BRAIN RESEARCH TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of £778,000 and total funds of £10,771,000, reflecting a strong reserve position. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Reserves are maintained above the stated policy target of nine months of non-grant expenditure.
What the accounts disclose
“The general fund is used to provide a buffer for unforeseen activities and is maintained on the basis of being the higher of £750,000 or 9 months of non-grant expenditure (overheads and fundraising costs). 9 months of budgeted non-grant expenditure from our 2024/25 budget comes to £1,328,000 and this is therefore the balance reflected in our general funds.” — page 9
“The Charity holds 100% of the share capital of Brain Research UK Limited (company number 14108655), which was incorporated on 16 May 2022. This company is currently dormant and there are no immediate plans for the company to trade.” — page 14
Leadership, per the charity’s website
- Caroline Blakely — Chief Executive
- Mira Beattie — Director
- Ben Twyman — Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Jim Gollanchair
- Dr Aoife Regan
- JONATHAN KROPMAN
- Jeremy Storrs
- Paul Vernon Wright
- Prof Kevin Talbot
- Professor Joanna Wardlaw
- Vijay Jassal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.3m | £3.6m |
| 31/03/2024 | £3.5m | £3.3m |
| 31/03/2023 | £3.2m | £3.0m |
| 31/03/2022 | £2.0m | £3.2m |
| 31/03/2021 | £1.8m | £3.3m |
Common questions
Is BRAIN RESEARCH TRUST financially healthy?
The accounts state that the charity ended the year with a surplus of £778,000 and total funds of £10,771,000, reflecting a strong reserve position. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Reserves are maintained above the stated policy target of nine months of non-grant expenditure. Its FY2024 accounts were audited by HaysMac LLP.
Who funds BRAIN RESEARCH TRUST?
Funders whose own accounts filings name BRAIN RESEARCH TRUST as a grant recipient include THE ROTHES CHARITABLE TRUST, THE WILLIAM ALLEN YOUNG CHARITABLE TRUST, SIR SAMUEL SCOTT OF YEWS TRUST, ROBERT LUFF FOUNDATION LIMITED, THE MALLINCKRODT FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ROTHES CHARITABLE TRUST | FY2023 | £25k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2023 | £20k |
| THE ROTHES CHARITABLE TRUST | FY2024 | £10k |
| SIR SAMUEL SCOTT OF YEWS TRUST | FY2024 | £10k |
| ROBERT LUFF FOUNDATION LIMITED | FY2023 | £10k |
| SIR SAMUEL SCOTT OF YEWS TRUST | FY2023 | £7k |
| THE MALLINCKRODT FOUNDATION | FY2025 | £5k |
| THE MALLINCKRODT FOUNDATION | FY2024 | £5k |
| THE JAMES WEIR FOUNDATION | FY2022 | £5k |
| G M MORRISON CHARITABLE TRUST | FY2024 | £3k |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | FY2023 | £3k |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | FY2024 | £3k |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | FY2025 | £3k |
| LORD BARNBY'S FOUNDATION | FY2024 | £2k |
| DAVID LISTER CHARITABLE TRUST | FY2023 | £1k |
| WHITAKER CHARITABLE TRUST | FY2024 | £1k |
| DAVID LISTER CHARITABLE TRUST | FY2024 | £1k |
| THE SANITA MERALI TRUST | FY2023 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE IAN ASKEW CHARITABLE TRUST | 3 | £4k |
| THE EDWARD GOSTLING FOUNDATION | 2 | £250k |
| THE ICELAND FOODS CHARITABLE FOUNDATION | 2 | £101k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 2 | £44k |
| THE FIELDROSE CHARITABLE TRUST | 2 | £40k |
| THE INMAN CHARITY | 2 | £12k |
| PILKINGTON CHARITIES FUND | 2 | £9k |
| THE IAN FLEMING CHARITABLE TRUST | 2 | £5k |