Finance Score: -6

Governance Score: 6

Support Score: 5

Liabilities <10%: +3
Excess reserves: -2
Deficit latest year: -2
Fundraising costs high: -5

Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +5

Overall GiG Score: 5

BOLTON HOSPICE

To promote the relief of all adults, without regard to race or creed, who are suffering from any chronic or terminal illness or from any disability or disease attributable to old age or from any other physical or mental infirmity, disability or disease in such ways as the Association shall from time to time think fit.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls 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 age and gender

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £15,026,262 available, equivalent to 30 months of spending and so may not be able to utilise additional funding
Income was lower than spending in the latest year
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	£5,285	£6,076	£-791	£1,586	£15,360	£15,026	29.7	104	700
31/03/22	£5,877	£5,305	£572	£1,411	£16,753	£16,325	36.9	93	900
31/03/21	£5,242	£4,968	£274	£1,231	£16,074	£15,722	38	89	900
31/03/20	£5,406	£5,096	£309	£1,363	£14,202	£13,281	31.3	96	900
31/03/19	£5,849	£5,010	£839	£1,393	£14,637	£13,531	32.4	96	900
31/03/18	£4,620	£4,792	£-172	£1,203	£13,480	£13,466	33.7	99	0
31/03/17	£5,263	£4,487	£776	£1,142	£13,714	£13,714	36.7	94	0
31/03/16	£4,781	£4,248	£533	£1,037	£11,986	£11,978	33.8	91	0
31/03/15	£4,893	£4,131	£762	£1,017	£11,659	£11,620	33.8	87	0
31/03/14	£3,962	£3,751	£211	£894	£10,513	£10,114	32.4	83	0
31/03/13	£3,297	£3,634	£-337	£778	£10,364	£10,158	33.5	83	0
31/03/12	£3,381	£3,517	£-136	£728	£10,096	£10,003	34.1	79	0
31/03/11	£3,519	£3,271	£248	£657	£10,017	£9,855	36.1	76	0
31/03/10	£3,590	£3,062	£528	£633	£9,508	£9,340	36.6	71	0
31/03/09	£3,448	£2,900	£548	£618	£8,286	£7,933	32.8	69	0
31/03/08	£4,082	£2,823	£1,259	£603	£8,540	£8,109	34.5	69	0
31/03/07	£2,917	£2,747	£170	£596	£7,544	£7,436	32.5	67	0
31/03/06	£2,069	£2,199	£-130	£0	£0	£0	n/a	0	0
31/03/05	£2,001	£2,000	£1	£0	£0	£0	n/a	0	0
31/03/04	£1,713	£1,887	£-174	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 64%
Fundraising Costs/Total Spending: 26.9%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 4%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 29.7 months
Net Current Assets/Spending: 2 months
Quick Ratio: 2.4

Asset Split ?

Established: 37 years

www.boltonhospice.org

admin@boltonhospice.org

01204663066

Charity Commission for England and Wales

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Hospice services

How it operates

Provides services

Where it operates

Bolton,

Who it helps

The General Public/Mankind

Who works here?

104 employees
700 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.

Major supporters in last 5 years

Wolfson Foundation	£35,000
Co-Operative Group	£2,382
Masonic Trust	£1,000

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Bolton Hospice
£35,000	07/12/2022	Installation of solar panels
Masonic Trust - MCF Hospice
£1,000	10/11/2021	Unrestricted funding for hospices
Co-Operative Group - Grant to Bolton Hospice
£2,382	23/10/2021	The family bereavement programme at Bolton Hospice will enhance the wellbeing of the community by supporting families with children aged 3-11 to minimise the negative impact of bereavement.
Masonic Trust - MCF Hospice UK Partnership
£17,500	28/02/2019	Supporting Teenagers through Loss, Grief and Bereavement - Bereavement Support
Co-Operative Group - Grant to Bolton Hospice
£2,687	29/11/2017	We want to upgrade the older areas of the hospice to ensure local people who come into our care are as comfortable as possible.
Masonic Trust - Hospice Grant
£2,620	18/10/2017	Core funding for hospices
Masonic Trust - Hospice Grant
£3,576	19/10/2016	Core funding for hospices

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 41-71

DR HELEN WALL Appointed: 2022, Occupation: Gp Partner & Trainer

MICHAEL WORSLEY Appointed: 2022, Occupation: It Consultant

ANDREW PHILIP MORGAN Appointed: 2010, Occupation: Self Employed, Other trusteeship: AGE UK BOLTON,

ADRIAN CROOK Appointed: 2016, Occupation: Assistant Director - (Social Care)

GRACE HOPPS Appointed: 2012, Occupation: Retired

IAN SAVAGE Appointed: 2018, Occupation: Media Consultant

JUDITH BROMLEY (Chair) Appointed: 2006, Occupation: Solicitor

LINDA DUCKWORTH Appointed: 2018, Occupation: Retired

MOHAMMED IQBAL ESSA Appointed: 2019, Occupation: Retired

PATRICK ANTHONY LYDON, Occupation: Chartered Accountant

Legal constitution

Charitable company registered in England & Wales on 08/04/1987, number: 518704
Registered at Companies House on 24/03/1987, number: 02114925

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events 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

20 returns made; all on time

Main office

BOLTON HOSPICE
QUEENS PARK STREET
BOLTON
BL1 4QT

Objectives

TO PROMOTE THE RELIEF OF PERSONS OF EITHER SEX (WITHOUT REGARD TO RACE OR CREED) WHO ARE SUFFERING FROM ANY CHRONIC OR TERMINAL ILLNESS OR FROM ANY DISABILITY OR DISEASE ATTRIBUTABLE TO OLD AGE OR FROM ANY OTHER PHYSICAL OR MENTAL INFIRMITY DISABILITY OR DISEASE IN SUCH WAYS AS THE ASSOCIATION SHALL FROM TIME TO TIME THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources