Finance Score: -7

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess liquidity: -1
Large legacies income: +1
Multiple Deficits and declines: -5
Fundraising costs high: -5

Gender balanced board: +3

No supporters identified

Overall GiG Score: -4

THE FRIENDS OF THE WISDOM HOSPICE LIMITED

The main objective of the Charity is to promote the relief of suffering and treatment of illness in the Medway and Swale areas. The Charity makes an annual grant to Medway Community Healthcare to not only ensure that the current services of The Wisdom Hospice are maintained but, where possible, to continually improve upon those services.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end
Income has been volatile and on several occasions in recent years 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	£1,073	£1,338	£-265	£601	£1,887	£1,885	16.9	14	60
31/03/22	£1,161	£1,236	£-74	£533	£2,193	£2,191	21.3	14	65
31/03/21	£1,387	£1,189	£197	£507	£2,293	£2,291	23.1	14	30
31/03/20	£1,004	£1,263	£-259	£574	£1,959	£1,957	18.6	14	80
31/03/19	£1,380	£1,144	£236	£482	£2,220	£2,213	23.2	11	70
31/03/18	£989	£1,130	£-141	£468	£1,970	£1,960	20.8	12	0
31/03/17	£1,159	£975	£183	£372	£2,100	£2,096	25.8	11	0
31/03/16	£1,028	£889	£140	£261	£1,880	£1,873	25.3	9	0
31/03/15	£884	£873	£12	£98	£1,736	£1,736	23.9	6	0
31/03/14	£769	£850	£-81	£82	£1,665	£1,665	23.5	6	0
31/03/13	£685	£857	£-172	£78	£1,745	£1,744	24.4	4	0
31/03/12	£689	£850	£-161	£63	£1,826	£1,826	25.8	4	0
31/03/11	£597	£864	£-267	£71	£1,973	£1,973	27.4	4	0
31/03/10	£652	£806	£-153	£69	£3,286	£2,998	44.7	4	0
31/03/09	£598	£701	£-103	£62	£3,439	£3,097	53	4	0
31/03/08	£1,624	£674	£951	£62	£3,542	£3,153	56.1	3	0
31/03/07	£1,208	£650	£558	£62	£2,592	£2,156	39.8	4	0
31/03/06	£625	£598	£26	£0	£0	£0	n/a	0	0
31/03/05	£626	£524	£103	£0	£0	£0	n/a	0	0
31/03/04	£655	£497	£158	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 57.5%
Fundraising Costs/Total Spending: 45.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 16.9 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.6

Asset Split ?

Established: 42 years

www.fowh.org.uk

info@fowh.org.uk

01634831163

Charity Commission for England and Wales

Tweets

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Hospice services

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Kent,

Who it helps

Elderly/Old People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

14 employees
60 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
CareTech foundation - Match Funding Grant
£350	25/05/2022	Match funding Grant awarded to registered charity in the UK to support the applicant's fundraising efforts

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 57-87

JANETTA MURRIE Appointed: 2023, Occupation: Management Consultant

ANDREW GRAY Appointed: 2019, Occupation: Personal Trainer

JUDY OLIVER Appointed: 2021, Occupation: Company Director, Other trusteeship: ROMNEY MARSH COMMUNITY HUB,

MARGARET BARKER, Occupation: Housewife & Clerical Assistant

ROBERT FREDERICK COLEMAN Appointed: 2011, Occupation: Managing Director

SYLVIA FAIRBRACE Appointed: 2001, Occupation: Shipping Consultant

BARBARA FISHER Appointed: 2019, Occupation: Retired, Other trusteeship: THE CITY OF ROCHESTER SOCIETY,

RAYMOND HARRIS (Chair) Appointed: 2002, Occupation: Solicitor, Other trusteeship: WISDOM HOSPICE SUPPORT,

VICTORIA WEBSTER Appointed: 2016, Occupation: Education Management, Other trusteeship: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FRINDSBURY WITH UPNOR & CHATTENDEN,

Legal constitution

Charitable company registered in England & Wales on 18/06/1982, number: 284894
Registered at Companies House on 30/04/1982, number: 01632714

Gift Aid

Registered with HMRC for Gift Aid

Event History

15/02/2023 - Asset transfer in from PETER'S PLACE
24/04/2024 - Asset transfer in from MEDWAY NEIGHBOURHOOD WATCH ASSOCIATION

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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

20 returns made; all on time

Recent reorganisation events:

Asset transfer in from PETER'S PLACE on 15/02/2023
Asset transfer in from MEDWAY NEIGHBOURHOOD WATCH ASSOCIATION on 24/04/2024

Main office

FRIENDS OF THE WISDOM HOSPICE
HIGH BANK
ROCHESTER
KENT
ME1 2NU

Objectives

TO PROMOTE THE RELIEF OF SUFFERING AND THE TREATMENT OF ILLNESS IN SUCH WAYS AS THE ASSOCIATION SHALL FROM TIME TO TIME THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources