Registered Charity Number: 518905 Company Number: 02121179 North Yorkshire Hospice Care (A Company Limited by Guarantee) Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Trustees, Report and Financial Statements for the year ended 31 March 2024
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Contents Page Charity Information Report of the Trustees... Independent Auditor's Report............................................................................. 12 Statement of Financial Attivities.........................................................................16 Balance Sheet. .18 Statement of Cash Flows................................................................................... 19 Notes to the Financial Statements.. .20
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Charity Information Trustees Joanne Crewe Karen Wheeldon Peter Gibson MP Professor Brendan Gough Lesley Bers Rebecca Fitzpatrick Andrew Makin Catherine Rustomji Gillian Wren Clare Hedges Timothy Milburn Company Secretary Mr A Collins, OBE Registered charity number 518905 Company number 02121179 Principal and registered office Saint Michael's Hospice Crimple House Hornbeam Park Avenue Harrogate HG2 8NA Auditor Saffery LLP 10 Wellington Place Leeds LSI 4AP Bankers Barclays 25 James Street Harrogate HGI IQX Lloyds TSB Commercial 2nd Floor, Skinnergate Darlington DL3 7ND Virgin Money 46 High Street Stockton on Tees T518 ISB Charity Bank Fosse House 182 High Street Tonbridge TN9 IBE Solicitors Raworths LLP 89 Station Parade Harrogate HGI IHF
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Statement from Chair of Trustees for the year ended 31 March 2024 During and following Covid we reported that the challenges of that time would not define us we would be defined instead by our response to those challenges. The year in view for North Yorkshire Hospice Care has presented us with many challenges both related and unrelated to Covid; workforce shortages, a cost-of-living crisis, energy price increases, our healthcare partner NHS unable to cope with demand and a significantly increasing mental health need. Once again, we are delighted to report on our response to these challenges. We have continued to develop our Wellbeing Network providing facilitated peer support groups and pre bereavement support for individuals with a terminal diagnosis and a specialist breathlessness clinic. We have continued with our community-based service provision for those at the end of life across Hambleton, Richmondshire, Harrogate and Distrirt with an IIO/o increase in beneficiaries. We have also continued with the development of an Advanced Care Planning service and a palliative and end of life care service specifically aimed at those who are homeless. We have continued to increase our telephone and face to face based support for those facing grief, loss, anxiety, and mental health problems. We have been proattively delivering resilience support to frontline emergency services throughout the UK. We have developed specialist emotional wellbeing support services; for bereavement through suicide, those affected through the death of a UK Police Officer who has died in the line of duty and specialist support for those affected by gambling addiction. At the time of writing, we are on track for opening our new Hospice in Thirsk, Herriot Hospice@The Lambert. This will include a six bedded inpatient unit, a community hub, a new bereavement suite and a new base from which our community services will be co-ordinated. These are demanding times, and they are also exciting times during which we are able to ensure our services reach more people and reduce unmet need. All of this, of course, is happening as we continue with our established services- our ten bedded inpatient unit at Saint Michaels, the specialist support service for those living with Motor Neurone Disease, Just B Bereavement Support services for adults, children and young people, mental health support for adults, emotional wellbeing support in schools throughout our area and a full clinical SUPPOrt service for those living with Lymphoedema. Financially we have struggled with drops in voluntary income and real terms statutory funding not keeping pace with inflationary pressures. Despite this we have ensured that our services and growth can be sustained into the future. As we look back and look ahead, we find ourselves repeating last year's words as an organisation shaped and owned by local people. We believe we continue to be courageous and ambitious. Our response to the rapidly changing landscape continues to rely on adaptability as one of our greatest strengths. We would also like to take this opportunity to pay tribute, not only to the dedication of our staff, but also to our incredible volunteers working in every area of our Hospice life. We are driven by, motivated by, and indebted to your wonderful commitment and sUPPOrt - thank you.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 The Board of Trustees presents its Report which includes the Strategic Report and the audited financial statements for the year ended 31 March 2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective l January 2019). Administrative details The name of the charity is North Yorkshire Hospice Care which operates under the names of Saint Michael's Hospice, Saint Michael's, Just'B' and Talking Spaces and Herriot Hospice Homecare. The charity was established as a company limited by guarantee and incorporated on 8 April 1987 (company number 02121179) and registered with the Charity Commission (registered number 518905) on 22 June 1987. On 25 June 2020 the name of the company was changed from Harrogate District Hospice Care to North Yorkshire Hospice Care. Members of the Board of Trustees The Members of the Board of Trustees who served during the year and up to the date of this report were: Joint Chairs of Trustees: Joanne Crewe Colin Tweedle (resigned 5 June 2024) Trustees: Karen Wheeldon Mark Robinson Catherine Walters Peter Gibson MP Darryn Hedges Dr Hilary Enevoldsen Professor Brendan Gough Lesley Bers Jonathan Park Rebecca Fitzpatrick Andrew Makin Catherine Rustomji Gillian Wren Clare Hedges Timothy Milburn (resigned 25 September 2024) (resigned 25 September 2024) (resigned 19 June 2024) (resigned 25 September 2024) (resigned 25 September 2024) (appointed 25 June 2024) (appointed 26 June 2024) (appointed 25 June 2024) (appointed 22 July 2024) (appointed 26 May 2024) (appointed 19 October 2024) By agreement with the Board, meetings of Trustees were also attended by Anthony Collins (Chief Executive). The Trustees constitute Directors of the Charitable Company for the purposes of the Companies Act 2006. None of the Trustees had an interest in any of the charity's contracts either during or at the end of the financial year.