2025-03-31-accounts

Registered number: 02979587 Charity number: 1044816 BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

BurrERWICK LIMITED (A company limited by guarantee) CONTENTS Page Reference and administrative details of the charity. its Trustees and advisers Trustees. report 2-20 Independent auditors. report on the financial statements Consolidated statement of financial activities 21-24 25-26 Consolidated balance sheet 27-28 Charity balance sheet Consolidated statement of cash flows 29-30 31 Notes to the financial statements 32-56

BurrERWICK LIMITED (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Prof M Bramble B Carr (resigned 25 November 2025) Dr B P Corbett D Crewe Y V Evans S R Grant C J Holder (appointed 24 March 2025) K L W Holder (appointed 24 March 2025) J Tough (appointed 5 February 2025) Company registered number 02979587 Charity registered number 1044816 Registered office Butterwick Hospice, Middlefield Road, Stockton On Tees. Cleveland, TS19 8XN Company secretary S R Grant Chief executive officer E Gorringe Independent auditors Waltons Business Advisers Limited, Maritime House, Hart)our Walk, The Marina, Hartlepool, TS24 OUX Bankers Barclays Bank plc, 49 High Street, Stockton on Tees, TS18 1AH Solicitors Knights PLC, Lakeside House, Kingfisher Way, Stockton on Tees, TS18 3NB Page 1

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the audited financial statements of the charity and group for the year 1 April 2024 to 31 March 2025. The annual report Se￿eS 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 requirements of the charitable company's governing document and the provisions of the 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) {effective 1 January 2019). Since the group and the charity qualify as small under section 383 of the Companies Act 2006, the group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. FOUNDER The charity was founded by Mrs Mary ButteTwick OBE who sadly died. aged 91, on 30th September 2015. Mrs ButteNick's initial vision. personal self-sacrifice and tenacity. coupled with her close interest in the work of the Hospice which continued until her death. ensures her considerable legacy, in the charity which bears her family name, for the benefit of the community which we freely serve. STRUCTURE, GOVERNANCE AND MANAGEMENT • Governing document ButteNick Limited is a charitable company limited by guarantee (incorporated October 1994} and as such is governed by a Memorandum and Articles of Association. It was registered by the Charity Commission on 7th March 1995, registration number 1044816. • Methods of appointment or election of Trustees The Trustees are drawn from a variety of disciplines with the aim of ensuring that the company has strong and informed leadership. During 2024-2025 six Trustees seNed throughout the year, one existing trustee resigned and three new trustees were appointed during the year. All trustees in office at the AGM stepped down and were re-appointed. In order to increase overall Trustee numbers and target specific expertise the organisation is in the process of recruiting additional Trustees. When a vacancy occurs, the Chairman undertakes a skills audit to aS￿rtain what particular expertise and background is desirable and the post is advertised through the normal recruitment channels to identify suitable candidates who are then intetviewed and appointed, once due diligence checks have been carried out. We maintain a split of trustees with clinical and medical experience and business experience to ensure all aspects of the business are appropriately scrutinised. Trustees are given a general induction on joining the Board. and regular refresher training to maintain statutory and mandatory requirements. The Trustees receive formal papers and reports. They are kept abreast of news and developments within the wider charity and hospice world by the receipt of regular briefings and the circulation of relevant Charity Commission and other publications. Trustees are also given the opportunity of attending appropriate local and national seminars and COnferen￿S. The Trustees continue to review the company's governan￿ arrangements, including the term of office of trustees, and to consider models of best practice. Page 2

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT {continued) The Trustees have agreed to comply with the Charity Govemance Code. • Organisational structure and decision-making policies The charity operates using the name Buttewick Hospice incorporating ButteNick Hospice, Stockton on Tees., ButteNick Hospice at Bishop Auckland and Butterwick House Children's Hospice. The charity is organised so that the Trustees meet quarterly to manage its affairs., the Trustees receive quarterly written reports from the Chief Executive and the Senior Leadership Team, which incorporate management accounts and reports on the charity's acts'vities and progress in meeting pre-identified objectives. There are sub-committees. chaired by Trustees which meet quarterly" the Business Committee, and the Quality, Safety and Risk Committee. The minutes of both committee meetings are circulated to all Trustees for consideration at their quarterly meets'ngs. The Business Committee has general oversight of non-clinical matters including Finance, Business Development, Retail, Human ReSoUr￿s, Voluntary se￿iceS, Health and Safety, Risk Management, Estates and Facilities. It is chaired by a Trustee, a Chartered Accountant, and typically a further trustees are members. It is attended by the Chief Executive and People Director. members of the charity's non<linical Senior Leadership team. A key role of the committee is to scrutinise the charity's budgets and recommend the same for approval by the Board. Secondly, the committee reviews the charity's detailed quarterly management accounts showing actual income and expenditure compared to budget. along with future projections. The Quality, Safety and Risk Committee. which also acts as the Clinical Govemance Committee, has general oversight of all matters of a clinical nature including patient related health, safety and risk management, quality, audit and the development. delivery and monitoring of patient seNices. It is chaired by a clinically qualified Trustee, attended typically by four additional Trustees with clinical expertise, the Chief Executive, and the Director of Care. This meeting is also attended by the clinical leads of both adult and children's Se￿ices. • Changes during the year Hospice Services During 2024-2025 we continued to deliver a range of services across our two sites, with steady growth across our Day SeNices, and highly valued support being provided to children and their families by ButteNick House, our Children's Inpatient Unit {CIPU). Our Family Support servi￿ continued to work at full capacity, and our Home Care Service saw increased take up. In 2024-2025 a major focus was placed on achieving the full opening of the Adult Inpatient Unit {AIPU) and the removal of the remaining conditions on patient numbers and complexity. Following an unannounced inspection in May 2024 the CQC issued a revised rating for the AIPU of Good across all domains, with an overall rating of Good. In July 2024 they also removed the final remaining conditions on patient numbers and complexity from both the AIPU and CIPU. This allowed us to increase patient numbers in AIPU to four from July 2024, and eight from November 2024,. and to six children and young people in CIPU. The continued collaboration with North Tees and Hartlepool NHS FT. highlighted in our previous reports, was instrumental in allowing us to achieve this major goal. We are proud of this partnership working, and the seamless pathway of care for those requiring ongoing palliative and l or end of life care we have created. Fully reopening the AIPU is the culmination of a number of years of hard work and credit must be given to the many colleagues, both in ButteNick and the Trust. for the support and expertise that has made this possible. Page 3

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT {continued) Our next priority is to ensure that as many as possible have the opportunity to benefit from hospice care and we are actively engaging with our NHS Integrated Care Board. Local Medical Committees and GP Practices to promote our services and attract referrals. Retail The new shops opened at the beginning of 2024 steadily increased turnover during the year and are now established and profitable elements of our portfolio. The remainder of our shops are also trading profitably, although further growth is held back by difficulty in attracting volunteer shop staff. Sales of gift-aided stock continue to increase, along with the sale of lottery tickets through our shops, both of these activities are facilitated by our Electronic Point of Sale system. In order to increase the overall profitability within Retail a review of central support costs was undertaken. this resulted in the removal of ￿0 posts in October 2025. Butterwick Lotteries Limited and North East Hospices Lottery {NEHL) The day-to4ay management of the Butter*vick lottery continues to be provided by StaNale Lotteries, a company with over 25 years, experien￿ of the management. administrats.on and development of lotteries. Following a joint decision by all four member hOSpi￿S. North East Hospice Lotteries (NEHL) ceased operations during the previous year with the last draw taking pla￿ on 2913124. Following closure of the company the residual assets were distributed equally bel￿een the member hospices.. players having been encouraged to join the lottery of their local hospi￿. • Pay policy for key management personnel The charity is heavily dependent upon the skills. dedication and commitment of all its staff, including the senior staff team, who provide day to day direction, leadership and management to what is a substantial and complex organisation. The Trustees recognise the ne￿SSIty of setting remuneration levels which enable the retention and, when necessary. the recruitment of suitably qualified staff taking into account, where applicable, local comparable posts. A remuneration group has been established to review salaries and benefits and ensure equity of pay and conditions for every member of staff. When any post becomes vacant it is scrutinised to ensure its effectiveness and suitability in the organisation, salaries are reviewed and benchmarked in advance of any post being advertised. Salaries of senior staff are agreed by the Trustees following a benchmarking exercise. Page 4

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT {continued) • Relationships with other charities and organisations Within its charitable objectives and resources. the charity seeks to play a leading role within the local healthcare and voluntary sectors in the geographical and specialist areas in which it operates. Over the last year, Butte￿iCk Hospice has developed a good relationship with several other charities and organisations, and has contributed to sharing of good practice. The charity in particular works closely and productively with the local NHS Integrated Care Board, the local NHS Foundation Trusts, with neighbouring hoSpi￿S and other local charities. The charity is also a member of Hospices North East and North Cumbria (HNENC) a collaborative of the I￿e1ve independent hospices in the north east of England. Within the Tees Valley regular meetings take place beiween the Chairs and Chief Executives of the Tees Valley Hospices, Butterwick. St Teresa's, Alice House and Teesside. NT&H NHS FT continues to be a key partner, supporting the development of the AIPU and providing clinical staff and support services through a Service Level Agreement. The charity continues to look for opportunities where we can work with local Universities and other education institutions in providing training. education and pla￿ment opportunities at both undergraduate and post graduate level to healthcare professionals. Nationally, the charity works with Hospice UK. which is a national membership charity working on behalf of the hospice movement, and Together for Short Lives which is a membership charity working on behalf of children's hospices. • Risk management The charity routinely reviews its risk register and has aligned it with the best practice guidance produced by the Charity Commission. The charity has policies. procedures, systems and controls in pla￿ to mitigate operational risks. Five key areas of risk have been identified which are subject to rigorous risk assessment and management" Governance including systems and processes Operational covering clinical and non-clinical Financial.. including income generation, budgetary control. cashflow and insurance Regulation and Compliance relating to CQC, Health and Safety and legal requirements External including national pay bodies and IT operating systems The Business Continuity Plan has been reviewed and updated. There are on call rotas in place that ensure that clinical and non-clinical staff are supported out of normal office hours. A risk awareness culture is embedded within the day to day working methods and thinking of the charity's staff and volunteers and this is reflected in the role of the Quality and Compliance Manager who oversees all elements of risk management in collaborats'on with the Quality and Governance lead. Page 5

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES • Policies and objectives The aims and objectives of the charity as set out in the Memorandum of Association las amended in January 1995) are= Provision of palliative care and ser41￿S for patients suffering from life threatening and limiting illness. The operation of facilities to provide palliative ServI￿S for residential. day care and community. The advancement of education and training for all those Con￿rned with the provision of palliative care, and for the general public. The Trustees have considered the Charity Commission's guidan￿ on public benefit when reviewing the company's aims and objectives and in planning future activities. In meeting its charitable objectives.. ButteNick Hospice {BH) endeavours to freely provide an eX￿llen￿ in evidence-based specialist and holistic palliative care for all patients regardless of age or diagnosis,. to be a ￿ntre of expertise and a specialist resource within the community as a whole. However. BH recognises that we need to approach and progress servi improvements with a sense of urgency. The care is provided by a skilled multidisciplinary team and is supported by a wider organisation of administrative, finan￿ and business development staff and a dedicated team of volunteers. In doing this the company operates in three distinct areas.. ButteNick Hospice, Stockton on Tees ButteNick Hospice in Bishop Auckland ButteNick House Children's Hospice. Stockton on Tees In all areas of operation, the charity provides a comprehensive range of ServI￿S to patients and their families including specialist medical and nursing care. complementary and other therapies, bereavement and spiritual support, and counselling. The charity seeks to optimise the use of its facilities and make best use of the resources which it expends. Detailed records of patient related activity are maintained and the Trustees receive regular reports in this respect. The charity continues to work closely with other healthcare providers (both voluntary organisations and the National Health Service) to ensure that its current services and developments align with national and locally identified priorities. • Activities undertaken to achieve objectives Butterwick Hospice, Stockton on Tees This is an eight bedded adult in-patient unit and day Se￿iceS offering physiotherapy, complementary therapies and group work. Page 6

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES (continued) Butterwick Hospice at Bishop Auckland The Hospice in Bishop Auckland serves a mainly dispersed rural community, in doing so the charity has developed, in partnership with statutory and other voluntary bodies. seNices which meet these distinct needs. The Hospice in Bishop Auckland serves the communities of Sedgefield, Wear Valley, Weardale and Teesdale, and as at the Stockton Hospice, provides an appointment-based Day Hospice service in Bishop Auckland. Recognising the distinct healthcare needs of the area, the charity has also facilitated the delivery of specialist neurological seNices focused on patients. in particular those suffering from Multiple Sclerosis, and their carers. The charity also operates a Home Care servi￿ which supports patients, on a 24-hour basis, and their carers in their own homes. The charity is working closely with the Integrated Care Board and other voluntary sector organisations to further address the palliative care needs in the area. Butterwick House Children's Hospice Butterwick House cares for children from birth. teenagers and young adults to a maximum age of ￿enty-five. Based in Stockton-on-Tees. patients ac￿SsIng Butterwick House are drawn from a wide geographical area from North Yorkshire in the South, Teesside, County Durham and Wearside in the North. ButteNick House is a six bedded unit, four beds for children and two beds specifically designed for young adults aged 18 to 25 years, which primarily offers planned specialist respite care. • Staff and volunteers To enable The Charity to achieve its charitable objectives, including the generation of sufficient financial resources to fund its activities, the charity and its trading subsidiaries, as at 31 st March 25, employed 102 staff. The charity additionally had the generous support of some 120 volunteers who assist in every area of the charity's activities. The charity recognises and acknowledges that it is dependent upon staff and volunteers, who have the necessary training and expertise. if it is to meet the needs of the patients which it seNes and their families and carers. To this end the charity invests both in initial induction training and ongoing continuing development for all staff and volunteers. The charity is supported by volunteers in every area of its activities including clinical, support services and income generation. Their contribution to the work of the charity is considerable in financial terms. However, their greatest value is that they represent the community that supports ButteNick Hospice Care and for their dedication we offer our sincere thanks. Volunteer numbers have still not returned to the level enjoyed prior to the pandemic. In many areas of the charity's work, the demands can be both emotionally and physically draining. Staff and volunteers are dedicated and habitually "go the extra mile. as is reflected in the many letters of appreciation which we receive. In supporting and equipping staff and volunteers to meet these demands, the charity provides a range of mechanisms ranging from informal peer support to Clinical Supervision. All members of staff have an annual appraisal and regular one to one meetings which allows the opportunity to discuss work related issues. the needs of the charity and ongoing personal development. Page 7

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES (continued) The charity is proud of the skills. dedication and loyalty of its staff and volunteers and grateful for their contribution to the charity meeting its charitsble and operational objectives. • Main activities undertaken to further the charity's purposes for the public benefit The Trustees believe the charity provides a public benefit by offering palliative care to adults and children who are resident in the areas of Teesside. County Durham Wearside and North Yorkshire, and who are suffering from a life limiting illness. People access our serVi￿S by means of referral by their GP, hospital consultant or clinical nurse specialist. Admission to our seNices is determined only by clinical and psychological need without reference to gender, race or faith. The Hospice's services are free of charge to patients and their families. ACHIEVEMENTS AND PERFORMANCE • Quality The charity's services are registered with. and regulated by. the Care Quality Commission which carries out periodic unannounced Inspections of the three main sites on which care is delivered. These Inspections are in-depth and rigorous. Following inspection. the Care Quality Commission publishes a report which is publicly available and to which there are links on the Hospices, website. The five key domains that hospices are measured against are.. Is the setvice safe Is the seNice effective Is the seNice caring Is the seNice responsive Is the service well led The overall rating of Butterick House is currently Good. The overall rating of Buttetwick Hospice at Stockton is currently Good. The overall rating of Butte￿iCk Hospice at Bishop Auckland remains Unsatisfactory whilst we await a reinspection. The day services at Butterwick Hospice Stockton and Bishop Auckland were de-registered with CQC in August 2024. A new registration for Home Care Services in Bishop Auckland was also granted by CQC in August 2024. Page 8

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) • Summary of Patient Activity During 2024-2025 ButteNick Hospi￿ Care provided 5 key se￿ICeS.. Adult Inpatient Unit (Stockton) (reopened in August 2023). Children's Inpatient Unit (ButteNick House, Stockton) Day Service (Stockton and Bishop Auckland) Palliative Home Care Team (Bishop Auckland) Family Support (Stockton and Bishop Auckland) Adult In- patient unit The Adult Inpatient Unit is an 8-bed unit, 6 of which have ensuite facilities. and 2 rooms have a shared bathroom close by. ButteNick Hospice at Stockton aims to provide specialist palliative and end of life care primarily for adult patients living in the Stockton Borough Council geographical area. and also those people living within the Tees Valley areas. At the beginning of 2024-2025. due to the conditions imposed following the CQC inspections, Butte￿iCk Hospice was only able to admit 2 patients. who were stable, for end-of-life care. The patients also had to be known to the provider or to North Tees and Hartlepool NHS Foundation Trust (NT&H NHS FT) with which ButteNick Hospice had established a good collaborative relationship. Following an unannounced inspection by the Care Quality Commission in May 2024, the Adult Inpatient Unit was rated as good across all domains, and as a result of this all conditions were lifted. This meant that ButteNick Hospice could proactively work towards opening all 8 beds. To ensure that the seNice remained safe. effective. caring, and responsive, a Mobilisation Plan was developed and implemented. This enabled the expansion from 2 non-complex end of life patients to a fully operational 8 bed specialist palliative care unit. From July 2024. 4 beds were open for end of life patients from North Tees Hospital. From October 2024. the admission criteria expanded to include patients who required symptom control, and patients from any setting community or hospital. From November 2024, all 8 beds were open for admissions for patients who required specialist, and often complex, palliative care. AIPU has successfully admitted and supported.. Patients with complex pain that required significant titration of medications. Patients with significant complex wounds. Patients with active seizures- who required 3 or more syringe drivers. Patients with a history of Substan￿ misuse requiring management of methadone in addition to disease related pain management. Patients with complex social dynamics- including a patient of no fixed abode. Patients requiring complex IV therapies. Through a SeNice Level Agreement with NT&H NHS FT, the AIPU is staffed by registered nurses and healthcare assistants seconded from ward 38, on a rolling 3 month rotstion. Clinical Nurse Specialists and consultants provide clinical cover, and there is support from physiotherapy, occupational therapy, and chaplaincy as required. AIPU receives support from other ButteNiick Hospi￿ SeNi￿s. Family Support., physiotherapy., and complementary therapy. Out of hours, the AIPU is supported by the Urgent Care Centre. Community Care Practitioners, and the Palliative Page 9

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) Care Consultant. There is also a Manager and Senior Manager on call for Buttewick Hospice. Staffing is constantly reviewed to ensure that it is safe and meets the needs of the patients. A band 6 1 sister post has recently been recruited to, and the recruitment of an addits-onal health care assistant for the day shift is being progressed. While much of the care provided to patients is by nurses, it is considered that this is a collaborative model of care, as opposed to a nursing or medical model of care. The objectives are- To provide a 24 hour, 7 days a week inpatient servi￿. To provide holistic multidisciplinary care. that meets the physical, emotional. spiritual and social needs of patients and, as relevant. their carers and relatives. To provide nursing care, counselling. advi￿, complementary therapies, and bereavement support to patients, their carers and relatives. In all cases to ensure patients, their carers. and relats-ves are supported by a team of skilled and appropriately trained staff and volunteers. Activities during 2024-2025 were.. 112 admissions 93 admissions for patients requiring end of life care. 19 admissions for symptom management 107 deaths (preferred place of care). 5 discharges {3 patients who had been on the care of the dying person document but recovered and were able to be discharged, and 2 patients who had been admitted for symptom management but who had deteriorated, but then were stabilised successfully and were well enough to be discharged). Average length of stay for end-of-life care was 7.5 days. Average length of stay for symptom management was 21 days. The majority of symptom management patients deteriorated over the course of their stay, and chose to remain in Buttetwick Hospice for end-of-life care. Average bed occupancy was 55° Page 10

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) Palliative Home Care Team The Service is for the provision of social, cultural. and personal care for adults who have a life limiting illness. This is a "sitting service" for people who are nearing the end of life and who wish to be cared for at home. The service is operational 7 days per week. and is provided by Health Care Assistants within the person's own home, and the focus is on providing support for the patient and respite for their familylcarer. Following consultation with CQC, Butterwick Hospi￿ applied for the Home Care service to be deregulated for the treatment of disease, disorder. or injury, or diagnostic and screening procedures, this came into effect in August 2024. The Home Care service remains a CQC regulated se￿1￿ to provide personal care. The objectives are- To provide social and practical support for the patient, and their family. To provide care that will maintain the patient's dignity and support a sense of wellbeing. To provide support for their familylcarers as they are able to sleep. or go out, knowing that the patient is being well looked after. Activities during 2024-2025 were.. 24 patients were supported by the sep4ice in their own home. There were 328 episodes of care. There were 2,952 hours of care provided. Future objectives are- To continue to review and refresh the recovery plan to ensure that all possible is being done to increase the caseload To review all current post code areas to ensure that all permitted areas are covered by the service. To widen referral sources by working with discharge co-ordinators, district nursing teams, and the ICB. Day Care Services Da Service- Stockton.. The Day SeNices are delivered on an appointment basis with complementary therapist, and physiotherapy input as required, services are delivered from appropriately and attractively furnished rooms. According to their needs, people are offered one to one appointments for Complementary Therapy of Physiotherapy, or to participate in a wellbeing group session. The objectives are- To provide a day hospice service three days each week (Monday. Wednesday and Friday}. To provide holistic multidisciplinary care. that meets the physical, emotional, spiritual and social needs of patients and, as relevant. their carers and relatives. To provide physiotherapy, counselling. advice. complementary therapies, and bereavement support to patients, their carers and relatives. In all cases to ensure patients, their carers. and relats-ves are supported by a team of skilled and appropriately trained staff and volunteers. Page11

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) Activities during 2024-2025 were.. 554 patients attended the se￿1￿. There were 1,112 episodes of care. There were 80 physiotherapy treatments provided. There were 468 complementary therapy treatments provided. There were 399 episodes of wellbeing group attendan￿. Da Service- Bisho Auckland: The Day SeNices are delivered on an appointment basis with care, complementary therapist, and physiotherapy input as required Services are delivered from appropriately and attractively furnished rooms, which were significantly refreshed and refurbished through a collaborative project with Trades4Care. According to their needs people are offered one to one appointments for Complementary Therapy or Physiotherapy, or to participate in a wellbeing group session. Following consultation with CQC. ButteThvick Hospice applied for the Day SeNice to be deregulated, this came into effect in August 2024. The objectives are- To provide a day hospice Se￿iCe three days each week (Tuesday, Wednesday, and Thursday). To provide holistic multidisciplinary care. that meets the physical, emotional. spiritual and social needs of patients and, as relevant. their carers and relatives. To provide physiotherapy, counselling. advice. complementary therapies, and bereavement support to patients, their carers and relatives. In all cases to ensure patients, their carers. and relats-ves are supported by a team of skilled and appropriately trained staff and volunteers. Activities during 2024-2025 were.. 524 patients attended the servi￿. There were 1,273 episodes of care. There were 260 physiotherapy treatments provided. There were 261 complementary therapy treatments provided. There were 315 episodes of wellbeing group attendan￿. The future objectives are- Develop and implement a wider variety of wellbeinglenablement groups. Continue to offer group wellbeing sessions in addition to complementary therapy and physiotherapy sessions. Continue with telephone assessment as this will enable patients to be seen based on needs. Priority will be given to patients who are considered to be palliative as opposed to curative. Continue to promote the Day Hospice with key stakeholders- for example.. Macmillan, Join the Dots, Palliative Care NTH. MS Society. Involve the community- for example. volunteers supporting some of the arts and crafts group. Work with other charities with similar goals to provide joined up care. Page 12

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) Family Support Famil Su ort- Stockton.. The service offers counselling and emotional support to our patients, their families and carers, at all stages of their health journey as well as post-bereavement. The service also offers 1-1 counselling to adults in our community who have no connection to the hospice. and have a diagnosis of a life-limiting illness. Bereavement counselling is available for adults and children aged 6+ following the loss of a loved one, due to a life-limiting illness. The service also offers I￿0 adult bereavement groups, one supporting those bereaved less than 10 months, and one supporting those bereaved more than 10 months. The team consists of qualified and experienced counsellors, supported by a group of dedicated family support volunteers. The service also supports the supeNised training practice of student counsellors, enrolled at university, and working towards their qualified status. Appointments take place on a face-to-face basis. with the option for telephone or online counselling if this is more appropriate. The objectives are- To provide a counselling and bereavement support Se￿iCe 5 days each week (Monday- Friday). To provide professional yet compassionate support. to improve emotional wellbeing when living with or bereaved by a life-limiting illness. To provide a confidential space where people feel safe to voice their thoughts and feelings. To provide support at the point it is needed. at any stage of a person's health journey, helping them adjust to living with an illness. and considering the impact of this on their life, both now and in the future. To provide bereavement support to adults and children. following the loss of a loved one from a life- limiting illness. Activities during 2024-2025 were.. 581 clients attended the Servi￿.. 519 were adults and 62 were children. 1152 episodes of support. 1068 1to1 counselling sessions were provided- 836 were adults and 112 were children. 84 episodes of adult bereavement group sessions were attended. Famil Su ort- Bisho Auckland: The service offers counselling and emotional support to our patients, their families and carers, at all stages of their health journey as well as post-bereavement. The service also offers 1-1 counselling to adults in our community who have no connection to the hospice, and have a diagnosis of a life-limiting illness. Bereavement counselling is available for adults and children aged 6+ following the loss of a loved one, due to a life-limiting illness. The service also offers tsvo adult bereavement groups. one supporting those bereaved less than 10 months, and one supporting those bereaved more than 10 months. The team consists of qualified and experienced counsellors, supported by a group of dedicated family support volunteers. The service also supports the supeNised training practice of student counsellors, enrolled at university, and working towards their qualified status. Appointments take place on a face-to-face basis. with the opts-on for telephone or online counselling if this is more appropriate. Page 13

