LIFEARC

Registered charity 1015243 · accounts filings on the Charity Commission register · also known as MEDICAL RESEARCH COUNCIL TECHNOLOGY, MRC COLLABORATIVE CENTRE · also registered in Scotland as SC037861 (OSCR)

SIC Code: 72110 - Research and experimental development on biotechnology1. Performing our own research in order to progress technologies and treatments for the benefit of human health.2. Work with universities, charities, public bodies and industry to accelerate the progression of biomedical discoveries to develop new treatments or therapeutics for the medical profession and public.

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

Latest income
£86.7m
Latest spending
£108.6m
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that LifeArc reported a significant surplus of £182.6 million from royalties and contract income, resulting in total unrestricted reserves of £1.6 billion. The trustees confirm that the organization has adequate liquid reserves and no material uncertainties regarding its ability to continue as a going concern. Financial sustainability is supported by a diverse investment portfolio and long-term planning to manage time-limited royalty income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Medicines Discovery Catapult Ltd; Trustees Lynne Robb and Sue Wallcraft serve on its board; LifeArc funded £806k.
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: UK Dementia Research Institute; Trustee Jo Pisani serves on its board; LifeArc funded £3,813k.
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Beacon For Rare Diseases; Trustee Jo Pisani serves on its board; LifeArc paid £77k sponsorship.
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: LifeArc Innovations Limited
“LifeArc holds 100% of the shares in LifeArc Innovations Limited. Consolidated accounts have not been prepared as its inclusion is not material”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

UK research funding (UKRI Gateway to Research)

Structured financials (annual return, FY ending 31/12/2025)

Total income
£86.7m
Total spending
£108.6m
Cost of raising funds
£3.0m
Reserves (reported)
£1699.9m
Employees
368

Reported reserves equal ~187.9 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (87% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.4% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£86.7m£108.6m
31/12/2024£205.0m£95.9m
31/12/2023£169.6m£73.5m
31/12/2022£22.9m£60.3m
31/12/2021£17.9m£56.5m

Common questions

Is LIFEARC financially healthy?

Per its FY2024 accounts: The accounts state that LifeArc reported a significant surplus of £182.6 million from royalties and contract income, resulting in total unrestricted reserves of £1.6 billion. The trustees confirm that the organization has adequate liquid reserves and no material uncertainties regarding its ability to continue as a going concern. Financial sustainability is supported by a diverse investment portfolio and long-term planning to manage time-limited royalty income. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

Who funds LIFEARC?

Funders whose own accounts filings name LIFEARC as a grant recipient include MOTOR NEURONE DISEASE ASSOCIATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MOTOR NEURONE DISEASE ASSOCIATIONFY2021£800kResearch
MOTOR NEURONE DISEASE ASSOCIATIONFY2024£41kResearch

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with UK BIOBANK LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LIFEARC£86.7m——above—no doubt
UK BIOBANK LIMITED FY2025£68.9m£270,001 - £280,000—within—no doubt
ASSOCIATION OF MEDICAL RESEARCH CHARITIES FY2025£1.3m——within—no doubt
EARLHAM INSTITUTE FY2025£14.1m——above—no doubt
LIVERPOOL LIFE SCIENCE ACCELERATOR LIMITED FY2025£1.1m—0below—no doubt
THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION FY2025£508k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.