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2021-03-31-accounts

Chairman's Statement
Directors'
and
Trustees'
Annual
Report summary
Directors'
and Trustees'
Annual
Report		 10
Independent Auditor's
Report		 30
Katharine
House Hospice Statement		 of Financial Activities 33
Consolidated Statement
of Financial		 Activities 34
Katharine
House Hospice Balance Sheet		 35
Consolidated Balance Sheet 36
Consolidated Cash Flow Statement 37
Notes to the Cash Flow Statement
Notes to the Financial Statements 39-57

Year ended 2021 2020 2019 2018 2017
Inpatient
bed days		 1,717 2,269 2,454 2,388 2,455
Inpatient
admissions		 125 143 176 180 175
Day therapy
attendances		 Closed 1,853 2,053 1,79'I 2,000
Specialist nurse contacts 486 1,071 242
Community
care contacts		 6,376 6,521 6,806 4,974 5,248
Lymphoedema
treatments		 514 1,685 1,593 1,778 2,486
Telephone/video
calls		 15,992 6,760 4,820 3,861 3,554

ncome from th is source.
A co		 mparison
of perfor		 mance
is sho		 wn
below
Year ended 2021 2020
Katharine
House Retail
Ltd
Trading
income		 165,871 312,155
Job Retention Scheme 4,582 3,138
Expenses (117,229) (236,656)
Net revenues 53,224 78,637
Katharine
House Hospice
Sale of donated goods 1,338,000 4,394,811
Business rate grants 587,001
Job Retention Scheme 778,189 33,851
Expenses (2,794,472) (3,558,057)
Net revenues (91,282) 870,605
Total Surplus / (Deficit) (38,058) 949,242

2021 2020
NHS England Hospice Capacity Funding 1,714,251 0
Coronavirus Job retention Scheme 903,469 42,265
Business Rate Grants 587,001 0

Reserves Policy Reserves Policy Reserves Policy
The reserve
funds of the Charity
are calculated		 from the consolidated
balance		 sheet as
total
net assets
less fixed
assets,		 creditors
over one year,
and		 provisions. These are
summarised
below for the last five		 years.
At 31 March 2021 2020 2019 2018 2017
Restricted 67,519 73,758 93,268 83,254 87,523
Free 1,537,735 628,698 488,213 985,605 1,457,402
Designated:
For income 120,000 120,000 120,000 120,000 147,156
For expenses 1,249,616 617,023 700,664 303,135 63,000
For capital spend 100,000 100,000 200,000 260,000 156,000
Total Liquid Funds 3,074,870 1,539,479 1,602,145 1,751,994 1,911,081
Total Group Assets 4,763,611 3,259,532 3,375,066 3,287,259 3,503,730
Capital assets (2,066,099) (2,184,598) (2,325,277) (1,745,643) (1,811,349)
Creditors
& 1 year		 379,947 463,793 550,238 204,491 205,193
Provisions (2,589) 752 2,118 5,887 13,507
Assets for Funds 3,074,870 1,539,479 1,602,145 1,751,994 1,911,081

Gap Information)
 Regulations
20		 17. The follo wing
table pro		 vides
a summ		 ary.
As at: ~Arll
2021		 ~Arll
2020		 April
2019		 ~Arll
2018		 ~Arll
2017
Mean gender 3.78 - 12.17 — 13.46 — 7.87 - 0.21
pay gap
Median gender — 12.2 — 3.4S - 10.13 — 9.62 - 9.32
pay gap

Restated
Unrestricted
/		 2021 Unrestricted
/		 2020
Note Designated
f		 Restricted
f		 Totals
f		 Designated
f		 Restricted
f		 Totals
f
INCOME
Fundra ised income (3) 1,143,450 106,601 1,250,051 539,087 107,450 646,537
Legacies 245,807 245,807 114,880 114,880
Other trading income (4) 1,710,735 1,710,735 4,919,176 8,091 4,927,267
Charitable
activities		 (5) 1,180,445 1,823,101 3,003,546 3,500 1,302,256 1,305,756
Investment
income		 (6) 9,424 9,424 12,378 12,378
Other income (7) 1,480,571 16 1,480,587 46,246 46,246
Total Income 5 770p432 1p929~718 7700 150 Sp635y267 1~417797 7 053p064
EXPENDITURE
Costs ofgenerating income (8) 3,365,269 3,365,269 3,979,170 3,979,170
Charitable
activities		 (8) 935,195 1,935,957 2,871,152 1,598,726 1,437,307 3,036,033
Interest payable 14,591 14,591 18,944 18,944
Total Expenditure 4315055 1935(957 6I251012 5 596p840 1p437 307 7 034y147
Net gains/(losses) on investment assets 83,128 83,128 (112,537) (112,537)
Net income / (expenses) before transfers 1,538,505 (6,239) 1,532,266 (74,110) (19,510) (93,620)
Gross transfers
between		 funds ( 22 )
Net Movement
in Funds		 1~538505 (6J239) 1532 266 (74/110) (19510) (93/620)
RECONCILIATION
OF FUNDS
Fund balances brought forward 3,450,766 73,758 3,524,524 3,524,876 93,268 3,618,144
Fund Balances Carried Forward ( 22) 4,989,271 67,519 5,056,790 3,450,766 73,758 3,524,524
Restated
Note Unrestricted
/		 2021 Unrestricted
/		 2020
Designated Restricted Totals Designated Restricted Totals
E E E E E E
INCOME
Fundra ised income
Legacies
Other trading income
Charitable
activities
Investment
income
Other income		 (3)
(4)
(5)
(6)
(7)		 1,143,450
245,807
2,006,141
1,500,395
9,433
1,503,524		 106,601
1,823,101
16		 1,250,051
245,807
2,006,141
3,323,496
9,433
1,503,540		 539,087
114,880
5,375,247
329,800
12,402
50,000		 107,450
8,091
1,302,256		 646,537
114,880
5,383,338
1,632,056
12,402
50,000
Total Income 6 408J750 1J929718 8338(468 6p421 416 1417(797 7(839y213
EXPENDITURE
Costs ofgenerating
income		 ( 8 ) 3,677,510 3,677,510 4,438,670 4,438,670
Charitable
activities		 ( 8 ) 1,292,692 1,935,957 3,228,649 1,947,319 1,437,307 3,384,626
Interest payable 14,699 14,699 20,280 20,280
Total Expenditure 4p984 901 1935p957 6p920p858 6 406~269 1p437~307 7 843 576
Net gains/(losses)
on investment		 assets 83,128 83,128 (112,537) (112,537)
Net income / (expenses) before
provisions
and transfers		 1506~977 (6~239) 1500p738 (97390) (19,510) (116,900)
Provision for deferred tax liabilities 3,341 3,341 1,366 1,366
Gross transfers
between		 funds ( 22)
Net Movement
in Funds		 1,510,318 (6,239) 1,504,079 (96,024) (19p510) (115,534)
RECONCILIATION
OF FUNDS
Fund balances brought forward 3,185,774 73,758 3,259,532 3,281,798 93,268 3,375,066
Fund Balances Carried Forward ( 22 ) 4,696,092 67,519 4,763,611 3,185,774 73,758 3,259p532

Unrestricted 2021 2020
& Designated Restricted Total Unrestricted Restricted Tota I
Funds Funds Funds Funds Funds Funds
Note f f f f f f
FIXEDASSETS
Tangible assets ( 16 ) 2,041,828 2,041,828 2,134,117 2,134,117
Investments ( 17 ) 584,106 584,106 499,282 499,282
Investment in Group ( 17 ) 5,602 5,602 5,602 5,602
2,631,536 2,631,536 2,639,001 2,639,001
CURRENT ASSETS
Debtors ( 18 ) 2,564,622 2,564,622 1,253,620 1,253,620
Cash at bank and in hand 531,112 67,519 598,631 439,832 73,758 513,590
3p095 734 67J519 3(163253 1693452 73p758 1767 210
CREDITORS ( 20 ) (358,052) (358,052) (417,894) (417,894)
amounts
falling		 due within one year
NET CURRENT ASSETS 2p737~682 67p519 2p805p201 1275 558 73758 Lp349~316
TOTAL ASSETS
LIABILITIES		 LESS CURRENT 5,369,21S 67(519 Sp436 737 3914559 73p758 3~988317
CREDITORS ( 20 ) (379,947) (379,947) (463,793) (463,793)
amounts
falling		 due after one year
TOTAL NET ASSETS 4,989,271 67 519 Sp056p790 3~450~766 73758 3~524p524
REPRESENTED BY:
Restricted funds (22) 67,519 67,519 73,758 73,758
Designated funds ( 22 ) 1,469,616 1,469,616 837,023 837,023
Unrestricted funds ( 22 ) 3,519,655 3,519,655 2,613,743 2,613,743
4p989~271 67(519 5~056p790 3450 766 73y758 3,524,524
KATHARINE
HOUSE		 KATHARINE
HOUSE		 KATHARINE
HOUSE		 HOSPICE
(Registered
No. 02700516)
CONSOLIDATED
BALANCE SHEET
AT31March 2021
Unrestricted 2021 2020
& Designated Restricted Total Unrestricted Restricted Tota I
Funds Funds Funds Funds Funds Funds
Note f f f f f f
FIXED ASSETS
Tangible assets ( 16 ) 2,066,099 2,066,099 2,184,598 2,184,598
Investments ( 17 ) 584,106 584,106 499,282 499,282
2,650,205 2,650,205 2,6S3,880 2,683,880
CURRENT ASSETS
Debtors ( 18) 521,676 521,676 662,057 662,057
Stock (19) 811 811 1,679 1,679
Cash at bank and in hand 2,383,966 67,519 2,451,485 863,490 73,758 937,248
2,906,453 67~519 2~973972 1I527 226 73 758 1600(984
CREDITORS ( 20 ) (483,208) (483,208) (560,787) (560,787)
amounts
falling		 due within one year
NET CURRENT ASSETS 2,423,245 67,519 2,490,764 966,439 73,758 1,040,197
TOTAL ASSETS
LIABILITIES		 LESSCURRENT 5,073,450 67519 5 140969 3 650(319 73~758 3y724p077
CREDITORS (20) (379,947) (379,947) (463,793) (463,793)
amounts
falling due after one		 year
PROVISIONS
deferred tax liabilities 2,589 2,589 (752) (752)
TOTAL NET ASSETS 4,696,092 67519 4763p611 3 185~774 73~758 3p259 532
REPRESENTED BY:
Restricted funds (22) 67,519 67,519 73,758 73,758
Designated funds ( 22 ) 1,469,616 1,469,616 837,023 837,023
Unrestricted funds ( 22 ) 3,519,655 3,519,655 2,613,743 2,613,743
Subsidiary retained losses (293,179) (293,179) (264,992) (264,992)
4,696,092 67p519 4p763~611 3~185774 73 758 3,259,532
The financial statements have been prepared
in		 accordance
with the provisions		 applicable to companies subject
to the small companies regime under the Companies Act 2006.
Approved by the Board of Trustees meeting
on		 28 September 2021and signed on its behalf by:—
2021 2020
RECONCILIATION
OF OPERATING		 PROFIT TO OPERATING CASHFLOWS f f
Net movement
in funds		 1,504,079 (115,534)
Deferred taxation (3,341) (1,366)
Depreciation 158,709 182,209
(Gains) / losses on investment
assets		 (83,128) 112,537
Income from fixed asset investment Note i (9,376) (12,275)
Interest received Note I (57) (127)
Interest payable
on loans		 Note i 14,699 20,280
Loss / (gain) on disposal offixed assets 1,208 (250)
Decrease / (increase)
in debtors		 140,381 (311,887)
Decrease / (increase)
in stock		 868 17,411
(Decrease) / increase
in creditors		 (74,199) 4,448
Net cash (outflow)/inflow from operating activities 1,649,843 (104,554)
CASHFLOW STATEMENT
Net cash provided
by/(used
in) operating		 activities 1,649,843 (104,554)
Returns
on investments		 and servicing offinance Note i (5,266) (7,878)
1,644,577 (112,432)
(Purchase) / sale offixed assets Note i (141,394) (60,857)
Financing Note i (78,339) (75,045)
Increase / (decrease)ln cash 1,424,844 (248,334)

NOTE
I TO THE CASHFLOW S		 TATEMENT
2021 2020
E E
Returns on investments
and servicing offinance
Income from fixed asset investments
in portfolio		 9,376 12,275
Total income from fixed asset investments 9,376 12,275
Other interest received Note 6 57 127
Interest payable
on loans		 (14,699) (20,280)
(5,266) (7,878)
Financing
Repayments
of loan capital		 (78,339) (75,045)
Bank Loan for purchase offixed assets
78339 75 045
Sale and purchase offixed assets
Purchase oftangible
fixed assets		 (41,668) (41,529)
Sale proceeds of other fixed assets 250 250
Capital payment
on HP		 (8,887) (34,536)
Purchase offixed asset investments (905,072) (813,138)
Proceeds ofsale offixed asset investments 813,983 828,096
(141,394) (60,857)
NOTE li TO THE CASHFLOW STATEMENT - Reconciliation of Net Cash Flow to Movement in Net Funds
Net cash inflow / (oufflow) 1,424,844 (248,334)
Change
in net funds
in the year		 1,424,844 (248,334)
Net funds at 1April 1,046,510 1,278,607
Non-cash
changes		 16,237
Net funds at 31March 2,471,354 1,046,510
NOTE iii TO THE CASHFLOW STATEMENT - Analysis of changes In net funds
As at Cash Non cash As at
1April 2020 Flows Changes 31March 2021
Cash in hand and at bank
Cash in fixed asset investments		 937,248
109,262		 1,514,237
~39,393		 2,451,485
19,869
TOTAL 1,046,510 1,424,844 2,471,354
NOTE iv TO THE CASHFLOW STATEMENT - Analysis ofChanges in Net Debt
As at Cash Non cash As at
1April 2020 Flows Changes 31March 2021
Cash at hand
and in bank		 937,248 1,514,237 2,451,485
Debt due within 1year (85,180) 85,180 (81,800) (81,800)
Debt due after 1year
Cash in investments		 (463,793)
109,262		 2,046
~339393		 81,800 (379,947)
19,869
TOTAL 497,537 13512,070 2,009,607

eciation
is provided
at rates calculated to write off th
cted useful
lives on the following
bases:—		 eciation
is provided
at rates calculated to write off th
cted useful
lives on the following
bases:—		 eciation
is provided
at rates calculated to write off th
cted useful
lives on the following
bases:—		 e cost offixed assets less their estima ted
residual
valu		 e, over th
Charity leasehold
buildings		 2' straight line basis
Subsidiaries leasehold buildings 10-339'0 straight line basis
Equipment, furniture and vehicles 20% straight line basis
General
IT		 equipment 20-503o straight line basis
Household equipment 100%%uo

3. FUNDRAISED INCO ME
2021 2020
Hospice &Group Unrestricted
f		 Restricted
f		 Total
f		 Unrestricted
f		 Restricted
f		 Total
f
Income Sources
Unsolicited donations 53,929 100 54,029 31,490 300 31,790
Solicited donations 888,736 6,617 895,353 384,947 25,708 410,655
Trusts and grant giving bodies 87,306 99,884 187,190 59,919 81,442 141,361
Gift aid on donations 111,515 111,515 57,798 57,798
Other sources 1,964 1,964 4,933 4,933
1,143,450 106,601 1,250,051 539,087 107,450 646,537
4. INCOME FROM OTHER TRADING ACTIVITIES
2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Hospice
KH Promotions
Ltd		 255,387 255,387 221,644 221,644
KHH Development Ltd 3,485 3,485 9,845 9,845
KH Retail Ltd 53,224 53,224 78,638 78,638
Sale of Donated
Goods		 1,064,765 1,064,765 3,354,609 3,354,609
Gift Aid on Sale Goods 273,235 273,235 1,040,202 1,040,202
Fundraising
Events		 60,639 60,639 214,238 8,091 222,329
1,710,735 1p710,735 4,919p176 8,091 4,927,267
Group
KH Promotions
Ltd		 437,761 437,761 443,651 443,651
KHH Development Ltd 3,868 3,868 10,392 10,392
KH Retail Ltd 165,873 165,873 312,155 312,155
Sale ofDonated
Goods		 1,064,765 1,064,765 3,354,609 3,354,609
Gift Aid on Sale Goods 273,235 273,235 1,040,202 1,040,202
Fundraising
Events		 60,639 60,639 214,238 8,091 222,329
2,006,141 2,006,141 5,375,247 8,091 5,383,338

Company Company Group
2021 2020 2021 2020
f E f f
Bank interest 48 103 57 127
Interest from investments 352 352
Dividends 9,376 11,892 9,376 11,892
Tax reclaim due in investments 31 31
9,424 12,378 9,433 12,402
7. OTHER INCOME
2021 2020
Unrestricted Restricted Tota I Unrestricted Restricted Total
f f f f f f
Hospice
HMRC Job Retention Scheme 871,374 871,374 38,511 38,511
Business Rates Grants 587,001 587,001
Miscellaneous 22,196 16 22,212 7,735 7,735
1,480,571 16 1,480,587 46,246 46,246
Group
HMRC Job Retention Scheme (a) 890,125 890,125 42,265 42,265
Business Rates Grants 587,001 587,001
Miscellaneous ( b ) 26,398 16 26,414 7,735 7,735
1,503p524 16 1,503p540 50p000 50,000
(a) HMRC Job Retention
Scheme
Katharine
House Hospice		 871,374 871,374 38,511 38,511
KH Promotions Ltd 9,011 9,011 237 237
KH Retail Ltd 4,582 4,582 3,138 3,138
Embrace Quality Care Ltd 5,158 5,158 379 379
890,125 890,125 42,265 42,265
(b) Miscellaneous
Katharine
House		 Hospice 22,196 16 22,212 7,735 7,735
KH Promotions Ltd
KH Retail Ltd
Embrace Quality Care Ltd 4,202 4,202
26,398 16 26,414 7,735 7,735
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SUPPORT AND OVERH EAD EXPENSE ANALYSIS
Restated
Staff Other Deprec- 2021 Staff Other Deprec- 2020
Costs Costs iation Tota I Costs Costs iation Total
f E E f E E E E
Support functions 479,531 259,521 11,577 750,629 428,630 307,756 11,113 747,499
Overheads 312,056 78,145 7,838 398,039 352,534 87,766 7,896 448,196
791y587 337p666 19415 1~148668 781p164 395,522 19,009 1,195,695
Allocations to:
Patient Care 745,585 775,280
Governance 39,802 35,638
Fundraising 69,844 71,165
KH Promotions Ltd 24,410 21,790
KH Retail Ltd 8,667 8,375
Sale ofdonated goods 236,864 266,554
Embrace Quality Care Ltd 23,496 16,893
1p148,668 1,195'695

Hospice Group
2021 2020 2021 2020
E E E E
Auditors remuneration 13,255 11,280 13,255 11,280
Depreciation oftangible fixed assets 132,499 134,123 158,709 182,209
(Profit)/loss on disposal offixed assets 1,455 1,205 250
Operating lease rentals 366,578 464,250 366,578 464,250
Payments to directors/trustees
Trustee indemnity
insurance		 1,235 1,235 1,235 1,235

KH Promotions KH Promotions Ltd KH Retail Ltd
2021 2020 2021 2020
f f f f
Turnover (including
HMRC		 Job Retention Scheme) 446,772 443,888 170,453 315,293
Direct operating
costs		 (166,592) (200,036) (146,145) (307,378)
Net recharges to/(from)
Katharine		 House Hospice (24,802) (22,232) 25,683 70,692
Gross Profit 255'378 221,620 49,991 78,607
Interest payable (108) (1,336)
Interest receivable 24
Taxation 3,341 1,366
Net profit before Gift Aid 255,387 221,644 53,224 78'637
Distribution
under Gift Aid		 to Katharine House (255,387) (221,644) (53,224) (78,637)
Retained in subsidiary
undertaking
Retained earnings
brought		 forward 9,739 9,739
Retained earnings
carried		 forward 9,739 9,739
The aggregate ofthe assets, liabilities and funds at 31March was:
Fixed assets 24,271 50,481
Current assets 340,116 134,270 1,433,132 289,035
Current liabilities (340,016) (134,170) (1,447,662) (329,775)
Total Assets 100 100 9,741 9,741
Share capital 100 100 2 2
Retained earnings 9,739 9,739
Funds 100 100 9,741 9,741
Embrace Quality Care Ltd KHH Development Ltd
2021 2020 2021 2020
f f f f
Turnover (including
HMRC		 JRS &.Misc Income) 329,310 326,679 3,868 10,392
Direct operating
costs		 (334,001) (331,455) (383) (547)
Net recharges to/(from)
Katharine		 House Hospice (23,496) (17,138)
(Deficit) / net profit before Gift Aid (28,187) (21,914) 3,485 9,845
Distribution
under Gift Aid		 to Katharine House (3,485) (9,845)
Retained in subsidiary
undertaking		 (28,187) (21,914)
Retained earnings
brought		 forward (274,731) (252,817)
Retained earnings
carried		 forward (302,918 274,731)
The aggregate ofthe assets, liabilities and funds at 31March was:
Current assets 117,535 66,231 20,499 27,010
Current liabilities (415,453) (335,962) (19,999) (26,510)
Tota I Assets (297,918) (269,731) 500 500
Share capital 5,000 5,000 500 500
Retained earnings (302,918) (274,731)
Funds (297,918) (269,731) 500 500

Company 2021 2020
Average Whole time Average Whole time
Employees Equivalent Employees Equivalent
Care services 65 52.82 70 54.77
Support and overheads 28 19.99 26.44
Income generation 136 95,31 160 108.27
229 168.12 268 189.48
Group 2021 2020
Average Whole time Average Whole time
Employees Equivalent Employees Equivalent
Care services 84 67.23 90 69.56
Support and overheads 28 19.99 38 26.44
Income generation 143 101,74 167 114.71
255 188.96 295 210.71
The costs ofemployment were:
Company Group
2021 2020 2021 2020
f f f f
Salary 4,252, 153 4,408,439 4,586,657 4,818,346
National Insurance 295,785 293,626 314,389 311,510
Pension 264,931 234,816 273,981 243,907
4e812,869 4,936,881 5,175,027 5,373,763
Bought-in staff 186,455 254,860 188,705 254,860
4p999,324 5,191,741 5,363,732 5,628,623

Long Leasehold Equipment,
Land and Furniture IT Equipment Motor
Buildings and Fixtures an d Softwa re Vehicles Tota I
COMPANY E E E E E
Cost
At 1April 2020 2,748,707 552,782 196,940 98,763 3,597,192
Additions 41,668 41,668
Disposals (123,741) (12,103) (55,525) (191,369)
At 31March 2021 2,748,707 470,709 184,837 43y238 3p447(491
Depreciation
At 1April 2020 794,456 441,974 149,501 77,144 1,463,075
Charge for the year 58,614 50,404 14,833 8,648 132,499
Disposals (123,741) (10,645) (55,525) (189,911)
At 31March 2021 853,070 368,637 153,689 30p267 1,405,663
Net Book Value
At 31March 2021 1,895,637 102,072 31,148 12,971 2,041,828
At 1April 2020 1,954,251 110,808 47,439 21,619 2,134,117
GROUP
Cost
At 1April 2020 3,114,859 594,952 196,940 247,768 4,154,519
Additions 41,668 41,668
Disposals (312,230) (165,911) (12,103) (70,025) (560,269)
At 31March 2021 2,802,629 470,709 184,837 177,743 3,635,918
Depreciation
At 1April 2020 1,151,128 471,123 162,521 185,149 1,969,921
Charge for the year 67,224 50,404 14,833 26,248 158,709
Disposals (312,230) (165,911) (25,145) (55,525) (558,811)
At 31March 2021 906,122 355,616 152,209 155,872 1,569,819
Net Book Value
At 31March 2021 1,896,507 115,093 32,628 21,871 2,066,099
At 1April 2020 1,963,731 123,829 34,419 62,619 2,184,598
FOR T HE Y EAR ENDE D 31 March 2021
(coorlnoedl
17. FIXEDASSET INVESTMENT- Company and Group
2021 2020
f f
At 31March investments were held as:
Bonds 43,618 7.5 77,993 15.6
UK equities and funds 76,513 13,1 120,445 24.1
Overseas equities and funds 391,424 67.0 164,673 33.0
Other assets 52,682 9.0 26,909 5.4
Total Invested
Funds		 564,237 96.6 390,020 78.1
Cash held for investment 19,869 3.4 109,262 21.9
Total Funds
in Investment		 portfolio 584,106 100.0 499,282 100.0
2021 2020
f f
Listed investments
Market value at 5 April 390,020 533,753
Less Disposals at opening book value (proceeds f813,983) p48,423) (838,956)
Less return of capital (16,237)
Add acquisitions
at cost		 905,072 813,138
Net gain/(loss)
on revaluation		 at 5 April 17,568 (101,678)
Market value at 5 April of listed investments 564,237 390,020
Historical cost at 5 April 547,022 497,234
All investments
are held		 in unrestricted funds. The net gains and losses on revaluation are based on the market value
ofinvestment
provided		 by Perspective Managing Wealth who manage the fund on behalf ofthe Trustees.
FIXED ASSET INVESTMENT- Company
The Company's
investments		 at the balance sheet date in the share capital of unlisted
companies		 which are registered in
the UK comprising:
No of
Company shareholding
registration held by KH
no, Hospice 2021
f		 2020
f
KH Promotions
Limited		 03295776 100/ 100 100
Katharine
House Retail		 Limited 03949314 1005' 2 2
Embrace Quality Care Limited 08050417 100'Yo 5,000 5,000
KHH Development
Limited		 08120430 1009o 500 500
5,602 5,602

DEBTORS
Company Group
2021 2020 2021 2020
E f E f
Intercompany accounts 2,100,563 682,772
Trade debtors 162,152 287,826 199,545 329,167
NHS pharmaceutical supplies 16,748 22,039 16,748 22,039
HMRC - tax and social security 68,722 91,201 86,928 91,817
Other debtors 34,613 36,048 35,683 84,196
Accrued legacy income 53,508 53,508
Prepayments 124,066 129,859 125,014 130,963
Deposits provided 4,250 3,875 4,250 3,875
2o564 622 1o253o620 521,676 662,057

19. STOCK
Company Group
2021 2020 2021 2020
E f f f
Boughtin goods 811 1,679
20. CREDITORS
Amounts due in under one year Company Group
2021 2020 2021 2020
Note f f f
Bank Loans 81,800 76,293 81,800 76,293
Hire purchase loan 8,887
Payments on account 114,494 106,973
Trade creditors 158,779 194,472 161,259 213,429
HMRC
Accruals 100,255 72,727 101,186 73,658
Deferred income (21) 11,913 66,925 11,913 66,925
Other creditors 5,305 7,477 12,556 14,622
358,052 417,894 483o208 560o787
Amounts due after one year Company Group
2021 2020 2021 2020
E f f f
Bankloans 379,947 463,793 379,947 463,793
379,947 463,793 379,947 463,793

(Co77 rr7766edJ
22. FUNDS (Cont.)
COMPANY
For the Year Ended 31 March 2021 Charitable Invest- Transfer
Opening Costs of Expenditure ment from / (to) Closing
Fund Generating and Gains / General Fund
Funds Value
f		 Income
f		 Income
f		 Financing
f		 (Losses)
f		 Fund
f		 Value
f
General
Fund		 2,613,743 4,699,530 (3,365,269) (774,051) 83,128 262,574 3,519,655
Designated
Funds
Repairs and Renewals
Renewal of IT		 60,000
100,000		 (7,390) 47,390 100,000
100,000
Training
and Development		 11,000 (3,022) 7,978
Legacy Equalisation 120,000 245,807 (245,807) 120,000
Retail Vehicle 7,550 (108) (7,442)
Loan Repayments
Emergency
Campaign		 538,473
837,023		 825,095
1,070,902		 (14,430)
~150,7850
(175,735)		 (56,715)
(262,574)		 467,328
674,310
1,469,616
Restricted
Funds
Capital and Equipment Funds 33,709 27,808 (32,590) 28,927
NHSE Capacity Funding
Service Funds
Other Restricted
Funds		 14,434
25,615
73,758		 1,714,251
180,576
7,083
1,929,718		 (1,714,251)
(180,127)
~8,989
(1,935,957)		 14,883
23,709
67,519
3 5247524 777007150 (37365269) (2 8857743) 83,128 5,056,790
For the Year Ended 31March 2020 Charitable Transfer
Opening Costs of Expenditure Investment from / (to) Closing
Fund Generating and Gains / General Fund
Funds Value
f		 Income
f		 Income
f		 Financing
f		 (Losses)
f		 Fund
f		 Value
f
General
Fund		 215047212 5 520 387 (39797170) (1750S461) (112537) 189312 2,613,743
Designated
Funds
Repairs and Renewals
Renewal of IT		 40,000
100,000		 (2,103) 22,103 60,000
100,000
Training
and Development
Legacy Equalisation
Retail Vehicle		 11,000
120,000
34,535		 114,880 (3,465)
(26,985)		 3,465
(114,880)		 11,000
120,000
7,550
Loan Repayments 615,129 (76,656) 538,473
Norton
Bridge Development		 100,000
1,020,664		 114,SSO (109,209) 100,000
(189,312)		 837,023
Restricted
Funds
Capital and Equipment
Service Funds
Other Restricted
Funds		 Funds 27,729
36,067
29,472
937268		 65,552
1,342,391
9,854
1,417,797		 (59,572)
(1,364,024)
~ts,n
0
(1,437,307)		 33,709
14,434
25,615
73,758
3,618, 44 7,053,D64 ~3,979,1 D7 ~3,054,977 (112,537) 3,524,524

