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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 4
Report ofthe Independent Auditors 5 to 7
Consolidated
Statement		 ofFinancial Activities
Consolidated
Balance Sheet
Charity Balance Sheet 10
Consolidated
Cash Flow		 Statement
Notes tothe Consolidated Cash Flow Statement 12
Notes to the Consolidated Financial Statements 13 to 25
Detailed Consolidated
Statement ofFinancial Activities		 26 to 27

for the year ended 31 March 2023
2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes 6 6 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 1,042,452 1,042,452 468,841
Charitable
activities		 6
Charitable
activities		 1,082,931 10,010 1,092,941 887,169
Other trading
activities		 3 1,045,337 1,045,337 895,656
Investment
income
Other income		 4 759
~2235		 ~7,016) 759
~4781)		 292
~1885
Total 3,173,713 2,994 ~3176707 2,253,843
EXPENDITURE ON
Raising funds 6 803,190 803,190 745,551
Charitable
activities		 7
Charitable
activities		 2,096,832 64,728 2,161,560 1,735,976
Other expenditure 246,366
Total ~2900022 64,728 ~2964750 ~2727 893
NET INCOME/(EXPENDITURE) 273,691 (61,734) 211,957 (474,050)
Other recognised gains/(losses)
Gains/(losses)
on revaluation
offixed assets		 ~66613) ~66,613 ~73955
Net movement
in funds		 207,078 (61,734) 145,344 (400,095)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 5,363,139 457,587 5,820,726 6,220,821
TOTAL FUNDS CARRIED FORWARD 5570217 ~395853 5,966,070 ~5820726

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes 6 8 8
FIXEDASSETS
Tangible assets
Investments		 18
19		 3,144,942
1,413,880		 395,852 3,540,794
1 413,880		 3,619,188
1 480493
4,558,822 395,852 4,954,674 5,099,681
CURRENT ASSETS
Debtors 21 231,577 231,577 429,250
Cash at bank 956,584 956,584 599,399
1,188,161 1,188,161 1,028,649
CREDITORS
Amounts
falling		 due within one year 22 (176,766) (176,766) (158,304)
NET CURRENT ASSETS 1011305 1,011,395 670,345
TOTAL ASSETSLESS CURRENT LIABILITIES 5,570,217 395,853 5,966,070 5,970,026
CREDITORS
Amounts
falling		 due after more than one year 23 (149,300)
NET ASSETS 557 . 17 305583 5066070,8 0726
FUNDS 26
Unrestricted
funds:
General
fund		 5,570,217 5,363,139
Restricted funds:
Capital expansion		 fund 5,553 457 587
TOTALFUNDS 5,966,070 5,820,726
These financial statements have been prepared in accordance
with the provisions		 applicable
to charitable		 companies
subject to the small companies
The financial statements
were		 regime.
approved		 by the Board of Trustees and authorised for r)/M3
issue on ........,1...(..!,....i...................
and were signed on its behalf by:

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes 6 6 5
FIXEDASSETS
Tangible assets
Investments		 18
19		 3,144,942
1,413,880		 395,852 3,540,794
1,413,880		 3,619,188
1,480,493
Other Investments 20 4 4 4
4,559,04 395,630 4,954,678 5,099,685
CURRENT ASSETS
Debtors 21 221,053 221,053 436,515
Cash at bank 883321 083321 535,804
1,104,374 1,104,374 972,319
CREDITORS
Amounts
falling due within one year		 22 (93,111) (93,110) (102,108)
NET CURRENT ASSETS 1 011,203 1,011,204 010 213
TOTAL ASSETSLESSCURRENT LIABILITIES 5,570,089 395,853 5,965,942 5,989,898
CREDITORS
Amounts
falling due after more than one year		 23 (149,300)
NET ASSETS 5, D D80 395 853 5 65942 5,820,598
FUNDS 26
Unrestricted
funds:
General
fund		 5,570,089 5,363,011
Restricted funds:
Capital expansion fund 305 0 3 457,587
TOTAI. FUNDS 5965942 5020598

