2022-03-31-accounts - St Elizabeth Hospice

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Page:
2	Reference and administrative details
3	Chairman's report
4	Trustees' report (incorporating the Strategic Report)
24	Independent auditor's report
27	Consolidated statement of financial activities
`28`	Group and Charity balance sheets
30	Consolidated cash flow statement
31	Notes to the cash flow statement
`32`	Notes forming part of the financial statements

Age Category	Patients Cared For
Under18	11
18-25	22
Over 25	7
Grand Total	`40`

inancial Review
	Income	Expenditure	Contribution	2021
	(£OOO's)	(£000's)	(£000's)	(£00O's)
Cost of delivering hospice services		8,159	(8,159)	(7,883)
This cost is funding by the following sources:
Grants	6,821	o	6,821	7,335
Fundraising	1,766	930	836	865
Legacies	9,727		9,727	2,405
Lottery	452	184	268	283
Trading	4,156	4,161	(5)	(459)
Investment Income	202	38	164	170
Gains/Losses invalue ofinvestments	113	o	113	965
OtherIncome	116	116	o	(430)
Total Contribution	23,353	5,429	17,924	11,134
Net Surplus			9,765	3,251

Mrs Irene Argent	Mrs Jessica Arthur	Mrs Carol Ann Baker	Mrs Pamela Blatchley
Mrs Sheila Bugg	Mr Ian Bunting	Mrs Dorothy Burch	Mrs Patricia Burrage
Mrs Kathleen Clarke	Mr Bryan Clow	Mrs Joan Crane	Ms Mary Cresswell
Miss Margaret Curwen	Mrs Joyce Dumper	Mrs Rosemary Farrand	Mrs Ruth Felton
Mr Peter Grimwade	Mrs Muriel Hazard	Mr Eric Holton	Mr Roy Hubbard
Mrs Janet Jackaman	Mrs Winifred Jacobs	Mr Paul King	Mr John Lankester
Mrs Alexis Maddison	Mrs Patricia Marshall	Mrs Jacqueline May	Mrs Jean May
Mrs Elizabeth Moore	Mr Wylie Moore	Reverend Ian Morgan	Mr David Murphy
Mr Russell Parker	Ms Peggy Parker	Mrs Christine Pickering	Mrs Vivienne Quayle
Mr Laurie Rand	Miss Daphne Randle	Mr Raymond Rix	Mrs Hilda Rogers
Mr John Sadd	Mr David Seager	Mr Robert Seaman	Mrs Joyce Shaw
Lady Mary Sinclair	Mrs Eileen Stansfield	Ms Enid Stimpson	Mrs Sheila Thomas
Mr John Ware	Mrs M Waterhouse	Mr David Whittaker	Mr John Wilkinson
Mrs Alexander Wood	Miss Isobel Yonge

