Annual report 2010/11 - East Cheshire NHS Trust

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$Clavicle fracture - children.pdf - East Cheshire NHS Trust$

The financialreportIntroductionIn 2010/11 the trust delivered its financial plan, andcontinued to improve its historic income and expenditureposition.To achieve this objective the trust has made progress inseveral areas. It has successfully delivered its costimprovement plan and worked with commissioners todeliver agreed contracts and support the trust’sfinancial plan.For 2011/12 the trust plans to further improve its financialstability and achieve a £250k surplus. This will be deliveredthrough a significant efficiency and productivityprogramme, whilst maintaining high quality services topatients. The 2011/12 plans also include the integration ofcommunity services and acute services.Achievements in 2010/11 are outlined below:Performance area Objective Outcome1. Income and expenditure Surplus £250k Achievedsurplus £345k2. External financing limit Managing within the cash limit agreed Achievedwith the Department of Health.within the £50k tolerance3. Capital resource limit Managing capital expenditure within the Achievedcapital resource limits agreed with theDepartment of Health.4. Capital cost absorption rate Making at least 3.5% return on the trust Achievednet relevant assets.5. Cost improvement programme Deliver identified efficiency schemes. Achievedefficiency programme £6,500k6263
IncomeExpenditureCapital programmeStatement on internal controlThe trust has delivered its 2010/11 income targets. Thetrust’s improvements in streamlining clinical process haslead to productivity gains that have supported localcommissioner sustainability plans. The following analysis ofthe trust’s position identifies where the organisation hasgenerated its income.In 2010/11 the trust spent £116m on delivering services topatients and managing the organisation. A summaryanalysis of operating expenditure is detailed below.The trust has invested £2,918k in 2010/11 to improvefacilities and equipment for patient care. Key investmentcan be summarised as follows:Capital scheme £0001. Backlog maintenance/hospital master plan 1,539The Trust Board is accountable for internal control. A fullcopy of The Statement on Internal Control 1 is included inthe 2010/11 Annual Accounts. A full copy of the Statementof Internal Control can be viewed on the trust websitehttp://www.eastcheshire.nhs.uk/About-The-Trust/Trust-Board/Annual-reports.htmlEast Cheshire NHS Trust income analysis 2010/11East Cheshire NHS Trust expenditure 2010/112. Remodelling the estate 4283. CT scanner enabling 251Fraud awareness4. ETU development 735. Pacing room 226. Health and safety 30The trust has an accredited local counter fraud specialistbased within the Internal Audit Department. The trustcomplies with the national counter fraud initiative.7. Operational equipment 2368. IT schemes 339Management costsChanges to accounting policiesThe trust has amended its accounting policies following therevaluation of the land and buildings. The estimationtechnique used for asset lives takes into account thefunctional operational life of a complete building. It isconsistent with professional guidance and standards.The trust management costs as a percentage of incomehave increased slightly from 4.1% 2009/10 to 4.3% in2010/11.Management costs 2010-11 2009-10£000 £000Management costs 5,035 4,647Primary Care TrustsNon-Patient Care Services to Other BodiesEducation and TrainingOther IncomeNHS OtherStaff Costs (permanently employed staff)Supplied and ServicesStaff Costs (locums, agency and bank staff)DepreciationClinical negligenceOtherConsultancy CostsServices from Other NHS TrustsEducation and TrainingThe trust has completed its accounts on a going concernbasis. The directors have considered the trust’s financialplans and are satisfied that this approach will continue infuture years.Income 116,002 113,2041 A copy of the Annual Accounts can be obtained from theDirector of Finance,Trust Headquarters,Ingersley Building,Victoria Road,Macclesfield,SK10 3BL.6465
Page 1: Annual Report& SummaryFinancialStat
Page 4: The trust’smissionTo be the hospi
Page 7: The trustAll Clinical BusinessUnits
Page 10 and 11: Women’s and Chidren’s Business
Page 14 and 15: IA new surgical procedure which cou
Page 16 and 17: Registration under the Health and S
Page 18 and 19: Emergency preparednessPatient safet
Page 20 and 21: The people whowork hereWe undertook
Page 22 and 23: Other awards and recognitionBritish
Page 24 and 25: The communitywe serveInvolving the
Page 26 and 27: Monthly auditsIn order to demonstra
Page 28 and 29: Key achievements over the past year
Page 30 and 31: Trust support for armed forcesEast
Page 34 and 35: Better payment practice codeExterna
Page 36 and 37: Statement of the Chief Executives r
Page 38 and 39: Statement of financial position as
Page 40 and 41: Statement of changes in taxpayers
Page 42 and 43: Salary and pension entitlements ofN
Page 44 and 45: Exit packages for staff leaving 201
Page 46 and 47: NotesNotes9091

Annual report 2010/11 - East Cheshire NHS Trust

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