COMPANY REGIsfRATION NUMBER: 04609579 CHARfTY REGIsfRATION NUMBEIL. 1095708 Registrar of Companies HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 *AAFO)CCA• 22110r2021 COMPANIES HOUSE 11336 David Allen Chartered Accountants & Statutory Auditor Dalmar House BarTas Lane Estate Dalston Carlisle CA5 7NY
HOSPICE AT HONE CARUSLE AND NORTH LAKELAND COMPANY UMITED BY GUARArirEE CONTErirs Ito9 Independert aud(c¢S report IOto13 Ststsment of finanaal actmbes 14to15 BalarKe s 16 Statement of cash flows 17 Note5 to the finarKial ststemerts 18to34
HOSPICE AT HOME CARLISLE AND NORTh LAKELAND COMPANY UMITED BY GVARApifEE TRiisfEES' REPORT (INCLUDING DIRECTORS AND sfRATEGIC REPORT) The trustees, are direct( for the purposes of C(panY law, pret tre annual report together wth the finanoal statements of the d)arity for year e 31 Marth 2021. OBJEcfivES AND ACTMTIES Objects andaln The objectives of the Charity are to relieve the SLffterirKJ of a1 provide palliab've supportive rare to persons of eitlw sex a sufferirKJ from ary terTninal illne55, or from ary other physical or mentsl infirmty. disats'lity or disease establishment and wowson of dorniciliary and supportive Ca in such otlw Wa as the trustees shall from time to time determir. The Charitys sole area of charitable actity is promyon of dinical Sem. irKluding palliative aThJ of life nursng ca. aVerneftt aThJ famity 9JPPrt Wphoedema, i)ccupatioro1 and complementsry therapies in patients, hrynes. The Charrty has worked to ad)ieve these obiecbves by prold1 sk)e(ially trained dinicians who complement the Servi provided by DistriLt Nurses. Gerwal PraCtitsOr5 and Macmillan Nurses, thus maknrYJ the "stsying at home" ¢)ption a realisbc one. Ets servi are open to all palliative and end of life patients regardless of their age, addre$5 (within our dinical boundarie5). end-stage illness or finarKial ciroJmStan. The se is enb.rely free to the patients arKI their families. The Charlty s &J&rss Plan states that these wvices w1 delfftred by.. Improving patient care for as kJvJ as rcessary by empMerirwJ giwThJ a reall5C th)1 to those who wlsh to die at Me. . Optimigng the workforce. so as to wowde a thlled dinical wOrfO that erKompasses best practi, cOmeMents.ng the primary health care teams aThJ Spea"alist s&"5. . ProvidiThJ a levd of nuryng care and 5UPFQrt that meets the needs of the pabenL thelr relatives aTh carers whith is free at the wnt of 1. Engaging and developir¥J partnetship wothr¥J with tM)th strttrtory aThJ voluntsry organisations including those providirrfj specialist palliative care *NTrce& • Settir¥J out the fuThJing strategy based cn the th3nging requirements of Charity's 1)biecti've5. . Matthing the administrab'on of the Chartty to the ainical Services offeral. • Extending the ainical Samces offered as ¢Jetemined by need arml by national and local awdas as finarKes allow.
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMrrED BY GUARAKfEE TRusfEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) Pallmtive Care tÈvelopment Palliative care Is the artive totsl care of patients illnes5 is respsive to curatlve twtments. ContrL4 of pain, of other SyTnptoms arKJ of psyd)ological, social and writual problems is paramount. The goal of palliab.ve Ca is the athievement of the p)ssilAe quality of life for pab.ents and their families. End of life care is an imwrtant part of pallithe care aThJ usually refers to the management of patits at the stsge WI there steaty deteriorat in a patient's coTrJition and death is dose. The Charity is registered the FuThlraisr¥J regulatrr. vc4untary irKJeperth regulator of tharitable ftjndraising in UK. HOW at Home follow tsr code of Practi which ensures that fundraisiThJ is resFeciful, OF. arKI aCCountsb to the public. Tr Charity will continue to dhere to all regulations goveming fuThJraising arKJ ftloW any best practi guidelines that are issued to ensure siVe relats'ons are maintsirEd wth the generou5 I1 Feople vtho sUp[rt the cause. The fundraising departrnt always aim5 for the hhest stsndards in fU1raIrr4 arKI organise an annual plan which aims to meet the expeThJitwe reqUireMts within the finar131 pkn. Publici*nefit The trustees ccmfirni that they have aJmKlied with reqUireMts of sedion 17 of the tharities Act 2011 to have (Jue regard to the wblic b¥Efit guidarKe putlShed tharity Ctynmission for England and Wales.
