PATIENT SAFETY WATCH
Patient Safety Watch will promote, preserve and protect the health of the public by carrying out and commissioning research into patient safety issues. We will focus on the nature of preventable harm and how to reduce it in healthcare systems around the world, focusing initially on the NHS in England.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net income of £5,000 for the year ended 31 January 2025, with total income of £159,544 against total expenditure of £154,544. Per the trustees' report, unrestricted reserves of £20,568 are maintained at a level equivalent to three months of expenditure, satisfying the charity's own reserves policy. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent of three month’s expenditure.” — page 7
“During the year, £2,000 (2024: £nil) was paid to Patient Safety APPG who, as noted in the Trustees' Report on page 3, is chaired by the Rt Hon Sir J Hunt.” — page 17
Trustees
- David Grunberg
- James Roger Titcombe
- Jeremy Richard Streynsham Hunt
- Michael Anthony Patrick Durkin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £160k | £155k |
| 31/01/2024 | £138k | £135k |
| 31/01/2023 | £208k | £213k |
| 31/01/2022 | £164k | £200k |
| 31/01/2021 | £163k | £189k |
Common questions
Is PATIENT SAFETY WATCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net income of £5,000 for the year ended 31 January 2025, with total income of £159,544 against total expenditure of £154,544. Per the trustees' report, unrestricted reserves of £20,568 are maintained at a level equivalent to three months of expenditure, satisfying the charity's own reserves policy. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant. Its FY2025 accounts were independently examined.