2023-03-31-accounts - Bluebell Wood Children's Hospice

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		Page
Charity Information
Trustees' Report.
Independent Auditor's	Report.	.11
Statement of Financial	Activities.	.14
Balance Sheet.		15
Statement of Cash Flows		.16
Notes to the Financial	Statements. ...	...17

ble below	shows ou	r income ov	er the past 2 y	ears.
5'000			2023	2022
Donations	and grants		407	392
Legacies			1,021	1,529
NHS England			723	361
COVID emergency		funding	34	57
Furlough income				2
Charitable	activities		537	180
Lottery			643	590
Fundraising	activities		859	754
Investment	income		156	128
Sundry income			13	17
			4,393	4,010

xt table	sho	ws the	de	tai	l ofour char	itable activit	ies spend
6'000						2023	2022
Salaries						2,766	2,920
Facilities						201	162
Asset depreciation			&	Impairment/
loss on disposal						336	181
Care						190	257
Fundraising,		marketing			and
investment		manager		fees		470	207
Training	and	recruitment				86	79
Other						306	237
						4,355	4,043

Expenditu	re Acc	ount) for	the year ended	31March	2023
						As
						restated
			Unrestricted	Restricted	2023	2022
			funds	funds	Total	Total
		Notes	EOOO's	EOOO's	EOOO's	6000's
Income from:
Donations and legacies			1,264	164	1,428	1,921
Charitable activities			1,000	294	1,294	600
Fundraising			1,502		1,502	1,344
Investment income			156		156	128
Other income			13		13	17
Total income			3,935	458	4,393	4,010
Expenditure on:
Charitable activities			(2,800)	(80)	(2,880)	(2,322)
Raising funds - fundraising			(1,475)		(lg475)	(1~721)
Total expenditure			(4,275)	(80)	(4,355)	(4,043)
Net (expenditure)/income before other recognised (losses) / gains			(340)	378	38	(33)
Net investment (losses) / gains			(579)		(579)	45
Net (expenditure)/income			(919)	378	(541)	12
and net movement	in funds
Reconciliation offunds
Funds at 1 April 2022		17	12,295	170	12,465	12,453
Funds at 31March	2023	17	11,376	548	llI924	12g465

			As restated
	Notes	2023 6000's	2022 6000's
Fixed assets
Intangible assets	10	39	40
Tangible assets		3,670	3,902
Investments	12	5,911	6,009
		9,620	9,951
Current assets
Debtors	13	706	1,222
Cash	14	1,961	1,634
		2,667	2,856
Liabilities falling due within one year	15	(363)	(342)
Net current assets		2,304	2,514
Net assets	17,18	11,924	12,465
Funds ofthe charity
Restricted	17,18	548	170
Unrestricted	17,18	11,376	12,295
Total Funds		11,924	12,465

Statem	ent of Cash	Flo	ws for the year e	nded 31	March 20	23
						As re-stated
					2023	2022
				Notes	6'000	6'000
Net cash activities	provided from /	(used by) operating		21	755	(237)
Cash flows from investing		activities
Purchase	to acquire investments				(881)	(599)
Proceeds	from the sale of investments				400	802
Investment income					156	128
Purchase	of intangible assets				(10)	(22)
Purchase	of tangible assets				(93)	(4)
Net cash	flow from investing		activities		(428)	305
Change in cash and cash equivalents in the year					327	68
Cash and	cash equivalents at	the	beginning ofthe year		1,634	1,566
Cash and	cash equivalents	at	the end ofthe year	14	1,961	1,634

Dona	tions and legacies
				As re-
				stated
			2023	2022
			6'000	6'000
Donations	and non-performance	grants	407	392
Le acies			1 021	1 529
			1428	1921

					2023	2022
					6'000	6'000
IC8s, local authorities		and government			243	180
Southampton	Hospitals	charity grant			294
NHS England					723	361
Hospice UK	Covid-19 emergency funding			(restricted)	34	57
CIRS furlou	h income	—Hos ice em	lo	ees		2
					1 294	600

5.	CIRS furlou h income —Hos i Fundraising activities	ce em lo e	es		1 294	2 600
					2023	2022
					6'000	6'000
	Fundraising activities				859	754
	Lotte				643	590
	Total fundraisin				1 502	1 344
6.	Investment income
					2023	2022
					6'000	6'000
	Investment income				156	128
7.	Analysis ofexpenditure	including	governance and		support costs
	For the year ended 31 March 2023:	Charitable		activities 6'000	Fundraising 6'000	Total 2023 6'000
	Wages and salaries			2,102	664	2,766
	Premises and facilities			141	60	201
	Loss on sale offixed assets			27	9	36
	Impairment of fixed assets			103	34	137
	Depreciation and amortisation			122	41	163
	Fundraising and marketing				428	428
	Legal and professional			28	66	94
	Care			190		190
	Administration			111	87	198
	Motor and travel			8	6	14
	Training and recruitment			48	38	86
	Investment mana er fees				42	42
	Total ex enditure			2 880	1475	4 355

