The Christie Foundation Trust Annual Report and Accounts 2021-22

Consolidated Accounts of The Christie NHS Foundation Trust 2021-2022

18. Contingencies at 31 March

18.1 Contingent Liabilities

Group

NHS Foundation Trust

Group

NHS Foundation Trust

2021-2022 2021-2022

2020-2021 2020-2021

£000

£000

£000

£000

(9)

(9)

(13)

(13)

Personal injury claim

Indemnities

(24)

0

(302)

0

(33)

(9)

(315)

(13)

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 nearing completion of a major development for a new Cancer Research Centre, being undertaken with support from the University of Manchester and Cancer Research UK. This is due for completion by the end of 2022 23. The Trust has a number of other capital developments which have now come into operational use in 2021-22 but are subject to final works for full completion, all of which will be undertaken during 2022-23. At 31 March 2022 the capital commitments contracted amounted to £59.3m (31 March 2021: £132.5m).

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 2022 the contracted commitment in relation to the MAHSC-CTU is £0.14m (31 March 2021 £0.53m).

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.

1 19 6

Made with FlippingBook - Share PDF online