ST MICHAEL'S HOSPICE (NORTH HAMPSHIRE)

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

Standalone (parent only)

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are satisfied that the 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 charity could continue in operation for a period of at least 18 months from the signing of these accounts.”

Significant events

• “In July 2024 the Hospice entered into a collaborative agreement to share the Chief Executive with Rowans Hospice in Waterlooville, serving Portsmouth and Southeast Hampshire.”
• “In January 2025 the collaborative agreement was widened to include the sharing of the hospice's Finance Director and Operations Director.”
• “In December, the Secretary of State for Health and Social Care announced a one-off funding programme for hospices of £100m for capital projects divided between this, and the next reporting period.”
• “The Hospice has secured a three year contract with the Hampshire & Isle of Wight Integrated Care Board (ICB) to cover 21% of running costs.”
• “The introduction of a new cloud-based phone system has modernised communications, improving flexibility and supporting hybrid working arrangements.”
• “Capital funding from the Department of Health has been secured to support further improvements to the estate.”
• “Four new cuddle beds have been delivered within the In-Patient Unit, enhancing comfort and dignity for patients and their loved ones.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +8.7%

  £5,533,345 → £6,016,416

• Cash

  -15.1%

  £802,805 → £681,507

• Net assets

  -9.6%

  £5,613,147 → £5,076,140

• Employees

  +0.7%

  151 → 152

• Operating profit

  +39.3%

  -£619,062 → -£375,626

• Profit before tax

  -100.6%

  -£267,644 → -£537,007

• Wages

  +3.6%

  £3,879,317 → £4,018,726

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