THE NFU MUTUAL CHARITABLE TRUST

Registered charity 1073064 · accounts filings on the Charity Commission register

Latest income
£1.0m
Latest spending
£1.1m
Registered
1998
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £108,034, which is above the trustees' stated policy target of maintaining minimum unrestricted reserves of around £100,000. The charity reported a net movement in funds of -£29,222 for the year, resulting in total net assets of £189,006, with the trustees confirming adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: around £100,000 (held: £108k)
The Trustees believe that the Trust should generally maintain minimum unrestricted reserves of around £100,000. — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Deloitte LLP.

What the charity says about itself (2025)

From its own voluntary annual review / impact report— the charity’s account of its work, distinct from the statutory accounts analysed above.

The report states that the Trust made grants to 28 organizations in 2025, an increase from 23 in the previous year.
During the year the Trust made grants from the unrestricted fund totalling £1,232,585 (2024: £1,012,462) to a total of 28 (2024: 23) organisations.
The report estimates that the donations made in 2025 will directly help more than 137,000 people across the UK.
It is estimated by beneficiaries that, collectively, the donations made by the Trust during 2025 will directly help more than 137,000 people across the UK.
The Trust received £1,200,000 in funding from NFU Mutual in 2025, an increase from £1,000,000 in 2024.
In 2025 the Trust received funding of £1,200,000 (2024: £1,000,000) from NFU Mutual.
The Trust awarded one bursary through the Centenary Award in 2025, compared to four in 2024.
One bursary was awarded in 2025 (2024: four).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.0m
Total spending
£1.1m
Reserves (reported)
£108k
Employees
0

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.0m£1.1m
31/12/2023£1.0m£1.0m
31/12/2022£1.0m£1.1m
31/12/2021£1.1m£1.1m
31/12/2020£963k£1.1m

Common questions

Is THE NFU MUTUAL CHARITABLE TRUST financially healthy?

The accounts state that unrestricted reserves stood at £108,034, which is above the trustees' stated policy target of maintaining minimum unrestricted reserves of around £100,000. The charity reported a net movement in funds of -£29,222 for the year, resulting in total net assets of £189,006, with the trustees confirming adequate resources to continue as a going concern. Its FY2024 accounts were audited by Deloitte LLP.

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