HIGH PEAK HOSPJCECARE (A company limit by guarantee) Dlre¢tors and Trustees Report 4nd Aecounts For The Year Ended 31 Marcb 2021 Company number 2880281 Registered Charity number 1031192 Blythe House Hospicecare
Hlgh Peak Hosplcecare Content$ of the Financial Statements For The Year Ended 31 March 2021 Page Repor¢ of the trustees and dlrectors Report of the audltors 12 Consolldated Statement of Financial Activitle$ 16 Collsolldated and Company Balance Sheets 17 Statement of Cash Flows and ConsolldAted Statement of Cash Flows. 18 Notes to the fln4nclal statemenls 19
High Peak Hosplcetare Report of the trustees for the year ended 31 March 2021 ChAlrm&n's Report This ye. has undoubtedly been one of the most challenging years for the Chari'ty. The Covid pandemic has impa¢ted rit across die whole organisation affecting both the delivery of clinical services and our ability to generate the required levels of income. We have also expcricnccd a significant incrcasc Én demand for Hospi¢e at Homc scrvice following ow. close working and subsequent merger with Helens TIst. As a C'e providcr who puts people and community at its heart, we werc deterniined that we woutd ¢ontinu¢ to suppoit everyone that needed us dcspite the challeng¢8 and rcstrictions placed on us. The scnior management team were quick to I'espond to the i'apidly changing situation. providing leader.8hip and innovative solutions that enabled suppott and care to continuc throughout the year in a Covid safe environtnent. Despite the sev¢r¢ restrictions to income generntion across both retail and n{h.4]Sing our accounts show a healthy surplus ft>r the year. This was largely as a rcsult of various Covid fllLancial support measuirs such as thc Coronavirns Job Retrnlion Scheme, Government Fuiiding for Hospices via Hospice UK and a number of other Covid IElated 'ants and donations. tn terms of i'e8¢rves, the Board of Tiustees continues to regularly revicw reserve levels again.8t current and future financial requii'ements. In the Boards view. given the continuing impact of Covid, uncertainty around cole commissioning and a Significant increase in demand foi. ow. Hospice at Home seLvice, it remains justifiable and pnldent to hold thc Icvel of i'eserves shown in these accounts. l am pleased to once again be able to report that the hospice has suffici¢nt reserves to continue to meet its ch.1ble obligations and i'emains financially sustainable. Througbout Covid, the Board of Trnstees continued to meet quaitci'ly lo review ¢linical activity, illanagement, HR and fllvdnee against our strategic aims and goals. Services, Environment. Workforce and Finance. and that we continued to meet our Mission Statement. Tn]stees also supported the Covid senior management group providing both operational and stratcgic management in i'¢spollse to the impact of and regulatory i'cquiremellts of Covid. As a Board, we remain comJnitted to effective leadei'ship, strong govciTrance, i'egulatory complian¢¢ and fulfilling ow. legal, custodial and moi'ale iesponsibililics as Trustees. We regularly cover other areas includillg board dev¢lopmenL trainin& risk and strategic plallnillg. The AGM in December 2020 saw severni changes to trustees. John McNamara another long-standing trustee retii'ed from the Bow'd of Tii]stees after 27 years. John a chartered accountant served as Treasw'ei. and Finance Trustee and was key in establishing strong financial governance, cnsui'ing the hospice had good levels of rerVeS and was financially Yustainable. On behalf of the Board, l extend our genuine thanks to Jol)n and wish him all the best ÈII thc futurc. Following the m¢rg¢r with Helen's Tiwt, Dr Louise Jordan, Roger Eccleston and Sarah Rowland wer¢ all appoillted to the Board of Tii]stees. l ain delighted that Di. Louise Jordan a'ted to be aDeputy Chaii. and supportthe development of seLVLces in the Derbyshire Dales and tl)e Hclen's Trust legacy. Finally) this has been a year of m2ny challcnges and l am imm¢nscly proud and grate1 to everyone involved with BlytEL¢ Housc Hospicec8 and Hel¢n's Trust foi. your support and loyalty dOUghoUt the past year. Tt has never beell Jnoi'e appropriate to thAnk a trnly dedicated and outstanding teaiii of Janet Dunphy CEO, senioi. managei's, staff, our many loyal and dedicated volunteers, suppoIXe¥s, dotLOi'S and corporate sponsors. We continue to be both extremcly fortunate and privileged to have eXpIenced your unwavcrillg commitment and belief in the Valu of Blythe House Hospicecare and Helen's Tnt throughout this Ye.. Timothy J Mourne Cbair. Board of Trnstees
Hlgh Peak Hosplcecare Report of the tru5tee5 for the year ended 31 March 2021 Our Purpose The purpose of the charity is lo promote the relief of sickness and i'elief of people in need living in Deybyshire, Cheshire and Staffordshire. OrgAnlsatlonal Alm The principal activities are the provision of palliative care and support to pcople with cancer and other life limiting illnesses, and thc cxtcnsion of support to their families and carers. Mlssion Statement Blythe House Hospicecare has a clear Fnissiots statement which provides overarching guidanee on the purpose of the organisation as follows.. Blythe House Hospicecare provides the bighest levels of care alld support for people witli Wdneer and other life limiting illnesses. Str4teEl¢ Objectives High Peak Hospicecare (Blythe House) cxists to provide support and palliative care in the community of thc High Peak and Derbyshire Dales for people with cancer and other life liniiting illnesses and to offa. suppoit to their families, cai'ei's and those who have beell bereaved. Values The strategic plan for Blytlic House Hospiceclre was reviewed in 2019 and it d¢tsils clear values for the workforce of being.. Cai'ingy Aspirational 2nd Professional. The stratcgic aims of the organisation are to..
Deliver services which support all life limiting illnes.qes. Maintain hi professional standards and organisational cohesivene88. Support people and their fatnilies to die al home, if that is tlieir wish. Increase collllnunity resilience and conu¢¢tivity by developing our voluThteer workforce and clinical partnerships. Furtber develop a range of income Ststan. Build community r¢lationships to increase financial and clillical cffi¢i¢ncy. The organisational strategy is du¢ to be reviewed in January 2022. Current Climate and Challenges: COVID-19 Changed the clinical and economic landscapc. Illcrcas¢d deaths and inci'eased anxicty have directly conElated with arl itLcreased volume of care delivci'ed. The Hospice at Home service has doubled their elinical output during the last eighteen months. Rea¢bg out to the community and enabling resilience bas never been rnore important. Digital support became an everyday practic¢ for all l)ospice professionals and the isolation and fcar of th¢ mmunity has been ameliorated by Blytbe House Hospicecare's Community Volunteers services and the 'Hei'e to Help, campaign which began April 2020. Thi% was followed by a campaign of 'Here to help- Here to Stay. which was designed to reassure our community duiing un¢ertain times. The retail sector was unable to fvnction fortbe fst five months of the year and all physical fi)ndraising events were cancelled during this time.
