REGISTERED COMPANY NUMBER: 02655764 (England and Wales) REGISTERED CHARITY NUMBER." 1008228 REPORT OF THE TRUSTEES AND AUDITED CON50LIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEEI I18ddLe
HOSPICE IN R05SENDALE (A COMPANY LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315r MARCH 2025 PaBe Report Df the Trustees Ito9 Report of the Independent Auditor5 IOto12 Con501idated Statement of Flnancial Activitie5 13 Con501idated Balan¢e Sheet 14 Company Balance Sheet 15 Con501idated Cash Flow Statement 16to17 Notes to the Financial Statements 18to28 Detailed Statement of Flnancial Actlvlties 29
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE} REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Hospice in Ro55endale, known a5 Rossendale Hosplce, Is a Registered Charlty operating within a Company Limlted 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 dlrectors of the company for the pu rpose5 of the Companies Act 2006, present thelr report with the financial statements of the charity for the year ended 31, March 2025. The financial statements comply with tho Charlties Act 2011, the Companie5 Art 2006, the Memorandum and Artlcles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practlce applicable to charltie5 preparing their accounts In accordance with the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve I, January 2019). REFERENCE AND ADMINISTRATIVE DEfAILS Re8lStered Company number 02655764 (England and Wales) Reglstered Charlty number 1008228 Reglstered offlce New Cribden HDuse Rossendale Primary Care Centre 1618acup Road Ros5endale Lanca5hire BB4 7PL Trustees (Board members) Name MrA Holt Mr I Patmore (appointed June 20251 Mrs C K Lees Mr G D Su mmers Iresigned JLJne 20251 Mrs C Durkin (resigned July 20251 Dr L McGrogan Mrs B J Mayer IreslEned June 20241 Mrs A Mayer Mr B E Topham (resigned October 20241 Mrs A H Gallagher Mr G Mangham Mrs M R fierney lappolnted February 20251 Mrs D M Gawthorpe (appointed February 20251 Mrs D Grundy lappointed February 20251 Mrs V C Butcher lappolnted August 20251 Mr5 C A Dobbs lappointed August 20251 Role Co-chairman Co-chairman Treasurer Chairman Vice Chairman Special Interest Corporate Management Financial risk, audit and leadership Finance Corporate Governance Cllnlcal Governance Clinical and Corporate Governance Human Resources Insu rance and Corporate Governance IT/Strategic Plannlng Clinical Governance & Occupational Health Property and Fundraising Fundraising and retail in the charity sector Cllnlcal Governance and Volunteer Support Finance and accountlng Fundraising IT and Data Govèrnance PaEe I
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRusfEES FOR THE YEAR ENDED 31ST MARCH 2025 Key management personnel Mrs I Smith IreslEned May 20251 Donna Cryer MariDn Mccall Emma Wood Ann Bennett Sophie Nash Chief Executive Offlcer l Registered Mana8er Cllnlcal Service5 Manager Family Support Services Lead HR and Non-clinical Lead Assistant Company Secretary Fundraisin8 Manager Advlsers Sage U K Business and People Advlce Auditors Alnsworth5 Limited Chartered Accountants and Statutory Auditors Charter House stansfield Street Nelson Lancashire BB9 9XY Bankers National Westminster Bank Plt 28 Bank Street Rawtenstall Lancashire BB4 8TS 50licitors Woodcocks Haworth & Nuttall West View Princess Street Ha51ingden Lancashire BB4 6NW Page 2
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 srRucfuRE, GOVERNANCE AND MANAGEMENT Governlng document The company was incorporated on 21" October 1991 and registered as a charity on 12 February 1992. The charlty is controlled by its governing document, the Memorandum and Artlcles of A5soclatlon, and constitutes a limited companv, limited by guarantee, as deflned by the Companies Act 2006. In the event of the company belng wound up rnembers are requlred to contribute an amount not exceeding £1. Recrultment and appolntment of new board members Trustees are appointed to reflect the skills required to support the Board and its range of artlvities. Recrultment 15 through advertislng and by individual contact. Ten ure is for three years with an opportunity for re-election 8t the appropriate Annual General Meeting. Induction of the new board members is facilitated by the Chalrman and the Chlef Executive Officer ICEOI. A full orientation is offered on the servlces provided and the role and responsibilitie5 of a trustee. Training Is also available vla Hospice UK. Trustee5 are required to complete a skills matrix and a personal development plan, Rlsk management The trustees have examined the major strategic, business and operat1onal risks which the charity faces and confirm that systems have been established to ensure regular reports are produced and that the necessary Steps can be taken to addre55 any issues arising. After a rigorous a55essment process, the Care Quallty Commission has accredited the Hospice, thus confirming that the required standards of care set down for independent health care organisatlons have been achieved and that 5V5tems are in place both to identify risks to tho organisation and to ensure that clinical services are delivered safely. Annual unannounced inspectlons are conducted by the Care Quality Commission, includlng critical incident monitoring. Within the organisation regular audit5 are undertaken u nder the auspices of the Clinical Governance Committee, a sub- committee of the Board which also covers Information Governance and Safeguarding. Service Provider compliance/quality audits are also submitted annually to the Commissioner of our services, East Lancashire CCG. Organisatlon structure The Board currently consists of twelve trustees and is responslble for l(ey policy decisions and the effective governante of the organisatlon overall. The Board meet5 every eight weeks with additional meetings If requ ired, The Board has the following sub committee5 to support and guide its decision making,. Finance and Standing Committee Clinical Governance Committee Information Governance Commlttee Income Generatlon Committee Remuneration Committeo As part of it5 accreditation process the Care Quallty Commission requires a Responsible Individual and a Registered Manager to be Identified, each with a specific set of responsibilities. At the Hosplce, the Chairman has been approved as Responsible Individual and the CEO is approved as the Registered Manager. FollowinE the retirement of ou r CEO the Clinical Services lead was appointed to the Registered Manager position and following the resignatlon of the Chair the Responsible llldividual role has been given to Mandy Tierney as Trustee, Related parties Trustees are required to declare an interest if they are involved in any activities whlch may compromise their role 45 a Trustee and a monitoring mechanism is in place. There have been no related party transactions durlng the past year. Page 3
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 315T MARCH 2025 OBJECTIVES AND AcfiviTIES The objective5 of the Hospice are set out in full in its Memorandum of Association. It presently meet5 these objectives and constantly asplres to improve the quality and range of the provision. Our vlslon To p051tively influence a future In which everyone within Rossendale who accesses our services, recelves the best possible care and support. Our values Underpinnlng our v15ion we have three values, compassion, Integrity, and excellence. Our staff and volunteer5 uphold these values, irrespective of their role. The Hospice offers support to patients and thelr families from dlagnosis to recovery and, if that is not to be, through End of Life Care. Day Therapy service5 are provlded frorn a purpose designed unit within the main Hospice premlses. A range of servlces and information is available to all patients, including therapies. education and peer support, counsellin& psycholoEl¢al support, Information on clinical matters and welfare rights, and spiritual support are freely available. Our Hospice at Home servlce enables patlents in the last twelve months of life to be cared for wlthin their own home. The service operates 365 days per year, prDviding invaluable care to not only the patient, but a150 family/carerlsl at a particularly difficult period. Personal care, psychological sUPPOrt, respite visits and night sits form part of the care plan, whlch is led and continually re-a55essed by the Senlor Reglstered Nurse, In agreement with the patient and family. During the period of thls report we achieved 97% of preferred place Df death. with 92Yo of patlents Wishing to dle at home and being supported to do this. 5Yo of patients were supported with care at home, until they were safelv transferred to hospice Inpatlent care, through collaborative working, as was their wish. The remaining 2% of patlents were admitted to a hospice or hospital owing Indlvldual circumstances. Pre and P05t Bereavement coun5elling is available to familieslcarerlsl Includlng a specialist service with the skills and experience to support children. The importance of volunteer5 in a varlety of roles Is recogni5ed and our Volunteer Coordinator ensures that thlg Invaluable help Is deployed effectively in support of paid staff to the benefit of patients and their cèrer5. There is a holistic approach to all activities, embracing staff, patients and volunteers. There is a commitment to educatlon for staff and volunteers to best enable them to carry out their carlng responsibilities. Hospice services are avallable to all resldent5 Within Rossendale who might benefit. Requests for access to Hosplce servlces from patients who are resident outslde Rossendale are consldered on an individual basis Working closely wlth Commissioners, Lancashlre and South Cumbrla Integrated Care Board IICBI, we assisted In an initiative durlng the latter part of the year with which focusèd or) early identification of patients who needed care and support at home to reduce Inappropriate or un-necessary admission to hospital. Publlc benefit Given the ranEQ and quality of services provided within Rossendale in the field of palllative care, as outlined above, the Board Is confident that it offer5 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 publlc benefit. Page 4
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 ACHIEVEMENTS AND PERFORMANCE WELLBEING SERVICES DAYTHERAPY Durlng the last financial year, the Wellbeing service saw good patlent usage. Ou r Bereavement Café, although well attended, was put on hold temporarily owinE to staff ing issues, but this prov1ded an excellent time to review this provlslon to ensure that we were meeting the needs of tho attendees whllst ensurlng positlve patient outcomes. Thls Is an ongoing review wlth plans to recommence with a structured provislon, Attendance for the facilitated sessions of Palliative, Early Diagnosi5, Long-Term Conditions and Dementla, remains good, with excellent evaluations recelved f rom attendees. Statlstlcs for the Flnancial Year Total referral5: Number of sesslons provided.. Number of patients expected to attend session5: Nu mber of patlents attended sessions.. 2024125 iio 223 1,920 1,528 COMPLEMENTARY THERAPIES Although st8fflnE reductions led to a decrease In availability within the Complementary Therapy servlce, referral rate5 remalned consistent. Feedback from patients and clients continued to be excellent, often highlighting the exceptional skills of the practitioner and the quallty of thls invaluable service. statistics for the Flnanclal Year Total Referrals received.. Total nu mber of patients accessed servlce: Total nu mber of therapy 5e55ions provided.. 2024125 75 66 248 HOSPICE AT HOME Referrals for ou r community provision remained unchanged from the previous year, with a slight increase in the number of hours of care provided. Stat15tics for the Financial Year Total Accepted Referrals- Number of hours Df care provided: Number of night slt hours completed: Tot31 deaths by place: Total hours of RGN Oncall cover.. 2024125 72 10,977 3,980 Home- 55 Inpatient- 5 6,119 FAMILY SUPPORT SERVICES 70% of Service users completed therapy in 6 or less sessions, 20Yo had 7+ sessions, IQY, had 13+ sessions. 50% of clients were offered an initial sesslon withln 2 weeks of referral, wlth another 20% offered a f irst session wlthin 4 weeks of referral. Client satisfaction surveys lanonymlsedl rated the service as 'excellent'192Y¢l or 'good'18Y.I. statistics for the Flnanclal Year Total referrals.. Number of therapy sessions completed,. 2024125 360 1,142 Page 5
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (CONTINUED) Plans for future period5 This has been another challenging year for the Hosplce as can be seen from the relevant accounts. Inflation and uncertainties around funding in general have been the main causes of concern. However in managing our actlvitles closely we have been able to mlnim1se the operatlng deficit through the financial year and consider how we can better finance our activlties. With a nu mber of new Trustees on board and a change of CEO tal<ing place in December 2025 we will be bringing new skills to the team which will enable the Hospice to review our strategy golng forward to see how we can maxlmlse our revenue to support contlnuous Improvements in the services we offer. Our intention is to contlnue to provlde timely and relevant services to our local community, This will be increasingly relevant as the government moves forward with its end of life bill and in how the hospice movement support5 this. Trustees will plan a full strategic review during the year to determine the path forward. FINANCIAL REVIEW The attached statement of financial activitie5 5how5 how our fund5 were raised and applled durlng the year. The statement separates funds, which the charity itself controls, "unrestricted funds from funds, whlch have to be spent in a manner, determined by the donor, which are "restricted fund5" Designated funds, whilst unrestricted, relate to funds allocated by the organisation for specific projects and/or developments. Overall income increased by £164,699 compared to the previous year, totalllng £1,165,537. Within this, income was higher year on year in rn05t categories as summarised below- Income from donation5 and legacies increased by £47,436 to reach £183,977. The difference was mainly due to Legacies, with £70,633 received durl ng the year compared to £5,000 in the previous year (noting legacies received In the prior year were unusually lowl,. Income from Charitable Activities (which relates to external funding recelvedl Increased by £148,363 year on year. Thls was mainly due to an Increase of £46,542 in Continuing Care Funding as well as fu nding for several one off projects or pllots, which are not expected to be recurring in nature. One of these related to funding provided to the Hosplce to spend on capltal Items and this was mainly used to invest in up8rading IT a5 well a5 furnishings for therapies and wellbein& plus some office equipment- specialist chairs etc. We also obtained funding for the ICAT team and the advanced care planning initiative- these schemes avoid h05Pltal admissions by engaging hospices to support patients at home. Income from fundraising events was slightly lower than the previous year1-£2.1531, with the fundraising envlronment remaining difficult as wlder econom1¢ issues continued to impart our Supporters, leve15 of discretionary income. Neverthele55 the fundraising team worked tirelessly organising some fabulous events Includlng the Sunflower Memories Appeal, the Gin Trek, the Ladies Christmas lunch and the Pride of R055endale Awards. The Annual Ball was also re-launched at Burnley Football Clu b and was a great success. Income 8enerated by our Charity shops1n Haslin8den and Rawtenstall reduced year on year1-£23,5221 with condltlons remaining challenging on the High Street. Developing income generation from fundralsing activities and ou r retail shops contlnues to be a key area of focus, We have recently been able to recrult some new Tru5tee5 Wlth specific experience in these areas, which we hope will be extremely beneficial going forward. Page 6
HOSPICE IN ROSSENDALE {A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 FINANCIAL REVIEW ICONTINUED) The value of investments increased by £4,777 compared to the previous year, with £16,547 of interest also received from cash deposit5, Thi5 wa5 helpfu l in mitigating the size of the overall deflclt for the year for the hospice of £43,326. The overall deficit, net of a positive contribution of £23,424 from Rossendale Hospice Trading Ltd loperator for our two charity shop51, was £19,902, which was a significant improvement on the prevlous year12024: deflclt of £202,654). This was an extremely positive result overall for the hospice, a5515ted by new sou rces of external fundin8 lalbeit not all will be re¢urringl as well as a welcomed uplift in income from Legacies, all whllst malntainlng strong cost control. The Board recognises the continued contribution of businesses and the general public, predominantly in Rossendale, without whlch the charlty could not continue. On behalf of patients, their families and carers we again expre55 our gratitude. The members 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. Thls statement of financial a¢tivltie5 is a statement deslgned to show all sources coming into the charity and how these have been utilised. Prlnclpalfunding sources Our principal funding resources du ring this period were East Lancashire CCG/ICB, N HS England and the public In the format of charitable giving. Investment policy The trustees regularly monitor the avallable cash reserves of the charity and seek to maxlmlse the interest earned on such fund5. In view of the low interest rate environment several veérs ago, the Trustees opted to place £650,000 of cash reserves in a 'Low Risk, investment with an aim to maxlmlslng yield overtime, in a vehicle which can be quickly converted back to cash in case of need, The performance of the investment 15 monitored regu larly and inevitably fluctuate5 due to stock market movements. As at 31 March 2025 the val ue had increased to £709,450, a year on year I ncrease of £4,777. Reserves policy It is the policy of the tharlty to maintain unrestricted funds, which are free reserves of the charlty at a level, which equates to approximately nine months, unrestrlcted expenditure, This provides sufficient fu nds to cover management, administration and support COSts to enable Dngoing development of the charity. Unrestrictèd funds increased by £36,293 durlng the year. Page 7
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also direttors of Hospice in Rossendale for the purposes of company lawl are responsible for preparin& the Report of the Trustees and the financial statements in accordance with appllcable law and regulatlons. Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with the Unlted Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl, including FRS 102 the Financial Reportlng Standard applicable in the UK and Repu blic of Ireland. Under company law the trustees must not approve the f inanclal statements unless they are satisfied that they give a true and fair view of the state of affalrs of the charltable company and of the surplus cr deficit of the charltable company for that perlod. In preparing those flnancial statement5, the trustees are requlred to: select sultable accounting palicies and then apply them con515tently; observe the methods and prlnclples in the Charltles 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 15 inappropriate to presume that the charitable company will continue in business. The trustees are responslble for keeping proper accounting records that are sufficient to show and explain the charitable ompan¢s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financlal statements comply with the Companies Act 2006. They are also re5pon5ible for safeEuarding the assets of the charitable company and hence for taking reasonable steps for the provention and detection of fraud and other irregularities. The trustees are responsible for the Maintenance and integrlty of the corporate and flnancial information included on the charitable company's website. Legislation In tho United Kingdom governing the preparation and dlssemination of financial statements may differ from legislation in other jurisdictlons. 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 Act 20061 of which the charitable company'5 auditors are unaware, and each trustee has tal<en 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 awére of that information. SMALL COMPANY PROVISIONS Thi5 report ha5 been prepared in accordance with the special provisions for small companie5 under Part 15 of the Companies Act 2006. AUDITORS The audltors, Alnsworths Limited, wlll be proposed for re-appointment at the forthcoming Annual General Meeting. ON BEHALF OF THE BOARD: MrATHol ee Trustee th Date: 13 Novembèr 2025 Page 8
HOSPICE IN ROSSENDALE {A COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRusfEES FOR THE YEAR ENDED 31ST MARCH 2025 CLINICAL GOVERNANCE Cllnlcal Governance Report. AGM 2025 ObJe¢tive To ensure continuou5 improvement in the quallty of services and uphold the high standard5 Of care at the Hospice, wlth a focus on patlent safetyi Staff development, and compliance wlth national guidellnes. Overview Clinical Governance rneetings are held regularly to provide a Structured framework for improving Servi quallty and safeguarding patient care. These meetlngs facilitate discussions on service development5, new care provisions, and policy updates. By maintaining a patient-centred approach, these meetlngs ensure that services remain both effective and efficient. Key Activities Policy Review and Ratlflcatlon All newly developed or reviewed policies are discussed and ratified in our Clinical Governance meetlngs. Thi5 rigorous process ensures that the policies allgn wlth current best practices and are tailored to the specific needs of the Hospice, ¢ontrlbuting to the creation of a robust governance System. Safety and Incident Management Safety is a primary focus of the group. All incident5, along wlth feedback from investigations, are thoroughly reviewed. Thls proces5 helps to Identify areas for Improvement and provides a platform to share key learnings across the organization. The goal is to strengthen the Hospicds commitment to delivering safe, effective, and efficlent care, Audlts and Monitorlng Several audits are conducted throughout the year, covering varlous areas of clinical practice, The results are monitored durlng Cllnical Governance meetings, ensuring that necessary actions are taken to address any concerns and maintain high practice standards across all Services. These audits also support continuous improvements in Service dellvery and patlent care. Staff Training and Development The group regularly discusses staff training and development needs, ensuring that all staff members have 3cce55 to relevant training and resource5, In addition, updates on national guidelines and feedback from external meetlngs are Shared, allowing staff to stay informed of the latest healthcare standards and developments. Reporting and Feedback Regular updates and feedback from the Clinical Governance group are reported to the Hogpice Board, ensuring accou ntability and transparency in governance processes. Acknowledgments I would l ike to express my sincere gratitude to all the staff who have contributed to the Clinical Governance agenda throughout the year. Their dedication and professionalism have ensured that we continue to uphold the highest standard5 of Care, even in the face of unprecedented challenges. ON BEHALF OF THE CLINICAL GOVERNANCE COMMIThEE Mrs A Gallagh Trus halr of the Clinical Governance Committee and Clinical Advi50r to the Board Page 9
REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEEI Opinion We have audited the financial statements of Hospice in Rossendale (the 'charity'l for the year ended 31, March 2025 which comprlse the Statement of Financial Activities, Balance Sheet, Cash Flow and Notes to the Financial Statements, including a summary of significant accou ntlng policles. The financlal reportlng 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 appllcable In the UK and Republlc of Ireland, Iunlted Klngdom Generally Accepted Accounting Practice). I n our opinion the f inancial 5tatements', give a true and fair view of the state of the charltable group's and of the parent company's affairs as at 31$t March 2025 and of its Incoming resources and appllcatlon of resource5, including its income and expenditure, for the year then ended,. have been properly prepared In accordance wlth Unlted Klngdorn Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinion We conducted our audlt In accordance with Internatlonal Standard5 on Auditing IUKI11SA5 IUKII and applicable saw, Our responsibilities under those standards are further described in the Audltors, responsibilities for the audit of the financlal statement5 sectlon 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 thè UK, including tho FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitie5 in accordance with these requirement5, We believe that the audit evidence we have obtained is sufficient and appropriate to provldo a basis for our oplnion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relatlon to which the ISAS IUKI requlre us to report to you where- the tru5tee5' Use of the Eoing concern basis of accounting In the preparation of the flnanclal statements Is not appropriate,. or the trustee5 have not disclosed In the flnancial statements any Identifled materlal uncertalntles that may cast significant dovbt about the charity's ability to continue to adopt the going concern ba515 of accounting for a period of at least twelve months from the date when the flnanclal statements are authorlsed 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 flnanclal Statements and our Report of the Auditors thereon. Our oplnion on the flnancial 5tatement5 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, i n doing so, consider whether the other Informatlon Is materlally inconsistent wlth the financlal statement5 or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the worl< we have performed, we conclude that there Is a materlal misstatement of thi5 other informatlon, we are required to report that fact, We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audlt.. the inforrnatian given in the Report of the Trustees for the financial year for which the f inancial Statements are prepared is consistent with the financlal statements; and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Page 10
