COBALT HEALTH

Registered charity 1090790 · accounts filings on the Charity Commission register · also known as COBALT, COBALT APPEAL FUND, COBALT MEDICAL CHARITY, COBALT UNIT APPEAL FUND, Cobalt Medical Charity, GLOUCESTERSHIRE MAGNETIC RESONANCE IMAGING SERVICE

The Charity works, in collaboration with the National Health Service and other bodies, to prevent, detect, diagnose and treat or alleviate cancers and other life limiting disease/injury. It does this by providing:1) funding to support local NHS oncological and allied services2) a Cancer Prevention and Education Service3) an MRI scanning service4) a PET-CT service5) funding of research

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£28.2m
Latest spending
£28.7m
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that Cobalt Health reported a deficit of £469,660 for the year ended 31 March 2025, an improvement from the previous year's deficit of £1.56 million. The charity holds general reserves of £4.4 million, which the trustees consider sufficient to cover potential risks and maintain financial viability. The trustees confirm that resources are adequate to meet existing projects and planned equipment replacement, with no material uncertainties affecting the going concern status.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

Public fundraising profile: JustGiving — Cobalt (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
The Newcastle Upon Tyne Hospitals NHS Foundation TrustMobile CT Lung Screening Service——

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (4 freehold); recorded price paid £950k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Cobalt Health — Registered, 2 registered locations, 2 regulated activities, last inspected 12/07/2023.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£28.2m
Total spending
£28.7m
Cost of raising funds
£341k
Reserves (reported)
£4.4m
Employees
182

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 1.2% of total income — below the median for charities its size (3.8%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£28.2m£28.7m
31/03/2024£25.4m£26.9m
31/03/2023£26.8m£25.9m
31/03/2022£22.9m£20.0m
31/03/2021£21.7m£14.9m

Common questions

Is COBALT HEALTH financially healthy?

Per its FY2025 accounts: The accounts state that Cobalt Health reported a deficit of £469,660 for the year ended 31 March 2025, an improvement from the previous year's deficit of £1.56 million. The charity holds general reserves of £4.4 million, which the trustees consider sufficient to cover potential risks and maintain financial viability. The trustees confirm that resources are adequate to meet existing projects and planned equipment replacement, with no material uncertainties affecting the going concern status. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds COBALT HEALTH?

Funders whose own accounts filings name COBALT HEALTH as a grant recipient include THE HOBSON CHARITY LIMITED, THE ANNANDALE CHARITABLE TRUST, THE SAINTBURY TRUST, PINK RIBBON FOUNDATION, THE FIELDROSE CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE HOBSON CHARITY LIMITEDFY2023£10kMedical
THE ANNANDALE CHARITABLE TRUSTFY2022£10k
THE SAINTBURY TRUSTFY2022£7kThe Advancement of Health or the Saving of Lives
PINK RIBBON FOUNDATIONFY2022£5k
THE FIELDROSE CHARITABLE TRUSTFY2022£5k
THE GORDON GRAY TRUSTFY2022£3k
THE GORDON GRAY TRUSTFY2024£3k
THE GORDON GRAY TRUSTFY2025£2k
THE CATHERINE AND ANGUS WOOD CHARITABLE TRUSTFY2026£2k
THE GORDON GRAY TRUSTFY2023£500

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CANCER RESEARCH WALES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
COBALT HEALTH£28.2m——unclear—no doubt
CANCER RESEARCH WALES FY2026£5.9m——unclear—no doubt
CANCER SUPPORT YORKSHIRE FY2025£581k—0above—no doubt
THE COCHRANE COLLABORATION FY2024£10.5m——above—no doubt
PUBLIC HEALTH COLLABORATION FY2025£354k—0unclear—no doubt
Our Bolton NHS Charity FY2025£191k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.