The Christie NHS FT Annual Report & Accounts 2019-20
Consolidated Accounts of The Christie NHS Foundation Trust 2019-2020
13. Trade and Other Receivables and Financial Assets
13.1 Trade and Other Receivables
Group
Current
Non-current
2018-2019
2018-2019
2019-2020
2019-2020
£000
£000
£000
£000
NHS contract receivables Non- NHS contract receivables
13,319 6,496 5,437 25,195 1,705
0 0 0 0 0 0 0 0 0 0 0 0
16,334
0 0 0 0 0 0 0 0 0 0 0 0
6,544 4,552
NHS contract receivables not yet invoiced NHS contract receivables not yet invoiced - PSF Non-NHS contract receivables not yet invoiced*
0
2,503
Contract assets
0
0
Provision for impairment of receivables
(303) 2,652
(260) 3,877
Prepayments
PDC dividend refund accrual
777
299
VAT receivable*
1,139
1,601
Charitable fund receivables
799 832
653
Other receivables**
36
58,048
0
Trade and other receivables
36,139
0
NHS Foundation Trust
Current
Non-current
2018-2019
2018-2019
2019-2020
2019-2020
£000
£000
£000
£000
NHS contract receivables Non- NHS contract receivables
13,327 6,487 5,435 25,195 1,715
0 0 0 0 0 0 0 0 0 0 0
16,287
0 0 0 0 0 0 0 0 0 0 0
6,539 4,552
NHS contract receivables not yet invoiced NHS contract receivables not yet invoiced - PSF Non-NHS contract receivables not yet invoiced*
0
2,505
Contract assets*
0
0
Provision for impairment of receivables
(303) 2,637
(243) 3,864
Prepayments
PDC dividend refund accrual
777 280
299 364
VAT receivable*
Charitable fund receivables
3,407 1,231
3,468
Other receivables**
1,119
438
717
60,187
1,119
Trade and other receivables
38,073
717
*VAT receivable includes £1,237 (2018-19 £858k) VAT owing to The Christie Pharmacy Limited.
**Other receivables include due payments that relate to a £2,000k loan made to The Christie Pharmacy Limited. The loan was for initial drug stock purchases and was issued in January 2018, to be repaid monthly, with the final payment due December 2022. The interest rate is fixed at 1.56%. The balance at 31 March 2020 is £1,119k (31st March 2019 £1,514k).
13.2 Allowances for credit losses
Group
Group
NHS Foundation Trust Receivables and contract assets
NHS Foundation Trust
Receivables and contract assets
All other receivables
All other receivables
2019-2020
2019-2020
2019-2020
2019-2020
£000
£000
£000
£000
At 1 April 2019
303
0 0 0 0 0
303
0 0 0 0 0
New allowances arising
17
0
Changes in existing allowances Reversals of allowances
(41) (19) 260
(41) (19) 243
At 31 March 2020
13.3 Allowances for credit losses 2018-19
Group
Group
NHS Foundation Trust Receivables and contract assets
NHS Foundation Trust
Receivables and contract assets
All other receivables
All other receivables
2018-2019
2018-2019
2018-2019
2018-2019
£000
£000
£000
£000
At 1 April 2018
0
34
0
34
Impact of IFRS 9 (and IFRS 15) implementation on 1 April 2018
401
(34)
401
(34)
New allowances arising Changes in existing allowances Reversals of allowances
(95)
0 0 0
(95)
0 0 0
(3)
(3)
At 31 March 2019
303
303
33 195
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