# **COMPANY REGISTRATION NUMBER: 04609579 CHARITY REGISTRATION NUMBER: 1095708**
**HOSPICE AT HOME CARLISLE AND NORTH LAKELAND COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **David Allen**
Chartered Accountants & Statutory Auditor Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **CONTENTS (CONTINUED)**
|Trustees' report|1 to 10|
|---|---|
|Independent auditor's report|11 to 14|
|Statement of financial activities|15 to 16|
|Balance sheet|17|
|Statement of cash flows|18|
|Notes to the financial statements|19 to 37|
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT)**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charity for the year ended 31 March 2022.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the Charity are to relieve the suffering of and provide palliative and supportive care to persons of either sex who are suffering from any terminal illness, or from any other physical or mental infirmity, disability or disease by the establishment and provision of domiciliary and supportive care and in such other ways as the trustees shall from time to time determine.
The Charity's sole area of charitable activity is the provision of clinical services including palliative and end of life nursing care, bereavement and family support, lymphoedema, occupational and complementary therapies in patients' homes.
The Charity has worked to achieve these objectives by providing specially trained clinicians who complement the services provided by District Nurses, General Practitioners and Macmillan Nurses, thus making the "staying at home" option a realistic one. Its services are open to all palliative and end of life patients regardless of their age, address (within our clinical boundaries), end-stage illness or financial circumstances. The service is entirely free to the patients and their families.
The Charity delivers its objectives by:
• Improving patient care for as long as necessary by empowering and giving a realistic choice to those who wish to die at home.
• Optimising the workforce, so as to provide a skilled clinical workforce that encompasses best practice, complementing the primary health care teams and Specialist Services.
• Providing a level of nursing care and support that meets the needs of the patient, their relatives and carers which is free at the point of need.
- Engaging and developing partnership working with both statutory and voluntary organisations
- including those providing specialist palliative care services.
- Setting out the funding strategy based on the changing requirements of the Charity’s objectives.
- Matching the administration of the Charity to the Clinical Services offered.
• Extending the Clinical Services offered as determined by need and by national and local agendas as finances allow.
**- 1 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
Palliative care is the active total care of patients whose illness is not responsive to curative treatments. Control of pain, of other symptoms and of psychological, social and spiritual problems is paramount. The goal of palliative care is the achievement of the best possible quality of life for patients and their families. End of life care is an important part of palliative care and usually refers to the management of patients at the stage where there is steady deterioration in a patient's condition and death is close.
The Charity is registered with the Fundraising regulator, the voluntary independent regulator of charitable fundraising in the UK. Hospice at Home follow their code of practice which ensures that fundraising is respectful, open, honest and accountable to the public. The Charity will continue to adhere to all regulations governing fundraising and follow any best practice guidelines that are issued to ensure positive relations are maintained with the generous local people who support the cause. The fundraising department always aims for the highest standards in fundraising and organise an annual plan which aims to meet the expenditure requirements within the financial plan.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **STRATEGIC REPORT**
The following sections for achievements and performance and financial review form the strategic report of the charity.
**- 2 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
## **ACHIEVEMENTS AND PERFORMANCE**
Physical Achievements
The annual business plan which supports the 3 year strategy (April 1st 2021 to March 31st 2024) set out the intentions for the organisation and the following is a resume of some the achievements.
During the year the number of patient referrals was 929 with some patients in receipt of more than one service. This was an increase of 12.74% on the previous year.
The befriending service was re-established following the pandemic.
A research project was undertaken to ascertain the views of carers regarding respite care and to scope existing respite provision within the local community.
The Carers Support Needs Assessment tool (CSNAT) was re-established within the nursing team. This tool looks at the specific needs of carers whilst they look after their loved one.
All job descriptions were reviewed and a salary bench marking exercise commenced. The education and training strategy was reviewed. This was supported by an audit programme.
A wellbeing group was established and a staff member was appointed as the wellbeing lead.
The lease for a new retail outlet (Brampton book shop) was signed in October.
An eBay role was established.
A programme of staff development in place with the emphasis to ‘grow our own’ in the light of the increased difficulty to recruit. This also included apprenticeship roles and supporting graduates.
Applications to grant making trusts continued.
## **PLANNED DEVELOPMENTS FOR THE YEAR 2022 - 2023**
The plan for the forth coming year is to continue to build on providing clinical services, increasing retail opportunities and ensuring sustainability of the organisation. Changes to the structure of health care (we will now be part of the North East and North Cumbria Integrated Care Board/System) and the change in local authority boundaries will mean that we have to communicate more readily to ensure our profile is not only maintained but enhanced at both local and regional level. It is equally important that we maintain and look to ways of working collaboratively with other Hospice providers in North Cumbria.
Respite provision: - for many years the provision of respite for patients and their families and carers has been an important component of our day and night nursing service. Following the research project the intention is to cost out the increase of respite provision in the home and look to providing a bed for respite within the community setting. This is a large project for the Charity to take on but we know that there is a need for this type of provision.
**- 3 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
As stated we had a 12.74% increase in referrals to the clinical service and we hope to continue to increase referrals providing local care to local people.
It is important that we strive to continue to provide high quality care to maintain and improve on our GOOD rating with the Care Quality Commission) and indeed strive to achieve OUTSTANDING.
In the coming year (April 2022 - March 2023) we will be celebrating our 25th anniversary of becoming a Charity.
Local businesses continue to offer vital support via sponsorship and gifts in kind. The Charity acknowledges the continued financial recession that businesses are enduring and make requests for smaller amounts of funds or gifts in kind. By contacting further businesses for support, the charity is able to forge new links and contacts.
The Business Partners Initiative continues to be successful raising the equivalent of £18,626 (2021: £30,705) from gifts in kind, sponsorship, organised events, soft credits or donations within their businesses during the year. They also help to raise awareness by their support of the Charity within their workplace to staff, customers and clients.
At 31 March 2022 there were 43 business partners (see below). The Charity thanks all Partners and businesses for their vital support and continued commitment.
Arc Eden Ltd David Allen More Handles Limited Appleby Creamery Ltd Eddie Wannop Ltd Nilfisk Limited Armstrong Watson LLP Eden Housing Association North Lakes Glass Ltd Atkinsons Building Contractors Genevieve Orton Grange Café & Gifts Limited
Burbush of Penrith Burnetts Solicitiors Carigiet Cowen Ltd
Carlisle Racecourse Carlisle Refrigeration Limited Carlisle United Football Club Cartmell Shepherd Limited Cranstons Ltd Cubby Construction Limited Cumberland Building Society Dodd & Co
George Hudson Integrity Office Ltd Jill Glencross Independent Funeral Directors
Peter Tyson Pioneer Foods Ltd Richardson Funeral Directors
John Norris of Penrith Story Homes Ltd John Richardson & Son Ltd Tech 4 Office Equipment Larch Cottage Nurseries Thomas Graham & Sons Ltd Lloyd Jaguar Land Rover Trade Copiers Logic Business Systems Ltd Ullswater Steamers Lowther Castle & Gardens Waitings Ltd McKnight & Son Builders Ltd Wm Armstrong (Longtown) Ltd McVities Group
**- 4 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
The website is an important tool to raise awareness of the Charity. This enables our supporters to keep up to date with events and initiatives and provides valuable information on the work of the clinical service. Facebook and Twitter have both been used to market events and have helped tremendously on certain occasions to encourage participants to take part and relay the images of events.
As always the Charity's fundraising success could not be achieved without the help and support of individuals and of local businesses and organisations that have generously donated valuable funds and offered sponsorship and support.
## **FINANCIAL REVIEW**
The accounts show net income over expenditure of £727,028 compared to £569,785 in the previous year mainly as a result of increases in most income sources with the obvious exceptions of shop income and functions and events due to the Covid 19 restrictions.
Expenditure was more than the previous year with costs being closely monitored.
Towards the end of the financial year the value of stock market investments rose significantly resulting in gains of £20,344 on the value at the start of the year.
The Trustees have determined free reserves should be at least equivalent to the greater of 6 months budgeted costs or the potential close down costs. An equivalent sum should be kept in cash reserves separate from other funds and reviewed annually once a new budget has been approved by the Trustees at the accounting date. Reserves exceeded this criteria at the year end. Funds required for the day to day running costs, based on the annual budget, should be kept in the company's bank current account and any instant access account with an institution governed by the financial services compensation scheme (F.S.C.S).
Any other funds not required for the day to day running costs are to be invested in individual UK based institutions covered by the F.S.C.S. or into funds managed on an advisory basis by Arc Eden. The criteria we use to invest in are medium risk investments. Transfers out of managed funds can be made by the Finance and Income Generation Committee but further investments into managed funds are by recommendation of the Finance and Income Generation Committee to the Board.
The Charity received financial support from the Clinical Commissioning Group (CCG) devolved from the NHS and Hospice UK grants funded by NHSE. This contribution to costs gives confidence against a background of the very welcome voluntary support. The Charity is profoundly grateful to all in the community for the excellent support received.
Another form of funding are legacies which the Charity receives from supporters, although this source of income is not guaranteed.
**- 5 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
## **PLANS FOR FUTURE PERIODS**
In the light of what was learned throughout the year Hospice at Home have developed a three-year Strategy (April 2021 - March 2024) outlining four commitments, those of Holistic Exemplary Care, Sustainability, Engaging with Stakeholders and Preparing for Future Needs all of which are underpinned by specific priorities.
The annual business plan (April 2022 – March 2023) identifies the key actions that are required to achieve the priorities within year and over the timescale of the Strategy.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Company is constituted under a Memorandum of Association dated 1 April 2003 and is a registered charity, number 1095708. The principle object of the Company is to provide palliative and supportive care to persons suffering from any terminal illness in their own home.
The Directors of the Company are also Charity Trustees for the purpose of Charity Law and in the Company's Articles of Association are described as Trustees.
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. The maximum number of Trustees is 15 and the minimum is 3. At each annual general meeting one third of the Trustees for the time being or, if their number is not 3 or a multiple of 3, then the number nearest one third, shall retire from office. The Trustees to retire are those who have been longest in office since their last election.
A review of the Trustees' skills is carried out regularly and where a skill is not represented on the Board potential appointees are either approached to offer themselves for election or advertisements are placed in local newspapers and on the Charity website.
Decisions regarding the management of the Charity are taken at Board meetings which are held every 2 months. There are 4 sub-groups which report to the Board and these are Clinical Assurance, Workforce, Health & Safety and Finance and Income Generation.
The Company Secretary and Chief Executive Officer attend Board meetings but neither has a vote. The Chief Executive Officer takes overall responsibility for leadership of the Charity.
New Trustees attend a briefing session with the Chair and other officers which covers the aims of the Charity, Trustees' duties, the Charity constitution and financial position. It is enhanced by an induction manual produced by Hospice UK. Trustees attend training events as required and support can be accessed via Cumbria Council for Voluntary Services.
**- 6 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
The policy for care staff is based on the remuneration of similar employees in the NHS using pre 18-19 NHS pay scales and inflated with costs of living increases. The policy for fundraising, office and administration staff is based on National Joint Council pay scales which are local government pay scales used in the voluntary sector.
