RACE AGAINST DEMENTIA
Financial health, per its FY2023 accounts
The accounts state that total incoming resources for the year ended 31 December 2023 were £2,258,550, with total resources expended at £1,941,507. The net assets are regarded as free reserves, standing at £3,211,657, which the Trustees consider adequate to cover existing research commitments of £689,032.
What the accounts disclose
“One employee (2022: None) received emoluments totalling between £80,000 and £89,999.” — page 26
“The charitable company has a wholly owned subsidiary, RAD Commercial Limited, Company no. 14445092, which is incorporated in England and Wales.” — page 28
Year-over-year changes
- Top pay band moved from £70,001 - £80,000 (FY2022) to £80,001 - £90,000 (FY2023).
Funders the charity credits
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Mark McGregor Stewartchair
- Bridget Caroline Barker
- CHRISTOPHER JAN ANDREW BLISS
- Cromwell William Griffiths
- Jeremy Courtenay-Stamp
- John Hunter Somerville Clark
- Jonathan Berger
- Khoi Tu
- Linda Cooper
- Paul Evan Stewart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.0m | £3.9m |
| 31/12/2023 | £2.3m | £1.9m |
| 31/12/2022 | £1.8m | £1.1m |
| 31/12/2021 | £2.0m | £2.2m |
| 31/12/2020 | £787k | £383k |
Common questions
Is RACE AGAINST DEMENTIA financially healthy?
The accounts state that total incoming resources for the year ended 31 December 2023 were £2,258,550, with total resources expended at £1,941,507. The net assets are regarded as free reserves, standing at £3,211,657, which the Trustees consider adequate to cover existing research commitments of £689,032. Its FY2023 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of RACE AGAINST DEMENTIA earn?
Per its FY2023 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Who funds RACE AGAINST DEMENTIA?
Funders whose own accounts filings name RACE AGAINST DEMENTIA as a grant recipient include THE MATERIAL WORLD FOUNDATION LIMITED, NEWBY TRUST LIMITED, THE MACDONALD-BUCHANAN CHARITABLE TRUST, THE JOSEPH AND LILIAN SULLY FOUNDATION, GRAFF FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MATERIAL WORLD FOUNDATION LIMITED | FY2022 | £41k |
| NEWBY TRUST LIMITED | FY2025 | £25k |
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | FY2025 | £20k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | FY2024 | £10k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | FY2025 | £10k |
| GRAFF FOUNDATION | FY2023 | £5k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2024 | £5k |
| GRAFF FOUNDATION | FY2022 | £250 |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2023 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PENNIES FOUNDATION | 2 | £219k |
| SUSANNA PEAKE CHARITABLE TRUST | 2 | £16k |
| D D MCPHAIL CHARITABLE SETTLEMENT CIO | 2 | £2k |
| ALZHEIMER'S SOCIETY | 1 | £6.0m |
| THE LYNDAL TREE FOUNDATION | 1 | £419k |
| THE ALBORADA TRUST | 1 | £370k |
| PRISM THE GIFT FUND | 1 | £250k |
| King Charles III Charitable Fund | 1 | £250k |