Charlty reglstratlon number 511141
KEMP HOUSE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

KEMP HOUSE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs M Young CPFA
Mrs S Thompsorb
Mr D Rees
Mr J P Cadwallader
Charlty number
511141
Principal address
mfg Solicitors LLP
Adam House
Birmingham Road
Kidderminster
Worcestershire
DY10 2SH
Independent examiner
Orrnerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
The Co-operative Bank
6th Floor
1 Balloon Street
Manchester
M60 4EP
Scottish Widows Bank
PO BOX 883
Leeds
LS19TY
Solicitors
mfg Solicitors LLP
Adam House
Birmingham Road
Kidderminster
Worcestershi
DY10 2SH
Investment advlsors
Investec Wealth & Investment Limited (Rathbones)
30 Gresham Street
London
EC2V 7QN

KEMP HOUSE TRUST
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
7-17

KEMP HOUSE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024, which have
been subject to independent examination.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's trust deed, the Charities Act 2011 and "Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective from 1
January 2019).
Objectlves and actlvltles
Purposes and aims
The Declaration of Trust created on 6 May 1981 and subsequent amendrnents govern the Trust. A scheme to
update the constitution was agreed by the Charity Commission on 30 July 2013 and a further deed of variation
completed on 31 March 2014.
Our objeclives= To provide clinical, emotional and spiritual care with practical support for people, their families,
carers and the wider community who may be affected by serious life limiting illness within Kidderminster and district.
Our Activities: KEMP House Trust's principal current activity is to manage its investment portfolio and support Ihe
charitable activities of KEMP Hospice {formerly KEMP House Trust Limited, charity number 1146310 and company
number 7846810) by providing the hospi￿ building at a peppercorn rent and financial support in the form of grants.
The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity
has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key
activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also
helps the trustees ensure the charity's aims, objectives and activities remained focused on ils stated purposes.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public
benefil when reviewing the charity's aims and objectives and in planning its future activities. In particular. the
trustees Consider how planned activities will contribute to the aims and objectives that have been set.
Beneficlaries of our servlces
In the current year the Trust has made a grant of £351k to KEMP Hospice to enable it to adapt and continue its
support of people with life limiting illnesses, their families and carers including provision of a day hospice,
bereavement Gounselling for adults and children and support for carers. These services. provided free of charge to
service users. benefit both service users and the community as a whole.

KEMP HOUSE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
Financial review
The Trust's work is now almost entirely reliant on income and investment returns from its investment portfolio and
legacies.
The trustees work closely with Iheir investment advisors with the aim of creating a reserve that will grow at least in
line with inflation such that when called upon, its purchasing power will not have diminished.
In managing Ihe investment portfolio the trustees adopt a balanced strategy and a medium to long term investment
strategy of 5 to 10 years. Unlike 2022123, the trustees reverted to re-investing dividends as they arose rather than
drawing them down.
The truslees meet regularly with their investment advisors to review strategy and performance. The annual net
return achieved on listed investments during the year was 7.17/0 against a benchmark of 9.86 %, a considerable
improvement on 2022123 where the respective figures were-5.29 % and -3.95 %. Despite ongoing uncertainty. global
equity markets grew during the year which led to inflation falling slower than anticipated, whilst interest rates cuts
were pushed back into 2024125. A review during 2023124 confirmed that over the long term the value of the portfolio
had grown in real terms despile Ihe spike in inflation in recent years. The situation is under constant review.
Investment income totalled £74.1k in the year against £66.6k in 2022123.
Grants and contributions made during the year totalled £351 k (2023.. £50k).
Income from donations and legacies amounted to £2.4k (2023= £147.9k).
As of 31 March 2024 the fair value of fixed investments was £1.95m compared to £1.98m as at 31 March 2023. The
2024 figure includes £37.4k held by the investment broker pending reinvestment (2023- £20.1k).
Cash at bank at the year-end stood at £482.9k down from £577.5k (31 March 2023).
Net assets at 31 March 2024 were £2.24m (2023: £2.41 m).
Reserves policy and going concern
With net assets at £2.24m (2023.. £2.41 m) and net current assets at £198.9k (2023.. £337.7k) the finances of the
Trust remain healthy.
A medium risk approach is taken to investment and the holding is spread in terms of market sector and world
markets to minimise risk.
The trustees have reviewed the position on holdin9 reserves and have concluded that a specific policy is
inappropriate. The Trust's charitable purpose is to provide funding to other organisations whose activities meet Ihe
objeds of the Trust. It is not to build up substantial reserves. The Trust does not actively raise funds and over time
legacies and donations will dry up. The Trust has no direct employees and whilst creditors stand at £289k they are
covered more than 8 times by net assets. The financial position of the Trust is kept under review to ensure that we
can meet any commitments as they become due.
Of the £2.24m (2023.. £2.41m) funds held by the Trust at 31 March 2024 £1.9m (2023.. £2.1m) is for unrestricted
use. The £335k (2023: £335k) restricted funds a￿ for capital projects in the main.
Structure, governance and management
The organisation is an unincorporated charity registered as a charity on 6 May 1981 in England and Wales.
The charity is constituted under a trust deed dated 12 February 1981 and subsequent amendments. A scheme to
update the constitution was agreed by the Charity Commission on 30 July 2013 and a further deed of variation was
ompleted on 31 March 2014.
All trustees give their time voluntarily and receive no benefits from the charity.

KEMP HOUSE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Appointment of trustees
Trustees are elected or co-opted and the total number of trustees may not be les5 than three. New trustees are
deemed to be appointed by resolution of the board. The board of trustees can co-opt members for term5 determined
by the board at the time of their co-option. In appointing trustees the board look for individuals with relevant
experience and integrity.
Related parties and relationships with other organlsatlons
In pursuit of its charitable objectives, the trust provides funding to KEMP Hospice, a stand-alone charitable company
limited by guarantee. To assist in communication be￿een the organisations. a tnjsleeldirector of each organisation
meets from time to time to verify that funds are being utilised effectively in line with the Trust's objectives.
Statement of trustees, responssbilities
Law applicable to charities in England and Wales requires the trustees to prepare financial slalements for each
financial year which give a true and fair view of the charity's financial activities during the period and of its financial
position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should
follow best practice and:
Select suitable accounting policies and then apply them consisténtly
Observe the methods and principles in the Charities SORP
Make judgements and estimates that are reasonable and prudent
State whether applicable UK Accounting Standards and ststements of recommended practice have been
followed, subje¢t to any material departures disclosed and explained in the financial statements
Prepare the financial statements on the going ¢on¢ern basis unless it is inappropriate to presume that the
charity will continue in operalion.
The truslees are responsible for keeping proper accounting records Ihat disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial infonnation. Legislation
in the United Kingdom governing the preparation and dissemination of financial ststements may differ from
18gislation in other jurisdictions.
Th8 trustees, report was approved by the Board of Trustees.
Mrs M You
CPFA
Chalr of Trustees

KEMP HOUSE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF KEMP HOUSE TRUST
I report to the trustees on my examination of the financial statements of KEMP House Trust (the charity) for the year
ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011 {the 2011 Act).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(51(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the Gharity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
wilh Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in Connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Colm McGrory F
Ormerod Rutter Limited
The Oakley
Kidderminster Road
DroitwiGh
Worcestershire
WR9 9AY
Dated..21../0.1..12..02J

KEMP HOUSE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Investments
Other income
2.364
74,141
2,364
74,141
147,901
66,580
200
147,901
66,580
200
Total income
76,505
76,505
214,681
214,681
Expenditure on:
Raising funds
Charrtable activities
20.995
356,234
20,995
356.234
22,940
55,708
22,940
55,708
Total expenditure
377,229
377.229
78,648
78,648
Net gainsl(losses) on
investments
13
130,380
130,380
(153,044)
(153.044)
Net expendlture and
movement in funds
{170,3441
1170.344)
(17,011)
(17,011)
Reconciliation of funds:
Fund balances at 1 April 2023
2.078.260
335,422 2,413.682
2.095,271
335,422 2.430,693
Fund balances at 31 March
2024
1,907,916
335,422 2,243,338
2.078.260
335,422 2.413,682
The statement of financial activities includes all gains and losses re¢ognised in the year. All income and expenditure
derive from Continuing activities.

KEMP HOUSE TRUST
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
15
16
91,371
1,953,108
93.900
1,982,126
2,044,479
2.076,026
Current assets
Debtors
Short term deposits
Cash at bank and in hand
18
19
5,083
28.759
467
577,504
482,889
487,972
606,730
Creditors: amounts falllng due within
one year
20
{289.113)
1269,074)
Net current assets
198,859
337.656
Total assels less current liabilities
2,243,338
2,413.682
Income funds
Restricted funds
Unrestricted funds
21
335,422
1,907,916
335,422
2.078.260
2.243.338
2,413.682
The financial statements were approved by the Trustees on
Jo
bLJl..,.{.,..
Mrs M Youn
Chair of Trus
PFA
ees

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity Information
KEMP House Trust is a an unincorporated charity registered wilh the Charity Commission for England and
Walés.
The registered office address is clo mfg Solicitors LLP. Adam House. Birmingham Road. Kidderminster,
Worcestershire DY10 2SH
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Charities Act 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
("FRS 102") and the Charities SORP "Accounting and Reporting by Charities- Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accoLSnting
policies adopted are set out below.
Public benefit enlity
The Charity meets the definition of a public benefit entity under FRS 102.
1.2 Going concern
At the lime of approving Ihe financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of Iheir charitable
objectives.
Restricted funds are subject lo specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance ¢onditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donalion.
Legacies are recognised on receipt or othe￿iSe if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a
ontingent asset.

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified under the following activity headings..
Costs of raising funds relate to Ihe costs incurred by the charity in inducing third parties to make
voluntary contributions to it, as well as the cost of any activities with a fundraising purpose
Expenditure on charitable activities includes the costs of making grants to KEMP Hospice (formerly
KEMP House Trust Limited) undertaken to further the purposes of the charity and their associated
support costs Other expenditure represents those items not falling into any other heading
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Resources expended are allocated to the particular activity where Ihe Cost relates directly to that activity.
However, the cost of overall direction and administration of each activity, comprising the salary and overhead
costs of the central function, is apportioned on the following basis which are an estimate, based on staff time,
of the amount attributable to each activity.
Support and governance costs are re-allocated to each of the activities where applicable..
Raising funds 70/0
Grant - making activities 930/0
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently m8asured at cost or valuation, net of
depreciation and any impairment losses.
Items of equipment are capitalised where the purchase price exceeds £500.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold property
2°k on cosl
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Fixed asset Investments
Fixed asset investments are initially measured at Iransaction price excluding transaction costs, and are
subsequently measured al fair value al each reporting date. Changes in fair value are recognised in net
incomel{expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed assets
At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine
whether there is any indiGation that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss {if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.10 FinanGial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial inslruments are recognised in the charity's balance sheet when the charity becomes party to the
contraGlual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including Iransaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction. where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilltles
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitules a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if payment is due wilhin one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of flnan¢ial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.11 Provlslons
Provisions are recognised when the charity has a legal or Gonstructive present obligation as a result of a past
event, it is probable that the charity will be required to settle that obligation and a reliable estimate can b8
made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present
obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.
Where the effect of the time value of money is material. the amount expected to be required to settle the
obligation is recognised at present value. When a provision is measured at present value, the unwinding of
the discount is recognised as a finance cost in net incomel(expenditure) in the period in which it arises.
1.12 Leases
Rentals payable under operating leases. including any lease incentives received. are charged as an expense
on a straight line basis over the term of the relevant lease.
Rental income is recognised on a straight line basis over the term of the lease.

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Conlinued)
1.13 Grants payable
Grants payable are made lo third parties in furtherance of the charity's objects. Single or multi-year grants are
accounted for when either the recipient has a reasonable expeclation that they will receive a grant and the
trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that
they will receive a grant and that any condition attaching to the grant is outside of the control of the charity.
Provisions for grants are made when the intention to make a grant has been communicated lo the recipient
but there is uncertainty about either the timing of the grant or the amount of grant payable.
1.14 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.15 Short term deposits
Short term deposits includes cash balances that are invested in accounts with a maturity date of be￿een 3
and 12 months.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical expertence and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the rgvision affects both current and future
periods.
Income from donations and legacies
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
Legacies
364
2.000
1,316
146,585
2.364
147.901
10-

