Charity registration number NIC100871
Company registration nUM￿r N1018869 (Northem Ireland)
FOYLE HOSPICE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2024

FOYLE HOSPICE
CONTENTS
Page
Charity Infomiation
Trustees, report
Independenl auditorfs report
9-12
statement of financial activities
13-14
Balance sheet
15
Statement of cash flows
16
Notes to the financial statements
17-34

FOYLE HOSPICE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
MrsAngela Mclntyre MBE {Chairperson)
Ms Patricia Blaney Ivice Chairperson)
Mr Gerard O'Hara (Treasurer)
Mr Patrick Kelly
Mr Brendan Dowdall
Ms Jennifer Maloney
Mrs Carolann Dohety
Mrs Gillian King
Secretary
Mr Brendan Dowdall
Senior
management
Donall Henderson
Chief Executive Officer
Dr Paul Mclvor
Annmarie Casey
Teresa Sythes
Medical Director
Director of Nursing and Clinical Care Setvices
Human Resources and Administrative Services
Manager
Director of Income Generation and
Communications
Sheila Dufy
Charity number
NIC100871
Company number N1018869
Registered office
61 Culmore Road
Dery
BT48 8JE
Auditor
Moore INI) LLP
21123 Clarendon Street
DerrylLondondery
BT48 7EP
Bankers
Danske Bank
Donegall Square West
Betfast
PO BOX 183
Danske Bank
4648 Catherine Street
Limavady
Co. Londondery
BT49 9DB
Bank of Ireland
Lower Main Street
Buncrana
Co. Donegal
F93 HC57

FOYLE HOSPICE
LEGAL AND ADMINISTRATIVE INFORMATION
Solicitors
Kelly & Corr
Solicitors
65 Clarendon Street
DERRY
BT48 7ER
Investment
advisors
J & E Davy (UK) Limited
7 Donegall Square North
Belfast
BT15GB

FOYLE HOSPICE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial slalements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Igoverning documentl, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)"
(effective 1 January 2019).
Objectives and activities
The principal activities of the Foyle Hospice are the provision of palliative and end of lrfe care for those patients who
require it, as well as providing support for their families and carers. These Servi￿$, free of any cost, are delivered
through Foyle Hospice's Community Team, Day Hospice and In-Palient Care services and support.
The aims and objectives of the charity are as set out in the objects contained in the companvs Memorandum of
Association as well as the new three-year Strategic Plan, with effect from April 2024 - March 2027. In fulfilling its
objectives, Foyle Hospice provides the following services=
In-Patient Care
The In-Patient Unit currently comprises 9 beds and 1 self-contained apartments. Foyle Hospice supports families,
friends and carers of patients to help them cope during their illness and in bereavement, in an attentive and non-
intrusive way. Patients may be admitted for respite care or for pain and symptom control with a view to being
discharged home. Patients are also admitted for specialist care and support in the terminal phase of their illness.
Through the In-Patient Unit the Hospice also provides a 24-hour advisory service to GP'S Districl Nurses and others
on any matters in relation to a patienys care.
Communi
Palliative Care Nursin
Team
Foyle Hospice has a team of specialist nurses who visit patients in their homès across the whole of the Western
Health and Social Care Trust area. The Community Palliative Care Nursing Team work closely with GP'S and District
Nurses offering support and advice to ensure patients receive the best quality of care available. The specific needs
of family and friends are also considered. A Specialty Doctor, supported by our medical team within Foyle Hospi
and other professionals closely support these specialist nurses.
Da
Thera
Our Day Therapy Service operates three days per week and provides an opportunity for patient assessments, social
activities and complementary therapies. It also enables a short respite break for those at home, who provide caring
arrangemenls for an ill relative or friend.
Bereavement Su
ort
This is an important element of hospice care and support available to relatives and friends of patients. The
bereavement support sessions are facilitated by staff, supported by experienced volunteers and offer a safe, secure
and comfortable environment for the users to express their feelings relating to their experience of death.
Healing Hearts is a specialist bereavement support Servi￿ for young people aged 4 - 18 years and is led by a
Children and Young Person's Facilitator. currently supported by our Children's Counsellors.
Advice
Foyle Hospi￿ offers 24n Telephone Advice seNice, which is available at all times for advi￿ to GPS, district nurses.
hospital stsff, health care professionals, relatives and other members of the public in matters relating to Palliative
and End of Life Care.

FOYLE HOSPICE
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Other Activities
During the financial year, Foyle Hospice once again received addition non-recurrent funding from the Department of
Health's Strategic Planning and Performance Group ISPPGI to support continued delivery of the Integrative Care
Clinic three days per week. This continues to be provided on an annual basis and we are hopeful, that following a
recent comprehensive review by funders, this will become partly or wholly core funded within the conlext of our
revised Day Hospice model.
SPPG has also provided funding to enable the delivery of a Compassionate Communities framework across
Northern Ireland, which continues to focus on raising awareness and education about death, dying and
bereavement within communities. This project is currently funded lo the end of March 2025 and continues to build
and develop strong relationships with agencies, organisalions and groups across the entire region.
Through the Department of Health's CancÈr Charities Support Fund, administered by the Community Foundation
Northern Ireland, Foyle Hospice has continued to enhance its Community Team, which is now available seven days
per week, to include weekends and public holidays. Phase One of this funding has also enabled provision of adult
and children counselling services and allowed us to create a Carer Health and Well Being resource. These services
were originally funded until the end of March 2024, but delivery has been extended lo March 2025.
Further funding was approved for Foyle Hospice, through Phase Three of the Department of Health's Cancer
Charities SLJPPOrt Fund. This includes a Specialty Doctor to support the Community Team and additional resource
to help deliver our ongoing Carer Support Programme, as well as a Complementary Therapist services, al of which
has also been extended until the end of March 2025.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding whal activities the
charity should undertake.
Volunteers
Volunleers play a key role in all services at Foyle Hospice, particularty in the provision of vital support lo the IPU,
Day Hospice, Bereavement Support, Fundraising and Retail. Trustees volunteer Iheir time freely to attend regular
board meetings, structured and ad hoc sub committees, as well as offering ongoing support to the Senior
Management Team and the organisalion as a whole. A Volunteer Forum has also been established, offering a
platform for volunteers across all key service areas to have a voice and provide an opportunity to feedback to
improve andlor enhance respective service delivery.
Achievements and performance
Significant 8Ctivilies and achievements against objectives
The 808rd of Trustees are extremely pleased to have had yet another exceptionally positive inspection by RQIA in
January 2024, with no areas of improvemenl or recommendations reported.
The new slralègic plan focuses on enhanced services and support frameworks, so as to greater ènable patients to
remain at home. The review of Day Hospice services has been undertaken by SPPG and we hope that the
outcome will result in closer working relationships with the Integrative Care Clinic and more nurse led clinics. We
hope to provide an optimum number of bed spaces at our Inpatient Unit, which are so desperately needed to
support palients with more complex conditions.
We are pleased that Foyle Hospice's accounts for 2023124 demonstrate a surplus of £352,682. However, the Board
of Trustees are well aware of the long-term financial risks and uncertainty as we continue to navigate a post-
pandemic society, further compounded by the ongoing cost-of-living crisis and political instability.
Some of our operational costs may have remained sleady, while others have increased. This requires us to
continuously review and consider suppliers in order to effectively provide our services.
We have robust
mechanisms in place so that we can closely monitor and review these costs on a regular basis.

FOYLE HOSPICE
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees. along with the Senior Management Team, are committed to identifying opportunities whereby income
streams can be increased and costs can be reduced to ensure that services are delivered in an appropriate and
timely manner. We continue to liaise positively with the Strategic Planning and Performance Group {SPPG) and
relevant personnel within the Department of Health to secure support, so that we can adequately deliver services to
palients and their families. We strive to work collaboratively with relevant Ministers, Elected Representatives, Health
Committee, Nl Executive All-Paty Group on Terminal Illness. All Ireland Institute of Hospice and Palliative Care
IAIIHPC), Hospice UK and through the Hospice Allian￿ Nl lo better serve patients with hospi￿ and palliative care
needs.
We are still waiting on the outcome and recommendations from the Strategic Planning and Perfomiance Group's
review of the Day Hospice Model.
Financial review
The Statement of Financial Activities indicates that the Hospice had incoming resources of £4.321.700 in Ihe year.
The expenditure for the year was £4,549,176. Which resulted in net expenditure of £227,476. Net gains on
investments, including revalualion increases on investments to market value and slerting euro exchange
adjustments, resulted in the Hospice reporting total nel movement in funds for the 2023124 financial year of
£352,484. As such, the Hospice's accurnulated funds increased by this amount.
Trustees, along with the Finance and Audit Committee and Senior Management Team have continued to monitor
our income and reserves, assessing the financial and operational risks to the charity, taking appropriate actions to
mitigate the impact of any negative outcomes.
Reserves policy
The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed
assets ('the free reserves'} held by Foyle Hospice should equate to approximately 12 months of unrestricted
expenditure to enable the charity to continue the current activities in the event of a significant drop in fundraising.
The Trustees consider the annual cost of running the Hospice in the current environment to be £3,900.000.
At 31 March 2024 the free reserves were £7.132.364 and as such the target has been achieved.
Additionally, £164,717 was received in respect of the Integrative Care Clinic and Compassionate Communities. A
further £183,025 was re￿iVed through the Cancer Charities Support Fund.
Our voluntary incorne has performed much better than anticipated in year and has resulted in a significant increase
in Foyle Hospice's free reserves at Ihe reporting date. Trustees accept the projection of deficits of income against
expenditure for 2024125 financial year, but have increased targets for voluntary income based on previous year's
performance. The organisation as a while, will continue to monitor income and expenditure during 2024125 on a
quarterly basis.
The assessment is based on the non-recurring nature of some funding support re￿iVed during 2023124 and the
unpredictably of voluntary income such as legacies and donations, further compounded by the impact of the cost-of-
living crisis.
Therefore, the Trustees anticipate that the free reseNes will be used lo ensure we maintain appropriate levels of
service provision during this period.
Investment policy
The Trustees have considered the most appropriate policy for investing funds. In the accounting year ended 31
March 2024 the Trustees continued with the management of their investment portfolio through Davy. Davy's aim is
to ensure that selected securities are relativety safe and provide a reasonable yield. They do not currendy chase
high yield to the detriment of risk in the portfolio.

FOYLE HOSPICE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Major risks
The Governan￿ and Risk Committee works in collaboration with the Senior Management Team in relation to
managing and miligaling against risk. A Risk Management Strategy is in place, alongside a Corporate Risk Register
and Operational Risk Register. both of which are reviewed on a regular basis.
This Committee has assessed the major risks to which the charity is exposed, in particular those related lo the
operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure lo the major
risks.
Structure, governance and management
The organisation is a company Limited by Guarantee not having a share capital, incorporated on 11 th October 1985
and is registered with The Charity Commission for Northern Ireland.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the dale of signature of the financial statements were..
Mrs Angela Mclnlyre MBE (Chairperson)
Ms Patricia Blaney Iwice Chairperson)
Mr Gerard O'Hara {Treasurerl
Mr Gerard Guckian
Mr Patrick Kelly
Professor Dolores O'Reilly
Mr Brendan Dowdall
Ms Jennifer Maloney
Mrs Carolann Doherty
Mrs Gillian King
(Resigned 19 De￿mber 20231
(Resigned 19 De￿mber 20231
Recruitment and appointment of trustees
The Board of Trustees can have up lo 24 members but not less than 5 members. There are currently 8 Trustees.
As set out in the Articles of Association, one third of the serving trustees retire at each Annual General Meeting and
they shall be those who have been longest in office since the last election or appoinlmenl. A retiring director shall be
eligible for re*lection for at least a second term of three years. The Trustees shall at any time elect a new trustee
by co-option and who will remain in office until the next Annual General Meeting, but shall also be eligible for re-
election.
Foyle Hospice undertakes an annual skills audit among Trustees in order to identify any knowledge andlor skills
gaps within its membership. These skills are specific lo the strategic and operational nature of the organisalion.
Foyle H05pice will undertake regular Trustee Recruitment Drives to achieve balance and with a view to proactivè
succession planning.
Trustee induction and training
From timè to time, Èxpressions of inlerest will facilitate recruitment of new trustees to meet the essential skill set for
the Board of Trustees. Potential candidales will meet with the Chair and Vice Chairperson in the first instance for a
discussion about their role, responsibilities and expectations. They will then have the opportunity to meet with the
Chief Executive who will facilitate an orienlalion day to brief them on.. their legal obligations under charity and
company law, the charity commission guidance on public benefit, and inform them of the content of the
Memorandum and Articles of Association, various committees, organis81ional structure and decision-making
process, the strategic plan and recent financial performance of the charity.
As part of the induction, they will have an opportunity to meet with Senior Management Team, key employees and
other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate
and further support the undertaking of the role.

FOYLE HOSPICE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organisational structure
The Board of Trustees administer the charity- A Chief Execulive OffI￿r is appointed by the Trustees to manage the
day-to-day operations of the charity- To facilitate effective operations. the CEO has delegated authority. within terms
of delegation approved by the Trustees, for operational matters including finance and the management of the In-
Patient Unit, the Day Hospice, Community Team and the Income Generation and Communications Department,
alongside any other projects that may be contracted to Foyle Hospice.
Relationship with related parties
None of the trustees receive remuneration or other benefit from their work with the charity. Any connection belween
trustee or senior manager of the charity with a contracted supplier must be disclosed to the full Board of Trustees
in the same way as any other contractual relationship with a related patty. In the current year, no such related paty
transactions were reported. All Trustees are required to complete a Declaration of Interest Form and these are
updated on an annual basis or as required subject to individual circumstsnces.
Statement of trustees. responsibilities
The trustees, who are also the directors of Foyle Hospice for the purpose of company law, are responsible for
preparing the Trustees. Report and the financial statements in accordance with applicable law and United 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 stste of affairs of the charity and of the incoming resources and application of resources, including Ihe
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 mèthods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudenl.,
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 concem 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
Following a tender process. Moore (Nl) LLP have been re-appointed as auditor of Foyle Hospice for the three-year
period covering 2024125 2026127. In accordance with the company's articles, a resolution proposing that Moore
(NI) LLP be reappointed as auditor of the company will be put at the Annual General Meeting.
Small company provisions
This report has been prèpared in accordance with the provisions applicable to companies entitled to the small
companies exemption.

FOYLE HOSPICE
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Disclosure of infonnation to auditor
Each of the trustees has confirmed Ihat there is no information of which they are aware which is relevant lo the
audit, but of which the auditor is unawa￿. They have further confirmed that they have laken appropriate steps to
identify such relevant information and to estsblish that the auditor is aware of such information.
The trustees. report was approved by Ihe Board of Trustees.
Mrs Angela Mclntyre M8E (Chairperson)
Trustee
30 September 2024

FOYLE HOSPICE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FOYLE HOSPICE
Opinion
We have audited the financial statements of Foyle Hospice (the 'charity'l for the year ended 31 March 2024 which
comprise the ststement of financial activities, the balance sheet, the statement of cash Ilows 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 applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the stste of the charitable company's affairs as at 31 March 2024 and of its
incoming resources 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 Practi￿.
and
have been prepared in accordance wrth the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditoffs responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordan￿ with the ethical
requirements that are relevant 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.
Conclusions relating to going concern
In auditing the financial statements. we have concluded that Ihe trustees, use of the going concem 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 or
conditions that, individually or collectively, may casl significant doubt on the charity's ability to continue as a going
concem for a period of at least I￿e1ve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the
relevant sections of this report.
Other information
The other information comprises the infomiation included in the annual report other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other infomation 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 informalion and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears
to be materially misstated. If we identify such material inconsislencies 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 perforrn￿. we conclude that there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Ad 2006
In our opinion, based on the work undertaken in the course of our audil:
the infomiation given in the truslees, report for the financial year for which the financial ststements 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
requirements.

FOYLE HOSPICE
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE MEMBERS OF FOYLE HOSPICE
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the
audit, we have not identified material misslalemenls 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..
adeqLJale 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 records 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 nol entitled to prepare Ihe financial slalements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the
requiremenl to prepare a strategic report.
Responsibilities of truslees
As explained more fully in the ststement 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 intemal control as the Iruslees 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
concem basis of accounting unless the trustees either intend to liquidate the Gharitable company or lo cease
operations. or have no realistic alternative bul lo do so.
Audltorfs responslbilities for the audit of the financial 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 bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Extent to which the audit was considered Capable of detecting irregularities. including fraud
The objectives of our audit in respect of fraud, are- to identify and assess the risks of material misstatement of the
financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of
material misstatement due to fraud, through designing and implementing appropriale responses to those assessed
risks- and lo respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the
primary responsibility for the prevention and detection of fraud rests with both management and those charged with
governance of the charitable company.
Based on our understanding of the charitable company and its operating environment, we delem)ined that the most
significant frameworks which have a direct impact on the preparation of the financial statements are those related lo
the reporting framework, IFRS 102, the Charities Act (Northern Ireland) 2008, The Charities (Accounts and Reports)
Regulations (Northern Ireland} 2015, the Charity SORP and the Companies Acl 20061 of which non-compliance
may have a material effect on the financial statements. Compliance with these laws and regulations was assessed
as part of our pr0￿dUreS.
Other laws and regulations of which non-compliance may have a material effect on the financial statements, e.g.
through fines or litigation. were identified as regulations in relalion lo employment law and provision of medical care
services which are regulated by the RQIA. Our required procedures in these areas are limited to inquiry of trustees
and other management and inspection of any regulatory or legal correspondence. These limited procedures did not
identify any actual or suspected non-compliance.
10-

FOYLE HOSPICE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF FOYLE HOSPICE
We assessed the sUs￿ptibIlity of the charttable companvs financial statements to material misstatement, including
how fraud might occur, including evaluating management's in￿ntiveS and opportunities to manage earnings or
influence the reported results. From the results of our assessmènt, we detemined that the principal risks of fraud
relate to posting inappropriate journal entries and use of charity funds for purposes outside of restrictions imposed
by the donor. In common with all audits under ISAS (UK), we are required to perform specific procedures to respond
to the risk of management override.
Audrt response to risks identified
As part of an audit in accordance with ISAS (UK) we exercise professional judgement and maintain professional
scepticism throughout the audit. Audit procedures perfomed by the engagement team included:
We obtained an understanding of the charitable companys inlemal control systems in order to design audit
prO￿dureS that are appropriate in the circumstances. but not for the purposes of expressing an opinion on
the effectiveness ofthe charitable company's intemal control.
We obtained an understanding of how the charitable company complies with relevant laws and regulations,
including those as a result of its registration with the Charity Commission for Northern Ireland and
charitable status with HM Revenue & Customs . by making enquiries of management and those charged
with govemance.
Enquiry of management, those charged with governance and the entity's solicitors around actual and
potential litigation and claims.
Enquiry of entity staff to identify any instances of non-complian￿ with laws and regulations.
Performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due to fraud
Reviewing minutes of meetings of those charged with governance
Reviewing financial statement disclosures and testing to supporting documentation to assess complian
with applicable laws and regulations.
We lest the completeness of income lo address the risk of fraud in revenue recognition.
Auditing the risk of management override of controls, including through testing joumal entries and other
adjustments for appropriateness, and evaluating the business rationale of significant transactions that are
unusual or outside the nomial course of business.
Auditing the risk of use of charity funds outside of restrictions imposed by the donor by review of funding
letters of offer to identify restrictions, and review of funding claims prepared by management to check
compliance with restrictions.
We communicated relevant laws and regulations and potential fraud risks to all engagement team members, and
remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. There
are inherent limitstions in the audit procedures described above and the further removed non-compliancè with laws
and regulations is from the events and transactions reflected in the financial statements, the less likely we would
become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error, as fraud may involve deliberate concealment through collusion. forgery.
intentional omissions, misrepresentstions or the override of intemal control.
A further description of our responsibilities is available on the Financial Reporting Council's website at= httPS'.11
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 stste to the charitable companvs
members those matters we are required to state lo 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 Ihe charitable
company and the charitsble company's members as a body. for our audit work, for this report. or for the opinions we
have formed.
11

FOYLE HOSPICE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF FOYLE HOSPICE
John Love (Senior Statutory Auditor)
for and on behalf of Moore {Nl) LLP
30 September 2024
Chartered Accountants
Statutory Audltor
21123 cla￿ndOn Street
DerrylLondonderry
BT48 7EP
12-

FOYLE HOSPICE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Current financial year
Unrestricted Unrestricted
funds
funds
general designated
2024
2024
Restricted
funds
Total
Total
2024
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
1.758,217
1.392,394
447,574
55.357
7,710
45,949
614,499
1,804.166
2,006,893
447,574
55,357
7,710
1,504,817
1.736,751
435.694
70,682
Total incomè
3,661,252
660,448
4,321,700
3,747,944
Expenditure on:
Raising funds
Charitable activities
1,039,186
3,154,391
2.959
334.516
1,042.145
3.507,031
934,927
3,175,244
18,124
Total expenditure
4,193,577
18,124
337.475
4,549.176
4,110,171
Net gainsl(losses) on
investments
13
580,156
580,156
(311.881)
Net incomel(expenditure)
47,831
{18,124)
322,973
352.680
(674,108)
Transfers between funds
182,405
(182,405)
Other recognised gains and
losses:
Other gainsl(losses)
15
{196)
(196)
1,227
Net movement in funds
10
230,040
(18,124)
140,568
352,484
(672,881)
Reconciliation of funds:
Fund balances at 1 April 2023
8,886,429
1,150,136
286,597
10,323,162
10,996,043
Fund balances at 31 March 2024
9,116,469
1,132.012
427,165
10,675,646
10,323,162
The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
13-

