time equivalent
**18**
17
**10. Analysis of Staff Costs**
**10.1 Senior Employees**
The key management personnel of the Charity
comprise the Trustees, the Chief Executive
Offcer, the Finance Director and the Director of
Development. The Trustees were not paid and did
not receive any other benefts from employment
with the Charity.|**Market value at 31**
**March**
Held in
UK £000
Held
outside
UK £000
**2022**
**total**
**£000**
2021
total
£000
Investments listed on
Stock Exchange
89
2,352
**2,441**
0
Other UK fxed interest
528
0
**528**
0
Index linked funds
0
285
**285**
0
Investments in
Common Investment
Fund
9,258
0
**9,258**
12,752
Cash held as part
of the investment
portfolio
1,237
0
**1,237**
0
Currency funds
0
0
**0**
0
Accrual: investment
management fee held
against capital
(19)
0
**(19)**
(16)
Other investments
10
0
**10**
57
**11,103**
**2,637**
**13,740**
**12,793**
**13 Short Term Investments**
Unrestricted
funds £000
Restricted
funds £000
Endowment
funds £000
**Total**
**transfer**
**2021/22**
**£000**
127
(127)
0
0
(34)
34
0
**0**
**93**
**(93)**
**0**
**0**
**16. Transfer Between Funds**
QMC Association
for post graduate
education
de-restricted
**15. Stock**
The Charity Hub was closed during the frst
Covid-19 lock-down in March 2020 and no
date has yet been established for its reopening.
Therefore, stock held for re-sale has been written
off at the balance sheet date.
Contribution of
general funds to
restricted projects||
|||127
(127)
0
0|
|||(34)
34
0
**0**|
|||**93**
**(93)**
**0**
**0**|
The key management personnel of the Charity comprise the Trustees, the Chief Executive Officer, the Finance Director and the Director of Development. The Trustees were not paid and did not receive any other benefits from employment with the Charity.
## **13. Short Term Investments**
The total employee benefits of key management of the Charity including employer pension contributions were £275,493 (2020/21: £277,514).
This category includes cash on deposit and cash equivalents with a maturity of less than one year held for investment purposes.
Transfers arise where a contribution is made by one fund towards the income or expenditure of another or where there is the transfer of a balance to another fund so that it follows the service to which it relates.
Senior Management bandings (benefits, excluding pension contributions) as follows:
## **14. Intangible/Tangible Fixed Assets**
|
pension|
contributions) as follows:|||
|---|---|---|---|
|||**2021/22**|2020/21|
|£50,000|- £59,999|**1**|0|
|£60,000|- £69,999|**0**|1|
|£70,000|- £79,999|**1**|1|
|£80,000|- £89,999|**0**|0|
|£90,000|- £99,999|**1**|1|
## **17. Analysis of Debtors**
Intangible fixed assets include an IT system which is held at cost less accumulated amortisation based on estimated useful economic life.
|**17. Analysis of Debtors**|||
|---|---|---|
||**2022**|2021|
|**At 31 March**|**£000**|£000|
|Debtors falling due within one year:|||
|Prepayments|**22**|31|
|Accrued income|**488**|404|
|**Total debtors falling due within one year**|**510**|**435**|
|No debtors were due after more than one year at either 31 March 2022||or 31|
|March 2021.|||
Employer’s pension costs for these employees amount to £25,216 (2020/21: £25,574)
||Assets|Other|Total|
|---|---|---|---|
||under
construction|intangible
fxed assets|intangible
fxed assets|
||£000|£000|£000|
|**Costs**||||
|Balance at 1 April 2021|0|71|71|
|Additions|0|0|0|
|Disposals|0|0|0|
|**Balance at 31 March 2022**|**0**|**71**|**71**|
|**Accumulated**||||
|**depreciation**||||
|Balance at 1 April 2021|0|16|16|
|Charge for the year|0|15|15|
|**Balance at 31 March 2022**|**0**|**31**|**31**|
|**Net book value at 31**
**March 2022**|**0**|**40**|**40**|
## **11. Auditors’ Remuneration**
Total external audit fees for Cooper Parry in respect of statutory audit are £12,000 inclusive of VAT, which represents the auditor’s remuneration for 2021/22 (2020/21: £9,270).
## **18. Analysis of Creditors**
|**18. Analysis of Creditors**|||
|---|---|---|
||**2022**|2021|
|**At 31 March**|**£000**|£000|
|Amounts falling due within one year:|||
|Grant accruals (note 18.1)|**4,671**|3,751|
|Deferred income|**0**|0|
|Other creditors|**110**|173|
|**Total creditors falling due within one year**|**4,781**|**3,924**|
|Amounts falling due within one year:|||
|Grant accruals (note 18.1)|**377**|104|
|**Total creditors falling due after more**
**than one year**|**377**|**104**|
## **12. Fixed Asset Investment**
|**Movement in fxed asset**|Investments|Cash held|**Total**|
|---|---|---|---|
|**investments:**|£000|£000|**£000**|
|Market value brought forward|12,793|0|**12,793**|
|Add: Acquisitions at cost|71|1,237|**1,308**|
|Less: Disposals at carrying value|(1,237)|0|**(1,237)**|
|Net gain/(loss) on revaluation|1,031|0|**1,031**|
|Investment fees paid against
capital|(155)|0|**(155)**|
|**Market value at 31 March 2022**|**12,503**|**1,237**|**13,740**|
Computer equipment purchased in 2020/21 at a cost of £5,976 and depreciated by £2,390 has been categorised under tangible fixed assets (having a cost equal to or greater than £5,000). The value of this equipment now stands at £3,586.
## **18.1 Analysis of Grant Accruals**
||**2022**|2021|
|---|---|---|
|**At 31 March**|**£000**|£000|
|**Outstanding grant accruals brought forward**|**3,855**|6,200|
|Additions during the period|**2,660**|2,271|
|Amounts charged against the provision|**(1,367)**|(4,149)|
|Adjustments in the period|**(100)**|(467)|
|**Outstanding grant accruals at 31 March**|**5,048**|**3,855**|
|Amounts falling due within one year|**4,671**|3,751|
|Amounts falling due after more than one year|**377**|104|
|**Outstanding grant accruals at 31 March**|**5,048**|**3,855**|
## **19. Provisions for Liabilities and Charges**
There are no grants payable whose values require subjective estimation and therefore no provisions have been included in this set of accounts. Note 1.5(b) refers to the accounting treatment of Charity grants.
## **20. Contingent Liabilities**
The following items relate to charitable grants where Trustees had not given formal approval at the balance sheet date; these grants have therefore not been recognised in the accounts:
||**2021/22**|2020/21|
|---|---|---|
||**£000**|£000|
|Pump-priming research grants from general
research funds|**150**|150|
|Emergency care (previously designated to the
helipad)|**15**|53|
|Myeloma Research Fellowship (restricted legacy)|**141**|201|
|**Total**|**306**|**404**|
## **21. Loans and Guarantees**
There are no loans or guarantees secured against the assets of the Charity.
