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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 702507

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

TY BRYNGWYN HOSPICE TRUST

Charles & Co Chartered Certified Accountants 3 Murray Street Llanelli Carmarthenshire SA15 1AQ

TY BRYNGWYN HOSPICE TRUST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16

TY BRYNGWYN HOSPICE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principal objective of the Trustees as set out in the declaration of trust is to relieve patients at Llanelli who are suffering from cancer and allied diseases by the provision of amenities, equipment, services and facilities not normally provided by the health authorities.

To further this objective the Trustees have power to assist cancer patients who require medical nursing support in their homes, to assist the family or dependants of cancer patients who are in need as a result of the illness, to promote and support cancer research and to award bursaries to enable nurses and other staff and helpers to undertake specialised training courses.

In order to achieve these objectives the Trustees have power to erect and furnish premises and to co-operate with voluntary organisations and the authorities having statutory responsibility for the provision of health care.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

There have been two principal activities carried out during the year. These were :-

Fund-raising

The trustees through the Committee of volunteers has continued to raise funds

directly and has acted as a focus for the wider fund-raising activities of the local community and for the receipt of individual donations.

Provision of Palliative Care Services

Ty Bryngwyn is now a centre of excellence for palliative care services in Carmarthenshire. It provides in-patient palliative care services and day treatment services. It acts as a base for the Macmillan nurses, the bereavement service and therapies. The Hospice at Home scheme is centred here as is the equipment store for home aids etc.

Day care is provided on two days a week at Ty Bryngwyn and at Ty Cymorth in Carmarthen under the supervision of the Palliative Care Manager. A consultant led out-patient service is provided at Ty Bryngwyn and the consultant also provides out-reach service to Amman Valley Hospital.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

In a Declaration of Trust dated 16th. January 1990 there is provision for a maximum of eight trustees to be appointed by the original trustees or their survivors for the time being. The trustees have to appoint a Chairman, Secretary and Treasurer from among their number annually at their Annual General Meeting. There is no bar to re-electing those officers annually.

The trustees have power to appoint subcommittees comprised either wholly of trustees or partly of trustees and partly of other persons. Such a committee is the Committee of Volunteers. All the trustees are members of this committee together with, on average, forty other volunteers. The Committee has its own chairman and secretary distinct from the chairman and secretary of the trustees. The Treasurer to the committee is the Treasurer to the trustees and the manager for the time being of the bank at which the Trust's accounts are held is Banker to the committee. Other officers of this committee are the Minute Secretary, and Vice Chairman. The committee meets each month, with the exception of August and December, and provides a forum for support and consultation for the trustees in running the Trust. It also provides a lot of hard work in practical fund raising. Any vacancy for a trustee is filled by consensus selection by the existing trustees.

Page 1

TY BRYNGWYN HOSPICE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 702507

Principal address

Ty Bryngwyn Hospice Prince Phillip Hospital Dafen Llanelli Carmarthenshire

Trustees

Mr Philip Lewis Mr Robert Lewis Mrs Susan Thomas Mrs Audrey Jenkins Dr Ray Majer Mr F Adrian David R Craddock Mr Andrew Gwynne Stephens (appointed 1.1.22) Mr Roger Bowen (appointed 1.1.22)

Independent Examiner

R A Williams Charles & Co Chartered Certified Accountants 3 Murray Street Llanelli Carmarthenshire SA15 1AQ

Page 2

TY BRYNGWYN HOSPICE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

TREASURER'S REPORT

The Ty Bryngwyn Hospice Trust contributed £155,250 towards the running costs of the Hospice during 2022, which was made up as follows:-

Therapeutic Day Services £42,750 Medical (Speciality Grade) £52,500 Nursing (x1.4 CNS) £60,000

The Trust will again be called upon to provide essential financial assistance in the year ahead:-

Therapeutic Day Services £14,250 Medical (Speciality Grade) £17,500 Nursing (x1.4 CNS) £20,000

Reserves Policy

The Trustees recognise their obligation to apply the Charity’s income within a reasonable time of receipt and in accordance with the Trust Deed.

During 2022 the Trust received legacies in the sum of £255,447 and together with donations and gift aid received another £85,675. This resulted in a balance of £1,282,372 of which £353,500 has been allocated to Earmarked Reserves in order for the Trust to continue financially supporting the above posts and the Day Care service shortfall over the next two years. The level of reserves is reported to the monthly meetings and will be reviewed when considering any requests of support from the Hywel Dda Health Board.

I would like to thank everyone on the fund-raising committee who has contributed either by donating money or giving of their time selflessly to raise money. In particular, thanks to Mrs. Susan Thomas and Mrs. Audrey Jenkins for your continued and much appreciated help throughout the year. Due to the Covid-19 pandemic I have chosen to continue my role as Hospice Treasurer for the time being.

