ST BENEDICT'S HOSPICE, SUNDERLAND
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £407,017 for the year ended 31 March 2023, a reversal from the previous year's surplus, due to the cessation of COVID support and deferred costs. Despite this deficit, the trustees confirm the charity has adequate resources to continue as a going concern, with unrestricted reserves of £1,463,198 held at year-end. The charity remains committed to fundraising to replace lost funds and expand its portfolio of activities.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DEREK MOSSchair
- Debbie Hackett
- JANICE MARGARET BRAY
- Joanne Cameron Williams
- Lisa Alcorn
- Marie Bainbridge
- Maureen Wren
- Philip Foster
- Stephen Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £2.2m |
| 31/03/2024 | £2.5m | £3.0m |
| 31/03/2023 | £1.8m | £2.2m |
| 05/04/2022 | £2.3m | £1.1m |
| 05/04/2021 | £1.4m | £778k |
Common questions
Is ST BENEDICT'S HOSPICE, SUNDERLAND financially healthy?
The accounts state that the charity reported a deficit of £407,017 for the year ended 31 March 2023, a reversal from the previous year's surplus, due to the cessation of COVID support and deferred costs. Despite this deficit, the trustees confirm the charity has adequate resources to continue as a going concern, with unrestricted reserves of £1,463,198 held at year-end. The charity remains committed to fundraising to replace lost funds and expand its portfolio of activities. Its FY2023 accounts were audited by Galley & Tindle Audit Limited.