WISDOM HOSPICE SUPPORT
The relief of sickness by the provision of funds to support the hospice care provided by The Friends of the Wisdom Hospice Limited
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £53,320 against total income of £671,776, resulting in unrestricted reserves of £396,570. The Trustees consider this level of reserves appropriate given future plans and the ongoing support of the parent undertaking. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees regard the level of unrestricted reserves in the charitable company at 31 March 2025 as an appropriate minimum level taking into accounts our future plans” — page 7
“As a subsidiary undertaking of Wisdom Hospice Charity the charitable company has taken advantage of the exemption in FRS 102 from disclosing transactions with the parent charitable company.” — page 26
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Tessa Phyllis Sillarschair
- Nigel Christopher John Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £672k | £618k |
| 31/03/2024 | £539k | £478k |
| 31/03/2023 | £404k | £408k |
| 31/03/2022 | £417k | £242k |
| 31/03/2021 | £309k | £275k |
Common questions
Is WISDOM HOSPICE SUPPORT financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £53,320 against total income of £671,776, resulting in unrestricted reserves of £396,570. The Trustees consider this level of reserves appropriate given future plans and the ongoing support of the parent undertaking. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by UHY Hacker Young.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOWLING WLG (UK) CHARITABLE TRUST | 2 | £4k |
| THE MICHAEL AND ANNA WIX CHARITABLE TRUST | 2 | £400 |
| THE EDWARD GOSTLING FOUNDATION | 1 | £1.5m |
| FRANK BRAKE CHARITABLE TRUST | 1 | £190k |
| THE GRANT FOUNDATION | 1 | £160k |
| THE SHANLY FOUNDATION | 1 | £128k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £80k |
| THE CAMELLIA FOUNDATION | 1 | £78k |
Charities like this
- Wisdom Hospice Charity
- Birmingham Hospice
- FOUNDATION FOR DEVELOPING COMPASSION AND WISDOM
- HOSPICE AID UK
- THE CONGREGATION OF THE DAUGHTERS OF WISDOM
- DENNIS WISE IN THE COMMUNITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WISDOM HOSPICE SUPPORT | £672k | — | 0 | above | — | no doubt |
| Wisdom Hospice Charity | £2.1m | — | 0 | unclear | — | no doubt |
| Birmingham Hospice | £19.1m | £90,001 - £100,000 | — | above | — | no doubt |
| FOUNDATION FOR DEVELOPING COMPASSION AND WISDOM | £110k | — | 0 | unclear | — | no doubt |
| HOSPICE AID UK | £115k | — | 0 | unclear | — | no doubt |
| THE CONGREGATION OF THE DAUGHTERS OF WISDOM | £1.1m | — | — | above | — | no doubt |