Higli Peak Hospi¢ecare Report of the trustees for the year ended 31 March 2021 Funds from central government for Personal Protcclive Equipment havc continued, to cover an increas¢ in Hospice at Home hours, to exÉetLd thc Cointnunity services in the High Peak and into the Derbyshire Dalcs and to support a new patL¢nt database. Funds wei'e also brokered by Hospice UK from centra governmentto support hospi¢e8 UP to July 2020 and loeal authority grants were made to theretsil scctor. The grants received during the COVID pandemic ensures that as a small charity relying on 79 /0 public nding we have avoided a deficit budget. The clinical and economic future remain8 Ull¢Crtain. Clinical needs will increase and will tteed to I mel in new ways, funds will netd to be raised differently> 2nd as an organisation, Blythc House Hospicecare has become more digitaliscd and i'emodelled thcir scrvices ID preparation for a different future. Blythe House Hospicecare operat&s within a ¢ompettttve funding environment which has now moved back into austerity measures. NHS refoiins will sec Clinical Comtnissioning Gi'oups replaced by Intcgratcd Cal'e Systems. Approximatcly I'/0 of an area's populalioll will die each year, in Derbyshire this equates to approximately 7,500 individuals. Research suggests that 750/0 of deaths would benefit from end of life care. Threc-quarters of people would pref¢r to die at home, but acros8 England, the Inajority often die in hospital. In addition, people have an avcrage of 3J/i hospital admissions in tbe last year of their lifc. Howcvcr, 2020 has seen thc lcvcl of non covid deaths rise lo the level allticipated for 2030 reaffllYnit)g thc nc¢d to increase ConnunIty capa¢ity by providing the 8ervices of hospice at home and ¢ommunity volunteers. The NICE Quality Standards on End of Life Care defines that peopl¢ are 'approaching the end of life, when they are likely to dic within the next 12 months. Currently, a number of Services are commissioned that support individuals at the end of their life, and these include 8peciali8t end of life care servi¢¢s, general health and social care setvi¢es and voluntary sector service%. Pcople at the end of life have special needs that often poorly met, especially out of nortnal surgcry hours (two thirds of thc wcek), or while on an acutc busy mcdical ward. Care should be Tanged around the needs of the patient rather than the need8 of the service and care should be delivered by cai'ei's who have a good level of knowledge, care 2tLd eompassion for end of life care. Patients and theii. families should be able to identify and contact those who deliveT their care and arc should bc debvered with continuity. Thc Hospice at Home service cotnn]enced 2016 and haq been able to provide these services and nieet the needs outlined and this scrvice continues to develop in both scope and impact. Service users Can a¢c¢ss diffcrenl services according to th¢ir llceds at every stage of their illness. The Lompreh¢nssve scrvices at Blythe House Hospi¢e¢arc provide a continuity of care which is vital for people suffeiing the effects of the diagnosis of a lifc limiting illne&s. The national cancer registy reports that di¢rc ai'¢ 3 million people IAVU]g with cancer ill the UK. By 2025 they cstiiiiate thei'e will be a filltli¢i' inci'ease of 500,000 bringiiig the total to 3.5 million. Tl)is rigure is likely to 'OW lo 4,OOJ,000 by 2030. Servlce8 Blythe Housc Ilospieecare offers supports and sp¢¢ialist clinical care from pre-diagnosis througb to b¢reav¢ment. The main activities of Blythe House Hospicecare are.. Clinical hub delivering structured progranhm¢s of clinical careClini¢al outreach services Hospice 8t Home Medical services. A consultant palliative medicine clinic is provided by Dr Sarah Parnacott on a weekly basis in ljne with standards fi'om National Institutc Clinical ExcellenrK.
Hlgh Peak Hospleeeare Report of the trustee$ for the year ended 31 March 2021 Infom)ation and support Counselling for adults and childrcn Prc and Post bereavement. Support r)Up8 foi. life limiting disease. including cancer. and neurological dise&ses. Bereavement support groups Carer's support clinic and gtx)up. Family support events Out- patient cliDiCS Internal and external prOarnmeS of education, including workshops. Mindfulness groups. A wide Iattge of complementary thcrapics Itt house spiritual Care supporL The clinical services havc becn designed and al'e delivered to meet the needs of people affected by life limiting illn¢55. Evidence fi'om iElevant Clinical Commissioning Groups has becn arAalys¢d to shape services which meet the needs according to th¢ dis¢as¢ profiles of Ibe demographic. The range of problems for those affected by life lllnititig illness is wide. the wide range of services delivered reflects this. Cllnlcal Governance The quality initiatives aim to improve the structurei proces8 alld outcomes of healthcare. They ar¢ not a set of targets or mandatory indicators for perforniance management. Healthcare is nc¢ds di'iven and commissionu's rcquir¢ levels of activity to design and plan care. Numerous clinical tools are ill place to measwe th¢ impact of the services. The clinical tools and quality initiatives used are: Integrated patient outcomes seale {IPOS) Evaluations which i'e¢ord the setvi¢e usei s views on the timeliness of respollse? quality of carc, thc impact of care on levels of satisfaction, anxiety and fatigue. Electronietools which collect data to demonstrate whether the patient's prefen'edplace of death has been achievcd and whicli phas¢ of illness each patient is in at the time of referrdl and review. Hospital anxiety depressions tool (HADS) Shcffield profile for assessment and refe[ for care. (SPARC) Measure yourself concerns and w¢llb¢ing (MYCAW)
High Peak Hosplcecare Report of the trustees for the year ended 31 March 2021 Levels of Activity Clear processes 'e in place to colleet and report data to i'clevant stakeholders, such as Clinical Comm1]0n1ng Gmups {CCG) and to accuratcly produce repoits whicli detnonstrate tbe levcl of activity, clinical impact and social valu¢ of all scivices. Reports conlainsng this information are produced quarterly foi. the Boai'd of Tiustees. atUallY for the CCG and at inspection for the Care Quality Commission (CQC). The CCG CaleS out a quality review quarterly. The last CQC inspection took place in August 2021. This report state8 that Blyth¢ House Hospicecare is perforniillg well in all ai'eas. with a number of areas described as outstanding.. Organisational processes are structured to ensure good governance and include setting alld measurillg against clear quality markers set by National Institute of ClinicLAI Excellence., namely.. Provide information a¢ the time of need forpatients and their loved ojjes. Improve quality of life. Reduce hospitul athnissions by providing care which avoids crisis admissions. Expedite refraIS home from hospital by sllpporting discharg¢s, Support carers lo support their loved ones in times of crisis Reduce the need for GP visits and preseiiptions by providing Clinical support and improving self-relianee. Sllpport people to have their care and death in the place of their choice in line with national strategy. Clinlcal Impact. Robust data eolleetion, reporting atsd analysis are integrated into all organisational clinical procedures which enables the trnstees of Blythc Housc Hospice to consider and me2SUI'¢ tbc impaet that it has on its benefiei2ries. Eviden¢e of quality is required to prove patient satisfaction, i.e., .800/4 increasing year on ye. lo inci'ease annually by 50/0 to all upper threshold of 900/0 Soclal Value The management team of Blythe House Hospice closely engages with all other service providers to strengthcn tho conncction between local services to myximisr th¢ impact of the community they serve. This level of engagement ensures that the workforce of Blytbe House Hospice maintains 4 high level of understanding of the wider context in whi¢h tl)c oi'gani8ation opei'ates. Partnerships, elinieal and community liaisoll impact greatly on incrcasing the social value of the services provided: Blythe House cotmnunxeat¢s opcnly and clearly to the commullity il s¢Ncs. Volunteers The level of engagement is demonstrated by the recruitment of 300 volunteers who support all areas of activity. Blythe House Hospice reeognises and irwards the skills and comlnitment of the volunteers, workforee. An open culture of communication fosters strong commutsity links and deep levels of understanding with regard to organisatkonal aims and 2etiviti¢s and the money raised from the comrmunfftty is spent on Ine¢tinE th¢ nccds of th¢ community.
