REGISTERED COMPANY NUMBER: 02216886 (England and Wales)
REGISTERED CHARITY NUMBER: 519931
Report of the Trustees and
Audlted Flnanclal Statements
forthe Year Ended 31 March 2024
St Kentlgern Hospl¢e
Consolldated
(A Company Llmlted by Guarantse)
Salisbury & Company Business Sdutions Limited
Statulory Auditors
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 ORN

St Kentlgern Hospice
Consolldated
Contents of the Financial Statements
for the year ended 31 March 2024
Page
Report of the Trustees
1 to 4
Report of the Independent Auditors
5 to 7
Consolldated Statement of Flnanclal Actlvltles
Consolldatsd Balance Sheet
Charlty Balance Sheet
10
Consolldated Cash Flow Slatement
11
Notes to Ihe Ca8h Flow Statemenl
12
Nole8 lo tho Flnanclal Stalements
13 to 25

St Kentlgein Hosplce
Consolidated
Report of the Trustees
for the year ended 31 March 2024
The Trustees who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with
the consolidated financial statements of the Charity and its subsidiaries for the year ended 31 March 2024. The Trustees
have adopted the provisions of Accounting and Reporting by Charities= Slalement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and
Republic of Ireland IFRS 102) (effective 1 January 20151-
OBJECTIVES AND ACTIVITIES
Objectlves & alms
The charity's objective. and its principal activity, continues to ￿ providing specialist palliative care to people with
advanced, life-limiting progressive disease and to support their families and carers. Our multi-disciplinary team strives to
enable the hi9hesl quality of life for our patients in meeting their physical. psychological, soci81 and spiritual needs. We
provide inpatient care on our inpatient unit to support patients who require symptom management, rehabilitation. planned
respite and end of life care. We also provide outpatient setvices through our Wellbeing Hwb. providing a range of support
and acliviliés for patients including a wellbeing programme and fatigue and breathlessness groups. There is emotional
support for carers and bereavement support and counselling from our Family Support Team. Our patients and their
carersmamilies also have support from complimèntary therapists, music and art therapists.
As a Hospice we have a unified objective of working as "one team" to support our strategic direction. Our stratèglc alms
and objectives have been set and we are measuring our performance against them. We are ambitious lo continue being
a centre of excellence for the provision of specialist palliative Care, through our commitment to continuous improvement
in all that we do.
How we work proactively with the Health Board and Welsh Government to demonstrate the importance of the services
we provide is essential with the aim lo optimise the statuary income we receive.
The Hospice also works closely with the North Wales Cancer Treatment Cenlre, other charitable organisations and our
own team of volunteeis to provide care and support to patients, their families and carers.
The Trust888 confirm that they have referred to the guidance contained in the Charity Commi88ion'$ general guidance
and comply with the Charities Act 2011 s17 (5} on public benefit when revi8wing the charity's aims. objectives and
operations and setti'ng the policy for Ihe year.
Slgnlflcant a¢tSvltles
Llvlng wlth Cost of Llvlng Crl8ls
2023-24 will be remembered as a year for a cost of living and energy crisis whith negatively impacted on our income
generation activities through fundraising. our shops and our lottery, and thus on our financial and business operations.
We also faced challenges with récruitment of staff during the year, viith natr'onal sh¢)rtag8s of the workforce both clinically
and non-clinically.
Hospices nationally are eXper￿ntIng an impact on income and Iheir Cost base. DuTing 202312024 we received 20% of
our costs from statutory funding. We currently receive 24%, the remainder must be achieved through fundraising. Wè ar8
hugely grateful for thè continued and valued support of those who enter our lottery. purchase raffle tickets, use our retail
shops. give donations, visit our Cafe Cariad and remember us in legacies. Without this community support we couldn't
offer the continued sp8cialisl services we deliver to our patients and their families. Thank you to all who are committed in
supporting the Se￿￿eS we deliver to those in our community.
Ther8 has been a sustained and increased demand for bereavemenl and family seryices support, and this will definltely
be an area of local and national interest as we conlinue lo experience Ihe future impact of the pandemic, not only in
palliative and end of life care. but in the general health of the populats'on. It wll certainly influence how we move forward
and plan how we will need to respond to these new demands.
Our fundraisers have moved to both community events and online campaigns, developing corpoiate champions, and
enabling supporters to geneTate incorne. Retail have improved the prcresses of receiving. selling. delivering and
collecting donated items.
We were grateful for and humbled to receive a number of legacies in the year.
During the year, the Board of Trustees provided strategic direction and support to the CEO and the senior management
team and have been assured and are confident of the due diligence Ihe management team delivered.
In December 2023. a new CEO was appointed, following the resignation of the previous CEO.
The Board of Trustees acknowledge and give ihanks to all the staff and volunteers who make St Kentigern Hospice the
special place it is, who place patients. their families and carers at Ihe heart of all we do, focussing on each individual
person's needs. beliefs and life experience and what matters to them.
Page 1

St Kentigem Hosplce
Consolidated
Report of the Trustees
for the year ended 31 March 2024
No￿lthstanding the on-going c05t of li￿ng and energy c¥isis. together with the lasting impact of Covid 19, the Board of
Trustees look forward lo and remain positive about St Kentigern HospI￿'S future, ￿th in continuing lo provide specialist
palliative care for ils local populations and in further devdoping the services it provides over the coming years.
OBJECTIVES AND ACTIVITIES
Public benefit
The trustees have paid due regard to guidan￿ issued by the Charty Commission in deciding what activities the
charitable company should undertake.
FINANCIAL REVIEW
Flnanclal positlon
The statement of financial activities shows a net surplus of £73,699 and our reserves stand al £6,039,769, which
include5 cash al bank of £3S£.422. The result is encouraging given current erA)nomic dimate we face.
St Kentigern Trading Limited (which comprlses of all retail activities arKI Caffi Cariad) produced a surplus. donated lo the
charity, of £144.406 and St Kenligem Promotions Limited a surplus, donated of £167.420. Both subsidiaries, results are
encouraging.
Our objective is to provide sustainable end of life care and we consiantly measure and review our performance against
budget and future plans.
We are always very grateful to our volunteers and supporters, who contribute in so many ways and who have b88n so
generous In supporting the Hospice and our staff.
Investment pollcy and obJ8ctlve8
Under the Memorandum and Articles of Association, the charty has the power to make any investment whlch the
Trustees see fil in accordance wth the Trustee Act 2000. Surplus funds are deposited at the best rates of return provided
by our bankers.
ReseN88 pollcy
The Trustees, pollcy Is to ensu￿ thal reserves and funding are sufficient to support the continuatlon of our clinical
seryices for more than ￿e1ve months. The Trustees are confident that fundraising, donalions and government funding
wlll continue and that Ihe current reserves of the charity are satisfactory.
Golng concern
The Trustees have prepared income and expenditure and cash flow forecasts to 31 st March 2025 and are satisfied that
the financial slalemenls should bè prepared on a going concern basis. Cash balances are deemed sufficient to meet any
outgoings for the next 12 months.
FUTURE PLANS
We are focussed on delivering the objeth'ves set out in our 5 year strategy 2¢y23-2028, setting clear aims through an
annual delivery plan.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing thument, a deed of trust. and constitutes a limited company, limited by
guar8ntee, as defined by Ihe Companies Act 2006.
Recrultment and appolntment of new trustee8
Trustees come from various backgrounds. Trmth a variety of skills and expertise. and newly appointed Trustees undergo
an induction to the objectives, scope and policies of the charity and a skills analysis to assess their strengths and any
development needs. which may require training.
Organlsatlonal structure
St Kentigem Hospice is a registered charity and company limited by guarantee and governed by thè Memorandum and
Articles of Association.
The Board of Trustees, joined by the Executive Management Team meets biwmonthly to set the strategy of the chanty.
The Chief Executive is Ihe accountable officer to the board of trustees for all Hospice operations, she is the Registered
Responsible Individual wilh Health Inspeclorale Wales (H.l.W) and is supported by an Executive Management Team,, a
Matron who leads on the delivery of all clinical Servi￿ who is the Registered Manager with H.l.W'. an Operations
Manager who leads on the operational requirements of the hospi￿., a Head of Income Generation, Marketing and
Communications who leads all income generation departments and a Finance Manager. The hospice is supported by
an increasing number of volunteers in all departments viithin the hospice. I￿lL￿11r￿j fundraising and in our shops.
Page 2

St Kentigern Hospic•
Consolldated
Report of the Trustees
for the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Related partles
The charity has wholly owned trading subsidiaries= St Kentigern Trading Limited. vthich operates shops selling
donated goods and also Caffi Cariad, and Sl Kentigern Promotions Limited. which operates a lottery and one wholly
owned dormant subsidiary." St Kenligern Marketing Limrted.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02216886 {England and Wales)
Reglstered Charlty number
519931
Regi8tered offlco
Upper Denbigh Road
Sl Asaph
Oenbighshire
LL17 ORS
Trustees
Or U Bisarya
Mrs J A Owen
Mr J E Osborne
MrJROw8n
Ms A Hind
J S Thomas Chair
Mr G Kershaw
Mr G H Jones
Mr J G Thomas (appointed 1917123)
Ms R M Clarke lappoinled 19n123)
Ms R M Williams (appointed 1917123)
Mr A A Thomas (appointed 19n123)
Company Socretary
Mrs J A Owen
Audltors
Salisbury & Company Business Solutions Limited
Statutory Auditors
Chartered Accountants
Irish Square
Uppèr Denbigh Road
St Asaph
Denbighshire
LL17 ORN
Page 3

St Kentlgem Hospice
Consolldated
Report of the Trustees
for the year ended 31 March 2024
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Truslees {who are also the Directors of St Kentigern Hospice for the purposes of company lawl are responsible for
preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting practi￿), including Finanaal Reporting
Standard 102 "The Financial Repofttng Standard applicable in the UK and Republic of Ireland"
Company law requires the Trustees to prepare financial statements for each finanaal year which give a true and fair view
of the slate of affairs of the charitable company and of the incoming resources and application of resources, including the
income and expenditure. of the charitable company for that period. In preparing those financial statements. the Trustees
are required to
select suitable accounting polictes 8rKI then apply them consistently.,
observe the methods and principles in the Charity SORP..
make judgements and estimates that are reasonable and prudent-
prepare the financial slalements on the going concern basis unless it is inappropriate to presume that the charitabl8
company will continue in business.
The Trustees are responsible for keeping proper accounting records disdose with rèasonable accuracy at any
time the financial position of the charitable company and to enable them to ensure that the financial slalements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In 80 far as the Trustees are aware..
there is no relevant audit information of which the charitable company'$ auditors are unaware., and
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infomialion and to èstablish Ihat the auditors are aware of that information.
AUDITORS
The auditors, Salisbury & Company Business Solulions Limited, will be proposed for re-appointment at the forthcoming
Annual General Meeting.
Approved by order ofthe board oftrustees on ...... ..............
arKI ￿gned on ils behalf by..
wen - Trustee
Page 4

Report of the Independent Auditors to the Members of
St Kentlgern Hospl¢e
Consolidated
Opinion
We have audited the financial statements of St Kentigem Hospice Consolidated (the 'charitable companVI for the year
ended 31 March 2024 which comprise the Statement of Financial Activilies. the Balance Sheet, the Cash Flow Statement
and notes lo the financial slalements. induding a summary of significant accounting policies. The financial reporting
framewofk that has been applied in their preparation is applicable law and United Kin9dom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice), including Financia Reporting Standard 102 The Financial
Reporting Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial slalemenls".
give a true and fair view of the slate of the Group's and of the parent charilable companls affairs as at 31 March 2024
and of the Group's incoming resources and application of resources. induding its income and expenditure. for the year
then ended.,
have been properly prepared in accordance with United Kingdom Generally Accept8d Accounting Practice, indudin9
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,; and
- have been prepared in accordan￿ with the requirèments of the Companies Act 2(K6.
Basls for oplnlon
We conducted our audit in accordance with Intemalional Standards on Auditing (UK) IISAS (UK)) and applicable law. OUT
responsibiliti&s under those standards are further described in the Auditors. responsi￿.11t1es for the audit of the financial
slalements section of our report. We are independent of the charitable company in accordan￿ with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard.
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that Ihe audit
evidence we have obtained is sufficient and appropriate to provide a b8$is for our opinion.
Concluslon8 relatlng lo golng concem
In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may cast significant doubt on the charitable company'$ ability lo continue as a going
concern for a period of at least I￿Ve1Ve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant
sections of this report.
Other Informallon
The Itustees are reSponsi￿e for the other info￿nation. The other information ￿MpriSeS the information included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other infomation and. except to the extent otherw$e èxplialty
stated in our report, do not express any fomi of assurance conclusion thereon.
In connection wlh our audit of the financial statements, our responsibility is to read the olhef information and, in doing
so. consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we idèntify such material inconsistencies or
apparenl material misststements, we are required to determine whether this gives rise lo a material misstatement in the
financial statements themselves. If, based on the work we have performed. we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothing lo report in this regard.
Oplnlons on other matter8 pre8crlbed by the Compan188 Act 2006
In our opinion. based on the work undertaken in the course of the audit
th8 information given in the Report of the Twstees for the finanGial year for vthich the financial statements are
prepared is consislenl wlh the financial statements,. and
the Report ofthe Trustees has been prepared in accordan￿ with applicable legal requirements.
Matter8 on whlch we arè requlred to report by exceptlon
In the light of the knowledge and understanding of the charitable company aThJ its environment obiain8d in the course of
the audit. we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the followng matters where Ihe Companies Act 2006 requires us to report to you
if, in our opinion..
adequate accounting records have not been kept or retums adequate for our audit have not been received from
branches not visited by u5- or
the financial statements are nol in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.. or
the Irustees were not entiled to take advantage of the small companies exemption from the requirement to prepare
strategic Report or in preparing the Report of the Trustees.
Page 5

Report of the Independent Audltors to the Members of
St KentlgeTn Hosplce
Consolidated
Responslbllltles of trustees
As explained more fully in the Statement of Trustees, Responsibilities. the trustees (who are also the directors of the
charitable company for the purposes of company law} are responsible for the preparation of the financial statements and
for being satisfied that they give a true and lair view. and for such internal control as the trustees determine is necessary
to enable the preparation of financial statements that are free from material misstalemenl, whether due to fraud or error.
In preparing thè finanrid stalemenls. the trustees are responsible for assessing the charitable company's ability to
continue as a going concern. disclosing, as applicable. matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the charitable ￿)MpanY or to cease operations. or have
no realistic alternative bul to do so.
Our responslbllltles for the audit of the Ilnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misststement. whether due lo fraud or error. and to issue a Report of the Independenl Auditors that indudes our
opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in
accordance with ISAS {UKI will always detect a material misslalement when it exists. Misstatements can aiise from fraud
or error and are considered material if. individually or in the ag9regate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis of these financial stalemenls.
The 8Xtent to which our procedures are capable of detecting irregulaiities, induding fraud is detsiled below..
Irregulari118s, Including fraud, are instsnc8s of nonwcompliance wth laws and regulalions. We deslgn procedures in line
with our responsibilities, outlined above. to detect material misslalements in respect of irregularities, including fraud.
Owing to the inherent limitations of an audit. there is an unavoidable risk that material misslalement in the finan￿al
statements may not be delecled, even though the audit is properly planned in accordan￿ with ISA (UKI.
We obtained an understanding of the legal and regulatory frameworks applicable to the company and the industry In
which it operates through our gener81 commercial and sector experience and discussions with management. We
determined that the following laws and regulations were most significant: The Companies Act 2006, FRS 102 the
'Financial R8POrting Standards applicable in the UK and Republic of Ireland, and relevant UK tax legislation. In addition,
we concluded that therè are certain laws and regulations that may have an effect on the determination of the amount8
and dI￿lOSureS wfrthin the finan¢iaS statements such as Health arKI Safety laws and regulations.
We accessed the susceptibility of the company's financial statements to material misstatement, includlng h¢)w fraud
might occur. Audit procèdures performed by the engagement team included..
Discussions with management. induding consideration of kn¢)wn Of suspected instances of non-compliance wth laws
and regulations or fraud..
- Obtain an understanding of the inlemal controls that management have in place to prevent and detect fraud:
- Challenging assumptions and judgements made by management in its significant accounting eslimales,.
Reviewing the financial slalement disclosures and assessing the appropriateness of the accountlng policies used.,
Identifying and testing journal entriès. in particular manual or unusual entries.,
Obtaining third party confirmations of all the companies banking arrangements.,
Performing analytical procedures to identify any unusual or unexpected relationships..
Conclude on the appropriateness of the directors, use of the going concern basis of accounting.
The assessment of the appropriateness of the collective competence and capabilities of the engagement team included
¢onsideralion of the engagements team's knowledge of the industry in which the dienl operates in and understanding of,
and practical experience with, audit engagements of a similar nature and complexity through appropriate training and
participation.
There are inherent limitati￿S in the audit procedures described above. We are less likely to become aware of instances
of non-compliance with laws and regulations that are not dosely related to events and transactions reflected in Ihe
financial statements. Also. the risk of not delecling a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error. as fraud may involve deliberate concealment.
Our audit procedures are designed to detect material misstatement. We are not responsible for preventing non-
compliance or fraud and cannot be expected to detect non-CL)mpllan￿ wth all laws and regulations.
A further description of our responsibilities for the audit of the finanaal statements is located on the Financial Reporting
Council's website al www.frc.org.uklauditorsresponsibililies. This de￿rIptIOn forms part of our Report of the Independent
Auditors.
Page 6

Report of the Independent Auditors to Ihe Members of
St Kentigem Hospice
Consolidated
Use of our report
This report is made solely to the charitable company's members. as a body, in accordan￿ 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 Ihem in an auditors, report and for no other purpose. To the fullest
extent permitted by law. we do nol accept or assume responsibility to anyone other than the charitable company and the
charitable company's members as a body, lor our audit work. for this report, or for the opinions we have formed.
I,I,L., .] ( Q
Aled Roberts BA FCA (Senior Statutory Auditor)
for and on behalf of Salisbury & Company Business Solutions Limiied
Statutory Auditors
Chartered Accountants
Irish Square
Upper Denbigh Road
st Asaph
Denbighshire
LL17 ORN
Dale..
..l..Q..- q -..2.y2.
Page 7

St Kentigern Hosplce
Consolidated
Consolidated Statement of Fir￿nCIal Actlvltles
for the year ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
827.448
827,448
1,042,451
CharStable activities
Charitable activities
1,264,036
1,264,036
1.092.941
Other trading activities
Investment income
Other income
1,272.623
7.573
7.416
1.272,623
7,573
7,416
1,045,337
759
4,781}
Total
3.379,096
3.176.707
EXPENDITURE ON
Raising funds
931.255
931,255
803,190
Charltable actlvllles
Charitable activities
2 531.648
2 531.648
2,161,560
Totol
3.462,￿33
3 462 903
NET INCOMEIIEXPENDITURE
Other recognl8ed galn81(lossesl
Gainslllossesl on revaluation of fixed assets
(83,80n
(83.807)
211,957
157 506
66,613)
Net movement In funds
73,699
73.699
145,344
RECONCILIATION OF FUNDS
Tolal fund8 brought forward
5.570,217
395.853
5,966,070
5,820,728
TOTAL FUNDS CARRIED FORWARD
5.643.916
395.853
6.039,769
5 986 070
The notes form part of these financial statements
Page 8

st Kentigern Hospice
Consolldated
Consolidated Balance Sheet
31 March 2024
2024
Total
lunds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Investments
19
20
3.067.534
2.071.386
334,153
3,401,687
2.071,386
3.540.794
1,413,880
5.138.920
334,153
5.473,073
4,954,674
CURRENT ASSETS
Debtors
Cash at bank
22
370.642
334,721
370,642
396,422
231,577
956 584
61.701
705,363
61,701
767,
1,188.161
CREDITORS
Amounts falling due within one year
23
(200.36n
{1)
I2￿,368}
(176.7651
NET CURRENT ASSETS
504.9
61.700
588,696
1011396
TOTAL ASSETS LESS CURRENT LIABILITIE8
5.643.918
395,853
6,039,769
5,986,070
NET ASSETS
5.643.918
395,853
6,039,769
5 966,070
FUNDS
Unrestricted funds:
General fund
Restricted funds..
Capital expanslon fund
24
5.643,916
5,570,217
395,853
395.853
TOTAL FUNDS
6.039 769
5,966,070
These financial Statements have been prepared in xcordance the provisions applicab￿ to charitsble companies
sublect to the small companies regime.
ial statements were approved by the Board of Trustee8 and authorised for Issue on
Yfrfi:124
. arKI were signed on its behalf by..
wen-
The notes form part of these financial statements
Page 9

St Kentigem Hospice
Consolidated
Charlty Balance Sheet
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
ftjnd
Notes
FIXED ASSETS
Tangible assets
Investmènts
Investments
Social investments
19
3,067,534
334.153
3.401.687
3.540,794
20
21
2,071.386
2,071,386
1,413,880
5.138.924
334,153
5,473,077
4,954,678
CURRENT ASSETS
Debtors
Cash at bank
22
374,758
646,370
374.758
646.370
221,053
883 321
1.021.128
1,021,128
1,104,374
CREDITORS
Amounts falling due wthin one year
23
(127.272)
(328.712)
1455.984)
(93,1101
NET CURRENT ASSETS
328 712
565 144
1011,264
TOTAL ASSETS LESS CURRENT LIABILITIES
6.032,780
5,441
6.038,221
5,965.942
NET ASSETS
6 032.780
6 038 221
5 965 942
FUNDS
Unrestricted funds
Restricted funds
24
6.032.780
5,441
5.570,089
395,853
TOTAL FUNDS
6,038 221
5,965 942
These fin8ncial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
ncial statements vMre approved by the Board of Trustees and aulhorised for issue on
r°.￿/,4.1.¥
and were signed on its behalf by..
- Trus
en-
The notes fonn part of these financial statements
Page 10

st KentigeTn Hospice
Consolidated
Consolidated Cash Flow Statement
for the year ended 31 March 2024
2024
2023
Notes
Cash flows from operatlng activities
Cash generated from operations
525,59n
655.305
Net cash (used inllprovided by operating activities
525.597}
855,305
Cash flovA from Investing activltles
Purchase of langible fixed assets
Sale of tangible fixed assels
Interest recèived
(42,138)
{106,2701
600
759
Net cash used in investing activities
34,565)
104 911)
Ca8h flows from flnanclng actlvltle8
Loan repayments in year
193 2091
Net cash provided byl{used in) financing activities
193.2091
Change In cash and ¢48h equlvalents In
the reportlng period
Cash and cash equlvalents at the
beglnnlng of the reportlng perlod
1560,162)
357,185
599,399
Cash and cash equlvalents at the ond of
the reportlng perlod
956 584
The notes form part of these finanual statements
Page 11

