GIFTS HOSPICE

Charity number: 1115713
Removed charity

Charity overview

Activities - how the charity spends its money

GIFTS Hospice ceased charitable activities on 1 April 2010 transferring activities and assets to St Barnabas Lincolnshire Hospice Trust

Income and expenditure

Data for financial year ending 30 September 2010

Total income:
£784,599

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Donations and legacies £98.21k
Charitable activities £538.45k
Other trading activities £145.37k
Investments £190
Other £2.38k

Total expenditure:
£1,157,642

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Raising funds £0
Charitable activities £502.53k
Other £441.07k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £655.12k
Charitable expenditure £502.53k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Leicestershire
  • Lincolnshire

Governance

Registration history:
  • 08 August 2006: Standard registration
  • 03 October 2011: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2007 31/03/2008 31/03/2009 30/09/2010
Total gross income £0 £503.24k £661.87k £784.60k
Total expenditure £0 £562.80k £690.57k £1.16m
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A
Income - Donations and legacies N/A £115.36k £145.12k £98.21k
Income - Other trading activities N/A £101.68k £133.49k £145.37k
Income - Charitable activities N/A £270.07k £375.24k £538.45k
Income - Endowments N/A £0 £0 £0
Income - Investment N/A £8.49k £3.64k £190
Income - Other N/A £7.64k £4.39k £2.38k
Income - Legacies N/A £200 £16.76k £33.10k
Expenditure - Charitable activities N/A £418.85k £468.35k £502.53k
Expenditure - Raising funds N/A N/A N/A N/A
Expenditure - Governance N/A £10.03k £38.51k £71.71k
Expenditure - Grants institution N/A £0 £0 £0
Expenditure - Investment management N/A £0 £0 £0
Expenditure - Other N/A £0 £0 £441.07k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2007 31/03/2008 31/03/2009 30/09/2010
Own use assets N/A £732.86k £710.34k £0
Long-term investments N/A £0 £0 £0
Other assets N/A £85.99k £90.24k £95.03k
Defined benefit pension scheme asset or liability N/A £0 £0 £0
Total liabilities N/A £322.07k £332.50k £0

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 September 2011 Not submitted
Accounts and TAR 30 September 2011 Not submitted
Annual return 30 September 2010 28 April 2011 On Time
Accounts and TAR 30 September 2010 05 May 2011 On Time
Annual return 31 March 2009 07 October 2009 On Time
Accounts and TAR 31 March 2009 24 September 2009 On Time
Annual return 31 March 2008 05 June 2009 125 days late
Accounts and TAR 31 March 2008 28 January 2009 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION DATED 1 FEBRUARY 2006 AS AMENDED BY SPECIAL RESOLUTION DATED 6 JULY 2006

Charitable objects

1. TO PROVIDE SERVICES FOR THE PURPOSES OF PALLIATIVE CARE. 2. TO ESTABLISH AND MAINTAIN A HOSPICE SERVICE WITHIN THE AREA FOR THE TIME BEING COVERED BY THE LINCOLNSHIRE SOUTH WEST PRIMARY CARE TRUST OR SUCH OTHER AREA AS THE DIRECTORS MAY RESOLVE TO BE THE AREA OF BENEFIT (EITHER OF SUCH AREAS AS APPLICABLE BEING "THE AREA OF BENEFIT") FOR THE RECEPTION AND CARE OF PERSONS OF EITHER SEX (WITHOUT REGARD TO RACE OR CREED) WHO ARE SUFFERING FROM ANY CHRONIC OR TERMINAL ILLNESS REQUIRING PALLIATIVE CARE, AND PROVIDE MEDICAL OR OTHER TREATMENT AND ATTENTION FOR SUCH PERSONS AS AFORESAID IN THEIR OWN HOMES. 3. TO PROVIDE SUPPORT, ENCOURAGEMENT AND RELIEF FOR PERSONS WHO CARE FOR PERSONS SUFFERING FROM ANY CHRONIC OR TERMINAL ILLNESS IN THEIR OWN HOMES IN THE AREA OF BENEFIT, INCLUDING THE PROVISION OF A "DAY CARE CENTRE", INCLUDING PROVISIONS TO RELIEVE SUCH CARERS FROM DUTY, SO THAT THE SAID CARERS MAY ENJOY SOME REST AND RELAXATION. 4. TO CONDUCT, PROMOTE OR ENCOURAGE RESEARCH INTO THE CARE AND TREATMENT OF PERSONS SUFFERING FROM ANY CHRONIC OR TERMINAL ILLNESS AND PARTICULARLY INTO THE CARE AND TREATMENT OF PERSONS SUFFERING FROM CANCER; 5. TO PROMOTE OR ENCOURAGE OR ASSIST IN THE TEACHING OF, OR TRAINING IN, PALLIATIVE CARE PRACTICES TO DOCTORS, NURSES, PHYSIOTHERAPISTS AND OTHER PERSONS ENGAGED IN ANY BRANCH OF MEDICINE, SURGERY, NURSING OR ALLIED SERVICES, AND IN THE TEACHING OF, OR TRAINING IN, PALLIATIVE CARE TO STUDENTS IN ANY BRANCH OF MEDICINE, SURGERY, NURSING OR ALLIED SERVICES. 6. TO PROVIDE OR ASSIST OR ENCOURAGE THE PROVISION OF SPIRITUAL HELP AND GUIDANCE FOR ANY PERSONS SUFFERING FROM ANY CHRONIC OR TERMINAL ILLNESS AND FOR THOSE PERSONS WHO PROVIDE CARE TO SUCH PERSONS IN THE AREA OF BENEFIT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

THE AREA COVERED BY THE LINCOLNSHIRE SOUTH WEST PRIMARY CARE TRUST