THE COLES-MEDLOCK FOUNDATION
THE OBJECTS ARE THE RELIEF OF THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY AND FINANCIAL HARDSHIPS IN THE UNITED KINGDOM AND ABROAD IN ANY PART OF THE WORLD.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £15,783,898 at year-end, with reserves described as 'more than adequate' to meet the annual grant-making target of £750,000. Although the charity reported a net expenditure of £81,942 for the year, this was funded by the disposal of investments, and the investment portfolio retained a market value of £15,857,915.
What the accounts disclose
“The reserves are more than adequate to meet our grant making target of at least £750,000 each year.” — page 6
“During the year, the Charity received an unconditional donation of £250,000 (2024: £NIL) from DPRS Finance Limited. D J Medlock and S J Medlock are directors of DPRS Finance Limited and also Trustees of the Charity.” — page 27
“During the year, donated services and facilities were received by the Medlock family companies. The Trustees have estimated the use of buildings, utilities and staff costs at £8,769 (2024: £NIL).” — page 27
“During the year, the Charity received an unconditional donation of £250,000 (2024: £NIL) from DPRS Finance Limited. D J Medlock and S J Medlock are directors of DPRS Finance Limited and also Trustees of the Charity.” — page 27
“During the year, donated services and facilities were received by the Medlock family companies. The Trustees have estimated the use of buildings, utilities and staff costs at £8,769 (2024: £NIL).” — page 27
Trustees
- DAVID MEDLOCKchair
- MARK GOODMAN
- PETER JOHN MEDLOCK
- Rebecca Kupa
- Steven Medlock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £480k | £1.0m |
| 31/07/2024 | £140k | £907k |
| 31/07/2023 | £313k | £1.0m |
| 31/07/2022 | £294k | £862k |
| 31/07/2021 | £293k | £579k |
Common questions
Is THE COLES-MEDLOCK FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £15,783,898 at year-end, with reserves described as 'more than adequate' to meet the annual grant-making target of £750,000. Although the charity reported a net expenditure of £81,942 for the year, this was funded by the disposal of investments, and the investment portfolio retained a market value of £15,857,915. Its FY2025 accounts were audited by O'Sullivan Hughes Audit Limited.
Who funds THE COLES-MEDLOCK FOUNDATION?
Funders whose own accounts filings name THE COLES-MEDLOCK FOUNDATION as a grant recipient include THE TURING TRUST, HABITAT FOR HUMANITY GREAT BRITAIN.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TURING TRUST | FY2024 | £15k | Malawi Project |
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2025 | £6k | International Development |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| JEREMY COLLER FOUNDATION | 1 | £230k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| UNSEEN (UK) | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- THE COLE CHARITABLE TRUST
- YAD VEACHISOMOCH L'CHAIM
- Coller Family Foundation
- MW (GK) FOUNDATION
- THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION
- THE MEDLOCK CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE COLES-MEDLOCK FOUNDATION | £480k | — | 0 | above | — | no doubt |
| THE COLE CHARITABLE TRUST | £144k | — | 0 | below | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| Coller Family Foundation | £230k | — | 0 | below | — | no doubt |
| MW (GK) FOUNDATION | £261k | Under £60,000 | 0 | unclear | — | no doubt |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | £444k | — | 0 | above | — | no doubt |