Re￿1￿￿1 Number 1628455
Cbgrlty number: 516287
(A eompaDy Ilmlted by guuaDtst)
FOR THE YEAR ENDED 31 MARCH 2021

THE MYfoN HOSPXCES
(A ¢omp*Dy Ilmlted by guarantee)
coNrKNrs
2-19
27
28-52

(A company Ilmited by guArantst)
ADVISERS FOR TEE YEAR Ei¥DED 31 MARCH 2021
Thiotem
MrN C Hunter. (TrBigned 23 September 21Y20)
Mr K Beer.Jone8
Mr8 M MorTi8 (deLwthI 7 January 2021)
Dr V Rob80n
MrPDTayl
Mr8 N Wtt8ni.B]at
Compw r¢￿•t•r1d numb•r
1628455
516WI
Mrj G Mor8
Mr8 M Linnane, Directir of NursiD8 & Car¢ S¢Thl¢¢8
Mr G DiT¢¢torof Hutnan Re40Th (reBigDedJun¢ 2020)
Soltdto
Brcwin Dolphi4 9 C4)Jmore Row. Birmingb4 B3 2BJ

MYfOF4 HOSPICES
(A eompAny Ilmlted by gu#raknttt)
IIiUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2021
annual ryort togetbu with the audited fLnancI￿ 8tatawts of The Myton Hospices (the ¢ompgny and the
8mup) for the l Apri12020 to 31 March 2021.
do¢U￿t and the pmvi8ioJ8 of the Stat¢uwnt of RecI)Mn￿ Practice (SORPX 8pplicablc to chariti¢8
Ropub]io of lffland IFRS 102) (¢ffethl￿ l J8nuKy 2013).
The bave c4)mpJieAI with the ¢kny ID the awitia Act 2011. to hve re8ard to benefit
ObJe¢tfve• a•d AdMII¢•
ODr Vlthn
their Jif¢ Ind bav• th¢ riBbt to a gorf naturnl deAth, th• way th•y want it to b¢ and with th¢ir lov¢d on¢
Ov MIMIO
Th¢ Myton te4oJ pmvide high quality 8pccioIi8t care to people whoK condition no Ion8er to
curative treAtm￿L from thawi8 to duth. We alm to meet their phY￿c￿l. p5ychologicaL wtual
Bocial needs ensure their familie8 ate 8UPPOrted both throu8h and after this difficult thm We •re
I￿r 8tr1ts8y 202￿2023 was launcbed prn the ￿ and roc￿e$ oll fiv¢ 6¢rAt¢* th¢mu:
Pwl¢
Our wvle
Cor¢ andsupport for ourpili¢Dts UKI th¢lr ts allr¢ndy ddivered in the followill8 way
12 bthd iDptiti¢nt utiit at WaThvi& Myton Ho8Pi¢e.
16 b￿led illPAti¢nt unit at CoThlry Mylon Hwice.
n Hospice at Home team CO￿ltig the Rugby. Wa￿1Ck & IKamiD8th SpAaxea8.
C￿lI1n8 Swvi¢¢ op¢r8tiDg a¢ros$ all 3 sxt¢s.

i tbre¢ site&

(A company Iluthed by guaralltee)
TRusfEESI REPORT (¢onthi
FOR THE YEAR EWDED 31 ￿RCH ￿1
to morc c4)mplex patients in their IKmes duTin8 the PJDdemic. Cir apwoach wa8 of
To he￿ ow tedTru delivtr more eare andjupport ts thepeople who need ￿ we will engage Hrydety wlth
Hospic48 re£eived£l.56£152 to the end of 31# M•rth 2￿21.
ants (£101874) and fimdingtsth¢Hospice serviL￿Vi&th¢bettercarefulld(£45.s00). IAKal authorthes
a180 isswl * in to the ¢lo*Jre ofrelail prnm1￿& (£335.197).
fjngncid yehr monthly Jnceting vKr¢ held with all of the com0￿one￿8 jointty. This engagement helFd
them rather than axpectlng tllm to Come to us.
Our plan8 lo work in the commuDity comm￿￿ by ¢xpBnthng the Ho8pic¢ at Home teom dwin8 the
pandemic on a t¢mporary basis. This gav¢ & ral iDSi8ht into the p)ssibilities fr the Hospice to worft
"outsid¢ of the Hospice wa118". During 2020121 w¢ w¢rc deli8hted to be success￿ in the application
£IOO,000 from Barclays Bank for the u8e of pwcbasing vehicles ill othr to a5#i6t our nUrBI￿ t￿￿9 to
de]ivu care witbin the community. Two RAv4'8 lllve been Jdapt¢d

THE MYfoN HOSPICES
(A eompADy Ilmlt¢d by gu4raDte8)
TRUSTEESI REPORT (e4bnthiued)
relaliwhlps potajllal major giw¥ and inj1ue￿. We WUI al￿ develop Incomefrom Comm￿JaI
impnwparhng atL)wsltu. IYewlllconttm* tofvLw on ¢￿tImprovemert collaboradw avdeffictency
At th¢ slart of the parthrric maDy nonv patient facing role8 moved to work remotely, ]ar8dy from hom
Th¢ ￿ twi moved very qul¢kly to s& up syst¢m$ and pro￿85¢$ to ￿8b1¢ staff to work from home and
sources and p]aces allocated accordin8 to clinical neeiL We WO￿ ¢los¢ly with a raT￿e of health
STrATEGIC REPORT
ID Padent Servl¢o8
anyone a•118 hnd ov¢r who jws a Cbventy or Warwidrshire GP. and oC￿l0￿allY as a cTrthrit8ble
organisadon w¢ hdp pati¢nts who do not live in the are4 if they express a to di¢ in & hospi¢¢ ¢lL
to relHlivw who do liv¢ inth¢ 8r¢aw¢ 3¢rvi￿.
the of April.Allg￿ Thi8 allow¢d th¢ rthploym¢nt of Warwick Myton Ho8piL¥ clinical 81aff to
shoitages cau8ed by COVttk19 and resulted in being abl¢ to in¢re4￿ th¢ numb¢r of availabl¢ in
Coventyto 19. TheW8ThickHospice ljas 12 S￿1811$tP2￿i￿tIvecarCbedS,ava1IdblctQPalliativepotsenty
AuBusL in the remattider of the year there wae 129 tidmi85iODS into th¢ IJL.pati¢nt wilt (2019t20. 428).

(A conww Ilmlted by guarantr•)
FOR THE YEAR ENDED 31 MARCH 2021
In Cov¢nty IPU we have 16 b&ts. lkning 21noni wc decided not to allocate a wific nullknof nwse
CollllDiS8ioning (CCG) as nur81 l¢d bed8 for tb)&e pAti¢nts who are d￿ll8 with an entiC4)At¢d
de¢Jin¢ of to 6IB week&
In the fin￿lla1 year there weff 326 patients (2019120 . kn) who stsyed in our IPU in Coventy 8Th1
occupied ow wi81￿t bth with 64% of thc8¢ $13ys T¢wltin8 in the end of Jifr. 76 p&tieDts otsy¢d in our
NuT8e I£d B¢ds (2019120. 94) with 8PA ofth¢8¢ Stays resuItill8 in the end of life.
IBve weviouBly attendcd (w Day Units and promded Sign postill& and advirx over th¢ phon4 as&istsng
mad4 to 872 individual8.
Myton It Home
A8 8 result of th¢ ¢10gure of our Warvrick In.PAti¢nt UDit dosing wly in th¢ y¢ar. our Myton at home
added into the Service whilst the in.p*ientunit was clol
and Rugby (2019120- 1671.
of I(￿kdOwn th¢ majwity of ¢oLwliatloDS took pkn v1th￿l]Y.
nwnber of patients treate
19,w¢continuedto de]iver8ervice8topatientsandtheirf8milies.WeWtin.patientbe•J8openandoff¢r*J
r¢mote sLIP￿rt to patients WI￿ have previously accessed our out.patient 8errfic4 a180

bard work of all of (Htr 8tsff thmg the ptinthll& Itkn8 beth a hi8hty anot10n￿ ywond COViD.19 hfil
q￿CklY ad¥tedknd foundthatthey¢4xthlh¢lpmor¢F4tithtsby doing it in ijlllway abl¢to foa

(A COmP8Dy Ilmltsd by gnaraD*)
EX￿￿1¥¢ Offi¢er who will will dele* the reSpOn￿7)I]Ity of In￿tr881100 kn eitlw the Directir of
yment). We have aw>(dMknlity to en8ure each entrant must be at leA8t 16 )w6 of 08¢.

THE MYfoN HOSPICES
(A tompany Umlted by guarantee)
TRUSTEESI REPORT (eondnlled)
FOR THE YEAR ENDED 31 MARCH 2021
INVESTMENf POLICY AND PERFORMANCE
Th¢ value of investments is £3.701.351 (2019120 - £2,686,386). The investtllent fi￿d includes £67.500
relating to the value of the land at BraunstoDe of which Myton holds & share and £45.354 being the
shareholdings in the Promotions Company. The remaI￿g balance is held in a IOD8 t¢rni investment
portfolio man8geA by Brewin Dolphi￿ the returns on th¢ Invest[nentsd￿1n8 the yeararcpaid &s an income
to the charity.
The cbaTities reserve policy states that th¢ reserves b818nce is held in investsnents. When the cash balances
of the organisatioD are above the levels needed in working capitsl the Finance and Audit Committe¢ 8gre¢
to move more funds into inve8tmetts to ensur¢ the best Tate of return is gener8t&L
The effects of th¢ COV￿19 pandemic impacted the investtnentnwkets in the last quort¢T ofthe previous
fingDci81 year. and WLS the masn contributing factor to the inveslment108ses in 2019120.
During the 2020121 the In￿St￿¢￿t balanc¢ rwvered over the ye8rwith si￿11fiCallt inoreases in
the value of the portfolio when the vaccines wer¢ approveAI for in the autunm of 2020. tn March 2021
all additional £5￿,0(￿• was transferred to the inv¢5tsnent portfolio.
Investment Balance movement between January 2020 ond Marth 2021
3,750
3J50A
3Jts)
750

(A compAlly ljmlted by gDarants4)
TRUSTELS, REPORT (CODtlnued)
FOR YEAR ENDED 31 MARCH 2021
face canvassing tr lottery 8t* and all of thc sbop8 had to ch)s& The iinpi¢* of th¢ pandemic
cash flow of th¢ or8aDisation.
Th¢ d(wre ofthe retail di8tributi<>n
The Th¢rap¢utic day8 will be Btaying ¢loiryL
kitchen
The ffduction of bed8 from 16 to 12 in WarYri¢k ￿patientUnIti
as pjannwj and arenotbaviDg adverse eff¢¢ts on th¢ s¢ryi¢¢3 provided foTth¢ b¢nefit of pati¢nts and their
f8milie&
Thefinanol￿ye0rettdpoBltiolliS awjrylusof 4397917 (Inclusive0fde￿18ts0n1 cOMp￿￿t0thePI1
year being a n¢t d¢fiett of £323.794. Of the 4397,917 8￿pIuS £560,IY27 rel&t¢s to gains (In inv¢8th1
to £274,053 lo&se8 in the prior year. In¢l￿]ed withiti th¢ net prnfit ¢bArg¢s of
£514.600 (2019120- £569.873).
io

FOR THE YEAR ENDED 31 MARCH 2021
Hospices within the suidw￿e 8et by the Tr4HS. Th¢ Myton Ho4xw recaved £lJ64,152 of fimthD8
NHS Grants xllcre&8￿bY IYA ovryall in 2Lr20r21 to 4654.149 ftThn £2589363 in 2019r20. tndudcd in
Tr Myton atHome Contract rem•￿] slth (202QQI . £154.080. 20l9nD. £154.080). Tr Nwse
to fLubling (Ydy thff¢ fr<m the l* 2020. tnL%ll￿ * to thii colltrnrt in 2020r21 £151447
(2019120- £312S03).
li

(A eompw Ilmlted by guarnnts•)
TRUSTEFS, REPORT (c4MthiU￿)
FOR ThE YEAR ENDED 31 MARCH 2ffll
Dwitig 2019120 inc4>me fmm doutiOll8 olld tolnlled 4768178 A62%degr￿l (m tkn prnvio
y￿r (2019120 . £A.012.873). Th¢ rnlv¢tlon 18 refiective of the rwjucal numb6rB of potients Ca￿1 for ID
our inytient wvicth. Legg¢ie4 left to the bospic4 in 2020r21 wv¢ £IJOA513. an ioq¢o8e on the prior
ye•r (20l9r20 . £1.143288). Don&11￿ s&w a year on yw with a total of 445Q665 b4iD8
doll￿ by our (2019r20. 4869J85).
thou8h ¢Bay. 2 8hq>J cloBed thrin8 the y￿. both Ath¢TttoM and fde Hill had bm pfffonDi
(Irou totall￿£11&754 In 2(Y20r21 (2019no. 4274863).
(hou Incom¢ from Lottffy ha8 a decrea8e In 2020nlto £2.I60ffj3I (2019r20. £2274.7501 Th¢ net
reAtridion8thathavebeen inplac¢. Th¢tolalnumbff ofiottery ]inw *th¢ 31 MA￿bIl38.4o8
(2019r20 . 41905). kn • vffy mp¢ddve Kctor of (Irlty I lott•rtw m￿Oft th•
Diteot ¢iAts ofpAti¢Dt tot4llrA £6.42I.570 (2019r20- £7,111313). The dlr&* CO￿ of cate
d¢¢rOu￿￿￿t0the clofflreofthein•Ati¢ntUDh1nWaT￿ alldtstotho olosure ofthedayunlts thrin8
IDdlre¢t P*llM¢ C#r• Co
8AViD8B plan Ixin8 Implall￿ durin8 th¢ )Thr. Totsl Indlre¢¢ M818 w¢rn £1336,419 (2019r21
£la24,520) a 6.7% dewea80 on the ￿lory￿r,
At the year the totsl fimd8 of th¢ rn stood at £14,856,785 (2019120 - £11458￿) &duthn8
r¢otrlthd fiuMIB vknich totalled £191037 (2019nO. £5Q185). Th¢ of th￿• fimd8
GOING CONCERN
12

