REGISTERED CHARITY NUMBER: 702507 RT FTHETR TEE AND BER 2023 OR CE Charles & Co Chart¢red Cvrtified Ac¢ountAnts 3 Murray Street Llanelli Cannarthenshi SA15 IAQ
TY BRYNGWYN HOSPICE TRUST NTENTS OF THE FINANCIAL STATE NT OR THE YEAR ENDED 31 DECEMBER2023 Page Report of the Trustees IDdependeDt Examlnerl¥ Report ststement of Fln4nci81 Actlvltles BRIIDce Sheet Notu to the Finan¢lAI Statements 7 to 12 Detailed Statement of Flnaneial Actlvltles 13
TY BRYNGWYN HOSPICE TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report with the financial ststements of the ¢harAty for the year ended 31 Decernber 2023. Th truslces have adoptcd the provlsions of Acwunting and Reporting by Charities: Statement of Rewmmend¢d Practirx applicable to charities preparing their accounts in accordance with the Finanoial Reporting Standard appli¢ablo in the UK and Republic of Ireland (FRS 102) (cff¢dive l January 2019). OwEcrivS AND ACTIVITIES Objectlves and #ims The prin¢ipal objective of the Trustees as set out in th¢ declaration of trust is to relieve patients at Llanelli who are suffering from cancer and allied diseases by the provision of amenities, equipmenl services and facilities not nornially provided by the health authorities. To further thi5 0bJe¢tiv¢ the Thistees have power to assist cancer patients who r4uire medical nursing support in their homes, to assist the family or dependants of cancer patients who are in need a result of the illness. to promote and support wi¢¢r r&search and to award bursaries to enable nurses and other staff and helper5 to undertake specialised training courses. In order to achieve thC objectives the Ththes have power to erect and furnlsh prernises and to cfroperate with voluntary organisations and the authoritie5 having ststutory responsibility for th¢ provision of health ¢ar¢. ACHIEVEMENT AND PERFORMANCE Ch&rltsble aetlvltl There have been two principal aGtivities carried out durins the year. Thesg were :. Fund-raiSlDg The trusttts through the Committee of volunieers has continued to raise funds directly and has acted as a fo¢us for th¢ wider fuDd-Taisin8 aGtivi¢ie5 of the local community and for th¢ receipt of Endlvlduai donations. Pmvision of Palliativ¢ Car¢ S¢ryi¢es Ty Bryn8wyn Is now a centre of exc¢llence for palliative care seNices in Catrnthenshire. It provide5 in-patient palliative Care servic¢s 8nd day treatment s¢rvic¢s. It acts as a base for the MAcmi118n nurses. tho bereavement service and thernpiu. The Hospice at Home schgme 15 cgntred heR as 15 the equipment store for home aids etc. Day ¢ar¢ 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 provlded at Ty Bryngwyn and the consultsnt aIso provides out-reach seThice to Ammam Valley H05pitsJ. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document In o De£laration of Trust dated 16th. January 1990 there is provision for a maximum of eight trustees to bo appolnted by the orlginal trustees or their survivors for the time being. The trustees have to appoint a Chairman, Secretary and Treasurer from among th¢ir nurnber annually at thelr Annual General Meeting. Ther¢ 1$ no bar to re.¢1tin8 those officers annually. The trustees have power to appoint subcommittees comprised either wholly of trustees or partly of trustees and partly of other peon. Su¢h o LY•mmittee is the Committee of Volunteers. All the tNstees are membets of this committe¢ together with, on avtrdg4 foty other volunteers. The Committee has its own chaimian 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 ts Banker to the committee. Other officers of this committee are the Minute Secretary, and Vi¢¢ Chairman. The comrnittee meets each month. with the exception of August and December, and provides a forum for support and consultation for the trustees in running the TrusL It also provides a lot of hard work in practical fund raising. Any vacancy for a tN5tee is filled by consensus selection by the existing trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 702507 Page I
