ST CUTHBERT'S HOSPICE, DURHAM
Financial health, per its FY2023 accounts
The accounts state that unrestricted free reserves stood at £1.28 million after excluding designated funds, which is above the trustees' agreed policy target of £1.05 million. The charity reported a net income of £4.25 million against expenditure of £4.19 million, resulting in a surplus for the year. The trustees confirmed adequate resources to continue as a going concern.
What the accounts disclose
“The Hospice has a dormant subsidiary company, The Park House Company Durham Ltd.” — page 12
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- St Cuthbert's Hospice: Requires improvement
Trustees
- ANGELA LAMBchair
- Dr Angela Galloway
- Dr Karen Roberts
- Duncan Allen
- George Bell
- Joanne Bell
- Karen Forsyth
- Richard James Painter
- Robert Williams
- Susan Butler
- Victoria Walton
- Wendy Hall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.8m | £4.8m |
| 31/03/2024 | £4.2m | £4.7m |
| 31/03/2023 | £4.3m | £4.2m |
| 31/03/2022 | £3.3m | £3.4m |
| 31/03/2021 | £3.4m | £3.3m |
Common questions
Is ST CUTHBERT'S HOSPICE, DURHAM financially healthy?
The accounts state that unrestricted free reserves stood at £1.28 million after excluding designated funds, which is above the trustees' agreed policy target of £1.05 million. The charity reported a net income of £4.25 million against expenditure of £4.19 million, resulting in a surplus for the year. The trustees confirmed adequate resources to continue as a going concern. Its FY2023 accounts were audited by Ribchesters Group Limited.