| Charitynumber | RegisteredCharity1190167 | |
|---|---|---|
| Trustees | ProfessorDavidCoggonOBEMAPhDDMFRCPFFOMFFPHFMedSci | |
| MrsChristinaFitzsimons(appointedMay2021) | ||
| MrsClareGilchrist | ||
| DrAlexJonesMChemPhDFRSC(appointedMay2021) | ||
| MrsPatriciaLebus | ||
| DrIraMadanMBBS(Hons)MDFRCPFFOM | ||
| ProfessorSirAnthonyNewmanTaylorCBEFRCPFFOMFMedSci(Chairman) | ||
| MrPeterO'Hea(retiredMay2021) | ||
| ChiefExecutive | MrsNatashaHeydon | |
| ScientificAdvisers | ProfessorPaulCullinanMD,FRCP,FFOM,NationalHeartandLungInstitute, | |
| ImperialCollege,London | ||
| DrRodgerDuffinBSc(Hons),PhD,MRCPath,FRSB,UniversityofEdinburgh | ||
| DrElaineWainwright,CPsychol,PhD,FHEA,MSc,MA(Oxon) | (appointed | |
| November2021) | ||
| InvestmentAdviser | MrRoystonFoxFPFS | |
| Charityaddress | UnitE,TheOldBakery | |
| GoldenSquare | ||
| Petworth | ||
| WestSussexGU28OAP | ||
| www.coltfoundation.org.uk | ||
| Emailtash@coltfoundation.org.uk | ||
| Bankers | LloydsBankLtd,34Moorgate,London,EC2R6PL(closedNovember2021) | |
| CaterAllenPrivateBank,2TritonSquare,London,NW13AN(opened | November | |
| 2021) | ||
| Solicitors | Farrer&Co,66Lincoln'sInnFields,London,WC2A3LH | |
| Accountants | TCGroup,3AcornBusinessCentre,NortharbourRoad,Cosham,P063TH | |
| Investmentmanagers | Qui!terCheviotInvestmentManagement,SenatorHouse,85QueenVictoria | |
| Street,LondonEC4V4AB |
| Thed | onationreceivedintothecharityonthe1stJanuary2021comprised: | |
|---|---|---|
| Listed | investmentscomprisingaportfolioofdiverseequityinvestments | 31,723,130 |
| Fixed | termbankdeposits | 1,004,546 |
| Liquid | cashbalances | 300,220 |
| Grant | commitmentsasat31/12/2020 | (1,325,455) |
| 31,702,441 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| Funds | Funds | ||
| Note | Yearended | Periodended | |
| 31Dec2021 | 31Dec2020 | ||
| £ | |||
| Incomingresources | |||
| Donations: | |||
| TransferoffundstoCIO | 9 | 31,702,441 | |
| Investmentincome | 3 | 932,601 | |
| Totalincomingresources | 32,635,042 | ||
| Expenditure | |||
| Expenditureonraisingfunds: | |||
| Investmentmanagementcosts | 4 | (121,307) | |
| Expenditureoncharitableactivities: | |||
| Charitableactivities | 4 | (574,622) | |
| Totalresourcesexpended | (695,929) | ||
| Gainsinmarketvalueoflistedinvestments | 4,345,769 | ||
| Netmovementinfunds | 36,284,882 | ||
| Reconciliationoffunds | |||
| Totalfundsatstartoftheperiod | |||
| Totalfundsatendoftheperiod | 36,284,882 |
| 31Dec2021 | 31Dec2020 | |
|---|---|---|
| Fixedassets | ||
| Investments | 36,741,990 | |
| Cashdeposits | 210,151 | |
| 36,952,141 | ||
| Currentassets | ||
| Debtors | 1,200 | |
| Cashatbank | 573,174 | |
| 574,374 | ||
| Currentliabilities | ||
| Creditors:amountsfallingduewithinoneyear-grantspayable | (925,762) | |
| Netcurrentliabilities | (351,388) | |
| Creditors:amountsfallingdueafteroneyear-grantspayable | (315,871) | |
| Totalnetassets | 36,284,882 | |
| Thefundsofthecharity | ||
| Unrestrictedfunds | 36,284,882 | |
| Totalcharityfunds | 36,284,882 |
| 31Dec2021 | 31Dec2020 | |
|---|---|---|
| Cashflowfromoperatingactivities | 523,815 | |
| Cashflowfrominvestingactivities | ||
| Purchasesofinvestments | (3,176,407) | |
| Receiptsfromsaleofinvestments | 2,503,316 | |
| Interestreceived | ||
| Dividendsreceived | 932,601 | |
| Netcashflowfrominvestingactivities | 259,510 | |
| Netincreaseincashduringtheyear | 783,325 | |
| Cashandcashequivalentsbroughtforward | ||
| Cashandcashequivalentscarriedforward | 783,325 | |
| Cashandcashequivalentsconsistsof: | ||
