OXFORD CENTRE FOR EDUCATION AND RESEARCH IN PALLIATIVE CARE:
SOBELL HOUSE
Charity Registration Number: 1172165
Company Registration Number: 10647198
Financial Statements
for the year ended
31st March 2024
Wenn Townsend
Chartered Aceountants
Oxford

Oxford Centre for Education and Research in Palliative Care: Sobell House
Contents
Page
Charity Reference and Administrative Details
Truslees. Annual Report (including Directors. Report)
Independent Auditor's Report
Statement of Financial Activities (including Income and Expenditure Account)
Balan￿ Sheet
10
Notes to the Financial Statements
11-20

Oxford Centre for Education and Research in Palliative Care: Sobell House
Reference and administrative details
Charity Registration Number:
1172165
Company Registration Number:
10647198
Ti'ustees:
T Harrison
J Holloran
E A Laurence (appointed 23 January 2024)
K Symons (appointed 31 March 2023)
S Yates
Registered Office:
30 St Giles
Oxford
OX13LE
Auditors:
Wenn Townsend
Chartered Accountants and Registered Auditors
30 St Giles
Oxford
OX13LE
Maln Bankers:
Barclays Bank plc
Oxford City Centre Branch
Oxford
OX13HB
Investment Managers:
Quilter Cheviot Limited
1 Kingsway
London
WC2B 6AN

Oxford Centre for Education and Research in Palliative Care: Sobell House
Trustees, Annual Report (including Directors, Report)
for the year ended 31st March 2024
The Trustees present their report and the audited financial sialements of the Oxford Centre for Education and
Research in Palliative Care (OXCERPC) charity for the year ended 31sl March 2024. The Trustees have
adopted the provisions of the Slatement of Recommended Practice (SORP) °Accounting and Reporting by
Charities" (FRS 1021 in preparing the annual repori and financial statements of the charity.
This report describes the seventh year of work by OXCERPC. OXCERPC charity started In April 2017, though
educalion and research have taken place in Sobell House for approximately 48 years.
Trustees of the Charity
The directors of the charitable company are its trustees for the purposes of charity law. The Trustees who
have served during the year and since the year end were as follows:
John Holloran (Chair of tho Board of Trustees)
Tim Harrison
Anne Laurence (Appoinled 23 January 2024)
Kay Symons (Appointed 31 March 2023)
Sharon Yates
Objectives
The aim of the Charity is to supporl patient care by developing and educaling health and social care staff to
deliver care of high quality. Research supports patient care by looking al evidence. posing questions and
seeking to find answers which will change praclice.
The Objects of the Charity for public benefit are:
To advance the education of the public in general (and particularly amongst those working in health and
social carel in all areas relating to palliative care andlor pain relief., andlor
To promote research for the public benefit in all aspects of palliative care andlor pain relief and to publish
the results as the Trustees think fit- andlor
To relieve the need andlor to relieve sickness and to preserve the health of the palients of Sobell House
in Oxfordshire, and in any other places as the Trustees from time to time decide, by any charitable means
as the Trustees from time to time decide.
The staff and Trustees are proud of meeting our objects this year as delivered through our educational and
research activities.
Activities
Educational work
Teaching was delivered to approximately 1400 people (202314 1500, 202112 - 1,220, 202011- 6001.
All courses delivered are evaluated lo assess impact. Most of the feedback remains excellent. Where
improvements are needed the team implemenl these. The team continues to gather as much feedback
as possible.
OXCERPC is an invited site for the annual Cicely Saunders intemalional lecture. This provides visibility at
an international level as well as an educational opportunily for staff in the palliative care department locally.
In 2023, Professor Chochinov spoke on "Intensive Caring.. Reminding Patients They Matter"
Kale Butcher continues as a member of the Oxford Centre for Spirituality and Wellbeing, highlighting the
work of OXCERPC to public, and enhancing the programme of education we offer.
Kate Butcher is a member of the Hospice UK Educator forum.
Dr Miller taught the medical students and doctors in training on 10 occasions in 202314.
Dr Miller is an elected memberof the Association of Palliative Medicine Education and Training Committee
and is lead of the Postgraduate Medical Education Special Interest Forum. This ensures OXCERPC is not
replicating courses provided by other palliative care providers.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Trustees, Annual Report (including Directors, Report)
for the year ended 31st March 2024 {continued)
Objectlves and activities for the public benefit {continued)
International work
Fei Yang, a medical sociology research student from China was supported by the department from
February 2023 lo January 2024.
OXCERPC hosted and supported the 1 Oth annual Conferen￿ of Palliative Care Works on 14th Oclober
2023, 'The changing landscape of worldwide palliative care education.. (Palliativecareworks.org- A
charity of experienced palliative care practitioners. managers and educators aiming to SLSPPOrt and
develop palliative care seNices in resource-limited settings. in collaboration with existing initiatives and
organisations).
Dr Miller worked with an English funder to support the development of palliative care in Kashmir
Valley.
Dr Miller was an invited speaker at the Marymount Hospice Intemational Conference 11112 October
2023.
OXCERPC inviled inlernalional speakers from Europe. USA and Australia. We continue to welcome
international delegates- 46 in 2023.4 (500/0 from New Zealand).
Research work
Research tneetings are well established and supported by OXCERPC. Two members of staff are
undertaking PhDs and several others engaged in smaller studies. The aim is lo raise interest in
research. help support staff acquire skills and support staff to bring work lo publication.
Dr MiSler continues as the regional representative of the Palliative Care Research Society
OXCERPC supporls the departmental medical joumal club. weekly lists of publications relevant to Ihe
field and other bullelins. These resources are available physiGally in OXCERPC and electronically.
OXCERPC contributed to the departmental research slrategy developed by Professor Wee
In 202314 4 posters were brought to national conference and abstracts published.
Organisational:
Kate Butcher continues to offer time to the NHS vaccination programme.
Public Benefit Statement
The Trustees have complied with their duty to have due regard to the guidance on public benefit published by
the Charity Commission in exercising Iheir powers and duties.
Financial Review
The number of delegates has retumed to pre pandemic levels. The income from educalional activity covered
expenditure. Advanced courses in pain and symptom management accounted for 600/0 {2023'. 590/0) of income
from the current course portfolio.
Our investment portfolio increased in value to £192,840 (2023: £171.813.) We have not drawn down on OLJr
investment portfolio in 2023-24. The performan￿ of our Inveslment Fund Manager, Quilter, showed a nel
capital gain (realised and unrealised) of £21,798 for the year (2023- loss £16,821). In the opinion of the
Trustees, our portfolio continues to oulperform the market.
Reserves Policy
Free reserves (or operating reserves) at the year-end were £369,884 (2023: £276.376).
The Operating Reserve is intended to provide an intemal source offunds for situations such as an unexpected
drop in income, increase in expenses. one-time unbudgeted expenses. or uninsured losses. The Trustees
have determined that the operating reserve will be equal to at least six months of average operating costs.
The operating reseNe requirement at 31 March 2024 is at least £124k.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Trustees. Annual Report (including Directors, Report)
for the year ended 3151 March 2024 (Gontinued)
Trustees are considering plans to spend reseNes to meet the chariiable objects.
Restricted Funds totalled £18,960 at the end of the year (2023: £45.751). OXCERPC has a budgeted spending
plan for 2024125 to support fund objectives.
Plans for Future Periods
Balan￿ our course offerwith face to face and virtual events.
Build capacity by developing a cohort of educators.
Continue to offer our established, successful courses and develop new courses. Develop and pilot
'Hard of hearing in palliative care, and 'Educator development. in 24125.
Market our courses to maintain a positive balance and enable development.
Maintain an active website and social media profile Ihal offers information and support to our
customers.
Deliver the planned course programme for 2024125.
Develop collaborations. Continue work with Dorothy House Hospice. Three masterclasses are planned
for 24.25, Republic of Ireland, Scotland and Dorothy House Hospice.
Continue to develop a research culture by helping staff develop posters and presentations at
Conferen￿$.
The plans aim to support the objects. providing highly effectNe educalion to support health and social care
staff in providing the best possible experien￿ for those who are at the end of their life. underpinned by a
sustainable business model.
Structure, Governance and Management
The Charitable Company is govemed by its Memorandum and Articles of Association which were adopted on
incorporation on 1st April 2017. 11 is registered as a Charity with the Charity Commission. The liabiliiy of
members in the event of a winding up is limited by guarantee to an amount not exceeding £1 per member. At
the balance sheet date there were 5 members.
The Board of Trustees. when complete, comprises a chairman and 3 - 5 other Trustees. The Trustees can
fill any casual vacancy in their number. Trustees are selected. as required, to fill particular skill requirements
on the Board of Trustees. Prospeclive Trustees are invited to make a series of introductory visits to the
Hospice, Sobell House Hospice Charity offices and OXCERPC prior to being formally elected as Tnjstees.
The Board of Trustees meets four times a year. All policy and stralegy decisions are fomially tabled for
approval at the Trustees, quarterly meetings. Decisions conceming the day to day running of the Charity are
delegated to the director (Dr Mary Miller 0.4 WTE) and the team {4 people- 3.0 WTE).
Key Management Personnel Remuneration
The Trustees consider the director and education lead as the key managemenl personnel of the Charity in
charge of direcling and controlling the Charity and running and operating the Charity on a day to day basis.
All Trustees give of their time freely and no Trustee remuneration was paid in the year. Details of Trustee
expenses and related party transactions are disdosed in note 6 to the accounts.
Trustees are required to disclose all relevant interests and in accordance with the Charity's policy withdraw
from decisions where a conflict of interest arises.
The pay of the employees is in line with their employerfs NHS temis and conditions. One employee is
employed by Katharine House Hospice Charity but seconded to OXCERPC. Thal employee's pay and
conditions are in line with those of Katharine House Hospice Charity.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Trustees. Annual Report (including Directors. Report)
for the year ended 31st March 2024 (Gontinued)
Risk management.
Delegates find it difficull to secure funding for education and arrange time to attend training. The causes are
multifactorial, cost of living crisis. NHS and hospice funding. industrial action and staff shortages across health
and social care.
Providing online learning and recordings of the education mitigate the risks to an extent.
Trustees. responslbilitles statement
The trustees {who are also directors of Oxford Centre for Education and Research in Palliative Care: Sobell
House for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the
financial statements in accordance with applicable law and Uniled Kingdom Accounting Standards (United
Kingdom Generally Accepted AGcounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources. including the income and expenditure, of the charitable company for that period.
In preparing Ihese finanGial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP 2019 (FRS 102).
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed. subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to ensure Ihat the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assels of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
In so far as the trustees are aware-
there is no relevant audit information of which the charitable company's auditor is unaware. and
the trustees have taken all steps that they ought lo have taken to make themselves aware of any
relevant audit infomialion and to establish that the auditor is aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the Gharitable company's website. Legislation in the United Kingdom goveming the preparation
and dissemination of financial statements may differ from legislation in other jurisdictions.
On behalf of the Board
Signature:
Dr Tim Harrison, Trustee
Date:
23 July 2024

Oxford Centre for Education and Research in Palliative Care: Sobell House
Independent Auditor's Report to the Members of
Oxford Centre for Education and Research in Palliative Care: Sobell House
Opinion
We have audited the financial stalements of Oxtord Cenlre for Education and Research in Palliative Care.-
Sobell House (the 'charilable company.) for the year ended 31 st March 2024 which comprise the Slatement
of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of
significant accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31st March 2024. and of its
incoming resources and application of resources, including its income and expenditure, for tha year then
ended;
have been property prepared in accordance with United Kingdom Generally Accepted Accounting
Praclice. and
have been prepared in accordance wilh the requirements of the Companies Acl 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UKI) and
applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities
for the audit of the financial statements section of our report. We are independent of the charitable company
in accordance with the ethical requirements that are relevant to our audit of the financial statements in Ihe UK,
including the FRC'S Ethical Slandard. and we have fulfilled our other ethical responsibilities in accordance
with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial statements. we have concluded that the tnAStees' use of the going concern basis of
accounling in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the tnJste8S With ￿SPect to going concern are described in the
relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the trustees, annual report, other than the financial statements and our auditor's report thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
othe￿ise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and.
in doing so, consider whether the other information is materially inconsistent with the financial slatemenls or
our knowledge obtained in the audit or othe￿ise appears to be materially misslalÉd. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether there is a
material misstatement in the financial statements or a material misslatement of the other information. If, based
on the work we have performed, we conclude Ihat there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Independent Auditor's Report to the Members of
Oxford Centre for Education and Research in Palliative Care: Sobell House (continued)
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees. report {incorporating the directors, report) for the financial year for
which the financial statements are prepared is consistent with the financial statements- and
the directors, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception.
In the light of our knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have not idenlified material misstatements in the directors, report.
We have nothing to report in respecl of the following matters in relation to which the Companies Acl 2006
requires us to report to you if. in our opinion-
adequale accounting records have not been kept. or retums adequate for our audit have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and retums., or
certain disclosures of directors. remuneration specified by law are not made; or
we have nol received all the information and explanations we require for our audit. or
the trustees were not entitled lo prepare the financial statements in accordance with the small companies.
regime and take advantage of the small companies. exemptions in p￿paring the directors, repori and from
the requirement to prepare a stralegiG report.
Responsibilities of trustees
As explained more fully in the truslees, responsibilities statement set out on page 5. the trustees (who are also
the directors of the charitable company for the purposes of company law) are responsible for the preparation
of the financial statements and for being satisfied that they give a true and fair view. and for such internal
control as the trustees determine is necessary to enable the preparation of financial statements that are free
from material misstatement. whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charitable company's
abilily to continue as a going concem. disclosing. as applicable, matters related to going concem and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations, or have no realistic altemative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance aboul whether the financial slatements as a whole are free
from material misstatement, whelher due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstalemenls can arise
from fraud or error and are considered material if. individually or in the aggregate, they could reasonably ba
expected lo'influence Ihe economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The specific procedures for this engagement and Ihe extent to which these are
capable of detecting irregularities. including fraud is detailed below:
Enquiry of management, those charged with governance and the entity's solicitors around actual and
potential litigation and daims.
Enquiry of entity staff in tax and compliance functions to identify any instances of non-compliance with
laws and regulations.
Reviewing minules of meetings of those charged with governance.
Reviewing financial stalement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Performing audit work over the risk of management override of controls, including testing of journal
entries and other adjustments for appropriateness. evaluating the business rationale of significant
transactions outside the normal Gourse of business. and reviewing accounting estimates for bias.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Independent Auditor's Report to the Members of
Oxford Centre for Education and Research in Palliative Care: Sobell House (continued)
Auditor's responsibilities for the audit of the financial statements (continued)
Because of the inherent limitations of an audil. there is a risk Ihal we will not detect all irregularities, including
those leading to a material misstatement in the financial slalements or non-compliance with regulation. This
risk increases the more that complianGe with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.org.uklauditorsresponsibililies. This description forms part of our
auditor's report.
Use of our report
This report is made solely to the charitable company s members, as a body, in accordance with Chapter 3 of
Part 16 of Ihe Companies Act 2006. Our audit work has been undertaken so that we might slate to the
Gharitable company's members those matters we are required to state to them in an auditor's report and for
no other purpose. To the fullest extent permilted by law, we do not accepl or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have fonned.
Benjamin Hayes Bsc FCA (Senior Statutory Auditor)
For and on behalf of Wenn Townsend
Chartered Accountants and Statutory Audltor
30 St Giles
Oxford
OX13LE
23 July 2024

