REGISTERED COMPANY NUMBER.. 02216886 {England and Wales)
REGISTERED CHARITY NUMBER: 519931
Report of the Trnstee8 and
Audltsd Consolldal￿ Flnanclal Statsments
for tho Year Ended 31 Ma￿h 2025
for
St Kentlgern Hosplce
IA Company Llmlled by Guarantse)
Salisbury & Company Business Solutions Limited
Slatutory Audilors
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 ORN

St Kentigem Hosplce
Contents of the Consolldated Financial Statements
for the year ended 31 March 2025
Page
Report of the Trustees
Report of the Independent Audltors
Consolldated Statement ol Flnanclal Actlvltles
Con8olldated Balance Sheet
Charlty Balance Sheel
10
Consolldated Cash Flow Slalement
11
Noles to the Consolldated Cash Flow Statement
12
Notes lo the Consolldatsd Flnanclal Statements
13 to 27

St Kentlgern Hospice
Consolidated
Report of the Trustees
for the year ended 31 March 2025
The Trustees who are also Diredors of the charity for the purposes of the Companies Act 2006, present Ihelr report with
the consolidated financial slalemenls of the Charity and its Subsidiaries for the year ended 31 March 2025. The Trustees
have adopted thè provisions of Accounting and Reporting by Charities= Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and
Republic of Ireland {FRS 1021 (effective 1 January 2015}.
OBJECTIVES AND ACTIVITIES
Objectlves & aims
The charity's objective. and ils principal activity. continues to be providing specialist palliative care to people with
advanced, life-limiling progressive disease and to support their families and carers. Our multi-disciplinary team strives to
enhance the highest quality of life for our patients in meeting their physical, psychological, social and spiritual needs. We
provide Inpalienl care to support patients who require symptom management, rehabililalion, planned-respite and end of
life care. We also provide outpatient services through our Wellbeing Hwb, providing a range of support and activities for
patients including a wellbeing programme and fatigue and breathlessness gfOUPS. Emotional and bereavement support
and counselling is delivered from our Family Support team for patients and their carerslfamilies. Our patients and their
carerslfamilies also have support from complimentary therapists. music and art therapy.
As a Hospice we have a unified objective of working as "one team" to support our strategic direction. Our strategic aims
and objectives have been set and we are measuring our perforrnan￿ against them. We are ambitious lo continue being
recognised as a centre of excellence for the provision of spe¢ialisi palliative care, through our ¢ommllment to continuous
improvement in all that we do.
How we partnership proactively with the Health Board, Hospice UK and Welsh Government to damonslrate the
importance of Ihe services we provide is essential, with the aim to optimise the statutory income we receive.
Th8 Hospice works closely with other charitable organisalions and our own team of volunteers to enhance the provision
of care and support for patiènts, their families and carers.
The Trustses confirm that they have referred to the guidance contained In the Charity Commission's general guidance
and comply with the Charilies Act 201 J s17 15) on public benefit when reviewing thé charity's aims, obj'ectives 8nd
operallons and setting the pollcy for the year.
Slgnlflcant actlvltle8
Rlses In the Cost of Llvlng
2024-25 saw a rise in the cost of living including energy o)sts. The implementation of increased Employ8r National
Insurance contributions, an increase in the Real Living Wage and aligning clinical salaries with the NHS have all
irnP8¢ted on costs.
Hospices nationally are experiencing an impact on income and their cost base. During 202412025 we received 20% of
our costs from statutory funding. the remainder VBS achieved through our income generating initiatives. We are hugely
grateful for the 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. Withoul this community support we couldn't offer the
continued spèaalisl services we deliver to our patients and their families. Thank you to all who are committed in
supporting the seNices we deliver to those in our community.
Our fundraisers have been Involved in both community events and online campaigns. developing corporate champions,
and enablin9 SUPPQrters to generate income. Retail have improved the processès of receiving, selling, delivering and
collecting donated items.
We were gralefvl for and humbled to receNe 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 the managemenl team delivered.
Thé Board of Trustees acknowledge arnj give thanks lo all the staff and volunteers who make St Kentigern Hospi￿ the
special place it is, who pla￿ patients, their families and carers at the heart of all we do. focussing on each individual
person's needs. teliefs and life experience and what matters to them.
No￿lthstanding the on-going cost of living and energy rJisis. together with the lasting impact of Covid 19. the Board of
Trustees look forward to and remain positive about Sl Kentigem Hospi￿,$ future, both in continuing to provide specAalisl
palliative care for ils local populations and in further developing the services it provides over the coming years.
OBJECTIVES AND ACTIVITIES
Publlc benefit
The Iruslees have paid due regard to guidan￿ issued by the Charty Commission in deciding what activities the
charitable company should undertake.
Page 1