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 StructureH governance and management Status of the Com an The governing document of the company is its Memorandum and Articles of Association. The company is a Registered Charity without share capital. The liability of members, in the event of winding up, is limited by guarantee in an amount not exceeding £1 per member. New Trustees are recruited from members of the public with an expressed interest in the organisation. Recruitment of Trustees is tailored to ensure that the Board has a broad spread of relevant skills and knowledge and is carried out following a full recruitment procedure including panel-based interviews. Trustees, terms of reference and terms of service have been produced and adopted by the Board. Trustees are given a detailed brief of the organisation and their duties and responsibilities before they take up their role and once appointed go through a comprehensive induction programme which includes a briefing from the members of the Leadership Team. A Statement of Duties and Responsibilities is signed up to by all Trustees. anisation The Board of Trustees meets at least 6 times per year and provides the overall strategic guidance and direction for the organisation and ensures that the highest standards of governance are maintained throughout all aspects of the organisation. The Board of Trustees approves the Organisational Strategy and the ensuing annual budgets and reviews and approves all policies and procedures, as well as monitoring ongoing performance against strategy and budget. Operational management and leadership of the organisation is delegated to the Chief Executive who works with the Leadership Group. The Board of Trustees has five sub groups.. Finance, People, Strategy Achievement. Clinical Governance and Client Services Governance. These groups work closely with the Chief Executive to ensure detailed review and effective governance. Senior mana ement and remuneration The Chief Executive of North Yorkshire Hospice Care is Anthony Collins. Management of the organisation, including responsibility for implementation of the agreed strategy within agreed budgets, is led by Tony and shared with a Leadership Team. In line with the Pay Policy of North Yorkshire Hospice Care, remuneration levels relating to any member of the Leadership Team will be considered by the People Trustee Group who will co-opt other Trustees to the group for this matter as deemed necessary. The remuneration of the Chief Executive will be reviewed by a remuneration committee constituted from the chairs of the Trustee Finance Group, the Trustees Clinical Govemance Group, the Trustee strategy Achievement Group, the Trustees Client Services Governance Group and the Trustee People Group as well as the Chair(s) of the Board of Trustees. Connected or anisation The trading arm of North Yorkshire Hospice Care is HDHC Enterprises Limited, an independent company whose annual report and accounts are produced separately. Further information is provided in note 16. Objectives and activities Charitable ob'ectives The Charity's objects are specifically restricted to promote the relief of sickness and mental health and promote wellbeing by such means as the Trustees shall from time to time think fit.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 Charitable aims North Yorkshire Hospice Care is a charity that exists to ensure people affected by terminal illnesses get the high quality end of life care they want, need and deserve. Since 1987 we have developed the specialist skills and local knowledge to promote and provide hospice care of the highest Standard. North Yorkshire Hospice Care also exists to ensure that adults, children and young people affected by bereavement and adverse mental health receive high quality SUPPOrt North Yorkshire Hospice Care is committed to: Continuing to improve and expand the services available from our hospice; Working in collaboration with the healthcare, social care, voluntary and corporate sectors to assist people who choose to live at home at the end of their lives. Running a comprehensive bereavement and mental health support service for adults, children and young people. This will include national Helplines. Seeking out groups of people who find our services difficult to access and developing our services (both existing and new) to improve accessibility. Playing a key role in the development of an end of life care strategy for the local and regional areas- Identifying and sharing excellent and innovative clinical practice through the development of an education programme for health professionals; Speaking out and standing up for the views of the people who use our services, our staff and supporters. North Yorkshire Hospice Care's vision is of a community where everyone gets the care they need to live their last years, months and days with respett and dignity. We believe personalised support should be available regardless of the illness a person is living with or the place from which they are receiving care. It is also our vision that everyone gets the support they need to help them with bereavement and adverse mental health. As an organisation, North Yorkshire Hospice Care is driven, caring and responsive. As people, North Yorkshire Hospice Care is inclusive, honest, passionate and innovative. All of North Yorkshire Hospice Care's services are free at the point of use and continue to be available thanks to the generosity of the communities we serve. The people of Harrogate, Knaresborough, Ripon, Wetherby, Pateley Bridge and the surrounding areas established Saint Michael's Hospice and the people of Thirsk, Northallerton, Richmond and surrounding areas established Herriot Hospice Homecare. The people of all these areas established Just B. We remain answerable to these people today.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Strategic Report Achievements and performance Review of activities and the Public Benefit We have referred to the guidance given in the Charity Commission's general guidance on public benefit when reviewing our aims, objectives and current activities and also in planning our future activities. There has been highly significant service development during the reporting period. At the end of the financial reporting period North Yorkshire Hospice Care was providing the following services to benefit the public: Ten beds providing specialist inpatient care: to manage pain and symptoms, for respite breaks and during the advanced stages of patients, illnesses. A wellbeing network providing a range of support and services for individuals living with terminal illnesses who live at home in the community, with medical and nursing support, including specialist support for breathlessness. A service for those who are homeless, working alongside other Homeless support organisations and increasing accessibility to our own Hospice care, bereavement and mental health support services. A service providing trained support for adults in drawing up advanced care plans A bereavement service for adults, children and young people providing resources, structured group/one to one support and fully trained individual face to face counselling, regardless of whether they were cared for by the hospice or not; Seven day Helplines providing support for people facing loneliness, anxiety, isolation, anxiety and grief. A specialist end of life care lymphoedema service. The provision of education and training aimed at increasing end of life care, bereavement and mental health knowledge and skills amongst health and social care professionals working outside of North Yorkshire Hospice Care The provision of a specialist co-ordination and support service for patients living with motor neurone disease and other neurological diseases working in the community directly with the patients; The building of a new 6 bedded inpatient ward to be based in Thirsk. A team of trained volunteers supporting and befriending patients in their own homes as part of the wellbeing Service. A team of trained Health Care Assistants working in the community providing care and support for individuals at the end of life. A team of trained Social Care Assistants providing social care and support for individuals in their own homes in the Yorkshire Dales A team of experienced and trained staff providing emotional well-being support for children and young people across secondary and primary schools. Our Volunteers North Yorkshire Hospice Care continues to be grateful for the enormous contribution made by volunteers throughout all aspects of hospice services. Our commitment to the recruitment, training and effective deployment of our volunteers remains strong and we are delighted that at the end of the reporting period the number of registered volunteers stood at over 450 (see note 2).
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 Financial review Income and expenditure summary 2024 £000 2023 £000 Change £000 Cost of hospice services Hos ice services fundin (6,107) (5,389) (718) 163 received Net cost of charitable activities (3,939) (3,058) (881) Net contribution from voluntary sources (net of expenditure) other income 3,370 130 2,147 105 1,223 25 Total {deficit)/surplus (439) (806) 367 The Charity incurred a deficit for the year of £439k compared to a deficit of £806k in the previous year. Net contribution from voluntary SoUrS 2024 £000 2023 £000 Change £000 Legacies Lottery Shops Fundraising and donations Gifts in kind 1,322 117 513 809 94 23 703 326 377 2,055 85 2,095 (40) 85 4,282 912 3,370 3,028 881 2,147 1,254 31 1,223 Cost of fund raisin Net contribution and ublici Legacy income increased by £809k compared to the previous year. Legacy income remains difficult to predict therefore the Trustees adopt a prudent policy in setting forecasts of income and expenditure which include legacies. The net contribution received from fundraising, donations and grants was £3,370k, an increase of £1,223k from the previous year.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 Liquidity and financial strength 2024 £000 2023 £000 Change £000 Cash flow Operating {oufflow)/inflow Capital expenditure net of proceeds from disposals Investment income (314) (1,928) 17 403 (717) (1,463) (465) 17 Financin Net cash (oufflow} 18 (63) (975) (912) Year end cash at bank 238 975 Reserves Unrestricted funds 4,855 482 4,174 681 Restricted funds Total 439 Reserves olic Solven Free ratio North Yorkshire Hospice Care's finances are managed robustly and transparently with income and expenditure closely monitored against pre-agreed annual budgets. The Board of Trustees has established a policy having regard to the volatility of income streams and having regard to those funds not committed or invested in tangible fixed assets. The Board of Trustees considers that the Charity should have reserves of between 200/0 and 50010 of expenditure. The Trustees consider that reserves at this level would enable the Charity to continue its cu rrent activities in the event of a significant drop in fund ing wh ilst alternative sources of funding and activities were considered. Free reserves are calculated as Unrestricted Current assets less Unrestricted Current Liabilities and capital commitments and stood at £994k at 31 March 2024 (2023: £1,666k), which is within the above range. The unrestricted reserves currently invested in tangible fixed assets are not included in this calculation. Lottery costs and depreciation are excluded from expenditure for the purposes of this calculation.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 The level of reserves is reviewed on a continuous basis. The budget for each year will be set including the level of reserves in the calculations and will aim to ensure that North Yorkshire Hospice Care's financial management is in compliance with this policy. Investment olic North Yorkshire Hos ice Care does not currentl have an investments From time to time, equity based shares are donated and these are retained either according to the wishes of the donor, or until such time as it is judged prudent to convert them into cash based savings. Future plans We are now at the half way point of the current strategy. We are following a number of agreed workplans all linked to the driving strategic aspirations, which are. Unmet need Improved accessibility Overall sustainability Improving and expanding our current services Expanding our range of services Equality, diversity and inclusion Collaborative and partnership working Quality and standards People Environment Fundraising activities North Yorkshire Hospice Care's fundraising team incorporates many fundraising initiatives including but not limited to. In Memory, Community, Corporate, third party and bespoke events, Regular/Individual giving, collection boxes, as well as Your Community Lottery. How we deliver the fundraising initiatives varies but would usually include face to face, telephone, written communication. Other methods could include cold calling but any approach made is in line with relevant legislation and guidelines. North Yorkshire Hospice Care is registered with the Fundraising Regulator and fundraising is overseen by the Deputy Chief Executive. North Yorkshire Hospice Care is also registered with the Gambling Commission ensuring all lotteries and raffle activity is in line with regulatory guidelines. All persons acting on behalf of North Yorkshire Hospice Care within a fundraising role do so in accordance with North Yorkshire Hospice Care's policies and procedures. Any third party fundraisers raising funds on North Yorkshire Hospice Care's behalf are monitored by the staff team and work in line with North Yorkshire Hospice Care's policies. For any professional fundraisers a signed agreement would be completed and the relationship monitored throughout via regular review. North Yorkshire Hospice Care's fundraising team works in line with North Yorkshire Hospice Care's policies on protecting vulnerable people and pays particularly close attention to the guidelines produced by the Fu ndraising Regulator and Institute of Fundraising regarding soliciting donations. For public facing fundraising activity, such as lottery canvassing the team adhere to a code of conduct and work in line with guidelines and rules set out by the Fundraising Regulator. The team also work in line with the'Fundraising with vulnerable people policy. and all team members carrying out this specific type of activity read and complete the canvasing Training Manual. We have not received any fundraising related complaints during the year.
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 Principal risks and uncertainties Risk mana ement The Board of Trustees identifies and regularly reviews major strategic risks to which the charity is exposed and has put systems in place to mitigate such risks, through policies and procedures. The organisation has completed risk assessments in support of fire safety, health and safety, food hygiene and infection control, which we consider to be the key risks to the organisation. All specific fundraising events are subject to individual risk assessments. Where risks have been identified, action has been taken to minimise them and insurance cover has been taken out where considered prudent. Statement of Trustees. responsibilities The Trustees (who are also directors of North Yorkshire Hospice Care for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Prartice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to.. Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP (FRS 102); Make judgements and estimate5 that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of disclosure to the auditor In so far as the Trustees are aware". There is no relevant audit information of which the charitable company's auditor 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 establish that the auditor is aware of that information. 10
Docusign Envelope ID.. OB16E6E1-B8244071-B86C-AF41997517B7 North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Report of the Trustees for the year ended 31 March 2024 Auditors Saffery LLP have expressed their willingness to continue in office. This report, which also incorporates the requirements of the Strategic Report, was approved by the Board of Trustees and signed on its behalf by: Ds*The by.. CA232C971A464 . Mr A Collins Date.. 31 January 2025 Company Secretary and Chief Executive
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Independent Auditor's Report to the Members of North Yorkshire Hospice Care Opinion We have audited the financial statements of North Yorkshire Hospice Care for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the charitable company's state of affairs as at 31 March 2024 of its income and expenditure for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially 12
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit- the information given in the Trustees. Annual Report which includes the Direttors, Report and the Strategic Report for the financial year for which the financial statements are prepared is consistent with the financial statements- and the Trustees. Annual Report which includes the Directors. Report and the Strategic Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report and Strategic Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees. remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Trustees. Responsibilities Statement set out on page 10, the trustees (who are also directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations made under that Act. Our objertives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material 13
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below. Identifying and assessing risks related to irregularities: We assessed the susceptibility of the charitable company's financial statements to material misstatement and how fraud might occur, including through discussions with the trustees, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the charitable company by discussions with trustees and updating our understanding of the sector in which the charitable company operates. Laws and regulations of direct significance in the context of the charitable company include The Companies Act 2006, and guidance issued by the Charity Commission for England and Wales and the Care Quality Commission. Audit response to risks identified: We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the charitable company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the charitable company's policies and procedures for compliance with laws and gUlationS with members of management responsible for compliance. During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud. There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detetting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities is available on the Financial Reporting Cou ncil's website at: www.frc.or auditorsres onsibilities. This description forms part of our auditor's report. 14
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. [.(* LLP Sally Appleton (Senior Statutory Auditor) for and on behalf of Saffery LLP 10 Wellington Place Leeds LSI 4AP Chartered Accountants Statutory Auditors Date.. 31 January 2025 Saffery LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 15
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Statement of Financial Activities (incorporating an Income and Expenditure Account) for the year ended 31 March 2024 Unrestrirted funds Restricted funds 2024 Total 2023 Total Notes Income from: Donations and grants 710,831 1,107,197 1,818,028 1,920,349 Gifts in kind 84,296 84,296 Legacies other trading activities 1,321,611 1,321,611 512,971 Fundraising activities 219,654 219,654 132,054 Sale of donated goods 2,033,931 2,033,931 1,954,217 Lottery income 192,309 192,309 208,782 Deed of covenant 25,641 Investments 17,429 17,429 16,774 4,580,691 1,107,197 5,687,888 4,770,788 Charitable artivities NHS funding Consultancy and Education 1,937,524 1,937,524 2,000,670 230,561 230,561 330,391 2,168,085 2,168,085 2,331,061 Other income 130,302 130,302 105,443 Total income 6,879,078 1,107,197 7,986,275 7,207,292 Expenditure on: Raising funds Fundraising and publicity Lottery expenditure 912,121 912,121 880,715 75,463 75,463 114,435 Cost of selling donated goods 1,330,846 1,330,846 1,628,444 2,318,430 2,318,430 2,623,594 Charitable activities Cost of providing hospice services 5,613,835 493,174 6,107,009 5,389,350 Total expenditure 7,932,265 493,174 8,425,439 8,012,944 16
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Statement of Financial Activities (incorporating an Income and Expenditure Account) for the year ended 31 March 2024 (continued) Unrestricted funds Restrirted funds 2024 Total 2023 Total Notes Net (expenditure)/ income (1,053,187) 1,734,474 614,023 {439,164) (805,652) (1,734,474) Transfers 14 Total funds brought forward 4,173,827 1,602,272 5,776,099 6,581,751 Total funds carried forward 17 4,855,114 481,821 5,336,935 5,776,099 The statement of financial activities also complies With the requirements for an income and expenditure account under the Companies Art 2006. The statement of financial activities includes all gains and losses recognised in the year. The results for the year all relate to continuing operations. A fully detailed Statement of Financial Activities for the year ended 31 March 2023 is shown at note 21. 17
Docusign Envelope ID.. OB16E6E1-B8244071-B86C-AF41997517B7 North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Balance Sheet as at 31 March 2024 2024 2023 Notes Fixed assets Tangible assets 5,540,503 3,891,638 Intangible assets 73,590 Current assets Debtors 1,966,394 1,455,343 Cash at bank and in hand 237,834 1,213,423 2,204,228 2,668,766 Current liabilities Creditors: amounts falling due within one year 10 (1,112,340) (669,623) Net current assets 1,091,888 1,999,143 Total assets less current liabilities 6,705,981 5,890,781 Creditors: amounts falling due after more than one year 12 (1,369,046) (114,682) Total assets less total liabilities 5,336,935 5,776,099 Reserves Unrestricted funds 13 4,855,114 4, 173,827 Restricted funds 14 481,821 1,602,272 17 5,336,935 5,776,099 The notes on pages 19 to 37 form part of these financial statements. The Financial Statements were approved by the Trustees and signed on its behalf by: DocUsJned ty. Svan1 by. ISA 7EnR?K.1nAF64Fr. Gillian 3É27854F¢... ren Chair of Finance Committee joanne Crewe Joint Chair of Trustees Date.. 31 January 2025 31 January 2025 Company Number: 02121179
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Statement of Cash Flows for the year ended 31 March 2024 2024 2023 Note Cash flows from operating activities Net cash (used in)/provided by operating activities 19 (314,237) 403,306 Cash flows from investing activities Investment income 17,429 16,774 Payments to acquire tangible fixed assets (1,844,230) (465,139) Payments to acquire intangible fixed assets (83,915) Cash used in investing activities (1,910,716) (448,365) Cash flows from financing activities Mortgage capital payments in year (20,046) (17,757) Increase in bank loans 1,269,410 Cash inflow/(oufflow) from financing activities 1,249,364 (17,757) Change in cash and cash equivalents in the year (975,589) (62,816) Cash and cash equivalents at the beginning of the year 1,213,423 1,276,239 Cash and cash equivalents at the end of the year 237,834 1,213,423
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Accounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows. Company information The Charity is a company limited by guarantee and a charity registered in England and Wales. The liability of the Directors is limited to £1. The registered office is Crimple House, Hornbeam Park Avenue, Harrogate, HG2 8NA. Accounting convention The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) {"Charities SORP (FRS 102)"), the Financial Reporting Standard applicable in the UK and Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011. North Yorkshire Hospice Care meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at cost or transaction value unless Otherwise stated in the relevant accounting policy notes. The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. Going concern The Trustees have prepared detailed cash flow forecasts for the period to March 2026. Based on these forecasts, at the time of approving the financial statements the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Income Income is recognised when the charity has entitlement to the funds, any performance conditions attaching to the item{s) have been met, it is probable that the income will be received and the amount can be measured reliably. Income received in advance of fundraising events is deferred until the event has taken place and the criteria for income recognition are met. Grants Income from government and other grants whether'capital grants, or'revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably and not deferred. Legacies For legacies, recognition is taken as the earlier of the date on which either-. the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the hospice that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy in whole or part, is only considered probable when the amount can be measured reliably and where the hospice is not aware of any potential challenge to the estate. Where legacies have been notified to the charity or the charity is aware of the granting of 20
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Notes to the Financial Statements for the year ended 31 March 2024 Accounting policies (continued) At 31 March 2024, the Charity was not aware of any legacies that it is entitled to but had insufficient information to measure the monetary value. Donated goods, services and facilities Donated professional services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from use of the item is probable and the economic benefit can be measured reliably. In accordance with Charities SORP {FRS 102), the value of volunteer time is not recognised in the financial statements. Please refer to the Trustees. Annual Report for more information. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. a corresponding amount is recognised in expenditure in the period of receipt. Income from goods donated for sale in the charity's shops is recognised at point of sale. As a result of the high volume of low value donated goods received by the charity the fair value of the stock is not recognised in the accounts. Interest receivable Interest on funds held on deposit is included when CeiVable and the amount can be measured reliably by the charity; this is normally upon notification of interest paid or payable by the Bank. Fund accounting Funds held by the charity are either: Unrestricted general funds - these are funds which can be used in accordance with the charitable objects of the charity at the discretion of the Trustees. Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrittions arise when specified by the donor or when funds are raised for particular restrirted purposes. Further explanations of the nature and purpose of restricted funds is included within the notes to the financial statements. Expenditure and irrecoverable VAT Expenditure is included in the Statement of Financial Attivities on an accruals basis, exclusive of any VAT which can be recovered. Expenditure which is directly attributable to specific activities has been included in the appropriate cost categories. Where costs are attributable to more than one activity (including support costs), they have been apportioned across the cost categories on a basis consistent with the use of these resources. Cost allocations have been based on staff time between each artivity. staff costs The costs of short term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period. 21
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Accounting policies (continued) Pensions The charity operates a defined contribution scheme. The assets of the schemes are held separately from those of the charity and are invested in independent funds. The charge to the Statement of Financial Activities ("SoFA'? represents the contributions payable by the charity to the scheme during the year. Operating lease agreements Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the SOFA on a straight-line basis over the period of the lease. Tangible fixed assets Tangible fixed assets costing more than £1,000 are capitalised and induded at cost including any incidental costs of acquisition. Depreciation is calculated to write off the cost or valuation, less estimated residual values, of tangible fixed assets over their estimated useful lives to the charity. The annual depreciation rates and methods are as follows-_ Leasehold property Freehold property Motor vehicles Fixtures and equipment Assets under construction Straight-line over the life of the lease See below 25 % on a straight-line basis 25 % on a straight-line basis Not depreciated until brought into use Land is not depreciated. No depreciation is charged on freehold property, other than impairments, as the Board of Trustees consider that the economic life and residual value of the property are such that any depreciation charge arising would be immaterial both on an annual and aggregate basis. Intangible fixed assets Intangible assets comprise primarily development costs of internal systems. Such assets are defined as having finite useful lives and the costs are amortised on a straight-line basis over 3 years. Intangible assets are stated at cost less amortisation and are reviewed for impairment whenever there is an indication that the carrying value may be impaired. Stocks Donated items of stock for resale are not included in the financial statements until they are sold as the Trustees consider it impractical to assess the amount of donated stock held as there is no System in place to record these items or value them until they are sold. The value of these goods to the charity is therefore recognised when they are sold in the shops. Financial instruments The charity has elected to apply the provisions of Sertion 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 22
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid. Financial assets are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the income and expenditure account. Creditors, loans and provisions Creditors, loans and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Financial liabilities are only derecognised when. and only when, the charity's obligations are discharged, cancelled or they expire. Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Taxation North Yorkshire Hospice Care is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordinglyi the Hospice is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising. Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision afferts both current and future periods. The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below. Residual values of freehold properties The charity owns freehold properties which are depreciated at cost less estimated residual value over the remainder of their useful economic life. The residual values are estimated based on the current market value of the properties assuming they are already of the age and condition expected at the end of their useful life. Legacies The value of accrued legacies are estimated based on management review of estate accounts and other information provided by executors. 23
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Income Donations and grants 2024 2023 Donations 1,560,090 1,717,629 Gift aid 257,938 202,720 1,818,028 1,920,349 Investments Interest on cash deposits 5,079 4,174 Rental income 12,350 12,600 17,429 16,774 The hospice benefits greatly from the involvement of its many volunteers, details of which are given in the trustees, annual report. In accordance with FRS 102, the economic contribution of volunteers is not recognised in the accounts. Total expenditure Year ended 31 March 2024 Direct staff costs Dirert costs Support costs Depreciation 2024 Total Expenditure on raising funds Fundraising activities Lottery expenditure C05t of selling donated goods 612,308 149,248 140,281 10,284 912,121 75,463 75,463 1,007,518 188,645 114,114 20,569 1,330,846 1,619,826 413,356 254,395 30,853 2,318,430 Expenditure on charitable activities Cost of providing patient services 3,227,607 1,088,549 1,616,016 174,837 6,107,009 Total expenditure 4,847,433 1,501,905 1,870,411 205,690 8,425,439 24
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Total expenditure (cont..) Year ended 31 March 2023 Direct staff costs Direct costs Support costs Depreciation 2023 Total Expenditure on raising funds Fundraising activities 601,683 131,703 138,726 8,603 880,715 Lottery expenditure Cost of selling donated goods 3,352 102,606 8,477 114,435 1,052,726 1,657,761 438,577 672,886 109,100 247,826 28,041 45,121 1,628,444 2,623,594 Expenditure on charitable activities Cost of providing patient services Total expenditure 3,067,955 752,925 1,424,594 143,876 5,389,350 4,725,716 1,425,811 1,672,420 188,997 8,012,944 Support costs Included in the analysis of total expenditure above are support costs, which have been allocated on an estimated time spent basis, as follows- Year ended 31 March 2024 Finance and staff $ts IT systems Admin costs 2024 Total Fundraising activities 114,114 14,578 11,589 140,281 Cost of selling donated goods Cost of providing hospice services 114,114 114,114 1 293 294 179 796 142 926 1 616 016 Total 1,521,522 194,374 154,515 1,870,411 Year ended 31 March 2023 Finan and IT systems Admin costs 2023 Total staff costs Fundraising activities 109,100 12,199 17,429 138,728 Cost of selling donated goods Cost of providing hospice services 109,100 109,100 1 236 462 150 453 1 424 592 Total 1,454,662 162,652 55, 106 1,672,420 25
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Net expenditure for the year 2024 2023 This is stated after char Depreciation of tangible assets 195,365 188,997 Amortisation of intangible assets 10,325 Auditor's remuneration - audit 19,400 18,800 other services 2,200 2,100 Operating lease rentals 135,812 217,987 Staff numbers and costs The average total number of employees during the year (including bank staff) was.. 2024 Number 2023 Number 249 243 The aggregate payroll costs for the year were as follows: 2024 2023 Wages and salaries Social security costs Other pension costs 5,185,908 4,812,805 457,818 414,762 577,868 399,590 6,221,594 5,627,157 Non-payroll costs including doctors fees and travel expenses 147,361 553,221 6,368,955 6,180,378 The number of employees with benefits in excess of £60,000, classified within bands of £10,000 2024 Number 2023 Number £60,001 £70,000 £80,001 £90,000 £90,001 £100,000 £100 ooi £110 000 The Trustees did not receive any remuneration benefits, or out of pocket expenses during the year (2023 - none). The key management personnel of the Charity comprise the Trustees and the 5 members of the senior management team being the Chief Executive, Deputy Chief Executive, Director of Client Services and Director of Strategy and Director of Development {2023 senior management team comprised 5 members). The total remuneration of the key management personnel employed by the Charity was £384,336 (2023 - £356,899 for the 5 members). 26
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Tangible fixed assets Assets under construction Freehold Leasehold land and land and buildings buildings Fixtures Motor and vehicles equipment Total Cost At l April 2023 Additions 710,653 4,031,380 599,649 75,812 1,482,423 6,899,917 1,713,090 4,200 48,346 78,594 1,844,230 At 31 March 2024 2,423,743 4,035,580 647,995 75,812 1,561,017 8,744,147 Depreciation At l April 2023 1,165,979 494,335 68,061 1,279,904 3,008,279 Charge for the year 46,214 21,848 3,875 123,428 195,365 At 31 March 2024 1,212,193 516,183 71,936 1,403,332 3,203,644 Net book values At 31 March 2024 2,423,743 2,823,387 131,812 3,876 157,685 5,540,503 At 31 March 2023 710,653 2,865,401 105,314 7,751 202,519 3,891,638 Included above is £5,754,169 (2023 - £3,141,059) in respect of freehold land and buildings which has not been depreciated in accordance with the tangible fixed assets accounting policy. Assets under construction represent the transfer in and capital work on Lambert Hospital, as disclosed in note 2, and subsequent capital expenditure. Assets under construttion are not depreciated until brought into use. Intangible fixed assets Software Total Cost At l April 2023 Additions 83,915 83,915 At 31 March 2024 83,915 83,915 Amortisation At l April 2023 Charge for the year 10,325 10,325 At 31 March 2024 10,325 10,325 Net book values At 31 March 2024 73,590 73,590 At 31 March 2023 27
