BAIN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity generated investment income of £100,512 and incurred total payments of £28,179, resulting in a net increase in funds. The trustees confirm that systems are established to mitigate risks, with the main risk identified as the variability of investment returns. No specific reserves policy is maintained as unrestricted funds are paid to beneficiaries throughout the year.
What the accounts disclose
“In addition to the fees shown on page 5, as a result of the acquisition and disposal of investments, the charity pays transaction charges to HSBC Bank plc. The charges are calculated on a sliding scale at a percentage of the transactions value plus VAT and are added to or deducted from the cost of the investments or the disposal proceeds in accordance with UK standard accounting practice.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 18/03/2025 | £128k | £61k |
| 05/04/2024 | £91k | £208k |
| 05/04/2023 | £78k | £116k |
| 05/04/2022 | £63k | £60k |
| 05/04/2021 | £74k | £125k |
Common questions
Is BAIN CHARITABLE TRUST financially healthy?
The accounts state that the charity generated investment income of £100,512 and incurred total payments of £28,179, resulting in a net increase in funds. The trustees confirm that systems are established to mitigate risks, with the main risk identified as the variability of investment returns. No specific reserves policy is maintained as unrestricted funds are paid to beneficiaries throughout the year. Its FY2025 accounts were independently examined.