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE Matters on which we are required to report by exception In the Ilght of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatement5 in the Report of the Trustee5, We have nothing to report In respect of the following matters where the Companies Act 20C6 requires US to report to you if, in our oplnlon: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,, or the financlal statements are not In agreement with the accounting records and returns. or certain disclosures of trustees, remuneration speclfied by law are not made; or we have not received all the information and explanatlons we requlre for our audlt,. or tho trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small ¢ompanies' exemptlon from the requlrement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilitles of trustees As explained rnore fully in the Statement of Tru5tees' Responsiblllties set out On page eight, the trustees Iwho are 31sD the dlrectors of the charltable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they 8ive a true and fair view, and for such internal control as the trustees determlne necessary to enable the preparation of financial statements that are free from material mlsstaternent, whether due to fraud or error, In preparing the flnanclal statements, the trustees are responsible for asse55in8 the charity's ability to continue as a going concern, disclosing, as applicable, matter5 related to going concern and using the going concern basis of accou ntlng unless the trustees elther Intend to liquidate the charity or to cease operations, or have no reallstic alternative but to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are f ree from material misstatement, whether due to fraud or error, and to i55ue a Report of the Auditor5 that include5 ou r opinion. Reasonable assurance Is a hlgh level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material mi55tatement when it exists, Mi55tatement5 can arise frorn 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 mi5Statement in respect of irregularities, we considered the followlng: the nature of the industry and Sector, control environment and business performance,. results of our enquirles of management about their own identification and assessment of the rlsks of irregularities,. any matters we identified having made enqulrles of management about thelr pollcies and procedures relating to,. identifyingi evaluating and complyln8 wlth laws and regulatlons 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 establlshed to mltigate risks of fraud or non-compliance with laws and regulations; the matters discussed among the audit engagement tea m regarding how and where fraud might occur in the financial statements and any potentlal Indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exlst withln the organisatlon for fraud. In common with all audits under ISAS IUKI, we are also required to perform specific procedures to respond to the rlsk of management override. Page 11
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEEI We also obtained an understanding of the logal and regulatory frameworks that the company operates In, focuslng on provisions Df those laws and regulation5 that had a dlrert effect on the determlnatlon of material amounts and disc105ures in the flnanclal statements. The key laws and regulations we considered in this context included the UK Companies Act and local tax legislation. In addltion, we considered provisions of other law5 and regulatlons that do not have a dlrect effect on the financial statement5, but compllance with which rnay be fundamental to the company'5 ability tc operate, Audit re5 onse to rlsks Identlfied As a result of performing the above our procedures to respond to the rlsks Identified included the following., reviewing the financlal statements disclosure and testing to supporting documentation to assess compliance with provisions of relevant laws and regulatlon5 described as having a dlrect effect on the financial statements,, enqulring of management about actual and potential litiEation and claims,. perfDrming analytical procedures to identlfy any unusual or unexpected relationships that may indicate risk of materlal misstatement due to fraud,. in addressing the risk of fraud through management override of controls, testlng the appropriateness of journal entrles and other adjustments,. assessing whether the judgements made in making accountlng estlmate5 are indicative Df a potential bias,. and evaluating the business rationale of any slgnificant transactions that are unusual or outslde the normal course of business, We also communlcated relevant identifled laws and regulation5 and potential fraud risks to all engagement team members and remained alert to any Indications of fraud or noncompliance with laws and regulations throughout the audit. A further descrlptlon of our respDnsibilities for the audit of the financiil statements Is located on the Flnancial Reporting Council's website at www.frc.org.uklauditorsresponslbllltles. This description form5 part of our Report of the Auditors. Use of our report Thi5 report is made solely to the charity's members. as a body, In accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charltable company's trustees those matters we are requ ired to state to them in a Report of the Audltors and for no other purpose. To the fullest extent permltted by law. wo do not accept or assume responsibllity to anyone other than the charitable company and the charitable company's trustees as a body, for ou r audit work, for this report, or for the opinion5 we have formed. Mark Sunter (Senior Statutory Auditor) for and on behalf of Ainsworths Limited Chartered Accountants and Statutory Auditors Charter House Stansfie5d Street Nelson Lancashire BB9 9XY Date: 13 November 2025 Page 12
