WESSEX MEDICAL TRUST

Registered charity 274839 · accounts filings on the Charity Commission register · also known as HOPE - FUNDING RESEARCH FIGHTING DISEASE

Funding Medical Research

Causes: The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£182k
Latest spending
£432k
Registered
1978
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the overall financial position remains sound, with unrestricted reserves of £1,903,288 significantly exceeding the stated policy target of £200,000. The charity reported a net movement in funds of £189,945, driven by substantial legacy income and investment returns, while maintaining sufficient cash liquidity for future obligations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Wessex Medical Research (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2024)

Total income
£565k
Total spending
£428k
Cost of raising funds
£20k
Reserves (reported)
£200k
Employees
0

Reported reserves equal ~5.6 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 3.5% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bournemouth · Dorset · Guernsey · Hampshire · Isle Of Wight · Jersey · Poole · Southampton City · Wiltshire

Income and spending

Financial year endIncomeSpending
31/12/2025£182k£432k
31/12/2024£565k£428k
31/12/2023£420k£348k
31/12/2022£337k£233k
31/12/2021£1.1m£134k

Common questions

Is WESSEX MEDICAL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the overall financial position remains sound, with unrestricted reserves of £1,903,288 significantly exceeding the stated policy target of £200,000. The charity reported a net movement in funds of £189,945, driven by substantial legacy income and investment returns, while maintaining sufficient cash liquidity for future obligations. Its FY2024 accounts were independently examined.

Who funds WESSEX MEDICAL TRUST?

Funders whose own accounts filings name WESSEX MEDICAL TRUST as a grant recipient include THE RICHARD KIRKMAN TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE RICHARD KIRKMAN TRUSTFY2022£17k
THE RICHARD KIRKMAN TRUSTFY2024£5k
THE RICHARD KIRKMAN TRUSTFY2025£3k
THE RICHARD KIRKMAN TRUSTFY2023£2k