2020-12-31-accounts - Hope House Children's Hospices

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		Page
Reference and administrative details
Letter from the Chair
Trustee's report (including director's	report)
Independent auditors' report		21
Consolidated statement offinancial	activities	23
Consolidated balance sheet
Charity balance sheet		25
Consolidated cash flow statement		26
Notes to the financial statements		27

er 2020 t	he Board ag	reed that the Charity f	aced the	following Critica	l and High Risk	s.
Risk				Risk Rating	Risk Rating	Direction	of
				December	December	travel
				2019	2020
Insufficient	income			15Critical	18Critical
Significant funding	reduction	or loss of statutory	sector	12 High	12 High
Supporter	dissatisfaction			12 High	12 High
Shortage	ofclinical skills			15Critical	12 High

strategies				strategy		People and	People and	People and	resources	resources	resources
						strategies
0 &Cl	DD &Q m 0	0. DD	+B m	CD	m CC	m pQ	m Dj m CD	( 00	m	m m im m B m	CD 0C m Dj	m mm CC
		&Q	0				uD0		B		m 0.	n m0
		0cc	CC				m		p		0	S m
									cc
											0

				Unrestricted	Restricted	2020	2019
				funds	funds	Total funds	Totalfunds
			Note		6		6
INCOME
Donations and legacies				4,064,200	233,481	4,297,681	4,831,717
Income from trading activities				3,067,304		3,067,304	3,927,414
Income from charitable	activities				1,017,422	1,017,422	916,523
Investment income				91,244		91,244	86,860
Other income				986,138	780,711	1,766,849
TOTAL INCOME				8,208,886	2,031,614	10,240 500	9762,~14
EXPENDITURE
Expenditure on raising funds:
Raising funds within the		Charity	8	884,661		884,661	1,053,479
Expenditure on trading		activities	9	2,052,483		2,052,483	2,356,155
Expenditure on charitable		activities	10	3,541,771	1,941,581	5,483,352	5,711,346
TOTAL EXPENDITURE				6 478 915	1,941,581	8,420,496	9,120980
NET SURPLUS FOR THE YEAR				1,729,971	90,033	1,820,004	641,534
Gains on revaluation of	investments		17	116,244		116,244	303,653
Gross transfer between	funds			155,781	(155,781)
NET MOVEMENT IN FUNDS FOR THE
YEAR				2,001,996	(65,748)	1,936,248	945,187
Total funds at 1 January				12,038,640	138,789	12,177,429	11,232,242
TOTAL FUNDS AT 31 DECEMBER				14,D4D,636	73 D41	14,113677	12,177,429

				2020		2019
		Note				6
FIXED ASSETS
Tangible assets		16		5,028,521		5,119,682
Investments		17		4,875,575		4,696,068
				9,904,096		9,815,750
CURRENT ASSETS
Stocks		18	12,760		6,876
Debtors		19	1,981,880		1,728,042
Cash at bank and	in hand		2,710,974		1,253,028
			4,705,614		2,987,946
CREDITORS
Amounts falling due within one year		20	(496,033)		(626,267)
NET CURRENT ASSETS				4,209,581		2,361,679
NET ASSETS				14,113,677		12,177,429
CHARITY FUNDS
Unrestricted Funds:
Designated funds		21		4,862,000		4,681,000
General funds		21		9,178,636		7,357,640
				14,040,636		12,038,640
Restricted Funds		21		73,041		138,789
TOTAL FUNDS				14,113,677		12,177,429

			2020	2019
		Notes		6
Cash provided by operating
activities			1,657,000	372,504
Cash flows from investing	activities:
Investment income			91,244	86,860
Purchase oftangible fixed assets			(227,035)	(271,640)
Purchase of listed investments			(232,686)	(1,590,925)
Sale of listed investments			169,423	829,598
Cash used on investing activities			(199,054)	(946,107)
(Decrease)/Increase in cash equivalents in the year	and cash		1,457,946	(573,603)
Cash and cash equivalents beginning ofthe year	at the		1,253,028	1,826,631
Cash and cash equivalents end ofthe year	at the		2,710,974	1,253,028

		2020	2019
			6
	Net Income for the reporting period (as per the statement offinancial activities)	1,936,248	945,187
	Adjustments for:
	Income from investments	(91,244)	(86,860)
	Depreciation oftangible fixed assets	318,196	338,202
	Revaluation of investments	(116,244)	(303,653)
	(Increase)/decrease in stocks	(5,884)	2,086
	(Increase) in debtom	(253,839)	(524,482)
	(Decrease)fincrease in creditors	(130,233)	2,087
	Net cash provided by (used In) operating activities	1,657,000	372,504
2	ANALYSIS OF CASH AND CASH EQUIVALENTS
		2020	2019
		f	6
	Cash at bank and in hand	2,710,974	1,253,028
	Total cash and cash equivalents	2,710,974	1,253,028

useful lives on the following b	ases:	ases:
Freehold buildings	40 years straight line
Freehold land	nil
Other property	Depreciated	to a residual		value
Plant and machinery	4 —10years	straight	line
Motor vehicles	5 —10years	straight	line


3. INCOME FROM DONATIONS						AND LEGACIES
						2020		2020		2020		2019
						Unrestricted		Restricted		Total		Total
						funds		funds		funds		funds
						E		6		E
Donations						1,760,082		233,481	1,993,563		2,253,970
Legacies						2,146,209			2,146,209		2,294,065
Tax recovered	—gift aid					142,549				142,549		219,707
Other income						15,360				15,360		63,975
						4,064,200		233,481	4,297,681		4,831,717
INCOME FROM DONATIONS				AND LEGACIES —2019COMPARATIVES
						2019		2019		2019
						Unrestricted		Restricted		Total
						funds		funds		funds
						F				E
Donations						2,049,906		204,064	2,253,970
Legacies						2,294,065			2,294,065
Tax recovered	—Gift Aid					219,707				219,707
Other income						63,975				63,975
						4,627,653		204,064	4,831,717
Incoming resources from			non-exchange transactions
Donated goods	and facilities		for which there was no income					recorded were received		toa value off27,205.None
ofthese donations had conditions					attached.
In addition to paid staff, the			charity		was supported by		588(2019:594) active		volunteers during the year, though
activity reduced	significantly		from		March onwards due to the pandemic. As a				result,	in 2020 volunteers		provided
41,069 hours (2019 75,632 hours)						of volunteering	worth	equivalent of F420,209 (2019:6854,585) in salary
costs.
4. INCOME FROM TRADING ACTIVITIES
						2020		2020		2020		2019
						Unrestricted		Restricted		Total		Total
						funds		funds		funds		funds
						E		6		f		E
Hope House (Trading)		Limited				60,934				60,934		90,792
Hope House (Lottery) Limited						1,862,215			1,862,215			1,708,472
Hope House Children's		Hospices				1,144,155			1,144,155			2,128,150
						3,067,304			3,067,304			3,927,414

							2020	2019
							Total funds	Total funds
							E	K
	Promotional materials						37,903	68,249
	Designing and brand	promotion					6,750
	Printing, postage, stationery			and IT			25,355	24,143
	Event expenses						27,977	118,981
	Insurance						3,415	2,949
	Repairs and maintenance						799	5,027
Telephone							7,951	7,924
Vehicle running expenses								2,676
Vehicle lease charges							591	4,543
Car allowance							55,654	50,243
Travelling expenses							4,513	14,427
Training and conferences							3,563	3,089
General expenses							15,271	14,007
Friends' groups' expenses								410
Payment processing fees							15,064	16,711
Fundraising staff costs							651,299	687,843
	Recruitment						808
	Investment management		costs				27,748	32,257
							884,661	1,053,479
	Attributable to:
	Unrestricted funds						884,661	1,053,479
	Restricted funds
							884,661	1,053,479
9.	EXPENDITURE ON TRADING ACTIVITIES
					2020	2020	2020	2019
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					F		E	E
	Hope House (Trading)		Limited		19,222		19,222	34,376
	Hope House (Lottery)	Limited			437,726		437,726	781,849
	Hope House Children's		Hospices		1,595,535		1,595,535	1,539,930
					2,052,483		2,052,483	2,356,155

					2020	2019
					Total	Total
				Notes	funds	funds
					f	6
Repairs and maintenance					81,410	105,564
Heat and light					64,501	68,072
Water charges					7,287	7,644
Printing, postage, stationery			and IT		22,937	22,154
Housekeeping					21,631	19,616
Insurance					21,690	20,794
Telephone					19,007	21,244
Food and catering					32,329	46,959
Motor expenses					19,811	25,719
Vehicle lease charges					12,106	11,966
Car allowance					17,832	17,487
Travelling expenses					22,817	53,530
Training and conferences					23,718	52,627
Recruitment					882	4,260
General expenses					76,034	65,744
Nursing consumables					38,638	30,517
Medical cover					66,410
Family bereavement		fund			750	750
Wages and salaries					3,888,374	4,079,285
Agency					7,360	8,850
Depreciation					281,832	286,086
Rent					22,917	24,333
					4,750,273	4,973,201
Share of support	costs				721,751	727,979
Share of governance		costs			11,328	10,166
					5,483,352	5,711,346
Attnbutable to
Unrestricted	funds				3,541,771	4,767,539
Restricted funds					1,941,581	943,807
					5,483,352	5,711,346

11.SUPPORT AND G	OVER	NA	NCE	COSTS
					Total	Total
				Notes	2020	2019
						6
Support Costs
Printing, postage, stationery		and IT			19,120	20,401
Telephone					6,315	6,998
Water charges					574	773
Light and heat					2,240	2,515
Repairs and maintenance					10,245	10,298
General expenses					18,392	18,793
Vehicle running expenses					612	516
Vehicle lease charges						2,379
Travelling expenses					4,734	9,493
Car allowance					15,945	16,188
Training and conferences					1,335	4,895
Wages and salaries					560,121	548,733
Agency						100
Recruitment					8,343	5,367
Apprentice levy					10,905	11,183
Staff benefit scheme					18,795	17,395
Bank charges					16,475	14,965
Insurance					3,740	3,750
Rent and service charges					15,250	15,250
Irrecoverable VAT					8610	17,987
					721 751	727,979
Governance Costs
Audit fees					5,050	5,000
Trustees governance	costs				3,179	2,106
Professional fees					3099	3,060
					11328	1' , 166
					733079	738145
Analysed between:
Charitable activities				10	733079	738,145
12. NET INCOME
This is stated after charging:					2020 E	2019
Depreciation of owned	tangible		fixed	assets	318,196	338,202
Auditors remuneration	—audit work				6,250	7,000

					Group		Charity
					2020	2019	2020	2019
					E	E	6	E
Wages and	salaries			5,218,792		5,231,791	5,144,235	5,183,336
Social security costs					441,625	456,462	435,419	450,831
Other pension costs					588,421	585,822	581 336	580,363
				6	248 838	6,274,075	6160990	6214530
The average	monthly	number	ofemployees		during the year	was as follows:
					Group		Chaitty
					2020	2019	2020	2019
					No.	No.	No.	No.
Hospice services					145	158	145	158
Fundraising	and publicity				27	24	27	24
Support					16	16	16	16
Retail and Lottery					60	53	57	50
					248	251	245	248
The number	of higher	paid employees		(excluding employer		pension costs) was as follows:
					Group		Chanty
					2020	2019	2020	2019
					No.	No.	No.	No.
In the band	660,001 -670,000
In the band	670,001 —680,000				2	2	2	2
In the band	6100,001	- 6110,000			1	1	1	1
					4	3	4	3

			Unrestricted	Restricted	Total
			funds 2019	funds 2019	funds 2019
			F	6	6
INCOME
Donations and legacies			4,627,653	204,064	4,831,717
Income from trading activities			3,927,414		3,927,414
Income from charitable	activities			916,523	916,523
Investment income			86,860		86,860
TOTAL INCOME			8,641,927	1,120,587	9,762,514
EXPENDITURE
Expenditure on raising funds:
Raising funds within the	Charity		1,053,479		1,053,479
Expenditure on trading	activities		2,356,155		2,356,155
Expenditure on charitable activities			4,767,539	943,807	5,711,346
TOTAL EXPENDITURE			8,177,173	943,807	9,120,980
NET SURPLUS/ (EXPENDITURE) FOR THE YEAR				176,780	641,534
Gains/(Losses) on revaluation		of investments	303,653		303,653
Gross transfer between	funds		37,991	(37,991)
NET MOVEMENT IN FUNDS		FOR THE YEAR	806,398	138,789	945,187
Total funds at 1 January			11,232,242		11,232,242
TOTAL FUNDS AT 31	DECEMBER		12,038,640	138,789	12,177,429

