EDEN VALLEY HOSPICE, CARLISLE
Financial health, per its FY2025 accounts
The accounts state that the charity entered the period with significant positive reserves and reported a surplus of £1,165,470 for the year ended 31 March 2025. Per the trustees' report, free reserves of £7,463,653 are equivalent to circa 15 months' operating costs, exceeding the stated policy target of 8 to 12 months. The trustees forecast a deficit for the upcoming year but designate £1 million in reserves to support the charity through anticipated medium-term deficits.
What the accounts disclose
“Our Reserves Policy aims for free reserves equivalent to 8 to 12 months’ operating costs.”
“One member of key management personnel's spouse is also employed by the charity, as a bank member of staff. Their remuneration in the year totalled £1,674 (2024: £1,668). One trustee was a partner at Muckle LLP, a local firm of solicitors. During the current year the LLP made a donation of £1,000 to the charity. During the previous year the LLP acted for the charity in respect of a land transaction, legal fees charged totalled £2,305.” — page 51
“The charity has one wholly owned subsidiary, Eden Valley Hospice (Shop) Limited which operates various retail outlets and a lottery.”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Eden Valley Hospice: Good
Register events
- Received assets from another charity (27/06/2025)
- Received assets from another charity (08/04/2021)
Trustees
- Ann Noblett
- Barrie Mark Scougal
- Gordon McGregor
- Gwyn Lishman
- Jill Johnston
- Mark Duffell
- Mark Linton Elliott
- Matt Hall
- Paul Agnew
- Professor Bronwyn Kerr
- Richard Nixon
- Wendy Round
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.5m | £5.3m |
| 31/03/2024 | £5.8m | £5.1m |
| 31/03/2023 | £7.9m | £5.9m |
| 31/12/2021 | £9.6m | £4.2m |
| 31/12/2020 | £5.1m | £3.8m |
Common questions
Is EDEN VALLEY HOSPICE, CARLISLE financially healthy?
The accounts state that the charity entered the period with significant positive reserves and reported a surplus of £1,165,470 for the year ended 31 March 2025. Per the trustees' report, free reserves of £7,463,653 are equivalent to circa 15 months' operating costs, exceeding the stated policy target of 8 to 12 months. The trustees forecast a deficit for the upcoming year but designate £1 million in reserves to support the charity through anticipated medium-term deficits. Its FY2025 accounts were audited by Saint & Co..