SOBELL HOUSE HOSPICE CHARITY LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity holds approximately 16 months of free reserves against a policy target of 12 months of budgeted running costs, resulting in a strong financial position. Per the trustees' report, this surplus allows for a deficit budget in the coming year to support retail investment and project work. The auditor confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Two employees of the Charity received remuneration of £70,000 - £80,000 during the year (2024: one; £70,000 - £80,000).” — page 21
“Two employees of the Charity received remuneration of £70,000 - £80,000 during the year (2024: one; £70,000 - £80,000).” — page 21
“The Trustees consider that the appropriate level of free reserves is equivalent to 12 months of budgeted running costs, with a designated fund covering a reasonable period of budgeted grant costs. At 31st March 2025, the estimate of running costs for the next year is £3.2 million. The Charity therefore currently holds approximately 16 months of free reserves on this basis.” — page 6
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 2 (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/02/2025)
- Received assets from another charity (10/10/2024)
Trustees
- IAN MILESchair
- Bernard Gregory Birdseye
- Caroline Jones
- Dr Timothy Littlewood
- Duncan Crine
- Elizabeth Drew
- Graham Daniel Brown
- HUGH EVERARD DUNCAN FRASER
- Jane Maitland
- MICHAEL WELLS
- MR JOHN HOLLORAN
- SANDRA NASH
- Sarah Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.0m | £6.7m |
| 31/03/2024 | £4.3m | £5.9m |
| 31/03/2023 | £4.9m | £4.8m |
| 31/03/2022 | £3.3m | £3.5m |
| 31/03/2021 | £3.3m | £3.2m |
Common questions
Is SOBELL HOUSE HOSPICE CHARITY LIMITED financially healthy?
The accounts state that the charity holds approximately 16 months of free reserves against a policy target of 12 months of budgeted running costs, resulting in a strong financial position. Per the trustees' report, this surplus allows for a deficit budget in the coming year to support retail investment and project work. The auditor confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Wenn Townsend.
What does the highest-paid employee of SOBELL HOUSE HOSPICE CHARITY LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE IMP TRUST | 1 | £89k |
| Salisbury Hospice Charity Limited | 1 | £61k |
| WINCHESTER ROTARY CHARITABLE INCORPORATED ORGANISATION | 1 | £26k |
| THE VALENTINE CHARITABLE TRUST | 1 | £10k |
| COLWINSTON CHARITABLE TRUST | 1 | £8k |
| ELLINGHAM AND RINGWOOD AGRICULTURAL SOCIETY | 1 | £7k |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | 1 | £6k |
| LORD BARNBY'S FOUNDATION | 1 | £5k |