## ||||Page|| |---|---|---|---|---| |Report ofthe|Trustees|1|to|5| |Report ofthe|Independent
Auditors|6|to|8| |Consolidated|Statement ofFinancial Activities|||| |Consolidated|Balance Sheet||10|| |Charity Balance Sheet||||| |Consolidated|Cash Flow Statement||12|| |Notes to the|Consolidated
Cash Flow Statement||13|| |Notes to the|Financial Statements|14|to|25| |Oetailed Statement of Financial Activities||26|to|27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|funds|funds|funds| ||||||||as restated| ||||Notes||||f| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||555,132||555,132|446,901| |Charitable
activities|||||||| |Raising funds||||1,438,006|81,794|1,519,800|329,560| |Other trading activities||||572,844||572,844|1,082,201| |Investment
income
Other income||||847
227,668||847
227,668|6,372
21,137| |Total||||2,794,497|81,794|2,876,291|1,886,171| |EXPENDITURE ON|||||||| |Raising funds||||622,378||622,378|713,911| |Charitable
activities|||||||| |Charitable
activities||||1,581,052||1,581,052|1,277,775| |Other expenditure||||214,492|54,009|268,501|106,752| |Total||||2,417,922|54,009|2,471,931|2,098,438| |NET INCOME/(EXPENDITURE)||||376,575|27,785|404,360|(212,267)| |Transfers between
funds|||25|69,678|(69,678)||| |Other recognised gains/(losses)|||||||| |Gains/(losses)
on revaluation|of|fixed assets||297,200||297,200|(10,775)| |Net movement
in funds||||743,453|(41,893)|701,560|(223,042)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought forward|||||||| |As previously
reported||||4,923,024|69,678|4,992,702|5,742,303| |Prior year adjustment|||13|61,&44|464,715|526,559|| |As restated||||4,984,868|534,393|5,519,261|5,742,303| |TOTAL FUNDS CARRIED FORWARD||||5,728,321|492,500|6,220,821|5,519,261| ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||fund|funds|funds|funds| |||||||as restated| |||Notes||||E| |FIXEDASSETS||||||| |Tangible assets||19|3,248,369|492,500|3,740,869|3,833,262| |Investments||20|1,406,538||1,406,538|1,559,338| ||||4,654,907|492,500|5,147,407|5,392,600| |CURRENT ASSETS||||||| |Debtors||21|650,916||650,916|115,684| |Cash at bank|||794,526||794,526|249,556| ||||1,445,442||1,445,442|365,240| |CREDITORS||||||| |Amounts
falling due|within one year|22|(372,028)||(372,028)|(238,579)| |NET CURRENT ASSETS|||1,073,414||1,073,414|126,661| |TOTAL ASSETS LESSCURRENT LIABILITIES|||5,728,321|492,500|6,220,821|5,519,261| |NET ASSETS|||5,728,321|492,500|6,220,821|5,519,261| |FUNDS||25||||| |Unrestricted
funds:||||||| |General fund|||||5,728,321|4,984,868| |Restricted funds:||||||| |Capital expansion|fund||||492,500|464,715| |Designated
fund||||||69,678| ||||||492,500|534,393| |TOTAL FUNDS|||||6,220,821|5,519,261| ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||fund|funds|funds|funds| |||||||as restated| |||Notes||||f| |FIXEDASSETS||||||| |Tangible assets
Investments
Investments
in associates||19
20|3,248,369
1,406,538
4|492,500|3,740,869
1,406,538
4|3,833,262
1,559,338
4| ||||4,654,911|492,500|5,147,411|5,392,604| |CURRENT ASSETS||||||| |Debtors
Cash at bank||21|667,124
709,877||667,124
709,877|116,475
185,696| ||||1,377,001||1,377,001|302,170| |CREDITORS||||||| |Amounts
falling due within one year||22|(303,720)||(303,720)|(175,641)| |NET CURRENT ASSETS|||1,073,281||1,073,281|126,529| |TOTAL ASSETS LESSCURRENT LIABILITIES|||5,728,192|492,500|6,220,692|5,519,133| |NET ASSETS|||5,728,192|492,500|6,220,692|5,519,133| |FUNDS||25||||| |Unrestricted
funds:||||||| |General fund
Restricted funds:|||||5,728,193|4,984,740| |Capital expansion
Designated
fund|fund||||492,500|464,715
69,678| ||||||492,500|534,393| |TOTAL FUNDS|||||6,220,692|5,519,133| ## ## ## ||||for the year ended|31March 2021|| |---|---|---|---|---|---| |||||2021|2020| ||||||as restated| ||||Notes||f| |Cash flows from operating
