Registered number: 02906838
Charity number: 1035600
NIGHTINGALE HOUSE HOSPICE
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
¥YWR
Protecting your future.

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
CONTENTS
Page
Reference and administrativ8 detalls of the Charity, its Trustses and advlsers
Trustees. report
Independent auditors, report on the flnanclal statements
Consolidated statement of fInancial activities
3-11
12-15
16
Consolidated balanca sheet
17
Charity balance sheet (statement of financial position)
Consolidated statement of cash flows
18-19
20
Notes to the financial statemont8
21-45

NIGHTINGALE HOUSE HOSPICE
(A company IlmSted by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER2023
Trustees
Mrs E Griffiths, Chair
Dr N Braid. Vice Chair
Mrs A B￿bner
Mr C Burgoyne
Mr R Cole
Dr J Duguid
Mr G Greasley
His Honour R P Hughes
Mrs C Jones (appointed 8 June 2023. resigned 10 Jun8 2024)
Mrs J Lowe
Mr A Morse (resigned 24 May 2023}
Mr R C Thomas
Mrs C Varley (resigned 7 May 2024)
Mr P R Weslon
Company registered
number
02906838
Charity registered
number
1035600
Registered office
Nightingale House
Chester Road
Wrexham
LL112SJ
Key Management
Personnel
Steve Pa￿ - Chief Executive Offic8r
Lauren Emberton - Deputy Chief Executive Offi￿r
Mandy Cunningham - Director of Clinical and Patient Services
Laura Parry- Director of In(x)me Generation
Robert Cole - Director of Finance
Samantha Scott - Director of Operations
Melissa Everett - Medical Director
Independent auditors
WR Partners
Chartered Accountsnts
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Page 1

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
{CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Bankers
Ba￿lay$ Bank plc
Raymond Court
Princes Drive
Colwyn Bay
LL29 8HT
Solicitors
DTM Legal
Archway House
station Road
Chester
Cheshire
CH13DR
Investment Managers
Brewin Dolphin
1 Th8 Avenue
Spinningfields Square
Manchester
M3 3AP
Page 2

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their Annual Report together with the audited financial statements of the Charity for the
year from 1 January 2023 to 31 De￿rnber 2023. The Annual Report serves the purposes of both a Trustees,
Report and a Directors, Report under company law. The Trustees confirm that the Annual Report and financial
statements of the charitable company comply with the current statutory requirements, the requ1￿mentS of the
charitable company's governing document and the provisions of Ihe Se￿nd edition Statement of
Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (October 2019).
Objectives and activities
a. Policies and objectives
The object of the Charity is to provide servlces for Indlvlduals and their families living within North East Wales
and the border areas who are living with a diagnosis of progressive andlor life limiting illness, delivered. when
possible, in the location of their choice and always withln the resources availab18 to Nightingale House Hosplce.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commlssion relating to public benefit, including Ihe guidance 'Public benefit: running a
charity {PB2)'.
b. Strategles for achieving objectives
To monitor standards of patient and family care and establish a programme of continual review and
improvement in line with local, regional and national specialist palliative care strategles and standards.
To ensure all services are provided in safe. pleasant and well maintained premises appropriate and fit for
purwse in collaboration with other h8alth and social care providers.
To 8nsure equity of a￿$$ to hospice seNices for patients and families identified within our organisations,
aims.
The strategies employed to achieve the Chariws objectives and lo ensure we deliver public benefit are:
Maintenance of a suitably qualified and experienced multi disciplinary team
Corporate and clinical g0Veman￿ monitoring
Quality assurance audits locally and nationally peer reviewed
A programme of stsff development and training
c. Activities undertaken to achieve objectives
Following an assessment of physical, emotional. social and spiritual needs. services will be delivered by a
multi-disciplinary team, trained and competent to meet the needs of all pat18nts. including those with complex,
specialist needs.
To provide the highest quality of health care in an appropriate and safe environment and through developing
collaborative working partnerships with Health and Social Care providers within the local community.
Page 3

NIGHTINGALE HOUSE HOSPICE
{A company Ilmlted by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Objectlves and activities (continued)
d. Volunteers
The Charity is dependent on the help of approximately 441 active volunteers who provide inGredible levels of
support. Volunteers assist in all areas of the hospice and income generation. and are a very important Part of
Ihe organisation.
e. Main activities undertaken to further the Charity's purposes for the public benefit
Monitor standards of patient and family care and estsblish a programme of continual review and improvement
in line with local, regional and national specialist palliative care strategies and standards.
The Trustees have given due consideration to the Charity Commission's guidance on public benefit when
reviewing the objectives and in deciding what activities the Charity undertakes. The Trust8es are satisfled that
the achievements and planned activities contribute to the objectives they have set.
Strateg1¢ report
Achievements and perfomiance
a. Key perfomiance indicators
Financial performance is monitored monthly by th8 8X8CUtiV8 management team. It is also reviewed and
dlscussed at quarterly flnance committee meetings and at all formal board meetings.
b. Review of activities
The Hospice met ils objeclive of providing a comprehensive range of quality services to its patients free at the
point of delivery.
c. Investment policy and perfomiance
According to the Memorandum and Articles of Association, the Trustees have the power to invest such part of
the funds as Ihey may see fit. Current fvnds are invested to generate income and (zpital growth with
diversified risk The portfolio therefore comprises of cash and fixed interest investments and global equities.
Funds are managed by Brewin Dolphin under their Income and Growth Return Category. This category is well
diversified by asset dass. The portfolio will be generally measured against the APCIMS Balanced Index but
will be managed to our individual needs.
Interest and dividend income of £32K {2022: £27K) eamed in the year was reinvested in Ihe portfolio. It is the
policy of the Board to invesl reserves where possib18 in order to augment income and offset inflationary trends.
Funds are invested so as to generate income and capital growth within a "Balanced" benchmark and a low Risk
Category of 6.
Pag8 4

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Strateglc report (contlnued)
Financial review
. Going concern
The Trustees have a reasonable expectation that the Charity has adequate resources to continue in op&rational
exist8nc8 for the fores8eabl8 futur8. For this r8ason, they continue to adopt the going concern basis in
preparing the financlal statements. Further details regarding the adoption of the going concern basts can be
found in the accounting policies.
b. Reserves policy
It Is the policy of the Board to maintaln free cashlquasl cash reseNes at a minimum level equating to 6 months
expenditure in order to ensure continuity of service in view of variable receipts, fundlng levels and the uncertain
times we are operating in.
At the year end the total funds are £8,833,945 (2022." £7,903,989) of which £2,144,447 {2022: £1,694,196) are
restricted funds, consisting primarily of fixed assets, and £6,689.498 (2022: £6,209,793) relate to unrestricted
reserves.
These unrestrlcted reseNes have been designated as follows:
2023
General reserrfes
Less designatedfvnds."
Tangible fixed assets Hosplce
Subsldlaries
Propety maintenance and repair
Modernisation fund for planned development
Balance
6.689,498
£ 3.607,516
110,348
50,000
229,129
£ 2.692.505
The balance of unrestricted reserves is to Cover 7 months running costs at the Hospice.
Page 5

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Result for the Year
The Charity reported a positive income for the year before movement in investment assets of £847k. Positive
movements in the stock market valuations resulted in a n8t gain on our investment of £83k whlch In turn
created an overall sury)lus of £930k at year end.
Fixed Asset Investrnents held at 31 December 2023 were valued at £1.35 million. The figure includes income
of £32k whlch was reinvested in the fund.
Total Income for 2023 of £6.48 million was up £997k on the amount in 2022
The principal fijnding sources for the year aside from the trading subsidiaries were Local Health Board Core
funding of £917k, grants of £669k and legacies and bequests of £955k.
Expenses increased by £381 k in the year to £5.6 million - equivalent to 7.2Yo. Staff costs equate to 63% of the
total expenditure.
The average number of employees during the year was 121. which is 7 higher on the level in 2022 {114).
During 2023 our total charitable expenditure was at £4 million equivalent to 710/• of ti)tsl expenditur8.
Group net assets stand at £8.8m which is an increase of £930k compared to 2022. Cash held as working capital
at the year end was £1.1 million.
Subsidiary Companies:
Nlghtingale House Lottery Limited achieved a net profit of £471 k compared to £497k in 2022. The profits were
gifted to the charity under the Gift Aid scheme.
Nightingale House Promotions Limited made a profit of £198k for the year (£57K profit in 2022).
c. Prlncipal risks and uncertainties
Primary risks involve a failure to set a budget which is both achievable and ensures that the objectives of the
Charity are met, a failure to accurately report the ongoing financial performance of the Charity in a timely
fashion. reserves being jeopardised by poor cash management and investment losses due to unforeseen
severe market conditions. and financial loss caused by fraud or thefL
The Trustees have assessed the major risks to which the Charity and the Group is exposed. in particular those
related to the operations and finances of the Charity and the Group, and are satisfied that systems and
procedures are in pla￿ to manage our exposure to the major risks.
The Gurrenl cost of living Grisis continues to impact the UK and Nightingalo House Hospice during 2023, and
like many other charities and businesses throughout the UK, our income streams have been impacted however
the innovative fundraising initiatives and changes to retail have meant that there was no shortfall during the
year.
2024 will continue to be a challenge with a budgeted small surplus and every effort will be made to mitigate
losses. The Trustees and Executive Management Team have always been prud8nt with regards to financial
management. and it rs anticipated that Ihis economic stomi will continue to be weathered. If difficult trading
conditions continue, then the services offered will be reviewed and realigned within budgets available.
Page 6

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
d. Financial risk management objectives and policies
The primary financial risk manag8m8nt obj8CtiV8s and policies centre on robust budgetary control and financial
reporting, a robust reserve, cash management and investment policy. and a strong anti fraud and error
infrastructure.
e. Princlpal fundlng
The principal sources of funding in the year have been Restricted Grants, Fundraising (which includes
Donations. Campaigns and Events). followed by Statutory income. Lottery income, Retail. Gifts in Wills. and
Gift Aid.
Strncture. governance and management
a. Constitution
The Charity and the Gn)up is registered as a Gharitable (private) company limited by guarantee and was set up
by a Memorandum of Association on 4 March 1994. The Gompany was incorporated in Wrexham, UK.
The Charity and the Group is constituted under a Memorandum of Association dated 4 March 1994 and is
registered charity (number 1035600). EaGh member undertakes to contribute a maximum of £10 to the
Charity's assets should it be wound up.
b. Methods of appointment or electlon of Trustees
As set out in the Articles of Association no person shall be appointed a Trustee unless they have attained the
age of 18 years and been recommended by the trustees not less than fourteen nor more than thirty five days
before the date appointed for the general meeting. Trustees nominated are representative of the skills and
experien￿ needed by the Trustee Board lo ensure a balance of professional expertise. In accordance with the
Artides of Association any Trustee appoinled outside of this time period can only hold Offi￿ to the following
general meeting at which they have to stand for election.
Trustees are elected for a period of three years. Prior to the annual general meeting the Trustees nearing the
end of their term are asked whether they wish to continue for a further period of three years. Those willing are
reappointed at the annual general meeting. The minimum number of trustees shall not be less than five.
All Trustees give their time voluntsrily and receive no benefits from the Charity.
c. Policies adopted for the induction and trainlng of Trustees
Upon being appointed, Trustees are provided with induction training as are staff and volunteers. Half day
Board of Trustees meetings which are held twi￿ a year provide opportuniiy for Trust8e training updates on
regulatory compliance and service d8velopm8nts. Additional information is supplied upon appointment. by
means of the New Trustee Folder whlch is issued to all new Trustees.
Page 7

NIGHTINGALE HOUSE HOSPICE
(A company limitod by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure• governance and management (contlnued)
d. Organisational structure and declslon maklng
The organisation is commonly known as Nightingale House Hospi￿ and is governed by a Board of Trustees
which is r8sponsible for setting the strategic direction of the organisation and for estsblishing policy. The Board
meets quarterly, as do other committees which cover:
Strategy (meet every six months)
Clinical
Finance
Human Resources
Fundraising and Lottery
Retail and Catering
There are also quarterly sub-committees for Health and Safety, Facilities and Inft)miation Govemance & IT.
e. Pay poliGy for key management personnel
The remuneration of s8nior staff is bas8d on market rates and is reviewed annually by the Trustees.
f. Related party relationship8
The Charity has subsidiaries Nighting8le House Lottery Limited and Nightingale House Promotions Limited.
Nightingale House Lottery Limited and Nightingale House Promotions Limited gift aid their profits to the charity.
Nightingale House Lottery Llmlted admlnlsters a weekly lottery and other raffles and draws. Nightingale House
Promotions Limit8d operates the charity shops. caf8s, e commerce, gift shop and sale of merchandise.
g. Flnancial risk management
The Trustees have assessed the major risks to which the Group and the Company are exposed, in particular
those ralated to the operations and financ8s of th8 Group and the Company. and are satisfied that systems and
procedures are in place to mitigate exposure to the major risks.
h. Trustees. indemnitles
Trustee indemnity insurance is in place for the Trustees.
Plans for future periods
Hospice 5 Year Strategic Plan {2024- 2029)
The Strategic Plan for the hospice from 2024- 2029 inGludes-.
Increasing the number of individuals able to access hospice services
Improve the patient environment
Increase communty presence to increase more palliative care patients
Increase Fundraising Income and develop new ideas to maintain lottery contribution
Increase community engagement and grow corporate partnerships
To deliv8r the R8tsil sales plan that achieves budgeted contrlbution through the exlsting retail estate
Page 8

