THE UK EQUITY FUND FOR CHARITIES

Charity number: 1014758
Removed charity

Charity overview

Common Investment Funds (CIFs) are registered charities. They offer other charities a way to invest funds. CIFs report to the Commission under separate annual return regulations and financial information is collected differently for these charities so no financial information will be displayed

Activities - how the charity spends its money

The UK Equity Fund for Charities is a common investment fund open to all charities in England and Wales and appropriate bodies established in Scotland and Northern Ireland who are permitted to invest under relevant legislation as amended from time to time. The fund invests in UK equities.

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments and/or benefits from the charity for being a trustee

What, who, how, where

What the charity does:
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Provides Services
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 14 October 1992: Standard registration
  • 17 May 2017: Removed (Ceased to exist)
Organisation type:
Other
Other names:
  • THE FLEDGELING UK EQUITY FUND (Previous name)
  • THE FLEDGLING UK EQUITY FUND (Previous name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 30/06/2010 30/06/2011 30/06/2012 30/06/2013 30/06/2014
Total gross income £5.73m £3.42m £3.24m £3.47m £2.30m
Total expenditure £1.10m £687.00k £550.00k £558.00k £415.00k
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 N/A N/A N/A N/A £0
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £0
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £2.30m
Income - Other N/A N/A N/A N/A £0
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £0
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A N/A N/A N/A £0
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £415.00k
Expenditure - Other N/A N/A N/A N/A £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 30/06/2010 30/06/2011 30/06/2012 30/06/2013 30/06/2014
Own use assets N/A N/A N/A N/A £0
Long-term investments N/A N/A N/A N/A £0
Other assets N/A N/A N/A N/A £65.42m
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £9.23m

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 30 June 2016
Accounts and TAR 30 June 2016
Annual return 30 June 2015
Accounts and TAR 30 June 2015
Annual return 30 June 2014
Accounts and TAR 30 June 2014
Annual return 30 June 2013
Accounts and TAR 30 June 2013

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.

SCHEME DATED 28/07/2008 AS AMENDED BY ORDER DATED 01/02/2013 AS AMENDED BY RESOLUTION DATED 09/06/2014 AS AMENDED BY RESOLUTION DATED 26/10/2015

Charitable objects

THE PROVISION, FOR THE BENEFIT OF CHARITIES PARTICIPATING IN THE SCHEME, OF A COMMON INVESTMENT FUND FOR THE INVESTMENT OF CASH AND OTHER PROPERTY FROM TIME TO TIME TRANSFERRED TO THE TRUSTEES.

Area of benefit

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

NOT DEFINED