THE RIFLES BENEVOLENT TRUST

Registered charity 1119071 · accounts filings on the Charity Commission register

To relieve serving of former members of the Regiment or former members of the forming regiments or the dependents of such persons who are in need by virtue of financial hardship, sickness or old age.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£1.0m

Latest spending

£927k

Registered

2007

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds carried forward amounted to £25,362,754, comprising unrestricted funds of £18,849,409 and restricted funds of £6,513,345. The charity reported a net income of £1,958,417 for the year, driven by significant gains on investment assets of £1,816,217. The trustees confirmed that the going concern assumption remains appropriate with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 3% of the average market value of the portfolio over 3 years plus 1% uplift (held: £18.8m)

“A review took place in late 2021 and a baseline of 3% of the average market value of the portfolio over 3 years was retained (including actual investment income) and an additional uplift of 1% was agreed to enable the budgetary requirement for 2024 to be met.” — page 10

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The Rifles Regimental Trust transferred £7,000 to the Benevolent Trust in respect of salary costs.

“During the year, The Rifles Regimental Trust transferred £7,000 (2023: £17,500) to the Benevolent Trust in respect of its salary costs. In addition, a further contribution of £21,000 (2023: £25,750) was made to support shared salary obligations. The Rifles Officers’ Fund transferred £34,780 (2023: Enil) to the Benevolent Trust for the same purpose.” — page 31

“The Rifles Regimental Trust transferred £131,031 (2023: £132,122) to the Benevolent Trust in respect of Regimental Subscriptions, and £92,285 (2023: £51,605) in relation to donations and Gift Aid which were received into the Regimental Trust but were attributable to the Benevolent Trust.” — page 31

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The Rifles Regimental Trust transferred £131,031 for Regimental Subscriptions and £92,285 for donations/Gift Aid.

“During the year, The Rifles Regimental Trust transferred £7,000 (2023: £17,500) to the Benevolent Trust in respect of its salary costs. In addition, a further contribution of £21,000 (2023: £25,750) was made to support shared salary obligations. The Rifles Officers’ Fund transferred £34,780 (2023: Enil) to the Benevolent Trust for the same purpose.” — page 31

“The Rifles Regimental Trust transferred £131,031 (2023: £132,122) to the Benevolent Trust in respect of Regimental Subscriptions, and £92,285 (2023: £51,605) in relation to donations and Gift Aid which were received into the Regimental Trust but were attributable to the Benevolent Trust.” — page 31

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The Rifles Officers’ Fund paid £1,650 to the Regimental Trust for trustee rewards.

“During the year, The Rifles Regimental Trust transferred £7,000 (2023: £17,500) to the Benevolent Trust in respect of its salary costs. In addition, a further contribution of £21,000 (2023: £25,750) was made to support shared salary obligations. The Rifles Officers’ Fund transferred £34,780 (2023: Enil) to the Benevolent Trust for the same purpose.” — page 31

“The Rifles Regimental Trust transferred £131,031 (2023: £132,122) to the Benevolent Trust in respect of Regimental Subscriptions, and £92,285 (2023: £51,605) in relation to donations and Gift Aid which were received into the Regimental Trust but were attributable to the Benevolent Trust.” — page 31

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income

£1.0m

Total spending

£927k

Cost of raising funds

£73k

Reserves (reported)

£21.4m

Employees

Per its annual return, largest income source: Donations and legacies (56% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 7.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

SIMON CHARLES HAZLITTchair · trustee of 2 other charities
Brigadier James Michael Henry Allen OBE · trustee of 1 other charity
Brigadier Matthew Baker
Captain Adrian Matthew Hinks · trustee of 2 other charities
Colonel Ralph Graham Arundell · trustee of 2 other charities
Henry Charles Steel · trustee of 2 other charities
Lieutenant Colonel Peter James Alexander Balls OBE · trustee of 2 other charities
Major General Daniel Reeve MC · trustee of 1 other charity
Rebecca Charlotte Maciejewska · trustee of 2 other charities
Robert Charles Reynolds · trustee of 2 other charities

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£1.0m	£927k
31/12/2024	£1.0m	£895k
31/12/2023	£919k	£939k
31/12/2022	£1.2m	£1.0m
31/12/2021	£947k	£691k

Common questions

Is THE RIFLES BENEVOLENT TRUST financially healthy?

Per its FY2024 accounts: The accounts state that total funds carried forward amounted to £25,362,754, comprising unrestricted funds of £18,849,409 and restricted funds of £6,513,345. The charity reported a net income of £1,958,417 for the year, driven by significant gains on investment assets of £1,816,217. The trustees confirmed that the going concern assumption remains appropriate with no material uncertainties identified. Its FY2024 accounts were audited by MC Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
ROYAL ENGINEERS CENTRAL CHARITABLE TRUST	1	£1.2m
THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT	1	£5k
THE BARBERS' COMPANY GENERAL CHARITIES	1	£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE RIFLES REGIMENTAL TRUST.

THE RIFLES REGIMENTAL TRUST income £574k
JUST RIFLES CHARITABLE TRUST income £197k
PRINCESS OF WALES'S ROYAL REGIMENT (QUEEN'S AND ROYAL HAMPSHIRES) BENEVOLENT FUND income £377k
ROYAL ENGINEERS ASSOCIATION income £1.7m
THE ROYAL YORKSHIRE REGIMENT BENEVOLENT TRUST income £184k
THE ROYAL YORKSHIRE REGIMENT CHARITABLE TRUST income £235k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE RIFLES BENEVOLENT TRUST	£1.0m	—	0	unclear	—	no doubt
THE RIFLES REGIMENTAL TRUST FY2024	£574k	—	0	unclear	—	no doubt
JUST RIFLES CHARITABLE TRUST FY2025	£197k	—	0	unclear	—	no doubt
PRINCESS OF WALES'S ROYAL REGIMENT (QUEEN'S AND ROYAL HAMPSHIRES) BENEVOLENT FUND FY2024	£377k	—	0	above	—	no doubt
ROYAL ENGINEERS ASSOCIATION FY2025	£1.7m	£70,001 - £80,000	—	unclear	—	no doubt
THE ROYAL YORKSHIRE REGIMENT BENEVOLENT TRUST FY2025	£184k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.