Hlgh Peak Hospleecare Report of the trustees (or the year ended 31 March 2021 The Community Volullteei. service which was launched in May 2018 to recruic and train volunteers lo work alongside other professionals I their homes has bcen much nccdcd and appreciated dwing the unpredicted pandemic. Thei'e are 48 active volunteers io date. The evaluations fi'om service users and volunteers have been excellent. This scrvicc addresses thc problcms which oftcn fall between the ¢rileria of health and social care services and provide invaluable support, incrcasing comtnunity resilience. Since the mei'ger with Helens Tnt it has been ¢xt¢n(kd into the Derbyshire Dales, Supporting the Workforce Educational prograllllnes are desigrLed to ensure the workforee are SUPPC*rted and trained to a high standard, in line with thc Care and Quality Commission. Robust recruitment procedures arc in placc and.%taff al'e inonito¥ed and appraised in order to maintain standards and reach organisational strategic aims and objectivcs. Staff satisfaction surveys take place amiually and Consistently demonstrat¢ the highest levels of satisfaction. Shorl Term Objectlves Embcd di¢ rcm()delled services into the local healthcare systems post lockdown using a hybrid approach to contact methods. Exnb¢d new elinical database across the organisation utilising the improved functionality to mwui'e and evidence outcomes. Support workforce post tranSfOrn0n of services to inci'ease clinical efficacy and staff satisfaction. Continue organisational representation at regional and local levels to assure appi'opriate clinical pathways and commissioning continues with llew NHS system8. Long Term Objectives Ensure sts'ong integration within new health social eare systems. S¢cure higher level of core commissioning foi. services, particularly hospice at home and revised servi¢e sp¢cificalions/contracts. Further develop collaboration with Glossop and PTovid¢ seAViCCS in partncxship wh¢ n¢¢ded and sustainable. Continue to be a major contiibutor and strong influencer to increasing comjnunity capacity for elld of life care. Uphold local charity values alongside NHS I'efornjs in line with ch11able objectives. Continue to support the workforcc in tenns of compet¢ncics and rewarding eareer8. Further utilise technology and increase digitalisation acros5 the whole c>i'gauisation in particularly income generation. Flnxneial Review The tsvstees considei. the financial position at thc year-end to be robust as the charity has signiftcallt reseiw&s, cash alld illvestmenls. This cnables us lo plan for the fumre with ¢onfid¢n¢e. Dui'ing the year we have 5 Iok surplus. The rcsult for th¢ ycai. was bettei. than expected due to increased incomc of £493k from central government via Hospice UK in respO$e to th¢ pandemic, and from the CCG aftcr orEanisational appeal for financial support to m¢¢t thc growing numbcrs of people support¢d to die at home. The retail sector was unable lo trade for 7 months of the year which led to retail takings being 500/0 bchind budget. simil'1y, lockdown meant that many fundraising events were cancelled tlierefore fundrnising income ended the year at £77k The increasing need for Hospice at Home means that we are forecasting an outflow of resources of 475k in the year to Mai'ch 2022.
Higli Peak Hospieecare Report of the trustees for tho year ended 31 March 2021 Our principal funding sources for the year were donations and Icgacies 280/0. CCG contract 280/•,' Hospice al Home funding 130/0 J grants 7 /0,. trading activitics 330/0 aDd other aounts 11)/o. All of these amounts wele used lo support the delivay of S¢LVi¢¢S to patients. The principal risks and uncertainties facing the charity are the funding Climate within healthcare whtch rcmains challenging both because ofthe lackof agreed long t¢rm conts'ibutionto funding from the CCG- thc changing prioi'ities of the NHS wkneh we have to support. and secuting colltilluing funding for our Hospice at Home service. As detailed above evidence of thc cfficacy of our services is supplied to the CCG to help ensur¢ Continued commitment to funding. Total funds h¢ld al thc end of thc pcriod were £2,763k of which gen¢ral reserves were £l,188k at r¢stri¢led reserves £176k Designated reserves of £1,344k are held to support thc tangiblc fixcd assets which are essential for ourcharitable activities and to launeh our E4ospice at Home sei'vice. The Hospice at Home designated funds of £475k are expected to be spent in thc y¢ar to 31 March 2022. The truste&s in conjunctionwitb tbe reserves polieymayeottsiderdesignaling a furthei. amountfrom general res¢rves to Hospice at Home. The tangiblc fixed asset designated fund of £871k can only be realised by the disposal of tangible fixed assets. Gen¢ral rescrvcs are heldto enable the charity to continue its work efftiV¢1Y and 8camlcssly if illcome l¢vels fall, to fund capital projects, to contribute to general expenditure in timL% of growth and change and lo give flexibility to respond quickty to new deinands at]d takc oll innovative projects. The reserves policy is to hold genei'al i'eserves of 4-6 months of budgeied unresti'icted expenditure. This level is CUentlY exceeded and the trustees have detern]ined that they should allow unrestricted reseLves of12 months of budgeted unrestri¢led expenditurc duc lo the urlceitainty around funding levels and Ille competing d¢tlland5 on th¢ charity arising from tbe ongoing pandemic. Investment Po15cy Thc tiustees take a conservative policy with i'egard to investments because of the changing nature of the NHS and also because they are conscious that the piimary sour¢es of funding al'e public money and fundillg raised by fi]ndraisers and volunteers. Av2ilabl¢ funds are therefore kept ill cash deposits or in short tenn bonds. Non-finan¢ial consid¢i'ations are t)ot cu]Yently pt of ow. asse&sment of deposit takers.
Higli Peak Hospicecare Report of the trustees for the ye*r ended 31 March 2021 Reference And Admlnlstratlve Detalls Name ofthe Cbarity High Peak Ilospicecare Worklng Name Blythe House Hospice Company Number 2880281 Charity Number 1031192 Registered Oftlee Blythe House Eccles Fold Cbapel-en-le-Frith High Peak SK23 9TJ Audltors Mitten Claike Audit Limited nd 2 Flooi. St George's House 56 Petcr Street MaELchestei M2 3NQ Bankers Yorkshire Bank 15 Market Place Ma¢¢lesfidd SKIO IAG
High Peak Hospicecare Report of the trustees for the year end¢d 31 March 2021 Dlre¢toYs and Trustees The directors of the Ch'Itable company (the charity) are its tnjstees for the purpose of charity law. The trustees and officer.q Serving during the year and since the year end were as follows.. TJ Mourne FCCA- Chaiiinan DM Butler Bsc (Econ), FCA JS Dunlop JM McNamara BS¢ (Econ), FCA (resigned 911 Ir20) LH Middleton LL.B {1'¢signed 711212020) S Kiug (resigned 2212121) M Hardmall B M¢Gee N Cappci. A cawll E Pi7ychodzki S Parnacott R Eceleston (rCSied 216121) L Jordan (appointed 7112120) S Rowland {appointed 7112120) Company Seeretary S Rowland (appointed 7112120) LH Middleton LL.B (resiETkcd 7112120) Senlor ManagellDent Team Alislair Rogerson (Business Development Manager) Shane O'Reilly ( Clinical Services Manager) Wendy Bl'own { IqR Advisor) Victoria Wild (Volunteei. and Support Services Manager) Ruth Brown (Senior Hospice a¢ Home Manager) Jill Davies (End of Life Care L¢ad) Chief Executlve Offieer (CEO) J Dunphy RGN, MA, Bss, Cert Ed, Dip Palliative c'e Structure, Governance and ManageJDent Governlng Documellt High Pcak l.lospicecare is a compally litnit¢d by guarantee governed by its M¢morarLdum and Ilrticles of Ass(Kialion dated 16 October 2006. IL is regislered as a charity with the Charity Commission. Appointment of Trustees New trustees are ideutified through targeted recruitment. p¢rsonal rccon]mendation alld exisling volunteer ileS. Trustees are appointed at the annual general meeting in November. Trustee Induetloll and Tralnlng All Trustees undergo a programme of induction which covers awai'eness of thcir legal obligations and responsibilities under charity and company law, the sttucture> governance and management of Bl5rthe House Hospice in¢luding the role of the Board of Trustees and eommittecs, ut]derstanding of the aims and objectives of Blythe House Hospice and a tailoi'ed indllction day at 141ythe House, meeting with senior staff and observing day io day activities. On an ongoing basis, the board as a whole undertAkes fornial tt'aillittE alld dcv¢lopmcnt scssions throughout tbe year. Org*nl$ation The board of trustees, which can have up to fourteen members, adniinisters and has overaLt responsibility for the chariry. The board ftornially meets quarterly and there al'e sub-committees covering clinical, finanee, income genei'atlOD and remunei'ation. The CEO is appointed by the trustees lo manage the day-to4&y operations of the chty.
