Annual Report and Financial Statements
Children's Hospice South West Annual Report and Financial Statements for the year ended 31 March 2020.
Children's Hospice South West Annual Report and Financial Statements for the year ended 31 March 2020.
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<strong>Financial</strong> statements<br />
<strong>Financial</strong> statements<br />
During the year, redundancy <strong>and</strong> settlement payments were made totalling £10,885 (2018-19: £18,493).<br />
At 31 March 2020, the payments outst<strong>and</strong>ing were £nil (2018-19: £3,150).<br />
9 Trustees remuneration <strong>and</strong> other related party transactions<br />
None of the Trustees received emoluments or benefits in kind during the year in respect of their duties as a<br />
Trustee (2018-19: nil). Six of the Trustees received reimbursement of expenses in the year of £2,602 (2018-<br />
19: four Trustees £1,004) for travel. During the year the charity recharged expenses of £101,667 (2018-<br />
19: £107,424) to C H S W Promotions Limited <strong>and</strong> remittances were £114,179 (2018-19: £91,509). The<br />
amount due from C H S W Promotions at the year end was £32,532 (2018-19: £45,044) which is included in<br />
debtors. Included within this debtor is management recharges of £101,667 (2018-19: £89,520).<br />
10 Net (expenditure) / income for the year<br />
The net (expenditure) / income is stated after charging:<br />
Total 2020 (£) Total 2019 (£)<br />
Depreciation <strong>and</strong> amortisation of owned tangible<br />
<strong>and</strong> intangible fixed assets<br />
1,131,716 1,102,457<br />
Loss/(profit) on disposal of fixed assets — 8,126<br />
Operating lease rentals 786,604 731,866<br />
Auditor's remuneration - audit fees 15,679 18,087<br />
- other fees 5,803 787<br />
11 Tangible fixed assets - charity <strong>and</strong> group<br />
Freehold<br />
l<strong>and</strong> <strong>and</strong><br />
properties<br />
(£)<br />
Leasehold<br />
property<br />
(£)<br />
Motor<br />
vehicles<br />
(£)<br />
Office<br />
furniture /<br />
equipment<br />
(£)<br />
Fittings<br />
<strong>and</strong> other<br />
equipment<br />
(£)<br />
Total<br />
(£)<br />
Cost:<br />
At 1 April 2019 21,626,144 587,109 266,347 957,637 2,581,338 26,018,575<br />
Additions 50,015 59,736 17,128 212,847 495,462 835,188<br />
Disposals - (361) — (85,483) (23,243) (109,087)<br />
At 31 March 2020 21,676,159 646,484 283,475 1,085,001 3,053,557 26,744,676<br />
Depreciation:<br />
At 1 April 2019 1,694,696 214,056 209,366 682,978 1,767,345 4,568,441<br />
Charged in<br />
the year<br />
463,057 91,415 27,305 158,309 256,391 996,477<br />
Disposals — (361) — (85,483) (23,243) (109,087)<br />
At 31 March 2020 2,157,753 305,110 236,671 755,804 2,000,493 5,455,831<br />
Net book value:<br />
At 31 March 2020 19,518,406 341,374 46,804 329,197 1,053,064 21,288,845<br />
At 31 March 2019 19,931,448 373,053 56,981 274,659 813,993 21,450,134<br />
Children’s Hospice South West - <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Financial</strong> <strong>Statements</strong> for the year ended 31 March 2020<br />
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