Annual Accounts: April 2014 – March 2015

David MaloneyChief Finance OfficerHaringey CCG

Achievement of financial duties

Haringey CCG achieved its statutory financial duties for 2014/15:

• We achieved a surplus of £0.1m against our overall budget of £329.5m

• We achieved an underspend of £1.3m against our running cost budget of £7.8m.

The financial duties were delivered in a time of significant changes and challenges in the NHS.

External Audit Conclusions

The CCG received ‘unqualified opinions’ on its 2014/15 annual accounts from its external auditors. This is an independent judgement that an organisation's financial records and statements are fairly and appropriately presented.

Specifically, Haringey CCG received:• Unqualified opinion on the financial statements;• Unqualified regularity opinion;• No issues to report regarding the Value for

Money conclusion

Financial challenges faced during 2014/15

• Management of in-year financial risks – in particular overspending in acute (hospital) contracts

• Increased activity within prescribing and continuing healthcare services

• Delivery of efficiency savings of £7.5m• Discussions with neighbouring CCGs in north

central London to agree financial risk-share arrangements

• Joint working is key to financial sustainability of the local health economy

How the CCG spent its budget in 2014/15

• Total CCG expenditure in 2014/15 was £329.4m.• This was spent commissioning these services:

Values are in £m