2021-09-30-accounts - Cynthia Spencer Hospice Charity

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CONTENTS				PAGE
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	10934348
Charity number		1174402
Directors	&Trustees	Pam Nock (Chair)
		Peter Hannon (Vice- Chair)		(resigned 28 Feb 2022)
		Stephen Potter (Treasurer)
		Peter Nock
		Paula Ollive (resigned	28 Feb 2022)
		Russell Douglass
		Michelle Myers
		Danielle Soto
		Rosalyn Young (appointed 28 Feb 2022)
		Karen Toseland (appointed		28 Feb 2022)
Registered	office	Cynthia Spencer Hospice Charity Office
		Manfield Health Campus
		Kettering 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

				Unrestricted	Restricted	Designated	30	30
				funds	funds	funds	September	September
			Notes				2021	2020
							Total	Total
Income:
Donations and legacies				804,911	22,433		827,344	822,986
Other trading activities				650,764			650,764	628,580
Income from Investments				41,526			41,526	68,012
Total Income				1,497,201	22,433		1,519,634	1,519,578
Expenditure:
Expenditure on raising funds				772,722			772,722	806,978
Chaditsble activities				843,232	90,233			658,772
Total Expenditure				1,615,954	90,233		1,706,187	1,465,750
Net incomel (expenditure)		before
gains and losses on investment								53,828
Gain/(loss) on fixed investments				126,428			126,428	(109,461)
Gain/(loss) on current investments
Net income/(expenses)	before transfers			7,675	(67,800)		(60,125)	(55,633)
Transfers between funds				408,976
Net income/(expenditure)				416,651	2,054	(478,830)	(60,125)	(55,633)
Gains/(losses) on revaluation		offixed assets
Net movements in funds	in	the year		416,651	2,054	(478,830)	(60,125)	(55,633)
Reconciliation offunds:
Total funds brought forward				1,974,150	13,329	3,219,293	5,206,772	5,262405
Total funds carried forward				2,390,801	15,383	2,740,463	5,146,647	5,206,772

							Registered Number:	10934348
					Group	Group	Charity	Charity
					2021	2020	2021	2020
				Note
NON-CURRENT	ASSETS
Tangible assets				10	17,640	21,211	17,640	21,211
Intangible assets				11		76		76
Investments				12	1,245,701	1,134,066	1,245,701	1,134,066
					1,263,341	1,155,353	1,263,341	1,155,353
CURRENT ASSETS
Stock					9,958	13,072	4,153	5,198
Debtors and prepayments				13	101,826	326,422	102,624	355,118
Cash at bank and	in hand				3,947,154	3,904,050	3,945,299	3,871,037
					4,058,938	4,243,544	4,052,076	4,231,353
Oar:*	r	r	r		~r	nr. l	~(Ar	(r, »i
NET CURRENT ASSETS					3,883,306	4,051,419	3,870,051	4,045,176
TOTAL ASSETS	LESSCURRENT	LIABILITIES			5,146,647	5,206,772	5,133,392	5,200,529
NET ASSETS					5,146,647	5,206,772	5,133,392	5,200,529
Funds
Unrestricted funds:
General fund				15	2,390,801	1,974,150	2,377,545	1,967,906
Designated funds				15	2,740,463	3,219,293	2,740,464	3,219,294
					5,131,264	5,193,443	5,118,009	5,187,200
Restricted funds				15	15,383	13,329	15,383	13,329
TOTAL FUNDS					5,146,647	5,206,772	5,133,392	5,200,529

								Total funds	Total funds
								30September	30September
								2021	2020
							Notes
Net cash	used	in operating	activities				18	4,230	(230,254)
Cash flows from investing			activities
Dividend	and interest income							41,526	68,012
Purchase	of property, plant and			equipment				(17,445)	(998)
Sale offreehold		land and buildings							225,000
Purchase	ofintangible assets
Purchase/	Sale	ofcash investments						14,793	8,386
								38,874	300,400
(Decrease)/Increase in cash			and cash equivalents			in the year		43,104	70,146
Cash and	cash	equivalent at	the	beginning	ofthe	year	19	3,904,050	3,833,904
Total cash and		cash equivalent		at the end	ofthe	year	19	3,947,154	3,904,050

Income fr	om donations	and legacies
				2021	2020
				6	6
Donations				524,830	493,904
Legacies				302,514	329,082
Donated services - Office		rent donated
				827,344	822,986
Income from fundraising
				2021	2020
				6	6
Events and fundraising				181,996	158,119
Retail income				281,711	278,473
Lottery income				187,057	191,988
				650,764	628,580
Investment	Income
				2021	2020
				6	6
Bank interest				16,210	37,815
Dividends	received			25,316	30,197
				41,526	68,012
Analysis ofexpenditure		by activity
				2021	2020
			Note	6
Fundraising	direct expenditure			70,918	62,230
Retail expenditure				247,185	319,645
Fundraising	salaries			245,855	231,146
Overheads	and support costs		6	208764	193,957
				772,722	806,978

