2023-03-31-accounts

The Trustees who served	in the year are as follows:
Trustee Directors	Role	Committee
Mr R Harris	Chairman	A,B
Mrs SFairbrace		B
Mrs M Barker		8
Mr R Coleman		A,B
MrJWootten (Resigned	19'"October 2022)	A,B
Mrs VWebster		B
Mr A Gray		B
Mrs BFisher		A,B
Mrs J Oliver		B

The Trustees have assessed the major risks	to which	the group is exposed, in	the group is exposed, in	particular	particular		those	related to the	related to the	related to the
operations and finances of the group. This	involved	identification	of the types of		risk	the group			faces	and
prioritising them In terms ofpotential impact and likelihood ofoccurrence and identifying					and	tracking		the progress
of measures to manage them. The ongoing risks associated with			the aftermath	of COVID-19 pandemic						were
considered as part ofthe assessment as were	the risks	related to the ongoing Cost of Living					Crisis.
The principal risks identified are:
Risk identified		Strata	to miti ate risk
Decline in reserves from an excess of expenditure		Recruiting	and training	staff	and	Trustees		to develop
over income.		funding and promotional		strategies.
Ability to build sustainable and predictable income to		Establishing a prudent		and	sustainable			expenditure
meet funding demands and ensure long term		plan to	maintain reserves		at	sufficient			levels	to
sustainability.		maintain
		solvency.
Competition for donations and the group's	profile	DevelopingandimplementingaStrategicPlanfor
relative to other charities especially during the period		the period	2023 to 2025.
ofthe cost of living crisis.
Possible financial cuts made by the National	Health
Service towards the running ofthe hospice in	addiTion
increases in demand for end of life hospice	services
which could lead to the charitable company to
increase its payments to maintain hospice services at
their current or re uired levels.

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note		6	F	6
Income from:
Donations and legacies		4	446,426	135	446,561	523,990
Other trading activities		5	622,122		622,122	572,258
Investments		6	4,599		4,599	498
Other income		7				64,383
Total income			1,073,147	135	1,073,282	1,161,139
Expenditure on:
Raising funds		8	614,103	107	614,210	545,845
Charitable activities			724,092		724,092	689,577
Total expenditure			1,338,195	107	1,338,302	1,235,522
Net (expenditure)/income losses on investments	before net		(265,048)	28	(265,020)	(74,383)
Net losses on investments			(40,993)		(40,993)	(25,044)
Net movement in funds			(306,041)	28	(306,013)	(99,427)
Reconciliation offunds:
Total funds brought forward			2,190,775	2,446	2,193,221	2,292648
Net movement in funds			(306,041)	28	(306,013)	(99,427)
Total funds carried forward		19	1,884,734	2,474	1,887,208	2,193,221

Consolidated Statement ofCash Flows
Forthe Year Ended 31March 2023
		2023f	2022f
Cash flows from operating activities
Net cash used in operating activities		(358,507)	20,413
Cash flows from investing activities
Dividends, interests and rents from investments		4,599	483
Purchase cftangible fixed assets		(42,003)
Purchase ofinvestments		(854,070)	(1,888,199)
Proceeds from the sale of investments		1,051,401	1,899,375
Cash movement on investment account		(89,060)	1,401
Net cash provided by investing activities		70,867	13,060
Change in cash and cash equivalents in	the year	(287,640)	33~73
Cash and cash equivalents at the beginning	ofthe year	584,441	550,968
Cash and cash equivalents at the end of	the year	296,801	584,441
The notes on pages 20to 40 form part ofthese financial statements

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
		6
Donations		261,290	135	261,425	272,588
Legacies		185,136		186,136	236,794
Government	grants				14,628
		446,426	135	446,561	523,990
Total 2022		523,590	400	523,990

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		E	E
Fundrsising		90,860	90,860	104,062
Lottery income		142,671	142,671	139,735
Sales ofmerchandise		6,279	6,279	5,751
Sales ofdonated	items	382,312	382,312	322,720
		622,122	622,122	572,268
Total 2022		572268	572,268

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		E	E
Dividends	and interest received	4,599	4,599
Total 2022		498	498

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		E	E	E
Insurance	claims received			84,383
Total 2022		64,383	84,383

			Unresh feted	Restricted	Total	Total
			funds	funds	funds	funds
			2023 6	2023f	2023f	2022
Fundraising	costs		250,257	107	250,364	211,509
Porffolio management		fees	12,920		12,920	13,044
Purchase for resale			1,895		1,896	4,155
Fundraising	staff costs	- wages and salaries	308,025		308,026	278,529
Fundraising	staff costs	- social security costs	21,107		21,107	18,565
Fundraising	staff costs	- pension costs	7,272		7,272	7,105
Depreciation			12,627		12,627	12,937
			614,103	107	614,210	545,845
Total2022			545,845		545,845

			Unrestricted	Total	Total
			funda	funds	funds
			2023	2023	2022
			6	6
Fundraising	costs
Rent, rates and utilities			110,296	110,296	85,520
Staff welfare,	training	and entertainment	2,024	2,024	2,300
Recruitment	costs		1,757	1,757	1,144
Travel expenses			1,998	1,998	766
Repairs and	renewals		4,243	4,243	2,286
Professional	fees		850	850
Audit and accountancy		fees	18,677	18,677	11,935
Fundraising	expenses	and event costs	48,690	48,690	48,883
ITand office	costs		28,855	28,855	25,981
Insurance			10,794	10,794	10,741
Subscriptions			2,338	2,338	2,478
Bank charges			11,782	11,782	9,378
Depreciation			(23,366)	(23,366)	9,012
Sundry costs			1,273	1,273	1,085
Total 2023			220,211	220,211	211,509

		Grant
		funding of	Total	Total
		activities	funds	funds
		2023 K	2023 K	2022f
Medway Community	Healthcare	724,092	724,092	689,677
Total 2022		889,677	689,877

Staffcosts
			Group	Group	Charity	Charity
			2023f	2022	2023	2022
Wages and	salaries		308,026	278,529	163,296	165,232
Social security costs			21,107	18,565	11,383	11,340
Contribution	to defined contribution	pension
schemes			7,272	7,106	4,770	5,109
			336,404	304,200	179~9	181,681

Group	Group	Charity	Chsniy
2023	2022	2023	2022
No.	No.	No.	No.
14	14	7

	Freehold	Leasehold	Fixtures and	Office
	property	costs	fittings	equipment	Total
	6		6
Cost
At 1 April 2022	378,448	8,596	113,714	7,213	507,971
Additions		1,760	38,002	2,241	42,003
At 31 March 2023	378,448	10,356	151,716	9,454	549,974
Depreciation
At 1 April 2022	98,029	6,077	65,512	5,530	175,148
Charge for the year	5,046	919	11,707	1,741	19,413
At 31 March 2023	103,075	6,896	77,219	7,271	194,561
Net book value
At 31 March 2023	275,373	3,360	74,497	2,183	355,413
At 31March 2022	280,419	2,519	48,202	1,683	332,823

	Freehold	Office
	property	equipment	Total
	K	6	5
Cost
At 1 April 2022	378448	7,213	385,661
Additions		2,241	2,241
At 31 March 2023	378,448	9,454	387,902
Depreciation
At 1 April 2022	$8,029	5,530	103,559
Charge for the year	5,046	1,741	6,787
At 31 March 2023	103,075	7,271	110,346
Net book value
At 31 March 2023	275,373	2,183	277,556
At31March 2022	280,419	1,683	262,102
Fixed asset investments
		Portfolio
		cash held by
	Listed	investment
	investments	manager	Total
Group and Charity	6	5	6
Valuation
At 1 April 2022	1,181,022	61,290	1,242,312
Additions	854,070	201,681	1,055,761
Disposals	(1,051,401)	(111,930)	(1,163,331)
Revaluations	(41,009)		(41,009)
At 31 March 2023	942,682	151,051	1,0$3,733

Investmen	ts comprise	the following:
			2023	2022
			E	6
Equities (listed)			650,937	528,052
Fixed interest			209,328	428,667
Balanced	management	fund		162,390
Cash			151,051	61,290
Alternative	investments		82/17	61,913
			1,093,733	'i,242,312

Stocks
						Group	Gmup	Charity	Charity
						2023 E	2022 f	2023	2022
Finished	goods	and	goods	for	resale	11,424	10,144	11,424	10,'144

		Group	Group	Charity	Charity
		2023 R	2022f	2023 5	2022f
Due within one year
Amounts owed by group undertakings				40,000	685
Other debtors		12,209	59,986	831	3,220
Prepayments	and accrued income	230,732	61,716	203,186	39,919
		242,941	121,702	244,017	43,824

