RACE AGAINST DEMENTIA

Charity number: 1165559
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The preservation and protection of the health of the public in particular by promoting research into the causal mechanisms of neurodegenerative diseases with the aim of treating or preventing dementia. The promotion of the relief and treatment of those suffering from dementia and related disorders and the provision of support both for such persons and those caring for them.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£2,258,550

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Donations and legacies £2.22m
Charitable activities £0
Other trading activities £2.98k
Investments £34.83k
Other £0

Total expenditure:
£1,941,501

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Raising funds £281.52k
Charitable activities £1.65m
Other £5.62k

-£8,248 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 £287.14k
Charitable expenditure £1.65m
Retained for future use £317.05k

People

7 Employee(s)

12 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£80k to £90k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the 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:
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 12 February 2016: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
09973676 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment 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
  • 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 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Mark McGregor Stewart Chair 02 November 2023
None on record
Jonathan Berger Trustee 27 September 2024
None on record
Cromwell William Griffiths Trustee 12 March 2024
None on record
Bridget Caroline Barker Trustee 26 February 2024
THE FRIENDS OF SEVA MANDIR
Received: On time
Paul Evan Stewart Trustee 02 November 2023
None on record
John Hunter Somerville Clark Trustee 20 September 2022
None on record
Khoi Tu Trustee 12 July 2021
None on record
Jeremy Courtenay-Stamp Trustee 20 August 2020
None on record
Linda Cooper Trustee 25 February 2020
None on record
CHRISTOPHER BLISS Trustee 25 February 2020
GRAND PRIX TRUST
Received: On time
RAOUL JEAN MARC HUET Trustee 27 January 2016
None on record
DAME VIVIEN DUFFIELD DBE Trustee 27 January 2016
THE IMPERIAL WAR MUSEUM FOUNDATION
Received: On time
GRANGE PARK OPERA
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.43m £787.46k £2.00m £1.80m £2.26m
Total expenditure £212.80k £383.22k £2.24m £1.08m £1.94m
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 £1.43m £787.46k £2.00m £1.80m £2.22m
Income - Other trading activities £0 £0 £0 £0 £2.98k
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.71k £0 £65 £0 £34.83k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £77.00k £5.82k £13.00k £0
Expenditure - Charitable activities £198.56k £316.41k £2.22m £860.30k £1.65m
Expenditure - Raising funds £14.23k £66.81k £26.97k £217.60k £281.52k
Expenditure - Governance £196.67k £43.77k £29.92k £44.01k £63.11k
Expenditure - Grants institution £0 £117.13k £1.98m £557.51k £1.09m
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £5.62k

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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 £0 £0 £0 £2.11k
Long-term investments £0 £0 £0 £0 £0
Other assets £2.01m £2.44m £2.17m £2.95m £3.31m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £22.57k £17.43k £16.10k £29.29k £100.23k

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 December 2023 21 October 2024 On Time
Accounts and TAR 31 December 2023 21 October 2024 On Time Download Open in new window
Annual return 31 December 2022 31 October 2023 On Time
Accounts and TAR 31 December 2022 31 October 2023 On Time Download Open in new window
Annual return 31 December 2021 26 October 2022 On Time
Accounts and TAR 31 December 2021 26 October 2022 On Time Download Open in new window
Annual return 31 December 2020 22 October 2021 On Time
Accounts and TAR 31 December 2020 22 October 2021 On Time Download Open in new window
Annual return 31 December 2019 21 October 2020 On Time
Accounts and TAR 31 December 2019 21 October 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 INCORPORATED 27 JAN 2016 as amended on 16 Jul 2020

Charitable objects

THE CHARITYS OBJECTS ARE SPECIFICALLY RESTRICTED TO: THE PRESERVATION AND PROTECTION OF THE HEALTH OF THE PUBLIC IN PARTICULAR BY PROMOTING OR ASSISTING IN THE PROMOTION OF RESEARCH INTO THE CAUSAL MECHANISMS OF NEURODEGENERATIVE DISEASES WITH THE AIM OF TREATING OR PREVENTING DEMENTIA AND THE DISSEMINATION OF THE RESULTS OF SUCH RESEARCH; THE PROMOTION OF THE RELIEF AND TREATMENT OF THOSE SUFFERING FROM DEMENTIA AND RELATED DISORDERS AND THE PROVISION OF SUPPORT BOTH FOR SUCH PERSONS AND THOSE CARING FOR THEM; AND ALL OTHER PURPOSES THAT ARE FOR THE PUBLIC BENEFIT AND ARE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.

Contact information

Address:
Unit 9
Glyme Court
Langford Lane
KIDLINGTON
Oxfordshire
OX5 1LQ
Phone:
01296620919
Email:
info@raceagainstdementia.com
Website:

www.raceagainstdementia.com Open in new window