ISLE OF WIGHT NHS TRUST CHARITABLE FUNDS
All activities are ultimately for the benefit of patient care within our NHS Trust.
Financial health, per its FY2025 accounts
The accounts state that total reserves decreased to £330,000 from £362,000 in the prior year, driven by a net outgoing of £32,000 against incoming resources of £91,000. The charity maintains a reserves policy targeting a minimum of £200,000, which is equivalent to approximately one year’s operational costs, and its current total reserves of £330,000 remain above this threshold.
What the accounts disclose
“We have agreed that the level of the reserves should be a minimum of £200,000, which is equal to approximately one year’s operational costs and estimated annual commitments.” — page 9
“there were staff recharges totalling £11,061. of which £8,409 were funded within an NHS Charities together grant.” — page 14
Register events
- Received assets from another charity (12/08/2013)
Trustees
- ISLE OF WIGHT NHS TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £92k | £124k |
| 31/03/2024 | £225k | £177k |
| 31/03/2023 | £180k | £221k |
| 31/03/2022 | £140k | £432k |
| 31/03/2021 | £462k | £188k |
Common questions
Is ISLE OF WIGHT NHS TRUST CHARITABLE FUNDS financially healthy?
Per its FY2025 accounts: The accounts state that total reserves decreased to £330,000 from £362,000 in the prior year, driven by a net outgoing of £32,000 against incoming resources of £91,000. The charity maintains a reserves policy targeting a minimum of £200,000, which is equivalent to approximately one year’s operational costs, and its current total reserves of £330,000 remain above this threshold. Its FY2025 accounts were independently examined.