QCH Report FINAL V2 - Flipbook - Page 23
Queenscourt Hospice (Registered company number 2102320)
Notes to the Cash Flow Statement
For the year ended 31 March 2024
1. Reconciliation of net income/(expenditure) to net cash flow from operating activities
2024
Net income/(expenditure) for the reporting period (as per the
statement of financial activities)
Adjustments for:
Depreciation charges
(Increase)/Decrease in debtors
(Increase)/ Decrease in stock
Increase / (Decrease) in creditors
Net cash provided by (used in) operating activities
2023
£
(799,493)
£
(752,946)
137,901
(90,446)
504
(437,324)
155,664
(287,340)
423
709,297
(1,188,858)
(174,902)
2024
2023
2. Reconciliation of net cash flow to movement in net funds
£
(88,858)
Cash outflow / (inflow)
£
(224,459)
Movement in net funds
Net funds at 1 April 2023
(88,858)
1,458,322
(224,459)
1,682,781
Net funds at 31 March 2024
1,369,464
1,458,322
At 1 April
2023
Cashflow
£
1,458,322
£
(88,858)
At 31
March
2024
£
1,369,464
1,458,322
(88,858)
1,369,464
3. Analysis of net funds
Cash at bank and in hand
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