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What we spend and how we spend it

Information about the Trust's Finances:-


The Trust's Annual Accounts form part of the Annual Report and Accounts which is available here

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:-    Http:///



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.

The report and other Board papers are available here

Capital Programme

Major plans for Capital expenditure are outlined below.

2018/19 Capital Programme
Scheme Description £000
IM & T Schemes  
e-Prescribing 300
Winpath laboratory management system 448
EDMS storage and on-demand scanning (NHS digitisation strategy) 300
Patient Administration System upgrade 237
Building Schemes  
Entrance 2 & 4 lifts (King's Mill Hospital) 290
Spine corridors upgrade (King's Mill Hospital) 490
Fire safety system upgrade (Newark Hospital) 240
Equipment Schemes  
Radiology CT scanner (King's Mill Hospital) 600
Ultrasound devices - Cardiology 212
One-stop Breast Clinic - includes £110k on building refurbishment 450
Private Finance Initiative (PFI) Costs  
Lifecycle replacement 1,319



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

April 2018 - March 2019

April 2017 - March 2018

April 2016 - March 2017