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||||||page|
|---|---|---|---|---|---|
|Welcome|||||3|
|Trustees'<br>Report|||||4|
|Objectives &Activities|||||4|
|Our Purpose,<br>Vision, and|Mission||||4|
|Our Values|||||4|
|Our Services &Activities|||||4|
|Delivering<br>Public Benefit|||||5|
|Our Strategic Objectives|& Future Plans||||5|
|Performance 8 Achievements|||||6|
|Making our care more accessible|||||6|
|Driving engagement<br>with|our community||to improve the way end oflife care is delivered||7|
|Attracting<br>and retaining<br>a compassionate,|||engaged,<br>and flexible|workforce|8|
|Being an organisation<br>where<br>all staff||and|volunteers<br>can flourish|and thrive|9|
|Achieving<br>financial<br>sustainability|||||9|
|Learning and continually|improve the quality and impact ofall that we do||||10|
|Financial<br>Review|||||12|
|Income|||||12|
|Expenditure|||||13|
|St Margaret's<br>Funeral Business|||||13|
|Reserves|||||13|
|Investment<br>Policy 8 Performance|||||13|
|Structure, Governance<br>&Management|||||14|
|Structure|||||14|
|Governance|||||14|
|Management|||||16|
|Reference &Administrative|Details||||18|
|Statement<br>ofTrustees'<br>Responsibilities|||||19|
|Audit Report|||||20|
|Independent<br>Auditor's<br>Report tothe||Members ofSt Margaret's||Somerset Hospice|20|
|Financial Statements|||||24|
|Consolidated<br>Statement|of Financial|Activities for the year ended 31March 2022|||24|
|Consolidated<br>Statement|of Financial|Position as at the end of31March 2022|||25|
|Charity Statement of Financial<br>Position as|||at the end of31March 2022||26|
|Consolidated<br>Statement|ofCashflaws for||the year ended 31March 2022||27|
|Accounting<br>Policies|||||28|
|Notes tothe Financial Statements|||||33|





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|||tat|taa|
|---|---|---|---|
|Incoming|resources|14,625|13,096|
|Resources|expended|(12,683)|(11,258)|
|Investment|net gain/(loss)|500|1,093|
|Net movement<br>in funds||2,442|2,931|



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|Principal Bankers:|Principal Bankers:|Barclays Bank pic||
|---|---|---|---|
|||46 North Street, Taunton Somerset,|TA11LZ|
|Principal Solicitors:||Clarke Willmott Solicitors||
|||Blackbrook Gate Blackbrook<br>Park Avenue Taunton, Somerset, TA1 2PG||
|Auditor:||AC Mole, Chartered<br>Accountants||
|||Stafford House Blackbrook Park Avenue Taunton, Somerset, TA1 ZPX||
|Investment|Fund|Rathbones<br>Investment<br>Management|Ltd|
|Managers:||8 Finsbury<br>Circus London, W1J 5FB||



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||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||Note|Unrestricted|Restricted|2022|2021|
|Income from:|||||||
|Donations<br>and Legacies|||4,536,729|172,455|4,709,184|4,353,870|
|Other Trading Activities|||5,855,394||5,855,394|2,515,678|
|Investments|||268,817||268,817|183,428|
|Charitable<br>Activities|||29,124|3,611,068|3,640,192|4,894,791|
|Otherlncome|||150,946||150,946|1,148,442|
||||10,841,010|3,783,523|14,624,533|13,096,209|
|Expenditure<br>on:|||||||
|Raising Funds||6|(5,445,401)||(5,445,401)|(4,361,455)|
|Charitable<br>activities||7|(3,288,114)|(3,949,768)|(7,237,882)|(6,896,718)|
||||(8,733,515)|(3,949,768)|(12,683,283)|(11,258,173)|
|Net gains on investments||9|500,335||500,335|1,093,240|
|Net income/(deficit)|and||||||
|movement<br>in funds||10|2,607,830|(166,245)|2,441,585|2,931,276|
|Reconciliation ofFunds:|||||||
|Total Funds brought|forward||18,286,384|2,628,676|20,915,060|17,983,784|
|Total Funds carried|forward||20,894,214|2,462,431|23,356,645|20,915,060|





## 

|||||Total Funds|Totalfunds|
|---|---|---|---|---|---|
||||Note|2022|2021|
||||||6|
|Fixed Assets||||||
|Intangible<br>Assets|||12|328,900|325,250|
|Tangible assets|||13|7,206,130|7,590,506|
|Investments||||8,280,173|7,654,648|
|||||15,815,203|15,570,404|
|Current Assets||||||
|Stocks|||14|168,801|192,834|
|Debtors|||16|3,914,568|3,137,920|
|Cash at bank and in hand||||4,464,797|4,747,069|
|||||8,548,166|8,077,823|
|Liabilities||||||
|Creditors: Amounts|falling due within one year||17|l1,006,724l|(2,733,167)|
|Net current assets||||7,541,442|5,344,656|
|Total assets less current||liabilities||23,356,645|20,915,060|
|Total net assets||||23,356,645|20p915,060|
|The Funds ofthe Group:||||||
|Restricted Income|Funds||21|2,462,431|2,628,676|
|Unrestricted<br>Income Funds|||22|20,894,214|18,286,384|
|Total Consolidated|Funds|||23,356.645|20,915,060|





## 

||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||||Note|2022|2021|
||||||6|6|
|Fixed Assets|||||||
|Intangible<br>Assets||||12|328,900|325,250|
|Tangible assets||||13|7,206,130|7,480,589|
|Investments||||9|8,280,673|7,655,148|
||||||15,815,703|15,460,987|
|Non-Current<br>Assets|||||||
|Debtors due after|more than one year|||15|236,799|320,590|
|Current Assets|||||||
|Debtors||||16|3,903,392|3,128,761|
|Cash at bank and|in|hand|||4,429,883|4,695,150|
||||||gp333,275|7,823,911|
|Liabilities|||||||
|Creditors: Amounts||falling due within one year||17|(1,002,042)|(2,716,270)|
|Net current assets|||||7,331,233|5,107,641|
|Total assets less current|||liabilities||23,383,735|20,889,218|
|Total net assets|||||23,383,735|20,889,218|
|The Funds ofthe|Charity:||||||
|Restricted Income|Funds|||21|2,462,431|2,628,676|
|Unrestricted<br>Income||Funds||22|20,921,304|18,260,542|
|Total Charity Funds|||||23,383,735|20,889,218|





## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Cash flows from operating<br>activities:||||||
|Net cash provided<br>by operating<br>activities|||26|1,772,596|2,235,923|
|Net cash provided<br>by operating<br>activities||||1,772,596|2r235,923|
|Cash flows from Investing<br>Activities||||||
|Dividends,<br>interest<br>and rent from investments||||268,400|183,028|
|Proceeds from the sale of property,|plant, and equipment|||417|400|
|Purchase of property,<br>plant, and equipment||||(159,003)|(159,761)|
|Purchase of intangible<br>assets||||(39,493)|(84,384)|
|Purchase of investments||||(1,105,994)|(1,360,232)|
|Disposal of investments||||1,091,715|1,112,630|
|Movement<br>in cash held for investment||||(110,910)|152,956|
|Net cash provided<br>by/(used<br>in) investing|activities|||(54,868)|(155,363)|
|Cash flows from financing<br>activities||||||
|Bank Loan (repaid)/received||||(2,000,000)|2,000,000|
|Net cash provided<br>by financing<br>activities||||(2,000,000)|2,000,000|
|Change<br>in cash and cash equivalents<br>in the reporting||period||(282,272)|4,080,560|
|Cash and cash equivalents<br>at the beginning ofthe reporting||||||
|period||||4,747,069|666,509|
|Cash and cash equivalents<br>at the end of|the reporting|period||4,464,797|4,747,069|





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|||||Total|||Total|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
|||Funds|Funds|2022|Funds|Funds|2021|
|||f|f|f|f|f|f|
|Private donations|and|||||||
|'in memory'||1,201,677||1,201,677|1,283,845||1,283,845|
|Legacies||3,207,848|66,364|3,274,212|1,360,932|1,355,433|2,716,365|
|Revenue Grants||127,204|106,091|233,295|170,560|183,100|353,660|
|||4p536 729|172455|4709g184|21815p337|1538533|4353870|



## 

|||||Total|||Total|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Unrestncted|Restricted|Funds|
|||Funds|Funds|2022|Funds|Funds|2021|
|||f||f|f||f|
|Charity|Shop income|4,960,367||4,960,367|1,468,454||1,468,454|
|Lottery|income|682,564||682,564|768,719||768,719|
|Funeral|Home income|170,342||170,342|215,521||215,521|
|Ancillary|Trading|42,121||42,121|62,984||62,984|
|||5,855,394||5,855,394|2,515,678||2,515,678|
|Income|from Investments|||||||
|||||Total|||Total|
|||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
|||Funds|Funds|2022|Funds|Funds|2021|
|||f|f|f|f|f|f|
|Dividend|income|172,247||172,247|136,828||136,828|
|Bank Interest||||||||
|Receivable||3,925||3,925|2,486||2,486|
|Rents received||92,089||92,089|43,568||43,568|
|Birds Farm &||||||||
|Investment<br>property||139||139|146||146|
|Gain on|disposal ofa|||||||
|fixed asset held for the||||||||
|use ofthe Charity||417||417|400||400|
|||268,817||268p817|183,428||183,428|



