The Faraday Institute for Science and Religion

Charity Number: 1153702
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity's objects are to advance education in the field of science and religion by carrying out research in all aspects of that subject, publishing the useful results in academic journals and books and improving the public understanding of issues in the field of science and religion by disseminating research results.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£994,394

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Donations and legacies £509.72k
Charitable activities £427.06k
Other trading activities £6.56k
Investments £28.20k
Other £22.85k

Total expenditure:
£864,630

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Raising funds £6.44k
Charitable activities £852.59k
Other £5.60k

£88,420 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.

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Raising funds and other expenditure £12.04k
Charitable expenditure £852.59k
Retained for future use £129.76k

People

19 Employee(s)

15 Trustee(s)

50 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Religious Activities
  • Arts/culture/heritage/science
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Cambridgeshire

Governance

Registration history:
  • 06 September 2013: Standard registration
Organisation type:
Charitable company
Other names:
  • FARADAY TRUST (Working name)
  • FARADAY TRUST FOR SCIENCE AND RELIGION (Previous name)
Company number:
08426223 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • 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 policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases 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

15 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
PROF ROBERT STEPHEN WHITE FRS Chair 13 May 2013
SHELFORD GOSPEL TRUST
Received: On time
Dr Martin Thomas Barlow FRS Trustee 02 December 2024
None on record
Dr Diane Lorraine Lister Trustee 14 January 2023
None on record
Dr Norman MacAskill Fraser Trustee 05 January 2023
None on record
Dr Rebecca Clare Fitzgerald Trustee 08 December 2021
HEARTBURN CANCER UK
Received: On time
THE LISTER INSTITUTE OF PREVENTIVE MEDICINE
Received: On time
Dr Christine Mary Rutherford Nisbet Trustee 13 July 2021
None on record
Dr Harvey Thomas McMahon Trustee 30 January 2019
None on record
GRAHAM STEPHEN BUDD Trustee 23 October 2018
THE AIDAN CHARITABLE TRUST
Received: On time
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, CAMBRIDGE
Received: On time
POLLY STANTON Trustee 15 October 2018
None on record
CHRISTOPHER TOWNSEND Trustee 01 December 2017
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGE
Received: On time
Dr Jimmy Suen Yan Chan Trustee 23 August 2017
AGGP PI
Received: On time
HUGHES HALL IN THE UNIVERSITY OF CAMBRIDGE
Received: On time
Professor Russell Paul Cowburn Trustee 23 August 2017
None on record
Dr DENIS RAVEN ALEXANDER Trustee 13 May 2013
CAMBRIDGE PAPERS LIMITED
Recently registered
PROFESSOR JOHN STANLEY HILL GASTON Trustee 13 May 2013
CHARITY OF WILLIAM WESTLEY
Received: On time
CAMBRIDGE ARTHRITIS RESEARCH ENDEAVOUR (CARE)
Received: On time
REVD DR RODNEY DENNIS HOLDER FRAS, FIMA Trustee 13 May 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.40m £495.93k £751.59k £757.46k £994.39k
Total expenditure £1.09m £841.96k £846.31k £810.25k £864.63k
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 £16.38k N/A £163.48k £195.61k £509.72k
Income - Other trading activities £6.41k N/A £4.64k £5.14k £6.56k
Income - Charitable activities £1.35m N/A £560.66k £530.62k £427.06k
Income - Endowments £0 N/A £0 £0 £0
Income - Investment £26.90k N/A £22.82k £26.10k £28.20k
Income - Other £0 N/A £0 £0 £22.85k
Income - Legacies £0 N/A £0 £0 £0
Expenditure - Charitable activities £1.08m N/A £834.81k £799.37k £852.59k
Expenditure - Raising funds £8.52k N/A £6.93k £6.57k £6.44k
Expenditure - Governance £0 N/A £5.82k £6.90k £8.04k
Expenditure - Grants institution £0 N/A £0 £0 £0
Expenditure - Investment management £0 N/A £6.93k £6.57k £6.44k
Expenditure - Other £5.62k N/A £4.56k £4.31k £5.60k

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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £1.19m N/A £1.07m £996.54k £2.00m
Long-term investments £853.91k N/A £1.19m £1.14m £1.24m
Other assets £1.62m N/A £1.23m £1.26m £797.46k
Defined benefit pension scheme asset or liability £0 N/A £0 £0 £0
Total liabilities £48.31k N/A £38.58k £62.22k £477.76k

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 2024 29 January 2025 On Time
Accounts and TAR 31 March 2024 29 January 2025 On Time Download Open in new window
Annual return 31 March 2023 29 January 2024 On Time
Accounts and TAR 31 March 2023 29 January 2024 On Time Download Open in new window
Annual return 31 March 2022 23 January 2023 On Time
Accounts and TAR 31 March 2022 23 January 2023 On Time Download Open in new window
Annual return 31 March 2021 19 January 2022 On Time
Accounts and TAR 31 March 2021 19 January 2022 On Time Download Open in new window
Annual return 31 March 2020 09 January 2021 On Time
Accounts and TAR 31 March 2020 09 January 2021 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 01 MAR 2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06 DEC 2014 AS REGISTERED AT COMPANIES HOUSE ON 12 JUN 2017 as amended on 09 Nov 2018 as amended on 12 Dec 2019 as amended on 10 Sep 2020

Charitable objects

THE CHARITY’S OBJECTS ARE, FOR THE PUBLIC BENEFIT, TO ADVANCE EDUCATION IN THE FIELD OF SCIENCE AND RELIGION BY CARRYING OUT RESEARCH IN ALL ASPECTS OF THAT SUBJECT, PUBLISHING THE USEFUL RESULTS IN ACADEMIC JOURNALS AND BOOKS AND IMPROVING THE PUBLIC UNDERSTANDING OF ISSUES IN THE FIELD OF SCIENCE AND RELIGION BY DISSEMINATING RESEARCH RESULTS MORE WIDELY BEYOND THE ACADEMIC COMMUNITY AND THROUGH LECTURES, COURSES AND THE PUBLICATION OF OTHER EDUCATIONAL RESOURCES, AND TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME WHICH ARE CONNECTED WITH THE CHARITABLE PURPOSE STATED ABOVE. THE CHARITY HAS A CHRISTIAN ETHOS, AND ACCORDINGLY IN FURTHERING THE ABOVE OBJECTS THE MAIN FOCUS OF ITS RESEARCH WORK IS ON THE RELATIONSHIP BETWEEN SCIENCE AND THE CHRISTIAN FAITH, AND IT SHALL EMPHASISE THE EDUCATION OF THE CHRISTIAN COMMUNITY IN ISSUES OF SCIENCE AND FAITH, BUT SHALL ALSO WELCOME AND SEEK TO ENGAGE WITH A WIDE VARIETY OF OTHER FAITH TRADITIONS, AND WITH THOSE OF ANY FAITH OR NONE.

Contact information

Address:
The Faraday Institute
The Woolf Building
Madingley Road
Cambridge
CB3 0UB
Phone:
01223246696
Email:
dra24@cam.ac.uk
Website:

www.faraday.cam.ac.uk Open in new window