2022-03-31-accounts

Stwilfrid's Hospice Making a difference to local lives ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Registered Company Number 01562110 Registered Charity Number: 281963

CONTENTS Page Reference and Administrative Details Trustees, RepK)rt lincorrxjraling the Strategic Report 3-18 Independent Auditor's Report 19-21 Consolidated Statement of Financial Activities 22 Balance Sheets 23 Consdidaled Slalemenl of Cash Flows 24 Notes lo the Financial Slalemenls 25-45

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2022 Charity Name St Wilfrid's Hospice (South Coastl Limited Charity Number 281963 Company Number 01562110 Registered Office Walton Lane Bosham, Chichester Wesl Sussex P018 8QB Vice Presidents Dr C J Bateman Mr M G Bevis Dr A Copsey Prof A G Dewhursl Mrs P J Foster Mrs S Hyland Mrs K Glendinning Mr G C Papworth Mr C Shippam Mrs E A Spence MrMDTroy Dr S Williams Mrs A P Wormald Patrons Mrs J Jackson MrDMac Mrs D Patterson Dame K P Roulledge DBE Mr and Mrs C Timothy Tmstees Mr J Beard Iresigned 3rd March 20221 Mr M Bevis Irelired 291h September 20211 Mrs L 8ruce Mr J Clayton (Vice Chairl Prof A Dewhursl Irelired 241h November 2021 J Mr C Dicks (Honorary Treasurer} Mr A Easter MrNFox Ms S Jerrarn Ichairl Ms H Keenlyside Ms V Mudford Miss A Sharp Dr A Stone Ms L Wall Company Secretary Mrs H Edson

ST WILFRID'S HOSPICE {SOUTH COAST) LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2022 Senior Management Team Mrs L Addison, Director of Income Generation Mrs H Edson, Director of Finance Ms C Horlock, People Director lappoinled June 20221 Mrs L Kemp, Director of Fundraising Iresigned 28th January 20221 Dr C Magee, Medical Director {appoinled June 20211 Dr B AmesbuTy, Medical Director {retired 11th June 2021) Mrs A Moorey, Chief Executive Mrs S O'callaghan, Director of Clinical Services Independent Auditor Crowe U.K. LLP 4th Floor St James House Sl James Square Chellenham GL50 3PR Solicitors Itwin Mitchell Thomas Eggar House Friary Lane Chichester Wesl Sussex P019 1UF George Ide LLP 52 North Street Chichester Wesl Sussex P019 1NQ Bankers National Weslminsler Bank plc 5 East Street Chichester West Sussex P019 1HE

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 STRATEGIC REPORT Our Vision Our vision Is that all dying people and those close lo them should have access to the ¢are and support that they need. Ourmlssion Our mission is lo provide high quality specialist end of lrfe care and bereavement support whenever and wherever il is needed. 'Palliative care is an approach that improves the quality of life of patients and their families facing the problems associated wlh life-threalening illness, through the prevention ane relief of suffering by means of early idenlificalion and irNpe¢¢able assessment and treatment of pain and other problems, physical. psychosocial, and spiritual." (WHO definition of Palliatwe Carel. Paragraph 3 of The Memorandum of Association reads. The Charity's object for which the association is established is the relief of people suffering from cancer and other terminal conditions and the relief of the carers and families of such people who are in conditions of need, hardship or distress." Publlc Beneflt The Trustees confimi that they have taken into account the Charity Commission guidance on public benefit when reviewing the Charity's aims and objectives. The Trustees have identified that St Wilfn'd's meets three of the thirteen descriptions of charitable purposes as sel out in the Charities Act. namely the advancement of health, the relief of those in need by reason of ill health or disability and the advancement of education. Those who benefit from the seNices that the Hospice provides are people living with cancer and other terminal illnesses and the relatives and friends of such people. The referral criteria for access to our services are widely disseminated and those patients who are referred and meet the eligibility crilena will be accepted for care. The services operate in a defined geographical area, referrals are received for patients registered with specific GP surgeries, and the boundaries of these are adjacent to those served by our neighbouring hospices who in turn provide very similar services lo Sl Wilfrid's Hospice. Through participation in the delivery of echo, Ilhe end of life coordination service hosted by Sussex Commuily NHS Foundation Trust), the Hospice services extend beyond patients and their loved ones directly referred lo them. The services are provided al no cost lo any patient who meets the referral criteria. Their loved ones are also offered support. Our Education Department has an impact on services and care elsewhere, and as explained later in the report this developed further during the COVID-19 pandemic.

ST WILFRID'S HOSPICE (SOUTH COAST} LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 ST WILFRID'S HOSPICE'S STRATEGY FOR 2019-24 Values: Excellence Compassion Integrity Collaboration Responsibility Strategic Goal: Extending our reach to mora people in the community Objectlves: Services that are accessible, flexible, and reswjnsive Seeking opportunities lo engage and influence a diverse community Strategic Goal.. Improving and enhancing the quality of OUT care Objectives: Services that are innovative, evaluated and outstanding Seeking opportunities to learn, develop and improve Strategic Goal: Ensuring long tem) sustainability Objectives: Setvices that maximise the use of our existing resources Seeking opportunities to diversify and grow Caring for our resources and the environment OBJECTIVES AND ACTIVITIES COVID-19 The impact of the COVID-19 pandemic has continued to be fell, although some reslriclions eased through the year. The Senior Management Team ISMTI remained focussed on maintaining safely, assessing risk and responding to changing guidance through the year. The Importance of excellent infection control practices, social distancing, lesling ané vaccination lo reduce the risk of transmission and harm remained vital. All team embers, whatever their role, understand that Il is their responsibility lo pul our Hospi￿ values, whatever discipline or role, al the forefront of everything we do and protect those in our care from hanr. The past two years have prove¢J exceptionally challenging for the whole Hospice te8m,- il is lo everyone's credrt that the essential services have been maintained anit adapted through this period. Funding and building the new Hospice facility was an important foundation in addressing these ohallenges, 88 was working to achieve the Charity's strategic goals and acting in accordance with the Hospice values. The Truslees thank all staff artd volunteers for their work and commitment throughout the period of the pandemic. The financial impact of the pandemic has remained a key consideration for the Trustees, who maintained close oversight of the cashflow. As reported last year, NHS England INHSEI funding towards hospice care continued and had a positive impact at year end whilst many other income streams were negatively impacted by the pandemic. The NHSE funding was not expected lo continue bul Hospice UK once again negotiated further support for hoSpi￿S as the Omicron variant emerged as a concern. NHSE awarded funding lo allow the Hospice to make available bed capacity and community support from December 2021 to March 2022 to provide support lo people with complex needs in the context of the COVID-19 situation. This funding is shown as a reslricled fund and was fully utilised by year end lo supp)rt palient care. The Trustees thank Hospice UK for their persistence and wmmilment and NHS England for this additiona5 funding. which recognised the continuing work of all hospices through the pandemic. The local Clinical Commissioning Group ICCGI also granted some addition81 funding for the increase in community nursing.

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Charltable Objactives and Actlvlties Noted ￿lOW are the key objectives for the year.. Meet agreed KPIS and report lo Subcommittees and Board Review changes made lo seryices in response lo COVID-19 and ensure services are delivered lo best meet patient needs Ensure all services are delivered in ways that enable a positive palienUcuslomer/ supporter experience Develop and implement an Equality, Diversity and Inclusion {E, D + l} Strategy and action plan Establish baseline E, D+1 data of our people and our community Develop and implement a staff wellbeing strategy Review and update strategic and organi5ational risk management methodology Develop and launch our new website and brand messaging Review our values and how they are described, lo develop a values-based culture Build back the organisalion as one team and emphasise the need lo lake personal ownership for safely Complete a digital malurily matrix and develop an action plan in response with a 3-year timescale Work towards a balanced budget and securing the Hospice's financial stability over 3-5 years and beyond Support Retail and Fundraising lo achieve their surplus budgets and demonstrate growth in future years Collaborate with other hospices in Sussex lo redu￿ costs, increase reach and statutory funding Ensure workforce plans are in place across all Direclorales by end of 2022-23 In the paragraphs below the Trustees comment on 2chievemenls in relatson to these objectives. Clinlcal Services The services delivered by the Hospice clinical team continued to be affected by the COVID-19 pandemic. As there were an eslimaled minimum 50,000 missed cancer diagnoses during the pandemic in the UK, delayed diagr)oses will result in increased needs for palliative and end of life care for some years lo come. As needs fof the Chariws services increase. work will continue lo ensure that our teams are working mosl efficiently and effectively to meet the increasingly complex needs of our patient group. The Trustees thank staff for their resilience and flexibility in meeting these challenges. The number of new palienl referral numbers increased from last year by 50/0 lo 931, but have not yet relumed to Pre-pandemic levels. MonlhSy referrals have been variable, with June 2021 seeing 96 referrals received, the highesl monthly figure ever. There are six Key Performance Indicators IKPlsl for clinical services and all but one was met (see below), further emphasising the achlevements of Ihe team. KPI 2018- 19 2019- 20 944 202 21 Perfomance 2021-22 931 97% KPI mat? Referrals total % of aligible patients r￿Istered on ECHO % oc¢u an¢ of IPU % death5 at home or care home % nonacancef referrals o patients with recorded preferred lace of death 780-900 95¢/. Ye$ Yas 920 960 760 500 80V/o 62% 58Yty No Yes 570 20Vo 500 200 NIA 21° 550 220/0 54% 20% 62% Yes Admissions lo the inpatient unil decreased by 9°A and occupancy reduced from 79¥0 10 620A. This is a pattern experienced by many other hospices and reflects a reduced demand for beds, as more people were dying at home and the COVID impact on staffing. Lenglh of stay has also reduced with the role of Future Planning Nurse. developed al the beginning of the pandemic, ensuring that patients who were discharged home did not

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 experience unnecessary delays. The Hospice Communrty Team have been supporting patients with complex physical and psychological needs whilst working with other services who are under increasing pressure. They have continued to adapt lo new ways of working and support complex care coordination wlh other local services. Ensuring best use of our highly skilled Non-medical Prescribers lo benefit our patients alongside the further development of the Community Support Team volunteers are two examples of applying the 'righl person, right place, right task, approach. Living Well Services have been reduced through the pandemic, with staff working in the community an inpatient teams, and will now be gradually opened up, wrf(h Occupational Therapy and Physiolherapy being a key resource as we continue lo develop the rehabililalive approach lo end of life care. The role of the Family Support Services team developed through the year and continues to deliver psychological support including bereavement care. The work of our highly skilled and experienced Education team has flourished over recent years and the team have been successful in delivering edu¢ation and training to the local health and social care workforce across West Sussex and beyond. The focus has been on commissioned education and this year saw funding from West Sussex Clinical Commissioning Group, Health Education England ané Wesl Sussex County Council (Wesl Sussex Joint Dementia Strategy 2021-20221. COVID-19 necessitated moving the delivery lo virtual platforms. which has enabled greater access and removed many barriers. Other inilialives have included the establishment of a close working relationship with the University of Chichesler's new School of Nursing both for pl3￿MentS and involvement in curriculum development. Facilitation of training of medical students from Brighton & Sussex Medical School Commenced, involving placements at the Hospice as well as fomial teaching, working with the Hospice medical team. The team has continued lo support and be signrficantly involved in the Sussex Hospice Collaborative Project ECHO pilot {including IT). This year also saw the introduction of self-funded Courses particularly those that are essential for our local geographical area, and the introduction and development of a new course 'Essenlials in palliative and end of Irf8 care for Registered Nurses,. Equality, Diversity and Inclusion As reported last year, the Trustees recognise that there are a number of actions required to ensure that the organisation is truly inclusive, and thal the services meet the needs of all in our community. The Equality. Diversity and Indusion IE,D+ll steering group met through the year, chaired by the Chief Executive, involving staff and volunteers a5 well as the designated Trustee Lead. A revised E,D+l policy was launched with staff and volunteers and an E,D+l checklist used at all Board and Subcommillee meetings, to ensure E,D+l was considered. External advice was sought from County Council leads and baseline data ¢olle¢tion of staff and volunteers carried out. An action plan is being taken forward to support the Hosp1ce's strategic objectives, through advancement of these four key goals.. 1. Provide equal access lo our care and support lo everyone in our community 2. Embed E,D+l into all aspects of Hospice activities and culture 3. Allract, retain and develop a diverse communily of staff and volunteers, with equ21 opportunities for everyone and a culture of inclusion 4. Gather consistent and robust data lo drive decisions that improve patient and staff experience and the diversity and inclusivity ol the Hospice as an employer and a service provider Quality and Govemanco The services of the Clinul team have continued to be highly valued by patients and their loved ones, with numerous examples of positive feedback received. There was a significanl decrease from 14 10 2 formal complaints received, along with seven adverse comments. All formal complaints and adverse comments have been resolved, with learnings from each one shared wlh the team. The Trustees maintain oversight of the clinical services and receive assurance reports from the SMT in addition lo regular vi5115 and contact with staff, volunteers and patients. A particular focus was safeguarding, with the

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 designated Safeguarding Trustee Lead supporting an audit and a newly established organisalional safeguarding group. Peer review will be carried out in Gollaboralion with other hospices in Sussex, to ensure pro￿sseS and awareness are effectively monitored. The Care Quality Commission have not yet inspected our 5ervi¢es since the rmove lo our new I￿ation, and have maintained oversight by regular virtual assurance visits and open communication with the Registered Manager and Chief Executive. Digital The COVID-19 pandemic accelerated the importance of digital use and skills and this has been responded to as the Trustees recognise this as a critical area of development. A Digital Strategy Group was formed and a presentation given lo the Trustees al their Awayday. A digital maturity matrix has been completed, our Digital Principles and Digital Purpose agreed and further engagement across the organisation is planned. Internal Context The Trustees recognise that our staff and volunteers are our most important resource and this was brought into sharp focus through the COVID-19 pandemic. An external review of the Human Resource5 function resulted in a decision to appoint a People Director to enable the development of a clear people strategy. Implementing the Wellbeing strategy for our teams has remained a key priority. and ensuring we improve the diversity of our staff and volunteer workforce is crib'cal lo our future success. A5 restrictions were eased, work was carried out to bring the org8nis81ion back together and the Hospice's Eéucalion Team facilitated workshops with staff with a focus on the Hospi￿ Values, supporting mandatory training via the e4earning System. Staff sickness absence was lower than last year al 5.13Q/o and turnover increased to 230/0, reflecting national and local trends. Recruitment and retention of staff became a greater concern and the Trustees are aware of the vital importance of recruiting and retaining skilled and experienced staff. A key risk is not being able lo maintain pay parity with NHS pay rates, and effoils have been made to address this in future. The Trustees have agreed to make a small thank you payment to staff in the new financial year. Workforce planning has been given a high priority, and a particular focus has been on reviewing the skill mix in certain teams. especially where vacancies have been difficult lo fill. This has been SUC￿ssful and has assisted in developing teams and recruiting excellent new staff whilst ensuring best use of existing resources_ Actions were taken in areas of greater risk. including medical workforce, where a working group was established to review current and future challenges. Opporlunilies also exist, with the ability lo promote the Hospice as a great place to work and volunteer. Extgrnal Context All health care services in Sussex fall wthin the Sussex Integrated Care System IICSI and from July 2022. an Integrated Care Board IICBI will have slalulory responsibility for planning and delivering health care in the county. Palliative and End of Life Care IPEOLCI is recogniseé as a priority area to tackle under a broader Ageing Well programme. The new health care planning and delivery structure envisages inlegraling the voluntary and community sector into both planning and delivery of services, as well as bringing together provider collaboralives. A new Commissioning and Investment Framework is being developed by NHS England to guide ICSIICBS in the future commissioning of PEOLC, and Sussex has been chosen lo pilot thi5 approach. These changes provide significant opportunity for hospices to play a greater role in our local system and pul an onus on collaboration not just among ourselves bul wrth other agencies in the system. The pandemic has shone a light on the positive contribution of hospices and the need lo establish a fairer slatulory funding system. Sustainability of hospices has been discussed al national and local forums and Sussex CCG Commissioners are aware of potential risks to hospice service provision if additional NHS investment cannot be identified for future years. Incorne Generatlon Voluntary income continue5 to provide vital funding for St Wilfrid's work and is an important part of the

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Hospice's role in the local community. Voluntary income is generated through fundraising as well as through the Hospice's retail functions. During the year, the Charity took the opportunity lo restructure the income generation team under one Income Generation Director. The aim is to bring the Fundraising and Retail teams closer together as one team to maximise opportunities and dellver joined up supporter journeys. Fundraising The Fundraising Team mana9es 2 variety of income stream5 to secure income for the Charity- individual and in memory donations, trusts and foundations, events and community activity, (x)rporate partners, lottery and raffles and gifts in wills. Gifts in Wi115 is the Hospice's second largest income stream and during 2021122 we have undertaken a Grfts in W111s review and have launched a new slralegy lo reinvigorate this important income stream, develop and grow rt. In response to the COVID-19 pandemic, the team has worked hard to change and adapt methods lo ensure that fvndraising continues lo support the Charity as much as possible, including the use of technology and virtual events, enabling supporters to fundr3ise. As reported last year, we had to cancel our flagship Moonlight Walk event in 2020 and instead delivered a successful virtual event as a replacement. In 2021 we adapted further and delivered a hybrid event, offering a physical option alongside the virtual option. This was a success and raised over £100,000 with over 500 walkers. The Christmas Tree Recycling Project is in ils third year, and this year 971 trees were collected and recycled across the county. 920 people used the service, 279 were new supporters to the Hospice and we retained 54Vo from the previous year. Trees were recycled for use as mulch on local farms", a positive action and a signal lo demonstrate the Charrty's concern for the environment. Talking lo members of the public in person and speaking lo existing supporters on the telephone, along with writing lo them, are some of the most important ways to engage people with the Hospice's work and raise vital funds - this activity is undertaken by the income generation staff in the Fundraising and Retail Teams and by trained volunteer5. The Charity is part of Local Hospice Lollery, which is the only out-sourced fundraising conlrael, and this relationship is managed closely. They are compliant with the Fundraising Regulator and GDPR and have a corresponding, stringent training programme for all their staff who work on behaff of hospi￿$ across the UK. Support from individuals donating lo the Charity in memory. in response to direcl marketing appeals or through commilled monthly giving programmes, including the Lollery, are fundamental to achieving income growth. Throughout the year, general donations and In-memory donations were slrong- this method of giving is ofte a reflection of the excellent care provided lo beneficiaries. Trusts and Foundations support has been a strong area of growth, exceeding ils annual largel by 37%. The Charity is grateful to all the Trust and Foundations who have supported the Hospice throughout the year. Corwrate fundraising was up on budget by 140/0, this is an improvement on the previous year when it was down by 120/0, when many offices were closed, staff on furfough and companies unable to engage during the pandemic. We are delighted that we have been able lo reengage with companies again and will continue lo build relationships in this area. We are very grateful for all the companies who have suprKJrted the Hospice throughout the year. The Charity, through the Fundraising Team, will continue lo priorilise excellent supporter stewardship and personalised donor journeys in order lo maximise retention and increase income in future years. Volunteer specific role training is implemented al department level, with a variety of volunteers and staff carrying out this training and completing a training record for each individual wh￿h is signed off on completion. This includes training those volunteers representing the Hospice with lundraising activities in the community. All volunteer records are held on Better Impact, a secure database.

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 For 211 Hospice fundraising events and relevant 'on behalf of Si Wilfrid's, ￿mMunitY fundraising aclivilies.. risk assessments, legal regulations and up to date health and safely measures, recommendations and implemenlalion are carried out by the Sl Wilfrid's Event and Community Fundraising Team. Where a Community Fundraising activity is Carried out 'in aid of the charity, and the Sl Wilffid's Event and Community FLJndraising Team are notified about it, they are able lo offer bespoke guidance on legal. risk and safely measures to ensure compliant fundraising. Records of all events, Community Fundraisers, participants and donors and fundraising income are maintained on Raisers Edge, our secure database. The Charity is a member of the Fundraising Regulator. This means the Fundraising Code of Pradice is followed and high standards of fundraising are maintained at all times. The Charitls furKlraising practices continue to follow industry standards and are compliant wrth all fundraising standards. Any complaints about fundraising are monitored by the Charity's Voluntary Income Generation Subcommittee. The Hospice's Fundraising Promise is published on the website, and the public are encouraged lo provide feedback, which is used lo improve the Charity's fundraising activities and maintain its reputslion. Vve have had three requests logged with the Fundraising Preference Service in 21122. Two of these we related to a person making a request lo be removed from our database and one of them related to a request to update their communication preferences. All relevant action has been taken by the Charity In good time, and communication preferences updated on our systems. The Charity strives lo ensure that our supporter5 have a great experience and that all supporters, including vulnerable people, are Irealed fairly. If we find cause for concern, we investigate as a matter of urgency. Our income generation team, including all fundraisers and retail management, have participated in safeguarding awareness and training. Retail The financia￿ year 2021-22 has been a period of strong income generation from the Charity's retail operation, following the re-opening of all shops in April 2021 after the COVID reslriclions were lifted. In fact, the income generated from our retail operation has been the strongest year in the Charity's hislofy, above the budget anlicipaled in 2021-22, which was always going lo be a year of uncertainly especially in relation lo customer behaviour and purchasing activity post COVID. Sales were achieved through a high level of donated items given to the Charity by our supporters, over 258,000 customer transactions in our shops, and over 7,000 transactions on our online platforms. We are extremely grateful for the support that the Charity is given by our customers and donors in all Ioc81 communities. The closure of our shop in South Street. Chichester al the ènd of th8 previous financial year. in March 2021. and ils relocation in April 2021 to a new shop al 4 Ea51 Street in the heart of the Chichester city, has eonlribuled lo both supporter and income growth during the year. The new shop is a prime 'shop window. for the Charity lo help us reach wider groups and more diverse supporlers, alongside being an important income generator. During the course of the past year the Charity expanded our existing community shop in the village of Selsey, which has contributed lo increased income generation and customer footfall, particularly during the summer months. Our retail units were resourced by approximately 50 staff Imoslly working part timel and over 250 volunteers during the Course of the year. On joining the Charity, both staff and volunteers complete an induction and ongoing training in order lo represent the Charity when meeting supporter5. This training includes Retail Grfl Aid, in order that the Charity complie5 wlh HMRC standards. During the year. all retail job descriptions were rewritten and in April 2022 our retail workforce were moved lo the Hospice pay scales, bringing consistency with all other roles In the Charity's workforce This change has been made lo aid both recruilmenl and retention in future. The positive impact that our Telail opération makes to the environment is important lo many supporters 8nd tential supporters. Charity retailing plays a key role in contributing to the circular economy, by offering

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 donated go(Ids lo be purchased in our shops for reuse, thus avoiding landfill. This consideration has become more important to more people during the past year. especially the younger demographic in our communities, with 'lhrifting' becoming a key trend amongst the young. Alongside this trend, the 'shop local, movement continues, which helps our relevance and positioning as a local charity. All of these external factors are positive drivers of income generation, despite the uncertain economic and retail climate Marketing and Communications Key successes from the Marketing and Communications Team in 2021-22 have been key18rge-scale projects, process improvements, and an additional team member hire. The rebuild of the stwh.co.LJk site by a chosen web agency, launched in October 2021. followng a six month cross functional project. This has given the sile a better audience user experience, an easier back end funclionalily, and more reliable stability. sin￿ launch an accessibility tool has been added to allow users with additional needs such as visual impairment or translation requirements lo access information more easily. The Patient Guide Iprint and online) was also completed, a5 the full overview of Hospice services for patients and loved ones. The Brand Guidelines have been integral lo projects such as shop launches and extensions, retail van signage and ever<hanging COVID-19 guidance signage. All Voluntary Income Generation activities {fundraising aclivibe5, events, shop signage etcl require tactical marketing support, and thi5 is managed via the marketing calendar. The Marketing and Communications Team has been strengthened with the hire of our first apprentice in a Marketing Assistant posilKTrn, providing good support lo our team of now three full and part time staff. Voluntgers The Trustees express their heartfelt thanks lo all volunteers who have continued to support the Charity through another year of uncertainly and change. Yel again we have seen the volLJnteers being selfless by offering their time lo support the Charity in many and varied ways, wilhoul which the essential services delivered could not continue. The team of clinical volunteers adapted lo new ways of working to ensure we keep patients and their loved ones safe whilst still offering a warm welcome lo the ward. Fundraising and retail volunteers have stepped up to the challenges faced in encouraging donors and customers lo return 10 Support the Hospice. Once again, the whole volunteer team, induding the gardeners, has proven that they are indispensable lo Sl Wilfrid's. As the reslriclions imposed due to the COVID-19 pandemic gradually eased, volunteers have once again demonstrated their flexibility and commitment to the Hospice. The Volunteer-led bereavement support Walk & Talk Group was reintroduced in May, wrth 30 clients now in attendance enjowng monthly walks. providing essential support to them. The team of Community support volunteers inlro(Juced last year to support people who were often isolated at home with regular phone calls, became integrated with the Hospice communily nursing team and made over 12,000 contacts in the year. Developing new roles and involvement for volunteers has continued, led by the Voluntary Services Team and supported by the Hospice staff team. The team of Hospice Visitors who provide bereavement support has been slrenglhened by 13 new members who have been trained by members of the Family Services Team. Examples of new inilialives lo involve volunteers as key members of OLJr workforce has included asking volunteers to be part of the interview panel for registered nurses working on the inpalienl ward. The Equality, Diversity and Inclusion Steering Group has welcomed three volunteers as members, ensuring our volunteers are fully involved in achieving the goals in our E,D+l action plan. Alongside mandatory training of staff, Sl WiKrid's Hospice pyovides induction ar)d departmental training for all volunleefs including annual mandatory update training. This year online training through the volunteer management system Mylmpacl was introduced with 100010 of Hospice-based volunteers completing their mandatory training thi5 way. Study Days are also offered by the Hospice Education Team lo assist volunteers in caTrying out their volunteering role. The delivery of training is through a v8riely of methods, e-learning, direct learning and written

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 material. The Hospice does not provide free of charge non-essenllal training as this may be inlerpreleij as consideration and intent towards an employment relationship. Induction training covers an explanation of the services the Hospice provides lo the local community including values and objectives, how lo volunteer safely by following policies, guidelines and maint8ining boundaries and the core mandatory topics covering Health & Safely, Fire. Safeguarding, Manual Handling, Hand Hygiene and Equality, Diversity + Inclusion. Feedback from volunteers has continued lo be very positive, with 980/0 of volunteers agreeing that they would recommend volunteering al Sl Wilfrid's. In answer lo the question 'Do you feel valued by members of staff at the Hospice?, one volunteer responded as follows- "Extremely so. The inclusive management decisions {vaccinations, lesling, scrubs. communicalionsl especially during the first lockdown made us feel protected bul also apprecialed. The 'all one company, approach made the bonds between volunteers and staff much stronger than was possible before Covid19." Many actions have been taken lo actively recruit new volunteers through social media and welcome a more diverse volunteer team. Partnerships with local charities including the Ap4Jldram Centre and Think18 have provided volunteering opportunities in the Shops for local people with learning disabilities. The number of active vdunteers has risen from 97 10 173 by March 2022 in the Hospice and from 214 10 282 in the shops, an overall increase of 500A. The hours given by volunteers is more accurate this year due to a new method of collecting data in the shops. The annual total was 17,618 hours at the Hospice, 27,612 in the shops and 1,456 supporting fundraising. KEY OBJECTIVES As we now celebrate the Hospice's 35th anniversary and look towards the future, the SMT goals for 2021-23 have been updated and the key highlights for the forthcoming year are sel out below.. Meet agreed KPIS and report lo Subcommillees and Board Ensure all services enable a positive patientlcu51omerlsupporter experience and launch IWanlGreatCare review software on our sile to gain feedback Gradually re-open Living Well Services with a focus on connecting with those living with life shortening conditions who do not Iradilionally access hospice services Develop a beller understanding of our workload activity and data, alongside future forecast needs, including meeting the needs of patient groups who are underserved Work in partnership with Primary Care Networks, Community and Acute Trusts to address Chronic disease management Work in partnership with other hospices in Wesl Sussex alongside other providers to ensure we lake a more active leadership role in the system Continue delivery of education programmes, whilst implementing the Sussex Hospice Education Collaborative Continue to implement the Equality, Diversity and Inclusion IE, D + l) strategy and action plan Recruit and relain more great people Istaff and volunteer51 lo join our teams in a time of national skills shortage, through developing our workforce plan and improving the diversity of our people Implement revised strategic and organisalional risk management methodology Deliver the Digital Malurily action plan with a three year timescale and protx)sals for investment Work towards a balanced budget and securing the Hospice's financial stability over three lo five years and beyond Deliver the 351h year 'Charity Extra. Match Funding activity to drive income generation in an uncertair7 climate and increase acquisitionlre-engagement of major donors and corporate partners, post pandemic Implement the Gifts in Wills strategy, with financial return expected in future years Support the use of the 35th Anniversary messaging to communicate the brand lo our audiences Increase collaboration across In¢ome Generation teams to strengthen community presence. reach and engagement whilst stabilising our voluntary income streams

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Reduce our impact on the environment by acting lo reduce our energy usage and promoting sustainable practices A summary of the year 2021-22 and the plans for the year ahead were shared with the Senior Staff Group for onward dissemination lo their teams. The SMT have asked that teams focus on four key takeaway messages-. We are Needed Now More Than Ever Our people are our greatest asset We are financially strong bul we all need to take care of our resources We are only al the beginning with E,D+l Governing document The Charity was incorporated on 18th May 1981. The Hospi¢e is controlled by its Memorandum and Articles of Association lamended 21 ￿ October 20091. 11 is a company limited by guarantee, as defined by the Companies Act 2006 registered in England and Wales {Company number 015621101 and a Charity registered with the Charity Commission of England and Wales (Charity number 2819631. Members, appointment and members. liability The members of the charitable company are the Trustees, Vice-Presidents, the chairs of some of the Hospice Supporter Groups, and others appointed lo the membership by the company in order to give the widest possible representation of those involved wth St Wilfrid's. Every member undertakes lo contribute an amount not exceeding £1 in the event of the company being wound up while a member or within one year of ceasing lo be a member. Organisational structure and how decisions are made The Hospice Is governed by the Board of Trustees, which mel eight times in the year with the Senior Management Team ISMTI in attendance. The Board meetings are informed by five Subcommittees, each of which has Terms of Reference ratrfied by the Board. The Subcommittees of the Board are.. Clinical Services, Finance (including Inveslmenlsl, Resources. Board Development (including SMT Remuneration) and Voluntary Income Generation. The Trustees continued lo review the updated Charity Governance Code for larger charities and carried out a self-assessmenl against the recommendations in the Code. The Board Development Subcommillee recommended a three slep governance and development programme in response lo this self-assessmenl. This involves the following steps and will be completed during 2022-23.. Trustee leam building session, with external facilitation 2. Observation of a board meeting by an experienced Chair of another hospice, with slruclured feedback 3. External commisS￿ne￿ desktop governance review and workshop feedback to the Board to be undertaken by Compass Partnership The Trustees are responsible for the overarching strategic direction of the Hospice with the operational management and supporting operational procedures delegated lo the Chief Executive who leads the SMT. The SMT prepares an operational plan outlining key objectives lo meet the strategy and reports lo the Truslees quarterly on progress towards these objeclives. Rgmunerntion of key management personnel Salaries of the SMT are reviewed by the Board Development Subcommillee, which makes recommendations lo the Board. The salary of the Medical Director is broadly in line wlh Consultant pay scales operated within the NHS. Terms and conditions for the medical team will be overseen by the newly established Medical Workforce Working Group, which ￿pOrtS to the Clinical Services Subcommillee. As reported last year, members of the SMT are included in the pay structure used for all staff lexcepl the medical team), using an external Pay and Reward Consultant as required. This takes account of NHS pay

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 ranges for the evaluated band, provides conlribulion-based pay steps within the band and aims for the market median {rf not achievable now, then as a future ambilionl. Recrultment and appointment of Trustees The Board identifies Trustee vacancies based upon information from the Trustee skills audit, Subcommillee membership and Trustee succession planning. Recruilmenl follows an agreed pr(Kess of advertising and selection. All Trustees appointed since 2009 serve a maximum of nine years. No new Trustees were appointed during the year. One Trustee, Jeremy Beard, resigned. Graeme Dewhurst and Michael Bevis retired al the end of their terms of office. Induction and training of Trustee$ An agreed format for induction of new Trustees and co-opted Subcommittee members is followed, including sessions with key members of staff across the organisalion so Trustees understand how the Hospice works and the context in which il operates. This is supported by a pack of relevant information and mentoring by an established Trustee over the first year. Trustees attended many training courses and seminars and updates on relevant subjects, including events organised by Hospice UK. The Trustee training and development plan is updated annually and a record of training attended Is maintained. Group Structuro The Charity has two wholly owned subsidiaries- Sl Wilfrid's Hospice Trading Limited, a registered company in England and Vvales Iregistered company number 021051891. The company is principally engaged in the delivery of charity shop furniture and the retail sale of cards, gifts and accessories. Sl Wilfr5d's Hospice (South Coastl Projects Limited, a company registered In England and Wales Iregi51ered number 092538341. The company was principally engaged in the design and build of a new hospice, which was largely completed in 2019. Relationships with wider Interests and rolat8d parties Sl Wilfrid's Hospice is a member of Hospice UK, the national charity which exists lo support voluntary hospices and provide a campaigning voice for hoSpi￿S across the United Kingdom. Hospice UK has facilitated many opporlunilies for hospices lo learn about key issues Including the pandemic and the changes in the health and social care system and this has proved invaluable to both Trustees and SMT members. St Wilfrid's has clos& links in particular with the other hospices serving pgople in SussÈx and all mèmbèrs of the SMT meet with their counterparts in neighbouring hospices. As reported last year, the hospices in Sussex re¢ommenced their work51ream programme of collaboration. Progress this year has included.. Extension of the Project ECHO pilot superhub to create knowledge networks around palliative and end of life care IPEOLCI for care homes across Sussex The seven hospices funded a Project Manager, employed by Sl Wilfrid's Hospice, lo ensure that the goal of a formal sharing of the provision of external education can be achieved. The aim is lo develop our vision of a common external offer lo commissioners of a programme of education in palliative and end of life care lo the health and social care workforce and beyond, where appropriate Development and delivery of a bespoke management and leadership programme for managers across all seven hospices Work is ongoing lo benchmark core activity and develop common impact and outcome measures, linked lo the lesling of the new NHS Commissioning and Investment framework A parl-lime Programme Manager seconded by Sl Catherine's Hospice is being jointly funded lo coordinate these activities. We have also developed a strong visual identity 13

