HOSPICE OF THE VALLEYS
To provide a community Hospice and specialist palliative care service to the population of Blaenau Gwent.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £348,930 for the year ended 31 March 2025, driven by a loss on investment assets of £170,439 and total expenditure exceeding income. Per the trustees' report, unrestricted reserves stood at £353,364, which is below the stated policy target of maintaining reserves sufficient to cover 9 to 12 months of running costs. The trustees note a cash reserves deficit of £2.2m against required liquidity but confirm the ability to liquidate the investment portfolio to meet obligations.
What the accounts disclose
“Reserves will be maintained at levels sufficient to maintain services for between 9 and 12 months in accordance with the following procedure” — page 16
Funders the charity credits
- Thomas Roberts Trust
- Beaufort Hill Miners Welfare Club Trust
- The February Foundation
- Ecclesiastical Movement for Good
- Edgar J Lawley Foundation
- The GC Gibson Charitable Trust
- The Hodge Foundation
- Masonic Freemasons Grand Charity
- The Health Foundation
- The Sun Readers Fund
- The Sir Jules Thorne Charitable Trust
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Michael Bobbettchair
- Andrew Cooper
- Dr Arthur Frank Turner
- Dr Joshua Thomas-Parr
- Dr Michael Jean Childs
- Mathew Morris-Parker
- Rhys Hutchings
- Verly Louise Inglis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.3m |
| 31/03/2024 | £1.8m | £2.1m |
| 31/03/2023 | £1.9m | £2.1m |
| 31/03/2022 | £1.7m | £2.0m |
| 31/03/2021 | £1.9m | £1.8m |
Common questions
Is HOSPICE OF THE VALLEYS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £348,930 for the year ended 31 March 2025, driven by a loss on investment assets of £170,439 and total expenditure exceeding income. Per the trustees' report, unrestricted reserves stood at £353,364, which is below the stated policy target of maintaining reserves sufficient to cover 9 to 12 months of running costs. The trustees note a cash reserves deficit of £2.2m against required liquidity but confirm the ability to liquidate the investment portfolio to meet obligations. Its FY2025 accounts were audited by HSJ Audit Limited.
Who funds HOSPICE OF THE VALLEYS?
Funders whose own accounts filings name HOSPICE OF THE VALLEYS as a grant recipient include MOONDANCE FOUNDATION, THE ORR MACKINTOSH FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOONDANCE FOUNDATION | FY2023 | £29k | |
| MOONDANCE FOUNDATION | FY2022 | £25k | Health |
| THE ORR MACKINTOSH FOUNDATION LIMITED | FY2023 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANCIS WINHAM FOUNDATION | 2 | £43k |
| THE HOBSON CHARITY LIMITED | 2 | £12k |
| THE OAKDALE TRUST | 2 | £5k |
| THE MASON BIBBY 1981 TRUST | 2 | £3k |
| LINGEN DAVIES CANCER FUND CHARITABLE INCORPORATED ORGANISATION | 1 | £38k |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | 1 | £27k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £27k |
| THE EDWINA MOUNTBATTEN AND LEONORA CHILDREN'S FOUNDATION | 1 | £20k |
Charities like this
- ST DAVID'S FOUNDATION HOSPICE CARE
- SEVERN HOSPICE LIMITED
- EDEN VALLEY HOSPICE, CARLISLE
- ST LUKE'S HOSPICE (BASILDON AND DISTRICT) LIMITED
- SPRINGHILL HOSPICE (ROCHDALE)
- TRINITY HOSPICE AND PALLIATIVE CARE SERVICES LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOSPICE OF THE VALLEYS | £2.1m | — | — | unclear | — | no doubt |
| ST DAVID'S FOUNDATION HOSPICE CARE | £9.3m | — | — | above | 26.0% | no doubt |
| SEVERN HOSPICE LIMITED | £16.2m | — | — | within | 16.0% | no doubt |
| EDEN VALLEY HOSPICE, CARLISLE | £6.5m | — | — | unclear | — | no doubt |
| ST LUKE'S HOSPICE (BASILDON AND DISTRICT) LIMITED | £16.1m | — | 4 | unclear | 80.0% | no doubt |
| SPRINGHILL HOSPICE (ROCHDALE) | £6.4m | £100,001 - £110,000 | — | unclear | — | no doubt |