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) The objectives are- To provide a counselling & bereavement support service 3 days each week (Tuesday, Wednesday and Thursday). To provide professional yet compassionate support. to improve emotional wellbeing when living with or bereaved by a life-limiting illness. To provide a confidential space where people feel safe to voice their thoughts and feelings. To provide support at the point it is needed. at any stage of a person's health journey, helping them adjust to living with an illness. and considering the impact of this on their life, both now and in the future. To provide bereavement support to adults and children. following the loss of a loved one from a life- limiting illness. Activities during 2024-2025 were.. 561 clients attended the Servi￿.. 504 were adults and 57 were children. 1153 episodes of support. 1090 1to1 counselling sessions were provided- 981 were adults and 109 were children. 63 episodes of adult bereavement group sessions were attended. Bereavement Group Support: The bereavement social groups at Stockton and Bishop Auckland enjoy meeting up every month. The group members value the support and conversation in the safe environment created at ButteNick Hospice. They say that this group is reassuring for them as they adjust to living without the person that was of great importance to them. The group discusses and shares a diverse range of issues including, but not exclusive to, their experience of living while grieving. Two counsellors facilitate the group, offering empathic support, and assisting with the flow of conversation, ensuring that everyone feels included. Feedback from this group.. "Lifesaving - forever thankful." "I have made some amazing friends.. "A chance to meet people in the same position as me and chat.. "Enjoyed being here- it's a chance to relax and hear other people's views." "l enjoy the interaction with everybody. I want to continue to talk about how l am feeling. "Being able to smile and laugh.. "Other people feel the same- it's not just me.. "Wonderful discussion time with the opportunity to look at death's impact.. Page 14

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (continued) Bereavement Follow Up Service: ButteNick Hospice provides a follow up bereavement support service to the families of patients who have died while accessing one of the clinical seNices. A condolence card and letter are sent to bereaved families within the first 2 weeks following the death of the patient. The family is contacted again betrrfeen 8 to 10 weeks later. Families are informed that support can be provided, should they require it. Be￿een April 2024 and March 2025, follow up support was offered to 108 families. Children's Inpatient Unit: The Children's Inpatient Unit is a 6-bed unit- 4 rooms for children 0-17 years and 2 rooms for young people 18- 25 years. ButteNick House Children's Hospice at Stockton aims to provide specialist palliative and end of life care for infants, children, and young people with life-limiting conditions. It is a holistic service providing physical, emotional, and spiritual care to the whole family throughout theirjourney. The objectives are- To provide a 24 hour, 7 days a week inpatient Se￿1￿. To provide short term respite care. To provide emergency and end of life care. To provide holistic multidisciplinary care. that meets the physical, emotional. spiritual and social needs of the children, and their families as a whole. To provide nursing care, counselling. advi￿. complementary therapies, and bereavement support to the children, their families. and carers. In all cases to ensure the children. their carers, and relatives are supported by a team of skilled and appropriately trained staff and volunteers. Activities during 2024-2025 were.. 19 childrenlyoung people on our caseload. 14 children l young people were admitted to the inpatient unit for respite care. O were admitted for end-of-life care. O were admitted for symptom control. There were 364 episodes of careladmissions. There was a total of 123 admissions. Future objectives are- To consistently achieve an occupancy of 80°A+ To increase the caseload of children and young people To develop and implement a Mobilisation Plan to enable the CIPU to continue to evolve to ensure that the respite and palliative care needs of the community can be met and eX￿eded. A critical component of this will be the successful recruitment of registered nurses. Page 15

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Financial review • Overview The Consolidated Statement of Financial Activities sets out the results of these activities directly carried out by ButteNick Limited {Buttetwick Hospice.. Butte￿iCk Hospice at Stockton on Tees, Butte￿iCk Hospice at Bishop Auckland and Butte￿iCk House, Children's Hospice) as well as those of which Buttetwick Limited is ultimately in control either as a corporate trustee (John Butterwick Trust Day Care Centre and Hospi￿) or as a parent company {Buttetwick Lotteries Limited and Buttetwick Hospice Retail Limited). The statement also includes the charity's share of the results of a joint venture, North East HospI￿S Lottery Limited, in which it has a 25 % interest. The Trust's function is to hold the properties at Stockton. all day-to4ay running being handled by Butterwick Limited. In the year ended 31 March 2025 the group operated at a deficit of £1,110,979 after depreciation against the budgeted deficit of £1,024,579. This compares to a deficit after depreciation of £765,397 in the previous year. The deficit reflected the continued reduction in statutory funding as a result of the closure of the Stockton Adult Inpatient Unit IAIPU), and the additional costs involved in reopening the unit. • Income generation ststutory Funding (NHS) The operation of the charity is partly funded by NHS England and from the local NHS Integrated Care Board, with the majority of the funds being raised by fundraising activities. the securing of grants, the receipt of donations and legacies, and the operations of the subsidiary companies. In the year a total of £1,506,466 was received from the NHS and Commissioning Authorities which equates to 42 % of the Groups total income in the year. This compared to £1.195,081 in the previous year (38°/,). Business Development The Business Development team work across the wide geographical area from which the Hospices draw patients. The Business Development team are performan￿ managed against an annual plan. The charity does not use external professional fundraisers and does not buy, sell or share donor information with any third party. Strict policies and procedures are in pla￿ to ensure compliance with fundraising best practice and standards including data protection and the regularity and methods of maintaining contact with donors. Income from donations and fundraising was £1.769.067 including legacies, this compares to £1,486,353 in 2023- 2024. The fundraising and publicity costs are £551.584 equating to 31.2°k of gross fundraising income (2023-2024 37.9/). Virtually all the charity's non-NHS income arises from fundraising and public activities including maintaining contact with our many committed supporters. The Hospi￿ is very grateful for all the support it receives, particularly from the local communities we support. Page 16

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 • Trading subsidiaries Butterwick Hospice Retail Limited ButteNick Hospice Retail Limited is a wholly owned subsidiary which operates charity shops selling predominantly donated goods. It pays all its trading profits to the company by dividend. In the year Butte￿iCk Hospice Retail Limited generated insufficient profit to pay a dividend to the company,with the company only accounts showing a loss of £314.919. It did however sell items donated to the company which, including Gift Aid reclaimed, raised £210,402 for the charity (2023 -2024 £140,304). Butterwick Lotteries Limited Buttetwick Lotteries Limited is a wholly owned subsidiary which operates lotteries on behalf of the charity. It pays all its trading profits to the charity by donation. In the year ended 31 March 2025 Butterwick Lotteries Limited generated £115,345 profit for the charity (2023 - 2024- £118.352). This reflects a continuing gradual decline in the number of lottery players. ButteNick Lotteries Limited was also a member of North East HospI￿S Lottery Limited (NEHL) which ceased operations during 2024125. NEHL'S profits were paid equally under Gift Aid to four local North East Hospices including the Butterwick Hospice at Bishop Auckland. NEHL generated £10,825 for the charity in the period ended 31 March 2025 (2023 -2024 - £28,052). • Going concern The main risk to the Charity in fulfilling the defined objective is.. Financial risk in terms of being able to generate sufficient income to cover expenditure and being able to pay its debts as they fall due The risk reported in 2023-2024 in relation to CQC rating has been removed due to the revised rating of 'Good' received for Butterwick Hospice Stockton AIPU following the full CQC inspection in May 2024. Work continues to enhance our governance with the goal of further improving our rating. In 2024-2025 the funding provided by the ICB for the AIPU was reduced by 75.￿ for the period in which only 2 beds were available, full funding was only restored from 5th November 2024. The resulting shortfall was met from charitable reseNes which therefore came under severe strain. A request was submitted to the ICB for additional funding in line with agreed reference costs from April 2025, along with one-off funding in 2024 -2025 to ensure sufficient working capital was retained going into 2025-2026. This request was partially successful in that the ICB substantially increased funding for 2025-2026 but were unable to provide any one-off funding in 2024- 2025. Consequently, the hospice ended 2024-2025 with severely limited working capital. Agreement was reached with North Tees & Hartlepool NHS Foundation Trust to pay the charges due for services provided in relation to the AIPU a year in arrears. this provided necessary short-temi liquidity. The budget for 2025-2026 was negatively impacted by two primary factors, the changes to Employer NIC contained in the Autumn 2024 budget and the funding agreed for the year by the ICB. The increased NIC rate and reduced threshold both increased employment costs considerably. ICB funding was set at 80% of the reference costs discussed resulting in a shortfall against the expected income. The combination of these I￿0 factors meant that rather than the expected breakeven the budget for 2025-2026 was set with a deficit of £497K. During 2025-2026 costs have been reviewed across the organisation with staff posts being removed from both Page 17