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans for future periods (contlnued)
Clinical
During 2023, the Hospice modernisation program continued and focused completing the final phase which is
our Inpatient Ward. The exciting new plans include 12 individual patient rooms created across 2 wings and will
provide an excellent environment and up to date facilities for the delivery of exceptional patient care to our
community.
Nightingale House has a strong partnership with Supportive Care UK to deliver the highest level of Gonsultant
support for our patients. As an independent charitable Hospice. it is imperative that we are able to continue to
develop skills and provide the very best Ca￿ to those that need it. This exciting partnership with Supportive
Care UK continues to ensure that Nightingale House has access to the very best consultant support for a
sustsinable model for the future delivery of patient services.
The HospiGe has continuously reviewed and adapted to ensure the safety of our vulnerable patients has been
protected and it remains a significant achievement Ihat we have continued to provide all of our services
throughout the inpatient refurbishment during 2023.
Our direct referral service has proved to be a huge success, easing the burden on professional colleagues and
providing timely support to Ihose in need. The Patient Flow Team continues to trlage all referrals and ensure
tim81y intervention and support is provided.
The Hospice really has b88n a hiv8 of activity for our patients across all of our outpatient and inpatient services
throughout the year and we remain committed to providing exceptional patient care to our communty in newly
refurblshed facilities.
Information on fundralslng practices
All fundraising activities are completed by the Nightingale House Fundraising Team apart from the sale of
Lottery entries where 1 part time, seffemployed canvasser is Involved, although canvassing activity has been
limited with venues throughout 2023.
We comply with the Code of Fundraising Practice issued by the Fundraising Regulator. The Lottery canvassers
are issued with guidelines laid out by Nightingale House and they also must abide by the Gambling
Commission regulations.
All activities of Lottery canvassers are monitored - dates worked, locations attended. sales made. All Lottery
sales are followed up by the Nightingale House Lottery Team to ensure quality standards are maintained. No
Lottery complaints were received during 2023 (Nil in 2022).
Our Privacy Policy (https:Ilwww.nightingalehouse.co.uklprivacy policy4 includes the use of personal data for
fundraising purposes. This Policy also includes details of the hospice's Data Proledion Officer should
individuals have any concerns regarding the use of their data. All fundraising dC￿UrnentatIOn i.e. gift aid forms.
flyers, registration forms, standard letters. etc. contsin a link to the Privaw Policy and instructions of how to opt
out of future communication.
We also review annually the personal data we hold regarding our supporters to ensure that. where possible, the
data is accurate, up to date and not retained longer than necessary.
Future fundraising plans include:
New fundraising events to increase community 5UPPOrt l engag8ment
Deslgnated resource to build relationshlps wlth corporate supporters I donors
Continued development of ov8rs8as challenge events
Page 9

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 310ECEMBER 2023
Plans for future periods (contlnued)
Continued development of on line giving facilities
The fundamental principles upon which the Charity carri8S Out fundraising activilies are as follows:
Legal
Open
Honest
Respectful
Funds held as Custodlan
There were no funds held as custodlan.
Retail
As stated earlier in this report (under subsidiary companies) Nightingale House Promotions Limited made a
profit of £198k for th8 y8ar.
Following a review of our retail premises in 2021, we have seen improved performance year on year despite
the challenging financial environment. we expect this to continue into 2024.
The ongoing performance of all our retail outlets will continue to be dosely monitored. There are no plans in
place for any new retail premises unless a suitable opportunity presents itself.
Page 10

NIGHTINGALE HOUSE HOSPICE
(A Gompany limlted by guarantse)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for
preparing the TNstees' Report induding the Strategic Report and the financial statements in accordan￿ with
applicsble law and United Kingdom Ac(xiunting Standards (United Kingdom Generally Accepted Accounting
Practice}.
Company law requires the Trustees to prepare financial statements for each financial year. Under company
law. the Twstees must not approve the financial statements unless they are satisfied that they give a true and
fair view of the state of affairs of the Group and the Charity and of their incoming resources and application of
resources. including their income and expenditure. for that period. In preparing th8S8 financial statements. the
Tnjstees are required to:
select suitsble accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accountlng estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any
material departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to s￿W and explain
the Group and th8 Charitys transactions and disdose with reasonable accuracy at any time the financial
position of the Group and the Charily and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Charity and
hence for taking reasonable st8ps for the prevention and detection of fraud and olher irregularib'es.
Disclosu￿ of infomiation to auditors
Each of the persons who are Trustees at the time when this Trustees, Report is approved has confirmed that:
so far as that Trustee is aware. the￿ is no relevant audit information of which the charitable group's
auditors are unaware. and
that Trustee has taken all the steps that ought to have been taken as a Twstee in order to be aware of
any relevant audit infomiation and to establish that the Gharitab18 group's auditors are aware of th8t
infomiation.
Audltors
The auditors, WR Partners, have indi(3ted their WFllingness to continue in office. Th8 designated Trustees will
propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the l)oard of Trustees and signed on their behalf by:
Mrs E Griffi
Chair of Trustees
Date:
Page11

NIGHTINGALE HOUSE HOSPICE
(A Gompany limlted by guarantee)
INDEPENDENT AUDrroRS' REPORTTO THE MEMBERS OF NIGHTINGALE HOUSE HOSPICE
Opinion
We have audited the financial stalements of Nightingale House Hospice (the 'parent charitable Gompanl) and
its subsidiaries (the 'group') for the year ended 31 December 2023 ￿[ch comprise the Consolidated Statement
of Financial Activities. the Consoliijated Balance Sheet. the Company Balance Sheet, the Consolidated
Statement of Cash Flows and the related notes, including a summary of signfficant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Stsndard
applicable in the UK and Republic of Ireland. (United Kingdom Gènerally A¢￿pted Accounting Practi￿}.
In our opinion the financial statements:
give a tru8 and fair view of the state of the Group's and of the parent charitable company's affairs as at
31 December 2023 and of the Group's incoming resources and application of resources, includlng Its
income and expenditure for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audlt In accordance with International Standards on Auditing (UK) (ISAS {UK)) and
applicable law. Our responsibilities under those stsndards are further described in the Auditors. responsibilities
for the audit of the financial slatements section of our report. We are independent of the Group in accordance
with the ethiGal requirements thal are relevant to our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Conclusions ￿lating to golng Concern
In auditing the financial statements. V￿ have concluded that the Trustees. use of the going COn￿M basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomied. we have not identified any material unc8rtainti88 relating to events or
conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable
company's ability to continu8 as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page 12

NIGHTINGALE HOUSE HOSPICE
(A Company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NIGHTINGALE HOUSE HOSPICE
{CONTINUED)
Other infonnation
The other infomation comprises the information included In the Annual report other than the financial
statements and our Auditors. report thereon. The Trustees are responsib18 for the other information contained
within the Annual report. Our opinion on the financial statements does not cover the other Infonnation and,
except to the extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion ther8on. Our responsibility Is to read the other information and, in dolng so, consider whether the
0th8r information is materially inconsistent with the financial statements or our knowledge obtained in the
course of the audit. or oth8rwise appears to be materlally misstated. If we id8ntify such mat8rial inconsistencies
or appar8nt material misstatements, we are required to detemiine whether this gives rise to a material
misstatement In the financial stat8m8nts themselves. If, based on the work we have performed. we condude
that there is a material misstatement of this other information. we are required to report that fact.
We have nothing to reF)Ort in this regard.
Opinion on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the infomiation glven in the Trustees, Report including the Strategic Report for the financial year for
which the financial statements are prepared is consistent with the financial statem8nts.
the Trustees, Report and the Strategic Report have been prepared in accordance with applicable legal
quirements.
Matters on which we are required to report by exceptlon
In the light of our knowledge and und8rstanding of the charitable company and its environment obtained in the
course of the audit, we have not identlfled material misstatements in the Trust8es' Rewrt including the
Strategic Report.
We have nothing to report In respect of the following matt8rs in relation to which Companies Act 2006 requires
us to report to you if, in our opinion:
the parent Charitable company has not kept adequate and sufficient accountlng records. or retums
adequate for our audit have not been received from branches not visited by us" or
the parent charitab18 company financial statements are not in agreement with the accounting records and
returns; or
rtain disclosures of Trustees, remuneratlon specified by law are not made. or
we have not received all the infomiation and explanations we require for our audit.
Page 13

NIGFrriNGALE HOUSE HOSPICE
(A company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NIGHTINGALE HOUSE HOSPICE
(CONTINUED)
Responsibilities of tru8tee8
As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of
the charitable company for the purposes of company law) are responsible for the preparation of the financlal
statements and for belng satlsfled that they give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees ar8 responsib18 for assessing the Group's and the parent
charitable company's ability to continue as a going concem, disclosing, as applicable, matt8rs related to going
concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the
Group or the parent charilable company or to cease operations, or hav8 no realistic altemative but to do so.
Auditors. responsibilities for th8 audit of tha financial ststements
Our objectives are to obtain reasonable assurdnce about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or e￿Or, and to ISSU8 an Auditors, report that Includes our
opinion. Reasonable assuran￿ Is a hlgh level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UK) will always detect a material misstatement when it exlsts. Mlsstatements can arise
from fraud or e￿or and are considered material if, individually or in the aggregat8, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial stat8m8nts.
Irregularities, including fraud, are Instsnces of non-complian￿ with laws and regulations. We design
procedures in line with our responsibilities. outlined above, to detect material misstatements in r8spect of
irregularities, including fraud. The exlent to which our procedur8s are capable of detectlng irregularities,
including fraud is detailed below..
The audit team obtained an und8rstanding of the legal and regulatory frameworks that are applicable to the
Group and detemiined that the most significant are those that relate to the r8POrting framework (FRS102 and
the Compani&s Act 2006). the relevant tax compliance regulallons, employment law, H8alth and Safety
Regulations and the EU General Data Protection Regulation (GDPR).
We understood how the Group is complylng wlth these frameworks by making enquiri8s of management and
those responsible for legal and compliance Pro￿dures. We reviewed board minutes to identify any r8corded
instances of irregularity or non compliance thal might have a material impact on the financial statements.
We assessed the susceptibility of the Group's financial statements to material misstat8ment, including how
fraud might occur by meeting with k8y management to understand where they are considered ther8 was
susceptlblllty to fraud. Based on our understanding our procedures involved enquiries of management and
those charged with gov8mance, manual joumal testing, cashbook reviews for large and unusual items and the
challenge of significant estimales used in preparing financial ststements.
Because of the inherent limitstions of an audit, there is a risk that we will not detect all irregularities, including
those leadlng to a materfal misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation Is removed from the events and transaotions
reflected in the financial statements, Ss we wll be less likely to become aware of instances of non-compliance.
The risk is also greater regarding Irregularltles occurring due to fraud ralher than error, as fraud Involves
intentional concealment, forgery, collusion. omission or misrepresentation.
A further description of our responsibilities for the audit of the flnancial statements is locat8d on the Financial
Reporting Counal's website at: www.frc.or
.uklauditorsres
nsibilities. This descrlptlon forms part of our
Auditors, report.
Page 14

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NIGHTINGALE HOUSE HOSPICE
(CONTINUED)
Use of our report
This report is made solely to the charitable company's members, as 8 body. in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable companws m8mb8rs those matters w8 ar8 r8quir8d to stat8 to them in an Auditors, report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charitable company and its members, as a body, for our audit work, for thls report, or for the opinions
w8 hav8 fomied.
Andrew Malpass BSC FCA (Senior statutory auditor)
for and on behalf of
WR Partners
Chartered Accountants
Statutory Auditors
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Date..
k 2oL4
Page 15

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND
EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
3.305.296
3,305,296
669.164
2,408,033
9&184
3,021,878
48,938
2.368,840
44,364
669.164
2,408.033
98.184
Total income
5,811,513
669,164
6,480,677
5,484,020
Expendlture on:
Raislng funds
Charltable activities
1,630,688
3,783,891
1,630,688
4,002,804
1,597,382
3.654,668
218,913
Total expenditure
5,414,579
218,913
5,633,492
5.252,050
Net gainsl{losses) on investmenls
82.771
82.771
(187.344)
Nel movement in funds
479.705
450,251
929,956
44.626
Reconciliation of funds:
Totsl funds brought forward
Net movement in funds
6.209.793
479.705
1,694.196
450,251
7,903,989
929,956
7.859.363
44,626
Total funds carrled forward
6,689.498
2,144,447
8,833,945
7.903,989
The Consolidated statement of financial activities includes all gains and losses rewgnlsed In the year.
The notes on pages 21 to 45 form part of th8S8 financial ststements.
Page 16

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
REGISTERED NUMBER: 02906838
CONSOLIDATED BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Flxed assets
Tangible assets
Investments
13
14
5.847.604
1,345.146
4.049.389
1,245,325
7.192,750
5,294,714
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
17,213
1,181,132
1,124094
13,053
568,238
2,619,751
2.322.439
3,201.042
Creditors: amounts falling due within one
year
17
{671,659)
(581,917)
Net current ass8ts
1,650,780
2,619, 125
Tolal assets less current liabilities
8.843,530
7,913,639
Provisions for liabilities
18
(9,585)
(9,850)
Total net assets
8,833,945
7,903,989
Charlty funds
Restricted funds
Unrestricted funds
19
19
2,144,447
6,689.498
1,694, 196
6,209, 793
Total funds
8,833,945
7, 903, 989
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting reGords and preparation of financial stat8ments.
Th8 financial statements were approved and authorised for issug by Ihe Trustees and signed on their behalf by:
Mrs E Grifflths
(Chalr of Trustees)
Date: 31
The notes on pages 21 to 45 fom part of these financial statements.
Dr N Braid
(Trustee)
1712*
Page17

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
REGISTERED NUMBER: 02906838
CHARI￿ BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Nots
Flxed assets
Tangible assets
Investments
13
14
5,737,257
1,345,148
3,914,019
1,245,325
7,082,403
5.159.344
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
3.605
1.360.017
610.336
3,344
1,358,876
1,657.960
1.973,958
3,020, 180
Cr8ditors: amounts falling due within one
year
17
(519.679)
(374.969)
Net current assets
1,454279
2,645,211
Total assets less current Ilabllltles
8,536,682
(9,585)
7,804,555
Provisions for liabilities
(9,850)
Total net assets
8,527,097
7, 794. 705
Page 18

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
REGISTERED NUMBER: 02906838
CHARITY BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023
2023
2022
Note
Charity funds
Restricted fvnds
Unrestricted funds
19
19
2,144,447
6.382,650
1,694, 196
6. 100.509
Total funds
8.527.097
7, 794, 705
The Charit￿S net movement in funds for the year was £732,392 (2022- £(12. 708)).
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting ￿COrdS and preparation of financial statements.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Mrs E Griffiths
(Chair of Trustees)
Date:
Dr N Brald
rustee)
31)7)9tr
The notes on pages 21 to 45 fomi part of these financial statements.
Page 19

