MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £896,000 as of 31 March 2025, up from £883,000 in the previous year. The charity maintains £150,000 in reserves to cover operational costs for one financial year, which the trustees consider sufficient for the continuation of the charity. Total income was slightly lower than the prior year due to fewer legacies, while expenditure decreased significantly.
What the accounts disclose
“The Charity holds £150,000 in reserves to cover operational, administration and wind down costs, including staff redundancies, for one financial year.”
“In 2024/25, Medway NHS Foundation Trust, as employer, recharged £99,038 for financial and charity management services provided in the 2024/25 financial year, (2023/24: £89,209). Included in this total was £13,538 which was recharged by the Trust for The Medway Hospital Charity’s management fee of NHS Charities Together’s Stage 2 Community Partnership programme for the Kent and Medway region and £6,808 for a Grants Officer post funded by an NHS Charities Together Development Grant.” — page 33
“Medway NHS Foundation Trust is the major beneficiary of the Charity and in 2024/25 received grants and contributions of £242,000 (2023/24: £516,000).” — page 32
“In 2024/25, Medway NHS Foundation Trust, as employer, recharged £99,038 for financial and charity management services provided in the 2024/25 financial year, (2023/24: £89,209). Included in this total was £13,538 which was recharged by the Trust for The Medway Hospital Charity’s management fee of NHS Charities Together’s Stage 2 Community Partnership programme for the Kent and Medway region and £6,808 for a Grants Officer post funded by an NHS Charities Together Development Grant.” — page 33
“Medway NHS Foundation Trust is the major beneficiary of the Charity and in 2024/25 received grants and contributions of £242,000 (2023/24: £516,000).” — page 32
Register events
- Received assets from another charity (21/08/2025)
- Received assets from another charity (17/06/2024)
- Received assets from another charity (07/06/2024)
- Received assets from another charity (07/06/2024)
Trustees
- MEDWAY NHS FOUNDATION TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £253k | £248k |
| 31/03/2024 | £262k | £521k |
| 31/03/2023 | £176k | £219k |
| 31/03/2022 | £296k | £486k |
| 31/03/2021 | £466k | £774k |
Common questions
Is MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND financially healthy?
The accounts state that total net assets increased to £896,000 as of 31 March 2025, up from £883,000 in the previous year. The charity maintains £150,000 in reserves to cover operational costs for one financial year, which the trustees consider sufficient for the continuation of the charity. Total income was slightly lower than the prior year due to fewer legacies, while expenditure decreased significantly. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF THE YEATMAN HOSPITAL | 1 | £78k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £3k |