FOYLE HOSPICE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prior financial year
Unrestricted Unrestricted
funds
funds
general designated
2023
2023
Restricted
funds
Total
2023
2023
Notes
Income and endowments from..
Donations and legacies
Charitable activities
Other trading activities
Investments
1.453,171
1,389.009
435,694
70,682
51,646
347,742
1,504,817
1,736,751
435,694
70,682
Total Income
3,348,556
399,388
3,747,944
Expenditure on:
Raising funds
Charitable activities
895,181
2,831,921
39,746
324,974
934,927
3,175,244
18,349
Total expenditure
3,727,102
18,349
364,720
4,110,171
Net gainsl(losses) on investments
13
1311,881)
(311,881)
Net Incomel(expendlture)
1690,427)
(18,3491
34,668
1674,108)
Transfers between funds
59,225
(54,2251
{5,000}
Other recognlsed galns and losses:
Other gains
15
1,227
1,227
Net movement in funds
10
(629,975)
172,5741
29,668
(672,881)
Reconciliation of funds:
Fund balances at 1 April 2022
9.516,404
1,222.710
256.929
10,996,043
Fund balancos at 31 March 2023
8,886,429
1,150,136
286,597
10,323,162
14

FOYLE HOSPICE
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
16
17
2.613.117
6,892,376
2,694,904
6,468,897
9,505,493
9,163,801
Current assets
Debtors
Cash at bank and in hand
18
222,639
1,553,759
226,067
1,244,782
1,776,398
1,470,849
Creditors: amounts falling due within
one year
19
{606.245)
(311,488)
Net current assets
1,170,153
1,159,361
Total assets less current liabilities
10.675,646
10,323,162
Net assets
10,675,646
10,323,162
The funds of the charity
Restricted income funds
Unrestricted funds - general
Unrestricted funds - designated
23
427.165
9.116,469
1,132,012
286,597
8,886,429
1,150,136
22
10,675.646
10,323,162
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial ststements were approved by the trustees
30S
ptember
024
>-•
Mrs Angela Mclntyre MBE (Chairpetsonl
Trustee
MrG
Trust
rd O Hara (Tre
surer)
Company registration number N1018869 (Northem Ireland)
15-

FOYLE HOSPICE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated froml{absorbed by)
operations
29
102.523
1181,246}
Investing activities
Purchase of tangible fixed assels
Purchase of investments
Proceeds from disposal of investments
Investment income received
(5,580)
1990,5521
1,147,229
55,357
133,433)
15,637,189}
5,753,192
7Q,682
Net cash generated from investing
activities
206,454
153,252
Net cash used In finan¢lng acttvities
Nel Increaselldecrease) in cash and cash
equivalents
308,977
{27,994}
Cash and cash equivalents al beginning of year
1,244,782
1,272,776
Cash and cash equlvalents at end of year
1,553.759
1,244,782
16

