THE WILL EDMONDS CLINICAL RESEARCH FUND
To us ethe income to award a Fellowship in clinical research in hospitals in the Metropolitan area of London. The research must concern diseases such as usually treated at a General Hospital, excluding tropical and rare diseases.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net unrestricted operating loss of £181k for the year ended 31 December 2024, though a surplus of £377k was achieved after adjusting for transfers from trust funds. Free reserves net of lease liabilities amounted to £13m, representing close to four months of unrestricted operational expenditure, which the trustees consider a significant improvement on the prior year. The Board of Trustees confirmed that adequate levels of cash and reserves exist to support the charity's operations on a going concern basis through at least September 2026.
What the accounts disclose
“Donations totalling £333 (2023: £933) were received from two trustees in the year (2023: 3).” — page 77
“The total transactions in the year from the RCP Regent’s Park Limited to the RCP totalled £2,356k, with the RCP as at 31 December 2024 owing the trading company £1,648k in relation to an intercompany balance.”
“Donations totalling £333 (2023: £933) were received from two trustees in the year (2023: 3).” — page 77
“The total transactions in the year from the RCP Regent’s Park Limited to the RCP totalled £2,356k, with the RCP as at 31 December 2024 owing the trading company £1,648k in relation to an intercompany balance.”
“Following the EGM, we commissioned The King’s Fund to undertake an independent review to support our learning. We accepted the report’s recommendations in full and developed an action plan to implement them.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £2k |
| 31/12/2023 | £12k | £2k |
| 31/12/2022 | £8k | £2k |
| 31/12/2021 | £7k | £3k |
| 31/12/2020 | £3k | £1k |
Common questions
Is THE WILL EDMONDS CLINICAL RESEARCH FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net unrestricted operating loss of £181k for the year ended 31 December 2024, though a surplus of £377k was achieved after adjusting for transfers from trust funds. Free reserves net of lease liabilities amounted to £13m, representing close to four months of unrestricted operational expenditure, which the trustees consider a significant improvement on the prior year. The Board of Trustees confirmed that adequate levels of cash and reserves exist to support the charity's operations on a going concern basis through at least September 2026. Its FY2024 accounts were audited by Crowe U.K. LLP.