2021-03-31-accounts

REGISTERED NUMBER: COMPANY 01850502 CHARITY 515668 REPORT OF THE GOVERNORS AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR ST RICHARD'S HOSPICE FOUNDATION REGISTERED CHARITY LIMITED BY GUARANTEE

ST RICHARD'S HOSPICE FOUNDATION REGISTERED CHARITY LIMITED BY GUARANTEE CONSOLIDATED FINANCIAL STATEMENTS ONTENTS OF THE CONS¢LLIDATED FINANCI_AL TATEMENTS F HE YEAR ENDED 31 ARCH 2021 Page Report of the Governors including the stra￿1¢ Reporr Re￿r¢ of the Independeni Auditor 16-17 Consolidated Statement of Financial Attivities Group and Charity Balante Sheets Consolidated 5tarement of Cash Flows 20 Notes to the Con501idated Statement of Cash Flows 21 Note$ to the Financial Statements 22-38

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 ThÈ GO¥er￿r$ pre5en¢ thwramual repor4 5Watets rwt and autfitfdf1na￿Tl ofthep3rent tharlLyand ts subs￿12ry￿￿dèm￿n8fw Ihe year ended 31 Marth 1021. The ￿0￿￿ty WrnFty wlth cwreDr srawt¢>ry réquir¢mèrnty thè th3rity's g(ernlng ¢kKunw)t and the Ststem￿r ol R￿Mmended Practy￿- kncounu￿ and Reporting by Clwities. Reference and admlnistration ils of the charit its ru Tho ol tht tharity is St RKh3rds Hosplce Foundatstsn c'st Richird5 Ho5pKo"l. a COM￿nY Ihmired by guaran￿ The company was Incowratth on 24 1984. Memr>rthJurn and kncle5 ofNJsouath)n were updated and fil￿ with Compan￿5 House on 2. Fèbruary 2Tr)5. In 2CUJrdance with ion 60 ofthe ComPan￿S Att 2LYM. thè tDrnpany 15 exwnpt from the requlrenients of that Acr as p3rc of its The comparf$ registered number ￿ 0185Q50L The company 15 akn i r4lsrered ch3rity. numbpr 5156 Thè principal addres5 and reOs[•rr￿ offic• ofthe Comwr. St Rlcharf5 HOSFI WrfdWO￿J Dnye WR5 2QT Govwncrs lfi oifa durkng th4)ir. l M IChairman- rrired 5 Aprll 20211 IChalrman- app(¥ntyd 6 Aprril 20211 IVKe ChaSrman- 3PPOinLed 6 Aprll 20211 {V￿￿chaIrman) Mrsl Pcowpe l G Bartholom Prole550r R A LeMG D C Annetts R Ounne Mrs H E Ed¥v3rds PLF CCA G10s￿P SA Hy51op DrlMLaw4 Mrsl Matth¢wS MrsA L Pakner Drl S Rankin Cllr A RoLrt Mr5 H Serrano RGSh IrÈtired 10 5epternbor 2Q211 {appoknted 24 May 2￿1) lappointed24 May 20211 ITreasurer- retrdd 5 ￿￿ri1 20211 Govwncrs ddegated thedayto thy nnrwm•x (4t￿ chthty to the ChRf Exttuuve. lure Patd. ChiefExKutyve Dlrectcw of F￿￿Tht* and Ink>rn4tson m￿1¢31 DirKw¢ Cixnmercial L>rKtor FthtJr4islnÉ D￿￿ttOr re Llrecr¢r Danld Dr Nicola Wlldwwn Danid C¢rns Tntha Caydl DeWieWe5Tr￿a ly￿1nted l October 20201 Thè company's indspÈthnt avthtor5 Crowe UK LLP ack Country House Ruund5 fyeen Road C￿6￿ry 869 2DG covpnys solicrtors Hallmark HLlmè Sdlckors 3. 4 & S S3nsome P Wotre5ter WRI IUQ The e¢mpany's b3nkws NI￿nItwe5t￿I￿Sttr fir I Q055 W0rcès￿rwRI IPR y5 Bank Pk 54 Hlgh Stre Worcester WRI IQQ Thè cfjmpa￿.5 inYe5rmwt athi5er5 aose brothers Manag•nwt Linmted 10 Exthanze Square Pritrr05e Streei EC2A IBY Page | I

ST RICHARD'S HOSPICE FOUNDATION REPO VERNOR E YEAR ENDED I MARCH 2021 {Continued} T￿¢0MPanY Is %ovwned by its Mwn(Thdum and knrwes ofAs5DCi3t￿. In accordarKe with the cofflpany's Arudes ol ￿5¢ClA¢10[￿ th¢ Company has a councl wh(>se Ggvernof5 are rn￿ber& Such GoveriiorÉ tonsututè d￿r￿r5 olthecompany for Comp3nies Acc purp05Es and truste& dthe tharity for Charity ACL purptrses. Thecompanyis limitéd bygW￿￿eand thwefore ihe GDvErnors have no berfKial Intere5tto disclose.TheapwTrtmenrofnew Governrt are nomiftsated by Worce5¢er Oty C￿￿1, are ￿u￿te¥S rhin the cour￿1. St Richard's HoSp￿e Gc>vemors are expecwd to be pro-acuye 3nd involved in SupprJrring Hospite. Potént￿71 Govern￿5 3re identi￿d by the %￿lIs and exwdse they ¥Yill brin$ as wel as their motrotyon and support Ir>r the m1s5ion. are MterYiLMed by che and at ￿5t two oth Govern¢rs. They are reryired EO attend Ihc volunteer inducwn training proTamme and reEve formal induc￿￿ by Ch-alrTnan. ThE Chairman works ith otherGovernur5 to [he￿ pdttmance and contribu¢ioD to tkworkofthe H05PK 5rrwc dLrision5 are by the CouncA oFGovernors In ￿Ul¥r delegati￿ operarw re5pon&trMlities to ¥Pr￿ri￿re W￿coMmItt￿S. Day to day mwa%￿[ is ttsndutt& by the Cthief Evcutiye ofhcer, %tho report5 fegul3rty to Counc51 ofGwernyr Themarwmenr structure up to the stsrtofthe CO¥￿ 19 Pand¢mk thlch em¥ged ID earty Mrth 2020 was.. Jè SL Ibchardl Hospice r.Ttyv C. >RO¢EO r.ci In rÈsp￿S￿ the pandemic rhe C0￿clI d G￿￿rnor$ b4Jn workiry ID the folk)wing rernpyary wixroups." PatieDI Care Soff and Volunt￿s Commeroal Green. IPhasè 2 of BU1￿ 20201 Thè Finandil Yiabdiiy Group met munthly to revlew rdlin810reia5tswh￿h Covered a Per￿)d of up to 14 monthk The requlrement for apwiatwe$5 of the Sub YO￿P5 h2Y8 bèÉn kapt under rewew %yiLh the finlntial committee structuru h3￿ng ¥ee& Pagel Z

ST RICHARD'S HOSPICE FOUNDATION PORT MAR 21 (Continued) i CaThm￿ht4•ckna1n'¢ Comm1[￿• Fknc•and 8uslnw andvd￿ntO0r$ DI￿1￿￿￿￿9 Lwp The VrJbiliry Groupy￿S 5toDd from May 2(Yll. but meettr¢s ofthe Fila￿￿ and Bu%neSS Ctsnrnittee ￿11 dt• ix-monthly InsLead 01q￿rt￿y. To 51VPOrt the flow of Inforniarion fer thèse vadous gmps an ￿lor￿3tion HUK Is to be created In the 1021ll2 yar bwr% #8roLP of staff d￿lie1¢d to qu￿￿ aLrurite, mewlngfvl and assured data te 5UPPWt •Je￿iOn making wrthin thÈ wimiw. Gownors thalr mostwmmltt¢8S, m•w rrfulirlyand rtyortto theqLkrtw￿c0u￿cil orGo￿￿Or$ TheHo5F1￿ has a full 5Uiteof Olc wc<edure5 %¥hich dearly outline thedwnarodw of I￿$ ol r¢spOh$itilityÈs. St R￿hard'S bkiswce affiliaied to ￿ Nauonal Coundl of Palllarrve Car& is a mémbtr d HDspw UK and Is a membor d the Herefordshity WorcS￿shorÈ ChmbÈr ofcornmetre. The charhty • %hOl￿ y￿ed subyd1￿ St R￿h￿'S Hcspice Trading Cory3ny Lim￿ed. ThÈo**¢rofSt Pj'chard s ￿KcTrdd1ng Ccryany mited %Yhich ￿1$ new and S￿ond donatyd isty rwsefvndsfo- 5¢ RKhard5 Howce Found3twJn. The ¢hariW5 ovms 33.33% olWortt5ter5hre Hove5 Lottery It shwres eyl ownership V+ith Primrose Hospke Limited and Acorns ChI￿rth$ HospKe. FLY the purposes of these cord0llda￿j accounu. thèthdlycThYnÈd Sub%ith3ry h3s iwi con50lidaied on aliThe by Ilnè ba￿¥ and the hO￿Ing In W¥xrestwshire H05pce5 Loiwy knmited incbJded rhe èqulry meEhod aPpl￿bI￿ tts PInt￿ntUres.

ST RICHARD'S HOSPICE FOUNDATION EPORT OF THE G RS FOR THE YEAR H 2021 {Continued) The Co¥id-19 pindemit htJ a marerlal Impacc on the finan￿￿1 re5uItS ¢>f both 5t Rkhard's HOsp￿e St PJch3rds HD5PK• Trathry Company ￿rnIted. However. tThany nEW intome Mream5 had been C￿pOra￿lY IOSL Income S¢ream$ Negati¥¢ky Impacted Ketal I￿oMe frorn thp cknur& ofshops Fundrai5lll8 ¥Wh￿h required Fy51CAI part￿P￿tK>n New Incorne 5trtms An Increase hi ￿rtyjaI e￿Thts A svrcessful re5iliÈ•lCÈ apwl Nwl Eimpargrns Bv$inets interWPtK>n daim Intome Irty￿ our local NHS CCG in the forni ofgran Income from Engl&Nd adrnintst(￿ by HQSFrf￿ UK eceipts the ￿Vernm￿r fijrlough schem& rnostty benefftts￿ sh Rate5 r￿le[ and rètail granE scheme5 frorn local sfmenllr￿e and At the same tlm@ Costs reduced due to a fotu% oft k@￿n8£0￿$ low whi15t thwe ¥ya5 a ofattiyity for nOrwar￿nt care xu¥itie5. The resLIL ofthe abOVe￿rIable5 $ * wrplus Ythich wlll bolster resw¥es w meet i nEw reserve5 poIKy whKh h45 a W turrerndy protecE thè hoswce from fLthfè Pf>t4nual uncen2irty aT￿Thd inttsme SErÈams and increased cost& What Dtherffi￿￿ElII measures did we tak•T When th¢ p3ndemic caused first national kJckdovm in Lite March 2020. Sr RId￿rd'S was is In a Stre￿ financvdl position but tsced a Very uncerraln fiJrtrp like much of the rÈsL of che cothitry. With th15 PDtential threat to IMIUidilY ènd a focus on the need for us to c(xltinue to sww)rt parnts we aN>ro3ched our ￿fik. Barclay5, wh￿h we an •xcdleniworWry rei4vonShl￿ to Set￿￿ a 12m C¢ronaifu5 Busine55 L￿n ICBILS an) which wc ha¥e rewd the year en The intÈrest or rhe103n wa5 to ￿paId by the accounts￿ for this in rhèi<counrs15 to thow thp interp5t 45 a COsLand aftd OPPD5ite income 5treatn in the lorrn ola grant from the go¥trnm¢nc Th• swlor rMin38ement rEa55È5sed ro in¥e5t ID ynall capital items Ibdow £250k 01sF￿} in the ytrarwthkh r¢dwsd r4uiremeTrt Sx cash. Howhas patlnt c4rÈ Changed dwlng the pandtymicT A nymbEr ofour Ser¥￿eS haye wenced a reduction in the ofreferra15 in thè lasr year. Howe¥¥. the actmty for e3th has in[r￿sEd reRecung the C￿eXty01Patlefflt'5 need. i.È there are mre interYen¢iws. interauions and care rrteded to $￿pport each pal¥iL Des￿ rhe ￿dE￿JD dema￿5 of redeS￿nIng 5eTrice5 ITr a pandemlc and the additional PPE ￿rdEn. servi￿S h3¥e COFed welL The predthon is thar numbers ol referdswll Incr￿5@ draitiaticalty In 2021122. We will con¢inue to monitor thÈ imp3tt 01 rhis Increased COM￿exrtYQI patient needs Co￿ne0 wrth the expecced irtre4$e in refe￿$. Vlhat Chang￿ do we want to keepT ThpV1rt￿ model ernFloyed by rn3nyof Our servlcos has Con￿ With Some bwefits Vth￿h wè vrill kx)kto onto. A b￿nded ol Phy$K￿ and lrtual wgagemert wlth patient5 to $￿t their care neods wthith èwbles us to bÈsr delfver the 5upwrt we haveto Off￿ is frKuS in the peded a5 V+ look to respond to rhe pred￿￿d increase In referd5. Page 14

ST RICHARD'5 HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 (Continued) Thè luture TheGre Work to fini%h our &Jild 2020 pr4oct had started befotp pa￿em￿ struck The fir￿1 partwbè<twurted wa5 Thecrew the main 5wxon cfwhk is showfl below. The Green and a550th￿d ro()n￿ mnnert4 to the rniifi Se￿On ￿11 [￿¥￿Ie4 belu￿lU1. th¥ap￿￿C aTrJ SUppDrbYe￿￿rOnrnenE for volunt￿$ and staff. TF a¢fio1￿1￿gart studh). exerclse studlo. mu$k and flm thwdpy roo￿ comFlemenTary thernpy ro￿ and PAir (pcurebelow bplye fvrnithedl ￿11 proykk OPPJT-Ybrties to care and eng¥e￿1th our coynrbwnity. CoYh4 restrictyon mll had an tffectort how we cwld ddNer 5￿ceS at the 5trt ol rh&%nart¢Y#l fftr. A reSE0ra￿ wykes iMplwnen￿d EO wre vthen we STrirothce a itis SD in a CO￿r￿l￿ated and safe ¥¥ky. Thedfèrrtl in Swd1￿ on (Ipit31 rtems during the financrdl rèar bE re$tarted nov4 we have suffl*¢nr re5erYes. Pap15

