JAMES PAGET UNIVERSITY HOSPITALS CHARITABLE FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £701,000 for the year ended 31 March 2025, primarily driven by significant capital expenditure on a surgical robot. Per the trustees' report, unrestricted reserves stood at £1,841,000, which the trustees note moves the charity closer to its reserves policy target of holding reserves approximately equal to average annual unrestricted income.
What the accounts disclose
“As at 31 March 2025 the reserves held were £1,841k reflecting a reduction of £398k against reserves held of £2,239k for the period ended 31 March 2024. This movement is in line with the plan and moves the Charity closer to it reserves policy.” — page 13
“The James Paget University Hospitals NHS Foundation Trust acts as sole corporate Trustee to the James Paget University Hospitals Charitable Fund, and as such is both a related party and the ultimate controlling party. The Charitable Fund has made revenue and capital grant commitments to the James Paget University Hospitals NHS Foundation Trust to the value of £2,007,000 (2024 - £514,000), including £248,000 (2024 - £210,000) for management and administration services.” — page 7
“During the year 7 of the ex-officio Trustees gave donations or fundraising income totalling £257 (2024 - £308) of which £48 related to the restricted surgical robot appeal (2024 - £80).” — page 29
“The James Paget University Hospitals NHS Foundation Trust acts as sole corporate Trustee to the James Paget University Hospitals Charitable Fund, and as such is both a related party and the ultimate controlling party. The Charitable Fund has made revenue and capital grant commitments to the James Paget University Hospitals NHS Foundation Trust to the value of £2,007,000 (2024 - £514,000), including £248,000 (2024 - £210,000) for management and administration services.” — page 7
“During the year 7 of the ex-officio Trustees gave donations or fundraising income totalling £257 (2024 - £308) of which £48 related to the restricted surgical robot appeal (2024 - £80).” — page 29
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/05/2023)
Trustees
- JAMES PAGET UNIVERSITY HOSPITALS NHS FOUNDATION TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £2.1m |
| 31/03/2024 | £1.3m | £564k |
| 31/03/2023 | £347k | £603k |
| 31/03/2022 | £496k | £639k |
| 31/03/2021 | £1.1m | £695k |
Common questions
Is JAMES PAGET UNIVERSITY HOSPITALS CHARITABLE FUND financially healthy?
The accounts state that the charity reported a net decrease in funds of £701,000 for the year ended 31 March 2025, primarily driven by significant capital expenditure on a surgical robot. Per the trustees' report, unrestricted reserves stood at £1,841,000, which the trustees note moves the charity closer to its reserves policy target of holding reserves approximately equal to average annual unrestricted income. Its FY2025 accounts were audited by Whitings LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 2 | £1.4m |
| RAISING HEALTH | 1 | £386k |
| THE CARLTON HAYES MENTAL HEALTH CHARITY | 1 | £220k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| MABEL COOPER CHARITY | 1 | £122k |
| JOHN LAING CHARITABLE TRUST | 1 | £42k |
| THE J VAN MARS FOUNDATION | 1 | £30k |
| THE A M CHARITABLE TRUST | 1 | £25k |
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