PORTSMOUTH HOSPITALS CHARITY
Funds are held for any charitable fund purpose or purposes relating to the services provided by Portsmouth Hospitals NHS Trust.
Financial health, per its FY2025 accounts
The accounts state that total income increased by approximately 8% to £963,000, while charitable expenditure rose significantly to £1,280,000, resulting in a net decrease in net assets of £379,000. The charity maintains unrestricted and designated reserves of £2,786,000, which exceeds its stated policy target of a minimum £1 million, ensuring adequate resources to continue operations. The independent auditors confirmed that the financial statements give a true and fair view and found no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“A minimum free reserve of £1 million should be retained in unrestricted & designated funds to provide continuity for achievement of Charity objectives in the event of income fluctuations.”
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (14/11/2019)
Trustees
- PORTSMOUTH HOSPITALS N H S TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £963k | £1.3m |
| 31/03/2024 | £891k | £958k |
| 31/03/2023 | £1.2m | £1.3m |
| 31/03/2022 | £1.2m | £716k |
| 31/03/2021 | £922k | £1.8m |
Common questions
Is PORTSMOUTH HOSPITALS CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that total income increased by approximately 8% to £963,000, while charitable expenditure rose significantly to £1,280,000, resulting in a net decrease in net assets of £379,000. The charity maintains unrestricted and designated reserves of £2,786,000, which exceeds its stated policy target of a minimum £1 million, ensuring adequate resources to continue operations. The independent auditors confirmed that the financial statements give a true and fair view and found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds PORTSMOUTH HOSPITALS CHARITY?
Funders whose own accounts filings name PORTSMOUTH HOSPITALS CHARITY as a grant recipient include ASSOCIATION OF NHS CHARITIES, YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION, THE WOODWARD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ASSOCIATION OF NHS CHARITIES | FY2021 | £641k | Grants to members |
| ASSOCIATION OF NHS CHARITIES | FY2023 | £30k | Grants awarded 2023 |
| ASSOCIATION OF NHS CHARITIES | FY2022 | £5k | Grant |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | FY2025 | £3k | |
| THE WOODWARD CHARITABLE TRUST | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £100k |
| THE HARRY & MARY FOUNDATION | 1 | £55k |
| PETER HARRISON FOUNDATION | 1 | £20k |
| THE GEOFF & FIONA SQUIRE FOUNDATION | 1 | £5k |
Charities like this
- BRADFORD HOSPITALS CHARITY
- HAMPSHIRE HOSPITALS CHARITY
- STOCKPORT NHS FOUNDATION TRUST GENERAL FUND
- SHERWOOD FOREST HOSPITALS GENERAL CHARITABLE FUND AND OTHER RELATED CHARITIES
- MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND
- PLYMOUTH HOSPITALS GENERAL CHARITY AND OTHER RELATED CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PORTSMOUTH HOSPITALS CHARITY | £963k | — | 0 | unclear | — | no doubt |
| BRADFORD HOSPITALS CHARITY | £357k | — | 0 | unclear | — | no doubt |
| HAMPSHIRE HOSPITALS CHARITY | £821k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| STOCKPORT NHS FOUNDATION TRUST GENERAL FUND | £930k | — | 0 | above | — | no doubt |
| SHERWOOD FOREST HOSPITALS GENERAL CHARITABLE FUND AND OTHER RELATED CHARITIES | £519k | — | 0 | unclear | — | no doubt |
| MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND | £253k | — | 0 | above | — | no doubt |