The Trustees have assessed the major risks to which the Company is exposed, including in particular those related to the operations and finance of the Company. This is done through a Corporate Risk Register on a bi-monthly basis. Trustees are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
**- 7 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
**Trustees** Mr J D Claxton Prof S Reveley Mr J F McLaren (retired 30 April 2021) Mr M K Clementson Mr M Cousins (retired 9 December 2021) Mrs M A Drury Rev D C Wood Dr H A Dunning Mrs E A McColgan Mrs M Gray Mrs D Slater Mrs S Black **Principal Office** Valley Court Barras Lane Estate Dalston Carlisle CA5 7NY **Charity Registration Number** 1095708 **Company Registration Number** 04609579 The charity is incorporated in England & Wales. **Solicitors** Cartmell Shepherd Bishops Yards Penrith CA11 7XS **Bankers** Lloyds Bank plc 5-6 King Street Penrith CA11 7AP
**- 8 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
## **Auditor**
David Allen Chartered Accountants & Statutory Auditor Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY
## **FINANCIAL INSTRUMENTS**
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk.
The charity’s activities expose it primarily to the financial risks of changes in interest rates.
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments.
The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term cash deposits.
**- 9 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS AND STRATEGIC REPORT) (CONTINUED)**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Hospice at Home Carlisle and North Lakeland for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- 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; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and 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.
The annual report and strategic report was approved by the trustees of the charity on 20 October 2022 and signed on its behalf by:
......................................... Mrs E A McColgan Trustee
**- 10 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **OPINION**
We have audited the financial statements of Hospice at Home Carlisle and North Lakeland (the 'charity') for the year ended 31 March 2022, which comprise the Statement of financial activities, Balance sheet, Statement of cash flows, and Notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **BASIS FOR OPINION**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **OTHER INFORMATION**
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
**- 11 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOSPICE AT HOME CARLISLE AND NORTH LAKELAND (CONTINUED)**
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006**
- In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Trustees' report has been prepared in accordance with applicable legal requirements.
## **MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION**
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
## **RESPONSIBILITIES OF TRUSTEES**
As explained more fully in the Statement of Trustees' responsibility [set out on page 10], the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
**- 12 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOSPICE AT HOME CARLISLE AND NORTH LAKELAND (CONTINUED)**
## **AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
• Discussing with the Trustees and Management their policies and procedures regarding compliance with laws and regulations;
• Communicating identified laws and regulations throughout our engagement team and remaining alert to any indications of non-compliance throughout our audit; and
• Considering the risk of acts by the charity which were contrary to the applicable laws and regulations, including fraud.
Our audit procedures in relation to fraud included but were not limited to:
• Making enquiries of the Trustees and Management on whether they had knowledge of any actual, suspected or alleged fraud;
• Gaining an understanding of the internal controls established to mitigate risks related to fraud;
• Discussing amongst the engagement team the risks of fraud; and
• Addressing the risks of fraud through management override of controls by performing journal entry testing.
We are not responsible for detecting fraud and preventing non-compliance and cannot be expected to detect all fraud and non-compliance with all laws and regulations. The primary responsibility for the prevention and detection of irregularities including fraud rests with both the Trustees and Management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
**- 13 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOSPICE AT HOME CARLISLE AND NORTH LAKELAND (CONTINUED)**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
...................................... ALISON WELTON (Senior Statutory Auditor) For and on behalf of David Allen Chartered Accountants & Statutory Auditor
Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY
Date: 20 October 2022
