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2022-07-31-accounts

THE BUTTERFLY HOSPICE TRUST (LIMITED BY GUARANTEE)

Company Number: 05325476 (England & Wales) Charity Number: 1113697

DIRECTORS' AND TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022

Dexter & Sharpe The Old Vicarage Church Close Boston Lincolnshire PE21 6NA

THE BUTTERFLY HOSPICE TRUST

CONTENTS

_________________

Page
Company Information 2
Trustees' Report 3 - 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11 - 17

THE BUTTERFLY HOSPICE TRUST

COMPANY INFORMATION

Trustees (Active) Lorraine Lenton (Chair)
Christine Bonneywell (Vice-chair)
Gurdip Samra
Deborah Oldham
Darren Hamilton
Nicholas Dunmore
Stephen John Martin Dawes
Katy Elizabeth Roberts (Appointed 19/10/21)
Jenny Fryer (Resigned - 17/8/21)
Mark Smith (Resigned - 17/8/21)
Registered Office Rowan Way
Boston
Lincolnshire
PE21 9DH
Independent Examiner Nicola Lenton FCCA
Dexter & Sharpe
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA
Company Number 0532476 (England & Wales)
Charity Number 1113697
Solicitors Chattertons Solicitors
28 Wide Bargate
Boston
Lincolnshire
PE21 6RT
Bankers Barclays Bank plc
52 Market Place
Boston
Lincolnshire
PE21 6LU

THE BUTTERFLY HOSPICE TRUST

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JULY 2022

The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 July 2022, in compliance with s414C of the Companies Act 2006.

Objects and aims

The charity's objective is:- "to relieve sickness and suffering and to promote the spiritual well-being of adults in South East Lincolnshire requiring palliative care by the establishment and maintenance of a hospice and associated services."

Our strategy for achieving our objectives continues to be by developing our organisation and encouraging interaction and activities with the various communities supporting the hospice. This is achieved by networking, consultation with our partners and communities. The Trust and clinical staff and volunteers are encouraged to participate in internal discussions and support the prioritising of various areas of development. The Trust continues to develop partnership working and to encourage multi-service use of the Hospice for the benefit of patients and families.

The ongoing working relationship the Trust continues to develop with the Commissioners is vital to ensure the provision of services most needed to serve our communities.

Fundraising is vital and we have an ongoing wide programme of fundraising activities planned for the next twelve months and these, together with our retail activity and the highly valued efforts of a number of other community organisations and corporate supporters, will continue to increase our funds. We continue to provide speakers to other local organisations in order to widen community understanding and support for our aims and objectives.

Public benefit

The activities undertaken by the charity to further public benefit include the provision of free 24-hour patient care in the hospice for those who need it funded by the income taken from the shops under the control of the charity and the fundraising activities carried out.

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Relationships with related parties

The trust continues to maintain relationships with a wide range of local and regional organisations which include other local third sector organisations, local councils, Lincolnshire NHS Trusts, Clinical Commissioners and others.

THE BUTTERFLY HOSPICE TRUST

TRUSTEES’ REPORT CONTINUED FOR THE YEAR ENDED 31 JULY 2022

Achievements & Performance

Partnerships

The financial year 2021-2022 marked the beginning of a three-year strategy for the charity and a renewed impetus to push forward into the ‘new normal’ as pandemic restrictions on society drew to an end.

The charity became an active member on the Lincolnshire Palliative and End of Life programme and we continue to work alongside health professionals and members of the reformed commissioning entity, NHS Lincolnshire Integrated Care Board. In addition, the charity has joined the Lincolnshire VET; a collective of VCSE organisations working together to focus on developing and delivering health, care, and wellbeing services in Lincolnshire. Our 2021-24 strategy plan runs in tandem with the aims of our strategic partnerships.

Our partnership with Lincolnshire Community Health Service strengthens year on year, with joint endeavours to promote and celebrate the work of the hospice. We have presented to audiences within and across the acute, community hospital and community neighbourhoods, celebrating our commitment to provide an excellent service that meets the needs of the people we serve. Our partnership celebrates our ethos of being one staff team. The joint participation between charity and clinical staff in a Tough Mudder challenge demonstrates the unique relationship we enjoy ‘out of working hours.’

Team Butterfly Hospice: Tough Mudder May 2022

Garden Therapy Village

Delivering on local need continues to drive forwards our ambition to support people in pre and post bereavement. In September 2021 a capital project was initiated to develop a therapeutic service based in our beautiful grounds – The Butterfly Hospice Garden Therapy Village. By the turn of 2022, three summer houses were erected to facilitate both 1:1 and group counselling sessions and the service is developing very well. Two counsellors are in place and demand for their service is high. Complementary to Butterfly Therapy, we are delighted to include the voluntary services of a therapy dog, Bran who visits the hospice each week bringing comfort to our patients and their loved ones. We continue to have the support of the Pilgrim Hospital Chaplaincy who contribute to the personal and spiritual needs of our service. Through our charitable fundraising, we are immensely proud that our therapy is delivered at no cost to the client.

The development of Garden Therapy could not have been realised without the ongoing support of many contributors who have given so generously to fund the build or give of their time and expertise to enable this new service. On behalf of the trustees and Hospice community we thank all who have given so generously to us.

THE BUTTERFLY HOSPICE TRUST

TRUSTEES’ REPORT CONTINUED FOR THE YEAR ENDED 31 JULY 2022

Therapy Team: Supporting people in their pre and post bereavement

Royal Reflections

Across the country 2021-22 marked the achievement of our Royal Family. The Butterfly Hospice was keen to acknowledge their contribution but were also incredibly fortunate to receive a fantastic boost to our fundraising. The sad death of Prince Philip led to an award from the Mark Benevolent Fund. Brethren from the Provincial Grand Lodge Lincolnshire visited the hospice; 5 local lodges each giving £1000. While acknowledging the work of Prince Philip especially in his support of the hospice movement, the charity was delighted to celebrate the achievements of our Queen Elizabeth. The Platinum Jubilee was marked with the planting of a silver birch by longstanding supporters Thelma Fountain and Pam Bell, sisters who have been actively volunteering for the charity for many years.

Commitment to our Community

Our charity continues to push forwards. Retail and Fundraising staff and volunteers have worked exceptionally hard to deliver on our tried and trusted income generating activities and to also identify different ways to raise funds. Despite the financial climate, we have actively promoted our work across our communities. Local businesses and individual supporters continue to help us in our aims, irrespective of these challenges. Their commitment to our charity is deeply appreciated.

By the financial year end of 2022, we find ourselves in a positive economic position, and are looking to capitalise on this to further develop the therapy service and to also enhance our current hospice provision.

THE BUTTERFLY HOSPICE TRUST

TRUSTEES’ REPORT CONTINUED FOR THE YEAR ENDED 31 JULY 2022

FINANCIAL REVIEW

Policy on reserves

During the year, the board of trustees conducts an annual review of the level of unrestricted reserves not committed or invested in tangible fixed assets ("the free reserves") in the general fund, by considering the risks associated with the various income streams, expenditure plans and balance sheet items. This enables an estimate to be made of the level of reserves that are sufficient: i) to allow for reorganisation in the event of a downturn of income or asset values ii) to protect ongoing work programmes Under the constitution, the charity has the power to make any investment which the trustees see fit provided appropriate advice is taken from a professionally qualified person under the Financial Services Act 1986.

Principal funding sources

The principal ongoing funding sources for the charity are currently by way of donations, fundraising activities and our retail division consisting of premises in Boston, Spalding, Skegness, Louth, Bourne and Wisbech.

Investment policy and objectives

The trust seeks to maximise income without putting funds at risk. The trustees will continue to monitor the needs for investing funds on a regular basis.

Risk management

The trustees actively review the major risks which the charity faces on a regular basis and, combined with an annual review of the controls over key financial systems, they believe the charity could provide sufficient resources in the event of adverse conditions.

THE BUTTERFLY HOSPICE TRUST

TRUSTEES' REPORT CONTINUED FOR THE YEAR ENDED 31 JULY 2022

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are required by law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 15 November 2022 and signed on its behalf by:

…………………………………….

Lorraine Lenton Trustee, Chair

THE BUTTERFLY HOSPICE TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE BUTTERFLY HOSPICE TRUST

I report on the accounts for the year ended 31 July 2022 set out on pages nine to seventeen.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

NICOLA LENTON FCCA Independent Examiner

Dexter & Sharpe Chartered Certified Accountants The Old Vicarage Church Close Boston Lincolnshire PE21 6NA

15 November 2022

THE BUTTERFLY HOSPICE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022 (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)

Notes
Income and Endowments from:
4
Donations and legacies
Fundraising events
5
Charitable trading income
6
Investment income
Meal income
Total Income
Expenditure on:
Costs of generating funds
7
Shop and furniture and electrical expenditure
7
Warehouse expenditure
7
Fundraising costs
Charitable activities
8
Management and administration
8
Hospice costs
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
16
Total funds carried forward		 Restricted
Funds
£
3,962
-
-
-
-
3,962
-
-
-
-
(128)
(5,241)
(5,369)
(5,369)
(1,407)
(1,407)
461,773
460,366		 Unrestricted
Funds
£
230,146
42,213
753,478
1,600
8,178
1,035,615
(319,164)
(93,905)
(42,766)
(455,835)
(163,344)
(205,230)
(368,574)
(824,409)
211,206
211,206
1,439,017
1,650,223		 2022
£
234,108
42,213
753,478
1,600
8,178
1,039,577
(319,164)
(93,905)
(42,766)
(455,835)
(163,472)
(210,471)
(373,943)
(829,778)
209,799
209,799
1,900,790
2,110,589		 2021
£
332,640
19,194
461,491
772
1,738
815,835
(240,201)
(55,885)
(45,924)
(342,010)
(135,781)
(192,894)
(328,675)
(670,685)
145,150
145,150
1,755,640
1,900,790

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes on pages 11 to 17 form part of these accounts

THE BUTTERFLY HOSPICE TRUST COMPANY NUMBER: 302819 (LIMITED BY GUARANTEE)

BALANCE SHEET AS AT 31 JULY 2022

Notes
Fixed assets
11
Tangible assets
Current assets
12
Debtors
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
Net current assets
Net assets
Funds of the charity:
Restricted funds
Unrestricted Income funds
Unrestricted funds
14
Total funds		 2022
£
1,303,259
49,302
792,380
841,682
(34,352)
807,330
2,110,589
460,366
1,650,223
2,110,589		 2021
£
1,137,405
32,382
759,081
791,463
(28,078)
763,385
1,900,790
461,773
1,439,017
1,900,790

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and in accordance with FRS102 SORP.

The financial statements were approved by the Board of Trustees on 15 November 2022 and were signed on its behalf by:

……………………………………. ……………………………………. Lorraine Lenton Christine Bonneywell Trustee, Chair Trustee, Vice-Chair

The notes on pages 11 to 17 form part of these accounts

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022

THE BUTTERFLY HOSPICE TRUST

1.

STATUTORY INFORMATION

The Butterfly Hospice Trust is a charitable company, limited by guarantee, registered in England and Wales. The charitable company’s registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2016)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings Not depreciated Hospice Fixtures & Fittings 10% depreciation reducing balance Motor Vehicles 25% depreciation reducing balance Office Equipment 33.3% depreciation reducing balance Shop Equipment 15% depreciation reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £6,585 (2021 - £5,512).

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED

FOR THE YEAR ENDED 31 JULY 2022

2. ACCOUNTING POLICIES continued

Administration expenditure

Administration expenditure includes all expenditure not directly related to the charitable activity or fundraising ventures, this includes costs of running the office premises and governance costs and are allocated to expenditure on the raising of funds or charitable activities as appropriate.

3. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 July 2022.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 July 2022.

4. DONATIONS AND LEGACIES

General donations
Legacy
Grants and trusts
Lottery
Gift Aid		 Restricted
Funds
£
1,682
-
2,280
-
-
3,962		 Unrestricted
Funds
£
75,026
140,711
4,261
9,520
628
230,146		 2022
£
76,708
140,711
6,541
9,520
628
234,108		 2021
£
60,477
195,946
64,400
11,817
-
332,640

The total income from donations and legacies was £234,108 (2021 - £332,640) of which £230,146 (2021 - £320,070) was unrestricted and £3,962 (2021 - £12,570) was restricted.

5. INCOME - CHARITABLE ACTIVITIES

Shop income
Furniture and electrical income
Miscellaneous sales and insurance payouts		 2022
£
552,566
52,487
145,425
750,478		 2021
£
285,714
19,973
155,804
461,491

All income from this source was unrestricted in this and the prior year.

6.

INCOME - INVESTMENTS

2022 2021
£ £
Interest receivable on bank deposits 1,600 772

All income from this source was unrestricted in this and the prior year.

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31 JULY 2022

7. RESOURCES EXPENDED – FUNDRAISING

Shop, furniture and electrical expenditure
Staff costs
Rent
Rates and water usage
Bank charges
Goods for resale
Fund raising events – Internal events
Cleaning costs
Legal & Professional
Courses/Training
Insurance
Light and heat
Telephone
Postage, stationery and advertising
Repairs and Renewals
Sundry expenses
Depreciation
Loss on asset disposals
Warehouse costs
Staff costs
Rent
Rates and water usage
Bank charges
Goods for resale
Cleaning costs
Legal & Professional
Courses/Training
Insurance
Light and heat
Telephone
Motor Expenses
Sundry expenses
Postage, stationery and advertising
Repairs and renewals
Depreciation
Fundraising costs
Fundraising		 Restricted
Funds
£
-
-
-
-
-
-

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Unrestricted
Funds
£
178,306
84,188
9,771
4,031
2,848
20
1,627
1,490
390
4,910
9,389
3,282
3,237
10,676
972
4,027
-
319,164
37,254
23,998
3,706
375
7
205
970
67
3,598
3,057
415
10,218
1,167
3,407
5,431
30
93,905
42,766
455,835		 2022
£
178,306
84,188
9,771
4,031
2,848
20
1,627
1,490
390
4,910
9,389
3,282
3,237
10,676
972
4,027
-
319,164
37,254
23,998
3,706
375
7
205
970
67
3,598
3,057
415
10,218
1,167
3,407
5,431
30
93,905
42,766
455,835		 2021
£
144,309
71,064
1,177
-
-
-
-
-
-
3,035
6,638
1,933
2,578
5,142
2,699
290
1,336
240,201
21,630
18,000
264
-
-
-
-
-
1,737
1,484
365
8,067
361
1,867
2,075
35
55,885
45,924
342,010

The total costs of generating funds was £455,835 (2021 - £342,010), of which £455,835 (2021 - £342,010) was unrestricted and £0 (2021 - £0) was restricted.

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31 JULY 2022

8. RESOURCES EXPENDED - CHARITABLE ACTIVITIES

Management and administration
Staff costs
Cleaning costs
Light and heat
Catering costs
Fund raising expenses – Internal events
Motor and travel
Courses/training
Rates and water usage
Insurance
Telephone and internet
Repairs and renewals
Postage, stationery, advertising and printing
Legal and Professional
Accountancy and bookkeeping
Sundry expenses
Depreciation
Profit/Loss on disposal of tangible fixed assets
Release of grant
Bank charges
Hospice costs
Rates and water usage
Motor and travel
Telephone and internet
Postage, stationary, advertising and printing
HP interest
Fund raising expenses – Internal events
Bank charges
Insurance
Light and heat
Building Maintenance )
Equipment and maintenance )
Repairs and renewals )
Courses/training
Catering costs
Cleaning
Sundry expenses
Depreciation
Profit/Loss on disposal of tangible fixed assets
Release of grant
Wages and salaries		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
233
-
(105)
-
128
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,480
-
(239)
-
5,241
5,369		 Unrestricted
Funds
£
104,772
319
3,224
29
246
5,448
2,133
(631)
6,579
2,452
11,780
10,683
1,253
4,728
2,510
3,035
-
-
4,784
163,344
722
49
352
54
351
6
285
8,481
5,624
28,540
68
11,796
4,003
4,565
4,054
-
-
136,280
205,230
368,574		 2022
£
104,772
319
3,224
29
246
5,448
2,133
(631)
6,579
2,452
11,780
10,683
1,253
4,728
2,510
3,268
-
(105)
4,784
163,472
722
49
352
54
351
6
285
8,481
5,624
28,540
68
11,796
4,003
4,565
9,534
-
(239)
136,280
210,471
373,943		 2021
£
85,335
-
2,713
-
-
6,445
36
1,145
4,203
2,141
1,572
8,503
3,912
4,504
4,680
1,317
1,449
(157)
7,983
135,781
543
-
-
-
-
-
-
4,048
6,852
20,542
474
4,578
3,317
6,777
8,505
27,303
(266)
110,221
192,894
328,675

