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
#152

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 in*atient 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. re*nablement 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