THE LEAGUE OF FRIENDS OF THE ROYAL UNITED HOSPITALS (BATH)
Financial health, per its FY2024 accounts
The accounts state that total funds decreased slightly from £1,301,959 to £1,299,474, with unrestricted funds standing at £1,298,233. The charity maintains a reserves policy requiring at least £300,000 to be retained, a target which is comfortably exceeded by the current unrestricted reserves. The trustees and auditors confirm that the charity is operating on a going concern basis with adequate resources.
What the accounts disclose
“Reserves are held for expenditure on the Objects of the Friends, with adequate reserves, at least £300,000, retained to enable prudent management of any unforeseen circumstances.” — page 12
“The Royal United Hospitals Foundation Trust provides the Charity with a number of services, including IT and payroll. Human Resources advice is provided by Moorepay, and bookkeeping services by Mutu.” — page 4
“During the year, Nil (2023 - 1) Trustees were reimbursed expenses totalling £Nil (2023 - £1,356) relating to shop enhancements paid on behalf of the charity before becoming a trustee.” — page 32
“The Royal United Hospitals Foundation Trust provides the Charity with a number of services, including IT and payroll. Human Resources advice is provided by Moorepay, and bookkeeping services by Mutu.” — page 4
“During the year, Nil (2023 - 1) Trustees were reimbursed expenses totalling £Nil (2023 - £1,356) relating to shop enhancements paid on behalf of the charity before becoming a trustee.” — page 32
Leadership, per the charity’s website
- Warren Finney — Chief Executive
- Ronny Helvey — Chairman
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Andrea Pierce
- David William Biggs
- Paul Satterly
- Philip Addis
- Phillip Roger Berry
- Richard James Bryan
- Ronald Michael Helvey Chair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.7m | £1.4m |
| 30/09/2024 | £1.4m | £1.4m |
| 30/09/2023 | £1.2m | £1.1m |
| 30/09/2022 | £678k | £594k |
| 30/09/2021 | £635k | £501k |
Common questions
Is THE LEAGUE OF FRIENDS OF THE ROYAL UNITED HOSPITALS (BATH) financially healthy?
The accounts state that total funds decreased slightly from £1,301,959 to £1,299,474, with unrestricted funds standing at £1,298,233. The charity maintains a reserves policy requiring at least £300,000 to be retained, a target which is comfortably exceeded by the current unrestricted reserves. The trustees and auditors confirm that the charity is operating on a going concern basis with adequate resources. Its FY2024 accounts were audited by ML Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WHEELER MILL FOUNDATION | 1 | £59k |
| THE PILMUIR ESTATE | 1 | £30k |
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