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2021-03-31-accounts

Page
Trustees'
Annua
I Report		 1-16
Auditor's
Report		 17-18
Consolidated
Statement of Financial Activities		 20
Charity Statement of Financial Activities 21
Consolidated
and Charity Balance Sheet		 22
Consolidated
Cash Flow Statement		 23
Notes to the Accounts 24-42

What we committed we committed to do in 2020-21 to do in 2020-21 to do in 2020-21 How we performed
Open our Community Services Centre at The Apley rehabilitation
centre was
Bicton and rehabilitation centre at Apley. successfully
opened
in June 2020.
After an unsurprising
Covid associated
delay in completion,
the new facility at
Bicton opened
in February 2021 and
accepted its first patients
in March 2021.
Within the build
is a new venture
'Refresh' our first cafe.
The new facilities support
our strategy for
community
services within the concept of
'Living Well'.
Determine the future inpatient
service model,		 During 2021we piloted
a more equal split
specifically the number of beds required on ofbeds across the two sites. This pilot
each site to meet demand and support choice. aimed to address pressures
on capacity
and resulting
longer waiting times at
Apley.
Our activity data has been closely
monitored
throughout
and now supports
this as the model going forward.
In light ofCovid-19 monitor the impact ofthe There is no doubt that the pandemic
has
pandemic on the hospice finances and take had a significant
negative
impact on our
remedial
action where necessary		 ability to raise funds.
With the closure of
our 28 shops and restrictions
on other
fundraising
activities we were predicting		 a
significant
deficit.
Our strong reserves position
and access
to the range ofgovernment
support
schemes mitigated
this and we have
ended the financial year in a very positive
position.
It is important
to recognise that the
impact ofcovid will run through the
current financial year and it is important
to monitor income closely and protect our
reserves position
Secure the level of funding level of funding level of funding required to meet to meet We anticipate the reinstatement
of
the demand on services and support specific previous
fundraising
activities including
service developments. retail. We will also be exploring
new
income generating
ideas. To maximise		 our
income and maintain
healthy
reserves		 we
will not be progressing
further
capital
projects
in the short term.
Engage the newly formed single CCGto secure There is a great deal ofchange and
an appropriate
financial		 contribution through uncertainty
within the local CCG including
robust commissioning contracts. the need to appoint
a new CEO. We will
be monitoring
this to identify
new
contacts and establish
regular
engagement
with the overall
aim of
raising the profile and understanding of
the hospice and its place in the local
healthcare
economy.
Continue to invest
in		 successful income Although
the impact on retail generally		 is
streams
such as retail, lottery, and legacies.		 still not known there are no indications to
In addition, explore new income generating change our retail strategy for growth. We
possibilities including virtual activities will watch this landscape
closely and
progress with caution.
Virtual events		 in
the fundraising
area contributed
welcome
donations
when normal
activities could
not be held.
Research into new income
streams
are progressing.

2020-21Sources ofGroup 2020-21Sources ofGroup Income Costof Income Net YoofTotal YoofTotal
Income Raising Funds ofCosts of Net Net
E Generation Income Income
E 2020-21 2019-20
Donations & Legacies 2,756,419 686,388 2,070,031 21Yo 35Yo
Shops, Projects, Lottery, Events 2,418,968 2,484,302 (65,334) (1Yo) 22Yo
Total Fundraising
Activities		 Sr175r387 3,170,690 2,004,697 20Yo 579o
Charitable Activities 3,950,997 0 3,950,997 39Yo 40%
Investment &Other 210,129 42,974 167,155 2Yo 3Yo
Covid related grants 3,883,693 0 3,883,693 39Yo OYo
Total 13,220,206 3,213,664 10,006,542 1OOYo 1OOYo

Mrs J Beard (Vice-Chair) Mrs J Beard (Vice-Chair) (6,3,8)
Mrs SBroomhead (5)
Mr P Coackley (1,5)
Mr A Cordery (Chair - retired 9.9.20) (1,3,4,7,8)
Mr P Donohue (1,6)
Mrs AJohnson (5)
Mrs Z Oliver (1,5,7)
Dr D Ryan (2,4)
Mrs B-ATweedie (2,4)
Dr W-J Walton (2,4)
Mr J Wardle (1,3)
Mrs G de Wet (retired 10.12.20) (6)
Mrs J Whitford (Chair from 9.9.20) (1,4,5)
Mr FYates (3,5,9)

Forthe Year En ded 3 1March 2021
Unrestricted Funds
General Designated Restricted Total Funds Total Funds
Funds
2021 2021 2021 2021 2020
E E E E E
Income From: Note
Donations
and legacies:
Donations 1,334,292 139,756 1,474,048 1,543,467
Legacies 1,036,383 1,036,383 1,822,001
Grants from Charitable Trusts 128,966 117,022 245,988 641,668
2,499,641 266,778 2,766,419 4,007,136
Charitable
Activities		 4a 1,909,272 2,041,726 3,950,997 3,714,395
Covid Related Grants 4b 1,486,611 2,398,182 3,883,693
Other trading activities:
Lottery sa 1,240,438 1,240,438 1273 195
Projects Sb 145,420 145,420 171,273
Shops Sc 903,882 903,882 3,114,990
Fundralsing
events		 Sd 129,228 129,228 304,972
2,418,968 2,418,968 4,864,430
Investments 166,044 166,044 245,838
Other 44,086 44,085 75,451
Total Income 8,623,521 4,696,685 13,220,206 12,907,260
Expenditure
on:
Raising Donations, Legacies and Grants 9 686,388 686,388 761,157
Other trading
activities:
Lottery Sa,9 350,540 350,540 415,286
ProJects 55,9 104,301 104,301 84,093
Shops Sc,9 2,017,447 2,017,447 2,134,249
Fundraising
events		 56,9 12,014 12,014 92,649
Investment
management		 costs 42,974 42,974 41911
Costs of raising funds 3,213,664 3,213,664 3,530,345
In patient care 1,980,475 2,597,628 4,578,103 4,790,486
Day care 1,049,907 I04,320 1,154,227 1,191,396
Hospice Outreach 547,179 410,376 957,555 965,544
Hospice at home 49,833 1,205,357 1,255,190 1,1L6,705
Education
and research		 101,930 22,430 124,360 120,400
Hospital services 69,612 57,256 126,868 156,246
Lymphoedema 43,237 70,224 113,461 123,247
Social Work & Chaplaincy 296,544 1,000 297,544 334 124
Expenditure
on charitable		 activities 4,138,717 4,468,691 8,607,308 8,798,148
Total expenditure 7,362,381 4,468,691 11,820,972 12,328,493
Net income for the
funds before gains		 year and net movements
and losses on Investments		 in 1,171,140 228,094 1,399,234 578,767
Net gains/(losses)
on investments		 11 2,024,771 2,024,771 (702,045)
Net Income/(expenditure) for the year 3,196,911 228,094 3,424,006 (123,278)
Transfers between funds 16,
17		 295,491 (245,962) (49,529)
Net movement
in funds		 3,491,402 (245,962) 178,565 3,424,005 (123,278)
Reconclllotlon offunds:
Total funds brought forward 9,922,181
13,244,478		 51,740 23,218,399 23,341,677
Total funds carried forward 13,413,683
12,998,516		 230,306 26,642,404 23,218,399

