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WINGS FOR LIFE UK SPINAL CORD RESEARCH FOUNDATION

Registered charity 1138804 · accounts filings on the Charity Commission register · also known as WINGS FOR LIFE SPINAL CORD RESEARCH FOUNDATION, WINGS FOR LIFE UK

Latest income
£4.8m
Latest spending
£3.3m
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity holds unrestricted reserves of £6,067,212, which the trustees describe as a 'generous cash balance' in a strong financial position. The trustees report that the majority of administration costs are covered by discretionary donations from Red Bull Company Ltd, allowing the charity to underwrite its research commitments. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Accounts audited by HW Fisher LLP.

Public fundraising profile: JustGiving — Wings for Life Spinal Cord Research Foundation (matched by registered charity number).

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

Total income
£4.8m
Total spending
£3.3m
Cost of raising funds
£763k
Reserves (reported)
£7.4m
Employees
6

Reported reserves equal ~26.9 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£4.8m£3.3m
31/12/2023£4.6m£1.6m
31/12/2022£2.8m£2.4m
31/12/2021£1.7m£755k
31/12/2020£1.6m£1.3m

Common questions

Is WINGS FOR LIFE UK SPINAL CORD RESEARCH FOUNDATION financially healthy?

The accounts state that the charity holds unrestricted reserves of £6,067,212, which the trustees describe as a 'generous cash balance' in a strong financial position. The trustees report that the majority of administration costs are covered by discretionary donations from Red Bull Company Ltd, allowing the charity to underwrite its research commitments. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by HW Fisher LLP.

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
SIR SAMUEL SCOTT OF YEWS TRUST2£25k
THE IAN FLEMING CHARITABLE TRUST2£5k
THE IAN ASKEW CHARITABLE TRUST2£3k
THE LORD FARINGDON CHARITABLE TRUST2£3k
THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST2£2k
THE MASTER CHARITABLE TRUST1£400k
PROJECT GIVING BACK1£84k
THE THOMAS J HORNE MEMORIAL TRUST1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NICHOLLS SPINAL INJURY FOUNDATION.