THE CHRONIC DISEASE RESEARCH FOUNDATION
The CDRF, an independent medical research charity, funds a range of research programs that aim to discover the cause of common chronic diseases such as heart disease, arthritis, migraine, asthma, dementia. The CDRF runs many projects at the Department of Twin Research, St Thomas' Hospital. It is hoped the research will contribute to the development of future diagnostic tests and treatments.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £732,638 for the year ended 5 April 2025, resulting in closing net assets of £5,112,615. The trustees' report confirms that unrestricted funds of £543,110 remain well above the stated policy minimum of approximately six months' projected management and administrative expenditure. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Foundation’s primary income source is donations and bequests. For general purposes, the Foundation raised £1,101 (2024: £445) in donations from private donors and investment income of £62,542 (2024: £178,915).” — page 5
“The trustees’ policy regarding free reserves is to set a minimum for such reserves equal to approximately six months’ projected management and administrative expenditure.” — page 5
“During the year, £9,000 (2024: £2,880) was charged by Collyer Bristow for administration and other legal services. Mr M D B Simon, Trustee, is a partner of Collyer Bristow.” — page 26
“Expenditure in the year includes £234,225 (2024: £189,669) to projects of which Professor Tim Spector (Medical Director) is the lead researcher. A further £158,493 (2024: £1,035,248) has been approved for payment to projects led by Professor Spector.” — page 26
“During the year, £9,000 (2024: £2,880) was charged by Collyer Bristow for administration and other legal services. Mr M D B Simon, Trustee, is a partner of Collyer Bristow.” — page 26
“Expenditure in the year includes £234,225 (2024: £189,669) to projects of which Professor Tim Spector (Medical Director) is the lead researcher. A further £158,493 (2024: £1,035,248) has been approved for payment to projects led by Professor Spector.” — page 26
“During the year, £9,000 (2024: £2,880) was charged by Collyer Bristow for administration and other legal services. Mr M D B Simon, Trustee, is a partner of Collyer Bristow.” — page 26
“Expenditure in the year includes £234,225 (2024: £189,669) to projects of which Professor Tim Spector (Medical Director) is the lead researcher. A further £158,493 (2024: £1,035,248) has been approved for payment to projects led by Professor Spector.” — page 26
Corporate structure
- Registered company of the charity Companies House 12266787
Company officers (Companies House)
- WALLEY, Andrew John, Dr on trustee list
- ROSS, Jonathan Mark Henry on trustee list
- BOCHUKOVA, Elena Georgieva, Dr on trustee list
- BENAIM, Michael on trustee list
- PIKE, Nicholas Simon on trustee list
- SIMON, Mark Daniel Benjamin on trustee list
Structured financials (annual return, FY ending 05/04/2024)
Register events
- Received assets from another charity (31/05/2023)
- Received assets from another charity (17/12/2020)
Trustees
- Mark Daniel Benjamin Simonchair
- Dr Elena Georgieva Bochukova
- Jonathan Ross
- MICHAEL BENAIM
- Nicholas Pike
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £214k | £947k |
| 05/04/2024 | £4.4m | £1.4m |
| 05/04/2023 | £791k | £1.4m |
| 05/04/2022 | £481k | £1.8m |
| 05/04/2021 | £3.2m | £690k |
Common questions
Is THE CHRONIC DISEASE RESEARCH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £732,638 for the year ended 5 April 2025, resulting in closing net assets of £5,112,615. The trustees' report confirms that unrestricted funds of £543,110 remain well above the stated policy minimum of approximately six months' projected management and administrative expenditure. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Bourner Bullock.
Who funds THE CHRONIC DISEASE RESEARCH FOUNDATION?
Funders whose own accounts filings name THE CHRONIC DISEASE RESEARCH FOUNDATION as a grant recipient include DENISE COATES FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| DENISE COATES FOUNDATION | FY2024 | £4.2m | To fund a 5-year Ageing Research project and to fund pilot projects, offering fellowships to appropriate candidates whilst supporting PhD students and related p |
| DENISE COATES FOUNDATION | FY2023 | £758k | Fund the Ageing Research 5 year project and support activities related to the study of the Microbiome and ageing. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROBERT LUFF FOUNDATION LIMITED | 2 | £92k |
| SUSANNA PEAKE CHARITABLE TRUST | 2 | £14k |
| THE OAKDALE TRUST | 2 | £6k |
| CHAPMAN CHARITABLE TRUST | 2 | £3k |
| WELLCOME TRUST | 1 | £142.6m |
| THE CHRIS BANTON FOUNDATION | 1 | £5.5m |
| BRITISH HEART FOUNDATION | 1 | £3.2m |
| THE ALDAMA FOUNDATION | 1 | £565k |
Charities like this
- PAIN RELIEF FOUNDATION
- THE FRANCIS CRICK INSTITUTE LIMITED
- THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION
- THE WILLIAM HARVEY RESEARCH FOUNDATION
- THE ORTHOPAEDIC INSTITUTE LIMITED
- THE JGW PATTERSON FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHRONIC DISEASE RESEARCH FOUNDATION | £214k | — | 0 | above | — | no doubt |
| PAIN RELIEF FOUNDATION | £333k | — | 0 | unclear | — | no doubt |
| THE FRANCIS CRICK INSTITUTE LIMITED | £246.2m | — | 337 | above | — | no doubt |
| THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION | £508k | — | 0 | above | — | no doubt |
| THE WILLIAM HARVEY RESEARCH FOUNDATION | £2.4m | — | 0 | unclear | — | no doubt |
| THE ORTHOPAEDIC INSTITUTE LIMITED | £319k | — | 0 | unclear | — | no doubt |