SOUTHERN AREA HOSPICE SERVICES LTD
Latest income
£5.8m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net operational deficit of £122,731 for the year ended 31 March 2025, primarily due to a decrease in legacy income and higher-than-expected pay awards. Despite this deficit, the charity maintains a strong cash and investment position with unrestricted reserves of £10,251,006, which significantly exceeds its stated policy target of six months' operating costs. The trustees confirm that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
Related-party transaction: The subsidiary, Southern Area Hospice Services Lottery Limited, made a gift of £79,628 to the parent charity.
“In 2025 Southern Area Hospice Services Lottery Limited made a gift of £79,628 (2024: £81,150) to Southern Area Hospice Services Ltd.” — page 41
Per FY2025 accounts as filed with CCNI.
Reserves policy: six months’ operating costs (held: £10.3m)
“SAHS' policy is to continue to build reserves in order to maintain adequate cover for committed expenditure and the running costs for a period equivalent to six months’ operating costs” — page 16
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: Southern Area Hospice Services Lottery Limited
“The trading subsidiary of the charity, Southern Area Hospice Services Lottery Limited is incorporated in the United Kingdom” — page 34
Per FY2025 accounts as filed with CCNI.
Independent examiner: AAB Group Accountants Limited
Per FY2025 accounts as filed with CCNI.