CHARITY TECHNOLOGY TRUST

Charity number: 1073954
Removed charity

Charity overview

Activities - how the charity spends its money

The charities activities are to provide other UK charities with access to technology-based solutions that help them to modernise and improve their efficiency. The charity does this through the provisions of consultancy services and products that it develops for UK charities

Income and expenditure

Data for financial year ending 31 March 2010

Total income:
£1,285,788

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Donations and legacies £52.33k
Charitable activities £0
Other trading activities £1.23m
Investments £0
Other £119

Total expenditure:
£1,295,670

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Raising funds £0
Charitable activities £326.39k
Other £0

£0 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.
Raising funds and other expenditure £969.28k
Charitable expenditure £326.39k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Other Finance
  • Provides Services
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 15 February 1999: Standard registration
  • 22 October 2010: Removed (Funds transferred (incor))
  • 22 October 2010: Funds transferred to 1133179 CHARITY DIGITAL TRUST
Organisation type:
Other
Other names:
  • THE BATES, WELLS & BRAITHWAITE CHARITABLE TRUST (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 31/03/2006 31/03/2007 31/03/2008 31/03/2009 31/03/2010
Total gross income £540.15k £663.12k £853.71k £953.96k £1.29m
Total expenditure £513.52k £616.25k £863.75k £1.02m £1.30m
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 £140.36k £128.14k £116.00k £52.33k
Income - Other trading activities N/A £522.22k £723.57k £837.41k £1.23m
Income - Charitable activities N/A £0 £0 £0 £0
Income - Endowments N/A £0 £0 £0 £0
Income - Investment N/A £548 £0 £0 £0
Income - Other N/A £0 £2.00k £549 £119
Income - Legacies N/A £0 £0 £0 £0
Expenditure - Charitable activities N/A £432.18k £230.10k £309.73k £326.39k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A £5.00k £5.00k £3.30k £1.94k
Expenditure - Grants institution N/A £0 £0 £0 £0
Expenditure - Investment management N/A £0 £0 £0 £0
Expenditure - Other N/A £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 31/03/2006 31/03/2007 31/03/2008 31/03/2009 31/03/2010
Own use assets N/A £398.15k £283.93k £218.03k £185.27k
Long-term investments N/A £0 £0 £0 £0
Other assets N/A £211.78k £276.96k £238.62k £686.45k
Defined benefit pension scheme asset or liability N/A £0 £0 £0 £0
Total liabilities N/A £203.04k £164.04k £125.84k £550.79k

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 2010 04 October 2010 On time
Accounts and TAR 31 March 2010 23 September 2010 On time
Annual return 31 March 2009 26 January 2010 On time
Accounts and TAR 31 March 2009 26 January 2010 On time
Annual return 31 March 2008 29 January 2009 On time
Accounts and TAR 31 March 2008 29 January 2009 On time
Annual return 31 March 2007 14 January 2008 On time
Accounts and TAR 31 March 2007 14 January 2008 On time
Annual return 31 March 2006 10 November 2006 On time
Accounts and TAR 31 March 2006 17 December 2006 On time

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.

DECLARATION OF TRUST DATED 31 DECEMBER 1998 AS AMENDED 27TH APRIL 2001 AND 3RD MAY 2001

Charitable objects

THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST FOR THE FOLLOWING OBJECTS ("THE OBJECTS") BEING TO APPLY THEM FOR SUCH CHARITABLE INSTITUTION OR INSTITUTIONS OR OTHER CHARITABLE OBJECT OR OBJECTS IN ANY PART OF THE WORLD AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT TO SUPPORT OR ESTABLISH.

Area of benefit

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

NOT DEFINED