Support costs are included in the ab	ove totals as fol	lows:
					Total
	Support costs 6'000		Governance E'000		2023 6'000
Wages and salaries		536			536
Premises and facilities		201			201
Depreciation and amortisation		163			163
Legal and professional		5	89		94
Administration		198			198
Motor and travel		14			14
Training and recruitment		86			86
Investment manager fees		42			42
Total su ort costs		1 245	89		1 334
Prior year
For the year ended 31 March 2022:	Charitable	activities 6'000	Fundraising 6'000		Total 2022 6'000
Wages and salaries		1,642	1,278		2,920
Premises and facilities		113		49	162
Depreciation and amortisation		117		51	168
Loss associated with liquidation of trading company		13			13
Fundraising and marketing		12		151	163
Legal and professional		7		16	23
Care		257			257
Administration		113		93	206
Motor and travel		4		4	8
Training and recruitment		44		35	79
Investment mana er fees				44	44
Total ex enditure		2 322	1	721	4 043

pport costs are included in the abov	e totals as follows:
			Total
	Support costs K'000	Governance E'000	2022 6'000
Wages and salaries	492		492
Premises and facilities	162		162
Depreciation and amortisation	168		168
Legal and professional		23	23
Administration	206		206
Motor and travel	8		8
Training and recruitment	79		79
Investment manager fees	44		44
Total su ort costs	1 159	23	1 182

Staff	costs
			2023	2022
			E'000	E'000
Salaries			2,373	2,499
Pension cost			157	150
Employer's	national	insurance	224	219
Redundanc	a ments		12	52
			2 766	2 920

Average	number ofemployees	number ofemployees				2023	2022
Care						49	52
Su ort						41	42
						90	94
9. Net	income
Net income is stated		after:				2023	2022
						E'000	E'000
Depreciation and amortisation						163	170
Auditor's	remuneration	- audit				16	11
Auditor's	remuneration	—accounts	preparation			3	2
Loss on disposal of fixed assets						36	11
Impairment of fixed assets						137
Operating 0 eratin	lease rentals lease rentals	—property — lant and	e	ui	ment		36 10

						Software
						6000's
Cost
At 1 April 2022						91
Additions						10
Disposals						(2)
At 31 March 2023						99
Amortisation
At 1 April 2022						51
Charge for year						11
On dis osals						2
At 31 March 2023						60
Net book values
At 31 March 2023						39
At 31 March 2022						40
11. Fixed assets
	Land and		Motor	Fixtures	8a
	buildings 6'000	Computers 6'000	vehicles 6'000	equipment 6'000		Total 6'000
Cost
As at 1 April 2022	5,264	110	42	643		6,059
Additions		3	33		57	93
Disposals	(41)	(6)		(307)		(354)
Transfers	314			314
At 31 March 2023	4,909	107	75	707		5,798
Depreciation
As at 1 April 2022	1,448	55	42	612		2,157
Charge for the year	98	24	8		22	152
Disposals	(8)	(6)		(304)		(318)
Transfers	(73)				73
Im airments		1		136		137
As at 31 March 2023	1,465	74	50	539		2,128
Net book value
As at 31 March 2023	3444	33	25	168		3 670
As at 31 March 2022	3816	55			31	3 902

2.Listed Investm	ents
				2023	2022
				6'000	6'000
At 1 April 2022				6,009	6,167
Purchase at cost				881	599
Proceeds from sale of investment				(400)	(802)
Net investment	losses	/	ains	579	45
Value at 31March 2023				5,911	6,009
Listed investments				5,911	6,009
Cash and cash e	uivalents		note 14	155	521
				6 066	6 530

otes to the Financial Statemen 023 3. Debtors	ts for the year ended 31	March
		As re-stated
	2023	2022
	6'000	6'000
Accrued income	465	1,108
Trade debtors	118	8
Prepayments	92	73
VAT recoverable	18	24
Other debtors	13	9
	706	1 222

Other deb 4. Cash	tors					13 706	1 22
						2023	2022
						6'000	6'000
Cash held	in investments					155	521
Cash at bank						1 806	1 113
						1 961	1634
5. Creditors: falling due					within one year
						2023	2022
						6'000	6'000
Trade creditors						77	57
Accruals and other			creditors			71	69
Tax and national		insurance				60	49
Deferred	income		note 16			155	167
						363	342
6. Deferred income
						2023	2022
						6'000	6'000
At 1 April	2022					167	195
Amounts	released		to income			(167)	(130)
Amounts	deferred		durin	the	ear	155	102
At 31 March 2023						155	167

