The Christie NHS FT Annual Report & Accounts 2019-20

Consolidated Accounts of The Christie NHS Foundation Trust 2019-2020

18. Contingencies at 31 March

18.1 Contingent Liabilities

Group NHS Foundation Trust

Group NHS Foundation Trust

2018-2019

2018-2019

2019-2020

2019-2020

£000

£000

£000

£000

(17)

(17)

Personal injury claim

(8)

(8)

Indemnities

(184)

0

(229)

0

(201)

(17)

(237)

(8)

The personal injury claims liability is based upon information supplied by the NHS Litigation Authority. For the Indemnities liability, The Christie Charitable Fund has a policy of accepting unclaimed legacy funds whilst offering indemnities to Solicitors for these funds. The repayment of these funds is classified as possible and not probable and therefore a contingent liability is recognised for all gifts where an indemnity is given. These are held for five years from the date of the gift.

18.2 Contingent Assets

The Group has no contingent assets at the balance sheet date.

19. Commitments

19.1 Capital commitments

The Trust is involved in a number of significant construction developments, including a new Research Centre and work on an intensive care ward to support the Trust's response to Covid 19. At 31 March 2020 the capital commitments contracted amounted to £7.2m (31 March 2019: £0.6m).

19.2 Other financial commitments

The Trust has entered into contractual arrangements with the University of Manchester regarding the Manchester Academic Health Science Centre Clinical Trial Unit (MAHSC-CTU), a unit dedicated to data processing of grant-funded studies. The unit was set up by The Christie in 2010 to provide a service both for The Christie and the North-West. In the year, it was decided that the unit would transfer over to the University of Manchester with the Trust agreeing to fund the trials already in operation as part of the handover agreement. As at 31 March 2020 the contracted commitment in relation to the MAHSC-CTU is £1.02m (31 March 2019 £1.6m).

20. Finance Lease obligations

The Trust holds Finance leases for three buildings but all of these were paid in a single upfront payment and there are no annual ongoing payments. See note 10.1 for details of the leases.

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