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 the Income Generation and Retail operations. these changes are not expected to impact materially on gross income and will therefore increase net income in both areas. The full reopening and improved occupancy levels of the AIPU have significantly increased both activity levels at the hospice and engagement with our local community. This is leading to increased donations in the short-term and can be expected to impact posits'vely on community fundraising over the next few years. Work is also ongoing to review the seNices delivered by the hospi￿ and prepare a range of options to be considered as income received has not been sufficient to sustain current se￿1￿ levels. Taking into account the difficult funding environment for hospices nationally, and the particular challenges faced by Butte￿iCk in relation to working capital. trustees are of the opinion that the charity is currently no longer a going concern. Advice on the financial position of the charity has been taken and discussions are ongoing with other parties with a view to securing the long term future of service provision. • Reserves The charitable group's reserves have been depleted as a result of operational deficits in past years coupled with capital expenditure. At the year-end total group reserves were £1.56m with £731 K of this restricted and £776K unrestricted. Recognising our continued dependence upon unpredictable charitable activity and support the Trustees have concluded that it would be prudent at the current time, to incrementally create a resetve equating to a minimum of three months operational costs. Based on current expenditure levels. three months operational costs amounts to approximately £1.148m, at 31st March 2025 free reserves were a deficit of £732k. The trustees will continue to monitor this in the year 2025- 2026. A key priority for the Trustees is to build cash reserves in line with policies. Future developments The full reopening of the AIPU and the improvement in the related CQC rating from 'Unsatisfactory' to 'Good' mark a considerable step foNard for the hospice. This was achieved through a great deal of sustained hard work and commitment, and with the valued assistance of our colleagues in North Tees & Hartlepool NHS Foundation Trust. Work continues to build upon this and further develop and enhan￿ our setvices in the spirit of continuous improvement. It is essential that as many people as possible are given the option of benefiting from our Se￿iceS and we are committed to raising awareness and developing new referral pathways. Having rejuvenated our seNices. we must now focus on financial sustainability and ensure the continued provision of excellent palliative and end of life care for our communities. It is essential that we ensure our structures are as efficient as possible, and that we maximise opportunities to build our income streams. The existing work on these areas will continue with the aim of controlling costs and increasing income in real terms year on year. Our work with North Tees & Hartlepool NHS Foundation Trust was instrumental in reopening the AIPU and we intend to continue our collaboration to expand and develop the seNices offered. The Service Level Agreement with the Trust for the provision of staff and services to support the AIPU has worked well, and we intend to continue with and build upon this. The partnership has been beneficial to both parties and will be a key element in our plans going foNard. Similady, our relationship with the North East & North Cumbria Integrated Care Board (ICBI has grown stronger with regular meetings and involvement by ButteNiick in developing seNice and contract specifications. We have Page 18

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 now moved from grant funding to a contract basis, and although we have not yet achieved the funding level we had hoped for, we must recognise and thank the ICB for the very substantial increase given in 2025-2026. We look fotward to exploring ways in which this can be increased further. It is widely recognised that the whole hospi￿ sector is currently under financial pressure with the vast majority using some element of reserves to maintain servI￿s. Intensive lobbying by Hospice UK has increased awareness of this issue and resulted in recognition by the government that the current situation is unsustainable. It is hoped that this will lead to increased funding. although the amount and timing of any decision is unclear. This challenging environment for all hospices makes it all the more important that hospices work together to share best practice and influence commissioning arrangements. ButteNick is an active participant in Hospices North East & North Cumbria, a ne￿Ork of 12 independent hospices within the footprint of the North East & North Cumbria Integrated Commissioning Board. This group has setup a number of working groups across professional disciplines to share expertise and explore best practice. Addressing concerns about the going concern status of the charity is the immediate focus of trustees and active discussions are taking pla￿ with parties who may be able to assist Butte￿iCk in continuing service provision in the longer term. ststement of Trustees. responsibilities The Trustees {who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees 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 these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)., make judgments and accounting 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., prepare the financial statements on the going concern 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 show and explain the Group and the charity's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible ft)r safeguarding the assets of the Group and the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 19

BurrERWICK LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Disclosure of information 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, there 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 Trustee in order to be aware of any relevant audit information and to establish that the charitable group's auditors are aware of that information. Auditors The auditors, Waltons Business Advisers Limited, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order of the mem rs of the board ol Trustees and signed on their behalf by.. Prof M Bramble Date: 14131& Page 20

BurrERWICK LIMITED (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BurrERWICK LIMITED UNQUALIFIED OPINION We have audited the financial statements of Buttewick Limited (the 'parent charitable company,) and its subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the consolidated balance sheet. the charity balance sheet, the consolidated statement of cash flows and the related notes, including a summary of significant 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 Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally AC￿pted Accounting Practice). In our opinion the financial statements- give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31 March 2025 and of the Group's incoming resources and application of reSoUr￿s, including its income and expenditure for the year then ended-, have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordan￿ with the requirements of the Charities Act 2011. BASIS FOR OPINION We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK}} and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that 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. EMPHASIS OF MArrER We draw attention to note 2.2 in the financial statements which explains that the accounts are prepared on the cessation basis. The group is showing a deficit of £1,101,979, free reserves (before the reclassification of long term assets to current assets) have dropped from £320,986 to a deficit of £731,824 and group cash has fallen from £932,267 to £380,709. This has not resulted in any amendment to the figures with no change in value to any assets or liabiliites. The long temi fixed assets have been reclassified as current assets. Page 21

BurrERWICK LIMITED (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BurrERWICK LIMITED (CONTINUED) OTHER INFORMATION The other information comprises the information included in the annual report other than the financial statements and our auditors, report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent othetwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtsined in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have performed. we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. MArrERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if. in our opinion.. the information given in the Trustees, report is inconsistent in any material respect with the financial statements., or the parent charitable company has not kept sufficient accounting records., or the parent charitable company financial statements are not in agreement with the accounting records and returns- or we have not received all the information and explanations we require for our audit. RESPONSIBILITIES OF TRUSTEES 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 financial statements and for being satisfied 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 are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. Page 22

BurrERWICK LIMITED (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BurrERWICK LIMITED (CONTINUED) AUDITORS. RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditors, report that includes our opinion. Reasonable assurance is a high 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 exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our prO￿dureS are capable of detecting irregularities, including fraud is detailed below- We gained an understanding of the legal and regulatory framework applicable to the charity and the area in which it operates, and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material miststement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or international misrepresentations, or through collusion. We identified the greatest potential for fraud in the following areas.. recognition and completeness of income and posting of unusual journals. We discussed these risks with management and designed audit procredures to test the recognition and completeness of revenue. We reviewed journals posted around the year end to look for potential "window dressing" A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.org.ukjauditorsresponsibilities. This description forms part of our auditors, report. A further description of our responsibilities for the audit of the financial ststements is located on the Financial Reporting Council's website at.. www.frc.or .ukJauditorsres onsibilities. This description forms part of our auditors, report. Page 23

BurrERWICK LIMITED (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BurrERWICK LIMITED (CONTINUED) USE OF OUR REPORT This report is made solely to the charitable company's trustees. as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent pemitted 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 this report, or for the opinions we have fomed. wJol+Ths Fus¢rtASs 4￿￿ sLfS LfrnikJ Waltons Business Advisers Limited Maritime House Harbour Walk The Marina Hartlepool TS24 OUX Date: 2410312026 Waltons Business Advisers Limited are eligible to act as auditors in temis of section 1212 of the Companies Act 2006. Page 24

BurrERWICK LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Restricted Endowment funds funds 2025 2025 Total funds 2025 Total funds 2024 Note INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities Other trading activities.. Fundraising Trading activities Investments.. Share ofjoint venture net income 1.078,412 160,705 1,506,466 1,239,117 1,506,466 1, 003,020 1, 195,081 497,215 296,682 32,735 14.500 529,950 311.182 483, 333 448,421 10.825 10,825 26 28,052 30 Investments 26 TOTAL INCOME AND ENDOWMENTS 1,886,835 1,710,731 3,597,566 3, 157,937 EXPENDITURE ON: Raising funds= Voluntary income Fundraising trading Charitable activities 551,584 800,830 458,743 551,584 800,830 3,347.131 562,985 719,032 2,641,317 10 2,888.388 TOTAL EXPENDITURE 1.811,157 2,888.388 4,699,545 3, 923,334 NET INCOMEI(EXPENDITU RE) Transfers between funds 75,678 11,177,657) 11,101,979) (765,397) 23 {1.118,796) 1,118.796 NET MOVEMENT IN FUNDS {1.043,118) (58.861) 11.101,979) (765,397) RECONCILIATION OF FUNDS: Total funds brought fotward 1.819.219 789.656 50.961 2,659.836 3, 425,233 TOTAL FUNDS CARRIED FORWARD 776,101 730.795 50.961 1,557,857 2,659,836 Page 25

