2021-03-31-accounts - St Luke's Cheshire Hospice

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Contents	Contents				Page Numbers
Introduction from our Chairman, Mike			Ridley
Report	ofthe Board ofTrustees
~	Reference and Administrative		Details
~	Members ofthe Board
~	Members ofthe Senior Management			Team
~	Governance and Management		Arrangements
~	Vision, Mission and Values
~	Principal Objects and Activities
~	Supporters, Staff and Volunteers
~	Working with others and in the Community				10
~	Financial Report
					14
~	Review ofAchievements and	Performance
					16
~	Plans for the future
Statement of Trustee Responsibilities					17
Disclosure of information tothe Auditors					17
Independent Auditors Report					18-20
Consolidated Statement of Financial		Activity			21
Consolidated Balance Sheet					22
Consolidated Cash Flow					23
Notes	and Accounting Policies				24-46

Registered (England &	Company Wales)	St Luke's Hospice is a company limited 01846186(not having ashare capital).	St Luke's Hospice is a company limited 01846186(not having ashare capital).	St Luke's Hospice is a company limited 01846186(not having ashare capital).	St Luke's Hospice is a company limited 01846186(not having ashare capital).	St Luke's Hospice is a company limited 01846186(not having ashare capital).	by guarantee,	by guarantee,	by guarantee,	by guarantee,	number
Registered	Charity Number
		The company is a Registered		Charity, number 515595and its
		Memorandum ofArticles ofAssociation					govern			its functions.
		Every member ofthe company			undertakes				to contribute to the
		assets ifthe company	is wound		up while			he/she		is a member, or
		within one year ofceasing to be a member,							such amount as may be
		required not exceeding E1.
Principal and Registered Office		St Luke's (Cheshire) Hospice
		Grosvenor House
		Queensway
		Winsford
		Cheshire
		CW7 1BH
Contacting	Us
		You can contact us by telephone				on 01606			551246, by email on
		en uiries slhos ice.co.uk.		Ifyou would				like to find out more about
		our work, please goto	our website: htt:						www. slhos		ice.co.uk or
		follow us on Facebook	and Twitter.
Auditors		Styles and Co Accountants		JFC	Limited
		Heather House
		473Warrington Road
		Culcheth
		Warrington
		WA3 5QU
Senior Statutory Auditor		lan Lloyd
Investment	Fund Manager	Rathbones Investment	Management
		Martins Buildings
		4Water Street
		Liverpool
		L3 1NW
Bankers
		National Westminster	Bank	Pic
		P0 Box6The Bull Ring Northwich				Cheshire
		CW9 SBN
Solicitors		Poole Alcock
		238-246 Edleston Road Crewe
		CW2 7EH

					2021		2020
			Note	Unrestricted	Restricted
				Funds	Funds	Total	Tota I
Income and endowments		from:
Donations and legacies				1,722,267	23,020	1,745,287	2,145,195
Charitable activities				726,135	981,174	1,707,309	745,282
Other trading activities				1,504,071		1,504,071	2,220,211
Investments				84,134		84,134	91,940
Other				445,288	183,884	629,172
Total income and endowments				4,481,896	1,188,078	5,669,974	5,202,628
Expenditure on:
Raising funds			7	(1,122,095)		(1,122,095)	(1,535,384)
Charitable activities			9	(2,330,119)	(989,265)	(3,319,384)	(3,161,802)
Other			10	(159,437)	(183,884)	(343,321)
Total expenditure				(3,611,651)	(1,173,149)	(4,784,800)	(4,697,186)
Net (losses)/ gains	on
investments				648,126		648,126	(393,839)
Net income / (expenditure)				1,518,371	14,929	1,533,300	111,603
Transfers between	funds			17,448	(17,448)
Total funds brought	forward		21	6,089,858	35,144	6,125,002	6,013,399
Total funds carried	forward		21	7,625,677	32,625	7,658,302	6,125,002

As at 31March 202	1
					Company	Company	Group	Group
				Note	2021	2020	2021	2020
Fixed assets
Tangible assets				15	2,163,789	2,561,434	2,211,589	2,624,933
Investments				16	4,001,376	2,829,627	4,001,376	2,829,627
Investments in subsidiaries				25	4	4
					6,165,169	5,391,065	6,212,965	5,454,560
Current assets
Stock				17			7,352	7,694
Debtors				18	1,267,750	670,120	1,256,885	515,457
Cash at bank and		in hand			1,200,885	567,883	1,416,380	773,000
					2,468,635	1,238,003	2,680,617	1,296,151
Creditors: amounts	falling due within
one year				19	(967,124)	(531,979)	(1,161,715)	(577,583)
Provisions for liabilities				20	(73,564)	(48,126)	(73,564)	(48,126)
Net current assets					1,427,947	657,898	1,445,338	670,442
Total net assets					7,593,116	6,048,963	7,658,303	6,125,002
Charity Funds
Restricted Funds				21	32,626	35,144	32,626	35,144
Unrestricted Funds
General		Funds		21	5,735,490	5,213,819	5,800,677	5,289,858
Designated			Funds	21	1,825,000	800,000	1,825,000	800,000
Total Unrestricted			Funds		7,560,490	6,013,819	7,625,677	6,089,858
Total Charity Funds					7,593,116	6,048,963	7,658,303	6,125,002

	Note	2021	2020
Cash flow from operating activities	24	1,124,889	743,467
Net cash flow from operating activities		1,124,889	743,467
Cash flow from investing activities
Income from investments	5	84,134	91,940
Payments to acquire tangible fixed assets	15	(42,021)	(196,012)
Receipts from sale oftangible fixed assets
Payments to acquire investments	16	(3,420,199)	(996,274)
Receipts from sales ofinvestments	16	2,896,576	409,233
Net cash flow from investing activities		(481,510)	(691,113)
Net increase/ (decrease) in cash and
cash equivalents		643,379	52,354
Cash and cash equivalents at 31/3/2020		773,000	720,646
Cash and cash equivalents at 31/3/2021		1,416,379	773,000
Cash and cash equivalents consists of:
Cash at bank and in hand		1,416,379	773,000
Cash and cash equivalents at 31/3/2021		1,416,379	773,000

2. Income from donations and legacies Company and Group
	Total	Total
	2021	2020
Donations	1,142,073	1,511,055
Legacies	603,214	634,140
Total	1,745,287	2,145,195

			Total	Total
			2021	2020
			E	E
Medical	Consultancy	fees	58,676	25,264
Grants			1,627,567	707,421
Other			21,066	12,597
l			1,707,309	745,282

a) Company		Total	Total
		2021	2020
		E	E
Fundraising	Events	294,486	485,154
Other		135	9,753
Tota I		294,621	494,907

b) Group		Total	Total
		2021	2020
		E	E
Fundraising	Events	294,486	485,154
Shops and	Lotteries	1,209,450	1,725,304
Other		135	9,753
Tota I		1,504,071	2,220,211

a) Company						Unrestricted	Total
						Funds	2021
					Note	6	6
Listed UK Investments
	Dividend	Income				61,052	61,052
Rents received						56,698	56,698
Short Term	Deposit Interest					3,890	3,890
						121,640	121,640
Gift Aid
St Luke's Hospice Promotions				Limited		636,305	636,305
St Luke's Hospice Trading			Limited			36,241	36,241
						794,185	794,185
b) Group
						Unrestricted	Total
						Funds	2021
							6
Listed UK Investments
	Dividend	Income				61,052	61,052
Rents received						19,192	19,192
Short Term	Deposit Interest					3,890	3,890
						84,134	84,134

a) Company						Unrestricted	Total
						Funds	2020
Listed UK Investments
	Dividend	Income				59,880	59,880
Rents received						68,118	68,118
Short Term	Deposit Interest					1,448	1,448
						129,446	129,446
Gift Aid
St Luke's Hospice Promotions				Limited	8	614,373	614,373
St Luke's Hospice Trading			Limited		8
						743,819	743,819
b) Group
						Unrestricted	Total
						Funds	2020
							6
Listed UK Investments
	Dividend	Income				59,880	59,880
Rents received						30,612	30,612
Short Term	Deposit Interest					1,448	1,448
						91,940	91,940