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 {Continuedl ion Yaluts Our purpose (ID briE() To care for %thth a serious Prove55N￿ Ilness improvlnK thetr w￿lty oflife fromd1ig￿S. dllring treatmert and to thtyr Pdst dayx We also SuFwrt the￿ loved one& Our ¥ision That prylq afftcted by3 ser￿u5 w0￿essIVe Illnets And tholr loved ene5 haye acce55 to i raryeoffree. excelent care and 5upporr tQ them to I IT￿ to th¢full. Forwhom d(J we careT Wetsrefor peop1c¥•th a seriwstwr￿IYel￿ne5$ytho havecomplex needswhich cknnorbemetbyoth￿SQTV￿e9. TPRsesnC￿dec3rnCerand ￿￿O￿l<al. respiratory, cardiat and renal urh WOr￿Ler$h1re GP. {￿r In-PIDeiit Unit tAre5 for Icr055 Worcest¥5hiro Our shared values - IAaiiionEhips al .kK75p we c.:Ir. irypr4rt. r)i." -:r..J Ih- I￿ller ron 'rbr Conipa55k) ring Coffjmitted Carlng Prof￿￿1￿￿￿1 Cornmltted Prof•aion

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 IConDnued} (hJr serwi¢$4nd howthe meet our w e In detsll C3r is prti￿ded by St Richird's H05Oce clin￿ Nurse SpochlSK5 3nd Hoswce at Homètsamsw patywts %%irha limiuTrg illne55 and fvr loyed one% ID thwr home. ¥vhwe homè is ￿EntifiEd by the patient 15 the preferr& ￿aCe of care. Multl-dists￿lr4ry Lhy Ser￿￿ prO￿e enaLln& rehabditxtive psycholwl jU￿rt for patknts ro live 45 wdl £5 POSSI￿È lrfe lifflityns illntss. This 15 athievEd by monitoring pajn and other physital symptoms prov￿1￿& adYirE ¥uldancè LO families and loved t)n@S and other supportiTr4 rhtt4ies e.g. aromatheripy. Mèdid ath4lcèto Gen¥?1 Practitioners is problded by St PiCh￿&S as apprwmt Berea¥er(w supp¢rt and c¢vnseiiing L% probided lor family and ¢Mes of forn￿ Patsenty both pre and post A bespoka bra¥èn￿mt serbie Icomrn¢5S10D& bythe NHSI IS prtiwded fOr5￿den death &E. su￿tand road trafk Xcidents. TelEphone access tc inbrniadon and ptrsrin8 for the weral PUL￿¢ and health and SOC￿ proknlo￿5 via our GatthY4y Serv￿ ￿ by i te3m ofoinical Nursè eciiliSts. A 17 bed COn￿￿t IL¥Y In-Paiieni Unit Vrirh fv11 Mulfj-DlscipllnaryTeam 5uppor¢ includingi desYlna￿d rnethcil team. Chaplaing and SFirthal 5uppori 10 provide multi-faith 5piritwdl help an¢J 8uidaTr￿. 2417 tdethne advire 15 aYaiLAble our Gitevrdy seryteand Clhiical Nursespecialist ICW (Jn outolh)urs. Gateway seThlcÈ% pr(￿￿¢5 a"triy- 5erwce In hours18.3oam-5.￿pMl and to a Ye￿ph￿ne advKe line kd by a CN5 en ￿1 from S.￿￿- 8.30am. Vdunteer 5wYKe5 pfcY•ide traiDed voluntrs to gJFyortwnt& Fdmilw carer5 a¢htyiw in Day Serv￿5 the In-Patrnr UniL EdL￿￿on and ¥pffi￿ls( p￿liat￿e and end of lile ure for helth and ¥Jcipl rare Staff, srdff ind Yolwrte£rs is WO¥id￿ by bespoke edur4tvn to￿. PartKipatw and e[rIag￿r In aPpr¢wli￿ resv4r¢h Iwj by the Natyonal Irntitutefor Hèalth RE5earch ainical Reyearch Nets¥ork. West Midlartd%. ectvieJ& ActI￿deS Thesrrawc Objecti￿ setfor the 2019. 2023 7re.' t)EYek4> pirlert ser%e5 to Meet the spec￿1$( rththllrAti¥4 p￿lia[￿￿ ¥hd end of lrfe care needs ol patthrs with i Irf Ilrnitin¥ in In- PaiM Unit and the ctymmunhy 24n. Devew and maifttin a flex￿1& mvlti-5kn1kd Vyrkforce WNI be equlpp& to meet £h3ll&y oldeYekpSng SPKi311st p￿111￿￿ end of lifE or Mpintsln resprw ofat le35t 6 r￿nthS ofrhecharl￿bI￿ to￿￿.$ exwdirurt. SusraiD gwd rdatiorts wKh all appW￿ltQ NH& fjylc￿ prwaty and vduntsry and cemmunny se£ttt rArn￿r5. Delwer hryh quah'ty p￿lIa￿Ve and end of lrfe in Wortexershir¢ by the bBtter Int4rthN cf the pro¥151￿ ol care p¥thers and rnost t￿￿le￿[ Use Dfall a55ots and Wigtions. Nurture 5raffar￿ volunteer and rer¢Thd￿ by i y¢x¢tyve HR policy that erKouragtt y)b satisf#ttw)n through god marwnL inify ind ppr5(>r41 d￿￿pM0￿ p￿￿Trin& while afkrkng r¢￿1￿￿ (knan¢iil refftunwaty￿. o￿lA lory term eontraC¢S vrith NHS Commissi￿er% tr othEf 5tr1Utory I>Ddie5 that prov1￿ 5t Rkhard5 H05pe ￿th sratutory fundi￿ serte surwt that conlorms to n#tiDnal ¢arrfffs Departtpent ol Health 8uidellnes. and Stratsglc TransFormat)n p&ns IDr Worce5terthiro and Hereford5hire and en5￿ that the finandal ilhcalon c(M)wrÈs tsv(￿rI￿Y ￿[h nAdL￿al c0thlmrt￿n to IThdep¥d￿t hospKe5. In aclievable annual IncreAse ID Income from fLthidASi￿ and 411 ¢¢mmoroal aetyvme5 to c¢Yer increa5e5 In ser¥￿e& inlation and any redu￿￿ In srthtoryfuThJlng that rniy impact upon S¢ Richard's H05pice. Develop and m31ntsiffl St Rkhard's Hosplce Prtsfi￿ aEr055WorrEsier5hir& avd othw are35 from thlch Patients com4 as the1rxC￿iCe charlcyr wpwrt. Broaden of yo￿t￿eerS to take Into accournt ILL)I démogrwo ond cU￿ra1 ittitude5 iovfards vdVnre￿Tr8 and crease in ¥OlL￿tering r<AoL HOs￿Ce ￿ nola platè. itis a plilosophyatCXr@. WÈ provide free PhY￿ClI. socknl. p&ychok)%ital 4nd 5pirltyal care in theforrn of speoalL%t medical counselllw and care SUFF￿£0 parknts with tlncer othw lrf+lifftitTw Illnessx thr faNMlies Ind {#￿ Patenr trdre is prnwded ar ￿Me. in r￿1￿ horne% in rEydwtyil homp% in the cornmunwhosphth IThr￿ W¢r¢¢stwshire Royal H05Pltat5 Aojte NHSTrusG atWiWw(xMI E)rr¥< orwhwever thÈ patient Wework cbsdywith OLY comrnunicy and ho4)itat tdlwues troffl rhe NH& Sere5. local nurshg horna&¥￿ othw volunriry SeThi￿ yowders.Ml our bycrt enPAnce5 the care and supwt P31ienrs ind f4miliE5 re￿Ne from statytyry Ojr care Is unconthnl, noTrludg4mBnral ind pra￿d￿ Iree of thrye w al at rhe Poinr of deliw, rydl¢ss of creed gÈndw, ethnk orill tr SOC back8rowd. Em and Volunteers 5¢ RKhard's H05plce has a RemunenrKJn Comtnittee thairEd by the CTrulrrrao ol G￿e￿Or5 with th￿ Governors ar￿ atwded by the CEO, HR M4n4er and Directw of Finance and Informadon. Each year it reYiEv￿ the ￿kneS of all members of stsff. $4kne5 for senk)r managemwt are ben¢hmarkÉd Wnst tha Crontr Hoswtè ?nd Charityes Rth¥ards reports with CO￿derI110n ro r￿ty￿1. West Mldl3nd& median. Addrion311y. Con¥d¥atwJn is gNen to NHS 4n¢J wfvate svtsr conyarors. This process Is apylied ro s¢ttyng the remL￿wa￿an of kry man3prneTht P¥50￿￿£￿. Pa¥e17

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED I MARCH_2021 (CoDtlnuedl 11 15 charity poliq to fvll fdir consideral￿n to app1Kati(￿S for employrnent made by di5abW per59ns hawng regard ro rhe p￿￿uL￿r abilit￿$ ind ¥ptlwde5 of eath appI￿ant and to the requirements ofvarnnt poSTS availa￿e. EM￿0ye@S who bÈcome dlsabled In service aro retainedwhwe possible eith¥ in ththr Oyffj or more suiri￿e p05rs. Stsff vdunteers a￿ kw ¥ to date ¥￿th ho5wce mattff5 thrtxrgh a weekly new5rer and tht-ln T•wh° ws Sheet senr to all ¥o1untoer The chanty is upon ffs 8CQ+ ¥olunreers work acrovs the full ol Ks p3d•Thr S¥￿e5. In shops and knndrai%e. During rhe COMD 19 pa￿8￿1(. ink>rm¢d by That￿TraI guidanco where It béÈn safe todo 50 ow voluTrtev5 havccontinued Lo support U5 in maryways- shopplry fr)r and ddivering Iwd to Yuknerable patientsat home. ctrllectin8 PP& and ret8ptson are i ￿ examp￿5 of th 1021 zoz Anrtu Mour5 AAdmbn151raLDr Wll CWIL CDm￿nitysQcts1 ios WVDlunttÈr TÈl{rttheBere4Yernt￿&Yport llthNu In9 Oinl¢ ￿E•Ort Li¥iryWcll VolUTr￿T Intsent u￿tHE1p￿r 2267 449 FWotheNpb th-iYer-Minibu5 Escory.Mlrd 478 IW5 aTrdTradhyConyny GardÈn KirchRDA51iPJ 69 475 Recepbon Mlin Euilth Go¥tmorTN51et 5675 F1rAfi￿ AthirdSyWr￿r Fvndts151niAthnltsiSLQI 21344 196 34 ID352 2335Q Pwl8

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 IContinued} rate icRe STRATEGY 2019.2023 St Richard's Hospice Looking to the future 2019-2023:Strategy map and matrlx Developing eX￿ptIOnal pab'ent care Sustaining and growng our Income Nurturing partnership and (>Jllaborati Supporting our wot1(for Creating our digital future eiink>lSlrnlèay FacHth Stralegy Rw•rth Stratsgy Funthtslng Stratsgy CtyNm¢fdal Slrte9y 4rKI C¢414boiat Strate Educ4tkn) ar L¢4n Stythoy Dwal Str• Sl Rlchard'6 Stratè9y Map Odr piJrpose- To cafokn sgAous Hiness. IMwo￿n) thf of1￿￿trO￿ oibJTrOs15. r vlslon: PFovlllnq•xe•pdoMI Ihni¢f• Sust4knlng 4ThdgrvtTry NuTlurtn9 Plrtnornhlp and ¢OEthbor4tlon $upporiiTrg owyorkfoic• Cr•atlTrg ovrdllltt41 futu H¢￿? Vv•s- ¢•rln9 commth Pr•f•*•iiwl

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE G ERNORS FOR THE YE ENDED 31 MARCH 2021 (Continued) Strate8y- Non Cliniral ent man lans forfirtu Folowkng marcfial fundTrlsing (arzets on the prvdcu5 paF our finantial revrtw ￿ as fdlows.. 5t Rkhrd's H￿Pitt Foundatsoil Tool intome for theyr wa5 £9,563,66712020- £7,946.Y781 Toral oypenthture was £7.12156111020- £7,191ts0n. At 31 Marth 2021 the ch4riW5 unresEritteO fvnd were £1&503.65712020- 116,144.6131 of whlch £12,674.165 (2020. £11.016.2611 ryesented de5iinatd trn81￿e fixed a55er5. The HospKe 3ctMtie& which are provided free ?IcharyÈ. are wim3riky F￿nderf by p￿11( dDnatit>nS, fundraisi￿ xtMts Ir￿rne generated bythe shops Opèrat￿ through Sr ￿5th￿d.5 H￿P￿e Trtding Co LIM￿?￿. yJpported by a servicecoMTrartwith the NHS. The re5tyLed funds are deraikd on wes 36 to 37. TorA rns[r￿d fvnd5 werp <107.383 Q020- £25.3181- The main factor whlth 5nfluen￿ the financj in the year the GO￿rnmÈTht,> response ro th?Covid 19 ￿ndant. ￿ the orm dadditwal supportfer Hosp St Rlthwd' Ho$￿£ÈTradIng Cornpany knrnitE The comp3Dy werArcd Su(f￿lent fu￿$. net of 8rft ded 531ès, to be a￿e to d15tribute £507.(1)712020 - £517,462) Irom o[¢rad￿$ in tts shops ar warth(wsÈto the parent charty. TO￿ Inrornc, Inckni&ng iThcome frorn the 5wle olgifLaided dOr0￿d good& which 15 retm Shops NHS dger for thts stream of Income wa5 set ?t3 iÉro on I￿￿31 fvnd5 received ITh 19no. ￿ Rbtharrfs manyd toa£Meve a 2.803% uplifr ID the level of NHS support In rho por1￿. In roSP￿se to the COVID I? epidem￿ thè tharfry reCe￿d additiunpl gr￿￿& tOLIll￿g £357.912 frorn the Hwybrd and Worcesrershire CCG, a Ctnfd ggverrmwr adtnini5LÉred ty Hosplce UK of£l.n6.921. DONATI<)NS. LEGACIES AND FUNDRAISING EVENTS In Èarly Mirch 2020 the ernerwce ofthe COVIO 19 eFrfdeM￿ had a signrf￿nt Impact on ow fijndr￿S1￿i ie5[rthons intÈrtttion and travel meanrrhar311 fareto Face fundraiSin8actNiue5 were curtwlEd from Marth 2020 and all 5￿p5¥￿er￿¢l0sed. AlternaDYern•an5 tsf tundralslthg3nd hosring e¥ents ¥vere Intiared, induding several gJcce5sfvl online 3nd virwil eYent& A resdienre I￿￿d was set UP and a W(￿5[u￿ 3ppd Sent OUE w supprsc¥& When CQVID 19 fundlng was made avaiknble by gomè pdyare Trusts, the I￿￿5 wèrè ful￿ ex￿ore0 and appli(3tKJn5 made with a gtr)d degree ol swcce5 TO￿ inEome forthese source5 e¥ceedtd ￿d1KbY Over £199k In they￿. Akhough events a￿d chalÈnEès aChI￿VA ￿Uk$ ￿l￿￿￿￿tIY iwd¥et due to rhe mpact5 of 19. thi5 was more (han olF5et by lep¢y and Trust 1￿CoMe bwn3 5i%nthttnd¥ hher than bud¥Èt INCOME FROM SHOPS Sr Rkhard's HospKe Trading Conwy Ltmired had adi5triLwtK)n tsr8Ètof U40k 5etlorthe fin3nCil year 20ni. made up tsf ner wofir lor th¢ oryanisarlon gi￿ i￿￿￿E on sttond hand good5. Total amounts rdlsed apinst thi5 tArseL w35 £559k. This tar￿ wl not 4reÈ to the audiced accounts a5 this n Inr•rnl measure created u5in8 3 5q>aratÈ method of Meas￿rI￿ performantè. The cornpanyexperwcd pericd50f cbsure wihin thE&nanEial year dvp to Cti￿d 19 the eltKr of which mkigated by gcwernmwt rtail granrs a Su￿e$s[vI business int4rruprk)n knsurance climn affld raw rel￿. Thec¢5t oflundr3iSing activit￿ in the rtduttd ro £2.716,43Z11010- £3,186.4541 beknga consequÈncèolnoirunniThg Fthywcal fundrw51ll8 eveni Page 110