Hlgh Pe&k Hospicecare Report of the trustees for the year ended 31 March 2021 Related Parties None of our trustees receive remuneration or other b¢nefit from their work with the charity. Any ¢onnection between a trustee or senioi. manag¢i' and any supplier must be disclosed in full to the board of trnstees. In the current year no such related paty transactions weiE disclosed. The chaiity's wholly owncd subsidiary, High Peak Hospicecarc Trading Co Ltd, is established to operate our shops. It gift aids the majority of its pi'ofits to th¢ ¢harity. Pay Policy for Senior Staff The directors consider that thc board, who are the charity's trustees, and the CEO comprise the key management personnel of the chaLity in charge of directing and controllingj running and opcrating the charity on a day to day basis. All directoiE give their time firely and no director received any remuneration or expenses in the year. The pay of scnior staff is reviewed annually and normally inci'cased in line with NHS Agenda foi Change guidelilles. Trustees Responsibilities in Relation to the Flnanclal Statements Thc charity trustees (wbo are also the dircctors of High Peak Hospicecare for the purposes of company law) ai'c i'esponsible for pi'eparing a tiustees annual rcpoLrt and fin211cial statements in accoi'dallce with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requiLfS the charity tjustees to prepare financial statements for each year which give a ttue and fair view of the state of affairs of the charitablc company and the 8roup and of the incoming resources and application of resow'¢es, including the iticomt and expcllditLU'C, of the chaiilable 'Ollp for that period. In preparing the financial statements the tsustees are required 10.. sclcct suitable accounting policies and apply them ¢ongislently' observe the methods und principles of the Ch'itIeS SORP. make judgements and estimates that are Teasotvdble and prndent., state whether appIlble UK accounting standal'ds have been follow¢d, subject to any material departurcs dis¢losed and explained in the financial statetnents prepare the financial statements on a going concein basis unless it is inappropriate to presume that the charity will continuc in business. The trustees are responsible for keeping proper accounting reconls that disclose with reasonable accw'acy at any time the financial position of the charity and to enable them to ensure that the financial statenienls comply with the Companies Act 2006.Th¢y arc also i'¢sponsible for safegU.ding the assets of the charity and the gi'oup and hence take i'easonable stcps for th¢ prcv¢ntion and detection of fraud nd other in'egularities. io
Higb Peak Hospicecare Report of the trustee5 for the year ended 31 March 2021 Statement as to Dlselosure to Audltors In so f8r as the tSte¢S are aware at the time of approviThg OUT trstee,8 annual rcport.. there is no ielevant infomiation, being infonnation needed by the auditor in connection with preparing theii. repoit, of which the '0p,S auditor is un2w2ff, and The trustees, having made eJ4uiri&s of fellow directo and the 0up'S auditor that they ought to have individually taken. have eaeh taken all steps that helshe is obliged to take as a diiector in order to make themselves aware of any Televant audit infom)ation and to establish that the Auditor is Aware of that inforniation. f the board of truste ourn¢ li
Hlgli Peak Hosplcecare Report of tbe independent auditors to the trustees of Hlgh Pegk H05pieecare for the year ellded 31 Mareh 2021 Oplnlon We have audited the financial statements of High Peak Hospicecare for the year endcd 31 March 2021 (which comprise the Consolidated Stalcmcnt of Financial Aetivities, the Consolidated and Par¢nt Charitable Company Balance Sheets, the Statement of Cash Flows and Con801idat¢d Statement of Cash Flows and the related notC5) on pagcs 16 to 31. The financial reporting frameworkthathas been applied in their preparation is applicable law and Unit¢d Kingdom A¢¢ounting stand'ds (United Kingdom Gcllerally A¢eepted Accounting PIBctice} including Financial Rcporting Standard 102 "The Financial Reporting Standard applicablc in th¢ UK and Republic of Ireland" Oplnlon on flnanclal statements Lll our opinion the fiualleial statements.. give a true 2nd fair view of the state of the gri)up's and the parent charitable ¢ompany's affairs as at 31 March 2021, and of the group's incoming resources and application of resources, in¢luding its in¢ome 8nd expenditure, for the ycaT thcn ended. have been propei'ly prepared irL accordan¢c with United l<ingdom Generally Accepted Accounting Pi'acti¢e', and have been properly prepared in accoixlance with th¢ i'equiremcnts of the Companies Act 2006 and the Charitics Act 2011. Basis for opinion We condu¢led our audit in aecordance with Intelnational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibililies under tbose standai'dg are further described in the Auditors i'¢sponsibilities foi the audit of Ihc fujancial stst¢ments section of our report. We are illdependcnt of th¢ hw'itable coinpany in accordance with th¢ cthi¢al i'equirements that are relevant to our audit of the group fmnci21 statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical rcsponsibilities in accordance with diese requirements. We believe that the iudit evidence we have obtained is sufficient and appropriate to provide a basis for our opillion. Conclmslons i'elatlon to golng concern In auditing th¢ financial statements, we have collcludcd that th¢ truste¢s' use of the going concern basis of accounting in the preparation of tbe financial statements is appropriatc. Based on the woi'k we have perfornled, we have not identified any mateiial uncertaintics lating to events or conditions tl)at, individually or colleettvely, may cast significant doubt on the Charitable company's ability to continuc as a going con¢ei'n for a period of at least twelve months fi.om when thc financial statements al'e authorised for issue. Our responsibiliti¢s and the responsibilities of the trustees with i'especl to going concein are des¢ribed in the relevant sections of this i¢porL other finformatio Thc trustCCS ore responsible for the other infomiation. The oth¢r infomlation Comprises the inforniation included in the annual report, other than the financial statements and our Report of the Independent Audiiors Ihereon. Our opinion on the financial statements does not cover the other infom)ation and we do not express any form of a&8urance conclusion thereon. 12
Hlgh Peak Hospiee¢are Report of the Independent Audltors to the trustees of Hlgh Peak Hospicecaye for the ye8r ended 31 MAreh 2021 connection with our audit of the financial stsleJneiit8, our rcsponsibility is to read the otlLer information and, in doing so, consider whether the other infornLation is materially inconsistent with the financial statements or our knowledgc obtained in the audit oi. otheiwise appea to be materially n)isstated. If we identify such material inconsi8lencics or app.ent material misstatements. we are requlled to determine wh¢iher there is a material misstatcmcnt in the financial statements or a malcrial misstatement of the other infomiation. If, based on the work we have perfomed, we conclude that theIe is a mateiial misstatemellt of tl)is othcr inforn)ation, we are rcquired to report that fact. We have nothing to report in this regar<L Opiuion on other matter prescribed by the Companles Act 2006 tn our opinion, based on the work und¢rtak¢n in the COULse of the audtt.. thc information given in tbe Trnstees, Annual R¢poil, which includes the Directois, Report and the Sts'ategic Report foi. the financial y¢ar for which the f]nallcial statements are pi'epared is consistent with th¢ finatscial statcmcnts,. the Trustees. Annual Report has been prepared in accordance with applicable legal requirements. Matters on Ivhlch we are required