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2023-03-31-accounts

Legal and Administrative
Details		 Legal and Administrative
Details		 Legal and Administrative
Details
Chairman's Annual Report 4-5
Trustees' Report, including the Strategic report 6-I9
Independent Auditor's
Report		 20-23
Consolidated Statement of Financial Activities
Comparative Consolidated Statement ofFinancial Activities 25
Consolidated Balance Sheet 26
Charity Balance Sheet 27
Consolidated Statement of Cash Flows 28
Principal
accounting
policies		 29-32
Notes to the financial
statements		 33-52

Notes Unrestricted Restricted Total ZOZ3 'I i&{,:.I 2022
Funds Funds
Income
Income resources from generated funds
Voluntary
income		 5,8I9,I46 I07,683 5,926,829 5,590, I90
Grant funding I,{i0', I87
Income from generated funds
Income from Integrated Care Board I,988,8I6 584,5I7 2,573,333 I,3{l{t{iZO
Activities for raising funds I,209,776 I,209,776 I, I83,{i30
Investment
income		 2I8,865 2I8,865 225 Bi) I
Other incoming
resources		 265,707 265,707 ZZ-l,{i34
Total income 9,5023IO 692300 IO,I94,5IO IO,I35,I52
Expenditure
Cost ofgenerating
funds		 (3,439,589) (3,439,589),;Z,5 I{i,738)
Charitable
activities		 (5,60I,277) (302,660) (5,903,937),5,8o-l,7
Total expenditure (9,040,866) (302,660) (9343,526) (8,37I,530)
(Loss)/Gain
on investments		 I3 (754,593) (754,593) I ill, {i')0
Net income /(expenditure) (293,I49) 389,540 9639I I,9I2,3IZ
Transfers 54 (54)
Net movements
in funds		 (293,095) 389,486 96,39I I,9I2,3I2
Fund balances brought forward as at I April
2022 I5,867,I77 909,029 I6,776,206 I4,8{i3.)')-I
Fund balances carried forward at3I March
2023 2I/23 I5,574,082 Ir298,5I5 I6,872,597 I6,776,206

Urlreslxlcted Total
Funds Funds 2022
Income
Donations
and voluntary		 income
Voluntary
income		 5,I90,037 400,I53 5,590,I90
Grant funding I,604,I87 I,604,I87
Income from generated funds
Income from Integrated Care Board I,306,620 I,306,620
Activities for raising funds I,I83,630 I,I83,630
Investment
income		 255,89I 255,89I
Other income 224,634 224,634
Total income 8,I30,8IZ 2,004,340 IO,I35,ISZ
Expenditure
Cost ofraising funds (2,5I6,738) (2,5I6,738)
Charitable
activities		 (4,I I0,628) (I,744,I64) (5,854,792)
Impairment
ofinvestment
Total expenditure (6,627,366) (I,744,I64) (8,37I,530)
(Loss) / Gain on investment assets I48,690 I48,690
Net income / (expenditure) I,652,I36 260,I76 I,9IZPI2
Transfers
Net movements
in funds		 I,653,879 258,433 I,9IZQIZ
Fund balances brought forward at IApril
202I I4,2I3,298 650,596 I4,863,894
Fund balances carried forward at3IMarch 2022 I5,867,I77 909,029 I6,776306

Company Company number 1231909
Notes 2023 2023 2()22 r()22
Fixed assets
Intangible
assets		 II I6,470 25,8.r!
Tangible
assets		 I2 5,78I,5I6 4,-I36,4 I !
Investments I3 7,0I4,668 8,5 I5,677
I2,8I2,654 I 7 )77 t)39
Current assets
Stocks I4 46,954 33,864
Debtors I5 2,365,336 3,2 I5,355
Cash and cash equivalents I6 2,60I,663 2,37i, IO')
S,0I3,953 5,620,328
Creditors: amounts falling due within one
year I7 (847,0I0) 1,7 I5,06I;i
Net current assets 4,I66,943 3 t)05 267
Provisions
for liabilities		 I8 (I07,000) ' I07,00()',
Net assets I6,872,597 I 6,/ /6, 2()(s
Income Funds
Restricted
funds		 2I I,298,5I5 ')0',02')
Unrestricted
funds
Designated
funds		 22 I,050,000 3,4') ',52 I
Other charitable funds 23 I3,897,489 ()"')I 4 ()
Revaluation
reserve		 23 626,593 I,38I, I86
Total funds I6,872,597 !6,/76,2()6
inancial st tements were approved and authorised for issue by the Board ofTrustees on 26 July 2023.

