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|||||PAGE|
|---|---|---|---|---|
|CONTENTS|||||
|Reference and administrative
details||ofthe charity,|its trustees and advisors||
|Trustees'
Report|||||
|Independent|Auditor's
Report||||
|Consolidated|Statement of Financial|Activities|||
|Consolidated|Statement of Position|||12|
|Consolidated|Statement of Cashflows|||13|
|Notes to the|Consolidated
Financial Statements|||14|
|Company
registration|number|10934348|||
|---|---|---|---|---|
|Charity number||1174402|||
|Directors &Trustees||Pam Nock (Chair)|||
|||Peter Hannon
(Vice- Chair)|||
|||Stephen Potter (Treasurer)|||
|||Peter Nock|||
|||Paula Ollive|||
|||Russell Douglass|||
|||Michelle Myers|||
|||Danielle Soto|||
|||Lady Catherine|Morton (resigned|3/02/20)|
|Registered office||Cynthia Spencer Hospice Charity||Office|
|||Manfield
Health|Campus||
|||Kettenng
Road|||
|||Northampton|||
|||NN3 6NP|||
|Auditor||Kilby Fox|||
|||4 Pavilion Court|||
|||600 Pavilion
Drive|||
|||Northampton
Business Park|||
|||Northampton|||
|||Northamptonshire|||
|||NN4 7SL|||
|Bankers||National
Westminster
Bank PLC|||
|||41 Weston Favell Centre|||
|||Northampton|||
|||NN3 8JZ|||
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||||Unrestricted|Restricted|Designated|30|30|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|September|September|
|||Notes||||2020|2019|
|||||||Total|Total|
|income:||||||||
|Donafions
and legacies
Other trading
acfivitles
Income fnim Investments|||745,132
628,580
68,012|77,854||822,986
828,580
68012|738,153
795,945
39,833|
|Tots IIncome|||1,441,724|77,854||1,519,578|1,573,931|
|Expenditure:||||||||
|Expenditure
on raising funds
Charitable
acfiv/ties|||806,978
556,763|102,009||806,978
658,772|844,082
934,286|
|Total Expenditure|||1,363,741|102,009||1/85,750|1,778,368|
|Net income/ (expenditure)|before|||||||
|gains and losses on Investment||||||||
|Gain/(loss)
on fixed investments|||(109,461)|||(109,461)|30,758|
|Gain/(loss)
on current investments||||||||
|Net income/(expenses)
before transfers|||(31,478)|(24.155)||(55,633)|(173,679)|
|Transfers between funds||||||||
|Net income/(expenditure)|||(53,351)|11,415|(13,697)|(55,633)|(173,679)|
|Gains/(losses)
on revaluation||offixed assets||||||
|Net movements
in funds|in|the year|(53,351)|11,415|(13,697)|(55,633)|(173,879)|
|Reconcglatlon
offunds:||||||||
|Total funds brought forward|||2,027,500|1,914|3332,991|5,262,405|5,436,084|
|Total funds carried forward|||1,974,149|13,329|3,219,294|5,206,772|5.262,405|
##
||||||Registered
Number: 10934348|Registered
Number: 10934348|
|---|---|---|---|---|---|---|
||||Group|Group|Charity|Charity|
||||2020|2019|2020|2019|
|||Note|||||
|NON-CURRENT ASSETS|||||||
|Tangible assets||10|21 211|274,537|21 211|274,537|
|Intangible assets||11|76|993|70|993|
|Investments||12|1,134,086|1,251,913|1,134,066|1,251,913|
||||1,155,353|1,527,443|1,155,353|1,527,443|
|CURRENTASSETS|||||||
|Stock|||13,072|13,481|5,198|4,224|
|Debtors and prepayments||13|320,422|105,676|355,118|133,772|
|Cash at bank and in hand|||3,904,050|3,833,903|3,871,037|3,804,980|
||||4,243,544|3,953,060|4.231,353|3,942,976|
|CREDITORS: Amounts|faSlng due within one year|||~sas|~$6|~ss|
|NETCURRENTASSETS|||4,051,419|3,734,962|4,045,176|3,729,547|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||5,206,772|5,262,405|5,200,529|5,256,900|
|NET ASSETS|||5,206,772|5,262,405|5,200,529|5,256,990|
|Funds|||||||
|Unrestricted
funds:|||||||
|General fund||15|1,074,150|2,027,500|1,067,006|2,022,085|
|Designated
funds||15|3,219,293|3,232,991|3,219,294|3,232,991|
||||5.193,443|5,260,491|5,187,200|5,255,076|
|Restricted
funds||15|13,329|1,914|13.329|1,914|
|TOTAL FUNDS|||5,208,772|5,262,405|5,200,529|5,256,990|
##
||||||||||Total funds|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||30September|30September|
||||||||||2020|2019|
|||||||||Notes|||
|Net cash|used|in operating||activities||||18|(230,254)|(219,856)|
|Cash flows from investing||||activities|||||||
|Dividend|and interest||income||||||68,012|39,833|
|Purchase|ofproperty,||plant and||equipment||||(998)|(3,615)|
|Sale offreehold||land|and buildings||||||225,000||
|Purchase|of intangible||assets||||||||
|Purchase/|Sale|ofcash investments|||||||8,386|7,908|
||||||||||300,400|44,126|
|(Decrease)/Increase|||in cash|and cash equivalents|||in the year||70,146|(175,730)|
|Cash and|cash|equivalent
at||the|beginning|ofthe|year|19|3,833,904|4,009,634|
|Total cash and||cash|equivalent||at the end|ofthe|year|19|3,904,050|3,833,904|
##
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|||||2020|2019|
|---|---|---|---|---|---|
|||||8|f|
|Donations||||493,904|538,823|
|Legacies||||329,082|199,330|
|Donated services - Office||rent donated||||
|||||822,986||
|Income from fundraising||||||
|||||2020|2019|
|||||E|8|
|Events and|fundraising|||158,119|312,280|
|Retail income||||278,473|310,698|
|Lottery income||||191,988|172,967|
||||||,84|
|Investment|Income|||||
|||||2020|2019|
||||||5|
|Bank interest||||37,815|9,482|
|Dividends|received|||30,197|30,351|
|Analysis ofexpenditure||by activity||||
|||||2020|2019|
||||Note|8|8|
|Fundraising|direct expenditure|||62,230|97,002|
|Retail expenditure||||319,645|324,059|
|Fundraising|salaries|||231,146|206,542|
|Overheads|and support costs|||193,957|216,479|
|||||,9 8||
##
##
##
|Group|Freehold|Fixtures 8|Leasehold|Shop costs|IT|Total|
|---|---|---|---|---|---|---|
||Land and|Fittings|improvements||Equipment||
||Buildings||||||
||5||||5|8|
|COSTOR VALUATION|||||||
|At 1 October 2019|221,085|21,808|59,887||32,778|370,505|
|AddMons|||||998|998|
|Transfer
Disposals|~20 .005|||19832|||
|At 30September 2020||21,74$|59,887|15,117|33,778|130,52$|
|DEPRECIATION|||||||
|At 1 October 2019||17,752|27,671|28,193|24,352|95,968|
|Charge for the year
On disposals||4,054|13,078|8,440|7,586|33,158
~9,$0|
|At 30September 2020||21,748|40,749|14,882|31,938|109,317|
|NET BOOK VALUE|||||||
|At 30September 2020|||19,138|235|1,838|21,211|
|At 30September 2019|221,055|4,054|32,216|8,756|$,426|274,537|
|Charity|||||||
||Freehold|Fixtures 8,|Leasehold|Shop costs|IT|Total|
||Land and|Fittings|improvements||Equipment||
||Buildings||||||
||5||||||
|COST OR VALUATION|||||||
|At 1 October 2019
Addiyions
Disposals|2219085
~002000|21,806
~0|59,887||32,778
99$|370,505
998
~0.9|
|At 30September 2020||21,74$|59,887|15,117|33,776|130,528|
|DEPRECIATION|||||||
|At 1 October 2019
Charge for the year
On disposals||17,752
4,054|27,671
13,078|28,193
8,440
~0.|24,352
7,586|95,968
33,158
~0|
|At 30September 2020||21,748|40,749|14,882|31,938|109,317|
|NET BOOKVALUE|||||||
|At 30September 2020|||19,138|235|1,838|21 211|
|At 30September 2019|221,0$5|4,054|32,216|$,756|8,426|274,537|
|11.|Intangible
assets|||||
|---|---|---|---|---|---|
||Group and chadity|||||
||||||Wehalte|
||||||costs|
||COST OR VALUATION|||||
||At 1 October 2019||||14,670|
||Additions|||||
||Disposals|||||
||At 30September 2020||||14,670|
||DEPRECIATION|||||
||At 1 October 2019||||13,677|
||Charge for the year||||917|
||On disposais|||||
||At 30September 2020||||14,594|
||NET BOOK VALUE|||||
||At 30September 2020||||76|
||At 30September 2019||||993|
|12.|Non-cunsnt
asset investments|||||
|||Group||Charity||
||Land|2020|2019|2020|2019|
|||6||6||
||Land - 5.5acres Braunston|67,500|67,500|67,500|67,500|
||||||||||Group|Group|||Charity|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Listed Investments|||||||||2020||2019||2020||2019|
||||||||||8||6||6||6|
|Valuation|and net book amount|||at 1 October||2019|||1,184,413||1,161,563|1,184,413||1,161,563||
|Additions
Disposals
Unrealised|gain/(loss)||||||||(8,386)
~9||(7,908)
3II. 33|(8,386)
~99,|||(7,908)
30,758|
|Valuation|on at 30|September||2020|||||1,066,566||1,184,413|1,066,566||1,184,413||
|Listed
investments|||are stated|at their|mid|market|value||at the Statement|of|Financial
Position||date,
unless|this|is not|
|significanUy
different|||from that|disclosed,|where previous|||value is maintained.||||||||
||||||||||Group||||Charity|||
||||||||||2020||2019||2020||2019|
||||||||||6||6||6||6|
|Total Non-Current||Asset Investments|||||||1,134,066||1,251,913|1,134,066||1,251,913||
##
|DEBTORS|||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2020|2019|2020|2019|
||||6|6||6|
|Trade debtors|||1,220||410||
|Intercompany|Account||||||
|Other debtors|||9,594|8,255|39,101|36,350|
|Prepayments|and accrued|income|315,608|97,421|315,607|97,422|
||||326,422|105,676|355,118|133,772|
|CREDITORS|- Amounts|falling due within one year|||||
||||Group||Charity||
||||2020|2019|2020|2019|
||||6|2|6||
|Trade creditors|||118,317|160,950|113,620|156,281|
|Other taxation|and social|security|11,410|10,971|11,410|10,971|
|Other creditors|||12,123|16,952|10,872|16,952|
|Accruals|||50,275|29,225|50,275|29,225|
||||192,125|218,098|186,177|213,429|
##
##
|15.|Slstement of Funds|Slstement of Funds|(continued)|||||||
|---|---|---|---|---|---|---|---|---|---|
||Charity - 2020|||||||||
|||||At 1st|Incoming|Outgoing|Other gainsl|Transfer|At 3001|
|||||October 2010|Resources|Resources|(losses)|between|September|
|||||||||funds|2020|
|||||||||6|E|
||Unrestricted
Funds|||||||||
||General
Fund|||2,022,085|1,421,500|(1,344,354)|(109,461)|(21,073)|1,907,906|
||Designated
Fund - Hospice Support|||3232 981|||||3210294|
||Total Unrestricted|funds||5,255,076|1,421,509|(1,344,354)|(109,401)|(35,570)|5,107,200|
||Restricted resenros|||||||||
||Hospice at home
End ofLife Cars|||1,240|20,927|(55,197)
(1,271)||34,270
25||
||Dreams' appeal
We0belng
CNS Nurses
Fund|||060|1,230
1,801
062|(245)
(1,861)|||985
1,330|
||CCG Fund||||53,011|(41,007)|||11,014|
||Woodland
Walk|||||||1 275||
||Total restricted funds|||1,914|77,854|(102,009)||35,570|13,329|
||TotalFunds|||5,256,990|IJI90,363|(1,446,303)|(109,461)||5,200,529|
||Charity-2019|||At 1stJuly|Incoming|Outgoing|Other galnsl|Transfer|At 30th|
|||||2010|Resources|Resources|(losses)|between|September|
|||||||||funds|2019|
|||||||||6||
||Unrestricted
Funds|||||||||
||General
Fund
Designated
Fund -|Hospice Support||1,905,119
3517 134|1,515,404|(1,642,048)|30,750|213,392|2,022,085
3232991|
||Total Unrestricted||funds|5,422,253|1,515,464|(1,042,640)|30,758|(70,751)|5,255,076|
||Restricted reserves|||||||||
||Hospice st home
Dreams' appeal
CNS Nurses
Fund|||30
660|0,955
14|(65,481)
(1,001)||50,526
949|000|
||Woodland
Walk||||200|(11,476)||11,270||
||End ofLife Care|||0244|||||I 246|
||Total restricted funds|||8,950|7,109|(04,056)||70,751|1,914|
||TotalFunds|||5,431,203|1,022,633|(1,727,604)|30,759||5,256,990|
##
|||General|Designated|Restricted|Total Funds|
|---|---|---|---|---|---|
|2020||Funds|Funds|Funds||
||||||2020|
|||||8|8|
|Fixed assets
Current assets
Current
liabilities||2,166,275
~9.25|1,155,353
2,063,940|13,329|1,155,353
4,243,544
~192,125|
|||1,974,150|3,219,293|13,329|5,206,772|
|2019||General
Funds|Designated
Funds|Restricted
Funds|Total Funds|
||||||2019|
|||||E|8|
|Fixed assets|||1,527,443||1,527,443|
|Current
Current|assets
liabilities|2,245,598
~218.000|1,705,548|1,914|3,953,060
~210,090|
|||2,027,500|3,232,991|1,914|5,262,405|
|Commitments||||||
|||||2020|2019|
|Group||||||
|||||6|2|
|No later|than one year|||81,729|91,818|
|Later than one year and not later than five years||||286,553|295,324|
|Later than five years||||93,333|163,333|
|||||461,615|550,475|
|Charity||||2020|2019|
|||||6|2|
|No later|than one year|||81,729|91,818|
|Later than one year and not later than five years||||286,553|295,324|
|Later than five years||||93,333|163,333|
|||||461,615|550,475|
##
##
##
|Reconcgletlon
ofnet movements
In funda to|Reconcgletlon
ofnet movements
In funda to|Reconcgletlon
ofnet movements
In funda to|Reconcgletlon
ofnet movements
In funda to|net cash|flow fram operating|flow fram operating|flow fram operating|activities|activities||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||2020||2019|
|||||||||||||||2||2|
|Net movement
in funds||||||||||||||(55,633)||(173,679)|
|Deduct dividend
and|interest income from investments|||||||||||||(68,012)||(39,833)|
|Deduct gain on investments
Increase
in stock||||||||||||||109,48(
408||(30,758)
3,536|
|(Increase)/ Decrease
Increase/(decrease)
Add depreciation|in debtors
in creditors|||||||||||||(220,745)
(25,974)
33,158||(16,251)
(9,283)
41,522|
|Profit on disposal of fixed
Add smortisation||assets||||||||||||(3,834)
917||4,890|
|Revaluagon
surplus|||||||||||||||||
|||||||||||||||(230,254)||(219,856)|
|Analysis ofcash and cash equivalents||||||||||||||2020||2019|
|Cash st bank snd
in|hand||||||||||||3,904,050|||3,833,903|
|Unexpended
investment||cash|||||||||||||||
||||||||||||||3,904,050|||3,833,903|
|Actlvlges to generate funds: Trading|||subsidiary||||||||||||||
|The charity controls
Cynthia Spencer Hospice
that transfers
its taxable
profit lo the charity by||||Ventures
a Gift Aid|Limited
which
Declaration.||is incorporated
in England
and Wales. The subsidiary
is a trading
company
A summary
of the trading
results is shown
below. The principal
activity ofthe||||||||||
|company
during the|year|wss providing|trading|activities|on behalf ofCynthia|||Spencer Hospice|||Charity, a charity||registered|in the UK.|||
|||||||||||||||2020||2019|
|Profit and Loss Account|||||||||||||||||
|Turnover||||||||||||||20,216||51,298|
|Cost ofsales|||||||||||||||||
|Gross Profit||||||||||||||16,439||44,631|
|Administration
expenses||||||||||||||(15,610)||(44,097)|
|Operating
profit||||||||||||||829||534|
|Foreign exchange loss|||||||||||||||||
|Interest paid on loan|||||||||||||||||
|Amount
gift sided to|charity||||||||||||||||
|Profit/(loss)
for the year||||||||||||||029||534|
|Balance sheet||||||||||||||2020
2||2019f|
|Fixed assets|||||||||||||||||
|Current assets||||||||||||||41,607||42,696|
|Current liabilities|||||||||||||||||
|||||||||||||||6,244||5,415|
|Repmsent
by|||||||||||||||||
|Revaluation
reserve|||||||||||||||||
|Profit snd loss account||||||||||||||6,244||5,415|
|||||||||||||||6,244||5,415|