LIFEARC
Activities
As described by the charity on the register
SIC Code: 72110 - Research and experimental development on biotechnology1. Performing our own research in order to progress technologies and treatments for the benefit of human health.2. Work with universities, charities, public bodies and industry to accelerate the progression of biomedical discoveries to develop new treatments or therapeutics for the medical profession and public.
Latest income
£86.7m
Expenditure
£109m
Financial year end
2025-12-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-12-31 | £17.9m | £56.5m | |
| 2022-12-31 | £22.9m | £60.3m | |
| 2023-12-31 | £170m | £73.5m | |
| 2024-12-31 | £205m | £95.9m | |
| 2025-12-31 | £86.7m | £109m |
Latest detailed return
Year end 2025-12-31
Income mix
| Donations & legacies | £0 |
| Charitable activities | £75.2m |
| Trading | £0 |
| Investment income | £11.4m |
| Total income | £86.7m |
Spending
| Charitable spend | £106m |
| Raising funds | £3.0m |
| Grants to institutions | £33.5m |
| Governance | £1.4m |
| Total expenditure | £109m |
Balance sheet
| Reserves | £1.70bn |
| Total funds | £1.70bn |
| — restricted | £0 |
| — unrestricted | £1.70bn |
| — endowment | £0 |
| Total assets | £1.70bn |
| Cash | £11.8m |
People
| Employees | 368 |
Classification
The charity's own register classification
What it does
- The Advancement Of Health Or Saving Of Lives
Who it helps
- The General Public/mankind
How it works
- Sponsors Or Undertakes Research
Source: Charity Commission for England and Wales register, 2026-09-05. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.