Company Number: 02710865 Charlty Number: 1011117 St Andrew's Hosplce Llmlted (A Company Llmited by Guarantee) Trustees, Report and Flnanclal Statemants For the year ended 31 March 2021 St Andrew's Hospice Llmlted (A Company Llmfted by Guarantee) CONTENTS Charity Infomiatkin................ . . Statemenifrom Chair ofTrustee8......................................................................................................... Retxytofthe Trustees........................................................................................................................... Independent Auditors, Report..............................................................................................................15 Ccqwlidaled Statemenl of Finarwl Athrlies....................................................................................18 Balance Sheets................... .19 Consolhlat&J Cash Flow Statement................................................................................................... Notes to the Financial SLqtements...................................................................................................... 21 St Andrew's Hospice Limited (A Company Llmited by Guarantee) CHARifi INFORMATION For thg ygar ondod 31 March 2021 Company number 02710865 Char5ty number 1011117 Reglstered Offlco St Andrews Hospice Peaks Lane Grimsby DN32 9RP Vlcg Prosldonts Mrs S Brydges Mr l Davey Mr H Greenwood Diractors Ms Rachel Harvey Chair Mr l Hargreaves Vice Chair Mr D R Hatfield Mr S A Oldridge {Resigned 13108120) MrJ Scarfe Mr N Tranler Mrs J Bake Mr Adam Millson Ms Peggy Anne Spaighl Ms Lauren Pilgrim Mr Mark Wade Mr Marc E$miley IApwlnted 10105121) Secratary Mr S A Oldridge {Resigned 131081201 Mr Adam Millson {Appointed 13108120) Senior Management Team Michelle Rollinson Geoff Jago Lesley Charlesworth-8rowne Lynn Andrew5 Karen Higgins Shelley Lambert Jacqui Hall Chief ExeculNe Head of Finance & Support Services Deputy CEO Director of Care {Left 515120201 Director of Clinical Services Director of Governance & Quality Head of Workforce and Development Solicitors Wilkin Chapman Grange New Oxford House Town Hall Square Grimsby DN31 1HE Audltors BHP LLP Rievaulx House 1 St Marf$ Court York Y024 1AH St Andrew's Hosplce Limited (A Company Llmtted by Guarantee) Trust••$' Report For the year ended 31 March 2021 STATEMENT FROM CHAIR OF TRUSTEES This last year has seen the benefit of emphasis on our Grant fundraising. Within the year we achieved and spent income of £154,798 on various projects that we would not have been able lo fund ourselves. As an example we were pleased to re￿1ve funding from BBC Children in Need lo support our Children's Hospice al Home programme, Help for Health and Yor4Good both funded our replacement of the 20 year old boilers healing the Children's Unit. East Coast Community Fund made a big contribution lo our Children's Unil refurbishment and JP Morgan Chase donaled Digital Consultancy time. It Is in the nature of Grant Fundraising that It lakes time lo LMJild up a pipeline of ir￿lming funds. We are confident, based on what we already have agreed and our plans for further development, that we will Continue our progress in the 21-22 financial year and have accordingly budgeted for £180,000 of income recelved and spent on our Charitable Objects. The NHSE awarded funding lo allow the hospice lo make available bed capacity arKI community support from April 2020 to July 2020 to provide support to people with comdex needs in the context of the COVID- 19 sltualion and lo provide bed capacity and community support from November 2020 to March 2021 for the same purpose. St Andrews received £1,244,993 of this essential help. Additional Covid funding (Furlough. Relall Grants etcl brought total Covid related income to £1.9m We were very grateful to receive £282.169 this year from the NHS England Children's Hospic8 Grant Our Trading Company income of £899,869 was unfortunately £1.1 million pounds down on the previous. year- pre-pandemic, 81b8lt we received neady half a million In Covid related government support. Given the amount of trading days lost because of restrictions this was inevitable and therefore not surprising. Since we re-opened our shops mid-April our takings have been very high. as has the amount of goods donated, and w8 are looking forward to a SU￿ssful year ahead. Expenditure over the year fell by 7% or £346,358 (from £5,271,882 to £4,925,524). This reflects both reduced actlvily and cost control. At the end of the yBar we ggnerated a surplus of £250.544 compared to a budgeted loss of £494,270. This favourable differen￿ of £744,814 15 due lo the substantial funding from NHSE and Central Govemmenl. With)ul this support our losses would have been suNivable bul verydarnaging to our sustainability in future years. At the time of WTiling this statement in July 2021 the hospice has weathered the the Covid-19 crisis and continued lo serve our ¢ommunity while keeping staff and patients safe. We have learned a great deal about adaptability, perseverance and resilience as well as business contlnuity under very (irtficull circumstances. Vve feel we can fa¢e the future with renewed confiden￿. I would like lo thank my fellow Board members and our amazing staff and volunteers for their hard work and determinalion in keeping Sl Andrews thriving and for continuing to delivery high standards of care and support for our patients and community- Rachel Harvey Chair, St Andrew's Hosplce St Andrew's Hospice Limited (A Company Limit￿ by Guarantee) Trustees, Report For the year ended 31 March 2021 REPORT OF THE TRUSTEES The Trustees present their annual rep￿ Strateg￿ ￿pOrt and the audiled consolidated financial Statements of the charity and its subsidiary for the year ended 31 March 2021. The trustees have adopted the provisk)ns of the Statement of Recommended Pra¢tice {SORPI"Accounting and Reporting by Charities. in preparlng the annual report and financial statements of the charity. The financial statements have been pffjpar¢d in a(￿r￿ar￿ wth the accounting Pol￿0$ sel out in notes lo the accounts arKI comply wlh the chariws ￿VernIng do(yJment. the Charttie$ A¢t 2011 and k¢ounting and Reporting by Charities.. Statement of Recommended Practlce applicable to charilles preparing their accounts in accordance vthh the Flnandal Repcffting Standard appEtsble In the UK and Republ1¢ of Ireland published in October 2019. Company 8tatu• Th8 charity is eonstiluled as a ￿rnpany limlted by guarantee and Is therefoTr govemed by Its MemorafKlum and Articles of Assoriation. The liability of tho members in the evenl of the company being wound up18 Ilmlted lo £1. The company Is a registered charlty and acts enllrely as a r*)nyoflt maklrKJ oryJanl$allon. ObJectIv￿ and actlvStl The charfty wa$ rO81ered In 1980. after the formation of a group of dedr4ed local people In 1979. Ihelr Insplrallon beSng prompted by a local conference on th8 ￿Owth of the Hospice movement. They all felt that K there was a better way to respond to the neods of th8 terminally ill and theSr famllles. then every effort should be made, however daunliThJ the dkillenge. As earfy as 1980, day care was offered once a week in 'borrowed' premises. A property was purchased in 1983, and by December 1986 both in-patient and day care for adults was operational. It wasnl until 1999 that the need for care of chlldren and young people was idenlrfied, and the children's unit op8ned in 2001. After a lengthy period of plannlng and fundraising in April 2014 we $lart¢d the redevelopment of our site in Peaks Lar￿. This pro1￿t is now complete and offer8 much improved fa¢ilitles for our patients. In setting obje¢tive$ and ￿ann1r0 for actNitK?s. the Trustee$ have given duo ￿ns￿leratIon to gen8ral guidance wbli$hed by the Charity Commission relating lo publi¢ benefit, induding the guidance 'Publlc benefit.. runnlng a charty IPB2)'. How our actlvltlM dollver publlc bgnofit Th8 main areas of our charltable act￿rt￿ are caring for peo￿8 of all ag6s wlth a wogressiva life4imiling Illne88 and also supporting their families and carers. All cwe Is offered withcmjl charge to pall8nls. Infornalion included in the other se¢lion$ of Report of the Directors Idenlrf￿S, in m(Ye detail. the public benefit Ihat the Hospice provides. Mu¢h of it tsken from our ￿alitY Accounts which are prepared annually for NHS England. Our primary alm St Andrevls Hospice provides spgcialist palliative and erKJ of lrfe care for children, young people and adults who have a progressive lrfe4imiling illness. Specialist palliative care is defined as providing management of pain and psychdogical. social. spiritual support to Ih05e with a progressive, lrfe4imiling illness. It helps them to live their lrfe lo the full and includes the suprKvt to theirfaml*y and friends during their illnes$ and Into bereavement. St Andrew's Hospice Limited (A Company Llmlted by Guarantee) TTUStOos' Report For th• y•ar ended 31 March 2021 REPORT OF THE TRUSTEES {Contlnued) Our phllosophy To provMJe specialist care for patients ¥￿th sevwe and progressive disease, wl)we cUrat￿e treatment 18 no longer possible. To demonstrate concèm for the ￿le care of the patient. and lo offer supwrt not only lo the patlent, bul also to those who ¢are fc* them. bolh durirKJ illness arKI ￿10 bereavement. To communicate and liaisewith all invofvèd in tho w of the patient, ensuring an integrated, seamless service is provided. To value the diwity and iTrSivhJualty of all palients and tr￿1r rights to setf48tem)ination. To FKovide a flexible apwoach to care. btherever possible, in a manner and place of the pallenvs choosing.. SUPFXJrt In th8 early stage5. I￿pat￿nI aThJ day cwe, dlnk8 and support at home. To generate commitrnenl and teamwork, briTrJing t￿ether the expertise and skills of an Interdlsciplinary caring team to meet the highest poss1t￿e standards. addresslng the palienls, medlcal, nursing. social. emotional and spwrilual need5, Iher8by enhancing the qualty of lrfe of the patient. and 8upporUng those who care for them. To provide continuing education and training opportunit￿$ for all staff in order lo develop commltmenl, exFertise, 8peciallsm, innovation aThJ th8 sharing of knowledge. To develop Sl Andrev/$ Hospice as an oducation, training and resource untt offerlng placements to students from all disci￿ines. To ensure the quality and starKiard of servicè is of a consistenuy hlgh level. undertaklng regular audll and responding to changing needs. To provkle the most effective care in the most ct)sl eff￿lent manner. To be respected by health care profes8lonals for the excdlence of our seNke: lo be respe¢led by the publlc for our open and ethical behavi<¥LY. and for our dedtcatlon to the posslble 8tandards of car8. Our ¢rlt•rl• foi ¢aro Anyone, ol any age wth a progressbve Irf￿lmilIng illness Can ac(ws the serv￿eS offered at St Andrewg Hosplce. All cwe is offer￿3 wlhout tharge lo Pat￿ts. Drlvlng for¢0 There are currenuy many local p8oFle not accessing hosplce due to thetr lack of un¢Jerslandlng regarding the care that hosp*xs deliver. W8 want lo change peoples. perceptlons rewdlng hosptt ￿re. Wecan offer our export service lo benefit many moro local people. St Andrew's Hospice Limited IA Company Limited by Guarantee) Trustees, Report For the year ended 31 March 2021 REPORT OF THE TRUSTEES (Continued) Vision Values Providing excellence and choice for everyone affected by limiting illness. elivering holistic care for all. •4Transforming communities. Amaking a difference. Astriving to improve and Rnnovate. Mission To make each day count for people with life limiting illnesses and support those who care for them Identified priorities for 2020-21 System-wide Approach To Palliative And End Of Life Care Services There is an impetus towards cdlaboration and integration from the national bodies within the health sector, driven by sustainability and transformation partnerships ISTPSI and integrated care systems (Icssl. System-wide working approaches are presenting providers and the wider health and care sector wlh opportunities lo come together to effectively build relationships and by working collaboratively, al a local level, deliver joined up. higher-qualrty care and support for l¢xal communrties. A collaborative approach can improve commvnicalion. save lime. reduce duplication of effort. improve working relationships and provide a bellef experience for people vtho use health and sctial care services. As part of the system wde improvement for Palliative and End irf Life Care Services, the hospi￿ has become integral and is taking a key fesponsibilily in the Northern Lincolnshire End of Lrfe Steering Group. The group has been established lo provide syslem-wide a￿untabilItY for the strategic development and sustained improvement of En¢J of Life care across the populations of North and North East Lincolnshire CCGS. 11 aims lo ensure thal services across Northern Lincolnshire are delivered consislenlly and robustly in accordance wlh national guidance. There has been substsntial support and enthusiasm from system partners lo xcelerate delivery in End of Life care across Northern Lincdnshire. Whilst some challenges remain, Ihere is significant appelile to work collectively to overcome these and deliver change. St Andrew's Hosplce Limited (A Company LIMIt￿ by Guarantee) Trustg9s' Report For the year ended 31 Mar¢h 2021 REPORT OF THE TRUSTEES (Contlnuedl A work plan has been developed to provide overview aTrJ f(￿8 lo the Identif￿ areas of improvement that will lead to a sustained transformation of services to supFth people wth a palliative diagnosis and to those wh) care for them. As a lead wowder ol palliatNe and eThJ of Itfe care, the hosFM'ce 15 integral to tho development of the followng key V+th stre￿S. Enhan loadorshl One of the firsl tasks is to corfrm the collective strategy arKI the framework for measuring the improvement across the Identff￿ work stream5. By coming together we can utilrse the expertise and coll￿tive res(wJrces. hold each other lo accounL lo provide improved experience$ through a colledive governance structure where entj of lrfe care is pri￿tssed a￿1 seen as an integral part of all services. Dellv atient•centrgd n•rshi The aim is to design and deliver a communty based integrated model of care, to ensure patients and those who care for them get a￿esS lo the right services, in the right place, al the right time. The pathway has been Mapp￿d. idenlifw'ng gaps in skills, provK8ion. ￿ resour￿. The apyoath is to collectively develop to meet these unmel needs. rovfjd Comrnuni&*ion and Coordlnatlon Good communication arKJ coordinating care services for a dylng peNM) Improves their end of lrfe care and the bereavement experience of those imwrtant to them. 11 is essential bthen caring for people at end of lrfe that care plans detailing expressed wishes are c#)nsidered shared across the multidisciplinary teams to avoid mi$understandiNJ. unnecessary distress or inaptKorKiate (are to be delNered. Recommended Summa Plan for Em en are and Treatment ReSPEC The ReSPECT process creates personalised recommwKlatior6 a F¢rson's dini¢al care and treatment in a future emergency in whth they are unable to make or express choices. These re¢ommendaliorss are created through corwersations betsyeen a person. their familw, and their health ar￿ care professionals lo understand what matters to them and what is realistic in terms of ttEir care and treatment. This pr￿esS is beiTrJ rdled wt acyoss the UK and staff * St Andr*$ affj being train￿ to understand th8 document and how to facilitate conversattons with pati￿rtS and their families and ￿rers. nl Palllatlv• Care C04)rdlnatlon S tem EPaCCS The Elthnic P811iqtive Care Ccpordination System {EPaCCS) enables the recording and sharing of a patient's care prefererK*s and key details a￿ul their care. This has been developed to support joined-up care for patients in the last months, V•wks arKI days of life and is being rolled out across North East Llncolnshire. Staff are being trained to use this system and provide vital information lo healthcare professK)nals 24 hours a day, 7 days a across the region to Sup[￿ patient wishes. Consistgnt and rdinated ¢ducatlon The hospice is contributing to a new system whje approach to palliatrve care education. We are launching a new set of competencies to supwi all staff in delivering high quality, evTrden￿ based care. The hospice wll delNer teaching and trdiniThJ as i)art of this Fxogramme to professionals from a ￿de variety of health and social care settings. St Andrew's Hospice Limlted {A Company Llmlted by Guaranto8) Trusteos. Report For the yaar onded 31 Marth 2021 REPORT OF THE TRUSTEES IContlnued> Developmont Of Chlldron'8 Unlt H08plco At Homo We have seen first-hand how the Covld-19 pandemlc and lockdown has hugely and Immediately affected the children using our servlces, ￿th families Ilvlng In Tural outlying area$ In some cases particularly affected. Many of our ¢hlldren require daily medication and person81 care. wth their carers having lo fill the gap which has added a further challenge to already dlffl¢ull clrcumslances. In some cases children have had thelr ¢are Ihrough other providers reduced or cancelled. As a result we have reviewed our service offer not only to recognl$e the current challenges but also look to future needs in order lo protect the most vulnerable chlldren Sn our community. Our revlew has led to developlng a new'hospl¢e at home, servlce In response lo the current situation and in response to feedback we have receiv8d from palienls and famllles. Tha seNic8 once fully rolled out will include.. Resplte at horno.. famille$ book a Ilm8 slot on Identifled days for support lo be delivered al home. This can include supporting families with Iripslappointmenls. glvlng parents Ilme lo spend with siblings and d81iv8ring Iher8P8Utlc play to the chlld. Tradltlonal day Gar•: In¢luding weekends, and be pre-bookable. Children will have a sel numb8r they can book Ihroughoul the year. Emergency Slots S￿11 be avallable. Much of thls work has had lo be paused due lo Covid Programm• of •v•nts: 8.g. oncology days, famlly splash dayB, bereavement support, slbling events. Rang• of th•rapeutlc groups: e.g. art, muslc, Ilfe skllls. Educatlon days: weekly durlng tem Ilme, for chlldren who are fvlly or partlally home educated., enabllng soclalisallon. 8UPPOrted le8rnlng & educational Irlp$. Programme of educ•tlonal fftnt•: for famllleg and other profe$$lon818 Quallty Improvement Of Informatlon To Utlll8• Mor• Effoctlvoly, To Inform D￿lI10n MakSng Outcomo A8• 11 boratlv Th8 Outcome Assessment and Complexlly Collaborative IOACC) are a set of palllative outcome measure8, whlch ￿re Inlrodu¢ed lo the hosplce Sn 2018. We have been worklng wlth Hull York Medical School a8 part of their RESOLVE project to make better use of the Informallon these outcome measures give us. Thls wlll allow us to target and Improve 8ymPtom management for p811ents whllst provldlng evldence of the impact of our services. uall and su Im rovement throu h the use Iv clslon m kln Further embeddlng of our data management So￿are, Vantage. Thls enables us to record, integrate, track, interrogate, report and measure Important data sets relating to a ran9e of key hospice funcllons and acllvlll0$. Further embeddlng and participation in the Hospice UK Patient Safgly Dats Benchmarking. Quality Indlcalors are useful to demonstrate safe and harm-fr8e care. The primary purpose of the Hosplce UK Patient safety dats wllection is to provide assurance and support improvement in patient safety. Benchmarking. as a component of quality management, offers a continuous process by which an organlsalion can measure and compare its outcomes over time with peer organisations and use the findin lo inform management decision making. Over 2020-21 Sl Andrevl$ Hospice hag engaged in the provision of Infom)ation lulilising Vantage and other collection methods) in order to support and participate in sector benchmarking. This wll provide improved evidence based deGision making at an Operational and Strategic level. St Andrew's Hospice Limited {A Company Llmlted by Guarantee) Trustegs, Report For tho year ended 31 March 2021 REPORT OF THE TRUSTEES {Contlnuodl Since 2019-20 the Hospice UK inpatlenl patient safety measures project colleGts three core patient safely metrics and patient activity metrics: Falls Pressure ulcers Medication incidents Bed occupar Throughput In 2020-21 the above patient safety metrics VAII be captured In a user-frlendly way and will infomi practice and stakeholders in a variety of ways. From an individual learning perspective. staff wll be able to see where the majority of their incidents are and work to improve them. From a unit perspective, managers will have a better oversight of the themes Mlhin thelr units and be able to Idenlwy the work that needs to be undertaken for improvement. From an organlsational perspective, we will be able to benchmark ourselves with a truly reflective pictu￿ of a like-for-like hospice, knowing that that the work undertaken by hospices with Hospice UK will ensure the data is captured the same way throughout the sector. Havlng the ability lo do this will not only provlde clarlty bul Is also cnjcial for learnlng opportunities. lo improve practi and promote a culture of opennes$ and transparency. This data wlll also be avallable for our patients and Trustees to provide quality assurance of the hlgh level of care St Andrew's Hosplce glves. Data warehou8ln ect Building on the experience gained as a result of the work to build a data dashboard using Microsoft Bl, we have started a much more ambitious tiece of work. We realised the potential that would come from a full data warehouse, in meeting the needs not just of our internal data users bul of our external partners within the locality and nationally. Traditionally, data needed for monitoring the quality of the care we give has been extracted and processed manually. This was partly automated by the Bl project bul was ne￿sSarilY limited by the data sources available. We have been working with Navigo. a local mental health Servi￿ provider, to use their expertise in digging deeper into th& data held in Systmone. our main patient dats database, and the records kept in the Vantage database. This will ¢reale a near real-time dashboard of all the essential metrics and leave the option open to fijrther develop the scope of data that we can mine and display. At the Ilme of wrillng this project has completed its scoping phase, delayed by th8 pandemlc. and is starting the delivery stage part supported by a ￿ant from Spark Fund As we work ever more closely across the localities in which we provide services, we wll be able lo provide our stakeholders wllh access lo the performance irrformalM)n that they need without having lo dNert human resources from the main task of patient care. Approach We recognise the immonse pressure placed upon individuals and thgir families and friends who have a progressive life-limiling illness. 8y working wth them at the earliest opportunity we ¢an asslst in supporting the patient, and their family and frlends, throughout their illness. enabling them to live lrfe to their full polenlid. St Andrew's Hospice Limited {A Company Limit•d by Guarantee) TTUStg98' Rèport For tha year ènded 31 March 2021 REPORT OF THE TRUSTEES (Contlnued) S•rvlc People of any age, for whom ¢Ufatlve treatment is not possible. require active. total care delivered by multi-professional team who wlll ¢onslder their physicd, emotional, Social and 8plrllual symptoms. The care of family members and frlends is also integral and thls is what makes hospice care unique in that11 encompasses not only the patlent but those close lo them. We ¢are not only for pallen18 wlih cancer, bul for anyone wlh a progresslve Ilfe-limiting illne88. We accept referrals from any source, however p8milsslon is sought from th8 palienl8' General Practillor bafore assessment is undertaken. Pallents acc88slng servlce8 In either the Adult or Children'8 unlt do 80 for 8ymptom control, respite, rehabllltstion or terrnlnal care. The ¢llnlcal team at Si Andrews Hospice conslst8 of clinicians wllh exp8rtlse and Irainlng in palliative care. AS well as a palliative care consultant, specialist doctors and nurses, 8 wide range of therapists and allied healthcare professlonals 8Te employed. Such 88 ¢omplemenlary theraplsls, a creallve therapist, physlolheraplsl, famlly support workers and lymphe¢Jema spe¢lali$t8 to support Ihe clinl¢al team. The ¢llnlcal team Is fully Integrated wllh the admln18tratlve staff, and closely Supported by voluntaer8 In all dopartmenls. Pallenl$ accegslng ellher the Adult or Chlldr8n'8 servlces have ac¢e$8 10 a comprehenslve range of fa¢llltle$ and ¢are. Includln9 lymphedema care. physiotherapy, ¢reallve Iheraples. emollonal and $0¢181 support, sensory equlpment, 8pa pool, and 80 the1181 goes on. Famllle$ and ¢arer$ can access emotlonal, socSal and bereavement support as well a$ Carers and Chlldren and Young Peoples Groups. Parent and Palienvcarer Forums are eslabl58hed and are worklng well, ensurlng that patients and carers have Input Into servlce delivery plannlng and facillly deslgn. Adult Borvlc•8 Care wllhln Adult SoTvlc•8 Is avallable lo any pallenl, 18 y6ar8 upward8, who fits our cr518rSa for care. We provlde ￿1Ve In-palienl single en4ulte bedri)oms. We have introduced a new way of provldlng day servlces whlch offers a flexlble Servlce to our patients. It Is no longer appropriate lo talk about 'places' as palS8nls can access a range of activitles and servlces across the week. In1Sghl of the Pand8mlc this service Is under constant revlew as we seek ways of safely supporting our servke user5. Chlld and adol•s¢ont 8•rvlc•$ Care wlihln Chlldren's Servlces Is available lo patients up lo the age of 25 years. Beyond this age. If appropriate, patients are transferred lo Adult Services. In-Patienl U We provide 4 in-patient slngle bedrooms. A 20 place per week unit for chlldren and adolegcents. We are looking to further integrate the adult and children's provision. St Andrew's Hosplce Limited {A Company Llmlt¢d by Guarantee) Truslees. Report For Iha year ended 31 Marth 2021 REPORT OF THE TRUSTEES {Continuedl Rogulation After a successful CQC Trdnsltional MonitoriThJ Approach cont* now do not exwt an imminent inspection. Other regulators to which we are registe￿1 are the Gambling Commission, fty the Sl Andrews Hospi Lottery. and the Charity Commission. The Gambling Commissw)n carried out an in$wt￿n five years ago and no material issues were identified. Fundralslng Over the past several years $irTr the 2015 Etherington ￿port. the wodd of ¢haiity fundralslng has seen scrutiny around some of its practices (although no hospi￿ werefound to be involved in any poor practice). The subsequent introduct￿n of the Code of Fundraising Practice by the Fund Raising Regulator Iwhi¢h indudes protections for vulnerable people). is a means by which charities can voluntarily register and demonstrate their ￿rnMitment lo gc(Ml practice. Sl Andrffi￿S Hospice Lid has chosen to voluntarily reglster th the Fund Raising Regulator and is compliant vrith the cx)de. St Andrew's Hospice engages only thoroughly vetted 3￿j party commeraal participalors for the purposes of fundraising i.e. our lottery. and. monitors their aclivity routinely and collaboratively. No complaints have been TeceNed in 2020-21 in resF*d of our fundraising Fyactices under the code. Voluntegrs To deliver a hvJh starKlard of care lo patients. their families arKI fr￿￿1$, we rely heavily on a dedicated 'am)l of volunteers who help across all areas of *ivity. We have approximately 500 volunteers, who wth in all clinic81 areas. recept•)n. administration, retal. gardening team. receptK)n. catering. fvndraising, markeling 2nd household deparbnents. Relatlonshlps We are ￿mMItted to workiTrJ cc41aLM)rativdywth our (dleagues tx)th within the statutory and the votuntary sector, lo ensure a seamless service for patients and their families and to prevent dUpl￿allOn of services. thereby ddivering care in the most Cost effethe and effKient way rx>ssible. io St Andrew's Hospice Limited (A Company Llmlted by Guarantee) Trustees, Report For the year endgd 31 March 2021 REPORT OF THE TRUSTEES Icontlnuodl Flnanclal revlaw Income The Directors wish to thank all our supporters for their continued work and generosity. Our income decreased by £187,658 or 40A this year to £4,936.27412020: £5.123.932). Given the massive impact on our Trading income over the course of the pandemic this was a very good out¢ome and the result of the essential support we receNed from NHSE and the Fudough scheme. Our Trading Company income of £899,869 was £1.118,857 down on last year. The number of lost trading days wa5 the cause of this. So far since re-opening in April we are perfomiing strongly. Our lottery in¢ome le¢￿ased by 5% this year lo £372,493 (2020.. £393,293). Lottery expenses, which are included in FundraisinglRelail. have increased by £1,620 to £69.676 12020 £68,056) which reflects a number of small w$t increases. A Lollery Management Contract is in place for 2021-22 which indudes provision for recruitment though given the circumstances we are unlikely to do anyface lo face recruitment. Exp•ndlture Expenditure over the yearfell by 7% or £346,358 {from £5,271,882 to £4,925,524). The Board is absolutely deterniined to control expenditure while committed lo investing in both patient care and in building sustainable income streams. Pay policy for $énlor staff Remuneration of key staff is d¥ided by a Board committee comprising the Chair and the Vi¢e Chair Prlnclpal rfsks and uncertalntie8 Rlsk management We have idenlffied the risks below as the principle organisational risks: Informal￿n Technology (IT) Fireldisaslerlpandemi¢ Negative publicity Reduced incomelreferrals Succession planninglageing workfor¢e]recruilment and retention of staff Lack of1rel1ar￿e upon suitable volunteers Training Security The aLK)ve risks are recorded on our organisalional risk register which lists mitigating measures and whlch Is brought to the attention of the Board at each Board Meeting. There 15 a detailed Business Continuity plan which addresses identrf18d risks. W& have further developed a Governance Framework which idenirfies areas of riskJcoMpliar￿ across the organlsalion. 11 is the responsibility of the Board lo ensure that those ar6as idenirfied are monitored on a regular basis to give assurance that our controls and miligalion measures are effective. Since the Pandemic we have expanded our Risk Register but were generally pleased that the framework of incident management worked well. li St Andrew's Hospice Llmlted (A Company Limit•d by Guarantee) Trustees, Report For the year gnd•d 31 March 2021 REPORT OF THE TRUSTEES (Contlnuod) Re80rvos The temi 'reserves' is used to describe our irKome fijnds that are freely available to help us meet our objectives. Our policy stales that v* aim to hc4d fre8 reser￿ of be1*￿n 6 and 12 months annual cash running costs. It is reccwJnised that V*t need to have suffKi8nl cash a￿1 reserves to abs¢xb short4emi flucluations and larger setbacks in inc%>me receipts. We recognise the importance of ensuring that we have a free reseNes buffer in place in order to provide uninterrupted palliative ¢are servKes to the local community. About 70% of our nomal expenditure is in the forn of 5at8ries. Our cash reserves at the end of the year were £2.136.637 {2020: £2,461,083) ¥thich is equNalent to about five months running costs12020 six months). Our nel Current assets (cash + debtors- cxed1￿) at the end of March 2021 were £2.928.965, equNalent to about 7 months njnning costs. 11 should be wted however that in addtbon to (Njr cash deposits we hold £1,904.665 in readily convertible investments (available ￿thIn 1 week). We hold a further£440,071 in lenn and notice accounts wh￿h means that our effective running Cost wver is just over £4.5m or around 12 months. As al the year 8￿1 the free reserves hekl by the wp were £4.833.630 {2020: £4.269.035}. Invostment poliGy The charitls Memc*andum and Articles of Asswation grves the Directors power to invest monies of the charity in or on such investments. securities or propety as may be thought frt, subject nevertheless to such condit￿n¥1rf any) and such cortsents {rf any) as may from time to time be imposed or required by law. The Board of Trustees takes a balanced risk attitude towards investmenL As interest rates have continued to perfomi poody the Board has resolved to increase the investment Y￿h Tilney by a further £1 million. Four hundred thousand was moved pre year end and the balance ￿11 be fed in over the next few months. The Board has maintsined its limrt of40% exposure lo Equ[t￿. Aswe dose down the other Bank Accounts. other than the Crpop, we have opened a Flagstone Account vthich enables us to allocate fvnds lo a wde range of Bank Accounts, induding Temi and NOt￿e Ac¢))unts and seujre FSCS protection for a much higher proportion of our cash. The current investments are ￿$h dekN)sils wilh: The cO￿perative 8ank Fl¢ Santsnder Nalwest Bank Flagstone And Funds under management byTln¢y 12 St Andrew's Hosplce Limited {A Company Umlt4d by Guarantee) Truste•s' Report For tha year ended 31 Marth 2021 REPORT OF THE TRUSTEES {Contlnu•dl Stru¢turo, govemance & management Structurn and d¢d$lon maklng pt The Board of Twslees is the goveming bC￿Y of St Andrev/s Hospice, whth ujrrently ctjmprises eleven members and meets twelve times a year. In accordance with Covid r6strict￿n$ these meetings currently lake place on Zoom. Trustees are elected for a three year perh)d and may be r￿eleCted. The Chief Execullve attends Board meetings, accompanied by Sen￿)r man•Jers. Other staff attend as requlred. Authorfty for mana98menl of th8 Hospice is delegated to the Chief Executfve ar¥J Senhjr Managem8nl Team (who are not Trustees of St Andrews Hospice Limited). TrustW8' Induc¢lon and tralnlng New Tnjslees are appolnted after intervtew with th6 Chair, Trustees and the Chief Executive. An Enhanced Dlsclosure and Barring Check is also conducted and two references are taken up. Trustees also declar8 they are ffit and wllling to undertake the responslbilities and dut￿5 of a charity tnjstee and complete the HMRC Ftt arKI Propor Persons, Test. They are given a Trustee Irrfludon Pack whl¢h indude$ d0￿ments relatlng to the Operat￿)nal framework of the Hospice, Memtyandum and Art6¢le$ aThJ financial rep)rts. in addition to Pe￿nent docxJm6nls from the Charlly Commisslon. They affj appolnted by a fdlow Trustee who acts as a ment￿. Additionally, new Trustees are Invlted lo attend a meeling %*lth the Sen6or Management Team and attend the varlous committe6$. When any tralnlng requirements are ldentffj￿d, Trustees attènd trainirKJ courses and conferen¢e$. These Indude Indu¢lion Days for Trustees at Help the Hospl¢es. training on how lo ¢ondu¢l InSp￿tiOnS. along wlth other ￿UrSe8 as applicable. Int•rnal conlrol• We, the Trustees, Confi￿ thal inlemal control w￿0￿ureS are in pla￿ in order to provlde assurance agalnsl material misslatemenl or loss. They include.. Comprehensive sy3tom clannual budgets, apwovod by the Trustees, and monthly financial reporting of actual results against budget. Financial poI￿leS and w¢￿ed￿Tr$ whth are kept under c4)n5tanl review. 