Tota I	Tota I
2021	2020
f	f
183,884

b) Group
		Tota I	Tota I
		2021	2020
		f	f
Job Retention	Scheme	343,321
Covid Business	Rates Support	255,518
Other grants		30,333
		629,172

Tota I	Tota I
2021	2020
f	f
325,993	486,932
Tota I	Tota I
2021	2020
f	f
796,102	1,048,452
325,993	486,932
1,122,095	1,535,384

			St Luke's	St Luke's	St Luke' s	Total	Tota I
			Trading	Limited	Promotions	2021	2020
					Limited
				E	E
Shops and lottery income				276,604	929,240	1,205,844	1,705,739
Interest/Other	operating	income/ Gift Aid		438,776	10,118	448,894	19,559
Totallncome				715,380	939,358	1,654,738	1,725,298
Total Costs before rental		costs paid to Hospice	(654,089)		(301,449)	(955,538)	(1,048,451)
Net Income for	the Year			61,291	637,909	699,200	676,847
Rental costs paid to Hospice				(36,806)	(700)	(37,506)	(37,506)
Net Income for	the Year Before Gift Aid			24,485	637,209	661,694	639,341
Gift Aid paid to	St Luke's	(Cheshire) Hospice		(36,241)	(636,306)	(672,547)	(614,373)
Net Profit/(loss)	for the year after Gift Aid			(11,756)	903	(10,853)	24,968
Funds brought	forward at 31March 2020			36,336	39,705	76,041	51,072
Funds carried forward at		31March 2021		24,580	40,608	65,188	76,040
Total Assets				172,015	168,831	340,846	342,903
Total Liabilities			(147,435)		(128,223)	(275,658)	(266,863)

			~Cd 6
					Total
			Unrestricted	Restricted	2021
			E	E	E
Staff costs			1,427,808	870,009	2,297,817
Building	costs		731,019	23,063	754,082
Administration		expenses	71,366	10,606	81,972
Patient	care &medical services		47,500	85,587	133,087
Professionalfees			20,426		20,426
Auditor's	remumeration		7,000		7,000
EOLP			25,000		25,000
			2,330,119	989,265	3,319,384
					Total
			Unrestricted	Restricted	2020
			E	E	E
Staff costs			2,406,550	33,264	2,439,814
Building	costs		388,051		388,051
Administration		expenses	95,788	4,505	100,293
Patient	care &medical services		20,188	115,372	135,560
Professionalfees			40,499		40,499
Auditor's	remuneration		7,000		7,000
EOLP			50,585		50,585
			3,008,661	153,141	3,161,802

Total	Total
2021	2020
183,884

Total	Total
2021	2020
343,321

11. Support cost breakdown	by activity
			2021			2020
		II	n		'll	n
			IU	0	o.	IU	0
		IU			IU
		Ul	Qlo		IR	Qlo
		UU	IU		UU	IU
	6		6	6		6	6
Staff costs	Actual	59,806	483,038	542,844	61,661	498,017	559,678
Building costs	Space	26,811	120,056	146,867	12,597	55,165	67,762
Admin expenses	Actual	16,151	29,557	45,708	22,137	38,534	60,671
Patient care costs	Actual	666	3,001	3,667	640	2,883	3,523
Professional fees	Actual	10,632	10,633	21,265	19,230	19,231	38,461
		114,066	646,285	760,351	116,265	613,830	730,095

Governance costs
			Total	Total
			2021	2020
		Note	6	6
Auditor's remuneration		12	12,500	12,500
Senior management			19,768	20,372
Other governance	charges		2,035	2,080
Total governance	costs		34,303	34,952