st Kentigem Hosplce
Consolldated
Notes to the Cash Flow Statement
for the year ended 31 March 2024
RECONCILIATION OF NET (EXPENDITUREVINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expendlture}lincome for the reportlng perlod {as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Investment reclassification
(Increaselldecrease in debtors
Increase in creditors
(83,807}
211,957
179.707
1,539
17.5731
(S￿,000)
1139,0661
23.803
177,074
6.991
{759)
197,672
Net cash {u8ed Inllprovlded by operatlons
525 597)
655 305
ANALYSIS OF CHANGES IN NET FUNDS
Ai 114123
Cash flow
At 3113124
Nel cash
Cash at bank
956,584
560.162
396,422
560,162
396,422
Total
956 584
560 1621
396.422
The notes fomi part ofthese financial statements
Page 12

St Kentlgern Hospice
Consolldated
Notes to the Financlal Statemenls
for the year ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The consolidated financial statements of the charitable ccthpany and its subsidiaries. which is a public benefit
entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 102) 'Accountin9 and
Reporting by Charits'es.. Statement of Recommended Pfaclice applicable to charities preparing their accounts in
accordance with the Financial Repo￿.ng Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective 1 January 20191,. Financial Reporting Standard 102 'The Financsal Reporting Standard applicable in the
UK and Republic of Ireland, and the Companies Act 21X]6. The financial statements have been prepared under
the historical cost convention, with the exception of investments ￿1¢h are induded al market value.
Income
Incoming resources represent amounts raised from fL￿￿Tai51ng. shops trading. grants, donations and income gift
aided by subsidiary trading companies. Fundraising and donations income is fecognised when received and
banked. Retail income is recognised at pjint of sale. Gifts donated for sale are included income al the point of
sale. No amounts are induded in the financial statements for Se￿ICe$ donated by volunteers.
For legacies, entillemenl is taken as the earlier of the date on which either.. the charity is awa￿ thal probate is
granted, the eslale has been finalised and notification has been made by the executors lo the hospice that a
distribution will be made. or when a distribution is received from the eslale. Receipt of a legacy, in whole or In
part, is only considered probable when the amount can be measured reliably and the charity has been nolified of
the executor's intention to make a distribution. Where18gacies have been notified lo the charity, or the charity is
aware of the granting of probate. and the criteria for income recognition have not b8en met. then the legacy 1$
treated as a conlingenl asset and disclosed if material.
Grants receivable are sel against capital exp&ndilure to which they relate in the period in which the charity is
entitled to receipt. Revenue grants ale included in the period they are received.
Expandlture
Liabilities are recngnised as expenditure as soon as there is a legal or constructiv8 obligation committlng the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been dassified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to P8rticular headings they have been allocated to adivities on a basis conslslent wlth the use
of resources.
Allocatlon and apportlonment of costs
Overhead and support costs are allocated between charitable actiwti8s and governance costs.
Tanglble flxed assets
Depreciation is provided at the following annual rates in order to vffite off each asset over its estimated useful lifè.
Leasehold improvements
Technology and equipment
Fixtures and fittings
Motor vehides
Slraighl line over 40 years
20Yo on Cost
10% on cost
25% on reducing balance
TanglI￿e fixed assets are initially recognised at cost of acquisition induding any costs that are diredy attributable
lo bringing the assets into VI￿[king condition for their intended use.
Taxatlon
The charity is exempt from corporalion tax as all its income is charitable and is applied for charitable purposes.
Fund accountlng
Unrestricted funds can be used in accordance wth the charitable objectives at the discretion of the truslees.
Restricted funds can onty be used for particular restricted purposes within the objects of the charity. Restrictions
arise when speofied by the donor or when fund5 are raised for particular restricted putposes.
Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements.
Donated Servlces
The basis of valuation for donated services of volunteers is that deemed costs are not recognised within the
statement of financial activibes.
Page 13
conlinued...

st Kenllgern Hospice
Consolidaled
Notes to the Financial Stalements - continued
for the year ended 31 March 2024
ACCOUNTING POLICIES - contlnued
Pension Scherne
A defined benefit pension scheme is operated for all eligiile employees. The assets of the scheme are held
separately by Ihe National Health Service Superannuation Scheme. Conlributsons to the scheme are charged to
the profit and loss account as these are incurred. This pension scheme does not have a real pension fund but, as
a statutory scheme, benefits are fully guaranteed by the government. Contributions from both members and
employers are paid to the exchequer, which meet the cost of increasing benefits each year by the rale of inflation.
This extra cost is not met by contributions from scheme members and employers. As a result of the nature of the
pension scheme. there are no separately identifiable assets and liabilib'es which can be identified as relating to St
Kentigern Hospice. Therefore, as permitted by FRS 102. the schéme has been accounted for as a defined
contribution scheme.
Irrecoverable VA T
Irrecovérable VAT is charged against the calegory of ￿sOurceS expended for which il was inojffed. VAT 126
claims for VAT r&lating to norFtrading expenditure of the charity started being submilled in Apnl 2015.
Group Aecounts
These financial statements consolidate the results of the charity and its subsidiary companies, Sl Kentigern
Promotions Limited and St Kentigem Trading Limited on a line by line basis. A separate Slalemenl of Financial
Activities for the charity is not presented because the charity has taken advantage of the exemplions afforded by
paragraph 393 of the SORP and sedion 408 of the C¢)mpanies Act 2006. The charity owns shares in St
Kentigern Trading Limited, St Kenligem Promotions Limited and St Kentigern Marketing Limited Idormantl and
directors of these companies are also directors of the charity.
Investments
Investments are induded in th8 financial ststements al market vabje. Realised gains and losse8 are recognised
in the a¢￿unt$ on disposal of the investment and unrealised gains and10sses reflect the movement in market
value from the previous per￿1 end, or frC￿ the value al acquisition if later.
Investments in subsidiaries are accounted for at fair valu&. Changes in fair value are recognised in the statement
of financial activities.
Stocks
Stock and work in progress Is valu8 at the lower of cost and net reali68ble value. Gifts donated to hosy'ce shops
are valued at a nil cost and included as income at the point of sala.
Deblors
Trade and other deblors are recognised at the settlement amount due. Prepayments are valued 8t the amount
prepaid.
Cash and cash equlvalents
Cash at bank and cash in hand indude cash within bank accounts held by the charity and its trading subsidiaries
and cash float amounts.
Costs of ralslng donatlon and legacles
The costs of generating donations and legacies indude Ihe salaries of Ihe fundraising team and the associated
overheads.
Charltable actlvltles
The costs of charitable activities include the salaries of the medical. nursing and Cat￿Ing staff, cost5 of therapies,
medical requirements and premises costs.
Bank Interest
The Charity recognises bank interest on maturity and receipt. rather than when ar£rued.
Page 14
continued...