BurrERWICK LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 32 to 56 form part of these financial statements. Page 26

BurrERWICK LIMITED (A company limited by guarantee REGISTERED NUMBER: 02979587 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible assets Investments 15 2,337,727 4,626 17 2, 342,353 CURRENT ASSETS Tangible assets Stocks Debtors Investments Cash at bank and in hand 16 2,296.912 10,803 406.175 4,626 380,709 18 5,494 318,752 19 20 932, 267 3,099.225 1,256,513 CURRENT LIABILITIES Creditors.. amounts falling due within one year 21 (1,541,368) (873, 273) NET CURRENT ASSETS 1,557.857 383,240 Creditors.. amounts falling due after more than one year 22 (65, 757) TOTAL NET ASSETS 1,557,857 2, 659, 836 CHARITY FUNDS Endowment funds 23 50.961 730,795 776.101 50,961 789,656 1,819,219 Restricted funds Unrestricted funds 23 23 TOTAL FUNDS 1,557,857 2, 659, 836 Page 27

BurrERWICK LIMITED (A company limited by guarantee REGISTERED NUMBER: 02979587 CONSOLIDATED BALANCE SHEET (CONTINUED AS AT 31 MARCH 2025 The charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. However, an audit is required in accordan￿ with section 151 of the Charities Act 2011. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. S R Grant Iqlb126 The notes on pages 32 to 56 form part of these financial statements. Page 28

BurrERWICK LIMITED (A company limited by guarantee REGISTERED NUMBER: 02979587 CHARITY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible assets Investments 15 788,533 4, 630 17 793, 163 CURRENT ASSETS Fixed assets held for sale Stocks Debtors Investments Cash at bank and in hand 16 804.197 1,609 1,105.811 4,630 270,048 18 1, 122 640,434 19 20 813, 175 2,186.295 1,454,731 CURRENT LIABILITIES Creditors.. amounts falling due within one year 21 (1,503,542) (768, 775) NET CURRENT ASSETS 682.753 685,956 Creditors.. amounts falling due after more than one year 22 (65, 757) TOTAL NET ASSETS 682,753 1,413,362 CHARITY FUNDS Restricted funds Unrestricted funds 23 23 730,795 (48.042) 789,656 623, 706 TOTAL FUNDS 682,753 1,413,362 Page 29

BurrERWICK LIMITED (A company limited by guarantee REGISTERED NUMBER: 02979587 CHARITY BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. However, an audit is required in accordan￿ with section 151 of the Charities Act 2011. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. S R Grant 1413j2L The notes on pages 32 to 56 form part of these financial statements. Page 30

BurrERWICK LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net cash used in operating activities (431.205) (19,521J CASH FLOWS FROM INVESTING ACTIVITIES Dividends, interests and rents from investments Purchase of tangible fixed assets Receipts from joint venture 26 30 (75,883 10.825 (27, 160) 28,052 NET CASH {USED INIIPROVIDED BY INVESTING ACTIVITIES (65,032 922 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of borrowing (55,321) (47,965) CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR {551,558 932,267 (66,564) 998,831 Cash and cash equivalents at the beginning of the year CASH AND CASH EQUIVALENTS ATTHE END OF THE YEAR 380.709 932, 267 The notes on pages 32 to 56 form part of these financial statements Page 31

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GENERAL INFORMATION The charity is a company limited by guarantee and registered in England and Wales. The members of the charity are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is- ButteNick Hospice Middlefield Road Stockton on Tees Cleveland TS19 8XN ACCOUNTING POLICIES 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ButteNick Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accounting policy. The consolidated statement of financial activities (SOFA) and consolidated balance sheet consolidate the financial statements of the charity and its subsidiary undertakings. The results of the subsidiaries are consolidated on a line by line basis. The charity 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. The income and expenditure account for the year dealt with in the financial statements of the charity was a deficit of £730.609 (2024. £497, 595 deficit). Page 32

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (CONTINUED) 2.2 Going concern The Trustees. having made due and careful enquiry, are of the opinion that the charity is no longer a going concern. The group is showing a deficit of £1.101,979, free reseNes (before the reclassification of long term assets to current assets) have dropped from £320,986 to a deficit of £731,824 and group cash has fallen from £932.267 to £380,709. The Trustees of Butte￿iCk Limited have taken advi￿ on the financial position of the charity and discussions are ongoing with other parties with a view to securing the long-term future of service provision. However it is clear that without inte￿entIOn the Charity will run out of cash and cannot continue. For this reason a non going concern position has been adopted and the accounts are prepared on the ￿SSatIon basis. This has not resulted in any amendment to the figures with no change in value to any assets or liabiliites. The long term fixed assets have been reclassified as current assets. 2.3 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 re￿1vable can be measured reliably. For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor{sl to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy. in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Gifts donated for resale are included as income when they are sold. No amounts are included in the financial statements for SeNi￿S donated by volunteers. Where goods are donated under the gift aid scheme the charity is not entitled to the income until the goods are sold and the donor has confirmed that they are gifting the proceeds. In this case the income is included as a donation rather than as a sale. Income tax recoverable in relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the time of the donation. Page 33

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (CONTINUED) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable 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 attributable to a single activity are apportioned be￿een those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. 2.5 Tangible fixed assets and depreciation Tangible fixed assets are carried at cost. net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value. over their expected useful lives on the following bases- Freehold property Long term leasehold propety over 50 years over 50 years, the period of the lease or until the first break clause over 5 years over 4 to 10 years over 5 years Short-term leasehold prope Furniture & Equipment Motor vehicles 2.6 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 impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Lossesl on investments, in the consolidated statement of financial activities. Investments in subsidiaries are valued at cost less provision for impairment. Investments in joint ventures are stated at the amount of the Group's share of net assets. The consolidated statement of financial activities includes the Group's share of the joint ventures, net income or expenditure using the equity accounting basis. As the joint venture is a charity, the investment is presented within restricted fvnds. Page 34

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (CONTINUED) 2.7 Stocks Stock of unsold donated goods are not valued for balan￿ sheet purposes. Stocks of merchandise are valued at the lower of cost and net realisable value. 2.8 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. 2.9 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisits-on or opening of the deposit or similar account. 2.10 Liabilities and provisions Liabilities 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 the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity 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. 2.11 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.12 Pensions The charity contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the group pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payment obligations. The contributions are recognised as an expense in the statement of financial activity when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. 2.13 Fund accounting General funds are unrestricted funds which are 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 administering 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. Page 35

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGMENT The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported. These estimates and judgments are continually reviewed and are based on experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances. In preparing these financial statements the Trustees have used the cessation basis of accounting. As explained in note 2.2 the Trustees have taken advi￿ on the financial position of the charity and discussions are ongoing with other parties with a view to securing the long-term future of service provision. However it is clear that without intervention the Charity will run out of cash and cannot continue. For this reason a non going con￿rn position has been adopted and the accounts are prepared on the cessation basis. Page 36

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INCOME FROM DONATIONS AND LEGACIES Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Donations Legacies Grants 621,552 452.610 4,250 621,552 462.610 164,955 350,474 566, 494 86,052 160,705 1,078,412 160,705 1,239,117 1, 003,020 Total 2024 943, 578 59, 442 1, 003, 020 INCOME FROM CHARITABLE ACTIVITIES Restricted funds 2025 Total funds 2025 Total funds 2024 Stockton on Tees Hospi Bishop Auckland Hospi Childrens Hospice 493,585 550.525 462,356 493,585 550,525 462,356 247, 155 529, 859 418,067 1,506,466 1,506,466 1, 195,081 Total 2024 1.195,081 1,195,081 Page 37

