KCHC Annual Review 2023-24 WEB Singles - Flipbook - Page 45
Statement of financial activities for the year ended 31 March 2024
Financial statements
Statement of financial activities for the year
ended 31 Mar 2024 (incorporating an income and expenditure account)
Year ended 31 March 2024
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Unrestricted
funds
Restricted
funds
Endowment
funds
Year ended 31 March 2023
Total
funds
Notes
£’000
£’000
£’000
£’000
£’000
£’000
£’000
£’000
Donations
and legacies
3.1
2,585
649
-
3,234
1,956
802
100
2,858
Other activities
3.2
250
126
-
376
90
-
-
90
Income from
investments
3.3
1,048
-
-
1,048
757
-
-
757
3,883
775
-
4,658
2,803
802
100
3,705
Income
Total income
Expenditure
Cost of raising funds
4.1
2,599
-
-
2,599
2,073
-
-
2,073
Expenditure on
charitable activities
4.3
2,127
1,333
-
3,460
2,241
1,245
-
3,486
4,726
1,333
-
6,059
4,314
1,245
-
5,559
1,527
-
-
1,527
(2,320)
-
-
(2,320)
684
(558)
-
126
(3,831)
(443)
100
(4,174)
97
3
(100)
-
(797)
797
-
-
781
(555)
(100)
126
(4,463)
354
100
(4,174)
Total expenditure
Net gains/(loss)
on investments
5.2
Net income/
(expenditure)
Transfers between
funds
2.1
Net movement in
funds
Reconciliation
of funds
Total funds brought
forward (as restated)
2.1
19,061
3,830
100
22,991
23,689
3,476
-
27,165
Total funds
carried forward
2.1
19,842
3,275
-
23,117
19,061
3,830
100
22,991
The statement of financial activities includes all gains
and losses recognised in the year. All income and
expenditure is derived from continuing activities.
Further details of the restatement of the comparatives
is provided in Note 2.3. The notes on pages 48–63 form
part of these financial statements.
K I N G’ S CO L L E G E H O S P I TA L C H A R I T Y A N N UA L R E P O R T A N D F I N A N C I A L S TAT E M E N T S 2 0 2 3/ 24
45
