ELLEN MACARTHUR FOUNDATION

Charity number: 1130306
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To provide a vision and framework for the transition towards a restorative economy - the circular economy. To focus our activities in three areas. Education - Inspiring a generation to re-think, re-design and build a positive future; Business - Catalysing business innovation for a circular economy;. Insight - Creating a tipping point for a circular economy through thought leadership.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£20,787,086

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Donations and legacies £13.74m
Charitable activities £7.96k
Other trading activities £6.92m
Investments £111.20k
Other £0

Total expenditure:
£21,361,643

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Raising funds £354.59k
Charitable activities £15.91m
Other £5.09m

£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 £5.45m
Charitable expenditure £15.91m

People

187 Employee(s)

5 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 13
£70k to £80k 3
£80k to £90k 2
£90k to £100k 4
£100k to £110k 4
£110k to £120k 1
£140k to £150k 1
£200k to £250k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Isle Of Wight
  • Scotland

Governance

Registration history:
  • 23 June 2009: Standard registration
Organisation type:
Charitable company
Other names:
  • EMF (Working name)
Company number:
06897785 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
  • Campaigns and political activity policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Hema Patel Trustee 08 September 2023
None on record
Michael Lebovitz Trustee 08 March 2019
None on record
PETER MORGAN Trustee
None on record
DAME ELLEN MACARTHUR Trustee
ELLEN MACARTHUR CANCER TRUST
Received: On time
PHILIP SELLWOOD Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £16.35m £12.51m £18.14m £17.39m £20.79m
Total expenditure £9.76m £11.57m £14.60m £16.07m £21.36m
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 £12.86m £8.28m £13.63m £11.56m £13.74m
Income - Other trading activities £3.45m £4.19m £4.50m £5.83m £6.92m
Income - Charitable activities £10.57k £17.00k £10.00k £8.00k £7.96k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £24.78k £18.00k £4.00k £6.00k £111.20k
Income - Other £0 £0 £2.00k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £9.55m £8.82m £11.64m £12.51m £15.91m
Expenditure - Raising funds £142.69k £353.00k £151.00k £301.00k £354.59k
Expenditure - Governance £0 £0 £91.00k £86.00k £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £70.03k £2.40m £2.81m £3.26m £5.09m

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 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £340.78k £644.00k £751.00k £382.00k £698.68k
Long-term investments £1 £0 £0 £0 £0
Other assets £15.90m £20.53m £24.23m £20.23m £26.59m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £2.72m £3.41m £3.75m £1.57m £5.48m

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 August 2023 26 June 2024 On Time
Accounts and TAR 31 August 2023 26 June 2024 On Time Download Open in new window
Annual return 31 August 2022 01 June 2023 On Time
Accounts and TAR 31 August 2022 01 June 2023 On Time Download Open in new window
Annual return 31 August 2021 28 June 2022 On Time
Accounts and TAR 31 August 2021 28 June 2022 On Time Download Open in new window
Annual return 31 August 2020 29 June 2021 On Time
Accounts and TAR 31 August 2020 29 June 2021 On Time Download Open in new window
Annual return 31 August 2019 03 September 2020 65 days late
Accounts and TAR 31 August 2019 03 September 2020 65 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 OF ASSOCIATION INCORPORATED 7 MAY 2009 AS AMENDED BY SPECIAL RESOLUTION 22 JUNE 2009

Charitable objects

TO PROMOTE FOR THE BENEFIT OF THE PUBLIC OF THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT AND THE PRUDENT USE OF NATURAL RESOURCES; AND TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS FOR THE PUBLIC BENEFIT AND DISSEMINATE THE USEFUL RESULTS.

Area of benefit

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

UNDEFINED. IN PRACTICE, NATIONAL

Contact information

Address:
THE SAIL LOFT
42 MEDINA ROAD
COWES
PO31 7BX
Phone:
01983296463
Email:
info@ellenmacarthurfoundation.org
Website:

www.ellenmacarthurfoundation.org Open in new window