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 (92.5/100). 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 (92.5/100)
Location
Auckland, Auckland
Website
https://coolsafe.org.nz/
Data as at
March 2025

Beneficiaries: General public

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

YearRevenueExpensesNet 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
92.5/100
Financial Score
100
Governance Score
75
Transparency Score
85

Board Members and Officers

Current Officers (0)

NameRoleAppointed

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

NameRoleCompensationYear
Clifton MadgwickTrustee$40,0002024
Lionel RoweTrustee$40,0002024
Linda MulvihillTrustee$40,0002024
Sameer HandaTrustee$40,0002024
Matthew DarbyTrustee$36,6672024
Dave NichollsTrustee$36,6672024
Richard LauderTrustee (Chair)-2024

Major Funders and Contracts (FY2024)

As disclosed in Trust For The Destruction Of Synthetic Refrigerants's annual report.

  • Refrigerant wholesalers — Levy collection on sale of CFCs, HCFCs, HFCs, and flammable synthetic refrigerants

Service Providers

  • PricewaterhouseCoopers (PwC)
  • ANZ Bank
  • Forsyth Barr
  • Burton Partners

Similar Charities in Other

Trust For The Destruction Of Synthetic Refrigerants logo
OtherTrust

Trust For The Destruction Of Synthetic Refrigerants

CC36997Auckland, AucklandRegistered 30 Jun 2008
Data updated: 2 days ago
Financials31 Mar 2025Ratingyesterday

Financial data as at March 2025. Sourced from Charities Services register.

A
93/100
Financial
100
Governance
75
Transparency
85
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

Who We Serve

Beneficiaries
General public

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 Data

Based 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 52 peers · Other · $1M – $10M

Rating Score
93
#1/53
Revenue
$2.4M
#23/53
Reserve Months
2.5
#1/53
Surplus
$-5.9M
#52/53
Staff Cost %
0%
#1/53

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

A
Score: 92.5/100
Financial
100
Governance
75
Transparency
85
Why this grade: Financial 100 × 40% + Governance 75 × 60% = 85 → A.
View Full Score Breakdown

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC36997
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered

Sector & Activities

Primary Sector
Other
Activities
Other - Acts an Umbrella body

Data 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: 27 September 2026.