| Page | |||||
|---|---|---|---|---|---|
| Introductton | |||||
| Trustees' Report | |||||
| Independent | Auditors' | Report | 10-13 | ||
| Movement in |
Consolidated | Accumulated | Funds | 14 | |
| Consolidated | Statement | of | Financial Activities | 15 | |
| Consolidated | and Company | Balance Sheet | 16 | ||
| Consolidated | Cash Flow Statement | 17 | |||
| Notes to the | Financial | Statements | 18-30 |
| Registered | office | Mildmay Mission Hospital |
|
|---|---|---|---|
| 19Tabernacle Gardens |
|||
| London E2 7DZ | |||
| Auditors: | Chariot House | ||
| Chartered Accountants and registered Auditors |
|||
| 44 Grand Parade, Brighton BN2 | 9QA | ||
| Overseas Auditors | Obwanga and Associates |
||
| Certified Public Accountants | |||
| Kisumu, Kenya |
|||
| UK Bankers | Royal Bank ofScotland | ||
| London St Mary Axe Office | |||
| 54Lime Street | |||
| London EC3M 7NQ | |||
| Overseas Bankers | Standard Chartered Bank Kenya |
Ltd | |
| Standard Chartered Bank Tanzania Ltd |
|||
| Investment | Managers | CCLA Investment Management |
Limited |
| 80 Cheapside | |||
| London | |||
| EC2V 6DZ |
| Chair ofTrustees | John Richardson | |
|---|---|---|
| Trustees | Ros Furlong | |
| Christabel Kunda |
||
| Barry Rowan | ||
| Carol Stone | ||
| Ronald Swann | ||
| Andt ew Warrilow | ||
| Naggib Chakhane |
||
| Anthony Curwen |
||
| Lorna Priddle | ||
| Andrew Wiles (joined 27~ November |
2020) | |
| Laura Hayes (joined 26'"January 2021) | ||
| lan Clark (joined 26~January 2021) | ||
| Peter Brunskill (joined 26"' January 2021) |
| uring the year | en | ded 3 | 1March 2021 | ||||
|---|---|---|---|---|---|---|---|
| General | Restricted | Total | Total | ||||
| Fund | Funds | Funds | Funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| +000 | $'000 | +000 | +000 | ||||
| Balance brought | forward | at 1 April 2020 | 5,122 | 127 | 5,249 | 5,699 | |
| Net (deficit) /surplus | in year | 486 | 52 | 538 | (450) | ||
| Balance carried | forward | at 31March 2021 | 5,608 | 179 | 5,787 | 5,249 |
| CONSOLIDATED STATEMENT OF FINANCIAL | CONSOLIDATED STATEMENT OF FINANCIAL | CONSOLIDATED STATEMENT OF FINANCIAL | CONSOLIDATED STATEMENT OF FINANCIAL | ACTIVITIES | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|---|
| For the year ended 31March 2021 | Unrestricted | Restricted | Total | Total | ||||
| Fund | Funds | |||||||
| 2021 | 2021 | 2021 | 2020 | |||||
| +000 | +000 | +000 | +000 | |||||
| INCOMING RESOURCES | ||||||||
| Donations, gifts and legacies |
273 | 52 | 325 | |||||
| Activities in furtherance ofthe charity's |
objects: | |||||||
| Contractual and grant income for providing |
healthcare | 3,629 | 3,629 | 2,037 | ||||
| in the UK | ||||||||
| Contractual and grant income for. providing training inter'nationally |
healtlicare | and | 565 | 565 | 484 | |||
| Investment and interest income |
6 | |||||||
| Other income | 6 | 10 | ||||||
| Total incoming resources (Note 2) |
3,908 | 617 | 4,525 | 2,944 | ||||
| RESOURCES EXPENDED | ||||||||
| Cost ofgenerating funds: |
||||||||
| Fundraising and publicity costs |
139 | 139 | 166 | |||||
| Charitable expenditure: |
||||||||
| UK residential healthcare |
3,283 | 3,283 | 2,436 | |||||
| UK adult and children day-care services |
254 | |||||||
| Grant to Uganda —healthcare 8r training |
12 | |||||||
| International training and consultancy |
565 | 565 | 526 | |||||
| Total expended resources (Note 3) |
3,422 | 565 | 3,987 | 3,394 | ||||
| NET OPERATIONAL (OUTGOING)/INCOMING |
486 | 52 | 538 | (450) | ||||
| RESOURCES | ||||||||
| Transfer between Funds | ||||||||
