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KATHARINE HOUSE HOSPICE

Registered charity 1011712 · accounts filings on the Charity Commission register · also known as KATHARINE HOUSE STAFFORD HOSPICE AT HOME

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Latest income
£9.2m
Latest spending
£8.7m
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £1,362,670 for the year ended 31 March 2024, with total income of £9,548,609 against total expenditure of £8,213,072. Per the trustees' report, free reserves stand at £6,792,498, which equates to 19 months of operating costs, significantly exceeding the stated policy target of six months. The trustees confirm sufficient liquidity to maintain operations over a medium term of three years despite forecasted budget deficits for the upcoming years.

What the accounts disclose

Reserves policy: six months’ running costs (held: £6.8m)
“The Trustees’ reserves policy is that in order to fulfil the Charity’s obligations to the communities it serves it is desirable for there to be unrestricted and undesignated funds (or free reserves) available as current assets, or investments, equivalent to six months’ running costs of the Charity; the minimum reserves should be two months’ running costs.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees, senior managers, and employees made donations, played the lottery, and bought goods from shops on an arm's length basis.
“During the year some of the Trustees, senior managers, and employees of all Group entities made donations to the Charity, played the lottery run by Local Hospice Lottery, and donated goods to and bought from the Charity’s shops. All these transactions were conducted on an arm’s length basis in support of the Charity.” — page 58
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Katharine House Hospice - Stafford (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£9.2m
Total spending
£8.7m
Cost of raising funds
£4.2m
Reserves (reported)
£7.0m
Employees
251

Reported reserves equal ~9.6 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Staffordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£9.2m£8.7m
31/03/2024£9.5m£8.2m
31/03/2023£8.6m£7.3m
31/03/2022£8.9m£6.6m
31/03/2021£8.3m£6.9m

Common questions

Is KATHARINE HOUSE HOSPICE financially healthy?

The accounts state that the charity reported a net surplus of £1,362,670 for the year ended 31 March 2024, with total income of £9,548,609 against total expenditure of £8,213,072. Per the trustees' report, free reserves stand at £6,792,498, which equates to 19 months of operating costs, significantly exceeding the stated policy target of six months. The trustees confirm sufficient liquidity to maintain operations over a medium term of three years despite forecasted budget deficits for the upcoming years. Its FY2024 accounts were audited by Crowe U.K. LLP.