THE BURDETT TRUST FOR NURSING
Latest income
£1.2m
Latest spending
£4.4m
Registered
2001
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £3,157,085 before investment gains of £5,892,328, resulting in a net increase in funds. The trustees confirm that free reserves of £82,034,196 are sufficient to allow the charity to be managed efficiently, and the auditors found no material uncertainties regarding the going concern status.
What the accounts disclose
Reserves policy: sufficient reserves to allow the charity to be managed efficiently (held: £82.0m)
“The review concluded that there were sufficient reserves to allow the charity to be managed efficiently. This policy will be reviewed on an annual basis.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rathbones Trust Company Limited acted as company secretary and admin provider.
“A total of £476,640 were payable to Rathbones Trust Company Limited in the year for secretarial and administration fees (2023: £529,219). Of the £476,640 payable, £396,840 related to Burdett Trust for Nursing and £79,800 for Junius S Morgan Benevolent Fund.” — page 29
“The Trustee, Dame Christine Beasley, is a non-executive director of Kings College Hospital NHS Foundation Trust. During the year a grant of £124,727 (2023 £100,000) was paid to Kings College Hospital NHS Foundation Trust.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to King's College Hospital NHS Foundation Trust, where Trustee Dame Christine Beasley is a non-executive director.
“A total of £476,640 were payable to Rathbones Trust Company Limited in the year for secretarial and administration fees (2023: £529,219). Of the £476,640 payable, £396,840 related to Burdett Trust for Nursing and £79,800 for Junius S Morgan Benevolent Fund.” — page 29
“The Trustee, Dame Christine Beasley, is a non-executive director of Kings College Hospital NHS Foundation Trust. During the year a grant of £124,727 (2023 £100,000) was paid to Kings College Hospital NHS Foundation Trust.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Evy Hambro is an employee of BlackRock, which manages investments for the Trust.
“A total of £476,640 were payable to Rathbones Trust Company Limited in the year for secretarial and administration fees (2023: £529,219). Of the £476,640 payable, £396,840 related to Burdett Trust for Nursing and £79,800 for Junius S Morgan Benevolent Fund.” — page 29
“The Trustee, Dame Christine Beasley, is a non-executive director of Kings College Hospital NHS Foundation Trust. During the year a grant of £124,727 (2023 £100,000) was paid to Kings College Hospital NHS Foundation Trust.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.2m
Total spending
£4.4m
Cost of raising funds
£173k
Reserves (reported)
£82.0m
Employees
0
Trustees
- ALAN GIBBSchair
- ANDREW EVERARD MARTIN SMITH
- ANDREW GIBBS
- AUDREY ARDERN-JONES
- DAME CHRISTINE BEASLEY DBE
- Dame Donna Kinnair
- David Julian Martin Smith
- Evy Piers George Hambro
- Janice Stevens CBE
- Rachael Marguerite Corser
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £4.4m |
| 31/12/2023 | £1.3m | £4.0m |
| 31/12/2022 | £851k | £5.3m |
| 31/12/2021 | £841k | £4.1m |
| 31/12/2020 | £1.3m | £5.6m |
Common questions
Is THE BURDETT TRUST FOR NURSING financially healthy?
The accounts state that the charity reported a net expenditure of £3,157,085 before investment gains of £5,892,328, resulting in a net increase in funds. The trustees confirm that free reserves of £82,034,196 are sufficient to allow the charity to be managed efficiently, and the auditors found no material uncertainties regarding the going concern status. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| ARDINA LIMITED | 1 | £98k |
| YESBE LIMITED | 1 | £68k |
| DONATING CHARITY LIMITED | 1 | £32k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £17k |
| UNSEEN (UK) | 1 | £15k |
| BETTENHURST CHARITY LIMITED | 1 | £8k |