St Kentigern Hosplce
Consolldated
Report of the Trustees
for the year ended 31 March 2025
FINANCIAL REVIEW
Financial posltlon
The statement of financial activities shows a net SUfFlus of £39,831 and our rese￿e$ sland al £6.118,887, which
Includes cash at bank of £505,005. The result is erttiuraging given the current economic dimate we face.
Sl Kenligern Trading Limrted (which Gomprises of all retail activities and Caffi Cariad) prOdU￿d a surplus, donated to the
charity, of £166,361 and St Kentigem Promotions Limited a surplus. dcffiated of £158,758. Both subsidiaries, results are
encouraging.
Our objective is to providè sustainable end of life care and we constantly measure and review our pèrformance against
budget and future plans.
We are always very grateful to our volunleers and supporters. who contribute in so many ways and who have been so
generous in supporting the Hospice and our stsff.
Investment pollcy and objectlves
Under the Memorandum and Articles of ASS￿lation. thè tharity has the power to make any investment which the
Trustees see fil in accordance with the Trusteè Act 2¢XK). Surplus funds are deposited at the best rates of return provided
by our bankers.
Reserves pollcy
The Trustees, policy Is to ensure that reseNes and funding are sufficient to support the continuation of our clinical
servlces for more than hvelve months. The Trustees are confident that income generated through our income gener8ting
departments. donations and statutory funding will continue and that the current reserves of the charity are salisfaclory.
Golng concern
The Trustees have prepared income and expenditure and cash flow forecasts lo 31st March 2026 and are satisfied that
the financial statements should be pr8pare(l on a going concern basis. Cash balances are deemed Sufficient to m8el any
outgoings for the next 12 months.
FUTURE PLANS
We are focussed on delivering the objectives sel out in our S year strategy 2023-2028. setting clear aims through an
annual delivery plan.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by ils governing document. a deed of tmst, arKI constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2￿￿.
Recrultment and appolntmenl of new trustse8
Trustees are appointed by eledion at the Annual General Meeting.
Trustees come from various backgrounds, with 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 thèir strengths and any
development needs, which may require training.
Organlsatlonal structure
St Kenligern Hospice is a registered charity arKI cnmpany limited by guarantee and govemed by the Memorandum and
Articles of Association.
The Board of Trustees, joined by the Executive Management Team meets bi-monthly to set the Strategy of the charity.
The Chief Executive is the accountable officer lo the board of trustees for all Hospice operations, she is the Registered
Responsible Individual wlh Health Inspeclorate Wales IH.I.W) and is supported by an Executive Management Team.,
Matron who leads on the delivery of all clinical services who is the Registered Manager with H.l.W.' an Operations
Manager who leads on the operational requirements of the hospice.. 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 within the hospice, induding fundraising and in our shops.
Related partles
The charity has hvo wholly owned trading subsidiaries-. Sl Kenligern Trading Limited. which 0￿rateS shops selling
donated goods and also Caffi Cariad, and St Kenligern Promotions Limited, which operates a lottery ar)d one wholty
owned dormant subsidiary.. Sl Kenligem Marketing Limited.
Page 2

st Kentigern Hosplce
Consolldated
Report of Ihe Trustees
for the year ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
02216886 (England and Wales)
Reglsterèd Charlty number
519931
Reglstered ofllce
Upper Denbigh Road
St Asaph
Denbighshlre
LL17 ORS
Trustee8
Dr U Bisarya (resigned 161111241
Mr J E Osborne-vice Chair
MrJROwen
Ms A Hind
Mr J S Thoma8- Chair
Mr G Kershaw
Mr G H Jones OBE
Mr J G Thomas
Ms R M Clarke
Ms R M Williams
MrA A Thomas
Mrs A J Evans (appointed 18111124)- Treasurer
Professor F Iryine {appoinled 1515124)
Dr A Dalton (appointèd 16111124)
Dr C Wallace (appointed 161111241
Company Secretsry
Mrs J A Owen (resigned 31103125)
Audltor8
Salisbury & Company Bu8in855 Solutions Limited
Statutory Auditors
Chartered Accountsnts
Irish Square
Upper Denbigh Road
Sl Asaph
Denbighshire
LL17 ORN
Page 3

st Kenllgern Hospice
Consolldated
Report of the Trustees
for the year ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees {who are also the Directors of Sl Kents'gern HOSPI￿ for the purposes of company law) 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 Practice). including Financial Reporting
Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the Trustees to prepare financial statements for each financial year which give a Irue and fair view
of the stste 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 slalemenls, the Trustees
are required lo
select suitable accounting policies and then apply t￿M consistently..
observe the methods and principles in the Charity SORP-
make judgements and eslimales that are reasonable and prudent-
prepare thè financial slalements on the going Concern basis unless il is inappropriate to presum8 that the charitable
company wll continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any
time the financial position of the charitable company and to enable them lo ensure that the financial slatemenls 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 Pfevenli¢)n and detection of fraud and other irregularities.
In so far as the Trustees are aware..
there is no relevant audit information of vknich the charitable company's auditors are unaware., and
the Trustees have taken all steps that they ought lo have taken lo make themselves aware of ary relevant audit
inform81ion and lo establish that the auditors are aware of that infomati￿.
AUDITORS
The auditors, Salisbury & Company Business Solutions Limited. wll be proposed for re-appointment 81 the forthcoming
Annual General Meetsng.
Approved by order of the board of Iwstees on ...
. and signed on its behalf by..
Mrs A J Evans - Trustee
Page 4

