Army Benevolent Fund
Financial health, per its FY2026 accounts
The accounts state that total income decreased to £13.7m from £38.7m in the prior year, primarily due to a large legacy received previously. Despite a net expenditure of £463k, the charity holds free unrestricted reserves of £104.1m, which is above its stated policy target of £86.6m, indicating strong financial resilience.
What the accounts disclose
“Business interests of one of the trustees donated £12k to the charity (2025: £10k). These donations were received without conditions.”
“During the year ending 31 March 2026, the Charity charged its subsidiary £5k for management fees relating to Soldiers’ Trading Limited’s activities (2025: £5k).”
“Business interests of one of the trustees donated £12k to the charity (2025: £10k). These donations were received without conditions.”
“During the year ending 31 March 2026, the Charity charged its subsidiary £5k for management fees relating to Soldiers’ Trading Limited’s activities (2025: £5k).”
“Business interests of one of the trustees donated £12k to the charity (2025: £10k). These donations were received without conditions.”
“During the year ending 31 March 2026, the Charity charged its subsidiary £5k for management fees relating to Soldiers’ Trading Limited’s activities (2025: £5k).”
“Soldiers’ Trading Limited is a wholly owned subsidiary of the Army Benevolent Fund. Its purpose is to raise money for the Charity through commercial partnerships.” — page 15
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (09/05/2025)
- Received assets from another charity (05/05/2023)
- Received assets from another charity (23/08/2022)
- Received assets from another charity (03/08/2018)
- Received assets from another charity (15/04/2018)
- Received assets from another charity (16/03/2015)
Trustees
- RACHEL SARAH BOOTHchair
- Amanda Metcalfe
- Anna Katherine Lucy Sedgley
- Anthony Craufurd Scott
- Brig Clare Patricia Phillips
- Caitlin Murea Hayden
- DAVID CHARLES GEORGE LONDON
- John Stephen Miller
- Julie White
- Maj Gen Jonathan Edward Alexander Chestnutt
- Mark George Culmer
- ROWENA RUTH FELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £13.7m | £16.9m |
| 31/03/2025 | £38.7m | £16.0m |
| 31/03/2024 | £15.3m | £15.6m |
| 31/03/2023 | £11.4m | £14.7m |
| 31/03/2022 | £11.2m | £13.4m |
Common questions
Is Army Benevolent Fund financially healthy?
The accounts state that total income decreased to £13.7m from £38.7m in the prior year, primarily due to a large legacy received previously. Despite a net expenditure of £463k, the charity holds free unrestricted reserves of £104.1m, which is above its stated policy target of £86.6m, indicating strong financial resilience. Its FY2026 accounts were audited by UHY Hacker Young.
Who funds Army Benevolent Fund?
Funders whose own accounts filings name Army Benevolent Fund as a grant recipient include WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS, THE ARMY DEPENDANTS' TRUST, THE REME CHARITY, P F CHARITABLE TRUST, ROYAL ARTILLERY CHARITABLE FUND.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| THE ARMED FORCES EQUINE CHARITY | 1 | £39k |