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Note
Cash flows from operatlng activities
Net cash used in operating activities
21
598.612
539,002
Cash flows from investing activlties
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
98,184
44,364
14,647
(2.192,453) (273,843)
Net cash used in investing actlvltles
(2,094,269) (214,832)
Change in cash and cash equlvalents In the year
Cash and cash equivalents at the beglnnlng of the year
{1.495,657)
2,619.751
324,170
2.295.581
Cash and cash equivalents at the end of the year
22
1,124,094
2,619,751
The notes on pages 21 to 45 form part of these financial statements
Page 20

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantae)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General Infomiation
The Charity Is a company limited by guarantee incorporated in England and Wales. The registered
address and the members of the company are named on page 1. In the event of the Charity being wound
up. th8 liability in respect of the guarantee is limited to £10 per member of the Charity.
Accountlng policies
2.1 Basls of preparation of financlal ststements
The financial statements have been prepared in accordance with the second edition Chariti88 SORP
{FRS 102)
Accounting and Reporting by Charities: Ststement of Recommended Practice
applicable to charities preparing th8ir accounts in accordance with th8 Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) {October 2019), the Financial R8POrting
Stsndard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
Nighlingale House Hospice meets the definition of a publlc benefit entity under FRS 102. Assets
and liabilities are initially recconised at historical cost or transaction value unless otherwlse stated in
the relevant acLounting policy.
The Consolidated Ststem8nt of Financial Activitl8s (SOFA) and Consolidated Balance Sheet
consolidate the financial statements of the Group and its subsidiary undertaking. The results of the
subsidiary are consolidated on a line by line basis.
The Group has taken advantage of the exemption allowed under section 408 of the Companies Act
2006 and has not presented its own Statement of financial activities in these financial statements.
2.2 Basis of consolldatlon
The financial statements consolidate the accounts of Nightingale House Hospice and all of its
subsidiary undertakings {'subsidiaries').
The Charity has taken advantage of the exemptlon contained within section 408 of the Companies
Act 2006 not to present its own income and expenditure account.
The Income and expendlture account for the year dealt wlth In the accounts of th8 Charity was a
surplus of £658,640 (2022: deficit of £12.708).
2.3 Golng concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has
adequate resources to continue in operational existence for the forseeable fijture. For this reason
they continue to adopt the going concem basis in preparing the financial ststements as explained In
the Trustees, Report.
Page 21

NIGHTINGALE HOUSE HOSPICE
(A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies {continued)
2A Income
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability ta estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to
them {through knowledge of the existence of a valid will and the dealh of the benefactor) and the
executor is satisfied that the property in question will not be required to satlsfy claims in the estate.
Receipt of 8 legacy must be recognlsed when it is probable that it wlll be received end the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Charity, can be reliably measured.
Grants are includsd in the Consolidated Statement of Financial Activities on a receivable basis. The
balance of income received for specific purposes but not expended during the period is shown in the
relevant funds on the Balance sheet. Where income is received in advance of entitlement of
r8C8iPt, its recognition is deferred and included in creditors as def@rr8d income. Where entitlement
occurs before income Is recelved, the Income Is accrued.
Gifts in kind donated for distribution are included at valuation and recognised as income when they
are distributed to the projects. Gifts donated for resale are included as income when they are sold.
Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to
measure this reliably, in which case the cost of the item to the donor should be used. The gain is
recognised as income from donations and a corresponding amount is included in the appropriate
fixed asset class and depreciated over the useful economic life in accordance with the Charity's
accounting policies.
On receipt. donated professional serviGes and facilities are recognised on the basis of the value of
the gift to the Charity which is the amount it would have been willing to pay to obtsin ServI￿S or
facilities of equivalent economic benefit on the open market., a corresponding amount is then
recognised in expendilure in the period of receipt.
Incom8 tax r8COV8rabl8 in relation to donations raceived under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment incorne is r8cognised at the time the investment
income Is re￿1Vable.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
Page 22

NIGHTINGALE HOUSE HOSPICE
(A company limitsd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcies (Gontinuod)
2.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefft to a third paty. it is probable that a transfer of economic beneflts will be required in
settlement and the amount of th8 obligation can b8 measur8d reliably. Expenditure is classified by
activity. The costs of each acttvity are made up of the totsl of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attrlbutsble to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attrfbutable to a sirKJle activity are apportioned between those
activities on a basis consistent with the use of rèsourc8s. Central staff costs are allocated on the
basis of time spent. and depreciation charges allocated on the porlion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Group's objectives, as well as any associated support costs.
All exp8nditur8 is inclustV8 of irrecoverable VAT.
2.6 Interest receivable
Interest on funds held on deposlt Is Included when receivable and the amount can be measured
reliably by the Group. this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.7 Tangible r￿ed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognlsed when future economic
benefits are probable and the cost or value of the asset can be m8asured reliably.
Tangibl8 fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depr8ciation and any accumulated
impairment losses. All costs incurred to bring a tanglble fixed asset into its intended working
condition should be included in the m6asurem8nt of cost.
Depreciation is charged so as to allocate the cost of tsngible fixed assets less their residual value
over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
Freehold propety
Long-term leasehold property
50 years
Ov8r th8 shorter of the remaining lease term
or remaining lease term or remaining expected
useful life of the asset on a straight line basis
Modernisation Project- Over 20 years
Over 5- 10 years straight line
Over 3-5 years on a straight line basis
Over 3-10 years on a Straight line basis
Over 3 years on straight line basis
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Page 23

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting poliGies {continued)
2.8 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the
value cannot be measured reliably in which case it is measured at cost less impairmenl. Investment
gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on
investments, in the Consolidated Statement of Financial Activities.
Investments in subsidiaries are valued at cost less provision for impairment.
2.9 stocks
stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of
fixed and variable overheads.
2.10 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.11 Cash at bank and in hand
Cash at bank and in hand Includes cash and short-temi highly liquid investments with a short
maturity of thr88 months or less Irom the date of acquisition or opening of the deposit or similar
a￿unt.
2.12 Liabilities
Liabilities and provisions are recognised when there is an obligation at the Balance sheet date as a
result of a past event. it is probable that a transfer of economic benefit will be required in settlement,
and the amount of Ihe settlement can be estimated reliably.
Liabilities are recognised at Ihe amount that the Chartty anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation.
Where the effect of the time value of money is material, the provision is based on the present value
of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to Ihe
liability. The unwinding of th8 discount is recognised in the Consolidated Statement of Financial
Activities as a finance cost.
2.13 Flnanclal Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognis8d at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortis@d cost using the effective interest method.
Page 24

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guaranfee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng policies (Gontlnued)
2.14 Penslons
The Charity contributes to the National Health Service Pension Schem8 (a defined contribution
scheme) for those employees who are eligible. a defined contribution group pension plan und8r auto
enrolment and contributes to the personal pension plans of other participating employees.
2.15 Fund accounting
General funds are unrestricted funds vthich ar8 available for use at the discretion of the Trustees in
furtherance of the general objectives of the Group and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Group for particular purposes. The costs of raising and
8dministering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the 8ppropriat8 fund.
Critical accounting estimates and areas of judgment
Estirnales and judgments are continually evaluated and are based on historical experience and other
factors, induding expectations of future events Ihat are believed to be reasonable under the
circumstances.
Critical accounting estimates and assurnptions:
The Charity makes estimates and assumptions conceming the future. The resulting accounting estimates
and assumptions will, by definition, seldom equal the related actual results. In the oplnlon of the trustees
there are no estimates and assumptions that have a slgnlflcant risk of causing a material adjustment to
the carrying amounts of assets and liabilities within the next financial year.
Page 25

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR TrIE YEAR ENDED 31 DECEMBER 2023
InGorno from donations and legacles
Unrestrictsd Restricted
funds
funds
2023
2023
Total
funds
2023
Total
fvnds
2022
Gift Aid on Donations
Donations
GAYE (donations via companies)
Challenge Activilies
Legacies and Bequests
Collections
Covenants
157.477
533.286
2,030
142,264
880.945
34.991
2,103
73,752
157,4n
782,345
2,030
142,264
880,945
34,991
2,103
73,752
109.326
482.382
1.980
212,081
1, 025,129
38,574
1,828
249,059
Legacies
Betsicadwaladr University LHB - Core
funding
Profits Transferred Under Gift Aid
916,708
312.681
916,708
312,681
931,675
218.903
Total 2023
3.305.296
3,305,296
3,021,878
Tot812022
2,963,017
58,861
3,021,878
Income from charitable activities
Restricted
funds
2023
Total
funds
2023
Total
funds
2022
Grant income
669,164
669,164
48,938
Total 2023
669,164
669.164
48.938
Total 2022
48,938
48.938
Page 26

NIGHTINGALE HOUSE HOSPICE
{A Gompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
Income from other trading activities
Income from non charitable trading activities
Unrestrlcted
funds
2023
Total
funds
2023
Total
funds
2022
Cat8ring services
Fundraising
Merchandise
3.096
254.246
10.476
12,000
10,635
56,370
1,297,374
763,836
3,096
254.246
10.476
12,000
10,635
56,370
1,297,374
763,836
2,581
198,892
17,705
12,000
66.517
65, 779
1,202,161
803,205
Rental
Miscellaneous Income
Campaign income
Income from Nightingale House Promotions
Income from Nightingale House Lottery
Total 2023
2,408,033
2.408.033
2,368.840
Total 2022
2,368,840
2,368,840
Page 27

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
Investment income
Unrestri¢ted
funds
2023
Total
funds
2023
Total
fvnds
2022
Dividends
Bank Inter8St
Feed in Tariff
32,069
47.510
18.605
32,069
47.510
18,605
27,191
1,450
15.723
Total 2023
98,184
98,184
44,364
Total 2022
44,364
44,364
Expenditure on raising funds
Other charitable trading exponses
Unrestricted
funds
2023
Total
funds
2023
Total
fvnds
2022
Nightingale House Hospice- fundraising expenses
Nightingale House Promotions - expenses
Nightingale House Lottery - expenses
Subsidiary companies - staff costs
Subsidiary companies - depreciation
212.361
537,540
249,302
600,968
30,517
212,361
537,540
249.302
600.968
30.517
145,971
586,471
251,350
581,940
31,650
Total 2023
1.630,688
1,630,688
1.597,382
Total 2022
1,597,382
7.597,382
Page 28

NIGHTINGALE HOUSE HOSPICE
(A company limited by guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by activities
Activities
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
Total
funds
2022
Charltable activities
403,484
3,599.320
4.002,804
3,654.668
Total 2023
403,484
3,599,320
4,002.804
3.654,668
Total 2022
354,239
3.300,429
3, 654,668
Analysis of direct costs
Charltsble
actlvltles
2023
Total
funds
2023
Total
funds
2022
Travel
Ambulance running costs & other Hospice vehicles
Educational training
Repairs and renewals
Insurance
Audit and accountancy
Legal and professional
Equipment lease
Bank charges & interest
1,040
11,121
26,888
99,320
13.828
22.896
150,671
60,946
16,774
1,005
9, 583
15,841
78,391
17,728
18,969
146,667
50.393
15,662
11,121
26,888
99,320
13,828
22.896
150,671
60,946
16,774
Total 2023
403,484
403,484
354,239
Total 2022
354,239
354,239
Page 29

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by activities (contlnued)
Analysis of support costs
Charitable
activities
2023
Total
funds
2023
Total
fvnds
2022
Stsff costs (includes ag8ncy costs)
Depreciation
General running costs
Catering provisions
2.928,755
265,173
378.183
27.209
2,928,755
265,173
378,183
27,209
2, 780.381
265.299
229,216
25,533
Total 2023
3.599.320
3,599,320
3,300.429
Total 2022
3.300,429
3,300.429
10. Auditors. remuneration
2023
2022
Fees payable to the Group's auditor for the audit of the Group's annual
accounts
Accounts preparation and other services
15,650
3,950
14,500
3,650
11. Stsff c¢y3ts
Group
2023
Group
2022
Charity
2023
Charity
2022
Wages and salaries
Social security costs
Contribution to defined contribution pension
schemes
3,131.570
253,021
3,030, 708
227. 729
2,584292
212.484
2,497,943
190,928
145,132
103.884
131,979
91,510
3,529,723
3,362,321
2,928.755
2, 780,381
Page 30

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11. Staff costs (continued)
The average numb&r of persons employed by the Charity during the year was as follows:
Group
2023
Group
2022
Charity
2023
No.
Chai7ty
2022
No.
Clinical and domiciliary
Fundraising
Commercial trading operations
Administration and maintenance
56
15
30
20
53
14
30
17
56
53
15
14
20
17
121
114
91
The number of employees whose 8mploy8e benefits {excluding employer pension costs> exceeded
£60,000 was:
Group
2023
Gmup
2022
No.
In the band £60,001- £70,000
Total remuneration of the personnel considered to be key management of the group was £292,109
(2022: £232.531).
12. Trustees. remuneratlon and expenses
During the year, one Trustee has been paid remuneration or has received other benefits from an
employment with the Charity. The remuneration was paid to the Trustee for th8ir role as Director of
Finance following approval from the Charity Commission.
Remuneratlon of £12.968 (2022 - £3,019) and national insurance contributions of £534 (2022 - £108)
were paid to the Twstee in ￿spect of his employment.
During the year ended 31 December 2023. no Twstee expenses have been incU￿ed (2022 - £Nil).
Page 31

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantoe)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
13. Tangible fixed assets
Group
Leasehold
Plant,
Freehold
property &
Motor Flxtures and Assets under
property Improv8m8nts vehicles
Equipment construction
Total
Cost or valuatlon
At 1 January 2023
Additions
Disposals
5,000
5,513.861
5.407
(161,474)
60.025
1,437,870
12,991
(191,182)
85,650
7,102,406
2,174.055 2,192,453
(352,656)
At 31 December
2023
5,000
5,357,794
60,025
1,259,679
2,259,705
8.942,203
Depreciation
At 1 January 2023
Charge for the
year
On disposals
1,878,943
46.164
1.127,910
3,053,017
197.953
(67.831)
7,852
89,888
(186,280)
295,693
(254,111)
At 31 December
2023
2.009,065
54.016
1,031,518
3.094,599
Net book value
At 31 December
2023
5.000
3,348,729
6,009
228,161
2,259.705
5,847.604
At 31 December
2022
5, 000
3,634,918
13,861
309.960
85, 650
4,049,389
Page 32

