WRIGHTINGTON,WIGAN AND LEIGH HEALTH SERVICES CHARITY. Registration number ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2008

Transcription

1 WRIGHTINGTON,WIGAN AND LEIGH HEALTH SERVICES CHARITY Registration number ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2008

2 Wrightington, Wigan and Leigh Health Services Charity Accounts for the Year ended 31 March 2008 INDEX Page Foreword to the accounts 1 Reference and administrative details 1 Advisors 2 Structure, governance and management 2 Objective & strategy 3 Statement of trustees responsibilities 4 Auditors' report 5 Statement of financial activities 6 Balance sheet 7 Notes to the accounts Note 1 Accounting policies 8-9 Note 2 Related party transactions 9 Note 3 Analysis of voluntary income 10 Note 4 gross income from investments and cash on deposits 10 Note 5 Incoming resources form charitable activities 11 Note 6 Investment management fee 11 Note 7 Analysis of charitable expenditure 11 Note 8 Allocation of support costs and overheads 11 Note 9 Analysis of grants 12 Note 10 Analysis of staff costs 12 Note 11 Auditors remuneration 12 Note 12 Fixed asset investments 12 Note 13 Analysis of current assets 12 Note 14 Analysis of current liabilities and long term creditors 13 Note 15 Contingencies 13 Note 16 Commitments 13 Note 17 Analysis of unrestricted designated funds 13 Note 18 Material unrestricted fund detail 14 Note 19 Fund mergers 14

3 Foreword Trustee's Annual Accounts for Wrightington, Wigan and Leigh Health Services Charity for the Year ending 31st March 2008 The Corporate Trustee presents the Charitable Funds Annual Accounts for the year ended 31st March The Charity's annual accounts for the year ended 31st March 2008 have been prepared by the Corporate Trustee in accordance with Part VI of the Charities Act 1993 and the Charities (Accounts & Reports) Regulations The Charity's accounts include all the separately established funds for which the Wrightington, Wigan and Leigh NHS Trust is the majority beneficiary. The report also incorprates funds designated to Ashton, Wigan and Leigh PCT and 5 Boroughs Partnership which are maintained under the same governance arrangements. The latter heatlh bodies funds are incorporated into these accounts as the value of their respective funds are below the diminius level, as established by the Charities Commission, to be independently managed. The Charity has a corporate trustee: the Wrightington Wigan and Leigh NHS Trust. The members of the NHS Trust Board who served during the financial year were as follows: Chairman Mr B Strett dec (up to 30th June 2007) Mr L Higgins (acting from 9th May to 31st October) Mr L Higgins (from 1st November 2007) Chief Executive Mr A Foster Director of Finance & Information Mr K Griffiths Director of Nursing, Patient Services Mrs G Harris Medical Director Mr C Chandler Associate Medical Director Mr P Kay Non Executive Director Mrs L Barnes Non Executive Director Mr C Barratt (up to 4th April 2007) Non Executive Director Mr L Higgins Non Executive Director Mr A Mandall Non Executive Director Mrs S Turner (up to 30th November 2007) Non Executive Director Mr R Armstrong (from 1st March 2008) Non Executive Director Mrs P McCann (from 1st December 2007) Non Executive Director Mr R Collinson (from 1st August 2007) Non Executive Director Mr J Bean (from 1st August 2007) The trustee of the Charity is Wrightington, Wigan and Leigh NHS Trust as the corporate body, the trustee conducts the business of the Charity through the Trust and Charitable Funds Committee. Members of the Trust Board are not individual trustees under Charity Law but act as agents on behalf of the corporate trustee. The corporate trustee fulfils its legal duty by ensuring that funds are spent in accordance with the objects of each fund and by designating funds the trustee respects the wishes of our generous donors to benefit patient care and advance the good health and welfare of patients and staff. The Charitable Funds are registered with the Charity Commission (no ) in accordance with the Charities Act Reference and Administrative details The Wrightington, Wigan and Leigh Health Services Charitable fund, registered Charity Number was entered onto the Central Register of Charities mainly on 31st October The charity is constituted of 114 individual funds (2007:120) as at the 31st March The reduction in the number of individual funds is due to the expiration of funds due to their objectives being met, and to the merger of funds with the same or similar purposes to enhance the purposes for which they are established. The notes to the accounts distinguish the types of fund held and disclose separately all material funds. Charitable funds received by the charity are accepted, held and administered as funds and property held on trust for purposes relating to the health service in accordance with the National Health Service Act 1977 and the National Health Service and Community Care Act 1990 and these funds are held on trust by the corporate body.

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5 Principal office The principal office for the charity is: Wrightington, Wigan and Leigh NHS Trust Trust Headquarters The Elms Royal Albert Edward Infirmary Wigan Lane Wigan WN1 2NN Advisors Associations with the Charity's advisors were renewed during the year and a list of these can be seen below: Bankers Investment Advisors National Westminster Bank Plc Tilney & Co. Kaupthing Singer & Friedlander Corporate Banking Services Fund Management 1 Hanover Street Sovereign Business Park Royal Liver Building London Kingscroft Court Pier Head W1S 1AX Wigan Liverpool WN1 3AP L3 1NY (from 5th November 2007) Solicitors External Auditors Eversheds LLP Great Bridgewater Street Manchester M1 5EF KPMG LLP Chartered Accountants St James Square Manchester M2 6DS Structure, Governance and Management The full name of the Charity is Wrightington, Wigan and Leigh Health Services Charity. The Charity was created following the merger of Wrightington Hospital NHS Trust and Wigan and Leigh Health Services NHS Trust. The "special purpose trusts" of the charity are each registered with the Charity Commissioners of England and Wales and were originally created by a "declaration of trust" now amended by "supplemental deed" following the merger. The Charity registration number is The corporate trustee fulfils its legal duty by ensuring that funds are spent in accordance with the objects of each fund and by designating funds the Trustee respects the wishes of our generous donors to benefit patient care and advance the good health and welfare of patients and staff. The charitable funds available for spending are allocated to specialties within the NHS Trust's Directorate management structure, each allocation is managed by the use of an individual designated fund. Acting for the Corporate Trustee, the Trust and Charitable Funds Committee is comprised of members of thetrust Board. The Committee held its inaugural meeting in July 2008 and has delegated powers for the overall management of the charitable funds. The Committee's responsibilities and terms of reference are to: I. Agree the purpose and strategy of the Charity ii. Agree expenditure from the funds, as per the Trust's Standing Financial Instructions and Standing Orders iii. To determine the Charities investment strategy annually. iv. To agree all material fund raising initiatives. v. To produce an annual report outlining all the Charities key achievements and areas of specific patient / public interest. The Committee reports direct to the full Trust Board, as such it will ensure all meetings are formally recorded and submitted to the Trust Board. The committee members do not receive any form of remuneration whilst serving on the committee. The accounting records and day to day administration of the funds are dealt with by the Finance Directorate located at Buckingham Row, Brick Kiln Lane, Wigan WN11XX.

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7 Objectives and Strategy The principal objects and purposes of Wrightington, Wigan and Leigh Health Services Charity as set out in the trust deed are: "to provide for any charitable purposes relating to the National Health Service." The total charitable funds are made up of 114 individual funds each with individual purposes in line with the fund objectives. A 'Mission Statement' has been approved by the Trustee in order to focus on our objectives. "The mission of Wrightington Wigan and Leigh Health Services Charity through the generosity of the general public, fundraising activities, events and appeals will further improve the quality of patient care, support staff, training and education, and promote medical research, in health care activities which are not covered or fully supported by central NHS funds." Risk management The major risks to which the charity is exposed are to be reviewed in 2008/09 as part of the committees review of the charity's governance arrangements. A significant risk that has been identified is a possible loss from a fall in the value of the investments and the level of reserves available to mitigate the impact of such losses. These have been carefully considered and there are procedures in place to review the investment policy and the retention of a separate revaluation reserve for accumulated investment surpluses. Reserves Policy The reserve policy is applicable to all funds held by Wrightington, Wigan and Leigh Health Services Charity. This policy allows reserves to be retained where:- I. There is a fund raising appeal that is accumulating funds for investment in equipment in future years. ii.the fund itself is accumulating funds for future year purchases/service provision. All such circumstances require the approval of the Trust and Charitable funds Committee and are monitored on a regular basis. In addition, the Trustee approve annual expenditure plans for funds holding balances in excess of 20,000 which are monitored on a monthly basis. In 2007/08 the charity had expenditure plans totalling 786,519, as approved by the Trustee, comprising of equipment and facilities for patient services, education and development for staff, computer equipment and salaries for clerical and research staff. These plans were reviewed on a monthly basis and consequently 85,000 for salaries has been delayed until 2008/09, performance against the plans as at 31 March 2008 was 708,351 ( i.e. 90%). Investment policy As from 5th November 2007 the Trust changed its investment advisors from Tilney and Co ( part of the Deutsche Bank) to Kaupthing Singer & Friedlander. This change was as a consequence of the Deutsche Bank no longer providing such services. The investment policy transferred unchanged to the new provider. The investment policy is as follows: All investments must comply to the Trustees Act 2000 and the specific requirements in respect of Trustees investment power i.e. 1. to take proper professional investment advice 2. have regard to the standard investment criteria. The overriding principle is to safeguard the Charities Assets, whilst investing in markets that will minimise risk and provide a steady income growth in line with market sectors and interest rates. Bearing this in mind the Trustees believe that it is appropriate to adopt the following investment objectives: a. to maintain a balanced portfolio invested in a broad range of investments b. to achieve growth at an acceptable level of risk and minimum cost. c. to achieve a level of income. 3

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9 The investments are illustrated below: 2007/ /07 Government Gilts 49, ,980 Certificates of Deposit 2,635,510 2,325,076 Cash held as part of investment portfolio 86,653 39,111 2,771,166 2,465,167 Statement of trustees' responsibilities The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and: i select suitable accounting policies and then apply them consistently: ii make judgements and estimates that are reasonable and prudent; iii state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and; iv prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. The trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the Trustees Signed Chairman * Dates Trustee * the board may authorise another trustee to sign in place of the Chairman. Dates 4

10 INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF THE WRIGHTINGTON, WIGAN AND LEIGH HEALTH SERVICES CHARITY We have audited the financial statements of Wrightington, Wigan and Leigh Health Services Charity for the year ended 31 st March 2008 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. These financial statements have been prepared under the accounting policies set out therein. This report is made solely to the charity's trustees as a body, in accordance with section 43 of the Charities Act 1993 and regulations made under section 44 of that Act. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed. Respective responsibilities of trustees and auditors Accounting Standards (UK Generally Accepted Accounting Practice) are set out in the Statement of Trustees' Responsibilities. regulations made under section 44 of that Act. Our responsibility is to audit the financial statements in accordance prepared in accordance with the Charities Act We also report to you if, in our opinion, the Trustees' Annual We read the Trustees' Annual Report and consider the implications for our report if we become aware of any apparent misstatements within it and consider whether it is consistent with the audited financial statements. We consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the financial statements. Our responsibilities do not extend to any other information. Basis of audit opinion We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgments made by the trustees in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements. Opinion In our opinion the financial statements: charity's affairs as at 31 st March 2008 and of its incoming resources and application of resources for the year then ended; and have been properly prepared in accordance with the Charities Act KPMG LLP Chartered Accountants, 1 St James Square Manchester M2 6DS Registered Auditor 5

11 STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2008 Incoming Resources: Incoming resources from generated funds Unrestricted Unrestricted 2007/ / Voluntary income: Donations Legacies Sub total voluntary income: Activities for generating funds Fundraising events 2 5 Investment income Incoming resources from charitable activities incoming resources 790 1,149 Resources expended Costs of generating funds Investment management costs 9 8 Charitable activities: Patients Comforts and Welfare Purchase of New Equipment Patient Information Centre - Wrightington Medical Research and Education Staff Welfare - Education & Training Sub total direct charitable expenditure Governance costs resources expended Net incoming resources before other recognised gains & losses (106) 309 Realised and unrealised gains on investment assets Net movement in funds (78) 327 Reconciliation of funds funds brought forward 2,846 2,519 funds carried forward 2,768 2,846 6