Designated Fund			Change		Amount
Building Refurbishment
Provision for office refurbishments to allow for updating of		the parts of the	Increased from £500,000		£3,500,000
Hospice most in need of updating and to create some	flexible space to		at March 2021
accommodate more modern methods ofworking.
Patient Services Projects
A number of planned investments in future patient services		where statutory	Increased from £1,065,000		£2,420,000
funding is not available. (Incorporates the Young Adults Project separately			at March 2021.
identified as a designated fund at March 2021)
Energy Efficiency & Carbon Neutral Investment
The Hospice recognizes investment is needed to ensure that the Hospice is			Newly created		£500,000
energy efficient and actively contributes to the reduction in carbon emissions			designated fund
Anticipated Future Deficits 2022-25
The Hospice does not anticipated operating at a breakeven position over the			Newly created		£1,700.,000
next 3 years due to inflationary and service pressures.			designated fund
It is assumed that a reserve will therefore need to make up this shortfall as the
Hospice works to move back into annual financial balance.
Legacy Deferral
In addition to the above Anticipated Future Deficitfund, Trustees have agreed			Additional legacy added		£1,177,000
to spread recognition of larger legacies over four financial	years for financial		and the release ofthe
planning purposes, so that the volatile nature of legacies		income can be	second year of legacies
smoothed. Based on three legacies notified in 2020/21 and	2021/22, there will		previously designated
be £1.177million deferred for release over the next 3 years.
Major Legacy Received in 2022
The Hospice was notified of a significant legacy, which	is	expected to be	Newly created		£7,650,000
received in 2022/23. Accounting rules mean thatthis needs to be recognised			designated fund
as income in 2021/22 since the amount can be reasonably		estimated. The
Trustees are now beginning discussions on how this significant investment
can be used to improve and expand services provided by the		Hospice
Retail Lockdown fund
This fund was established during the pandemic to offset potential losses from			Discontinue as a		£0
the adverse impact on the Hospice's retail activities. It is now deemed not to			designated fund at March
be required.			2022
Out of Hospital Project with ESNEFT
The Hospital has agreed to expand its outofhospital services		through working	Newly created		£690,000
with ESNEFT. This three-year project will begin in 2022.		Each party has	designated fund
committed £690,000 to the project, creating a projectwith a	combined budget
of£1.38m
Total Designated Funds				£17,637,000
t 31 March 2022 the Group's reserves were as follows.
				2022	2021
				£000	£000
Restricted Funds				166	253
Designated Funds
Fixed Asset Fund				5,413	5,870
Building refurbishment fund				3,500	500
Patient services fund				2,420	1,000
Energy efficiency & carbon neutral investment				500
Anticipated future deficits 2022-25				1,700
Legacies deferral				1,177	1,012
Major Legacy Received in 2022				7,650
Retail lockdown					550
Out of Hospital Project with ESNEFT				690
Service Development Fund (now consolidated into Patient Services fund)					65
Total Designated Funds				23,050	8,997
General fund				2,994	7,195

	Board of	Finance&	Governance	Income	Care &	People&
	Trustees	Investment	& Oversight	Generation &	Clinical	Culture
				Comms	Governance
Nick Banks	8/8
William Barnes	8/8
Pam Fenner	5/8
Nick Hatton	5/8
Ann Hogarth	8/8
Terry Hunt	7/8
Graham Mackenzie	5/8
Anthony Nicholl	7/8
Ann (Nina) Parkinson	5/8
Ian Turner	8/8
Resigned Trustees
Grainne Drummond	1/2
Mark Nicholls	1/6
New Trustees
John Pickering	2/3

		Unrestricted	Restricted		Unrestricted	Restricted
		Funds	Funds	2022	Funds	Funds	2021
		£	£	£	£	£	£
Income from donations, legacies
and grants	5	11,352,640	140,790	11,493,430	4,050,797	147,257	4,198,054
Income from charitable activities	6	5,106,811	1,714,261	6,821,072	4,493,613	2,841,853	7,335,466
Income from trading activities
Commercial trading		4,084,717		4,084,717	1,715,520		1,715,520
Lottery subscriptions		452,484		452,484	477,080		477,080
Other income		71,085		71,085	55,350		55,350
		4,608,286		4,608,286	2,247,950		2,247,950
Investment income	7	201,981		201,981	205,650		205,650
Other Income		115,946		115,946	894,809		894,809
Total income		21,385,664	1,855,051	23,240,715	11,892,819	2,989,110	14,881,929
Expenditure on:	8	5,421,867	7,505	5,429,372	4,712,997		4,712,997
Raising funds
Charitable activities:	8	6,224,521	1,934,410	8,158,931	5,064,396	2,818,274	7,882,670
Total expenditure	8	11,646,388	1,941,915	13,588,303	9,777,393	2,818,274	12,595,667
Net income from operational activities		9,739,276	(86,864)	9,652,412	2,115,426	170,836	2,286,262
Net gains/ (losses) on investments	11	113,186		113,186	965,372		965,372
Net movement in funds before
transfers		9,852,462	(86,864)	9,765,598	3,080,798	170,836	3,251,634
Transfers	17
Net movement in funds after transfers		9,852,462	(86,864)	9,765,598	3,080,798	170,836	3,251,634
Reconciliation of funds
Fund balances broughtforward		16,192,340	252,645	16,444,985	13,111,542	81,809	13,193,351
Fund balancescarried forward	17	26,044,802	165,781	26,210,583	16,192,340	252,645	16,444,985

		Group	Group	Charity	Charity
		2022	2021	2022	2021
	Note	£	£	£	£
Fixed assets
Tangible assets	10.1	5,311,241	5,723,990	5,297,453	5,723,990
Intangible assets	10.2	102,257	146,615	102,257	146,615
Investments	11	6,156,108	5,537,351	6,186,108	5,567,351
		11,569,606	11,407,956	11,585,818	11,437,956
Current assets
Stocks	13	91,792	72,611	5,760	6,554
Debtors	14	12,117,858	2,616,164	12,273,671	2,636,218
Cash at bank and in hand	15	7,663,953	4,397,247	7,649,593	4,395,388
		19,873,603	7,086,022	19,929,024	7,038,160
Creditors: amounts falling due
within one year	16	5,200,804	2,048,993	5,154,389	1,978,852
Net current assets		14,672,799	5,037,029	14,774,635	5,059,308
Provisions for liabilities	16.1	31,822		31,822
Net assets		26,210,583	16,444,985	26,328,631	16,497,264
General fund (unrestricted)		2,994,304	7,194,851	3,126,140	7,247,130
Designated funds (unrestricted)
Fixed assets fund		5,413,498	5,870,605	5,399,710	5,870,605
Building refurbishmentfund		3,500,000	500,000	3,500,000	500,000
Patient services projects fund		2,420,000	1,064,884	2,420,000	1,064,884
Future deficit offset		1,700,000		1,700,000
Legacies deferralfund		1,177,000	1,012,000	1,177,000	1,012,000
Major legacy received in 2022		7,650,000		7,650,000
Out ofhospital projectwith ESNEFT		690,000		690,000
Energy efficiency and carbon neutral		500,000		500,000
investments
Retail lockdown fund			550,000		550,000
Restricted funds		165,781	252,645	165,781	252,645
Total funds	17	26,210,583	16,444,985	26,328,631	16,497,264

	Note	2022	2021
		£	£
Net cash generated by/(used in) operating	A
activities		3,816,472	2,749,054
Cashflows from investing activities
Interest received		549	1,700
Income from fixed asset investments		201,431	203,950
Purchase of tangible fixed assets		(184,341)	(90,787)
Purchase of intangible fixed assets		(25,834)	(43,842)
Purchase of goodwill		(36,000)
Decrease/ (Increase) in investment cash		(11)	12,855
Proceeds from sale of fixed asset investments
Purchase of fixed asset investments		(505,560)	(16,310)
Net cash provided by investing activities		(549,766)	67,566
Change in cash and cash equivalents in the	B
reporting period		3,266,706	2,816,620
Cash and cash equivalents at the beginning of the
reporting period		4,397,247	1,580,627
Cash and cash equivalents at the end of the
reporting period		7,663,953	4,397,247

		2022	2021
		£	£
	Net expenditure forthe reporting period	9,652,413	2,286,262
	Investment income	(201,981)	(205,650)
	Depreciation, amortisation and loss on disposal	667,283	401,105
	Impairmentofgoodwill	36,000
	(lncrease)/decrease in stocks	(19,181)	13,734
	(Increase)/decrease in debtors	(9,501,694)	(616,032)
	(Decrease)/increase in creditors	3,183,632	869,635
	Net cash generated by/(used in) operating activities	3,816,472	2,749,054
B	Analysis of changes in net funds
		2022	2021
		£	£
	Operating net funds
	Cash and cash equivalents	4,397,247	1,580,627
	Changes in netfunds arising from:
	Cashflows ofthe entity	3,266,706	2,816,620
	Closing net funds
	Cash and cash equivalents	7,663,953	4,397,247

