MEDICAL RESEARCH COUNCIL STAFF BENEVOLENT FUND ASSOCIATION
The Charity helps present and retired members of staff and their families who experience financial difficulties. Each case is assessed on its own merits.
Financial health, per its FY2025 accounts
The charity reported a surplus of £40,515 for the year, resulting in unrestricted funds increasing to £934,183. The trustees maintain a reserves policy aimed at covering annual expenditure from generated income, with no specific monetary target stated. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to aim to cover annual expenditure from income generated during the year. Consequently the reserves are held at a sufficient level to generate an adequate income stream.” — page 5
Trustees
- Dr MARK ADRIAN PITMANchair
- Anne Marie Philp
- Clare Soares
- David John Poor
- Dr Catherine Moody
- JOHN SAWKINS
- Michael Bennett
- SUSAN WHYTOCK
- VANESSA ANN COX
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £36k | £22k |
| 30/09/2024 | £30k | £14k |
| 30/09/2023 | £31k | £12k |
| 30/09/2022 | £26k | £22k |
| 30/09/2021 | £25k | £19k |
Common questions
Is MEDICAL RESEARCH COUNCIL STAFF BENEVOLENT FUND ASSOCIATION financially healthy?
Per its FY2025 accounts: The charity reported a surplus of £40,515 for the year, resulting in unrestricted funds increasing to £934,183. The trustees maintain a reserves policy aimed at covering annual expenditure from generated income, with no specific monetary target stated. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.