Direclors'reporidndeoArolld0¢edfinrtn¢tslsthith￿￿ts Martln House (Limited by Guarantee) Trustee5' report and flnanclal statements Company registered number 02016332 Charity registration number 517919 For the year ended 30 April 2024 *ADEIISP6* 2511012024 COMPANIES HOUSE A25 #162 Company reAlstered number 02016332 1 For theyear Ended 30 Aprll 2024 Martin House ILimited ty Guarantee) Trustee< report and finaftcSal statemenis For the yeaf endeil 30 April 2014 Contents Trustees, Report Statement of Trustees, Responsibllltles Independent Auditor's Report to the Members of Martin House Consolidated Statement of Financlal Activities 18 19 23 8alance Sheets 24 Consolldètedcash Flowstatement 25 Notesto the Financial Statements 26 Charity re8bstratlon number 5179191 For theyear Ended 30Apfil 2024 Martifft House ILlmited by Guarantee) Trustees, reportandfinanclal Statements 30 April 2024 Trustees, Report The Trustees, who also act as Dlrertors for the purposes of company k7w, present thelr annual report and the audited financlal statements for the year ended 30 April 2024. OBJEcfivES AND AcfiviTiES The mlsslon of Martin House Is to help children and young people with a Ilfe-llmlting condition, along with thelr familie5, to Ilve well and fully, offering the best Posslble end of life care and support to the family in bereavement. Our vision isthat every child and young person ha5 acces5 to palliative care when and where they need It. Our core volues, which guide all we do, are: EXCELLENCE We will, wlth enthuslasm, dellver an outstandlng service. Always do5ng OLrr best. RESPEcf We value the qualities, diver51ty* abilities and feelln8s of others INTEGRITY We act wlth honesty, responsibility and trust COMPASSION We treat people with empathy and care All our servlces are free of char8e to the fam115es we care for. The CharltyComm1551on's general 8uidance on publlc benef It Is taken Into conslderatlon In all our reviews and plans. StrateElc Alms Our key strategic aims are to: Ensureservlcesare ofthe highest quallty, safety andeffectlveness Have the rlght resources to deliver care Raise awarene55 and reach more people Meetthe dlverse needs ofchlldren, young people, thelrfamiliesand sUPPOrters. Our current 5trateglc objectlves are set out inour StrateElc Plan 2019-24. Our achlevements and performance agalnst our 2023124 objectives are set out In the Strate8ic Report, below. The Build Thls year, Maitin House started our most ambitlous projert, narned "The Bulld" The Bulld contract was sl8ned and work started on slte In October 2023. By the end of 2025 our 37-year-old facilitle5 will be extensively improved and transformed to meet the changing needs of our increasln8ly complex servlce users. The Bulld is a £21.9 million project, whlch includes a brand-new chlldren's wing with larger, ensuite bedroomsto accommodate 5iiable pieces of medical equipment, with inlegrated hoisting and plped oxygen, themed famSly bedrooms, a large hydrotherapy pool, a new Education Centre, a comprehenslve refurbishment of exlstlng buildln8S to form a Wellbeing Wlng and updated young people's bedrooms and soclal spaces in the Teenage Wing. The year 23124 has seen 8reat proEres5 toward5 the signiflcant capital appeal fundraising target of £12m, whSch Is vital for The Build's ambitious plans to be reallsed. Charliy re8lStrailon number 5179191 Company reeistralion number 02016332 Martln Hau5e ILimtted by Guarantee) reportand flnandal statements 30Aprfl 2024 Adivlties To achleve our objectlves, we dellver hlghsuallty, hollstlc and specla115t p3lliatlve care services for chlldren and young people with life-limitlng conditions, and their familles, from dla£nosls to death and beyond. These include.. symptom management emergencycare end of life care speciallst planned care/short breaks communltytare (Inthe home and othercommunbtysettlny) bereavement care psycholo8Scal care and emotlonal support spiritual and pastoral tare a programme of cllnical research and educatk)n Mostof thèse services are delivered from a purpose-bullt hospice set Inslx acres of beautifvl grounds In Boston Spai near Wetherby In West Yorkshlre. The hosplce, the stC4nd chlldren's hosplce In Ihe UK at the tlme, was opened In 1987. Slnce then, It ha5 developed continuously in order to meet the chan8in8 needs and expectations of the chlldrenl youn8 people and thelr famllles who use our services. The h05plce has 9 beds In the House, whlch cares for the younger chldren, and 6 beds In Whltby Lodge, which cares for teenagers (from age 13) and young adults up to age 25. Thls was the first purpose.bulh teenage and young adult unlt In the UK Iposslbly the wortdl when It was bullt In 2002. In addltlon, there are 9 family bedrooms where parents and slblin85 can stay and 3 cooled bedrooms where chlldren and younB people can stay after death untll thelr funeral. Other facllities Include a chapel, sensory room, playroom, teenage and youn8 adult recreati(n area {the Den), recordlng Studio, art room, muslc room, educationlseminar foom and OLrtdoor p.layareas. Chlldren and young people can be referred, orself-refer, to Martln Hoiise ataDV polnt from dia8riosSs, between the ages of 0-19, if they have a life-limStlnB condition ard Ive in East, North or West Yorkshlre. Chlldren's palliatlve care encompasses the whole famlly anth wnllnues throughout the Ilfe of the chlld or young person up to a8e 25. and beyond for theSr family. STRATEGIC REPORT Achlevementsand Performance Palllatlve Care Durln8 the year to 30 April 2024.. we Cared for559 chlldren and yovng people; we recelved 140 new referrals, of which 121 were accepted; we accepted 107 new referrals for our bereavement service. and 513 hospital night stays were avoided throu8h our care Referrals are reviewed, using clear criteria and decislons are made during a weekly multi-dlsclpllnary panel. Declslons to not accept Teferrals are not taken Ilghtly and are usually based around Paflents not meeting criteria, such as age or a lack of palllatlve diagnosi5. Sadly, 81 of the children and young people we were caring for dled Inthe year to 30 Aprll 2024. Consistently over 90% of these children and young people died in thèlr preferred place of death, be It home, hospice or hospitsl. Many of these deaths away from the hosplce are supported by the Hosp1￿. Charity registfation number 5J7919 ICompHny reglslf8tlort number02016J12 Martln House ILlmlted by Guarantee) Trustees, report and fln￿nc￿l statements 30Aprll 2024 Our Cllnl¢al Servlces Team Martin House Is a regional centre for specialist paediatric palliative care. Our clinical servlce5 team con515t5 of specialist and experienced staff who can look after the children and young people staylnE at the hosplce and In the communlty. We act as a resource forother health services surroundln8 U5 in West, North and East Yorkshire and indeed nationally. We provide highly speclallst care and also support, advice and education to many professionals within Yorkshire and the Humber and beyond. We offer 2417 Speclallst paedlatrlc palliati¥e medicine. The senior medical team consists of three Consultants In Paedlatric PallSatlve Medicine {or)e of whom acts as our Chlef Medical Officer) and a Speclallst Doclor, In addltlon. there are part-time Speclalty Ooctors, and tO8ether they dellver a 2417 on-call rota. Martln House al￿ sUPPOrts speclalisl tralnees In Paedlatric Palllative Medicine, as well a5 Other tralnees, durln8 their rotations. Our doctors are avallable for querles/consultatlon/referrals twenty-fouf hours a day. seven days a week by telephoning Martin House. They provide specialist palllative care involvinE symptom control, end of life care, preferred place of death support and advance care plannln8. They are able to assist in breaklng bad news, dlfflcult declslon maklng and other ethlcal dlscusslons. The medlcal and clinlcal nurse specialists team regularly support hospital teams to provide specialist palliative care for in• patients across the re8ion. They also support children and young people in theiT own homes. The multi-dlsclpllnary team are hlghly trained and able to care for children wlth extremely cornplex care needs. Our team Includes doctors, nurses, ¢llnical nurse speciallsts, speclalist clinical educators, physlotheraplsts, a soclal worker, an applied psychologlst, muslc therapists, admlssions Ilalson nurses, cultural lialson offlcers, care support Staff, a spirftual care practltloner and counsellors. We look after chlldren and thelr famllles from as early as the antenatal perlod and contlnue to look after young people wlth Ilfe-Ilmltln8 condltlonsj partlcularly provldln8 valuable conllnulty durln8 the transltlon perlod where care Is transferred from paedlatrics to adult services. Care extends through the course of the Illne55 from diagn0515, to end of life. The upper aEe limit al Martin House is 2S. Our team take5 a lead In a number of local, natlonal and international 8roups includlng the Royal College of Paediatrics and Child Health Paediatrlc Palliatlve Medlclne Specialist Commlttee, Assoclation of Paedlatrlc Palllatlve Mediclne and the Children and Young People's Advance Care Plan Collaborative. We Work in partnership with national or8anisatlons, such as Together for Short Llves, In advocating for chlldren's and young people's palllatlve care. In addltlon, the team take an aclive role In pBl1Sative care educatlon and research, Includlng beln8 prlnclpal 51te Investl8ators for nalional studles. Hosplce al Home The Hospice at Home 5ervlce is a speclallst palliatlve care 5ervlce, delivered In the Communlty by doctors. nurses and clinical nurse 5peciali5ts. Thi5 means that children can receive speciallst palliative care In a place of their choosing. Symptom control, end of life care, advance care planning and time- crltlcal memory makin8 can be dellvered In the home envlronment, should that be the preferred place of care for the farnlly. End of Ilfe and urgent Care can be provided wlthin the family home, In conjunction with local care providers. The Hospice at Home team support hospitalteam5 With urgent discharge from hospltal to home for end-of-lile care if that15 the family's wish. Thi5 SUPPOrt helps ensure thorough and robust plannin8 to ensure the transfer happens safely and smoothly as well as in a tlmely manner. Charity re8isiration number 5179191 Company re8isiralion number 02016332 Martln Flouse (Llmlted by Guaran(eel Tiustees, ieport andfinanclal SLatements 30 Aprll 2024 Hospltal In-reach Members of our team In-reach Into hospltals withln the reglon, to support hospital teams in their delivery of palliative care. This include5: Doctors and Clinical Nurse Specialists; Advance care plannlng,. symptom control advlce; preferred place of death support; End of Llfe care support; support with dlfficult conversations; multi. disclpllnary team meelings,. signposting and staff supportlsupervislon,. support with care after death. Music therapi5t5 dellver sesslons In hospltals to improve family emperience and act as a resource for other healthcare staff. Our cooled bedrooms for care after death There are two addltional bedrooms withln Martin House, and one within Whitby Lodge which be cooled, and we also have blankets and mattresses whlch cool the body enablin8 a baby, child or young adult to remain at the hospice after Ihey have died. Parents and slblings can stay at the hospice as well, and It 8ives them the opportunity to navi8ate the process of sayln8 goodbye to thelr child or young person In their own time and in thelr own way. Families have often said how precious It wa5 lo be able to spend this klnd of tlme wlth thelr chlld, when they are also confronted wlth the demands of makin8 funeral arrangements and resumln8 some of the actlv5ties of dally life. CIIDl¢al Eduutlon Martin House is committed to promoting a culture of learnln8 and development. We conduct a learnln8 needs analysls on our team every year and plan the yearfs educatlon based on Its findln85. We have embedded exteinally validated competencles across all a￿a5 of care, ensuring we meet the complex needs of the chlldren and youn8 people we support. We are commltted to developingour contributionto palliative careeducation outslde Martin House and bulldlng relatlonshlps wlth stakeholders Includlng nelghbourln8 hospkes, mmmunlty teams, other NHS provider or8anisations. and universities Ihroughout the