ST. GILES HOSPICE

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  5 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Our Trustees have concluded that there are no material uncertainties that call into doubt the charity's ability to continue. The financial statements have therefore been prepared on the basis that the charity is a going concern.”

Group structure

1. ST. GILES HOSPICE · parent
   1. St. Giles Hospice (Promotions) Limited 100% · Operates a lottery to raise funds for the charity
   2. St. Giles Hospice Shops Limited 100% · Operates charity shops selling bought in goods to raise funds for the charity
   3. Walsall Hospice Trading Limited 100% · Dormant

Significant events

• “In 2024/2025, the Board and the ELT focused on the financial sustainability of the charity, the continuous challenges as a result of the cost-of-living crisis and additional financial challenges facing the hospice group with effect from April 2025 due to the General Election/change in Government. There were three extra-ordinary Board meetings in this financial year.”
• “It was therefore necessary in 2024/2025 to address the hospice's budgeted £1.5 million operational deficit position, and we launched a Transformation Programme with the aim of reducing the deficit by £1m in the 2024/25 year.”
• “During 2024/2025 and following careful consideration and consultation through our Transformation Programme, we consolidated our services to focus on our core specialist palliative care provision. This consolidation led to a change in our Inpatient Unit bed provision, moving from 23 beds to 15... Though these changes have led to significant efficiencies in our services, they also sadly resulted in the loss of valued and much-loved colleagues, with 23 redundancies made during this time.”
• “In January 2025 a new St Giles website was launched with the functionality to enable incoming referrals to be sent electronically.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +12.1%

  £5,901,571 → £6,614,336

• Net assets

  -1.6%

  £20,876,234 → £20,550,124

• Employees

  -10.3%

  292 → 262

• Wages

  -7.3%

  £7,461,108 → £6,918,993

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers