Annual Accounts

NHSBT Accounts

NHS Blood and Transplant is a Special Health Authority and is treated as a Non Departmental Body (NDPB) under the Government Financial Reporting Manual (FReM). In accordance with this guidance NHSBT reports on a net expenditure basis with grant-in-aid received from the Department of Health recognised in the general reserve.

On this basis, for the period ending 31 March 2010 the Authority has reported net expenditure of £102.8 million. This reflects the operating costs of Authority, as all blood and tissues collected are freely donated by volunteer donors. This result is consistent with an income/expenditure surplus of £4.9m.

Note 2 to the Accounts reconciles the net expenditure position to an income/expenditure basis, described as our operating surplus and treating the £71.7m Grant in Aid received from the Department of Health as income.

The NHSBT Annual Report and Accounts include details of Board salaries. Please click here for details of Board expenses for 2009/10.