THE FETAL MEDICINE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity generated a consolidated surplus of £3,398,506 for the year ended 31 March 2023, with unrestricted reserves increasing to £19,409,464. The trustees confirm that reserves are adequate to meet charitable purposes and maintain a target of two months of unrestricted expenditure. The independent auditors reported that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately two months of unrestricted charitable expenditure.” — page 5
“The group financial statements consolidate the accounts of The Fetal Medicine Foundation and its trading subsidiaries The Fetal Medicine Centre Limited and King's Fertility Limited for the year ended 31 March 2023.” — page 19
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PROFESSOR KYPROS HERODOTOS NICOLAIDESchair
- ARGYRO SYNGELAKI
- Dr Marietta Charakida
- Dr RANJIT SHRIKANT AKOLEKAR
- JONATHAN ANTHONY HYETT
- PAUL JACOBS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.3m | £7.2m |
| 31/03/2024 | £8.6m | £8.6m |
| 31/03/2023 | £9.2m | £5.7m |
| 31/03/2022 | £7.8m | £5.2m |
| 31/03/2021 | £6.8m | £3.1m |
Common questions
Is THE FETAL MEDICINE FOUNDATION financially healthy?
The accounts state that the charity generated a consolidated surplus of £3,398,506 for the year ended 31 March 2023, with unrestricted reserves increasing to £19,409,464. The trustees confirm that reserves are adequate to meet charitable purposes and maintain a target of two months of unrestricted expenditure. The independent auditors reported that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by AGK Partners.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADDERSTONE FOUNDATION | 1 | £1.2m |
| THE BRITISH DIABETIC ASSOCIATION | 1 | £184k |
| BRITISH HEART FOUNDATION | 1 | £100k |
| THE HEALTH FOUNDATION | 1 | £100k |
| Arthritis UK | 1 | £97k |
| PROSTATE CANCER UK | 1 | £76k |
| THE JEAN SHANKS FOUNDATION | 1 | £25k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £10k |