THE CHRONIC DISEASE RESEARCH FOUNDATION
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 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
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 Andrew John Walley
- 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?
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 |
|---|---|---|
| DENISE COATES FOUNDATION | FY2024 | £4.2m |
| DENISE COATES FOUNDATION | FY2023 | £758k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROBERT LUFF FOUNDATION LIMITED | 2 | £60k |
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £16k |
| SUSANNA PEAKE CHARITABLE TRUST | 2 | £11k |
| PILKINGTON CHARITIES FUND | 2 | £11k |
| THE OAKDALE TRUST | 2 | £4k |
| PROJECT GIVING BACK | 1 | £84k |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £25k |