"FIVE TOWNS PLUS" HOSPICE FUND LIMITED(THE)

• ◆

  3 officer resignations in last 12 months

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

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

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and not less than one year from the date of approval. The Trustees are constantly monitoring the financial position of the charity and the ongoing uncertain situation in respect of the economic environment. The charity has no borrowings and there is ongoing work with system partners on sustainable funding for the Hospice. The Charity has a number of ongoing grants, contracts and legacy notifications. Even with forecasting for donations to be reduced and costs to be higher, we are confident the Hospice has sufficient reserves for the current economic environment.”

Group structure

1. "FIVE TOWNS PLUS" HOSPICE FUND LIMITED(THE) · parent
   1. The Five Towns Plus Hospice Trading Limited 100% · England & Wales · Commercial and catering
   2. The Five Towns Plus Hospice Shops Limited 100% · England & Wales · Dormant

Significant events

• “Our 136 solar panels fitted in 2023 continue to generate electricity, both benefiting the hospice and returning power to the national grid.”
• “Leased an electric van as we considered this the most environmental ways to deliver our catering and fundraising operations.”
• “Our retail operation saved 450 tonnes of unwanted and donated items from going to landfill.”
• “Implemented phase 2 of a garden project with private patio areas outside 8 of our Incare rooms and developed a communal area in the garden for socialising.”
• “We continue to develop our patient database, SystmOne, which went live in 2023. We continue to develop the system with plans for e-prescribing, diagnostic results and pharmacy to be implemented by 2026.”
• “Continued to offer high-value qualifications, with four members of staff undertaking apprenticeships during the year.”
• “Completed a review of staff terms and conditions, which saw an increase in the Hospice's employer pension contribution with effect from 1 April 2024.”
• “Launched new recruitment software to speed up recruitment of staff and volunteers.”
• “Undertook a review of volunteering at the Hospice, successfully securing funding for a Volunteer Officer during the year.”
• “A recurrent uplift of £70,000 per annum for extending our Incare ward to 14 rooms.”
• “A recurrent £200,000 uplift to our core grant from 1 April 2024, with a further recurrent £200,000 uplift from 1 April 2025.”
• “A £35,000 uplift in the Bereavement Contract to employ a part-time Counsellor.”
• “A £32,000 uplift in the Lymphoedema contract to employ a Nursing Associate and to issue all repeat garments.”
• “The Prince of Wales Hospice share of this funding will be £239,000 in 2024-2025 and £139,000 from April 2025.”
• “The Hospice awarded a 4% pay increase in April 2024 increase to ensure we continued to be able to recruit to roles across the Hospice and continue to provide our services.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +15.2%

  £4,226,860 → £4,869,240

• Cash

  -30.1%

  £2,032,608 → £1,420,254

• Net assets

  -9.4%

  £5,589,902 → £5,063,286

• Employees

  +19.2%

  130 → 155

• Profit before tax

  +27.6%

  -£732,024 → -£530,240

• Wages

  +13%

  £2,884,940 → £3,260,758

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