UNIVERSITY COLLEGE LONDON HOSPITALS CHARITIES

Charity Number: 229771
Removed charity

Charity overview

Activities - how the charity spends its money

1) Relief of sickness of patients at UCLH NHS Foundation Trust hospitals; 2) Relief of sickness by the promotion of the efficient performance of staff duties; 3) Funding the investigation of the causes of, and treatment for, sickness and disability 4) Funding the advancement of scientific and medical education and research into sickness and disability

Income and expenditure

Data for financial year ending 31 March 2016

Total income:
£21,643,818

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £9.73m
Charitable activities £1.30m
Other trading activities £6.62m
Investments £3.78m
Other £218.03k

Total expenditure:
£17,820,314

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £9.19m
Other £33.80k

-£258,364 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 £8.63m
Charitable expenditure £9.19m
Retained for future use £3.82m

Fundraising

This charity raises funds from the public but does not work with commercial participators.

Trading

This charity has one or more trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Accommodation/housing
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 10 October 1997: Standard registration
  • 19 January 2009: Removed (Funds transferred (gi))
  • 19 January 2009: Funds transferred to
Organisation type:
Other
Other names:
  • UNIVERSITY COLLEGE LONDON HOSPITALS CHARITY (Working name)
  • THE MIDDLESEX HOSPITAL GENERAL PURPOSE TRUST FUND (Previous name)
  • THE SPECIAL TRUSTEES FOR THE MIDDLESEX HOSPITAL CHARITY (Previous name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Land and property:
No information available

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Total gross income £13.61m £35.98m £16.47m £16.72m £21.64m
Total expenditure £14.93m £26.44m £20.20m £18.07m £17.82m
Income from government contracts N/A N/A N/A £0 £0
Income from government grants N/A N/A N/A £0 £0
Income - Donations and legacies £4.59m £17.04m £5.17m £4.95m £9.73m
Income - Other trading activities £6.32m £15.49m £6.92m £6.65m £6.62m
Income - Charitable activities £481.33k £764.16k £1.26m £1.45m £1.30m
Income - Endowments £10.00k £0 £0 £0 £0
Income - Investment £2.20m £2.65m £3.09m £3.64m £3.78m
Income - Other £21.80k £35.00k £30.98k £33.17k £218.03k
Income - Legacies £303.65k £443.54k £204.80k £254.52k £3.89m
Expenditure - Charitable activities £7.88m £12.15m £12.06m £9.93m £9.19m
Expenditure - Raising funds N/A N/A N/A N/A £8.60m
Expenditure - Governance £336.98k £301.10k £294.95k £235.82k £92.62k
Expenditure - Grants institution £0 £2.44m £2.46m £1.44m £1.51m
Expenditure - Investment management £1.12m £1.33m £1.34m £1.72m £1.96m
Expenditure - Other £0 £0 £543.24k £228.26k £33.80k

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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Own use assets £1.77m £2.04m £1.72m £1.62m £9.39m
Long-term investments £104.61m £87.74m £104.51m £117.71m £112.56m
Other assets £17.60m £47.59m £34.05m £28.21m £64.13m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £37.94m £38.36m £36.96m £35.55m £41.27m

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 2017 Not submitted
Accounts and TAR 31 March 2017 Not submitted
Annual return 31 March 2016 21 December 2016 On Time
Accounts and TAR 31 March 2016 21 December 2016 On Time
Annual return 31 March 2015 29 October 2015 On Time
Accounts and TAR 31 March 2015 16 October 2015 On Time
Annual return 31 March 2014 15 October 2014 On Time
Accounts and TAR 31 March 2014 15 October 2014 On Time

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.

GROUP CHARITY - SEE INDIVIDUAL CONSTITUENTS

Charitable objects

GROUP CHARITY - SEE INDIVIDUAL CONSTITUENTS

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 229771-8 SPECIAL TRUSTEES FOR THE MIDDLESEX HOSPITALS PATIENTS AND STAFF WELFARE CHARITY
Governing document
DECLARATION OF TRUST DATED 27 MARCH 1997
Charitable objects
I) THE RELIEF OF SICKNESS OF PATIENTS WHO ARE OR HAVE BEEN TREATED AT THE MIDDLESEX HOSPITAL; AND II) THE RELIEF OF SICKNESS AT THE MIDDLESEX HOSPITAL BY PROMOTING THE EFFICIENT PERFORMANCE OF THEIR DUTIES BY THE STAFF OF THAT HOSPITAL.
Area of benefit
NOT DEFINED
Registration history
  • 10 October 1997 : Standard registration
  • 19 January 2009 : Removed
  • 19 January 2009 : Asset transfer out