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Each hospi￿ reconfirmed the collaboration Memomndum of Understanding for a further ￿0-year period in November, and a9reed to redouble collective efforts on the workslreams identified. With the changes in NHS structures il is clear that collaborative initiatives in relation to service delivery efforts will be more appropriate at Place lie West Sussexl rather than Sussex wide. Work will continue lo progress these Inilialives and more opportunities will be developod in the year ahead. While each hospice holds fast lo ils local autonomy and identity, we recognise the benefit of working together lo make the most of our kno￿edge and resources in benefitting patients and families and enhancing our sustainabilrty. The fomial arrangement wlh respect lo IT support provision has continued with Sl Catherine's Hospice. The impact of this arrangement is monitored lo ensure both hospices are well supported from IT delivery and planning perspectives. Risk Management Formal reports are given lo the Board from all Subcommittee5 and the SMT ensures the Trustees are informed of any signrficant risks through wrillen reports lo the Board which are discussed al Board meetings. A Risk Register is maintained and Subcommittees assess existing risks and add any new ones lo the Register. The Trustees consider al each Board meeting if any new items need lo be added lo the Risk Register. The format of the Risk Register was reviewed during the year and a risk management framework is in development. The framework will sel out the process lo ensure that the Trustees focus on key corporate risks related lo achieving the Charity's strategy, whilst the SMT review the operational risks and escalate them as required lo the Board. The principal risks (scored 9 or above after control measures) were judged lo be.. Risk Collaboration with Sussex hospices does not succeed, becomes a hindran￿ lo Ilimelefficiencylcostl andlor undermines idenlilylreputalion of STWH Mltl ation Collaboration governance workstream continues lo meet with STWH Chair of Trijstees being one of the three Chairs on the group with all CEOS Reports lo each Board meeting on progress Ongoing Legacy annual income shortfall by more than 2010. Grfls in Wills Officer lo be recruited to manage & develop strategy. Gifts in Wills marketing plan to be implemented, including training of staff & volunteers. Review of current supporter journey lo develop stronger slewaTdship of our Gifts in Wills donorslpotenlial donors Utilities, supply or equipment becomes unavailable or costs outside of our control escalate lo over 1 OOA higher than the previous annual rale e.g. energy Inability to address an undedying deficit budget before reserves are below policy {£4.Sm} Contrac15, proactive planning, inventory control, collaboration. New fixed unil price contracts agreed for gas and electricity from 3019121 for two & three years Work with NHS system lo increase level of funding in the light of Tisk lo hospices of insufficient funding Work with collaboration as part of the ICS I Wesl Sussex Place Inabilrty lo recruivretain staff in key roles, negatively affecting the ability of the organisation to meet the needs of patients. their loved ones, staff, volunteers, cuslomers or supporters with high quality carelServi￿. Contribution based pay progression system is in place. links pay steps to contribution Action taken April 2022 10 address gap belween STWH and NHS pay rates Flexible working option5 and phased retirement processes are available People Director to lead development of workforce strategy 14

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES. REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Lack of diversity and inclusion in our workforcelvolunteer force- missed opportunities for expertise, knowledge an crealivily,. not fulfilling our Moral valueslrole in the community lo support and promote underserved communities, creating an organisalion that is not fit for the future and puls STWH reputation at risk. E, D+1 Steering Group is leading the implemenlalion of the agreed action plan Recruitment processes reviewed lo reduce risk of bias in process Staff and volunteer training lo be delivered to ensure everyone understands the need for change is vital next slep Clinical leads lo review dala on underserved communities and establish our current and required reac Board Development Subcommittee overseeing SMT SUc￿Ssion planning Steps taken to reduce risk of reli8nce on single person e.g. payToII. Collaborative options being reviewed al all limes. leadership capability at levels below SMT will be enhanced by the Leadership and Management development programme SMT members do not have adequate managemenuadminislralive support, ￿sUltIng in a lack of capacity to perform at a strategic level. Lack of succession planningloptions for SMT members or other key members of staff. Unable to meet clinical needs, demands of patients and provide safe quality care as a result of inadequate slaffinglresources andlor the abilf(y lo adequately monitor and manage workloads or Caseloads. Unplanned staff absence or a high vacancy factor. Poor utilisalion of resource5 and associated cost of more hours from extra hours, bank and agency staff Continue recruitment lo clinical vacancies, refining and altering establishment structures lo meet Ihe workloaé demand Working closely with HR team lo managing sickness absence with additional HR training for managers Provide resilience training for community and ward stsff lo help manage stress levels Work closely with other agencies lo ensure services are ulilised timely and correctly Working with the collaborative lo highlight lo the NHS on the impact of hospices, to ensure funding is available Monitor patient and loved ones feedback Cyber security incident., negative messaging, inability lo communicate effectively, being held lo ransom or other cyber threat. Potential for negative Communications given out in the name of STWH. Resulting in f1nancial, legal and re ulalional dama Lack of data or data analysis to base good robust decisions on. Resulting In a risk of poor decision making and a lack of strong directive to t8ke the or anisation. Complete 2022 NHS Toolkit Commence work lo obtain Cyber Essentials accreditslion Update Data Training for mandatory training Update backup system Work as part of the collaboration data group. planned work al Place will esiablish dear picture of future needs for our services

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW COVID-19 continued to have a financial irnpact in 2021122. The income generation activities for St Wilfrid's continued lo be affected. Activity on the inpatient unil and in the Community Services fluctuated as needs changed and the Living Well Centre remained Closed for the year with staff reeeployed Government support Was claimed when available, with a small amounl of income from the Covid Job Retention Scheme and Retail grants received for the first hair of April 2021 and NHS England funding continued, albeit at a reduced level. These events are reflected in the financial results for the year which show a surplus of £931 k12021 £1.21 m surplus). Key information for the group is summarised in the table below.. 2021-2022 2020-2021 TOTAL Income TOTAL Ex endilure Net surplus for the year Ibeforo Investmant alnsl losses Realised & unrealised gainslllossesl on investments & ro ert Net rnovement in funds 8.722,613 7,790,887 931.726 9,100,633 7.891,401 1,209.232 17981 1.135 930,928 1210.367 Balance Sheet Funds re resented b Fixed Assets Other funds Total Funds 14,496,889 8,829,425 23.326,314 14,915,926 7,479,460 22.395.386 There were a number of reasons for the overall decrease in income from £9.1 m lo £8.7m: Overall Central Government Income relalirig lo COVID-19 dropped from £2.789m in 2020121 to £890k in 202112022 a reduction of nearly £1.9m. The largest decrease related lo the reslricled grant income received from NHS England, organised by Hospice UK which reduced lo £766,385 in 202112022 from £2,235,323 in 202012021. The Trustees are grateful for this funding. No further funding is expected going forward. Government COVID Job Retention Scheme income was £9k12021.' £301 kl and retail grants £38k (2021.. £156kl. The Charity also received £76k worth of donated Personal Protective Equipmenl12021.. £96kl. All other income streams increased by £1.5m from 202012021. Legacy income for the year was £2.2m12021'. £1.7ml, an increase of £488k1280/.l on 2021. As mentioned eartier the Charity has carried out a Legacy Marketing Review and launched a new Gifts in Wills Fundraising strategy lo ensure this important source of income continues. The Trustees recognise Ihal legacy income can be volatile and this is reflected in the Reserves Policy (see Reserves below). The Trustees continue to monitor the level of legacies regularly. Excluding COVID related one-off funding sources, fundraising income remained unchanged compared lo last year at £1.4m with Lottery Income adding a further £400k. Retail perfomied extremely well with the shops reopening in April 2021, and sales increasing by over £1.25m from £930k in 20121 to £2.19m in 21122. Income from Charitable Activities remained al £1.5m. NHS income was again nearly £1.5m, including additional funding used lo increase capacity in the community and relieve Pressu￿ on the NHS. 16

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Overall expenditure decreased by just over £1 OOk11.2¥01. This consists of the following.. Charitable expenditure decreased by over £300k15.7°/ol. In general, although the Community team were very busy in 202112022 the number of patients cared for on the inpalienl unil was lower than 202012021 reducing costs including a signrficant decrease in staff costs. Overall Staff costs reduced by £164k partly due lo reduced activity and partly as the ChaTlty operated wth a number of staff vacancies. Fundraising costs increased by £29k13.7Wo) and included the return to face lo face events and work on the Grfls in Wills Strategy. Retail costs increased by £185k12021.' decrease £212kl as the shops re-opened for most of the year, this brought costs back lo just below pre-pandemic levels. The surplus for the year before investment gains and losses was £931,72612021'. £1,209,232). During the year the Charity made an unrealised loss on investments of £79812021 gain of £1,135). Overall, there was a decrease in investments of £798. Although Retail and Legacy income were considerably better than last year and other sources of income remained al similar levels lo last year the Charity was again reliant on additional COVID funding to reach 119 year end surplus. As mentioned in previou5 reports the Charity doe5 not receive sufficient ongoing NHS funding to support the needs of the organisation on an annual basis. The Trustees have agreed a deficit budget for 202212023 of over £900k. This is only possible in the short term due to two years of healthy surpluses and whilst the Charity is working to bring the annual revenue budget deficit to a more sustainable level. RESERVES The Trustees review the Reserves Policy annually and have updated the requirements in light of the Charity's current situation, with particular reference lo COVID-19 and the economic silualion. Total reserves at 31 March 2022 were £23.326m12021. £22.395m}. Designatgd funds £14.74m Fixed Asset Fund New Hospice £14.22m12021.' £14.53ml- Al 31 March 2022, the Hospice land and buildings had a net book value of £14.22m. In line with the Reserves Policy the Trustees have designated these funds. Fixed Asset Fund Other Assets £0.28m12021.' £0.38ml- Ai 31 March 2022 the other fixed assets had a net book value of £277k. In line with the Reserves Policy the Trustees have designated these funds Capital Maintenance Fund £200k12021.' £2(M)kl - In July 2019 the Charity moved into a new purpos&built Hospi￿ building. The Trustees are aware that they need to maintain a designated fund lo cover larger capital maintenance costs. 351h Anniversary Match Pot £43,830 The Trustees agreed to set up a new designated fund called 35th anniversary match funding. This fund hold5 funds received in 202112022 bul which will be released in lo reserves in 22123 during the 'Double the Difference, fundraising campaign. Unrostrictod General Funds The Charity's Reserves Policy provides for an aC￿PIable level of general unreslricled funds to ensure the long-lerm financial viability of the Charity. The Charity is largely reliant on voluntary income and these reserves are held lo meet any shortfall between anticipated Income and budgeted expenditure plus any unforeseen expenditure over 8 period of two years. Part of these reserves, the Operational Reserve, was increased from £715k lo £740k. The Operational Reserve is lo meet short-lemi working capital requirements, in line with the Reserves Policy. The level of free reserves al 31 March 2022 was £8.562m 12021: £7.261 m}. During the year the Trustees reviewed the areas of risk relating lo income and expenditure and calculated a new largel level for free reserves as an Operational Reserve of £740k plus a financial sustainability reserve of £4.968m, lolalling £5.708m. The Trustees recognise that the level of reserves al the year-end is £2.85m above the target level required by the policy. The Trustees consider this is reasonable In the light of a defiGIt budget for 202212023, the current budgetary forecas15 for future years and the general economic outlook.

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED TRUSTEES, REPORT (INCORPORATING THE STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2022 Restrlcted Funds At 31 March 2022, the Charity held £24k of funds reslricled by donors for specific purposes. Further detail is given in note 23 to the accounts. INVESTMENTS The revaluation of inveslments as al 31 March 2022 resulted in an unrealised loss of £798. Al 31 March 2022 inveslmenls were valued al £4,094 compared to £4.892 al March 2021. The remaining investments were monitored by the Finance Subcommillee during the year. GOING CONCERN Management accounts and cashflow forecasts are produced and reviewed by the Trustees regulady. These include different scenarios, modelling a number of possible financial situations, with options for future cost reductions and financing. Having reviewed these forecasts, the Trustees consider that there are no material uncertainties in the ability of the charity lo continue as a going concern. TRUSTEES, RESPONSIBILITIES The Trustees (who are also directors of Sl WiifrKI's Hospice (South Coastl Limited for the purposes of company lawl are responsible for preparing the Trustees. Report and the financial slalements in accordance with applicabSe law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Board of Trustees lo prepare financial statements for each financial year, which give a true and fair view of the siale of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company and group for that period. In preparing the financial slatemenls, the Board of Trustee5 is required lo.. select suitable accounting policies and then apply them consislenlly., observe the melhods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., stale whether UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial slalemenls., prepare the financial statements on the going concern basis unless il is inappropriate to p￿sume that the company will continue in business. The Board of Trustees is responsible for keeping proper aGGQUnting rE¢ordts, whi¢h di¥¢lot¢. with roa8on•bl accuracy al any lime. the financial position of the charitable company and enable it lo ensure that the financial slalemenls comply with the Companies Act 2006. 11 is also responsible for safeguarding the assets of the charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Board of Trustees is aware.. there is no relevant audit information of which the charitable company's auditor is unaware., and the Board of Trustees has takett all steps that they oughl lo have taken lo make themselves aware of any relevant audit information and lo establish that the auditor Is aware of that information. This report, which incorporates the Strategic Report, was approved by the Trustees on 14 Av Lr 2oL2 and signed on beha￿ of the board by.. Ms S Jerram Chair MrCJ Honorary Treasurer 18

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED Opinion We have audited the financial slalemenls of Sl Wilfrid's Hospice (South Coastl Limited I'lhe charitable companll and ils subsidiaries I'the group'l for the year ended 31 March 2022 which comprise the Consolidated Slalement of Financial Activities, Group Balance Sheet, Charity Balance Sheet, Consolidated Slalemenl of Cash Flows and notes lo the financial slatemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practi￿1. In our opinion the financial stslemenls.. give a true and fair view of the slate of the group's and the charitable company's affairs as at 31 March 2022 and of the group's income and expenditure, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in auordan¢e with International Standards on Auditing IUKI IISAS IUK}l and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant lo our audit of the financial stalemenls in the UK. including the FRC'S Elhical Standard, and we have fulfilled our other ethical responsibilities in accordance with these reqijiremenls. We believe that the auéil evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going Concern In auditing the financial slateThenls, we have concluded that the Trustees. use of the going concern basi5 of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast signrficanl doubl on the charitable company's or the group's ability to conlinue as a going concern for a period of at least twelve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the relevant sections of this report. Othor information The Tru51ees are responsible for the other infomialion contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements an our auditor's report thereon. Our opinion on the finanGial stat¢mEnt3 doo3 not Gover the other information and, except lo the exlenl otherwise explicitly staled in our report, we do not express any form of assurance condusion thereon. Our responsibility is lo read the other information and. in doing so, consider whether the other information is materially inconsislenl with the financial statements or i)ur kno¥￿edge obtained in the audit or otherwise appears lo be malerially misstated. If we identify such material inconsistencies or apparent material misslatemenls, we are required lo determine whether this gives rise lo a maleri41 misstalemenl in the financial slalemenls themselves. If, based on the work we have performed, we conclude that there is a material misslalemenl of this other information, we are required lo report that fact. We have nothing lo report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion based on the work undertaken in the course of our audit.. the information given In the Trustee5' report, which includes the Directors, report and the Strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial slalemenls,. and the Strategic report and the Directors, report included wthin the Trustees, report have been prepared in

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED accordance with applicable legal requirements. Matters on which we are required to report by exception In light of the knowledge and understanding of the group and charitable company and their environment obtained in the course of the audit, we have not Idenltfied material mi5slalements in the Strategic report or the Directors. report included within the Trustees, report. We have nothing lo report in respect of the following m8tters in relation lo which the Companies Act 2006 requires us to report lo you if, in our opinion.. adequate and proper accounting records have not been kept", or the financial slalemenls are not in agreement with the accounting records and returns,. or certain disclosures of Trustees, remuneration specified by law a￿ not made,. or we have not received all the information and explanations we require for our audit. R¢sponsibilitios of Trustees As explained more fully in the Trustees. responsibilities slalemenl sel out on page 18 the Trustees l¥vho are also the directors of the charitable company for the purposes of company lawl are reswnsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from rnalerial misslalement. whether due lo fraud or error. In preparing the financial slalemenls, the TTuslees are responsible for assessing the charitable company's ability to continue as a going concern. disclosing. as applicable, matters Telaled lo going concern and using the going concern basis of accounting unless the trustees either intend lo liquidate the charitable Gompany or to cease operations. or have no realistic alternative but to do so. Auditof s r•sponslbilltl¢$ for the audlt of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslatemenl, whether due lo fraud or error. and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee Ihal an aueil conducted in accordance wlh ISAS (UK} will always detect a material misstatement when il exists. Misstatements can arise from fraud or error and are Considered material if, individually or In the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of t￿se financial statements. Details of the exlenl lo which the audit was considered Capable of delecling irregularities, including fraud and non-compliance with laws and regulations are sel out below. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website al". www.frc.or .uklaudilorsres onsibililies. This description forms part of our auditor's report. Extent to which the audit was considered capable of detecting irregularities, inclurjing fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial slalemenls from irregularities, whether due lo fr8ud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks. inclu(Jing obtaining audit evidence sufficient and appropriate lo provide a basis for our opinion. We obtained an understanding of the legal and regulatory frameworks within which the charitable company and group operates, focusing on those lav4s and regulations that have a direct effect on the delerminalion of material amounts and disclosures in the financial statements. The laws and regulations we considered In this context were Ihe Companies Act 2006, the Charities Act 2011 logelher with the Charities SORP IFRS 102}. We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial slalemenl items. 20

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company's and the group's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company and the group for fraud. The laws and regulations we considered in this context were the CQC Regulations and General Data Protection Regulations.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be with the completeness and accuracy of income and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, and the Finance Committee about their own identification and assessment of the risks of irregularities, designing audit procedures over income, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body for our audit work, for this report, or for the opinions we have formed.

Guy Biggin Senior Statutory Auditor For and on behalf of

Crowe U.K. LLP Statutory Auditor Fourth Floor St James House St James Square Cheltenham GL50 3PR

Date: 31 August 2022

21

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITES (incorporating income and expenditure account) FOR THE YEAR ENDED 31 MARCH 2022 UnrestTiGted funds Restricted funds Total 2022 Total 2021 Restated Note INCOME FROM: Donation5 and Lega¢les Donations NHS England Grant Legacies 1,423,729 119,509 766,385 1.543,238 766,385 2,203,355 1,976.175 2,235,323 1, 775, 158 2.203.355 3,627.084 885.894 4.512.978 5,92fj,656 Charitable Activities Other Trading Activities Investments Other Income 1,540,320 2,645,535 3.815 17,731 2,234 1,558,051 2.647,769 3,815 1,551.170 1,378,839 3,968 240,000 Total Income 7.816,754 905,859 8,722,613 9,100,633 EXPENDITURE ON.. Raising Funds 9,10&11 2,597.947 6.650 2,604,597 2,389,803 Charitable Activities Inpatient Unit Community Services Education and Training 9,10&11 9.10&11 9, 10&11 2.557.497 1,506,063 229,440 797.520 95,463 307 3,355,017 1,601,526 229,747 3,621,212 7.645.523 234,863 Total costs of Charitablo Activities 4,293,000 893.290 5,186,290 5,501,598 Totsl Expenditure 6.890,947 899.940 7,790,887 7,891,401 Net income from operational acti¥ltle$ for the year 925.807 5.919 931.726 7.209.232 Net Ilossesygains on investments 17 1798} 17981 1.135 NET INCOMEIIEXPENDITUREI 92S.009 5,919 930,928 1,210,36T Tran$fers ￿￿¥¢•n funds 23 NET MOVEMENT IN FUNDS 925.009 5.919 930.928 1.210.367 RECONCILIATION OF FUNDS Total funds brought forward 23 22,377,326 18,060 22,395,386 21, 185,019 TOTAL FUNDS CARRIED FORWARD 23 23,302,335 23,979 23,326,314 22,395,380 The notes on pages 26 to 46 form part of these financial statements. 22

ST WILFRID'S HOSPICE {SOUTH COAST} LIMITED BALANCE SHEETS AS AT 31 MARCH 2022 Company number.. 01562110 Group Charlty Not 2022 2021 2022 2021 Flxed Asset$ Tangible fixed 8sstrls 16 14,496,889 14,915,926 14,496,889 14,915.926 Investments 17 4.094 4,892 4,097 4.895 14,500.983 14.920,818 14.500.986 14.920.821 Current Assets Stock Deblors Cash at bank and in hand 19 20 97 2,346,542 5,911,654 2,489,815 7.030.348 2,506,759 7,013,490 2,375,452 5,889,310 9,520,547 8,258.293 9.520.249 8.264.762 Liabilitres Creditors.. Amounts falling du8 Wthin one year 21 1695.2161 (783.725) 1688.1611 (787.330) Net Current Agset8 ,825,331 7,474,$68 8,832.088 7.477.432 Total Net Assets 23,326,314 22,395,386 23,333.074 22.398.253 The funds of the Charlty: Rèstrlct•d Income funds 23 23.979 18,060 23,979 18.060 Designated fund$ Capital Maintenance Fund 35th Anniversary Match pol Fixed Asset Fund- New Hospice Fixed Asset Fund- Other Assets 23 200,000 43.830 14.219.374 277.515 2(W,000 200,000 43,830 14,219.374 277,515 200,000 14,532.338 383,588 14.532.338 383.588 14,740,719 15,115,926 14,740.719 15,115,926 Operational ￿serVe General fund 740,000 7,821.616 715,OCIO 6.546,4CIO 740,000 7,828,376 775,(X)O 6,549,26T Totsl unrestriet•d funds 23 23,302,335 22,377.326 23,309,095 22,380,193 2312 TOTAL FUNDS 23,326.314 22.395.386 23,333,074 22,398,253 A separate Statement of Financial Activities and Income and Expenditure Account for the charity has not been presented because the charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. Sl Wilfrid's Hospice Isouth Coastl Limited made a surplus for the year of £934.821 12021.. Surplus £7,213,236). The financial slalements were approved and authorised for issue by the Board of Trustees on 24, August 2022 and were ￿gned on its behalf by.. MSSJ m (Chair) Mr C J Dicks onorary Treasurer) The notes on pages 2fj 10 46 form part of these finanaal statements. 23

ST WILFRID'S HOSPICE {SOUTH COAST) LIMITED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 Group Notes 2022 2021 Cashflows from operating actlvltlos: N•t cash provided by operating a¢tivitios 25 1,125,610 1,753,293 C•$h flows from investing activities: Dividends, interest and rent from Investments Remittance ol cash element of portfolio 3.815 4.480 21,286 Purchase of property. plant and equipmenl 10,731 Net rash (usèd in) investing activities 12,838 Change in ca$h and cash equivalents in the yoar 1 118.694 1.740.455 Cash and cash equivalents at the beginning of the year 26 5.911.654 4, 171, 199 Change in cash and ¢ash equivalents 1,118,694 1, 740,455 Cash and cash aquivalgnts at the end of tho year 26 7 030 348 5.911654 24