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2121 {Continuedl Strategy- Clinlcal A summary of che effetts of Cwd-19 has been yven above. Activity outputs for somè of our ser¥ices are a5 follow& Llvlng Well Attendance 11JO 90 •Arts and Crafts Coplng with Illn866 uF8tigu8 Managem•nt Qmanaglng Breathlassness •Men's Spac• IIR•laxation 81 78 80 70 60 60 60 50 40 30 20 10 57 55 29 •Sharlng Storlès Tal Chl Sliting •Tai Chi SlttSng - Thursday •Tal Ghi Sitting - Tuesday CNS Contacts 5.000 4,500 4.OIKI 3,SOO 3,000 2,SOO 2.000 1.500 1.000 500 Apr May Jun Jul Aug Sep Oct Nov Dgc Jan Feb Mar H1: +19.0% H2: +5.5% •2019120.. 39.085 ll2020121: 43,878 Overall:+12.3% InpaJ•ntAdml$$lon$ 37 3S 34 32 34 29 31 25 27 2930 25 25 25 25 2324 22 23 23 20 22 18 18 15 10 13 llknlmiidlillll ' Apr May Jun H1:_12.0% H2: +10. Jul Aug Sèp Oct Nov Dè¢ Jan Feb Mar 2019120: 304 m 2020121: 299 Overall:.1. Pagel I I

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 {Continued} Acti¥rty br 50rne s¢rritès were aff￿d rnore than othw5 during lotkdowns with Li¥ir¢ V￿1& attendaKe5 at O hr the moMh whKh was follow bya Str￿1 rebound actywty 15 5oNce5 VAS rèstoréd. Comrnents frorn 3ervicE 3nd thr kmilies contynwd to be which an Indkatlon olihe ￿wePer[￿￿￿d dufins th￿% challènOr¥lmex '￿￿enIng to other People soying they ore very frightened when they connot get th￿r treGth helped me to know l om not the onty one who feels like this. It is very frightening. but l om leqrning thot ifothers are scored too und are ok. I can be Sometimes doctors 0￿ busy and do not olw<Jys hove time to expluin things to me obout my treaihlessness. In ihe group there is more time and it ts eosier to understond. We t711 have different illnesses. but we ore all breathless in the group so con help each other." (Patient Februory 2021) 'WheF) Nom b￿ame terminolty ill. and the GP suggested thot she spent the rest of her tirne in St Richords Hospitol. I had my doubts. but she needed the specialist end of life cure Pockage. that we could no longer could Provide. So reluctontfy. I ogreed. Mth everyone else. and it turned out to be the best decision we could haye made for her. The stoff were excellenc the care, omozing. the building, Erea¢ and it's sei in the most be(r(rtrfulgrourtds, too. It mode her end tim< ond the inevitable ssin& certointy that bil more speciol. ond I wouldn t hesitote, in ogreeing. the next time, onyone osks me the same question. t7s St Rtchord's ts the most remorkoble Ploce. t7nd we'll fO￿Ver be in their deb£" (October 2020) ~My beloved dod spent his lost 2 doys ot St Ibchord's before Chrisvnas. We are so immensely grotefvl for the wonderful care ond comPossi(m he (ond wel received. The stoff we rnet were so lovely ond lind ond it gave us comfvrt ut such "fficult time. We thank oll the amazing staff from the bottom of our heorts - we could not hove wtshed (or ony more fv our omozing dod in hi5 finol d(ry5. danuory 202 IJ I￿alL(￿ar￿ardS and clinic￿ quallty TheclinicAI work 0151 Richzrd's Hosptè is SuFyt to audiL re3i5trauon and compli4￿￿ bYth￿ Care ¢Jality Commis5iOD"Health and Social C4rc Act (Rqulard ￿¢￿() Régulat￿S 2014 par[ 3- "CQC IRe8i5trationl rozulation5 2(K)9" FO10￿n8 rewstrdtic>n. theré is On%tsing monitwing of St PJ<h3rds cllnlcal qualiyyrd a yarw of sour￿￿ ol1nforT￿lIts￿ xce55ible dark On 9lulle 201& ¢hp CQC ratEd St RKhir&s $W¥￿e5 oY¥all as gwd. CQC ins￿¢t￿oN area ratings (Latesi repJ1 ￿￿1$hed on 9 J￿e 20161 Safe GcLd • Good • G(￿• Othstanding GocJ • Effeclive Carv Res￿n$￿e l.led The Hosp￿¥￿￿dS lisown quarterlyCl￿i￿aI [￿1¢Y& PaLiEntSakry su￿COMMIttee￿eeckn15 whKh aTra[Ler￿ bytwo Goyemors there qualry mers ¥¢ r¢y1eY￿. Thc Minw ofthe5e Th￿￿O￿ares￿bmltt£4 co rhe krykeIDev￿QPrn￿￿t ￿b-CommIt￿3nd the Councll OlG￿ernOrs.Addlty0￿alIY. annuil Clinit31 Qualiiy aré tarfed ¢u¢wlth NHS Cornmtssv)nws. PRIORITIES FOR IMPROVEMENT 2019-2013 Summw7 ofachievements.. Impr¢w¢meftt Pr￿rtty I: Dvdop a clin￿￿7 Stratw aurlnes a clear cllnKal vj5ion kn St R￿h3rd.5 clinical wrns In Ilne whth Susr3inabllity ind Transformatton Partnw5hip ￿TPl Oprhtse5, Ytideffjingaccessroend of lrfo Gir@. thèdÈlw4ryof•xcèptional person-CWtTeJ spec4listend ollife care ihro contynuous serYKe ￿nprO¥¥￿￿t confirmed by positwe Wback frotn p4fjent5 and k)¥ed one5. Partially tomplèted. went has taken place *ith staff. partrtr oryanisations and patients to detf rmine thÈstrateg¥goinE fornard& Thls work rontinues thecontext of the global COVID 19 pandemk. IrnKYOvémant Pylorlty 2: Asplretoan Outstandingraringby CQC fdkJwingthÈnextunannouftced visit. Partially completed. Although noCQC Ylslt kn the ytar, St RIc￿rdS has been acknowledged by the CQC as am exemplar in it5 res￿nse to COVID-I g. Patt112

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 (Continuèll Publ1¢ B¢n¢fi¢ TheGo¥errbJrs Cons￿ert￿t tw havè tornpl￿ with thedury in Sethn 17 oftFCharitiE5 Att 2011 and have rÈfrrÈd to guldant•COntsI￿ [ Charity ConThssion's general gupjante on puiAic reYYdwin¥ thr alms and ebi¥&S and ITr pLTnnini fvrur•activit5. St Richards Hospice clinK415ervice5 are free to all.. tyeath d)e5 nor thscrimlnatè 2nd néith￿ do￿ St RichArd's in offwn8 a (evd of $p¢cwli5t P￿liatrIe care that the NHS cannoL Thèon￿ roll limit upon our 15 the4bdrty to ra15e tsids. Kn￿TrE that art Ilm1￿$& the cornmunity refers padents to the Wce who are ITr g￿teSt need of caro The number ofpatlents thar Sr ￿thIrd.& h¥ been ab￿£0 hdp in 2020rLI ts as follow Cate80ry 2020ni 2019120 Number oIAthhI￿iOll¥ to the In-Patywt Unit Monthty aY¥age ol Day Hospice rAti￿lS att8ndanc Nvmbpr Nurse Keferryals mber Df Farnily Client Contatt% 299 53 894 304 1.02S IQ733 .¢les (Protecti[￿ and 595ILI IDvestrnenJt Att 2016 Th15 rewr covers rqu1fw￿￿rS tharfrle$ MUSt￿￿W # set ort n the Chanues kn 2016. We ￿Ph￿d rl st¥thrd5 in how we <omrnunka ￿lIh WFKJrtera onsure that ￿r prattth rn the reqUirTn￿￿¢S ol the Mrne￿ed Cedes ol WÈ4rè wilh fvndraising Regvkn. vthjth the stsDdRrd5 fOrCharth￿fvndfaI￿ng 1rdwe￿wrI tFA¢ our hjndrdiyng ￿ respecttLI. open, honest and AttOUntrb￿ to the publi Donors to St Wchard's hOS￿tÈ be assured VTrE compty wth th¢ lU￿ory for kndraI￿￿ E￿dence of m@mbrrshtyJ can bÈ found hpr Id We arp 1150 swed ￿ to the FLndralslng Prelerwcekr¥k• to 4nabk to w ourfrom recthry fijndrri5l￿ c¢￿n￿ni￿￿￿$trvrn Yau wlll find St Rkthar&s ￿ndr￿Sing prornise Gn thE ho5Pte w5¢e weAv.5￿Chard&O . Lies1bn.a￿￿.dlln1tiTr ksTr&wlth our Gulde tv successi￿ Fundraisinglor thosetylshltyk to lundrwse OD St RKhard'5 beFAII Thi5 indudes a 5taternentab(wt Thon￿5 bel &Je rorh¢ chariry 6weth5 ofthe eyenL We moThiwr rhe activity thruulh ovr CRM sytem U￿￿£ the 5y5tn %h¥è w)wble. fundr4WngwYke provh1er5wevl￿S￿, t0￿sObE Siird up ro dcvde. Wt ha￿ no repo￿ of any falure by thè charty. Qr P￿n on its bthalf. to ￿M￿Y knndrw5ing standards or ¥thw￿ tr lundralskni that the (￿r￿Or the per50D OD its tstha1fh￿ wlunuriLY SubsrribEd to. 1¢ C05t us £8.7m to provhle our hospiCQ seNcÈs chis yw. Approximat 47% of came from staurttty fvrAlng and %e n•ed to ra￿e the brt¢ tWou8h fUndra￿1n8. Th￿ ￿5￿31￿ hlgh of frjndiry from Statutory due to gOver￿n￿ wpport rdatyry rg Cowd 19. and Is rX articipat& io be repeared. Ow luntha151n8 effort InvdYe5 ￿Cou￿8[￿s ¢kna[￿S and in vrills rUnTri￿ campws and e¥￿ts and fuThllrpd from Trwt & gr￿t orpnisationk In the 20.21 knan(ial year. Income was 1rnp3c￿ by the Co¥AI 19 pindcmK, wrucularlyfrorn fijnds norrtHIy Th5cd thaLkngeevents and ho￿￿11Y, corM)unity e¥￿t% and iorpm do￿tIOn S￿ra1 ofour In-house fiJndrASskng tearn Ire m¢ners ofthtlnsdts4 ofFundrnisingand c(￿unuewth thtir wokn40naldeve￿pMEn( toen5ure comFAithtè %¥lth #ll thè 5taththrd5 5eT in the hJThdraing Regulror'$ Code ¢f Fundraisihg PrzcrKe. We have a Gr)¥ernor de￿Inared to kndral1r￿ %Yho uses CC2V chetklsr f¢ hlp mOn￿r and'sen5e theck, our Inc¢mègeneTrrK)n awvty. The des￿nat& GO¥Wn￿ attend5¥￿￿11t training and rneets vlth the SMT to ￿￿Jrecorn￿1lfÉ. Ojr iTr-hou5e fundraising team onpge ¥vnh third party 5upplier5 tc hdp us defNer fundraisiry inwprrie5 such as direcr miikr orgenerate Trust InctimL We 31ni those wcies and personnd ¥vÈ emplvy als9 observe h￿est sundards in terms of (undratslngpritsce Ind have 5thguards in platt Véhe￿ wtsrkir¢ wth &uppliws so that we pr¢)tect our supwc¥s ar￿ the repuratitin ol Otsr tharity. Our website oudines our comptsinES p<Ay Ior thp publK and clearly exFlains how in Indlvidual can Com￿rt We rxeNed 12 Complaints in the 2020-21 fin￿cra1 year, these were precbmlnandy around diLI inacc￿ra(IÈs. cOm￿al￿ts are dealt with in line WFth our fuhdraisiry corn￿"￿[$ po1￿y. Most semu5 compliints ire e5(31ated to our Senior Managemenr Team Isfffi Govprnor5 50 they can consider ￿50n$ ￿arrnt. Gownors also a regular reponiboutcompkn'nts and y￿report¢0 the FundNsing Rwhtoron the Aftsll report is wo¥ided w the board ann￿llY financ￿lY￿ar was serr to all trnard M￿berS rh th¢ M¥rh p3pw Wetjo wt cury out any teWir4K Fe.Itrfa￿ or d(x)r-ttrdoDr kndr4i5ing. AJI fvndratsiTrg acdylry ccnpls EU GonÉTal Dats Protettion ReguLiiun IGDFftI Imroduced In May 2018. ￿0ML￿c￿al yods $t¢urlor fundrwnE pvrpose5 use ofour lo80 ￿ extwnal fundrairy mltthils is to 3pproYJl. We hoH k full lice[￿e i55vod by the GRrnbliig Cornrni55ion and athero to ru￿$ 2thd regU￿ty0￿5. We have an EthKil on the Acttprance and Refus￿ of DonatiDll5 states that we ￿11 &) our vtrtK)5r to Sor￿e and atcept fu￿5 ￿￿t￿ the pr¢SUMPti￿ thJt donation$ are in gctsj and that refusal mU5L be only yn the 5tr0w gr￿d% Thè wlky set5 Out ￿￿￿tt￿terS ￿ which donations ran and *vJld bE rdwj and how the Chariry goe5 atr¥)LQ making deri￿0￿5. Paze113

