2023-03-31-accounts - Tapping House

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Trustees' annual report			(incorporating		the	directors'	report)
Independent	auditor's		report to	the members					12
Statement of	financial	activities		(including		income and expenditure		account)	16
Balance sheet									17
Statement of	cash flows								18
Notes to the financial		statements							19

Registered	charity name	charity name		The Norfolk Hospice
Charity registration		number		1062800
Company	registration	number		03185605
Principal office and registered			office	The Norfolk Hospice
				Wheatfields
				Hillington
				Kings Lynn
				Norfolk
				PE316BH

Auditor	Saffery LLP
	Chartered Accounts
	Westpoint
	Peterborough	Business Park
	Lynch Wood
	Peterborough
	PE2 GFZ
Bankers	Clydesdale Bank
	Moseley's Farm
	Fornham All	Saints
	Bury St Edmunds
	IP28 6JY

				2023	2023	2022
			Unrestricted	Restricted	Total	Total
		Notes	funds	funds	funds	funds
					f
Income and endowments
Donations and legacies			625,950	183,181	809,131	1,341,944
Charitable activities			1,324,403		1,324,403	1,123,494
Other trading activities			2,386,950		2,386,950	1,980,259
Investment income			11,903		11,903	1,904
Other income						474,701
Total income			4,349,268	183,181	4,532,449	4,922,302
Expenditure
Raising funds:
Costs of raising donations
and legacies		10	{454,507)		(454,507)	(309,168)
Costs ofother trading
Activities		11	(1,142,330)		(1,142,330}	{1,014,666)
Charitable activities		12	(3,408,500)	(68,154)	(3,476,654)	(2,934,563)
Total expenditure			(5,005,337)	(68,154)	{5,073,491)	(4,258,397}
Net income and
movements
in funds before gains and
Loss on investments			(656,069)	115,027	(541,042)	663,905
Net gains/ (losses} investments	on	13			732
Net income before	transfer
offunds			{655,337)	115,027	(540,310)	663,927
Transfers between	funds
Net movement in funds			(655,337)	115,027	(540,310)	663,927
Reconciliation offunds
Total funds brought
forward			6,325,353	333,485	6,658,838	5,994,911
Total funds carried
forward		28	5,670,016	448,512	6,118,528	6,658,838


				Notes
Fixed assets
Tangible fixed assets				17		4,590,223		4,669,363
Investments				18		501,153		421
						5,091,375		4,669,784
Current assets
Stocks				20	55,419		44,818
Debtors				21	955,418		1,087,901
Cash at bank	and	in	hand	22	482,091		1,296,976
					1,492,928		2,429,695
Creditors: Amounts			falling
due within	one year			23	(408,535)		(350,104)
Net current	assets					1,084,393		2,079,591
Total assets	less current
liabilities						6,175,768		6,749,375
Creditors: Amounts			falling
due after more than one
year				24		(57,240)		(90,537)
Net assets						6,118,528		6,658,838
Funds ofthe	charity
Restricted funds						448,512		333,485
Unrestricted	funds					5,670,016		6,325,353
Total charity	funds			28		6,118,528		6,658,838

			2023	2022
			f
Cash flows from operating	activities
Net income			(540,310)	663,927
Adjustment for:
Depreciation oftangible fixed assets			18S,620	196,056
Net gains on investments			(732)	(22)
Dividends, interest and rents from investments			{11,903)	{1,904)
Losses on disposal oftangible fixed assets			14,476	2,790
Changes in:
Stock			(10,601)	5,495
Trade and other debtors			132,483	(596,189)
Trade and other creditors			64,357	(30,162)
Cash generated from operations			{166,610)	239,991
Net cash from operating activities			(166,610)	239,991
Cash flows from investing	activities
Dividends, interest and rents from investments			11,903	1,904
Purchase oftangible assets			(120,956)	(55,064)
Purchase of investments			(500,000)
Net cash used in investing	activities		(609,053)	(53,160)
Cash flows from financing	activities
Proceeds from borrowings
Repayments of borrowings			(39,222)	(39,803)
Net cash from financing activities			(39,222)	(39,803)
Net (decrease) jincrease in	cash and cash	equivalents	(814,885)	147,028
Cash and cash equivalents	at beginnings	ofyear	1,296,976	1,149,948
Cash and cash equivalents	at end ofyear		482,091	1,296,976

				Unrestricted	Restricted	Total funds
				funds	funds	2023
						f
Donations
Donations	from	charitable	trusts	56,870	75,550	132,420
Other donations,		including	gift aid	452,247	27,131	479,378
Game sales				6,136		6,136
Legacies
Legacies				110,697	80,500	191,197
				625,950	183,181	809,131
				Unrestricted	Restricted	Total funds
				funds	funds	2022
Donations
Donations from		charitable	trusts	58,374	111,921	170,295
Other donations,		including	gift aid	444,103	16,492	460,595
Game sales				13,774		13,774
Legacies
Legacies				697,281		697,281
				1,213,532	128,413	1,341,945

		Unrestricted	2023	Unrestricted
		funds	Total	funds	Total
			funds		funds
Inpatient	unit	661,565	661,565	615,800	615,800
Outpatient	services	467,229	467,229	450,033	450,033
Other income		195,609	195,609	57,661	57,661
		1,324,403	1,324,403	1,123,494	1,123,494

		Unrestricted		Unrestricted	2022
		funds	Total	funds	Total
			funds		funds
Fund raising	events	337,485	337,485	138,640	138,640
Shop income		1,764,833	1,764,833	1,536,924	1,536,924
Lottery income		284,632	284,632	304,695	304,695
		2,386,950	2,386,950	1,980,259	1,980,259
Investment	income
		Unrestricted	2023	Unrestricted	2022
		funds	Total	funds	Total
			funds		funds
Ul( listed equities
Interest on bank deposits		11,903	11,903	1,900	1,900
		11,903	11,903	1,904	1,904

		Restricted	Unrestricted
		funds	funds	Total
				funds
Grants and sundry	income
Services and other	income		62	62
			62	62
		Restricted	Unrestricted	2022
		funds	funds	Total
				funds
Grants and sundry	income	430,067	44,464	474,531
Services and other	income		170	170
		430,067	44,634	474,701

			Unrestricted	2023	Unrestricted	2022
			funds	Total	funds	Total
				funds		funds
Fundraising	and	publicity	317,553	317,553	184,365	184,365
Lottery operating		and prizes	9?,969	97,969	97,006	97,006
Trusts			38,985	38,985	27,797	27,797
			454,507	454,507	309,168	309,168

11.	Costs ofother trading	Costs ofother trading	activities	activities
				Unrestricted		2023	Unrestricted	2022
					funds	Total	funds	Total
						funds		funds
	Shop expenditure				1,142,330	1,142,330	1,014,666	1,014,666
12.	Expenditure	on charitable		activities
				Expenditure		Support	2023
					undertaken	costs	Total	Total
					directly		funds	funds
	Patient care and associated
	Activities				2,575,324	901,330	3,476,654	2,934,563
							2023	2022
	Support costs
	Staff costs						631,796	479,768
	Depreciation						49,554	47,221
	(Gain)/loss on	sale offixed		assets				2,790
	Office and administrative		costs				171,929	94,782
	Bank interest	and charges					30,261	18,657
	Auditor's remuneration		-	for audit			14,200	14,000
			—	for other	services		3,590	2,350
							901,330	659,568

			Unrestricted	2023	Unrestricted
			funds	Total	Funds	Total
				funds		funds
Gains/(losses)	on	listed
			732	732	22	22
investments

					2023	2022
Depreciation		oftangible		fixed assets	185,620	196,056
(Gain)/loss		on disposal		offixed assets	14,476	2,790
Unrealised		(gain)/loss	on investments		(732)
Auditor's	remuneration			—audit services	14,200	14,000
Operating	lease rentals			—land and buildings	283,572	277,854

	2023	2022
Wages and salaries	3,111,947	2,638,831
Socia I Security costs	287,013	223,059
Other pension costs	122,262	111,947
	3,.521,222	2,973,837

The number ofemployees	for the year fell within the following	bands, were:
Support costs	2023	2022
	No
f60,000 tof69,999
f70,000tof79,999
f80,000 tof89,999

	Freehold	Fixtures and	Motor	Equipment	Total
	property	fittings	vehicles
		f
Cost
At 1April 2022	4,961,267	383,438	165,365	353,334	5,863,404
Additions	12,714	19,978	21,745	66,519	120,956
Disposals	(4,353)		(21,499)		(25,852)
At 31March 2023	4,969,628	403 416	16' 611	419,853	5,958,508
Depreciation
At 1April 2022	520,109	292,648	107,889	273,395	1,194,041
Charge for the
year	105,419	36,052	9,667	34,482	185,620
Disposals	(403)		(10,973)		(11,376)
At 31March 2023		328,700	106,583	307,877	1,368,285
Carry amount
At 31March 2023		74,716	59,028	111,976	4,590,223
At 31March 2022	4441158	90,790	57,476	79,939	4,669,363

			Shares	in
		investments	gloup
			undertakings
				f
Cost or valuation
At 1April	2022	419			421
Additions		500,000			500,000
Fair value	movements	732			732
At March	2023	501,151			501,153
Impairment
At 1Aprii	2022 and 31iviarch 2023
Amount	carried forward
At 31March 2023		501,151			501,153
At 31March 2022		419			421

											2023		2022
													f
	Trade debtors										288,159	135,045
	Prepayments and accrued				income						111,611	116,109
	Other debtors										555,648	836,747
											955,418	1,087,901
	The charity has been			notified		of additional	legacies		which	have	not been included	within	the
	accounts as there		is uncertainty			over the value to		be	received.
22.	Cash and cash	equivalents
											2023		2022
											f		f
	Cash and cash	equivalents			consist of:
	Cash at bank —current			accounts							72,217	173,387
	Short term deposits										406,637	1,120,351
	Petty cash										3,237		3,238
											482,091	1,296,976
23.	Creditors
	Amounts falling due within one					year
											2023		2022
	Bank loans and	overdrafts									16,606		29,843
	Trade creditors										137,466		61,888
	Accruals and deferred			income							99,434	119,990
	Social security	and	other taxes								72,815		56,415
	Obligations under finance leases					and hire purchases		contracts			4,737		7,425
	Other creditors										77,477		74,543
											408,535	350,104

			2023	2022
Bank loa ns	and overdrafts		56,867	73,473
Obligations	under finance leases and hire purchase	contracts	373	1?,064
			57,240	90,537

	2023	2022
		f
Not later than 1year	4,737	7,425
Later than 1year and not later than 5 years	373	16,981
	5,110	24,406

			2023	2022
At 1April	2022		55,559	65,759
Amount	released	to income	(55,559)	(65,759)
Amount	deferred	in year	49,355	55,559
			49,355	55,559

Unrestricted	Unrestricted	funds
		At 1April	Income	Expenditure	Investment	Transfers	At 31IVlarch
		2022 f		f	(Ioss)/gain f	f		2023 f
General		1,655,990	4,349,268	(5,005,337)	732	79,140		1,079,793
Designated	funds:
Fixed asset	fund	4,669,363				(79,140)		4,590,223
Devereaux	fund
		6,325,353	4,349,268	(5,005,337)	732			5,670,016
		At 1April	Income	Expenditure	Investment	Transfers	At 31March
		2021 f			(loss)/gain f	f		2022 f
General		857,683	4,363,822	(3709319)	22	143,782		1,655,990
Designated	funds:
Fixed asset	fund	4,813,145				(143,782)		4,669,363
Devereaux	fund	5,893		(5,893)
		5,676,721	4,363,822	(3,715,212)	22			6,325,353