**- 14 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)**
|**Note**
**Income and Endowments:**
Donations and legacies
3
Charitable activities
4
Other trading activities -
Fundraising trading
5
Investment income
6
Total income
**Expenditure on:**
Voluntary income
7
Fundraising trading
7
Charitable activities
8
Total expenditure
Net income/(expenditure)
before investment
gains/(losses)
Gain/(loss) on revaluation of
investments
15
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
21|**Unrestricted**
**£**
1,011,294
360,066
437,750
7,837
1,816,947
(223,402)
(183,556)
(682,961)
(1,089,919)
727,028
20,344
747,372
747,372
2,400,518
3,147,890|**Restricted**
**£**
304,882
-
-
-
304,882
-
-
(304,882)
(304,882)
-
-
-
-
325
325|**Total**
**2022**
**£**
1,316,176
360,066
437,750
7,837
2,121,829
(223,402)
(183,556)
(987,843)
(1,394,801)
727,028
20,344
747,372
747,372
2,400,843
3,148,215|**Total**
**2021**
**£**
1,238,908
370,568
275,009
10,271|
|---|---|---|---|---|
|||||1,894,756|
|||||(183,137)
(167,174)
(974,660)|
|||||(1,324,971)|
|||||569,785
121,341|
|||||691,126|
|||||691,126
1,709,717|
|||||2,400,843|
**- 15 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED) (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Other trading activities - Fundraising
trading
5
Investment income
6
Total income
**Expenditure on:**
Voluntary income
7
Fundraising trading
7
Charitable activities
8
Total expenditure
Net expenditure before investment
gains/(losses)
Gains/losses on investment assets
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
21|**Unrestricted**
**£**
935,106
370,568
275,009
10,271
1,590,954
(183,137)
(167,174)
(670,858)
(1,021,169)
569,785
121,341
691,126
691,126
1,709,392
2,400,518|**Restricted**
**£**
303,802
-
-
-
303,802
-
-
(303,802)
(303,802)
-
-
-
-
325
325|**Total**
**2021**
**£**
1,238,908
370,568
275,009
10,271|
|---|---|---|---|
||||1,894,756|
||||(183,137)
(167,174)
(974,660)|
||||(1,324,971)|
||||569,785
121,341|
||||691,126|
||||691,126
1,709,717|
||||2,400,843|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 and 2021 is shown in note 21.
**- 16 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **BALANCE SHEET AS AT 31 MARCH 2022**
|**Note**
**Fixed assets**
Tangible assets
14
Investments
15
**Current assets**
Stocks
16
Debtors
17
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
18
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
21
**Unrestricted income funds**
Unrestricted funds
**Total funds**
21|**2022**
**£**
14,840
989,559
1,004,399
2,021
437,667
1,789,810
2,229,498
(85,682)
2,143,816
3,148,215
325
3,147,890
3,148,215|**2021**
**£**
21,607
469,215|
|---|---|---|
|||490,822|
|||2,227
207,494
1,782,057|
|||1,991,778
(81,757)|
|||1,910,021|
|||2,400,843|
|||325
2,400,518|
|||2,400,843|
The financial statements on pages 15 to 37 were approved by the trustees, and authorised for issue on 20 October 2022 and signed on their behalf by:
......................................... Mrs E A McColgan Trustee
Registration number: 04609579
**- 17 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022**
|**Note**
**Cash flows from operating activities**
Net cash income
**Adjustments to cash flows from non-cash items**
Depreciation
10
Investment income
6
Revaluation of investments
**Working capital adjustments**
Decrease in stocks
16
(Increase)/decrease in debtors
17
Increase/(decrease) in creditors
18
Net cash flows from operating activities
**Cash flows from investing activities**
Interest receivable and similar income
6
Purchase of tangible fixed assets
14
Purchase of investments
15
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
23|**2022**
**£**
747,372
10,777
(7,837)
(20,344)
729,968
206
(230,173)
3,925
503,926
7,837
(4,010)
(500,000)
(496,173)
7,753
1,782,057
1,789,810|**2021**
**£**
691,126
24,805
(10,271)
(121,341)|
|---|---|---|
|||584,319
698
118,056
(4,445)|
|||698,628|
|||10,271
(913)
-|
|||9,358|
|||707,986
1,074,071|
|||1,782,057|
All of the cash flows are derived from continuing operations during the above two periods.
**- 18 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1 CHARITY STATUS**
The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members are liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Valley Court Barras Lane Estate Dalston Carlisle CA5 7NY
These financial statements were authorised for issue by the trustees on 20 October 2022.
## **2 ACCOUNTING POLICIES**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Hospice at Home Carlisle and North Lakeland meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.
**- 19 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **2 ACCOUNTING POLICIES (continued)**
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants are recognised when the charitable company has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Income from fundraising events undertaken in the year is recognised when there is evidence of entitlement, receipt is probable and its amount can be measured reliably.
