GENESIS RESEARCH TRUST
Latest income
£524k
Latest spending
£2.8m
Registered
2018
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £76,137 for the year, with total expenditure of £476,369 exceeding total income of £453,327. However, the trustees confirm that the charity is well-positioned to meet its commitments through existing reserves of £6,400,069, and the independent auditor found no material uncertainties regarding going concern.
What the accounts disclose
Reserves policy: minimises the impact of short-term income volatility or economic downturn and enables the Trust to manage financial risk (held: £3.2m)
“The Trust maintains reserves at a level which minimises the impact of short-term income volatility or economic downturn and enables the Trust to manage financial risk.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Investment management fees paid to Meridiem Investment Management Limited, a company in which Trustee Mr A S Rosenfelder has a participating interest.
“Investment management fees of £46,233 (2023 : £45,426) have been paid to Meridiem Investment Management Limited, a company in which one of the Trustees, Mr A S Rosenfelder, has a participating interest.” — page 32
“During the year, grants totalling £9,050 (2023: £278,260) were made to Imperial College where Professor P R Bennett is Director of IRDB and Professor S Franks is Professor of Reproductive Endocrinology.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants totalling £9,050 made to Imperial College, where two Trustees hold senior positions.
“Investment management fees of £46,233 (2023 : £45,426) have been paid to Meridiem Investment Management Limited, a company in which one of the Trustees, Mr A S Rosenfelder, has a participating interest.” — page 32
“During the year, grants totalling £9,050 (2023: £278,260) were made to Imperial College where Professor P R Bennett is Director of IRDB and Professor S Franks is Professor of Reproductive Endocrinology.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursements of research costs to Trustees Professor P R Bennett and Professor S Franks.
“Investment management fees of £46,233 (2023 : £45,426) have been paid to Meridiem Investment Management Limited, a company in which one of the Trustees, Mr A S Rosenfelder, has a participating interest.” — page 32
“During the year, grants totalling £9,050 (2023: £278,260) were made to Imperial College where Professor P R Bennett is Director of IRDB and Professor S Franks is Professor of Reproductive Endocrinology.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/07/2025)
Total income
£524k
Total spending
£2.8m
Cost of raising funds
£72k
Reserves (reported)
£1.1m
Employees
2
Register events
- Received assets from another charity (09/02/2019)
Trustees
- Professor Lord ROBERT MAURICE LIPSON WINSTONchair
- ANGELA HODES
- ANTHONY SOLOMON ROSENFELDER
- Linda Carole Loftus
- PROFESSOR STEPHEN FRANKS
- Professor PHILLIP ROBERT BENNETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £524k | £2.8m |
| 31/07/2024 | £453k | £476k |
| 31/07/2023 | £379k | £641k |
| 31/07/2022 | £1.2m | £903k |
| 31/07/2021 | £1.2m | £903k |
Common questions
Is GENESIS RESEARCH TRUST financially healthy?
The accounts state that the charity reported a net loss of £76,137 for the year, with total expenditure of £476,369 exceeding total income of £453,327. However, the trustees confirm that the charity is well-positioned to meet its commitments through existing reserves of £6,400,069, and the independent auditor found no material uncertainties regarding going concern. Its FY2024 accounts were audited by HW Fisher Audit.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR SAMUEL SCOTT OF YEWS TRUST | 2 | £37k |
| ROBERT LUFF FOUNDATION LIMITED | 2 | £30k |
| G M MORRISON CHARITABLE TRUST | 2 | £7k |
| THE IAN FLEMING CHARITABLE TRUST | 2 | £5k |
| THE IAN ASKEW CHARITABLE TRUST | 2 | £3k |
| THE LORD FARINGDON CHARITABLE TRUST | 2 | £3k |
| TRINITY COLLEGE CAMBRIDGE | 1 | £4.8m |
| THE MASTER CHARITABLE TRUST | 1 | £400k |