Chartty rezistratlon number 702654 Company registration number 02397402 (Eniland and Wales) HALTON HAVEN HOSPICE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
HALTON HAVEN HOSPICE LEGAL AND ADMINISTRATIVE INFORMATION Trustees WJ C Parlane E Gijy J McGowan C Culleton IAppointed 7 January 20241 IAppointed 30 July 20241 IAppointed 29 November 20231 IAppointed 10 January 20241 IAppointed 29 November 20231 (Appointed 29 November 20231 B J Davenport-Lawton A Felton MGUY DJ Hankin JCHunt Charlty number 702654 Company number 02397402 Registered office Barnfield Avenue Murdishaw Runcorn Cheshire WA7 6EP Audltor Mitchell Charlesworth IAuditl Limited Glebe Business Park Lunts Heath Road Widnes Cheshire WA8 55Q Bankers Lloyds 8an k plc Fountain Square Hanley Stoke On Trent Staffordshire STI ILE
HALTON HAVEN HOSPICE CONTENTS Page Trustees, report Independent auditor's report Statement of financial activities io Balance sheet li Statement of cash flows 12 Notes to the f inancial statements 13-28
HALTON HAVEN HOSPICE TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) FOR THE YEAR EhlDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note I to the .financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting bv Charities.. Statement of Recommended Practice applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. Objertives and activities The objective of the charity is to provide palliative care for patients who are suffering from life limiting illnesses including cancer, heart failure, respiratory and neurological disorders. Strategiesfor ochieving aims and objectives The philosophy of care employed to achieve the charity's objectlve is centred on the needs of the Indlvidual and incorporates physical, psychological, spiritual, emotional, and social needs. Patients and their families are consulted on all aspects of their care. The service is offered to individuals free of charge, regardless of coloLtr, creed, or social standing. There have been no changes to the objectives of the charity, however, policies are regularly reviewed, at least annually and updated and new policies introduced as and when appropriate. Public benefit The trustees have have considered the Charity Commission's guidance on public benefit and, in particular, the guidance on the relief of those in need by reason of ill-health. The trustees believe this charity provides a public benefit because the objective of the charity is to provide palliative care for patients who are suffering from life limiting illnesses including cancer, heart failure, respiratory and neurological di50rders. Achlevements •nd rfOrManCe SignifAcant L7Ctivitie5 and achievement5 L7goinst objectives The number of IPU adrnissions was 95 The number of Day Hospice attendances was 569 The number of Complementary Therapy attendances was 664 The number of people receiving care under the Family Support Service was 148 The Day Hospice provides support to people in the community with palliative care needs. It normally operates three days a week and offers access to complementary therapies on an appointment basis. Breathlessness clinics are held in the Day Hospice one day a week. The hospice introduced a pilot Palliative Rehabilitation programme for patients with palliative dysfunctional respiratory disease. There has been positive feedback about this programme with patients reporting that they have learned to control their breathing and to live with and self-manage their breathlessness. The hospice introduced a Health Support Worker IHSWI programme to upskill its Health Care Assistants IHCA'sl. This was taken up by 11 HCA'S who wished to develop their career and play an enhanced role at the hospice. They completed 25 CPD online courses which were considered to be both challenging and rewarding. All 11 members of staff completed the course and received accreditation for each element. The HSW'S support clinical care at the hospice and we believe that this programme has provided added assurance with respect to patient safetv. The trustees would like to thank the staff at the hospice who are committed to ensuring that patient care is of the highest quality. This level of care supported by the ICK)% satisfaction response to OL¢r Patient and Family surveys and is reflected in the comments made by many patients and their families.
HALTON HAVEN HOSPICE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The trustees would also like to express their gratitude to the numerous volunteers for their time and enthusiasm without which we could not offer the special kind of caring that our patients and families require. We are very grateful for the generous support that the Hospice receives from Cheshire and Merseyside ICB, the local community and local businesses. The support is vitsl and much more appreciated given the increased cost of living expenses that impact households and the Hospice alike. Flnancial review The surplus for the charity for the year amounted to £860,24712023 deficit £380,639). The principal sources of funding are detailed within the notes to the accounts. Totsl income has increased to £2,761,072 due to a significant and much appreciated legacy of £615.000. Statutory funding was administered by Cheshire and Merseyside ICB. Total expenditure has increased. however the Trustees acknowledge that the age and condition of the building5 will remain an ongoing concern and these costs are likely to increase. Details of the charity's unrestrirted serveS are shown in the notes to the financial staternents and arnount to £2,050,429. Most of this balance is represented by the value of the land and buildings and cash and bank balances. The charity's reserve policy is to build up an unrestricted reserve sufficient to enable the charity's activities to be continued for a period of three months should regular funding become unobtainable. The otBanisation continues to seek new funding sources to continue its work. Reserves policy Remuneratlon Of key manazement personnel It is the policy of Halton Haven Hospice to pay the staff workforce in accordance with ststutory requirements and in line with similar organisations. Major nsks The trustees actively reMew the major strategic, business and operational risks that the charity faces on a regular basis and acknowledge that the key risks relate to the ur*certainty of donations, fundraising and grant5. These are monitored closely to mitigate the impact these may have.
HALTON HAVEN HOSPICE TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future periods The three key priorities for improvement in 2024125 are as follows= Prlorlty I: Scoplng the Introdurtlon of an Elertronlc Prescribing and Mediution Administration {ePMAI Thi5 priority came about through the desire to further support our staff in the administration of medicines to patients at the Hospice. This year the Director of Care and Operational Services will be looking into what is available in respect of ePMA systems to determine the best options for use at the Hospice and to present the case to the Board for approval and implementation at Halton Haven. Electronic Prescribing and Medication Administration is purported to improve patient safety through a number of benefits including reducing medication errors, improving the timeliness of medication administration and supporting clinical and medical staff in their dato-day practice and care of patients. Prlorlty 2- Introdurtlon of an Elertronic Pient Record System This coming year we will be looking to embed into use EMIS WEB, a web based clinical system. This will involve the training of Hospice staff to use the system, which will reduce the amount of paper-based patient documentation at the Hospice, facilitate increased clinical effectiveness and enhance patient care and safety. It will also facilitate the efficient sharing of patient information between all services involved in our patient's care. Prlorlty 3 - Provlslon of Acupunrture as a Symptom M4nogement Modality The Hospice aims to introduce acupuncture treatments to patients at the Hospice as an adjunct to current treatment regimes for symptr)m management and pain relief. Structurey governance and management The company is governed by its Memorandum and Articles of Association. The company is limited by guarantee, whereby every member of the company undertakes to contribute to the assets of the company in the event of winding up, an amount not exceeding five pounds. Trustees The trustees, who are also the directors for the purpose of company law, and who served during the year were.. WJ CParlane C M McKenzie (Resigned 27 October 20231 (Resigned 27 March 20241 (Resigned 12 January 20241 C P Hallam RA Bamber EGUY J McGowan C Culleton (Appointed 7 Jan uary 20241 (Appointed 30 July 20241 (Appointed 29 November 20231 (Appointed 10 January 20241 (Appointed 29 November 20231 (Appointed 29 November 20231 IAppointed 29 November 2023 and resigned 5 June 20241 IAppointed 29 November 2023 and resigned l May 20241 BJ Davenport-Lawton A Felton MGUY D J Hankin JCHunt A Hughes J Fagan
HALTON HAVEN HOSPICE TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Recruitment and appointment of trustees Appolntment of Trustees The trustees who have served during the year are set out above. The trustees are appointed by the members of the company and one third of the trustees retire by rotation each year and may offer themselves for re-election in accordance with the Articles of Association. Orgunisotionol structure Organisatlon The Board of Director5 meet bi-monthly and administer the charity. A5 trustees they have overall responsibility for the operational activities and for strategic leadership and direction of the charity. During the year the day to day operations are overseen by the Chief Executive Officer/Registered Manager, Medical Director, Director of Care and Operational Services and Finance Director, who together make up the Executive Team. Statement of trustees, responslbllities The trustees. who are also the directors of Halton Haven Hospice for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and Un ited Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP- make judgements and estirnates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial Statements: and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor In accordance with the company's articles, a resolution proposing that Mitchell Charlesworth (Audit) Limited be reappointed as auditor of the company will be put forward at a General Meeting.
HALTON HAVEN HOSPICE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Disclosure of Informatlon to aUdOr Each of the trustees has confirmed that there Is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have f urther conf irmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The trustees, report was approved by the Board of Trustees. EGu¥ Trustee 27 November 2024
HALTON HAVEN HOSPICE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HALTON HAVEN HOSPICE Oplnlon We have audited the financial statements of Halton Haven Hospice (the 'charity'l for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard opplicable in the UK and Republic of Irelond Iunited Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the charitsble company's affairs as at 31 March 2024 and of its incoming resource5 and application of resources, including its income and expenditure, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 26. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI 11SAs IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor s responsibilities fvr the Gudit of the financiL71 statements section of our report. We are independent of the charity in accordance with the ethical requirements that are reevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events Dr conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial ststements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misststement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnlons on other matters pres¢rlbed by the Companles Art 2006 In our opinion, based on the work undertaken in the course of our audit.. the information given in the trustee5' report for the financial year for which the financial statements are prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the financial statements- and the directors, report included within the trustees, report has been prepared in accordance with applicable legal requirernents.
HALTON HAVEN HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF HALTON HAVEN HOSPICE Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misststements in the directors, report included within the trustees, report. We have nothing to report In respect of the following matters in relation to which the Companies Act 2006 requires US to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting record5 and returns,. or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit,- or the trustees were not entitled to prepare the financial statements in accordance with the small companies reglme and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. ResponslbSlltSes of trustees As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basi5 of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. AudFtor's responsibllltles for the audit of the financlal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstaternents can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, Including fraud, are instances of non-compliance with laws and regulations. We desigt) procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
HALTON HAVEN HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF HALTON HAVEN HOSPICE Extent to which the audlt was consld•red capable of detertSnE irregularities. Includlnz fraud We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtsining audit evidence that Is sufficient and appropriate to provide a basis for our opinion. Identifying and 4ssesslnz potentlal Sk5 related to Irrezularltlès In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following.. the nature of the industry and sector, control environment and business performance,. the charity's own assessment of the risks that Irregularities may occur either as a result of fraud or error-, the results of our enquiries of management and members of the Board of Trustees of their own identification and assessment of the risks of irregularities,- any matters we identified having obtained and reviewed the charity's documentation of their policies and procedures relating to.. identifying, evaluating and complying with laws and regulations and whether they were aware of any instsnces of non-compliance. detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and the intemal controls established to mitigate risks of fraud or non-compllance with laws and regulations,. and the matters dlscussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas= lil The presentation of the charity's Statement of Financial Activities, lill revenue recognition, liiil the overststement of salary and other costs and livl the understatement and cut off in relation to liabilities and costs. In common with all audits under ISAS IUKI, we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on prowsions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and the statement of Recommended Practice - 'Accounting and Reporting by Charities, issued by the joint SORP making body. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamentsl to the charity's ability to operate or to avoid a material penalty. These included the registration with the Care Quality Commission, Safeguarding and Data Protection Regulations.
