King's College Hospital Charity - Annual Report & Accounts 2020-21 - Flipbook - Page 36
Financial Statements
2.2. Analysis of net assets between funds
The net assets which back these funds are as follows:
Year ended 31 March 2020
Year ended 31 March 2019
Unrestricted
Funds
£’000
Restricted
Funds
£’000
Total Funds
2019/20
£’000
Unrestricted
Funds
£’000
Restricted
Funds
£’000
Total Funds
2018/19
£’000
22,181
3,892
26,073
21,977
5,570
27,547
Debtors
428
-
428
420
-
420
Cash
522
-
522
288
-
288
23,131
3,892
27,023
22,685
5,570
28,255
Net current liabilities
(4,433)
(327)
(4,760)
(2,382)
(1,235)
(3,617)
Long term liabilities
and provisions
(1,337)
(155)
(1,492)
(747)
(1,290)
(2,037)
Total net assets
17,361
3,410
20,771
19,556
3,045
22,601
Fixed Asset Investments
2.3. Description and structure of funds
a) Restricted funds
The Helipad Construction & Equipment Fund is
money donated for the King’s College Hospital
Helipad Appeal.
The KCH Patients Special Trust Fund is restricted
to general patient expenditure after discharge.
The King’s College Hospital Special Trust consists
of money donated for King’s College Hospital.
The Phyllis O’Rourke Prize Fund is restricted to
spending on prizes for nurses.
The King’s Critical Care Appeal fund includes
money donated for the King’s College Hospital
Critical Care Appeal.
The Cancer Treatment and Research Fund is
restricted to spending on cancer treatment and
research activities.
The Paediatric Liver Research Laboratories Fund
consists of money donated to enable the King’s
College Hospital to build and equip brand new,
state-of-the-art laboratories and learning facilities.
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The D E Hughes Special Trust Fund is restricted
to spending on a strategic grants programme
established by the Trustees to support major
developments at the King’s College Hospital
Foundation Trust.
The Young Volunteering Programme is a fund
established following a receipt of a grant from the
Pears Foundation under the Young Social Action
Programme.
The Epilepsy Clinical training fund was established
to fund the additional education and training
requirements of staff caring for patients with epilepsy
The Transforming Liver Care fund was established
to raise funds for transforming the care of children
with acute liver disease.
The Liver Transplant Research fund is restricted
to a specific research project aimed at improving
the treatment given to patients who have liver
transplants.