GEORGE ELIOT HOSPITAL NHS TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES
We actively support the care of patients being treated at the George Eliot Hospital mainly through the purchase of equipment and patient comforts. We are very grateful for the support of people, clubs and organisations in the community who raise funds which directly benefit our patients.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £185,000 for the year, resulting in total net assets of £313,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing adequate resources to meet liabilities. The reserve strategy focuses on utilising donations as soon as practicable for patient and staff benefit, with a newly introduced minimum reserve level of £35,000.
What the accounts disclose
“In order to manage reserves the Trustees have approved a reserve strategy as follows: “to closely monitor all funds, in particular any slow moving funds, and to take management action to ensure income is applied for its purpose within a reasonable period of receipt”.” — page 6
“The Charity has provided funding to the NHS Trust of £286,000 (2023-24: £122,000) for approved expenditure which has been made on behalf of the Charity as detailed in note 9. During the year none of the members of the NHS Trust Board or senior NHS Trust staff or parties related to them were beneficiaries of the Charity.” — page 17
“Fundraising costs include expenses for fundraising activities and a fee paid to a related party, the George Eliot Hospital NHS Trust, under a fundraising agreement (see note 3). The fee is used to pay the salaries and overhead costs of the hospital’s fundraising office.” — page 14
“The Charity has provided funding to the NHS Trust of £286,000 (2023-24: £122,000) for approved expenditure which has been made on behalf of the Charity as detailed in note 9. During the year none of the members of the NHS Trust Board or senior NHS Trust staff or parties related to them were beneficiaries of the Charity.” — page 17
“Fundraising costs include expenses for fundraising activities and a fee paid to a related party, the George Eliot Hospital NHS Trust, under a fundraising agreement (see note 3). The fee is used to pay the salaries and overhead costs of the hospital’s fundraising office.” — page 14
Trustees
- George Eliot Hospital NHS Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £190k | £375k |
| 31/03/2024 | £174k | £179k |
| 31/03/2023 | £124k | £141k |
| 31/03/2022 | £174k | £224k |
| 31/03/2021 | £305k | £325k |
Common questions
Is GEORGE ELIOT HOSPITAL NHS TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net decrease in funds of £185,000 for the year, resulting in total net assets of £313,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing adequate resources to meet liabilities. The reserve strategy focuses on utilising donations as soon as practicable for patient and staff benefit, with a newly introduced minimum reserve level of £35,000. Its FY2025 accounts were independently examined.