Nottingham Hospitals Charity Annual Report 2021/22
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**65**
## **22. Analysis of Charitable Funds**
||Balance 31|Income|Expenditure|Transfers|Gains &|**Balance**|**31**|
|---|---|---|---|---|---|---|---|
|**1. Endowment funds**|March 2021 £000|£000|£000|£000|losses £000|**March 2022 £000**||
|Nottingham Children’s Samaritan Fund|47|0|0|0|3||**50**|
|**Total**|**47**|**0**|**0**|**0**|**3**||**50**|
||Balance 31|Income|Expenditure|Transfers|Gains &|**Balance**|**31**|
|**Endowment funds - prior year**|March 2020 £000|£000|£000|£000|losses £000|**March 2021 £000**||
|Nottingham Children’s Samaritan Fund|39|0|0|0|8||**47**|
|**Total**|**39**|**0**|**0**|**0**|**8**||**47**|
|**Detail of material endowment funds**||||||||
|**Name of fund**|**Description of the nature and purpose of each fund**|||||||
|Nottingham Children’s Samaritan Fund|For the beneft of needy children who are patients or recently discharged patients of any hospital|||||||
||administered within the Nottingham Health District or needy children who reside in or near the City|||||||
||of Nottingham but who are receiving treatment elsewhere.|||||||
## **2. Restricted funds**
|**2. Restricted funds**|||||||
|---|---|---|---|---|---|---|
||Balance 31|Income|Expenditure|Transfers|Gains &|**Balance 31**|
|**Material funds: name of fund**|March 2021 £000|£000|£000|£000|losses £000|**March 2022 £000**|
|Motor Neurone Disease Research|274|8|(12)|0|3|**273**|
|Myeloma Research Fellowship|201|5|(67)|0|2|**141**|
|Nottingham Children’s Samaritan Fund|69|4|(11)|15|7|**84**|
|Palliative Care Fund|251|111|(291)|0|3|**74**|
|Postgraduate Multidisciplinary Education Fund|127|0|0|(127)|0|**0**|
|Big Appeal|106|3|(110)|0|1|**0**|
|Gynae-Oncology Research|50|1|(2)|0|0|**49**|
|Cardiac Services|51|6|(3)|0|0|**54**|
|Staff Health and Wellbeing Programme|330|8|(372)|34|0|**0**|
|Clinical Haematology|0|80|(80)|0|0|**0**|
|Amanda Lee Coppel Fund|0|260|0|0|0|**260**|
|NHS Charities Together (NHSCT)|0|428|(428)|0|0|**0**|
|Restricted Fund Reserve Account|137|0|(11)|(15)|59|**170**|
|Others (15)|290|243|(189)|0|6|**350**|
|**Total**|**1,886**|**1,157**|**(1,576)**|**(93)**|**81**|**1,455**|
## **Restricted funds - prior year**
|**Restricted funds - prior year**|||||||
|---|---|---|---|---|---|---|
||Balance 31|Income|Expenditure|Transfers|Gains &|**Balance 31**|
|**Material funds: name of fund**|March 2020 £000|£000|£000|£000|losses £000|**March 2021 £000**|
|Motor Neurone Disease Research|272|8|(13)|0|7|**274**|
|Myeloma Research Fellowship|199|5|(9)|0|6|**201**|
|Nottingham Children’s Samaritan Fund|73|4|(9)|0|1|**69**|
|Palliative Care Fund|314|85|(151)|0|3|**251**|
|Postgraduate Multidisciplinary Education Fund|128|3|(7)|0|3|**127**|
|Big Appeal|105|3|(5)|0|3|**106**|
|Gynae-Oncology Research|49|1|(2)|0|2|**50**|
|Cardiac Services|51|1|(2)|0|1|**51**|
|Staff Health and Wellbeing Programme|0|372|(52)|0|10|**330**|
|Restricted Revaluation Fund|0|0|(7)|0|144|**137**|
|Others (20)|274|122|(114)|1|7|**290**|
|**Total**|**1,465**|**604**|**(371)**|**1**|**187**|**1,886**|
## **Detail of material restricted funds**
|**Detail of material restricted funds**||
|---|---|
|**Name of fund**|**Description of the nature and purpose of each fund**|
|Motor Neurone Research|A legacy fund to support research into Motor Neurone Disease.|
|Myeloma Research Fellowship|A legacy fund established for a fellowship called the Stanley & Marion Irish Nee Bethell fellowship|
||for support of multiple myeloma research in the Academic Department of Haematology.|
|Nottingham Children’s Samaritan Fund|For the beneft of needy children who are patients or recently discharged patients of any hospital|
||administered within the Nottingham Health District or needy children who reside in or near the City|
||of Nottingham but who are receiving treatment elsewhere.|
|Palliative Care Fund|A legacy fund to support care and treatment for Palliative Care.|
|Postgraduate Multidisciplinary Education Fund|To further the promotion and advancement of postgraduate education, study, general knowledge|
||and research in the general area of medicine embracing professional services.|
|Big Appeal|Appeal funds raised to provide equipment and improve facilities at Nottingham’s Children’s|
||Hospital.|
|Gynae-Oncology|A legacy fund to support care and treatment for Gynae-Oncology patients.|
|Cardiac Services|A legacy fund to provide cardiac care including equipment and research.|
|Staff Health and Wellbeing Programme|A grant to fund staff programmes across NUH.|
|Amanda Lee Coppel Fund|For the beneft of special needs children and young adults who are NHS patients within|
||Nottinghamshire.|
|NHSCT|Restricted grants provided by NHS Charities Together to fund projects across Nottingham City,
South and North Nottinghamshire.|
|Restricted Revaluation Fund|Accumulated Revaluation Fund in relation to restricted funds.|
|Clinical Haematology|Specifc donation to fund ward improvements in Clinical Haematology.|
## **3. Unrestricted funds**
## **Detail of material unrestricted funds**
|The following funds are held to support general or research projects within the|The following funds are held to support general or research projects within the|designated|division or specialty:|division or specialty:|||
|---|---|---|---|---|---|---|
||Balance 31|Income|
Expenditure|Transfers|Gains &|**Balance 31**|
||March 2021 £000|£000|£000|£000|losses £000|**March 2022 £000**|
|**Designated Funds**|||||||
|Breast Fund|631|95|(23)|0|3|**706**|
|Children’s Hospital including Big Appeal|1,489|287|(272)|(108)|18|**1,414**|
|Emergency Care (formerly Helipad Fund)|41|0|0|(15)|0|**26**|
|Lead Appeal Gift Fund|1,300|0|0|(650)|0|**650**|
|Nephrology Research Fund|401|193|(99)|0|6|**501**|
|Palliative Care|2,560|274|(137)|(702)|23|**2,018**|
|Research General|452|25|(41)|0|5|**441**|
|Staff Development Fund|465|168|(30)|0|8|**611**|
|Stroke Services|0|12|(18)|483|6|**483**|
|Revaluation Fund|1,982|0|0|7|672|**2,661**|
|Other designated funds (145)|4,216|1,906|(1,400)|428|183|**5,333**|
|**Total designated funds**|**13,537**|**2,960**|**(2,020)**|**(557)**|**924**|**14,844**|
|**Reserves**|||||||
|General funds (including Directorate Support and|||||||
|NUH Development)|1,371|329|(633)|650|23|**1,740**|
|**Total reserves**|1,371|329|(633)|650|23|**1,740**|
|**Total unrestricted funds**|**14,908**|**3,289**|**(2,653)**|**93**|**947**|**16,584**|
Funds with an opening or closing balance in excess of 3% of total restricted funds are classified as material.
> Nottingham Hospitals Charity Annual Report 2021/22 **67**
**66**
## **Detail of material unrestricted funds - prior year**
|**Detail of material unrestricted funds - prior year**|||||||
|---|---|---|---|---|---|---|
||Balance 31|Income|Expenditure|Transfers|Gains &|**Balance 31**|
||March 2020 £000|£000|£000|£000|losses £000|**March 2021 £000**|
|**Designated funds**|||||||
|Breast Fund|542|88|(17)|0|18|**631**|
|Children’s Hospital including Big Appeal|1,179|466|(196)|0|40|**1,489**|
|Emergency Care (formerly Helipad Fund)|53|0|(13)|0|1|**41**|
|Lead Appeal Gift Fund|1,300|0|0|0|0|**1,300**|
|Nephrology Research Fund|428|2|(32)|0|3|**401**|
|Palliative Care|1,392|760|352|0|56|**2,560**|
|Research General|437|3|0|0|12|**452**|
|Staff Development Fund|0|512|(61)|0|14|**465**|
|Revaluation Fund|659|0|(61)|0|1,384|**1,982**|
|Other designated funds (132)|4,479|1,037|(1,439)|(1)|140|**4,216**|
|**Total designated funds**|**10,469**|**2,868**|**(1,467)**|**-1**|**1,668**|**13,537**|
|**Reserves**|||||||
|General funds (including Directorate Support and|||||||
|NUH Development)|1,745|907|(1,321)|0|40|**1,371**|
|**Total designated funds**|**1,745**|**907**|**(1,321)**|**0**|**40**|**1,371**|
|**Total unrestricted funds**|**12,214**|**3,775**|**(2,788)**|**(1)**|**1,708**|**14,908**|
Funds with an opening or closing balance in excess of 3% of total unrestricted funds are classified as material.