Notes 2023 2023 2022 2022
Fixed assets
Intangible
assets		 II I6,470 25,85 I
Tangible
assets		 I2 5,78I,SI6 4,-I30,4 I I
Investment
in subsidiary		 undertaking I3 2
Investments I3 7,0I4,668 8 &In 677
IZ,8I2,656 I2,977,9-) I
Current assets
Debtors I5 2,537,563 3,060,t)72
Cash and cash equivalents I6 2,I70,472 l,779,743
4,708,035 5,290,743
Creditors: amounts falling due within one
year I7 (724,276)
Net current assets 3,983,759 3,8(r2,')30
Provisions
for liabilities		 I8 (I07,000) ,'107,000 '
I6,689,4I5 I6,733,87 I
Income Funds
Restricted
funds		 ZI I,298,5I4 ')0'),02')
Unrestricted
funds:
Designated
funds
Other charitable
funds
Revaluation
reserve		 22
23
23		 I,050,000
I3,7I4,308
626,593		 3,494,52 I
I0,')4 ), I35
!,38I,I 8(a
Total funds I6,689,4I5 I6,733,87 I

2023f 2023 2022 2022
Cash Rows from operating
activities
Net income /(outgoing)
resources		 96,39I I,'1 12,312
Adjustments
for:
Investment
income		 3 (2I 8,865) ;ZZSs,iq)9!'
Amortisation II I0,378 10,04(s
Depreciation I2 2I2,6I5 28'l,95(i
Profit on disposal ofinvestments 13 (I28,726) '4,317')
Decrease/
increase in stocks
(Decrease) / increase in trade and		 I4
IS		 (I3,090)
850,0I9		 1,(i(i7
'1,201,(i90')
other receivables
(Decrease)/increase
in trade and other		 I7 (868,050) 1,14c1,094
payables
Increase in provisions I8 107,000
Revaluation ofinvestments I3 754,593 (148,(i90)
Cash flows generated
from operating		 695,265 I,888,487
activities
Cash flows from investing
activities
Purchase ofproperty
plant and equipment
Purchase ofintangible
fixed assets		 I2
II		 (I,557,720)
(997)		 '2 1429~3 '
),'3,210;)
Purchase ofinvestments I3 (I33,289) ; I 7cs,(sS(s,l
Proceeds from sale ofinvestments I3 I,008,430 (s,8(s(i
Investment
income		 3 2I8,865 225,891
Cash flows generated
from investing		 activities (464,7II) (2,092,062)
Net (decrease) / increase in cash and cash 230,554 (203,575)
equivalents
Cash and cash equivalents
at I April		 2,37I,I09 2,574,684
Cash and cash equivalents
at 3I March		 I6 2,60I,663 2,37I,I09

Total 1o.al
Unrestricted Restricted 2023 2022
Donations (including gift aid) 1,493,79I I07,683 I,60I,474 I 736')8(i
Gifts in kind 38,633 38,633 31,I 6')
Legacies I,499,420 I,499,420 I 4-I3,473
Memorials 25I,007 25I,007 255,260
Donated goods 2,5I4,900 2,5I4,900 2 0')5 35')
Christmas Appeal ZI,395 2I,395 27,9!3
Grant funding l,(i()4,187
5,8I9,I46 I07,683 5,926,829 7, 1t)4,377
Activities for raising funds
2023 2022
Unrestricted funds
Lottery income 446,268 -!68,676
Events and promotions income 585,067 5(i5,203
Profit from Willen Hospice Ventures shops I78,441 14'),751
I,209,776 1,183,630
Z023 2022
Unrestricted funds
Listed investments 2I8,523 225.082
Bank deposits 342 SO')
2I8,865 225,8') I

