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HEALTH EXCHANGE

Registered charity 1188838 · accounts filings on the Charity Commission register

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Latest income
£8.1m
Latest spending
£7.2m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £838,408 for the year ended 31 March 2025, with total group income increasing by 6% to £8,046,144. Free reserves (unrestricted funds minus fixed assets) stood at £2,337,382, significantly above the stated minimum policy target of £300,000. The trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“In the band £70,001 - £80,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The number of employees whose employee benefits (excluding employer pension costs and social security) exceeded £60,000 was: Group 2025 £ In the band £60,001 - £70,000 1 In the band £70,001 - £80,000 1” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: minimum of £300,000 (held: £2.3m)
“The Governing Board has established a Reserves Policy setting a minimum of £300,000 to be retained for the charity’s strategic reserves” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Scotdoc Consultancy Ltd, a company where Trustee Russell Muirhead is a director, provided clinical supervision services to staff. The cost of these services totaled £6,504 (2024: £6,511). At the year-end an amount of £542 was owed to (2024: £542) Scotdoc Consultancy Ltd.
“During the year Scotdoc Consultancy Ltd, a company where Trustee Russell Muirhead is a director, provided clinical supervision services to staff. The cost of these services totaled £6,504 (2024: £6,511). At the year-end an amount of £542 was owed to (2024: £542) Scotdoc Consultancy Ltd.” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Living Well Taking Control – Health Exchange Limited
“The charity has a subsidiary, Living Well Taking Control – Health Exchange Limited (company no. 14541125) which has its own Board of Directors.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£8.1m
Total spending
£7.2m
Reserves (reported)
£300k
Employees
55

Reported reserves equal ~0.5 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£8.1m£7.2m
31/03/2024£7.6m£6.8m
31/03/2023£1.3m£1.3m
31/03/2022£1.3m£1.3m
31/03/2021£1.5m£1.4m

Common questions

Is HEALTH EXCHANGE financially healthy?

The accounts state that the charity reported a net income of £838,408 for the year ended 31 March 2025, with total group income increasing by 6% to £8,046,144. Free reserves (unrestricted funds minus fixed assets) stood at £2,337,382, significantly above the stated minimum policy target of £300,000. The trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by PKF Francis Clark.

What does the highest-paid employee of HEALTH EXCHANGE earn?

Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 2 employees earned over £60,000.