ST. CATHERINE'S HOSPICE LIMITED

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

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Our five year forecasts have been reviewed in support of our strategic ambitions whilst modelling risk and cash management. We have acknowledged that the risks we now face are largely outside of our immediate control but have a significant impact on our ability to meet our ambitions whilst maintaining free reserves and cash management in the short to medium term. Following the organisational restructure in this financial year, we are now working on some key strategic aims to improve our operational performance through income generation, greater NHS partnerships and focus on our cost base, so we are able to build back our services to our communities and open our full bed capacity. Having reviewed and formally agreed the forecasts and cashflows prepared in September 2025, together with the Executive's business plan, the Trustees believe, to the best of their knowledge, that the charity remains a going concern for at least the 12-18 month period from the date of approval of the financial statements.”

Group structure

1. ST. CATHERINE'S HOSPICE LIMITED · parent
   1. St Catherine's Hospice Trading (Sussex) Limited 100% · England

Significant events

• “The last financial year has undoubtedly been the most challenging for St Catherine's Hospice, both for the charitable organisation itself and for all those who work within and support it.”
• “Recognising the need to adapt to these changing circumstances and with the predicted increase in demand implicit with the aging population (including the recurring theme of care in hospital corridors), we have worked closely with our NHS Commissioners and service delivery partners... to consider the future and reframe the model that the hospice moves to.”
• “Many valued colleagues have left us due to restructuring which has seen services reshaped and reduced.”
• “Our story broke on BBC TV and radio in September 2024. A story that has since been amplified through coverage on ITV, Sky News and in national press (Guardian) and many local press stories - again underpinned by support from Hospice UK.”
• “After a period of consultation between April and November 2024, it has become necessary to: Restructure our Community service offering; Close the Hospice at Home service; Reduce the operational hours of the advice line for patient, friends, family and carers; Restructure our Wellbeing and Therapies offering.”
• “We took the difficult decision in the early part of this financial year to carry out an organisational restructure, which also required changes in our service delivery model, with the removal of hospice at home and out of hours advice services for patients. Overall, we removed over 40 posts, which has saved approximately £0.9m in the year - the associated severance costs of £0.4m were funded from our designated reserve.”
• “We managed a difficult restructure across the organisation that saw us reduce our headcount by around 22% losing over 40 members of staff, with only 1 compulsory redundancy.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +19.9%

  £2,957,000 → £3,546,000

• Cash

  +0.3%

  £1,825,000 → £1,830,000

• Net assets

  -2.7%

  £30,492,000 → £29,668,000

• Employees

  -4.3%

  207 → 198

• Operating profit

  -164.3%

  £1,382,000 → -£889,000

• Wages

  +5%

  £8,325,000 → £8,744,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers