Company Registration No: 03755216 Charlty No- 1075653 THE EAST LANCASHIRE HOSPICE (A registered charity and company limited by guarantee) Annual Report of the Trustees and Financial Ststements For The Year Ended 31 March 2021 frmha MOORE & SMALLEY THE EAST LANCASHIRE HOSPICE CONTENTS Page Referen¢e and adminislralive infomalion Trustees, 3nnual report Independent auditor's report 14 Consolidated slalemenl of financial activities 17 Consolidated balance sheet Balance sheet 19 Consolidated cash flow slalemenl 20 Notes lo the financial statements 21 THE EAST LANCASHIRE HOSPICE REFERENCE AND ADMINISTRATIVE INFORMATION Trustees MrFGParr MrT Kennedy Mrs A R Pallisler Mr R J Sullieff Councillor Y Jan Virmani Mrs G M Lea¢y Mr l M Willock Mr D Mcoonough (Chairman) IVi¢e Chairman) Isecielaryl Key Management Personnel.. Chief Executive Officer Mrs L Stevenson Medical Director Dr K Hogarth Mrs C Evans Cllnlcal Servlces Lead Fundraising & Lottery Lead Mrs S Plunkell Company Number Registered charity number Tax exemptlon number Reglstered office 3755216 1075653 XR 32869 The East Lancashire Hospice Park Lee Road 8la¢kburn BB2 3NY Tel.. Fax.. 01254 287000 01254 665000 Ww.eastlan¢shospi￿.Org.uk Audltor MHA Moore and Smalley Chartered Accountants & Slalulory Auditor Richard House Winckley Square Preston PR1 3HP THE EAST LANCASHIRE HOSPICE TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Trustees, who are also direcloTS of the charity for the purposes of the Companios Act, submit their 8nnual report and the audited financial slalemenls lor the year ending 31 March 2021. which are also prepared lo meet the requirements for a directors. report and accounts for Companies Acl purposes. The financial slalemenls have been prepared in a¢¢ord8nce with the accoLJnling policies sel out in notes lo the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting 2nd Reporting by Charities.. Slalemenl of Recommended Practice applicable to Gharilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Structure, Governance and Managèment Governing Document The charity is a charitable company limited by guarantee and not having a share Capital is exempl from the requirement lo use the word 'limiled' as part of ils name. 11 is governed by a memorandum and arti¢les of association and was incorporated on 20 April 1999 to lake over, from 1 July 1999, the activities of The East Lancashire Hospice Fund, an unincorporated association which was originally founded in 1981. The charity was entered in the Central Register of Charities with effect from 24 May 1999 and accepted by HM Revenue & Customs as a Charity for lax purposes. Recruitment and Appointment of Trustees The Board of East Lancashire Hospi￿ is made up of 8 Iruslees who are all registered volunteers. Re¢ruilment is undertaken via a formal, inclusive process and positions are advertised in a targeted way in order lo reach 8 specialist audience lo maximise the securing ol appropriate skills and diversity mix. Potential ¢andidates are invited lo apply by a CV, and a formal process lakes place including interview with a panel of Trustees. Trustees are appointed for a period of three years and may be re-elected after this period for a further three. Trustee induction consists of an induction pack, this in¢orporales key information on the charity, and the responsibilities of being a Trustee. The induction process provides opportunities lo meet staff and Service Leads in order lo gain a greater understanding of the hospice. Trustees are also supported lo attend appropriate external training events that will assist them with their role. They also undertake organisalional mandatory training as appropriate lo their role. Organisational Due lo the Covid-19 pandemic the past year has evolved into unprecedented limes for us both within our community and inpalienl sellings bringing difficulties and challenges and al limes Sadness for far loo many. As a consequence we have had lo adjust OLJr entire way of working and living, the consequences of which we are yel lo fully realise. Whilst we have fell Ihal everything around us has changed some things have remained conslanl. East Lancashire Hospice has continued lo provide vital ¢are and support lo people living with a terminal illness and bereavement in Blackbuin, Darwen. Hyndburn and the Ribble Valley. We have ¢onlinued lo do this 365days a year over 24hrs 7 days a week as we have always done. However il has changed as the communities we serve are constantly lacing new and different demands due lo the pandemic, sometimes on a daily basis. In this context we have looked al ourselves as an organisalion to ensure we have been flexible and adaptable to enable us to meet these different demands. Our priority has been lo keep as many servi￿$ open and accessible as possible for those people who need us, as well as developing new service models according lo the needs of the communities we serve whilst supporting our NHS colleagues. Such vision and rapid delivery of new and changed services has taken bravery. decisiveness and re81 ¢ommilment by all our staff and we would want lo publicly acknowledge and applaud all our staff who have given so much during this lime to make things happen. THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Organisational Icontinuedl We have had lo adopt new methods lo ensure we continue to have 8 robust framework for gov&rnance which has meant that the majority of the governance arrangements have taken place by Zoom, bul in essence their terms of reference and purpose have remained the same with the addition of the added demands responsibilities and challenges that the pandemic brought us. The Board of Trustees have continued lo meet on a bi-monthly basis lo direct and manage the goveinance of the hospice. The Trustees have ultimate responsibility for selling the strategi¢ dire¢tion of the hospice and their role is lo ensure that the hospice is financially viable, well lun and that il meets the needs for which il was sel up. A CEO is appointed by the board lo operationally rnanage the hospice supported by a Senior Leadership Team with predetermined levels of aulhorily. Mallers such as policy, slralegy and budgets are prepared foi consideration and approval by the trustees who monitor the implemenlalion of these plans. Departmental Leads are responsible to the appropriate Service Lead. who are responsible to the CEO who is in turn responsible lo the Board of Truste&s. We continued to have four governance committees covering all aspects of the organisalion although risk and Clinical combined over the past year to more effectively deal with the challenges of the pandemi¢'. - Clinical Governance Committee Finance Govemance Committee Risk Governance Committee Corporate Governance Committee Each commillee worked to ils original temis ol reference ea¢h taking on the additional governance responsibilities associated with tho pandemic. The membership consists of elected members of the Board of Trustees, Senior Leadership Team, and Departmental Leads who have been selected for their particular skills, experience and knowledge. Commillees meet al least once per quarter and report into the Corporate Governance Committee which in turn reports into the main board meeting on a qijarterly basis. The Senior Leadership Team. Finance Lead and Quality and Compliance Load presents quarterly comprehensive written reports to the Board of Trustees. The report Covers key risk issues which are inclusive of all aspects of governance providing both qualitative and quantilalive data. To support management and Governance during the pandemic additional briefingl situational reports have been presented lo the Board of Trustees on a monthly basis. To support our governance arrangements during the pandemic we worked with our partner organisalions across East Lancashire having daily silijalional update meetings. We meet quarterly with our Clini¢al Commissioning Group where the conlenl of the report forms the basis of discussion and review. Related Parties and Cooperation with Other Organisations This year the importance of working with others cannot be over emphasised, and the hospice has continued lo work lo maintain strong relationships and partnerships with local organisalions and our Socal community. and il is these key partnerships and relationships that has helped us to meet the many challenges we have faced throughout th¢ pandemic. We endeavour lo give a genuine sense that the hospice belongs to our community in order to be able lo provide a service which really makes a difference lo the quality of the lives of patients and their familie5, which has been crucial during this past year as many of our patients have faced isolation along with disruption lo their normal support and care systems. Throughout the last year we have worked on a daily basis with local key providers both in hospital and the community the aim being lo keep palliative and end of life patients al home and out of hospital, often changing our services al short notice lo meet with the constant changes in demand. Working collectively lo improve what we could offer ensuring patients and their families were al the ￿ntre of what we did. Key members of staff continued lo be involved in local, regional and national network groups. which supported the sharing of best practice. ben¢h marking and mutual support in last ye8r'8 ever-changing landscape. We continue lo have inlegraled working arrangements which has helped and supported patients and their families by enabling them lo receive the right care al the right lime and in the rtght pla￿. THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUED FOR THE YEAR ENDED 31 MARCH 2021 Pay Policy for Staff All Trustees give their lime freely and Trustees received no remuneration in the year and nor have they received any payment for expenses throughout the year. The Trustees consider the Senior Lfjadership Team to be the key management personnel of the chaiily, in charge of directing, controlling, running and operating the Charity on a day-lo-day basis All employed staff are remunerated according lo the responsibilities of their job description. Job