BARTS CHARITY

Charity number: 212563
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Barts Charity brings brilliant ideas, ground-breaking research and transformational healthcare to life in East London. Together with our partners we make better healthcare possible, funding brilliant ideas and ground-breaking research to transform lives. We invest in inspiring people and projects that have the greatest impact on the health and lives of local people.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£14,001,000

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Donations and legacies £5.03m
Charitable activities £0
Other trading activities £0
Investments £8.97m
Other £0

Total expenditure:
£44,554,000

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Raising funds £8.08m
Charitable activities £36.48m
Other £0

£39,058,000 investments gains (losses)

Total income includes £771,000 from 1 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 £8.08m
Charitable expenditure £36.48m

People

42 Employee(s)

11 Trustee(s)

Employees with total benefits over £60,000

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

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:
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Barking And Dagenham
  • City Of London
  • Hackney
  • Newham
  • Redbridge
  • Tower Hamlets
  • Waltham Forest

Governance

Registration history:
  • 25 April 2001: Standard registration
Organisation type:
Charitable company
Other names:
  • BARTS CHARITY (Working name)
  • BARTS AND THE LONDON CHARITY AND RELATED CHARITIES (Previous name)
  • BARTS AND THE LONDON CHARITY TRUSTEE AND RELATED CHARITIES (Previous name)
  • ST BARTHOLOMEW'S AND THE ROYAL LONDON CHARITABLE FOUNDATION (Previous name)
Company number:
07168381 Open in new window
Gift aid:
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
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Sarah Purdy OBE Trustee 01 January 2025
None on record
Stephen Bonnard Trustee 30 September 2024
None on record
Nimesh Patel Trustee 01 January 2023
None on record
Jean Murphy Trustee 01 April 2022
None on record
Dr LORNA WILLIAMSON Trustee 01 September 2020
None on record
Dr Catherine Godson Trustee 01 October 2019
None on record
Dr Richard Lewis Trustee 01 April 2019
HELPFORCE COMMUNITY
Received: On time
Ian Hart Trustee 01 April 2019
None on record
SALLY FLANAGAN Trustee 28 September 2016
None on record
THOMAS ROUND Trustee 01 April 2016
None on record
ANDREW BRUCE Trustee 01 April 2015
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 £19.77m £20.37m £14.51m £11.90m £14.00m
Total expenditure £32.24m £31.16m £34.56m £52.55m £44.55m
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 £771.00k
Income - Donations and legacies £4.84m £7.46m £3.04m £2.72m £5.03m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £14.94m £12.91m £11.47m £9.18m £8.97m
Income - Other £0 £0 £0 £0 £0
Income - Legacies £762.00k £839.00k £1.40m £1.51m £2.17m
Expenditure - Charitable activities £28.46m £27.34m £28.85m £45.39m £36.48m
Expenditure - Raising funds £3.78m £3.82m £5.71m £7.16m £8.08m
Expenditure - Governance £179.55k £63.82k £81.46k £98.00k £120.00k
Expenditure - Grants institution £25.78m £24.93m £27.31m £43.61m £33.66m
Expenditure - Investment management £2.55m £2.53m £2.96m £4.20m £4.91m
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 £16.77m £16.95m £16.76m £16.80m £17.41m
Long-term investments £420.87m £487.04m £516.07m £496.75m £519.93m
Other assets £16.97m £15.90m £10.69m £6.79m £1.77m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £83.02m £88.88m £94.16m £119.01m £127.52m

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 04 December 2024 On Time
Accounts and TAR 31 March 2024 04 December 2024 On Time Download Open in new window
Annual return 31 March 2023 08 November 2023 On Time
Accounts and TAR 31 March 2023 08 November 2023 On Time Download Open in new window
Annual return 31 March 2022 18 January 2023 On Time
Accounts and TAR 31 March 2022 18 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 January 2022 On Time
Accounts and TAR 31 March 2021 26 January 2022 On Time Download Open in new window
Annual return 31 March 2020 01 January 2021 On Time
Accounts and TAR 31 March 2020 01 January 2021 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 24 FEB 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26 MAR 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02 SEP 2014 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 11 SEP 2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15 DEC 2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12 DEC 2016

Charitable objects

THE COMPANY’S OBJECTS ARE RESTRICTED SPECIFICALLY TO THOSE CHARITABLE PURPOSES STATED IN SECTIONS 220(3) AND 220(5) OF, AND PARAGRAPH 10(1) OF SCHEDULE 4 TO, THE NHS ACT, NAMELY FOR SUCH PURPOSES RELATING TO 1. HOSPITAL SERVICES (INCLUDING RESEARCH), 2. THE HEALTH SERVICE INCLUDING ANY PART OF THE HEALTH SERVICE ASSOCIATED WITH ANY HOSPITAL, 3. THE NHS TRUST (INCLUDING THE PURPOSES OF ANY SPECIFIC HOSPITAL OR OTHER ESTABLISHMENT OR FACILITY AT OR FROM WHICH THE SERVICES ARE PROVIDED BY THE NHS TRUST)

Area of benefit

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

NOT DEFINED.

Linked charities

Linked charities
Linked charity 212563-9 BARTS AND THE LONDON CHARITY
Governing document
SCHEME DATED 01/04/2011 AS AMENDED ON 27/11/2013
Charitable objects
THOSE CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT STATED IN SECTIONS 220(3) AND 220(5) OF, AND PARAGRAPH 10(1) OF SCHEDULE 4 TO, THE NATIONAL HEALTH SERVICE ACT 2006, NAMELY FOR SUCH PURPOSES RELATING TO: A) HOSPITAL SERVICES (INCLUDING RESEARCH); B) THE HEALTH SERVICE INCLUDING ANY PART OF THE HEALTH SERVICE ASSOCIATED WITH ANY HOSPITAL; C) THE BARTS AND THE LONDON NHS TRUST (INCLUDING THE PURPOSES OF ANY SPECIFIC HOSPITAL OR OTHER ESTABLISHMENT OR FACILITY AT OR FROM WHICH THE SERVICES ARE PROVIDED BY THE BARTS AND THE LONDON NHS TRUST).
Area of benefit
NOT DEFINED
Registration history
  • 25 April 2001 : Standard registration

Contact information

Address:
Barts Charity
Red Lion Buildings
12 Cock Lane
London
EC1A 9BU
Phone:
02076181717
Email:
fiona.bickley@bartscharity.org.uk
Website:

www.bartscharity.org.uk Open in new window