THE FARADAY INSTITUTION

Registered charity 1176500 · accounts filings on the Charity Commission register

Latest income

£33.3m

Latest spending

£32.9m

Registered

2018

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported total income of £33.3 million and unrestricted reserves of £562,436. The Trustees confirmed sufficient funds to continue activities until March 2027, with no material uncertainties identified regarding going concern.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy

“Based on the risk profile of the charity, and its ability to manage and forecast cash flow, the Trustees believe this sum provides sufficient reserves to manage the risk. This reserves target is likely to change year-on-year with the payment profiles and will therefore be reassessed on a regular basis.” — page 13

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

Leadership, per the charity’s website

Martin Freer — CEO (source)
Steven Cowley — Chair of the Board of Trustees (source)
Catherine Callow — Chief Operating Officer (source)
Matthew Howard — Chief Strategy Officer (source)
Sir Peter Bruce — Chief Scientist (source)
Stephen Gifford — Chief Economist (source)
Ian Ellerington — Technology Transfer Director (source)
Nick Smailes — Special Projects Director (source)

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income

£33.3m

Total spending

£32.9m

Reserves (reported)

£323k

Employees

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

Dr Esther Taylor
Dr Fabrice Stassin
Dr Steven Charles Cowley
Dr Venkat Srinivasan
Hanno Kirner
Isobel Sheldon OBE
Mark Christopher Newman
Professor Dame Lynn Gladden
Professor Neville Stuart Jackson
Professor Rachel O'Reilly
Robin Charles Brundle

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£33.3m	£32.9m
31/03/2024	£29.0m	£32.9m
31/03/2023	£34.5m	£33.3m
31/03/2022	£30.2m	£28.4m
31/03/2021	£24.3m	£26.5m

Common questions

Is THE FARADAY INSTITUTION financially healthy?

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
DINA PERELMAN TRUST LIMITED	1	£1.7m
KEREN AMHA LIMITED	1	£45k
MAYFAIR CHARITIES LIMITED	1	£21k
THE SINO-BRITISH FELLOWSHIP TRUST	1	£19k
DEVELOPMENTS IN LITERACY UK (UK)	1	£10k
E AND E KERNKRAUT CHARITIES LIMITED	1	£10k
THE JOHN S COHEN FOUNDATION	1	£8k
STRAWBERRY CARE FOUNDATION LIMITED	1	£8k

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