Finance Score: -8
Governance Score: 8
Support Score: 5
  • Excess reserves: -5
  • Large legacies income: +1
  • Fundraising costs high: -4
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Award winner
  • Overall weighted support: +5
Overall GiG Score: 5 ?

GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY

Great Ormond Street Hospital Children's Charity undertakes fundraising activities in order to invest in development, research and innovation, welfare and clinical development projects, medical equipment and capital infrastructure, all of which will enhance Great Ormond Street Hospital's ability to transform the health and well being of children and young people.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker recently
  • This charity is a recent Award Winner
  • This charity has received considerable income from legacies in recent years
  • There have been no income shortfalls in recent years
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Why are there 13 trustees whereas the Charities Commission recommends a maximum of 12?
  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £437,598,000 available, equivalent to 76 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£107,691£69,051£38,640£40,524£487,784£437,59876248963
31/03/22£74,541£59,205£15,336£27,650£521,315£505,691102.5200506
31/03/21£68,451£46,092£22,359£18,586£498,814£484,678126.2218518
31/03/20£91,464£78,743£12,721£25,131£479,323£489,25274.62341,127
31/03/19£87,527£71,336£16,191£21,566£471,732£469,386792491,133
31/03/18£103,169£68,855£34,314£28,425£342,054£332,48857.92520
31/03/17£93,290£87,447£5,843£28,085£307,367£294,28440.42410
31/03/16*£93,777£51,383£42,394£24,071£293,010£290,11667.82200

Financial Ratios
Fundraising Costs/Relevant Income: 40.9%
Fundraising Costs/Total Spending: 58.7%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 13%
Liabilities/Income: 67%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 76 months
Net Current Assets/Spending: 29 months
Quick Ratio: 0.9
Asset Split ?
Balance Sheet History
Established: 10 years

http://www.gosh.org

supporter.care@gosh.org

02038413131

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Specialty hospitals (incl psychiatric)
How it operates
  • Makes grants to organisations
  • Provides buildings/facilities/open space
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People

Who supports them? ?

Awards received
  • Charity Times 2024 Awards Charity with income >£10m
Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Rothschild Foundation - Grant to Great Ormond Street Hospital
£500 27/03/2023
Grant for staff member marathon in aid of GOSH
Co-Operative Group - Grant to The Naomi Fardell Fund on behalf of gt Ormond St, heartlink at Glenfield and kingfisher community care
£2,500 04/08/2017
Help us purchase medical equipment that enables terminally ill children and babies to remain at home with their family.
Wolfson Foundation - Grant to Great Ormond Street Hospital Children's Charity
£50,000 16/06/2017
3T MRI scanner for new intra-operative MRI suite
Somerset Community Foundation - Professor Shamima Rahman’s research into Mitochondrial Disease
£20,000 12/04/2017
12
Research into Mitochondrial Disease
Wolfson Foundation - Grant to Great Ormond Street Hospital Children's Charity
£1,500,000 08/12/2016
Good Manufacturing Practice facility in new Zayed Centre for Research into Rare Disease in Children
Hazelhurst Trust - Grant
£1,010 13/09/2013
Olivia Hodosn Fund - Cancer research

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split
Based on 12/13 persons

Age Range of Trustees: 44-73
  • ANNE BULFORD (Chair) Appointed: 2019, Occupation: Director
  • CHRISTOPHER JOHN ALLEN Appointed: 2024, Occupation: None
  • DAVID GERMAIN Appointed: 2021, Occupation: Chief Information Officer
  • DR MASOOD AHMED Appointed: 2023, Occupation: Chief Digital Information Officer
  • JOSHUA CRITCHLEY Appointed: 2024, Occupation: Banker
  • JENNIFER BETHLEHEM Appointed: 2017, Occupation: Lawyer
  • KARIMA FAHMY Appointed: 2022, Occupation: Company Director
  • KEVIN JOHN THOMPSON Appointed: 2020, Occupation: Group Finance Director
  • LOUISE JUSTHAM Appointed: 2020, Occupation: Global Marketing Director
  • MICHAEL ANDREW WISEMAN Appointed: 2022, Occupation: Chartered Surveyor
  • NICKY BISHOP Appointed: 2017, Occupation: Fundraising Consultant
  • PROFESSOR FIONA ROSS Appointed: 2023, Occupation: Professor Emerita In Health And Social Care
  • PROFESSOR SIR DOUGLASS MATTHEW TURNBULL Appointed: 2022, Occupation: Retired Clinical Academic
Legal constitution
  • Charitable company registered in England & Wales on 19/01/2015, number: 1160024
  • Registered at Companies House on 03/12/2014, number: 09338724
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
8 returns made; AR16: 1 days late,
Recent reorganisation events:
  • Asset transfer in from GOAL 4 KIDS on 03/02/2021
  • Asset transfer in from FORMER EMS LIMITED on 11/05/2021
Main office

40 Bernard Street
2nd Floor
London
WC1N 1LE

Objectives

TO FURTHER SUCH CHARITABLE PURPOSES RELATING TO:A) THE HOSPITAL SERVICES (INCLUDING RESEARCH) OF GREAT ORMOND STREET HOSPITAL; ORB) ANY OTHER PART OF THE HEALTH SERVICE ASSOCIATED WITH GREAT ORMOND STREET HOSPITAL AS THE TRUSTEES THINK FIT,PROVIDED THAT SUCH SUPPORT IS NOT OF A KIND THAT WOULD ORDINARILY BE GIVEN BY THE STATUTORY AUTHORITIES.

Data Sources

Charity Commission for England and Wales
360 Giving

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