NEWSTRAID BENEVOLENT FUND
Newstraid helps persons, and their immediate dependants, who have been employed in newspaper and magazine distribution in the UK and who have fallen on hard times. The qualifying criteria are a need and a proven trade connection. In a nutshell, we help people who deal with newspapers and magazines from the time they leave the printing press until they reach the reader.
Financial health, per its FY2025 accounts
The accounts state that free reserves of £8.3m exceed the stated policy target of five years' current expenditure (£6.1m), although the trustees note that retailer income is in decline and investment income will eventually need to be supplemented by free reserves. The charity reported a surplus for the year and confirmed it has adequate resources to continue in operational existence for at least twelve months.
What the accounts disclose
“One employee earned between £80,000 and £90,000 during the year and one employee earned between £70,000 and £80,000” — page 25
“One employee earned between £80,000 and £90,000 during the year and one employee earned between £70,000 and £80,000” — page 25
“The charity's reserve policy is to retain reserves covering at least 5 years current expenditure levels, excluding payments to regular beneficiaries which are held in a designated fund.”
“£2,716 (2024 - £4,649) paid to InterSend Ltd, a company controlled by John Bardsley (trustee) relating to postage costs for beneficiary gifts.” — page 29
Year-over-year changes
- Employees paid over £60,000: 3 (FY2024) → 2 (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Adrian Hugheschair
- INGRID JONES
- John Bardsley
- Jonathan Mark Gilhespie
- Lucinda Robertson
- Mark England
- Michael Mirams
- Mylene Sylvestre
- Parin Gohil
- Shaun Jones
- Surjit Khunkhun
- Tracy O'Sullivan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.0m | £1.8m |
| 31/12/2024 | £2.0m | £1.8m |
| 31/12/2023 | £2.0m | £1.8m |
| 31/12/2022 | £2.0m | £1.7m |
| 31/12/2021 | £1.8m | £1.5m |
Common questions
Is NEWSTRAID BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that free reserves of £8.3m exceed the stated policy target of five years' current expenditure (£6.1m), although the trustees note that retailer income is in decline and investment income will eventually need to be supplemented by free reserves. The charity reported a surplus for the year and confirmed it has adequate resources to continue in operational existence for at least twelve months. Its FY2025 accounts were audited by Alwyns LLP.
What does the highest-paid employee of NEWSTRAID BENEVOLENT FUND earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BRIDE FLEET STREET | 2 | £3k |
| THE PRINTING CHARITY | 1 | £120k |
| THE EVAN CORNISH FOUNDATION | 1 | £10k |
| COLONEL W H WHITBREAD CHARITABLE TRUST | 1 | £5k |
| THE OAKDALE TRUST | 1 | £1k |
| THE DWF FOUNDATION | 1 | £1k |
| THE ROTHERMERE FOUNDATION | 1 | £1k |
Charities like this
- BIG ISSUE NORTH TRUST LTD
- THE NEWSPAPER PRESS FUND
- THE RORY PECK TRUST
- THE PRINTING CHARITY
- COAL TRADE BENEVOLENT ASSOCIATION
- THE ECONOMIST CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWSTRAID BENEVOLENT FUND | £2.0m | £80,001 - £90,000 | 2 | unclear | — | no doubt |
| BIG ISSUE NORTH TRUST LTD | £810k | — | 0 | above | — | no doubt |
| THE NEWSPAPER PRESS FUND | £957k | £100,001 - £110,000 | 2 | unclear | — | noted |
| THE RORY PECK TRUST | £751k | more than £60,000 | 1 | above | — | no doubt |
| THE PRINTING CHARITY | £1.2m | — | — | unclear | — | no doubt |
| COAL TRADE BENEVOLENT ASSOCIATION | £442k | — | 0 | unclear | — | no doubt |