GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY
Financial health, per its FY2025 accounts
The accounts state that total income reached a record £140.4m, while total expenditure rose significantly to £348.0m, primarily due to a £295.5m commitment to the Children’s Cancer Centre project. Consequently, net assets decreased by £200.8m to £329.5m, though the Trustees confirm the charity remains a going concern with sufficient liquidity to meet liabilities for at least 12 months.
What the accounts disclose
“Based on its financial modelling, the Charity has determined that general funds of £25.0m (2023/24: £20.0m) should be held at all times”
“During the year donations of £718k (2023/24: £747k) were received from related parties. This includes £435k of fundraising income from Royal Bank of Canada, who are a corporate partner and is where one of the Trustees was employed for part of the year. The amount also includes donations amounting to £269k from one Trustee.” — page 115
“Following an undercover investigation by The Times newspaper last year, the Fundraising Regulator’s subsequent investigation into the allegations raised is ongoing. We have taken this investigation very seriously and continue to collaborate with the Fundraising Regulator to support with its investigation, which is yet to be finalised and published.”
“As a trading subsidiary of GOSH Charity, Great Ormond Street International Promotions Limited (GOSIPL) Gift Aided 2024/25 profits of £1.5m to GOSH Charity” — page 90
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (08/06/2026)
- Received assets from another charity (12/03/2026)
- Received assets from another charity (28/10/2025)
- Received assets from another charity (11/07/2025)
- Received assets from another charity (16/05/2025)
- Received assets from another charity (25/10/2024)
Trustees
- CHRISTOPHER JOHN ALLEN
- David Germain
- Dr Leigh Brody
- Dr Masood Ahmed
- JOSHUA CRITCHLEY
- Jennifer Bethlehem
- Kevin Aitchison
- Kevin John Thompson
- Lee Michael Rochford
- Louise Justham
- Michael Andrew Wiseman
- Professor Fiona Ross
- Professor Sir Douglass Matthew Turnbull
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £140.4m | £348.0m |
| 31/03/2024 | £131.2m | £93.2m |
| 31/03/2023 | £107.7m | £69.1m |
| 31/03/2022 | £74.5m | £59.2m |
| 31/03/2021 | £68.5m | £46.1m |
Common questions
Is GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY financially healthy?
The accounts state that total income reached a record £140.4m, while total expenditure rose significantly to £348.0m, primarily due to a £295.5m commitment to the Children’s Cancer Centre project. Consequently, net assets decreased by £200.8m to £329.5m, though the Trustees confirm the charity remains a going concern with sufficient liquidity to meet liabilities for at least 12 months. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Who funds GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY?
Funders whose own accounts filings name GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY as a grant recipient include THE TRUE COLOURS TRUST, THE CRANBROOK FOUNDATION, THE PENNIES FOUNDATION, CLEAN AIR FUND, THE CORCORAN FOUNDATION.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | — |
| KUSUMA TRUST UK | 1 | £980k |
| BUKHMAN FOUNDATION | 1 | £200k |
| THE HEADLEY TRUST | 1 | £100k |
| THE RAYNE FOUNDATION | 1 | £90k |
| DAVID PEARLMAN CHARITABLE FOUNDATION | 1 | £20k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | 1 | £20k |
| THE OPENWORK FOUNDATION | 1 | £15k |