activities
Cash generated
from operations||||(31,955)|291,529| |Net cash (used in)/provided|by operating||activities|(31,955)|291,529| |Cash flows from investing|activities||||| |Purchase oftangible
fixed assets
Sale offixed asset investments||||(73,922)
450,000|(2,494,573)
1,905,000| |Interest received||||847|6,372| |Net cash provided
by/(used|in) investing||activities|376,925|(583,201)| |Cash flows from financing|activities||||| |New loans in year||||200,000|| |Net cash provided
by financing
activities||||200,000|| |Change
in cash and cash equivalents
reporting
period||in the||544,970|(291,672)| |Cash and cash equivalents
the reporting
period|at the beginning of|||249,556|541,228| |Cash and cash equivalents
reporting
period|at the end|ofthe||794,526|249,556| ## ## ||for the yea|for the yea|r ended 31March 2021|r ended 31March 2021|| |---|---|---|---|---|---| |RECONCILIATION
OF NET|INCOIVIE/(EXPENDITURE)||TO NET CASH FLOW FROM OPERATING ACTIVITIES||| |||||2021|2020| ||||||as restated| ||||||f| |Net income/(expenditure)|for the reporting|period|(as per the Statement of||| |Financial Activities)
Adjustments
for:||||404,360|(212,267)| |Depreciation
charges
Loss on disposal offixed assets
Interest received
(Increase)/decrease
in debtors||||166,314
(847)
(535,231)|67,955
2,948
(6,372)
293,225| |(Decrease)/increase
in creditors||||(66,551)|146,040| |Net cash (used in)/provided|by operations|||(31,955)|291,529| |ANALYSIS OF CHANGES IN|NET FUNDS||||| ||||At 1/4/20|Cash flow|At 31/3/21| ||||f|E|f| |Net cash|||||| |Cash at bank|||249,556|544,970|794,526| ||||249,556|544,970|794,526| |Debt|||||| |Debts falling due within 1year||||(200,000)|(200,000)| |||||(200,000)|(200,000)| |Total|||249,556|344,970|594,526| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||AND|LE|GACI|S||| |---|---|---|---|---|---|---| |ONATIONS|||||2021|2020| |||||||as restated| ||||||E|f| |Donations
Legacies|||||236,915
318,217|157,651
289,250| ||||||555,132|446,901| |OTHER TRADING||ACTIVITIES|||2021|2020| |||||||as restated| ||||||f|f| |Fundraising
Shop income|events||||83,398
167,630
314,211|227,687
473,724
361,721| |Lottery|||||7,605|19,069| |Support groups||||||| ||||||572,844|1,082,201| |INVESTIVIENT INCOME|||||2021|2020| |||||||as restated| ||||||f|f| ||||||847|6,372| |Investment|income|||||| |INCOME FROM CHARITABLE ACTIVITIES|||||2021|2020| |||||||as restated| |Grants||||Activity
Raising funds|f
1,519,800|f
329,560| |Grants received,||included||in the above, are as follows:|2021|2020| |||||||as restated| ||||||E|f| |Local Health Boards
Welsh Assembly
Government
Trust and charitable
grants
job Retention Scheme|||||189,025
97,140
1,080,145
153,490|202,295
97,140
30,125| ||||||1,519,800|329,560| ## ## ## ## |Raising donations
and legacies||| |---|---|---| ||2021|2020| |||as restated| ||E|E| |Staff costs
Goods for resale &shop costs
Van costs
Office costs
Lottery prizes
Lottery costs|235,314
255,089
5,108
23,075
93,600
10,192|323,832
237,451
12,499
26,303
93,600
20,226| ||622,378|713,911| ## ||||||Support|| |---|---|---|---|---|---|---| |||||Direct|costs (see|| |||||Costs
E|note 8)
f|Totals
E| |Charitable
activities
Other expenditure||||1,581,052
232,893|35,608|1,581,052
268,501| |||||1,813,945|35,608|1,849,553| |SUPPORT COSTS||||||| ||||||Governance|| ||||Finance|Other|costs|Totals| ||||f|f|f|E| |Other expenditure|||1,294|30,600|3,714|35,608| |Support costs, included||in the above, are as follows:||||| |Finance||||||| ||||||2021|2020| |||||||as restated| ||||||Other|Total| ||||||expenditure
f|activities
