THE DUNHILL MEDICAL TRUST

Charity number: 1140372
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Dunhill Medical Trust makes charitable grants for the furtherance of medical knowledge and research and for care and accommodation of older people, with a particular emphasis on new and innovative projects.

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£2,040,358

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £2.04m
Other £0

Total expenditure:
£3,073,592

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Raising funds £233.94k
Charitable activities £2.84m
Other £0

-£5,594,997 investments gains (losses)

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.

Text alternative for this canvas graphic is in the data table below.
Income generation and governance £233.94k
Charitable expenditure £2.84m

People

5 Employee(s)

11 Trustee(s)

12 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£90k to £100k 1

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

Main way of carrying out purposes is grant making
What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Accommodation/housing
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 11 February 2011: Standard registration
  • 13 October 2011: Funds received from 294286 THE DUNHILL MEDICAL TRUST
Organisation type:
Charitable company
Other names:

No other names

Company number:
07472301 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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 vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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
Professor Alison Jean Petch Chair 03 September 2015
None on record
Thomas John Clark Trustee 07 March 2024
None on record
Dr Martin Turner MAE Trustee 07 December 2023
None on record
Professor Rosemary Cecilia Gilroy Trustee 07 September 2023
None on record
Professor Carmel Majella Hughes Trustee 10 June 2021
None on record
Dominic William Jones Trustee 03 December 2020
None on record
Eren Osman Trustee 03 December 2020
None on record
Professor Bernard Conway Trustee 07 March 2019
None on record
Michael Bellamy Trustee 14 June 2018
None on record
JAMES LORIGAN Trustee 09 June 2017
None on record
Professor Thomas Kirkwood CBE Trustee 09 June 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £3.60m £4.14m £2.58m £2.18m £2.04m
Total expenditure £5.36m £5.81m £4.89m £5.79m £3.07m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £500.00k £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.60m £3.64m £2.58m £2.18m £2.04m
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £5.14m £5.58m £4.62m £5.48m £2.84m
Expenditure - Raising funds £226.88k £234.22k £272.66k £314.33k £233.94k
Expenditure - Governance £80.53k £73.37k £70.45k £82.32k £94.22k
Expenditure - Grants institution £4.48m £4.88m £3.71m £4.80m £1.99m
Expenditure - Investment management £226.88k £234.22k £272.66k £314.33k £233.94k
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 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets £110.06k £87.33k £71.80k £45.35k £20.69k
Long-term investments £143.93m £131.89m £153.77m £148.89m £158.09m
Other assets £8.40m £8.38m £14.57m £25.90m £8.09m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £11.48m £11.65m £11.20m £12.00m £10.05m

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 March 2023 24 October 2023 On time
Accounts and TAR 31 March 2023 24 October 2023 On time Download Open in new window
Annual return 31 March 2022 27 September 2022 On time
Accounts and TAR 31 March 2022 27 September 2022 On time Download Open in new window
Annual return 31 March 2021 29 October 2021 On time
Accounts and TAR 31 March 2021 29 October 2021 On time Download Open in new window
Annual return 31 March 2020 27 October 2020 On time
Accounts and TAR 31 March 2020 27 October 2020 On time Download Open in new window
Annual return 31 March 2019 20 September 2019 On time
Accounts and TAR 31 March 2019 20 September 2019 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 INCORPORATED 16/12/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/01/2016 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01 SEP 2016

Charitable objects

A) FOR THE FURTHERANCE OF MEDICAL KNOWLEDGE AND RESEARCH AND THE PUBLICATION OF THE USEFUL RESULTS THEREOF AND THE PROVISION OF MEDICAL CARE AND FACILITIES IN SUCH MANNER AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT. (B) FOR RESEARCH INTO THE CARE OF THE ELDERLY AND THE PUBLICATION OF THE USEFUL RESULTS THEREOF AND THE PROVISION OF ACCOMMODATION AND CARE FOR THE ELDERLY.

Area of benefit

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

UNDEFINED. IN PRACTICE, NATIONAL

Contact information

Address:
Thanet House
231-232 Strand
LONDON
WC2R 1DA
Phone:
02078715402
Email:
admin@dunhillmedical.org.uk
Website:

www.dunhillmedical.org.uk Open in new window