Salisbury Hospice Charity SALISBURY HOSPICE CHARITY LIMITED (A Company Limited By Guarantee) Formerly known as Salisbury Hosplcecare Trust Limited Report of the Trustees and Financial Statements for the year ended 31 March 2024 Company no. 06525170 Charity no. 1123314
SALISBURY HOSPI CHARITY LIMITED (Company number 065251701 For the yearended 31 March 2024 Page Report of the Trustees Reference and Admlnlstratlve Informatlon Letter from the Chalr • Trustees, Report • Report of the Independent Auditors Statement of Financial Activities li • Balance Sheet 12 • Cashflow 13 • Notes to the Flnancial Statement5 14
SALISBURY HOSPICE CHARITY LIMifED (Company number 06525170) Report of the Trustees For the year ended 31 March 2024 The Trustees (who are also Directors of Salisbury Hospice Charity Limited for the purpose of company lawl are responsible for preparing the Dlrectois, Annual Report and the Financial Statements for the year ended 31 March 2024 which are prepared to méet the requlrements for a dlre¢tors' report and accounts for Companie5 Act purpose5. On 13th September 2023, the board of Trustees approved the change of the charity's name to Salisbury Hospice Charity Llmlted. The legal and admlnistrative Information stated below forms part of this report. The financial statements tomply wlth current statutory requirements, Ihe Memorandum and Artides of Association and the Statement of Recommended Practice for Charltles- IFRS 102 effective January 20191- This report has been prepared in accordance wlth the provisions of Part 15 relating to small companies. Reference and Admlnlstratlve Information Re8lstered Office and Operational Address Salisbury Hosplce, Odstock Road, Salisbury SP2 8BJ Webslte www.salisburyhosplcecharlty.org.uk Trustees Nicola Spicer (Chairl Victoria Bracey IroslBnod 15th Nov 20ZYI Carl Broadbridge Vanessa Broom Ire518ned 1211 Sep 20231 Aloysia Dar05 lan Oownie Jennifer Goody Peter Hlll Mark Merrill Michael Nlelsen David Pardoe Stella Sykes Jules Whale lieslined 3Td May 20241 Investment Managers Cazenove Capital, Schroder & Co Llmlted, l London Wall Place, London EC2Y SAU Quilter Cheviot, London Road Office Park, London Road, Sallsbury SPI 3HP Banker5 National Westminster Bank Plc. 48 Blue Boar Row, salisbury SPI IDF Aldermore Bank Plc, Apex Plaza, Forbury Road. Readlng RGI IAX CCLA, Senator House. 85 Queen Vlctoria Street, London EC4V 4ET Auditors Fawcetts LLP Chartered Accountants, Windover House, St Ann Street, Sallsl)ury SPI 2DR
SALISBURY HOSPICE CHARITY LIMITED (company number 065251701 Report of the TTkESteos For the year ended 31 March 2024 Letter from the ChaSr- Nlcola 5plcer Welcome to our annual report for 2023124. Alter a challenging few years for the charity since the Covid-19 pandemic. this past year has been a very successful year. Our fundralslng was above budget, thanks to the hard work of our fundraising team. We have continued to see Invaluable support from across the community, 8enerous donalions towards a very successlul 'BI8 Give, campai8n and a thrlvlng Christmas tree collection. Our corporate partnershlps have been slrort& th succèssful sponsorship packages for our Ilagshlp event, The Salisbury Surnmer Fair. Due to some hugety generous le8acles, we were sl8nlficanlly over bud8et and we are extremely 8raleful for the stspport thls piovides to thè hosplte. We have developed a new 5 yèar stratègy. wlth the alm to slKnlfitantly Increase the Income raised over this period. These plans Includè further development of the fundraisinÈ team. and the introduction of new income slreams to underpin the success WÈ have a¢hleved thls year. Our robust plans wlll ensure we can ¢ontlnue supporlln8 Sallsbury H05plce lon8 Into the futuie. 11 was Bn honour to attend the Business Excellen¢e Award$ with the team this year, where we won the Charlty and SocSal Enterprise Award. After seven years as a trustee, I was delighted to take on the role of chalr In 2023. The Sallsbury Hosp1 Charity15 dear to my heart and l am exlrernely grateful to be in ihls role. I would like to ihank our tllnkal team and volunteers within the hospice for makin8 It such a special place and one l am very proud to be a part of. My thanks to our charity team for their incredible dedication and hard work and to our supporters and volunteers. whose 8ehero#lty has hÈlped Salisbury Hospice Charily support ourwonderful hospice. Nicola Splcer Chalr, Sallsbury Hospice Charity
SALISBURY HOSPI CHARITY LIMITED (Company number 06525170) Report of the Trustees Forthe year ended 31 March 2024 Structure. Governance and Management Salisbury Hospice Charity Limited is a company limited by guarantee. It was incorporated on 5 Marth 2008 and registered as a charity on 25 March 2008. It assumed the assets and liabilities of an existing unincoiporated charlty. The charlty Is governed by a board of trustees Iwho are also the directors of the company). The trustees come from a range of backgrounds and they reEularly revlew the skills within the board and consider both Succession plannlng and existing skill needs. Potential trustee5 are asked to attend several trustee meetlngs on an informal basis before formal appointment as a trustee. The trustees govern the organisalion in accordance with the powers set out irk thè memorandum of association of the company, The trustees meet six times a year, wlth two of those meetlngs focused on financlal matters. In additlon 3 smaller Broup of trustees meet with several staff member5 between formal trustee meetlngs to deal wlth other pressinB buslness. The trustees delegate the day to day runnlng of the charily to è staff of thlrteen, eleven fundralslng staff and two finance and administrative staff. The Trustees have ton5idered the Charliy CommlssSon's General Guidance on publit benèfit, and are Satisfied that the publlc benefit requirement is being met. Alms and objectlves The alms and oblectlves of the charlty, as set out In Its memorandum of association. are to promote the rellef of suffering bv,. • Establishing, maintaining and provldlng hospicecare and homecare seNices for those who are sufferinE from any thronlc or termlnal Illness, dlsabillty or dlsease and providing medical or oiher treatment and attention for any such persons • Conducting, promollng and encouragln8 research into the carè and treatment of those suffering from any Illne55, disability, d15ease or Inflrmlty and particularly into the care and treatment of those sufferlng from cancer or termlnal illness • Provldlng bereavement counselling services for adults and chlldren • Providing, asslstin8 or encoura8lng the provlslon of spiritual help an(18uldance lor both th05e suffering from such Illness or Inflrmity and also for thelr famllles and carers The charity does thls by.. • Provlding slgnlflcant flnanclal SLSPPOrt for Salisbury Hosplce which 15 Staffed by the Palliative Care Servlce of Salisbury NHS Foundation Trust Providlng addStional e55entlal services for those affected by Ilfe limiting illne55 and bereavement. Such services include staff education, activities and equipment both in the hospice and for the Hospice at Home servlce The charlty annu311y alms to provide funds for more than 50% of the hospice services.
SALISBURY HOSPICE CHARITY UMITED (Company number 065251701 Report of the Trustees For the year ended 31 March 2024 Further dètalls of all these speclallst palliative care services are set out below. Salisbury Hosplce prowde5 an Integrated and comprehensive service for patients with advanced, progressive, life-limiting illnesges, and a150 for thelr families and carers. In 2023124 over 1.3th) people were supported by the cllnical team based at Sallsbury Hospice. Inpatlent care There are 10 Inpatient beds. Patients are admltted from boih the community and the hospital, wlth reasons for admSsslon including symptom control, rehabilltalion, special assessment. and end of life care. In 2023124 there were a total of 235 admls5ions to the Inpatlent unit. Communlty Members of the h05plce multidlsclplinary team work In the community In partnership wlth GPS and district nurses to support patlent5 and famllies at home. This Includes clSnlcal nurse speciallsts, doctor5, Iherapy staff, and social workers supported by admin staff and volunteers. Demand for thls part of our service continues to increase. In 2023124 607 patlents were supported by the h05pice team In the community. INB thls does not Include those treated by Hospice at Homel Hospital Input from members of the Specialist Palliatlve Care team provides support to patients. familles and staff ol the acute wards In Sallsbury NHS Foundatlon Trust. Thls is prlmarily p¥ovided by a small team of nurse speclalists and dociors w5th additional support from other hosplce staff. In 2023124 1,010 patlents were seeh by the hosplce team In the hospital settlng. Day care The Peter Gillarn Support Centre currently provides a day tare seTvice for patients al the hosplce 3 days a week. Thls provldes both social support for patients and a day ol resplte for carers. In addilion there are carers, days once 3 Month which patients and carers can attend tO8ether. The centre was closed durlng the Covid-19 pandemlc, but reopened In Aprll 2022. initially on limlted basls. Usage has lfiueased since, and in 2023124 68 patients used the day care centre. The Charity have agreed to fund the relirbishment of thls area whlch should enable wlder usage and an Increased amount of servlces on offer. Other therapies The occupatlonal therapists and physlotherapisls work predominantly on the Inpatlent unlt, but a150 in the othèr branches of the service, In 2023124, 268 patlÈnts were supported by the therapy team. Support Indudes symptom control, rehabilitation, equlpment needs. and d5schar8e planning. Famlly support and bereavement The socSal workers in the family support team work wlth both patients and their families. They coordlnate the bereavement se¥vlce, which 15 delSvered by specially trained volunteers as well as other member5 of the multldlsciplinary team. In 2023124, 350 clients and patients received bereavement and family support seNices. Educatlon The ¢ducatlon service has offered a range of learnlng opportunities for both health professiona15 and inform31 tarers, including Prlnciples of PallSative Care, GP study days, Communication skllls and a Carer skills progiamme which helps relatives feel more confident looking after someone at home, and staff wellbelng day5, to sustain staff worklng in this emotlonally dernandlng area. Due to the Covid-19 pandemic no courses were held during 2021122 and 2022123. and since then there has been minlmal fundlng available for thls part of the service. The trustees have therefore committed to fund an education post, Inltlally over an 18 month term, and an appointment was made In January 2024. Hosplce at Home Since April 2016 Salisbury Hospice has offered a Hospice at Home service. Thls invaluable 5ervlce has provided high quallty care for p311iative patlents coming to the end ol their life who wish to stay in their own home. The service has also acted as a 'crisls intervention,, preventing any unnecessary admissions to a h05PÉtal. hospice or alte¥natlve care setting. In 2023124 there we¥e total of 139 patients who received hospice at home support. The charity prowded the fundlng for a four year inltlal offerlng of this servlce. The core service Is now funded by the NHS with the charity provldlng additional funding to help meet the increasing demand. Note.. The figures on th15 pa8e Include xtual li8ures from IstAw 2023 until 29rh Feb2024. fhjeto the replacemeri ofthe ePAL system bySy5tm One, the total years flgures have beeh talculated wllh an e5tirrbated fi8urefor Matth 2024.
SALISBURY HOSPICE CHARITY IIMITED Icompany number 065151701 Report of the Tiustees Forthe year ended 31 March 2024 Rlsk Management The rrusiee5 undersrand that they have a duty to Identify the major risk5 to which the charitv 15. or might be. exposed. They a150 have a dtjty t establish ihat SVStem5 to ensure that exposure to these risks are minirnised. The key operational. reputational and financi31 risks are included in a risk rnatrix whlch is reVwed fegulaTly and action is taken to ensure mitigation measures are in place and acted on by 311 staff. The key rlsks Identlfled ale.. • The flnanclal demands for maintalnine the current level of ho4)ice services exceed current and expecled resources • An Incldent at a fundialslng event creates unlavourable publlcilyai)d Impatts fundraising abillly • Loss ol key fundralsing stalf The Cost of Ilvlno Crlsls ttsntlnues to have a large lrnpact on lundralslng artivitles. The trustees antlcipate that fundraislng will remaln challeTrgin8 lor the foreseeèble futLITe. and are looking to open new lines of lundralslng Income. A¢hlevemen¢s and Performance The trustees measure peTlorrnance aealnst key oblectlves. Fundraising results are measured aÉalnst the bud8ets set at the beginning of the financlal yeaf. The¥ are determined Inltlally by the Head of Fundraising and the stall team and 38reed by the irustees. Fu#dralsin8 perlorrnaiiee is measured by rnonthly management information and revlewed re8ula¥ly by thè Titsstee Board. The trustees monltor performance of the Investment portlolio and obtaln advl¢e from both Caienove Capltal and aulltér Chevlot. Fundralslng This year we continued 10 reSnlorce our key messaRlng, wlth emphasls on the firtamcial demand5 we have a5 a charity, hnd the need to ralse funds. We developed our 5 year strategy whlch Includes a new leam slructure. wilh the focus on income growth and developmersi of exlstlng and nèw fundralslng Inltlatlve5. We appolnted a Fundralsln8 Manager to drive thls loward and In addltlon, we were delS8hied to weltDme The Countess of Pèmbroke as our new patron. Communlty Fundralsln8 contlnved to grow with the Tlsbury Fundra151n8 Group ralsln8 £37,CQO, The Mayoes Appeal É8,$00 and the Fabulous FamSly Fun Day £26,IXQ. Our Chrlslmas Tree recycllng Kheme raised an Impresslve E30,1]LKI wilh an Increased nurnbèr ol Indlvlduals and corporaie supporters sUPPOYtln8 the event. Corporate Fundra151n8 achSeved further success, wlth a numberof new partnerships built and a successful networking èvent FUSE, whlch rèlsed £8,000. In addltlon, Trvst Fundialsln8 contlnued to prove invaluable with The Wolfson Foundatlon and The Natlon31 Loltery agreelng to fund key projects. Due to team chan8es, we ran just two events thls year. the Celebration Walk and Sallsbury Summer Falr. lolnily they raSsed E68k with one partlcul?rly allected by bad weather. Sports ar Challenge events achleved £51,0. We promoted two BSB Give Inltlatlves durlng the year, Klnd2Mlnd and The 818 Glve Chrlstmas Campal8n. Thesé onlSne maichÈd glvlng tarnpalgThs ¥aised É45,000 towards hosplce at home and our bereavement set¥ice. In partnershlp with local sollcitor5. we continued to promote legacy givlng thls year. Our Make Your Wlll campalgn resulted In pledges totallln8 £67,500, In addition, we are currenlly developln8 an on8olng Iree wlll Scheme wlth Parker Bullen Solicitors. We will alsa he joining a nationwlde legaty campalEn run by Hosplce UK In October 2024. Your Hosplce Lottery, rvn by St Helena H05pke on our behalf, contlnues ¢0 be a valuable wurce of incorne. With 6,095 weekly players. th15 Income strearn ralsed £161,(K)o thls year. Th15 year we were dellghted to work collaboratlvely with Dorothy HLWJ5e Hosplce. through shared messag1 In thelr 5allsbury hospl¢e shop tO8Qther with an a8reement to receive 20% of the net income. In a challen8lng fNla151ne environment our diverslty of intome 51reams continue to playan important role in sale8uardlngwr ongolng fundln8 commitrnent to Salisbury H05pice. In accordance wlth Section 162A Lif the Charitle5 A(t of 2011. the number of complaint5 received by thecharlty about the actlvltles of thè tharltv, or fundralstn8 purposes dur4ng the year 2023-2024 was nil. Volunteers The charlty and the hO5ce is fortunate to have a dedicated team of around 21X) actlve volunteefs In a range of essential roles. They support fundraislng, help In rhe hosplce day unit and work wlth the complementary theTaples tearn. In addilion. they give bereawement support, dellver the essentlal community companlon service ènd work in the beautiful h05pice garden5. Thls supporl equates to over 61X) hours pÈr wÈek savln8 the hospice an estimated f 325.(XJO per year. The Hosplte User Group continue to rneet regularly and represent patlents. carers and familie5 who have used the hospice'5 5ewvlces. The group offer feedback and development ideas and support both the hospice arvj charlty.
