Annual accounts

Annual accounts

In 2015, the Hospice spent £3.8 million delivering specialist care to the people of Wigan and Leigh.

Income of almost £1.4 million came from donations, fundraising, the Hospice lottery and our 13 shops spread across the Borough. Legacy income of £373,000 was received in the year compared with £1.1 million in 2014 demonstrating the unpredictability of this income stream. The Hospice has been fortunate in recent years with regard to the level of legacy income and we are extremely grateful to those who have left a gift to the Hospice in their wills.  We also acknowledge the continuing support that the Hospice received from the Wigan Borough Clinical Commissioning Group which contributed around £1.3 million in the year which represents about 30% of our total costs.

Overall, costs rose by 11% compared with the previous year. Over 70% of total costs relate to staffing. Total expenditure on our clinical services and the costs associated with the shops, fundraising and the lottery were over £4.6 million - around £89,000 per week demonstrating something of the challenge of maintaining Hospice services. 

The Hospice recorded a deficit of £429,556 in 2015 which was funded from Hospice reserves. It is therefore necessary to hold reserves to provide some protection from the financial uncertainties that the Hospice faces over the coming years. The challenge of raising funds these days with the plethora of competing charities, both national and local; the economic situation we are in; the unpredictability of legacy income and the uncertainties around commissioning and statutory funding over the next few years all mean that the Hospice must remain financially strong in order to ensure that it can continue to offer the care and support that has made it an essential part of the local health economy.

We are extremely grateful for the support of so many local people, businesses, organisations and the like who have taken the Hospice to their hearts and supported what is truly an essential service for people suffering from life-limiting conditions.


The following is a summary of the income and expenditure for the financial year ended 31 December 2015:

Income

CCG £ 1,332,815
Donations £    301,075
Legacies £    373,478
Charity shops  £    575,740
Fundraising and lottery  £    526,360
Restricted income & bank interest       £    300,219
TOTAL £ 3,409,687

Expenditure

Inpatient unit £ 1,585,510
Community nursing teams £    871,978
Day hospice £    204,987
Support and general running costs £    676,220
Administrative support £    268,279
Depreciation £    232,269
TOTAL £3,839,243

 

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