MOUNTBATTEN ISLE OF WIGHT 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

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“However, we stand at a crossroads, particularly with the future financial support of hospices under critical threat from the local NHS and it is clear that we stand on the edge of a fight to stand up for what is right and what dying and bereaved people should categorically expect from the statutory sector. In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MOUNTBATTEN ISLE OF WIGHT LIMITED · parent
   1. Mountbatten Isle of Wight Trading Ltd 100% · England · non-primary purpose trading
   2. Mountbatten Hampshire Promotions Limited 100% · England · non-primary purpose trading

Significant events

• “The modern hospice movement has developed during the lifetime of many of us and will reach its sixtieth anniversary in 2027.”
• “As my final annual report as the CEO of Mountbatten Isle of Wight and Mountbatten Hampshire, there is an opportunity to reflect on the last ten years or so... I wish Mountbatten well as it stands on the verge of a new era and wholeheartedly support the appointment of Becky McGregor as my successor.”
• “Paid 3% pay rise from April 2024 and 2.5% pay rise from January 2025 for all staff”
• “As you will see in the accounts we had a more positive year on the financial front, reducing the deficits year on year, despite continuing challenges, especially in limited support from the NHS. Given new levels of national insurance costs, we face more headwinds this year with significant uncertainty on future NHS funding models.”

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

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

  +2.8%

  £13,021,917 → £13,390,535

• Cash

  -53.9%

  £2,179,415 → £1,005,003

• Net assets

  -4.2%

  £17,661,802 → £16,925,275

• Employees

  —

  Not reported

• Operating profit

  +57%

  -£1,623,711 → -£697,567

• Wages

  -0.1%

  £9,497,524 → £9,484,293

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