THE WESSEX NEUROLOGICAL CENTRE TRUST
The WNCT (known also as the Smile4Rich Appeal or Smile4Wessex) aims to improve the range and quality of patient care at the Wessex Neurological Centre by raising funds to provide new equipment and facilities that would not otherwise be available, and by sponsoring pioneering research into new treatments for a variety of neurological conditions. Please visit www.smile4wessex.org for full details.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds decreased significantly from £383,773 to £170,378 due to charitable expenditure exceeding income. The trustees note that while investment performance has recovered, it continues to be affected by global factors, and they have paused major projects until funds are replenished.
What the accounts disclose
“It is the policy of the Trust to maintain, over a period of time, free reserves by holding investments to cover up to an average of twelve months of recurring expenditure, which the Trustees estimate to be approximately £50,000 per annum.” — page 4
Trustees
- Darren O'Sullivanchair
- Diederik Bulters
- Malcolm White
- Paul Grundy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £65k | £282k |
| 31/03/2024 | £118k | £68k |
| 31/03/2023 | £78k | £44k |
| 31/03/2022 | £71k | £45k |
| 31/03/2021 | £65k | £52k |
Common questions
Is THE WESSEX NEUROLOGICAL CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds decreased significantly from £383,773 to £170,378 due to charitable expenditure exceeding income. The trustees note that while investment performance has recovered, it continues to be affected by global factors, and they have paused major projects until funds are replenished. Its FY2025 accounts were independently examined.