Charity Annual Report and Accounts 2021-22

The Christie Charitable Fund - 2021/22 Financial Statements

Notes to the financial statements

11 Creditors 11.1 Creditors : Amounts falling due within one year

31 March

31 March

2022 £000

2021 £000

Other creditors

2

2

967

2,486

Owing to The Christie NHS Foundation Trust (Related Party)

Accruals

75

30

Grant award commitments

6,437

11,414

7,481

Total creditors falling due within one year

13,932

11.2 Creditors : Amounts falling due in more than one year

Grant award commitments

18,495 18,495

22,716 22,716

Total creditors falling due in more than one year

Grant awards reflect the commitments that the charity has recognised to further its objectives.

12 Movement in grant award commitments 12.1 Charitable

Additional Required

Reversed Commitment

Commitment at 31 March

Activity

Utilised

unused

at 31 March

2022 £000

2021 £000

£000

£000

£000

658

Clinical Care

391

(113)

380

-

-267

10,410 144 1,558

Research

8,999

(2,201)

4,690 144 171 24 9,464

(1,078)

-1,411

-

Purchase of new equipment

-

-144

-

New build, refurbishment and major projects

18,253

(15,485)

(1,381)

16,695

425

Patient amenity

431

(30)

- -

6

11,737

Other

6,056

(3,783)

-5,681

Total Grant award commitments

24,932

34,130

(21,612)

14,873

(2,459)

at 31 March

at 31 March

2022

2021

6,437 18,495

Grant award commitments due in less than one year Grant award commitments due in two to five years

11,414 22,716

24,932

34,130

Commitments have been reclassified upon review to better reflect the charitable activity that the commitment contributes to.

12.2 (Decrease) / increase in grant award commitments

31 March

31 March

2022 £000

2021 £000

34,130

Grant award commitments at start of year

53,594

24,932

Grant award commitments at end of year

34,130

(9,198)

(Decrease) / Increase in commitment required

(19,464)

Analysed by charitable activity;

Clinical Care

268

(35)

Research

1,412

(3,664) (1,261) (14,226)

Purchase of new equipment

144

New build, refurbishment and major projects

(16,696)

Patient amenity

(6)

(193)

Other

5,680

(85)

(9,198)

(19,464)

(Decrease) / Increase in commitment required

Commitments are reviewed annually to ensure that the Charity only recognises obligations that have met the relevant criteria to be recognised as a liability at the year end. Where adjustments are identified these are shown under the heading reversed/unused in the table 12.1 above.

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