Unrestricted Unrestricted Funds
General Designated Restricted Total Funds Total Funds
Funds
2021 2021 2021 2021 2020
E E E E E
Income From: Note
Donations
and legacies:
Donations 1,288,880 139,756 1,428,636 1,516,600
Legacies 1,036,383 1,036,383 1,822,001
Grants from Charitable Trusts 128,966 117,022 245,988 641,668
2,464,229 266,778 2,711,007 3,9$0,269
Charitable
Activities		 4a 1,909,272 2,041,725 3,950,997 3,714,395
Covld Related Grants 4b 1,467,133 2,398,182 3,866,316
Other trading activities:
Lottery Sa 951,709 951,709 885,126
Projects Sb 44,315 44,315 89,086
Shops Sc 903,882 903,882 3,114,990
Fundra ising events 5&I 129,228 129,228 304,972
Total other trading activities 2,029,134 2,029,134 4,394,174
Investments 164,827 164,827 242,582
Other 44,085 44,086 75,461
Total Income 8,068,680 4,696,685 12,766,366 12,406,8$1
Expenditure
on:
Raising Donations, Legacies and Grants 9 686,388 686,388 761,157
Other trading
activities:
Lottery Sa,9
ProJects Sb,9
Shops Sc,9 2,017,447 2,017,447 2,134,249
Fundralsing
events		 5(I,9 12,014 12014 92649
Investment
management		 costs 42,974 42,974 41,911
Costs of raising funds 2,758,823 2,768,823 3,029,966
In patient care 1,980,475 2,597,628 4,578,103 4,790,486
Day care 1,049,907 104,320 1,154,227 1,191,396
Hospice Outreach 547,179 410,376 957,555 965,544
Hospice at home 49,833 1,205,357 1,255,190 1,116,705
Education
and research		 101,930 22,430 124,360 120,400
Hospital services 69,612 57,256 126,868 156,245
Lymphoedema 43,237 70,224 113,461 123,247
Social Work S.Chaplaincy 296,544 1,000 297,544 334,124
Expenditure
on charitable		 activities 4,138,717 4,468,691 8,607,308 8,798,148
Total expenditure 6,897,540 4,468,691 11,366,131 1C826,114
Net income for the
funds before gains		 year and net movements
and losses on investments		 in 1,171,140 228,094 1,399,234 578,767
Net gains/(losses) on Investments 11 2,024,771 2,024,771 (702,045)
Net income/(expenditure) for the year 3,196,911 228,094 3,424,006 (123,278)
Transfers between funds 17 295,491 (245,962) (49,529)
Net movement
in		 funds 3,491,402 (245,962) 178,565 3,424,005 (123,278)
Reconciliation offunds. '
Total funds brought forward 9,905,155 13,244,478 51,740 23,201,373 23,324,651
Total funds carried forward 13,396,667 12,998,616 230,305 26,626,378 23,201,373

Group Charity
Note 2021 2020 2021 2020
Fixed Assets
Tangible assets 10 12,403,447 10,218,668 12,403,447 10,218,668
investments 8,168,569 6,034,537 8,218,669 6,084,637
20,572,016 16,253,205 20,622,116 16,303,305
Current Assets
Stock 12 16,484 14,909
Debtors 13 1,537,674 1,807,112 1,662,721 1,971,464
Cash at bank & in hand 5,813,342 6,341,319 5,415,097 5,904,110
7,367,500 8,163,340 7,077,818 7,875,574
Creditors: amounts
within one year		 falling due 14 (i,290,652) (1,189,546) (1,068,096) (969,005)
Net current assets 6,076,848 6,973,694 6,009,722 6,906,568
Total assets less current
liabilities		 14 26,648,864 23,226,899 26,631,838 23,209,873
Creditors: amounts
falling due
greater than one year		 14 (6,460) (8,500) (6,460) (8,500)
Total Net assets 26,642,404 23,218,399 26,625,378 23,201,373
The funds ofthe charity:
Restricted funds 15 230,305 51,740 230,305 51,740
Unrestricted
funds:
Designated
funds		 16 12,998,516 13,244,478 12,998,5i6 13,244,478
General funds 17 13,413,583 9,922,181 13,396,557 9,905,155
Total funds 26,642,404 23,218,399 26,625,378 23,201,373
Note 2021 2020
Cash flows from operating activities:
Net cash provided
by operating
activities		 23 2,111,807 1,549,207
Cash flows from investing activities:
Dividends
and interest from
Investments 166,044 245,838
Purchase of property,
plant		 and equipment (2,696,568) (1,996,921)
Proceeds from sale of Investments 1,620,322 1,653,275
Purchase ofinvestments (1,967,496) (1,507,481)
(Increase)/decrease
In investment		 cash 237,914 (291,983)
Net cash used in investing activities (2,639,784) (1,897,272)
Change
in cash and cash equivalents		 in the
reporting
period		 (527,977) (348,065)
Cash and cash equivalents at the beginning
ofthe reporting
period		 6,341,319 6,689,384
Cash and cash equivalents at the end of the
reporting
period		 5,813,342 6,341,319

4a Charitable
Activities		 2021 2020
f f
NHS income 3,806,527 3,630,441
Education
income		 144,470 83,954
3,950,997 3,714,395
4b Covid related Grants 2021 2020
f f
NHS England grants 2,310,052
NHS Wales grants 88,130
HMRC Furlough
grants		 745,183
Council grants 740,328
3,883,693
2021 2020
f f
Lottery income 1,240,438 1,273,195
Donations 42,404 25,857
Investment
income		 1,029 2,360
Covid Related grants 18,378
Total income 1,302,249 1,301,412
Prizes awarded (146,400) (146,400)
Staff costs (105,042) (108,349)
Other costs (99,098) (161,537)
Total expenditure (350,540) (416,286)
Net lottery income 951,709 885,126
Gift Aid payments to Severn Hospice Limited (951,709) (885,126)
Retained
in subsidiary
Total assets 296,746 297,071
Totalliabilities (290,560) (290,885)
Funds (representing share capital and reserves) 6,186 6,186

reflects its trading ac tiv ities for the year ended 31March 2021.
2021 2020
f f
Projects income 145,420 171,273
Donations 3,008 1,010
Interest 188 896
Total income 148,616 173,179
Cost ofgoods sold (50,711) (59,831)
Operating
costs		 (53,590) (24,262)
Total expenditure (104,301) (84,093)
Net trading profit 44,315 89,086
Gift Aid payments
year		 to Severn Hospice Limited- provisional amount due for (44,315) (89,086)
Retained
in subsidiary
Total assets 155,889 155,889
Total liabilities (94,947) (94,947)
Funds (representing share capital and reserves) 60,942 60,942
Hospice Shops 2021 2020
This is the trading arm ofSevern Hospice Limited —it is not a separate
trading
subsidiary		 company.
Covid related grants 1,264,355
Non gift-aided
donated		 goods income 622,061 1,750,720
Gift-aided donated goods income 118,239 890,058
Gift Aid on donated goods income 79,608 200,855
Rag income 35,841 182,722
Donations 29,583 60,222
Other income 18,550 30,413
Total income 2,168,237 3,114,990
Staff Costs (1,218,867) (1,252,341)
Premises maintenance and rent (378,037) (465,635)
Other costs (420,543) (416,273)
Totalexpenditure 2,017,447 (2,134,249)
Net shops income 150,790 980,741
Sc Hospice Shops
This is the trading
arm ofSevern Hospice Limited —it is not a separate
trading
subsidiary
company.

2021 2020
Income Expenditure Net Income Income Expenditure Net Income
f f f. f
Lights of Love 51,823 (4,615) 47,208 62,766 (6,945) 55,821
Dragon Boats 57,104 (21,346) 35,758
Shropshire Colour Run 31,678 (11,073) 20,605
London Marathon 43,388 (4,860) 38,528 25,399 (3,960) 21,439
Pontesbury Potter 14,577 (1,790) 12,787
Skydives 18,241 (2,070) 16,171
113,452 (11,545) 101,907 191,524 (45,114) 146,410
6 Investment
Income		 Investment
Income		 2021 2020
f f
Dividends
receivable		 on shares held 149,998 187,612
Interest receivable on cash balances 16,046 58,226
166,044 245,838
7 Other Income 2021 2020
f f
Miscellaneous items of income received for catering, insurance receipts, 44,085 75,461
property
rental,		 wayleaves etc.
2021 2020
f f
Salaries 7,401,618 7,439,983
Social security costs 610,163 607,196
Pension costs 488,642 482,613
Redundancy and Settlement Agreement costs 6,500 6,926
8,506,923 8,536,718
w:
2021 2020
Headcount FTE Headcount FTE
Admln 25 15 24 14
Income Generation 18 12 25 18
Care 316 169 307 180
Shops 86 52 85 58
445 248 270
2021 2020
f60,000 to f70,000 3 3
f70,000 to E80,000 1 1
f80,000 tof90,000 1 1
5 5
Pension contributions relating to those staff earning overf60,000 f36,473 f34,951
Direct Support Total Total
Costs Costs 2021 2020
f f f f
Charitable
Activities:
In Patient Care 3,272,215 1,305,888 4,578,103 4,790,486
Day Care 684,183 470,044 1,154,227 1,191,396
Hospice Outreach 844,608 112,947 957,555 965,544
Hospice at Home 1,076,345 178,845 1,255,190 1,116,705
Education
8 Research		 85,136 39,224 124,360 120,400
Hospital
&Community		 Services 126,868 126,868 156,246
Lymphoedema 88,099 25,362 113,461 123,247
Social Work gt Chaplaincy 254,147 43,397 297,544 334,124
Costs of Raising Funds:
Donations,
Legacies		 and Grants 374,736 311,652 686,388 761,157
Other trading activities
Hospice Shops 1,977,331 40,116 2,017,447 2,134,249
Lottery 324,632 25,908 350,540 416,286
Projects 102,544 1,757 104,301 84,093
Fundraising Events 12,014 12,014 92,649
Investment Management 42,974 42,974 41,911
Total Expenditure 9,265,832 2,555,140 11,820,972 12,328,493
Support costs include: Basis ofAllocation
Premises
gt Catering		 Floor area, estimated time,
and cost 1,289,249 1,158,930
Central Services Estimated
time		 647,354 514,230
Finance Estimated
time		 231,434 264,350
ITSupport Workstations
and		 estimated
time 269,770 281,293
Vehicles Estimated
time		 gt specific
costings 9,591 17,696
Governance Estimated
time		 107,742 82,161
2,555,140 2,318,660
Included
within group		 expenditure are:
Amounts
paid or payable to		 Auditors:
External annual audit ofaccounts 18,300 20,850
Other fees payable to the Auditors 4,393 2,400
Depreciation 505,563 486,306
Lease payments 330,557 407,951

Direct Support Total Total
Costs Costs 2020 2019
f f f f
Charitable
Activities:
In Patient Care 3,433,216 1,357,270 4,790,486 4,808,456
Day Care 769,755 421,641 1,191,396 1,232,061
Hospice Outreach 885,688 79,856 965,544 942,097
Hospice at Home 1,044,612 72,093 1,116,705 975,340
Education
&.Research		 80,170 40,230 120,400 140,465
Hospital
&Community		 Services 156,246 156,246 176,183
Lymphoedema 93,594 29,653 123,247 108,912
Social Work &Chaplaincy 293,158 40,966 334,124 334,231
Costs of Raising Funds:
Donations,
Legacies and Grants		 525,671 235,486 761,157 778,548
Other trading
activities
Hospice Shops 2,119,706 14,543 2,134,249 1,939,625
Lottery 390,378 25,908 416,286 434,263
Projects 83,079 1,014 84,093 72,877
Fundraising
Events		 92,649 92,649 132,388
Investment
Management		 41,911 41,911 36,783
Total Expenditure 10,009,833 2,318,660 12,328,493 12,112,229
Support costs include: Basis ofAllocation
Premises &Catering Floor area, estimated time,
and cost 1,158,930 1,140,744
Central Services Estimated
time		 514,230 565,760
Finance Estimated
time		 264,350 283,993
ITSupport Workstations
and		 estimated
time 281,293 226,966
Vehicles Estimated
time &		 specific
costings 17,696 20,796
Governance Estimated
time		 82,161 91,449
2,318,660 2,329,708
Included
within group		 expenditure are:
Amounts
paid or payable to Auditors;
External annual audit ofaccounts 20,850 20,850
Other fees payable to the Auditors 2,400 7,685
Depreciation 486,306 498,970
Lease payments 407,951 385,909
Fixed Assets
Freehold Assets Under Furnishings
&		 Vehicles Total
Property
f		 Construction
f		 Equipment
f
Charity
Cost
At 1April 2020 10,365,612 2,096,095 2,772,094 141,921 15,375,722
Transfer 2,096,095 (2,096,095)
Additions 2,362,800 333,768 2,696,568
Disposals (6,267) (18,120) (24,387)
At 31March 2021 14,818,240 3,105,862 123,801 18,047,903
Depreciation
At 1April 2020 2,909,536 2,109,929 137,589 5,157,054
Charge for year 232,463 268,768 4,332 505,563
Disposals (41) (18,120) (18,161)
At 31March 2021 3,141,958 2,378,697 123,801 5,644,456
Net BookValue
At 1April 2020 7,456,076 2,096,095 662,165 4,332 10,218,668
At 31March 2021 11,676,282 727,165 12,403,447
Group
Cost
At 1April 2020 10,365,612 2,096,095 2,793,423 141,921 15,397,051
Transfer 2,096,095 (2,096,095)
Additions 2,362,800 333,768 2,696,568
Disposals (6,267) (18,120) (24,387)
At 31March 2021 14,818,240 3,127,191 123,801 18,069,232
Depreciation
At 1April 2020 2,909,536 2,131,258 137,589 5,178,383
Charge for year 232,463 268,768 4,332 505,563
Disposais (41) (18,120) (18,161)
At 31March 2021 3,141,958 2,400,026 123,801 5,665,785
Net Book Value
At 1April 2020 7,456,076 2,096,095 662,165 4,332 10,218,668
At 31March 2021 11,676,282 727,165 12,403,447

