THE RIFLES BENEVOLENT TRUST
Financial health, per its FY2022 accounts
The accounts state that total resources expended were £1,009,344 against incoming resources of £1,152,730, resulting in a net loss on investments of £1,327,179 which led to a net expenditure for the year. Per the trustees' report, the charity holds significant unrestricted reserves of £16,240,338, supported by investment assets valued at £17,173,745, providing a strong financial position despite market volatility.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- SIMON CHARLES HAZLITTchair
- Brigadier James Michael Henry Allen OBE
- Brigadier Matthew Baker
- Captain Adrian Matthew Hinks
- Colonel Ralph Graham Arundell
- Henry Charles Steel
- Lieutenant Colonel Peter James Alexander Balls OBE
- Major General Daniel Reeve MC
- Rebecca Charlotte Maciejewska
- Robert Charles Reynolds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £895k |
| 31/12/2023 | £919k | £939k |
| 31/12/2022 | £1.2m | £1.0m |
| 31/12/2021 | £947k | £691k |
| 31/12/2020 | £605k | £649k |
Common questions
Is THE RIFLES BENEVOLENT TRUST financially healthy?
The accounts state that total resources expended were £1,009,344 against incoming resources of £1,152,730, resulting in a net loss on investments of £1,327,179 which led to a net expenditure for the year. Per the trustees' report, the charity holds significant unrestricted reserves of £16,240,338, supported by investment assets valued at £17,173,745, providing a strong financial position despite market volatility. Its FY2022 accounts were audited by Morris Crocker Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £500 |