region. We promote Martin House a5 a learnlng envlronment for profe551onal student placements. As part of our commitment to developing the specialty of paedlatrlc palllative rnediclne, we have contlnued to support Irainee paedlatrlclans based at Martln House and speclalist trainees in Paedlatrlc Palliative Medicine. We encourage medical, nursin8 and allled health student placements. F3mlly Support Team The care we provide at Martln House Is hollstlc and thls Is underplnrbed by the work of our family support team. Cllnical psychologlsts, an advanced famlly support arbd wellbein8 practitioner, bereavement counsellors, a spiritual care practitioner, muslc therapists, an artist-in residence, family support practltlonÈr5, a transltion support practltloner and a play and actlvlty co-ordlnator ensure that care is about more Ihan Just the clinical. Our wider team are also skilled at providing holistlc support. Bereavement team The bereavement team offer5 SUPPQrt to families who have lost a child or young person under any clrcumstances, Includlng those who had Ilfe-limitln8 condltion5 and children who died suddenly. This Is a resource that families can make use of in a wide variety of way5. We offer individual or famlly meetlngs, face toface, overthe telephoneor remote 5UPPQrt. Support Is family-centred and iailored to individual need. In additlon to Indlvldual sesslons there are groups for bereaved parent5, grandparents and siblings. Charlly fegislratlon number5179191 Company re8lstratton number02016332 Ma￿￿ House ILlmlted by Guarantee} Trustee< report and financial statements 30 April 2024 Research Martin House Is a leadln8 research active or8anlsation In the field of pa115atlve care for chlldren and young people. Specifically, this entail5: contributing to the national and internatlonal research base on palliaiive care developin8 and maintaining Strong Collaboratlve Ilnks wlth the wlder academlc and palliative care communltle5 identifying and supportingappropriate areas of research. developing research awareness and capability wlthin staff informin& where appropriate, the strateglc development of Martln House People & Resource5 The People team have made significant strides in various areas enhancing both employee expeTSence and organlsatlonal culture. collectively providing tontinuous irnprovement and inclusivity. These Include achlevln8 Menopause Fiiendly Accreditatlon and dernonstratlng commltment to supporting staff Impacted by the Menopause. It also involves developln8 a new recruitment module in the new HR system to streamline the hlring process and impToving both candidate and management experieno, developing new values (EXCELLENCE, RESPECT. INTEGRITY and COMPASSION) and a behavioural framework, fosterln£ a more cohesfve and values driven work envlronmenL successfully reducln8 Staff sickne$5 throu8h new processes, Introducln8 new policles, supportlng consultatlons and employee relatlon cases and revarnping the volunteer forum and processes. ensuring better engagement and sUPPOrt inltiatives. ICT l Dlgltal l Data Thls year has focused heavlly on replacement of old cllent server based legacy systems, movin8 these to modern Saas (Software as a Servlcel based systems. The bu51nes5 Systems that are belng replaced / Introduced Include, the HR system (Natural HR), the Finance System (Iplicit), the Customer Relatlonship Mana8ement system {81ackbaud NXT), the retail Electronlc Polnt Of Sale system {Azurrll, the Payroll system Imoorepay), the Incldent Managernent system (OfficeLab51 and a new Computer Aided Facilities Management System (Concerto). We completed our penetration test this year, with zero critlcal, high or medium risks. We also continue to meet the NHS Data Security and Protection Toolklt standards, demonstrating our compliance with the stiln8ent data handlin8 requirements of the NHS. Estates The most slgnlficant development In the year has, without doubt, been the commencement of our long èntlclpated Build project which, having galned planning approval In late 2020, will see the hosplce site be transformed. AIDngslde The Build, the Estates team havecontlnuedwlththe on8oln8 programme of malntenance at the hosp5ce to ensure our accommodatlon for thlldren and familles Is safe, cornfortable and appeallng untll phase l of The 8ulld Is handed over dvring FY 24125. The team has also supported retail to deliver its maintenance plan. We have procured a new ComputerAlded Facllltles Management systern to support acrossthe estate totie in with The Bulld, charity registration number 5179191Company re8btration number02016332 Martln House {Llmlted by Guarantee) Trusiee< reportand nnanelal statements 30 Aprll 2024 Health & Safety Martin House is commltted to managing, monitorln8 and reviewin8 safety. health and environmental {SHE) information to aid continual improvement. The team have continued to build on our practices throughout the year. The Health. Safety• Wellbeing and Environmental (HSWE) Group ha5 contlnued to play an Important part In developlng the health & safety agenda and embeddlng thls across Martln House. The Broup have also contributed to the annual Internal audii programme. A review of a number of pollcSe51 procedures and rlsk a5sessmÈnts has also been undertaken and support provided to teams wlth the development of safe systems of work. Fundralsln8 It has been a busy year for fundralsln& plannlng for the publlc appeal and dellverlng our prlvate phase strategy whllst ensurlng all core campalgns are dellvereé effectlvely and are maxlmlsed to Benerate as much Income a5 posslble. We stlll wltness some impacl from Ihe cost-of.Ilvln8 crlsls; evidenced In a drop In avera8e donatlon rate whlch seems to be conslstent a¢ross the se¢tor. The team has worked tlrelÈssly to dellver our ambltious alms. The annual 'core' operating income has been stronL partitulartyconsidering the climate combined wlth our appeal. We have seen stron8 results from our partnershlp team, hu8ely bo05ted by the Together for Short Lives network and the Morrlsons partnershlp. Our reglonal team has delNered great resulls with the help of our loyal supporters across the region. We delivered a stron6 pro8ramme of events and the lottery has exceeded our expectatlons for the year. However, the Incomewe have recehved from le8a¢ies has been belowavera8ethlsyearand has meantour8rovrth was not as high as expected. We once agaln dellvered a robust Chrlstmas campal8n, Includln8 our dlrect mall sharln8 an Èmotlonal story ofone of our famlly's experlences at Martln House, whlch was well recelved across the region and generated sl8nlflcant awareness, engagement and Income. The contlnued support of all donors, supporters and volunteers Is hugely appreciated. We simply could nol achieve ourfinancial and non-flnanclal alms wlthout such loyal and generous support. Fundralslng standards and compllance Martin House is a well-respected regional charity that is very much part of the communltie5 we Serve. aiming to deliver high standard5 in everythirbg we do, be this in the care we provide or In our lundralsln8 actlvltles. We strlve to achieve the hi8hest fundralsin8 Standards and we value our wonderful supporters. We expect our fundraSsln8 team lo acr honestly and with integrity at all tlmes and to ensure we remaSn compliant wlth all the laws and guldellnes that 8overn us. We want to insplre trust In our supporters and ensure that all supporters have an excellent experience when donating to Martln House. We stay up to date wtth developments In charlty regulation, data protertion and the FuDdraisln8 Preference Service (FPS) to make sure we are le8ally compliant and adhering to all Euidelines. Our fundraiser5 also follow the Institute of Fundraising's Code of Piactice and we are re8iStered with the Fundraislng Regulator. We take our supporters, data veryserlously and we collect and process data in accordance wlth the Data Protectlon Act 2018 and the General Data Protectlon Re8ulatlon, We do not pass our supporters, detalls to any other charity or or£anlsation for their marketing purposes, Any external groups actin8on our behalf have to Si8n an ègrepment confirming that they will process all our data properly and maintain conf identlallty. Charity re8ls¢ration number 5179191 Cornpany re8lstritlon Aurr*w 02016332 Martir* Hovse Iumlied by GuarantéÈl Trustee< report and flnan¢ial statements 30 April 2024 We take appropriate physical, electronlc and managerial measures lo ensure we keep supporters, information secure, accurate and up lo date and we only keep It as lon8 as Is reasonable and necessary. Incorne Generatlon Complaint$ We work hard to ensure that we deliver a high-quality service to our supporters but we may not always get it right. If thls happens, we would Ilke to hear about It as soon as possible so we tan resolve the problem. If, after this, a supporter feÈls as though the Issue has not been resolved then they may make a complalnt. Details of how to complain are Ilsted on our website. In the last year we have received 4 complaints relating to fundraising and lottery activlty. These have all been resolved In line wlth our policy. Retall Our shops have had a strong year, exceedln8 our annual target. Our Furnlture Warehouse peiformed incredibly well and all other shops delivered against their targets. It Is thanks to our loyal Customers and donors that we are able 10 See such 8reat success In oui shops. M•rketln8 •nd Communl¢atlons We have a new team structure In Marketing and Communication5 Ind welcomed the team into the Income Generatlon Dlrertorate. The focus has been to revlew and align the team and build strong rellable relations wlth key Internal departments, such as Fundralsin& Care and our People Team. We have also reviewed our dl8ltal capacity and continue to grow our dlgltal reach. Fln4n¢ial revlew Prln¢lpal sources of Income Our prlncipal sources of Income are statutory fundin& Investment Income. Income from our shops and, byfar the lar8est source, fundralsln8 from the public. We are rellant upon fundraisln8 from the public to fund the laroe majority of our annual runnlng Costs. Thls fundlng comes to Martin House as donations, le8acies, and profits made in our shops, We contlnue to be overwhelmed by the generosity of the publlc In sUPPOrtin8 U5 In our charitable objectlves. Grant fundinBfrom the NHSlntegrated Care Boards and NHS Englandtowardsthe costofour serllce provision covered around 26% of our expenditure on charitable activitie5 and represents 14% 01 our total income. Result for the year eratin The underlying result for 'core' operatlng income and expendlture for the hospice was a deficlt of £1.4rn in the year. This wa5 a larger deficit than we had anticipated in our orlglnal budget for the vear and was largely as a result of a contlnued difflcult fundraising environment, further infrastructure development and inflationary pre55ures for much of the year. Our expendlture Ilne Includes an'exceptlonal, item of £0.7m In relatlon to a flxed asset Impairment charge in the year. This is for flxed asseis whlch are to be disposed of durin8 FY 24125 as a result of The Build project and which have therefore had thelr usable life revised down to under 12 month5. Ca Ital A eal Result The overall result showing In the accounts for the year is, however, a Surplus of £2,941,198. M05t signlficantly in the year, The Build capltal appeal raised in excess of £4.5m olvaluable funds towards the project whlch will improve and modernise the premlse5 over the coming two years. Income raised from the appeal is the ultimate reason behind our surplus position for the year and we are enormously grateful to those who have supported our appeal so far. chailtyre8islration number $179191 Cornpany fe81stration number 02016332 Martln House Iumlted by Guarantee} Trustees, ieport and flnandal Statements 30 April 2024 Flnanclal Pl f rtheF The result for the year also follows significant efforts by the income generation team to adapt our ways of fundraising in the face of a continued challenging environment and to ensure 'core' income is still pripritised alongside the efforts for the capltal appeal. Our flnanclal position has been managed carefijlly for over 37 years, allowlng us to bulld reserves. We are fortunate that these reserves are currently providin8 US with some security and stabillty and are belng used In part to fund The Bulld project. To 5UPPOrt our planned investment, the Trustees agreed a short-tem financial plan that would see some annual deficlt5 for'core, Income and expenditure incurred for a few years, to be funded from our reserves, before relurnin8 to break-even. The accounts therefore Indude a combined desl8natlon of reserves of £12.5m to cover both our contrlbutlon towards The Bulld and anticipated deficlts. We are acutely aware, however, that the level of free reserves Ihal we hold will decrease in Ilne with our investment in the Build project and our need to carefully manage budgets and our balance5heet Posltion oncethe Capital appeal has ended and ourincomerevertsto belnggenerated from 'core' actfvity alone. The Trustees believe that above strateyi to designale funds 5$ a good and approprlate use of our reserves and are confldent that we wlll remaln flnanclally sustalnable and able to support children and famllies in the longer term. Allocating funds to the Build and short-term deficlt budgets Is necessary to ensure that we continue to invest in our infrastructure and Improve our services to chlldren and young people. Financial posltlon The Balance Sheel shows tolal fund5 at 30 Apill 2024 of £26,540,501. Unre5trlrted funds Ilncluding both designated and general funds) are represented by tangible fixed assets of £6,796,396, Investments of £17,378,215 and net current assets of £950,791, The tangible fixed a55et balance has Increased s18nlflrantly In the year a5 a result of payment5 to our maln contrartor and the desi8n team engaged on The Build project. Thèse payments have been capltalSsed as Assets Under Construction whlch wlll start to depreciate as each of the phases of the project are completed and we take occupatlon. Reserves statem•nt ro Martin House make5 a long-term commltment to those families that depend on Its servlces and needs to provlde a rellable and consistent servlce beyond the Immediate future. The Trustee5 re¢o8nlse that unrestricted reserves are necessary to secure fulure sefvlce5, meel unexpected expenses, absorb setbacksand take advantage of change and opportunltles lordevelopment whe they arlse. The Trustees reco8nlse that much of the organlsatlon's Incorne Is uncertaln and susceptible to flurtuations beyond Its control. The Trustees are also mlndful of the Charlty Commlsslon's 8uldance on Charlty reserves: bulldlng resilience (updated 14 June 2023} Having assessed these risks, the Trustees, alm Is to build and maintaln a financial cushion a8ainst the uncertalntiesthat affert ouroperatSng envlfonment whllst also8eneratln8 income to helpmeet core running Costs (care, fundralsin& admlnislratlon and governancel. ar et reserves level- one earfs core ru costs The Trustees consider that one year's core running costs, antlclpated to be approxlmately £10.8m by 2025, would provide appropriate security against such uncertalnties. Charity re8istf4tion nvmber 5179191 Company reeislratrvn number 02016332 io M3rtln House ILlmlted by Gvafanteel Trustees, report and flnanclal ￿aternents 30April 2024 t Minimum reserves level - six months, core ru nin The Trustees recognlse that the target of orbe yearfs core runnlng Costs may not always be achievable. They consider that a minimum of 51x rnonth5' core running COSt$ should be malntalned {whilst recognising that they cannot control the organlsation's income, so cannot 8uarantee that the minimum will always be achieved). That 15 especially relevant at present because: We are currently engaged In an extenslve refurbishment and new-bulld pro8ramme (Yhe Build"), at an estimated total cost of £21,900,000. Most elements of the contract prlce are flxed, but there will be some fluctuations. The cost of The Build is belng met partly from reserves and partly from a substantial capital fundraising appeal. The precise amount of reserves requlred wlll depend upon the amount ralsed from that appeal. In addltlon, our annual bud8et In recent years has anticipated modest operating deficlts, takSn8 account of uncertalntles of operatlns Income. J ftese￿es at 30 A ri12024 At 30 Aprll 2024, our free reserves. Includln8 investment funds not deslgnated for a partlcular purpose, were £5,829,006 lafter deducting a tombined designation of £12.5m for funds commltted to both The Build project and short-temi future deflcit bud8etsl. Whi15t th15 level of free re5eprfe5 repre5ent5 less than a yearfs core runnlng costs, It Is In Ilne wlth our requlred minimum of 6 months, core runnlnE costs. Ofthe reserve5 held at any8lven tlme. the Trustees conslder thata mlnlmum of three months, core running costs should be held in cash andlor short-term investment assets capable of converslon Into cash within 14 days, to enable steady cash flow management. Income enerated b reserves Over the years, the Trustees have been able to Invest surplus Iree reserve5 In an Investment portfollo, to provlde lon8-term commllment and support to the families dependent on Martin House. The annual Income generated by the PDrtfollo makes a valuable contrlbutiDn to our annual running Costs. The majorlty of our free re5erves15 currently Snve5ted, The Trustees acknowledge and intend that the portfollo wlll reduce to help to fund both The 8ulld and bud8èted operatlng deflclts. Future bud8ets will take into accounl the reduction In Income arisln8 from the portfolio. Investment Policv The Trustees, investment pollcy Is to produce the best financlal retufn wlthin an acceptable level of risk. The investment obSectlve Is to generate a total return ln exce55 of Inflatlon over the long term whllst generatlng an Income to support on-golng activities. The Trustees recognise that they have a duty to ccnslder the extent to which x)cial. environmental or ethlcal conslderations are taken into account In the selection, retention and reali5ation of Investments. At present, no Investment restrictlon5 are placed on the Inveslment managers, Brewln Dolphin, who manage the Investment portfollo on a discretionary basls and the gllt portfolio on an executlon only basls. Analysis is provided to Trustees to inform on all aspects of the environmental, soclal and corporate governance characterlstlcs of our portfollos. Charityreglstration nwnber 5179191 Company re8lstfation number 02016332 Martln Hovse (Lirnited by Guaranteel Trv5tee$' report and fbnanc431 statements 30April 2024 In order to meet the medlum-term cashflow requlrements of the strateglc plan, Martln House currently has two investment portfoli05. The 'long term, portfollo is Invested to mitlBate the risk of Inflation over the long term (10 years or morel. with a moderate investment risk. The exe¢ution- only gllt portfollo contalns funds whlch the hosplce has designated for The Bulld project and future short-term deficit budgets. This portfolio offers a very low risk profile with an almost guaranteed return. For the year ended 30 April 2024, the long-tem portfolio generated a total return of +9.24% compared to the MSCI WMA Balanced Index total return of +10.22%. Up until its closure on 26 March 2024, the medium-term portfolio 8enerated a total return of+5.16% compared to the MSCI WMA Conseriative Index total return of +8.08%. Durlng the year, è gilt portfolio was opened, and this currently holds a UK Bovernment gilt which will relurn approximately 5,05% when held to malurity. In addltion, the 811¢ portfollo holds monles In a cash fund whl¢h ylelds a varlable rate of 5.25% per annum. 2019-24 Strate8lc Plan Followlng the end of our prevlous Strate8lc Plan for 2015-18, the tearn at Martln House created a new and ambitious 2019-24 Strategic Plan. This plan was adopted and approved by the Board of Trustees In January 2019. The key strateglc aims of the new strategy are; Ensure ser4ices are of the hlghest quallty, safety and effectlveness Have thè right resources to deliver care Raise awareness and reach more people Meet the diveise needs ofchildren. youn8 people, thelrfamlllesand supporters The Strateglc Plan 15 SUPPOrted by three DSreclorate Plans: Care Dlrettorate Plarl Income Generatlon Dlrectorate Plan Corporate Services Directorale Plan These Dlrectorate Plans set out the objectlves Ihat wlll ensure that our key strate8lc alms are achleved. Each year durln8 the 2019-24 strategic plan perlod, an annual Operatlonal Plan Is produced that ensures that we work towards achlevlnB our overall strategic objectives. A new strate8lc plan Is now In development. Prlncipal rlsks and uncertalntles The major ri5k5 to which Martin House is exposed and the systems in place to mitl8ate those rlsks are set out In the Strategic risk re8lSter. Th1515 reviewed monthly by the StrategSc Leadershlp Team and quarterly by the Finance and Resource5 Committee. The Clinical Effectiveness Committee revlews a more delalled operational risk re8ister at each meetin8 to review cllnical risks. The strateglc rlsk reglster is Included In the Board papers for every meetlng of Truslees. The Trustees believe there is an effective system of risk management in place and that all major risks are bein8 rnitl8ated sat15factorily. Charlty re8lstratlon number 5179191 Compèny re8lstration number 02016332 12 Martin House ILlmlied by Guaranleel Trustee< report and financial st)lements 30ApTiI 2024 5TRucfuRE, GOVERNANCE AND MANAGEMENT Structure and Governln8 Documents Martin House Is a registered charity and a company limited by guarantee. The company was Incorporated on l May 1986 and registered a5 a charlty on 28 April 1987. It 15 governed by a Memorandum and Artlcles of Association, whlch were amended at an EGM on 21 July 2016, followln8 a comprehensive revlew by the Trustees. The charity has a wholly-owned subsidiary, Martln House (Shops) Limired, whlch Ss Incorporated In the UK and registered In England IcoTnpany number 2166209). The Board of Trustees acts collectively and Is responslble for the overall phllosophy and strateglc direction of Martin House and ensuring that the charlty is solvent, well-run, acts within its 8oveinin8 document and other relevant legislation. The Board meets at least quarterly and delegates the general management and operational activities of the hospice to theStfate8ic Leadershlp Team, via the Chlef Executlve. The Board has a Scheme of Deleeatlon, whlch sets out whlch of Its powers may be dele8ated and to whom, This is reviewed regularly and revised as appropriate. The Board Is supported by a number of commlttees and workin8 8roups, each of whlch ha5 clear terms of reference: The Flnance and Resources Cornmlttee exerclses overslghtof Martln House'sfinances, including Its Systems of flnanclal control and risk management, budgets and accounts, capital expenditure and the mana8ement of Its Investments and cash resources. The Committee also reviews the results ofthe annual statutory audlt and overseesthe conduct and appolntment ofour auditors. The Commlttee Is also responsible for employee remuneratton, terms and condltions and approprlate pollcles and practlces. The Clinlcal Effectlveness Commlttee provldes assurance to the Board that Martln House has a robusl framework for the manaBement of cllnlcal systems and processes and that cllnlcal care Is patlentlserilce user-centered. safe, of hl8h quallty, evldence based, approprlate and provldes good outc¢mes, The Committee is also responsible for appropriate policies and piactices. The Bulld Project Board . establlshed in 2020 to oversee The Build proJert and advlse Ihe Board of Trustees In relatlon to the project. Charlty Governance Cod• The Charlty Governance Code for Larger Charitles was publlshed by the Charity Commission in July 2017, Th15 Qjde 15 de518ned as a tool tQ 5UPPQrt contlnuou5 Improvement. Compliance is not mandatowy- Iru5tee5 are encoura8ed to meet the prlnclples and outcomes of the Code by elther applying the recommended practlce or explalnlng what they have done Inste4d or why they have not applied it. Charity boards that are using this Code effectlvely will resularty revisit and reflÈct on the Code's princlples. Martln House Is commltted to complyin8 wlth best practice In relation tO8overnance. Trusteeshave performed a full self-assessment of compllance agalnst the seven principles included wiihin the Code. The charlty conslders that it Is compliant with the Code. Seven Trustees, Jenny Wilkinson, Stephen Plews, Zoe Donaldson, Tim Ha15tead, Mike Mllllngton, Jenny Slee and Rifhat Malik, have served on the