QCH Report FINAL V2 - Flipbook - Page 45
Queenscourt Hospice (Registered company number 2102320)
Notes to the Financial Statements
For the year ended 31 March 2024
18
Movement in funds (continued)
The Big Give Campaign
This relates to funds raised through the Big Give campaign 2023 for improvements for the
comfort of patients and particularly for heating.
Bequest for purchase of a property for Retail or for generating rental income:
This fund is specifically for the purchase of retail property with the object of reducing the amount
spent on renting such property or the purchase of retail or residential property for the purposes
of generating income.
19
Contingent liabilities
The Charity has undertaken to repay any legitimate claims in respect of donated, unclaimed
client monies/bequests of £4,000 (2023: £35,215).
20
Contingent assets
Within the year there were material contingent assets of £76,000 (2023: £376,000) in respect
of legacies to which the charity has a future right to income, but which are contingent upon
certain legal processes completing in a future period. As such, the probability and
measurement of these legacies is not reliable enough to provide in full for these assets at this
point in time.
21
Capital commitments
At the year end Queenscourt Hospice had the following capital commitments:
GROUP
Authorised and contracted for
Authorised and not contracted for
CHARITY
Authorised and contracted for
Authorised and not contracted for
2024
2023
£
-
£
11,000
-
11,000
2024
2023
£
-
£
11,000
-
11,000
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