E MYtON HOSPICFS
(A ¢ompADy Ilmlted by guarnnte•)
TRUSITLS, HEPORT {￿n￿lled)
FOR THE YEAR ENDED 31 MARCH 2021
A risk regi8ter for th¢ thwity is ttWintain￿ and r¢viewed by the Tru8ttt8 at e4ch em)mittee Ibi.monthly)
l. The CoronaTtruJ pand¢mle. The COVID pandemi¢ p￿¢9 multiple risk8 to the Bu8tthwbllity of
our O[8aDisats￿ incluthng ri6k to he41th and w¢]]Ixi08 of 0￿r Slaff ond volullteer4 vknich in turn
a risk to the 8upply of fool fiwl and 8w)plies and our ability to generate volrntwy fund8. which
futwe econo￿¢ outlook 18 Ari8kto th¢ Hospi￿ as the poJ8thility of IT￿8[04 8houldit hhpp¢
Ho8PiL% and tbird party events, rfthey ar¢ plI￿n￿ will b¢ for lowtr mllniw8 of ￿ti¢1p&￿tr
and 80 the inLX)me Sell￿a￿l i81ikely to b¢1¢88 thkn ptiOVID l¢v¢l8. Th¢ low ba8 prowded
8 8tabl¢ iow¢e of Inwn¢ for th¢ Hospi¢e durin8 the yearended 31° 2021. how¢v¢rplaylD8
Btrr4m the playing Dumbq¥ ts¢¢d to In¥￿Se yetr on Y￿ to kw up with the attritio4 yetthete li
concern that fftce to e4nv888ln8 may not b¢ re¢¢iv¢d w¢ll by th¢ public whom are now u8¢d
3. Th• re￿11•ll￿ ofthè mod1￿1 tam. A number of the ￿￿1¢41 team bavt moveAl¢)n lothe laatf¢w
month8 of 2020f21. A con8uItsDt port boa been advertiwl to fill the gap, bowever there ho8 not
order to miti8Ate the risk of M￿lical gtsff cover.
4. stsff w¢llb¢lD8 And reJllieD¢• followln8 the impact of the cov￿ p4nd¢tth. A IK8em4Jority of
taff vAth bmi out following th• potid•ni¢. Th¢T¢ Iw8 bmn a of thn¢ wh¢
Vi8itiD8 of patient ha8 be¢D feBITiCted dry the YCAT and th¢ 8tsff found it paTtl¢￿0￿ dIffiC￿t to
care for rAtients whom were mi88iD8 their lovo1 onel. kn the Impact of the p&nd&mic le6￿n$
Builty find found it hard to rthrn to tb¢ir m1¢6 haviD8 lon8 pffiod of t1￿ out of tho
S. Staff re¢rllItme￿ the eumt Yecnlltst mlrket Is wre¢¢tht¢d alld thern ts a rfgk that 8othJ
quallty Staff ar¢ not Available to fill th¢ 84>8 withln our tethn& tn 8en¢ral th¢Job8 mtht r¢fled8
a pthod of ￿juS1M¢￿E whilst th¢ NHS orgtitiknti￿ are 8e•lDg a good rwoll8¢ wl
13

Totsl fimds of the gmp at year e4MI 8tood at £14.856.785 (2019r20. £1145&868). Rt8tri¢tcd fimd8
tOtall￿£l91037{2oI9r20-£56.185)8[mtUnT¢$￿fill¥tst(rf4ll￿£14.664.148 (2019120-£11402,683).
Freer¢wff8 oftkn 8TOUP •tthe )Mr at £63Q154 {2019120. £979.43
D¢SIg￿ funds totalled £14m4594 (2019rJ). £11.423W) 18 ￿￿kUp0f th¢ following fimdK"
fixe4J as%t fillMI of llJ9).719 (2019r20. £U61.462k
inve&￿ fimd of£3.70135112019r20. Q686J86
8ffvI￿ ¢XpaDsi￿ fird of £142524 (2019r20 . £155,41M)) th¢ Wwwick Iwi¢¢
fu￿1 of £5￿).(￿)0{20I9120. r15.(KKI).
4beds in Warwi&£300.0
CONSI￿10￿
14

Tr Board of the MytoJ Hryices 18 m*Jc up of not l¢Bs d•n 4 and no nkye than 12. of vknicb 2
of th¢ hwi¢¢8 r¢]ot¢d
PAY POIICY FOR SENIOR STAFF
WoTkng th th¢ Charlty 8¢¢*orM>ton belleves thlt It ts imp(¥knt tobe ttaD8Prnt the pw l¢v¢18 of
••
ti¢Dts.
9.IKIO pN{net of Nl aTrJ pension ¢oJl8) (2019r20- £A98.0￿*
15

(A eompiny Ilmlted by gllargntse)
TRUST￿. REPORT (cDntlDued)
FOR THE YEAR ENDED 31 MARCH 2021
ORGANISATIONAL STRUCTtiRE AND DEasioN MAKING
hold8 a range of res¢DMI matter8 and d¢l¢gots8 certain authority to the exeattive leam iti ordor to Tun the
Finance and Audil ComJJ]ittK which moDitoTh the ChaTity8
The People attd Workforc¢ Colljznitt￿. th18 committ¢e is for slaff wollhln
80vernoDce ofthe organi￿tIoll.
The Mark•tin8 Con￿nitte￿ ts r¢6poD8lbl¢ for th• publk of th• ¢barlty. induthg both
Charlty GovernaDe¢ Codt
decla￿10￿8 and re8i8ta¥ of the ¢]wAti￿ hw¢ b¢¢n form￿11￿ an ]Ine vAth the 8uidaD¢
Pro8r¢88 fi8Aln# th• plm18 monitored ot th¢ MoD#8¢rnt Bwd m¢¢tlw.
contiDue8 to IJJwrov¢ and r¢fine th¢ risk mBD8gement pro{￿￿¢￿. The top five risks for the Hospice at the
31stMaT¢h 2￿218r¢ 88 follow8:
2. Volunlary inconw in the coming yer.
3. Th¢ resilience ofthe rned1￿ teaDL
4. Staff vKIIiKing and ￿81]I¢ll¢¢.
16

THE Myfoiy HOSPICKS
(A eompaDy Iludted by guarnnts•)
TRUSTEFSI REPORT (elmthln￿)
FOR YL4R ENDED 31 MARCH 2021
compw. Thi8 Lxbvcri8 up to £l,IJOO,(KIO and co# £1.808.
The ￿ ahead will be a year of recovay. FAll focus on the strategy Set prAor to the pandemic with
adjustsn¢nts following I￿￿1￿86 88 a rwdt of th¢ pa8t year.
The welllxiD8 8¢ryice will b¢ embed￿ into the 8¢rvIC￿ offe￿d by the clinical teain4 andthe well￿1￿￿
bec4)nR more accessible.
The ]D￿tent uni¢ will open to the nmnber of Ixtients 89 soon A¥ it is 8afr to do 80, and work
with referrer8 will c4>ntinue to ensure that as mattypAti¢nts as POSFibl¢ Bain thebcn¢fits of HoBpice care in
the coming year.
Exp8ndiDgow B¢rvices outside ofthe Hospice wau8 will be one ofthe main arw of8¢TViCC dcvelopmenL
w¢Ubeing as we come out of thi8 difficult year. A wolking w is plaDlliDg h￿1th and wel]beinB events
re8thly andthe numb¢r of m¢ntsl h¢Alth fll5t th 15 8rowing to ellsure that all 8taffhave ￿ to the
FUNDS HELD AS CUSTODIAN
The Clwity acts a8 an a8ellt in adtniiM8terin8 fimd8 for'GP PMS Bducation" on bthalf of the NHS. An
of£19256 (2019120. £23.152) is Includ￿ in other ue41itor8 Kelatingto undistnbuted funds.
the NHS. An amount of £Trf]ll (2019t20. £13.IYXI) is include41 in other crediknTekntiDg to undistn￿llted
The Charity acts as an agent itithiwterin8 fund& for"diffiwlt¢onver8ation8" on behalf oftheNHS. A
aull)unt of £U61 (2019120. £2,561), is included in other creditors Tetsting to funds.
17

(A ¢owpany Ilmlted by gu*raDt¢¢)
Vohmtem, poli
H¢AIth & #fety
dI￿bled
18

THE MYfoN HOSPICES
(A COMp￿Y limited by guarAntee)
TrUSTEESt REPORT (eondnued)
FOR THE YEAR ENDED 31 MARCH 2021
TRUSTEES. RESPONSIBILIT￿ STATEMENr
The Tn￿tee$ (who a￿ also directors of Th¢ My¢on Hospices for the purp)ses of company law) are
responsiTr*le for prepaTing the TTU￿Ces. report and the financial ststernents ID accordance with applicable
18w and United Kingdom Accounting Standardg OJnited Kingdom Generally Accq)ted Accounting
Practice).
Company18w requires th¢Trustc¢s to prcp8rc fina￿181 statements forcach financial year. UDdercompany
law the Trustees must not gpprove the fin0ncl￿ s¢gtunents unless they ore satisfied that they give a true
and fair view of the state of affairs of the charitable company and the group and of the incoming resources
and application of resources, including the In￿Me and expenditure, of the ¢lwit8ble group for thllt perio
tn prepaTing thae financial Statall¢D￿ th¢ Tn￿ ar¢ required to:
scl¢ct witabl¢ a¢￿￿lting W)li¢ics: and thcn apply them ￿nSiSte￿Ily.
observe the methrmis and principles in the Charities SORP:
make judgments and accounting ¢stima¢es thai arc reasonable and prudenL
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable 8TOUP will continue in operntion.
Th¢ Tn￿CeS ar¢ r¢sponsi￿]e for kwin8 athquate ￿COUnting Twords that are suffi¢i¢nt to 5bow and
cxplain the charitabl¢ compAny and the group's transactions and disclosc with ffasonable accuracy at any
time the finBnciai position of the charitsble 8toup and en8bl¢ them to ensure that the financial ststem¢nts
omply with th¢ Companiu Act 2CI)6. Th¢y at¢ Also rwn5ible for saf¢guardinB th¢ a58¢ts of the
charitable company and the group and hence forf lakin8 rea8on8ble steps for the prevention and
detection of fraud and other irye8ulaTities.
DISCLOSURE OF INFORMATION TO AUDITOR
Each ofthe persons who are Tn￿lee5 81 the time whcn this Tntsttts, report 15 approvd b&$ ¢ODfirrncd that:
so far as that Tnts is awa[4 there isno JElevantaudit information ofwbich the charitsble 8roup'8
auditor is unaware. and
that Tnjstee h&s tsken all the steps that ought to have been tsken as a Trustee in order to be aware
of any relevant audit information and to establish that the charitable group's 8uditor is aware of
that infornjation.
Thi8 re￿rt was wroved by the Tnu¢¢o on 21 July 2021 and 5igD&I on their behalf by:
Mr K W Deml*n
Chalrman
21lD71&1
19

(A Mmpany Illldtsd by guaTaDtee)
OP￿0￿
We bav¢ aVdIt￿ th¢ fiwcial statcm¢nts of Th¢ Myton HoBPl￿5 (th¢ *t cbaTity) and its sub¥idiari
(thc'group? forthey¢arend￿31 Matcb20218etoutonpag¢823 to 52. Thc financialryoTtinB fram¢wodt
88 at31 M￿ch 2tr21 andofthegroup* incomingr¢50ur¢e8andapplI￿trOll ofTr80uw induthng
IS FOR OPINION
r¢op)JwTriIiti¢8 for the audit of the fmancial ststanents ￿10￿ of our repoit We are indepen(kn of the
intheUnitedkngdoD4includiDgtheFinan¢ial R¢porbn8 Counul's Ethic81 Standart and￿hav¢ fithll¢d
CONCLUSIONS RELATING TO GOING CONCERN
or LxmditiOD8 thal indi￿￿￿nY or ¢￿ll￿tiv¢ty. JDay c88t significant doubt on th¢ cljaritsbk compan￿8
bility to continue as 8 goitig elm￿ for & pryiod of at least tw¢lve months from whon the ruw￿1&1
However. th¢ COVID-19 viral pandeD)io is one of the most 8igtiific8llt economic events for tbe UK with
unprecethted lev¢b of ￿ll￿1￿ty of out￿￿ It is therefor¢ difficult to all of th¢ potsntial
20

OTHER INFORMATION
21

## **THE MYTON HOSPICES (A company limited by guarantee)** 

## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE MYTON HOSPICES** 

## **AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: 

- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness; 

- Reviewing minutes of meetings of those charged with governance; and 

- Enquiry of management to identify any instances of non-compliance with laws and regulations. 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation.  This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report. 