The total expenditure on charitable activities was £373,943 (2021 - £328,675), of which £368,574 (2021 - £317,050) was unrestricted and £5369 (2021 – £11,625) was restricted.

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31 JULY 2022

9. SURPLUS/(DEFICIT) FOR THE YEAR

The deficit of expenditure over income is stated after charging:

2022 2021
£ £
Independent examination and other accountancy work 4,728 4,504
Depreciation 16,859 10,147
Release of grant (344) (423)
═══════ ═══════

The expenditure incurred during the year related to the charitable activities. No direct expenditure was incurred in raising funds and any apportionment of administration expenditure to this activity is insignificant.

10. STAFF COSTS

No remuneration was paid to any trustee or member during the year. The only staff costs were:

Wages and salaries
Seasonal security costs
Pension costs



No member of staff was paid more than £60,000.
Average Number of Staff

Hospice
Management
Retail and Warehouse
Fundraising

 2022
2021
£
£
458,069
367,479
28,911
16,661
6,585 5,512
493,565389,652
═══════
═══════
2022
2021
No. No.
13
9
5
6
15
13
3
1
_______
_______
36
29
═══════
═══════

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31 JULY 2022

11. TANGIBLE FIXED ASSETS

Cost
At 1 August 2021
Additions
At 31 July 2022
Depreciation
At 1 August 2021
Charge for the year
At 31 July 2022
Net book value
At 31 July 2022
At 31 July 2021		 Land &
Buildings
£
1,046,103
141,502
1,187,605
-
-
-
1,187,605
1,046,103		 Hospice
fixtures &
fittings
£
150,022
11,226
161,248
65,905
9,534
75,439
85,809
84,117		 Motor
Vehicles
£
2,895
-
2,895
1,979
229
2,208
687
916		 Office
Equipment
£
26,563
4,780
31,343
22,134
3,039
25,173
6,170
4,429		 Shop
Equipment
£
12,858
25,205
38,063
11,018
4,057
15,075
22,988
1,840		 Total
£
1,238,441
182,713
1,421,154
101,036
16,859
117,895
1,303,259
1,137,405

12. DEBTORS DUE WITHIN ONE YEAR

13.

Accrued income and grants
Prepayments
VAT recoverable
REDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accruals
Fixed asset funds		 2022
£
-
24,090
25,212
49,302
2022
£
18,744
8,354
4,892
2,362
34,352		 2021
£
588
26,206
5,588
32,382
2021
£
9,849
10,552
4,971
2,706
28,078

CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR

THE BUTTERFLY HOSPICE TRUST

NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31 JULY 2022

14. TOTAL FUNDS

Balance as at 1 August 2021
Incoming Resources
Resources Expended
Balance as at 31 July 2022
Balance as at 1 August 2020
Incoming Resources
Resources Expended
Balance as at 31 July 2021		 Unrestricted
Funds
£
1,439,017
1,035,615
(824,409)
1,650,223
Unrestricted
Funds
£
1,294,812
803,265
(659,060)
1,439,017		 Restricted
Funds
£
461,773
3,962
(5,369)
460,366
Restricted
Funds
£
460,828
12,570
(11,625)
461,773		 Total
Funds
£
1,900,790
1,039,577
(829,778)
2,110,859
Total
Funds
£
1,755,640
815,835
(670,685)
1,900,790

Purposes of restricted funds

The restricted funds all relates to income received from third parties which all have a specific pre-determined use within the charity.

15. SHARE CAPITAL

The company is incorporated under the Companies Act as a Guarantee Company. No share capital has been issued. In the event of the company’s winding up each member may be required to contribute an amount not exceeding £1 as a contribution towards the debts and liabilities of the company.