1. 12 Months to 31st March 2017 Financial Performance and Accounts
Andrew Lee, Director of Finance & Commerce

2. Financial Targets as a Foundation Trust
Achieve plan submitted to NHS Improvement – Surplus £654k (our Revenue Control Total)
Deliver savings programme - £4.1m
Single Oversight Framework of at least 2

3. Headlines for the Year
Surplus of £0.677m before impairments, above plan
Single Oversight Framework Rating 2
Capital expenditure £10.2m
increase of £2.9m
Additional STF of £0.587m
Cash balance of £11.0m, decrease of £9.6m
Savings programme delivered £4.2m of efficiencies
Deficit of £2.302m after impairments
Clean audit opinions

4. Financial Targets – how did we do?

5. Statement of Comprehensive Income

6. Where does the income come from?

7. How was expenditure split?
£ m

8. Capital 2016/17
The Trust uses the surplus it generates to help fund the capital programme and improve the facilities for our service users and staff.

9. Forward Look

10. Further Information www.2gether.nhs.uk Communications Department
2gether NHS Foundation Trust
Rikenel
Montpellier
Gloucester
GL1 1LY
Tel: