RETINA UK
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £1,005,442 from £1,331,703 in the prior year, driven by higher expenditure on medical research and lower income generation. The trustees maintain a reserves policy target of £280,000, which the current unrestricted reserves significantly exceed. The charity reports a cash balance of £1,457,460 and confirms it continues to operate on a sustainable basis with no material uncertainties regarding its going concern status.
What the accounts disclose
“our approach of maintaining £280,000 of unrestricted funds is sufficient for these purposes and so we retain that level as a minimum” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (08/01/2014)
Trustees
- Ashley Grist
- COLIN MCARTHUR
- Dr ELIZABETH MARY Buckingham
- Dr Martin Kirkup
- Dr Samuel Nathan Godfrey
- Kathleen Evans
- Lucy Withington
- PROFESSOR JOHN MARSHALL MBE BSC
- ROGER CHARLES FRANCIS BACKHOUSE
- Robert William Halliwell
- Simon Keightley
- Vanessa Forster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.2m | £1.7m |
| 31/12/2023 | £1.3m | £1.8m |
| 31/12/2022 | £1.6m | £1.5m |
| 31/12/2021 | £1.2m | £887k |
| 31/12/2020 | £2.1m | £1.3m |
Common questions
Is RETINA UK financially healthy?
The accounts state that unrestricted reserves decreased to £1,005,442 from £1,331,703 in the prior year, driven by higher expenditure on medical research and lower income generation. The trustees maintain a reserves policy target of £280,000, which the current unrestricted reserves significantly exceed. The charity reports a cash balance of £1,457,460 and confirms it continues to operate on a sustainable basis with no material uncertainties regarding its going concern status. Its FY2023 accounts were audited by Azets Audit Services.
Who funds RETINA UK?
Funders whose own accounts filings name RETINA UK as a grant recipient include Fight for Sight, THE G W CADBURY SECTION CHARITABLE TRUST, ROBERT LUFF FOUNDATION LIMITED, THOMAS POCKLINGTON TRUST, DAVID LISTER CHARITABLE TRUST.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 2 | £120k |
| THE JAMES TUDOR FOUNDATION | 1 | £51k |
| Arthritis UK | 1 | £50k |
| THE CLOVER TRUST | 1 | £39k |
| SCOULOUDI FOUNDATION | 1 | £25k |
| THE MCBAIN FAMILY FOUNDATION | 1 | £15k |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | 1 | £15k |
| THE ADINT CHARITABLE TRUST | 1 | £10k |