HALTON HAVEN HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF HALTON HAVEN HOSPICE Audit response to risks identlfled As a result of performing the above, we identified the presentation of the charity's Statement of Financial Artivities, revenue recognition, overstatement of wages and other costs, and understatement and cut off of other costs as the key audit matters related to the potential risk of fraud. In addition to the above, our procedures to respond to risks identified included the following= reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations described above as having a direct effect on the financial statements,. • enquiring of management and members of the Board of Trustees concerning actual and potential litigation and claims.. performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud,. reading minutes of meetings of those charged with governance and reviewing correspondence with relevant authorities where matters identified were significant,. in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments,. assessing whether the judgements made in making accounting estimates are indicative of a potential bias,- and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. We also communicated relevant identified laws and regulations and potential fravd risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https=// www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable Company's members as a body, for our audit work, for this report, or for the opinions we have formed. Phlllp Grlffiths (Senior Statutory Audltorl for and on behalf of Mltchell Charlesworth (Audit) Limited 27 November 2024 Accountants Statutory Auditor Glebe Business Park Lunts Heath Road Widnes Cheshire WA8 5SQ
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds 2024 Restrlcted funds Total Unrestrlrted f unds Restrlcted funds 2023 Total 2024 2024 2023 2023 Notes In¢ome and 8ndowmentsfrom'. Donations and legacies Charitable activities other trading artivities Investments other income 784,384 1,565,228 370,645 6,637 12,578 21,600 805,984 1,565,228 370,645 6,637 12,578 246.017 1,489,584 363,322 1,887 977 246,017 1,489,584 363,322 1,887 977 Total Incom 2,739,472 21,600 2,761,072 2,101,787 2,101,787 Expenditure on.. Raising funds Charitsble activities 161,136 2,381,363 161,136 2,412,167 170,553 2,123,836 170,553 2,145,540 30,804 21,704 Totsl expendlture 2,542.499 30,804 2,573,303 2,294,389 21,704 2,316,093 Net gainslllossesl on investments 14 1166,3331 1166,3331 Net incomellexpenditur•l 196,973 19.2041 187,769 1358,9351 121,7041 1380,6391 Other recognbsed gains and losses: Revaluation of tsngible fixed assets 672,478 672,478 Net movement In funds li 869,451 19,2041 860,247 1358,9351 121,7041 1380,6391 Reconciliation of lunds: Fund balances at l April 2023 1,180,978 25,718 1,206,696 1,539,913 47,422 1,587,335 Fund balances at 31 March 2024 2,050,429 16,514 2,066,943 1,180,978 25,718 1.206,696 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The staternent of financial activities also complies with the requirements for an income and expenditure account under the Companie5 Act 2006. 10
HALTON HAVEN HOSPICE BALANCE SHEET ASAf31 MARCH 2024 2024 2023 Notes Fixed as5etS Tangible asset5 16 1.311,735 645,272 Current assets Stock5 Debtors Cash at bank and in hand 17 18 2,558 121,302 1,015,110 11,076 79,034 827,362 1,138,970 1368,6301 917,472 1329,6CMJI Crndltors: amourrts falllng due wkhln one year 20 Net current assets 770,340 587,872 Total ass•ts fess current liabilitie5 2,082,075 1,233,144 Creditor5: amounts falllng duè aftèr mor• than one year 22 115,1321 126,4481 Net assets 2,066,943 1,206,690 The funds of the charity Restricted income fund5 Unrestricted funds 24 16,514 2,050,429 25,718 1.18D,978 2.066.943 1,206.696 The financial statements were approved by the trustees on 27 November 2024 EGUY Chalr of the Board ot Trustees Company registration number 02397402 IEngland and Wales) 11
HALTON HAVEN HOSPICE STATEMENTOF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Not•5 Cash flows from owrdtlnz activities Cash generated from operations 30 248,408 408,029 Investing activities Purchase of tangible f1xed assets Investment income received 158,1891 6,637 174,3001 1.887 Net cash used in investing activitles 151,5521 172,4131 Financing artivities Repayment of bank loans 19,1081 19,5101 Net cash used In financing activities 19,1081 19,5101 Net Increase In cash and cash equivalents 187,748 326,106 Cash and cash equivalents at beginning of year 827,362 501,256 Cash and cash equlvalents at end of year 1,015,110 827,362 12-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity information Halton Haven Hospice is a private cornpany limited by guarantee incorporated in England and Wales. The giStered office is Barnfield Avenue, Murdishaw, Runcorn, Cheshire, WA7 6EP. 1.1 Accounting conventlon The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2LX)6, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP "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 IFRS 1021" leffective l