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 Debtors 2024 2023 Trade debtors 150,635 145,192 Other debtors 134,531 11,997 VAT recoverable 60,551 98,382 Prepayments 120,858 77,840 Accrued income 1,499,819 1,121,932 1,966,394 1,455,343 The above includes accrued income of £1,387,881 (2023 - £586,815) in respect of legacies of which £1,002,489 {2023 - £379,252) was notified in the year. io. Creditors: amounts falling due within one year 2024 2023 Trade creditors 644,292 124,080 Taxes and social security costs 211,516 118,664 Other creditors 42,573 67,903 Accruals and deferred income (Note 11) 198,913 338,930 Mortgage: capital payments due in next 12 months (Note 12) 15,046 20,046 1,112,340 669,623 See note 12 for details of mortgage including security and charges. ii. Deferred income 2024 2023 At l April 2023 Amount released to income 161,539 (161,539) 146,558 (146,558) 161,539 Amount deferred in the year At 31 March 2024 161,539 28
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 12. Creditors: amounts falling due after more than one year 2024 2023 Mortgage.. capital payments due after more than one year 1,369,046 114,682 An analysis of the maturity of the loan is given below: 2024 2022 Mortgage.. capital payments due in next 12 months Mortgage." capital payments due after more than one year.. 15,046 20,046 Amounts due within one to two years 21,978 20,046 Amounts due within two to five years 76,874 60,399 Amounts due after more than five years 1,270,194 34,237 1,369,046 114,682 Total outstanding 1,384,092 134,728 The mortgage is secured by a debenture comprising fixed charge on the freehold building and floating charges over all the assets of the company. The mortgage is repayable in monthly instalments ending in September 2029. Interest on the loan facility is chargeable at 4.06010. 13. Unrestricted funds 2024 2023 At l April 2023 4, 173,827 5,562,673 Net (expenditure) (1,053,187) (1,388,846) Transfers 1,734,474 At 31 March 2024 4,855,114 4,173,827 29
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 14. Restricted funds For the year ended 31 March 2024 Balance at l April 2023 Balance at 31 March 2024 Income Expenditure Transfers Saint Michael's at Starbeck 23,762 (23,762) Lambert Hospital 350,000 350,000 IPU equipment 39,945 1,500 (41,445) (283) (1,803) (481) (6,122) DTU equipment Pool Car NYCC Cllr Locality Budgets 3 IPU/DTU refurbishment 2018 Simulation equipment Herriot Hospice Homecare Lambert building supporters Lambert building grants CRASH 283 3,750 481 1,947 8,367 2,152 2,245 2,152 110,375 (65,730) 44,645 824,884 227,090 (1,051,974) 103,000 193,000 (296,000) (30,000) 30,000 Breathlessness project 7,631 15,000 (22,631) Homelessness project Children in Need 6,334 (6,334) (29,991) (500) 29,991 IPU Trusts and Donations 500 John Horseman Trust 5,000 (5,000) (56,586) (11,000) Just B Trusts and Donations 56,586 Ministry of Justice 11,000 MND Nurse 9,986 (9,986) NYCC Starfish Project NYCC Stronger Communities 10,000 (10,000) (51,587) 17,500 26,486 {7,601) The Grace Trust 2,250 2,250 The Wolfston Trust 50,000 (50,000) (3,000) Volunteer Training/Expenses 3,000 Other funds 11,558 9,600 (12,621) (3,088) (400) 8,537 Sir Alec Black - Bed Linen 5,003 1,915 Warburtons - Just B COMS 400 NYCC - Membership of the Federation of Small Businesses (FSB) National Lottery Awards for All Gambleaware- Just B Oasis 1,076 {1,076) 19,261 19,261 46,290 (46,290) Lambert Beds & Mattresses 14,130 14,130 30
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Lambert Treatment Bed 1,459 1,459 The Percy Bilton Charity Lambert Hoist System 700 700 75,000 (75,000) Lambert Kitchen Equipment Lambert Rise Recliner Chairs 5,000 {5,000) 13,760 25,000 13,760 Lambert Sanitary Ware (25,000) Lambert Syringe Driver Lymph Doppler Hospice UK - Rural 1,500 {1,500) 1,135 21,764 1,135 21,764 Creative Resource5 - SMH and JustB 2,000 (2,000) SMH Garden 3,860 (338) (6,570) 3,522 SMH Syringe Driver 6,570 Legacy- Wellbeing 2,000 (2,000) HOME 522 (522) (10,028) Percy Bell Ostrich Foundation 10,028 12,000 (12,000) Community Ownership Fund 250,000 (250,000) (493,174) (1,734,474) 1,602,272 1,107,197 481,821 The fund transfer of £1,734,474 relates to donations and grants received to fund capital work at the Lambert which has now been completed. 31
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 14. Restricted funds (continued) Fund Purpose This represents funds to purchase and convert a property in Starbeck to enable Saint Michael's to extend its reach into the community. The Department of Health gave £341,290 to help fund this project, along with £10,000 from Garfield Weston Foundation and The Rayne Foundation and Big Lottery Fund Grant. This represents the gift of the premises of Lambert Hospital from Hambleton District Council which is to be developed as a centre to provide end of life care. Several trusts have contributed valuable funds enabling us to ensure out Inpatient Unit is suitably equipped. Several trusts have contributed valuable funds enabling us to ensure our Day Therapy Unit is suitably equipped. A fund that supports our pool car which delivers care and services in the community. Saint Michael's at Starbeck Lambert Hospital IPU equipment DTU equipment Pool Car Other trusts have contributed valuable funds enabling us to provide our Just B services to adults, children and young people. Support for emotional wellbeing, bereavement and trauma. Just B IPU/DTU Refurbishment Simulation equipment Herriot Hospice Homecare A fund to support improvements to our Inpatient and day patient services. A grant to cover the costs of the purchase of digital simulation equipment to support with patient care experience. Funding to support with the delivery of our Herriot Hospice Community Services. Lambert Development A range of trusts, grants and donations (including from the Community Ownership Fund) which were direrted to support with the costs of renovating the Lambert Memorial Hospice into the Lambert Hospice. Breathlessness project Homelessness projett Children in Need Funding provided to enable us to pilot a breathlessness crisis response service for people with advanced lung disease A grant to cover a pilot project to explore how we can work with those who are homele55 at the end of life. A fund to provide support workers to support CYP with pre and post bereavement. 32