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GO ERNORS FOR THE Y ENDED 31 MARCH 2021 (Continuedl I staff at the hospu Includiry fundraisèrs￿ comFthan¢and this Indudes tfainingon $3Wardityforvulnerknle adulrs and for safe8uarthn8 thildw, The Fundraisi￿ Direttof ￿12 corn￿13n¢ and all othws fvndrrising we tywntyl to knl l. Th& be ev￿￿(ed agalnst every indi￿& traini￿ rerord. We have pUWiSh￿ our ¥ulnerablè persons pdky ￿ ow web51W. We aTe also syed up to the Futhdr￿5￿8 Pre￿r￿ce Sornce tts ¢Thab￿ Indwbyu￿s ro opr out fr￿ in gtsnr tru3T or Itp¢y Income. and a dovmtum in from the tradiTrg sub5K&ary cornwy. T Hospke mitl8ate5 the5È risks ty f¢cu5ing OD the fr)IIN%in advantr3e olappcrtUnitie5 w reduce costs where dNS Can be done ￿thoU1C0rnprvMl51ThK Other hospKeciectwe5 To contin￿tr pursue the o"etrive of diyèrsrfying kncoffle 5tream5 50 that the irnpitiof 3 redUc[￿n in aTrYo￿ iKorne 5trEatn Is less SignKant ro the WpKp'5 a￿lity to 3thEve Its 8031$ Hold 5ufficihL r¢r¥¢s w albvff it fime to iddre55 financi￿ as ty prp5ert thÉn￿￿•S The Gownor5 of St RirhHrd'5 Hospit• F￿JnOa￿On have underrdkn ¥ revitr￿ ol reseThe W￿¢Y in aw)r(knce ￿th their to dc thi5 regulady. Up to the yÈar ended 31 March 2020. the rh3rW5 polity requlred Ir to aiffl tg ￿rS￿ri￿￿ of 6 moths ofch3rity Evend￿￿rE. Governors havE agreed ro re¥tse this mth¢d ofd¢rWmlnl￿ i raryeL re5er¥e W, with ihe ￿￿[ re¥￿ resulti￿ in a pdicy th3t kjoks to the fuvJre Eo define ar quaTrtify how rnuch re5erYe5 sh)uld bE hdd. censthring.. PotEntK)I vcAarllty of budgeted tuture inrome 3nd ewsiture The c05tol knr)wn capitsl pro￿5 need￿ in th Dex¢ 5 Struttural budget Redund3ncytr>S¢S rh• eyerst of an in5thency yoEedure Fdl0wi￿this rev￿w. itNW caku￿r￿ that the amDunt to be Wd In fre2 re5eryes t £3.818k. The b3lwce5heot at thè1￿ ended 31 Marth 2021 5how5 a free rÈsÈrv• poskbr of £5.829k whKh 15 n.01 Ik Over the nthy reseThe w)IiEy. Governors are CWTrHttÈd to r•M￿fi cautlous in of the 4conomlc erNkonment in which wefind Oursew whi15t 3150 rKoL￿s￿l the nee ro iffl¥e5t ID clini¢al $ervKes and Infras¢ruotyre beyond c¥ital projects IKluded in thp nEw rèsawe pc4iCy. They are also fo(u55Ed wwrin¥ that sufficient re50urte is a¥ailable to rhe organ$ation to enable capitali50 on a maturing di8Sul sWateEY. AS such. thE thariiy is ￿l￿rn￿g to reserves 3bo¥e ir5 cwrent taw Whi￿ Oobal unc￿1rtY rerrans. arÈ ￿rnes. as J re5UtofYthith re5tr¥e poliy will rnatt¥ Su4ecr rc fvuent Go¥errt)r re¥l¢wlor theI￿esee￿b￿ futwe. Pwl 14

ST RICHARD'S HOSPICE FOUNDATION REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 MARCH 2021 {Conunuedl ltt¥tstmoht Them40rfty ofthe Fi￿nCilI Ihvestments by the Group are nwi4Ed by C105e A55et M403¥emeDf ICBAMlwhlch wa5 appo￿ted in Aprll 2014. The investmenr target i& CPI + 4% Marth 2021 wa5 4.7% (March 2020.. 5.5%). Accual pwftsrman￿ of all invEStmnr cknes i.e. thos¢ 4wed by CBAM and inves1rn￿1WopOrnY in thé yèar was IS.9%1202tr..2.6%1. The hospice's In¥eSirnen￿ are 3 mean5 to earning reyenue to whlch furth¥ the a)ari(y'$ wrysp. The rlme horizon lor these lThvestmentt IS 104 ye2rs', the p￿1￿) bwn8 EO m&lum risk. Inyestmenrs 4tt noi I[￿dE In compan turnover from or woduttion oftobxco. Income from thesein%%trWS areiKluded in note5, wtal hicome shown In rNs notr 1% £104.21Q (2020.. É116.931I Df which UO.$2612020. £39.6561 vrAS intere5r Inrte 51. The pwlormartt of by tht eharw are re¥RW￿ rwlarly by SL ￿thard's inve5tynert temmittee thich Is attwd bygtyvÈrnor% $trff an iryvestmert marAg¥ from Ck>SÈ Brothers. $tatem nt a5 to disclosure of Informatlon to avditor5 Insofar as Wath Governor5althE(hartyat the dareof approvalof this roport is aw3rèthwE ts no reknnt audif information Iinl)rmation nÈeded by the ck3ry's auditor in coThnecrbn pryrtnlthe audit rw olwhkh the cPArity's audiior is unaware. Each Governor has all olthe that h￿$hÈ should havè tsken as a Gownor in order to m3ke himsdfther5elEawar olaDy Inbrmat￿rn #nd to eStabl￿h that the Ihariy's auditor I￿￿01 itrot informatitin. sts¢m￿£ offj ts￿. re5 GO￿nIys (who are 415odrectors of5t Rkhard's H05pke lor the PUry￿ olwmpany lawl are IDr pryrSng th• Govwnrr5' Rep)rt and ihe financAI Staren￿ts in Kcor<knceiYlth Jpplkthe law and u￿ted Klngdom Genertlly Acttptsd Accounts￿ PTrcikn (Unked Kinidomkrouniinl &andardsl G)ryany law r4uire5 the Gowdrwrs ro wepar• flnancI￿ 5tsr4m￿ lor ￿(h year. Undw compgny thtr Gownors not 3pkYove the llninc511 sTrrtrn8nrs unlèss are that thw8Trp a trLE Fair ￿eW ofthe SL3￿0t￿l￿rI ofthe tharrtable w)wny and the grn. Theyare a150 reswxi5lb￿ safÈgukrdin¥ the assets ofthe chwity and the group and fer raklng reAl(xu￿￿ 5rep5 for the prevention detethn ¢ffraud and ¢ther rwlantie5. The Go¥ernrK5 Ire responsbk for mimier￿ncÈ and inteyiLy of the and fnancial inforrnathx IntludEd on the ch3rfrxb￿ ¢ompwy's Leglslirkn In thÈ Urtltal Klngdom governi￿ the yeprntion and dissemination ol finan￿￿ 5ralery￿ts mirdlff¥ frtyn ley513t￿n in od)er juriS¢lctyons. The Go¥erncs SupportthÈ prkntlp18% of good gwnance set OUC in the Charty Go¥emarK¢ Codtand use5 the Codetoevaluate it5 eftectPrt55. Audl The 3￿rt0r. CrOv U.K. LiP. wil bè proposed IDr rtr3pP&ntyn￿ell the forthcomlng Arlnual GÉnéral MÈetin8. The repDrt of the Governors (Incorporadn8 the dlrKtors' report and the 5trateBlc report)was approved bythe Boar¢ dG4)verrKf5 On 2021 and Sigrb¢d •n its bch¥f br.- I P Cow-Ch*rm4fi ¥($1 Izi P4el 15

ST RICHARD'S HOSPICE FOUNDATION Independent Auditorfs Report to the Members of St Richard's Hospice Foundatio•) Oplnlon Wp have audited the fwuncial statemenrs of St Rltharfs H05pice Fwndati¢m ¢rhe charv2ble compan￿} i(S SubsId￿ri&s (the groLP) for the yewr ended 31 March 2021 which cDmpri5e the Consolthted Ststemenr ol FlnaDoal Actyviw Group Balance SheeE Company BiL4ncc SW Cons<4idared Swémem of Cash Mow5 ond note5 to thp finaDcial 5tsEements. In<luding sitniftsntaccounting policies. Thefinantial rwrrirE Iramthvork rhat be apOied in th?r preparat1vn15 applicablelaw and Unired Kingdom SLRrAards, kncluding FinJntial Reporclng SuThYard 102 ryhc Finan￿71 Reporting 5tsndard aP￿rable in the UK arKI Iepublk ol Ireknd, ￿n￿le￿ Kingdom A(c￿￿tin¥ Pwiel. In ￿n￿)rI the fknawil SratpmL￿ts". Ewea true and fair Lhe Stste olthe zroup's and tho chAritsblÈtomp3nys iftalr5 a5 at 31 M3rch 2021 and of rh•grO￿,5 incoffle and exwDdi¢ure. lor ¢lryEar ended.. have bew ¥operty prepared In accordante with UDfted Kingdom GeneTrllyAccpptrd Accoun[1￿ Pract￿ have been yep¥ed In act¢rdantèwlth the requlrements of the Cornp3nks Acr 2006. Basi5 foroplnlon We condKted our audit in aCCord%￿e lnterrtadon￿ Standard5 on Audityns IUKI OSAS IUKII and app1icaWc law. (Mr re5wsiblibe5 under those 5tad3rd5 3re further described in theALditor 5 rÈSFK)n￿￿4I1tyes lor tht audit ol the finarnc￿ 5Utcmonts 5ectKJn of reporr. We a￿ Indepwdwt of tho 8foLV In accordJnce wilh the echiC31 rewirerrents that are relewant t0￿r￿di[ of thÈ financiil statemenrs In the UK. IncluditE the FRC'S Ethi StandaTd and y￿ have fuffilled ourother ethiul rÈlPOnSibillLies ID aCCorda￿e vmth these re4UiremeTh￿. We bolieve that the audit evidence %¥e ha ot¢aIn￿ is and appropria￿ ro proYh4e a bash for our opifmon. ConcluJion$ rdatlng to golng concern Ir¢ auditing thÈ financ1￿ sratemens wc ￿ve con¢lud•l that the fNsteeg ￿se OlthE￿I￿8 concem bas￿ ofaccounrty of[￿ flnancml statem￿tr 15 wrowiate. based ￿ thework we have performed. ￿ have not id￿tIfied any matethl unC￿lD￿￿ rditing ro conditions ￿d￿￿￿allyQr C￿￿1[1¥￿￿. miy u5t slgrml￿nt doubt on che charirable company'5 or the group s abiliry to contyhuÈ as a going conwn lor a period ofat103sttsYel¥e monthsfrem then thÈfinaMcial stsrernents are JuthorisEd for issue. Our responslb11th5 a[￿ the re5￿￿51b11in•s of th•Trusteeswlrh ryQEt ￿ 8oln8cLYKern Are in the relevant ￿10Th5 ofthis Other ihformatlon The Trustees ¥e responsible for Iho other 5nfortnati￿ conrained the annuil rep(xL Thè other inlorrnitson the inforMa￿￿n induded in th2 aMual rew4 Oth¥ than thtfinan¢i¥l sratements ow auditDr'S rÉptsrEthereon. Our opinion on thÈ financiil Sta￿rnents doe5 not cO￿r the other infrJrmatyon except ￿ the eXtentetherW￿e eYphU￿y sured In our reFX we do not Éxpr￿ 3ny form ola$5uranreconclu510n thÉrOn. Ow re5wsththty is ro read the other inlormation Ind. dO￿g sth c¢n¥iderwheth¢r the othw IDformatyon ts Material￿ iKonlstoit thefinanoil s￿l¥m￿[S or our knowwy obtainEd in the audif or otherwise appe3r5 to be MaterKal￿ mo5t3¢ed. If Idenrfy SLKh maroriil Inconsistenves or apparwt tivatsrial misst2trrnw￿ we are requlred to deterfflinewhether this SI￿ rise to J material missraieDW In the fin￿011 Sfar¢NMS rhem5e1ves. , on work we have wformBd. Conc￿0￿ thir there 15 W matori31 mi55tatemwr ¢fthi5 other information. y￿ are Wuira to reFQrt that ts<L W• ha￿ nothkng to wrr in this re8ard. Opinion5 oth•r matt¢N presuibed by the Compahles Act 2006 In ow OFrfnion ba¥d on the work ur0ertsk￿ in the ¢our ol aud thp In1¢￿￿at￿n in t￿TrUstee$, repor¢ which ￿[￿deS the D1￿CErn. reportand thE Strategic reFxYf pry￿r￿ ftr the puvpos¢$ 0fctyh￿Thy law. for the Inanc&l yw for whith thè financial sraEwner¢rs are wepared 15 consisientwith the financiil 5tstEmEnts'. a the Strareyc rep)rt and the Directors. rewrt Includc¥J the Trutt£es' r4porr haye been prprÉd ift accordance Wirh appIcab￿ I uirements. Mattts on whlch we are regulred to report by exceptioTr In light of the knowledge under5tandingof the group and chartrAb￿ comwy th¥r environmenr Obta￿e&l￿ thE course of thE autho we have noc ev￿¢d Mat¥￿ m1s5tatement5 In the s￿t¥ repcrt or the DirecLors repr￿ ￿(lUd￿ ￿[h￿￿ the Truxee5' reprt. WE have nothing to rwrt ￿ respo¢¢ of lom•￿Tr8 matt¥5 In relatson to the Comwie5 knt 2N6 r￿￿1r@S us ro reportto If. cur adewate and prow aCCOundr¥ r￿ordS have noi been kEPL or thefinandal scarernen￿ are noi in wewnentwith the accourriDg record5 and ￿t￿s." or cen3in disclosures of Trusrees. remuneTrtion spetiled by law I￿ Dot have not r￿￿ed the Informat￿Th and eX￿ana￿on5 requre forouf audiL Respon5ibiliiie5 of Trusttts AS eXP￿Ined rnore fvlly In the Trusrees. resp￿$1￿1￿1￿ 5ratEmBnt Isetour on page 151. the TruSLÈèS Iwkn I￿ 3150 the direcwrs dthe charit3ME company for the pufpts5ÈS of company lawl are re5ptsnYble lor the prLyaraiion of the finincial statement5 and for bwng 53t¢sfid that rhtygweA true ind fwr ¥￿￿. and ftrr 5uth ID￿￿31 contrd ￿ the TrusttES de[erm￿t 15 nécessary ￿ eTrIb￿ tho ¥ewation offinantial s0￿mentS thai are free from maierial MiSSLIt￿ll whethw due to fraud or error. In proparSn¥ the ftravcial statemen￿ d TruS￿E$ are re5W51ble br 3s5ess1￿the ch￿rtable <ompany5 abiknty to conunueas a going n Pagel 16

