# 

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|Index|||
|---|---|---|
|Trustees' report||1-32|
|Independent<br>Auditors'|report|33-37|
|Consolidated<br>Statement ofFinancial Activities||38|
|Balance sheets||39|
|Cash flow statement||40|
|Notes to the financial statements||41-59|
|Administrative<br>de'tails||60-61|



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||||||2020/21|
|---|---|---|---|---|---|
|Energy consumption<br>used to calculate emissions||||(KwHs)|359,606|
|Energy consumption||breakdown|KwH|||
|Gas usage|||||76,625|
|Electricity usage|||||282,881|
|Energy consumption<br>used|to|calculate emissions||(Kivl)||
|Transport|||||35,052|
|Scope 1Emissions in metric tonnes COZe||||||
|Gas Consumption|||||14,089|
|Owned transport|||||2,571|
|Electricity usage|||||65,951|
|intensity Ratios||||||
|Hospice emissions||per FTE|||147|
|Retail emissions|per shop||||2,780|





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||Fm|
|---|---|
|Fixed assets|25.6|
|Designated<br>reserve far capital project||
|Restricted reserves|0.3|
|Free reserves|1.0|
|Totalreserves|26.9|



## 



|||Previous|Revised|Actual|
|---|---|---|---|---|
|||Policy|Policy|at 31March|
|||||2021|
|Fixed Interest||25-459o|10-309a|33,8Yo|
|Equities||35-55%|70-8096|36.796|
|Property||4-89a|0-109a|7.196|
|Alternatives|incl.|0-8%|0-109a|12.99o|
|Infrastructure|||||
|Cash||0-209S|0-109o|9.59o|



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||||Un-|Restricted|Total|Un-|Restdcted|Total|
|---|---|---|---|---|---|---|---|---|
||||restricted|Funds|2021|restricted|Funds|2020|
||||Funds|||Funds|||
|||Note|EOOO|f000|EOOO|6000|EOOO|EOOO|
|Income from:|||||||||
|Donations and legacies|||2,875|1,003|3,878|3,421|2,625|6,046|
|Charitable<br>activities|||4,227||4,227|3,467||3,467|
|Other trading activities|||1,955||1,955|2,730||2,730|
|Investment<br>income|||93||93|290||290|
|Other income|||2,882||2,882||||
|Total Income|||12,032|1,003|13,035|10,002|2,625|12,627|
|Expenditure<br>on:|||||||||
|Raising funds||7|4,902||4,902|5,147||5,147|
|Charitable<br>Activities||7|6,346||6,347|5,244|7|5,251|
|Total Expenditure|||11,248|1|11,249|10,391|7|10,398|
|Net income/(expenditure)|||784|1,002|1,786|(389)|2,618|2,229|
|before investment|||||||||
|gains/(losses)|||||||||
|Net gains/(losses)<br>on|||201||201|(108)||(108)|
|investments|||||||||
|Net income|||985|1,002|1,987|(497)|2,618|2,121|
|Transfers between|funds|18|949|(949)||2,834|(2,834)||
|Net Movement<br>in|Funds|10|1,934|53|1,987|2,337|(216)|2,121|
|Reconciliation ofFunds:|||||||||
|Total funds brought|forward|18|24,783|287|25,070|22,446|503|22,949|
|Total funds carried|forward||26,717|340|27,057|24,783|287|25,070|





## 

|||||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|---|
||||Note|2021|2021|2020|2020|
|||||EOOD|6000|6000|6000|
|fixed assets||||||||
|Tangible assets|||13|22,625|22,625|20,958|20,958|
|Investments|||14|2,997|2,997|3,106|3,'106|
|||||25,622|25,622|24,064|24,064|
|Current assets||||||||
|Asset held for sale|||13|3,085|3,085|||
|Stocks|||15|111||79||
|Debtors|||16|2,719|2&850|2,489|2,563|
|Cash at bank|and in|hand||687|661|634|633|
|||||6,602|6,596|3,202|3,196|
|Creditors: amounts||falling due within one year|17|(5,167)|(5,163)|(2,196)|(2,192)|
|Net current|assets|||1,435|1,433|1,006|1,004|
|Total assets|less current liabilities|||27,057|27,055|25,070|25,068|
|Net assets||||27,057|27,055|25,070|25,068|
|Restricted funds|||18|340|340|287|287|
|Unrestricted|funds||18|26,717|26,715|24,783|24,781|
|Total Funds||||27,057|27,055|25,070|25,068|





