THE FREEMASONS' FUND FOR SURGICAL RESEARCH
Financial health, per its FY2024 accounts
The accounts state that the unrestricted fund holds a deficit of £291,004, which the Trustees intend to clear via a transfer from the restricted endowment fund. The charity holds total net assets of £7,469,334, with the majority (£7,760,338) held in the endowment fund, while the unrestricted fund shows a negative balance. The Trustees have a realistic expectation that future income will cover the deficit, and the auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The unrestricted fund shows a total deficit of £291,004 (2023 – £267,527). The Trustees have a realistic expectation that future income will be received to cover the deficit. A transfer of £291,004 from the restricted fund will be made to clear this deficit, as stated in note 13 of the accounts.” — page 6
Trustees
- Howard Ian Sabin
- JOLYON ARTHUR LEONARD BERRY
- JULIAN ROBERT SOPER
- Jonathon Andrew Randall
- Justinian Ash
- PROFESSOR ANTONY NARULA
- Paul Copsey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £203k | £317k |
| 31/12/2023 | £268k | £293k |
| 31/12/2022 | £265k | £292k |
| 31/12/2021 | £149k | £291k |
| 31/12/2020 | £164k | £208k |
Common questions
Is THE FREEMASONS' FUND FOR SURGICAL RESEARCH financially healthy?
The accounts state that the unrestricted fund holds a deficit of £291,004, which the Trustees intend to clear via a transfer from the restricted endowment fund. The charity holds total net assets of £7,469,334, with the majority (£7,760,338) held in the endowment fund, while the unrestricted fund shows a negative balance. The Trustees have a realistic expectation that future income will cover the deficit, and the auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Dixon Wilson Audit Services LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LOLLIPOP FOUNDATION | 1 | £75k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £75k |
| ORTHOPAEDIC RESEARCH UK | 1 | £72k |
| GLOBAL HEALTH PARTNERSHIPS | 1 | £54k |
| THE VASCULAR SOCIETY | 1 | £23k |
| THE ADINT CHARITABLE TRUST | 1 | £20k |
| Friends of the Nations' Libraries | 1 | £11k |
| THE WYNDHAM CHARITABLE TRUST | 1 | £4k |