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## 

|Income fro<br>Activities||m Charitable|||||||
|---|---|---|---|---|---|---|---|---|
||||||Total|||Total|
||||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
||||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
|NHS Primary||Care Trust|29,000|2,798,812|2,827,812||2,340,668|2,340,668|
|Hospice UK|—Covid||||||||
|Funding||||650,656|650,656||2,384,287|2,384,287|
|Other Charitable<br>Income|||124|161,600|161,724|28,065|141,771|169,836|
||||29,124|3,611,068|3,640,192|28,065|4,866,726|4,894,791|
|Other Income|||||||||
||||||Total|||Total|
||||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
||||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
|Government||Grant - Retail,|||||||
|Hospitality|and Leisure||||||||
|Grant Fund|||106,865||106,865|400,703||400,703|
|Government||Grant-|||||||
|Coronavirus||Job Retention|||||||
|Scheme|||13,550||13,550|716,875||716,875|
|Otherincome|||30,531||30,531|30,864||30,864|
||||150,946||150,946|1,148,442||1,148,442|



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|Raising|Fund|s|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total|
||||Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Funds|
||||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
|Costs of|generating||||||||
|voluntary|income||667,486||667,486|647,219||647,219|
|Shop costs|||4,062,238||4,062,238|3,173,156||3,173,156|
|I ottery costs|||279,388||279,388|221,029||221,029|
|Funeral|Home|costs|388,272||388,272|276,839||276,839|
|Investment|||||||||
|Management||Fees|48,017||48,017|43,212||43,212|
||||5,445,401||5,445,401|4,361,455||4,361,455|



|Support C|osts||||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total|
|||||Support|Total Costs||Support|Costs|
||||Direct Costs|Costs|2022|Direct Costs|Costs|2021|
||||E|E|E|E|E|E|
|Voluntary|Income||||||||
|Generation|costs||528,385|139,101|667,486|516,717|130,502|647,219|
|Shop costs|||3,472,344|589,894|4,062,238|2,848,393|324,763|3,173,156|
|Lottery costs|||259,036|20,352|279,388|200,845|20,184|221,029|
|Funeral<br>Home||costs|358,137|30,135|388,272|250,023|26,816|276,839|
|Investment|||||||||
|Management||Fee|48,017||48,017|43,212||43,212|
||||4,665,919|779,482|Sp445~401|3p859p190|502265|4361455|





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|Costs of|Charitable|Activities<br>by Fund|Type|||||
|---|---|---|---|---|---|---|---|
|||||Total|||Total|
|||Unrestricted|Restricted|Funds|Unrestricted|Restricted|Funds|
|||Funds|Funds|2022|Funds|Funds|2021|
|||f|f|f|f|f|f|
|In-patient|unit|1,787,862|2,186,014|3,973,876|65,166|3,617,816|3,682,982|
|Community|Care|1,231,311|1,763,754|2,995,065|47,033|2,910,391|2,957,424|
|Education||268,941||268,941|256,312||256,312|
|||3,288,114|3,949,768|7,237,882|368~511|6p528~207|6p896~718|
||||Support|Total Costs||Support|Total Costs|
|||Direct Costs|Costs|2022|Direct Costs|Costs|2021|
|||f|f|f|f|f|f|
|In-patient|unit|3,240,885|732,991|3,973,876|2,968,027|714,955|3,682,982|
|Community|Care|2,305,428|689,637|2,995,065|2,258,769|698,655|2,957,424|
|Education||202,464|66,477|268,941|195,773|60,539|256,312|
|||5,748,777|1,489,105|7,237,882|5,422,569|1,474,149|6,896,718|



## 

|||||Costs of||||||
|---|---|---|---|---|---|---|---|---|---|
||||Funeral|Generating|In-|||||
||Shop||Home|Voluntary|patient|Community||Total|Total|
||Costs|Lottery|Costs|Income|Unit|Care|Education|2022|2022|
|Staff||||||||||
|costs/salaries|402,581|13,890|20,566|94,932|500,240|470,652|45,367|1,548,228|1,342,253|
|General Office|62,595|2,160|3,198|14,760|77,779|73,178|7,053|240,723|244,037|
|Finance Office|4,989|172|255|1,176|6,199|5,833|563|19,187|24,129|
|Information||||||||||
|Technology|108,058|3,728|5,520|25,481|134,270|126,329|12,177|415,563|284,500|
|Legal/professional|4,153|143|212|979|5,161|4,855|469|15,972|49,928|
|Audit|7,518|259|384|1,773|9,342|8,790|848|28,914|31,567|
||589,894|20,352|30,135|139,101|732,991|689,637|66,477|2,268,587|1,976,414|





