IVCC

Registered charity 1128437 · accounts filings on the Charity Commission register

Latest income
£19.1m
Latest spending
£17.3m
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £1.8m for the year ended 31 July 2025, resulting in total free/unrestricted reserves of £13.0m. The trustees confirm that the charity has adequate resources to continue in operation for the foreseeable future, citing a positive bank balance of £9.1m and significant deferred income. The financial position is supported by a strong asset base and medium-term funding visibility from major donors.

What the accounts disclose

Reserves policy: minimum of 6 months' pay expenditure (£1.6m) (held: £13.0m)
IVCC aligns with the group policy of ensuring that unrestricted reserves represent a minimum of 6 months' pay expenditure (£1.6m). — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants passed to parent company
During 2025, charitable research grants totalling £1,899,000 (2024: £2,180,000) were passed to IVCC’s parent company Liverpool School of Tropical Medicine (LSTM); all had performance conditions attached. — page 31
During 2025, charitable research grants totalling £3,444,000 (2024: £1,218,000) were passed to IVCC’s sister company iiDiagnostics ; all had performance conditions attached. — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants passed to sister company
During 2025, charitable research grants totalling £1,899,000 (2024: £2,180,000) were passed to IVCC’s parent company Liverpool School of Tropical Medicine (LSTM); all had performance conditions attached. — page 31
During 2025, charitable research grants totalling £3,444,000 (2024: £1,218,000) were passed to IVCC’s sister company iiDiagnostics ; all had performance conditions attached. — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding creditor to parent company
During 2025, charitable research grants totalling £1,899,000 (2024: £2,180,000) were passed to IVCC’s parent company Liverpool School of Tropical Medicine (LSTM); all had performance conditions attached. — page 31
During 2025, charitable research grants totalling £3,444,000 (2024: £1,218,000) were passed to IVCC’s sister company iiDiagnostics ; all had performance conditions attached. — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding creditor to sister company
During 2025, charitable research grants totalling £1,899,000 (2024: £2,180,000) were passed to IVCC’s parent company Liverpool School of Tropical Medicine (LSTM); all had performance conditions attached. — page 31
During 2025, charitable research grants totalling £3,444,000 (2024: £1,218,000) were passed to IVCC’s sister company iiDiagnostics ; all had performance conditions attached. — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rental charges to sister company
During 2025, charitable research grants totalling £1,899,000 (2024: £2,180,000) were passed to IVCC’s parent company Liverpool School of Tropical Medicine (LSTM); all had performance conditions attached. — page 31
During 2025, charitable research grants totalling £3,444,000 (2024: £1,218,000) were passed to IVCC’s sister company iiDiagnostics ; all had performance conditions attached. — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/07/2025)

Total income
£19.1m
Total spending
£17.3m
Reserves (reported)
£13.0m
Employees
25

Reported reserves equal ~9.1 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Benin · Burkina Faso · Camden · Canada · China · Denmark · France · Germany · Ghana · Greece · Ireland

Income and spending

Financial year endIncomeSpending
31/07/2025£19.1m£17.3m
31/07/2024£20.3m£20.2m
31/07/2023£33.4m£32.3m
31/07/2022£48.6m£47.5m
31/07/2021£39.4m£38.2m

Common questions

Is IVCC financially healthy?

The accounts state that the charity generated a surplus of £1.8m for the year ended 31 July 2025, resulting in total free/unrestricted reserves of £13.0m. The trustees confirm that the charity has adequate resources to continue in operation for the foreseeable future, citing a positive bank balance of £9.1m and significant deferred income. The financial position is supported by a strong asset base and medium-term funding visibility from major donors. Its FY2025 accounts were audited by Crowe U.K. LLP.

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