Report of the Independent Audltors to the Members of
St Kenllgern Hospl¢e
Opinion
W8 have audited the consolidated financial Statements of Sl Kentigern HospKe (the 'group"l arKI Ihe financial statements of St
Kenligern Hospice Ilhe "charitable company") for the year ended 31 March 2025. The consolidated financial statements
comprise the Consolidated Statement of Financial Aclivilie5. the Consolidated Balance Sheet. the Consolidated Slalemenl of
Cash Flows, and the notes lo the consolidated financial stalemenls, including a summary of significant accounting policies. The
charitable company financial s18temenls comprise Ihe Charity Ststemenl of Financtal Activities, the Charity Balanc￿ Sheet, and
the notes lo the charity financial statemen1$. ineluding a summary of significant a￿untIng policies. The financial reporting
ffamework that has been applied in their preparation is applicable law and United Kingdom Accounting Slandafds. including
Financial Reporting StarKlard 102 'The Financial Reporting Standard applicable in the UK and RepubliG of Ireland.
In our opinion the financial statemenl$'.
- give a true and fair view of the slate of the Group's and of the parent charitablè e<>mpany's affairs as al 31 March 202 5 and of
the Group's incoming Tesources and application of resources. including ils incnme and expenditure, for Ihe year thèn ended..
have been properly prepafed in accordanc￿ wilh Uniled ￿'ngdoM Generally Accepted A￿o￿n{ing Practice. induding Financial
Reporting Standard 102 'The Financial Reporting Stsndard atplicable in the UK and Republic of Ireland,: and
- have been prepared in a¢¢ordanee with the requiremen1$ of the compan￿ Act 2006.
Ba818 for oplnlon
We conducted our audit in accordanog with Inlemalional Standards on Audiling (UK) IISAS IUKI) and applicable law. Our
responsibilities under those standards are further described in the AudiloTS' responsibilities for the audit of th8 finan¢Sal
statements section of our ¥eport. We are independent of the chariiable company and the group in accordance with the ethical
requirements that are relevant lo our audit of the financial 51alemenls in the UK. induding Ihg FRC'$ Ethical Stsndard, and we
have fulfilled our other ethical responsibilities in accordance with Ih8se ￿qUIrements. We belK?v8 that the audit gviden¢8 we
have oblalned is Sufficient and appropriate to provkle a basis for our opinion.
Con¢lu8lon8 relatlng to golng con¢orn
In auditing the financial slalements, we have concluded that tho tru$lee$' u89 of the going concern basls of 8¢countlng in the
prepafation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any malori81 uneertainlies relating lo even18 or condillons that.
individually or collectively, may cast significant doubl on the ¢harilabl8 companys ability to conlinue a$ a going concern for a
p•riod of al lea81 tsvelve months from when the finanaal statements are aulhorised for is8￿.
Our re$pon8ibililie8 and the re5pon8ibililw of the twslees with resped to golng concem are de8ciibed in the relovanl 8e¢llon$
of this report.
Oth•r Informatlon
The l(uslee8 are responsible for It* other infomialion. The othor infomialion c￿MpriseS the infornation induded in Ihe Annu81
Report, other than the financial slatem8nls and our Report of the Independent Auditors Iher60n.
Oyr opinion on the financial Statements does not cover tho olher information and. except lo the oxtent olherwisa explicilty stated
in our report, we do not express any form of assurance c￿ndUs1on Ihereon.
In connection with our audit of the financial statements, our responsibility is lo read tho olh&r Information and. in doing 80,
considor whether the other infornalion is materially inconsislenl with the financial slalements or our knowledge obtained In the
audit or otherwise appears lo be maleiially misstated. If we Ktenlify such material inconsislencie5 or apparenl material
misslalements, we are required lo determine whether this gives rise lo a material misstslemenl in the fin8ncial slat8ments
Ihemselves. If. based on the work we have performed, we condude that there is a material misslatemenl of this other
Infom)alion. w8 are reqvired to reF)Ort that f8cI. We have nothing to report in this regard.
Oplnlons on othgr rn•tt•rn pr•8crfbod by the Companio8 Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the infom)ation given in the Report of the Trustees for the financial year for which the financial slatemenl$ are pRpared 18
consistent with the financial slalemenls.. and
the Report of Ihe TN$tees has been prepared in accordance with applicab￿ legal requirements.
Mattor• on whlch we are required to Y•port by exception
In the light of the knowledge and understanding of th8 charilable company and its environment obtslned in the course of the
audit, we have not identified material mi5$talements in the Report of the Truslees.
We have nothing to ￿pOrt in resFect of the followng matters where th8 Companios Act 2006 requires us to report to you if, i n
our opinion=
adequate accounting records have r)ot been kept or returns adequate for our audit have not been ￿¢81Ved from branches
not visited by us,. or
the financial slalements are not in agreement with the accounting reeords and retums.. or
certain dis¢losures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanalions we require for our audit- or
the Iruslees were not entitled lo take advantage of the small ￿mpanIeS exemption from the requirement lo prepare
Slralegic Report or in preparing the Report of the Trustees.
Page 5

Report of the Independent Audltors to the Members of
st Kentlgern H05pice
Responslbllities 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 fair view, and for such inlernal control as the trustees delemiine is necessary
to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing. as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the tharitable company or to ￿ase operations. or have
no realistic alternative but to do so.
Our responslblllties for the audlt of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misslalemenl, whether due to fraud or error, and lo issue a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance. is not a guarantee that an audit conducted in
accordan￿ wlh ISAS IUKI will alv￿Y$ detect a material misstatement when il exists. Misslalemenls can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably be expected to intluence
the economic decisions of users taken on the basis of these finarrial stalements.
The extent to which our procedures are capable of detecting irregularities. induding fraud is detailed below..
Irregularities, induding fraud. are instsnces of n￿•cOMpliance viilh lawE and regulations. We design procedures in line
with our responsibilities. outlined above, lo delect malenal misslalements in respect of irregularities, including fraud.
Owing to the inherent limilalions of an audit, there is an unavoidable risk that material misstatement in the financial
statements may not be detected, even though the audit is properly planned in accordance with ISA {UK).
We obtained an understanding of the legal and regulatory frameworks applicable to the company and Ihe industry in
which it operates through our general commerual and sector eXPenen￿ and discussions with management, We
delemiinèd that the following laws and regulations were most significant.. The Companies Act 2006, FRS 102 the
'Financial Reporting Standards applicable in the UK and Republic of Irelantl. and relevant UK tax legislation. In addition.
we concluded that there are certain laws and regulations that may have an effect on the determination of the amounts
and dlsclosures within the financial statements suth as Health and Safety laws and regulations.
We accessed the susceptibility of the company's finanaal statements to material misslalement. including how fraud
might occur. Audit procedures performed by the engagement team induded..
Oiscussions with management, including consideration of known or suspected instsnces of n¢)n-compliance wlh laws
and regulations or fraud..
Obtain an understanding ol the internal controls that management have in place to prevent and delecl fraud,.
Challenging 8ssumplions and judgements made by management in its significant accounting estimates..
Reviewing the financial statement disdosures and assessing the appropriatemss of the accounting policies used.,
Identifying and testing journal entries, in particular manual or unusual enlries,.
Obtaining third party confirmations of all the companies banking arrangements;
Performing analytical prO￿dureS lo identify any unusual or unexpected relationships..
Conclude on the appropriateness of the directors, use of the going con￿rn basis of accounting.
The assessment of the appropriateness of the collective competence and capabilities of the engagement team included
consideration 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 nalure and complexity through appropriate training and
participation.
There are inherent limitations in the audit pr￿dureS described al)ove. We are less likely to become aware of instan￿$
of non-compliance with laws and regulations that are not dosely related to events and transactions feflecled in the
financial statements. Also, the risk of not delecling a material misslalement due to fraud is higher Ihan the risk of not
detecting one resulting from error, as fraLKI may involve deliberate concealment.
Our audit pr￿ed￿re$ are designed to delect material misstatement. We are not responsible for preventing non-
Complian￿ or fraud and cannot be expected to detect non-compliance with all laws and ￿gUla￿'0ns.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council'5 website at www.Irc.org.uklauditorsresponsibilities. This description forms part of our Report of the Independent
Audilors.
Page 6

