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||||||page|
|---|---|---|---|---|---|
|Welcome||||||
|Objectives &Activities||||||
|The Need||||||
|Our Approach||||||
|Our Vision, Mission &Values||||||
|Our Main Activities||||||
|Delivering<br>Public Benefit||||||
|Our Strategy||||||
|Performance<br>g Achievements||||||
|Meeting our Objectives||||||
|Future Plans|||||14|
|Financial Review|||||15|
|Reserves|||||16|
|Investment<br>Policy|||||16|
|Risk Management|||||17|
|Commercial<br>Performance|||||17|
|Fundraising<br>&Marketing||Performance|||18|
|Fundraising<br>Approach|||||19|
|Structure, Governance||&Management|||21|
|Reference &Administrative|||Details||24|
|Statement ofTrustees'||Responsibilities|||26|
|Audit Report|||||27|
|Independent<br>Auditor's|Report to the Members ofSt Margaret's|||Somerset Hospice|27|
|Financial Statements|||||31|
|Consolidated<br>Statement||of FinancialActivities<br>for the year ended||31March 2021|31|
|Consolidated<br>Statement||of Financial Position as at the end of31March 2021|||32|
|Charity Statement of Financial|||Position as at the end of31March 2021||33|
|Consolidated<br>Statement||ofCashflows for the year ended 31March 2021|||34|
|Accounting<br>Policies|||||35|
|Notes to the Financial Statements|||||40|





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|Mr J Langdon|(Chair)|Nominations<br>Committee<br>(Chair from 4 November<br>2020), Finance|Nominations<br>Committee<br>(Chair from 4 November<br>2020), Finance|Committee|Committee|
|---|---|---|---|---|---|
|||(Chair to 31December 2020), Income Generation<br>& Marketing<br>Committee||||
|Mrs G Atherton||Audit Committee,<br>Human<br>Resources &Remuneration|Committee|(Chair)||
|Dr P Cavanagh||Clinical Quality &Education<br>Committee<br>[resigned 31|December|2020],||
|||Nominations<br>Committee<br>(Chair to 3 November<br>2020) [resigned 31December||||
|||2020]||||
|Mr P Colton||Income Generation<br>& Marketing<br>Committee<br>(Chair),|Nominations|Committee,||
|||Transformation<br>Committee||||
|Dr A Grove||Clinical Quality &Education<br>Committee<br>(Chair), Nominations<br>Committee|||(from|
|||4 November<br>2020)||||
|Mr KJones||Human<br>Resources &Remuneration<br>Committee||||
|Ms N McClean||Finance Committee<br>(Chair from 1January 2021)||||
|Mr TSamuel||Audit Committee,<br>Transformation<br>Committee<br>(Chair)||||
|Mr PTucker||Audit Committee<br>(Chair), Clinical Quality 8 Education|Committee|||





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|||||Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Unrestricted|Restricted|2021|2020|
|Income from:||||||
|Donations<br>and Legacies||2,815,337|1,538,533|4,353,870|4,288,566|
|Other Trading Activities||2,515,678||2,515,678|5,778,477|
|Investments||183,428||183,428|177,814|
|Charitable<br>Activities||28,065|4,866,726|4,894,791|2,627,490|
|Other Income||1,148,442||1,148,442|570,694|
|||6690~950|6p405 259|13~096209|13p443 041|
|Expenditure<br>on:||||||
|Raising Funds|6|(4,361,455)||(4,361,455)|(5,953,122)|
|Charitable<br>activities|7|(368,511)|(6,528,207)|(6,896,718)|(7,848,110)|
|||(4p729p966)|(6p528p207)|(11258'173)|(13801p232)|
|Net gains/(losses)<br>on investments|9|1,093,240||1,093,240|(366,053)|
|Net income/(deficit)<br>and||||||
|movement<br>in funds|10|3,054,224|(122,948)|2,931,276|(724,244)|
|Corporation<br>Tax Charge||||||
|Transfer between<br>funds||||||
|Net movement<br>in funds||3p054 224|(122p948)|2,931,276|(724,244)|
|Reconciliation<br>ofFunds:||||||
|Total Funds brought forward||15232'160|2751p624|17983p784|18708p028|
|Total Funds carried forward||18,286,384|2,628,676|20,915,060|17,983,784|





||||||TotalFunds|TotalFunds|
|---|---|---|---|---|---|---|
|||||Note|2021|2020|
||||||6|6|
|Fixed Assets|||||||
|Intangible<br>Assets||||12|325,250|260,742|
|Tangible assets||||13|7,590,506|7,939,995|
|Investments|||||7,654,648|6,466,762|
||||||15,570,404|14,667,499|
|Current Assets|||||||
|Stocks||||14|192,834|213,378|
|Debtors||||16|3,137,920|3,390,785|
|Cash at bank and|in hand||||4,747,069|666,509|
||||||8,077,823|4,270,672|
|Liabilities|||||||
|Creditors: Amounts||falling due within one year||17|(2,733,167l|(954,3871|
|Net current assets|||||5,344,656|3,316,285|
|Total assets less current|||liabilities||20,915,060|17,983,784|
|Total net assets|||||20,915,060|17,983,784|
|The Funds ofthe Group:|||||||
|Restricted<br>Income|Funds|||21|2,628,676|2,751,624|
|Unrestricted<br>Income Funds||||22|18,286,384|15,232,160|
|Total Consolidated||Funds|||20,915,060|17,983,784|






## 

||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||||Note|2021|2020|
||||||6|6|
|Fixed Assets|||||||
|Intangible<br>Assets||||12|325,250|260,742|
|Tangible assets||||13|7,480,589|7,862,094|
|Investments||||9|7,655,148|6,467,262|
||||||15,460,987|14,590,098|
|Non-Current<br>Assets|||||||
|Debtors due after|more||than one year|15|320,590|774,775|
|Current Assets|||||||
|Debtors||||16|3,128,761|3,383,547|
|Cash at bank and|in|hand|||4,695,150|616,103|
||||||8,144,501|4,774,425|
|Liabilities|||||||
|Creditors: Amounts||falling due within one year||17|i2,716,270)|(943,773)|
|Net current assets|||||5,428,231|3,830,652|
|Total assets less current|||liabilities||20,889,218|18,420,750|
|Total net assets|||||20,889,218|18,420,750|
|The Funds ofthe Charity:|||||||
|Restricted Income|Funds|||21|2,628,676|2,751,624|
|Unrestricted<br>Income||Funds||22|18,260,542|15,669,126|
|Total Charity Funds|||||20,889,218|18p420,750|






## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||6|6|
|Cash flows from operating<br>activities:||||||
|Net cash provided<br>by/(used<br>in) operating|activities||26|2,235,923|(240,390)|
|Net cash provided<br>by/(used<br>in) operating|activities|||2,235,923|(240,390)|
|Cash flows from Investing<br>Activities||||||
|Dividends,<br>interest and rent from investments||||183,028|174,526|
|Proceeds from the sale ofproperty,|plant, and|equipment||400|599,885|
|Purchase ofproperty,<br>plant and equipment||||(159,761)|(372,776)|
|Purchase of intangible<br>assets||||(84,384)|(145,293)|
|Purchase ofinvestments||||(1,360,232)|(1,077,031)|
|Disposal ofinvestments||||1,112,630|888,201|
|Movement<br>in cash held for investment||||152,956|90,874|
|Net cash (used in)/provided<br>by investing|activities|||(155,363)|158,386|
|Cash flows from financing<br>activities||||||
|New bank loan||||2,000,000||
|Net cash provided<br>by financing<br>activities||||2,000,000||
|Change<br>in cash and cash equivalents<br>in the reporting||period||4,080,560|(82,004)|
|Cash and cash equivalents<br>at the beginning ofthe reporting||||||
|period||||666,509|748,513|
|Cash and cash equivalents<br>at the end ofthe reporting||period||4,747,069|666,509|





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||||Total|||Total|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
||Funds|Funds|2021|Funds|Funds|2020|
||f|f|f|f|f|f|
|Private donations<br>and|||||||
|'in memory'|1,283,845||1,283,845|1,430,655||1,430,655|
|Legacies|1,360,932|1,355,433|2,716,365|2,133,626|291,134|2,424,760|
|Revenue Grants|170,560|183,100|353,660|68,262|364,889|433,151|
||2~815p337|1~538p533|4p353p870|3p632p543|656p023|4 288p566|
|Included<br>in the above legacies isf2,076,005 (2020:f2,189,282)||||which has been|recognised||
|in line with accounting|policy, which|had not been|received<br>by the Charity at the||year end.||
|Other Trading Activities|||||||
||||Total|||Total|
||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
||Funds|Funds|2021|Funds|Funds|2020|
||f||f|f|f|f|
|Charity Shop income|1,468,454||1,468,454|4,736,326||4,736,326|
|Lottery income|768,719||768,719|818,651||818,651|
|Funeral<br>Home income|215,521||215,521|174,939||174,939|
|Ancillary<br>Trading|62,984||62,984|48,561||48,561|
||2,515,678||2,515,678|5,778,477||5,778,477|
|Income from Investments|||||||
||||Total|||Total|
||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
||Funds|Funds|2021|Funds|Funds|2020|
||f|f|f|||f|
|Dividend<br>income|136,828||136,828|139,532||139,532|
|Bank Interest|||||||
|Receivable|2,486||2,486|7,277||7,277|
|Rents received|43,568||43,568|26,664||26,664|
|Birds Farm &|||||||
|Investment<br>property|146||146|1,053||1,053|
|Gain on disposal ofa|||||||
|fixed asset held for the|||||||
|use ofthe Charity|400||400|3,288||3,288|
||183p428||183,428|177,814||177,814|