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 

## **USE OF OUR REPORT** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. 


Gregg Olner MPhil BA(Hons) ACA (Senior Statutory Auditor) For and on behalf of Harrison Beale & Owen Limited Chartered Accountants and Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 11 Highdown Road Leamington Spa Warwickshire CV31 1XT 21 July 2021 

22 



2021
2020
INCOME FROM:
47W36 IOIS138 A72W4 4.467.873
Wffj03 2.687.893
&OOS720 4.595.435
732
89.679
7Q732
oi
138
19 11915 880
3.512.417
J&37J
8 436.833
729 11965.621
17073
17073
ClJaTitabl¢ acttvitie8
L643810 19W L837W• (49.741)
GAiNWSSES)
74.053
19£48• 1397J17 (323.794)
13S852 L197g17 @23.794)
134852 ¥97J17 (323.794)
RECONCILIATION OFFUN]X8
12.782.662
IW748
19&037 14854785 12.458.868
FORWARD

(A ¢ompAny Ilmltsd by guarantee)
FOR THE YEAR ENDED 31 MARCH 2020
f4wd8
2020
funds
nd8
INCOME FROM:
4.335.839
2,087,893
4.595.435
89.679
132.034
4.467.873
2,687,893
4,595.435
89.679
Charitable activitie8
TOTAL ll¥COME
IJ 783 840
J32 034
IJ 915880
3.512.417
10.371
&329.089
11857877
3.512.417
16.371
8.436.833
11965 021
107.744
(74.031)
74.053
24.290
49.741
74.053
48.084)
24.290
(323.794)
(303.144)
(20.650)
(323.794)
(303.144)
QO,050)
(323,794)
RECONCILIATION FUNDS
Totsl fiwds at l April 2019
12 705 827
835
J2 782 662
T(WTAL FUNDS AT 31 MARCH 2020
12 402 083
185
12.458 808

THE MYfoN HOSPICFS
(A ¢ompaDy limited by gu*rntttee)
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
FIXED ASSETS
Intangible assets
Tongillle assets
Investments
14
15
16
94.451
7,496268
3 701J51
11292,070
97.014
7.964,448
2,686,386
10. 747,848
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
18
19
48.863
1.457,401
1,962,223
3,468.487
lJ35551
17
5J79,640
CREDITORS: amounts f￿]Ing due
within one year
1757 467
NET CURREiYf ASSETS
3￿4.715
1. 711,020
NET ASSETS
12,458,868
CHARITY FUNDS
Restrided funds
Unrestricted ￿ndS
TOTAL FUNDS
192.037
14 664 748
14
56.185
12,402,683
12,458.868
Thc fin8n¢ial sts¢ements were appn)ved and authoTi5ed for issu¢ by the Tn￿ on 21 July 2021
and signed on thcir behalf by:
Mr K W Demlan
Cbalrnian
21 10i1&1
Th¢ notes on pages 28 to 52 form PArt of these financial statanents.
25

THE M￿oN HOSPICES
(A ¢ompany Ilmlted by guarantee)
CHARITY BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
Note
FIXED ASSETS
tntangible assets
Tangible assets
tnvestments
14
15
16
94,451
7.496268
3 746.705
11 J37A24
97.014
7.964.448
2. 731. 740
10, 793,202
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
18
19
30,198
2,013,640
2 919 723
4J63,561
41,052
1.526.672
1529,557
3.097,281
CREDITORS: amounts failing due
within on¢ y¢ar
14
1489 360
NET CURRENT ASSETS
3.462.247
J.607.921
NET ASSETS
14 799 671
J2,401.J23
CHARITY FUNDS
Restricted fijnds
Ul￿estrICted fvnds
TOTAL FUNDS
22
22
192,037
14 607 634
14 799 671
56,185
12,344,938
12,40J,123
The financial Statemenis were approved and authorised for issue by the Truslees on 21 July 2021
and signed on their behalf by:
Mr K W Demlan
Cbalrman
41ts¥ici
The net incoming resources forthe financial year dealtwith in the financial ststements ofth¢ parentcharity
were £2,398,548 (2020.. net outgoing resources £323,261).
The notes on pages 28 to 52 forn] part of the5¢ financial ststements.
26

(A eompaDy Ilmlted by 8uarante¢)
CONSOLIDATED STATEM￿ OF CASH Flnws
FOR THE YEAR ENDED 31 MARCH 2021
2020
C￿h Ilom from fjperadDg actfvld
N¢t iDtlow fmm owatiD8 artivitieB
2&801
732
89.679
199•5) (J08,267)
521.781
443.275
71
Cb•ny In and ¢1oh equlval•nts In th• year
1037J194
(6.856)
J 969 079
17 J 962 223
27

IA eomp*Dy Ilmlt¢d by 8TaraDth2)
The Myton (the Charity) 18 a Limited by Gu&*¢ (r¢￿tr•I numkn 1628454
ACCOUNllNG POIICILS
the Finallci￿ Rwting .st￿ 4y11￿b1¢ in th¢ UK RybliG of Ir¢1W￿ (FRS102) . (Clwitiel
SORP (FRS 102)). the Fi]Mnci￿ Rwtiti8 Slwthrd ¥o]it•bl¢ itt th¢ UK •tyl Rqwbli¢ of Jrdmd (FRS
I￿2) andth¢ com￿￿1￿ Art 2006.
Th¢ Myton HO￿1¢¢￿ me¢ts the &finI1￿ of • pthlic iwefrt eMity FRS 102. A88els and liabibties
A¢t 2006.
CompADy •tstu•

(A ¢ompMy Ilmlt¢d by 8urnt¢•)
FOR THE YEAR Ei¥DED 31 MARCE 2021
AcCOU￿NG POLICIFS (¢ontlnued)
Fund a¢¢ounth8
29

