2023-03-31-accounts - Bury Hospice

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Reference and Administrative Details	Reference and Administrative Details		2to 3
Trustees' Report and Annual Strategic Review			4to 16
Statement of	Trustees' Responsibilities		16-17
Independent	Auditors' Report		18-21
Consolidated	Statement of Financial	Activities	22
Statement of	Financial Activities - Charity		23
Consolidated	Balance Sheet		24
Balance Sheet —Charity
Consolidated	Statement ofCash Flows		26
Statement of	Cash Flows —Charity		27
Notes to the	Financial Statements		28-50

Trustees				C Claydon-Butler —Chair
				SPage (Deputy Chair July 2021)
				L Ali
				SAylett —25.01.23
				N Caffrey —from —01.03.23
				D Cassidy
				R Deakin
				PJ Horrocks
				Dr KJones —from —27.07.22
				D Lisle
				T Postlethwaite
				Resi&enations:
				Dr. G Rink —resigned —25.01.23
				N A Kershaw —resigned —27.02.23
				R M Robinson —resigned —01.03.23
				D M McNicoll —resigned —01.11.23
				J Hibbert —resigned —01.11.23
Secretary				H Lockwood
Senior Leadership		Team		H Lockwood —Chief Executive
				S Machin —Director of Clinical Services
				L Partridge —Director of income	Generation
				J Banks —Quality, Governance	8 Compliance Lead
				G Sutherland —Director of Finance
				Resi&enations:
				Nicola Cheetham —Head of Clinical Services - resigned —June
				2022
				Samantha Duncan —Head of Retail -		resigned —August 2022
				Neil Jones —Head of Finance -	resigned		—October 23
				Alison Holland —Head of Fundraising		-	resigned —April 2022
Principal	Office			Rochdale Old Road
				Bury
				Lancashire
				BL97RG
Company	Registration		Number	07299003
Charity Registration		Number		1136843
Bankers				The Royal Bank ofScotland			Barclays Bank
				131 Blackburn Street			1 Central Street
				Radcliffe		The Rock
				Manchester			Bury
				M26 9WQ			BL9OJN

			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
		Note			E
Income and Endowments		from:
Donations and legacies		2	1,312,853		1,312,853	1,120,972
Charitable activities		3	826,172	202,939	1,029,111	1,368,455
Other trading activities		4	1,582,940		1,582,940	1,586,935
Investment income		5	5,962		5,962	1,553
Other income retail	grants					26,668
Coronavirus job retention
scheme grant						7,326
Kickstart job retention
scheme						45,211
Total income			3,727,927	202,939	3,930,866	4,157,120
Expenditure on:
Raising funds			(1,251,511)		(1,251,511)	(1,125,733)
Charitable activities			2,126,644	419,412	2,546,056	2,263,716
Total expenditure			3,378,155	419,412	3,797,567	3,389,449
Net income/(expenditure)			349,772	(216,473)	133,299	767,672
Transfers between	funds		295,836	(295,836)
Other recognised	gains and losses
Other gains/(losses)		8	7,482		7,482	3,900
Net movement in funds			637,856	(512,039)	125,817	771,572
Reconciliation of	funds
Total funds brought	forward		5,954,272	542,039	6,496,321	5,724,741
Total funds carried	forward	21	6,592,128	30,000	6,622,128	6,496,321

			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
		Note	E	E
Income and Endowments		from:
Donations and legacies		2	1,287,176		1,287,176	1,113,990
Charitable activities		3	826,172	202,939	1,029,111	1,368,455
Other trading activities		4	1,390,961		1,390,961	1,380,982
Investment income		5	5,378		5,378	1,535
Other Income Retail Grants						26,668
Coronavirus job retention
scheme grant						6,573
Kickstart job retention
scheme						45,211
Total income			3,509,687	202,939	3,712,626	3,943,414
Expenditure on:
Raising funds			(1,035,365)		(1,035,365)	(925,593)
Charitable activities			2,126,913	419,412	2,546,056	2,260,556
Total expenditure			3,162,278	419,412	3,581,420	3,186,149
Net income/(expenditure)			347,409	(216,203)	131,206	757,265
Transfers between	funds		295,836	(295,836)
Other recognised	gains and losses
Other gains/(losses)		8	7,482		7,482	3,900
Net movement in funds			635,764	(512,039)	123,724	761,165
Reconciliation of	funds
Total funds brought	forward		5,851,474	542,039	6,393,513	5,632,348
Total funds carried	forward	21	6,487,238	30,000	6,517,238	6,393,513

					2023	2022
				Note
Fixed assets
Tangible assets				12	3,983,345	4,044,572
Intangible assets				13	8,818	11,021
Investments				14	10	10
					3,992,173	4,055,603
Current assets
Debtors				15	744,158	638,184
Investments				16	792,741	56,748
Cash at bank and	in hand				1,517,275	2,165,774
					3,054,174	2,860,706
Creditors: Amounts		falling due within one year		17	424,219	419,996
Net current assets					2,629,955	2,440,710
Total assets less	current		liabilities		6,622,128	6,496,313
Creditors: Amounts		falling due after more than one year
Net assets					6,622,128	6,496,313
Funds ofthe Charity:
Restricted income funds				21	30,000	542,039
Unrestricted income		funds
Unrestricted income funds				21	6,592,128	5,954,274
Total funds					6,622,128	6,496,313

					2023	2022
				Note
Fixed assets
Tangible assets				12	3,983,345	4,044,572
Intangible assets				13	8,818	11,021
Investments				14	12	12
					3,992,175	4,055,605
Current assets
Debtors				15	775,554	630,894
Investments				17	792,741	56,748
Cash at bank and	in hand				1,345,979	2,034,412
					2,914,275	2,722,054
Creditors: Amounts		falling due within one year		18	389,212	384,146
Net current assets					2,525,063	2,337,908
Total assets less	current		liabilities		6,517,238	6,393,513
Creditors: Amounts		falling due after more than one year
Net assets					6,517,238	6,393,513
Funds ofthe Charity:
Restricted income funds				21	30,000	542,039
Unrestricted income		funds
Unrestricted income funds				21	6,487,238	5,851,474
Total funds					6,517,238	6,393,513

				2023	2022
			Note
Cash flows from operating activities
Net cash income/(expenditure)				125,817	771,572
Adjustments to cash flows from non-cash		items
Depreciation and amortisation			10	77,941	142,506
Investment income				(5,962)	(1,553)
(Profit)/loss on disposal oftangible fixed asset				207
(Gain)/loss on investments				7,275	4,185
				205,278	908,340
Working capital adjustments
Increase/(decrease) in debtors			15	(105,987)	(350,388)
Increase/(decrease) in creditors			17	4,233	100,221
Net cash flows from operating	activities			103,524	658,173
Cash flows from investing activities
Investment income				5,962	1,553
Movement on Investments				(743,269)
Purchase oftangible fixed assets			12	14,718	35,986
Net cash flows from investing	activities			752,025	34,435
Net decrease in cash and cash equivalents				(648,501)	623,740
Cash and cash equivalents at	1 April 2022			2,165,776	1,542,036
Cash and cash equivalents at	31 March 2023			1,517,275	2,165,776

				2023	2022
			Note
Cash flows from operating activities
Net cash income/(expenditure)				123,724	761,165
Adjustments to cash flows from non-cash		items
Depreciation and amortisation			10	77,941	142,505
Investment income			5	(5,378)	(1,535)
(Profit)/loss on disposal oftangible fixed asset			10	207
(Gain)/loss on investments				7,275	4,185
				203,769	897,952
Working capital adjustments
(Increase)/decrease in debtors			15	(144,660)	(326,872)
Increase/(decrease) in creditors			17	5,066	102,469
Net cash flows from operating	activities			64,175	673,547
Cash flows from investing activities
Investment income				5,378	1,535
Movement on Investments				(743,269)
Purchase oftangible fixed assets			12	14,718	35,986
Net cash flows from investing	activities			752,609	34,451
Net increase/(decrease) in cash and cash equivalents				(688,433)	639,096
Cash and cash equivalents at	1 April 2022			2,034,412	1,395,316
Cash and cash equivalents at	31 March 2023			1,345,979	2,034,412

