IVCC

Charity number: 1128437
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The IVCC is a Product Development Partnership (PDP) established as a not for profit company and registered charity to overcome the barriers to innovation in the development of new insecticides for public health vector control and to develop information systems and tools which will enable new and existing pesticides to be used more effectively.

Income and expenditure

Data for financial year ending 31 July 2023

Total income:
£33,436,000

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Donations and legacies £0
Charitable activities £33.05m
Other trading activities £0
Investments £383.00k
Other £0

Total expenditure:
£32,333,000

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Raising funds £0
Charitable activities £32.33m
Other £0

-£61,000 investments gains (losses)

Total income includes £5,242,000 from 1 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £32.33m
Retained for future use £1.10m

People

24 Employee(s)

11 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£70k to £80k 3
£80k to £90k 3
£90k to £100k 1
£100k to £110k 1
£110k to £120k 2

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Economic/community Development/employment
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Camden
  • Liverpool City
  • Australia
  • Benin
  • Burkina Faso
  • Canada
  • China
  • Denmark
  • France
  • Germany
  • Ghana
  • Greece
  • Ireland
  • Israel
  • Ivory Coast
  • Japan
  • Kenya
  • Madagascar
  • Mali
  • Mexico
  • Mozambique
  • Netherlands
  • Norway
  • Rwanda
  • Senegal
  • Singapore
  • South Africa
  • Spain
  • Switzerland
  • Tanzania
  • Thailand
  • Uganda
  • United Arab Emirates
  • United States
  • Vietnam
  • Zambia
  • Zimbabwe

Governance

Registration history:
  • 05 March 2009: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
06719882 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sherwin Charles Chair 04 December 2018
None on record
Stephen Charles Smith Trustee 26 March 2025
None on record
Dr Jacqueline Applegate Trustee 25 March 2025
None on record
Ray Nishimoto Trustee 13 July 2023
None on record
Dr Philip Andrew Welkhoff Trustee 22 March 2023
None on record
Susan Russell Trustee 16 February 2023
None on record
Keziah Laurencai Malm Trustee 24 September 2021
None on record
Dr Keziah Laurencai Malm Trustee 24 September 2021
None on record
Jonathan Schofield Trustee 01 January 2020
WIRRAL YOUTH ZONE
Received: On time
Dr Elizabeth Chizema Trustee 05 December 2019
None on record
Alan Court Trustee 13 December 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Total gross income £39.64m £38.58m £39.44m £48.61m £33.44m
Total expenditure £36.21m £37.08m £38.21m £47.47m £32.33m
Income from government contracts N/A N/A N/A N/A £5.24m
Income from government grants £9.56m £8.80m £8.19m £5.94m N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £35.99m £37.34m £39.21m £48.48m £33.05m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £220.00k £558.00k £226.00k £129.00k £383.00k
Income - Other £3.43m £678.00k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £36.21m £37.08m £38.21m £47.47m £32.33m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £0 £0 £0 £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Own use assets £0 £0 £0 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £61.43m £44.69m £46.70m £32.78m £24.24m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £56.65m £37.92m £38.70m £22.89m £13.19m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2023 26 March 2024 On Time
Accounts and TAR 31 July 2023 26 March 2024 On Time Download Open in new window
Annual return 31 July 2022 25 April 2023 On Time
Accounts and TAR 31 July 2022 25 April 2023 On Time Download Open in new window
Annual return 31 July 2021 06 April 2022 On Time
Accounts and TAR 31 July 2021 06 April 2022 On Time Download Open in new window
Annual return 31 July 2020 06 May 2021 On Time
Accounts and TAR 31 July 2020 06 May 2021 On Time Download Open in new window
Annual return 31 July 2019 12 May 2020 On Time
Accounts and TAR 31 July 2019 12 May 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 6 FEBRUARY 2009 as amended on 19 Jul 2018

Charitable objects

THE PRESERVATION AND PROTECTION OF GOOD HEALTH AND THE RELIEF OF SICKNESS BY ALLEVIATING AND PREVENTING THE SPREAD OF ANY TYPE OF TROPICAL DISEASE WHICH IS NOW OR MAY HEREAFTER BECOME KNOWN IN ANY PART OF THE WORLD WHERE SUCH DISEASE EITHER MANIFESTS ITSELF OR HAS EFFECTS BY ANY MEANS, AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BY: 3.1 STIMULATING INDUSTRY AND ACADEMIA TO DISCOVER, DEVELOP AND DELIVER NEW TOOLS TO BETTER MANAGE INSECTS WHICH TRANSMIT DISEASE AND TO MONITOR AND BETTER DIRECT THE USE OF THESE TOOLS. 3.2 PROMOTING AND ENCOURAGING THE DISSEMINATION OF NEW SCIENTIFIC INFORMATION. 3.3 ENSURING THE PRODUCTS AND SYSTEMS DEVELOPED ARE ACCESSIBLE TO THOSE IN NEED OF THEM IN THE DEVELOPING COUNTRIES OF THE WORLD. 3.4 PROMOTING AND CONDUCTING RESEARCH INTO ISSUES CONCERNING PUBLIC HEALTH.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, NATIONAL AND OVERSEAS

Contact information

Address:
SCHOOL OF TROPICAL MEDICINE
PEMBROKE PLACE
LIVERPOOL
L3 5QA
Phone:
01517053265
Email:
david.worrall@lstmed.ac.uk
Website:

www.ivcc.com Open in new window