Roger Bowen

Approved by order of the board of trustees on 19 July 2023 and signed on its behalf by:

Mr Philip Lewis - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TY BRYNGWYN HOSPICE TRUST

Independent examiner's report to the trustees of Ty Bryngwyn Hospice Trust

I report to the charity trustees on my examination of the accounts of Ty Bryngwyn Hospice Trust (the Trust) for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

R A Williams

The Association of Chartered Certified Accountants

Charles & Co Chartered Certified Accountants 3 Murray Street Llanelli Carmarthenshire SA15 1AQ

19 July 2023

Page 4

TY BRYNGWYN HOSPICE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Hospice Funding
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
15
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
328,900
10,468
1,754
341,122
3,231
-
21,070
24,301
316,821
(251,224)
65,597
2,358,326
2,423,923		 Restricted
fund
£
-
-
-
-
-
156,474
-
156,474
(156,474)
251,224
94,750
258,750
353,500		 2022
Total
funds
£
328,900
10,468
1,754
341,122
3,231
156,474
21,070
180,775
160,347
-
160,347
2,617,076
2,777,423		 2021
Total
funds
£
738,432
2,866
68
741,366
1,280
216,330
21,070
238,680
502,686
-
502,686
2,114,390
2,617,076

The notes form part of these financial statements

Page 5

TY BRYNGWYN HOSPICE TRUST

BALANCE SHEET 31 DECEMBER 2022

Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Stocks
12
Cash at bank
13
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
1,495,632
499
928,872
929,371
(1,080)
928,291
2,423,923
2,423,923		 Restricted
fund
£
-
-
353,500
353,500
-
353,500
353,500
353,500		 2022
Total
funds
£
1,495,632
499
1,282,372
1,282,871
(1,080)
1,281,791
2,777,423
2,777,423
2,423,923
353,500
2,777,423		 2021
Total
funds
£
1,516,702
250
1,101,205
1,101,455
(1,081)
1,100,374
2,617,076
2,617,076
2,358,326
258,750
2,617,076

The financial statements were approved by the Board of Trustees and authorised for issue on 19 July 2023 and were signed on its behalf by:

Mr Philip Lewis - Trustee

The notes form part of these financial statements

Page 6

TY BRYNGWYN HOSPICE TRUST

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2022
£
179,413
179,413
1,754
1,754
181,167
1,101,205
1,282,372		 2021
£
524,375
524,375
68
68
524,443
576,762
1,101,205

The notes form part of these financial statements

Page 7

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2022 2021
£ £
Net income for the reporting period (as per the Statement of Financial
Activities) 160,347 502,686
Adjustments for:
Depreciation charges 21,070 21,070
Interest received (1,754) (68)
(Increase)/decrease in stocks (249) 686
(Decrease)/increase in creditors (1) 1
Net cash provided by operations 179,413 524,375

2.

ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank
Total		 At 1.1.22
£
1,101,205
1,101,205
1,101,205		 Cash flow
£
181,167
181,167
181,167		 At 31.12.22
£
1,282,372
1,282,372
1,282,372

The notes form part of these financial statements

Page 8

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing 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 classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - in accordance with the property

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be 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 each fund is included in the notes to the financial statements.

continued...

Page 9

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2. DONATIONS AND LEGACIES

Donations
3.
OTHER TRADING ACTIVITIES
Fundraising events
Profit from trading
Employee contributions
Collection box
Festival of Lights
4.
INVESTMENT INCOME
Deposit account interest
Curr asset inv income
5.
RAISING FUNDS
Raising donations and legacies
Festival lights
Support costs
Other trading activities
Postage & stationery
Bank charges
Web hoasting
Insurances
Miscellaneous Expenses
Aggregate amounts		 2022
£
328,900
2022
£
5,117
227
1,114
818
3,192
10,468
2022
£
1,752
2
1,754
2022
£
181
1,080
1,261
2022
£
298
240
360
490
582
1,970
3,231		 2021
£
738,432		 2021
£
738,432		 2021
£
738,432
2021
£
469
479
1,286
632
-
2,866
2021
£
67
1
68
2021
£
-
-
-
2021
£
640
-
86
490
64
1,280
1,280
1,280
1,280

continued...

Page 10

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

6. CHARITABLE ACTIVITIES COSTS

Hospice Funding
7.
GRANTS PAYABLE
Hospice Funding
Day Care Services (Ty Bryngwyn Hospice Trust Fund)
Doctor's Services
Bereavement Co-Ordinator
Nursing
Garden Project
Total
8.
SUPPORT COSTS
Raising donations and legacies		 Grant
funding of
activities
(see note
7)
£
156,474
2022
2021
£
£
156,474
215,250		 Grant
funding of
activities
(see note
7)
£
156,474
2022
2021
£
£
156,474
215,250
2022 2021
£ £
42,750 42,750
52,500 52,500
- 20,000
60,000 100,000
1,224
----------- ----------
156,474 215,250
----------- ----------
Governance
costs
£
1,080

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

continued...

Page 11

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Hospice Funding
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11.
TANGIBLE FIXED ASSETS
COST
At 1 January 2022 and 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 ACTIVITIES
Unrestricted
fund
£
738,432
2,866
68
741,366
1,280
1,080
21,070
23,430
717,936
(306,628)
411,308
1,947,018
2,358,326		 Restricted
fund
£
-
-
-
-
-
215,250
-
215,250
(215,250)
306,628
91,378
167,372
258,750		 Total
funds
£
738,432
2,866
68
741,366
1,280
216,330
21,070
238,680
502,686
-
502,686
2,114,390
2,617,076
Long
leasehold
£
2,062,196
545,494
21,070
566,564
1,495,632
1,516,702

continued...

Page 12

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

12. STOCKS

Stocks
13.
CASH AT BANK
Restricted Funds
2023
£
Day Care Shortfall
17,500
Doctor's & Nurses Services
14,250
Bereavement Services
20,000
Garden Project
-
Total
Balance that can be allocated against the Health Board's request
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
15.
MOVEMENT IN FUNDS
Net
movement
At 1.1.22
in funds
£
£
Unrestricted funds
General fund
2,358,326
316,821
Restricted funds
Ty Bryngwyn Hospice
258,750
(156,474)
TOTAL FUNDS
2,617,076
160,347
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
341,122
Restricted funds
Ty Bryngwyn Hospice
-
TOTAL FUNDS
341,122		 2022
£
499		 2021
£
250
2024 Total
£ £
17,500 35,000
14,250 28,500
20,000 40,000
250,000 250,000
353,500
928.872
2022
2021
£
£
1,080
1,081
Transfers
between
At
funds
31.12.22
£
£
(251,224)
2,423,923
251,224
353,500
-
2,777,423
Resources
Movement
expended
in funds
£
£
(24,301)
316,821
(156,474)
(156,474)
(180,775)
160,347

continued...

Page 13

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.1.21
in funds
£
£
Unrestricted funds
General fund
1,947,018
717,936
Restricted funds
Ty Bryngwyn Hospice
167,372
(215,250)
TOTAL FUNDS
2,114,390
502,686
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
741,366
Restricted funds
Ty Bryngwyn Hospice
-
TOTAL FUNDS
741,366
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.1.21
in funds
£
£
Unrestricted funds
General fund
1,947,018
1,034,757
Restricted funds
Ty Bryngwyn Hospice
167,372
(371,724)
TOTAL FUNDS
2,114,390
663,033		 Transfers
between
funds
£
(306,628)
306,628
-
Resources
expended
£
(23,430)
(215,250)
(238,680)
Transfers
between
funds
£
(557,852)
557,852
-		 At
31.12.21
£
2,358,326
258,750
2,617,076
Movement
in funds
£
717,936
(215,250)
502,686
At
31.12.22
£
2,423,923
353,500
2,777,423

continued...

Page 14

TY BRYNGWYN HOSPICE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
1,082,488
Restricted funds
Ty Bryngwyn Hospice
-
TOTAL FUNDS
1,082,488		 Resources
Movement
expended
in funds
£
£
(47,731)
1,034,757
(371,724)
(371,724)
(419,455)
663,033

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

Page 15

TY BRYNGWYN HOSPICE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Fundraising events
Profit from trading
Employee contributions
Collection box
Festival of Lights
Investment income
Deposit account interest
Curr asset inv income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Festival lights
Other trading activities
Postage & stationery
Bank charges
Web hoasting
Insurances
Miscellaneous Expenses
Charitable activities
Grants to institutions
Other
Depreciation of tangible fixed assets
Support costs
Governance costs
Accountancy and legal fees
Total resources expended
Net income		 2022
£
328,900
5,117
227
1,114
818
3,192
10,468
1,752
2
1,754
341,122
181
298
240
360
490
582
1,970
156,474
21,070
1,080
180,775
160,347		 2021
£
738,432
469
479
1,286
632
-
2,866
67
1
68
741,366
-
640
-
86
490
64
1,280
215,250
21,070
1,080
238,680
502,686

This page does not form part of the statutory financial statements

Page 16