movement in funds
	2022	2021
	£	£
This has been arrived at after charging:
Depreciation	597,091	361,761
Amortisation	33,642	13,913
Impairment of goodwill	36,000
Loss on disposal of fixed assets		25,431
Government grants - Coronavirus Job Retention Scheme	4,214	635,151
Government grants - Business Rates Relief	105,531	259,656
Government Grants-Workforce Retention Grant	6,200
Operating lease payments - equipment	34,594	33,826
Operating lease payments - land and buildings	489,840	409,613
Auditor's remuneration - charity	17,950	17,875
Auditor's remuneration - subsidiaries	7,150	6,500
Auditor's remuneration- corporation tax fees	4,450	3,817
Auditor's remuneration- other	1,450	1,349

f costs
	2022	2021
	£	£
Salaries	8,817,642	8,606,836
Social security costs	738,197	719,222
Pension costs	647,121	616,314
	10,202,960	9,942,372

e yearwas as follows:
	2022	2021
	Number	Number
£60,001 -£70,000	3	4
£70,001 -£80,000	3	2
£80,000 - £90,000	4	1
£90,001 - £100,000	1	1
£100,000 -£110,000		2
£130,001 -£140,000		1
£140,001 -£150,000	1
	12	11

	2022	2021
	Full time	Full time
	equivalent	equivalent
Hospice services	143	142
Fundraising and publicity	19	21
Shops	64	59
Management and administration	53	47
	279	269

5	Income from donations and legacies
				2022		2021
	Unrestricted income:		£	£	£	£
	In memoriam			470,385		497,816
	Trusts			302,957		183,170
	Fundraising donations and other gifts			851,857		964,844
				1,625,199		1,645,830
	Restricted income:
	In memoriam		10,540
	Trusts		106,234		60,469
	Fundraising donations and other gifts		24,016		86,788
				140,790		147,257
				1,765,989		1,793,087
	Legacies-unrestricted	9,727,441			2,404,967
	Legacies-restricted
				9,727,441		2,404,967
				11,493,430		4,198,054
6	Income from charitable activities
					2022	2021
					£	£
	Unrestricted income: Grants (Ipswich & East Suffolk		CCG)		2,600,066	2,180,366
	Unrestricted income: Grants (GreatYarmouth & Waveney CCG)				1,662,120	1,440,531
	Unrestricted income: CCG COVID-19 related	Grant			844,625	872,716
	Restricted income: NHS England grant				1,677,421	2,642,892
	Restricted income: Grants				36,840	198,961
					6,821,072	7,335,466

	2022	2021
	£	£
Bank deposit and building society interest	550	1,700
Interest and dividends on listed investments	201,431	203,950
	201,981	205,650

Analysis of expenditure
Costs of raising funds	2022	2021
Fundraising	£	£
Fundraising expenses	631,265	641,613
Support costs	298,800	286,251
	930,065	927,864
Commercial trading
Trading costs	3,293,371	2,743,353
Support costs	983,038	811,859
	4,276,409	3,555,212
Lottery prizes and administration
Prizes and administration	162,819	175,727
Support costs	21,660	18,656
	184,479	194,383
Investment management costs	38,419	35,538
Total Costs of raising funds	5,429,372	4,712,997
Costs of charitable activities
Inpatient Unit
Patient care	2,649,206	2,985,498
Catering	174,841	204,516
Support costs	628,840	614,761
	3,452,887	3,804,775
Day Services
Patient care	424,034	279,251
Support costs	58,870	94,025
	482,904	373,276
Community
Patient care	2,378,734	2,221,532
Support costs	732,902	573,625
	3,111,636	2,795,157
Therapies and Wellbeing
Patient care	792,363	687,436
Support costs	319,141	222,026
	1,111,504	909,462
Total costs of charitable activities	8,158,931	7,882,670
Total expenditure	13,588,303	12,595,667

