## # ## |Index to Annual
R|Index to Annual
R|eport and Accounts|| |---|---|---|---| |Year Ended 31||December 2020|| |Contents|||Page| |Chairman's
Review|||1-2| |Trustees
Annual
Report|||| |Reference &Administrative|Details||| |Structure,
Governance
&|Management||4-5| |Objectives &Activities|||| |Financial
Review|||7-8| |Plans for future periods|||| |Report ofthe Independent
Auditors|||9-11| |Consolidated
Statement of Financial|Activities||12| |Consolidated
and Charity Statement|of Financial|Position|13| |Consolidated
Cash Flow Statement|||14| |Notes Forming
Part ofthe Financial|Statements||15-25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Dr LMiles||DrJ Cooper(Resigned|October2020)| |---|---|---|---| |Ms J Lesge||Mr AThomas|| |Mrs A Hughes||Mr D Williams|| |Mr R Drlnkwater||Mrs 3Edwards|| |Mr A Nevllle (Resigned October 2020)||Mrs P Brooke (Resigned January 2021)|| |Mr C Davies (Resigned October 2020)||Mrs 8 Dixon (Resigned|October 2020)| |Ms V Macdonald|(Resigned October 2020)|Mr D Hardy|| |Mr RThomas||Mrs J Humphreys|| |Ms EJones||Mrs
IJones
(Resigned|October 2020)| |Dr H Edwards||Mrs E Price
(Resigned|October 2020)| |Dr 3McVlcar|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The split ofinvestments|The split ofinvestments|is currently|as follows;|as follows;|| |---|---|---|---|---|---| ||||||%%uo| |Fixed Interest|Securities||||8.0| |Equities|||||77.0| |Cash pending|held as part ofthe investment|||portfolio|15.0| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| ||Notes|Funds
f|Funds
f|2020
f|2019
f| |Income:|||||| |Donations,
grants and legacies
Charitable
activites||1564 907
1,506,890|200,127|1,765,034
1,506,890|1,835,547
2,066,730| |Other trading activltes
Investment
income||638,353
189||638,353
189|635,123
205| |Other income||1,452,826||1,452,826|499,748| |Total Income||5,163,165|200,127|5,363,292|5,037,353| |Expenditure:
Costs of raising funds
Charitable
activities||1,969,417
2,890,949|150,000
8,520|2,119,417
2,899,469|1,994,143
3,215,125| |Total expenditure|8|4,860,366|158,520|5,018,886|5(209,268| |Net Gains / (Losses) on investments|10|202,560||202,560|232,500| |Net Income/(Expenditure)||505,359|41,607|546,966|60,585| |Transfers between
funds|||||| |Net movement
ln funds for the year|6b|505,359|41,607|546,966|60,585| |Reconciliation
offunds:
Total funds brought
forward||5,920,352|41,346|5,961,698|5,901,113| |Total funds carried forward||6,425,711|82,953|6,508,664|5,961,698| ## ## ## ## ||||||As at 31 Dec|ember 2020|||| |---|---|---|---|---|---|---|---|---|---| |||||||Group|Charity|Group|Charity| ||||||Notes|2020|2020|2019|2019| |||||||f|6|6|6| |Fixed Assets|||||||||| |Tangible assets
Investments|||||9
10|2,854,193
2,890,531|2,840,379
2,890,535|2,382,186
2,487,973|2,363,054
2,487,977| |||||||5,744,724|5,730,914|4,870,158|4,851,030| |Current Assets|||||||||| |Stock||||||20,697|19,465|20,699|19,134| |Debtors||||||860,996|908,489|1,116,600|1,167,324| |Cash at Bank and||In|hand|||778,465|637,133|564,381|403,044| |||||||1,660,158|1,565,087|1,701,680|1,589,502| |Creditors: Amounts
within
one year|||falling|due|12|846,218)|742,382)|(535,140)|408,878)| |Net Current|Assets|||||813,940|822,705|1,166,540|1,180,624| |Total Assets Less||Current||Liabilities||6,558,664|6,553,618|6,036,698|6,031,654| |Welsh Government|||Grant||13|(50,000)|(50,000)|(75,000)|(75,000)| |||||||6y508p664|6 503y618|5~961p698|sp956p654| |Funds:|||||||||| |Unrestricted|Funds||||||||| |General
Restricted|Funds||||14
14|6,425,711
82,953|6,420,665
82,953|5,920,352
41,346|5,915,308
41,346| |TotalFunds||||||6p508)664|6(503p618|5~961(698|5p956 654| ## ## ## ||||Notes|2020
6|2019
f| |---|---|---|---|---|---| |Cash from|operating
activities||20|839,330|141,993| |Cash used|ln investing
activities
Net investment
gains/(losses)
Investment
withdrawals/(additions)|||202,560
(200,000)|232,500
(18,818)| ||Interestincome|||189|205| ||Purchase of fixed asset investments||||0| ||Purchase oftangible fixed assets|||(627,995)|(402,371)| |Cash used|Disposal oftangible
fixed assets
in InvestIng activities|||(625,246)|(188,484)| |Cash used|In financing
activities||||| |Increase (decrease) ln cash and cash equivalents|||in the year|214,084|(46,491)| |Cash and|cash equivalents
at the beginning|ofthe year||564,381|610,872| |Cash and|cash equivalents
at the end ofthe|year||778,465|564,381| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| |||||||E|f| |Donations
Grants|and|gifts||||584,249
316,139|750,133
101,855| |Legacies||||||864,646|983,559| |||||||1765,034|1,835,547| |Income
from||donations|and|legacies|was f1,765,034 (2019:f1,835,547) of which f200,127 (2019||| |f50,739) was||attributable|to|restricted|funds|and E1,564,907 (2019:E1,784,808) was attributable
to|| |unrestlcted|funds.||||||| |Income from||charitable|actlvltes||||| |||||||2020|2019| |||||||f|f| |Fundraising
Income
Merchandising
income||||||493,113
1,013,777|540,688
1,526,042| |||||||1,506890|2066,730| ## ## |to raise funds for the benefit ofthe l|to raise funds for the benefit ofthe l|to raise funds for the benefit ofthe l|-losplce.||| |---|---|---|---|---|---| |Profit & Loss Account for Subsidiary|||Company|2020
f|2019
f| |||||598,131|635,123| |Cost ofSales||||102,387|123223| |GI'oss PIogt
Admin
Expenses||||495,744
(157,634)|511,900
(186,798)| |Operating
Profit||||338,110|325,102| |Other operating
income
Other interest
receivable||and slmgar|Income|40,222
78|299| |Profit on ordinary|activities before taxation|||378,410|325401| |Amount
donated|to Hospice|||(378,410)|(325,401)| |Retained
profit brought||forward||5044|5,044| |Retained
profit carried||forward||5,044|5,044| |Represented
by
Assets||||159,376|185,816| |Liabgitles||||154,328
5,048|180,768
5,048| |Funds'.|||||| |Share Capital
Reserves||||4
5,044|4
5,044| |||||5 048|5,048| ## ## ## |5|Investment
and Other Income|||||| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||f|f| ||Investment
Income||||189|205| ||||||189|205| |6|Other Income|||||| ||||||2020|2019| ||||||f|f| ||LHB Contract||||133,140|133,140| ||National
Assembly/NHS
Trust||||372,859|366,608| ||Coronavlrus
Job Retention Scheme||||355,647|| ||Coronavirus
Hospice UK/Welsh
Government|||support|591,180|| ||||||1,452,826|499,748| |6a|Net (Outgoing) / Incoming
Resources||||2020|2019| ||||||f|f| ||These are stated after charging/(crediting).|||||| ||Auditors'
Remuneration
for Audit Services||||6,750|6,750| ||Auditors'
Remuneration
for Non-Audit||Services||11,000|6,150| ||Amortisation
of Government
Grant||||(25,000)|(25,000)| ||Depreciation;
Hospice Building
Depreciation:
Equipment,
fixtures
Depreciation;
Lottery equipment
Depreciation;
Holyhead
project|&vehicles|||73,438
62,540
5,318
14,692|73,438
71,233
1,515
2,867| ||Operating
lease rentals'.
