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HOMEOPATHY RESEARCH INSTITUTE

Registered charity 1132901 · accounts filings on the Charity Commission register · also known as HRI

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Latest income
£1.6m
Latest spending
£491k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus of £67,624 for the year ended 31 December 2023, with total income rising to £712,871. End-of-year fund balances increased to £492,317, comprising unrestricted funds of £426,213 and restricted funds of £66,104. The trustees maintain a reserves policy targeting six months of annual operating expenditure, aiming to increase this to twelve months over the next two years.

What the accounts disclose

Reserves policy: 6 months of annual operating expenditure (held: £426k)
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 6 months of annual operating expenditure.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Dr A L Tournier received £18,061 in consultancy fees and expenses.
“Dr A L Tournier, Trustee, was paid consultancy fees and expenses of £18,061 (2022: £23,612). This is in respect of work carried out on behalf of the Charity.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration/consultancy fees
“Dr A L Tournier, Trustee, was paid consultancy fees and expenses of £18,061 (2022: £23,612). This is in respect of work carried out on behalf of the Charity.” — page 18
“Expenses of £1,225 were reimbursed to two trustees for expenses incurred in acting in that capacity (2022: £22).” — page 18
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expense reimbursement
“Dr A L Tournier, Trustee, was paid consultancy fees and expenses of £18,061 (2022: £23,612). This is in respect of work carried out on behalf of the Charity.” — page 18
“Expenses of £1,225 were reimbursed to two trustees for expenses incurred in acting in that capacity (2022: £22).” — page 18
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Homeopathy Research Enterprises Ltd
“HRI has one subsidiary, Homeopathy Research Enterprises Limited, wholly owned and registered in England and Wales. The principal activity of this company is consultancy work” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.6m
Total spending
£491k
Cost of raising funds
£7k
Reserves (reported)
£516k
Employees
3

Reported reserves equal ~12.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.6m£491k
31/12/2023£713k£643k
31/12/2022£276k£371k
31/12/2021£498k£246k
31/12/2020£498k£246k

Common questions

Is HOMEOPATHY RESEARCH INSTITUTE financially healthy?

The accounts state that the charity reported a surplus of £67,624 for the year ended 31 December 2023, with total income rising to £712,871. End-of-year fund balances increased to £492,317, comprising unrestricted funds of £426,213 and restricted funds of £66,104. The trustees maintain a reserves policy targeting six months of annual operating expenditure, aiming to increase this to twelve months over the next two years. Its FY2023 accounts were independently examined.