REGISTERED COMPANY NUMBER: 02655764 {England and Wales)
REGISTERED CHARITY NUMBER: 1008228
REPORT OF THE TRUSTEES AND
AUDITED CONSOLIDATED
FINANCIAL sfATEMENTS FOR THE YEAR ENDED 315r MARCH 2024
FOR
HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
••
IIcE6endaLe

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEEI
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Page
Report of the Trustees
Itolo
Report of the Independent Auditors
Ilto13
Consolidated Statement of Financial Activities
14
Consolidated Balance Sheet
15
Company Balance Sheet
16
Consolidated Cash Flow Statement
17to18
Notes to the Financial Statements
19to29
Detailed Statement of Financial Activities
30

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Hospice in Rossendale, known as Rossendale Hospice. is a Registered Charity operating within a Company Limited by
Guarantee. The members of the Company are representatives from local voluntary groups and individuals from within
the Borough of Rossendale and beyond. The board of members has the authority to co-opt individuals with relevant
expertise where appropriate.
The board members, who are also directors ofthe company for the purposes of the Companie5 Act 2006, present their
report with the financial statements of the chaf Ity for the year ended 31" March 2024. The financial statements comply
with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Association, and Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I"
January 20191.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02655764 IEngland and Wales)
Registered Charity number
1008228
Registered office
New Cribden House
Rossendale Prirnary Care Centre
161 Bacup Road
Rossendale
Lancashire
BB4 7PL
Trustees (Board members)
Name
MrG D Summers
Mrs C Durkin
Mrs C K Lees
Dr L McGrogan
Mrs BJ Mayer
Mr S A Mayer
Mr B E Topham
Mrs A H Gallagher
Mr G Mangham
Mrs S Hardy (Resigned February 20241
MrATHolt
Role
Chairman
Vice Chairman
Treasurer
Special Interest
Corporate Governance
Clinical Governance
Finance
Clinical and Corporate Governance
Human Resources
Insurance and Corporate Governance
IT/Strategic Planning
Clinical Governance & Occupational Health
Property and Fundraising
Corporate Management
Key management personnel
Mrs I Smith
Donna Cryer
Clare Richards
Marion Mccall
Ann Bennett
Chief Executive Officer l Registered Mana8er
Clinical Services Manager
Head of Fundraising IResigned March 20241
Family Support Services Lead
Assistant Company Secretary
Page I

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Advisers
Sage UK Business and People Advice
Auditors
Ainsworths Limited
Chartered Accountants and Statutory Auditors
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY
Bankers
National Westminster Bank PIC
28 Bank Street
Rawtenstall
Lancashire
BB4 8TS
Solicitors
Woodcocks Haworth & Nuttall
West View
Princess Street
Haslingden
Lancashire
BB4 6NW
Page 2

HOSPICE IN ROSSENDALE
{A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
th
The company was incorporated on 21 October 1991 and registered as a charity on 12 February 1992. The charity is
controlled by its governing document, the Memorandum and Articles of Association. and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006. In the event of the company being wound up members
are required to contribute an amount not exceeding £1.
Recruitment and appointment of new board members
Trustees are appointed to reflect the skills required to support the Board and its range of activities. Recruitment is
through advertising and by individual contact.
Tenure is for three years with an opportunity for re-election at the appropriate Annual General Meeting.
Induction of the new board members is facilitated by the Chairman and the Chief Executive Officer {CEOI. A full
orientation is offered on the services provided and the role and responsibilities of a trustee. Training is also available
via Hospice UK. Trustees are required to complete a skills matrix and a personal development plan.
Risk management
The trustees have examined the major strategic. business and operational risks which the charity faces and confirm that
systems have been established to ensure regular report5 are produced and that the necessary step5 can be taken to
address any issues arising.
After a rigorous assessment process. the Care Quality Commission has accredited the Hospice. thus confirming that the
required standards of care set down for independent health care organisations have been achieved and that systems
are in place both to identify risks to the organisation and to ensure that clinical services are delivered safely. Annual
unannounced inspections are conducted by the Care Quality Commission. including critical incident monitoring.
Within the organisation regular audits are undertaken under the auspices of the Clinical Governance Committee, a sub-
committee of the Board which also covers Information Governance and Safeguarding. Service Provider
ompliance/quality audits are also submitted annually to the Commissioner of our services, East Lanca5hire CCG.
Organisation structure
The Board currently consists of eleven trustees and is responsible for key policy decisions and the effective governance
of the organisation overall. The Board meets every eight weeks.
The Board has the following sub committee5 to support and guide its decision making:
Finance and Standin8 Committee
Clinical Governance Committee
Information Governance Committee
Income Generation Committee
Remuneration Committee
As part of its accreditation process the Care Quality Commission requires a Responsible Individual and a Registered
Manager to be identified. each with a specific set of responsibilities. At the Hospice. the Chairman is approved as
Responsible Individual and the CEO is approved as the Registered Manager.
Related parties
Trustees are required to declare an interest if they are involved in any activities which may compromise their role as a
Trustee and a monitoring mechanism is in place. There have been no related party transactions during the past year.
Page 3

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
OBJECTIVES AND AcfiviTIES
The objectives of the Hospice are set out in full in its Memorandum of Association. It presently meets these objectives and
constantly aspires to improve the quality and range of the provision.
Our vision
To positively influence a future in which everyone within Rossendale who accesses our services, receives the best possible
care and support.
Our values
Underpinning our vision we have three values, compassion, integrity, and excellence. Our stsff and volunteers uphold
these values, irrespective of their role.
The Hospice offers support to patients and their families from diagnosis to recovery and. if that is not to be, through End
of Life Care.
Day Therapy services are provided from a purpose designed unit within the main Hospice premises. A range of services
and information is available to all patients, including therapies, education and peer support. counsellin& psychological
support, information on clinical matters and welfare rights, and spiritual support are freely available.
Our Hospice at Home service enables patients in the last twelve months of life to be cared for within their own home. The
service operates 365 days per year, providing invaluable care to not only the patient. but also f3mily/carerlsl at a
particularly difficult period. Personal care. psychological support, respite visits and night sits form part of the care plan,
which is led and continually re-assessed by the Senior Registered Nurse. in agreement with the patient and family. During
the period of this report 94% of patients died at home, as was their wish, with dignity and respect, supported by our
Hospice at Home Service.
Pre and Post Bereavement counselling is available to families/carer{s) including a specialist service with the skills and
experience to support children.
The importance of volunteers in a variety of roles is recognised and our Volunteer Coordinator ensures that this invaluable
help is deployed effectively in support of paid staff to the benefit of patients and their carers.
There is a holistic approach to all activities, embracing staff. patients and volunteers.
There is a commitment to education for staff and volunteers to best enable them to carry out their caring responsibilities.
Hospice services are available to all residents within R055endale who might benefit. Requests for access to Hospice services
from patients who are resident outside Rossendale are considered on an individual basis
Working closely with Commissioners, Lancashire and South Cumbria Integrated Care Board IICBI.
we assisted in an initiative during the latter part of the year with which focused on early identification of patients who
needed care and 5UPPOrt at home to reduce inappropriate or un-ne￿sary admission to hospital.
Public benefit
Given the range and quality of services provided within Rossendale in the field of palliative care, as outlined above, the
Board is confident that it offers services of real and practical use to the local population and therefore complies with
the responsibility placed on all charities under the Charities Act 2011 to demonstrate a public benefit.
Page 4

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMENTS AND PERFORMANCE
WELLBEING SERVICES
DAY THERAPY
During the last financial year, the Wellbeing service saw good patient usage and the establishrnent of the Bereavement
Cafe. 146 mernbers of the Rossendale community attended our Wellbeing services during thi5 period. The Dementia
Day continued to be a positive development with good referral and attendance levels. The Bereavement cafe also
proved to be a successful addition to our range of services. being the group with the highest attendance record. This is
currently in review to ensure we continue to meet the needs of the service user whilst enabling positive and beneficial
health outcomes.
HOSPICE AT HOME
94% of Hospice at Home patients died at home during this period with dignity and respect as was their wish. Sadly. it is
sometimes necessary for patients to be admitted to hospital. due to complex clinical needs and symptom control.
statistics for the Financial Year
2023124
2022123
Total patients
Number of hours of general care provided
Additional hours of respitelnight sits provided
72
10.679
3,170
73
11,246
3.290
Total number of hour5 of care provided
13.849
14.536
During this period the number of patients was comparable to the previous year, with number of hours of care and night
sits reduced. This was due to the number of patients we took into our care who were at the very end stage of life and
sadly passed away within a short space of time.
FAMILY SUPPORT SERVICES
April 2023- March 2024:
70Yo of service users completed therapy in 6 or less sessions.
50% of clients were offered an initial session within 2 weeks of referral, with another 20% offered a first session within
4 weeks of referral.
Client satisfaction surveys lanonymised) rate the service as 'excellenY193%) or 'good' {7%1.
Total referrals for counselling & psychotherapy: 324
Referrals b t
Patients:
Bereaved adults-
117
155
Carer5-
Bereaved child/YPs:
48
Page S

HOSPICE IN ROSSENDALE
{A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
FAMILY SUPPORT SERVICES
CONTINUED
Source of Referrals".
WBS/H@H- 8%
GPS- 16%
Other medical professionals - 18%
Schools- 6%
Other IINT, Soc Pres. Etcl - 16%
Family members - Il%
Self referrals - 25%
Number of therapy sessions completed: 1261
INumber offered: 1491)
Sessions held b
face to face If2n or telephone sessions Itel}
Patients 2341158 f2f. 76 tell
Bereaved adults 807 {690 f2f, 117 tell
Carers- 86178 f2f, 8 tel)
Bereaved child/YPerson 1341133 f2f. I tel)
BACP SERVICE ACCREDITATION
The Annual Monitoring Report was submitted for assessment in July. Subject to approval, this will mean that service
accreditation will be awarded for a further five years. assuming completion of satisfactory monitoring reports each year.
Statistics compiled by Marion Mccall, Family Support Lead.
Page 6

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Plans for future periods
The last two years have been difficult for the Hospice as can be seen from the relevant account5. Inflation, the cost of
living crisis and uncertainties around funding in general have been the cause of great concern. However this pressure
has acted as a catalyst for us to involve staff and volunteers in a comprehensive review of all our clinical and support
activities. Conclusions have been presented to and assessed by trustees, who have agreed a strategic plan to ensure the
survival and future development of the charity. This has involved reviewing each component of our services and
adjusting them where appropriate, scrutinising our expenditure very carefully and promoting innovative approaches to
maximise our fundraising potential.
Our intention is to continue to provide timely and relevant services to our local community. to generate the income
essential to achieve these aims and to do so despite the constraints of the health care and financial environments which
now prevail.
Trustees will meet on a regular basis in the coming year to asse55 progress against our list of key corporate objectives.
FINANCIAL REVIEW
The attached statement of financial activities shows how our funds were raised and applied during the year. The
statement separates funds, which the charity itself controls, "unrestricted funds" from funds, which have to be spent
in a manner, determined by the donor, which are "restricted funds" Designated funds, whilst unrestricted, relate to
funds allocated by the organisation for specific projects andlor developments.
Overall incorne decreased by £58.279 compared to the previous year. totalling £l.000,838. This did not impact our
service levels. Within this, income was lower year on year in most categories-
Income from donations and gifts increased by £31,628 but Legacies received were significantly lower than in typical
years, with £5,000 received, compared to £77,277 in the previous year-
External funding received was slightly lower than the previous year l-E24,332), reflecting well documented budget
constraints and pressures within the overall NHS;
Income from fundraising events was also lower than the previous year1-£14.6981, with the fundraising environment
remaining difficult as wider economic issues continued to impact our Supporters. levels of discretionary income.
Nevertheless the fundraising team worked tirelessly organising some fabulou5 events including the Sunflower
Memories Appeal, the Gin Trek, the Ladies Christmas lunch and the Pride of Rossendale Awards;
Income generated by Charity shops in Haslingden and Ravrtenstall improved marginally compared to the prior year
but conditions remained challenging.
Despite a continued focus on tight cost control. over311 costs increased year on year by £119,772 to reach £1,255.796,
with Services maintained at a comparable level to the prior year. Much of this cost uplift was due to increased
expenditure on Charitable Activities, a significant proportion of which relates to largely fixed costs, mainly stalf and
property Costs. These were £114,052 higher than the previous year, mainly due to an increase in staff costs as vacancies
were filled, as well as cost of living related pay increases. along with Inflation continuing to impact the wider cost base.
The value of investments increased by £52.304 compared to the previous year, which was extremely helpful in
Mitigating the size of the overall deficit for the year. which amounted to £202,84912023= deficit of £165, 1171. The
deficit was net of a positive contribution from Rossendale Hospice Trading Ltd {operator for our two charity shops).
Page 7

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
FINANCIAL REVIEW (CONTINUED)
Whilst the deficit outcome was disappointin& this was not a surprise and was lower than had been envisaged at the
start of the year. As such we consider this a creditable performance considering the continuing difficult climate in which
the Hospice is operatin& exacerbated by continued pressure on NHS funding budgets as well as cost inflation. The
Board recognises the continued contribution of businesses and the general public, predominantly in Rossend31e,
without which the charity could not continue. On behalf of patients, their families and carers we again express our
gratitude.
The trustees are fully aware of the difficult climate in which we operate and the risks of possible further reductions in
funding, and we ensure there are always sufficient reserves to support our current cost base without compromising the
quality and level of service we offer.
The rnembers of the Board are guarantors of the company. Their liabilities. as set out in the Memorandum of the
company, are limited to one pound per guarantor.
This statement of financial activities is a statement designed to show all sources coming into the charity and how these
have been utilised.
Principolfunding sources
Our principal funding resources during this period were East Lanca5hire CCGIICB, NHS England and the public in the
format of charitable giving.
Investment policy
The trustees regularly monitor the available cash reserves of the charity and seek to maximise the interest earned on
such funds. In view of the low interest rate environment several years ago, the Trustees opted to place £650,000 of cash
reserves in a 'Low Risk, investment with an aim to maximising yield over time, in a vehicle which can be quickly converted
back to cash in case of need. The performance of the investment is monitored regularly and inevitably fluctuates due
to stock market movements. As at 31 March 2024 the value had increased to £704.673, a year on year increase of
£52,304.
Reserves policy
It is the policy of the charity to maintain unrestricted funds. which are free reserves of the charity at a level, which
equates to approximately nine months, unrestricted expenditure. This provides sufficient funds to cover management,
administration and support costs to enable ongoing development of the charity. Unrestricted funds decreased by
£202,849 during the year.
Page 8

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also directors of Hospice in Ros5endale for the purposes of company lawl are responsible for
preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations.
Company law requires the trustee5 to prepare financial statements for each financial year. Under that law the trustees
have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting
Practice l United Kingdom Accounting Standards and applicable lawl. including FRS 102 the Financial Reporting Standard
applicable in the UK and Republic of Ireland. Under company law the trustees must not approve the financial statements
unles5 they are satisfied that they give 3 true and fair view of the state of affairs of the charitable company and of the
surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are
required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP and FRS 102,.
make judgements and estimates that are reasonable and prudent;
State whether applicable UK accounting standards have been followed. subject to any material departures
disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable
company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable
cornpany and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are
also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustee5 are responsible for the maintenance and integrity of the corporate and financial information included on
the charitable companvs website. Legislation in the United Kingdom governing the preparation and dissemination of
financial statements may differ from legislation in other jurisdictions.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the trustees are aware, there is no relevant information las defined by Section 418 of the Companies Art 20061
of which the charitable company"s auditors are unaware, and each trustee has taken all the steps that they ought to
have taken as a trustee in order to make them aware of any audit information and to establish that the charitable
company's auditors are aware of that information.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the
Companies Act 2006.
AUDITORS
The auditors, Ainsworths Limited. will be proposed for re-appointment at the forthcoming Annual General Meeting.
ON BEHALF OF THE BOARD:
Mr G Summers-Trustee
Mrs C K Lees - Trustee
th
Date.. 14 November 2024
Page 9

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
CLINICAL GOVERNANCE
Clinical Governance Report.
AGM 2024
Clinical and Information Governance meetings continue on a regular basis to ensure that a system is in place for
continuously improving the quality of our services and safeguarding high standards of care. Any developments in service
can be discussed with the wider team and any developments to current care provision.
It is patient focused and helps to ensure that the services remain effective and efficient. All policies that have been
developed or reviewed go through this meeting for final ratification. creating a robust system.
There is also a focus on safety with all incidents and feedback from any investigations being discussed and monitored
by the group, highlighting any areas of learning that can be fed back through the organisation, further strengthening
the Hospice commitment to delivering safe. effective. efficient care.
There are also a number of audits that take place throughout the year and these are also monitored through this
meeting. to ensure that all actions are undertaken, helping to sustain and improve high practice standards throughout
the Hospice.
Training and development needs are discussed and explored along with any relevant updates on national guidelines
and feedback from any relevant meeting5 that have been attended.
Regular reporting and feedback from the group takes place to the Hospice Board and the CCG.
Many thanks to all the staff that have contributed to the Clinical and Inform3tion Governance agenda throughout the
year.
ON BEHALF OF THE CLINICAL GOVERNANCE COMMirrEE
Mrs AGallagh
Truste
Chair
f the Clinical Governance Committee and Clinical Advisor to the Board
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEEI
Opinion
We have audited the financial statements of Hospice in Rossendale {the 'charity'} for the year ended 31" March 2024
which comprise the Statement of Financial Activities. Balance Sheet. Cash Flow and Notes to the Financial Statements,
including a Summary of significant accounting policies. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the charitable group's and of the parent compan(s affairs as at 31, March
2024 and of its incoming resources and application of resource5, including its income and expenditure. for the year
then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
financial staternents section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilitie5 in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS IUKI require us to report
to you where..
the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not
appropriate,. or
the trustees have not disclosed in the financial statements any identified material uncertainties that may cast
significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period
of at least twelve months from the date when the financial statements are authorised for issue.
Other informatlon
The trustees are responsible for the other information. The other information comprises the information in the
Report of the Trustees, but does not include the financial statements and our Report of the Auditors thereon.
Our opinion on the financial statements does not cover the other information and we do not express any form of
assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, tonsider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to report
that fact. We have nothing to report in this regard.
Opinlon on other matters prescribed by the Companies Art 2006
In our opinion, based on the work undertaken in the course of the audit-
the information given in the Report of the Trustees for the financial year for which the financial statements are
prepared is consistent with the financial statements; and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 11

REPORT OF THE INDEPENDENT AuD￿OR5 TO THE MEMBERS OF
HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the
audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report
to you if, in our opinion-
adequate accounting records have not been kept, or returns adequate for our audit have not been received from
branches not Vlsited by us,. or
the financial statements are not in agreement with the accounting records and returns: or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit- or
the trustees were not entitled to prepare the financial statements in accordance with the small companies regime
and take advantage of the small companies, exemption from the requirement to prepare a Strategic Report or in
preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities set out on page eight, the trustees Iwho are
also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the
trustees determine necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue a5 a
going concern. disclosin& as applicable. matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic
alternative but to do so.
Our responsibilities for the audit of the financlal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error. and to issue a Report of the Auditors that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with
ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
Identif
and assessin
otential risks related to irre
ularities
In identifying and assessing risks of material misstatement in respect of irregularities, we considered the following..
the nature of the industry and sector, control environment and business performance-
results of our enquiries of management about their own identification and assessment of the risks of
irregularities-
any matters we identified having made enquiries of management about their policies and procedures relating
to..
identifying, evaluating and complying with laws and regulations and whether they were aware of any
instances of noncompliance;
detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected
or alleged fraud-
> the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations,.
the matters discussed among the audit engagement team regarding how and where fraud might occur in the
financial statements and any potential indicators of fraud.
As a result of these procedures. we considered the opportunities and incentive5 that may exist within the organisation
or
rau
. In common witrtThits un
er
.wearea
so require
to per
orm speci
Ic proce
ures
o respon
to
the risk of management override.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing
on provisions of those laws and regulations that had a direct effect on the determination of material amounts and
disclosures in the financial statements. The key laws and regulations we considered in this context included the UK
Companies Act and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effed on the financial
statement5, but compliance with which may be fundamental to the company's ability to operate.
Audit res
onse to risks identified
As a result of performing the above our procedures to respond to the risks identified included the following:
reviewing the financial statements disclosure and testing to supporting documentation to assess compliance
with provisions of relevant laws and regulations described as having a direct effect on the financial statements;
enquiring of management about actual and potential litigation and claims..
performing analytical procedures to identify any unusual or unexpected relationships that may indicate risk of
material misstatement due to fraud,.
in addressing the risk of fraud through managernent override of controls, testing the appropriateness of journal
entries and other adjustments- assessing whether the judgements made in making accounting estimates are
indicative of a potential bias- and evaluating the business rationale of any significant tian5actions that are
unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team
members and remained alert to any indications of fraud or noncompliance with laws and reBulation5 throughout the
audit.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
ReportiriE Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of
the Auditors.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the
CompaniesAct 2006. Our auditwork has been undertaken so thatwe might state to thecharitable company'stru5tee5
those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest
extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company
and the charitable company's trustees as a body, for our audit work. for this report, or for the opinions we have
formed.
Mark Sunter (Senior Statutory Auditor)
for and on behalf of Ainsworths Limited
Chartered Accountants
and Statutory Auditors
Charter House
Stanstield Street
Nelson
Lancashire
BB9 9XY
Date: 14 November 2024
Page 13

