Iv￿rn H05PItt Financial lf31ttlyt￿ts ftst rF* 31 21L74 Willen Hospice (A company limited by guarantee) Report and Flnancial Statements Year ending 31st March 2024 Charity number: 270194 Company number: 01231909 -s Willen Hospice always there ia care Viutrt HIupt¢i' Financial %iaiernents the yearendtd 31 Mar£h 2024 Index Legal and Admini.%tratiVL" Lhairman's Annual RL'?￿￿ -rrL15rces Ileporr. includiiig tlie %tr41regic re})()rr 6-1,5 Indei)endeni AILair()r 5 Rci)orr 16_19 Con%olid.Ired %rRrcrneiii ot r.ininci.il Acrivirie 20 Lom})Ir,Irive cons0lid1tcd %r.Iremenf ut- F'in1nciil Acriviries 21 Lon>i)lid.1red lJ.Ilince .%licer Chariiy Balancr Shi"i L 23 C-.oiisolidaicd Staiijnrnt of (.-.ash l.-Iow5 l)rincip.il ?ccuiinring PL)Iicies 25-28 Ncites ¢0 rhe finaniial sr.Iremtnrs 2L)_48 11)05 BLMK ILB CHkS InrciTratLd P21112fiiiL OurcDniL Sc2lL Bcdf()rdsliirr L.iitL)n & Mslt()n Ktyt)e5 Intcgrared (-,arc B02rd C.ompararivL 14L3IthcarL KtJoM.I,dgL SystLIn Il'li len Ho5PILr ruw1￿1￿ sfdti'nwnts For¢hr iYATfn&d.11 Mar¢h 2a24 Legal and Administrative Details Willen 14usptct I, rhL, S-Ic>spict 15 2 comi)aiiy limircd h}. guaranicc and J ￿gistCrea chariti. goi'crncd hi. Its Memorandum & Arriilts of A%sLKiarion. -fhc l)iT¢crors ot Thc l-Ius1)ice arc ir5'1-rusrccs fL)r rhc iiurpiisc IiFchariti' law, and throijghout Ihrs rcwyrt ar¢ ¥oll¢ctively Teferred 10 xs Ihe Tnislees. Cornpany regtstratiott number. 012.IIL)09 Clwity registration number. 27UIL)4 Rytcrtd Offi¢ Mil(on Iloxd Willeii Ililli& ge Miltl711 Kpvncs MKI.S 1).4FI Trw¢¢¢s: Pxiil Dal'is (CTh2irni.In R4iclicl Medill (41I)l)C)iiitcd 9 july 2024) Sut (".,Irbert (Trcalurf r) ' Philiii BAII Mkdilinc KogL'rs lin Wi)i)d larihvli'n m 1)11 57rn1lf4i kiJlci.I,k()wska Qre4sgntd 17 NL)vi'mlYr 20?3) I.￿7.• Mark Jonc%'"(rcsigncd 2.3 Ai)ril 21)24) SIL'VI, ('.ITIN'rE Iri'$igi)rd 2? Svptt'mlkr 2023) %I¢vL M£)orc rc¥ignLd l (i Mal ?O?.A', MichALI Sievrn%on (r¢%i£nLd l)3 Illi￿111 21123) Lynscy Harrtll Irc%igncd ?21.ebn141r)' 21124) C-.li1lrli'% fvlacl)(11141ldl (rt'siwrd 10 July 2024) fvlciiilm'f i?rt5u¥in15J l)¢%cloiimrnL LuJniiiitirc/H14I' Lld li'Iii&.r i)f IMiii- ('., Irmkn plllemiinffation L(irnlliltttf Company &cretarr. k11 tc ljroadhiirst Key Mauagemmr Per￿ll￿tL. Senior uwjagers of Wtllctl Hospice: kalr IlrL)2dliiir51 Kik.Ii)nia Pii)l)i'iro Ak.isli (-'1111 rtfljie Ali l￿we c.hitr Excruiivc oificer. DIrerror uf (-.liiii¢il1 .£en'ice%'. DI￿¢t0¥ of l.itiance & IT: OD & Peoplt Direcror. Il'illen HthpiLY 5fafrtwtfs hrthr }yarr￿¢d.1￿ I￿￿[[h 2024 Legal and Administrative Details (continued) Elarclai 4 The IITarer51de Ivky Btdford Road I 'orth2niF)to NN4 7XD Natwcst 5015dbiiry B￿lICI￿rd Saxi)n Gate r.ast Milic?n Kthmes Mcrro BaT]k One Sc?urh2mptc)n Row l.L)ndun WTC.IB iFtA HAndLlsbankcn 2nd IIL)or (-liftun l.Ii)use 4A GTrldington Rixi tdlord Mk40 3NF Soli¢Etors: Geoffrey Leaver S(ilicLtors LLP 251 Upper ThIrd Strett 11()ui'erii &]uarc Milton kcincs MK9 11)R Indepen&nt Auditor. Merc¢r & Hole LLP (-hartrrcd Arri)Untant5 & Rewstrred Auditor Tht l)snnAclc 1711 Mi￿"1￿[￿￿cr Bi)tsIti'￿a Milion KrvrLes IKI) l BP Investtnen¢ Advisors: SirAsin & P.irtners LLP Jiixon Hou5C 100,£t Paul s fhurchvard l.oiiJon EC.4M 8BU Ilatlibont 8 Finsbiry Circus Loiidon SrAt&yJrJ￿ f￿th¢ IT￿￿ka31 M*ch21LY4 Chairman's Annual Report When our motto 'ALwa}￿ rhcte to wzs ￿0P[ed. It was evolird to tncapsulatc ihe amhiiion5. a¥Jd bcliefs of tht W¢lltn ream in 3 51mple. ?tt thort phrase. Thai 5taiement reflem a mutual Famlership bttwttn rhe I￿2] communiry and rhe Hospic¢. and at The STJrr of rhis reporr, I would stmply like to sav 3 ht2rtfelt"thank vou 10 ei'ery()ne whL) has been irtyolitd wlth or supwrted rhe hospice. whether 25 a supporrcr, fflem￿r of Staff. volunTeer ()r a pJrmcr in the lasi }wr. Th￿ ye2r. as str out ￿ rhe following dtrJiled Tr￿tte5 2nd Str21tgic Reprrs. rhe Hcispice has iortrinutd with 311 25Ptcts of its p]anned develuprnent ind to Tneet the inLTwing nee& of rhr wpvlJtiun of Milton Ke>￿e5 and the surroun&"ng 2reJ. In rerms oCwvLding Ihe EK4st wible care to i)ur t￿tE5 throiighoiit their p311iati4'e ¢3re journey- In common with a numher of hospsces. Willen ha4 thts ycar inLwrrrd J finjncial dcficit. due to the i'agarics of thc /0 of our exwditure m chJrirJbk artii'irits fr¢)m public E)arure vf hospice funding gtherJlly. We rcceiird L?ill rtSOLtrcts. Itaving the rfTnainder to k gtneraied frotn ￿nd￿ls7￿8 icYti'iri¢& including rcrajl. dorttsred goods and leycits bv way of example. This year. our legacy ￿(oT￿t drn)pptd s¢gnifiG￿fjV ftt)m lev¢15, %.hich h2d pre%iously bctn riCCII'L . whjch Or￿ ofthc kn'y rc350tLS for (iinding gap. In ordtt (o capturc fflorc ￿1%rAn(cL WC Af¥ working dos¢li' with thr Ioc41 Intcpced tsc Pmwd in an attcmpi 10 5ccuff fL￿TrIng fi￿dIng for ccrt3in of our rcg¢ilAf SLfvzcc5. such AS WilJcn At Hotnc. ￿ LTrniphocdcm4 which tn rhts iyar. h2Yc btcn fundcd cncirell froni our fundraising aciivitic Maintatning sustainAbiliLy onc of oiir k¢1 goak, 25 scr out Ivlthin ovr 5tratcgic plArL Our inveEtmcnt in stRfF dcvtloi)mcni pw, J5 wcll L% tAngiblc ¥%scts. buJ&"ngs and cquiptncnt. is ofparnmount I￿portAnCe in dri%ing IhA¢ goxI. The cxll on our %cn'iccs. whcthtr in IIK hospice. or with tht at homc team. nN'cr bccn highcr,- wjth the wwth of Nliltan Ke￿e5. and the ihange in the demLyJphic of the UK gen¢r2111', we know thai demind for palli2ti%'e care r¢lJted stYYice5 t5 4)nly 4Joing to in(rtkse. In thetr recent re￿tr. Hc)spict hjghlighttd that tliere LS in LS$Ue *'ith rebTard 10 rhe av3ilabilJtv of access to pilliatsvt rare 10 iirii)th% sertors of d)e ci)myniin¢ tkn)iiel) ¢ither ethnitity or alternative non-cancrt &agnTr￿. NNillen is worklng clnstl}F with Oth￿ memh Lrso f tht hcaitlicarc comrnunitv 10 surc that Ihcrc are w ￿p5 within that proirysion. 2nd this will conrinuc bc pan of our cnhanrcd 5trALt&riC pIAt) for thc coming ￿ar. None ol these flucwJrtons ire partJculJrly ntw.. in OTder to dam￿￿ tl)tir impaffj Wzllcrt has hcen esralTrlLshirtg itself A5 an kty iiJnncr wirhin thc knttgt31cd Carc S}sieJn ovcr thc hst }TJt5 ill itmts of collHbor2tion, whilst workj'ng on it5 vsvn conjmcrcial ariii'iiJe5 to fill Ihc 18°.0 Shortfall in public funding. Willen ts fortunare to havr nwJ2gtd well. ad Iw Incre￿ed irs Dryervcs over di¢ ]3sr sjx Vfttf% 2nd is able ro Invtst irt tlic fuiurc, which iiuts Ihc finan(J￿ su5t2lw￿bIIlIY ofthe hos"E)icc into a ir4 _4()od place. Durin¥ the ￿thr. IVLllen app￿red 2 new chief exc￿nNY. Ka(t BwadhwsL who joit?cd from ￿InnIng of J2nu2ry. 2nd took oiir from Ptts wilki"￿50n. w ho smtd 3$ CEO sinte 2017. Pt¢3 s conErikntion ¢u dit hospIce dcveloptnenr oi'er thc lJsr seven ?ear5 sJw' siensfrc2nr cELinges in not oni}, Olieration￿ Strucn￿CS, quklit}' 2nd trAiniJ)g improirmenrs, bui a150 OytT￿w the signific2nt 5mEcttirAI ch2y¥cs iu the hospicc offcrirL& and its widcr CXFIOSurc to th¢ Milton ktines iommuniti.. and Cor ihat tha￿ hei. Kaic has wide c￿ttit￿￿ oc WOTkJng In Milto ￿t￿t5, 2nd has alrcad}" becomt rdttr tngaged with UFd2ting I￿r sira¢wc Pl￿ and ihc curreni pro170￿1 ro Acquirc a 5ifi" adjacent TO rhe Hospice. H.hich IN.￿￿n hLs le)sing Frotti dii" currrnr 044mtTS for 2 null)li¢f of i?e2rs. This 2C4IIjSLrsrJn fioni ourrrsin-tb Forn￿ a strJt¥c w ot su5raiDabdiry7 oFtht hospicc, Jnd r4ducr oiir propc IiniThs in the e3penL Il'illtn Hospfir forthc ¥r￿￿￿.d.11 MArrh 2024 Chairman9s Annual Report I woidd ikerefore likt to siini¥l}' (IIAJth !'oii, once again. to oiir 'Wondei' ofNvtllen i¢%m, And all of oiir supponers, lor ioniirtuing 10 siii)iiort Willcft, And thA¢ yoii ionrinLie LO do 50, goitLg LllLO th. IL)IlLfL. It IS a l)ATtncr%hi}I b¢iw¢cii th¢ hospice and the ion)miJniLy IC ber¥'es, and an LhaL b#51s, we will 'alwa}'s bc th&r¢ to are foi. iaih aih¢r. C.hJiT 26 Jul}. 2024 Il'ill¢n H￿P1¢C ruunli￿ fprihr }t¥rndid 11 ,March2U24 Trusteesg Report for the year ended 31 March 2024 'rhc .1 wstees arc plcased tu prcbcnr Their artnujl '] iyscees, Reporr, rvgethcr with Ihe i0rns()lidJted financial STaTeTnenrs uf the l.104p¢ct for rhc year end¢d J l M.Irch 2024. The flnancial scatenientS coniF)l}' with the (-hariLieS Aci 2011, the Lonii?ani¢s Acr 2006, the Men)orandwn and Arri¢les uf Assi)il.Itic)ii, and .,ljjUiltJting .2nd KtrpLiITing hy C".liiirIries: Si.Iremfnr ()f Recc)nimendtd Pr.Ictice IppIIc4i1)It fi? ch.Iritie.4 PICP.Ir¢ng rheir.Ic¢()uiirs 111 .Icc4)rdinrr. wirh rlie l-.In4lllCI.I1 Rtportiiig Staiidli rd appli¥ible in rhe Uk and Eieptililii ()I' Irrlind (PKS10?) (ttleitive l J4iniii& ry 201 Cl). Our Vlslon and Values Our Ilision is io b¢ the iAbring and thrEving piovid¢r ofcree ixrL 10 all }l¢oFIlL A£Yeit¢d b), A h'r._linuiing illn¢is i oiir cnniniiiniiyb 11)xJL iios%2I)IL b}. A inJiiiiiiiniiTr' workjng t￿L￿(hi.r contxllllpilli. (o shAre In Ih. dLItVCi'iY fjf Ihv nio51 %5St¢ring. CllU4illy acrr%sibl¢ 'incl 2dwAnc'xcLIILncc And Incliisii)ll whicli rLniAin Al th. hLXrt ol-Lvcr)rLhing w'i do. Wc hAVC a SirAtL%tc Piaii for 202.1_?035, 10 cn&L2fi WL lchicvc oijr Visiun. And WL reniAin finAnciAiII- 51151%inAblc. lTr. Hi)siijc( riliL% hli vily nunibir of inconiL %trcAni4 rnclLidinw. IILIAII. I)OiJiiiions. MAj()r l)L)nors, CJifi% in MrniciN, Ile¥iJl.Ir LJivii] T b. l.egac)v&'.iiid (iril11ts* % Wl. .7.% inccime tsi?rn IITilltiJ I li)spice Venuirth% l.iniit¢d priin4irili' tr()IM C-.li)Ilen i{.%, f:veJ)cs, l.¢itr¢ry.?nd C.iirpc)r1ttr Si?c)ii$iirsliip, a$ Wi.1111 %{Illli' ¥lnJ)r fiiTidiJ) i fr{iin tlie111.fvIK I(-.EI. In .%lixi)ingi oiir objcc(ivc% for Ilit >'CAr xncl Fililnniiis? oiir xciiviiirn. Ilic -I'nislC¢S hAvc cnnsidcrcd rhe ("hAriry C.oni1TJi%￿ion,.S giiidiincc i)n i)iibli¢ b¢n¢lit, incliicling? Ilic bvjl'eii gniidAiict'Piiblic bcncfii.. rtinning x ilixrii! (PB2)'. Structure* Governance and Management Willen 14o$pice 18 i ri)mpiny limited h), gii.Ir)ntti'. g()vern¢d hy irs Mf niiir.Indiim Jnd Articlf.% of A%so¢i.11Tan dA¢ed .Il Ociobcr I l)7.5, as amcnded on 26 Jiily 2112.3. It is r￿l$l¢r¢d cliarity Ivtth thc Lli#ril}, C'oinmi%&inn of b.nb*l.Ind And Walc%. Ile.%piiii%il?ilitv fr&ir tlii. fi'cruitmtJ)t of i)i'w I"rLL%tri'% f& sL4 11.iili Ilii. I'Ki¥rti)g-I'ru.stri'%,- wliD Jr¢ Jlsi? tlie l)irerriir% of Ilic Hoii)ICC lind 1lF I)L?InltLI in iccL)rcliinCC willi ¢5ie Fin)cc55 SCI oiit iii ¢lit Lc41dcrsliii) 11 nd CJc)vcrn*1ncc Milllllfll. efure 1iiiioiniing 1 ricw I nJste¢. the l-nistce Vloii rd ii)Ils1 ensurt Iliiol Ilic ai'ii()in(mcnl mcct¥ tlJ¢ r¢(iiitremcnts of the Hosk)icc's govcrnbn¥ doaunenLS and Ilie law gen¢rAIIy. o optiinisc our errectii'cntS5, Wt iim li) recrLitt .1 divcrsc ￿1rd willi .? broi?d nngc of hkills, kni)wltdqe .Ind cyb)cricn¢c. NITe .Iini io ichievc grc.Ilcr divtrsii?, bTr' rc?rlisnq oilt 10 ctsmmiiiiitics tliit 2rc not i)rc>cnily reF)rcstnte& ru.4icc4 sliould xlEo liiivc a sirong i)cr%onxl cominiiinciii ro ¢lic Ho%iiicc ind objtClJi'c%. [.'1￿￿￿1￿ star¢n￿nts fwthc }TJrmd¢.a.II ￿ch !U24 Trustees. Report for the year ended 31 March 2024 (continued) New Trustee￿ irTJdergo An orÉentation i)eriod to brief theJn otL Their legiL I i)bligations under ch.?rity compiny111 W, The C.haritv C-utnFnissiort guidance c)n puhltc ￿ller1[. and ro inf(¥nn thf.m L)f the conrenr c)f the Memi)rai)dvm Eind .1￿J[leS 01 AssOClJtii)n. Thc Comiittee 4m2Cturc.4 and d¢¢isIon-￿in8 F)rocesgts. Thc Ilusincss Plan Ind ttcent fInai)CL&il i?erFornsincc of rh¢ 14ubPlCe. Lliring the induciion, Ihey meet key eniiiloi'ees 2nd n)Lnibtrs of the knior Le2dershii) TtAm. Tnistte5 are encoiiraged to Attend api)ropiiace exrrrnxi training ei'cnts where th<5¢ will fatilIEate ihe iindenAking ofthf ir role. C)rg.Inis.Ition -lThe knrd of TnLsrees, whjch can h)ve up to 15 mrrnbers. administets the gr)I'emanct of the I lospice. thrciugh the Comrnittee Sttiicturr which meer quirtt'rly. Tht COTfbmlftee.4 are Eiecutiit, Finince, IMI., Property & Health & ￿fer}., Clinic21 Cioi'cmxnce. BtssJnc.*% Dcvclopnicar Reniunrrxtion and Pco&)Ic &rv2crs. which art au cl)aircd b). indii'iduAI Tnistccs. Tlic Cliief ExecLLtivt' IS l& ppinfLd by the I rustrcs to managt tlii. d&iy-toaay ¢>ptrntions i)fthe l.losprce. To f2ciliL2 cftcciivc opcraiions, thc Lhicf E¥¢tUiIVi dLILgAicd Aiiihoriii.. wiihin tcrniN of dclegaLion APF)fovLd bi. rhc Tru5¢ecs. for oF)cr2tionai niAttcts incliiding fin2ncc, emplo}rynent Rnd smicc delii'cn. Rcl.Ired Pirtics .Ind ("o-operillSOn ivirh ()rher C)rg.Inisiirions Nont of our TrusrLL'S rcctiit rtmutitf41tii)ii or other bLmefiL% frn)m Ilipir wotk with tlii" Fl(x%pice. Any connection bttis-¢¢n a -1 rust¢t. and %enior Man.1g?% r i)f tliL I lo%pict. with a (-ontractor or Suppli¢r of Professional &.Thicts. mi2qt bc disc105ed 10 tlie (utl board ofTnJ%tc¢.% In tlie s2me wii'.Iq li ni othcr contraciuxl rclalionship with 2 rel.Iicd pxrti.. In (he current ￿ar, Tto sijch rclarcd k)irty trnn&icriorss wcrc rcTriortt& DtLails of TrustCQ5' cynscs and r¢lAied parry rransi¢rJun5 Ire di5cltssed in noic 8 10 Iht ACiOLini$. A i)olicy for 4enior %lX(r is set and adtnini%t¢red bl thc PeoF)Ic Servic¢% Commiitcc in conjunction with Ihc RctnuncrAtion Lominitttt, wliiclx ig coiiipiistd orn0￿￿na[cd TrLL%tCC5. The p31, of die sciiior 5LiIT is rcvicwcd )nnu311v inL4 1)ort])allv incrc.ased in 2crordan¢c widi I lospice PJV pnliry. whIth ts btnchm2rk.d against pav Icvels in thi NH.£, othtr hospices. d)e i'oluntarv SL'Ctor rtL1ted emploviTS. 1)1sabilir)' i)olic! -Tht cknty rctllFIS 1rid dcvclops .ITJ}' Indi￿1￿111[ tliit ctthcr derlircd i dIsibilit}' or dcvclopcd ont in the COLLf5c of rh¢ir tmploiryncn( w'ith thcm itj IIne ii'iili ihc Equiiiry Aci 2()111. oluJitL"L'f5 at Il"Illi'ii l-1ospicL Volunrecrs arL' patient-facing. work within support serviics, 2nd are also fundamLnial in thL delivery of rttail and fiindraising 2(rivillCS. Wc havc oi'cr I,iKIO iroll￿te¢r5. who proi'idc ovcr 120.0(X) hoiirs ofsupport, which rtprescnts 2n timatL.d cost sai'Kng OF £ i million. for which the H(Trspic¢ is immcnscl). grateful. stAtMwnts for¢h¢ irafrndrd.ll March2U24 Strategic Report for the year ended 31 March 2024 To xchieiy our Vision, w¢ hAi'e ideniified Ihe followtng srrAtegJc Ainis as iian of tht _%trAtegic iilAn 2023-202.5. e The ItAders in i)i'0￿dIng ihe best Triossible iare 10 otir LlSeis tliToiigh Ihtir i)llliAiive jtTriiin¢%' OrgAnt5AtionAI L'xctllertie. iniort)orAiing gtsi'imanci And bLi%illCS& e(rtcienci' skillid, AgilL %4'orkfi)rci M.lii) l)455ionAti Aboiii cArL' L15ti1illkLIlL Iiiccini¢ SllLArt15 Ivltli a dii'c rs¢ Ana IngkgLd SLII Ili)fiL'r l)￿ A iwlruir truli. rctlf c¢ii'c ()t Liur i'Jlucs wirl) ￿7 g¢nuine Iint_teain liclief L)verview' L)t"Acliicverncnt& tor ?(l?.1/?4 CIEnical sttvict deli 'hi.% }'L'Ar. in •idclitii)n Iu 4>11r .%PLCiAii41 F)Aili.Itii'i cxii oJTLr. w'i hAVC rL', ialliAtIS'L or cnd.o(-lifL' cxfi ncid.q Ihroiigh ih. bLfLAVLI?ILnt droF)-In SL'%410￿4 And Ih IkllLAIiI'L carc hiib. I"hc'se Ilic btrcAI'cInrni drr)ii-in %en'icc WA% (lelivered ii'iiliin cyislinb? rcsc>iirct% 1nd lias }Irl)￿d F)oy)tilAr En Ihc cc)Inmiiniry. It ni¢¢rs Ilit nctcl% nfilie reccnily bercAI'cLI wlin wi)iild ni)i oi'(iinkril)' lipive aCCt4% to bcrcai'tii)eiil coiinscllingT 4Lippori rroi)) IVIll. illnessc% And hi.4 all&)*'cd 12$ ro cngAgc wirli them e.Irl?' on rhcir jntime}', i)rovidili￿ iriricd f ineclic11 d¢vic¢s, Ilit tinbtddinx of cliiii<21 siiiieTh'isii)i), cl¢cironic pirc5cribing and tli¢ rvi'LSi.d Iraii)ing and fi4ucitinii pJckag¢" TC) naJ?It' J tew. (hr 15IILraiion remiiillb 10 dci'cl()p i centre i)f cxccllcnc¢. OLir rtccnili, 11'1)oinied Pncticc De4'cloTriinent Te.￿1 hAI't begun dei'eloping oiir ed(Icarionxi offtrinbi ro orher h¢alrhcArc profc4sionxis and rhe public. All our tiain% have tuJ)tiJ)ued to dilii'Lr i'xeellLJir car4. IJIL4 .suppi)rt ¢u uur p.1tILiits allK4 Eliosf Imporraiir to tlirin ii) tliiir homts all Qii4iliiy. CJOI'tJ'nJncr JliLI Pci.li)Imi.Ince Qiiali4' rcmiins F71f.Imoi)111 wirhin tht urginis11ion, Ind this year, tlie organisitii>n has coniinii¢d rv ￿Port inciL4cnts, comi,l.i¢nis, ¥¢rvi¢e dcvclopnitnL Ilnd ¢Enbed ¢h1nge5 10 praciicc, iri collibor1tion willi Ilic Inrei'nil tt.?ms. Fron) Jn I xtirtial pLf5P'CIII'i. tht ￿&￿11tV >cI)edLIIL regttirtlllttirs oiirliiii.d hy rh,. Integrarrd Care Roard (IC.L4) hav¢ bf Ln diliytrtd Jllil acl)icv¢d. '1lic aTriposntmcnt c)fa l)Jta AnJl¥st cnablcL4 lis ri) g2Llier ricli d.Ira rii ciilianct y)aticnr 2crii.it>'. In ii411111L>n. Ilic sliift ttani h3s w'orki.d ro dri'tlop J proct$5 to C.1priiri" con1p1￿￿tr& on J Jjrabii ft. This hab Ix'eii rri¢L4 lind rf5red bv it Senior Le)d¢tsliip Tran) atid will be &X&CLiftd in 2024. Il'ill¢n HryiLt fo¥ Iht itar￿￿4.]I Marth 2024 Stratègic Report for the year ended 31 March 2024 (continued) We are reassured rhkt wt are pr2CtI.4ing good data sccuriry by comi?leting the NHS F.nglJnd D2t3 Securiry 2nd l)rLITectii)n-I c>i)Ikir. Thc organisation coniinijes to suppon a i'#riei}- of mediiat. Altied Healthcare Jnd NL￿$1ng STudents' plaienient 511rroiinding Unii'crsiiitS. Jncomc Gener1ti()n 1Tre Flospice is C()mMi.￿S1(?ned hy Bedfcirdshire, Liiton. And Milion Keynes In[e￿ared C.Jre B()Lird IlCR)- we reieive a ￿[Urting mcome i)f £1.395,? j5. Diie tn IimIied fiinding from the IC-.B. we aTe reqUi￿d EV genente appro.¥imit¢ly Citrthcr £7.6 n￿on, to fijnd oiir ro¢al ¢>PCnLJng C05L5. Reiail Ileiiil results hxvt ￿Own to a rccord Icyel for ih¢-3rd y¢ar in sxiccession. Chir Ketail sif2lLgiJ ensiires we reu5c, ￿￿¢11 or recyclt .111 iteins w.herever possible rhjt are dL)nared, iiie411)% we h,ii'e noi unly generattd more sales fruni uur 5hop5 bur xlsv lucrarivt incc)me Stre7￿ ms req1cl￿g donated goi)ds i)c)t fit lor te5ale. Wc hai-t Illrthir cnhanccd our Rctail CooLprini b}, OFiening ncw frorcs in tht i'CAr. This, ￿ollg with Lht pcrforn)ancc of exi&iing gtores And oiir onlinL })latforni, h%s htlptd drivc our R{￿all profit% Lll) I'ckr on }cAr. We have seen a fantli SE1£ I'eAction to oiir 'Off the Reccird. specialisr i'in},l Lllid inusjc shop wliIcli liJs b*Yn Feknired In Naiivnal Music Mag2zine-Rccord CL)lliCfOr. Wt continuc to scc incrcascs in rhc ltritls of giFr xid-aidcd donkijons. which provide muth-ntedtd Addi(ional inconic for Ihc HosTriicc. F.iindr3ising Given the current econamic cljmatc.. Fundraising in dir vear his bttn cliallt'iiging. Wt contiJ)ui to aevclop our rundrxi%in¥ F)roi)o$ilion to cotinitr.?cL the lieAdwind$ we F2ce. For in%tanc¢, we htsyt pirtncred with Ioc21 fJrni% (O supporr Ihc recruitrntni ofnew rcgjlir gii-er5. From a financial Pl￿SpIrt1%'¢, our bigbiest chJlengc in th< vtar ha.s ￿cn Jround Lrgacies. ￿Te l)tsV¢ il¢ iTri.lopcd a lotat Lxgaa, canipJiw Jni4112%'i" also agrcri4 Its be part of 2 nationa] 14ttspict UK Li¥ary ¢anipJi¥n in 2024/2.5. Ivt cxpc(r ro see tht JmpAct of thc aboi'c In dic ncw financial }-cir. Trusts and Foutid21ion5 3r¢. a rf311! tniport3ni ri'i'rniir strtani For rliÈ H05PiCI' wh(cli lias bctn qiiiir cliallcogiiig as 'ell. T]ic intumi srrtam ran lielp d.IIvtr our future 3t7Jbitiuns. and l)y r2kitig a Inngcr-trmi, mi)n stritL'gic VILW U how we H'ork In Ihi% arc2. alongs)dc Olir Mr is circa £1 niEIIioJi ¥15111 is lu])d,.d froiii oiir Rrsrri'cs. Ivotk goi Linderway in N.larcli 2024 and is e￿￿tt(d ro l)I conipll're hv Ocrol)i-r 2024. Il'illcn Ho4pir riNn4[￿s¢4f¢llKn1S tsr rh¢ itJrrth&.d 31 ,Much 2U24 Strateglc Report for the year ended 31 March 2024 (continued) SnJnL of nur Clinli￿[ BL15illL'SS DLly.1 clr.Ir 4lPI)f*ljS'il fr,In)i'￿'[)rk l-urtli¢-r. dev*lc)i? rlii. I:(iuJlity. l)Iv¢r%iry .iiid Iiirlu.%ii)n .4rr.1rtgy ti) I'17r¢)riip144 thi, widrr ri)niiniiniti', .ds c)f Miliun K¢'}Iiir.% 411?d siirrcjunding 1)¢sigii Jiii4 drlii'rt *i Ixii4*Tsliip fr.Imcwurk and dev¢lc)pm&nE pru¥rii nime ble Aciiiiire new 5IioF>5 4111d ,4cv¢loiTr Olir onlinc 11111 Ifi)mi thrc)ii4h thc IJ5c of ArtiftcI.il Iniclligcncc (AJ) l)Ivci'sJf}' oiir cvcnt5 1)ri¥riiiiine ti) imiiroir.411Tr iioncr rticli l)¢vtl4)ii ind erow Ilic l-riJ&l & I'oiTndAtic)n inc<)nic L)clsvcr Ihc Icgacy.strAieg)' 211d riniFI.iign. Engagc OLtr key }￿rtnerS and donots 10 dciclop })Ann¢rshiFi arrxn&TcJncni¥ rhat drivt incomc. rd]eetive o enuitie o belief (.vtitiiJtsr ti> implrm¢"nt uur cu]rural cliaiigv pro irJtiini¢ wliicli remain5 fucu&stLI un our val¥i¢.% Di.fii)i Jnd cl¢ liver an InttrnJl i.()niniunirJtiOTJ %trati-gy diat rtflrcts our Valurs and brarid Develi)p iii'w jnd itisiovarii'e ways to rng2gic aiid inc.n'a$e our voluiitrrr nunil)ers. suppontrs atld $1ikvhuldcr cngA4cmcnt io forth¢ )T3¥thkd31 M¥ch2024 Strategic Report for the year ended 31 March 2024 (continued) Financial review for the year ended 31 March 2024 For thc ycar 10 .11 M)rch 2024. the financial srdtemcnts show a ner deficit of £916.433 (?0?2/?3 - SuTIus £96.391 j. Con501idaied income AmouT]Ecd TO £8.738.157 f?o??/?3 - £10.194510!, ￿)d exiyndiwre wa5 £ 10,108,106 Activitiis foi. RalSLng Fiinds lrtcomc Crom Ihc Lorterv has ￿n￿ined more or less sieady 2t E440h80 r?oL?/J - £466J? tll We arc bcginning to inv¢st in can1'ass￿¥ catnptiigns in 2024/23 with tk- ini¢nEi4>n of explortng this suurce of incorne to its fiJttst tentiaj. Ini-c5tnicnr Income Income from initstsnents arnounrcd to È288.358 (2022/23 _ £218,8651 The objcctssTh of the inTesttncnt pob"9' 2re: To crcaie suificieni Income capiial gr4)Wth io enable the Hospxcc to continue to OFtrA(¢ during To ttLunrauR 2nd if possible. enhancr rhe v#iut of rh¢ iniwed fiujds ￿lIt th¢it are retained. gJvin¥ due and Prts￿r con5idtraihon to fuiure needs". To niajugc the wrrfolto on 2 ror31 rrrum basr5 as knth c2p%r212nd tnro¥Jit ￿￿Y be itsed ar anv unj< r lurther tht Hwict's ain li stAt¢n￿￿r$ Forthc ITaTrn&d JI March2U24 Stratégic Report for the year ended 31 March 2024 (continued) Financial review for the year ended 31 March 2024 (continued) The H()spicc h35 Jdopted an erhiiJl ini'cstmenr polici, to ¢nsuir thar its Inv¢sm)cnrs do nut conflicr ivirh its Jims. As a ￿&￿[t. invcstmcnr sh(?uld nor be m?& dc direcrly in comFI.iii%es wherc tnc)rc rhlL n 20/0 of the Invesrcd urouF rumover xris¥5 fron) Tobacco, knbling, Pr05llLLILion. or PornDgrki)hi'. The Tnjstees TY5tri-e the righi ro excliide cornpjnies that Oill Actiiiiies conLrAry 10 Ihe Hosrtce's Aims, or from hc>lding pania¥l2r zni'esiments which daniagc rhc Charii}' s rci)iitaLion,' st]ch adyicc and nionitoring &.ing &vcn by otir ini'cstnicnt Adiry5crs. Direcr Ci)%r.E of P111Cllt C.Ire DirccL cosig of pa¢icnt carc amoijnrcd to r5,743.289 (21)22/L3 - £i.452,795). Th￿ incrtase in cosrs i512rgtly diie to inutased cosis o(living as M'ell As additionAI iosts of ninnsng Lhe Hiib. JnLlirccr lJ.Irienr C1re Indirect parieni care cosrs hai'e inireased ti) 1511,713 j20?2/2.3 £.451,142). As mentionfd abui'e. this w'lL 4 drivetj by inirtased runn￿¥ cost$ 2$ W'ell as costs of lii'Jng- Total >unds Ai thr ycu cnd, the con50li￿1cd totAi fiind4 of thc Hosiiicc stood ki 11.5,956,164 r2022/23 - £16,872,.597) zncluding? Rcstrictcd Fiinds. whiih iotallLd £l,O(76,569 (?{1?2j23 - £1,298.515, Tjic awi.s rciircsenting cach of th¢sc (lind5 xrc 2nal}std in Norc 20 to Ihc finAniiAI.4taictncnts. R15k M1nl¥)einent Thc Risk Iligisicr is a iool which cnabl(s thL Ho8piiC Lo iindcr.%tAnd iL% coiiii3rihcn5ive risk p)rofJlc, crnlrilising major risks to whlch Llit Hospicc is potcnLiaIl}' ¢xpos¢d. Thc ￿C￿￿ter is rcvjcwcd and updated 2t cxch 5ub- Commictcc and rcvicwtd in full thc ￿ccL1[lVC ComniiLtcc And Council 47f Mxnagcmcni cvc4' quarter. -nic Hosi)irc's Trustec% Iixvc grivcn considertirton to thc niajnr to wli%cli (lic Ho.spict i% cx1￿￿ed s2tIsficd thtmbelvcs 111411 s}￿tr￿L% tsr p)roccdiirc.% l& rc c%t.Iblsthtd in ordcr ro llLinage tho%c ri.sks. Major rc Ihosc tli.lt hive .Tr major impact and 2 pirobiblc or highly probJblc liktliliotsd of ocairrin4. If Ihelf occufEcd, thcy would hai'c A major imF>2Ct on 501rit or all of the following )reJs'. Goi'ernance.. Op¢'rarions'. Finance5; r.ni'ironrnenral ur ¢xtcrnal factors. such.ts public opiiiiun ur rtkntionsliip with ￿nderS.. Jiid 11ie Hospict & comi¥liince with1IH's .Ind rcgjlations 12 5tatrnwnt5 fDrrhc M￿Ch 2024 Strateglc Report for the year ended 31 March 2024 (continued) Financial review for the year ended 31 March 2024 (continued) Risk TO income remains signific2nr, given our r¢li3ncc on comnierci)l and fimdrai5ing Jcrivjry and rlic i?rci'3iling economic cltmire. We hai'r sought TO dti'tlop our corporate p)rmerships Lind gamer Ttjore sponsor51iip. I'cilL￿reerIng Jnd corporLItc income. Wr hAl& implmien(Ld a ncw Lcgacy xwarcnLSS ianiyiaign rhib )Laf TO ￿0W ￿'gAcY pAnn¢ts and It￿10r5. hopc io eoniinue raising awArinc55 Around Icgacits tn Ihi nLW financiai I￿ar We hAI'e also worked hArd to fiJrth rt5iionsIblc for SAfcqu.Irding tht 2SStr% of rhc ch,TrniJble cornpany and hcnce lor taking re2soNiblc.%ici)s for Ihty prtvcnrion.?nd deiection ol frAitd othcr irregulariti¢.s. The Trustt'es arc rf5pc)nsiblf for thr inaiIiteTwnck and integricy i)f d)¢ corpraE< and finLltirial inforniation incluL4I'J on the ch.?ritAblc ¢oniixin>'5 web51tc. LcgislArion in thc Llnited kingdom gi)wrnInq the prcp2rAtion di55emin31ion OF finantI215taietnents ttL2}, differ from legJ51&tion In ot]￿r juri>dic¢ions. 14 rujantialgrarrthmrs rh* iYAra.d JI Mdr¢h 2024 Stratègic Report for the year ended 31 March 2024 (continued) Siaccmcnr for disclosure ti) i)Iir .111diror In 50 far 25 the TruST¢e& #re 2wJre.' th¢r¢ is no r¢levAnL infomiAILon of wkn'ch the groLlI) & audiior is iinAWiire. And Tn￿lee5 hxi'e xll stil)S thAt th¢i' Diight 10 kai'r iAken io mAk¢ rhims¢lves awarr of any reltvanc audit Inlorn￿Li0n And to cstablish that Ihc aiidiior i% aw%rL oFthAt inforn)ation. By ordcr of the &)ard of TNstces P DJvi5 26 Juli- 2024 15 11'111¢n ruwcd 5fatcnwN5 fwthc Match2U24 Report of the Independent Auditor to the members of Willen Hospice Opinion Wt hair audited Ihe fuwicial 5t/trmrnrs of Wdlen Hospice (rhr 'parenr charitablt eompanyl and its subsidiary (the 'group') for rhe year ended J l fvlJr ?074 which iomprise uf rhe CotisolidAted stateTneni of Financial AciivitleS, thc C.omparaiivc LonsolidaiLd Siatc¥n¢nL v( Firk4nciAt Aai%itJ¢5. th¢ Consolidaicd Balance 4hcLt, thL CThariii' BAlancc ￿¢¢t. Ihe Con501ida(cd S¢Jiinitni of Cth Flow5 and rwtes to thc financia] sta¢cn)enis, includinE summwy uf siwiticanr acrountmg ￿]1(1¢5. The financ￿1] rewrtrng framewo& rhai h2s l)ten Jpplicd tn their prei)Jr)tion Is Jpi)licable law and Unzred Ktngdom Arcounring Sr2ndard$. Including FRS 102 "Thc l--Inan¢i)I tn li¢iiorting St%ndArd AF'I)Iiiable in the UK And KiP4Eblii of irelAnd" (United Kingdon) G rR]l}' Aicepled AccotLnring Pracrice). In our uptnion. the fLnanCI1￿ I srartmtnry. VL X tnic fair vi¢w of Ihc srAr¢ of Ihc ￿lF s and of Ilii })Arcni cluriLablL con)})An) S A((airs 45 At J I MArch 21)24 and ofihc s incoining r¢sourc¢s and Application of rc50ufii4 inclLiding Ll5 inconic and t.%penditttr¢, f£?r tlie ytar tlien ¢ndd. hav* ken wly yeP￿d in ¥cord2nct with Unired Kingdom &nerally Accopttd Arcouriting PratEice:.1nd hav¢ becn rypartd in accordance wirh rht ￿￿lTem¢ntr of the LompJni¢.s Art 21KI6. .isis fi)r uFiinEon We condu£rcd ¢xtr atsdi¢ in accor&ncc wilh Inccrnaiional Standar& on Audiiing (UK) (ISAS (Uk)) and ayplicAble lalv. Oijr respon.sibilirics und¢r Lhosc siandards ar¢ funhcr dcscribcd in ihe Audiior 5 rcyonsibiliiici for tli¢ audii of Ihc fi￿1￿ClAI s¢AtemcnLS scciion ofour r¢prt. Ille arc tndyndcni ()fihe ch#riry in Aicordxn¢¢ with tlit eiliical requ1￿MentS th)t ￿1¢*.3nt r¢) our audit of the finanrial statements in the UK. iii¢luding the Ftll" s F.tliical Standard and we liavc fulfill¢d our ntlitr tthicj ￿sF￿)n5ihilII1c$ in accordJiic¢ with t])rst rt4u1￿jThvljts. Ive bvliL ve thAt the lludii ewdcntt we have obittined is suificieni and apFiroprtaie io proi'ide A b￿]5 for our OF)inio C.oiiclusions relating ro gioiiig concern In aiJdttin¥7 rhr finan¢Tal sraienjents. we concluded rlw rhe Th￿tte5, 11St of thr going concern basis of Accounting in Iht F)rci)arniion of th¢ firtancial stsicmcnrs 15 apiJropriAIe. Ba%ed nn tht work wt hJve ￿rfOrrnld. hait not iaentifted inv mafrrial uncerraintits Tr.laring to eiYItts or conditions that. individuall! or collcctiv¢lv. MJY significttnr doulK group's or parent cliaritablt coinpany 3 ability tu continue Js a ¥oin¥ Concern for a pttid of at kast tH￿1ve months from wlivn dic financial staicmcncs atc auih0ri3ed for i55U¢. Our r¢$ponsihilities #nd th¢ respo￿lbaItlrs of fht ttusrees with re$￿tt ro goi￿ concern 2rt drscribrd in th relei-ant stcrions of diis ThporL 16 11'111M HosPi Fir￿011 srirth*nrs for JMar¢h2024 Report of the Independent Auditor to the members of Willen Hospice (continued) Other infoniiation "Ihe orhcr infornijrjun cLimprise4 rlic tntL)IT1141ri¢)11 iiicludtd iii the -1 ru.¥re￿ .InrLU.il rtport. othcr rl)li Il the financi.Il 5Tltements iiid c)ur 4ludircir s rcp)rt thtrci)ii.-I'h¢ tivsrefs Jre respL)nsil)l¢ *c)I' Ihr c)rhcr inlomthtiiin ci)nr&iSJ?cd wirhirt anniiAI rLii()n. LTrir oi¥inion on rhc financial SlATinlints d()rs noi COVLr Ihi oihLr inforniliion And, LXCCF)t to IhL extent i?LhLfwisL &XI,licitl}' srAILd iii oiir rcTriori, Ive do noi LX}>rc55 Any Ii?riiJ ofAssiirAn¢¢ ciincILlSIon Iliircon. niir rLSllI)nsthiliiy Is IP nAd ihc othir inliii'niArii)n,Ind. in di)21ig si), con5idcr wlicihi'r IIIL oihLr iD(arni.)Iic)n 15 niAt¢riAII}' incon.%i%rtnr wilh the tin.?nci.11 qt.Itf mrnts C)I' LJlll. kn()wlrd￿Tt, ()briintd in the cthiirse ol thi. iidir c)r iJthenvise.?PPÉ'.?I' ro bc n)aicrially niisstJrt& It wc idenrifjy such m)T¢riil inc()nsi$tcnc¢c5 ()r ai i)ar¢nr m.lrf rial mJssraT¢m¢nts, we arc reiittLTed to dil¢"rn)InL 11.hciher Iliis gil'e% risL IC) A nixf&'riat iiiis4iAtClllLni in th. finAniiAI srRi¢nienLs LhitJL%elvL'S. If, bAsL.d an rhL work wi kiv¢ iierfc)n))ed, %Vi L()niliidi ihAi il)i'fi' Is A J)IAILrial rLii551AILnii'ni (>f rhib oihrt iirid tlic Ili'PC)rt cil'tlii. Dirrrt¢irs prrp￿lf{. purpi)scs c)t ciimp.1111' law, fi)r rli¢' rin.1nC1211'c.?r lor ivliirli Ilie linAiiciil slAicJncn(4 arc iirc&)arcd 1% con%i.%icnt ivitli Ilie finxnciAI SIRicJncnls', xnd th. C'liiiifLiIAn's AnnLJII IIiTrKirt AnL4 RrF)on of th¢ I'ru%ltcs hxs bccn i }?ared in AccordAncc with xi)i)Iic1t bl£ Ic'gAI rt4Lizrtets are responsible foT 355<5SLng the $ 2nd the preni J)Ariii's ability LO COtILlfJtit as a iotliem, distlosin& applicable. ￿￿￿terS ￿lated to going coniern atKI i￿l￿g the going concem ba%is of accouniing unlcss rhe ttU5rees etthcr ￿tend liquidare rhe CharLry or ro cease operktions, o¥ h.i1* no realisric 31rernarive bur tck do 50. Auditor s rr5F)onsxbiltties for the judit of ihi. financial Sts¢i mcnts Our objectives &ire to obrnin ￿L50nable a5suranct 21xiut whether the flljkncial 5Dtements as a w.hole are free fro m2reri21 misstaterneni, whether due to fiaud or em)r. and ro ￿51]e 2n 3uaito¢5 report that Includes oiir (JpuiiotL. Rca*on%blc Assurancc z5 2 high les'cl ofas5ufAncc but LS nol a_ettarantec ihat 2tl aLI&"t condiSCLcd in accordAnce wilh ISAS (UK i whll ￿Wi}'S dcLcci a matcri21 mi5Statcmcni wlitn tl CXj5c& Mi55ts1en)cn15 can Jrise From fraud or error And arc consLdtrcd n￿[crI￿ If. In&iidtskll> or in thc wtc. (hc%' todd rcxsonably be twtcd to influence thc Lconomji dcttsions ofuscrs taken on the basis 4)f thcst financial statcrncnrs. ITrcgulAritlC5, including fraud, arr in51anccs orr￿￿-Con1lI11lnce with and rcgwIaiJon5. IV¢ d¢sign proccdLifcs Ln Ixnc Mith our rc5FK>n5ibihiics. ourli¥Jcd aboir. to d¢Ecct ￿￿{en￿l nii*%ra(cnwnLs in rcspcct ofirrrgJAriric£. indudIng frau& The exrenE ro which our proccdutts are opabk of &trrtLng trrwkn"rits. includ￿￿ fi3iid. Is derailed beli)w. ExplanJcion as to what extent the aiidrt wa5 considerrd capble ofdt Iccting irregdarities. mcludins fy2iid Wt g2ined undeTsr2ndJng of thc IcgaI 2nd regL&tory frJThJeM￿rk appltcable ro the compAny and the indust4, in which si upcratcs 1nd ionsidercd thc risk of acis b). th¢ compn). thai w¢r¢ contrarl, (o xpplicablt la￿.5 and regulations. jtjc1￿t￿g fraud. These includtd. but w￿e nut knied to. the Comp2nie$ .4ct 2(K)6, the C.hariries Act 2011 anil C.harsties SORP 2019 and w le¥tsI2ti0n. Wc ciiluarcd man2wtnt's incen¢rvts and OFviomwirics for rtxtsdtsltnf D￿￿nIp￿all0n of thc financJ.I1 st.Itcmcnrs a21d the financi31 rtport inrluding ￿- risk of nVLYnde of controls,, and dete￿nIned dut the pri¥*cip21 risks w¢re related to Post1￿ inappropriate entrits tncludirg joutnak to oversr2te r￿'enue or understatr txpettditure aTJd rnanagement btas in account￿ tsrimatrs. 18 forth¢ irar¢￿id.1[ Mar Crom Ihe ei'enis Jnd rrarLSartions Eet]eL1ea in the financi￿ srAiemenLS. the less likelv the inherenilj Iimlrcd prDcedures rcqul￿d by auditiii 5Tandards w'ould idmtfy Ir. In.1ddiiiciJi. Js w'ith aDy audit. therc rtrm.iinrd higher risk of nunJttrctiLWi of Irregulariiie5. ts Ihc.4tr m.iy Ini'olvr ¢ollusi<)n. fvrgt4'. iiirtniioKil ornissions, misreprcscntJtii?ns. i?r Ihe ovtrrLde of ￿￿rn31 iiJntrols. We Jre not res]x)nsil>lc fibr prei'enting nLin- rring C.ouncLI's wLbsitr ac hLtp:// MThVS1..frc.or . aiiditotsres &)11sibiliii¢"s. This description fornis part of oiir 2iidi(or's tepL)It Lsr ctrf tlie JilL411 rriion Thi5 report is made solely tu the c112riLlble coimpany s mernL￿r5 as a body in iicordttnie W'ith LThipter 3 ot- Pan 16 of the Companies Act 2(K)6. (Mr aiidjt work h15 been yndertJken sp th2c we rnighc 5raie ro the company's membeTS those m3tiT] ￿oWti4 undrr srttion 408 of thÉ fA)nJpJnies Art 2W() Jnd lias Mr pTh'S1'nted ir5 own suttnjint of con)PTr￿.n$li'e inconw in dksr fu]ancLa] 5rar¢-nirnr Tiic finaniial actjwries include £8 )L)1.6IH (?O?.l= £i).(IO?.(kn&l) oc IFtcumt, Ll).587.(,78 1?