THE BARRISTERS' BENEVOLENT ASSOCIATION
General purposes. Make grants and loans to individuals; provide finance, services and information.
Objects
THE OBJECTS OF THE CHARITY ARE TO HELP NEEDY AND DESERVING MEMBERS OF THE ENGLISH BAR WHO ARE OR HAVE BEEN IN PRACTICE IN ENGLAND OR WALES, THEIR HUSBANDS OR WIVES, WIDOWS OR WIDOWERS, CHILDREN AND DEPENDANTS, OR ANY OTHER INDIVIDUALS WITH WHOM IT CAN BE DEMONSTRATED THEY ARE OR WERE IN A COMMITTED RELATIONSHIP.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £424,059 for the year ended 31 December 2024, driven by investment gains despite a deficit on income and expenditure. Per the trustees' report, unrestricted reserves stood at £13,236,813, with the committee intending to maintain a reserves limit of £7,500,000, though current levels are higher to buffer against market uncertainties. The charity confirmed it has adequate resources to continue as a going concern for the foreseeable future.
What the accounts disclose
“the Committee intends to maintain the current level of total reserves limit at £7,500,000” — page 10
“There were no related party transactions during the year other than Committee Members making unrestricted donations of £5,120 (2023 - £5,065) to the Charity.” — page 35
Policies the charity declares
- 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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Terence Rennie Mowschenson KCchair
- DANIEL TOLEDANO KC
- David John Phillips KC
- Graeme Alexander Halkerston
- Helen Valley
- Jeffrey Israel
- Lord Mark Oliver Saville
- MR Angus Maxwell Thomas McCullough QC
- Marcus Croskell
- Master Roger Eastman
- Raymond Edwin Cox KC
- Sara Jane Hargreaves
- TEERTHA GUPTA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £594k | £673k |
| 31/12/2023 | £808k | £540k |
| 31/12/2022 | £986k | £702k |
| 31/12/2021 | £669k | £975k |
| 31/12/2020 | £1.8m | £1.3m |
Common questions
Is THE BARRISTERS' BENEVOLENT ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £424,059 for the year ended 31 December 2024, driven by investment gains despite a deficit on income and expenditure. Per the trustees' report, unrestricted reserves stood at £13,236,813, with the committee intending to maintain a reserves limit of £7,500,000, though current levels are higher to buffer against market uncertainties. The charity confirmed it has adequate resources to continue as a going concern for the foreseeable future. Its FY2024 accounts were audited by AC Mole LLP.