2021-03-31-accounts

Weldmar Hospicecare Weldmar Hospicecare (A Company limited by guarantee and not having a share capital) Company R8gl$lralion No. 2520727 IEngland and Wales) C￿arItY Regislralion No. 1000414 Consolidated financial statements For the year ended 31 March 2021

Weldmar Hospicecare INDEX Legal and admlnlstrntive infomjatton Report of tho Trust•e8 Ilncludlng Stratggl¢ Report) 3-12 Report of th6 Indepfjndenl audltor 13.16 Consolidated statement of flnanclal actlvlties 17 Consolldatèd and Charlty balance sheets 18 Con$olldat?d cash flow $tst•mènt 19 Notes fomilng part of the con801idated flnanclal ststemgnts 20-39

Weldmar Hospicecare Legal & administrative information for the year endod 31 March 2021 Patron Hi8 Royal Highness The Prince of Wales KG ￿ GC8 Presldent The Hon Mrs C Townshend DL Vlco Presldents Mrs C Bueno The Lord Fellowes of Wesl Slafford DL Mr J Gibson Fleming DL DrGGuyMB8S Sir John Jamos KCVO CBE Ideceased February 2021 } Mrs V McDonaugh Mrs J Mair.s Mrs C J Nickin8on Mrs D Sale RGN RCNT Mrs E S We,'d DL Truste85 Mr S Baynard {Ch8imanl Mr I Stone Ivice Chairman) Mr I Campbell Viscount FrtzHarris Mr D French Mrs J George Mrs T Grant Ms S HavlKett Mr J Joicèy-cecil Mr P Lovibond (Appointed 151h July 20211 Mr J Lambert (Appointed 15th July 20211 Mrs D Smith Chlof Executlve Carollne Harnblett Company Secretary Dean Daniels Reglstered & Prfnclpal Offlce Joseph Weld Hospice Herring8;on Road Dorchesler DT1 2SL Bankers CAF Bonk 25 Kings Hill Avenue Kings Hill, Wesl Malling Kent ME19 4JQ Barclays Bank pl¢ 10 South Stre81 Dorchesler DT1 1BT National Westminster Bank Pl 49 South Street Dorchesler DT1 1DW

Weldmar Hospicecare Legal & administrative information for the year ended 31 March 2021 continued Sollcitors Blanchards Bailey Bunbury House Slour Park landford DT119LQ Règlstered Auditor Saffery Champness LLP Midland House 2 Poole Road Boum&rnoulh BH2 5QY Inve6lm•nt Managers Rathbones 8 Finsbury Circus Lontlon EC2M 7A2

Weldmar Hosplcecare Report of the Trustees for the year ended 31 March 2021 The Trustees are pleased lo present their annual Trustees, report together wlh the consolidated financi81 statemen15 of Ihe charty and its subsidiar'.es for the ye8f ending 31 March 2021 which are also prepared lo meet the requiréments for a Directors. report and accounts lor Companies Act purpose8, The financial s181ements compty with the Charities Act 2011, thg Companies Ad 2006, the Memorandum ayd Articles of Association. and AccoJb n:ing and Repcrting by ChaTiies.' Slalement of Recommended Practice opplicable lo charities preparing their accounts in accordance with the Finan¢lal Reporting Standard apPI￿able in the UK 8fbd Republic of Ireland IFRS 1021 (effective 1 January 20151. We have referred lo the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future actiw,ligs. Our s¢rvi¢es are provided free of ¢￿.ar9e. The list of fruslèes who served during thg year can be found on Page$ 1-2 of the accounts together with other legal and adm'D1s1ralive inlomalion. Vision Th81 people 8ffe¢led by lrfe limrting dlsease in and around Dorsel can accosg skilled and compasslonale 8UPPOrt lo mg¢1 all their needs, now and in the future, wh818ver thgir finan¢i&l ¢ir¢umslance8, M588ion To ensure all pat en18 needing oallialive car8 in Oor881 havo ace888 lo excellent servSceB delivered when and where need9d whether by Weldmar Hospware, or by others support&d by the charrty. To off6T SUPPOrt lo famille$ and others affected by the palienl'8 Illne¥s. ValLieB We uphold the independenc8, dignrfy and indivldualrty ol the patient. We aim lo gwe excellent ¢llnical, spirrtU81, social and p8ychologl¢al c4r8 to patients and families. We aim lo be Inclu8Ne and to embrac8. value and rgsp8cI diverslly. We ￿11 be open, honesl. transparent and a¢eounl8ble lo our 9tsk8holders. We will slrlve towards conlinual improvement and excellon¢e. We value, respect. support and celebT8le our volunteers. We value every £1 donated lo our cause and aim lo usé il wisely.

Report of the Trustees for the year ended 31 March 2021 continued Objectlves & Activltles.. 8en&flclarles'. Adults, principal￿ in North, South and We81 Oors8t, who require speeialisl palliative care, and their families. weldrr.ar H08picecare services are inleg'.aled lo cover North, Central ar.d South Dors81. E8ch area has similar populations bul drffering geographies 8nd socwconomic characteristi￿. Wh.'Isl North Dorsel provides the grealest number of pattenls, these patients prefer lo be Iwked after In their own home or in the community hospitals. Servleas We provided.. a community specSalisl pallialiva care nLtrsing sefvice day hospice in liv8 locations 14 hosp￿8 beds In a hospice in Dorche$ler medlcal corsullancy for ihe communrty. hoSp￿e and on<all for local hospitals 50¢ial 8UPPOrt including.. Child and adult b8reav8menl support, chaplaincy and counsglllng servlces wide ranging volunl8er s8Nices .'rom befn"ending lo IransPOrt educal.on Sn $peei81isl paili8tiv8 c£re for specialists and gen8Talisl$ Our teams are Inlegraled lo provide a genuinely 8eaml88s service based around palienls, needs. 11 also gnhances our capacity lo manage increase in demand by providing a stronger servlce In th8 community. r8cucing the growth in demand for Inpalienl Unil servKes. The palienl$ who attand the Inpaliènl Un I IIPUI a.'e p.ow extremely comp.'ex, requiring the medical and nu'rsing exp8rt18e available in Joseph Weld Hospice We also care for Complex pab'enls in a ¢ommunily selling which might be their home, a nursing home or 8 communrty hospiial. Achlovements and Performancè ServlGe Quallty AS an orga.Yisalion partially fundèd by the NHS, Weldmar Hospicecare is oblyed lo publish a aualily Accoun,. lor the year and ',his can be found on our websf(e. .weld-hDs ice,0 usllale

Report of the Trustees for the year ended 31 March 2021 Corporate Oblgctivgs and Achievemgnts Pro Aim Finon¢ial 1. Like for Ilke expenditure growth kept wllhin 3QA ceiling re58 8 ainst last &als stat￿ ob'eclives.. Achievement 1. Yes 2. To work towards a fully operational balanced budget in 2022Q3 Operallonal 1. TO develop p8rtnership8 wkh local organi501ions paching patients and their law.ilies who lor whalever reason find il hard lo access our services 2. As wg C￿rte oul ol the Covid-19 pandomi¢, we will be able io fully appraise our po¥illvn as 2021122 progresses. 1. We have forged excellent partner8hlp8 wfth local orgar.isations that reach patients. We 81$0 b8 launching our own Weldmor al Hom8 servlce in Jaly 2021. Staff and Governance 1, To develop a sustalnable workforce ulllisinu the 8pprenlice$hip l¢vy where posslble 1. Wo h8ve a number of a¢lfve apprenlicoship$ and would have fully utilBed Ihe lewy bul for Ile Covld-19 pandomlc, 2. A more ¢omplete wgllne38 programme 1$ on offer which Includes ¢omplemenlary therapy and olso ¢¢)unsalling. 2. To develop a comprehensive wellness programme for staff Slralagic 1, To develop a new m8rkeling slrale9y lo raise the profile o! the seNices avpilable 8nd for income geneTation 1. Weldmar has increasgd our commitment lo our marketing t9am which I￿11 include a crealive de8igner. Complalnts and other 1&odback In 2020121 we ￿ceIVed six c.inK81 complwni$ las compared to three in 20191201. None of the complainants fell il nece56ary lo lake the complaint lo the Chaiman or the Health Ombud8man. Four complaints were rnade regardlng Ine Inpalienl Unit and came from c¢Jmmunfty. All were nvesligaled and replied to giving full responses to th8 concems raised by the complainan18. S8rvic8 provision is cgmplex by ils nature and from a variety of agencies. Wddmar will continue lo dèvelop our skills in helping patients and their f8m,,Iieslcarers lo navigate and understand these r&lalionship8, end ensure we are as clear as we can be who., g our own c(xnmilmenls and responsibilllies s:ort and end,

Report of the Trustees for the year ended 31 March 2021 Care Quallty Comrnisslon Our serv.ces are regulated and insp8¢1ed by the C8.'e Qualty Commission ICQCI with whom we are ragislered under the Care Standards r8gulab'ons. While we are independent of the NHS, our clinical work is guided pri.ncipalty by the G￿ldelineS on Pallial.ve Care issued by the Natitrnal Inslilule for Clinical and Heartn Excallence INICEI and +he Qual-,* Markers for End ol Life Cam. We received an unannounced inspection in March 2016 and were dalighted that oL'r Services were rated as oulslanding. There havg be&n no in$pgctions thi5 year. Voluntèers and Slaff Ovtsr Ihe last financial year. numbers have been affaet8d by the Covid-19 pandemi¢. Fu.Ydraising throughout Ib.e county is supported in many drfferent ways by volunteers. Normally they work alongside ouir fundraising leary, bul this has not been possibl& 89 our events havg not taken place. The volunteers remain loyal. standing by us, raady lo resume when we are 8bl8. We currently havè 544 registered fundraising vo14Jnleers 12020.. 605). Being a volunteer In one of our 19 charity shops and 5 ouilels 18 both lun and valuable, eiabling 8n enormoLJS ¢onlribulion towards raising funds for the cafe we provide throughout Dorsel. We currently have 352 retail volunleers12020.' 4181 who contributed 19,777.5 hour$12020.. 63,455.5 hours). Th8 volunteers have been extremely resilient, a8 non4ssgnlial retail has been in and out of lockdown thre@ limes. Befriending and caring, supporting and helping 8re words that describe our patient care volunle@r8. We curr¢nlly have 162 Paiient care volunleers12020'. 1741 who contributed 4,131 hDurs12020.' 11,858 hours). Some volunteer roles have continued unaffected such 8s hosp￿8 r8e8plion, Some roles havé been delivered in d fferenl ways using technology such as bereavern8nl support and splrilu81 care, and some ro188 have been su8pended duo lo Covid-19 reslri¢iion$. Cdleclively, wé would not be able to deliver the level of Service th81 we do wrthoul the conlribullon from 011 our volunteérs. Volunteers have access lo Ihè Volunteers. Group Forurr. wher8 thèy can pul forward 8uggèslions and Ideas lor improving or developing the support and involvement ol the volunteer contribution. This mel 6 tima$ in Ihe year. Weldmar's vèry first volunteer satl8faclion survey was carrled oth in Aprll 2019. Tha rtrlum rat& of 18Q/o wa8 disappointing, however, we received some gre8t comments and feedback includlng.. 98¢1. l enjoy volunlearir.g for Weldmar 97.kn - I would r￿OrnMend Weldmar lo friends and family if they needed care or treatrnenl 960A . I would r￿Mmend Weldmar as a place lo volunleef What is the best thing about volunteering al Weldmar.. Making 8 contribution in an area whtch is personally importgnt to me 11 gave me a purpose after my bved one died The satisfaction gained from helping a m081 needed and worthwhile operation There were 219 staff al the end of March 2021 {2020'. 2361, 180.07 full lime equivalenl12020-. 174.741. There are 60 clinral staff plus 7 doctors If l.e. 3.81. The rest are family support and bereavement worker8, compk.Yenlary and creative practr(ioners, workforce dev&lopmenl, hotel servI￿s, volunteer manager, fundraisers, r8tsil. 8dministralive and management Staff. Sl8ff have access lo an Employee Forum where they can raiso issues ol concern or ideas about setvico developrnenl. fhis mel 4 limes in the year.