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 14. Restricted funds (continued) Just B CYP Services A range of trusts, grants and donations which were directed to support with the costs of supporting children and young people with pre/post bereavement needs. NYCC stronger Communities Environmental improvements Sir Alec Black l Grant awarded for self-harm support services, 2 Grant to support Harrogate and Craven Suicide Prevention, 3 Grant to support suicide prevention for men, Herriot Hospice Homecare, 4. To deliver a postvention service across North Yorkshire Support pledged from The Wolfson Foundation to support with improvements to our crimple house sites environmental impact A fund to provide bed linen at our Lambert site. NYCC - membership of the Federation of Small Businesse5 FSB A fund to allow the hospice to be part of the membership of the federation of small businesses Gambleaware A fund to pilot a service to support families of those affected by gambling. A fund to pilot a service expansion and integration in super rural areas of North Yorkshire A fund to supply the hospice with new syringe drivers to care for end of life care patients. A fund to support police officers with bereavement and trauma support. Hospice UK - Rural Syringe drivers Moj Wolfson A fund to cover training and accreditation. MND Nurse A fund to support the costs of the provision of our MND Nurse. Other This comprises restricted funds with an individual balance carried forward of less than £3,000. 33
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 14. Restricted funds (continued) For the year ended Balance at 31 March 2023 l April 2022 Balance at 31 March 2023 Income Expenditure Transfers Saint Michael's at Starbeck 66,887 350,000 (43,125} 23,762 350,000 Lambert Hospital IPU equipment 61,478 (21,533) (146) (3,875) (819) 39,945 DTU equipment Pool Car 429 283 7,625 819 3,750 NYCC Cllr Locality Budgets 1 NYCC Cllr Locality Budgets 2 NYCC Cllr Locality Budgets 3 1,927 1,000 1,500 (3,427) (519) 481 IPU/DTU refurbishment 2018 Simulation equipment Herriot Hospice Homecare 15,851 2,152 (7,484) 8,367 2,152 110,375 110,375 Lambert building supporters Lambert building grants CRASH 320,004 504,880 824,884 103,000 103,000 30,000 30,000 Breathlessness project Homelessness project Children in Need 39,870 (32,239) (22,769) (29,991) 7,631 29,103 6,334 29,991 Hospice UK - Frailty Care IPU Trusts and Donations 37,230 (37,230) (10,923) (3,000) 10,923 John Horseman Trust 3,000 Just B Trusts and Donations 34,924 (34,924) Masonic Charitable Trust 29,103 (29,103) (11,000) Ministry of Justice 11,000 MND Nurse 21,109 (21,109) (10,000) (17,500) NYCC Starfish Project NYCC Stronger Communities 20,000 10,000 35,000 17,500 Reeth Project The Grace Trust 25,000 (25,000) 2,250 2,250 The Wolfston Trust 50,000 50,000 Volunteer Training/Expenses Armed Forces 30,835 (30,835) 426 (426) (171) Other funds 11,558 171 11,558 1,019,078 980,342 (397,148) 1,602,272
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 15. Financial commitments At 31 March 2024 the charitable company had outstanding commitments for future minimum lease payments under non-cancellable operating leases which fall due as follows: Other operating leases Other operating leases Land and buildings 2024 Total Land and buildings 2023 Total Due within one year 158,854 6.326 165.180 97.910 37,902 135,812 Due between two and five years 487,833 20.436 508.269 178.229 90,645 268,874 Due after five years 36,408 420 36,828 683.095 27.182 710,277 276,139 128,547 404,686 16. Related party transactions HDHC Enterprises Limited ("HDHCEJ is related to the Hospice by way of common directors. Included within other debtors is £4,075 payable by HDHCE (2023 - other debtors is £4,075 payable by HDHCE). HDHCE generated profit in the year of £nil which was given to the Charity under a Deed of Covenant (2023 - £25,641). Tina Hedges is the spouse of Darryn Hedges (a Trustee and director appointed I l March 2021, resigned post year-end) and is employed as part of the senior management team by the Charity and received a salary and pension contributions during the period to 31 March 2024 of £49,844 (period to 31 March 2023 £39,130). Anthony Collins (CEO) is a trustee of Hospice UK ("HUK°). Included within income is £38,437 for grants and other services provided by North Yorkshire Hospice Care (2023 - £269,417), included within purchases is £9,022 (2023 £nil) and included within creditors is £152,336 payable to HUK by North Yorkshire Hospice Care (2023 - debtor of £23,990 payable by HUK), as well as deferred income included in creditors totalling £nil {2023 £143,936). 17. Analysis of net assets between funds Fund balances at 31 March 2024 Unrestricted funds Restricted funds Total Tangible fixed assets Intangible fixed assets 5,156,757 383,746 5,540,503 73,590 73,590 Current assets 2,106,153 98,075 2,204,228 Current liabilities (1,112,340) (1,112,340) Liabilities due after more than one year Total net assets (1,369,046) (1,369,046) 4,855,114 481,821 5,336,935 35
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 17. Analysis of net assets between funds (continued) Fund balances at 31 March 2023 Unrestricted funds Restricted funds Total Tangible fixed assets 2,507,647 1,383,991 3,891,638 Intangible fixed assets Current assets 2,450,485 218,281 2,668,766 Current liabilities (669,623) (114,682) (669,623) (114,682) Liabilities due after more than one year Total net assets 4,173,827 1,602,272 5,776,099 18. Capital commitments At 31 March 2024 the charity was committed to capital expenditure of £nil (2023 £nil). 19. Reconciliation of net movement in funds to net cash provided by operating activities 2024 2023 Net (expenditure) (439,164) (805,652) Investment income (17,429) 195,365 (16,774) 188,997 Depreciation Amortisation 10,325 (Increase) / Decrease in debtors (511,051) 947,438 Increase in creditors 447,717 89,297 Net cash (oufflow)/inflow from operating activities (314,237) 403,306 20. Net debt 31 March 2024 Cash at bank and in hand 1,213,423 (975,589) 237,834 Mort 134 728 1 249 364 1 384 092 Net cash 1,078,695 (2,224,953) (1,146,258) 31 March 2023 Cash at bank and in hand 1,276,239 {62,816) 1,213,423 Mortgage (152,485) 17,757 (134,728) Net cash 1,123,754 (45,059) 1,078,695 36
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Notes to the Financial Statements for the year ended 31 March 2024 21. statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2023 Unrestricted funds Restricted funds 2022 Total Income from: Donations and grants 940,007 980,342 1,920,349 Legacies 512,971 512,971 Other trading activities Fu ndraising activities 132,054 132,054 Sale of donated goods 1,954,217 1,954,217 Lottery income 208,782 208,782 Deed of covenant 25,641 25,641 Investments 16,774 16,774 3,790,446 980,342 4,770,788 Charitable artivities NHS funding 1,598,901 1,598,901 NHS Fast Track funding for Home Service Education and services 401,769 401,769 330,391 330,391 2,331,061 2,331,061 Other income 105,443 105,443 Total income 6,226,950 980,342 7,207,292 Expenditure on: Raising funds Fu ndraising and pu blicity 880,715 880,715 Lottery expenditure Cost of selling donated goods 114,435 1,628,444 2,623,594 114,435 1,628,444 2,623,594 Charitable artivities Cost of providing hospice services 4,992,202 397,148 5,389,350 Total expenditure 7,615,796 397,148 8,012,944 37
North Yorkshire Hospice Care Operating as Saint Michael's Hospice, Herriot Hospice Homecare & Just B Financial Statements for the year ended 31 March 2024 21. statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2023 (continued) Unrestricted funds Restricted funds 2022 Total Net (expenditure)/income (1,388,846) 583,194 (805,652) Total funds brought forward 5,562,673 1,019,078 6,581,751 Total funds carried forward 4,173,827 1,602,272 5,776,099 38