LABORATORY ANIMALS LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £1,466,815 at the end of the financial year, which is above its stated policy target of holding reserves at least double the total resources expended in any one year. The charity reported a net income surplus of £84,981 for the year, driven by investment gains, while operating costs were covered by trading income and investment returns.
What the accounts disclose
“The company has a policy of holding reserves which are at least double the total resources expended in any one year” — page 9
Trustees
- Dr JAN BAS PRINSchair
- Alison Ritchie
- Dr COLIN GILBERT
- Dr Isabel Blanco
- Dr Javier Guillen
- Dr Jordi Tremoleda
- Dr Jussi Helppi
- Dr LUIS MIGUEL ATUNES
- Dr MICHAEL WILKINSON
- Dr Marion Berard
- Dr NATHAN EZOV
- Dr Paulin Jirkof
- Dr Pim Rooymans
- Dr Sara Wells
- ELEANOR WEIR
- JOHN GREGORY
- JOSE MARIA ORELLANA
- Ken Applebee
- Professor Thorsten Buch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £250k | £248k |
| 31/12/2023 | £234k | £251k |
| 31/12/2022 | £243k | £269k |
| 31/12/2021 | £216k | £192k |
| 31/12/2020 | £294k | £220k |
Common questions
Is LABORATORY ANIMALS LIMITED financially healthy?
The accounts state that the charity held unrestricted reserves of £1,466,815 at the end of the financial year, which is above its stated policy target of holding reserves at least double the total resources expended in any one year. The charity reported a net income surplus of £84,981 for the year, driven by investment gains, while operating costs were covered by trading income and investment returns. Its FY2023 accounts were audited by Hartley Fowler LLP.
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