## 

|Net gains/(lasses)<br>on investments|Net gains/(lasses)<br>on investments|Net gains/(lasses)<br>on investments||||||
|---|---|---|---|---|---|---|---|
|Group &Charity||||||2022|2021|
|||||||f|f|
|Net unrealised<br>investment||gains on disposals of||investments||504,388|10,064|
|Net realised (losses)/ gains||on investments||||(4,053)|1,083,176|
|Net gains on investments||||||500,335|1,093,240|
|Listed Investments||||||||
|Group &Charity||||||||
|Movement<br>in market value:||||||2022|2021|
|||||||f|f|
|Market Value at 1April||||||7,514,648|6,326,762|
|Acquisitions<br>at cost||||||1,105,994|1,360,232|
|Disposals||||||(1,091,715)|(1,112,630)|
|Net investments<br>gains||||||443,680|1,093,240|
|Movement<br>in cash held|for|investment||||110,910|(152,956)|
|Market Value at31March||||||8,083,517|7,514,648|
|Histo rica I Cost||||||6,060,410|5,709,730|
|Investment<br>Properties||||||||
|Group &Charity||||||||
|Market Value at 31March||||||196,656|140,000|
|The fair value ofinvestment|properties||is based|upon the market value.||||
|Properties are periodically|valued<br>by an||external|professional|valuer.|||
|Investments<br>in subsidiaries||||||||
|Charity||||||||
|||||||2022|2021|
|||||||f|f|
|At 1April||||||500|500|
|Acquisitions<br>at cost||||||||
|At 31March||||||500|500|





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## 

|Group|||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||||Funds|2022|2021|
||||f|f|f|
|Listed Investments||||||
|UK quoted fixed interest|securities||1,063,547|1,063,547|1,029,577|
|Overseas fixed interest|securities||580,370|580,370|598,830|
|UK quoted shares|||1,678,490|1,678,490|1,618,989|
||||3,322,407|3,322,407|3,247,396|
|Other Investments||||||
|UK Investment<br>property|||196,656|196,656|140,000|
|Overseas investments|||2,722,419|2,722,419|2,555,071|
|Other<br>UK investments|||1,761,185|1,761,185|1,545,585|
|UK cash|||277,506|277,506|166,596|
|TOTAL|||8,280,173|8,280,173|7,654,648|
|Analysis ofinvestments|at 31March 2022 between|funds||||
|Charity|||Unrestricted|Total Funds|Total Funds|
||||Funds|2022|2021|
||||f|f|f|
|Listed Investments||||||
|UK quoted fixed interest|securities||1,063,547|1,063,547|1,029,577|
|Overseas fixed interest|securities||580,370|580,370|598,830|
|UK quoted shares|||1,678,490|1,678,490|1,618,989|
||||3,322,407|3,322,407|3,247,396|
|Other Investments||||||
|UK Investment<br>property|||196,656|196,656|140,000|
|UK Group undertakings|||500|500|500|
|Overseas investments|||2,722,419|2,722,419|2,555,071|
|Other<br>UK investments|||1,761,185|1,761,185|1,545,585|
|UK cash|||277,506|277,506|166,596|
|TOTAL|||8,280,673|gp280,673|7,655,148|





## 

|This is stated after charging:|This is stated after charging:|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
|Staff pension<br>contributions||||683,449|714,106|
|Depreciation||||432,383|509,250|
|Amortisation||||35,843|19,876|
|Impairment<br>ofstock —assets held for||sale||87,881||
|Operating<br>lease costs||||533,728|554,754|
|Redundancy<br>costs|||||36,998|
|Audit Fees payable to the|Company's|auditor:||||
|-Audit ofgroup and parent consolidated|||accounts|13,009|15,662|
|-Audit ofthe Company's|subsidiaries|||5,650|5,650|
|—Taxation services||||3,640|3,640|
|—Other services||||6,615|6,615|
|Total amount<br>payable to|the Company's||auditor|28,914|31,567|





## 

|Total s|taff costs were as follows:|||
|---|---|---|---|
|||2022|2021|
|||6|f|
|Wages|&Salaries|6,652,668|6,366,232|
|Social|Security|565,045|524,170|
|Other|pension costs|683,449|714,106|
|||7,901,162|7,604,508|



|The full-time|equivalent<br>staff numbers<br>were as follows:|||
|---|---|---|---|
|||2022|2021|
|Clinical||102|108|
|Education staff||3|3|
|Fundraising,|charity shops and lottery staff|83|56|
|Administration|staff|35|36|
|||223|203|





## 

||Goodwill|Software|Total|
|---|---|---|---|
||f|f|f|
|Cost||||
|As at 1April 2021|222,691|346,442|569,133|
|Additions||39,493|39,493|
|Disposals||||
|As at 31March 2022|222,691|385,935|608,626|
|Amortisation||||
|As at 1April 2021|222,691|21,192|243,883|
|Charge for the year||35,843|35,843|
|Disposals||||
|As at 31March 2022|222,691|57,035|279,726|
|Net Book Value||||
|As at 31March 2022||328,900|328,900|
|As at 31March 2021||325,250|325,250|



||Goodwill|Software|Total|
|---|---|---|---|
||f|f|f|
|Cost||||
|As at 1April 2021||346,442|346,442|
|Additions||39,493|39,493|
|Disposals||||
|As at 31March 2022||385,935|385,935|
|Amortisation||||
|As at 1April 2021||21,192|21,192|
|Charge for the year||35,843|35,843|
|Disposals||||
|As at 31March 2022||57,035|57,035|
|Net BookValue||||
|As at 31March 2022||328,900|328,900|
|As at 31March 2021||325,250|325,250|





## 

|Tangible<br>Fixed Assets<br>Group||||||
|---|---|---|---|---|---|
||Freehold|||||
||Property 8|||||
||Assets|Fixtures,||Leasehold||
||under|Fittings &|Motor|Property||
||Construction|equipment|Vehicles|Improvements|Total|
||f|f|f|f|f|
|Cost||||||
|As at 1April 2021|10,343,159|4,329,829|84,598|1,124,759|15,882,345|
|Additions|14,461|123,015|15,600|5,927|159,003|
|Disposals|||(3,850)||(3,850)|
|Transfer to Current Assets||(97,828)|(19,110)|(48,120)|(165,058)|
|As at31March 2022|10,357,620|4,355,016|77,238|1,082,566|15,872,440|
|Depreciation||||||
|As at 1April 2021|3,246,273|3,978,638|76,270|990,658|8,291,839|
|Charge for the year|200,190|172731|3,890|55,572|432,383|
|Disposais|||(3,850)||(3,850)|
|Impairment||||||
|Transfer to Current Assets||(28,742)|(4,160)|(21,160)|(54,062)|
|As at 31March 2022|3,446,463|4,122,627|72,150|1,025,070|8p666,310|
|Net BookValue||||||
|As at 31March 2022|6,911,157|232,389|5,088|57,496|7,206p130|
|As at 31March 2021|1,096,886|351,191|8,328|134,101|7,590,506|
|Charity||||||
||Freehold|||||
||Property &|||||
||Assets|Fixtures,||Leasehold||
||under|Fittings &|Motor|Property||
||Construction|equipment|Vehicles|Improvements|Total|
||f|f|f|f|f|
|Cost||||||
|As at 1April 2021|10,343,159|4,229,075|81,088|1,076,639|15,729,961|
|Additions|14,461|123,015||5,927|143,403|
|Disposals|||(3,850)||(3,850)|
|As at 31March 2022|10,357,620|4,352,090|77,238|1,082,566|15,869,514|
|Depreciation||||||
|As at 1April 2021|3,246,273|3,955,845|73,345|973,909|8,249,372|
|Charge for the year|200,190|163,856|2,655|51,161|417,862|
|Disposals|||(3,850)||(3,850)|
|As at 31March 2022|3,446,463|4,119,701|72,150|1,025,070|8,663,384|
|Net BookValue||||||
|As at 31March 2022|6,911,157|232,389|5,088|57,496|7,206,130|
|As at 31March 2021|1,096,886|273,230|7,743|102~730|7~480~589|





## 

|Stocks|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Group|||||Charity|||
||||||2022|2021||||2022||2021|
||||||f|f||||f.||f|
|New goods purchased||for resale|||145,466|192,834|||||||
|Assets held for sale|||||23,335||||||||
||||||168,801|192,834|||||||
|Debtors due|after more than one year||||||||||||
||||||Group|||||Charity|||
||||||2022|2021||||2022||2021|
||||||f|f||||f||f|
|Amounts<br>due|from subsidiary|||undertakings||||||236,799||320,590|
|||||||||||236,799||320,590|
|Determining|whether|balances due from subsidiaries<br>are recoverable<br>requires|||||||an estimation<br>ofthe value|||in|
|use ofthe cash generating||||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<br>rate in order to|||calculate present value. Performance|||ofthe funerals|||business|has been seriously|||
|hampered<br>by Covid in the||||two years to31March 2022 and the||St Margaret's|||Board decided<br>in July 2022|||that|
|the business|should cease|||trading. The Trustees|have therefore|recognised|a|f635,891||(2021:f508,348)|||
|impairment|provision|in the accounts to provide|||for the full balance owed by||||St Margaret's<br>Funerals||and||
|Hospice Funerals<br>LLPto reflect the likely amount|||||recoverable.||||||||
|Debtors|||||Group|||||Charity|||
||||||2022|2021||||2022||2021|
||||||f|f||||f||f|
|Trade Debtors|||||125,239|107,711||||118,563||105,257|
|Other Debtors|||||434,553|214,480||||434,553||212,419|
|Legacy accrued income|||||2,195,108|2,076,005||||2,195,108|2,076,005||
|Prepayments|and accrued income||||1,159,668|739,724||||1,155,168||735,080|
||||||3,914,568|3,137,920||||3,903,392|3,128,761||
|Creditors: Amounts||falling||due within one year|||||||||
||||||Group|||||Charity|||
||||||2022|2021||||2022||2021|
||||||f|f||||f||f|
|Bank Loan||||||2,000,000|||||2,000,000||
|Trade Creditors|||||437,188|153,262||||439,913||147,473|
|Prepaid Lottery subscriptions|||||86,572|88,067||||86,572||88,067|
|Accruals|||||263,184|279,556||||262,632||277,322|
|Amounts<br>due|to subsidiary||undertakings|||||||200||200|
|Taxation and|Social Security||||136,667|130,169||||136,667||130,169|
|Other Creditors|||||83,113|82,113||||76,058||73,039|
||||||1,006,724|2,733,167||||1,002,042|2,716,270||



## 

## 

## 



## 

|An analysis ofthe maturity|An analysis ofthe maturity|of loans is given below:|||
|---|---|---|---|---|
||||2022|2021|
||||f|f|
|Amounts|falling due within|one year or on demand:|||
|Bankloan||||2,000,000|



## 

## 

||Property|Equipment|Property|Equipment|
|---|---|---|---|---|
||2022|2022|2021|2021|
||f|f|f|f|
|Not later than one year|360,381|12,008|385,769|19,040|
|Later than one year, not later than five years|521,378|10,165|544,354|20,011|
|Later than five years|32,950||50,416||
||914,709|22,173|980,539|39,051|





## 

## 

||||Balance at|||Balance at|
|---|---|---|---|---|---|---|
||||1April 2021|Income|Expenditure|31March 2022|
||||E|E|E|E|
|NHS Grant Provision||||2,798,812|(2,798,812)||
|Yeovii Appeal|||1,419,278||(40,520)|1,378,758|
|Taunton|Appeal||993,355||(26,847)|966,508|
|Trusts,|DOH, CCG||58,895||(1,280)|57,615|
|Health|Education|England||161,600|(161,600)||
|Legacies for use at Yeovil|||||||
|Hospice||||66,364|(66,364)||
|CCG Capital Grant|||83,465||(30,314)|53,151|
|Hospice|UK —Covid Funding|||650,656|(650,656)||
|Donations from Charitable|||||||
|Trusts|||73,683|106,091|(173,375)|6,399|
||||2,628,676|3,783,523|(3,949,768)|2,462,431|





## 

||||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||1April||||Gains &|31March|
||||2021f|Income<br>f|Expenditure|f|Losses<br>f|2022<br>f|
|General funds|||18,239,053|10,841,010|(8.733,515)||500,335|20,846,883|
|Designated|funds:||||||||
|Funds to be|spent|in accordance|||||||
|with donor's|request||47,331|||||47,331|
||||18,286,384|10,841,010|(8,733,515)||500,335|20,894,214|
|Charity|||||||||
||||Balance at|||||Balance at|
||||1April||||Gains &|31March|
||||2021|Income|Expenditure||Losses|2022|
||||f|f||f|f|f|
|General funds|||18,213,211|10,325,230|(8,164,803)||500,335|20,873,973|
|Designated|funds:||||||||
|Funds to be|spent|in accordance|||||||
|with donor's|request||47,331|||||47,331|
||||18,260,542|10,325,230|(8,164,803)||500,335|20,921,304|





## 

|||||||Net Current||
|---|---|---|---|---|---|---|---|
||||Tangible|Intangible||assets/||
||||Fixed|Fixed||(liabilities)||
||||Assets|Assets|Investments|&provisions|TOTAL|
||||f|f|f|f|f|
|Restricted|Income Funds|||||||
|Yeovil Appeal|||1,378,758||||1,378,758|
|Taunton<br>New||Build Appeal|966,508||||966,508|
|CCG Capital|Grant||35,237|||17,914|53,151|
|Other restricted funds|||57,615|||6,399|64,014|
||||2,438,118|||24,313|2,462,431|
|Unrestricted||Income Funds|4,768,012|328,900|8,280,173|7,517,129|20,894,214|
|Total Funds|||7,206,130|328,900|8,280,173|7,541,442|23,356,645|
|Charity||||||||
|||||||Net current||
||||Tangible|Intangible||assets/||
||||Fixed|Fixed||(liabilities)||
||||Assets|Assets|Investments|&provisions|TOTAL|
||||f|f|f|f|f|
|Restricted Income Funds||||||||
|YeovilAppeal|||1,378,758||||1,378,758|
|Taunton<br>New||Build Appeal|966,508||||966,508|
|CCG Capital|Grant||35,237|||17,914|53,151|
|Other restricted funds|||57,615|||6,399|64,014|
||||2,438,118|||24,313|2,462,431|
|Unrestricted||Income Funds|4,768,012|328,900|8,280,173|7,543,719|20,921,304|
|Total Funds|||7,206,130|328,900|8,280,173|7,568,032|23,383,735|





