THE COLES-MEDLOCK FOUNDATION
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?
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 |
|---|---|---|
| THE TURING TRUST | FY2024 | £15k |
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2025 | £6k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JEREMY COLLER FOUNDATION | 1 | £230k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| UNSEEN (UK) | 1 | £20k |