NORTHCOTT DEVON MEDICAL FOUNDATION
The provision of grants to support medical research carried on in the county of Devon.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £116,096, with a total net asset value of £2.81 million. The trustees' policy is to maintain a very minimum of unspent income reserves, expecting to have largely spent income reserves at any one time. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“The reserves policy is to maintain a very minimum of unspent income reserves.”
“The Secretary, Mr R E T Borton is the sole director and shareholder of Scanniclift Limited. That firm provided secretarial and accounting services for the first part of the year at a cost of £1,500 (no VAT).” — page 3
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/10/2025 | £147k | £29k |
| 05/10/2024 | £74k | £61k |
| 05/10/2023 | £367k | £42k |
| 05/10/2022 | £70k | £77k |
| 05/04/2021 | £42k | £53k |
Common questions
Is NORTHCOTT DEVON MEDICAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £116,096, with a total net asset value of £2.81 million. The trustees' policy is to maintain a very minimum of unspent income reserves, expecting to have largely spent income reserves at any one time. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 3 | £345k |
| THE ELWYN THOMAS MEMORIAL FUND | 1 | £419k |
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| CONSERVATION COLLECTIVE | 1 | £21k |
| PLYMOUTH VCSE | 1 | £3k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |
| MOTABILITY | 1 | £763 |
Charities like this
- NORTHCOTT DEVON FOUNDATION
- ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY
- TORBAY AND SOUTH DEVON NHS CHARITABLE FUND
- NORTH CUMBRIA HOSPITALS NHS CHARITY
- ROYAL GLAMORGAN POSTGRADUATE MEDICAL CENTRE ASSOCIATION
- COMMUNITY COUNCIL OF DEVON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTHCOTT DEVON MEDICAL FOUNDATION | £147k | — | 0 | unclear | — | no doubt |
| NORTHCOTT DEVON FOUNDATION | £222k | — | 0 | within | — | no doubt |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | £1.9m | — | 0 | above | — | no doubt |
| TORBAY AND SOUTH DEVON NHS CHARITABLE FUND | £433k | — | 0 | unclear | — | no doubt |
| NORTH CUMBRIA HOSPITALS NHS CHARITY | £359k | — | 0 | unclear | — | no doubt |
| ROYAL GLAMORGAN POSTGRADUATE MEDICAL CENTRE ASSOCIATION | £114k | — | 0 | unclear | — | no doubt |