ROWANS HOSPICE

1. ROWANS HOSPICE 2018-09-14 → present
2. THE ROWANS HOSPICE 2002-10-22 → 2018-09-14
3. PORTSMOUTH AREA HOSPICE 1988-07-07 → 2002-10-22

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

Hopper Williams & Bell Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are satisfied that Rowans Hospice is a Going Concern; the Hospice is holding sufficient reserves at the year end and, having considered the impact of a 10% drop in income, they are satisfied that the Charity will be able to continue to operate for at least 18 months from the signing of these accounts.”

Group structure

1. ROWANS HOSPICE · parent
   1. The Rowans Hospice Trading Company 100% · Operates selling new goods from the Hospice retail outlets and two coffee shops for staff and visitors.

Significant events

• “Financial year 2024/25 was one of the most challenging, with an anticipated deficit budget of £1.1m due to rising staff costs and overheads, leading to service and process reviews and staff redundancies.”
• “Deborah Paris took on the role of Executive Chairman (unremunerated) in March 2024, with Iain Cameron appointed Chief Executive in July 2024.”
• “Collaborative agreement formed with St. Michael's Hospice in July 2024 to share a Chief Executive and increase efficiencies.”
• “Decision taken to reduce the number of in-patient beds from 19 to 16 in August 2024 to maintain quality and staffing levels within financial means.”
• “Secretary of State for Health and Social Care announced a £100m funding programme for hospices for capital projects, easing budgetary pressure.”
• “Confirmation of a substantial uplift in funding from the Integrated Care Board (ICB), securing a three-year contract to cover 22% of running costs.”
• “The Hospice was rated 'Outstanding' by the Care Quality Commission in April 2025 following an unannounced inspection in February 2025.”
• “Majority of investment portfolio with CCLA liquidated in July 2024 due to cashflow concerns and budgeted operating deficits, with £2.5m reinvested in May/June 2025 due to improved financial position.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +7.3%

  £4,004,498 → £4,295,263

• Cash

  -42.9%

  £560,375 → £320,102

• Net assets

  +6.7%

  £13,219,477 → £14,110,571

• Employees

  -6.9%

  262 → 244

• Profit before tax

  +219.7%

  -£744,621 → £891,094

• Wages

  -8.6%

  £6,299,693 → £5,760,203

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