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LADBROKES CORAL TRUST

Registered charity 1101804 · accounts filings on the Charity Commission register · also known as CORAL CHARITABLE TRUST, LADBROKES CHARITABLE TRUST, LADBROKES IN THE COMMUNITY CHARITABLE TRUST

Latest income
£746k
Latest spending
£768k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased from £140,065 to £118,791 during the year, resulting in a net expenditure of £21,274. The charity raised £746,350 in income but spent £767,624 on charitable activities and support costs. Cash balances at year-end were £93,121, which is below the stated reserves policy maximum of £250,000.

What the accounts disclose

Reserves policy: do not exceed £250,000 (held: £119k)
“It is intended that these cash reserves do not exceed £250,000 at any one time.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees are employees of Entain Group; no remuneration charged to charity for their time.
“The Trustees who have served during the period are also employees of the Entain Group and spend an immaterial amount of their time on activities relating to the Trust. As such, none (2023: none) of their remuneration is considered to be for qualifying services to the Charity.” — page 13
“Management services are provided to the Charity by a fellow group company. No charge has been provided for these services.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Management services provided by fellow group company with no charge.
“The Trustees who have served during the period are also employees of the Entain Group and spend an immaterial amount of their time on activities relating to the Trust. As such, none (2023: none) of their remuneration is considered to be for qualifying services to the Charity.” — page 13
“Management services are provided to the Charity by a fellow group company. No charge has been provided for these services.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Ladbrokes Coral Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£746k
Total spending
£768k
Cost of raising funds
£5k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£746k£768k
31/12/2023£522k£688k
31/12/2022£358k£337k
31/12/2021£225k£160k
31/12/2020£339k£370k

Common questions

Is LADBROKES CORAL TRUST financially healthy?

The accounts state that unrestricted reserves decreased from £140,065 to £118,791 during the year, resulting in a net expenditure of £21,274. The charity raised £746,350 in income but spent £767,624 on charitable activities and support costs. Cash balances at year-end were £93,121, which is below the stated reserves policy maximum of £250,000. Its FY2024 accounts were independently examined.

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