Northwick Park Institute for Medical Research T/A The Griffin Institute
Latest income
£1.6m
Latest spending
£2.1m
Registered
2009
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net deficit of £1.2m for the year ended 31 March 2023, resulting in negative unrestricted free reserves. The trustees report that the charity is dependent on the continued support of its principal creditors, particularly its landlord, to meet its obligations as they fall due.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.6m
Total spending
£2.1m
Cost of raising funds
£7k
Reserves (reported)
£0
Employees
19
Register events
- Received assets from another charity (11/09/2023)
Trustees
- Richard Atienza-Hawkeschair
- Annemari Merilainen-Ottridge
- Dr Deborah Spencer
- Hugo Edward William Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £2.1m |
| 31/03/2024 | £2.2m | £3.1m |
| 31/03/2023 | £2.8m | £4.1m |
| 31/03/2022 | £2.4m | £3.2m |
| 31/03/2021 | £1.6m | £3.0m |
Common questions
Is Northwick Park Institute for Medical Research T/A The Griffin Institute financially healthy?
The accounts state that the charity incurred a net deficit of £1.2m for the year ended 31 March 2023, resulting in negative unrestricted free reserves. The trustees report that the charity is dependent on the continued support of its principal creditors, particularly its landlord, to meet its obligations as they fall due. Its FY2023 accounts were audited by Knox Cropper LLP.