QCH Report FINAL V2 - Flipbook - Page 28
Queenscourt Hospice (Registered company number 2102320)
Notes to the Financial Statements
For the year ended 31 March 2024
4
Other Trading Activities
Queenscourt Hospice Enterprises Limited, a wholly owned subsidiary company, operates lotteries. The
Charity owns the issued share capital of 2 fully paid shares of £1 each (2023: 2 shares)
Queenscourt Hospice Retail Limited, a wholly owned subsidiary company, manages the charity shops.
The Charity owns the issued share capital of 92,000 fully paid shares of £1 each. (2023: 92,000 shares).
An analysis of Group fundraising income and expenditure is shown below:
Retail
2024
Lottery
2024
Support
Groups
and other
trading
2024
Group
Total 2024
Group
Total 2023
Income
Covenant Income
Recharges to Subsidiary
Total Fundraising Income
Sundry income
Commission - gift-aided sales
Recharge to charity
Deposit Interest
£
497,933
497,933
738
1,057
104,436
1,872
£
406,185
406,185
588
£
189,312
312,808
40,164
542,284
-
£
1,093,430
1,093,430
738
1,057
2,460
£
1,012,485
1,012,485
Sub total
606,036
406,773
542,284
1,097,685
1,014,257
(432,007)
(35,124)
(138,494)
(227,419)
(5,040)
(174,314)
(471,756)
-
(1,026,746)
-
(906,943)
-
411
-
70,528
70,939
107,314
-
-
-
-
-
411
-
70,528
70,939
107,314
1,103
14,503
Fundraising Trading Costs
Recharges from Parent
Covenanted to Charity
Net Profit
Tax charge
Profit after Tax
Reserves as at 31 March 2024
1,258
514
The Retail subsidiary has generated income of £26,112 (2023: £27,990) from gift aided donations.
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