THE NHS CONFEDERATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £0.6 million for the year ended 31 March 2025, with total income of £24.0 million and expenditure of £24.6 million. Free reserves stood at £8.4 million, which is higher than the stated policy target of £6.2 million, though the trustees note this balance must be viewed against the risk of losing a significant contract income in 2026.
What the accounts disclose
“In the band £190,001 - £200,000” — page 47
“The target figure for reserves is £6.2 million.”
“During the year the subsidiary The NHS Confederation (Services) Company Limited gift aided profits of £757,547 to the parent charity (2024: £1,045,244)” — page 61
“The charity has a subsidiary called The NHS Confederation (Services) Company Limited incorporated as a company limited by guarantee (company number: 05252407).” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Baron Victor Adebowale CBE
- Christopher Oliver
- Dr Buki Adeyemo
- Dr Kathy McLean
- Dr Peta Foxall
- Dr Pramitkumar Patel
- Ebunoluwa Ajayi
- Elliot Howard-Jones
- Emma Woollett
- JONATHAN MORGAN
- Karen Walker
- Mary Elford
- Matthew Bryant
- Nandakumar Ratnavel
- Paul Jonathan Davies
- Professor Andrew Hardy
- Professor Joseph Richard Harrison
- Richard Henderson
- Richard Mitchell
- Roisin Coulter
- Selina Ullah
- Sharon Mays
- Sir Terence Stephenson
- Valerie Morton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £24.0m | £24.6m |
| 31/03/2024 | £23.8m | £24.7m |
| 31/03/2023 | £22.6m | £22.1m |
| 31/03/2022 | £17.6m | £16.6m |
| 31/03/2021 | £15.0m | £15.2m |
Common questions
Is THE NHS CONFEDERATION financially healthy?
The accounts state that the charity reported an operating deficit of £0.6 million for the year ended 31 March 2025, with total income of £24.0 million and expenditure of £24.6 million. Free reserves stood at £8.4 million, which is higher than the stated policy target of £6.2 million, though the trustees note this balance must be viewed against the risk of losing a significant contract income in 2026. Its FY2025 accounts were audited by BHP LLP.
What does the highest-paid employee of THE NHS CONFEDERATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £190,001 - £200,000 band.