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTING POLICIES Sl Wilfrid's Hospice Isouth Coastl Limited is a private company limited by guarantee. registered in England and Wales with registration number 01562110, and a registered charity. number 281963. The registeod address of this entity and its subsidiaries is noted on the Company information page. The principal accounting policies adopted, judgements and key sources of estimation and uncertainly in the preparaiion of the financial statements are as follows.. Basis of preparation The consolidated financial sialemenls have been prepared in a¢¢ordan¢e with Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021, the Statement ol Recommended Practice for Charibes ISORP 20151 (Second Edition, effective 1 January 20191 and the Companies Act 2006 and Charities Act 2011. The Hospice meets the d8finition of a public entity under FRS 102. Assets and liabilits'es are inibally recognised at historical cost or transaction value unless otherwise slated in the relevant a￿OUntIng poli¢y notelsl. The Charity has also taken advantage of the exemption available to a qualifying entity in FRS 102 from the requirement to present a charity only cash flow statement and ￿rtain di￿105Ures about the charity's financial instruments. bl Going Concern The Board note the current business climate with rislng costs and an uncertain economic climate. Given the strength of the balan¢e sheet, including the level of cash held, the members of the Board believe that, while uncertainly exists, this does not pose a Tnaterial Un￿rtaInty that would cast doubt on the group's ability to continue as a goin9 concern. The Board, therefore, consider it appropriate for the accounts to be prepared on a going concern basis. Group Financial Statements The financial statements consolidate the results of the charity and its wholly owned subsidiaries Sl Wilfrid's Hospice Trading Limited and Sl Wilfrid's Hospice Isouth Coastl Projects Lbmiled on a line-by-line basls. Further details are provided In note 18. dl Fund Accounting The general fund comprises the accumulated surpluses ol the unrestricted income over expenditure, which are available for use in furtherance of the general obie¢lives of the charity at the discretion of the Trustees. Reslricled funds a￿ funds subject to specifi¢ Conditions imposed by donors. The purpose and use ol the reslri¢led funds are set out in the notes lo the accounts. Amounts unspent al the year-end are carried lorward In the balance sheet. To the extent that restri¢led funds are expended on capital items a transfer Is made bèwn unrestricted and reslri¢led reserves. Designated funds ale unrestricted funds earmarked by the Trustees for spending on specific items as set out in note 23. Income All income is included on the Statement of Finanelal Activities when the charity is entitled to income, receipt is probable, and the amount ¢an be quantified with reasonable accuracy. Incomè is recognised on a receivable basis. Provision is made for tsx re¢over8ble on in¢ome dunng the period. Income from donations and legacies are received by way of grants, donations. trusts and legacies and is included in full in the Statement of Financial Activities when re¢èivable. Income from gift aid lax reclaims is recognised for all donations made prior to the year end. where valid gift aid declarations are held. 25

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income {cont.I Rewgnition of legacy income is dependent on the type of legacy. with pecuniary legaciès re¢ognised when notificabon is received after grant of probate. and residuary legacies recognised when amounts are distribLJted or when the legacy is measurable e.g. on probate. estate a￿o￿nIS or confirrnation from solicitors (whichever is first and deemed lo be reliablel. Reversionary legacies ale not recognised during the lifetime of the original benefiaary under the will. The charity operates a cut-off period being a Pfactical mechanism lo allow preparation of the accounts. Should a notification be received before the year end bul not be quantifiable two months after the year end then the income, when measurable and Teceipl is probable, will be recognised in the following peri(Kl. Govemmenl Grant Inole 21 consists of The Local Reslriclion Support Grants and Covid Job Retention Income as follows.. The Local Restriclion Support Grants ILRSG Iclosedl Addenduffll were included when receivable. Please also refer lo note 2 £38,00212021.. £156,301). Covid Job Relenb"on Income has been included when ￿ceIVable In Government Grants Inote 21 and matched with Ihe month lo whlch il relates. Note 2 shows £9,20212021.. £300,885) NHS England Income has been inclLJded when re￿1vable and matched with the month to which il ielate5. It is shown as 8 Separate line of income (note 31. Other trading aclivib'es a￿ goods donated for sale through the charity's shops. Gifts received in kind for resale are recognised when the gift is sold using the sales value. Donated services or faciliiies are included in the Ststement of Financial Activities where the benefit to ihe charity is reasonably quantifiable and measurable. PPE donated as a result of the Covid pandemic has been recognised within the Slalement of Financial Activities where the amount is quanl'fiable and measurable. Note 2 sh¢)ws £78,37312021.' £96,8391. Business Interruption Insurance Claim. note 8 showing £nil12021.. £240,000), as a result ol lost income due lo the Covid pandemic was recognlsed on the Statement of Finanryal A¢bvilies when receivable and the amount of the claim was known. Expenditure Expenditure is re¢ognised once there is a legal or ¢onstructive obligation to Tnake a payment lo a third paty, il is probable that seltlement will be required and the amount of the obligation can be measured Teliably. All expenditure is a¢¢ounted for on an accrua15 basis Ljnder the following headings.. Costs of raising ftjnds comprises fundraising costs, retail costs and investment managgmonl fees. Costs of fundraising activities include the costs incurred in seeking donations, 9ranls and legacies. Retail Costs indude shop costs. All costs include their associated support costs. Expenditure on Charitable Aclivities incltjdes the costs of providing specialist palliative care and support, G()mmunity services and educational activities undertaken lo further the purposes of the charity and their associated support costs. Support costs are allocated to each of the activitie5 using the following bases.. Ilwr space. staff lirne and staff cost depending on the nature of the support costs, to best allocate the costs lo each allribulable heading. More detail is given in note 11 to the financial statements. Govemance costs are included within support costs and include costs such as the extemal aLJdit and all costs of complying wth constilulional and statutory requirements such as Board and Committee meetings. gl Volunt¢•rs The value of the services providèd by volunteers is not included in the Statement of Financial Activities. bul further detail of their contribution is included within the Trustees, Report in accordance with the SORP. h} Fixed As$8t$ All langible assets purGhased that have an expected useful economic lrfe that exceed5 one year are capitalised and classified as fixed asse15. however there is a capitalisalion threshold of £2,500 for all categories other than lease costs. DepreGialion is charged in full in the year of purchase. Tangible fixed assets are slated at historical cost less depreciation. Depreciation is provided on all tangible fixed assets 26

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 other than freehold land, al rates to write each asset down lo ils eskn"maled residual value over its expected useful life. as follows.. Freehold buildings Short leasehold Medical equipment Fixtures and fittings Motor vehicles Office and computer equipment 0.66Vo 2.5Q/o straight line in accordance with the lease 20 /D straight line 20 /0 siraighl line 250A slraighl line 20% 33% straight line Investments The majority of investments ale a form of basic financial instrument and are initially recognised al their Iransa¢lion value and subsequently measured al their fair value as al the balance sheet dale using the closing quoted market price, except for the shares in the subsidi8ries which are c8rried at cost. The Statement of Financial Acb"vib"es includes the net gains and losses arising on the revaluation and disposals throughout the year. All 9ains and losses are taken to the Slalement of Financial Activities as they aiise. Realised gains and losses on investments are calculated as the dIffe￿nCe belween the sales proceeds and their opening carrying value or their purchase value if acquired subsequent lo the first day ol the financial year. Unrealised gains and105ses are calculated as the difference be￿een the fair value al the year end and their ￿rrYIng value. Realised and unrealise(J investment gains and losses are combined in the Statement of Financial Actlvilies. Stock Stocks are valued at the lower of cost and nel reallsabla value. Donated items of slwk for fesale or distribution are not Included in the financial slalements until they are sold or distributed because the Trustees consider It impractical to be able lo assess the amount of donated stocks as there are no systems In place which record these items until they are sold and undertaking a stock take would incur undue cost for the charity which far outwelgh the benefits. kl Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. Cash at bank and in hand Cash al bank and in hand includes Cash. Creditors and provisions Creditors and provisions are re¢ognised where the charity has 8 present obligation resulting from a past event ihal will probably result in ihe transfer of funds to a third party and the amount due lo setue the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after allowing for any trade discounts du8. Employee benefits i) Short term benefrts Short term benefits Including holiday pay are recognised as an expense in the period in which the service is received. ITI) Employee terniination benefits Termination benefits are accounted for on an accrual basis and Sn Ilne wilh FRS 102. P¢nslons The charitable company operated two pension schemes during the year. Contributions payable for the year are charged to the Statement of Finanaal Acb'vilies as thèy arise. More details are given in nole 22. pl Operating Lea$•s Annual rentals paid under operating leases are chaTg8d lo the Statement of Financial Activities on a straight line basis over the lease lemi. Benefits received and receivable as an incentive to sign an operating lease are recognised on as straight line basis over the period of the lease for new agreements. 27

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ql Crltlcal accounting judgements and key s¢ur¢•$ of estlmatlon un¢ortainty Preparation of the financial slatÈm8nis requires management lo make significant judgements and eslifflales. The items in the financial statements where these judgefflents and estimates have been made include= Useful economic lives of tsngible assets The annual depreciation and amortisation charges for the langiblo assets are sensltive lo changes in the e51imaled useful economic lives and residual values of the assets. The usefLJI economic lives and residual values are amended when necessary lo rellecl current estimates and the physical condition of the assets. Impairrnent of debtors The group makes an esb'male of trade debtors and other debtors. When assessing the impairment of trade debtors and other debtors. management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experien￿. Accrued legacy income For non-pe¢uniary legacies, an estimate is made of the amount due to the charity based Dn the share of the estate as stated in the will. the value of the estsle (from probate or a statement of assets and liabilities) and external factors including the volatility of the property market, and thè stock market. An allowancè is also made for èxpected costs. Gift Aid Policy The subsidiaries pay all their taxable profits for the repo￿ng period to their parent charity under the gift aid scheme. These gift aid payments are recognised as dislribulions to owners in equity within retained earnings. The subsidiaries have applied the ex￿pIlon under paragraph 29.14A of FRS 102 which provides relief in respect of the accounting lor any tax charge arising on profits. This results in an overall nil charge for tax in the income statement. This exception is only appllcable as it is probable Ihat the gift aid payfnents will be made by the companies to the parent charity during the year or within 9 months ol the reporting date. Financial instruments Financial instruments are cla55ified and accounled for, according lo the substance of the contractual arrangement, as either financial assets. financial liabilities or equily instruments. An equity instrument is any contract that evidences a residual interest in the a556ts of the company after deducting all of its liabilities. Financial instruments include cash at bank, trade debtors. legacies receivable, accrLJed income from financial instruments (comprising dividends and interest due from investmenlsl. trade creditors and accrued expenditure. Financial instruments are initially recognised at transaction value and subsequently measure(I al Ihelr seluement value. 28

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 DONATIONS unrestrI￿8d Restrlcted funds funds Total 2022 Unrestricted Restrlcted funds funds Total 2021 Trusts 160,433 102,935 263.368 177,260 71,117 248,377 Donations and commiited giving Fundraising 648,607 16,574 665.181 683.071 25.262 T08.333 354,178 354.178 326,836 320,836 Government Grants 47,734 47.734 457,186 457.186 Gifts ol Pérsonal Protective Equipment Gift Aid recOVe￿d 76,373 7fj.373 96,389 96,389 136.404 136,404 138,048 l.(K)6 139.054 1,423,729 119,509 1,543.238 1.878,790 97,385 1,976,175 GoveTnment Grant include Covid Job Retention Scheme income of £9.20212021.' £300.8851 and Lo¢al Restri¢t6on Support Grants of £38,00212021'. £156.3011. Unrestricted Restricted funds funds Total Unrnstrict•d 2022 funds Rest￿cted funds Total 2021 NHS ENGLAND GRANT NHS England Grant 766,385 766,385 2.235,323 2.235,323 766,385 766,385 2.235,323 2,235.323 In 202112022 NHSE awarded funding to allow the hospice lo make available bed capacity and community support from December 21 to March 22 to provide support lo people with complex needs in the context ol the COVID-19 siluation and to provide be(J capacity and community support12021'. £2.235.323}. Unrèstrlctsd Restrlded funds fvnd5 TO1￿ Unrestrlcted 2022 fvnd$ Restricted funds Total 2021 LEGACIES Legacies 2,203,355 2,203.355 1,721,476 (8.318) 1,715.158 2.203,355 2,203,355 1,721,476 (6.318) 1.715.158 29

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 CHARITABLE ACTIVITIES Unrestrlcted Restricted funds funds Total Unrnstricted R•strict 2022 fund$ fund$ Total 2021 NHS funding including drug supply Education Medical insurance Other income 1,434.173 69,221 9,468 27,458 17,731 1,451,904 69,221 9,468 27,458 1,498, 154 34,772 14,976 3,268 1,498,154 34,772 14,976 3,268 1,540,320 17.731 1,558,051 1,551,170 1,551,170 OTHER TRADING ACTIVITIES Unrestrictod R•strlcted funds fun(Is Total Unr•strlcted Restrlcted 2022 funds fun(Is Total 2021 R•stat•d Retail income Support groups Raffles Lottery income 2.188,578 9.993 22,042 424.922 2,188.578 12.227 22.042 424,922 930,495 5,416 t6,027 422,856 930.495 9,461 16,027 422,856 2,234 4.045 2.645.535 2,234 2,647,769 1,374,794 4,045 1,378,839 INVESTMENTS Unr•stricted Restricted funds funds Total Unrestricted Réstricte 2022 funds funds Total 2021 Income from investmenls Bank interest 367 3,448 367 2.321 7.641 2.321 1,64T 3,815 3,815 3,968 3,968 OTHER INCOME Unrestrlcted R•strlcted funds funds Total Unrestrlcted Restricted 2022 funds funds Total 2021 Business Intèrruption Insurance 240,000 240,000 240,000 240.000 30

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 EXPENDITURE Unrestrictod Rostrlcted funds funds Total Unrestrfcted Restrlcted 2022 fvjnds fund5 Totsl 2021 Restatèd Raislng Funds Fundraising 813,350 4,604 817,954 785.722 2.930 T88,652 Retail 1,784.597 1,786,643 1.599,849 7.302 1,601,151 2.597.947 6,650 2.604,597 2.385.571 4,232 2,389,803 Charitable AGtivili•8 Inpabent Unit 2.557,497 797,520 3,355,017 2,334,003 1,287,209 3.621.212 Community SeNce 1,506,063 95,463 1,601,526 592.283 1,053,240 1.645.523 Education and Trainir¥J 229,440 307 229.747 234,863 234.863 4.293,000 893,290 5.186,290 3.161.149 2,340,449 5,501,598 10. ANALYSIS OF EXPENDITURE Dlrect costs Support Costs Total 2022 Direct ¢Q5ts Support costs Total 2021 Raising Fund8 FundrBigng 712,509 105,445 817,954 692,406 96,246 788,652 Retail 1,550.025 236.618 1,786,643 1,390,IT7 210,974 1,601,151 2,262,534 342,063 2,604,597 2,082,583 307.220 2,389,803 Charltabl• Actlvltles Inpatient Unit 3,081,560 273,457 3,355,017 3,317,369 303,843 3.621.212 CommLJnity Service 1.457.369 144.157 1.601.526 1.492.092 153.437 1.645.523 Education and Training 195,395 34,352 229,747 201,328 33.535 234,863 4.734.324 451.966 5,186,290 5,010.789 490.809 5,501,598 6.996,858 794,029 7,790,887 7,093.372 798,029 7,891,401 31

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 11. ANALYSIS OF SUPPORT COSTS Raising Funds Inpatient Communlty Education Unit SÈrvieÈs & Training Total 2022 Retail Govemance Finance 6,023 57,294 15.160 17,086 9,882 17,318 35,989 109,338 45,564 28,409 33,615 58,179 89,893 36,624 55.146 16,079 22.203 34,486 45,012 26,377 2,259 75,294 9,815 183.480 7,181 256,058 11,391 155,677 3,706 123.520 23/. 32% 20° 16% HR Management 105.445 236.618 273,457 144,157 34.352 794.029 100% Raising Funds Inpati¥nt Community Edueation Unit Sèrvices & Training Total 2021 Retail Govemance Finance HR 7,532 49.870 12.615 14,029 12,200 19, 770 31,522 85.589 42.088 32,025 44,133 54, 185 97,641 36,396 77,488 79.886 18,570 33,230 49.533 32,212 2,824 94, 145 7,518 161,665 8,094 237, 149 10,523 152,569 4.576 152,501 12° 20° 30% 19°A 19% Management 96,246 210,974 303,843 153,431 33,535 798,029 iooy. Governance Costs- These Indude the direct costs of running the Charity as a legal enlily such as Audil12022- £18.500, 2021- £18.7501. Legal. Professional and Consultancy Advice12022'. £4,571. 2021.. £2.1351 and Trustee Indemnity12022.' £1,791. 2021.. £1.5241. They also include a propthon of the cost ol Management Team lime ne￿Sary to lead the organisation. 12. NET INCOMEIIEXPENDITURE} Group Charity 2022 2021 2022 2021 Net incomel{expendi1u￿ l is stated after charging.. Auditor's remuneration Audit services Tax advisory services 18,500 1,175 20, 750 4,830 16,51X) 1,175 18,750 2,200 Operating lease rentals Land and buildings Office equipment Motor vehicles 317,291 14,159 22,181 311,570 13,885 25,671 317,291 14.159 22,181 31 1,570 13.885 25,671 Dep￿ciatIon 429.768 492,741 429,768 492, 747 32

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 13. STAFF COSTS 2022 Number 2021 Number The average monthly number of permanent employees during the year was.. Doctors Nursing staff Othef hospice staff Charity shops 86 55 51 98 55 48 199 20T 2022 2021 Ernployment costs in respect of the staff above were= Wages and salaries National insurance Pensions 4,315,717 337,018 384,610 4,478,046 331.561 391,439 5,037,345 5.201,046 Included in the above wages & salarfes figure for 2022 is £5,984 P021.. £6.182J of redundancy payments. due and paid in the year. The total etnployment costs (including employer's NIC) of the Charity Management Team were £495,567 12021.. £464.9291. The number of employees whose emoluments, excluding pensbon contributions, were over £60.000 during the year was.. 2022 Numb•r 2021 Number £60,001 10 £70,000 £70.001 to £80,000 £90,00110 £100,000 £1Th),001 10 £110,000 TRUSTEE REMUNERATION The Trustees did not receive any remuneration during the year12021.' nill. No Trustees received ￿1MbUrSed travel and subsislence costs during the ye8r12021". £nill. 15. TAXATION The charity is exempl from Corporation tax on ils Charitable aclivilies. 33

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 16. TANGIBLE FIXED ASSETS Fr•ehold Short le￿￿. Land and hold Property Fixtur8$ and fittings Office & Motor Computer vehicles equipment Mediral Equlpmgn Total Cost or valuation At 1 April 2021 Additions Disposal 15,143,861 66,017 173.255 682,744 4.881 45,770 269.862 16,381.509 5.850 10,731 Al 31 March 2022 15.143.861 66,017 173,255 687.625 45,770 275,712 16,392.240 Depreciation At 1 April 2021 Charge for the year Depreciation on Disposal 551.923 315,164 49,234 5,104 134,782 13,825 538.222 52,582 45,770 145,652 43,093 1,4e5.583 429,768 At 31 March 2022 867,087 54,338 148,607 s￿.804 45,770 188,745 1,895,351 Net book value At 31 March 2022 14,276,774 11.679 24,648 96.821 86.967 14.496.889 At 31 March 2021 74,591.938 16,783 38,473 144,522 124,210 14,915,926 17. INVESTMENTS Llsted Investments 2022 Total 2022 List&d Share in Investments Group 2022 Company 2022 Totsl 2022 1 April 2021 Additions Disposals at open market value Net Investrnent gainslllossesl 4,892 4.892 4,892 4,895 17981 17981 17981 17981 31 March 2022 4,094 4,094 4.094 4.097 34

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17. INVESTMENTS (continued) Group Cash & Sèttlements Ponding 2021 Listed Invèstmènts 2021 Total 2021 1 April 2019 Addllions Disposals Net investment gainslllossesl 3,757 4.480 8,237 14.4801 (4.4801 1.135 1.135 31 March 2020 4,892 4.892 Charlty Cash & Listed Settlements Investments Pending 2021 2021 Share in Group Company 2021 Total 2021 1 April 2019 Addib"ons Disposals Nel investment gainslllossesl 3.757 8.240 14,4801 14,4801 1.135 1,135 31 March 2020 4,892 4.895 Group Charity 2022 2021 2022 2021 Analys1$ of Invastments Listed investments al valuation 4.094 4,892 4,094 4.892 4,094 4.892 4,892 Shares in group undertakings at ¢o$t Sl Wilfrid's Hospice Trading Limited St Willrid's Hospice Isoulh Coastl Projects Limited Total inwstments 4,094 4.892 4,097 4.895 35

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17. INVESTMENTS l¢ontinuad} The Subsidiary undertakings included as an investment at the balance sheet date are.. - Name ofcompany Class of Shares Holding Nature of Business st Wilfrid's Hospice Trading Limited Ordinary 1000/0 Retail trade in new goods St Wilfrid's Hospice (South Coastl Projects Limited Ordinary 1000/0 New hospice development 2022 2021 Aggregate capital and reserves {6,7571 12,8641 18. SUBSIDIARY COMPANIES 18a. Trading Subsidiary The Hospice owns a sub&diary, St Wilfrid's Hospice Trading Limited (company number 021051891. RegiSte￿d in England and Wales. Registered Office.. Walton Lane, Bosham. West Sussex. Incorn* statèmènt 2022 2021 Turnover Cost of Sales 66,950 117,2891 36,104 (13, 136) Gross Profit Adminislralive expenses Profit before tax Gift Aid donated lo hospice 49.661 16,3321 43,329 143,3291 22,968 (6,247) 16,721 (16,721) Profit for thg financial year being the retslngd profrt 8alan¢e sheet 2022 2021 Assets 18,282 118,2581 12,827 (12.823) Not assèts Represent￿ by: Called up share capital Profit and Ios5 account 36

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18. SUBSIDIARY COMPANIES Icontinuedl 18b. Project Subsidiary The Hospice owns a subsidiary. Sl Wilfrid's Hospice Isouth Coastl Projects Limited Icompany Number.. 092538341. Registered in England and Wales. Registered Office.. Grosvenor Road, Chi¢hesler. West Sussex. Income statement 2022 2021 Tumover Cost of Salès 12,8411 f900J f300J Gross Io$s Administrative expenses 12.8411 1171 (1,200) (44) Operating lo$$ Interest payable 12,8581 11,0351 (1,244) (1.624) Loss before tax Tax on 105S 13,8931 (2,868) Lo$s aft•r tax 13,8931 (2.868) Balan¢e sheet 2022 2021 Assets 3,301 110,0621 161,768 (164,636) Net Liabilities 16.7611 (2,888) Represented by.. Capital Reserves 16,7621 (2,869) 16,7811 12,8681 19. STOCK Group 2022 Charity 2022 2021 2021 Bought in goods for resale 384 97 37

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 20. DEBTORS Group Charlty 2022 2021 2022 2021 Trade debtors Legacy debtors Other debtors Prepayments and a¢crued income (Med by group undertaking 56,024 1,490,665 150,060 793.066 169.243 965,000 153, 142 1,059. 157 52,424 1,490,665 149.338 793,066 21.266 169,243 965.000 751,981 1,059, 757 30.OT1 2.489,815 2,346,542 2,506,759 2.375.452 21. CREDITORS Group Charity 2022 2021 2022 2021 Trade creditors Taxation and social security Other creditors Pension creditor Acciuals and deferrèd income Owed to group undertaking 144,035 85.768 103,738 51,530 310,145 94,412 84,584 141.036 74.851 382,842 142,822 85.768 103,738 51,530 304,303 94,412 84.584 147,036 74,851 258.029 128.418 695.216 783,725 688,161 787.330 Induded within accrvals and deferred income lor the group and charity is deferred income of £33,305 12021.. £31,529) which represents NHS funding received relating to the following financial year. The arnount deferred al year end wlll be released in the year ended 31 March 2022 as the relevant service is provided. 22. PENSION COMMITMENTS The Charity operated fv40 pension schemes during the year on behalf of its employees. - NHS Pension SGheme - AEGON Group Pension Scheme Contrfbutions to each scheme are charged to thè Statemènt of Financial Activities as they arisè. The NHS Pansion ScheTh is an unfunded. defined benefit scheme that covers NHS employers, general practices and other bodies allowed under the direction of the Secretary of State in England and Wales. As Consequence, it is not possible for St Wilfrid's Hospi￿ lo identify its share of the assets and liabilities of the underlying scheme. NHS Resource Accounts are published on the NHS Pension website annually and include the report from the schemeacluary. Stwilfrid's Hospice adopts the employer contribution rates as rec¢Nnmended for ils employees. Al 31 March 2022 £27,859 was owed to the scheme in relation lo contnbutions lor the year12021.' £27,646). The hospice does not have any commitFnenl lo make good an actuarial deficit nor is it entitled to any benefit from surplus funding. The Aggon Group P•nslon Schomo is a defined contribution sch8ffl8. At the 31 March 2022, £23,672 was owed lo the Scheme in relation to contributions lor the year12021.. £47.20el. 38

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 23a. RESERVES At 1 April 2021 Transfers At31 and Gains March 2022 Income Expenditure Unrestrictod funds General General Funds Operational Reserve 6,546,400 715,000 7,816,754 16,471,910) 169.6281 25.000 7,821,616 740.000 7,261.400 7,816,754 16.471,9101 144.6281 8.561.616 DesFgnatèd Capital Maintenance Reserve Transition fund Fixed Asset Fund - New Hospice Fixed Asset Funds- other Assets 200,000 200,000 43,830 14.219.374 277,515 43,830 14.532.338 383,588 1312.9641 {106,0731 15,115,926 1419.0371 43.830 14,740,719 Total Unrestrictèd Funds 22.377.326 7.816,754 16.890.947> 17981 23,302,335 Restricted Funds New Hospice Project NHS England Capacity Granl Staff amenityfund Inpatient Unilequipment Inpatient Unit runningcosts 1,877 {421 {766,3851 1,835 766,385 2ts 390 1,315 410 11,3151 110,0001 12.4061 127.3361 7,000 144,5001 12631 110,5771 {1001 10,000 Medi¢81 Staff training Hospi¢e at Home Costs CMS Team Costs Community Team Costs Refurbishment of Physio & OTrooms Clinical Staff training Gym equipment Living Well Centre Costs St James. Place Grant- Breath Easy Project Rene & Ghislalne of Paris Hoaling Foundation Various Smallfunds 2,406 27,336 7,000 34,500 10,000 263 10,577 100 3,500 3.500 116.5fj61 117,8161 134,3821 3,190 1,008 20,000 1,412 110.0971 11.1281 13.093 1,292 18,060 905,859 1899,9401 23,979 22.395.386 8,722,613 17,790,887) 17981 23,326.314 Restricted Funds Charitable trusts have generou51y supported the community and inpatient 5eTvi¢es. In addition. trusts have contributed lo the farnily setvices team. a new afflbulan¢e ¢anopy and a new website. The St James, Pla￿ Grant lor the Breath Easy Project was completed and will be paid to the Charity once costs are confirmed and authorised. As last year. the largest restricted fund was the NHS England caparyty granl. details of which are set out under note 39

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Designatèd Funds The designated fund called the Fixed Asset Fund - New Hospice was maintsined during the year. The only activity on the fund being the depreciation for the year. The designated fund called the Fixed Asset Fund - other Assets was maintained during the year. The only acts'vily on the fund being the depreciation for the year. The Tiuslees agreed lo sel up a new designated fund ¢alled 35th anniversary match funding. This fund holds funds received in 202112022 but which will be released to reserves in 22123 during the 'Double the Difference, fundraistng campaign. Capital Maintenance Fund The Trustees are aware that the ongoing major maintenance of the hospice building will be a significant cost and have designated £200,000 to ensure the ¢harity has sufficient funds lo ffleet those costs. 23b. RESERVES PRIOR YEAR At 1 April 2020 Transfèrs At31 Income Expendltur• and Gains March 2021 Unrestrictod funds General General Funds Operational Reserve 4,870,559 6,592,065 {4,875,8401 690.000 140,3841 25,000 6,546,400 715,000 5,560.559 6.592.065 14,875,840) 115,3841 7.261.400 Deslgnated Capital Maintenance Reserve Fixed Asset Fund - Old Hospice Transition fund Fixed Asset Fund - New Hospice Fixed Asset Funds- other Assets 200,000 200,000 190,796 14.907.102 489,631 1190,7961 161,8001 73,7401 21,144 15.115.926 1312,9641 1179,7831 1492,7471 14,532,338 383,588 15,587,529 Total Unre$tricted Fund$ 21.148.088 6.$92,065 15,368,S871 5.760 22,377,326 Restricted Funds New Hospice Project NHS England Capaoty Grant Staff amenityfund Inpalienl Unllequipmenl Inpatient Unit runningcosts Other Ihan staff and administration 2,126 12491 2,235,323 12,235,323) 390 510 6,009 14,5701 24,700 124,7001 16,3181 117.9771 13,624) 132.175} 2,126 15101 4,501 13901 1,315 14,6251 24.295 Medical Staff training Hospice at Home Refurbishment of Physio & OT rooms ComplimentaryTheiapy Clinical Staff Training Gym Equipment Living Wdl Centre St James, Place Grant- Breath Easy Ren8 & Ghislaine of Paris Healing Various Small funds 6.030 2,406 32.175 263 170 8.11fJ 19,0071 263 {1701 12,5331 5,000 9,107 3,500 10,577 100 3,500 116.5661 3,190 1,008 116,566) 16.5101 17941 9,700 953 36.931 2,330,435 12,344,681} 14,6251 18,060 21.185.019 8.922,500 17,713,268)) 1.135 22,395.386 40

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 24. ANALYSIS OF NET ASSETS Group 24a 2022 Fixed asset Inv•stments Othèr net Assets Fixed a$$ets Total Gon•ral fund 4,094 8,557,522 8,561,616 Designated funds Capital Maintenance Fund 35th Anniversary Match pol Fixed Asset Fund - New Hospice Fixed Asset- Other Assets 200,(K>O 43,830 200.000 43,830 14,219,374 277,515 14,219,374 277,515 Totsl Designatad Funds 14.496.889 243.830 14.740,719 Restricted fvnds 23,979 23.979 14,496,889 4.094 8.825,331 23.326.314 Charity Fixed asset Investments Othgr net Assets Flxed assets Total General fund Designated funds Capital Maintenance Fund 35th Anniversary Match pol Fixed Asset Fund - New Hospi Fixed Asset- Other Assets 4,097 8,564,280 8,568,377 200,000 43,830 200,000 43,830 14,219,374 277,515 14,219.374 277.515 Total Designated Funds 14.496,889 243,830 14,740.719 R￿trICted funds 23,979 23,979 14,496,889 4,097 8,832,089 23,333,075 41

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 24. ANAL YSIS OF NET ASSETS Group 24b 2021 Fixed assat Invèstmerts Other net Assots Fixed a$￿ts Total General fund 4,892 7,256,508 7,261,4(X) Designated funds Fixed Asset Fund- New Hospice Fixed Asset- Other Assets 14,532,338 383,588 14.532.338 383.588 Total D¢$Ignat￿ Funds 14,915,926 200,000 15,115,926 Restricted funds 18.060 18.060 14,915,926 4,892 7,474,568 22,395.386 Charity Fixed ass8t Invostmonts Othèr net A55ets Fixed assèts Totsl Gènèral fund 4,892 7,259,375 7,264,267 Designatod funds Tran5a¢tion Fund Fixed Asset Fund - New H05pice Fixed Asset- Other Assets 200,000 200,0(K) 14,532,338 383,588 14.532,338 383,588 Total Deslgnatad Funds 14,915.926 200,000 15,115.926 R8Stricted funds 18,060 18,060 14.915.926 4.892 7.477.435 22.398.253 42

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 25. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES Group 2022 2021 Net income for the year 930,928 1.210.367 Adjuslmenls lor.. Depreciation of charges 429,768 492, 747 Lossesllgainsl on investrnenls Loss on disposal of Fixed Assets Dividends, interestfrom investmen15 (Decreasellincrease in slock InGrea5ellDecreasel in debtors ID6¢r63sel in (*edito 798 (t, 135) 9,346 (3.968J 4, 156 142.079 (100,299) 13,8151 12871 1143,2731 188.5091 1.125.610 1,753.293 Group 26. ANALYSIS OF CASH AND CASH EQUIVALENTS 2022 2021 Cash in hand 7,030.348 5,917.654 7.030.348 5,911.654 27. RELATED PARTY TRANSACTIONS During the year St Wiffrid's Hospice Trading Limited declared a gift aid payrrent of £43,32912021'. £16,721), lo St Wilfrid's Hgspice (South Coast} Limited, its parent company. At the year end £1.329 was outsiandin9 {2021. £711. Ursula Watt is a partner at George Ide LLP. a firrn of solicitors, and a trustee of the Charity. The Charity has paid George Ide LLP £1.381 12021.. £17,8521 for professional advice during the year. During the year George Ide LLP made donations of £5,31012021: £1.6251 lo the Charity. 43

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 28. FINANCIAL COMMITMENTS As at 31 March 2022 the company was ¢ommitted to making the followino payments under non-cancellable OP8ratlng leases-. 2022- Group and Charlty 2and5 <1 year y•ar$

5 years Total Land & Buildings Other 332,400 22,618 967,942 11,254 199.640 1,499,982 33,872 355.018 979.196 199,640 1,533,854 Land & Buildings Other 2021- Group and Charity 2andS <1 year years 5 years Total Land & Buildings Other 311,420 24,329 1,060,228 22,781 311,400 1.683,048 47,110 335.749 1,083,009 311,400 1,730,158 29. CAPITAL COMMITMENTS Al the yearend St Wilfrid's Hospice (South Coa511 Projects ￿Mited was contracted into capital commitments totalling £nil12021'. £55,000) for the build of the new hospice.

ST WILFRID'S HOSPICE (SOUTH COAST) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 30. COMPARATIVE STATEMENT OF FINANCIAL ACTlVtTIES Unrestricted funds Restricted funds Total R•$tsted 2021 INCOME FROM: Donations and Legacies Donations Legacies 1,878,790 1.721,476 97.385 16,3181 1,976,175 1,715,158 3,600,266 2,326,390 5,926,656 Charitablo Activities Other Trading Activities Investments Other In¢omo 1,551.170 1,374,794 3,968 240,000 1.551,170 1.378,839 3,968 240,000 4,045 Totsl Income 6,770,198 2,330,435 9,100.633 EXPENDITURE ON: Costs of Raising Fund$ 2,385,571 4.232 2.389,803 Charltablo Activities Inpatient Unil Comm(Jnity Services Educab'on and Training 2,334,003 592,283 234,863 1,287.209 1,053,240 3,621.212 1,645,523 234.863 Total costs of Charltablo Actlvitigs 3,161.149 2.340.449 5,501.598 Total Expenditure 5,546.720 2.344.681 7.891.401 Net incomèllèxpènditurel from operational a¢tiviti¢s for the yoar 1,223,478 114,2461 1,209,232 Net gains on investments 1,135 1,135 NET IN¢OMEI{EXPENDITUREI 1.224.613 {14,246) 1,210.367 Transfers between funds 4,625 14.6251 NET MOVEMENT IN FUNDS 1,229,238 118,8711 1.210.367 RECONCILIATION OF FUNDS Total funds brought forward 21,148.088 36.931 21,185,019 TOTAL FUNDS CARRIED FORWARD 22,377,326 18,060 22,395.386 45