(1?.7.. £8.8()1.9.11! of 702.3: E(754.Sl)I') rc￿lS¢d ,,1￿$£￿,./ ￿[n$ vn JAY￿[men[S Jsycrs reLiiink i(I tlic parcnr c¥pendiiurc and t451.516 (- compan). as an inL4ividLLd cntitF. All acriviri¢i of rh¢ Hospice e0Th5Jdrrrd to bt continuing. T])e xconipnving accounting wli¢i¥5 and noir5 fom intwal part oFdi¢x finantial starcnitnr 20 sr3fttt*nrs forrh& Itar¢￿I.d.l[ ,Ktsrch2024 Comparative Consolidated Statement of Financial Activities for the year ended 31 March 2023 (incorporating an income and expendituro account) Unrestrirted RrArtcted F￿& TotsI 2023 Jncomt Di)llAfiOIJS And %'oliiIiran' Lncojnc i.819.146 107.6113 5.I)26.829 Grani funding Incoine from gci)mred fim 4$ liicomr Irom liitcgT.1rcd C1re Ik)Rrd Ailil'lti¢s Ipr raising Funds Invc5micnr incotJJ¢ 1,988.81() 584.517 ,i73.J33 1209.", 76 2 18,11()5 21)5 1 01 ?18.81)5 96).", 07 Otlier Jticojnc Total income 9502.310 692.2(Kl 10.194,510 c.trsi ofraistng lund$ Ch.Innblc artiTriric5 (.I,4.39,549) (i.601 ?77 (.1.4.39.589 j (5.903.937) {3Q2.660) Impaimient of invesimeni (9.040B66) (302,660) (9J43.526) 11 On Il7%csrJ?IrIit i15%crs '7.f4..59.1'; (293.149) .54.-51)31 96.391 Net incorne / (exFtidirJre) 389540 TTall5feT5 (i4) Net movenxetts io (293,095) 389.486 96,391 FLmd balances bt• forvnrd It l Ap 2022 1).867,177 909.029 16.-, 76.026 Fund bknces foTra #t 31 mY￿h 2023 15574,082 1298.515 16.872.597 The acconl￿n￿g accoLiniillb poIIcii> and norts fanij an inrebTral parr of rh- fiii.1ncs.il srJrrni¢i)rs. 21 H￿F￿¢ ritU￿￿LSt]flry￿n[& fth-tht ly1r¢￿a JI hu￿(h 2024 Consolidated Balance Sheet As at 31 March 2024 Conwany ￿fflber 1231909 Notrs 20Z4 2024 Filed asEets IDrangJblc assfES Tan￿ble Js5Pt5 Inve5¢5nenlS 8A).123 j,768 ?71 4.(Ql.l ?S 16,470 i.7815lb .OT4.h(Ill 12 1.1.449a?2 ] ?.81 ?.hj4 Srocks Dcb¢or5 Cash artd cash ￿li1valen15 14 Is 46.9)4 2.36.*J36 ?.tbOI.{Ih.I 8M.351 16 3.438,834 i.013.953 17 (815.1921 2,6?I,b42 4.16(7.94.1 pft)%'iS￿lls for liknLIIu¢s ,'117.(KXI) j107.0(KTr', l j.95() 164 ]ncome Futt& Rc5trittcd hnds LTnre5tTT¢IEd fun& 21 1.066.569 1298..515 1.050JJM> 12.759.486 I.0￿.￿09 1.050.(XJ) IJJ97.489 626..593 Otlwr channblc furM4s Rtt?Iiiation te5eTh Totsl fi￿& l j.9.S(1 164 IL financ st2rtmcnts M'ere approitd Jnd 2Uthorised for i&5ue bv th¢ knrd of Ttusiets on 2(i Julv 2024. P D,ii'is i 2ccollipaiiving accOL￿nn4 rolici¢s aiid notes forn) 2n int¢gr21 pan of the5r kncial KaTh￿)ents. 22 Il'illen Ho%p￿t fr￿th¢ irat￿.1[ March2024 Charity Balance Sheet As at 31 March 2024 Company number 1231909 2024 Int￿l)It assets .'blt ts5trs 16,470 i.781.516 12 j.768 771 Itl%'estment in 5ubsiJian' uEd¢rrakiDg (ni'estmcnr5 13 13 -,A￿l,128 13.Ug.Sj4 1.014,h(18 1 ?.81 ?.656 Dlbinrs li 8?-,.616 2.J80.040 7201.656 h and cash ¢qwvAitnts 16 2.170.412 4.708.03.i (&932771 2.i14a84 J.983.759 Pro%'isLons for liJbilitics (117.(KK)) (107,(XK)I Nrt &*sets 15&1t%.908 Ine¢)Ane Fu0& Rfstnctrd liinds 21 11)6bS69 1298.514 1,050.(XM) 12.6502_10 ifyw.i(w 1.050.(KXI Oiher ¢hBritablt lutds Rci'21ii.Irion res4m'e 23 23 626.593 Totat fiw& 15ts46.908 The fin3nc£al statemenTS were approi'Ld and 3uthorisLd for issue ￿, the of Tntsites on 2(i Julv 2024. aCctsnJTr￿YMg accounrug rrf)Iiciis 2nd n￿¢$ fornTr an part of these finAnCL11 stateIiiiIll& 23 rinanc1￿stati'￿p.nrs ftrth¢ }¢Affn&.d 31.Mdrrh 2U24 Consolidated Statement of Cash Flows at 31 March 2024 2023 2023 Cash flows from operaiing activities ct Jilcomc /(oiitxving) [￿￿Ur¢¢& 1916.433) Inittim¢ni in¥X)mt Anior(1sJcion DepieciJrion P[nfit disw-%Jl Df imi't51niiklts Dtcrra%e In￿r￿a￿l- In sio i D¢iroJse,', / Inircjse in rr)dc iThd urh￿ trrriv#lilts .. Dro¢dDtr',/iiicrttst ill tradt ind ot11￿. P.Il'ibles Increue in proi'isio￿s lit%.duatioti of Jn%'csmicDr5 (2k18..158) 9.()64 2271)19 11.0?3 j 17.()85 I,i30.9&? 1218,81)) J 12 212.1Trl j 112872b' 11,090j 8iO.019 /( 17 131.816) (868.050) i0.(K)l) 4i3.3161 13 105.104 693265 attivAries P1￿ClI.1￿C of propcrry plinr ind C4UIPIT)trtT pl￿cli￿￿e OE Iiiriiigiblc fL.YC14.3&scr% Purth.LSC uf Jni'esrminL% Procijd:- i)t Ini'L%nneiiT.4 12 (214.673) (73.317) (131.472) (I.i51.72O) 199-, ) (133,211lJ) I,(Xl8.4JO 2LII.116.5 13 288,-1.$8 Cath flows 8etJerdted from iavesung aCt[￿tieS (464.71 I Net (dtcrtast) / iocrtax irL cA5h equLvaltsts (2(Tr,449) 2.10,Si4 Ci%h thllil CLsh Lquivalciir.$ at l Ap￿] 2.(IU5.C)63 2,J71.LOg C..1s1i ai)d cLsli c4iiiv.'IIc1i15 ar 31 M.Ircli 2,,)75.214 Tht 2ccoini)iin}ryng 41ccounting })olicies #nd noits forni ?n inicgr.21 p.?n o(thcsc rJn#ncl￿ statements. 24 $raTLy￿rA$ ford￿ iM3r¢hX)24 Principal accounting policies Ilasis of prLparation Th. fiDAniJA151aLements been preP￿d ￿ accordance with Aicoiinting Rel￿Thing bi, Charities: SuEemeni of R¢ionuJiended Praitice appliiAblc 10 ihariiies weFwing thilf aciounts tn ALLordxni< wih the Finanii RtF)orting Srind&ird pplicable Ln the UK Jnd Rcpublii OF1￿￿￿(FR5. lo2)￿1$ issued in O¢rvl)er 2019- Char¢i¢cs SORP ITRS 102) and Ihc Cts)rnP￿iCS Art 2(X)6. WillLn Ho5}iicc IncC￿ tht dcfinAiion of a ￿blIC ￿[b￿lI CftliEy undcr FRS 10? Asse￿ and liAbiiitics arc initi211y rLcognisid xr hisrorieaj c05t or transaction valuc Unlcss othcrwi5e siaicd in rhc relcian¢ ACC￿1Th[ln8 })olig' notl￿. The .?Ckoiinr5 #re prepartd in Sterling (JBP. which Js the fiJnrtton21 curw of rhe cOmp￿y. Monetary arnounts In thcse fin3n¢ial 5r2iemenrs are rounded ro ncarcsT £. Basis of cc)nsL)Iid2tion The Rroui) financiAI suttm¢nts con501idxte those ofthe H05pic¢ and its ￿[diAry ijndertaking See noie 5, drawn up tc) 31 Mi1rch ?0?4. The rtsults of the J-la5pi(e's non-chatiDlilt Tf3din2 subsidiary have been incorporated on a line by lifte bLsis. knpluses or deficits on tnua %rLWP U2n$2ctions are eliminaTed in ￿11. The prLi)Aration oFfinancial 5tarcnirnts in complR3ncc with FR5 102 rcquir¢% Tht usc of ccnain £riiicAt accounting cgtintsits. It atso r¢qutris nwJ%rrnerJt io cxrrci5t iudgtnicnt in appI}ry￿ ￿ Hosiiicc's accouniing Fwlia¢s. T]Jc F)rinciFU] accowiring policics of H05PiCC aTt ser out bclow. Going concem At tht time of approving the financi21 starements the Both4 hai* 2 reasonkblt eX￿ctatiOn thai the Hospice has adrquAtc rcsoiirces to £onThnue in operArional cxi5trncr lor the forcsccablc ThtL% ¢h¢ ￿3rd continuc to adopt rhc going ¢onccm bxsts olaccounting in PrCpaTi￿ the knciat 5t2tcmcntk Income All Imone¢Ary'doJLiftorLS.￿d qifrs Arc included in fitll in the statett￿nt of finxncial actJVl¢it% whtn rcctis?ble. F)roiided rhAr Iljcre arc no donor-irnposed resiriciion% 2$ 10 ihc timing of the retsted expcndtiurt, in whidi case retoqnitjon ts dcfcrrcd until thc P￿-COndition l)xs be¢n met. Gifts_in-kn'nd art 2ccounr¢.d for at the Trttstees, tstim2tr of value io the Hospirt or s21e I￿Ut L% folloM's: a$5cts recei7Kd fot distribution ￿. tlic Hospice are rccow15ed onl} w,hcn dxyiributciL. assci.% rccctved foi art rccognftxd onli- 7*hcn sol(L. gifts of frxed assets for HosPiCC or (wJ& For acqtitiing fixcd asscrs for Hospice u5t art accountcd ia5 T￿￿1C[¢d fim&) JJMixcth"atelTr on rccthpr Intangihle u]come J5 i.durd inc]￿-d ¢n income to the extcni dut ir r4pre%tnts goods or serii£es which wvuid othenvis¢ be purcha%cd. An cquivklcnr is chrged as txycndirure. Voluntary help J5 tLOt included 2$ incom¢. 25 Il'ill¢rt Howrje FI￿￿0115t11L￿ttts for Ihi ¥rifiYK&.d.11 Mi Iich 2024 Princlpal accounting policies (continued) Siaititory lijndtng is iniluded within incotiit on an Aca71￿5 basi5. Goi'ernnient %rAnts are reoowi5ed upon entitlejnent. L)onatiorts iincler Gift Aid, CORirh¢r with the AssociAttd incoJii¢ tax rccoveries, ￿ credited as sDconie when dO￿li0nS Ar¢ r¢¢eii#ble. Lcgici¢s LcRaciL5 fo which thL HosyicL' i5 LnLiIILd are indudrd in thc siaicnicnL of finAnciai activitie.s whcn rcclipt is probAbl¢, And ihc amolint be rtliAbly Ji)exsLllCd. Inv¢stmeni incomv cortiiiri&L'5 dividend5 d¢clar¢d diwinR the AccoiJniin£ iieriod. Inconie froji) 41)oted investni¢nts is recognisLd when rvceii'Able. pcndiliire, which ].% chxi'gLd on an xcniAls bA.%2.8, 1% Alli)cxtid bLlWCCn: cxpcnditLire inciirrcd direcily io rhc fiilfiliiicnt ofrhc HosF)icc'.% objcctii'cs (dircct chariiablej.. txptiiditijrt inciim.d dirertly in tlit tffurt ru nisc i'L)liinL1ry Ct)ntribiJtlL)ll.4 (tiind r1Lsing 11)d pu171iciry),-.Ind cxpcndirure incurred Ell tlic g71)I'crnincc of Ilic Hos1)ICC. All e..%peJiditure hiis l)¢en e1&451Pi*d ijiidei. he.Idink75 thii r We￿71[{. thll costs relited ro thar ca￿.￿(1ry. Where Ccied ftini45.lre doiiiitlons Ilnd otlicr incomin* resources r¢ceii'cd or%cncr2tcd C(Ir ¢xp¢nditurt on tlic.qcncral objcctiics of rlic H05I)>CC. Design11 (CLI fijnds ii rc unrcbtrictcd fuiid5 which111ve bccn dcsigni?rcd for si*cJfic i)Iirp05Cb by tlie Tnisr¢e¥. Int.Ingible 2sscrs Intingiblt .95Stts con%i%t ofiT softwarc. Inii2ngiblc Asscts arc Amort15ed over 1 period of btnvetn 3_5 ycirs. T2114ibli tixed assets Tilngiblc fsxtd ilSSC£S cosiiny tnote th.ln £l,OIXI 1rc 5l11cd ii C Cost or viluiltion, T]et ofJny i>rovision. Deprt'ci2rion is calculared ro wr2rt down the cost ol Ill TanwI)Ir fix¢d ￿7￿￿tr3 Iirld for Hospice Ofhcr rli fr¢eliold laiid by tqtial annuJl ii)sralniiiifs Ovtr rlitir cxpe¥ted vst fill IiiY5. 