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE
ACCOUNTI
FOR THE YEAR ENDED 31ST MARCH 2024
31.3.24
Total
funds
31.3.23
Total
Funds
Unrestrirted
funds
Restricted
funds
Notes
Income from:
Donations and legacies
136,041
5(10
136,541
177,190
Charitable octivities..
Grants
Other
498,972
10.988
498,972
10.988
523,304
7,443
Other trading activities
338,265
338,265
345,757
Investments
16.072
16,072
5,423
TOTAL
1.000,338
500
1,000,838
1,059,117
Expenditure on:
Raisingfunds
TradinE and marketing
Fundraising
73.012
84.143
73,012
84,143
67,245
84,190
Charitable attivities
1,098,336
305
1,098,641
984,589
TOTAL
1.255.491
305
1.255,796
1,136,024
Net incoming resources before investment
gains/{losses)
1255,1531
195
(254,958)
176,9071
Net Eainslllossesl on investments
52.304
52,304
(88,2101
NET MOVEMENT IN FUNDS
(202.8491
195
(202,654)
1165,1171
RECONCILIATION OF FUNDS:
Total funds brought forward
1,777,533
1,777,533
1,942,650
TOTAL FUNDS CARRIED FORWARD
1,574,684
195
1.574,879
1,777,533
There are no other recognised gains or losses for the year other than in the Statement of Financial Activities.
The notes form part of these financial statements
Page 14

HOSPICE IN ROSSENDALE (REGISTERED NUMBER 026557641
IA COMPANY LIMITED BY GUARANTEEI
CONSOLIDATED BALANCE SHEEr
AT 31ST MARCH 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
li
59,050
87,525
59,050
87,525
CURRENT ASSETS
Current asset investments
Debtors
Cash at bank
13
14
704,673
69,316
820,305
652,369
76,466
1,041,606
1,594,294
1,770,441
CREDITORS
Amounts falling due within one year
15
{78,465)
180,4331
CURRENT ASSETS
1,515,829
1.690,008
TOTAL ASSETS LESS CURRENT LIABILrriES
1.574,879
1,777,533
NET ASSETS
1,574,879
1,777,533
FUNDS
Restricted funds
Designated funds
Unrestricted funds
16
195
168,000
1,406,684
224,000
1,553,533
TOTAL FUNDS
1.574.879
1.777.533
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small charitable companies and with the Financial Reporting Standard 102 (effective I" January
20191.
th
The financial statements were approved by the Board of Trustees on 14 November 2024 and were signed on its behalf
by:
Mr G D Summers- Trustee
Mrs C K Lees - Trustee
The notes form part of these financial statements
Page 15

HOSPICE IN ROSSENDALE {REGISTERED NUMBER 02655764)
(A COMPANY LIMITED BY GUARANTEE)
COMPANY BALANCE SHEET
AT 31ST MARCH 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible asset5
Investments
li
12
55,937
83,527
55,938
83,528
CURRENT ASSETS
Current asset investrnents
Debtors
Cash at bank
13
14
704,673
100,940
784,109
652.369
98,747
1.016.785
1,589,722
1,767,901
CREDITORS
Amounts falling due within one year
15
{70,781)
{73,8961
NET CURRENT ASSETS
1,518,941
1.694,005
TOTAL ASSETS LESS CURRENT LIABILITIES
1,574,879
1,777,533
NET ASSETS
1,574,879
1,777,533
FUNDS
Restricted funds
Designated funds
Unrestricted funds
16
195
168,000
1,406,684
224,000
1,553,533
TOTAL FUNDS
1,574,879
1.777,533
These financial statements have been prepared in accordance with the special provisions of Part 16 of the Companies
Act 2006 relating to small charitable companies and with the Financial Reporting Standard 102 leffective I" January
20191.
The financial statements were approved by the Board of Trustees on 14 November 2024 and were signed on its behalf
by..
The notes form part of these financial statements
Page 16

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
CONSOIIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2024
31.3.24
31.3.23
Notes
CASH FLOWS FROM CHARITABLE AcfiviTIES
Cash generated from activities
{183,875}
160,5651
Net cash from charitable activities
(183,8751
160,565)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of tangible fixed a55ets
Proceeds from sale of tangible fixed assets
Interest received
{1,1941
{46,5711
15,000
5,423
16,072
Net cash from investing activities
14,878
126,1481
Increase/(decrease) in cash and cash
equlvalents
(168,997)
{86,7131
Cash and cash equivalents at start of year
1,693,975
1.780,688
Cash and cash equivalents at end of year
1,524,978
1,693.975
The notes form part of these financial statement
Page 17