to report by exceptton In the light ofthe knowledge and utkdeiEtanding of the charitable company and its environment obtained in the cow'se of the audit, we bave not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following mattcrs where the Companies Act 2006 and the Charities Act 201 I requires us to repoit to you if, in our opinion.. the parent Charitable company has not kept adequate and sufficient accounting records, or rettLinS adc(pate foi- oui. audit have not been received from branches not visited by us; oi. the parent charitable company financial statements are not in agreement with the aeeounting records and rett]rns' or certain di8elosures of tiustees, remuneration specified by law are t]ot madc,. or we have not received all tb¢ illforniation and explanations we require for our audit. or the tsuglees w¢rc not cnlitl¢d to preparc the fillancial slalements in accoi'dance witli the small ¢oinpanies' regime and lake advantage of the small companics, cxcmptions in preparing th¢ Repoit of the Trustees. Responslbllltfies of trustees As explained more fvlly itt the Ttustee's Responsibilities Statcment {8el out on page 10). the trustees (who are also the directors of th¢ ¢haritable company for the purposes of company law) are responsible foi the preparation of Ihc fancIal slatemcnts and for being satisfied that they giv¢ a true and fair view, and for sueh inlcinal control as th¢ trustecs detein)ille is necessary to enabl¢ thc preparation of the financial statements that are free from material misstatement, whcther duc to fraud or error. 13
Hlgh PeAk Hospleecare Report of the independent auditors to the trustee5 of High Peak Hospicecare for the year ended 31 March 2021 In preparing the financial statements, the tNstc¢s arc rcsponsiblc for ass¢ssing the group's 2nd parent Chtable company's ability to continue as a going concern, disclosing> as applicablc, matt¢rs relatlll8 to going eoncein and using the going coneern basis of accounting unless the trustees eithei. intend to liquidate the '0up or the parent charitsble company or to cease operations, or have no realisti¢ alternative but to do so. Audltor's responsibilities for the audit of the flnanclal statements We have been appointed as auditors und¢i' Section 144 of th¢ Chaiities Act 2011 and report in ae¢ordance with the Act and i'elevant regulatiolls made or having effect thereund¢r. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from mateiial misstatement, whether due to fraud or errol., and lo issue a Report ofihe Indcpendcnt Auditors that includes oui. opinion. Reasonable assurance is a bigh level of assurance, but is not a guarantee that an audit conducted in aceordance wsth ISAS (Utc) will always detect a matetial misstatementwhen it exists. Mis.%tatements ¢an arise from fi'aud or error and are considered mataial if. individually or in the awegate, thcy could rcasonably bc cxpcctcd to iufluen¢¢ the economic decisions of users taken on the basis of these financial statements. TtYegularitLes, inclllding fraud, are instances of noii-compliance with laws and regulatLOti8. We dcsign procedures in line with our i'esponsibilities, outlined above, to detect material misstatements in respect of irregularilies, including fraud. The extent to which our procedures are capable of detecting iLTegularities, iucluding fixud is detailed below.. In prepai'ation for our audit we identified areas of laws and regulations which we ¢ot)sidered could have a material cffcct on thc financial statements. This infomation was obtained vi& diseussions with management and from our genei'al COiTllnercial and scctor ¢xp¢ricn¢c. The dir¢ctors also provide us with wi'itten representation of all tlie key and fundamcnlal industry spccific laws and i'¢gulations with they are required to adhere to. These were then communicated to the whole of the audit team at our alldit platming meeting. As & charitable eompany, non-compliance with the Charitics Act 2011, Companics Act 2006 and thc conditions of government non-goveiillnent wit funding, in particular those linked to the covid-19 pandetllic were assessed to be most relevant. Our &udit procedurcs to i'cspond to thcse riskg included.. - Ettquiries with management. Inspection of regulatoiy i'ecoIds, inspe¢tlOD repoits, submissions and otha. ¢oiYesponden¢e' Challenging of management assumptions and judgcments in relation to accounting cstimates. - Review of journals ent.ed throughout the year. Substantive ts'allsaction testing. Despit¢ appropiiat¢ planning and perfom]ing our work in accordance with Internatiollal Auditillg Standards. thei'c aTe always inherent limitations that non-eompliance is not detected. Non-compliance with laws and i'egulations 1$ often further removed from the events and transactions reflected in the financial stat¢in¢nts and mateiial misstatements due to fraud call be deliberately concealed from auditors. for exatnple through misrepresenlatiott. forgery or wllusion. A further description of our respottsibilitie8 for the audit of the fthallcial statetnents 18 located on the Financial Reporting Council's website at www.fr¢.org.uklauditr>iErasponsibiJities. This desaiption forms part of our Rey)rt of the Independent Auditors. 14
High Peak Hosplcecare Report of the Independent audltor8 to the trustees of High Peak Hospiceeare for tbe year ended 31 Mareh 2021 Use of our report This rcport is made solely to the charitable company's trustees, as a body, in 8eeordancc widi Scction 144 of the Charities Act 2011 and regulations made under Scctioft 154 of that Aet. Our audit work h05 been undertaken so that we might state Lo the charitable company's trustees those matters we are rcquired to state to them in an auditor's i'eport and for no other poSe. To thc fullest extent pennitted by law, we do not accept or assumc any rcsponsibility to anyone other than the charitable company and the charitable company's trustees as a body. for our audit work, for this report, or for th4 opinions we have foimed. Mitten Clarke Audit Limited Chtered Accountants and Statutory Auditoi Eligible to act as all auditor in terms of Section 1212 of the Companics Act 2006 St George's House, 56 Peter Street, Man¢hester M2 3NQ Date.. 23 December 2021 15
Hlgh Peak Hospleecare Consolidated Statement of Flnanclal Aetivities (including con501idated Income nd expenditure account) for the year ended 31 March 2021 Note Unrestrlcted Restricted Funds Funds Total Funds 2021 £Jooo Total Funds 2020 £'ooo £*ooo £'ooo In¢ome Donations alld legacies 987 77 1,064 645 Inwme from charitable activities.. operation of Blythe House Hospi¢e 574 51 625 537 Income from other trading activities 335 335 636 Trallsfer from Helen's Trust 26 190 69 259 Investment income 16 16 14 Total income 2,102 197 2,299 1,832 Expenditure Costs of iaising funds 449 449 398 Expenditw'e on charitable activities: operation of Blythe Jlouse Hospice 1.280 115 1,395 1.154 To¢41 expendlture 1,729 115 1,844 1,552 Net In¢ome1(penditllre) 373 82 455 280 Other recognlsed gylins Movement on revaluation of invc5tment pJDperty 55 55 Net movemellt in funds for the yeAr 428 82 510 280 Reeonclllation of funds Total fvnds brought foiward Total fuiids carried forward 2,161 94 2,255 1,975 2,589 176 2,765 2,255 Thc statement of financial activities illcludes all gaii)8 and losses recognised ill the year. All income and expenditure derive from continuing activitLa8. 16
Hlgh PeAk HospleecAre Con8olldated and Company Balanee Sheet As at 31 Mareh 2021 Note Group 202I £'o&o Group 2020 £'ooo Charity 2021 £'oo Charity 2020 £'ooo Fiied assets Tangible assets tnvestments Investment property 16 17 18 721 727 719 726 205 150 205 150 Tot41 fixed asset8 926 877 925 877 Current assets Stock Debtors Investmettts.. bonds with le&s than 12 Inonths to maturity Cash at bank and irt halld 19 20 483 761 240 684 530 761 273 684 732 519 682 481 Total Current assets Liabilities Creditors falling due within 21 one year 1.978 ,445 1.975 1,440 (139) (67) (137) (63) Net current Assets 1,839 1,378 1,838 1,377 Net a55ets 2,765 2,255 2,763 2,254 The funds of the charlty: Unresti7¢1ed income fund8 Restricted illcome llds 23 23 2,589 176 2,161 94 2,587 176 2,160 94 Total charity funds 2,765 2,255 2,763 2,254 The trustees have prepaled group accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. Thcs¢ accounts aTe piEpai'ed in accoi'dance with the special pi'ovisions of P 15 of the Companies Act rclating to small companies and Constite the annual accounts r¢quir¢d by th¢ Companies Act 2006 and are for circulation to members of tILe company. e notes n pagcs 19 10 3 part of these ac¢ounls. OTHY JOHN MOURNE, Chair of tru8Èees on behalf of tbe trustees li- Approv by the trustccs on 2021 17
High Peak Hosplceegre Statement of Cash Floivs and Consolidated Statement of Cash Flow$ for the year endlng 31 March 2021 Note Group 2021 £'ooo Group 2020 £>ooo Charity 2021 £'ooo Ch*rlty 2020 £'ooo Cash generated In operatlng a¢tlvltles 27 308 143 295 164 Cash Ilows from investliig activities Interest income Purchase of tangible fixed assels Purchase of investment propei'ty Sale of short term investments 16 (34) 14 16 (33) 14 (9) (150) {150) (77) (77) Cash provlded by (used In) Investlng actlvltles 95 85 94 85 Increase(d¢¢r¢ase) in cash and cash equivalents ill the year 213 58 201 79 Cash and cash equivalents at the beginning of the year 519 461 481 Total cash and cash equivalents at the end of the year 732 519 682 18
Hlgh Peak H05plcecare Notes to the Flnanclil Stitenients for the Year Ended 31 M*reh 2021 Accounting Pollcles The principal accounting policies adopted> judgements and key sources of estimation and uncertainty in the preparatloll of the fingncial statements are as follows: Basls of preparation The financial statctllcnts havc bccn prcpared in accordance with Accounting and Reporting by Charities.. Statement of Recommellded Piactice applicableto charitiespreparingtbeiraccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015). High Peak Hospieecatt meets the defillition of a publi¢ benefit entity undcr FRS 102. As$cts and liabilities are initially recognis¢d at histoi'ical cost or transaction value unless otheiwi5e stated in th¢ relevant accounting policy note. Basls of consolldatlon The financial statements consolidate the results of the charity and its wholly owned subsidiary High Peak iaospieecare Trading Co Limited on a line-by-line- basis. A separate Stat¢mtnt of Finan¢ial Activities and income and expenditur¢ aceowitforthc charity has notb¢¢n prGscntcd becausc thc chai'ity tak¢n advantagc of thc cxcmptions affoi'ded by section 408 of the Companies Act 2006. Preparatlon of the atcounts on a golog eon¢ern b1$ The lrnstee8 are of the view tl)at given thc level of available cash and investments the immediate future 18 se¢ur¢ and that on tl)at basis the eharily is a going concern. The major uncertainty that wc face is that approximately 150/0 of our income comes from a contract with Noith Derbyshire CCG. Thi5 incorne is awai'ded on an annual basis and the charity remains in regular contact with tbe CCG lo secure their ongoing financial support. Stocks Stocks are valued at the lower of cost or net iealisable value using a first in, first out basis. T4nglble tlxed assets All tangible fjxed assets are eapitalised at cost and depreciated over their estimated useful economic lives on a straight line basis as follows.. Fixtures and equipment Computer cquipment Biiilding Land 20/ 20Y. 2Y. Not depreciated Investment Properties Investment properties are rneasured initially at cost and subsequendy at fair value at the reporting date. Depreciation is not provided. Fund Recountlng Unrestricted funds are available to spend on aciivities that rrher atty cf the purposes of the charity. Designated funds are UDrestricted funds. of tbechaL'Ity whichthe tLUStees have decided at tbeirdÉscretion to set aside to use for a specifie purpose. Restricted funds are donations which the donor has specifjed are lo be solely used for specific areas of the charity's work or for specific projects being undertaken by tbe charity. 19
High Peak Hosplcecare Notes to the Financial Statements For the Year Ended 31 March 2021 Income Income is recognised when the charity has entitlement to the funds, any perforn)anc¢ Conditions have been met and il is probable that the income will be received alld the amoullt ¢an be measui'ed reliably. Income from government and othei. grants, whethei. capital or revenue, is rccogniscd wh¢Th th¢ charity has entitlement to the funds, any pei'forniance conditions have been met and it is probable that the incotne will be received, and the amount Can be measured reliably alld is not deferted. For legaci¢$ ¢ntitlement is taken as the t.lier of the date on which either the charity is aware that probate has been granted, the estate has been finaiised and notification has been rnade to thc charity that a distiibution will bc made, or when a distribution iq received from the estate. Receipt of a legacy, in whole oi. in part, is only considcred probable when the amount can be measured reliably and the charity has been notified of t]ie executors intention to make a dislribution. When legacies have been notified to the charity, or the charity is aware of th¢ granting of probate, and the critei'ia for inconie recognition have not been met. then the legacy is ts'¢ated as Contingent asset and disclosed if material. Income received in advance of fundraising ev¢nts or other specified seiviee is defred until the ci'iteria for income recogn.ition are m¢t (see note 24). Donated servlee8 and facilities Donal¢d goods 'e only i'ecognised when the economic benefit can be measured reliably, which is Consid'¢d to be when the donated item is sold. General volunteer time is not recognised. Please i'efer to the truste annual repoit for more inforn)ation about their contribution. i.io Interest receivable Interest on funds held on deposit is included when receivable and tlie amount can be measured reliablyj that is nornially U)n notification of the interest payablc by thc baT]k. i.li Expendlture 2nd Ii'reeoverable VAT Expeiidittlre is recognised once there is a legal or constructive obligation to make a paymcnt to a tbii'd paty. it is probable that s¢ttlem¢nt will be required, and the amount of tbe obligatÈon can be mcasur¢d irliably. Exp¢nditure 18 classified under the following headings.. Costs of raising fvnds comprise the costs of comrllercial tradÉng including our SELOPS Expenditure on charitsble activities includes the cost of providing our services to clicnt8 Most VAT is recoverable. Any amouttts which 'e not recoveixble are included within support costs. 1.12 Allocation of support costs Support costs arc those fijnctions that assist the work of the charity but do not directly undertake charitable activities. Support costs includc ba¢k officc costs, fin2ttLe, personnel, payroll and governallce costs which support the Cli.1tY'S service d¢livery and a¢livilies. These costs have been allocated between cost of i'aising fund8 and expcnditure on charitable activities. The bases on which support costs have been allocated are set out in note I l. 20
