The Howard Thomas Trust for Medical Research
The object and principal activity of the Trust which is registered as a charity is to promote and assist research into causes and treatment of diseases of the liver
Objects
TO SUCH CHARITY OR CHARITIES OR FOR SUCH CHARITABLE PURPOSE OR CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE AND IN PARTICULAR FOR THE RELIEF OF SICKNESS BY THE CARRYING OUT OF OR BY ASSISTING IN THE CARRYING OUT OF RESEARCH INTO THE CAUSES OF TREATMENT OF DISEASES OF THE LIVER AND BY THE DISSEMINATION OF THE USEFUL RESULTS THEREOF
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £12,248 for the year, driven by a significant gain on investments of £28,634 which offset a charitable expenditure deficit. The trustees confirm that free reserves of £35,000 remain above their stated policy target of approximately £4,000, indicating adequate financial resources to continue operations.
What the accounts disclose
“The Trustees' policy is to retain free reserves which are at least sufficient to cover one year’s total expenditure excluding grants and fundraising costs, which equates to approximate £4,000.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
Trustees
- PROFESSOR HOWARD THOMASchair
- CATHERINE INGRID HESKETH
- Dr Janice Main
- IVO NICHOLAS PAYAN DAWNAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £39k | £55k |
| 31/07/2024 | £40k | £30k |
| 31/07/2023 | £37k | £33k |
| 31/07/2022 | £34k | £5k |
| 31/07/2021 | £32k | £30k |
Common questions
Is The Howard Thomas Trust for Medical Research financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £12,248 for the year, driven by a significant gain on investments of £28,634 which offset a charitable expenditure deficit. The trustees confirm that free reserves of £35,000 remain above their stated policy target of approximately £4,000, indicating adequate financial resources to continue operations. Its FY2025 accounts were independently examined.