## **The following transfers between material funds were made in 2021/22:**
- a. A transfer of £650,000 from the Lead Gift Appeal Fund to General Fund; funds earmarked for the Paediatric Imaging project were returned to General Funds as this project has faced significant delays and is at risk.
## **Reference and administrative details of the Charity**
**Charity name:**
Nottingham University Hospitals Charity Nottingham Hospitals Charity 1165397
**Other names used: Registered number: Charity’s Objects:**
Any charitable purpose relating to Nottingham University Hospitals NHS Trust or the purposes of the health service. 9978675
**Company registration no: Registered office:**
Nottingham University Hospitals Charity, 2 Embley Road, Nottingham NG5 1RE. 0115 962 7905
**Telephone: Email: Web address:**
charity@nuh.nhs.uk
www.nottinghamhospitalscharity.org.uk
- b. Palliative Care expenditure in 2020/21 was incorrectly reported in the above breakdown, therefore this is corrected in the 2021/22 schedule.
- c. The Stroke Services fund was previously categorised within ‘Other designated funds’, as funds help are over 3% materiality.
## **3. Unrestricted funds**
## **Advisors:**
## **Detail of material unrestricted funds**
|**Name of fund**|**Description of the nature and purpose of each fund**|
|---|---|
|Breast Fund|Designated fund to support Breast Services at Nottingham University Hospitals Trust (NUH).|
|Children’s Hospital including Big Appeal|Designated appeal fund to support Nottingham Children’s Hospital.|
|Emergency Care (formerly Helipad Fund)|Former appeal funds that have been repurposed to support Emergency Care.|
|Lead Appeal Gift Fund|Designated fund to support Charity major appeals.|
|Nephrology Research Fund|Designated fund to support Nephrology Research at NUH.|
|Palliative Care|Designated fund to support Palliative Care and Hayward House at NUH.|
|Research General|Designated fund to support research projects at NUH.|
|Staff Development Fund|Designated fund to support staff development related projects at NUH.|
|Stroke Services|Designated fund to support Stroke Services at NUH.|
|Revaluation Fund|Accumulated Revaluation Fund.|
|NUH Development|Unrestricted fund to support innovation projects at NUH.|
|Directorate Support|Unrestricted fund to provide support for cross hospital projects.|
## **23. Leasing Commitments**
## **24. Analysis of Changes in Net Debt**
The Charity’s future minimum operating lease payments are as follows:
## **Bankers:**
**National Westminster Bank PLC** 16 South Parade, Nottingham. NG1 2JX
## **Investment Managers:**
**Sarasin CCLA** Juxon House, Senator House, 100 St Paul’s Churchyard, 85 Queen Victoria Street, London. London. EC4M 8BU EC4V 4ET
## **Solicitors:**
**Browne Jacobson LLP** Mowbray House, Castle Meadow Road, Nottingham. NG2 1BJ
## **Auditors:**
**Cooper Parry Group Limited** Sky View, Argosy Road, East Midlands Airport, Derby. DE74 2SA
|**2021/22**
**£000**
2020/21
£000
Within one year
**5**
5
Between one and fve years
**20**
20
Over fve years
**8**
13|At 01
April 2021
£000
Cash
fows
£000
Other
changes
£000
**At 31**
**March**
**2022 £000**|
|---|---|
||Cash at bank and
in hand
2,146
1,388
-
**3,534**
**Total**
2,146
1,388
0
**3,534**|
**68**
Thank you to our generous donors for supporting us throughout 2021/22.
If you would like to find out more about how to make a donation, take part in a fundraising event or leave a gift in your Will, please visit
## **nottinghamhospitalscharity.org.uk/annualreport2022**
or contact us: **Telephone:** 0115 962 7905 **Email:** charity@nuh.nhs.uk
**Alternatively, donate online today by scanning the QR code below:**
@NottinghamHospitalsCharity @NUHCharity @NUH_Charity
Nottingham University Hospitals Charity registered in England & Wales no. 1165397. Company Limited by Guarantee registered in England no. 9978675.