EPSOM MEDICAL RESEARCH
Supports research within the areas of rheumatology and general medicine.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased significantly to £49,679, recovering from a negative fund balance of £189,537 in the prior year. The charity reports adequate resources to continue in operational existence for the foreseeable future under the going concern basis. Total income of £432,153 was generated primarily through donations, supporting charitable expenditure of £199,937.
What the accounts disclose
“The charity ensures that it has sufficient reserves to cover any grants that are payable. Where the charity does not have sufficient funds, these are funded by the trustees using cash donations paid to the charity.” — page 4
“During the year the Charity received cash donations totalling £177,102 (2023: £nil) from a Trustee.” — page 12
“At the year end, included within other creditors is £nil (2023: £208,610) owed to one Trustee.” — page 12
“During the year the Charity received cash donations totalling £177,102 (2023: £nil) from a Trustee.” — page 12
“At the year end, included within other creditors is £nil (2023: £208,610) owed to one Trustee.” — page 12
Trustees
- DR G DARLINGTONchair
- KELVIN WILLIAM DARLINGTON RAMSAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £432k | £200k |
| 31/10/2023 | £100 | £1k |
| 31/10/2022 | £62k | £45k |
| 31/10/2021 | £47k | £39k |
| 31/10/2020 | £45k | £64k |
Common questions
Is EPSOM MEDICAL RESEARCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased significantly to £49,679, recovering from a negative fund balance of £189,537 in the prior year. The charity reports adequate resources to continue in operational existence for the foreseeable future under the going concern basis. Total income of £432,153 was generated primarily through donations, supporting charitable expenditure of £199,937. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MCBAIN FAMILY FOUNDATION | 1 | £100k |
| Bird Song Trust | 1 | £79k |
| THE ASTOR FOUNDATION | 1 | £2k |
Charities like this
- HULL AND EAST YORKSHIRE MEDICAL RESEARCH CENTRE
- ASSOCIATION OF MEDICAL RESEARCH CHARITIES
- ROYAL GLAMORGAN POSTGRADUATE MEDICAL CENTRE ASSOCIATION
- BRITISH SOCIETY FOR RHEUMATOLOGY
- THE CHARTERHOUSE RHEUMATISM CHARITY
- THE ROBERT JONES AND AGNES HUNT ORTHOPAEDIC HOSPITAL CHARITABLE FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EPSOM MEDICAL RESEARCH | £432k | — | 0 | above | — | no doubt |
| HULL AND EAST YORKSHIRE MEDICAL RESEARCH CENTRE | £3.2m | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF MEDICAL RESEARCH CHARITIES | £1.3m | — | — | within | — | no doubt |
| ROYAL GLAMORGAN POSTGRADUATE MEDICAL CENTRE ASSOCIATION | £114k | — | 0 | unclear | — | no doubt |
| BRITISH SOCIETY FOR RHEUMATOLOGY | £5.4m | £250,001 - £260,000 | 1 | above | 0.0% | no doubt |
| THE CHARTERHOUSE RHEUMATISM CHARITY | £125k | — | 0 | unclear | — | no doubt |