ROYAL CORNWALL HOSPITALS NHS TRUST CHARITABLE FUND
Financial health, per its FY2025 accounts
The accounts state that net assets increased to £4,051,000, driven by a significant rise in legacy income and unrestricted reserves. The charity holds unrestricted reserves of £2,209,000, which the trustees note represent 97.5% of average annual charitable expenditure, indicating a strong liquidity position relative to their stated reserves policy.
What the accounts disclose
“It is, however, considered prudent that a balance (equivalent to an average balance over a financial year of 25% of annual spending plans as a minimum and 100% as a maximum) will be retained within an interest-bearing commercial account.” — page 16
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (04/07/2026)
- Received assets from another charity (10/10/2018)
Trustees
- ROYAL CORNWALL HOSPITALS NHS TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £1.0m |
| 31/03/2024 | £655k | £1.0m |
| 31/03/2023 | £747k | £830k |
| 31/03/2022 | £763k | £597k |
| 31/03/2021 | £1.1m | £809k |
Common questions
Is ROYAL CORNWALL HOSPITALS NHS TRUST CHARITABLE FUND financially healthy?
The accounts state that net assets increased to £4,051,000, driven by a significant rise in legacy income and unrestricted reserves. The charity holds unrestricted reserves of £2,209,000, which the trustees note represent 97.5% of average annual charitable expenditure, indicating a strong liquidity position relative to their stated reserves policy. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| THE VALENTINE CHARITABLE TRUST | 1 | £15k |
| THE JOAN LYNETTE DALTON CHARITABLE TRUST | 1 | £9k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £3k |
| COLEFAX CHARITABLE TRUST | 1 | £2k |
| THE IAN ASKEW CHARITABLE TRUST | 1 | £1k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |