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					                             NHS BARNSLEY
                                      10 May 2010

                             Draft 2009/10 Annual Accounts

This report details the key milestones for the delivery of 2009/10 Annual Accounts
along with the performance against the statutory financial duties.

The Board is asked to:

             •   Adopt the unaudited draft Annual Accounts
             •   Delegate the signing of the final 2009/10 Annual Accounts to the Audit
                 Committee




                                                               S Hackett
                                                               Director of Finance

Longfield Court
April 2010




Accounts Cover 100510                                                        06 May 2010
                                 NHS BARNSLEY
                                        10 May 2010

                                  Annual Accounts 2009/10

1.       Introduction

         This paper is presented to show how the production of the 2009/10 Annual
         Accounts has been managed along with presenting the Draft Unaudited
         Annual Accounts for adoption.

         The table in section 2 shows the processes involved in closing down the
         Accounts to ensuring that the statutory deadlines are met by the PCT. The
         Audit Committee will review the Accounts at an informal meeting 1st June
         2010 and the formal meeting on 8th June 2010.

2.       Key dates and milestones.

Event                                                             Date By
Deadline for management of the PCTs cash position             31st March 2010

Action complete
Submit draft accounts to the Audit Commission,                 22nd April 2010
Department of Health and Strategic Health Authority

Action complete
Audit Commission start intensive review of Accounts and        26th April 2010
working papers

Work underway

Draft Accounts to be included on the Public Board              10th May 2010
agenda, including a paper to describe delegated power
to the Audit Committee to sign off the Accounts due to
the timing of Board and deadlines for Accounts sign off

Informal Audit Committee – detailed review of Accounts         1st June 2010

Formal Audit Committee reviews and adopts the                  7th June 2010
Accounts

Directors Certificates and Accounts signed along with          11th June 2010
Audit Certificates – These forwarded to Department of
Health




Annual Accounts - Board May 10                                           06 May 2010
3.       Achievement of Statutory Financial Duties.

         The achievement of the statutory financial duties, as highlighted in the
         attached draft unaudited Annual Accounts are as follows:

Main Area                                             £’000         Page in Accounts
Statutory financial balance achieved                  3,461                17
against revenue resource limit                                          Note 3.1
Remain within the capital resource limit               100                 17
allocated to the PCT                                                    Note 3.2
Provider functions fully recover their costs          (694)                17
and demonstrate a surplus                                               Note 3.3
Manage the cash position of the PCT and
remain within the cash limit allocation

Cash in bank                                           204               2 and 40
Better payments policy
Non NHS                                           Volume 96.8%              24
                                                   Value 99.2%              24
NHS
                                                  Volume 97.8%              24
                                                   Value 99.9%              24



4.       Recommendation

         The Board has previously approved the proposed course of action as
         described in section 2 to ensure that the accounts are approved in time to
         meet the prescribed timetable.

         The Board is asked to give delegated authority to the Audit Committee to
         approve the signing of the accounts incorporating any agreed changes at its
         meeting on 7th June 2010 in advance of the deadline of 11th June 2010.

         The Board is asked to:

             •    Adopt the unaudited draft Annual Accounts
             •    Delegate the signing of the final 2009/10 Annual Accounts to the Audit
                  Committee




                                                   S Hackett
                                                   Director of Finance

         Longfield Court
         April 2010



Annual Accounts - Board May 10            2                                   06 May 2010
Data entered below will be used throughout the workbook:


PCT name:                  Barnsley Primary Care Trust
This year                  2009/10
Last year                  2008/09
This year ended            31 March 2010
Last year ended            31 March 2009
This year commencing:      1 April 2009




                                                           Intro
                  FOREWORD TO THE ACCOUNTS



                    BARNSLEY PRIMARY CARE TRUST




These accounts for the year ended 31 March 2010 have been prepared by the Barnsley Primary
Care Trust under section 98(2) of the National Health Service Act 2006 in the form which the
         Secretary of State has, with the approval of the Treasury, directed.
Barnsley Primary Care Trust - Annual Accounts 2009/10

                    OPERATING COST STATEMENT FOR THE PERIOD ENDED
                                      31 March 2010

                                                                        2009/10      2008/09
                                                                 NOTE    £000         £000
Commissioning
Employee benefits                                                 7.1       13,824         8,435
Other costs                                                       5.1      970,365      577,238
Income                                                            4      (590,565)     (232,150)
Commissioning net operating costs                                          393,624      353,523

Provider
Employee benefits                                                 7.1       61,946        55,538
Other costs                                                       3.3       70,902        69,221
Income                                                            3.3     (92,067)      (84,783)
Provider net operating costs                                                40,781        39,976

PCT net operating costs before interest                                    434,405      393,499


Investment income                                                  9          (37)         (20)
Other (Gains)/Losses                                              10         (240)        (134)
Finance costs                                                     11           770          773
Net operating costs for the financial year                                 434,898      394,118

The notes on pages 5 to 46 form part of this account.




                                                        Page 1
Barnsley Primary Care Trust - Annual Accounts 2009/10

                                      STATEMENT OF FINANCIAL POSITION AS AT
                                                  31 March 2010

                                                                      31 March 2010      31 March 2009         1 April 2008
                                                           NOTE           £000               £000                 £000
NON-CURRENT ASSETS
Property, plant and equipment                                12               49,966              57,452                 57,382
Intangible assets                                            13                  265                  273                   319
Other financial assets                                       30                  267                  259                   262
Trade and other receivables                                 17.1                    0                    0                     2
TOTAL NON-CURRENT ASSETS                                                      50,498              57,984                 57,965

CURRENT ASSETS
Inventories                                                 16.1                    0                    0                     0
Trade and other receivables                                 17.1              22,276              13,591                 12,011
Other financial assets                                       30                     2                    2                     0
Other current assets                                         31                     0                    0                     0
Cash and cash equivalents                                    32                  204                  77                    119
                                                                              22,482              13,670                 12,130
Non-current assets classified "Held for Sale"                15                     0                    0                     0
TOTAL CURRENT ASSETS                                                          22,482              13,670                 12,130

TOTAL ASSETS                                                                  72,980              71,654                 70,095

CURRENT LIABILITIES
Trade and other payables                                     18              (41,369)            (34,314)               (29,382)
Other liabilities                                            20                     0                    0                     0
Provisions                                                   21                (380)                (399)                 (554)
Borrowings                                                   19                (326)                (206)                 (268)
Other financial liabilities                                  24                     0                    0                     0
TOTAL CURRENT LIABILITIES                                                    (42,075)            (34,919)               (30,204)
TOTAL ASSETS LESS CURRENT LIABILITIES                                         30,905              36,735                 39,891
NON - CURRENT LIABILITIES
Trade and other payables                                     18                     0                    0                     0
Provisions                                                   21                (740)                (674)                 (833)
Borrowings                                                   19               (8,866)             (9,192)                (7,153)
Other financial liabilities                                  24                     0                    0                     0
Other liabilities                                            20                     0                    0                     0
TOTAL NON - CURRENT LIABILITIES                                               (9,606)             (9,866)                (7,986)
TOTAL ASSETS EMPLOYED                                                         21,299              26,869                 31,905
FINANCED BY:
TAXPAYERS' EQUITY
General fund                                                                   9,318              10,653                 14,789
Revaluation reserve                                                           11,572              15,755                 16,633
Donated asset reserve                                                             37                   40                     53
Government grant reserve                                                         372                  421                   430
Other reserves                                                                     0                   0                      0
Total Taxpayers' Equity:                                                      21,299              26,869                 31,905

The notes on pages 5 to 46 form part of this account.
The financial statements on pages 1 - 4 were approved by the Audit Committee on behalf of the Board on 7th June 2010,
and signed on its behalf by

Chief Executive:                                            Date:




                                                                    Page 2
Barnsley Primary Care Trust - Annual Accounts 2009/10

                                                STATEMENT OF CHANGES IN TAXPAYERS' EQUITY
                                                        For the year ended 31 March 2009

                                                                General fund    Revaluation       Donated         Govt. grant       Other          Total
                                                                                  reserve       asset reserve      reserve         reserves       reserves

                                                                   £000            £000             £000             £000           £000           £000
Balance at 31 March 2008                                             14,789          16,633                 53              430               0      31,905
Changes in accounting policy                                              0               0                  0                0               0           0
Restated balance at 1 April 2008                                     14,789          16,633                 53              430               0      31,905

Changes in taxpayers’ equity for 2008/09
Net operating cost for the year                                    (394,118)                0                 0                0              0    (394,118)
Net gain on revaluation of property, plant, equipment                      0           2,485                  2               18              0        2,505
Net gain on revaluation of intangible assets                               0                0                 0                0              0            0
Net gain on revaluation of financial assets                                0                0                 0                0              0            0
Net gain on revaluation of assets held for sale                            0                0                 0                0              0            0
Receipt of donated or government granted assets                            0                0                 0                0              0            0
Movements in other reserves                                                0                0                 0                0              0            0
Impairments and reversals                                                  0         (3,329)                (1)              (8)              0      (3,338)
Release of reserves to OCS                                                 0              (2)              (11)             (19)              0         (32)
Non-cash charges – cost of capital                                     1,024                0                 0                0              0        1,024
Transfers between reserves                                                35            (32)                (3)                0              0            0
Transfers to/(from) other bodies within the Resource boundary              0                0                 0                0              0            0
Total recognised income and expense for 2008/09                    (393,059)           (878)               (13)              (9)              0    (393,959)
Net Parliamentary funding                                            388,923               0                 0                0               0     388,923
Balance at 31 March 2009                                              10,653         15,755                 40              421               0      26,869




                                                STATEMENT OF CHANGES IN TAXPAYERS' EQUITY
                                                        For the year ended 31 March 2010

                                                                  General       Revaluation       Donated         Govt. Grant       Other          Total
                                                                   Fund          Reserve           Asset           Reserve         Reserves       Reserves
                                                                                                  Reserve
Changes in taxpayers’ equity for 2009/10                           £000            £000            £000              £000           £000            £000
Balance at 1 April 2009                                               10,653          15,755                 40              421              0        26,869
Net operating cost for the year                                    (434,898)               0                  0                0              0    (434,898)
Net gain on revaluation of property, plant, equipment                      0               0                  0                0              0             0
Net gain on revaluation of intangible assets                               0               0                  0                0              0             0
Net gain on revaluation of financial assets                                0               0                  0                0              0             0
Net gain on revaluation of assets held for sale                            0               0                  0                0              0             0
Receipt of donated or government granted assets                            0               0                  0                0              0             0
Movements in other reserves                                                0               0                  0                0              0             0
Impairments and reversals                                                  0         (4,149)                  0             (34)              0       (4,183)
Release of reserves to OCS                                                 0               0                (3)             (15)              0          (18)
Non-cash charges – cost of capital                                       842               0                  0                0              0           842
Transfers between reserves                                                34            (34)                  0                0              0             0
Transfers to/(from) other bodies within the Resource Boundary              0               0                  0                0              0             0
Total recognised income and expense for 2009/10                    (434,022)         (4,183)                (3)             (49)              0    (438,257)
Net Parliamentary funding                                            432,687               0                  0                0              0      432,687
Balance at 31 March 2010                                               9,318         11,572                 37              372               0      21,299


The notes on pages 5 to 46 form part of this account.




                                                                       Page 3
Barnsley Primary Care Trust - Annual Accounts 2009/10

                               STATEMENT OF CASH FLOWS FOR THE YEAR ENDED
                                               31 March 2010

                                                                                            2009/10        2008/09
                                                                                     NOTE    £000           £000
Cashflow from operating activities
Net operating cost before interest                                                          (434,405)      (393,499)
Other cash flow adjustments                                                           39        7,069          6,595
Movements in Working Capital                                                          38      (2,106)          3,818
Provisions utilised                                                                   21        (252)          (509)
Interest paid                                                                                       0              0
Net cash outflow from operating activities                                                  (429,694)      (383,595)
Cash flows from investing activities
Payments to purchase property, plant and equipment                                             (2,036)        (4,409)
Payments to purchase intangible assets                                                            (77)           (32)
Proceeds of disposal PPE & intangible assets                                                       280             16
Purchase of financial investments (LIFT)                                                             0              0
Sale of financial investments (LIFT)                                                                38            133
Loans made in respect of LIFT                                                                        0              0
Loans repaid in respect of LIFT                                                                      0              0
Payments for other financial assets                                                                  0              0
Proceeds from disposal of other financial assets                                                     0              0
Interest received                                                                                   29             20
Rental Income                                                                                        0              0
Net cash inflow/(outflow) from investing activities                                            (1,766)        (4,272)
Net cash inflow/(outflow) before financing                                                  (431,460)      (387,867)

Cash flows from financing activities
Net Parliamentary Funding                                                                     432,687        388,923
Other capital receipts surrendered                                                                   0              0
Capital grants received                                                                              0              0
Capital element of payments in respect of finance leases, on-SoFP PFI and LIFT                 (1,100)        (1,098)
Cash transfers (to)/from other NHS bodies                                                            0              0
Net cash inflow/(outflow) from financing                                                      431,587        387,825

Net increase/(decrease) in cash and cash equivalents                                              127            (42)

Cash (and) cash equivalents (and bank overdrafts) at the beginning of the
financial year                                                                                        77         119
Effect of exchange rate changes on the balance of cash held in foreign currencies                      0           0

Cash (and) cash equivalents (and bank overdrafts) at the end of the financial year                204                77

The notes on pages 5 to 46 form part of this account.




