KCHC Annual Report and Accounts 2024-25 Spreads - Flipbook - Page 63
Notes to the financial statements
5.5. Creditors falling due after one year
As at 31 March 2025
As at 31 March 2024
Unrestricted
funds
Restricted
funds
Total
Total
£’000
£’000
£’000
£’000
199
676
875
474
199
676
875
474
Grants payable
Grants payable comprises a number of grants to King’s
College Hospital NHS Foundation Trust where the
Trustees have committed to expenditure and costs are
expected to fall due in future years.
As at 31 March 2025, grants payable falling due
after more than one year included £676K relating to
restricted funds (2024: £349K).
5.6. Reconciliation of grants payable
2024/25
2023/24
£’000
£’000
At 1 April 2024
7,800
7,155
Grants awarded in the year
2,785
2,539
(2,879)
(1,820)
(203)
(75)
7,503
7,799
Grants paid in the year
Grants cancelled in the year
5.7. Commitments
The Charity had NIL commitments at 31 March 2025
(2024: NIL), which do not yet satisfy all conditions for
recording as a grant payable.
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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