ST RICHARD'S HOSPICE FOUNDATION 4$ rPplob￿, mattws r￿lled to goiy concern and uslr¢ the gohgctsntÉTn basis ofaciwntyng wless the trwtee5 either intwd to liqyidarethe charitable tompanyor Eo teasÈ (Veraty0r￿ ￿ haveno real￿ althrnarKE bJt to da 30. AudStorf5 responsibilities for the4vdit vl the fiD3rKial statemen r "ectNe5are to obtain reasonable aSsUrar￿ Jbtsut wh1tl￿r the Ir4rKi?l5tat￿￿Trt5 a5 a whde are free from marwial mW¢ewen¢ whher dueto friud or wror. andta Issue ?n audit(￿$ repon thar Includes our oplnk>rn. Rèasonab￿ 355urance Is a hryh W of aSSilran¢& bui is not4 that an &￿jit conducced h actorthnce wth ISA5 IUKI wll alwxy5 deiecr a rnatth￿ mlssr2tÈmèrnt wheffl It existy M155UtemeTrts Ch vise from traud or error and are consldered rnaterlal if. indmdualty or lrt the tlwcrwJld rea50D&dy be &{F￿r￿j ro Inftutrtethe e{on0￿C dedsbns ol u5WS taken on thè iwi5 of th¢Sefin#ncI￿ statwnentS. Dals oftheextsnt to %Yhkh tht audit W75¢0ry5idered capable oldetettw 1rrrwlariti￿, inrludi￿fraud arnd r￿n.complI1[￿￿ wlth laws are set ¢¢Jt below. A Iwther descriptun ofour respons5￿l￿tIeS ￿r the auditof thè 51atetnentS 15 IDraLed on the AnanC￿ R@poru￿ Coundl's w¢bsite it.. Thi5 descrlprlon fi)rn￿ parro1￿r￿Ud￿tir,s rep(rt Exten¢ to whlch the audit wasconSidered <4pble of detsctlng Irregul￿1￿e￿ includng fraud 1wl1nty￿ includiw travd are Insran￿$ of and rel￿at￿￿¥& We IdeThrlfiè4 and assesd the risks of Materi￿ rnlsstatement of fi￿ne1￿ sutéments froffl 1rrngU￿r￿e1 whether du¢ to or error, aTrd ducussed these beTrYew Our aud¢ wam members. We then éesigned and p¥formèJ audlEprotèdurÈs rwyvE to those risks including obralnlng lKler￿ SU[fic￿￿tand apwoFrihtetfj proYidE a b45is f¢r Our ownK>n. We obtainud ￿ under5tandir¢ ol the W aThd ryla¢ory hrnyW)rk%wi¢hin the charhablo csèd the required comPlan￿ wrth these laws and r4ularbns ￿ p¥tofoLf wdit wocedure5 on the r￿a￿d financial Sute￿￿￿t Item% ITh addityon, bye considered provlslonsofothtr la¥￿ and thiido not FA¥ea dlrtttetfett on th¢ ￿¥Th£1￿ stat￿￿LS ￿tt￿m￿lanCe %Mth thith m¥ht be lundamenr41 to the cFATrubkcorwy'5 3nd rhè I￿P. Hbility to 0￿rat0 or to ayad a mawkil We akn consvJEred the opwiwlcies nd ￿￿enrIs th•t rnxytxixwth￿ th2 Ch3rit3b￿ cornpanyand the gwup for fra￿. law5 rc8ulatws V￿ Consider￿ in this Cont￿ wèrÈ the CQC R￿￿¢￿n$ Gerjeral DarA Prtitettion RWla(￿n5 and Ern￿oyment 1W5￿t￿)n. Auditing andards limit the rwUl￿ audit Pru￿￿rE5 to nOn￿rn￿anCe with these and re8uhLkJn% to engjiry of [￿Trus￿e5 and other ftKknagèmthtand insptttion of regu￿t¢ryind al wrrespondenrt Ifany. We identifièj th08￿a￿s[ risk 0fmitri￿ irnpxt ￿ the finafflclal 5tatemenrs Irom Irrwtsrni•S. indUd￿8 fraud. to bewth thè ¢ornpleten¢ss and ateu ollncome and the overridè of controk by m3nJgetnenE Our a￿￿￿ Pr￿gIureS to respond to rhese risks inthdwj enqulrles ofmanwYw4 and thE Fkninre and Inrgme CommnteeibDuL thar ¢hYn a5se55lDert olthe risks of Irregukntye& deS￿ni￿ audit pr(K￿vre$ o Income. sarfpk testing on th¢ poxlng 01￿￿rnal% remewing accouniingestimares hr bra￿ rewlatory carrÈswndÈnce wirh the CknILY ComM￿s￿)n and readiry mirwJtesof Th￿￿ThE$ ofthose tharged gov¥￿nc to thÈ in1v￿r limitatK)ns ol an a￿dIE there Ss an tsnavoidaw risk th?t we may not Trmvedetetted some mattrval ￿S￿l3￿Ments in the fjnaKial STktemenrs. even rhough YÈ haye prowly P￿￿Tr￿d perfornd our awdit Sn accordantè Stsndwds. For examp[4 the lufEhEr removed ncffl-comFliance la¥Ysand rqul3tK)n& lirresuLgritie51 15 from the eyents and transxtbns reAected in thè 5t3temenr5. the le55 likely the inh￿￿tty limtted prott6ure5 rewired by auditing standards vnuld idpnofy IL In as any audr. there rerDHinpd a14ghtt risk of non-derb￿oTh ol Irr￿u￿￿e%, thè* may if￿0￿@ coll￿Sk)n, frygery, intent￿[ omis&on4 [TrISrE￿e¥crnUO￿% or the overrid•ofin¢ern￿ control& We art not respon%Ne for and ￿nr￿t tOd&ecrnon<om￿I3TrCe all lawg regulatiorts. Use ol ourreport Thi5 feFNYt is made 501è1yto the charirablecomp3nls mernber% a5 a Wy. in accordaKe wRh ChaP￿r 3 014rt 16 ¢rfthe Compinies Aci IC•)6. Our au<lit work ha5 W undertakoi 50 thatwe might sDte to theCh1rtsb￿ mpmbEr5 those matter5 wearè r4uired to state to th￿rn in an audtoes reportand for Do othw pJrws& To the fvyest extenr wmltLa by ￿w. do not accept or assume resptsbibility to anyonè tsth¥ th charitab￿COmPl￿Y and the ChariUb￿ c(xfipan￿g mÈmbers 35 a Qur ￿di[ w￿￿ for thi% rep(n the owrmons have formed. Helen Drew Senior Sthtutcy A￿rtOr For arKI ￿ behaNof Crowe U.K LLP StatutyyAudkor BTra(k Cowtry House Rounds GrtEn Ro2d Oldb￿l B69 2DG Datè.. 26 November 2021 Pagtl 17

ST RICHARD'S HOSPICE FOUNDATION CQ1￿￿￿DATED 5TATEEYEf4rn￿N¢lAL ACTIVITIE5JNGORPQRATSNG AN IN FOR THE R ENDE￿d￿R￿H 2QII E AND EXPENDITUIlL￿uNT Totsl Tot Umtestrlcted Restricteil Tot Funds Totrl Funds OMEEBQtt' Donatyon5 and Lepce% 2.849.476 252.B70 J.102.346 3.73&648 C￿ri￿bIe AttThitEs 2,491.696 4,2Q8,787 OtherTradiry kvvitse£ 3,189,315 3.189.J15 3.901,602 In¥estffl￿ts 104,210 104,210 Orhqr Sharèof netlncomè ofloinr Ventyre CorOnawfuS s￿51￿¢55 IDrwrUp￿OTh Lo3n InteresE 117,J02 40.600 17.302 40.600 107.769 8.791599 .969.961 10,762.560 EXPEN￿lTI￿￿E ON: RINng Fwd5 2,716.432 2,716,432 3,18&454 CharffablekU¥ide5 4.152,061 1,087.896 6.039.957 039.499 TQTAL&YEENDITUR 6,868.493 1.887.896 8.756,389 9,225,953 AIN51(LOSSESiQtrl￿v￿5T￿EN￿S .924.106 62,065 2.006.171 Netgknwlosse5 OTh inve$rm¢r)ts 14 434.93B 434.938 1157.1801 2.359,044 81065 1441.109 597.991 Transfer lunds 28 NET MOYEMENT IN FiJNDS 2,359.044 82.06$ 2,441.109 597.991 TOTAL FUND5 8ROUGllLQ￿ARD 28 16.144.613 25.318 16.169.931 15.571.940 TQTAL FUNDS CARFUED FOR 18,503,657 107.383 18.011.040 1&169.931 The notes brm parr of th&e ffirofftaal 5taEements Pagol 18

ST RICHARD'S HOSPICE FOUNDATION CQNSOLIDATED FINANCIAL STATEMENTS COMPANY NUmB￿lIs￿5￿1 OUP AND CHARITY BALANCE HE AT Grrrn wtof thexfinaTrC￿ staternwtS Pagel 19

ST RICHARD'S HOSPICE FOUNDATION CONSOUDATED STATEMENT QF CASH FL￿$ FOR THE YEAiEfgoEIJILST MARCH 2021 Note5 Cash nows from operating ￿t￿ltie Net tath by operatli8actyvit￿5 3,190.239 1.000,898 Cash Ilows from Investlng activitle Dwidendk intwesr and rEtrts Irom imEsimwts rtha5c ofproperty and equiwnert Proceeds from Sa￿ ofiThveStyThEnts Purcha5c Ofinv￿tfflÈftts int YenDJre Cxsrrtswons 105.032 (2,124,207) 139.739 (30S.734) 117.978 120.076 1,779A981 499.057 1574.3S91 109,) Net tath used in In¥ew￿ acTryitye5 {1,967.19Z) Change in cash and cash equivalents In the t¢￿)r￿n% period: .223.047 16Z30831 Cash and ¢xsh t4￿1¥￿¢n¢$ at the beynning of the rq￿rting pemod.. 1,560.4Q5 2.190.28B Cash xnd tsh equ1￿ler1tS at the end of the porting perlod.. 2,789.452 1.566.405 ThE ngte5 Iyrtn pprt ofthese finarKMI ststern*ts Pago 520

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CON50LIOATED STATEMENT OF CASH FLOW5 FOR THE YEAR ENDED 315T MARCH 2021 Reconcillation of net Income to net cash rttswfro ryeratjng adivitio$ Net Inc¢m• ftsr th• reporting period (as per the Statement of FinaDoaJ Acti¥l￿e5). 1,109 597.1 Adiu5tr71ents (or. Cwec41iOn ckrFs L055e5 on In¥￿￿5155er3 deTrd5. InEefèsE3nd rÉnts frcm Invesunwts Decrease In suxks Intrwe in debtors Increase In crdditors hrome from loint Vèiture 466.JQJ (434,938) (lQ4.210) 409,632 157.180 {447,579) 1,37L409 {117.302> 156&6711 61l413 1107.769) Met <ash prtyvrdetl by QPEratrn¥acthfltSe5: 3.190,239 I,OWl.898 Analysis of <a5h and cash equltnlents Cash at b3Thk and In hand 2,789,452 1.56&405 Th¢ nrx4sform part of thest finarKial Stat￿*￿t$ P2ge121

ST RICHARD'S HOSPICE FOUNDATION NOTE5 TO THE CONSOLIDATED FINANCIAL5TATEMEN FOR THE YEAR ENDED 31 MARCH ACCOUNTING POLICIES Qbarltable company informatlon St R￿hard'S FovndaDon b a pr￿[fr charitaw com￿nY limited by guaranteo incorpor3ted in En￿1￿ and Wales. The re81Sterwl office ofst RKhard'5 H<15pi(e Foundatim and St RKhwrf5 Ho4>ite FLwr&rh)n Trading Compwny Limited s Wild¥¥&)d Driw wOrc￿ter. WR5 IQT. Basis of Prépara￿0￿ The financial wremettshaye been prepared underthe hlscckal coStconv￿￿OnVrith the Ex3reO In aCc¢￿danCe rhe AnaDcd Roporting Strndard aFWKable Irs the UK aDd f<ew￿1C of Ireland IFRS I(¥ll. Ihe StstemenE ol Recomwnded P¥h[t￿t.. Accounung and Reporting by Charftles prewing in t¢trd3nCe wth Financi31 Reporung knndard a￿l(￿ble in the UK Republic of Irdand IFRS 1021 (Charities SORPFRS 1021. the CèNyanles Act 1006 and chad￿e5 Act ?01 l. The ¢harWkcompany meety th¢dfinifion ofa benefir entity undèr FRS 102. ThefiNTr&al 5trnents pres￿l￿ ID sterling 1<1 and are roundod to the L Golng Con￿rn ThÈ group has cash resources and nD réquirémént for external to ntsrmal owaDDg actiwtie> The Goyemors ￿lI￿Ve thaithere 4re no rnarthal u￿rtaint￿$ 3btxJLthegroups ibily LO Can￿￿& In tswritlngexisrerKefor the fore5eYable fuLure. contir4 ro conern basb olaccountiryippwri¥e in y¥p3rfng the anDual 5Litpmènt &nce theonser of restrrty￿3 folk>￿nIthe CO¥￿-19 ovtbwL the Anamal Via&lity Group has ctsnsbjered brecastson a monthly bA54 3Iwa¥5 s ahead ￿￿e￿r. These forLxasts have Not ¢alcd iThto questycth the group's abillty to retiiain a 8￿￿¥ concwn. Furthér w(& t(> rèfinè 2nd inErexsethe length ofthe forerJ5t will bÈ fadlirarl by the Wl>L¥SS the 2021121 fiDIn¢l￿ y¢•r belng brought forward. Group fimandal stxtementS ThEse financ￿￿1 sratemwt5 consolidarÈ thé result5 oFthechwty and it5 thollyowned oTha Iin2by lirb3sis.All transKtrons are elim￿1￿j on cvnwlidation. Investwts in j¢nt ¥ènDJres ¥e Included in thpwoup finthEial sttremenrs thE"equity rncthotr.. No ￿p3ratr Charty SOFA hR5 bE¢n for rhe chirlry alone 35 Per￿￿£￿ by $￿tion 408 (rfthè CrJmp3nies Ac12￿6. The Charity ha5 takeDadvantage of rhe Èxemwob)s In FRS 102 from thÈ WUiremeniTO preswt a charlyonly Cash F￿W5[alem￿t 3nd cert3in d15ck)surt5 ib(wr fin3ntiil instruments within ￿<0￿$011dx[￿￿ financrdl statements Income Inc¢)rre Is recagnised the charity ha5 enot1emert to the tunds, any cwdrtbns ittxw ro thE Intomo h¥È bÉn MÈG IE Is prO￿bIethI[ income ￿11 be receNed and the amowt be mEa5urd reliab￿. from voluntsry Sour￿ 15 rKcivcd by of donatKns and iifrs and is inclthged in fuH ID the StJtemEnt of Finaniial A(tNitiE5 recd¥at4e. IrKOrnQ frorn g)fr aid LAX rscL3lms Is reco8Dwd forall donations made prKr to the ye?r end, whÈre gifr aid declaraucns are held. Rffolnityon ol intome Is dewderf on the ry￿01 legxy. with wuniary ￿g￿tls recognlsed when notificarw 15 [￿vEd, arbd r￿dU￿r¥ le83(￿5 recwi%ed arnounts are distri￿tt￿l or whw a ststwentol assers and liabilitJQ5 of the e5tstè is rèceNed. Re¥erslorwy le83cles Ire nol recognfyed duri￿ the litEtime ol the orwnal beTheficiary undEr tw Wil. The charity op¥¥te$ a cut-off pericd befflg a prAcc31 mech?ni5tn to allow prepar3ti¢Jn of fhè account5. Shoukj i notificition be r￿￿ert bel(we the year end but noi be quanrifiable two months afrr the >ir ¢nd then thp incom< when measurable and recéipt is probable. wll be reco8nised ￿ the lO￿l0￿n8 period. Where legacie5 havE been notified to thÈ ¢h¥lry, bur thecri[oria for Inrom@ r¥Lognldon have bepn ffle4 thè kgary is treated as a ¢C￿tIngent 355e13nd diStI(Jsed if material In r￿[e 22. Incorrt rec￿￿ in thance (>fan ￿ent or provioD oforh¢r specifk W¥1￿ deferred until the crSrerh for Incorne rK08n￿on are ffler. Gr3DCS from government ￿leS and othEr swrces are re￿1ved for 5peCifit prrlettslcosis and ire ￿¢￿ISed In xcordartth the indiwduil trrrns and condi[ions Incotné IS recogTh15ed the charity has entidement ￿ the fund5 which is vthen any p￿rM￿Ce coffldityoTrs I￿{hed aro tne4 It ig wobJbl• £hat the Income ￿11 rqCvÈd and the amounc bE rel￿bty mÈasure& Granr inwme will bE deferred rf recgvwj In #dv3nce ol meeung performant• t(￿dItIO￿5 or il the 5ppci1￿lIY 3tates thar the Incorne must be 5Ftht in a fLJture actaunting ptyi¢d. Ex￿￿￿￿t￿re The cosr of raising fynd5 indudÈs C¢xrs ol genwarhi8 income 3nd costs of fundrJiyn¥ shr4)s ar￿ in¥esment manager's fee charl￿￿e acrNidesco5ts inrludeexrk￿dlI￿re ddNerin8 pallthecareand edLKaivn. GoVernanteCo￿ IncIL￿e c05t50f DieetyD8 the chArirfs ststur¢wry and ¢onstrtuCio￿l o"¢ttNe SupF¥rt cost5 aro alk)Ca￿ to all cosr cenwes on a ￿515 In prcporuon tothe estimatsd u53ge of faciliile% Ewdi¢vre is aCt￿ThEed lor on accrval bas1& Page | 22