26 Il'ilkn Hyi¢c 5f4frDvfXS ftst￿. iMarth2024 Principal accounting policies (continued) The pend% wtrally applii-ablc are: Fr¢¢hold p)rope E41111)ment FLindrAising a$5et5 IT hArdware Moior vikncles Luehold impr0￿me￿Ls Assets imder CL)nsm￿lI1￿ 10- 50 >Yars 3- lo￿[$ 3- 10 Fyars 3- 10 ¥YxYs 3-5}rar5 - yeats (ltt¥th of the It￿) dwo2ttd Ini'¢.stlllLn Assets held for Envesini¢ni IJWTK)ses ut itKludvd ai marktt valiie ai thc bAIAnii theer dai¢. Nci 2xins and lossts 4ris¢n% on revaluations and diswjls during rhe year are included in the STrrtm¢nr of financial .4¢rLVlties. Srucks Siockb" ar¢ stat¢d aT thc lowcr of cosr and n¢1 T¢aiisAblc ialur. Dcbrors Short terni dtbiors are mraswed Al tran5aaion pticc. less Any Im￿rn￿nI. rs wprcsented by cish in hand and dtposits with firhinciil institutions rep.iyibl¢ wrthour pen?lry on norirr of n£it morv th&in 24 hours. C".ash tqiJii'11 leiiE5 are hEghly11411id iiii'¢stmeDts th)t m1tt1re in no rnLire than thret rni?iiths fttim the dar* ¢)f .IC4UiSitiun 3nd rhai are readily conitttihle 10 known amotints ()f cash with i￿l￿T￿lfi¢.1￿E risk ()f clian￿ in 111u¢. Crei4itors Short tcmi crcdttors ire measiw¢d At ihc rrAwLEJcrion iirice. rJn.Ini1411 insrnunents Financial atsc15 and liabilitJ¢s ￿(0%1)Is¢d on Ehc Balance &>tet whcn Ihc HosFTrlC¢ hJs k￿coMe a party Ic) the contrartual prolis1o￿ tsf tht instruntrnL Leas¢d Jsscts Pawtnts madc under o￿tatIng chargrd ro the statrmtnt of financial aaiiirLts on &? Strai¥li¢-Iinf basi¥ oi'eT t￿ lease trtnL .rintk4 contribiEiion sch& inrs Tli¢ pgrlsion rosrs Cha￿*d 2b7JllLSt r¢sults in thr yar rewsent tht 2moun¢ uf dic conrributions payablc in resptct of the accounting pcrio Acci)unrii)g LsrimJr15 and jud&?Im¢iits In 4ippI}ryrtg the Accounting N)Iirics. Ihc Ttustees kivc nLqde criticil accowiiing judgcmcnts. csrirsbiics xnd a5511niprIoii$ 3boiiT tlie carrving 3nioiini ol rhe assfrs and liJhilitirs. Micse vstJniJt¢s Jssliniptioiis arv bastd on hi5rorical ¢'XPtrienct and 3Tr rr%'irw'td on a coniinLuI basis. Thr criricaj accoLintirt£ jLld£i'nit1115, I'sriniaies. knd ￿l$sUn1prlOJ￿ tl)ar ￿1.1[4￿1.11 ¢iT¢cr on tlie aniounis rrcO2rti￿d iii tlie fi￿1n¢ll1 sraitnii't?rs for borli rl)¢ Cl￿re￿r and EifxL 27 fotthtiThrrtthd 31 X124 Principal accounting policies (continued) F￿An￿1a[ )'¢ar$ are disC[￿ed ￿lOW. lmiixim￿ni testin￿ is iArrÉed oli( for ￿1 Laneible a55e15 And tnvestments ar lh¢ )-earend &it w.heri there is xn indication thAt lmi7￿rn￿￿t emsts. For the i)1￿105¢5 of iniiwm?¢nt te5tiw CArnYn% Aniounts of the tanAible afL fLvi¢wid And an unp2trn*nt loss is r¢Co￿l￿a whLTC thc amounts excLcd the A$5Cts ret(￿￿le Le%kcJes 2re rtco%n¢sed tht whtn the ctiierij oFenrLdemtnL probabsl¢Thr and cerrxinry oF1m￿lnt can be mec All dtbrors are rcviewed to de¢¢rmJne if 2 bad dtbr proi'ision is rcquired for each b21Jncc. timxres iiirtCjAiion merhods, usefu] ILVts And residt￿ vAtii¢s ar¢ riiitwcd at each ba1￿ce shL*t dAce. The £ain or1055 Arising on t￿. dispos2[ or rciir¢mcnE of an itcm of F)foiiiYry. pknE and CqLiipm4 nt is d¢¢¢rnunLd ts th- dJ((crcncc btrn'CLn th. SAIL￿ procccd5 knd thc cjrying amounr of thc Lsscts and ts rrco2nisid in ihL *arcML￿1 of Finincial ActJlliLC5. Gitts In k￿d are itKludtd tn the f117ancJal stattrnents ai their nwket value 3t the time oFrheir distribiJtii)n. Provisions A proiision Is rtcogniscd whcrc an obligAfiOn CXtst5 for 2 fitÈure li2bdiry tn rCsF￿rt o(a pasr cvent. 2nd whcrc thc amount ofthc oblig2rion CAn b¢ rciL"abl%" estima¢ciL 28 I1,￿.￿ Htsspict FU￿rte1￿ sratelltrts forthc irdr cnJ&uI.11 Mar¢h2024 Notes to the financial statements l DoiiArion5 ,Ind iToliinr.iry income Tot¥I 2024 UnrtsttiCt¢d liesLTiCted Donations (Incliiding gi(i aid j Gifiy in kiiid l Ljli l)88 121,4.50 2,03().438 1,601.474 78,(?3.I Ak*.ICI¢% 444.68L) 444.689 1.499.42U McmtTrTials 2Y0218 290.2111 2.$1.(K)7 l)oiiJrLx4 goods ChrisrtTL?g Ai'iit tiriiit fiiiidjng 2,{%lJ-,.198 2.697.198 2,514.900 ?? 78(1 .S.372.879 121,450 5.4L)4.329 2 A¥iivilii"s for rAi5il)o rtiiids 2024 £i Unttstri¢t¢a fiyJ& LoiiLI'y Illioinc F.Vvnt¥ ai)d iiroinoiilins intomv 440.8140 446.2611 b57,051 585,Oh7 Profil froni IV¢llL'n Hosiiice Vlniiirvs sliops .109,1 %D 17,4,441 1.407.IIL 1,209.77(1 J Invt5tiiirni incoii)e 2024 221.610 218.$23 ank drp03lt5 (￿).748 .142 284..1.511 214.%()i 29 -dsrarth&ttrs fi)r Iht }Yar¢Tr&.d.11 MArch ?024 Notes to the financial statements (continued) 4 Orhei. opcr.Iring income 20Z4 Edu atinn 40..149 Larcriii 6-,.471 32.418 loh Rercntion ￿-hilli¢ RerJil biLgin*&s &UPFlOrt grant Oth¢r migctl1llntoi￿ income l i.(X)8 36.752 Pri)fit on 5alL' invi%lifJtnts i.o?.I 1 ?8.7?6 Sh(Ip Rtftt 1.53.L04 263.707 5 Net incoiML Iroiii non-chariial)Ic trading aciiviLtiS of siil)sidi2ri' A SLunm2n' of rlic ri-.&uIES of tliL tradingT subsidil&ry. Willin HoTicL IleIirures Limiitd (Company numbcr. 2479448 i Js stt otst btlow. 2024 2023 -riiTnovcr 1.407.111 1209.776 051 of 5ale5 j41J.661) (.127.%58) Gross Profil 99.1,4.50 AdnJiiii.%mtJlL cxpcn%. 1458.7J5) (488.622) Other operaiin¥ ¢niome )eratiD¥ ptotii Ji)Ttt¥%t r%iill'ible and %iniil.Ir iiiconJL 534,71) 393,?96 706 20-, Profir foT rhc Y4*if ill)d ror.d COJiiprehillSlI'C iiicon 53.S.421 .79.1,50.1 In thc previou5 yt.lri cIL?nge of polici7 necessit.Ittd rhxt donattd goods wcrc recordtd 15 incomc of tlit charirable eompxny. 30 Wilkn Hry, rin￿[[￿15r3frry￿ for iht ¥tArrth JI MA3L4 Notes to the financial statements (continued) The ner assers and IIabiliries of rhc subsi We￿.. J24 Currfnt ￿5¢ts 283.i34 516.435 C.rtditot5'. atnoiin15 fJll¢ng di￿ one Kl-"4,?74) (31.1250, Torai net l(V2 18i,185 Agg￿are share capilJt J)d rtseryes IOY2(A) lili.111S Thr COAsol1dAIL￿ Sra[L￿nI orrin1na￿ aLTiviries cxcludcs IhL impci of an}. }￿lu￿ra￿. hclp. Th¢ grnul) is r¢liaEbl on a 511bsiAntiAt Alliount of volunian- h.lp in respLxt OF. CLYLAin sui'fK)rt scn-LCC5 Wltlu'n thc Hospict soning. ptknng 2nd sclling in the Sho￿ Opcrai￿ b}. tllcn H05pice VcnNirc% Liniitcd othcr fiind-rAising cl(orts. 7 Analvsis ()t-txpeTJdirute Totsl 2014 Ti)t. (Trkn bdow) 2J42A82 4620i 2J89.085 2,092.387 rt 168J)24 101.7S5 234.726 EvLnts and hndraisi 144.117 96.63i 240.750 266.400 '0]unt￿. fiin&aistn¥ cosrs 51.740 945.490 846.076 1.451,104 -1,4.39.i%9 In ]M)IL￿. 3 ?J8581 290.839 .3.579.420 3,804.JC).S M"LUtts At 14ome 1291%9S 7i.-f36 I.3C19.434 L ?74.0%4 l.Ilkn"ng & Thcrawtic 636D19 34.80 670.8Y4 L)tt)pknedtll￿ Sen'ice 291J50 24.096 315.446 Thr Hiib 2i8.441 2116.642 Goi.¢[t￿n¢¢ 271XX) -58.2J6 8j.?3(? j.743 ?89 i13.713 6251.lJ)2 5.903.9.17 9 ?92M62 SI6.￿14 10.108.106 9.343.-j?6 31 Willtrt ruJkncI￿ stdfrnwnfs for thr %Ydr¢n&d.11 Mat.-h20A? Notes to the financial statements (continued) Analys15 of ¢xp¢iiaTiufL (conLinuLd A¥l11'ltJe5 ￿￿0t]l[l wIih rAising fiLnds fron) coryii)rAfL Slti Ix)It¢rs ￿l'e been 5eiTrxr.Itel>' Idenrified and inclLidLd wiihin 4'()liiniary' fiindrkising. RiChArg{￿ for JllAnkgLIllLlll And oihcr CLnti'xl i)VirhL'ALls hAVL &.Ln cluded H'ithiii i'(IluEifLln, tuJidraisiii¥ l?6?,888 j?OY3 j ?4J,871)). Support kllsts t(Ir,Illiiig £816.004 120?3.. £754,3911 h.ii.i' c)ther c¢nn*il ii'rvjjl's. (-.i)SCs h1Vt' l).i%i.% cit-tl(iur *ireJ. niiTnl)ei' Llt. %t.Itl LJr tTrmti 4pI'nt. To1￿ exiiinditiii'e incliLLIL'S'. The group The Hospi¢e 2024 2024 Audirvr mnLincr.7rio Aiidir $rrvii"rs 2.1,fKKJ 2). 2.1,IXJ) 25,(NX Noii-.Lll&4ir scrviics S.1(Kl 10..1711 l)eiirt&i21il)n 227,919 212,()15 227,919 21?.h15 ()thir ￿￿￿.1¢l[l￿ Ic.I%L rciir..J.% .13C),.16(1 .162.-538 J6?.SJy Lmplii!¢es Staff cusis during dic ycii r were a5 follvw>: 202A i.Y.I2,271 .S,JU(1.350 siulrj￿ ¢vsrs .$14,8(1.1 48.4.%.16 P¢n%toii costs 4.37,tl.$4 411.-S.18 6.908 I)811 6.2UI.724 Contracr st.iff 29.%,173 2Y4.235 Hpalth F.ximinaLJc>n lee ().17C) 5.L 18 7.21,1 i)4() 6,SUI.D77 kl'eragi. iiuiiibtr ot. iiiipIoyi¢s LILiring rl)e vcar was 2.51 (21123.. 22.$). 32 Willen Ho5PK¢ rinan(l￿ fotthti*ArendtJ.11 Matih 20?4 Notes to the financial statements (continued) l--tnF)IL)yees ' conriiiLJed) The nwiib¢r ofeniplo}fL'S reiitving vnioliinienti in the followiftg bxnding> Is.. 2024 L6U.(XII - £70,LXK) L70,01)1- 180,0(x) LI(KI.IK)I k I10.(KK? No Tni&ie¢ receii'ed any riniiJnLfAiion dilrini IhL )'ear and no iXl%Lnses WLr¢ reinjbiirsed. Thi Hu¥i' ii%id £681 (20?.3.. Ll?,$7) (or iiidi'iiiniii, insiirancL bL.h￿r ol-th. TrL￿{Cl5. kLI' Jl).'In.Igilllint incliiding LJiii)Ii)!'Lr s nAiiDnAI instirAnci' And il)iiIIoiLr s Pf114lllti tc)tLilled 13-15,213 ,-?0?3.. L35L),612) fL)i. {) l?0?2: 5) tini yrrs iii the Ire,Ir. NL? L1¥ 1risi's1)i'rnlLSI' tli¢' ￿Tri)lIp'S ¢liirir,Il)li-.irtivirits.In' L xi'inpi trr(iiii ia.1 ,wid dir pri)tIT.$ (If di*. i(tii?ries c)f rlii. irn(kn'ng Slibsidi￿ LinclcrtkkinbT Arc reinirtcd iindcr Gitt Aid 10 (lic Ho¥iiicc. In Ik1.1 L'ik,- ,4I'111t.IkT£' lif %'ifiiili 41)8 ()f Ilit (-.i)tllP¢iJiti'.% Arr 2(K)() iiiid Ibis 11()r iiieliJdLd ITS LiWIi 33 Willrn Hryr¢ F￿￿-T45raTeu￿￿rS fOr￿e ¥tArtded JI 1?4 Notes to the financial statements (continued) I I InrAngiblt fixed Assets Thc wp TF¢ Hopict Totsl i J .4pttl 702J Additli)fLS 119.917 119.912 At31 m￿20?￿ 14)3,??9 193??9 Ar 1 .4ptil 2023 103.442 Amortisthriom tn thc irar 9.664 9.664 At 31 March 2024 113.1(K) I iJ.106 .W,12.1 0.1?.7 Net boDk at 31 March2023 16,470 34 Willrn Ho5PKt sr￿¢n￿tsf0rlht1y￿c￿dCJ.Il MArN-h 207 Notes to the financial statements (continued) Thc gTtNip and th¢ Hn%piiC Freehold COU￿ of consttuttion FuDdr￿]￿8 assets Equipment -4t l Aprjl 2023 6.7(W,274 71.01)3 884.231 -38J.01 I AddiLIDIls 7.b53 121.h( TrAnsfers (3.6iO) 3.650 At 31 March 2024 (),71.3,277 198.40h 915.806 .18.1.011 D￿[¢£7#110 AI l AFiril 202.7 I Ihl,1.74 1705..154 .A.14,h24 Dcprc%l.Iri()n In the l'ear L31.148 66..$19 7.Yg8 At JI MaKh 2024 1.4C)2,28? 671.87.7 .142,622 Net boaE amount at 31 i220,995 198.406 2h.1.9.3.1 40,.ry89 Nrt book at 31 i348,140 71.01)i 218.877 35 Willen IIoTK¢ Finanr1￿ fotrk iT￿r￿ded.￿l March 2024 Notes to the financial statements (continued) 12 '1',.Ingible fixed tssers ionciniied Thc wiiTri ih- HvTIci Motor w￿ld¢S Totsl Hardware Ai l Apnl 20?.I 3T8.537 42,", 74 160,499 8,5ty9.419 Addiiions 21,I.(174 Transfers At 31 March 2024 .150,.320 42.774 l (Il).499 kl.744.09.1 Deptectation At l AFiril ?O?.I 287,201 .19.091 l(70.499 2,787.90.1 De￿LIti￿li in rhc }T 20.yis 1,3(K) At 31 M¥rch 2024 .10,9.li() 40..191 l(70,49L) -1.015.42? Net book arnount at 31 42,164 2,.1,%.1 j,7tTr4,?71 Nrt book it 31 MaTdh 20 5.7kll.516 36 Willr 5fatrnKxhT5forrk Irarr￿3[ )L?4 Notes to the financial statements (continued) 1.3 Fixed .isser iniesmients The Hospiie The invcsimvni in siibsidiari. tsndrnakn"n25 co￿1$ts oftht cost of2 ordirwi 5harc5 0(£1 eAch. b¢ing IOOY of tht issii¢d share caibiul ofwill¢n Hospi£e K'¢ntures L￿MIed. A comi)any incarpnraied in ETr￿14￿d and Walts. whtch Is tht trJding.4uh%¢d¢ary of rhe l-lospice. Resulr$ 2nd iler asstts are n(Ited in nnte 5. The group and rht HL¥SPI&4 At l ..Ipril 7023 388.075 6?6.-$9J 7.014.668 PiiAhaxes Addiiiorn rfini'estment 1.17.471 137A71 Disp>saLs (4J29) {1.02J) 454.5.19 (5552) 454J39 At 31 March 2024 i2J.017 7.￿1[.126 Lisicd inirrfmcnls. all of which arc Uk li5r¢d In￿51￿¢nr4, Arc Mxted at thcir irLid.rrkirkct i'llu¢ Xt 31 Mirch ?0?4. Ti)ert wcr¢ no indiiidual invtsmiints comprisin% over 5% of the value ot Ihe portfolio ar thr JI March ?0?4. 14 %iock5 'I'hc ￿lIP 2023 95 &￿k rew1￿ in cosr of saks duri1¥ dw an £128.953 (2023.. £94J52). 37 Willrn Hwpi STartlli*nTS forthr iYarrndrd.41 MJrth 2024 Notes to the financial statements (continued) l ) Dcbtoi's The group The Hospict 2024 TTadv debiiTrry ?17.372 I,i()tl.4(77 74.142 li.522 1,561,974 81.665 81.427 776.314 ??.7?7 678Jl.S (IlJl,4118 AiiiouJii.% oweil l)v subsidiary ndcTt.IkitiK .$2,.1.fj2 210.518 t33.1,J51 2,.Ib5,.1.I 821.61(7 2..SJ7.56J 16 C1sh ind c,is1i eqiiiv.Ilents The Hospice 2024 2024 2,574,(ill.g 2,(￿],(749 2,.179,514 2,170,458 .526 .$26 2,.57.5,?14 2..1,%U,040 2,170.472 17 C.redirors: JlllLILlllt% t21111i¥ dii(' *'irl)iii i)iie vt3r The pup Thc Hwpice 2024 2024 Amttiint% i)IVid i&) siibsidi24' Ittidirt&iii Ti'ade crcdiior5 .324.235 l()1.435 JUS..11 2 153.164 ial scciirity And OEhfr r>xES PLI)%ioii £viJrribiirivits 130,975 114,1C)4 .l().91.5 11&.16.1 5J+i23 5I).6&)J 53.72J Otlier cirditL)rs 2,082 3.-590 2.(1112 3.51)0 Attni.IL4 #na dffcrrrd in4omt 2{)1.l?u 38Y.(16() 81.£.192 841.010 (Tr9J.21 124.276 38 Wilkn Hryire sY4rrth4.11 m￿h2￿4 Notes to the financial statements (continued) 18 Provi51on% for liabiliLIC5 l%e H￿te 2024 2024 DEJapidation proi'isions L17.0(X) 1 g Financi￿ insrrnmenrs The H05Pi¢t FI￿ assers mc75ur¢d af &r Ilirotigh prolit and lo5$ 2.i75214 2.601.663 2.380.040 2.110.472 osi i3-,.767 i6i.5111 2.3130.8( .l.11?.981 .1 14J)14 2.943.(Tr?I 4.551 ?76 Finaticial ILibijiii￿.' FIDJncial liabilities ac 7?5.715 79.1.10 712.944 Finan¢]￿ ￿tt$ mtAsured at fair Y2ttst ihrough profit and Ioss iomprise olcash and cash t(wi￿icn1$. FinanciAi asstts me3surcd Al amortistd c05t COmi)ri5¢ of trade debTot& oiher debror$ 2nd iccrucd %n¢onii. Financial li?l)iliuL'S rnL2suftd IE a¥nortiSL.d cost comptise of trJJ¢ crrdiTOts. accnt3b. amuunrs owed bip oup Undertak[n￿ as 2ppIiGihle. and other crEdity)r 39 Willtn Hosp￿¢ forr￿ it&rertdtd.11 Mar-h 20?4 Notes to the financial statements (continued) 20 Anal)'sis ()f ner Rssers benl'ecn fiii)d% Ciroiii IirrLni i'car Toral fimds lttrAti¥iililc fixed assets 150.12i Tiijgjlilc r￿ed assets -s.1 68.271 5.168.?71 Jnit4in*nrs 7.bOI.I ?8 7,bOI.1 ?8 Ciirrcn¢ ?sscr5 2,372.26.S l.0(16,569 .1,4.18.8.34 .Iitteni liibiliiLes (813.192) 815.19?) Pn?%'Jsiot)s 14,A89,i95 .O(1(),569 li.9i(I, Grcxii kn& Ii)t.Ll)biiblc fi.ycd 16.470 .),181.516 -5,181.516 Ini'¢sttneotS 7014.()b8 7,Ol4.()h8 CLirrci)t i$51'ts J,1 15.4Jg 129,%,514 5,013.gSJ 847,010) '107,(IW- 1841.010) PTtsi'i%ioiis l.i,i74,0113 1.298,514 l().8i2,.597 40 Willm Hwi<¢ ruJan(i￿ srdfrnwnfs for rhr %idrendrd.11 M￿-h2O)4 Notes to the financial statements (continued) 21 ResrricrcKI (und5 The groiiFTr and the FIo.bi' UTrent ￿ar At 31 March 2024 At I Aprjl 20 Income Expenaxtttrt Trar￿ferS EduL3¢ion fA.492 IIJ03) (10.5011 Clinieal Cquipn￿nr 9.(H2 73.988 (5(7.4931 13.7811 22115 IVLllni ar HDmt .563.1 74 .i.liO (?10._544) {2i7' 3 j8.1 ?3 C.Ipit.Il Appr.Il 625,i83 (48.457) 24.920 )2,(M( Vellbeing Jnd Th¢rayiJti 13.838 1 ().239) 34,549 Ms3c¢ll.)ntous 10.(Tr43 4.426 13J35) (9.01.31 2.121 CCG COI'ID-19 ftsi)diiig 11.74.3 (11.457) 28 1298515 121.450 (353,828) 432 1.066569 Thc Fducation fiuld is io bL tZ5cd lor clinicMI training Tlit ainical equipment is to bc used to rtplacc iicins of dinicai ¢qiiipmcni. Th. Willtn at Home fimd is Ehotiii s givtn to piuvide l-l- t4uipinenE .Trrtd ttaininbT for Elie Mlillen it Homc ce2m and tor Il)t costs of SLttillgT up Palliatll'l Cati Hub. Th. Cxpitsl Appeal fimd i up of .%pec¢lic donllEions b7jl'¢ll to supp()Yr rlii" Hospice building projeci, whicli is being amorrised over the lile oCth¢ donited 35scIs. Thc Wellballg andTherapeutic fiuKI 15 iybidt uy? oc funds given ti) fund sperific costs in tljc Wellbcing 2nd Tiicr,iii¢utJc le.￿1, siich as 5fi2ff costs for specific p05t5. tni'el iosrs and Cor nLqinien2ncc ol- Ihe Th,. Miscellanw fimd is mide up of S￿cl£l( i4on£ltlOnS 7IVin to departments for use bv chost iparrJnLS)ts unlv. CCG COVID-19 Futi&ng covcrs the lost ofclinical F)osrs, ediic&tion and PPE. 41 Will¢n Notes to the financial statements (continued) 21 ResrriLTed funds {cc)niinued) The sro#p 4nd th¢ Hos})Ice • KoniprJLiie ￿ar At 31 Marth 20 At l Apn1 Traosfe Eduiation ts8282 {33.790j (A.,19? ClJ'rtic,d tilLiipii*nt 26.074 ??.4531 {2871 9.04? Vitlm ar Hum¢ 584.517 {zIxwi 27.547 (88kn69j 625,58.1 Ivcllbcing Th￿￿￿tC 37J28 18.476 (42.3991 233 13,8313 MIK¢ll.￿e1xL￿ 355 {20A)401 10,(H.A C.C.G C.OVID-19 Fun' and unLn¢dixg' of 4cTh'irc }IroYi4iL)n, ?roM' * lind iiirtejsc tfficieilcy in c￿[ infr)$tru¢rutt and proc¢yJing. The Phnntd prevent￿¥£ Main¢ezJance fiuA Ttpr¢5tnts ￿n& held Imck ro mJintJin th¢ taciliries and repjir work. 43 Will¢n Ho4pice rittantiJl SrArtn￿￿r1 for bi'Jr¢ndtd JI MArch 20A? Notes to the financial statements (continued) 22 F)e.%ign.Ired flind.% jCI)nrinued', Ciroup Jncl Ihe Hn5F' At l April 2022 Exwditsjre A¢31M 2023 l>r<)prtry I.W3.403 .144.0?.5) H￿SFi1<¢ d¢viloibniillt .289,1(111 11.182,538) 892.710 l.1xx).￿)o ,,d a&41'Ts 337.8) 1 (93.()05) 1!44.?16) (i.(M)l)I IT ￿111*i1,1n¢nf 25,(IX) ?5.(X)O .52LJ 11lnn¢J prevtiit.Irive miiiitcii.Iri¢t 3.1.(MKI 111.(MX)I 25.(KXI Totsl .1.494,521 11 .1.15.521) 11,Illg.(K)Dl 1,050.(XiO Trnn4fcr% w'erc inad¢ ¢0 AnLI (roin i¢iircsrricicd fiinds A% rciiLiircd (Noic 23J. 2.3 l.Inr¢%rricrcd hind riirrenf iyar Detsignated fiuJ& (see notc 22) Odkt dwitabk Revalyation Totsl A¢ l April ?023 1,050.