BC TRUST
Latest income
£2.9m
Latest spending
£3.6m
Registered
2014
Charity Commission inquiry
The inquiry was opened after HMRC found 105 charities had cashed cheques worth £22 million with a specific company. The regulator has extended the inquiry to include 12 additional charities and issued orders to temporarily stop them from issuing cheques without consent.
“Following an unannounced visit by HMRC to a company in Hackney, 105 charities were found to have cashed cheques with it to a value of £22 million between December 2021 and March 2023.”
“Using powers available to the Commission during an inquiry, the regulator will determine the facts around how these charities have transferred funds.”
Per the Commission’s published report. Summary is automated; the official report is authoritative.
Structured financials (annual return, FY ending 31/01/2025)
Total income
£2.9m
Total spending
£3.6m
Cost of raising funds
£114k
Reserves (reported)
£1.1m
Employees
0
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £2.9m | £3.6m |
| 31/01/2024 | £2.9m | £3.6m |
| 31/01/2023 | £2.9m | £3.6m |
| 31/01/2022 | £1.4m | £1.1m |
| 31/01/2021 | £1.4m | £1.1m |
Common questions
Who funds BC TRUST?
Funders whose own accounts filings name BC TRUST as a grant recipient include MAYFAIR CHARITIES LIMITED, THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION, HURDALE CHARITY LIMITED, CHASDEI ESTHER.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | FY2023 | £1.1m |
| THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION | FY2025 | £123k |
| HURDALE CHARITY LIMITED | FY2025 | £100k |
| HURDALE CHARITY LIMITED | FY2023 | £50k |
| CHASDEI ESTHER | FY2024 | £21k |
| CHASDEI ESTHER | FY2023 | £15k |