2022-03-31-accounts - The Hospice Of The Good Shepherd

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			Page
A message from the Chairman
Report ofthe Trustees
Objectives and activities for the public benefit
A review ofour achievements	and performance		3-6
Volunteers			6-8
Fundraising			8-9
Financial summary			9-10
Risk management			10-11
Structure, Governance 8 Management			11-13
Report ofthe Independent Auditors			14-16
Statement of Financial Activities			17
Statement of Financial Position			18
Statement ofCash Flows			19
Notes forming part ofthe Financial Statement			20-30
The following pages do nol form	part ofthe statutory	accounts:
Analysis ofStatement ofFinancial Activities			31-33

Reference	and administrative	details:
Registered	Charity number:	701876
Principal address:		Cedar House, North Road, Retford, DN22 7XF
Auditors:		Hawson's
		5Sidings Court, White Rose Way, Doncaster,			DN4 5NU
Solicitors:		Gareth Day
		Jones and Company,	Cannon	Square, Retford, DN22 6PB
Bankers:		Lloyds Bank, High Street, Lincoln, LN5 7AP
		CAF Bank Limited, 25 Kings		Hill Avenue,	Kings Hill, West Mailing, Kent,
		ME194JQ
		Virgin Money, Jubilee	House,	Gosforth, Newcastle		upon Tyne,
		NE3 4PL
Investment	managers:	Rathbone Investment	Management
		Port ofLiverpool Building, Pier Head, Liverpool, L3				1NW

							Total	Total
					Unrestricted	Restricted	Funds	Funds
				Notes	Funds f	Fundsf	2022f	2021f
Incoming resources from charitable				activities:
Donations and legacies				2	443,653		443,653	393,515
Grants receivable				3				48,664
Charitable activities				4	500		500	10
Other trading activities				5	84,028		84,028	33,600
Investment income				6	92,074		92,074	81,204
Total income					620,255		620,255	556,993
Expenditure
Cost ofraising funds
Charity shops				7(i)	76,218		76,218	49,897
Costs ofgenerating	voluntary		income	7(ii)	69,740		69,740	65,592
Investment management				7(iii)	16,719		16,719	14,614
					162,677		162,677	130,103
Charitable activities				8	274,705		274,705	288,500
Total expenditure					437,382		437,382	418,603
Net income before
gains on investments					182,873		182,873	138,390
Net gain on investment		assets			258,292		258,292	575,215
Net movement in funds					441,165		441,165	713,605
Total funds brought	forward				6,389,952		6,389,952	5,676,347
Total funds carried	forward				6,831,117		6,831,117	6,389,952

			SASSETLAW	HOSPICE OFTHE GOOD	SHEPHERD
			STATEMENT OF FINANCIAL POSITION
				AS AT 31s~ MARCH 2022
					2022		2021
			Notes
Fixed Assets
Tangible assets			13		1,624,990		1,683,301
Investments			14		4,854,504		3,839,328
Current Assets
Stocks			15	283		283
Debtors			16	43,874		28,683
Cash at bank	and in	hand	17	314,916		885,587
Current Assets				359,073		914,533
Creditors: amounts		falling due within
one year			18	(7,450)		(47,230)
Net Current	Assets				351,623		867,323
Net Assets					6,831,117		6,389,952
Funds
Unrestricted	funds				6,831,117		6,389,952
Total charity	funds				6,831,117		6,389,952

					Notes	2022	2021
						f	f
Cash flow from operating		activities
Net cash	provided by operating activities				21	169,946	390,918
Cash flows from investing		activities:
Dividends, interest and income from investments						92,074	81,204
Purchase	ofproperty, plant	and equipment				(40,055)	(56,769)
Proceeds Purchase Net cash	from sale ofinvestments ofinvestments (used in) investing activities					344,618 1,000,060 663,423	655,317 ~811,636 ~131,884
Change	in cash and cash	equivalents	in the			(433,477)	259,034
year
Cash and cash equivalents		atthe beginning		of		969,468	710,434
the year
Cash and cash equivalents		atthe end	ofthe		22
year						535,991	969,468

eir estimated resid	ual val	ue, over their expected u	seful lives on the following bases:	seful lives on the following bases:
Building			4%straight line basis
Medical equipment			25% reducing	balance basis
Hospice furniture	fixtures	&fittings	25% reducing	balance basis
Office &shop equipment		&fittings	25% reducing	balance basis

2. Donations &legacies
	2022	2021
	8	F
Donations	124,497	119,392
Gift aid	3,205	4,865
Legacies	304,357	262,612
Subscriptions	9,424	5,356
Collections	2,170	1,290
	443,653	393,515

						2022	2021
						8	B
Coronavirus			Job retention		scheme		17,660
Bassetlaw District				Council	—Local Business Support Grants		20,000
Prepayments			and	accrued	income		11,004
							48,664
4.	Charitable			activities
						2022	2021
						6	B
Hairdressing
Hospice tea/coffee						500	10
						500	10
5.	Other		trading activities
						2022	2021f
Shop	Income					72,016	15,450
Shop	CDVID		19Insurance		claim		12,000
Fundraising		events				9,328	3,471
eBay	sales					1,410	1,048
Rose	garden		income			1,274	1,631
						84,028	33,600

				2022	2021
				8	E
Solar Panel Income				2,736	2,709
Dividends -equities				71,411	78,440
Interest on cash	deposits			17,927	55
				92,074	81,204
7. Cost ofraising funds
				2022	2021
				8	E
i. Charity Shops
Opening stock				208	204
Purchases				670	662
Closing stock				(208)	(284)
Staff costs				26,811	13,860
Other operating	leases			30,178	30,295
Rates and water				1,099	800
Insurance				2,563	1,608
Light and heat				3,427	1,114
Professional fees				1,818	1,638
Shop repairs				3,425
Advertising &marketing				2,908
Stationery				160
Till &credit card	costs			1,670
Sundry costs				222
Telephone &broadband				1,267
				76,218	49,897
ii. Costs ofgenerating		voluntary	income
Staff costs				46,144	16,243
Other operating	leases			5,750	1,437
Rates and water				732	71
Insurance				2,563	1,339
Light and heat				1,469	495
Event costs				2,913	273
Advertising				2,908	480
Other fundraising	costs				238
eBay, PayPal, post and packing					8
Professional fees				2,368	640
Support costs					38,685
Governance costs					5,683
Charity expenses				600
Sundry expenses				176
Stationery &office expenses				1,545
Telephone &broadband				1,802
Repairs &maintenance				173
Bank charges				597
				69,740	65,592

iii. Investment manageme	iii. Investment manageme	iii. Investment manageme	nt
Portfolio management					16,719	14,614
					16,719	14,614
8. Charitable	activities costs
Staff costs					29,752	35,101
Other staff costs						680
External services					3,324	6,943
Rates &water					8,122	3,744
Facilities contracts					4,146	3,257
Insurance					2,563	2,144
Light &heat					24,094	11,928
Postage, stationery		&telephone			92	349
Sundries					2,604	1,626
Repairs &renewals					2,681	816
Garden maintenance					860	237
Equipment 8 supplies					3,010	57,125
Repairs to equipment					7,412	6,060
Travel					4,625	269
Non-medical NHS	costs				78,328	77,175
Depreciation					98,366	111,050
Supportcosts					1,818	17,997
Governance costs						2,609
Advertising & marketing					2,908
					274,705	288,500
9. Staff costs
					2022	2021
External services					3,324	6,963
Salaries and wages					92,498	102,792
Social security costs					6,593	3,510
Staff pensions					3,459	3,874
					105,874	117,139
The average number		ofemployees	analysed	by function
was:
					2022	2021
Direct charitable					3	3
Cost of raising funds					3	3

Net inco	me for the ye	ar is stated after ch	arging;
				2022	2021
				6	6
Depreciation				98,366	111,566
Auditors	remuneration	—audit services		3,750	1,780
		-for accountancy	services	956	1,020
		-for other fees			150
Payroll management		services		1,298	1,298
Operating	lease rentals			35,928	36,045

			Medical	Hospice	ONce &	Total
		Building	equipment	fixtures	shop
				&fittings	equipment
				E
COST
As at 1 April	2021	2,312,209	115,947	110,424	19,435	2,558,015
Additions				36,529	3,526	40,055
Disposals
At 31March	2022	2,312,209	115,947	146,953	22,961	2,598,070
DEPRECIATION
As at 1 April	2021	696,873	80,592	80,559	16,690	874,714
Charge for	the	76,737	8,839	11,928	862	98,366
year
On disposals
At 31March	2022	773,610	89,431	92,487	17,552	973,080
NET BOOK
VALUE
At 31March		1,538,599	26,516	54,466	5,409	1,624,990
2022
At 31 March	2021	1,615,336	35,355	29,865	2,745	1,683,301

Movement in	fixed asset	inve	stments
								2022f	2021 F
Market value	brought forward		1 April 2021					3,755,447	3,023,913
Additions to investments		at cost						1,000,060	811,636
Disposals at	carry values							(380,370)	(639,441)
Net gain on revaluation								258,292	559,339
Market value	carried forward		at 31 March			2021		4,633,429	3,755,447
Cash deposits held within		the	investment			portfolio		221,075	83,881
								4854.584	3 838,328
Investments	at market value
Comprised:
Equities								4,633,429	3,755,447
Fixed Interest
Cash deposits held within		the	investment		portfolio			221,075	83,881
Total								4,854,504	3,839,328
All investments	are carried	at	their market			value.	Investments	in equities and fixed interest securities
are all traded	in quoted public		markets.	Investment			sales and	purchases are recognised	at the date of
the trade at cost (that is their transaction					value).

the trade at cost (that 15.Stock	is th	eir transaction value).
			2022	2021
			6	6
Stocks of merchandise	for	resale	283	283
			283	283
16.Creditors: amounts		falling due within one year
			2022 6	2021 f
Trade debtors			18,750
Prepayments			8,301	8,490
Accrued income				5,585
VAT			16,818	14,603
Other debtors			5	5
			43,874	28,683

		2022f	2021f
Charity petty cash
Maintenance petty cash		205	40
Events petty cash		303	363
Shop cash register		27	27
Bank account trustees		2,026	1,001
Bank account maintenance		12,290	17,639
Bank account charity		12,662	15,749
Main investment account		185,639	827,049
Virgin money account		10,459	10,459
Paypal		5,344	1,816
CAF Bank		85,961	11,424
		314,916	885,587
18.Creditors: amounts	falling due within one year
		2022 f	2021 f
Trade creditors			39,918
Taxation &social security		1,805	1,5&9
Accruals		5,080	5,158
Interest on cash deposits		565	565
		7,450	47,230

19.Moveme	nt in Funds
		At	Income	Expenditure	Gains	At
		1 April				31 March
Unrestricted	Funds:	2021f	f	f		2022 f
General Fund		6,389,952	620,255	(450,388)	271,298	6,831,117
Total funds		6,389,952	620,255	450,388	271,298	6,831,117

21.Reco	nciliation o	fnet income/(expenditure) to net cash	flow from operating activ	ities
			2022f	2021f
Net Income for the year			441,165	713,605
Adjustments for:
Depreciation charges			98,366	111,566
(Gains) on	investments		(258,292)	(575,215)
Dividends,	interest and	income from investments	(92,704)	(81,204)
(Increase)	in stocks			(79)
Increase in	debtors		15,191	222,503
(Decrease)	in creditors		(39,780)	(258)
			169,946	390,918
22. Analysis ofcash		and cash equivalents
			2022 f	2021 F
Cash at bank and in hand			314,916	885,587
Cash held	in investment	portfolio	221,075	83,881
			535,991	969,468

		2022f	2021f
Donations 8 legacies
Donations		124,497	119,392
Gift aid		3,205	4,865
Legacies		304,357	262,612
Subscriptions		9,424	5,356
Collections		2,170	1,290
		443,653	393,515
Grants receivable
Coronavirus Job Retention	Scheme		17,660
Bassetlaw District Council	—Local support grants		20,000
Bassetlaw District Council	—Restart grants		11,004
			48,664
Charitable activities
Hairdressing
Hospice tea/coffee		500	10
		500	10
Other trading activities
Shop income		72,016	15,450
Shop COVID 19insurance	claim		12,000
Fundraising events		9,328	3,471
eBay sales		1,410	1,048
Rose garden income		1,274	1,631
		84,028	33,600
Investment income
Solar panel income		2,736	2,709
Dividends —equities		71,411	78,440
Interest on cash deposits		17,927	55
		92,074	81,204
Total Income for the year		620,255	556,983

			2022f	2021 6
Cost offundraising
Charity shops
Opening stock			208	204
Purchases			670	662
Closing stock			(208)	(284)
Staffcosts			26,811	13,860
Other operating leases			30,178	30,295
Rates &water			1,099	800
Insurance			2,563	1,608
Light &heat			3,425	1,114
Shop repairs			3,425
Professional fees			1,818	1,638
Advertising & marketing			2,908
Stationery			160
Till &credit card costs			1,670
Sundry costs			222
Telephone &broadband			1,267
			76218	49,897
Cost ofgenerating	voluntary	income
Staffcosts			46,144	16,243
Other operating costs			5,750	1,437
Rates &water			732	71
Insurance			2,563	1,339
I ight &heat			1,469	495
Event costs			2,913	273
Advertising			2,908	480
Other fundraising costs				238
eBay, PayPal, post and packaging				8
Professional fees			2,368	640
Support costs				38,685
Governance costs				5,683
Charity expenses			600
Sundry expenses			176
Stationery &office expenses			1,545
Telephone 8 broadband			1,802
Repairs &maintenance			173
Bank charges			597
			69,740	65,592
Investment management
Portfolio management			16,719	14,614
Total costs offundraising			162,677	130,103

			2022	2021
Charitable activities
Staff costs			29,752	35,101
Other staff costs				680
External services			3,324	6,943
Rates &water			8,122	3,744
Facilities contracts			4,146	3,257
Insurance			2,563	2,144
Light 8 heat			24,094	11,928
Postage, stationery	&telephone		92	349
Sundries			2,604	1,626
Repairs &renewals			2,681	816
Garden maintenance			860	237
Equipment &supplies			3,010	7,125
Repairs to equipment			7,412	6,060
Travel			4,625	269
Non medical NHS costs			78,328	77,175
Depreciation			98,366	111,050
Fixed asset loss on disposal
Removal costs
Support costs				17,997
Governance costs				2,609
Advertising & marketing			2,908
			274,705	288,500
Total expenditure for the		year	437,382	418,603
Net income before	gains		182,873	138,390
Gain on fixed asset disposals				15,876
Revaluation offixed	asset	investments	258,292	559,339
Total costs ofcharitable		activities	441,165	713,605