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|CONTENTS|CONTENTS||||PAGES|
|---|---|---|---|---|---|
|Members ofthe Board||and professional
advisers||||
|Trustees Annual
Report|||||2 to 16|
|Independent|Auditor's
Report to the||Members||17to 19|
|Consolidated|Statement|ofFinancial|Activities (Incorporating|the||
|income and|expenditure|account)|||20|
|Consolidated|Statement|ofFinancial|Position||21|
|Consolidated|Statement|ofCash Flows|||22|
|Notes to the|Financial
Statements||||23to 34|
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|Registered|Charity|Name|Name|Francis House|Family|Trust|||||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity Number||||328659|||||||
|Company|Registration||Number|02519173|||||||
|Registered|Office|||390Parrswood|Road||||||
|||||Didsbury|||||||
|||||Manchester|||||||
|||||M20 5NA|||||||
|Trustees||||Christopher
Robers (Chair)|||||||
|||||Martin Lochery|||||||
|||||Dr Susan Kirk|||||||
|||||Dr Susan O' Halloran|||||||
|||||Judith Amosi-Khodadad|||||||
|||||Charles Ledigo|||||||
|||||Vijay Srivastava|||||||
|||||Dr Andrew Taylor|||||||
|||||Jane Kempler|||||||
|||||Aysha Rangrez|||||||
|||||Dr Edward Gastorowskt|||||||
|||||Rev Joseph Camey|||||||
|||||Eamonn O'Neal|||||||
|Secretary||||Rev'd David Ireland|||||||
|Auditor||||Champion
Accountants||LLP|||||
|||||Chartered
Accountants||&Statutory||Auditor|||
|||||I Worsley Court|||||||
|||||High Street|||||||
|||||Worsley|||||||
|||||Manchester|||||||
|||||M28 3NJ|||||||
|Bankers||||Yorkshire Bank
The Chancery||||The
P0|Co-operative
Box250|Bank|
|||||Spring Gardens||||Skelmersdale|||
|||||Manchester||||WN8 6WT|||
|||||M2 IYB|||||||
|Solicitors||||Pearson Solicitors &Financial|||Advisors||Ltd||
|||||Hollinwood
Business Centre|||||||
|||||Albert Street|||||||
|||||Oldham|||||||
|||||OL8 3QL|||||||
|investment|Advisors|||Redmayne
Bentley|||||||
|||||3 Hardman
Square|||||||
|||||Spinningfields|||||||
|||||Manchester|||||||
|||||M3 3EB|||||||
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|We have|purchased
new adjustable over bed tables.||||||
|---|---|---|---|---|---|---|
|Research carried out by Manchester
University
has shown
order to implement
this we have—||a need for us|to develop Psychotherapy|and emotional||support —in|
|i)|Converted
former storerooms
and offic to pmvide areception||and two soundpmof
consulting
rooms.||||
|ii)|Given
specialist
bespoke
training
to our bereavement
support
team
and the Shining|||Stars team|(ivho care for||
|bereaved|brothers
and sisters).||||||
|iii)|Established
anew group 'Shooting Stars" which|holds reunion|groups for older bereaved|siblings.|||
|iv)|We are recruiting
a qualified
clinical supervisor|who specialises|in working
with teenagers|and young|adults.||
|We have
residential|finally
been able to bring
into service the two
facilities).|new adapted|minibuses.
(The older minibus
will be|||used by the|
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|Reserve note||||
|---|---|---|---|
|Deficit budget|fund||8 8,000,000|
|Refurbishment|fund||5,000,000|
|Free reserves|||K 6493 829|
|Total unrestricted
designated||funds|819,493,829|
|Unrestricted
tangible fixed assets|||~87735 248|
|Total reserves||||
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||||Unrestricted||Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Restricted Funds|2023|2022|
|||Note|||8|f.|
|Income and endowments|||||||
|Donations
and legacies|||3,251,459|28,440|3,279,899|2,268,900|
|()ther trading activities|||1,468,869||1,468,869|1,332,998|
|Investment
income|||572,738||572,738|584,721|
|Total income|||5,293,066|28,440|5,321,506|4,186,619|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Costs ofraising donations|and||||||
|legacies||7|(423,378)||(423,378)|(344,272)|
|Costs ofother trading activities||7|(70,338)||(70,338)|(47,677)|
|Expenditure
on charitable|||||||
|activities||7|(5,499,683)|(21,900)|(5,521,583)|(4,722,768)|
|Total resources expended|||(5,993,399)|(21,900)|(6,015,299)|(5,114,717)|
|Net gains
/ (losses) on investments||9|(2,414,321)||(2,414,321)|654,508|
|Net income / (deficit)|||(3,114,654)|6,540|(3,108,114)|(273,590)|
|Net movement
in funds|||(3,114,654)|6,540|(3,108,114)|(273,590)|
|Reconciliation
offunds|||||||
|Total funds brought
forward|||30,272@91|64,900|30,337,191|30,610,781|
|Transfer offunds|||64,900|(64,900)|||
|Total funds carried forward|||27,222,537|6,540|27,229,077|30,337,191|
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|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
||||Note|2023|2022|2023|2022f|
|Fixed Assets||||||||
|Tangible assets|||14|7,735,248|7,179,947|7,726,438|7,170,041|
|Investments|||15|18,679,516|22,675,009|18,679,516|22,675,009|
|||||26,414,764|29,854,956|26,405,954|29,845,050|
|Current
Assets||||||||
|Debtors|||16|319,178|412,018|299,086|406,146|
|Cash at bank|and in hand|||795,774|384,670|786,923|367,072|
|||||1,114,952|796,688|1,086,009|773,218|
|Creditors: Amounts||falling due within one year|17|(300,639)|(314,453)|(263,866)|(281,814)|
|Net Current|Assets|||814,313|482,235|822,143|491,404|
|Total Assets|Less Current Liabilities|||27,229,077|30,337,191|27,228,097|30,336,454|
|Net Assets||||27,229,077|30,337,191|27,228,097|30,336,454|
|Funds ofthe|Charity|||||||
|Restricted funds||||6,540|64,900|6,540|64,900|
|Unrestricted|funds|||27,222,537|30,272,291|27,221,557|30,271,554|
|Total charity|funds||21|27,229,077|30,337,191|27,228,097|30,336,454|
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||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2023|2022f|2023|2022
f|
|Cash Flows from Operating
Activities|||||
|Net income/(deficit)|(3,108,114)|(273,590)|(3,108,357)|(274,231)|
|Depreciation
Net (gains) / losses on disposal ofinvestments
Fair value (gains) / losses on investments|471,044
429,079
1,985,242|430,433
(200,026)
(454,482)|461,305
429,079
1,985,242|423,024
(200,026)
(454,482)|
|Income from investments
Net (gain) / loss on sale oftangible assets|(572,738)
22,370|(584,721)
45,974|(572,738)
22,370|(584,721)
45,974|
|Changesin:|||||
|Trade and other debtors|92,840|(38,014)|107,060|110,905|
|Trade and other creditom|(13,814)|42,903|(17,948)|33,429|
|Net cash used in operating
activities|(694,091)|(1,031,523)|(693,987)|(900,128)|
|Cash Flows from Investing
Activities|||||
|Dividends,
interest and rents from investments
Purchase oftangible assets
Purchase ofother investments
Proceeds from sale oftangible assets
Proceeds from sale ofother investments|572,738
(1,049,215)
(4,744,952)
500
6,345,767|584,721
(661,596)
(2,873,085)
8,425
2,964,760|572,738
(1,040,572)
(4,744,952)
500
6,345,767|584,721
(650,545)
(2,873,085)
8,425
2,964,760|
|Net cash outflow /(inflow)
from other liquid investments|(19,643)|867,126|(19,643)|867,126|
|Net cash fiom investing
activities|1,105,195|890,351|1,113,838|901,402|
|Net increase / (decrease) ia cash and cash equivalents|411,104|(141,172)|419,851|1,274|
|Cash in hand and at bank at the beginning ofthe year|384,670|525,842|367,072|365,798|
|Cash in hand and at bank at the end ofthe year|795,774|384,670|786,923|367,072|
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|2022|
|||||||f|f|
|Donations||||||||
|Donations||||343,701|28,440|372,141|466,556|
|Legacies||||||||
|Legacies||||1,985,457||1,985,457|925,634|
|Grants||||||||
|Clinical Commissioning||Group Grants||130,790||130,790|129,575|
|NHS England|Hospice|Grant||791,511||791,511|613,401|
|NHSE Covid-19 grant||to|provide bed||||126331|
|capacity &community||support||||||
|Coronavirus|Job Retention||Scheme||||7,503|
|||||3,251,459|28,440|3,279,899|2,268,900|
##
|||||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds
f|2023|2022
f|
|Millennium||fund||1,882|1,882|2,089|
|Fundraising||events||599,258|599,258|515,286|
|Income from||residential|services|702,139|702,139|737,923|
|Shop income||||63,581|63,581|2,132|
|Christmas|cards|||18,883|18,883|20,144|
|Easter chick||appeal||54,380|54,380|33,446|
|Promotional
Festival of|goods
trees|||1,723
27,023|1,723
27,023|1,814
20,164|
|||||1,468,869|1,468,869|1,332,998|
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|||||Unrestricted|Total Fuads|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|2023|2022|
||||||f||
|Income|from|listed|investments|572,534|572,534|584,517|
|Income|from|cash|investments|204|204|204|
|||||572,738|572,738|584,721|
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|7.
COSTSOFEXPENDITUR|E ON CHARITAB|LE ACTIVI|TIES|||
|---|---|---|---|---|---|
|||||Total Funds|Total Funds|
||Fundraising|Shop|Francis Bouse|2023|2022|
|Staffcosts|231,395|27,063|3,236,129|3,494,587|3,016,929|
|Depreciation|||471,044|471,044|430,433|
|Rent||16,995|138,791|155,786|128,742|
|Rates a water||5,656|28,203|33,859|36,952|
|Light and heat
Repairs &maintenance||4,842|234,462
55,988|234,462
60,830|56,730
49,903|
|Insurance||1,074|50,667|51,741|64,113|
|Motor vehicle expenses|1,721|1,049|22,635|25,405|13,537|
|Travel and accommodation|||15,160|15,160|11,084|
|Consultancy|||180,184|180,184|182,250|
|Telephone|||26,143|26,143|25,622|
|Housekeeping|||208,336|208,336|163,108|
|Stafftraining
Staffrecruitment|||7,424
31,423|7,424
31,423|3,622|
|Events|168,710|||168,710|97,867|
|Printing,
postage and stationery|21,552|||21,552|28,908|
|Christmas
cards
Loss on disposal offixed asset||13,659|22,370|13,659
22,370|13,547
45,974|
|Share ofsupport costs (see note 8)
Share ofgovernance
costs (see|423,378|70,338|4,728,959
507,016|5,222,675
507,016|4,369,321
472,254|
|note 8)|||285,608|285,608|273,142|
||423,378|70,338|5,521,583|6,015,299|5,!14,717|
##
|||Support|Governance|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Costs
f|Costs|2023|2022
f|
|Staffcosts||360,024||360,024|337,675|
|Premises||92,642||92,642|79,714|
|Communications|and IT||40,154|40,154|32,343|
|General office||30,711|21,983|52,694|48,090|
|Printing,
postage|and stationery|23,639||23,639|22,898|
|Auditors fees|||18,600|18,600|18,600|
|Legal and professional|||93,122|93,122|80,496|
|Bank charges|||8,306|8,306|6,168|
|Investment
advice|||103,443|103,443|119,412|
|||507,016|285,608|792,624|745,396|
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||||||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|2023|2022|
||||||||f|
||Unrealised
Gains/(losses)
on listed investments
Gains/(losses)
on disposal ofinvestment
assets||||(1,985,242)
(429,079|(1,985,242)
(429,079)|454,482
200,026|
||||||(2,414,321)|(2,414,321)|654,508|
|10.|NET INCOME|||||||
||Net income|is stated ager|charging/(crediting):|||||
|||||||2023|2022|
||||||||f|
||Depreciation|oftangible fixed assets||||471,044|430,433|
||Foreign exchange differences|||||||
|||||||471,044|430,433|
##
||||2023|2022|
|---|---|---|---|---|
|||||f|
|Fees|payable for the audit ofthe financial|statements|18,600|18,600|
|Fees|payable to the trust's auditor and its|associates for other services:|||
|Fees|for accounting
services||15,000|15,000|
|Fees|for payroll services||1,290|1,470|
|Fees|for IT services||7,800|6,000|
||||24,090|22,470|
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|To|tal staff costs were ss follows:|||
|---|---|---|---|
|||2023|2022|
|Wages|and salaries|3,260,408|2,853,211|
|Social|security costs|337,914|274,973|
|Other|pension costs|256,289|226,420|
|||3,854,611|3,354,604|
|The ave
follows:|rage
num|ber
|of employees|during
the year, calculated|on the basis of full-time
equivale|nts,
was as|
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||No|No|
|Number|ofnursing|and|care staff||80|77|
|Number|offund-raising||staff||5|6|
|Number|ofolfice|and administration||staff|18|18|
||||||103|101|
|The num|ber ofemployees
whose remuneration
for the|year fell within the following
bands, were:||
|---|---|---|---|
|||2023|2022|
|660,000
f70,000|tof69,999
tof79,999|No
1
I|No
2|
|f80,000|tof89,999|1||
|||3||
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||Improvements|Freehold
land|Fixtures &|||
|---|---|---|---|---|---|
||to buildings|&buildings|Bttings|Motor vehicles|Total
f|
|Cost||||||
|At I April 2022|7,619,818|2,389,786|1,456,485|188,197|11,654,286|
|Additions|2,959|806,535|146,393|93,328|1,049,215|
|Disposals|(31,070)||(89,005)|(7,910)|(127,985)|
|At 31March 2023|7,591,707|3,196,321|1,513,873|273,615|12,575,516|
|Depreciation||||||
|At 1 April 2022|3,201,731|238,267|850,746|183,595|4,474,339|
|Charge for the year|256,623|97,818|102,359|14,244|471,044|
|Elimination
on disposals|(18,368)||(78,884)|(7,863)|(105,115)|
|At 31March 2023|3,439,986|336,085|874,221|189,976|4,840,268|
|Net Book Value||||||
|At 31March 2023|4,151,721|2,860,236|639,652|83,639|7,735,248|
|At 31 March 2022|4,418,087|2,151,519|605,739|4,602|7,179,947|
|Charity||||||
|---|---|---|---|---|---|
||Improvements|Freehold
land|Fixtures &|||
||to buildings|&buildings
f|fittings|Motor vehicles|Total|
|Cost||||||
|At 1 April 2022|7,619,818|2,389,786|1,426,160|188,197|11,623,961|
|Additions|2,959|806,535|137,750|93,328|1,040,572|
|Disposals|(31,070)||(89,005)|(7,910)|(127,985)|
|At 31March 2023|7,591,707|3,196,321|1,474,905|273,615|12,536,548|
|Depreciation||||||
|At 1 April 2022|3,201,731|238,267|830,327|183,595|4,453,920|
|Charge for the year|256,623|97,818|92,620|14,244|461,305|
|Elimination
on disposals|(18,368)||(78,884)|(7,863)|(105,115)|
|At 31March 2023|3,439,986|336,085|844,063|189,976|4,810,110|
|Net Book Value||||||
|At 31March 2023|4,151,721|2,860,236|630,842|83,639|7,726,438|
|At 31 March 2022|4,418,087|2,151,519|595,833|4,602|7,170,041|
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|Movement
in market value|||||
|---|---|---|---|---|
|||Cash or cash|Listed||
|Cost or valuation||equivalents|investments|Total
f|
|At 1 April 2022||150,884|22,524,125|22,675,009|
|Additions|||4,744,952|4,744,952|
|Disposals|||(6,774,846)|(6,774,846)|
|Net gains I(losses) on revaluations|in the year||(1,985,242)|(1,985,242)|
|Movement
on cash held in the year||19,643||19,643|
|At 31March 2023||170,527|18,508,989|18,679,516|
|Impairment|||||
|At 1 April 2022 and 31 March 2023|||||
|Carrying
amount|||||
|At 31March 2023||170,527|18,508,989|18,679,516|
|At 31 March 2022||150,884|22,524,125|22,675,009|
|All investments
shown above are held at valuation.|||||
|Financial assets held at fair value|||||
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||||8|f,|
|Amounts|owed by group undettakings||||26,480|
|Other debtors||63,274|49,129|63,274|49,129|
|Prepayments||255,904|362,889|235,812|330,537|
|||319,178|412,018|299,086|406,146|
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|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
||||f.||f|
|Trade creditors||96,700|156,248|92,962|151,955|
|Taxation|and social security|80,334|74,428|60,208|57,969|
|Other creditors||35,159|34,865|30,207|29,552|
|Amounts|owed by group undertakings|||9,752||
|Accrual s||88,446|48,912|70,737|42,338|
|||300,639|314,453|263,866|281,814|
##
||||2023|2022|
|---|---|---|---|---|
||||f|f|
|Not later|than|1 year|150,544|131,972|
|Later than|1 year and not later than 5 years||602,176|527,888|
|Later than|5 years||602,176|659,860|
||||1,354,896|1,319,720|
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|||||||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||I Apr 2022
f|Net Income|||Transfers|31Mar 2023
f|
|Donated equipment|||Fund|||64,900||6,540||(64,900)|6,540|
|ons|received|for restricted||purposes||are accounted
for within||restricted|reserves. Once funds||are expensed
for|
|ecific|purpose|ofthe|donation,||the funds are transferred
to||unrestricted
reserves|||||
|Unres|tricted|funds||||||||||
|||||||Balance at||Incoming|||Balance at|
|||||||I Apr 2022
f||resources||Transfers|31Mar 20223|
|General Funds||||||30,272,291||(3,114,654)||64,900|27,222,537|
##
||||||||||||Unrestricted|Unrestricted|Restricted|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||funds|funds|2023|
|||||||||||||f|||
||Tangible|fixed assets||||||||||7,735,248||7,735,248|
||Investments||||||||||18,679,516|||18,679,516|
||Current Assets|||||||||||1,108,412|6,540|1,114,952|
||Creditors|less than I||year||||||||(300,639)||(300,639)|
||Total Funds||||||||||27,222,537||6,540|27,229,077|
|22.|FINANCIAL INSTRUMENTS||||||||||||||
|The|carrying
amount for each category||||||offinancial||instrument||is as follows:||||
||||||||||||||2023|2022|
||||||||||||||f|f|
||Financial|assets that|||are debt instruments||||measured||at amortised|cost|||
||Financial|assets that||are debt instruments||||measured||at amortised cost|||10,170|10,000|
||Financial|instruments|||measured at fair|||value through|||profit and|loss|||
||Financial|instruments|||measured||at fair value||through|pmfit and loss|||18,508,989|22,524,125|
||Financial|liabilities||measured|||at amortised||cost||||||
||Financial|liabilities|measured|||at|amortised|cost|||||(115,493)|(109,293)|