				As Re-
				stated 1
For the year March 2023	ended		31	April 2022 E'000	Income E'000	Expenses E'000	Net investment losses E'000	At 31 March 2023 E'000
Unrestricted
Free reserves
Charity				8,204	3,832	(3,939)	(579)	7,518
Fixed asset reserves				3 942	103	336		3 709
				12 146	3935	4 275	579	11227
Designated
Building				51				51
IT				97				97
Peo le				1				1
				149				149
Total unrestricted			funds	12 295	3935	4 275	579	11376
Restricted
Southampton	Hospitals
Charity					294			294
Family accommodation					90			90
Children's activities					50			50
Other				170	24	80		114
Total restricted		funds		170	458	80		548
Total funds				12465	4 393	4 355	579	11924
For the year March 2022 stated	ended 31 (as re-			1April 2021 E'000	Income E'000	Expenses E'000	Net investment gains E'000	At 31March 2022 E'000
Unrestricted
Free reserves
Charity Fixed asset reserves				8,084 4 087	3,875 26	(3,800) 171	45	8,204 3 942
				12 171	3901	3 971	45	12 146
Designated
Building				51				51
IT				97				97
Peo le				1				1
				149				149
Total unrestricted			funds	12 320	3901	3 971	45	12 295
Restricted
Hospice UK Covid		funding			55	(55)
Other				133	54	17		170
Total restricted		funds		133	109	72		170
Total funds				12453	4 010	4 043	45	12465

			Unrestricted
As at 31March 2023	Restricted funds	Designated funds	fixed asset fund	Free reserves	Total 2023
	8'000	6'000	6'000	8'000	6'000
Fixed assets			3,709		3,709
Investments				5,911	5,911
Current assets	548	149		1,970	2,667
Current liabilities				363	363
	548	149	3 709	7 518	11924
As re-stated			Unrestricted
As at 31March 2022	Restricted funds	Designated funds	fixed asset fund	Free reserves	Total 2022
	8'000	6'000	6'000	8'000	6'000
Fixed assets			3,942		3,942
Investments				6,009	6,009
Current assets	170	149		2,537	2,856
Current liabilities				342	342
	170	149	3 942	8 204	12465

Amounts	falling due:	falling due:	2023 8'000	2022 6'000
Within one		ear		10
Total				10

																As re-	As re-
																stated
													2023			2022
													6'000			6'000
Net income / (expenditure)	before			other	recognised		gains			and
losses														38			(33)
Investment income													(156)			(128)
Amortisation														11			18
Depreciation														152			142
Impairment charge														137
Loss on disposal of fixed assets														36			11
Decrease / (increase) in debtors														516		(143)
Increase / decrease in creditors														21		104
Net cash inflow oufflow		from		o eratin		activities								755		237
. Related party transactions
ere were no transactions between the charity and closing as related party transactions under FRS 102,							its Trustees other than				during the year that those disclosed in note					re 8.	quired
Prior year adjustment
or year figures have been restated to				remove the amounts					associated			with	the subsidiary,			B	luebel
ood Trading Company Limited,		which		went	into	liquidation			in	October 2021.
prior year adjustment has	also	been		made	to recognise			a	legacy		accrual		in	the	prior year		whic
d been incorrectly omitted	form		prior year		results.
is adjustment has had the	effect		of increasing			closing	funds			and	debtors		by	688,000 as		follows:
							General					Restricted
								funds					funds			Total
								K'000					6'000			6'000
0 enin reserves as reviousl		re orted						12		207				170		12	377
Prior year adjustment:
Accrued le ac income										88							88
Restated o enin reserves								12		295				170		12	465
Prior ear income as reviousl		re orted							3	813				109		3	922
Prior year adjustment:
Accrued le ac income										88							88
Restated rior ear income									3	901				109		4	010
Prior ear debtors as reviousl			re orted						1	134						1	134
Prior year adjustment:
Accrued le ac income										88							88
Restated rior ear debtors									1	222						1	222

4. Comparative S	tatement of F	inancial Activities (a	s re-stated)
		Unrestricted	Restricted	2022
		funds	funds	Total
		EOOO's	EOOO's	EOOO's
Income from:
Donations and legacies		1,812	109	1,921
Charitable activities		600		600
Fundraising activities		1,344		1,344
Investment income		128		128
Other income		17		17
Total income		3,901	109	4,010
Expenditure on:
Charitable activities		(2,250)	(72)	(2,322)
Raising funds - fundraising		(1,721)		(1,721)
Total expenditure		(3,971)	(72)	(4,043)
Net (expenditure)/income
before other recognised		(70)	37	(33)
gains
Net investment gain		45		45
Net (expenditure)/income		(25)	37	12
and net movement	in funds
Reconciliation offunds
Funds at 1 April 2021		12,320	133	12,453
Funds at 31March 2022		12,295	170	12,465