# ## ||**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|