## 

|Clarke Wiiimott servi|ces supplied:|||
|---|---|---|---|
|||2022|2021|
|||6|6|
|HR and employment|advice||750|
|Property related advice||12,109||
|Business legal advice||2,100|1,950|
|||14,209|2,700|



|Services provided to Lewis-Manning|Services provided to Lewis-Manning|Hospice Care:|||
|---|---|---|---|---|
||||2022|2021|
||||6|6|
|ITProfessional|Services||9,756|34,181|
||||9,756|34,181|



## 



|26.<br>ReconciTiation ofnet incoming resources|26.<br>ReconciTiation ofnet incoming resources|26.<br>ReconciTiation ofnet incoming resources|26.<br>ReconciTiation ofnet incoming resources|26.<br>ReconciTiation ofnet incoming resources|to net cash inflow from operating|to net cash inflow from operating||
|---|---|---|---|---|---|---|---|
|Activities||||||||
|Group||||||2022|2021|
|||||||6|6|
|Net income||||||2,441,585|2,931,276|
|Income from investments||||||(264,475)|(180,542)|
|Interest receivable||||||(3,925)|(2,486)|
|(Gain)/loss<br>on investments||||||(500,335)|(1,093,240)|
|Profit on disposal offixed assets||||||(417)|(400)|
|Depreciation||||||432,383|509,250|
|Amortisation||||||35,843|19,876|
|Transfer offixed assets to current assets||||||110,996||
|Decrease<br>in stocks||||||24,033|20,544|
|(Increase)/decrease|in|debtors||||(776,648)|252,865|
|Increase/(decrease)|in|creditors||||273,556|(221,220)|
|Net cash inflow from operating|||activities|||1,772,596|2,235,923|
|27.Financial Instruments||||||||
|The Group has the following||financial|instruments:|||||
||||||Note|2022|2021|
|||||||6|6|
|Financial assets at fair value||through|profit|and loss||8,280,173|7,654,648|
|Financial assets that are|debt instruments|||measured|at|||
|amortised<br>cost||||||||
|Trade Debtors|||||16|125,239|107,711|
|Other Debtors|||||16|434,553|214,480|
|||||||559,792|322,191|
|Financial<br>liabilities<br>measured||at amortised||cost||||
|Trade Creditors|||||17|437,188|153,262|
|Prepaid lottery subscriptions|||||17|86,572|88,067|
|Other creditors|||||17|83,113|82,113|
|||||||606,873|323,442|
|The Charity has the following||financial|instruments:|||||
|||||||2022|2021|
|||||||6|6|
|Financial assets at fair value||through|profit|and loss|9|8,280,673|7,655,148|
|Financial assets that are|debt instruments|||measured|at|||
|amortised<br>cost||||||||
|Trade Debtors|||||16|118,563|105,257|
|Amounts<br>owed by group|||||15|236,799|320,590|
|Other Debtors|||||16|434,553|212,419|
|||||||789,915|638,266|
|Financial<br>liabilities measured||at amortised||cost||||
|Trade Creditors|||||17|439,913|147,473|
|Prepaid<br>lottery subscriptions|||||17|86,572|88,067|
|Other creditors|||||17|76,058|73,039|
|||||||602,543|308,579|
||||||||49|





## 

||||2022|2021|
|---|---|---|---|---|
||||6|6|
|Turnover|||830,419|353,987|
|Cost ofSales|||(443,614)|(186,992)|
|Gross Profit|||386,805|166,995|
|Other operating|income||383|10,518|
|Administrative|expenses||(303,122)|(171,593)|
|Profit|||84,066|5,920|
|Paid under gift|aid to charity||(84,066)|(5,920)|
|Profit for the year|||||
|Analysis ofnet|assets/(liabilities)|ofsubsidiary|||
|Stock|||143,201|187,029|
|Cash at bank|||3,592|24,351|
|Amounts<br>owed|to parent||(146,693)|(211,280)|
||||100|100|
|Retained<br>earnings|||||
|Called up share|capital||100|100|
||||100|100|





## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Turnover||||42,316||
|Cost ofSales||||(18,001)||
|Operating|Profit|||24,315||
|Interest payable||and similar expenses||(1,344)|(1,636)|
|Profit/(Loss) for the year||||22,971|(1,636)|
|Analysis ofnet liabilities/assets|||of|||
|subsidiary||||||
|Amounts|owed to parent|||(31,390)|(54,361)|
|Total Assets less||Liabilities||(31,390)|(54,361)|
|Retained|earnings|||(31,490)|(54,461)|
|Called up|share capital|||100|100|
|||||(31,390)|(54,361)|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6|E|
|Turnover|||||170,342|190,521|
|Cost ofSales|||||(86,249)|(86,633)|
|Gross Profit|||||84,093|103,888|
|Administrative<br>Expenses|||||(287,447)|(172,792)|
|Other Income||||||25,000|
|(Loss) for|the year||||(203,354)|(43,904)|
|Analysis ofnet assets/(liabilities)||ofsubsidiary|||||
|Assets held for resale|||||23,335|109,917|
|Stock|||||2,265|5,805|
|Debtors|||||11,176|7,098|
|Bank and|cash in hand||||27,618|23,864|
|Creditors|||||(495)|(10,649)|
|Creditors|falling due after more|than one year|—amounts|owed to|||
|subsidiary|||||(62,004)|(62,004)|
|Creditors|falling due after more|than one year|—amounts|owed to parent|(633,195)|(501,977)|
||||||(631,300)|(427,946)|
|Retained|earnings||||(631,401)|(428,046)|
|Called up|share capital||||100|100|
||||||(631,300)|(427,946)|



## 



## 

||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Turnover|||||
|Cost ofSales|||||
|Gross Profit/(Loss)|||||
|Administrative|Expenses||||
|Other Operating|income||||
|Interest payable|and similar expenses||||
|Analysis ofnet assets/(liabilities)||ofsubsidiary|||
|Bank and cash in hand|||3,704|3,704|
|Creditors|||(4,387)|(4,547)|
|Amount<br>owed to group|||(150,831)|(150,831)|
||||(151,514)|(151,674)|



## 

## 

## 



## 

|.Capital C|om|mitm|ents||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||E|E|
|Contracted|but|not|provided|for|in|the|financial|statements|47,313|14,174|



## 

|||||Total Funds|
|---|---|---|---|---|
|||Unrestricted|Restricted|2021|
||||E|f|
|Income from:|||||
|Donations<br>and Legacies||2,815,337|1,538,533|4,353,870|
|Other Trading Activities||2,515,678||2,515,678|
|Investments||183,428||183,428|
|Charitable<br>Activities||28,065|4,866,726|4,894,791|
|Other Income||1,148,442||1,148,442|
|||6,690,950|6,405,259|13,096,209|
|Expenditure<br>on:|||||
|Raising Funds||(4,361,455)|-|(4,361,455)|
|Charitable<br>activities||(368,511)|(6,528,207)|(6,896,718)|
|||(4,729,966)|(6,528,207)(11,258,173)||
|Net gains on investments||1,093,240||1,093,240|
|Net income and movement|in funds|gp054p224|(122948)|2p931~276|
|Reconciliation<br>ofFunds:|||||
|Total Funds brought forward||15,232,160|2,751p624|17,983,784|
|Total Funds carried forward||18,286,384|2,628,676|20,915,060|





## 

|Charity/Group||||||Balance at|
|---|---|---|---|---|---|---|
||||Balance 1|||31March|
||||April2020<br>f|Income<br>f|Expenditure<br>f|2021<br>f|
|NHS Grant Provision||||2,340,668|(2,340,668)||
|YeovilAppeal|||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|
|McMillan<br>Funding|for Carers Services|||141,771|(141,771)||
|Health<br>Education|England|||1,355,433|(1,355,433)||
|Legacies for use at Yeovil Hospice|||||(30,522)|83,465|
|CCG Capital Grant|||113,987|2,384,287|(2,384,287)||
|Donations<br>from Charitable||Trusts|97,462|183,100|(206,879)|73,683|
||||2,751,624|6,405,259|(6,528,207)|2,628,676|
|38.2020/21 Unrestricted||Funds|||||
|Group|||||||
|||Balance at 1|||Gains &|Balance at31|
|||April 2020|Income|Expenditure|Losses|March 2021|
|||f|f|f|E|f|
|General funds||15,184,829|6,690,950|(4,729,966)|1,093,240|18,239,053|
|Designated<br>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 1|||Gains &|Balance at31|
|||April2020|Income|Expenditure|Losses|March 2021|
|||E|f|f|f|f|
|General funds||15,621,795|6,057,737|(4,559,561)|1,093,240|18,213,211|
|Designated<br>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|18,260p542|





## 

|Group||||||||
|---|---|---|---|---|---|---|---|
|||||||Net current||
||||Tangible|Intangible||assets/||
||||Fixed|Fixed||(liabilities)||
||||Assets|Assets|Investments|&provisions|TOTAL|
||||f|f|f|f|f|
|Restricted Income Funds||||||||
|Yeovil Appeal|||1,419,278||||1,419,278|
|Taunton<br>New|Build Appeal||993355||||993,355|
|CCG Capital Grant|||65,551|||17,914|83,465|
|Other restricted||funds|124,579|||7999|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|
||||f|f|f|f|f|
|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|