TY BRYNGWYN HOSPICE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Principal address Ty Bryngwyn Hospice Prin¢¢ Phillip Hospitsl Daf¢n Llanelli Cannarthenshire Trustee5 Mr Philip Lewis Mr Robert Lewis Mrs Susan Thom&s Mrs Audr¢y Jenkins Dr Ray Mwer Mr F Adrian David R Craddock Mr Andrew Gwynne Stephens Mr Roger Bowen Independent ExamlDer RA Williams Charles & Co Ch8rtered Certified ALYountants 3 MUaY Street Llanelli Cannarthenshire SA15 IAQ Page 2
TY BRYNGWYN HOSPICE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 TREASURER'S REPORT The Ty Bryngwyn Hospice Trust contributed £228,500 toward5 the running Costs of the Hospi¢¢ during 2023, whi¢h w&£ made up as follow5:. Thernpeutic Day SeD/ices £57,000 M¢diGal (Speciality Grad¢) £70,000 Nursing (xl.4 CNS) £80,000 ReCeptiOAdmInistration £21,500 Th¢ Trust will again be called upon to provide essential financial assi5tanc¢ in the year ahead:. Therapeutic Day Servlces £14,250 Medical (Speciality Grade) £17,500 Nursing (xl.4 CNS) £20,000 Garden Project £300,000 Reserves Policy The Tnte¢S recOlSe their obligation to apply the Charfty's Incorn¢ within 8 re&8onable time of receipt and in A¢cordoneo with the Ttust Deed. Ddring 2023 the rcGeived legaci&s in the sum of £148 J68 and together with donations, gift aid & interesl re¢eived llnothet£66,753. This resultcd in a balance of £1,260,079 of which £373,250 hLS been allocated to Eamiarked Reserve5 in order for the TTUSt to continue financially supporting the above posts and the Day Care service shortfa]l over the next two years. The level of reserves is reported to the monthly meetings and will be reviewed when consldering any requests of support from the Hywel Dda Health Boord. I would like to thonk everyone on the fund-raising commlttee who hls contributed either by donating money or giving of their time selfles51y to rnise money. In particular, thanks to Mrs. Susan Thomas and Mrs. Audrey Jenkins for your continued and much appreclated help throughout th¢ y¢ar, Roger Bowen Approved by order of the board of trustee8 on 23 May 2024 and signed on its behalf by: Mr Philip Lewis- Th15tee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TY BRYNGWYN HOSPICE TRusr 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 2023. Respon5ibi11Oes 2nd basi5 of report As the ¢harity trustees of the Trust you arn r¢spon5ible for th¢ preparntion of the accounts In Accord8nc4 with the requirements of the ChorAtie5 Act 2011 (Ihe Act,). I report in respect of my examination of the Trust's account5 ¢8rried out under Section 145 of the A¢t and in carryin8 Qut my exwnination I have followed all applicable Dlrections given by the Charity Commission under StIon 145{5)(b) of the Act. Independent examIn¢$ statement I have completed my examination. I confirni that no mat¢rial matter5 h4ve come to my attention in connection with the ¢xamlnation givin8 m¢ cause to bellw¢ that in any mat¢rial respect: acKountin8 records were not kept in respert of the Trust as r¢quired by Section 130 of the ACL. or the accounts do not accord wlth those records. or the coUnts do not comply with the applicable requir¢ments conrxrning the forni and cont¢nt of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that th¢ accounts give a true and fair view whi¢h is not a matter considered a5 part of an independent examlnation. I have no concern5 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. RA Willl8ms The Asso¢iatlon of Ch4rt£red C¢rtlfi¢d A¢wuntants Charles & Co Chartlred Certified Ac¢ount8nts 3 Mujray Street Llanelli Corniarthen5hire SA15 IAQ 23 May 2024 Page 4