Group
		Freehold	Fixtures &	Leasehold	Shop costs	IT	Total
		Land and	Fi(0ngs	improvements		Equipment
		Buildings
		6
COST OR VALUATION
At 1 October 2020			21,748	59,887	15,117	33,776	130,528
Additions			962	14,496		1,987	17,445
Transfer
Disposals
At 30September	2021		22,710	74,383	13,163	35,763	146,019
DEPRECIATION
At 1 October 2020			21,748	40,749	14,882	31,938	109,317
Charge for the year			267	18,958	235	1,556	21,016
On disposals					(1954)		(1954)
At 30September	2021		22,015	59,707	13,163	33,494	128,379
NET BOOK VALUE
At 30September	2021		695	14,676		2,269	17,640
At 30September 2020				19,138	235	1,838	21,211
Charity
		Freehold	Fixtures &	Leasehold	Shop costs	IT	Total
		Land and	Fittings	improvements		Equipment
		Buildings
		6
COSTOR VALUATION
At 1 October 2020			21,748	59,887	15,117	33,776	130,528
Additions Disposals			962	14,496		1,987	17,445 ~(,9
At 30September	2021		22,710	74,383	13,163	35,763	146,019
DEPRECIATION
At I October 2020			21,748	40,749	14,882	31,938	109,317
Charge for the year On disposals			267	18,958	235	1,556	21,016 ~(.9
At 30September	2021		22,016	59,707	13,163	33,494	128,379
NET BOOK VALUE
At 30September	2021		695	14,676		2,269	17,640
At 30September 2020				19,138	235	1,836	21,211

Intangible assets
Group and charity
					Website
					costs
COST OR VALUATION
At 1 October 2020					14,670
Additions
Disposals
At 30September	2021				14,670
DEPRECIATION
At 1 October 2020					14,594
Charge for the year					76
On disposals
At 30September	2021				14,670
NET BOOK VALUE
At 30September	2021
At 30September 2020					76
Non-current asset investments
		Group		Charity
Land		2021	2020	2021	2020
		6			6
Land - 5.5acres Braunston		67,500	67,500	67,500	67,500

properly i	s	estimate	d	by the Tr	ustees to	be n	egligible
											Group				Charity
Listed Investments											2021		2020		2021		2020
											6		8				6
Valuation	and net book amount				at 1 October		2020				1,066,566		1,184,413	1,066,566		1,184,413
AddiTions
Disposals											(14,793)		(8,386)		(14,793)		(8,386)
Unrealised		gain/(loss)									6, 8
Valuation	on at 30		September 2021								1,178,201		1,066,566	1,178,201		1,066,566
Listed investments				are stated	at their	mid	market	value		at	the Statement	of	Financial	Position	date, unless	this	is not
significantly		different		from that	disclosed,	where previous			value		is maintained
											Group				Charity
											2021		2020		2021		2020
											f		6		6		6
Total Non-Current			Asset Investments								1,245,701		1,134,066	1,245,701		1,134,066

DEBTORS
		Group		Charity
		2021	2020	2021	2020
		8	8	8	6
Trade debtors		1,067	1,220	1,865	410
Intercompany	Account				29,507
Other debtors		8,990	9,594	8,990	9,594
Prepayments	and accrued income	91,769	315608	91,769	315607
		101,826	326,422	102,624	355,118

CREDITORS	- Amounts falling due within one ye	ar
		Group		Charity
		2021	2020	2021	2020
		8	8	8	8
Trade creditors		75,555	118,317	75,291	113,620
Intercompany	Account			6,657
Other taxation	and social security	11,300	11,410	11,300	11,410
Other creditors		4,641	12,123	4,641	10,872
Accruals		84,136	50,275	84,136	50,275
		175,632	192,125	182,025	186,177

Statement ofFunds (continued)	Statement ofFunds (continued)	Statement ofFunds (continued)	Statement ofFunds (continued)
Charity - 2021
					At 1st	Incoming	Outgoing	Other gainsl	Transfer	At 30th
					October 2020	ResoUrc88	ResoUic88	(losses)	between	September
									funds	2021
									E	E
Unrestricted Funds
General Fund					1,967,906	1,484,281	(1,610,046)	126,428	408,976	2,377,545
Designated Fund	- Hospice Support
Total Unrestricted		funds			5,187,200	1,484,281	(1,610,046)	126,428	(69,854)	5,118,009
Restricted reserves
Hospice at home						19,967	(90,403)		70,436
Lymphoedems Restricted			Fund			88	(72)		(16)
Palliative Neurology		Service Restnnned		Income
End of Life Care
Wegbeing						568			(566)
CNS Nurses Fund					1,330	355				1,685
CCG Fund					11,014					11,014
Woodland Walk						1,334	696			2,030
Dreams' appeal					985	124	(455)			854
Totalrestricted	funds				13,329	22,434	(90,234)		69,854	15,383
TotslFunds					5,200,529	1,506,715	(1,700,280)	126,428		5,133,392
Cnarity - 2O2O
					At 1st	Incoming	Outgoing	Other gains/	Transfer	At 30th
					October 2019	ResoUrces	ResoUrces	(losses)	between	September
									funds	2020
									5	E
Unrestricted Funds
General Fund					2,022,085	1,421,509	(I,344,354)	(109,461)	(21,873)	1,987,908
Designated Fund	- Hospice Support
Total Unrestricted		funds			5,255,076	1,421,509	(1,344,354)	(109,461)	(35,570)	5,187,200
Restricted reserves
Hospice at home						20,927	(55,197)		34,270
End of Life Care					1,246		(1,271)		25
Dreams' appeal						1,230	(245)			965
Wegbeing						1,861	(1,861)
CNS Nurses Fund					668	662				1,330
CCG Fund						53,011	(41,997)			11,014
Woodland Walk						163	(1,438)		1,275
Total restncted	funds				1,914	77,854	(102,009)		35,570	13,329
Total Funds					5,256,990	1,499,363	(1,446,363)	(109,461)		5,200,529

		General	Designated	Restricted	Total Funds
2021		Funds	Funds	Funds
					2021
				f	f
Fixed assets Current assets Current liabilities		2,566,433 ~5,632	1,263,341 1,477,122	15,383	1,263,341 4,058,938 ~175,632
		2,390,801	2,740,463	15,383	5,146,647
		General	Designated	Restricted	Total Funds
2020		Funds	Funds	Funds
					2020
			f.	f	f
Fixed assets			1,155,353		1,155,353
Current Current	assets liabilities	2,166,275 ~92,725	2,063,940	13,329	4,243,544 ~792,725
		1,974,150	3,219,293	13,329	5,206,772
Commitments
				2021	2020
Group				f
No later	than one year			77,501	81,729
Later than one year and not later than five years				282,052	286,553
Later than five years				23,333	93,333
				382,886	461,615
Charity				2021f	2020f
No later	than one year			77,501	81,729
Later than one year and not later than five years				282,052	286,553
Later than five years				23,333	93,333
				382,886	461,615

Reconciliation ofnet movements in funds	Reconciliation ofnet movements in funds	Reconciliation ofnet movements in funds	to	net cash	flow from operating	flow from operating	flow from operating	activities	activities
																2021		2020
																8		8
Net movement In funds															(60,125)			(55,633)
Deduct dividend and interest income from investments															(41,526)			(68,012)
Deduct (loss)/gain on investments															(126,428)			109,461
Increase In stock																3,114		408
Decrease/(Increase) in debtors															224,596			(220,745)
Decrease in creditors															(16,493)			(25,974)
Add depreciation															21,016			33,158
Profit on disposal offixed	assets																	(3,834)
Add amortisation																76		917
Revaluation surplus
																4,230		(230,254)
Analysis ofcash and cash equivalents
																2021		2020
																		2
Cash at bank and in hand															3,947,154			3,904,050
Unexpended investment	cash
															3,947,154			3,904,050
Activities togenerate funds: Trading		subsidiary
The chanty controls Cynthia Spencer Hospice				)/entures	Limited	which is incorporated				in England		and	Wales. The subsidiary			is a trading		company
that transfers its taxable	profit to the charity		by	a Gift Aid Dedaration.			A summary		of the trading		results		is shown	below	The	principal	activity of the
company during the year	was providing	trading		ac5vities on behalf		ofCynthia		Spencer Hospice Chanty, a charity registered							in	the UR
																2021		2020
Profit and Loss Accourit																6
Turnover															12,920			20,216
Cost ofsales
Gross Profit															10,870			16,439
Administration expenses																(3,859)		(15,610)
Ope/afing profu																7,011		829
Foreign exchange loss
Interest paid on loan
Amount gill aided to chanty
Profit/ (loss) for the year																7,011		829
Balance sheet																2021		2020
																5		2
Fixed assets
Current assets															13,520			41,697
Current liabilities
															13,255			6,244
Represent by
Revaluation reserve
Profit and loss account															13,255			6,244
															13,255			6,244