2023 2022
Unrestricted funds
Education 39,570 -II,583
Catering 32,4I8 29,032
Job Retention Scheme 823
Retail business support grant I00,275
Other miscellaneous income 36,752 I I,830
Profit on sale ofinvestments I28,726 4,3I7
Shop Rent 28,24I 37,774
265,707 224,634
2479448) is s et out below:
2023 2022
Turnover I,209,776 2,7I7,388
Cost ofsales (327,858) (2G3,948)
Administrative
expenses		 88I,9I8 2,453,440
Other operating income (488,G22) (2,II5,469)
Operating
profit		 393,296 439,069
Interest receivable and similar income 207 IOZ
Profit for the year and total comprehensive income 393,503 439,I7I

The net assets an d liabilities ofth e subsidiary
were:
2023 70))
Current
assets		 5I6,435 660,70')
Creditors: amounts falling due within one year (333,250) ;(iI8,36') 'i
Total net assets I83,I85 42,340
Aggregate share capital and reserves I83,I85 42,340

Direct costs Support costs Total J o1aJ
(Note bdow) 2023 7(FZ 7
Costofraising funds
Trading 2,060,925 3I,462 2,092,387 J,343,4')2
Lottery I34,968 99.758 234,726 256,772
Events and fundraising I55,265 I II,I35 266,400 GOI ')73
Voluntary fundraising costs 785,I8I 60,895 846,076 314,50 I
3,136,339 303,250 3,439,589 ),5 I6,738
Charitable activities
In house 3,479,364 325,00I 3,804,365 3Q) 0 i)
Willen At Home I,209,I82 64,902 I,274,084 I,254,55(i
Wellbeing (I(Therapeutic 54I,372 5,8I6 547,I88 810 07')
Lymphoedema
Service		 I95,377 8,949 204,326 268,68(~
Governance 27,500 46,474 73,974 I 77,3')2
5,452,795 45I,I42 5,903,937 5,85-.',7')2
Total expenditure 8,589,I34 754,392 9,343,526 8,37I,530

The group The Hospice
2023 2022 2022
Auditor remuneration
Audit services 25,000 I5, I
I0		 25,000
Non-audit
services		 5,IOO 2,450 5,IOO
Amortisation I0,378 I0,046 I0,378 I0,04(i
Depreciation 2I2,6I5 28'),') 5(s 2I2,6I5 28'),056
Other operating lease rentals 362,538 342,(a2 I 362,538 342.62 I

2023 2022
Salaries and wages 5,300,350 4,?40,4i3
Social security costs 483,836 4 I3,548
Pension costs 4I7,538 '3')» 34
6,20I,724 5,5-)II,') l(~
Contract staff 294,235 37'),487
Health Examination fees S,II8
6,50I,077 5 ') )-' ')') ~

The group and the Hopsice
ITsoftware Total
Cost
At I April 2022 I18,9I5 II8,9I5
Additions 997
At 3I March 2023 II9,912 II9,9I2
Amortisation
At I April 2022 93,064 93,064
Amortisation
in the year		 I0,378 I0,378
At3IMarch ZOZ3 I03,442 I03,442
Net book amount at3I March 2023 I6,470 I6,470
Net book amount at3IMarch 2022 25,85I 25,85I

The group and the Hospice The group and the Hospice
Asset under
Freehold course of Fundraising
property construction Equipment assets
Cost
At I April 2022 3,053,004 2,395,6I5 684,7II 383,0II
Additions I,309,845 58,057 I63,366
Transfers 2,346,425 (2,382,579) 36,I54
At3I March 2023 6,709,274 7I,093 884,23I 383,0II
Depreciation
At I April 2022 I,249,607 558,990 325,278
Depreciation in the year III,527 46,364 9,346
Disposals
At3IMarch 2023 I,36I,I34 605,354 334,624
Net book amount at3I
March 2023 5,348,I40 7I,093 278,877 48,387
Net book amount at3I
March 2022 I,803,397 2,395,6I5 I25,72I 57,733

IT Motor Leasehold
Hardware vehides unprovements
Cost
At I April 2022 292,085 42,774 I60,499 7,0II,699
Additions 26,452 I,557,720
Transfers
At3IMarch 2023 3I8,537 42,774 I60,499 8,569,4I9
Depreciation
At I April 2022 243,I23 37,79I I60,499 2,575,288
Depreciation in the year 44,078 I,300 2I2,6I5
Transfers
At 3I March 2023 287,20I 39,09I I60,499 2,787,903
Net book amount at3I
March ZOZ3 3I,336 3,683 5,78I,SI6
Net book amount at3I
March 2022 48,962 4,983 4,436,4II

Historical Market
cost Revaluation value
Valuation
At I April 2022 7,I34,49I I,38I,I86 8,5I5,677
Purchases and additions from I33,289 I332.89
reinvestment
Disposals (879,705) (I28,726) (I,008,43I)
Unrealised (loss) on revaluation (625,867) (625,867)
At3I March 2023 6,388,075 626,593 7,0I4,668

rs
The Hospice
2023 7077 2023 7()7 7
Trade debtors I,568,467 344,')2() I,56I,974 336,795
Other debtors 74,I42 I47,7 I ') 73,663 I47,360
Prepayments and accrued income 722,727 2,722,7 I6 69I,408 2,6')5,723
Amounts
owed by subsidiary
undertaking 2I0,5I8 381,094
2,365,336 3,2 I5,355 2,537,563 3,560 ')68
The group The Hospice
2023 7()7 7 2023 7022
Cash at bank and in hand 2,60I,649 2,37I,O')0 2,I70,458 l,77'),724
Cash held by investment manager I4 I4
2,6IOI,663 7,27I,I09 2,I70,472 l,779,743
itors: amounts falling due within one year
The group The Hospice
2023 7077 2023 7()77
Trade creditors I6I,435 8 I3,7')6 I53,I64 738,266
Social security and other taxes II8,I64 ')5,'138 II8,I63 ')s ')38
Pension contributions 59,693 6(),74!2 59,693 60,742
Other creditors 3,590 8,344 3,590 8,544
Accruals and deferred income 504,I28 736,04 I 389,666 574,2') 5
847,0I0 l,7I5,06I 724,276 l,477,785

18 Provisions
For liabilities		 18 Provisions
For liabilities		 18 Provisions
For liabilities
The group The Hospice
2023 ?0?? 2023 2022
Dilapidation
provisions		 I07,000 107,0(X) I07,000 107,000
707000 107,000 I07,000 107,000
l9 Financial
instruments
The Hospice
2023 ?0?? 2023 ?()??
Financial assets:
Financial assets measured at fair value
through profit and loss 2,60I,663 ?,d? 1,071 2,I70,472 I,')65,705
Financial assets measured at amortised
cost 2,I72,35I ?')')5 0')8 2,380,804 3,117,425
4,774,0I4 5,416, 160) 4,55I,276 4,c)47,130
Financial liabilities:
Financial liabilities measured at
amortised cost 725,7I5 1,4')0,042 7I2,944 I,487,(721

Unrestricted Restricted
funds funds Total funds
f
Intangible
fixed assets		 I6,470 I6,470
Tangible fixed assets 5,78I,SI6 5,781,5I6
Investments 7,0I4,668 7,0I4,668
Current
assets		 3,7I5,439 I,298,5I4 5,0I3,953
Current
liabilities		 (847,0I0) (847,0IO)
Provisions I07,000 I07,000
I5,574,083 I,298,5I4 I6,872,597
Group —comparative year
Unrestricted Restricted
funds funds Total funds
Intangible
fixed assets		 25,85I 25,85I
Tangible
fixed assets		 4,436,4II 4,436,4II
Investments 8,5I5,677 8,5I5,677
Current
assets		 4,7II,299 909,029 5,620,328
Current
liabilities		 (I,jl 5,06I) (I,7I5,06I)
Provisions I07,000 I07,000
I5,867,I77 909,029 I6,776,206

At
At I April 3IMarch
2022 Income Expenditure
f		 Transfers 2023
Education 68,282 30,000 (33,790) 64,492
Clinical equipment 5,708 26,074 (22,453) (287) 9,042
Willen at Home 257 584,5I7 (ZI,OOO) 563,774
Capital Appeal 686,705 27,547 (88,669) 625,583
Wellbeing
and Therapeutic		 37,528 I8,476 (42,399) 233 I3,838
Miscellaneous 29.728 355 (20,040) I0,043
CCG COVID-19 Funding 30,82I (19,078) II,743
Cancer Care in the
Community 50,000 5,23I (55,23I)
909,029 692300 (302,660) (54) IP98,5IS