January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the f unctional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golni Concern At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. The charity derives part of its income from the funding it receives from the NH5 Halton CCG for the provision of palliative care. The CCG reviews annually the number of beds that they are prepared to fund. Any shorttall needs to be funded from the Hospice's other resources. These include grants, donations and fundraising and cannot be forecast accurately. The trustees continue to pursue options for building the reserves of the Hospice and of increasing the income from fundraising. The accounts have been prepared on a going concern basis on the assumption that the existing financial resources will continue to support the charity. The accounts do not include any adjustments that would result from a failure to receive this continuing support or to achieve the forecast income levels. 1.3 Charitable funds U nrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to spècific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. L4 Incorne Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donation5 received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 13
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢untIn& pollcles (Continued) Grants receivable are accounted for on an accruals basis. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support Costs which are not attributable to a single activity are apportioned between those activities Dn a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. General liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to expenditure. Costs are allocated beeen raising funds, direct charitable and other expenditure according to the nature of the costs. Where items involve more than one category, they are apportioned as appropriate. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost ar*d subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings Fixtures and fittings Motor vehicles 4% Straight line 15% & 33.3% Straight line 25% Straight line The gain or loss arising on the disP05al of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalmiènt of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amou nt of the asset is estimated in order to determine the extent of the impairment loss lif anvl. 1.8 Stocks stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 14-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.9 Cash and cash èquivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability sirnultaneously. Bosicfinanciol assets Basic financial assets, which include debtors and cash and bank balances, are initially rneasud at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basicfinan¢l¢yl Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortlsed. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, thev are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition offinonci¢yl liabllitles Financial liabilitie5 are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.11 Employee benefr(s The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.12 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 15
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal a¢countlng estlmates and judgements In the application of the charity's accounting policies, the trustee5 are required to make judgements, estimates and assumptions about the carrying amou nt of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and le8acies Unrestricted funds 2024 Restrlrted funds Total Unrestricted Restricted lunds Totsl tunds 2023 2024 2024 2023 2023 Donations and gifts Legacies receivable Grants receivable 146,044 631,000 7,340 146,044 631,LYJO 28,940 158,408 88,068 14591 158,408 88,068 14591 21,600 784,384 21,600 805.984 246,017 246,017 Income from charitable artlvltles Unrestrirted lunds 2024 Unrestricted funds 2023 Charitable activities Fees Reclaims and reimbursements 1,570,355 15,1271 1.474,088 15,496 1,565,228 1,489,584 16-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from other trading artivities Unrestrlrted funds Unrestrlcted funds 2024 2023 Shop income staff and visitor rneals 24,265 3,584 161,895 83,391 27,340 70,170 25,366 2,691 141,867 82,792 33,079 77,527 Fundraising events Sponsorship and social lotteries Appeals income Other fundraising income other trading activities 370,645 363,322 Income from Investments Unrestrirted Unrestricted funds funds 2024 2023 Interest receivable 6,637 1,887 Other Income Unrestrlcted funds Unrestrleted funds 2023 2024 other income 12,578 977 17
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on ralsln¢ funds Unrestrlrted Unrestrirted funds 2024 funds 2023 Fundraising and publicity Seeking donations, grants and legacies Staging fundraising events Appeals expenditure Other fundraising costs staff costs 7.686 34,809 13,547 43,341 2,642 9,364 86,623 16,975 85,929 145,399 155,517 Shop Costs Rent and utilities other shop costs Staff costs 2,263 1,319 12,155 261 4,128 10,647 15,737 15,036 Totsl costs 161,136 170,553 18-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expènditure on charitable activities Charitable artivltles Charitable activities 2024 2023 Dlrert Costs staff costs Other leases Rates and water 1,500,049 30,151 1,893 40,739 40,532 35,268 4,681 58,581 99,457 63,574 2,608 1,403,145 10,012 10,260 45,951 32,183 35,208 2,173 45,438 46,678 63,875 6,170 Light and heat Repairs and maintenance Insurance Motor and travelling other direct costs Canteen and cleaning Agency and medical cover Telephone 1,877,533 1,701,093 Share of support and iovernance Costs (see note 101 Support Governance 509,844 24,790 422,759 21,688 2,412,167 2,145,540 Analysis by fund Unrestricted funds Restricted funds 2,381,363 30,804 2,123,836 21,704 2,412,167 2,145,540 19-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 io Support Costs allocatsd to activities 2024 2023 Basls of allocatlon All attributable to the one activity staff costs 301,759 64,204 1,515 63,208 42,019 15,189 7,652 7] 248,918 52,842 ioi 72,606 26,533 9,024 6,899 1,523 4,313 21,688 Depreciation Advertising Information technologv Legal and professional Other office costs Bank charges Interest payable Other support costs Governance costs 13,508 24,79) 534,634 444,447 Analysed between: Charitsble activities 534,634 444,447 2024 2023 Governance wsts comprlso: Audit fees 13,750 11,040 12,528 9,160 Accountancy 24,7 21,688 li Net rnovernent in funds 2024 2023 The net movement in funds is stated after charging/lcreditingl.' Fee5 payable for the audit of the charity's financial statements Depreciation of owned tangible fixed assets 13,750 64,204 12,528 52,842 12 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year12023- £Nill- The total amount of employee benefits received by key management personnel is £177,55712023 - £140,409). The charity considers its key management personnel to comprise of the Chief Executive Officer, the Director of Finance and the Director of Care and Operations. -20-
HALTON HAVEN HOSPICE NufES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Employees The average monthly number employees during the year, calculated on the basis of full time equivalents, was as follows.. 2024 2023 Numb•r Number Nursing & support Fundraising Management and ad ministration 42 40 17 12 Total 63 57 Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 1,673,023 156,651 70,218 1,538,395 144,844 66,094 1,899,892 1,749,333 The number of employees whose annual remtjneration was more than £60,000 is as fgllows- 2024 2023 Number Number £70,001- £80,000 £,001- £ioo,000 £110,001- £120,OLN) 14 Galns and losses on Investments Unrestricted funds 2024 Unrestrlrted funds 2023 Gains/l1055es1 arising on.. Sale of investments 1166,3331 15 Trxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. 21
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Taniible flxed •ssets Freehold land and buildings Flxtures and Motor Vehlcles fitting5 Totsl Cost or valuatlon At l April 2023 Additions Disposals Revaluation 969,117 17,388 341,244 40,801 13,3231 51,555 1,361,916 58,189 116,0081 213,495 112,6851 213,495 At 31 March 2024 I,200,0 378,722 38,870 1,617,592 Depreciation and impairment At l April 2023 Depreciation charged in the year Eliminated in respect of disposals Revaluation 419.349 39,634 245,740 24,570 13,3231 51,555 716,644 64,204 116,0081 1458,9831 112,6851 1458,9831 At 31 March 2024 266,987 38.870 305,857 Carrying amount At 31 March 2024 1,200,000 111,735 1,311,735 At 31 March 2023 549,768 95,504 645,272 Land and buildings with a carrying amount of £527,522 were revalued on 13 February 2024 by Legat Owen, independent valuers not connected with the charity on the basis of market value. The valuation conforms to International Valuation Standards and was based on recent market transactions on arm's length terms for similar properties. At 31 March 2024, had the revalued asset been carried at historic cost less accumulated depreciation and accumulated impairment losses, its carrying amount would have been £527,52212023 - £549,768). 17 Stocks 2024 2023 Finished goods and goods for resale 2,558 11,076 -22-
HALTON HAVEN HOSPICE N(yfES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Debtors 2024 2023 Amounts falllni due wlthin one year: Trade debtors Amounts owed by subsidiary undertakings other debtors Prepayments and a¢¢rued income 1,713 9,343 108 87,979 31,610 61,710 7.873 121,302 79,034 19 Loans and overdrafts 2024 2023 Bank loans 26,725 35,833 Payable within one year Payable after one year 11,593 15,132 9,385 26,448 20 Credltors: amounts falllni due wlthln one year 2024 2023 Notes Bank loans other tsxation and social security Trade creditors other creditors Accruals and deferred income 19 11.593 37,5 65,713 96,980 156,754 9,385 31,700 41,338 28,049 219,128 368,630 329,600 21 Details of security The charity's bankers, Lloyds Bank plc, have a security against the charity by way of a charge over the commercial freehold property. 