RETA LILA WESTON TRUST FOR MEDICAL RESEARCH
Financial health, per its FY2025 accounts
The accounts state that net assets decreased to £33,535,112 due to a significant loss on investments of £5,692,914, which outweighed investment income of £1,040,394 and grants paid. Despite this reduction, the trustees confirm that funds are adequate to fulfil the charity's obligations and there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustee seeks to maintain the value of the endowment as adjusted for United Kingdom inflation since April 2001. The trustee also seeks to maintain adequate available monies to enable the smooth day to day operations of the charity.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Reta Lila Howard Foundation
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £4.8m |
| 31/03/2024 | £707k | £791k |
| 31/03/2023 | £551k | £70k |
| 31/03/2022 | £464k | £77k |
| 31/03/2021 | £66 | £2.4m |
Common questions
Is RETA LILA WESTON TRUST FOR MEDICAL RESEARCH financially healthy?
The accounts state that net assets decreased to £33,535,112 due to a significant loss on investments of £5,692,914, which outweighed investment income of £1,040,394 and grants paid. Despite this reduction, the trustees confirm that funds are adequate to fulfil the charity's obligations and there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Chariot House Limited.