TRINITY HOSPICE AND PALLIATIVE CARE SERVICES LTD
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus before investment gains of £1,154,189 for the year ended 31 March 2024, with free reserves of £20,167,565 equating to 16 months of operating costs. However, the trustees anticipate operating at a financial deficit in the foreseeable future due to rising costs and funding pressures, noting that uncertainties surrounding financial markets could cause reserves to fall significantly.
What the accounts disclose
“That a minimum of 9 months operating costs, excluding depreciation be held in reserve” — page 14
“The charity owns the whole of the issued ordinary share capital of Trinity Hospice Trading Limited, a company incorporated in the United Kingdom (company number 02090725). The subsidiary is used for non-primary purpose trading, namely the sale of donated goods through its shops.” — page 45
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Trinity Hospice and Palliative Care Services Limited: Outstanding
Register events
- Received assets from another charity (12/11/2018)
- Received assets from another charity (09/03/2017)
Trustees
- Andrew Farnworth
- DAREN GUITE
- Dawn Hodgkins
- Dr ANTHONY NAUGHTON
- Dr STEPHEN DOEL
- GRAHAM WILKINSON
- Ian Fogg
- Ian Warren
- JEAN HUNTER
- Julie Huttley
- PETER AKROYD
- Philip Smith
- Steve O'Keeffe
- TRACY DEWHURST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £14.6m | £14.4m |
| 31/03/2024 | £13.8m | £12.7m |
| 31/03/2023 | £12.2m | £11.1m |
| 31/03/2022 | £10.5m | £9.9m |
| 31/03/2021 | £11.5m | £9.8m |
Common questions
Is TRINITY HOSPICE AND PALLIATIVE CARE SERVICES LTD financially healthy?
The accounts state that the charity achieved a net surplus before investment gains of £1,154,189 for the year ended 31 March 2024, with free reserves of £20,167,565 equating to 16 months of operating costs. However, the trustees anticipate operating at a financial deficit in the foreseeable future due to rising costs and funding pressures, noting that uncertainties surrounding financial markets could cause reserves to fall significantly. Its FY2024 accounts were audited by MHA.