f| |Bank charges|||||1,294|3,967| |ther||||||| ||||||2021|2020| |||||||as restated| ||||||Other|Total| ||||||expenditure|activities| ||||||f|E| |anagement|wages||||30,600|30,300| ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| ||||||fund|funds|funds| ||||||||as restated| ||||||||E| |INCOIVIE AND ENDOWMENTS||FROM|||||| |Donations
and legacies
Charitable
activities|||||446,901||446,901| |Raising funds|||||316,752|12,808|329,560| |Other trading activities
investment
income
Otherincome|||||1,082,201
6,372
21,137||1,082,201
6,372
21,137| |Total|||||1,873,363|12,808|1,886,171| |EXPENDITURE ON|||||||| |Raising funds
Charitable
activities|||||713,911||713,911| |Charitable
activities
Other expenditure|||||1,277,775
92,098|14,654|1,277,775
106,752| |Total|||||2,083,784|14,654|2,098,438| |NET INCOME/(EXPENDITURE)|||||(210,421)|(1,846)|(212,267)| |Transfers between
funds|||||1,845,262|(1,845,262)|| |Other recognised gains/(losses)|||||||| |Gains/(losses)
on revaluation
of||fixed assets|||(10,775)||(10,775)| |Net movement
in funds|||||1,624,066|(1,847,108)|(223,042)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought forward|||||3,360,802|2,381,501|5,742,303| |TOTAL FUNDS CARRIED FORWARD|||||4,984,868|534,393|5,519,261| |PRIOR YEAR ADJUSTMENT|||||||| ||||||||E| |Total funds as previously
reported|||||||4,992,702| |Prior period adjustment
on
Prior period adjustment
on
Restated total funds|deferred
pension||grants
liability||||553,074
(26,515)
5,519,261| ||||||||E| |Creditors: amount
falling due within|||one year as previously|reported|||765,138| |Prior period adjustment
on
Prior period adjustment
on
Restated creditors: amount|deferred
grants
pension
liability
falling due within one year||||||(553,074)
26,515
238,579| ## ## ## ## ## ## |||||||2020 as restated| |---|---|---|---|---|---|---| ||||||2021|| ||||||f|E| |Donations|and|legacies|||555,131|446,900| |Other trading||activities|||147,283|242,943| |Investment|income||||847|6,372| |Grants|||||1,243,396|329,560| |Other income|||||164,108|21,137| ||||||2,110,765|1,046,912| |Expenditure|on fundraising||||(267,740)|(152,851)| |Expenditure|on charitable|||activities|(1,712,025)|(1,361,767)| |Support costs|||||(34,809)|(34,935)| |Net gains/(losses)
on investments|||||297,200|(10,775)| |Net incoming||resources|—surplus/(deficit)||393,391|(513,416)| ## ## |operates a lottery and donates its|surplus to t|surplus to t|he hospice on an annual
basis.|| |---|---|---|---|---| |The trading
results ofSt Kentigern|Promotions||Limited, as extracted from the financial statements,
are|summarised
below:| ||||2021|2020| ||||E|E| |Lottery income
Donations|||314,211
7,280|361,721
3,813| ||||321,491|365,534| |Expenditure
on fundraising|||(114,781)|(148,519)| |Net surplus|||206,710|217,015| |Donation to hospice|||(206,710)|(217,015)| |Retained
in subsidiary||||| |The assets and liabilities ofthe subsidiary||were:||| |Current assets|||51,382|52,905| |Current
liabilities|||(51,252)|(52,784)| |Total net assets/(liabilities)|||130|130| |Aggregate share capital and reserves|||130|130| ## ## ## ## |The trading results ofSt Kentigern|The trading results ofSt Kentigern|Trading|Trading|Limited, as extracted from the financial statements,
are summarised|below:| |---|---|---|---|---|---| |||||2021|2020| |||||E|E| |Income||||444,036|473,724| |Expenditure
on fundraising
Support costs||||(342,222)
(355)|(386,238)
(3,354)| |Net surplus||||101,459|84,132| |Amount
donated to St Kentigern|Hospice|||(101,459)|(84,133)| |Retained
in subsidiary|||||| |The assets and liabilities ofthe subsidiary|||were:||| |Current assets
Current
liabilities||||146,046
(146,044)|34,377
(34,375)| |Total net assets/(liabilities)|||||| |Aggregate
share capital and reserves|||||| ## ## ## ## ## ## ## ## ## ## |TANGIBLE FIXEDASS|ETS|—continued|||||| |---|---|---|---|---|---|---|---| ||||||Fixtures||| ||||||and|Motor|| ||||||fittings|vehicles|Totals| ||||||E|E|E| |COST|||||||| |At 1April 2020|||||628,236|38,198|4,592,542| |Additions|||||18,262|25,759|73,922| |At 31March 2021|||||646,498|63,957|4,666,464| |DEPRECIATION|||||||| |At 1April 2020|||||192,219|25,123|759,280| |Charge for year|||||49,921|3,270|166,315| |At 31March 2021|||||242,140|28,393|925,595| |NET BOOK VALUE|||||||| |At 31March 2021|||||404,358|35,564|3,740,869| |At 31March 2020|||||436,017|13,075|3,833,262| |All fixed assets ofthe|group are owned||by the Hospice.||||| |FIXEDASSETINVESTMENTS|||||||| ||||||||Investments| ||||||||f| |MARKET VALUE|||||||| |At 1April 2020|||||||1,559,338| |Disposals
Unrealised
investment|gains||||||(450,000)
297,200| |At 31March 2021|||||||1,406,538| |NET BOOK VALUE|||||||| |At 31March 2021|||||||1,406,538| |At 31March 2020|||||||1,559,338| |There were no investment||assets outside the UK.|||||| |All investments
ofthe|group are held within the hospice.||||||| |Investment
portfolios|are|held with Brewin Dolphin and||Rathbones.|||| |DEBTORS:AIVIOUNTS|FALLING DUE WITHIN ONE YEAR||||||| |||||Group|Hospice|Group|Hospice| |||||||2020as|2020as| |||||2021|2021|restated|restated| |||||E|E|f|E| |VAT||||19,226||3,742|| |Prepayments
Sundry debtors||||32,675
599,015|10,248
656,876|28,545
83,397|16,818
99,656| |||||650,916|667,124|115,684|116,475| |Debtors are all receivable||within one year|||||| ## ## ||Group|Hospice|Group|Hospice| |---|---|---|---|---| ||||2020as|2020as| |Trade creditors
Accruals
Deferred income
PAYE liability
Other creditors|2021
f
23,502
50,526
52,546
45,454
200,000|2021
f
1,360
49,906
10,000
42,454
200,000|restated
f
11,815
43,265
71,783
41,426
70,289|restated
f
7,205
40,913
19,000
38,225
70,298| ||372,028|303,720|238,579|175,641| ## ## |||||||||2021||2020| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||as|restated| |Amounts|falling|due|within|one|year|on|demand:|||f| |Bankloans||||||||200,000||| ## ## ## ## ## |MOVEIVIENT IN FU|NDS|||||||| |---|---|---|---|---|---|---|---|---| ||||||Prior|Net|Transfers|| ||||||year|movement|between|At| ||||At 1/4/20
f||adjustment
f|in funds
E|funds
f|31/3/21
f| |Unrestricted
funds||||||||| |General fund|||4,923,024||61,844|673,775|69,678|5,728,321| |Restricted funds||||||||| |Capitalexpansion|fund||||464,715|27,785||492,500| |Designated
fund||||69,678|||(69,678)|| |||||69,678|464,715|27,785|(69,678)|492,500| |TOTAL FUNDS|||4,992,702||526,559|701,560||6,220,821| |Net movement
in funds, included|||in the|above are as follows:||||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources
f|expended
f|losses
f|in funds
E| |Unrestricted
funds||||||||| |General fund|||||2,794,497|(2,417,922)|297,200|673,775| |Restricted funds||||||||| |Capital expansion|fund||||81,794|(54,009)||27,785| |TOTAL FUNDS|||||2,876,291|(2,471,931)|297,200|701,560| |Comparatives
for|movement|in|funds|||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1/4/19|in funds|funds|31/3/20| ||||||f|f|f|E| |Unrestricted
funds||||||||| |General fund|||||3,360,802|(221,196)|1,845,262|4,984,868| |Restricted funds||||||||| |Capital expansion
Designated
fund|fund||||464,715
1,916,786|(1,846)|1,846
(1,847,108)|464,715
69,678| ||||||2,381,501|(1,846)|(1,845,262)|534,393| |TOTAL FUNDS|||||5,742,303|(223,042)||5,519,261| |Comparative
net m|ovement
in funds, in|cluded
in the above are as foll|ows:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources
f|expended
E|losses
f|in funds
E| |Unrestricted
funds|||||| |General fund||1,873,363|(2,083,784)|(10,775)|(221,196)| |Restricted funds|||||| |Capital expansion|fund|12,808|(14,654)||(1,846)| |TOTAL FUNDS||1,886,171|(2,098,438)|(10,775)|(223,042)| ## ## ## ## ## ## ## ## ## ## ## ##