THE MERCIAN REGIMENT BENEVOLENT CHARITY
THE CHARITY PROVIDES RELIEF EITHER GENERALLY OR INDIVIDUALLY TO PAST AND PRESENT MEMBERS OF THE REGIMENT OR FORMER REGIMENTS AND THE DEPENDENTS OF SUCH PERSONS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES TO REDUCE THE NEED, HARDSHIP OR STRESS OF SUCH PERSONS.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,944,823, significantly exceeding the stated policy target of £1 million in capital assets. The charity reported a net income increase to £135,958 and a positive net movement in funds of £130,148, driven by investment gains. The trustees confirmed adequate resources for the foreseeable future, indicating a stable financial position.
What the accounts disclose
“The capital assets of the Mercian Benevolent Charity shall not fall below £1m.” — page 5
“The Mercian Regimental Charity (registered charity number 1177059) is a related party by virtue of being governed by the same board of trustees. At the balance sheet date, an amount of £NIL (2023 - £35) was owed to The Mercian Regimental Charity.” — page 21
Trustees
- LT GEN SIR IAN CAVE KCBchair
- BRIG PHILIP KIMBER OBE
- Brig Charles Ginn CBE
- Brig Simon Banton OBE
- COL ADRIAN WALTON MBE
- LT COL ANDREW LAWSON
- LT COL Mark Jackson OBE
- LT COL NEIL MACKINTOSH
- LT COL NEIL PARKINSON OBE
- MAJ MARK BANKS
- MARK ELLIOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £136k | £99k |
| 31/03/2024 | £136k | £91k |
| 31/03/2023 | £123k | £96k |
| 31/03/2022 | £131k | £81k |
| 31/03/2021 | £122k | £73k |
Common questions
Is THE MERCIAN REGIMENT BENEVOLENT CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,944,823, significantly exceeding the stated policy target of £1 million in capital assets. The charity reported a net income increase to £135,958 and a positive net movement in funds of £130,148, driven by investment gains. The trustees confirmed adequate resources for the foreseeable future, indicating a stable financial position. Its FY2024 accounts were independently examined.
Charities like this
- THE MERCIAN REGIMENTAL CHARITY
- PRINCESS OF WALES'S ROYAL REGIMENT (QUEEN'S AND ROYAL HAMPSHIRES) BENEVOLENT FUND
- THE ROYAL YORKSHIRE REGIMENT BENEVOLENT TRUST
- THE ROYAL ANGLIAN REGIMENT BENEVOLENT CHARITY
- THE REGIMENTAL CHARITY OF THE DUKE OF LANCASTER'S REGIMENT (KING'S, LANCASHIRE AND BORDER)
- THE ROYAL YORKSHIRE REGIMENT CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MERCIAN REGIMENT BENEVOLENT CHARITY | £136k | — | 0 | unclear | — | no doubt |
| THE MERCIAN REGIMENTAL CHARITY | £274k | — | 0 | above | — | no doubt |
| PRINCESS OF WALES'S ROYAL REGIMENT (QUEEN'S AND ROYAL HAMPSHIRES) BENEVOLENT FUND | £377k | — | 0 | above | — | no doubt |
| THE ROYAL YORKSHIRE REGIMENT BENEVOLENT TRUST | £184k | — | 0 | unclear | — | no doubt |
| THE ROYAL ANGLIAN REGIMENT BENEVOLENT CHARITY | £679k | — | 0 | above | — | not going concern |
| THE REGIMENTAL CHARITY OF THE DUKE OF LANCASTER'S REGIMENT (KING'S, LANCASHIRE AND BORDER) | £255k | — | 0 | above | — | no doubt |