## 

|About Us|||||
|---|---|---|---|---|
|From the Chair and Chief|Executive||||
|%ho we are and how we help|||||
|Hospice care is full of life|||||
|Our history|||||
|Our strategy|||||
|Our services in 2021/22|||||
|Care Quality Commission|(CQC)||||
|Covid Response|||||
|Sussex Hospice Collaboration|||||
|Key activities<br>in 2021/22|||||
|Our Income Generation<br>Activities||||10|
|Our Volunteers|||||
|Structure,<br>Governance<br>and|Management|||12|
|Risk Management||||15|
|Financial<br>Review||||16|
|Trustees'<br>Responsibilities||||18|
|Independent<br>Auditor's<br>Report to the||Members|and Trustees of St Peter 8 StJames Charitable|Trust|
|||||20|
|Consolidated<br>statement<br>of financial||activities||24|
|Balance sheets as at 31 March 2022||||26|
|Statements<br>of cash flows|for the year ended||31 March 2022|27|
|Notes to the accounts||||28|



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|Compassion|We|show everyone<br>empathy,<br>kindness<br>and respect|
|---|---|---|
|Integrity|We|do the right thing, no matter how challenging.|
|Accountability|We|take responsibility<br>for our actions and outcomes.|
|Excellence|We|strive to be outstanding<br>and aim to exceed expectations|
|Inclusivity|We|welcome and respect everyone|





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|Tangible<br>Fixed|Assets|F2,058,665|
|---|---|---|
|Legacy Accrual|Fund|2848,689|
|Other Designated<br>Funds||F96,911|
|Group General|Funds|E3,44?,99?|
|Restricted<br>Funds||841,897|
|Total Funds||P6,494,159|





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|||||2022|2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
|Income:||||Unrestricted|Designated|Restricted|Funds|Funds|
||||Note|E|||||
|Donations and legacies:|||||||||
|Donations||||1,122,417|3,721|104,048|1,230,186|1,535,987|
|Legacies||||1,314,624|||1,314,624|499,972|
|Grants||||574,068||376,182|950,250|1,899,424|
|Total donations<br>and legacies||||3„011,109|3721|480,230|3,495,060|3,935,383|
|Trading activities||||1,577,790|||1,57?,790|900,077|
|income from charitable|activities|||44,268||32,966|77,234|330,222|
|investment<br>income||||12,065|||12,065|19,178|
|Total income||||4,645,232|3,721|513,196|5,162,149|5,184,860|
|Expenditure:|||||||||
|Shop costs||||1,206,800|||1,206,800|868,643|
|Fundraising<br>Costs||||568,495|||568,495|284,687|
|Investment<br>management|costs|||3,546|||3,546|3,217|
|Costs of raising funds||||1„778841|||1,778,841|1,156,547|
|Expenditure<br>on charitable||activities|8|2,376,246||616,175|2,992,421|3,505,742|
|Total expenditure||||4,155,087||616,175|4,771,262|4,662,289|
|Net income/(expenditure)||for the|||||||
|year before gains and losses on|||||||||
|investments||||490,145|3,721|(102,979)|390,887|522,571|
|Net gains on investments||||7,238|||7,238|54,050|
|Net income/(expenditure)||for the year||497,383|3,721|(102,979)|398,125|576,621|
|Transfers<br>between<br>funds||||(445,823)|445,823||||
|Net movement<br>in funds||||51,560|449,544|(102,979)|398,125|576,621|
|Reconciliation offunds:|||||||||
|Total funds brought<br>forward||||3,396,437|2,554,721|144,876|6,096,034|5,519,413|
|Total funds carried forward||||3,447,997|3,004,265|411897|6,494,159|6,096,034|





## 

|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
||||Notes|2022|2021|2022|2021|
|Fixed assets||||||||
|Tangible assets|||15|2,058,665|2„152,148|2,058,665|2,152,148|
|Investments|||16|499,898|489,007|589,898|579,007|
|||||2,558,563|2,641 155|2,648,563|2,731,155|
|Current assets||||||||
|Debtors|||17|1,420,124|437,421|1,477,957|454,233|
|Current asset investments||||1,874,872|2,147,024|1,874,872|2,147,024|
|Cash at bank and|in|hand||825,871|1,045„193|634,222|909,807|
|||||4,120,867|3,629,638|3,987,051|3,511,064|
|Liabilities||||||||
|Creditors: amounts||falling due||||||
|within one year|||18|185,271|174,759|169,026|167,855|
|Net current assets||||3,935,596|3,454,879|3,818,025|3,343,2D9|
|Total assets less current liabilities||||6,494,159|6,096,034|6,466,588|6,074,364|
|Total net assets||||6,494,159|6,096„034|6,466,588|6,D74,364|
|The funds ofthe|charity:|||||||
|Restricted income||funds|20|41,897|144,876|41,897|144,876|
|Unrestricted<br>funds||||||||
|Designated<br>funds|||21|3,004,265|2,554,721|3,078,354|2,637,423|
|General funds|||21|3,447,997|3,396,437|3,346,337|3,292,065|
|Total unrestricted||||6,452„262|5,951,158|6&424,691|5,929,4S&|
|Total funds|||22|6,494,159|6,096,034|6,466,588|6,074,364|







## 

|||||||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Notes|2022|2021|2022|2021|
|Cash flows from|||operating|||activities:||||||||
|Net cash||provided|by/(used|||in) operating||||||||
|activities|||||||||27|447,925|594,089|504,188|542,85?|
|Cash flows from investing|||||activities:|||||||||
|Dividends,||interest|and rents||from investments|||||12,065|19,178|12,065|19,178|
|Proceeds||from the|sale of property<br>and|||||||||||
|equipment|||||||||||1,250||1,250|
|Purchase||of property,<br>plant||and equipment||||||(49,989)|(62,623)|(49,989)|(62,623)|
|Proceeds||from sale|of investments|||||||207,995|108,0?0|207,995|108,070|
|Purchase||of investments||||||||(213,620)|(112,973)|(213,620)|(112,973)|
|Net cash||provided|by/(used|||in) investing||||||||
|activities||||||||||43„549|47,098|43,549|47,098|
|Change|in cash and cash|||equivalents|||in|the||||||
|reporting||period||||||||491,474|546,991|547,737|495,759|
|Cash and||cash equivalents||at||the beginning||of||||||
|the reporting<br>period||||||||||3,192,217|2,645,226|3,056,831|2,561,072|
|Cash and||cash equivalents|||at the end||of|the||||||
|reporting||period|||||||28|2,700,743|3,192,217|2,509,094|3,056,831|





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||||||
|---|---|---|---|---|
|Donations|||2022|2021|
|||||E|
|General Donations|and Fundraising|Events|1,097,709|1,342,776|
|Gift Aid|||110,415|177,386|
|Other|||22,062|15,825|
||||1,230,186|1,535,987|



## 

||||
|---|---|---|
|Legacies|2022|2021|
|Legacy income|1,314,624|499,972|
||1,314,624|499,972|



## 

|||||
|---|---|---|---|
|Grants received||2022|2021|
|NHS Clinical Commissioning|Group Grants|626,457|623,342|
|Covid-19 Grants||189,357|999,350|
|Other Statutory Grants|||67,980|
|Trust and Other Fundraising|Grants|134,436|208,752|
|||950,250|1,899,424|



## 



## 

||||||
|---|---|---|---|---|
|Trading Activiti|es||2022|2021|
|||||F|
|Shop income from|sale of donated goods and new goods||1,366,773|526,926|
|Covid-19 Business|Grants 8 Insurance<br>Claims||184,117|366,051|
|Income from Shops donated<br>Goods Gift Aid Scheme:|||||
|- Gift aid income|from sale of goods on an agency basis||26,900|7,100|
|Total income from|Trading<br>Activities: Shops||1,577,790|900,077|
|Shops and trading|activity costs net of Charity administration|fee|1,168,190|852,039|
|Trust support costs allocated to Shops|||38,610|19,200|
|Total expenditure|from Trading<br>Activities||1,206,800|871,239|
|Net Profit arising|from Trading Activities||370,990|28,838|




## 



|||||
|---|---|---|---|
|Investment|income|2022|2021|
|Rental Income||1,270|1,020|
|Dividends<br>- equities||7,909|8,387|
|Bank Interest||2,886|9,771|
|||12,065|19,178|



## 

|Analysis|of|||Support|||
|---|---|---|---|---|---|---|
|Expenditure|||Direct<br>Costs|costs<br>(note 10)|2022|2021|
|Costs of Raising||Funds|||||
|Shop costs|||1,168,190|38,610|1,206,800|868,643|
|Fundraising|Costs||390,889|177,606|568,495|284,687|
|Investment|Management||||||
|Costs|||3,546||3,546|3,217|
|Total Cost|ofRaising||||||
|funds|||1,562,625|216,216|1,778,841|1,156,547|
|Charitable|Activities||||||
|Hospice|||1,650,177|378,380|2,028,557|1,397,322|
|Community|Care||573,970|162,163|736,133|652,911|
|Wellbeing|||211,993|15,444|227,437|337,711|
|Funded Beds||||||1,116,906|
|External<br>Clinical Services &Training|||||294|892|
|Total Charitable||Activities|2,436,434|555,987|2,992„421|3,505,742|
|Total|||3,999,059|772„203|4,771,262|4,662,289|



## 



## 

||||2021|2021|2021|2021|
|---|---|---|---|---|---|---|
|||||||Total|
|Income:|||Unrestricted|Designated|Restricted|Funds|
|Donations and|||||||
|legacies:|||||||
|Donations|||1,451,161|4,892|79,934|1,535,987|
|Legacies|||499,972|||499,972|
|Grants|||622,529||1,2?6,895|1,899,424|
|Total donations<br>and|||||||
|legacies|||2,573,662|4,892|1)356,829|3,935,383|
|Trading activities|||900,077|||900,077|
|Income from charitable||activities|299,696||30,526|330,222|
|Investment income|||19,178|||19,178|
|Other income|||||||
|Total income|||3,792,613|4,892|1,387,355|5,184,860|
|Expenditure:|||||||
|Shop costs|||868,643|||868,643|
|Fundraising<br>Costs|||284,68?|||284,687|
|Investment<br>management|||||||
|costs|||3,217|||3,21?|
|Costs of raising|funds||1,156,547|||1,156„547|
|Expenditure<br>on charitable||activities|2,195,377||1,310,365|3,505,742|
|Total expenditure|||3,351,924||1,310,365|4,662,289|
|Net income for the year|||||||
|before gains on|||||||
|investments|||440,689|4,892|76,990|522,571|
|Net gains on investments|||54,050|||54,050|
|Net incomel(expenditure)||for the year|494,739|4,892|76,990|576,621|
|Transfers<br>between|funds||256,839|(256,839)|||





||Reconciliation of|Reconciliation of|funds:||||||
|---|---|---|---|---|---|---|---|---|
||Total funds|brought|forward||2,644,859|2,806,668|67,886|5,519,413|
||Total funds carried||||||||
||forward||||3,396,437|2,554,721|144,876|6,096,034|
|10|Analysis ofsupport||||||||
||costs|||||Governance|||
|||||Administration|Finance|costs|2022|2021|
||Shop costs|||25,460|4,474|8,676|38,610|54,873|
||Fundraising|costs||117,117|20,580|39,909|177,606|36,Q35|
||Cost ofgenerating||funds|142,577|25,054|48,585|216,216|90,908|
||Hospice|||249,511|43,845|85,024|378,380|229,?78|
||Community|Care||106,933|18,791|36,439|162,163|58,822|
||Wellbeing|||1Q,184|1,790|3,470|15,444|90,019|
||Continuing|Care||||||192,516|
||Charitable|services||366,628|64,426|124,933|555,987|571,135|
||Total|||509,205|89,480|173,518|772,203|662,043|
|||Prior year totals||434,470|105,873|121,700||662,043|
|11|Governance costs||||||2022|2021|
||Management||||||146,868|112,575|
||Audit and Accountancy||||||||
||Fees||||||6,0QQ|9,125|
||Other Professional||Fees||||20,650||
||||||||173,518|121,700|



## 




||||2022||2021|2021|
|---|---|---|---|---|---|---|
||||Actual|Full time|Acfua/|Full time|
||||Number|equivalent|Number|equivalent|
|Direct charitable||services|||||
|Fundraising|8 Trading||50||45||
|Support services|||21|17|I9||
|Total|||137|99|141|102|





## 



## 

|13|Net incoming<br>resources|Net incoming<br>resources|2022|2021|
|---|---|---|---|---|
||Net incoming<br>resources|is stated after charging:|||
||Depreciation||143,472|126,36S|
||Auditors<br>remuneration:||||
||- for audit services||6,000|9,125|
||- foraccountancy<br>services||||
||Operating<br>lease rentals||27S,275|165,940|