Rent||||287,331|293,954| ||Other||||39,395|34,277| ## ## ## ## ||For the|y|ear e|nded|31Dece|mb|er 2|020||| |---|---|---|---|---|---|---|---|---|---|---| ||Staff Costs||||||||2020|2019| ||||||||||E|E| ||Wages &Salaries
Social Security Costs
Pension Costs (See Note 7ci
Other Costs||||||||3,069,048
237,032
158,246
22,639|3,014,322
211,405
140,926
28,851| ||||||||||3,486,965|3,395,504| ||Totel redundancy/termination||payments||amounted|to|Enll|(2019;E36,347)||| ||The following
number of employees|||received emoluments||||of over E60,000:
2020||2019| ||E60,000 - E69,999
E70,000 - E79,999||||||||1
1|| ||Pension scheme for employees||earning over E60,000:||||||2020|2019| ||Money purchase scheme|||||||||| ||NHS Superannuation
scheme|||||||||| ||Pension costs for employees|earning||over E60,000:|||||2020|2019| ||||||||||E|E| ||Money purchase
scheme
NHS Superannuation
scheme||||||||4,796
12,279
17,075|4,760
11,829
16589| |7b|The average number of WTE employees,
analysed
Medical, Nursing,
Professional
&Technical
Administration|||||by|function was:||2020
47.5
13.0|2019
48.2
12.5| ||Merchandising
& Fundraising
Support staff
Lottery staff||||||||58.0
12.6
7.2|56.4
12.7
8.3| ||Employed
by the Company||||||||138.3|138.1| |7c|Pension schemes|||||||||| ||Nature ofscheme||||||Cost||Outstanding|contributions| ||||||||||at the year end|| ||||||2020|||2019|2020|2019| ||||||E|||E|E|E| ||Money purchase
scheme
NHS Superannuation
scheme||||70,405
87,841
158,246|||55,617
85,309
140,926|14,383
14,383|2,282
2,282| |7d|Aggregate
employee
benefits||of;||||||2020
E|2019
E| ||t
ersonnel||||||||380,744|344,238| ||||For|the year ended|31December|2020|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |8|Eapendlture|JCCarlta|~su
cos
~orated
~aac
es ~Md
sin|||~un|s||2D20
~otal|2019
T~|| |||6|||||E||6|E|| ||Staff Ccats
Medical,
Nursing,
PIET, Support
Admin
Personnel|1,835,387
1,835,387||288817
288,817|815215
815,215||467 047
467,047|118423
118,423|1,835,387
1689502
3,524,889|2,077,547
1383568
3,461,115|~
a*
u
s*| ||Other Direct Costs
Medical, domkgiary
8 nursing
Merchandising
and event costs
Prise monies 8cogactlon f es|149,443
149,443|||1,151
1,151||84 441|102387
102387|149,443
85,592
102387
337,422|Z34,722
86,829
123223
444,T!4|r» e
~I m
osm| ||premises coso
Reno and Rates
utgity Cmts
Maintanancelt
Ren
wale
Other|||44,799
120,981
20 506
186,286|288,252
69,711
64,750
29 230
451,943||||288,252
114,510
185,731
49 736
638,229|346931
126,47Z
139,438
87 649
700,490|u
~
0
~
u
~| ||Depreffatlon
Costs
Depra
latlon
Ammtlsanon
ofGovemm
nt Grant|||139,366
25 000
114,366|10,912
10,912|||5,317
5,317|155,595
25 000
130,595|149,053
25 00D
124,053|u| ||Ofhcr Overheads
Adv
rtlslng 8 Prmnotion
Travel 8vehicle
Educati
n
Misc|||11,574
13,641
3,374
296581
325,170|3,815
22,450
26,265||2,422
2,422|1,188
32706
33,894|15,389
39,701
3,374
329287
387,751|24,573
EO,EBS
15,622
377975
478,835|um
umr.