12. Net income / (expenditure) for the year	12. Net income / (expenditure) for the year
Net income / (expenditure) is	stated after charging / (crediting):	Tota I	Total
		2021	2020
		E	E
Depreciation oftangible fixed	assets	455,365	141,580
Auditor's remuneration		12,500	12,500
(Profit)/loss on sale oftangible	fixed assets
Losses/(Gains) on investments		(648,126)	393,839

				2021	2020
				E	E
Fees payable to	the charity's		auditor for the audit
ofthe charity's	annual	accounts		7,000	7,000
Fees payable to	the charity's		auditor for other services:
Audit ofthe charity's		subsidiaries		5,500	5,500
				12,500	12,500

13. Staff costs and employee benefits
	Company		Group
	Total	Tota I	Tota I	Total
	2021	2020	2021	2020
	E	E	E	E
Wages and salaries	2,221,511	2,289,808	2,708,200	2,796,340
Social security costs	170,317	172,100	198,089	205,173
Pension costs	177,247	169,839	199,272	200,204
	2,569,075	2,631,747	3,105,561	3,201,717

		Company					Group
		Total	Tota	I		Tota	I	Total
		2021	2020			2021		2020
		No.	No.			No.		No.
Administrative		12			12		12	12
Charitable	activities	92			97		92	97
Fundraising		15			15		15	15
St Luke's Hospice Trading							26	28
St Luke's Hospice Promotions							6	7
		119			124		151	159

			Total	Total
			2021	2020
			E	E
Trustees'	Indemnity	Insurance	1,131	942

15.	Tangible fix	ed assets
			Freehold
a) Company			&leasehold	Fixtures &	Computer	Motor
			property	fittings	equipment	vehicles	Total
			E	E	E	E	E
Cost	or valuation
	At 1/4/2020		3,533,455	275,357	94,840	21,370	3,925,022
	Additions			33,547	8,474		42,021
	Disposals
	At 31/3/2021		3,533,455	308,904	103,314	21,370	3,967,043
Depreciation
	At 1/4/2020		1,091,129	199,823	56,656	15,980	1,363,588
	Charge for year		378,900	37,441	18,029	5,296	439,666
	Eliminated	on disposal
	At 31/3/2021		1,470,029	237,264	74,685	21,276	1,803,254
Net	Book Value at 31/3/2021		2,063,426	71,640	28,629	94	2,163,789
Net	BookValue at 31/3/2020		2,372,797	95,896	45,878	6,737	2,561,434
			Freehold
b) Group			8 leasehold	Fixtures &	Computer	Motor
			property	fittings	equipment	vehicles	Total
			E	E	E	E	E
Cost
	At 1/4/2020		3,622,073	383,226	124,147	47,141	4,176,587
	Additions			33,547	8,474		42,021
	Disposals
	At 31/3/2021		3,622,073	416,773	132,621	47,141	4,218,608
Depreciation
	At 1/4/2020		1,169,945	278,608	75,604	27,497	1,551,654
	Charge for year		381,925	46,808	18,485	8,147	455,365
	Eliminated	on disposal
	At 31/3/2021		1,551,870	325,416	94,089	35,644	2,007,019
Net	Book Value at 31/3/2021		2,070,203	91,357	38,532	11,497	2,211,589
Net	Book Value at 31/3/2020		2,385,031	104,216	56,699	24,555	2,624,933

16. Fixed Asset In	ve	stment	s
					Unrestricted	Endowment	Total	Tota I
					Funds	Funds	2021	2020
Company and Group		UK quoted		investments
At 1/4/2020					2,829,627		2,829,627	2,636,425
Less disposals at	opening		market value		(2,484,602)		(2,484,602)	(382,718)
Add acquisitions	at	cost			3,420,199		3,420,199	996,274
Net (losses)/gain	on revaluation				236,152		236,152	(420,354)
At 31/3/2021					4,001,376		4,001,376	2,829,627
Historic cost carried		forward			3,773,648		3,773,648	2,920,940


17. Stock	Group
	Total	Tota	I
	2021	2020
	E	E
Goods for resale	7,352		7,694
Tota I	7,352		7,694


18. Debtors		Company		Group
		2021	2020	2021	2020
Amounts owed by group undertakings		78,832	221,249
Other Debtors		38,301	10,092	38,301	10,092
VAT		22,253	21,082	29,552	26,126
Prepayments	and Accrued Income	456,457	307,168	515,028	368,426
Trade Debtors		671,907	110,529	674,004	110,813
		1,267,750	670,120	1,256,885	515,457

19. Creditors: amount	s falling due within one year
		Company		Group
		2021	2020	2021	2020
		E	E	E	E
Trade creditors		61,857	71,458	93,466	98,563
Other creditors		30,770	33,234	31,317	33,944
Social security and other taxes		48,277	49,385	48,277	49,385
Accruals and deferred	Income	826,220	236,167	988,655	395,691
Amounts owed to group undertakings			141,735
		967,124	531,979	1,161,715	577,583
20.Provisions for liabilities		Middlewich
		Shop
		E
At 1/4/2020		48,126
Added during the year		33,000
Utilised during the year		(7,562)
A\ 31/3/2021		73,564

a) Company
				Balance at				Gains/	Balance at
				01/04/2020	Income	Expenditure	Transfers	Losses	31/03/2021
Unrestncted funds				5,213,819	3,537,210	(2,656,113)	(1,007,552)	648,126	5,735,490
Designated funds				800,000			1,025,000		1,825,000
				6,013,819	3,537,210	(2,656,113)	17,448	648,126	7,560,490
				Balance at				Gains/	Balance at
				01/04/2020	Income	Expenditure	Transfers	Losses	31/03/2021
Restricted funds
Medical Supplies				17,448	85,586	(85,586)	(17,448)
Hospice UK- NHS	England		Covid funding		782,455	(782,455)
Job Retention Scheme					183,884	(183,884)
Covid Bereavement		funding			50,000	(36,486)			13,514
Other restricted	funds			17,696	86,153	(84,737)			19,112
				35,144	1,188,078	(1,173,148)	(17,448)		32,626

b) Group			Balance at				Gains/	Balance at
			01/04/2020	income	Expenditure	Transfers	Losses	31/03/2021
Unrestncted funds			5,289,858	4,481,896	(3,611,651)	(1,007,552)	648,126	5,800,677
Designated funds			800,000			1,025,000		1,825,000
			6,089,858	4,481,896	(3,611,651)	17,448	648,126	7,625,677
			Balance at				Gains/	Balance at
			01/04/2020	Income	Expenditure	Transfers	Losses	31/03/2021
Restricted funds
Medical Suppkes			17,448	85,586	(85,586)	(17,448)
Hospice UK-NHS England		Covid funding		782,455	(782,455)
Job Retention Scheme				183,884	(183,884)
Covid Bereavement	funding			50,000	(36,486)			13,514
Other restricted funds			17,696	86,153	(84,737)			19,112
			35,144	1,188,078	(1,173,148)	(17,448)		32,626

				Balance at	Utilised/	New	Balance at
				01/04/2020	released	designations	31/03/2021
				E	E	E	E
Hospice	Development	Fund		500,000		500,000	1,000,000
Service	Sustainability/Development		Fund	300,000		525,000	825,000
				800,000		1,025,000	1,825,000

22. Analysis ofnet assets between funds
a) Company	Unrestricted	Restricted	Total
	Funds	Funds	2021
	E	E	E
Tangible fixed assets	2,163,789		2,163,789
Investments	4,001,376		4,001,376
Investments in subsidiaries	4		4
Current assets	2,436,009	32,626	2,468,635
Current liabilities	(967,124)		(967,124)
Provisions for liabilities	(73,564)		(73,564)
Tota I	7,560,490	32,626	7,593,116
	Unrestricted	Restricted	Total
	Funds	Funds	2020
Tangible fixed assets	2,561,434		2,561,434
Investments	2,829,627		2,829,627
Investments in subsidiaries	4		4
Current assets	1,202,859	35,144	1,238,003
Current liabilities	(531,979)		(531,979)
Provisions for liabilities	(48,126)		(48,126)
Tota I	6,013,819	35,144	6,048,963
b) Group	Unrestricted	Restricted	Total
	Funds	Funds	2021
Tangible fixed assets	2,211,589		2,211,589
Investments	4,001,376		4,001,376
Current assets	2,647,991	32,626	2,680,617
Current liabilities	(1,161,715)		(1,161,715)
Provisions for liabilities	(73,564)		(73,564)
Tota I	7,625,677	32,626	7,658,303
	Unrestricted	Restricted	Total
	Funds	Funds	2020
Tangible fixed assets	2,624,933		2,624,933
Investments	2,829,627		2,829,627
Net current assets	1,261,007	35,144	1,296,151
Provisions for liabilities	(577,583)		(577,583)
Current liabilities	(48,126)		(48,126)
Tota I	6,089,858	35,144	6,125,002

				Group	Group
				2021	2020
Net income/(expenditure) for		year		1,533,300	111,603
Dividends received				(61,052)	(59,880)
Short term deposit Interest				(3,890)	(1,448)
Rents received from	investment		properties	(19,192)	(30,612)
Depreciation and impairment		of	tangible fixed assets	455,365	141,580
Losses/(Gains) on investments				(648,126)	393,839
Loss on disposal oftangible fixed			assets
Decrease in stock				342	5,580
(Increase)/Decrease	in debtors			(741,428)	34,474
Increase / (decrease)	in creditors			584,132	150,205
(Decrease)/increase	in provisions			25,438	(1,874)
Net cash flow from	operating	activities		1,124,889	743,467

			Class ofShare	2021	2020
St	Luke's Hospice Trading Limited
	Company number: 03024652
	Number ofshares held			2	2
	%Shareholding		Ordinary	100%	100No
	Net assets/ (liabilities)			624,580	636,336
	Operation ofcharity shops
St	Luke's Hospice Promotions	Limited
	Company number: 02862345
	Number ofshares held			2	2
	/o Shareholding		Ordinary	100/	100o/o
	Net assets			640,608	639,705
	Operation ofa charity lottery scheme

Total future minimum lease pa	yments are as follows;
	Land and
	buildings	Other	Total	Tota I
	2021	2021	2021	2020
		E	E	f
Within one year	99,549	18,722	118,271	120,334
Within two to five years	156,042	24,294	180,336	289,195
Over 5years
	255,591	43,016	298,607	409,529

		Company	Company	Group	Group
		2021	2020	2021	2020
		f	6	6	6
Financial assets at fair value through	statement
offinancial activities
Investments		4,001,376	2,829,627	4,001,376	2,829,627
Investments in subsidiaries		4	4
		4,001,380	2,829,631	4,001,376	2,829,627
Financial assets that are debt instruments
measured at amortised cost
Amounts owed by group undertakings		78,832	221,249
Other debtors		38,301	284,459	38,301	284,459
VAT		22,253	21,082	29,552	26,126
Trade debtors		671,907	110,529	674,004	110,813
Cash at bank and in hand		1,200,885	567,883	1,416,379	773,000
		2,012,178	1,205,202	2,158,236	1,194,398
Financial liabilities that are debt instruments
measured at amortised cost
Trade creditors		61,857	71,458	93,466	98,563
Other creditors		30,770	33,234	31,317	33,944
Social security and other taxes		48,277	49,385	48,277	49,385
Amounts owed to group undertakings			141,735
		140,904	295,812	173,060	181,892


			2021	2020
			E	E
Total Reserves			7,658,303	6,125,002
Less:
Unrestricted	Tangible	Fixed Assets	(2,211,589)	(2,624,933)
Designated	funds		(1,825,000)	(800,000)
Restricted funds			(32,626)	(35,144)
Free reserves			3,589,088	2,664,925