BRE TRUST

Registered charity 1092193 · accounts filings on the Charity Commission register · also known as FOUNDATION FOR THE BUILT ENVIRONMENT · also registered in Scotland as SC039320 (OSCR)

Latest income
£64.8m
Latest spending
£58.4m
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that BRE Trust reported a net surplus of £7.1m for the year ended 31 March 2025, with total income from charitable activities increasing to £61.9m. Per the trustees' report, free reserves were maintained at £29.5m, which is within the stated policy target of committed contract value plus three months of operating costs. The organization confirmed it has sufficient resources to continue as a going concern for at least 12 months.

What the accounts disclose

Highest-paid employee band: £210,000 - £219,999 — above the 90th percentile for charities its size (median £125k)
£210,000 - £219,999 1 1 — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: total committed contract value plus three months of operating costs (held: £29.5m)
BRE Trust has a reserves policy which requires it to maintain reserves at a level equivalent to total committed contract value plus three months of operating costs. — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Intercompany payables from the Trust to subsidiaries
At 31 March 2025, there were intercompany payables from the Trust amounting to £218k (2024: payables from the Trust: £81k) outstanding between the Trust and its subsidiaries. — page 49
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £35.3m
As of 31 March 2025, the scheme actuaries valued the deficit at £35.2m compared to £38.5m (as restated) in the previous year.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£64.8m
Total spending
£58.4m
Reserves (reported)
£7.5m
Employees
597

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£64.8m£58.4m
31/03/2024£59.9m£55.7m
31/03/2023£59.8m£54.9m
31/03/2022£59.6m£50.8m
31/03/2021£52.3m£49.7m

Common questions

Is BRE TRUST financially healthy?

The accounts state that BRE Trust reported a net surplus of £7.1m for the year ended 31 March 2025, with total income from charitable activities increasing to £61.9m. Per the trustees' report, free reserves were maintained at £29.5m, which is within the stated policy target of committed contract value plus three months of operating costs. The organization confirmed it has sufficient resources to continue as a going concern for at least 12 months. Its FY2025 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of BRE TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £210,000 - £219,999 band.

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