u
~
0
~| ## ## ## |Tangible
Fixed Assets - Group|||||||| |---|---|---|---|---|---|---|---| |||||Hospice|||| |||Freehold||Furniture|||| |||Land and|Motor|Fixtures &|Shop|Holyhead|Lottery| ||Total
E|Buildings
E|Vehicles
E|Equipment
f|Fixtures
E|Project
E|Equipment
E| |Cost:
At 1January 2020
Additions|4,167,668
627,995|2,942,307
0|100,888
38,872|785,862
116,939|224,608
3,177|86,012
469,008|27,991
0| |Disposals
At 31December 2020|4,768,400|2,942,307|112,497|0
902,801|0
227,785|0
555,020|0
27,991| |Depreciation:
At 1January
2020
Charge for period|1,785,482
155,988|874,104
73,438|66,152
11,738|656,679
39,891|176,426
10,911|3,262
14,692|8,859
5,318| |Eliminated
on disposal|||||||| |At 31December 2020|1,914,207|947,542|50,627|696,570|187,337|17,954|14,177| |Net Book Value:|||||||| |At 31December 2020|2,854,193|1,994,765|61,870|206,231|40,448|537,066|13,814| |At 31December 2019|2,382,186|2,068,203|34,736|129,183|48,182|82,750|19,132| |Tangible
Fixed Assets - Charit|y|||||| |---|---|---|---|---|---|---| |||||Hospice||| |||Freehold||Furniture||| |||Land and|Motor|Fixtures &|Shop|Holyhead| ||Total
f|Buildings
f|Vehicles
E|Equipment
E|Fixtures
E|Project
f| |Cost:||||||| |At 1January 2020
Additions|4,139,677
627,995|2,942,307
0|100,888
38,872|785,862
116,939|224,608
3,177|86,012
469,008| |Disposals
At 31December 2020|4,740,409|2,942,307|(27,263
112,497|902,801|227,785|555,020| |Depreciation:
At 1January 2020
Charge for period|1,776,623
150,670|874,104
73,438|66,152
11,738|656,679
39,891|176,426
10,911|3,262
14,692| |Eliminated
on disposal
At 31December 2020|(27,263)
1,900,030|947,542|(27,263)
50,627|696,570|187,337|17,954| |Net BookValue:||||||| |At 31December 2020|2,840,379|1,994,765|61,870|206,231|40,448|537,066| |At 31December 2019|2,363,054|2,068,203|34,736|129,183|48,182|82,750| ## ## ## ## |FixedAssetIn|vestments|-Group and charity||| |---|---|---|---|---| ||||2020|2019| ||||E|E| |Market Value
Additions|as at 1January 2020||2,487,973
600000|2,236,655
218818| |Withdrawals|||(400,000)|(200,000)| |Net unreagsed|Investment|gains /(losses)||| |Market Value|as at 31 December 2020|||| |Cost of Investments
as at||31December 2020||| |||||2020|2020|2019|2019| |---|---|---|---|---|---|---|---| |||||UK
E|Overseas
E|UK
E|Overseas
f| |Investments
Investments
Cash|are represented
by;
listed on recognised||stock exchanges|883,455
447,982|1,559,094|924,110
426,940|1,136,927| |The charity|holds more|than 20SSoft|he share capital ofthe foRowing|he share capital ofthe foRowing|companies.|| |---|---|---|---|---|---|---| |Company|||Country ofregistration||or Incorporation|Shares held| |||||||Class| |Subsidiary
St David's|undertakings
Promotlons|Umited|England|and|Wales|Ordinary| ## ## |Debtors|||||| |---|---|---|---|---|---| |||Group|Charity|Group|Charity| |||2020|2020|2019|2019| |||E|E|f|E| |Amounts
faging due within
one year:
St David's Promotions
Umlted
The National
Assembly/
NHS Trust
Legacy Debtors
Other Debtors
Prepayments||13,593
601,240
155,163
~91000|50,272
13,593
601,240
155,139
88,245
908,489|20,866
968,065
60,424
67 245
1,116,600|54,506
20,866