Consolidated
Cash
forthe year ended		 Flow Statement
31 March 2023
2023 2022
Notes 8
Cash flows from operating
activities
Cash generated
from operations		 1 655,306 (137,165)
Net cash provided
by/(used		 in) operating activities ~655306 (137,116655)
Cash flows from investing
activities
Purchase oftangible
lixed assets
Sale oftangible
fixed assets
Interest received		 (106,270)
600
759		 (55,564)
4,100
292
Net cash used
in investing
activities		 ~104911) ~51 172)
Cash flows from financing
Loan repayments
In year
Interest on loan repayments		 activities (193,209) (8,057)
~1267
Net cash used
in financing
activities		 ~193209) ~6,790)
Change
in cash and cash
the reporting
period		 equivalents in 357,186 (195,127)
Cash and cash equivalents
beginning
ofthe reporting		 at the
period		 599,399 794,526
Cash snd cash equivalents
the reporting
period		 at the end of ~956584 ~599399

ACTIVITIES
2023 2022
8 6
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Ad)ustments
for:		 211,957 (474,050)
Depreciation charges 177,074 174,603
Loss/(profit) on disposal offixed assets 6,991 (1,460)
Interest received (759) (292)
Decrease in debtors
Increase/(decrease)
in creditors		 197,673
~62 370		 221,666
~57,632
Net cash provided
by/(used		 in) operations 655,306 ~137166)
ANALYSIS OF CHANGES IN NET FUNDS
At 1/4/22
6		 Cash flow
f		 At 31/3/23
6
Net cash
Cash at bank ~599399 357,185 956,584
~599399 357,185 956,584
Debt
Debts falling due within
1 year		 (43,909) 43,909
Debts falling due after 1year ~149,300 149,300
~193,209 ~193209
Total ~406 190 660,394 956,584

DONATIONS
AND LEGACIES		 DONATIONS
AND LEGACIES		 DONATIONS
AND LEGACIES		 2023 2022
6 6
Donations
Legacies		 203,940
~838511		 250,756
~205 335
1,042,451 ~456 091
3. OTHER TRADING ACTIVITIES 2023 2022f
Fundraising
events
Shop income
Lottery
Support groups
Catering
income		 138,435
516,146
309,146
11,652
~69 968		 104,418
428,980
306,207
6,748
49,305
1~045337 ~895656
4. INVESTMENT INCOME 2023 2022
6 8
Investment
Income		 759 292
5. INCOME FROM CHARITABLE ACTIVITIES 2023 2022
Grants Activity
Charitable		 activities 5
~1092941		 6
887,169
~1092941 ~887 169
Grants received,
included		 in the above, are as follows: 2023 2022
6
Local Health Boards
Trust and charitable
grants
Job Retention
Scheme		 663,461
429,480		 464,946
400,990
21,232
1,092,941 887,169
RAISING FUNDS
Raising donations and legacies 2023f 2022
F
Staff costs
Goods for resale &shop costs
Van costs
Office costs
Lottery pffizes
Lottery costs		 372,543
272,291
10,658
31,134
97,950
18,614		 376,760
225,105
8,639
27,479
93,600
13,968
~803 190 ~745 551

Support
Direct costs (see
Costs note 8) Totals
E E
Charitable activities ~2,096177 65,383 2,161,560
8. SUPPORT COSTS
Governance
Finance
f		 Other
E		 costs
f		 Totals
Charitable activities 11,038 ~44 951 9,394 ~65 383
Support costs, included in the above, are as follows;
Finance
2023 2022
Charitable Total
activities activities
E f
Bank charges 4,516 4,064
Loan interest 6,522 4,811
~11 038 ~B875
Other
2023 2022
Charitable Total
activities
f		 activities
f
Management wages ~44 951 40,000
Governance costs
2023 2022
Charitable Total
activities
f		 activities
Auditors' remuneration ~9394 ~4500
Current year figure Includes the audit accrual for2023.
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting);
2023 2022
f
Auditors' remuneration 9,394 4,500
Depreciation - owned assets 177,073 174,605
(Deficit)/surplus on disposal offixed assets 8,991 ~1460)

STAFF COSTS
2023
f		 2022
f
Wages and salaries
Social security costs
Pension costs		 1,726,848
149,890
~119121		 1,698,547
140,799
~116274
~1995,558 ~1,824 217

2022 COIIIIPARATIVES FOR T
GROUP		 HE STATEM ENT OF FINANCI AL ACTIVITIES
Unrestricted Restricted Total
fundf funds
E		 funds
E
INCOME AND ENDOWMENTS
Donations
and legacies		 FROM 460,986 7,875 468,841
Charitable
activities
Raising funds		 865,019 22,150 887,169
Other trading activities
investment
income
Other income		 895,656
292
1,984		 ~79) 895,656
292
~1885
Total 2,223,897 29,946 ~2,253843
EXPENDITURE ON
Raising funds		 745,551 745,551
Charitable
activities
Charitable
activities
Other expenditure		 1,735,976
181,506		 64,860 1,735,976
246,366
Pae17 conlinued,

Notes tothe Financial Statements
-continued
for the year ended 31 INarch 2023		 Notes tothe Financial Statements
-continued
for the year ended 31 INarch 2023		 Notes tothe Financial Statements
-continued
for the year ended 31 INarch 2023		 Notes tothe Financial Statements
-continued
for the year ended 31 INarch 2023
COMPARATIVES FOR THE STATEIIIIENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Total
fund funds funds
6 8
Total ~2663033 ~84 860 2,727,893
NET INCOME/(EXPENDITURE)
Other recognised
gains/(losses)		 (439,136) (34,914) (474,050)
Gains on revaluation
offixed assets		 73,955 73,955
Net movemsnt
in funds		 (365,181) (34,914) (400,095)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 5,728,321 492,500 6,220,821
TOTAL FUNDS CARRIED FORWARD 5,363,140 457,586 5,820,726
CHARITY
Unrestricted Restricted Total
fundf fund funds
6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 439,642 7,875 447,517
Charitable
activities
Charitable
Activities		 817,143 22,150 839,293
Other trading
activities
Investment
income
Other Income		 343,889
292
83,177		 ~79 343,869
292
~83098
Total ~1684,123 29,946 1,714,069
EXPENDITURE ON
Raising funds 209,260 209,260
Charitable
activities
Charitable
Activities		 1913999 64860 1 978,859
Total ~2,123 259 64,860 ~2188119
NET INCOINE/(EXPENDITURE)
Other recognised gains/(losses)		 (439,136) (34,914) (474,050)
Gains on revaluation
offixed assets		 73,955 73,955
Net movement
in funds		 (365,181) (34,914) (400,095)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 5,728,193 492,500 6,220,693
TOTAL FUNDS CARRIED FORWARD 5,363,012 ~457 586 5,820,598

The summary
financial pe		 rformance ofth e h ospice alone is:
2023 2022
E
Donations and legacies 1,038,412 447,517
Other trading
activities		 470,754 408,234
Investment
income
Grants
Other income		 759
292
1,092,941
858,451
~4,7827~457
2,598,084 1,714,069
Expenditure
on fundraising		 (247,199) (209,260)
Expenditure
on charitable
activities
Net gains/(losses)
on investments		 (2,138,928)
~66,8137		 (1,978,859)
73 855
Net incoming resources - surplus/(deficit) 145,344 (400,095)
FINANCIAL PERFORMANCE OF STKENTIGERN PROMOTIONS LIII/IITED
St Kentigern
Hospice owns the entire		 share capital ofSt Kentigern Promotions Limited
(company		 no.03265191
which operates a lottery and donates its surplus tothe hospice on an annual basis.
The trading
results ofSt Kentigern		 Promotions Limited, as extracted from the financial statements, are summarised
below:
2023 2022
6
Lottery income 309,146 306,207
Donations 4,040 8,573
Expenditure
on fundralsing		 313,186
~128790)		 314,780
~118,865)
Net surplus 184,396 195,915
Donation to hospice ~184396) ~195915)
Retained
in subsidiary
The assets and liabilities ofthe subsidiary were:
Current assets
Current
liabilities		 53,481
~53361)		 54,021
~53,891)
Total net assets/(liabilities) 130 130
Aggregate
share capital and reserves		 130 130

for the year ended 31 llllarch 2023
2023 2022
E 5
Income
Other income		 516,146 428,980
~28717
516,146 457,697
Expenditure
on fundraising		 ~449,833) ~420,907)
Net surplus 66,313 36,790
Amount donated
to St Kentigern		 Hospice ~66,313) ~36,790)
Retained
In subsidiary
Ths assets and liabilities ofthe subsidiary were:
Current assets
Current
liabilities		 44,083
~44 081		 45,248
~45 246)
Total net assets/(liabilities)
Aggregate
share capital and reserves

TANGIBLE FIXEDASSETS
Leasehold Technology
land and Leasehold and
buildings
6		 Improvements
6		 equipment
6
COST
At 1 April 2022
Additions
Disposals		 912,004 2,955,600
76,'654		 128,436
12,547
~28567)
At 31 March 2023 912,004 ~3032,254 «112416
DEPRECIATION
At 1 April 2022
Charge for year
Eliminated
on disposal		 555,077
22,800		 165,583
78,190		 51,828
20,594
~22,278)
At 31 March 2023 577,877 «243 773 50,144
NET BOOK VALUE
At 31 March 2023		 «334 127 ~2788481 «62 272
At 31 March 2022 356,927 ~2790017 76,608

18. TANGIBLE FIXEDAS SET S -continued
Fixtures
and Motor
fittings
f		 vehicles
6		 Totals
f
COST
At 1 April 2022
Additions
Disposals		 659,938
17,070
~174970)		 52,332 4,708,310
106,271
~203,537)
At 31 March 2023 502,038 52,332 4,611,044
DEPRECIATION
At 1 April 2022
Charge for year
Eliminated
on disposal		 290,132
49,035
~173,668)		 26,502
6,455		 1,089,122
177,074
~195,946)
At 31 March 2023 165,499 32,957 1,070,250
NET BOOK VALUE
At 31 March 2023		 ~336 539 19,375 3,540,794
At 31 March 2022 369,806 25,830 3,619,188
Ail fixed assets ofthe group are owned by the Hospice.
19. FIXEDASSET INVESTMENTS
Investments
f
MARKETVALUE
At 1 April 2022
Unreafised
Investment		 gains 1,480,493
~66,613)
At 31 March 2023 ~1413880
NET BOOK VALUE
At 31 March 2023 ~1413,880
At 31 March 2022 L480,493
There were no investmsnt assets outside the UK,
Investment
portfofios are held with Brewin		 Dolphin and Rathbones.
Afi fixed asset investments ofthe group are owned by the Hospice.
20. OTHER INVESTEMENTS
CHARITY
Shares
in group
undertaking
s
E
MARKET VALUE
At 1 April 2022 snd 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
Page21 roniinued ..

