Finance Score: -4

Governance Score: -7

Support Score: 0

Poor Liquidity: -1
Positive trading contribution: +2;Strong growth: +2
Multiple Deficits: -2
Fundraising costs high: -5

Only 3 Trustees: -2
Narrow trustee age band: -2
All female board: -3

No supporters identified

Overall GiG Score: -11

EAST COAST HOSPICE LIMITED

The Charity is preparing to build a ten bed hospice, with day care facilities and ancillary services, to serve the areas of Great Yarmouth and Waveney. The Charity owns 7.54 acres of land, full planning permission has been granted for the construction of the hospice on the site and work has now commenced.The Charity continues to expand the number of charity shops which provide an income.

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board is completely female
The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£562	£2,991	£-2,429	£441	£271	£221	0.9	18	30
31/03/22		£521	£411	£110	£384	£2,700	£801	23.4	17	125
31/03/21	*	£593	£523	£71	£31	£2,656	£781	17.9	19	118
31/03/20		£642	£765	£-123	£638	£2,600	£721	11.3	28	103
31/03/19		£789	£723	£66	£599	£2,648	£795	13.2	27	265
31/03/18	*	£521	£564	£-43	£477	£2,582	£730	15.5	21	0
31/03/17		£512	£450	£62	£376	£2,625	£793	21.1	17	0
31/03/16		£423	£383	£40	£0	£0	£0	n/a	0	0
31/03/15	*	£674	£281	£393	£281	£777	£739	31.6	15	0
31/03/14		£391	£230	£161	£0	£0	£0	n/a	0	0
31/03/13		£382	£230	£153	£0	£0	£0	n/a	0	0
31/03/12		£203	£168	£35	£0	£0	£0	n/a	0	0
31/03/11		£142	£106	£35	£0	£0	£0	n/a	0	0
31/03/10		£104	£65	£39	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 976.7%
Fundraising Costs/Total Spending: 14.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 25%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 82%
Reserves/Spending: 0.9 months
Net Current Assets/Spending: 1 months
Quick Ratio: 3.8

Asset Split ?

Established: 15 years

www.eastcoasthospice.org.uk

accounts@eastcoasthospice.org.uk

01493718707

Charity Commission for England and Wales

Tweets

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Hospice services

How it operates

Provides services

Where it operates

Norfolk, Suffolk,

Who it helps

The General Public/Mankind

Who works here?

18 employees
30 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 67-72

JACQUELINE CLOVER Appointed: 2022, Occupation: Company Director, Other trusteeship: ACLE WAR MEMORIAL RECREATION CENTRE,

MARY PRETSWELL Appointed: 2013, Occupation: None

BRIDGET LOWE Appointed: 2009, Occupation: Communication Support Coordinator, Other trusteeship: St Elizabeth Hospice,

Legal constitution

Charitable company registered in England & Wales on 15/05/2009, number: 1129631
Registered at Companies House on 15/01/2009, number: 06792702

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

14 returns made; AR21: 2 days late, AR18: 2 days late, AR15: 2 days late,

Main office

Beacon Innovation Centre
Beacon Park
Gorleston
Great Yarmouth
Norfolk
NR31 7RA

Objectives

THE CHARITY'S OBJECTS (THE OBJECTS) ARE TO PROMOTE THE RELIEF OFPERSONS OF EITHER SEX WHO ARE SUFFERING FROM ANY CHRONIC ORTERMINAL ILLNESS OR FROM ANY DISABILITY OR DISEASE ATTRIBUTABLE TOOLD AGE OR FROM ANY OTHER PHYSICAL OR MENTAL INFIRMITY, DISABILITYOR DISEASE, IN THE BOROUGH OF GREAT YARMOUTH IN THE COUNTY OFNORFOLK AND IN THE WAVENEY DISTRICT COUNCIL AREA IN THE COUNTYOF SUFFOLK AND IN THE IMMEDIATELY SURROUNDING AREAS OF BOTH.

Defined Area of Benefit:

GREAT YARMOUTH

Data Sources