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FUNDRAISING INCOME Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 other charitable income 221.480 41,024 32.735 254,215 208, 197 41,024 10,728 15.455 Bishop Auckland Hospice Childrens Hospi Lottery 234.711 234,711 248,953 Total 2025 497.215 32.735 529,950 483,333 Total 2024 462, 369 20,964 483,333 TRADING ACTIVITIES Unrestricted Restricted funds funds Total funds Total funds 2025 2025 2025 2024 Charity trading income Charity shops 287,849 23,333 287,849 23,333 441,203 7,218 Other trading activities 311,182 311,182 448,421 Fundraising trading expenses Charity shops Wages and salaries 347,251 451,104 2,475 347,251 451,104 2,475 377,989 340, 989 Depreciation 800,830 800,830 719,032 Net {expenditure)lincome from trading activities (489,6481 (489,648) (270,611) Total 2024 (270,039) (572) (270,611) The trading loss shown above does not include gift aided sales through the charity shops which are included within donations and directly attributed to the charity rather than the trading subsidiary. These donations would not exist without the shops and amount to £246,403 thus reducing the trading loss to £243,245. Page 38

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INVESTMENT INCOME Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Share of joint venture net income Investment income 10.825 10.825 26 28,052 30 26 26 10,825 10,851 28,082 Total 2024 30 28, 052 28, 082 COST OF RAISING FUNDS Unrestricted funds 2025 Total funds 2025 Total funds 2024 Fundraising Lottery Wages and salaries 79,225 94,429 377.930 79,225 94,429 377.930 110,664 108,262 344,059 Total 2025 551,584 551.584 562, 985 Total 2024 562, 985 562,985 Page 39

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 stockton on Tees Hospi Bishop Auckland Hospi Childrens Hospi 312.818 145,925 1,846.411 420,612 621.365 2.159.229 566,537 621.365 1,598,677 492, 899 549,741 458.743 2,888.388 3,347.131 2,641,317 Total 2024 406, 033 2,235, 284 2,641,317 11. ANALYSIS OF EXPENDITURE BY ACTIVITIES Activities undertaken directty 2025 Support costs 2025 Total funds 2025 Total funds 2024 Stockton on Tees Hospi Bishop Auckland Hospi Childrens Hospi 1,474.660 338.039 479.348 684.569 228,498 142.017 2,159,229 566,537 621.365 1,598,677 492, 899 549,741 2,292,047 1,055.084 3,347,131 2,641,317 Total 2024 1,608,337 1,032,980 2,641,317 Page 40

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED) Anatysis of direct costs Stockton on Tees Hospice 2025 Bishop Auckland Hospice 2025 Childrens Hospice 2025 Total funds 2025 Total funds 2024 Wages and salaries Patient care Premises 380,056 93,615 13.663 307.865 7,227 16.602 462.886 10,288 4.173 1.150.807 111,130 34.438 974,557 105,660 31,286 250 Occupational health Staff travel 1.054 183 4,982 4.660 361 236 63 5.777 4,073 1,473 2,275 1,550 25,710 461,503 Volunteer travel Training & education Clinical supervision Administration costs 1.938 7.156 1,088 8.703 972,404 1,088 8.703 972,404 NHS charges 1,474,660 338,039 479,348 2,292,047 1,608,337 Total 2024 916,842 281,456 410,039 1,608,337 Page 41

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED) Anatysis of support costs Stockton on Tees Hospice 2025 Bishop Auckland Hospice 2025 Childrens Hospice 2025 Total funds 2025 Total funds 2024 Staff costs 361,886 73,274 2,723 45 108.337 29,160 78.638 11,792 548.861 114,226 2.723 894 547,980 116,748 1,327 Depreciation Patient care Patient Transport Premises 97,122 2,346 1,908 7,030 64.928 45.993 208.043 2,346 1.908 7,061 110 182,662 2, 799 1,331 8, 809 Staff travel Recruitment Training & education P.R. & Publicity Administration costs Bank charges Telephone & fax Printing postage & stationery Insurance IT & Internet costs 31 110 18,534 4,867 5,012 5,490 37,490 43.740 5,869 17.233 330 18,864 4.867 7,697 6.160 37,490 62.381 14,220 17.233 3,810 14,276 8,337 5,279 46,422 53,053 21,921 18,226 2,619 421 66 249 13.472 8,351 5.169 Equipment maintenance Audit fees 684,569 228.498 142.017 1.055.084 1,032,980 Total 2024 681,835 211,443 139, 702 1,032,980 Support costs which are split over more than one area have been split based on staff time. During the year ended 31 March 2025. the charity incurred the following Governance costs.. £76,669 (2024 - £66,312) included within the table above in respect of Direct & Support costs - Stockton on Tees Hospice. £15,242 (2024 - £17,470) included within the table above in respect of Direct & Support costs - Bishop Auckland Hospice. £13,209 (2024 - £15, 141) included within the table above in respect of Direct & Support costs- Childrens Hospice. Page 42

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. AUDITORS, REMUNERATION 2025 2024 Fees payable to the group's auditor for the audit of the group's annual accounts 13,880 13,220 Fees payable to the charity's auditor in respect of.. All non-audit services not included above 5.410 5, 140 13. STAFF COSTS Group 2025 Group 2024 Charity 2025 Charity 2024 Wages and salaries Social security costs Contribution to defined contribution pension schemes 2,224.110 177,921 1,954,356 142, 880 1,795,675 146,710 1, 622,090 120,710 126.671 110,349 110.276 101,457 2,528.702 2.207, 585 2,052,661 1,844,257 The average number of persons employed by the charity during the year was as follows.. Group 2025 No. Group 2024 No. Charity 2025 No. Charity 2024 No. Childrens Hospi Stockton Adults Bishop Auckland Hospice Butterwick Lottery Butterwick Retail 14 13 46 14 13 46 49 49 16 16 16 16 21 16 102 93 79 75 Page 43

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. STAFF COSTS (CONTINUED) The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. Group 2025 Group 2024 In the band £60,001- £70,000 In the band £80.001- £90,000 Total remuneration of key management personnel in the year was £243,221 (2024." £1 T5,558) 14. TRUSTEES, REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025. no Trustee expenses have been incurred (2024 - £NIL). Page 44

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. TANGIBLE FIXED ASSETS Group Long-terni Short-temi Furniture Freehold leasehold leasehold and property property property equipment Motor vehicles Total Cost At 1 April 2024 Additions Transfer to current assets 1,074,026 2,899,520 5.176 35,105 1,340,227 70.707 31,397 5,380,275 75.883 (1,079.202) 12,899,520) (35,105) 11,410.934) (31,397) 15.456.158) At 31 March 2025 Depreciation At 1 April 2024 Charge for the year Transfer to current assets 468.185 24,823 1,268,734 59,909 35,105 1,239.127 31,966 31,397 3.042,548 116,698 1493,008) {1,328,643) 135,1051 11,271,093) {31,397) 13,159,246 At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 605. 841 1, 630, 786 101, 100 2,337, 727 Page 45

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. TANGIBLE FIXED ASSETS (CONTINUED) Charity Long-temi leasehold property Furniture and equipment Freehold property Motor vehicles Total Cost At 1 April 2024 Additions Transfer to current assets 1,074,026 5,176 (1,079,202) 132,551 1,324,901 69.372 {132.551) 11,394.273) 31,397 2,562,875 74,548 (31,397) 12.637,423) At 31 March 2025 Depreciation At 1 April 2024 Charge for the year Transfer to current assets 468,185 24,823 (493,008) 48,944 1,225.816 4,570 29,491 153,5141 11,255,307) 31,397 1.774,342 58,884 {31,397) 11,833,226) At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 605, 841 83.607 99,085 788,533 Page 46

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. TANGIBLE CURRENT ASSETS Group Furniture Freehold Leasehold and property Property equipment Total Value Reclassified from non current assets 586,194 1,570,877 139,841 2,296,912 At 31 March 2025 586,194 1.570,877 139,841 2,296,912 Net book value At 31 March 2025 586.194 1.570,877 139,841 2,296,912 Charity Furniture and equipment Freehold Leasehold property Property Total Value Reclassified from non current assets 586,194 79,037 138,966 804,197 At 31 March 2025 586,194 79,037 138,966 804,197 Net book value At 31 March 2025 586,194 79,037 138,966 804,197 Page 47

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. FIXED ASSET INVESTMENTS Investment in joint ventures Listed investments Total Group At 1 April 2024 Transfer to current assets 4.625 14,625) 4.626 (4,626) At 31 March 2025 Investments in subsidiary Listed companies investments Investment in joint ventures Total Charity At 1 April 2024 Transfer to current assets 4.625 14,625) 4.630 (4,630) At 31 March 2025 Page 48

