JOHN INNES FOUNDATION

Charity number: 1111527
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Supporting education and research and fostering commercial innovation for the benefit of agriculture, the environment and society

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,509,543

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Donations and legacies £0
Charitable activities £116.23k
Other trading activities £46.19k
Investments £1.32m
Other £29.45k

Total expenditure:
£5,878,206

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Raising funds £231.71k
Charitable activities £5.65m
Other £0

£2,112,050 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 £231.71k
Charitable expenditure £5.65m

People

6 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

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

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 30 November 2005: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
05574485 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Risk management
  • 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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
PETER DAVID INNES Chair
None on record
Professor Dame Melanie Welham Trustee 01 April 2024
THE ROYAL SOCIETY OF BIOLOGY
Received: On time
Dr TINA BARSBY Trustee 01 July 2017
None on record
David John Hill Trustee 01 April 2017
None on record
Dr DAVID LAWRENCE Trustee 01 October 2016
None on record
Keith Richard Norman Trustee 23 October 2013
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 £873.81k £1.08m £1.14m £1.32m £1.51m
Total expenditure £2.29m £3.59m £1.33m £2.18m £5.88m
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 £0 £0 £0 £0 £0
Income - Other trading activities £45.56k £48.13k £48.23k £0 £46.19k
Income - Charitable activities £106.48k £117.86k £118.25k £165.51k £116.23k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £703.68k £872.86k £976.68k £1.15m £1.32m
Income - Other £18.09k £36.69k £0 £0 £29.45k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.19m £3.41m £1.15m £2.00m £5.65m
Expenditure - Raising funds £105.64k £176.12k £176.43k £178.66k £231.71k
Expenditure - Governance £110.80k £93.05k £108.43k £118.91k £109.84k
Expenditure - Grants institution £1.71m £2.95m £663.45k £1.51m £5.15m
Expenditure - Investment management £86.74k £140.71k £145.81k £146.42k £153.54k
Expenditure - Other £0 £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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £5.66m £5.33m £4.99m £4.65m £4.31m
Long-term investments £27.13m £36.16m £38.46m £38.85m £40.81m
Other assets £9.82m £7.81m £7.50m £4.63m £5.00m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.79m £4.15m £3.83m £3.91m £8.15m

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 01 January 2025 On time
Accounts and TAR 31 March 2024 01 January 2025 On time
Annual return 31 March 2023 01 February 2024 1 days late
Accounts and TAR 31 March 2023 01 February 2024 1 days late
Annual return 31 March 2022 17 January 2023 On time
Accounts and TAR 31 March 2022 17 January 2023 On time
Annual return 31 March 2021 21 January 2022 On time
Accounts and TAR 31 March 2021 21 January 2022 On time
Annual return 31 March 2020 18 January 2021 On time
Accounts and TAR 31 March 2020 18 January 2021 On time
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 26/09/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27/10/2015 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 10 JUL 2018 as amended on 28 Jan 2021

Charitable objects

THE OBJECTS OF THE CHARITY ARE:- 3.1.1 THE ADVANCEMENT OF EDUCATION IN AGRICULTURE, HORTICULTURE OR RELATED SCIENTIFIC SUBJECTS BY: (I) THE PROVISION OF PREMISES AND FACILITIES FOR RESEARCH AND THE DISSEMINATION OF THE RESULTS OF SUCH RESEARCH AND ASSISTANCE WITH THE PROVISION OF FUNDING FOR STAFFING, STUDENTSHIPS, SCHOLARSHIPS, PROFESSORSHIPS OR BURSARIES IN COLLABORATION WITH THE UNIVERSITY OF EAST ANGLIA AND/OR THE JOHN INNES CENTRE (II) THE APPLICATION OF A YEARLY SUM OF NOT LESS THAN ú500 OR SUCH OTHER SUM AS THE COMMISSION MAY FROM TIME TO TIME IN WRITING APPROVE IN OR TOWARDS MAINTAINING OR PROVIDING SCHOLARSHIPS TO BE CALLED "JOHN INNES SCHOLARSHIPS" TO BE AWARDED IN ACCORDANCE WITH RULES TO BE MADE FROM TIME TO TIME BY THE GOVERNORS OF RUTLISH SCHOOL IN THE LONDON BOROUGH OF MERTON; 3.1.2 THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION OF CHILDREN AND YOUNG PERSONS IN THE LONDON BOROUGH OF MERTON; AND 3.1.3 SUCH OTHER CHARITABLE PURPOSES AS ARE RECOGNISED IN THE LAW OF ENGLAND AND WALES AS THE TRUSTEES THINK FIT WHETHER OR NOT IN CONJUNCTION WITH OTHER PARTIES FROM TIME.

Area of benefit

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

NATIONALLY

Linked charities

Linked charities
Linked charity 1111527-1 JOHN INNES FOUNDATION TRUST
Governing document
SCHEME OF THE CHARITY COMMISSIONERS DATED 4TH NOVEMBER 2005
Charitable objects
(A) THE ADVANCEMENT OF EDUCATION IN AGRICULTURE, HORTICULTURE OR RELATED SCIENTIFIC SUBJECTS BY; I.) THE PROVISION OF PREMISES AND FACILITIES FOR RESEARCH AND THE DISSEMINATION OF THE RESULTS OF SUCH RESEARCH AND ASSISTANCE WITH THE PROVISION OF FUNDING FOR STAFFING, STUDENTSHIPS, SCHOLARSHIPS, PROFESSORSHIPS OR BURSARIES IN COLLABORATION WITH THE UNIVERSITY OF EAST ANGLIA AND/OR THE JOHN INNES CENTRE; II.) THE APPLICATION OF A YEARLY SUM OF NOT LESS THAN ú500 OR SUCH OTHER SUM AS THE COMMISSIONERS MAY FROM TIME TO TIME IN WRITING APPROVE IN OR TOWARDS MAINTAINING OR PROVIDING SCHOLARSHIPS TO BE CALLED "JOHN INNES SCHOLARSHIPS" TO BE AWARDED IN ACCORDANCE WITH RULES TO BE MADE FROM TIME TO TIME BY THE GOVERNORS OF RUTLISH SCHOOL IN THE LONDON BOROUGH OF MERTON; (B) THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION OF CHILDREN AND YOUNG PERSONS IN THE LONDON BOROUGH OF MERTON; (C) SUCH OTHER CHARITABLE PURPOSES AS ARE RECOGNISED IN THE LAW OF ENGLAND AND WALES AS THE TRUSTEE THINKS FIT.
Area of benefit
LONDON BOROUGH OF MERTON
Registration history
  • 30 November 2005 : Standard registration

Contact information

Address:
John Innes Foundation
C/O John Innes Centre
Colney Lane
Norwich
Norfolk
NR4 7UH
Phone:
01362 685502
Email:
finance@johninnesfoundation.org.uk
Website:

www.johninnesfoundation.org.uk Open in new window