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Foyle Hospice is a privale company limited by guarantee incorporated in Northern Ireland. The registered
Offi￿ is 61 Culmore Road, Dery, BT48 8JE. It is registered as a charity with the Charity Commission for
Northern Ireland with effert from 12 December 2014.
1.1 Accounting convention
The financial statements have been prepared in accordance with the chariws [governing documenti, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ("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 (FRS 102)" (effective 1 January 20191. The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterfing. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under Ihe historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the tirne of approving the financial ststements, the trustees have a reasonable expectation that the charity
has adequate resoU￿S to continue in operalional existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ of their charitable
objectives unless the funds have been designated for other purposes. In addition, funds may be held in order
to finance capital investment and working capital.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to
set aside to use for a specific purpose which would otherwise form part of the general reserve of the charity.
Restricted funds are subject to specific 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.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled lo 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 performan￿ conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised at the earlier of the date on which either= the charity is aware that probale has been
granted.. the estate has been finalised and notification has been made by the executor(s) that a distribution will
be made.. or whèn a distribution is received from the estate.
In accordan￿ with the Charities SORP IFRS 102), the general time given by volunteers is not recognised and
refer to the Trustees, Report for more information about volunteers contribution.
17-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcies
(Continued)
Interest on funds held on deposit is recognised when receivable and the amount can be measured reliably by
the charity- This is normally on notification of the interest paid or payable by the bank.
1.5 Expenditure
Expendilure is recognised once there is a legal or constructive obligation to make a payment lo a third party. it
is probable that settlement will be required and the amount of the oblig81ion can be measured reliably.
Expenditure is classed under the following activity headings..
Cost of raisin
funds
Comprises the cost of running the fundraising department including the cost incurrred in seeking donations,
operating the weekly draw, Staging events and contacting volunteers and others to raise funds on behalf of the
charity and operating shops to sell donated goods.
enditure on Charitable Aclivilies
Includes the costs of running the In-Patient Unit, the Day Therapy Unil and the Home Care Department and all
activities undertaken to fvrther the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
1.6 Tangible flxed assels
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cosl or valuation of assets less their residual values over their
useful lives on Ihe following bases:
Land & Buildings at Culmore Road
Day Care Centre Culmore Road
Office Fixtures and fittings
Shops Fixtures and fittings
Hospice Fumishings and equipment
Motor Vehicles
20/0 Straight line
20/0 Straighl line
200/0 of reducing balance
200/0 of reducing balance
20°/o of reducing balance
250/0 of reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Fixed asset investment5
Fixed asset investments arè initially measured at transaction price excluding transaction costs, and are
subsequently measured al fair value at each reporting dale. Changes in fair value are recognised in net
incomel{expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impalrment of flxed assets
At each reporting end dale, the charity reviews the carrying amounts of its tangible assets lo determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss lif any).
1.9 Cash and cash equivalents
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.
18-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Othef 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 a legally enforceable right to set off the recognised amounts and there is an intention to setue on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
transaction price including transaction costs and are subsequently carried al 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 receipls discounted al a market rate of interest. Financial assets
lassified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt inslrument is Measur￿ 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 amortised.
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, they 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 of financial liabilities
Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or
cancelled.
1.11 Taxation
The company is a charity anLI is recognised as such by HM Revenue & Customs under the charity tax
reference XN76407. The company also qualifies for charitable tsx exemptions with the Office of the Revenue
Commissioner ROI Charities Section. As a resull, there is no liability to taxation on any of its income.
1.12 Employee benefits
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 Ihe charity is demonstrably committèd
to terminate the employment of an employee or lo provide termination benefits.
1.13 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.14 Foreign exchange
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rale of
exchange prevailing at the accounting date. Foreign currency transactions are recorded at the date of the
transaction and all differences are taken to the Statement of Financial Activities.
19-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crltlcal accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required lo make judgements, estimates
and assumptions about the carrying amount 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 eslimales and undertying assumptions are reviewed on an ongoing basis. Revisions to 8ccounting
estimates are recognised in the period in which the estimale 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.
Incomè from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Legacies receivable
Fundraising income
346,862
119,832
1,291,523
45,949
392,811
119,832
1,291.523
301,110
33,716
1,118,345
51,646
352,756
33,716
1.118,345
1,758,217
45.949 1,804,166
1,453,171
51,646 1.504,817
Income from charltable activltios
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestrlcled Restricted
funds
funds
2023
2023
Total
2024
2023
Hospice Funding
Department of Health -
SPPG annual funding
1,392,394
1,392,394
1,389,009
1,389,009
ICP Project Funding
WHSCT project funding
176.010
176,010
164,717
164,717
CFNI Project Fundlng
Department of Health
Cancer Charities Support
Fund
296,900
296,900
183,025
183,025
Southern Sector Fundlng
WHSCT project funding
141,589
141,589
1,392.394
614,499 2.006,893
1,389,009
347.742 1,736,751
-20-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from other trading activities
Unrestricted Unrestricted
funds
funds
2024
2023
Shop income
447,574
435,694
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Investment income
55,357
70,682
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Insurance claim
7,710
21

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on raising funds
Unrestricled Restrlcted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Fundraising and publicity
Fundraising costs and
overheads
Other fundraising costs
Staff costs
Depreciation and
impairment
244,548
41,919
373,761
244.548
41,919
373.761
222,035
68.472
300.699
222,035
68,472
300,699
12,624
12,624
14,170
14,170
672,852
672,852
605,376
605,376
Trading costs
Operaling charity shops
Staff cosls
150,053
162,070
150,053
165,029
138,976
111,782
138,976
151,528
2,959
39,746
312,123
2.959
315.082
250,758
39,746
290,504
Investment management
$4,211
54,211
39,047
39,047
Total costs
1.039.186
2,959 1,042,145
895,181
39,746
934,927
-22-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable activities
In PatientDay Therapy Homecare ICP Project
Unit
Unit
2024
2024
Southern
Sector
2024
Total
2024
2024
2024
Direct costs
Staff costs
Depreciation and
impairment
Locums & Out of Hours
Cover
Joint Palliative Care
Consultant
Medical Supplies
Food & provisions
Support costs
1,822,810
203,534
503,646
176,305
137,832 2,844,127
63,269
7,830
74,743
97.798
97,798
56,697
24,827
30.506
264,004
8,555
7,250
72,502
24,827
30,506
362,528
41.587
35.659
10,831
10,447
2,359,911
261,506
550,199
187,136
148.279 3.507,031
Analysis by fund
Unrestricted funds -
general
Unrestricted funds -
designated
Restricted funds
2,333,641
261,506
550,199
9,045 3,154,391
18.124
8,146
18,124
334,516
187,136
139,234
2,359,911
261,506
550,199
187,136
148,279 3,507,031