Report of the Trustees for the year ended 31 March 2021 continued Flnancial revlew Results The Charity raised £10.80m12020'. £9.47ml and spent £8.60m12020'. £9.08rr.I dur￿n9 the year, resulting in 8 8Lrplus of £2.20m12020". £0.39m). The ',iiancial performance was in exce88 of the budget for the year. Incomè Legacy receipts al £2.23m12020.' £'.89ml includes valuations of legacies wh￿h include 8h8re8. rhe Board continues a policy of diversification In income generation to lessen the chari:y's relianee on any one strand D, income. Relaii perFormed strongly. bul the impact of Co￿d-19 in March 2020 and the sudden ¢losure ol shops meant budget wa$ not achieved. The NHSE awarded fLnding lo allow the b.ospiee to make availat)le bed copacily and community suoport from April 2020 to July 2020 to provide support lo people with complex neod$ in the conloxt of the Covid-19 siluallon and lo provitjè bed capacity and community support from November 2020 10 March 2021 for the same purpose. Expgndlturl 2021 2020 Expenditure was allocated.. Inpalienl unil Community nurslng service Day ¢2r8 services Education Generating Funds.. Fundraislng 10 Shops & trading 27 29 Costs associal¢d with the s¢ttlng up of new shops are expensed in the yaar that they occur. Tradlng SubsSdlarle8 Th$ Charlly has two 5ubsldiaries for the purpose of generating fvnds.. Weldmar H08picec8re Tradirtg Limited and WeldmaT Hospicecare Enl8rprisg3 Limited. All tax8ble profrts are paid to tho Ch&rity under gift 8id. A quasi- 8ubsidiary rela¥ior,ship exists betweèn the Charity and both compani8S. Although ',hey do not fulfil the definition ol a subeidiary. 4Igy are directly controlled by tho Chari;y and this relationship gives rtse lo benefits lor Ihe Charity Ihal are In substanGe no different from ihog8 that would arise if they were a subsidiary. Weldmar Hospice¢8re Trading Limited generates Income from the $8le of purchased good8, predominantly Chrisimas & gr8elings cards. Total revenu8 was down 4601010 £52,572 in the year 12020, £97,950) Weldmar Hospic8caTe Enterprises Limited ra'.58s funds for the Ch#rrfy Inrough corporate sponsorsh and ading as a selling agent on behalf of participators donats'ng goods in the Chanty's shops. Tot?1 revenue was down 69Q/J lo £47.897 in I￿e year12020'. £154,798). 39 18 18 Rgserves Current reserves sland at £17,989,13612020". £14,C61.6461. Thi8 is partly due lo the recovery in the value of our investments achieved gains in market value of £1.179.55312020'. losses of £742,686) and the five yearly revglu81ion ol Lgnd & buildings achieved 8 gain on v81uolDn of £545,659 (2020.. £NILI 1 General Fund £6.04m 2 Capital Fund £6.49m 3 D8sign8ted Slral?gic Fund £4.15m 4 Reslricled Funds £1.23m 5 Trading Subsidigry Funds £0.08m Full disclosure of fund rnovemenl¥ is made in Note 18 to the financial slalements.

Report of the Trustees for the year ended 31 March 2021 continued General Funds Th¢se are free reserves lo insulate W8ldmar Hospicecare frorn signfficant changes in flows of funds from either th@ NHS or the general public and legacies and represent over fDJe months, operational expenditure. The Trustees hokl General Funds for securing the long lemi operation of the s&rvlce, for lulure c8pilal expenditure, major refurbisb.menl or service developmeni not yel specified. The current level is dsèmed sufficient for ant￿ipated neèds 8nd risks in the naxt 12 months. The level of reseNe5 is monitored throughout the year. Designated Strateglc Funds This is the amount Set 8side by Trustees for priming now service$ and investing in more opportunities for generating In¢ome to 8ubskgi8e our patient services. The amount required is constantly under revlew. Investments The Charity's investments gre overseen by the Finance & Inveslm8nt ¢t)mmrttees Ic¢)mpri¥ing Trus18es and Forum of Advis8rs' m8mbersl, who dètermine overall asset allocation between cash, property and quoted securitie8. Detailed asset all¢xalion and performance management ol quoted s￿UritieS lavè been delegated lo Ralhbenes. The objective gN8n lo the investment managers is that the portfoli¢ snoukj achigve a balancgd retum wf(h a dèfined level of risk Ilow lo mediuml, and with no more than 3D/o invested in propgrty fbnd8 or companies (dug lo other investments in propettyl. The mandate is kept under Conslonl review. The value of quoted sacuritie8 al 31 March 2021 was £8.02m12020'. £5.15ml. In addition the Trustees hold £0,54m in the Charities Property Fund12020'. £0.55ml. a Common Inveslmgnl Fund avai18b18 to all charities in England and Wales that invests directly .n UK comm&reiai property. Ethl¢al Investment,. It is the Trustees, Vk8W that no fund8 should be invested directly In tobacco 81ocks because ol the proven link befv4een smoking and death and especially premature death from ¢an¢er- th$ focu8 of our maln charitable 8clivty. Fundralslng Pollcy In 115 income ge.fjeralion activities Weldmar Hospicecara follows the requiremen4S of ¢harty legislation, money laundering and anli4orrup'.ior, legislation and tho slandarols promoted by the Fundr8islng Regulator and tho In$litul¢ ol Fundraising. Weldmar Hospicecare tharefore a¢c8pls financial support on the following condilitsns.. The support can contribute lo the furtherance of Weldmar Hospicecare's charitable 8ims and objectives. Thg Trustees are salislied accepting such S%lPPOrt wll not cause advetse publici:y which affects our slandir.g in the co.mmunty in which we operate, our ability to raise funds from other establishad supportars or which will be detrimgntsl lo our professional reputation as a seNica provider. Wèldmar Hospicecare will not endorse or approve the seryi¢es of any company, in p8rticular those 8SSWl8led with ils work (undertakers, solicitors elc.) whether in return for financial or other support or not. Weldmar Ho$picE¢are will not sell any of its databases lor any reason. In 8ddilion lo the above, Weldmar H08pieecafe will not aceepl financial support or enter in lo partnerships with companies involved wth ihe comme￿1?1 exploitation of tobacco because ol the provgn links of lobaceo consumption wrth cancer.

Report of the Trustees for the year ended 31 March 2021 cOn￿nUed Plans for Future Periods Strateglc Plan Our Strategic Plan addre¥5es the challenges we f8ce, aiming to.. Devebp partnersnips to enhance the region'8 capacily lo promde fast, coordineted, f,exible respons8 lo patients in their own homes Considor joint working beyond traditional boundaries and on different busin8s8 mode18 to CT6ale this capacity Improve mechanisms for obtainin9 patient and families. feedback Develop more secure and diversified 51reams of inu)me W&ldmar Ho$picecare cort¥inues lo feel that rts gre8te81 risk is the unprediclabllily ol principal sources of income in Ihelgng term fundra1sing, NHS funding and legacies. The second risk 15 mainlainlng quallly Df s&vice. Due lo rapiély rising demand Inv￿lMent will be madé inio Weldmar al Home in 2021, We do nol see either siluatlon ch8nging in the near future. All fundraising events wete cancelled lor the 2020121 year and the retail shops had lo contend Wilh three perigd6 of Itxkdown wh8r8 non*83gnli81 retail w88 closed. Weldrr,ar Ho$picec8re has made a capttaS commitment of £530,073 al year end for the refurbishment of the Inpali&nt Unil in Dorchesler. Key Objectlves for 2021122 Financk91 To ensur¢ expenditure growth kept within 3% ceiling To invest in long 18mi income generation including legacy marf(81Sng and lottery Investment lo se¢uffj bng lern fvnding Streams Operational To actively promole and offer employmanl antl volunteering opportunilios lo people ￿th a disability To review Weldmar Hospi¢ecare's $ervice¥ as require¢J as 8 re5Urt of Covid-19 Staff and Govemance Ta ¢ontlnug lo devolop a comprehensive wellness progr8mme for $18ff Strategic To implement the new slr8tegy for Weldm8r Hospicecare lor 2020-25 To continue lo develop workforce, lundr8i$ing and retail strategles to und8rpin Weldmar Ho8pieec8re'$ main strategy

Report ofthe Trustees for the year ended 31 March 2021 contlnued Structure, Governance and Management The Charty is in¢orporaled as a Limrted Company by guarantee and is govemed by our ArtIGles of AssocIa￿on. Tho Board mee18 6 times a year and in between limes delegates responsibil(ty lo a Chief Executive (Caroline Hamglettl and tho Directors. GroJp. The Board has adopted the Code of Conduct for Good Governanc8. 11 conducted an apDf8isal measured against tha standard5 in the Codg in the yèar. Board Nomlnatlon8 Commltteè and appolntmont of nowTrustogs Th¢ Board Nominations Commirtee ￿et twice dur.n9 the last financi81 y8ar lo review the skill mix and membership ol the Board. The focus of the Board Nominations Commrttee r8mains the refreshment of Ihg Board as long servip.g Truste68 C¢)me up lor relire,ry)ent over the next few year8. Th&rs wer8 no appointments lo the Board in 2020r21. Apprais81 of 8oard perfomancè continues under the Chairman, When new Tnjslees gre apF)oinled they are invited to 8n indltction day to b￿ef them on.. their leg81 obligations under charily and ¢ompa.Yy law, furdrais'.ng regula:ions. the Charity Commission guidan¢e on public ban81il. and inform them of the wnle.ryi ol ihe Articles ol A$50ciation, the committee and decislon-making processes. Ine strategic plan and recent financial performance of the cttarily. During thè induction day they meet key employees and other Traslees. Trustees are encouraged to allend appropriate external Iraining events where these will 4acilrtale the undertakin9 of their role, They will also be briefed on a partrul8r area ol our work al the commencement of most board meetings. Board Commlttee 8tructure Tho board committees are as follows.. Audit and Risk Management Board Nominations Clinical Governance Integrated Govemance Financ8 Investment and Property Hurnan Re¥ou.'ces and Workforce Development Income Generation Equaif(y, Oiversity and Inclusion Each is chaired by a Trusloa and includes Other Trustees, memb8r8 of the Forum ol Advisers, slaft and often experts who volunteer their help on 8 specffic tcyic bul who are not part ol the Board. The Charity considers its key management personnel lo comprise the Trustees and thè senior managtsmenl tèam, who are ltr.e Chief Execul:'ve and 5 olher key directors. The Trusleos receive no remuneration. Directors, pay 16 set in accordance with the competitivo market rate. This seheme ¥vas atlopted in 2006 al 115 adoption by the NHS and ailwates posts lo sel pay bands using the job evaluation scheme. The Medical Director is paid in accordance with conlraclual arranEemenls agroed between the NHS and the Brrtish Medical Association. Rlsk Management There is an Assurance Framework matching the Terms of Reference of Board commillees with the Risk Register and Sirategy. ensuring that each area ol ac:ivity is gcrul,'nised by a Board Comryiittee. EaGh of the Clinical Governanco sub-committees is simikgdy mapped against tha Clinical Risk Register to ensure comprehensive sc.wliny. 10

Report of the Trustees for the year ended 31 March 2021 Contlnued Weldmar Hospic￿?re employs independent intemal auditots ITIAAI to examine key areas of risk in a progTrmme of work which shoukl cover the whole organisalion every fwe years. Thi$ y88,' they looked al the operation and controls around elinic81 tra.'ning records, key management financial controls and shops. TIAA indicated that in most areag the Board had reasonable a55ur8nce there wer& robust rnechanisms in place * mana9e risk and operalK)ns. The Char¢,y has a comprehen5wg Risk Management policy which sets out re8PL)nsibilities for ris id@nlificalion, assessyenl, recording, repotting ar.d monrtoring. New ris<$ arè identified at Direclprale level ano syslemat'"calty reviewed by the Risk Appraisal Panèl Ilh8 Directors, Groupl which m&els quarter,'y lo identify the key risks lo the organisalion. The Board reviews Ihe Register twic& annually and the Audit and Risk Man￿emen,. Inlegraled Govemance and the Clinica5 Govemance commillees scrutinise risks and w.iligallng actions in rn0￿ deloil. Cllnul Risks are Klenlified by g Risk subgroup ol the Cl,"niGal Governance structure. The Truslegs do not expect BT8xit lo have 8 8ignfficant irr.pact on the Group's 8Ctivli95 unless ther8 is a general downturn in the economy or there is drfficuliy being ab'e to employ staff from the EU. Statement of Trustees, regponslblllties The Trustees {who are 8180 d1￿ctOrS of Weldmar HOSp￿eCOr9 for the purp08&9 of c¢Jmp8ny lawl are responsible for preparing the Trustees. Report and the financi81 slalemenls in accDrdanc8 with applicable law and United Kingdom Accounling Standards Iunrted Kingdom Generally AGGepled Accounting Praclicel. Company18w requires the Trustees lo prepare financial s181gmenls lor each financL41 year whl¢h give true and fair view of the slate of affairs ol the chariiable company 8nd of the incoming resources and application ol resources, including tha income and oxpendilure, ol the charitab￿ grcsup for that period, In prep8dng the$8 financial stalernenls, the Truste8$ are required lo.. select suiiable 8ccounling poltcigs and then apply them conyislenlly., obsewe the methods aqd principles in the Charrties SORP., maktr judgements and eslimal8s that are reasonable and prudent.. slate whether applicable accounting standards have been followed, svblect to any material departureg disclosed and explained in the flnancial slalemenl8', prepare Ihe financlal slalemen19 on the going ¢oncern basis unle88 It is inapproprlale lo presume that the charrty will continue in businesg. The Trustees are responsible lor keeping propor accounting records that disclose wlth reasonable a¢¢uracy al any lime the financial posrtion of the charitable company and group and enable them lo ensure th81 the financial statements comp,y with the Companies Act 20Ch8. Th9y are also responsiblo for safeguarding the assets of the charitable company and group and hence for taking reasonable steps for the prevenlion and detection of fraud and other irregularities. The Tru51ees are responsible lor Ihg maintenance and inl4r.ty of the corporate and financial infoTmalion included on the charrtable company's wobsi:e. Le9islaliO￿ in tho Unrted Kingdom govgrnlng the preparation and di3seminalion of fir.anciai slalernenls may differ from legislation in other juri6diclions.

Report of the Trustees for the year ended 31 March 2021 continued Statement as lo dis¢losur• to our auditors In so far as lh& Trustees are gware at the lime of approving ou. Trustees, annual rèport.. there is no relevap.t informab'on. being information needed by I￿,e auditor in connection with preparing their report, of which the group's auditor is unaware, and the Trustees: having made eyquiries ol felk)w Trustees and the group's auditor that Ih&y ought lo have individually taken, have 8ach taken all steps ihat helshe is obliged lo lake as a dir&clor in order to make Ihem5efves aware of any relevant audrt information and lo esiabli8h that the auditor is aware of that information. Audltors Saffery Champness LLP were appointed as auditor lo the Charity and in acGordanc8 with Section 485 of the Companies Act 2006. a resolulKin proposing thal Ih8y be re-8ppoinled wll be pbl al the Annual General Meeting. Golng Concérn Oespile the impact of the Covid-19 pandemiG, there is no sugge¥ts"on th81 Weldmar Hospic8¢aro 15 not 8ble lo report ils financial statements on a going con¢em basis. Approv8d by the Trusleas and signed on their behalf by.. Mr Stephen 8aynar¢J Trustee 16 Septembèr 2021 12

Independent audltorfs report to the mewnbèrs of Weldmar Hospicecare Llmited Oplnlon We have audited the financial ststements of Weldmar Hospware Limited (the 'parenl charitable company) Snd ils subsi¢Jiaries Ilhe 'group') for the year ended 31 March 2021 which comprise Con801idaled Slalemenl of Financial Activities, the Consolidaled and Charity b81arce sheets, Ihe Consolldalad Cash Flow Slalement and notes lo the financial sla:8menl$. including signillcanl accounting policies. The finonciai reporting framewoth that has been applied in Ih8ir preparation IB applicable law and United Kingdorn AccoJnling Stsndards. inclts'dirg Financial Reporting Standard 102, the Financial Reporting Standard aDplicable In the UK and Republ￿ of Ire18nd (Unhad Kingeom Generally Accepted Aecounling Pract￿¢1. In our opinion the financial stslemenl$'. glve a truè and lair VEW of the slate of the affairs of the group and the pargnl chafilable company as al 31 Mar¢h 2021 and of the gTO'JP'6 incoming resources aqd 8opllc8110n of reSou￿e5, including rts income and expendilure, for the year then ended., have been properfy pr&pared in accord8nGe wlih Unrte(l Kingdom Generally Accepted Accounting Practice.. and have béen prepared In accordanee ￿th the requirements ol th8 Companleg Act 20C6. Bas1$ for oplnlon We conducted our aud￿ In accordanee wrth Int•mat￿n81 Standards on Auditing IUKI IISAS IUKII an¢J applicab'e law, Our reSDongibililio$ under those standards are furthe.. described in thè Audilorfs responsibllffies lor',he aud51 of tb.e IlnancBI 6talements 8eclic)n of our report. We ortr ird8Pondenl of the group and parent charilable cornpany in accoroance wrth Ihe elhul ￿qUIrementS th81 are relevant lo ovr audit of the financial ¥lat&m8nls in the UK. including the FRC'S Eth￿al Standard. and we have fulfilled our other gFhlcal r8spon51bilft,ies in accordance with these rgquiremenls. We bo1iev8 that the 8udll evidencè we havo obtained 18 sufficignl and approprio10 to Pfomde a ba81$ lor our opinion. Concluslons rglatlng to golng concern In audlling the fln8nc'.al $18lemenls, we have concluded that the Iru8tees' use of the golng con¢ern basi5 of accounting in the preparation of the financial $lal8menls Is approprialg. Based on the work we have ptrrtomed, we have nol idenlffied any malorfal uncertainlie8 r¢l81ing lo evgnls or conditions Ihal, individually or col'.eclively, may ¢a$l gignificant doubl on the group or the parent charilabb company's ability lo continue 88 a going concern for a period of al least twelve months from when the financial s18lemenls are aulhori5ed lor i8$U6. Our re$ponsiblli(ies and the re$pon8ibilitles of the trustees with respect to going Concern arè d9s¢ribed n the relevant Beelion5 of Ihls report. Other Informatlon The Iruslees are ￿spOnsIble for the other information. The other information comprises the informaliDn included in the annual report, other than the linaneial slalemenls and our auditor's repprt Ihereon. Our opinion on the finaicial slglemenls does not cover the other '.nlomalion and. excopt lo the &xtenl olherwi6e explicitly slated in our roport. we do not express any f￿￿ of assurance conclusion Ihereon. 13

Independènt audltor's report to the members of Weldmar Hosplcecare Llmltgd Our responsibility is to read the other infomialion and, in doing so, consider whelhei the other Infor￿.atIOn is materially incoisislènl with the financial statements or our knO￿edge obtained in tho Coarse of the audit or otnerwise appears to be mat8PiAlly misstated. If we id8nlify such material incon5i51encies or aopar8nl material misstalemen:8. we are ￿qUired to deiemiino whether this gives rise lo a malerial mlsstalemen,, in the fsnanc'.al slalements themselves. 11, basad on the work w& have performed, we con¢ludg that there 18 8 matenal misstatement of this other infornation,. we are requirad lo report that f8Ct. We have nothing lo report in this regard. Other mattgrs prescrlbod by thg Companies Att 2006 In our opinion, ba8ed on thè wod¢ undert8k8n in the course of the audit.. the information given in the Trusl88s' Annual Report which includ6s th6 Dir8Ctors' Roport and the Slr8legic Report lor the financial year lor wfr.i¢h the financial slalemeils are prepared is conBisl8nl with the finan¢i81 slalement8'. and the Trusl*s' Annual Report which includes the Directors, Report and the strateg￿ Report has been prepared in accordance with applicable legal requiromenls. Matter# on whlch wè are requlred to rèport by •xceptlon In the light of the knowledge and undefstanding ol th& group and th6 paranl char,'lablè company and their environmènt obtained in the eour8e of the audit, we have not identifi8d ma18ri81 misslalemen15 in the Trustees. Annual Rfyport. We have nothing lo report in re8pecl of the lollowng matters where the Companies A¢1 2006 requlre us lo report to you Jl, in our opinion.. odequale a¢¢ounting record$ have not be¢n kept by the porent charilable company, or return8 adgquaie lor our audit have not been received from branches not visitèd by us., Dr the parent charitable company linancial statements are not in agreement with the occounling reeords and returns,. or ¢ertain di$clo$ures oftru8lee8' femuneralion 8pecffied by law are not mada.. or we have not ￿ceiVed all Ihe infomiation and expk4nolions w requira for our audit. Rgsponslbllltles of trustees As explained more fully in the Slalemenf of Trustees. Respon8ibil((ies Set out on page 11, thè Iruslees Iwho ar8 al80 the directors of the parent charilabie corr.pany fof the purp06es ol compaiy 5aw} are responsible for the preparation of the financial statements and for being satisfied that I￿,eY give a tru6 and fair view, a.ld lo.. such internal control as the tnjslees dele,Thine is necessary lo enable the preparation of the financial statements that are free from material misstatement, whether due lo fraud or @rror. In preparing th& financial s181ements, the trustees are responsible for assessing the group and the parent charitable company S abilrty lo continue as a going wncem, disclosing, as applicable, mallers rela'.ed to going concern and Jsing the going concern basis ol accounting ur.lèss the Iruslees either intend lo liquidate the group or Ine parent charitable company or to coase operations, or have no realistic allernalive Dknl to do so. 14

