Charity Accounts Intelreading the accounts so you don’t have to

MEDICAL RESEARCH FOUNDATION

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

Latest income
£3.7m
Latest spending
£11.0m
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income decreased to £4.8m from £5.1m in the prior year, while total expenditure increased to £9.1m from £8.7m. Despite this, the charity reported a strong net asset position of £69.4m and healthy cash balances, with the trustees confirming no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Reserves policy: 12 to 18 months' operating costs (held: £11.1m)
“The required reserves at 31 March 2024 ranged from £3.3m based on 12 months’ operating costs to £5.1m based on 18 months’ operating costs. Free reserves at 31 March 2024 were £11.1m (2023: £9.4m) calculated as liquid unrestricted funds excluding designated funds.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

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).

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

Total income
£3.7m
Total spending
£11.0m
Cost of raising funds
£1.4m
Reserves (reported)
£9.7m
Employees
34

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

Register events

Trustees

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

Financial year endIncomeSpending
31/03/2025£3.7m£11.0m
31/03/2024£4.8m£9.1m
31/03/2023£5.1m£8.7m
31/03/2022£5.7m£9.6m
31/03/2021£3.3m£4.1m

Common questions

Is MEDICAL RESEARCH FOUNDATION financially healthy?

The accounts state that total income decreased to £4.8m from £5.1m in the prior year, while total expenditure increased to £9.1m from £8.7m. Despite this, the charity reported a strong net asset position of £69.4m and healthy cash balances, with the trustees confirming no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.

Who funds MEDICAL RESEARCH FOUNDATION?

Funders whose own accounts filings name MEDICAL RESEARCH FOUNDATION as a grant recipient include Bird Song Trust, THE ASTOR FOUNDATION.

Known funders

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

FunderYearAmount
Bird Song TrustFY2025£79k
THE ASTOR FOUNDATIONFY2023£1k
THE ASTOR FOUNDATIONFY2022£1k

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.

FunderSimilar charities fundedAmount to them
CYSTIC FIBROSIS TRUST2£230k
THE IAN FLEMING CHARITABLE TRUST2£50k
ROBERT LUFF FOUNDATION LIMITED2£40k
SIR SAMUEL SCOTT OF YEWS TRUST2£30k
CECIL PILKINGTON CHARITABLE TRUST2£16k
G M MORRISON CHARITABLE TRUST2£7k
THE WYNDHAM CHARITABLE TRUST2£3k
THE TRESANTON TRUST1£416k

Charities like this

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