The Christie Foundation Trust Annual Report and Accounts 2021-22

Consolidated Accounts of The Christie NHS Foundation Trust 2021-2022

7.1 Better Payment Practice Code - measure of compliance

Group

Group

2021-2022

2020-2021

Number

£000

Number

£000

Total Non-NHS trade invoices paid in the year Total Non-NHS trade invoices paid within target

24,498 293,797 21,905 284,033

22,192 214,959 21,120 208,317

Percentage of Non-NHS trade invoices paid within target

89% 97%

95% 97%

Total NHS trade invoices in the year

1,736 1,400

28,101 25,334

1,827 1,617

26,124 24,068

Total NHS trade invoices paid within target

Percentage of NHS trade invoices paid within target

81% 90%

89% 92%

The Better Payment Practice Code requires the Trust to aim to pay all valid invoices by the due date or within 30 days of receipt of goods or a valid invoice, whichever is later.

There is also a further requirement for all NHS Foundation Trusts to pay all small local businesses within 10 days from date of invoice or receipt of goods. The Trust has paid 95% within this target (20120-21 89%).

7.2. The Late Payment of Commercial Debts (Interest) Act 1998

The Group and the NHS Foundation Trust did not incur any charges relating to Late Payments of Commercial Debts.

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