Support costs	allocation
	Finance &	Office	IT	HR	Property&	PR	Education	2022	2021
	legal	Mgmt			Depn			Total	Total
	£	£	£	£	£	£	£	£	£
Fundraising	31,825	40,873	47,975	27,380	118,444	15,577	16,726	298,800	286,251
Commercial trading	104,702	134,471	157,835	90,080	389,675	51,248	55,027	983,038	811,859
Lottery	2,307	2,963	3,478	1,985	8,586	1,129	1,212	21,660	18,656
Inpatient Unit	66,977	86,020	100,966	57,623	249,271	32,783	35,200	628,840	614,761
Day Services	6,270	8,053	9,452	5,395	23,336	3,069	3,295	58,870	94,025
Community	78,060	100,255	117,674	67,159	290,521	38,208	41,025	732,902	573,625
Therapies and	33,990	43,656	51,241	29,244	126,507	16,638	17,864	319,140	222,026
Wellbeing
	324,131	416,291	488,621	278,866	1,206,340	158,652	170,349	3,043,250	2,621,203

Group and Charity
	Freehold	Lease	Equipment,
	land and	property	fixtures and	Motor
	buildings		fittings	Vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2021	6,704,231		2,424,598	22,845	9,151,674
Additions		17,000	167,342		184,342
Disposals			(99,092)		(99,092)
At 31 March 2022	6,704,231	17,000	2,492,848	22,845	9,236,924
Depreciation
At 1 April 2021	1,665,696		1,739,143	22,845	3,427,684
Charge for the year	174,346	2,429	420,316		597,091
Eliminated on disposal			(99,092)		(99,092)
At 31 March 2022	1,840,042	2,429	2,060,367	22,845	3,925,683
Net written down value
At 31 March 2022	4,864,189	14,571	432,481		5,311,241
At 31 March 2021	5,038,535		685,455		5,723,990

Charity
	Freehold	Lease	Equipment,
	land and	property	fixtures and	Motor
	buildings		fittings	Vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2021	6,704,231		2,424,598	22,845	9,151,674
Additions		17,000	151,256		168,256
Disposals			(99,092)		(99,092)
At 31 March 2022	6,704,231	17,000	2,476,762	22,845	9,220,838
Depreciation
At 1 April 2021	1,665,696		1,739,143	22,845	3,427,684
Charge for the year	174,346	2,429	418,018		594,793
Eliminated on disposal			(99,092)		(99,092)
At 31 March 2022	1,840,042	2,429	2,058,069	22,845	3,923,385
Net written down value
At 31 March 2022	4,864,189	14,571	418,693		5,297,453
At 31 March 2021	5,038,535		685,455		5,723,990
10.2 Intangible fixed assets
Group and Charity

	Goodwill	Software	Total
	£	£	£
Cost
At 1 April 2021		180,642	180,642
Additions	36,000	25,834	61,834
Disposals		(36,550)	(36,550)
At 31 March 2022	36,000	169,926	205,926
Amortisation
At 1 April 2021		34,027	34,027
Charge for the year		33,642	33,642
Impairment loss	36,000		36,000
At 31 March 2022	36,000	67,669	103,669
Net written down value
At 31 March 2022		102,257	102,257
At 31 March 2021		146,615	146,615

Charity
	Software
	£
Cost
At 1 April 2021	180,642
Additions	25,834
Disposals	(36,550)
At 31 March 2022	169,926
Amortisation
At 1 April 2021	34,027
Chargeforthe year	33,642
At 31 March 2022	67,669
Net written down value
At 31 March 2022	102,257
At 31 March 2021	146,615

			Group		Charity
		2022	2021	2022	2021
		£	£	£	£
Investments in subsidiary undertakings				30,000	30,000
Long term	investments	6,156,108	5,537,351	6,156,108	5,537,351
		6,156,108	5,537,351	6,186,108	5,567,351

	Group and charity	Group and charity
	2022	2021
	£	£
Market value
At 1 April 2021	5,537,339	4,555,657
Additions	505,560	16,310
Disposals
Realised gains
Unrealised gains/(losses)	113,186	965,372
	6,156,085	5,537,339
Cash deposits	13	2
Hospice Quality Partnership	10	10
At 31 March 2022	6,156,108	5,537,351
Market value can be analysed as follows:
UK listed equities and unit trusts	6,156,085	5,537,339
Cash deposits	13	2
Hospice Quality Partnership	10	10
	6,156,108	5,537,351
The historical cost of long term investments can be analysed
as follows:
UK listed equities and unit trusts	3,186,208	2,680,648
Cash deposits	13	2
Hospice Quality Partnership	10	10
Cost at 31 March 2022	3,186,231	2,680,660