HOSPICE AT HOME CARUSLE AfiD NORTH LAKELAND COMPANY LIMITED BY GUAIiANfEE TRUSTEES REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) RATEGIC REPORT The followng sectic¥)s for athievements and perfmarKe arKI finaTh?al miew form the strategic report c¢ the charity. ACHIEVEMENfs AND PERFORMAIICE Physical AchieEnts During the year nwnber of patient refwra15 was 824. L1 busIrEs continue to ¢)fftr wtsl yjpport ¥ia srowslNp and gifts in kj'nd. The Charity acknowledge5 tt Continued finanoal recession that bwgnesse5 are enduring and make requests for smaller amounts of funds (Y gifts in By c(¥rtaLtirvJ furttr bl"neSseS for supp)rt, the charity 15 able to forge new links arKI contacts. The sInesS Partners Inib"ab"ve ccrtinues to be Succe raigrwj the eqiivalent of £30.705 (2020.. £61,533) fr¢Jm gifts in kn"nd, StrShIp. ganised events. soft credits or donation5 Within their nesses during the year. a19) help to raise awarerEss by ttir supwrt of the Charity within their Workpla to stsff. customers a1 dients. At 31 March 2021 there We 44 bugrtss pathers (see bek)w). The Charity thars all Partners and bUnesseS for thar wtsl support aThJ continued commitrnenL Arc Eden Ltd Appleby Creamery Ltd Amstrong Watson LLP Atknnsons Building Ccrtrartrys Limit Davrd Allen Eddie Wannop Ltd Edtrb HOU9 Ass¢thtion sre Handles Lrmited Nilfisk rnited North Lakes Glass Ltd Orton GrJnge Cafe & Gifts Bulbush of Penrith Bumetts Sl0cK5 George Hud50n Integrity l)ffio Ltd Jill aencross 1TrjeFent Funeral Directors Peter Tyson Carigiet Cowen Ltd Rthard9)n Funeral Eirectors Carlisle )0urse John Nom"s of prith Stuy Homes Lid Tech 4 Offi Equipment Thcthas Graham & Sons Ltd Cadisle Refngeration rnited Carli51e United Fcotball aub JLkn drdSOn & Sjn Ltd Lard) Cottage Nurseries Uoyd Jaguar Land Rover LCSK Bus[rsS 5tern5 Ltd Cartmdl Shepherd Limited Cranstors Ltd Trade Copr$ Ullswater knrners Cubby cOrrULtI0n timitul Cumtedand Building gxiety Cr4Jd & Co Waitir¥Js Ltd M¢Xnight & son Builders Ltd Wm Armstrong (Lorytown) Ltd ities Group
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMrrED 8Y GUARANTEE TRusfEES' REPORT (INCLUDING DIRECTORS A14D sfRATEGIC REPORT) impart of Cowd 19 on fUra1%j evalts wos ggnifirant fvndraisirg income severely depleted. Tr tharity's decision not to furIoJh the fvThJrai5iry team meant tlw could a)ntinue to liaise with other furKlraisers. arrange digital events and keep swpporters infom)ed of oJrrent news and what is happenirKJ in the world of Hospitr at HcKne. website is an impcfftsnt to raise awarwk55 of tharity. This enables wr supporters to keep up to date with events and intb'atives pwdes valuable infLYmab"on on the work of the clinical se. Facebook and Twitter have both Lsed to market events ar)d have helped tremendoUv on rtain rKcagon5 to e[Ourage participants to take part and relay the images of events. As always the tharity's fundrai&ng 9Jccess could t))t be atheved withwt the help aThJ support of indimduals and of I1 businesses a1 cryanIsatiLS that have gerWouY d(Thted valuat4e ftJnd5 and offered wsorship suptJL FINANCIAL REVIEW accounts strM)w net irKome over exr0ltUre of £569.785 ctynpared to a defiot of £64,723 In the premous year mainly as a result of irKrea5es Iri most Ir Sour wtth the obwous exceptions of p incorne and fUtionS aTha evwts dl to the Cowd 19 re5tricb'$. Expenditure was less than prou$ year with costs belThJ closely monitor&J and stsff costs reduced following furloughing of some staff. Towards the en(J of the financial year value of 5t(M market inve5trwts rose sgniftcanvy resulting in gains of £121.341 on the Val at stsrt of the year. The Trustees have detemiined free reserves should be at least equivalent to the greater of 6 months budgeted costs or the FQtential dose down costs. An equivalent sum should te kept in cash reserves separate from Ottr fu1$ arKJ wewed annually 0e a new budget has been akwroved by the Trustees at the accountiry date. Reserves exceeded this crTteria at the year eThl. Funds required for the day to day running costs, based on the annual bw, shwld be kept in the compan5 bank cuffent account and any instsnt access acc(xrt with an inslitt by the financial service5 compensatron S( (F.S.C.S). Any other funds not required for the day to day running costs are to invested in indtw.dual UK based institutions covered by the F.S.C.S. into funds managed on an adwsory basis by Arc Eden. The criteria we use to invest in are medium risk investments. Transfers out of managed fuThJs can be made by the FinarKe and Inccffne GeatiOn Commttee fvrther investments into managed funds are by recornmendab¢Jn of finance and IrKome Geration Committ& to the Board.
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY UMITED BY GUARANTEE TRusfEES' REPORT (INCLUDING DXREcfoRS AND STrATEGIC pORT) The a)arity recaved finanaal SUPPKJrt from the ainical cOnlsOniryj Group (CCG) devow from the NHS and Ho5 UK grants furkled by NHSE. Thi"s contrr"tMJtion to costs gives confidence against a bad(groUtl of the very wdcome vduntary pt. The Onty is prOftY gratef to all in the community for the excellent 9JPF#Nt received. Another form of funding are Iwies vthich the ality recerves from 9JkVters, although this source of ino)me Is not guaranteed. PIANS FOR FUTLIRE PEIUODS Aimsandkeyobiedives forfuturepwT•ts In the light of what was learwl throwhwt year HOV at Home have devdcyed a three-year Strategy (April 2021 - Mard) 2024) outlining four (tsmmilmerts, t)se of Holistic Exemplary Care, Sustsinability. Engèging with Stskeholders ar41 Pparry for Futu Needs all of which are enl by speclfic pnorib"es. The annual buS1r plan (April 2021 - Mwth 2022) entifie5 the key actiors that are required to thieve the priorits.es within yew and over timvJcale of the Strategy. srRiJcfuR4 GOVERfiANCE AND 14ANAGEMENT The Company Is consb"tuted under a Memorandum of As(latiOn dat8J l April 2003 arKJ is a registwed (harity, numtw 1095708. The priro e object of Company is to provide palliab've and supi))rtive care to tvsorfj thr¥J from any temiinal illre55 in th'r own h)me. The fmrertors of the Company a a150 Chanty Trustts for tro purpR of tharity Law and In the CompanV5 Artides of Association are de5crited as Trustees.
trIOSPICE AT HOME CARUSLE AND NORTh LAKELAND COMPANY LIMITED BY GUARAPITEE TRusfEES' REPORT (INCLUDING DIREcfoRS AND sfRATEGIC REPORT) The management of the company is the resp)n&bility of the Trustees are elected a1 ctropted under the tern of the Artides of ASs.a"0n. Tr m3MuM number of Trustees is 15 and the minimum is 3. At each annual general rting one third of the Trustees the time being or, if their number is )t 3 or a multiple of 3, then the number nearest or third, shall retlre from office. The Tnjstees to relire are those who have been I in Offi •r last eleth"on. A review of the TnA5tees' skills is carried ¢JJt regarty where a skj'll is Tr)t represented the Board Wential appcintees are either apoyoathed to offer themsdves for decaon adtiSements are placed in Itxal newspaper5 arKd on the Charity we"te. Deasicffts regarding the management of Charity are tsken at Eoard rneeting5 whith are held every months. Trre are 4 SgrOupS whith rewt to the Board and these are ainical Assuran, wcthO. Health & &fety and Inc( Generats'on. The Company Seuetsry aThl Chief Exe0"Ve Officer atteThJ P4)ard meeb"rrfJs neither has a vote. The Chief ExeoJtive Officer takes overall I'11ty for leadership of the Charity. Induction •ndtralning New Tntstees attend a Lyiefirrtj ses90n with the Chair a1 other officers whith covers aims of the Charity. Tru5tees' duties, t Charity constitution arKJ finarKial posit[. It is enhan¢ed by an IndtiOn manual produced by Hostmce UK. Trusts atterMI training events as required and gjpport can be accessed via cria Cnl for Vduntsry Semces. The p(Aicy for care staff is based on the remurLerats"on of simikir emF4oyees in the NHS ugng pre 18-19 NHS pay scales and Inflat with a)sts of liwrwJ increases. for fU1raiSing. Offi and administratiix) is based ¢y) National Joint Cwnoil pay scales which are loral gM)vemment pay xales used in the voluntsry sector. The Tntee5 have assessed may risks to W(h the Compary is &tx)sed, induding in particular those lated to the operations a1 finae of the Company. This is done through a Corporate Risk Register on a kn"_monthly bags. Tnjstees are sab'sfied that systems w0ureS are in place to mitigate ext*)sure to the maiy risks.
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY UMttED BY GUARAfiTEE TRvsfEES' REPORT (INCLUDING DIREcfoRS AND sfRATEGIC REPORT) REFERENCE AND ADMINISTRATIVE DETAILS Mrj Dcla Prof S Reveley (apFKXrted 16 February 2021) Mr J F McLaren (retired 30 2021) Mr M K aemwts Mr M Cougns MrsMADNry D C WLXNI H A tnnIng Mr5 E A Pkcolgan Mrs M Gray (apwntgj 16 Fetxuary 2021) Mrs D Slater (appointed 16 Febnjary 2021) Mrs S ack {apwnted 16 February 2021) Mrs S J EkJ'ns-Pamell {r&red 22 knember 2020) Dr A Miles (retired 31 December 2020} Mrs C Sheridan Principal Office Valley Cwrt Barras Lane Estate Dalst Carlisle CA5 7NY The drity is IrTEated in Enand & Wales. 04EI19579 Company Reglstratlon Number Charity Registration Number Solicitors 1095708 Cartmdl grd Bishops Yards Penrith CAII 7XS Bankers u15 5-6 Kirwj Street Penrith CAII 7AP
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIREcfoRS AND sfRATEGIC REPORT) Audltor David Allen Chartered Accountsnts & Statutory Auditor Dalmar House Barras Lane Estste Dalston Carlisle CA5 7NY FINANCIAL INsfAUMENTS The charity's actiwties ex It to a nter of finala1 rlsks inding dit risK cash fkm risk and Iiqu5dity risk. The charivs activities exw6e it primarty to the finarrial risks of tharvJe5 in interest rate The charivs princ3pal finanaal assets a bank balances atmfj cash, trade arml other receivables, and investsnents. The charivs credit risk is primarily attributsble to tts trade receivables. The amounts presented in the balan sheet are net of allowarKes for doubtful reC&vae5. An allowarKe for irnpaimit 15 made where there is an identified loss et whi(h, tlSed on prewous eXer1en, is eviden of a reduction in the recoverability of the cash flow& The trgjit risk on liquKJ funds arxj der?vati financial instruments is limited becaLse the counterparties are banks with high credit-ratiws assgned by intemab.onal tredit-rab.ng agencies. The charity has no 9gnificant cOnntratiOn of credit risK with extM)sure spread over a large number of counterparties and oJstomers. Llquldltyrfsk In order to maintsin liquidity to ertsU that suffent fthjs are avaiiat4e for ¢JvJoing operntlons and futrj develoFNnert5. the dMrity a mixture of Iot¥J4emi and slMJrt4em) cash dewsits.
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS AND sfRATEGIC REPORT) statement of Trustees, Responsibilities The trustees (who a also the directors of Hospi at He Carfi51e and North LakelaThl for the purposes of company law) are respon&ble fcf preparing tru5tees' report and the finandal ststements in aCc(darKe with tIE United Torn AccwntiThJ Stsr¥Jards (United dorn General Accepted ACcCHJnti Practi) ap1(able law aTrJ regUlaticS. Compary law requires the trv5tees to Prepa firkirKial statenEnts for eath finanoal year. Under company law the truste must not approve the financial ststements unless they a satisfied that they give a true and fair wew of stste of affairs of the tharitsble company and of ts incoming resour and application of resour, indudiro its income and ewIitu, for that period. In pParing these finaryial statements. tt trustees are required to: select suitstAe accwntir¥J AlOeS ar them corfystenty: observe the metthts and principles in Ctrities SORP; make Nhjgements and estimates that are rea9Thble aThl tYLMI state whether applicable UK Accountir4J StsThJards have been ftAlowed, subject to any material departures disdosed aTrd explained in finala1 statemts. afj prepare the finanaal statements on goir*J corKem b"S leSS it is inappropyiate to presume that the charitsble company will conb'nue in business. The trustees are resp(M)gble for kee"rj adequate accounting records that are sUffi0t to thw arKI explain Charttae compa$ transacbons aTrJ dI105e with reasonable accuracy at ary tr'rne the finanaal poSitn of the charitable company a1 enable them to en9Jre that the finaJaI statements comply with the Companies Act 2006. a also res[61b for safeguarding the assets of the charitable compary a1 hen for tskn'n9 rea9)nable step5 for the prevention arKI dete¢bon of fraud a1 other irregularitie& The annual report and strategic rewrt was aForoved ty the birtees of (knty on 24 Awjust 2021? signed on its behalf by.. Mrs E A McCc4gan Trustee
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMfTED BY GUARAIITEE INDEPENDEiif AUDrroR'S REPORT TO ThE MEMBERS OF HOSPICE AT HOME CARLISLE AND NORTH LAKELAND OPINION We have audited the finarKial staternts of Hospice at Home Carli a1 North Lakeland (the 'charity') for year ended 31 March 2021. whith c(¥nprise the Ststernent of financial activities, Balan sheet. ststement of cash fl¢Ms. and Notes to the finawal Ststery)ts, induding a summary of significant accountirvJ klIaeS. The finarKial repK)rbng fratywiork that has been applied in their PparaOn is United KirKJdom Accounting Stsn(lards, comprising Charib'es SORP - FRS 102 The Finanoal RepoftirKJ Stsndard applicable in the UK and Reput of Ireland, and apIcab law (Unlted ngdom GerallY Apted AccwnbrJ practi). In our oplnl¢M tFE finanoal ststements.. give a true fair view of the state of ¢thanVs affairs as at 31 March 2021 and of its incorning resources and applicab. of rey)urs. ind1j its in(x)me aThJ expenditure, for the year ttr ended: have been property prepared in accorda with Unitèj ngdOrn General Accepted Accounting Prath.,. aTh have been wepared in xcordarKe with reqrements d the Comparies Act 2trf)6. BASIS FOR OPINION We conducted our aLMlit in accordarKe lntemab.onal StsTrJards cffl AudilJ"ng (UK) {IS4s (UK)) and applicable law. Our respons'litieS under those standards are further described in the Auditorfs responsibilities for the audit of finarrial statements sectton of our reF4Xt. We are indeFen(Jent of the (harity in accdan wth the ethical requireffents that are relevant to (yjr audit of the financial statements in the UK. indudirvJ the FRCS Ethical Stsndard. a1 we have fUilled our other ethical responsibilities in accordan with these requirements. We leve that alt eden we have obtsined Is suffioent aThJ appropriate to Wde a basis for our LyinKm. Conclusions relating to going concern In auditing financial ststements, ¥ have coTrJuded that trust of Ihe going cOnM basis of accountirrfj In preparation of the financial ststwnents is apprwiate. Based on the work we have F*rfomied, we have idwbfi&J any material Unrtaine5 relating to events or condith.ons that, individualty or cc41ecbvely, may rAst signtficant doubt on the thariV5 a'lIty to continue as a going concem for a terKKJ of at least twe mnths from when original finanoal ststements were authorised fLw iSsL. Our reswnsibilities and the reSp)nbIlIeS of the Irustees With resp to wng concem a described in the rdevant sectn5 of this re[. OTHER INFORMATION The trustees are resFongt4e the ots informati(m. The ottv Informatic comprises the irfomation indudFAJ in the annual rewrt. than fina31 ststements and IM auditorfs port thereon. Our opinion on the finanoal statements does t cover the otlw informkn.on and. expt to the extent othth'se ewiatly stated in our por( we do Mt express any fomi of assurance io-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMITED BY GUARANTEE INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF HOSPICE AT HOME CARUSLe AND NORTH LAKELAND In cOntIon with ow alt of the finarKial Strtnts, our resp)nsilIty is to read the other infonnation and, in doing so. Coer whether the ots infomiation is Material inconsistent with the finanaal ststements (K our kThedge obtsined in the audit or Otlse appears to be material misstated. If we identify such material 1rhStenQeS apparent material misstatements, we are required to detemiine whether there is a material misststement in the finaal statements a material misstatement of the other informatK)n. If, based on the work have Ormed, we condude that the is a material misststemert of this other infmation, we are required to report that fart. We have ncthiry to report in this regard. OPINION ON OThER MATfERS PRESCRIBED BY THE COMPANIES ACT 2006 In our okNnion, based on the work urKlertsken in the cowse of ts audit: the inforThation given in the Tru51ees' report for the financial year for which the finanoal statements are prepared is consent financial ststements; and the Trustees, rept has been prepared in acCOrdar applicable legal reqiirements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the light of our krlowledge aThJ understsnding of the company and its environrnent ¢knined in the course of audlt, we have t identified material misstatements in the Trustees, reForL We have nothing to report in respett of the followong mattws where the Companies Act 2006 require5 us to report to you if, in our opnion: adequate accountirKJ records have Tr)t Lw) kep¢ or returrts adequate for cu audit have rK•t been received from tathes Th)t wsited by us; or the finanaal statements are rnt in agreement the accounting reccds and retsjms; or certsin (U5closure5 of tnjstees remureration stHified by law a not made; or we have not rereived all the information a1 eWanations we requi for thjr alL RESPONSIBILrriES OF TRusfEES As explained more fully in ststernt of Tnstees, re5wix1ity [set wt page 91. ttt trust are responsible for preparation of the finarKial ststements and for being satisfied that they give a twe aTrJ fair view, and for suth intemal contrd as the tnjstees determire is wessary to enable the prepardt'on of financial statements that are free from material misststement, whether d to fraud or error. In preparing the financial statements. the trustees are resEnsible for assessirKJ the charity's ability to Cwts'rb as a going concem. disdog'ng, as applicable, matters lated to g(xng concem and using the going concern baS of accountirKJ unless the trustees eitlw irtend to liqiidate the charty or to cease operaknons, or have no realistic altefflats.ve Lxrt to do so. li-
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY UMITED BY GUARAfiTEE INDEPENDENT AUDThOR'S REPORT TO THE MEMBERS OF HOSPZCE AT HOME CARLISLE AND NORTH LAKELAND AUDrroR'S RESP014SIBILmES FOR ThE AUDIT OF THE FINANCIAL STATEMENTS Our objecbves are to obtain reasonable assuratKe ab(Krt vhther finan(ial ststements as a whole are free from material misststemen¢ whether due to fra or errty, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of a$sUrae, but is not a guarantee that an audit condutted in accordan with IS4s (UK) wll always detett a material misstatement when it Sts. Misststements can arise from fraud or error and are considered material if, indiv¢dually or in the aggregate, ty COLld reasonabty te exFectsd to inflLe the ecor lS1on5 of users taken on the ba&s of t finarla1 ststements. Irregularities, indtsdit¥J fraud, are Irf of tJ)n-compliartt with Faws and regulations. We design prOdureS in line with our res&K>.11ts.es, (JJtlined aLx)ve, to detect material misstatements in reSIrt of irregularitr"e5, indudirNJ fraLMI. The extent to wfkh our lureS are capable of detecting irregularib"es, indudiTrJ fraud is detsiled below: . sCUSng with the Tnjstees aThJ managen ttir kx)liaes aThJ woc8knes regardirv4 comFliance th laws and regutstiOr. . Communicotirg identifted laws aThJ regulaticffj thr(vJh(Kt ow uvjagement team and reynaining alert to any indic2b.ons of non-complia throlhoUt our audit: and CorNdering risk of acts by ttE dwrity which were crtary to aWicabk laws and ulations, indlI¥j fraud. Our at wocedures in relation to fra1 itKILMJed but mt limited to: . m?ng quirieS of the TnJ5tees arKI Managemert Ntsther they N4d knovAedge of any artual. suspected or olleged fraJ. • GainirKJ an understanding of the intemal contrds established to mttigate risks related to fraud; • Discussing amongst the engagement team the risks of fraud; arml • Addressing the risks of fraud through management override of contrds by FefornNng )jum entry We are not reSnSible ft)r detectir#J fraLKI arKI preventirrfJ Th)rcOmpliare and canriot be expected to detert all fraud ar#J non%pIlan with all laws arKI wulatiorts. Tr primary respx)ng'bility for the prevention and detertion of irregulaniies itKludirrfJ fraud rests with trf)th the Tntstees and ManagemenL As with any audit, there remained a risk of rN)n-detectron of irregularib"es, as ihese may involve collu5i¢)n. forgery. intentional omisgons, misreprewtsticrs cr the override of internal controls. A further descripts'on of our respbilitieS is available on the narK]31 Rep)rting Cojncil's wthte at: www.frc.org.uklauditorsresponsibilib.es. This d"ptstsn forms part of our adItor'S rep) Iz-
HOSPICE AT HOME CARLISLE AND NORTh LAKELAND COMPANY LIMITED BY GUARAlftEE INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF HOSPICE AT HOME CARUSLE AND NORTH LAKELAND Use of our report This reFort is made solely to the ch3ritsble company's tnjstees, as a body, in accordan with Chapter 3 of Part 16 of the Companies Act 2C#)6. Our audit work has undertaken 9) that we might state to the charity's trustw those matters we are required to state to them in an auditorfs reEKsrt and for no other purF*)se. To the fullest extent pwmitted by law, we Th)t accept or assume responsibility to aTrY ots than the charitse compary and its trustees as a trf)dy, for our audit work, for this rep)rL or the opiniors we have fed. AUSON WELTON (Senior StabJW Auditor) For and on behalf of Dawd Allen Chartered Accountsnts & Ststutory AltOr Dalmar House Barras Lane Estate Dalston CarlIe l IOII 13-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMITED BY GUARANTEE srATEMENT OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31 MARCH 2021 (INCLUDING INCOME AND EXPENDrruRE ACCOUNT AND SfATEMEr OF TOTAL RECOGNISED GAINS ANO LOSSES) Total Total 2020 Income and Endowments: D(nation5 and legjeS Charétsble actmtr.es other trading actimties - Fundraising tradirv4 Investment irKome 935.106 370.568 303,802 1.238.9)8 370.568 605,724 340,261 275,(X19 275,(M)9 399,992 Total income Expenditure on: Roi&i7g funds Voluntsry inc(ffie Fundraising tradiro Charitsble artivities 1361857 (183,137) (167.174) (183,137) (167.174) (209,284) (165,264) 1052 032 Totsl eywxlittKe 1021 169 1324 971 1426 580 Net incomel{eXpendire) before investsnent galnsl(losses) Gain/(ioss} on revaluation of investments 569.785 WJ,785 (64,723) 15 121341 Net incomel(expenditure) 691126 691126 121829 Net movement in fiJnds Reconciliation of funds 691,126 691,126 (121,829) Totsl fvnd5 brought for¥wdrd 1709 392 325 1709 717 Totsl funds carried forward 21 2 4¢ 518 325 2 400 843 1709 717 -14-
HOSPICE AT HOME CARUSLE AND NORTh LAKELAND COMPANY UMmD BY GUARAPITEE srATEMEPIT OF FINANCIAL ACllVITIES FOR THE YEAR ENDED 31 MARCH 2021 (INCLUDING INCOME AND EXPENDrruRE ACCOUNT AND sfATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) Total 2020 Income and Endowments from: Donab"ons and legaoes Charitable acts'vities Other trading acbwtie5 - FuThJraisirYJ trading Investment IrMe 605,724 340.261 605,724 340,261 399,992 399,992 Totsl income Expenditure on: Voluntsry incorne Fundraising tradlng Charitsble aCtltS 1361857 1361857 (209,284) (165,264) 1052 032 (209,284) (165,264) 1052 032 Tot expenditure 1426 580 1426 580 Net expltUre befrye invethrt gains/(losses) Gaiffj11055es on irwestment a55ets (64,723) (64,723) Net exp¥Kliture Transfers beeen fiJThJs (121.829) (121,829) Net movement in fuThJs Reconciliation of funds (117,227) (4,602) {121,829) Totsl fuThJs brought forward Total furKts carried forward 1826 619 21 1709 392 325 1709 717 All of the charrty's actiwtses denve from crtInu1[j operations durir4J lJ)e aL)ve tsvo pe1$. fur¥Js breakdown for 2021 afKI 2020 is K)wn in [e 21. 15-
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY UMITED BY GUARApifEE BALANCE SHEEf AS AT 31 MARCH 2021 2021 2020 Fixed assets Tangible assets Investments 14 15 21,607 45,501 490 822 393 375 Current assets stocks Debtors Gish at bank a1 in ha1 16 17 2,227 207,494 1782 057 2,924 325,549 1074 071 1,991.778 1,402,544 Creditors: Amounts falling due within one year 18 Net current •ssets 1910 021 1316342 1709 717 Funds of the dbarity: Restricted Income fvnds Restn'rted funds 21 325 325 Unrestricted income fvnds Unresthrted funds Totsl funds 21 1709 717 The flnanoal 5tstements on pages 14 to 34 were approved by the IJUst. and aUtriSed for Lssue on 24 Awust 2021 and &gned their tehaif by: Mrs E A Mccdgan Trustee Reglsirat1 numt%r: 046CV3579 16-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMITED BY GUARApifEE srATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Cash flows from operating activiti85 Net (ash inayne/(expeThIitu} 691,126 (121.829) Adjustments to ¢ath flows from non.¢ash iten Depreciation Investment income Revaluation of investments io 24,805 (10,271) 121341 26.830 (15,880} 584,319 (53,773) Working capital adjustments Decrease in stc Decreasel(increase) in debtors (Decrease)/in(Tease In (Teditor5 16 17 651 (179.558) 118,056 Net osh flows operatr.ng tivitieS 698 628 229 050 Cash Ilows from Investing activitles Interest receivatAe ar gmilar income Purchase of tangit4e fixed assets 10.271 913 15.880 14 Net cash flows fr(Yn Inve5tiro activities Net increase/(decrease) in cath arKd cash equNalents 707,986 1074 071 (231,583) 1305 654 Cash and cash equivalents at l Awil Cash aThJ cash equivalents at 31 Marth 23 1782 057 1074 071 All of the cash flows are derlved from continuiThJ opw*ions durirrfj the above penods. 17-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMrrED BY GVARAiifEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 I CHARrrY srATUS The charity Is limiW by guarantee, irOrtted in Ervjland & Wales, aThd consequenoy does not have share capital. Each of the memt)ers are liable to contriLMts an am(NJnt not excealing £1 towards the assets of the tharity in the event of liqUation. The address of its registered offio is.. Valley Court Barras Lar Estate Dalston CarlIe CA5 7NY These financial ststements wwe aLthryi5ed for issue by the trtee5 on 24 August 2021. 2 ACCOUNTING POUCIES Summary of significant accounting policies and key accounting estimates The prindpal aCcntirj 1cleS aled in the preparabon of fironoal statements are set out below. These policies have teen cstenty ap11 to all the years presented, unless otheN4ise ststed. ststement of complian The finarrial statements have prepared in accordan AccountiThJ and Reporting by Charities: Statem of Recommended Practi appli0e to dr[b"e5 preparir4 their accounts in acCOrdar with the nanC7a1 Rewb"rKJ StarKlaid apF4icabte in the UK and Republic of Ireiand {FRS 102} (effective l January 2019) - (Charities IRP (FRS 102)). the Finarrial ReFX)MJng Stsndard appliCae in the UK and Rewbh'c of Ireland (FRS 102). Try also CoMY 4th the Companies Act 2fy)6 Ch¥tties Act 2011. Basls of preparation Hosp1 at Home CarlIe and North Lakeland meets the deflnlbon of a wblic benefit entity under FRS 102. Assets and liabilib.es a inib.ally recognised at histon.cal cost (Y transattion value unless oth¥Se stated in the releVt Kcounts'ng policy Th)tes. The finanaal statements are prepared in stsrliThJ. whi(h is the fU)no4 cer(Y of tharitst4e company. Monetary amounts in these financial 5tstements are rou to the nearest £.
