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:///www.nhsemployers.org/
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.
The report and other Board papers are available here
Major plans for Capital expenditure are outlined below.
|2018/19 Capital Programme|
|IM & T Schemes|
|Winpath laboratory management system||448|
|EDMS storage and on-demand scanning (NHS digitisation strategy)||300|
|Patient Administration System upgrade||237|
|Entrance 2 & 4 lifts (King's Mill Hospital)||290|
|Spine corridors upgrade (King's Mill Hospital)||490|
|Fire safety system upgrade (Newark Hospital)||240|
|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|
Details of items of expenditure over £25,000 for each month is contained in these reports: