#
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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers||
|Trustees'
report||||2- 11|
|Independent
auditors'|report|on the financial statements||12-15|
|Statement offinancial|activities|||16|
|Balance sheet||||17-18|
|Statement ofcash flows||||19|
|Notes to the financial|statements|||20- 36|
##
##
##
|Trustees|||Mrs SAziz (resigned|Mrs SAziz (resigned|22 May 2022)|22 May 2022)|22 May 2022)|
|---|---|---|---|---|---|---|---|
||||Mr BBrady|||||
||||Mrs J Brunner|||||
||||Mr D Datta (resigned||7 June 2022)|||
||||Dr V R Doel|||||
||||Mr M Holt (resigned||5 July 2022)|||
||||Mr P Booth (appointed|||16January 2023)||
||||Mrs S Kesari (resigned|||13December 2022)||
||||Mr C Peacock|||||
||||Mr P Caulfield|(appointed|||20June 2023)|
||||Mrs A Rows|||||
||||Mr P Taylor|||||
||||Mr SZindal (resigned|||2 September 2022)||
||||Ms H Edwards|(appointed|||20 June 2023)|
||||Mr R Rolls (appointed|||12|October 2022)|
||||Ms BWhittaker|(appointed|||5Apdl 2022)|
|Company|registered|||||||
|number|||01509313|||||
|Charity registered||||||||
|number|||509759|||||
|Registered||office|Femleigh|||||
||||384Woodborough||Road|||
||||Nottingham|||||
||||NG3 4JF|||||
|Company|secretary||Mrs M BHolmes|||||
|Independent||auditors|PKF Smith Cooper||Audit Limited|||
||||Statutory
Auditors|||||
||||2Lace Market|Square||||
||||Nottingham|||||
||||NG1 1PB|||||
|Bankers|||Barclays Bank|Pic||||
||||PO Box18|||||
||||High Street|||||
||||Nottingham|||||
||||NG1 6FF|||||
|Solicitors|||Freeths LLP|||||
||||Cumberland
Court|||||
||||80 Mount Street|||||
||||Nottingham|||||
||||NG16HH|||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2023
f.|2023f|2023f|2022f|
|Income from:||||||||
|Donations
and legacies|||3|540,799|220,988|761,787|1,638,032|
|Charitable
activities|||4|1,446,044||1,446,044|1,404,802|
|Raising funds|||5|1,068,025||1,068,025|973,863|
|Investments|||6|31,757||31,757|14,309|
|Total income||||3,086,625|220,988|3,307,613|4,030,806|
|Expenditure
on:||||||||
|Raising funds|||7|1,169,861||1,169,861|1,092,682|
|Charitable
activities|||8|2,356,609|271,134|2,627,743|2,679,218|
|Total expenditure||||3,526,470|271,134|3,797,604|3,771,900|
|Net (expenditure)/income||before net||||||
|(losses)/gains
on|investments|||(439,845)|(50,146)|(489,991)|258,906|
|Net (losses)/gains|on investments|||(75,067)||(76,087)|7,576|
|Net movement
in funds||||(515,932)|(50,146)|(566,078)|266,482|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||3,027,166|773,268|3,800,434|3,533,952|
|Net movement
in funds||||(515,932)|(50,146)|(586,078)|266,482|
|Total funds carried forward||||2,511,234|723,122|3,234,356|3,800,434|
##
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||||Note||2023f||2022
8|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||13||905,578||1,043,784|
|Investments|||14||947,062||1,015,498|
||||||1,852,640||2,059,282|
|Current assets||||||||
|Stocks||||8,236||895||
|Debtors|||15|305,509||607,200||
|Cash at bank and in|hand|||1,228,235||1,318,626||
|||||1,541,980||1,926,721||
|Creditors: amounts|falling|due within one||||||
|year|||16|(160,264)||(185,569)||
|Net current assets|||||1,381,716||1,741,152|
|Total assets less current||liabilities|||3,234,356||3,800,434|
|Total net assets|||||3,234,356||3,800,434|
|Charity funds||||||||
|Restricted funds|||20||723,122||773,268|
|Unrestricted
funds|||20||2,511,234||3,027,166|
|Total funds|||||3,234,356||3,800,434|
#
##
|||STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|
|||FOR THE YEAR ENDED 31 MARCH 2023|||
||||2023|2022|
|||||8|
|Cash flows from operating||activities|||
|Net cash|(used in)/provided|by operating
activities|(97,848)|440,684|
|Cash flows from investing||activities|||
|Dividends,|interests
and rents from investments||31,757|14,309|
|Proceeds|from the sale of property,
plant and equipment||8,300||
|Purchase|ofproperty,
plant|and equipment|(24,949)|(57,298)|
|Proceeds|from sale ofinvestments||190,856|139,535|
|Purchase|of investments||(198,507)|(639,535)|
|Net cash|provided
byi(used
in) investing
activities||7,457|(542,989)|
|Cash flows from financing||activities|||
|Net cash|provided
by financing
activities||||
|Change|in cash and cash|equivalents
in the year|(90,391)|(102,305)|
|Cash and cash equivalents||at the beginning
ofthe year|1,318,626|1,420,931|
|Cash and cash equivalents||at the end ofthe year|1,228,235|1,318,626|
|The notes on pages 20 to 36form part ofthese financial statements|||||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2023|2023|2023|2022|
|||5||5||
|Donations||78,852||78,852|42,382|
|Legacies||345,932||345,932|417,875|
|Other grants||116,015|220,988|337,003|577,399|
|Government|grants||||38,568|
|Hospice UK|grants||||561,808|
|||540,799|220,988|761,787|1,638,032|
##
||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023|2023|2022|
||||||F||6|
||Payments
from government
normal course oftrading||or public authorities|in the|1,446,044|1,446,044|1,404, 602|
|5.|Income from raising funds|||||||
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
||||F|||
|Shop income|||939,890|939,890|782,268|
|Warehouse|takings||1,460|1,460|23,779|
|Fundraising|-events||60,781|60,781|100,981|
|Lottery membership||income|65,894|65,894|66,835|
||||1,068,025|1,068,025|973,863|
##
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2023
E|2023
F|2022f|
|Income from listed investments|14,129|14,129|14,182|
|Bank interest receivable|17,628|17,628|127|
||31,757|31,757|14,309|
##
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
||||E||
|Costs ofgoods sold||10,615|10,615|4,085|
|Other direct costs||15,517|15,517|14,560|
|Establishment
costs||232,782|232,782|226,811|
|Repairs and maintenance||92,208|92,208|28,924|
|Depreciation
oftangible|fixed assets|24,221|24,221|26,796|
|Office expenses||16,970|16,970|30,766|
|Bank charges||5,687|5,687|3,473|
|Legal and professional|costs|13,392|13,392|20|
|Wages and salaries||461,365|461,365|491,252|
|Nl||35,938|35,938|35,516|
|Pension costs||14,333|14,333|16,313|
|||923,028|923,028|878,516|
##
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##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
||||6|||
|Cost offundraising||events|17,024|17,024|14,612|
|Other direct costs|||4,310|4,310|2,860|
|Office expenses|||10,272|10,272|12,210|
|Bank charges|||1,017|1,017|287|
|Administration|ofinvestments||8,144|8,144|5,542|
|Wages and salaries|||185,956|185,956|162,011|
|Nl|||14,485|14,485|11,774|
|Pension costs|||5,482|5,482|4,806|
||||246,690|246,690|214,102|
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||F|||
|Lottery|prizes|143|143||
##
||||Unrestricted|Restricted||||
|---|---|---|---|---|---|---|---|
||||funds|funds|Total||Total|
||||2023
6|2023|2023
f||2022|
|Provision|ofhospice|services|2,356,609|271,134|2,627,743|2,|679,218|
##
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|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2023|2023|2023|2022|
|||F|6|||
|Provision|of hospice services|1,828,596|799,147|2,627,743|2,679,218|
|Total 2022||1,985,336|693,882|2,679,218||
|Analysis|ofdirect costs|||||
|||||Total|Total|
|||||funds|funds|
|||||2023|2022|
|Staff costs||||1,596,179|1,660,262|
|Donations|made||||30,000|
|Depreciation||||108,890|113,885|
|Direct hospice services||||121,527|161,189|
|||||1,828,596|1,985,336|
##
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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2023|2022|
|||||||F||
|Staff costs||||||528,291|491,507|
|Depreciation||||||54,265|58,197|
|Auditors'|remuneration|||||16,158|13,383|
|Marketing||||||25,014|8,982|
|Legal and|professional|||||7,023|8,601|
|ITcosts||||||56,972|28,010|
|Sundry expenses||||||38,158|23,091|
|Premises|expenses|||||36,641|34,915|
|Recruitment||and training||||34,625|27,196|
|||||||799,147|693,882|
|Auditors'|remuneration|||||||
|||||||2023|2022f|
|Fees payable||to the Company's||auditor|for the audit ofthe Company's|||
|annual
accounts||||||11,050|9,000|
|Fees payable||to the Company's||auditor|in respect of:|||
|Non-audit|services: statutory||accounts||preparation|2,050|1,900|
##
##
|Staffcosts|||
|---|---|---|
||2023|2022|
||6|5|
|Wages and salaries|2,566,843|2,622,565|
|Social security|199,943|189,601|
|Other pension costs|77,243|81,275|
||2,844,029|2,893,441|
##
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##
|The average|number of persons employed
by the Compa|ny
during the year was as follows:||
|---|---|---|---|
|||2023|2022|
|||No.|No.|
|Management|&support staff|26|21|
|Clinical services||73|90|
|Retail services||24|27|
|||123|138|
|2023|2022|
|---|---|
|No.|No.|
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|||Short||||
|---|---|---|---|---|---|
|||leasehold|Plant and|||
||Freehold|and other|machinery|||
||interestin|interests
in|including|Fixtures,||
||land and|land and|motor|fittings and||
||buildings
6|buildings
6|vehicles
F|equipmentf|Total|
|Cost||||||
|At 1 Apdil 2022|2,096,761|89,165|132,476|764,669|3,083,071|
|Additions||||24,949|24,949|
|Disposals||(89,165)|(69,409)|(417,814)|(576,388)|
|At 31 March 2023|2,096,761||63,067|371,804|2,531,632|
|Depreciation||||||
|At 1 April 2022|1,203,528|89,165|118,065|628,529|2,039,287|
|Charge for the year|71,306||11,806|80,043|163,155|
|On disposals||(89,165)|(69,409)|(417,814)|(576,388)|
|At 31 March 2023|1,274,834||60,462|290,758|1,626,054|
|Net book value||||||
|At 31 March 2023|821,927||2,605|81,046|905,578|
|At 31Marcri 2022|893,233||14,411|136,140|1,043,784|
##
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|14.|Fixed asset|Investments|Investments|||||
|---|---|---|---|---|---|---|---|
||||||Listed|Cash||
||||||investments|deposits|Total|
||||||8|F|8|
||Cost or valuation|||||||
||At 1 April 2022||||1,000,945|14,553|1,015,498|
||Additions||||86,102|110,429|196,531|
||Disposals||||(80,612)|(108,268)|(188,880)|
||Revaluations||||(76,087)||(76,087)|
||At 31 March|2023|||930,348|16,714|947,062|
||Net book value|||||||
||At 31 March|2023|||930,348|16,714|947,062|
||At 31March|2022|||1,000,945|14,553|1,015,498|
|15.|Debtors|||||||
|||||||2023|2022|
|||||||8||
||Due within|one year||||||
||Trade debtors||||||17,430|
||Other debtors|||||83,496|63,731|
||Prepayments|and accrued income||||222,013|526,039|
|||||||305,509|607,200|
|16.|Creditors:|Amounts|falling due within one year|||||
|||||||2023|2022|
||Trade creditors|||||72,146|74,017|
||Taxation and social security|||||45,859|45,538|
||Obligations|under finance lease and hire purchase||contracts|||3,545|
||Other creditors|||||17,887|17,393|
||Accruals and deferred||income|||24,372|45,076|
|||||||160,264|185,569|
##
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||||2023
F|2022f|
|---|---|---|---|---|
|Not later than||1 year|67,431|89,667|
|Later than|1 year and not later than 5years||37,502|89,132|
||||104,933|178,799|
##
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|Statement offunds|-|cur|rent year|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Balance at|
|||||Balance at 1||||Gains/|31 March|
|||||Apdl 2022|Income|Expenditure
(Losses)|||2023|
||||||5||8|F||
|Unrestricted
funds||||||||||
|Designated
funds||||||||||
|Fixed assets||||290,518|24,949||(100,509)|-|214,958|
|Designated
Funds||||1,320,610|||(393,933)|-|926,677|
|||||1,611,128|24,949||(494,442)||1,141,635|
|General funds||||||||||
|General
Funds - all|funds|||1,416,038|3,061,676||(3,032,028)|(76,087)|1,369,599|
|Total Unrestricted|funds|||3,027,166|3,086,625||(3,526,470)|(76,087)|2,511,234|
|Restricted funds||||||||||
|Bathroom
refurbishments||||25,049|||(1,855)||23,194|
|Department
of Health||||518,930|||(36,930)||482,000|
|Dignity
in care||||109,040|||(10,146)||98,894|
|Horizons of Hope -|Phase||III|70,110|||(4,113)||65,997|
|Bereavement
Support|||||42,500||(10,000)||32,500|
|Hospice extension||||1,004|||(133)||871|
|Kitchen||||1,467|||(314)||1,153|
|The Lady Evelyn and||Sir|Joseph Pope|||||||
|Fund||||1,134|||(81)||1,053|
|Reception area refurbishment||||9,201|||(407)||8,794|
|Hospice night support||(previously||||||||
|PORT)|||||178,488||(178,488)|||
|Mobile digitalisation||||17,333|||(8,667)||8,666|
|Complementary
therapy||||20,000|||(20,000)|||
|||||773,268|220,988||(271,134)||723,122|
|Total offunds||||3,800,434|3,307,613||(3,797,604)|(76,087)|3,234,356|
##
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##
|Statement offunds|(continued)|(continued)|||||||
|---|---|---|---|---|---|---|---|---|
|Statement offunds|- prior year||||||||
||||At 1April|||Transfers|Gains'|At 31March|
||||2021|income|Expenditure|in/out|(Losses)|2022|
||||||6||||
|Unrestricted
funds|||||||||
|Designated
funds|||||||||
|Fixed assets|||366,468|31,298|(107,248)|||290,518|
|Designated
Funds||||561,808|(140,329)|899,131|-|1,320,610|
||||366,468|593,106|(247,577)|899,131||1,611,128|
|General funds|||||||||
|General
Funds - all|funds||1,466,282|3,027,573|(3,085,393)||7,576|1,41S,038|
|Total Unrestricted|funds||1,832,750|3,620,679|(3,332,970)|899,131|7,576|3,027,166|
|Restricted funds|||||||||
|Bathroom
refurbishments|||26,904||(1,855)|||25,049|
|Department
ofHealth|||555,860||(36,930)|||518,930|
|Dignity
in care|||119,186||(10,146)|||109,040|
|Horizons of Hope -|Phase|III|74,223||(4,113)|||70,110|
|Hospice extension|||1,137||(133)|||1,004|
|Kitchen|||1,781||(314)|||1,467|
|Small equipment|||2,049||('2,049)||||
|Lady Evelyn 8 SirJoseph||Pope|1,215||(81)|||1,134|
|PHE|||899,131|||I'899,131)|||
|Reception area refurbishment|||9,608||(407)|||9,201|
|Hospice night support|||7,602|360,117|(367,719)||||
|Mansfield
8 Ashfield|||1,829||(1,829)||||
|Other|||677||(677)||||
|Mobile digitalisation||||26,000|(8,667)|||17,333|
|Complementary
therapy||||24,010|(4,010)|||20,000|
||||1,701,202|410,127|(438,930)|(899,131)||773,268|
|Total offunds|||3,533,952|4,030,806|(3,771,900)||7,576|3,800,434|
##
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##
|Analysis of net assets between funds - current year||||
|---|---|---|---|
||Unrestricted|Restdcted|Total|
||funds|funds|funds|
||2023
E|2023f|2023
E|
|Tangible fixed assets|214,956|690,622|905,578|
|Fixed asset investments|947,062||947,062|
|Current assets|1,509,460|32,500|1,541,960|
|Creditors due within one year|(160,264)||(160,264)|
|Total|2,511,234|723,122|3,234,356|
|Analysis ofnet assets between funds - prior year||||
||Unrestncted|Restricted|Total|
||funds|funds|funds|
||2022|2022|2022|
|Tangible fixed assets|290,516|753,268|1,043,784|
|Fixed asset investments|1,015,498||1,015,498|
|Current assets|1,906,721|20,000|1,926,721|
|Creditors due within one year|(185,569)||(185,569)|
|Total|3,027,166|773,268|3,800,434|
##
##
##
##
||||||||||||2023f|2022f|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Net
(expenditure)/income|||for|the|year|(as per||Statement|of Financial|||
||Activities)||||||||||(566,078)|266,482|
||Adjustments
for.||||||||||||
||Depreciation
charges||||||||||163,155|172,082|
||Losses/(gains)
on investments||||||||||76,087|(7,576)|
||Dividends,
interests|and rents|||from|investments|||||(31,757)|(14,309)|
||Profit on the sale of|fixed assets|||||||||(8,300)||
||Increase
in stocks||||||||||(7,341)|(895)|
||Decrease in debtors||||||||||301,691|40,966|
||Decrease
in creditors||||||||||(25,305)|(16,0SS)|
||Net cash (used in)/provided||||by operating|||activities|||(97,848)|440,684|
|23.|Analysis ofcash and||cash|equivalents|||||||||
||||||||||||2023f|2022f|
||Cash
in hand||||||||||1,228,235|1,318,626|
||Total cash and cash||equivalents||||||||1,228,235|1,318,626|
|24.|Analysis ofchanges||in net|debt|||||||||
|||||||||||At 1 April||At 31 March|
|||||||||||2022|Cash flows|2023|
|||||||||||||F|
||Cash at bank and in|hand||||||||1,318,626|(90,391)|1,228,235|
||Finance leases|||||||||(3,545)|3,545||
|||||||||||1,315,081|(86,846)|1,228,235|