## 

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## 

|Activities||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Total|||Total|
|||||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
|||||Funds<br>f|Funds<br>f|2021<br>f|Funds<br>f|Funds<br>f|2020<br>f|
|IVHS Primary||Care Trust|||2,340,668|2,340,668||2,587,596|2,587,596|
|Hospice<br>UK||—Covid||||||||
|Funding|||||2,384,287|2,384,287||||
|Other Charitable|||income|28,065|141,771|169,836|39,894||39,894|
|||||28,065|4,866,726|4,894,791|39,894|2,587,596|2,627,490|
|Other Income||||||||||
|||||||Total|||Total|
|||||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
|||||Funds<br>f|Funds<br>f|2021<br>f|Funds<br>f|Funds<br>f|2020<br>f|
|Government||Grant - Retail,||||||||
|Hospitality|and||Leisure|||||||
|Grant Fund||||400,703||400,703|545,000||545,000|
|Government||Grant-||||||||
|Coronavirus||Job|Retention|||||||
|Scheme||||716,875||716,875|21,991||21,991|
|Other income||||30,864||30,864|3,703||3,703|
|||||1,148,442||1,148,442|570,694||570,694|



## 



## 

|Raising F|und|s|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total|
||||Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Funds|
||||Funds|Funds|2021|Funds|Funds|2020|
||||6|6|6|6|6||
|Costs ofgenerating|||||||||
|voluntary|income||647,219||647,219|825,907||825,907|
|Shop costs|||3,173,156||3,173,156|4,265,713||4,265,713|
|Lottery costs|||221,029||221,029|321,615||321,615|
|Funeral<br>Home||costs|276,839||276,839|497,318||497,318|
|Investment|||||||||
|Management||Fees|43,212||43,212|42,569||42,569|
||||4,361,455||4,361,455|5,953,122||5,953,122|
|Allocation|of||||||||
|Support Costs|||||||||
|||||||||Total|
|||||Support|Total Costs||Support|Costs|
||||Direct Costs|Costs|2021|Direct Costs|Costs|2020|
||||6|6|6|6|6|6|
|Voluntary|Income||||||||
|Generation|costs||516,717|130,502|647,219|704,033|121,874|825,907|
|Shop costs|||2,848,393|324,763|3,173,156|3,809,564|456,149|4,265,713|
|Lottery costs|||200,845|20,184|221,029|311,011|10,604|321,615|
|Funeral<br>Home||costs|250,023|26,816|276,839|479,671|17,647|497,318|
|Investment|||||||||
|Management||Fee|43,212||43,212|42,569||42,569|
||||3 859p190|502p265|4361~455|5346848|606p274|5953'122|





## 

|||||||||Total||||||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|||Restricted||Funds|Unrestricted||Restricted|||Funds|
||||||Funds||Funds|2021||Funds||Funds||2020|
||||||f||f|f||f||f||f|
||In-patient|units||65,166||3,617,816<br>3,682,982|||3,446,983||1,647,827||5,094,810||
||Community|Care||47,033||2,910,391<br>2,957,424|||912,967||1,588,060||2,501,027||
||Education|||256,312||||256,312|252,273|||||252,273|
|||||368,511||6,528,207<br>6,896,718|||4,612,223||3,235,887||7,848,110||
||||||||Support<br>Total Costs|||||Support|Total Costs||
||||Direct||Costs||Costs|2021|Direct|Costs||Costs||2020|
||||||f||f|f||f||f||f|
||In-patient|units||2,968,027|||714,955<br>3,682,982||4,356,323|||738,487|5,094,810||
||Community|Care||2,258,769|||698,655<br>2,957,424||2,026,413|||474,614|2,501,027||
||Education|||195,773|||60,539|256,312|206,408|||45,865||252,273|
||||5~422p569|||1~474p149<br>6p896 718|||6 589p144||1|258p966|Tp848p110||
|8.|Allocation|ofsupport|costs||||||||||||
||||||||Costs of||||||||
||||||||Generating|In-|Comm-||||||
|||Retail|||||Voluntary|patient|unity|||Total||Total|
|||Trading|Lottery||Funerals||Income|Units|Care|Education||2021||2020|
|Staff|||||||||||||||
|costs/salaries||220,558|13,708||18,213||88,629|485,551|474,481|41,113||1,342,253||1,298,822|
|General Office||40,100|2,492||3,311||16,114|88,279|86,266|7,475||244,037||252,092|
|Finance Office||3,965||246||327|1,593|8,729|8,530||739|24,129||42,836|
|IT~||46,749|2,906||3,860||18,785|102,916|100,570|8,714||284,500||232,392|
|Legal/professional||8,204||510||677|3,297|18,061|17,649|1,530||49,928||20,577|
|Audit||5,187||322||428|2,084|11,419|11,159||968|31,567||18,521|
|||324763|20|184|26|816|130p502|714p955|698~655|60p539||1976p414||1~865~240|