Board of Martin House for more than nlne years. Thelrreappointment has been sublectto rlgorous revlew in accordancewlththe CharityGovernance Code (5.7,41. There Is a Trustee successlon plan In place to ensure that there is an appropriate balance of experience of Martin House galned over many year5 and the need for progressive refreshin8 of the Board. In accordance with the requirements of the Charity Governance Code, the h05pice mainta5ns register ol Trustee and senior staff Interests. The followin8 interests have been declared by Trustees and senlor staff: Charity reBi5tration number 5179191 Company r￿lSt13t[0n number02016332 13 Martln House ILlmiied by Guarantee) Trusiees. repc+rt and financial statements 30April 2024 Trustees Name Zoe Donaldson Declaratlon{s) Deputy Director for NHS England Husband is a GP ir• the locality Director and Chlef Operatlng Officer of Swltalskls Sollcltors Limlted Director of Martin House (Shops) Llmlted TIM Halstead Rifhat Malik MBE Patricla McKinney Mike Mlllington Stephen Plews Gordon Singer Jenny 51ee Tim Straughan Nll Governor at the Kln8 David Hi8h School, Manchester Group Director ofNHSEngland Director of Spectrum CIC Dlrector of Martln House (Shops) Llmlted Dlrector of Citiione Ltd Dlrector of Martin House (Shops) Llmlted Jenny Wilkinson Jayne Prlce Shiela Puri Member of Keepthe NHS Public Volunteer lof Doctors of the World Husband Is a surgeon at Yorkshire Cllnlc Senlor Staff Name Declaratlonlsl lair Holdsworth Rebecca Wynne ictoria Green5mith Nll ntolnette Stewart Lindsey Fellowes-Freeman Our Trustees Trustees, who are also Olrectors, are the members of the charitable companyi the equlty being limited by guarantee and therefore havin8 no share capital. As at 30 April 2024, Martln House has 12 Trustees. The Trustees retlrlng by rotatlon at the next annual Trustees, meelln8 are Zoe Donaldson, Jenny Slee, Gordon SinEer and Mike Millln8ton. The power ol appolntmenl rests with the members of the Board, Char(Iy 1¢8lslrallon number $17919 Icompany reilstraiSon number02016332 Martln House Illmlted by Guèrantetrl TrustÈes' report and flnancial ￿aternents 30 Aprll 2024 All the Trustees glve thelr tlme voluntarlly and receive no benefits from the charlty. Any expenses reclalmed from the charity are set out in note 8 to the financial statements. The Trustees who served durlng 2023124 are: Zoe Donaldson Member ofthe Cllnlcal Effertlveness Commlttee IResl8ned 25th Aprll 2024 Chalr of the Board of Trustees Member Dfthe Finance and ResOur￿scoMrnlttee Memberofthe Clinical Effectiveness Committee IResl8ned 25th Aprll 20241 Member ofthe Cllnlcal Effectlveness Commltlee Memberofthe FInaTh￿and Resourcescomrnittee Memberofthe Flnance and Resources Committee Member ofthe Flnance and Resources Commlttee Vice ChaSr of the Board of Trustees Member ofthe Cllnlc41 Effectlveness Commlttee Chalr of the Finance and Re50urce5 Commlttee Memberofthe Clinlcal Effectiveness Committee (Reslgned 10th October 20241 Vlce Chair of the Clinical Effectlveness Committee Chairofthe Clinical Effediveness Committee Timothyj Halstead LL8 Rifhal Malik MBE Professor Patrlcla McKlnney Mlchael millin￿On Bst Hons MBA Stephen A Plews Gordon Sln8er Jenny Slee (Cromackl LLB Tim Straughan Jennlfer Wilklnson Professor Jayne Prlce Dr Shlela Puri Non.Trustees servln8 on Board Committees durln8 2023124 were: Nick Lane Fox, Member ofthe Finance and Resources Commlttte Our People Martln Hcuse employs 202 staff {168.81 FTE>. The Chlef Executlve, who 15 appolnted by and accountable to the 8oard, Is fesponslble for the operation of Martin House and leads a Strateglc Leadershlp Team. In 2023124 this cornprised: Clalr Holdsworth- Compary Secretary and Chlef Executlve Rebecca Wynne - Dlrector of Income Generatlon Victorla Greensmlth- Director of Clinlcal Serilces Antolnette Bell- Dlrectorof People and Resources Lindsey Fellowe5-Freeman- Oirectof Df Flnance and Corporate Govemance The Strate8lc Leader5hlp Tearn lead the following directorates: rectorate. Thls consisls of: the care team, whlch delivers the care and support to chSldren, youn8 people and thelr famllles the medlcal team, whlch provldes consultant and doctor led medical care to children• youn8 people and their families ources D the facilltles team, who maintain and develop the bulldlngsl Brounds and equlpment • the ITteam, who malntain and developthe IT hardware and 50ftware the people team, who lead on HR policy and advice, learning and development and volunteer development the finance and adminlstratlon team, who ensure the efficient and smooth running of the organisation Charlty reeistratlon number5179191Company reg15tratbn number 02016332 15 Martln House (Limited by Guaranteel Trustees. report and flnancial statemenls 30Aprll 2024 c the Incame Generatlon Dlrectorate. Thls consists of.. the fundralslngteam, who raise the voluntary income required to delNerouw services • the retailteam, who rnanaEe and developour 12 5hop5 and other retail operations the marketin8 and communication team Volunteers Martin House15 5UPPOrted by over 280 registered volunteers and 120 supportervolunteers In a ran8e of roles that enhance our work across the organisation. Thls Include5 our Stalwart team5 of retall volunteers, admlnlstralive and rnalnten?nce 5UPPOrt volunteers at the h05plce, and communlty.focused representatlon such as Frlends, groups and ambassadors, Our Trustees are also all volunteers. Remuneratlon Pollry Remuneration of the CEO and members of the Strate8lc Leadership Team ISLn is determirtÈd by the Board of Tru5tee5, whSch delegates responslblllty for recommendlnB SLT salarles to the Flnance and Resources Committee {FRC). The FRC Is also responslble for determinlng and recommendlng to the Board the policy for remuneratlon and reward of employees at Martin House, the pay Structure for all employees and the level of any annual cost of living Increase, taklng Into account appropriate benchmark5 (including NHS rates for cllnlcal staff and the CronerlHospice UK annual hospice reward5 survey) and prevalllng inflatSon rates. In addllion, the FRC is responsible for monltorin8 the effectiveness of all remuneratlon, terms and condltlons and pollcies and keep5n8 them under appropriate revlew. Ambassadors Ambassadors do not have any formal role in the governance of the charlly but asslst by extendln our reach and ralsln8 our profile. In the year 23124 the followlng acted as Ambassadors,. Gareth South8ate 08E: En8land Men's Natlonal Football Team Mana8er and ex-professional footballer ChristineTalbot: TV presenter and broadcaster Duncan Wood: rv presenter and broadcaster We are thankful fortheircontinued and generoussupport of Martln House. Legal and Admlnistratlve Infomiatlon Charity name: Charity registration number: Martln House 517919 Company regI5tratlon number. 02016332 ReEistered office and operational address: Grove Road, 805ton Spa, Wetherby, LS23 6rx 5ubsldlary Undertakln8 Companyname: Company registration number: Martin House {Shops1 Ltd 02166209 Charfjtyfegisiralion number 5179191Company reiistfation number 02016332 16 Martln House (Llmlted by Guarantee) Trustees. reportaThl Ilnan¢lal 5talemEnts 30AprS12024 The principal activities of the trading subsldlary are the sale of bou8ht goods and goods sold as agent, The subsidiary has performed satisfartorily during the year, and all profits generated are donated to Martin House. Advlsors Auditor: Azets Audit Services Limited, Chartered Accountants, Triune Court, Monks Cross Drive, York Y032, 9GZ Investment Managers: Brewin Dolphln, Iowelllngton Place. Leeds LSI 4AN Prlnclpal 8ankers: Barclays Bank PIC 25James Street, Harrogale HGI IQX Audltor: In accordance wlth s487(21 of the Companles Act 2006, the auditor, Azets Audit Servlce5 Llmlted is deemed reappolnted annually. The Trustees, In thelr capaclty a5 Dlrectors, hereby approve the Trustees, Annual Report and the Incorporated Strateglc Report. Tlmothy J Halstead Chalr Date: 10,10, L4- Charity re8lslf3tion number5179191 Company rè8lstration number 02016332 17 Martln House liirnited by Guarantee) Trusiees, report and flnonclal statement5 30AprS12024 Statement of Trustees, Responslbllities in Respect of the Trustees, Report and the Flnancial Statements TheTrustees (who are also directors of Martin House for the purposes ofcompany lawl are responsiblefor preparing the Trustees, Annual Report and the financial Statements in accordance with applicable law and Unlted Klngdom Accountln8 Standards Iunlted Klngdom Generally Accepted Accountlng Practlcel, Company law requires the Trustees to prepare flnanclal statements for each financial year, which give a true and falr vlew of the slate of affalrs of the charltable company and the group and of the incomin8 resources and application of resources, includine the income and expenditure, of the charitable Eroup for thai perlod. In preparing these financial statements, the Trustees are requlTed to: select sultable accounting policies and then apply them ¢on5iStently' obseNe the methods and prlnciples In the Charitles SORP,. makejud8ments and estimatesthat are reasonable and prudent. state whether applicable UK Accounting Standard5 have been followed, 5ubJect to any materlal departures disclosed and explained In the flnanclal statements; and prepare the flnanclal statements on the 8oln8 concem ba515 unle55 it15 Inapproprlate to presume that the charltable company will continue In buslness. The Trustees are responslble for keepln8 proper accountln8 records that dlsclose wlth reasonable accuraty al any time the financial position of the charltable company and enable thern to ensure that the fsnancial statements comply with the Companles Act 2006. They are a150 responsible for safeguardlng the assets of the charStable company and the 8roup and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularlties. In so far a5 the Trustees are aware: there Is no relevant audit information of which the charitable company's audltor is unaware; and the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establlsh that the auditor is aware of that information. The Trustees are responsSble ftsr the malntenance and inte8rity of Ihe corporate and flnanclal informatlon included on Ihe charltable company's website. LeEisl3tlon in the United Klngdom 8overning the preparation and dlsseminatlon of financial statement5 may differ from leglslalion In other jurisdictions. Charity reBi5tration number 517919ICompBny re8lstration number 02016332 Martén Hotssé ILimSted by Guarantee) Trvstee< repor¢ and financial staternents 30 April 2024 Independent Audltorfs Report to the Members of Martln House Oplnlon We have audited the financial statements of Martin House {the "parent ¢harit¢l and Its subsldlary (the '8roup") for the year ended 30 April 2024 whlch comprlse the consolidated statement of financlal actSvltSe5, the company and consolidated balance sheets, the Consolidated cash flow slatement and notes to the flnanclal statements. including significant accounling policies. The Ilnanclal reportln8 framework that has been applied in their preparation is applicable law and United Kingdom Accountlng Standards, including Financial Reporting Standard 102: The Financial Reporting Standaid applicable in the UK and Republic of Ireland Iunlted Klngdom Generally Accepted Accountin8 Practlcel. In our oplnion. the flnanclal statements: give a true and fairview of the state ofthe group's and the parent charltable cOmpan￿S affalrs as al 30 April 2024 and of its income and expenditure for the year then ended,. have been properly prepared accordance w5th Unlted Kingdom Generally Accepted Accountln8 Practice; and have been prepared in accordance wlth the requirements ofthe Companle5 Act 2006. Basls for oplnlon We conducted our audlt In accordance wlth Internatlonal Standards on Auditlng IUK) {ISAs IUKII and appllcable law. Our rÈspon51bllltles under those standards afe further described in the Auditorfs responslbilitles for the audit of the financial statements section of our report. We are independent of the group and parent charitable company In accordance wlth the ethlcal requlrernents that ale relevant to our audlt of the financlal statements In the UK, Includlns thè FRC'S Ethlcal Standard, and we have fulfilled our other ethlcal responslbllities In accordance wlth these requlrements. We belleve that the audlt evlden we have obtalned Is sufflcient