	Unrestricted	Total	Total
	funds	2023	2022
Charity
Donations	432,018	432,018	454,887
Legacies	829,013	829,013	628,271
Gift aid reclaimed	26,144	26,144	30,832
	1,287,176	1,287,176	1,113,990

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2023	2022
Consolidated
Contracted income Bury CCG			699,336		699,336	460,860
Other income	Northern	Care Alliance		202,939	202,939	250,000
Grant income	NHSE		58,997		58,997	224,945
Out ofarea patient contributions			15,750		15,750	12,600
Other Grants			52,089		52,089	420,050
			826,172	202,939	1,029,111	1,368,455
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
					E
Consolidated	—Prior	Year
Contracted income Bury CCG			460,860		460,860	466,357
Other income	Northern	Care Alliance		250,000	250,000	13,965
Grant income	NHSE			224,945	224,945	544,217
Out ofarea patient contributions			12,600		12,600	23,060
Other Grants			131,677	288,373	420,050	176,685
			605,137	763,318	1,368,455	1,224,284
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2023	2022
Charity
Contracted income Bury CCG			699,336		699,336	460,860
Other income	Northern	Care Alliance		202,939	202,939	250,000
Grant income	NHSE		58,997		58,997	202,013
Out ofarea patient contributions			15,750		15,750	12,600
Other Grants			52,089		52,089	420,050
			826,172	202,939	1,029,111	1,368,455

4 Inco	me from other trading activi	ties
		Unrestricted	Total	Total
		funds	2023	2022
Consolidated
Charity	retailing	955,053	955,053	829,320
Lottery	income	391,979	391,979	381,375
Other events income		208,164	208,164	360,186
Catering		9,729	9,729	6,329
Rental of rooms		18,015	18,015	9,725
		1,582,940	1,582,940	1,586,935

Charity				Unrestricted	Total	Total
				funds	2023	2022
					E
Charity	retailing			955,053	955,053	829,320
Other events income				208,164	208,164	360,186
Donation		from Bury Hospice Trading	Ltd	200,000	200,000	175,421
Catering				9,729	9,729	6,329
Rental of		rooms		18,015	18,015	9,725
				1,390,961	1,390,961	1,380,982

5 Investment i	ncome
		Unrestricted	Total	Total
		funds	2023	2022
Consolidated
Other investment	income	5,962	5,962	1,553
		Unrestricted	Total	Total
		funds	2022	2021
Charity
Other investment	income	5,378	5,378	1,535

6 Costs ofraising funds	6 Costs ofraising funds
Consolidated			Unrestricted	funds
Activities undertaken		Fundraising	Fundraising	Total	Total
directly		cost - retail	cost - general	2023	2022
			E
Fundraising	trading		22,844	22,844	25,168
Costs ofgoods sold		3,136	78,076	81,212	138,952
Depreciation		10,477	2,204	12,681	15,615
Other costs		256,522	98,557	355,079	260,445
Staff costs		476,042	303,653	779,695	684,799
		746,177	505,334	1,251,511	1,124,979
Charity			Unrestricted	funds
Activities undertaken		Fundraising	Fundraising	Total	Total
directly		cost - retail	cost - general	2023	2022
				E
Fundraising	trading		22,844	22,844	25,168
Costs ofgoods sold		3,136		3,136	12,977
Depreciation		10,477	2,204	12,681	15,615
Other costs		256,522	14,232	270,754	236,730
Staff costs		476,042	249,907	725,949	635,101
		746,177	289,187	1,035,365	925,593

