THE AORTIC CENTRE TRUST
To protect and promote the health of the public in particular by research into the nature, causes, diagnosis, prevention, treatment and cure of all forms of aortic disease, including the development of findings of research into practical applications for the prevention, treatment and cure of aortic disease, and by the provision or assistance in the provision of equipment, facilities and services
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £512,227 as of 30 April 2025, which is below the previous year's figure of £528,532. The trustees consider these reserves justified due to uncertainty regarding future expenditure levels, noting that the charity currently has very little overhead cost. The charity reported a net expenditure for the year, with total resources expended exceeding incoming resources.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to meet anticipated annual expenditure.” — page 4
Trustees
- Colin David Bicknell
- JULLIEN GAER
- John Pepper
- Professor NICHOLAS JOHN WILLIAM CHESHIRE
- Richard Benjamin Grosse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £36k | £52k |
| 30/04/2024 | £37k | £36k |
| 30/04/2023 | £19k | £13k |
| 30/04/2022 | £66k | £56k |
| 30/04/2021 | £16k | £12k |
Common questions
Is THE AORTIC CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £512,227 as of 30 April 2025, which is below the previous year's figure of £528,532. The trustees consider these reserves justified due to uncertainty regarding future expenditure levels, noting that the charity currently has very little overhead cost. The charity reported a net expenditure for the year, with total resources expended exceeding incoming resources. Its FY2025 accounts were independently examined.