Company registration number: 02263960
Charity registration number: 519659
ow Burn
Derweniside Hospice Care Foundation
(A company limited by guarantee)
Annual Report & Financial Statements
for the year ending 31 March 2025

Derwentside H05pice Care Foundation
Table of Contents
Reference and Administrative Details....................................................................................................
Trustees, Annual Report...........
Statement of Trustees, Responsibilities..............................................................................................,16
Independent Auditor's Report to the members of Derwentside H05pice Care Foundation...............17
Statement of Financial Activities for year-ended 31 March 2025.......................
.22
Balance Sheet for the year-ended 31 March 2025...............................................................................23
Statement of Cash Flows for the year-ended 31 March 2025 .
.24
Notes to the Financlal Statement5 for the year-ended 31 March 2025 .
.25

Derwentside H05pice Care Foundation
Reference and Administrative Detai15
Company Registration Number
02263960
Charlty Registration Number
519659
Sollcltors
Ward Hadaway
102 Quayside
Newcastle upon Tyne
Tyne & Wear
NEI 3DX
Bankers
Lloyds Bank
I Victoria Road
Consett
Durham
DH8 SAE
CAF Bank Limlted
Head Office
Kings Hill
West Malling
Kent
ME194TA
Investment Managers
CCLA Investment Management Limited
One Angel Lane
London
EC4R 3AB
Audltor
S&WAudit
17 Queens Lane
Newcastle upon Tyne
NEI IRN

Derwentside Hospice Care Foundatlon
Trustees
P Jackson (Chair) (Resigned November 2024)
J Robinson (Chairl (Appointed Novernber 2024)
A Allon
R Bennett (Resigned November 20241
S E Brent {Resigned May 20251
K Bullen (Appointed November 20241
l A Burke
N Hanson (Appointed May 20251
Ljeavons (Appointed May 2025)
Dr C T Kelly
M H McArdle
P Morton (Appointed November 2024)
P Pollard
T Prior (Appointed May 2025)
L Telford
Key Management Personnel
D E Barker- Chief Executive
R Quince- Deputy Chief Executive and Head of Marketing
& Fundraisin8
C Hagrl - Head of Clinical Services
A Watson- Head of Finance
J Crisp- Head of Facilities & Administration
Prlnclpal Offlce
Willow Burn Hospice
Howden Bank
Lanchester
Durham
DH7 OQS
The charSty is Incorporated in England and Wales.
Trustees, Annual Report
The Trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements and auditors, report of the charitable company for the year ended 31
March 2025.

Derwentslde Hosplce Care Foundation
Trustees, Annual Report
Report from the Chalr of the Board
My connections to Willow Burn Hospice are both professional and personal.
I first knew of Willow Burn when l attended the opening of the Helen McArdle In Patient Wing in
June 2019 in my former capacity as Corporate Director, Adult and Health Services at Durham County
Council. Then in 2022 my mum spent the last few weeks of her life at the hospice and our family
were extremely grateful for the high quality care and support we received.
When the vacancy for Chair of the charity was advertised in early 2024,1 saw it as an opportunity to
both give something back but also be more involved in a sector which has interested me throughout
my career, so I wanted to throw my hat in the ring.
At this polnt I would like to pay trlbute to my predecessor in the role, Paul Jackson, l am grateful to
Paul for handing over a strong and dynamlc organisation. Paul's commitment to Wlllow Burn
contlnues in his capacity as Honorary President.
These accounts, in part, cover my first year in the role and I have been highly impressed by the
quality of services patients at the hospice receive. The Helen McArdle In Patient unit provides
palliative and end of life support and the Sir Tom Cowie Day Centre enables patients to live well
with thelr condition. These key services are augmented by family support and bereavement
counselling support, including children's bereavement coun5elling. All servlces are provided by a
small and dedicated staff team, supported by an amazing group of volunteers. Volunteers provide a
vltal service in supporting our shops, cafe, gardens, reception, admlnistration and, of course, our
Trustee Board are all volunteers. The charity is rightly grateful to all volunteers for giving up their
tlme and energy for the benefit of others.
Fundlng for the hospice comes through two main routes. The majority is raised through a rnyriad of
charltable fundraising activities supported by a contract from the North East and North Cumbria
Integrated Care Board (NENC IC8).
The financial results hlghlighted in these accounts show a hugely successful year for the charity,
despite operating in a tremendously difficult financial environment. The success is due, at a large
degree, to legacies left to the charity and we are extremely grateful to anyone who ha5 or would
like to consider leaving a gift to the hospice.
I feel honoured to lead this charity and look forward to realising our vison where we are part of a
communlty which treasures lives and where everyone is supported to live well and die well.
I have pleasure in commending this report.
Jane Robl
Chair of the Board of Trustees

Derwentslde Hospice Care Foundation
Trustees, Annual Report (continued)
Structure• governance and management
Nature of governlng document
The organisation is a charitable company Ilmited by guarantee, incorporated on 2 June 1988.
The charitable company was established under a Memorandum of Association that established the
objects and powers of the organisation and is governed under its Articles of Association passed bv
special resolution in January 2013 and last updated on 19 May 2022. In the event of the charitable
company being wound up, members are required to contribute an amount not exceeding £10.
Organlsational structure
The charity is governed by its board of trustees who are also the appointed directors of the company.
The number of trustees at present is twelve. The Trustees who served during the year, and were In
office up to the signing of thls report were:_
A Allon
R Bennett (Resigned November 2024)
S Brent (Resigned May 2025)
K Bullen
l Burke
N Hanson
L Jeavons
P Jackson (Retired November 2024)
Dr C Kelly
M McArdle
P Morton
P Pollard
T Prior
J Robinson
L Telford
Recrultment and appolntment of trustees
Trustee5 can be elected or co-opted during the year and their appointment is confirmed at the Annual
General Meeting {AGM}. At each AGM one third of the Trustee5 must retire from office. The Trustees
to retire by rotation are those who have been longest in office since their last appointment.
The Trustees aim to maintain a balanced skills and knowledge base amongst the Board members by
identifying skills shortages when an opening exists for a new Member. Representation relevant to the
servlce user group is a key factor given the charity's mission.

Derwentslde Hospice Care Foundation
Trustees, Annual Report (contlnuedl
The Trustees are required to meet at least four times per year. At these meetings members receive
detailed management accounts (including cashflow projections and reforecasts) 35 well as reports on
operational activities each month. The Board also receive regular presentations and reports on any
major developments or proposals. They participate in the strategic planning process and have
ultimate responsibility for approval of the strategic plan.
Inductlon and trainlng of trustee5
New trustees are provided with a proper induction process and pack which details everything they
need to know about the charity as well as their responsibilities as a trustee. Briefing papers and
familiarisation training are affected for all trustees, as deemed necessarv.
Sub-commlttees
The Board of Trustee51s supported by the following 3 sub-commlttees:
Flnance Sub-committee which comprises of at least two trustees who are independent of the
management team. At least one trustee is free from any relationship that in the opinion of the
board would interfere with the exercise of independent judgement as members of the group. The
responsibllity of the group is to provide an effective review process of both current and future
financlal performance. The group meets at least four times a year, with monthly performance
reporting continuin8 between meetings. The Head of Finance supports this sub-committee. The
focus of the group Is to contlnue to strengthen the charity day-to-day, and develop the long-term
future of the organlsation, while ensurin8 fruitful and prudent utilisation of its resources.
Charit & Resources Sub-committee
formerl Fundralsln
& General Pur
oses
which
comprises of at least two trustees who are independent of the mana8ement team who are free
from any relationship that in the opinion of the board would interfere with the exerclse of
independent judgement as members of the group. The group meets at least four times a year,
The Deputy Chief Executive & Head of Marketing & Fundraising supports this sub-committee. The
responsibillty of the group is to provide an effective challenge and support in terms of business
development, IT, HR, fundraising and marketing of the charity, in line with the wider strategic
aims of the hospice.
uallt & Com
Ilance 5ub-Committee which comprises of at least two trustees who are
Independent of the management team who are free from any relationship that in the opinion of
the board would interfere with the exercise of independentjudgement as rnembers of the group.
There is also a mernber of the sub-committee who is not a trustee to provide independent
assurance and challenge to the group. The group meets at least four times a year. The Head of
Clinical Services supports this sub-committee. The responsibility of the group is to provide an
effective audit mechanism of current and future clinical activity and the development of future
cli nical strategy.

Derwentside Hospice Care Foundation
Trustees, Annual Report (continued)
Day-to-day management
The Chief Executive is responsible for the day-to-day management of the charity's affairs and for
implementing the strategy a5 agreed by the Board. This is done within the boundarie5 of the budget
and various policies and procedures also agreed by the Board. The Chief Executive appraises the Chair
of any significant issues that may arise between formal meetings. The Chief Executive is supported by
a Senior management team that currently consists of the Deputy Chief Executive & Head of Marketing
and Fundraising, Head of Clinical Services, Head of Finance and Head of Facilities and Administration.
The management team {including the Chief Executive) hold regular meetings as needed, to address
all relevant operational issues.
Key Management Personnel
The Board, who 8lve their time freely and received no remuneration in the year, have consldered who
the Key Management Personnel (KMP) of the charity are, as noted in the Reference and
Administration section. Together with the Board, these KMP are those In charge of directing and
controlling, running and operating the activities of the charity on a day-to-day basis. The pay of the
KMP is reviewed annually. The Trustees benchmark against pay levels of other charities and slmilar
organisatlons within the sector and the region. Pay levels are set using this information together with
the budget and forecast information, ensuring that the Charity can afford any proposed increases.
The Board then agree any uplift to remuneration. Details of the KMP can be found on page 3.
Objectives and actlvlties
Objects and alms
Derwentside Hospice Care Foundation's objects are to promote the relief of sickness by -
Providing appropriate care to people in the life limlting phase of their illness and to support
the whole family durin8 this time and in bereavement.
Establishing, malntaining and conductlng hospitals, residential nursing homes and clinics for
the reception and care of person5 suffering from any illness, disability, disease or other
infirmity whether physical or mental and providing medical or other treatment and attention
for any such persons either in their own home or at any institution of the charity.
Promoting or assisting in the teaching or training of doctors, nurses, physiotherapists and
other persons engaged in any branch of medicine, surgery, nursing or allied services, and in
the teaching or training of students in any branch of medicine, surgery, nursing or allied
services.
Conducting or promoting research into palliative care and treatment of persons suffering from
any such illness, disability, disease or infirmity as aforesaid and particularly into the care and
treatment of persons suffering from cancer or terminal illness and to disseminate the useful
results thereof to the publlc.

Derwentside Hospice Care Foundation
Trustees. Annual Report (continued)
Providing such medical supplies, equipment and apparatus, drugs, amenities, comforts and
other things conducive to the material or spiritual welfare of any person resident or working
in any institution of the charity or any person being treated or attending in their own houses
that the charity may think fit.
Arranging lecture5 and conducting training courses and publishing pamphlets, books, journals
and other publication5 relating to the working of the charity.
Fundralslng disclosures
The charity's Deputy Chief Executive and Head of Marketing & Fundraising continues to be a member
of the Institute of Fundraising, and the charity follows best practice and regulations In all its
fundralsing activity. No complaints relating to fundraising activities have been received within the
reporting period. The charity is registered with The Fundraising Regulator.
Public beneflt
The trustees conflrm that they have complied with the requirements of section 17 of the Charltles
Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
The Mlsslon, Vlson & Values of the charltv
To deliver hospice care of the highest standard to our patients and those important to
them- now and in the future.
MIs51on
We ar8 part of 8 communlly whlch treasures livos and where everyone Is supported lo livo
well and die well.
Vision
Carlng: We put care, compasslon and dignity at the heart of everythlng we do.
Asplrln8: We are passlonate about dellverfn8 servlces of the hlghest standard.
Responslble: We are a responsible organisation that people can trust.
Empowerlng: We support and enable people to make the cholces that matter to them.
Values

Derwentside Hospice Care Foundation
Trustees, Annual Report (continued)
Strateglc priorities
h-d
Governancè
Commurilt
Strategic Prioritles 202512026
Flnanclal
Su8talnablllty
Compllance
• Tru8tee Engagement
Ral8e Publlc Profile
• Talk About Death
• Communlty
Partnershlps
• Clinical Staff Plan
Develop Assisted
Dying Response
Digitalisation
Service Development
The charity's Strategic Prloritles are approved annually by the Board of Trustees and a detailed
delivery Action Plan is developed in order to ensure progress is made towards achieving the
strate8ic aims. The Action Plan is review quarterly at Trustee meetings.
Cllnlcal Servlces - In patlent unlt
Willow Burn Hosplce has in-patient capacity of six beds in the Helen McArdle Wing. Four of these are
currently commlssioned by the North East and North Cumbria Integrated Care Board to provide end-
of-life care, symptom management and crisis intervention respite support. Spot Purchase requests
for the additional beds are made for individual need for end-of-life patients. A further contract has
been agreed with Continuing Health Care (CHC) for patients who may require longer term funding in
a hospice bed where they are assessed either as not suitable for a nursing home placement or have
a unique set of circumstances and 'fit' with the philosophy of hospice care.
Admissions are arranged through professional referrals and assessed and considered on a priority
need basis. All patients and families have access to our family support team to meet their
Psychological and emotional needs as part of a holistic package of care. The in-patient unit is staffed
continuously by one Registered Nurse {RGN) and one Healthcare Assistant {HCAI, with additional
staffing assessed for higher dependency and/or occupancy.
Durin8 the year ended 31st March 2025, the in-patient unit cared for 94 patients and their families.
Average length of stay was 10 days.

Oerwentside Hospice Care Foundatlon
Trustees, Annual Report (contlnuedl
Cllnical support is undertaken through the deployment of Hospice Doctors. When taken with our
additional Service Level Agreement for Consultant cover, we have direct medical review available four
days per week with plans to increase this to five. Arrangements are also in place to ensure additional
appropriate medical review is available whenever needed.
Hospice Day Services
Day Centre services continue to meet the needs and wishes of the patients within the philosophy of
supporting them to 'live well with their illness,. The service 15 provided three days a week and is
managed with a dedicated RGN and HCA. The service provided support to 194 patient51120 patients
in the previou5 year) and their families in the reporting period to ended 31st March 2025. A 12-week
programme of planned activity within a period of attendance is usually offered, and support and sign-
posting to other services is undertaken in preparation for discharge or if referrals to the service do
not match with our provision. We continue to work with other organisatlons for reciprocal referrals
in and out of services e.8. County Durham Carers and Macmillan Cancer Support. Day centre services
are augmented by a Complementary Therapy Service offering a range of relaxation and wellbelng
therapies. In the year ended 31st March 2025 this service provlded in excess of 500 complimentary
therapy sesslons to In-patients, day service patients and carers.
Famlly Servlces and Bereavement Support
Family Services and Bereavement support team worked with 189 patients (173 in the previous year)
and thelr families throu8hout the year. They provide much needed support and counselling to adults
and there is also a children's counselling service available.
The Hospice has a current Care Quality Commission rating of Good (last inspected 20161.
Our Hospice
PatSent Care
In patients
Day Servlce patlents
Family Support patlents
2024125
94
194
189
2023124
102
120
173
2022123
84
115
218
2021122
85
51
178
Annual Action Plan achievements
The Charity develops an annual, Action Plan around the three strategic priorities of Good Governance,
Community Engagement and Talk about Death. Some achievements are-
Good Governance
Recruited new Trustees with expertise in IT, Retail, Quality and Business
Embedded Blue Stream HR and Training system
Transitioned to new IT support partner
Restructured retail department (including opening a new shop in Lanchesterl
Secured Disability Confident Level 2 status

Derwentside Hospice Care Foundation
Trustees, Annual Report (continued)
Community Engagement
Developed Will O'Burn mascot concept to engage younger people
Launched 'Compasslonate Willow Burn, project to further enable community support
Reduced electricity usage from 120,000 to 62,000 Kwh in two years wlth positive impact on
carbon footprint
Talk about death
Engaged In the Assisted Dying debate at local, regional and national levels
Received approval to develop Doctor input from three days per week to five
Launched Dementia Carers support programme
"I tuantel to take a moment to exrress my Aeartfelt3rat1t￿de for tAe eKcertiona
care an4 eomrassion yorf rroui4e4 to my gran4motAer Iiirin3 Aer time witAy0￿.
Your team went 46ove an4 6eyon4 to ensmre Aer comfort, 4ignity anl well-6eing
an4 it mednt tAe world to 0￿r famil). We are tr￿158r4tef￿( for tAe kindness and
f rofes&iortalism sAown 6y eueryorte involve4. Yoxr 4eJication to f rovi4e SMCA
ujarm an4 carin3 environment 6r0￿SAt US Peace in a 4ifficKlt time. Please know
tAatyot4r efforts mqde 4 rrofoxnd difference and we will foreuer 6e tAankf￿1 for
allyoM 414 for Aer.:

Derwentside Hospice Care Foundation
Trustees, Annual Report (continued)
Flnanclal review
The Statement of Financial Activities {SoFA) shows that gross income increased from £1,614,220 to
£2,044,252 and expenditure increased from £1,387,068 to £1,577,023. This resulted in a surplus of
£467,229 (2024: £227,152) which has been allocated to restricted and unrestricted funds a5 shown In
the SOFA.
The Trustees are satisfied with this position at the year-end and are keen to maintain the strength of
overall reserves in the future.
Derwentside Hospice Care Foundation has continued to benefit from various grants during the year
and the board of trustees gratefully acknowledge this support.
Work continues to improve how the income levels can be sustained and reviews of expenditure
continue to be carrled out to ensure the charity consistently achieves value for money. The Senior
Management team are aware of the need to provide an efficient service that offers value for money
to the community, without losing the emphasis on patient care and safety.
A strategic review of the charlty is now completed with a strong strategic plan in place. The Board of
Trustees and Senior Management Team will continue their efforts to provlde a brlght future for
Derwentside Hospice Care Foundation, and a valued service for the people of Derwentslde.
Pollcy on reserves
Trustees at Willow Burn Hospice believe It is important to use the financial resources of the charity
to meet its mission of delivering hospice care of the highest standard to patients and those
important to them- now and in the future.
Trustees have decided that this requires the charity to maintain a reserves policy based on service
provision and long-term financial sustainability. Three key elements have been taken into
consideration to assess a realistic reserve level. These are:
The rellability of current contracted income and other income generation activitles
Planned expenditure requirements
Contingencies and risks including loss of NHS contract and unplanned repairs to the hospice
building
Based on this asse55ment Trustees have determined that a reserves figure of £1,000,000 is
appropriate.
At the year end, free reserves were £1,243,944 (2024: £960,751), an increase of £283,193 in the year.

Derwentside Hospice Care Foundatlon
Trustees, Annual Report (continued)
Plans for future development
The charity plans to develop and invest in a number of new initiatives over the comin8 years. Chief
among these are;.
Plan to move to electronic medical record keepin8 - Data management is a key area for
development in the sector.
Improve facilities for patients - Installation of temperature control measures into all patient
areas
Day Service development - Day Hospice services provide vital 5UPPOrt to patlents and their
familie5. The facility will aim to expand its range of services to enable more people to live well
with thelr condition.
Research The charity continues to undertake research in partnership with Sunderland
University, looking into aspects of Hospice care, Including attitudes to Asslsted Dying.
Retail expansion
The charity continues to develop plans to open a furnlture store wlth
recycling capabillties. Further expansion through additional charity shops is also planned.
Achleve 'Disability Confident, Level 2 status as an element of the charity's detailed Equalitv,
Diverslty & Inclusion plan.
Develop our Compassionate Communities plan
Compassionate Communities Ambassadors.
Including the appointment of
Golng concern
The charity meets its day-to-day working capital requlrements through cash generated from
operations. The charity's forecasts and projections for the next twelve months show that the charity
should be able to continue in operational existence for that period, taking into account possible
changes In tradlng performance.
Having considered the current cash forecasts of the Charity, the Trustees have a reasonable
expectation that the Charity has adequate resources to continue in operational existence for a period
of at least 12 months from the date of signing these financial statement5.

Derwentside Hospice Care Foundatlon
Trustees, Annual Report (continued)
Objectives and policies
The Trustees have a formal risk management process to assess business risks and implement risk
management strategies. This process involves identifying the types of risks the Charity faces,
prioritising them in terms of potential impact and likelihood of occurrence, and identifying means of
mitigating the risks. As part of this process the Trustees review the adequacy of the Charity's current
internal controls and the costs of operating particular controls relative to the benefits obtained.
Procedures have been established for reporting failings immediately to appropriate levels of
management and to the Trustees.
The Trustees are satisfied that the systems and procedures in place are sufficient to adequately
mitigate identified risks to an acceptable level in the Charity's day-to-day operations.
Rlsk envlronment
The charlty has robust system5 In place for review of the risk registers within the organisation. An
annual report Is made to Trustees on the risk environment, risk registers are discussed at monthly
Senlor Management Team meetings and all change5 in risk status are reported to Trustees.
Envlronmental, Sustalnablllty and Governance {ESG) and Corporate responslbillty
Like many responsible businesses, the Hospice continues to consider more deeply the Impact It has
on its environment and surroundings and how it might contribute to a more sustainable future. In
recent years a number of changes have been implemented in line with the charity's Going Green
Together Sustainability Statement and Plan.
Sustalnability aspect
Energy usage
Detalls
Extensive solar panels fitted to in patient unit.
All light fittings are replaced with LED bulbs.
We have reduced our energy consumption year on year.
Travel
E-charging station fitted to hospice car park.
Meetings are held on-line where there isn't a specific need
to meet in person.
Water usage
Water reduction valves are fitted to our Showers. We store
and re-use rainwater on site for our garden5.
Food rniles
The Café Seeks to use in-sea50n food sourced from local
producers where possible.
Local environment
Look to create empathetic environments within our own
gardens.

Derwentside Hosplce Care Foundation
Trustees, Annual Report (contlnued)
Utlllty usage
Year to end March
.Year to end March
2025
2024
59,115
63,678
185,165
168,402
945
1000(Est)
Performance aspect
(Unlts)
Electrlcity (kwh)
Gas (Therms)
Water (m3)
Year to end March
2023
73,547
150,711
600 (Est)
The charity has many opportunlties for volunteers in shops, cafe, administration, gardenlng and at
Trustee level. These opportunities enable people to contribute to the hospice, to the wlder society
and gain many positive personal elements in return.
Volunteers Contrlbutlon
Year to end March
Year to end March
2025
2024
21,500
21,745
Year to end March
2023
21,778
Estlrnated hours
We also recognise our duty to support other organisations by paying our supplier5 promptly.
Flnanclal instruments
The Hospice engaged an investment manager, CCLA, to manage a proportion of Its free cash reserves.
The threat of inflation eroding cash worth and low interest rates provided by conventional bank
accounts meant that there was a risk of Reserves being depleted in value over time.
Taking Into account cash forecasts and expectations, a prudent proportion of cash funds were handed
over to CCLA to be managed in their COIF Ethical Investment Fund. It is intended that thls will be a
long-term arrangement, to provide the best opportunity for good returns, but this will be monitored
regularly to ensure that the Fund Managers are performing adequately and adding to the continuing
financial strength of the Hospice.
Otherthan {indirectly) withln the CCLA Fund, the H05pice does not invest In any financial instruments.
Appolntment of audltor
S&W Audit {formerly CLA Evelyn Partners Limited) were appointed auditors for the production of
annual accounts from year ending 31 March 2023 and it is envisaged, subject to annual Trustee
approval at AGM, that this will be a three year arrangement to be reviewed in 2025. A resolution to
appoint S&W Audit will be proposed at the AGM.

Derwentside Hosplce Care Foundation
Statement of Trustees, Responsibilities
The Trustees (who are also the directors of Derwentside Hospice Care Foundation for the purposes
of company law) are responsible for preparing the Trustees, Report and the financial statements in
accordance with United Kingdom Accounting Standards (United Kingdom Generally-Accepted
Accounting Practice) and applicable laws and regulations.
Company law requires the trustees to prepare financial statements for each financlal year. Under
company law the trustees must not approve the financial statements unle55 they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of its incoming
resources and application of resources, including its income and expenditure, for that period. In
preparing these financial statements, the trustees are required to:
select suitable accounting pollcies and apply them consistently
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any
material departures dlsclosed and explained in the financial statement; and
prepare the financial statements on the 8oin8 concern basis unless It Is Inappropriate to
presume that the charitable company will continue In business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company'5 transactions and disclose wlth 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
company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Dlsclosure of Information to the audltor
Each trustee has taken steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor Is aware of that information.
The trustees confirm that there is no relevant information that they know of and of which they know
the auditor is unaware.
Approved by the trustees of the charity on 12th November 2025 and signed on their behalf by:
J Robinsoni-
hair & Tr
tee

Derwentside Hosplce Care Foundatlon
Independent Auditor's Report to the members of Derwentslde Hospice Care Foundation
s&w
Oplnion
We have audited the financial statements of Derwentside Hospice Care Foundation (the 'charltable
company'} for the year ended 31 March 2025 which comprise the Statement of Financial Activities
(Incorporating the Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows
and the notes to the financial statements, including significant accounting policies. The financial
reportin8 framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including FRS 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 falr view of the state of the charitable company's affairs as at 31 March 2025
and of its income and expenditure for the year then ended;
have been properly prepared In accordance with United Klngdom Generally Accepted
Accounting Practice,. and
have been prepared In accordance with the requirements of the Companies Act 2006.
Basls for opinlon
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 audlt of
the flnanclal statements in the UK, includin8 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.
Concluslons relating to golng concern
In auditlng the financlal 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 conditlons that, individually or collectively, may cast significant doubt on the charitable

Derwentside Hospice Care Foundation
Independent Auditor's Report to the members of Derwentside Hospice Care Foundation (cont.)
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 responslbilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
Other Informatlon
The other Information comprises the information included in the Annual Report, other than the
financial statements and our auditorfs report thereon. The trustees are responsible for the other
information contained within the Trustees, Annual Report & Accounts. Our opinion on the flnancial
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 concluslon thereon. Our responsibility 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 obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we are required to determine whether this glves 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 informatlon, we are required to report
that fact.
We have nothing to report in this regard.
Oplnlons on other matters prescribed by the Companle5 Act 2006
In our oplnion, based on the work undertaken in the course of the audit:
the informatlon given in the Annual Report, which incorporates the Strategic Report and the
Directors, Report prepared for the purpose of company law, for the financial year for which
the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and the Directors, Report included within the Annual Report have been
prepared in accordance with applicable legal requirements.
Matter5 on whlch we are requlred to report by exception
In the light of the knowledge and understanding of the charitable company and its envlronment
obtained in the course of the audit. we have not identified material misstatements in the Strategic
Report or the Directors, Report contained within the Annual Report.

Derwentside Hosplce Care Foundation
Independent Auditor'5 Report to the members of Derwentslde Hospice Care Foundation (cont.)
We have nothing to report in respect of the following matters in relation to which 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 explanation5 we require for our audit;
the trustees were not entitled to take advantage of the small companies, exemption from the
requirement to prepare a strategic report.
ResponsSbllltles of trustees
As explalned more fully in the Statement of Trustees, Responsiblllties, the trustees {who are also
directors of the charitable company for the purposes of company lawl are responsible for the
preparation of the financial statements and for bein8 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 materlal misstatement, whether due to fraud or error.
In preparlng the financlal statements, the trustees are responsible for assessln8 the charltable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and uslng the going concern basis of accounting unless the trustees elther intend to liquldate
the charitable company or to cease operations, or have no realistic alternatlve but to do so.
Audltor's responsibllltle5 for the audlt of the financlal statements
Our objectives are to obtaln reasonable assurance about whether the flnanclal statements as a whole
are free from material misstatement, whether due to fraud or error, and to Issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee
that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if, individually
or in the aggregate, they could reasonably be expected to influence the economic decislons of users
taken on the basis of these financial statements.
Irregularities, Includin8 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 extent to which our procedures are capable of detecting
irregularities, including fraud, is detailed below:

Derwentside Hospice Care Foundation
Independent Auditor's Report to the members of Derwentside Hospice Care Foundatlon (cont.)
We obtained a general understanding of the charitable company's legal and regulatory framework
through enquiry of management concerning their understanding of relevant laws and regulations,
the entity's policies and procedures regarding compliance, and how they identify, evaluate and
account for litigation claims. We also drew on our existing understanding of the charitable company's
industry and regulation.
We understand that the charitable company complies with the framework through:
Engaging external legal professionals as required and making changes to internal procedures
and controls as necessary.
Key managements close involvement in the day-to-day running of the business, meaning that
any litigation or claims would come to their attention directlv.
Monitoring of updates made by regulatory bodies.
In the context of the audit, we considered those laws and regulations which determlne the form and
content of the financial statements, which are central to the charitable company's ability to conduct
its business, and where there is a risk that fallure to comply could result in material penalties. We
Identlfied the following laws and regulations as being of signlficance in the context of the charitable
company:
The Companies Act 2006 and FRS 102 in respect of the preparatlon and presentation of the
financlal staternents.
The Charities Act 2011 and the Charities: Statement of Recommended Practice in respect of
the preparation and presentation of the financial statements.
The organisation is registered with the Care Quality Commission (CQCI and meets the
fundamental standards of care, including safety, dignity, consent, and 8ood governance.
We performed the followln8 speclflc procedures to galn evidence about compliance with the
significant laws and regulations identified above:
Obtaining an understanding of the internal controls establlshed to mltlgate risks related to
fraud or non-compliance with laws and regulations;
Reviewing the minutes of meeting5 of those charged with governance,.
Reviewing any correspondence with the CQC in the period.
The senior statutory auditor led a discussion with senior members of the engagement team regarding
the susceptibility of the entitvs financial statements to material misstatement, including how fraud
might occur. The areas identified in this discussion were..
Manipulation of the financial statements via fraudulent journal entries and management
overriding controls.
The incorrect recognition of legacy income resulting in the income being recognised in the
incorrect accounting period.
2U

Derwentslde Hospice Care Foundation
Independent Auditor's Report to the members of Derwentside Hospice Care Foundatlon (cont.)
The incorrect recognition of grant and contract income resulting in the income being
recognised in the incorrect accounting period.
These areas were communicated to the other members of the engagement team not present at the
discussion.
The procedures we carried out to gain evidence in the above areas included:
Performed data analytics on the general ledger against client specific criterla
Assessing all of the legacy income recognised by management and determining whether the
income had been recognised In accordance with the principles of the SORP.
Obtained third party evidence for a sample of grants and contracts, to ensure that It was
appropriate to recognise the income in the financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website
at: www.frc.or
auditorsres
onsibilities. This description forms part of our auditor's report.
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.
Craig Henderson
Senior Statutory Auditor, for and on behalf of
S&W Partners Audlt Limited
Statutory Auditor
Chartered Accountants
17 Queens Lane
Newcastle upon Tyne
NEI IRN

Derwentside Hospice Care Foundation
Statement of Flnanclal Activities for year-ended 31 March 2025
Includin
Income & Ex
enditure Account and Statement of Total Reco
nlsed Gains and Losses
Unie5trScted
funds
Restrlcted
funds
Tolal
2025
Total
2024
Note
Income and Endowments:
Donations and legacies
Charitable Activlties
Other trading activities
Unrealised galns on Investment
Total Incorne
Expenditure:
RalsSng funds
Charitable activitles
Total Expendlture
Net Income
Unrealised galns on Investment
Transfer between funds
789.225
6S4,837
517,370
82,820
872,045
654,837
517,370
432,16S
604.032
481,355
96,668
1,614,220
1,961,432
82,820
2,044,252
{349,1831
11,152,996)
(1.502,179)
459,253
124,8441
32,820
467,229
1349,183)
150,000) (1,202,996)
(50,0001 11,552,179)
32,820
492,073
124,8441
1341,337)
(1,045,7311
(1,387,068)
227,152
{32,8201
467.229
227,IS2
Reconcillatlon of funds
Total funds brought forward
Total funds carrled forward
2.999,756
3,466,985
1,500,000
1.500,000
4,499,756
4,966,985
4,272,604
4,499,756
22
All the Charlty's activitles derlve from contlnulng operations during the above two perlods and Include all reco8nlsed
galns and losses.
Comparatlve perlod
Unrestrlcted
lunds
Re5trlcted
funds
Total
2014
Note
Income and Endowments.,
Donations and legacies
Charltable Activities
Other tradlng activities
Investment income
Total Income
Expendlture..
Ralsing funds
Charitable activities
Total Expendlture
Net Income
Transfer between funds
353.481
604,032
481,355
96,668
1,535,536
78,684
432,165
604,032
481,355
96,668
1,614,220
78,684
1341,337)
1983.6181
11,324,955)
210,581
20.000
230.581
1341.337)
(1.045,731)
11,387,068)
227,152
162,1131
{62,1131
16,571
{20,0001
{3,429)
ZZ7,152
Reconclllation of funds
Total funds brought forward
Total funds carried forward
2.769.175
2,999,756
1.503.429
1,500,000
4,272.604
4,499,756
23

Derwentslde Hospice Care Foundation
Balance Sheet for the year-ended 31 March 2025
2025
2024
Note
Flxed assets
Tangible assets
Intangible assets
Investments In subsidiaries
Investments
13
14
15
16
3,183.Z69
760
3,189,787
997,941
4,181,971
822,785
4,012,573
Currenl assets
Debtors
Cash at bank and In hand
17
218,106
689.301
907,407
1122,3931
785,014
101.033
460,955
561,988
174,805)
487,183
Credltors.. Arnounts fallin8 due wlthln one year
Net current assets
18
Net assets
4.966,985
4,499,756
Funds of the charity:
Restricted funds
Unrestrlcted Funds
Designated Funds
Total funds
I,soo,000
3,197,099
269,886
4,966.985
1,500,000
2,650,538
349,218
4,499,756
23
The financial statements on pages 21 to 39 were approved by the trustees, and authorised for Issue on 12 November
2025, and signed on thelr behalf by
J Robin
Chair & Tru
tee

Derwentside H05pice Care Foundation
Statement of Cash Flows for the year-ended 31 March 2025
2025
2024
Note
Cash Ilows from operatSnB actlvltles
Cash generated from operations
Adjustments to cash flows from non-cash Items
Depreclation & amort153tion
Loss on disposal of flxed assets
Change in falr value of investments
467,229
227,152
13114
13
94,439
344
24,844
586,856
88,853
140
196,6681
219,477
Workln8 capltal adjustments
{Increasel/decrease In debtors
Increaselldecreasel In creditors
Increaselldecreasel In deferred Income
Net cash flows from operatlng actlvltles
17
18
18
1117,0731
34,177
93,719
20,126
517,371
353,812
Cash flows from Investlng actlvltles
Purchase of tangible fixed assets
Purchase of Intangible fixed assets
Purchase of Investments
Net cash f lows from Investing activltle5
Cash flows from flnanclng actlvltles
Interest payable and similar charges
Net Increase cash and cash equlvalents
13
14
188,075)
19501
200 000
1289,025)
182,2231
loo 000
1182,2231
228,346
153,589
Openlng cash and cash equlvalents at l Aprll
Cash and cash equlvalents at 31 March
460 955
689,301
307 366
460,955
24
All the cash flows are derlved from contlnuln8 operatlons durln8 the above two periods.

Derwentslde Hosplce Care Foundation
Notes to the Flnancial Statements for the year-ended 31 March 2025
Charity Status
The Charity is Ilmited by guarantee. incorporated in England and Wales, and consequently does not have share capital.
Each of the Trustees is liable to contribute an amount not exceeding £10 towards the assets of the Charity In the event of
liquidation,
The address of Its reglstered offlce Is Willow Burn H05pice, Howden Bank, Lanchester, Durham, DH7 OQS
A¢countlng Pollcles
Summary of slEnlflcant accountln8 pollcles and key accounllng estlmates
The prlncipal accountlng policies applied In the preparatlon of these financlal statements are set out below. These pollcles
have been conslstently applied to all the years presented, unless otherwlse stated.
Statement of ¢ompllance
The financial statements have been prepared in accordance with Accountin8 and Reporting by Charltles: Statement of
Recomrnended Practice applicable to charities preparing thelr accounts In accordance with the Flnan¢ial Reporting
standard appllcable In the UK and Republic of Ireland {FRS 102) (effective l January 20191- (Charities SORP {FRS 10211,
the Flnanclal Reporting Standard applicable In the UK and Republlc of Ireland (FR5 102}. They also comply wlth the
Companles Act 2006 and Charltles Act 2011.
8as15 of preparatlon
Derwent5ide Hosplce Care Foundation meets the definition of a public benefit entity under FRS 102. Assets and Ilabllltles
are Inltlally recognlsed at hlstorical cost or transactlon value unle55 Otherw15e stated in the relevant accounting policy
notes,
The presentation currency of the charitable company Is Sterling.
Goln8 concern
The Charlty meets its day-to-day worklng capital requirements throu8h cash generated from operations. The Charlty's
forecasts and prolections for the next twelve months show that the ChaTItV should be able to contlnue In operational
existence for that perlod, takin8 into account possible changes in their performance.
Havlng con51dered the current cash forecast5 of the Charity the Trustees have a reasonable expectation that the company
has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing
these financlal statements. The Charlty therefore continues to adopt the 8olng concern basi5 in preparing its financial
statements,

