ROYAL PAPWORTH HOSPITAL CHARITY
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £1,326,000, which is below the Trustee Board's stated policy target of £1.5 million. Despite a net loss on resources for the year, the Charity reports no material uncertainties regarding its ability to continue as a going concern and holds sufficient funds to meet liabilities for at least 12 months.
What the accounts disclose
“Having carefully considered the best interests of the Charity and its beneficiaries, the Trustee Board believes it to be appropriate to aim to hold £1.5m free reserves.”
“The Royal Papworth Hospital Charity has made revenue and capital payments to the Royal Papworth Hospital NHS Foundation Trust during 2024/25. The amount paid was £1,112k (2023/24: £1,558k) and there was a creditor balance at the end of the year of £155k (2023/24: £488k). The Charity is a subsidiary of Royal Papworth Hospital NHS Foundation Trust, the parent entity. The consolidated group accounts for financial year 2024/25 can be found on Royal Papworth Hospital NHS Foundation Trust’s website http://www.royalpapworth.nhs.uk/ Royal Papworth Hospital NHS Foundation Trust is the Corporate Trustee of Royal Papworth Hospital Charity. During the year only one of the ex-officio Trustee Board member or members of the key management staff or parties related to them has undertaken a donation of £750 with Royal Papworth Hospital Charity. No donations were made by related parties during the prior year.” — page 67
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/02/2024)
Trustees
- Royal Papworth Hospital NHS Foundation Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £1.6m |
| 31/03/2024 | £2.8m | £2.0m |
| 31/03/2023 | £2.7m | £1.4m |
| 31/03/2022 | £1.5m | £2.3m |
| 31/03/2021 | £2.8m | £2.1m |
Common questions
Is ROYAL PAPWORTH HOSPITAL CHARITY financially healthy?
The accounts state that unrestricted free reserves stood at £1,326,000, which is below the Trustee Board's stated policy target of £1.5 million. Despite a net loss on resources for the year, the Charity reports no material uncertainties regarding its ability to continue as a going concern and holds sufficient funds to meet liabilities for at least 12 months. Its FY2025 accounts were audited by Ensors Accountants LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/09/2016 | £89k | "Papworth 100 - Moving Pictures" |
| The National Lottery Heritage Fund | 04/10/2011 | £47k | "Voices from the Village of Hope" |