## 

|Net gains/(losses)<br>on investments|Net gains/(losses)<br>on investments||||
|---|---|---|---|---|
|Group &Charity|||2021|2020|
||||6|6|
|Net unrealised<br>investment|gains/(losses)|on disposals ofinvestments|10,064|(336,563)|
|Net realised gains/(losses)|on investments||1,083,176|(29,490)|
|Net gains/(losses)<br>on investments|||1,093,240|(366,053)|
|Listed Investments|||||
|Group &Charity|||||
|Movement<br>in market value:|||2021|2020|
||||6|6|
|Market Value at 1April|||6,326,762|6,594,860|
|Acquisitions<br>at cost|||1,360,232|1,077,031|
|Disposals|||(1,112,630)|(888,201)|
|Net investments<br>gains/(losses)|||1,093,240|(366,054)|
|Movement<br>in cash held for|investment||(152,956)|(90,874)|
|Market Value at31March|||7,514,648|6,326,762|
|Historical Cost|||5,709,730|5,285,664|
|Investment<br>Properties|||||
|Group &Charity|||||
|Market Value at 31March|||140,000|140p000|



|Investments|in subsidiaries|||
|---|---|---|---|
|Charity||||
|||2021|2020|
|||6|6|
|At 1April||500|500|
|Acquisitions|at cost|||
|At 31March||500|500|





## 

|Analysis ofinvestments|at31March 2021between|funds||||
|---|---|---|---|---|---|
|Group|||Unrestricted|Total Funds|Total Funds|
||||Funds|2021|2020|
||||6|6|6|
|Listed Investments||||||
|UK quoted fixed interest securities|||1,029,577|1,029,577|964,949|
|Overseas fixed interest|securities||598,830|598,830|535,580|
|UK quoted shares|||1,618,989|1,618,989|1,268,059|
||||3,247,396|3,247,396|2,768,588|
|Other Investments||||||
|UK Investment<br>property|||140,000|140,000|140,000|
|Overseas investments|||2,555,071|2,555,071|2,024,248|
|Other<br>UK investments|||1,545,585|1,545,585|1,214,374|
|UK cash|||166,596|166,596|319,552|
|TOTAL|||7,654,648|7,654,648|6,466,762|
|Analysis ofinvestments|at 31March 2021between|funds||||
|Charity|||Unrestricted|Total Funds|Total Funds|
||||Funds|2021|2020|
||||6|6|6|
|Listed Investments||||||
|UK quoted fixed interest|securities||1,029,577|1,029,577|964,949|
|Overseas fixed interest securities|||598,830|598,830|535,580|
|UK quoted shares|||1,618,989|1,618,989|1,268,059|
||||3,247,396|3,247,396|2,768,588|
|Other Investments||||||
|UK Investment<br>property|||140,000|140,000|140,000|
|UK Group undertakings|||500|500|500|
|Overseas investments|||2,555,071|2,555,071|2,024,248|
|Other<br>UK investments|||1,545,585|1,545,585|1,214,374|
|UK cash|||166,596|166,596|319,552|
|TOTAL|||7,655,148|7,655,148|6,467,262|





## 

|This is stated|after chargi|ng:|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||6|6|
|Staff pension|contributions||||714,106|656,094|
|Depreciation|||||509,250|528,805|
|Amortisation|||||19,876|23,585|
|Impairment||||||200,422|
|Operating<br>lease costs|||||554,754|613,298|
|Redundancy|costs||||36,998|275,029|
|Audit Fees payable to the||Company's|auditor:||||
|-Audit ofgroup and parent consolidated||||accounts|15,662|12,121|
|-Audit ofthe|Company's|subsidiaries|||5,650|3,100|
|-Taxation services|||||3,640|1,650|
|-Other services|||||6,615|1,650|
|Total amount|payable to|the Company's||auditor|31,567|18,521|





## 

|Total staff co|st|s were as follows:|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||E|6|
|Wages tk Salaries|||||||6,366,232|7,593,598|
|Social Security|||||||524,170|608,942|
|Other pension||costs|||||714,106|656,094|
||||||||7,604,508|8,858,634|
|During the year||Trustees were reimbursed||expenses of6189(2020:6129).No trustees received any|||||
|remuneration|in either year. The average number||||ofemployees|(headcount)|during the year|was 329|
|(2020:410).|||||||||
|The full-time|equivalent<br>staff numbers||were as follows:||||||
||||||||2021|2020|
|Clinical|||||||108|93|
|Clinical support||staff|||||0|30|
|Education staff|||||||3|4|
|Fundraising,|charity shops and lottery||staff||||56|89|
|Administration||staff|||||36|42|
||||||||203|258|





## 

||Goodwill|Software|Total|
|---|---|---|---|
||6|6|6|
|Cost||||
|As at 1April 2020|222,691|262,058|484,749|
|Additions||84,384|84,384|
|Disposafs||||
|As at 31March 2021|222,691|346p442|569,133|
|Amortisation||||
|As at 1April 2020|222,691|1,316|224,007|
|Charge for the year||19,876|19,876|
|Impairment||||
|Disposals||||
|As at 31March 2021|222,691|21,192|243,883|
|Net BookValue||||
|As at31March 2021||325,250|325,250|
|As at 31stMarch 2020||260,742|260,742|



|Charity||||
|---|---|---|---|
||Goodwill|Software|Total|
||6|6|6|
|Cost||||
|As at 1April 2020||262,058|262,058|
|Additions||84,384|84,384|
|Disposals||||
|As at31March 2021||346,442|346,442|
|Amortisation||||
|As at 1April 2020||1,316|1,316|
|Charge for the year||19,876|19,876|
|Impairment||||
|Disposals||||
|As at31March 2021||21,192|21,192|
|Net BookValue||||
|As at 31March 2021||325p250|325,250|
|As at 31stMarch 2020||260,742|260,742|





## 

|Tangible<br>Fixed Assets<br>Group||||||
|---|---|---|---|---|---|
||Freehold|||||
||Property &|||||
||Assets|Fixtures,||Leasehold||
||under|Fittings &|Motor|Property||
||Construction<br>f|equipment<br>f|Vehicles<br>f|Improvements<br>f|Total<br>f|
|Cost||||||
|As at 1April 2020|10,343,159|4,219,994|84,598|1,074,833|15,722,584|
|Additions||109,835||49,926|159,761|
|Disposals||||||
|As at 31March 2021|10,343,159|4,329,829|84,598|1,124,759|15,882,345|
|Depreciation||||||
|As at 1April 2020|3,046,208|3,756,016|72,665|907,700|7,782,589|
|Charge for the year|200,065|222,622|3,605|82,958|509,250|
|Disposals||||||
|impairment||||||
|As at 31March 2021|3,246,273|3,978,638|76,270|990,658|8,291,839|
|Net BookValue||||||
|As at 31March 2021|7)096,886|351,191|8,328|134p101|7 590p506|
|As at 31stMarch 2020|Tp296p951|463978|11,933|167,133|7,939,995|
|Charity||||||
||Freehold|||||
||Property &|||||
||Assets|Fixtures,||Leasehold||
||under|Fittings &|Motor|Property||
||Construction<br>f|equipment<br>f|Vehicles<br>f|Improvements<br>f|Total<br>f|
|Cost||||||
|As at 1April 2020|10,343,159|4,166,412|81,088|1,026,713|15,617,372|
|Additions||62,663||49,926|112,589|
|Disposals||||||
|As at31March 2021|10,343,159|4,229,075|81,088|1,076,639|15,729,961|
|Depreciation||||||
|As at 1April 2020|3,046,208|3,742,216|70,690|896,164|7,755,278|
|Charge for the year|200,065|213,629|2,655|77,745|494,094|
|Disposals||||||
|Impairment||||||
|As at31March 2021|3,246,273|3,955,845|73,345|973,909|8,249,372|
|Net BookValue||||||
|As at31March 2021|7,096,886|273,230|7,743|102,730|7,480,589|
|As at 31stMarch 2020|7,296,951|424,196|10,398|130,549|7,862,094|





## 

|Annual<br>Stocks|Repo|rt and||ons|olidated<br>Financial Statem|ents<br>2020/|21||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Group||||||Charity||
|||||||2021||2020|||||2021|2020|
|||||||6||6|||||6|6|
|New goods purchased||||for|resale|192,834||213,378|||||||
|||||||192,834||213,378|||||||
|Debtors|due|after more|||than one year||||||||||
||||||||Group||||||Charity||
|||||||2021||2020|||||2021|2020|
|||||||6||6|||||6|6|
|Amounts|due from subsidiary<br>undertakings||||||||||||320,590|774,775|
||||||||||||||320p590|774,775|
|Determining||whether||balances due from subsidiaries<br>are|||recoverable<br>requires||||an|estimation<br>ofthe value<br>in|||
|use ofthe cash generating<br>units from which the balances|||||||are due. The value|||in use calculation<br>requires the|||||
|group to|estimate future||||cash flows expected to arise from the cash-generating||||||unit. Key assumptions|||within|
|these estimates<br>include|||||the future performance|ofthe business, the long-term|||||growth||rate and a suitable||
|discount|rate|in order to|||calculate present value. Performance|||ofthe funerals|||business||has been seriously||
|hampered|by|Covid|in the year to 31March 2021 and there is uncertainty||||||regarding<br>the future performance<br>of||||||
|this new|business as|||we|emerge from the pandemic.<br>The||Trustees have therefore|||||recognised<br>af508,348|||
|impairment<br>provision||||in|the accounts to provide for the balance owed by||||St Margaret's||||Funerals and|Hospice|
|Funerals|LLPto reflect this uncertainty.||||||||||||||
|Debtors||||||Group|||||||Charity||
|||||||2021||2020|||||2021|2020|
|||||||6||6|||||f|6|
|Trade Debtors||||||107,711||112,948|||||105,257|110,458|
|Other Debtors||||||214,480||78,924|||||212,419|78,924|
|Legacy accrued||income||||2,076,005||2,189,282|||||2,076,005|2,189,282|
|Prepayments<br>and accrued income||||||739,724||1,009,631|||||735,080|1,004,883|
|||||||3,137,920||3,390,785|||||3 128p761|3p383 547|
|Creditors:|Amounts||falling due within one year||||||||||||
|||||||Group|||||||Charity||
|||||||2021||2020|||||2021|2020|
|||||||6||6|||||6|6|
|Bank Loan||||||2,000,000|||||||2,000,000||
|Trade Creditors||||||153,262||413,447|||||147,473|409,998|
|Prepaid Lottery||subscriptions||||88,067||97,902|||||88,067|97,902|
|Accruals||||||279,556||177,175|||||277,322|176,146|
|Amounts<br>due to subsidiary|||||undertakings||||||||200|200|
|Taxation and Social Security||||||130,169||128,019|||||130,169|128,019|
|Other Creditors||||||82,113||137,844|||||73,039|131,508|
|||||||2,733,167||954,387|||||2p716p270|943p773|




## 

## 



## 

|An analysis ofthe maturity|An analysis ofthe maturity|ofloans is given below:|||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Amounts|falling due within|one year or on demand:|||
|Bank loan|||2,000,000||



## 

## 

||Property|Equipment|Property|Equipment|
|---|---|---|---|---|
||2021|2021|2020|2020|
||E|E|E|f|
|Not later than one year|385,769|19,040|441,079|19,040|
|Later than one year, not later than five years|544,354|20,011|824,692|39,051|
|Later than five years|50,416||80,916||
||980,539|39,051|1,346,687|58,091|





|Restricted Inco|me Funds||||||
|---|---|---|---|---|---|---|
|Charity/Group|||||Transfer||
|||Balance at|||from|Balance at|
|||1April 2020|Income|Expenditure|Unrestricted|31March 2021|
|||6|6|E|6|6|
|NHS Grant Provision|||2,340,668|(2,340,668)|||
|Yeovil Appeal||1,459,798||(40,520)||1,419,278|
|Taunton<br>Appeal||1,020,202||(26,847)||993,355|
|Trusts, DOH, CCG||60,175||(1,280)||58,895|
|Health Education|England||141,771|(141,771)|||
|Legacies for use at Yeovil|||||||
|Hospice|||1,355,433|(1,355,433)|||
|CCG Capital Grant||113,987||(30,522)||83,465|
|Hospice<br>UK —Covid Funding|||2,384,287|(2,384,287)|||
|Donations<br>from Charitable|||||||
|Trusts||97,462|183,100|(206,879)||73,683|
|||2p751p624|6p405~259|(6J528p207)||2,628,676|



## 



## 

|||Balance at||||Balance at|
|---|---|---|---|---|---|---|
|||1April|||Gains &|31March|
|||2020|Income|Expenditure|Losses|2021|
|||E|E|E|6|E|
|General funds||15,184,829|6,690,950|(4,729,966)|1,093,240|18,239,053|
|Designated|funds:||||||
|Funds to be|spent in accordance||||||
|with donor's|request|47,331||||47,331|
|||15,232,160|6,690,950|(4,729,966)|1,093,240|18,286,384|
|Charity|||||||
|||Balance at||||Balance at|
|||1April|||Gains &|31March|
|||2020|Income|Expenditure|Losses|2021|
|||E|E|E|E|E|
|General funds||15,621,795|6,057,737|(4,559,561)|1,093,240|18,213,211|
|Designated|funds:||||||
|Funds to be|spent in accordance||||||
|with donor's|request|47,331||||47,331|
|||15,669,126|6,057,737|(4,559,561)|1,093,240|18,260,542|





||||||||Net Current||
|---|---|---|---|---|---|---|---|---|
|||||Tangible|Intangible||assets/||
|||||Fixed|Fixed||(liabilities)||
|||||Assets|Assets|Investments|&provisions|TOTAL|
|||||6|6|6|6|6|
|Restricted|Income Funds||||||||
|Yeovil Appeal||||1,419,278||||1,419,278|
|Taunton<br>New Build Appeal||||993,355||||993,355|
|CCG Capital|Grant|||65,551|||17,914|83,465|
|Other restricted|||funds|124,579|||7,999|132,578|
|||||2,602,763|||25,913|2,628,676|
|Unrestricted||Income Funds||4,987,743|325,250|7,654,648|5,318,743|18,286,384|
|Total Funds||||7,590,506|325,250|7,654,648|5,344,656|20,915,060|
|Charity|||||||||
||||||||Net current||
|||||Tangible|Intangible||assets/||
|||||Fixed|Fixed||(liabilities)||
|||||Assets|Assets|Investments|&provisions|TOTAL|
|||||6|6|6|6|6|
|Restricted|Income Funds||||||||
|Yeovil Appeal||||1,419,278||||1,419,278|
|Taunton<br>New||Build Appeal||993,355||||993,355|
|CCG Capital|Grant|||65,551|||17,914|83,465|
|Other restricted|||funds|124,579|||7,999|132,578|
|||||2,602,763|||25,913|2,628,676|
|Unrestricted||Income Funds||4,877,826|325,250|7,655,148|5,402,318|18,260,542|
|Total Funds||||7,480,589|325,250|7,655,148|5,428,231|20,889,218|





## 

|wasfnil (2020|:fnil) at the year end.|:fnil) at the year end.|||
|---|---|---|---|---|
|Clarke Willmott|services supplied:||||
||||2021|2020|
||||f|f|
|HR and employment||advice|750||
|Property related|advice|||10,430|
|Business legal advice|||1,950|2,100|
||||2,700|12,530|



|Se|rvices provid|ed to Lewi-Manning<br>H|ospice Care:||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
|IT|Professional|Services|34,181||
||||34,181||



## 



## 

## 

|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|6|
|Net income/(deficit)||||||||2p931,276|(724,244)|
|Income from investments||||||||(180,542)|(167,249)|
|Interest receivable||||||||(2,486)|(7,277)|
|(Gain)/loss<br>on investments||||||||(1,093,240)|366,053|
|Profit on disposal offixed||assets||||||(400)|(3,288)|
|Depreciation||||||||509,250|528,805|
|Amortisation||||||||19,876|23,585|
|Impairment<br>of fixed assets|||||||||200,422|
|Decrease in stocks||||||||20,544|34,840|
|Decrease/(increase)in|debtors|||||||252,865|(419,552)|
|Increase/(decrease)in|creditors|||||||(221,220)|(72,485)|
|Net cash inflow/(outflow)||from|operating||activities|||2~235p923|(240390)|
|27.Financial Instruments||||||||||
|The Group has the following|financial||instruments:|||||||
||||||||Note|2021|2020|
|||||||||6|6|
|Financial assets at fair value|through||profit|and loss||||7p654p648|6,466,762|
|Financial assets that are debt instruments||||measured||at||||
|amortised<br>cost||||||||||
|Trade Debtors|||||||16|107,711|112,948|
|Other Debtors|||||||16|214,480|78,924|
|||||||||322,191|191p872|
|Financial liabilities measured|at amortised|||cost||||||
|Trade Creditors|||||||17|153,262|413,447|
|Prepaid lottery subscriptions|||||||17|88,067|97,902|
|Other creditors|||||||17|82,113|137,844|
|||||||||323,442|649,193|



## 



## 


## 

||||2021|2020|
|---|---|---|---|---|
||||6|6|
|Turnover|||353,987|788,598|
|Cost ofSales|||(186,992)|(445,325)|
|Gross Profit|||166,995|343,273|
|Other operating|income||10,518|11,564|
|Administrative|expenses||(171,593)|(330,273)|
|Profit|||5,920|24,564|
|Paid under gift|aid to charity||(5,920)|(14,002)|
|Profit for the year||||10,562|
|Analysis ofnet|assets/(liabilities)|ofsubsidiary|||
|Stock|||187,029|212,517|
|Cash at bank|||24,351|20,182|
|Amounts<br>owed|to parent||(211,280)|(232,599)|
||||100|100|
|Retained<br>earnings|||||
|Called up share|capital||100|100|
||||100|100|





## 

## 

||||2021|2020|
|---|---|---|---|---|
||||6|6|
|Turnover||||7,809|
|Cost ofSales||||(5,071)|
|Operating|Profit|||2,738|
|Interest payable and similar expenses|||(1,636)|(1,935)|
|(Loss)/Profit for the year|||(1,636)|803|
|Analysis ofnet liabilities/assets||of|||
|subsidiary|||||
|Amounts|owed to parent||(54,361)|(52,725)|
|Total Assets less Liabilities|||(54,361)|(52p725)|
|Retained|earnings||(54,461)|(52,825)|
|Called up|share capital||100|100|
||||(54,361)|(52,725)|





## 

||||2021|2020|
|---|---|---|---|---|
||||6|6|
|Turnover|||190,521|174,940|
|Cost ofSales|||(86,633)|(98,754)|
|Gross Profit|||103,888|76,186|
|Administrative<br>Expenses|||(172,792)|(327,104)|
|Other Income|||25,000|7,234|
|(Loss) for the year|||(43,904)|(243,684)|
|Analysis ofnet assets/(liabilities)|ofsubsidiary||||
|Fixed Assets|||109,917|77,901|
|Investments|||||
|Stock|||5,805|861|
|Debtors|||7,098|7,238|
|Bank and cash in hand|||23,864|23,871|
|Creditors|||(10,649)|(6,545)|
|Creditors<br>falling due after more|than one year - amounts|owed to|(62,004)|(62,164)|
|subsidiary|||||
|Creditors falling due after more|than one year -amounts|owed to parent|(501,977)|(425,203)|
||||(427,946)|(384,041)|
|Retained earnings|||(428,046)|(384,141)|
|Called up share capital|||100|100|
||||(427,946)|(384,041)|





## 

## 

||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Turnover||||8,604|
|Cost ofSales||||(2,460)|
|Gross Profit/(Loss)||||6,144|
|Administrative|Expenses|||(25,690)|
|Other Operating|Income|||260,636|
|Interest payable|and similar expenses|||(17,273)|
|||||223,817|
|Analysis ofnet assets/(liabilities)||ofsubsidiary|||
|Bank and cash in hand|||3,704|6,353|
|Creditors|||(4,547)|(4,269)|
|Amount<br>owed to group|||(150,831)|(153,758)|
||||(151,674)|(151,674)|



