Registered number.. 10934348 Charity number: 1174402 CYNTHIA SPENCER HOSPICE CHARITY (A company limited by guarantee) REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Cynthia Spencer Care, Support, Choice
CYNTHIA SPENCER HOSPICE CHARITY FINANCIAL STATEMENTS PERIOD ENDED 30 SEPTEMBER 2024 CONTENTS PAGE Reference and administrative details of the charity. its trustees and advisors Trustees, Report Independent Auditorfs Report Consolidated Statement of Financial Activities 12 Consolidated Statement of Position 13 Consolidated Statement of Cashflows 14 Notes to the Consolidated Financial Statements 15
CYNTHIA SPENCER HOSPICE CHARITY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISORS PERIOD ENDED 30 SEPTEMBER 2024 Company registratlon number 10934348 Charlty number 1174402 Dlrectors & Trusteès Pam Nock (Chalr) Stephen Pott8r (Treasurer) Peter Nock Russell Douglass Michelle Myers Danielle Soto Rosslyn Young Karen Toseland Harriet Thompson David Brodala Appointed 26 February 2024 Appointed 30 Sept8mber 2024 Registered office Cynthia Spencer Hosplce Charity Offi Manfield Health Campus Ketterlng Road Northampton NN3 6NP Audltor 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
CYNTHIA SPENCER HOSPICE CHARrrY THE REPORT OF THE TRUSTEES PERIOD ENDED 30 SEPTEMBER 2024 The Trustee5 are pleased to present thelr annual report together with the consolidat finana81 statements of the charity and its subsidiary for the year ended 30 September 2024. which are also prepared to meet the requirentS for a dlrectors. report and accounts for Companles Act pulposes. The financial statements comply with the Charittes Act 2011, the Companies Act 2006, the Mèmorandum and Artides of AssocAation, and Aco)unting and Repcrfting by Charilles: Statement of Recommended Practice Applicable to charibes preparlng theSr acwunts in accordance wllh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102Moffedive October 20191. Chalf8 Rèport As we reflect ¢)n 2024. 1 am IncdIblY proud of the campaign5 and initiatives undertaken by our fundraising and marketing teams. as well as the unwavering support from our corporate and publlc communlties. Desplt& the financial thallenges brought on by the lingerin9 impacts of COVID-19, as well as broader economic pressures. the Cynthia Spencer Hospi Charity has remained resilient in its rnission to provide outstanding care. The past year has been marked by tK>th opportunibes and obstacles. We've faced advwse weather condltions during some of our events and must now prepare for Ihe economic challenges posed by dslng taxes and nalSonal insurance rates. These reallttes phastte the Importance of innovation in our approach to fundraising to ensure the long-tem) sustalnablllty of our services. Through 11811, our team has demonstrated remarkable adaptsbSltty, reslllence, and dedicatlon. 18m truly proud of everyone who has contrfbuted to our contlnued success. enabling us to provide vitsl palliative and end-of-life eare to the communlty. Celobratlng Compasslonato Carn One of the hlghllghts thls year has been Ihe recognition of the iftcredible wort( undertaken by our teams in the Inpatient Unit, Hospice@Home. wel1bn9@CYnthlaSpencer, and SPC Community Teams. Their compassionate care profoundly Impacls patlenls and families. as evSdenced by the heartfelt testimonia15 shared al fundraising events Ilke the Tree of Love Service. A p8rtScularly meanln9ful development this year was the creation of a dedicated space for children and young wple at the hospice. Thls Inltlative, lunded by a local tsmily in mem¢)ry of thar loved one and supported by the Family Support Team. Inpatient Unit slaff, and Bright Horvzons, has creatwj a Calming retreat for children lo find solace during difficult times. This space reflecis our commitment to holislic care. addressing the emotional and psychologlcal needs of families alongslde our clinical serylc8s. Such initiatives demonslrale Ihe hosplce's commltment to providing holistic care for all individuals, ensuring thdr emolty)nal. physical, and psychologi(al well-being. while also offering meaningful spaces for remembrance and refledon. We are extremely prLwd to have been able to support and facilitate thSs Iniuatlve. Fundralslng and Retail Achievement$ Our furKYraising and retail teams, bolster by an exlraordinary neknrk of volunteers. have workad tirelessty to ensure the financial sustainabilbty of our hospice services. In a year of economic hardship. their ingenuity. tenacity. and hard work have Instrumental in raising £1,545.866. This collective effort has supported.. - 372 patlents cared for in the Inpatrent UniL - 3,243 calls or vl$lts by the Hospice@Home team to Patients and famllSes. - 843 day attendanc al Wellbeing@CynthiaSpencer. - 14.272 patlent and famlly Contacts by the SPC Community Team. These a¢hlevements undgrscore the impact of your generous conldbutlons, whether through tlme, money. or partiapation In vlrtual and in-person events. Facing th• Future Looklng ahead, we recognize Ihat the economic farKY5cape of 2025 11 present addS1Sonal challenges for our clinical. fundralsing. and retail teams. Rising living Costs and economi¢ uncertainty are expected to influence publlc donatlons. which. in turn, may impact the delivery of our slaffing. services. and future developments. However. we remain committed to overMIng these obstacles. With your contlnued support. we can navigate the road ahead and ensure that Cynthia Spencer Hosplce contSnues lo deliver compassionate care to those who newj it most. Gratitude To everyone who has contributed to our success ihis Yearhether by taking on challenges. donating tsme or money, or supp¢Jrting our virtual and In-person evenls-thank you. Your support is the lifeline that enables us to ca for patients and Iheir familie5 now and in the future. Together, we art making a lasting dlfference. Pam Nock ChaSr of Twsteos Date... b,e)3 a?
CYNTHIA SPENCER HOSPICE CHARITY THE REPORT OF THE TRUSTEES {¢ontlnued) PERIOD ENDED 30 SEPTEMBER 2024 Our purposes and actlvitigs Our ml$slon is to assist Cynthia Spencer Hospice to help people and thelr families living with life-limiling illness have quality tlme tojelher by delivering expert care, both in the hospice and in the community. Cynlhia SpenGer Hospice Charity supports the care of patients in Cynthia Spencer Hospice and the comnwnity require Specialist Palliative Care. We do this in partnership wilh craneY Hospice Trust by commissioning and fvnding the provision of spe¢lallsl palliative care to patients. We also support patients in their chosen place of care at the end of life. elther in Ihe Hospice or th• pats'enl$' homes. Our vision is a community wher8 everyone has equitable and falr access to specialist end of Ilfe care and tralnlng. To ensure the charity is worklng towards thks vision the Trustees review the aims, objectives and activities of the charity ea¢h year. This report looks at what the charity has achieved and the outcomes of its work in the period. In shaping our objectives for the year 8nd planning our actlvitles, Ihe Trustees have considered the Charity Commission's guidance on public benefit, including the given guIdan'PUb]ie benefil.. running a charity IP82}'. Our strategi¢ objectlves Our Strategic Objectives for 2024-2029 To be part of our communlty We will communicate and engag& with our community to ensure we understand whal they negj, and they understand our purpose. We will work in collaboration with our partners and stakeholders to improve our presence 8nd impact in the community. We will contribjte to evidence-based knowledge to commission a rmre Tobust Palliative and ETrJ of Life care support system for Wesl Northamptonshlre. We will influence and support the provislon of equitable and fair aCsS of Palliative and End of Life care servicEs across the county. o commission end of life Garo that evoryon• has equitable and fair access to. To providg Palliative and End of Life rAre tralnlng and educo110n. We will work with the Training and education Task and Finish Group lo establish the training and education needs for the county. We will work in collaboration with our partneTS and stakeholders lo provide focused Palliative and End of Life care educatlon programmes to the public. care homes and professionals. We will support innovative working and clinical service design that will enhan and improve Palliative and End of Lrfe care services acros$ the county. We will establish innovative and cxeative fundraising and retail strategies. o be innovatlve To Improve ourfinancial and operatlonal resllion¢o We will diversify revenue streams and build financial resilience. W8 will strengthen our operational efficiency and flexibility- Our strategic priorities are almed at allowing the charity to fill Its purpose to :_ Supp)rt the provision of Specialist Palliative and End of Lrfe Care for our cnmmunity. Wesl Northamptonshire. SuprA)rt patients their familles and loved ones with all aspects of life limiting illness, death and dying. Work in collaboration with our health, soci81 and volunteer sector partners to imwove outcomes for those living with a life limiting illness. Provide speciallsl advice. support, education and tralning for healthcare providers and our communities to Improve understanding of Palliatlve and End of Life Care.
CYNTHIA SPENCER HOSPICE CHARITY THE REPORT OF THE TRUSTEES (¢ontlnued) PERIOD ENDED 30 SEPTEMBER 2024 Flnan¢lal Revlew In this financial period our amazing supporters have raised £1.545,866 {2023: £1,762.379}. This income is a collective effort, realized through the generosity of individual donors, cDrporate partners, event participants, legacy donors, ¢hallervJe enthusiasts, shoppers, and lottery players, all navigaling extraordinary circumstances. The oulpouring of support from our o)mmunity has been nothing short of remarkable. Amidst personal economic struggles, our supporters have dedicated their lime, offered donations, and actively engaged wth our evenls. We are profoundly grateful for this display of solidarity and commitment to our cause. an* hwesi GeRerold(wdon5 20% Retsii Incc4ne_ E¥ent In¢omÈ 12% L4acles - Supwt LotterylnrTh . . Communiiyfvndralsln¥ 11% Our Communlty Fundraising team has been the driving for behind an impressive £153,851 in income, thanks to you and the hard work of everyone involved in raffles. events, and hampers. Our Corporate Supporters have been robust. rallying together to raise £127,259. Local businesses have worked vthh our Corporate Fundraiser. Nina, to forrn partnership5 which we hope have helped Ihem as much as it has helped us. Online retail activity has surged, with sayry consumers in Northamptonshire and beyond rrjntributing £351.953 to our retail income The success of our Lottery has continued. with players generating £158.970 in income. Our heartfelt thanks go to Ihose who have made In Memory and General Fundraising donations, which have totalled £284.604. Legacies have provided a tribUtIon of £66.889. The impact of these gifts Is immeasurable, and we extend our deepest gralllude to the families 2nd executors who have thought of us. Our Collecllon boxes and street collections supported by the local community and buslnesses have raised a fantastic £18,574 - proving that every penny really does countl This achievement could not have been possible thOut the dedication of volunteets, local businesses, and the diligen of our Donor and Finan Lead. Sarah. and Charity Administration Assistant, Jackie. Our Events and Challenges this y8ar have been a testsment lo our mMunIty5 commitment, wth £169.506 raise(l. The Events Team 15 already preparing for 2025 wth the ambilion to make it a reCord-baking ye8r Vth the wnlinued support of our )mMunIty. Volunteer3 at Cynthia Spen¢or Specjal thanks must go to our team of 94 dedicated volunteers that work alongside our fundraising team as wilhoui them we would not be able to achieve all that we do. Their support ver$ a range of activlll8s including administration in the office. helping at events. retail sUPPOrt and as Trustees of the charity.
CYlffHIA SPENCER HOSPICE CHARITY THE REPORT OF THE TRUSTEES (¢onlinuod) PERIOD ENDED 30 SEPTEMBER 2024 Flnancial Review (continued) What hav8 wa spent the money on The chart below shows a breakdown of our expenditure. Our total expenditure for the period is £2,088,488 (2023: £2,017,014). ftetsii $ts 22% lknplce Rynhlngcosts OihEr Fundrn151 7% CrNp¢Kaii Fundra151ni 4% C¢Thmutslty FuThdratslnu 2% Fundralslns 5% During th8 year we have spent £1,074,37312023.' £1,147,504) on hospice running costs. This includes clinical staff costs for services including the Wellbeing Centre and Hosplce at Home and the inpatient unit plus we have continued to fund psychologist rol6 during the year. Reserves Policy In the Trustee's view, the resèrves should provide the charity wth adequate financlal stability and the means for it to meet its charitable objectives for the foreseeable fuiure. The Trustees propose to maintain the charlty's unrestrided reserves at a level tCh is at least equivalent to one yearfs charitable and operational expenditure. This decision is based on the charity's operational objeotive and Ilkety funding. The charity's management committee considers that the general unrestricted reserves (including designated reserves) of £4,51 5,196 at 30 September 2024 are sufficient to sustain its present operations should income ganerating aGtivities be curtailed over the forthcoTning year. The charity requires £2,271,154 short temi reseNes to sustain and improve our support of the Hospice over the nexi 12 months. Our reserves policy states that the Trustees should perform a risk assessment to identify the additional short tern reserves we need to keep for unexpected items such as changes in NHS funding. Our assessment as at 30 September 2024 identified additional short term reserves of £1,415,600. In total we require £3,686,754 short term reseNes. The balance of the reseNes as at 30 September 2024, £828,442 will be invested in line with our investment policy to ensure that the charity generates an appropriate return at an accept8ble level of risk. We will continue to monitor our reserves in line with our reserves policy. in conjunction with cash flow forecasts. and expectations to ensure there will be adequate funds available. The Twstees are exploring opportunities for funding further sen4ic8 development, but this will tske tim8 to come to fruition and is dependant on the external servi provider. Investment Policy In accordan with the charity's constitution, the trustees have the power to invest in such stocks, shares, investments and property as they see fft. The trustees are mindful of the recommendations of the Charity Commission with regard to the management of investments and have Set up a sub group of Trustees to focus on investments. The charity has also develop8d a formal investment policy and strategy which has been approved by the tru5t8es.
CYNTHIA SPENCER HOSPICE CHARI THE REPORT OF THE TRUSTEES (continued PERIOD ENDED 30 SEPTEMBER 2024 Rlsk Management The trustees have a risk management slrategy which mpriSeS.. an annual revtew of Ihe principal risks and uncertainties that the charity and its subsidiary.. the estsblishment of policies. systems and procedures to mitigate thi)se risks identified in the annual review,. and the implementalion of procedures designed to minimise or manage any potential impact on the charily should those risks materialise. The charit*s management committee has assessed the major risks to which the charity is exposed. The key risks identified are income generaln, our commercial operation and compliance {Fundraising Standards and Data Protection). The risks are documented and appropriale systems put in place to mitigate the exposure. Attention has also been focussed on non-financial rlsks arising from fire and health and safety. These risks are managed by ensuring acCrJ1tatIOn is up lo dale, havlng robust policies and procedures in place, and regular awareness training for staff and volunteers working in these operalional areas. Structure, Govemanco and Managomont Governing Documont Cynthia Spencer Hospice Charity is a charllable company limited by guarante6. The company was in(x)rporated under a Memorandum of Association on 25 August 2017 and is a regislered charity, number 1174402. 11 received charitable status on 29 August 2017. The members of Ihe company are the trustees named on page 1. In the evenl of the company being wound up, Ihe liability of the members in respect of the guarantee is limited to £1 each. The charity previously operated as an unincorporaled charity which was founded on 20 March 1991. With effect from the 1 October 2017, the assets of the unincorporated charity, registered number 1002926. were transferred to the charitable company. Appointment of Trustsès The trustees who setved during the year are listed on pa9e 1. Twstees are elected by the board of trustees with appointrnenls and reappointments being decided on an annual basis. Trustees have the FX)wer to appoint new trustees on an interim basis until the next AGM. Trustees IndU10n and tralnlng New trustees are interviewed by the Chief Executive Officer and trustees prior to recommendallon for appointment, during which time they will have had the vision and strategy of the charity explained to them and receive an Induction Pack. New truslaes are prOvId wilh a copy of the Charity Commission publications 'Welcome lo new Trustees, and The Essential Trustee.. What you need to kno, C¢)dè of Conduct and Job Description. Organlsallonal structure and decision making The trustees set thè straleglc agerKia and general policy of the charity. The day to day affairs of the charity are managed by the Chief Executive, who reports to the chair of trustees. The Chiaf Executive presents comprehensive reports to the Irustees at board meelings, which are held rnonthty. Within the organisallon there are also a number of sutpcommittees, which are set up to VIeW each aspect of govemance in more detsil. Each sUtCOmmittee is made up of trustees and Support by senior slaff. Each committee reports back to the board of truslees. Pay pollcy for senlor slaff The directors consider the board of director$, who are the Charitys trusteas, and the sènior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the Charity on a day to day basis. All directors give of their time freely and no director received remuneralkin in the year. The pay of the senior staff is reviewed annually and normalty increased In accordan with average eamings. In v¢ew of the nature of the charity. the directors benchmark agalnst pay levels in other charities of a similar size. The remuneration b8nchmark is the mid-point of the range patd for similar roles.
CYNTHIA SPENCER HOSPICE CHARITY THE REPORT OF THE TRUSTEES (continued) PERIOD ENDED 30 SEPTEMBER 2024 R•lated Partles The Charity is the major controlling paty of the Cynlhia SpenGer Hospice Ventures Limited, a Gompany incorporated in England and Wales. The companws principal activty is to provide trading activities on behalf of the Charity. Trustees. responsibilitie5 in relation to the financial statements The charity trustees (who are also directors of Cynthia Spencer Hospi Charity for the purposes of company law) are responsible for preparing a trustees, annual report and financial statements in accordan wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accouniing Practi). Company Law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the slate of affairs of the charitable company and the group and of the incoming resources and application of resources. including the income and expendilure. of the charitable group for the period. In preparing the financial statements. the trustees are required to- select suitsble accounting policies and then apply them consistentiy., observe the melhods and principles of the Charities SORP. make judgements and estimates that are reasonable and prudent., stale whether applicable UK accounting standards have been followed, sublecl to any materfal departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charlty will contlnue in busine5S. The trustees are responslble for keeping proper records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them lo ensure that the financlal statements C£*mply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taklng reasonable steps for the prevention and detection of fraud and olher irregularities. The trustees are responsible for the maintenance and integrity of the corporale and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement as to disclosure to our auditors In so far as the Trustees are aware at the time of approving our trustees, annual report.. there is no relevant information. being infomialion needed by the auditor in connection with preparing their report, of which the group's auditors is unaware. and the trustees, having made enquiries of fellow directors and the group's auditor that they ought to have individually taken. have each taken all the steps that helshe is obliged to take as a director in order to make themselves aware of any relevant audit information and to establish that the auditors are aware of thal information. Signed on . . on behalf of the Trustees by.. Pam Nock Chair of Trustees
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CYNTHIA SPENCER HOSPICE CHARITY PERIOD ENDED 30 SEPTEMBER 2024 Opinion We have audited the financial statements of Cynthia Spencer Hospice Charity (the 'parent charitable companv) and its subsidiaries (the 'group') for the period ended 30 September 2024 which comprise ststement of Financial Activities. 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 FinanGial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepled Accounting Practice). In our opinion. the financial statements= give a true and fair view of the stste of the group's and parent charitable companys affairs as at 30 September 2024. and of Ihe group's incoming resources and application of resources, induding its income and expenditure, for the year then ended: have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls of Opinion We conducled our audlt in accordance with Intem8tional Standards on Auditing (UK) (ISAS (UK}) and applicable law. Our responslbllities 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 group and parent charitable company in acwrdance with the ethlcal requirements that are relevant to our audit of the financial statements in the UK, Including the FRC'S Ethical Stsndard. and we have fulfill8d our other ethical responsibilities in accordance with these requirements. We believe thal Ihe audlt evidence we have obtalned is sufficient and appropriate to provide a basls for our opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters In relation to which the ISAS (UK) require us to report to you where: the trustees, use of the going concem basis of accounting in the preparation of the financial statements is not appropriate. or the trustees have not disclosed in the financial statements any identified material unrtaIntieS that may cast significant doubt about the group's or parent charitable companls ability to continue to adopt the going concem basis of accounting for a period of at least twelve months from the date when the financial slatements are authorised for issue. Other information The trustees are responsible for the other information. The other infonnation comprises Ihe information included in the trustees, annual report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial statements does not cover Ihe other information and. except to the exient otherwise explicitly stated in our report, we do not express any form of assuran condusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so. consider Nvhether the other Infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misslated. If we identify such material inconsistencies or app3nI material misstatements, we are required to determine whether there is material misstatement in the financial ststements or a material misstatement of the other infomation. If. based on the work we have performed. we conclude that there is a material misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard.
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CYNTHIA SPENCER HOSPICE CHARITY PERIOD ENDED 30 SEPTEMBER 2024 Oplnlons on other matters prescribed by the Companies Act 2000 In our opinion, based on the work undertaken In the course of the audit: the infonnalion given in the truste8s' report (incorporating the directors, report) for the financial year for which the financial statements are prepared is consistent wlth the financial statements; and the directors, report has been prepared in arxordance with applicable legal requirements. Matters on whlch we are required to report by exception In the light of our knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misststements in the directors, report. We have nothing to report in respect of the followng matters in relation to which the Companies Act 2006 requires us to report to you if, in our oplnion: adequate and sufficient accountlng records have not been kept by the parent charitsble company, or returns adequate for our audit have not been received from branches not visited by us,. or the parent charitsble company's financial statements are not in agreement with the accounting records and returns. or certain disclosures of directors, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the trustees. responsibilities statement set out on page 7, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financlal statements and for being satisfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial ststements that are free from material misststement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group's and parenl charitable companls ability to continue as a going con¢em, discloslng, as applicable. matters related to going concern and using the going concem basis of accounting unless the twstees either intend to liquidate the group or the parent charltable company or to cease operations, or have no reallstic altemative but to do so. Auditorfs responsibllltles for the audlt of the financial statements Our obs8Ctives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audltor's report that includes our opinion. Reasonable assuran is a high level of assurance, but is not a guarantee thal an audit conducted in acwrdance wlth ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of th8s8 financial statements.
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CYNTHIA SPENCER HOSPICE CHARrrY PERIOD ENDED 30 SEPTEMBER 2024 The extent to whlch our prOdureS are capable of detecling irregularities, induding fraud is detalled below.. Identifying and assessing potentlal rlsks related to irregularities. In identifwng and assessing risks of material misstatement in respect of irregularities. including fraud and non- compliance with laws and regulations, we considered the following: the nature of the industry and sector, control environment and business perfomance including the design of the Company's remuneration policies, key drivers for directors, remuneration, bonus levels and performance results of our enquiries of management about their own identification and assessment of the risks of irregularities; • any matters we identified having obtained and reviewed the Companys documentation of their policies and procedures relating to: • identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance. detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud" the internal ntrOl$ established to mitigate risks of fraud or non-compliance wth la and regulations,. • the matters discussed among the audit engagement team and involving relevant internal specialists, includlng tax specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist wiihin the organisation for fraud and identified the greatest potential for fraud in relalion to revenue recognition. In common with all audits under ISAS (UK), we are also required to perfomi specific procedures to respond to the risk of management override. We also obtained an understsnding of the legal and regulatory frameworks that the Company operates in, focusing on provisions of those laws anrj regulations that had a direct effect on the detemiination of material amounts and disclosures in the financlal ststements. The key laws and regulations we considered in thls context included the UK Companies Act and local tax legislation. Audit response to risks identified As a result of performlng the above, we identified revenue recognition as a key audlt matter related to the potential risk of fraud. Our procedures to respond to risks identified included the followng- reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulallons described as having a direct effect on the flnancial statements- enquiring of management concerning adual and potential litigation and claims- perfomiing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud" reading minutes of meetings of those charged with goveman obtained an understanding of provislons and held discussions with management to understand the basis of recognition or non-recognition of tax provisions; and in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments,. assessing whether Ihe judgements made in making accounting estimates are indicallve of a potential bias; and evaluating the business rationale of any significant transaclions thal are unusual or outside the normal Course of business. 10-
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CYNTHIA SPENCER HOSPICE CHARITY PERIOD ENDED 30 SEPTEMBER 2024 A further descriplion of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charitable ¢ompanYs members, as a body, in accordance with Chapter 3 of Part 16 of th8 Companies Act 2006. Our audit work has been undertaken so that we mighl stste to the Charitable companvs members those matters we are required to state to th8m in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibilty to anyone other than the charitable company and the charitable companrfs members as a body, for our audit work, for this report, or for the opinlons we have fomed. Martin Crooke FCCA {Senior Statutory Auditor) For and on behalf of Kilby Fox 4 Pavilion Court 600 Pavilion Drive Northampton Business Park Northampton Northamptonshlre NN4 7SL 11
CYNTHIA SPENCER HOSPICE CHARir CONSOLIDATED STATEMENT OF FINANCIAL ACTIVI PERIOD ENDED 30 SEPTEMBER 2024 Unr•strl¢t•d funds Restrleted funds Deslgnated funds Sèpt8rnber 2024 Yotal 30 September 2023 Notss Income: Donations and 18gaThes Other trading activities Income from Investments 650.977 680.430 142.627 71,832 722.809 6BO.430 142.627 1.025.249 642,738 94.392 Total Income 1,474.034 71.832 1.545.866 1,762,379 Exp•ndituro: Expendlture on ralsin9 funds Charftsble acllvltles 1,014,115 809,131 1.014,115 73 869.510 1.147,504 265.242 Total Expendlture 1.823.246 265242 2.088A88 2,017,014 N•t Incom (eXpendr0> b qalns and losses on investment Gainlllossl on fixed inveslrnents Gainlllossl on current invgslrnents Net Incornellexpenses) before transfers Trartsfers beiween lunds 349212 97.322 193AI0 542.622 97.322 $4.635 22,070 1251 WO) 237.860 {193N101 203,098 {445AOOI {232.S65) 34.762 Net Incornellexpendlture) {489.750) 9,688 34.762 (445JOOI 1232.5651 Gainslllosse$l on revaluation of fixed assets Net mo¥emonts In funds In th? year (489.750> 9.688 34.761 (445JOO) {232.565) Recondllatlon of funth: Total funds brought forward 2.570.650 16,227 2,373,619 5,193,061 Totsl funds carrled forwaTd 2.080,900 25815 2,408A81 4.515.196 4960896 The slatemenl of finan¢lal aclivities indude$ all gains and losses recognised in the r. All incom& and expendilure derive from conlinuing activity. Tho notos on pages 15to 241orm partof theselInalI1 ststemerts. 12-
CYNTHIA SPENCER HOSPICE CHARITY CONSOUDATED AND CHARITY STATEhlENT OF FINANCIAL POSITION PERIOD ENDED 30 SEPTEMBER 2024 R•glstsrad Number: 10934348 Group 2024 Group 2023 Charlty 2024 Charfty 2D23 NON4URRENT ASSETS T8n9lble assets Intsngible assets Investrrtents 11 12 13 7,113 19,005 7.113 19.005 1,243.196 1,132,941 1.243,196 1,132.941 1,250,309 1,151.946 1.250,309 1,151.948 CURRENT ASSETS 7.826 141.942 3.274.840 3A24.608 10.561 332,464 3,628.172 3.971.197 5,236 141,612 3,272,630 3.419,478 8.237 332,440 3,627,034 3.965.711 Debtors and prepayrnents Cash al bank and in hand 14 CREDITORS: Amounts falling du• wlthln one >wr NET CURRENT ASSETS 15 (159.721 1162,647 1180.321 (182.956 3,782,155 3.264,887 3.808.550 3,239,157 TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS 4.515.19fj 4,960,496 4,960,496 4,489.466 4,489,466 4.934,701 4,934.701 4.515.196 Funds Unrestri¢t¢d fvnds: General fund Designated fvnds 16 16 2,080,9110 2.408,381 2,570,649 2,373,619 2.055.168 2,408,383 2.544.852 2,373.621 4,489281 25.915 4515.196 4,944,268 16,228 4,960,496 4.463,551 25,91S 4,489,466 4.918.473 16,228 4.934,701 Reslricted funds 16 TOTAL FUNDS The truste85 have prepared group accounts in accordance wth seclion 398 of the Companies Act 20D6 and section 138 of the Charilies Act 2011. These accounts are prepared in accordance with the sperAal provisions of Part 15 of the Companies Act relating to small companie5 and constitute the annual accountg réquired by the Companies Act 2006 and aro for circulation to thè members of the company. crolo312S These finandal statements were approved by the Ifustees and authorised for Issue on ...... tehalf by: . and are signed on thglr Pam Nk Chwity Chalr nrrtes on pages 1510 24 fomi rort of these f4Thanclal 5tatgrnenls 13-
CYNTHIA SPENCER HOSPICE CHARrrY CONSOLIDATED STATEMENT OF CASH FLOWS PERIOD ENDED 30 SEPTEMBER 2024 Total funds 30 S8ptember 2024 Total funds 30 September 2023 Notes Nel cash used In operatlng actlvities 19 (482.367> {202,238) Cash flows from Investing actlvltles Dividend and interest income Purchase of property, plant and equipment Sale of freehold land and buildings Purchase of intsngible assets (Pur¢hase)ISal8 of cash investrnents 142,627 {659) 94.392 (1.869) 117,267 12,933 129,035 (6.142) 203,648 (Decreaseylncrease in Gash arKJ cash equivalents in the year (353.332) 1.410 Cash and cash equivalent at the beginning of the year 20 3.628,172 3.626.762 Total cash and cash equivalent at the end of the year 3.274,840 3.628,172 The notes offt p8Bes 15 to 24 fomi part of thèse financlal statèments. 14-
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES (a) Basis of preparation of finan¢lal stattmènts The fin8nGial statements have been prepared in accordance with Acwjnting and Reporb'ng by Ch8rftles'. Statement of RecA)mmended Pracfice applicable to charrties preparing their accounts in accordance wrth the Financial RewTlin9 Stsndard applicable in the UK ar Republic of Ireland IFRS 102lleffe¢llve 1 January 20151- (Charities SORP IFRS 1021). Ihe Financial Reporting Stsndatd oppli¢able in the UK and Republic of Ireland {FRS 10218nd the Companies Act 2006. Cynthia Spericer Hospice Chaftty mts the dèfinition of a public trneffit entity under FRS 102. As$8ts and liabilibes are inlually rerxjgnised at histortcal cost or transaction value unless otherwise state(l in thè Televant ac£ount wlicy note(s). (b) Fund accounting General fvnds are unreslricted fvnds whrch are available for use 8t the discretion of the mernbers In furtherance of the 98neral objectives of the charity and which have not been desigrbated for other puw$. Designated funds comprise unrestricted funds that have béen set aside by th$ Iwstees for a particular PUfPOSe. The aim of each designated lurhd is set out in the notes to the ffinancial stements. Restrtcted fvnds are funds which are to be used in accLJTdan( sperAfic restrictlons Imposed by donors or whlch have raIS by the charity for particular purposes. The costs of ralslng and administering such lunds are charged agalnst the specsfic fund. The aim and use of each restricted fvnd 5s set out in th9 rotes to the flnaneiol statements. (c) Incoming 0r¢9$ All Inrning resources are induded thIn the SOFA when the chartty Is legally entitled to the income and the amount Can be quantified with reasonable accuracy. For 19gacies, entitkment Is laken as the earfier of the datg on which eithgr.. the charity Is aware that probate has been granted. thg aslate has been finalised and noJficatiorb has been made by the exeoulorl5} to the Twst that a dl$lribuOon TM51 be Made. or when a distribytlon Is received from the estate. Recelpt of a legacy, In whole or in part. Is onty Isidered probable wh8n the amounl cen b8 measured rellably and tho ¢harlty has been noufigd of the executorfs intention lo ake a distribullon. Gifts in kin<1 donated for aistlbudon ole induded at vaEuatlon and recoynlsgd as income when they are distributed to the proJgcts. Glfts donaled for resale P Induded as income when they are SoJ. Donated fadlltles are included at the value to the Gharity where this can be quantified and a third paty Is bearing the cost No amounts are Included in Ihe flnancial stalemgnts for services donatsd by voluntsers. (d) Rèsourcos oxpondgd All expenditure is a¢¢ounted for on an accruals basls and hag been classified under headings that aggwate all costs related to the category. Where ¢osts ¢annot be tJlTecUy aibuted to patbcular headings they have been allocated to activities on a basls ¢onsisterrt with use of the resources. Premises overhfrads have b8en allOted on g fioor area basi5 and thr ovetheads knave been allocated on the basis of thg head count. Fund-rai$in9 cosls are those incurred in seeking voluntary conthbuitM$ and do not include the costs of disserninating knforniation Irb SUPPOrt of the charitable activlties. Support costs are those costs inCued diredly In SUPFQrt of expenditure on the objecls ofihe charity and include project management ¢8rried out at Headquarters. Managemenl and administration costs are those relating to (x)nstituti"onal and stat¢Jtory requlrements. Govemance costs cornpri5e 811 costs inCued in the running of tha tharity. (e) Tangible Fixed A55•ts Dèpr•clation Depreciation is charged so as to write off the c05t of assets. other Ihan land and properties under con5trucllon ovei their estima*d usefvl lives, as follovds.. Office fvmiture IT eqLtipment Leasehold improvements Shop opening (n Intanglble A$8ets Amortisation is charged $0 as to write off th& cost of assets over their useful lives, as fcllows.. Web developmgnl costs 3 years Stroight line 3 years strdighl line 3 ye8rs straight line 3-5 years straight line 3 years $traiglrt line (g) Investments Assets held for investment purposes are valued at market value at the Statement of Financlal Position date where thi5 is matertally different frorn values previously dlsdosed. Net galns and losses arising on revaluauon and di5posa15 durlng the year are included in the statement ol finanolal gcAlviti8s. -15.
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEIAEMTS Iconllnu•dl PERIOD ENDED 30 SEPTEMBER 20Z4 ACCOUNTING POLICES (¢onUnuedl h) contr11xOn$ to Penslon Funds The nSIon costs charg8d 8galnst wofit repre56nl the gmount of th8 COntbut10$ P8Ydble to the scheme in respect of Ihe a¢¢ounting period. Incom• from donallw¥ and leg•d•$ 21124 21123 Donations Lè9aaes Oonaled services- OIfjGe rent donated 655.919 66.890 664.533 360.716 722.809 1,025 249 Income from fundra151ng 2024 2023 Evonts and fundraising Retall irxxjme Lottery Incomè 169. 351.953 158.971 210.898 253.145 178,695 In%Ftmont In¢omo 2024 2023 Bank Intere Dividends fB(*ived 109.212 33.415 64.118 30.276 Anal1¥ of exp•ndlture by•¢llTAty 2024 2023 Fundraising direct wenditu Retail expenditur¢ FuThJralslThJ salariès Overtwds ond p4Jpport costs 106.323 445.524 287.962 174.306 1.014.115 123.922 371,425 247,386 126.7n 869.510 Analpls and alloc•tim of support costs •nd overhoad5 Support Go¥ernonc• Cts 2024 Totsl 2023 Total Support stsff co3ts Extemal audlt fees Prof¥$$ional fees and 8eThlces Offlce costs Depr¢¢iallon and amorli58tion Salg of fixed 8ssets Bank charge$ 23.969 489 9,804 10,174 24.458 24.529 9.253 6.351 134.921 14.710 (64.761) 10,174 137,960 12.551 122.311) 1.670 174,306 137.9BO 12.551 122.311} 153.839 20,487 126.778 16.
CYNTHIASPENCER HOSPICE CHARITY NOTES TO THE FINW4CIAL STATEMENTS (continued) PERIOD ENDED 30 SEPTEMBER 2024 Expendlturo on Charltable activities Unrestrictod Expendllure Restrlcted Exp•ndltura 2024 Totsl 2023 Total Medical Equipment Purchases Core Service Funding Charity Enhancement of Hospice Care 1.207 807,924 809,131 1.207 1,073,166 1,074,373 786 1,146.718 1,147,504 265,242 265,242 Staff costs. trustees remunarallon and expen805 and the cost of kgy managemenl porsonMI 2024 2023 Salaries and wages Social security costs Pension costs 642,950 54,939 19,574 717.463 566,454 43,968 14,837 625,259 The average number of persons employed by the charity during the period was a follows: 2024 2023 Raising Funds Fundraising leam Retsil 12 12 Charitabte activities Support and governance costs Clinical Management Finance Marketing 22 21 No employees had employee benefits {excluding employer pension and cIal security eostsl In excess of £60,000 {2023.' nill. Pension $ts are allocated to activities in proportion to the related stsffing costs incurred and are wholty charged to unrestricted funds. Members {Trusteesl received remunerydtion12023 - Nil) and were not reimbursed for any of their expensès In Ihe year12023- Nil). The key management personnel of the charity comprise of the trustees, Ihe Chief Executive Officer, Fundraising Manager and Strategic Development Manager. The total employee benefits including pension contributions and social security costs of the key management personnel of the Charity were £174,970 {2023'. £180,301). Net In¢omel(Expenditure) 2024 2023 Depreciation Amortisation Profit on $ale of fixed assets Auditors, remuneration 12,551 14,710 (22,3111 9,804 164,761) 9.253 10. Taxatlon As a charity. Cynthia Spencer Hospice Ch?rity is exempt from tsx on income and gains falling within section 505 of th Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the charity. 17-
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS (contlnued) PERIOD ENDED 30 SEPTEMBER 2024 11. TANGIBLE FIXED ASSETS Group Flxtures & Flttlngs Lea88hold Improvements Shop ¢08ts rr Equlpment Total COST OR VALUATION At 1 October 2023 Additions Transfer DistM)sals At 30 September 2024 33,277 75,724 13,163 60.234 659 182.398 659 33,277 75,724 13,163 60,893 183.057 DEPRECIATION At 1 October 2023 Charge for the year On dlsposals At 30 Septsmber 2024 27,290 3,573 74593 13.163 48,347 8,630 163,393 12,551 30.863 74941 13,163 56.977 175,944 NET BOOK VALUE At 30 September 2024 2,414 783 3.916 7,113 At 30 Septemb8r 2023 5,987 1,131 11.887 19.005 Charity Flxtures & Fittings Leasehold improvements Shop costs IT Equipment Tolal COST OR VALUATION At 1 October 2023 Additions Dlsposals 33,277 75,724 13,163 60,234 659 182,398 659 AI 30 September 2024 33.277 75,724 13,163 60,893 183,057 DEPRECIATION At 1 October 2023 Charge for the year On disposals 27.290 3.573 74,593 13.163 48.347 8,630 163,393 12,551 At 30 September 2024 30,863 74,941 13,163 56.977 175,944 NET BOOK VALUE At 30 September 2024 2.414 783 3,916 7,113 At 30 Septernber 2023 5,987 1,131 11,887 19.005 18-
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS (¢ontlnu8d) PERIOD ENDED 30 SEPTEMBER 2024 12. Intsnglbto as$¢l$ Group and charity W•bsits costs COST OR VALUATION At 1 October 2023 Additions Disposals At 30 Septsmr 2024 14,670 14,670 DEPRECIATION Al 1 October 2023 Charge for the year On disposals At 30 Soptombor 2024 14,670 14,670 NET BOOK VALUE At 30 Soptombgr 2024 AI 30 Saptember 2023 13. Non-current a88•t invostmonts Group 2024 Charity 2024 Llstod Investments 2023 2023 Valuatlon and net book aThounl at 1 O¢tober 2023 Additions Disposals Unre815$8d galnl(lossl Valuation on 8130 September 2024 1,132,941 1.104,729 1.132,941 1.104.729 12.933 97,322 1.243.196 6,142 22,070 1,132,941 12.933 97.322 1,243.196 6.142 22.070 1,132.941 Listed Investments are stated at their mid rnaet value al Ihe Statement of FinancAal Posititsn date. unless thls is not signifi¢antly dlffgrenl from that dlsclosed. where previous valuè Is maintained. -19.
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS {contlnuedl PERIOD ENDED 30 SEPTEMBER 2024 14. DEBTORS Group 2024 Ch•rlty 2024 2023 2023 Trade debtors Intercompany Account Other deblo PrepayThonts and accrued incorne 150 170 150 12.078 129,364 29,315 302,999 12,078 129,364 29,315 302,975 141,942 332,464 141.612 332.440 15. CREDITORS - Amounts falllng duo wlthln ong year Group 2024 Charlty 2024 2023 2023 Trade ¢redllors InteTcLJmpany Account Other taxation and social security Oiher ¢redilors Accruals 98,789 88,873 98.789 20.930 12,610 11.053 36,939 180,321 68,873 20,309 13,641 10,3 49,833 12,610 11,383 36,939 159,721 13,841 10,3CKJ 49.833 162.647 182.956 16. Statement of Funds General Fund The Generydl Fund presents the fr88 funds to 5UPPOrt Ihe hospice for the nexi 12 monlhs, whi¢h not designated for parbcular purposes nd provide eertaintythat we ¢an Trwtour obligation$. D•819nat•d Fund- H0•pl SuM)ort The Fund has been designatsd byth8 rntmbers for the general support ol the hospice to enhance the Se¢$ provid$d. The lund is held lo ènhance the bereavement servi, our educational progrydm aThJ WellbdrvJ serO¢es and conbnue ts efihanee our wTrmunity s8Triees. Perforrnance Infomiation for the WellbwThJ service ¢8 being rew8 a COUde Task Finish group has beon impt¢rn8nted lo establish an uTra8r5t8ndiNJ of equity across Ihe county in provision of bspllb8ing and provide an gssessmenl of most effethI modelling fgr IlbeirvJ S1¢ for Northarnptonshire. tt is Iherefore e$aged that the albcated fuTrJs d85ignated for lIbeing %%411 be used In I1 w4th updaks and chan9e$ expo¢ted over th8 next 3 yeats. H08plce at Home- restri¢t•d fund This fund supports patvants and famity at home. Dr•am8' Appoal Fund- r•strl¢tsd fund This fund provides surprfse outings and treats for patiqFts. 85 requostert by the nursiro slafl at th8 hospice. 'suriSes. are arrangèd by the staff; the Charity Manages the funds M tkir beham. En¢J of Lrf• Caro- ro8trtthd fvnd This is monies held ¢)n behalf of the End of Life Care Tearn, based at the Hospic. for thelr tralning. equipmeni aNJ supplies for palients. Woodland Walk- r8stfi¢tsd fund Thls fund suptort$ Ihè èxpansion ol Ihe wDodl8nd walk to prowde full acc8ss lo patients and familles. CNS Nurs¢s Fund- trIcted fijnd This fund suppxjrts ts seTrl¢es prgwded bythe CNS Nurses. CCG Fund- regtrl¢led fur Thts fund is monies hekl lo provide Irainirg lo the clinical team at Ihe hospice. Wogdland Room. r•8ttleted fund Thi5 is a one t)ff Iw)d to SUPkX)rt the building and fumi$hing of the newwocxjland room at th9 hospice thich will prowde an exlra Spa to patients and families. M¢mory BoX- rè•trJeted fund Funds received bro utili5ed for Ihe 8"on of 1ndldual memory boxeswhh are provided tts patienfs relalfves orfri?nds. 89rngv•mgnt rvI¢0$- ro#trlthd fvnd Funds recelved to supporl our n8w Hummirobird Ber•avernent servke telng launched in March 2024.
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCi4L STATEIIENTS l¢ontinu8dl PERIOD ENOED YO SEPTEMBER 2024 16. 8tatem¢ntol Fund• l¢onUnu0dl Gmup. 2024 At 1 October 2023 I¢)MIrj Oulgolng Other galngl 1108•051 Trnnsfvr bètwe8 lunds At30 septÈmr 2024 Unresirfcted Funds Gen Fund suLEryUndertaknng 2,449.164 121.485 2.570.649 1,455.751 18281 1,474.032 11,814,013) 9.231 11.823.244) 97.3ZJ 1237,8601 1.950.36S 130,535 2,080. 2.408.381 97,3r8 1237.8601 34.762 Deshanated FtJrtd- Hospke sUprt 2373.619 Total UnrBstrlctqd fund8 4.944.268 1.474.032 11.823.244) g7.3r6 1203.0981 4,489.281 Re•trFct8d ro8oNes HOspe8t Ix)me Lyrnphoedema Re5trtted Fund Pallalive Neurdoyy serv Restrtted Irtorl End ofLrfe Care Wdlbeing CNS Nurse¥ Fund CCG FUTh W(K)dland Walk Hospe redecoralon Dreams. appeal Boy85 WcothaThd Room 11.766 387 191,1761 79.410 387 110.88fj1 1114,8261 10,886 108.688 6.139 T05 1.846 11.014 1,126 2,551 11,014 1.126 2,508 12.4691 11,5441 2.224 18 100 40,227 10.(K#) 144.3411 4.114 10,OC Total rtstrlcted fund8 16.T28 71.832 1265.2431 203.ce8 25.915 Total Fur9 4,960A96 1,54&864 (2.08BA871 97.323 4$1&196 Group.2023 At 1 Octob¢r 2022 IncomlDg R•¥ources OutyDlng Re8ourco8 Other galn Transfar At30 Septemr 2023 Unrestrtcted Fund$ GEnwal Funo SUbskJrY UrVJertanq 2,570.349 104.151 2.674.5 2.497, 1,675,766 18,190 1.693.956 11.688,2311 856 11.689,0871 22.070 I1.190) 2.449.164 121.485 2570.649 2273.B19 22.070 1130.7901 1124.3411 De5vJnaled Fund- HDSPf8 Support Totsl Ufir95tsicied lunds 5.172.460 1,693.956 11.689.087> 22,070 1255.1311 4,944.26B Resttlcted tgBgrvgb Hosp at h)m Ethy of Lffe Care wditing CNS Nur5e5 Fund CCG Fu WorA1&nd Walk Dreams. appeal mthy Boxes DWP Grants w0jLrj Ro( 13.603 192,7401 110A391 1114,7381 79.137 6.798 114.074 3.641 664 1,846 11.014 1.113 2,612 1,846 11.014 1.126 2,224 18 13 13881 18 375 54,125 1109.6221 55.122 Tothl ro¥¢ri funds 20.601 68,4rJ 1327.9271 265.131 16,228 Tat81 Fund8 5.193.061 1,762J79 P,017,0141 22.070 4,960.496 .21
