KCHC Annual Report and Accounts 2024-25 Spreads - Flipbook - Page 45
Statement of financial activities for the year ended 31 March 2025
Financial statements
Statement of financial activities for the year
ended 31 March 2025 (incorporating an income and expenditure account)
Year Ended 31 March 2025
Unrestricted
funds
Restricted
funds
Total
funds
Unrestricted
funds
Restricted
funds
Endowment
funds
Year Ended 31 March 2024
Total
funds
Notes
£’000
£’000
£’000
£’000
£’000
£’000
£’000
Donations and legacies
3.1
2,314
548
2,862
2,585
649
-
3,234
Other activities
3.2
505
-
505
250
126
-
376
Income from investments
3.3
912
-
912
1,048
-
-
1,048
3,731
548
4,279
3,883
775
Income
Total income
4,658
Expenditure
Cost of raising funds
4.1
2,252
-
2,252
2,599
-
-
2,599
Expenditure on charitable
activities
4.3
2,553
1,102
3,655
2,127
1,333
-
3,460
4,805
1,102
5,907
4,726
1,333
-
6,059
(1,151)
-
(1,151)
1,527
-
-
1,527
(2,224)
(554)
(2,778)
684
(558)
(197)
197
-
97
3
(100)
-
(2,421)
(357)
(2,778)
781
(555)
(100)
126
Total expenditure
Net gains/(loss) on investments
5.2
Net (deficit) / surplus income
Transfers between funds
2.1
Net movement in funds
126
Reconciliation of funds
Total funds brought forward
(as restated)
2.1
19,842
3,275
23,117
19,061
3,830
100
22,991
Total funds carried forward
2.1
17,421
2,918
20,339
19,842
3,275
-
23,117
The statement of financial activities includes all gains
and losses recognised in the year. All income and
expenditure is derived from continuing activities.
Further details of the restatement of the comparatives
is provided in Note 2.3.
The notes on pages 48-67 form part of these financial
statements.
K I N G’ S CO L L E G E H O S P I TA L C H A R I T Y A N N UA L R E P O R T A N D F I N A N C I A L S TAT E M E N T S 2 0 24 / 2 5
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