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← Oxford Centre For Education And Research In Palliative Care: Sobell House

2025-03-31-accounts

OXFORD CENTRE FOR EDUCATION AND RESEARCH IN PALLIATIVE CARE: SOBELL HOUSE

Charity Registration Number: 1172165 Company Registration Number: 10647198

Unaudited Financial Statements

for the year ended 31st March 2025

Oxford Centre for Education and Research in Palliative Care: Sobell House

Contents

Page
Charity Reference and Administrative Details 1
Trustees’ Annual Report (including Directors’ Report) 2 - 7
Independent Examiner’s Report 8
Statement of Financial Activities (including Income and Expenditure Account) 9
Balance 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 Trustees: T Harrison J Holloran (resigned 15 October 2024) E A Laurence K Symons S Yates Registered Office: 30 St Giles Oxford OX1 3LE Independent examiners: Wenn Townsend Chartered Accountants and Registered Auditors 30 St Giles Oxford OX1 3LE Main Bankers: CAF Bank 25 Kings Hill Avenue West Malling ME19 4JQ Investment Managers: Quilter Cheviot Limited 1 Kingsway London WC2B 6AN

1

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

The Trustees present their report and the financial statements of the Oxford Centre for Education and Research in Palliative Care (OxCERPC) charity for the year ended 31st March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

This report describes the eighth year of work by OxCERPC. OxCERPC charity started in April 2017, though education and research have taken place in Sobell House for approximately 49 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:

Kay Symons (Chair of the Board of Trustees) Tim Harrison John Holloran (resigned 15 October 2024) Anne Laurence Sharon Yates

Objectives and Purpose

The purpose of the charity is to provide health and social care staff with knowledge and skills, delivered through excellent education, and up to date information about best practice to enable care of the patient approaching the end of their life and support of those that are important to the patient.

The Objects of the Charity for the public benefit are:

  1. To advance the education of the public in general (and particularly amongst those working in health and social care) in all areas relating to palliative care and/or pain relief; and/or

  2. To promote research for the public benefit in all aspects of palliative care and/or pain relief and to publish the results as the Trustees think fit; and/or

  3. To relieve the need and/or to relieve sickness and to preserve the health of the patients 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.

Achievements and performance - activities for the public benefit

Educational work

Teaching was delivered to approximately 1840 people in 2024/25 (2023/24 - 1400, 2022/23 - 1500, 2021/22 - 1,220, 2020/21 - 600). Of those taught in 2024/25, 657 individuals received non-course teaching (e.g. guest lectures or one-off teaching sessions) delivered by Dr Mary Miller.

All courses are evaluated to assess impact. A variety of feedback methods are offered to delegates, tailored to the format of the course (e.g. online vs in-person), to maximise response rates. Delegates are asked for feedback on the logistics and content of courses, including questions such as whether the lecture will change their practice, has added to their knowledge and skills, has helped them understand the evidence base, or has not made a difference to their knowledge and skills.

Feedback continues to be excellent overall, and improvements to both content and logistics are implemented when identified. For example, feedback from the 2024 Newcastle Advanced Course led to a change of venue for 2025.

2

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

In 2024/25

Breakdown of Delegate location in 2024/25

UK Delegates

During the 2024/25 financial year, our website received 810 course orders from across the UK, reflecting sustained local and national demand for both Communications and Palliative Care Courses. (70% = 810/1183)

The following chart and table shows the spread of UK delegates by region. This data comprises only website orders, not including commissioned courses, bookings made via email, or website orders with a missing or incomplete postcode. 82% of website orders had complete postcode information.

As expected, the highest attendance for both Communications Skills and Palliative Care courses came from the South East, OxCERPC’s home region, reflecting strong local awareness and access to our services. However, given that many of our courses are delivered online, it's encouraging to see substantial participation from regions such as the South West, East Midlands, and North West.

3

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

----- Start of picture text -----
UK Delegates by Region (website orders only)
|| Palliative Care Courses || Communication Courses
140 131
120
100
80
62 61
58
60 51
46 48
41 40
40 35 35 34
20
8
5
1 1 1 - 1 - 1 - - 1 - -
0
----- End of picture text -----

----- Start of picture text -----
Palliative Care Courses | Communications Courses
----- End of picture text -----

International Delegates

141 international delegates attended our courses in 2024/25.

98.6% (139) of international delegates attended Palliative care courses, and 1.4% (2) of international delegates attended communications skills courses.

There has been a 207% increase in international delegates compared to 2023/24, an increase which is largely explained by the 104 international delegates who attended the Masterclass in Palliative Care held in Cork, Ireland.

4

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

Of the 130 total Irish delegates, 104 attended the Masterclass in Palliative Care held in Cork, Ireland. When excluding those who attended the Cork Masterclass, Ireland still accounted for more international delegates than any other country across our courses.

2024/25 Total International Delegates by Country

----- Start of picture text -----
Australia 16
Denmark 5 Cyprus 1 Spain 1
Channel Isl. 4
Gibralter 1 Czech Rep. 1
Ireland 130 Other 7
USA 1
New Zealand 16 Finland 2
----- End of picture text -----

International work

Research work

5

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

Work to support the NHS:

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 their powers and duties.

Financial Review

The number of delegates continue to grow. The income from educational activity covered expenditure and generating a small surplus.

During the year we transferred £75,000 into our investment portfolio, which is now valued at £266,982 (2024: £192,840.) We have not drawn down on our investment portfolio in 2024-25. The performance of our Investment Fund Manager, Quilter, showed a net capital gain (realised and unrealised) of £489 for the year (2024: gain £21,798). In the opinion of the Trustees, our portfolio continues to outperform the market.

Reserves Policy

Free reserves (or operating reserves) at the year-end were £435,348 (2024: £369,884).

The Operating Reserve is intended to provide an internal source of funds 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 reserve requirement at 31 March 2025 is at least £128k. (2024: £124k)

Restricted Funds totalled £2,688 at the end of the year (2024: £18,960). OxCERPC has a budgeted spending plan for 2025/26 to support fund objectives.

Plans for Future Periods

New

Continued

6

Oxford Centre for Education and Research in Palliative Care: Sobell House

Trustees’ Annual Report (including Directors’ Report) for the year ended 31st March 2025 (continued)

The plans aim to support the objects, providing highly effective education to support health and social care staff in providing the best possible experience for those who are at the end of their life, underpinned by a sustainable business model.

Structure, Governance and Management

The Charitable Company is governed by its Memorandum and Articles of Association which were adopted on incorporation on 1st April 2017. It is registered as a Charity with the Charity Commission. The liability 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 4 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. Prospective 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 Trustees.

The Board of Trustees meets four times a year. All policy and strategy decisions are formally tabled for approval at the Trustees’ quarterly meetings. Decisions concerning the day to day running of the Charity are delegated to the director (Dr Mary Miller 0.34 WTE) and the team (5 people – 3 WTE).

Key Management Personnel Remuneration

The Trustees consider the director and education lead as the key management personnel of the Charity in charge of directing 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 disclosed 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 employer’s NHS terms and conditions. One employee was employed by Katharine House Hospice Charity but seconded to OxCERPC. That employee’s pay and conditions were in line with those of Katharine House Hospice Charity.

Risk management

Delegates find it difficult 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.

Small companies exemption

This report has been prepared having taken advantage of the small companies exemption in the Companies Act 2006.

On behalf of the Board

Signature: ……………………… Tim Harrison , Trustee

Date: 26 June 2025

7

Independent examiner’s Report to the Trustees of Oxford Centre for Education and Research in Palliative Care: Sobell House

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 7 to 18

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Benjamin Hayes BSc FCA Wenn Townsend 30 St Giles, Oxford OX1 3LE

…………………… 2025

8

Total 2024 £ 389,101 9,625 _ 398,726 (349,624) _ (349,624) 21,798 _ 70,900 - _ 70,900 328,469 _ 399,369 ═════
Restricted funds £ 5,647 - _ 5,647 (32,438) _ (32,438) - _ (26,791) - _ (26,791) 45,751 _ 18,960 ═════
Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31st March 2025 Note
Unrestricted
Restricted
Total
Unrestricted		 funds
funds
2025
funds		 £
£
£
£		 Income from: Charitable activities
2
380,826
7,876
388,702
383,454		 Investments
3
9,864
-
9,864
9,625		 _
_
_
_		 Total income
390,690
7,876
398,566
393,079		 Expenditure on: Charitable activities
4
(330,085)
(24,148)
(354,233)
(317,186)		 _
_
_
_		 Total expenditure
(330,085)
(24,148)
(354,233)
(317,186)		 Net gains/(losses) on investments
10
489
-
489
21,798		 _
_
_
_		 Net income/(expenditure)
61,094
(16,272)
44,822
97,691		 Transfers between funds
14
-
-
-
-		 _
_
_
_		 Net movement in funds
61,094
(16,272)
44,822
97,691		 Reconciliation of funds: Total funds brought forward
380,409
18,960
399,369
282,718		 _
_
_
_		 Total funds carried forward
441,503
2,688
444,191
380,409		 ═════
═════
═════
═════		 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. 9

Oxford Centre for Education and Research in Palliative Care: Sobell House

Balance Sheet As at 31st March 2025

Note
Fixed assets
Intangible assets
8
Tangible assets
9
Investments
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one year
12
Net current assets
Net assets
Charity Funds
Restricted funds
14
Unrestricted funds
14
Total charity funds
15		 2025
£
400
5,755
266,982
_
273,137
30,942
281,193
_
312,135
(141,081)
_
171,054
_
444,191
═════
2,688
441,503
_
444,191
═════		 2024
£
1,316
9,209
192,840
_
203,365
37,096
211,353
_
248,449
(52,445)
_
196,004
_
399,369
═════
18,960
380,409
_
399,369
═════

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved and authorised for issue by the Board on 27 May 2025.

Signed on behalf of the Board of Trustees

………………………………

Tim Harrison, Trustee 26 June 2025 The notes on pages 9-18 form part of these financial 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 March 2025

1 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 of the 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 charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are included in the Trustees’ Report.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities 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 certain items at fair value. The financial statements are presented in sterling 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 stated.

(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 restrictions 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 financial statements.

(c) Income recognition

All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, 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.

11

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts

for the year ended 31st March 2025

Summary of significant accounting policies (continued)

Donations and Grants

For donations and Grants to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation or grant and this requires a level of performance before entitlement can be obtained, 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 services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Investment income

Investment income is earned through holding assets for investment purposes. It includes dividends and interest. Where it 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 costs 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 the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Expenditure on charitable activities includes 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 work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity and include project management. Where support costs cannot be directly attributed to particular headings they have been allocated to charitable activities on a basis consistent with use of the resources.

e) 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 31st March 2025

1 Summary of significant accounting policies (continued)

(f) 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 attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to 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 initially 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 / (losses) on investments’ in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

(h) Debtors and creditors receivable/payable 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 exempt 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.

(j) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The resulting budgeted income and expenditure figures are deemed sufficient when coupled with the level of reserves held for the charity to be able to continue as a going concern.

2 Income from charitable activities

Course fees – advanced courses
Course fees – other programmed courses
Grants received
Donations received		 2025
£
232,832
147,625
7,602
643
_
388,702
═════		 2024
£
225,785
157,305
5,647
364
_
389,101
═════

13

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

3
Income from investments
Dividends received
4
Analysis of expenditure on charitable activities
Advanced courses
Other programmed courses
Salary costs
Marketing and development
Accountancy and bookkeeping
Legal costs
Bank charges
Investment management charges
Website amortisation
Depreciation
Training
Other support costs
Governance costs (note 5)
5
Governance costs
Independent Examiner’s/ Auditor’s remuneration
- fees
- Under provision in prior year		 2025
£
9,864
═════
2025
£
39,787
74,809
196,445
9,931
11,550
300
3,316
1,369
916
4,292
2,224
7,633
1,661
_
354,233
═════
2025
£
1,260
401
_
1,661
═════		 2024
£
9,625
════
2024
£
35,589
83,246
193,139
416
12,604
5,281
2,708
1,252
916
2,442
1,440
6,514
4,493
_
349,624
═════
2024
£
3,853
640
_
4,493
═════

6 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 £74,930 (2024: £63,711). The Trust considers its key management personnel comprises the director and trustees.

No trustees are accruing pension arrangements. The trustees did not have any expenses reimbursed during the current or preceding year.

14

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

7 Staff costs and employee benefits

The average monthly number of employees and full-time equivalent (FTE) during the period was as follows:

follows:
2025 2025 2024 2024
Number FTE Number FTE
5 3 5 3.4
═════ ═════ ═════ ═════
The total staff costs and employee benefits were as follows:
2025 2024
£ £
Wages and salaries 196,445 193,139
═════ ═════

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 (2024: None).

8 Intangible fixed assets

Intangible fixed assets
Website
development
expenditure
£
Cost:
At 1st April 2024 7,699
Additions -
_
At 31st March 2025 7,699
═════
Amortisation:
At 1st April 2024 6,383
Charge for the year 916
_
At 31st March 2025 7,299
═════
Net book value:
At 31st March 2025 400
═════
At 1st April 2024 1,316
═════

15

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

9 Tangible fixed assets

Tangible fixed assets
Office
Equipment
£
Cost:
At 1st April 2024 12,317
Additions 838
_
At 31st March 2025 13,155
═════
Depreciation:
At 1st April 2024 3,108
Charge for the year 4,292
_
At 31st March 2025 7,400
═════
Net book value:
At 31st March 2025 5,755
═════
At 1st April 2024 9,209
═════

10 Fixed asset investments

Cost or valuation:
At 1st April 2024
Additions
Disposals
Revaluation
Movement in cash held within portfolio
At 31st March 2025

Investments at fair value comprise:
Equities
Securities
Cash within investment portfolio		 Listed
Investments
2025
2024
£
£
192,840
171,813
84,968
61,436
(11,161)
(48,326)
1,042
7,760
(707)
157
_
_
266,982
192,840
═════
═════
2024
2023
£
£
166,133
166,485
98,016
22,815
2,833
3,540
_
_
266,982
192,840
═════
═════

The fair value of listed investments is determined by reference to the quoted price for identical assets in an active market at the balance sheet date.

16

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

11
Debtors
Trade debtors
Prepayments and accrued income
12
Creditors: amounts falling due within one year
Deferred income (see note 13)
Accruals
Other creditors
13
Deferred income
At 1st April 2024
Additions during the year
Amounts released to income
At 31st March 2025		 2025
£
20,496
10,446
_
30,942
═════
2025
£
87,930
40,183
12,968
_
141,081
═════
2025
£
33,640
434,747
(380,457)
_
87,930
═════		 2024
£
26,336
10,760
_
37,096
═════
2024
£
33,640
18,230
575
_
52,445
═════
2024
£
72,545
344,685
(383,590)
_
33,640
═════

Income has been deferred for amounts invoiced in advance of the programme run date.

17

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

14 Fund reconciliation

i) 2024/25

Unrestricted funds

Unrestricted funds
Balance at Investment Balance at
01/04/24 Income Expenditure gains Transfers 31/3/25
£ £ £ £ £ £
Unrestricted 380,409 390,690 (330,085) 489 - 441,503

Restricted funds

Restricted funds
Balance at Balance at
01/04/24 Income Expenditure Transfers 31/3/25
£ £ £ £ £
Strategic Health Authority grant 5,520 - (5,135)
-		 385
ICST Courses 1,320 - (880)
-		 440
OCCG SCAS Training 11,245 - (9,408)
-		 1,837
NHS England 26 - - 26
Nuffield Capital fund -849 7,876 (8,725)
-		 -
18,960 7,876 (24,148)
-		 2,688

Strategic Health Authority grant

To support the provision of end of life care through education and training in the community of Oxfordshire.

ICST Courses

Thames Valley Cancer Alliance to fund 50 delegate places on intermediate 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-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 2025

14 Fund reconciliation (continued)

ii) 2023/24

Unrestricted funds

Unrestricted funds
Balance at Investment Balance at
01/04/23 Income Expenditure gains Transfers 31/3/24
£ £ £ £ £
Unrestricted 282,718 393,079 (317,186) 21,798 - 380,409

Restricted funds

Balance at Balance at
01/04/23 Income Expenditure Transfers 31/3/24
£ £ £ £ £
Strategic Health Authority grant 18,667 - (13,147)
-		 5,520
ICST Courses 4,070 - (2,750)
-		 1,320
TVCA ACST Courses 9,425 - (9,425)
-		 -
OCCG SCAS Training 12,753 - (1,508)
-		 11,245
NHS England 836 - (810)
-		 26
Nuffield Capital fund - 5,647 (4,798)
-		 849
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

Thames Valley Cancer Alliance to fund 50 delegate places on intermediate 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

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-life care.

Nuffield Capital fund

To fund the purchase of computer and audio-visual equipment.

19

Oxford Centre for Education and Research in Palliative Care: Sobell House

Notes to the Accounts for the year ended 31st March 2025

15 Analysis of net assets between funds

2025
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
6,155
-
Investments
266,982
-
Cash at bank and in hand
278,505
2,688
Other current assets/(liabilities)
(110,139)
-
_
_
Total
441,503
2,688
═════
═════
Free reserves £435,348
2024
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
10,525
-
Investments
192,840
-
Cash at bank and in hand
192,393
18,960
Other current assets/(liabilities)
(15,349)
-
_
_
Total
380,409
18,960
═════
═════		 Total
£
6,155
266,982
281,193
(110,139)
_
444,191
═════
Total
£
10,525
192,840
211,353
(15,349)
_
399,369
═════

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 (2024: £nil) on behalf of OxCERPC and recharged costs of £nil (2024: £nil). At the year end, £12,968 (2024: £575) was owed by OxCERPC to the charity for grants incorrectly paid by Hospice UK OxCERPC.

20