DENISE COATES FOUNDATION
The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales.
Financial health, per its FY2025 accounts
The accounts state that the Foundation held total funds of £1,094.5m as of 30 March 2025, with unrestricted reserves of £16.8m. The Trustees confirmed that resources were adequate to meet liabilities as they fall due for at least 12 months, and the auditor reported no material uncertainties regarding going concern.
What the accounts disclose
“The policy of the Trustees is to hold a level of Free Reserves that allows them to set appropriate budgets for the following financial period for grant making of £16.5m (2024: £16.3m) and governance costs.”
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period. No balances were owed to or from related parties at the period end (2024: £nil). The Foundation receives support from the bet365 Group Limited group of companies in respect of office space and other costs including management time, but the Trustees believe that this support is not material to disclose in the period or prior period.” — page 34
In the news
- Denise Coates Foundation supports local students
- Bet365 CEO Denise Coates Foundation reduces charitable giving from £9m to £6m
- Denise Coates Foundation donates £10m to NHS charity
Structured financials (annual return, FY ending 26/03/2025)
Trustees
- JOHN FITZGERALD COATESchair
- DENISE COATES
- JAMES EDWARD WHITE
- Oliver Adams
- PETER COATES
- SIMON HUGH GALLETLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 26/03/2025 | £144.0m | £19.0m |
| 26/03/2024 | £133.3m | £13.0m |
| 26/03/2023 | £18.9m | £12.4m |
| 27/03/2022 | £19.8m | £20.3m |
| 28/03/2021 | £19.3m | £7.3m |
Common questions
Is DENISE COATES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation held total funds of £1,094.5m as of 30 March 2025, with unrestricted reserves of £16.8m. The Trustees confirmed that resources were adequate to meet liabilities as they fall due for at least 12 months, and the auditor reported no material uncertainties regarding going concern. Its FY2025 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE A B CHARITABLE TRUST | 1 | £570k |
| TRUST FOR LONDON | 1 | £250k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| THE STEWARTS LAW FOUNDATION | 1 | £33k |
| THE HAPPY BABY COMMUNITY | 1 | £29k |
| THE TURING TRUST | 1 | £15k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £6k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE SUPPORT FOUNDATION
- THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION
- THE JOHN COATES CHARITABLE TRUST
- THE HARGRAVE FOUNDATION
- THE CLARKSON FOUNDATION
- THE HABERDASHERS' FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DENISE COATES FOUNDATION | £144.0m | — | 0 | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |
| THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION | £123k | — | 0 | unclear | — | no doubt |
| THE JOHN COATES CHARITABLE TRUST | £299k | — | 0 | unclear | — | no doubt |
| THE HARGRAVE FOUNDATION | £174k | — | 0 | unclear | — | no doubt |
| THE CLARKSON FOUNDATION | £2.0m | — | 0 | unclear | — | no doubt |