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BOOTS BENEVOLENT FUND

Registered charity 1046559 · accounts filings on the Charity Commission register · also known as BENNY FUND, THE BOOTS GROUP BENEVOLENT FUND

The objective of the Fund is to relieve poverty among and provide assistance to employees and their dependents or immediate relatives of Alliance Boots or persons or their dependents or immediate relatives who have at any time been employed by Alliance Boots.

Causes: The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£705k
Latest spending
£599k
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £2,332,181, which is 3.9 times the annual expenditure, aligning with the trustees' policy target of three times annual expenditure. The charity reported a net gain of £70,117 and generated positive cash flows, with no material uncertainty regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three times the level of annual expenditure (held: £2.3m)
“The Trustees have agreed that three times the level of annual expenditure would be a prudent level of reserves.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donated services from Boots UK Limited
“During the year, the Fund was donated services to the value of £237,837 (2024: £242,407) from a related company, Boots UK Limited (a wholly owned subsidiary within the Group). Income from certain donations is collected by Boots UK Limited on behalf of the Fund and available to the Fund on demand. The outstanding balance due from Boots UK Limited as at 31 August 2025 was £67,493 (31 August 2024: £127,541). Costs in relation to the part time Fund Manager have been borne by the Boots Benevolent Fund, The total support costs directly incurred by the Fund for this service was £55,795 (2024: £53,439) which is included within expenditure on charitable activities.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Deloitte LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Boots Benevolent Fund (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income
£705k
Total spending
£599k
Cost of raising funds
£27k
Reserves (reported)
£2.3m
Employees
0

Reported reserves equal ~46.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (93% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.9% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
31/08/2025£705k£599k
31/08/2024£662k£533k
31/08/2023£919k£514k
31/08/2022£450k£292k
31/08/2021£409k£240k

Common questions

Is BOOTS BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,332,181, which is 3.9 times the annual expenditure, aligning with the trustees' policy target of three times annual expenditure. The charity reported a net gain of £70,117 and generated positive cash flows, with no material uncertainty regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Deloitte LLP.