THE ELLISON-CLIFFE CHARITABLE TRUST
The charity's aims are the advancement of medical education
Financial health, per its FY2025 accounts
The accounts state that the charity remains well funded and sustainable, with total net assets of £3,470,242. The primary asset is an endowment fund valued at £3,419,817, which generated significant investment gains during the year. Unrestricted reserves are low at £49,610, but the charity has no stated reserves policy target to compare against this figure.
What the accounts disclose
“The Ellison-Cliffe Charitable Trust was established by Deed in April 1997 to continue to sponsor the annual Ellison Cliffe Lecture, to establish a Travelling Fellowship, and to apply income or capital from the Trust to such charitable institutions or charitable objects as the Trust think fit.” — page 2
“Seeks to maintain a level of reserves which provides a sustainable future for the Trust.” — page 4
“Mr Ian Balmer, a trustee, was the executor of the Ellison Cliffe estate from which a significant legacy was received in 2020/21, 2021/22, 2023/24 and the current year.” — page 14
“Dr. Melita Irving is also a trustee of The Royal Society of Medicine. At the year end there is a balance of £815 owed by The Royal Society of Medicine. During the year there were no transactions with The Royal Society of Medicine. The Royal Society of Medicine provides agreed administration tasks for which an administration fee is charged.” — page 14
“Mr Ian Balmer, a trustee, was the executor of the Ellison Cliffe estate from which a significant legacy was received in 2020/21, 2021/22, 2023/24 and the current year.” — page 14
“Dr. Melita Irving is also a trustee of The Royal Society of Medicine. At the year end there is a balance of £815 owed by The Royal Society of Medicine. During the year there were no transactions with The Royal Society of Medicine. The Royal Society of Medicine provides agreed administration tasks for which an administration fee is charged.” — page 14
Structured financials (annual return, FY ending 30/09/2021)
Trustees
- Dr MELITA IRVING
- Ian Balmer
- Ketish Pothalingam
- Mr B Sethia FRCS
- Professor Hugh Montgomery OBEFMedSci
- Stephen Gilbert
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £63k | £85k |
| 30/09/2024 | £61k | £70k |
| 30/09/2023 | £128k | £53k |
| 30/09/2022 | £75k | £306k |
| 30/09/2021 | £3.4m | £4k |
Common questions
Is THE ELLISON-CLIFFE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity remains well funded and sustainable, with total net assets of £3,470,242. The primary asset is an endowment fund valued at £3,419,817, which generated significant investment gains during the year. Unrestricted reserves are low at £49,610, but the charity has no stated reserves policy target to compare against this figure. Its FY2025 accounts were independently examined.