12 BALANCE SHEET For the year ended 31 March 2008 Unrestricted Unrestricted 2007/ / Fixed Assets Investments 2,771 2,465 fixed assets 2,771 2,465 Current assets: Debtors Investments Cash in hand/bank 2 - current assets Liabilities Creditors: Amounts falling due within one year Net current assets or liabilities (3) 381 assets less current liabilities 2,768 2,846 Net assets or liabilities 2,768 2,846 The funds of the charity: Unrestricted income funds Income funds 2,554 2,653 Revaluation reserve charity funds 2,768 2,846 Approved by the Board of Trustee on.. and signed on its behalf by Trustee. 7

13 Note 1. Ac a. b. c. d. e. f. g. h. I.

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15 Note j. k. l. m. 2. Re

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17 es on the accounts ccounting Policies Basis of preparation The financial statements have been prepared under the historic cost convention, with the exception of investments which are included at market value. The financial statements have been prepared in accordance with Accounting and Reporting by Charities. Statement of Recommended Practice (SORP 2005) issued in March 2005 and applicable UK Accounting Standards and Charities Act Funds structure Unrestricted income funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds, where the donor has made known their non binding wishes or where the trustees, at their discretion, have created a fund for a specific purpose. The major funds held are disclosed in note 17. Incoming resources All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be monetary value of incoming resources can be measured with sufficient reliability. Incoming resources from legacies Legacies are accounted for as incoming resources either upon receipt or where the receipt of the legacy is virtually certain, this will be once confirmation has been received from the representatives of the estate that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled. Resources expended Expenditure is recognised when a liability is incurred. Grant commitments are recognised when a constructive obligation arises that result in payment being unavoidable. Grants are only made to related or third party NHS bodies and non NHS bodies in furtherance of the charitable objects of the fund. A liability for such grants is recognised when approval has been given by the Trustees. The NHS Trust has full knowledge of the plans of the Trustees, therefore a grant approval is taken to constitute a firm intention of payment which has been communicated to the NHS Trust, and so a liability is recognised. Irrecoverable VAT Irrecoverable Vat is charged against the category of resources expended for which it was incurred. Allocation of overhead and support costs. Overhead and support costs have been allocated as a direct cost or apportioned on an appropriate basis (refer to note 8) between Charitable Activities and Governance Costs. Once allocation and/or apportionment of overhead and support costs has been made available between Charitable Activities it is apportioned across those activities in proportion to a fixed cost per fund and the remainder is apportioned via the number of transactions on the funds. Cost of generating funds The cost of generating funds are the cost is the management fee from Tilney Investment Advisers. Charitable activities Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. These costs comprise direct costs and an apportionment of overhead and support costs as shown in note 7.

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19 es on the accounts Governance costs Governance costs comprise all costs incurred in the governance of the charity. These costs include costs related to statutory audit together with an apportionment of overhead and support costs. Fixed asset investments Investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. The certificates of deposit and narrow range shares are shown in the balance sheet at market value as at 31st March Realised gains and losses All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and open market value (purchase date if later). Unrealised gains and losses are calculated as the difference between market value at the year end and opening market value (or purchase date if later). Pensions Past and present employees are covered by the provisions of the NHS Pensions Scheme. The Scheme is an unfunded, defined benefit scheme that covers NHS employers, General Practices and other bodies, allowed under the direction of the Secretary of State, in England and Wales. The scheme is not designed to be run in a way that would enable NHS bodies to identify their share of the underlying Scheme assets and liabilities. Therefore, the Scheme is accounted for as if it were a defined contribution scheme: the cost to the NHS Body of participating in the Scheme is taken as equal to the contributions payable to the Scheme for the accounting period. The Scheme is subject to a full actuarial investigation every four years. The main purpose of which is to assess the level of liability in respect of the benefits due under the scheme (taking into account its recent demographic experience), and to recommend the contribution rates to be paid by employers and scheme members. The last such investigation, on the conclusions of which scheme contribution rates are currently based, had an effective date of 31 March 2004 and covered the period from 1 April 1999 to that date. Between the full actuarial valuations, the Government Actuary provides an annual update of the scheme liabilities for FRS17 purposes. The latest assessment of the liabilities of the Scheme is contained in the Scheme Actuary report, which forms part of the NHS Pension Scheme (England and Wales) Resource Account, published annually. These accounts can be viewed on the Business Service Authority - Pensions Division website at Copies can also be obtained from The Stationery Office. The conclusion of the 2004 investigation was that the scheme had accumulated a notional deficit of 3.3 billion against the notional assets as at 31 March This is after making some allowance for the one-off effects of pay modernisation, but before taking into account any of the scheme changes which come into effect on 1 April Taking into account the changes in the benefit and contribution structure effective from 1 April 2008, employer contributions could continue at the existing rate of 14% of pensionable pay. On advice from the actuary, scheme contributions may be varied from time to time to reflect changes in the scheme s liabilities. Up to 31 March 2008 employees paid contributions at the rate of 6% (manual staff 5%) of their pensionable pay. From 1 April 2008, employees will pay contributions according to a tiered scale from 5% up to 8.5% of their pensionable pay. elated Party transactions During the year none of the Trustee members or members of the key management staff or parties related to them has undertaken any material transactions with Wrightington, Wigan and Leigh Health Services Charitable Trust. Board members (and other senior staff) take decisions both on Charity and Exchequer matters but endeavour to keep the interests of each discrete and do not seek benefit personally from such decisions. Declarations of personal interest have been made both in capacities and are available to be inspected by the public. The Trustee has purchased Directors and Officers liability insurance.

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21 3. Analysis of voluntary income Donations 2007/ /07 '000 '000 Hand Research Salaries - Hand & Upper limb Patient Information Centre - Wrightington Dr Naqvi - Cardiology Services ABC Soroptomists Paediatric Colostomy 8 - Pharmacy 7 6 Others ( 107 funds) Sub Legacies Wrightington Hip Research - Wrightington Dr Naqvi Heart Research - Trust Wide Dr Wardmans Respiratory Diseases 40 - Wrightington Patient Amenities 7 - RAEI Cancer Care & Therapy 5 93 RAEI Equipment - 85 Rheumatology Research - Wrightington - 72 Wrightington General Purpose - Wrightington - 25 Intensive Care unit - 15 Foot and Ankle Research - Wrightington - 10 Other 1 3 Sub gross income from investments and cash on deposit 2007/ / Dividend income from investments listed on Stock Exchange 6 6 Interest & dividends from investments in a common investment fund Interest from Bank / Building Society Deposits

22 5. Incoming resources from charitable activities The income was primarily from the provision of training courses in furtherance of the charity's objects in both the current and previous years. The income received by the Mobility Centre was for the provision of driving assessments. 2007/ /07 '000 '000 Mobility Centre - Patient Mobility & Driving Assessment 4 30 Upper Limb Courses - Hand & Upper limb Education Research Post Graduate Services - Education Services Investment management fee The cost of managing the investment portfolio for 2008 is 9,109 (2007: 8,143) 7. Analysis of charitable expenditure The charity undertook direct charitable activities and made available grant support to Wrightington, Wigan and Leigh NHS Trust in support of donated assets Activities undertaken Grant funded directly activity Support Costs '000 '000 '000 '000 Patients Comforts and Welfare Purchase of New Equipment Patient Information Centre - Wrightington Medical research & Education Staff Welfare - Education & Training Allocation of support costs and overheads Allocation and 2007/08 Allocated to Residual for Basis of apportionment to Governance apportionment Apportionment Governance Costs '000 '000 '000 Salaries & related costs Fixed allocation plus number of transactions Insurance 1 1 Governance Internal Audit 1 1 Governance External Audit Governance in 2006/07 these costs where Salaries & related costs Insurance 1 1 Computers/incidentals 4 4 Internal Audit 1 1 External Audit