Interest on deposit funds held is included when receivable and the amount can be measured reliably by the charity which is normally upon notification of the interest paid or payable by the bank.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
**- 20 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **2 ACCOUNTING POLICIES (continued)**
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £1,000 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Office equipment 25% Straight line Motor vehicles 20% Reducing balance Leasehold property improvements 20% Straight line
**- 21 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **2 ACCOUNTING POLICIES (continued)**
## **Fixed asset investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
## **Stock**
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks.
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
**- 22 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **2 ACCOUNTING POLICIES (continued)**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds which have been set aside by the Trustees for a particular purpose. The aim and use of each designate fund is set out in the notes to the financial statements.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
**- 23 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **3 INCOME FROM DONATIONS AND LEGACIES**
|Donations and legacies;
Memorials
Personal
Organisations
Functions and events
Legacies
Gifts in kind
Hospice UK grant
Unrestricted grants|**General**
**£**
106,012
98,285
59,682
138,672
495,490
14,702
-
98,451
1,011,294|**Restricted**
**£**
-
-
-
-
-
-
304,882
-
304,882|**Total**
**2022**
**£**
106,012
98,285
59,682
138,672
495,490
14,702
304,882
98,451
1,316,176|**Total**
**2021**
**£**
97,431
110,781
69,468
101,880
22,334
15,030
303,802
518,182|
|---|---|---|---|---|
|||||1,238,908|
## Hospice UK
The NHSE awarded funding to allow the hospice to make available bed capacity and community support from April 2021 to July 2021 to provide support to people with complex needs in the context of the COVID-19 situation and to provide bed capacity and community support from November 2021 to March 2022 for the same purpose.
## **4 INCOME FROM CHARITABLE ACTIVITIES**
## **Unrestricted**
CCG devolved from the NHS grant
|**General**
**£**
360,066|**Total**
**2022**
**£**
360,066|**Total**
**2021**
**£**
370,568|
|---|---|---|
**- 24 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **5 INCOME FROM OTHER TRADING ACTIVITIES**
|Trading income;
Shop income
Other sales
Car leasing contributions
Internally generated event income
**6 INVESTMENT INCOME**
Interest receivable and similar income;
Investment income|**Unrestricted**
**General**
**£**
284,054
43,338
15,161
95,197
437,750
**Unrestricted**
**General**
**£**
7,837|**Total**
**2022**
**£**
284,054
43,338
15,161
95,197
437,750
**Total**
**2022**
**£**
7,837|**Total**
**2021**
**£**
128,084
31,174
17,746
98,005|
|---|---|---|---|
||||275,009|
||||**Total**
**2021**
**£**
10,271|
**- 25 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **7 EXPENDITURE ON RAISING FUNDS**
## **a) Costs of generating donations and legacies**
|Other fundraising costs
Premises costs
Wages and salaries
Employer's national insurance
Depreciation|**Unrestricted**
**General**
**£**
38,655
20,304
147,844
11,515
5,084
223,402|**Total**
**2022**
**£**
38,655
20,304
147,844
11,515
5,084
223,402|**Total**
**2021**
**£**
29,935
13,704
125,500
9,256
4,742|
|---|---|---|---|
||||183,137|
**- 26 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **7 EXPENDITURE ON RAISING FUNDS (continued)**
## **b) Costs of trading activities**
|Fundraising trading costs;
Other trading costs
Direct shop running costs
Wages and salaries
Employer's national insurance
Depreciation|**Unrestricted**
**General**
**£**
12,792
51,278
111,342
6,082
2,062
183,556|**Total**
**2022**
**£**
12,792
51,278
111,342
6,082
2,062
183,556|**Total**
**2021**
**£**
7,760
52,104
100,442
4,806
2,062|
|---|---|---|---|
||||167,174|
## **8 PROVISION OF CARE**
|Nursing expenditure and
consumables
Wages and salaries
Employers' national insurance
Volunteer expenses
Gifts in Kind
Allocated support costs (Note 9)|**Unrestricted**
**£**
77,487
465,774
51,525
1,925
-
86,250
682,961|**Restricted**
**£**
-
304,882
-
