Marie Curie made £1.3m in redundancies and closed a number of services in the year to March 2018, according to its annual report and accounts, filed last week.
The charity had an annual income of £159.3m, slightly up on last year, but had a £3m surplus this year, compared to a £690,000 deficit last year.
The charity said it had moved back into surplus, after several years of deficit, by making efficiency savings.
“Over the last few years, we’ve undertaken a number of cost-saving measures, including finding efficiencies in our nursing service, fundraising, communications and our back office operations,” the charity said in its financial review. “We’re now seeing the expected increase in net income as a result.”
The charity said it had decided not to renew a number of nursing contracts after deciding it was not best placed to deliver.
“Overall net expenditure on our nursing services decreased by 10 per cent,” the charity said. “Nursing service income decreased by 4 per cent.
“Following a review of our nursing services we decided not to renew a number of contracts. Like all charity providers, we have a responsibility to make sure that all funding available for patient care is made to work as hard as possible, especially with our health and social care system under immense pressure.
“In those areas where we decided not to renew contracts, we knew that local people were well served by an established network of services.”
The charity also said it had undertaken a store-by-store review of its charity shops chain, and closed four underperforming stores.
Despite these changes the number of employees was on average higher than in the previous year – 4,317 compared to 4,274.
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