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 Annual Report andFinancial Statements 
 
 Wellcome Trust 
 We are a global charitable oundation dedicated to achievingextraordinary improvements in human and animal health. We support the brightest minds in biomedical research andthe medical humanities. Our breadth o support includespublic engagement, education and the application o research to improve health. We are independent o both political and commercial interests.
The Wellcome Trust is a charity registered in England and Wales, no. .
 
Contents
Chairman’s Statement  Trustee’s Report
Financial Review Review o Past and Future Activities Review o Investment Activities Remuneration Report Structure and Governance 
Independent Auditors’ Report Consolidated Statement o Financial Activities Consolidated Balance Sheet Statement o Financial Activities o the Trust Balance Sheet o the Trust Consolidated Cash Flow Statement Notes to the Financial Statements Reerence and Administrative Details 
 Annual Report |Contents| 
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