BAIN CHARITABLE TRUST
The charity pays income to charitable institutions at the absolute discretion of the trustees, favouring charities in the North West of England. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
1. THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.2. THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THE RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.
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
“The fund generated investment income of £100,512 (2024: £90,538) in the year to fund its charitable activities.”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 18/03/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
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?
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. Its FY2025 accounts were independently examined.
Charities like this
- THE BANISTER CHARITABLE TRUST
- THE JOAN LYNETTE DALTON CHARITABLE TRUST
- THE BRYAN CHRISTOPHER CORRIGAN CHARITABLE TRUST
- THE MAY HARDY MBE CHARITABLE TRUST
- INTRUST
- THE LAUNAN CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BAIN CHARITABLE TRUST | £128k | — | 0 | unclear | — | no doubt |
| THE BANISTER CHARITABLE TRUST | £214k | — | 0 | below | — | not going concern |
| THE JOAN LYNETTE DALTON CHARITABLE TRUST | £120k | — | — | unclear | — | no doubt |
| THE BRYAN CHRISTOPHER CORRIGAN CHARITABLE TRUST | £43k | — | 0 | unclear | — | no doubt |
| THE MAY HARDY MBE CHARITABLE TRUST | £48k | — | 0 | above | — | no doubt |
| INTRUST | £482k | — | — | unclear | — | no doubt |