Restricted	funds
		At	1April	Income	Expenditure	Transfers		At	31March
			2022						2023
			f				f		f
In patient	unit	153,261		13,655	(4,746)				162,170
Hospice at	home		500	16,161	(16,161)				500
Equipment	fund		1,118						1,118
Day therapy			147						147
In memory	garden		9,683	31,453	(568)				40,568
NH5E COVID Support
Other funds		168,776		121,912	(46,679)				244,009
		333,485		183,181	(68,154)				448,512
		Ai 1April		income	Expenditure	Transfers		At 31IViarch
			2021						2022
			f	f	f		f
In patient	unit	133,195		49,506	(29,440)				153,261
Hospice at	home		6,500	29,679	(35,679)				500
Equipment	fund		1,118						1,118
Day therapy			147						147
In memory	garden		9,683						9,683
NHSE COVID Support				448,218	(448,218)
Other funds		167,547		31,078	(29,849)				168,776
		318,190		558,481	(543,186)				333,485

2023		Tangible	Investments	Net current	Creditors	Total
		fixed		assets	&1year
		assets
Unrestricted
funds:
General			501,153	642,486	(63,846)	1,079,793
Designated	funds:
Fixed asset	funds	4,590,223				4,590,223
Restricted fund				448,512		448,512
		4,590,223	501,153	1,090,998	(63,846)	6,118,528
2022		Tangible	Investments	Net current	Creditors	Total
		fixed		assets	&1year
		assets
Unrestricted
funds:
General			421	1,746,106	(90,537)	1,655,990
Designated	funds:
Fixed asset	funds	4,669,363				4,669,363
Restricted fund				333,485		333,485
		4,669,363	421	2,079,591	(90,537)	6,658,838

		2023	2022
Tangible	fixed assets	28,784	21,213
Operating	lease commitments

	2023	2022
Not later than 1year	180,800	171,292
Later than 1year and not later than 5years	476,517	614,450
Later than 5years	57,500	75,700
	714,817	862,142

				31March 22	Cash flow	31March 23
Cash	in hand			1,296,976	(814,885)	482,091
Hire	purchase	&	1year	{7,425)	2,688	(4,737}
Hire	purchase	&	1year	(16,981)	16,608	(373}
Bank	borrowings		&1year	(29,843)	13237	(16,606)
Bank	hnrrnwings		& 1 year	(73,473)	16,606	(56,867}
				1,169,254	(765,746)	403,508

				2022	2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	funds	funds	funds	funds
Income and endowments
Donations and legacies			1,213,531	128,413	1,341,944	856,848
Charitable activities			1,123,494		1,123,494	1,101,046
Other trading activities			1,980,259		1,980,259	988,649
Investment income			1,904		1,904	2,792
Other income			44,634	430,067	474,701	1,138,997
Total income			4,363,822	558,480	4,922,302	4,088,332
Expenditure
Raising funds:
Costs of raising donations
and legacies		10	(309,168)		(309,168)	(317,569)
Costs ofother trading
Activities		11	(1,014,666)		(1,014,666)	(867,442)
Charitable activities		12	(2,391,378)	(543,185)	(2,934,563)	(2,725,187)
Total expenditure			(3,715,212)	(543,185)	(4,258,397)	(3,910,198)
Net income and movements
in funds before gains and
Loss on investments			648,610	15,295	663,905	178,134
Net gains/ (losses) investments	on	13	22		22	98
Net income before	transfer
offunds			648,632	15,295	663,927	178,232
Transfers between	funds
Net movement in funds			648,632	15,295	663,927	178,232
Reconciliation offunds
Total funds brought	forward		5,676,721	318,190	5,994,911	5,816,679
Total funds carried	forward		6,325,353	333,485	6,658,838	5,994,911