FOR YEAR ENDED 31 MARCH 2021
AccouNfiNG POUCIKS (M*thiu•d)
the tim¢ of th¢ d(thli(
it kn be￿ deemed in4xftdirni to me•suTr the ftiir Val￿ of the •rd the of ￿l￿￿tIOn wa￿d

pwty, it li probabk tknt #ttIeu￿llt will b¢ oud th¢ •nwl of th¢ obliaatsffj ¢on t¢ m¢¥w
reliably.
of th• ¢lMrity Its1 In¢hMk th• I￿￿t f¢¢&
clwity 18 a going
31

(A ¢omp4uy Ullthed by guarante¢)
NOTES TO THE FllWANCIAL STATEMK
FOR THE YEAR ENDED 31 MARCH 2021
AccouwfJF4G POLICIFS (eonlinryed)
TaDOble fixed •Dd d￿re￿AthIn
siwficatit de¢litie In Att ass¢Vs m•Tk& value d￿joB the perio4 or evidence of obsolescence or physical
the revi8ed v81ue or the amount at which it would have been carried bad no impairme￿ 0￿[e4 the
FTeeholdprop
Free1￿Id1
- 20. 40 year8
. Cknrthe period oflea8e or 50 Ye￿ vthb¢v¥ is I¢sB
-3-IOyear8
FurnituTr. equipin¢nt andvebi¢1¢8 . 3. 10 yea
Computsr and office ￿l￿p￿￿t
-3-IOyw?
Shop and offi¢¢ fiidn88
Iio knve8tslleDts
rejiabty in which case tiis Measu￿ at co&tle&8 impaiiincnL Investment gains and Ios8e8. whetherrealised
(i)
Lll loterest re¢¢fvable
the Clwity. this 18 norn￿llY up)n notification ofthe intffest pgid orp&yabb by the B8nL
112 Operathg leaKs
Benefits ￿¢1Yed and re￿1V&ble a8 all illcetktl￿ to 8xgll an operatin8 lea8e ar¢ T￿gniS¢don astraight Jine
32

114 Debtor
115 Ca8h at Bank aDd ltt l•d
L18
33

£5&682.
not¢ 21.
INCOME FROM DONATIONS AND IZGACIL8
Total
2¥21
2021
2020
2J10￿53 3K112 145&665 2.869.585
W13 1.143.288
1•4874 lQl874
L56(152 L56I152
3W97 445,000
HospiceUK Covid.19
Jo.000
4 467 873
oi
TO&￿ 2020
4.335.839
132.034 4.467.873

Totsl
2020
W49 16¥149 2.589.363
2 687893
rotd 2020
2.687.893 2 687 893
rot
2021
2020
774754
TlQ754 2.274.463
2J60h31 416WI 2,274.7JO
4 595 435
TO￿ 2020
4 595.435
4 595 435
rotol
2021
2020
iJ57
75
iJ57
75
732
6,193
Tota12020
35

2020
L611046
36• L34Q261 &959ffj67 3.J12.417
17m3
17m3
16.371
L61LN6
16S334 LW1&740 3.528.788
531532 L47W 7ffj57m 8,43&833
li
io
n9 11965 621
rola12020
8.198.260
591.374 3.175 987 11965 621
nd•
IJ7V82 IJ7V82 1.448,9(KI
73J79
73J79
151.642
AhllO46 Ihll046 1.911.39J
360
480
3 512 417
stsff eo8ts
Tots12020
35J24J7 35J24J7
36

2021
2020
19 7
43
833
Tota12020
7 IJ2 313
J 324 520 8436 833
2020
184722
149J39
32Jii
213,082
81.785
38,009
53.93J
30J44
47.854
21.119
56.629
14,700
9.260
28W4 324,898
862￿1• 5.370.492
414550
479.392
37
92
436 981
21
7 112 313
Toh712020
7 IJ2 313
37

(A company Ilmlted by guarnlltse)
FOR THE YEAR EIWED 31 K4RCH 2021
ii.
2021
2020
157.IIM
36a86
127.168
' 144841
100.977
49.894
J35.767
lJ7.777
11.690
2.J4J
255.376
3032
171099
19.780
19392
51
Lo88 on di8P8al of tsnOblo I]x￿1 a88ets
21.501
569 393
19 1324 520
rotsl 2020
1324 520
2020
. owned by th¢ ¢baritabl¢ 8roup
Auditor'8 r¢mun¢rn¢ion. audlt
Auditor'8 remutL¢rntion. lloti4￿t
Auditor'8 remuneration. t&K
SIW
569,873
13.500
565
1.250
470939
2iVJ
471
Durim8 thc year, no Tn￿ r￿41Ved any be￿fits in kind (2020. £NIL)
38

(A e4)mpw llmlted by gu*rnDte¢)
NOTK8 TO THE Fll¥ANCAL STATEMEiYrs
FOR THE YEAR ENDED 31 MARCH 2021
STAFF COSI
Stsff c(*ts wetE a8 follow8..
2021
was￿ and salarfe
6JllJ19 7.096.835
SIV95
598.200
503 219
8 198 260
Non.8tatittorylnOn-contr￿ tern11￿ ti)I￿lD8 £8l,0511202tr. £8,596) were m*le to 22
(2020: 1) employK&
2020
300
Th¢ number of bi8berp￿d employee8 was:
2021
2020
tn the bAnd £60.¢J)I to £70,IJ(N)
tn the band £70.001 to £80.0(KI
tn the bAod £80.001 to £90.0
tn th• bAnd £90,001 to £llJ),lJ)O
Ofthe kngh¢r pid employees there 18 I Mern￿ ofthe me411c￿ team whom 18 pAid on the NHS ￿Y
(2020.1)
39

THE MYfoN HOSPICES
(A ¢OmPPdlly Ilmlted by guarnntse)
FOR ThE YEAR ENDED 31 MARCH 2021
Group alld Conylly
At l April 2020
18L781
ifjn9
At 31 Mar¢b 2(r21
At l Apnl 2020
84.767
19392
At31 march￿21
At 31 March 2021
At 31 March 2020
97.014
IS. TANGIBLE FIXED ASSEIS
Furtsltur6 Computrr
Property & veblcles equlpment
At l April 2020
&794763
7,759AIO
4,0lJO
U62,481
74106
(232J
47L164 14287918
83.156
(84rn) (319.137)
At 31 Match 2ff21
13
io
21
93 1
At l April 2020
1O2W 1ffj6&461
300034 6JIV70
SS047 230¥8
18S932
43,073
514,60
(2(WJA45) (72050 (281401)
At 31 Ma￿h 21Y21
107SSYJ 2,767J31
1ffj41J48
271.151
Net b1￿kwa￿e
At 31 March 21r21
1924
74
Ai 31 Mar¢h 2020
1.974.271
5,222,927
597.020
J70.230
7.964.448
Tncluded in freehom pxort i8]and of £1.114.199 whith is not d￿late4L