cYimiiA SPENCER HOSPICE ¢HARirY NOTES TOTHE FINANCIAL 8TATEMETr¥fs Iconllnuedl PERIOD ENDED 30 SEPTEMBER 2024 1& St#•h¢rtolFund8 Icontlnuedl Ch•rfty- 2024 At I Ctctober 2023 Incomlng Outgoing l)th•rgalnsl R•swrc•8 1105setsl Tr•wfer At30 Unrnstrfctod Fund8 General Fund Desv4nated F4JThY- Howc8 Support 2.544.852 2 373.621 1A45,741 11,794W81 97323 I2376D) 2.055.168 2 408 383 4.918.473 1.445,741 11.7948B81 97.323 1203.0981 4A63.551 k)stxce at home Lwnphoedema Rethcied Fund Palliative Neurok4y$8th Reslrfcted Income End of Life Ca Weltsjeiry NS Nurses Fun(F CCG Fund Woodknnd Walk HosFice redecorabon Dreams. appeal Memory Boxes Woodnd Room Bereavement Senrfce 11.766 191.1761 79.410 387 IIOBB61 1114,8261 10,886 108,688 6.139 705 1,846 11.014 1,128 2,551 11.014 1.126 39 2.508 12.4691 2,224 18 118 40,227 10, 144,3411 4.114 10,OIX) Total r85tr1ctgd funds 16,228 71,832 1265,2431 203.098 25.915 Tot•1 Fund• 4,934,701 117,673 12.060,1311 97,323 4A80,466 Charity. 2tr23 At 1 Ociob•r Incomlng ReEoufE•B Outgolhg Otherg4n81 Trthsfar Resourc 110sse&l botwegn S•plther 2023 Unrèsirlctèd FundB General Fund D8&gnat8d Fund- HospKe Support 2.651.068 1.668.717 11.e66.2131 22.070 1130.790) 124 341 2.544,852 2 373 621 Tolal Unr•BtricLod tunds 5.149,030 1,669.717 11.666.213) 22P70 1255.131) 4.918.473 Hospice at home Lymphderna R051rKteLI Fund PallHlive NeunAogySgMc8 RestsKled Income End of Lrfe Care Wollbelng CNS Nur888 Fund CCG Fund WoodL8nd W 13.603 192.7101 79.137 1.846 11,014 1.113 2,612 11.014 {2,5281 2.612 {10.4391 1114,7381 6.798 114.074 375 13 Total rB8trlctod fund• 16,960 14,280 1217,9171 200.009 13232 Tb)tsI Fuh* 5,165,990 1,682,997 IIM84.1301 22070 4,931,105 -22-
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS {contlnugd) PERIOD ENDED 30 SEPTEMBER 2024 17. Analysls of Net Assets between funds G•noral Funds Deslgnated Funds Restricted Total Funds Funds 2024 2024 Fixed assets Current assets Current liabilltles 1.250,309 1,158.072 1,250,309 3,424,608 159,721 4,515,196 2,240,621 159,721 25.915 2,080,900 2,408,381 25,91 S Gonoral Funds De81gnated Restricted Total Funds Funds Funds 2023 2023 Fixed assets Current assets Current liabillties 1.167,317 1,081,961 1,167,317 3,723,261 162,647 5,193,061 2,629,445 162,647 11,855 2,674,500 2.497,960 20,601 18. Commitrnents 2024 2023 Group No later than one year Latw than one year and not later than five years Later than five years 97,899 123,539 98.016 216,703 221.438 314.719 Charlty 2024 2023 No later than on8 year Later than one year and not later than fve years Later than fve years 97,899 123,539 98,016 216,703 221.438 314,719
CYNTHIA SPENCER HOSPICE CHARITY NOTES TO THE FINANCIAL STATEMENTS l¢ontlrndl PERIOD ENDEO 30 SEPTEMBER 2024 1& R9¢0111$110n of not movomonts in fund$ to cash flow from openbn9 a1•9 2024 2023 Nat movem•nt in lunds DeduCtd1denO Interest Iorn8 from wivestments DeLlvct19aln)Iloss on iThv8Strn8nts DewselllrKr88581 in stock Decrea88lllncrea5BI in debtors IncTB85ellD&reasel In credllorg Add dBlatknn Prorrt on dlsp05al of fix1 855ets Add arnorb58tiDn ReVaalK)n 5uWus 1445,3001 1142.6271 197.3221 2.735 1W,522 12.9261 12.551 1232.5651 194,3921 122.0701 355 156,507 24,984 14.710 149.76n 1482,3671 1202.2381 20. An•lysls of Cash and cash fquhal•nls 2023 Cash al b8nk and in hand UnexpeNJed Investment cash 3,274,840 3.628,172 3,274,840 3.628,172 21. Acllvttl•s lo g¢n8rats fvTh1s: Tr•Jing $sId1 d)artycontrots Cynthia SpETur Ho$pte VeThbJres Limited is thc¥Jrporaled In En9Lgnd and Ws. Th8 subsidiaryss a tradirvJ ojmpanythat transfets its tsxable profil to the charity by a Grft Declardts"orn A Swnmary of the trajing r85utts is Shown below. principal athty of Ihe COrnpanyd7n9 the yearwas [1¢¥j tdIng Bct9 on b8hallof Gthia Spencer Hosplce Charity. a dwrity re9iStered In th8 UK. 2024 20Y3 Profitand LwAccount Tumover Cost of sales 28,291 4,3) 23.991 124.0561 165 25,239 Gross Prafii Adtninistratxjn exper*es 24.383 122.0181 Operabn9 profit Forgn exchyngB [055 Inte5t tvid on loan Amount gift aid1 to drity Ptofrtl Ik)ssl farth?y 1651 Balanc8 sheot 2023 FixgLI assets CUrnt assets Current labilrb85 23,567 23,502 23.567 Repr•wrt by Revaluatlon reseN8 Profit ard Ioss 8¢WLW 23.502 23,567 23.502 23,567