ORCHARD
Orchard exists to accelerate the development of new and better treatments for obsessive-compulsive disorder (OCD), a severely debilitating mental illness.
Financial health, per its FY2025 accounts
The accounts state that the charity held total unrestricted and restricted reserves of £271,026 at the year end, with £166,529 held in the general fund. This general reserve is reported to be well in excess of the trustees' stated policy target of maintaining eight months of expenditure. The charity received significantly less income in the current year compared to the previous year, resulting in a net expenditure for the period.
What the accounts disclose
“The Trustees aim to maintain general reserves to cover, as a minimum, eight months of expenditure (covering salary costs and other general and administrative costs), net of depreciation.” — page 5
Trustees
- Sean Tonderai Fletcherchair
- Dr Chiara Toschi
- Dr Ilenia Pampaloni
- Dr NICOLAS SIREAU
- Peter Chan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £179k | £158k |
| 29/02/2024 | £101k | £149k |
| 28/02/2023 | £130k | £190k |
| 28/02/2022 | £211k | £31k |
| 28/02/2021 | £161k | £46k |
Common questions
Is ORCHARD financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total unrestricted and restricted reserves of £271,026 at the year end, with £166,529 held in the general fund. This general reserve is reported to be well in excess of the trustees' stated policy target of maintaining eight months of expenditure. The charity received significantly less income in the current year compared to the previous year, resulting in a net expenditure for the period. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/12/2023 | £20k | The Annual OCD Research Congress |