HOSPICE AT MOME CARLISLE AND NORTh LAKELAND COMPANY LIMITED BY GUARArirEE NOTES TO TIIE FINANCIAL sfATEMEPITS FOR THE YEAR ENDED 31 MARCH 2021 Going concern The trustees COr1(r that ttve are no material rtaInt]eS aLxArt tharitys atility to ctsntin as a going concern nor any signifiont areas (rf urKertsinty that affect carryiThJ value of assets held by the charity. Income and endowments All income is recognised On thanty has •tiernent to iome, it is probable that the income wlll be received and amount of the income reCeiVae (on be measur1 reliatAy. DatiOnS are recc43nisgJ when the tharity has been r)tified in wriiing of toth amount aThl Settlement date. In the event that a (Jonation is 5ubJett to corKJitions that uIre a level of performance by the drity tth tharity is titled to the fu5. income is deferred and not recognised until either those conditi{ are fvlly rneL or the fulfilment of those condltions is wholly within the control of the drity and it is probable that these Con$ will be fulfilkd in the reporbng perlod. Grants receivable Grants are recconised when the chafotaue CLMmpany has an entrtlement to the funds and any cond5b.ons linked to the grants have met. Where Ferforrnan condib"rS are attached to the grant and are yet to be met. i1orne is reC(Sed as a liability arkj iThJuded on the balan slEet as deferred income to be rdeased. Income from fiJThJraisirKJ events urJertkn in the year ts recc#Jnised vthen there Is eviden of entitlement, recapt Is rKobaLle rts aM¢t can be measured rlab. Interest on deposit fvnds W is indthyed receivoble and the amount can be measured reliably by rharity whith 15 normally uw)n tifiCatI of the interest paid or payaLle by the ban Expenditure All expeThJiture is recognised On there is a legal iy cStrti obligalit to that enditure. ft is probable settlement is required and the amount (an be measured reliably. AJI costs are allo¢3ted to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headirKJS tlw have t1 allLKat&l (MJ a basis consistent with the Use of reSoUrs. with central stsff Costs allc¢ated on the bass of time spent, and depreciati tharges allocated on the port.on of the asseys use. ottr SUFPJt costs are allocated based on the spread of staff costs. Rai*ng funds These are costs irKurred in attrartiThJ lUntary irKome. the management of Innts arxl those Irrred in trading actsvitses that rdise funds. 19-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY UMtfED BY GUARANTEE NOTES TO THE FINANCUL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 aiarftable adivities Charitsble expenditure comprises t costs ir£urTed by in the delivery of its activlties and seNices for its benefioaries. It ilu(S tyJth costs that can be allocated direcby to actiwties J those co#s of an indirert natwe necessary to 5UPkXYt kn. Support costs Supi)ort Costs indude centrdl fvnctions and have be allrtsted to athity cost categories on a basis consistent with the use of resources, for eXaMe. allocatirKJ prot*rty costs by fle areas, or per capita, staff costs by the time spent aThJ Oth costs by their usèje. Taxation The dllty Is corsdered to pass the tests set out in Paragr3Fth I Schedule 6 of the Art 2010 and therefe it meets the definthn of a tharitable compary f UK cortffition tsx purposes. Accordingly. the tharity is potentially exempt from taxati in resFttt of income or capitsl gains received within Gltegories covwe(I by (thapter 3 Part 11 of the Cortx)ration Tax Act 2010 or Section 256 of the Taxation of (hargeat4e Gairs Art 1992. to extent that suth iome or gains are appliej exclusvely to d)aritsble pwp)5e5. Tangible fixed assets Individual fixed assets costing £1,000 or more are Initialty recorded at cost, less any 5thequent acoJmLdated depreciation and subsequent accumulated impairment1055es. Depreclatlon and amortisation Depreciation is provided on tsngible fixed assets so as to te off the mst or ValuaOn, less any estimat&J 51¢)JaI value, over their exFected lej1 LCniC life as follows: Asset class Depredation method and rnte I)ffi equIent 25% Straight lir Motor vehides 20% Redwing balar Leasehold protty imrfftnents 20% Stralght line
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMITED BY GUARAlftEE NOTES TO ThE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2021 Flxed asset Investments Fixed asset investments, ots than progamme related inVeStmts. a indud&J at market value at the balance sheet date. Realised gairs aThl losses on investments are catCLdated as tr difference btheen sales woceeds and tsr market value at the stsrt of the year, or their subsequent cost, and are charged or credited to the Ststement of finanaal Activities in wicMI of disposal. Unrealised galns aThJ losses represent the in market Val during year and are credited or charged to tement of finanaal Activibes based on the mt value at the year end. Stock Stock is valued at the lower of cost aNJ estimated selliry k)rKe less Costs to cornete and sdl, after dve regard for obsdete and slow mo¥ir¥J 5tc(k5. Trade debtors Trade debtors are amounts due from tystomers for merchaThlise or seNces k*rfomied in the ordinary course of t"ne5 Trade debtors are recognised intti.ally at the transaction pri. Try are subwuenuy measured at amortised cost Ugng the effecbve interest method, le55 pThision for impairmerbt. A pmwg'on for the impairment of trade debt(n Is estriJi5 there is obiectve eee that the charity wlll not be able to collect all aftbjunts acc(1 to the origir531 temis of receivabS. Cash and cash equivalents Cash and cash equivalents corrtEYfse cash on haTrl aTrJ call deFosits, other short-term higNy liquid investments that are readity convefo'ble to a known amount of cath arKJ are subjett to an ignifiCant risk of tharye in value. Trade credito Trade creditors are obligaonS to pay for goods or samces that have been acquired In the ordinary course of business from suppliers. Accounts payable are dasgfied as ojrrent liabilities if the tharity not have an unconditional right, at the end of reportir#J peri¢)J. to defer settlement of the creditor for at least twelve month5 after the rew)rtiw date. If the is an uncorMJitional right to defer settlernert for at least twelve months after the rewrtiryJ date, are wesented as mn-current liatj'lities. Trade credit5 are recTrJni5ed inib.ally at the trawcti W aTrJ subsequenily rneaSU at morb'sed cost usiry the eff&tive interest mettr. -21-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPAfiY LIMrrED BY GUARArirEE NOTES TO THE FINANCIAL STATEMEtITS FOR THE YEAR ENDED 31 MARCH 2021 Fund structure Unresth'cted irKome furhts are general fvrs thèt are availate fix use at the trL, discretiffi in furtherance of the objertives of the tharity. Designate¢J funds are unrestricted funds which have been set agde by Tnjstees for o parbcukr purpose. The aim and use of each dgnate fiJThJ is set in note5 to the finarKial ststements. Restrtcted income fuThJs are those ated use in a partiojar area or for specific purposes, the use of which is restricted to that area puw. FinanciJl inStrumts The tharity onfy has financial assets and finanaal th'a.1rtL'eS of a kn.nd that qualify as basic financial instruments. Basic finanoal inStrumts are inits.ally rectynised at transaction value aThJ subsequen measured at thar settlement value with the exption of bank loans whth are subsequendy mea9Jed at arnO5ed cost using tt)e effective irterest meIJ. The t*st evidence of fair value is a quoted pri for an identical asset in an active market. When quoted prices are unavailable, the Pri of a ret transartim for an 5)tical a55et pffjwdes evidence of fair value as long as ttwe has not been a signifi(2nt charoe in economic orcumstan or a significant lapse of time sn the transact.on took pla. If the market is not acttve and rent transactions of an idents.cal asset on 1r own are not a 9)d estimate of fair value, the fair value is estimated by using a valuation techThque. -22-
trIOSPICE AT HOME CARUSLE APID 140RTh LAKELAND COMPANY UMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMEpffs FOR THE YEAR ENDED 31 MARCH 2021 3 INCOME FROM DONATIONS AND LEGACIES Total 2021 Total 2020 Donations and legaoe5' Memorials Personal Organi5ation5 Functions and ev Legaoes Gifts in kj.nd Hospice UK grant Unre5tri¢led grants 97,431 110,781 69.468 101,880 22,334 15,030 97,431 110,781 65,085 79,249 48,999 188,159 96,070 24,077 101,880 22,334 15.030 303.802 518 182 303,802 1238 908 605 724 The Hospi UK grant wa5 furmled by NHSE. Unresthcted grants IndLKles income recelved fr the coronnJS Job Retention 1Me. 4 INCOME FROM CHARITABLE ACllVmES Total 2021 Total 2020 General 370 568 5 INCOME FROM OTHER TRADING AcnvmES Total 2020 2021 Trading Income: Shop income Hundreds d Other sales Car leayThJ contiibutions Intemally generated event income 128,084 128.084 208,515 1,244 23.316 21,092 145 825 31,174 17.746 31.174 17.746 275 009
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMITED BY GUARAKfEE NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2021 6 INVESTMENT INCOME Total 2021 Total 2020 Interest retyvable ar)d gmilar income; Investment income 7 EXPENDrnIRE ON RAISING FUNDS a) Costs of generating donations and legaaes Total 2021 Totsl 2020 Generdl other fvrKlraisirYJ costs Premises costs Wages and salaries EmF4oyes national insurarKe Depreciation 29,935 13.704 125.51KI 9.256 29.935 13,704 125,5(KJ 9,256 66,286 16,931 112.434 8,823 183 137 183 137
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMtrED BY GUARA14TEE NOTES TO THE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 MARCH 2021 b) Costs of tradlng activlties Total 2021 Totsl 2020 FundraisirrfJ trading costs; Other trading costs Dirett shop runniro costs Hundred aub payments Wages and salaries Employer's national insurarKe Deweoation 7,760 52,104 7,760 52,104 7,757 58,309 436 91,734 4,965 IlJ),442 100,442 167 174 167 174 165 264 8 PROVISION OF CARE 2021 2020 Nwsng expenditure and consumables Wages and salaries Employers, national insurar Volunt&r expenses Gifts in Kind Allocated support costs (Note 9) 72,744 453.S 47,556 826 n,7 757.702 47,556 826 79,491 797,583 51.996 6,318 3.077 113 567 303.2 1052 032
HOSPICE AT HOME CARLW AND NORTH LAKELAND COMPANY LIMrrED BY GUARArirEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 9 ANALYSIS OF SUPPORT COSTS Support Costs allocated to provision of care Total 2021 Total 2020 Wages and salaries Employe¢s nab.onal inSurae Premlses costs Depre(iation Other cost 36.236 2,608 3,490 18.001 47,513 4.419 4,501 19,957 113 567 IONEf INCOMINGIOUTGOING RESOURCES Net incomingl(ouWThJ) re5c4x for the yEar irkJLKIe: 2021 2020 Operating leases- other assets Audit fees other non-audit servios Depreoation of fixed assets ,594 3.000 1,500 81,278 1,5LKI IITRusfEES REMUNERATION ANO EXPENSES No trustees. nor any persc¥is connected with them, Kive reced any remun¥ation from the tharity during the year. No trustees have recaved any rambjrsed exper6es or any ottsr tenefits from tharity durirrfJ the -26-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMITED BY GUARAiifEE NOTES TO THE FINANCZAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 12sfAFF cosrs aggregate pa1 costs were as follchvs: 2021 2020 Staff costs durlng the year were: Wages and salaries Sxial Security costs 1,019,881 1,049,264 1084 107 1 119467 There has been a reduction In staff costs as a regjt of furlwhiThJ several staff throhr the financlal year. The mnthty average nurnt of perS¢S (induding senr Managent team) employed by the tharity during the year expressed as full time equivalents was as fdlows.. 2021 No 2020 Fundraising staff ainlcal stsff Trading staff Housekeepng stsff 41 39 S5 rqo wmployee receiv8J emoluments of more than EElI,CiN) durirtrj the year. totsl empioyee t*nefits of the key management perw)nel of drity were £156,668 (2020 . £153,932). 13TAXATION The charity is a regi#ered chanty a1 Fs thereth exempt from taxation. -27-
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMrrED BY GUARArirEE NOTES TO THE FINANCIAL sfATEMEKfs FOR THE YEAR ENDED 3114ARCH 2021 14TANGIBLE FIXED ASSErs Motor hnprnvements equipment t*ehkks Totsl Cost At l April 2020 AddItiC 71.863 55.783 913 11.998 139.644 913 At 31 March 2021 Depreciation At l Awil 2020 Charge for the year 57.045 2,560 94.145 At 31 March 2021 118 950 Net b(k value At 31 March 2021 At 31 Marth 2020 15FIXED ASSET INVESTMEP4TS Other investments Listed Cost or Valu•tsan At l April 2020 Revaluation 347.874 121341 347,874 121341 At 31 Marttb 2021 Net book value At 31 Marth 2021 At 31 Marth 2020 347 874 The total unrealised gains for the year are £121,341 (2020 - E57,160 loss).