17.	Creditors: Amounts	falling due within one year	falling due within one year
				Group	Group	Charity	Charity
				2023f	2022	2023 K	2022f
	Trade creditors			63,391	75,607	67,253	58,849
	Other taxation and social		security	6,593	5,055	6,593	5,055
	Other creditors			5,123	4,169	1,636	2,335
	Accruals and deferred	income		17,997	13,370	12,309	9,785
				113,104	98,201	67,991	76,024
16.	Financial instruments
				Group	Group	Charity	Charity
				2023 6	2022f	2023f	2022f
	Financial assets
	Financial assets measured		at fair value
	through income and expenditure			1,093,733	1,242,312	1,093,733	1,242,312

Statement of	funds - current	year
						Balance at
		Balance at 1			Gains/	31 March
		April 2022 E	Income	Expenditure	(Losses) f	2023
Unrestricted funds
General Funds		2,190,775	1,073,147	(1,338,195)	(40,993)	1,884,734
Restricted funds
D Hoskins fund		200				200
Mrs Jameson	fund	440		(72)		368
RWatts fund		1 133				1 133
LAvery fund		133				133
L Humphreys fund		50				50
D Swatton fund		350		(35)		315
Linda Richards	Art Therapy	140				140
P Hum phreys	fund		100			100
Curry's Sittingbourne			35			35
		2,446	135	(107)		2,474
Total offunds		2,193,221	1,073,282	(1,338,302)	(40,993)	1,887,208

						Balance at
	Ba/ance ai				Gainer	31March
	1April 2021f	Income f	Expenditure	f	(Losses)f	2022f
Unrestricted funds
General Funds - all funds	2290,603	1,160739	(1,235523)		(25044)	2,190,775
Restdcted funds
D Hoskins fund	200					200
Mrs Jameson fund	440					440
RWatts fund	1,133					1,133
LAvery fund	133					133
L Humphreys fund						50
D Swatton fund						350
Linda Richards Ari Therapy	140					140
	2,046	400				2,446
Total offunds	2292649	1,161,139	(1,235,523)		(25,044)	2 193,221

Summary	offunds - cu	rrent year
						Balance at
		Balance at 1			Gains(	31 March
		April 2022f	Income f	Expenditure f	(Losses) f	2023 K
General funds		2,190,775	1,073,147	(1,338,195)	(40,993)	1,884,734
Restricted	funds	2,446	135	(107)		2,474
		2,193,221	1,073,282	(1,338,302)	(40,993)	1,887,208

					Balance at
	Balance at			Gainsl	31March
	1April 2021f	Income f	Expenditure	(Losses) f	2022
General funds	2,290,603	1,160,739	(1,235,523)	(25,044)	2,190,775
Restricted funds	2046	400			2,446
	2,292649	1,161,139	(1,235,523)	(25,044)	2,193,221

Analysis ofnet assets between funds - current year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2023	2023	2023
		8	6
Tangible fixed assets	355,413		355,413
Fixed asset investments	1,093,733		1,093,733
Current assets	548,692	2,474	551,168
Creditors due within one year	(113,104)		(113,104)
Total	1,884,734	2,474	1,887,208
Analysis ofnet assets between funds - prior year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2022f	2022 6	2022 6
Tangible fixed assets	332,823		332,823
Fixed asset investments	1,242,312		1,242,312
Current assets	713,641	2446	716,287
Creditors due within one year	(98,201)		(98,201)
Tl	2,190,775	2446	2,193,221

							Group	Group
							2023	2022
							6
	Net expenditure forthe year (as per Statement ofFinancial Activities)						(308,013)	(99,427)
	Adjustments for:
	Depreciation charges						19,413	21,949
	Gains on	investments					40,993	25,044
	Dividends,	interests and rents			from investments		(4,599)	(498)
	Increase	in stocks					(1,280)	(5)
	Decrease/(increase)			in debtors			(167,939)	57,611
	Increase	in creditors					54,218	5,740
	Net cash	provided	by/(used		in) operating	activities	(365,207)	20,4'l3
23.	Analysis	ofcash and cash equivalents
							Group	Group
							2023	2022
	Cash in hand						296,801	554,441
	Total cash and cash equivalents						296,801	584,441
24.	Analysis	ofchanges		in net debt