2023-03-31-accounts - The Heart Of Kent Hospice

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			Page
Reference and administrative details
Trustees' report
Independent	auditors' report		17
Consolidated	statement offinancial	activities	21
Consolidated	and charity balance sheets		22
Consolidated	statement ofcash flows		23
Notes to the	financial statements		24

Patron					Geraldine Allinson OBE	Geraldine Allinson OBE
					Marianna, Viscountess		Monckton			of Brenchley		(deceased 5July 2022)
Trustees					Ms A Millington (Chair)
					Mrs S G StC Cooper
					Mr R E Fedorcio OBE(resigned					14 November 2022)
					Mr G Hodnett (resigned		14	November 2022)
					Mrs E M Howe QBE
					Mr G Hunter (Deputy	Chair)
					Dr N Jegard Mr K A Kassem-Toufic		(appointed				14November		2022)
					Mr SR B Langworthy	(resigned 23 March 2023)
					Miss SPain
					Ms R Parris
					Mrs L Patte (resigned	14November					2022)
					Ms E Price
					Mr H TB Smith
					Mr SThompson
					Ms LVui
					Ms EJB White (appointed			14November 2022)
Company	registered			number	2184005
Charity registered			number		298164
Registered		office			The Heart of Kent Hospice
					Preston Hall
					Aylesford
					Kent
					ME20 7PU
Chief Executive Officer					Ms RStreet
Senior Management				Team	Mrs K Harrison, Patient Services Director Dr G Parker MBBS(Land) FRCP, Lead Medical								Consultant
					Ms A Kelly, Income Generation				Director
					Mrs K Dackombe, Finance			Director
Independent		Auditors			Lindeyer Francis Ferguson Limited North House, 198 High Street
					Tonbridge
					Kent
					TN9 1BE
Principal	Bankers				Barclays Bank pic Fremlin Walk
					Maidstone
					Kent
					ME14 1QG
Investment		Advisers			Newton Investment	Management
					BNY Mellon Centre
					160Queen Victoria	Street
					London
					EC4V 4LA

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
						As restated
		Note				E
Income from: Donations and legacies Charitable activities Other trading activities Interest receivable Other			3,409,251 775,191 1,740,155 43,061 1,505	151,613	3,560,864 775,191 1,740,155 43,061 1,505	4,362,921 366,593 1,722,648 889 3,038
Total			5,969,163	151,613	6,120,776	6,456,089
Expenditure on: Raising funds Charitable activities		7 8	2,142,311 3,779,994	135,310	2,142,311 3,915,304	1,972,515 3,520,744
Total			5,922,305	135,310	6,057,615	5,493,259
Net income before investments	net gains on		46,858	16,303	63,161	962,830
Net (losses) / gains	on investments		( 7,251)		( 7,251)	7,697
Net income before taxation			39,607	16,303	55,910	970,527
Taxation credit/(charge)			4,187		4,187	( 3,018)
Net income			43,794	16,303	60,097	967,509
Transfers between	funds		40,761	( 40,761)
Net movement in funds			84,555	( 24,458)	60,097	967,509
Reconciliation of	funds:
Total funds brought forward: As originally stated Prior period restatement		3	6,328,266 44,779	51,591	6,379,857 44,779	5,446,806 10,321
As restated			6,373,045	51,591	6,424,636	5,457,127
Total funds carried	forward		6,457,600	27,133	6,484,733	6,424,636

			Group	Group	Charity	Charity
			2023	2022	2023	2022
		Note		As restatedf		As restated
Fixed assets
Tangible assets Intangible assets Fixed asset investments		12 13 14	2,761,404 9,730 300,446	2,745,685 - 307,697	2,706,490 9,730 300,449	2,708,487 307,700
			3,071,580	3,053,382	3,016,669	3,016,187
Current assets
Stocks: finished goods for resale Debtors		15	13,246 963,093	11,734 889,412	2,151,776	1,671,983
Cash at bank and	in hand		3,094,845	3,160,435	1,652,229	2,190,941
			4,071,184	4,061,581	3,804,005	3,862,924
Creditors: amounts	falling due
within one year		16	( 658,031)	( 686,140)	( 445,802)	( 530,685)
Net current assets			3,413,153	3,375,441	3,358,203	3,332,239
Provisions for liabilities
Deferred taxation				( 4,187)
Total net assets			6,484,733	6,424,636	6,374,872	6,348,426
The funds ofthe charity: Unrestricted funds			6,457,600	6,373,045	6,347,739	6,296,835
Restricted funds			27,133	51,591	27,133	51,591
		17	6,484,733	6,424,636	6,374,872	6,348,426

					2023	2022
						As restated
			Note		E
Cash flows from operating activities: Net cash provided by operating activities					50,967	688,198
Cash flows from investing activities: Purchase oftangible fixed assets Purchase of intangible fixed assets Purchase ofinvestments Bank interest received					( 154,040) ( 9,730) 43,061	( 79,018) ( 300,000) 889
Net cash used in investing activities					( 120,709)	( 378,129)
Change in cash and cash equivalents in Cash and cash equivalents at the beginning		the year ofthe year			( 69,742) 3,154,407	310,069 2,844,338
Cash and cash equivalents at the end	of	the year			3,084,665	3,154,407
A. Reconciliation of net income to net	cash flow from
operating activities Net income Prior period adjustment Depreciation charges Gains / (losses) on investments Bank interest received (Increase) / decrease in stocks (Increase) in debtors Decrease in creditors (Decrease) / increase in provisions					60,097 138,321 7,251 ( 43,061) ( 1,512) ( 73,681) ( 32,261) ( 4,187)	967,509 10,321 143,615 ( 7,697) ( 889) 104,306 ( 233,927) ( 298,058) 3,018
Net cash provided by operating activities					50,967	688,198
B.Analysis ofcash and cash equivalents Cash at bank and in hand Overdraft facility repayable on demand					3,094,845 ( 10,180)	3,160,435 ( 6,028)
					3,084,665	3,154,407
C.Analysis ofchanges in net debt				Cash at bank	Overdrafts	Liquid investments
At the beginning ofthe year Cash flows Gains / (losses)				3,160,435 ( 65,590)	( 6,028) ( 4,152)	307,697 ( 7,251)
At the end ofthe year				3,094,845	( 10,180)	300,446

INCOMEFROMCHARITABLE ACTIVITIES
		2023	2022f
Performance-related grants and contractual Inpatient services Family support services Community services Education	income	297,779 7,050 422,348 48,014	281,382 842 51,492 32,877
		775,191	366,593
In the preceding period, income of 87,550 was restricted.
INCOME FROM OTHER TRADING ACTIVITIES		2023f	2022
Income from fundraising events Rent		116,144 1,200	24,680 9,453
Income from non-charitable trading activities: Lottery income Trading shops and ebay sales		312,254 1,310,557	341,784 1,346,731
		1,740,155	1,722,648
EXPENDITURE ON RAISING FUNDS		2023	2022f
Fundraising staff costs Direct costs offundraising Support costs allocation		405,021 185,405 235,160	370,294 72,693 191,637
Expenditure on non-charitable trading activities: Lottery expenditure Trading shops and ebay expenditure Shops staff costs Shops depreciation		138,040 609,732 550,894 18,059	136,839 687,487 496,453 17,112
		2,142,311	1,972,515

The following	adjustments	adjustments	adjustments	have been	made	to correct errors	to correct errors	in the prior period:
								Group	Group	Charity
									Effect on	Effect on
								Effect on	opening	opening
Detail								result E	reservesf	reserves E
Recognition	of	Gift	Aid	distributions	from	subsidiaries		for
which there	was	no legal		obligation as at 31		March	2021			( 304,742)
Recognition	of Retail		Gift	Aid at point	of sale			34,458	10,321	51,857
Reclassification		of listed		investments	from	current	assets	to
fixed assets	(8307,697)
								34,458	10,321	( 252,885)

INCOMEFROM DON	ATIONS AND LEGACIES
		2023	2022
		E
Donations		1,198,759	972,039
Wild in Art donations	and auction		352,839
Legacies Grants		763,039 1,131,137	696,687 967,670
Trusts and foundations		390,741	696,861
COVID-19funding Gifts in kind		33,682 43,506	676,825
		3,560,864	4,362,921

8	EXPENDITURE ON CHARITABLE ACTIVITIES	Direct	Direct staff	Support
		costs	costs	costs	Total
		2023	2023	2023 E	2023f
	Inpatient services Family support services Community services Education	169,230 10,941 8,992 369	1,570,858 218,869 745,700 75,112	693,056 91,530 300,584 30,063	2,433,144 321,340 1,055,276 105,544
		189,532	2,610,539	1,115,233	3,915,304
		Direct	Direct staff	Support
		costs	costs	costs	Total
		2022	2022	2022	2022
				E	E
	Inpatient services Family support services Community services Education	171,689 7,968 16,357 1,526	1,451,702 182,746 554,126 71,470	702,285 82,504 246,793 31,578	2,325,676 273,218 817,276 104,574
		197,540	2,260,044	1,063,160	3,520,744
9	SUPPORT COSTS			2023	2022
				E	E
	Support costs comprise: Support staff costs PR and communications Premises costs Insurance Repairs and maintenance ITcosts Depreciation Other overheads			660,495 69,232 88,375 19,071 89,687 126,533 120,262 74,048	599,712 53,888 91,408 15,947 64,457 150,005 126,504 84,277
	Governance costs: Legal and professional fees Audit and accountancy			85,222 17,468	59,759 8,840
				1,350,393	1,254,797

NETINCOME
		2023	2022
		E	E
Net income is stated after charging/(crediting):
Government grants Operating lease rentals Auditors' remuneration	for audit services	( 1,131,137) 282,893 13,500	( 967,670) 253,555 12,252
Auditors' remuneration	for non-audit services	2,350	4,022

STAFF CO	STS
						2023	2022
						E
Gross salaries						3,671,145	3,251,279
Employer's	National	Insurance	contributions			332,596	282,425
Employer's	pension	contributions				223,208	192,799
						4226 949	3726 503
The average	number	of persons		employed	by the group dudng the year was:	2023	2022
						No.	No.
Fundraising Inpatient services						12 42	11 41
Family support services Community services						8 14	7 14
Education						2	2
Management Finance						22 5	22 5
Catering Trading subsidiaries Dementia						8 30 5	7 26 4
Care homes						3
						151	139

The number of employees whose F60000was:	employment be	nefits (excluding em	ployer pen	sion contributio	ns) exceeded
,				2023	2022
				No.	No.
In the band F60,001-870,000
In the band 670,001 -880,000
In the band f80,001-890,000
In the bank 890,001-L'100,000
Pension contributions in respect of higher paid staff totalled 616,146(2022:815,011),
During the year, 15 (2022: 16) employees were scheme, 76 (2022: 73) under the NEST scheme, pension scheme, and 1 (2022: 1)under a clerical		accruing pensions 34 (2022:26) under medical scheme.	under the the NHS	defined contribution pension multi-employer defined benefit
TANGIBLE FIXEDASSETS
				Fixtures.
Group	Hospice building E	Freehold properlyf	Motor vehicles E	fittings 8. equipment E	Total
Cost At 1 April 2022 Additions Disposals	3,821,525 26,515	532,469	69,874	745,854 127,525 ( 25,213)	5,169,722 154,040 ( 25,213)
At 31 March 2023	3,848,040	532,469	69,874	848,166	5,298,549
Depreciation At 1 April 2022 Charge for the year Eliminated on disposal	1,670,121 74,366	63,896 10,650	64,617 5,257	625,403 48,048 ( 25,213)	2,424, 037 138,321 ( 25,213)
At 31 March 2023	1,744,487	74,546	69,874	648,238	2,537,145
Net book value At 31 March 2023	2,103,553	457,923		199,928	2,761,404
At 31 March 2022	2,151,404	468,573	5,257	120,451	2,745,685

Barclays Bank pic have a c Aylesford, Kent ME20 7NL.	harge over the prop	erty known as	Old Transport	Building Royal B	ritish I egion,
Charity	Hospice	Freehold	Motor	Fixtures. fittings S
	building	property	vehicles	equipment	Total
	E				E
Cost
At 1 April 2022	3,821,525	532,469	9,500	439,820	4,803,314
Additions	26,515			91,750	118,265
Disposals				( 4,615)	( 4,615)
At 31 March 2023	3,848,040	532,469	9,500	526,955	4,916,964
Depreciation
At 1 April 2022	1,670,121	63,896	7,125	353,685	2,094,827
Charge for the year	74,366	10,650	2,375	32,871	120,262
Eliminated on disposal				( 4,615)	( 4,615)
At 31 March 2023	1,744,487	74,546	9,500	381,941	2,210,474
Net book value
At 31 March 2023	2,103,553	457,923		145,014	2,706,490
At 31 March 2022	2,151,404	468,573	2,375	86,135	2,708,487

INTANGIBLE ASSETS
Group and Charity	Website 6
Cost
At 1 April 2022 Additions	9,730
At 31 March 2023	9,730
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value At 31 March 2023	9,730

Group 2023	Group 2022	Charity 2023	Charity 2022
	6
300,446	307,697	300,446	307,697

DEBTORS
		Group	Group	Charity	Charity
		2023	2022	2023	2022
Trade debtors		93,310	61,739	90,910	59,517
Amounts owed by group undertakings Other debtors		146,717	70,415	1,265,594 132,084	849,330 65,978
Prepayments	and accrued income	723,066	757,258	663,188	697,158
		963,093	889,412	2,151,776	1,671,983

CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE WITHIN	ONE YEAR
				Group	Group	Charity	Charity
				2023 E	2022 E	2023	2022f
Bank overdrafts				10,180	6,028
Trade creditors				187,208	155,362	117,795	95,514
Amounts	owed to group undertakings						19,736
Other creditors				88,575	70,080	87,049	69,581
Accruals	and deferred	income		372,068	454,670	240,958	345,854
				658,031	686,140	445,802	530,685
The movement on deferred			income is as follows:			2023	2022
						tt
Group Balance	at 1 April 2022					160,228	505,055
Released	to income					( 160,228)	( 505,055)
Received	in the year	and deferred				182,186	160,228
Balance	at 31 March	2023				182,186	160,228

MOVEMENT ON FUNDS	MOVEMENT ON FUNDS
			As restated
CURRENT YEAR			Brought forward E	incomef	Expenditure and tax	Transfers, gains/fossesf	Carried forward 8
Restricted funds Capital projects Inpatient unit			28,224 500	6,943 4,693	( 2,105) ( 4,693)	( 31,386)	1,676 500
Dementia and Community		Team	6,093	19,694	( 25,787)
Compassionate Neighbours			1,535	5,000	( 6,535)
Family Support Team Well Hospice UK MND support group Other	8 Living		5,647 9,592	24,264 45,791 10,200 35,028	( 19,536) ( 42,859) ( 10,200) ( 23,595)	( 2,932) ( 6,443)	10,375 14,582
			51,591	151,613	( 135,310)	( 40,761)	27,133
Unrestricted funds General fund			3,590,726	4,346,352	( 4,213,311)	( 92,248)	3,631,519
Designated funds: Fixed asset fund Trading subsidiary	fund		2,706,109 76,210	1,622,811	( 115,647) ( 1,589,160)	125,758	2,716,220 109,861
			6,373,045	5,969,163	( 5,918,118)	33,510	6,457,600
Totalfunds			6,424,636	6,120,776	( 6,053,428)	( 7,251)	6,484,733

MOVEMENT ON FU	NDS	continue	d
			Brought		Expenditure	Transfers,	Carried
PRIOR YEAR: As restated			forward	income	andtax	gains/losses	forward
			E	E	E	E
Restricted funds
Capital projects Inpatient unit			8,350 2,482	58,291 500	( 7,567) ( 2,482)	( 30,850)	28,224 500
Dementia and Community Compassionate Neighbours		Team	30,737 28,000	40,775 7,000	( 65,419) ( 33,465)		6,093 1,535
Family Support Team & Living Well			14,038	400	( 8,791)		5,647
Hospice UK			155,907	676,825	( 832,732)
MND support group Other				2,550 45,940	( 2,550) ( 36,348)		9,592
			239,514	832,281	( 989,354)	( 30,850)	51,591
Unrestricted funds
General fund			2,417,140	4,198,386	( 3,166,015)	141,215	3,590,726
Designated funds: Fixed asset fund			2,295,692			410,417	2,706,109
Trading subsidiary	fund		504,781	1,425,423	( 1,340,909)	( 513,085)	76,210
			5,217,613	5,623,809	( 4,506,924)	38,547	6,373,045
Total funds			5,457, 127	6,456,090	( 5,496,278)	7,697	6,424,636