Report of the Independent Audltors to the Members of
St Kentlgem Hospice
Use of our report
This report is made solely to the charitable companys 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 them in an auditors, 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
haritable company's members as a tx)dy. for our audit work, for this report. or ft)r the opinions we hav8 formed.
4J4.Ic
Aled Roberts BA FCA (Senior Slatulory Auditor)
for and on behalf of Salisbury & Company Business Solutions Limited
stalulory Auditors
Chartered knountants
Irish Squar6
Upper Denbigh Road
Sl Asaph
Denbighshire
LL17 ORN
Date:
Page 7

St Kentlgern Hosplce
Consolldated Statement of Flnanclal Actlvltle5
for Ihe year ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations, legacies and grants
1.¢J]6,336
1.473,030
2,479,366
2,091,484
Other trading activities
Investment income
other income
1,435.909
1,435,909
10,567
10,567
5,220
925 295)
1,272,623
7,573
7.416
Total
2.453.737
1467.810
3 921547
3 379 096
EXPENDITURE ON
Raising funds
1,160,130
1,160,130
931,255
Charltable actSv111è8
Charitable activities
1277.531
1444 055
2 721586
2 531647
Tolal
2.437,861
1444,055
3.881716
3,462,￿2
NET INCOMEIIEXPENDITURE)
Other recognlsed galn81(losses}
Gains on revaluation of fixed assets
16,076
23,755
39,831
183,8061
157 506
Net movement In lunds
55,362
23.755
79,117
73,700
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prlor year adjustment
5.843,917
395.853
57.316
6,039,770
5,966.070
12
A8 reststed
5,701,233
338,537
6,039,770
5,966,070
TOTAL FUNDS CARRIED FORWARD
5 756 595
6 118887
6 039 770
The notes fom) part of these finanaal statements
Page 8

St Kentlgèrn Hosplce
Consolidaled Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Investments
19
20
3.IJXI.137
2.110.672
295,415
3,295.552
2 110672
3,401,688
2 071386
5.110,809
295.415
5,406,224
5,473,074
CURRENT ASSETS
DebloTS
Cash at bank and in hand
390,077
438 128
390,077
370,642
396 422
828.205
66.877
895.082
767,064
CREDITORS
Amounts falling due within on8 year
23
(182.419)
(182.4191
(200,3681
NET CURRENT ASSETS
645.786
66,877
568.696
TOTAL ASSETS LESS CURRENT LIABILITIES
5,756,595
362,292
6,118,887
e,039,770
NET ASSETS
5 756.595
362.292
6,118887
6 039 770
FUNDS
Unreslricled funds..
General fund
Reslricled funds..
Capital expansion fund
24
5,756,595
5,701,233
362,292
338 537
TOTAL FUNDS
6 118887
6 039 770
These financial statements have been prepared in accordan￿ v4ith Ihe provisions applicable to charitable ￿mpanIeS
subject to the small companies regime.
an¢ial stat8m8nts were approved by the Board of Trustees and authorised for issue on
i../i.a/JS
and were signed on its behalf by:
rustee
Mrs A J Evans - Trustee
The notes form part of these finawal statements
Page 9

St Kenligern Hosplce
Charity Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
fijnds
Unrestrided
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Investments
Investments
Investment in subsidiaries
19
3.¢JXI.137
295.415
3.295.552
3,401.688
20
21
2,110,672
2,110,672
2,071,386
5,110,813
295.415
5.406.228
5,473.078
CURRENT ASSETS
Debtors
Cash at bank
21
386.509
386,509
428213
378,178
317 658
747.845
66.877
814,722
693.838
CREDITORS
Amounts falling due wthin one year
{102.1911
(102,191)
{127,272)
NET CURRENT ASSETS
566 564
TOTAL ASSETS LESS CURRENT LIABILITIES
5.756.467
362,292
6.118,759
6,039,642
NET ASSETS
5 756.467
362 292
6 118759
6 039 642
FUNDS
Unrestrictèd funds
Restricted funds
24
5,756,467
362 292
5,701,105
338 537
TOTAL FUNDS
6 118759
6 039 642
These financial slatemenls have been prepared in accordance wth the provisi¢Jns applicable to charitable wmpanies
subject lo the small companies regime.
The financial statements were approved by the Board of Trustees and aulhorised for issue on
and were signed on its behalf by..
mas-
uslee
Mrs A J Evans - Trustee
The notes fomi part of these financial statements
Page 10

St Kentigern Hosplce
Consolidated Cash Flow Ststement
for the year ended 31 March 202S
2025
2024
Notes
Cash flows from operatlng actlvltles
Cash g8nerated from operations
179 229
25,597)
Net cash provided byl{used in) operating activities
179.229
25,5971
Cash flows from Inve8tlng acllvStles
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Interest received
(81.214)
(42,138)
(500,000)
10.567
Net cash used in investing activities
534 5651
Change In eash and cash equlvalènts In
the reportlng perlod
Cash and cash equlvalent8 at Iho
beglnnlng of the reportlng perlod
108,583
1560,162)
396,422
956 584
Ca8h and cash equlvalents at the end of
the reportlng perSod
505,1Y)5
396.422
The notes forni part of these finanrial statements
Page11

St Kentlgern Hospice
Notes to the Consolidated Cash Flow Statement
for the year endèd 31 March 2025
RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Net Incomel{expendlture) for the reportlng perfod (as per the
Slatement of Financlal Actlvltles)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Increase in debtors
IDecrease)lincreas8 in creditors
39,831
183.806)
179.321
7,973
(10,567)
(19,380)
17,949
179.706
1,539
17,573)
(139,066)
23.603
Net cash provlded byl(used In) operatlon8
179 229
25,597)
ANALYSIS OF CHANGES IN NET FUNDS
At 114124
Cash ftow
At 3113125
Net ca8h
Cash al bank and in hand
108.583
505 005
Total
108 583
505 005
The notes form part of these finanaal statements
Page 12

St Kenllgem Hosplce
Notes to the Consolidated Financial Statements
for the year ended 31 March 2025
ACCOUNTING POLICIES
Ba818 of prepaiing the financlal statements
The consolidated financial slalements of the charitable company and its subsidiaries, which is a public benefit
entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting SlarKJard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 20191,, Finanaal Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland, and the Companies Act 2¢JJ6. The financial slalements have been prepared under
thè hlstorical cost convention, with the exception of inveslmenls ￿1¢h are induded at market value.
Income
Incoming resources represent amounts raised from fundraising, shops trading, grants, donations and income gift
aided by subsidiary trading companies. Fundraising and donations income is recognised when received and
banked. Retail income is recognised at point of sale. Gifts donated for sale are included income at the point of
sale. No amounts are induded in thè financial stalements for servi¢8s donated ty volunteers.
For legacies, entitl8m8nt is taken as the earlier of the dale on which either.. the charity is aware that probate Is
granted. the estate has been finalised and notification has been made by the executors to the hospice that
distribution will be mad8, or then a distribution is re￿iVed from the estate. 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 notified of
the executorfs intention to make a distribLJlion. Where legacies have been notified to the charity, or th8 charity is
aware of the granting of probate, and the criteria for income recognition have not been met. then the legacy is
treated as a conlingenl asset and disclosed if material.
Grants receivable are sèt against capital expenditure to bthich they relat8 in the period in which the charity 18
enliued to rec8iPI. Revenue grants are induded In the pèriod they are received.
Expendlturo
LIa￿'11t1es are rerxsgnised as expenditure as soon as there is a legal or conslruclive obligation committing the
charity to that expenditurè, 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 accolsnted for on an accruals basis and
has been classified under headings that aggregate all cost related lo the category. Wlerè costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis Gonsistent with Ihe use
of resources.
Allocatlon and apportlonmenl of cost8
Overhead and support costs are allocated belweèn charitable activities and governance costs.
Tanglblo flxed assets
Depreciation is provided at the foll¢)wing annual rates in order to write off each asset over its estimated usefijl Ilfe.
Leasehold improvements
Technology and equipment
Fixtures and fittings
Motor vehicles
Straight line over 40 years
20% on cost
10% on cost
25% on reducing balar
Tangible fixed assels are initially recognised at cost of acquisition including any costs that are directly attributable
to bringing the assets into working condition for their intended use.
Taxatlon
The charity is exempt from c¢)rporation tax as all its income is charitable and is applièd for charitable purposes.
Fund accountlng
Unreslrided funds can be used in accordance with the thariiable objectives at the discretion of the trustees.
Restricted funds only b8 used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of eath fund is irtluded in the notes to the financial slalements.
Donated Servlces
The basis of valuation for donaled services of volunteers is that deemed costs are not recognised wthin the
statement of financial activities.
continued...
Page 13

St Kentigern Hosplce
Notes to the Consolldated Flnanclal Statements - contlnued
for the year ended 31 March 2025
ACCOUNTING POLICIES - ¢onllnued
Penslon Scheme
A defined benefit pension scheme is operated for all eligible employees. The assets of the scheme are held
separately by the National Health Service Superannuation Scheme. Contributions to the scheme are charged to
the profil and loss account as these are incurred. This pension scheme does not have a real pension fund but, as
slalulory 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 exlra cost is not met by contributions from scheme members and employers. As a result of the nature of th6
pension scheme, there are no separalely identifiable assets and liabilities which can be identified as relating to Sl
Kenligern Hospi￿. Therefore. as permitted by FRS 102, the scheme has been accounted for as a defined
conlribtslion scheme.
Irrecoverable VAT
Irrecoverable VAT is charged against the category of resources expended for which it was incurred. VAT 126
laims for VAT relating to non-trading expenditure of the charity stsrted being submitted in April 2015.
Group Accounts
These financial statements (xjnsolidate the results of the charity arKI its subsidiary companies, Sl Kenligèm
Promotions Limited and St Kentigem Trading Limited on a line by line basis. A separate Slalement of Financial
Activities for the charity is not presented because the charity has taken advantage ol the exemptions afforded by
paragraph 393 of the SORP and section 408 of the Companies Act 2006. The chanty owns shares in St
Kenligern Trading Limited, St Kenligern Promotions Limited and St Kentigem Marketing Limited {domanl) and
directors of these companies are also directors of the charity.
Investments
Investments are included in the financial slalemenls at mafket value. Realised gains and losses are re¢x)gnised
in the accounts on disposal of the investment and unrealised gains and losses reflèct the movement in market
value from the previous period end, or frcth the value at acquisition if later.
Investments in subsidiaries are stated at cost less provision for impairment. Income Is recogni8ed in the
statement of finanaal activities vthen the right to receive it is established. No revaluation is made for unrealised
gains or losses.
Stock8
Stock and work in progress is value at the lower of cost and nel realisable value. Gifts donated lo hospice shops
are valued at a nil cost and included as income at the point of sale.
Debtorn
Trade and other debtors are recowised al the Settlement amount due. Prepayments are valued at the amount
prepaid.
Cash and ca8h equlvalents
Cash at bank and cash in hand include cash within bank ￿luntS held by the tharity and its Irading subsidiaries
and cash float amounts.
Co818 ol ralslng donatlon, legacles and grants
The costs of generating donations, legacies and grants include the salaries of the fundraising team and the
associated overheads.
Charltable actlvltie8
The costs of charitable activities include the saaries of the medical. nursing and catering staff, costs of therapies,
medical requirements and premises cosls.
Bank Interest
The Charity recognises bank interest on malurty and receipt. rather than vthen a￿ued.
Page 14
continued...