Indgpendent audltorfs report to the members of Weldmar Hosplcecare Limtted Auditor's respDn$lbilltles for the audlt of the flnancial statèments W& have boon appointed as auditors under the Companies Act 20(￿ and report in a￿ordanCe with regulolion$ made under that Act. Our objectives are lo obtain reasonabk assurance about wl%,elAer the group and parent fln8ncial slalemenls as a whole are free from m81erial missla,ement. whether due to fraud or error, and 10 1$5Uè an auditor's report that in-ludes opinion. Reasorbable assurance Is a high level of assurgn¢e, bul is not 8 guararlee that an audit conducted In accordance with ISAS IUKI wlll always detect 8 material mls$lalemenl when rt exists. Misslalem¢nls can arise from fraud or error and are considered material rf, individually or in the aggrega:e, they could r¢a$orbably be eXp￿t&d to influen¢e the ￿onom￿C de¢i8ions of users taken on the bas18 01 Ihe8e financial stalem8nls. Irregularities, includlng fraud, are instances ol non•compliance with law5 and regu'alion5. Wo design procedures in line with our responsibilities, outlined above. lo delecl ma:erial misslalèmenls in respect of irregularities, including fraud. The specific procedures for thls engagement and the exlenl lo which Ihese are capable ol delecling irregularrties, including ffaud 8re detailed below. Idenl;'fylng and assessing risks rekted lo irregularilies.. We assessed the suseeplibilily of the group and parent charitabltr Gompany's financlol $lalem8nts lo material misslalemenl and how fraud might oGcur, including through di5CU85ions with the IrLslee8, di$cus$ions within our audrt team planning meeting, upd?ling our record of intemal cDrTrlrols and ensuring these controls operated as intended. We evaluated possible incentlves and opportunllies for fraudul?nl manipulalvn ol the flnancial slalements. We identified laws and rtsgu181ions that are of 8igrificanGe in the context of the group and parent charitable company by dlscu88'on5 w(th trustees and updating our understanding of th¢ sector in which the group arbd parent charitable Gornpany oporale. Lows and regulations of direct Signrficgnce In the context of the group and parent ch8ri4able company Include rh6 Companie3 Act 2006 8nd guidanc8 issue(I by the Charty Cornmis8lon for Englond and W8108. Furthor Ihg group Is subject lo other Isws and wulallon$ where ltre consequencos of non-complianc8 could have a materi81 effect on amount8 or disclosures in the financial slal&ments. through significant flne, liligolion or reslriclions on the group's ¢)perations. We identified the most slgniflcanl laws and ragulalions lo be those issued by the Care Quality Commission. Audit re5pDn89 lo risks Identified.. We conside., eé th¢ extent ol complian¢e wtth Iheye laws and regulations as part ol our audit procedure8 r)n tho related Ilnancial slalement ¢,ems including a review of financial slalemenl disck)8u*$. We roview&d the parent ¢Yarilable company s records of br&achgs ol laws and r8gulaligns. minutes of meetin95 and correspondence wth re evanl aulhorylies to identrfy polenli81 materfal m15slalemenlg arlsirg. We discussed the parenl charrt8bie company s policies and procedures for compliance with laws and regulations wth membgrs ol management responsible for compliance. During the planning meeting wrth the 3vdit team, the engagement partner d￿W att8ntion lo the key areas which might invotve non-complrdnce with laws and reguLalions or fraud. We enquirgd Df management whether they were aw8re of any instances of non-COTr.plian¢e wrth laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by lesling the apptopriateness of journal entries and idenltying any significant transactions that were unusual or Dblside the nomial course of bu$ine58. We assessed whetyer judgemenls made in makir,g accounliY9 eslinates gave rise lo a possible indi￿110￿. of management bias. Al the completior 5tsge of the audit. the engagement partner's review included ensuring that the team had approachec their work with appropriate pffjfossional sceplicism and thus the capacity to Klenlfy non-compliance with laws and regulations and fraud. 15

Indgp8ndent auditor's report to the membèrs of Weldmar Hosplcgcare Limlted There are inherent limftalions in t.he audit procedus described aDove and the further removed ngn- ¢omplianeè with laws and regJlalior.s is Iroffl the eveits and Jansactions reflected in the financi81 slalemenls, the less likely we would become aware of it. Also, the risk of not dpie¢ling a material misstatement due lo fraud is higher t￿,an the risk of not dete¢tir.g or.e resulting from error, as fraud may involve deliberate concealment by, for example. forgary or intentional misrgpresenlations, or through collusion. A urther description of our responsibilities is available on the Financial Reporting Council's websrte at,. wv4w.fr .tsr .ukl on This description fomis part of our audrtorf8 report. Use of our report This report is made solety lo thg pafenl charitable eompany'8 member8. a8 8 body, in accordance with Chapter 3 of Part 16 of tha Companies Acl 2006. Our audit work has btren undertaken so that we might 8ts1e lo the parent charitable companls members those matters wo are requirèd lo slate lo them in an auditor's r8port and for no olhsr purpose. To the fullest extant pemitted by law, we do not accept or assumè responsibility lo anyone other than ib.8 parent charitable C¢)mpany and the parent charitable ¢mpanv's members 88 8 bodv. for our audit work, for this report, or lor Ihe opinions we have formed. LLr Nicholas Femyhough (Senior Sialutory Auditor) for and on bghalf of Saffery ChaMpn￿9 LLP Chartered Accounlanls Slatulory Auditors Mldland Houye 2 Pool8 Road Bournamoulh BH2 5QY Dale.. 22 September 2021 SÈflery Champness LLP is èligible to ad as an auditor in lams of $eGlSon 1212 of th8 Companies Act 20C 16

Consolldated statement of flnanclal activities (Incorporating consolidated income and expenditure account) for the year ended 31 March 2021 Unrestricted General Designated Restrlcted funds Stiateglc funds funds Total fund8 2021 Total funds 2020 Not Income.. Donations Bnol1&98CI8S Charitable aclivilles Incomè from oth$T trading 8clivilies Investment incomt Other incoming resour¢8s 3.238.528 25,454 1,842.195 296,014 5.183,455 3,534,$42 5,208,909 1,842.195 2,631,864 1,939,720 4.487,298 108,234 417 74,024 36,457 218.715 417 254,575 159,553 Expendlturg on: Raising lund$ Charilablo a¢tivilies to provide pallialivo care 1,193,057 1,964.076 1.682,859 3,762,709 2,875.716 5,726,785 3,596.739 5,485,171 .'<2,OSY,696 70,568 J91,600 p.Ftlvlti08 Net gains!Ilossesl in inve51m8nls N*t.Incothellgxp,èndlty.rel . -_Qt}i8r,.r,l¢(Ignl8q'(1-giln¥i Gains on rev£lualion of fixed gssgls 402,585 , 2,460,280 . 133.805 1,179,553 a.,311,810 1742.6861 {361,1b:81,: -Z17,1@7 545,660 Funds al 31 March 2020 10.107.432 12,609,tt7fv. . 2.926.364 1.027.850 -.I,g3t243.- 14.061.6L6 14,412,812 1.4,061,8_46". All af the group's activrties are classed as continuing. Movgments on reservtsg an¢ dl recognlsed gains and losses are Shown above. The notes on pages 20 10 39 fom part ol these fin?ncial slalernenls. 17

Balance Sheets as at 31 March 2021 The Group 2020 The Charlty 2021 Notes 2021 2020 Fixed assets Tangible assets Intangible assets Investments 13 14 15 6,087,936 1.481 9,060.316 5.449,648 6,006 6.423,808 6.087,936 1,481 9 060.316 1&,fj_49,73_2_.- 5,449,648 6,006 6,423,608 _.1.87.262:- Currènt assèts SlocM8 Oeblors Cash al bank and in hand 20,632 1,745.238 1,699,566 25.732 1,747,683 908,645 5,2S8 1,693,576 1,695,329 .3,194.161- 6.068 1,747,503 890,123 16 ¥blllito¥.:"::: Crodiiors.. Amour.15 falling due within one year 17 626,033 499,676 8￿,776 637,207 2,717,3.8¥.- ",I..tAoY,i*.-." . 2,0gi481i 1.3,88&--74è.:, Funds Unrestricted funds.. General fund Capital fund RevalJ81ion reserve De8ignaled slralegie fund Re81ricled fund8 Tr80ing subsidiary funds 18 5,940,399 3,687.441 2.899.223 4.147,844 1.232,213 3,985,980 3,591,991 2,353,564 2.928.364 1.027.850 175,897 5,940,399 3.687,441 2.899.223 4,147.844 1,232,213 3,985,980 3,591,991 2,353,564 2,926,364 1,027.850 The financi81 slalement8 were approved by th• TnJslè8s on 18 September 2021 Signed on Ih9ir behav r Sl hen Baynard Compa ,on No. 2520727 (England and Wales) 18

Weldmar Hospicecare Consolidated cash flow statement for the year ended 31 March 2021 Notes 2021 2020 Cash flows from Opèrating actlvftles,. Nel cash provided byllused inl operating activities 24 2.004,183 1857,8471 Cash flows from Invegtlng actlvlties: Divid&nds, interest and rents Iroy investmentg Proceods from the sale of property, planl and equipment Purch850 of property, plant and equipment Proceeds from sale of inveslmenls Purcha8e of investments Net cash providgd by Investing actlvltl85 218.715 417 254,575 875,653 {102,4861 1,378,299 2.708,207 1294,8401 e86,576 1454,833 Changg In ¢ash and cash oqulvalents In tha year Cash and cash equivalents al 31 March 2020 Cash and cash equivalènts at 31 March 2021 790,921 908 645 1790,515 1.699,160 64 19

Wèldmar Hospicecare Notes fomiing part of the consolidated financial statements For the year ended 31 March 2021 1. Accountlng Pollcles The prfncipal accounting policies 8dopled, judgements and key sources of estim8tion uncertainly in the preparation of th8 financial statements are as follows.. 8a8is of proparatlon The flnancial slal&monts have been prepared .'n accordance with Accounting and Reporting by Charrties". Slalemenl of Recommended Pracli"e aoplicable lo charil*s preparing their accoun',5 in &ccord8n¢e with Ihg Financial Reporting Stand8rd applicable in the UK and Republic of Ireland IFRS 102118ffe¢live 1 January 20151- (Charilias SORP IFRS 10211, the Financial Reporting Standard applicabl8 in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006. The Chsrily rneels the dellni(ion ol a public benefit entty under FRS 102. A88els and liabili1185 are in':liÈlly recognised al historical c05t or transaction value unless olherwse slated in the relevant accounting policy nolelsl. Lègal status of the Charlty The Char'ly is cDntroll8d by ils Trustees acting in concert. The Company is limited by guarantee and as such does not have a share capilal. The members undertaké lo contribute an amoun: not excaading £1 in the event of a winding up. Golng concern The Tru51ee¥ ¢on$ider th81 Ih&re are no material uncertainties about the Charity'8 abllily lo continue 88 a going con¢orn, In forming their opip.ion the Truslees reviewed lhe lorecasl perfomance of the Chaiily prepared by management for the f0￿6eeab.e lulur8. In doing thi8 they have considered th. potential impacts of reawnably possible scenarios including the impact ol reductions in lundrai8ing and retail income and increa$8s in costs caused by the Pandemic and the uncertalnty sround thè liming ol cashflows on legacy income. Th8 Trustees have concluded thai the Charity has resilienc6 in 81Squid resourcèg lo managè the impaci ol these risks and uncertaintie8. Group flnanclal 8tat•rn•nts The consoliaaled resutt8 includes those of quasi - subsidiarig$, on a line by line basis, where the Charity directs the financial and oper8lir.g polrcies of the quasi SLJbsidiary with a vlw lo galning economic benefit from it. A separate Slalemenl of Financial Aclivilies and Income and Expenditur8 Account for the charity has not been presented because the Ch8rlty has taken advantage ol the exemption afforded by secknon 408 01 the Cornpanies Act 2006. 20

Weldmar Hospicecare Notes forming part of the consolldated financlal statements For the year ended 31 March 2021 Princlpal accounting pollcles Icontlnuedl Funds accourrtlng Funds held by the Charity are.. ￿n￿SINGted g6n&ral funds- these are funds which can be used in accordance with the charitable obje¢ls at the discretion of the Trustees. R&slrffcled funds- lrye¥e are funds that can only be used for particular reslricled purposes willin the objects of the Charrty. Roslriclione arise when specified Dy the donor or wnen fund5 are raised lor particular roslrie.ed purposes. Dgsigiia18d funds- thgse are funds Set aside by the Trusleos out of unreslricled general funds for specific future purposes OT proje¢i$. Further explanation of the nature and purpose of each lund is inelud8d in the nolgs :o the accounts. The cost of r8i81ng and admini8lering such funds are charged again$1 the specific fund. Investment In¢oMe, galns and losses are allocated lo the approprfale fund. Income In¢om8 is rg¢ognise¢J when the Chartty has enlklemenl to the funcJ8, any perfomiance condillons attached lo the ilernls) of income have been mel. it is probable that the Income will b8 recelvad and the amount can be measured reliably. Where income hos related expendrture (as wrth fundraising or Goilract income), th8 incomfy and re181ed expenditure are rgported gr05s in the Sialemenl of Financial Activities. Donations, grants and glts ere reeogiised wfien receivable. In the event that 8 donation is subject lo fulfilling pèrformance conditions before the Charity is enlilled to the fJnds, the incomg is deferred and not r8cogn18ed untll it ig probable that those wndilions will bo fulfilled in thè reporting period. Income from Gift Aid 19x reclaims 1$ recogni¥ed as income for the year'or any donati)n8 with relev8nl Gift Aid certlllGalès. Any amounts of Grft Aid not r¢¢eived by the year end are account￿ for in inGome and ae¢rued incornfj in debtors. Income from NHS conlrac'LS, government and other grants, whelher'cgpltal, grants or'revenue, grants. 8re recognised when the Charly has entillemenl lo the funds. any perfomance conditions altgched lo the grants have been mel, it is probable that the incomo wll be re¢eiv8d and the amount can be measured rg1i8bly and is not deferred. The NHSE awarcied funding lo allow the hospice lo moke available bed capacity and community support from April 2020 to July 2020 to provido support lo people with conplex need$ in the context of the Covid-19 situation and lo provide bed capacrfy and wnmunity support from November 2020 10 March 2021 for the same purpose. For legacies, erlillement is taken on a case by case basis as the ¢arf￿r of the dale on which.. the Ch8rily is aw&re that probate has been granted. the eslale has been fjnalised and nolilicalion has boèn made by the execulorlsl lo tho Charity that 8 disiribulion will be m8de, or wb.en o distribution 18 received from the estate. Receipt ol o legacy. in whole or in part, is only considered probable wh8n the amount can be measured relAbly and the Charity has been nolrfied of the pxecutor's intention lo make a distribution. If the legacy is in the form o18n a¥sel other than cash or an a55et li51ed on recognised stock exchange. recognition is subject lo tb,e value of the asset being able to be reliably measured and title lo the a55el has passed to the Cb.arily. Where *acies have been notified lo the Charity or the Cherty is aware of the granting of probate. and Ihe Grtigria for incoTr.e recognilior, have 21

Weldmar HospiceGare Notes forming part of the consolidated flnancial statements For the year ended 31 March 2021 Prlnclpal accounting polle1￿ {continuedl Incom& Icontinued} not been mel, thon the legacy is a Irealed as a contingent asset and di8closed if material {8ee nolo 161. Income received in advance for a future fundraising event or for a grant received relating lo the following yèar are dafarred until the cril8ri8 for income recognition a￿ m81. Inlerèsl on deposit funés hekl is included when receNable and the amount can be measured reliably by the Charrty wb.lch is normally upon noirficalion of the intere51 paid or payabl& by the bank. Oiviéend5 aré recognised once the dividend has been declared and nOIrf￿alI0n has Deen recoived of the dividend du8. This 1$ normally upon nol'.licaliop. by our i4ve5tw.enl monaggr of the dividènd yield ol the investment porfolio, Income tax recoverable in relation lo investment incom8 is rècoonised al th¢ lime the Investment income is rèc8ivabl8. Sponsorship from &vènl$, fundraising and èvanls registrali¢n fe9$ are recognisèd as income when r8cfjived to the gxlenl that the Charity is enlilled lo lh8 income and any performance conditions have boen mel. 1r.come receivod for major ¢hallgnge evenl8 are accounted lor in the period in which they tske plac8. Lott8ry incom& is accounted for In respacl of those draws that have takèn place in the year. Tfading income is recognised on point of 8ale for both donol¢d ond purchased g¢)ods. Donated goods and servlcos Donated 88rvices or facilitie$ are rtscognised whan the Charity has control over the ttem, any conditions a88ociaied with the donaled item have been mei, the re¢eiDI of e¢onomic benefit fr(xm the use of the ilom is probable and that economic benefrt can be measured reliably. Donated professional services and lÈcil111è5 are included in income al the estimated valu8 of th.e gift lo lo tho Charity when weived, b88¢d tsn the amount that the Charity would have b8en prepared lo pay for these 8ervice5 or facili11gs had il b89n r8quirod lo purchase them. with a GorrgspDnding entry in the approprlale expenditure heading for the same amount. Donalea fixed assets are similarfy taken lo income al the value lo the Charily wrth the obhar entry being capilalised In flxèd assets. Expèndlture and Irrecovérablè VAT Expenditure Is recogni5ed onc& there is a legal or con81ruclive obligation lo make a payment lo a third party. il is probable that 5eltle.ment will b8 required and ltte amount of Ihg obiigalion can be mea6ured reliably. All expendfcure is accounted tor on an accruals basis under the followng headings.. Costs of raising funds corr,prisès fundraising costs incurred in seeking donations, gran16 and légacies., inveslme.ll managemenl'.ees', costs of fundraising aclivrties include the Costs ol good$ $old, shop costs, commercial trading and their associated 5UPPOrt costs. Fur.draising costs do not include tho costs of disseminating inlormalK)n of svpport ol the charitable activfties. Expenditure on charitable activities includes the costs of prowd ng specialist pallialivg and support, co,Tmunfty services and educational activit￿$ undertaken lo further the purposes of the Charity ar.d their a6socialed support costs. Governanc@ Costs are associated thè governance arrangemènts of the Charity and relate lo the general running of the Charity. These costs include aud',1, legal advice for Trustees and the costs asgocialed with meeting cons:i(u'.ional and $18lulory reqUIre￿,entS such as the cost of Trustèe me&'.ings and the preparation of slatulory accounts. Governance wsls also include costs associated with the strategic managomenl of the Chanty- 22

Weldmar H03plcecare Notes fomiing part of the consolidated financial statements For the year ended 31 March 2021 Princlpal accounting pollcles Icontlnuedl Expenditure and Irrècoverable VAT Icontlnued) Support costs are those costs which enable fund gererating and charitable activities 40 bg undertaken, These costs include f;.nance. human resour¢g$, information systems. communication, propsrty management and legal costs. Where expendf¢ure inCu￿ed relates to more.han one cost caleg¢ry it is appDrtDned on the basis of 3taff numbers. IrreGover8ble VAT $5 charged as a cost 89ainsl the actwity for whi¢h the expenditure was incurred. Voluntèers The value of the services provided by volunteers Is not Inc0￿rated into these financlal Slalaments. Further detail$ of their contribution is provided in note 12 to those financial Ststements and in the Trustees Report. 1.10 Flxed A¥¥ets Tangible fixed assets lolher than freehold landl ¢osting £500 or more are eaprta ised al cost and are dap￿cIated ov8r their eslim8led useful economic lives on a straight line basis a8 follow$', Annual Rate over 50 years over the shorter of the lrfe of the lea88 or SO year8 15PA 5traighl line 200h_33'h straight ling 25% straight line Asset Category Fre¢hold property Leasehold property Flxlures. fittings & equlpmenl Officg equipment Motor v8hiGles No depreciallon is provided on freehold land. Impairnenl re￿8￿ ar& Carried out on 8 perlodic bas19. If 8n a88el is found lo have a Car￿n9 v81ue malorially higher Ihan 118 recovgrnblè amounl1119 written dowr accordingly. Costs assoclaled wilh +he setb.ng up of new $hops or major refurbishment of existing shops arg expensed in the year that they 0￿￿r. 1.11 Revaluatlon of tanglble flAed a859ts The Cherity has adopted the revaluation model to Tevalue ilems of freehokl property whose fair valuè can be measureo reliably. The revalualions are formally carried out every five yearg with p&ritsdic informal revi&ws lo ensure that the carrying amount ooes not drffer materially from that which would be delemiined using fair value at Ihe eid of th6 r8port,,ng period. The fair value of Isnd ard buildings is detenmined from marf(el-based evldence by apprai501 that is undgrtaken by professionally qualrfied valuers. Revaluation gains gnd losses are recognised in the Slalemenl of Financi81 Artivilies and added lo re8erve5 in a separale Revaluation Teserve. The Charity owns two mixed use freehold propertie¥. property held lor operational use as charity shops and property held lo earn renials and for capital appreciation. These propertigs have been split on a square foot basis and separ8ted between investment property 8pd property held for Dperalional use as a tangible fixed asset. 23

