SOLICITORS BENEVOLENT ASSOCIATION LIMITED
Financial health, per its FY2024 accounts
The accounts state that total income was £1,648,036 while total expenditure was £2,360,667, resulting in a net expenditure before investment gains of (£712,631). Per the trustees' report, the charity utilized reserves to meet increased demand as expenditure exceeded in-year income, though total net assets decreased only slightly to £25,913,682 following significant investment gains of £517,348.
What the accounts disclose
“CCLA were appointed as investment managers in January 2022. Their management fees are deducted at source.” — page 48
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ingrid Stephanie Boycechair
- Andrew Wauchope
- Audrey Ludwig
- Edel Smith
- Ejike Ndaji
- Eugene Paschal Farrell
- James Brennan
- Rachel Anne Nir
- Rebecca Litherland
- Reem Hasan
- Robert Roy Banner
- Rory Mark OKeeffe
- Simon Robert Dinnick
- VIRGINIA SALTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £2.4m |
| 31/12/2023 | £1.5m | £2.0m |
| 31/12/2022 | £2.2m | £2.1m |
| 31/12/2021 | £1.5m | £1.9m |
| 31/12/2020 | £1.2m | £2.1m |
Common questions
Is SOLICITORS BENEVOLENT ASSOCIATION LIMITED financially healthy?
The accounts state that total income was £1,648,036 while total expenditure was £2,360,667, resulting in a net expenditure before investment gains of (£712,631). Per the trustees' report, the charity utilized reserves to meet increased demand as expenditure exceeded in-year income, though total net assets decreased only slightly to £25,913,682 following significant investment gains of £517,348. Its FY2024 accounts were audited by Cooper Parry Group Limited.
Who funds SOLICITORS BENEVOLENT ASSOCIATION LIMITED?
Funders whose own accounts filings name SOLICITORS BENEVOLENT ASSOCIATION LIMITED as a grant recipient include MILLS AND REEVE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | FY2024 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| THE COMPANY OF CHARTERED ARCHITECTS CHARITABLE TRUST FUND | 1 | £673k |
| CSIS CHARITY FUND | 1 | £190k |
| THE THALES CHARITABLE TRUST | 1 | £156k |
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £17k |
| UNSEEN (UK) | 1 | £15k |
| EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST | 1 | £12k |
| G F EYRE CHARITABLE TRUST | 1 | £800 |