The Pepper Foundation Trustees, Report and Financial Statements FR FUNDRAISING REGULATOR Company number 02797940 (Englond & wa￿$) Charity Number1056823 ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## Welcome TheDlr*¢tor4vthoaTethe boardolChorltyTrustses forth• purpas•s•ltheCharities A¢t2011,are pleased to pr•sentth¢irqnnuql r¢portandfinan¢ial $t4tsm•nlsfortheyearended 31stMar¢h202L The financial statements comply with thc Charities Act 2011. the Companies Act 2006. the Memorandum and Articles of Association. and in a¢cordanco with the charities SORP (FRS102). This document is designed to meet Statutory requirements and also provide the depth of information that is often required by gront making trusts, donors. legators, statutory bodies ond anyone who needs information about our perfomiance. ochievements and aspirations. ## ## ## Th8 specialist children's hospice at home service is operated by Rennie Grove Hospice Care with funding from The Pepper Foundotion The service supports babies and children with lrf*limiting conditiorts Ibving Buckinghamshire and Hertfordshira It is regarded as o lifeline for children ond young people up to the oge of19 os well os parents. siblings and carer& The nurses provide flexiblo responsNe cfinicol support carefvlly tailored to the needs ot each child, enabling them to live as fuffilling o frfe os possible. however short their life might lja The nurses olso provide essentiol support ond respf(e for the parent& sibfings ond carers of our child patients. and understond completety how tho whole famity is IMp￿ted by such o dtfficult situatio In 2020121 the specialist children's hospic8 at home service which we fund cored for 67 children Irf limtting condttions providing them and their fomilies with practicol nursing and emotionol suppori The children's hospice at home nurses provided vitol clinical care for children at ony time of the day or night In 2020121 they carried ¢Jut 738 visits and made 3.607 phone colls providing specialist care. acfvice and SUPF)Ort to local children and their fomilies the Rehhie Qrove childreh s Teath Zozi iyPup￿y Fo￿￿1￿(￿.N￿￿97￿I |Nurse/Team
leader|1|1.0| |---|---|---| |Senior Nurses|2|1.8| |Nurses||1.65| |Healthcare Assistant||0.9| |Children 6.Family Therapist||1.0| |Play Specialist||0.6| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Note|Note|Unrestricted|Restricted|Restricted|Endowment|Total|Prior year| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||funds|income||funds|funds|funds| ||||||||funds||||| ||||||||6||||| |Income|||||3||||||| |Income and endowments|from||||||||||| |Donations
and legacies||||||87,101|338.450|||425,551|283,105| |Chantable
actiwties|||||||||||| |Other trading
actiwties|||||||||||| |Investments||||||1.080||336||1,416|3.157| |Separate
matenal
item of income|||||||||||| |Other|||||||||||| |Tota I||||||88,181|338,786|||426 967|286 262| |Expenditure|||||5||||||| |Expenditure
on|||||||||||| |Raising funds||||||42 244||||42,244|29.005| |Chantable
actiwties||||||95,900|446,665|||542.565|265,381| |Separate
material
expense|||item||||||||| |Other||||||18.680||||18,680|10,868| |Total||||||156,824|446,665|||603,489|305,254| |Net income/(expenditut
for the reporting
penod|)|before|||tax|-68643|-107.879|||-176.522|-18,992| |Tax payable|||||||||||| |Net income/(expenditure)
after tax
before investment
gains/(losses)||||||-68.643|-107,879|||-176,522|-18,992| |Net gains'(losses)
on investments|||||||||||| |Net income/(expenditure)||||||-68543|-107,879|||-176.522|-18,992| |Extraorrlinary
items|||||||||||| |Transfers
between
funds|||||||||||| |Other recognised
gains/(losses).|||||||||||| |Gains and fosses on revaluatton|||||of||||||| |fixed assets for the chanty's|||own||||||||| |use|||||||||||| |Other gains/(losses)|||||||||||| |Net movement
in funds||||||-68,643|-107,879|||-176,522|-18,992| |Reconagat. on of funds|||||||||||| |Total funds orough! forwart)||||||299.124|136.tt23|||435.147|454,139| |Total funds carried forward||||||230,481|28,|144||258,625|435,147| ## ## ||||Note|Unrestricted|Restricted|Endowment|Total|Total last|Total last| |---|---|---|---|---|---|---|---|---|---| |||||funds|income|funds|this year|year|| ||||||funds||||| |Fixed assets|||||||||| |Intangible
assets|||||||||| |Tangible assets||||722|||722|385-|| |Heritage assels|||||||||| |Investments|||10||||||| |Total fixed assets||||723|||723||386| |Current assets|||||||||| |Stocks|||||||||| |Debtors||||5,219|1,511||6.730|14.603|| |Investments|||||||||| |Cash at bank|and|in|12|227,309|26,633||253,942|422,156|| |hand|||||||||| |Total current|assets|||232,528|28,144||260,672|436,759|| |Creditors: amounts|||13|2.770|||2.770|'1.998|| |falling due within one|||||||||| |year|||||||||| |Net current||||229,758|28,144||257,902|434,761|| |assets/(liabilities)|||||||||| |Total assets|less|current||230,481|28,144||258,625|435,147|| |liabilities|||||||||| |Funds of the|Chanty||||||||| |Reslncled
income|||||28,144||28.144|136.023|| |funds|||||||||| |Unreslncled|funds|||230,48'I|||230,481|299|124| |Revaluation|reserve||||||||| |Fair value reserve|||||||||| |Total funds||||230,481|28,144||258,625|435,147|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Note 3:In|c|ome||||||| |---|---|---|---|---|---|---|---|---| |Donations||and|legacies:|||||| |Analysis
of income|||Unrestricted|Restricted||Endowment|Total|Prior year| ||||funds|income||funds|funds|| ||||f|funds||||| |||||E|||f|| |Donations
and||gifts|69,474|10,500|||79.974|73.559| |Gift Aid|||7,477||||7,477|3.438| |Legacies||||66,000|||66,000|| |General grants||||||||| |provided
by|||2,000|261,950|||263,950|181,380| |government/|other|||||||| |charities||||||||| |Membership||||||||| |subscnptions
sponsorships|and
which||8,150||||8,150|8,669| |are in substance||||||||| |donations||||||||| |Other - Donation||||||||| |from Pepper|Events|||||||16,059| |Ltd||||||||| |Total|||87,101|338,450|||425,551|283,105| |Charitable||activities||||||| |Analysis
of income|||Unrestricted|Restricted||Endowment|Total|Prior year| ||||funds|income||funds|funds|| |||||funds||f.||| |||||E||||| |Tota I||||||||| |Other trading activities||||||||| |Analysis
of income|||Unrestricted|Restricted||Endowment|Total|Prior year| ||||funds|income||funds|funds|| |||||funds||E||| |Fundraising||||||||| |Total||||||||| |Income from investments||||||||| |Analysis
of income|||Unrestricted|Restricted||Endowment|Tota I|Prior year| ||||funds|income||funds|funds|| |||||funds||E||| |Interest||income|1,GBG||330||1,416|3 157| |Total|||1,080||336||1,416|3,157| |TOTAL INCOME|||88,181|338,786|||426,967|286,262| ## ## |Family trust|f100,000|(f100,000 previous year)| |---|---|---| |Legacy-Barbara
Wheldon|f66,000|| |Global Make Some Noise|f50,000|| |Grant making Foundation|f30,000|(f10,000 previous year)| |Another family trust|f20,000|| |National Lottery|f10,000|(f10,000previous year)| |Vale ofAylesbury
Housing Trust|f10,000|(f10,000previous year)| |The Mill Charitable Trust|f10,000|(f2,000previous year)| |Henkel Ltd|f10,000|| ## ## ## ## |Expenditure
on rai|sing funds||||||| |---|---|---|---|---|---|---|---| |Analysis
of|Unrestricted|Restricted|||Endowment|Total|Prior year| |Expenditure|fundsf|income
F|funds||fundsf|funds
F|f| |Incurred
seeking
grants|10,500|||||10,500|9,200| |Advertising,
marketing,|5,126|||||5,126|1,756| |direct mail and publicity|||||||| |Other fundraising|26,618|||||26,618|18,049| |Total expenditure
Dn
raising funds|42,244|||||42,244|29,005| |Expenditure
on charitable activities|||||||| |Analysis
of|Unrestricted|Restricted|||Endowment|Total|Prior year| |Expenditure|funds
F.|income funds
f|||funds
F|funds
F|f| |Grants to Rennie Grove|95,900||446,|100||542,000|250,000| |Grant to trading|||||||2000| |subsidiary|||||||| |Grants
Io individuals||||565||565|3.381| |Support costs|||||||10,000| |Total expenditure
on
charitable
activities|95,900||446,665|||542,565|265,381| |Other|||||||| |Analysis of Expenditure|Unrestricted|Restricted|||Endowment|Total|Prior| ||funds
F|income funds
f|||fundsf|funds
f|year
f| |Siaf'f, nffice casts e!c.|18,680|||||18.680|10.868| |Total other
expenditure|18,680|||||18,680|10,868| |TOTAL EXPENDITURE|156,824||446,665|||603,489|305,254| ## |Note 8.1:Feesfor|examinat|ion
o|fthe acco|unts|| |---|---|---|---|---|---| |||||This year|Last year| |Independent
examiner's|fees|||1,600|1,620| |Note 7:Paid employees|||||| |7.1StaffCosts|||||| |||||This year|Last year| ||||||F| |Salaries and wages||||34,764|17,652| |Pension costs (defined|contribution|pension|plan)|1,723|2.352| |Total staff costs||||36,487|20,004| ## |7.2|Ave|ra|ge|head|c|ount|in|the yea|r|||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||This year|Last year| ||||||||||||Number|Number| |The|parts|of|the|charity|in|which|the|employees|work:|Fundraising|1|2| |||||||||||Chantable||| |||||||||||Activities||| |||||||||||Governance||| |||||||||||Other||| |||||||||||Total||| ## |Analysis||Grants to|Support|Total|| |---|---|---|---|---|---| |||institutions|costs||| |||f|6||| |Rennie Grove Hospice Care||542,000||542,000|| |Patients|and their families||565||565| |Total||542,000|565|542,|565| ## ## |The charity has made gran|ts to a partic|ular
institution|that are material
in the con|text of its granimak| |---|---|---|---|---| |||||Total amount| |Institution|Purpose|||of grants| |||||paid E| |Rennie Grove Hospice
Care|Funding|the children's|hospice at home service|542,000| ## ## |||Freehold|Other|Plant,|Fixtures,|Total| |---|---|---|---|---|---|---| |||land &|land &|machinery|fittings|| |||buildings|buildings|and motor|and|| |||||vehicles|equipment|| |||||E|E|| |At the beginning|of the||||577|577| |year||||||| |Additions|||||698|698| |Revaluations||||||| |Disposals||||||| |At end of the year|||||1,275|1,275| ## |||Freehold|Other land|Plant,|Fixtures,|Fixtures,|Total|Total| |---|---|---|---|---|---|---|---|---| |||land &|&|machinery|fittings|and||| |||buildings|buildings|and motor|equipment|||| |||||vehicles||||| |||E|E|E|||E|| |'*Basis||SLor RB|SL or RB|SLor RB|SL||SLor|RB| |'* Rate|||||33%|||| |At beginning|ofthe year|||||192||192| |Bisposals||||||||| |Oepreciation||||||361||361| |Impairment||||||||| |Transfers'||||||||| |At end ofthe|year|||||553||553| ## ## |9.3Net|book value m|ove||||| |---|---|---|---|---|---|---| |||Freehold|Other land|Plant,|Fixtures,|Total| |||land &|&|machinery|fittings and|| |||buildings|buildings|and motor|equipment|| |||||vehicles||| |Net book value at the
beginning
of the year|||||385|385| |Net book value at the end
ofthe year|||||722|722| ## |10.1Fixed a|sse|ts investmen|ts||||||| |---|---|---|---|---|---|---|---|---|---| |||Cash &cash|Listed|Investment|Social|Other||Total|| |||equivalents|investments|properties|investments||||| |Carrying
(fair)|||||||||| |value at beginning|||||||1||1| |of period|||||||||| |Add
additions|to||||||||| |investments|||||||||| |during
period|||||||||| |Less disposals|at||||||||| |carrying
value|||||||||| |Add/(deduct):|net||||||||| |gain/(loss)
on|||||||||| |revaluation|||||||||| |Carrying
(fair)|||||||||| |value at end of|||||||1||1| |year|||||||||| ## |10.2Analysis ofinvestments
ab|ove|| |---|---|---| ||Fair value at|Cost less| ||year end|impairment| ||f.|f| |Cash or cash equivalents||| |Listed investments||| |Investment
properties||| |Social investments||| |Other investments||| |Tota I||| ## ## ## |11.1
Analy|sis ofdebtors||| |---|---|---|---| |||This year|Last year| |||F|| |Prepayments|and accrued income|793|782| |Pepper Events|Limited|1.202|7,613| |Other debtors||4.735|6,208| |Total||6,730|14,603| ## |Note|12:Cas|h at b|ank an|d||in ha|nd||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||This year||Last year| |Short term cash investments|||(less than|3|months||maturity|date)|||| |Short term deposits|||||||||240.607||405,660| |Cash at bank and on hand|||||||||13.335||16.496| |Total|||||||||253,942||422,156| |Note|13:Creditors||and accruals||||||||| |13.1Analysis ofcreditors|||||||||||| ||||Amounts|||falling|due within||Amounts|falling due after|| |||||||one year|||more|than one year|| ||||This year||||Last year||This year||Last year| ||||f||||f||6||E| |Accruais|for grants||||||||||| |payable|||||||||||| |Bank loan: and overdrafts|||||||||||| |Trade creditors|||||||||||| |Payments|received|on|||||||||| |account|For contracts or||||||||||| |performance-related|||||||||||| |grants|||||||||||| |Accruals|anrl clefeired|||1||600||1,585|||| |income|||||||||||| |Taxation|and soiaal|||||317|||||| |security|||||||||||| |Other creditors|||||853||||||| ||Total|||2,770||||1,998|||| ## ## |15e2Trustees'|15e2Trustees'|expenses|expenses|expenses|||| |---|---|---|---|---|---|---|---| |Type of expenses||reimbursed||||This year|Last year| |||||||E|E| |Travel|||||||| |Subsistence|||||||| |Accommodation|||||||| |Other (please specify)|||||||| |Leaving gift- to|leaving||trustee|||150|60| |Online meeting|charges|||||144|| |Gift for volunteer||providing||technical|support||30| ||||TOTAL|||294|90| ## Supportlng families & childrens hospice areat 1￿me Icknield Way Business Park Tring Hertfordshire HP23 4JX 01442 507311 pepper.org.uk info@pepper.org.uk .' faCebC￿lCOMlpepperf0undotiQn @pepper_org_uk '_ the_pepper_foundation '. p%-j linkediThcomlcompanylth*peppetrfoundotiotrorg