and approprlate to provlde a bas15 for our oplnS0n. Conclu5ion5 relatlng to8olni ¢onceTn In auditln8 the financial statements, we have concluded that the Trustees, use of the 8oln8 concern basls of accountlng In the preparatlon of the flnanclal statements Is approprlate. Based on the work we have perfomed, we have not identified any rnaterial uncertainties relating to events or condStlons that, Indlvldually or collectlvely, may cast significant doubt on both the group's and the parent charltable companls abllity to continue as a golng concern for a period of at least twelve months from when the flnanclal statements are authorlsed for Issue. Our responslbllltles and the responsibilities of the Trustees wlth respect to £oing concern are descrlbed In the relevant sectlons of this report. Other Inforniatlon The Trustees are responstble for the other information. The other Information comprises the Information Included In the annual report other than the financlal statements and our auditorfs report thereon. Our opinion on the financial 5tatemenls does not cover the other information and. except to the extent otherwlse explicitly stated In our report, we do not express any form of assurance conclusion thereon. In connectlon wlth our audlt of the financial statements, our respon5ibillty Is to read the other Informatlon and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtalned In the audit or otheTWi5e appears to be materially misstated. If we Identify such mateflal Inconsistencies or apparent matef lal misstatements, we are requlTed to determine whether there Is a materlal mlsstaternent in the financlal statements or a mèterlal mlsstatement of the other Informatlon. If, based on the work we have performed. we conclude that there 15 a material misstatement of thi5 Other information, we are required to report that fact. We have nothing to reportln this regard. Charlty ree1strai￿n number 5179191Company regisiration number 02016332 19 MartlnHouse ILlmSted by Guarantee) TTusiees' reportand fIna￿lI1 statemmts 30 April 2D24 Independent Auditorfs Report to the Members of Martin House (continuedj Oplnlons on other matter5 prescribed by the Companies'Act 2006 In ouropinion, based on the work undertaken in the course ofthe audit: the Informatlon given in the Trustees, report Ilncorporating the strateglc report and the dlrertors, report) for the financial year for which the financial statements are prepared is con51Stent with the financial statements; and the Trustee5' report lincorporatlng the strateglc report and the dlrectors, report) has been prepared in accordance wilh applicable legal requirements. Matters on whlch we are requlred to report by exceptlon In the light of the kno￿￿edge and understandln8 of the group and parent charitable company ar*d its environment obtalned In the course of the audlt, we have not Identlfied matewial misstatements in the Trustees, Annual Report. We have nolhing to report In respect ofthe followlng rnatters In relation to whlch the Companles Act 2006 requlres us to report to you If, in our opinlon: adequate accountlng records have not been kept or ielums adequate for our audlt have not been received from branches nol v151ted by u5; Ihe flnancial statements are not in 88reement wlth the accovntln8 records and returns; certain disc105ures of Trustees, remuneratlon speclfled by law are not made; or we have not obtalned all the informatlon and explanatlons necessary for the purposes of our audit. Responsibllllies of the Trustees As explained more fully in the Trustees, responsibillties statement, the Trustees are responsible for the preparatlon of the flnanclal statements and for belng satSsfled that they 8ive a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financlal statements that are free from maierlal misstatement, whether due to fraud or error. In preparln8 the Ilnancial statements, the Trustees are responsible for assessln8 the 8roup's and the parent charltable companvs abS11ty to contlnue as a golng concern, dlsc1051n8, as appllcable, matters related to golng concern and usln8 the golng concern basls of accountlng unless the Trustees either Intend to Ilquidate the group or the parent charitable company or to cease operations, or have no reali5tlc alternative but to do so, Our responslbllltles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the flnanclal statements as a whole are free from materlal mi55tatement, whether due to fraud or error, and to Issue an audito15 report that Include5 our opinion. Reasonable assurance is a hiEh level of assurance, but Is not a 8uarantee that an audlt conducted In accordance wlth ISAS (UK) wlll always detect a materlal mlsstatement when it exists, Mlsstatements can arlse from fraud or error and are considered material if, individua Ily or In the aggregate, they could reasonably be expected to influence the economic deci5ionsof user5 taken on Ihe basis ofthese flnanclal statements. A further dÈscrlption of our responslbililles for the audit of the flnanclal statements is located on the Finar•cial Reportlng Councll's webslte at: https:l/www.frc.org.uklauditorsresponsibilities. This description form5 part of our auditorfs report, Charity reBistfatlon number 5179191 Company fe8istr•tion numbér02016332 Martln Housè ILSmited by Guarantee) TrusteÈs' reportand flnancial stalements 30 Aprll 2024 Independent Audito￿5 Report to the Members of Martin House (continued) Extent to whlch the audbt was consldered capable of Identlfylng Irre8ularitie4 including fraud Irregularities, Includin8 fraud, are instances of non.compliance with laws and regulatlons. We design procedures In Ilne wlth our responslbllftles, outllned above and on the Flnanclal Reporting Council's websSte, to detect rnatÈrial mlsstatements In respect of Irre8ularltles, Including fraud. We obtaln and update our understandlng of the entlty, Its actlvit(e5, its control environment, and likely future developments, including in relation to the legal and regulatory framework appll¢able and how the entlty Is complylnB With that framework. 8ased on thls understandln8, we Identlfy and assess the rlsk5 of materlal mlsstatement of the flnanclal statements, whether due tofraud orerror, design and perform audlt procedures responslve to those risks, and obtain audit evidence that Is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to appllcable laws and regulatlons, Includlng fraud, In response to the risk of irreBularities and non.799 1,160,781 743,799 160,781 890,291 914,229 25.051 41325 46.404 oih•rtrodlno octlvltlej.. Income Irom r*tall operjtlons FundraisSng events and lottery Other actfvitles for8eneratlng fund5 2,024AIS L349.729 43,249 024,015 1,349.Y29 43349 1.070A19 1.175,227 47A82 Incofflelrom kn*stmehts 332,204 JJ1204 401384 Tot•1 Ihcome 7,161,926 6￿95.19? 13,757.118 ID,20LJ83 f¥pendllwe ON, fxp•ndltur* on fulslngfvnd&' Cost o18ener¥lln8 donatlons and leryKles Cost ol retall oper4llons Costotlundralsln8events, k>ttoryand other H¢tlvlties Inveslrn¢nt m•nJ8eri wst IA02,801 1,504,989 IAOZ,BD8 1.504.989 IA93J81 089,88fj rA9,086 30 6•1 Sl269 E¥ptndltweonthortrable octhiltlej Exteptlonal costs Tot•1 exp¢hthw* 4,201,740 717,SOO 4547,OlJ 1368,970 6h70,750 717WO 10I15J81 6,110,554 I368￿70 9.918.719 N•t lexpendtt¥rnlllncome b•lor• n•t 8alnsl{lossesl on Inv•strnents Nèt 8#inslllossÈs}on Investmen1¥ 11.385,O•SI lJ26222 2,941,137 493,194 342,665 1648.9541 io 493,194 N•t Iqxp•ndltur¢lllnwm• b•lor• transle Translers b•twe•n lundi 11,385,085) 4,366,223 493.194 115,307 4.316.222 14,352,916) SA34?31 IXl&2891 17 Net movement In funds for the year F¢Jnd5 brouAhtforward at beKlnnlng of year Fundi c•rrf•d for￿f0 •t •ndof ye4r 2,983,138 47Ym7 126.6941 1434JJl 1¥162891 6.116.968 9,IDQ,106 15.547AOg 16fv25,296 IA41,793 IA150911 23,lQ6,179 36,540JOI 23812859 lJ,106,170 17,18 The fe5vIts for the year aN relate to contlnuingoperauons. A detalled statement of flnanclal actMtle5 for thè comparatlve year Is shown In note 21 to the flnanclal 5tslernents, The statement of Ilnanclal actlvltiEs a150 complSes with the requlrements foi Jn income andexpenditure attount under the Companies Act ZOO6. The statemeni of flnanclal actlvltles includes •ll gains and losses recognised in the year. Char4lV re8lsiratlon numbtr517919 Icompany regisiratlon number 02016332 23 Martln House (Limited by Guarantee) Tru5tee5' report and financiil stalements 30 April 2024 Balance Sheet as at 30Aprll 2024 Group 2024 Charily 1024 2023 2023 Flxed assets Tan8ible assets Investments 6,796,396 17.378,215 4.583.898 16.885.021 6,796,396 17,378,217 4,583.898 16,885,023 io 24,174,611 21,468,919 24,174.613 21,468.921 Curient assets Stock Debtors Cash on deposit, at bank and In hand li 12 13 21,500 IA86,629 2,786,571 4,294,700 22.310 1,938.509 1,061,751 3,022,570 19,17.2 1.511.900 2,756.S91 4,287,663 20,880 1,944.458 1,050,921 3,016,259 Credltor$: amounts falling due withln one year Nei curient assets Net assets 14 1928 810 2,365,890 26,540,501 1,637,251 23,106.170 2,362,853 26.S37.466 1,634,690 23,103,611 F￿ndS ol the ¢h•rlty: Reiirlrted funds 17 1,415.099 1,441.793 IAIS,099 1,441,793 Vnrestrlcied funds are fepresent¢d by: 8ulld and deflcll budget lunds Other Investment fvnds Total unrestricted designated lunds 17 17. 12,500,000 3,525,296 16,025,296 12,500.OIXJ 3,047,409 15,547.409 12,500,1100 3.525,298 16,025,298 I2,500,￿0 3,047.411 15,547,411 Uniestrlcled tan8lble flxed a55elS Undesl8n3led 8eneral funds Total unrestrlrted funds 18 18 6,796.396 2,303.710 25,XZ5,4Q2 26 540 501 4,583,898 1,533,070 21,664,377 23 106 170 6,796,396 2300,673 25,122,367 26 537 466 4,583,898 1,530,509 21,661,818 23 103 611 The notes on page5 26 to 42 form part of these financlal statemenls. These flnanclal staternents were appioved by the board of Trustees on...... Issue and s18ned on Irs behail by: and wefe author15ed for T l Halstead Trustee T Slraughan Trustee Chaiity re8l¥tfaiion number 517919 Icompany rÈ8isifation number 02016332 24 Martin House Illmited by Guaranteè) Trustees, report and finantlal statements 30 Aprll 2024 Consolldated Cash Flow Ststement for the year ended 30April 2024 2024 2023 Cash flows from operatin8 artivltles: Net cash generated by/lu$ed in) operatin8 actlvltles 3.765J97 (427.264) C*sh flows liom Inv•stlni artMtl•s: Dlvldends, Interest and rent5 from investments Purchase ol tanglble fixed assets Proteeds fromthe sale of tangible fixed assets Payments to acqulre Investments Proceeds Irom the sale of investments Netca5h provided by imTestini artivitles 332.204 {2,380.122J 7.242 (12,691,004) 354.526 1756.3861 7.168 {395.7861 Chan8• In cash and c•sh •qulvalents In theyear 225.989 36,593 Cash and cash equlvalents at the be8innln8 of the year 1.321.725 1.285.132 C•sh and cash •qulvalenls at the end ol the ye•r Ri¢onclllatlon of net Incom• tp net Ush Ilpwfrom vptr¥tln8 •dSvitles 2023 Net incomellexpenditurel for the year Oepreclation char8e {Galns)1105ses on Investments Divldends, Interest and rents from investments Proflt on sale of flxed assets Decreasellln¢rease) in stod( {Increa5elldecrease In debtors Decrease In credltoTs 3h34,331 1.079,J73 1493,194) {33Z.Z04) 14.6231 810 451,880 1370.876> (106,2891 347,189 648,954 1403,2841 15,0611 S,884 1706,030 (8,627) Nèt cash Inflt)wlloutllowl from OPÈfatini actlvltles Analysls of ¢han8•s In net funds At 30 Aprll 2023 Cllsh flow At 30 Aprll 2024 Cash at bank and In hand C•5h held as pJrt of Investment portfollo 1,061,751 97 1,724,820 6 501169 2,786,571 Charity re8lStfalion number 5179191 Company regisiratton number 02016332 Martin House (Lirnited byGuarantEel Trustees. repDrt and linancial slatements 30April 2024 Notes to the Financial Statements for the Year Ended 30 April 2024 l. Accounilnl Poll¢les The princlpal accountlng pollcles adopted, Jud8emenls and key sources of estlmatlon uncertalnty in the preparation of thè flnancial statements are gs follow5: Chwity Infornwtlon Martln House 5s a eompiny1Smlted by guèranteè, the Ilabll•ty of the members15 Ilmlted to Dne pound. and a charlty registered in England and Wales. The regi51ered office Is Martln House, Grove Road. Bosron Spa• Wetherby, LS23 6TX. A¢￿￿ntIng Conventlon The flnancSal statèments have beèn Pfepared on a 8oln8 concern basls In accordance wlth Accountln8 and Reportln8 by Charities.. Statement of Recommended Practice applicable to charltles preparlnB thelr accounts in accordance with the Financlal