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2023-03-31-accounts

CONTENTS
Page
A Nlessage
from the Chairman
Report ofthe Trustees
Objecdves and activities for the public benegt
A review ofour achievements
and performance		 3-6
Volunteers 8-7
Fundraising 7-8
Finandat
summary		 8-9
Risk management 10-11
Structure,
Governance 8Management		 11-13
Report ofthe independent
Auditors		 1416
Statement ofFinancial Activities 17
Statement ofFinancial
PosiTion		 18
Statement ofCash Flows 19
Notes forming part ofthe Financial Statement 2040
The following pages do not form part ofthe statutory accounts:
Analysis ofStatement ofFinancial Activities 3143

SASSETCAW HOSPICE OFTHEGoon SHEPHERO HOSPICE OFTHEGoon SHEPHERO HOSPICE OFTHEGoon SHEPHERO HOSPICE OFTHEGoon SHEPHERO HOSPICE OFTHEGoon SHEPHERO
REPORT OF THE TRUSTEES
FORTHE YEAR ENDING 31eMARCH 2023
REGISTEREO CHARITY NUMBER 701S76
Reference and administrative details:
Registered Charity number. 701876
Principal address: Cedar House, North Road, Retford, DN22 7XF
Auditors: Hawsons
5Sidlngs Court, White Ross Wsy, Ooncaster, ON4 5NU
Solicitors: Gareth Oay
Jones and Company,
Cannon		 Square, Retford, DN22 6PB
Bankers: Lloyds Bank, High Street, Lincoln, LN5 TAP
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, Wast Mailing, Kent,
ME194JQ
Virgin Money, Jubilee House, Gosforth, Newcastle upon Tyne,
NE34PL
Invesbnent managers: Rathbone Investment Management
Port ofLiverpoot Building, Pier Head, Liverpool, L3 1NW
TFUsteesr Position:
M WQuigley MBE Chairman
OTCashmore Vice Chairman
RAshmore Treasurer
M Childs Secretary
R Robinson
BSpencer
P Jefferson
ATromans
D Bestow
D Craggs

Total Total
Unrestricted Restricted Funds Funds
Notes Funds
f		 Funds
f		 2023
f		 2022
f
incoming resources from charitable actlvtfies:
Donations and legacies 2 272,211 272,211 443.653
Charitable
activities		 3 2,861 2,861 500
Other trading
activities		 4 104,383 104,383 84,028
Investment
income		 5 219.102 219,102 92,074
Total income 596,557 598,557 620,255
Expenditure
Cost ofraising funds
Charity shops 6(i) &6,187 66,187 76,218
Costs ofgenerating voluntary income 6(ii) 80,8&1 80,881 69,740
Investment
management		 6(iii) 18,648 18,648 16,719
185,716 185,716 162,677
Charitable
activities		 359,346 359,346 274,705
Total expenditure 545,062 545,062 437,382
Net Income before
gains on investments 53,495 53,495 182,873
Net loss on investment assets (354,953) (354,953) 258,292
Het movement
in funds		 (301,458) (301,458) 441,165
Total funds brought forward 6,831,117 6,831,117 6,389,952
Total funds carried forward 6,529,659 6,529,659 6,831,117
EAEEETLAw HospicE oFTHEoooo EHEFHEAO
STATEMENT OF FINANCIAL POSITION
ASAT S to MASCH EC2S
2023 2922
Notes
Fixed Assets
Tangible assets
Investments		 12
13		 1,554,570
4,697,334		 1,624,990
4,'854,'504
Current Assets
Stacks 14 283 283
Debtors 15 37,989 43,874
Cash at bank and in hand 16 247,726 314,916
Current AMIets 285,998 359,073
Creditors: amounts faging due within
one year 17 (8,243) (7,450)
Net Current Assets 277,755 351,623
Net Assets 6,529,659 6,831,117
Funds
Unrestricted funds 6,529,659 6,831,117
Total charity funds 6,529,659 6,831,117
Notes 2023 2022
0 0
Cash flow from operating activities
Nat cash provided
by operating
activities		 20 (59,568) 169,946
Cash flows from Investing activities:
Dividends,
interest and income from investments		 219,102 92,074
Purchase ofproperty,
plant and equipment
Proceeds from sale ofinvestments
Purchase ofinvestments
Net cash (used In) Investing
activities		 (28,941)
330,067
~344.4232
~22 222		 (40,055)
344,618
~I.DOO.DDD
~333423
Change
in cash and cash		 equivalents In the (83,460) (433,477)
year
Cash and cash equivalents at the beginning of 535,991 969,468
the year
Cash and cash equivalents at the end ofthe 21
year 452,531 535,991

2. Donations &legacie s
2023f 2022f
Donations 113,689 124,497
Gift aid 2,948 3,205
Legacies 140,201 304,357
Sobs cdptions 13,097 9,424
Collecdons 2,276 2,170
272,211 443,653
Ail of the legacies received included above are unrestricted.
3. Charitable activities
2023
f		 2022
f
Hospice tea/coffee 2,861 500
2,861 500
4. Other trading activities
2023
f		 2022
F
Shop Income 87,313 72,016
Fundraising
events		 14.360 9,328
eBay sales 1,786 1,410
Rose garden income 924 1,274
104,383 84,028
5. Investment income
2023
f		 2022
f
Solar Panel Income 2,670 2,736
Dividends - equities 113,318 71,411
interest on cash deposits 13,874 17,927
Other income 89,240
219,102 92,074

8. Cost ofraising fu nds
2023 2022
8 6
I.
Charity Shops
Opening stock 283 283
Purchases 986 670
Closing stock (283) (283)
Staffcosts 30,813 26,811
Other operating leases 30,178 30,178
Rates and water 1,928 1,099
insurance 3,153 2,563
Light and heat
Professional fees		 3,220
2,759		 3,427
1,818
Shop repairs 7,237 3,425
Advertising
&markegng		 2,737 2,908
Stationery 1,364 160
Till 8 credit card costs 1,670
Sundry costs 306 222
Telephone 8 broadband 1,506 1,267
86,187 76,218
g.
Costs ofgenerating		 voluntary Income
Staff costs 53,743 46,144
Other operating leases 5,750 5,750
Rates and water 1,285 732
Insurance 3,152 2,563
Light and heat 1,380 1,469
Event costs 4,025 2,913
Advertising 2,737 2,908
Professional fees 2,754 2,368
Charity expenses 594 600
Sundry expenses 213 176
Stationery
&offlce expenses		 2,002 1,545
Telephone
&broadband		 2,322 1,802
Repairs &maintenance 315 173
Bank charges 609 597
80,881 69,740
Ig.
Investment		 management
Portfolio management 18,648 16,719
18,648 16,719

7.
Charitable		 actlvhies costs
Staff costs 34,367 29,752
External services 19,639 3,324
Rates &water 7,084 8,122
Facilities contracts 9,225 4,146
insurance 3,152 2,563
Light &heat 18,628 24,094
Postage, stationery 8 telephone 2,255 92
Sundries 4,334 2,604
Repairs 8 renewals 2,037 2,681
Garden maintenance 979 860
Equipment
&supplies		 2,486 3,010
Repairs to equipment 8.549
Tmvei 3,223 4,625
Non-medical
NHS		 costs 138,788 78,328
Depreciation 99,361 98,366
Support costs 2,501 1,818
Advertising
8 marketing		 2,738 2,908
359,346 274,705
8. Staff costs
20238 2022
External services 19,639 3,324
Salaries and wages 111,678 92.498
Social security costs 2,785 6,593
Staffpensions 4,460 3.459
138,563 105,874
The average number ofemployees snelysed by function
was:
2023 2022
Direct charitable 4 3
Cost of raising funds 3 3
7 6

Net inco me for the y ear is stated after ch arging;
2023 2022f
Depreciation 99,361 98,366
Auditors remunerathn —audit services 4,860 3,750
-for accountancy services 1,295 956
Payroll management services 1,617 1,298
Operating lease rentals 35,928 35,928

Medical Hospice ONce 8 Total
Building equipment fixtures
8fittingsf		 shop
equipmentf
COST
As at 1 April 2022 2,312,209 115,947 146,953 22,961 2,598,070
Additions 21,700 5,869 1,372 28,941
At 31March 2023 2,333,909 115,947 152,822 24,333 2,627,011
OEPRECIATfON
As at 1 April 2022 773,610 89,431 92,487 17,552 973,080
Charge
for		 the 77,171 6,629 14,109 1,452 99,361
year
At 31 March 2023 850,781 96,060 106,596 19,004 1,072,441
NETBOOK
VALUE
At 31 March
2023
1,483,128 19,887 46,226 5,329 1,554,570
At 31 March 2022 1,538,599 26,516 54.466 5,409 1,624,990
13.Fixed asset Investments
Movement
in fixed asset investments
2023 2022
8 8
Market value brought forward 1 April 2022 4,633,429 3,755,447
Additions to investments
at cost		 544,120 1,000,060
Disposals at carrying values (330,067) (380,370)
Net (loss)f gain on revaluagon (354,953) 258,292
Market value carried forward at 31 March 2023 4,492,529 4,633,429
Cash deposits held within the investment portfolio 204,805 221,075
4,697,334 4,854,504
Investments
at market value
Comprised:
Equigss 4,492,529 4,633,429
Cash deposits held within the investment portfolio 204,805 221,075
Total ~B97334 4854 504

the trade at cost (that i
14.Stock		 s their transaction
value).
2023 2022
8 8
Stocks ofmerchandise for resale 283 283
283 283
15.Debtors
2023 2022
6
Legacies receivable 7,098 18,750
Prepayments 8,543 8,301
VAT 22,343 16,818
Other debtors 5 5
37,989 43,874

2023
f		 2022
f
Charity petty cash
Maintenance pelty cash 263 205
Events petty cash 1,157 303
Shop cash register 27 27
Bank account trustees 1,095 2,028
Bank account maintenance 7,168 12,290
Bank account charity 7,131 12,662
Main investment
account		 214,383 185,639
Virgin money account 10,460 10,459
Paypal 5,922 5,344
CAF Bank 120 85,961
247,726 314,916
17.Creditors: amounts falling due within one year
2023
f		 2022
f
Taxation &sodal security 1,656 1,805
Accruals 5,827 5,080
interest on cash deposits 760 565
8,243 7,450
16. Movement
in Funds
At income Expenditure Losses At
1April 31March
Unrestricted Funds: 2022
f		 f f f 2023 f
General Fund 6,831,117 598,557 (545,062) (354,953) 6,529,659
Total funds 6,831,117 598,557 545,062 354.953 6,529,659

20. Recon ciliation
o		 fnet income/(expenditure)
to net cash		 flow from operating activ ities
2023
2		 2022f
Net (deficit)/ surplus for the year (301,458) 441,165
Adjustments for:
Depreciation charges 99,361 98,366
Lass/(Gains) on investments 354,953 (258,292)
Dividends,
interest and		 Income from investments (219,102) (92,704)
(Increase) in stocks
Decrease in debtors 5,885 15,191
Increase in creditors 793 (39,780)
(59,568) 169,946
21.Analysis ofcash and cash equivalents
2023 2022
F
Cash at bank and in hand 247,726 314,916
Cash held in investment portfolio 204,805 221,075
452,531 535,991

2023 2022
6 6
Donations &legacies
Donations 113,689 124,497
Gift aid 2,948 3,205
Legacies 140,201 304,357
Subscriptions 13,097 9,424
Collections 2,276 2,170
272211 443653
Grants receivable
Coronavirus
Job Retention		 Scheme
Bassetlaw District Council —Local support
grants
Bassetlaw District Coundl —Restart grants
Charitable activities
Hairdressing
Hospice tea/coifee 2,861 500
2.861 500
Other trading activities
Shop income 87,313 72,016
Shop COVID 19insurance claim
Fundrsising
events		 14,360 9,328
eBsy sales 1,786 1,410
Rose garden income 924 1,274
104 383 84028
Investment
Income
Solar panel income 2,670 2,736
Dividends —equities 109,226 71,411
Interest on cash deposits 7,206 17,927
Redemption 100,000
219,102 92074
Total Income forthe year 598,557 620,255

2023 2022
Cost offundralsing
Charity shops
Opening stock 283 283
Purchases 986 670
Closing stock (283) (283)
Staffcosts 30,813 26,811
Other operating leases 30,178 30,178
Rates Ik water 1,928 1,099
Insurance 3,153 2,563
Light &heat 3,220 3,427
Shop repairs 7,237 3,425
Professional fees 2,759 1,818
Adverbsing
&markesng		 2,737 2,908
Stationery 1,364 160
Till &credit card costs 1,670
Sundry casts 306 222
Telephone
&broadband		 1,506 1,267
86,187 76,218
Cost ofgenerating voluntary income
Staffcosts 53,743 46,144
Other operating costs 5,750 5,750
Rates &water 1,285 732
Insurance 3,152 2,563
Light &heat 1,380 1,469
Event costs 4,025 2,913
Advertising 2,737 2,908
Other fundraising
casts
eBay, PayPal, post and packaging
Professional fees 2,754 2,368
Support costs
Governance
costs
Charity expenses 594 600
Sundry expenses 213 176
Stationery
&otfice expenses		 2,002 1,545
Telephone
&broadband		 2,322 1,802
Repairs &maintenance 315 173
Bank charges 609 597
80,881 69,740
Investment
management
Portfolio management 18,648 16719
Total costs offundrsislng 185,716 162.677

2023 2022
6 8
Charitabte
activities
Stalf costs 34,367 29,752
Other staff costs
External services 19,639 3,324
Rates &water 7,084 8,122
Facilwas contracts 9,225 4,146
Insurance 3,152 2,563
Light &heat 18,628 24,094
Postage, stationery &telephone 2,255 92
Sundries 4.334 2,604
Repairs &renewals 2,037 2,681
Garden maintenance 979 860
Equipment
&supplies		 2,486 3,010
Repairs to equipment 8,549 7,412
Travel 3,223 4,625
Non medical NHS costs 138,788 78,328
Depreciation 99,361 98,366
Fixed asset loss on disposal
Removal costs
Support costs 2,501 1,818
Governance
costs
Advertising
&marketing		 2,738 2,908
359,346 274,705
Total expenditure
for the year		 545,062 437,382
Net income before losses 53,495 182,873
Gain on fixed asset disposais
Revaluation
offixed		 asset investments (354,953) 258,292
Total costs ofcharitable activities 301,458 441,165