2022-03-31-accounts

	Page
Report of the Trustees
• Reference and Administrative Information	1
• Letter from the Chairman	2
• Trustees Report	3
Report of the Independent Auditors	11
Statement of Financial Activities	14
Balance Sheet	15
Cashflow	16
Notes to the Financial Statements	17

David Pardoe (Chair)
Victoria Bracey (Vice Chair)
Carl Broadbridge	(Appointed 26 May 2021)
Jo Broom
Ian Downie
Andy Hall	(Retired 3 November 2021)
Peter Hill
Mark Merrill
Michael Nielsen	(Appointed 26 May 2021)
Nicola Spicer
Stella Sykes

	**For the year ended 31 **	**For the year ended 31 **	March 2022
					2022	2021
		Unrestricted	Designated	Restricted	Total	Total
	Note
Income and Endowments from:
Donations and legacies
Donations	2	602,563		95,432	697,995	679,911
Legacies		. 316,568		1,647	318,215	1,287,587
Coronavirus Job Retention Scheme				−		10,257
Other trading activities	3
Fundraising		448,236			448,236	419,726
Trading activities		22,444			22,444	19,644
Investment	4	94,155			94,155	87,333
Other		1,287		−	1,287	2,031
TOTAL INCOME AND ENDOWMENTS		1,485,253		97,079	1,582,332	2,506,489
Expenditure on:
Raising funds	5
Fundraising		304,474			304,474	289,005
Trading expenses		6,486			6,486	6,568
Investment Management costs		5,765			5,765	5,132
Charitable activities	6
Grant for Hospice costs		1,267,699		19,044	1,286,743	1,014,842
Administration costs		91,902			91,902	90,657
TOTAL EXPENDITURE		1,676,326		19,044	1,695,370	1,406,204
NET INCOME/(EXPENDITURE) FOR THE YEAR
BEFORE GAINS AND LOSSES ON INVESTMENTS		(191,073)		78,035	(113,038)	1,100,285
Net gain/(losses) on investments
Realised
Unrealised	12	72,525			72,525	351,973
		72,525			72,525	351,973
NET INCOME/(EXPENDITURE)		(118,548)		78,035	(40,513)	1,452,258
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS		(118,548)	−	78,035	(40,513)	1,452,258
RECONCILIATION OF FUNDS
Total funds brought forward
at 1 April 2021		3,573,394		203,887	3,777,281	2,325,023
Total funds carried forward as at 31 March 2022		3,454,846		281,922	3,736,768	3,777,281

		2022	2021
	Note	£	£
Fixed assets
Tangible fixed assets	11	3,466	5,063
Investments	12	2,686,233	2,134,878
		2,689,699	2,139,941
Current assets
Stock	13	1,243	344
Debtors	14	159,049	1,032,718
Deposits		853,352	346,489
Cash at bank and in hand		147,705	304,567
		1,161,348	1,684,118
Creditors: amounts due within one year	15	(114,279)	(46,778)
NET CURRENT ASSETS		1,047,069	1,637,340
TOTAL ASSETS LESS CURRENT LIABILITIES		3,736,768	3,777,281
Funds
Unrestricted funds	17	3,454,844	3,573,394
Designated funds	18		−
Restricted funds	19	281,924	203,887
		3,736,768	3,777,281

		2022	2021
	Note	£	£
Cash flows from operating activities:
Net cash provided by (used in) operating activities	a	738,140	63,816
Cash flows from investing activities:
Investment and Interest income received		94,155	87,333
Purchase o f property, plant and equipment		(3,464)	(1,638)
Proceeds from sale of investments
Purchase of investments		(478,830)
Net cash provided by investing activities		(388,139)	85,695
Increase/(decrease) in cash and cash equivalents in the year		350,001	149,511
Cash and cash equivalents at the beginning o f the year		651,056	501,545
Cash at bank and in hand	b	1,001,057	651,056
		2022	2021
		£	£
a) Reconciliation of net income/(expenditure) to net cash flow from operating activities
Net income/(expenditure) for the year (as per the statement o f financial activities)		(40,513)	1,452,258
Adjustments for:
Depreciation		5,063	6,648
(Gains)/losses on investments		(72,525)	(351,973)
Investments and Interest income		(94,155)	(87,333)
(Increase)/decrease in stocks		(899)	245
(Increase)/decrease in debtors		873,669	(944,999)
Increase/(decrease) in creditors		67,500	(11,030)
		738,140	63,816
b) Analysis of cash and cash equivalents
		2022	2021
		£	£
Cash at bank and in hand		1,001,057	651,056

