2021-12-31-accounts

Contents			Page
Chairman's Review			1-2
Trustees Annual Report
Reference 5Administrative	Details
Structure, Governance g.	Management		4-5
Objectives S.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

were as foll	ows;—
Dr L Miles		Chair of	Trustees	Dr S McVicar
Ms J Leslie		Honorary	Treasurer	Mr A Thomas
Mrs A Hughes		Vice Chairman		Mr D Williams
Mr R Drinkwater				Mrs 5 Edwards
Mr RThomas				Mrs P Brooke (Resigned January 2021)
Ms EJones				Mr D Hardy
Dr H Edwards				IVlrs J Humphreys (Resigned	September			2021)
Chief Executive				Mr1 Pritchard
Company Secretary				Ms J Leslle
Registered	Offic			Abbey Road
				Llandudno
				Conwy LL30 2EN
Registered	Company	Number		2922828
Registered	Charity Number			1038543
Registered	Auditors			Pritchett & Co Business			Advisers		Limited
				Chartered Accountants			&Statutory			Auditor
				16Wynnstay Road
				Colwyn Bay LL29	8NB
Bankers				Lloyds TSB
				22 Mostyn Street
				Llandudno, LL30	2RLJ
Investment	Managers			Dragon Investment		Managers		Ltd
				92 Bowen Court
				The Business Centre
				The Business Quarter
				St Asaph LL17 OJE
				Investec Wealth	&.Investment				Ltd
				The Plaza
				100Old Hall Street
				Liverpool
				L3 9AB
Solicitors				Bone & Payne
				55 Madoc Street
				Llandudno, LL30	2TW

Dr L Miles - Chair ofTrustees	Dr S McVicar
Ms J Leslle - Honorary Treasurer	Mr A Thomas
Mrs A Hughes - Vice Chairman	Mr D Vyilhams
Mr R Drinkwater	Mrs S Edwards
Mr RThomas	Mrs P Brooke (Resigned January 2021)
Ms EJones	Mr D Hardy
Dr H Edwards	Mrs J Humphreys	(Resigned September 2021)

			Onrestricted	Restricted	Total	Total
		Notes	Funds	Funds	2021	2020
			f	f	f	f
Income:
Donations, grants and legacies Charitable activites			2,154,873 1,921,778	605,326	2,760,199 1,921,778	1,765,034 1,506,890
Other trading activites Investment income			710,858 24		710,858 24	638,353 189
Other income			1,860,694		1,860,694	1,452,826
Total Income			6,648,227	605,326	7,253,553	5,363,292
Expenditure: Costs of raising funds Charitable activities			1,770,387 3,635,303	503,458 7,294	2,273,845 3,642,597	2,119,417 2,899,469
Total expenditure			5,405,690	510,752	5,916,442	5,018,886
Net Gains / (Losses)	on investments	10	318,445		318,445	202,560
Net Income/(Expenditure)			1,560,982	94,574	1,655,556	546,966
Transfers between	funds
Net movement In funds for the year		6b	1,560,982	94,574	1,655,556	546,966
Reconciliation offunds:
Total funds brought	forward		6,425,711	82,953	6,508,664	5,961,698
Tota( funds carried	forward		7,986,693	177,527	8,164,220	6,508,664

			As at 31Dec	ember 2021
				Group	Charity	Group	Charity
			Notes	2021	2021	2020	2020
				f	f	f	f
Fixed Assets
Tangible assets Investments			9 10	2,850,546 3,608,973	2,840,730 3,608,977	2,854,193 2,890,531	2,840,379 2,890,535
				6,459,519	6,449,707	5,744,724	5,730,913
Current Assets
Stock				41,794	40,741	20,697	19,465
Debtors Cash at Bank and in	hand			1,620,021 1,000,485	1,791,851 730,714	860,996 778,465	908,489 637,133
				2,662,300	2,563,306	1,660,158	1,565,087
Creditors: Amounts within one year	falling	due	12	(932,599)	828,836)	(846,218)	(742,382)
Net Current Assets				1,729,701	1,734,470	813,940	822,705
Total Assets Less Current		Liabilities		8,189,220	8,184,177	6,558,664	6,553,618
Welsh Government	Grant		13	(25,000)	(25,000)	(50,000)	(50,000)
				8~164p220	8~159177	6~508/664	6(503(618
Funds:
Unrestricted Funds
General Restricted Funds			14 14	7,986,693 177,527	7,981,648 177,527	6,425,711 82,953	6,420,665 82,953
TotalFunds				8,164,220	8,159,177	6,508,664	6,503,618

			Notes	2021	2020
				f	f
Cash from	operating activities		20	477,433	839,330
Cash used	in investing activities Net Investment gains/(losses)			318,445	202,560
	Investment withdrawals/(additions)			(400,000)	(200,000)
	Interest income			24	189
	Purchase offixed asset investments				0
	Purchase oftangible fixed assets			(173,882)	(627,995)
Cash used	Disposal oftangible fixed assets ln Investing activities			(255,413)	(625,246)
Cash used	In financing activities
Increase (decrease) in cash and cash equivalents			in the year	222,020	214,084
Cash and	cash equivalents at the beginning	ofthe year		778,465	564,381
Cash and	cash equivalents at the end ofthe	year		1,000,485	778,465

			2021	2020
			f	E
Donations Grants	and	gifts	590,498 325,131	584,249 316,139
Legacies			1,844,570	864,646
			2,760199	1,765,034

Income fro	m	charitable actlvltes
			2021	2020
			E	E
Fundraislng income Merchandising Income			467,604 1,454,174	493,113 1,013,777
			1,921,T/8	1,506,890

to raise funds for the benefit ofthe H	to raise funds for the benefit ofthe H	to raise funds for the benefit ofthe H	ospice.
Profit & Loss Account for Subsidiary			Company	2021 E	2020 f
Turnover				684,160	598,131
Cost of Sales				111,887)	102,387
Gross Profit				572,273	495,744
Admin Expenses				(165,126)	(157,634)
Operating Profit				407,147	338,110
Other operating Income Other interest receivable		and similar	income	26,698 10	40,222 78
Profit on ordinary	activities before taxation			433,855	378,410
Amount donated	to Haspice			(433,855)	(378,410)
Retained profit brought		forward		5,044	5,044
Retained profit carried		forward		5,044	5 044
Represented by Assets				283,714	159,376
Uabilities				278,666	154,328)
				5,048	5,048
Funds. '
Share Capital Reserves				4 5,044	4 5,044
				5,048	5,048

5	Investment and Other Income	Investment and Other Income
							2021	2020
							f	f
	Investment Income						24	189
							24	189
6	Other Income
							2021	2020
							f	f
	LH8 Contract						133,140	133,140
	National Assembly/Local	Health	Board				532,356	372,859
	Coronavirus Job Retention Scheme						207,622	355,647
	Coronavirus Hospice UK/Welsh		Government			support	987,576	591,180
							1,860,694	1,452,826
6a	Net (Outgoing) / Incoming Resources
							2021	2020
							f	f
	These are stated after charging/(crediting).
	Auditors' Remuneration	for Audit Services					6,750	6,750
	Auditors' Remuneration	for Non-Audit			Services		22,371	11,000
	Amortisation of Government Grant						(25,000)	(25,000)
	Depreciation. Hospice Building Depreciation: Equipment, fixtures Depreciation. Lottery equipment Depreciation; Holyhead project			gr vehicles			73,438 80,303 4,565 19,224	73,438 62,540 5,318 14,692
	Operating lease rentals'. Rent						257,728	293,954
	Other						34,780	34,277

Forthe year ended 31De	cember 2021
Staff Costs	2021	2020
	E	E
Wages &Salaries Socla I Security Costs Pension Costs (See Note 7c) Other Costs	3,695,949 292,78D 198,378 30,498 4,217,605	3,069,048 237,032 158,246 22,639 3,486,965

	Total redundancy/termination		payments	payments	amounted	to E2990(2020; Enll)	to E2990(2020; Enll)
	The following number ofemployees			received emoluments			ofover E60,000: 2021		2020
	E60,000 - E69,999							2
	E70,000 - E79,999
	E80,000 - E89,999
	690,00D - E99,999
	Pension scheme for employees		earning		over E60,000:			2021	2020
	Money purchase scheme
	NHS Superannuation scheme
	Pension costs for employees	earning		over 660,000r				2021	2020
								E	E
	Money purchase scheme NHS Superannuation scheme							6,123 18,800 24 923	4,796 12,279 17,075
7b	The average number ofWTE Medical, Nursing, Professional Administration		employees, analysed &Technical			by function was:		2021 55.5 14.0	2020 47.5 13,0
	Merchandising Br Fundralsing Support staff Lottery staff							63.0 16.0 5.0	SB.D 12.6 7.2
	Employed by the Company							153.5	138.3

7c	Pension schemes
	Nature ofscheme			Cost		Outstanding contributions at theyearend
				2021	2020	2021		2020
				E	E	E		E
	Money purchase scheme NHS Superannuation scheme			66,100 198,378	70,405 158,246	12,457 20,964 33,421		14,383 14,383
7d	Aggregate employee		benefits of;			2021		2020
						E		E
	t	e	sonnel			509866		463,380

			Notes on	Consolidated	Consolidated	Flnandal Statements	Flnandal Statements	Flnandal Statements	Flnandal Statements
			For the year ended			31	December	Zdzl
8	Expenditure		~SU costs Cftmftabl ~ allo ted to ~ctlvltie c~hacti s		~MU	a		~Falsin			2021 2 tai	2020 mal	~u Bhasdm
			E				6		E		6	E
	slrdf cosfs M dlcal, Nursinlb PgT, SuPPmt AdmlnP r rmnel		2,352,470 2,352,47O	386301 386,301		1114466 1,114,466			323045 323,045	104033 104,033	2,352,470 1,927 845 4,280,315	1,835,387 1M9502 3,524,889	umr 0
	Other Direct Costs M dlcal, domlcgiary 8 nursing Merchandising and event sts Prise nmnies & Becllon fees		144,459 .44,459				1,556 1,556		102,402 102,402	111887 111,887	144,459 103,958 111887 360,304	149,443 85,592 102387 337,422	ol t»
	Prerrrlses Costs Rents and Rates Utgity Costs Maintenanc &Renerrals Other			54,479 160,957 29973 24S,409			264,265 41,559 53,913 48 380 408,117				264,265 96,038 214,870 78353 653,526	288 ZSZ 114,510 185,731 49 736 638,229	u ar 0 s Ir 4 U s
	Oeprerlotlon Costs Oepreciati n Amortls tlon ofGovernmmtorant			163,934 25 000 138,934			9,030 9,030			4,565 4,565	177,529 25 000 152,529	155,595 25 000 130,595	u	~
	ONer Overheads Advertising & Pr m tlon Travel 8 vehlcl Edu ation Misc			30,931 16,245 8+76 319272 375,024			3,607 24,903 5766 33,678		4,539 4,539	242 56 285 56,527	34,180 45,687 8,576 382325 469,768	15389 39,701 3,374 329 287 387,751	U s 0 6 U»s U ~
										277 012	5 916442	5018886

Tangible Fixed Assets - Group
				Hospice
		Freehold		Furniture
		Land and	Motor	Fixtures &	Shop	Holyhead	Lottery
	Total E	Buildings E	Vehicles f	Equipment f	Fixtures E	Project f	Equipment f
Cost: At 1January 2021 Additions Disposals At 31December 2021	4,768,401 173,884 0 4,942,284	2,942,307 0 0 2,942,307	112,497 0 112,497	902,801 144,254 0 1,047,055	227,785 0 0 227,785	555,020 29,062 0 584,082	27,991 568 0 28,559
Depreciation: At 1lanuary 2021 Charge for period	1,914,207 177,531	947,542 73,438	50,627 13,813	696,570 57,460	187,337 9,030	17,954 19,225	14,177 4,565
Eliminated on disposal	0
At 31December 2021
Net Book Value'.
At 31December 2021	2,850,546	1,921,327	48,057	293,025	31,418	546,903	9,817
At 31December 2020	2,854,194	1,994,765	61,870	206,231	40,448	537,066	13,814
Tangible Fixed Assets - Charity
				Hospice
		Freehold		Furniture
		Land and	Motor	Fixtures &	Shop	Holyhead
	Total f	Buildings E	Vehicles f	Equipment f	Fixtures f	Project E
Cost; At 1January 2021 Additions	4,740,410 173,316	2,942,307 0	112,497 0	902,801 144,254	227,785 0	555,020 29,062
Disposals At 31December 2021	0 4,913,726	2,942,307	112,497	1,047,055	227,785	584,082
Depreciation: At 1January 2021 Charge for period	1,900,030 172,966	947,542 73,438	50,627 13,813	696,570 57,460	187,337 9,030	17,954 19,225
Eliminated on disposal At 31December 2021	2,072,996	1,020,980	64,440	754,030	196,367	37,179
Net Book Value: At 31December 2021	2,840,730	1,921,327	48,057	293,025	31,418	546,903
At 31December 2020	2,840,380	1,994,765	61,870	206,231	40,448	537,066

Fixed Asset In	vestments -	Group and charity
			2021	2020
			E	6
Market Value	as at 1January 2021		2,890,533	2,487,973
Additions			700,000	600,000
Withdrawals			(300,000)	(400,000)
Net unreagsed	investment	gains / (losses)	318,445	202,560
Market Value	as at 31December 2021		3,608,977	2,890,533

				2021	2021	2020	2020
				UK	Overseas	UK	Overseas
				E	E	E	E.
investments	are represented	by;
Investments	listed on recognised		stock exchanges	1,189,892	1,721,751	883,455	1,559,094
Cash				697,295		447,982
					3,608,938

Company				Country ofregistration or Incorporation	Country ofregistration or Incorporation	Country ofregistration or Incorporation	Shares	held
							Class
Subsidiary undertakings
St David's Promotions	Limited				England and Wales		Ordinary
The principal activity of		St David's	Promotions	Limited for the last relevant		financial period was that of		the
running ofa lottery to	raise funds		for the benefit		ofthe Hospice,
Debtors
					Group	Charity	Group	Charity
					2021	2021	2020	2020
					E	6	E	E
Amounts falling due within one year:
St David's Promotions	Umited					174,9D3		50,272
The National Assembly/		Local Heath Board			113,391	113,391	13,593	13,593
Legacy Debtors Other Debtors					1,165,068 241,066	1,165,068 241,066	601,240 155,163	601,240 155,139
Prepayments					100,496	97,423	91,000	88,245
					1,620,021	1,791,851	860,996	908,489

Creditors:	amounts	falling due within
one year			Group 2021	Charity 2021	Group 2020	Charity 2020
			E	E	E	E
Trade Creditors			575,103	558,606	609,757	607,568
Other Creditors			23,328	22,701	20,484	16,985
Taxation	and social	security costs	115,533	112,948	27,682	25,659
Deferred	Income		84,054		96,125
Accruals			134,581	134,581	92,170	92,170
			932,599	828,836	846,218	742,382

Welsh Government Grant
	Group 2021	Charity 2021	Group 2020	Charity 2020
	E	E	E	E
Received and receivable: At 1January 2021	250,000	250,000	250,000	250,000
Receivable during year At 31December 2021	250,000	250,000	250,000	250 000
Amortisatlon:
At 1January 2021 Credit to statement offinancial activities At 31December 2021	200,000 25,000 225,000	200,000 25,000 225,000	175,000 25,000 200,000	175,000 25,000 200,000
Net balance at 31 December 2021	25,000	25,000	50,000	50,000

				At 1January			Investment		At 31December	At 31December
				2021	Income	Expenditure	gains/losses	Transfers		2021
				E	E	E		E		E
Unrestricted	Funds
General fund Charity Subsidiary Group general		fund		6,420,667 5,044 6,425,711	5,937,359 710,868 6,648,227	5,405,690) (5,128,678) 277,012)	318,445 318,445	433,855 433,855		7,986,693 7,981,648 5,045
				At 1January			Investment		At	31December
				2021	Income	Expenditure	gains/losses	Transfers		2021
Restricted Charity	Funds			82,953	605,326	(510,752)				177,527
Subsidiary Group restricted			fund	82,953	605,326	510,752				177,527

Analysis of Net Assets between Funds
		Unrestricted	Restricted
		Funds	Funds	Total
		E	E	E
Fund balances at 31 December 2021are represented Tangible fixed assets Investments Net current assets	by;	2,774,887 3,608,973 1,559,097 7,942,957	75,659 145,604 221,263	2,850,546 3,608,973 1,704,701 8,164,220

2021	2020
E	E

At 31December 2021,the company had	annual commitments	under non-canc	ellabie operating	leases
	Land and	Buildings	Other
	2021	2020	2021	2020
	f	E	6	E
Expiry Date:
Within one Year	239,125	181,588	30,280	38,560
Between one and five years	366,701	249,431	17,403	54,377
More than five years	71,650	51,700

Cash genera	ted from	operatio	ns
							Tota I	Total
							2021	2020
							f	f
Net income	for the year						1,337,111	344,406
Elimination	of non-operating		cashflows:
Investment	income						(24)	(189)
Depreciation	oftangible fixed		assets				177,532	155,989
Amortisation	credited	to Statement		of FinancialActivities			(25,000)	(25,000)
Operating cashfiowa		before movements			in working	capital	1,489,619	475,206
(Increase) /	Decrease	in Stock					(21,097)	2
(Increase) /	Decrease	in Debtors					(759,025)	255,604
Increase/(Decrease)		in Creditors					86,381	311,078
Net Investment (gains)/losses							(318,445)	(202,560)
Cash generated from		operations					477,433	839,330