SALISBURY HOSPICE CHARITY LIMITED {Company number 06525170) Report of the Trustees For the year ended 31 Marth 2024 Flnancial Review The results for the year are shown in the Statement of Financial Activities. The net surplus for the year before gains on investments was £743,132. Our day to day fundraising activities were inline with budgets, but still impacted by the Cost of Llving Crisis. Overall income was bolstered by Significant legacy income, which Cannot be expectèd to rècur. The grant to Salisbury NHS Foundation Trust to fund hospice services in 2023124 was El.3M. The charity also provlded £40,800 to the hospice for non-clinical expenses including staff and volunteer training and patlent comforts. In addition, the charity also funded É24,900 ljeing the final instalment of the Hospice Treatment Room refurbishment. £84.100 to support the Hospice at Home Service. £71,200 being the first instalment of the implementation of the Systm One IT system in the Hospice, and £21,100 on other Hospice projects. Reserves Policv The trustees have a policy of holdlng an Income reserve to protect the charity against future and unforeseen fluctuatiofts in Its Income and expendlture. The trustees regularly review the position and have considered thelr policy taking into account external factors includillg the cost of living crisis on the charity's fundraising capacity. The trustees have 3Éreed during the yeaT to arnend their policy to mainialn a reserve of between six and nine months runnlng tosts of the charlty and up to 100% of the planned donation for hospice service5 for the year following the latest balance sheet date. At 31 March 2024 the general fund amounted to £3,426,986. On the basls of the agreed policy the reserve requlrement Is between El,711,600 and £1,889,900. The reserve surplus wlll enable the charity to maintain its contribution to the Salisburv NHS Foundatlon Trust for the hospice 5ervite over what is anticipated will be several challenging years for fundraislng. The recelpt of a slgniflcant legacy has èllowed the trustees lo designate funds for a number of Important projects. The charity is part way IhrouEh funding up to £ISO,O(M) for the 'Systm One, IT 5YStem upgrade for the h05pice, and £86.000 over 18 months to fund an education post wlthin the Hospice. They have also commltted to fund the following Items. A shorifall In the Hospice at Home funding for the year 2024125 of £91,000. A Bereavement Support Post over 24 months of £IOO,000. The refurbishment of the Hosplce Peter Gillam Support Centre at £240,Crf)O, and other smaller projects (Lone Worker Oevices, Cuddlebed and Scanner) totallln8 £25,200. Investment Pollcy and Performance The trtjstees alm to invest funds not required for immediate use In order to maintain the real value of the charlty's assets and the purchaslng power of its income for both current and future beneflciaries of Ils seivlces. The trustees also wlsh to mlnlmlse the risk of capital and Sncome losses. This 15 done by employing professional fund managers, by restricllng the range of Investment Instruments and by requlrlng Its investment portfolio to be dlverslfled. This Is achieved by holding its Investments In Charlty Authorised Investment Funds. The trustees have agreed benthmark return5 and the means of monitoring performance against these with the investment managers. Remuneratlon The trustees receive no remuneration or other benefit from theli work with the charity. The pay of our staff is reviewed on an annual basis by a Commlttee of Trustees where recommendation5 are brought to the full Trustee Board. Pay levels are benchmarked against pay levels of other similar charltles. Detalls of staff costs and numbers are disclosed In note 7 to the ftnancial statements. How our Activitles Dellver Publlc Bonefit The truslee5 regularly review the ways in which the actlvitles of the tharlty enable the charity to achleve its alms and dellver public benefit. All of the available financial and volunteer resources of the charity are used to provide support to those suffering from terminal or life limiting Illnesses and their families and carers. This support Is prowded either directly by the charlty or through the palliative care services of Salisbury NHS Foundation Trust which are part lunded by the charity. Plans for the Future The charity plan5 to maintain Its main donation to support the hospice to £1.300,000 for the year 31 March 2024, with a number of additional capital and one off items also being funded. It èxpects the year to be a difficult one for fundralsinB With continued concerns about both the increases in cost of living. as well as the ongoing publlc and charitable financial svpport for Ukraine. Both are expected to continue to impact charitable giving. Nevertheless, the charity plans to continue with a wide range of fundraisin8 initiatives, and aims to be in a p051tion to continue to support the hosplce selvlce from its current fundiaising activities.
SALISBURY HOSPICE CTrIARITY LIMITED (Company numbèr 0652S170) Report of the Trustees For the year ended 31 March 2024 Trustee Responslbllltles The trustees (who are also the Oirectors of Salisbury Hospice Charity Limitèd for the purposes of company lawl are responsible for preparing the Trustees, Report and thè Finantial Statements In accordance with applicable law and United Ki#gdom AccountlnE Standards (Unlted Klngdom Generally Accepted Accounting Practicel. Company law and the Saw applicable to charitie5 require the trustees to prèpare financial statements for each financial year which give a true and fair view of the state of affairs of thè charitable company and of the incomin8 resources and application of resources, Including the Income and expenditure. of the charitable company for that period. In preparing those financial statements the trustees are required to.. select suitable accounting policies and then apply them consistentlyi observe the methods and principles in the Charlty SORP 2015 IFRS 1021: make Ivdgements and estimates that are reasonable and prudent,. state whether applicable UK accounting standards have been followed, subject to any material departures di5c105ed and explained in the financial slatements; prepare the flnanclal stalements on a going concern basis unless it is Inapproprlate to presume that the charity will continue in operation,. The trustees are responslble for keeplng adequate accountlng records which disclose with reasonable accuracy at any tlme the flnanclol p051tion of the Company and enable them to ensure that the financlal statement5 comply wlth the Companies Act 2006 and the Charlty (Accounts and Reports) Regulatlons 2008. The trustees are also responsible for safeguardlng the a$5ets of the Company and hence for taklng reasonable steps for the prevention and detectlon of fraud and other Irregularities. The trustee5 are re5ponslble for the malntenance and Integrlty of the chailty and flnanclal informatlon included on the charltV'5 website. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS So far as the trustees are aware, there is no relevant audit informatlon las defined by Section 418 of the Companies Act 20061 of which the Company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as director in order to make himself or herself aware of any relevant audlt Informatlon and to establish that the Company's audltors are aware of that information, This report has been prepared taking advantage of the exemptions avallable to small companies under the Companies Act 2006, AUDITORS Fawcetts LLP were reappointed as the Charity's auditors during the year and have expressed thelr wllllngness to continue in that capacitv. Approved and authori5ed for issue by the Trustees on 15th July 2024 Nicola Splcer Chair of Trustees
Report of the Independent Auditors To the Members of SALISBURY HOSPICE CHARITY LIMITED {Company number 065251701 Opinlon We have audited the financial statements of Salisbury Hospice Charity Limited lihe 'charttable company'l for the year ended 31 March 2024 whlch comprise the Statemenl of Finan¢lal Acrivities, the Balance Sheet. Ihe Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporlinc framework thai has been applled in thelf preparation 15 applicable law and United Kingdom A¢countinE Standards. induding Financial Reporting Standaid 102 "The Financlal Reportin8 Stai)dard applicable In the UK and Republ1¢ tsf IrelarKJ" (united Kingdom Generally Accepted Accounting Practice). In our opinlon the flnan¢lo1 statements: glve a true and falf vlew of the state of the charltable CoMpanS affair5 at 31 March 2024 and of it5 Èn¢omln8 $01¢e5 an application of resources for the year then ended.. have been properly prepared in accordarKe with United Kingdom Generally Accepted Accounting Practlce; and have been prepared In accordance with the requirements of the Cornpanies Act 2(K)6. asls for oplnlon We condutted our audit In accordance wilh International Standards on Auditln8 IiJKI IISAS IUKII and applicable law. Our responslbllltles under those standaids are further described in the Auditor's responsibilities for the audit of the financlal statements sectlon of our report. We are. Independènt Df the charitable company In attordance wilh the ethical requirements that are relevant to our audlt of the financlal statements in the UK, including the FRC'S Ethical Standard and we have lulfllled our other ethical ¥esponslbilitles in accordance wlth these requSTements. We believe that the audit evidence we have obtalned is sufficlent ènd appropriate to provide a basis for our opSnlon. COn¢lusloS re1atlng to 8olng concern In audltlng the linancral statements, we have conduded thai the trustees. of the 8olng ¢oncern basis of accounting in the preparatlon of the IlnancSal statements is appropriate. Based on the work we have performed, we have not identified any materral uncertainties relating to events or condltlons that, individuèlly Of collectively, May east signllicant dolsbt on the charitable company's ability to ¢ontlnue as a 8olng concern for a perlod of at least twelve rnonths frorn when the linanclal statements are authorlsed lor issue. Our responsibllltles and the responsibilltles of the trustees with respect to 8oinB concern are described in the relevant $tIOnS of thls report. Other Informatlon The other Informatlon comprise5 the informatlon Included in thè trustees 'annual report,, other than the flnanclal statements ènd our auditorf5 reporl thereon. The trustees are responslble for the other Inlormatlon. Our oplnlon on the flnanclal statement5 does not cover the other information and, except to the extent otherwise expllcitly Stated In our report. we do not express any form of assurance conclvslon ihereon. Our respanslbllity is to read the other Inlormatlon and, in dolng so. ton5ider whether the other Information Is materially Incon51stent wlth the financial statements or our knowledge obiained in the course of the audlt or otherwlse appears to be rnaterlally mlsstated. If we identlfy surh material Inconsistencies or apparent material mlsslatements, we are requlred lo determine whether this Bives rise lo a material m15slalement in the Ilnanclal statements themselves. If, based on the work we have perlorrned, we conclude that there is a materbal mlsstatement of thSs other Inlormatlon, we are requlred to ieport that fact. We have nothing to report in thls re8ard. Oplnlon on oiher matters prescrlbed by the Companles Act 2006 In our oplnion, based on the work undertaken in the course of the audlt: the Inforrnation given in the Report of the Trustee5, whlch in¢lyiJes the Report of the Directors prepared for the purpose5 of companv law, for the flnancial yea¥ lor which the linancial 5talemÈnts are prepared Is consistent with the financial statements, and the Report of the Directors included within the Report of the Trustees have been prepared in accordance wlih èpplleable le831 requSrernents.
Report of the Independent Audltors Icontinuedl To the Member5 Of SALISBURY HOSPICE CHARITY LIMITED Icompany number 065251701 Matter5 an which we are Tequlted to report by exception In light of the knowledge and understanding of the company and its environment obtained In the course of the audit, we have not Sdentified material misstaternents in ihe Reporl of the Directors included within the Report of ihe Trustees. We have nothlng to report In respect ol the following matters In relaiion io which the Companles Act 2006 iequires us to repo¥t to you il, In our oplnion.. adequate accounting recoids have not been kepl. or returns adequate for our audit have not been received from branches not visited by u5,. or the flnanclal ststements are not In agreement wlth the accountlng records and returns,. or rtaSn disclosures of Trustees, remuneratlon spe¢lfled by law are not made,. or we have not received all the Information and explanations we require for our audit.. or the tru5Eee5 were not entitled to prepare the flnarKial 5tatemtrnis in a¢cordan¢e wlth the small ¢ornpanies' re8lme and lake a(¢vantage of the small companies, exemptions in preparing the directors, report. Responslbilities of Trustees As exp131npd more fully in the Statement of Truslees. Responsibilities. the Tnjstees (who are also dlrectors of the charltable company foi the purposes of company law and truslees of the charity for the puiposes of charlty lawl ale responslble for the preparatlon ol the flnanclal statements and for belng sattstled that they give a true and fair view, and for such inieinal control as the Trustees dètermlne Is necessary to enable the preparation of financial 5tatemenls that are free from rnateri31 misstatement, whether due to fraud or error. In prepaTSng the Ilnanclal stalements. the Trustees are responslble for assesslng the charitable company's alItY to contlnue as a golng concern, dlscloslng, as app15cable, matters related to Eolng concern and uslng the golng concern bas15 of accounting unless the Trustees elther Intend to Ilquldate the Charltale company or to cease operations, or have no realistlc alternatlve but to do so. Audltor'5 respon51bllltles for the audlt ol the flnanclal Statements Our objectives are to obtain reasonable assurance about whether the flnanclal slaiements as a whole are free from materlal misstatement, whether due tts fraud or error, and to Issue a Reptsrt ol the Auditors that Includes our oplnlon. Reasonable assurance Is a hlgh level of assurance, but Is not a guaranlee ihat an audlt conducted in accordance with ISA5 IUKI will alway5 delect a material mlsslalement when it exlsts. MSsstaternents can arise from fraud or error and are considered materlal If, indlvidually or in the aggregate, they could reasonably be expected io influence the economic decislons of users taken on the basis of these financial statements. Identlfyln8 and assessln8 potentlal rlsks relaled to Irregularltles Includlng Iraud IrreBularltles, Intludlng fraud, are non-compliance wlth laws and regulations. We design procedures, in line wSth our responslbllltles, as set out In the audltors, responsibilities lor the audit of the financial statements section, to detect material misstatements In rÈspèct of Ir¥e8ularitie5, includin8 fraud. The extent to which our pr¢xedure5 are c3pable of detectlng irre8ularltle5, Including fraud, are detailed below. In identlfylng amd assesslng Tisks of materSal mlsststemeni In respect of irregularities, Includlng fraud and non-compllante wlth law5 and regulations we conslder the following.. the nature of the charlty sector. conliol environment and financlal performance; results of our enquiries of management about thelr own idenlificatlon and assessment of the risks of Irfe8ularltles,' any matters we Identlfied havlng obtalned and revlewed the charitvs documentation of thelr pollcies and Procedure5 relatln8 to,. Identlfying, evaluatlng and complying with laws and regulations and whether they were aware ol any instances of non-compllance; detectinÉ and responding to the risks of fraud and whether they have knowledge of any actual, suspected oi alleBed fraud,. the internal contro15 established to mitlgate rlsks of fraud or non-compllance wlth laws and regulatlons • the matters d15CU55ed amon8 the audlt engagement team regarding how and where fraud mlght occur In the flnanclal statements and any potential Sndicators of fraud. As a result of these procedure5, we considered the opportunities and incentives that may exist within the organisation for fraud and Identified the greatest potential for fraud in the followln8 area= revenue and resource recognition. In common with all audits under ISAS IUKI, we are also required to perform speciflc procedures to respond to the risk of management overrlde. We have also obtalned an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of Ih05e laws and regulatlons that had a direct effect on the determination ol material amounts and disclosures in the financial statements. Tl)e key laws and regulations we considered in this context included the UK Charities Act and related legislation.
Report of thÈ Indpppndent Auditors {contlnued) To the Mernbersof SAL15BURY HOSPICE CHARITY LIMITED (Company number 065251701 Aud5t response to Tisks Identified As a result of performing the above. we identified revenue and resource recognititin as a key audit matter related to the potential risk of Ir3ud. Our procedure5 to res[nd to risks identified included the following.. reviewinE the f4nancial 5tatemeni disclosules and testing to supporting documentation to as5e5s comp51ance with provlslons ()1 relevant laws and regulation5 de5crlbed as having a direct effect on the linanclal statements,. understanding the charity's revenue recognitton policies and how tl)ey are applied. including the relevant controls and performing a walkthrough to validate our understanding. • enquSring ol management concerning actual and tjotential litigation and claims- performlng analytical procedures to compare rever>ue recogntsed against expe£tation5 and based on past experi¢n¢e5 and rnanagernent forecasts and Investigated material divergencies by obtsining corroborative evldence. readlng mlnutes of meetlngs of those charged with governance: in addressing the rlsk ol fraud ihrou8h management overrlde of controls. testing the approprlateness of journal entrles and other adlustments- applylns parameters designed to identlfy entiles that weie not wlthln our expectations. This included analyslng and selectlnglourr>als for testing which appeared unusual in naiure. eilhei due to slze, preparer or date of posting. To test their validlty. we verifled the journals to originating documentation. We also communicated relevant rdentllled laws and regulations and potential fraud risks to all engagernent team members and remained alert to any Indications of fraud or non-compliance with laws and regulations throughout the audlt. Because of the Inherent Ilmilatlons of an audit, there is a risk ihat we wlll not detect all IrregulaTltle5, Includlng those leadlng to a materlal mlsstatement In the flnanclal statements or non-compllance with Te8ulatlon. Thi5 risk Increa5e5 Ihe rnore that compllance with a law or ¥egulatlon1s removed from the events and Iransoctions reflected in the financial statements, as we will be le55 likely to become aware of Inslances of non-compliance. The rlsk Is also greater reeardlng IrregulaTltles occurring due to fraud rather ihan error, as fraud Involves Intentlonal concealment, forgery, collusbon. omission or mlsrepresentation. A further descrlptlon of our responslbllltles lor the audit of the flnancial 5talements is located on the Financial Reportin8 Council's website at: www.frc.OT8.uk/audltorsresponslbllltles. This description forms part ol our Report of the Auditors. Usè of our report Thls report is made solely to the charltable companws rnember5, as a body, in accordance wlth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mlght state to the charitable company'5 rnembers those maiters we ale required to state to them In an auditols report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslbS1ity lo anyone otheT than the charltable company and the charltable company's members as a body, for our audit work, for thls report, or for the opinions we have formÈd. Ellingham A FCA DChA Isenlor Statutory Auditor) for and on behalf of Fawcetts LLP, Chartered Accountants & Statutory Auditors Windover House, St Ann Street, Salisbury. SPI 2DR Date.. io
SALISBURY HOSPICE CHARITY LIMITED Icompany number 065251701 statement of Financial Activities Iln¢ludin8 the Intome and Expenditure Account) For the year ended 31 March 2024 2024 Total 2023 Total Unrestricted Designated Restricted Note Income and Endowment5 from.. Donations and legacies Donation5 Legacies 4fA,592 1,649,736 11,395 475,987 1,649.736 573,575 330,513 Other tradln8 actotIeS Fundraising Tr3ding activlties 567,574 20.028 567,574 20,028 497,878 21.645 Investment 120.716 120,716 115,001 other TOTAL INCOME AND ENDOWMENTS 2,822,646 11,395 2,834,041 1,538,612 Expenditure on: Ralslng funds Fvndraising Tradin8 expenses Inveslment Management C05t5 431,107 6.680 6.682 431,107 6,680 6,682 428,129 7,390 5.678 Charltable actlvltles Grant for Hospice costs Administratlon Supporl cosls Governance costs 1,330,878 92,96S 11,447 86.906 124,244 1,542.028 92,965 11,447 1,396,842 81,113 10,591 TOTAL EXPENDITURE 1.879,759 86,906 124,244 2,090,9)9 1,929,743 NET INCOMEIIEXPENDITURE) FOR THE YEAR BEFORE GAINS AND LOSSE5 ON INVESTMENTS 942,887 186,9061 1112,8491 743,132 1391,1311 Net galnlllossesl on investments Realised Unreallsed io 155,976 155,976 155,976 155,976 1209,5681 1209,5681 NET INCOMEIIEXPENDITURE) 1.098.863 186,9061 1112.8491 899,108 161)0,6991 TRANSFER BETWEEN FUNDS 16 1268.600) 268,6 NET MOVEMENT IN FUNDS 830.263 181,694 Ill249) 899,108 1600,6991 RECONCILIATION OF FUNDS Total funds brought forward at l April 2023 2.593,722 236,0 306,347 3,136,069 3,736,768 Total funds carrled forward as at 31 March 2024 3,423.985 417,694 193.498 4,035,177 3,136,069 All of the above results are derived from contlnulng activities. There were no other recognised 8aln5 or Ios5e5 Other than those stated above. The notes form part of these Anancial statements li
SALISBURY HOSPICE CHARITY LIMITED (Company number 065251701 Balance Sheet As at 31 March 2024 2024 2023 Note Flxed assets Tangible fixed assets Investments 3,684 2.546,921 2,550,605 1,647 2,380,231 2,381,878 io Current assets Stock Debtors Oeposits Cash at bank and In hand li 1,571 123,232 1,139,655 323,814 1,588,272 1,234 126,959 572,765 107,246 808,204 12 Credltors: amounts due wlthln one year 13 1103,6981 154,0141 NET CURRENT ASSETS 1,484,574 754,190 TOTAL ASSETS LESS CURRENT LIABILITIES 4,035,178 3,136,068 Funds Unrestrlcted funds Designated funds Restricted funds 15 16 17 3,423,986 417,694 193.498 2,593,724 236,000 306,347 4,035,178 3,136,068 The flnanclal statements were approved and authorised for issue by the Trustees on 15th July 2024 and slgned on Its behalf bv.. Uo4l LI41 Nicola Spicer Chair Mark Merrill Treasurer 12
SALISBURY HOSPICE CHARITY LIMITED (Company number 06525170) Statement of Cash Flow5 As at al March 2024 2024 2023 Note Cash flows from operatlng activitles: Net cash provlded by (used in) operatlng artivities 678.299 1531,8211 Cash flow5 from investinB activities: Investment and Interest income received Purchase of property, plant and equipment Proceeds from sale of investmentslrelease of funds to cash reserve Purchase of investments 120,716 14,8431 115,001 16601 96,435 110.7141 Net cash provlded by Investlng a¢tlvltles 105,159 210,776 Increase/ldecrea5el in cash and cash equivalents in the year 783.458 1321,0451 Cash and cash equSvalents at the beglnnlng of the year 680,011 1,001,056 Cash at bank and In hand 1,463,469 680,011 2024 2023 al Reconclllatlon of net incomellexpenditure) to net ¢ash flow from operatlng Ktivitie5 Net incomellexpendlturel for the year las per the statement of flnanclal activitlesl Adjustments for: Depreciation IGainslllosses on investments Investments and Interest income Ilncreasel/decrease in stocks Ilncreasel/decrease in debtors Increase/{decreasel in creditors 899,108 1600,6991 2,806 1155.9761 1120,7161 13361 3,728 49.685 2,478 209,568 1115,0011 32,090 160,2661 1531,8211 678.299 b) Analysls of cash and cash equlvalents 2024 2023 Cash at bank and in hand 323.814 1,139,655 107,246 572,765 Deposlts 1,463.469 680,011 13
SALISBURY HOSPICE CHARITY LIMITED {Company number06525170) Note5 to the Financial Statement5 Forthe year ended 31 March 2024 BASIS OF PREPARATION AND ACCOUNTING Accountlng Policles The financial statements have been prepared under the historical cost convention, as modified by the revaluatlon of fixed assets, and in accordance with the Financial Reporting Standard in the United Kingdom, IFRS1021 the accounting regulatlons Issued under the Charities Act 2011 and the Statement of Recommended Practlce: Accounting and Reporting by Charities. The charity constitutes a public benefit entity 35 defined by FRSIO2. The financial statements are prepared on a golng concern basls under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling whlch Is the functional currency of the charity and rounded to the nearest E. The significant accounting polScie5 applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Income Recognltlon All incoming re50urce5 are Included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is accounted for on a receipts basis. Grants are reco8nSsed In full In the Statement of Financial Activitles In the year In whlch they are receivable, and conditions for receipt have been met. Income 15 deferred only when the charlty has to fulfil certaln condltlons before becomln8 entitled to it. Income recelved for specific purposes is treated as restricted. I nvestment income is accounted for when received. Legacles are Included when the charity is advised by the personal representatlve of an estate that payment will be made or property transferred, the exa¢t amount involved can be quantified and probate has been granted. Resources Expended All expenditure 15 included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources classified in the SOFA. Fundraising costs are those costs incurred in attracting voluntary contributions and those incurred in fundraising activitie5 and events. The allocation of expenditure between the activities described on the SOFA as charitable and other expenditure is split based upon the tru5tees' best estimate of the resources input to those different parts of the charity's operations. Tangible Fixed Assets Depreclatlon Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rate5 calculated to write down the cost or valuation of each asset to its estimated residual value over its expected useful Ilfe. This applies to assets with a value of £250 or more. The depreciation rates in use are as follows.. Computer equipment Office equipment Straight line over three years Straight line over two and five year5 14
SALISBURY HOSPICE CHARITY LIMITED (Company number 06525170) Notes to the Financial Statements Forthe yeayended 31 March 2024 Funds Accounting General funds are unrestricted funds which are avai13ble for use at the discretion of the Trustees in furtherance of the general objectives of the charily and which have not been designated for other purposes. Designated funds are unrestricted funds which have been set aside by the Trustees for particular psjrposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restrlcted funds are funds subject to specific restrictive conditions imposed by donors or by the purpose of an appeal, Such donations and grants are treated as income in the year of receipt. The aim and use of each restricted fund is set out In the notes to the financial statements. Stock Stock is valued at the lower of cost and net realisable value. Operatlng Leases Rentals applicable to operating leases, where substantially all of the benefits and rlsk of ownership remaln with the lessor, are charged to the Income and expenditure accounts as incurred. Penslons A defined contribution scheme is provided for all staff. Penslon contributlons are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the schemes. Differences lif anvl between amounts charged to the Statement of Financial Activities and contributions pald are shown as a separately identified liability or asset in the notes to the balance sheet. Investments Investment income Is accounted for when received, with gains and losses allocated to the appropriate fund. Investments are Included on the balance sheet ar their market value at the end of the financial year, wSth the exception of any unlisted investments whlch are included at cost. Realised and unrealised gains and losses are credited, or debited, to the Statement of Financial Activities in the year Ir) which they arise. Financial Instruments The charity only has financlal assets and fin3nclal liabllilles of a kind that qualify as baslc financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Allocatlon of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable actlvities. Governance costs are those incurred in connection with the admlnlstratlon of the charity and compliance with constitutional and statutory requirements. The bases on which support and governance costs have been allocated are set out in note 5. Donated servlces The value of services provided by volunteers is not Incorporated into these financial statements, The estimated value of any significant donated service5 is recogni5ed within incoming resources as a donation. and an equivalent charge included within fundraising cost5. Debtors and credltors recelvablelpayable within one year Debtors and creditors wlth no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. 15
SALISBURY HOSPICE CHARITY LIMITED {Company number 065251701 Notes to the Financial Statements For the yearended 31 March 2024 Income from donations Total 2024 Total 2023 Unrestrirted Restricted Individuals In Memoriam Organisations and Trusts 173,313 117,223 174,056 464,592 770 1,355 9,270 11,395 174.OS3 118,578 183,326 475.987 125,432 174,371 273,772 573,575 The income received from organisations and trusts over £5,000 included donations from T H Russell Ch3ritable Trust, The Stephenson Jame5 Charitable Trust, The Albert Hunt Trust, The Big Glve Trust, The Weinstock Fund The Valentine Charitable Trust and The National Lottery Community Fund. For the year ended 31 March 2023 donations are analysed between funds as follows: Total Unrestricted Restricted 2023 Indivlduals In Memoriam Organlsatlons and Trusts 110,799 172.765 251,431 534.995 14,633 1.606 22,341 38.580 125,432 174,371 273,772 573,575 Income from other tradlng actlvitles Total 2024 Total 2023 Unrestrlcted Restrlcted Fundraising Other Income Hospice Lolterv 394,661 11,650 161,263 567,574 394,661 11.650 161,263 567,574 323,500 1,870 172,508 497,878 Traded goods inc Christmas cards 20,028 587,602 20,028 527.602 21,645 519,523 For the year ended 31 March 2023 income from trading activities is analysed between funds as follows.. Total 2023 Unrestrlcted Restricted Fundralsin8 Other Income Hospice Lottery Sales of Christmas cards 321,672 1.870 172508 21,645 517 695 1,828 323,500 1,870 172,508 21,645 519 $23 Invéstment Income Total 2024 Total 2023 Unrestricted Restricted Investment Income Bank Interest 104,038 16,678 120 716 104,038 16.678 120,716 105,068 9,933 115 001 For the year ended 31 March 2024 all investment income was unrestricted. 16
SAIISBiJRY HOSPICE CHARITY LIMITED (Company murnber(5251701 Notes io thÈ Finatktial Staternenls Fortheyear ended 31 March 2024 5. Arbalysls of expendlture on raising funds and charitable artiuttres 6rant5 for hosptce Fund r41sin8 Govewn Inv mgml ance Charges Prioryeai Tradlng Support Total 2023 I,3>.(K)0 84.092 40,764 117,172 1,30Q.( 84.092 40.764 117.172 325.933 12,476 146.282 6,680 1,335,417 238 34,062 27,125 328,157 13,018 136,649 7,390 2,478 27.138 1.890 6,000 3.125 1.378 5.678 1,929,743 Hosplco @Home cliTrlcal co$15 Hosplce non Èlinlcal expenses Hospice oil)er praletts Salaries Including Èmployer Nl Penslon £osts Cost ol lundrai5ing a£tlvltlÈs Cost of Eood51o¥ resalÈ Depreciatlon General vfllre costs Trustee meeting expensos Aud5t lees consultancy St$ Legal lee5 Inveslment mana8Èment lees 274.720 io,ios 146.282 48,301 2,371 2.912 680 27A12 27.412 1,435 7,ICK) 8.661 3,414 6.682 2,090,909 1,435 7,100 8A61 3,414 J,542,028 431.107 6,680 92,965 Jl,44? 6. Net Intomlhg R•s¢ur¢¢sforthe Ye•r Th1515 slated alter ¢har&ln8'. 2024 2023 Depre¢laiion Audltors, remunerativn.. 2.W6 2A?8 audlt 7,100 7. Stafl Costs and Numbers staff costs were as lollow5: 1024 2023 Salarfes ttnd wages Soclal 5ecurllycosi$ Penslon costs 304,856 21.077 12.477 308,697 19.271 13.018 338,410 340.986 Noe of the trustees recelved any remunerationor refjmbursement of expenses durlng the ftnanclal year. No employee earned rnore ihan g60,QCAJ durln8 the year12023-241, or ihe prewous year12022-231. It 15 the pollcyof the Charlty fo ieimburse in full •ll expenses properly kn(Ued bylts volunteeis in wnneclion with ils tharllable aclivlliés. The Iharily operates a deflned contribution pension scheme for al staff and the contribution5 charEed to the SOFA for ihi5 scheme lor tlie year totalltd É12,47712022123.. £13,018). At the balance sheÈi dalè there wereoutstandlngconlrlbutlonsol Én12022123.. Énill. The average number ol *m0vee& durin8the year was as 10ll(w& 2024 2023 No. 14 FundiaislnBIAdmlnistrèiFOn 13 The èvera8e lull time equivalent nvmber of employees durlnKtheyearwas a5 follows- 2024 2013 Fundiaisln81Administralio io & Taxailon The Charity15 exempt from corporation tax a5 all its intornÈ Is tharitable and Is applled forcharltable purposes. 17
SALISBURYHOSPICE C+IARITY LIMITED Icornpany number0652S1701 Noies io the Flttanckl Ststements For the yearended 31 Marth 2024 9. Tan8lble Flxed Assets Olh"ce equlpment Compuier equIpent Totol Cost At l Aprll 2023 Addltlons Disposals At 31 March 2024 24,423 3.944 16.033 899 40.456 4,843 28,367 16,932 45,299 DÈpreoailo At l Aprll 2023 Ch3rge for the year Ellilllnated on dlsposals At 31 hA3rch 2024 23,930 1.352 14.879 1.454 38.809 2,806 25,282 16.332 41.615 Net book value At 31 March 2024 3,085 $99 3,684 At 31 March 2023 493 1,154 1,647 10. FIMed Asset Investments Total Valuèllon at l Aprll 2023 Addltlons Dlsposals Aevaluatlons 2.380.231 10.714 155,976 ValuJ¢ion as ai 31 M•rth 2024 2.546.921 11. Stock 2024 Z023 stgrk lor resale l.S71 1,234 12. Debto 2024 20Z3 Other debrors Prepayment5 and accrued Income 5S.104 29.365 6.288 31,475 58,364 35,455 1,665 31,475 ie8acles 123,232 126,959 13. Credltor5: amount5 due wlthlii one year 2024 2023 Tiade crediloTS PAYE and National IDsvranie oiher credliors Pension contibutions pald over aftei 31 March Attruals èi)d delerred Intome 38.073 6,203 10.758 65,625 37,053 103.698 54,014 14. OperJtlnB Lease Commltment5 A5 at 31 March the Chèrlly had total future mknhNm lease payments tsnder n(KarKell4ble Operati leasesa5 follows.. Eqbipment 2024 2023 Le55 than l year 3.158 3,158 2,985 2,985 15. Unrestrlcted Funds Th15 represents funds whlch have been gIn thÈgeneral purwse501thp Hosptce. 18
5AUSBURY HOSPICE CHARITY LIMITED (Cornpany ¥e[06$2$170l Ilotes to the Flnanclal StatÈMÈiits For the yearended 31 Narth 2024 16. Desie#ated Ftsnds 8nte at 01.04.23 150.TrJO 86.ONI Incom Ouie¢Mng resouices Balance at 31.03.24 7A,??I 70,323 89,000 82.200 I,IrAJ 83,4(Kl 12.9thJ resources Transfers In/lDkntl Systm One Edtstatlon Post H05pice at Horne BÈrÈÈvÈment Supptsrt Lone Wtrker Dévlcts PGSC CuddlÈbed 71.229 15.677 89.fxKJ 82,200 i.ioo 83.4Th) 12,900 Total 236,000 268.600 417.694 Puiposts of d$liated I)d$ Systm One Palllatlve Caie Module lor IDte6rated End ol Ufecaie, is lo repkce thecurieThi ePAL i.r. sysrem us¢d by Ihe hosplee. ThTrusieos have ¢ommltted to fund Pt0 ÉISD,QOO ovtr a thTÉÈ yÈar ter to indude set-up and tralnln8COSIs. aswell asthe Inltial running costs. Educatlan Post= The Trusieés havè commllted to fund the salaiy costofa new'EdwtSonal Post'¥Aihln IhÈhi)spi¢e. The agreement Is lo fund the salary ¢051 on 4 monihly ba515 for on Initlal perlod 0118 months up lo £86.000. H&$plre at Home.. The Trustees have committed to fund a Shortfall in fundln8 for ihe Hospi¢e a¢ Home servl¢e, to ¢ovtr sèlary c05ls Upto £91 desl8natÈd funds tover5n8 the 5hortlallalterrestrkled lunds used. BereavÉme#t Supptsrt.. The Trustees have cornrnitied to fund the salarycost of a new'8ereaveThent Support P05l' wiihln the h05plce. The 38reement 1$ 10 fund Ihe salary ¢05t on a monthly basis for a perlod of 24 months up to £ICQ.0. Oesl8nated lumds £ovtrlnB the shortl311 after restrlcted funds used. Lone Worker Oe¥lces.' TheTruslees havo £ornmltted to bjnd the puichase lone W¢rkerf safety dete$ foTStaff who make vlslts outslde tlie hospicelhospital. The cost ol up to £3,2(YJ, wlth the SrIf011 coveied by d$ated funds aftEr ie51ricted funds used. PGSC.. The Trus¢ees have commllted to lund the refurblshmeThVdevelopmefit DfthEPeivGlllam Supportcentre, vAth a total proled cost of up to £240,0. Oe516nated lund5 wlll cover the shortf311 aft• restrlcted funds have beeth used. The PGSC provldè5 a5ewlce lor patients ofthe hospice who are not currently lo tlie hospice. The alm ol the centre Is lo build confidetbce. eiiableand ernpower people to live a5 well as they can wlth thelr Illnes$. Cuddl•b•d .. ThtTrustees have commhted to fund the purchase of a lurther'cuddlebed. lor thè h05plo. Thec05t of vp to E15,000, wlth the shortfall covered by de51Bnated lunds alter re5trkted IMds used. 17, Restrltted Funds 8alante at 01.04.23 lllcornlr reyJurce5 (Jt£oln8 resources Balan¢e at 31.03.24 Transfers Inll(AJtl Chlldren'$ 8erea¥ernent Fund sièll Fnd Cuddlebed PGSC Fund Equlpmeni Fund Tralning and Oevelopmentor nuising 51aff ar the hospke Hosplce at Home Fund HospSce Garden Fund HosplceTreatment Rcom Fund 18,848 3,160 1.023 2,210 17.825 950 2.105 152.745 9.132 2,105 61J 5,520 156.(K)I 4,424 3.856 812 6,675 86.037 2,315 28.887 3.201 84.092 163 28,887 3.474 5.115 2,152 3.170 306.347 11.395 124,244 193,498 Anolysjs olmovements b) RestrkfedFrNKts-prevJou5 yeor 8alance ai 01.01.22 IntoM% resourtes 0E0@ 8èlance at 31.03.23 rÈsource5 Transfers InAoutl Children'5 8ere?vemenl Fund Stall Fund PGSC Fund Equipment Fund Tralnlngand Oevelopmenr ol nursing staff at the h05plce H05pke at Horne Fund Hosplce Garden Fund Hospice Treatment Room fund 18.847 3,235 Is6,1 5.784 18,847 3.160 156,001 4.425 150 225 1.359 6.675 1fi717 3,236 56.012 6,675 86,037 3.315 28,887 40.258 938 921 27.125 296.507 40.408 30568 306,347 19
SAU5BURY H05PICEOIARfTY LIMITED (Company n¥mber065251701 Notes totheFinanclal Statements Forthe year 31 Marth 2024 17. Re5trlcted Fuhds ltooilnuedl Purposes of rostrlcted lunds Chlldren's Bereavement Fund The charl1vre1Ves lund5 for the purpose ol IreallnEthld berea4rrnt k%utes. Staff Fund Th@ charltyliolds a smoll amount olfund5 pro¥idedas gfjlts to the Hospice for5taff on ihelr behalf unill the funds are requlied. PGSC Fun ThÈ tharilv receive5 fvnd5 for the bendi of the Peier Gllam Support CeniTe.The irusteesarelooking at ¥irltyJs ways Io u5p Ihe restilited donated funds for the PGSC, these lunds Include a significant legacv. Equlpment Fund The rhai5ty rocelves IndS to purd135e S11C cesolequlpment Tialhln8 and Development lor Nur¥ln8 Staff Fuhd Tht charliyrecelves lunds forlhe ed¥¢otloD, Irak)In8 and develcyment ol 5tsff. Hosplee at Home The charity recefves lundsfoi the benefit ofthe Hosplce at Home seThlte. Hosplce Garden FunJ The £harity iecelves lut)ds lor the maintenance of the Hospl¢ègarden. HosplceTreatment Hoom Fund The rharlly rÈcelves funds io purchasè 5p¢Elfl¢equlpm¢ftL 18. Analy515 of Net Asstts b¢tw¢en Funds Unrestrkted De51inated RtrIde1 Total Flxed a55et$ Net current as5et$ 2.$50,CQ5 873,381 2,550,605 1484,S73 417,694 193 498 Net assets al the end of Ihe year 3.423.986 417,694 193,498 4,035,178 19. Related Part¥TrattsactJons Durlng the yeaF, Salisbury Hgsplce Charliy Ltd donated £1.384.tr32 12023: É1,33S,4171 to Sa115bury NHS Foundatian Trtrst. At the balance sheet date Sa115bvry Ho5PlCt Charlty Umlied owed Sallsbury NHS Foundation TIu51 £26.68$.l2022llj.. ÉNIII. OurlnE the year l•lat pariy donatlon5and Rllts kn klnd toi¥lled E7.CO) 12022123: £15fA)I. 20
SALISBURY HOSPICE CHARITY LIMITED (Company number 06525170} Notes to the Finantlal Statèments For the yèar ended 31 March 2024 20. Statement of flnanclal 3ctivitles- comparative balances as at 31 March 2023 2023 Total Unrestricted DeslEnated Restricted Income and Endowments from". Donatlons and legacles Donations Legacie5 534,995 330.513 38,580 573,575 330,513 Other tradlng activities Fundraisln£ Trading act(v(tles 496,050 21,645 1.828 497,878 21,645 Investment 115,001 iis,ooi other TOTAL INCOME AND ENDOWMENTS 1.498.204 40,408 1,538,612 Expenditure on: Ralslng funds Fundralslng Trading expenses Investment M3na8ement costs 428.129 7,390 5.678 428,129 7,390 5,678 Charltable actlvltles Grant for Ho5plce costs Admlni5tration costs 1,366,273 91,71M 30.569 1,396,842 91,704 TOTAL EXPENOITURE 1,899,174 30.569 1,929,743 NET INCQMEIIEXPENDITUREI FOR THE YEAR BEFORE GAINS AND LOSSESON INVESTMENTS 1400,9701 9,839 1391,1311 Net gBinlllossesl on Investment5 Realised Unrealised 1209,5681 209.5681 1209,5681 1209,5681 NÉT INCOMEIIEXPENDITUREI 1610,5381 9.839 1600,6991 TRANSFER BETWEEN FUNDS I236,10? 236,000 NET MOVEMENTIN FUNDS 1846.5381 236.(KKI 9,839 1600,6991 RECONCILIATION OF FUND5 Total f4Jnd5 brought forward at l April 2022 3,440,262 296,506 3,736.768 Total funds carried forward as at 31 March 2023 2.593.724 236,IX#) 306,345 3,136,069 21
Blank Page