Hlgh Pe#k Hospicecare Notes to the Flnancial Statements For The Ye4r Ended 31 March 2021 1.13 OperatAng leases The charity Classifies the lease of printing equipmcnl as operating leases.. the tille to the equipin¢nt remains with the lessoi.. Rental chargcs arc chargcd on a straight lille basis over the tern] of the lease. 1.14 Debtors Trade and other debtors are recognised at the settlement amount. Prcpaym¢nts are valued at the alnount prepaid. 1.15 Cash at bank and in hand Casb at bank and cash in hand includes cash and short terni highly liquid investments with a short matutity of three months or less from the date of acquisition oi. openit]g of the deposit or similar account. 1.16 Credltor5 and provislons Creditors and provisions are recognised when the Ch'ity has a present obligation resultinE from a past event that will probably result in the Iransfer of funds to a third pty and the amount due to settle the obligation can be mcasured or estimated reliably. Creditors and provisions are nonnally recognised at their settlement amount. 1.17 Financlal Instruments The charity only has financial assets and financial liabilities of a kind ihit qualify as basic financial ItIvets. Basic financial insttuments are initially recognised at transaction value and subsequently measured at their settlement value. 1.18 Penslons Somc cmployees al'e members of tlie NHS Pension Scliemc which is funded by contributions from employee and employer or alternatively they may have opted to join, oi. been auto- enrolled in, the group inoney purchase defined Colltiibution scheme operated by The Pensions Trust called The Ethical Fund. From October the charity switched tlie '0Up'S moncy purchase defined contribution scheme to Aviva. A small number of employees have private money purchase amng¢in¢nts to which the employer contributes. The employer contributions made to the NHS Pension Scheme in the year were £46k (2020..£48k) with an employei. eontribthlon rate of14.3Qlo and employee rates varying betw¢¢n 5.60/0 and 13.50/0 of pensionable pay. Tlie wh¢mc is arl unfunded defined benefit s¢heme that covers NHS employei's and other bodies allowed urLder the direction of the Secretary of State. The scheme is not designed to be run in a way that would enable bodies to ideniify their share of the underlying s¢h¢me assets and liabilities. Therefore, the seheme is ae¢ountcd for as if it were a dcfincd contribution schcmo- the cost to the charity of pwticipating An Ibe scheme is taken as equal to the contributions payable to the scheme for the a¢¢ounting period. Employees joining tbe money purchase pension scheme operated by The Pensions Trust and Aviva from October 2020 contract direetly with that company. The charity mak¢s a cotttribution of 40/0 (where auto<nrolled), 01. 60/0 and acts as aJL agent in Collting and paying over employee pension eontributions. The contributions made for the accounting pci'iod and treated as an expense wei'e £31 k (2020..£21k). Legal status of the eharIty The Chity is a company limited by guaralltee and has no share capital. The liability of each member in ljie event of a winding-up is limited to £1. 21
High Peak Hvsplceeare Notes to the Financial Statements For The Year Ended 31 March 2021 Fittgncial performance of tbe charlty The consolidated st8temellt of fiE)anGial activitie5 irJclude5 the results of tlie charity's wholly owned subsidiary which operates our charity shops. The sum1nY financial paformance of the charity alone is.. 2021 £'ooo 1,975 58 2.033 1,668 365 2020 £'ooo 1,366 289 1,655 lllcome Gift aid from subsidiary company Expenditurc Trlet income Transfer from res£ Tot81 thnds 'ought foiward Tot&1 fund$ earrled fonvard R¢presellted by.. Restricted income fwids Ullresttieted income funds 280 2,254 1,974 2.254 86 94 54 Income from don*ttons and lega¢l¢s 2021 £'ooo 333 82 649 2020 £'ooo 461 184 Donations Legacies Orants 645 Of the income from donations alld legacies £987k was unrestricted {2020'. £566kl and £77k restricted (2020.. £79k). 2021 £'ooo 66 493 90 649 2021 £,0) CoronaviTU5 Job Retention Scheme Hospice UK Covid support Other Grants Total Grants The ¢haritybeneftts greatly fromthc illvolvemcnt and cnthu5ia8tiC 5UPPOrtof its many volunteers, details of which are given in our &tJnusl repoit In aceordancc with FRS102 at)d the Charitie5 SORP {FRS102), the econoti)ic cotttiibution of volunteaB are not re¢ognis¢d in tb¢ a¢counts. lllcome from charltable activitie5 Unrestricted fund8 2021 Re5trieted funds 2021 Total funds Totsl funds 2021 2020 £'ooo £'ooo £'ooo £?000 CCG contracts and other income for palliative ¢are 344 51 395 328 Hospice at Horne tnfornjation support Outpatiettt ditties 219 219 189 l5 S74 51 625 537
Hlgh Peak Hosplcecare Notes to the Fln4ncl&l Statements For The Year Ended 31 March 2021 Income from other tradlng rlcilvltles Unrestricted Restricted funds funds Total funds Total fund$ 2021 £'ooo 258 2021 £'ooo 2021 £?000 258 2020 £yooo 522 Con)Jnercial opcrations Fundraising events trading 77 335 77 335 114 636 The pIin]aiy component of commercial trading operatious comprises our eharity shops which are operated by the wholly owned trading subsidiary High Pcak Hospicecare Trading Co. Ltd which is incorporated in the United Kingdom (company number 3002849) and pays most of its profits to the charity wider the gift aid schcmc. The summary financial perfoiinance of the subsidiary alone is.. 2021 £'ooo 234 176 58 57 20211 £'oo 467 178 289 289 Turnover Cost of sales and administrative expenses Net profit Amount gift aid¢d to th¢ ch'Ity Retalned Ill subsldlary The assets and liabiliti¢s of tli¢ subsidiary wcre: Fixed assets Current assets Cuent liabilities Total net assets 61 104 104 Aggregate share capital and reserves Investment ineome All the group's investment illcome of £16k (2020.. £14k) ai'ises frotrL money held in interest beating deposit a¢coullls or from bollds with a maturity date of one year or less. Analysis of expenditure of cost of raising funds Unrestrleted Restrleted Total funds Total funds funds fund$ 2021 2021 2021 2020 £'ooo 199 Cominercial opcrations Fundraising expenses trading 253 253 196 196 199 449 449 398 23
Hlgh Peak Hosplceeare Note$ to the Flnanclal statements For the Year Ended JI Mareh 2021 Analy815 of expendlture on charltAble actlvltle8 Actlvltle5 ndevtAken dirtttly Support Costs Total £)ooo 361 £yooo 196 £'ooo 557 Living W¢ll day care Bei'eavement selvices Hospi at Home Sllpport groups tnfoiynation and support Outpatient clinics 479 14 57 246 725 23 90 33 911 484 1,395 Expenditure on charitable activities was £1,395k (2020.. £1,154k) of which £1,280k was unrestricted (2020.. £1,063k) and £115k was rtricted (2020.. £91k) io. Summary analysis of expendlthre and related Income for charltable actlvltles This table shows the cost of tlle four main charitable activities and the Sources of sncomc directly to support those activities Lhplug Hospltt Well Homc day at Support groups Information Totil and Support £'ooo 557 395 £'ooo 725 219 £>ooo 23 £>ooo 90 li £)000 .395 625 Costs Direct support i'echai'ges Ncl cost funded from other illcome grant alld 162 506 23 79 770 ii. Analysis of governance and sUPPOrt costs Thech&rity identifies the costs of its govemart¢¢ and sllpport n¢t10M8 which attthen apportionedbeNttnthc four key charitable activities utjdertakenlsee note 91 in tile yeur irt proportion lo direcisalaiies. Livlng Woll Hospice At Support lTrformitio day e4re home grfyuv and support £yooo £>OOD £YODO £>ooo 95 148 Salaries wagey and rclaled costs Genei71 offjce costs 24 37 Maintetwiee and 58 30 DepreciDtion Audit fees and insurance Gov¢mance House expetsse& 13 20 196 246 33 24
High Peak Hospicecare Notes to the Finanelal Statements For the Year Ettded 31 March 2021 12. Net In¢omel(expendlture) for tbe year Thls Is stated afrer charging: 2021 £'ooo 40 2020 £'ooo 37 Depreciatio Auditor's remuneration: audit fees Auditor's remurteration: non-audit fees 13. Analysis of staff costs, trustee remuneratlon and eIpenses and tbe cost of key managenient personnel 21)21 £'ooo 1.084 84 131 1,299 2020 £>ooo 922 67 120 SaIles and wages Social security costs Pension costs Number of employees with employee benefits excluding employer pension contributions.. £80,000-£90,000 One employee received benefits in excess of £60,000 (2020.'1). Pension costs allocated to activities with related Staffg costs. Tiust¢&s are not paid nor did they i'eceive anybenefits from the charity or itq 8ubsidiary in the year or ptior year, n¢ith¢r were they itimbuised expenses during the year or prior year. No tsvstee received payment for professional or other scrvices supplied during the year or pi'ior year. Tbc kry tnanagcincnt pei'sonnel of the cbai'ity and the group eomprise th¢ tnte¢S and the CEO. Thc total employee benefits of the key management personnel were £88k. (2020'.£82k). 14. Staff numbers Tbe averagemontbiynuinber of full-titne equivalentemployee$ (including ¢8sual and part-lime staffj during th¢ year wer¢ as follows.. 2021 Nutllber 22.8 2020 Number 23.0 Scrviccs lo clicnts Fundl'aisillg and coll)mercial tiading Administration and support 37.3 35.8 25
