SEDEL - COLLINGS FOUNDATION

Charity number: 1120926
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity considers all claims for the advancement of education and religion and relief of persons in need,hardship or distress and other charitable purposes in accordance of with the terms of its trust deed.

Income and expenditure

Data for financial year ending 05 April 2024

Total income:
£10,648,955

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Donations and legacies £10.50m
Charitable activities £0
Other trading activities £0
Investments £148.96k
Other £0

Total expenditure:
£1,095,872

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Raising funds £27.95k
Charitable activities £1.07m
Other £1.97k

-£2,062 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 £29.93k
Charitable expenditure £1.07m
Retained for future use £9.55m

People

4 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
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Animals
  • Environment/conservation/heritage
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 20 September 2007: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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 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

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Robert Currie Trustee 01 July 2024
None on record
Mary Elizabeth Simpson Trustee 27 July 2023
None on record
Ann Little Trustee 10 February 2022
None on record
ROSS WYNDHAM BADGER Trustee
LOTUS RELIEF CHARITABLE TRUST
Received: On time
EAST COURT CHARITABLE TRUST
Received: On time
TOBY AND REGINA WYLES CHARITABLE TRUST
Received: On time
LBM JEM CHARITABLE TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Total gross income £35.45k £25.96k £27.83k £17.18k £10.65m
Total expenditure £14.45k £127.60k £90.72k £776.83k £1.10m
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 £10.50m
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £0
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £148.96k
Income - Other N/A N/A N/A N/A £0
Income - Legacies N/A N/A N/A N/A £10.50m
Expenditure - Charitable activities N/A N/A N/A N/A £1.07m
Expenditure - Raising funds N/A N/A N/A N/A £27.95k
Expenditure - Governance N/A N/A N/A N/A £31.60k
Expenditure - Grants institution N/A N/A N/A N/A £1.03m
Expenditure - Investment management N/A N/A N/A N/A £27.95k
Expenditure - Other N/A N/A N/A N/A £1.97k

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 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Own use assets N/A N/A N/A N/A £0
Long-term investments N/A N/A N/A N/A £7.52m
Other assets N/A N/A N/A N/A £3.39m
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 £206.00k

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 05 April 2024 13 January 2025 On Time
Accounts and TAR 05 April 2024 13 January 2025 On Time Download Open in new window
Annual return 05 April 2023 08 December 2023 On Time
Accounts and TAR 05 April 2023 Not Required
Annual return 05 April 2022 01 August 2022 On Time
Accounts and TAR 05 April 2022 01 August 2022 On Time Download Open in new window
Annual return 05 April 2021 10 September 2021 On Time
Accounts and TAR 05 April 2021 10 September 2021 On Time Download Open in new window
Annual return 05 April 2020 23 December 2020 On Time
Accounts and TAR 05 April 2020 23 December 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.

TRUST DEED DATED 10 AUGUST 2007.

Charitable objects

A) TO PROMOTE SUCH CHARITABLE PURPOSES AS DETERMINED BY THE TRUSTEES BY PROVIDING FINANCIAL SUPPORT TO CHARITIES OR ORGANISATIONS UNDERTAKING CHARITABLE PURPOSES; B) TO ADVANCE EDUCATION OF INDIVIDUAL RECIPIENTS AND/OR THEIR CHILDREN BY PROVIDING GRANTS TO HELP MEET THE EXPENSES OF THEIR EDUCATION OR TO EDUCATIONAL INSTITUTIONS SUCH AS BUT NOT LIMITED TO SECONDARY SCHOOLS OR UNIVERSITIES; C) TO RELIEVE POVERTY BY MAKING GRANTS TO INDIVIDUAL RECIPIENTS IN STRAITENED CIRCUMSTANCES.

Area of benefit

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

NOT DEFINED IN PRACTICE NATIONAL AND OVERSEAS

Contact information

Address:
GROUND FLOOR
45 PALL MALL
LONDON
SW1Y 5JG
Phone:
02079307797
Email:
ross.badger@hhllp.co.uk
Website:

No information available