FINANCE: West Middlesex University Hospital Trust ended the financial year 2011-12 with a surplus of £1.5m after a revaluation of its assets saw a decrease in its asset valuation of £2.3m.

The cash balance at the end of the year was £1.4m and the trust made a public dividend capital repayment of £1.7m.

However, it failed to make any repayments against its working capital loan form the Department of Health.