Hlgh Peak Hosplce¢are Notes to the FlnanclAI Statements For the Year Ended 31 Mareh 2021 15 Corporatlon tax Th¢ charity is exempt fi'om tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the cxtcnt that these are applicable lo its charitablc objects. 16 Tanglble fixed assets- group Land and bulldlngs Flxtures and equipment £'ooo Total £'ooo £>ooo Cost-. As at l Apr&1 2020 Additions Disposals As at 31 March 2021 832 20 127 15 959 35 852 142 992 Depreeiauon.. As at l April 2020 Charge for thc year On disposals As at 31 March 2021 143 22 89 19 232 41 165 1118 273 Net book value As at l April 2020 As at 31 maCh 2021 689 687 38 34 727 721 £27,000 of the net book value of land alld buildings irpres¢llts the ¢ost of land. 26
HIEh Peak Hospicecare Notes to the Flnanclal Statements For the Year Ended 31 Mareh 2021 Tangible fixed assets- challty Land and blllldlngs Flxthre$ And equipment £yoo Tot41 £'ooo £'ooo Cost.. AS at l Apiril 2020 Additions Disposals As at 31 M8sch 2021 832 20 115 13 947 33 8S2 A28 980 Depreciation.. As at l April 2020 Charge for tl)e year On disposals As at 31 March 2021 143 22 78 18 221 40 165 95 261 Netbook value As at l April 2020 As at 31 March 2021 689 687 38 33 726 719 £27,000 of the net book value of land and buildings represents the cost of land. 17. Fixed #s$et investments The chai'ity holds 1.000 shal'es of£1 each in its wholly owned trading subsTdiwy company Hi Peak Hospicecare Trading Co. Ltd which is incoiporated in the United Kingdom. Th¢.8e are the only shares allotted, called up and fully paid. The activities and results of this company are summarised in note 6. 18 Investment Property During the previous year a residential pi'opcrty was bequeathed to the ch&rity. A decision was made by trustees to hold this pi'operty foi. capital appi'eciation purposes and to .%ecur¢ rental income. A valuation of the property was undeitsken by Croft Lettings qualified 8UTveyors and valu% in 2021. The open market value was detsrn)ined to be £205,000. Cost or valuation at 31 Marrb 2021 is r¢pl.¢ted by.. Investment Property £'ooo 150 55 Balallce at l April 2020 Valuatioll 2021 Balance at 31 March 2021 On the historical cost basis using a fair value poli¢y. the property would have be¢n included in the accounts as follow.4: £'ooo Cost at l April 2020 aDd 31 Mgrch 2021 27
High Peak Hospicecare Notes to the Flnanelal Statements For the Year Ended 31 March 21121 19. Stocks Group 2021 Group 2020 Charlty 2021 £'ooo £'ooo £'ooo Charlty 2020 £'ooo Good8 for resale 20. Debtors Group 2021 Group 2020 £'ooo £'ooo Charlty 2021 Charlty 2020 £'ooo £'ooo 58 150 Amoullts due from subsidiary Prepayments and accrned income Ti'ade debtors Other debio Ajnounts owcd by i'clatcd undcitakings 152 95 42 21 127 15 21 127 302 302 483 240 530 273 21. Creditors: amounts ffilling due within one year Gtoup 2021 Group 2020 £'ooo 42 Charity 2021 £'ooo 54 Charity 2020 £'ooo 38 £'ooo 56 Other creditors and acLruals Deferred income 83 139 25 67 83 137 25 63 28
High Peak H05pleeeare Nntes to the Flngnclal Statements For the Year Elided 31 March 2021 22. Deferred income Ikf¢rred income comprises amounts received in advance of fundraising event8 of £3k and £20k of rcslrictcd grant income for which the peiformance and entitlement Conditions had noi been met at the balance sheet date. Group aDd Charlty £'ooo 25 Balance as at l April 2020 Amount released to in¢om¢ ¢arned from chaiitable activities knount T¢leased to income earned from other actAVities knount deferred in year Balance as at 31 March 2021 (4) 61 82 23. Analysis of charitable fullds Analysls of movements In uni'estrlcted funds- group BAlanee I Incoming April 2020 resource8 Resources expended Transfers Funds 31 Marcb 2021 £'IM)o 944 340 £'ooo 1,883 219 £>ooo (1,210) (479) £>ooo (429) 395 £sooo 1,188 475 General fimd DesIAted Hospice at Home fi]nd D¢signal¢d tongible assets fund Fair value fund 877 <40) 34 871 fixed 55 55 Total 2,161 2,157 1,729 2,589 Analysis of movements in unrestricted funds - chaiity Balance Aprll 2020 £'ooo I Incomlng resources Resources expended £'ooo Transfers Funds March 2021 £•ooo 31 £'ooo 1,706 219 £?000 Gcncral fund Dcsignated Hospice at Home fund Designated tangible ass¢ls ftmd Fair value fund 943 340 {1,034) (479) (427) 395 1,188 475 877 (40) 32 869 fixed 55 55 Total 2,160 1,980 I,S53 Name of unrestricted fund General fijnd Description, nature and purpose of the fund The "free reserv¢s" after allowing for all designated funds An amount set asidc lo fid the core costs of our Hospice at HonLe scrvice Designated Ho$pi¢e at Home Fund 29
High Peak Hospleecare r+lotes to the Flnanclal Statements For the Year Ended 31 March 2021 Designated tangible fixed assets fund An amount equal lo th¢ tangible fixed assets owned and uscd by the charity on an ongoing basis which are essential for its charitable activities Fair value 2djugtrnent for revaluation of investment prop¢rty Fair valu¢ fund AnalysÉs of movements restricted fund5 Balance l Aprll Incomlng Resources Transfers Funds 2020 resources expended Mxrch 2021 £*ooo £>ooo £yooo £'oo 31 £'OIM) CCG Other funds Bar¢lays 100 xlOQ fund Westfield Reception refurb fjjnd Total 79 15 29 43 48 42 35 197 (20) (21) 88 37 33 18 124) 35 94 176 Name of restricted fund Description, n8re 2nd purpose of the fund CCG Software SupEK>rt & Community Engagement Project Other funds Mainly the funding of support groups Barclays Community Volunteers Programnie, Hospice at Home and delivery of equipment and PPE. Westfield Purchase of furniture 8lld equipm¢nt fim. refurbishment and therapy l'oom rehabilitation. Receptioo refuibishment fund To refurbishment of the hub reception ea. 24. AD8lysls of group net assets behveen funds General fwid £'ooo Designated Restricttd Total funds funds £>ooo £>ooo £>ooo Tangible fixed assets Cash at bank, in hand and eash investments Other net culleAIt assets (liabilities) Total 926 926 995 193 475 23 153 176 1,493 346 30
High Peak HospicecAre Notes to the Finan¢iai Statements For the Year Ended 31 March 2021 25. Reeonelliatlon of net movement In funds to net Ca8h l]oiv from operating activities Group 2021 £'ooo Group 2020 £'ooo Charlty 2021 Charlty 2020 £'ooo £'ooo Net movement iti funds Add back d¢pi¢¢iation ¢liarge Add back 105s on th'sposal of fLKed assets Ikducl interest income shown iti invcsting activities Decrease (increase) in stock Decrease (increase) itt debtors In¢redse (de¢rease) in ¢reditors Net Cash from operating Aetlvltles 366 40 280 37 361 40 280 36 (16) (14) (16) {14) (247) 165 308 (142) 21 143 {257} 167 295 {128) 12 164 26. Transfer from Helen's Trust As a result of the mei'ge with Helens Tiust (Chlty number:1142370) on 7 Septembei. 2020 £259k ofrestricted and unrestricted funds have been gifted to High Peak Ilospicecare. Helen's Trnst has trustees in common with High Peak Hospicecare and at the b21ance shect dat¢ Helen's Trust owed HAgh Peak HospÈ¢¢¢ar¢ £502k. 27. Related party note 2021 the following transactions took place between th¢ charity and its wholly owned subsidiary Higt] Peak Hospicecare Tradillg Co. Ltd.. The transfer under gift aid of the trading profits of the subsi(liary to the charity of £57k (2020.. £289k) At 31 March 2021 £58k {2020.. £97k) was due to the Ch'lty 31