##
##
|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and Advisers|1-2|
|Trustees' report||||3-16|
|Independent|auditors'
report|on the financial statements||17-20|
|Consolidated|statement offinancial activities|||21|
|Consolidated|balance sheet|||22|
|Company
balance sheet||||23|
|Consolidated|statement ofcash flows|||24|
|Notes tothe|financial statements|||25-50|
##
|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE COMPANY, ITSTRUSTEES|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE COMPANY, ITSTRUSTEES|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE COMPANY, ITSTRUSTEES|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE COMPANY, ITSTRUSTEES|AND ADVISERS|AND ADVISERS|
|---|---|---|---|---|---|
|FOR THE YEAR ENDED||31 MARCH 2021||||
|Patron||Marianna,
Viscountess
Monckton of Brenchley||||
|Trustees||MrJ Barker-McCardle,
Chair||||
|||Mr CJ Collins (appointed
16November|2020)|||
|||Mrs SG StC Cooper (appointed
16November 2020)||||
|||Dr A M Dibble (resigned 16November|2020)|||
|||Mr R E Fedorcio OBE||||
|||Mr G Hodnett||||
|||Mrs E M Howe OBE||||
|||Mr G Hunter||||
|||Dr N Jegard (appointed
16November|2020)|||
|||Mr M G Kelvie (resigned
16November|2020)|||
|||Mr SR BLangworthy,
Honorary
Treasurer||||
|||Mrs J Lindsey (resigned 16November|2020)|||
|||Miss SPain (appointed
16November|2020)|||
|||Mrs L Potts, Deputy Chair||||
|||Mr H T BSmith (appointed
16November 2020)||||
|||Mrs V M Stoodley (resigned
16November
2020)||||
|||Mrs P Wilkins (resigned 16November|2020)|||
|Company
number|registered|2184005||||
|Charity registered
number||298164||||
|Registered|office|The Heart of Kent Hospice||||
|||Preston
Hall||||
|||Aylesford||||
|||Kent||||
|||ME20 7PU||||
|Chief executive officer||Mrs S Pugh
(left 14 May 2021) Rachel Street (appointed||as Interim|from 10 May|
|||2021)||||
|Senior management
team||Mrs K Harrison,
Patient Services Director
Dr G Parker MBBS(Lond) FRCP, Lead Medical Consultant||||
|||Ms A Kelly, Income Generation
Director||||
|||Ms RStreet, Finance Director||||
|Company|secretary|Mrs V M Stoodley (resigned
16November
2020)||||
##
|Independent|auditors|MHA Maclntyre|Hudson|
|---|---|---|---|
|||Maidstone||
|||United
Kingdom||
|Bankers||Barclays Bank pic||
|||Fremlin Walk||
|||Maidstone||
|||Kent||
|||ME14 1QG||
|Solicitors||Cripps LLP||
|||Number 22||
|||Mount Ephraim||
|||Tunbridge
Wells||
|||Kent||
|||TN4 8AS||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|||||
|Income from:|||||||
|Donations
and legacies|||3,302„672|1,279,062|4,581,734|2,680,707|
|Charitable
activities|||280,521||280,521|273,952|
|Other trading
activities|||886,747||886,747|2,229,036|
|Investments|||607||607|3,823|
|Other income|||233,575||233,575|243,640|
|Total income|||4,704,122|1,279,062|5,983,184|5,431,158|
|Expenditure
on:|||||||
|Raising funds||g|1,498,946||1,498,946|1,794,507|
|Charitable
activities||10|2,288,104|1,177,471|3,465,575|3,178,490|
|Total expenditure|||3,787,050|1,177,471|4,964,521|4,972,997|
|Net income before taxation|||917,072|101,591|1,018,663|458,161|
|Taxation|||2,385||2,385|(2,642)|
|Net income after taxation|||919,457|101,591|1,021,048|455,519|
|Transfers
between|funds|22|28,250|(28,250)|||
||||947,707|73,341|1,021,048|455,519|
|Net movement
in funds|||||||
|Reconciliation
offunds:|||||||
|Total funds brought
forward
Net movement
in funds|||4,259,585
947,707|166,173
73,341|4,425,758
1,021,048|3,970,239
455,519|
||||5,207„292|239,514|5,446,806|4,425,758|
##
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##
|||||2021|2020|
|---|---|---|---|---|---|
|Cash flows from operating||activities||||
|Net cash used
in operating|activities|||1,717,041|142,544|
|Cash flows from investing||activities||||
|Proceeds from the sale oftangible
fixed assets|||||600,000|
|Purchase oftangible
fixed assets||||(40,769)|(134,513)|
|Interest received||||607|3,823|
|Net cash (used in)/provided||by investing|activities|(40,162)|469,310|
|Cash flows from flnancing||activities||||
|Repayments
of borrowing|||||(550,898)|
|Net cash provided
by/(used||in) financing|activities||(550,898)|
|Change
in cash and cash|equivalents
in||the year|1,676,879|60,956|
|Cash and cash equivalents|at the beginning||ofthe year|1,167,459|1,108,503|
|Cash and cash equivalents||at the end of|the year|2,844,338|1,767,459|
|The notes on pages 25to 50||form part ofthese financial statements||||
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##
|Land and buildings|2% on buildings,|land not depreciated|
|---|---|---|
|Hospice building|2%||
|Motor vehicles|25%||
|Fixtures and fittings|20% -30%||
|Computer
equipment|33%||
##
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##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|Donations||1,273,759|11,000|1,284,759|
|Legacies||655,264||655,264|
|Grants||977,770|8,700|986,470|
|COVID-19|funding|324,862|1,059,241|1,384,103|
|Trusts||71,017|200,121|271,138|
|||3,302,672|1,279,062|4,581,734|
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020|2020|2020|
|Donations|623„905|94,605|718,510|
|Legacies|388,135||388,135|
|Grants|1,282,473|13,742|1,296,215|
|Trusts|63,717|214,130|277,847|
||2,358,230|322,477|2,680,707|
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021f|2020|
|Income|from|charitable|activities|280,521|280,521|273,952|
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||||f.||
|Hospice|fundraising|income|- events|35,833|35,833|131,657|
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021f|2021|2020|
|Lottery|income|||337,179|337,179|357,477|
|Trading|shops|and|ebay|513,735|513,735|1,739,902|
|||||850,914|850,914|2,097,379|
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020f|
|Interest|receivable|607|607|3,823|
##
|8.|Other incoming|Other incoming|resources||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2021|2021|2020|
||Insurance|claims|receivable|233,575|233,575||
||Profit on|sale of|tangible fixed assets|||243,640|
|||||233,575|233,575|243,640|
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
|Events and other|fundraising|costs|57,373|57,373|1'l8,164|
|Allocated
centrally|incurred|support costs|40,598|40,598|39,802|
|Wages and salaries|||279,728|279,728|307,619|
|Social security|||28,585|28,585|26,736|
|Pension
contributions|||9,851|9,851|10,327|
|Depreciation|||14,512|14,5'I2|21,782|
||||430,647|430,647|524,430|
##
##
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
||f.|F||
|Lottery expenditure|161,712|161,712|134,138|
|Trading shops and ebay expenditure|434,605|434,605|601,446|
|Staff costs|452,734|452,734|489,225|
|Depreciation|19,248|19,248|45,268|
||1,068,299|1,068,299|1,270,077|
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021
F|2021f|
|Inpatient services||1,680,155|993,747|2,673,902|
|Family Support services||183,518||183,518|
|Community|services|341,232|183,724|524,956|
|Education|department|83,199||83,199|
|||2,288,104|1,177,471|3,465,575|
##
##
##
|Summary|by fund type (continued)||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|Inpatient services||2,301,875|'/1,629|2,313,504|
|Family Support services||145,193|17,051|162,244|
|Community|services|526,797|108,464|635,261|
|Education|department|53,739|13,742|67,481|
|||3,027,604|150,886|3, 178,490|
##
||||||Total|
|---|---|---|---|---|---|
|||Staff costs|Depreciation|Other costs|funds|
|||2021|2021|2021|2021|
||||f.|||
|Inpatient services||2,063,371|85,919|524,612|2,673,902|
|Family Support services||155,819|6,185|21,514|183,518|
|Community|services|424,439|21,893|78,624|524,956|
|Education|department|72,441|2,804|7,954|83,199|
|||2,716,070|116,801|632,704|3,465,575|
||||||Total|
|||Staffcosts|Depreciation|Other costs|funds|
|||2020|2020|2020|2020|
|Inpatient services||1,763,395|96,088|454,021|2,313,504|
|Family Support services||132,720|6,739|22,785|162,244|
|Community|services|535,335|26,384|73,542|635,261|
|Education|department|58,225|2,803|6,453|67,481|
|||2,489,675|'l32,014|556,801|3,178,490|
##
##
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2021|2021|2021|
|Inpatient services||2,195,762|478,140|2,673,902|
|Family Support services||149,096|34,422|183,518|
|Community|services|403,115|121,841|524,956|
|Education|department|67,594|15,605|83,199|
|||2,815,567|650,008|3,465,575|
|||Activities|||
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2020|2020|2020|
|Inpatient services||1,928,650|384,854|2,313,504|
|Family Support services||135,254|26,990|162,244|
|Community|services|529,585|105,676|635,261|
|Education|department|56,254|11,227|67,481|
|||2,649,743|528,747|3,178,490|
##
##
##
|||Family||||
|---|---|---|---|---|---|
||Inpatient|Support|Community|Education|Total|
||services|services|services|department|funds|
||2021
f.|2021
f|2021
f|2021
f|2021|
|Staff costs|151,915|10,936|38,711|4,958|206,520|
|Depreciation|85,919|6,185|21,893|2,804|116,801|
|Professional fees|2,593|187|661|85|3,526|
|Audit and accountancy fees|4,832|348|1,231|158|6,569|
|IT Support|94,130|6,776|23,987|3,072|127,965|
|Premises costs|56,328|4,055|14,355|1,839|76,577|
|Other support costs|34,004|2,449|8,665|1,109|46,227|
|Repairs and maintenance|48,419|3,486|12,338|'1,580|65,823|
||478,140|34,422|121,841|15,605|650,008|
|||Family||||
|---|---|---|---|---|---|
||Inpatient|Support|Community|Education|Total|
||sefvrces|services|services|department|funds|
||2020|2020|2020|2020|2020|
|Staff costs|113,170|7,936|3'/,075|3,301|155,482|
|Depreciation|96,088|6,739|26,384|2,803|132,014|
|Professional fees|11,541|809|3,169|337|15,856|
|Audit and accountancy fees|4,061|285|1,115|118|5,579|
|IT Support|42,137|2,955|11,570|1,229|57,891|
|Premises costs|43,567|3,056|11,963|1,271|59,857|
|Other support costs|41,995|2,945|11,532|1,226|57,698|
|Repairs and maintenance|32,295|2,265|8,868|942|44,370|
||384,854|26,990|105,676|11,227|528,747|
##
##
##
##
|||2021|2020|
|---|---|---|---|
|Fees payable to the Company's
auditor|for the audit ofthe Company's|||
|annual
accounts||6,875|5,708|
|Fees payable to the Company's
auditor|in respect of:|||
|The audit ofthe Heart of Kent Hospice|Promotions
Limited annual accounts|2,063|3,009|
|The audit ofthe Heart of Kent Hospice|Trading
Limited annual accounts|4,688|2,283|
|All taxation
advisory services not included
above||1,875|1,250|
|All non-audit
services not included
above||3,950|2,750|
##
##
##
|Staff costs||||||||
|---|---|---|---|---|---|---|---|
|||||Group
2021|Group
2020|Company
2021|Company
2020|
|Wages and salaries
Social security costs||||3,019,886
