2021-03-31-accounts

Trustees		David Brown
		Margaret Hynes
		Roger Garnes
		Francesca Chapman
		David Walker
		Giles Williams
		Angela Brown
		Matthew Davies
		Nicola Alden
		David Lawson
Chief executive officer		Helen McVey
Secretary		Roger Comes
Charity number		700993
Company	number	02280991
Registered	office	Pendleside Hospice
		Colne Road
		Reedley
		Burnley
		Lancashire
		BB102LW
Auditor		PM+M Solutions for Business LLP
		New Century	House
		Greenbank Technology		Park
		Challenge Way
		Blackburn
		Lancashire
		BB15QB
Investment	advisors	James Brearley &Sons
		7 South Preston Office		Village
		Cuerden Way
		Bamber Bridge
		Preston
		PR5 6BL
		Close Brothers Asset Management
		5th Floor
		80 Mosley Street
		St Peter's Square
		Manchester
		M2 3FX

		Page
Trustees' report
Statement of trustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities	16
Balance sheet		18
Statement ofcash flows
Notes to the financial	statements	20-36

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2021	2021	2021	2020	2020	2020
		Notes		E
ncome an endow		ents	from:
Donations and legacies				1,182,643		1,182,643	1,650,771		1,650,771
Charitable activities				967,481	1,803,131	2,770,612	1,046,457	5,130	1,051,587
Other trading activities				988,214		988,214	1,418,015		1,418,015
Investment Income				164,151		164,151	212,100		212,100
Other income				94,661		94,661	115,000		115,000
Total income				3,397,150	1,803,131	5,200,281	4,442,343	5,130	4,447,473
Ex enditure on:
Raising funds				652,276		652,276	858,209		858,209
Charitable activities			9	3,685,738	3,004	3,688,742	3,400,140	8,874	3,409,014
Total resources
expended				4,338,014	3,004	4,341,018	4,258,349	8,874	4,267,223
Net gains/(losses) investments	on			1,017,737		1,017,737	(650,520)		(650,520)
Net incoming/
(outgoing) resources before transfers				76,873	1,800,127	1,877,000	(466,526)	(3,744)	(470,270)
Gross transfers
between funds				1,800,251	(1,800,251)
Net movement in	funds			1,877,124	(124)	1,877,000	(466,526)	(3,744)	(470,270)
Fund balances at April 2020	1			10,424,429	95,089	10,519,518	10,890,955	98,833	10,989,788
Fund balances at 31 March 2021				12,301,553	94,965	12,396,518	10,424,429	95,089	10,519,518

				Ail income
				funds
			2021		2020
			f.
Gross income			5,200,281		4,447,473
Gains/(losses)	on investments		1,017,737		(650,520)
Total income	in the reporting	period	6,218,018		3,796,953
Total expenditure from income funds			4,341,018		4,267,223
Net income/(expenditure)		for the year	1,877,000		(470,270)

									2021	2020
								Notes
		Fixed assets
		Tangible assets						14	2,483,400	2,496,369
		Investments						15	9,559,775	7,589,398
									12,043,175	10,085,767
		Current assets
,	'	Stocks						17	2,500	2,500
		Debtors						18	357,164	1,222,625
',	.	Cash at bank and in			hand				352„951.	500,542
							1		7'i2,615	1,725,667
		Creditors:	amounts		falling		due within
		one year						19	{359,272)	(1,291,916)
		Net current	assets						353,343	433,751
		Total assets less current				liabilities			12,396,518	10,519,518
		Income funds
		Restricted	funds					21	'94,965	95,089
		Unrestricted	fund	-	ener	I
		Designated	funds					22	4,483,400	4,545,958
		General unrestricted			funds				7,233,056	5,293,374
		Revaluation	reserve						585,097	585,097
									12,301,553	10,424,429
									12,396,518	10,519,518

				2021		2020
			Notes			E
Cash flows from operating		activities
Cash generated from/(absorbed by)			30
operations					805,272		(66,249)
Investing	activities
Purchase	oftangible fixed assets			(91,081)		(53,701)
Purchase	of investments			(3,932,094)		(3,796,481)
Proceeds	on disposal of investments			2,906,161		3,612,240
Investment	income			164,151		212,100
Net cash	used in investing	activities			(952,863)		(25,842)
Net cash	used in financing	activities
Net decrease in cash and		cash equivalents			(147,591)		(92,091)
Cash and	cash equivalents	at beginning	ofyear		500,542		592,633
Cash and	cash equivalents	at end of	year		352,951		500,542

		2021	2020
		E
Operation of	Hospice	2,770,612	1,051,587
Unrestricted	funds - general	967,481	1,046,457
Restricted funds		1,803,131	5,130
		2,770,612	1,051,587

