Prospect Hospice Trading Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 03725477

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	14,241		7,549
Debtors	5	8,720		9,018
Cash at bank and in hand		223,743		116,037

		246,704		132,604
Creditors: Amounts Falling Due Within One Year	6	(246,702 )		(132,602 )

NET CURRENT ASSETS (LIABILITIES)			2		2

TOTAL ASSETS LESS CURRENT LIABILITIES			2		2

NET ASSETS			2		2

CAPITAL AND RESERVES
Called up share capital	7		2		2

SHAREHOLDERS' FUNDS			2		2

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

David Cain

Director

23/07/2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Prospect Hospice Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03725477 . The registered office is Prospect Hospice, Moormead Road, Wroughton, Swindon, SN4 9BY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

2.3. Stocks and Work in Progress

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure.

2.4. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2.5. Taxation

Taxation represents the sum of tax currently payable.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.6. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad or doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad or doubtful debts.

2.7. Cash and cash equivalents

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8. Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

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Prospect Hospice Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Stocks

	2026	2025
	£	£
Goods for resale	14,241	7,549

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	8,720	9,018

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	10,050	-
VAT	8,568	8,185
Accruals	3,400	2,600
Amounts owed to group undertakings	224,684	121,817

	246,702	132,602

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

8. Related Party Transactions

Controlling party

The company is 100% owned by a charitable company, Prospect Hospice Limited. The company was under their control throughout the period.

At 31 March 2026, the company owed Prospect Hospice Limited £224,684 (2024: £121,817).

9. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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Prospect Hospice Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Audit Information

The auditor's report on the accounts of Prospect Hospice Trading Limited for the year ended 31 March 2026 was unqualified.

The auditor's report was signed by Dougal Howard ACA (Senior Statutory Auditor) for and on behalf of Godfrey Wilson , Statutory Auditor.

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