HOSPICE AT HOME CARUSLE AND NORTII LAKELAP4D COMPANY UMrrED BY GUARAKfEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16sfocK 2021 2020 17DEBTORS 2021 2020 Trade debtors Prepayments and aCULEd InMe VAT recOVerae other debtors 971 189.319 3,879 2,905 291,3 5,712 325 549 18CREDrroRS: amounts falling due wlthln one year 2021 2020 Trade creditors other tsxation and swal Srity Other creditors Accruals and defwred incame 7,169 13.445 28,607 8,843 16,503 25,608 2021 2020 Deferred income at l Apn"12020 Resources deferred in the p*rtc#J Amounts released from prewous periods Deferred inccyne at year end (6,274) (6,370) (11,133) (6.274) -29-
HOSPICE AT HOME CARUSLE AND NORTH LAKELAND COMPANY LIMITED BY GVARAKfEE NOTES TO THE FZNANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 190BLIGAT1014S UNDER LEASES AND HIRE PURCfrIASE coKfRACTS The total value of fiJtrJe minimum lease payments was as folh)ws: 2021 2020 Withln year In to five years 85,990 97,974 182 415 20 PENSION AND OTHER SCHEMES Defined contrilxrtion pension scheme The charity operates a defi contribution tOn stheme as well a5 contributing to the NHS penslon scrne. assets of the S( are seperatdy frcrfn those of the drity in an independently administered fund. The penscfft cost charge for the year represents contributions payabfe by the chartty to the scheme arKJ amtsjnted to £66,876 (2020 - £67,970). Contributior totslling £9,562 (2020 - £7,568) were payable to the funds at the balwKe sheet date. -30-
IIOSPICE AT HOME CARUSLE AND NORIN LAKELAP4D C¢)PWANY upirrED •Y•JAPANr¢t Pllms TO TME F114AIICIALSTATtMt14TS VOR ThE YEARtIlDEO 31 MAAOI 2021 HJNDS p&ll105se51 2D21 General fiux1s 1.rn.392 1SYJ.954 llJJ21.1691 1.341 L4ro,518 Pdnt erIe HOWI(e UK 325 Y)3 325 325 Total Imnds The NHSE aworded tD al to avaltsb bEd aTr1 9Jppxt frtsT Apil 2020 to Juty 2020 to prtshfft SWkYt to peorAe ¥vith cofflp needs li the cont£At d the COVtTr19 stuat*Jn aTrJ ID rapxty and cofflmwty frun floverter 2020 trJ March 2021 for the PLYPWe. -31.
MOSPlCt AT HOME CARLISLÉ AIID IIORni LAKELAIID COMPANY LIMfiED BY GUARAITfEE 110IESToniE FIIIAIKIALSTATEIIEMTS FOR TI•E YEAR ENDEO JI 14AROI 2021 •alance at nise¥ 31 Marth galAsllltysxs) 2020 12019 Gene1& fvnds 1.816h19 (L426,Wl (57,LC6} 1.709,392 ReYJiLted fvnd5. a*vts ptrrnanentE0ent 14,602) 325 TOi•lfvr -32.
HOSPICE AT HOME CARUSLE AND NORTh LAKELAND COMPANY LIMrrED BY GUARANTEE NOTES TO THE F114ANCIAL STATEMEiifs FOR THE YEAR ENDED 31 MARCH 2021 22ANALYSIS OF NEf ASSEfs BETWEEN FUNDS Total fund$ at 31 March 2021 funds Restricted nds Tangible fixed assets Fixed asset investments Current assets Current lia'l1ties 21,607 469.215 1.991.453 21,607 469.215 1,991,778 325 Totsl net a55ets 325 Totsl funds Restricted at 31 March funds 2020 funds General Tangible fixed assets Fixed asset irwestments Current a55ets Current liatx'lities 45,501 347,874 1,402,219 45,501 347.874 1,402,544 325 Total net assets 325 1709 717 23ANALYSIS OF NEf FUNDS At i Aprfi 2020 rinancin9 sh flows At 31 March 2021 Cash at bank and in ho1 1074 071 1782 057 Net debt 1074 071 1782 057 -33-
HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMITED BY GVARAPITEE NOTES TO THE FINANCIAL sfATEMEPUS FOR THE YEAR ENDED 31 MARCH 2021 24RELATED PARTY TRANSACIIONS The wtre rn trustees, expenses reimbursed in the year aTrJ have W Th) additional related party trorwtions IThrred dwng t year. Trustee lThknnity insurdrte amwntirbj to £51XI (2020 - £4) was paid by the tharity during the year. 25 PAREKf AP4D ULT114ATE PARENT UNDERTAKIIIG The ultsmate c(thling paty of the tharity 15 the Board of Tr 26GOING CONCERN The trustee5 have considered impatt of the COVItF19 pandemic on Charity followlng year end and coThJuded that the Ianty is a gtyrrfJ cortem.