2024-03-31-accounts

REGISTERED COMPANY NUMBER: 1627610 (England and Wale51 REGISTERED CHARifi NUMBER: 284701 Report of ihe Tru51ees and Flnancial Statements For The Yew End 31 March 2024 Salnt Catherfne'5 Hospke Trust Ingham & Co. Chartered A¢¢ountants Statutory Auditor George Stanley House 2 West Parade Road Scarboiough North Yorkshire Y012 SEO 1111111111 A09KASRV 15108r2024 CCWIPANIES HOUSE

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Salnt Catherfne's Trwke Trust Contents of the Flnanoal Statements For The Year Ended 31 Marth 2024 Pa8e Report of the Trustees Itoll Report of the Independent Auditors 12to14 Consolidated Statement of Finanoal Adi￿"tIeS 15 Balance Sheets 16 Consolidated Cash Flow Staiement 17 Note5 to the Financi31 Statements 18to32

Saknt Catherlne's Hospke Trust Report of the Trustees for ihe ye•r ended 31 Ma¢¢h Z024 The trustees who are also directors of the charity for the purposes of the Companie5 Act 2006, present their report with the consolldated finanaal statements ol the tharity and its subsidiarie5 for the year ended 31 March 2024. which are a150 prepared to meet the requirements for a group director'5 report and a¢¢ounts for Companies Act purposes. The trustees have adopied the provisions of A¢¢ouniing and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191. OBJEcfivES AND AcnviTIES Purpose and actlvltle5 The primary object of the Trust is to promote the ￿lIef of symptoms and enhance the wellbein8 of patients )nd their carer5 wilh specialsi palliative care and end ot life needs. The Trust meets this objective through its promotion and provision. where appropriate, of holistic care for patients with a life limiting Illness who are in need of specialisr palliative and end of life care. The Hospi¢e piovides consultant led specialist palliative and end of life care Services to those patients with a life limiting illness, regardless of diagnosis. referred in to our Care. The Hospire Serves a 1600 ￿uare mile area. wilh both inatient provision in Scarborou8h and a range of outpatient nd community service5. Scurborough based.. Purpose-built Hosprce opened in 1985. mown8 to tts current site in 2(X)4 providing specialist palliaiive care beds in single en-suite In-patient rooms. Our Wellbeing Centre allow5 patients to access the following services-. Assessment. renablement and optimising funrtion an(1 wellbeirg. through aC￿SS to a multi disciplinary team. Specialist Lymphoedema clinic. Specialist Palliative Cart Consultant outpatlent clinics. Input into 5pecia5i5t Neurolo8y Multi-Oi5ciplinary Team dinics. Complementary Therapy consultations and clinic5. Specialist Palliattve Care Social Work services. Ocojpational Therapy and Physiotherapy Servi￿. Carefs. Support. Breathlessness rnanagernent education prograrnme. Reiki for patient5 and carers. Bereavement Support kr¥i¢e for both chlldren and adults serving those with a connertion to Saint Catherine's. Pastoral Care. Specialist Palliative Care Counselling. Out of hours Pallcall telephone sVPPOrt service for patients. ¢arers and other healthcare professionals. Multi disoplinary Siudeni pla￿Ment. Nurse led beds providÉng end of life care for patienrs from Scarborough hospital. Page I

Saint Catherlne's Hospice TNst Report of the Trustees for the year ended 31 March 2024 OBJECTIVES AND ACTIVITIES Purpose and arti¥itie5 Community bosed.. Wellbeing Centre provlsion at our rnain site for patients across our whole geographical area. Domiciliary based Community Specialist Palliative Care provided by our Oini¢al Nurse Spe¢ialists. Community consultant access through domrciliary Visits or dinics. Consultant dlnic to Bridlington patients. Consultant clinics at Scarborough Hospital. Domi¢iliary Otcupational Therapy. physiotherapy and social work visits. ()omiciliary Bereavement Support visits. Consultant support to other healthcare professionals. Fast Track Home Care Service providing packages of Care tn a patients home in the S¢arborou8h arÈa. The main objectives for the ¢harity for the year have been to l¢)cus on expanding ¢ommunity Outreaeh programmes, Srnproving current enviionment and patient resources. improving patient core plans, and enhancing staff training. The charity has also been working hard to increase cornmunity awareness of hospice purpose and challenge pre-conceived perceptions. The charity continues with a pro8ramrne of on-site ifflprovements to enable the organi5aliun to be recognised as a community resource. as well as a provider of end of life care. The charity also continues to develop new technological innovation5 to support patient end of lile Care. Publlc Benefit The Board of Trustee5 are satisfied that they have complied with the duty in settion 17151 of the Charities Act 2011 to have regard io the Charsty Comrnis5ion 8uidance on public benefit in the provision of its actiwtie5. A review of the significant activities undertaken by the charity during the year to further its charitable purposes lor ihe public benefit is detailed below. Volunteers The Hospicè reliès heavily on the support of volunteers and currently has around 350 volunteers across all our service5, in our shops, helpin8 Out wilh fvndraislng and in our busrness support Servi￿$. The Board are incredibly grateful to all those who volunteer time for their commitment to the H05pi¢e and would like to empress their gfatitude and thanks to all our volunteer5. Volunteers remain a vital resource for Saint Catherine's helping to support our fundrai5in8 and shops throu8hout 2023-2024. STRATEGIC REPORT Achlevements and performanre Chorit<Jble octtvffties Saint Catherines, strategic intent 2024-2026 provides a dear focus for the continued development of the OTganisation. The new intent document locuse$ on three rnain intentions, and these include= Enhan¢e Patiènt Care and Experience, strengthèn Communlty Engagement and SLSPPOrt and Foster Oreanisational Sustainability and Growth. Each of these intents have key attions attached to each whi¢h will be reviewed over the neyt 2 years. The hospice's set of values and behaviouis are how we deliver our strategic intent. arKJ these are based on being EPIC which Stands for. Excellence, People centred. Integrity and Collaboration. Pa8È 2

Salnt Caiherfne's Hosplce Trusl Report of the Trustee5 forthe year ended JI M•rth 2024 STRATEGIC REPORT Achlevements and perforniance Charitoble octivities- continued The Hospice continues to rewew the delivery and development of all its service5 in light of the changes in the local health and Social economies. seeking to resportd to local plans and objectNes. in conjunction with needs analyses gathered by the Iniegrated Care Board I"ICB-l. During 2023-2024 we have been able to slowly develop new ways of delivering care and support through our Wellbwng Centre for patients and families. Our seryices received 2.252 referrals to provide specialst care and support. We had 205 admissions to the In-patient Unit with IS bein8 admissions from Scarborough Hospiial to Nurse Led Beds. Our Palliative Care Counsellin8 Team Made 1,176 coniacts to support clients, and the domicilary fast track care teams rnade 4,702 visits to patients in their own home5 and an additional 233 contacts. Our Community Palliative Care Clinical Nurse Specialists received 783 referrals which resulted in 6.620 conta¢ts. Our Therapies Team in total had 2.215 ¢onta¢rs wilh patFents. and our Social Workers provided 883 contact5 We tontirtued to work with the ICB to dèvelop and continually improve our services during 2023-2024. Saint Catherine's continue to deliver a Fasl Track Domiciltary Care seNice deliverin8 package5 of care to patients across our Scarborou8h area. The Hospice continues to play a role in the wider health¢are system by enBa8inB Wlth commissioner5 and lo¢al healthcare forums across North Yorkshire and Humber. The Executive Team Continues to engage with key local stakeholders. Feedback on ourchoritoble uctivitie5.' The Hospice has continued to deliver high quality care and service to our patients. families and clients. The Hospice receives feedback from patients. carers and professionals and through 2023-2024 we were told.. Patientslcarerslfamilies have said: To every single one of you. with a grateful thank you from the bottom of our hearts for the loving care of our Dad, and also the care you showed to US Wa5 unbelievable and very much appreeiated. We will never forget what you did for all of us and our Dad" "Sorne of life'5 most Carl￿ kind and truty wonderful people don't even realise the difference they make to the lives of others,. thank you for being your incredible selves.- "I would like to thank you all from the bottom of my heart for all the care given to my late husband, my son and myself. You all made a very difficult and upsettine time bearable and your kindness will never be fO￿oi[en. Please keep doing what you all do- you are amaiin8.- "l am so grateful for the support from all of you at the hospice. you don't get the reco8nition you deseThe. Even having this phone call means so much. I didn't expert it. but it shows you carè. So thank you. l am going to donate . cloihing to the shop and do a collection for Saint Catherine's at the service next week." 'Thank you so much for the ses5ion5 that we had- it really helped deal with things and io talk through how I wa5 feeling with someone neulral. I really ¥ppre¢iate th4$ being offered by St Caiherine's and thank5 $0 much for being so kind to me. l am very 6rateful for your adwce and help, and ovr farnily... will always think of the support that we had there very fondly. P3ge 3