-
-
-
304,882|**2022**
**£**
77,487
770,656
51,525
1,925
-
86,250
987,843|**2021**
**£**
72,744
757,702
47,556
826
284
95,548|
|---|---|---|---|---|
|||||974,660|
**- 27 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **9 ANALYSIS OF SUPPORT COSTS**
## **Support costs allocated to provision of care**
|Wages and salaries
Employer's national insurance
Premises costs
Depreciation
Other cost|**Total**
**2022**
**£**
35,602
2,834
4,365
3,601
39,848
86,250|**Total**
**2021**
**£**
36,236
2,608
3,490
18,001
35,213
95,548|
|---|---|---|
## **10NET INCOMING/OUTGOING RESOURCES**
Net incoming resources for the year include:
|Operating leases - other assets
Audit fees
Other non-audit services
Depreciation of fixed assets|**2022**
**£**
78,072
4,500
2,000
9,946|**2021**
**£**
80,594
3,000
1,500
24,805|
|---|---|---|
## **11TRUSTEES REMUNERATION AND EXPENSES**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
During the year £288 was paid to 2 trustees for reimbursement of training and travel costs (2021 - £nil).
**- 28 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **12STAFF COSTS**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs|**2022**
**£**
1,065,443
71,957
1,137,400|**2021**
**£**
1,019,881
64,226|
|---|---|---|
|||1,084,107|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
|Fundraising staff
Clinical staff
Trading staff
Housekeeping staff|**2022**
**No**
9
42
12
1
64|**2021**
**No**
8
41
8
1|
|---|---|---|
|||58|
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £200,421 (2021 - £225,350).
## **13TAXATION**
The charity is a registered charity and is therefore exempt from taxation.
**- 29 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **14TANGIBLE FIXED ASSETS**
|**Leasehold**
**improvements**
**£**
**Cost**
At 1 April 2021
71,863
Additions
-
Disposals
-
At 31 March 2022
71,863
**Depreciation**
At 1 April 2021
69,332
Charge for the year
843
Eliminated on disposals
-
At 31 March 2022
70,175
**Net book value**
At 31 March 2022
1,688
At 31 March 2021
2,531|**Office**
**equipment**
**£**
56,696
4,010
(830)
59,876
45,170
8,423
(830)
52,763
7,113
11,526|**Motor**
**vehicles**
**£**
11,998
-
-
11,998
4,448
1,511
-
5,959
6,039
7,550|**Total**
**£**
140,557
4,010
(830)|
|---|---|---|---|
||||143,737|
||||118,950
10,777
(830)|
||||128,897|
||||14,840|
||||21,607|
**- 30 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **15FIXED ASSET INVESTMENTS**
## **Other investments**
|**Cost or Valuation**
At 1 April 2021
Revaluation
Additions
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
The total unrealised gains for the year are £20,344 (2021 - £121,341).
**16STOCK**
Stocks|**Listed**
**securities**
**£**
469,215
20,344
500,000||**Total**
**£**
469,215
20,344
500,000|
|---|---|---|---|
||989,559||989,559|
||989,559||989,559|
||469,215||469,215|
||**2022**
**£**
2,021||**2021**
**£**
2,227|
**- 31 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **17DEBTORS**
|**17DEBTORS**|||
|---|---|---|
|Trade debtors
Prepayments and accrued income
VAT recoverable
Other debtors|**2022**
**£**
2,125
413,273
6,712
15,557
437,667|**2021**
**£**
971
189,319
3,879
13,325|
|||207,494|
## **18CREDITORS: amounts falling due within one year**
|Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 April 2021
Resources deferred in the period
Amounts released from previous periods
Deferred income at year end|**2022**
**£**
4,195
17,115
26,829
37,543
85,682
**2022**
**£**
(6,370)
(1,000)
6,370
(1,000)|**2021**
**£**
7,169
13,445
28,607
32,536|
|---|---|---|
|||81,757|
|||**2021**
**£**
(6,274)
(6,370)
6,274|
|||(6,370)|
**- 32 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **19OBLIGATIONS UNDER LEASES AND HIRE PURCHASE CONTRACTS**
The total value of future minimum lease payments was as follows:
|The total value of future minimum lease payments was as follows:|||
|---|---|---|
|Within one year
In two to five years|**2022**
**£**
98,676
107,600
206,276|**2021**
**£**
85,990
113,805|
|||199,795|
## **20PENSION AND OTHER SCHEMES**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme as well as contributing to the NHS pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £66,394 (2021 - £66,876). Contributions totalling £7,849 (2021 - £9,562) were payable to the funds at the balance sheet date.
