TRUSTEES OF THE LONDON CLINIC LIMITED
The provision of medical care to patients and the sick and the promotion and advancement of scientific research, good clinical practice and training.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £23.7m for the year ended 31 December 2024, driven by £4.6m in one-off transaction-related costs and increased staff and supply expenses. Despite this loss, the charity maintains substantial unrestricted reserves of £122.2k and cash reserves of £45.8m, which the trustees consider sufficient to meet ongoing requirements and fund capital expansion.
What the accounts disclose
“During the year, fees of £65k (2023: £268k) were paid to London Haematology Limited in respect of professional clinical services provided to the Charity to support delivery of the haematology and oncology service. Professor John Gribben is a Trustee of the Charity and a director and shareholder of London Haematology Limited.” — page 47
“Hamish Leslie Melville (who resigned as a trustee in November 2024) gave a charitable donation of £2,699 during the year.” — page 47
“During the year, fees of £65k (2023: £268k) were paid to London Haematology Limited in respect of professional clinical services provided to the Charity to support delivery of the haematology and oncology service. Professor John Gribben is a Trustee of the Charity and a director and shareholder of London Haematology Limited.” — page 47
“Hamish Leslie Melville (who resigned as a trustee in November 2024) gave a charitable donation of £2,699 during the year.” — page 47
Corporate structure
- Registered company of the charity Companies House 00307579
Company officers (Companies House)
- DRUMMOND, Lynn, Dr on trustee list
- RICHMAN, Larry Dale on trustee list
- CHRISMAN, Howard Brett, Dr on trustee list
- KACHMER, Michael James on trustee list
- SULLIVAN, Timothy Patrick on trustee list
- BUSSEY, Michael Adrian on trustee list
- WALTERS, Geraldine, Professor on trustee list
- HARDWICK, Philippa Anne on trustee list
- HOLMES, Claire on trustee list
- CHANDE, Manish Jayantilal on trustee list
- HOLTBY, Georgina
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- The London Clinic: Good
Trustees
- Michael Adrian Busseychair
- Claire Holmes
- Dr Howard Brett Chrisman
- Dr Lynn Drummond
- Larry Dale Richman
- MANISH JAYANTILAL CHANDE
- Michael James Kachmer
- Philippa Anne Hardwick
- Professor Geraldine Walters
- Timothy Patrick Sullivan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £188.1m | £210.8m |
| 31/12/2023 | £184.6m | £190.1m |
| 31/12/2022 | £167.5m | £178.6m |
| 31/12/2021 | £155.6m | £169.3m |
| 31/12/2020 | £153.4m | £162.1m |
Common questions
Is TRUSTEES OF THE LONDON CLINIC LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £23.7m for the year ended 31 December 2024, driven by £4.6m in one-off transaction-related costs and increased staff and supply expenses. Despite this loss, the charity maintains substantial unrestricted reserves of £122.2k and cash reserves of £45.8m, which the trustees consider sufficient to meet ongoing requirements and fund capital expansion. Its FY2024 accounts were audited by RSM UK Audit LLP.
Who funds TRUSTEES OF THE LONDON CLINIC LIMITED?
Funders whose own accounts filings name TRUSTEES OF THE LONDON CLINIC LIMITED as a grant recipient include THE MASTER CHARITABLE TRUST, THE EMMANUEL KAYE FOUNDATION, PHILIP KING CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2023 | £4.0m | |
| THE EMMANUEL KAYE FOUNDATION | FY2025 | £30k | |
| PHILIP KING CHARITABLE TRUST | FY2024 | £18k | Funding for international nurse at new facility |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 2 | £170k |
| NNS FOUNDATION | 1 | £6.5m |
| THE RCN FOUNDATION | 1 | £30k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £4k |
| THE DWF FOUNDATION | 1 | £1k |
Charities like this
- STOCKPORT NHS FOUNDATION TRUST GENERAL FUND
- CLEVELAND CLINIC PHILANTHROPY (UK) LTD
- THE CANCER TREATMENT AND RESEARCH TRUST CIO
- THE BIRMINGHAM COMMUNITY HEALTHCARE NHS FOUNDATION TRUST GENERAL CHARITY
- THE ROBERT JONES AND AGNES HUNT ORTHOPAEDIC HOSPITAL CHARITABLE FUND
- THE ROYAL COLLEGE OF PHYSICIANS OF LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRUSTEES OF THE LONDON CLINIC LIMITED | £188.1m | — | — | unclear | — | no doubt |
| STOCKPORT NHS FOUNDATION TRUST GENERAL FUND | £930k | — | 0 | above | — | no doubt |
| CLEVELAND CLINIC PHILANTHROPY (UK) LTD | £6.9m | — | 0 | above | — | no doubt |
| THE CANCER TREATMENT AND RESEARCH TRUST CIO | £502k | — | 0 | above | — | no doubt |
| THE BIRMINGHAM COMMUNITY HEALTHCARE NHS FOUNDATION TRUST GENERAL CHARITY | £1.1m | — | 0 | unclear | — | no doubt |
| THE ROBERT JONES AND AGNES HUNT ORTHOPAEDIC HOSPITAL CHARITABLE FUND | £635k | — | 0 | above | — | no doubt |