PROSPECT HOSPICE LIMITED

Registered charity 280093 · accounts filings on the Charity Commission register · also known as PROSPECT FOUNDATION LTD, PROSPECT HOSPICE

Prospect Hospice provides dedicated end of life care in the Swindon and Wiltshire areas. It supports patients in the purpose-built Hospice, and in people's own homes. All care is provided free of charge and is offered in partnership with community and hospital services.

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

Latest income
£8.7m
Latest spending
£9.0m
Registered
1980
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity finished the year with an actual deficit of £0.3m, having used £1m of reserves to bridge the gap between costs and income. Per the trustees' report, the funding model for hospices is described as broken, creating a high level of financial uncertainty until statutory funding changes occur. The trustees have set a minimum free reserves policy target of £1.1m, against which actual free reserves of £3.036m were held at year-end.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Community donations (70% of income)
“This year has seen our community come out in force to support the hospice, contributing £5.9m of our total annual income representing approximately 70% of the total income for the year.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £1.1m (held: £3.0m)
“The Trustees have assessed the risks and have set the minimum level of free reserves at £1.1m.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The trustees recognise that going concern continues to be a material uncertainty for the hospice over the longer term as it continues to navigate the path back to a recurring state of financial sustainability” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations
“One trustee made donations to the charity totalling £600 in the year (2024: nil). Beyond the transactions with its subsidiary, there were no further related party transactions during the year.” — page 44
“In the year, one trustee received £75 reimbursement of travel expenses (2024: nil).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses
“One trustee made donations to the charity totalling £600 in the year (2024: nil). Beyond the transactions with its subsidiary, there were no further related party transactions during the year.” — page 44
“In the year, one trustee received £75 reimbursement of travel expenses (2024: nil).”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Prospect Hospice Trading Limited
“The charity has a wholly owned trading subsidiary, Prospect Hospice Trading Limited, which is a retailer of new goods and operates the café within the Hospice.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

Public fundraising profile: JustGiving — Prospect Hospice (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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.

Property (HM Land Registry)

11 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Prospect Hospice Limited — Registered, 1 registered location, 3 regulated activities, last inspected 30/07/2021.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): instagram

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

Total income
£8.7m
Total spending
£9.0m
Cost of raising funds
£3.5m
Reserves (reported)
£3.0m
Employees
208

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 40.8% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees · trustee networks

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

Operates in: Swindon · Wiltshire

Income and spending

Financial year endIncomeSpending
31/03/2025£8.7m£9.0m
31/03/2024£7.4m£8.7m
31/03/2023£8.2m£7.6m
31/03/2022£7.2m£7.7m
31/03/2021£7.1m£7.4m

Common questions

Is PROSPECT HOSPICE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity finished the year with an actual deficit of £0.3m, having used £1m of reserves to bridge the gap between costs and income. Per the trustees' report, the funding model for hospices is described as broken, creating a high level of financial uncertainty until statutory funding changes occur. The trustees have set a minimum free reserves policy target of £1.1m, against which actual free reserves of £3.036m were held at year-end. Its FY2025 accounts were audited by Godfrey Wilson Limited.

Who funds PROSPECT HOSPICE LIMITED?

Funders whose own accounts filings name PROSPECT HOSPICE LIMITED as a grant recipient include THE PAUL JENNINGS AND JEANETTE DUNN CHARITABLE FOUNDATION, THE LITTLE ORCHARD CHARITABLE TRUST, THE JAMES TUDOR FOUNDATION, GERALD PALMER ELING TRUST COMPANY, THE OPENWORK FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PAUL JENNINGS AND JEANETTE DUNN CHARITABLE FOUNDATIONFY2022£50k
THE LITTLE ORCHARD CHARITABLE TRUSTFY2025£20ksupport end of life care services
THE JAMES TUDOR FOUNDATIONFY2025£15kHospice at home service.
GERALD PALMER ELING TRUST COMPANYFY2023£15k
THE OPENWORK FOUNDATIONFY2022£15kSponsored Grant
THE JAMES TUDOR FOUNDATIONFY2024£15k
THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDONFY2023£15k
THE PEWSEY AND DISTRICT FEAST AND CARNIVALFY2025£12k
THE OPENWORK FOUNDATIONFY2023£11kSponsored Grant
THE OPENWORK FOUNDATIONFY2021£10kSponsored Grant
THE THOMAS J HORNE MEMORIAL TRUSTFY2022£8k
THE THOMAS J HORNE MEMORIAL TRUSTFY2024£8k
THE THOMAS J HORNE MEMORIAL TRUSTFY2023£7k
THE HILARY AWDRY CHARITABLE TRUSTFY2024£5k
THE FRANCIS WINHAM FOUNDATIONFY2025£5k
THE FRANCIS WINHAM FOUNDATIONFY2024£5k
THE JAMES WEIR FOUNDATIONFY2022£5k
GERALD PALMER ELING TRUST COMPANYFY2025£5k
THE HILARY AWDRY CHARITABLE TRUSTFY2023£5k
GERALD PALMER ELING TRUST COMPANYFY2024£5k
THE WALTER GUINNESS CHARITABLE TRUSTFY2025£4k
THE INMAN CHARITYFY2024£4kSocial - Hospices
THE JAMES WEIR FOUNDATIONFY2021£3k
THE JAMES WEIR FOUNDATIONFY2023£3k
THE WALTER GUINNESS CHARITABLE TRUSTFY2024£3k
FRAZER TRUSTFY2024£2kHospitals and home (and connected activities)
FRAZER TRUSTFY2023£2kChildren
FRAZER TRUSTFY2025£2kHospitals and home (and connected activities)
THE LORD FARINGDON CHARITABLE TRUSTFY2023£2k
THE W H SMITH GROUP CHARITABLE TRUSTFY2021£1k
THE W H SMITH GROUP CHARITABLE TRUSTFY2023£1k
COLEFAX CHARITABLE TRUSTFY2025£1k
THE LORD FARINGDON CHARITABLE TRUSTFY2025£1k
THE LORD FARINGDON CHARITABLE TRUSTFY2024£1k
C A REDFERN CHARITABLE FOUNDATIONFY2025£1k
C A REDFERN CHARITABLE FOUNDATIONFY2022£1k
THE LORD FARINGDON CHARITABLE TRUSTFY2022£1k
THE MICHAEL AND ANNA WIX CHARITABLE TRUSTFY2026£200
THE THOMAS J HORNE MEMORIAL TRUSTFY2025£0
THE W H SMITH GROUP CHARITABLE TRUSTFY2024£0
C A REDFERN CHARITABLE FOUNDATIONFY2023—

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund05/10/2016£7kDiversity for Home Support Volunteer Service
The National Lottery Community Fund29/07/2015£9kExtending End-of-Life Care in the Community
The National Lottery Community Fund02/12/2004£1kSculpture Project

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ST CATHERINE'S HOSPICE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PROSPECT HOSPICE LIMITED£8.7m——unclear—noted
ST CATHERINE'S HOSPICE LIMITED FY2025£13.3m——unclear24.4%noted
WESTON HOSPICECARE LIMITED FY2025£6.2m——unclear—no doubt
Rowans Hospice FY2025£10.7m——above—no doubt
NORTH DEVON HOSPICE FY2025£7.0m——unclear—no doubt
TAMESIDE AND GLOSSOP HOSPICE LIMITED FY2025£3.6m——below—no doubt

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