The Group The Group The Charity The Charity
2021 2020 2021 2020
f f f f
Listed UK Stock Exchange Investments 7,983,569 5,864,537 7,983,569 5,864,537
Shares
in subsidiary		 companies 50,100 50,100
Investment
Properties		 185,000 170,000 185,000 170,000
8,168,569 6,034,537 8,218,669 6,084,637
The investment property was revalued on 31"March 2021at open market value by Zaza Johnson and Bath
Estate Agents.
Group and Charity
(a) Listed UK Stock Exchange Investments 2021 2020
f f
Market Value 1 April 2020 5,415,103 6,262,942
Disposals (1,620,322) (1,653,275)
Acquisitions 1,967,496 1,507,481
Unrealised
gains/(losses)		 156,366 (994,910)
Realised gains 1,853,406 292,865
Market value at 31 March 2021 7,772,049 5,415,103
Cash held for investment 211,520 449,434
7,983,569 5,864,537
(b) Analysis of Listed/Discretionary Fund
investments 2021 2020
f f
Discretionary
Williamson		 Fund managed by Smith gt 3,802,349 2,971,320
Discretionary Fund managed by Brewin Dolphin 4,181,220 2,893,217
7,983,569 5,864,537
Charity
(c) Shares in subsidiary companies at cost 2021 2020
f f
Hospice Projects Limited 50,000 50,000
Severn Promotions Limited 100 100
50,100 50,100
12 Stocks
Group Charity
2021 2020 2021 2020
f f f f
Goods purchased for resale through
Hospice Projects Limited 16,484 14,909
Consumable
stores
16,484 14,909
13 Debtors
Group Charity
2021 2020 2021 2020
f f f f
Trade debtors 231,862 257,839 231,862 257,052
Sundry debtors 19,946 19,987 19,946 19,987
Amounts due from subsidiary undertakings 125,047 164,221
Legacies &Covid grants 985,236 1,303,326 985,236 1,303,326
Prepayments 151,473 112,553 151,473 112,553
VAT recoverable 149,157 113,407 149,157 114,325
1,537,674 1,807,112 1,662,721 1,971,464
14 Creditors: Amounts Falling Due Within One Year
Group Charity
2021 2020 2021 2020
f f f f
Trade creditors 267,196 270,937 267,180 270,922
Taxation &social security costs 141,963 144,354 141,963 144,354
Accruals 429,741 300,091 418,516 288,654
Amounts due to subsidiary
undertakings		 57 54
Deferred income 149,444 186,811 149,444 186,811
Other creditors 302,308 287,453 90,936 78,211
1,290,652 1,189,646 1,068,096 969,006
Creditors: Amounts Falling Due Greater Than One Year
Group Charity
2021 2020 2021 2020
f f f f
Deferred income 6,460 8,500 6,460 8,500
6,460 8,500 6,460 8,500

Amounts Falling Due Falling Due
Within One
Year
Balance Balance Greater Than
b/fwd New c/fwd One Year Balance
1.4.20 Released Deferred 31.3.21 c/fwd 31.3.21
f f f f f
Amounts Falling Due Within One Year
Events income 39,258 37,368 1,890
Complementary Therapy 5,500 5,500
Training Income 132,000 132,000
Men's Health project 510 510
Compassionate Communities fund 14,500 2,039 6,001 6,460
Hospital Development Fund 3,543 3,543
195,311 39,407 149,444 6,460
Restricted Funds
The Group and Charity Funds for 2020/21 include restricted funds made up ofthe following
unspent		 balances of
donations and grants given for specific purposes.
Transfer
to Balance
Balance General at
at 1.4.20 Income Expenditure Funds 31.3.21
f f f f f
Donations received for In
Patient Care and
Bereavement 3,490 128,055 124,845 6,700
Donations received for the
Day Units 49,529 (49,529)
Donations received for Living
Well 2,900 2,900
Donations received for Care
at Home Services 75,991 70,591 5,400
CCG funding
for specifically
negotiated services 48,250 4,439,905 4,269,950 218,205
Hospice Garden 305 305
51,740 4,696,685 4,468,591 (49,529) 230,305

Transfer Transfer
Balance to Balance
at General at
1.4.19
f		 Income
f		 Expenditure
f		 Funds
f		 31.3.20
f
Donations received for ln
Patient Care and
Bereavement 10,950 136,740 (142,491) (1,709) 3,490
Donations received for the
Day Units 44,976 (44,976)
Donations received for
Living Well 188,005 552,100 (740,105)
Donations received for
Care at Home Services 86,960 (86,960)
CCG funding
for specifically
negotiated services 32,367 1,805,662 (1,789,779) 48,250
Hospice Garden 7,103 7,205 (4,492) (9,816)
238,425 2,633,643 (2,068,698) (751,630) 51,740
Unrestricted Funds
The Group and Charity Funds for 2020/21 include the following designated
and		 general funds:
Resources
To/From
Balance New Utilised/ General Balance
at 1.4.20 Designations Released Funds at 31.3.21
f f f f f
Group:
Designated Funds:
Capital
Fund		 2,398,541 2,398,541
Fixed Asset Fund 10,218,668 2,672,182 487,402 12,403,447
Energy Susta inability Fund 145,000 0 145,000
Service Development
Fund 482,269 32,200 450,069
Total Designated
Funds		 13,244,478 2,672,182 2,918,143 12,998,516
Group General
Funds		 9,922,181 10,548,292 7,352,381 295,491 13,413,583
Total Group Unrestricted 23,166,659 13,220,474 10,270,524 295,491 26,412,099
Charity:
Total Designated
Funds		 13,244,478 2,672,182 2,918,143 12,998,516
Charity General
Funds		 9,905,155 10,093,451 6,897,540 295,491 13,396,557
Total Charity Unrestricted 23,149,633 12,765,633 9,815,683 295,491 26,395,074