                                                            Page 4
Barnsley Primary Care Trust - Annual Accounts 2009/10

                                                       NOTES TO THE ACCOUNTS

Note 1. Accounting policies
The Secretary of State for Health has directed that the financial statements of PCTs shall meet the accounting requirements of the PCT
Manual for Accounts, which shall be agreed with HM Treasury. Consequently, the following financial statements have been prepared in
accordance with the 2009/10 PCTs Manual for Accounts issued by the Department of Health. From the current year, the accounting policies
contained in that manual follow International Financial Reporting Standards (IFRS) to the extent that they are meaningful and appropriate to
the NHS, as determined by HM Treasury, which is advised by the Financial Reporting Advisory Board. Where the PCT Manual for
Accounts permits a choice of accounting policy, the accounting policy which is judged to be most appropriate to the particular
circumstances of the PCT for the purpose of giving a true and fair view has been selected. The particular policies adopted by the PCT are
described below. They have been applied consistently in dealing with items considered material in relation to the accounts.

The PCT is within the Government Resource Accounting Boundary and therefore has only consolidated interests in other entities where the
other entity is also within the resource accounting boundary and the PCT exercise in-year budgetary control over the other entity.
For 2009/10, in accordance with the directed accounting policy from the Secretary of State, the PCT does not consolidate the NHS charitable
funds for which it is the corporate trustee.

Note 1.1 Accounting Conventions
These accounts have been prepared under the historical cost convention modified to account for the revaluation of property, plant and
equipment, intangible assets, inventories and certain financial assets and financial liabilities

Acquisitions and Discontinued Operations
Activities are considered to be 'acquired' only if they are acquired from outside the public sector. Activities are considered to be
'discontinued' only if they cease entirely. They are not considered to be 'discontinued' if they transfer from one NHS body to another.
Critical accounting judgements and key sources of estimation uncertainty
In the application of the PCT’s accounting policies, management is required to make judgements, estimates and assumptions about the
carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors, that are considered to be relevant. Actual results may differ from those estimates. The
estimates and underlying assumptions are continually reviewed. Revisions to accounting estimates are recognised in the period in which the
estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both
current and future periods.

Critical judgements in applying accounting policies
Apart from those involving estimations (see below) that management has made in the process of applying the entity’s accounting policies,
no critical judgements have been made that have a significant effect on the amounts recognised in the financial statements.


Key sources of estimation uncertainty
The following are the key assumptions concerning the future, and other key sources of estimation uncertainty at the Statement of Financial
Position date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next
financial year
Asset lives of capitalised property, plant and equipment used in the calculation of depreciation are those prescribed by the Department of
Health with no exceptions.
Intangible assets valuations are shown at fair value (cost less amortisation derived from the economic life of the asset).
Provisions for legal or constructive obligations that are of uncertain timing or amount at the Statement of Financial Position date on the basis
of the best estimate of the expenditure required to settle the obligation (often using the views of a third party ie NHSLA). Where the effect
of the time value of money is significant, the estimated risk-adjusted cash flows are discounted using the Treasury's discount rate of 2.2% in
real terms.




                                                                      Page 5
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.2 Revenue and Funding
The main source of funding for the Primary Care Trust is allocations (Parliamentary Funding) from the Department of Health within an approved
cash limit, which is credited to the General Fund of the Primary Care Trust. Parliamentary funding is recognised in the financial period in which
the cash is received.

Miscellaneous revenue is income which relates directly to the operating activities of the Primary Care Trust. It principally comprises fees and
charges for services provided on a full cost basis to external customers, as well as public repayment work. It includes both income appropriated-
in-aid of the Vote and income to the Consolidated Fund which HM Treasury has agreed should be treated as operating income.
Revenue in respect of services provided is recognised when, and to the extent that, performance occurs, and is measured at the fair value of the
consideration receivable.
Where income had been received for a specific activity to be delivered in the following financial year, that income will be deferred.

Note 1.3 Pooled budgets
The PCT has entered into a pooled budget with Barnsley Metropolitan Borough Council. Under the arrangement funds are pooled under S75 of
the Health Act 2006 for activities relating to Adult Mental Health, Physical Disabilties, Learning Disabilities, Substance Misuse, Older Persons,
Childrens Services and Barnsley Participation Process. A memorandum note to the accounts provides details of the joint income and
expenditure.
The pool is hosted by Barnsley Metropolitan Borough Council. As a commissioner of healthcare services, the PCT makes contributions to the
pool, which are then used to purchase healthcare services. The PCT accounts for its share of the assets, liabilities, income and expenditure of the
pool as determined by the pooled budget agreement.

Note 1.4 Taxation
The PCT is not liable to pay corporation tax. Expenditure is shown net of recoverable VAT. Irrecoverable VAT is charged to the most
appropriate expenditure heading or capitalised if it relates to an asset.

Note 1.5 Capital Charges
A charge, reflecting the cost of capital utilised by the PCT is included in operating costs. The capital charge is 3.5% (2008-09 3.5%) of the net
average assets less liabilities except for donated assets and cash balances with the Office of the Paymaster General (OPG) or Government
Banking Services (GBS) which are excluded from the calculation




                                                                      Page 6
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.6 Property, Plant & Equipment
Recognition
Property, plant and equipment is capitalised if:
● it is held for use in delivering services or for administrative purposes;
● it is probable that future economic benefits will flow to, or service potential will be supplied to, the PCT;
● it is expected to be used for more than one financial year;
● the cost of the item can be measured reliably; and
● the item has cost of at least £5,000; or
● Collectively, a number of items have a cost of at least £5,000 and individually have a cost of more than £250, where the assets are
functionally interdependent, they had broadly simultaneous purchase dates, are anticipated to have simultaneous disposal dates and are under
single managerial control; or

● Items form part of the initial equipping and setting-up cost of a new building, ward or unit, irrespective of their individual or collective cost.
Where a large asset, for example a building, includes a number of components with significantly different asset lives, the components are
treated as separate assets and depreciated over their own useful economic lives.

Valuation
All property, plant and equipment are measured initially at cost, representing the cost directly attributable to acquiring or constructing the asset
and bringing it to the location and condition necessary for it to be capable of operating in the manner intended by management. All assets are
measured subsequently at fair value.
Land and buildings used for the PCT's services or for administrative purposes are stated in the statement of financial position at their revalued
amounts, being the fair value at the date of revaluation less any subsequent accumulated depreciation and impairment losses. Revaluations are
performed with sufficient regularity to ensure that carrying amounts are not materially different from those that would be determined at the end
of the reporting period. Fair values are determined as follows:
 ● Land and non-specialised buildings – market value for existing use.
 ● LIFT land and buildings – present value of minimum lease payments
 ● Specialised buildings – depreciated replacement cost

Until 31 March 2008, the depreciated replacement cost of specialised buildings has been estimated for an exact replacement of the asset in its
present location. HM Treasury has adopted a standard approach to depreciated replacement cost valuations based on modern equivalent assets
and, where it would meet the location requirements of the service being provided, an alternative site can be valued. HM Treasury has agreed
that PCTs must apply these new valuation requirements by 1 April 2010 at the latest. The PCT's assets were re-valued by the District Valuer on
a Modern Equivalent Asset (MEA) basis during 2009/10. The revised valuations are shown in the Statement of Financial Position as at 31
March 2010.
Properties in the course of construction for service or administration purposes are carried at cost, less any impairment loss. Cost includes
professional fees but not borrowing costs, which are recognised as expenses immediately, as allowed by IAS 23 for assets held at fair value.
Assets are revalued and depreciation commences when they are brought into use.

Until 31 March 2008, fixtures and equipment were carried at replacement cost, as assessed by indexation and depreciation of historic cost.
From 1 April 2008 indexation has ceased. The carrying value of existing assets at that date will be written off over their remaining useful lives
and new fixtures and equipment are carried at depreciated historic cost as this is not considered to be materially different from fair value.

An increase arising on revaluation is taken to the revaluation reserve except when it reverses an impairment for the same asset previously
recognised in expenditure, in which case it is credited to expenditure to the extent of the decrease previously charged there. A revaluation
decrease is recognised as an impairment charged to the revaluation reserve to the extent that there is a balance on the reserve for the asset and,
thereafter, to expenditure. Gains and losses recognised in the revaluation reserve are reported in the Statement of Changes in Taxpayers' Equity.
Subsequent expenditure
Where subsequent expenditure enhances an asset beyond its original specification, the directly attributable cost is capitalised. Where
subsequent expenditure restores the asset to its original specification, the expenditure is capitalised and any existing carrying value of the item
replaced is written-out and charged to operating expenses.




                                                                       Page 7
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.7 Intangible Assets
Recognition

Intangible assets are non-monetary assets without physical substance, which are capable of sale separately from the rest of the PCT’s business
or which arise from contractual or other legal rights. They are recognised only when it is probable that future economic benefits will flow to, or
service potential be provided to, the PCT; where the cost of the asset can be measured reliably, and where the cost is at least £5,000.

Intangible assets acquired separately are initially recognised at fair value. Software that is integral to the operating of hardware, for example an
operating system, is capitalised as part of the relevant item of property, plant and equipment. Software that is not integral to the operation of
hardware, for example application software, is capitalised as an intangible asset. Expenditure on research is not capitalised: it is recognised as
an operating expense in the period in which it is incurred. Internally-generated assets are recognised if, and only if, all of the following have
been demonstrated:
● the technical feasibility of completing the intangible asset so that it will be available for use
● the intention to complete the intangible asset and use it
● the ability to sell or use the intangible asset
● how the intangible asset will generate probable future economic benefits or service potential
● the availability of adequate technical, financial and other resources to complete the intangible asset and sell or use it
● the ability to measure reliably the expenditure attributable to the intangible asset during its development

Measurement
The amount initially recognised for internally-generated intangible assets is the sum of the expenditure incurred from the date when the criteria
above are initially met. Where no internally-generated intangible asset can be recognised, the expenditure is recognised in the period in which
it is incurred.

Following initial recognition, intangible assets are carried at fair value by reference to an active market, or, where no active market exists, at
amortised replacement cost (modern equivalent assets basis). Internally-developed software is held at amortized historic cost to reflect the
opposing effects of increases in development costs and technological advances.

Note 1.8 Depreciation, amortisation and impairments
Freehold land, properties under construction and assets held for sale are not depreciated.

Otherwise, depreciation and amortisation are charged to write off the costs or valuation of property, plant and equipment and intangible non-
current assets, less any residual value, over their estimated useful lives, in a manner that reflects the consumption of economic benefits or
service potential of the assets. The estimated useful life of an asset is the period over which the PCT expects to obtain economic benefits or
service potential from the asset. This is specific to the PCT and may be shorter than the physical life of the asset itself. Estimated useful lives
and residual values are reviewed each year end, with the effect of any changes recognised on a prospective basis. Assets held under finance
leases are depreciated over their estimated useful lives

At each reporting period end, the PCT checks whether there is any indication that any of its tangible or intangible non-current assets have
suffered an impairment loss. If there is indication of an impairment loss, the recoverable amount of the asset is estimated to determine whether
there has been a loss and, if so, its amount. Intangible assets not yet available for use are tested for impairment annually.

If there has been an impairment loss, the asset is written down to its recoverable amount, with the loss charged to the revaluation reserve to the
extent that there is a balance on the reserve for the asset and, thereafter, to expenditure. Where an impairment loss subsequently reverses, the
carrying amount of the asset is increased to the revised estimate of the recoverable amount but capped at the amount that would have been
determined had there been no initial impairment loss. The reversal of the impairment loss is credited to expenditure to the extent of the
decrease previously charged there and thereafter to the revaluation reserve.




                                                                        Page 8
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.9 Donated assets

Donated non-current assets are capitalised at their fair value on receipt, with a matching credit to the donated asset reserve. They are valued,
depreciated and impaired as described above for purchased assets. Gains and losses on revaluations and impairments are taken to the donated
asset reserve and, each year, an amount equal to the depreciation charge on the asset is released from the donated asset reserve to offset the
expenditure. On sale of donated assets, the net book value is transferred from the donated asset reserve to retained earnings.

Note 1.10 Government grants

Government grants are grants from government bodies other than revenue from NHS bodies for the provision of services. Revenue grants are
treated as deferred income initially and credited to income to match the expenditure to which they relate. Capital grants are credited to the
government grant reserve and released to operating revenue over the life of the asset in a manner consistent with the depreciation and
impairment charges for that asset. Assets purchased from government grants are valued, depreciated and impaired as described above for
purchased assets. Gains and losses on revaluations and impairments are taken to the government grant reserve and, each year, an amount equal
to the depreciation charge on the asset is released from the government grant reserve to the offset the expenditure.

Note 1.11 Non-current assets held for sale
Non-current assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than
through continuing use. This condition is regarded as met when the sale is highly probable, the asset is available for immediate sale in its
present condition and management is committed to the sale, which is expected to qualify for recognition as a completed sale within one year
from the date of classification. Non-current assets held for sale are measured at the lower of their previous carrying amount and fair value less
costs to sell. Fair value is open market value including alternative uses.
The profit or loss arising on disposal of an asset is the difference between the sale proceeds and the carrying amount and is recognised in the
Operating Cost Statement. On disposal, the balance for the asset on the revaluation reserve is transferred to retained earnings. For donated and
government-granted assets, a transfer is made to or from the relevant reserve to the profit/loss on disposal account so that no profit or loss is
recognised in income or expenses. The remaining surplus or deficit in the donated asset or government grant reserve is then transferred to
retained earnings.
Property, plant and equipment that is to be scrapped or demolished does not qualify for recognition as held for sale. Instead, it is retained as an
operational asset and its economic life is adjusted. The asset is de-recognised when it is scrapped or demolished.

Note 1.12 Inventories
The PCT has no material inventories.

Note 1.13 Cash and cash equivalents
Cash is cash in hand and deposits with any financial institution repayable without penalty on notice of not more than 24 hours. Cash
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and that form an
integral part of the PCT’s cash management.

Note 1.14 Losses and Special Payments

Losses and special payments are items that Parliament would not have contemplated when it agreed funds for the health service or passed
legislation. By their nature they are items that ideally should not arise. They are therefore subject to special control procedures compared with
the generality of payments. They are divided into different categories, which govern the way each individual case is handled.

Losses and special payments are charged to the relevant functional headings including losses which would have been made good through
insurance cover had PCTs not been bearing their own risks (with insurance premiums then being included as normal revenue expenditure).

Note 1.15 Clinical Negligence Costs
From 1 April 2000, the NHS Litigation Authority (NHSLA) took over the full financial responsibility for all Existing Liabilities Scheme (ELS)
cases unsettled at that date and from 1 April 2002 all Clinical Negligence Scheme for Trusts (CNST) cases. Provisions for these are included in
the accounts of the NHSLA. Although the NHSLA is administratively responsible for all cases from 1 April 2000, the legal liability remains
with the PCTs.

The NHSLA operates a risk pooling scheme under which the PCT pays an annual contribution to the NHSLA which in return settles all clinical
negligence claims. The contribution is charged to expenditure in the year that it is due. Although the NHSLA is administratively responsible
for all clinical negligence cases the legal liability remains with the PCT. The total value of clinical negligence provisions carried by the
NHSLA on behalf of the PCT is disclosed at Note 21.




                                                                       Page 9
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.16 Employee benefits
Short-term employee benefits
Salaries, wages and employment-related payments are recognised in the period in which the service is received from employees.
The cost of leave earned but not taken by employees at the end of the period is recognised in the financial statements to the extent that
employees are permitted to carry forward leave into the following period.

Retirement benefit costs
Past and present employees are covered by the provisions of the NHS Pensions Scheme. The scheme is an unfunded, defined benefit scheme
that covers NHS employers, General Practices and other bodies, allowed under the direction of the Secretary of State, in England and Wales. The
scheme is not designed to be run in a way that would enable NHS bodies to identify their share of the underlying scheme assets and liabilities.
Therefore, the scheme is accounted for as if it were a defined contribution scheme: the cost to the NHS body of participating in the scheme is
taken as equal to the contributions payable to the scheme for the accounting period.

For early retirements other than those due to ill health the additional pension liabilities are not funded by the scheme. The full amount of the
liability for the additional costs is charged to expenditure at the time the PCT commits itself to the retirement, regardless of the method of
payment.
Some employees are members of the Local Government Superannuation Scheme, which is a defined benefit pension scheme. The scheme assets
and liabilities attributable to those employees can be identified and are recognised in the PCT’s accounts. The assets are measured at fair value
and the liabilities at the present value of the future obligations. The increase in the liability arising from pensionable service earned during the
year is recognised within operating expenses. The expected gain during the year from scheme assets is recognised within finance income. The
interest cost during the year arising from the unwinding of the discount on the scheme liabilities is recognised within finance costs. Actuarial
gains and losses during the year are recognised in the pensions reserve and reported on the Statement of Changes in Taxpayers' Equity.


Note 1.17 Research and Development
Research and development expenditure is charged against income in the year in which it is incurred, except insofar as development expenditure
relates to a clearly defined project and the benefits of it can reasonably be regarded as assured. Expenditure so deferred is limited to the value of
future benefits expected and is amortised through the Operating Cost Statement on a systematic basis over the period expected to benefit from
the project. It should be revalued on the basis of current cost. The amortisation is calculated on the same basis as depreciation, on a quarterly
basis.

Note 1.18 Other expenses
Other operating expenses are recognised when, and to the extent that, the goods or services have been received. They are measured at the fair
value of the consideration payable.

Note 1.19 Grant making
Under section 256 of the National Health Service Act 2006, the PCT has the power to make grants to local authorities, voluntary bodies and
registered social landlords to finance capital or revenue schemes. A liability in respect of these grants is recognised when the PCT has a present
legal or constructive obligation which occurs when all of the conditions attached to the payment have been met.

Note 1.20 EU Emissions Trading Scheme
EU Emission Trading Scheme allowances are accounted for as government grant funded intangible assets if they are not expected to be realised
within twelve months, and otherwise as other current assets. They are valued at open market value. As the NHS body makes emissions, a
provision is recognised with an offsetting transfer from the government grant reserve. The provision is settled on surrender of the allowances.
The asset, provision and government grant reserve are valued at fair value at the end of the reporting period.




                                                                      Page 10
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.21 Contingencies

A contingent liability is a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-
occurrence of one or more uncertain future events not wholly within the control of the PCT, or a present obligation that is not recognised
because it is not probable that a payment will be required to settle the obligation or the amount of the obligation cannot be measured
sufficiently reliably. A contingent liability is disclosed unless the possibility of a payment is remote.
A contingent asset is a possible asset that arises from past events and whose existence will be confirmed by the occurrence or non-occurrence of
one or more uncertain future events not wholly within the control of the trust. A contingent asset is disclosed where an inflow of economic
benefits is probable.
Where the time value of money is material, contingencies are disclosed at their present value.

Note 1.22 Leases
Leases are classified as finance leases when substantially all the risks and rewards of ownership are transferred to the lessee. All other leases
are classified as operating leases.

The PCT as lessee
Property, plant and equipment held under finance leases are initially recognised, at the inception of the lease, at fair value or, if lower, at the
present value of the minimum lease payments, with a matching liability for the lease obligation to the lessor. Lease payments are apportioned
between finance charges and reduction of the lease obligation so as to achieve a constant rate on interest on the remaining balance of the
liability. Finance charges are recognised in calculating the PCT’s net operating cost.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. Lease incentives are recognised initially as
a liability and subsequently as a reduction of rentals on a straight-line basis over the lease term.
Contingent rentals are recognised as an expense in the period in which they are incurred.
Where a lease is for land and buildings, the land and building components are separated. Leased land is treated as an operating lease. Leased
buildings are assessed as to whether they are operating or finance leases.

The PCT as lessor
Amounts due from lessees under finance leases are recorded as receivables at the amount of the PCT’s net investment in the leases. Finance
lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the PCT’s net investment outstanding in
respect of the leases.

Rental income from operating leases is recognised on a straight-line basis over the term of the lease. Initial direct costs incurred in negotiating
and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Note 1.23 Foreign exchange
Transactions which are denominated in a foreign currency are translated into sterling at the exchange rate ruling on the date of each transaction,
except where rates do not fluctuate significantly, in which case an average rate for a period is used. Resulting exchange gains and losses are
taken to the Operating Cost Statement.

Note 1.24 Provisions
Provisions are recognised when the PCT has a present legal or constructive obligation as a result of a past event, it is probable that the PCT will
be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision
is the best estimate of the expenditure required to settle the obligation at the end of the reporting period, taking into account the risks and
uncertainties. Where a provision is measured using the cash flows estimated to settle the obligation, its carrying amount is the present value of
those cash flows using HM Treasury’s discount rate of 2.2% in real terms.


When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, the receivable is
recognised as an asset if it is virtually certain that reimbursements will be received and the amount of the receivable can be measured reliably.
Present obligations arising under onerous contracts are recognised and measured as a provision. An onerous contract is considered to exist
where the PCT has a contract under which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits
expected to be received under it.
A restructuring provision is recognised when the PCT has developed a detailed formal plan for the restructuring and has raised a valid
expectation in those affected that it will carry out the restructuring by starting to implement the plan or announcing its main features to those
affected by it. The measurement of a restructuring provision includes only the direct expenditures arsing from the restructuring, which are
those amounts that are both necessarily entailed by the restructuring and not associated with ongoing activities of the entity.




                                                                       Page 11
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.25 Financial Instruments
Financial assets
Financial assets are recognised when the PCT becomes party to the financial instrument contract or, in the case of trade receivables, when the
goods or services have been delivered. Financial assets are derecognised when the contractual rights have expired or the asset has been
transferred.
Financial assets are initially recognised at fair value.
Financial assets are classified into the following categories: financial assets ‘at fair value through profit and loss’; ‘held to maturity
investments’; ‘available for sale’ financial assets, and ‘loans and receivables’. The classification depends on the nature and purpose of the
financial assets and is determined at the time of initial recognition.

Financial assets at fair value through profit and loss

Embedded derivatives that have different risks and characteristics to their host contracts, and contracts with embedded derivatives whose
separate value cannot be ascertained, are treated as financial assets at fair value through profit and loss. They are held at fair value, with any
resultant gain or loss recognised in the operating cost statement. The net gain or loss incorporates any interest earned on the financial asset.

Held to maturity investments
Held to maturity investments are non-derivative financial assets with fixed or determinable payments and fixed maturity, and there is a positive
intention and ability to hold to maturity. After initial recognition, they are held at amortised cost using the effective interest method, less any
impairment. Interest is recognised using the effective interest method.

Available for sale financial assets
Available for sale financial assets are non-derivative financial assets that are designated as available for sale or that do not fall within any of the
other three financial asset classifications. They are measured at fair value with changes in value taken to the revaluation reserve, with the
exception of impairment losses. Accumulated gains or losses are recycled to the operating cost statement on de-recognition.

Loans and receivables
Loans and receivables are non-derivative financial assets with fixed or determinable payments which are not quoted in an active market. After
initial recognition, they are measured at amortised cost using the effective interest method, less any impairment. Interest is recognised using the
effective interest method.

Fair value is determined by reference to quoted market prices where possible, otherwise by valuation techniques. There is no market in which
the sub-ordinated debt can be traded and hence valued. Consequently the asset is shown at purchase price.

The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset, to the
initial fair value of the financial asset.


At the Statement of Financial Position date, the PCT assesses whether any financial assets, other than those held at ‘fair value through profit and
loss’ are impaired. Financial assets are impaired and impairment losses recognised if there is objective evidence of impairment as a result of one
or more events which occurred after the initial recognition of the asset and which has an impact on the estimated future cash flows of the asset.
If, in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after
the impairment was recognised, the previously recognised impairment loss is reversed through the Operating Cost Statement to the extent that
the carrying amount of the receivable at the date of the impairment is reversed does not exceed what the amortised cost would have been had the
impairment not been recognised.




                                                                        Page 12
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Financial liabilities
Financial liabilities are recognised on the Statement of Financial Position when the PCT becomes party to the contractual provisions of the
financial instrument or, in the case of trade payables, when the goods or services have been received. Financial liabilities are derecognised when
the liability has been discharged, that is, the liability has been paid or has expired.
Financial liabilities are initially recognised at fair value.
Financial liabilities are classified as either financial liabilities ‘at fair value through profit and loss’ or other financial liabilities.
Financial liabilities at fair value through profit and loss
Embedded derivatives that have different risks and characteristics to their host contracts, and contracts with embedded derivatives whose
separate value cannot be ascertained, are treated as financial liabilities at fair value through profit and loss. They are held at fair value, with any
resultant gain or loss recognised in the Operating Cost Statement. The net gain or loss incorporates any interest earned on the financial asset.

Other financial liabilities
After initial recognition, all other financial liabilities are measured at amortised cost using the effective interest method. The effective interest
rate is the rate that exactly discounts estimated future cash payments through the life of the asset, to the net carrying amount of the financial
liability. Interest is recognised using the effective interest method.

Note 1.26 Private Finance Initiative (PFI) and NHS LIFT transactions
HM Treasury has determined that government bodies shall account for infrastructure PFI schemes (including NHS LIFT) where the government
body controls the use of the infrastructure and the residual interest in the infrastructure at the end of the arrangement as service concession
arrangements, following the principles of the requirements of IFRIC 12. The PCT therefore recognises the PFI asset as an item of property, plant
and equipment together with a liability to pay for it. The services received under the contract are recorded as operating expenses.

The annual unitary payment is separated into the following component parts, using appropriate estimation techniques where necessary:
a)       Payment for the fair value of services received;
b)       Payment for the PFI asset, including finance costs; and
c)       Payment for the replacement of components of the asset during the contract ‘lifecycle replacement’.

a) Services received
The fair value of services received in the year is recorded under the relevant expenditure headings within ‘operating expenses’.

b) PFI and LIFT assets, liabilities, and finance costs
The PFI assets are recognised as property, plant and equipment, when they come into use. The assets are measured initially at fair value in
accordance with the principles of IAS 17. Subsequently, the assets are measured at fair value, which is kept up to date in accordance with the
PCT’s approach for each relevant class of asset in accordance with the principles of IAS 16.

LIFT assets are recognised as property, plant and equipment, when they come into use. The assets are measured initially at the present value of
the minimum lease payments in accordance with the principles of IAS 17. Subsequently, the assets are subject to the valuation policy for
property, plant and equipment.

A PFI liability is recognised at the same time as the PFI assets are recognised. It is measured initially at the same amount as the fair value of the
PFI assets and is subsequently measured as a finance lease liability in accordance with IAS 17.

A LIFT liability is recognised at the same time as the PFI assets are recognised. It is measured initially at the present value of the minimum lease
payments and is subsequently measured as a finance lease liability in accordance with IAS 17.




                                                                           Page 13
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

An annual finance cost is calculated by applying the implicit interest rate in the lease to the opening lease liability for the period, and is charged
to ‘Finance Costs’ within the Operating Cost Statement.
The element of the annual unitary payment that is allocated as a finance lease rental is applied to meet the annual finance cost and to repay the
lease liability over the contract term.


An element of the annual unitary payment increase due to cumulative indexation is allocated to the finance lease. In accordance with IAS 17,
this amount is not included in the minimum lease payments, but is instead treated as contingent rent and is expensed as incurred. In substance,
this amount is a finance cost in respect of the liability and the expense is presented as a contingent finance cost in the Operating Cost Statement.

c) Lifecycle replacement

Components of the asset replaced by the operator during the contract (‘lifecycle replacement’) are capitalised where they meet the PCT’s
criteria for capital expenditure. They are capitalised at the time they are provided by the operator and are measured initially at their fair value.
The element of the annual unitary payment allocated to lifecycle replacement is pre-determined for each year of the contract from the operator’s
planned programme of lifecycle replacement. Where the lifecycle component is provided earlier or later than expected, a short-term finance
lease liability or prepayment is recognised respectively.

Where the fair value of the lifecycle component is less than the amount determined in the contract, the difference is recognised as an expense
when the replacement is provided. If the fair value is greater than the amount determined in the contract, the difference is treated as a ‘free’
asset and a deferred income balance is recognised. The deferred income is released to the operating income over the shorter of the remaining
contract period or the useful economic life of the replacement component.

Assets contributed by the PCT to the operator for use in the scheme
Assets contributed for use in the scheme continue to be recognised as items of property, plant and equipment in the PCT’s Operating Cost
Statement.

Other assets contributed by the PCT to the operator
Assets contributed (e.g. cash payments, surplus property) by the PCT to the operator before the asset is brought into use, which are intended to
defray the operator’s capital costs, are recognised initially as prepayments during the construction phase of the contract. Subsequently, when the
asset is made available to the PCT, the prepayment is treated as an initial payment towards the finance lease liability and is set against the
carrying value of the liability.




                                                                       Page 14
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 1. Accounting policies (continued)

Note 1.27 Accounting standards that have been issued but have not yet been adopted
The following standards and interpretations have been adopted by the European Union but are not required to be followed until 2010/11. None
of them are expected to impact upon the PCT financial statements.

IAS 27 (Revised) Consolidated and separate financial statements

Amendment to IAS 32 Financial instruments: Presentation on classification or rights issues

Amendment to IAS 39 Eligible hedged items

IFRS 3 (Revised) Business combinations

IFRIC 17 Distributions of Non-cash Assets to Owners

IFRIC 18 Transfer of assets from customers

Note 1.28 Accounting standards issued that have been adopted early
The amendment to IFRS 8 Operating segments that was included in the April 2009 Improvements to IFRS has been adopted early. As a result,
total assets are not reported by operating segment.




                                                                   Page 15
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 2. Operating segments

Barnsley PCT manages its activities within three specific business segments; Commissioning of Healthcare, Provision of Healthcare and hosting the Commissioning of
Specialised Healthcare. Financial performance, including in-year variances and end of year results, are reported to three separate boards, NHS Barnsley (NHSB), Care
Services Direct (CSD) and Specialised Commissioning Group (SCG).
The PCT received £ 88,848k (2008/09 - £80,937k) from BMBC, acting as joint commissioner for Partnership in Action services, which is shown in the Provision
segment.

                                                                             Specialised
                                                  Commissioning           Commissioning Group                  Provision                             Total


                                               2009/10       2008/09       2009/10       2008/09       2009/10       2008/09               2009/10           2008/09
                                                £000           £000         £000           £000         £000           £000                 £000              £000

Total Assets                                      52,741        62,068        9,709          1,257       10,530              8,329             72,980          71,654
Total Liabilities                               (32,806)      (31,997)      (12,792)       (5,049)       (6,083)           (7,739)           (51,681)         (44,785)
Total Net Assets                                  19,935        30,071       (3,083)       (3,792)        4,447               590              21,299          26,869

Recognised in Equity                            (20,667)      (26,279)               0             0       (632)             (590)           (21,299)         (26,869)

Recognised in Expenditure                       367,553       335,603       616,636       250,070       132,848            124,759          1,117,037         710,432
Non-Discretionary Expenditure                    (2,055)       (1,901)               0             0             0              0             (2,055)          (1,901)
Expenditure with Other Segments                   74,225        63,191               0             0             0              0              74,225          63,191
                                                439,723       396,893       616,636       250,070       132,848            124,759          1,189,207         771,722
Revenue from Other Segments                                                 (32,750)      (22,144)      (41,475)       (41,047)              (74,225)         (63,191)
Revenue from External Customers                  (9,146)       (5,697)    (581,418)      (226,453)      (92,068)       (84,783)             (682,632)        (316,933)
Revenue Resource Limit                         (433,836)     (393,107)       (2,468)       (1,473)               0              0           (436,304)        (394,580)
PCT Surplus/ (Deficit) before
Interest & Charges                                 3,259         1,911               0             0        695              1,071              3,954           2,982

Interest & Charges                                 (492)         (619)               0             0           (1)              0               (493)            (619)

PCT Surplus/ (Deficit)                             2,767         1,292               0             0        694              1,071              3,461           2,363




                                                                              Page 16
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 3. Financial Performance Targets

Note 3.1 Revenue Resource Limit                                                                                2009/10        2008/09
                                                                                                                £000           £000
The PCTs' performance for the year ended 31 March 2010 is as follows:
Total Net Operating Cost for the Financial Year                                                                  434,898         393,971
Non-Discretionary Expenditure                                                                                      2,055           1,901
Net Operating Cost less Non Discretionary Expenditure                                                            432,843         392,070
Final Revenue Resource Limit for year                                                                            436,304         394,580
Under/(Over)spend Against Revenue Resource Limit                                                                   3,461              2,510


Note 3.2 Capital Resource Limit
The PCT is required to keep within its Capital Resource Limit.

                                                                                                               2009/10        2008/09
                                                                                                                £000           £000
Total Gross Capital Expenditure                                                                                     2,724          3,976
add: Loss in Respect of Disposals of Donated Assets                                                                     0              3
less: Net Book Value of Non-Current Assets Disposed of to NHS Bodies                                                    0              0
less: Net Book Value of Non-Current Assets Disposed of to non-NHS Bodies                                             (78)           (17)
less: Net Book Value of Financial Instruments (Investments) Disposed Of to NHS bodies                                   0              0
less: Net Book Value of Financial Instruments (Investments) Disposed Of to Non-NHS bodies                               0              0
less: Capital Grants Received                                                                                           0              0
less: Donations                                                                                                         0              0
Charge Against the Capital Resource Limit (CRL)                                                                     2,646          3,962
Capital Resource Limit (CRL)                                                                                       2,746              4,057
(Over) / Underspend Against CRL                                                                                      100                95



Note 3.3 Provider full cost recovery duty
The PCT is required to recover full costs in relation to its provider functions. The performance for 2009/10
is as follows:
                                                                                                               2009/10        2008/09
                                                                                                                £000           £000

Provider gross operating costs                                                                                   132,848         124,745
Provider Operating Revenue                                                                                       (92,067)        (84,783)
Net Provider Operating Costs                                                                                       40,781          39,962
less: Costs Met from PCT's Own allocation                                                                        (41,475)        (41,047)
Under / (Over) Recovery of Costs                                                                                    (694)         (1,085)


The performance in the above tables in respect of the financial year 2008/09 have not been restated to IFRS and remain on a UK GAAP
basis as that is the basis on which the targets were set for that year.




                                                                     Page 17
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 4. Miscellaneous Revenue
                                                                                           2009/10      2008/09
                                                                               Not
                                                         Appropriated-     Appropriated-
                                                            In-Aid            In-Aid        Total        Total
                                                             £000              £000         £000         £000

Fees and Charges                                                     146               0          146          179
Dental Charge income from Contractor-Led GDS & PDS                 3,242               0        3,242        3,046
Dental Charge income from Trust-Led GDS & PDS                          0               0            0            0
Prescription Charge income                                             0               0            0            0
Strategic Health Authorities                                           0           1,899        1,899        1,932
NHS Trusts                                                             0               8            8            0
NHS Foundation Trusts                                                  0           1,029        1,029        1,139
Primary Care Trusts Contributions to DATs                              0             470          470          386
Primary Care Trusts - Other                                            0           1,058        1,058          815
Primary Care Trusts - Lead Commissioning                               0         579,492      579,492      223,245
English RAB Special Health Authorities                                 0               0            0            0
Other English Special Health Authorities                               0               0            0            0
Department of Health - SMPTB                                           0               0            0            0
Department of Health - Other                                           0               0            0            0
Local Authorities                                                 89,059               0       89,059       81,132
Patient Transport Services                                             0               0            0            0
Education, Training and Research                                       0           1,005        1,005          851
Non-NHS: Private Patients                                              0               0            0            0
Non-NHS: Overseas Patients (Non-Reciprocal)                            0               0            0            0
NHS Injury Costs Recovery                                             34               0           34            1
Other Non-NHS Patient Care Services                                  209               0          209          241
Charitable and Other Contributions to Expenditure                      0               0            0            0
Transfers from the Donated Asset Reserve                               0               3            3           11
Transfers from the Government Grant Reserve                            0              15           15           19
Contingent Rental Income from Finance Leases                           0               0            0            0
Rental Income from Operating Leases                                  994               0          994          866
Other Income                                                       3,540             429        3,969        3,936

Total Miscellaneous Income                                        97,224         585,408      682,632      317,799