## 

## 

## 



## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Contracted|but not provided for in the financial||statements|14,174|35,809|
|36.2019/20|Statement ofFinancial Activity|||||
||||||Total Funds|
||||Unrestricted|Restricted|2020|
|Income from:||||||
|Donations<br>and|Legacies||3,632,543|656,023|4,288,566|
|Other Trading|Activities||5,778,477||5,778,477|
|Investments|||177,814||177,814|
|Charitable<br>Activities|||39,894|2,587,596|2,627,490|
|Other Income|||570,694||570,694|
||||10199p422|3p243p619|13~443p041|
|Expenditure<br>on:||||||
|Raising Funds|||(5,953,122)||(5,953,122)|
|Charitable<br>activities|||(4,612,223)|(3,235,887)|(7,848,110)|
||||(10,565,345)|(3,235,887)|(13,801,232)|
|Net (losses) on|investments||(366,053)||(366,053)|
|Net income and movement||in funds|(731,976)|7,732|(724,244)|
|Corporation<br>Tax Charge||||||
|Transfer between<br>funds||||||
|Net movement|in funds||(731p976)|7p732|(724~244)|
|Reconciliation|ofFunds:|||||
|Total Funds brought forward|||15p964p136|2 743g892|18708p028|
|Total Funds carried forward|||15p232p160|2~751624|17p983784|





## 

## 

||||||||||
|---|---|---|---|---|---|---|---|---|
|Charity/Group|||||||Transfer|Balance at|
|||||Balance 1|||from|31March|
|||||April 2019|Income|Expenditure|Unrestricted|2020|
|||||E|E|E|E|6|
|NHS Grant Provision|||||2,587,596|(2,587,596)|||
|Yeovil Appeal||||1,500,318||(40,520)||1,459,798|
|Taunton<br>Appeal||||1,047,049||(26,847)||1,020,202|
|Trusts,<br>DOH, CCG||||61,455||(1,280)||60,175|
|McMillan<br>Funding|for Carers Services||||9,191|(9,191)|||
|Health<br>Education|England||||119,512|(119,512)|||
|Legacies for use at Yeovil Hospice|||||291,134|(291,134)|||
|CCG Capital Grant||||135,070||(21,083)||113,987|
|Donations<br>from Charitable||Trusts|||236,186|(138,724)||97,462|
|||||2p743p892|3p243p619|(3p235 887)||2,751,624|
|38.2019/20 Unrestricted||Funds|||||||
|Group|||||||||
|||Balance at 1||||Gains &|Balance at 31||
|||April|2019|Income|Expenditure|Losses|March 2020||
||||E|F.|E|E|E||
|General funds||15,913,161||10,143,219|(10,505,498)|(366,053)|15,184,829||
|Designated<br>funds:|||||||||
|Funds to be spent|in||||||||
|accordance with donor's|||||||||
|request||50,975||56,203|(59,847)||47,331||
|||15~964p136||10199422|(10565345)|(366p053)|15p232 160||
|Charity||Balance at 1||||Gains &|Balance at 31||
|||April|2019<br>E|Income<br>f|Expenditure<br>E|Losses<br>E|March 2020<br>E||
|General funds||16,122,559||9,164,384|(9,299,095)|(366,053)|15,621,795||
|Designated<br>funds:|||||||||
|Funds to be spent|in||||||||
|accordance with donor's|||||||||
|request||50,975||56,203|(59,847)||47,331||
|||16,173,534||9,220,587|(9,358,942)|(366,053)|15,669,126||





## 

|Group||||||||
|---|---|---|---|---|---|---|---|
|||||||Net current||
||||Tangible|Intangible||assets/||
||||Fixed|Fixed||(liabilities)||
||||Assets|Assets|Investments|&provisions|TOTAL|
||||6|6|6|6|6|
|Restricted Income Funds||||||||
|Yeovil Appeal|||1,459,798||||1,459,798|
|Taunton<br>New|Build Appeal||1,020,202||||1,020,202|
|CCG Capital Grant|||96,073|||17,914|113,987|
|Other restricted||funds|157,637||||157,637|
||||2,733,710|||17,914|2,751,624|
|Unrestricted|Income Funds||5,206,285|260,742|6,466,762|3,298,371|15,232,160|
|Total Funds|||7,939,995|260,742|6,466,762|3,316,285|17,983,784|



## 

|Charity|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net current||
|||||Tangible|Intangible||assets/||
|||||Fixed|Fixed||(liabilities)||
|||||Assets|Assets|Investments|&provisions|TOTAL|
|||||6|6|6|6|6|
|Restricted|Income Funds||||||||
|Yeovil Appeal||||1,459,798||||1,459,798|
|Taunton<br>New||Build Appeal||1,020,202||||1,020,202|
|CCG Capital|Grant|||96,073|||17,914|113,987|
|Other restricted|||funds|157,637||||157,637|
|||||2,733,710|||17,914|2,751,624|
|Unrestricted||Income Funds||5,128,384|260,742|6,467,262|3,812,738|15,669,126|
|Total Funds||||7,862,094|260~742|6467 262|3p830 652|18~420750|