BAY HOSPITALS CHARITY
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £3,061,689 at the end of the financial year, up from £2,956,000 the previous year. The charity reported a net income surplus of £106,000, driven by total incoming resources of £828,219 against total expenditure of £722,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Bay Hospitals Charity is managed by the Corporate Trustee which is also the Board of Directors of the University Hospitals of Morecambe Bay NHS Foundation Trust which is the main beneficiary of the Charity. During the year the Charity made revenue and capital payments to the NHS Foundation Trust and these are detailed in note 5.” — page 25
“No members of staff are employed directly by the Charity, salary costs in respect of financial management and administration are recharged by University Hospitals of Morecambe Bay NHS Foundation Trust. The recharge is based on time spent on work related to the Charity.” — page 26
“Bay Hospitals Charity is managed by the Corporate Trustee which is also the Board of Directors of the University Hospitals of Morecambe Bay NHS Foundation Trust which is the main beneficiary of the Charity. During the year the Charity made revenue and capital payments to the NHS Foundation Trust and these are detailed in note 5.” — page 25
“No members of staff are employed directly by the Charity, salary costs in respect of financial management and administration are recharged by University Hospitals of Morecambe Bay NHS Foundation Trust. The recharge is based on time spent on work related to the Charity.” — page 26
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (02/08/2024)
- Received assets from another charity (06/06/2023)
- Received assets from another charity (06/06/2018)
- Received assets from another charity (07/06/2017)
Trustees
- UNIVERSITY HOSPITALS OF MORECAMBE BAY NHS TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £828k | £723k |
| 31/03/2024 | £1.7m | £742k |
| 31/03/2023 | £965k | £759k |
| 31/03/2022 | £773k | £566k |
| 31/03/2021 | £631k | £626k |
Common questions
Is BAY HOSPITALS CHARITY financially healthy?
The accounts state that total net assets increased to £3,061,689 at the end of the financial year, up from £2,956,000 the previous year. The charity reported a net income surplus of £106,000, driven by total incoming resources of £828,219 against total expenditure of £722,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Rawcliffe & Co Chartered Accountants.
Who funds BAY HOSPITALS CHARITY?
Funders whose own accounts filings name BAY HOSPITALS CHARITY as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WITH HOLY TRINITY ULVERSTON.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WITH HOLY TRINITY ULVERSTON | FY2021 | £117 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £980k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £600k |
| BUKHMAN FOUNDATION | 1 | £200k |
| THE HEADLEY TRUST | 1 | £100k |
| The Greaves & Withey Foundation | 1 | £100k |
| THE RAYNE FOUNDATION | 1 | £90k |
| DAVID PEARLMAN CHARITABLE FOUNDATION | 1 | £20k |
| THE PENNIES FOUNDATION | 1 | £17k |