descriptions are reviewed on an annual basis as part of the PDR process. Benchmarks are used nationally. regionally and locally. All staff including the CEO and Senior Leadership Team receive the same annua5 cost of living pay increases and other benefits ol employment that are agreed annually by the Board of Trustees. Public Benefit Statement The Trustees have complied with the Charities Act lo have due regard lo the public benefit guidance published by the Charity Commission. The Trustees believe that the charity provides a public benefit as ils prin¢ipal a¢livily is to enhance the quality of life for individuals with a life limiting illness. The aim being lo provide specialist, SLJPPOrtive and end of life palliative care lo any adu51 in the communities we serve, wilhoul discrimination, in the place of their ¢hoi¢e, and lo offer SLJPPOrt to them, their relatives, carers and friends. This is provided in various 5ellings including, in the hospi¢e Ilnpalients, Specialist and Supportive oulpalienls and huge variety of support and wellbeing servicesl, and in patients, own homes ISpe¢ialisl Clinical Nurses and Hospice at Homel. We also provide specialist, generalist and end ol life palliative care eduGalion within the organisalion and lo the wider community. Over the past year these aclivilie5 and seNices have been adapted to ensure they are delivered in a Covid safe environment working lo national and local guidelines. Our Staff and Volunteers The hospice is commilled lo an equal opportunities approach in everything il does. This means that we seek to ensure that anyone connected lo us. from patients and farnilies through lo donors, supporters, volunteers and staff are treated fairly. appropriately and with dignity and respect. From our day-to-day operational management lo our strategic decision-making, we consider how we work may affe¢l different groups and actively eliminate or redu￿ negative impact and discrimination. All our staff from all departments of the organisation have had lo work flexibly and creatively adapting lo new and different ways ol working and in somè cases taking on new roles and responsibilities as we strove lo ensure everyone received the care they needed. Every single one of our staff played a vrtal role in helping patients and families throughout this very difficult year. Throughout the pandemic we have been fortunate and extremely grateful lo continue lo be supported by a small team of highly dedicated, hardworking and skilled volunteers and we are now pulling plans in place lo welcome our volunteers ba¢k in supporting us in new ways of working. One thing we are Sure of is that they have been gieally missed by everyone in supporting our staff and patients in the many areas of the hospice they truly are amazing people. We continue lo be proactive in gaining feedback from our $18ff and volunteers and we completed a staff post Covid~19 survey with the recommendations currently being implemenlgd We constantly strive ID engage with as wide a range of people as possible In all aspects of the hospice. lo enable us lo develop in a way which builds our organisalion's learning, understanding, trust and responsiveness. THE EAST LANCASHIRE HOSPICE TRUSTEES. ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Objectives and Activitles The principal objectives of the charity as sel out in the Memorandum and Articles of Association is lo provide specialist, supportive and end of life care for adults who are suffering from a life limiting illness lo the communities we serve in Blackburn, Darwen, Hyndburn and the Ribble Valley. We also aim lo collaborate and form partnerships with other providers of palliative care. different faith groups, cultural communities as well as diverse organisalions that support patients and their families living with a life limiting illness and make our specialist resources available lo them. Quality of care for patients and their families is al the heart of what we do at East Lancashire Hospice and our charitable activities are fo¢used on offering free care and support lo patients and their families from the moment they are informed that their illness is incurable regardless of diagnosis. Referra15 are accepted from a variety of health Care professionals and patients can self-refer lo many of our services with places allocated according lo need. The activities supporting these objectives are A len-bedded Inpalienl Unil where specialist palliative care is delivered by a mulli4isciplinary team A community team, which Consists of Clinical Nurse Specialists who work with General Praclilioners and other Health Care Professionals, and a Hospice al Home team who support the provision of palliative and end of life care in people's own homes. Support and Wellbeing Services consisting of Creative and Supportive Therapy Counselling Family Support Complementary Therapies Physiolherapy Oulp21ients Our services help support people with a life limiting illness from the first days of uncertainly through to the last days of life, death and bereavement. These services are offered irrespective of background or belief and we are commilled lo offer care based Dn need not diagnosis and we recognise the increasing need for high quality palliative care for people living with multiple conditions not just a single diagnosis such as cancer. We have a multi-disciplinary team covering all aspects of the work we do. Our philosophy of care is that we care for the whole person, and their family friends and carers. The wishes of each patient and their family is carefully assessed with relevant members of the multidisciplinary team so that they ¢an be supported in the way they want, be il physically, socially, emotionally, psychologically and lor spiritually. We respect each patient's priorities and slTive to enable them lo achieve their personal goals. Our clinica5 teams are supported by a range of support se￿1￿$ including facilities. domesliG, catering. adminislralion. finance and volunteers all play a key role in ensuring that patients and their families have the best possible care, The Care Quality Commission has a record of our activities and monitors us through information supplied dire¢t5y to them in the statutory nolificalions we make. in writing aboul events and changes to servi￿. The Care Quality Commission inspects the hospice and their report IS Posted on the commissions, website. There is a programme of planned reviews, whi¢h lake place on unannounced visits. On our last in inspe¢lion, we were classed as Oulslanding in Caring, Effective and Responsive and received an overall rating of Outstanding for the organisation. We have a comprehensive annual audit programme, lo ensure Compliance with legislation and best practice covering all aspects of the organisalion including clinical and non-clinical a¢livilie5. These are implemented and monitored through our Governan￿ structure lo provide the Trustees with asSuran￿S that we are compliant with our legal and slalulory obligations. The hospice ¢onlinuès lo play a part in the wider healthcare agenda through Palliative Care Locality Groups with East Lan¢ashiie and through the wider Network groups within Lancashire and South Cumbria. THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Strategic report Achievements and Performance We are proud lo continue lo have a CQC rating of oulslanding and despite this reassuring result we continue to review and act upon feedback as well as reviewing the effectiveness and efficiencies of what we do. Despite the many challenges that the pandemic has brought lo us we have continued lo operate our services to the people of Blackburn. Darwen, Hyndburn and the Ribble Valley. In order to achieve this, we have had lo in many ways adjust the way we work and deliver our services throughout the organisalion, however one thing has remained unchanged is that we have continued lo care and support people living with a terminal illness. We did this by looking into ourselves as people and as an organisalion to ensure that we were able lo do what we do be51 give excellent care and support to those who need us al the right lime, in the right place, by the right people. We continue lo have an honest and open relationship with our 2 local CCGS with a joint desire to enable everyone lo access good end of life care provision. We have worked closely with them to ensure future services artt designed lo meet the needs of the local population and are currently implernenling a single point of access with lo improve co-ordination of ¢are within the community. We continued lo work with our Pandemic Plan which was designed to SUPPDrt the hospice through the changes we envisaged we would lace in delivering services and ensuring our suslainabilily. 11 primarily focused on risk management and how we would protect patients, staff and volunteers lo provide safe services in the wake of the pandemic. Whilst the focus during this lime was adapting services lo meet changing demands, we also considered our future financial suslainabilily, the sGale of the ¢hallenge and consideration of the future. We re-assessed our fundraising strategy adapting and changing the ways we generated income making a new survival plan for the year whilst acknowledging the lulure changes needed as the pandemic continues lo an effect within the public arena and the way we live and work. The hospice continues lo play a role in the wider healthcare agenda through Palliative Care locality groups in the Lanca5hire and Cumbria Clinical Commissioning Group areas engaging with local commissioners arourid the suslainabilily and Iransformalion plan. We have continued with our premises modernisation progiamme. although if somewhat al a slower pa￿, whiGh has enhanced the environment and facilities lor patient's relatives and staff. We have worked with our commissioners to implement a single point ol access for patients within the community selling. Changed and adapted Servi￿ delivery throughout hospice services lo meet the changing demands of patients and their carers. Supported our NHS colleagues stepping up our services to support caring for patients in the community lo support unavoidable admissions to hospitals. Reacted quickly lo emerging priorities lo ensure Conlinuily of services both within the hospice and the communily. Developtsd new models of care for patients which enabled care and support to be delivered safely and ably lor all concemed. Developed new model of staff engagement and support at all levels throughout the organisalion lo support the changes and challenges this brought lo staff and their families. Engaged with staff re survey lo build an understanding of the cause and effect that the pandemic had. Invested in new ways of ¢ommunicalion lo build understanding and support. Reviewed our Income Generation strategy redesigning our retail and community fundraising services, focussing on marketing and social media. THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Reserves Policy and Going Concern The Board of Trustees review the reserves Policy of the charity annually. Finance Governance Committee monitors and reviews reserves reporting lo board on a quarterly basis. Reserves and investment reviews encompass all income and expenditure streams, the need lo match variable income with fixed commitments and longer-lerm plans for a sustainable future. Vlthen deficits o¢¢ur, we rely on our reserves lo enable us lo continue to provide hospice services for our patients and their families. The prudent approach, taken by the Board of Trustees, takes into consideration the current potential unstable position, in that grants received may significantly drop and offer no security in terms of long-lerm financial planning. The general policy remains one of a ¢autious approach in the event of a drop in CCG grant funding andlor voluntary income. Developments are planned for the upcoming years and include the following,. Review of community services lo meet the changing needs of palienls., Improving the garden and outdoor space foi patients and their families., Replacements lo patient equipment and enhancements lo patients facilities.. Continue to invest in educating our staff and volunteers lo &nsure we are fit for purpose., Continue to upgrade the hospice environment for patients and their relatives, carers and visitors. In 2020121 the hospice continued lo ensure sufficient available funds lo deliver a quality service focussed on sustsinabilily. The hospice remains lo be in a healthy position financially, lo provide a buffer for uninterrupted services whilst ensuring the hospice remains a going ¢on¢ern. The hospice reserves policy is that il should maintain a minimum of 24 months running costs. Total reserves as al 31 March 2021 were £15,128,675, of which £15,122,718 is unreslri¢led funds and £5,957 i reslricled funds. After the deduction from lolal funds of restricted funds, designated funds and tangible fixed assets the lolal reseNes aro £13,481,551. This reserves value currently represents no more than 44 months of budgeted expenditure, which meets the reseNes policy. Any unreslricled general funds, surplus lo the minimum reserves policy, will be used lo safeguard future financial suslainabilily and lo finance the short and long term development plans. some of which will require significant levels of funding. Reserves and inv&slmenls are reviewed each quarter in light of the major ¢h8llenges facing the organisation in terms of rising ¢osls, patient expeclalions. and challenges we faced as a consequence of the pandemic. Ensuring compliance with information governance and data protection remains high on the agenda and is incorporated into our 2020-2023 strategic objectives action plan. An organisalional risk register is monitored by the Goveman¢e framework. Investment Policy The Memorandum and Articles of Association of the East Lancashire Hospi￿ hold no reslriclions relating lo investments. The investments portfolio is monitored and managed on behaK of the Board of Trustees by the Finance Governance Committee which reports quarterly lo the board. All investment proposals and movements are reported lo the Board of Trustees for their approval. in order that the Trustees ¢an discharge their responsibilities in accordance with Section 4 of the Trustee Act 2000. The hospice aims lo generate growth and maximise returns within the parameleis of the risk profile. Combination of investments considered lo be low risk lup lo 80Q/ol and medium risk lup lo 20 %). THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Inve5tfnent Pollcy (contlnued) The two Investment Management companies, appointed in 2015116 and holding discretionary management of 20.￿ of the overall investment portfolio within a medium risk profile, both performed extremely well throughout 2020 considering the turbulence the stock markets experien¢ed in March 2020. Both investment portfolios look a rapid decline following the global financial impact of Covid-19, however soon returned lo normality in the weeks following the March 2020 annual report. The Finance Governance Committee is kept well informed and receives quarteily valuations of portfolios. The primary objective of the investment poliw is lo provide financial security and stability for the hospi¢e. The investment approach also recognises that the hospice is exposed lo the risk of a sharp fall in ils income due lo the variability of legacy incorme and donations and the uncertainty of funds from the NHS. To reflect this position the hospice continues to invest in a varied portfolio. Financial review This is our 36th year operating as East Lancashire Hospice and is our 13th year of being an independent charity. Overall, the hospice and shops have generated a nel surplus of £2,445,246 12019120.. lolal nel surplus was £2,144), comprising a suip5u5 of £2,487,889 in the hospi￿ and a loss of £42,643 in shops. This is mainly due lo investment gains of £1,833,804 in the year ended 31 March 2021. Total income, excluding unreali5ed gains on investments, has decreased overall this year by £327,039. and had we not re￿iVed NHS England and furlough funding the 2020121 year-end would have resulted in a deficit before investment gains of over £300K. We are most grateful lo all those that donale lo the hospice and those who wish East Lancashire Hospice lo benefit from their life savings by leaving a legacy lo us in their will. The hospice high5y depends on tho goodwill of local communities lo ensure sufficient funding is available for patient services lo operate. In addition lo our public donors and corporate supporters. hospice staff and volijnleers frequently offer their time. treasure and tslenls lo help plan and organise fundraising events and lo promote hospice services. Volunta Income Volulllary income remains under threat due lo the increasing number of charities, both local and national. that are competing for the same 'donor poijnd,. This is why our 2020-23 strategy is focused on our i)wn in¢ome generation aclivilies, in addition lo supporting our loGal ¢ommunilies and pulling our patients al the centre ol all that we do. Donations are slightly up by £7K and the £309.886 includes £12K12019120'. £101KI of donations representing the pioceeds from the sale of donated goods within the shops on which Gift Aid has been claimed. Legacy income is below budget and previous year's legacy income., when compared lo last year the decrease of £622K is mainly due lo receiving a large legacy with a value of £459K towards the end of the last financial year. Grant Fundin Clinical Commissioning Group ICCGI funding equates lo appToximalely 1131d of overall running costs, which means the hospice has lo raise over £2m lo achieve break-even. The Trustees are very grateful for the support provided by the 2 CCGS and they recognise the excellent working relationship that exists between the organisalions. Future grant funding in the longer-lerm still r&mains uncertain, which is partly the reason why we are holding onlo reserves. as well as holding investments lo gen@rale additional income for future years. Investments note Overall, gains on investments have significantly increased, this is mainly due to the timing of the portfolio valuations. Income generated from interest on deposit accounts this financial year is £63,980 being £30,172 less than last year 12019120.. £94,152), however gains on inveslmenls were valued at £1,833,804, being £2,293,760 more than last year12019120.. loss of £459,956). THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Financial revlew (contlnued) Income Generatlon To enable us lo continue lo provide our excellent spe¢ialisl supportive and end of life care our income generation team have had lo work especially hard this year to deal with the enormous challenges that the pandemic brought with il in terms of working with our communities lo geneiale the income we needed. Th& Income Generation Team quickly adapted lo face these challenges head on showing a ¢ommilmenl and determination lo generate the income that was needed to make sure our patients received the care they needed With income ceasing through community and hospice events and the closure of our stores and Café Retreat, engaging with our community in different ways meant there was a need for a rapid increase in our marketing activity lo look al how we leached people within their own homes and provide ¢hannels and ways to support us from their own homes. A family member, Steve Almond, allowed us lo share the emotive story of his late wife Anita's journey with a terminal illness and describe what the difference the support of the hospice made throughout the journey. This was sent lo 80,000 homes throughout the hospice foolprinl area and has lo dale generated £76,000. This will help us lo care and lo make the most of life, as is our hospice vision, for many others like Anita. Recruilmenl lo lottery membership via our door to door and in store canvassers had lo be paused, bul as our lollery members provide a sustainable inGome lo our cause, this will be resumed as soon as il can safely do so. Our new restaurant, Café Retreat, that had only the year previously opened lo the public, and had started to build 8 good reputation and customer base, overnight lost income, so ensuring a high social media presence throughout has been paramount lo keeping il in the forefront of our Customers minds and look fotward lo the day we can again open our doors, With all our shops having lo close during the pandemic the Board of Trustees made a decision to redesign our retail services. This has been a huge change that has been necessary lo ensure that retail remains a profitable source of income for the hospice. We have taken the very difficult decision lo Close three of our shops and build on the success of others in addition lo opening a new 'Boutique Style, store th81 fils with the demographics of the area that il is situated and follows the demand for 8 new shopping experience from customers. We have also expanded our Ecommor¢e service as this h85 been the biggest area of growth in retail for the whole sector during the lockdown period and has Changed the consumers shopping habits. Being adaptable and reacting quickly lo change has been the key over the last twelve months and we are now looking lo the future lo ensure our community ¢an still support us through whichevei method they choose, be il a lollery member, a customer in our Cafe or shops. make a donation or fundraise in a way they are able lo do so, we are extremely grateful and dependanl on their ongoing support. THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Financial review (continued) More information is provided on pages 33 35 regarding reslricled funds received. Our sin¢ere thanks go out lo everyone who has ¢onlribuled their lime, treasure and lalenls lo East Lancashire Hospice in the past, also to those that continue lo support the hospice now and in the lulure. liicome F￿1)draIsin& Lottery, Doiialions, Sliops, Mei-cliaiidise and Cateriiig Iiicoine Gift Aid £50,740 1.3P Iiiveslrt)enl Irtcoitte £63.980 1.6¢/0 1,092,496 Coiiiinissioning GI￿UpS fiindiiig £1,120,662 27.6°/ Legacie5 £187.317 4.60/0 Oihei. Graiits and £1,539,757 Income for the financial year ended 31 March 2021 lolalled £4,054.952, and the graph above shows percentages for each income stream. Expellditui'e SITrop5 & M¢irliaiidis Costs £647.488 18.8D/o Provi.%ion of Patient I Faniily Cait aiid Siippoi1 Costs £2.776.625 Pi'ofessiotial Costs £19,397 0.60/0 Total expenditure for the year ended 31 March 20211018lled £3,443,510, and the graph above provides details of the maior breakdowns. Total expenditure for this financial year decreased by £476,381, 810A of this year's costs related lo charitable activities and the remaining 190/0 was used lo generate income through fundraising and marketing. We envisage that costs lo maintain quality seNices will increase in lulure years. In order for us lo ensure that we deliver high slandaids of care and support lo our patients and their families, one of the main strategic objectives over the next 2 years strategy is lo concentrate on new or allernalive ways of generating income through fundraising, the hospice lollery and our retail oullels. 10- THE EAST LANCASHIRE HOSPICE TRUSTEES. ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Plans forFuture Periods We ¢onlinue lo work lo implement our strategic aims, bul obviously the changes we needed lo make in order for us lo effectively deal with the pandemic have quite rightly taken priority. However we are oplimisli¢ that along with the challenges that the pandemic has brought us there has been opportunities to learn ID work in different ways, fomi greater sustainable relationships with other providers and the community both in the way we provide services and our fundraising, and this will feed into our strategy as we begin lo refocus on our objectives for the coming year. Our vision continues to be to help everyone who comes into contact with the hospice lo make the most of lif&. We do this by commilling lo care, listen, respect and work together to support people lo live well until they die and support those affected by death. Our vision has not ¢hanged although due lo the impa¢l ol Covid-19 the way we deliver services in the future potentially will. This past year has shown what an incredible team we have and we will continue to challenge ourselves both as people as an organisation to ensure we are flexible and adaptable playing a key part in keeping our communities safe. cared for and supported in the best way we can. Our overar¢hing aim remains the Same lo reach and support more people within our community whilst ensuring we remain financially viable both now and in the future. Our priorities for the year ahead will be.. Maintain East Lancashire Hospice's rating of Oulslanding by safely delivering quality care lo patients, lo families and carers an appropriate range and quality of integrated services. which are structured lo provide accessible responswe and achievable holistic cenlred care Work in partnership and collal)oralion with other providers lo achieve a shared vision lo enable the best oul¢omes for patients and their families within our Communities focusing on providing the right care in the right place al the right lime Review our IT infraslruclure to enable us lo be fil for purpose Deliver care and support through an integrated staff and volunteer workforce of empowered people which includes investing in our staff and offering quality and flexible opportunities for volunteers Relain and build upon maintaining a visible profile of being well known, respected and valued whilst continuing to develop new and sustainable relationships wth key partners Develop andlor ie-design existing community and support services lo ensure we are fil for purpose, working with key stakeholders to ensure appropriateness of any proposed new Servi￿ developments Continue lo be financially robust and prudent in all that we do lo ensure that we use all our resources as efficiently as possible lo achieve the greatest impact for patients and their families Continue with our programme of refurbishment lo ensure our palionls have seamless ¢are in a comfortable and Iherapeuli¢ environment Implement sustainable income generation inttiatives lo work within our changed environmenv community Principal Risks and Uncertainties The Board of Trustees acknowledge their responsibility in identifying major risks lo whi¢h the hospice may be exposed and there is a formal process of risk managem&nl throughout the organisalion. The Trustees have examined the major strategic and business risks that the chaiily faces, and confirm systems are established lo enable regular reports to be produced so that the reasonable steps can be taken lo minimise risks. 11- THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2021 Prlnclpal Rlsks and Un¢ertalntles (contlnuedj Finan¢8." Good co-operation continues lo exist with our two Clinical Commissioning Groups who support the grant funding of the hospice. The most significant risk to financial suslainabilily of the hospice is the potential for a rapid delerioralion in income, followed immediately with a corresponding reduction in incorne. Therefore, our reserves are planned to cover the maximum foreseeable reduction in income over a period of 24 months. Incom6 Generation.. We ale always conscious of minimising the costs of our fundraising activities lo ensure we are making the best use of the geneious donations we receive. We a150 work to ensure that we can report back lo our donors on the results and impacts that their donations have on patients and their families. All our income generation is managed inlemally by OL*r Income Generation team who are responsible for all volunteers who support our fundraising. We continue lo hard lo ensure our supporters data as well as developing our systems lo ensure that our supporters can choose how they would like lo be contacted and with what types of ¢ommLJni¢alion, We are also aware that we have increasing competition as more and more charities compete foi the same pols of money. Retail sales within the high street shops remains uncertain and this will be closely monitored as our shops re- open. Dala Protection and Confidentl81ity.' These are vital to our organisalion and we are fully aware of the repulalional risks posed by 'so¢i81 media. such as'Facebook' and 'Tw￿ller,. Approach to Fundraising We are commilled to pracli¢ing tho highest standards and we lake care to ensure all OLJr fundraising aclivilies rellecl the hospice value5. We are registered with the Fundraising Regulator and as such monitor ourselves against their recognised standards ensuiing that all our fundraising activity Complies with tha Fundraising Regulators Code of Fundraising Standards. How w8 work with and oversee any commercial participatorslprofessional fundraisers This is fully covered within our policiès which are supported by a standard operating procedure which includes a formal agreement that is monitored within our Governance Framework. Confomiation to Regulations Standards Compliance is managed by our Fundraising and Lottery Manager, and is governed through our Risk Management Governance Committee. This ensures that fundraising activity is fu51y compliant with legislation and regulalions and we have internal policies which reflect these. We have a risk management policy so as lo minimise or as far as il is reasonably practicable eliminate any risks ID patients, staff or volunteers, supporters and members of the public in relation lo our fundraising aclivily. Staff identify and assess risks and pul necessary prevenlalive controls in place. Fundraising Complaints No fundraising complaints have been received. How We Protect Vulnerable People and Members of the Public All our supporters are Irealed as individuals and we have policies and systems in place for ensuring that vulnerable people are recognised and Irealed 8Gcordingly. 12- THE EAST LANCASHIRE HOSPICE TRUSTEES, ANNUAL REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 East Lancashire Hospl¢è Lottery External lotlgry canvassing was put on hold during 2020121 due lo national and local r•slrictions due lo th8 pandemic. On average, 780/0 of thè money ralsed by the weekly lollery is Profil. that's over Iwlce the amount of some other lollerles, and means that this year over £300K has gone directly lo helping lo care for patients with life limiting illnesses. Of Ihe remaining 220A, this is mad8 up of draw prizes In the main, also promotion, regulation and investing in our lollery to ensure we have a sustainable income for years lo come. Statement of Tru$tee$' re8pon$lbllltlo$ The Trustees {who arg also directors of The East Lancashlre Hospi¢e for the purposes of company lawl are responsible for preparing the Trustees, Annual Report (including the Strategic Report) and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acceplfjd A¢wunling Practicfjl. Company law requires the Trustee8 to prepare financial slalemenls for each financial yeaT, which give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resourc8s, including the income and expenditure, of the charitable company for that period. In prepaying Ih&s8 financial slalemenls, the Trusl88s are requlred lo.. select suitable accounting policies and then apply them consislenlly.. observe tho molhods and principles in Ihg Charilios SORP 2019 IFRS1021', make judgements and estimates that are reasonable and prudent., slate whether applicable UK a¢counling standards have been followed. subject lo any material departures disclosed and explained in the financial slalement8', prepare the financial sialemenls on the going concern basis unless it is inappropriate to presume that the charily will continue in operation. The Trustees are Tespon5ible for keeplng adequate accounllng records that disclose with reasonable accuracy al any lime the financial position of the charitable company and enable Ih8m lo ensure that the finan¢lal stslgmènls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and honce for taking reasonablg steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware, there Is no relevant audll InformatSon of which the charitabl8 Company's auditor is unaware, and the Trusle8s have takèn all steps that they ought lo hav& lakgn lo make Ihgms8lve8 aware of any relevant audit information and lo establish that the auditor Is aware of that information. Auditor A resolution proposing that MHA Moore and Smalley be rè-appointed as auditor of the ¢har¢ty will be put to the Annual General Meeting. This rèport. whl¢h Incorporat88 the Stratggic Rgport, was approved by th8 board of Trustees on signed on its behalf .I,.:.[sl and Mr F G Pa￿- Chairman 13- THE EAST LANCASHIRE HOSPICE INDEPENOENT AUDITOR'S REPORT TO THE MEMBERS OF THE EAST LANCASHIRE HOSPICE Opinion We have audiled the financial sla18menis ol The East Lancashire Hospice Ilhe 'parenl charitable company'l and ils subsidiary (the 'group'l for the year ended 31 March 2021. which comprise Group Statement ol Finaricial Aclivilies, Company Statement of Financial Aclivilies, Group Balance Sheet, Company Balance Sheet, Group Cash Flow Statemgnl and notes lo the flnanclal slatamenls. including signllioanl accounting policies. The financial reporting framework that has been applied In Ihelr preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland, (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. givè a true and fair view of Ihg slate of the group'5 and parent charitable cornpany's affairs as al 31 March 2021, and of group's incoming resources and application of resources, including ils incorne and expenditure, lor the yea¥ then ended., have been proptrrfy prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢lice,' and have been prepared in accordan￿ with the requirements of the Companies Act 2006. Basls for opinion We ¢onducled our audit in accordance with International Standards on Audlllng {UKI IISAS IUKII and applicable law. Our responsibililies under those standards are lurlher described in the Auditor's responsibilities for the audit of the financial slalemgnls section of our report. We are indèpendent of the group and parenl charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our olhar ethical responsibilities in accordance with Ihase rgquiremenls. We beliève that Ihg audit 8vidence we have obtainèd is SLJfficient and appropriate lo provlde a basis for our opinion. Conclusions mlatlng to going concern In auditing the financial slalements. we have concluded that the Iruslees, use ol the golng con¢e¥n basis of accounting in the preparation of the financial slalemenls is appropriate. Based on the work w6 have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubl on the group's or parent charitable company's ability lo continuo as a going concem for a period of at least twelve months from when th8 financial slalèmenls are authorised for issue. Our Tesponsibllilles and the responslbllllles of the Iruslees with respect to golng con¢em are described in the relevant sections of this report. Other informatlon The other information comprises the information included in the Iruslees, annual report, other than the financial slalements and our audilor's report Ihereon. The Irusle¢s are responsible for the other informatlDn contained within the annual report. Our opinion on the financial slalomenls does not cover the other informalion and. except lo the extent otherwise explicitly staled in our report, we do not express any form of assurance concluslon Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is malerially inconsislenl with th¢ financial slalemenls or our knowledge obtained in the course of Ihg audit or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misslalemenls, we are required lo delemine whether this gives rise lo a material misslatemenl in the financial slalemenls themselves. If, based on the work we have performed, we conclude that there is a material misslalemenl of this other information. we are required lo report that fact. 14- THE EAST LANCASHIRE HOSPICE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE EAST LANCASHIRE HOSPICE ICONTINUEDI other information Icontinuedl We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Iruslees, report {incorporaling the strategic report and the dire¢tors' report) for the financial year for which the financial slalemenls are prepared is ¢onsi51enl with the financial stalemenls., and the strategic report and the directors. report have been prepared in a￿OrdanCe with applicable legal requirements. Matters on which we are requlred to report by exception In the light of our knowledge and understanding of the group and parent charitable company and ils environment obtained in the Course of the audit, we have not identified material misstslements in the stialegic report and the directors, report. We have nothing lo report in respect of the following mallers in relation to which the Companies A¢1 2006 requires u8 to report lo you if, our opinion.. adequate accounting records have not been kept by the parent charitable company. or returns adequate for our audit have not been received from branches not visited by us.. or the parent charitable company's financial slalemenls are not in agreement with the accounting records and returns., or certain disclosures of directors, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. Respective responsibilitios of the trustees As explained more fully in the Iruslees, responsibilities statement sel out on page 13, the trustees (who ar& also the directors of the charitable company for the PLJrposes of company lawl are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial statements that are free from material misstslemenl, whether due lo fraud or error. In preparing the financial slatemenls, the trustees are ￿spOnSible for assessing the group's and parent charitable company's ability to continue as a going concern, disclosing, as applicable, matlers related lo going concern and using the going concern basis of accounting unless the Iruslees either intend lo liquidate the group or the parent ¢harilable company or lo cease op6ralions. or have no realistic alternative bul to do so. 15- THE EAST LANCASHIRE HOSPICE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE EAST LANCASHIRE HOSPICE ICONTINUEDI Auditor's responsibilities for the audit of the flnanclal statèmènts We have been appointed auditor under the Companies Acl 2006 and report in 8c¢ordan¢e with this Act. Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalemenl, whether due lo fraLJd or error, and lo issue an audilorfs report that includes our opinion. Reasonable assurance is a high level ol assurance, bul is not a guarantee that an audit conducted in accordance with ISAS (UK} will always delecl a material misslalemenl when it exists. Misslalemenls can arise from fraud or error and are considered material if. individually 01 in the aggregate, they could reasonably be expected lo Influen￿ the economic decisions of users taken on the basis ol these financial slalemenls. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo delecl material misslalemenls in respect of irregularities, including fraud. The specific procedures for this engagement and the exlenl lo which these are capable of detecting irregularities, including fraud is detailed below.. Enquiries with management about any known or suspected instances of non-compliance with laws and regulations.. Enquires with management about any known or suspected instances of fraud.. Review of minutes of board meetings., Examination of journal entries and other adjuslmenls lo lesl for appropriateness and identify any instances ol management override of ¢onlrols', Review of legal and professional expenditure to identify any evidence of ongoing liligalion or enquiries. Because of the inherent limilalions of an audit, there is a risk that we will not dele¢l all irregularities, including those leading lo a material misstatement in the financial slalemenls or non-compliance with regulation. This risk increases the tnore that ¢ompliance with a law or regulation is removed from the events and IransaGlions reflected in the financial slalemenls, as we will be less likely lo become aware of instance5 of non-compliance. The risk is also giealer regarding irregularities occurring due lo fraud rather than eiror, as fraud involves intentional concealment, forgery, collusion, omission or misrepresenlalion. A further description of our responsibilities for the audit of the financial slalemenls is located on the Financial Reporting Council's website al.. www.frc.org.uklaudilorsresponsibililies. This description fomis part of our auditor's report. Use of report This report is made solely to the charitable company's members. as a body, in accordance with the Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charitable company's rllembers those matters we are required lo slate lo them in an auditor's report and lor no other putpose. To the fullest exlenl permilled by law, we do not accept or assurne responsibility lo anyone other than the charitable company and the charitable company's members as a body, for our audit work. for this report, or for the opinions we have formed. Christine Wilson (Senior Statutory Auditor) For and on behalf of MHA Moore and Smalley Chartered Accountants & Statutory Auditor Richard House, Winckley Square, Preston. PR13HP Dale, .17.112120.21 16- THE EAST LANCASHIRE HOSPICE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2021 Unr85tricted funds R85tricted fund$ Total funds 2021 Total funds 2020 Note Income from Donations and legacles.. Donations and gifts Legacies 309.886 187.317 309,886 187,317 302,725 809,878 Charltablg activlli•s.' Clinical Commissioning Groups Other grants Catering and other income 1,120,662 509,212 42.895 1,120,662 510,321 42,895 1.105,190 526,942 89,828 1.109 Other tradlng actlvltles.. Goods for resale Fundraising events Lollery Shop 12,938 314,314 429,292 33,911 12,938 314,314 429,292 33.911 22,156 571,762 442,903 336.455 Investments 63,980 63.980 94,152 Other Income 336,023 693,413 1,029,436 80,000 Total income 3,360,430 694.522 4.054.952 4,381,991 Expgndlturg on Raising funds Charitabl& 8clivilies 647,488 2 044.286 647,488 2 796 022 823,833 3,096,058 751,736 Total expandlture 2,691,774 751,736 3.443.510 3.919,891 Net income before other galns and losses 668,656 157,214) 611.442 462,100 Galnllloss} on Investments 1,833.804 1,833,804 1459,9561 N•t Income for th• yoar 2,502,460 {57,214) 2,445,246 2,144 Transfers between lunds Net movement in funds 2,502.460 {57.214) 2.445,246 2,144 Reconclllatlon of fund$: Total funds brought forward 12,620,258 63,171 12.683,429 12,681,285 Total funds carried forward 15,122,718 5,957 15.128,675 12,683,429 All of the above results are derSv8d from conllnulng a¢tlvllie8. All gains and losses recognisèd in tho year are included above. The surplus for the year lor Companies Act purposes comprises the nel Incomlng resources for the year n81 of unrealised profits and losses on investments and was £611,44212020'. £462,100). 17- THE EAST LANCASHIRE HOSPICE CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2021 Unrestrlcted Restrlcted Total funds Total funds funds lunds 2021 2020 Note Flxed assets Tangible fixed assets Investments 12 13 1,641,167 9.649,353 4.384 1,645,551 9,649,353 1,750.677 7,779,936 11.290,520 4,384 11,294,904 9,530,613 Current assets Stock Debtors Cash on bank depo811 Cash al bank and in hand 4,186 468,158 3,946.043 198,289 4,186 468,158 3,946.043 199.862 4,186 690,182 3,051,042 173,384 14 1,573 4,616.676 1.573 4,618,249 3,918,794 Créditors: amounts falling due within one year 15 1784,478) 1784.4781 1765,9781 Net ¢urr•nt assots 3,832,198 1.573 3.833,771 3.152,816 Net assets 15.122,718 5,957 15,128,675 12,683.429 R¥pro$èntèd by: Total funds 16 15,122,718 5,957 15,128,675 12,683,429 These financial slalemenls wero approved by the Trustees on behalf by.. and signed on Ihelr Mr F G Parr- Chairman Mrs A R Pallistar- Trustee 18- THE EAST LANCASHIRE HOSPICE BALANCE SHEET AS AT 31 MARCH 2021 Unrastrlctod Restrlcted Total funds Total funds funds funds 2021 2020 Note Fixed assets Tangible fixed assets Investments 12 13 1,641,167 9,649,453 4.384 1,045,551 9.649,453 1,750,677 7.780.036 11.290,620 4.384 11.295,004 9,530,713 Current a$$ets Stock Debtors Cash on bank doposII Cash al bank and in hand 3,000 485,255 3.946.043 190.803 3,000 485,255 3,946.043 192.376 3.000 702,831 3,051,042 146.397 14 1,573 4,625.101 1,573 4,626.674 3.903,270 CreditOTS.' amounts falling due within one year 15 1755,4071 1755,407) 1755,6011 Net current assets 3,869,694 1,573 3,871,267 3.147,669 Nat a$sot$ 15.160,314 5,957 15.166,271 12,678,382 Representgd by: Total funds 15,160,314 5,957 1 5,166,271 12,678.382 These financial statements were approved by th8 Trustees o behalf by.. signed on th￿r MrFGParr-Ch man Mrs A R Pallister- Trustee Company Registration Number: 03755216 19- THE EAST LANCASHIRE HOSPICE CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Nel income for Ihe year 2.445.246 2.144 Adjustments for.. Investment income IGainl I loss on inveslrnenls Depreciallon Profil on disposal of fixod assets Decrease l {increase} in debtors Increase in creditors 163,9801 11,833,804) 118,670 14,3501 222,024 1B,500 194,1521 459.956 305.804 11001 1347.7381 38,455 Nat cash provided by opèratlng activities 902,306 364,369 Cash flows from Inv•stlng actlvltles: Investment income Purchase of tangible fixed assets Recelpls from sales ol fixed assets Purchase of investments Proceeds from sale of inveslm¢nts Movement in cash held as inv8slmenls 63,980 94,152 113,5441 191.7SOI 4,350 600 1521,5281 13,678,716) 254,364 1,361,772 231,551 1228,7421 Net cash provlded by l {used Inl Invostlng a¢tlvltl8S 19.173 12.542,684} Change in cash and cash 8quivalents in the year 921.479 12.178,31 $1 Cash and cash equivalenis al the beginning of the year 3.224.426 5,402.741 Cash and cash oquivalents at th• end of th8 year 4,145,905 3,224.426 Analysls of cash and cash equlvalénts Cash in hand Cash at bank 1,149 4,144,756 2,764 3.221,662 4,145,905 3.224,426 Total group cash and cash equiva18nts includes a lolal of £1,573 {2020'. £11.7781 relating lo reslricled funds. -20- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies Basis of preparation The financial statements have been prepared in a¢cordan¢e with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their a¢wunls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in OclDber 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. the Charities Act 2011, the Companies Acl 2006 and UK Generally Accepted Accounting Pra¢lice. The financial slalemenls have been prepared under the historical cost convention. with the exception of inveslmenls which are included al market value. The East Lancashire Hospice meets the definition of a public benefit enlily under FRS 102. The Slalemenl of Financial Activities ISOFAI and balance sheet consolidate the financial slalemenls of the charity and ils subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The charity has availed itself of Paragraph 411} of Schedule 1 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 and adapted the Companies Act formals to reflect the special nature of the charity's activities. No separate SOFA has been presented for the ¢harily alone as permilled by Section 408 of the Companies Act 2006. The parent company's suiplus for the year for Companies Act purposes was £2,487,88912020'. £2,060). Going concer The trustees are required to assess whether the use of going concem is approprialo, i.e. whether there are any material uncertainties related lo events or conditions that may cast significant doubl on thè ability of the charity lo continue as a going concern. The Trustees make this assessment in respect of period of al least one year from the dale of aulhorisation of the accounts. The ongoing impact of Covid- 19 is not Considered by the Iruslees lo be likely lo create material uncertainties in relation to going concern. The Iiuslees and managerllenl have put plans in place lo manage the situation and monitor reserves levels. Al the dale of approving these accounts, the Iruslees have a reasonable expectation that the charity will be able to manage the situation and that il has sufficient cash rèsources lo enable il lo meet ils liabilities as they fall due for at least 12 months from the date of approval. Thus the Iruslees continue lo adopt the going Concern basis of ac¢ounling in preparing the financial statements. Company status The company is a company limited by guarantee. The members of the company are the TTusletss named on page 1. In the evenl of the company being wound up, the Irability in respect of the guarantee is limited lo £10 per member of the company. Fund accounting General funds are unrestricted funds, which are available for use al the discretion of the Trustees in furtherance of the general objectives ol the charity and which have not been designated for other purposes. Designated funds are set aside by the Trustees out ol unrestricted general funds for specific purposes or proje¢ls. Reslricled funds are those lo be used in accordance with specific reslriclions imposed by donors or which have be&n raised by the charity for particular PLJrposes. The cost of raising and administering such funds are charged against the speGifi¢ fund. The aim and use of ea¢h reslri¢led tund is sel out in the notes lo the accounts. -21- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Accountlng policies Icontinuedl InGome Income is recognised when the charity has enlillemenl lo the funds, any performan￿ ¢ondilions attached lo the ilemlsl of income have been mel, il is probable that the in¢ome will be reGeived and the amount can be measured reliably. Income from government and other grants, whether 'capilal' grants or 'revenue' grants, is recognised when the char￿Y has enlillemenl to the funds, any performance conditions attached lo the grants have been mel, il is probable that the income will be received and the amount can be measured reliably and is not deferied. For legacies, entitlement is taken as the earlier of the dale on which either.. the charity is aware that probate has been granted, the eslale has been finalised and nolrficalion has been made by the execulorlsl lo the Trust that a distribution will be made, or when a dislribulion is received from the eslale. Re￿Ipl of a legacy. in whole or in part, is only considered probable when the amount ¢an be measured reliably and the charity has been notified of the executor's intention lo make a distribLJlion. Mhere legacies have been notified lo the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been mel, then Ihe legacy is a treated as a contingent asset and disclosed if material. Income received in advance of an event or provision of other specific provision of other specified Servi￿ il is deferred until the criteria for income recognition are mel. Trading income is recognised al the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown nel of VAT and other sales related taxes where applicable. Income from the sale of goods is iecognised when the significant risks and rewards of ownership of the goods have passed to the buyer lusually on dispatch ol the goods), the amount of revenue Can be measured reliably, il is probable that the economic benefits associated with the Ir8n5aclion will flow lo the enlily and the costs incurred or lo be incurred in respect of the transaction Can be measured reliably. Lollery income is accounted for when received, lo the exlenl that tho Company has a right to consideration arising from the performance of its conlraclual 8rr8ngemenls. Interest on funds held on deposit is included when re¢6ivable and the amount can be measured reliab￿ by the charity.. this is normally upon nolilicalion of the interest paid or payable by the Bank. Donated services and facilities Donated professional services and donated facilities are recognised as in¢om¢ when the charity has control over the item, any conditions associated with the donated item have been mel, the receipt of economic benefit from the use by the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021. no amounts are included in the financial slalemenls for services donated by volunteers. On receipt. donated professional services and donated facililies are recognised on the basis of the value of the girt to the charity which is the amount the ¢harily would have been willing lo pay lo obtain services or facilities of eqLJivalenl e¢onomi¢ benefit on the open market,. a cotresponding amount is then recognised in expenditure in the peiiod of receipt. Expenditure Expenditure is recognised once there is a legal or ¢onslru¢live obligation lo make a payment lo a third party, il is probable that selllemenl will be required and the amoulll of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related lo the category. ￿￿ere costs cannot be directly atlribuled lo particular headings they have been allocated lo aclivilies on a basis consislenl with the use of the resources. -22- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Accounting policl8s Icontlnuedl Expenditure Icontinuedl Detailed analyses of the expenditure, including irrecoverable VAT where applicable, are provided in the notes lo the accounts. Tangible flxed asset5 Tangible fixed assets costing more than £1.000 are Capilalised and included at ¢osl including any incidental expenses of acquisition. Oeprecialion is provided on all tsngible fixed assets al rates calculated lo write off the cost on a straight line basis over their expected economic lives as follows.. Short leasehold building improvements Fixtures. fillings and equipment over the period of the lease over 5 years Investments Investments are initially recognised al their transaction value and subsequently measured al their market value as al the balance she&l dale. The slalemenl of financial activities includes the nel gains and lossos arising on revaluation and disposals throughout the year. All gains and losses are taken lo the slalemenl of financial a¢twilies as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent lo the first day of the financial year. Unrealised gains and losses are ¢al¢ulaled as the difference between the fair value al the year end and their Carrying value. Realised and unrealised investment gains and losses are combined in the Slalemenl of Financial Activities. Stock Stock is included at the lower of cost and nel realisable value. Items donated for resale or distribution are not included in the financial statements until they are sold or dislribuled, on the basis that il is considered impractical lo measure the fair value of goods donated for resale, and the costs of valuation outweigh the benefit to users of the accounts and the charity of this information. Debtors Trade and other debtors are re¢ognised at the settlement amount due after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. Creditors CredilDrs are recognised where the charity has 8 present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo settle the obligation Can be measured or eslimaled reliably. Creditors are normally recognised al their settlement amount after allowing for any trade discounts due. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic linan¢ial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured at their selllemenl value. -23- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ountlng policies Icontinuedl Operatlng leases Rentals applicable lo operating leases are charged to the SOFA on a slraighl line basis over the term of the lease. Pensions The Gompany operates a defined contribution pension scheme. The assals of tho scheme are held separately from thos& of the company in an independently administered fund. Conliibulions payable for the year are charged in the SOFA. The company also contributes lo a mulli-employer defined benefit scheme. As the proportion of the fund attributable lo The East Lancashire Hospice cannot be calculated this scheme has been Irealed as if il was a defined ¢onlribulion scheme. Taxatlon The company is a regisler8d charity and therefore exempt from laxalion. Government grants Government grants are recognised al the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be mel and the grants will be received. A grant that sp¢cifies performance conditions is recognised in income when the perfom)ance ¢ondilions are mel. Where 8 grant does not specify performance conditions il is recognised in income when th6 proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. Judgements and key sources of estimation uncertainty In the application of the charity's accounting policies, the Tru51e&s are required lo make jLJdgemenls, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are Gonsidered lo be relevant. Actual results may differ from these eslimales. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are re¢ognised in the period in which the estimate is revised Whe￿ the revision affects only that period. or in the periort of the revision and future periods where the revision affects both current and future periods. The Trustees do not believe that there are any estimates and assumptions which have a significant risk of causing a material adiuslmenl to the cairying amoLJnl of assets and liabilities. -24- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Income Unrestricted funds Restricted funds 2021 Donations and legacies.. Donations and gifts Legacies 309.886 187,317 309,886 187,317 Charltable activities- Clinical Commissioning Groups Other grants Catering and other income 1,120,662 509.212 42,895 1,120,662 510,321 42.895 1,109 Other trading activities.. Goods for resale Fundraising events Lollery Shop 12,938 314,314 429,292 33,911 12,938 314.314 429,292 33,911 Investments 63,980 63,980 Other income (see below) 336,023 693.413 1,029,436 3.360.430 694.522 4.054,952 Other unreslricled income comprises £228,439 12020.. £nill Coronavirus Job Retention Scheme I'CJRS'I income, £89,580 12020.. £nill insuran¢e proceeds due lo business inleTruplion. and £18,004 12020.. £80,000) of Retail Grants. Other restricted income wmprises £693,41312020.. £nil} of NHSE funding. -25- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Income Icontinuedl Unrèstricted funds Restricted funds 2020 DonatlOA15 and legacies.. Donalioi?s and gifts Legacies 302,547 809,878 178 302, 125 809,878 Charitable activities.. Clinic&1 Commissioning Groups Olhgr grants Catering and olherinGome 1, 105. 190 492,93T 89,828 1, 105, 190 526,942 89.828 34.005 Othor trading activities.. Goods forresale Fundraising events Lottery Shop 22, 156 5T1, 162 442, 903 336,455 22, 156 571, 762 442,903 336,455 Investments 94, 152 94.152 Other income 80,000 80,000 4,347,808 34, 183 4,381.991 Expenditure Direct costs Support costs Inote 41 2021 Expenditure on ralsSng funds: Goods for resale Fundraising events Lollery Shop Investment management costs 3,873 219,683 99,592 251,679 25,688 1,204 28,907 16,862 5,077 248,590 116,454 251,679 25,688 600,51 S 46.973 647,488 Expèndlturè on charitable activities: Hospice {nole 51 2,361,215 434,B07 2.796,022 2.961,730 481,780 3.443,510 26- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Expenditure Icontinuedl Direct costs Support costs (note 4) 2020 Expendlture on ralslng funds.. Goods for resale Fur3draising events Lollery Shop Investment man4g8m8nt Costs 10,221 244, 124 160,818 331,231 25,770 1.325 31.796 18,548 11,546 275,920 179,366 331,231 25,770 772, 164 51,669 823,833 Expenditure on charitable activities.- Hospice (note 5) 2,617. 791 4T8.267 3,096,058 3.389.955 529.936 3.919,893 All expenditure on raising funds was unreslricled in the current and previous year. Support costs 2021 2020 Salaries Motor and travel Printing and stationery Postage Telephone Computer support Other staff costs Sundry expenses 420.365 222 9,474 7,092 12.329 24,486 7.309 503 464.194 638 13,152 11,531 10,104 20,890 8.578 849 481,780 529.936 27- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Expenditure on charitable activitie5- Hospice Hospice and Bpecialised palliative care 8ervices 2021 2020 Salaries Training and recruilmenl Property costs Provision of care services Repairs and maintenance Motor and travel Sundry Depreciation Irrecoverable VAT Governance costs Inole 61 Support Costs allocated 1,914,510 8,668 86,185 85,823 88,250 9,879 25,437 118,670 4.878 19.397 434,325 1,968,784 14,525 81,758 96,290 94,757 17,665 13,931 305,704 6,702 18,205 477,737 2,796.022 3,096.058 Expenditure on charitable actThiities was £2,796,022 12020.. £3,096,058) of which £2,044,286 was unreslricled12020.. £2,990.5661 ancl £751.736 was reslricled12020.. £105.4921. Governance costs 2021 2020 Audit Trustees. liability insurance Legal and professional fees Support Gosls allocated 7,225 907 10,783 482 6,900 907 9,868 530 19,397 18.205 Net income 2021 2020 Slated afterchawing.. Deprecialitsn Operating leases Cost of stock recognised as an expense Audit fee- charity and consolidated accounts Audit fee- subsidiary 118,670 86,995 5.077 5,550 1,675 305,804 86,606 15,021 5,300 1,600 -28- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Analysis of staff costs. Trustee remuneration and expenses, and cost of key management personnel 2021 2020 Payroll costs w&r8 Wages and salaries Social security costs Pension costs 2.221,772 189,764 196,488 2.343,058 200,874 204,609 2.608,024 2.748,541 The number of employees whose remuneration for the year exceeded £60,000 was.. 2021 2020 £90,000 to £99,999 Of the employees whose remuneration exceeded £60,000, there are two employees {2020'. two) accruing benefits under defined benefit pension schemes. Analysls of staff costs, Trustee remuneration and expenses, and cost of key managemont personnel Icontinuedl The Trustees were not paid or received any other benefits from employment with the ¢harily or its subsidiary in the year12020'. £nill neither were they reimbursed expenses during the year12020.. £nill. No charity Trustee received payment for professional or other services supplied lo the charity 12020.. £nil}. Trustees made donations lo the charity lolalling £46512020.. £1,126). The key management personnel of the group cornprise the key staff identified in the Trustees. Annual Report. The lolal employee benefits of the key management personnel of the group were £344,476 12020.. £309,685}. Staff numbers The average monthly head count was 97 staff 12020.. 111 staffj. being 67 12020.. 771 care staff, 17 {2020.. 191 fundraising staff, and 1312020.. 151 administration staff. 10 Related party transa¢tions There were no related party transactions during the current or prior year, apart from any disclosed above relating lo the Truslees. -29- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 11 Penslon commltments The charity participates in a Mu￿1-eMploYer defined benefit scheme, operated through the National Health Service. The assets ol the scheme are held separately by the National Health Service Superannuation Scheme. Conlribulions lo the scheme are charged lo the slalemenl of financial activities as these are incLJrred. This pension scheme does not have a real pension fund but, as a slalijlory s¢heme, benefits are fully guaranteed by the Government. Contributions from both members and employers are paid lo the ExGhequer. whiGh meet the ¢051 of in¢reasing benefits each year by the rale ol inflation. This extra cost is not mel by contributions from scheme members and employers. As a result of the nature of the pension scheme, there are no separale5y identifiable assets and liabilities which can be identified as relating to The East Lancashire Hospice. Therefore. as perrllilled by FRS1 C>2, the scheme has been accounted for as a defined contribution scheme. The charity also operates a stakeholder defined Contribution scheme. The total contributions made during the year represent contributions lo the funds of £196,488 12020.. £204.6091. Al the year enLI the charity had oulslanding contributions of £26,78212020'. £30.8611. 12 Tangible fixed assets Short Flxtures, Leasehold Fittings. Building Equipment Improve- & Motor ments vehicles Charlty Subsldiary Total Fixtures, Fittings, Equipment & Motor vehicles Group Total Cost Al 1 April 2020 Additions Disposals 4,212,179 6,340 501,554 7,204 4,713,733 13,544 120,795 4,834,528 13,544 178.5311 178,5311 At 31 March 2021 4.218.519 508.758 4.727.277 42.264 4,769,541 Depreciation At 1 April 2020 Charge for the year Eliminated on disposals 2,600,633 61,658 362,423 57,012 2.963,056 118,670 120,795 3,083.851 1 fj8.670 178,5311 178,5311 At 31 March 2021 2,662,291 419,435 3,081,726 42,264 3,123,990 Net book value At 31 March 2021 1,556,228 89,323 1,645,551 1,645,551 Al 31 March 2020 1,611,546 139,131 1,750,677 1.750,677 Total group fi'xed assets include a lolal of £4.38412020'. £51,393) relating to restricted funds. 30- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 13 Fixed asset investments Group 2021 Charity 2021 2020 2020 Investments in subsidiary companies Other investments 100 9.649.353 100 7,779,936 9.649.353 7,779,936 9,649.353 7,779,936 9,649.453 7,780,036 All fixed asset inveslmonls relat& lo unrestricted funds in both 2021 and 2020. Investments in subsidiary companies The charity owns the whole of the issued share capital of The East Lancashire Hospice Shops Limited (Company number 046607031. which is incorporated in England and Wales. The subsidiary is used for non-primary purpose trading. namely the sale of donated goods through several shops. All activities have been consolidated on a line by line basis. In the opinion of the Trustees, the investment in the charity's subsidiary undertaking is worth al least the amount al which il is slated in the balance sheet of £100. A summary of the results for the trading company as show below.. 2021 2020 Turnover- shop sales Cost of sales 33,911 15.0771 336,455 {15,0211 Gross proflt 28,834 321,434 Adminislralive expenses Other operating income {246,6021 175,125 131 $,2101 80,000 (Loss} I profit for the year 142,6431 85,224 AmoLJnls girt aided lo charity {85,1401 Retained1105sI I profit for the year 142,6431 84 Retalntrd earnlngs brought forward 5,047 4,963 Retained earnings carried fotward 137,5981 5,047 The aggregate of the assets, liabilities and funds of The East Laricashire Hospice Shops Limited was.. Fixed assets Current assets Current liabilities 121,462 {158,9581 136,734 1131,587} Funds 137,4961 5,147 31- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 31 MARCH 2021 13 Fixed asset investments Icontinuedl Other investments Group and charity 2021 2020 Market value As al 1 April 2020 Additions Disposals Movement in cash deposits held as investments Change in market Value 7.779,936 521,528 1254,3641 1231,551 1,833,804 5.694,208 3,678,716 11,361,772) 228,742 1459,9561 As at 31 March 2021 9,649,353 7,779.936 Listed investments are represented by.. Group and Charity 2021 2020 Fixed interest Equities Allernalives Property Investment trust and unil trust Cash 76S.648 1.864,131 324.251 79,200 6,527,855 88,268 583,163 1,341,505 221,444 52,560 5,261,445 319,819 9,649,353 7,719.936 14 Debtors Group 2021 Charity 2021 2020 2020 Trade debtors Prepayments and accrued inGome Amounts owed by group undertakings VAT recoverable 43.645 313.616 17,732 601,879 38,424 20B,860 129,B87 108,084 17,582 497,021 121,210 67,018 110.897 70,571 468,158 690,182 485,255 702,831 All debtors relate to unreslricled funds in both 2021 and 2020. -32- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 15 Creditors: amount5 falling due wlthln one year Group 2021 Charlty 2021 2020 2020 Lottery payments in advance A¢¢ruals and deferred income Trade creditors Other taxes and social security 4S.899 611,742 75,082 51,755 44,477 590,078 82,853 48.570 45,899 592.531 65,222 51,755 44,477 585,435 77,119 48,570 784,478 765,978 755,407 755,601 All creditors relate lo unrestricted funds in i)oth 2021 and 2020. 16 Funds Restricted funds arought forward at 31 March 2020 Income Expenditure Gains. Carried losses and fO￿ard at transfers 31 March 2021 Day Care Unil Building Support & Wellbeing ISSA Foundation NHSE Funding Co-op Community Fund 51,393 464 11,314 147,009} 4,384 464 111,3141 1693,413) 693,413 1.109 1,109 63,171 694.522 1751,7361 5,957 Unrestrlcted funds Brought forward at 31 March 2020 Income Expenditure Gains. Carried losses and fO￿ard at transfers 31 Mar¢h 2021 Unrestricted fund Non-¢harilable trading 12,615,211 5,047 3,151,394 209,036 12,440,095> 1251,679} 1,833.804 15,160,314 137,5961 12,620,258 3.360,430 12.691.774) 1,833,804 15,122,718 -33- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 16 Funds- prior year Restricted funds Brought fonvard at 31 March 2019 Income Expenditure Gains, Caffied 1055es ènd fonvard at transfers 31 March 2020 Day ca￿ Unil Building Six Steps Project Room Refiirbishment Support & Wellbeing CLEARER Communication Skills Training ISSA Foundation European engageinenl Catering donations 116.279 6,212 727 464 (64,886) (6,212) (721) 51,393 464 6,009 4, T89 (6,009) (24,480) 31.005 11.314 mployee 3.000 178 (3,000) (178) 134,480 34.183 (105.492) 63,171 Unrestricted funds Brought forward at 31 March 2019 Income Expenditure Galns, ca￿led 1055es and fotward at transfers 31 March 2020 Unresfricled fund Non-charilable trading 12,54 1,842 4,963 4,016,493 331,315 (3,483, 168) (331,231) (459,956) 12,615,211 5.047 12,546,805 4,347,808 (3,814,399) (459,956) 12,620.258 -34- THE EAST LANCASHIRE HOSPICE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 16 Funds Icontinuedl Purpose of the restricted funds: The Day Care Unil building fund was for the building of the Day Care Unil and largely relates to grants from the Community Fund (National Lollery Charities Boaidl towards the capital costs. The fund will be reduced by the Telaled depreciation charge. The Support & Wellboing fund is a patient donation for patient aclivilies. This remains unspent al 31 March 2021. The ISSA Foundation is the ¢harilable foundation of Euro Garages. £31,005 was received in the previous year lo support a Family Therapist role throughout 2019120. The fund was reduced by the Salary costs up lo 31 March 2020 and has now been fully spent on salary costs in the year lo 31 March 2021. The NHSE awarded funding lo allow the hospi¢e lo make available bed capacity and community support from April 2020 to July 2020 to provide support lo people with complex needs in the context of the Covid-19 situation and lo provide bed capa¢ily and community support from November 2020 10 March 2021 for the same puipose. This funding was fully spent in the year. The Co-op Local Community Fund was funding received for the choir. This remains unspent at 31 March 2021. 17 Operating lease commitments Al 31 March 2021 the group had future minimum lease payments under non-cancellable opeTaling leases as sel out below,. Land and buildings 2021 2020 Amounts due within one year Amounts due between one and five years Amounts due after five years 47,844 38,875 44,027 65,335 B6.719 109,362 -3