THE CHARTERED CERTIFIED ACCOUNTANTS BENEVOLENT FUND
The Chartered Certified Accountants' Benevolent Fund provides support to ACCA members and their dependants who are experiencing severe financial difficulties. The support given to beneficiaries ranges from one off payments to longer term support or a loan. ACCA operates in over 170 countries, and the Benevolent Fund's support is available to members worldwide.
Financial health, per its FY2025 accounts
The accounts state that total assets were £5,872,127, with unrestricted reserves of £5,872,127, which the Trustees consider adequate to meet current demands. The charity reported a net income of £368,350 for the year, funded primarily by investment income and donations, while incurring £223,807 in charitable and governance expenditure.
What the accounts disclose
“The Trustees aim to maintain unrestricted funds at a level which equates to a minimum of at least three years’ expenditure” — page 5
“The Association of Chartered Certified Accountants (ACCA) provides staff and facilities free of charge to the charity in order to fulfil its charitable objectives. Additionally, certain administrative costs are borne directly by ACCA.” — page 17
“During the year the Fund received £984 from the unincorporated trust.” — page 17
“The Association of Chartered Certified Accountants (ACCA) provides staff and facilities free of charge to the charity in order to fulfil its charitable objectives. Additionally, certain administrative costs are borne directly by ACCA.” — page 17
“During the year the Fund received £984 from the unincorporated trust.” — page 17
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREW OVERS DOWSETT
- Anthony Gordon Thorne
- CHIKEZIE UZOMA EKEANYANWU
- James Andrew Lloyd-Davies
- Maryam Abisola Adefarati
- NICHOLAS DAVID MCGOWAN
- Pui Ying Tang
- STEPHEN GRIFFITHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £658k | £224k |
| 31/03/2024 | £240k | £148k |
| 31/03/2023 | £231k | £115k |
| 31/03/2022 | £188k | £144k |
| 31/03/2021 | £175k | £81k |
Common questions
Is THE CHARTERED CERTIFIED ACCOUNTANTS BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that total assets were £5,872,127, with unrestricted reserves of £5,872,127, which the Trustees consider adequate to meet current demands. The charity reported a net income of £368,350 for the year, funded primarily by investment income and donations, while incurring £223,807 in charitable and governance expenditure. Its FY2025 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £24k |
Charities like this
- CHARTERED ACCOUNTANTS' BENEVOLENT ASSOCIATION
- CHARTERED ACCOUNTANTS' LIVERY CHARITY
- The Physiotherapy Benevolent Fund
- THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND
- THE CERTIFIED ACCOUNTANTS EDUCATIONAL TRUST
- The British Airways Benevolent Fund
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARTERED CERTIFIED ACCOUNTANTS BENEVOLENT FUND | £658k | — | 0 | unclear | — | no doubt |
| CHARTERED ACCOUNTANTS' BENEVOLENT ASSOCIATION | £5.4m | — | — | unclear | — | no doubt |
| CHARTERED ACCOUNTANTS' LIVERY CHARITY | £318k | — | 0 | unclear | — | no doubt |
| The Physiotherapy Benevolent Fund | £136k | — | 0 | unclear | — | no doubt |
| THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND | £113k | — | 0 | unclear | 24.5% | no doubt |
| THE CERTIFIED ACCOUNTANTS EDUCATIONAL TRUST | £297k | — | 0 | above | — | no doubt |