2020-12-31-accounts - Rochdale Occupational Health Service Limited

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REGISTERED COMPANY NUMBER: 712806 (England and Wales) REGISTERED CHARITY NUMBER: 222649

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

Wyatt, Morris, Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	14
Detailed Statement of Financial Activities	15	to	16

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2020

TRUSTEES	M Oddy (resigned 21.7.20)
	Mrs S Rigby
	Dr V Kisnah
	D Hazell
COMPANY SECRETARY	Mrs H M Yates
REGISTERED OFFICE	Nuffield House
	College Road
	Rochdale
	Lancashire
	OL12 6AE
REGISTERED COMPANY NUMBER	712806 (England and Wales)
REGISTERED CHARITY NUMBER	222649
INDEPENDENT EXAMINER	Wyatt, Morris, Golland Ltd
	Park House
	200 Drake Street
	Rochdale
	Lancashire
	OL16 1PJ

Page 1

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The company is a charity, and aims to provide a confidential and specialist occupational health service in order to promote and maintain the health of those at work, and to encourage a safe working environment.

Rochdale Occupational Health Service Limited also aims to provide training courses with the purpose of ensuring that trained personnel can provide immediate attention and first aid practices, under The Health and Safety (First Aid) Regulations 1981, for people who suffer illness or injury at work.

The company's main objectives are to provide the professional skills and standards with which to carry out those practices in accordance with its Memorandum and Articles of Association.

When planning our activities for the year, the trustees have considered the commission's guidance on public benefit and in particular the trustees have considered how planned activities will contribute to the aims and objectives they have

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Medical Assessment and Screening Services

Rochdale Occupational Health Service stress the importance for companies to have in place policies that will help to prevent work related ill health and injury, and an effective occupational health service can contribute to a company's productivity by addressing the ethical issues of balancing business and individual employee needs.

To aid sickness absence management in companies, the Occupational Health Physician provides medical assessment for employees who are absent from work due to sickness or injury so that a planned outcome can be advised towards rehabilitating people back to work.

HAVS SERVICE (Hand Arm Vibration Syndrome)

The service provides assistance in carrying out health surveillance on those employees exposed to vibration tools, under the Control of Vibration at Work Regulations 2005.

FIRST AID TRAINING SERVICES

The company is pleased to report that 327 people attended either a 3-day First Aid at Work course or 2-day Requalification course; and, 85 people attended a 1-day Emergency First Aid at Work course. A further 171 people attended courses for training in:-

Paediatric first aid training
Automated External Defibrillator

NON MEMBER SERVICE

Companies who require screening and medical services under regulations, but do not wish to take advantage of the membership scheme, approach Rochdale Occupational Health Service to carry out these services on an "as and when required" basis

FINANCIAL REVIEW

Financial position

There was a deficit for the year of £43,335 after accounting for unrealised losses on investments. Unrestricted funds now stand at £235,504.

The deficit arose mainly due to the Coronavirus pandemic which limited the services available to carry out because of various restrictions placed upon the company.

Investment policy and objectives

The management committee have the power to invest in such assets as they see fit. Currently surplus funds are invested in an independently managed unit trust fund, as this should generate a higher return for the charity. Withdrawals from the fund which is included under fixed assets investments can be made with only administrative time notice and are therefore considered to be readily available funds for unforeseeable high expenditure.

Page 2

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

FINANCIAL REVIEW

Reserves policy

The management committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the charity should be approximately six months of the resources expended in the previous twelve months which equates to £191,009 in general funds. At this level, the management committee feel that they would be able to continue the activities of the charity in the event of any significant decrease in funding. At present the free reserves, which amount to £146,069, are considered adequate, but must continue to be managed prudently in order to maintain this level.

FUTURE PLANS

Rochdale Occupational Health Service, through networking with other Occupational Health Providers in the country, are able to manage the occupational health requirements of companies who have multi-sites, thus expanding the business to provide medical and screening services much further afield.

There are many occasions when companies require urgent advice, assistance and guidance for occupational health related matters, and to this end, the staff provide an invaluable service through day-day contact with the members.

The company plans to introduce additional services being Mental Health First Aid Training, Counselling services and Face Fit testing.

The trustees of the charity, also the Committee of Management, meet regularly to pool their expertise to enhance the continuing evolution of the charity, now in its 58th year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 12 January 1962 in the name of Rochdale Industrial Health Service Limited and registered as a charity on 30 January 1964. The name of the company was changed by special resolution on 5 August 1986 to Rochdale Occupational Health Service Limited.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Management Committee

The directors of the charitable company are its trustees for the purpose of charity law. Under the Memorandum and Articles of Association the trustees/directors are referred to as the Council of Management and are referred to in this report as the Management Committee.

The directors are appointed according to the Articles of Association and are referred to as the Management Committee.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.............................................................................. Mrs H M Yates - Secretary

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

Independent examiner's report to the trustees of Rochdale Occupational Health Service Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Patricia Richards F.C.A. D.Ch.A

ICAEW Wyatt, Morris, Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ Date: .............................................