Weldmar Hosplcecare Notes fomilng part of the consolldated financial statements For the year ended 31 March 2021 PrinGlpal a¢countlng pollcies Icontlnuedl 1.12 Intangible assets In accordance with FRS102 compbler Software costing £500 or more is classed as an intangible asset, capilalised at cost and is depreciated over ils estimated economic life on a slr2ighl line basis al 1.13 Inve$tment$ Investmanls held are eithèr a fom of b88ic financial in8trumenl or ar& investment properties, The lonrer ar& ini118lly rècognised al'.hèir transaction vaSbe and subsequently measured al heir fair value as al the balance sheet ttale using tie closing quoted market price. The Slalement ol Financi81 Activilis includes the nel gains and losses arising on revaluation and di8P05als throughout tha year. All gains and losses arg taken lo the Stalemenl of Financial Activities as Ihey arise. Rè8lised gains and losses on financial Investments a.'e calculated as the difference befvjeen sales procoeds and their opening carrying value or their purchase value if 8cquired subsequent lo the lirsl day of the financi81 year. Unraalised gains and 105s8s are calculated 8S the diff8rence ba￿een the fair value al the year end and Ihwr carrying value. Reali8ed and unreali88d investment gains and losses are combined in the Statement of Financial Activities. The main form ol linanckal risk faced by the Charily is that of volatility in equity mathals and Investment markets due lo wlder eeonomic conditions, the attitude of investors lo Inve51menl risk, and changes in 8enlimenl conGeming equitie$ 8nd wrthin particular geclors or sub sector8. 1.14 Stock Sioek of retail goods 1$ valued at the lower of c061 and nel realisabl8 value. Donated items ol sloek for resale or distribution are ntsl ineiuded In the financial slalemenls until they are sold or dislribuled. The Truslaa8 coisider il Impractic81 lo be able lo a$se$s I￿.e amount ol donated stocks a8 ther& are no systems in pia¢e which re¢ord these items until they are sold. Undertaking a stock take would incur undue cost which ouiweigh8 the bgnefts. 1.15 Debto(8 Trade and other debtors org recogni$8d 81 the saltlemenl ¥nounl due after any trade dL8counl offered. Prepaymen18 are v8lued al the amount prepaid nel of any Irode discounls due Accrued income and lax recovgrable is intludad al the best estimate of the amounts receivable al the balance sheol dale. 1,16 Cash at bank and In hand Cash at bank end ca¥h in hand includes eash and short lemi h¥Jhly liquié investments with a short maturity ol three months or less from the date of a¢quisrtion or opening ol the deposit or similar ac¢ounL 1.17 Creditors Creditors are recogni8ed where the Charity has a present obligation resulting from a past event Ihel will probably resurt ir. the Iransler of funds lo a third party and the amoun: due lo settle the obligation can be measured or esb"mated reliably. Credrtors a￿ normally T￿ognIsed at their selllernenl amount after allowng for any trade discounts due. 24

Weldmar Hospice¢are Notes forming part of the consolidated financlal statements For the year ended 31 Mar¢h 2021 Prlnclpal accountlng pollcles Icontlnuedl 1.18 Flnanclal Instruments The Charity only has financial 888ets and financial liabilities of a kind that qualify as ba$ic fipgnclal instruments. Basic ftnancial inslrb'menls are Initially recognised 81 Iiansaclion value and subsequently measured al their selllemenl va'ue. 1.19 Penslons The Charity operates a defined contribution pension Kheme and the pensKJn charge represents th8 amoun18 payable by the Charity lo the fund in respect of the year. The Gharily also operate8 a d@f1ned b8nelit¥ pènsion 8chem8. The 8chgme 13 a mulll-employer scheme where rt 13 not possible, in the norrra, cour56 of even:s. lo id8nlity on a consi51enl and rgssonable basis, the share ol undÈdying assets and liabiiilies belonging lo Individua1 partlClP81ing employers. Therefore, as required by FRS102 ehapler 28 'Ret remenl benefits,, th& charity accounts for Ihls sc,Yeme a5 If li was a defined conlTibul:'on scheme. The 8mounl chargod lo t*¢ Slalernenl ol Flnanclal Activity represent$ eonlribulions payable lo the y¢heme in respect ol th9 accounling period. Further details on conlribulion$ are provKled in note 22 lo these financial Ytalements. 1.20 Opgr4tlng 1oa8e¥ Rentals applic8ble lo operating leases 8re charged to the SOFA over the perltrj in which the Gosl Is incurred 1.21 Taxallon The Company 1$ ¢onsidered lo pas8 the lesls set out in Paragraph 1 Schedulg 6 of the Finance Act 2010 and therefore il meets the def,.nilion of 8 charitable Company for UK corporation tax purposes. Accordlngly, the Company is po:enlially exempl from taxalion in respect Df income or capital gains re¢eived within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Se¢tlon 256 of the Taxation of Chargeable Gain$ Act 1992. to the extent that Such income or galn8 are applled exclusively lo charitable purposes. 2. Donatlong and legaclos Unrestrlctod Funds General Ooslgnatod Reslrlctgd Funds Group Total 2020 Donalions and gff(s Friends donation$ Legacies 1,035,4 43,469 2.159.563 221,014 1.256,510 43,469 2,234,583 689,33D 47,932 1,894,602 75,000 In 2020, of the lolal Sncome from donations and lega¢ie8, £2.394,981 was lo unreslncted funds 8nd £236,883 to restricted fund8. 25

Weldmar Hospl¢e¢are Notes forming part of the consolidated financial statements For the year ended 31 March 2021 3. Income from charltable activiti88 Unrestricted Funds Gènoral Do$lgnated Rastrlcted Fund8 Group Total 2020 CCG service contrad and othér contracts Gov6rnmenl Grants Macmillan & othér grants Education & course5 Catering receipts 18.684 1,828,378 1,645,062 1,903.069 3,3S7.077 3,357.077 1,301 17,078 18,272 -1,9J9.720 3,670 3,100 3,670 3,100 In 2020, Df the lolal income from chaniable activities. £60,038 was lo unreslricled funds and £1,879,882 to resincled funds. 4. Income from other tradlng actlvhl Unreslrlctèd Funds General De8ignat8d Rostrlctod Funds Group Total 2020 Fundraising income Lott&ry Charity shops Sale of oods 248.852 200.852 1.339.071 53,620 248.852 572,348 200.652 178,732 1.339.071 3,624,991 53.620 111.227 In 2020, of the total in¢ome Irc4n olher trading activities, £4,487,298 was lo unrestr￿ed funds and £NIL lo reslrrtèd lu.Yds. 6. N8l Income from tradlng actlviues of subsldlaries Relevant financial information regarding Weldmar Hospicecare Trading Limited and Weldmar Hospicecare Enl&rpri6es Limited is as follows.. 2021 2020 Turnover Cost of sales Gross profft Adminislralive ex ense8 Net profit befor8 taXa￿On 100,469 21,741 252.748 42 231 210.517 71,112 139A05 33,204 45,524 26

Weldmar Hospicecare Notes formlng part of the consolidated financial statements For the year ended 31 March 2021 5. Net Income from tradlng actfvitles of subsldlarles continugd The trading acliviliès of the subsidiaries include the sale of goods. corporate sponsorship, and agency commission from the Sa￿ of gift aided goods through Ihe shops. Incom8 from the sale of don*ed goods is deall with through the Charity's accounts. A quasi - sub8idi8ry relationship exists btheen the Charity and Weldrnar Hospicec8re Trading Limited and Weldmar Hospicecare Enterprises Limrf(ed. Although they do not lulfil the definition of 8 subsioiary, thay 8re dirocl'.y controlled by the Charity and Ih:'s relalionghip giv&s rise lo benaflls '.or the Charity that arts in substsnce no drffwenl from those that would arise rf thèy wer& a sub9￿18ry. 6. Invèstrnenl Inoom8 and interest Unrestrlctèd FLbnds General Deslgnatsd Re$trlcted Funds Group Total 2020 Deposit interest Dlvidends & Ireasury stock Proporty rtrnlal 1.907 4e.336 59,991 1,907 156,817 59,991 ..21¢.71t.i.. 5,156 172,603 76,616 74,024 36,457 In 2020, 01 the total income from Investhents. £132,868 was lo unreslridod funds, £85,250 was lo de51gnated funds and £36,457 to reslrlcled fundB. Amounts included under Property rental wero all receivable in the currenl year under operating leases of greater than year's duration. 7, Net Income from operntlonal activltl This is 81oted af19r ch•rgingl IcredAin9}'. Group 2021 2020 Depreclalion of langible a5$els Amortisalion ol intangible assets (Profilllloss on ¢tsposal of fixed assets Opèrating lease ￿nts1$ re other Auditor's r¢muner81ion 240.646 236,609 4,525 13,112 14171 1159.9531 434.935 495,455 13,750 13.600 27

Weldmar Hosplcecare Notes formlng part of the consolidated financial ststements For the year ended 31 March 2021 8. Analysls of total resources expendod Group Total Staff Costs Dlrnct Costs Support Costs 2020 Cost ol generating funds: Costs of gen8r81ing voluntary incomg 171,287 137.128 107,784 416,199 516,S26 0818 of lun'draI5ing.aclivSlleS.. . osi$ of"running ¢harity shop_tr.- i&.o_f funcfiai8ih "trad 139,370 403,9S5¥ 1-577,25Q 1 409,921:_ 777.238.... 95F*...849 976.. . Costs ol mana Total cost of inve81ments en•r8tln fund8 46.571 1678 245 1033 67$ 46.571 287571S 3596 740 163 796 Dlr8Ct Charltablo Exp•ndlturo: Inpailenl unil Community nurslng 8efwce Day Care SeNICOS Eduealion de artmenl Actlvltl98 to provlde palllatlve carè 2.227,227 1.122,853 398,815 164.580 21,538 11,754 20 197,890 1,682,140 992,068 413.499 235,763 3,383,875 3,227,331 1,557,888 1,482,154 646,332 804,116 138,69Q 171 589 6,726,786 5,486.170 3.846.755 The actlvltles underlylng the actlvltles above, under each h8adlng arn: Costs of g8neraling voluriary income~ pro.moting th& awaren￿ of th8 Charily and It9 work lo ¢￿al& the Income flow needed to 8UPPOrt our activilles. Fundrai8"'ng acllMlies- organising evgnts, runnlng charty shcp8 and inv8sting in products lo ¢realo the income flow needed lo support our activfties. Mgnaging invèslmenls- brokers, f998 for managing the investment portfolio end ¢osl$ a$8ociated with maintaining 2 investment freehold propertie8. Inpalienl unrt - providing a 14 bed inpalienl hospice al Joseph Weld House, Dorchesler. Community nursing seNi¢&- providing a spe¢ialist palliative care nursing seNice for adults in North, South & Wesl Dorset Day Cara $8rvice5- prowding 80 swk91 respi18 care place8 a week at Joseph Weld Hous Dorchesl&r, Trimar Hospice Weymouth, Bridport Communrty Hospit81, 8L4naford Community Hospital and Westminster Memorial Hospital Shaftesbury. Education- providing educalion in speualist palliative care lo our own staff and for gerteralisls throughout the health economy. 28