NIGHTINGALE HOUSE HOSPICE
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
13. Tanglble flxed assels (contlnued)
Charity
Laasehold
Plant,
Freehold
property &
Motor Fixtures and Assets under
property improvoments vehicles
Equipment constructlon
Total
Cost or valuation
At 1 January 2023
Additions
Disposals
5,000
5,513,091
5,407
(161,474)
39.692
1,084,264
7,496
{191,182)
85.650 6,727,697
2,174.055 2,186,958
(352,656)
At 31 December
2023
5,000
5,357,024
39.692
900,578
2,259.705 8.561,999
Depreciation
At 1 January 2023
Charge for the year
On disposals
1,878,173
197,953
(67,831)
25,831
7,852
909,674
59.370
(186,280)
2,813,678
265,175
(254,111)
At 31 December
2023
2.008,295
33.683
782.764
2,824,742
Net book value
At 31 December
2023
5,000
3,348,729
6,009
117,814
2,259,705 &737,257
At 31 December
2022
5,000
3,634,918
13,861
174,590
85.650 3,914.019
Page 33

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1& Fixed asset investments
Listed
investments
Group
Cost or valuatlon
At 1 January 2023
Additions
Disposals
Revaluatlons
1,245,325
484,931
(446,811)
61,701
At 31 D8C8mber 2023
1,345.146
Nel book value
At 31 December 2023
1,345,146
At 31 December 2022
1.245,325
Llsted
investments
Charity
Cost or valuatlon
At 1 January 2023
Additions
Dlswsals
Revaluations
1,245,325
484,931
(446,811)
61,701
At 31 December 2023
1,345,146
Net book value
At 31 December 2023
1,345.146
At 31 December 2022
1,245,325
Page 34

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
15. Stocks
Group
2023
Group
2022
Charlty
2023
Chsrity
2022
Finished goods and goods for resale
17,213
13,053
3,605
3,344
16. Debtors
Group
2023
Group
2022
Charlty
2023
Charity
2022
Due within one year
Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income
Tax recoverable
48,601
27,188
48.601
215,914
1,004,036
48,247
43.219
27, 188
832.877
440,500
41.035
1T.276
1.004.719
84.593
43,219
440,502
83,272
17.276
1.181.132
568,238
1,360.017
1,358,876
17. Creditors: Amounts falling due within one year
Group
2023
Group
2022
Charlty
2023
Charity
2022
Payments received on account
Trade creditors
other taxation and social security
other creditors
Accruals and deferred income
76,075
115,599
82.889
38.777
358.319
90.169
135.226
91,886
34,719
229.917
520
100,667
71,363
38.777
308,352
12,817
114,226
81,077
34,719
132, 130
671,659
581.917
519,679
374,969
Payments on account relate to Lottery stakes received in advance. These are released in full to the
profit and loss account as and when players are entered into the weekly cash prlze draw.
Page 35

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
18. Provisions
Group
Penslon
provision
At 1 January 2023
Amounts used
9,850
(265)
At 31 December 2022
9,585
Charity
Penslon
provision
At 1 January 2023
Amounts used
9,850
(265)
At 31 December 2022
9,585
Penslon Provlslon
The calculation of the cost of the earfy retirement is based on the capital cost of providing enhanced
P8nsions with allowanc8 for futur8 inv8Stm8nt retums in excess of price inflation.
Page 36

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Statement of funds
Statement of funds - current year
Balance at
31
Galnsl December
(Losses}
2023
Balance at
January
2023
Transfers
Inlout
Income Expenditure
Unrestrlcted
funds
Deslgnated
funds
Tanglble fixed
assets
Propety
maintenance
and repair
Subsidiaries-
tangible fixed
assets
2,268,323
1,339,193
3,607,516
50,000
so,000
135,370
5,495
(30,517}
110.348
Modemisation
Fund
1,500,000
(1.270,871)
229,129
3,953,693
SA95
(30.517)
68,322
3,996,993
General funds
Charity Funds
2.256,100
5,806.018 (5,384,062)
{68,322}
82,771
2.692,505
Total
Unrestricted
funds
6,209,793
5.811,513 {5,414,579)
82,771
6,689,498
Page 37

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Ststement of funds (contlnued)
Restricted
funds
Hospice
Property Fund
Welsh Assembly
Grant - capital
Phase 1
Development
Income
Phase 2
Development
Income
Phase 3
D8V8lopment
Income
Phase 4
Development
income
Sundry
Restricted Funds
(<£5k)
CIN
The Albert Hunt
Trust
In memory
donation
Welsh
Govemment
984,735
{56,304>
928,431
155,461
(22,672)
132,789
153,858
(9,140)
144,718
341,892
(19,087)
322,805
9,750
{500)
9,250
594224
12.476)
591,748
19,636
5,159
33,200
(18.953)
(33,200)
5,842
8,864
8.864
20.000
{20,000)
36,$81
(36.581)
1,694,196
669,164
{218,913)
2,144,447
Total of funds
7,903,989
6,480,677 (5,633,492)
82,771
8.833.945
Page 38

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantge)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Statement of funds (continued)
Statement of funds - prlor year
Balance at
31
December
2022
8alance at
l January
2022
Transfers
in/out
Gains/
(Losses)
Income Expenditure
Unrestricted
funds
Deslgnated
funds
Tangible fixed
assets
Property
maintenan
and repalr
Subsldlades-
tangible fixed
assets
Modemisation
Fund
2, 176.121
92,202
2,268,323
100,000
(50,000)
,000
161,700
(26.330)
135,3TO
580.927
919.073
1,500,000
3.Oq8. 748
934,945
3.953,693
General funds
Charity Funds
3,067, 755
5,376,221 (5,070.587) (929,945) (187,344) 2,256,100
Total
Unrestricted
funds
6.086,503
5,3T6.221 (5.070.587)
5,000
(187.344) 6,209, 793
Page 39

NIGHTINGALE HOUSE HOSPICE
{A company Ilmltsd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Statement of funds (continued)
Restrlcted
funds
Hospice
Propety Fund
Welsh Assembly
Grant - capital
Stsff Fund
Phase 1
Development
Income
Phase 2
Development
Income
Phase 3
Development
Income
Children in Need
Awyr Las
SLrndry
Restricted Funds
(<£5k) .
The Albert Hunt
Trust
Screwfix
Foundation
DTCC Corporate
Donation
In memory
donation
Welsh
Govemment
1.041.039
(56,304)
984, 735
178,133
280
(22,672)
(280)
155,461
162,998
(9, 140)
153,858
360,979
(19,087)
341,892
10,000
30.000
(250)
(30.000)
(3.036)
9. 750
3,036
6.395
28.861
(15.620)
19,636
10.000
(7,136)
8,864
5.000
(5,000)
5,000
(5,000)
20,000
20,000
18,938
(18,938)
1,772,860
107, 799
(181,463)
(5,000)
1,694, 196
Total of funds
7,859,363
5,484,020 (5,252,050)
{187,344J
7.903,989
Page 40