st Kentigern Hospice
Consolldated
Notes to the Flnancial Statements - continued
for the year ended 31 March 2024
DONATIONS AND LEGACIES
2024
2023
Donations
Legacies
249.424
578.024
203,940
838,511
827.448
1.042,451
OTHER TRADING ACTIVITIES
2024
2023
Fundraising evenls
Shop income
Lottery
Support groups
Catering income
234,509
604,427
280.792
7,844
138,435
516,146
309,146
11,652
89.958
1.272.623
1,045,337
INVESTMENT INCOME
2024
2023
Investment income
7,573
759
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Charitable activities
Grants
1.264.036
1.092.941
Grants received, included in the above, are as foll¢)ws.'
2024
2023
Local Health Boards
Trust and charitable grants
684,546
579 490
663,461
429 480
RAISING FUNDS
Ra181ng donatlons and legacle8
2024
2023
staff costs
Goods for resale & shop costs
Van costs
Office costs
Lottery prizes
Lottery costs
483,362
2￿,117
9.850
36.166
96,200
372,543
272,291
10,658
31,134
97,950
931255
803.190
Page 15
continued...

St Kentigern Hospice
Consolidatsd
Notes lo the Flnan¢lal Statements - continued
for the year ended 31 March 2024
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 81
Direct
Costs
Totals
Charitable activities
2.469,833
61.815
2,531,648
SUPPORT COSTS
Governance
Finance
Other
Tolals
Charitable activities
3.645
52.070
6,1C
61,815
Support costs, included in the above, are as follows..
Flnance
2024
Charitable
activities
2023
Total
aclivilies
Bank charges
Loan interest
3,645
4.516
6.522
Other
2024
Charitable
activitiès
2023
Total
activities
Management wages
44.951
Governance co818
2024
Charitable
activities
2023
Total
activities
Auditors, remuneration
6,100
9,394
NET INCOMEI(EXPENDITURE)
Net incomel{expenditure) is stated after thargIn￿(credIb'ng)'.
2024
2023
Auditors, remuneration
Depreciation - own8d assets
Deficit on disposal of fixed assets
6.11JQ
179,706
1,539
9.394
177,073
6,991
Page 16
continued...

st Kentigern Hospice
Consolidated
Notes to the Flnancial Statements - contlnued
for the year ended 31 March 2024
10.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year erKled 31 March 2024 nor for the year ended 31 March 2023.
11.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Pension costs
2,023,282
175,936
126 720
1,726,848
149.890
119,121
2 325.938
1.995 558
Key management personnel compen8Jtlon
The total remun8ration paid to key management personnel during the y8ar was £193,166 {2023'. £197.1721.
Th8 average monthly numbèr of employees during the year was as follows".
2024
2023
Administration
Hospice operations
InTh)mè generation
58
30
63
22
95
89
No employees received emoluments in eX￿sS of £60,OCKI.
The average whole time equivaient employe88 during the year was as follows..
2024
2023
Administration
Hospice
Income Generation
45.4
18.9
45.6
17.2
68.7
66.2
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
GROUP
Unrestricted
fvr)d
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,042,451
1.042.451
Charltable actlvltles
Charitable activities
1,082,931
10.010
1,092,941
other trading activities
Investment income
Other income
1.045,337
759
2.235
1,045,337
759
7,016
Total
3,173713
2.994
3,176,707
EXPENDITURE ON
Raising fund5
803.190
803,190
Page 17
continued...

St Kentigern Hospice
Consolldated
Notes to the Finan¢lal Statements - continued
for the year ended 31 March 2024
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued
Unrestricted
fur)d
Restricted
funds
Total
funds
Charltable actlvltles
Charitable activities
2.096.832
2,161.560
Total
2.900 022
64.728
2,964.750
NET INCOMEI{EXPENDITURE)
other recognlsed galnsl{lossesl
Gainsl{losses) on révaluation of fixed assets
273.691
(61.7341
211,957
66.613
Not movement In funds
207.078
{61.734)
145.344
RECONCILIATION OF FUNDS
Total funds brought forward
5,363,139
457,587
5,820,726
TOTAL FUNDS CARRIED FORWARD
5,570 217
395,853
5 966,070
CHARITY
Unrestricted
fund
Restricted
fund
Tolal
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1.038.412
1,038,412
Charllable a¢tlvltle•
Charitlable Aclvilies
1,082.931
10,010
1,092,941
Other trading actlvities
Investment incom8
Other income
470,754
759
470,754
759
Total
2 598 084
EXPENDITURE ON
Ralslng funds
247,199
247,199
Charltable actlvltles
Charitiable A¢fvities
2,067,678
64,728
2.132,406
othèr
6,522
Total
2.321399
2 386,127
NET INCOMEI(EXPENDITURE)
other recognlsed galnslllos8e8
273.691
(61,734)
211,957
Unrestricted
fund
Restricted
fund
Total
funds
Gainsl{losses) on revaluation of fixed assets
66.613
Net movement in funds
207,078
{61.734)
145.344
RECONCILIA TION OF FUNDS
Total funds brought fO￿ard
5.363.011
457.587
5.820,598
TOTAL FUNDS CARRIED FORWARD
5.570.089
395,853
5,965,942
continued...
Page 18

