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2023-03-31-accounts

Page
Reference and Administrative
Details ofthe Company,		 its Trustees and Advisers
Trustees' Report
Trustees'
Responsibilities
Statement		 22
Independent
Auditors'
Report on the Financial Statements		 23-26
Consolidated
Statement ofFinancial Activities		 27
Consolidated
Balance Sheet		 28
Company
Balance Sheet		 29
Consolidated
Statement
ofCash Flows		 30
Notes to the Financial Statements 31 - 58

Trustees Ms F Allen (appointed Ms F Allen (appointed Ms F Allen (appointed 26 May 2022) 26 May 2022) 26 May 2022)
Mrs LJAnnear (appointed 23 May 2023)
Mr SCarter
Mrs N Duncan
Mrs J Edge (appointed 25 May 2022)
Mrs F Field
Mr C Hackett, Chair
Mrs J A Hendry (resigned 24 May 2022)
Mr J P Henniker
Mr J Henniker
Mrs H Hocking
Mr RJames (resigned 28 February 2023)
Mrs C Quinn,
Chair (resigned		 17November 2022)
Mrs E Richerby
Mr M Risdon
Dr M Walker
Company registered
number 01505753
Charity registered
number 280681
Registered office St Lukes Hospice, Stamford Road
Tumchapel
Plymouth
Devon
PL9 9XA
Company secretary Susan Cannon
Chief executive officer Stephen
Statham		 (resigned 30April 2023)
Christina
Quinn		 (appointed 1 May 2023, deceased 11June 2023)
George Lillie (appointed 12 June 2023)
Bankers Santander
Bridle Road
Bootle
L304GB
Solicitors Foot Anstey Solicitors
Salt Quay House
4 North East Quay
Sutton Harbour
Plymouth
PL4 OBN

Our Our clinical clinical clinical act)vlttes act)vlttes act)vlttes
In Patient Care
Pabents
I referral open		 see nole 1 hetovrf 271 216 246
«(It nis1i(ills 216
cathe 214 149 191
isobar
es		 47 70 67 70
cupied bed dave 3307 337 3021
Ied 76.00SS 77,05 76,1
vera
e len
of cahent slav(davsf		 12 10 13.
Commun
Services		 Includin Social Care d AHP tlent su ort
ahenrs
treterral
openl		 1597 1670 1578 1603
shen(roarer«cans 5012 49'I 3
pahenecsier
one cahs (out«		 tiurse commenced 02rl 172016 14833 21646 1471~
rofessional
liaisons		 6412 8673
EoL in the commun, includin Care ac 8
ahents
-See tlote
1 bethe&		 727
pted referrals 85 tt70
abentnsas
(b
ofessional}		 16870 12487 1186
Hos
'
I Services		 and Medical 0 'ants
ffos
ar SPC sere(ca
Pahents
referred		 152 1317 1182
suppon contads 4411 4612 3498
Mlnacal
perils
Pabents 40
rthendances 83
Other Clinical su rt
senravement
supporr		 contads (induclm teie one canst 1545 2495 1131
t mphoedema
pabents
(achvel		 553
pahiah«e
care acoomtments		 fatlenoed) 133
Pahiatne
care aplointments		 IHoursl 103
NHS contraded
acpomtments		 (ahendedl 1750
Education
flu of internal
indrnduals		 trained in the ear 1295 104 313 241«
Ito cf e«ternal
pan«et«rod&«&dual		 tramed m tne «ear 430 00 (93 1866
llo cttrai~in
sessions		 on ftationairr&e ional pro cde local forums 6 conf rences etc na 155 26
Ivofe
& - In in ecases tnere		 mar oea eight chance o(double counl r«0

Unrestricted Restricted Total Total
funds funds funds funds
Note 2023
6		 2023
6		 2023 2022f
INCOME FROM:
Donations
and legacies		 3,565,360 41,740 3,607,100 2,973,043
Charitable
activities		 3,000,268 258,003 3,258,271 3,710,782
Other trading
activities		 4,820,386 4,820,386 4,229,060
Investments 203,109 203,109 107,128
Other income 941,095
TOTAL INCOME 11,589,123 299,743 11,888,866 11,961,108
EXPENDITURE ON:
Raising funds 4,805,916 30,986 4,836,902 4,009,776
Charitable
activities		 7 6,633,529 194,254 6,827,783 6,240,708
TOTAL EXPENDITURE 11,439,445 225,240 11,664,685 10,250,484
NET INCOME BEFORE NET
(LOSSES)/GAINS
ON
INVESTMENTS 149,678 74,503 224,181 1,710,624
Net (losses)/gains on investments (89,672) (89,672) 148,259
NET INCOME 60,006 74,503 134,509 1,858,883
Transfers
between		 funds 19 20,393 (20,393)
NET MOVEMENT IN FUNDS 80,399 54,110 134,509 1,858,883
RECONCILIATION OF FUNDS:
Total funds brought forward 13,694,973 70,613 13,765,586 11,906,703
Net movement
in funds		 80,399 54,110 134,509 1,858,883
TOTAL FUNDS CARRIED FORWARD 13,775,372 124,723 13,900,095 13,765,586

2023 2022
Note 6 6
FIXEDASSETS
Intangible
assets		 12 141,112 43,514
Tangible assets 13 2,558,722 2,023,252
Investments 15 2,664,369 2,733,375
Investment
property		 14 762,000 430,000
6,126,203 5,230,141
CURRENT ASSETS
Stocks 46,440 38,279
Debtors 16 1,583,416 1,700,050
Cash at bank and in hand 23 7,135,334 7,872,514
8,765,190 9,610,843
Creditors: amounts falling due within one
year 17 (778,673) (896,398)
NET CURRENT ASSETS 7,986,517 8,714,445
TOTAL ASSETS LESSCURRENT
LIABILITIES 14,112,720 13,944,586
Provisions
for liabilities		 18 (212,625) (179,000)
TOTAL NET ASSETS 13,900,095 13,765,586
CHARITY FUNDS
Restricted funds 19 124,723 70,613
Unrestricted
funds		 19 13,775,372 13,694,973
TOTAL FUNDS 13,900,095 13,765,586
2023 2022
Note E
FIXEDASSETS
Intangible
assets		 12 141,112 43,514
Tangible assets 13 2,558,722 2,023,252
Investments 15 2,664,371 2,733,377
Investment
property		 14 762,000 430,000
6,126,205 5,230,143
CURRENT ASSETS
Stocks 50 180
Debtors 16 1,621,220 1,746,621
Cash at bank and in hand 23 6,808,695 7,652,230
8,429,965 9,399,031
Creditors: amounts falling due within one
year 17 (755,819) (1,118,460)
NET CURRENT ASSETS 7,674,146 8,280,571
TOTAL ASSETS LESSCURRENT
LIABILITIES 13,800,351 13,510,714
Provisions
for liabilities		 18 (212,625) (179,000)
TOTAL NET ASSETS 13,587,726 13,331,714
CHARITY FUNDS
Restricted
funds		 19 124,723 70,613
Unrestricted
funds		 19 13,463,003 13,261,101
TOTAL FUNDS 13,587,726 13,331,714
The Company's
net		 movement in funds for the year was F256,012(2022 - f1,867,936).

2023 2022
6
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided
by operating
activities		 118,632 1,781,431
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends,
interests
and rents from		 investments 137,755 107,128
Proceeds from the sale oftangible fixed assets 36,912 723,406
Purchase
of intangible
assets		 (117,433) (48,694)
Purchase
oftangible
fixed assets		 (913,046) (167,916)
Proceeds from sale of investments 513,110
Purchase
of investments		 (852,014)
NET CASH (USED IN)/PROVIDED BYINVESTING ACTIVITIES (855,812) 275,020
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments
of borrowing		 (306,750)
Loan interest
paid		 (9,075)
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES (315,825)
CHANGE
IN CASH AND CASH EQUIVALENTS		 IN THE YEAR (737,180) 1,740,626
Cash and cash equivalents
at the beginning
ofthe year		 7,872,514 6,131,888
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 7,135,334 7,872,514

iation
is provided
on the follo		 wing bases:
Freehold
property		 - 4-7%
Equipment
and furniture		 10-33%
Motor vehicles 14-33%
Assets under construction - Not depreciated

Unrestricted Restricted Total
funds funds funds
2023 2023 2023
F E
Donations 1,766,591 41,740 1,808,331
Legacies 1,798,769 1,798,769
3,565,360 41,740 3,607,100
Unrestricted Restricted Total
funds funds funds
2022f 2022
F		 2022
6
Donations 1,411,050 32,418 1,443,468
Legacies 1,519,575 10,000 1,529,575
2,930,625 42,418 2,973,043

Unrestricted Restricted Total
funds funds funds
2023 2023 2023
F 6
NHS Basic Funding 2,824,665 2,824,665
End of Life Care Education Projects 89,249 89,249
Other Income 175,603 178,327 353,930
COVID Relief grants
Hospice UK grants (9,573) (9,573)
TOTAL 2023 3,000,268 258,003 3,258,271
Unrestricted Restricted Total
funds funds funds
2022 2022f 2022f
NHS Basic Funding 2,718,554 2,718,554
End of Life Care Education Projects 87,157 87,157
Other Income 285,999 101,736 387,735
COVID Relief Grants 112,005 4,606 116,611
Hospice UK grants 400,725 400,725
TOTAL 2022 3,116,558 594,224 3,710,782
INCOME FROM OTHER TRADING ACTIVITIES
Income from non charitable trading activities
Unrestricted Total
funds funds
2023 2023
E
Shops/ bkinda 4,059,612 4,059,612
Sale of assets 15,876 15,876
Lottery 744,898 744,898
4,820,386 4,820,386

Unrestricted Total
funds funds
2022 2022f
Shops 3,103,969 3,103,969
Sale ofassets 448,866 448,866
Lottery 676,225 676,225
4,229,060 4,229,060
6. INVESTMENT INCOME
Unrestricted Total
funds funds
2023 2023
E F
Income from property 30,407 30,407
Investment income - other investments 65,354 65,354
Interest receivable and similar income 107,348 107,348
203,109 203,109
Unrestricted Total
funds funds
2022 2022
Income from property 56,085 56,085
Investment income - other investments 45,389 45,389
Interest receivable and similar income 5,654 5,654
107,128 107,128

Unrestricted Restricted
funds funds Total
2023 2023 2023
E 8 8
In Patient Care 3,282,059 1,978 3,284,037
Community Services 2,474,947 28,292 2,503,239
Hospital Services and Medical Operations 560,691 (460) 560,231
Education 315,832 164,444 480,276
6,633,529 194,254 6,827,783
Unrestricted Restricted
funds funds Total
2022 2022f 2022
6
In Patient Care 2,755,140 202,241 2,957,381
Community Services 2,092,832 155,544 2,248,376
Hospital Services and Medical Operations 499,310 35,326 534,636
Education 320,072 180,243 500,315
5,667,354 573,354 6,240,708

Activities
undertaken Support Total
directly costs funds
2023 2023 2023
6 6 6
In Patient Care 2,920,103 363,934 3,284,037
Community Services 2,086,560 416,679 2,503,239
Hospital Services and Medical Operations 425,217 135,014 560,231
Education 309,018 171,258 480,276
5,740,898 1,086,885 6,827,783

Activities
undertaken Support Total
directly costs funds
2022
6		 2022f 2022f
In Patient Care 2,641,645 315,736 2,957,381
Community Services 1,884,722 363,654 2,248,376
Hospital Services and Medical Operations 411,722 122,914 534,636
Education 351,585 148,730 500,315
5,289,674 951,034 6,240,708

the basis o fthe number of personnel
in each area of charit		 able
and income generation
activity		 .
2023 2022f
Cost ofraising funds
Shops 344,880 254,260
Lottery 49,551 36,906
bkinda 53,956
Fundraising and publicity 337,737 207,373
Investment and other 42,537 40,629
828,661 539,168
Charitable activities
In patient care 287,187 254,744
Community services 308,410 276,225
Hospital services and medical ops 80,879 79,199
Education 105,817 96,377
782,293 706,545
Governance costs
Audit &accountancy 29,479 25,920
Legal and professional 6,754 13,504
Other 335,062 266,078
371,295 305,502

Group Group Company Company
2023
6		 2022
f		 2023
6		 2022
6
Wages and salaries 6,981,537 6,243,137 6,872,891 6,180,316
Social security costs 612,723 518,943 605,332 515,319
Contribution to defined contribution pension
schemes 697,644 580,074 690,417 575,958
8,291,904 7,342,154 8,168,640 7,271,593
Group Group Company Company
2023 2022 2023 2022
No. No. No. No.
Clinical and direct care 121 118 121 118
Direct support 39 37 39 37
Office and administration 48 47 48 46
Fund generating teams 92 82 86 78
300 284 294 279
Group
Group As restated
2023 2022
No. No.

Computer
Computer software
in
software development Total
E E
COST
At 1 April 2022 15,541 33,153 48,694
Additions 31,699 85,734 117,433
Transfers
between classes		 55,587 (55,587)
At 31 March 2023 102,827 63,300 166,127
AMORTISATION
At 1 April 2022 5,180 5,180
Charge for the year 19,835 19,835
At 31 March 2023 25,015 25,015
NET BOOK VALUE
At 31 March 2023 77,812 63,300 141,112
At 31 March 2022 10,361 33,153 43,514

Equipment Assets
Freehold and Motor under
property furniture vehicles construction Total
6 6 6 6 E
COST
At 1 April 2022 6,636,156 1,438,123 45,091 37,304 8,156,674
Additions 38,265 159,785 714,996 913,046
Disposals (60,000) (299,536) (3,173) (362,709)
Transfers
between classes		 658,231 71,602 (729,833)
At 31 March 2023 7,272,652 1,369,974 41,918 22,467 8,707,011
DEPRECIATION
At 1 April 2022 4,828,300 1,260,437 44,685 6,133,422
Charge for the year 264,903 91,231 406 356,540
On disposals (39,600) (298,900) (3,173) (341,673)
At 31 March 2023 5,053,603 1,052,768 41,918 6,148,289
NET BOOK VALUE
At 31 March 2023 2,219,049 317,206 22,467 2,558,722
At 31 March 2022 1,807,856 177,686 406 37,304 2,023,252

Freehold
Investment
property
E
VALUAT I0N
At 1 April 2022 430,000
Additions 304,124
Surplus on revaluation 27,876
At 31 March 2023 762,000

Listed
investments
GROUP f.
COST OR VALUATION
At 1 April 2022 2,733,375
Additions 700,182
Disposals (498,431)
Revaluations (270,757)
AT 31 MARCH 2023 2,664,369
NET BOOK VALUE
AT 31 MARCH 2023 2,664,369
AT 31 MARCH 2022 2,733,375
Investments
in
subsidiary Listed
companies investments Total
COMPANY E 6
COST OR VALUATION
At 1 April 2022 2,733,375 2,733,377
Additions 700,182 700,182
Disposals (498,431) (498,431)
Revaluations (270,757) (270,757)
AT 31 MARCH 2023 2 2,664,369 2,664,371
NET BOOK VALUE
AT 31 MARCH 2023 2 2,664,369 2,664,371
AT 31 MARCH 2022 2 2,733,375 2,733,377

Group Group Company Company
2023f 2022f 2023
F		 2022f
DUE AFTER MORE THAN ONE YEAR
Amounts
owed by group undertakings		 50,000 50,000
DUE WITHIN ONE YEAR
Trade debtors 187,957 279,425 187,957 279,425
Other debtors 189,526 109,213 181,280 109,213
Prepayments and accrued income 1,153,550 1,262,368 1,149,600 1,258,939
Tax recoverable 52,383 49,044 52,383 49,044
1,583,416 1,700,050 1,621,220 1,746,621

Group Group Company Company
2023
F		 2022
F		 2023f 2022f
Trade creditors 166,408 248,649 155,767 243,422
Amounts
owed to group undertakings		 76,048 339,913
Other taxation and social security 141,373 145,024 137,446 131,305
Other creditors 86,146 70,274 84,554 69,885
Accruals and deterred income 384,746 432,451 302,004 333,935
778,673 896,398 755,819 1,118,460

Dilapidation
provlslon
At 1 April 2022 179,000
Additions 39,250
Amounts reversed (5,625)
212,625
Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022 Income Expenditure in/out (Losses) 2023
6 6 6 E 6 E
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
Fixed Asset Fund 1,986,769 (376,734) 1,009,574 2,619,609
Investment
Revaluation
Reserve 636,228 (74,601) (89,672) 471,955
Income Generation
Reserve 351,025 (81,470) (34,900) 234,655
Building
Facilities
Reserve 133,057 (4,610) (13,982) 114,465
Legacies Reserve 1,000,000 1,000,000
Invest to save Fund 696,505 (33,591) (653,355) 9,559
Revenue Reserve 3,100,000 200,000 3,300,000
Case for Change /
Quality agenda 150,000 (44,914) 100,000 205,086
Compassionate
Communities
Development 50,000 (31,972) 18,028
Data project 100,000 (1,800) 98,200
LMS Replacement 20,000 (20,000)
Hospital Team
Expansion 104,000 104,000
Integrated
Care Trial		 70,000 (14,817) 55,183
Organisational
Development
Initiatives 55,000 55,000
Clinical Co-ordination
Reserve 1,000,000 1,000,000
Spiritual
/
Psychosocial 30,000 30,000
IT System
Improvements Fund 150,000 150,000
Staff support scheme 200,000 200,000
Sustainability
Reserve 50,000 50,000
Pay reserve 510,000 510,000
8,397,584 (589,908) 2,507,736 (89,672) 10,225,740

Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022
f		 Income
6		 Expenditure in/out
6		 (Losses) 2023
6
GENERAL FUNDS
General funds 5,476,389 11,628,373 (10,855,162) (2,487,343) 3,762,257
Dilapidation
provision (179,000) (39,250) 5,625 (212,625)
5,297,389 11,589,123 (10,849,537) (2,487,343) 3,549,632
TOTAL
UNRESTRICTED
FUNDS 13,694,973 11,589,123 (11,439,445) 20,393 (89,672) 13,775,372
RESTRICTED
FUNDS
Other Funds 15,299 32,731 (22,209) (20,393) 5,428
Project Funds 55,314 267,012 (203,031) 119,295
70,613 299,743 (225,240) (20,393) 124,723
TOTAL OF FUNDS 13,765,586 11,888,866 (11,664,685) (89,672) 13,900,095

Balance at
Balance at Transfers Gains/ 31 March
1 April 2021
f		 Income Expenditure f in/out (Losses)
E		 2022
f
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
Fixed Asset Fund 2,448,069 (386,784) (74,516) 1,986,769
Income Generation
Reserve 200,000 (48,975) 151,025
Building
Facilities
Reserve 133,057 133,057
Legacies Reserve 1,000,000 1,000,000
Projects
/ Invest to
save Fund 764,074 (42,524) (25,045) 696,505
Revenue
Reserve		 3,700,000 (600,000) 3,100,000
Case for Change /
Quality agenda 150,000 150,000
Compassionate
Communities
Development 50,000 50,000
Data project 100,000 100,000
Income Generation
Start Up Funds 200,000 200,000
LMS Replacement 20,000 20,000
Hospital Team
Expansion 104,000 104,000
Integrated
Care Trial		 70,000 70,000
Investment
Revaluation
Reserve 611,170 (123,201) 148,259 636,228
9,156,370 (478,283) (428,762) 148,259 8,397,584

Balance at
Balance at Transfers Gains/ 31 March
1 April 2021 Income Expenditure in/out (Losses) 2022
6 8 8 F 6
GENERAL FUNDS
General
funds		 2,919,439 11,324,466 (9,184,708) 417,192 5,476,389
Dilapidation
provision (220,125) 41,125 (179,000)
2,699,314 11,324,466 (9,184,708) 458,317 5,297,389
TOTAL
UNRESTRICTED
FUNDS 11,855,684 11,324,466 (9,662,991) 29,555 148,259 13,694,973
RESTRICTED
FUNDS
Other Funds 29,191 443,250 (430,300) (26,842) 15,299
Project Funds 21,828 193,392 (157,193) (2,713) 55,314
51,019 636,642 (587,493) (29,555) 70,613
TOTALOF
FUNDS 11,906,703 11,961,108 (10,250,484) 148,259 13,765,586

Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022 Income Expenditure in/out (Losses) 2023
6 6 6 F 6
Designated
funds 8,397,584 (589,908) 2,507,736 (89,672) 10,225,740
General funds 5,297,389 11,589,123 (10,849,537) (2,487,343) 3,549,632
Restricted funds 70,613 299,743 (225,240) (20,393) 124,723
13,765,586 11,888,866 (11,664,685) (89,672) 13,900,095
SUMMARY OF FUNDS - PRIOR YEAR
Balance at
Balance at Transfers Gains/ 31 March
1 April 2021f Income
f		 Expenditure
6		 in/outf (Losses) 2022
6
Designated
funds 9,156,370 (478,283) (428,762) 148,259 8,397,584
General funds 2,699,314 11,324,466 (9,184,708) 458,317 5,297,389
Restricted funds 51,019 636,642 (587,493) (29,555) 70,613
11,906,703 11,961,108 (10,250,484) 148,259 13,765,586

Unrestricted Restricted Total
funds funds funds
2023 2023 2023
6
Tangible fixed assets 2,558,722 2,558,722
Intangible fixed assets 141,112 141,112
Fixed asset investments 2,664,369 2,664,369
Investment property 762,000 762,000
Current assets 8,640,467 124,723 8,765,190
Creditors due within one year (778,673) (778,673)
Provisions for liabilities and charges (212,625) (212,625)
TOTAL 13,775,372 124,723 13,900,095

Unrestricted Restricted Total
funds funds funds
2022f 2022 2022
6
Tangible fixed assets 2,023,252 2,023,252
Intangible fixed assets 43,514 43,514
Fixed asset investments 2,733,375 2,733,375
Investment property 430,000 430,000
Current assets 9,540,230 70,613 9,610,843
Creditors due within one year (896,398) (896,398)
Provisions for liabilities and charges (179,000) (179,000)
13,694,973 70,613 13,765,586

Group Group
2023 2022
6 6
Net income for the year (as per Statement of Financial Activities) 134,509 1,858,883
ADJUSTMENTS FOR:
Depreciation charges 356,540 381,605
Amortisation charges 19,835 5,180
(Gains)/losses
on investments		 in shares (net offees) 134,360 (249,254)
Interest received (203,109) (107,128)
Profit on the sale offixed assets (15,876) (432,281)
Decrease/(increase) in stocks (8,161) 2,126
Decrease
in		 debtors 116,634 476,187
Decrease
in		 creditors (117,725) (31,837)
Increase/(decrease) in provisions 33,625 (41,125)
Interest
paid		 9,075
Investment property gifted (304,124)
Revaluation gains on investment property (27,876) (90,000)
NET CASH PROVIDED BYOPERATING ACTIVITIES 118,632 1,781,431

CONTRACTED FOR BUT NOT PROVIDED
IN THESE FINANCIAL STATEMENTS
Acquisition
oftangible		 fixed assets

Group Group Company Company
2023 2022 2023 2022
6 F F 6
Not later than 1 year 400,245 360,103 400,245 360,103
Later than 1 year and not later than 5 years 539,064 312,341 539,064 312,341
939,309 672,444 939,309 672,444
The following lease payments have been recognised
as an expense
in		 the Statement of Financial
Activities:
Group Group Company Company
2023f 2022f 2023
6		 2022
f
Operating lease rentals 490,197 382,271 490,197 382,271