2021-06-30-accounts - Sidmouth Hospice at Home

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				Pages
Trustees' annual report				Stoa
Independent	auditor's	report to	the members	10to 13
Statement of	financial	activities		14
Statement of	financial	position		15
Statement of	cashflows			16
Notes to the financial		statements		17to 26
The following	pages	do not form part ofthe financial statements
Detailed statement of		financial	activities	28to 29

					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	6	6	6	6
Income and endowments
Donations and legacies			4	527,331		527,331	137,590
Investment income			5	69,411	2	69,413	81,434
Total income				596,742	2	596,744	219,024
Expenditure
Expenditure on raising funds:
Investment management		costs	6	20,303		20,303	13,647
Expenditure on charitable	activities		7,8	490,015	5,078	495,093	494,314
Total expenditure				510,318	5,078	515,396	507,961
Net gains/(losses) on investments			9	239,424		239,424	(150,650)
Net income/(expenditure)	and net
movement in funds				325,848	(5,076)	320,772	(439,587)
Reconciliation offunds
Total funds brought forward				3,669,324	20,254	3,689,578	4,129,165
Total funds carried forward				3,995,172	15,178	4,010,350	3,689,578

			2021	2020
Cash flows from operating	activities
Net income/(expenditure)			320,772	(439,587)
Adjustments for:
Depreciation oftangible fixed assets			17,669	17,802
Net gains/(losses) on investments			(239,424)	150,850
Dividends, interest and rents from investments			(69,399)	(80,873)
Other interest receivable and similar income			(14)	(561)
Interest payable and similar	charges		263	180
Accrued income			(302)	(127)
Changes in:
Trade and other debtors			(167,470)	(70,191)
Trade and other creditors			32,65&	(39,048)
Cash generated from operations			(105,247)	(451,955)
Interest paid			(263)	(180)
Interest received			14	561
Net cash used in operating	activities		(105,496)	(461,574)
Cash ftowsgrom investing	activities
Dividends, lite)rest and rents from investments			69,399	80,873
Purchase of'-ijrigible assets			(3,339)	(12,841)
Purchases pother investments Proceeds from sale of other investments			(793,020) 931,741	(805,597) 726,888
Net cash from investing activities			204,781	189,523
Net increase/(decrease) in	cash and cash	equivalents	99,2&5	(272,051)
Cash and cash equivalents	at beginning	ofyear	37&,657	650,708
Cash and cash equivalents	at end ofyear		477,942	378,857

discounted present value basis. The period in which it arises. Donations and legacies	unwinding ofthe discount is recog	nised as an	expense in the
2021	Unrestricted	Restricted	Total Funds
	Funds	Funds f	2021 8
Donations
Donations	36,155		36,155
Gift aid income	905		905
Legacies
Legacies	478,887		478,887
Grants
Grants receivable	11,384		11,384
	527,331		527,331
2020	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	6		8
Donations
Donations	49,558	5,901	55,459
Gift aid income	3,924		3,924
Legacies
Legacies	77,362		77,362
Grants
Grants receivable
	131,689	5,901	137,590

Investment		income
2021						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						F	8	8
Income from		listed investments				69,397	2	69,399
Bank interest		receivable				14		14
						69,411		69,413
2020						Unrestricted	Restricted	Total Funds
						Funds	Funds f	2020
Income from		listed investments				80,851	22	80,873
Bank interest		receivable				561		561
						81,412	22	81,434
Investment		management		costs
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					8			8
Investment	management		fees	and
charges					20,303	20,303	13,647	13,647

Expend	iture on charitable act	ivities by fund type
		Unrestricted	Restricted	Total Funds
		Funds f	Funds	2021
General	fund	445,898	5,000	450,898
Support	costs	44,117	78	44,195
		490,015	5,078	495,093
		Unrestricted	Restricted	Total Funds
		Funds F	Funds F	2020 f
General	fund	462,134		462,134
Supportcosts		32,120	60	32,180
		494,254	60	494,314

Expend	iture	on charitable	activities by activity	type
			Activities
			undertaken		Total funds	Total fund
			directly f	Support costs	2021 8	2020 F
General	fund		450,898		450,898	462,134
Governance		costs		44,195	44,195	32,180
			450,898	44,195	495,093	494,314

9.	Net gains	/(l	osses) on investments
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
				6	6		8
	Gains/(losses)		on listed investments	239,424	239,424	(150,650)	(150,650)
10.	Auditors	remuneration
						2021	2020
	Fees payable		for the audit ofthe financial	statements		2,994	2,910

			2021	2020
Wages and salaries			121,377	119,011
Social security costs			6,560	7,287
Employer contributions	to pension	plans	2,596	2,408
			130,533	128,706

full-time eq	uiv	alent employees during the year	is analysed as follows:
			2021	2020
			No.	No.
Managerial	staff		2	2
Administrative		staff	5	4
			7	6

13. Tangible fixed a	ssets
				Land and
				buildings
				8
Cost
At 1 July 2020				880,032
Additions				3,339
At 30June 2021				883,371
Depreciation
At1 July2020				46,773
Charge for the year				17,669
At 30June 2021				64,442
Carrying amount
At 30June 2021				818,929
At 30June 2020				833,259
14. Investments
				Listed
				investments
~,- -- Valuation
At 1 July 2020				2,448,295
Additions				793,020
Disposals				(931,741)
Other movements				239,424
At 30June 2021				2,548,998
Carrying amount
At 30June 2021				2,548,998
At 30June 2020				2,448,295
The above canying	amounts	are recognised as follows:
			2021 8	2020 f
Held at fair value			2,548,998	2,448,295
Held at historical cost less impairment			2,199,176	2,307,232

Debtors
			2021 f	2020
Trade debtors			247,000	80,957
Prepayments	and accrued income		4,529	3,985
Other debtors			13,626	12,441
			265,155	97,383
Creditors: amounts		falling due within one year
			2021	2020
			8
Trade creditors			4,827	2,195
Accruals and deferred		income	6,840	6,645
Other creditors			89,007	59,176
			100,674	68,016

Analysis of	Analysis of	charit	able funds
Unrestricted		funds
2021			At				Gains and	At
			1 Jul 2020	Income	Expenditure	Transfers	losses 30Jun 2021
			F			E
General	funds		2,749,241	595,383	(491,906)	92,384	231,141	3,176,243
Griffith's	fund		86,824	1,359	(743)	(95,723)	8,283
Property	fund		833,259		(17,669)	3,339	—	818,929
			3,669,324	596,742	(510,318)	—	239,424	3,995,172
2020			At				Gains and	At
			1 Jul 2019 6	Income 6	Expenditure E	Transfers	losses 30Jun 2020 f
General	funds		3,185,584	211,080	(489,854)	(11,740)	(145,829)	2,749,241
Griffith's	fund		90,069	2,021	(445)		(4,821)	86,824
Property	fund		838,220		(17,602)	12,641	—	833,259
			4,113,873	213,101	(507,901)	901	(150,650)	3,669,324

Restricted funds	Restricted funds
2021		At				Gains and At
		1 Jul 2020 f	Income F	Expenditure	Transfers 6	losses 30Jun 2021
Meckifl	Education
fund		15,254	2	(78)		15,178
Hospice	at Home	5,000		(5,000)
		20,254	2	(5,078)		15,178
2020		At				Gains and At
		1 JUI 2019	Income	Expenditure	Transfers	losses 30Jun 2020
				6	F
Meckiff	Education
fund		15,292	22	(60)		15,254
Property	fund		901		(901)
Hospice	at Home		5,000			5,000
		15,292	5,923	(60)	(901)	20,254

Analysis of net	assets between fu	nds
2021		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			F	8
Tangible fixed assets		818,929		818,929
Investments		2,548,998		2,548,998
Current assets		727,919	15,178	743,097
Creditors less than	1 year	(100,674)		(100,674)
Net assets		3,995,172	15,178	4,010,350
2020		Unrestricted	Restricted	Total Funds
		Funds f	Funds F	2020 6
Tangible fixed assets		833,259		833,259
Investments		2,448,295		2,448,295
Cunent assets		455,786	20,254	476,040
Creditors less than	1 year	(68,016)		(68,016)
Net assets		3,669,324	20,254	3,689,578

Anal	ysi	s of	cha	ng	es in net debt
							At		At
						1	Jul 2020 f	Cash flows k	30Jun 2021
Cash	at	bank	and	in	hand		378,657	99,285	477,942

				Year ended 30June	2021
					2021f	2020 F
Income
Donations and legacies
Donations					36,155	55,459
Gift aid income					905	3,924
Legacies					478,887	77,362
Grants receivable					11,384	845
					527,331	137,590
Investment income
Income from listed investments					69,399	80,873
Bank interest receivable					14	561
					69,413	81,434
Total income					596,744	219,024
Expenditure
Investment management				costs
Investment management			fees and charges		20,303	13,647
Expenditure on charitable				activities
Wages and salaries					96,427	102,895
Employer's national		insurance			3,846	5,542
Employer's pension		costs			1,983	2,016
Health and Wellbeing		Centre			10,582	6,827
Property costs					23,105	6,153
Insurance					5,139	4,138
Stationery, postage	and telephone				7,478	8,085
Office equipment					5,644	9,168
Depreciation on property					17,669	17,602
Nurses' salaries and		expenses			212,444	194,101
Medical equipment,	supplies			and treatment	34,215	65,123
Sidmouth Hospice at Home				support costs	12,007
Management fee					9,576	16,416
Profile raising events					2,923	1,656
Volunteer support scheme					6,358	14,323
Sundry expenses					1,502	6,088
					450,898	462,134

			2021	2020
			8	6
Governance costs
Salaries and wages			24,950	16,115
Employer's national	insurance		2,714	1,745
Employer's pension			613	392
Payroll fees			765	729
Accountancy fees Audit fees			3„780 2,994	3,672 2,910
Legal and professional fees Cost oftrustee's meetings			8,116	6,211 226
Bank charges			263	180
			44,195	32,180
Total expenditure			515,396	507,961
Net gains/(losses)		on investments
Gains/(losses) on listed investments			239,424	(150,650)
Net income/(expenditure)			320,772	(439,587)