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PETER COATES FOUNDATION

Registered charity 1202729 · accounts filings on the Charity Commission register

The PETER COATES FOUNDATION, through a mixture of education, investment, and otherurban regeneration philanthropy, will apply the right ingredients to drive the urban regeneration of Stoke-on-Trent.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£190k
Latest spending
£654k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £463,954 for the year, resulting in unrestricted reserves of £2,152,970. The Trustees confirm that these retained funds are sufficient to fulfill existing obligations and cover charitable expenditure for at least 12 months. The charity relies on committed donations from a related party, with £2,275,000 still due at year-end.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient reserves will be held to finance all committed charitable activity and associated costs (held: £2.2m)
“It is the intention of the Trustees going forward that sufficient reserves will be held to finance all committed charitable activity and associated costs. The Trustees have reviewed the reserves policy and have agreed that the level of reserves is assessed annually in order to mitigate current and future risks as well as enabling Peter Coates Foundation to achieve its objectives.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Foundation received administrative support from bet365 Group Limited during the period. Two of the Foundation's Trustees are Directors of bet365 Group Limited, and this entity is therefore deemed to be a related party.
“The Foundation received administrative support from bet365 Group Limited during the period. Two of the Foundation's Trustees are Directors of bet365 Group Limited, and this entity is therefore deemed to be a related party.” — page 4
“During the year, the Trustee made a donation of £750,000 (2024: £500,000). At the year end, the Trustee had committed to a further £2,275,000 (2024: £3,025,000) of donations, and these are included in donations receivable.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trustee made a donation of £750,000. At the year end, the Trustee had committed to a further £2,275,000 of donations.
“The Foundation received administrative support from bet365 Group Limited during the period. Two of the Foundation's Trustees are Directors of bet365 Group Limited, and this entity is therefore deemed to be a related party.” — page 4
“During the year, the Trustee made a donation of £750,000 (2024: £500,000). At the year end, the Trustee had committed to a further £2,275,000 (2024: £3,025,000) of donations, and these are included in donations receivable.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: At the period end £5,200 was due to the Trustee/Director.
“The Foundation received administrative support from bet365 Group Limited during the period. Two of the Foundation's Trustees are Directors of bet365 Group Limited, and this entity is therefore deemed to be a related party.” — page 4
“During the year, the Trustee made a donation of £750,000 (2024: £500,000). At the year end, the Trustee had committed to a further £2,275,000 (2024: £3,025,000) of donations, and these are included in donations receivable.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£4.2m
Total spending
£794k
Reserves (reported)
£2.6m
Employees
0

Reported reserves equal ~39.5 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Staffordshire · Stoke-on-trent City

Income and spending

Financial year endIncomeSpending
31/03/2025£190k£654k
31/03/2024£4.2m£794k

Common questions

Is PETER COATES FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £463,954 for the year, resulting in unrestricted reserves of £2,152,970. The Trustees confirm that these retained funds are sufficient to fulfill existing obligations and cover charitable expenditure for at least 12 months. The charity relies on committed donations from a related party, with £2,275,000 still due at year-end. Its FY2025 accounts were independently examined.