Weldmar Hospicecare Notes fomiing part of the consolidated financial statements For the year ended 31 March 2021 9. Analysls of support Gosts Totsl 2021 2020 Managemenl 696,642 273,912 150,978 32,352 86,271 27,375 1,267,528 1,188,604 admini$lr8lion Establishment ¢osls Leg81 and prof&58ional Govemanee costs 280,703 133,798 81.597 7,775 19,689 28,637 552,199 533,104 1.427 561 309 177 2.540 27,171 13,296 5,228 2,881 617 1,647 23.669 18,670 1.,846,YS¢.:;. 1.',7¢5,849 i Managernent 8nd 8dmlnislralion costs are Ihg support costs whlch ènable fundraising and chariiabl work lo be carried out. Eslablishmenl costs are the c081$ which enable the building8 from whlch the Charity operates lo lun¢lion effecllvely. Support w$18 are 811ocat¢d on Ihe ba8iB of staff numbers. Included in management and adrnlnislration expenses are staff costs of £859.161 12020.. £744.749} Governance & professional support lor Trustee$ repr88ent the costs of complwn9 wf(h statutory requirements, slralegic plannlng and pravidlng legal and olh8r support 1¢ Trustees. 10. Indemnlty Insurance rhe Charlly does pay insur8nce premiums lo indemnlty Trustees and senior staff from 8ny1088 arising from the neglect or defau118 of directors or 81aff and any conseqvenl Ioss. Tlege costs amounted lo £1,411 12020. £1.1761. 11. Staff Gosts & gmoluments Group 2021 2020 Wages & salaries Social security costs Ponsion costs 5,430.882 449,301 503,978 5.390,396 452,477 510,722 29

Weldmar Hospicecare Notes formlng part of the consolidated financial statements For the year ended 31 March 2021 11. Stafl costs & emolumènts continued Thè average numbar of Staff employed by ltte Group during the year was as follows.. Group 2021 Number 2020 Numbèr Inpatient unlt Commanily nursing servi Day cAre sèrvices Education Management and adminislralion of the charty Fundrai8'.ng Charit sho 65 2S 14 68 29 14 21 20 14 89 81 Emoluments of employe95 earning ovar £80,000 per annum, excluding pansion conlribulions, fall within the following ."anges'. Group 2021 Numbèr 2020 Number £80,001 £70,000 £70,001 £80,000 £80,000. £90,000 £90,001 £100,000 £110,000 - £120,000 £120,000 - £130,000 £140,001- £150,000 Contributions of £22,291 12020.. £21,564) were made lo Ihe NHS Pension Scheme, a d&h'ned benefit $eheme lor 2 hlgher paid employees12020.' 21. Contributions arr¢unting to £43,65312020.' £41,2351 were made lo a defined conlribulion scheme lor 1 higher paEd 8mployoes12020.. 11. The Charfty eonsiders that the key management personnel comprise the Trustees and the senlor m8n8geTenl team, w.lo are the Chief Executive and S other key direetors. The lolal employee benefi18 ol Ihe key management personnel ol the Charity were £555,67912020.' £488,974), 12. Trustogs, remunèr#￿on and expenses Th6 Truste85 reee.ved no remuneration in either year. The Trusleos received reimbursernenl of travel CO818 for attending meetings totalling £Nil12020- £Nill. During the year Tnjsleeg waived expen8e8 of £Nil12020.' £1,114). 30

Weldmar Ho$pl¢e¢are Notes forming part of the consolldated financial statements For the year ended 31 March 2021 13. Flxed assets Group & Charity Flxtur68, Frtrohold Leasehold Motor Fittings & Offlcè Property Propgrty Vehlcles equipment Equipmfynt Totsl C05t or valuatlon Al 1 April 2020 Addillons Disposals Revalu8llon8 4,174,343 1,052.380 170,700 1.278,841 27,000 24,025 11,8001 246,432 51,461 6,922,67S 102,48S 11,8001 418,413 573,413 1155.0001 Deproclatlon At 1 April 2020 Charge for the y88r On oisp08als Reval'Jalions 197,458 55,342 84,188 162,034 21,047 12,674 840,063 189,285 56,433 1,473,028 240,646 11,6001 1358.0351 053,839 (1,8001 252,SOCI 1105.2351 1.35..Mqr¢h..202r Net Book Val(t& Al 3.1 March 2.021-. 397,3&&-.::¥11.792F :. -" 3 97W•fy6_.. The Ireehold and leasehold properties at Jo$eph Weld Hou¥e, Trimar House, Hammi¢k Hous8, Weymouth and Lyme Regi8 were valued in March 2021 by an independent fimi of Dorchgsler ¢harter8d surveyors, Symonds & Sampson. Jo88ph Weld House wa5 valued on a deprgciated replacemgnt Wsl basis, duo10 its specialised nature 88 a purpose bulm hospice lacilrty The other properties were Valu￿ on an open market b8SI5. Weyrnoulh and Lyme Regis are mixed use properties., the operat￿nal elemenlls shown a8 a tangible flxgd asset, tho remaining element 1$ sht)wn as an investment property in Nole 15. Historical co81 inlormallon al 31 March 2021 Historlcal Net Book Value Cost Dopr8clatlon Freehold Property Leasahold Property 4.946,921 883,821 2,623,078 315,169 2,323.843 568.652 31

Weldmar Hospl¢e¢are Notss forming part of the consolidated flnanclal statements For the year ended 31 March 2021 14. Intanglble Assets Group & Charity Computèr Softwar8 Total Cost or valuatSon At l April 2020 Additions Disposa15 126,675 - *26,6.7ts_.- Doprèciatlon Al 1 April 2020 Charge for the year On dls osals 120,669 4,525 th.25,194-. Net 8ook Value IAt $1 M4roh 2021 . .Jt 31 March 2¢2&. 16, Invo8tm•nts Group & Charlty Freehold Investment Propertios Charitles Property Fund Llstéd Securltles 2021 Total 2020 Total Market value at 1 April 2020 Additio.18 al cost Disposals al carrying value Unrealised Ilossllprofil on revaluation n3.300 5.149.778 1,365.962 {1.242.1281 2.748.041 550,530 6,423,608 1,385.962 11,242,1281 2,512,874 e,398,673 1,454,178 1714,5651 1714,6781 1226,053} 19,1141 Hlstorical cost at 31 March 2021 251.275 6,567.575 500,000 6,007,254 5,485,224 32

Weldmar Hospl¢e¢are Notes forniing part of the consolidated financial ststements For the year ended 31 March 2021 16, Dfrbtors The Group 2021 Th? Charfty 2021 2020 2020 Trade debtors Other deb'.ors Prepayments Arxru8d income 248,701 108.423 206.253 1,181,861 238.320 120,621 215,684 1.173.058 197,039 108,423 206.253 1.181.861 238,140 120,621 215,684 1,173,058 The Charity h8$ been notified of kgacies with an eslimaled value of £808,03412020.. £1,046,866) whioh nave nol been recognised as income al 31 March 2021 because no nolrfic8lion of impending distribution or 8pproval of eslale aGGounls has been received. 17. Crfrdltors: Amounts falllng due wlthln one year The Group 2021 The Charlty 2021 2020 2020 Trade creditors Amounts due to subsidiary undertaklng Other creditors Taxation & 80¢i81 security Accruals 217.888 80,460 178,521 52,34D 180.891 181.042 43,982 71,221 164,123 169,032 195,585 37,24e '.837',g.oT..: 180.891 183,272 43,982 169,032 212,938 37,246 33

Weldmar Hospi¢ecare Notes forming part of the consolidated financial statements For the year ended 31 March 2021 18. Funds At 1 April 2020 Incoming Outgolng GainsllLossesl Transfers on Inv&$tments & Property At 31 March 2021 Restrlctad fund$ Cancercare Dorsel Equipment fund- sp&eific assets NHS funding D6partmenl ol Health Grant M8cmillan Grant NHSE Gran18 857,333 36.457 (52.600) 133,805 11,399 986,394 137.718 137,718 1,826.378 11.826,3781 6,061 16,C611 5,338 15,3381 2,032,896 {2,032,89SI Government Grant$ Other restricte funds 1,324,181 {1.324,1811 22,400 296.014 1209,3131 109,101 Unr8strlGt6d funds General fund Capital lun¢J Des@naled Strategic fund Trading subsidiaries, funds 3,985,980 5,945,555 2,926,3&4 5,114,359 12,962,783) 307.136 1504,2931 5,940,399 641 109 6,586,664 643,163 4,147,844 74.024 504,293 175.897 100,489 1194.350) 82,016 IF,-y86;92_31 Description ol fe81ricled lund8'. Cancercare Dorsel Li.milea (which merged with Josaph Weld & Trimar Hospice in November 2004 and su06equenlly became known as Weldmar Hospicecarel look over the ¢pèration tsf the service known as tr￿.e West Dorsèl Macmillan S¢rwce .n February 1998. Ths had been 8 join: appeal operated wfih Macrnillan Cancer Reli81. The net assets of the service were taken over by Cancercare Dor5el for the futu￿ oparalior. of Ihg service. The oporalion of the service and Phe related as5els are Shown as a reslricled fund, by virtue of Ihe lem)s ol the dissolution agreement ol the joint appeal. The Charity continues lo operate this Se￿[¢8 and maintain the reslrieled fund. 21 Equipment fund Ispeerfic a8selsl - These are amounts received from donors lo purchase specific items of equipment needed for the Charitls Work. In 2019120 these Included aemenl a signage for the Inpalier.l Unil, Fall Prevention equ.'pmen:. for the lipalienl Unil, Digital Inclusion equipment a*d 8 Community Vehicle.

