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VETA BAILEY CHARITABLE TRUST

Registered charity 1007411 · accounts filings on the Charity Commission register

The charity provides funding for the training of doctors and medical personnel in developing countries in Africa, Asia, Central America and South America

Objects

TO OR FOR THE BENEFIT OF SUCH CHARITABLE OBJECT OR PURPOSE OR OBJECTS OR PURPOSES AS THEY SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£29k
Latest spending
£28k
Registered
1992
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £80,691, with a surplus of £2,493 generated during the year. The trustees have adopted a reserves policy stating the charity is not intended to last in perpetuity and reserves will be spent as needed. The financial position is noted to be significantly influenced by the stock market, creating inherent uncertainty.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Hamilton Bailey (Medical Works) Ltd (94% of income)
“Hamilton Bailey (Medical Works) Ltd 27,000” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: not intended to last in perpetuity and the reserves will be spent as and when needed for deserving causes (held: £81k)
“The Trustees have agreed that the Charity is not intended to last in perpetuity and the reserves will be spent as and when needed for deserving causes.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received £4,000 from Hamilton Bailey (Medical Works) Ltd for professional services. No trustee received remuneration directly from the Charity.
“No Trustee or connected person received any remuneration or expenses directly from the Charity. However, one Trustee received remuneration amounting to £4,000 (2024 - £4,000) from Hamilton Bailey (Medical Works) Ltd for professional services rendered to the company.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Hamilton Bailey (Medical Works) Limited
“The net assets of the wholly owned investment company, Hamilton Bailey (Medical Works) Limited (company no. 00647417), amounted to £433,898 at 31% March 2025” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

HAMILTON BAILEY (MEDICAL WORKS) LIMITED — per its own Companies House accounts

    Trustees · trustee networks

    Trustee list from the Charity Commission register (current, not historical).

    Operates in: Bangladesh · Bolivia · Cambodia · Cameroon · Ethiopia · Haiti · Kenya · Liberia · Malawi · Nepal · Rwanda · Senegal

    Income and spending

    Financial year endIncomeSpending
    31/03/2025£29k£28k
    31/03/2024£29k£29k
    31/03/2023£16k£30k
    31/03/2022£28k£28k
    05/04/2021£15k£34k

    Common questions

    Is VETA BAILEY CHARITABLE TRUST financially healthy?

    Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £80,691, with a surplus of £2,493 generated during the year. The trustees have adopted a reserves policy stating the charity is not intended to last in perpetuity and reserves will be spent as needed. The financial position is noted to be significantly influenced by the stock market, creating inherent uncertainty. Its FY2025 accounts were independently examined.