THE MARTLETS HOSPICE LIMITED
Martlets provides the very best care and support to terminally ill people in Brighton and Hove, and surrounding areas. Most people receive expert care from us in their own homes. Outpatients visit our hospice for pain relief and practical advice, and we also have an 18-bed inpatient unit.
Financial health, per its FY2024 accounts
The accounts state that the charity is preparing its financial statements on a basis other than going concern because it is expected to be liquidated following an agreement to join St Barnabas Hospice. Despite this status, the group reported total unrestricted reserves of £10,914,329 and net current assets of £1,374,257 for the year ended 31 March 2024.
What the accounts disclose
“On the 1st February 2024 an agreement was reached to make the group part of St Barnabas Hospice meaning the company is expected to be liquidated in due course. Due to this the trustees have made the assessment that the financial statements are prepared on a basis other than going concern.” — page 18
“During the year The Martlets Trading Co Limited declared a gift aid payment of £196,421 (2023: £nil) to The Martlets Hospice Limited, its parent company.” — page 34
“This balance includes a loan of £125,000 due to The Martlets Hospice Limited. Interest of 0.75% per annum above LIBOR is payable on the loan balance.”
“During the year The Martlets Trading Co Limited declared a gift aid payment of £196,421 (2023: £nil) to The Martlets Hospice Limited, its parent company.” — page 34
“This balance includes a loan of £125,000 due to The Martlets Hospice Limited. Interest of 0.75% per annum above LIBOR is payable on the loan balance.”
“During the year The Martlets Trading Co Limited declared a gift aid payment of £196,421 (2023: £nil) to The Martlets Hospice Limited, its parent company.” — page 34
“This balance includes a loan of £125,000 due to The Martlets Hospice Limited. Interest of 0.75% per annum above LIBOR is payable on the loan balance.”
“During the year The Martlets Trading Co Limited declared a gift aid payment of £196,421 (2023: £nil) to The Martlets Hospice Limited, its parent company.” — page 34
“This balance includes a loan of £125,000 due to The Martlets Hospice Limited. Interest of 0.75% per annum above LIBOR is payable on the loan balance.”
“The Group consists of Martlets Hospice Limited and its two subsidiaries, The Martlets Trading Co Limited and Martlets Care Limited.” — page 18
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → not a going concern (FY2024).
Corporate structure
- Registered company of the charity Companies House 02326410
Company officers (Companies House)
- JOHNSON, Steven Robert not on trustee list
- BLATCHFORD, Karen Elizabeth on trustee list
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| NHS SUSSEX INTEGRATED CARE BOARD | AACC/CHC Fast-track Palliative End of Life Care Hospice Beds | — | — |
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (20/01/2025)
- Received assets from another charity (05/11/2015)
Trustees
- Karen Elizabeth Blatchford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | £14.1m | £13.5m |
| 31/03/2023 | £8.9m | £11.6m |
| 31/03/2022 | £10.3m | £10.4m |
| 31/03/2021 | £11.6m | £10.4m |
Common questions
Is THE MARTLETS HOSPICE LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity is preparing its financial statements on a basis other than going concern because it is expected to be liquidated following an agreement to join St Barnabas Hospice. Despite this status, the group reported total unrestricted reserves of £10,914,329 and net current assets of £1,374,257 for the year ended 31 March 2024. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds THE MARTLETS HOSPICE LIMITED?
Funders whose own accounts filings name THE MARTLETS HOSPICE LIMITED as a grant recipient include THE EDWARD GOSTLING FOUNDATION, THE WILL CHARITABLE TRUST, THE ERNEST KLEINWORT CHARITABLE TRUST, FRIENDS OF SUSSEX HOSPICES, THE THOMAS J HORNE MEMORIAL TRUST.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 4 | £49k |
| FRANK BRAKE CHARITABLE TRUST | 2 | £243k |
| THE ARDEOLA CHARITABLE TRUST | 2 | £22k |
| FRAZER TRUST | 2 | £16k |
| GOWLING WLG (UK) CHARITABLE TRUST | 2 | £4k |
| THE MASON BIBBY 1981 TRUST | 2 | £3k |
| THE HARRY & MARY FOUNDATION | 1 | £638k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £225k |
Charities like this
- FRIENDS OF BRIGHTON AND HOVE HOSPITALS
- PILGRIMS HOSPICES IN EAST KENT
- Weldmar Hospicecare
- MARTIN HOUSE
- HARLINGTON HOSPICE ASSOCIATION LIMITED
- THAMES HOSPICE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MARTLETS HOSPICE LIMITED | £14.1m | — | — | unclear | — | not going concern |
| FRIENDS OF BRIGHTON AND HOVE HOSPITALS | £79k | — | 0 | unclear | — | no doubt |
| PILGRIMS HOSPICES IN EAST KENT | £18.9m | £160,001 - £170,000 | — | above | 25.9% | no doubt |
| Weldmar Hospicecare | £12.4m | — | — | within | 29.9% | no doubt |
| MARTIN HOUSE | £17.0m | £100,001 - £110,000 | — | unclear | — | no doubt |
| HARLINGTON HOSPICE ASSOCIATION LIMITED | £6.2m | — | — | below | — | no doubt |