ORTHOPAEDIC RESEARCH UK
Financial health, per its FY2025 accounts
The accounts state that total income decreased to £1,428,014 from £2,309,786 in the prior year, primarily due to a significant one-off grant received in the previous period. Despite a net expenditure of £782,145, the charity maintains substantial net assets of nearly £29 million, with free reserves of approximately £730k, which the trustees consider sufficient to cover running costs for 12 months.
What the accounts disclose
“The ongoing target which is to hold between £750k and £1m in readily available liquid funds in order to cover the running costs of the charity for 12 months.”
“One trustee, Mr M Gouldstone, is also a director of Novara Therapeutics Ltd - no remuneration or benefits was received for this.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Benjamin Ellis
- Dr Helen Compton
- Jenny Chong
- Professor Michael Reed
- Professor Neil Rushton
- Sarah Harkness
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £2.3m |
| 31/03/2024 | £2.3m | £2.1m |
| 31/03/2023 | £2.1m | £1.7m |
| 31/03/2022 | £1.3m | £1.6m |
| 31/03/2021 | £1.2m | £1.2m |
Common questions
Is ORTHOPAEDIC RESEARCH UK financially healthy?
The accounts state that total income decreased to £1,428,014 from £2,309,786 in the prior year, primarily due to a significant one-off grant received in the previous period. Despite a net expenditure of £782,145, the charity maintains substantial net assets of nearly £29 million, with free reserves of approximately £730k, which the trustees consider sufficient to cover running costs for 12 months. Its FY2025 accounts were audited by Sayer Vincent LLP.
Who funds ORTHOPAEDIC RESEARCH UK?
Funders whose own accounts filings name ORTHOPAEDIC RESEARCH UK as a grant recipient include Arthritis UK, THE LORD FARINGDON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Arthritis UK | FY2024 | £50k |
| THE LORD FARINGDON CHARITABLE TRUST | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR SAMUEL SCOTT OF YEWS TRUST | 2 | £23k |
| PROJECT GIVING BACK | 1 | £84k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £25k |
| CYSTIC FIBROSIS TRUST | 1 | £25k |
| THE LEAGUE OF FRIENDS TO THE ROBERT JONES & AGNES HUNT ORTHOPAEDIC HOSPITAL | 1 | £24k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £20k |
| THE ASSOCIATION OF COLOPROCTOLOGY OF GREAT BRITAIN AND IRELAND | 1 | £15k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £15k |