St Kentlgern Hosplcè
Notes to the Consolldated Financial Statements - contlnued
for the year ended 31 March 2025
DONATIONS, LEGACIES AND GRANTS
2025
2024
Donations
Legacies
Grants
298,682
704,653
1.476,031
249,424
578,024
1264 036
2 479 368
2.091.484
Grants received. included in the above, ar8 as follows..
2025
2024
BCU- Servlce Level Agreements
Other Grants
760,048
715,983
684,546
579 490
1476.031
1264 036
OTHER TRADING ACTIVITIES
2025
2024
Fundraising events
Shop income
Lottery
Support groups
Catering income
283,440
633,599
275,835
20,777
222 258
234,509
604,427
280,792
7,844
145 051
1435 909
1272 823
INVESTMENT INCOME
2025
2024
Investment Income
RAISING FUNDS
Ral8lng donallong, legacl08 and grants
2025
2024
staff costs
Goods for resale & shop costs
Van costs
Office costs
Lottery prizes
Lottery costs
622,024
332.611
10.954
42,523
97,700
483,382
290,117
9,850
36,166
96,2¢JO
1117607
931255
Page 15
continued...

St Kentlgem Hospice
Notes to the Consolldated Financial Slalements - contlnued
for the year ended 31 March 2025
CHARITABLE ACTIVITIES COSTS
Support
costs {see
note 71
Direct
Costs
Totals
Charitable acttvrties
2 681687
2 764 109
SUPPORT COSTS
Governance
costs
Finance
Othèr
Totals
Charitsble 8clivilies
3,997
72,286
6.139
82.422
Support costs, included in the above, are as foll¢)ws'.
Flnance
2025
Charitable
activities
2024
Total
activities
Bank charges
Other
2025
Charitable
activities
2024
Total
aclivilies
Management wage8
Governance c08ts
2025
Charitable
activities
2024
Total
activities
Auditors, remuneration
NET INCOMEI(EXPENDITURE)
Nel incomel{expenditure) is slated after chargingl(crediling)'.
2025
2024
AudiloTS' remuneration
Depreciation - owned assets
Deficit on disposal of fixed assets
6.139
179.378
6,100
179,705
TRUSTEES. REMUNERATION AND BENEFITS
There were no trusteès. remuneration or other benefits for the year eThJed 31 March 2025 nor for the year ended
31 March 2024.
Trustees. expenses
There were no trustees, expenses paKI for the year er)ded 31 March 2025 nor for the year ended 31 March 2024.
Page 16
continued...

St Kenllgem Hosplcè
Notes to the Consolldated Financlal Statements - Contlnued
for the year onded 31 f•larch 2025
10.
STAFF COSTS
2025
2024
Wages and salaries
Social security costs
Pension costs
2,332,967
207.887
144.095
2,023.282
175.936
126 720
2 684.929
2.325,938
Key management pernonnel compensatlon
The total remuneration paid to key management pers¢)nnel duriNJ the year was £271.918 {2024.' £193,186).
The average monthly number of employees during the year was as fcllows:
2025
2024
Administratlon
Hospice operations
Income generation
54
29
29
90
90
Ouring the year, one employee'$ emoluments exceed￿ £60,000. The total g1088 remuneralK)n of Ihis employee was
£71,663, wilh omployer pension contributions of £10.305. This falls wthin the £70,001-£80,000 remuneration band.
The average vthole time equivalent employees during the year was as follows:
2025
2024
Administration
Hospice
Income Genèration
41.7
21.4
39.2
21.4
68.3
65.6
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations, legacies and grants
2,086,043
5,441
2.091.484
Other trading activities
Investment income
Other incom8
1.272.623
7.573
1,272,623
7,573
Totsl
3 373 655
3 379 096
EXPENDITURE ON
Raising funds
931,255
931,255
Charltable acllvltles
Charitable activities
2 468.89)
2 531647
Total
3.400.145
62,757
3,462,902
NET INCOMEI(EXPENDITURE)
other recognised galnslllosses)
Gains on revaluation of fixed assets
126,490)
(57,3161
{83.8061
157.506
Nèt movement In funds
131.016
{57.316}
73,700
Page 17
continued...

St Kontigern Hospl¢e
Notss to the Consolldated Flnanclal Statements - contlnued
for the year ended 31 March 2025
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Contlnued
Unrestricted
fund
Restricted
funds
Total
funds
RECONCILIATION OF FUNDS
Total funds l)rou9ht forward
5,570,217
395,853
s,￿8,070
TOTAL FUNDS CARRIED FORWARD
5 701,233
8.039 770
12.
PRIOR YEAR ADJUSTMENT
Prior year adjustment is in relation to thé inclusion of deprèaati¢)n apportionment for restricted funds.
PENSIONS
13.
The charity provides a defined conlnbulions scheme. the assets of which are held separately from those of the
company in an independently administered fund. Contributions to this scheme are charged to the profit and loss
account as they become payable. Employer conlfibLrtions of £144,095 12024.. £126.720) and employee
contributions of £114,6C(1 (2024.. £99.165) V￿re payable to the fund during the year.
FINANCIAL PERFORMANCE OF ST KENTIGERN HOSPICE
14.
The consolidated Statement of Financial Activities includes the results of the hospice's wholly owned
subsidiaries, St Kenligern Promotions Limited and St Kentigern Trading Limited.
The summary financial perlomiance of the hospice alone is:
Unrestricted Reslricled
Fund
Fund
2025
2024
INCOME AND ENDOWMENTS FROM
Donations. legacies and grants
1,(X)2.045 1,473,030 2,475.075
2,082,806
Other Irading aclivi118s
Investment income
Other income
629,336
10.567
925
829,336
10,567
295
580,625
7,573
Totsl
2873 146781
EXPENDITURE ON
Raising funds
344.259
344,259
262.491
Charltable actlvltles
Charitable activities
Totsl
1626797 144
055 3 070 852
2 762 226
NET INCOMEIIEXPENDITURE)
other recogni8ed galn$lllosse8)
Gains on revaluation of fixe(l assels
16.076
23,755
39,831
(83,806)
157
Net movement In funds
55,362
23.755
79.117
73,700
Page 18
continued...

St Kentlgem Hosplce
Notes to the Consolidated Flnanclal Statements - contlnued
for the year ended 31 March 2025
15.
FINANCIAL PERFORMANCE OF ST KENTIGERN PROMOTIONS LIMITED
St Kentigem Hospice ijwns the entire share capital of St Kentigem Promotions Limited (company no.03265191) ,
which operates a lottery and donates its surplus to the hospi￿ on an annual basis.
The trading results of Sl Kentigern Promotions Limited. as extracted from the financial statements. are
summarised below.
2025
2024
Lottery income
Donations
275,835
280.791
280.125
121367
289,472
122 0521
Expenditure on fundraising
Nel surplus
158,758
167,420
Oonalion to hospice
158.758>
167 420)
Retalned in SUb￿diary
The assets and liabllltles of the subsidiary v￿re.
Current assets
Current liabilities
56,251
82,304
62 174}
Total n8t assetsllliabilitie81
130
130
Aggregate share capital and reseNes
130
130
16.
FINANCIAL PERFORMANCE OF ST KENTIGERN TRADING LIMITED
st Kentigern Hospice owns the entire share capital of St Kenligern Trading Limited (company no. 03265016),
which operates Ihe trading activities on behalf of thè hospice in the form of charity shops and Cafe Cariad and
donatès its profits lo the hospice on an annual basis.
The trading results of St Kent￿er￿ Trading Limited, as extracted from the financial statements, are summarisad
below..
2025
2024
Income
855 857
722 778
Expenditure on fundraising
689 496)
578 3721
Net surplus
166,361
144.406
Amount donated to St Kenligern Hospice
144 406)
Retained in Subsidiary
The assets and liabilities of the subsidiary were-
Current assels
Current liabilities
54,710
35.626
35 6241
Total net assetsl{liabilities)
Aggregate share capital and reserves
Page 19
ontinued...

St Kentigem Hosplce
Notes to the Consolidatsd Flnancial Statements - continued
for the year ended 31 March 2025
17.
FINANCIAL PERFORMANCE OF ST KENTIGERN MARKETING UMITED
st Kentigern Hospi￿ owns the entire share capital of St Kentigem Marketing Limited (company no. 03265049},
which has remained dormant during the year.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2025
2024
Within one year
Be￿een one and five years
More than five years
82,143
234,781
306,408
85,512
265,614
357,728
623 332
708,854
Al 31 sl March 2012, the charity had annual commitments of £10 under a non-cancdlable operating lease,
which expire5 on 31st August 2034.
Durlng the year, £84.8Q) {2024'. £88,327) has been recognised within the finanaal statements as an
expense relating to operating leases.
Page 20
conts'nued...

st Kentigem Hosplce
Notes to the Consolldated Flnancial Statements - contlnued
for the year ended 31 March 2025
19.
TANGIBLE FIXED ASSETS
Leasehold
land and
buildings
Technology
and
equipment
Leasehold
improvements
COST
At 1 April 2024
Additions
Disposals
912.004
3.055,204
20,432
119,519
12.201
At 31 March 2025
912.(J)4
3.075.836
127,934
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
600,671
22,800
322.773
79.738
71,235
22,583
At 31 March 2025
623 477
402511
NET BOOK VALUE
Al 31 March 2025
288.527
2 873 125
At 31 March 2024
311327
2 732 431
Fixtures
and
fittings
Motor
v8hic18S
Totals
COST
At 1 April 2024
Additions
Disposals
509,779
27,831
52,332
20.750
4,848,838
81,214
20 399)
At 31 March 2025
520 997
4 709 853
DEPRECIATION
Al 1 Apnl 2024
Charge for year
Eliminated on disposal
214.668
50,620
37,797
3.635
1.247.150
179,376
12 4251
At 31 March 2025
1414 101
NET BOOK VALUE
At 31 March 2025
285 063
3 295 $52
At 31 March 2024
295 111
3 401688
All fixed assets of the group are i)wned by the Hospi￿.
Page 21
ntinued...

St Kenligern Hosplce
Notes to the Consolidated Flnanclal Statements - conllnued
for the year ended 31 March 2025
20.
FIXED ASSET INVESTMENTS
Investments
MARKET VALUE
At 1 April 2024
Unrealiseij investment gains
2.071.388
39.286
At 31 March 2025
2 110.672
NET BOOK VALUE
At 31 March 2025
2.110,672
At 31 March 2024
2.071388
There were no investment assets outside the UK.
All investments of the group are held within the hospice.
Investment portfollos are held ￿￿th Brewin Dolphin and Ralhbones.
21.
INVESTMENTS IN SUBSIDIARIES
Other
investments
MARKET VALUE
At 1 April 2024 and 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
22.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2025
Hospice
2025
Group
2024
Hospice
2024
Trade debtors
VAT
Prepayments
Sundry debtors
Amounts owed lo gr￿P undertakings
932
3.253
57.554
328,338
932
77.003
1.973
33.130
258,534
77,003
29,943
325,033
17,591
255,462
386 509
370 640
374 758
Debtors are all receivable within one year.
23.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2025
Hospice
2025
GTOUP
2024
Hospi
2024
Trade creditors
Accruals
PAYE liability
Other creditors
49.915
27.229
67.928
37.348
19.885
20,824
61,481
48,410
51.225
62.825
37,9(
22,378
47,850
57.043
102.190
200.366
127,271
Page 22
ntinued...

St Kentlgern Hospice
Notes to the Consolidated Flnanclal Statements - contlnued
for the year ended 31 March 2025
24.
MOVEMENT IN FUNDS (GROUP)
Prior
year
adjustment
Net
movement
in funds
At
3113125
At 114124
Unrestrlctsd fund8
General fund
5,643,917
57,316
55,382
5,756,595
Restrlcled funds
Capital expansion fund
395.853
{57.3161
23.755
362,292
TOTAL FUNDS
8.039.770
8118887
Page 23
continued...

st Kenligern Hosplce
Notes to the Consolldated Financlal Statements - contlnued
for the year ended 31 March 2025
MOVEMENT IN FUNDS (GROUP) - contlnued
Net movement in funds. included in Ihe above are as foll0v￿.
Incoming
resources
Resources
expended
Gains and
losses
Movemenl
in funds
Unrestrl¢ted funds
General fund
2,453.737
(2.437.661)
39,286
55,362
Re8trlcted funds
Capital expansion fund
Belsi Ca¢JWaladr University Local Health
Board
Welsh Government
The February Foundation
85.246
(61,491)
23.755
1.(￿7.805
309.959
{1,067.605)
1309,959)
5,000)
1.467.810
1444 055
TOTAL FUNDS
3 8817161
Comparatlves for movement In funds
Net
movement
in funds
At
3113124
At 114123
Unrestrlcted funds
General fund
5,570,217
131.016
5,701.233
Restrlcled funds
Capital expansion fund
395.853
{57,316}
338,537
TOTAL FUNDS
5 986 070
6 039 770
Comparative net movement in lunds. incFuded in the above are as follows..
Incoming
resources
Res¢)urces
expended
Gains and
losses
Movement
in funds
Unrestrl¢tsd funds
General fund
3,373,655
(3.400,145)
157,SC6
131,016
Restrlcted fund8
Capital expansion fund
5,441
(62.757}
{57.316)
TOTAL FUNDS
3 379 096
3.462,902}
Page 24
continued...

Sl Kentigem Hosplce
Notes to the Consolldated Financial Statements - contlnued
for the year ended 31 March 2025
MOVEMENT IN FUNDS (CHARITY)- contlnued
Prior
year
adjustment
Net
movement
in funds
At
3113125
At 114124
Unrestrlcted fund8
General fund
5.638.348
62,757
55.362
5,756,467
Re8trlcted fund8
Capital expansion fund
401.294
(62,757)
23.755
362.292
TOTAL FUNDS
6.039.642
79.117
6,118,759
Net movement in funds. included in the abovè are as follows:
IncomirvJ
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
1,642,873
(1.626,797>
39,288
55.362
Restrlcted funds
Capital expansion fund
Betsi Cadwaladr University Local Health
Board
Welsh Government
The February Foundation
85,248
{61.4911
23,755
1.067.605
309,959
(1,067,605)
(309.959)
1.487 810
1444 055
TOTAL FUNDS
3 110683
3.070 852}
Comparatlve8 lor movement In fund8
Net
movement
in funds
At
3113124
At 114123
Unrestrlcted fund8
General fund
5,570,089
131.018
5,701,105
Re8trlctsd funds
Capital expansion fund
395.853
(57,316)
338.537
TOTAL FUNDS
5 965 942
6 039 642
Comparative net movement in funds. included in the above are as follows:
Incomirvj
resources
Resources
expènded
Gains and
losses
Movement
in funds
Unrestrlctsd fund8
General fund
2.672.979
(2,6g9.4691
157.508
131,018
Restrlcted funds
Capital expansion fund
5,441
(62.757)
(57.316)
TOTAL FUNDS
2.678.420
(2,762,226)
157,508
73.700
Page 25
continued.

St Kenllgern Hospice
Notes to Ihe Consolldated Finan¢lal Statements - contlnued
for the year ended 31 March 2025
MOVEMENT IN FUNDS (CHARITY) - contlnued
A current year 12 months and prior year 12 months combined position is as follows..
Prior
year
adjustment
Net
movement
in funds
At 114123
3113125
Unrestrlcled funds
General fund
5,570.089
62,757
186,378
5,819,224
Restrlctsd funds
Capital expansion fund
395.853
{62,757)
133.561}
299,535
TOTAL FUNDS
152 817
6 118759
A current year 12 months and prior year 12 m¢)nths ccrfnbined nel movement in funds. included in the above ar8
as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlctsd lund8
General fund
4.315,852
(4,326.266)
196,792
186,378
Re8trlcled funds
Capital expansion fund
Belsi Cadwaladr University Local Health
Board
Welsh Government
The February Foundation
90.687
(124.2481
(33,561)
1,067,605
309.959
(1.067.605)
(309,959)
1473 251
TOTAL FUNDS
5.789,103
(5.833.078)
196,792
152,817
Restrlcted funds
The restricted fund represents monies received by the Charity from various funding l)odies and donors.
Reslriclions have been placed on how the monies are spent by the funders, and as a result they have been
recognised wthin restricted reserves.
Page 26
continued...

St Kentigern Hospl¢e
Notes to the Consolldated Flnanclal Ststements - contlnued
for the year ended 31 March 2025
26.
RELATED PARTY DISCLOSURES
During the year, the charity entered into transactions with wlies that are considered related under FRS 102 and
the Charilies SORP. Related parties indude trustees and entities in vthich they have a controlling or significant
influen￿.
Trustee8
As mentionèd in note 10, r￿ trustee received remuneration. any other benefits or reimbursement of expenses
from the charity during the year ended 31 March 2025 {2024'. £nil).
Transactlons wllh Relatsd Entltle8
The charity has wholly owned subsidiary undertakings. St Kentsgem Trading Ltd and St Kentigern
Promotions Ltd. which carry out non-charitable trading activities for the benefit of the Hospice. Both subsidiaries
distributable their profits to the charity.
st Kentigern Trading Ltd..
During the yeaT, St Kentigern Trading Ltd generated profits of vh)ich £27,861 {2024'. £49.406) remained
undislributed al the year end. Sales amounting to £7.970 (2024.. £5,878) were transferred directly to the Hospice.
At 31 March 2025, £12.680 (2024.. £1,274) VAS due to the Hospice.
St K8nligern Promotions Ltd..
St Kentigern Promotions Lld made a profil of vthich £34.258 (2024: £33,789) was not transferred at th8 year end.
Bank interest of £1,151 12024.. £8751 was transferred to the Hospw dunng the year. In 2025, raffle proceeds of
£17,888 (2024.. £11,235) were transferred. At 31 March 2025, £17,921 {2024'. £23,428) was due to Ihe Hospice.
All transactions be￿een the tharity and ils subsidiaries are undertaken on a normal commercial basis. Amounts
due from the subsidiaries are included Nmlhin debtors in the charity balance she8t.
26.
ULTIMATE CONTROLLING PARTY
The ultimate controlling party is the board of trustees.
27.
LEGAL STATUS OF THE CHARITY
The charity operates as a registered company, limited by guarantee. number of guarantees belng fourteen.
The liability of each guarantor is limited to £1.
Page 27