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. FIXED ASSET INVESTMENTS (CONTINUED) PRINCIPAL SUBSIDIARIES The following were subsidiary undertakings of the charity.. Names Company number Charity Basis of registration control number Holding Butte￿iCk Hospice Retail Limited Butte￿iCk Lotteries Limited John Butte￿iCk Trust Day Care Centre and Hospice 02775096 03141067 Shares Shares Sole Trustee 100°/ 100°/ 515705 The financial results of the subsidiaries for the year were- Names Income Expenditure Profitl(Loss) I Surplusl (Deficit) for the year Butte￿iCk Hospice Retail Limited Butte￿iCk Lotteries Limited John Butte￿iCk Trust Day Care Centre and Hospice 485,897 234,711 222 (800,816) (119,366) 156,673) (314,919) 115,345 {56,451) The net assets of the subsidiaries at the 31 March 2025 were- Names Net assetsllliabilities) ButteNick Hospice Retail Limited ButteNick Lotteries Limited John Butterwick Trust Day Care Centre and Hospi 1659.958> 1,535,062 18. STOCKS Group 2025 Group 2024 Charity 2025 Charity 2024 Merchandise Stamps Fundraising stock 9,194 801 4,372 314 801 314 808 808 808 808 10.803 5,494 1.609 1, 122 Page 49

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 19. DEBTORS Group 2025 Group 2024 Charity 2025 Charity 2024 Amounts owed by group undertakings 385,564 385,564 Trade debtors Amounts owed by group undertakings Other debtors 83,647 96,291 74,238 781.477 217,072 33.024 78, 764 19,198 123,080 33,828 229,758 92.770 147,809 74, 652 Prepayments and accrued income 406,175 318,752 1,105,811 640,434 20. CURRENT ASSET INVESTMENTS Group 2025 Group 2024 Charity 2025 Charity 2024 Group companies Listed investments Joint venture 4,625 4,625 4.626 4,630 Page 50

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2025 Group 2024 Charity 2025 Charity 2024 Bank loans 60.436 1,319,815 3.876 51,140 27.635 78,466 50, 000 639, 716 3, 882 34, 093 69,551 76,031 60.436 1,293,361 47.281 51,140 26.559 24,765 50,000 599,414 47,486 34,093 18,045 19,737 Trade creditors Amounts owed to group undertakings Other taxation and social security other creditors Accruals and deferred income 1,541.368 873, 273 1.503.542 768, 775 The bank loan consists of a boun￿ back loan and a fixed term loan. The fixed term loan is secured by way of a legal charge over the assets of the charity- Group 2025 Group 2024 Charity 2025 Charity 2024 Deferred income at 1 April 2024 ReSoUr￿S deferred during the year Amounts released from previous periods 38,826 39.176 {38,826) 40,090 38, 826 (40, 090) 40,090 38,826 (40,090) 39.176 38, 826 38,826 Deferred income represents lottery payments re￿iVed in advance. 22. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR Group 2025 Group 2024 Charity 2025 Charity 2024 Bank loans 65, 757 65,757 Page 51

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 23. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 March 2025 Balance at 1 April 2024 Transfers inlout Income Expenditure Unrestricted funds General Funds 2,164,254 1,166,227 1890,977) 11,003,447) 1,436,057 Funds within non charitable subsidiaries 1345,035) 720.608 (920.180) (115.349) {659.956) 1,819,219 1,886.835 11,811.157) 11.118.796) 776.101 Endowment funds Endowment Funds 50,961 50,961 Restricted funds Bishop Auckland Hospice Stockton on Tees Hospice Children's Hospice Dignity in Care Bishop Auckland Hospice Dignity in Care Stockton on Tees Hospice Outpatient Supportive Services Bishop Auckland Funds in joint venture Hospice UK Grant 326,669 90,038 29.321 559.525 616,527 462.356 (412.525) 11,845,065) (621.365) {150.092) 1,183,461 157.750 323,577 44,961 28.062 27,925 {809) 27,116 47.812 (1.384) 46.428 267,890 17,240) 260,650 10.825 61,498 (10.825) (61,498 789,656 1,710,731 12,888,388) 1,118,796 730,795 Total of funds 2,659,836 3,597.566 14,699.545) 1,557,857 Page 52

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 23. STATEMENT OF FUNDS (CONTINUED) STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2024 Balan￿ at 1 Apnl 2023 Transfers in/out Income Expenditure Unrestricted funds General Funds 2.624. 154 1.097,280 (838, 475) (718, 705) 2, t 64,254 Funds within non charitable subsidiaries (133, 628) 757, 690 (849, 575) (119, 522) (345,035J 2,490. 526 1,854,970 (1, 688, 050) (838, 227) 1,819,219 Endowment funds Endowment Funds 50,961 50,961 Restricted funds Bishop Auckland Hospice Stockton on Tees Hospice Children's Hospice Dignity in Care Bishop Auckland Hospice Dignity in Care Stockton on Tees Hospice Outpatient Supportive Services Bishop Auckland Funds in joint venture 365,250 89,316 75,226 529. 859 (370, 799) 326, 789 (1.304, 418) 418,267 (549, 741) (197,641J 978,351 85, 569 326, 669 90,038 29,321 29.627 (1, 702) 27,925 49,196 (1,384) 47,812 275. 130 (7, 240) 267,890 28, 052 (28, 052) 883, 746 1,302,967 (2,235, 284) 838, 227 789,656 Total of funds 3,425,233 3, 157, 937 (3, 923, 334) 2, 659, 836 Page 53

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF FUNDS (CONTINUED) The Bishop Auckland Hospice fund operates to raise funds for the day to day running of a hospi￿ at Bishop Auckland. A transfer has been made from this into general to fund the core team which is essential to ensure compliance and the safe provision of SeNI￿s. The Stockton on Tees Hospice fund operates to raise funds for the day to day running of a hospice at Stockton on Tees. This is the largest cost and one of the primary charitable activities and income raised from unrestricted events and donations made without restrictions helps to fund this area. The Children's Hospice fund operates to raise funds for the day to day running of the children's hospi at Stockton on Tees. This is partially funded by a grant from NHS England. A transfer has been made from unrestricted funds to help fund this area. The Dignity in Care and Outpatient Supportive Services funds represent grants provided by the Department of Health to help fund improvements to the hospices. Fixed asset expenditure when incurred and depreciation of those assets is charged to the appropriate fund over the life of the asset. The Endowment fund was created through the gift of the original hospi￿ building. This was subsequently sold and the proceeds and related gains have been reinvested in the existing hospice premises. The Hospice UK grant represents funds provided by the Department of Health and Social Care (DHSC) to support charitable hospices to improve or maintain their physical estate for best end of life care to patients and their families in a supportive and dignified physical environment. 24. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR Unrestricted Restricted Endowment funds funds funds 2025 2025 2025 Total funds 2025 Current assets Creditors due within one year 2,303,128 11,527.027) 745,136 (14.341) 50,961 3,099,225 11.541.368) TOTAL 776.101 730.795 50.961 1.557,857 Page 54

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 24. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONTINUED) ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Unrestricted funds 2024 Restricted Endowment funds funds 2024 2024 Total funds 2024 Tangible fixed assets Fixed asset investments 1.498,233 4. 626 1.245,670 (863, 553) (65. 757) 788, 533 50,961 2,337,727 4,626 1,256,513 (873, 273) (65, 757) Current assets Creditors due within one year Creditors due in more than one year 10,843 (9, 720) TOTAL 1,819,219 789,656 50,961 2, 659, 836 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 25. ACTIVITIES Group 2025 Group 2024 Net expenditure for the year (as per Statement of Financial Activities) 11.101.979) (765,397) Adjustments for: Depreciation charges Dividends, interests and rents from investments Loss on the sale of fixed assets Increase in stocks 116,698 126) 117,073 (30) 5,624 (2,447) 50,400 603,308 (28,052) {5.309) (87,423) 657,659 (10,825) Decreasel(increase) in debtors Increase in creditors Receipts from joint venture Net cash used in operating activities {431,205) (19,521) Page 55

BurrERWICK LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 26. ANALYSIS OF CASH AND CASH EQUIVALENTS Group 2025 Group 2024 Cash in hand 380,709 932,267 Total cash and cash equivalents 380.709 932, 267 27. ANALYSIS OF CHANGES IN NET DEBT Other non- cash At 31 March changes 2025 At 1 April 2024 Cash flows Cash at bank and in hand Bank loan within 1 year Bank loan over 1 year Liquid investments 932,267 (50.000) {65.757) 1551.558) 13,845) 59.166 380,709 (60,436) (6,591) 6,591 4,625 4,625 816.510 {496,237) 4,625 324,898 28. PENSION COMMITMENTS The group contributes to a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. Some clinical staff are members of the NHS Pension Scheme and contributions are determined by the government actuary. The NHS Pension Scheme is an unfounded occupational scheme backed by the Exchequer. The pension cost charge represents contributions payable by the group to the fund and amounted to £110,276 (2024 £110,349). Contributions totalling £14.390 (2024 - £13,893) payable to the fund at the balance sheet date and are included in creditors. 29. RELATED PARTY TRANSACTIONS There were no related paty transactions during the year. Page 56