## 

## 




## 

|16|Investments|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|a)|Investments|-Group||and Charity||||
||At start of the|year||||489,007|430,130|
||Additions|||||182,016|148,937|
||Disposals|||||(207,995)|(108,070)|
||Movement<br>in|cash||||31,604|(35,964)|
||Unrealised<br>Gains/(loss)|||on Revaluation||5,266|53,974|
||At end ofthe|year||||499,898|489,007|
|b)|Analysis of|investments||||||
||Listed investments|||||451,274|4?1,98?|
||Other investments|||||300|300|
||Cash held as|part|ofthe|investment|portfolio|48,324|16,720|
||Total group|||||499,89&|489,007|
||Equity investment||in subsidiary|||90,000|90,000|
||Total charity|||||5S9,89S|5?9,007|
||All investments|are held||in the UK||||



## 



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## 

||||||
|---|---|---|---|---|
|Income statement|||2022|2021|
|Turnover|||45,508|29,016|
|Cost of sales|||7,913|8,635|
|Gross profit|||37,595|20,381|
|Operating<br>expenses|||19,200|19,200|
|Profit on ordinary|activities||18,395|1,181|
|Donation to hospice|||18,395|1,181|
|Increase/{decrease)|in the Retained|profit for the year|||
|Balance sheet|||||
|Current Assets|||186,918|224,760|
|Liabilities|||85,189|52,273|
|Net assets|||101,729|172,487|
|Represenfed<br>by:|||||
|Capital|||90,000|90,000|
|Reserves|||11,729|82,487|
||||I01 729|172487|



## 

||||||
|---|---|---|---|---|
|Debtors|Group|Group|Charity|Charity|
||2022|2021|2022|2021|
|Trade debtors|43,700|43,775|43,?00|41,641|
|VAT recoverable|65,129|48,097|65,129|9,924|
|Amount<br>due from subsidiary|||68,935|59,326|
|Other debtors and prepayments|1,311,295|345,549|1,300,193|343,342|
||1,420,124|437,421|1,477,957|454,233|





## 

## 




|21|Unrestricted<br>funds|||||||Balance at||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||31 INarch|||Expenditure|||31 INarch|
|||||||||2021||Income|and gains|Transfers||2022|
|||||||||F||||||f.|
||Designated<br>funds||||||||||||||
||Friends ofStPeter &|StJames||||||12,190||3,721||||15,911|
||Tangible Fixed Assets|||||||2,152,148||||(93,483)||2,058,665|
||Legacy Accrual Fund|||||||111,921||||736,768||84&,689|
||Capital Replacement|Fund||||||278,462||||197,462||81,000|
||Total Designated<br>funds|||||||2,554,721||3,721||445,823||3,004,265|
||General fund Trust|||||||3,296,S57|4,599,724||(4,102,341)|(448,072)||3,342,617|
||General<br>fund Shops|||||||99,480||45,508|45,508|2,249||101,729|
||Total General fund|||||||3,396,437|4,645,232||4,147,849|445,823||3,447,997|
||Total Unrestricted<br>funds|||||||5,951,158|4,648,953||4,147849|||6,452,262|
||Desi nated funds:||||||||||||||
||Unrestricted<br>funds<br>in the Friends||||ofSt Peter &StJames|||||have been|set aside as designated<br>funds|||in the|
||Group accounts to meet the|||future needs||||for medical equipment<br>and|||associated costs ofthe Charity.||||
||The Tangible Fixed Asset||Fund represents|||||the net book value ofthe|||tangible fixed assets held||by|the|
||Charity,<br>which includes<br>any building|||||work-in-progress.|||Fixed assets||are integral to the provision||of||
||charitable<br>activities and therefore||||not||readily available||to|spend (e.g. hospice buildings).|||||
||The Legacy Accrual Fund||represents||||legacy income received after the year end that|||||has been accrued<br>into|||
||the accounts.||||||||||||||
||The Trustees established||the Capital||||Replacement<br>Fund|||in recognition<br>ofthe ongoing||need for|capital||
||investment<br>to replace|and,|where||appropriate,<br>enhance the Charity's||||||assets.<br>A Stock Condition||Survey was||
||undertaken<br>in 201?by a third party,|||||and was reviewed|||during 2021-22.The fund balance represents<br>the||||||
||expected capital expenditure|||required|||to 31 March 2025.||||||||
||Unrestricted<br>funds|(Prior Year)||||||31 March|||Expenditure|||Balance at<br>31 INarch|
|||||||||2020||Income|and gains|Transfers||2021|
|||||||||K|||E|||f.|
||Designated<br>funds||||||||||||||
||Friends ofSt Peter 8|StJames||||||7,298||4,892||||12,190|
||Tangible Fixed Assets|||||||2,216,315||||(64,167)||2,152,14&|
||Legacy Accrual Fund|||||||283,055||||(171,134)||111,921|
||Capital Replacement|Fund||||||300,000||||21,538||27&,462|
||Total Designated<br>funds|||||||2,806,668||4,892||256,839||2,554,?21|
||General fund Trust|||||||2,539,479|3,763,597||(3,268,858)|256,839||3,291,057|
||General<br>fund Shops|||||||105,380||29016|29,016|||105,380|
||Total General fund|||||||2,644,859|3,792,613||3,297,874|256,839||3,396,437|
||Total Unrestricted<br>funds|||||||5,451,527|3,797,505||3,297,874|||5,951,15&|





|||||Year Ended 31st|March 2022||
|---|---|---|---|---|---|---|
||||General|Designated|Restricted|Total|
||||funds|funds|funds|funds|
|Investments|||499,898|||499,898|
|Tangible|fixed assets|||2,058,665||2,058,665|
|Current|assets||3,133,370|945,600|41,89?|4,120,867|
|Creditors|falling due|in less than one|||||
|year|||185,271|||185,271|
||||3,447,997|3,004,265|41,897|6,494,159|



## 

|Net ass|ets by fun|ds (Prior Year)|||||
|---|---|---|---|---|---|---|
|||||Year Ended 31st|March 2021||
||||General|Designated|Restricted|Total|
||||funds|funds|funds|funds|
|Investments|||489,007|||489,007|
|Tangible|fixed assets|||2,152,148||2,152„148|
|Current|assets||3,082,189|402,573|144,876|3,629,638|
|Creditors|falling due|in less than one|||||
|year|||174,759|||174,?59|
||||3,396,437|2,554,721|144,876|6,096,034|



## 

## 



## 

|summary<br>performan|ce<br>ofthe Charity alone is as follows:|||
|---|---|---|---|
|||2022|2021|
|Income||5,156,250|5,184,017|
|Total expenditure||4,764,026|4,608,237|
|Net surplus<br>/(deficit)||392,224|575,780|
|Total funds brought|forward|6,074,364|5,498,584|
|Total funds carried|forward|6,466„588|6,074,364|
|Represented<br>by:||||
|Restricted funds||41,897|144,876|
|Unrestricted<br>funds||6,424,691|5,929,488|
|||6,466,588|6,074,364|



## 

|||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|
|Income||||||||
|Donations<br>and|subscriptions|||3,721||3,?21|4,892|
|Gift Aid||||||||
|Investment<br>income||||||||
|Total income||||3,721||3,721|4,892|
|Resources expended||-charitable|activities|||||
|Net movement|in funds|||3,721||3,721|4,892|
|Funds brought|forward|||12,190||12,190|7,298|
|Funds carried|forward|||15,911||15,911|12,190|
|Current Assets||||||||
|Debtors||||||||
|Cash at bank||||15,842||15,842|12,190|
|Total net assets||||15„842||15,842|12,190|
|Funds of the|Charity|||||||
|Unrestricted<br>Funds||||15,842||15,842|12,190|
|Restricted<br>Funds||||||||
|Total Funds||||15,842||15,842|12,190|





|27|Reconciliation<br>of net income||to|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
||net cash flow from operating||activities|2022|2021|2022|2021|
||Net income for the reporting||period|398,125|576,621|392,224|575,780|
||Adjustments<br>for:|||||||
||Depreciation<br>charges|||143,472|126,368|143,472|126,368|
||(Increase)/decrease<br>in debtors|||(982,7Q3)|84,437|(1,Q23,724)|55,693|
||Increase/(decrease)<br>in creditors|||10,512|(119,357)|1,171|(141,004)|
||Loss/(profit)<br>on the sale of fixed||assets||(828)||(828)|
||(Gains)/losses<br>on investments|||(5,266)|(53,974)|(5,266)|(53,974)|
||Dividends,<br>interest and rents from investments|||12,065|19,178|12,065|19,178|
||Net cash provided<br>by/(used|in) operating||||||
||activities|||447,925|594„089|504,188|542„857|
|28|Analysis ofcash and cash||equivalents|Group|Group|Charity|Charity|
|||||2022|2021|2022|2021|
|||||||R||
||Cash at bank and<br>in hand|||825,871|1,045,193|634,222|909,807|
||Short term deposits|||1,874,872|2,147,024|1,874,872|2,147,024|
||Total cash and cash equivalents|||2,700,743|3,192,217|2,509,094|3,056,831|





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