Finance Score: 2
Governance Score: 4
Support Score: 0
  • Strong growth: +2
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 6 ?

LIFEARC 

SIC Code: 72110 - Research and experimental development on biotechnology1. Performing our own research in order to progress technologies and treatments for the benefit of human health.2. Work with universities, charities, public bodies and industry to accelerate the progression of biomedical discoveries to develop new treatments or therapeutics for the medical profession and public.
Analysis by Giving is Great

Positives:

  • This charity has an endowment fund which generates most of its income
  • There has been strong growth in spending over the last 5 years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • One or more trustees receive payments or benefits from the charity for providing services to the charity
  • The Board has little diversity in terms of age

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£22,879£60,302£-37,423£381£1,186,359£1,186,359236.12470
31/12/21£17,877£56,510£-38,633£300£1,313,922£1,313,9222792290
31/12/20£9,148£49,659£-40,511£516£1,218,941£1,218,941294.62150
31/12/19?£992,204£27,822£964,382£0£1,204,650£1,204,650519.62010
31/03/18£25,850£26,549£-699£0£175,259£175,25979.21720
31/03/17£128,967£24,828£104,139£0£174,972£174,97284.61570
31/03/16£29,708£23,004£6,704£0£65,135£65,135341460
31/03/15£25,196£22,152£3,044£548£59,801£59,80132.41430
31/03/14*£25,196£29,934£-4,738£792£54,180£54,18021.71350
31/03/13£24,156£15,649£8,507£964£58,772£53,70141.21280
31/03/12£22,125£14,205£7,920£793£48,203£41,404351270
31/03/11£20,206£14,694£5,512£641£40,326£33,21327.11160
31/03/10£18,861£11,881£6,980£1,070£34,319£26,94327.21090
31/03/09£20,873£10,921£9,952£1,093£24,320£14,33815.81030
31/03/08£10,751£8,582£2,169£640£12,723£7,33610.3860
31/03/07£7,830£7,588£242£568£10,676£5,4228.6820
31/03/06£9,111£5,463£3,647£0£0£0n/a00
31/03/05*£5,367£5,768£-401£0£0£0n/a00
31/03/04*£4,320£5,473£-1,154£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 22%
Highest pay band: £400,000-£450,000
Liabilities/Assets: 1%
Liabilities/Income: 70%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 236.1 months
Net Current Assets/Spending: 23 months
Quick Ratio: 0.9
Asset Split ?
Established: 32 years

www.lifearc.org

info@lifearc.org

02073912777

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?
Listed activities
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Medical education & research
How it operates
  • Sponsors or undertakes research
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • The General Public/Mankind
Who works here?
  • 247 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split
Based on 11/12 persons

Age Range of Trustees: 48-66
  • LYNNE ROBB Appointed: 2020, Occupation: Non-Exec Director Of Medicine Discovery Catapult
Legal constitution
  • Charitable company registered in England & Wales on 17/11/1992, number: 1015243
  • Registered at Companies House on 18/03/1992, number: 02698321
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
19 returns made; AR14: 1 days late, AR05: 1 days late, AR04: 24 days late,
Main office

LYNTON HOUSE
7-12 TAVISTOCK SQUARE
LONDON
WC1H 9LT

Objectives

TO PROMOTE THE PUBLIC BENEFIT BY IMPROVING HUMAN HEALTH AND MEDICALRESEARCH IN PARTICULAR BY ASSISTING THE PROGRESS OF THE SCIENTIFIC DISCOVERIESAND NEW TECHNOLOGIES ARISING FROM RESEARCH INTO THERAPEUTIC TREATMENTS,DRUGS, DIAGNOSTICS, OTHER TECHNOLOGIES OR INFORMATION RESOURCES.TO WORK WITH INDUSTRY, CHARITIES, UNIVERSITIES, THE HEALTH SERVICE AND OTHERRELEVANT BODIES AS WELL AS CONDUCTING ITS OWN RESEARCH AND DEVELOPMENT ASNEEDED TO ACCELERATE THE PROGRESS OF THESE DISCOVERIES AND TECHNOLOGIES TOTHE STAGE AT WHICH THEY ARE (I) CAPABLE OF BEING MADE GENERALLY AVAILABLE TOTHE MEDICAL PROFESSION AND THE PUBLIC FOR PRACTICAL APPLICATION FOR THE IMPROVEMENT OF HEALTH AND/OR (II) ARE TRANSFERRED OR LICENSED TO A THIRD PARTYTO PROGRESS DEVELOPMENT OF SUCH DISCOVERIES OR TECHNOLOGIES TOWARDS SUCHGOALS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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