| NET MOVEMENT IN FUNDS | 486 | 52 | 538 | (450) | ||||
| Total funds brought forward at 1 April |
5,122 | 127 | 5,249 | 5,699 | ||||
| Total funds carried forward at 31March | 5,608 | 179 | 5,787 | 5,249 |
| Notes | Group | MMH | Group | MMH | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | ||||||
| 000 | g'000 | +000 | +000 | ||||||
| FIXEDASSETS | |||||||||
| Tangible assets | 4,206 | 4,181 | 4,279 | 4,249 | |||||
| Investments | 150 | 150 | |||||||
| 4,206 | 4,331 | 4,279 | 4,399 | ||||||
| CURRENT ASSETS | |||||||||
| Debtors | 10 | 741 | 741 | 266 | 266 | ||||
| Escrow Account | 21 | 1 | 1 | ||||||
| Cash | 11 | 1,332 | 1,247 | 1,155 | 1,030 | ||||
| CREDITORS: | Amount | falling | 2,073 | 1,988 | 1,422 | 1,297 | |||
| due within | one year | 12 | (492) | (532) | (452) | (447) | |||
| NET CURRENT | ASSETS | 1,581 | 1,456 | 970 | 850 | ||||
| Total assets less | current | liabilities | 5,787 | 5,787 | 5,249 | 5,249 | |||
| RESERVES | |||||||||
| Unrestricted funds: |
|||||||||
| General fund |
14 | 1,402 | 1,427 | 872 | 872 | ||||
| Designated funds: |
14 | 4,206 | 4,181 | 4,250 | 4,250 | ||||
| Total unrestricted | funds | 5,608 | 5,608 | 5,122 | 5,122 | ||||
| Restricted funds |
13 | 179 | 179 | 127 | 127 | ||||
| Total funds | 14 | 5,787 | 5,787 | 5,249 | 5,249 |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| +000 | @000 | ||||
| Net cash inflow/(outflow) | from operating | ||||
| activities | 17(a) | 200 | (422) | ||
| Returns on investments | and servicing offinance | ||||
| Interest received | |||||
| Capital expenditure | and | Gnancial investment | |||
| Escrow account | 1 | 528 | |||
| Purchase oftangible | fixed | assets | (24) | 72 | |
| 177 | |||||
| Increase (Decrease) | in cash | 17(b) | 177 | 184 |
| oftheir estimated u |
seful lives as | follows: | |
|---|---|---|---|
| Freehold buildings | and leasehold | improvements | 50 years |
| Fixtures and fittings | 10years | ||
| Vehicles | 5 years | ||
| Equipment | 4- 7years |
| 2 | INCOMING | INCOMING | RESOURCES | RESOURCES | RESOURCES | Mildmay | Mildmay | |||
|---|---|---|---|---|---|---|---|---|---|---|
| International | Mission | Total | Total | |||||||
| Ltd | Hospital | 2021 | 2020 | |||||||
| +000 | +000 | g'000 | ||||||||
| Donations, | grants and gifts | 265 | 265 | 284 | ||||||
| Legacies | 60 | 60 | 123 | |||||||
| NHS Contract | Income | 3,629 | 3,629 | 2,037 | ||||||
| International | contract | income | 565 | 565 | 484 | |||||
| Investment | and interest | income | 6 | |||||||
| Other income | 10 | |||||||||
| 565 | 3,960 | 4,525 | 2,944 | |||||||
| Split by geographical | region: | |||||||||
| UK | 3,960 | 3,960 | 2,460 | |||||||
| Overseas | 565 | 565 | 484 | |||||||
| 565 | 3,960 | 4,525 | 2,944 | |||||||
| Split by funds: | ||||||||||
| Unrestricted | 3,908 | 3,908 | 2,377 | |||||||
| Restricted | 565 | 52 | 617 | 567 | ||||||
| 565 | 3,960 | 4,525 | 2,944 | |||||||
| 3 | RESOURCES EXPENDED | |||||||||
| Staff | Direct | Allocated | Total | Total | ||||||
| Costs | Costs | Costs | 2021 | 2020 | ||||||
| +000 | g'000 | $'000 | g'000 | +000 | ||||||
| Fundraising | and publicity | costs | 51 | 37 | 51 | 139 | 166 | |||
| UK residential | healthcare | 1,178 | 920 | 1,185 | 3,283 | 2,436 | ||||
| UK adult day-care services | 254 | |||||||||
| International | Alliance | Support | 36 | |||||||
| The Mildmay | Centre, | Uganda | 12 | |||||||
| Training R | Consultancy | — Kenya | 85 | 480 | 565 | 490 | ||||
| Support costs | 451 | 785 | (1,236) | |||||||
| 1,765 | 2,222 | 3,987 | 3,394 |
| 3 | RESOURCES EX | PENDED (cont) | |||||
|---|---|---|---|---|---|---|---|
| Su ort Costs Com |
rise: | Staff | Ditect | Allocated | Total | Total | |
| Costs | Costs | Costs | 2021 | 2020 | |||
| 000 | +000 | @000 | +000 | +000 | |||
| Human Resources |
51 | 97 | 148 | 119 | |||
| Information Technology |
31 | 31 | 38 | ||||
| Other Services | 126 | 95 | 221 | 253 | |||
| Building Services | 209 | 453 | 662 | 555 | |||
| Finance | 65 | 17 | 82 | 107 | |||
| Depreciation | 92 | 92 | 91 | ||||
| 451 | 785 | 1,236 | 1,163 | ||||
| The above costs include: | 2021 | 2020 | |||||
| +000 | +000 | ||||||
| Auditors' remuneration: |
|||||||
| Audit ofcharity | 13 | 11 | |||||
| Audit ofoverseas projects | 3 | 3 | |||||
| Depreciation | 92 | 97 | |||||
| Loss on Disposal | |||||||
| Exchange rate loss/(profit) | |||||||
| 4 | STAFF COSTS | 2021 | 2020 | ||||
| +000 | +000 | ||||||
| Wages and salaries | 1,467 | 1,518 | |||||
| Social security costs | 130 | 132 | |||||
| Other pension costs | 82 | 79 | |||||
| Agency fees and other staff related costs | 86 | 392 | |||||
| 1,765 | 2,121 | ||||||
| TQ | |||||||
| The number ofstaff | whose emoluments | for the year | exceeded $60,000 was: | ||||
| 2021 | 2020 | ||||||
| Number | Number | ||||||
| $60,000- $80,000 | 1 | 1 | |||||
| $90,001 —$100,000 | 1 | 1 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Number | Number | ||||
| Patient care | —Mildmay Hospital UIZ |
72 | 50 | ||
| Administration | and support —Mildmay | Hospital UK | 4 | 6 | |
| Patient care | and training —International | 5 | 5 | ||
| Administration | and support —International | 4 | 3 | ||
| Fundraising | and publicity | 1 | 2 | ||
| Governance | and administration | 1 | 1 | ||
| 87 | 67 |
| Mildmay | Mildmay | |||||
|---|---|---|---|---|---|---|
| Mission | Inte rnatio | Total | Total | |||
| Hospital | nal Ltd | 2021 | 2020 | |||
| g'000 | +000 | $'QQQ | +000 | |||
| Total income | 3,990 | 535 | 4,525 | 2,944 | ||
| Total expenditure | (3,422) | (565) | (3,986) | (3,394) | ||
| 568 | (30) | 538 | (450) | |||
| Mildmay | Mission Hospital | Funding | (30) | 30 | ||
| 538 | 538 | (450) |
| Fixtures | Equipment | Total | ||||
|---|---|---|---|---|---|---|
| Vehicle | Building | and | Fittings | |||
| Group | +000 | $'000 | +000 | 000 | +000 | |
| COST | ||||||
| At 1April 2020 | 58 | 4,743 | 38 | 114 | 4,953 | |
| Additions | 24 | 24 | ||||
| Disposals | ||||||
| At 31March 2021 | 58 | 4,743 | 38 | 138 | 4,977 | |
| DEPRECIATION | ||||||
| At 1April 2020 Charge for the year |
(45) (2) |
(511) (86) |
(16) | (102) (9) |
(674) (97) |
|
| Exchange rate variance | ||||||
| At 31March 2021 | (47) | (597) | (16) | (771) | ||
| NET BOOKVALUE | ||||||
| At 31 March 2021 | 4,146 | 22 | 27 | 4,206 | ||
| At 31March 2020 | 13 | 4,232 | 4,416 | 22 | 4,279 11 | |
| Split ofassets held by country | ||||||
| Kenya | 11 | 14 | 25 | |||
| UK | 4,147 | 7 | 27 | 4,181 | ||
| Net book value | 4,147 | 21 | 27 | 4,206 |
| Group | MMH | Group | MMH | |||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | |||||
| $'000 | +000 | @000 | @000 | |||||
| Balance | at | 31 | March | 2021 | 150 | 150 |
| 10 | DEBTORS: | AMOUNTS FALLING DUE | WITHIN ON | E YEAR | ||
|---|---|---|---|---|---|---|
| Group | MMH | Group | MMH | |||
| 2021 | 2021 | 2020 | 2020 | |||
| +000 | @000 | +000 | +000 | |||
| Other debtors | 740 | 740 | 258 | 258 | ||
| Prepayments | and accrued income | 1 | 1 | 8 | 8 | |
| 741 | 741 | 266 | 266 | |||
| 11 | CASH | |||||
| Group | MMH | Group | MMH | |||
| 2021 | 2021 | 2020 | 2020 | |||
| +000 | @000 | +000 | +000 | |||
| Cash at bank and in hand | 1,332 | 1,247 | 1,155 | 1,030 | ||
| 1,332 | 1,247 | 1,155 | 1,030 | |||