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 2025 31.3.25 Total funds 31,3.24 Total Funds Unrestricted funds Re5trlcted funds Note5 Income from: Donations and legacles 183,977 183,977 136,541 Charitable activities., Grants Other 647,335 5,118 647,335 5,118 498,972 10,988 Other tradlng artivities 312,560 312,560 338,265 Investments 16,547 16,547 16,072 TOTAL 1,165,537 1,165,537 1,000,838 Expenditure on: Raising fund5 Trading and marketing Fundraisin 69,375 90,538 69,375 90,538 73,012 84,143 Charitable activitie5 1,030,108 195 1,030,303 1,098,641 TOTAL 1,190,021 195 1,190,216 1,255,796 Net incoming resources before Investment galnslllossesl 124,484) (195) (24,6791 1254,9581 Net gains/llossesl on investments 4,777 4,777 52,304 NET MOVEMENT IN FUNDS 119,7071 11951 (19,9021 1202,6541 RECONCILIATION OF FUNDS: Total fund5 brought forward 1,574,684 195 1,574,879 1,777,533 TOTAL FUNDS CARRIED FORWARD 1,554,977 1,554,977 1,574,879 There are no other recogni5ed gains or losses for the year other than in the Statement of Financlal Activities. The notes form part of these financial Statements Page 13
HOSPICE IN ROSSENDALE IREGISTERED NUMBER 026557641 IA COMPANY LIMITED BY GUARANTEE) CONSOLIDATED BALANCE SHEET AT 31ST MARCH 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets li 57,415 59,050 57815 59,050 CIJRRENT AET5 Current asset investments Debtors Cash at bank 13 14 709,450 66,108 772,772 704,673 69,316 820,305 1,548,330 1,594,294 CREDITORS Amount5 falllng due wlthln one year 15 150,7681 178,4651 NET CURRENT ASSETS 1,497,562 1,515,829 TOTAL ASSETS LESS CURRENT LIABILrriES 1.554,977 1,574,879 NET ASSETS 1,554,977 1,574,879 FUNDS Restricted funds Designated funds Unrestricted fu nds 16 195 168,000 1,406,684 112,000 IA42,977 TOTAL FUNDS 1,554,977 1,574,879 These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charltable companies and with the Financlal Reporting Standard 102 (effective 1° January 20191. Th ents were approved by the Board of Trustees o Ih 3 November 2025 and were signed on its behalf MrATHolt- Trustee The notes form part of these flnancial statements Page 14
HOSPICE IN ROSSENDALE IREGISTERED NUMBER 026557641 (A COMPANY LIMITED BY GUARANTEE) COMPANY BALANCE SHEET AT 31ST MARCH 2025 31.3.25 31,3.24 Notes FIXED ASSETS Tangible assets Investment5 li 12 54.529 55,937 54,530 55,938 CURRENT ASSErs Current a55et inve5tmentS Debtors Cash at bank 13 14 709.450 86.092 748,574 704,673 100,940 784,109 1,544,116 1,589,722 CREDITORS Amou nts falling due withln one year 15 143,669) 170,7811 NET CURRENT ASSETS 1,500,447 1,518,941 TOTAL ASSETS LESS CURRENT LIABIUTIES 1,554,977 1,574,879 NEf ASSETS 1,554,977 1,574,879 FUNDS Restricted funds Designated funds Unrestricted fund5 16 195 168,000 1,406,684 112,000 1,442,977 TOTAL FUNDS 1,554,977 1,574,879 These financial staternents have been prepared In accordance wlth the special provislons of Part 16 of the Companies Act 2006 relèting to srnall charitable companies and with the Financial ReportlnE Standard 102 leffective I, January 20191. ncia ts were approved bythe Board of Trustees o 13" ovember 2025 and were signed on its beh21f MrA olt Tiustee i ff The notes form part of these financial statements Page 15
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE} CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 31.3.25 31.3.24 Notes CASH FLOWS FROM CHARITABLE AcfiviTIES Cash generated f rom activities (36,8521 1183.8751 Net cash from charltable 8Ctlvities 136,852} 1183,8751 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of tangible fixed assets Proceeds from sale of tan8ible fixed a55et5 Interest received (22,4511 11,1941 16,547 16,072 Net ¢a5h from investing activities 15,904) 14,878 Increasel{decreasel In cash and cash equlvalents 142,756) 1168,9971 Cash and cash equlvalents at start of year 1,524,978 1,693,975 Cash and cash equlvalents at end of year 1,482,222 1,524,978 The note5 forrn part of these financial statement Page 16
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE) CONSOLIDATED CASH FLOW STATEMENT NOTES FOR THE YEAR ENDED 31sr MARCH 2025 RECONCILIATION OF DEFICITTO CASH GENERATED FROM AcfiviTIES 31.03.25 31.03,24 Defi¢it/surplus for the year Depreciation charge5 Profit on disposal of flxed assets Finance income 119,902) 24,086 1202,6541 29,669 116,5471 116,0721 {12,3631 1189,0571 Decreasellincrease) in trade and other debtors Increase/ldecrea5el in trade and other creditor5 3,208 {27,6971 7,150 11,9681 Cash generated from charitable activities 136,8521 1183,8751 CASH AND CASH EQUIVALENTS The amounts disclosed on the Cash Flow Statement in respect of cash and cash equ ivalents are In respect of these Balance Sheet amounts,. Year ended 31. March 2025 31.03.25 1.04.24 Cash and cash equivalent5 1,482,222 1,524,978 Year ended 31 March 2024 31.03.24 1.04.23 Cash and cash equ ivalents 1,524,978 1,693,975 The notes form part of these financial statements Page 17
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE) NOTE5 TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Company information Hospice in Rossendale is a charltable company limited by guarantee, incorporated in England and Wales. The company number and registered office can be found in the Tru5tee5 report, Accountlng conventlon The financial statements have been prepared under the historical cost convention, and in accordance with the Accounting and Reporting by Charities: Staternent of Recommended Practice applicable to charities preparing their accounts in accordance wlth the Flnancial Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021- ICharltie5 SORP IFRS10211, the Flnanclal Reporting Standard appllcable In the UK and Repu bllc of Ireland IFRS 1021, the Companies Act 2006 and the Charities Act 2011. Basis of consolidation The consolldated accounts of the group incorporate the accounts of the Company and its subsldlary, Rossendale Hospice Trading Limited. The results of trading activities of the subsidiary have been summarised in the Consolldated Statement of Financial Activitie.5. Incomln8 resources All incominE resources are included on the Statement of Financial Activities when the charity 15 legally entitled to the Income and the amount can be quantified with reasonable accuracy. Grants recelvable 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 resou rces are included in the year in whlch they are receivable. Income from the sales of donated Eoods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer. Investment income is recogni5ed on a receivable basis. Resour5 expended Expendituro is accounted for on an accruals basls and has been classlfled u nder headlngs that aggregate 311 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actlvltles on a basis congistent wlth the use of resources. Tangible fixed assets Depreciation 15 provided at the following annual rate5 in order to write off each a55et over it5 estimated useful Leasehold Improvements Equ ipment and furniture Motor vehicles -20/ - 25% on cost -20Yo- 25Yo on cost -25Yo on cost Taxatlon The chérity is exempt frorn corporation tax on its charitable activities. Page 18