288,428|2,889,432
247,319|2,609,722
262,955|2,447,740
218,549|
|Contribution
schemes|to defined|contribution|pension|178,654|186,831|161,557|168,068|
|||||3,486„968|3,323,582|3,034,234|2,834,357|
##
##
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||No.|No.|
|Fundraising|||||11|11|
|Inpatient services|||||39|42|
|Community||services|||13|15|
|Education|department||||2|2|
|Management||(including|clinical manager|and facilities team)|20|17|
|Family support services|||||8|7|
|Finance|||||5|6|
|Catering|||||7|9|
|Trading companies|||||25|26|
|Dementia|||||3||
||||||133|135|
|Group|Group|
|---|---|
|2021|2020|
|No.|No.|
##
##
##
##
|||||Fixtures|||
|---|---|---|---|---|---|---|
||Hospice|Freehold|Motor|and|Computer||
||Building|Property|vehicles|fittings|equipment|Total|
|||f.|E||||
|Cost orvaluation|||||||
|At 1 April 2020|3,821,525|532,469|69,874|1,403,079|13,910|5,840,857|
|Additions||||39,559|1,210|40,769|
|Dlsposals||||(180)||(180)|
|At 31 March 2021|3,821,525|532,469|69,874|1,442,458|15,120|5,881,446|
|Depreciation|||||||
|At 1 April 2020|1,522,313|42,598|45,290|1,300,640|9,943|2,920„784|
|Charge for the year|73,904|10,649|9,664|53,754|2,589|150,560|
|On disposals||||(180)||(180)|
|At 31 March 2021|1,596,217|53,247|54,954|1„354,214|12,532|3,071,164|
|Net book value|||||||
|At 31 March 2021|2,225,308|479,222|14,920|88,244|2,588|2,810,282|
|At 31March 2020|2,299,212|489,871|24,584|102,439|3,967|2,920,073|
##
##
##
||Hospice|Freehold|Motor|Fixtures and||
|---|---|---|---|---|---|
||Building|property|vehicles|fittings|Total|
|Cost or valuation||||||
|At 1 April 2020|3,821,525|532,469|9,500|1,025,697|5,389,191|
|Additions||||33,559|33,559|
|Disposals||||(180)|(180)|
|At 31 March 2021|3,821,525|532,469|9,500|1,059,076|5,422,570|
|Depreciation||||||
|At 1 April 2020|1,522,313|42,598|2,375|944,488|2,511,774|
|Charge for the year|73,904|10,649|2,375|44,3&4|131,312|
|On disposals||||(180)|(180)|
|At 31 March 2021|1,596,217|53,247|4,750|988,692|2,642,906|
|Net book value||||||
|At 31 March 2021|2,225,308|479,222|4,750|70,384|2,779,664|
|Af31March 2020|2,299,212|489,871|7,125|81,209|2,877,417|
##
##
##
##
||Company|||
|---|---|---|---|
||Cost or valuation|||
||At 1 April 2020|||
||At 31 March 2021|||
||Net book value|||
||At 31 March 2021|||
||At 31March 2020|||
|17.|Stocks|||
|||Group|Group|
|||2021|2020|
||Finished goods and goods for resale|116,040|109,286|
|18.|Debtors|||
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2021
f.|2020|2021
f|2020|
|Due within one year||||||
|Trade debtors||80,328|36,956|62,424|10,296|
|Amounts
owed by group undertakings||||238,76&|258,775|
|Other debtors||18,973|55,989|15,733|32,445|
|Prepayments|and accrued income|556,184|545,784|503,426|238,129|
|||655,485|638,729|820,351|539,645|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||f.||||
|Bank overdrafts||6,920|11,322|||
|Trade creditors||156,575|170,837|107,154|103,703|
|Other creditors||79,610|74,694|79,244|74,291|
|Accruals and deferred|income|741,985|160,704|605,530|32,041|
|||985,090|417,557|791,928|210,035|
##
##
|Group and Co|mpany|||
|---|---|---|---|
|||2021f|2020|
|At the beginning|ofthe year|3,554|912|
|(Credit)/Charge|for the year|(2,385)|2,642|
|||1,169|3,554|
|The deferred|tax liability is made up as follows:|Group|Group|
|---|---|---|---|
|||2021|2020|
|Accelerated|capital allowances|(1,169)|(3,554)|
|||(1,169)|(3,554)|
##
##
##
##
##
|||Balance at 1|||||Balance at|
|---|---|---|---|---|---|---|---|
|||April 2020||||Transfers|31 March|
|||(restated)|Income|Expenditure|Taxation|in/out|2021|
|||F|f.|||f.|f.|
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Fixed asset fund||2,376,915||||(81,223)|2,295,692|
|General funds||||||||
|General
fund||1,636,433|3,305,128|(2,685,751)||414,215|2,670,025|
|Trading||||||||
|subsidiary|fund|246,237|1,398,994|(1,101,299)|2,385|(304,742)|241,575|
|||1,882,670|4,704,122|(3,787,050)|2,385|109,473|2,911,600|
|Total||||||||
|Unrestricted||||||||
|funds||4,259,585|4,704,122|(3,787,050)|2,385|28,250|5,207,292|
|Restricted||||||||
|funds||||||||
|Restricted|Funds|||||||
|- all funds||166,173|1,279,062|(1,177,471)||(28,250)|239,514|
|Total offunds||4,425,758|5,983,184|(4,964,521)|2,385||5,446,806|
##
##
|Statement|offund|s - prior year||||||
|---|---|---|---|---|---|---|---|
|||||||As restated|Balance at|
|||Balance at||||Transfers|31March|
|||1April 2019|Income|Expenditure|Taxation|inlout|2020|
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Fixed asset fund||2,412,245||||(35,330)|2,376,915|
|General funds||||||||
|General fund||'/,262,499|2,755,986|(3,552,034)||1,169,982|1,636,433|
|Trading
subsidiary|fund|264,007|2,352,695|(1,270,077)|(2,642)|(1,097,746)|246,237|
|||1,526,506|5,108,681|(4,822, 111)|(2,642)|72,236|1,882,670|
|Total||||||||
|Unrestricted
funds||3,938,751||(4,822,111)|(2,642)|36,906|4,259,585|
|Restricted||||||||
|funds||||||||
|Restricted|Funds|||||||
|- all funds||31,488|322,477|(150,886)||(36,906)|166,/73|
|Total offunds||3.970,239|322,477|(4,972,997)|(2,642)||4,425,758|
##
##
|Analysis|ofnet assets||between funds -current year||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||||Z|
|Tangible|fixed assets|||2,810,282||2,810,282|
|Current assets||||3,383,269|239,514|3,622,783|
|Creditors|due within one year|||(985,090)||(985,090)|
|Provisions|for liabilities|and charges||(1,169)||(1,169)|
|Total||||5,207,292|239,514|5,446,806|
|Analysis|ofnet assets||between funds - prior year||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2020|2020|2020|
|Tangible|fixed assets|||2,920,073||2,920,073|
|Current assets||||1,760,623|166,173|1,926,796|
|Creditors|due within one||year|(417,557)||(417,557)|
|Provisions|for liabilities|and charges||(3,554)||(3,554)|
|||||4,259,585|166,173|4,425,758|
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|payments|und|er non-cancellable
operating
leases as follows:|||
|---|---|---|---|---|
||||Group|Group|
||||2021|2020|
|Not later than||1 year|256,172|261,045|
|Later than|1 year and not later than 5years||492,712|627,192|
|Later than|5years||18,042|303,539|
||||766,926|1,191,776|
|Group|Group|
|---|---|
|2021|2020|
|F||
|251,667|280,809|
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|Names||Company
number|Company
number|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Class of
shares|Holding|
|---|---|---|---|---|---|---|---|---|
|Heart of Kent Hospice||03233475||Preston
Hall, Aylesford,|||Ordinary|100%|
|Promotions|Limited|||Maidstone,|Kent, ME20 7PU||||
|Heart of Kent Hospice Trading||02547686||Preston
Hall, Aylesford,|||Ordinary|100o/|
|Limited||||Maidstone,|Kent, ME20 7PU||||
|The financial|results ofthe subsidiaries||for|the year were:|||||
|Names||||Income|Expenditure|Profit/(Loss)||Net assets|
|||||f.|||ISurplusl|f.|
|||||||(Deficit) for|||
||||||||the year||
|Heart of Kent Hospice Promotions||||337,191|(126,157)||211,034|3,106|
|Limited|||||||||
|Heart of Kent Hospice Trading||Limited||1,064,188|(975,142)||89,046|238,472|