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
CONSOLIDATED CASH FLOW STATEMENT NOTES
FOR THE YEAR ENDED 31ST MARCH 2024
RECONCILIATION OF DEFICITTO CASH GENERATED FROM ACTIVITIES
31.03.24
31.03.23
Deficitlsurplus for the year
Depreciation charges
Profit on disposal of fixed assets
Finance income
1202,654)
29,669
1165,1171
29,410
iis,0001
15,4231
(16,072)
(189,0571
1156.1301
Decrease/lincreasel in trade and other debtors
Increa5e/ldecreasel in trade and other creditor5
7,150
(1,9681
115,296
{19,7311
Cash generated from charitable activities
1183,875)
160,5651
CASH AND CASH EQUIVALENTS
The amounts disclosed on the C35h Flow Statement in respect of cash and cash equivalent5 are in respect of
these Balance Sheet amounts:
Year ended 31# March 2024
31.03.24
1.04.23
Cash and cash equivalents
1,524,978
1,693,975
Year ended 31. March 2023
31.03.23
1.04.22
Cash and cash equivalents
1,693,975
1.780,688
The notes form part of these financial statements
Page 18

HOSPICE IN ROSSENDALE
{A COMPANY LIMITED BY GUARANTEEI
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
Company information
Hospice in Rossendale is a charitable company limited by guarantee, incorporated in England and Wales. The
company number and registered office can be found in the Trustees report.
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (Charities SORP IFRS10211. the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 102), the Companies Act 2006 and the Charities Act 2011.
Basis of consolidation
rhe consolidated accounts of the group incorporate the accounts of the company and its Subsidiary. Rossendale
Hospice Trading Lirnited. The results of trading activities of the subsidiary have been summarised in the
Con501idated Statement of Financial Activities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled
to the income and the amount can be quantified with reasonable accuracy.
Grants receivable are accounted for when due. Income is deferred when it is received in advance of the period
to which it relates.
Income from donations. legacies. fundraising and other similar incoming resources are included in the year in
which they are receivable.
Income from the sales of donated goods is recognised when the significant risks and rewards of ownership of
the good5 have passed to the buyer.
Investment incorne is recognised on a receivable basis.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under heading5 that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on 3 basis consistent with the use of resources.
Tangible flxed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Leasehold improvements
Equiprnent and furniture
Motor vehicles
-20%- 25% on cost
-20Y.- 25% on cost
-25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Pa8e 19

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES (CONTINUED)
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds which have been set aside at the discretion of the trustees for
specific purposes. The intended use of any designated funds is set out in the notes to the financial statements.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Artivities in the period to which
they relate.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with
the lessor are charged to the Statement of Financial Activities in the period to which they relate.
Investments
Investments are shown in the financial statements at their fair value. Any change in fair value is recognised
directly in the statement of financial activities. Investments are classified as current asset investments where
the funds are readily convertible and if the investments do not meet the readily convertible criteria they are
classified as a fixed asset investment.
Page 20

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEEI
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
DONATIONS AND LEGACIES
31.03.24
Group
31.03.23
Group
Company
Company
Donation5 and gifts
Legacies received
131,541
5,000
131,541
5,000
99,913
77,277
99,913
77,277
136.541
136,541
177,190
177,190
In 2023, the donation and legacies income included, £20,500 of restricted and £156,690 of unrestricted fund5.
CHARITABLE AcfiviTIES
31.03.24
Company
31.03.23
Group
Group
Company
NHS: East Lancashire
CCGIICB
Continual Care Funding
NHS England ICS Pilot
EMIS Grant
288,619
195,961
288.619
195,961
317,266
180,038
20,000
6,000
317,266
180,038
20,000
6,000
14,392
14,392
498.972
498,972
523.304
523,304
In 2023, the charitable activity income included, £Nil of restricted and £523,304 of unrestricted funds.
Page 21

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
OTHER TRADING AcfiviTIES
31.03.24
Group
31.03.23
Group
Companv
Company
Fund raising events
Retails sales
175,691
162,574
175,691
2,031
190,389
155,368
190,389
5,059
338,265
177,722
345,757
195,448
In 2023. the other trading income included, £Nil of restricted and £345,757 of unrestricted funds.
INVESTMENTS
31.03.24
Group
31.03.23
Group
Company
Company
Investment receivable
16,072
16,072
5,423
5,423
16,072
16,072
5,423
5,423
In 2023, the investment income included, £Nil of restricted and £5,423 of unrestricted funds.
TOTAL RESOURCES EXPENDED
Raising
Funds
Charitable
Activities
Total
2024
Total
2023
C05r5 directly allocated to octivities.-
Staff costs
Agency staff
Advertising
Travel and motor
Event expenses
Trading purchases
Rent, rates and utilities
Insurance
Training
Telephone
Depreciation - unrestricted
Repairs and renewals
Stationery, postage and printing
Miscellaneous
Support costs (Note 71
Profit on disposal of assets
73,012
698,210
66,159
7,223
12,128
771,222
66,159
7,223
12,595
35,000
6,272
72,520
17,062
1,960
7,550
29,669
18,750
7,035
30,283
172,496
692.529
66,373
2,515
17,469
35,098
119,6871
66,868
12,856
2,069
5,447
29,410
19,221
13,001
34,736
173,119
115,0001
467
35.000
6,272
32,057
16,244
1,960
6,839
28,734
13.424
6,612
30,283
172,496
40,463
818
711
935
5.326
423
In 2023, the total expenses included, £26,849 of restricted and £1,109,175 of unrestricted funds.
Page 22