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES ICONTINUEDI Fund accountlng Unrestrlcted f unds can be used In accordance with the charltable oblectlves at the dlscretlon of the trustees. Designated funds comprise unrestricted funds whlch have been set aside at the discret1on of the trustees for specific purposes. The intended use of any designated funds is set OL¢t in the notes ta the f inancial statements. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when 5pecifled by the donor or when fund5 are raised for particular restricted purp05e5, Further explanation of the nature and purpose of each fu nd is included in the note5 to the financial statements. Penslon costs and other post-retlrement beneflts The charitable company Dperates a defined contribution pension scheme. Contribution5 payable to the charltable company's penslon scheme are charged to the Statement of Financial Activitie5 in the period to which they relate. Operating lease agreements Rentals appllcable to operatlng leases where substantially all of the beneflts 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 flnantlal statements at their falr value. Any change In falr value is recognised directly in the statement of financial activities, Investments are classified as current asset investments where the funds are readlly convertible and If the Investments do not meet the readily convertible criteria they are classified as a fixed asset investment. Page 19
HOSPICE IN ROSSENDALE {A COMPANY LIMITED BY GUARANTEE) NOTE5 TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 DONATIONS AND LEGACIES 31.03.25 Group 31.03.24 Group Company Company Donations and gifts Legacie5 received 113,344 70,633 113,344 70,633 131,541 5,000 131,541 5,000 183,977 183,977 136,541 136,541 In 2024, the donation and legacies income included, £500 of restricted and £136,041 of unrestricted funds, CHARITABLE AcrivrriES 31.03.25 Company 31.03.24 Group Group Company NHS.. East Lancashlre CCG/IcB Continual Care fu ndln8 UEC End of Life funding EMIS Grant Advance Care Planning fund DHSC Grant 290,215 242,503 45,996 8,392 35,000 25,229 290,215 242,503 45,996 8,392 35,000 25,229 288,619 195,961 288,619 195,961 14,392 14,392 647,335 647,335 498,972 498,972 In 2024, the charitable activity income included, £Nil of restricted and £498,972 of unrestricted funds. Page 20
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 OTHER TRADING AcfiviTIES 31.03.25 Group 31.03.24 Group Company Company Fund raising event5 Retails sale5 173,538 139,022 173,538 1,612 175,691 162,574 175,691 2,031 312,560 175,150 338,265 177,722 In 2024, the other tradlng Income Included, £NII of restricted and £338,265 of unrestrictod funds. INVESTMENTS 31.03.25 Group 31.03,24 Group Company Companv Investment receivable 16,547 16,547 16,072 16,072 16,547 16,547 16,072 16,072 I n 2024, the Investment income included, £Nil of restrlcted and £16,072 of unrestrlcted fu nds. TOTAL RESOURCES EXPENDED Raisin8 Funds Charitable Activities Total 2025 Total 2024 Costs directly ollocated to activitFes.' Staff costs Agency staff Advertising Travel and motor Event expenses Trading purchases Rent, rates and utilities Insurance Training Telephone Depreciatlon- unrestritted Repairs and rènèwalg Stationery, posta8e and printlng Hospice consumables Support COSt5 (Note 71 69,375 681,988 59,107 9,532 12,099 751,363 59,107 9,532 12,524 45,528 2,850 71,555 17,372 855 8,629 24,085 17,095 7,681 41,748 120,292 771,222 66,159 7,223 12,595 35,000 6,272 72,520 17,062 1,960 7,550 29,669 18,750 7,035 30,283 172,496 425 45,528 2,850 33,552 16,141 855 8,065 23,038 14,917 6.119 41,748 120,292 38,003 1,231 1,047 2,178 1,562 159,913 1,030,303 1,190,216 1,255,796 In 2024, the total expenses included, £3Q5 of restricted and £1,255,491 of unrestricted f unds. Page 21
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 SUPPORT COSTS Governance Support Costs Total 2025 Total 2024 Support costs ullocated to actlvltles., Staff ¢ost5 Bank charges Legal and professional fees Audit and accountancy fees 100,259 3,515 100,259 5,960 9,365 4,708 154,288 7,893 5,596 4,719 2,445 9,365 4,708 16,518 103,774 120,292 172,496 NEf OLrrGOING RE50URCES- GROUP Net resource5 are stated after charging/lcreditingl', 31.3.25 31.3.24 Depreciation owned as5etS Auditor's remuneratlon for audlt servlces Operating lease payments- land and building 24,085 4,708 61,702 29,669 4,719 60,207 NET OUTGOING RESOURCES- COMPANY Net resources are stated after charging/lcreditingl'. 31.3.25 31.3.24 Depreciation - owned assets Auditor's remuneration for audit services Operating lease payments- land and buildings 23,038 3,850 33,552 28,734 3,744 32,057 STAFF COSTS 31.03.25 Group 31.03.24 Group Company Company Wages and salaries Social secu rity C05t5 Other pension costs 770,963 48,622 32,037 705,826 46,128 30,294 836,297 55,130 34,083 767,645 52,302 32,551 851,622 782,248 925,510 852,497 Page 22
HOSPICE IN R05SENDALE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 STAFF COSTS- CONTINUED The average monthly number of employees during the year was as follows: 31.03.25 Group 31.03.24 Group Company Company Day therapv Hospice at home Family support services Administration Fund raising Hospice shops 29 29 38 38 49 43 60 53 No employees were paid over £60,000 for the year ended 31° March 2025 nor for the year ended 31" March 2024, The Key Management Personnel were pald a total of £119,53512024: £138,284) du ring the year, Tru5tees' Remuneratlon No tru5tee5 received remuneration for their roles as trustees for the year ended 31, March 2025 nor for the year ended 31, March 2024. Trustees, Expenses There were no tru5tees' expenses paid for the year ended 31" March 2025 nor for the year ended 31, March 2024. io. FINANCIAL PERFORMANCE OF THE CHARITY The consolidated statements of flnancial actlvlt1es Include the results of the charity's wholly owned 5ub5idiary, The financial performance of the charity alone is: 31.3.25 31.3.24 Income.. Donation5 and legacies Charitable activitles Other trading actlvities Investments Contribution from subsidiary 183,977 647,335 175,150 16,547 23,424 136,541 498,972 177,722 16,072 42,200 Expen5e5.' Raising funds Charitable activities Investment galns / Ilossesl 145,5281 (1,025,584] 4,777 135,0001 11,091,465) 52,304 119,902) 1202,6541 Page 23