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charltable actlvlties
(Continued)
Previous year:
In PatientDay Therapy Homec8re ICP ProjectCFNI Project
Unit
Unit
2023
2023
Total
2023
2023
2023
2023
Direct costs
Staff costs
Depreciation and
impairment
Locums & Out of Hours
Cover
Joint Palliative Care
Consultant
Medical Supplies
Food & provisions
Support costs
1,841,204
84,029
317,746
147,390
73,247 2,463,616
63,660
10.127
3,673
77,460
89,018
89,018
57.043
24,631
29,556
277,687
8,607
7,294
72,944
24,631
29,556
418.019
29,966
35,554
13.830
60.982
2,382,799
132,729
364,267
161.220
134,229 3.175,244
Analysis by fund
Unrestricted funds -
general
Unrestricted funds -
designaled
Restricted funds
2,334,925
132.729
364,267
2,831,921
18,349
29,525
18,349
324,974
161,220
134,229
2,382,799
132,729
364,267
161,220
134,229 3,175,244
10 Nel movement in fund$
2024
2023
The net movemenl in funds is staled after chargingl{creditingl'.
Fees payable for the audil of the charitys financial statements
Depreciation of owned langible fixed assets
12,500
87.367
12,500
91,630
11 Trustees
The trustees neilher received nor waived any remuneration during the year (2023.. £Nill. There are no trustees
accruing pension arrangements and the trustees did not have any expenses reimbursed during the year
12023= £Nil).
12 Employees
The average monthly number of employees during the year was=
2024
Number
2023
Number
130
100
-24-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Employees
{Continued)
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
2,845,317
267,931
269.669
2,437,238
240,349
238,256
3,382,917
2.915.843
The number of employees whose annual remuneration was more than £60,000
is as follows-
2024
Number
2023
Number
£60,001 to £70.000
£70,001 to £80,000
£90,001 to £100,000
Over £100,001
Remuneration of key management personnel
Key managemenl personnel comprise the CEO and Senior Management
Team. The remuneration of key management personnel is as follows.
2024
2023
Aggregate compensation
460,950
438,832
13 Gains and losses on investments
Unrestricted Unrestricted
funds
funds
2024
2023
Gainsl(losses) arising on..
Revaluation of inveslments
Sale of investments
513.848
66,308
(43,630)
{268,251)
580,156
(311.881)
14 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
-25-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Other gains and losses
Unrestricted Unrestricted
funds
funds
2024
2023
Gains/llosses} upon..
Foreign exchange
196
(1,227)
26-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Fixed assel investments
Quoted
securities
Cash in
portfolio
Total
Cost or valuation
At 1 April 2023
Additions
Valuation changes
Movement in cash balances
Disposals
6,466.745
990,552
513,848
2,152
6,468,897
990,552
513,848
5,599
(1,086.520)
5,599
(1,086,520)
At 31 March 2024
6,884,625
7,751
6,892,376
Carrylng amount
At 31 March 2024
6,884,625
7,751
6.892,376
At 31 March 2023
6,466,745
2,152
6,468,897
18 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
127,893
94,746
156,213
69,854
222.639
226,067
19 Credltors: amounts falling due within one year
2024
2023
Notes
Other taxation and social security
Deferred income
Other credito
Accruals
226,594
50,345
790
328,516
145,090
37.991
2.828
125.579
20
606.245
311.488
28-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Deferred income
2024
2023
Arising from Fundraising income re￿iVed in
advan
50,345
37,991
Deferred income is included in the financial ststements as follows-
2024
2023
Deferred income is included within:
Current liabilities
50,345
37,991
Movements in the year.
Deferred income at 1 April 2023
Released from previous periods
ResoLbrces deferred in the year
37,991
(37,991)
50.345
28,727
(28,727)
37,991
Deferred income at 31 March 2024
50.345
37,991
21 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in respecl of defined contribution schemes
269.669
238.256
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
-29-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Unrestricted funds - designatèd
These are unrestricted funds which are material to the charity's activities.
At 1 April
2023
Resources
expended
Transfers At 31 March
2024
Capital Development Fund
Employment Obligations Fund
Reflective Space Upgrade Fund
Designated Propety Funds
478,146
500,000
3,000
168,990
(11,935)
466.211
500,000
3,000
162,801
{6,189)
1,150.136
(18,124)
1,132,012
Prevlous yèar:
At 1 April
2022
Resources
expended
Transfèrs At 31 March
2023
Capital Development Fund
Employment Obligations Fund
Reflective Space Upgrade Fund
Designated Property Funds
544,306
500,000
3,000
175,404
111,935)
(54,2251
478,146
500,000
3.000
168,990
(6,414)
1,222,710
118,349)
154,2251
1,150,136
ital Develo
ment Fund
Provision has been made for the cost of upgrading the Hospice buildings, some of which are now over 30
years old. This fund was reduced by depreciation of £11.935 in Ihe year ended 31 March 2024.
Em
lo
rnent Obli
ations
Provision of £S00.000 was made in the year ended 31 March 2012 for potential redundancy liabilities and
other employment costs. This was deemed to be sufficient provision as at 31 March 2024 and will continue to
be reviewed annually.
Reflective S
aceu
rade Fund
Legacy received from Bishop Daly which has been set aside by the Trustees for the purposes of upgrading
the Chapel at the Hospice. These funds remain unspent as at 31 March 2024.
Desi
nated Pro
Fund
This fund represents capital expenditure on propety refurbishment, grounds development and other assets
used by the Hospice. The fund balance is equivalent to the depreciated historic cosl of the assets. A sum
equivalent to the depreciation charge on the assets will be allocated each year to the fvnd, in accordan￿ with
the depreciation policy until it is fully amortised.
-30-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Restricted funds
The restricted funds of thè charity comprise the unexpended balances of donations and grants held on trust
subject to specrfic conditions by donors as to how they may be used.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Education Fund
Healing Hearts Child
Bereavement
Healing Hearts- Shepherd's
Hut
Integrative Care Clinic
Compassionate Communities
Project
Department of Health Cancer
Charities Support Fund
Southern Sector
Additional Bedrooms
Dept for Communities-
Jobstsrt scheme
3,626
250
3,876
8,146
(8,146)
34,594
86,296
34,594
31,802
43,385
{107,034)
9,155
99.343
89,714
(80,102)
108,955
136,203
296,900
141,589
(191,560)
241,543
2,355
4,040
(139.234)
4,040
2,959
(2,959)
286,597
660,448
(337.475)
(182.405>
427,165
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
Education Fund
Healing Hearts Child
Bereavement
Integrative Care Clinic
Compassionate Communities
Project
Department of Health Can￿[
Charities Support Fund
In-Patient Unit Legacy
Additional Bedrooms
Dept for Communities -
Jobstart scheme
4,362
1,900
(2,636)
3,626
5,000
79.741
(5,000)
179,410)
43.054
43,385
96.177
84.976
{81.810)
99.343
87,407
21.889
4,040
183,025
(134,2291
(21,889)
136,203
4,040
44,746
(39,746)
15.000)
256,929
399,388
(364,720)
{5,000}
286,597
31