NIGHTINGALE HOUSE HOSPICE
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Restricted Funds
The Hospi￿ Propety Fund was set up initially in 1994 from grants received for the constnjction of the
Hospice building. Since 1994 additional grants have been received for refurbishment and improvements
of the building and also the building of a new annex. These grants have been fully spent and the value
carried fO￿ard relates to the value within Fixed Assets - Long Leasehold Property.
Welsh Assembly funding was part of a three year developrnent plan for the Hospice. Grants re￿iVed
relate to specific capital projects. The amount carried fO￿ard relates to capital expenditure.
For all capital expenditure the amounts carried forward relate to either the net book value of the assets
purchased or monies unspent at the year end. If a grant or donation was received towards the capital
cost and the monies have been fully spent, then so long as no other restrictions are outstanding, Ihe net
book value may b8 transferred out of restricted funds to unrestricted funds.
Phase 1 fund relates to grants and donations received towards Phase 1 of the redevelopment.
Phase 2 fund relates to grants and donations received towards Phase 2 of the redevelopment including a
significant contribution from The Bradbury Foundation.
Phase 3 fund relates to grants and donations received towards phase 3 of the redevelopment.
Phase 4 fund relates to grants and donations received towards phase 4 of the redevelopment including
slgnificant contributions from The Bradbury Foundation, The Bemard Sunley Foundation and The Sir
Donald and Lady Edna Wilson Charitsble Trust.
Sundry restricted funds represent a number of smaller donations (= to or <£5k) received in the year for
specific purposes.
The Albert Hunt Trust fund is towards Here lo Help Community information points.
Welsh Govemment income relates to a bereavement support grant.
Designated Funds
The property Maintenan￿ and repair fund was established in 2005 to provide towards future repair
costs.
Tangible fixed assets represents the net book value of tangible fixed assels at 31 D8C8mber 2023
purchased using unrestricted funds.
The modernlsation fund represents the contrfbution to be made by the Hospi￿ to th8 thase 4
modernisation.
General Fund
Th8 General Reserve includes the reserves of the Promotions Company which amount to £298.699 and
the reserves of the Lottery Company which amount to £8,149.
Page 41

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of net assets between funds
Analysis of net assets between funds - current year
Unrestricted Restrlcted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Provisions for liabilities and charges
3,717,863
1,345,146
2,307,733
(671,659)
(9,585)
2,129,741
5,847,604
1,345.146
2,322A39
(671.659)
(9,585)
14,706
Totsl
6,689,498
2,144,447
8,833.945
Analysis of net a8sets between funds - prior year
Unrestricted
runds
2022
Restricted
funds
2022
Tot81
funds
2022
Tangible fixed assets
Fixed asset investments
Currenl assets
Creditors due within one year
Provisions for liabilities and charg8S
2,403, 693
1,245,325
3, 152,542
(581,917)
(9,850)
1. 645, 696
4,049,389
1,245,325
3,201,042
(581,917)
(9,850)
48,500
Total
6,209, 793
1,694, 196
7,903,989
Page 42

NIGHTINGALE HOUSE HOSPICE
(A company limitsd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Reconciliation of net movemgnt in funds to net cash flow from operating activities
Group
2023
Gmup
2022
Net incorne for the year (as per Statement of Financial Activities)
929,956
44,626
Adjustments for:
Depreciation charges
Dividends, int8r8Sts and rents from investments
Lossl(profit) on the sale of fixed assets
Decreasel{incr8as8) in stocks
Decreasel(increas8) in debtors
Increase in cr8ditors & provisions
(Gainyloss on disposal of investments
295.693
(98,184)
98,545
(4.160)
{612.894)
89,477
199,821)
296.950
(44,364)
(6, 173)
7,506
34.644
29,108
176. 705
Net cash provided by operating activlties
598.612
539.002
22. Analysis of cash and cash equivalents
Group
2023
Gmup
2022
Cash in hand
1,124,094
2,619.751
Total cash and cash equlvalents
1.124,094
2,619,751
23. Analysis of changes In net debt
At1
January
2023 Cash flows
At31
December
2023
Cash at bank and in hand
2.619,751 (1,495.657) 1,124,094
2.619.751 {1,495,657) 1,124,094
Pag8 43

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
24. Contlngent Ilabllhles
A restricted grant of £300,000 was received in 2007 from the Big Lottery towards the cost of the new
annex at the Hospice. The terms and Conditions of the grant remain in for￿ for the remaining tenn of the
lease which 8xpir8s in 2119 and included the requirement to potentially r8￿nd th8 grant if the annex is
sold or no longer used for charltable purposes. The land is held under Ilcence from Betsi Cadwaladr
University Local Health Board.
25.
Penslon commitments
The charitable company makes contributions to certain pensions scheme for its employees. One of the
schemes for eligible employees is the NHS Superannuation Scheme (a d8fin8d contribution scheme).
The level of contributions to this scheme is detemlned annually by the NHS Pensions Agency. Th8
hospice has no further liability beyond the contributions determined. The rate of employer contribution
during the year was 14.380/0 and the charge for the year was £89,335 (2022: £48,259). The amount
outstandlng relatlng to thls scheme at 31 De￿rnber 2023 was £15,462 (2022: £10,497> and this was paid
in January 2024.
The Hospice also contributes to a group scheme under auto-enrolment with NOW Penslons and to
c@rtain participating employees, personal pension plans. The charg8 for the period was £54.516 (2022:
£54,099). The amount outstanding at 31 December 2023 was £12,886 (2022: £14.667) and this was paid
in January 2024.
The Hospice also contributes to a a private penslon for tsrtaln participating employees. The charge for
the period was £1.630 (2022: £3.212). The amount outstanding at 31 December 2023 was £75 (2022:
£827) and this was paid in January 2024.
26. Operating lease commitments
At 31 December 2023 the Group and the Charity had commitm8nts to make future mlnlmum lease
payments under non-cancellable operatlng leases as follows..
Group
2023
Group
2022
Charity
2023
Charity
2022
Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years
121,757
262,993
46,395
146,843
376,083
52,396
21,049
2,576
21,049
23,625
431,145
575,322
23,625
44,674
Page 44

NIGHTINGALE HOUSE HOSPICE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
27. Related party transactlons
During the year. the Charity made purchases of £Nil (2022.. £70) from Cutting Edge Landscape
Maintenance IWM) Ltd. The managing director of this company is married to a Trustee. The balance
outstanding at year end was £Nil (2022.. £Nil).
During the year. the Charity made purchases of £3,627 (2022.. £Nil) from DTM Legal LLP for the
provision of legal SeNI￿S. A Trustee of the Charity and his spouse are Designated Members of thls
company. The balance outstanding at year end was £Nil (2022: £Nil).
The Charity has not entered into any other related party transaction during the year. nor are there any
outstanding balances owing between related parties and the Charity at 31 December 2023.
Page 45