Resources Resources
To/From
Balance New Utilised/ General Balance
at 1.4.19 Designations Released Funds at 31.3.20
E E f E E
Group:
Designated Funds:
Capital
Fund		 3,367,538 (968,997) 2,398,541
Fixed Asset Fund 8,708,054 1,996,921 (486,307) 10,218,668
Energy Sustainability Fund 145,000 145,000
Service Development
Fund 500,000 (17,731) 482,269
Total Designated Funds 12,720,592 1,996,921 (1,473,035) 13,244,478
Group General
Funds		 10,382,660 9,571,572 (10,259,795) 227,744 9,922,181
Total Group Unrestricted 23,103,252 11,568,493 (11,732,830) 227,744 23,166,659
Charity:
Total Designated Funds 12,720,592 1,996,921 (1,473,035) 13,244,478
Charity General
Funds		 10,365,634 9,071,193 (9,759,416) 227,744 9,905,155
Total Charity Unrestricted 23,086,226 11,068,114 (11,232,451) 227,744 23,149,633
17 Allocation of Group Net Assets between Funds
2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds
f f f f f
Fund balances at 31 March
are represented by:
Tangible fixed assets 12,403,447 12,403,447 10,218,668 10,218,668
Investments 8,168,569 8,168,569 6,034,537 6,034,537
Current assets 7,137,195 230,305 7,367,500 8,111,600 51,740 8,163,340
Creditors
year		 due within one (1,290,652) (1,290,652) (1,189,646) (1,189,646)
Creditors
than one		 due
year		 greater (6,460) (6,460) (8,500) (8,500)
Total Net Assets 26,412,099 230,305 26,642,404 23,166,659 51,740 23,218,399

2021 2020
E E
Within 1year 240,600 303,008
Between 2 and 5years 325,575 669,978
Over 5years to end of lease term 78,000
566,175 1,050,986

Group Group
2021 2020
f f
Net Income/(expenditure)
for the		 reporting period (as per the 3,424,005 (123,2'78)
statement offinancial
activities)
Adjustments for:
Depreciation charges 505,563 486,306
Dividends,
interest,		 and rents from investments (166,044) (245,838)
(Gains)/losses on investments (2,024,771) 702,045
Loss/(profit) on sale offixed assets
(Increase)in stocks (1,575) (3,805)
Decrease
in		 debtors 269,438 538,161
Increase
in		 creditors 105,191 195,616
Net cash provided by operating activities 2,111,807 1,549,207
Analysis ofchanges in net funds
Other Balance
Balance non-cash at 31.3.20
at 1.4.20 Cash flows changes f
f f f
Cash and bank 6,341,319 (527,977) 5,813,342

Unrestricted Funds
General Designated Restricted Total Funds
2020 2020 2020 2020
E E 6 E
Income From:
oonatlons
and legacies:
Donations 1,398,991 144,476 1,543,467
Legacies 1,733,663 88,338 1,822,001
Grants from Charitable Trusts 46,500 595,168 641,668
3,179,154 827,982 4,007,136
Charitable
Activities		 1,939,484 1,774,911 3,714,395
Other trading activities:
Lottery 1,273,195 1,273,195
Projects 171,273 171,273
Shops 3,114,990 3,114,990
Fundraising
events		 304,972 304,972
4,864,430 4,864,430
Investments 245,83& 245,838
Otherlncome 44,711 30,750 75,461
Total Income 10,273,617 2,633,643 12,907,260
Expenditure
on:
Raising Donations, Legacies and Grants 761,157 761,157
Other trading activities:
Lottery 416,286 416,286
Projects 84,093 &4,093
Shops 2,134,249 2,134,249
Fundraislng
events		 92,649 92,649
Investment
management		 costs 41,911 41,911
Costs of raising funds 3,530,345 3,530,345
In patient care 4,566,306 224,180 4,790,486
Day care 1,038,833 152,563 1,191,396
Hospice Outreach 555,166 410,378 965,544
Hospice at home 43,440 1,073,265 1,116,705
Education
and research		 44,&39 75,561 120,400
Hospitalservices 93,720 62,526 156,246
Lymphoedema 53,022 70,225 123,247
Social Work gr Chaplaincy 334,124 334,124
Expenditure
on charitable		 activities 6,729,450 2,068,698 8,798,148
Total expenditure 10,259,795 2,068,698 12,328,493
Net income for the year and net movements
funds before gains and losses on Investments		 In 13,822 564,945 578,767
Net (losses)/gains on investments (702,045) (702,045)
Net (expenditure)/Income for the year (68&,223) 564,945 (123,278)
Transfers
between		 funds 227,744 523,886 (751,630)
Net movement
in		 funds (460,479) 523,886 (186,685) (123,278)
Reconciliation offunds:
Total funds brought forward 10,382,660 12,720,592 238,425 23,341,677
Total funds carried forward 9,922,181 13,244,478 51,740 23,218,399