Trust For The Destruction Of Synthetic Refrigerants — Registered Charity in Auckland
Trust For The Destruction Of Synthetic Refrigerants is a Trust charity, based in Auckland, Auckland. CharityData rates this charity A- (85/100). Annual revenue: $2.4M NZD. Financial data as at March 2025.
Mission: Collection and destruction of used/unwanted synthetic refrigerants
- Registration Number
- CC36997
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- CharityData Rating
- A- (85/100)
- Location
- Auckland, Auckland
- Website
- https://coolsafe.org.nz/
- Data as at
- March 2025
Financial Summary
- Total Revenue
- $2.4M NZD
- Total Expenses
- $8.4M NZD
- Total Assets
- $27.7M NZD
- Net Assets
- $24.7M NZD
- Reserve Months
- 2.5 months of operating expenses
- Staff Count
- 8
- Volunteers
- 0
- Financial Year End
- 2025-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $2.4M | $8.4M | $24.7M |
| 2024 | $9.6M | $4.2M | $30.7M |
| 2023 | $8.6M | $3.2M | $25.3M |
| 2022 | $11.3M | $1.9M | $19.8M |
| 2021 | $1.5M | $1.2M | $10.4M |
| 2020 | $3.2M | $1.6M | $10.0M |
| 2019 | $1.5M | $1.4M | $8.4M |
| 2018 | $1.7M | $1.1M | $8.2M |
| 2017 | $1.7M | $0.9M | $7.6M |
| 2016 | $1.3M | $0.8M | $6.9M |
CharityData Rating
- Overall Grade
- A-
- Overall Score
- 85/100
- Financial Score
- 100
- Governance Score
- 50
- Transparency Score
- 50
Board Members and Officers
Current Officers (0)
| Name | Role | Appointed |
|---|
Former Officers (13)
- Ian Hawke — Trustee
- Walter Tongue — Trustee
- Brent Long — Trustee
- Michelle Kazor — Trustee
- Matthew Darby — Trustee
- Allan Nicholls — Trustee (departed 2024-05-09)
- Linda Mulvihill — Trustee
- Richard Lauder — Chairman and Trustee
- Lionel Rowe — Trustee (departed 2024-05-15)
- Sameer Handa — Trustee
- Clifton Madgwick — Trustee (departed 2024-05-14)
- OZone Protection Co Limited — Trustee (departed 2021-03-14)
- Kenneth Bowen — Director (departed 2021-03-14)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Clifton Madgwick | Trustee | $40,000 | 2024 |
| Lionel Rowe | Trustee | $40,000 | 2024 |
| Linda Mulvihill | Trustee | $40,000 | 2024 |
| Sameer Handa | Trustee | $40,000 | 2024 |
| Matthew Darby | Trustee | $36,667 | 2024 |
| Dave Nicholls | Trustee | $36,667 | 2024 |
| Richard Lauder | Trustee (Chair) | - | 2024 |
Service Providers
- PricewaterhouseCoopers (PwC)
- ANZ Bank
- Forsyth Barr
- Burton Partners
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- Grace Trust — Other
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OtherTrust
Trust For The Destruction Of Synthetic Refrigerants
CC36997Auckland, AucklandRegistered 30 Jun 2008
Data updated: 4 days ago
Financials31 Mar 2025Rating2d ago
Financial data as at March 2025. Sourced from Charities Services register.
Revenue
$2.4M
Expenses
$8.4M
Assets
$27.7M
Staff
8
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
About
Mission
Collection and destruction of used/unwanted synthetic refrigerants
Key Statistics
Annual Revenue
$2.4M
Total Expenses
$8.4M
Net Assets
$24.7M
Staff
8
employees
Volunteers
0
Financial Trends
Financial Trends (17 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
2.5mo
Could operate 2.5 months with zero revenue
Critical
Fundraising Cost
-
No fundraising data
No data
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 48 peers · Other · $1M – $10M
Rating Score
85
Revenue
$2.4M
Reserve Months
2.5
Surplus
$-5.9M
Staff Cost %
0%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating
A-Score: 85/100
Financial
100
Governance
50
Transparency
50
Why this grade: Financial 100 × 40% + Governance 50 × 60% = 70 → A-.
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Claim This ProfileContact Details
Address
Auckland, Auckland
Registration
Registration NumberCC36997
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered
Sector & Activities
Primary Sector
OtherData sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 2 May 2026.
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