THE E P A CEPHALOSPORIN FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £693,419 for the year ended 5 April 2025, driven by investment gains of £1,020,476. Total net assets increased to £106,670,370, with unrestricted reserves standing at £702,234. The trustees confirm that available reserves are sufficient to meet all commitments and that the charity is not dependent on donations.
What the accounts disclose
“The Trustees aim to retain sufficient unrestricted reserves to ensure the long term sustainability of the Charity, without expending the expendable endowment fund unless necessary, and to allow it the flexibility to practically consider all grant applications of any reasonable value.” — page 6
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- PROFESSOR NEIL BARCLAYchair
- PROFESSOR JEFFERY ERRINGTON FRS
- PROFESSOR PENELOPE ANN HANDFORD
- Professor Christoph Marcel Tang
- Professor Philip Anton van der Merwe
- Professor Tony Green
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £4.4m | £4.7m |
| 05/04/2024 | £4.2m | £1.4m |
| 05/04/2023 | £4.0m | £5.5m |
| 05/04/2022 | £3.8m | £1.9m |
| 05/04/2021 | £3.5m | £881k |
Common questions
Is THE E P A CEPHALOSPORIN FUND financially healthy?
The accounts state that the charity reported a net surplus of £693,419 for the year ended 5 April 2025, driven by investment gains of £1,020,476. Total net assets increased to £106,670,370, with unrestricted reserves standing at £702,234. The trustees confirm that available reserves are sufficient to meet all commitments and that the charity is not dependent on donations. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| SIR HALLEY STEWART TRUST | 1 | £40k |
| COLWINSTON CHARITABLE TRUST | 1 | £8k |
| THE ABDALLA FOUNDATION | 1 | £7k |