Derwentside Hospice Care Foundation
Notes to the Financlal Statements for the year-ended 31 March 2025 (contlnued)
Accountlng pollcles (contlnued)
Estimation uncertalnty and judgements
The preparation of the financial statement5 requires management to make judgements. estimates and assumptions that
affect the amounts reported. These estimates and Judgements are contlnually reviewed and are based on experience and
other factors, includlng expectations of future events that are believed to be reasonable under the clrcumstances.
The judgements lapart from those involving estimations) that management has made in the process of applying the
entity's accountlng policies and that have the mosl si8nificant effect on the amount5 recognised In the financial
statements are as follows.,
Assessing Indicators of impalrment In assessing whether there have been any indlcators of impairment of assets, the
trustees have considered both external and internal sources of informatlon such as market conditions and experlence of
recoverability. Whilst the property remain5 in the financial statements at its written down historic cost (some £3.17m)
the trustees recognlse that this is on the basls of justifying its value in use, which is likely to exceed the net recoverable
value In the event that the Charity was not a 8oin8 concern and needed to sell the propertv.
Accountln8 estlmate5 and a55umptions are made concernlng the future and, by their nature, will rarely equal the related
actual outcome. The key assumptlons and other sources of estimation uncertainty that have a 51gnificant rlsk of causlng
a mater131 adjustment to the carfylng amount of assets and Ilabilities within the next financial year are as follows:
Depreciatlon is projected to write off the cost of an asset, less its residual value, over Its estimated useful economic Ilfe,
Rates used to project usef ul economic life are detailed in the depreciation accounting policy.
Income and endowments
All Income Is reco8nlsed once the Charity has entltlement to the Income, It Is probable that the income wlll be recelved,
and the amount of the Income recelvable can be measured rellably.
Donatlons and legtscles
Donations are reco8n15ed when the Charlty has been notlfled In wrltlng of both the amount and settlement date. In the
event that a donation is sublect to conditions that require a level of performance by the Charlty before the Charlty Is
entitled to the funds, the income is deferred and not recognlsed until either those conditions are fully met, or the
fulfilment of those conditlon5 is wholly within the control of the Charity and it Is probable that these conditions will be
fulfilled In the reporting period.
Legacy gifts are recognised on a case-by-case basis following the grant of probate when the admlnlstrator/executor for
the estate has communicated in writing both the amount and settlement date. In the event thal the gift Is In the form of
an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of
the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred
to the Charltv.
Grants retelvable
Granls are recogn15ed when the Charity ha5 an entitlement to the funds and any conditlons linked to the grant5 have been
met. Where performance conditions are attached to the grant and are yet to be met. the income is recognised as a Ilablllty
and included on the balance Sheet as deferred income to be released.

Derwentside Hospice Care Foundation
Notes to the Financial Statements for the year-ended 31 March 2025 (continued)
Accountlng pollcles (contlnued)
Deferred income
Deferred income represents amounts recelved for future periods and is released to Incoming resources in the period for
which, it h35 been received. Such income 15 only deferred when..
the donor Specifies that the grant or donation must only be used in future accounting perlods; or
the donor has imposed performance condition5 whlch must be met before the Charity has unconditional
entitlement.
Expenditure
All expendlture Is reco8nised once there 15 a legal or constructive obligation to that expenditure. it is probable settlement
is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that
aggregate similar cost5 to that cate8ory. Where cosls cannot be directly attributed to particular headlngs they have been
allocated on a basis consistent wlth the use of resources. with central staff costs allocated on the basis of time spent, and
depreclation charges allocated on the portion of the asset's use. Other Support costs are allocated based on the spread
of staff costs.
Rolslngfund5
These are costs Incurred In attractlng voluntary Income, the management of investrnent5 and those incurred In tradlng
actlvlties that ralse funds.
Charltable q¢tlvltle5
Charltable expenditure comprises those costs incurred by the Charity in the delivery of Its actlvltles and servlces for Its
beneflciarles. It includes both cost5 that can be allocated directly to such actlvities and those costs of an Indlrect nature
necessary to support them.
Support costs
Support Costs are those functions that assist the work of the Charity but do not directly undertake charitable activitles.
Support costs Include back office costs. finance. personnel, payroll and 8overnance costs which support the Charity's
actlvitles. These costs, whlch have not been dlrectly apportloned, have been allocated between cost of ralsin8 funds and
expendlture on charltable activities. The bases on whlch support Costs have been allocated are set out In the relevant
note to the financlal statements.
Taxatlon
The Charlty Is consldered to pass the tests set out in Paragraph I Sthedule 6 of the Finance Act 2010 and therefore It
meets the deflnltlon of a charitable company for UK corporation tax purposes. Accordlngly, the Charity is potentially
exempt from taxation In respect of income or capital 8ains recelved within categories covered by Chapter 3 Part 11 of the
Corporatlon Tax Act 2010 or Section 256 of the Taxation of Chargeable Galns Act 1992, to the extent that such Income or
gains are applied excluslvely to charitable purposes.
ronglble Alxed assets
Individual fixed a5setS C05ting £500 or more are Initlally recorded at cost.

Derwentslde Hospice Care Foundation
Notes to the Flnancial Statements for the year-ended 31 March 2025 (continued)
Accounting pollcles Icontlnued)
Depreciation and amortlsatlon
Depreciation Is provlded on tangible fixed assets in order to write off the cost or valuation, less any estimated residual
value, over thelr expected useful economlc Ilfe as follows:
Asset class
Freehold land & buildings
Plant & machinery
Computer equlpment
Fixtures, fittin8s and equlpment {non-medicall
Fixtures, fittings and equlpment Imedlcall
Intanglble assets
Depreclatlon method and rate
2% straight line
IO% straight line
50% straight line
20% strai8ht line
33% straight Ilne
20% stralght line
A full year's depreclatlon Is charged in the year an asset Is purchased.
Trade debtors
Trade debtors are amounts due from customers for merchandlse sold or 5ervlces performed In the ordlnary course of
buslness.
Trade debtors are recogn15ed inltially at the transactlon prlce. They are subsequently measured at amortlsed cost uslnE
the effectlve Interest method, less provision for impalrment. A provlslon for the irnpairment of trade debtors 15
establlshed when there is objective evidence that the Charlty will not be able to collect all amounts due accordlng to the
orlglnal term5 of the recelvables.
Cash und cush equlvalents
Cash and cash equlvalents comprlse cash on hand and Call deposits, and other short-term hlghly liquid investments that
are readily convertlble to a known amount of cash and are subject to an insignificant risk of change in value.
Trade credltors
Trade creditors are obllgatlon5 to pay for goods or servlces that have been acquired in the ordlnary course of buslness
from suppllers. Accounts payable are classified as current liabilities If the Charity does not have an unconditional right, at
the end of the reportlng period, to defer Settlement of the credltor for at least twelve months alter the reportlng date. If
there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented
as non-current Ilabllltles.
Trade creditors are recognlsed initially at the transactlon prlce and subsequently measured at amortised cost uslng the
effectlve Interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees, dlscretion in furtherance of the
objectlves of the Charity.
Designated funds are unrestricted funds set aslde for Specific purposes at the discretion of the Trustees. Restricted Income
funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or
purpose.
Penslon5 und other post-retlrement obllgotion5
All ellgible employees are automatically enrolled Into a workplace pension scheme provided by Derwentside Hospice Care
Foundation. Some clinical staff are members of the NHS pension scherne. Contributions are charged to the income and
expenditure account as they become payable.

