MEDICAL RESEARCH FOUNDATION

Registered charity 1138223 · accounts filings on the Charity Commission register · also known as MRF, Medical Research UK

To promote medical research anywhere in the world, and in particular to support research training, public engagement with research and the dissemination of research results for the improvement of human health.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that total income decreased to £3.7m from £4.8m in the prior year, while total expenditure increased to £11.0m, resulting in a net expenditure of £7.6m. The charity holds total net assets of £61.0m, comprising £34.0m in unrestricted funds and £27.0m in restricted funds, with free reserves calculated at £9.7m. The trustees consider the going concern basis appropriate, citing healthy cash balances and sufficient assets to meet liabilities as they fall due.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Corporate structure

• Registered company of the charity Companies House 07366816

Public fundraising profile: JustGiving — Medical Research Foundation (matched by registered charity number).

Funders the charity credits

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

• Advent — “Advent, a leading global private equity firm, raised £300,000 for the Medical Research Foundation , enabling us to fund six ground-breaking …” (source page)
• MedChemExpress — “MedChemExpress is a leading supplier of research chemicals and bioactive compounds, dedicated to advancing global health through scientific …” (source page)

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• FAGAN, Mary Catherine — director, appointed 01/04/2025on trustee list
• SIMON, Susan, Doctor — director, appointed 01/11/2024on trustee list
• NEWPORT, Melanie Jane, Professor — director, appointed 01/04/2024on trustee list
• MOSS, Paul, Professor — director, appointed 01/05/2023not on trustee list
• WALTERS, Richard Henry — director, appointed 01/07/2022on trustee list
• SMYTH, Rosalind Louise, Professor — director, appointed 01/04/2022not on trustee list
• COWARD, Richard John Mark, Professor — director, appointed 01/04/2022on trustee list
• GALLAGHER, Kristen Lee — director, appointed 01/06/2021on trustee list
• KINGORI, Patricia, Professor — director, appointed 01/04/2021on trustee list

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~10.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 37.6% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Register events

• Received assets from another charity (13/04/2012) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Professor Paul Moss OBEchair
• Dr Susan Simon
• Kristen Lee Gallagher
• MARY CATHERINE FAGAN
• Professor Melanie Newport
• Professor Patricia Kingori
• Professor Richard John Mark Coward
• Professor Rosalind Louise Smyth CBE · trustee of 2 other charities
• Richard Henry Walters

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

Operates in: Ethiopia · Northern Ireland · Norway · Scotland · Senegal · Spain · The Gambia · Throughout England And Wales · Uganda

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ASSOCIATION OF MEDICAL RESEARCH CHARITIES.

• ASSOCIATION OF MEDICAL RESEARCH CHARITIES income £1.3m
• ACTION MEDICAL RESEARCH income £7.8m
• HULL AND EAST YORKSHIRE MEDICAL RESEARCH CENTRE income £3.2m
• THE JEAN SHANKS FOUNDATION income £609k
• THE CANCER TREATMENT AND RESEARCH TRUST CIO income £502k
• EPSOM MEDICAL RESEARCH income £432k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.