DENISE COATES FOUNDATION
Latest income
£144.0m
Latest spending
£19.0m
Registered
2012
Accounts read
FY2025
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
Reserves policy: 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 (held: £16.8m)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from bet365 Group Limited and Hillside (Media Services) Limited.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 26/03/2025)
Total income
£144.0m
Total spending
£19.0m
Cost of raising funds
£2.2m
Reserves (reported)
£16.8m
Employees
0
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?
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 | £300k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| THE STEWARTS LAW FOUNDATION | 1 | £33k |
| THE TURING TRUST | 1 | £15k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £6k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £3k |