Reportln8 Standard appllcable In the UK and Republic of Ireland IFRS1021 leffectlve l January 20191 {Charilles SORP IFRS10211, the Flnanclal Reportln8 Standaid applScabl• In the UK and Ireland {FRS 1021, the Companles Act 2006 and the Charltie5 Ad 2011, Martln House meets the dellnltlon of a public benefrt entlty under FRS 102. Assets and Ilabllltles are Inltlally reco8n5sed at cost or transaction value unless otherwlse staled In the ielevant •ccounlln8 pollcy noies. The finafielal statements are prepared In sterlln8, whlch Is the functlonol currency ofthe tompany. Monetary •mount5 In these financlal stjtements are rounded to the nearest £1. On the 8rounds that the charltable company'5 results are consolidated into the charitable companvs 8rotsp accounls the charltable company has taken advontèKe of certaln exemptions conferred by section 1.11 of FR5102 85 follows: Exemption from presentln8 a charltable company statement of cash llows as a primary statement to the financlal ststements. Gw"n¢ Concern The charitable company m*•ts its daily worklng capilal fequlrements throu8h Its bank account whlch had funds of £2,757k at 30 April 2024. The charlty relle5 heavlly upon fundln8 from voluntary doTrailons, legacle5 and grants, which all contaln elements ol uncertainty. Given the ch¥rliable companvs favourable fundralslng record ènd the level of free reserves available at the year end, the Trustees consldei that the charliable compèny hès adequate resources to contlnue in opefJtlonal ex15tente for the forèseeable future. Accordlngly, the f6nAntial siatements have been prepared on a 8oln8 concern basls. GroupAlnandqlstatements The Ilnanclal statements consolldate the results of the charlty and Its wholly owned subsldlary fvlartln House Ishopsl Limited on a line-by-llne basls, The summarised pfoflt and loss accouni forthe subsidiary is Shown in note 4, A separate Slatement of Flnanclal Actlvltles. includlng ihe Income and expendlture accounl, for the chaf ity Itself15 not presented because the charlty has taken advantage of the exemptlon5 offered by sectlon 408 of the Companles Aci 2006. The 8ross Income of the charlty wa5 £13,689.785 12023.. EIO,261,383J and ihe net Income was E2,938,103 {2023.' net inrome £342.6651 Ibefore gainsllosses on investments In each YEafl. Fundaccountlno Unrestricted funds are available for use at the ¢Jiscretion of the Trustee5 in fvrtherance of the 8eneial objectives of the charlty. Restrlcted funds can only be used for particular re5trictÈd purposes within the oblectlves of the charity. These arise when funds are subject tv specific restrictive conditions imposed by fundersldonors or by the PUTP05e of the grant. The purpose and use of the restrlcted funds Is set out In note 17. Designated funds are unrestricted funds desi8nated by iheTrustees fora particular purpose. CharlEy regi5tr•tlon number 517919ICornpany registration number 02016332 26 Martin House (Llmlted by Guaranieel Trusteeg report aThJ flnanclal staten)ents 3(1 Awll 2024 Notes to the Financial Statement5 {continuedJ l. A¢countlng Policies fcontinued) Income Income is re¢o8nised In the year In whlch entitlement arlses, receipt Is probable and the amount can be rellably measured. Income is delerred.. where the charitablè company has to fvlfll condltlons beforg becomln8 entliled to IL where the Income Is received specifically for expenditure in a future accountln8 period. or where donations. sponsorship and entry fees are received In antlcipatlon of an event to be held In a future accountlng perlod. Ley¢les Pecunlary and reslduary legacies are recognlsed when recelved or before receipt if there is sufficient evidence of entitlement to the le8a¢yi receipt 15 probable and can be measured wlth Sufficient reliablllty. Glftsln klndandvolunteer$'¢ontrfbutlons Mèrtin House benefits 8reatly from a varlety of 81fts In klnd and voluntBry ronlrlbthlons. Glfts donated for resale are Included as Income when they are sold. Fixed a55et5 donated to the charlty are Incl￿ded as donation income èl market value at the time of re¢elpt. Consumables and small Items donated for fundralsing activltles are not reco8n15ed In the financlal statements. No amount5 are included in the financial 5talements for services donated by volunteers. Expendltur¢ and lffecoverable VA T Expendlture Is Induded In the St8temenl of Flnanclal Actlvltles on an accruals b•515 inclu51ve of any VAT tho1 tbnnot be recovered. Expendlture Is allotated dlrectly to a partlcular &ctlvlty where ¢ost$ relate dlrectly to that activilv, Where costs cannot be directlv attribuled to particular headln8S they have been allocated to Ktlvltles on • basls coDslstenl wilh use of the rewurces. Fundrnlslnq costs These include the salirles, dlrect expendlture and overhead costs of the fundralslng leam a5 well as lottery and event costs, Investment mana8ement C0515 and the c05t of our retall operatlons. Chorltoble artlvlty rojts These Include the salirles, dlrert expendlture and overhead costs of thecaré and supportte3m. Opemtln¢ leases Rentals appllcable to operatln8 leases are ¢har8ed to the Statemeni of Flnanclal A¢tlvltles on a stralght Ilne basls over the tem) of the lease. Penslons Employees who have prevlously worked for the NH5 are entitled to conllnue to conlrlbute to the NHS Pen51on Scherne subSect to certain conditions. The NHS kheme is an unfunded final salary scheme operated by the National Hea￿h Service. The contribution5 are Calc￿lated so as to spread the c05t of penslons over employees. workln8 Ilves, whilst they remain in quallfyln8 employment. in such a way that the penslon cost15 a subslanlially level percentage of currenl and future pen5i0n¥ble payroll. The contributions are deteimined by the Govemrnent Actuary on the basls of periodlc valuations, and •ny dèflclt Is underwrltten by the Tieasury. The scheme is not desS8ned to be wun in a way that would enable employers of eli8ible employees to Identlfy thelr Share of the underlying scheme assets and liabilitie5, and the scheme Is unfunded. Therefore, Ihe scheme Is accounted for as if It were a deflned contribution stheme: the amount charied against profits represents the contributions payablè to thestheme. staff not entltled lojoin the NHS Scheme are automatically enrolled Into a deflned contrlbutlon scheme, lfi accordance with current pension legi513tion. In addition. the defined contributlon scheme 15 offered on the Same terms to Staff not meeting the Cfiteria for automatic enrolment. The amount char8ed 38alnsl profits for the scheme represents the contributions payable to the scheme in respect of the accountlng perlod. Chailty iegistratlon number 5179191 Company re8lstfalion number 02016332 27 Martln House (Llrniied by Guaranteèl Trustee5' report and financlal Stsiements 30Aprll 2024 Notes to the Financial Statements {continuedJ L kcauntlng Pollcies {contlnuedJ Staff Costs The costs of short-term employee benefrts are recognlsed Js a Ilablllty and an expènse where settlement of obllgatlons does not fall wlthln the same perlod. Investmentj Investments {otherthan Investments In subsldlarlesl are stated at rnafket vilue at the balance sheet date. The investment portfolio, see note 10, is held to generate retvin5 4nd gains lorthe group and actordin8ty is designated as falr Value throu8h proflt and loss I'WPL"). Under thls desl8natlon the porrfollo Is revalued at each pÈriod end to Its fair value, as determlned by reference to quoted market prlces and values determlned by independeni fund managers, wlth any gains or losses 8oln8 through the statement of financial aclivitv. For tht purposes of the cash flow statement, the short-ief m cash deposlls held for relnvestment wl¢hln the lon8 term investment fvnd have been treated as cash, Investment proper￿e$ are Included In the balance sheet at thelr open market value. Depreclatlon Is not provlded on Investment propertles. Investments In subsidiarles are stated al cost and the Trustees revlew ihe earryln8 value annually for Indlcatlofts of Impalm)ent. Flxed4SSrts aftddepreciotion Fixed assets are stated at cost. Depreciation 15 PTovided to wiite ofl the cost less the e5tlmJted residual Value of tan8ible flmed asset5 by e9uhl Instalments over thelr estlmaled useful e¢onDmi¢ Ilves as lollows.. Freehold bulldlngs Furnlture and flttln8S Offlce furnlture and iquSprnent Vehicles 2-4% 51raight Ilne 25% stfaighi Ilne 20% to 33% 5tralght Ilne 25% redudng balance All ¢apSial exp•ndlture over £25015 c•plt•lls•d is In asset. Stocks Purchased goods for resale are valued at the lower of cost and net realisablevalue. Donaled item5 Of 51ock for resale are not Included In the financlal statements untll Ihey are sold because the Trusteei consider it impractical to assess the amount of donated stock held as there Is no system Sn place to record these item5 or value ihem untll they are sold. The value ol these Boods to ihe charity 15 instead recognlsed when they are sold In the shop5. Finanrlallnstruments The group has elected to applythe provislons ofsectlon Il'835ic FlnanclBI Instruments, and Sertion 12 '0theT Financial Instruments Issues, of FRS 102 to all of Its financial Instruments. Cosh otbonk andin hand Cash at bank and ¢ash In hand Includes cash and short term hl8hiy Ilquld Irnvestments wlth a short maturlty held for working capital. Bank overdrafts are shown withln borrowing In turfent Ilabllltles. Charityeeelstratlon nurnber 5179191 Company reg15tiatlon number 02016332 Martin House (Lirnited by Guarantee) Trumees, report andfinanclal statements 30 April 2024 Notes to the Financial Statements (continued) l Accountln8 Polldes (Continued) Debtors Trade and other debtors are ￿cognISed at the settlement amount due aftef anytrnde dlscount offered. p￿payMents are valued at the amount prepald. Flnanclal assets, other ihan those held it falr value through proflt Ind loss, •re assessed lor Indlcators of Impalrment at each reportin8 end date. Financial assets are Impaired where there is oblective evidence that, ès a result of one Of more events thal occurred after the Initial reco8nitlon of the financial asset, the estlmated future cash flow5 have been affethed. The Impairmenl 105$1s recognlsed in the income and expenditure account. Credltors loons andpro￿lOn5 Creditors, loans and provisions are recoEnlsed where the group has è present obllgatlon resulting Irom a past event Ihat wlll probably result In the trarisfer of funds to a Ihlrd party and the amount due to settle the obligation can be measured or e5tlmated reliably. ￿editorS. loan5 and pwo¥i51ons are normally reco2nlsed at thelr settlement amount after allowlng for any trade dlseounts due. Flnanclal Ilabllltles are only derecognlsed when, and only when, the group's obll£atlons are dlschar8ed, cancelled lx Ihey explre. Amounts recogn15ed as provlslons are best estlmates of Ihe con$lderatlon requlred to settle the present obligatlon at the reportln8 end date, takin8 Into account the rlsks and uncertalntles surrounding the obllgallon. Crttlcal xcountln8 estlmates and ludgements In the appllcatbon of the 8roup's accountlng pollcle5, the Trustee5 are requlred to make judgements. estlmates )nd assumptions about the carryln8 amount of assets and15abllltles that are not readlly apparent from other sources. The estlmates and assoclated 4ssumptions a￿ based on hlstorlcal experlence and other factors that are consldered to be relevant. Actval results may differ from these estlm¥te5. The estlmates ènd underlylng assumptions are reviewed on an ongoing basis. Revisions to accountin8 estimates are reco8nised in ihe period in which the estimote Is revised, if the revislon affects only Ihal perlod, or In the perlod of the iev151on and future periods if the revlslon affects both current and fulure perlods. The estlmates and èssumptlons whlch have è 51gnlflcant rlsk of causln8 a materlal adlusiment to the carryln8 amount of assets and liabillties are outlined below. Depreclotlon oltonqlble assets Depreclation policles have been set atcordln8 to mana8eMent's experlence of thè useful Ilves of the assets In each ateBOryi something whlch Is reviewed annuallv. The charlty incurs expenditure on creating tan8lble flxed assets for use in Ihe charity with costs being incurred over numbÈr ol months. The Trustees believe11 is posslble to se6reEate these cost5 Into Identifl*ble projects, and •$ suth no depreciotion is charged on that