15. TANGIBLE FIXEDA	SSETS
Group and Charity
	Freehold	Other	Plant and	Motor
	Property	Property	Equipment	Vehicles	Totals
	E	f	6	F	E
COST
At 1 January 2020	6,681,905	385,918	3,412,521	157,058	10,637,402
Additions			178,140	48,895	227,035
At 31 December 2020	6,681,905	385,918	3,590,661	205,953	10,864,437
DEPRECIATION
At 1 January 2020	2,467,030		2,933,218	117,472	5,517,720
Charge for year	151,847		156,162	10,187	318,196
At 31 December 2020	2,618,877		3,089,380	127,659	5,835,916
NET BOOK VALUE
At 31 December 2020	4,063,028	385,918	501,281	78,294	5,028,521
At 31 December 2019	4,214,875	385,918	479,303	39,586	5,119,682

16. FIXEDASSET INVESTMENTS
		Cash and
	Listed	settlements
	securities	pending	Total
Group —market value	E	E
At 1 January 2020	4,604,360	91,708	4,696,068
Additions	232,687		232,687
Disposals	(266,388)		(266,388)
Revaluations	116,244		116,244
Movement on cash account			96964
At 31 December 2020	4,686,903	188,672	4,875,575

									Cash and
							Listed	settlements			Shares In
Charity —market value						securitiesf			pending	subsidiariesf				Total
At 1 January 2020							4,604,360		91,708			4		4,696,072
Additions							232,687							232,687
Disposals							(266,388)							(266,388)
Revaluations							116,244							116,244
Movement on cash account									96,964					96,964
At 31 December 2020							4,686,903		188,672			4		4,875,579
Group Investments at market value					comprise:
							UK		Ovemeas 6			2020 f.		2019f
Listed investments							3,126,412		1,560,491		4,686,903			4,604,360
Investment cash and settlements				pending			188,672					188,672		91,708
At 31 December 2020							3,315,084		1,560,491		4,875,575			4,696,068
Charity investments at	market			value	comprise:
							UK f.		Overseas f.			2020f		2019 f
Listed investments							3,126,412		1,560,491		4,686,903			4,604,360
Investment cash and settlements				pending			188,672					188,672		91,708
Investment in subsidiaries							4					4		4
At 31 December 2020							3,315,088		1,560,491		4,875,579			4,696,072
Investment in subsidiaries:
					Company Percentage					Class	of No of			Total value
Subsidiary							No. shareholding			shares		shares		F
Hope House (Trading)	Limited				02691088				100 Ordinary		f1 2			2
Hope House (Lottery) Limited					05066936				100 Ordinary		F1 2			2
														4
The wholly owned trading		subsidiaries,			Hope		House (Trading)		Limited and	Hope	House (Lottery)			Limited are
incorporated in the United			Kingdom.		They	both have the registered office				of Nant		Lane, Morda,		Oswestry,
Shropshire, SY109BX.	Hope House (Trading)						Limited and Hope House (Lotteiy)				Limited distribute			all oftheir
profits to the Charity under		Deed		of Covenant.
The assets and liabilities	of		the subsidiaries			were:
							Hope	House				Hope House
							(Trading)		Limited			(Lottery)	Limited
							2020 f.		2019 f			2020 f		2019 f
Current assets Current liabilities						3,281 ~7772		2,373 ~854		1,586,828 ~7,587 961			450,689 ~445, 822
Aggregate share capital		and reserves					1,569		1,569			4,867		4,867
Net income from trading		activities					44758		65,956		1	424,489		926,628

			Group		Charity
			2020	2019	2020	2019
			f	f.	f	f
Good	for	resale	12,760	6 876	10902	4 891

		Group		Charity
		2020	2019	2020	2019
		f	f		f.
Amounts	owed by group undertakings			1,463,737	268,036
Other debtors		1,848,729	1,618,569	1,848,733	1,616,540
Prepayments		133151	109,473	133,146	109473
		1 981880	1,728 042	3 445616	1 994 049

			Group		Charity
			2020	2019	2020	2019
				f	f	f
Trade creditors			56,323	78,970	50,385	45,476
Other taxation and social security			166,646	162,232	166,646	162,232
Accruals	and deferred	income	273 064	385,065	159,065	239968
			496 033	626,267	376,095	447 676