23 9. Analysis of grant All grants are made to the Wrightington, Wigan and Leigh NHS Trust in the form of donated assets. No grants are made to Individuals. 10. Analysis of staff costs 2007/ / Salaries and wages Social security costs Pension costs The average number of employees in the year 2007/ /07 WTE WTE Research - Hip, hand & upper limb 8 8 Patient Welfare - Cardiology, diabetes& haematology WTE- whole time equivalents 11. Auditors remuneration The auditors remuneration of 11,750 (2007: 11,750) is related solely to the audit with no other additional work undertaken. 12. Fixed asset investments Movement in fixed asset investment 2007/ / Market value brought forward 2,465 2,372 Add: additions to investments at cost 4,324 4,999 Less disposals at carrying value (4,046) (4,924) Add net gain (loss) on revaluation Market value as at 31 March 2,771 2,465 Historic cost as at 31 March ,748 2,450 Market value as at 31 March / / Investments in Government Gilts Cash held as part of investment portfolio 2,722 2,364 market value of fixed asset investments 2,771 2, Analysis of current assets 2007/ /07 Debtors under 1 year Accrued income - Gift Aid Scheme 4 3 Research salaries debtors falling due within one year

24 14. Analysis of current liabilities and long term creditors 2007/ /07 Creditors under 1 year Bank overdraft - 8 Trade creditors 2 1 Accruals Contingencies The Trust has no contingent liabilities or gains. 16. Commitments The Trust has no material legally binging commitments. 17 Analysis of unrestricted designated funds Balance Incoming Resources Gains & Fund b/fwd Resources Expended Losses c/fwd Material Funds Hip legacy - RH Johnson Dr Naqvi Heart Wrightington General Purpose Rheumatology Research Hydrotherapy Pool Kinematic Research Hand Research Salaries RAEI Cancer Care & Therapy - Patient Welfare RAEI Equipment Neonatal unit Haematology Dept Equip Develop ABC Soroptomists Other (84 funds) PCT Funds Mobility Centre Mary Sheridan Centre Physiotherapy Patient Amenities Others (11 funds) Boroughs Partnership District Psychological Services Mental Health Community Leigh Mental Illness Dr Rathod Psych Equip , ,768 In 2008/09 the funds relating to 5 Boroughs Partnership NHS Trust were transferred to them on 17th April

25 18 Material unrestricted fund detail Fund name Patient Information Centre - Wrightington Dr Naqvi Heart Services - Trust Wide Hydrotherapy Pool - Wrightington Hand Research Salaries - Education & Research at Wrightington Wrightington General Purpose Kinematic Research - Hip Research & Education Wrightington Rheumatology Research - Education & Research Wrightington Neonatal Unit - Royal Albert Edward Infirmary Haematology Department Education, Training & Development - Trust Wide ABC Soroptomists - Royal Albert Edward Infirmary Hip legacy - RH Johnson - Wrightington RAEI Cancer Care & Therapy - RAEI RAEI Equipment - RAEI Description of the nature and purpose of each fund For the refurbishment of the Charnley museum and upgrading of the lecture theatre facilities. The provision of equipment, development & training associated with Cardiology services. For the relief of sickness at the Wrightington Hospital by the provision and maintenance of a hydrotherapy pool and associated facilities. For any charitable purpose(s) principally at or in connection with Wrightington Hospital which will further the advancement of scientific, and medical research in topics related to hand and upper limb surgery For any charitable purpose or purposes relating to the national health service wholly or mainly for the Wrightington Hospital For any charitable purpose(s) principally at or in connection with Wrightington Hospital which will further the advancement of scientific, and medical education and research in topics related to bio-physical studies into joint arthroplasties. For any charitable purpose(s) principally at or in connection with the Wrightington Hospital which will further the following aims: a. investigation of the causes of rheumatoid arthritis b. the prevention, treatment, cure and defeat of rheumatoid arthritis in all of its forms. Provision of equipment for the Neonatal unit The provision of equipment, development & training education for the haematology department. Purchase of equipment associated with the mammography department at RAEI. For the provision of hip research at Wrightington Hospital Provision of cancer care & therapy at Royal Albert Edward Infirmary Provision of equipment for Royal Albert Edward Infirmary 19. Fund mergers in 2007/08 The following fund merger took place in this financial period: Rainbow Ward Upper Johnson Ward Provision of patients comforts and equipment for the ward 14