KCHC Annual Report and Accounts 2024-25 Spreads - Flipbook - Page 51
Notes to the financial statements
2. Analysis of funds and movements on funds
2.1. Movements in funds between the
beginning and end of the financial year
During 2024/25, the value of the total funds held by
the Charity decreased by £2.8m (2023/24: increased
by £126k). Expenditure in the year was £1.6m higher
As restated
1 April 2024
than income (2023/24: £1.4m higher), resulting in an
operating deficit of £1.6m (2023/24 deficit £1.4m)
before an investment loss of £1.15m (2023/24 £1.5m
gain) resulting from the decrease (2023/24 increase) in
investment values.
Income Expenditure
Gains/
(Losses)
Transfers
At
31 March
2025
£’000
£’000
£’000
£’000
£’000
£’000
Paediatric Liver Laboratories
135
112
(124)
-
-
123
David Hughes Special Trust
2,009
(217)
-
-
1,792
(47)
-
(3)
199
-
(9)
562
Restricted funds
Transforming Liver Care (TLC) Appeal
168
Renal Legacy – Spratt
571
81
-
-
-
-
212
212
392
355
(714)
-
(3)
30
3,275
548
(1,102)
-
197
2,918
Clinical Funds
8,897
862
(1,335)
-
(256)
8,168
Fund for Strategic Grants
4,870
-
(165)
-
(2,300)
2,405
973
-
-
-
Investment Revaluation
-
-
-
-
Office Fixtures and Fittings
34
-
-
-
Total designated funds
14,774
862
(1,500)
-
(1,406)
12,730
General funds
5,068
2,869
(3,305)
(1,150)
1,209
4,691
Total unrestricted funds
19,842
3,731
(4,805)
(1,150)
(197)
17,421
Total funds
23,117
4,279
(5,907)
(1,150)
-
20,339
Retinal Research
Other funds less than £100k
Total restricted funds
Unrestricted funds
Designated
Development of capital projects
973
1,150
1,150
34
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