Hospice Aid UK
Trustees' report and unaudited financial statmements For the year ended 31 March 2024
Charity Registration No. 1092575 Company Registration No. 04400127 (England and Wales)
Hospice Aid UK Index
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Report of the Trustees | 2 - 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes forming part of the Financial Statements | 10 - 17 |
Hospice Aid UK Legal and Administrative Information
| Charity Number | 1092575 |
|---|---|
| Company Number | 04400127 |
| Trustees | S Boyle |
| B Cherryman | |
| D Duhaney | |
| M Gratze | |
| R Keen (resigned 29 June 2023) | |
| R Meakin (appointed 14 May 2024) | |
| J Meegan (appointed 14 May 2024) | |
| Secretary | J Gratze |
| Registered Office | 1st Floor, 48 Chancery Lane |
| London | |
| WC2A 1JF | |
| Independent Examiner | Moore Kingston Smith LLP |
| 9 Appold Street | |
| London | |
| EC2A 2AP | |
| Solicitors | Keystone Law LLP |
| 48 Chancery Lane | |
| London | |
| WC2A 2SF |
1
HOSPICE AID UK
REPORT OF THE TRUSTEES For the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by the Charities: Statement of Recommended Practice applicable for charities preparing their accounts in accordance with the Financial Reporting Standard applicable the UK and Republic of Ireland (FRS102) (effective 1 January 2015).
OBJECTS AND ACTIVITIES
The objects of the charity are:
-
To facilitate and promote the relief, care, and treatment of the sick, especially the dying, and the support and care of their families and carers and of the bereaved.
-
To facilitate and promote the charitable activities of independent hospices.
Our Aim
Hospice Aid UK’s aim is to donate to hospices, in areas where funding is not readily available to them from other sources.
Hospice Aid UK raises funds for UK hospices only, complementing other hospice funding sources. We aim to help fill the gap that would otherwise mean hospices going without needed equipment/support, in areas that would directly improve the quality and patients’ comfort and wellbeing and that of their close relatives. Our focus is Emergency funding which we have identified as something that really does help hospices, saving them time and money, sourcing the funding, and providing funding for that vital piece of equipment immediately.
Here are a few comments we have received from Hospices all over the UK:
“Now that we’ve had our snazzy new washing machine installed, I just wanted to get in touch with a photo and to say thank you once again.
As you well know funding the unexciting essentials can be a huge challenge for hospices. We continue to be so grateful that you actively recognise this and support hospices in need. Our nurses are thrilled with the new washing machine, which is constantly in use ensuring our patients receive the highest standards of care.
Thank you so much!”
Queenscourt Hospice, Southport
“On behalf of all of us at The Hospice of the Good Shepherd, may I please thank Hospice Aid UK, you and the team for your generosity and support to secure four Intravenous infusion pumps.
This is a fantastic outcome, particularly of course for the many patients for whom these pumps will make a real difference in terms of reduced anxiety and inconvenience, and in delivering a significantly improved treatment experience.”
Hospice of the Good Shepherd, Chester
“Since our purchase, the new Cuddle Blanket has proved an invaluable resource. For example, it enabled us to provide care for one family shortly after Christmas whilst our existing blanket was
2
being repaired - the return of this was delayed due to the sourcing of parts and some restricted hours over the festive period. The swift arrival of the new blanket meant that we didn't need to resort to using the fan system and were able to support the family in the best environment possible. You may remember from our application that the fan system creates an entirely cold environment for all, whereas the Cuddle Blanket isolates the cold environment to the deceased.
Also, recently we supported the family of a young man who wished to die at home. With the faulty one repaired, there were two blankets, which meant we could provide equipment at the home in the initial hours following death, for him to be cared for until they were ready to move. We also had a blanket set up at the Hospice, where the family chose to spend another few days with him. This ensured a smooth transition between settings and reduced the logistical challenges of transporting equipment. I can say with confidence we were only able to do this because we had the two blankets. Without this flexibility the family would have needed to move from their home much sooner. I'm sure this initial time we could give them at home will be invaluable in their grief.” Rainbows Hospice, Loughborough
Main objectives for the year
Our main objectives for the charity have been to distribute grants to hospices, increase our level of emergency funding, continue the growth of our database for ongoing fundraising and legacies working to sustain funding and donation levels.
Public benefit
We have referred to the guidance in the Charity Commission’s general guidance on Public Benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We have been receiving as unprecedented number of requests from Hospices all over the UK. From April 2023 – March 2024, we gave £47,708 to 19 hospices.
Grant Making
During the financial year, the charity has given grants to 19 hospices in the UK. The grants we have provided have helped hospices around the UK with vital core costs, emergency funding, therapy sessions and equipment funding that hospices simply cannot get funding for elsewhere.
Fundraising activities
Fundraising approach
Hospice AID UK relies on several different fundraising approaches to raise funds from a range of sources, increasing awareness of our work and allowing supporters to contribute in ways that are most appropriate for them. This includes fundraising through digital and online campaigns, emails, letters and press advertising from legacies, events, and community fundraising. This complements support from our donors and other regular supporters.
Our partnership with Funeral Partners Ltd generated a £10,000 donation following their annual conference which voted to have us as their Charity of the Year.
We continue to encourage and promote Legacy gifts and In Memory donations.
3
We continue to find new ways to generate income.
We worked very closely from the end of 2023 into 2024 with a social media expert to try to improve our social media imprint. This was successful, and we hope to continue with this in the New Year.
We now operate our own direct mail fundraising, and we are continuing to develop our own database and are steadily increasing our regular donors. That said there is still a mountain of work to be done before we can safely say that we have an excellent database of donors.
We continue to send mail to our donors quarterly and last year’s mailings generated over £42,000 in donations.
Our new mailing programme covered all the costs of producing the mailshots and response handling.
Fundraising Standards
Hospice Aid UK pays a levy to the Fundraising Regulator, and, as such, abides by the Code of Fundraising Practice. We also abide by the Fundraising Regulator’s Fundraising Promise, and strive to ensure our fundraising is open, honest, legal, and respectful. We are registered with the Fundraising Preference Service which enables members of the public to control the nature and frequency of direct marketing approaches that they receive, including fundraising communications. Through the Fundraising Preference Service website, members of the public can choose to stop email, telephone, post and/or text messages from a selected charity. During the financial year 8 members of the public opted out of contact with Hospice Aid UK via the Fundraising Preference Service.
Fundraising on our behalf
Hospice Aid UK requires any professional fundraising agencies working on our behalf to adhere to our fundraising standards and this is specified in our contracts with them.
Supporters are at the core of everything Hospice Aid UK achieves. It is with their continued support through our direct mail fundraising programme and the leaving of legacies that Hospice Aid UK can fund our grants.
Governance during the year
The charity has undergone a governance review, new articles have been adopted and new trustees are being recruited, one who is a lawyer with charity law & charity sector experience, and another with extensive business experience, which we expect will be appointed during the next financial year.
Monitoring of fundraising activities and protecting people in vulnerable circumstances
Hospice AID UK is committed to ensuring that we always treat the public sensitively and respectfully, taking special care to protect people who may find themselves in vulnerable circumstances.
Social Media Policy
The Charity has adopted the Charity Commission’s approved social media policy and is applying it to its social media activities. The full policy is available to view on our website.
Complaints
Hospice Aid UK did not receive any complaints from members of the public about our fundraising activities in 2023/2024.
4
This does not include expressions of dissatisfaction relating to our use of specific fundraising methods which most charities face.
For the future
Our in-house fundraising database, built on the earlier work of Euro DM, is a vital plank of our future fundraising programme. It is key to the work our new response-handling centre carries out and enables our Head of Fundraising to gain an excellent knowledge of the supporters of Hospice AID UK. Our response handling Centre is Mailing Expert, Bellbrook Business Park 6 Horsted Square, Uckfield TN22 1QG. They have a long history of working with inspirational charities and the not-for-profits on a wide range of exciting projects.
Risk management
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity is governed by a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Ms S Boyle Mr B Cherryman Mr D Duhaney Mr M Gratze
Recruitment and appointment of new trustees
Under the new Articles of Association, the Trustees are the sole members and have the power to appoint new Trustees.
Recruitment is undertaken as necessary through identification of skills gaps at trustee level. None of the trustees have any beneficial interest in the company.
New members of the Trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the Board of Trustees, the strategies, and recent financial performance.
All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Governing document
The charity is governed by a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational Structure
The Chief Executive Officer oversees the day-to-day running of the charity but is supervised and supported by the trustees in her role.
Key management personnel remuneration
The trustees deal with the overall pay and reward of the Chief Executive Officer. All Trustees give their time freely and no Trustee remuneration was paid in the year. Details of Trustee expenses and related party transactions are disclosed in note 11 and 16 to the accounts.
5
Statement of Trustees’ Responsibilities
The Trustees (who are also directors of the company for the purposes of company law) are responsible for preparing the Trustees’ Annual Report (including the Strategic Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently.
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observe the methods and principles in the Charities SORP 2015 (FRS 102);
-
make judgements and estimates that are reasonable and prudent.
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on and signed on its behalf by:
S Boyle – Trustee
6
Independent Examiner's Report to the Trustees of Hospice Aid UK ("the Company")
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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1) accounting records were not kept in respect of the Trust as required by section 386 of the 2006 Act; or
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2) the accounts do not accord with those records; or
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3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
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4) the accounts have not been prepared in accordance with the methods and principles of the Statements of Recommended Practice for accounting and reporting by charities.
I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adam Fullerton, FCA
On behalf of Moore Kingston Smith LLP Chartered Accountants
9 Appold Street London EC2A 2AP
Date:
7
Hospice Aid UK (A Company Limited by Guarantee) Statement of Financial Activities
For the year ended 31st March 2024
| Notes Income from: Donations and legacies 3 Other income 4 Total Income Expenditure on: Charitable activities 7 Fundraising costs 5 Total Expenditure Net Income/(expenditure) Transfers between funds Net movement in funds Reconciliation of Funds: Total Funds brought forward |
Year ended 31 March 2024 Unrestricted Funds £ 140,604 50,353 190,957 191,978 20,351 212,329 (21,372) - (21,372) 77,993 |
Year ended 31 March 2023 Unrestricted Funds £ 183,436 243 183,679 |
|---|---|---|
| 211,272 25,403 |
||
| 236,675 | ||
| (52,996) - |
||
| (52,996) | ||
| 130,989 | ||
| Total Funds carried forward 14 |
56,621 | 77,993 |
The Statement of Financial Activities reflects the results of continuing activities for the year.
All recognised gains and losses are included in the Statement of Financial Activities.
8
Hospice Aid UK (A Company Limited by Guarantee) Balance Sheet
As at 31st March 2024
| Note Current Assets Debtors 12 Cash at bank and in hand Creditors: Amounts falling due within one year 13 Net Current Assets Funds Unrestricted funds 14 |
£ £ 1,000 66,095 67,095 (10,474) 56,621 56,621 56,621 2024 |
£ £ 1,000 120,380 121,380 (43,387) 77,993 77,993 77,993 2023 |
£ £ 1,000 120,380 121,380 (43,387) 77,993 77,993 77,993 2023 |
|---|---|---|---|
| 77,993 77,993 |
For the financial year in question, the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime
Approved by the Trustees and authorised for issue on
Signed on their behalf by:
………………………………………………………… S Boyle Trustee
Company Number: 04400127
9
Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31st March 2024
1 Accounting Policies
a) Basis of Accounting
Hospice Aid UK is a company limited by guarantee registered in England and Wales. The registered address is 1st Floor 48 Chancery Lane, London, WC2A 1SF.
The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charitable Company is a public benefit entity for the purposes of FRS 102 and therefore the Charity also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP), the Companies Act 2006 and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
The charitable company has taken advantage of the exemptions available not to prepare a Statement of Cash Flows.
The principal accounting policies, which are applied consistently, are set out below.
b) Going Concern Basis
The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern.
The trustees have made this assessment for a period of at least one year from the date of the approval of the financial statements. In particular, the trustees have considered the charitable company’s forecasts and projections and have taken into account the pressures on donation and grant income.
Having carried out a detailed review of the Charity's resources and the current economic challenges facing both the Charity and its members the Trustees are satisfied that the Charity has sufficient cash to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements and that it is appropriate for the accounts to be prepared on the going concern basis.
c) Critical Accounting Estimates and Areas of Judgement
In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.
d) Income
All income is accounted for when there is evidence of entitlement, the receipt is probable and the amount can be measured reliably.
Voluntary income including donations is included in full in the Statement of Financial Activities when For legacies, entitlement is taken at the earlier of the date on which either; the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executors to the charity that a distribution will be made, or where a distribution has been received from an estate.
Donations were received via Euro (EDM), legacies and postal donations and credit card processed through CAF.
10
Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
1 Accounting Policies (continued)
e) Expenditure
All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation for payment to be made.
Costs are disclosed in the following categories
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Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory requirements.
-
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued.
f) Tangible Fixed Assets
All fixed assets with a value over £250 are capitalised at cost, being their purchase cost together with any incidental expenses at acquisition, and depreciated to their estimated residual value over their estimated useful lives as follows:
Compuer equipment
Straight line over 3 years
A review of fixed asset lives and impairments is undertaken on an annual basis.
g) Pension Benefits
The charity makes contributions on behalf of employees to their individual personal pension schemes during their period of service, at a rate fixed by the Trustees.
h) Operating leases
Operating lease and rental costs, where substantially all the benefits and risks of ownership remain with the lessor have been charged to expenditure as they arise.
i) Fund accounting
Unrestricted funds are received and applied for the general objects of the charity. Restricted funds are subject to such restrictions as specified by donors and are utilised in accordance with donors' wishes.
j) Cash and Cash Equivalents
Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less.
k) Financial Instruments
The charity only holds basic financial instruments as defined by FRS 102. Financial instruments receivable or payable within one year of the reporting date are carried at their at transaction price and subsequently at amortised cost.
With the exceptions of prepayments and deferred income all other debtor and creditor balances are considered to be basic financial instruments under FRS 102.
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Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
3 Donations and legacies
| Donations and legacies | ||
|---|---|---|
| Donations Received Legacies Other income Interest income from Bank deposits Income from sponsorhip Other income Raising Funds Fundraising and publicity Fundraising agents Other fundraising costs Fundraising and publicity |
2024 Unrestricted funds £ 103,870 36,734 140,604 2024 Unrestricted funds £ 1,081 6,500 42,772 50,353 2024 Unrestricted funds £ - 20,351 20,351 20,351 |
2023 Unrestricted funds £ 83,712 99,724 |
| 183,436 | ||
| 2023 Unrestricted funds £ 243 - - |
||
| 243 | ||
| 2023 Unrestricted funds £ 5,833 19,570 |
||
| 25,403 | ||
| 25,403 |
4 Other income
5 Raising Funds
12
Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
6 Grants Payable
| Grants to institutions: Carlisle and North Lakeland Hospice Childrens Hospice South West Emergency Funds Claire House Childrens Hospice Cope Chlldrens Hospice Demelza Hospice Douglas Macmillan Hospice Earl Mountbatton Hospice East Anglis Childrens Hospice For get me not Childrens Hospisce Hartlepool Hospice Hospice Of the Good Shepherd Kemp House Hospice Kirkwood Hospice Lakelands Hospice At Home Lewis Manning Hospice Lindsay Lodge Hospice Michael Sobell Hospice Northern Ireland Hospice Northern Ireland Hospice (Childens) Queens Court Hospice St Andrews Hospsice St Catherines Hospice St Christophers Hospice St J Hospice St Michaels Hospice St Teresa Darling St Vincents Hospice The Hospice Charity The Mary Stevens Hospice The Norfolk Hospice The Northumberland Hospice Western Hospice care Wigan Hospice Willow Wood Hospice Winchester Hospice The total number of grants made in the year were |
Grants made to provide facilities to hospices Grants made to provide facilities to hospices 2024 2023 £ £ - 2,500 4,995 - 2,729 - - 1,196 2,000 1,480 - 10,000 750 - - 1,947 - 5,000 5,090 - 1,925 4,800 - 2,000 2,000 5,414 - 3,000 2,000 - 2,000 - - 2,500 - 1,739 - 1,680 - 6,824 - 3,000 2,000 - - 2,000 2,295 - 4,244 5,713 - 1,000 2,000 - 2,000 - 2,000 6,556 2,000 - 2,000 - 1,600 4,860 3,780 - - 4,156 - 6,390 |
|---|---|
| 47,408 83,755 |
|
| 19 22 |
13
Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
7 Charitable Activities
| Charitable Activities | |||
|---|---|---|---|
| Year to 31 March 2024 Staff costs Data processing Direct mail appeals Event expense Donation Expenditure Other costs Grant funding of activities (see Note 6) Share of support costs (see Note 8) Share of governance costs (see Note 8) Charitable Activities Year to 31 March 2023 Staff costs Data processing Direct mail appeals Postage and other costs Other costs Grant funding of activities (see Note 6) Share of support costs (see Note 8) Share of governance costs (see Note 8) |
Promoting & raising awareness of activities 2024 29,931 - 15,093 14,688 11,361 1,131 72,204 - 20,183 92,387 Promoting & raising awareness of activities 2023 30,147 6,000 14,899 12,454 2,525 66,025 - 1,188 19,876 87,089 |
Grants made to provide facilities to hospices 2024 - - - - - - - 47,408 44,383 7,800 99,591 Grants made to provide facilities to hospices 2023 - - - - - - 83,755 30,067 10,361 124,183 |
Total 2024 29,931 - 15,093 14,688 11,361 1,131 |
| 72,204 47,408 44,383 27,983 |
|||
| 191,978 | |||
| Total 2023 30,147 6,000 14,899 12,454 2,525 |
|||
| 66,025 83,755 31,255 30,237 |
|||
| 211,272 |
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Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
8 Support Costs - 2024
| 8 Support Costs - 2024 |
|||
|---|---|---|---|
| Staff costs Rent Bank and Cr card charges Postage, packaging and stationary Telephone Meeting expense Advertising Computer & IT expenses Insurance Other support costs Independent Examiner fees Accountancy Legal and professional |
Support Governance Costs Costs £ £ 16,116 - 9,600 - 133 - 323 - 1,263 - 824 - 7,383 - 5,328 - 617 - 2,796 - - 6,495 - 1,305 - 20,183 44,383 27,983 44,383 27,983 Support Governance Costs Costs £ £ 16,233 - 9,600 - 201 - 1,223 - 50 - 2,760 - 1,188 - - 6,600 - 3,761 - 19,876 31,255 30,237 31,255 30,237 |
Total 2024 £ 16,116 9,600 133 323 1,263 824 7,383 5,328 617 2,796 6,495 1,305 20,183 |
|
| Analysed between Charitable activities |
|||
| 72,366 | |||
| 72,366 | |||
| Total 2023 £ 16,233 9,600 201 1,223 50 2,760 1,188 6,600 3,761 19,876 |
|||
| Support Costs - 2023 Staff costs Rent Postage, packaging and stationary Telephone Computer/Website costs Other support costs EDM Bank charges Independent Examiner fees Accountancy Legal and professional |
|||
| Analysed between Charitable activities |
|||
| 61,492 | |||
| 61,492 | |||
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Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
9 Net movement in funds
| Net movement in funds | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Net movement in funds is stated after charging/(crediting) | ||
| Fees payable to the charity's Independent Examiners | 6,495 | 6,600 |
10 Trustees
None (2023: None) of the trustees received any remuneration or benefits from the charity during the year, however the CEO and relative of trustee M Gratze received remuneration disclosed in the note below. None of the trustees were reimbursed for any expenses in respect of the charity in the year (2023: none).
- 11 Employees
| Employees Gross salaries Social security costs Pension costs |
Total 2024 £ 45,000 4,955 1,163 |
Total 2023 £ |
|---|---|---|
| 45,000 217 1,163 |
||
| 51,118 | ||
| 46,380 |
Staff Numbers
The average monthly number of employees during the year was: 1 1
No employees earned over £60,000 during the year (2023: None).
Key Management Personnel
During the year there was one staff member who was deemed to be Key Management Personnel. The total employment benefits including employer pension contributions of key management personnel were £51,118 (2023: £46,380).
In addition to one full time paid employee, the charity also used a separate source paid on a consultancy basis.
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Hospice Aid UK (A Company Limited by Guarantee) Notes to the Financial Statements
For the year ended 31st March 2024
| 12 Debtors Other debtors 13 Creditors: Amounts falling due within one year Trade creditors Social security and other taxation Other creditors Accruals |
Total 2024 £ 1,000 |
Total 2023 £ 1,000 |
|---|---|---|
| 1,000 | 1,000 | |
| Total 2024 £ - 2,428 1,494 6,552 |
Total 2023 £ 32,212 |
|
| 2,808 | ||
| 1,167 | ||
| 7,200 | ||
| 10,474 | ||
| 43,387 | ||
Included within Other creditors are pension contributions payable of £227 (2022: £227).
14 Analysis of funds
| Unrestricted fund Total 2024 |
Balance at 01/04/2023 £ 77,993 130,989 |
Income £ 190,957 183,679 |
Expenditure £ (212,329) (236,675) |
Balance at 31/03/2024 £ 56,621 |
|---|---|---|---|---|
| 56,621 |
15 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £1,163 (2023: £1,163)
16 Related party transactions
The Charity rents an office from the Chief Executive Officer for an amount of £800 pcm. This agreement has been authorised by the trustees on the basis that an office is required for the charity to function and an alternative office in the local area would cost thousands more than the agreed amount, especially when one includes the ancillary costs of running the office and storage. The Chief Executive Officer was also reimbursed £2,272 (2023: £1,424) for expenditure on behalf of the charity.
17