St Kentlgern Hosplce
Consolidated
Notes to the Financial Statements - contlnued
for the year ended 31 March 2024
13.
PENSIONS
The charity provides a defined contributions scheme. the assets of which are held separately from those of thé
company in an independentty administered fund. Contributions to this scheme are tharged lo the profit and loss
account as they become payable. Employer contributions of £126,720 {2023.' £119,121) and employee
contributions of £99,165 (2023.. £87,584) wer8 payable to the fund during the year.
14.
FINANCIAL PERFORMANCE OF ST KENTIGERN HOSPICE
The consolidaled Statemènt of Financial Activtties includes the results of the hospice's wholly owned
subsidiaries, Sl Kenligern Promotions Limited and St Kentigem Trading Limited.
The summary financial ￿rtOM7ance of the hospice alone is..
2024
2023
Donations and legacies
Other trading activities
Investment income
Grant8
Other income
817,350
580,625
7,573
1,264,036
1,038.412
470.754
759
1,092,941
2,677,¢JJO
2,598,084
(282,491)
{247.199)
(2,499.736) {2,138,928)
66,613)
Expenditure on fundraising
Expenditure on charitable activities
Nel gainsl{lossesl on investments
Nel incoming resources- surplusl{defi(it)
72,279
145,344
15.
FINANCIAL PERFORMANCE OF ST KENTIGERN PROMOTIONS LIMITED
Sl Kentigern Hospice owns the entire share capital of St Kentigern Promolions Limited (company
no.032651911 which operates a loltery and donates ils surplus to the hospice on an annual basis.
The trading results of St Kentigem Promotions Limited. as extracted from Ihe financial statements, are
summarised below..
2024
2023
Lottery income
Donations
280,792
8.680
309.146
289,472
122.052)
313.186
128 790
Expenditure on fundraising
Net surplus
167,420
184,398
Donation to hospice
167 420)
184 3961
Retained in subsidiary
The assets and liabilities of the subsidiary v￿re.
Current assets
Current liabilities
62,￿)4
62.174)
53,481
53,351}
Total net assetsl(liabilities)
130
130
Aggregate share capital and reserves
130
130
Page 19

St Kentigern Hospice
Consolldated
Notes lo the Flnancial Statements - conllnued
for the year ended 31 March 2024
16.
FINANCIAL PERFORMANCE OF ST KENTIGERN TRADING LIMITED
st Kentigern Hospice owns the entire share capital of St Kentigem Tradiry Limited (company no. 03265016),
which operates the trading activities on behalf of the hospi￿ in the form of charity shops and Cafe Cariad and
donates its profits to the hospice on an annual basis.
The trading results of St K8ntigern Trading Limited. as extracted from the financial statements, are summarised
below..
2024
2023
Income
516 146
Expenditufy on fundraising
578 3721
449.833)
Net surplus
144.4C
66.313
Amount donatsd to Sl Kenligem Hospice
144.406)
Retained in subsidiary
The assets and liabilities of the subsidiary were..
Current assets
Current liabilities
35,626
135,624)
(44,0811
Total net assélsl(liabililies)
Aggregate share capital and reserves
17.
FINANCIAL PERFORMANCE OF ST KENTIGERN MARKETING LIMITED
St Kentigern Hospice owns the entire share capital of St Kentigem Marketing Llmited (company no.
03265049), which has remained domiant during the year.
18.
LEASING AGREEMENTS
Minimum lease payments under nononcellable operating leases fall due as foll¢)ws.'
2024
2023
Within one year
Be￿een one and five years
More than five years
85,512
265,614
357.728
85.746
299.816
409,028
708,854
794,590
Al 31 st March 2012, the charity had annual commitments of £10 under a norFcancellable operating lease,
which expires on 31st August 2034.
During the year. £88,327 (2023.'£87.1431 has been recognised within the financial statements as an
expense relating lo operating lease5.
contrnued...
Page 20

st Kentlgern Hospice
Consolidated
Notes to the Financial Statements - contlnued
for the year ended 31 March 2024
19.
TANGIBLE FIXED ASSETS
Leasehold
land and
buildings
Technology
and
equipment
Leasehold
improvements
COST
At 1 April 2023
Additions
Disposals
912.004
3,032,254
22,950
112.416
9,089
At 31 March 2024
912.004
119,519
DEPRECIATION
At 1 ApTiI 2023
Charge for year
Eliminated on disposal
577.877
22,8(Kl
243,773
79.OCKI
50,144
22.628
At 31 March 2024
600.677
322,773
71,236
NET BOOK VALUE
At 31 March 2024
311327
2,732 431
48 283
At 31 March 2023
2 788 481
62.272
Flxlures
and
fittings
Motor
vehicles
Total8
COST
Al 1 April 2023
Additions
Dlsposals
502.038
10,099
52,332
4,611,044
42.138
4,344)
At 31 March 2024
509.779
4 648 838
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
185,499
50.438
32.957
4,840
1,070.250
179.706
At 31 March 2024
214.668
37.797
1,247,151
NET BOOK VALUE
At 31 March 2024
295.111
14,535
3.401.687
At 31 March 2023
336.539
3,540 794
All fixed assets of the group are ￿￿ned by the Hospice.
Page 21
continued...

st Kentigern Hosplce
Consolidated
Notes to the Financial Ststements - Contlnued
for the year ended 31 March 2024
20.
FIXED ASSET INVESTMENTS
Investments
MARKET VALUE
At 1 Apiil 2023
Unrealised investment gains
ReclassificationllTansf
1,413,880
157.506
500 000
At 31 March 2024
2 071386
NET BOOK VALUE
At 31 March 2024
2 071,386
At 31 March 2023
1413,880
There were no investment assets outside the UK.
All investments of the group are held within the hospice.
Investment portfolios are held wth Brewin Dolphin and Rathbones.
21.
OTHER INVESTMENTS
Other
investments
MARKET VALUE
At 1 April 2023 and 31 March 2024
NET BOOK VALUE
Al 31 March 2024
Al 31 March 2023
22.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2024
Hospic8
2024
Group
2023
Hospice
2023
Trade debtors
VAT
Prepayments
Sundry debtors
Amounts Iwed to group undertakings
77,003
1,973
33.130
258,534
77,003
10.732
7,350
39,087
174,408
10.732
17.591
255,462
24,702
22.402
174.141
374,758
231577
221053
Debtors are 811 receivable within one year
23.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2024
Hospice
2024
Group
2023
Hospice
2023
Trade creditors
Accruals
PAYE liability
Other creditors
48.410
51,225
62,825
22,378
47.850
57.043
54,663
30.703
51.257
40,143
28,098
17,175
47,837
200.366
127.271
176,766
93,110
Page 22
continued...

st Kentlgern Hospl¢è
Consolidated
Notes to the Financial Stalements - contlnued
for the year ended 31 March 2024
24.
MOVEMENT IN FUNDS
GROUP
Nel
movement
in funds
At
3113124
At 114123
Unrestrlcted funds
General fund
5.570,217
73,699
5,643,916
Restrlcted funds
Capital expansion fund
395,853
TOTAL FUNDS
5.966.070
6 039 769
Net movement in funds, induded in the above are as follows..
Incomlng
resources
Resources
expended
Gains and
losses
Mov8ment
in funds
Unro$trlct9d fund8
General fund
3.379.096
{3,462,903)
157,506
73,699
TOTAL FUNDS
3.379.096
3.462.903>
157506
Comparatlve8 for movemenl In funds
Net
movement
in funds
At
3113123
At 114122
Unre8trlcted fund8
General fund
5.363,139
207.078
5,570,217
Restrlcted fund8
Capital expansion fund
457,587
(61,7341
395,853
TOTAL FUNDS
5 820 728
5 966,070
Comparab've net movement in funds. induded in the above are as follows..
Incoming
resources
Resources
expended
Galns and
losses
Movement
in funds
Unrestrlcted funds
General fund
3.173,713
(2.￿0.022>
(66.613)
207,078
Rèstrlcted funds
Capital expansion fund
(64,728)
{61,734}
TOTAL FUNDS
3.176.707
2.964.750)
66,613
145.344
Page 23
continued...

St Kentigern Hospice
Consolidated
Notes to the Flnan¢ial Statements - continued
for the year ended 31 March 2024
24.
MOVEMENT IN FUNDS - contlnued
CHARITY
Net
movement
in funds
At
3113124
At 114123
Unrestrlcted funds
General furMI
5,965,942
66.838
6.032,780
Restrlcled funds
Capital expansion fund
5,441
5,441
TOTAL FUNDS
5.965.942
72.279
6.038.221
Net movement in funds, induded in the above are as follows:
Incoming
Tesources
Resour¢e$
expended
Gains and
Ioss8S
Movement
in funds
Unre8trlcted funds
General fund
2.671.559
(2,762,227)
157,506
66.838
Restrlctod fund8
Capital expansion fund
5,441
5,441
TOTAL FUNDS
2 677 000
2 762 2271
Compafatlve8 for movement In fund•
Net
movement
in funds
Al
3113123
At 114122
Unre8trlcted fund8
General fund
5,363.011
207.078
5,570,089
Restrl¢ted funds
Capital expansion fund
457.587
(61,7341
395,853
TOTAL FUNDS
5,820,598
145.344
5 965 942
Page 24
continued...

St Kèntigern Hosplce
Consolidated
Notes to the Financlal Statements - conllnued
for the year ended 31 March 2024
MOVEMENT IN FUNDS - continued
Comparative net movement in funds. indLKJed in the above are as follows:
Incoming
reSoUr￿S
Resources
expended
Gains and
losses
Movement
in fund6
Unrastrlcted funds
General fund
2,595.090
12,321.399)
{66,613)
207,078
Restrlcted funds
Capital expansion fund
{64,728)
161,734)
TOTAL FUNDS
66.613
Rostrlctod funds
The restricted fund represents monies re￿iVed by the Charity from various funding bodie8 and donors,
Reslriclions hav8 been placed on how the monies are sp8nt by the funders. and as a r88uIt Ihay have been
recognised within restricted reserves.
Deslgnatsd funds
Funds which have been allocated by the TTUStees to ￿ used in connection with the building expansion project
have been allocated to a designated fund. As at the year end, a retention vtss outstanding to the developers of
the hospice, and a$ a result this amount has been allocated to the designated réserve.
25.
RELATED PARTY DISCLOSURES
The charitable company has taken advantage of exemption. under the temis of Financial R8POrting Standard 102
'The Financial Réporting Stsndard applicable in the UK and Republic of Ireland,, not to disclose related party
Iransacts'ons with vknolly owned subsidiaries Nmthin the group.
There were no ielated paty transa¢tion8 for the year ended 31 March 2024.
26.
ULTIMATE CONTROLLING PARTY
The ultimate controlling party is the board of trustees.
27.
LEGAL STA TUS OF THE CHARITY
The charity operates as a registered company. limited by guarantee. The number of guarantees being eleven.
The liability of each guarantor is limited lo £1.
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