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THE NEW VICTORIA HOSPITAL LIMITED

Registered charity 1141784 · accounts filings on the Charity Commission register · also known as NVHL · filing overdue (register status)

The operation of The New Victoria Hospital, an independent hospital in Kingston upon Thames, Surrey.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£31.8m
Latest spending
£32.7m
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £186,000 for the year, resulting in unrestricted reserves falling to a deficit of £23,888,000. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to significant bank borrowings and a loan repayment due in November 2025, though they believe adequate funding is in place to meet these requirements.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £190,001 - £200,000 — in the top quarter for charities its size (median £130k)
“In the band £190,001 - £200,000” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-23.9m; policy: sufficient to fund capital expenditure, meet liabilities as and when they fall due, and provide an appropriate level of risk protection in the event of an unforeseen emergency)
“The reserves at 31 March 2024 were deficit of £23,888,000 (2023 - deficit of £ 33,902,000).”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to the going concern accounting policy on note 2.3 and the wording contained in the ‘Reserves and Going Concern’ section of the Trustees’ Annual Report, both of which indicate that there is a significant uncertainty on the charitable company’s ability to repay bank financing due for repayment in November 2025. This material uncertainty casts significant doubt on the charitable company’s ability to continue as a going concern beyond December 2025.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr Ball received £75,630 (salary and pension).
“Remuneration paid to Mr Ball in the year was £73,427 gross salary and £2,203 pension contribution totalling £75,630 (2023 £86,045). The other Trustees received no payment for their services during the year and were not reimbursed for any expenses.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from parent undertaking (The Victoria Foundation)
“The loan from the parent undertaking of £24,239,000 comprises a loan from The Victoria Foundation on its acquisition of the Company in January 2011 and subsequent increases to support the Hospital’s redevelopment and operational cash flow requirements.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Menzies LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook (1,217 followers) · instagram (1,153 followers)

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

Total income
£31.8m
Total spending
£32.7m
Reserves (reported)
£0
Employees
283

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Kingston Upon Thames

Income and spending

Financial year endIncomeSpending
31/03/2025£31.8m£32.7m
31/03/2024£31.8m£32.0m
31/03/2023£29.1m£29.6m
31/03/2022£25.1m£25.2m
31/03/2021£25.2m£21.6m

Common questions

Is THE NEW VICTORIA HOSPITAL LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £186,000 for the year, resulting in unrestricted reserves falling to a deficit of £23,888,000. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to significant bank borrowings and a loan repayment due in November 2025, though they believe adequate funding is in place to meet these requirements. Its FY2024 accounts were audited by Menzies LLP.

What does the highest-paid employee of THE NEW VICTORIA HOSPITAL LIMITED earn?

Per its FY2024 accounts, the highest-paid employee was in the £190,001 - £200,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE LINDER FOUNDATION1£38k
HUNTINGTONS DISEASE ASSOCIATION1£10k
THE ROSE FOUNDATION1£5k
THE TIM HENMAN FOUNDATION1£4k
The Patricia Routledge Foundation1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with QUEEN VICTORIA HOSPITAL NHS TRUST CHARITABLE FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NEW VICTORIA HOSPITAL LIMITED£31.8m£190,001 - £200,000—below—material uncertainty
QUEEN VICTORIA HOSPITAL NHS TRUST CHARITABLE FUND FY2025£253k—0unclear—no doubt
THE VICTORIA FOUNDATION FY2025£53.1m——above—no doubt
KINGSTON THEATRE TRUST FY2025£3.9m——unclear—material uncertainty
FRIENDS OF VICTORIA HOSPITAL WIMBORNE FY2025£308k—0unclear—no doubt
KINGSTON-UPON-THAMES UNITED CHARITIES FY2025£251k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.