UK DRI LTD
UK DRI's hub will be located at UCL, which was chosen after a thorough search process. Six additional UK DRI centres will be established at University of Cambridge, Cardiff University, University of Edinburgh, King's College London and Imperial College London (x2). Grants will be made to all seven centres.
Objects
THE COMPANY’S OBJECTS ARE TO PRESERVE AND PROTECT THE HEALTH OF THE PUBLIC AND TO ADVANCE EDUCATION. THIS WILL BE ACHIEVED BY I) PROMOTING AND UNDERTAKING RESEARCH INTO NEURODEGENERATIVE DISORDERS (AND ILLNESSES CONTRIBUTING TO SUCH DISORDERS), AND ASSOCIATED FACTORS, THAT GIVE RISE TO THE DEMENTIAS AND RELATED CONDITIONS INCLUDING RESEARCH THAT ELUCIDATES THE NATURE, CAUSE, SYMPTOMS, DIAGNOSIS, PREVENTION, TREATMENT AND/OR CURE OF THE RANGE OF DISORDERS THAT GIVE RISE TO THE DEMENTIAS AND RELATED CONDITIONS; AND II) DEVELOPING THE OUTPUTS OF SUCH RESEARCH TO PROVIDE INCREASED ACCURACY AND TIMELINESS OF DIAGNOSIS AND INTERVENTIONS THAT PROVE EFFECTIVE IN TREATING AND IMPROVING THE CARE OF PEOPLE WITH DEMENTIA AND WHICH MAY ULTIMATELY PREVENT AND/OR CURE DEMENTIA AND RELATED CONDITIONS (‘THE OBJECT’).
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net deficit of £3.55m for the year ended 31 March 2026, resulting in unrestricted reserves falling to £5.62m. The trustees confirm that the charity is a going concern, supported by confirmed funding from its founding partners until 2030 and significant liquid resources exceeding current research commitments. The charity operates on a model where research commitments are only made when funds are available, and it holds no borrowings.
What the accounts disclose
“By the nature of this funding model, there is no need for significant reserves. Therefore, the original policy had been agreed that £0.3m of unrestricted founder funding would be used as reserves. This was subsequently increased to £0.6m over five years ago and this is now the policy.” — page 9
“MRC have an agreement with UK DRI Ltd and they intend to fund £125m over the five years starting 1 April 2022. Furthermore, this agreement provides for an MRC representative having a seat on the UK DRI Ltd Board.” — page 11
“ARUK have an agreement with UK DRI Ltd and they intend to fund £12.5m over the five years starting 1 April 2022. This agreement also provides for an ARUK representative having a seat on the UK DRI Ltd Board.” — page 11
“MRC have an agreement with UK DRI Ltd and they intend to fund £125m over the five years starting 1 April 2022. Furthermore, this agreement provides for an MRC representative having a seat on the UK DRI Ltd Board.” — page 11
“ARUK have an agreement with UK DRI Ltd and they intend to fund £12.5m over the five years starting 1 April 2022. This agreement also provides for an ARUK representative having a seat on the UK DRI Ltd Board.” — page 11
“MRC have an agreement with UK DRI Ltd and they intend to fund £125m over the five years starting 1 April 2022. Furthermore, this agreement provides for an MRC representative having a seat on the UK DRI Ltd Board.” — page 11
“ARUK have an agreement with UK DRI Ltd and they intend to fund £12.5m over the five years starting 1 April 2022. This agreement also provides for an ARUK representative having a seat on the UK DRI Ltd Board.” — page 11
“MRC have an agreement with UK DRI Ltd and they intend to fund £125m over the five years starting 1 April 2022. Furthermore, this agreement provides for an MRC representative having a seat on the UK DRI Ltd Board.” — page 11
“ARUK have an agreement with UK DRI Ltd and they intend to fund £12.5m over the five years starting 1 April 2022. This agreement also provides for an ARUK representative having a seat on the UK DRI Ltd Board.” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Employees paid over £60,000: 8 (£60,001–£70,000: 2; £70,001–£80,000: 1; £90,001–£100,000: 1; £110,001–£120,000: 2; £140,001–£150,000: 1; £150,001–£200,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 4 (£60,001–£70,000: 2; £80,001–£90,000: 1; £90,001–£100,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 11045257
Leadership, per the charity’s website
- Prof Siddharthan Chandran — Director
- Prof Bart De Strooper — Founding Director
Company officers (Companies House)
- RICKETTS, Piers Harford on trustee list
- POLISANO, Robyn Eva on trustee list
- RICHARDSON, Nathan on trustee list
- SHAFIE, Roudabeh on trustee list
- KHAN, Rabia Tahir, Dr on trustee list
- KOHLHAAS, Susan Louise on trustee list
- TURNBULL, Douglas Matthew, Professor Sir not on trustee list
- RADFORD, Sheena Elizabeth, Professor on trustee list
- PISANI, Jo Patra on trustee list
- LEE, Melanie Georgina, Dr on trustee list
- RUCKER, William John on trustee list
- CARMACK, Martin
- CHAMBERS, Elizabeth Edwina
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- WILLIAM JOHN RUCKERchair
- Dr Naseem Amin
- Dr Rabia Tahir Khan
- Jo Patra Pisani
- Nathan Richardson
- Piers Ricketts
- Professor Sheena Elizabeth Radford
- Robyn Polisano
- Roudabeh Shafie
- Sir Doug Turnbull
- Susan Kohlhaas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £52.4m | £56.0m |
| 31/03/2025 | £47.6m | £40.1m |
| 31/03/2024 | £39.6m | £43.3m |
| 31/03/2023 | £32.7m | £31.7m |
| 31/03/2022 | £34.6m | £40.4m |
Common questions
Is UK DRI LTD financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net deficit of £3.55m for the year ended 31 March 2026, resulting in unrestricted reserves falling to £5.62m. The trustees confirm that the charity is a going concern, supported by confirmed funding from its founding partners until 2030 and significant liquid resources exceeding current research commitments. The charity operates on a model where research commitments are only made when funds are available, and it holds no borrowings. Its FY2026 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| 4 CHARITY FOUNDATION | 1 | £500k |
| THE MARQUE FOUNDATION | 1 | £40k |
| THE CATHERINE AND ANGUS WOOD CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE UKI CHARITABLE FOUNDATION
- THE MULTI-FAITH CENTRE AT THE UNIVERSITY OF DERBY
- UNIVERSITY COLLEGE DURHAM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UK DRI LTD | £52.4m | — | — | above | — | no doubt |
| THE UKI CHARITABLE FOUNDATION | £159k | — | 0 | below | — | no doubt |
| THE MULTI-FAITH CENTRE AT THE UNIVERSITY OF DERBY | £129k | — | 0 | below | — | no doubt |
| UNIVERSITY COLLEGE DURHAM TRUST | £88k | — | — | below | — | no doubt |