CIBSE BENEVOLENT FUND TRUST
THE RELIEF OF PERSONS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS AND WHO ARE MEMBERS OR FORMER MEMBERS OF THE INSTITUTION OF HEATING AND VENTILATING ENGINEERS OR OF THE ILLUMINATING ENGINEERING SOCIETY OF GREAT BRITAIN OR THE CHARTERED INSTITUTION OF BUILDING SERVICE ENGINEERS AND THE IMMEDIATE DEPENDANTS OF SUCH PERSONS
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £950,878 from £1,001,762 in the prior year, driven by a net loss on investments of £46,518. Despite this reduction, the Trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern for at least 12 months. The Trust maintains sufficient cash resources to meet grants awarded and operational costs.
What the accounts disclose
“It is the policy of the Board of Trustees to maintain sufficient free reserves to generate sufficient investment income in order to continue to fulfil the objects of the Trust and to provide for future demands.” — page 5
“At the end of the year, CIBSE owed the Trust £6,516 (2024: CIBSE owed the Trust £73,743 which was paid back to the Benevolent fund during 2025).” — page 15
Trustees
- Kevin Kellychair
- Alan John McWilliam MCIBSE
- James Alfred Stocker MCIBSE
- John Field FCIBSE
- John Sproxton
- Leslie Darron Copeland
- Peter John Anderson
- Peter Raynam
- RAY GOODING
- Siu Fung FUNG MCIBSE
- Stuart MacPherson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £69k | £74k |
| 31/12/2024 | £73k | £62k |
| 31/12/2023 | £65k | £57k |
| 31/12/2022 | £51k | £63k |
| 31/12/2021 | £51k | £48k |
Common questions
Is CIBSE BENEVOLENT FUND TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £950,878 from £1,001,762 in the prior year, driven by a net loss on investments of £46,518. Despite this reduction, the Trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern for at least 12 months. The Trust maintains sufficient cash resources to meet grants awarded and operational costs. Its FY2025 accounts were independently examined.