Derwentside Hospice Care Foundation
Notes to the Financial Statements for the year-ended 31 March 2025 (continued)
Accountlng pollcle5 (continued)
Investments
Investments In subsidiaries and associates are measured at cost less impairment.
Income from donatlons and legacle5
Unfestrlcted
funds
General
Restrlcted
funds
Total
Total
2025
2024
Donations
Legacles
Gift Ald reclalmed
Grant5
Re8ular 8lvlng
144,637
584.268
26,960
19,115
14,245
144,637
584,268
26,960
101,935
14,245
133,021
120,387
36,007
130,184
12,566
82,820
789,225
82,820
872,045
432,165
Income from charltable actlvltles
Total
2025
Total
2024
NHS contract
Additional hospice Income
606,559
48,278
6S4,837
580,438
23,594
604,032
Income from other tradlng actlvltles
Total
2025
Total
2024
Shop income from sale of donated
goods and servlces
Other events income
Café and merchandlse income
Other income
Interest recelved
267,087
133,298
94,399
9,030
13,556
517,370
248,244
131,396
94,265
4,684
2,766
481,355

Derwentside Hospice Care Foundation
Notes to the Financlal Statements for the year-ended 31 March 2025 (contlnued)
Unrealised gains on Investments
Total
Total
2025
2024
Unrealised galns on investments
124,844)
96,668
th
A Charities Ethlcal Investment Fund portfollo account was opened with CCLA on 19 May 2022 wlth £600,000 being
deposited into the investment portfolio. An addltional amount of £IOO.000 wa5 also deposited into the portfollo on 27
Ih
October 2023. Further addltlonal amounts totalling £200,000 on 14 February 2025 were deposlted durlng the year end
31" March 2025. The movement on the Initlal Investment from the date of deposit to the balance at the year-end15
shown above.
th
Expendlture on ralslng funds
Total
Total
2025
2024
Staff costs
Other costs
190,309
158,874
194,210
147,IZ7
341,337
349,183
Expendlture on ¢harltable actlvltles
Unrestrlcted
funds
Restrlcted
funds
Total
Total
2025
2024
Charitable actlvlty costs
Staff costs
Loss on dlsposal of flxed asset
Support costs
263,736
646,122
344
242.794
1,152,996
263,736
696,122
344
242,794
1,202,996
226,834
602,253
50,000
216,644
1,045,731
50,000
3U

Derwentside Hosplce Care Foundatlon
Notes to the Financial Statements for the year-ended 31 March 2025 (contlnued)
Analys15 of support Costs
Derwentslde Hospice Care Foundation allocates costs direct to activities as far as possible, then identifies the remaining
costs of Its support functions. It then identifies those costs which relate to the governance functlon. Havlng identlfied it5
governance costs, the remalning support costs together with the governance c05t5 are apportioned between the key
charitable activities undertaken in the year. Refer to the table below for the apportionment and analysis of support and
governance costs.
Support costs allocated to charltable actlvltles
Governance
costs
Other sUPPOrt
cosls
Total
Total
2025
2024
Staff costs
Insurance
IT cosls
Professlonal costs
Audit fee
146,683
25.460
28,675
32,976
146,683
25,460
28.675
32,976
9,000
242,794
141,749
24,710
29,475
12,210
8,500
216,644
9,000
9,000
233,794
Taxatlon
The charity Is a reglslered charity and Is therefore exempt from corporate tax8tlon.
io,
Trustees, remuneratlon and expenses
No trustees, nor any person5 connected with them, have received any remuneration from the charlty during the year.
No trustees have recelved any reimbursed expenses from the charity during the year

Derwentside Hospice Care Foundation
Note5 to the Financial Statements for the year-ended 31 March 20251continued)
ii.
Staff costs
The aggregate payroll ¢05ts were as follows:
Total
Total
2024
2025
Staff costs durln8 the year were
Wages and salarie5
Social 5ecurlty costs
Pension costs
950,616
67,462
15,037
1,033,115
866,844
58,898
12,475
938,217
The monthly average number of persons (including senior management team) employed by the charity during the year
was as follows:
Total
2025
Total
2024
Management
Other staff
47
45
5Z
50
The avera8e number of full-time equivalent employees included above Is 1712024.. 16}. Derwentslde Hosplce Care
Foundation adopts a flexible working pollcy whlch enables employees to request changes to their contracted hours to
facilitate their physical and mental well-belng to maintain a good workllife balance.
No employee recelved emoluments of more than £60.000 during Ihe year12024- None).
The total employee benefits of the key management personnel of the charity were £216,47712024 - £203,379).
12.
Audltor's remuneratlon
2025
2024
Audit fee
10,000
8,500

Derwentside Hosplce Care Foundation
Notes to the Flnancial Statements for the year-ended 31 March 2025 (continued)
13.
Tanglble Ilxed assets
Land and Furnlture and
buildings
equipment
Total
Cost
At l April 2024
Addltlon5
Dlsposals
At 31 March 2025
3,594,014
8,796
624,154
79.279
11,7201
701,713
4,218,168
88,075
11,7201
4,304,523
3,602,810
Depreclatlon
At l April 2024
Charge for year
Disposals
At 31 March 2025
487,370
62.949
541,011
31,300
11,376)
570,935
1,028,381
94,249
11,3761
1,121,254
550,319
Net book value
At 31 March 2025
At 31 March 2024
3,052,491
3.106.644
130,778
83,143
3,183,269
3,189,787
There Is a tlme-bound, legal charge over all buildlngs. fixtures and fittlng5 and flxed plant and rnachlnery that are sltuated
on or form part of the freehold land and bulldin8s at Howden Bank, Lanchester, Durham which Is registered at the Land
Re8lstry under Title Number DU328389 and each and every part thereof subject to the en¢umbrance5 refeTTed to In the
registered tltle at any tlme,. the proceeds of the sale of any part of the Property and any other monles pald or payable in
respect of or In connectlon with the Property, the benefit of any covenants for title 8iven, or entered into, by any
predecessor In title of the Recipient In respect of the Property, and any monles paid or payable In respect of those
covenants,. and all ri8hts under any licence, agreement for sale or agreement for lease in respect of the Property (see Note
201.
14.
Intanglble flxed assets
Trademark
Total
Cost
At l Aprll 2024
Additions
Dlsposals
At 31 March 2025
950
950
950
950
Depreciation
At l April 2024
Charge for year
Disposals
At 31 March 2025
190
190
190
190
Net book value
At 31 March 2025
760
760

Derwentslde Hosplce Care Foundatlon
Notes to the Financial Statements for the year-ended 31 March 2025 (contlnued)
15.
Investment In subsidlary
2025
2024
Other Investments
Hazelbrook
5peclallst
Care
Total
C05t
At l Aprll 2024
At 31 March 2025
Net book value
At 31 March 202S
At 31 March 2024
Hazelbrook Speclallst Care at Home Ltd IHSCH) Is a wholly owned subsidiary tradin8 company of Derwentslde Hosplce
Care Foundation IIOO% ordinary shares). Haielbrook Specia11st Care at Home Ltd is a dormant entity and as such,
consolldated accounts have not been prepared In 2025.
16.
Investments
2025
2024
As at l Aprll 2024
Addltions
Change in Markel Value
A5 at 31 March 2025
822,785
200,000
124,8441
997,941
626,117
loo,000
96,668
822,785
17.
Debtors
2025
2024
Trade debtors
Other debtors
Prepayments
Accrued income
VAT recoverable
37,064
125
41,982
IZ4,176
14,759
218,106
7,884
37,931
48,203
7,015
101,033
Included in accrued Income are legacy donations of £94,90012024.' £15,000) notified to us prior to the year end and due
to be f eceived post year-end.

Derwentside Hospice Care Foundation
Notes to the Financlal Statements for the year-ended 31 March 20251continued)
18.
Credltors
Z025
2024
Trade creditor5
Other taxation and social securSty
Other creditors
Accruals
Deferred Income
56,473
17,818
3,696
27,040
17,366
122,393
10,962
18,027
5,694
36,167
3,955
74,805
Deferred Income at l April 2024
Resources deferred In the period
Amount5 released from previous perlod5
Deferred Income at year end
3,955
17,366
13,9551
17,366
1,465
3,955
{1,4651
3,955
Other credltors include £49712024: £4971 of inter-company loan, owln8 to Hazelbrook Specialist Care at Home Limlted.
Thls company Is currently dormant, and there are no Interest or repayment condltlons attached to thls sum.
19.
Obll8atlon5 under lease contracts
Operatlng lease commltments
Total future minimum lease payments under non-cancellable operatlng leases are as follows:
Land &
bulldlngs
Other
2025
2024
Wlthln one year
Between one and flve year5
Over five years
28,542
106,000
14,042
148.584
1,592
2,921
30,134
108,921
14,042
153,097
41,304
112,555
55,042
208,901
4,513
20.
Penslon and other schemes
Deflned contrlbutlon penslon scheme
The charlty operates a defined contribution pension scheme. The pension cost charge for the year represents
contributlons payable by the charity to the scheme and amounted to £15,03712024 £12,475),
Contrlbutions included in creditors totalling £3.19212024-. £5,195) were payable at the end of the perlod.
21.
Contlngent Ilabllltles
Included as a restricted reserve Is a grant recelved In 2019 of £1,500,000 from Michael McArdle. Until May 2039 the
charlty has agreed to meet the conditions of the contract for receiving the grant. Should any of the conditions be
breached, then the grant would be repayable. The repayment terms 5tlpulate that thls would be a full repayment of the
grant in years one to eleven15ubject to any decrease in the overall fair value of the Helen McAidle Wingi if lower), with
the repayment then reducing by IO% each subsequent year up to year twenty of the agreement.

Derwentside Hospice Care Foundatlon
Notes to the Financial Statements for the year-ended 31 March 20251contlnued)
22.
Analysls of net assets between lunds
Uniestricted
funds
General
Restrlcted
funds
Total funds
Deslgnated
Tanglble/lnt3ngible fixed assets
Flxed asset investments
Investment
Net current assets
Total net assets
1,684.029
1,500,000
3,184,029
997,941
515,128
3,197,099
997,941
785,014
4,966,985
269.886
Z69,886
I,soo.000
Tangible fixed assets shown between unrestricted and restricted funds are subject to a legal charge as detalled In the
flxed asset note and note 22. Further det311s of the split between funds are 8lven in the contin8ent liabllltles note.
The trustees only consider the flxed assets to be restricted due to the legal charge In place and have therefore capped
the value allocated as restricted at the origlnal grant value awarded of £1.5 million.
Comparatlve analysls
Unrestrlcted
funds
General
Restrlcted
funds
Total funds
Desl8nated
Tanglblelintanglble fixed assets
FSxed asset Investments
Investment
Net current assets
1,689,787
1,500,000
3,189,787
822,785
137.965
2,650,538
822,785
487,183
4,499,756
349,218
349,218
Total net assets
1,500.000
Jb

Derwentside Hospice Care Foundation
Note5 to the Financial Statements for the year-ended 31 March 2025 (continued)
23.
Funds
8alance at
l April 2024
Incoming
resources
Resource5
expended
Transfers
Balance at 31
March 2025
Unrestrlcled funds
General fund
Deslgnated funds
Contin8ent Liabilltles
Development Fund
Total unrestricted funds
2,650,538
1.936,588
{1,422,847)
32,820
3,197,099
205,000
144,218
2,999,7S6
205,000
64,886
3,466,985
179,3321
{1,502,1791
1,936,588
32,820
Restrlcted funds
Hospice UK Caplt31
Grants Programme
2024125
24,147
(24,1471
Julla & Hans Rauslng
Trust
so.000
Iso,0001
Co Durham
Comrnunlty Fund
8,673
{8,6731
Mlchael McArdle
1,500,000
1,500,000
Total restricted funds
1,500,000
82,820
{50,0001
132,820)
1,500,000
Total funds
4,499,756
2,019.408
11,552, 1791
4,966,985
Transfers
The transfer relates to amounts belng transferred out of the Hospice UK Capital Grants programme and the Co Durham
Communlty Fund to unrestricted funds on the purchase of the assets, at which point the restrlctlon on these fund5 was
Ilfted.
Deslgnated Funds
The contingent liability represents funds to cover adverse tradin8 conditions and increases In the cost of living.
The development fund is monles set aside as agreed by the board with the intention of belng spent on future plans for
the hosplce including service development, green initiatives to make the hospice even more eco-friendly and e55ential
works to maintain the building.

Derwentslde Hospice Care Foundation
Notes to the Financial Statements for the year-ended 31 March 2025 (continued)
Restrlcted Funds
H05plce UK Capital Grant5 Programme
Thls grant was awarded to U5 to be spent on capital assets before the year-ended 31. March 2025 We were awarded
£24,147 in this flrst phase which was f ully utilised during 202412025.
Julla & Hans Rauslng Trust
Julla & Hans Rausing Trust have awarded us £50,0000 during 202412025 towards the risln8 Costs due to sur8lng energy
prlces and the Increases to the National Living Wage costs.
Co Durham Communlty Fund
They awarded us £8,673 towards the cost of upgrading our patlent's recliner chalrs.
Mlchael McArdle
A donatlon was made in 2019 of £1,450.000 (followin8 an earlier instalment of £50,000) to fund the bulldlng of the
McArdle Wln8. The asset valuation Is reduced annually by the depreciation charge Incurred on the work5 and currently
stands at £1,318,788 (total cost £1.533,4741. Following signature of grant agreernent5, the donation clawback remains
restrlcted lup to a value of £l,S00,000,' see Note 201 for a total period of 20 years through to 31 May 2039 when the
restrlctlon ends, after whlch tlme the remalnlng asset will be de-restricted and transferred to unrestricted reserves.
J¥

Derwentside Hospice Care Foundation
Notes to the Financial Statements for the year-ended 31 March 2025 {contlnued)
Comp8ratlve analysis
Balance at
l Aprll 2023
Incoming
resources
Resources
expended
Transfer5
Balance at 31
March 2024
Unrestrlcted funds
General fund
Deslgnated funds
Contingent Liabilitles
Oevelopment Fund
Total unrestricted funds
2,469,175
1,535,536
11.254,1731
(100,0001
2,650,538
205.000
95,000
2,769.175
205,000
144,218
2,999,756
170,7821
11,324,955)
120,0th)
20,000
1,535,536
Re5trlcted funds
NHS INENCI & ICB
Hospice UK Ire Carers)
Hospice UK Solar
Panels
Julla & Hans Rausln8
Trust
Co Durham
Community Fund
3,429
13,4291
17,OB41
7,084
20,000
120,0001
so,000
(50,000)
1,600
(1,600)
Mlchael McArdle
1,500,¢JOO
1,500,000
Total restrlcted funds
1.503.429
78,684
(62,113}
120,0001
1,500,000
Total funds
4,272,604
1,614,220
11.387.068)
4,499,756
Transfers
Two transfers of funds have taken place durlng the year. The first transfer Is to transfer an amount from general
unrestricted into designated. This transfer was to bring the total Development Fund up to the amount the Tru5tee5
currently belleve Is required to undertake the required developments to the hosplce in the short term. The other transfer
relate5 to a transfer out of the Hosplce UK Solar Panels fund, with the balance bein8 transferred to Beneral unrestricted
funds on the purchase of the solar panels, at whlch polnt the restriction on these funds was Ilfted.
Desl8nated Funds
The contingent liability represents funds to cover adverse trading conditlons and Increases in the cost of livin8.
The development fund is monies set aside as a8reed by the board with the Intention of belng spent on future plans for
the hospice Including service development, green initiatives to make the hospice even more eco-friendly and e55entlal
works to malntain the building.
8y

Derwentside Hospice Care Foundation
Notes to the Financial Statements for the year-ended 31 March 2025 (contlnued)
24.
Analysls of movement In net funds
At l Aprll
2024
At 31 March
2025
Cash flow
Cash at bank and in hand
Net funds
460,955
460,955
228,346
228,346
689,301
689,301
Comporntlve anulysls
At l Aprll
2023
At 31 March
2024
Cash flow
Cash al bank and in hand
Net funds
307,366
307.366
153,589
153,589
460,955
460,955
2S.
Aelated party transactlons
There Is nothlng to report in respect of related party transactlons.
IJ