Salnt Catherine's Hospice Trust Report of the Trustees for the year ended 31 Mar¢h 2024 STRATEGIC REPORT Achievements and performance Feedbuck on ourchoritoble otttvities- continued Professionals have said= "Thank you. I have worked with the best people and a team of CNSS that are unmatched anywhere else best hospice and SCH team $0 supportive of the projert. You make my job easyl l Take care." 'To the wonderfvl team at Sarnt Caiherine's. Nurses. HCAS. Doctors. Therapists, and everyone else. Massive thank you to everyone who helped me Brow and making me feel so wdtome during my time. Income generotion The Trustees evaluate the effectiveness of all income generation activities with reference to planned in¢ome and thè overall Incorne Generation and Marketing strategy through Board mÈetings. The Finance Director and Chief Executive provide reports to the Board to show financial income and performance. Mana8ement Accounts are prepared monthly to show results against budget and prior year. The Hospice recognises the crucial importance of all its income generation activities. The Hospice has established a rèlationship and continues to work with Humber and North Yorkshire ICB. to continue contracted activity bringing in commissioned income. The Hospice continues to review the performance of all inttsme 8Ènèration activilies. to ensure the services remain as effective al￿ efficieni as p0$5ible. The Hospice remains incredibly grateful to all it5 5UPPOrters nd donors and recognises the challenges faced by our communities in the continuing e¢onomi¢ climate. Fundroi5ing ond compliunce The Hospi￿ is registered with the Fundraising Regulator and continues to rewew the legal requirement5 and best practice 8uidance for all income generation activitie5. to ensure all practices and ethics meet the required standards and vulnerable persons and other members of the public are protected. The Trustee5 receive formal updates on any matters of concern in the form of regular CEO updates and papers to Board. The Hospice delivers its own fundraising activities directfy and also has volunteers and 5UPPOrters who fundraise on our behalf. Our fundfaislng team provide guidance and 5UPPQrt to assist staff. volunteers and supporters in their fundraising activitie5. The Hospice does not undertake any cold-call canva55ing for the Lottery and no other cold-call approach 15 undertaken in any income generation a￿l￿ty. The Hospi￿ does not use any professional fundraisers respect of any income generation activity. Saint Catherine's H05pice Lottery Limited utilises the semces of an external lottery manager to rnanage and promote our weekly lottery draw. The lottery manager, Sterling Lotterles. is li¢ented and regulated by the Gambling Commission as a Non-Rernote and Remote External Lottery Provider. The Hospice continuously reviews its inforniation g￿ernance and security and Continues to achieve the required Standards for the Data Security and Protection toolkit I'DSP'I in 2023-2024. as required by the NHS and the CQC. Page 4

Salnt Catheflne's H05plce Trust Report of the Trus¢ees forthe year ended 31 Marth 2024 STRATEGIC REPORT Achievemènts and performance Inve5tmentperformonce The Charity has an agreed investment policy with its investment managers based on the reguirements fiom the portfolio; to provide a high level of in¢ome and a capital bufler in ¢ase of a shortfall in funding-income.. to accommodate the level of risk the Trusiees are prepared to accept.. to lake account of the timescale over whtch the inveslments are expected to be held. Based on the consideration of these factors the investrnent benchmark aEreed for the portfolio with the investment managers is.. 36% FTSE All Share- 36% FTSE World Excl. UK.. 13% FTA British Government Fixed All Stock5,. 9% Bank of En6land Base Rate 1+2%).. 5% IPD Monthly- and 1% 8ank of England Base Rate l-0.S%1. Thi5 represents a Sirategic asset allocation of= a targei of 72% Irange 45-75%) in Equitles with a SOISO split between UK and Overseas .' target of 13% Ifange 10-35%) in Ftxed Interest- target of 9x12.5-20%) in Infr35tru¢tuie.' targei of 5%10- 12.5%) in Property. and a target 1% 10-20%) in Cash. This allocaiion maintains the Hospice's 5-10 year horizon ol medium to long-term investment with a Medium risk profile and Balanced investment objective. The Trustees understand that over the long term this agreed format will allow the capltal ¥alue of the portfolio to be at least retained in real terms and will generate a Bood level of income to support the hospice. The Trustees a150 understand that investments do not rnove in a linear fashion and there will be individual years. and periods perhap5 in excess of a year. when the portfolio value may fall. However they also understand that, based on historical returns. equity investment is necessory if the value of both the capital value of the fvnd arTrd income is to maintain its purchasin8 power when compared with inflation. Saint Catherine's year to 31st March 2024 saw the Hospice's portfolio rebound from the prÈvious 12 months as the sirength of equily markets drove capital values higher. At 1st April 2023 the portfolio was valued at £4.115rn, increasin8 to £4.864rn at 315t Mafch 2024 a5 a result of both stron8 capital growth in the inve5trnents held a5 well as further funds being transferred into thÈ portlolio. The portfolio continues to be managed for long temi gr0￿h in both its capital value and the level of income It can 8enerate. For 2024 the portfolio's total return was +9.3% compared to the benchrnark's +11.8%- the three year cumulative return shows +9.9% compared to the ben¢hmarVs +20.9%. In 2023-24 the Hospice received £132,386 income from its investment portfolio. The trustees are di5appoinied with the portfolio's perforrnan¢e compared to the benchmark and a review is Ur￿erwOY. With inflation and interest rates hawng peaked over the past year. markets are becoming more optimislic about the start of an interest rate cutting cyde and the backdrop of this should be 5UPPOrtive for investment markets. Economic growth remains challenging and whilst equity markets have produ¢e<l strong growth over the past 12 months, much of this has been led by a small Dumber of large companies e¥posed to the Artificial Intelli8en¢e theme. If corporate earnings 8rowih starts to slow ihen equity markets could come under pressure, particularly some of the rnore hi8hly valued parts of the stock market but in¥e5tors remain cautiously optimistic in the short term. Appreciat￿n The Board again expresses its Jppre¢iation of all who work $0 Benerous￿ for Saint Catherine's. senior management, staff and volunteers. Their united efforts make possible the delNery of care to our patien15 at the highest level of quality and the continuin8 Outreach of knowledge and expertise in specialist palliative care to the wider constiluenry. Finonciolposition The overall opèrating defi¢it for the restrirted and unre5trirted lund. a5 detailed in the financial staiements described a5 "Net expenditure" was £326.30212023- surplus £325.4941. A breakdown of the income and expenditure of the Charity and its subsidiarie5 15 8iven in the Con501tdated Statement of Financial Activities and associated note5. Page S

Salnt Catherfne's Hospicè Trust Report of ihe Trustees for the year ended 31 March 2024 STRATEGIC REPORT Achièvtmènts and performance FintinciolpO51t￿￿ continued At 31 March 2024 the Group had Net Current Assets of £1.555.112 12023 - £2.843.7141 and overall Net Assets of £11.407.47112023- £11,733,773). The Group's unre5tflCted fund5 totalled £11.284.01612023- £11.601.5121 and were represented by tangible fixed assets of E4.846,94712023 - £4.597.8081. investments of £4.944,038120232 - E4.195,3641 and unrestricted net ¢urrent assets of £1.493.03112023 - £2.808.3401. The Group's restriued funds totalled £123.455 12023 - £132.2611 and were represented by tangible fsxed assets of £61.374 and net current assets of £62,081. Principolfvnding sources The Charity'5 principal funding sources are shown in the Consolidated Statement of Financial Attivities on page IS of the firtancial staiements. The main funding 50urce5 for the Hospice in 2023-2024 continue to be le8acies, voluntary donations, lottery and Contract income from the ICB. The Trustees anticipate that in¢ome generation in the coming year will be affected by the continued econornic pre$5ures and global uises. and will continually monitor the situation through reBular financial reporting and review. The Trustee5 undertake financial modelling to continue to review actions required. The delivery of the Board's StratÈgi¢ Intent continues to include the focus on continuou5 irnprovement to ensure the efficient and effective use of all our resources for the benefit of our patients. families and carers. Investment policy und objectives The articles of association authorise the Trustees to make and hold investments using the general fvnds of the charlty. The Board èngages appropriate professional athce in the choice and movement of investments. With the approval of the Charity Commi55ion, the Board continues to delegate responsibility for the investment portfolio management to Rathbones. The Board reviewed the "Statement of Invèstment Principles" produced in accordance with the Trustee Act 20CQ, and è8reed to maintain this as ihe organisation's statement. The main investment policy objectives were aimed at maintaining Capltal value whilst mèeting a iarget income figure as a minimum but also aim to build reserves if possib￿. Thè Hospice continues with its ethical policy of rH)t investing in anv tobacco related eauities. Reseryes policy The reserve5 policy is rnonitofed and reviewed annually by the Board of Trustee5. The policy on reserves was revlewed and the Trustees a8reed to stay with the fom)ula of trying to build free reserve levels back to one year's running ¢osts after taking into account EuaTanteed income, whilst at the same lime looking to fund organisational development. The Trustees re¢o8nise the importance of using free reserves to help ensure continuity in the event of any large variation in income, any emer8ency finan¢ial demands. bridge any cash flow problems. pay for any future projects and to help generate income. The current level of free reserves allows the Trustee5 to cover these potential demands. The HOSPI￿ currently has free resèrves of É5.765.540, which equates to 11 months running c05t5 for 2023-24. Going concern The Charltable company relies upon furhdin8 from vduntary donations. legacies and funding from the IC8, whi¢h all contain a degree of uncertainty, however the Trustees consider that the charitable company has sufficient resources to continue in existence for the foreseeable futu￿. Page 6

Salnt Cathefine's Hospice Trust Report of the Trustees forthe year ended 31 March 2024 sfRATEGIC REPORT PrlncSpal risks and un¢enalntles The Trusiees Consider that the prinupal risks and uncertainties faced by the charitable company and Its subsidiarles are as lollows: the Hospice's relian￿ on the generosity of the local communtty in prO￿dIng donations. fundraising support and income and legacies. the re¢ruitment and retention of nursin8 and medical professionals in the current healthcare environment. and the rnainienan¢e of Government fundin8 for hospices for the long-term. and the continued impact of the creation Integrated Care Boards Irom 1st July 2022. the on8oin8 recovery for our shops income in 2024-2025. Plans for future perfod5 Our main objectives will remain a5: l. Maintain Saint Catherine's Gire Quality Commission rating as 'Good' or 'Outstanding' by safely deliverin8 to patients. carers. and farnilie5 an appropriate range and qualily ol integrated core Services, which aTe stiuetured to provide easily accessible. responsive. and scalable holF5tic person<entrÈd ¢are. 2. Deliver Saint Githerine's care and svpport through an integrated employee and ¥olunteer workforce of empowered people. Attrart and retain people by offering attractive salary and benefits. which Includes developing and investing in people throu8h ongoing iraining and education. Offer a variety of high quality and flexibility opportunitie5 for volunteers which demonstrates the unique valve and poiential for our volunteer role. 3. Malnialn Salnt Catherlne's Specialist Palliative and End of Life Care focus, whith is underpinned by a culture of leafnin8 and continuou5 improvement, tQBether with a stron8 research capability. Use the outcome5 of applitable research and external best Practi￿ to support continuous improvement. innovation and development of the core services provided to patients. CaTer5. arhd families. 4. Utilise and develop information technology and electronic records and systems throughout Saint Catherine's to always ensure regulatory compliance. ensure good quality and robust data management. and maxirnise the efficient and effeaive use of all resources. S. Maintain a sustainable level of total expenditure for Saint Catherine's. through a culture of continuous improvement and with effective and efficieni use of resources across all departments. IncludinB development of environmentally sustainable wavs of workinR. 6. Ensure Saint Catherine's maintains a visitAe profile and a highly respected reputation in all the local. regional and national communities for whom we deliver care and support. We continue to work towards demon5tratin8 the impact of the work we do and evaluatin8 the Integrated Palliative Care Services. The board of Trustees in conjunctlon with ihe Ofganisations executive team will ensure the delivery of the new Board 5trate8ic intent 2024-2026. The board will work to ensure that the H05pice remains 'fit for purpose, and remains on secure financial f04Trndation. Page 7

Salnt Catherlne's Hospice Tlurt Report of the Trustees for the year ended 31 March 2024 STRUCTURE. GOVERNANCE ANO WINAGEMEIIT Governlng document The Trust is a company without share capital. governed by its memorandum and articles of association. incorporated on 7 April 1982. Recruitment and appolntmeTrt of new trustees The appointment and election of Trustees are governed by the articles of association. Under those artide5 one third of the Trustee5 are subjed io retirement at ea¢h annual general meeting and are eligible for re-ele¢titsn. This year Debbie Westmoreland and Louise Holbrook resigned as Trustees and Malcolm Chell retlfed. New Trustees are eligible for ele￿iOn by recommendation of the existing frustees or by written noticè from a member. An external gency has been en6a8ed to conduct the recruiting of new Tru5tee5. Or8anSsational stryrture The organisational strurture of the Trust is made up of an Executive Committee. known as the Bo•rd of Trustees. of up to fifteen Trustees who are recruited from the wider body of members of the Trust which currerbtly number 31. All Board members are elecled lor a period of three years after which time they ¢an put their narne forward lor re.election at the AGM il they so wish. The total number of years that a Trustee can normally seNe is nine years. Saint Catherine's H05pice Trust ha5 two wholly owned trading syb5tdiaries. Scarborough Hospice Sales Limited and Saint Catherine's Hospice Lottery Limited, both incorporated in England and Wales. Thè dirertors ol the subsidiaries are also Trustees of the charity. Decision makSng The Board of Trustee5. which is attended by the Board members and the Chief Exècutive, Clinical Services Director, Medical Director. Finance Director. and Quality and Safety Lead. meet every two months. Inductlon and tra5ninE ol new trustees A Role Description ond Person Specificalion for the role of Trustee has been drawn up and all Trustees are required to sign up to a Trustee code of conduct. an eligilylity statement declarin8 they are a fit and proper person to undèrtake the role ol a trustÈe and a separate confidentiality statement. Additional￿. Trustee5 are DB5 checked and checks are made at Companies House to ensure Trustee5 are not disqualified as being Dire￿orS. New Trustees will be invited to spend a day at the Hospice to see all the facilitie5 and meet staff and will be provided with guidance on the roles and responsibilities of Hospice Truslees vsing guidance produced nationally by H05piceUK and the CharÉty Commission. In addition to the Board meetings the Trustees take part in an annual away day with senior staff and are invited to attend other information event5 such as the volunteer5 forum. The 8oard a150 undertake regular announced vtSits. An external agency has been appointed to conduct a Trustee trainin8 programe for all current Trustees. Senior management remuneratlon The rernunèration of the senior management team is rewewed as wuired by the Board ol Trustees in line with staff pay review5. Relationshlps The Hospice continue5 to encourage its senior pers¢)nnd to participate in the actiwties of the various professional organisations available to them. Each of the multi-disciplinary functions meets with it5 peers in other Hospi¢es acro55 Yorkshire and the Humber. which includes CEO Forums and Executive Clinical leads rn Hosplce and Palliative Care Forum. Palliative and EOL North Yorkshire and York locality rneetin& Regional Strategic Clinical Leads Meeting. National Regional Clinical Leads Meetin8 ICS Board meeting and Community CollaboratNe aoard Meetin8 The work ol the Palliative and End of Lrfe Care Clinical Network. HospiteUK and the Forum of Hospice Chairpersons at both regional and national level, is supported. Saint Catherine's continues its membefshlp of and engagment wlth a collaborative for the 7 hospices across the Humber and North Yorkshire Health and Care Partnership. Page 8

Salni Catherime's HospSce Trust Report of thE Trustees for the year ended 31 March 2024 STRucfuRE. GOVERNANCE AIID MANAGEMENT Relatlonshlps- contlnued Regular contact and liaison is maintained both wtth the purchasers and fellow provTrders of health care in the regiort covered by the Hosp4¢e. and we remain committed to a policy of collaboration. cooperation, and partnership. Related partles None of ihe Trustees receive rèmuneration or any oiher benefit from the charity. The Trustees are required to submit annual related party foms to the charity detailing their family connections and external business interests. Thè tharity's wholly owned 5ub5idiaries, Scarborough Ho5pi¢e S•les Limited and Saint Catherine's H05pice Lottery Limited trade on behalf of the charity. The results ol the individual 5ubsidiarie5 are detailed in note 13 to the financial statements. The financial statements consolidate the results of the charitable company and both 5ub5i(liarie5. Rlsk management The Trustees acknowledge their responsibility in identi￿.n￿ major risks to which the Hospice may be exposed and have a formal process of risk management. The major flsks to which the tharity is exposed. as IdeniifTred by the Trustee5. have been reviewed throu8h the day to day Executive Team activities, and 5VStems have been established to mitl8ate those risks. The risk identification process for non financial risk is undertaken initially by the Chief Executive in conjunction with the profe55ional managers of the Executive Team. As areas of risk are identified. Ihey afe reviewed initially by the Executive Team. and may then be referred to the Board throu8h fourni8htly update5 from the CEO for consideraliorb. or directly to a Board Meetin8. A decision on appropriate action will then be made by Trustees. In respect of financial rtsk, the trustees identify major risk ihrough constderation at the Board which 15 atten¢Jed by trustees who Snclude some who are either professionally qualified in finance or experienced in handling financial matters as part of iheir professions. Data protertion has been confirmed by the su¢¢essfvl completion of NHS Data and Security Prevention Toolkit. The 8oard and senior management re8ularty rewew the or8anisation5 safe8uardin& health and safety. and risk management policies. procedures. 5ysiems and processes. Page 9

Saint Catherine's Hospice Trusl Report of ihe Trustee5 lor the year ended 31 Marth 2024 REFERENCE AND ADMINISTRATIVE DEfAILS Reglstered Company number 1627610 (England and Wales) ReBistered Charity number 284701 Registered office Throxenby Lane Scarborough North YtsrkshirÈ Y012 5RE Trustees M Middlebrook Ichairl J Stevenson IDeputy Chairl M Chell L Holbrook D Lumb Sjmudd S Standard-sheader D Westmoreland S ClippÈrton - resigned 20 November 2023 - resigned l March 2024 - resigned 26 Au8U5t 2023 Company Se¢retary R Baird Exe¢utive Team R Baird (Chief Exe¢ulivel R Bellerby M Muir S Callin A Skelton Audltors InEham & Co. Chartered Accountants Statutory Auditor George Stanley House 2 West Paiade Road Scarborough North Yorkshire Y012 SED 8ankers HS8C Bank PLC 33 St Nicholas Street Scarborough YOII 2HN Solicltors Thorpe & Co. 3 Bogdale Whitbv Y021 IQL Page 10

Saint Cathern￿'S Hospice Trnst Report of the Trustee5 for the year endetl 31 Marth 2024 REFERENCE AND AOMIN15TRATIVE O￿AlL5- ¢ontlnued In¥estment advisers Raihbones 2 Gresham Street London EC2V 7QN STATEMENT OF TRUSTEES, RESPONSIBIUTIES The trustees (who are a150 the directors of $8irtt Catherine's Hospi￿ Trust for the purposes of company lawl are responsible for preparinB the Report of the Trusiees and ihe financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice). Company law requires the trustees io prepare financial staternents for each financial year which give a true and fair view of the stale of affair5 of the Charitable company and of the incoming resource5 and application of resources. including the income and expenditure. of the charitable cornpany for that period. In preparin8 those financial 5tatement5, the tru5tee5 are required to select suitable accounting policies and then apply them con￿Stentty: observe the methods and principles in the Charity SORP- make judgements and estimates that are reasonable and prudent- slate whethei applicable accounting standaids have been followed. subieci to any material departures disclosed and explained in the financial staternents.. prepare the financial statements on ihe going concern basis unless it is inappropriate to presume that the charitable company will continue in bu￿neSs. The trustees are responsible for keeping adequate accounting records which disclose wilh rea50nablè accuracy at anv time the financial position of the charitable company and to enable them to ensure that the financial Statements comply with ihe Companies Act 2006. They are also responsiblè for safeguarding the assets of the charitable company and hence for takin8 reasonable steps for the prevention and detection of frau(l and other irregularities. In so far as Ihe trustees are aware: there 15 no relevant audit information of which the tharitable company's auditors are unaware- and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit Information and to establish that the auditors are aware of ihat informaiion. AUDITORS The auditors. Ingham & Co.. will be proposed for r&appointment at the forthcoming Annual General Meeting. The Rèpoft of the trustees, which incorporates a strategic report, was approved by order of the board of trustee5, as the company directors, on IS July 2024 and signed on the board's behalf by= M Middlebrook Chairman of Trustees Page 11

Report of the Independent Auditors to the Members of Saint Catherine'5 H05pi¢e Trust Oplnlon We have audited the finanaal statements of Saint Catherine's Hospice Trust Ithe 'charitable pa￿nt company'l and its subsidiariès (the 'group'l for the year ended 31 March 2024 which tomprise the ¢on501idated Statement of Financial Activities, the consolidated and charitable parent company Balance Sheets, the consolidated Cash Flow Statement and notes to the finaneial statements, including a summ•ry of signifrcant attounting policies. The finan¢ial reporting framework that has been applied in thèir preparation is applicable law and United Kingdom AccountinB Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (united Kingdorn Generally Accepted Accountin8 Prarti¢el. In our oplnlon the finandal statements: give a true and fair view of the state of the group and charitable parent company's affairs as at 31 March 2024 and of its incoming resource5 and application of resources, including its incorne and expenditure, for the year then ended.. have been prO￿rIV prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prePa￿d in accordance with the requirements of the Companies A¢1 2006. Basis for opinloh We conducted our audit in accordan￿ with International Standards on Auditing IUKI IISAS IUKII and applicable law. OLtr responsibilities under those standards are further describ￿ in thè Auditors re5ptsnsibilities for the audit of the financial staiements section of our report. We are independent of the group and charitable parent company in accordance with the ethical requirernenis that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical respon5ibilitie5 in a¢¢ordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. CondLtrslons rèlating to golng concern In audltiThg the financlal statement5, we have concluded that the trustees, use of the goin8 concern basis of accounting in the pleparation of the financial statements 1$ appropriaie. 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 significant doubt on the group and parent charitable tompany's ability to continue as a eoing ¢on¢ern for a ptriod of at least twelve months from when the financial Statements afe authorised for issue. Our responsibilities and the fesponsibilitles of the trustees with respect to going concern are described in the relevant section5 of this report. Othèr information The tfUStee5 are responsible for the other inforniation. The other information comprises the information included in the nnual report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other infomiation and. except to the extent otherwise Éxplicitly stated in our report. we do not express any form ol assurance condusion thereon. In connection with our audii of the finanoal Statements. our responsibility is to read the other information and. In dolng so, consider whether the other information is materially inwnsi5tent with the financial statements or our knowledge Obtained in the audit or oiherwise appears to be materially misstated. If we identify such material inconsistencies or pparent material misstatemènts. we are required to determine whether there is a material misstatement in the linancial statements or a material rni55tatemeDt of the other information. If, based ort the work we have performed, we Conclude that there is a material misstatement of thls othLY infomiation. we are required to report that fact. We have nothing to report in this regard. Oplnlons on othef matters prescrlbed by ihe Companles Art 2006 our opinion. based on the work undertaken in the course of the audit= the information gwen in the Report of the Trustees lincorporatin8 the 5trate8ic report and the report of the diiectorsl for the financial year for which the financial statements are Prepared is consistent with the financSal statements,. and the Report of ihe Trustees has been prepared in accordance with applicable legal requirements. Page 12

fteport ofthe Independent Avdltors lo ihe Members of Saint Caiherin*'s Hospice Trust Matters on whSch we are requlred to report by exceptlon In the light of the knowledge and understandin8 of the group and parent charitable cornpany and its environment obtained in the course of the audil, we have not identified material misstatemènts in the Report of the Trustees. We have noihing to report In respect ol the following matters where the Companies Act 2CM)6 requires US to report to vou if, in our opinion.. adequate a¢¢ounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us,. or the parent charitable tompany's financial statements are not in agreement with the accounting records and returns,. certain dis¢losures of trustees. remuneration specrfied by law are not made- or we havè not rèteived all the infomation and explanations we require for our audit. Responslbilitiès of trustèes As explained more fully in the Statemeni of Tiustees Responsibililies. the trustees (who are also the direttors of the charitable parent company for the purposes of company lawl are responsible for the prepafation of the financia statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine 15 nece55ary to enable the preparation of financial statements Ihat are free from material misstarement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the group's and ¢haritable parent ¢ompany's ability to continue as a 8oin8 concern, di5c105in& a5 applicable. m3tter5 relaied to going concern and using the 8oinB concern basis of accountinB unless the irustees eiiher intend to liquidate the charitable company or to cease operation5, or have no realistic alternative but to do 50. Auditor's responslbllltles for the audlt of the financial statements We have been appointed auditor under the Companies Act 2006 and report in accordance with this Act. Our objectbves are to obtain reasonable assurance about wheiher the financial statement5 as a whole are free from material misstatement, whether due to fraud OT error, and to Issue ¥ Report of the Independent Auditors thai includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit condurted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influen¢è the economi¢ decisions ol users taken on the basis of these financial statements. Irre8ularities. including fraud. are instances of non-compliance wilh laws and regulations. We desiBn procedures in line with our respon5ibililie5, Outlined above, to detert material mistaiemefits in respect of irregularities. including Iraud. The extent to which our procedures are capable of deteaing irregularitie5, including fraud is detailed below.. OUT approach to identifyin8 and assessing the risks of material misstatement in respect ol irregularities, includin8 fraud and non<ompliance with law5 and regulations. was as follows.. the engagernent partner ensured that the en8aKÈment team collectively had the appropriate competence. capabilities and skills to identify or recognise non-compliance with applicable laws and regulations,. we identified the laws and re8ulations applicable to the charitable parent company and it5 Subsidiaries through discuss¢ons wth trustees and oiher management. and from our commercial knowledge and experience of the charitable sector,. we focused on specific laws and Te8ulaiions which we considered may have a direct material effect on the financial statements or the operatLOns ol the charitable parent company and its subsidiaries, including the Companies Act 2LX16, the Charities Act 2011. taxation legislation, data protection. empbyment. environmental and health and safety legislaiion and Care Quality Comrni55ion regulation5. we assessed the extent of compliance with the laws and regulation5 identified above through making enquiries of management, inspettin8 le8al correspondence and insperting Minute5 of Trustee meetin85 and Leadership Group meetings- and identified law5 and regulations were communicated within the audit team reEularly and the team remained alert lo instances of non-compliance thfoughout the audit. Page 13

Report of the Independent Auditors to the Members of Saint Catherine's Hosplce Trust We asse55ed the susceptibility of the charitsble parent CoMpan￿S financial statements to materlal misstatement, including obtaining an understanding of how fraud might occur, bv.. making enqtsiries of management as to where they considered there was Sus￿ptIbl11ty to fraud, their knowledge ol actual. suspected and alleged fraud.. and Considering the Internal controls in place to mitigate risks of fraud and non-compliance with laws and reBulations. To addres5 the risk of fraud throu8h management bias and override of controls. we.. tested journal entries to identify unusual transartions.. a5ses5ed whether judgements and assumptions made in detemiinin8 the accounting estimates were Indicative of potential bias,. and investqated the rationale behind significant or unusual transa¢tions. In rèsponse to the risk of irregularities and non-compliance wrth laws and regulations. we designed procedure5 which included, but were not limited to.. agreÈinR finaneial statement disclosures to underlying supporting documentation,. reading the minuies of meetings of those charged with governance- enquiring of management as to auual and potential litigation and dairns,. and reviewing Corresponden￿ with the Care Quality Commlssion. H M Revenue and Customs and the company's le8al advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the lÈss likely it is that we would become aware of non-compliance. Avditing standards also limit the audit procedures requirefj to identify non<ompliance with laws and regulation5 to enquiry of ihe directors and other managemeni and the inspection of regulatory and legal correspondence. if any. Material misstatement5 thai arise due to fraud can be harder to detect than those that arise from error as they mav involve deliberate concealrnent or collu￿On. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.oig.uvauditorsresponsibilities. This description forms part of our Report of the IndependÈnt Auditors. Use of our report This report is made soldy to the charitable par￿l company's members. as a body. in accordance wlth Chapter 3 of Part 16 01 the Companies Act 2006. Our audit work has bèefi undertaken $0 that WÈ might state to the charitable parènt ¢ompany's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by 13w. we do noi accepi or assume responsibility to anyone oiher than the chaiitable parent company's member5 a5 a body. for our audit work. for this report, or for the opinion5 we have lorrned. Paul Webster 8A FCA CTA (Senior Statutory Auditor) lor and on behalf of Ingham & Co. Chartered Accountants Statulory Auditgr Georgè Stanley House 2 West Parade Road StaTborough North Yoikshire Y012 SED Date: IS July 2024 Page 14

