UK BIOBANK LIMITED

Charity number: 1101332
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To provide a major genetic resource to assist scientists with research into a variety of diseases and illnesses.

Income and expenditure

Data for financial year ending 30 September 2023

Total income:
£34,535,326

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Donations and legacies £9.14m
Charitable activities £24.81m
Other trading activities £0
Investments £444.36k
Other £135.22k

Total expenditure:
£32,137,047

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Raising funds £0
Charitable activities £32.14m
Other £0

£0 investments gains (losses)

Total income includes £13,384,924 from 10 government grant(s)

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 £0
Charitable expenditure £32.14m
Retained for future use £2.40m

People

228 Employee(s)

12 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 13
£70k to £80k 4
£80k to £90k 3
£90k to £100k 2
£110k to £120k 1
£150k to £200k 5

Fundraising

No information available

Trading

This charity does not have any trading 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
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 30 December 2003: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
04978912 Open in new window
Gift aid:
Not 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
  • 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Lord Ajay Kumar Kakkar Chair 01 January 2020
THE CAPRICORN FOUNDATION
Received: On time
THE RAMSBURY MANOR FOUNDATION
Received: On time
FOUNDATION FOR SCIENCE AND TECHNOLOGY
Received: On time
THE FARMINGTON TRUST LIMITED
Received: On time
THE NORMANDY MEMORIAL TRUST LTD
Received: On time
Professor Melinda Catherine Mills Trustee 01 June 2024
NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD
Received: On time
Dr Claire Fiona Newland Trustee 01 May 2024
None on record
Dame Professor Clare Gerada Trustee 19 January 2024
None on record
Bernard Taylor Trustee 19 January 2024
None on record
Professor Sir Michael Ferguson Trustee 01 June 2022
None on record
Nicola Perrin Trustee 01 June 2022
None on record
Dominic Dodd Trustee 17 September 2021
THE KING'S FUND
Received: On time
Tariq Khokhar Trustee 17 September 2021
DATAKIND (UK) LIMITED
Received: On time
Professor Dame Nancy Jane Rothwell Trustee 17 September 2021
None on record
PROFESSOR ANNEKE LUCASSEN Trustee 01 August 2018
None on record
PROFESSOR SIR ALEX MARKHAM Trustee 24 March 2017
THE FOULKES FOUNDATION
Received: On time

Financial history

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Financial period end date

Income / Expenditure 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Total gross income £44.72m £35.19m £62.73m £40.64m £34.54m
Total expenditure £42.51m £39.17m £63.62m £38.93m £32.14m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A £325.36k N/A £13.38m
Income - Donations and legacies £37.49m £21.48m £6.62m £902.48k £9.14m
Income - Other trading activities £4.04m £3.77m £10.12m £7.84m £0
Income - Charitable activities £2.23m £2.21m £2.59m £2.03m £24.81m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £81.97k £59.80k £4.79k £93.31k £444.36k
Income - Other £873.84k £7.68m £43.39m £29.77m £135.22k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £37.68m £28.26m £31.98m £24.16m £32.14m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £97.50k £73.31k £85.59k £48.04k £60.08k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £4.82m £10.92m £31.64m £14.76m £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 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Own use assets £11.94m £10.62m £7.69m £6.76m £7.08m
Long-term investments £0 £0 £0 £0 £0
Other assets £18.47m £23.17m £27.24m £34.51m £31.08m
Defined benefit pension scheme asset or liability -£1.68m -£1.77m -£6.23m -£5.97m -£8.04m
Total liabilities £12.39m £19.67m £17.23m £22.14m £27.24m

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 September 2023 26 July 2024 On Time
Accounts and TAR 30 September 2023 26 July 2024 On Time Download Open in new window
Annual return 30 September 2022 25 July 2023 On Time
Accounts and TAR 30 September 2022 25 July 2023 On Time Download Open in new window
Annual return 30 September 2021 01 July 2022 On Time
Accounts and TAR 30 September 2021 01 July 2022 On Time Download Open in new window
Annual return 30 September 2020 15 July 2021 On Time
Accounts and TAR 30 September 2020 15 July 2021 On Time Download Open in new window
Annual return 30 September 2019 30 July 2020 On Time
Accounts and TAR 30 September 2019 30 July 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 28/11/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/12/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 28/10/2015

Charitable objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE TO PROTECT, PRESERVE AND ADVANCE ALL OR ANY ASPECTS OF THE HEALTH AND WELFARE OF HUMAN BEINGS AND TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION BY ENGAGING IN, ENCOURAGING AND SUPPORTING: 1) INVESTIGATIONS INTO THE SEPARATE AND COMBINED EFFECTS OF GENETIC, ENVIRONMENTAL (INCLUDING LIFESTYLE, PHYSIOLOGICAL AND ENVIRONMENTAL EXPOSURES) AND OTHER FACTORS ON HUMAN HEALTH AND WELFARE AND ON THE RISK AND CAUSATION OF DISEASES IN THE HUMAN POPULATION; (2) THE ESTABLISHMENT, HOLDING, OPERATION, MANAGEMENT, PROMOTION, SUPPORT, EXPANSION, IMPROVEMENT AND SAFEGUARDING OF A COLLECTION OF BIOMEDICAL, BIOCHEMICAL, EPIDEMIOLOGICAL, GENETIC AND OTHER DATA AND BLOOD AND OTHER BIOLOGICAL AND BIOCHEMICAL SAMPLES OBTAINED AND DEVELOPED THROUGH, FOR THE PURPOSE OF AND/OR IN CONNECTION WITH SOME OR ALL OF THE INVESTIGATIONS REFERRED TO IN PARAGRAPH (1) AND PERTAINING TO A COHORT OF HUMAN PARTICIPANTS ("DATA AND SAMPLES"), FOR USE IN A RESEARCH, KNOWLEDGE AND INFORMATION RESOURCE PROVISIONALLY KNOWN AS THE UK BIOBANK ("THE RESOURCE"); (3) RESEARCH INTO BIOLOGICAL AND MEDICAL SCIENCES AND OTHER DISCIPLINES WHICH MAY CONTRIBUTE TO THE IMPROVEMENT OF HUMAN HEALTH AND WELFARE ("THE BIOSCIENCES"); (4) THE DISCOVERY, INVENTION, IMPROVEMENT, DEVELOPMENT AND APPLICATION OF TREATMENTS, CURES, DIAGNOSTICS AND OTHER MEDICINAL AGENTS, METHODS AND PROCESSES THAT MAY IN ANY WAY RELIEVE ILLNESS, DISEASE, DISABILITY OR DISORDERS OF WHATEVER NATURE IN HUMAN BEINGS; AND (5) THE STUDY AND UNDERSTANDING OF ANY OF THE BIOSCIENCES.

Area of benefit

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

NATIONAL

Contact information

Address:
UK Biobank Ltd
Unit 1-2
Spectrum Way
Stockport
SK3 0SA
Phone:
01614755360
Email:
enquiries@ukbiobank.ac.uk
Website:

www.ukbiobank.ac.uk Open in new window