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|||||Page|
|---|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers|||
|Trustees'
Report||||2-12|
|Independent
Auditors'|Report|on the Flnanclal|Statements|13-16|
|Statement
of Flnanclal|Activities|||17|
|Income and Expenditure
Account|||||
|Balance Sheet||||19-20|
|Statement
of Cash Flows||||21|
|Notes to the Flnanclal|Statements|||22- 41|
##
|||Reference|and Administrative||Details|ofthe Charity,|Its Trustees and Advisers|
|---|---|---|---|---|---|---|---|
||||For the||year ended 31 March||2021|
|Trustees|||Lady Mary Fagan|LG DVCO JP||||
||||LJ Benson JP DL|||||
||||Rear Admiral
I R|Henderson
CBCBE DL||||
||||P A Kinnersley-West|||||
||||C M Scheckter DL|||||
||||BR W Parker MBE|||||
||||DrJ C Palmer (appointed|||29October 2020, resigned 27 April 2021)||
||||E K Sandy|||||
||||Vice Admiral
Paul||Boissier|CB||
|Company|registered|||||||
|number|||03481737|||||
|Charity registered||||||||
|number|||1067238|||||
|Registered||office|Brecknock House|||||
||||Henry Gamman|Drive||||
||||Andover|||||
||||Hampshire|||||
||||SP103LB|||||
|Company|secretary||M Gard|||||
|Independent||auditors|BRCAccountants|||||
||||Chartered
Accountants|||||
||||Aldwych
House|||||
||||Winchester
Street|||||
||||Andover|||||
||||Hampshire|||||
||||SP102EA|||||
|Bankers|||Lloyds TSBBank pic|||||
||||22 High Street|||||
||||Andover|||||
||||Hampshire|||||
||||SP101BJ|||||
||||The Bank of Scotland|||||
||||Beauclerc House|||||
||||3Queens
Road|||||
||||Reading|||||
||||RG1 4AR|||||
||||Virgin Money
UK PLC|||||
||||Bearing House|||||
||||Clydebank
Business Park|||||
||||Clydebank|||||
||||G81 2NR|||||
|Solicitors|||Talbot Walker|||||
||||16 Bridge St|||||
||||Andover|||||
||||Hampshire|||||
||||SP102NW|||||
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2021
2|2021
8|2021
2|2020f|
|Income from:||||||||
|Donations
and legacies||||98,233|544,267|642,500|661,473|
|Other trading
activities|||||10,001|10,001|8,173|
|Investments||||10,098|28,321|38,419|38,735|
|Other income|||||3,554|3,554||
|Total Income||||108,331|586,143|694,474|708,361|
|Expenditure
on:||||||||
|Raising funds|||7|18,591|40,109|58,700|81,673|
|Charitable
activities||||272,922|363,829|636,751|3,426,216|
|Total expenditure||||291,513|403,938|695,451|3,507,eeg|
|Net (expenditure)/Income||before net||||||
|gains/(losses)
on|Investments|||(183,182)|182,205|(977)|(2,799,508)|
|Net gains/(losses)|on investments||||37,494|37,494|(50,518)|
|Net (expenditure)/Income||||(183,182)|219,699|36,517|(2,850,026)|
|Transfers
between|funds||19|183'182|(183'182)|||
|Net movement
In|funds||||36,517|36,517|(2,850,025)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||4,421|2,086,155|2,090,576|4,940,602|
|Net movement
in funds|||||36,517|36,517|(2,850,026)|
|Total funds carried forward||||4,421|2,122,672|2,127,093|2,090,576|
##
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|||||||Total funds|Total funds|
|---|---|---|---|---|---|---|---|
||||||Note|2021|2020f|
|Income||||||694,474|708,381|
|(Losses)/gains|on investments|||||37,494|(50,518)|
|Gross Income|In the reporting||period|||731,968|857,863|
|Less; Total expenditure||||||(695,451)|(3,507,889)|
|||||||36,517|(2,850,028)|
|Net Incomel(expenditure)||for|the reporting|period||||
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||||2021|2020|
|---|---|---|---|---|
|||Note|2||
|Charity funds|||||
|Restricted funds||19|4,421|4,421|
|Unrestricted|funds|19|2,122,672|2,086,155|
|Total funds|||2,127,093|2,090,576|
