DESIGNABILITY CHARITY LIMITED

Charity number: 256335
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Designability Charity Limited is a design and development charity working in the fields of medicine, health care and assistive technology for disabled people

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,930,799

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Donations and legacies £1.66m
Charitable activities £225.65k
Other trading activities £6.72k
Investments £33.87k
Other £0

Total expenditure:
£2,238,053

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Raising funds £152.40k
Charitable activities £1.74m
Other £349.31k

£44,041 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 £501.71k
Charitable expenditure £1.74m

People

33 Employee(s)

13 Trustee(s)

2 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2

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

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • People With Disabilities
How the charity helps:
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 11 July 1968: Standard registration
Organisation type:
Charitable company
Other names:
  • B I M E (Working name)
  • DESIGNABILITY (Working name)
  • BATH INSTITUTE OF MEDICAL ENGINEERING LIMITED (Previous name)
Company number:
00933932 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 handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jeremy Marwood Chair 08 November 2021
None on record
Kathryn Louise McKee Trustee 23 September 2024
THE MUSICSPACE TRUST
Received: On time
Nicola Jane Wilson Trustee 23 September 2024
None on record
Michael Joseph Ward Trustee 11 December 2023
None on record
Julian Massie Trustee 11 December 2023
None on record
Dr Anna Chatzimichali Trustee 01 August 2023
None on record
Andrew Monk Trustee 10 October 2022
None on record
Elisabeth Sarah Skeet Trustee 10 October 2022
None on record
Catherine Bailey Trustee 11 July 2022
None on record
Samuel James Whatley Trustee 07 December 2020
None on record
Dr Benjamin William Metcalfe Trustee 07 September 2020
None on record
Paul John Fairhurst Trustee 22 June 2020
THE BACK-UP TRUST
Received: On time
Emma Kate Legg Trustee 22 June 2020
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 £1.83m £1.93m £2.19m £2.54m £1.93m
Total expenditure £1.53m £1.70m £2.08m £2.19m £2.24m
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 £1.32m £1.56m £1.86m £2.03m £1.66m
Income - Other trading activities £58.90k £593 £5.17k £6.47k £6.72k
Income - Charitable activities £436.19k £354.36k £312.90k £481.51k £225.65k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £14.57k £14.47k £11.54k £20.21k £33.87k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £13.19k £0
Expenditure - Charitable activities £1.29m £1.50m £1.69m £1.79m £1.74m
Expenditure - Raising funds £111.73k £30.61k £81.18k £110.39k £152.40k
Expenditure - Governance £0 £0 £4.33k £11.84k £882
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £122.61k £165.89k £310.77k £295.67k £349.31k

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 £293.47k £180.47k £157.84k £156.40k £116.38k
Long-term investments £493.93k £586.71k £615.43k £588.32k £782.36k
Other assets £957.91k £1.31m £1.77m £1.87m £1.46m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £153.53k £157.64k £486.63k £229.33k £234.65k

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 19 November 2024 On Time
Accounts and TAR 31 March 2024 19 November 2024 On Time Download Open in new window
Annual return 31 March 2023 19 December 2023 On Time
Accounts and TAR 31 March 2023 19 December 2023 On Time Download Open in new window
Annual return 31 March 2022 04 October 2022 On Time
Accounts and TAR 31 March 2022 06 October 2022 On Time Download Open in new window
Annual return 31 March 2021 18 November 2021 On Time
Accounts and TAR 31 March 2021 18 November 2021 On Time Download Open in new window
Annual return 31 March 2020 20 November 2020 On Time
Accounts and TAR 31 March 2020 20 November 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 18 JUN 1968 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04 FEB 1969 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 31 MAY 1975 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26 OCT 2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19 MAR 2009 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 06 JUN 2017 as amended on 18 Nov 2019 as amended on 18 Nov 2019 as amended on 08 Nov 2021

Charitable objects

THE OBJECTS OF THE INSTITUTE ARE THE ADVANCEMENT OF MEDICAL EDUCATION AND OF ENGINEERING RESEARCH FOR MEDICAL PURPOSES, THE DISSEMINATION OF THE KNOWLEDGE THEREBY ACQUIRED AND THE RELIEF OF THOSE IN NEED (BY REASON OF THEIR DISABILITY, AGE OR INFIRMITY) BY THE PROVISION OF DEVICES AND EQUIPMENT TO ASSIST IN THEIR MEDICAL TREATMENT OR IMPROVE THEIR QUALITY OF LIFE

Area of benefit

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

NATIONAL

Contact information

Address:
D1
Wolfson Centre
Royal United Hospital
BATH
Phone:
01225824103
Email:
info@designability.org.uk
Website:

www.designability.org.uk Open in new window