For the Year Ended 31March 2021 Year Ended 31March 2021 Investment
Charitable Gains / Transfer
Opening Costs of Expenditure (Losses) from / (to) Closing
Fund Generating and and Genera I Fund
Funds Value
f		 Income
f		 Income
f		 Financing
f		 provisions
f		 Fund
f		 Value
f
General Fund 2,348,751 5,337,846 (3,677,510) (1,131,656) 86,469 262,574 3,226,474
Designated Funds 837,023 1,070,902 (175,735) (262,574) 1,469,616
Restricted Funds 73,758 1,929,718 (1,935,957) 67,519
3,259,5 8,338,
6		 ~3,67, D (3,
3,348)		 86,469 4,763,609
For the Year Ended 31March 2020 Investment
Charitable Gains / Transfer
Opening Costs of Expenditure (Losses) from / (to) Closing
Fund Generating and and General Fund
Funds Value
f		 Income
f		 Income
f		 Financing
E		 prov)s)ons
f		 Fund
f		 Value
f
General Fund 2,261,134 6,306,536 (4,438,670) (1,858,390) (111,171) 189,312 2,348,751
Designated Funds 1,020,664 114,880 (109,209) (189,312) 837,023
Restricted Funds 93,268 1,417,797 (1,437,307) 73,758
3,6,D66,839,213 J,438,6 ) ~(3,4D4,906 ~(», 71 3,2597532

&1year 2-5years +5 years
Company &. Group as at 31.03.21 283,391 495,724 155,557
Company 8 Group as at 31.03.20 325,776 702,299 236,481
To next date Total Cost
ofcancellation of Lease
Company & Group as at 31.03.21 809,991 934,672
Company &. Group as at 31.03.20 898,509 1,264,556

Access to the Hospice's care services is based on the assessment
of		 clinical clinical need and the availability need and the availability need and the availability ofprovision. ofprovision. It is possible that It is possible that It is possible that
relatives ofTrustees, senior managers,
and employees
of all Group entities		 may have accessed the Charity's services, but this is not
separately
identifiable
and therefore
not disclosed.
Specific related party transactions
are:
2021 2020
Allison Cape (Trustee of Katharine
House Hospice)		 f f
Midlands
Partnership
Foundation
Trust (MPFT) (relationship:
Employee)
(i)
Contract for the provision of social work services
Infection
Control Training		 21,099
100
Outstanding
Creditor Balance		 as at 31st March
Chris Seeker (Trustee of Katharine
House Hospice - resigned 30/05/20),		 Caroline Bruckner Holt (Medical Director of
of Katharine
House Hospice),
Zia Din (Trustee of Katharine
House		 Hospice) & R Hughes (Trustee of Katharine House Hospice)
County
Hospital
and University
Hospitals ofthe North
Midlands		 (formerly Mid Staffordshire
Hospitals
NHS Trust) (relationship:
Employees)
Provision of pharmacy
services and drug supplies
Provision of palliative
medical consultant
sessions		 46,414
107,783		 57,741
185,799
Contract for the provision ofoccupational
and physiotherapy
services		 26,886 36,247
Outstanding
Creditor Balance		 as at 31st March 30,747 57,011
Richard
Soulsby
(CEO of Katharine
House Hospice)
AL Services (relationship:
Spouse is proprietor)
Spot purchasing
ofcounselling
services		 2,652 5,058
Outstanding
Creditor Balance		 as at 31st March 325
Jennifer Woodyard
(Trustee of Katharine
House Hospice)
Hand Morgan
&.Owen Solicitors (relationship:
Employee)
Provision of legal services connected
with property
transactions		 253
Outstanding
Creditor Balance		 as at 31st March
Stafford and District Bereavement
and Loss Support Service (company		 number 07288186)
(Katharine
House Hospice is a director ofStaffors and District Breavement		 and Loss Support Service)
Donation 1,000