THE MYTON HOSPICES
(A ￿MpAnY Umited by 8Umnt¢¢)
NOTES TO THE FINANCAL STATEMENTS
FOR YEAR ENDED 31 MARCH 2021
AS.
IA)Dg Furnltur4 Computer
Fmhold Iwehold equlpment
& olftee
Propvty & vel&lu equlpment
Cbgrlty
At l April 2020
Additio
D18P06418
3.794763 7,754JIO U62,481
471,164 14381918
74,106
83,156
123lW (Krn) 1319.137)
At31 Mfirch ￿21
io
37
D•predadoD
At l Awil 2020
ch￿88 for the )
¥31A83 1O6S461
230J48
18S932
30W4 6JIV70
43073
514•51KI
At 31 March 2021
75
2 767 131
271151
N•t book vAlue
At 31 MaT¢h 2021
74
462
Ai 31 March 2020
1974 27J
3 222.927
597 020
170230
luded In freehold propty ts Illld of £1,114,199 wbl¢h18 not depr￿tst
16.
Groip
M•rk•t Valuo
At l Awil 2020
Additson8
iv86
97&719
(521,781)
67AOO W86
97&719
(521.781)
At 31 M4r¢h 2021
51
701
51
2021
2020
1633051
2,018.880
07,500
2 086 386
Total nwket value
31 Mveb
2021
3J Mtweh
Vanswd Funds PLC
228.987
137.073
181237
41

(A ¢OmPaDy Iluthed by guarADtse)
NOTES TO FINANCAL STATEMENTS
i&
Cbarfty
Market Vah
Ai l Apii 2020
161&886
97Q719
(521.781)
1731.740
IA719
(521.781)
At31 March 2021
67
74
2021
2020
3fi31851 2.61&886
67JllO
67.500
705
2.731.740
All of & fixed asset inveslments held ID the UK
17.
The L¥)mpw p&ys its ILY#bl¢ profits to the c￿lty by w&y of Gift Ai(L The company is rewster¢d in
ED8laDd and its comphny nutnbcr is 2663993. In addition to its trathtig results Oi8¢losed below. tho
company pryw8¢d 8al¢s of £20fj990 (2020: £734.980) re￿ltig to dththted sold under th¢ T¢tsil
42

17.
3hTr7328
$7,058)
(1,150,rn)
(&w)
Gift aid to the CtrArity
i& STOCKS
2020
2021
2020
29WO
39.852
39.852
1.200
19.
2020
707W8 6M502
65&502
386,137
78.017
204.016
1326 672
61S853
89.217
709,682
1.457.401
13
43

ThE ￿01y HOSPICES
(A compADy Jlmlted by guarnntrg)
NOTES TO ThE FINANCAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
2￿ CREDrroRS: #moumts fllllng due wlthln one year
Gromp
2020
2021
2021
2020
438.759
21S700
407.785
J33.633
J30.J02
1.054,973
1.757467
122940
43,132
119
133.633
130,J02
817,840
1489.360
43,132
14
14
827¥9
342￿7
265.601
821.369
59,421
827.549
81.222
638.860
162.0
Defared IllcA)n￿ At 31 March 2021
of£180,490121)20: £lf2S03), ChallenBeEventinc4)me of £47.068 (202tr. £15253). Funditig forPoultrey
£6.180 (2020: £6,180), F￿ding ftr Qu￿lty ¢nd of Lif¢ 0¢ for dl training ¢ouTh¢s of £28.81JO (21y20:
£28,8(X)), D'oyly Tn￿ income of £3.51XI (2020: £3.51)0), NHS 8rJnts and contracts for potiait ca
in¢omo of £596585 {21)20: £591 J13) atyl donation in¢omereceivedin advance of £l25,OIJO (2020: £Nll).
21.
the NHS. ]D th¢ a￿Unting period ethg 31 March 2021 the CI￿lty received £Nil (2020: £78.000) al
disburs￿ £13,000 (2020: £65.000) from the fjm(L An amou￿ of £Nil (21)20: £13m) 18 included inolh¢r
Th¢ Cknity 4cts asan agent in adtniIllst¢ring funds for"GP PMS Education. on E￿￿￿OrtheNHS. ]n the
accounting period ending 31 Mawb 2021 the Charity r¢¢eiv¢d £Nll (2020: ￿]1) Bnd (tisbuTred £3.896
(2020: £2,576) fivmth¢ Anamountof£19356 (2￿2fr. £23.152) isinththlinothez ¢reditor8T¢lating
the NHS. Tn the Accountitig p¢rifyl ¢ndin8 31 March 2021 the c￿lty received £Nil (202Tr. £FfJl) aDd
disburseAI £Nil (2020: £Nll) from th¢ fun(L An amount of 4561 (2020: £2J61) 18 included in other

21 STAT£MzKf OF FUNDS
ltslout (I￿￿¢¥) 31 Mareh
2021
061862
7Wffj719
(17m3) 404636 56W 4701J51
6)
14¥24
69J75
300,000
lo￿000
iow•
iow•
11rt23348
69J75 UO2&591) 3OIW 56V27 14031594
G¢tseral fulld•
64154
56J85 248Jll {
iffjooo
(575) (S&090)
4564.152 OA64J52)
144.702
47J35
Vehlele fimd
Hop3ice UK Covi&19
O01￿4)
185 2￿￿ts8 (IM658) (5&628)
192,037
56Q027 1485&785
Totsl orrunth
45

(A Company Ilmlt¢d by gpArants¢)
FOR YEAR EIYDED 31 MARCH 2021
STATEMENT OF FUNDS {eoAthm￿)
Apr1120J9
In10￿ (Lays￿) 2020
D*nate41 fonth
Fixed 088et fill
8.484.56P
3.005.370
239,500
(591,374)
16&267
8.061.462
(10,371) (IJ2.040) P74,053) 2,680.380
(41.814) (42.280)
J55,400
445,000
75.000
83,480
Service expan8iOn
445.000
75.000
WaTwick bosplc¢
11729439
11423 248
General fvndj
976388 11,180,300 (JJ,208,318)
31,005
979,435
Totsl Unr¢Btri¢t￿l 12 705 827 JI 783 846
JI 857877
J2 402 683
Re•trlrt*d fuDd•
47.884
28.931
J32.034
f78,793) (44,940)
8,951)
(2&951)
56,185
Cov¢Dty day ho￿1¢¢
132 034
12 782 602 11915 880
107 744
11965621
Totsl of
12 458 868
The majorlty of trwfm b¢twe¢n fimd6 ttpr¢sent the deBi8nation of project fuDds and the wnount ynt
been transf¢tt¢d to the de6igDAtsd fLKed ass￿ fim
A Iw phrt of the Iluxl• of th• Cbarlty are rwe*ited by tan￿￿le fixed a88ets (nwinly land
In the year e￿d 31 March 2001, the Th￿te¢8 Brt ￿lde £2.OIY).000 inan itivestinent l)md withth¢ aim of

THE MYTON HOSPICFS
(A eomyny Ilmit¢d by guarnttts•)
FOR THE YEAR ENDED 31 MARCH 2021
21 STATEM￿ OF FUNDS (¢ontlDv¢d)
tn theyeuended 31 MKth2014.the TnL8tee8tslgD￿ fimd8of£750.OOOtO 8e&4fdndanutnber of new
tn the year ended 31 March 2020, th¢ Tn￿ desi8DaloJ fund8 of £445,000. Th¢ fLuuI repr￿¢￿
Warvricklwl￿ The Tn￿￿3 bive an additional £425,IXX) illthe year ended 31 Mnrth 21721.
Pmjett fimd8
tlltheyearath13l March2021 th¢Thwt¢M fimds forth¢ followingwoj¢¢tsinotsto ¢n8we
the Hospi￿,& su#Ainthty ￿ to ¢xtend th¢rea¢h ofth¢ Hospi¢¢'8 8¢rvic¢8 to those whom arrenty do
l. A de8lgDated fund of £300011fy for the of 4 bels kn Warwkk IPU. Th¢ IPU ill
l A dedg￿￿ fund of £IOQO00 b propoKd for use on capltsl expend1¢￿ on repla¢¢m¢nt
equlpment and to mak¢ Improvements to the HO￿1¢¢1. Tr8e prOj￿ts bad prevAou8ly been
3. A de8lp*ted £5NOiIO for th¢ Inve#m¢nt in ￿pInding our 0orKrfeeo Iyond the
of fund8 will be a￿eed by the usual proce88 by being &￿eed by the board of1n￿ee&
4. A deglp8ted futtd of £IIWO for the Dlgltal Strategy Tr8noformadoD proJecL Thi8
prniect wlll reviewth¢ datab¢ldwithin the cwgaDisJtion andvAMt Ir 8olutiOD8 coum help with the
47

THE MYTON HOSPKCES
(A Ilmlted by guarant¢¢)
NOTES TO FJNAFICAL STATE￿&￿s
FOR ThE YEAR ENDED 31 MARCH 2021
21 STATEMENT OF FUNDS (tonthill￿j
5. A of£ioo,000 forluv¢ts¢Dt In n¢w Income Generallon opportunllles. Our
+1ozedb￿U8è of the risk involved in ￿endIng money th&t b¢ Bp¢llt on pati¢nt 8¢r¥I￿O,
6. The Board of Trn&tth4 have agr￿1 to d*nate£lm as a COVLD re￿Very We ate sthl
8¢t inth¢ p>lirywhith is due renewal at the July BoArd ￿ting (in 2020r21 the re8￿ beld
wae £2.5m).
DMigthJfiuth IIA23348 69J75 (102¥91) 4OIOA35 56V27 IU134
1440&￿ IOJ57MI IV14071) SW 5W7 14661748
13
19
Traurfers Gains/ 31 March
IAprll 2019 hcome Eypendltsn Wout lI￿S￿)
2020
11729,439
(649.559)
97&388
318
12.70J.827 11.783.840 (11.857.877)
76.835
12.782.662 11
003,486
13J35 (274.053) Jl.423.248
44.940 (274,053) 12,402,083
Jl 965 621

fund• Total tsnd8
2021
2021
2021
fAxeA assets
Ten￿ble fixed asscts
9U51
1701JS1
1701aS1
S117ffj03 191037 5J79,640
2020
2020
2020
97.014
7.961.448
2.686.380
3.412.302
175746
12.402 083
97.014
7.964.448
2.680.386
5&18J 3.468.487
1757467
J&J83 12 458 868
Tan￿ble fixed aBe¢ts

(A Company Ilmlted by guarAnt¢¢)
FOR THE YEAR ENDED 31 MARCE 2021
OPERATING ACTivrriES
Group
2020
2021
Net jnc0mdlry￿d1tllre) forthe year (a8 w StateDXllt ofFinancial
A¢tiviti¢s)
1397917
23.794)
591,374
(56002T)
274.053
(N732)
(89.079)
091
(422)
(7&150) fW2,188)
517.457
IL)s8 on disposal of tsttwl)k fixed
19.780
2JOI229
26.801
Group
2020
21
17
3.799a17
1.962.223
1,962,223
Slaff may opt to join ad¢filled (￿l￿￿￿tiOn pension 8ch¢n*. the of vknich are held sepAiatety from
betw¢#n2% And IIPA12020: 2% and IO%) of peDsiothlepay.
Stsff previowly employed by the Nation￿ He￿th servi￿ and who were member¥ of th¢ NHS
pension 8thm¢. However, the 8chem¢ is a multiple eEllployer th alld the gTQUP 18 UDabl¢ to Id￿tify
employ￿ worknng livey with th¢ clwity.
The 4llpioy¢Vs conthlnttion to the Sche￿ 18 I4.3￿ (2020: 14.38%) ofpenAotitible PAY.
The pensAOll Cost chw ￿p[￿titig eJnploy¢ts wntiibu¢ion8 to botb scbem4 amountcd to £434,795
(2020: £503219). Contsibutions totsllin8 £Ni] (202(P. £70.764) vKre plyable at the year aml and 8r¢

FOR THE YEARENDED 31 MAR￿
27.
2tr21
2020
Within l y¢ar
301759
349.409
557.699
2.034
909.142
Witbin l y¢&r
297.212
454,592
2.034
753.838
2020
100.610
1.374.914
895,850
1.383.916
Lll4796
251
770
51

(A company ]llldted by guarantse)
NOTES TO ThE Fll¥AF4CAL sTATEm￿s
FOR ThE YEAR ENDED 31 MARCK 2021
RELATED PARTY TRA￿s￿￿￿oNs (eonthlll￿D
was £nil (2020: £nil).
£1,094 (2020: £581).
total emplo)v bH￿fits of th¢ k¢ymaD88e￿pe[8l￿l of the ch￿lty vKre£fj39.561 {21)20: £609.458).
2021
2020
2021
2020
Flnaodal amets
2.618.886 3ffj79305
2.664.240
4J22J65
3.229.710
S002,126
2,332.478
Flnandal IlabJllde4
704a62
796.285
sn.241
710.681
Group
2020
2021
2020
69J57
83.486
69357
83.486
Nrt gain￿0￿8￿) on fiD•n￿ a&8ets
s6￿027
(274.053)
56V27
(274.053)
iJ57
6.193
ia57
6,193