King's College Hospital Charity - Annual Report & Accounts 2020-21 - Flipbook - Page 27
Financial Statements
Financial Statements
Statement of Financial Activities for the year ended
31 March 2020 (incorporating an income and expenditure account)
Year ended 31 March 2020
Unrestricted
Funds
£’000
Notes
Restricted
Funds
£’000
Year ended 31 March 2019
Total Unrestricted
Funds
Funds
£’000
£’000
Restricted
Funds
£’000
Total
Funds
£’000
Income
Donations
and legacies
3.1
Other activities
Income from
investments
3.2
Total income
2,294
443
2,737
1,293
689
1,982
1
-
1
11
-
11
820
-
820
793
-
793
3,115
443
3,558
2,097
689
2,786
Expenditure
Cost of raising funds
4.1
1,051
-
1,051
969
-
969
Expenditure on
charitable activities
4.2
2,005
140
2,145
2,473
1,872
4,345
3,056
140
3,196
3,442
1,872
5,314
(2,192)
-
(2,192)
296
-
296
(2,133)
303
(1,830)
(1,049)
(1,183)
(2,232)
(62)
62
-
(30)
30
-
(2,195)
365
(1,830)
(1,079)
(1,153)
(2,232)
Total expenditure
Net (losses)/gains
on Investments
5.1
Net (expenditure)
/income
Transfers between
funds
2.1
Net movement in funds
Reconciliation of funds
Total funds
brought forward
2.1
19,556
3,045
22,601
20,635
4,198
24,833
Total funds
brought forward
2.1
17,361
3,410
20,771
19,556
3,045
22,601
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure is derived from continuing activities. The notes on pages 30-47 form part of these financial statements.
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