ACTION AGAINST MEDICAL ACCIDENTS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £115,031 for the year, resulting in a decrease in total unrestricted funds from £3,863,011 to £3,747,980. The trustees note that general reserves of £1,061,407 were just below the stated policy target of £1,195,000, with designated reserves reduced to £2,686,573 to support strategic investments. Despite declining traditional income streams, the balance sheet remained healthy with increased cash following the sale of property.
What the accounts disclose
“This general fund amount was just below our reserves policy explained above, resulting in £100k of designated reserves (transitional fund) required to fund this deficit.” — page 16
Corporate structure
- Registered company of the charity Companies House 02239250
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Amrat Khorana
- CAROLINE BROWNE
- Carol Parson
- Dr Agnelo Teles Fernandes
- Dr Harriet Leyland
- Dr Jocelyn Cornwell
- Farrah Pradhan
- MR MIKE ANDERSSON
- Michele Salter
- William Kilvington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.6m |
| 31/03/2024 | £1.5m | £1.4m |
| 31/03/2023 | £1.3m | £1.2m |
| 31/03/2022 | £1.1m | £1.2m |
| 31/03/2021 | £1.2m | £1.1m |
Common questions
Is ACTION AGAINST MEDICAL ACCIDENTS financially healthy?
The accounts state that the charity reported a net expenditure of £115,031 for the year, resulting in a decrease in total unrestricted funds from £3,863,011 to £3,747,980. The trustees note that general reserves of £1,061,407 were just below the stated policy target of £1,195,000, with designated reserves reduced to £2,686,573 to support strategic investments. Despite declining traditional income streams, the balance sheet remained healthy with increased cash following the sale of property. Its FY2025 accounts were audited by Sayer Vincent LLP.