## 

|||||2021|2020|
|---|---|---|---|---|---|
||||Note|6000|EOOD|
|Net cash provided<br>by continuing||operating activities|20|5,017|2,488|
|Cash flows from Investing|Activities:|||||
|Investment<br>income||||93|290|
|Purchase oftangible fixed assets||||(5,367)|(13,913)|
|Purchase ofinvestments||||(460)|(772)|
|Sale ofinvestments||||770|11,852|
|Net cash used in investing|activities|||(4,964)|(2,543)|
|Change<br>in cash &cash equivalents||in the year||53|(55)|
|Cash &cash equivalents<br>at|the beginning ofthe year|||634|689|
|Cash &cash equivalents<br>at the end ofthe year||||687|634|
|Analysis ofchanges<br>in Net Debt||||||
|||||2021|2020|
|Cash and cash equivalents||||6000|fOOO|
|Cash at bank as at 1April|||||689|
|Cash flows during the year||||53|(55)|
||||||634|
|Borrowings||||||
|Debt due within one year||||(4,055)||
|Total||||(3,368)|634|





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|||||Un-|Restricted|2021|Un-|Restricted|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||restricted|Funds||restricted|Funds||
|||||Funds|||Funds|||
|||||f000|f000|f000|EOOD|EOOD|f000|
|Community|fundraising|and committed|giving|769||769|708||708|
|Donations|and appeals|||1,486|1,003|2,489|1,556|2,168|3,724|
|Legacies||||620||620|1,157|457|1,614|
|||||2,875|1,003|3,878|3,421|2,625|6,046|



## 

|Inco|me from Charitable<br>Activities|||
|---|---|---|---|
|||Unrestdicted|Unrestricted|
|||funds|funds|
|||2021|2020|
|||f000|f000|
|Education|and training|15|14|
|External service provision||||
|Continuing|health||208|
|Catering||39|21|
|CCG funding||4,172|3,223|
|||4,227|3,467|
|Income from Other Trading Activities||||
|||Unrestdicted|Unrestricted|
|||funds|funds|
|||2021|2020|
|||f000|f000|
|Events||112|135|
|Lottery income|||412|
|Sales ofdonated goods||1,095|1,935|
|Sales ofnew goods||164|248|
|||1,955|2,730|





## 

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|Investment<br>Inc|ome||||
|---|---|---|---|---|
|||Unrestricted||Unrestricted|
|||funds||funds|
|||2021||2020|
|||f000||f000|
|Income from investments|||93|289|
|Bank interest receivable||||1|
||||93|290|
|Otherlncome|||||
|||Unrestricted||Unrestricted|
|||funds||funds|
|||2021||2020|
|||f000||f000|
|Other income|||||
|Job Retention Scheme income|||541|19|
|Hospice UK Grant income||1,659|||
|Retail local authority|grants||676||
|||2,882|||



## 

|||Staff|||||
|---|---|---|---|---|---|---|
|||related|||Total 2021|Total 2020|
|||costs|Premises|Other|||
|||f000|f000|f000|f000|f000|
|Costs of Raising Funds|||||||
|Direct costs||2,058|897|902|3,857|4,281|
|Central services support costs —Note 8||459|313|273|1,045|866|
|||2,517|1,210|1,175|4,902|5,147|
|Costs ofCharitable|Activities||||||
|Direct costs||4,442||580|5,026|4,386|
|Central services support costs - Note 8||580|396|345|1,321|865|
|||5,022|400|925|6,347|5,251|





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|r Central|se|rvices|support costs comprise the following:|||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2021|2020|
|||||6000|6000|
|Finance,|including||depreciation|1,114|622|
|Governance||and Chief Executive costs||245|234|
|Information||Technology||216|202|
|Human|Resources|||277|297|
|Facilities||||514|376|
|||||2,366|1,731|



## 

|e average num|ber of persons employed<br>by the group (including<br>|bank staff) during the period was as follows:|—|
|---|---|---|---|
|||2021|2020|
|||No.|No.|
|Fundraising||17|16|
|Management|and administration|22|21|
|Retail||74|78|
|Direct patient|care|147|137|
||||254|



|e average full|time equivalent<br>numbers ofpersons employed<br>by t|he group during the period was as follows:-||
|---|---|---|---|
|||2021|2020|
|||No.|No.|
|Fundraising||14|16|
|Management|and administration|19|19|
|Retail||63|66|
|Direct patient|care|120|97|
|||216|198|





## 

|e aggregate<br>payroll co|sts ofthese persons were as follows:-|||
|---|---|---|---|
|||2021|2020|
|||EOOO|EOOO|
|Wages and salades||6,475|5,940|
|Social security costs||563|517|
|Pension contributions|(see note 24)|411|402|
|||7,449|6,859|



|The number ofemployees whose emoluments|exceeded E60,000was:|2021|2020|
|---|---|---|---|
|||No.|No.|
|E60,001 —E70,000||3|3|
|E70,001 —E80,000||||
|E80,001 - E90,000||||





## 

|10|Net Movement|in Funds||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|---|
|||||2021|2021|2020|2020|
|||||EOOD|6000|f000|f000|
|Net|income isstated after charging:|||||||
|Depreciation||||610|610|314|314|
|Auditor's<br>remuneration:||||||||
||-As auditor (excluding|VAT)||33||28|28|
||-Other services<br>(VAT|and corporation|tax advice)|||||
|Operating<br>lease charges||on retail units|and printers|707|707|724|724|
|11|Taxation|||||||



## 

## 

|results, as extr|acte|d from the audited<br>|Financial S|tatements,<br>are summarised|below:||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f000|6000|
|Turnover|||||500|1,065|
|Cost ofsales|||||(90)|(142)|
||||||410|923|
|Gross profit|||||||
|Administrative|expenses||||(408)|(906)|
|Profit on ordinary||activities before taxation|||2|17|
|Taxation<br>paid||||||(2)|
|Distributed<br>to|charity holding company|||||(15)|
|Retained<br>in subsidiary|||||||
|The assets and|liabilities ofthe trading||subsidiary|were:|||





## 

|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||EOOO|FOOD|
|Current assets||||||||163|101|
|Creditors: amounts|falling due|within|one year|||||(158)|(99)|
|Total net (liabilities)/assets||||||||5|2|
|Aggregate<br>share capital and reserves||||||||5|2|
|13<br>Tangible fixed|assets|||||||||
|Group<br>And Charity<br>Freehold<br>Property||Leasehold<br>property||Machinery & <br>Equipment|Fixtures &<br>fittings|Computer<br>equipment|yVehides|Assets<br>under<br>construction|Total|
||EOOD||EOOD|EOOD|EOOD|EOOD|EOOD|EOOD|EOOO|
|Cost||||||||||
|1April 2020|5,097||1,210|1,342|473|527|117|16,733|25,499|
|Additions|575||133|208|388|135||3,928|5,367|
|Disposals||||(52)|(27)|(110)||(1)|(190)|
|From AUC|20,586|||5|69|||(20,660)||
|Transfer toAsset||||||||||
|held for Sale|(4,887)|||(95)|(38)||||(5,020)|
|31March 2021|21,371||1,343|1,408|865|552|117||25,656|
|Depreciation||||||||||
|1Apdil 2020|1,706||637|1,257|442|393|106||4,541|
|Charge forthe||||||||||
|year|317||98|57|68|63|7||610|
|Disposals||||(51)|(24)|(110)|||(185)|
|Transfer toAsset||||||||||
|held for Sale|(1,808)|||(89)|(38)||||(1,935)|
|31March 2021|215||735|1,174|448|346|113||3,031|
|Net book value||||||||||
|31March 2021|21,156||608|234|417|206|4||22,625|
|31March 2020|3,391||574|85|31|133|11|16,733|20,958|





## 

||||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|
||||2021|2021|2020|2020|
||||6000|6000|6000|OOOO|
|Securities and cash|||2,997|2,997|3,106|3,106|
|Investment<br>in group undertaking|(see Note 12)|||||0|
||||2p997|2,997|3,106|3,106|
||||||2021|2020|
|Group and Chadity securities and|cash||||6000|6000|
|Assets brought<br>forward at 1April|||||3,106|14,294|
|Additions at cost|||||334|892|
|Movement<br>in cash|||||126|(120)|
|Disposals|||||(770)|(11,852)|
|Realised and Unrealised<br>investment||gains/(losses)|||201|(108)|
|Market value at31March|||||2,997|3,106|
|Investments<br>comprise:-|||||||
||||||2021|2020|
|Group and Charity|||||6000|6000|
|Fixed interest securities:-|||||||
|-UK|||||1,012|1,627|
|Managed<br>funds and unit trusts:—|||||||
|- UK|||||1,700|1,320|
|Cash on deposit|||||285|159|
|Market value at 31Ivlarch|||||2,997|3,106|





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|15|Stocks||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Group|Charity|Group|Charity|
||||||||2021|2021|2020|2020|
||||||||EOOD|EOOO|EOOO|EOOD|
|Stock|held for resale||||||||79||
|16|Debtors||||||||||
||||||||Group|Charity|Group|Charity|
||||||||2021|2021|2020|2020|
||||||||EOOD|EOOO|EOOD|EOOD|
|Amounts<br>due||from subsidiary||||undertaking||156||95|
|Otherdebtors|||||||560|535|675|655|
|Prepayments||and accrued|||income||2I159|2,159|1,814|1,813|
||||||||2,719|2,850|2,489|2,563|
|17|Creditors:||amounts||falling due within one year||||||
||||||||Group|Charity|Group|Charity|
||||||||2021|2021|2020|2020|
||||||||EOOD|EOOO|E000|EOOD|
|Shortterm<br>bankloan|||||||4,055|4,055|||
|Trade|creditors||||||360|358|217|217|
|Pension liability|||||||61|61|56|56|
|Amounts<br>due||to subsidiary|||undertaking||||||
|Other|taxation and social||||security||149|149|131|130|
|Accruals and deferred||||income|||542|540|1,792|1,789|
||||||||5,167|5,163|2,196|2,192|





## 

|||Group|Chadty|Group|Charity|
|---|---|---|---|---|---|
|||2021|2021|2020|2020|
|||8000|f000|6000|6000|
|Brought|forward|537|537|330|330|
|Deferred|in the year|137|137|537|537|
|Released|in the year|(537)|(537)|(330)|(330)|
|Carried forward at 1April||137|137|537|537|



|At 31M|arch||2021,fund|s|are analysed|as follows:|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At 1April|Incoming|Outgo(ng|General|At 31March|
|Unrestricted|||funds- Group|||2020|Resources|Resources|Fund|2021|
||||||||||Transfers||
|||||||6000|6000||6000|6000|
|General|Fund|||||23,416|12,233|(11,248)||24,401.|
|Transfer|to|designated||funds|||||||
|Transfer|from||designated||funds||||1,367|1,367|
|Transfer|from||restricted|funds|||||949|949|
|General|Funds Total|||||23,416|12,233|(11,248)|2,316|26,717|
|Designated||Project 25||Fund||1,367||||1,367|
|Transfer|from||general fund||||||||
|Transfer|to|general fund|||||||(1,367)|(1,367)|
|Designated||Funds Total||||1,367|||(1,367)||
|Unrestricted|||Funds Total|||24,783|12,233|(11,248)|949|26,717|





## 

|NOTES TOTHE F(NANCIAI. ST<br>forthe year ended 31March|NOTES TOTHE F(NANCIAI. ST<br>forthe year ended 31March|NOTES TOTHE F(NANCIAI. ST<br>forthe year ended 31March|NOTES TOTHE F(NANCIAI. ST<br>forthe year ended 31March|ATEMENTS<br> 2021|||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted funds- Charity||||At 1Apdl|Incoming|Outgoing|General|At31March|
|||||2020|Resources|Resources|Fund|2021|
||||||||Transfers||
|||||EMO|E000|EOM|EOOO|EOOO|
|GeneralFund||||23,414|12,233|(11,248)||24,399|
|Transfer|to designated|funds|||||||
|Transfer|from designated||funds||||1,367|1,367|
|Transfer|from restricted|funds|||||949|949|
|General|Funds Total|||23,414|12,233|(11,248)|2,316|26,715|
|Designated<br>Project 25||Fund||1,367||||1,367|
|Transfer|from general fund||||||||
|Transfer|to general fund||||||(1,367)|(1,367)|
|Designated<br>Funds Total||||1,367|||(1,367)||
|Unrestricted<br>Funds Total||||24,781|12,233|(11,248)|949|26,715|



|Comparative|figures far 31March 202|0 are analysed asfoll|ows:||||
|---|---|---|---|---|---|---|
|Unrestricted|funds —Group|At 1April|Incoming|Outgoing|General|At31March|
|||2019|Resources|Resources|Fund Transfers|2020|
|||EOOO|EOOD|EOOD|EOOD|EOOD|
|GeneralFund||10,446|10,002|(10,449)||9,949|
|Transfer to designated<br>funds|||||(168)|(168)|
|Transfer from|designated<br>funds||||10,801|10,801|
|Transfer from|restricted<br>funds||||2,834|2,834|
|GeneralFunds|Total|10,446|10,002|(10,449)|13,467|23,416|
|Designated<br>Project 25 Fund||12,000||||12,000|
|Transfer fram|general fund||||168|168|
|Transfer to general fund|||||(10,801)|(10,801)|
|Designated<br>Funds Total||12,000|||(10,633)|1,367|
|Unrestricted|Funds Total|22,446|10,002|(10,499)|2,834|24,783|





## 

|Unrestricted<br>funds —Grou|Unrestricted<br>funds —Grou|p|At 1April|Incoming|Outgoing|General|At 31March|
|---|---|---|---|---|---|---|---|
||||2019|Resources|Resources|Fund Transfers|2020|
||||f000|f000|f000|f000|f000|
|General Fund|||10,444|10,002|(10,499)||9,947|
|Transfer to designated<br>funds||||||(168)|(168)|
|Transfer from designated|funds|||||10,801|10,801|
|Transfer from restricted funds||||||2,834|2,834|
|General Funds Total|||10,444|10,002|(10,499)|13,467|23,414|
|Designated<br>Project 25 Fund|||12,000||||12,000|
|Transfer from general fund||||||168|168|
|Transfer to general<br>fund||||||(10,801)|(10,801)|
|Designated<br>Funds Total|||12,000|||(10,633)|1,367|
|Unrestricted<br>Funds Total|||22,444|10,002|(10,499)|2,834|24,781|
|Restricted funds —Group||BLCharity||||2021<br>|2020|



|Restricted funds|—Group|BLCharity|2021<br>f000|2020<br>EOOD|
|---|---|---|---|---|
|At 1April|||287|503|
|Net movement|in funds||53|(216)|
|At 31March||||287|



|The net movem||ent<br>in restricte|d<br>funds du|dng 2020/21 is analy|sed<br>as follows:||||
|---|---|---|---|---|---|---|---|---|
|||||At1April|Incoming|Outgoing|ToGeneral|At31March|
|||||2020|Resources|Resources|Fund Fixed|2021|
||||||||Assets||
||||||f000|f000|f000|f000|
|Patient Support||Fund|||||||
|ClinicalFunds|for equipment||etc.||||(39)|127|
|Comfort Appeal||||30|||(30)||
|PT5 New Build||Capital Appeal||145|947||(879)|213|
|||||287|1,003||(949)||





## 


## 

|19<br>Analysis ofNet|Assets between<br>F|unds|||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds|2021|funds|funds|2020|
||60M|fOM|6000|f000|EOOD||
|Fixed assets|25,622||25,622|24,064||24,064|
|Current assets|6,262||6,602|2,915|287|3,202|
|Creditors falling due|(5,167)||(5,167)|(2,196)||(2,196)|
|within one year|||||||
||26,717|340|27,057|24,783|287|25,070|





## 

## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||EOOD|
|Net income for the year||||||1,987|2 121|
|Depreciation<br>on tangible|fixed assets|||||610|314|
|(Gains)/Losses<br>on investments||||||(201)|108|
|Irwestment<br>income||||||(93)|(290)|
|Fixed asset write offs||||||5||
|Losson disposal oftangible||fixed|assets|||||
|(Increase) in stock including||stock write offs||||(32)|(6)|
|(Increase)<br>in debtors||||||(230)|(108)|
|Increase in creditors||||||2,971|349|
|Net cash provided<br>by continuing|||operating activities|||5,017|2,488|
|21<br>Financial<br>instruments||||||||
|||||Group|Charity|Group|Charity|
|||||2021|2021|2020|2020|
|||||EOOD|EOOO|EOOD|EOOD|
|Financial assets/(liabilities)||measured at arnortised cost:||||||
|Cash at bank and in hand||||687||634|633|
|Debtors||||2,719|2,850|2,489|2,563|
|Creditors||||(5,167)|(5,163)|(2,196)|(2,192)|
|Financial assets included|at|fair value:||||||
|Investments||||2,997|2,997|3,106|3,106|





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|At 3|1March 2021,Thames Hospice had financial commitme|nts<br>under non-cancellable<br>operating<br>leases|as follows:|
|---|---|---|---|
|||2021|2020|
|||Land and|Land and|
|||Buildings|buildings|
|||EOOD||
|Due|within one year|767|729|
|Due|within two to five years|1,972|1,874|
|Due|in more than five years|||
|Total|financialcommitments|2,739|2,603|



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|Charity Name:|Charity Name:|Charity Name:|||Thames Hospice|||||
|---|---|---|---|---|---|---|---|---|---|
|Charity Registration|||Number:||1108298|||||
|Company|Registration|||Number:|5316964|||||
|Registered||and Principal Office:|||Windsor<br>Road|||||
||||||Maidenhead|||||
||||||Berkshire|||||
||||||SL62DN|||||
|Independent||Auditors:|||Saffery Champness||LLP|||
||||||71Queen Victoria||Street|||
||||||London|||||
||||||EC4V 4BE|||||
|Bankers:|||||NatWest Bank pic|||||
||||||12 High Street|||||
||||||Windsor|||||
||||||SL4 1LD|||||
|Investment||Managers:|||Investec Wealth|Ik|Investment|Management|Ltd|
||||||30Gresham Street|||||
||||||London EC2V 7QN|||||





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