	2022	2021
	£	£
Turnover	398,883	111,920
Costofsales	(308,312)	(110,734)
Gross profit	90,571	1,186
Administrative expenses	(194,990)	(102,721)
Operating (loss)/profit	(104,419)	(101,535)
Tax on (loss)/profit	60,866	(866)
(Loss)/profit after tax and profit forthe year	(43,553)	(102,401)
Balance Sheet
	2022	2021
	£	£
Fixed assets	13,788
Current assets	146,898	66,057
Creditors: amounts falling due within one year	(259,051)	(120,869)
Total net (liabilities)/assets	(98,365)	(54,812)
Share capital	20,000	20,000
Reserves	(118,365)	(74,812)
	(98,365)	(54,812)

	2022	2021
	£	£
Turnover	741,983	696,900
Cost ofsales	(448,167)	(443,452)
Gross profit	293,816	253,448
Administrative expenses	(194,289)	(194,505)
Grants receivable	6,200	21,390
Operating profit	105,727	80,333
Tax on profit	(60,000)
Profit aftertax and forthe year	45,727	80,333
Balance Sheet
	2022	2021
	£	£
Currentassets	119,354	81,348
Creditors: amounts falling due within one year	(109,035)	(48,815)
Total net assets/(liabilities)	10,319	32,533
Share capital	10,000	10,000
Reserves	319	22,533
	10,319	32,533

								Group	Charity
							2022	2021	2022	2021
							£	£	£	£
Bought	in	goods	for	resale	and	consumables	91,792	72,611	5,760	6,554

tors
		Group	Charity
	2022	2021	2022	2021
	£	£	£	£
Trade debtors	2,303,015	346,603	2,206,496	273,583
Other debtors	98,254	48,941	97,389	48,942
Amount due from group undertakings			253,197	95,519
Prepayments and accrued income	9,716,589	2,220,620	9,716,589	2,218,174
	12,117,858	2,616,164	12,273,671	2,636,218

			Group	Charity	Charity
		2022	2021	2022	2021
		£	£	£	£
Cash	at bank	7,661,833	4,394,011	7,647,573	4,392,252
Petty	cash	2,120	3,236	2,020	3,136
		7,663,953	4,397,247	7,649,593	4,395,388

	Group		Charity
	2022	2021	2022	2021
	£	£	£	£
Trade creditors	167,665	139,245	167,665	139,245
Taxation and social security costs	193,618	152,584	193,618	152,584
Other creditors	356,406	94,703	353,004	91,303
Amountdue to group undertakings			8,475	4,024
Accruals	649,128	571,399	597,640	500,634
Deferred income	3,833,987	1,091,062	3,833,987	1,091,062
	5,200,804	2,048,993	5,154,389	1,978,852
Deferred income
Balance at 1 April	1,091,062	250,754	1,091,062	250,754
Additional amounts of income deferred	3,703,019	1,476,273	3,703,019	1,476,273
Amount released to income	(960,094)	(635,965)	(960,094)	(635,965)
Balance at 31 March	3,833,987	1,091,062	3,833,987	1,091,062

	Group		Charity
	2022	2021	2022	2021
	£	£	£	£
Balance at 1 April 2021
Provision made in the year	38,122		38,122
Balance at 31 March 2022	38,122		38,122