At
At I April 3IMarch
202I Income Expenditure Transfers 2022
Education 2,282 66,000 68,282
Clinical equipment 6,764 543 (1,493) (I06) 5,708
Willen at Home 257 2,I62 (2,I63) 257
Capital Appeal 309,845 462,I27 (85,267) 686,705
Wellbeing
and Therapeutic		 23,2I8 57,I38 (42,823) (5) 37,528
Miscellaneous 29,588 II,423 (9,650) (I,633) 29,728
CCG COVID-I9 Funding 278,642 (247,82I) 30,82I
Hospice UK Funding I,II6,187 (I,II6,I87)
Cancer Care in the
Community I64,635 (II4,635) 50,000
Winter Pressures II2,000 (II2,000)
Bereavement
Project		 IZ,I25 (I2,125)
Total 650,596 Z,004,340 (I,744,I64) (I,743) 909,029

The group and the Hospice —current The group and the Hospice —current The group and the Hospice —current year
At I April Transfers At 3IMarch
2022 Expenditure (see below) 2023
E
Property I,803,403 (59,378) (I,744,025)
Hospice development I,289,768 (I,I82,538) 892,770 I,000,000
Other fixed assets 337,82I (93,605) (244,2I6)
Retail outlet refurbishment 5,000 (5,000)
IT replacement 25,000 25,000
Clinical equipment 529 (529)
Planned preventative maintenance 33,000 (8,000) 25,000
Total 3,494,52I (I,335,52I) (I,I09,000) I,050,000

At IApril Transfers At 3I March
202I Expenditure (see below) 2022
Property I,863,079 (59,676) I,803,403
Hospice development 3,378,232 (2,088,464) I,289,768
Other fixed assets 444,009 (I06,I88) 337,82I
Retail outlet refurbishment 5,000 5,000
ITreplacement 25,000 25,000
Clinical equipment 36,000 36,000
Planned preventative maintenance 33,000 33,000
Total 5,784,320 (2,289,799) 3,494,52I
23 Unrestricted funds
Designated Other
funds (see charitable Revaluation
note ZI) funds reserve Total
At I April 2022 3,494,52I I0,99I,470 I,38I,I86 I5,867,I77
Income 9,502,3IO 9,502,3I0
Expenditure (I,335,52I) (7,705,345) (9,040,866)
(Loss)/ (gain) on revaluation (625,867) (625,867)
Disposals (I28,726) (I28,726)
Transfers (see note I3RZI) I,I09,000 I,I09,054 54
At3IMarch 2023 I,050,000 I3,897,489 626,593 I5,574,082

Designated Other
funds (see charitable Revaluation
note 22) funds reserve Total
At I April 202I 5,784,320 7,I96,482 I,232,496 I4,2I3,298
Income 8,I30,8I2 8,I30,8I2
Expenditure (2,289,799) (4,337,567) (6,627,306)
(Loss)/ gain on revaluation I53,007 I53,007
Disposals (4,3I7) (4,3I7)
Transfers (see note 22) I,743 I,743
At3IMarch 2022 3,494,52I I0,99I,470 I,38I,I86 I5,867,I77
Designated Other
funds (see note charitable Revaluation
22) funds reserve Total
At I April 2022 3,494,52I I0,949,I35 I,38I,I86 I5,824,842
Income 8,909,869 8,909,869
Expenditure (I,335,52I) (7,253,750) (8,589,27I)
(Loss) / gain on revaluation (625,867) (625,867)
Disp osals (I28,726) (I28,726)
Transfers
(see note ZZ)		 I,I09,000 I,I09,054 54
At 3I March 2023 I,050,000 I3,7I4,308 626,593 I5,390,90I

2023 2022 2023 2022
Land and I;Iiidl iiiid
buildings
f		 bail dnigs Other
f		 O(lici
In one year or less 279,60I I 4I I),2')tl I I8,746 !4,0(i I
Between two and five 502,304 367,')8(i
years
Over five years 250,IIO I2I,250
I,032,0I5 I,907,534 II8,746 I4,0(i I