Group
2023
f.		 Hospice
2023
f		 Group
2022f		 Hospice
2022f
Trade debtors 10,732 10,732 104,103 104,103
VAT
Prepayments
Sundry debtors
Amounts
owed to group undertakings		 7,350
39,087
174,408		 22,402
174,141
13778		 7,574
46,807		 23,905
265,576
42 340
231 77 221,053 420250 438515
All debtors are receivable within one year.
22. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group Hospice Group Hospice
2023f 2023
f		 2022f 2022f
Trade creditors 54,663 28,098 11,479 7,746
Accruals 30,703 17,175 7,604 5,426
PAYE liability
Other creditors		 51,257
40,143		 47,837 48,633
46,675		 45,023
Bank loans ~43909 43,909
176,766 93,110 158,300 102,104
All creditors are payable within one year.
23. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Group Hospice Group Hospice
2023
f		 2023
f.		 2022
f		 2022f
Bank loans (see note 24) 149,300 ~149300
~149300 149,300
24. LOANS
An analysis ofthe maturity of loans is given below: 2023
f		 2022
f
Amounts
falling due within one year on demand:
Bankloans		 ~43 909
Amounts
falling between
Bank loans -1-2 years		 one and two years; 43,909
Amounts
felling dus between
Bank loans -2-5 years		 Iwo and five years: 105391

Minimum
lease payments
under		 non-cancell able
operating		 leases fall dus as follo ws:
2023
f		 2022
f
Within one year
Between one and five years
More than five years		 85,746
299,816
409,028		 34,039
75,011
70
194 90 109,110
At 31st March 2012, the charity had annual commitments off10 under a non-cancefiable
operating		 lease, which
expires on 31st August 2034.
During
the year, f87,143 (2022:f43,080)		 has been recognised within
the financial		 statements as an expense
relating to operating leases.
MOVEMENT
IN FUNDS
GROUP Net
movement At
At 1/4/22
f		 in funds 31/3/23
f
Unrestricted
funds
General
fund		 5,363,139 207,078 5,570,217
Restricted funds
Capital expansion
fund		 457,587 (61,734) 395,853
TOTALFUNDS ~5820726 ~145 344 ~5,986070
Net movement
in funds, included		 in the above are ss follows:
Incoming
resources
f		 Resources
expended		 Gains and
losses		 Movement
in funds
f
Unrestricted
funds
General
fund		 3,173,713 (2,900,022) (66,613) 207,078
Restricted funds
Capital expansion
fund		 2,994 (64,728) (61,734)
TOTALFUNDS «3,176 707 ~2964,750) ~66,613) 145,344
Comparatlves
for movement		 In funds Net
movement At
At 1/4/21
f		 in funds
f		 31/3/22
f
Unrestricted
funds
General fund		 5,728,321 (365,182) 6,363,139
Restricted funds
Capital expansion
fund		 492,500 (34,913) 457,587
TOTALFUNDS 6,220,821 ~400,095) ~5820 726
23 conllilllell

Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted funds
General
fund		 2,223,897 (2,663,034) 73,955 (365,182)
Restricted funds
Capital expansion fund 29,946 (64,859) (34,913}
TOTAL FUNDS 2,253,843 ~2,727893} 73,955 ~400,095)
TY
Net
movement At
At 1/4/22 in funds 31/3/23
E E E
Unrestricted funds
General
fund		 5,363,011 207,078 5,570,089
Restricted funds
Capital expansion fund 457,587 (61,734) 395,853
TOTAL FUNDS 5,820,598 145,344 ~5965,942
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
E. E E E
Unrestricted funds
General
fund		 2,595,090 (2,321,399) (66,613) 207,078
Restricted funds
Capital expansion fund 2,994 (64,728) (61,734)
TOTALFUNDS ~2598084 ~2386,127) ~66613) ~145344
Comparatlves for movement in funds
Net
movement At
At 1/4/21 In funds 31/3/22
E
Unrestricted funds
General fund 5,728,193 (365,182) 5,363,011
Restricted funds
Capital expansion fund 492,500 (34,913) 457,587
TOTAL FUNDS 6,220,693 ~400,095) 5,820,598

Compara tive
net		 movement
in funds,		 included
In the above are		 as follows:
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f		 in funds
8
Unrestricted
funds
General fund 1,684,123 (2,123,260) 73,955 (365,182)
Restricted funds
Capital expansion fund 29,946 (64,859) (34,913)
TOTAL FUNDS 1,714,069 ~2, 188,119) 73,955 ~400095)