				Fixed	Investments	Other	net	net		Total	Total
				assets		assets
				£	£		£				£
General fund (unrestricted)					2,956,108	38,196			2,994,304
Designated funds (unrestricted)
Fixed assets fund				5,413,498					5,413,498
Building refurbishment fund					3,200,000	300,000			3,500,000
Patient services projects fund						2,420,000			2,420,000
Future deficit offset						1,700,000			1,700,000
Legacies deferral fund						1,177,000			1,177,000
Major legacy received in 2022						7,650,000			7,650,000
Out of hospital project with	ESNEFT					690,000				690,000
Energy efficiency and carbon		neutral				500,000				500,000
investments
				5,413,498	6,156,108	14,475,196			26,044,802
Restricted fund						165,781				165,781
				5,413,498	6,156,108	14,640,977			26,210,583
	Balance		at	Income	Expenditure	Transfers		Investment			Balance	at
		1 April							Gains		31 March
		2021									2022
			£	£	£	£			£			£
General fund (unrestricted)		7,194,851		21,385,664	(11,646,388)	(14,053,009)			113,186		2,994,304
Designated funds
(unrestricted)
Fixed assets fund		5,870,605				(457,107)					5,413,498
Building refurbishment fund		500,000				3,000,000					3,500,000
Patient services fund		1,064,884				1,355,116					2,420,000
Retail lock down fund		550,000				(550,000)
Future deficit offset						1,700,000					1,700,000
Legacies deferral fund		1,012,000				165,000					1,177,000
Major legacy in 2022						7,650,000					7,650,000
Out of hospital project with
ESNEFT						690,000					690,000
Energy efficiency and carbon
neutural investment						500,000					500,000
Total unrestricted funds		16,192,340		21,385,664	(11,646,388)				113,186		26,044,802
Restricted funds
Hospice UK				1,677,421	(1,677,421)
Various		252,645		177,630	(264,494)						165,781
		16,444,985		23,240,715	(13,588,303)				113,186		26,210,583

			Fixed	Investments	Investments	Other	net	Total	Total
			assets			assets
			£	£			£		£
General fund (unrestricted)				5,537,351		1,657,500		7,194,851
Designated funds (unrestricted)
Fixed assets fund			5,870,605					5,870,605
Building refurbishment fund						500,000		500,000
Patient services fund						1,000,000		1,000,000
Retail lock down fund						550,000		550,000
Legacies deferral fund						1,012,000		1,012,000
Service development fund						64,884			64,884
			5,870,605	5,537,351		4,784,384		16,192,340
Restricted fund						252,645		252,645
			5,870,605	5,537,351		5,037,029		16,444,985
	Balance	at	Income	Expenditure		Transfers	Investment		Balance	at
	1 April							Gains	31 March
	2020								2021
		£	£	£		£		£		£
General fund (unrestricted)	6,909,577		11,892,819	(9,777,393)	(2,795,524)			965,372	7,194,851
Designated funds
(unrestricted)
Fixed assets fund	6,137,081					(266,476)			5,870,605
Building refurbishment
fund						500,000			500,000
Patient services fund						1,000,000			1,000,000
Retail lock down fund						550,000			550,000
Legacies deferral fund						1,012,000			1,012,000
Service development fund	64,884								64,884
Total unrestricted funds	13,111,542		11,892,819	(9,777,393)				965,372	16,192,340
Restricted funds
Various	81,809		2,989,11 O	(2,818,274)					252,645
	13,193,351		14,881,929	(12,595,667)				965,372	16,444,985

	Fixed	Investments	Other net	Total
	assets		assets
	£	£	£	£
General fund (unrestricted)		2,986,108	140,032	3,126,140
Designated funds (unrestricted)
Fixed assets fund	5,399,710			5,399,710
Building refurbishment fund		3,200,000	300,000	3,500,000
Patient services projects fund			2,420,000	2,420,000
Future deficit offset			1,700,000	1,700,000
Legacies deferral fund			1,177,000	1,177,000
Major legacy in 2022			7,650,000	7,650,000
Out of hospital project with ESNEFT			690,000	690,000
Energy efficiency & carbon neutral investment			500,000	500,000
	5,399,710	6,186,108	14,577,032	26,162,850
Restricted fund			165,781	165,781
	5,399,710	6,186,108	14,742,813	26,328,631

	Balance at	Income	Expenditure	Transfers	Investment	Balance at
	1 April				Gains	31 March
	2021					2022
	£	£	£	£	£	£
General fund (unrestricted)	7,247,130	20,613,135	(10,808,090)	(14,039,221)	113,186	3,126,140
Designated funds (unrestricted)
Fixed assets fund	5,870,605			(470,895)		5,399,710
Building refurbishmentfund	500,000			3,000,000		3,500,000
Patientservices fund	1,064,884			1,355,116		2,420,000
Retail lock downfund	550,000			(550,000)
Future deficitoffset fund				1,700,000		1,700,000
Legacies deferral fund	1,012,000			165,000		1,177,000
Major legacy in 2022				7,650,000		7,650,000
Out of hospital projectwith ESNEFT				690,000		690,000
Energy efficiency & carbon neutral
investment				500,000		500,000
Total unrestricted funds	16,244,619	20,613,135	(10,808,090)		113,186	26,162,850
Restricted funds
Hospice UK		1,677,421	(1,677,421)
Various	252,645	177,630	(264,494)			165,781
Total Restrictedfunds	252,645	1,855,051	(1,941,915)			165,781
	16,497.,264	22,468,186	(12,750,005)		113,186	26,328,631

			Fixed	Investments	Investments	Net Current	Net Current	Total	Total
			assets			Assets
			£	£			£		£
General fund (unrestricted)				5,567,351		1,679,779		7,247,130
Designated funds (unrestricted)
Fixed assets fund			5,870,605					5,870,605
Building refurbishment fund						500,000		500,000
Patient services fund						1,000,000		1,000,000
Retail lock down fund						550,000		550,000
Legacies deferral fund						1,012,000		1,012,000
Service development fund						64,884			64,884
			5,870,605	5,567,351		4,806,663		16,244,619
Restricted fund						252,645		252,645
			5,870,605	5,567,351		5,057,308		16,497,264
	Balance	at	Income	Expenditure	Transfers		Investment		Balance at
	1 April						Gains		31 March
	2021								2022
		£	£	£		£		£	£
General fund (unrestricted)	6,939,788		11,205,727	(9,068,233)	(2,795,524)			965,372	7,247,130
Designated funds (unrestricted)
Fixed assets fund	6,137,081					(266,476)		-	5,870,605
Building refurbishment fund						500,000			500,000
Patient services fund				-		1,000,000		-	1,000,000
Retail lock down fund						550,000			550,000
Legacies deferral fund				-		1,012,000		-	1,012,000
Service development fund	64,884								64,884
Total unrestricted funds	13,141,753		11,205,727	(9,068,233)				965,372	16,244,619
Restricted funds
Hospice UK		-	2,642,892	(2,642,892)
Various	81,809		346,218	(175,382)					252,645
Total Restricted funds	81,809		2,989,110	(2,818,274)					252,645
	13,223,562		14,194,837	(11,886,507)				965,372	16,497,264

		Land &		Motor		Land &
	Equipment	buildings		Vehicles	Equipment	buildings
	2022	2022	2022	2021	2021	2021	2021
Operating lease	£	£	£	£	£	£	£
obligations:
Within one year	7,425	449,642	457,067	15,963	6,900	456,367	456,367
In one to two	7,425	298,418	305,843		6,900	329,019	329,019
years
In two to five	11,351	562,570	573,921		16,675	298,365	298,365
years
Over five years	88	69,125	69,213			87,687	87,687
	26,289	1,379,755	1,406,044	15,963	30,475	1,171,438	1,171,438

	Land and
	Buildings
	2022
Operating lease	£
obligations:
Within one year	28,500
In one to two years	28,500
In two to five years	85,500
Over five years	33,250
	175,750

	2022	2021
	£	£
Income from related parties:
Income from costs recharged to subsidiary undertakings	184,346	127,486
Gift aid from subsidiaries	67,941
Donations from Trustees	269	253
Costs from related parties	93,750	11,709
Balance due from subsidiary undertaking at 31 March	253,197	95,519
Balance due to subsidiary undertakings at 31 March	8,475	4,024

								Group	Charity	Charity
							2022	2021	2022	2021
							£	£	£	£
Instruments	measured	at	fair	value	through	SOFA	6,156,095	5,537,349	6,156,095	5,537,349

	Book Value	Fair value adjustment	Book Value
Fixed assets	35,000	(18,000)	17,000
Stock	968		968
Net assets	35,968	(18,000)	17,968
Goodwill			36,000
Total Consideration			53,968