UK DRI LTD
Latest income
£47.6m
Latest spending
£40.1m
Registered
2018
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £9.12m, significantly exceeding the stated policy target of £0.6m. The charity reported total income of £47.6m and a net surplus for the year, with the going concern basis confirmed by the auditor based on secured multi-year funding from founders.
What the accounts disclose
Reserves policy: £0.6m (held: £9.1m)
“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 in total reserves and this is now the policy.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
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
Structured financials (annual return, FY ending 31/03/2025)
Total income
£47.6m
Total spending
£40.1m
Reserves (reported)
£9.1m
Employees
28
Trustees
- WILLIAM JOHN RUCKERchair
- Dr MELANIE GEORGINA LEE
- Dr Rabia Tahir Khan
- IAIN ALASDAIR KEITH MOODIE
- 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 |
|---|---|---|
| 31/03/2025 | £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 |
| 31/03/2021 | £33.1m | £25.4m |
Common questions
Is UK DRI LTD financially healthy?
The accounts state that unrestricted reserves stood at £9.12m, significantly exceeding the stated policy target of £0.6m. The charity reported total income of £47.6m and a net surplus for the year, with the going concern basis confirmed by the auditor based on secured multi-year funding from founders. Its FY2025 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £980k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £600k |
| 4 CHARITY FOUNDATION | 1 | £500k |
| BUKHMAN FOUNDATION | 1 | £200k |
| THE RAYNE FOUNDATION | 1 | £90k |
| DAVID PEARLMAN CHARITABLE FOUNDATION | 1 | £20k |
| THE WOODWARD CHARITABLE TRUST | 1 | £5k |
| The Patricia Routledge Foundation | 1 | £4k |