| Unrestricted | cash and deposit balances | 1,280 | 1,247 | 1,023 | 1,030 | |
| Restricted cash and deposit balances | 52 | 132 | ||||
| 1,332 | 1,247 | 1,155 | 1,030 |
| 12 | CREDITORS: AMOUNTS FALLING DUE | CREDITORS: AMOUNTS FALLING DUE | CREDITORS: AMOUNTS FALLING DUE | CREDITORS: AMOUNTS FALLING DUE | CREDITORS: AMOUNTS FALLING DUE | WITHIN | ONE YEAR | ||
|---|---|---|---|---|---|---|---|---|---|
| Group | MMH | Group MMH |
|||||||
| 2021 | 2021 | 2020 | 2020 | ||||||
| $'000 | @000 | g'000 | g'000 | ||||||
| Sundry creditors | 85 | 85 | 147 | 50 | |||||
| Tax | and | social security creditors | 82 | 76 | 35 | 33 | |||
| Amounts | owed to Mildmay | International | Linuted | 107 | 98 | ||||
| Accruals | and deferred | income | 325 | 264 | 270 | 266 | |||
| 492 | 532 | 452 | 447 | ||||||
| 13 | RESTRICTED FUNDS | ||||||||
| Balance | |||||||||
| 1April | Incoming | Transfer | Balance | ||||||
| 2020 | Resources | Expenditure | between | 31March | 2021 | ||||
| Funds | |||||||||
| $'000 | @000 | $'000 | 000 | $'000 | |||||
| Contractual, grant |
& | ||||||||
| training | income | 127 | 617 | (565) | 179 |
| General | Designated | Restricted | Total | ||
|---|---|---|---|---|---|
| Fund | Funds | Funds | Funds | ||
| +000 | +000 | $'000 | +000 | ||
| Fixed assets | |||||
| Tangible | assets | 4,206 | 4,206 | ||
| Escrow | account | ||||
| Cash | 1,153 | 179 | 1,332 | ||
| Other current assets | 741 | 741 | |||
| Current | liabilities | (492) | (492) | ||
| Total funds | 1,402 | 4,206 | 179 | 5,787 |
| Plant | and | machinery | |
|---|---|---|---|
| 2021 | 2020 | ||
| +000 | @000 |
| Operating | leases which expire: |
|---|---|
| Within 1 |
to 2 years |
| Escrow | Account Movement | Account Movement | 2021 | 2020 |
|---|---|---|---|---|
| 000 | @000 | |||
| Balance | at 1 April 2020 | 1 | 528 | |
| Property | Redevelopment | Charge | (71) | |
| Interest | received | 4 | ||
| Transfer | out of escrow account into charity | |||
| bank account | (1) | (460) | ||
| Balance | at 31March 2021 |
| For the year ended 31Mar | ch 2 | 020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | ||||||
| 2020 | 2020 | 2020 | 2019 | ||||
| g'000 | @000 | +000 | +000 | ||||
| INCOMING RESOURCES | |||||||
| Donations, gifts and legacies | 324 | 83 | 407 | 329 | |||
| Activities in furtherance ofthe |
charity's objects: | ||||||
| Contractual and grant income for providing |
healthcare | 2,037 | 2,037 | 2,570 | |||
| in the UK | |||||||
| Contractual and grant income for providing |
healthcare | and | |||||
| training internanonally |
484 | 484 | 234 | ||||
| Investment and interest income |
6 | 6 | 16 | ||||
| Other income | 10 | 10 | 27 | ||||
| Total incoming resources (Note 2) |
2,377 | 567 | 2,944 | 3,176 | |||
| RESOURCES EXPENDED | |||||||
| Cost ofgenerating funds: |
|||||||
| Fundraising and publicity |
costs | 166 | 166 | 312 | |||
| Charitable expenditure: |
|||||||
| UK residential healthcare |
2,436 | 2,436 | 2,669 | ||||
| UK adult and cluldren day-care services |
254 | 254 | 325 | ||||
| Grant to Uganda —healthcare | Bctraining | 12 | 12 | 20 | |||
| International training and |
consultancy | 36 | 490 | 526 | 299 | ||
| Total expended resources (Note 3) |
2,892 | 502 | 3,394 | 3,625 | |||
| NET OPERATIONAL (OUTGOING)/INCOMING |
|||||||
| RESOURCES | (515) | 65 | (450) | (449) | |||
| Transfer between Funds |
|||||||
| NET MOVEMENT IN FUNDS | (515) | 65 | (450) | (449) | |||
| Total hurds brought forward |
at 1 April | 5,637 | 62 | 5,699 | 6,148 | ||
| Total funds carried forward | at 31March | 5,122 | 127 | 5,249 | 5,699 |