RETA LILA WESTON TRUST FOR MEDICAL RESEARCH
The principal objectives of the Charity are to provide monies for the purposes of providing medical research and promoting neurological research throughout the UK and providing funding to the Department of Neurological Studies at the Middlesex Hospital and Medical School, London, now part of University College London.
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?
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. Its FY2025 accounts were audited by Chariot House Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £4.0m |
| KUSUMA TRUST UK | 1 | £477k |
| THE ROTHES CHARITABLE TRUST | 1 | £52k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 1 | £38k |
| MUKUL MADHAV FOUNDATION UK | 1 | £36k |
| THE EMMANUEL KAYE FOUNDATION | 1 | £30k |
| PHILIP KING CHARITABLE TRUST | 1 | £18k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 1 | £17k |
Charities like this
- WESTON PARK HOSPITAL DEVELOPMENT FUND LTD
- THE GALEN AND HILARY WESTON FOUNDATION
- TRUSTEES OF THE LONDON CLINIC LIMITED
- GREAT WESTERN HOSPITAL NHS FOUNDATION TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES
- BRAIN RESEARCH TRUST
- THE MEDICAL COLLEGE OF SAINT BARTHOLOMEW'S HOSPITAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RETA LILA WESTON TRUST FOR MEDICAL RESEARCH | £1.0m | — | 0 | unclear | — | no doubt |
| WESTON PARK HOSPITAL DEVELOPMENT FUND LTD | £4.0m | — | — | unclear | — | no doubt |
| THE GALEN AND HILARY WESTON FOUNDATION | £1.1m | — | 0 | unclear | — | no doubt |
| TRUSTEES OF THE LONDON CLINIC LIMITED | £188.1m | — | — | unclear | — | no doubt |
| GREAT WESTERN HOSPITAL NHS FOUNDATION TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES | £576k | — | 0 | unclear | — | no doubt |
| BRAIN RESEARCH TRUST | £4.4m | — | — | above | — | no doubt |