THE MEDICAL COLLEGE OF SAINT BARTHOLOMEW'S HOSPITAL TRUST
Financial health, per its FY2024 accounts
The accounts state that total funds held by the Trust were £83,445,508, with unrestricted general funds of £2,309,254. Although the Trust reported net current liabilities of £1,124,177, the trustees confirmed sufficient resources to meet liabilities, supported by an investment portfolio valued at £24,324,928. The trustees concluded that the Trust is in a strong financial and operational position to continue supporting the Faculty for the foreseeable future.
What the accounts disclose
“The trustees anticipate continuing their programme of grants which currently results in grants of at least £1m per annum. It is their policy to at least hold free reserves of this amount” — page 12
“J Maloney, Secretary to the Trust, is also a partner in Farrer & Co LLP. Farrer & Co LLP provides legal and administrative support to the Trust. During the year £171,909 of fee expenditure has been recognised (2023: £153,708) relating to advice given in connection with the Trust’s properties and support with the management of correspondence with grant recipients and drafting of grant agreements.” — page 35
“M Burnyeat (who resigned as a trustee on 6 May 2024) is a Partner at Evelyn Partners. He is not involved in the day-to-day management and administration of the Trust’s Evelyn Partners portfolio.” — page 35
“J Maloney, Secretary to the Trust, is also a partner in Farrer & Co LLP. Farrer & Co LLP provides legal and administrative support to the Trust. During the year £171,909 of fee expenditure has been recognised (2023: £153,708) relating to advice given in connection with the Trust’s properties and support with the management of correspondence with grant recipients and drafting of grant agreements.” — page 35
“M Burnyeat (who resigned as a trustee on 6 May 2024) is a Partner at Evelyn Partners. He is not involved in the day-to-day management and administration of the Trust’s Evelyn Partners portfolio.” — page 35
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (26/11/2017)
Trustees
- Dr Christopher Gallagher
- Dr Naureen Bhatti
- Dr Vanessa Muirhead
- Peter Michael Aiers
- Professor John Wass
- Professor Silvia Marino
- Sir Nigel Boardman
- Surojit Ghosh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £653k | £1.3m |
| 31/07/2024 | £666k | £2.1m |
| 31/07/2023 | £620k | £1.5m |
| 31/07/2022 | £651k | £2.3m |
| 31/07/2021 | £701k | £2.5m |
Common questions
Is THE MEDICAL COLLEGE OF SAINT BARTHOLOMEW'S HOSPITAL TRUST financially healthy?
The accounts state that total funds held by the Trust were £83,445,508, with unrestricted general funds of £2,309,254. Although the Trust reported net current liabilities of £1,124,177, the trustees confirmed sufficient resources to meet liabilities, supported by an investment portfolio valued at £24,324,928. The trustees concluded that the Trust is in a strong financial and operational position to continue supporting the Faculty for the foreseeable future. Its FY2024 accounts were audited by Buzzacott LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| 2104 CHARITY FOUNDATION | 1 | £123k |
| THE PENNIES FOUNDATION | 1 | £106k |
| MATER ECCLESIAE CIO | 1 | £50k |
| E B M CHARITABLE TRUST | 1 | £50k |
| THE JORON CHARITABLE TRUST | 1 | £10k |
| THE ABDALLA FOUNDATION | 1 | £7k |
| ARDONAGH COMMUNITY TRUST | 1 | £5k |
| THE INMAN CHARITY | 1 | £5k |