THE FRANCIS CRICK INSTITUTE LIMITED
Registered charity 1140062 · accounts filings on the Charity Commission register · also known as THE FRANCIS CRICK INSTITUTE, UKCMRI, UKCMRI (UNITED KINGDOM CENTRE FOR MEDICAL RESEARCH AND INNOVATION), UKCMRI LIMITED
The Francis Crick Institute is dedicated to understanding the fundamental biology underlying health and disease. Our work is helping to understand why disease develops and to translate discoveries into new ways to prevent, diagnose and treat illnesses such as cancer, heart disease, stroke, infections and neurodegenerative diseases.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £8.6m for the year ended 31 March 2025, with total income of £246.2m and total expenditure of £254.9m. Per the trustees' report, total reserves of £66.3m exceed the stated policy target of £35m, providing a buffer against inflationary pressures. The trustees confirm adequate resources to continue in operational existence for the foreseeable future.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Employees paid over £60,000: 337
“The number of employees whose emoluments, excluding pension contributions and employer’s national insurance but including benefits in kind, were in excess of £60,000 was:” — page 59
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Core funding from founding shareholders (58% of income)
“58% of this derived from core funding which grew by a planned £2.5m in the year.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months' core funding income, including a minimum of £10m in cash or immediately accessible investment funds (held: £66.3m)
“the trustees believe that the charity should have access to minimum reserves equivalent to three months’ core funding income, including a minimum of £10m in cash or immediately accessible investment funds. This equated to a target of £35m at 31 March 2025”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Seconded staff from university partners (Imperial, UCL, King's) and Cancer Research UK provided at nil cost.
“Research lab staff have been seconded to the Crick at nil cost, a gift in kind of £1,222k (2024: £1,148k) has been recognised for these services.”
“During the year the Crick invested £1,939k into Enara Bio and received 5,239,442 series B-1 preference shares. The trustee was not involved in either of the investment decisions.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investment in Enara Bio, a spin-out where trustee Dame Kate Bingham is a director.
“Research lab staff have been seconded to the Crick at nil cost, a gift in kind of £1,222k (2024: £1,148k) has been recognised for these services.”
“During the year the Crick invested £1,939k into Enara Bio and received 5,239,442 series B-1 preference shares. The trustee was not involved in either of the investment decisions.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees donated £1,225k to the charity.
“Research lab staff have been seconded to the Crick at nil cost, a gift in kind of £1,222k (2024: £1,148k) has been recognised for these services.”
“During the year the Crick invested £1,939k into Enara Bio and received 5,239,442 series B-1 preference shares. The trustee was not involved in either of the investment decisions.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by BDO LLP. Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — The Francis Crick Institute (matched by registered charity number).
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£1.6m
Reserves (reported)
£66.3m
Reported reserves equal ~3.1 months of spending — above the median for charities its size (median 2.7 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.6% of total income — below the median for charities its size (2.9%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is THE FRANCIS CRICK INSTITUTE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £8.6m for the year ended 31 March 2025, with total income of £246.2m and total expenditure of £254.9m. Per the trustees' report, total reserves of £66.3m exceed the stated policy target of £35m, providing a buffer against inflationary pressures. The trustees confirm adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by BDO LLP.
Who funds THE FRANCIS CRICK INSTITUTE LIMITED?
Funders whose own accounts filings name THE FRANCIS CRICK INSTITUTE LIMITED as a grant recipient include WELLCOME TRUST, BRITISH HEART FOUNDATION, THE CHRIS BANTON FOUNDATION, Blood Cancer UK Research, THE ALDAMA FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 THE CHRONIC DISEASE RESEARCH FOUNDATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.