## **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||
- 2 -
## **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.
- 3 -
**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.
- 4 -
## **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.
- 5 -
**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.
- 6 -
## **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:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practices, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
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
- 7 -
## **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:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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
- 8 -
## **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
- 9 -
## **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
- a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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
- 10 -
**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.
- 11 -
## **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.
- 12 -
## **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.
- 13 -
## **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.
- 14 -
## **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
**493,565**389,652
**`═══════`**
**`═══════`**
**2022**
2021
**No**. No.
**13**
9
**5**
6
**15**
13
**3**
1
**`_______`**
**`_______`**
**36**
29
**`═══════`**
**`═══════`**|
|---|---|
- 15 -
## **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**
- 16 -
## **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.
- 17 -