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Restrlcted funds
{Continued}
Nature of restricted funds:
Education Fund
Foyle Hospice receives donations specifically for the purposes of staff education. This can be used for
training staff across the organisation.
Healing Hearts Chlld Bereavement
Foyle Hospice receives donations which are specifically for the purposes of supporting its children's
bereavement service. This fund may be used to support staff cosls andlor projects associated with the
delivery of this service.
Inlegrative Care Cllnlc
Foyle Hospice has been awarded statutory funding through the Integrative Care Partnership to provide an
Integrative Care Clinic. At present this fijnding is non recurrent, but specifically for the purposes of staff costs
and other costs associated with providing this service three days per week.
Compasslonate Communities Project
Foyle Hospice has been awarded slatulory funding through Ihe Integrative Care Partnership lo provide a
Compassionate Communities service across the local area. At present Ihis funding has been confimied for
three years.
Departmenl of Health Cancer Charities Fund
Funding lowards an enhanced Community Specialist Palliative Care Service, adult and child pre and post
bereavement counselling services, carer support and wellbeing programme and online digital support.
In Patient Unit Legacy
This fund is part of a leg8cy donation, whereby the donor identified a specific apportionment should be
allocated towards providing seNices at the In Patient Unit.
Additional Bedrooms
This is an accumulation of donations collected from the local community to be used for the provision of two
additional bedrooms. Thè additional bedrooms are sel out as an objective within Foyle Hospice's Strategic
Plan 2018-22.
Dept for Communities - Job Start Scheme
Funding in respecl of the Jobslart Scheme to offer jobs to young people at risk of long-term unemployment.
Funding is used to create 6 month {or 9 months for young persons with disabilities) meaningful jobs for young
people aged 16-24. Foyle Hospice will help participants develop the skills and experience to find work after
completion of the scheme.
24 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donalions and grants which are
not subject lo specific conditions by donors and grantors as to how they may be used. These include
dèsignated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2023
Incorning
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2024
General funds
8,886,429
3.661,252
{4,193.577)
182,405
579,960
9,116.469
32-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Unrestricted funds
(Continued)
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2023
General funds
9,516,404
3,348,556
(3,727,102)
59,225
(310,6541
8,886,429
25 Analysis of net assets between funds
Unrestricted Unrestricted
funds
funds
general designated
2024
2024
Restricted
funds
Total
2024
2024
At 31 March 2024:
Tangible assets
Investmenls
Current asselsl(liabilities}
1,984,105
6.892,376
239,988
629,012
2,613,117
6,892,376
1,170.153
503,000
427,165
9,116,469
1.132,012
427,165
10,675,646
Unrestricted Unrestricted
funds
funds
general designated
2023
2023
Restricted
funds
Total
2023
2023
At 31 March 2023:
Tangible assets
Investments
Current 8ssetsl{liabilities)
2,047,768
6,468,897
369,764
647,136
2.694,904
6,468,897
1.159.361
503,000
286,597
8.886.429
1,150,136
286.597
10.323,162
26 Transfèrs between funds
During the year there have been Iransfers be￿een funds of:
£182.405 from restricted funds to unrestricted funds representing funding from Department of Health
Cancer Charities Fund {CFNI) received in respect of staffing and support costs for the In Patient Unit,
Day Therapy Unit and Homecare services,. and
£9.155 within restricted funds in respect of funding received from CFNI towards Integrative Care
Clinic slaffing and support costs.
27 Events after the reporting date
There have been no significant events affecting the Gharity since the reporting date.
28 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
-33-

FOYLE HOSPICE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
29 Cash generated from operations
2024
2023
Surpluslldeficit) for the year
352.680
1674,108)
Adjustmenls for:
Investment income recognised in stalemenl of financial activities
Foreign exchange diffèrences
{Gain)Iloss on disposal of investments
Fair value gains and losses on investments
Depreciation and impairment of tangible fixed assets
(55,357>
11961
{66.308)
1513,848)
87,367
170,682)
1,227
268,251
43,630
91,630
Movements in working capital=
Decrease in debtors
Increase in creditors
Increase in deferred income
3,428
282,403
12,354
111,859
37,683
9,264
Cash generaled fromllabsorbed by) operations
102,523
1181,246)
30 Analysis of changes In net funds
The charity had no material debt during the year.
31 Auditors. Ethical Standards
In common with many businesses of our size and nature we use our auditors to assist with the compilalion of
the stalulory financial statements.