Fundraising events
Charity shop sales
Hospice lottery
Other fundraising activities
Fundraising income

Unrestricted	Restricted	Total	Total
funds	funds	2021	2020
364,395		364,395	344,206
209,209		209,209	648,462
412,548		412,548	410,300
2,062		2,062	15,047
988,214		988,214	1,418,015
1,418,015			1,418,015

Unrestricted	Restricted	Total	Total
funds	funds	2021	2020
		f.
29,350		29,350	29,653
99„495		99,495	136,207
35,306		35,306	46,240
164,151		164,151	212,100
212,100			212,100

				Unrestricted	Unrestricted
				funds	funds
				general	general
				2021	2020
Government business grant Meals on wheels Insurance monies received				19,661 75,000	115,000
				94,661	115,000

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
		E	F
Costs ofraising funds
Christmas cards and merchandising Publicity and brochures Events expenditure Bank charges Telephone costs Insurance costs Voluntary income staff costs	products	8,695 26,523 22,329 7,013 805 772 126,963		8,695 26,523 22,329 7,013 805 772 126,963	12,820 39,018 102,493 7,649 677 956 154,545
Costs of raising funds		193,100		193,100	318,158
Fundraising trading costs
Prize money and commission General expenses Rates and insurance		73,540 8,396		73,540 8,396	78,186 50,921
Light, heat and water costs Repairs and maintenance Incidental expenses Operating lease rentals Motor and travel costs Staff costs Depreciation and impairment		27,860 21,797 14,714 84,416 3,379 213,810 11,264		27,860 21,797 14,714 84,416 3,379 213,810 11,264	1,118 37,291 19,179 24,601 84,708 5,198 222,537 16,312
Fundraising trading costs		459,176		459,176	540,051
		652,276		652,276	858,209
Forthe year ended 31 March 2020
Costs of raising funds Fundraising trading costs		318,158 540,051			318,158 540,051
		858,209			858,209

			2021	2020
			K
Staff costs Depreciation and impairment Water			3,090,843 92,786	2,694,169 77,631
Gas and electricity Repairs and maintenance Rent and rates			10,634 45,173 130,257	16,000 45,376 98,223
Recruitment Travel expenses Training Healthcare Uniforms Telephone costs Insurance			10,254 19,151 1,892 24,158 3,562 ?,247	12,920 23,630 35,513 23,511 24,701 5,350 6,099
Medical supplies and Cleaning costs Office costs, stationery, Registration fees and Incidental expenses Irrecoverable VAT Catering costs Patient transport costs Bank charges	bought in services postage and IT subs		14,658 64,697 18,812 37,021 11,128 1,293 18,670 46,704 9,256 7,016	18,882 147,161 26,405 31,977 8,890 2,794 16,563 55,950 7,131 7,650
			3„668,381	3,386,526
Share ofgovernance costs (see note 10)			20,361	22,488
			3,688,742	3,409,014
Analysis by fund
Unrestricted funds - general Restricted funds			3,685,738 3,004	3,400,140 8,874
			3,688,742	3,409,014

10	Support costs
				Support	Governance	2021	2020
				costs	costs
	Audit fees Accountancy Legal and professional				5,400 3,300 11,661	5,400 3,300 11,661	5,200 5,000 12,288
					20,361	20,361	22,488
	Analysed between
	Charitable activities				20,361	20,361	22,488
11	Net movement in funds					2021	2020
	Net movement in funds is stated		after charging/(crediting)
	Fees payable to the company's financial statements Fees payable to the company's Depreciation ofowned tangible	auditor for the audit ofthe auditor for other services fixed assets		company's provided		5,400 3,300 104,050	5,200 5,000 93,988

The average monthly number ofemployees during the year wa	s:
	2021	2020
	Number	Number
Nursing staff - inpatient Nursing staff - day therapy Nursing staff - hospice at home Nursing staff- spiritual care and medical offers Administration staff and general managers Ancilliary	24 6 24 2 28 12	24 9 21 3 25 12
	96	94
Employment costs	2021	2020
Wages and salaries Social security costs Other pension costs	3,005,443 235,954 190,219	2,693,431 204,106 173,714
	3,431,616	3,071,251

The number ofemployees whose annual remuneratio	n was f60,000or more were
	2021	2020
F60,001 - f70,000	Number	Number
670,001 - 280,000		1
f100,001 -f200,000