TY BRYNGWYN HOSPICE TRugr STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Totsl funds 2022 Total fLmds Unrestricted fund Restricted fimd Notes INCOME AND ENDOWMENTS FROM Lk)nation$ and legaci&s 173.155 173,155 328,900 Oth¢rtrading activities Invesknent income 26,069 14,308 26,069 14,308 10,468 1,754 Total 213,532 213,532 341,122 EXPENDlIR ON Raisin8 funds 7,326 7.326 3.231 Charltable activities Hospice Funding 228,500 228,500 156,474 Other 21.070 21,070 21.070 TotAI 28,396 228,500 256,896 180.775 IYET INCOMEI(EXPENDITURE) Transfers between funds 185,136 (248,250) (228,500) 248,250 (43.364) 160,347 12 Net movemeDt In funds (63.114) 19.750 (43,364) 160.347 RECONCILIATION QF FUNDS Total funds brought forward 2,423,923 353.500 1777.423 2.617,076 TOTAL FUNDS CARRIED FORWARD 2,360,809 373,250 1734,059 2,777,423 The notes fonn part of these financial ststements Page S
TY BRYNGWYN HOSPICE TRUST BALANCE SHEET 31 DECEMBER 2023 2023 ToLql funds 2022 Total filnds Unrestricted fund R¢stricted fund Notes FIXED ASSETS Tangible assets 1,474,561 1,474,561 1,495.632 CURRENT ASSETS Stock5 Cash at bank 499 886,829 499 1,260.079 499 1.282,372 io 373,250 887,328 373,250 1,260,578 1,282,871 CREDITORS Amounts falling du¢ within one year (1,080) (1,080) (1,080) NET CURRENf ASSETS 886,248 373,250 1,259,498 1,281,791 TOTAL ASSETS LESS CURRE LIABILITIES 2,360,809 373,250 2,734,059 2,777,423 NET ASSETS 2,360.809 373,250 2,734,059 2,777,423 FUNDS Unrestricted fimds Restrict¢d fvnds 12 2.360.809 373,250 2,423.923 353,500 TOTAL FUNDS 2.734,059 2.777.423 The finan¢1 staternents were approved by the Boord of Tru5tee5 and authorised for issue on 23 May 2024 and were signed on its behalf by: Mr Philip Lewi5 - Trustee The notes forrn part of these financial ststements Page 6
TY BRYNGWYN HOSPICE TRUST NOTES TO THE FJNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Basis of preparlng the fancial ststements Th¢ finan¢lal statements of the charity, whi¢h is a publiG benefit entity under FRS 102, have bem prepared in aKordanc¢ with th¢ Charities SORP (FRS 102) 'Accounting and Reporting by Charitios; Statelnept of R¢wmm¢nded Pra¢ti¢¢ appIlble to charitics pr¢paring their accounts in accordance with the Finanoial Reporting Standard applicable in th¢ UK and Republic of treland (FRS 102) (offective l January 2019),, Financial Rewrting Standard 102 'The Financial Reporting Standwd applicable in th¢ UK and Republi¢ of Ireland, and the Charities Act 2011. The fin8noi815tstement$ have been prePd under the historioal ¢05t 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 receiv¢d and the amount can b¢ rneasured rellably. Expendltsre Liabilities are recognised as expenditure as soon as there is a le8 or ¢onstru¢tive obli8ation committing the harity to th* expenditure, it is probable that a transfer of economic benefits will be required in settlement and th¢ amount oethe obligation can be measured reliably. Exp#nditure is accounted for on an accruals basis and has been el&gslfied under headings that llggregate all cost related to the category. Where costs cannot be directly attributed to pHrticulor headings they have been allocated to a1VitIeS on H basis ¢on5iSteht with the use of Gr&nts offtred subject to conditions whlch have not been met at tho ytsr end date are noted Ès a commitment but not eccrned as expenditure. Tangible fixed H55ets Depreclation is provided 8t the following annual rates in order to write off ¢ach asset over its estimated useful Ilfe. Lon8 lowhold in acwrdan¢¢ with the prop¢rty Stocks Sto¢ks ar¢ valued at the lower of c05t and ngt realisabl¢ value. afi¢r rnaking due allowance ftjr obsolets and slow movlng Items. Taxation The charity is exempt from tsx on its charitsble activities. Fund #ceountlng Unrestricted funds can be used in accordance with the ch8ritable obje¢tives at the dis¢r¢tlon ofthe trustees. Restricted funds can only be used for particular restricted purposes within the objects of th¢ charity. Restrictions arise when sp¢¢ified by the donor or when fLmd5 are rais¢d for partlcular restrlcted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the finan¢ial stat¢rnents. Page 7 continued...