LO 41

Oxford Centre for Education and Research in Palliative Care". Sobell House
Balance Sheel
As at 31st March 2024
Note
2024
2023
Flxed assets
Intangible assets
Tangible assets
Investments
1,316
9,209
192,840
2,232
4,110
171,813
10
203.365
178,155
Current assets
Debtors
Cash at bank and in hand
11
37,096
211,353
13,503
217,685
248.449
231,188
Creditors: amounts falling due within one year
12
(52.445)
(80,874)
Net current assets
196,004
150,314
Net assets
399.369
328,469
Charity Funds
Restricted funds
Unrestricted funds
14
14
18,960
380,409
45.751
282.718
Total charlty funds
15
399.369
328,469
The financial statements were approved and authorised for issue by the Board on 23 July 2024.
Signed on behalf of the Board of Trustees
Dr Tim Harrison
Trustee
The notes on pages 11 to 20 form part of these financlal statements.
Company registration number: 10647198
10

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st Mar¢h 2024
Summary of significant accounting policies
(a) General information and basis of preparation
Oxford Centre for Education and Research in Palliative Care- Sobell House is a company limited by
guarantee in England. In the event ofthe charity being wound up. the liability in respect of the guarantee
is limited to £1 per member of the charity- The address of the registered office is given in the charily
information on page 1 of these financial statements. The nature of the charity's operations and principal
aclivities are included in the Trustees, Report.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been preparèd in accordan￿ with Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financlal Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting
Slandard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charilies Act 2011,
the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include ￿rtain items at fair value. The financial statements are presented in sterfing which
is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise slated.
(b) Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restriGtions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted fund
is set out in the notes to the financi21 statements.
(c) Income recognition
All income is included in the Statement of Financial Activities {SoFA) when the charity is legally entilled
to the income after any performance conditions have been mel. the amount can be measured reliably
and it is probable that the income will be received.
Course income
Course income is by far the main source of income. Course income is recognised once the course has
been delivered. or in the case of the virtual course in the first month that the course is available to the
participant.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (continued)
Summary of significant accounting policies (continued)
Donations and Grants
For donations and Grants to be recognised the charily will have been notified of the amounts and the
settlement date in writing. If there are Gonditions attached to the donation or granl and this requires a
level of performance before entillement can be obtsined, then income is deferred until those conditions
are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that
they will be fulfilled.
Gifts in kind
Donated facilities and donated professional seNices are recognised in income at Iheir fair value when
their economic benefit is probable. it can be measured reliably and the charity has control over the item.
Fair value is delemiined on the basis of the value of Ihe gift to the charity. For example. the amount the
charity would be willing to pay in the open marketforsuch facilities and services. A corresponding amount
is recognised in expenditure. No amounl is included in the financial statements for volunteer lime in line
with the SORP (FRS 102)- Further detail is given in Ihe Trustees. Annual Report.
Investment income
Investment income is earned through holding assets for inveslment purposes. It includes dividends and
inlerest. Where il is not practicable to identify investment management costs incurred within a scheme
with reasonable accuracy the investment income is reported net of these costs. It is included when the
amount can be measured reliably.
(d) Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cosls related to the category. Expenditure is recognised where there is a legal or
constructive obligation to make payments to third parties, it is probable that the settlement will be
required, and Ihe amount of the obligation can be measured reliably. Irrecoverable VAT is charged as
an expense against Ihe activity for which 6xpenditure arose.
Expenditure on charilable activities inGludes the cost of programmes run at the Centre, and the salary
costs recharged to the charity from Oxford University Hospital and Katharine House Hospice.
Support costs are those that assist the wort( of the charity but do not direclly represent charitable
activities and include Offi￿ costs, governance costs and administrative costs. They are incurred directly
in support of expenditure on the objects of the Gharity and include project management. Where support
costs cannot be directly attribuled to particular headings they have been allocated to charitable activities
on a basis consistent with use of the resources.
Intangible assets
Intangible assets are amortised on a straight line basis over their useful lives. The useful lives of
intangible assets are as follows..
Website development expenditure..
3 years
12

Oxford Centre for Education and Research In Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31 st March 2024 (continued}
Summary of significant accounting policies (continued)
{fj Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and
accumulated impairment losses. Cost includes costs directly attribulable to making the asset capable
of operating as intended.
Depreciation is provided on all tangible fixed assets. at rates calculated lo write off the cost, less
estimated residual value. of each asset on a systematic basis over its expected useful life as follows-
Fixtures and fittings:
3 years
(g) Investments
Investments are recognised inilially at fair value which is normally the transaction price excluding
transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains
l (losses) on investments, in the SOFA if the shares are publicly traded or their fair value can Othe￿Ise
be measured reliably. Other investments are measured at cosl less impairment.
(h} Debtors and Creditors receivablelpayable within one year
Debtors and creditors with 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.
(i) Tax
The charity is an exempl charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets
the definition of a charitable company for UK corporation tax purposes.
ti)
Going concern
The financial slalements have been prepared on a going concem basis as the trustees believe that no
material uncertainties exisl. The Irustees have considered Ihe level of funds held and the expected level
of income and expenditure for 12 months from authorising these fsnancial statemenls. The resulting
budgeted income and expenditure figures are deemed sufficient when coupled with the level of reserves
held for the charity lo be able to continue as a going concern.
Income from charitsble activities
2024
2023
Course fees- advanced courses
Course fees- other programmed courses
Grants received
Donations received
225.785
157.305
5.647
364
162,257
113,825
70,000
405
389,101
346,487
13

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (continued)
Income from investments
2024
2023
Dividends received
9,625
1.458
Analysis of expenditure on charitable activilies
2024
2023
Advanced courses
Other programmed courses
Specific fund costs (including HDH project manager)
Salary costs
Accountancy and bookkeeping
Legal costs
Bank charges
Investment management charges
Website amortisation
Depreciation
Training
Other support costs
Governan￿ costs (note 5)
35.589
83,246
45,422
59,597
82,870
197,002
19,596
193.139
12,604
5,281
2,708
1,252
916
2,442
1,440
6,514
4.493
2,739
1,021
517
666
4,435
6,830
4,353
349,624
425,048
Governance costs
2024
2023
Auditor's remuneration
audit fees
Under provision in prior year
3,853
640
3,840
513
4.493
4,353
Trustees, and key management personnel remuneration and expenses
The trustees neither received nor waived any remuneration during the current or preceding year.
The total amount of employee benefits received by key management personnel is £63,711 (2023:
£54,026). The Trust considers its key management personnel comprises the director and trustees.
14

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (continued)
No trustees are accruing pension arrangements. The trustees did not have any expenses reimbursed
during the current or preceding year.
Staff costs and employee benefits
The average monthly number of employees and full-time equivalent (FTE) during the period was as
follows:
2024
2024
2023
2023
Number
FTE
Number
FTE
The total staff costs and employee benefits were as follows:
2024
2023
Wages and salaries
193,139
197,002
Staff costs were recharged to the charity from Oxford University Hospitals Trust and Katharine House
Hospice. and thus the charity does not operate its own payroll. No employees received total employee
benefits (excluding employer pension Costs) of over £60.000 (2023.. None).
Intangible fixed assets
Website
development
expenditure
Cost..
At 1 st April 2023
Additions
7.699
At 31st March 2024
7,699
Amortisation:
At 1st April 2023
Charge for the year
5,467
916
At 31st March 2024
6,383
Net book value:
At 31 st March 2024
1.316
At 1st April 2024
2,232
15

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31 st March 2024 (continued)
Tangible fixed assets
Office
Equipment
Cost:
At 1 st April 2023
Additions
4.778
7,541
At 31st March 2024
12.317
Depreciatlon..
At 1st April 2023
Charge for the year
666
2,442
At 31st March 2024
3,108
Nel book value:
At 31st March 2024
9,209
At 1st April 2023
4,110
10 Flxed asset investments
Listed
Investments
2024
2023
Cosl or valuation:
At 1st April 2023
Additions
Disposals
Revaluation
Movement in cash held within portfolio
171.813
61.436
(48,326)
7,760
157
191,464
20,550
(23,028)
(16,821)
(352)
At 31st March 2024
192,840
171,813
Investments at fair value comprise:
2024
2023
Equities
Securities
Cash within investment portfolio
166.485
22.815
3,540
146,209
22,221
3,383
192.840
171,813
The fair value of listed investments is detemiined by reference to the quoted price for identical assets in
an active marl(et at the balance sheet date.
16

kative Care: Sobell House
.sontinued)
2024
2023
26.336
10.760
11,760
1.743
37,096
13,503
2024
2023
33,640
18,230
72,545
7.162
1,167
575
52,445
80.874
2024
2023
72,545
344,685
(383,590)
51,573
297,810
(276,838)
33,640
72,545
'&lthe programme run date.

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (continued)
14
Fund reconciliation
i) 2023124
Unrestricted funds
Balance at
01104123 Income
Investment
gains Transfers
Balance at
3113124
Expenditure
Unrestricted
282,718 393,079
{317,186)
21,798
380.409
Restrlcted funds
Balance at
01104123
Balance at
3113124
Income
Expenditure Transfers
Strategic Health Authority grant
ICST Courses
TVCA ACST Courses
OCCG SCAS Training
NHS England
Nuffield Capital fund
18.667
4.070
9.425
12.753
836
{13.147)
{2.750)
(9,425)
(1,508)
{810)
(4.798)
5,520
1,320
11,245
26
849
5,647
45,751
5.647
(32,438)
18,960
Strategic Health Authority grant
To support the provision of end of life care through education and training in the community of Oxfordshire.
ICST Courses
Thamas Valley Cancer Alliance to fund 50 delegate places on intemiediate communication skills training
courses.
TVCA ACST Courses
Thames Valley Cancer Alliance to fund 60 delegate places on advanced communication skills training
courses.
OCCG SCAS Training
Soulh Central Ambulan￿ Fund, in collaboration with Oxford Palliative Clinical Network to fund clinical
network and project manager salary costs.
NHS England
To support staff aGross the southeast to access education and training in end-of-life care.
Nuffield Capital fund
To fund the purchase of computer and audio-visual equipment.
18

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (Gontinued)
14 Fund reconciliation (continued)
li) 2022123
Unrestricted funds
Balance at
01104122 Income
Investment
losses Transfers
Balance at
3113123
Expenditure
Unrestricted
371,290 128,945
{202.287)
(16,821)
1,591
282,718
Restrlcted funds
Balance at
01104122
Balance at
3113123
Income
Expenditure Transfers
Strategic Health Authority grant
League of Friends Communications skills
HART
HEE Grant- Syringe Driver FILD
HEE Grant
ICST Courses
TVCA ACST Courses
OCCG SCAS Training
NHS England
47,982
813
1.271
317
720
(29,315)
(810)
18.667
{3)
(1.271)
(317)
(720)
(1,430)
(34,075)
{57,247)
(99.164)
5.500
43,500
70,000
100.000
4,070
9,425
12.753
836
51,103
219.000
(222,761)
(1,591)
45,751
Strategic Health Authority grant
To support the provision of end of life care through education and training in the community of Oxfordshire.
League of Frlends CommuniGations skills
To support entry level communications skills Iraining for staff in Oxford university Hospitals NHS Trust.
HART
To improve knowledge and skills of staff working in the Home re8blement team.
HEE Grant- Syringe Driver FILD
For the production of a syringe driver video and videos to support education.
HEE Grant
To provide improved knowledge. skills and confidence of staff providing palliative care and end of life Gare in
HEE South East area of practice.
ICST Courses
Thames Valley Cancer Alliance to fund 50 delegate places on intemiediate communication skills training
courses.
TVCA ACST Courses
Thames Valley CanGer Alliance to fund 60 delegate places on advanced communication skills training
courses.
OCCG SCAS Training
South Central Ambulance Fund, in collaboration with Oxford Palliative Clinical Network to fund clinical
network and project manager salary costs.
NHS England
To support staff across the southeast to access education and training in end￿Of-1Ife care.
19

Oxford Centre for Education and Research in Palliative Care: Sobell House
Notes to the Accounts
for the year ended 31st March 2024 (continued)
15 Analysis of net assets between funds
2024
Unrestricted
funds
Restricted
funds
Total
Fixed assets
Investments
Cash at bank and in hand
Other Gurrent assetsl(liabilities)
10.525
192.840.
192,393.
(15.349).
10,525
192,840
211,353
(15,349)
18,960
Total
380,409
18,960
399.369
Free reSe￿@S £369.884
2023
Unrestricted
funds
Restricted
funds
Total
Fixed assets
Investments
Cash at bank and in hand
Other current assetsl(liabilities)
6,342
171.813"
171,934.
{67.371)'
6,342
171,813
217,685
(67.371)
45,751
Total
282.718
45.751
328.469
Free reseNes £276.376
16 Related party transactions
Sobell House Hospice Charity Limited (company number 05989017) is a company limited by guarantee
and has some common directors with Oxford Centre for Education and Research in Palliative Care:
Sobell House (OXCERPC).
During the year, Sobell House Hospice Charity Limited incurred costs of £nil (2023: £nil) on behalf of
OXCERPC and recharged costs of £nil {2023: £12.720). At the year end. £nil (2023.. £nil) was owed by
OXCERPC to the charity.
20