Page 4

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

2020
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
118,470
Other trading activities
2
190,003
Investment income
3
6
Other income
4
42,900
Total
351,379
EXPENDITURE ON
Charitable activities
5
Support costs
4,010
Provision of training and medical reports
369,079
Provision of medical supplies
8,928
Total
382,017
Net gains/(losses) on investments
(12,697)
NET INCOME/(EXPENDITURE)
(43,335)
RECONCILIATION OF FUNDS
Total funds brought forward
278,839
TOTAL FUNDS CARRIED FORWARD
235,504

2019
Total
funds
£
112,994
280,810
315
-
394,119
5,394
518,347
8,748
532,489
12,051
(126,319)
405,158
278,839

The notes form part of these financial statements

Page 5

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

BALANCE SHEET 31 DECEMBER 2020

2020
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
12
89,435
Investments
13
81,816
171,251
CURRENT ASSETS
Stocks
14
1,785
Debtors
15
64,456
Cash at bank and in hand
93,065
159,306
CREDITORS
Amounts falling due within one year
16
(52,152)
NET CURRENT ASSETS
107,154
TOTAL ASSETS LESS CURRENT LIABILITIES
278,405
CREDITORS
Amounts falling due after more than one year
17
(42,901)
NET ASSETS
235,504
FUNDS
20
Unrestricted funds
235,504
TOTAL FUNDS
235,504

2019
Total
funds
£
92,087
119,513
211,600
3,149
78,817
60,143
142,109
(74,870)
67,239
278,839
-
278,839
278,839
278,839

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

Page 6

continued...

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

BALANCE SHEET - continued 31 DECEMBER 2020

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

.............................................

Trustee

The notes form part of these financial statements

Page 7

ROCHDALE OCCUPATIONAL HEALTH SERVICE

LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2.5% on reducing balance Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Investments

Investments held as fixed assets are revalued at mid-market value at the balance sheet date and the gain or loss taken to the Statement of Financial Activities.

Government grants - Covid 19

Government grants are recognised when there is reasonable assurance that the company will comply with the conditions attaching to the grant and the grant will be received.

Following the outbreak of the Covid-19 Pandemic the company furloughed members of staff and took advantage of the government job retention scheme. Grant income is accrued for in the period matching the period the wages were due for. In addition the company applied under the Coronavirus Loan Scheme and received a bank loan. For the first 12 months the government will cover the administration charge and interest. The company has not included a charge for this amount which is classified as government assistance as the amount would not be material to the accounts.

continued...

Page 8

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

2. OTHER TRADING ACTIVITIES

First aid training/training Screening and medicals Sale of medical supplies 3. INVESTMENT INCOME Other fixed asset invest - FII Deposit account interest 4. OTHER INCOME Grants received	2020 £ 89,270 95,949 4,784 190,003 2020 £ - 6 6 2020 £ 42,900	2019 £ 108,031 167,570 5,209
		280,810
		2019 £ 98 217 315 2019 £ -

Following the outbreak of the Covid-19 Pandemic the company furloughed members of staff and took advantage of the government job retention scheme.

5. CHARITABLE ACTIVITIES COSTS

Support costs Provision of training and medical reports Provision of medical supplies 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Consultancy and agency nurses First aid training and agency fees Travelling Telephone Printing, stationery and postage Advertising, promotion and marketing Miscellaneous Training and uniforms Medical materials Premises costs Repairs, renewals and maintenance Bad debts Supplies purchased Insurance Carried forward	Direct Costs (see note 6) £ - 369,079 8,928 378,007	Support costs (see note 7) £ 4,010 - - 4,010 2020 £ 254,149 17,169 28,413 2,026 1,856 5,141 1,156 9,706 1,478 510 10,067 17,353 1,169 8,928 11,892 371,013	Totals £ 4,010 369,079 8,928
			382,017
			2019 £ 246,352 29,499 22,275 7,211 1,775 12,936 480 10,327 468 1,925 11,673 155,025 (209) 8,748 10,952
			519,437

continued...

Page 9

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

6. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued

DIRECT COSTS OF CHARITABLE ACTIVITIES - continued
	2020	2019
	£	£
Brought forward	371,013	519,437
Depreciation	6,994	7,658
	378,007	527,095
SUPPORT COSTS
		Governance
		costs
		£
Support costs		4,010
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	2020	2019
	£	£
Depreciation - owned assets	6,994	7,658

7. SUPPORT COSTS

8. NET INCOME/(EXPENDITURE)

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

10. STAFF COSTS

Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Health services Management and administration No employees received emoluments in excess of £60,000.		2020 £ 214,824 15,055 24,270 254,149 2020 9 2 11		2019 £ 204,952 15,803 25,597
				246,352
				2019 9 2 11

Two key personnel received total emoluments of £78,295.

continued...