                                                        Page 18
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 5. Operating Costs

Note 5.1 Analysis of operating costs:                                                       2009/10      2008/09
                                                                                             £000         £000
Goods and Services from Other PCTs
Healthcare                                                                                       6,860      11,006
Non-Healthcare                                                                                     597       2,579
Total                                                                                            7,457      13,585
Goods and Services from Other NHS Bodies other than FTs
Healthcare                                                                                     314,279      67,446
Non-Healthcare                                                                                   2,501       3,397
Total                                                                                          316,780      70,843
Goods and Services from Foundation Trusts                                                      403,550     268,162
Purchase of Healthcare from Non-NHS bodies                                                      79,084      76,890
Social Care from Independent Providers                                                         100,083      91,770
Expenditure on Drugs Action Teams                                                                3,514       4,814
Non-GMS Services from GPs                                                                            0           0
Contractor Led GDS & PDS (excluding employee benefits)                                          14,527      14,113
Salaried Trust-Led PDS & PCT DS (excluding employee benefits)                                        0           0
Chair, Non-executive Directors & PEC remuneration                                                  194         135
Consultancy Services                                                                             2,160       1,306
Prescribing Costs                                                                               42,644      40,590
G/PMS, APMS and PCTMS (excluding employee benefits)                                             38,849      31,765
Pharmaceutical Services                                                                            221         172
Local Pharmaceutical Services Pilots                                                                 0           0
New Pharmacy Contract                                                                            4,708       3,794
General Ophthalmic Services                                                                      2,055       1,901
Supplies and Services - Clinical                                                                 2,803       3,636
Supplies and Services - General                                                                    720       1,255
Establishment                                                                                    3,416       3,446
Transport                                                                                          299         314
Premises                                                                                         5,870       5,106
Impairments & Reversals of Property, plant and equipment                                         3,394       2,639
Impairments and Reversals of non-current assets held for sale                                        0           0
Depreciation                                                                                     2,468       2,691
Amortisation                                                                                        85          78
Impairmant & Reversals Intangible non-current assets                                                 0           0
Cost of Capital Charge                                                                             842       1,024
Impairment and Reversals of Financial Assets                                                         0           0
Impairment of Receivables                                                                            0           0
Inventory write offs                                                                                 0           0
Research and Development Expenditure                                                                 0           0
Audit Fees                                                                                         226         193
Other Auditors Remuneration                                                                         72          76
Clinical Negligence Costs                                                                            0           0
Education and Training                                                                             670         990
Other                                                                                            4,576       5,171
Total Operating costs charged to OCS (excluding employee benefits)                           1,041,267     646,459
Employee Benefits
Employee Benefits (excluding staff associated with PCTMS)                                       74,918      63,211
Employee Benefits associated with PCTMS                                                              0           0
PCT Officer Board Members                                                                          852         762
Total Employee Benefits charged to OCS                                                          75,770      63,973

Total Operating Costs                                                                        1,117,037     710,432

PCT Board members' costs above include £0 for early retirements prior to 6 March 1995 (2008/09: £0).
Staff costs above include £0 for early retirements prior to 6/ March 1995 (2008/09: £0).




                                                        Page 19
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 5.2 Analysis of operating expenditure by expenditure classification             2009/10     2008/09
                                                                                      £000        £000
Purchase of Primary Health Care
GMS / PMS/ APMS / PCTMS                                                                 38,849      31,765
Prescribing costs                                                                       42,644      40,590
Contractor led GDS & PDS                                                                14,527      14,113
Trust led GDS & PDS                                                                          0           0
General Ophthalmic Services                                                              2,055       1,901
Department of Health Initiative Funding                                                      0           0
Pharmaceutical services                                                                    221         172
Local Pharmaceutical Services Pilots                                                         0           0
New Pharmacy Contract                                                                    4,708       3,794
Non-GMS Services from GPs                                                                    0           0
Other                                                                                        0           0
Total Primary Healthcare purchased                                                     103,004      92,335

Purchase of Secondary Healthcare
Learning Difficulties                                                                    6,657       5,581
Mental Illness                                                                          37,496      29,371
Maternity                                                                               10,747      10,155
General and Acute                                                                      183,333     168,104
Accident and emergency                                                                   6,464       5,931
Community Health Services                                                                6,793       6,835
Other Contractual                                                                       14,461      16,945
Total Secondary Healthcare Purchased                                                   265,951     242,922

Grant Funding
Grants (revenue) to fund Capital Projects - GMS                                              0           0
Grants (revenue) to LAs to fund Capital Projects                                             0       1,353
Grants (revenue) to private sector to fund Capital Projects                                301           0
Grants (revenue) to fund Capital Projects - Dental                                         300       1,043
Grants (revenue) to fund Capital Projects - other                                            0           0
Total Healthcare Purchased by the PCT                                                  369,556     337,653

PCT self-provided secondary healthcare included above*                                  41,475      41,047
Healthcare purchased from Foundation Trusts included above                             193,421     175,791
Social Care from Independent Providers                                                 100,083      91,770

* This is the total of secondary healthcare that the PCT commissioned from itself.




                                                         Page 20
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 6. Operating Leases

Note 6.1 PCT as lessee                                              2009/10          2008/09
                                                                     £000             £000
Payments recognised as an expense
Minimum lease payments                                                   3,599                 819
Contingent rents                                                             0                   0
Sub-lease payments                                                           0                   0
Total                                                                    3,599                 819
Payable:
No later than one year                                                    1,722              748
Between one and five years                                                4,688            2,133
After five years                                                         18,528            7,051
Total                                                                    24,938            9,932
Total future sublease payments expected to be received: £0
Barnsley PCT has entered into certain financial arrangements involving the use of GP premises.
Under - IAS 17 leases
         SIC 27 Evaluating the substance of transactions involving the legal form of a lease
         IFRC 4 Determining whether an arrangement contains a lease

The PCT has determined that those operating leases must be recognised , but as there is no defined
term in the arrangements entered into, it is not possible to analyse the arrangements over financial
years. The financial value included in the Operating Cost Statement for 2009/10 is £1,491k.
(£1,512k in 2008/09)



Note 6.2 PCT as lessor

                                                                    2009/10          2008/09
                                                                     £000             £000
Recognised as income
Rents                                                                      994                 886
Contingent rents                                                             0                   0
Total                                                                      994                 886
Receivable:
No later than one year                                                      994              866
Between one and five years                                                2,757            3,302
After five years                                                              0                0
Total                                                                     3,751            4,168

The rental income recognised in Note 6.2 relates to the occupancy by GPs of rooms within the
LIFT premises.




                                                               Page 21
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 7. Employee benefits and staff numbers

Note 7.1 Employee benefits
                                                                        2009/10                                             2008/09
                                                                      Permanently                                         Permanently
                                                          Total        Employed            Other             Total         Employed     Other
                                                          £000           £000              £000              £000            £000       £000

Salaries and wages                                           64,235            57,511           6,724           53,738         49,301       4,437
Social security costs                                         4,264             4,264               0            3,770          3,770           0
Employer contributions to NHS Pensions scheme                 7,271             7,271               0            6,465          6,465           0
Other pension costs                                               0                 0               0                0              0           0
Other post-employment benefits                                    0                 0               0                0              0           0
Other employment benefits                                         0                 0               0                0              0           0
Termination benefits                                              0                 0               0                0              0           0
Total employee benefits                                      75,770            69,046           6,724           63,973         59,536       4,437

Recognised as:
Commissioning employee benefits                              13,824                                              8,435
Provider employee benefits                                   61,946                                             55,538
Employee benefits capitalised as part of assets                   0                                                  0
Total                                                        75,770                                             63,973


Note 7.2 Staff Numbers
                                                                        2009/10                                             2008/09
                                                                      Permanently                                         Permanently
                                                         Total         Employed            Other             Total         Employed      Other
                                                        Number          Number            Number            Number          Number      Number

Medical and dental                                               45                36               9                38            38             0
Ambulance staff                                                   0                 0               0                 0             0             0
Administration and estates                                      665               607              58               572           497            75
Healthcare assistants & other support staff                     178               167              11               156           152             4
Nursing, midwifery & health visiting staff                      918               879              39               831           814            17
Nursing, midwifery & health visiting learners                     5                 5               0                 6             6             0
Scientific, therapeutic and technical staff                     310               276              34               212           191            21
Social Care staff                                                 8                 0               8                 7             0             7
Other                                                             6                 6               0                 7             7             0
Total staff numbers                                          2,135             1,976             159              1,829         1,705           124

There are no staff included in the above table whose costs have been capitalised.


Note 7.3 Staff Sickness absence
                                                                         2009/10
                                                                         Number
Total Days Lost                                                                45,039
Total Staff Years                                                               2,105
Average working Days Lost                                                       21.40
No prior-year figure available as this note is a new requirement for 2009/10



Note 7.4 Retirements due to ill-health
During 2009/10 there were 10 persons (2008/09: 7 persons) retired early on ill-health grounds. The total additional
accrued pension liabilities in the year amounted to £585k (2008/09: £570k). The cost of ill health retirements is borne
by the NHS Business Services Authority, which administers the NHS Pension Scheme. These retirements represented
4.73 per 1000 active scheme members




                                                                        Page 22
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 7.5 Pension costs
Past and present employees are covered by the provisions of the NHS Pensions Scheme. Details of the benefits payable under these
provisions can be found on the NHS Pensions website at www.nhsbsa.nhs.uk/pensions
The scheme is an unfunded, defined benefit scheme that covers NHS employers, General Practices and other bodies, allowed under the
direction of the Secretary of State, in England and Wales. The scheme is not designed to be run in a way that would enable NHS bodies
to identify their share of the underlying scheme assets and liabilities. Therefore, the scheme is accounted for as if it were a defined
contribution scheme: the cost to the NHS Body of participating in the scheme is taken as equal to the contributions payable to the
scheme for the accounting period.
The scheme is subject to a full actuarial valuation every four years (until 2004, every five years) and an accounting valuation every
year. An outline of these follows:
a) Full actuarial (funding) valuation
The purpose of this valuation is to assess the level of liability in respect of the benefits due under the scheme (taking into account its
recent demographic experience), and to recommend the contribution rates to be paid by employers and scheme members. The last such
valuation, which determined current contribution rates was undertaken as at 31 March 2004 and covered the period from 1 April 1999
to that date. The conclusion from the 2004 valuation was that the scheme had accumulated a notional deficit of £3.3 billion against the
notional assets as at 31 March 2004.
In order to defray the costs of benefits, employers pay contributions at 14% of pensionable pay and most employees had up to April
2008 paid 6%, with manual staff paying 5%.
Following the full actuarial review by the Government Actuary undertaken as at 31 March 2004, and after consideration of changes to
the NHS Pension Scheme taking effect from 1 April 2008, his Valuation report recommended that employer contributions could
continue at the existing rate of 14% of pensionable pay, from 1 April 2008, following the introduction of employee contributions on a
tiered scale from 5% up to 8.5% of their pensionable pay depending on total earnings. On advice from the scheme actuary, scheme
contributions may be varied from time to time to reflect changes in the scheme’s liabilities.
b) Accounting valuation
A valuation of the scheme liability is carried out annually by the scheme actuary as at the end of the reporting period by updating the
results of the full actuarial valuation.
Between the full actuarial valuations at a two-year midpoint, a full and detailed member data-set is provided to the scheme actuary. At
this point the assumptions regarding the composition of the scheme membership are updated to allow the scheme liability to be valued.
The valuation of the scheme liability as at 31 March 2010, is based on detailed membership data as at 31 March 2008 (the latest
midpoint) updated to 31 March 2010 with summary global member and accounting data.
The latest assessment of the liabilities of the scheme is contained in the scheme actuary report, which forms part of the annual NHS
Pension Scheme (England and Wales) Resource Account, published annually. These accounts can be viewed on the NHS Pensions
website. Copies can also be obtained from The Stationery Office
c) Scheme provisions
In 2008-09 the NHS Pension Scheme provided defined benefits, which are summarised below. This list is an illustrative guide only,
and is not intended to detail all the benefits provided by the Scheme or the specific conditions that must be met before these benefits
can be obtained:
Annual Pensions
The Scheme is a “final salary” scheme. Annual pensions are normally based on 1/80th for the 1995 section and of the best of the last
three years pensionable pay for each year of service, and 1/60th for the 2008 section of reckonable pay per year of membership.
Members who are practitioners as defined by the Scheme Regulations have their annual pensions based upon total pensionable earnings
over the relevant pensionable service.
With effect from 1 April 2008 members can choose to give up some of their annual pension for an additional tax free lump sum, up to a
maximum amount permitted under HMRC rules. This new provision is known as “pension commutation”.

Pensions Indexation
Annual increases are applied to pension payments at rates defined by the Pensions (Increase) Act 1971, and are based on changes in
retail prices in the twelve months ending 30 September in the previous calendar year.
Lump Sum Allowance
A lump sum is payable on retirement which is normally three times the annual pension payment.
Ill-Health Retirement
Early payment of a pension, with enhancement in certain circumstances, is available to members of the Scheme who are permanently
incapable of fulfilling their duties or regular employment effectively through illness or infirmity.
Death Benefits
A death gratuity of twice their final year’s pensionable pay for death in service, and five times their annual pension for death after
retirement is payable.
Additional Voluntary Contributions (AVCs)
Members can purchase additional service in the NHS Scheme and contribute to money purchase AVC’s run by the Scheme’s approved
providers or by other Free Standing Additional Voluntary Contributions (FSAVC) providers.
Transfer between Funds
Scheme members have the option to transfer their pension between the NHS Pension Scheme and another scheme when they move into
or out of NHS employment.
Preserved Benefits
Where a scheme member ceases NHS employment with more than two years service they can preserve their accrued NHS pension for
payment when they reach retirement age.
Compensation for Early Retirement
Where a member of the Scheme is made redundant they may be entitled to early receipt of their pension plus enhancement, at the
employer’s cost.
                                                       Page 23
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 7.6 Management Costs
                                                                                                        2009/10          2008/09

Management costs (£000s)                                                                                    13,718            9,304
Weighted population (Number)                                                                               284,946          263,403
Management Cost per weighted head of population (£)                                                          48.14            35.32

The change in management costs between 2008/09 and 2009/10 can be explained by £549k for pay award and Agenda for Change
increments, £1,190k for new services / functions supporting the World Class Commissioning agenda, and following a review of the
latest guidance commissioning costs have moved by £1,518k and the provider costs by £1,157k.

Note 7.6.1 PCT Commissioning Services Management Costs
Management costs (£000s)                                                                                     7,075
Weighted population (Number)                                                                               284,946
Management Cost per weighted head of population (£)                                                          24.83

Note 7.6.2 PCT Provider Services Management Costs
Management costs (£000s)                                                                                     6,643
Provider Services Income (£000s)                                                                           133,542



Note 8. Better Payment Practice Code
Note 8.1 Measure of compliance
                                                                        2009/10        2009/10          2008/09          2008/09
                                                                        Number          £000            Number            £000
Non-NHS Payables
Total Non-NHS Trade Invoices Paid in the Year                                22,310       119,480           32,611          130,553
Total Non-NHS Trade Invoices Paid Within Target                              21,592       118,565           31,375          129,107
Percentage of Non-NHS Trade Invoices Paid Within Target                     96.78%        99.23%           96.21%           98.89%

NHS Payables
Total NHS Trade Invoices Paid in the Year                                     4,060       739,949            3,571          366,108
Total NHS Trade Invoices Paid Within Target                                   3,969       739,613            3,463          365,165
Percentage of NHS Trade Invoices Paid Within Target                         97.76%        99.95%           96.98%           99.74%

The Better Payment Practice Code requires the PCT to aim to pay all valid invoices by the due date or within 30 days of receipt
of a valid invoice, whichever is later. The target has been set at 95% for all of the above criteria and has been achieved.




Note 8.2 The Late Payment of Commercial Debts (Interest) Act 1998
                                                                                                        2009/10          2008/09
                                                                                                         £000             £000

Amounts included in finance costs from claims made under this legislation                                         0                0
Compensation paid to cover debt recovery costs under this legislation                                             0                0
Total                                                                                                             0                0




                                                              Page 24
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 9. Investment Income                                                             2009/10        2008/09
Rental Income                                                                          £000           £000
    PFI finance lease income
       planned                                                                                   0              0
       contingent                                                                                0              0
    Other finance lease revenue                                                                  0              0
Interest Income
    LIFT: equity dividends receivable                                                            0              0
    LIFT: loan interest receivable                                                              37             20
    Bank interest                                                                                0              0
    Other loans and receivables                                                                  0              0
    Impaired financial assets                                                                    0              0
    Other financial assets                                                                       0              0
Total investment income                                                                         37             20



Note 10. Other Gains and Losses                                                       2009/10        2008/09
                                                                                       £000           £000

Gain/(loss) on disposal of property, plant and equipment                                    202              2
Gain/(loss) on disposal of intangible assets                                                  0              0
Gain/(loss) on disposal of financial assets                                                  38            132
Gain/(loss) on foreign exchange                                                               0              0
Change in fair value of financial assets carried at fair value through the OCS                0              0
Change in fair value of financial liabilities carried at fair value through the OCS           0              0
Recycling of gain/(loss) from equity on disposal of financial assets held for sale            0              0
Total                                                                                       240            134




Note 11. Finance Costs                                                                2009/10        2008/09
                                                                                       £000           £000
Interest
  Interest on obligations under finance leases                                                   0              0
  Interest on obligations under PFI contracts:
       - main finance cost                                                                       0              0
       - contingent finance cost                                                                 0              0
  Interest on obligations under LIFT contracts:
       - main finance cost                                                                  637            654
       - contingent finance cost                                                            132            117
  Provisions - unwinding of discount                                                          1              2
  Interest on late payment of commercial debt                                                 0              0
  Other interest expense                                                                      0              0
  Other finance costs                                                                         0              0
Total                                                                                       770            773




                                                                 Page 25
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 12.1 Property, plant and equipment
                                             Land           Buildings     Dwellings        Assets under    Plant &        Transport       Information   Furniture &     Total
                                                            excluding                      construction   machinery       equipment        technology     fittings
                                                            dwellings                     and payments
2009/10                                                                                     on account
                                              £000            £000          £000               £000         £000            £000             £000          £000         £000
Cost or valuation:
At 1 April 2009                                 10,081          44,428                0              0             987             602          2,879             926     59,903
Additions Purchased                                  0            1,826               0              0                0              18           778              15       2,637
Additions Donated                                    0                0               0              0                0               0             0               0           0
Additions Government Granted                         0                0               0              0                0               0             0               0           0
Reclassifications                                    0                0               0              0                0               0             0               0           0
Reclassifications as Held for Sale                (35)            (317)               0              0                0               0             0               0       (352)
Disposals other than for sale                        0                0               0              0             (36)            (87)          (65)               0       (188)
Upward revaluation/positive indexation               0                0               0              0                0               0             0               0           0
Impairments/negative indexation                   (24)          (4,159)               0              0                0               0             0               0     (4,183)
Reversal of Impairments                              0                0               0              0                0               0             0               0           0
Transfers (to)/from NHS Bodies                       0                0               0              0                0               0             0               0           0
At 31 March 2010                                10,022          41,778                0              0             951             533          3,592             941     57,817

Depreciation
At 1 April 2009                                         0            0                0              0             633             349            965             504      2,451
Reclassifications                                       0            0                0              0                0               0             0               0          0
Reclassifications as Held for Sale                   (14)        (278)                0              0                0               0             0               0      (292)
Disposals other than for sale                           0            0                0              0             (33)            (87)          (50)               0      (170)
Upward revaluation/positive indexation                  0            0                0              0                0               0             0               0          0
Impairments                                             0        3,394                0              0                0               0             0               0      3,394
Reversal of Impairments                                 0            0                0              0                0               0             0               0          0
Charged During the Year                                 0        1,599                0              0               87              62           596             124      2,468
Transfers to NHS Bodies                                 0            0                0              0                0               0             0               0          0
At 31 March 2010                                     (14)        4,715                0              0             687             324          1,511             628      7,851

Net book value at 31 March 2010                 10,036          37,063                0              0              264            209          2,081             313     49,966

Purchased                                       10,036          36,659                0              0              262            209          2,081             310     49,557
Donated                                              0              35                0              0                2              0              0               0         37
Government Granted                                   0             369                0              0                0              0              0               3        372
Total at 31 March 2010                          10,036          37,063                0              0              264            209          2,081             313     49,966

Note 12.2 Asset financing:
Owned                                            9,199          29,185                0              0              264            209          2,081             313     41,251
Held on finance lease                                0               0                0              0                0              0              0               0          0
On-SOFP PFI / LIFT contracts                       837           7,878                0              0                0              0              0               0      8,715
PFI residual: interests                              0               0                0              0                0              0              0               0          0
Total                                           10,036          37,063                0              0              264            209          2,081             313     49,966


Note 12.3 Revaluation Reserve Balance for Property, Plant & Equipment

                                                             Land         Buildings        Equipment       Other           Total
                                                             £000's        £000's            £000's        £000's          £000's
At 1 April 2009                                                  4,308        11,382                19               46       15,755
Movements
 - Modern Equivalent Asset valuation                              (24)        (4,125)                 0               0       (4,149)
 - Other                                                             0           (10)               (4)            (20)          (34)
At 31 March 2010                                                 4,260          7,247               15               26       11,572

                                                                                          Page 26
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 12.1 Property, plant and equipment
                                                        Land       Buildings     Dwellings       Assets under     Plant &       Transport       Information    Furniture &     Total
                                                                   excluding                      construction   machinery      equipment        technology      fittings
                                                                   dwellings                     and payments
2008/09                                                                                            on account
                                                        £000         £000          £000               £000         £000           £000             £000           £000         £000
Cost or valuation:
At 1 April 2008                                          11,365        33,473                0          10,697          967              549          1,896              527     59,474
Additions - purchased                                        179         4,313               0               0          129              100          1,144              385       6,250
Additions - donated                                            0             0               0               0            0                 0             0                0           0
Additions - government granted                                 0             0               0               0            0                 0             0                0           0
Reclassifications                                            300       10,397                0        (10,697)            0                 0             0                0           0
Reclassified as held for sale                                  0             0               0               0            0                 0             0                0           0
Disposals other than by sale                                   0             0               0               0        (134)              (61)         (161)                0       (356)
Revaluation & indexation gains                               470         2,018               0               0           25                14             0               14       2,541
Impairments                                              (2,233)       (1,105)               0               0            0                 0             0                0     (3,338)
Reversals of impairments                                       0             0               0               0            0                 0             0                0           0
In-year transfers to/from NHS bodies                           0             0               0               0            0                 0             0                0           0
At 31 March 2009                                         10,081        49,096                0               0          987              602          2,879              926     64,571

Depreciation
At 1 April 2008                                                0            0                0              0           644              336             740             372      2,092
Reclassifications                                              0            0                0              0             0                 0              0               0          0
Reclassifications as Held for Sale                             0            0                0              0             0                 0              0               0          0
Disposals other than for sale                                  0            0                0              0         (126)              (52)          (161)               0      (339)
Upward revaluation/positive indexation                         0            0                0              0            17                 9              0              10         36
Impairments                                                    0        2,639                0              0             0                 0              0               0      2,639
Reversal of Impairments                                        0            0                0              0             0                 0              0               0          0
Charged During the Year                                        0        2,029                0              0            98                56            386             122      2,691
Transfers to NHS Bodies                                        0            0                0              0             0                 0              0               0          0
At 31 March 2009                                               0        4,668                0              0           633              349             965             504      7,119

Net book value at 31 March 2009                           10,081       44,428                0              0             354            253          1,914              422     57,452

Purchased                                                 10,081       43,976                0              0             351            253          1,914              416     56,991
Donated                                                        0           37                0              0               3              0              0                0         40
Government Granted                                             0          415                0              0               0              0              0                6        421
Total at 31 March 2009                                    10,081       44,428                0              0             354            253          1,914              422     57,452

Note 12.2 Asset financing:
Owned                                                      9,244       36,243                0              0             354            253          1,914              422     48,430
Held on finance lease                                          0            0                0              0               0              0              0                0          0
On-SOFP PFI / LIFT contracts                                 837        8,185                0              0               0              0              0                0      9,022
PFI residual: interests                                        0            0                0              0               0              0              0                0          0
                                                          10,081       44,428                0              0             354            253          1,914              422     57,452



                                                                                          Page 27
Barnsley Primary Care Trust - Annual Accounts 2009/10

12 (cont). Property, plant and equipment
During 2009/10 the PCT was required to have it's land and buildings revalued on a Modern Equivalent Asset basis
by an independent valuer. This valuation resulted in the value of these assets being reduced by £7,577k.

Of the totals at 31st March 2010, £9,199k related to land valued at open market value and £32,052k related to buildings, installations
and fittings valued at open market value. The PCT also holds Land valued at £837k and buildings £7,878k that is currently valued at
fair value. These assets relate to the LIFT premises.

The property currently held at fair value has an open market which is not materially different to its current value.
During the period no assets had a material change in the estimate of useful economic life/residual value. No reversal of previous
impairments occurred in 2009/10.

The Economic lives of the Non - Current assets held by the PCT are shown below.

                                                                   Min Life     Max Life

Buildings (excluding Dwellings)                                       15           90
Dwellings                                                              0            0
Plant and Machinery                                                    3           15
Transport Equipment                                                    7            7
Information Technology                                                 3           10
Furniture and Fittings                                                 4           10

The PCT did not receive or dispose of any donated assets in 2009/10




                                                                    Page 28
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 13.1 Intangible non-current assets
                                                  Software         Software        Licences &     Patents       Development   Total
                                                 purchased        internally       trademarks                   expenditure
2009/10                                                           generated
                                                    £000             £000            £000          £000            £000       £000
Cost or valuation:
At 1 April 2009                                            496                 0              0             0             0       496
Additions - purchased                                       77                 0              0             0             0        77
Additions - internally generated                             0                 0              0             0             0         0
Additions - donated                                          0                 0              0             0             0         0
Additions - government granted                               0                 0              0             0             0         0
Reclassifications                                            0                 0              0             0             0         0
Reclassified as held for sale                                0                 0              0             0             0         0
Disposals other than by sale                                 0                 0              0             0             0         0
Revaluation & indexation gains                               0                 0              0             0             0         0
Impairments                                                  0                 0              0             0             0         0
Reversal of impairments                                      0                 0              0             0             0         0
In-year transfers to/from NHS bodies                         0                 0              0             0             0         0
At 31 March 2010                                           573                 0              0             0             0       573

Amortisation
At 1 April 2009                                            223                 0              0             0             0       223
Charged in-year                                             85                 0              0             0             0        85
Reclassifications                                            0                 0              0             0             0         0
Reclassified as held for sale                                0                 0              0             0             0         0
Disposals other than by sale                                 0                 0              0             0             0         0
Revaluation & indexation gains                               0                 0              0             0             0         0
Impairments                                                  0                 0              0             0             0         0
Reversal of Impairments                                      0                 0              0             0             0         0
In-year transfers to NHS bodies                              0                 0              0             0             0         0
At 31 March 2010                                           308                 0              0             0             0       308

Net book value at 31 March 2010                            265                 0              0             0             0       265

Net book value at 31 March 2010 comprises:
Purchased                                                  265                 0              0             0             0       265
Donated                                                      0                 0              0             0             0         0
Government Granted                                           0                 0              0             0             0         0
Total at 31 March 2010                                     265                 0              0             0             0       265


Note 13.2 Revaluation reserve balance for intangible assets        2009/10          2008/09
                                                                    £000             £000

At 1 April                                                                     0              0
Changes                                                                        0              0
Total at 31 March                                                              0              0




                                                                 Page 29
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 13.3 Intangible non-current assets
                                                  Software        Software        Licences &   Patents       Development   Total
                                                 purchased       internally       trademarks                 expenditure
2008/09                                                          generated
                                                    £000            £000            £000        £000            £000       £000
Cost or valuation:
At 1 April 2008                                            464                0            0             0             0           464
Additions - purchased                                       32                0            0             0             0            32
Additions - internally generated                             0                0            0             0             0             0
Additions - donated                                          0                0            0             0             0             0
Additions - government granted                               0                0            0             0             0             0
Reclassifications                                            0                0            0             0             0             0
Reclassified as held for sale                                0                0            0             0             0             0
Disposals other than by sale                                 0                0            0             0             0             0
Revaluation & indexation gains                               0                0            0             0             0             0
Impairments                                                  0                0            0             0             0             0
Reversal of impairments                                      0                0            0             0             0             0
In-year transfers to/from NHS bodies                         0                0            0             0             0             0
At 31 March 2009                                           496                0            0             0             0           496

Amortisation
At 1 April 2008                                            145                0            0             0             0           145
Charged During the Year                                     78                0            0             0             0            78
Impairments                                                  0                0            0             0             0             0
Reversal of Impairments                                      0                0            0             0             0             0
Reclassifications                                            0                0            0             0             0             0
Revaluation/Indexation gains                                 0                0            0             0             0             0
Reclassified as Held for Sale                                0                0            0             0             0             0
Disposals other than for sale                                0                0            0             0             0             0
In-year transfers to NHS bodies                              0                0            0             0             0             0
At 31 March 2009                                           223                0            0             0             0           223

Net book value at 31 March 2009                            273                0            0             0             0           273

Net book value at 31 March 2009 comprises:
Purchased                                                  273                0            0             0             0           273
Donated                                                      0                0            0             0             0             0
Government Granted                                           0                0            0             0             0             0
Total at 31 March 2009                                     273                0            0             0             0           273




                                                                 Page 30
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 14. Impairments
During 2009/2010 the PCT was required to have it's land and buildings revalued on a Modern Equivalent Asset basis which resulted
in the value of these assets being reduced by £7,577k. Of this amount, £4,183k was offset against balances held in the Revaluation
Reserve, leaving a balance of £3,394k as a charge to the Operating Cost Statement (Note 5 of the accounts). The PCT received an
allocation of £3,394k to cover this charge.

Note 15. Non-current assets held for sale
                                                                Land          Buildings,       Dwellings          Other         Intangible       Total
                                                                                excl.                           property,         assets
                                                                              dwellings                         plant and
                                                                                                               equipment
                                                                £000            £000             £000             £000            £000           £000

Balance brought forward 1 April 2009                                      0               0                0                0            0                  0
    Plus assets classified as held for sale in the year                  21              39                0                0            0                 60
    Less assets sold in the year                                       (21)            (39)                0                0            0               (60)
    Less impairment of assets held for sale                               0               0                0                0            0                  0
    Plus reversal of impairment of assets held for sale                   0               0                0                0            0                  0
    Less assets no longer classified as held for sale, for
    reasons other than disposal by sale                                  0                 0               0                0            0                 0
Balance carried forward 31 March 2010                                    0                 0               0                0            0                 0

Balance brought forward 1 April 2008                                     0                 0               0                0            0                 0
    Plus assets classified as held for sale in the year                  0                 0               0                0            0                 0
    Less assets sold in the year                                         0                 0               0                0            0                 0
    Less impairment of assets held for sale                              0                 0               0                0            0                 0
    Plus reversal of impairment of assets held for sale                  0                 0               0                0            0                 0
    Less assets no longer classified as held for sale, for
    reasons other than disposal by sale                                  0                 0               0                0                0             0
Balance carried forward 31 March 2009                                    0                 0               0                0            0                 0




                                                                          Page 31
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 16.1 Inventories                                        31 March 2010    31 March 2009
                                                                 £000             £000

Drugs                                                                    0                0
Consumables                                                              0                0
Loan equipment                                                           0                0
Other                                                                    0                0
Total                                                                    0                0



Note 16.2 Inventories recognised in expenses                 31 March 2010    31 March 2009
                                                                 £000             £000

Inventories recognised as an expense in the period                       0                0
Write-down of expenses (including losses)                                0                0
Reversal of write-down previously taken to OCS                           0                0
Total                                                                    0                0




Note 17.1 Trade and other receivables                                   Current                         Non-current
                                                             31 March 2010   31 March 2009     31 March 2010   31 March 2009
                                                                 £000            £000              £000             £000

NHS receivables - revenue                                            11,256            4,086               0                0
NHS receivables - Capital                                                 0                0               0                0
Non-NHS receivables - revenue                                            36               54               0                0
Non-NHS receivables - capital                                             0                0               0                0
Provision for the impairment of receivables                               0                0               0                0
VAT                                                                       0                0               0                0
Prepayments & other accrued income                                      752              822               0                0
Finance Lease Receivables                                                 0                0               0                0
Operating Lease Receivables                                               0                0               0                0
Other Receivables                                                    10,232            8,629               0                0
Total                                                                22,276           13,591               0                0




Note 17.2 Receivables past their due date but not impaired                                     31 March 2010    31 March 2009
                                                                                                   £000             £000

By up to three months                                                                                   7,283            6,541
By three to six months                                                                                     80               44
By more than six months                                                                                    21               22
Total                                                                                                   7,384            6,607




Note 17.3 Provision for impairment of receivables                                              31 March 2010    31 March 2009
                                                                                                   £000             £000

Balance at 1 April                                                                                         0                0
Amount written off during the year                                                                         0                0
Amount recovered during the year                                                                           0                0
(Increase)/decrease in receivables impaired                                                                0                0
Balance at 31 March                                                                                        0                0




                                                               Page 32
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 18. Trade and other payables                                      Current                                 Non-current
                                                            31 March 2010   31 March 2009             31 March 2010   31 March 2009
                                                                £000            £000                      £000             £000

Interest payable                                                            0                   0                 0               0
Payments received on account                                                0                   0                 0               0
NHS payables - revenue                                                 15,600               8,943                 0               0
NHS Payables - capital                                                      0                   0                 0               0
FHS Payables                                                            9,783               9,350                 0               0
Non-NHS trade payables - revenue                                        4,152               5,072                 0               0
Non-NHS trade payables - capital                                        1,123                 647                 0               0
Tax and Social Security Costs                                               0                   0                 0               0
VAT                                                                         0                   0                 0               0
Other Payables                                                            839               3,732                 0               0
Accruals & Deferred Income                                              9,872               6,570                 0               0
Total                                                                  41,369              34,314                 0               0

- £0 for payments due in future years under arrangements to buy out the liability for 0 early
  retirements over 5 years (2008/09 £0); and
- £0 outstanding pensions contributions at 31 March 2010 (£0 at 31 March 2009)


Note 19. Borrowings                                                    Current                                 Non-current
                                                            31 March 2010   31 March 2009             31 March 2010   31 March 2009
                                                                £000            £000                      £000             £000

Bank overdraft - Office of HM Paymaster General /
Government Banking Service                                                   0                   0                0               0
Bank overdraft - Commercial banks                                            0                   0                0               0
Finance lease liabilities                                                    0                   0                0               0
PFI liabilities:
   Main liability                                                            0                   0                0               0
   Lifecycle replacement received in advance                                 0                   0                0               0
LIFT liabilities:
   Main liability                                                         326                   206            8,866           9,192
   Lifecycle replacement received in advance                                0                     0                0               0
Other                                                                       0                     0                0               0
Total                                                                     326                   206            8,866           9,192




Note 20. Other liabilities                                             Current                                 Non-current
                                                            31 March 2010   31 March 2009             31 March 2010   31 March 2009
                                                                £000            £000                      £000             £000

PFI/LIFT deferred credit                                                     0                   0                0               0
Lease incentives                                                             0                   0                0               0
Other                                                                        0                   0                0               0
Total                                                                        0                   0                0               0




                                                                   Page 33
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 21. Provisions                                        Current                    Non-current
                                                 31 March 2010 31 March 2009 31 March 2010 31 March 2009
                                                     £000          £000          £000            £000

Pensions relating to former directors                          4                  3                12                 16
Pensions relating to other staff                              36                 36                39                 75
Legal claims                                                  86                 60               145                159
Restructurings                                                 0                  0                 0                  0
Continuing Care                                                0                  8                 0                  0
Agenda for Change                                             67                 80                 0                  0
Equal Pay                                                      0                  0                 0                  0
Other                                                        187                212               544                424
Total                                                        380                399               740                674


                                                     Pensions          Pensions        Legal claims      Restructurings        Other            Total
                                                    relating to       relating to
                                                      former          other staff
                                                     directors
                                                       £000              £000              £000              £000               £000            £000

At 1 April 2008                                               23                149               345                  0              870           1,387
Arising during the year                                         0                  0                27                 0              231             258
Utilised during the year                                      (4)               (36)              (92)                 0            (377)           (509)
Reversed unused                                                 0                (2)              (63)                 0                0            (65)
Unwinding of discount                                          0                  0                  2                 0                0               2
Transferred in-year                                            0                  0                  0                 0                0               0
At 1 April 2009                                               19                111               219                  0              724           1,073

Arising during the year                                         0                  0                59                 0              290             349
Utilised during the year                                      (3)               (36)              (15)                 0            (198)           (252)
Reversed unused                                                0                  0               (33)                 0             (18)            (51)
Unwinding of discount                                          0                  0                  1                 0                0               1
Transferred in-year                                            0                  0                  0                 0                0               0
At 31 March 2010                                              16                 75               231                  0                798         1,120

Expected timing of cash flows:
In the remainder of the spending review period
31 March 2011                                                   4                 36               86                  0                254             380
Between 1 April 2011 and 31 March 2016                         12                 39               76                  0                152             279
Between 1 April 2016 and 31 March 2021                          0                  0               60                  0                125             185
Thereafter                                                      0                  0                9                  0                267             276

£342k is included in the provisions of the NHS Litigation Authority at 31st March 2010 in respect of clinical negligence liabilities for Barnsley Primary
Care Trust (2008/2009 £100k).

Pensions relating to former directors / staff (£91k) The financial value shown in the accounts is based on the details established in
each case by the NHS Pensions Authority on retirement.
Legal Claims include:
Back to Back provisons (£162k), NHS Trusts and Foundation Trusts supply the PCT with details of outstanding claims against them for
the period before PbR arrangements were implemented. These claims are administered by the NHSLA and are assessed for likely outcome
and financial liability by that organisation.
Staff Injuries (£69k) are claims handled by the NHSLA on behalf of the PCT. The accounts reflect the NHSLA assessment of the likely
outcome and financial liability of these claims.

Other provisions include:
Injury Benefits (£612k) relate to payments made to former staff by the NHS Pensions Authority . Life Expectancy figures are applied to
current payments to calculate the PCT's liability.
Redundancies with Older Persons Service (£119k) relate to the closure of Resource Centres in previous years . The liability, which
was initially established in 2007/08, is based on a three year plan relating to the payments to staff that worked in these centres.
Agenda for Change (£67k) The PCT has previously applied the AfC framework to all staff grades. There remain a number of
outstanding appeals where the PCT may have a liability to pay arrears in respect of successful claims.




                                                                        Page 34
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 22. Contingencies
The Primary Care Trust has the following contingent (losses)/gains which have not been included in the accounts:


                                                           31 March 2010       31 March 2009
                                                               £000                £000
Gross value*                                                       (1,211)                (712)
Amounts recoverable (if any)                                             0                    0
Net Contingent Liability                                           (1,211)                (712)
Contingent asset                                                           0                   0

*Contingent Liabilities are as follows:
Legal claims (£32k), which are unlikely to materialise, are subject to NHSLA processes and information supplied
to the PCT is based on their view of possible outcomes, financial effect and perceived timings of cash flow.
 A provision reflecting a liability of £43k has been included at note 14.

Continuing Care liabilities (£746k) are retrospective claims which are unlikely to materialise and are subject to a
process of local review with the option to appeal decisions to the SHA and the Ombudsman. The financial effect,
likely outcome and timing of cash flows are established on an individual case basis through liaison with those PCT staff
responsible for administering such cases.

Government grants liabilities (£241k) relate to grants the PCT received a number of years ago for modifications to
accommodation shared with Barnsley MBC staff. The grants are subject to an agreement whereby if the building is
disposed of during a period of 25 years following the receipt of the grant, a repayment on a reducing balance basis,
will be made. However the likelihood of this occurring is considered to be remote.

Agenda for Change (£192k) The PCT has previously applied the AfC framework to all staff grades. There remain
a number of outstanding appeals where the outcome is unlikely to be successful. A provision reflecting
a liability of £80k has been included at note 21.


Note 23. Capital Commitments
Contracted capital commitments at 31 March not             31 March 2010       31 March 2009
otherwise included in these financial statements:              £000                £000

Property, plant and equipment                                             86                   0
Intangible assets                                                          0                   0
Total                                                                     86                   0


Note 24. Other financial liabilities                                  Current                               Non-current
                                                           31 March 2010   31 March 2009           31 March 2010   31 March 2009
                                                               £000            £000                    £000             £000
Financial liabilities carried at fair value through
profit and loss
Embedded Derivatives at Fair Value through OCS                             0                   0                   0               0
Other Financial Liabilities at Fair Value through Profit
and Loss                                                                   0                   0                   0               0
Amortised Cost                                                             0                   0                   0               0
Total                                                                      0                   0                   0               0




                                                                Page 35
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 25. Finance lease obligations




Amounts payable under finance leases:                     Minimum lease payments            Present value of minimum
                                                                                                 lease payments
                                                        31 March 2010 31 March 2009 31 March 2010 31 March 2009
                                                            £000          £000          £000          £000

Within one year                                                      0                  0            0                 0
Between one and five years                                           0                  0            0                 0
After five years                                                     0                  0            0                 0
Less future finance charges                                          0                  0            0                 0
Present value of minimum lease payments                              0                  0            0                 0

Included in:
 Current borrowings                                                  0                  0            0                 0
 Non-current borrowings                                              0                  0            0                 0
                                                                     0                  0            0                 0


Future sublease payments expected to be received total £0k (2008/2009 £0k)
Contingent rents recognised as an expense £0k (2008/2009 £0k)

Note 26. Finance lease receivables (i.e. as lessor)


Amounts receivable under finance leases of                Gross investments in leases       Present value of minimum
minimum lease payments                                                                           lease payments
                                                        31 March 2010 31 March 2009 31 March 2010 31 March 2009
                                                            £000          £000          £000          £000

Within one year                                                      0                  0            0                 0
Between one and five years                                           0                  0            0                 0
After five years                                                     0                  0            0                 0
Less future finance charges                                          0                  0            0                 0
Present value of minimum lease payments                              0                  0            0                 0

Less allowance for uncollectable lease payments:                     0                  0            0                 0
Total finance lease receivable recognised in the
statement of financial position                                      0                  0            0                 0
Included in:
 Current finance lease receivables                                   0                  0            0                 0
  Non-current finance lease receivables                              0                  0            0                 0
                                                                     0                  0            0                 0


The unguaranteed residual value accruing to the PCT is £0k (2008/2009 £0k)
Accumulated allowance for uncollectable lease payments receivable £0k (2008/2009 £0k)

Rental Income                                              2009/10           2008/09
                                                            £000              £000

Contingent rent                                                      0                  0
Other                                                                0                  0
Total rental income                                                  0                  0




                                                                Page 36
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 27. PFI and NHS LIFT Schemes

Note 27.1 PFI and NHS LIFT schemes off-Statement of Financial Position
Barnsley Primary Care Trust have no Private Finance Transactions or LIFT Schemes that are off- Statement of Financial Position

Note 27.2 PFI and NHS LIFT schemes on-Statement of Financial Position
Barnsley Primary Care Trust have no Private Finance Transactions.

Barnsley Primary Care Trust does however have a number of LIFT schemes that under the new International Financial Reporting
Standards rules requires the financial impact of these schemes to be shown within the financial statements.
In order that readers of the accounts can gain an understanding of the impact of the LIFT schemes on the Statement of Financial Position
and the Operating Cost Statement of Barnsley PCT, the summarised financial information below is provided.

                                                   Tranche 1a                        Tranche 1b                           Total
                                             2009/10        2008/09            2009/10        2008/09           2009/10           2008/09
                                              £000            £000              £000            £000             £000              £000

   Gross Asset Valuation                           8,441             8,315          2,245            2,245           10,686           10,560
   Cummulative Depreciation                      (1,783)           (1,445)          (187)             (93)          (1,970)          (1,538)
   Total Net Book Value                            6,658             6,870          2,058            2,152            8,716            9,022


   LIFT Liability less than one Year               (285)             (166)           (41)             (40)            (326)           (206)
   LIFT Liability Greater than one Year          (6,832)           (7,116)        (2,034)          (2,076)          (8,866)          (9,192)
   Total LIFT Creditor                           (7,117)           (7,282)        (2,075)          (2,116)          (9,192)          (9,398)

   Costs Included within the Operating
   Cost Statement in relation to LIFT              1,261               1249           332              296           1,593            1,545



   Total obligations for on-Statement of Financial Position NHS LIFT contracts due:


                                          31 March 2010 31 March 2009
                                              £000              £000
   Not later than one year                         1,530             1,493
   Later than one year, not later than
   five years                                      6,513             6,354
   Later than five years
                                                  31,579           33,268
   Sub total                                      39,622           41,115
   Less: interest element                        (7,881)           (8,518)
   Total                                          31,741           32,597

   The PCT has entered into LIFT contracts with a private sector organisation (Barnsley Community Solutions Ltd) relating to the provision
   of healthcare. The related accomodation is as follows:-

                Tranche 1a
                Worsbrough                wef 1/11/2004
                Goldthorpe                wef 29/11/2004
                 Thurnscoe                wef 15/11/2004


                Tranche 1b
               Grimethorpe                 wef 7/4/2008



   The LIFT obligations are for a period of 25 years. At the end of this period the PCT has the option to buy the asset at Open Market Value.




                                                                   Page 37
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 28. Financial Instruments

Financial risk management
Financial reporting standard IFRS 7 requires disclosure of the role that financial instruments have had during the period in
creating or changing the risks a body faces in undertaking its activities. As the cash requirements of the PCT are met
through Parliamentary Funding, financial instruments play a more limited role in creating risk that would apply to a non-
public sector body of a similar size. The majority of financial instruments relate to contracts for non-financial items in line
with the PCT’s expected purchase and usage requirements and the PCT is therefore exposed to little credit, liquidity or
market list.
Currency risk

The PCT is principally a domestic organisation with the great majority of transactions, assets and liabilities being in the UK
and Sterling based. The PCT has no overseas operations. The Trust therefore has low exposure to currency rate fluctuations.
Interest rate risk

PCT's are not permitted to borrow. Barnsley Primary Care Trust therefore has low exposure to interest- rate fluctuations
Credit Risk
Because the majority of Barnsley Primary Care Trusts income comes from funds voted by Parliament, the trust has low
exposure to credit risk.

Liquidity Risk
The Primary Care Trust's net operating costs are financed primarily from resources voted annually by Parliament.
The PCT also largely finances its capital expenditure from funds made available from Government under an agreed resource
limit. Barnsley Primary Care Trust is not, therefore, exposed to significant liquidity risks.




                                                            Page 38
Barnsley Primary Care Trust - Annual Accounts 2009/10


Note 28.1 Financial Assets                          At ‘fair value        Loans and            Available for       Total
                                                   through profit         receivables              sale
                                                      and loss’

                                                        £000                  £000                 £000            £000

Embedded derivatives                                                 0                 0                       0             0
Receivables - NHS                                                    0                 0                       0             0
Receivables - non-NHS                                                0                 0                       0             0
Cash at bank and in hand                                             0               204                       0           204
Other financial assets                                               0               269                       0           269
Total at 31 March 2010                                               0               473                       0           473

Embedded derivatives                                                 0                 0                       0             0
Receivables - NHS                                                    0                 0                       0             0
Receivables - non-NHS                                                0                 0                       0             0
Cash at bank and in hand                                             0                77                       0            77
Other financial assets                                               0               261                       0           261
Total at 31 March 2009                                               0               338                       0           338




Note 28.2 Financial Liabilities                                           At ‘fair value          Other            Total
                                                                         through profit
                                                                            and loss’
                                                                               £000                £000            £000

Embedded derivatives                                                                       0                   0             0
NHS payables                                                                               0                   0             0
Non-NHS payables                                                                           0                   0             0
Other borrowings                                                                           0                   0             0
PFI & finance lease obligations                                                            0                   0             0
Other financial liabilities                                                                0                   0             0
Total at 31 March 2010                                                                     0                   0             0

Embedded derivatives                                                                       0                   0             0
NHS payables                                                                               0                   0             0
Non-NHS payables                                                                           0                   0             0
Other borrowings                                                                           0                   0             0
PFI & finance lease obligations                                                            0                   0             0
Other financial liabilities                                                                0                   0             0
Total at 31 March 2009                                                                     0                   0             0




                                                               Page 39
Barnsley Primary Care Trust - Annual Accounts 2009/10

Note 29. NHS LIFT Investments                                           Loan          Share capital       Total
                                                                        £000             £000             £000

Balance at 31 March 2009                                                       257                2               259
Additions                                                                        10               0                 10
Disposals                                                                         0               0                  0
Loan repayments                                                                   0               0                  0
Revaluations                                                                      0               0                  0
Loans repayable within 12 months                                                (2)               0                (2)
Balance as at 31 March 2010                                                    265                2               267

Balance as at 1 April 2008                                                     260                2               262
Additions                                                                         0               0                  0
Disposals                                                                         0               0                  0
Loan repayments                                                                 (1)               0                (1)
Revaluations                                                                      0               0                  0
Loans repayable within 12 months                                                (2)               0                (2)
Balance as at 31 March 2009                                                    257                2               259




Note 30. Other financial assets
                                                                            Current                           non-current
                                                                  31 March 2010 31 March 2009         31 March 2010 31 March 2009
                                                                      £000          £000                  £000           £000

Embedded Derivatives at Fair Value through OCS                                   0                0                 0          0
Financial assets carried at fair value through OCS                               0                0                 0          0
Held to maturity investments at amortised cost                                   0                0                 0          0
Available for sale financial assets carried at fair value                        0                0                 0          0
Loans carried at amortised cost                                                  2                2               267        259
Total                                                                            2                2               267        259


Note 31. Other current assets                                     `                   31 March 2010   31 March 2009
                                                                                          £000            £000

EU Emissions Trading Scheme Allowance                                                             0                 0
Other Assets                                                                                      0                 0
Total                                                                                             0                 0


Note 32. Cash and Cash Equivalents                                                    31 March 2010   31 March 2009
                                                                                          £000            £000

Balance at 1 April                                                                               77                119
Net change in year                                                                              127               (42)
Balance at 31 March                                                                             204                 77
Made up of
Cash with Office of HM Paymaster General/GBS                                                    196                69
Commercial banks and cash in hand                                                                 8                 8
Current investments                                                                               0                 0
Cash and cash equivalents as in statement of financial position                                 204                77
Bank overdraft - Office of HM Paymaster General/GBS                                               0                 0
Bank overdraft - Comercial banks                                                                  0                 0
Cash and cash equivalents as in statement of cash flows                                         204                77

Patients' money held by the PCT, not included above                                              13                15




                                                              Page 40

				
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