TY BRYNGWYN HOSPICE TRU( NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 DECEMBER 2023 OTHER TRADING AcfiviTIES 2023 2022 Fundraising events Pmfit from trading Employ¢¢ Contributions Colloction box Festival of Lights 18,467 2,096 I,Q46 677 3,783 5,117 227 1,114 818 3,192 26.069 10,468 INVESTME INCOME 2023 2022 Deposlt account interest Curr asset inv income 14,306 1,752 14J08 1,754 RAISING FUNDS RAtskng donatlotss and leg4cl¢S 2023 2022 Festival lights Support CQsts 181 1,080 1.080 1.080 1,261 GRANTS PAYABLE 2023 2022 H05pirx Funding 228,500 156,474 2023 2022 Day Care Services (Ty Bryngwyn Hosplce Trust Fund) Doctovs Servlces ReceptionlAdministration Nursing Gyrden Project 57.000 70.000 21,500 80,000 42,750 52,500 60,000 1,224 Total 228,500 156,474 Page 8 continued...
TY BRYNGWYN HOSPICE TRusr NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES, REMUNERATION AND BENEFITS Th¢r¢ w¢r¢ no truste¢s' remun¢rntion or oih¢r ben¢fits for th¢ year end¢d 31 D¢¢emb¢r 2023 nor for th¢ year endod 31 D¢o¢mber 2022. Trusttts, expense5 There wgre no trustees, w)ens¢s paid for th¢ year ended 31 December 2023 nor for th¢ year ended 31 December 2022. COMPARATIVES FOR THE STATEME OF FJF4ANCIAL ACTIVITIES Unrestricted fid Restricted fund Total funds INCOME AND EI¥4DOWMENTS FROM Donations and legacl&s 328,900 328,900 Other trading activities Investment Ineorne 10,468 1,754 10,468 1,754 Total 341,122 341,122 EXPENDITURE ON Raising fLmds 3,231 3.231 Charitable actfivRtles Hosplce Funding 156,474 156,474 C)ther 21.070 21,070 Total 24,301 156,474 180,775 NET INCOMEI(EXPENDITURE) Transfers between funds 316,821 (251224) (156,474) 251,224 160,347 Net movement in funds 65,597 94,750 160,347 RECONCILIATION OF FUNDS Totsl fjjnds brought forward 2.358,326 258,750 2,617,076 TOTAL FUNDS CARRIED FORWARD 2,423,923 353,500 2,777,423 Page 9 continued..
TY BRYNGWYN HOSPICE TRusr NOTES TO THE FINANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31 DECEMBER 2023 TANGIBLE FIXED ASSETS Long leasehold COST At l Janu8ry 2023 and 31 December 2023 2,062.196 DEPRECIATION At l January 2023 Charge for year 566,564 21,071 At 31 December 2023 587,635 NET BOOK VALUE At 31 December 2023 1,474,561 At 31 December 2022 1,495,632 STOCKS 2023 2022 Stocks 499 499 Jo. CASH AT BANK Restricted Funds 2023 2024 Total Day Care Shortfall Doctofs & Nurses S¢rvi¢es Bereavement Services Gardcn ProjcGt 17,500 14,250 20,000 17,500 14.250 20,000 250,000 35,OQO 28,500 40,000 250,000 Total 353,500 Balance that can be allocated against the Health Board's request 928.872 11. cREDORS. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade ¢r¢dltors 1,080 1,080 12. MOVEMEIYT JIY FUNDS Net movement in funds Transfers between funds At 31.12.23 At 1.123 UDre5trict¢d funds General fjjnd 2,423,923 185,136 (248.250) 2,360,809 Restricted funds Ty Bryngwyn H05pice 353,500 (228,500) 248,250 373,250 TOTAL FUNDS 2,777,423 (43,364) 2,734,059 Page 10 continued...
TY BRYNGWYN HOSPICE TRusr NOTES TO THE FINANCIAL STATEMENTS- CODtinued FOR THE YEAR ENDED 31 DECEMBER 2023 12. MOVEMEwf IN FUNDS- rontinued N¢t mgv¢m¢nt in fimds, includ¢d in the above a5 follows: InrnIng resour(xs Resourcas exp¢nded Movernent in funds Unrestrl¢ted funds GeneraI fund 213.532 (28.396) 185.136 Restrict fund$ Ty Bryngwyn Hosplce (228,500) (228,500) TOTAL FiDs 213,532 (256,896) (43,364) Comparatives for movement In funds Net movement in funds Transfers between funds At 31.12.22 At 1.1.22 Unro%trlcted funds General fund 2,358,326 316,821 (251,224) 2.423,923 Restricted fund8 Ty Bryngwyn Hospice 258.750 {156,474) 251,224 353,500 TOTAL FUNDS 2,617,076 160.347 2,777.423 Comparative net mov¢ment in funds, Included In the above are as follows: Incomin8 resou Re50urce5 expended Movement in funds Unrestricted funds General fund 341,122 (24,301) 316,821 Restrlcted funds Ty Bryngwyn HospiL% (156,474) (156,474) TOTAL FUNDS 341,122 (180,775) 160,347 Pagell Continued...
TY BRYNGWYN HOSPICE TRU NOTES TO THE FINANCIAL STATEMENTS- continued FO THE YEAR ENDED 31 DECEMBER2023 12, MOVEMENf IN FUNDS- continued A curr¢nt y¢ar 12 months and prior y¢ar 12 months combined position is follows: Tran5fors betWn funds movement in funds At 31.12.23 At 1.1.22 Unrutrlcted funds Generdl fund 2,358,326 501,957 (499,474) 2,360,809 Restrlcted fund$ Ty Bryngwyn H05pirx 258,750 (384,974) 499,474 373,250 TOTAL FUNDS 2,617,076 116,983 2,734.059 A CUTrent year 12 months 8nd prior year 12 month5 ¢ornbined net movement in nds, included in the above are as follows: Incoming r¥yources Resources expended Movement in funds Unroqtrlcted fundy General fund 554,654 (52,697) 501,957 Restrfjcted fuDds Ty Bryngwyn H05Pi¢¢ (384,974) (384,974) TOTAL FUNDS 554.654 (437,671) 116,983 13. RELATED PARTY DISCLOSURES There were no fflated paty transactions for the year ¢nd¢d 31 December 2023. Page 12
TY BRYNGWYN HOSPICE TRUSf DETAILED STATEMENf OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND EIYDOWMENTS DoDatioDS Ind Donations 173,155 328.900 Other tradlng acdkldes Fundrnising events Pn)fit from trading Employee contributions Collection box Fgsttval of Lights 18,467 2,096 1.046 677 3,783 5,117 227 1.114 818 3,192 26,069 10,468 Investment Income D¢poslt account inter¢st Curr &qset inv inrne 14,306 1,752 14,308 1,754 Totsl incomlng resources 213,532 341,122 EXPENDfruRE R8lslng dononS and legAcles F¢5tival lights 181 Other trading llctlvldes Raffle prizes Postsge & stationery Bank ¢har8es Web hoastin8 In5uran¢¢s Mls¢¢llaneous Expenses 2,940 1.384 298 240 360 490 582 540 504 878 6,246 1,970 Charftsble 2etlvltie5 Grants to institutions 228,500 156,474 Otber Depreciation of tangible fixed setS 21,070 21,070 Support ¢osts Governanc4 costs A¢L%Juntancy and legal fees 1,080 1,080 Total resources expended 256,896 180,775 Net (expenditure)fincome {43,364) 160.347 This page does not fonn part of the statutory financial statements Pa8¢ 13