COBALT HEALTH

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

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.

What the accounts disclose

Accounts audited by Crowe U.K. LLP.

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

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

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

• The Institute of Translational Medicine: Requires improvement (02/09/2022) · CQC record
• Cobalt Health: Good (18/12/2024) · CQC record

Register events

• Received assets from another charity (17/08/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees

• Philip James Leonardchair
• Claire Morris
• Dr Felicity Jenkins
• Dr Janet Ropner
• Dr Valerie Jane Udale
• Matthew Nicholas Jones
• Pamela Sissons
• Russell Peek · trustee of 1 other charity
• Ruth Elaine Goddard · trustee of 1 other charity

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

Operates in: Throughout England And Wales

Income and spending

Common questions

Known funders

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

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 THE COCHRANE COLLABORATION.

• THE COCHRANE COLLABORATION income £10.5m
• THE INSTITUTE FOR CANCER VACCINES AND IMMUNOTHERAPY income £433k
• THE BIG C APPEAL LIMITED income £3.2m
• CANCER RESEARCH UK income £734.8m
• THE DERBYSHIRE COMMUNITY HEALTH SERVICES CHARITABLE TRUST income £149k
• THE CHRISTIE CHARITY income £20.7m