THE NUFFIELD TRUST FOR RESEARCH AND POLICY STUDIES IN HEALTH SERVICES
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £111,168,000, driven by a significant surplus in investment gains. The charity maintains free reserves of £1,675,000, which the trustees consider within the agreed target band to meet foreseeable needs. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“£190,000 to £200,000 1”
“Current ‘free reserves’ (being the total of ‘Short term deposits’ and ‘Cash and bank and in hand’) are £1,675,000 and are within the target band.”
“The Trust holds a wholly owned trading subsidiary, Nuffield Trading Limited, which historically carried out non-charitable trading activity for the Trust. At the end of the September 2019 financial year, the decision to absorb these activities into the Charity as non-primary purpose income was made and the subsidiary has since moved to a dormant status.”
Year-over-year changes
- Top pay band moved from £180,001 - £190,000 (FY2024) to £190,000 - £200,000 (FY2025).
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "below" (FY2025).
Corporate structure
- Registered company of the charity Companies House 00382452
- Trading subsidiary: NUFFIELD TRADING LIMITED Companies House 06898100
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Dr Crystal Elizabeth Oldman
- Dr Nnenna Osuji
- Dr Robert Edward Klaber
- JENNIFER BISHOP
- Muhammad Irshaad Amhad
- Professor David Oliver
- Professor Graham Paul Martin PhD
- Professor Martin Neil Marshall
- Samira Ben Omar
- Sarah Jane Pickup
- Sonja Marjanovic
- Tara Cline
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £3.6m | £5.3m |
| 30/09/2024 | £4.0m | £5.1m |
| 30/09/2023 | £4.0m | £5.3m |
| 30/09/2022 | £4.1m | £4.9m |
| 30/09/2021 | £3.7m | £4.6m |
Common questions
Is THE NUFFIELD TRUST FOR RESEARCH AND POLICY STUDIES IN HEALTH SERVICES financially healthy?
The accounts state that total net assets increased to £111,168,000, driven by a significant surplus in investment gains. The charity maintains free reserves of £1,675,000, which the trustees consider within the agreed target band to meet foreseeable needs. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of THE NUFFIELD TRUST FOR RESEARCH AND POLICY STUDIES IN HEALTH SERVICES earn?
Per its FY2025 accounts, the highest-paid employee was in the £190,000 - £200,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PENNIES FOUNDATION | 1 | £73k |
| MAY HEARNSHAW CHARITABLE TRUST | 1 | £14k |
| THE HOSPITAL OF GILBERT, EARL OF SHREWSBURY AT SHEFFIELD | 1 | £7k |
| Evelyn Partners Charitable Trust | 1 | £700 |