Annual Report and Accounts 2019/20 Daryl Chapman Chief Finance Officer On line Meeting 9 October, 2020
What we have achieved… • We had an agreed plan to deliver a £0.2m surplus • We delivered a £1.5m surplus; with £1.3m additional central funding • Underlying deficit of £3.3m, after removal of PSF and FRF (£3.5m in total) • Cash of £17.9m at year end • Capital expenditure of £8.6m
Our sources of income…
Where we spent the money…
Capital investments during the year • Refurbishment of wards and community areas: £2.4m • Safety and Quality schemes: £1.8m • Investment in Digital improvements: £3.1m (£0.5m DoHSC funding) • Preliminary spend on new wards: £0.2m • Estates maintenance £0.6m
Our financial challenges in 2019/20 were: • Ongoing national staff shortages and subsequent spend on agency and locum staff • Continued demand for services, particularly for inpatient beds and subsequently Out of Trust placements • Increased investment in quality and safety initiatives removes flexibility in budgets
Challenges for 2020/21 • Covid pandemic: • Safety of service users, families, staff and communities • Short-term financial framework • Changes to environments and working practices • Ongoing capital and revenue investment to enable quality improvement • Staff recruitment and retention • Demand and capacity management and reduction in Out of Area placements • Transformation of services particularly Children and Young People, and support to Primary Care Network development
Correction to prior year Analysis of staff costs - 18/19 Restated The table shows the staffing costs by staff classification during 2019/20 (SR10) 2019/20 2018/19 Staff Group Permanent Other* Total Permanent Other* Total £000s £000s £000s £000s £000s £000s Medical and dental 15,513 11,737 27,250 15,662 9,226 24,888 Administration and estates 33,000 4,287 37,287 32,995 4,553 37,548 Healthcare assistants and 26,855 7,192 34,046 24,404 8,097 32,501 other support staff Nursing, midwifery and 47,585 6,868 54,453 44,940 5,842 50,782 health visiting staff Scientific, therapeutic and 25,692 3,103 28,795 21,238 980 22,219 technical staff Social care staff 3,218 - 3,218 2,356 45 2,401 Total 151,863 33,187 185,050 141,595 28,743 170,338 * ’other’ includes short-term contract staff, inward secondments, agency and other temporary staff.
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