Income from donations
			Total	Total
	Unrestricted	Restricted	2022	2021
	£	£	£	£
Individuals	159,044	10,180	169,224	150,409
In Memoriam	140,521	6,165	146,686	160,907
Organisations and Trusts	302,848	79,087	381,935	368,445
Donated services	150		150	150
		−
	602,563	95,432	697,995	679,911

			Total
	Unrestricted	Restricted	2021
	£	£	£
Individuals	150,179	230	150,409
In Memoriam	159,302	1,605	160,907
Organisations and Trusts	339,755	28,690	368,445
Donated services	150		150
		−
	649,386	30,525	679,911

Income from other trading ac	tivities
			Total	Total
	Unrestricted	Restricted	2022	2021
	f	f	f	f
Fundraising	265,793		265,793	419,726
Hospice Lottery	182,443		182,443
	448,236		448,236	419,726
Sales of Christmas cards	22,444		22,444	19,644
	470,680		470,680	439,370

			Total
	Unrestricted	Restricted	2021
	f	f	f
Fundraising	419,726		419,726
Sales of Christmas cards	19,644		19,644
	439,370		439t370

Investment Income
			Total	Total
	Unrestricted	Restricted	2022	2021
	f	f	f	f
Investment Income	91,390		91,390	85,986
Bank Interest	2,765		2,765	1,347
	94,155		94,155	87,333

5.	Analysis of expenditure on raising funds
						Total	Total
			Staff Costs	Costs	Depreciation	2022	2021
			E	E	E	E	E
	Fundraising		235,412	69,062		304,474	289,005
	Cost of goods for resale			6,486		6,486	6,568
	Investment Management costs			5,765		5,765	5,132
			235,412	81,313		316,725	300,705
6.	Analysis of expenditure on charitable activities
						Total	Total
		Note	Staff Costs	Costs	Depreciation	2022	2021
			E	E	E	E	E
	Grant for Hospice clinical expenses			1,250,000		1,250,000	950,000
	Grant for Hospice at Home clinical expenses			14,583		14,583	35,050
	Grant for Hospice non−clinical expenses (training etc)			22,160		22,160	29,792
				1,286,743		1,286,743	1,014,842
	Depreciation				5,063	5,063	6,648
	Support costs	7	45,905	34,190		80,095	65,877
	Governance costs	7		6,744		6,744	18,132
			45,905	1,327,677	5,063	1,378,645	1,105,499
	Total expenditure (notes Sand 6)					1,695,370	1,406,204
7.	Analysis of administration costs
			General support	Governance function	Total 2022	Basis of apportionment	2021
			E	E	E		E
	General office		29,278	−	29,278	Invoice	25,772
	Trustee meeting expenses			1,624	1,624	Invoice	1,699
	Salaries, wages and related costs		40,105	2,305	42,410	Allocated on time	42,410
	Auditors' remuneration			5,120	5,120	Governance	5,560
	Consultancy fees			3,480	3,480	Governance	1,295
	Legal fees		−	4,927	4,927	Governance	7,273
	Depreciation		5,063		5,063		6,648
			74,446	17,456	91,902		90,657

8.	Net Incoming Resources for the Year This is stated after charging:
		2022	2021
	Depreciation	5,063	6,648
	Auditors remuneration:
	−audit	5,120	5,560
9.	Staff Costs and Numbers
	Staff costs were as follows:
		2022	2021
	Salaries and wages	254,190	263,112
	Social security costs	14,942	14,391
	Pension costs	12,185	10,844
		281,317	288,347

	2022	2021
	No.	No.
Fundraising/Administration	13	12
The average full time equivalent number of employees during the year was as follows:
	2022	2021
	No.	No.
Fundraising/Administration	10	9

**11. **	For th Tangible Fixed Assets	e year ended 31 March 2022
		Office	Computer
		equipment	equipment	Total
		E	E	E
	Cost
	At 1 April 2021	23,763	12,570	36,333
	Additions		3,464	3,464
	Disposals		−	−
	At 31 March 2022	23,763	16,034	39,797
	Depreciation
	At 1 April 2021	21,090	10,178	31,268
	Charge for the year	2,063	3,000	5,063
	Eliminated on disposals	−	−	−
	At 31 March 2022	23,153	13,178	36,331
	Net book value
	At 31 March 2022	610	2,856	3,466
	At 31 March 2021	2,673	2,392	5,065
**12. **	Fixed Asset Investments
				Total
				E
	Valuation at 1 April 2021			2,134,878
	Additions			478,830
	Disposals			−
	Revaluations			72,525
	Valuation as at 31 March 2022			2,686,233
**13. **	Stock
			2022	2021
			E	E
	Stock for resale		1,243	344
**14. **	Debtors
			2022	2021
			E	E
	Trade debtors		54,470	72,538
	Prepayments and accrued income		19,551	19,820
	Gift Aid		1,769	5,267
	Legacies		83,259	935,093
			159,049	1,032,718
**15. **	Creditors: amounts due within one year
			2022	2021
			E	E
	Trade creditors		64,854	9,137
	PAYE and National Insurance		4,937	4,594
	Other creditors		10,758	10,758
	Pension contributions paid over after 31 March		444	1,711
	Accruals and deferred income		18,703	20,578
			99,697	46,778
**16. **	Operating Lease Commitments
	As at 31 March the charity had total future minimum lease payments under non−cancellable operating leases as follows:
			Land and buildings
			2022	2021
			E	E
	Less than 1 year
			Equipment
			2022	2021
			E	E
	Less than 1 year		5,891	9,257
			5,891	9,257

			For the year ended 31 March 2022	For the year ended 31 March 2022
18.	Designated Funds
		Balance at	Incoming	Outgoing		Balance at
		1.4.21	resources	resources	Transfers in/(out)	31.3.22
	Hospice at Home Fund
	Analysis o f movements in Unrestricted Funds −previous		year
		Balance at	Incoming	Outgoing		Balance at
		1.4.20	resources	resources	Transfers in/(out)	31.3.21
	Hospice at Home Fund	320,448			(320,448)
		320,448			(320,448)

	Balance	at	Incoming	Outgoing		Balance at
	1.4.21		resources	resources	Transfers in/(out)	31.3.22
Children's Bereavement Fund	18,847					18,847
Staff Fund		1,246	3,390	(1,401)		3,235
PGSC Fund	145,951		10,050			156,001
Equipment Fund		6,209		(425)		5,784
Training and Development of
nursing staff at the hospice		4,600	4,125	(2,050)		6,675
Hospice at Home Fund	23,798		23,504	(15,168)		32,134
Hospice Garden Fund		3,236				3,236
Hospice Treatment Room Fund			56,012			56,012
	203,887		97,081	(19,044)		281,924
Analysis o f movements in Restricted Funds −previous year
	Balance	at	Incoming	Outgoing		Balance at
	1.4.20		resources	resources	Transfers in/(out)	31.3.21
Children's Bereavement Fund	18,984		−	(137)		18,847
Staff Fund		451	890	(95)		1,246
PGSC Fund			158,922	(12,971)		145,951
Equipment Fund		2,465	4,690	(946)		6,209
Training and Development of
nursing staff at the hospice		4,050	7,000	(6,450)		4,600
Hospice at Home Fund	39,583		19,215	(35,000)		23,798
Hospice Garden Fund		5,226	250	(2,240)		3,236
	70,759		190,967	(57,839)		203,887

In 2021/22 the fund received the following grant.
Wessex GP Educational Trust	4,125

	Screwfix Foundation	10,000
	HSBC −Supporting our Communities	18,642
	B & Q Foundation	5,000
	The Morrisons Foundation	22,370
**20. **	Analysis of Net Assets between Funds
		Unrestricted	Designated	Restricted	Total
		£	£	f	E
	Fixed assets	2,407,776		281,923	2,689,699
	Net current assets	1,047,069			1,047,069
	Net assets at the end of the year	3,454,845		281,923	3,736,768

				2021
	Unrestricted	Designated	Restricted	Total
	£	£	£	£
Income and Endowments from:
Donations and legacies
Donations	649,386		30,525	679,911
Legacies	1,127,145		160,442	1,287,587
Coronavirus Job Retention Scheme	10,257		−	10,257
Other trading activities
Fundraising	419,726			419,726
Trading activities	19,644			19,644
Investment	87,333			87,333
Other	2,031			2,031
TOTAL INCOME AND ENDOWMENTS	2,315,522		190,967	2,506,489
Expenditure on:
Raising funds
Fundraising	289,005			289,005
Trading expenses	6,568			6,568
Investment Management costs	5,132			5,132
Charitable activities
Grant for Hospice costs	957,003		57,839	1,014,842
Administration costs	90,657		−	90,657
TOTAL EXPENDITURE	1,348,365		57,839	1,406,204
NET INCOME/(EXPENDITURE) FOR THE YEAR
BEFORE GAINS AND LOSSES ON INVESTMENTS	967,157		133,128	1,100,285
Net gain/(losses) on investments
Realised
	−			−
Unrealised	351,973			351,973
	351,973			351,973
NET INCOME/(EXPENDITURE)	1,319,130		133,128	1,452,258
TRANSFER BETWEEN FUNDS	320,448	(320,448)
NET MOVEMENT IN FUNDS	1,639,578	(320,448)	133,128	1,452,258
RECONCILIATION OF FUNDS
Total funds brought forward
at 1 April 2020	1,933,816	320,448	70,759	2,325,023
Total funds carried forward as at 31 March 2021	3,573,394		203,887	3,777,281