Consolidated			Unrestricted funds	Restricted funds	Total	Total
Activities undertaken			Main Hospice	Main Hospice	2023	2022
directly			Activities	Activities
Employment	costs		1,689,275	404,280	2,093,555	1,702,003
Other costs			314,643	14,862	329,505	418,500
Depreciation			65,260		65,260	126,891
Governance	costs:
Other governance		costs	55,409		55,409	5,047
Audit fees: audit ofthe			2000		2000	10,657
financial statements
Legal fees			326		326	618
			2,126,913	419,142	2,546,056	2,263,716
Charity			Unrestricted funds	Restricted funds	Total	Total
Activities undertaken			Main Hospice	Main Hospice	2023	2022
directly			Activities	Activities
Employment	costs		1,689,275	404,280	2,093,555	1,702,003
Other Costs			314,643	14,862	329,505	418,500
Depreciation			65,260		65,260	126,891
Governance	costs:
Other governance		costs	55,409		55,409	5,047
Audit fees: audit ofthe			2,000		2,000	7,497
financial statements
Legal fees			326		326	618
			2,126,913	419,142	2,546,056	2,260,556

Consolidated	Consolidated				Unrestricted	Total	Total
					funds	2023	2022
						E
Gain/(Loss)	on	revaluation	of investment	assets	(7,482)	(7,482)	3,900
Consolidated		—Prior Year			Unrestricted	Total	Total
					funds	2022	2021
Gain/(Loss)	on	revaluation	of investment	assets	3,900	3,900	7,898

				Consolidated	Consolidated	Charity
				2023	2022	2023	2022
				E
Staff pension		contributions		151,788	134,341	149,368	132,225
Payments	under operating		leases:
- land and	buildings			103,557	62,630	103,557	62,630
- plant and equipment				1,664	8291	1,664	8,291
(Profit)/Loss		on disposal of	fixed assets	207		207
Depreciation				77,941	140,302	77,941	140,302
Auditors'	remuneration
- audit of	the	financial statements		4,532	10,657	2000	7,497

he aggregate payroll costs were a	s follows:	s follows:
	Consolidated		Charity
	2023	2022	2023		2022
Wages and salaries	2,513,731	2,020,242	2,467,165	1,976,239
Social security costs	217,887	170,382	213,775		166,803
Pension costs	151,788	134,341	149,368		132,225
	2,883,406	2,324,965	2,830,308	2,275,267

		Consolidated	Consolidated
		2023		2022
	Staff	FTE	Staff		FTE
	No	No	No		No
Clinical and support staff		38	33	36		26
Fundraising		36	27	45		38
Administration		17	16
		91	76	85		67

12Tangible fixed assets
		Leasehold	Furniture	Plant and
	Freehold Land	land and	and	machinery
	and buildings	buildings	equipment	(incl vehicles)	Total
Consolidated	E
Cost
At 1 April 2022	4,803,901	148,310	190,335	165,796	5,308,342
Additions			3,770	10,948	14,718
Disposals		12,950	1,850	41,580	56,380
At 31 March 2023	4,803,901	135,361	192,255	135,163	5,266,680
Depreciation
At 1 April 2022	869,554	88,308	173,932	131,977	1,263,770
Charge for the year	38,591	9,972	14,150	13,023	75,736
Eliminated on disposal		12,950	1,850	41,373	56,173
At 31 March 2023	908,144	85,329	186,232	103,630	1,283,335
Net book value
At 31 March 2022	3,934,347	60,002	16,403	33,819	4,044,572
At 31 March 2023	3,895,757	50,032	6,023	31,533	3,983,345

							Plant	and
	Freehold	Land	Leasehold	land	Furniture	and	machinery
	and buildings		and buildings		equipment		(incl vehicles)		Total
Charity	E		E		E		E		E
Cost
At 1 April 2022	4,803,901		148,310		188,485		165,796		5,306,492
Additions						3,770		10,948	14,718
Disposals				12,950		1,850		41,580	56,380
At 31 March 2023	4,803,901		135,361		192,255		135,163		5,266,680
Depreciation
At 1 April 2022		869,554		88,307	172,082		131,977		1,261,920
Charge for the year		38,591		9,972		14,150		13,023	75,736
Eliminated on disposal				12,950		1,850		41,373	56,173
At 31 March 2023		908,144		85,329	186,232		103,630		1,283,335
Net book value
At 31 March 2022	3,934,347			60,002		16,403		33,819	4,044,572
At 31 March 2023	3,895,757			50,032		6,023		31,533	3,983,345

13Intangible fixed asset	s
Consolidated	Software	Total
		E
Cost
At 1 April 2022	47,146	47,146
Additions
Disposals	16,103	16,103
At 31 March 2023	31,043	31,043
Depreciation
At 1 April 2022	36,215	36,125
Charge for the year	2,204	2,204
Eliminated on disposal	16,003	16,003
At 31 March 2023	22,226	22,226
Net book value
At 31 March 2022	11,021	11,021
At 31 March 2023	8,818	8,818

Charity	Software	Total
Cost
At 1 April 2022	31,043	31,043
Additions
Disposals
At 31 March 2023
Depreciation
At 1 April 2022	20,022	20,022
Charge for the year	2,204	2,204
Eliminated on disposal
At 31 March 2023	22,226	22,226
Net book value
At 31 March 2022	11,021	11,021
At 31 March 2023	8,818	8,818

4 Fixed asset investments
	Consolidated				Charity
	2023	2022		2023		2022
		f
Market value at 1"April 2022		10	10		12		12
Market value at 31st March 2023		10	10		12		12
Historical cost at 31st March 2023		10	10		12		12

nd the results for the year	are as follows:
		Bury Hospice Trading		Limited
		2023	2022
Profit and Loss
Turnover		417,656		388,357
Cost ofsales and other direct costs		(80,290)		(125,975)
Administrative expenses		(135,856)		(77,326)
Coronavirus job retention	scheme grant			753
Interest received			584	18
Profit/(Loss) before tax		202,094		185,827
Balance Sheet
Current assets			202,037	166,411
Current liabilities			97,144	63,610
Net assets/(liabilities)			104,892	102,801
Ordinary E1 shares
Profit and loss account			104,890	102,799
Net assets/(liabilities)			104,892	102,801

15Debtors
	Consolidated		Charity
	2023	2022	2023	2022
Trade debtors	367,112	281,423	367,112	281,423
Due from group undertakings			62,123	27,759
Other debtors 8 prepayments	83,260	85,947	52,534	50,899
Accrued income	293,786	270,814	293,786	270,814
	744,158	638,184	775,554	630,895

			Consolidated		Charity
			2023	2022	2023	2022
				E
Listed	other	shares	792,741	56,748	792,741	56,748

17Creditors: amounts falling du	e within one year
	Consolidated		Charity
	2023	2022	2023	2022
		E
Trade creditors	69,597	75,801	68,276	74,411
Other creditors	264,528	209,744	233,527	178,326
Accruais	90,094	134,451	87,409	131,411
	424,219	419,996	389,212	384,146

The future	minimum le	ase payments under no	n-cancellable operatin	g leases a	s set ou	t below	:
			Consolidated			Charity
			2023	2022	2023		2022
			E
Land and	buildin s:
Amounts	due within one year		91,583	33,750	91,583		33,750
Amounts	due between	two to five years	176,333	87,000	176,333		87,000
Amounts	due after five	years
Other:
Amounts	due within one year		6,852	6,308	6,852		6,308
Amounts	due between	two to five years	8,383	14,561	8,383		14,561
Amounts	due after five	years

21 Funds
						Balance
	Balance at			Other		at 31
	1 April	Incoming	Resources	recognised	Transfers	March
	2022	resources	expended	gains/(losses		2023
Consolidated
Unrestricted funds
Unrestricted designated
funds
Continuity Fund	1,898,681	3,723,209	(3,300,484)	(7,275)	285,836	2,599,966
Fixed Asset Fund	4,055,593	4,718	77,941	207	10,000	3,992,162
	5,954,272	3,727,927	3,378,425	7,482	295,836	6,592,128
Restricted funds
Tests ofchange	498,373		(276,984)		(221,389)
Drug Room	10,000				(10,000)
Palliative Care Education
Passport	30,000					30,000
Virtual Hospice		202,939	(138,492)		(64,447)
National Lottery
Hospice gardens	3,666		3,666
Total restricted funds	542,039	202,939	419,142		295,836	30,000
Total funds	6,496,321	3,930,866	3,797,567	7,482		6,622,128

21 Funds
					Other		Balance
		Balance at			recognised		at 31
		1 April	Incoming	Resources	gains/(losses	Transfers	March
		2021	resources	expended	)		2022
Consolidated —Prior year
Unrestricted funds
Unrestricted designated
funds
Continuity Fund		1,536,078	3,393,049	(3,151,804)	3,900	117,468 1,898,681
Fixed Asset Fund		4,173,061				117,468	4,055,593
		5,709,129	3,393,049	3,151,804	3,900		- 5,954,274
Restricted funds
Tests ofchange			498,373				498,373
Drug Room			10,000				10,000
Palliative Care Education
Passport			30,000				30,000
NHSE Emergency	Funding		224,945	(224,945)
National Lottery		11,946		(11,946)
Hospice gardens		3,666					3,666
Total restricted funds		15,612	763,318	236,891			542,039
Total funds		5,724,751	4,156,367	3,388,695	3,900		- 6,496,323

					Other	Transfers	Balance
		Balance			recognised	f.	at 31
		at 1 April	Incoming	Resources	gains/(losses		March
		2022	resources	expended	)		2023
Charity		E		E	E
Unrestricted funds
Unrestricted designated
funds
Continuity Fund		1,795,881	3,504,969	(3,084,338)	(7,275)	285,836	2,495,075
Fixed Asset Fund		4,055,593	4,718	77,940	207	10,000	3,992,163
		5,851,474	3,509,687	3,162,278	7,454	295,836	6,487,238
Tests ofchange		498,373		(276,984)		(221,389)
Drug Room		10,000				(10,000)
Palliative Care Education
Passport		30,000					30,000
Virtual Hospice			202,929	(138,492)		(64,447)
National Lottery
Hospice gardens		3,666		3,666
Total restricted funds		542,039	202,939	419,142		295,836	30,000
Total funds		6,393,513	3,712,616	3,581,420	7,454	-	6,517,238
					Other	Transfers	Balance
		Balance			recognised	R	at 31
		at 1 April	Incoming	Resources	gains/(losses		March
		2021	resources	expended	)		2022
Charity —Prior year
Unrestricted funds
Unrestricted designated
funds
Continuity Fund		1,454,623	3,180,096	(2,949,258)	3,900	106,520	1,795,881
Fixed Asset Fund		4,162,113				106,520	4,055,593
		5,616,736	3,180,096	2,949,258	3,900	-	5,851,474
Tests ofchange			498,373				498,373
Drug Room			10,000				10,000
Palliative Care Education
Passport			30,000				30,000
NHSE Emergency	Funding		224,945	(224,945)
National Lottery		11,946		(11,946)
Hospice gardens		3,666					3,666
Total restricted funds		15,612	763,318	236,891			542,039
Total funds		5,632,348	3,943,414	3,186,149	3,900	-	6,393,513

22 Analysis of net assets between f	unds
	Designated	Restricted
	funds	funds	Total funds
Consolidated	E		E
Tangible fixed assets	3,983,346		3,983,346
Intangible fixed assets	8,817		8,817
Fixed asset investments	10		10
Current assets	3,024,174	30,000	3,054,174
Current liabilities	424,219		424,219
Total net assets	6,592,128	30,000	6,622,128
	Designated	Restricted
	funds	funds	Total funds
Charity	E		E
Tangible fixed assets	3,983,346		3,983,346
Intangible fixed assets	8,817		8,817
Fixed asset investments	12		10
Current assets	2,884,275	30,000	2,914,275
Current liabilities	389,212		389,212
Total net assets	6,487,238	30,000	6,517,238

			2023	2022 E
Aggregate capital and	reserves	(funds)
Bury Hospice Trading	Limited
Surplus for the year
Bury Hospice Trading	Limited		202 094	185827