THE BRIGADE OF GURKHAS EDUCATION AND WELFARE FUND
The charity provides benefit to serving members of the Brigade of Gurkhas and their families. Key activities: welfare and well being, education and training, medical, recreational facilities and improvement of conditions in theatres of operations
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £5,309,483, which is significantly above the trustees' stated policy target of £277,000. Although the charity reported a net decrease in funds of £145,367 due to investment losses, the trustees confirm the going concern basis is appropriate as the charity can reduce grant expenditure if investment returns fall.
What the accounts disclose
“At the 24 Nov 2021 meeting, the trustees approved the bank account unrestricted reserves funds at a level of 50% of the expenses for the year. This calculates at £277,000 (equivalent to 6 months of funding)”
“The validity of this assumption is dependent on investment returns continuing to meet the funds requirements; however, in periods of poor return the charity is able to reduce grant expenditure accordingly.” — page 20
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- COLONEL HUGO STANFORD-TUCK
- MAJOR CHANDRA KUMAR LIMBU
- MAJOR JAMES DEVALL
- MAJOR KHADKA BAHADUR GURUNG
- MAJOR ROBERT MITCHELL
- MAJOR SUBARAJ SUNUWAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £479k | £380k |
| 31/03/2024 | £453k | £394k |
| 31/03/2023 | £574k | £292k |
| 31/03/2022 | £391k | £309k |
| 31/03/2021 | £371k | £147k |
Common questions
Is THE BRIGADE OF GURKHAS EDUCATION AND WELFARE FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £5,309,483, which is significantly above the trustees' stated policy target of £277,000. Although the charity reported a net decrease in funds of £145,367 due to investment losses, the trustees confirm the going concern basis is appropriate as the charity can reduce grant expenditure if investment returns fall. Its FY2025 accounts were audited by Rock Tax & Accounting.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | 3 | £29k |
| THE SIMON GIBSON CHARITABLE TRUST | 3 | £17k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 3 | £14k |
| THE CADOGAN CHARITY | 2 | £115k |
| THE DYERS' COMPANY CHARITABLE TRUST | 2 | £84k |
| THE IAN FLEMING CHARITABLE TRUST | 2 | £45k |
| THE GEORGE CADBURY TRUST (GEORGE HENRY T AND LAURENCE J CADBURY SECTIONS) | 2 | £15k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 2 | £14k |
Charities like this
- THE GURKHA WELFARE TRUST
- FOLKESTONE NEPALESE COMMUNITY (FNC)
- THE ROYAL YORKSHIRE REGIMENT CHARITABLE TRUST
- Army Benevolent Fund
- The Royal Signals Charity
- GAMEKEEPERS WELFARE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BRIGADE OF GURKHAS EDUCATION AND WELFARE FUND | £479k | — | 0 | unclear | — | noted |
| THE GURKHA WELFARE TRUST | £26.6m | — | — | above | 22.0% | no doubt |
| FOLKESTONE NEPALESE COMMUNITY (FNC) | £228k | — | 0 | unclear | — | no doubt |
| THE ROYAL YORKSHIRE REGIMENT CHARITABLE TRUST | £235k | — | 0 | above | — | no doubt |
| Army Benevolent Fund | £13.7m | — | — | unclear | — | no doubt |
| The Royal Signals Charity | £1.5m | £60,001 - £70,000 | 1 | above | — | no doubt |