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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|||||||||
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||||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|
##
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|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|
##
##
|17|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|
##
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