KCHC-AR-2023 Final Signed - Flipbook - Page 43
2022/23 Financial Review
Reserves of the Charity
Reserves of the Charity fell by £4.2m and include
£100k capital receipt of a permanent endowment. The
movement of funds over the last two years held are
illustrated in the chart below.
During the year, £3.4m was transferred from Designated
Funds to general funds. The purposes of these funds
are described in more detail below under the Reserves
section and in Note 2 of the financial statements.
Reserves of the charity
At 31 March 2023
At 31 March 2022
£’000
17,682
13,504
5,772
6,007
3,665 3,476
100
0
Unrestricted general
Unrestricted designated
Restricted
Endowment
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 A CCO U N T S 2 0 2 2 / 2 3
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