CCEW Charity Commission profile

NESTA

Registered charity 1144091 · organisation 5021032

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
30 September 2011
Removed
Not supplied
Company number supplied
07706036
Financial period
1 April 2024 – 31 March 2025
Latest income
£55,306,000
Latest expenditure
£73,622,000
Gift Aid
No
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: 58, Victoria Embankment, London, London, EC4Y ODS

Website recorded by the regulator: www.nesta.org.uk (displayed as text)

02 Activities

What the charity does

The UK's innovation agency for social good. We design, test and scale new solutions to society's biggest problems, changing millions of lives for the better. We will focus our energy and resources on three innovation missions: a fairer start for every child; a healthy life for all, and a sustainable future where the economy works better for people and the planet.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
21 January 2026
Date Accounts Received
21 January 2026
Total Gross Income
£55,306,000
Total Gross Expenditure
£73,622,000
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
31 January 2025
Date Accounts Received
31 January 2025
Total Gross Income
£52,412,000
Total Gross Expenditure
£65,727,000
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
30 January 2024
Date Accounts Received
30 January 2024
Total Gross Income
£46,114,000
Total Gross Expenditure
£60,926,000
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
10 January 2023
Date Accounts Received
10 January 2023
Total Gross Income
£21,614,000
Total Gross Expenditure
£41,611,000
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
16 December 2021
Date Accounts Received
17 December 2021
Total Gross Income
£29,594,000
Total Gross Expenditure
£37,088,000