Tangible fixed asse	ts
		Freehold buildings	Fixtures and fittings	Computers	Motor vehicles	Total
Cost or valuation
At 1 April 2020 Additions Disposals		3,041,042	427,817 35,171	94,415 6,321	147,719 49,589 (42,191)	3,710,993 91,081. (42,191)
At 31 March 2021		3,041„042	462,988	100,736	155,117	3,759,883
Depreciation and impairment
At 1 April 2020 Depreciation charged Eliminated in respect	in the year ofdisposals	645,308 54,926	373,382 20,994	58,340 16,869	137,594 11,261 (42,191)	1,214,624 104,050 (42,191)
At 31 March 2021		700,234	394,376	75,209	106,664	1,276,483
Carrying amount
At 31 March 2021		2,340,808	68,612	25,527	48,453	2,483,400
At 31 March 2020		2,395,734	54,435	36,075	10,125	2,496,369

	Listed	Other	Total
	securities	investments
Cost or valuation
At 1 April 2020 Additions Valuation changes Disposals	4,286,711 1,818,409 944,444 (1,159,105)	3,302,687 2,113,685 (1„747,056)	7,589.,398. 3,932,094 944,444 (2,906,161)
At 31 March 2021	5,890,459	3,669,316	9,559,775
Carrying amount
At 31 March 2021	5,890,459	3,669„316	9,559„775
At 31 March 2020	4,286,711	3,302,687	7,589,398
Other Investments:		2021f	2020
Marsden Building Society Julian Hodge Close Brothers Handelsbanken		595,588 794,209 572„898 1,706,621	585,319 794,209 1,321,320 601,839
		3,669,316	3,302,687

16	Financial	instruments
					2021	2020
	Carrying amount of		financial assets
	Instruments	measured	at fair value through	profit or loss	5,890,459	4,286,711
17	Stocks
					2021	2020
					E	E
	Finished goods and goods for resale				2,500	2,500

Debtors	Debtors
Amounts falling due within one year:		2021	2020 E
Trade debtors Other debtors Prepayments and accrued income		73,624 226,026 57,514	1,081,437 42,967 9$,221
		357,164	1,222,625
Creditors: amounts	falling due within one year
		2021	2020
Trade creditors Other creditors Accruals and deferred	income	50,345 79,658 229,269	153,429 56,006 1,082,481
		359,272	1,291,916
Deferred Income
Deferred income at 1 Movement in the year	April 2020		1,017,423 (935,613)
Deferred income at 31 March 2021			81,810

		Balance at Expenditure	Balance at Expenditure	Transfers	Balance at
		1April 2020			31 March 2021
		f.	K	E
Designated funds		4,545,958 (12,969)		(49,589)	4,483,400
Analysis ofnet assets between funds
		Unrestricted	Restricted		Total
Fund balances at 31 March 2021 are represented	by:				f.
Tangible assets Investments Current assets/(liabilities)		2„408,435 9,559,775 333,343		74„965 20,000	2,483,400 9,559,775 353,343
		12,301,553		94,965	12,396,518.
		Unrestricted	Restricted		Total
Fund balances at 31 March 2020 are represented	by:
Tangible assets Investments Current- assets/(liabilities)		2,421,860 7,589,398 413,171		74,509 20,580	2,496,369 7,589,398 433,751
		10,424,429		95,089	10,519,518

				Movement	in funds
		Balance at 1 April 2020	Income	Expenditure	Transfers	Revaluations, gains and	Balance at 31 March
						losses	2021
Designated funds General funds		4,645,958 5,878,471	3,397„150	(12,969) (4,325,046)	(49,589) 1,849,840	1,017,737	4,483,400 7,818,153
Total unrestricted
funds		10,424,429	3,397,150	(4,338,014)	1,800,251	1,017,737	12,301,553
Restricted	funds	95,089	1,803,131	(3,004)	1,800,251		94,965
		10,519,518	5,200,281	(4,341,018)		1,017,737	12,396,518

							2021	2020
	Within one year Between two and five years In over five years						78,978 202„373 180,083	50,113 24,415
							461,434	74,528
27	Capital commitments						2021	2020
	At 31 March 2021 the Charity had	capital commitments				as follows:
	Acquisition ofmotor vehicles and	equipment						58,040
28	Related party transactions
	There were no disclosable related	party	transactions		during the year (2020 -none).
29	Controlling party
	The Charity is under the control ofthe trustees as noted					in the trustees	report.
30	Cash generated from operations						2021	2020
								E
	Surplus/(deficit) for the year						1,877,000	(470,270)
	Adjustments for:
	Investment income recognised in statement offinancial Fair value gains and losses on investments Depreciation and impairment oftangible fixed assets					activities	(164,151) (944,444) 104,050	(212,1-00) 621,179 93,945
	Movements in working capital:
	Decrease/(increase) in debtors (Decrease)/increase in creditors						865,461 (932,644)	(1,104,422) 1,005,423
	Cash generated from/(absorbed	by) operations					805,272	(66,245)
31	Analysis ofchanges in net funds
	The Charity had no debt during the	year.