Overall GiG Score: 4 ?
Finance Score: -7
Governance Score: 9
Support Score: 2
  • Excess reserves: -4
  • Fundraising costs high: -3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +2

THE ROYAL FREE CHARITY 

We support the Royal Free London NHS Foundation Trust at the Royal Free Hospital, Barnet Hospital and Chase Farm Hospital through achieving our four key strategic objectives: Adding value to the patient experience; Helping improve the staff experience; Investing in the physical and technical environment; and Investing on medical research and facilities.
Analysis by Giving is Great

Positives:

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

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £80,630,000 available, equivalent to 43 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are high relative to funds raised
Established: 27 years

https://www.royalfreecharity.org/

Jon.Spiers@royalfreecharity.org

02074726677

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£25,090£22,371£2,719£5,628£108,583£80,63043.370403
31/03/22*£25,347£12,163£13,184£1,905£106,653£86,78785.668400
31/03/21£8,478£14,554£-6,076£1,973£93,254£55,15745.561200
31/03/20£9,496£7,916£1,580£1,519£92,240£50,46476.563800
31/03/19£42,179£21,693£20,486£2,089£93,875£54,37830.166800
31/03/18£13,273£8,816£4,457£1,806£73,391£35,33348.1450
31/03/17£16,507£6,559£9,948£1,118£69,233£33,13460.6330

Financial Ratios
Fundraising Costs/Relevant Income: 29.1%
Fundraising Costs/Total Spending: 25.4%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 17%
Liabilities/Income: 86%
Unrestricted Funds/Total Funds: 74%
Reserves/Spending: 43.3 months
Net Current Assets/Spending: 8 months
Quick Ratio: 0.7
Asset Split ?
What it does
  • The Advancement Of Health Or Saving Of Lives
Who works here?
  • 70 employees
  • 403 volunteers
Who it helps
  • The General Public/Mankind
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
Where it operates
  • Barnet, Camden, Enfield, Haringey,

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Check In and Chat at the Royal Free Hospital Support Hub
£9,999 16/12/2022
Funding will be used to support delivery of the Support Hub’s Check in and Chat service supporting disadvantaged people with long-term health conditions. This project aims to offer emotional and ....more
Masonic Trust - Sensory Dementia Garden and Stroke Rehabilitation Garden
£10,000 20/07/2016
Dementia Care sensory garden and a Stroke and Neuro-rehabilitation garden to enhance patient care and recovery.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split
Based on 10/12 persons

Age Range of Trustees: 37-69
  • SIMON LYONS Appointed: 2023, Occupation: Investment Banker
Legal constitution
  • Charitable company registered in England & Wales on 25/02/1997, number: 1165672
  • Registered at Companies House on 04/02/2016, number: 09987907
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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
7 returns made; AR22: 139 days late,
Recent reorganisation events:
  • Asset transfer in from NRC SUPPORT GROUP on 08/04/2022
Main office

The Pears Building
Pond Street
LONDON
NW3 2PP

Objectives

3.1 THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:(A) TO FURTHER ANY CHARITABLE PURPOSE OR PURPOSES RELATING TO THE GENERAL OR ANY SPECIFIC PURPOSES OF THE FOUNDATION TRUST OR THE PURPOSES OF THE HEALTH SERVICE;(B) TO PROMOTE, PROTECT, PRESERVE AND ADVANCE ALL OR ANY ASPECTS OF THE HEALTH AND WELFARE OF THE PUBLIC, PARTICULARLY WITHIN THE CATCHMENT AREA OF THE FOUNDATION TRUST; AND (C) TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION IN MEDICINE, INCLUDING BY ENGAGING IN AND SUPPORTING MEDICAL RESEARCH.3.2 THIS ARTICLE 3 MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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