Weldmar Hospi¢e¢are Notes formlng part of the consolidated financial statements For the year ended 31 March 2021 18. Funds continued 31 NHS funding- The Charity has a Service Level Agreement with Dor891 CCG. Under the lerrns ol the contract the Chaily has agreed to provide spe¢ialisl palliative care in pat enl and doy pal"'ent facilities lo the lermlnally ill 11 has also con:racted lo provide specialist nurse advice in the ¢ommunrty, bereavemelt support, I'ained volunteer 5UPPOrt and education in palliative care. Dorset CCG has also wnlribuled fund ng towards upgrading the IT link between the Cb.arity and Ihe wider NHS. 41 Department of Health- as part of the Dignlty in Care- Capi(al Gr8nls for Improving Hospice EnviTorymenls Scheme, the Charty was awarded a grant of £256,136 in the year 10 31 March 2014 to SUPDOrt the following capital projact.. R&de5Ign and relbrbishmenl of communal Social spaces within the inpalienl unil at Joseph Weld House, DDrche3ler The work funded by the grant was completed in accordancfj with thè terms Df the grant. 51 Macmillan Grant- the Charity was awarded o gr8nl by Macmillan Cancgr Support in September 2015 lo fund a Clinical Psychobgist lor 42 months. The al￿$ ol +he proje¢l are to scope specialist psycb,olog c81 provision for GanGer and end of life care acr08s the acute 3e¢Lor in Dorsel, lo provid8 psychologul care lor our p8lienls and carers and lo Support. educate and enable our stafl to mprove Ihelr role in supporting patients 8nd their faTllies. The Chgrity was awarded a fJrther grant frt)m Macmillan Caneer Support in July 2017 to fund a Telehealth Pilot Project fo.. 18 months. This gpable$ patients lo regularly record their ¥ymploms from their (win homes using p811i8:ive care outcome clin¢al indicators, whick ¢an be remotely a¢cess8d by clinical staff, as well a3 enabling vid80 consull81ion between palients and clinicians in a timely and effic￿nI mann8r. The Macmillan Grant ¢eased p8ymenl in March 2019. 61 Other re51ricled funds - relates +0 other donations or legacies over £250 whlch have been received lo fund a Darticular part ol.he Chorily 8 work. In 2017118 w& were fortunate lo receive legacies and donat￿n$ for musical instruments and art therapy, loft insulabon, wndow repairs and new television sets al Joseph Weld Hosp￿0, and towards the work of the Inpatiant Unll. 71 The NHSE awarded funding to alk)w the hospice lo make avai18bk bod Capacity ond commdntty 8UPPOrt from April 2020 to July 2020 to provide support lo people Wrth ¢omplex negds In the context of the Covid-19 $(iualion ond lo provide bed capacity and community support from November 2020 to Morch 2021 for the same Purpose. This w8$ non repayablfj funding. The Government Grarts iiclude POyTnenls from the local 8ulhority due lo non essgnllal 'v.ail being closed al oifferenl limes during the year due lo the Covio-19 pandemic and furbugh grants from HMRC where staff were unable lo WO￿ due lo the Cowd-19 pandemic. These were non repayabÉ granls. 8} DescdpliDn of unreslricled funds.. Gener81 fund - This fund ￿presentS the accumulated su￿lUS from the adminislralion af the Ch8rily. Capital fund This fund represents Ihe I￿1￿len dowi value of unreslricled langlblg fixed assets used for the Charty's charitable purposes and is not availabl& lo fund lulure expenclilure. The revaluation reseTve is included within this fund (See Note 19 for Split of tangible fixed 8sse18.1 Designated slialegic fund- This fund wresenls amounts allO￿ted in order lo implement the Strategic Plan as oullir.ed in the Trustees, Report. 35 91 101

Weldmar Hospicecare Notes fomilng part of the consolidated financial statements For the year ended 31 March 2021 121 Trading subsidiaries- Th'.s fund r&presen:s the accumulated surpluses from the acliviliés of Weldmar Hospicecare Trading Limited and Weldmar Hospicecare Enterprises Ltd. Transfers have been made belween the unr8strieled fund balanees lo designate the amounts needed lo implement the Strategy and lo maintain the Capital Fund. At l Aprll 2019 Incoming Outgolnp Gain61lLossesl Transfers on Investments & Property At 31 March 2020 Restrlcted funds CancerC8re Dorsel Equipment fund~ specific as$elS NHS funding DèDartmenl o, Hèalth Grant M8c.millan Grant Olh8r reslricled funds 913,131 36,457 {92,255} 857,333 136,718 83,193 183,1931 137,718 1.878,382 (1,878.3821 6,C181 6,061 5,338 1.301 153,689 11,3011 {131.2891 5,338 22,400 UnrestrlGtgd funds General lund Capital fund Designated Strategic fund Trading subsidiarias, funds 3.968,590 6,982,389 5.945.555 3.247,783 16,721,258) 1243,7411 3,985,980 5,945,555 2,926,364 85,250 1406,6691 189,836 252,748 1266,4871 176,897

Weldmar Hospicecare Notes formlng part of the consolidated financial statements For the year ended 31 March 2021 19. Analysls of group net assets between funds Unrestricted General Designated Funds Funds Restrlctgd Funds Tolal Funds 2Q21 Total Funds 2020 Fund balances are represented by.. Fixod a¥sels Inve81men'.s Nel current assets Tot&l. t)•t 115¥91￿. 6.089,41 S 3,666,221 2.853.&43 6,089,415 9,060,316 2,839.405 5,449,648 6,423,608 2,188,390 4.147,844 1,24e,251 114.038) 20. Opgratlng leasg commltmgnts Al the balance sheet date the Group had total commrtments under nonvcancellable opèrallng lea¥e8 a¥ follows.. Land and bulldlng• 2021 2020 Operating le0898 whkh expire., Withln one year In two lo five years in¢lusive Over live years Totll cpthmllthèD(£-':: 427,258 1,178,754 784,125 444,383 1,289,879 897,459 21. Capltal Commltm6nts Al the baLgncg Bh¢el dale the Charity had capi'.al commrtmen13 of £530.07312020.. £NILI. This commrtmenl 18 for the relurbLghmenl ol the Inpalienl Unil which was approved by the board and is scheduled 1¢ be completed in s18ge$ In the Summer and Autumn of 2021. 22. Penslon Commltments and othor Post-retlroment bentfft8 Weldm8r Ho¥pi¢ecare operates both a defined contribution and a deflned benefit pension scheme which require conlribulK)ns lo be made to separalgly administered funds lor the benefit of the employoes. Employees pay 6 /0 of pensionable r8muneralion Employèrs pay 140/¢ of pensionable remuneration. Deflned contrlbutlon scheme The Charity operates a defined coplribution pension scheme. Th8 asgels ol the scherne are held separately from thosè ol the Charty in an independently adrninislered fJnd. The pension co81 chargg represents conlribulsops pay8ble by the charity lo the fund and amounted lo £312,63D12020'. £321,184). Contributions lolalliyg £38,58312020: £38.9631 wore payable to the fund al the balance sheet date and are Includ￿ in ctgdilors. 37

Weldmar Hosplcecare Notes forming part of the consolidated flnancial ststements For the year ended 31 March 2021 22. Penslon Commitmènts and other Post-retiromént benefits Icontinuedl D8flned beneflt Sch&mg The NHS Pension Scheme 18 an unfundgd oceupational scheme backed by th? Exchequer, which is open lo all NHS employees and employees of olhei approved org8nisalions. The Scheme provides pensions, based on final salary, in varying cir¢umslances for employees of p8rticipaling employers. As such il is not Possible for Weldmar to Klenlily ils share of the assels ap)d liabilities of the underlying scheme. The Scheme receives con:ribu?ions from emp.'oyees and employers to detr8y th8 CO8tB of pensK)ns and other bonefrts. The pension cost cb.argo r0presen18 contributioqs payabl8 by the charrty lo the fund and amounted '.0 £190.10512020.. £188.9421. Contributions tolalling £26,05812020.' £27,770) were payablè lo the fund al the balance sh8e+ dale and are Includèd in creditors. A$ at 31 Mar¢h 2013 Ilhè latest dale lor whKh data is available) the liab1lil￿S of the Schem& were valued al £284.2 billion. As the NWS Pension Scheme is an unfunded scheme, Ih&se liobili:ies arè underwrillen by the Exchequer. Wh￿.1 also funds the yèar on year drffeftr,ce between th& Sch&me's eonlribulion income and the actuarially 88sessed grovrth in scheme liability. interest charggs and other in-year increases in liabilrty. Further inform8llon can bo found on thè NHSPA web8ite', 23. Related Party Tran8a¢tlonty The Charity ha8 had malerlal tr8n8actions wth 11$ 8ubsidiarie8 thai are aliminaled in Ihase consolidatéd finaneial slalemenl8. Th& Charrty has taken the dispensation In FRS102 Ghapler 33 not lo disck)8e such item8 in Ihfrse financial slat8menl8. R•conclllatFon of net expendlture to net cash flow from opèratlng actlvltla8 2021 2020 Net in¢omel{expendlturel for thg yeor las por Ihe statgment of flnanclal actlvltlés Adlustments for.. Depreciation Charge lor year Depreciation eliminated on r8valualion IProlill1108s on sale of18ngible fixed assets IG8inslAoss6s on investments IGainslnos8es on revaluation of fixed assets D'.vid8nds, interest and rents from iyvestmenls Ilncreaselldecrease in stocks De¢rea5ellinere888} in debtors IDecreasellincrea8e in ¢redilors Net eash- ptovido.d-byl(u•gd-In -_o""peratiNg_activltles'.: 3,927.490 1351,1661 245,171 1358,0351 14171 1159,9531 249,721 11,179,553} {545,6601 1218,7151 1254.5751 5,100 18111 2,445 11,030.32SI 126,357 53,404 742,666 38

WeldmaT Hospl¢e¢are 25. Analysls of cash and cash equivalents 2021 2020 Cash in hand 1.481,168 690,247 Cash held as part of the investment portfolio 218.398 218.398 Flnanclal perfomiance ol the Charfty The ¢onsolidaled slalemenl of financial aclivilies includes the results of the ch8rily'9 subsidiaries, weldrp.ar Hospicecare Tra¢Jing Limited and Weldmar Hospicecare Enl8rpr.'ses Limited. The summary perfonnance of the Charity alone is as follows.. 2021 2020 Income Gift Ald frorn subsidSary_compgnies 10,7D4,309 139,405 10,f43,7_14 8.$47.556 1.179,553 545.660 4,021,37.4 13,885,749 17,907 120 k,: .. 9,220,661 153,143 9.1.7,#,004 8,968,565 1742,6681 Total expenditure Nel gainslllosses} on Inve51rn8nls Nel 9ainsll105S881 on revalualion of fixed 88selS Net Incom•l{expg.ndltut•) - Total funds brought forward .fotal fvnd8 é•irled t'oiward F- 337,4271 14,223.'76 13,885,749 Repr•tsented by: Reslricled lund$ Unre8lricled funds 1,232,213 16,674,907 -17,907,12D_ 1,027,850 12,857,899 -"i3.8.80-.745 39