THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £670,599 for the year ended 5 April 2025, primarily driven by a significant increase in charitable grants paid. Despite this deficit, the trustees confirm that free unrestricted reserves of £2,231,921 remain adequate to continue operations for the foreseeable future with no material uncertainties.
What the accounts disclose
“It is the trustees' policy not to retain reserves as the charity's overheads are low.” — page 4
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Professor Yuti Chernajovsky PhD FRCPchair
- Dr Lorna Chernajovsky PhD
- Professor FMedSci Paul Peter Tak MDPhD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £508k | £1.1m |
| 05/04/2024 | £488k | £66k |
| 05/04/2023 | £588k | £34k |
| 05/04/2022 | £545k | £746k |
| 05/04/2021 | £718k | £804k |
Common questions
Is THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure deficit of £670,599 for the year ended 5 April 2025, primarily driven by a significant increase in charitable grants paid. Despite this deficit, the trustees confirm that free unrestricted reserves of £2,231,921 remain adequate to continue operations for the foreseeable future with no material uncertainties. Its FY2025 accounts were audited by Hilden Park Accountants Limited.
Who funds THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION?
Funders whose own accounts filings name THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION as a grant recipient include JUVENILE DIABETES RESEARCH FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | FY2023 | £38k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LORD FARINGDON CHARITABLE TRUST | 2 | £5k |
| PROJECT GIVING BACK | 1 | £84k |
| Arthritis UK | 1 | £50k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £25k |
| CYSTIC FIBROSIS TRUST | 1 | £25k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £20k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 1 | £20k |
| THE ASSOCIATION OF COLOPROCTOLOGY OF GREAT BRITAIN AND IRELAND | 1 | £15k |