LADBROKES CORAL TRUST

Charity number: 1101804
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Trustees meet quarterly to consider grant requests made by shop and supporting office colleagues. Funds are directed towards a wide range of causes with the overriding requirement being that the causes supported should serve the community in which the shops and businesses of Ladbrokes Coral Group Plc operate. Please note that we no longer accept applications from external registered charities

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£521,948

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Donations and legacies £0
Charitable activities £521.95k
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£688,228

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Raising funds £0
Charitable activities £688.23k
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 £0
Charitable expenditure £688.23k

People

8 Trustee(s)

Employees with total benefits over £60,000

No information available

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

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Amateur Sport
  • Animals
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Armed Forces/emergency Service Efficiency
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 28 January 2004: Standard registration
Organisation type:
Charitable company
Other names:
  • CORAL CHARITABLE TRUST (Working name)
  • LADBROKES CHARITABLE TRUST (Working name)
  • LADBROKES IN THE COMMUNITY CHARITABLE TRUST (Previous name)
Company number:
04924216 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Campaigns and political activity policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest 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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
GARY RICHES Trustee 14 February 2025
None on record
Olabisi Daramola Trustee 03 October 2024
None on record
Nigel Chamberlain Trustee 03 October 2024
None on record
Michelle Olivia Davidson Trustee 13 October 2022
None on record
Simon Burnell Trustee 07 June 2021
None on record
Steve Humphries Trustee 05 August 2019
None on record
Jay Dossetter Trustee 27 June 2018
None on record
Karen Thraves Trustee 26 September 2017
None on record

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 £273.61k £338.84k £224.67k £357.66k £521.95k
Total expenditure £267.51k £370.08k £160.42k £337.25k £688.23k
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 £521.95k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £0
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 £688.23k
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A N/A N/A £0
Expenditure - Grants institution N/A N/A N/A N/A £688.23k
Expenditure - Investment management N/A N/A N/A N/A £0
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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
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 £0
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 £0

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 09 October 2024 On Time
Accounts and TAR 31 December 2023 09 October 2024 On Time Download Open in new window
Annual return 31 December 2022 03 October 2023 On Time
Accounts and TAR 31 December 2022 03 October 2023 On Time Download Open in new window
Annual return 31 December 2021 25 October 2022 On Time
Accounts and TAR 31 December 2021 25 October 2022 On Time Download Open in new window
Annual return 31 December 2020 17 March 2022 137 days late
Accounts and TAR 31 December 2020 17 March 2022 137 days late Download Open in new window
Annual return 31 December 2019 16 November 2020 16 days late
Accounts and TAR 31 December 2019 16 November 2020 16 days late 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 07/10/2003 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 29/03/2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 16 MAY 2017

Charitable objects

TO PAY OR APPLY THE FUNDS OF THE COMPANY TO OR TOWARDS OR IN FURTHERANCE OR ADVANCEMENT OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITIES, CHARITABLE INSTITUTIONS OR CHARITABLE PURPOSES AND IF MORE THAN ONE IN SUCH SHARES AND IN SUCH MANNER AS THE BOARD OF TRUSTEES MAY THINK FIT PART OF THE WORLD

Area of benefit

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

NATIONAL

Contact information

Address:
Ladbrokes Coral Trust
Entain
1 Stratford Place
Westfield Stratford City
Montfichet Road
LONDON
Phone:
02039380000
Email:
charity@ladbrokescoral.com
Website:

No information available