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEEI
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
SUPPORT COSTS
Governance
Support
Costs
Total
2024
Total
2023
Support costs allocoted to activities..
Staff costs
Bank charges
Legal and professional fees
Audit and accountancy fees
154.288
3,088
154,288
7,893
5,596
4,719
153,329
6,642
8,677
4,471
4,805
5.596
4.719
15,120
157,376
172,496
173,119
NEf OUTGOING RESOURCES-GROUP
Net resources are stated after chargin81{creditin8)-
31.3.24
31.3.23
Depreciation- owned assets
Auditor's remuneration for audit services
Operating lease payments- land and building
29,669
4,719
60,207
29,410
4,471
56,323
NET OUTGOING RESOURCES-COMPANY
Net resources are stated after charging/lcrediting):
31.3.24
31.3.23
Depreciation - owned assets
Auditor's remuneration for audit services
Operating lease payments- land and buildings
28,734
3,744
32,057
28,570
3,496
28,173
STAFF COSTS
31.03.24
Group
31.03.23
Group
Company
Company
Wages and salaries
Social security costs
Other pension costs
836.297
55,130
34.083
767,645
52,302
32,551
761,598
54,480
29.780
697.265
51,568
29,780
925,510
852.497
845.858
778,613
Page 23

HOSPICE IN ROSSENDALE
{A COMPANY LIMITED BY GUARANTEEI
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
STAFF COSTS- CONTINUED
The average monthly number of employees during the year was as follows-
31.03.24
Group
31.03.23
Group
Company
Company
Day therapy
Hospice at home
Family support services
Administration
Fund raising
Hospice shops
38
38
31
31
60
53
53
48
No ernployees were paid over £60,000 for the year ended 31" March 2024 nor for the year ended 31" March 2023.
The Key Management Personnel were paid a total of £138,284 {2023= £145.6241 during the year.
Trustees, Rernuneration
No trustees received remuneration for their roles a5 trustees for the year ended 31 March 2024 nor for the
vear ended 31" March 2023.
Trustees, Expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31, March
2023.
io.
FINANCIAL PERFORMANCE OF THE CHARITY
The consolidated Statements of financial activities include the results of the charity's wholly owned subsidiary.
The financial performance of the charity alone is:
31.3.24
31.3.23
Income..
Donations and legacies
Charitable activities
Other trading activities
Investments
Contribution from subsidiary
136,541
498,972
177,722
16,072
42,200
177,190
523.304
195,448
5,423
32.825
Expenses..
Raising funds
Charitable activities
Investment Bains / Ilosses}
135,0001
(1,091,465)
52,304
135,0981
1975,9991
188.2101
202,654
165,117
Page 24

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ii.
TANGIBLE FIXED ASSETS- GROUP
Leasehold
Improvements
Equipment &
furniture
Motor
vehicles
Totals
COST
At 1st April 2023
Additions
Disposals
30.457
180,025
1,194
59,866
270,348
1,194
At 31st March 2024
30,457
181,219
59,866
271,542
DEPRECIATION
At 1st April 2023
Charge for year
Elimination on disposal
30,457
124.167
19,669
28,199
10,000
182,823
29,669
At 31st March 2024
30,457
143.836
38,199
212,492
NET BOOK VALUE
At 31st March 2024
37,383
21,667
59,050
At 31st March 2023
55,858
31,667
87,525
TANGIBLE FIXED ASs￿S- COMPANY
Leasehold
Improvements
Equipment &
furniture
Motor
vehicles
Totals
COST
At 1st April 2023
Additions
Disposals
11.640
165,935
1,144
59,866
237,441
1,144
At 31st March 2024
11,640
167,079
59,866
238,585
DEPRECIATION
At 1st April 2023
Charge for year
Eliminated on disposal
11.640
114,075
18.734
28,199
10,000
153,914
28,734
At 31st March 2024
11,640
132,809
38,199
182,648
NET BOOK VALUE
At 31st March 2024
34,270
21.667
55,937
At 31st March 2023
51,860
31,667
83,527
Page 25

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
12.
FIXED ASSET INVEsfMENTS
Investments comprise the cost of the investment in the subsidiary undertaking.
Details of the subsidiary undertaking are as follows:
Name ofcom
an
Pro
ortion of nominal
Value of issued shares held
Princi
al Activi
Rossendale Hospice Trading Limited
100% Ordinary shares
Charity shops
13.
CURRENT ASSET INVESTMENTS
31.3.24
31.3.23
Market value at begtnning of year
Additions during the year
Disposals during the year
Net gain/ Ilossl during the year
652,369
740,579
52,304
188.2101
Market value at end of year
704,673
652,369
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.03.24
Group
31.03.23
Group
Company
Company
Trade debtors
Amount5 owed by
subsidiary undertaking
Prepayments and
accrued income
Other debtors
16.176
16.176
32.232
32,232
42,200
32,825
45,336
7.804
35,481
7,083
37,164
7.070
27,279
6.411
69,316
100,940
76,466
98.747
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.03.24
Group
31.03.23
Group
Company
Company
Trade creditors
Accruals
Deferred income
Other creditors
11.869
21.551
7,227
18,509
8,311
26,658
6,000
39,464
4.408
24.024
6.000
39,464
45.045
45,045
78,465
70,781
80,433
73,896
Page 26