8ub8ldlary The ¢hariV$ wholly owned tradirKJ subsidlary. Si An(treW$ Hospr* ffrading) Limitod. Carries out non- charitable tradirKJ a¢livibes on behall of the charity, and makes grft aid pawnents of ils profrts to the charity over the year. Plan• for future ￿￿0d$ At the time of preparing this report the Charity has embarked on a redevelopment and redesign of our Chlldren's Services. We are extensively refurbtshing the unil at Peaks Lane and increasing to fwe bedrooms frC￿ four as vdl as expanding wr HOSP￿ al Home service. We believe that this wll improve access lo our services and exlerKI the way3 In which Pat￿nts aThJ th￿r famdies can benefrt from what we can provide. We are In the first year of our three year strategic plan aThJ are ¢))nfident that we will delrver against our ambition to improve the reach and quality of our swices as wdl as embraciro the digrtal lechnologles we ne6d to meet the challenges of the o)ming years. 13 St Andrew's Hosplce Llmltsd IA Company Llmlted by Guaranteo) Trustees. Report For thé yoar ended 31 March 2021 REPORT OF THE TRUSTEES (Contlnu•dl Trust•es' r•spon$lbllltlos In relatlon lo the flnanclal staternonts The tnjslees {who a￿ also directors of Sl knjrews HospKe Limit￿ for the purposes of ¢ompany law) are responsible for preparlng the Trustees. Annual ReF￿ and the fina￿181 Statements In a¢cordance wtth applicable law and United Kin9Jom Accounting Slandard$ (UnfLed Kingdom Generally Accepted A¢¢ounting Practice}. Company law requlre8 the trustees to wepare financlal statements for oach finandal year. Under company law the tw$lees mu81 not approve the finawal stalemenls unless they affj Sakn'sf￿l that they glve a true and fair view of the slate of affairs of the charitabte company and of the inrxsming resources and application of resources. Induding the income and expervjiture. of the dwitable company for that perlod. In preparlrKJ these financial statements. th8 trustees are rw4uiffjd to: select suitable accounting polloes and then apply trem ¢onslslenUy.' observe the meth¢yJs and principles in the Charities SORP 2019 IFRS 102): make judgements and estimates that are reasonable and prudent,. state whether appllcable UK Accounllng Standards have been folknwed. 8ub)ect to any materlal departures disdosed and explained in the financial statements,. prepa￿ the flnan¢lal slatements on the g)ing concem bas18 un18S8 It Is InaptKoprlate lo presume that the charitable company w611 ￿nIInUe in opwallon. The trustees are responsible for keeping adequate accounting records that dlsclose wlh reasonable accuracy at any lime the financial posillon of the charilable company and enable them to ensure that the financlal statements comply wlh the Companies A¢1 2006. Th8y are also responsible for safeguarding the assets of the chariiable company and henco for tthng reasonable 8tep8 for Ihe wevenlion and detection of fraud and other Irregularlli8S. Stat•rn•nl a8 to dI￿10•Ur• to lh• audltoi In 80 far 88 the truste8s ar6 avrdTe: there Is no relevant audit information of whth the charitalle o)mpanY$ audllor 1$ Unawa￿., arKI the trustees have taken all $lep$ that ought to have taken to make themselves aware of any relevant audit InfO￿allon and lo e$la￿lSh that the auditor is awa￿ of Ihal informatbn. Audltor BHP LLP were appointed durirKJ the year ending March 2021 and In accordance wlth secllon 487(2) of the Companies Act 2C*J6 are deemed lo be re•appoinled annually. In approving the Trustees. Annual Rewl. ￿ also approve the Straleglc Rep￿1 I￿uded Ihereln, In our capacity as company directors. The Trustees. Rewt Was approved by the Board of Tru$lees arK1 s￿ne￿ on Its beh8W by.. Rachel Harvey Chalr. St Androw's Hosplc• Date.. 9th August 2021 14 St Andrew's Hosplce Limited (A Company Limited by Guarantee INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST ANDREWS HOSPICE LIMITED For the year endgd 31 March 2021 Optrlon We have iudr(ed the f￿alKI31 ststements of St ArKlreks H¢)spi¢e LIAM￿j (the 'p¥•rt tharitalAe COM￿￿) and rts subsldiadeslthe'8roup'lfoTtheyearwthd 31 March I￿1¥￿ich Co￿V￿cOnsOl1dated statement of financial activities, the Consolldated balance sheet, the Company balance sheet. the Consolldated statement of cash flows and notes to the finanoal statemw4 Indudir£ swificant accounti￿ The repyilrE fraiiewth that has been a￿led in th￿1 preparation is appllcabie lawand United K￿%￿rn *£C￿nI]￿ Sta￿larts, IrKI￿rg Rnwoal Rep)rtit￿$tsndard 102 The FinorK*31 Rew)th¥ll a￿l￿b* iii the UK f*￿j￿￿ of /rekn￿ (Ithit￿ ￿r¥j￿1 Generalty k¢epted Acwntlng Practice). In ouroplnkn the fi￿ndal statrnts: e a true ar#1 falrtkn oftheskte oftr*8rcwrfs¥d parwt tha￿tab￿cOmpan*S affalrsas at31 Marth 202L aThJ 0fthegf￿JP.s lnc0mw￿re5¢wT0s￿￿ aPF4kAIkn ofre5wrc4 Its and expthllture, forthe vearthen ended.. havebeen propth yepared kn acoydmwith Lknitoj c￿neral￿AcCWed Practlce; and havebeen prepxed InaccL¥dJxewlth the reWkW￿tsofthec0nwIes*￿2C(63nd thecharltbes Act 2011. Basbfor oplnton We condutted our aud￿ In acctydano Interna￿￿￿1 Standards on Audt￿lvA IUKI IISA5 IUKII and appllcable law. Our resP)n￿bI1￿1eS under those slarKlaTds are fvrther desrribed in the A￿lF1￿$ respon4t4liW for the audit of the finandal statements section of our Tep)rt. We a￿ kndepeThJent ofthe wp aThJ parent tharitable ￿MpanY In a¢¢ordano the ethlol requlrementsthatare Tdevant to our oudr¢ofthefinan¢ial sratenwts Inthe UK Indudlrgthe FRCsEthkal Standar and we have fuffilled ￿Jr other ethkal resw)s1￿lf(les ac￿[dan￿ these rewlfeM￿ts. We bdle¥e that the audtt den￿we haveobtained ￿ sufhdent and aFywio a basls f￿￿rC￿nI0n. InauditSn8 the finanaal statements,we haNttondudedthatthetrustees' use0fthe80kn8c0￿M baslsOfacc￿n1IngInthe preparatlon of the flnanaal ststementstsipproprkite. Based on the 4%wk we have pwfomied. we ha¥p not {d￿tIfied ary materlal uncertahtie5 relatlrK8 to events or conditkjns thaL IT￿mdUal￿Orc0I1ectw, maycast Wfftant ¢S)ubt on thegroup's ￿ P￿il tharItab￿cOMpa￿S abllty to convnue asa goln8 concem fora perN)d ofat least twefve rtwithsfrom WI￿ theflnandal ststements are authorlsed forlssue. r reSpon￿bIlitIeS the of tr* trustees vAth rttpect to eok8 concem are destrlw In the re￿￿¢ SectIor￿ of thls re The other Informatlon comp¥lses the Informatlon h)dud&J In the trustee< repo¢ other than the flnandal statements aThJ our avdttorfs feF¢Jrt thereon. The tn￿ee5 afe resp*4ble for other Inftrmatkn wfthin the trusted reporL r O￿nI)n on the finarKlal statements does rKJt covtrthe othw informaiion arKI, except to the extent Other%￿Se expllcit stated In our reporL Ik) not ￿￿e$S ary form of assur￿ cry￿u510n thereon. Qxjr responsibility 15 to read the other Infomiation aNI. kn d¢iwaso. consider whethertheother informat1￿ is materialtyirKonystentwith thefinancial statements or ￿Jr kJkn¥ledge obtaned in the c￿J15e of the othwwise appear5 to be Material￿ misstated. Ifwe identify suth materlèl Inconslstendes cf apparent materlal m￿terr￿lS we are required to detemiine whether th15 8fves rf5e to a materkal misstatement In the finanaal 5tatemtt￿ themselves. If, based on the wtykwe ha¥e ￿rfor￿*￿, we Condudethat there Is a materfal mlsstatementof this other information, weare required to rwtthat fart. We ha* nothin8to report kn thts regard. In ouroplnlon, based cffl thewowk ur1jertak￿ kn thecwrse of tl*au¢lL" thelnfoMMtIC￿ 8ibtn in thetrustee5' rwilincorrmtir8the Strdtw report*d the directorg report) forthe flnandal year for %thich the financial ststeThentsareprepared iscon5&￿t wrth the finanual statements.and the strate8ic rernand the rfirert(rf re[￿ havÈ be￿ prepared Inaccord￿￿Wrth aFWicable *1 Teyuirement& 15 St Andrew's Hospice Limited (A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST ANDREWS HOSPICE LIMITED For Iho year ended 31 Ma￿h 2021 In the Ight oftheknovAe* and Ur￿￿￿0ftheyoup and parurtdHrithle¢ompary •KI Its enthmartcthined in thettyjrseof the we h3Nt K4emified matefi* m￿statements inthestrawc rwtandthed¥ector< reFOIt We have Th)thin8 to repJrt in resF*d of the matters li re￿1￿) to whKh the ConVan￿ 2[￿ requres us to reFQrtto you rf, in our ￿￿nIon. adequateacmJn1i￿ re¢rAds have Th)tbeen W tytheparentdwith c(rfnpany. or returns adequateforour au(frt have Mtljeen re￿￿1 fr(Nn b￿the5 Th)tMsited tyus.. or retums; or certaindisdosuresof i*rector< renyJnerat*Jn spea￿1 arenot made: or wehaven0t￿p4￿j all theinfOrM￿ •)d e￿na￿A$we rewireftycwraudit. AsexpLiined morefijllyin thetrustee< r&pmsi￿lIIieS statement set out on p4e 14, the trustees (who arealso the directors of the parent tharitablecomparryforthe putpjses of ton4)arylawl are rewnsl￿ef0rthe preparation of the finanaal statements and for ban8Sati5fied thatttww¥ea true a)dfaIrVie￿, andforsuth intwnal control asthetnL*s vthetherdue to fraud orerT￿. In preparingthefinarnial swment&the tn￿eeSareresKA)nS1tAe forassessrythe8roupsaThJ parent tharitab companls atmltyto continue asa gol￿£0r￿ern. d￿d0￿￿ asapplKable. matters related tO8oirÉconcem and usmgthe goin8corKem basis of acC￿nti￿ unkn thetrustees either intend to f￿￿￿￿atethe￿￿p or parenttharitable compary or We have been apmsnted auditor undwthec0mp￿1e$*tt2C￿and in accordatKewlth thlsAcL Cjjrobjectivesare toobtsin rea5￿a￿￿e aswrdrrte *out whethwtheffinanoalstatwhwtsasa whole arefreefrom material misstatement,vthether duetohud or error. aNI to ￿sue3n au&rtorfs rwtthat indudps our0pin￿. Reasonable aS9jran￿ 15 a high ofasSuron￿, Iwt is not a8uaranteethat an authrtcorxlutted in accw&nce with ISAS IUKlwll a￿aYSdetect a material misstatememtvA)en tt exisis. Mt55tstements can arise from fraud or errorand are conydered materia rf. indmdualtyorin the awegate, theycwkl reasonab￿ beeyerted to tnfluencethe economic decisimsof Use￿ takw the bags of these financial Stst£￿en1 IrreBu1￿ties indudingfraud. are Irtstrn￿ of MThl• xtmu Adutt In-pati￿1 serv4ce8 day c8r• s0￿ Chlldrtn'i In-povgnl Chlldren's day care seNIc6s Lymphcth7)8 88NIc88 46B.IA17 853. 279,882 1.121.XKS 279.682 1,033.gehS 348.12S 111.637 1,117,330 278,799 1.117,3 278.799 1,Cp35,105 366,524 116,118 217,6ee 1.033.866 346,125 1,095.105 366,524 111.837 116,116 217,888 Exp￿111￿* on rnl•thw fwKI• In￿t[r￿1 Man￿er[￿tt fees Fundralsln and retall T¢)tsl Ex 11.139 1,454,232 357,739 2 534 $86 2 39).938 11.139 1811 971 446 030 2 c￿ 142 Taxatlon on Trndlng profft T8.(￿7 78.Ce7 1104,756) 1104,7561 N•t IncomB bDfor• rwt on Inv•*tm•n Net InsAoss on lrNeStrn￿ Not IrKomo Il•xp•ndlturnl b•forn tr#n•f•r• 88.837 8Q837 41.288 1293.9941 {252,7061 io 181707 2￿1.544 250.S44 13,518 1293,g941 {280.4761 Ngt rnoV￿￿￿t In fund• tr th• y• FundB brw fcmrd at the t¢glnrlry 250.5M 1280,478} {280.4761 lo.014.￿)4 10.014.JM 10.294,7 10,294,780 Funds rArrf•d forwwd at •nd alth• 16 10.264.848 10.264.848 10,014, 10.014,304 The results for tha yèar all rdata to Lxln￿nUO￿ ¢wat*Jk8. 18 Adam Millson Adam Millson (Aug 16, 2021 14:55 GMT+1) St Andre￿$ Hosplce Llmked Consolldatod ¢ash flow $tstem•)t for the year ￿ded 31 March 2021 2021 2020 Noto Cash flows from operating activits85 Income tsxes ald Not ¢a8h provlded by oporatlng actlvltleB fn,088 21,230 655.858 144,412 144,412 Ca•h flow8 from Invmtlng actlvltl•8 Interest ￿e1Ved Purchase of tsngible fixed assets Purchase of Investment- Tilney Proceeds on dispo$81 of investments Purchase of Current Asset investments N•t calh ui•d In Invaltlng actlvltl 21,477 (55.747) 1647,240) 141.277 18,288 (68.860) 1,039 10 {980,304) (49.533) Chang• In cuh and cuh •qulval•nts at th• b•glnnlng of th• y {324,446) 94,879 Cash and ¢a$h Cash and cash ulvalents at the inni ofthe ulval•nts at th• ond of th• 18 Reconclltiqllon of nel I￿)Me/￿eXPend1tureI to net (ash IlTh¥ from opwatlw actlvlllas 2021 2020 Nel Income for the ￿r {GalnsyIo8868 on Investments Taxatlon on tradlng tKofit Depreciation charge Amort1681ton charge Intere81 recefved Loss on dlsposal of flxed assets {Increa8eydecrease In debtors Decrease Increase in creditors W ca8h Irrflow from operating 250,544 1280,4781 (161,707) 27,770 178.087) 104,758 381,993 457,658 7,805 7,805 121,477) {18,2881 437,563 (163.120> 677,088 144.412 St Andrew's Hosplce Llmited (A Company Llmltgd by Guarantee) Trustees, Report and Financlal Statements For the year endod 31 March 2021 NOTES TO THE FINANCIAL STATEMENTS Accountlng pollclos The prtn¢lpal 8ccounling policles adopted, ludg8m¢nls and key 8our¢es of 88tlmatlon uncertalnly In the preparallon of the flnanclal statement5 are as follow5.. Company Infomiatlon st Andrews Hosplce Llmltedls a company Ilmllgd by guarantee, the Ilablllly of the Dlrectors18 Ilmlted to one pound, and a charlty reglstered In Eng18nd and Wal88. The reglslered offic818 Sl Andrws Ho8plce, Peaks Lane. Grlmsby, DN32 gRP. A¢¢ountlng conventlon The flnanclal Stalements have been prepared In accordance wlth Accounllng and Reportlng by Charltles: Slatement of Recommended Practice appllcable to charllle8 preparlng thelr accounts In accordance wllh the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland Issued In October 2019. Ihe Flnancl81 Reportlng Standard appllcable In Ihe Unlled Klngdom and Republ1¢ of Ireland {FRS 102), the Charlll&8 Act 2011, the Companles Act 2008 and UK Generally Actsplod Aco)untlng Practlco. St An¢Jrew8 H08plce Llmlted conslltules a publlc benefll entlly a8 defined by FRS 102. Assets and Ilabllllle8 are Inlllally recognlsed al hlslortcal cost or transactlon vaue unless olherwlse staled In the relevant 8ccountlng pollcy. Th8 flnanclal 81alemen18 are prepared on a golng Concern bas18 under th8 h18torlcal cost conventlon, nodlfied lo Include certaln Items al falr valuo. The financlal statements are presented In 8terllng whlch18 the funollonal GurrenGy of Iho Gharlly and rounded to the neare81 £. The Con8011dated 8latem8nl of financlal acllvltl88 (SOFA) and Con8011dated balance sheel consolldale the flnanclal slalements of the Company and Its subsldlary undertaklng. The results of the subsldlary are con8olldated on a Ilne by Ilne bas16. The Compony ha8 taken advantage of the exemptlon allowed under 6e¢lion 408 of CompanleB Act 2006 and has not presented Its own Stalementof flnanclal acllvltlos In those flnanclal statement8. The S￿nIfIcant a¢counllng pollcl88 applled In the preparallon of these flnanclal 81atemenls are 8el out below, Th&se pollcles have been cons181enlly applied lo all years presontod Un￿35 olh8rwlse $laled. Prlor Year Adlu8tment In preparing the flnanclal Statemen18 for the year ended 31 March, errors were Idenllfled that were sufflclenl to warrant restatement. The effect and nature of the restatement are dlsdosed In note 23. Golng GonG•m Th8 charttable company meets ils daily working capital requirements through Its bank a¢count whiGh has funds of £2.1 m at 31 March 2021. Glven the chartiabl8 compan1$ favotsrable fundrdislng record and the level of free reserve$ available al Ihe year end, the Directors conslder Ihal the charitable ompany has adequate resources lo contlnue in operational ex15tence for the foreseeable future. A(xordlngly the flnancial Statements have been prepared on a going concern ba51s. 21 A¢¢ountlng Poll¢o8 {¢ontlnued) Fund accountlng Unrestricted funds are available for use at the dis¢retion of the Directors in furtherance of the general objectives of th8 charity Restrthd furn1$ only be used p¥t1￿lar reStr￿ted wrposes withln the obi8Ctives of th8 charity. These arise funds are Subj￿ lo specffj￿ restrictive conditions Imposed by fundersldonor5 or by the pur￿ of Tho purpose and use of the reStr￿ted funds is set out in note 16. Incom• IrKome 1$ rwnised in th8 yew in entrtlement arises, rKoipt is wobable and ts amount can be reliably measured. Ir￿rne is deferred: where ts charilable (￿MpanY has to fulfil ￿)ndIt￿nS before bec￿ling entiued to tt. where the ir￿1)rne Is rece4ved s￿lI￿allY f￿ expenditure in a fLrture acwjnting period donations. sponsorship and entry fees ￿e re￿iVed in anticipation of an evenl to be held in a future ar￿￿ntIng [￿￿￿1. Pe￿nIary and residuary legacies are re￿nised when there is suff￿ent evidence of entitlement to the legacy, receipt i8 probable aTrJ it can be measured with Suff￿lent reliabilty- Gifts In Klnd and volunteers. contrltMrtlon• St Andrews benefrts greatly from a varw of gifts in kiTrJ and voluntary contribUt￿S. Grfis donated for resale are included as income %then they are sold. Fixed assets donated to the charity are included as donation Ir￿ome at market value at ts time of receipt. Consumables and small items donal&Y for fuThJraising ￿t￿ltreS are not r&ognised in the financkql statements. No amounts are induded in the financial statements for servti5 donated by volunteers. Expèndituré and Irrecoverable VAT Expenditure is induded in the Stalement of FinarKial Activriies an arxruals basis inclusive of any VAT that canr￿1 be recovered. Exp¥KIrtu￿ is alkKate(I d¥ectiy to a particular actNity where costs rdate directly to that actiwty. Where costs cannot be diredy attrilxjt￿j to partKxJlar headwy IW have been allocated to activlileg on a basis consistent ￿￿1h use of the resources. ost of generatlng funds These indude the salaries, direct ex￿￿rture arnl over1￿3 costs of the fundraising leam as W￿1 as lottery and event costs, Investrnent management o)sts and the ¢ost of wr ￿tall operation5. These indud8 th8 s￿arleS, dKect experKliiure and overt￿￿ ￿)sts of the care and support team. Oporatlng lea8e8 Rentals appllcable to operating leases are charpj io the Statement of Flnanclal Actlvttles on a straight line basis over the term of the lease. Pon$i0ft8 The charity owaies a defined C4)ntr1t￿lI0n scheme for the employees of the Charity aTrJ its trading subsidiary. Contribut￿nS are chargwj as an exF*nse to the Statement of Financial A¢t1vil￿5 in the period in whth they fall due. AGGounling Pollces (contlnued) Staff costs The costs of short-tem employee benefrts are recognised as a liability and an expeftse. The cost of any unused holiday entillemenl is recognised in the period in which Ihe employee's servlceg are received. Tem)ination benefits are recognised imm&4iately as an expense ￿en the company is demonstrably committed lo terminate the employment of an employee or to provlde termination benefits Investmont9 Investments (other than Investments in subsidiaries) ar8 Stated at market value at the balance sheet dale. The investments managed by Tilney, See note 10, are held to generate returns and gains for the group and a¢cordingly Is designated as fair value through profit and loss ('FwfpL'I. Under this de$ign8tlon the portfolio is revalued al each period end to its fair value, as determined by reference to quoted market prices wth anygains or losses going through the Statement of Financial Activiti8S. Investsmenls in subsidiaries are stated at ¢ost and the Directors review the carying value annually for indicalKtrns of impainnent. Intsngibl¢ fixad assets other than goodwlll Inlangible assets are ft¢ognised at cost and are subsequenly measured at cost less accumulated amortisation and accumulated impaimient losses. Amortisation is re¢c43nlsed $0 as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Softsvare Shorter of the lrfe of the li¢ense c* 3 years Flxed assets and depreclatlon Fixed assets are slated al cost. Depreclation Is provlded lo write off the cost less the estimated residual value of tangible fixed as9ets by equal instalments ¢)ver their estimated useful economic Ilves as fdlows.. Freehold proF*ty Leasehold property Fixtures. fittings and equipment Motor vehicles 24% Straight line 33% straight line 20%430k straight line 25% straight line Assets under the course of construction are not depreciated until brought Into use. Impairmgllt poliGy Assets not measured at fair value are reviewed for any indication that the asset may be impalred at eath balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unil. is estimated and compared to the carrying amount. Where tho carrying amount exceeds ils recoverable amount, an impaimient loss is recognised in profil or loss unless the asset is carried at a revalued amount where the impaimient loss is a revaluation decrease stockg Purchaged GDods for resale are valued at the lower of cost and net Tralisable value. Donated items of stock for resale are not included in the financial statements until they are sold as the Directors consider il impractical lo assess the amount of donated st￿k held as there is no system in place to record these Items or value them untll they are sold. The value of these goods lo the charlty Is Instead rewnlsed when they are sold in the shops. 23 A¢¢ountlng Pollc•s (contlnu•d) Tax St Andrffirfs Hospice Limitwj is a r¢gstwed ctwity aThJ as swh is a charity within the meaning of sdBlule 6 of the Finance A¢t 2010. A(Lordingly, th8 Hospice is potentially entitled to tax exemption under part 11 of the COrpora￿n Tax Act 2010 or section 256 of the Taxalh)n of Chargeable Gain$ Acl 1992 in respect of income and gabns arisiThJ lo the extent that such income or gain5 are applied axduslvely to charitable wrFM)s8S. The tradlng subsldlary is liable to corporation tax M their thwble wofils. Current tax is wovided al amounts eXp￿ted to be paid (or r￿0Ver&￿) USNJ the tsx rates aThJ law8 that have b88n enacted or subslantlally anacted at the baLqnce sF*t date. Flnanclal Instrum•nts The group has dected lo applythe wovlskms of WN)n 11 'Basic FinarKlal Inslruments, and Se¢tion 12'0ther FlnartLql Instruments Issues. of FRS 102 to all of Its financ&￿ instruments. Calh at bank and In hand Cash al bank and cash in haryj inthd85 cash and Short tomi highly IK4uwJ inv¢stment6 wlth a 6hort malurity held for vAN￿lvj Ca￿.t￿. D•btor• Trade arvj othw debtor8 are re¢owlsed at tha 8elllemanl amount after any tradg dl8¢ount offered. Prepayments are valu&1 at the amount wepaid. Fln8nclal assets, other than at fa* value Itwh profil aThJ bss. ￿ assessed for IndlcaliJr8 of Impaimient at eackn rol￿ng end date. Flnancial assets we impaired vthero there 18 objectlvo evkl8n¢e that, as a regull of one or moro évents that ctturred after the Inilial recLwnltion of the finarKlal asset, Ihe estimated fulurn cash flow8 havo b¢en affe¢te(l. The Impairnient loss is recowlsed In the ino)me and expendilure a¢rJ￿nt. Crodttorn, loan• and provlilon• Creditors. loans arKI rKovisions we re￿gnISed vthere the uyoup ha8 a we8ent obllgatlon resulling from a past event that wlll probably result in the transfer of funds to a third paty and the amount due to settle the O￿lgatiOn can be measured or estimated rella￿y. Credltors. loans and provisions are nO￿allY rewnised at their setlement amwnt after alIty￿ng for any trade discounts due. Flnancial liabilit￿$ wo re￿gniSed blhen, and only when, the grwp's (l￿1g•tiOnS We discharged. cancelled or tsy exph. Amounts recognisod as we best estimates of ¢onsKleration ￿qUired to Settle the present obligation at repTh11ng end date. taklng Into ac¢parI￿$ as f0*y￿. A￿rty• Aw•rao• 20 20 2020 2020 No. Charltsl)1g ¥ty¥￿e8 FuTrJr8i8ir¥J 3hops Mana emert and admlnL8tr01 87 37 19 143 31 15 118 15 145 Th¥ thJgr•gats payyoll of the88 p￿￿n6 2020 W8g•8 8ThJ 8818rf88 Soclal So￿￿ty costs Oth8r pen8kM w818 2W212 19S297 120.198 3156706 2.872.591 190,709 120,1S2 3,183452 The LNrortors do Trjt recdve any par ty) •xpwww• pthI ty) DIr*ty￿(2O20'. £nlll. Dk¢(aor¥ [￿t Induded In tho average nurnberof empkiyee•. Th• numb•r ol hSohw pabj •mthw818 dlK&iwl b•hxt. 20 2020 No. £60,000 to £70.Lf() Empwr ￿n￿bUt[on• Snto a morw purrmm •dwne for IN• £4,85212020: £4,840). The k¢y man89ement wr6orml ol th¢ thgrlty18TrI 9roupl Oir8c*r¥ ?￿1 wnbr monyrnerrt team comprl8e8 7 lThJI￿du&1• 12020: 51. The b)tsl remunernlon ofthe key rn8nagementFaw￿I empkn>vJ by Ihe ￿lIty gro￿) £408,85912020.. £280.2491. P•nilon co￿b￿0￿ of£15,773 **r• ¢Krt8lark11ro at 318t M*eh12020: £16.875 St Androws Ho8plc• Ltd Not•$ to tho Flnanclal Stat•mon¢• for tho Year Ended 31 IAarch 2021 8 TANGIBLE FIXED A&8ETS GROUP Fre•Md Fumilure perty and flttlng8 prop vehlde Co•t At 1 April W20 AddIt￿8 spos¥ls At 31 March 2021 432,564 7.714,801 1,241.364 41, 14,147 92,280 9.480,979 55.747 7756401 1255511 627 Dop￿l•tIOn Al 1 Aprll 2020 Provlded for In the ￿ar sposals At 31 March 2021 381.330 28,996 2.187.738 1,085,498 259,807 73.1KI 92,250 3.746,812 361.993 2447543 1158888 4 037 706 Not book 8ffl¢wnt At 31 March 2021 5 427 921 At 31 March 2020 151,234 5,527,IXS 155.868 5.734,167 CHAR Lwahold propwly Fraam Fumlture propwty aTrJ fltllrvJ8 Totsl vahld88 Co•t A$ 8t 1 2020 la8 pmh)usly 8tato Priw year •Jlustment At 1 Aprll 2020 laB re8t8¢￿) AddIt￿9 DISP￿31$ At 31 Marth 2W21 7,864,801 1.071.876 92,250 8.828,927 7,714,801 1.071.876 41.600 14.147 92.250 8,878,927 55.747 674 D•pr•cladon As at 1 Aprfl 2020189 prwk)u8ly gtst• PrK)r year *llustmenl At 1 Aprfl 2020 las rest8t￿} Prowdad for In thè y 2.169.811 18,125 2.187,736 259.807 928.O)3 92.250 3,189,864 18.125 3,207,989 325.498 928,C¥J3 65.891 92.250 At 31 Marc* 2W21 2 447 543 993 894 3 533 487 N•t book amount At 31 Ilarth 2021 5.308,8S• 92,329 5.401,187 At 31 March 2020 5,527,065 143,873 5,670.938 St Andrew8 Hosplco Ltd Not￿ to tho Flnan¢l•l Stat•m•nts for tho Year Endod 31 March 2021 9 INTANGIBLE FIXED ASS￿8 Group Charlty Sofhvare Totsl At l Aprfl 2020 Addltlons D18Frf)8818 At 31 March 2021 JblQrtl8atlon At 1 Aprfl 2020 Provlded for In thè y88r Dl$posal8 At 31 Morch 2021 87.744 7.805 87,744 7.805 549 At 31 March 2021 At 31 March 2020 11,102 11.102 St Andrews Ho8pl¢e Ltd NotOS to the Flnancial Sta¢•m•nts forthe Year Ended 31 March 2021 10 Inv88tments Cash held In Inv•stment portfollo Group Invmtments InveBlments Totsl Valu8tlon At 1 April 2020 Addltlons Dlsposals Revaluatlons 1,088.136 547,240 {119.527) 161,707 148.859 1,236,995 647,240 {141.277) 161,707 11X).OLM) {21.7501 At 31 March 2021 100.000 1.677.556 1,904,665 Invmtment In •ubsSdlary (Xh•r Ll*t•d ¢ompanl•• Inv•slm•nts Inv••tmonts Cash h•ld In InvMtm•nt portfollo Company Total Cost or v8lu8tlon At 1 Aprll Addition$ Dlsposa18 Revalu81ton8 1.088.136 547.240 (119,527) 181,707 148.859 1,241,990 047,240 (141,277 161,707 11J).O(N) (21.7501 Al 31 March 2021 Tho hLgtorl¢al ￿81 of Ilsted Investments as at 31 March 2021 was £1,550,106 (2020: £1.253,954) Prlnclpal •ub•ldlarl The company owns 100% of the Issued shve Ca￿ of St Andrv•/s Ho8plce ITradlry) Llmlted, in¢orporated In Erwjland and Wale8. Deta113 relatlng lo the ¥ub8kll8ry. and finandal resums Ic* are $tMxvn belw. Company Number Reglstered office Principa actNity Included in Consol￿allOn Income Expendlbjre ProfitllLoss) for the yEar Net Assets 02775847 St. Andrews Hospke, Peaks Lan8, Grlmsby. DN32 9RP Sale of donaled {1.272,770) I372.￿1) (82,644) 31 St Andrews H08pl¢• Ltd Notes to the Flnanclal Statomonts for the Year Ended 31 March 2021 11 Dabtors Group Du• vilthln on¢ yoar 2021 Charlty Du¢ wtthln ong yoar 2021 Du¢ within ong year 2020 Due within one year 2020 as restalgd Trade debtors Propaymants & Accrued Income Other debtors VAT receNable Amounts du8 from subsidiary undertakings 155,006 406.055 276.261 30.185 57,980 724,223 477,691 45,176 155,006 342,120 255,506 18.892 239.174 55,705 653.815 181.347 34.597 94.862 867,507 1.305.070 1.010,698 1.020.326 12 C*¥h at bank. In hand and on d•po•lt Group 2021 Ch•rlty 2021 2020 2020 Interest bearing bank and deposits cash in hand 2,136,892 2,459,707 1,376 2,138,637 2,461,083 2.059.426 680 2.060,106 2,341,854 348 2,342,202 13 Crndltorn: amounts falllng due wlthln on• year Group 2021 Charlty 2021 2020 a8 restated 2020 Bank overdraft Trade creditors Taxatson and social security Accruals and deferred Incom8 Other Creditors Advanced lollery receipts 91,073 6,439 343,203 190.275 104,756 354.274 20,137 64,671 734,113 64,135 156,065 332,864 336,671 109 64,671 557,516 76,536 61 S.250 75,535 472,534 14 Flnanclal In8tnirnonts 2021 2020 Carrylng value of flnanclal a889to Financial assets carried al amortl8ed c08ts Financial assets carried at fair value Carylng valuè of Financlal Llablllt•$ Financial Liobililigs carried al amortised cost 3,004,144 1,804.665 3,766,153 1.236.995 01 $,250 734,113 16 Commltmont8 T¢)tal commitments under nonthcancellable operating leases are as follows: Group and Charlty Land and bulldlngs 2021 Land and buildings 2020 Other 2021 Othèr 2020 Within one year More than one year and less than 5 years In more than 5 years 224,746 524.926 59.083 808.755 6.459 20.254 201,425 419,517 14,058 635,000 5,243 26,713 5.243 32 St Andre￿ H￿p1¢e Ltd Not•$ to tho Flnanclal Statements for th& Year Ended 31 March 2021 16 Statèmènt of funds Group As al 1 April 2020 a8 rest8ted Changes in Translers market value As at 31 March 2021 Income Expenditure Unrestricted funds General funds Investment fvnd8 10.014,304 2,545.336 12.456,499) 34.257 134.25n 10,137.398 127,450 161.707 Total unrestrlcted fund 10,014,304 2.545,336 12,456.499} 161,707 10,264.848 R•strlcted funds Children's Unit Adum Unit Hospw UKINHSE 1.145,052 893 1,244,993 11.145.052) 18931 11,244,993) 2,390,938 12.390,9381 Total funds 10,014,304 4.936,274 14.847,4371 161.707 10,264,848 Unr•strietsd tunds General ftJnds- The$e r9pres*nt thè frea reserves and frxed assets of the tharty that are not designated or restricied for particular Revaluation reserve- this represents thg differènca bèknn the market value ofthe investsnents at 31 March 2021 and thelr cost. Restrlcted fund¥ Children's unil- Any re3tricteil in¢orne is spent durlng the year. It comprises elements of Tradlng Income, together wlth Department of Heatth, Health Authorrty and Commisskjned s&rvtes. Aduns. unR - The amount ￿￿1Ved was a donation for 8 8pe(ifi¢11gm. It was $p&nt wmhln the y98r. Hospice UK- The NHSE awarded funding to allow the hospice lo make 8V8ilable bed caparAty and community support from April 2020 to July 2020 to provKle support to people wth complex needs in the ￿ntext of the COVID-19 situation and to provide bed capa¢ity and community support from November 2020 to March 2021 for the same purpose. 17 Anal￿19 of not •￿*ts bètween funds Fund balan¢e$ at 31 March 2021 are represented by.. Group Nèt eurrent assets Flxed a¥¥•ts Investments Total ReStr￿ted funds Unrestricted fund$ 5.431,218 6,431,218 1,904,665 1,904,665 2,928,965 1928.965 10,264,848 10,264,848 Fund balanc•s at 31 March 2020 are represented by.. Group N•t eurrènt assets as rnstated Flx•d assets In¥￿tMents Total Restricted lunds Unr85tricted funds 5.745,269 5,745,269 1,238,995 1,236,995 3,032,040 3,032,040 10,074,304 10,014,304 St Andr•ws Hosplc• Lld Motes totho Flnanc141 Statom•nts for th• Y¢ar End•d 31 ktsrch 2021 18 Analysb¥ of net cash funds At b•glnnlng of year Ca8hfi¢>w Al •nd of year Cath In hond Cash on short temi d Not cash fund8 1.376 2 459,707 2.461083 14311 324.015 324,446 2 135692 2.136.637 19 Contlnu•nt Ilabllltlos The ￿up had no (￿lIngent Ilabllluos 0131 March 2021 or at March 2020. 20 Capltal Commltm•nts Th• gmup had c8pIt81 ¢ommitrn$nts at 31 March 2021 of £nil (2020: £nill. 21 Related partles DLwlThJ the year the Ch•lty w¥$ $upplled wviix by Flrst Media Solullon3 Ltd, a CoMp￿Y of ￿thIch Mr l Hargr88V08 is Managing Director and shareholder. amountlrttJ to £216 (2020.. £3.5161. Mr Hargreaves was appointed a Tnjstee of the Charitable ts)mp8ny on 21 March 2016. The￿ was no ￿￿StandIng balar￿¢ ot the year end12020.' £420). St Andrthvs Hosplca (Tradlngl Llmltod Is a vtholty sub4dlary of St Andr*#s Hospice Llmit•J. Some of th8 twstees are also directorn of the o)mpany. At the year end, amounts owed by StAThJrthrf$ Hospice (TrddirwJl Limited vmra £239,1741W20: £94,862 ¥$ r88t¥l4dl. l the above transacllons %%w• ear(￿ out at ami's Iwgth. 22 Control The Dir&kn are oflhe oplnkn the Chadty hBs Th) ullSmat8 ccffitrolllrvJ paty. 23 Pwlor year adjustmont Durtrg th& pwjarafjon of tho 2W21 aCC￿n￿lI was kjentlfiod that dlstrlbutions made urKler gift akl from Sl Andre•/$ Hospice (Trading) Llmited to th8 paront charltable company ￿thIn the 2020 a¢¢OLmts should r￿t have been paid as the subsidiary had insuff￿ent r&8erves lo make the distribution. A prior year adjustment has Ih8r8f￿0 bwi mad$ in ro18llon to iho £368.783 grft aid distribution mad¥. Tho gffsct of this im￿¢15 only the Charitable Company ratherthan the Group ￿nS￿idated figures. Amounts due from subsidiary undertakings in Debtus has b¢8n restated from £49S,52010 £126,737. The defiat forth8 charity fortho 2020 year, 8$ disclosed on the Balance Sheet has also bo restatsd fmm a defl¢lt of£196,950 to a defidt of £565.733. A prfor year adlustrnent has al80 been made vlthln the FIna￿la1 Statements of St Andreks Hosp1&8 (Trading) Ltd. Indudlng the tax Impact of thls Bdlustment. The Impact of thls on the Group accounts Is Ihat Taxatlon and Sc¢lal Sewrity credltors have been reststed from £21.230 10 £104,756. Tho cornparatlve defidl fcf Ihe year fcf the Group as $hwi on tho Ststomonl of Flnondal AoUvlUgs has b99n rgStat9d from £196.016 to a deficit of £280,476. 11 was also hlentifi&J that freehold property held on the Balance Sheet of StAThJrvks HospkA {Tradlrol Ltd not istsrèd wth tho L8nd Rggi$ty as ￿Ing I￿￿ed by the compHny. Instsad it was regislwed as beiro ¢Med by the parent tharitable company. St And￿S Hospice Limited. A prior year adjustment has been mad& to rèfi￿* th$ ¢otr•¢t o%wershlp of tho propety In both compan￿, 8¥lan¢e She81$ ￿sU1￿r￿d. Forthe parent charitable company the resu of thls Is in an Increase In charfty fixed assets by £31.875 and a matching decrease to debtors. The￿ Is no Imp¥¢t openlThJ r8s8rv8s Bs 8 result of thls adlustmant