Finances


Information about the Trust's Finances.

What we spend and how we spend it

Annual accounts

The Trust's Annual Accounts form part of the Annual Report and Accounts.

Salaries and payments

The following items are reported within the Trust’s Annual Report and Accounts:

  • Board members’ and Governors’ expenses
  • Board members’ remuneration
  • The ‘pay multiple’ - the ratio between the highest paid salary and the median salary of the whole Trust’s workforce.

Allowances and expenses

Allowances and expenses paid to individual Board members and Governors are included in the Trust's Annual Report and Accounts. Allowances and expenses that can be incurred or claimed by Trust employees are in line with standard NHS contracts.

These contracts can be found on the NHS Employers website.

Financial statements, budgets and variance reports

Monthly Performance Report to the Board of Directors

The Trust’s financial performance is reported each month to the Board of Directors within an Integrated Performance Report. View the report and board papers.

Expenditure

Details of items of expenditure over £25,000 for each month is contained in these reports:

Links open in new window.

Standing Financial Instructions (SFIs)

These SFIs detail the financial responsibilities, policies and procedures to be adopted by the Foundation Trust. They are designed to ensure that its financial transactions are carried out in accordance with the law and Government policy in order to achieve probity, accuracy, economy, efficiency and effectiveness.

View the Standing Financial Instructions document (opens in new window).