Transparency
Annual Review and Accounts
Annual Review
Welcome to the NHS Blood and Transplant review of 2009/10. It provides a useful snapshot of how we are progressing against our goal to deliver world class services to the NHS, underpinned by our unique clinical knowledge and experience.
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
comprehensive 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 2011 the Authority
has reported total comprehensive net expenditure of £66.7
million. This reflects the total 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 £14.3 million, shown in Note 2 to
the Accounts. This note reconciles the net operating expenditure
position to an income/expenditure basis, described as our net
operating surplus for the period and treating the £62.2 million
Grant in Aid received from the Department of Health as income.