TRES CANTOS OPEN LAB FOUNDATION

Registered charity 1142577 · accounts filings on the Charity Commission register

TO FUND AND SUPPORT RESEARCH AT, OR IN COLLABORATION, WITH GSK'S R&D FACILITIES IN TRES CANTOS, SPAIN INTO MEDICINES FOR DISEASES OF THE DEVELOPING WORLD (INCLUDING, BUT NOT LIMITED TO MALARIA, TUBERCULOSIS, AND OTHER NEGLECTED DISEASES WHICH ARE IDENTIFIED BY THE CHARITY FROM TIME TO TIME).

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

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £2,080,329 at the end of the year, a decrease from £2,884,259 in the prior year. The charity reported a net expenditure deficit of £803,930 for the year, funded by incoming resources of £951,586. The trustees confirmed the charity is a going concern with sufficient cash resources to cover committed projects and expenses for the next 1.5 years.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by RSM UK Audit LLP. Discloses 5 of 6 completeness components.

Corporate structure

• Registered company of the charity Companies House 07301222

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.

• MIZRAHI, Valerie — director, appointed 08/10/2024on trustee list
• SHELDON, Steven — director, appointed 01/04/2024on trustee list
• DUNCAN, Kenneth — director, appointed 15/05/2022on trustee list
• NATHAN, Carl Francis, Professor — director, appointed 10/11/2016on trustee list

Official officers record.

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

Reported reserves equal ~14.2 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (69% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• Kenneth Duncan
• PROFESSOR ALAN HUTCHINSON FAIRLAMB CBE
• Professor Carl Francis Nathan
• Steven Sheldon
• Valerie Mizrahi

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

Operates in: Spain

Income and spending

Common questions

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 MALARIA CONSORTIUM.

• MALARIA CONSORTIUM income £72.2m
• THE YUSUF AND FARIDA HAMIED FOUNDATION income £7.3m
• WANDSWORTH OASIS TRADING COMPANY LIMITED income £1.1m
• THE INTERNATIONAL CML FOUNDATION income £267k
• STOCKPORT NHS FOUNDATION TRUST GENERAL FUND income £930k
• Open City income £1.1m

Side by side with its peers

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