Wisdom Hospice Charity
The main objective of the Charity is to promote the relief of suffering and treatment of illness in the Medway and Swale areas. The Charity makes an annual grant to Medway Community Healthcare to not only ensure that the current services of The Wisdom Hospice are maintained but, where possible, to continually improve upon those services.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £2,310,516, with the Trustees regarding this as an appropriate level to maintain financial support for the hospice. The group reported a net income increase to £2,124,123, driven largely by a significant rise in legacy income, while operating costs rose to £1,768,306. The Trustees confirmed adequate resources for the foreseeable future, adopting the going concern basis despite ongoing economic challenges.
What the accounts disclose
“The charitable company has one subsidiary undertaking, Wisdom Hospice Support, which is a separate registered charity.” — page 5
Leadership, per the charity’s website
- Andy Gray — Director
- Victoria Brown — Director
- Nigel Wright — Director
- Bob Coleman — Director
- Emma Bowler — Director
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/04/2024)
- Received assets from another charity (15/02/2023)
Trustees
- Victoria WEBSTERchair
- Andrew Gray
- Avis Margaret Brett
- Emma Bowler
- Nigel Christopher John Wright
- ROBERT FREDERICK COLEMAN
- Victoria Naomi Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £1.8m |
| 31/03/2024 | £1.4m | £1.5m |
| 31/03/2023 | £1.1m | £1.3m |
| 31/03/2022 | £1.2m | £1.2m |
| 31/03/2021 | £1.4m | £1.2m |
Common questions
Is Wisdom Hospice Charity financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £2,310,516, with the Trustees regarding this as an appropriate level to maintain financial support for the hospice. The group reported a net income increase to £2,124,123, driven largely by a significant rise in legacy income, while operating costs rose to £1,768,306. The Trustees confirmed adequate resources for the foreseeable future, adopting the going concern basis despite ongoing economic challenges. Its FY2025 accounts were audited by UHY Hacker Young.
Who funds Wisdom Hospice Charity?
Funders whose own accounts filings name Wisdom Hospice Charity as a grant recipient include WISDOM HOSPICE SUPPORT, THE THOMAS J HORNE MEMORIAL TRUST, THE WILLIE AND MABEL MORRIS CHARITABLE TRUST.
Shared trustees with funders
- Nigel Christopher John Wright — trustee here and at WISDOM HOSPICE SUPPORT
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WISDOM HOSPICE SUPPORT | FY2023 | £90k | |
| WISDOM HOSPICE SUPPORT | FY2022 | £50k | |
| WISDOM HOSPICE SUPPORT | FY2024 | £50k | Donation to The Friends of the Wisdom Hospice |
| THE THOMAS J HORNE MEMORIAL TRUST | FY2023 | £8k | |
| THE THOMAS J HORNE MEMORIAL TRUST | FY2022 | £8k | |
| THE WILLIE AND MABEL MORRIS CHARITABLE TRUST | FY2025 | £500 | |
| THE THOMAS J HORNE MEMORIAL TRUST | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 2 | £2k |
| THE REED FOUNDATION | 1 | — |
| THE WOLFSON FOUNDATION | 1 | £80k |
| THE CAMELLIA FOUNDATION | 1 | £78k |
| Salisbury Hospice Charity Limited | 1 | £61k |
| CONSTRUCTION INDUSTRY RELIEF, ASSISTANCE AND SUPPORT FOR THE HOMELESS AND HOSPICES LIMITED | 1 | £50k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £46k |
| THE VALENTINE CHARITABLE TRUST | 1 | £25k |
Charities like this
- WISDOM HOSPICE SUPPORT
- CHONYI WISDOM CHARITY
- Salisbury Hospice Charity Limited
- COMMUNITY WISE
- WIGAN AND LEIGH HOSPICE
- WISDOM HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Wisdom Hospice Charity | £2.1m | — | 0 | unclear | — | no doubt |
| WISDOM HOSPICE SUPPORT | £672k | — | 0 | above | — | no doubt |
| CHONYI WISDOM CHARITY | £279k | — | 0 | above | — | no doubt |
| Salisbury Hospice Charity Limited | £2.7m | — | 0 | above | — | no doubt |
| COMMUNITY WISE | £145k | — | 0 | unclear | — | no doubt |
| WIGAN AND LEIGH HOSPICE | £7.2m | — | — | within | — | no doubt |