Agenda• Welcome, introduction and apologies

• Chief Executive’s Report– Annual Review

• Finance Report– Annual Accounts

• Questions and Answers

Frances StreetChairman

Simon Gilby

Chief Executive

Annual Review

• Safe high quality services delivered by skilled, professional and dedicated staff

• 1.1 million patient contacts across our core services

• Five routine CQC inspections – passed without conditions

• Met or exceeded the majority of contractual targets

• Productive relationships with commissioners

Annual Review

• Continuing to listen to patients and staff

• 97% of patients would recommend our services to friends and family

• Improved the way we manage and use feedback

• Achievement of our quality objectives outlined in our Quality Account 2013/14

• Development of our five year business strategy

Annual Review

• Increase in the number of staff who would

recommend the Trust as a place to receive treatment

• Above average number of staff reporting job satisfaction for working in a community trust in the National NHS Staff Survey

• Over 4500 members and 100 volunteers

Looking forward

• Rising patient expectations• Improved outcomes for patients and better

engagement• People are living longer• 30,000 people aged 65+ with a long term illness• Focus on highest quality community services at

the heart of our ambitious plans

Looking forward

• Clear link between what our staff do, our business plan and commissioner expectations

• Foundations for sustainability• Flexible and responsive organisation

• Maintain quality in a challenging economic climate

• Continue to be preferred provider for existing core business

Foundation Trust

September 2014:Chief Inspector of Hospitals - CQC Inspection

Late October / mid November:CQC Inspection report / end of review

Expected March 2015:Trust Development Agency (TDA) Final approval and passed to Monitor

Expected April – December 2015:Monitor assessment and FT approval (6-9months)

An organisation of skilled, committed, caring and well-led staff who are working hard to deliver safe, responsive and effective care – day in day out

Roy Jackson

Interim Director of Finance & Development

Annual Review-Finance

• Achieved all of our Statutory Financial Duties for a third year

• Received £69.8m for delivering healthcare services across Wirral and beyond

• Delivered a surplus of £923k (excluding property impairments)

• Invested £1,059k on capital and infrastructure items

• Delivered £3.3m of efficiency savings

Where does our funding come from?• Received £69.8m for delivering healthcare services to

patients• Total income comes from the following sources:

Clinical Commissioning Groups (CCGs) - £49.0m

NHS England - £9.5m

Local authorities - £7.7m

Non NHS patient care - £0.3m

Education, training and research - £0.3m

NHS Foundation Trusts - £2.0m

Other revenue - £1.0m

How do we spend our funding?

Employee Costs - £45.3m

Purchase of healthcare from non NHS bodies - £0.6m

Board Members £0.6m

Supplies and services - £9.7m

Establishment - £2.5m

Premises & Transport - £7.8m

Depreciation - £0.9m

Impairment £9.3m

Other - £1.5m

• Spent a total of £68.9m in the delivery of our

services to patients + £9.3m accounting impairment

• £45.3m was spent on staff costs

Statutory Duties

Statutory Duty Target Planned Performance Actual Performance

Break Even Duty Break-even £900k Surplus £923k Surplus

Capital Cost Absorption Rate 3.5% 3.5% 3.5%

Capital Resource Limit £1,059k or less £1,059k £,1059k

External Financing Limit £663k or less (£621k) (£621k)

Our Financial Future• Effective financial planning key to our future as an

aspirant Foundation Trust • Significant financial challenges ahead

• Deliver a further £3.3m costs savings in 2014/15 through cost improvement plans

• Release of 23% of total costs by 2018/19

• Build long term organisational sustainability

Thank you to Trust staff

• Our 2013/14 financial success was aided by staff

seeking to optimise the use of all our resources.

• Our on-going cost improvement challenge will be

achieved with your help & assistance.

• Whilst continuing to ensure our quality of care is not compromised in delivering savings and efficiencies