QCH Report FINAL V2 - Flipbook - Page 44
Queenscourt Hospice (Registered company number 2102320)
Notes to the Financial Statements
For the year ended 31 March 2024
An analysis of Restricted Funds is shown below
Equipment
Others
Staff Benevolent Fund
Grounds, Furniture, Man Shed
Education Fund
Compassionate Communities
Training
Fixtures & Fittings
Bequest for purchase of a
property for Retail or for
generating rental income
Opening
balance
Income
Capital
Expenditure
Revenue
Expenditure
Closing
balance
£
11,897
12,247
37
1,993
34,816
£’000
13,260
8,741
2,000
-
£’000
-
£’000
(14,854)
(9,351)
(2,000)
(1,321)
(4,035)
£’000
10,303
11,637
37
672
30,781
12,300
-
-
-
12,300
7,646
74,232
-
(1,710)
80,168
245,000
-
-
-
245,000
325,936
98,233
-
(33,271)
390,898
Equipment:
This fund relates to monies received for the purchase of equipment for all areas of the Hospice.
Others:
Other service funds represent monies received for the provision of specific Hospice services.
Staff Benevolent Fund:
This fund relates to donations given specifically of the benefit of staff.
Grounds, Furniture, Man Shed:
This fund relates to funds received for the purchase and maintenance of garden equipment/furniture for
the Hospice.
Education Fund:
This fund is used to support staff in learning new skills, increase knowledge and skillsets to better meet
the needs of the communities and the Hospice.
Compassionate Communities Training:
This fund relates to training and supporting Compassionate Community Connectors who support the
wellbeing of their community through compassionate conversations and encouraging social
connections.
Fixtures & Fittings:
This fund relates to monies received for the purchase of fixtures and fittings for the Hospice.
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