(K)I) 13,8¢)7.48L) 62().59J li.574.1182 lThft)me 8.616,7V7 8.616,7(17 F.xi)rnditiire (9,7i4,278) {9.754.?7,4) 454.5.14) 4.£4.-53Y 1115P(b5*1s TT3n%ffrs (wc nclic 211 11.023) (L.02.11 (4.121 4.121 At 31 Marth 2024 1.050,1)UU 12.759.486 I,OW,IU9 14.813¥.SL)5 Noic ) proi'jdts det.?iltd ilJli71yslY ufrlie sncomc ii nLI ¢x}IcndJttire of (11¢ siibbidTW, Willtn H05I)Irc VtntiLre5 Limittd. 44 Willen Hospice rinall¢l￿ sfJfrD￿ttrsf0rTh¢ iTatr¢d¢d.11 MJtth 1024 Notes to the financial statements (continued) 23 Ljnrcsrricred fiiiids cvniEnued' GroiiF Dtsigllated Other clwitablt fiw& (.- Rcvaluatio notc 22) To¢al At l Apnl 2022 .3.4l)4.571 i().l)91.470 1.381.18( li.867.177 Tncoiiic ')..5(}?,310 ).50?.310 Ex￿1]di¢L1ri. ?Ji) rtrvthIu.Itioii 11,335.5?1' (1.705.145) (9.040..86() (C1?.j.8671 (128.7261 54 (L..) /g, (625.867) 1128.7?6) Dispn5a15 Trts￿flrS (Sly notc 1.1 & 21, 11.1()9.(XKI 1.1119,054 At 31 Marth 2023 i.1).5(l.(KX) 13.8LJ7.48I) 626..$1)3 li.5-, 4.08? Hi)spice- ciirrenr year De$l￿tta th￿$ (stt ootr chAritJble Ktvatuation 22) Totsl At 1 .4pnl 2()23 l.OiO,O(X) 1.1,714..1011 626,-i9.1 1.5..190,90I IIKoii)¢ 8.170,1.$4 8.170,lj4 Expiidinir (Loss ain on revxluation {9.2J3.800) (9.2J3.8110) 454..S.39 434,i39 Tr)tisfers Jiorc ?1) D15pos..Q% At 31 Mardj 2024 (432) 1432) 1.023 I,O.iO,O(K) l ?,b.50.2.10 1,0,40.109 14,780,-1.19 45 Willtn Hospice Fin￿[￿11 5fAlrnicnts far rhr IYArrnard.IL Notes to the financial statements (contAnued) 23 Uiirestricicd FLinds jconrinuedl Hospict. coliipaiatl￿ year Designatrd kn(Ls ( See note charitable Rcva]uatsi)n rc5erFe Total At 1 .4prd ?022 3.494.5?1 10,1)4LJ.13.S 8.1)01).869 1..181.186 li.824.842 Inconic 8.90L).869 ExwnditLirc jLnss) / gJin on revaliiation DIsp(wls TraD$fcrs (s¢¢ norc 22) (1.33j.S?I {7,2.53.7,%0) (8.-58L).?71) 1625,8(77j rf1?8,126) 54 (6? j.867) QI ?8,726j (L.JOY.IXIO) I,LOY.054 At 31 Marck2023 i.O.$0.(K)O 13.-, 14.iOII 626.59.1 li.390,t)OI NHS Pewion Scheme Pxst ind prcscnr CillF)Io}'ff% Art covci'cd bTr thc provision.% of tlic NH,% Pcnsion .khcnics. l)t(aiLs of rhc bcncfir.I pa}ablc #nd nJc.% of rlic Silicnie5 can bc fi)iind i)n tlie NHS Ptngions iiFcbsi(c Xt Mww.nli%b.sR.nl]%.iik/i>tn.%ions. Botli the I C)£)5/?0011.Ind 201) .%cliemcs.Iri .1CCC)wifid for. and thi scliim¢11.1l)Ilityp v21ui dd ￿l_s,7 singlt CL)mbint.d.4rlietne. Both lift Un￿ndid deftned b. .fiE scIILJlli S tli?É t coi'iy N.HS employLfs, Ci[) pr,Icticts ind L)thi'r L)odiLS..?IlowLd undLr tlie dirLcrion of tlie %ccrLtiry uf %i.?ti for 14talrli ,iiid &)ci.11 C.Iri. In E.n Tli1)d .iiid Iviles. y Jri.. Jiot d ,dto bc tun In.1 tv.2!' tliir wolild cnTrblt NHS bodics tD Idcniifi rlicir sh.Trrc of tlic isndcrl}'IAg 4ihtmc isscrs ?nd liibJlJliCS. Therefort, eAcl) .%clieinc Is .Iccounrcd for ii 4 if 11 Wt￿ a dclincd contribuiion .%clieinc'. Iht co%t to rhe NH5 bodi, ol pattrcipatiiig Jn cacli schLJYLe i.s taLtn as L4uJI co tli¢ conctEbuciiiib paval)Ic to El))t xclii'.mi for Elic acctsuiitlEig petTod. In ordcr rl)ai rhc defjntd beiiefii oblJgitIons ￿C0￿￿1$ed In rht fin2nci31 stAteintnt5 do not difitr ￿L)it￿2]ll. froin rh05c iliAt w'ould bc derennincd ar lh¢ rtk)Orting dat¢ bi. a fc)nnAI aaiIAriAI I'AliI.'iiion, Ihc Fll¢M rtquirc5 rhar 'th¢ ptriod bciwccn lomLiI v.'Iltz.'Iiiot15 511ill bt Cour ie'ir5. IVitII Hk k)to.%JtX11¥ rt ii >SCSSTneT](s in intcn'cnsng vtirb An ourline oEthtSt follows.. a) Accounting Vkluation A valiiition olsclictnc liaL7iliry is cxrrjtd OLlr annuilly b}. tht scl)cmc ac[￿￿r). (ajrrentl!. the Goi'trnmcnr .4crLLIry 5 Dcparttili-nt12S .It dii cnd ulilit ￿P￿r¢i]I17 PLrio 4. TIIL) urili.%i% an actUttri.11 t$$issmitit fur tlic prci'ious actuunting perirjd Jn conjui)ciioii wicli UExlJt¢-d niiYilYr.%liip aili4 t-u].IntI.￿ 4ata far tlii- turri'J)r ri prtin i Ptriod, Jiid is acccprf lin T SUltJl)Iv rol)u.sr tl Tufts for lii)anrial ri potting purposcs. Tlie valu.?rioii of the scliinii" li.Il)iliri' as Jr 31 as proi'ii ?()?I, iiiK4ited ro.3 l M2rcli 211?4 ￿'id} 511mmiir!' glob.Il tntmbcr M.Trrch ?{)?4, 15 b,i>cd on i'2liiitIon d.Iril,i>.11 Mucli_ And Accoiintjng d3it In unden2kin£ ihis IC(i￿ra￿l xssesStneT)E, Ili¢ mttl)odolo¥n' pre5cribcd ii) IAS IL), relcvxni FRCM inri'rpri'l,Irions. .Ink di.scniiiii fatr pri'5cril)%{4 1)! HM Trt asiir}, liai'i. a150 brin itsrd. The 13tcst isscssmeni oltS)c liabiliriK (If the sche2nc is conrained in tlie rcpL)rt of llie scherne acniari.. whjch fornis parr (if rlit JnnLiII NH5 P¢nsiLin Schtme .4ccouJir5. Mitse ttccotints can bc vitwtil on rhe N14S Ptnstolls wcbsire Ind 1rc ¥)iiblis1)cd 4innuill}. C.opits c2n 421ts0 bc Libriined Crom 'l-Iic_%titiunery Officc. 46 Willen Hwpitt str&rciiieDts lorth¢ iYarcndtJ.11 Mdrch ?0?4 Notes to the financial statements (continued) b) Full Actuari￿ (fiwding) Yaluatton Tlii l)Ull)0s{ fJlthi% I'aiiutlon 15 tO.JSsess the levL,l of lubjlity in LesP)tkr olthc bin'Abl,. frotii Ai)ril 2024. Thc DeptttEmeii[ i)t He11rh ind knciill C.31E has Lecently l.Trtd S-heme Regiilit¢c)n_4 the eTnplciyer ionttibutioii rate ivill iliarcise LL7 ?3.7 10 (?t ￿li$lL)nable ply from l Api'il ?0?4 (previ(1￿$1!, 20.()O/.). -fht LOTh Lost LAI) ¢05t ofthe 5ihenie }%'#5 calLldxTed ro bt oitisidc. of the J /{) i051 LAP) iotridor AS At 31 March 2020. How'lvcr, whL'n the w'ider iiOllOmli siriiAiion takln Into 2iiOllftI IhroLigh rhi LoonoLI)If to>t i2P cosr of rh¢_5ch¢me, rhc cost C1p) corridor w'1s not Similarly l)r¢.Ich¢d..4s ? result, rhere w'is no Imp)rt on the Incmbcr hciictit smicrure or coiirrtbutioii r￿lIes. PinsiOtL Appointcd 10 ait ￿ Flcnsian_s Firovjdcts lor Aiito Enrolmcnt rcqiTircmc)It.4. Th¢ HoEpJcc and iifdiLn Hts_&PliC Vcnit￿¢￿.£(￿gY11ig darc for Aiito cnroliiicrjt dcdiictii?ns IliTrrd 201,5. Thc PcoFIIt s Ptnsion ]% a inulci-clliplovcr worki.lacc Fwn%ion.s¢herne (AL%0 known a Ena5ttr trn%rj foundcd and xdmini.sicrcd b}. t4&CE. Ir 11.2% iaunclird sn ?01 I as x i)rodvci sP￿C1ficjll). rAilorcd to dc?I witli Fitn.%ion s .iiiro-tiirolTntroT. The Scheme is riiii l)y an indepeiident rtllSte¢. Ivhich h.15 2 ILg,I1 dury ta act in rhe bf.sr itirertst ot the Meni￿rS. Thc 5chcmc is 3 dcfincd bcncfii %chcIiic. llit sclicnic is not dr%igntd ro bc rlin in x i%'%i' tl)xi M'oiild cnablc iiidii'idual orgvinis.Icioii% rLi id- 'fy rliiir sliirt L)t tl)e uiidirlying? scliilnt .75SCfS.111L4 li411)IlItlLS. Tliititi)rL. tIi¢ sclILrnC 1CCLTrUtirtd tor as it It weil J difinid rontributIon scl)emi'. ¢lie c05t 10 tlii individk5,I1 L)r T.Ill l￿11101)5 i)1 pJrticipatitigi in dii scliÉme is takl'li as cqual iu the coiJtriburiorLS paiyal)li' to tlie.siIi¢EnL for Elit Jccounting PLriod. lji orL4er tli.Ir rlif deFiiiid heiiefit obli¥aEJOnS rtcognisid iii Eh. fu)Jiiri.715Lireineiiis do nor clifttrr Thateriallv troiii tIios¢' tliat woul I l)t ilrccm)¢llLL4 at Ilit TL IIV 2 lornjal 1CtLiaFiJI I'ttlu3tioJ), rlil. FRI ￿1.,H￿.1 -l-rtXsuri, Financial IlcFiortis)g Mil IILial) reqli1￿5 thAt 'tl)c k)etiod bttwecn fr)nThTrl i.Ilu2tions sh￿1 be four i-txrs, wirli a} F)roxitTh2te .155tssmcnls in intervtnjng )'t.vs 47 Will¢n r(*rht It￿e￿￿J 31 March 10>4 Notes to the financial statements (continued) 2) r.inJncE.Il iornmirmcnr5 .Inil H, lljt followtng OFYrJring Irtse co¥nmttFnents are due ¥%ithin onc ycJr. The conttacts to whicli rhcsc JmoLUtts rrlJre rxpiit Js follow ?024 and buildin 20?4 LJnJ JThl Other L)Ihi-r In rm¢ or Itss 279.(Ql I￿.[￿6 Btmyfll five iO?_104 yfats 1?8J71 2iO.I 10 25.151)40 lJ).12J)15 194.3 ?6 Kelxrta p2m- Innsacrivns Willcn Hospicc ve￿rU[c* Limitcd ys a wholly owncd subsid12￿. oc the Hospicc aTrd As siich hx% rakcn adwAntAgc ofthc cx¢mpiion conlcrrcd bi. 5L'ciion 33 RcIai¢d Party D￿CloS11￿$ not ro disclose tran5%uions with oth¢r mtrnl)ers of rht gr(wp headed by Wdlen Hospice. There were no Oth￿ related pary tr￿$?{[10ns othtr thlosed in ￿te 8. 27 (.ornpan}' LmiTtd bi. ¥LL1￿nIte Thc mcmbcr5' liability Is limired io £1 mcmbCr/tn￿1rC in tht tvcnt thaf Ihe comptsny 1% wound up whi]sr Ihat F*f50n is x mtmkr or within 12 months of them resiping as 2 mcmbcr if rhe li8btliiics cxcced tht 2ssc( 28 (.onrrollLng pany Tl)e contyokng paw is dtmicd ro ￿ the B02rJ of Trusrc¢s. 2() SubstqLrenT eyenrs After the yexr end ihc Ho_spice cotnmiltcd ro a prow of rcpairing rcfurbishing rhe original Hospice building wknch t$ CXFCCtcd to bt complcicd oycr the ntxt firtancial )-car. Tht costs OF thi5 prograttllne Arc antitlP3ttd io be in the rcgon of Él million. 48