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ii. TANGIBLE FIXED ASSEfs- GROUP Leasehold Improvements Equlpment & f urniture Motor vehicles Totals COST At 1st April 2024 Additions Disposals 30A57 181,219 22,451 59,866 271.542 22,451 At 31st March 2025 30,457 203,670 59,866 293,993 DEPRECIATION At 1st Aprll 2024 Charge for year Ellmlnatlon on disposal 30A57 143,836 14,919 38,199 9,167 212,492 24,086 At 31st March 2025 30,457 158,755 47,366 236,578 NEf BOOK VALUE At 31st March 2025 44,915 12,500 57,41S At 31st March 2024 37,383 21,667 59,050 TANGIBLE FIXED ASSETS- COMPANY Leasehold Improvements Equlpment & furniture Motor vehicles Totals COST At 1st April 2024 Addltlons Disposals 11,640 167,079 21,631 59,866 238,585 21,631 At 31st March 2025 11,640 188,710 59,866 260,216 DEPRECIATION At 1st Aprll 2024 Charge for year Eliminated on disposal 11,640 132,809 13,872 38,199 9,167 182,648 23,039 At 31st March 2025 11,640 146,681 47,366 205,687 NET BOOK VALUE At 31st March 2025 42,029 12,500 54,529 At 315t March 2024 34,270 21,667 55,937 Page 24
HOSPICE IN RQSSENDALE (A COMPANY LIMITED BY GUARANTEE) NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 12. FIXED ASSET INVESTMENTS Investments comprise the cost of the investment in the 5ub5idiary undertaking. Details of the 5ub5idiary undertaking are 85 follows: Name of com an Pro ortion of nominal Value of Issued shares held Princi 31 Activit Rossendale Hosplce Tradlng Llmlted 100% Ordlnary shares Charity Shops 13. CURRENT ASSEf INVESTMENTS 31.3.25 31.3.24 Market value at beginnlng of year Additions durin8 the year Dlsposals durlng the year Net galn/ Ilossl durlng the year 704,673 652,369 4,777 52,304 Market value at end ofyear 709,450 704,673 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.25 Group 31.03.24 Group Company Cornpany Trade debtors Amounts owed bv subsidiary undertaking Prepayments and accrued income Other debtors 36,532 36,532 16,176 16,176 29,524 42,200 16.407 13,169 7,409 12,627 45,336 7,8C14 35,481 7,083 66,108 86,092 69,316 100,940 15. CREDITORS,, AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.25 Group 31.03.24 Group Company Company Trade creditors Accruals Other creditors 15,931 22,902 11,935 10,527 21,207 11,935 11,869 21,551 45,045 7,227 18,509 45,045 50,768 43,669 78,465 70,781 Page 25
HOSPICE IN ROSSENDALE {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS- GROUP Unrestrltt(ed funds De51gnated funds Restrlcted funds Total Funds Fixed assets Net current assets 57,415 1,385,562 57A15 1,497,562 112,000 1,442,977 112,000 1,554,977 ANALYSIS OF NET ASSETS BETWEEN FUNDS- COMPANY Unrestricted funds Designated funds Restricted Funds Total Funds Fixed assets Net current assets 54,530 1,388,447 54,530 1,500,447 112,000 1,442,977 112,000 1,554,977 17. MOVEMENT IN FUNDS- GROUP AND COMPANY At 1.4.24 Net movement in funds At 31.3.25 Restrlcted funds Fixed assets Other donations 195 11951 195 11951 Unrestrlcted funds De5ignatedfund5.' Hosplce at Home legacv General funds 168,000 1,406,684 156,0001 36,293 112,000 1,442,977 1,574,684 {19,707 1,554,977 TOTAL FUNDS 1,574,879 119,9021 1,554,977 Page 26
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 17. MOVEMENT IN FUNDS- GROUP AND COMPANY ICONTINUEDI Net movement in funds, Included in the above are as follow5.. Incomlng resources Resources Movement In expended funds Restrlcted funds Fixed a55et5 Other donations 1195) 11951 11951 1195) Unrestrlcted funds Designt7tedfunds,' Hospice at Home legacy General funds 156,000) 11,129.244) (56,0001 36,293 1,165,537 1,165,537 11,185,244) 119,7071 TOTAL FUNDS 1,165,537 (1,185,439) (19,902 Designated funds Hosplce at Home Legacy A 5ub5tantial Legacy wa5 received in an earller flnancial year. Although the Legacy was not restrlcted 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 thi5 Legacy to monitor its use over the coming years. Restricted funds Fixed assets This fund relates to donations received for specific tangible fixed assets acquisitions. Pago 27
HOSPICE IN ROSSENDALE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 18. GIFfs IN I(IND Glfts in Kind during 2024-25 equate to £6,538. Big Tank Productions continue to support the Hospice with filming and creating videography, saving the Hospice approximately £2,50Q per year. Rossendale Self Storage also continues to support the Hosplte wlth access to two storage units for 12 months valued at £3,000. The Ladie5 Lunch and H05pice raffles prlzes were hi8her end including holiday stays and meals at restaurants, equating to £1,038. 19. MEMBERS The company is 8 company limited by guarantee but not having a share capital. The liability of every member is limlted to an amount not exceeding £1. I n the oplnlon of the trustees the company is ultimately controlled by all the mernbers 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 bulldlngs 31.03.25 Other operatlng leases 31.03.25 31,03.24 31.03.24 Expiring,. Within one year Between one and five year5 More than five years 53,158 107,232 135,460 58,158 121,632 160,468 295,850 335,258 Company Land and bulldings 31.03.25 Other operatlng leases 31.03.25 31.03,24 31.03.24 Expiring.. Wlthin one year Between one and five years More than five years 25,008 100,032 135,460 25,008 100,032 160,468 260,500 285,508 Page 28
HOSPICE IN ROSSENDALE IA COMPANY LIMITED BY GUARANTEE) CONSOLIDATED DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 315T MARCH 2025 31.3.25 31.3.24 INCOMING RESOURCES Donations and gifts Legacies recelved Fund raising events Retail sales Interest receivable CCGIICB Grants Continual Care Services UEC End of Llfe fundlng EMIS Grant Advance Care Planning fundlng DHSC Grant Other income 113.344 70,633 173,538 139,022 16,547 290,215 242,503 45,996 8,392 35,000 25,229 5,118 131,541 5,000 175,691 162,574 16,072 288,619 195,961 14,392 10,988 Total incoming re50ur¢es 1,165,537 1,000,838 RESOURCES EXPENDED Staff costs Agency staff Advertising Travel and motor Specifit event expenses Trading purchases Rent, rates and utilities Insurance 851,622 59,107 9,532 12,524 45.S28 2,850 71,555 17,372 925,510 66,159 7,223 12,595 35,000 6,272 72,520 17,062 L 11 Training Telephone Depreciation Repairs and renewals Statlonery, postage and printing Hospice consumables B3nk charges Legal and profe55i0nal fees Audit and accountancy 855 8,629 24,085 17,095 7,681 41,748 5,960 9,365 4,708 1,960 7,550 29,669 18,750 7,035 30,283 7,893 5,596 4,719 Total resources expended 1,190,216 1,255,796 Net incoming / loutgolng) resources before Investments 124,679) 1254,9581 Gains1 Ilosse51 on investments 4,777 52,304 Net incoming / loutgoing) resources (19,902) 1202,6541 Thi5 page does not form part of the statutory f inancial statements Page 29