Salni Giiherfne's HOSPI￿ Try51 Consolldated Statement ol Flnandal ActTvltles Ilncorporatln8 a con5011dated Income and Expenditure Acruuntl for the year ended ai Marth 2024 Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Note Income from-. Oonations and legades Legacies Donations General trusts and foundatlons FundTaisin8 donations and sponsorship 937,845 358,596 69.2S7 197.989 1,065 19,827 31.491 938.910 378.423 I¢Xl,748 197.989 1.708.815 344.761 110.88S 217,920 Charitable actlvltle5 Funding from Integrated Care Boards Education course income 1.653,437 12.276 536.062 2,189,499 12,276 1,987.962 11.333 other trading artivities Fundraising event5 Charity shops and sales of other goods Room hire support services Lottery and prize draws 123.702 1.192.581 690 41.352 328,290 123,702 1.192.581 690 41,352 328.290 196.549 1,141,952 27,817 342.301 Investments 156,179 156,179 126.797 Other Income Gains on disposal of fixed assets 204 204 427 Total Income 5.072.398 588,445 5,660,843 6217.519 Expenditure on: Ralslng funds Oonations and lega¢ies Other trading tivities Lotrery and prize draws Investment managernent Costs 345.988 1.123.722 2CQ.141 27,665 345,988 1.123.722 200.141 27.665 280.509 1,097,732 208,768 26,744 Charltable actlvltles 3.962.878 597.251 4,560,129 3.995.044 Total Expenditure Net Incomellexpenditurel belor¢ other re¢o8nised iains S,660,394 597.251 6 2S7 645 5.608.797 IS87.9961 18.8061 1596,8021 608,722 Nei Ilossesllgains on investments Net ¢Expendityre)Iin￿rne 270.500 270.500 1283,2281 1317,496) 18.806 1326,3021 325,494 Total funds brou8ht forward 11.601.512 132,261 11,733,773 11.408.279 Total lunds carrled forward 11.284.016 123.455 11.407,471 11,733,773 Contlnulrt8 operatlon5 All incom and expenditure has aiisen from continuing activities. The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year. A detailed Consolidated Statement of Financial Activities for the compaTati¥e year ended 31 March 2023 is disclosed in note 9 ro the financial staiementS. Page IS

Sainl Catherme'5 Hospir¢ Tryst BaEao¢e Sheets as at 31 Marth 2024 Group Charity 2024 2023 2024 2023 Note Flxed assets Tangible fixed assets Investments li 12 4.908.321 4.944.038 4,694.695 4.195.364 4.907,563 4,944,045 4,693.771 4,195,371 9.852.359 8.890.OS9 9,851,608 8,889,142 Current asset5 Stocks Debtors Cash at bank and in hand 18,852 791,656 1,237.017 23,544 1,369,518 2,004,983 16,491 833,984 1.134.813 17,499 1,455.133 1,8SO.959 14 1047.525 3.398.045 1,985.288 3,323,591 Creditors: amounts f•lling du¢ within one year 16 1492.413} 1554.3311 1431,4421 1480,9771 Net current assets 1,555.112 2,843.714 1.553.846 2,842,614 Total net assets 11,407.471 11,733,773 11,405.454 11,731,756 The funds of the charity. Unrestricted funds Restritted intome funds 16 16 11.284.016 123.455 11.601.512 132.261 11,281,999 123,455 11.599,49S 132,261 Totsl charlty funds 11,407,471 11,733,773 11,405.454 11,731,756 The financial statements were approved and authorised for issue by ihe Board of Trustees on 15 lufy 2024 and were signed on its behalf bv: Mmid ebrook tevenson Page 16

Salnt Githerlne's Hosplce Tru51 Consolidated St•tement of cash flows for the year ended 31 Ma￿h 2024 Note 2024 2023 Cash flows from operatlng actl¥itie5." Net cash provided byllused inl operatln8 activilie5 lal 146.6231 795,806 Cash flows from Invesiing actl¥itles: Dividends, interest and rents from investments Purchase of property, plant and equiprnent Proceeds from the sale of investments Proceed5 from the sale ol tan8ible fixed assets Purchase of investments 156.179 1399.5521 1.036.118 204 IL514.2921 126.797 1157,8931 599,205 427 11,440,597) 1721.3431 1872.0611 Change In cash and cash equivalents In the reportinK peiiod 1767,9661 176.2551 Cash and ¢ash equivalents at the be8innin8 of the reportinE period 2.Crf)4,983 2,081.238 Cash and cash equl¥alents at the end of the reportlng period 1.237.017 2.(X)4.983 Motes lo the c¢nsolldated slatement of cash flows lal Re¢on¢iliation of fiet in¢omel{expertdityrel to net ¢ash Ilow from operatSng actlvltles 2024 2023 Net In¢ome/lexpendSturel fw the reportln8 perfod 1326.3021 325,494 Adjustments for: Depreciation charBe5 IGainslllosse5 on investments (Gainslllosses on disposal of fixed assets Interest received Dlvidends received Rent5 from investment Ilncreaselldecrease in stocks Ilncreasel/de¢rease in debiors In¢reaselldecrea5el in ueditors 185.926 I270.5￿) 12041 117.3381 1132.42ti1 16.415) 4,692 577.862 161.918) 184,600 283,228 14271 15.1001 1110,3321 111.3651 14.8421 201.989 167.4391 Net Cash pro¥lded byllused Inl operallni artlvltSes 46,623 795.806 Ibl Analy515 of cash and cash equlvalents 2024 2023 Cash at bank and in hand 1,237.017 2,004,983 1,237,017 2.004.983 Page 17

Salnt Catherfnt's H05plce T￿$t Notes to the fit)andal statements lorthe yeaf ended 31 Marth 2024 ACCOUNnNG POLICIES Ba51$ 01 preparrnt the financial statements The finantial statements have been prepared in accoidance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Ptactice applicable to charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I January 20191., Financial Reportrn8 Standard 102 'The Finanaal Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act 2006. Saint Catherine's Hospice Trust rnÈÈts the definition of a public benefit entity under FRS 102. A55ets and liabilities are initially ￿cOgnised at historlc cost or transaction value unless otherwise stated in the relevant accounting policies. The presentation currency of the financial 5tstements 15 the Pound Sterllng 1£). In￿rne All income is recognised in the Statement of Financial Artivities once the charitable company has entitlement to the funds, it 15 probable that the income will be received and the amount Can be mèasured reliably. For legacies. the charitable company is considere(I to be Èntitl￿ to the funds. when it is aware of the existance of a valid Will and thè death of the benefattor. A legacy is considered probable when there has been a grant ot probate. the executors have established that there are sufficieni assets in the estate ond any conditions attached to the le8a¢y are in control or met by the tharitable company. A le8a¢y is measurable when it can be measured or estimated with sufficient reliability- Gifts in kind are recognised at the estimated Market value of the gift when it is received, with the e¥cepiion of donated Bood5 for resale. which are not recognised until they have been sold. In¢omè from events and fundraising are re¢oenised when the event lakes place. Income from the Health Authority. Government and other grants. whether a capital OT revenue grant, are recognised when the Charitsble company has entttlement to the fvnds. any performan¢e conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably. In¢ome is deferred where it is re￿IVed in advance to be expended in the following period or it relates to a future fundraising event. Investment income is included when receivable and the amount can be measured reliablv. Resour￿$ expended All expenditure is include(I within thÈ Statemènt of Financial Activitie5 on an accruals basis indu5ive of any VAT that cannot be recovered. Expenditure ha5 been allocated to a particular activity where costs relate directly to that activity. Where it is necessary to allocate costs between activitie5, the trustees use their best judgement and estimates to fairly allocate the costs. Expenditure on rai5inB fvnds ¢omprises fund-raising costs incurred in seekin8 voluntary contributions. shop expenses and investment management advice. Expenditure on ¢haritable activities comprises those costs incurred by the charitable company in the delivery of its activities and services for its beneficiaries. It in¢ludes boih costs that can by allocated directly to such artivilies and those costs of an indirect nature necessary to 5UPPOrt thern. Pa8e 18

Salnt Cather5ne's H05pke Trnst Notes to the finan¢i•l statements for the ￿•r ended 31 March 2024 ACCOUNTING POLICIES- contlnued Tan8lble fimed assets FrKed asseis are slated at COSI. Depreciation is provided at the following annual rates in order to write off each asset over it5 estimated useful economic life.. Freehold buil(lin8s Fixtures, fittin85 and equipment Motor vehicles 2% Straight line 20% Straight line 20X Straight line No depreciation is charged on freehold land. The charity capitalisation threshold for tangible fi¥ed as5Et5 15 £5CQ. Investments All investments lother than investments in subsidiaries) are fomis of basic financial instrument and are stated at market value at the balance sheet date. All gains and losses are reflected through ihe Statèment of Financial Aciivities. Investmenis in subsidiarie5 are include(l at cost and the Trustees review the carrying value annually for indications of impairment. Sttxk5 Stock5 are valued at the lower of cost and net realisable value. after rnaking due allowance for obsolete and slow movrng iiems. Oonated items for resale arè noi included in the financial statements until they are sold. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable 15 included at the best estimaie of the amounts receivable at the bolance Sheet dale. Credltors Creditors are recognised where the charity has a prwnt obligatlon restsliing Irom a past ￿ent that will probably result in the transfer of funds to a third party and the amount due to Settle the obligalion can be measured or estimated reliably. Creditors are nomially recognised at iheir settlemeni amount after allowing for any trade discounts due. FutMI a¢¢ountin8 Unrestricted funds can be used in accordance with the charitable objective at the discretion of the trvslee5. Restricted funds can only be used for particular ￿tritted purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular rèstiicted purposes. Pension cost and other post￿etireMent benefits The chariiable company operates two defined contribylion schemes. The ¢harltable company a150 make5 contributions to the NHS Pension Scheme which is an unfunded defined benefit scheme. The charitable company is unable to identify 115 share ol the underlyin8 aS5et5 and liabilities of the NHS scheme and therefore the scheme 15 accounted for as rf it was a defined contribution scheme. Contributions payable to all scheme5 are charged to the Staternent of Financial Activities in the period to which they relate. SubsldSarSes The charitable ¢ompany has two wholly owned 5ubsidiarTres. Scarborough Hospio Sales Llmited and Saint Catherine's Hospice Lottery Limited. both of which are incorporated in England. Both companies are obliged under their ¢onsiilution5 to apply their profits towards the prornotton and carrying Out of the objects of the charltable company. A summary of the trading fesults of both subsidiaries in coniained in the notes to the financial statements. These financial ststements consolidate the results of the charitable company and both subsidiaries. Page 19

Salnt Catherfne's frtospke Trust Notes to ihe finan¢lal statements for ihe ye•r•nded YI Marth 2024 ACCOUNTING POUCIES- contlnued Taxativn The chariiablÈ company is exempt from tax on its Charitable actmties. Group financial Statemènts The financial statements consolidate the results of charity and its wholly owned subsidiar￿5 On a line by line basls. A separate Statement of Financial Activities, includin8 the incorne and expenditure account, for the charity itself is not presented because the chariiy has taken advaniage of the exemptions offered by section 408 of the Companies Act 2￿6. The summary fin¥noal perlormance of the tharity alone is disclosed in note 13 of the financial statements. Volunteers No amounts are induded in the finanual statements for seNces donated by volunteers. Operatlng leases Operatin8 lease rentals are included in the Statement of Finanual Actiwties in the period to which they relate. Flnandal in51rum¢nts The charitable tompany onty Ènters inio basic finantial instruments that result in the recognition of finandal assets and liabilities such as trade debtor5, Other debtors and creditors. Debt instruments that are payable or receivable within one year. are measured at the undiscounted amount of cash or other consideration expected to be paid or received. GolnB concern The charitable cornpany meets Fts dably working capital requirements from its bank account5, which at 31 March 2024 were in excess of £i.i¢jO.￿o. The charitable company relie5 upon funding from voluntary donations, legaties and fundinR frorn Clinical tommissioning groups, whith all contain a dègree of uncertainty. However. the charitable company has a favourable fundraising history and 8iven the le¥el of free reserves at the year end, the Trustee5 consider that the charitable company ha5 sufficient re50urce5 to continue in existence for the foreseeable future. Conseqvertily the financial statèments have been prÈpared on a going cOn￿rn bas15. JudEèments and key sources of estlmatlon uncertalnty In prepaiing the financial statements, management is required to make estimates and assumptions which affect reported income. expenses. assets. liabilities and disdosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in ihe formation of estimates, togethei with past experience and expectations of future event5 that are bell￿d to be reasonable under the circumstances. Actual results in the future could differ from such estimates. Critlcal judgements In applylng the companvs pollcles The trustees do not consider Ihat there are any significant judgements which have had to be made in prep3rin6 these finantial siaternertts. Crltlcal accountlng tstlmates and assumptlofis The annual depreciation charge for tangible fixed assws is sensitive to changes in the estimated useful lives and residual values of the assets. The a5sumption5 used regarding useful economi¢ lives and residual values are assessed annually. They are amended when necessary to Teflert current estimate5 based on rnarket conditions and phy5i¢al conditions of the assets. Legacies are recognised as income when probate has been granted, the charitable ¢ompany ha5 established that il is entitled to the funds and the tharity has suffioent information with which to estimate reliably the amount feceivable. Page 20

Salnt Catherlne's Hospl¢e Tru Notes to the finandal 5tstements for the year ended YI M¥¢h 2024 LEGAL STATUS OF THE CHARITY The charily is a company limited by guarantee and has no share capital. In the event of the charlty being wound up, the liability in respect of the guarantee is limited to £1 per mernber of the ¢harity. NET INCOME 2024 2023 Net income is stated after char8inpJ{¢reditingl.' Operatirig lease renta15- Land, bvildinBS and equipment Depreciation of tangible fixed assets Profitll105sI on disposal of fixed assets 156,267 185.926 204 163,079 184,600 427 INCOME FROM INVESTMENTS 2024 2023 Bank interest Dividends Rental income 17,338 132.426 6.415 s,ioo 110.332 11.365 156,179 126,797 ANALYSIS OF EXPENDITURE Dirert Costs Support C051S (note 6) 2024 2023 Costs of raSsln8 funds Donations and legacies Other trading activitie5 Lottery and prize dfaws Investment management costs 266,923 963,552 2CK),141 21,343 79,065 160,170 345.988 1,123.722 200.141 27.665 280,509 1.097.732 208,768 26,744 6.322 CharStable aalvltles Inpatient unit Clinics & therapy Community Care Bereavement 5UPPQrt 5ervice5 Education 2.251.306 316.530 777.671 235.689 11.756 666.854 93.759 133.269 69.813 3.482 2,918,160 410,289 910,940 305,502 15,238 2,584.164 290,377 794.338 280,620 45,545 5.044.911 1.212,734 6.257,64S 5.608.797 Page 21

Salnt C*herlne's Hosplce Trust Notes to the financlal statements for thè year ended 31 Marth 2024 ANALYSIS OF SUPPORT COSTS 2024 2023 Salaries Premises Con5urnables Maintenance Professional fee5 Depreciation Training Governance Transport Sundry expenses 514.096 121,613 148,693 54,587 114,397 160,139 17.978 67.306 8.617 5.308 463,725 97,901 129.936 74,203 110,264 165,761 23,258 29,864 11,507 2.090 Total support costs 1,212,734 1.108,509 All support costs and governan￿ costs are Jpportioned between the various activities in accordance with the levels of the direct costs. This method of apportionrnent represents a reasonable approximation of the usage of 5UPPOrt costs and governan¢e cost by eath activity. 2024 2023 Allocated to.. Expenditu￿ on ralslng funds (note 51: C95ts ol generating donations and legaaes Other tiading actiwties Investments 79,065 160.170 6,322 66.407 160,613 6,331 Expendlture on charltable actl¥ltle5 (note 51: Inpatient unit Clinic5 & therapy Community care Bereavemeni sUPPOrt serwces Education 666.854 93,759 133.269 69,813 3,482 611,774 68,744 117.424 66.434 10.7B2 1.212.734 1,108.509 PENSION COSTS The irust operates two def4ned contribuiion pension schemes. the assets of which are held separately from those of the trust in independently adminrstered funds. In addition. the trust also makes contributions to the NHS Penslon Scheme. which 15 an unfunded defined benefit Scheme. A5 the trust is unable to identify its share of the underlyinB assets and liabilities of the NHS Pension Stheme. this is also accounted for as a defined contribution scheme. Each member of the sthÈme pays a common contribution rate as set by the Government. The pension costs charge for the year represents contributions payable by the trust to the scherne5. Page 22

Sa5nt CalhefSne's Hospice Trust Ntxes to ihe Ilnandal statementsforthe year ended 31 March 2024 PENSION cosrs- ¢onflnued 2024 2023 Defined contribution schemes NHS Pension Scheme 96.477 153.602 84,344 137,791 250.079 222,135 Pension contributions amounting 10 £14.63812023- £12.8991 were payable to defined contributlon schemes and £22,67012023 - £22,338) were payable to the NHS Pension Scheme at the year end. These arnounis are included in creditors. STAFF C05T5 ANO NUMBERS 2024 2023 Wa8es artd salaries Social Security costs Pension costs 4.014,767 358,845 249,666 3,480,339 319,641 220.315 4.623.278 4,020,295 The iru5tee5 do not receive any emoluments and are not relmbursed for any expense5 incurred. The key management personnel of the trust and the group is the Executive Tearn. which cornprises the Chief Executive. the Ftnance Dire¢tor, the Medical Dtre¢tor an(J the ainital Service5 Dlrector. The total employee benefrt5 Of the key management personnel was £422.16812023- £394.8281. The total amount of termination payments recognised 35 expendituie in thè Consolidated statement of Financial Actfvities for the year was £24.01512023- £Nill. These relate to redundancy payments, payments in lieu of notice and ex-gratia payments. The number of employees whose total employee benefits. excluding pension contributions, We￿ over £60.000. were a5 follow5- 2024 No. 2023 No. £60.OCQ to £70.( E70,OC(I to £80.[ £80.OW to £90.t*Q £90,000 to £lOO,(OJ £IOO,C4JO to £llO,O The average monthly head count of employee5. anaty5ed by funclion, was: Patient care Ancillary staff Shop staff Adrninistrative 5tsff 83 26 28 20 29 23 174 157 Page 23

Salnt Catherlne's Hosplce Trust Notes to the financial statèments for the year ended 31 Marth 2014 CONSOLIDATED STATEMENT OF FIIIANCIAL AcnvmES PRIOR YEAR COMPARATIVES FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted funds Restricted fvnds Total furbds 2023 Income and endowmefitslrom: Donations and legacles Legacies Donations General trusts and foundations Fundraising donations and sponsorship Granrs received 1.609,610 344,261 81,602 217.920 99.205 S(Kl 29,283 1,708.815 344.761 110.885 217,920 Charitable activltles Funding from Clinical Commissioning Groups Education course incorne Grants received 1.565.331 11.333 422.631 1,987.962 11.333 Other tradin8 artivlties Fundraising events Charily shops and sales of other goods Room hire Support services Lottery and prize draws 196.549 1.141.952 196,549 1.141,952 27,817 342.301 27,817 342,301 In¥e5tmÈnts 126,797 126,797 Gain on disposal of fixed assets 427 427 Total Income 5,665,900 551,619 6.217,519 Expendlture on: Raising funds Oonations and legacies Other trading activities Lottery and prize draws Investment rnana8er's cost5 Charltable adivitiès 280.509 1.097.732 208,768 26.744 280.509 1,097.732 208.768 26,744 3.430,435 564.609 3,995.044 Total Expendlture Net incomellexpendlturel before other rKoKni5ed gains 5.044.188 564.609 5.608,797 621.712 112.9901 608.722 Net galns on Investments 283.228 283.228 Net Expendlture 338.484 112,9901 325.494 Total funds brought forward 11.263.028 14S.251 11,408.279 Total funds carrled forward 11.601.512 132.261 11,733.773 P•8e 24

5alnt Catherlne's Hosplce Trt￿t Note5 to the flnandal 5tstements for the >*ar ended YI March 2024 10. OPERATING LEASES Minimum lease payments under non-cancellable operatin8 leases fall due as follows.. Group Charitv 2024 2023 2024 2023 Within one year Within two to fNe years Over five years 98,929 40.019 97.828 103.701 98,929 40,019 97,828 103,701 138.948 201.S29 138,948 201.529 11. TANGIBLE FIXED ASSETS- GROUP Freehold land & buildings Fixtures, fittings & equipment Motor vehicles Total Cost As at l April 2023 Additions Disposals 7.859.715 61.581 739.410 110,716 83.429 227.25S 16.3911 8.682.554 399.552 16,3911 As at 31 March 2024 7,921,296 850.126 304.293 9.075.715 Depreclatlon As at l April 2023 Charge for the year Eliminated on disposal 3.289.185 146,697 615,310 39.159 83.364 70 16,3911 3,987.859 185,926 16.3911 As at 31 March 2024 3,435.882 654,469 77.043 4.167,394 Net I￿0k value As at 31 March 2024 4.485.414 195,657 227.250 4.908,321 As at l April 2023 4,S70.530 124,1 65 4.694,695 Page 2S

Saint Catherine'5 Hosplce Trust Notes to the financlal statements fof the year ended 31 March 2024 11. TANGIBLE FIXED ASSEfs- CHARITY Freehold land & buiklings Fixtures, fittin85 & equipment Motor vehicles Total Cost As at l April 2023 Additions Disposals 7.859.715 61.581 736,913 110,716 83,429 227,255 16,3911 8,680,057 399,552 16,3911 As at 31 March 2024 7.921.296 847.629 304.293 9,073,218 Oepredatlon As at l April 2023 Charge for the year Eliminated on disposal 3.289.185 146.697 613,737 38,993 83.364 70 16,3911 3,986,286 185,760 16,3911 As at 31 Mar¢h 2024 3.435.882 652,730 77,043 4,165,655 Net book value As at 31 March 2024 4.485.414 194,899 227,250 4,907,563 As at l April 2023 4,570,530 123.176 65 4.693.771 12. FIXED ASSET INVESTMENTS- GROUP AND CHARtrY 2024 2023 Llsted Invesiments Valuation at l April 2023 Additions Disp05als Revaluation surpluslldefi¢itl 4,115.364 1,514,292 11,059.1201 293,502 3,557,200 1,440,597 1658.6571 1223,7761 Valuation at 31 Marth 2024 4.864.038 4.115,364 Secured property asset Valuation at l April 2023 and 31 March 2024 80.000 80.000 Total 8roup Investments Equlty invèstments In subsldlarfes At 31 Maith 2023 and 31 March 2024 4.944.038 4,195,364 Total charlty Investments 4.944.045 4,195,371 Original cost of investments stated at valuation 4,076,434 3,621,262 The secured property assei represents a SO% beneficial interest in a freehold property, whith wa5 donated to the charitable ¢ompany in earlier years and is included in ihe financial statements at its estimated value. based on the open market value of the underlying property- The open market value of the underlyinK property has been estimated by the Trustees by refefence to the similar properties in the immediate wcinity. The charitable cornpany is unable to rèalise this investment without the 38rÈement of the other beneficial owners. Changes in the esiimated value of the secured property asset are included in the Statement of Financial Activities. Page 26

Saint Catherlne's Hospke Trnrt Notes to the finandal statements for the year ended 31 M•r(h 2024 12. FIXED Ass￿ 114VESTMENTS- GROUP AND CHARrrY- ￿rtinUed The inveslment in subsidiary undertakings comprises lthJ% of the issued share of Scarboroueh Hospice Sales Limited and Saini Caiherine's Hospice Lottery Limited. Summarie5 of the results of the subsidiaries are as follows.. 2024 2023 Surborau8h Hospice Sales UM1t￿ (Company number. 02053320) Turnover Cost of sales 45.083 119.6081 40,693 117,9621 Gffo￿ prollt Operatlng expenses 25.475 19.2961 22,731 110,5641 Profit on ordlnary actNltles Interest payable and similar expenses Amount gift aided to the charity 16.179 12,167 116.1791 112,1671 Retalned In Sub￿dIary Assets liabilities 17,255 116,2491 12.317 111.3111 Net asstts I,IX)6 1.006 Represenied by.. Capital Reserve5 1,000 l.oco 1.006 1,006 2024 2023 5alnt Catherlne's Hosplce Lottery Umlted Icompany Number: 035807241 Turnover Cost of sales 328,290 1130,3601 342,301 1133.2001 Gross Pfofit Operating expenses 197,930 169,7811 209.101 175.5681 Profit on ordlnary actlvltles Amount Bift aided io the charity 128,149 1128,1491 133.533 1133.5331 RetaTned In subsldSary Assets abilitie5 91,144 190,1331 148.677 1147.6661 Net assets I,oii i.oii Represented by.. Capital Reserves i.oio i.oio I,oii i.oii Scarborough Hospice Sales Ltmited vndertakes the sale of new goods, calendars and ereetings cards. Saint Catherine's Hospice Lottery Limited undertakes the operation of the lottery and prize dTaW5. The re8i5tered oflice of bolh Subsidiaries is Saint Catherine's Hospi￿. Throxenby Lane. Scarborou8h, North Yorkshire, Y012 5RE. Page 27

Saint Catherfne's Hosplce Tryst Notes to the finandal statements the year trAd￿ 31 March 2024 13. FINANCIAL PERFORMANCE OF THE CHARiri The Summary financial performance of the charity alone is as follows: 2024 2023 Total Income Total Expenditure Net gains on investments Net incomellexpenditurel Toial funds brought forward 5,431.798 16,028,600> 270,500 1326,3021 11,731.756 5.980.225 15.371,S031 283,228 325.494 11.406.262 11405.454 11,731,756 Represented bv-. Restricted funds Unrestrirted funds 123,455 11,281,999 132.261 11,599.495 11,405.454 11,731.756 14. DE8TORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR Group Charity 2024 2023 2024 2023 Trade debtors Amounts owed by group undertakin8S Other debtors Prepayments Accrued income 70.463 4,574 70,463 42,328 70,288 85,588 565.317 4,574 8S,615 35,602 79,873 1.249,469 70,288 85.$88 565,317 35,602 79,873 1.249,469 791,656 1.369.518 833.984 1,455,133 15. CREDITOR5: Amouiifs FAWNG DUE WITHIN ONE YEAR Charity 2024 2023 2024 2023 Trade ueditors Taxation and social securlty Other Creditors Ac¢ruals Delerred Income 98,929 85.058 69,167 156,1X$9 83,190 55,399 84,080 83,961 155,114 175,777 93,308 83,629 15,246 156.069 83,190 52,234 82,594 15,258 155,114 175.777 492.413 554.331 431.442 480.977 Deferred income Balance brou8ht forward Amount released to the SOFA Amount deferred in the year 175.777 1175.7771 83.190 292,271 1292,2711 175.777 175.777 1175.7771 83.190 579,694 1579.6941 175.777 83.190 175.777 83.190 175.777 Pa8e 28

Saint Catherine's Hospice Tru Ilotes to the Ilnanclal statements forthe yeai ended 31 Mar¢h ZOZ4 16 STATEMENT OF FUN Nei movement in funds At l April 2023 At 31 March 2024 Group unrestrlrted funds General fund Community project fund Sustainable energy fund 10,601.512 5LK),O 500,0 1317.4961 10,284,016 S¢XI.000 5¢J).OC4J 11.601,512 317,496 11.284.016 Charity unrestri¢ted funds General fund Community project fund Sustainable energy fund 10.599.495 5¢XJ.OtK) 51XJ,O(KI 1317,4961 10,281.999 500.000 500.000 11.599.495 317,496 11.281.999 Group and Charity r¢strirted funds Drugs and pharmary seNite$ 8rant Contract income Legacies income Trusts and foundation in¢ome Donation5 income 9,6LX) 118,5451 15.3101 5,449 9,600 57,819 48,652 7,384 76.364 S3.962 1.935 132.261 18,8061 123,455 Group total lunds 11,733,773 1326.302 11,407,471 Charity total funds 11.731.756 326.3021 11,405,454 The net movement in fund5. induded in the above are a5 follows= Net movement in funds Investment Gain5llLosse51 Income Expenditure Transfers Group unrestrfcted funds General fund Community project fLtnd Sustainable Ènèr8y fvnd S.072.398 15,660,394) 270.%1) 1317,4961 5,072.398 5.660.394 270,5(K) 317.496 Charity unrestrlcted funds General fund Community projecr fund Sustainable ener8y fund 4.843.353 1S.431.3491 270.SiKI 1317,4961 4,843.353 15.431.349) 270.5 1317.4961 Page 29

Saint Catherlne's Ho￿1¢¢ Trust Notes to the fJnaft(ial statements forthe yeai ended 31 March 2024 16. STATEMENT OF FUNDS. cofttlnued Net movement in fund5 Investment GainsllLossesl Income Expenditure Transfers Group and Charlty restrlcted fund5 Drugs and pharmacy services 6rant Contract income Legaciès income Trtsst5 and foundation income Oonatiorhs income 13,706 536.062 1.065 113,7061 1526.4621 119.6101 9,600 118,5451 31.991 5,621 137.3011 11721 15.3101 5.449 588.445 1597,2511 8,806 Group total funds 6.257.645 270.500 326.302 Charitytotal lunds 5.431.798 6.028.6CKI 270.500 326.3021 Unre5trirted funds The 8eneral lund represents the free reser￿ of the charity that are not designated or restricted for a particular purpose. The Trustees have designated E5O),OCKJ of ihe charity's investment fund. a5 a cornrnunity project fund. to be used io purchase two specialised vehicles to JSSiSt with the provision of peripatetic services across the region. During the year ended 2024, the chafity purchased the two vehide5 at ¥ cost of £227,237. No depreriation has been chaf8ed on these vehicles as they had not be￿ brought into use at 31 March 2024. The Trustees have designated £5C(I,000 of the charity's investment fund as a sustainable energy lund, to be used to replace the Hosp4¢e's existing space and water heating systems with a sustainable energy source. to reduce future utility Costs. During the year ended 2024, the charity installed solar panels and electri¢ vehi¢le ¢harging points at a Cost of £101.234. No depreciation has been charged on these assets as they had not been brought into use al 31 March 2024. Rèstrkted funds The restricted funds represent monies received for specific purposes. as follows.. The restficted coniract income received in the year included E143.364 for the End of Life Beds project, £347,724 lor the Fast Track Home Care projeti. £34.974 for Lymphoedema service5 and £IO.000 for the Humber and North Yorkshire Research Engagement Network IRENI pro8rarnme. The restricted le8acy income receNed in the year induded £1.065 to be spent on equipment. The restricted trusts and foundatron income include5 £2.owI from the Royal Naval Benevolent Trust to be used to support Royal Navy veterans, £S,C(]O from the Lord Feoffe5 of Bridlington to be used on the provision of services in the 8ridlin8ton area, £S,000 from ihe Bumiston Show Group to sponsor an inpatient room. £2.500 from Ryedale District Council to be used on the prow5ion of 5eNces in the Ryedale area, £5,616 from the Scarborough Group Foundation to be spent on a new bed for the inpatient unit. together with £ll.000 from the Blue Lydht Foundatio and £375 from Tesco Ba85 01 Help. toward5 the Wellbeing Centre. The restricted donation income received in the year induded £4.5(Kl towards the c05t of refurbishin8 the inpatient unit and £1,622 to be spent on equipmeni. Page 30

Salnt Catherfne'5 Ho41ice Tru5¢ Notes to the flnandal ststements for the year ended 31 March 2024 16. STATEMENT OF FUNDS- continued Restrlcled funds Included in restricted funds held at 31 March 2024 15 £61,374 in respect of the future depreciation of capital equipment purchased usin8 restricted funds. together with £2.$1)J to be spent on the provision of Services in Ryedale, £4.500 to be spent on the refurbishment of the Inpatient UniL £2,CtKI to be spent on Royal Navy Veteran5, £3,585 to be spent on staff and volunteer wellbein& £7,129 to be spent on a humanitarian projett. £6,750 to be spent assisting dementia patiertts in the Inpatient Unit. £25.408 to be spend on equipment. £9.600 in respect of the Humber and North Yorkshire Research Engagernent Network IRENI programme and sundry other fund5 totallin8 E609. 17. ANALYSIS OF NET ASSEfs BETWEEN FIJNDS Tangible fixed assets Nei Current a5set5 As at 31 March 2024 Investments Total Group Ilestricted funds Unrestricted funds.. General Community proje¢t fund Sustainable ener8y fund 61.374 62.081 123.455 4.518.476 227.237 101.234 4.944.038 821,502 272,763 398.766 10.284.016 5(M).000 500,000 4.908.321 4.944,038 1,555,112 11.407.471 Charity Restricted funds Unrestricted funds= General Cornrnunity project fvnd Sustainable energy fund 61.374 62.081 123,455 4,517.718 227.237 101,234 4,944.045 820.236 272.763 398.766 10,281,999 soo.000 500.000 4.907.563 4.944.04S 1.553.846 11,405,454 Tangible fixed assets Net current assets A5 at 31 March 2023 Investments Total Group Restricted funds Unrestricted funds-. General Community proje¢1 fund Sustainable energy fund 96.887 35,374 132,261 4,597.808 4.195.364 1.808.340 500.000 500.000 10,601,512 500,000 500.000 4,694,695 4,195,364 2,843.714 11.733,773 Charlty Restricted funds Unre51rirted fund5- General Community project fund Sustainable energy fund 96,887 35.374 132.261 4.596.884 4.195,371 1,807,240 soo.000 500,000 10,599,495 500,000 500,000 4.693.771 4,195.371 2,842,614 11,731.756 Page 31

SaSnt Catherlne's Hosplce Trust Nates to the financSal statements tor the year ended 31 March 2024 18. AELATED PARTY TRAN5AclloN5 The total amount of donation5 received without conditiorts from the Trustees. the Executive Team and their families was £22.65712023- £16.1951. During the yeaf the charity purchased goods and services totallin8 £41.357 12023 £79,181) from Phoenix Software Limited. a company in which one of the Trustees is a director. 19. AUDITORS, REMUNERATrON Group Charity 2024 2023 2024 2023 Audit fees Accountancv 13.690 5,71)J 13.215 5.430 8.825 8.725 3,735 19.390 18.645 12.625 12,460 20. FINANCIAL A55ETS AND LIA81LrriES Group 2024 2023 Carrylng Value of financlal assets Financial assets measured at fair value Financial assets rneasured at amortised cost 4,944.038 140,751 4.195,364 40.176 Carrylng value of finantlal liabillties Financial liabilitie5 measured at amortised Cost 2S3.154 223,440 Finan¢ial assets measured at fair value comprise investments held at market value. Financial assets measured at amortised c05t comprise trade debtors and other debtor5. Financial liatHlities measured at arnortised cost Comprise trade ueditors and other creditors. 21. CONTINGENT ASSErs At 31 March 2024. the charity had been notified of 19 legacies12023 - 21 with an estimated value in the re8ion of £818.00012023_ £56.7661 which have not been recogni5ed in the financial ststements as they failed to meet one or more of the income recognition criteria. The Charity has also been notified of 6 12023 - 161 further legacies. the value of whith is un¢ertain due to insuffiuent information bèing available. At the date of approval of the financial statements, no fvrther infwmation ha5 been received and ¢on5equently these legacTres have not been recognised in the financial siatements. Page 32