##
##
||||Fo|r t|he year ended 31 March 2|021||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Cash flows from operating|||activities|||||
|Net cash|used
in operating|activities||||(67,764)|(2,793,143)|
|Cash flows from investing|||activities|||||
|Purchase|of Investments|||||(24,907)|(97,488)|
|Disposal|of investments|||||13,962|101,581|
|Net cash|(used In)/provided||by Investing||activities|(10,945)|4,113|
|Change|ln cash and cash||equivalents|In|the year|(78,709)|(2,789,030)|
|Cash and|cash equivalents||at the beginning||of the year|1,398,056|4,187,088|
|Cash and cash equivalents|||at the end|of|the year|1,319,347|1,398,058|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|1unds|funds|funds|
||||2021
8|2021
8|2021
8|2020f|
|Donations|||98,233|370,144|468,377|499,995|
|Legacies||||124,085|124,085|117,024|
|Fundraising|sponsorship|income||40,438|40,438|34,854|
|Donated services and facilities||||9,600|9,600|9,600|
||||98,233|544,267|642,500|661,473|
|Total 2020|||234,642|426,631|661,473||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021
8|2021
2|2020f|
|Retail|income|10,001|10,001|8, 173|
|Total|2020|8,173|8,173||
##
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##
|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|||6|2|6||
|Income from|UK listed investments||23,609|23,609|28,559|
|Income from|non-UK listed investments||4,617|4,617|4,573|
|Bank interest|receivable|10,098|95|10,193|5,503|
|||10,098|28,321|38,419|38,735|
|Total 2020||5,383|33,352|38,735||
##
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2021
6|2021
2|2020f|
|3,554|3,554||
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021
2|2021
6|2021
2|2020f|
|Communications||||7,297|7,297|10,169|
|Investment
management||costs||4,772|4,772|4,973|
|Retail and events costs||||15,646|15,646|12,457|
|Wages|and salaries||16,500|11,000|27,500|47,625|
|National|Insurance||1,172|781|1,953|3,688|
|Pension|costs||919|613|1,532|2,763|
||||18,591|40,109|58,700|81,673|
|Total 2020|||37,042|44,631|81,673||
##
||||Grants to|Total|Total|
|---|---|---|---|---|---|
||||Institutions|funds|funds|
||||2021
8|2021
2|2020f|
|Grant|to new hospice building||272,922|272,922|3,091,409|
|Grant|to hospice running|costs|240,801|240,801|240,800|
||||513,723|513,723|3,332,209|
|Total|2020||3,332,209|3,332,209||
##
##
##
||||Activities|Grant||||
|---|---|---|---|---|---|---|---|
||||undertaken|funding
of|Support|Total|Total|
||||directly|activities|costs|funds|funds|
||||2021|2021|2021|2021|2020f|
|New hospice|building||17,596|272,922|105,432|395,950|9,185,416|
|Hospice running||costs||240,801||240,801|240,800|
||||17,596|513,723|105,432|636,751|9,426,216|
|Total 2020|||9,897|9,992,209|84,170|3,426,216||
##
||Hospice|Total|Total|
|---|---|---|---|
||Facilities|funds|funds|
||2021
2|2021|2020f|
|Welfare support|17,596|17,596|9,897|
|Total 2020|9,897|9,897||
##
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##
||||||||Hospice|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||Facilities|funds|funds|
||||||||2021|2021|2020|
||||||||6|2||
|Staff costs|||||||70,070|70,070|44,102|
|Depreciation|||||||1,522|1,522|1,522|
|Staff training|||||||283|283|351|
|Insurances|||||||1,097|1,097|1,053|
|Rent|||||||9,600|9,600|9,600|
|Office expenditure|||||||16,490|16,490|t8,446|
|Bank Charges|||||||1,670|1,870|868|
|Profit/Loss|on|disposal|of fixed assets||||||8|
|Professional|fees||||||||3,780|
|Governance|costs||||||4,500|4,500|4,440|
||||||||105,432|105,432|84, t70|
|Total 2020|||||||84,170|84,f70||
|Auditors'
remuneration||||||||||
|||||||||2021|2020|
|||||||||6||
|Fees payable||to the Charity's||auditor||for the audit of the Charity's|annual|||
|accounts||||||||1,200|1,200|
|Fees payable||to the Charity's||auditor||in respect of:||||
|All non-audit|services||not included||above|||3,300|3,240|
##
##
|Staff costs||Fo|r the year ended 31 March 202|1||
|---|---|---|---|---|---|
|||||2021|2020|
|||||2|f|
|Wages and|salaries|||90,668|87,457|
|Social security costs||||5,481|6,093|
|Contribution|to defined|contribution|pension schemes|4,906|4,626|
|||||101,055|ge, I76|
|2021|2020|
|---|---|
|No.|No.|
##
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##
||Furniture|
|---|---|
||and|
||equipment|
||8|
|Cost or valuation||
|At 1 April 2020|17,701|
|At 31 March 2021|17,701|
|Depreciation||
|At 1 April 2020|16,174|
|Charge for the year|1,521|
|At 31 March 2021|17,695|
|Net book value||
|At 31 March 2021||
|At9t March 2020|1,527|
##
||Listed|Unlisted||
|---|---|---|---|
||Investments|investments|Total|
||2|2|2|
|Cost or valuation||||
|At 1 April 2020|589,171|164,694|753,865|
|Additions|24,907||24,907|
|Disposals|(13,963)||(13,963)|
|Revaluations|32,497|4,975|37,472|
|At 31 March 2021|632,612|169,669|802,281|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||2||
||Stock of retail|goods||660|116|
|16.|Debtors|||||
|||||2021
f|2020
f|
||Due within one year|||||
||Other debtors|||5,409||
||Gift aid recoverable|||6,476|4,352|
|||||11,885|4,352|
|17.|Creditors: Amounts||falling due within one year|||
|||||2021|2020f|
||Other taxation|and social security||2,608|2,540|
||Accruals
and|deferred|income|4,500|64,700|
|||||7,108|57,340|
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Financial|assets|||||||
|Financial|assets measured||at fair value through||income and expenditure|802,281|753,865|
|||||||2021||
|Financial|liabilities|||||||
|Financial|liabilities|measured|at amortised|cost||7,108|67,340|
##
|Items of Income|, expens|e, gains or l|osses|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Income|Net gains||
|2020||||||||||
|Financial assets|measured|at fair value|through||income and|expenditure|28,226|37,494||
|Financial assets|measured|at amortised|costs||||10,193|||
||||||||Income|Net losses||
|2019|||||||8|||
|Financial assets|measured|at fair value|through||Income and|expenditure|33,132|(50,518)||
|Financial assets|measured|at amortised|costs||||5,603|||
|The total interest|income|for financial assets||not measured||at fair value|through
income or expenditure||is|
|Et0,193(2020:25,603).||||||||||
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||Transfers|Gains/|31 March|
||April 2020
6|Income
2|Expenditure
8|In/out
6|(Losses)
8|2021
6|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|Building
fund|619,295|||(183,182)||436,113|
|General funds|||||||
|Unrestricted|||||||
|funds|1,466,860|586,143|(403,938)||37,494|1,686,559|
|Total|||||||
|Unrestricted|||||||
|funds|2,086,155|586,143|(403,938)|(183,182)|37,494|2,122,672|
|Restricted|||||||
|funds|||||||
|Deane summer|||||||
|events|4,421|||||4,421|
|Building
fund||108,331|(291,513)|183,182|||
||4,421|108,331|(291,513)|183,182||4,421|
|Total of funds|2,090,576|694,474|(695,451)||37,494|2,127,093|
##
##
##
||||||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||Balance at||||Transfers|Gains'|31March|
||||1April 2019||Income|Expenditure|In(out|(Losses)|2020|
||||||||2|||
|Unrestricted||||||||||
|funds||||||||||
|Designated||||||||||
|funds||||||||||
|Building|fund||2,330,000||||(1,710,705)||619,295|
|General|funds|||||||||
|Unrestricted||||||||||
|funds|||1,428,318||468,356|(379,296)||(50,518)|1,466,860|
|Total||||||||||
|Unrestricted||||||||||
|funds|||3,758,318|||(379,296)|(1,710,705)|(50,518)|2,086,155|
|Restricted||||||||||
|funds||||||||||
|Deans summer||||||||||
|events||||4,421|||||4,421|
|Equipment||in||||||||
|memory|funds|||142||(142)||||
|Building|fund||1,|177,721|240,025|(3,128,451)|1,710,705|||
||||1,182,284||240,025|(3,128,593)|1,710,705||4,421|
|Total offunds|||4,940,602||240,025|(3,507,889)||(50,518)|2,090,576|
##
##
##
##
##
|Summary|of fun|ds - current year|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||Balance at 1||||Transfers|Gains/|31 March|
|||April 2020
2|Income
9|Expenditure|2|in/out
2|(Losses)
2|2021
9|
|Designated|||||||||
|funds||619,295||||(183,182)||436,113|
|General funds||1,466,860|586,143|(403,938)|||37,494|1,686,559|
|Restricted|funds|4,421|108,331|(291,513)||183,182||4,421|
|||2,090,576|694,474|(695,451)|||37,494|2,127,093|
|Summary|offunds - prior year||||||||
|||||||||Balance at|
|||Balance at||||Transfers|Gainsf|31March|
|||1 April2019|Income
f|Expenditure|f|infout|(Losses)|2020f|
|Designated|||||||||
|funds||2,330,000||||(1,710,705)||619,295|
|General funds||1,428,318|468,356|(379,296)|||(50,518)|1,466,860|
|Restricted|funds|1,182,284|240,025|(3,128,593)||1,710,705||4,421|
|||4,940,602|708,381|(3,507,889)|||(50,518)|2,090,576|
##
##
|Analysis|of net assets between funds - curre|nt year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|||2|2|2|
|Tangible|fixed assets||6|6|
|Fixed asset investments|||802,281|802,281|
|Current|assets|4,421|1,327,493|1,331,914|
|Creditors|due within one year||(7,1 08)|(7,108)|
|Total||4,421|2,122,672|2,127,093|
##
|Analysis|of net assets between
funds - prior|year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|Tangible|fixed assets||1,527|1,527|
|Fixed asset investments|||753,865|753,865|
|Current|assets|4,421|1,398,103|1,402,524|
|Creditors|due within one year||(67,340)|(67,340)|
|l||4,421|2,086,155|2,090,576|
##
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|22.|Reconciliation
of ne|t|mo|vem|ent|In fun|ds to|net|cash flow|from|operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2021
2|2020f|
||Net
income/expenditure|||for|the|year|(as|per|Statement|of|Financial|||
||Activities)|||||||||||36,517|(2,850,028)|
||Ad)ustments
for:|||||||||||||
||Depreciation
charges|||||||||||1,522|1,522|
||Loss on the sale of fixed assets||||||||||||8|
||Decrease/(increase)|in|stocks|||||||||(544)||
||(Increase)/decrease|in|debtors|||||||||(7,533)|4,599|
||Increase/(decrease)|In|creditors|||||||||(60,232)|235|
||Loss/(gain)
on revaluation|||of investments||||||||(37,494)|50,519|
||Net cash used
In operating||||activities|||||||(67,764)|(2,793,143)|
|23.|Analysis
of cash and||cash equivalents|||||||||||
|||||||||||||2021|2020|
|||||||||||||E|f|
||Cash in hand|||||||||||1,319,347|1,398,056|
||Total cash and cash||equivalents|||||||||1,319,347|1,398,058|
|24.|Analysis of changes||In|net|debt|||||||||
||||||||||||At 1 April||At 31 March|
||||||||||||2020|Cash flows|2021f|
||Cash at bank and in|hand|||||||||1,398,056|(78,687)|1,319,369|
||||||||||||1,398,056|(78,687)|1,319,369|
##
##
||||2021
2|2020f|
|---|---|---|---|---|
|Not later than||1 year|2,665|2,492|
|Later than|1 year and not later than 5years||5,585|8,480|
||||8,250|10,972|
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