THE ROYAL FREE CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted free reserves were negative £3.1m at the year-end, a position the trustees attribute to pandemic-related challenges and investment performance. However, the trustees report that this negative position does not pose liquidity or solvency issues due to comfortable cash balances and unencumbered property holdings, and they are on track to achieve compliance with their reserves policy within five years.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
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 |
|---|---|---|
| 31/03/2025 | £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 |
| 31/03/2021 | £8.5m | £14.6m |
Common questions
Is THE ROYAL FREE CHARITY financially healthy?
The accounts state that the charity's unrestricted free reserves were negative £3.1m at the year-end, a position the trustees attribute to pandemic-related challenges and investment performance. However, the trustees report that this negative position does not pose liquidity or solvency issues due to comfortable cash balances and unencumbered property holdings, and they are on track to achieve compliance with their reserves policy within five years. Its FY2024 accounts were audited by Crowe U.K. LLP.
Who funds THE ROYAL FREE CHARITY?
Funders whose own accounts filings name THE ROYAL FREE CHARITY as a grant recipient include KUSUMA TRUST UK, THE BRIDGE RENEWAL TRUST, ENFIELD LIONS CLUB (CIO), THE DANSON FOUNDATION, THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| KUSUMA TRUST UK | FY2025 | £149k |
| KUSUMA TRUST UK | FY2024 | £149k |
| THE BRIDGE RENEWAL TRUST | FY2024 | £114k |
| ENFIELD LIONS CLUB (CIO) | FY2025 | £50k |
| THE DANSON FOUNDATION | FY2021 | £20k |
| KUSUMA TRUST UK | FY2024 | £19k |
| KUSUMA TRUST UK | FY2025 | £19k |
| THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST | FY2022 | £18k |
| THE MARCUS MARGULIES CHARITABLE TRUST | FY2023 | £18k |
| THE BRIDGE RENEWAL TRUST | FY2024 | £17k |
| REUBEN FOUNDATION | FY2022 | £10k |
| THE FIELDROSE CHARITABLE TRUST | FY2024 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FINCHLEY | FY2025 | £3k |
| FRAZER TRUST | FY2024 | £2k |
| THE MARCUS MARGULIES CHARITABLE TRUST | FY2024 | £2k |
| CBRE UK CHARITABLE TRUST | FY2025 | £1k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FINCHLEY | FY2023 | £1k |
| THE TUFTON CHARITABLE TRUST | FY2022 | £31 |
| JENIFFER AND JONATHAN HARRIS CHARITABLE TRUST | FY2023 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 2 | £1.4m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 2 | £700k |
| TOM AND SHEILA SPRINGER CHARITY | 2 | £42k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 2 | £30k |
| ROCKCLIFFE CHARITABLE TRUST | 2 | £3k |
| DENISE COATES FOUNDATION | 1 | £1.3m |
| THE DORFMAN FOUNDATION | 1 | £917k |
| LADY GARDEN FOUNDATION | 1 | £581k |