THE SYDNEY DRISCOLL NEURO-SCIENCE FOUNDATION
The Charity's objects are to heal and relieve sick disabled and aged persons from the disabilities and infirmaties with which they are afflicted in relation to neurosurgical and neurological medicine.
Objects
TO HEAL AND RELIEVE SICK DISABLED AND AGED PERSONS FROM THE DISABILITIES AND INFIRMITIES WITH WHICH THEY ARE AFFLICTED IN ONE OR MORE OF THE FOLLOWING WAYS: 1. BY ESTABLISHING FITTING OUT STOCKING AND MAINTAINING A LIBRARY SPECIALISING IN NEURO-SURGICAL AND NEUROLOGICAL MEDICINE AND ALLIED NEURO-SCIENCES CONCERNED BOOKS AND JOURNALS AND SUCH AUXILIARY GOODS ITEMS AND EQUIPMENT TOGETHERWITH NECESSARY FURNITURE FIXTURES AND FITTINGS AS THE TRUSTEES IN THEIR DISCRETIONMAY CONSIDER ADVISABLE FOR THE USE OF MEDICAL PRACTITIONERS. ( FOR FURTHER DETAILS SEE CLAUSES 5.2 TO 5.3 OF THE TRUST DEED )..
Financial health, per its FY2025 accounts
The accounts state that the charity generated income of £25,837 against expenditure of £65,372, resulting in a net expenditure of £84,147 for the year. Despite this deficit, the trustees confirm the charity holds unrestricted reserves of £640,969 and considers it has sufficient resources to meet liabilities for at least twelve months. The trustees' report notes that the investment strategy involves holding high levels of cash deposits due to market volatility.
What the accounts disclose
“The trustees’ current policy and practice is to spend the income and to make up any shortfall required to maintain their sponsorship of approved projects out of capital.”
Policies the charity declares
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
Trustees
- JOHN ANDREW FERGUSONchair
- JANET WINNARD
- NIHAL GURUSINGHE
- Nicholas Daniel Park
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £26k | £65k |
| 05/04/2024 | £26k | £99k |
| 05/04/2023 | £27k | £66k |
| 05/04/2022 | £25k | £50k |
| 05/04/2021 | £27k | £42k |
Common questions
Is THE SYDNEY DRISCOLL NEURO-SCIENCE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated income of £25,837 against expenditure of £65,372, resulting in a net expenditure of £84,147 for the year. Despite this deficit, the trustees confirm the charity holds unrestricted reserves of £640,969 and considers it has sufficient resources to meet liabilities for at least twelve months. The trustees' report notes that the investment strategy involves holding high levels of cash deposits due to market volatility. Its FY2025 accounts were independently examined.