22 Credltors: amounts falllng due after more than one year 2024 2023 Notes Bank loans 19 15,132 26,448 -23-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Retirement benefft schemes 2024 2023 Defined contrlbullon %hemes Charge to profit or Ios5 in respect of defined contribution schemes 70,218 66,094 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held SepatelY from those of the charity in an independently administered fund. 24 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conrjitions by donors as to how they may be used. At l Aprll 2023 Incomln8 rèsources Resources expended At 31 March 2024 Men's shed Commu nity cafe Merseyflow Hospice car New entrdnce doors New boundary fence steve Morgan Foundation B&Q Foundation Arnold Clarke Autos 1,460 1,884 4,950 4,899 2,338 1,224 503 1801 16761 11,3501 14,8991 18781 14591 15031 12LX)I 1401 1401 1801 121,6001 1,380 1.208 3,600 1,461 765 4,7(K) 940 4,500 900 The Skelton Charity Bruce Wakefield Resilience Project 940 900 1,880 1,800 21,600 25,718 21,600 130,8041 16,514 -24-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Restricted funds Icontinuedl Previous year: At l Aprll 2022 Ineomln8 rèsources Rèsources expended At 31 March 2023 Men's shed Community cafe Merseyflow Hospice car New entrance doors New boundary fence Steve Morgan Foundation B&Q Foundation Arnold Clarke Autos The Skelton Charity Bruce Wakefield PPG Industries 1,540 2,560 6,300 7,599 3,216 1,683 3,704 4,gCKJ 98Q 1801 16761 11.3501 12.7CXJI 18781 14591 13,2011 12001 1401 1401 1801 112,CX)01 1,460 1,884 4,950 4,899 2,338 1,224 503 4,700 940 980 940 1,960 12,OQXJ 1,880 47,422 121,7041 25,718 Men's shed- funding of £2,OW was received for improvements to the men's shed. Community cafe community cafe. o separate funding sources of £2,810 and £1,695 were received for improvements to the Merseyflow- funding of £9,000 was received for the purchase of a steam cleaner. Hospice car- funding of £12,999 was received for the purchase of a car to be used by hospice staff. New entrance doors- funding of £5,850 was received for the acquisition of new entrance doors at the Runcorn site. New boundary fence- funding of £3,060 was received for the construction of a boundary fence at the Runcorn site The Steve Morgan Foundation provided funding for the purchase of new laptops to assist with home working. The B&a Foundation, Arnold Clarke Autos, The Skelton Charity and Bruce Wakefield provided funding for the Hospice Pathways project of capitsl improvements at the Runcorn site. PPG Industries provided funding of £12,OCMJ towards the Colourful Community project for the improvement of the woodland walk garden at the hospice site. Resilience Project- funding of £21,600 was received to subsidise nurse salaries. -25-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 25 Unrestrirted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At l April 2023 Incomlnz resources ResourcesGains and losses expended At 31 Mah 2024 General funds 1,180,978 2,739,472 12,542,499) 672,478 2,050,429 Prevlous year: At l Aprll 2022 Incoming resources Resour¢esGalns and105ses expended At 31 March 2023 General funds 1,539,913 2,101,787 12,294,389) 1166,3331 1,180,978 26 Analysls of net assets between funds Unrestrlrted funds Restricted funds 2024 Totsl 2024 2024 At 31 March 2024.. Tangible assets Current assets/lliabilitiesl Long term liabilities 1,295,221 770,340 115,1321 16,514 1,311,735 770,340 115,1321 2,050,429 16.514 2,066,943 Unrestrlcted funds 2023 Restricted funds 2023 Total 2023 At 31 Mar¢h 2023.. Tangible assets Current assets/lliabilitiesl Long term liabilities 619,554 587,872 126,4481 25,718 645,272 587,872 126,4481 1,180,978 25,718 1,206,696 -26-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 27 Operatlni lease commitments Lessee At the reporting end date the charity had outstanding commitments for future minimum lease payments under non- cancellable operating leases, which fall due as follows-. 2024 2023 Within one year Between two and five years 3,689 6,520 8,406 5,320 10,209 13,726 Related prtytr•nrtSonS There were no discloble related party transactions during the year12023 - none). 29 Company limited by guarantee The company is limited by guarantee and does not have share capitsl. Every member of the company undertakes to contribute to the assets of the company, in the event of it being wound up, an amount not exceeding five pounds. 30 Cash generated from operntlons 2024 2023 Surplus/ldeficitl for the year 187.769 1380,6391 Adjustments for: Investment income recognised in statement of financial activities IGainl/loss on disposal of investments Depreciation and impairment of tangible fixed assets 16.6371 11,8871 166,333 52,842 64,204 Movements In working capital.. Decrease in stocks Ilncreaselldecrease in debtors Increase in creditors 8,518 142,2681 36,822 358,478 212,902 Cash generated from operations 248,408 408,029 -27-
HALTON HAVEN HOSPICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EhlDED 31 MARCH 2024 31 Analysls of ¢hanges in net funds At l April 2023 Cash flows At31 March 2024 Cash at bank and in hand 827,362 187,748 1,015,110 Loans falling due within one year Loans fa51ing due after more than one year 19,3851 126,4481 12,2081 11,316 111,5931 115,1321 791,529 196,856 988,385 28-