968,065
56,642
67 245
1,167,324| ## |Creditors: amounts|falling due within||||| |---|---|---|---|---|---| |one year||Group
2020|Charity
2020|Group
2019|Charity
2019| |||f|f||E| |Trade Creditors
Other Creditors
laxation
and social
Deferred
Income
Accruals|security costs|609,757
20,484
27,682
96,125
92,170
846,218|607,568
16,985
25,659
92,170
742,382|278,449
29,543
101,764
87,508
37,876
535,140|254,781
16,426
99,795
37,876
408,878| ## ## ## ## |Welsh Government
Grant|||||| |---|---|---|---|---|---| |||Group|Charity|Group|Charity| |||2020|2020|2019|2019| |||E|E|E|E| |Received and receivable:|||||| |At 1January 2020||250,000|250,000|250,000|250,000| |Receivable during year
At 31December 2020||250,000|250,000|250 000|250,000| |Amortlsatlon:|||||| |At 1January 2020
Credit to statement
offinancial
At 31December 2020|activities|175,000
25,000
200,000|175,000
25,000
200,000|150,000
25,000
175,000|150,000
25,000
175000| |Net balance at 31December 2020||50,000|50,000|75,000|75 000| ## |Statement o|f Funds|||||||| |---|---|---|---|---|---|---|---|---| |||At 1January|||Investment||At|31December| |||2020|Income|Expenditure|gains/losses|Transfers||2020| |||E|f|E||E||E| |Unrestricted|Funds|||||||| |General fund||||||||| |Charity
Subsidiary
Group general fund||5,915,308
5,044
5,920,352|4,524,734
638,431
5,163,165|(4,600,345)
260,021
4860366|202 558
202,558|378,410
(378,410)||6,425,709
6,420,665
5,044| ||||At 1January|||Investment||At|31December| |---|---|---|---|---|---|---|---|---|---| ||||2020|Income|Expenditure|gains/losses|Transfers||2020| |Restricted|Funds||||||||| |Charity|||41,346|200,127|(158,520)||||82,953| |Subsidiary
Group restricted||fund|41,346|200,127|158,520)||||82,953| |Analysis of Net Assets between
Funds||||| |---|---|---|---|---| |||Unrestricted|Restricted|| |||Funds|Funds|Total| |||f|f|E| |Fund balances at 31 December 2020 are represented
Tangible
fixed assets
investments|by:|2,771,240
2,890,531|82,953|2,854,193
2,890,531| |Net current assets||763,940
6,425,711|82,953|763,940
6,508,664| ## ## ## ## ## ## ## |At 31December 2020, the company
had|annual
commitments|under non-canc|ellable
operating|leases a| |---|---|---|---|---| ||Land and|Buildings|Other|| ||2020|2019|2020|2019| ||E|6|f|E| |Expiry Date:||||| |Within one Year|181,588|241,373|38,560|27,382| |Between one and five years|249,431|393,453|54,377|58,236| |More than five years|51,700|107,117||| ## ## ## ## ## ## |Cashgenerated
from operations||||| |---|---|---|---|---| |
|||Total|Total| ||||2020|2019| ||||f|f| |Net Income for the year|||344,406|(171,915)| |Elimination
of non-operating
cashflows:
Investment
income
Depreciation
oftangible
fixed assets
Amortisation
credited to Statement of Financial||Activities|(189)
155,989
(25,000)|(205)
149,053
(25,000)| |OperatIng
cashflows before movements|in workIng capital||475,206|(48,067)| |(Increase) / Decrease in Stock
(Increase) / Decrease in Debtors
Increase / (Decrease) ln Creditors
Net investment
(gains)/losses|||2
255,604
311,078
(202,560)|(10,968)
283,351
150,177
(232,500)| |Cash generated
from operations|||839,330|141,993|