| Cashdeposits | 210,151 | |
| Cashatbank | 573,174 | |
| 783,325 |
| Netincome/expenditurefortheyear | 36,284,882 |
|---|---|
| Dividendsreceived | |
| (932,601) | |
| Gainsoninvestments | (4,345,769) |
| Non-cashgiftfromformercharity | (30,397,675) |
| Interestreceived | |
| Increaseindebtors | (1,200) |
| Decreaseingrantcommitments | (83,822) |
| Netcashflowfromoperatingactivity | 523,815 |
| Year | Period | |
|---|---|---|
| ended | ended | |
| 31Dec2021 | 31Dec2020 | |
| £ | £ | |
| Wagesandsalaries | 65,606 | _ |
| Socialsecuritycosts | 6,905 | |
| Employerscontributiontodefined contributionpensionschemes |
2,898 | - |
| 75,409 | - |
| Year | Period | ||
|---|---|---|---|
| ended | ended | ||
| 31 | Dec2021 | 31Dec | |
| 2020 | |||
| £ | £ | ||
| Dividendsreceived | 932,601 | ||
| 932,601 |
| Yearended | Periodended | Periodended | ||
|---|---|---|---|---|
| 31Dec2021 | 31Dec2020 | |||
| £ | £ |
£ | £ | |
| Expenditureonraisingfunds: | ||||
| Investmentmanagementfees | 121,307 | |||
| Expenditureoncharitableactivities: | ||||
| Newgrantcommitmentsawardednetof | reversalof | expiredgrantcommitments: | ||
| 02/92King'sMSc's | 120,000 | - | ||
| 06/16City,Barbur | (1,450) | |||
| 02/17Southampton,WalkerBone | (190) | _ | ||
| 04/18ImperialCollege,Feary | (5,488) | _ | ||
| 01/19ImperialCollege,Cullinan&Feary | 50,759 | |||
| 01/21Imperial,Amaral,Feary | 95,329 | |||
| 02/21Surrey,Maben | 59,248 | - | ||
| 03/21City,Barber | 70,997 | - | ||
| 04/21Walters,Birmingham | 55,674 | _ | ||
| StudentFellowships | 21,530 | _ | ||
| Grantsofequipmentandsupportto students |
8,355 | _ | ||
| 474,764 | _ | |||
| Managementandadministration: | ||||
| Wagesandsalaries | 75,409 | - | ||
| Officeexpenses | 10,361 | - | ||
| Insuranceandsundry | 1,238 | |||
| Travelandsubsistence | 1,843 | - | ||
| 88,851 | ||||
| Gainsonexchange | (3) | |||
| Governancecosts | 11,010 | |||
| 695,929 |
| Fixedassetinvestments | |
|---|---|
| Listed | |
| £ | |
| Marketvalueat31.December2020 | |
| Transferfromformercharity,ColtFoundation | 31,723,130 |
| Additions | 3,176,407 |
| Disposals | (2,503,316) |
| Gainsinmarketvalueoflistedinvestments | 4,345,769 |
| Marketvalueat31December2021 | 36,741,990 |
| Valueofinvestmentsat31December2021 | Listed |
| £ | |
| Totalfixedinterestinvestments | 3,437,373 |
| TotalUnitedKingdominvestments | 10,431,870 |
| TotalNorthAmericaninvestments | 10,719,401 |
| TotalEuropeaninvestments(exUK) | 3,011,916 |
| TotalJapaneseinvestments | 675,180 |
| TotalAsianPacificinvestments(exJapan) | 984,693 |
| TotalEmergingMarketsinvestments | 887,826 |
| TotalGlobalinvestments | 429,816 |
| TotalAlternativeinvestments | 6,163,915 |
| 36,741,990 |
| Debtors | ||
|---|---|---|
| Year | Period | |
| ended | ended | |
| 31Dec2021 | 31Dec2020 | |
| f | f | |
| Prepayments | 1,200 | - |
| OtherDebtors | ||
| 1,200 | - | |
| Creditors-grantspayable | ||
| Year | Period | |
| ended | ended | |
| 31Dec2021 | 31Dec2020 | |
| f | f | |
| Grantspayableasat31/12/2020 | _ | _ |
| Grantcommitmentsfollowingthetransferfrom | ||
| TheColtFoundationon01/01/2021 | 1,325,455 | |
| Grantsawardedduringtheyear | 585,778 | _ |
| Grantobligationsreleasedduringtheyear | (111,014) | _ |
| Grantspaidduringtheyear | (558,586) | _ |
| Grantspayableasat31/12/2021 | 1,241,633 |
| f | |
|---|---|
| Listedinvestmentscomprisingaportfolioofdiverseequityinvestments | 31,723,130 |
| Fixedtermbankdepots | 1,004,546 |
| Liquidcashbalances | 300,220 |
| Grantcommitments | |
| asat31/12/2020 | (1,325,455) |
| 31,702,441 |