Finance Score: -2

Governance Score: 2

Support Score: 0

Poor Liquidity: -1
Good Reserves: +1Multiple Deficits: -2

Good trustee age range: +3
Mainly male board: -1

No supporters identified

Overall GiG Score: 0

THE SYNCONA FOUNDATION

The Syncona Foundation ("Foundation") receives an annual donation from Syncona Limited. The Foundation grants those funds to charities selected by its Trustees in furtherance of the Foundation's charitable objects.

Analysis by Giving is Great

Positives:

The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
The Board is predominantly male

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
On several occasions in recent years income has been less than spending

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	Volun- teers
31/03/23		£4,671	£2,542	£2,129	£0	£4,378	£4,378	20.7	2
31/03/22	*	£2,490	£2,883	£-393	£0	£2,249	£2,249	9.4	0
31/03/21		£2,818	£498	£2,321	£0	£2,642	£2,642	63.7	0
31/03/20		£2,639	£3,040	£-401	£0	£321	£321	1.3	2
31/03/19		£2,457	£2,771	£-314	£0	£723	£723	3.1	2
01/04/18		£3,786	£2,588	£1,198	£0	£1,036	£1,036	4.8	0
31/03/17		£3,534	£3,178	£356	£0	£588	£288	1.1	0
31/03/16	*	£2,647	£2,643	£4	£0	£305	£5	0	0
31/03/15		£2,510	£2,209	£300	£0	£302	£2	0	0
31/03/14		£1,594	£1,593	£1	£0	£1	£1	0	0
31/03/13	*	£493	£492	£0	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 20.7 months
Net Current Assets/Spending: 22 months
Quick Ratio: 0.1

Asset Split ?

Established: 12 years

https://www.synconaltd.com/charities/

TH@BACIT.CO

0207 387 4264

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
The Advancement Of Health Or Saving Of Lives

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

Unknown number of employees
2 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 48-76

LUCIE ANNABEL KITCHENER Appointed: 2021, Occupation: Chief Executive Officer, Other trusteeship: SIR JOHN SOANE'S MUSEUM,

RUPERT CHRISTIAN RIGBYE ADAMS Appointed: 2016, Occupation: Partner (Investment Firm)

THOMAS ALEXANDER GAVIN HENDERSON (Chair) Appointed: 2012, Occupation: Fund Manager

JAMES MALTIN Appointed: 2020, Occupation: Investment Manager, Other trusteeship: DIDACT FOUNDATION,

NIGEL KEEN Appointed: 2018, Occupation: Investment Professional, Other trusteeship: UNIVERSITY COLLEGE LONDON HOSPITALS CHARITY,

Legal constitution

Charitable company registered in England & Wales on 03/10/2012, number: 1149202
Registered at Companies House on 17/05/2012, number: 08073905

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Risk management
Trustee conflicts of interest policy and procedures

Filing Record

11 returns made; AR22: 2 days late, AR16: 2 days late, AR13: 121 days late,

Main office

c/o Couch Bright King & Co
2 Tolherst Court
Turkey Mill
Ashford Road
MAIDSTONE
Kent

Objectives

The charitable objects (“the Objects”) of the Charity are:2.1 to support the prevention, treatment, cure and ultimately the eradication of cancer in all of its forms and any allied diseases;2.2 to promote and assist:2.2.1 the study of and research into the nature, causes, diagnosis and pathology of cancer and any allied diseases;2.2.2 the development and provision of all forms of preventive, curative, management and palliative treatment of cancer and any allied diseases;2.2.3 education and training in subjects relevant to the study of cancer and any allied diseases;2.3 to co-operate with, and to promote and assist the work of, the Institute of Cancer Research and, or alternatively, such other charitable organisations whose objects include any of those specified in Articles 2.1 and 2.2 as the Charity may determine in addition to or in substitution for the Institute of Cancer Research; and2.4 to promote and assist such other charitable objects and charitable organisations as the Charity may from time to time consider desirable.

Data Sources