21. STATEMENT	OF FUNDS
	Funds at 1			Transfem	Gains	/	Funds at
Group	Jan 2020	Income	Expenditure	in/out	(Losses)		31 Dec 2020
	8		6	6			8
DESIGNATED FUNDS
Workforce management	100,000						100,000
Service development	481,000			(281,000)			200,000
Investment in fundraising				187,000			187,000
Business continuity	4,100,000			275,000			4,375,000
	4,681,000			181,000			4,862,000
GENERAL FUNDS
General funds —all funds	7,357,640	8,208,886	(6,478,915)	(25,219)	116,244		9,178,636
7 t I t 0 df d	12 038640	8208886	~6478975	155781	116244		14040635
RESTRICTED FUNDS
Restricted funds —all funds	138,789	2,031,614	(1,941,581)	(155,781)			73,041
Total funds	12,177,429	ID,24D,5DD	~8,420,496		116241		14113677
	Funds at 1			Transfer	Gains	/	Funds at
Charity	Jan 2020 E	Income F	Expenditure f	s in/out F	(Losses) E		31 Dec 2020 6
DESIGNATED FUNDS
Workforce management	100,000						100,000
Service development	481,000			(281,000)			200,000
Investment in fundraising				187,000			187,000
Business continuity	4,100,000			275,000			4,375,000
	4,681,000			181,000			4,862,000
GENERAL FUNDS
General funds —all funds	7,351,209	7,754,984	(6,025,013)	(25,219)	116,244		9,172,205
7 t I t I t d I d	12 032209	7754984	~5025073	155781	116244		14034205
RESTRICTED FUNDS
	138,789	2,031,614	(1,941,581)	(155,781)			73,041
Total funds	12 17D,998	8 786,688	~7,966,594		116241		14107246

	Funds at 1			Transfers	Gains	/	Funds at
Group	Jan 2019 f	Income f	Expenditure f	in/out f.	(Losses)		31 Dec 2019 f
DESIGNATED FUNDS
Workforce management	100,000						100,000
Service development	153,202			327,798			481,000
Business continuity	4,350,000			(250,000)			4,100,000
	4,603,202			77,798			4,681,000
GENERAL FUNDS
General funds —all funds	6,629,040	8,641,927	(8,177,173)	(39,807)	303,653		7,357,640
Total unrestricted funds	11,232,242	0,641,927	~0177173	37,991	303,653		12038,040
RESTRICTED FUNDS
Restricted funds —all funds		1,120,587	(943,807)	(37,991)			138,789
Total funds	11 232 242	9,762,514	~0720 08D		303,653		12177429,
	Funds at 1				Gains	/	Funds at
Charity	Jan 2019 f	Income f	Expenditure f	Transfers In/out F	(Losses) f		31Dec2019 f
DESIGNATED FUNDS
Workforce management	100,000						100,000
Service development	153,202			327,798			481,000
Business continuity	4,350,000			(250,000)			4,100,000
	4,603,202			77,798			4,681,000
GENERAL FUNDS
General funds —all funds	6,622,608	7,830,242	(7,365,487)	(39,807)	303,653		7,351,209
Total unrestricted funds	11,225,810	7,030,242	~7,305,407	37,991	303,653		12032,209
RESTRICTED FUNDS
Restricted funds —all funds		1,120,587	(943,807)	(37,991)			138,789
Total funds	11,225,81D	0,95D,029	~0,309,204		303,853		12,170,998

22. ANA	LYSIS OF NET ASSETS BETWEEN	FUNDS
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
Tangible	fixed assets	5,024,402	4,119	5,028,521
Fixed asset investments		4,875,575		4,875,575
Current	assets	4,636,692	68,922	4,705,614
Creditors	due within one year	~496033		~496 033
		14040 636	73 041	14,113677
		Unrestricted	Restricted	Total
		funds	funds	funds
		2019	2019	2019
Tangible	fixed assets	5,115,563	4,119	5,119,682
Fixed asset investments		4,696,068		4,696,068
Current	assets	2,853,276	134,670	2,987,946
Creditors	due within one year	~626 267		~626 267
		12,038,640	138,789	12,177,429