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
21 January 2026
Total Gross Income
£55,306,000
Total Gross Expenditure
£73,622,000
Grant Making Is Main Activity
Yes
Count Govt Contracts
183
Count Govt Grants
£5
Income From Government Contracts
15205595
Income From Government Grants
£434,433
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
57
Count Salary Band 70001 80000
29
Count Salary Band 80001 90000
23
Count Salary Band 90001 100000
9
Count Salary Band 100001 110000
7
Count Salary Band 110001 120000
7
Count Salary Band 120001 130000
2
Count Salary Band 130001 140000
2
Count Salary Band 140001 150000
5
Count Salary Band 150001 200000
6
Count Salary Band 250001 300000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
31 January 2025
Total Gross Income
£52,412,000
Total Gross Expenditure
£65,727,000
Grant Making Is Main Activity
Yes
Count Govt Contracts
227
Count Govt Grants
£14
Income From Government Contracts
15516061
Income From Government Grants
£5,237,678
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
29
Count Salary Band 70001 80000
35
Count Salary Band 80001 90000
23
Count Salary Band 90001 100000
7
Count Salary Band 100001 110000
7
Count Salary Band 110001 120000
6
Count Salary Band 120001 130000
3
Count Salary Band 130001 140000
2
Count Salary Band 140001 150000
3
Count Salary Band 150001 200000
3
Count Salary Band 200001 250000
0
Count Salary Band 250001 300000
1
Count Salary Band 300001 350000
0
Count Salary Band 350001 400000
0
Count Salary Band 400001 450000
0
Count Salary Band 450001 500000
0
Count Salary Band Over 500000
0
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
30 January 2024
Total Gross Income
£46,114,000
Total Gross Expenditure
£60,926,000
Grant Making Is Main Activity
Yes
Count Govt Contracts
13
Count Govt Grants
£8
Income From Government Contracts
716807
Income From Government Grants
£1,917,967
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
51
Count Salary Band 70001 80000
52
Count Salary Band 80001 90000
16
Count Salary Band 90001 100000
22
Count Salary Band 100001 110000
8
Count Salary Band 110001 120000
7
Count Salary Band 120001 130000
4
Count Salary Band 130001 140000
1
Count Salary Band 140001 150000
4
Count Salary Band 150001 200000
4
Count Salary Band 200001 250000
2
Count Salary Band 250001 300000
0
Count Salary Band 300001 350000
0
Count Salary Band 350001 400000
0
Count Salary Band 400001 450000
0
Count Salary Band 450001 500000
0
Count Salary Band Over 500000
0
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
10 January 2023
Total Gross Income
£21,614,000
Total Gross Expenditure
£41,611,000
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£3
Income From Government Grants
£607,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
20
Count Salary Band 70001 80000
13
Count Salary Band 80001 90000
7
Count Salary Band 90001 100000
8
Count Salary Band 100001 110000
4
Count Salary Band 110001 120000
4
Count Salary Band 120001 130000
1
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
1
Count Salary Band 200001 250000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
16 December 2021
Total Gross Income
£29,594,000
Total Gross Expenditure
£37,088,000
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£11
Income From Government Grants
£11,175,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
31
Count Salary Band 70001 80000
9
Count Salary Band 80001 90000
7
Count Salary Band 90001 100000
8
Count Salary Band 100001 110000
8
Count Salary Band 110001 120000
1
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
1
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
1
Count Salary Band 200001 250000
1
Count Salary Band 250001 300000
0
Count Salary Band 300001 350000
0
Count Salary Band 350001 400000
0
Count Salary Band 400001 450000
0
Count Salary Band 450001 500000
0
Count Salary Band Over 500000
0
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
21 January 2026
Income Donations And Legacies
0
Income Other Trading Activities
26872000
Income Charitable Activities
11931000
Income Investments
15013000
Income Other
1490000
Income Total Income And Endowments
55306000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£23,222,000
Expenditure Charitable Expenditure
£50,400,000
Expenditure Other
0
Expenditure Total
73622000
Expenditure Investment Management
244000
Expenditure Grants Institution
12481000
Expenditure Governance
643000
Expenditure Support Costs
17675000
Expenditure Depreciation
1025000
Gain Loss Investment
14056000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-55000
Reserves
£36,001,000
Assets Total Fixed
446604000
Assets Own Use
29851000
Assets Long Term Investment
416753000
Defined Benefit Pension Scheme
0
Assets Other Assets
£43,423,000
Assets Total Liabilities
£16,466,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£473,561,000
Creditors One Year Total Current
15733000
Creditors Falling Due After One Year
733000
Assets Cash
£20,986,000
Funds Endowment
429108000
Funds Unrestricted
36001000
Funds Restricted
8452000
Funds Total
473561000
Count Employees
512
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
31 January 2025
Income Donations And Legacies
0
Income Other Trading Activities
24761000
Income Charitable Activities
13278000
Income Investments
14214000
Income Other
159000
Income Total Income And Endowments
52412000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£23,661,000
Expenditure Charitable Expenditure
£42,066,000
Expenditure Other
0
Expenditure Total
65727000
Expenditure Investment Management
468000
Expenditure Grants Institution
5172000
Expenditure Governance
606000
Expenditure Support Costs
18309000
Expenditure Depreciation
1131000
Gain Loss Investment
20058000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-65000
Reserves
£51,365,000
Assets Total Fixed
463149000
Assets Own Use
31335000
Assets Long Term Investment
431814000
Defined Benefit Pension Scheme
0
Assets Other Assets
£38,605,000
Assets Total Liabilities
£23,898,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£477,856,000
Creditors One Year Total Current
13652000
Creditors Falling Due After One Year
10246000
Assets Cash
£16,451,000
Funds Endowment
411935000
Funds Unrestricted
51365000
Funds Restricted
14556000
Funds Total
477856000
Count Employees
494
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
30 January 2024
Income Donations And Legacies
0
Income Other Trading Activities
26638000
Income Charitable Activities
9433000
Income Investments
9498000
Income Other
545000
Income Total Income And Endowments
46114000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£25,993,000
Expenditure Charitable Expenditure
£34,933,000
Expenditure Other
0
Expenditure Total
60926000
Expenditure Investment Management
865000
Expenditure Grants Institution
5444000
Expenditure Governance
737000
Expenditure Support Costs
14111000
Expenditure Depreciation
1029000
Gain Loss Investment
-23873000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
102000
Reserves
£50,682,000
Assets Total Fixed
452903000
Assets Own Use
34610000
Assets Long Term Investment
418293000
Defined Benefit Pension Scheme
0
Assets Other Assets
£40,346,000
Assets Total Liabilities
£21,526,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£471,723,000
Creditors One Year Total Current
13568000
Creditors Falling Due After One Year
7958000
Assets Cash
£20,077,000
Funds Endowment
408548000
Funds Unrestricted
50682000
Funds Restricted
12493000
Funds Total
471723000
Count Employees
510
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
10 January 2023
Income Donations And Legacies
0
Income Other Trading Activities
9689000
Income Charitable Activities
4278000
Income Investments
7335000
Income Other
312000
Income Total Income And Endowments
21614000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£8,403,000
Expenditure Charitable Expenditure
£33,208,000
Expenditure Other
0
Expenditure Total
41611000
Expenditure Investment Management
859000
Expenditure Grants Institution
4486000
Expenditure Governance
461000
Expenditure Support Costs
12246000
Expenditure Depreciation
730000
Gain Loss Investment
26005000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
150000
Reserves
£42,586,000
Assets Total Fixed
488296000
Assets Own Use
35988000
Assets Long Term Investment
452308000
Defined Benefit Pension Scheme
0
Assets Other Assets
£44,869,000
Assets Total Liabilities
£22,155,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£511,010,000
Creditors One Year Total Current
14159000
Creditors Falling Due After One Year
7996000
Assets Cash
£24,034,000
Funds Endowment
451618000
Funds Unrestricted
42586000
Funds Restricted
16806000
Funds Total
511010000
Count Employees
523
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
16 December 2021
Income Donations And Legacies
0
Income Other Trading Activities
4499000
Income Charitable Activities
16887000
Income Investments
7884000
Income Other
324000
Income Total Income And Endowments
29594000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£2,784,000
Expenditure Charitable Expenditure
£34,304,000
Expenditure Other
0
Expenditure Total
37088000
Expenditure Investment Management
842000
Expenditure Grants Institution
8725000
Expenditure Governance
463000
Expenditure Support Costs
12392000
Expenditure Depreciation
674000
Gain Loss Investment
88672000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-55000
Reserves
£22,031,000
Assets Total Fixed
474815000
Assets Own Use
25199000
Assets Long Term Investment
449616000
Defined Benefit Pension Scheme
0
Assets Other Assets
£46,012,000
Assets Total Liabilities
£15,691,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£505,136,000
Creditors One Year Total Current
7107000
Creditors Falling Due After One Year
8584000
Assets Cash
£24,004,000
Funds Endowment
458587000
Funds Unrestricted
22031000
Funds Restricted
24518000
Funds Total
505136000
Count Employees
277
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Country
Geographic Area Description
Scotland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
202
Classification Type
Who
Classification Description
Elderly/old People
Classification Code
310
Classification Type
How
Classification Description
Other Charitable Activities
Classification Code
101
Classification Type
What
Classification Description
General Charitable Purposes
Classification Code
109
Classification Type
What
Classification Description
Arts/culture/heritage/science
Classification Code
113
Classification Type
What
Classification Description
Economic/community Development/employment
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
117
Classification Type
What
Classification Description
Other Charitable Purposes
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
112
Classification Type
What
Classification Description
Environment/conservation/heritage
Classification Code
308
Classification Type
How
Classification Description
Sponsors Or Undertakes Research
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
205
Classification Type
Who
Classification Description
Other Charities Or Voluntary Bodies
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
105
Classification Type
What
Classification Description
The Prevention Or Relief Of Poverty
Classification Code
103
Classification Type
What
Classification Description
The Advancement Of Health Or Saving Of Lives
Classification Code
303
Classification Type
How
Classification Description
Provides Other Finance
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
307
Classification Type
How
Classification Description
Provides Advocacy/advice/information

08 Official extract

Charity Event History

Charity Name
NESTA
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2011-09-30T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES INCORPORATED 15/07/2011AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/07/2011AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 22/07/2013NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 23/01/2014NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 30/11/2015
Charitable Objects
THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT:2.1 TO ADVANCE EDUCATION, AND IN PARTICULAR THE STUDY OF INNOVATION, BY THE PROMOTION OF RESEARCH AND THE PUBLICATION OF THE USEFUL RESULTS THEREOF, IN:2.1.1 SCIENCE AND TECHNOLOGY;2.1.2 THE ARTS;2.1.3 THE EFFICIENCY OF PUBLIC SERVICES;2.1.4 THE VOLUNTARY SECTOR AND SOCIAL ENTERPRISE; AND2.1.5 INDUSTRY AND COMMERCE.2.2 TO ADVANCE:2.2.1 SCIENCE AND TECHNOLOGY2.2.2 THE ARTS2.2.3 THE EFFICIENCY OF PUBLIC SERVICES2.2.4 THE VOLUNTARY SECTOR2.2.5 INDUSTRY AND COMMERCE AND SOCIAL ENTERPRISE WHICH(A) RELIEVES POVERTY(B) RELIEVES UNEMPLOYMENT(C) ADVANCES HEALTH(D) ADVANCES ENVIRONMENTAL PROTECTION OR IMPROVEMENT AND SUSTAINABLE DEVELOPMENT(E) ADVANCES CITIZENSHIP OR COMMUNITY DEVELOPMENTTHROUGH OR BY ENCOURAGING AND SUPPORTING INNOVATION.THE VOLUNTARY SECTOR MEANS CHARITIES AND VOLUNTARY ORGANISATIONS. CHARITIES ARE ORGANISATIONS, WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES.VOLUNTARY ORGANISATIONS ARE INDEPENDENT ORGANISATIONS, WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES. SUSTAINABLE DEVELOPMENT MEANS DEVELOPMENT THAT MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.2.3 TO ADVANCE ANY OTHER PURPOSE WHICH IS RECOGNISED AS EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AND SCOTLAND.2.4 THROUGHOUT THESE ARTICLES A CHARITABLE PURPOSE IS A PURPOSE THAT IS REGARDED AS CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES PROVIDED THAT IT WILL NOT INCLUDE ANY PURPOSE WHICH IS NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005. FOR THE AVOIDANCE OF DOUBT, THE SYSTEM OF LAW GOVERNING THE CONSTITUTION OF THE CHARITY IS THE LAW OF ENGLAND AND WALES.
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
510998
Charity Name Type
Previous name
Charity Name
NESTA OPERATING COMPANY

11 Official extract

Charity Policy

Policy Name
Internal risk management policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Risk management
Policy Name
Safeguarding policy and procedures
Policy Name
Complaints handling
Policy Name
Investing charity funds policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Engaging external speakers at charity events policy and procedures
Policy Name
Campaigns and political activity policy and procedures
Policy Name
Conflicting interests
Policy Name
Investment
Policy Name
Complaints policy and procedures
Policy Name
Paying staff
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Social media policy and procedures