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Rental income
Income from listed investments
7,570
66,571
8,105
58,475
74,141
66,580
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Other income
200
Raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Raising funds
Support costs (see note 91
4.207
6,117
Investment management fees
16.788
16,823
20.995
22,940
Charitable activities
2024
2023
Grant funding of activities (see note 8)
351,000
50,000
Share of support costs (see note 9)
Share of governance costs (see note 9)
2,528
2,706
3,128
2,580
356,234
55.708
11

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
2024
2023
Grants to institutions:
Grant to KEMP Hospice
351,000
50.000
12-

LO O (N r
co a)
Ln CO
(NOOO
)(N

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Net movement in funds
2024
2023
Net movement in funds is stated after chargingl{crediting)
Depreciation of owned tangible fixed assets
Independent examiner's fees
2,528
2,706
2,528
2.580
11 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
12 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows: £Nil (2023.. £Nil).
13 Gains and losses on investments
Unrestricted Unrestricled
funds
funds
2024
2023
Gainsl{losses) arising on..
Revaluation of investments
130.380
(153,044)
14 Taxation
The charity is exempt from taxation on its a¢tivities because all its income is applied for Gharitable purposes.
14-

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Tangible flxed assets
Freeh¢ld
property
Cost
At 1 April 2023
126,403
At 31 March 2024
126,403
Depreclation and impairment
At 1 April 2023
Depreciation charged in the year
32,504
2,528
At 31 March 2024
35,032
Carrylng amount
At 31 March 2024
91,371
At 31 March 2023
93,900
All of the above assets are used for charitable purposes. KEMP House Trust granted a 99 year lease to KEMP
Hospice for the sole use of the building to deliver its Gharitable objectives. KEMP House Trust retain the title
absolute of the properly in Mason Road and it recognises only the retained interest in the freehold on its
balance sheet as the risks and rewards of ownership have been transferred to KEMP Hospice for the duration
of the lease.
16 Fixed asset investments
Listed
investments
Cash in
portfolio
Total
Cost or valuation
At 1 April 2023
Increaselldecrease) in year
1.962,033
{46.385)
20.093
17.367
1.982,126
129,018)
At 31 March 2024
1,915,648
37.460
1.953,108
Carrying amount
At 31 March 2024
1,915,648
37.460
1,953,108
At 31 March 2023
1.962,033
20,093
1,982.126
17 Financial instruments
2024
2023
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
1,915.648
1.962,033
15-

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Accrued income
2.363
2,720
158
28,601
5,083
28,759
19 Current asset Investments
2024
2023
Unlisted investments
467
20 Creditors: amounts falling due within one year
2024
2023
Trade Creditors
Other Creditors
Accruals and deferred income
3,000
283,407
2,706
266.494
2,580
289.113
269,074
21 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donatlons and grants held on trust
subject to specific conditions by donors as to how they may be used.
Movement
In funds
Incoming
resour¢e$
Movement
in funds
In¢tsming
Balance at
resources 31 March 2024
Balance at
1 April 2022
Balance at
1 April 2023
Capital projeds
335,422
335,422
335.422
Purpose of restricted funds
ital
ro
ects
This is a legacy received to be spent on capital projects for the benefit of the patients of KEMP Hospice.
16-

KEMP HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Unrestrlcted funds
The unrestricted funds of Ihe charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources
expended
Gains and At 31 March
losses
2024
General funds
2,078,260
76.505
(377,229)
130,380
1,907,916
Previous year:
At 1 Aprll
2022
Incoming
resources
Resources
expended
Gains and At 31 March
losses
2023
General funds
2,095,271
214,681
{78.648)
(153,0441
2.078,260
23 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(liabilities)
91,371
1.953,108
(136,5631
91,371
1.953,108
198,859
335,422
1.907,916
335,422
2.243,338
Unrestrtcted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Investments
Current assetsl(liabilities)
93,900
1,982,126
2.234
93,900
1,982,126
337.656
335,422
2,078.260
335,422
2.413.682
Related party transactions
There were no disclosable related paty transactions during the year.
17-