project unlll It Is brou8hi into use. Legoeles Legacie5 aTe recogTr15ed as Income when probate has been granied, the charity has established Its entltlement to the funds and where sufflclenl information 15 avallabl¢ to allow It to measure It5 entitlement. Tox Martin House 15 a re8lstered charlty and a5 such is a charity wlthln the meaning of schedule 6 of the Flnance Act 2010. Accordln8ly, the Hosplte Is potentlally entltled to tax exempllon under part 11 of the Corporatlon Tax Act 2010 or sectlon 256 of the Taxatlon ol Charyeable Galns Act 1992 In respect of Income and galns aflslng. Charity ce8lstratlon number5179191 Company registratlon number 02016332 29 Martln House (Llmlted by Guarantee) Truslee5' report and financ*1 statemènts 30April 2024 Notes to the Financlal Statements (continued) l A¢MuntlTr8 Pollc•s (Contlnuedj The tradin¥ subsidiary b liableto corporalion tax on It5 charge?ble Pfoflts. Current tax Is provlded at amounts expected to be pald (or recoveredl using the tax rates and laws that have been enaded or substantially enacted at the balante sheet date. As all profits arising in the subsidiary were gift aided to the parent charitable company In both the current nd prlor financial ye•r, no corporatlon tox has ar15en, Nèt oxpendlturè 2024 2023 Plet expendlturetsstatedofteithorqing/(¢redltlng).. Depreciatlon and other amounts wrltten off tanglble fixed assets Lossllprofltl on dlsposal of fixed assets Auditoes remuneration-audit of charity and subsldlary compony accounts Auditof s remuneration- other non-audit ser4ices Operatln8 lease rentals- land and bulldln8s Operatlng lease rentals-equlpment ¥079J73 14,6231 16.400 4,650 I96￿12 3.959 347,189 15.061) 15.675 2.300 199,779 3,959 3 In¢om• from Inv•stm•nls 2024 2023 Gross dlvldends and Iniere5t recelvable from Ilsted Investments Interest from bulldln8 50clety and bank5 Property rent Lease Incentive Rlpon SIK)P 290.146 31993 865 I￿00 J32204 396.047 1,812 3,625 1.800 403,284 4 SubsldlaryeompJAy The charity has a Whol￿ owned subsldièry, Martin House (Shops) Llmlted which Is In¢orporatèd In the UK and reglstered In En8land (company number 21662091. The company undertakesvarlous tradln8 octlvlties includin8 the sale of bought goods, Ihe sale of goods as agent, and other trading ¥ctivities on behall of the charlty. Non-primary purpose tradlng of the group such as bou8ht Bood sale5 in the h05pice shops are Iransaded throu8h the Iradln8 sub51dlary, Martin Hguse Ishopsl In order to adhere wlth HMRC regul•tions on non.prlmary purpose trallng wlthln charltSes. A summary of Its trad5ng results lor the perlod Is shown below. The company donates all iaxable profrt5 to Martln House under GbftAId. 2024 2023 Proflt and loss account Turnover Cost of sales Gro￿ profit Rent and r•tes stsff c05t5 Other expenses Interest payable to parent company Prolit for the year 68.849 (232531 45,596 {6.39ZI 124,2241 IIOA301 11,5171 3fv33 70,972 128,235) 42,737 16,381} (22,7111 19,9491 11,1371 2.S59 Balance Sh•et Share capital Profit and loss account Totsl shareholdèrfs funds 3,033 3,035 2,559 2,561 Investment In the wholty owned subsidiary is carrled at cost of £212023,. £1 In the balance Sheet of the chaTiIy, The profit for the year is lo be Kifted to the charltable parent company. however as no deed of covenant exists the dlstributlon has not been retognlsed in these financial statemenls. Charity registfation number $17919ICompBny re8i5tf•tion number 0201633Z 30 Martin House (Llmited by Guarantee) Trustee￿ report and financlal statements 30 April 2024 Notes to the Flnanclal Statements (continued) S Expendlture on talslng fvnds UNestrlrted 1024 A￿trIrted 2024 Tol•l 2024 For the year ended 30 Apri12024 Costs o18enerèilni donallon5 & lezacles Staff costs IN¢te 8) Publlclty and newsletters Professlon•l fee5 Other 928.172 204.469 35,9Q5 234,262 IA02￿03 928,172 104,469 35,905 234.262 IJ02,808 Cosl of retall opor•llons Staff cosls (Note 81 other 840,796 664,193 I,504￿89 840,796 664,193 1.504.989 Lott•ry and èv•nt tasts Staff costs IN01• 8) Other 147.8S2 54Z,034 689,886 147.852 542,034 689,886 Inv•itm•Nt maMym•nt cojts JO,(A8 30,048 Unre$trlrted ZQ23 Rostrl¢ted 2023 Total 2023 Forthe year ended 30 Aprll 2(f23 Co51$ of 8eneritln£don•tlons & l•ii¢l•• Staff Cosis (Note 8) Publlclty and newsletters Professional fees Other 1,137,983 205,138 12,508 137,073 1.492.702 1.137.983 205,138 12,508 138.352 1,493,981 1.279 1,279 Cost olretall operatlons Staff costs (Nole 8) Other 798,615 610,816 1,409,431 798,615 610,816 1,409,431 Lottery and event ¢osts Staff costs INote 8) Other 145.599 536,385 682,484 145.599 536,885 682,484 In￿StMent manayment Msts 52.269 52,269 Charity registfalton number 5179191 Cornpany regisiratlon number02016332 31 Martin House (Limiied by Guoranteel Trusiees. report•nd flnand415tatements 30April 2024 Notes to the Financial Statements (continued) Expendllure on tharhable acllthles Unr•strl¢ted 2024 Restrlct•d 2QZ4 Total Unrestricted 2024 2023 Re5trlcted 2023 Total 2023 Pmvi5i9n of core.. Siaff ¢osts (Note 8) Consumables Other 1,894562 103A37 413,680 1258,967 4.153.5Z9 203M37 413,683 1,935.933 210,036 450,800 2,181,612 4,117,545 210,036 459,178 ,003 8,378 Research 120mO) 120,WOI 130,(K)O} 130,0001 support C05ts.' Staff costs {Not• 8) Establishment Exceptlonal tosts 1,279A41 430.260 717.500 4,919,280 1,279041 430,260 717,500 7,188,250 1,144,142 379,653 1,144.142 379.653 2,268,970 4,090,564 2,189,990 6,280,554 Exteptlonal costs of £717,500 rel*es to the Impalrment of tan8lble assets due to thelr replacement In relatlon to the ongolng'8ullrf project. 7 Tolal empendlture Stsff c¢JM$ Deproclatl•n & Impalim¢it other costs Total Year ended 30Aprll 2024 Charftable actmtles Co$15 of generatln8 funds Tolal expenditllfe 5,433.370 1,916.823 7,350,193 981.299 98,074 1.079,373 773,581 1,612A34 2a86A15 7,188.150 3￿27,?26 IOM15,981 ended 30 Aprll Z023 Stsll ¢osts Depredatlon Other wst$ Total Charitable acti￿tIeS Costs ofgeneratlng fvnds Total expendlture 5,261.687 2,082.197 7.343.884 257.373 89,816 347,189 761,494 1.466,152 2.227,646 6,280.554 3.638,165 9,918,719 8 Staff number5 and costs The avera8e numberof Staff employed by the charitable company dUrIngt￿ year v4a5 asfollovts: Averaie headcount 2024 Av¢r4g¢ FfE 2024 No. 119 54 173 2023 No. 134 66 20D 2023 No. 115 58 173 Char5table actlvltles-care team and support FundraisinE and shops 135 76 211 Chèrity reg15traiion number 5179191 Company re8¢51ratlon number 02016332 32 Martin (Limited by Guarantee) Trustees, rèport aftd ffinantlal statements 30AprJl 2024 Notes to the Financial Statements (continued) staff numbers and eosts Icontinuedl The aggregate payroll costs of these per50n5 were as foll0v￿. 2024 2023 Wage5 and salarles So¢lal 5ecurltycosts Other penslon costs {Note 151 6325,504 527,915 496,7YI 7J50,190 6,271,922 595.762 476,200 7.343,884 Induded in the above costs15 £239,69612023,' £212,410) In respect of members of the medical team contracted to the charlty by • local NHS trust. The Trustees do nol receive any remuneration. During the year expenses were pald to Trustees of £136 (2023.. £29). Th15 related to ihe ielmbursement of expenses for l Trustee12023:11. Trustees are not Included In the avefa8e number of employees, In accordance with the Mernorandum of Association the charity purchased charlty Trustee Indemnlty Insurance. The cost of thls Insurance hcluded In the Siatement of FlnJncl•l Actlvlil•s was £1,23012023.. £1,230). The numbei ofhi8her pald employees is di5¢105ed below. 2024 2023 No. £60,OOOto £70,000 £70,001 to£80,000 £80,001 to £90,000 £90.001 to £JOD.000 £IOO,001 lo £llO,000 Penslon contrlbuilons totalllnl £32,540 f2023.. £29,5101 were made for the5 (2023: 5) hl8her pald employees. The key mana8ement personnel of the Charlty land group) tomprlse the Trustees and the senior management team. The total employee beneflts ofihe 5 (2023.. 5) key mana8ement personnel employed by the tharlty land iroupl wère £477,283 (2023,. £454,612J. 74n8lbl• Ibxed assets Offbc• furnllut• an equlpment Fumllum and 11111ry5 Freehold land Asset5 under and bui5dlnis constru¢tlon Toi•l CHARIIY AND GROUP Vehkle5 Ai beglnnlng ef year Addltlons Oisposals At end of year 4,817,626 55,771 1,239,196 3,057,081 1.827,698 82,990 1,253,891 98.649 237,943 9,376,354 3.294,491 132.3391 12,638,506 132,3391 205.604 4.873.397 4,296.277 1.910,688 1,352,540 D•preclatlon At be8lnning of year Char8e for year On disposals At end of year 2,109,699 795,807 1,593.475 119,597 975,044 133,629 114,238 30,340 129,7191 114,859 4,792.456 1,079,373 129.719) 5,842,110 2.9DS,506 J.713,072 1,108,673 Net book value At 30 Aprll 2024 1,967,891 4,296,277 197,616 243,867 90,745 6,796396 At 30 April 2023 2.707.927 1,239,196 234,223 278.847 123,705 4,583￿98 The cost olfreehold land and buildings intlude5 £75.00012023.' £75.1)00) ol land whlch Is not depreaated. Chority re8istratlon number 5179191Company rei151railon number 02016331 33 Martin House (Limited by Guarantee} Trustees. reportand financlal 5tatement5 30Aprll 2024 Notes to the Financial Statements (continued) 10. Flxed asset Invosiments CHARITY 2024 2023 Llsted Investments (Note Iolèll Cash held as part of investment portfolio Investment in Martln Htsuse {Shopsl Limlted (Note 41 Unllsted Investment In¥eslmÈnt property (Note Iolbll IOA37,063 6,761.142 16,475,037 259,974 io 180.000 17,378.217 io 150,000 16,885,023 GROUP 2024 2023 Ll$ted Inveslrnents (Note IOl¥ll Cash held as part of Investment portfolbo Unlisted investment Investment property (Note 10{bll 10,437.063 6.761.142 16,475,037 259,974 io 150,000 16,885,021 180.000 17.378,215 These Invesimenls boih In Income and lon8.tem) ifowth support Ihe work of the hosplce. IOl•l I15ted Inv•stm•nts 2024 2023 Market value at be8lnnln8 olyear Addlllons Disposal proceeds Reallsed and unrèallsed Investment 83lns Markèi valve at end of year Hlstorlc81 cost at Ènd of year 16A75,037 IZ,691.004 119,192,1721 463.194 10,437,063 9,527.506 17.982,540 395,786 11.254.335) 1648,9541 16,475,037 13,726,157 Iolbl Investment propertv 2024 2023 Market value at beginnlnB ol year Rwaluatlon Market vilye al end of year 150.QOO 30.000 180,000 150,000 150,LKIO The hlstorlcal cost ofthe InvestmÈnt property was deerned to be £133,000. The Trustees have estlmaled the falr value of the Investment property, wlth rÈfeTence to other 51mllar property transactions in thevicinity. A professional valuation h35 not beén obtslned as the Trustees do not conslder It necessary due to the non-speciallst nature of the Investment property. The Trustees conclude that there has been no m?terial ch3n8e In ihe falr value durln8 ihe year. The carrying amount of Ilnanclal asset5 measufed at fair value through Income and e¥pendlture lof both thE company and 8roup wa5 £JO,437.06312023: £16,475,0371. Chaiily rewstration numbei $179191 Company reElslfation numbei 02016332 34 Martln House ILlmlted by Guarantee) Tru5tees' reportandflnancial statèments 30Aprll 2024 Note5 to the Financial Statements (continued) 11, Sto¢k Group Ch•rlty 2024 2023 2023 Goods for resale T-shirt stockfundraising {not for resale) 4.005 17A95 21.SOO L677 17.495 19.172 634 20,246 20,880 20,246 22.310 12 Debtors Grovp Du• wlihln one year 20Z4 Charlty Due withln one year 2024 Oue wlthln one year 2023 0￿wIthIn ne yÈar 2023 Amountsdue from Martln House{Shops) Llmited Accrued Income and prepayments VAT recoverable 25,273 1,205.936 280,691 1,511,900 5,949 IA34.412 104,097 1,944,458 1205,938 280,691 IA86,629 1.834.412 104,097 1,938,509 13 Cash at b•nK In hand and on deposlt Group 2024 Charity 2024 2023 2023 Bank and building soctety deposlts Cash In hand 1.785,070 IN93 1.786.571 1,060.634 1.117 1,061,751 2.755.928 1,050,634 287 1.050.921 2,756,591 14 Credbtors: amounts lalllnl due wlthln one ytar Group 2014 Charlty 2024 2023 2023 Trade credltors Other taxes and social securlty costs Other credltors . A¢uuals and defeired Income 348,607 131,310 1,014,2(Kl 454,693 1.928,810 183.207 144.755 24.017 1,033,340 1,385,319 348,607 i.jio 1,014,200 430,693 1,924,810 183,207 144,755 24,017 1,029,590 1,381,569 Chèrity re8islratlon number S17919 Icompany reElstf8tlon number 02016332 Martln House Iumlted by Guafanteel Trustee< report and finan¢tsl statements 30 Aprll 2024 Notes to the Flnancial Statements (continued) 15 Penslon costs The hosplce operates two pension scherne5', the NHS Scheme and a deflned contribution 5¢heme, both of whl¢h are treated a5 deflned contrlbution schemes as dlsclosed In Note l. The char8e for the year was as follows.. 