Page 10

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricted
	funds
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	112,994
Other trading activities	280,810
Investment income	315
Total	394,119
EXPENDITURE ON
Charitable activities
Support costs	5,394
Provision of training and medical reports	518,347
Provision of medical supplies	8,748
Total	532,489
Net gains on investments	12,051
NET INCOME/(EXPENDITURE)	(126,319)
RECONCILIATION OF FUNDS
Total funds brought forward	405,158
TOTAL FUNDS CARRIED FORWARD	278,839

12. TANGIBLE FIXED ASSETS

COST At 1 January 2020 Additions At 31 December 2020 DEPRECIATION At 1 January 2020 Charge for year At 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019	Freehold property £ 116,168 - 116,168 51,988 1,604 53,592 62,576 64,180	Fixtures and Computer fittings equipment £ £ 119,953 30,109 1,337 3,005 121,290 33,114 92,047 30,108 4,388 1,002 96,435 31,110 24,855 2,004 27,906 1	Totals £ 266,230 4,342
			270,572
			174,143 6,994
			181,137
			89,435
			92,087

continued...

Page 11

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

13. FIXED ASSET INVESTMENTS

	Listed investments £ 119,513 (25,000) (12,697) 81,816 81,816 119,513	Listed investments £ 119,513 (25,000) (12,697) 81,816 81,816 119,513

	£	£

	25,122	37,819
	56,694	81,694
2020 £ 1,785 2020 £ 49,969 14,487 64,456 2020 £ 7,099 17,870 6,580 12,402 8,201 52,152		2019 £ 3,149 2019 £ 63,228 15,589 78,817 2019 £ - 53,047 6,247 6,438 9,138 74,870

continued...

Page 12

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

				2020	2019
				£	£
	Bank loans (see note 18)			42,901	-
18.	LOANS
	An analysis of the maturity of loans is given below:
				2020	2019
				£	£
	Amounts falling due within one year on demand:
	Bank loans			7,099	-
	Amounts falling due between two and five years:
	Bank loans - 2-5 years			42,901	-
19.	LEASING AGREEMENTS
	Minimum lease payments under non-cancellable operating leases fall due as follows:
				2020	2019
				£	£
	Between one and five years			13,971	19,359
20.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.1.20	in funds	31.12.20
			£	£	£
	Unrestricted funds
	General fund		241,020	(30,638)	210,382
	Revaluation fund		37,819	(12,697)	25,122
			278,839	(43,335)	235,504
	TOTAL FUNDS		278,839	(43,335)	235,504
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		£	£	£	£
	Unrestricted funds
	General fund	351,379	(382,017)	-	(30,638)
	Revaluation fund	-	-	(12,697)	(12,697)
		351,379	(382,017)	(12,697)	(43,335)
	TOTAL FUNDS	351,379	(382,017)	(12,697)	(43,335)

continued...

Page 13

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

20. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund Revaluation fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 394,119 Revaluation fund - 394,119 TOTAL FUNDS 394,119	Net movement At At 1.1.19 in funds 31.12.19 £ £ £ 379,390 (138,370) 241,020 25,768 12,051 37,819 405,158 (126,319) 278,839 405,158 (126,319) 278,839 Resources Gains and Movement expended losses in funds £ £ £ (532,489) - (138,370) - 12,051 12,051 (532,489) 12,051 (126,319) (532,489) 12,051 (126,319)

21. EMPLOYEE BENEFIT OBLIGATIONS

The company operates defined contribution pension schemes on behalf of certain employees. The assets of the schemes are held separately from those of the company in independently administered funds. The pension cost charge represents contributions payable by the company to the funds and amounted to £23,082 (2019 - £25,597). The December monthly contributions outstanding at the year end amounting to £3,114 (2019 - £2,968).

22. RELATED PARTY DISCLOSURES

During the year the company paid one of the directors £9,800 for OHP clinics carried out on behalf of the company.

Page 14

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

INCOME AND ENDOWMENTS Donations and legacies Subscriptions Other trading activities First aid training/training Screening and medicals Sale of medical supplies Investment income Other fixed asset invest - FII Deposit account interest Other income Grants received Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Consultancy and agency nurses First aid training and agency fees Travelling Telephone Printing, stationery and postage Advertising, promotion and marketing Miscellaneous Training and uniforms Medical materials Premises costs Repairs, renewals and maintenance Bad debts Supplies purchased Insurance Long leasehold Fixtures and fittings Computer equipment Support costs Governance costs Accountancy Carried forward	2020 £ 118,470 89,270 95,949 4,784 190,003 - 6 6 42,900 351,379 214,824 15,055 24,270 17,169 28,413 2,026 1,856 5,141 1,156 9,706 1,478 510 10,067 17,353 1,169 8,928 11,892 1,604 4,388 1,002 378,007 4,010 4,010	2019 £ 112,994 108,031 167,570 5,209 280,810 98 217 315 - 394,119 204,952 15,803 25,597 29,499 22,275 7,211 1,775 12,936 480 10,327 468 1,925 11,673 155,025 (209) 8,748 10,952 1,650 4,925 1,083 527,095 3,894 3,894

This page does not form part of the statutory financial statements

Page 15

ROCHDALE OCCUPATIONAL HEALTH SERVICE LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Governance costs Brought forward Professional fees Total resources expended Net expenditure before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net expenditure	2020 £ 4,010 - 4,010 382,017 (30,638) (12,697) (43,335)	2019 £ 3,894 1,500 5,394 532,489 (138,370) 12,051 (126,319)

This page does not form part of the statutory financial statements

Page 16