HOSPICE IN ROSSENDALE
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS- GROUP
Unrestricted
funds
Designated
funds
Restrirted
funds
Total
Funds
Fixed assets
Net current assets
59,050
1,347,634
59.050
1,515,829
168,000
195
1,406,684
168,000
195
1,574,879
ANALYSIS OF ASSETS BETWEEN FUNDS- COMPANY
Unrestrirted
funds
Designated
funds
Restricted
Funds
Total
Funds
Fixed a55ets
Net current assets
55,938
1.350.746
55,938
1,518,941
168,000
195
1,406,684
168,000
195
1,574,879
17.
MOVEMENT IN FUNDS-GROUP AND COMPANY
At 1.4.23
Net
movement in
funds
At 31.3.24
Restricted funds
Fixed assets
Other donations
195
195
195
195
Unrestritted funds
Designatedfunds..
Hospice at Home legacv
General funds
224,000
1.553,533
156,0001
(146,8491
168,000
1,406,684
1.777,533
(202,8491
1,574,684
TOTAL FUNDS
1,777,533
1202,6541
1,574,879
Page 27

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
17.
MOVEMENT IN FUNDS- GROUP AND COMPANY {CONTINUED)
Net movement in funds. included in the above are as follows-
Incoming
resources
Resources Movement In
expended
funds
Restricted funds
Fixed assets
Other donations
500
(305)
195
500
13051
195
Unrestricted funds
De5ignatedfunds.'
Hospice at Home legacy
General funds
(56,000)
(1,147,187)
{56,000}
1146,8491
1,000,338
1.000,338
11,203,187}
{202,8491
TOTAL FUNDS
1,000,838
{1,203,492)
(202,654)
Deslgnated funds
Hospice at Home Legacy
A substantial Legacy was received in an earlier financial year. Although the Legacy was not restricted it Was
discussed with the executors that it would be used for the purpose of contributing to the delivery and
expansion of the Hospice at Home service. The Trustees consider it prudent to separately designate this Legacy
to monitor its use over the coming years.
Restricted funds
Fixed ossets
Thi5 fund relates to donations received for specific tangible fixed assets acquisitions.
Page 28

HOSPICE IN ROSSENDALE
(A COMPANY LIMITED BY GUARANTEEI
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
18.
GI￿5 IN KIND
Gifts in Kind during 2023-24 equate to £20,275. Big Tank Productions continue to support the Hospice with
filming and creating videography. saving the Hospice approximately £5,￿0 per year. Rossendale Self Storage
also continues to support the Hospice with access to two storage units for 12 months valued at £3,000. The
Ladies Lunch and Hospice raffles prizes were higher end including holiday stays and meals at restaurants,
equating to £8,185.
19.
MEMBERS
The company is a company limited by guarantee but not having a share capital. The liability of every member
is limited to an amount not exceeding £1.
In the opinion of the trustees the company is ultimately controlled by all the members acting together as no
individual has overall control.
20.
COMMITMENTS UNDER OPERATING LEASES
The following operating lease payments are committed to be paid within one year.
Group
Land and buildings
31.03.24
Other operating leases
31.03.24
31.03.23
31.03.23
Expiring-
Within one year
Between one and five years
More than five years
13,750
14.400
31.217
13.750
14.400
27,423
59,367
55,573
Companv
Land and buildings
31.03.24
Other operating leases
31.03.24
31.03.23
31.03.23
Expiring:
Within one year
Between one and five years
More than five years
31.217
27,423
31,217
27,423
Page 29

HOSPICE IN ROSSENDALE
{A COMPANY LIMITED BY GUARANTEE)
CONSOLIDATED DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
31.3.24
31.3.23
INCOMING RESOURCES
Donations and gifts
Legacies received
Fund raising events
Retail sales
Interest receivable
CCG/ICB Grants
Continual Care Services
NHS England ICS Pilot
EMIS Grant
Other income
131,541
5,000
175,691
162,574
16,072
288,619
195,961
99,913
77,277
190,389
155,368
5,423
317,266
180,038
20,000
6,000
7,443
14,392
10,988
Total incoming resources
1,000,838
1,059,117
RESOURCES EXPENDED
Staff costs
Agency staff
Advertising
Travel and motor
Specific event expenses
Trading purchases
Rent, rates and utilities
Insurance
Training
Telephone
Depreciation
Repairs and renewals
Stationery, postage and printing
Miscellaneous
Bank charges
Legal and professional fees
Audit and accountancy
Profit on disposal of assets
925,510
66,159
7.223
12,595
35,000
6,272
72,520
17,062
1,960
7,550
29,669
18,750
7,035
30,283
7,893
5,596
4,719
845,858
66,373
2,515
17.469
35.098
119,6871
66,868
12,856
2,069
5,447
29,410
19,221
13,001
34.736
6,642
8,677
4,471
115,0001
Total resources expended
1,255,796
1.136,024
Net Incomlng / (outgoing) resources before investments
1254,958)
176,9071
Galns / (losses) on investments
52.304
188,2101
Net Incomlng / (outgoing) resources
1202,654}
1165,1171
This
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