**- 33 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **21FUNDS**
|**Unrestricted**
General funds
**Restricted**
Permanent Endowment
Hospice UK
**Total restricted**
**Total funds**|**Balance at 1**
**April 2021**
**£**
2,400,518
325
-
325
2,400,843|**Incoming**
**resources**
**£**
1,816,947
-
304,882
304,882
2,121,829|**Resources**
**expended**
**£**
**Other**
**recognised**
**gains/(losses)**
**£**
(1,089,919)
20,344
-
-
(304,882)
-
(304,882)
-
(1,394,801)
20,344|**Balance at**
**31 March**
**2022**
**£**
3,147,890
325
-|
|---|---|---|---|---|
|||||325|
|||||3,148,215|
## **Hospice UK**
The NHSE awarded funding to allow the hospice to make available bed capacity and community support from April 2021 to July 2021 to provide support to people with complex needs in the context of the COVID-19 situation and to provide bed capacity and community support from November 2021 to March 2022 for the same purpose.
**- 34 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
|**21FUNDS (continued)**
**Unrestricted funds**
General funds
**Restricted**
Permanent Endowment
Hospice UK
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
1,709,392
325
-
325
1,709,717|**Incoming**
**resources**
**£**
1,590,954
-
303,802
303,802
1,894,756|**Resources**
**expended**
**£**
**Other**
**recognised**
**gains/(losses)**
**£**
(1,021,169)
121,341
-
-
(303,802)
-
(303,802)
-
(1,324,971)
121,341|**Balance at**
**31 March**
**2021**
**£**
2,400,518
325
-|
|---|---|---|---|---|
|||||325|
|||||2,400,843|
**- 35 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **22ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
**23ANALYSIS OF NET FUNDS**
Cash at bank and in hand
Net debt|**Unrestricted**
**funds**
**General**
**£**
14,840
989,559
2,229,173
(85,682)
3,147,890
**Unrestricted**
**funds**
**General**
**£**
21,607
469,215
1,991,453
(81,757)
2,400,518
**At 1 April**
**2021**
**£**
1,782,057
1,782,057|**Restricted**
**funds**
**£**
-
-
325
-
325
**Restricted**
**funds**
**£**
-
-
325
-
325
**Financing**
**cash flows**
**£**
7,753
7,753|**Total funds**
**at 31 March**
**2022**
**£**
14,840
989,559
2,229,498
(85,682)|
|---|---|---|---|
||||3,148,215|
||||**Total funds**
**at 31 March**
**2021**
**£**
21,607
469,215
1,991,778
(81,757)|
||||2,400,843|
||||**At 31 March**
**2022**
**£**
1,789,810
1,789,810|
**- 36 -**
## **HOSPICE AT HOME CARLISLE AND NORTH LAKELAND**
## **COMPANY LIMITED BY GUARANTEE**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)**
## **24RELATED PARTY TRANSACTIONS**
Trustee indemnity insurance amounting to £500 (2021 - £500) was paid by the charity during the year.
## **25PARENT AND ULTIMATE PARENT UNDERTAKING**
The ultimate controlling party of the charity is the Board of Trustees.
**- 37 -**