2024 2023 NHS Pension Scherne Defined contrlbutlon scheme 271,781 224,990 496,771 246.808 229,392 476,2LK) NHSStheme Eli6lble employees are able lo remaln In ihe NHS Penslon scheme. The NHS Pension Scheme". is an unfunded occupatlonal scheme backed by the Exchequer, whl¢h is open to all NHS employees and employees of other approved orBanisalions. The Stheme provides pensions, b85ed on final salary, in varying circumstances for employees of p3rtlclpatlD8 employer5. The Scheme recelves ¢ontributlons from employees and employers to defray the costs of pensions and other beneflts. The scheme Is subject to 8 lull a¢lu•rlJl v)luatlon every four years and an accountln8 valuation every year. Delalls of the benefits payable, and the basls for the valuailons under these provlslon$ can be found on the NHS Penslons website at vMw.nhsb￿.nhs.uVpensl0D5. 16 Commltmenls Total commltrnents for future mlnlmum lease payments under non-cancellable operatln8 leases aTe as follows: CHARITY AND GROUP Land and bulldlngs 2024 Land and bulldlnES 2023 Equlpmenl 2024 Equipment 2023 Withln one year Morethan one year and less than S years Moreth3n 5 years 184,650 416,704 153,054 367.972 3.959 Total commltments for capltal expendlture under non.¢ancellable ¢ontrac15 are 3$ follow5: CHARITY AND GROUP iQZ4 2023 Commilments ¢ontracted for In retstlon to The Build I5,870,￿6 Charlty re8151iatloTh nwnber 5179191 Company registrallc4n number 02016132 MartinHouse (Limited by Guiranteel Tru$tee5' report andfinancial 51atements 30April 2024 Notes to the Flnanclal Statements (continued) 17 Ststement offunds AsAt Imty 2013 Asat 30 Aprll 2024 For the year endèd 30Aprll ZOZ4 Investment 8alns Inwme Expendltur• Transf¢ GROUP nr Genernl lunds Deslgnated funds Build and deficit budget funds Other Investment funds Total designated fvnds Total unrertil¢t•d lunds 6,116,968 7,161.926 18.547,0111 4,368,223 9.IIKI,106 12,500,000 3,047,409 15.547,409 21,664,377 12,500.000 3,525.296 16,025,296 Z5,125A02 493.194 493,194 493,194 115,3071 {15,3071 4,352,916 7,161,926 18,547,011) CHARITY Unres General funds Desi￿ated fvnds Bulld and deficlt budget fund5 Othef Investment funds Total deslBnated fvnds Total unrestrlrted funds 6,114,407 7,163,064 18,548,625) 4,368,223 9097.069 12.500,000 3,047,411 15,547,411 21.661,818 12.500,(MJO 3.525,298 16,025,298 25.122,367 493,194 493,194 493,194 115,3071 115.3071 4.352,916 7,163.064 18,548,625) GROUP AND CHARITY Rostrlctod Funds NHS Eniland Grant Pensions Indexatron fundin8 Integrated Care 8oard 8rants Garden Fund Rebulld Gire equlpment- reBlonal Donallons- Capital {baths, decoratlon, chair, tralnln81 Donatlons Trusts sanctuary Garden Donations - Capltal Appeal Dornations- Capltal Appeal Publlc Capital Appeal- Art Rgom Capltal Appeal- Chlldren's wlng Capllal Appeal- Wellbeln8 Centre Donatlons- Corporate for Bereavement Kitchen and Caterln8 Improvements 1,093,781 67.0(Xl 743,799 11,093,781) 167.000) 1743,799) 11,344 28,975 4,801 11.344 (28,9751 4001 34 326,243 11401 1336.6801 13,0001 88,187 50,542 3.857,705 138.097 S4,622 71.689 400,000 19,1001 147,542) 14.195.610) 68,650 1.070,396 732A91 138,097 54.622 171.6891 24.570 124.5701 5.000 1,441,793 6,595,192 {2,268,9701 14,352.9161 IA15,099 Charltyr•8iStrats'on nurnber 5179191 Company feglsif8tlort numbèr 02016332 37 Martln House (Llmlted by Guarantee) 7rUStee￿ report and flnanclal statsmènts 30 Awll 2024 Note5 to the Flnanclal Statements {contlnuedJ 17 Statement of funds (Contiftved) Forthe yearended 30 Apill AsAt Imay 2022 As•t 30 Aprll 2023 Investment {lasses> Transfers Income ExpendltUfQ GROUP nfestrlctedfund5 Glneral funds Desl8nated fundi Covld-19 fund Bulld and defl¢it budget funds Other Investment fund5 Total deslqn4ted funds Total un￿tfItted funds 4,821,272 6,687,405 {7.709,3401 2,317,631 6,116,968 18,110 118,110) I4,800,0￿1 3,711,733 18,5Jl.733 23,333,005 {2,300.0th)1 1648,9541 115,370 118.1101 1648.9541 12,315,370) 17,727,450) 1648,9541 2,261 11500,000 3,047.409 15,547,409 21.664?77 18.110 6,705,515 CHARITY Vnre5trirted fu General funds D•51Bnited lunds Covld-19 fund 6ulld and deficlt budiet funds other Investment funds Tolal d•slinated lunds Total unrestrlcted funds 4,819,308 6,687,403 17,709,935) 2,317,631 6.114A07 IB,110 118,1101 14,800,OCK) 3,711,735 18,511,735 18,110 23,331,043 6,705,513 12,3CQ.OC#)I II500,000 648,9S4) 115,3701 JP47,411 118,1101 1648,954) 12,315,370) 15Y7,411 17,728,045) 1648,954) 2,261 21fi61,818 GROUP A140 CHARirY NHS England 8rant Pension Indexatlon fundlng Inte8r8ted Care Board Grènts H05plce UK Gorden Fund Rebulld Care equlpment. Re8lonal Donatlons- Care equipment Donatlons- CapSial Ibaths. decoraiion, chalr, tralnln81 DonatSons- Trusts Oonations-capital Appèal Donations- Events 917,229 67,000 890,291 6,942 1917,229) 167,000) 1890.2911 16,9421 11,344 28.975 4.989 612 11,344 28,975 4189 612 11641 16361 33,534 133.5001 1274,5531 602,421 1,070,396 1,589 79.454 3.555,868 11,6251 326,243 1,070,396 11,589) 12,191,268) {2.2611 L441,793 Charity reglstration number 517919 Icornpany reBlStralion number02016332 38 Manlh Houst (Llmlted by Guèranleel Trustées. report and ftnarKial ststements 30April 2024 Notes to the Flnancial Ststements (continued) 17 Statement offvnds (Continued) UnrestrIct￿ lunds General funds- these represent the free reserves and fixed assets of the charity that are not desi8fftated or restrirted for partlcular purpose$. The Trustees have desi8nated elements of the iwestment fvnd for sp¢clflc purposes, as follows: build and deficit budget funds- £12.5m has been deslgnated to Cover to coThtflbute towards the cost of our extensive Build project and also to cover the deficits anticipated In the next 3-5 yeark The femalnder of our designated funds. held within Investments, are held to comply wlth our poll¢y of holdin8 sbx months runnln8 costs In reseNe5. fte$trlct•dfunds-represent monles received forspeclfic purposes as follows: NHS En8l•nd Grant- th151s a 8rant received io support us In our alm to contlnue the provlslon of the hl8h level of 5peclallst care lor the chSldren and famllles In Yorkshire. Penslon Indexatlon fundln8 -15 • contrlbutlon from NHS England towards the cost of our ernployerfs NHS penslo contrlbutlons. Inte8rèted Gire Boirds8i•nts-are 8rants recelved from ICBS coverlng EasL North and Westyorkshlre and the Humber. Each contilbutes towards the c05t of cère provlded by Martln House to chlldren and youn8 people and thelr famllles In the respertlve 8eo8raphical areas served by each ICB. Gfanls from Vaflous Trusts & Foundatlons ind donatlons . Funding for ¢ore clknleal costs, medlcal equlpment, ¢ultural Ila150n offlcers. bereavement salarles, slbllng support groups, tfaining bursaries, a refurblshment of the Sanctuary g•rden, emer8enoi ir4¥el for f•mllles and a resldentlal irlp for youni people. Garden Fund Iwhltby Lodge Courtyard Project) - consisls of charitable donatltsns to lund the iedeveloprnent of the Lod8e Courtyard Jiea for the enjoyment of our teenasers and youn8 adults. Garden Donatlons-speclfled garden purchases aftef the Build proje¢l. Aebulld Fund- Fundln6 from our Cjpltal Appeal In ald of our upcomlng extenslve Bulld and refurblshment project. Care equlpment- fundin8 lor care equlpment from individuals and Trusts. Other capltal lunds- con51st of contrSbutions from Trusts and other source5 for Specific Items olequlpment. Othei restrlcted donatlons- donatlons for small èqulpment, b•rea¥emenl Ilbrary and Chrlstmès party. Trust donalions for proJectlde51gnatÈd spend-fundin£ foryehlcles, beds and garden ¥rantfromTrusts. Charity registration number 5179191 Company registration number 02016332 Manln House ILlmlted by Guarantee) Tru5tee5' report and financial statemenls 30 AprS12024 Notes to the Flnanclal Statements Icontinued) l)onatlons care equipment- funding from indivlduals and clubs for specialist chairs. baths, Oxford Text Book and a small restrlcied pot of funds not yet speclfled. l)onatlons capltal (baths, decoratlon. chalrs, tralnlngl- ¢apltal fundlng from Trusts for the 5peclallst bath appeal. Palliatlve core tralnlng for doctors. Transfers Trinsfer5 totallin8 £4,352.916 have been made from restricted to BeneTal fund5 where Capital expenditure has been Incurred from restrlrted lunds in relation to The 8ulld', and the as$8ts purthased are held for a 8efteral Purpose wlthl the charity with no on8oln8 restrlctlons In use. 18 An•lysls oln•t assets betw¢¢n lunds As at 30 AprH 2014 Tanilble Investm•nts flx•d ￿•t$ Nèt eurreht assets Total GROUP Restilrted funds Unrestilrted funds 1,415,099 1,415,099 16,025,296 9,100,106 26,540.501 Des18naied . Other 16,025.296 1.352,919 17,378,215 6,796,396 6,796.396 950,791 2,365,890 CHARITY Restricted funds Unfeslrlcted funds 1,415,099 IA15,099 16,025.298 9,097069 26.537.466 - Deslgnated . Other 16,025,298 1,352,919 17,378.217 6,796,396 6,796,396 947,754 2,362.8S3 A$ 4t 30 Aprll 20ZJ Tanqlble Inv•stmenls fixed assets Ng1 curr•nl •ssetJ Tot•1 GROUP Restrlcted funds Unre5trlrted fvnds 1,441,794 IA41,793 15,547,409 6,116,968 23.106.170 De51gnated Other 15,547,409 1.337,612 16.885.021 4.583A98 4.583.898 195,458 1.637,251 CHARITY Aestrlcted funds Vnrestrlcted funds 1,441,794 1.441.793 15.547.411 6.114M07 23,103,611 - Des￿rtated - Other JS,S47,411 1,337,612 16,885.023 4,583,898 4,583,898 192,897 1,634.691 The unrestricted designated investment fvnd includes unrealised Bain5 on investments of £897,171 12023.. £2,745.510). Charity rtgistratlon numbw S179191 Company ie8lstratlon number 02Q16332 Martin House (Limited by Gvaranteel Trustees, rèport and financlal statemènts 30 AprS12024 Notes to the Financial Statements (continued) 19 Contln8ent Llabllltle5 The charlty Is party to a cr055 guarantee in respett of a 8roup VAT reBlstratlon. Al 30April 2024 the total group VAT balance was a debtor of £280.691 (2023.. debtor of £104,097). 20 Relaled PartyTransartlons Durlng the year, Martln House conducted the followln8 transartions with Its subsldlary, Martin House (Shops) Llmlted: Martin House levled renl on Martln House (Shops) Umited amountlnÉ to £6.105 12023,, £5,947). and interest amounting to £1,517 (2023: £1.1371. Martln House (Shops) Llmlted donated £2,55812023'. £1,962) to Martin House under Glft Ald. At 30 AprS12024, Martln House had a debtor balance of £25,273 owed by Martin Hguse (Shopsl Llmlted12023: £5,949 debtor balance). During the year the charlty pald £nll12023: E6,2071 to the spouse of one of Its Trustees, Tfjm Strauihan, who was ernployed by the charlty ID a part-llme role. Charity regi5tiaiion number 5179191 Compary ie8lstr3tlon number 02016332 41 Martln House (Llmlied by Guarantee) Trustees, reptrrtand financial statements 30Awil 2024 Notes to the Financial Statements (continuedj 21 Consolldated Statement of finan¢l•l A¢ti¥lile5 Iln£orpor*lng an Incom• and oxp•ndltur• •c¢ounl) loi Iheye&r ended 30 Apfll 2023 Unrestricted Funds- Goneral Ufirestrlrted Fu￿- Oosl¢nated Restrlrted Funds Totsl Funds Incomefiom: Donailo Legacie5 1,980.362 L162JQS 1,674,406 3.662.768 1,162,306 Incomelmm chgiltcble ortlvhlel." Fundlngfrom Integrated Care boards NFIS En8land grants Covld 19 Arants other i￿Orne 890,Z91 984.229 4942 890,291 984219 25A15Z 40,325 18JlO 4OA25 Olhertr•dlno octfvltles.. Income from rel•il operolions Fundrllslne events and lottery other artlvltles IOT genero11 funds I￿70*19 1,175,227 1.175,227 47h82 47082 lficomefrom Investrn•nts 4171,284 Tot41 In¢om• 6WA05 J,555,861 Exper￿11￿1* on: Exp*ndltureonrnhlnglundJ.' Cost of ieneratlnk voluntary tncome Cost of retail operntions Cvst of fundralslng pvents. lottery and other activities Investment m?n•ger5WSt IN92,702 L279 JA93,981 I,J9l,3ZI 16,110 IAOgAJI 6BZ,404 682 52,169 51169 Expendlwreon ¢harft4ble ortlvhle5 Tot4l*Mpendltur• 4XIYO,564 7.709,J40 Il89,990 6.280,554 iiiio 191.269 9,918,719 Net In¢omellexpendlture) belore It IloswsllÉ•lns on Investm•nto Net 841nsl(loJsesl •n In¥e5tments' (1,011,935) 1,364,600 1640,Y541 1648,954 11,021,935) 1917.631 1.364,600 12,1611 la06,2891 Translen betwèenlundi 12,315A701 NetM0￿mentln1und5 Ir*rlhe v•ir Fund5 brou8ht forward31 beglnnlng olyear nds ¢•1rl•dlo￿arrf •tond 91 year 1,295,696 12J043241 V62J39 1306,2191 4￿11,172 I$￿11,739 79A54 23AIZA59 6.116,968 47,409 1.441.793 13,106,170 Charity re8lstration number $179J91CompanyTeglstration number02016332 41