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Iconunuedl ACCOUNTING POLICIES lo)Thtynued) Gifts in kind Gifrs rÈterrtd In kind for re5alE are wi5ed when the ¥ft15 sold u51rgthe sales walu L)onated swYice5 or knliues ire Included in the Sutrment tsf Fin￿[1#1 ActlY￿@S whBre the to thè cFAriLY 15 rp&wnabty quinr5fiabl•gTr rneasUrab￿. The contriburion ol not incI￿&d in the 5tstynwt ofhnancial AcrNnles. but li d15rb5ed In the GoverDtrS' Rw>rt accwthnce the SORP. DDnaTrd assers for bythe thariry are recogni5ed at their rTrarke¢ w41￿e a5 income and wlrhln the rdeont fixed asset catepry on th baLIDce sheet %Yhen r￿eNabl& Duringthe yeArto 31 Marth 2021, signifKJntquantitye5 of P￿$￿al IPFE) weredonited to th¢ Ho5FiC¢ by the NHS and other source& not P05sINe rog￿rtfy rhe due ol these under diffitulLtanditK)ns created by the 19 pandemi Llabilityos UthS4Jes Ire rwIS￿ in the attt￿Thts as ye5ent oblwion arises frorna wst event that probAbty ro5uk In a tyansfer oflunds a third party and the arnoL￿r due Eo settk tan ￿ M￿sur&d Orésrhat¢d rd4ibly. Fund a¢CQLmdnE General fund5 are at the diStrEtitin olthe Gcwun¢￿5 in furthErdnce ol the tharity5 objecknves andythich ha￿ not b•An do$￿al￿d for oihw wTroses. It is the wlkyof hOsp￿e ro hok to the fi￿￿e ro define4￿ quamtrfy much ￿SerVeS sh(wld be hdd. unshlenn Potentt￿ %￿at1￿ orl￿dgUrta furLY I￿0￿• knd xw￿itUrè The c03tolknwrfn capital projects in the Th￿r 5 ￿rS ctural btht dek Rethndancy CO￿$ Des4gnaLèd funds unre5rrKrwl fvnd5 that haye Set aside by the Govwners for par￿￿1¥ pyrp05ex and of eKh grAt￿ fvnd is Set ovr in the nores w the financd R¢srrk¢ed funds C￿¢ i￿ome vthith has been rffery& for 5peafic purpNes k5s the expE￿I￿re a8Jin5r these. The airn ind use vl mat¥HI reSt￿cr& fund is set OVL in The notrs w thefinintial itstennts. Leaslng commitm•rbts Rentsls U￿¢r owatirq kn•sar• ch¥yd to thé Suthmnt oflirrjnthil knitlps ¢)ver twm ofthe kasè. Pensio The pension costs repre5en¢ •rwuThty Pl￿blO bytht Zrwp durtthtryw l$ee nc¢• 231. Stockx Swcks arevalued lowér DIC05¢￿d ￿ rea15aWe Vdlv aftw due alk)wance for obsdeto and mown8em TanOblE Itxed asRts Tangible￿ed Assets are ITr￿11￿ ￿K￿ded at cosi Depr¢ciion i% provKJed Jt the followiry annual rate5 in order to ¥•y1￿ Otl exh asset fftr ¢5Drnated MefiJl life or. il hdd ￿ndEr a fininc• f>vtrrhe lease trm. is thp 5hr)rtw. Fr￿hO￿l￿OPerty Oncludnz wopertyl FreLthDkl propRrry- s¢l*r wtls Leasehokj land Asser5 umjer £Mstructhn Shop rehrbi5hment Medul 4uipmwt Furnlturnand firrfngs Motor ¥ehicks Q)ffice eqUIp￿Ent 2% on cost of bu4din%s 5% OD C05r of lease 1125 ￿ars) 20%. 33% on IDX 20%. 50% on cosi 10%- 50% on cost 20%. 33% ofi 10 20%. 50% tsrt togt Iterfts of medical wuipmenL officeequipmentand lumiture fitt￿ry5. hving in initFal coxolk55than £l.LYJQ areyffltten off to revenue in thè year of acquuitvJn. Freehow land ￿ ￿tdePreCi1red. Page123

ST RICHARD'S HOSPICE FOUNDATION THE cONSOUDATED￿N￿ll￿I￿LsTA R THE YEAR ENDE H 2021 Icontinved) EN CCQUNTING POLICIES Iconthuwf) Investmits Lis￿￿ fixed a55et inwestsnents are Ir￿￿ded at fair Iqutsted mirket pnce in #n ¥tivÉ markecl- G￿Tr5 or1055e5 ￿ In￿SU￿ents ￿ ￿(￿Jded in the $￿tem￿t of Financial ActiYitse5 and Income and EKpwdi¢ure A¢¢ounc ThèC￿rityo￿￿$lnVe5fm￿[Pr{￿tles t￿l￿retrEated asowm use. depreciated.tsngibk fkeda5sei In the2roup￿d chTiyfinwKW st4r•henrs In accordI￿e with FL% 102 as Ir lec by the pirent to ir5 vtholtrl oNvned sub5idAry. The inve5rment in the subséiary and piThl Yenture are int1￿@d at cosr. Financi￿ ￿#trUMentI Financial imsrrumwts are (￿Ss￿led and accounted for. ace¢rélng to the Svbsrance of the contraEtual arriryemen4 as esther financial assot% nancial liaLljyEs or equity inStrumenr5. An Lyuity in5trurnent isèny contraci that evkgentss • r•$idyal inrerest in theassets olthecompAny after d￿ut￿nE am of lis liablllties. in5trumEntS Indude cash at bank, trade debt¢￿ legacw rece￿14 a¢¢rued Inwme trom finan¢lal srrumenrs lcompris1￿8dlVAends and interestduefroffl ￿Vest￿￿￿t5I. tra& crediror5 and accrued expenditurQ. FInattr￿ Irtstrumwrsare InirLdlty r￿08n1$￿ at tr3nsattitin Value and subseqveitly mea5ur ac ththr se[tIe￿tr￿IUe. $18nifiG￿t estimt•J ludgements Prep4Tr￿ of the finana31 sca￿ents rwuire5 tn¥n•gement re Make S¢Thfft￿t lUdg¢T￿n[S ind estimate& Tho itsms in the ffiThancval st3t#llÈilts %Yhere these iudgernents and Èstimares haye be￿ made includ UsÈful dconomtc Ilve5 01 tangible a55Pty The dopre£iatiOn and amort15ation char8e5 for thp tsnwble assers are sensitive to ch3n¥eS in the esDmared Usef￿ econ0n￿ INes and residual ￿￿e5 of thE 155etL The ￿5￿1 ￿OnOMit liv and re￿d￿34 TrAhJes are Atnended nettssary ro reflect currwl e5thmAtes ind ihc physkol condlllon of u5etS. I￿1rmEnt of debEors The group makes an estymate of rradè dbtors arA other deLor& YrfhÈn assessing the Impainrent of dEbtWS 4nd othaT dbtor& rnanagTllL considers facttrs Indudlng the cur￿¢(r￿ll￿o￿ry (rfthe debror. the ageirq ofdebtors and h1SEorKal o¥wKnce. Atcrued legècy Ifscome F¢r ￿￿-perv￿1Ary an esDMare s made oftramoynt due lo charity bès& on thÈ share tsl the estare as Stared in the wll, the ¥aluc of thp e5UtÈ Ilmm Wob1￿ or a slater￿nt of a5%ets liabillr￿> and external floor5 ￿tIu￿￿t the Yolatylity of the wopwty rr4rkx hd the Stock markeL An ilkThance is rnade Y ÈXFtta costs. Tax•¢lrJn The C￿rity is exempt from c￿Poratyorl Tax on its ¢h*rlr4bl¢ ac￿￿￿e& Thc chirrty pnd irs subldlary company Are W5tered for Value Added TAL kretfftrable VAT is ￿￿cated to the area5 wl it Is Incuryed. Pa8o124

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CON50LIDATEO FINANCIAL STATEMENTS FOR THE YEAR ENDÉD J I MARCH 1021 IContinuw4 DONATIONS AMD LeGACIES Totxl Funds T(Kal Funds Unrtstricted Restrirte F￿￿￿¥ DDnatyon5 Donation5 325.163 J75.613 1,566,44S 12,365 170.713 109,424 152.769 2,8JO 317,993 375,613 1,$66.445 12,36S 170.713 109,424 501,809 36.984 299.921 4Q2.067 1.136.009 34.765 138,720 Regular gm Corywate includlniparollzfvlng Grants and Cawul Apw31 lob r&enrk)n scheme ￿¢￿￿e (charity) 250.040 1543.791 2.049.476 252.870 3.101.346 3,73&648 CHARITABLE ACTIVITIE5 Totsjl Funds T¢X Funds 2010 Unre5trKted Restrlcthl Funds Fvnd5 NHS Grint NHS Ctiwd 19 addltrtina]￿t Go¥ttnMent Covld Suwrtyar Fthation 2,180,902 210.411 1,180.902 210,412 2,037,283 1,717,Wl I OOJ82 100,382 80.891 2,491 h90 1.717.091 4,208.787 Th? NHSE Iw4rded fundlng to allow the hosplce to makÈ a¥￿Ilb￿ W Capacitya￿ cornmunity SUPPQrtfrorn April 2020 tolu￿ 2020 ro provKIE Supwrt tt> pe(We wth comP￿X needs ￿ the CuntÈKt ofthe Co￿0.1$ $ltuation and to prowde bed <ap¥otyan¢ Community 5upwri from November 2020to March 2011 for the pJrw)so. OTHER TRADING ACTIVITIES Total Fundy Total Fwd5 Unre$trlcted Restyicted Funds SRH ampwxns A￿lSted e+en￿ fundraisi Raffles S70.12J 34,034 165.S94 30,146 2.2511 850.761 220,725 554.062 400.000 361.010 570.113 34.034 16S.$94 30,146 2.250 850.701 220.725 554,662 400,000 361,020 761.410 45.189 26.351 4.896 2.C42.306 864.2B5 Cjwin Tr￿￿￿ coM￿nY intrjm Gift3hled sa￿$ GoverDmen¢ covbg.lg Rerall Sup￿gran[S Bu5ine55 lrterruptyon Insuran￿reCdPrs lob RerentiDn khwnp 3.189,315 3.189,315 3,901.602 UK INVESTMENT INCOME Total FwDd$ Total Fwd$ Unrestrkted A05triCted Fund5 Interett Dwends Rent recwved 30.526 66.414 31J,SZ6 60,418 7,166 39,656 69.￿¥ &190 104.210 Page125

