THE ROYAL FREE CHARITY
We support the Royal Free London NHS Foundation Trust at the Royal Free Hospital, Barnet Hospital, Chase Farm Hospital and North Middlesex University Hospital through four key strategic priorities: enhancing the experience of patients, supporting NHS staff, investing in innovation and research, and securing the best available technology and equipment for our clinicians.
Objects
3.1 THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:(A) TO FURTHER ANY CHARITABLE PURPOSE OR PURPOSES RELATING TO THE GENERAL OR ANY SPECIFIC PURPOSES OF THE FOUNDATION TRUST OR THE PURPOSES OF THE HEALTH SERVICE;(B) TO PROMOTE, PROTECT, PRESERVE AND ADVANCE ALL OR ANY ASPECTS OF THE HEALTH AND WELFARE OF THE PUBLIC, PARTICULARLY WITHIN THE CATCHMENT AREA OF THE FOUNDATION TRUST; AND (C) TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION IN MEDICINE, INCLUDING BY ENGAGING IN AND SUPPORTING MEDICAL RESEARCH.3.2 THIS ARTICLE 3 MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION.
- ENFIELD AND CHESHUNT LEAGUE OF HOSPITAL FRIENDS (charity 262482) — merger registered 24/07/2025
- NORTH MIDDLESEX HOSPITAL GENERAL CHARITABLE FUND (charity 1054451) — merger registered 18/06/2025
- J F Moorhead Trust — merger registered 26/03/2019
Financial health, per its FY2026 accounts
The charity holds substantial unrestricted general funds of £61.8 million, though its calculated 'free reserves' are negative at £1.7 million due to the deduction of property values. The accounts state that the charity has adequate resources to continue operating as a going concern, supported by strong investment returns and a liquidity reserve significantly exceeding its target. The charity operates five trading subsidiaries and maintains a diversified investment portfolio that outperformed its policy target during the year.
What the accounts disclose
“£120,001–£130,000 2 1”
“Trustees of the charity (and their families) made donations to the charity totalling £124,062 (£7,519.69 in 2024-25).” — page 53
“RFC Enterprises Ltd charged the charity £23,385 (2024-25: £88,950) in respect of services provided at the Pears Building.” — page 55
“Trustees of the charity (and their families) made donations to the charity totalling £124,062 (£7,519.69 in 2024-25).” — page 53
“RFC Enterprises Ltd charged the charity £23,385 (2024-25: £88,950) in respect of services provided at the Pears Building.” — page 55
“Trustees of the charity (and their families) made donations to the charity totalling £124,062 (£7,519.69 in 2024-25).” — page 53
“RFC Enterprises Ltd charged the charity £23,385 (2024-25: £88,950) in respect of services provided at the Pears Building.” — page 55
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 756
- Employees paid over £60,000: 15 (£60,001–£70,000: 4; £70,001–£80,000: 5; £80,001–£90,000: 2; £100,001–£110,000: 2; £120,001–£130,000: 2)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 550
- Employees paid over £60,000: 12 (£60,001–£70,000: 4; £70,001–£80,000: 2; £80,001–£90,000: 1; £90,001–£100,000: 2; £110,001–£120,000: 2; £120,001–£130,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 500
- Employees paid over £60,000: 14 (£60,001–£70,000: 4; £70,001–£80,000: 4; £80,001–£90,000: 1; £100,001–£110,000: 2; £110,001–£120,000: 1; £130,001–£140,000: 2)
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2022 (received 19/06/2023, 139 days after the 31/01/2023 due date).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (07/07/2025)
- Received assets from another charity (24/06/2025)
- Received assets from another charity (16/05/2025)
- Received assets from another charity (06/12/2024)
- Received assets from another charity (12/08/2024)
- Received assets from another charity (15/03/2024)
Trustees
- Alison Munday
- Gillian Louise Smith
- Judy Frances Dewinter
- Julie Ann Hamilton
- Melanie Laura Sherwood
- Peter Landstrom
- RUSSELL BROOKS
- Simon Lyons
- Stephen John Craig
- Valerie Celia Jolliffe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £9.7m | £13.5m |
| 31/03/2025 | £9.4m | £14.6m |
| 31/03/2024 | £14.8m | £15.7m |
| 31/03/2023 | £25.1m | £22.4m |
| 31/03/2022 | £25.3m | £12.2m |
Common questions
Is THE ROYAL FREE CHARITY financially healthy?
Per its FY2026 accounts: The charity holds substantial unrestricted general funds of £61.8 million, though its calculated 'free reserves' are negative at £1.7 million due to the deduction of property values. The accounts state that the charity has adequate resources to continue operating as a going concern, supported by strong investment returns and a liquidity reserve significantly exceeding its target. The charity operates five trading subsidiaries and maintains a diversified investment portfolio that outperformed its policy target during the year. Its FY2026 accounts were audited by Crowe UK LLP.
What does the highest-paid employee of THE ROYAL FREE CHARITY earn?
Per its FY2026 accounts, the highest-paid employee was in the £120,001 - £130,000 band.
Who funds THE ROYAL FREE CHARITY?
Funders whose own accounts filings name THE ROYAL FREE CHARITY as a grant recipient include THE PEARS FAMILY CHARITABLE FOUNDATION, KUSUMA TRUST UK, THE FIDELIS FOUNDATION, THE BLUSTON CHARITABLE SETTLEMENT, ENFIELD LIONS CLUB (CIO).
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Greater London Authority | 01/03/2023 | £187k | Supporting Honkongers' Mental Health Needs (Year 2) |
| The National Lottery Community Fund | 16/12/2022 | £10k | Check In and Chat at the Royal Free Hospital Support Hub |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PRISM THE GIFT FUND | 2 | £89k |
| THE YUSUF AND FARIDA HAMIED FOUNDATION | 1 | £3.0m |
| Aruna and Ambika Paul Foundation | 1 | £2.7m |
| THE JAGCLIF CHARITABLE TRUST | 1 | £969k |
| THE PENNIES FOUNDATION | 1 | £831k |
| BUKHMAN FOUNDATION | 1 | £286k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £250k |
| ADDENBROOKE'S CHARITABLE TRUST | 1 | £214k |
Charities like this
- ROYAL BERKSHIRE NHS FOUNDATION TRUST CHARITY
- ASSOCIATION OF NHS CHARITIES
- IMPERIAL HEALTH CHARITY
- CHAPMAN CHARITABLE TRUST
- CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY
- SHEFFIELD HOSPITALS CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL FREE CHARITY | £9.7m | £120,001 - £130,000 | — | unclear | — | no doubt |
| ROYAL BERKSHIRE NHS FOUNDATION TRUST CHARITY | £1.3m | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF NHS CHARITIES | £10.3m | — | — | unclear | 20.0% | no doubt |
| IMPERIAL HEALTH CHARITY | £8.9m | £140,001 - £150,000 | — | unclear | — | no doubt |
| CHAPMAN CHARITABLE TRUST | £442k | — | 0 | unclear | — | no doubt |
| CHESTERFIELD ROYAL HOSPITAL NHS FOUNDATION TRUST GENERAL CHARITY | £493k | — | 0 | unclear | — | no doubt |