THE NICHOLLS SPINAL INJURY FOUNDATION
Fund research and development into curing spinal cord injury, covering the laboratory, clinical and rehabilitation stages; Advance education by promoting and supporting research into the treatment of spinal injuries and disease, and the publication of the results of such research.
Financial health, per its FY2024 accounts
The charity holds unrestricted reserves of £817,762, which the trustees state are sufficient to support operations and planned grants over the next three years. The financial position is described as robust, with net assets increasing by £75,365 during the year. The accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“This policy allows the charity to continue pursuing its objectives during periods of economic uncertainty. As at 31 December 2024, nsif held reserves of £828,257, sufficient to support operations and planned grants over the next three years.” — page 6
“Donations totalling £5,630 (2023: £9,900) were received from trustees. The donations related to the purchase of teams for the golf and clay pigeon events. There were no other related party transactions for the year ended 31 December 2024, nor the year ended 31 December 2023.” — page 16
Trustees
- Christopher John Sullivan
- DAVID NICHOLLS
- DR Bobby Prasad FRCP MBA
- FREDERICK INGLIS WATT
- Hamid Rezan Nejad
- John Warren
- Piers Benedict Adam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £262k | £187k |
| 31/12/2023 | £258k | £268k |
| 31/12/2022 | £228k | £308k |
| 31/12/2021 | £293k | £326k |
| 31/12/2020 | £128k | £195k |
Common questions
Is THE NICHOLLS SPINAL INJURY FOUNDATION financially healthy?
Per its FY2024 accounts: The charity holds unrestricted reserves of £817,762, which the trustees state are sufficient to support operations and planned grants over the next three years. The financial position is described as robust, with net assets increasing by £75,365 during the year. The accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 2 | £6k |
| THE SIR JAMES ROLL CHARITABLE TRUST | 2 | £5k |
| SHAREDIMPACT | 1 | — |
| THE MASTER CHARITABLE TRUST | 1 | £400k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £67k |
| THE FIELDROSE CHARITABLE TRUST | 1 | £50k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £50k |
| SANDRA CHARITABLE TRUST | 1 | £36k |
Charities like this
- NIALLS FOUNDATION
- STOKE MANDEVILLE SPINAL RESEARCH
- WINGS FOR LIFE UK SPINAL CORD RESEARCH FOUNDATION
- INTERNATIONAL SPINAL RESEARCH TRUST
- SPIRIT (SPINAL PARALYSIS AND INJURIES RESEARCH INFORMATION AND TRAINING)
- THE INSPIRE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NICHOLLS SPINAL INJURY FOUNDATION | £262k | — | 0 | above | — | no doubt |
| NIALLS FOUNDATION | £912k | — | 0 | unclear | — | no doubt |
| STOKE MANDEVILLE SPINAL RESEARCH | £167k | — | 0 | unclear | — | no doubt |
| WINGS FOR LIFE UK SPINAL CORD RESEARCH FOUNDATION | £7.0m | — | 3 | unclear | 19.0% | no doubt |
| INTERNATIONAL SPINAL RESEARCH TRUST | £3.4m | — | — | above | — | no doubt |
| SPIRIT (SPINAL PARALYSIS AND INJURIES RESEARCH INFORMATION AND TRAINING) | £186k | — | 0 | unclear | — | no doubt |