ST RICHARD'S HOSPICE FOUNDATION NQTES TO TPIE fQN5OLIOATED FINANCIAL STATEMENTS FQR THE YEAR ENDED 31 MARCH 1021 Icvnrinuedl OTHER INCOME Nominal inreresr of £40.600 ￿￿8 the amount Pa￿ by the fj¢)YernmEnt Nl the form of a Bu5ine55 InterT￿l%￿n PwnenL On the £2.ON.000 Coronayirus 8usiDe$5 In[errupti￿ L¢>3n Likery out wih Barclay5 b3nk has been recorded as bDth Ot￿r I￿a￿e 3nd Dth¥ Expendirkre. The loan bear5 ￿re5c￿ th¢ rare of 2.84%atrwe B￿e P4t COST OF RAISING FUNDS To Fynds Totsl Fun¢J$ Unre5tritted Aestricted FyThds Shops and comm•rthl a¢d¥ks SuppDrt tosts re above (Not 91 1,743.994 100.5 652.717 189,744 29,391 1.743.994 1th).586 652,717 189,744 29,391 2,179.285 97.857 679.314 2W.903 29.095 Syport fOSts rE 3btsve (Note91 Costs trf minagSng ￿Yest￿n￿ 2.710,432 2.716,432 3.ie6.454 CHARITA#LE ACTIVITIES EXPENDITURE Tot Funds 2011 To Funds Unr¢s¢rkt¢d Restrlcted FuTrd5 PaOert3nd Sérvkècosts Swportcort5 re INotè91 EdUt1u￿ and SE￿ Centre 5￿F￿rt Costs re abovÈ IN￿e 91 2.447.069 1,887096 1,402.372 155.080 116.740 4.365.705 1.401372 155.080 114740 4,366,814 1.373.367 188,580 4.151,061 1.887.896 6.039,957 6.039.499 SUPPORT COSTS ALLOCATÈD TO ACTIVITIES Rai4ng Chaeltable Actlvltle5 SI￿pS and Rw55n8 Education omrnerci￿ Funds and Study FUndrw%1￿ Centre Ctharitable AttiYitlÈs Patleni Famlty se￿Ces Total Funds Funds 202 Fro￿rtY related cosrs Telephone ar￿ fax P05tsge. prin¢iffj and $r4tbnery IrfjuraDce tkpreci3ti0n Miscd13neous Jman resources Computer exwsas s￿¥1￿5 sts atÉring supplies Tr3nsport and min1l￿5 Go¥crnRnce costs Communicadons and Markth C8ILS loan iTrtwe5¢ 7.536 170 1,593 9.043 413 3.9B4 1,059 6.943 15,072 143 3.984 2,OS9 34,714 198 1.263 25.792 31,066 1.789 119,070 1,6115 0.374 37.OS4 305.486 27,599 93.439 180.536 S03.291 33.998 918 208.993 2.431 5.935 27.814 21281 251,064 111511 142.1611 175,722 700,753 78,344 1.469 15,276 129,576 J47.143 32,748 126,209 157,910 639,296 35,787 918 5.416 103,086 40.600 3.743 23.1 25,791 27,097 7,576 25.791 77.B42 2,9Jl 154 51.543 2,436 51,$43 30,044 7.714 406 Total 100.586 IB9,744 14740 1,401.372 1.809.442 1.782,865 SU￿0ft C05t5 allotat*l to al cost centre5 atYdrKWS Wrctn￿8eS b3sed cn thÈ us38e of f3alitRs. Pa8È126

ST RICHARD'S HOSPICE FOUNDATION TES TQTHE CONSOLIDATED F Foft THEXEéR END 31 MARCH I TATEMENT STAFF COSTS W38es and XaLrie5 SOCI￿ Securiry costt Pension C05ts 5.59?,606 471.539 434.790 s￿18.230 467,530 417.785 0.5D5,935 6,563545 Th• wages and sa￿rIeS Cosr ab)¥e Includes saknried e￿￿oyees. cosrs OF (5.528.665 12020 . É5.512,5721 wfrh the £70.940 12020. £165.65BI beiry paid invoice. to PXBnCY. Staff reCe￿e a benefit by be￿83 mÈner ola yNate In5ur¢r and tho costofrhi%lorthE yeirenw 31 March 2011 w35 £22.336 P02Q. QZ6601. Thor•wÈrè £3M19ofreththlancyosr5 In the year (2020. £1.99)). The average rnonthty numberof51￿rfed employ49S durirl the >w bythegroup w45 asfolk Pathnr4nd SvYKes sts 136 Fun&ai51ng sthff sy 35 rpporr stsff 36 243 259 The nutthr ofern￿0Yee5 th05e eM￿uments as defin& fcr purys toovy £60.(0) kn ￿￿rWa5 as k4b)v 60.CQO. £70.(ts) 70.WO. 180.(kn) The total amount of empbyee bwefils (Inc1w%￿e ol InS￿rance and pwsbDn contribudonsl by key mAnagem￿t pwsonnel was (419,067 rioio. 1414.1931- ND rernuneratyoD has and no ew$es have bn rM￿r5e￿at¢nJed regardkng any Gavgrnors other than.. Thwe wère e¢w5es forraveJ arnd W￿$tr￿0 repwd to GovwrKref C64 (2020.. £3111. R G la5 ￿th￿r￿ G Shaw Ltd). a Prac￿￿1 charter& acc￿￿TAn4 a5fdkM St Rkhard's HosP￿eTradI￿ Compwy LiryM¢ed-'R G Shiw 670 750 68012020. £6BOI b included accrnals In rèwr ol lrtth￿ts owed to RKhard G Shaw Ltd atthe >aT end. The Gtsmcfs are Mtisf•Bd t￿¢ ￿￿￿￿l0fthe￿e fees compl￿5 wth th• r4wifeménts ofthe Ctharfdes AcL2011. Page127

ST RICHARD'S HOSPICE FOUNDATION NOTE5 TO LHE CONSOUDATED FINANCIAL STATEMENT fQR THE YEAR ENDE AR H 2021 (CODI￿￿ed) NET INCOME The net in£(xne 15 afr¥ charglTr¥.' DEPr￿13tic￿l 466.303 409.632 OpaTrun8 Ip33e£hays". buildi￿S orhts- 459.6ts1 804 434.977 4.B84 Auditor's reJ)wnvation'. Charry audit Sub￿dIary aud Iisoo 3,OQQ Pensiofi Costs 434.790 417.785 Governors ern0￿meN$ and other baEfits etc 849 TAXATION Tho compay 15 a Wstered charity And ￿ not to Cfnofdrion rax. No liability to UK corptsraTion tax arose on ordinary KrrvitiE5 of t $ubldknry ccrfnpany for the ￿ar 31 Mirch 2021 rbN lof theypar endÈd 31 March 2020 as all Pr￿LS areyft4idEd to the parknt chrity. Page | 28

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR TH AR ENDED jl MARCH 2 11 {C￿(lnue￿I TANGIBLE FIXEOASS£TS- GROUP AND CHARITY Refurbishment Long ofshort Le43ehold Le￿h￿d Shop5 Medlcal d Warehousè Freehold Land and Commerdal COST.. Ai l Aprll 2020 AdditKins Dis￿5￿15 524,202 956.843 78.513 5,985 10.650 124.2J7) At31 M¥ch2011 524.2112 11.06l536 100,000 956.843 84.4?A DEPRECIATION.. At l April 2020 Cha￿e k>r year . D￿posaLI 36.778 10,484 1.680.20S 223.&35 12,26Y 725,540 107,844 50,J79 11,958 At31 Mrth2021 47.262 1.903.840 13,067 833.384 62,J37 NET BOOKVALUfr. At31 Nuth2021 476.940 9.158.696 86,933 113.459 At 31 Mirth 2020 487,414 9.395.918 87.nj 231,303 24134 an Motor Vehi£ts orficr Buibj 2021 COST: l Ayil 20?0 drbns 347.602 2.1O6.S36 J81.OB4 39.643 316,522 25,272 13,820,532 2.144443 124,117) DkpD5I5 31 Mv<h2021 2.4$4.138 JBI.084 3943 341.794 15,944,738 DEPRECIATION: At l Aprfl 2021 arye foriwr sposals 113.862 37,070 30,684 6,137 154,556 6B,374 2N4.271 466.302 At 31 March 2021 150,932 30,821 212.•30 3.270.571 NET 800KVALUE Ar 31 March 2021 l454.138 l3fl.152 2,822 18,964 12,674.165 At 31 Mwr¢h 2020 347.602 267.222 1959 161.9é6 ThÈvalueofintantiW usetswu Imm3teriaL as sKh bEal 5pllr from the figurewthln Office Equipn%ntTh¢ w bO(4(￿ue0f these ￿￿$ wa$ 12S.192. Page129

ST RICHARD'S HOSPICE FOUNDATION TE THE CQNLOLIDATED FINANCIA FOR THE YEA I MARCH 21 Icownuedl FIXELI A$5ETS INVESTMENTS Group Ch￿ty 2021 2020 2021 2020 Valuatlon At l April 2020 diwn5 at£05t Oisposal prcce&5 Ner gainlV05$1 on I￿Ve51m￿lES J,161.002 305.734 (239,739} 434,9J8 3.242,840 574,399 1499.0571 3.242.940 574.399 1499,05n 1157.1801 305.734 (239.7391 434,938 At31 Marth2021 3.661.935 3.161.W2 3,662,035 Flx¢¢ agx¢ knvesement5 by typ¢: Cash w iTrtWe5¢depot ritith GweThment Stocks Fixed I￿￿TeSt Hedge Fthds O¥Er58a5 E9￿￿&s UK Equides Infrastyuaure Abwlute A55erlowty fijnds Unmsted share5 In pintventurd5ubs￿thry at C05t15eÈ notes 16 and 171 414.276 116.829 756.853 197.979 414,276 1 la.829 756.853 197.979 813.875 Bl 3.875 1.191.9 S70.726 476.087 913.069 537.366 483.6BS 1,198,980 S70.724 476.087 913.069 537,366 483,685 128.084 9&965 128,084 96.965 100 21 3,661,935 3.161.L¥)2 3,662,035 11 31 March s ryrp5elltèd by. Cost Re￿￿￿0¢￿ at 31 March 1912,793 749.142 2J66.148 294.854 2.912,89J 749,142 le￿.148 294.854 3,661,935 3,161.()2 3,662,035 The chrity rna￿￿ ils Investmems rfsk by retalnini thc 3wvKe5 ofexperr aoknsers ¢p¥￿l a cornprehenswe Inkwtmert wlicy as d311& in reP￿t ol the 8Ovemors. INvesTMENT PROPERTY Group Charity 2021 2020 1021 ioio ¥￿￿atr¢In Ar l April 2020 Addrtws atCQSL DLsposxl t￿oceEdS Change ol xcountty treitynwt Re¥alua¢ 582.681 1582.681 Ar31 Mth2011 2019wasthe ￿5¢year￿h￿TractOu￿1￿g for hiYestyneTrt pmpertie5. ovmed by St Pachard's Hosp￿￿ Ftsundat)n and ￿$¢d fortradiry byStRichard's HO5￿e Trading C¢xnpany Limiied COU￿ be treated 15 3n inve5tmenE in the chrrf5 account and a fixed 3s5et ID the gmup aCcO￿r5. Thè 3tCowting trearmeni ol thi5 c1155 of as5eL is ni)w to deprecia￿ k as a fLYed a55w in ￿th Voup and charity xccunt5. Paze l 30

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STAreMENTS R THE YEAR ENDED JI MARCH 2011 Iconrinuedl 5VBSIDIARY COMPANIES The charity h3S th￿1￿k)wIng5￿bs￿i￿ ctrmpanies.. Subsidiary undertal¢lhgJ who r¢sults have been c￿5011￿ated in these accounts are: St Richard's H05wce Trading Comparby timlted (Company Nts.: 0410S373) Narur• ol Shop and cormiercial wailin& aa5 olshire5.' OrdinAry ho￿1￿% 2020 355ets Allregitp 1kb11￿e5 Aggwgate c3piLII 2nd r¢s¢tW•S 4BO.534 (480,434> 100 34&719 1346.6191 The Compaw had incomè of 12.134.87712020 - £1089,057) eXYDd￿re of £1.627.870 . £1.5715951 leavknE a of 1507,007 (2020- £517.4621 whlch dstrfMted as a aid p3ymeni ro thi5 chwjty. INVESTMENT IN IOINTVENTUAES Wort•#tèrthlr• H05plce5 Lottery Llmit•d {Company no. Q368gM8> Nawre of buSinE55.. Fundtwng Cl#55 ofshares hokjint 33.33 Thech3rWs Interdtt In thè 12 mortths te31 March 2021 ofWorco5tW5hYe Hospt¢s Lo¢¢¢ry Umited are 35 folhws.. 292Q Turnov Other irKome Extwdiwre excbjdiry audtt fee Auditkn 169,8Z2 342 <514651 (1,200) IB4.559 175,599) ProfiEk>r they Prtor year 14usDmenE Gifr d15tr1wtw)n to charfty 116.499 803 {117A02) 107.769 1107.7691 Reraind fortheyE¥r Fnced 3s5ets Curwta55ets Cllrront I￿￿11t1•s 40,041 46,106 146.0061 TO￿ assets ￿Ss(Urrent liabil￿45 loo S￿￿0P1[al 100 At 31 March 2021 ￿ ft￿hds HoSp￿e ￿ThdatiOn £7.745{202￿ (8.4211 CI.165 QD?Q- Q1081 to tr2ding baknce5 by Worc￿l￿$h1re Hospices LotEery Limited. The Cafws v4IuE of Lhis compay in the Group Balanc *hÈAi ￿ ÉI¢0 and forms part ol the iwe5tment5 hlanc Pagèl 31

ST RICHARD'S HOSPICE FOUNDATION STOCK Group Chuity 60,472 74,919 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group Charity Vnrstricted'. Tride debcors OLher debt VAT 19,934 442.288 162.326 1,640,697 7.745 53,734 7&5(XJ 1&279 242,181 145.311 I￿30.405 7,745 313,526 27BOS 76,%X> PopayTnents hnd accrued irKome Amowt5 duefrom j(xTht venture knoWrtsd￿{rtsm Subsldlary Unde￿￿￿85 1.55q875 421 1.448.577 8,411 15CI.OZI 2,27L99 IA26.909 2,164,133 1.829.907 Rosttyrted.. Prepiyment5 and xcrywj 2,395 2.395 2,J95 1395 1275.385 IA29.304 2,266.628 1.832,302 20. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR Charity 20 Unre5tric¢ed: Tradè <r*dittir$ Other creditors Social Security and Other tax Accruals and delerred inc¢Jme Coronavirus business Interrup￿ 368.490 148,681 112.224 839.281 19.4S3 144.S2 112,S04 316.433 233.334 289.315 148.681 544,510 12,504 415.483 233,334 711J61 1.073.154 1.468b76 14 1,272.081 Restricted: Other £123,799) fOrthegrO￿Pand thecharity3ndthig igartatys￿ ￿k1￿. GROUP AND CHARITY Edv¢ation and tr￿ning income inc. Total For Grtyjp events ptsst year end Grants NP15 Donltioibs .t)eirr¢d intome ￿ught tDryaFd RdÈased In year Deferred during year 4,172 (4,1711 59,527 60,000 113.799 {60,0001 12.18S.1)0) 12,401,920) 20.000 2.238.432 2,365,914 107,482 DEferred inrorne tarritrj knard 20,000 53,)01 87.79J Th• arnUn￿ ￿￿e only been deferrd when the gmup nat have untondiiioy￿l wtidemenr ro the Income or when the ￿¢0m0 rolaro5 to delw of a service ifMS is therelore only reco¥nI5￿￿ to the extènr th3r the char￿1 ha5 pr¢wided the 5eryiCe. 14QIE&￿ CQNSQUDATEDFitrIANCIAL STATEMENTS 0131

ST RICHARD'S HOSPICE FOUNDATION FOR THE YEAR ENOED 31 MARCH 2021 {Co￿nued) CREDITOR%. AMOUNTS FALLING AFTER ONE YEAR Group Charity 2020 Cor￿￿￿7r￿S busines5 interW1a￿ ban 1,760.606 1.706,666 1,766,666 1.766.666 22. CONTINGENT ASS￿$ As at 31 M3rth ZOII the thanty had been notthed al 10 legacw, the values ol vthith are unknown. or tsnnoL be rdiabty mra5W￿j. As ac tt aFwoval date ofthÈthnanaLI Stat￿nts no fijrrher Informati￿ had bew rK•Yed and thwèforè thlg income fvas not bci ac[n￿d. 23. PENSION COMMITMENTS cornpany Ccnrrib￿ to i (￿n￿j Portslon scknÈ owltpd ￿ the NHS. Ner NHS pwgon Cosrs 01 É271.79312020- £26&2361 wèrè charg& In the Stsremeni of Acthities during the year. Th¢ ¢ompany alw CoThtribU￿ £147.498 12020 - £12&5271 to so pty&%' otcupaDonal p￿$￿)￿ s(FRme$ 4rwJ £15,498 Q020. £U.0221 to employees'prwdte wsi(Jn s(theme& IDdudd kn other Credltors at 31 March 2021 É3&681 Q02ri- u7.9021 In 10t￿ NHS scheme and 14,999 P020- £20.9161 in reknion ¢0 thè w(Jrk place peTr510n sthèm&Thpc05tand Iiabilrty is1w￿r& beLbfftn Xtr￿[￿$￿ reference ff>th&arèa th￿£m￿OYee 15 y￿r￿n8 in. Tho Cost and lthillty Is all(￿￿ted nsc lund5 urless arestrfftd I￿￿1 alk>w& the expwditsre. The NHS 5theme Is a defind bEnefit Kherne %4thich Is UTh￿￿£d. This is 3 mults-empbyer Pen￿0Th Kherno based ￿ final Wsionable pay. contrbi beii8charged rothe profit and k>55 SO 35 ro ypjd thèttsst alpensK)n50veremployees' worklngliYe5 Wth the tompany. The£0￿P￿TrY actounts lor the as a defined Contriiwuon scheme nor required ro acco￿ tsr 2ny5haro ol the a&set5 or liabl1 wes of the In accordancd ￿ FRS 102. Tths ￿ de￿￿￿ apprèpria¢e 3$ the ￿mpanY ha5 no (xwoing once the cOTrtr￿Uu0rt5 to th sthomèarÈ mid 24. REL4TED PARTY TRANSACTIONS Charlry ovmed 33.33% of Worce5rershlre Hospicts Lwcwy Linytèd owntrshp A￿d c¥mrol is split equalty between St Richar&5 Hospc< orns C￿d￿'S Fkspke Tradin¥ ￿rn￿ed and Prkn)rose Hosplct ￿rn￿d. D Coms (Senior knagerl èndl Patel IChlefExKutiYll #re l5Q dectors of Worce5ter5hire Hospkes Lottery Linited. St Rbthard's Hosplce recep￿1 £l17.30212020. £107.769) gllr aid tr(Yr Worcestershiro Pnspkes LottÈry and charyed LO P￿20. 12.6141 fur re￿[ whK 15 consldered by Govwnors to bè a rnArket At 31 March 2￿11 worces￿￿1tr Fkn5pKe5 Lfftry Lknked tx¥ed St ￿[h￿rd'S HosFrf￿ £7.745 Q020. £&4211. Rshaw w&utes dr staww icmunts for5t R￿h￿&sH￿sp￿e Tr3dlry Cornpany ￿MIt￿ an1[￿valof￿4o K% S￿%¥￿ ITr w9for complerh) 01thts Sery￿e. Sc R￿hard'S Ho4>ic8 FoUndat￿n wa5£h¥￿d £11&3051101￿£6sa2O0l by S[￿chOrd's Ho¢e Trading Compary L1Th￿ted for adrnhlsterhig th Sak ofgoods gwtéd tothÈ h0spKe￿d for whlth ailfr ¢l¥n Yrts mado St Richard's Trnd1￿ CLpany Limwl owed £313516 to St R￿ard'S HospKe Foundarion as at 31- Marth 2021 IC150.022- Z02QI. CAPITAL COMMITMENT There YAS a wital cyrrynitrnent of £91714at 31 Muth 202112020 £1￿0.4581. Thk com[[￿tThe￿[ rdata to the Build 2020 proiKt aod ￿ to befiJndeO ty the￿nre5￿￿t¢d re5erYes o¥e th• 5rar4d résttves as T￿ted on page I l. P4e133

ST RICHARD'S HOSPICE FOUNDATION NQIELTLTHE CON LIDATED FINANCIAL TATEMENTS R THE YEAR ENDED 31 MARCEI 2Q21 Icontswèdl 26. OPERATING LEASE COMMITMENTS Thet￿1 future MiDirt￿M ￿a5 payments wdor nr]￿tanc￿￿￿ble operatyn8 Ipa5e5 ara beh￿r. Land and GROUP Within one year BeLWTr two and five years er fve yv¥s 3JO,058 498,981 181M33 3,791 4,779 3,641 7.767 691867 245,O)0 1,010.872 B.571 CHAIUTY Within yèar 8etr4*n rwo and five five year5 1988 4.779 7.767 7.767 IQ755 ThÈ group has off bthnLp sh￿t arrang•mwts In the form of operatir¢ lea5e5. thith rnean5 nerther the liabilty uThd¢r rhe kne rho rePdted 255ots appears on the Balance SheEt. Thè Veup uses operati￿ lea5e5 50 * has the benef¢ ?{ thnE o¥er a defined penod and dsks are retwn¢d by lessor. Page | 34

ST RICHARD'S HOSPICE FOUNDATION ITES TO THE CON50LIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAR(tL2Q21 Icohtinued) 27. PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES Total Tot Utbrestfirted Re5trjcted Fulld5 INCOME FROPi. 2.660.164 1,076,384 J.73&648 2,114174 Other Trading 3,901.602 3,901.W2 149Jl at of w IKomt c4Jtsint Vlnwre 107,769 107,769 TAL INC ME 904.740 1.076.384 9.981.114 EXPENDITURE QFL. Iw Funds 3,156,229 30,215 3,186,454 Charitsble AcDyltres 5,930.885 IOB,614 6,039.4Y9 TOTAL EXPENDITURE 9.087.114 9,22S.9$3 NET IÈXPENDITVRE INCOME ANO NET MOVEMENT IN FUNDS èEFORE (LOSSES GAINS ON INVESTMÈNTS (181374) 937.545 755.171 Net IbssÈsllg￿r￿% an In¥èsurJèThts (1S7.lUO) NETJEXPENDITURE INCOME (JJ9,554) "937.S45 597,991 TMsfÈrs bÉtWè￿ fvnd%far item$ 990.56J {990.S63) VEMENT IN F 651.1109 153.018) 597.991 RECONCIUATION OF FUNDS: TAL FUNDS BROUGHT FORWARD 15,493,604 78.336 15.571,940 TOTAL F ARRIED FORWAII 16.144,613 15,318 16,169,931 F135

ST RICHARD'S HOSPICE FOUNDATION NOTES TO THE CONSOLIDATED FINAN TATEMENTS FOR THE YEAR ENDED J I M 21 (Continuedl 28. RESTRicfEDI UNRESTRicfEO FUNDS The Generil Fund r¢preseTrts the tr fvnds olthè Howce whkh are not d￿￿$Thatd lor wdculir ￿rPOS￿ The ir1vest￿t tsifvalue reserye rewe￿￿t5th¢ excess of fair ¥￿u¢ over th¢ hlm)rk cosr of the Inve5trnènts. The desfdTrated fixEd a55eL fvnd beeTr set up to as>st In ￿ett￿fyIrrI those fvnds 3re not tr fvndL It reprtsènts thé nec b)ok ¥alue of tan¥iblE fixed assets those trngib￿fr(ed assers hJmYed trom restrEèl fiJndk The tr3ndÈr (rom orher to the del￿nIted fixed 35set fund of £1124.20712020 - LI.779.4981 for the grow and chirw represents unrestricted iawblo addrlons in The year. WI￿ lund sUb￿c[ ￿ a re5trkw used to purchase 3 fixed OSSL the re5￿Ct￿ 55 deemed gtisfied. rrearmait aPFlie5 to fund vthere rhe¥ hAYe to PLY<has¢ an as5eL ather lund5 roprBwnr amounTS hekl trom Sm31￿r granl making trusts ￿ othET5 for ￿rious restrKted purposes to thLxr Irdr4Alual SI￿ ?r@ not to be dlsdosed separarely In thesé Jccounts. GFIOUP At l Awil 2020 Inve5tmevt Galnsl(L05￿5) Transfers At 31 March 2021 IrKome ExperKlltsre General lund 4A33.498 ,72hOI 14401,1921 9.925 {2,153,482) 5.OBO,350 Irwe5¢mènt ￿r¥￿ue reserve 294.854 425.013 29,275 749,142 DeSi￿ated fund¥ FD(•l a55er fund {466,303) 2.124.207 12*74.165 Total uThre5tritted funds 1 &144,613 8.792.601 {6,868.495) 434,93B 18,503,657 Restrltted funds Othw ￿Thd5 25,318 1,969,960 (1,887.8951 l 01,J8J 25,318 1,969.960 (1,887.8951 107.383 Tgtsl fund5 10.762,561 (8.756.390) 434.938 18.611.040 shou￿ St Rtchard'5 byant ro Wikknd Driye, ilw￿ld need from the Slg Lottery as th￿ was # condti￿ tsffundir reg1Ster￿ at LarKI R•wsrry. Page136

ST RICHARD'S HOSPICE FOUNDATION NofES TO THE CONSOLIDATEO FINANCIAL STATEMENTS RTHE YEAR ENDED 31 MARCH 2021 (cont￿￿ed) RESTRICTEDI UNRESTRICTED FUNDS A55ETS AND LIABIUTIE5 REPRESENTING UNAE5TRICTED FUNDS GROUP General Fund Re: Investment F￿r Value Total Total Designated UThrettrfcted Unrestritt Fixed Asset Funds Funds Gener Eulld _ ED ASSETS Tanybka55et5 InYe5tmw lnVe5rrn￿ts In ￿Int venrLYe 12.674165 11.674.165 3.661.835 2.912,693 loo 749.142 CURREtrf ASSETS Stock D¢btor5 It4xe 191 60.472 2,272.990 60.472 2,Z71990 74.919 IA26.909 Cash ai bank 2.673.915 2,673.915 1.534,198 REpL￿. Amunts falllnz d in ¢ne year IN(bfè201 {1.073.154) (I,Q7J,154) 11.466.676) CREDITOMS. Amounts ￿lIr¢ due oneY￿r. IN¢rt211 (1.766,666) {1.746,666) Totol Fund5 5,080,350 749,142 12.674,165 1IS03,657 1&144.613 ASSEfs AND UABILITIES REPRESENTING RESTRicfED FUNDS GROUP Total TotAI Restricted RestrKtwJ Funds F￿4$ FIXED ASSETS Tangible 35 In¥esrrnents Inves￿eThts ￿ jL¥rt Yerture CURRENT ASSETS Stock Debcor5 INote19) Cash at 1395 115.537 2.395 32.207 CREDIT . Amounts hlliThg due vthin oneyear (Note 101 (10.54111 19284 TtAal Fund5 107,383 25.318 Page137

ST RICHARD'S HOSPICE FOUNDATION TATEMENTS NOTES TO THE CONSOLIDATED FINAmQ1￿. EOILTHE Y_EAR ENDED JI MARCH 2021 IContyu¢dl 29. COMPARATIVE UNRESTRICTED FUNDSIRE5TRICTED FUNDS 'GROUP AtlWI 2019 InYe5trnent Transfers At 31 March ioio Expenditure General fund 5.395.175 8,904,740 (8,677.482 {18,799) {770.136) 4,833,498 Investmetht fair Y￿ue reserve 4S2.034 {138.J81> (18,799) 294,B54 Designated funds Fu(ed asset fund 9.64&395 I409￿32> 1,799.498 11.016.161 T¢)tal urbr•stricted funds 1S.493.$04 B,904,740 {9.087.1141 1557.18Q) 990,563 16.144.613 RestrIct￿l lunds FI)St￿Ce Fund Community ca￿ Fwd IPU Extens￿￿ Fund 2020 Capital Apwl Other Funds 50.0(L) 2&366 154.274 (138,839) (18,453) 25,318 7&336 .076.JB4 (138.839) {990,5031 25.3IB Total fijnds 15.571,94ts 9,981,124 (9,2Z5,953> {IS7.100) COMPARATIVE ASSET5 AND LIABILITIES REPRESENTING UNRESTRICTED FUNDS GROUP General Furtd jDVEJtment Fair Value Total Unre¥¢￿tted Funds Designate Fixed Asset Genernl FIXED ASSETS Tangible assers 2.866,048 loo 294.854 3,160,902 100 Invèstm￿tS in ￿lTht ¥envJre CURRENT AS5 Stork Qebtors INotÈ191 sh at bank 74,911 1,826.909 1.534.198 74,919 1.820.gQ9 1.534.198 BEDITQR%' ArKJunrs falling due ithin one year IN0￿ 201 11,464676) (1,468.676) Totsl Fund5 4.833,498 294,854 1.016.261 16,144.613 30. LEGAL STATUS OF THE CHARITY Thecharity is a cornpiny linwt& by guarantee ha5 no 5harevAwtsL The liibliyoleath thern￿r in the eyent o1wnd1￿ up LT limittd to Ll. CQNTROLLING PARTY The chxity 15 under the Iyntr¢A of Ks GovwDor 32. AGENCY NOTE Sr RKhards Hospicè Trnd1￿ Company ￿rnrte￿ 15 in agent to St ￿th￿rd'S Hospice on sdling second ￿rtd goods for wthith Gilt c13imed. Totsl Gifr Aid sxles were 1220.n5 11864,28S . 2020) and Ihe rwTr3Eement charye for thry Sor￿Ce was £168.305 1£650.100- 20201. C93,7611£94.JI6-20201 Isheld In orhercTeditors on behAlfoFtheWorre51eTknteTruStto payk>rthÈ trainlngol sPea￿[Y palharNe reiistrar5. (9.5QO IL7.229. 20201 is held In llth￿ Ireditors being refvnds rnxdÈ afrer rhe year end foreyenty onidled due 10 re5trictyon5 IDtrodKed by the govemmenE 10 combar the COVIt>19 ￿[br￿ Page138