WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST

Registered charity 1175425 · accounts filings on the Charity Commission register

Education, the relief of poverty and assistance and support for persons who are currently serving or have served in the armed forces of the United Kingdom and their dependents.

Causes: General Charitable Purposes · Education/training · Disability · Armed Forces/emergency Service Efficiency · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£351k
Latest spending
£573k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds decreased to £3,976,199 from £4,197,629 in the prior year, driven by net expenditure exceeding incoming resources. The unrestricted reserves stood at £34,622, which is below the Trustees' stated target of approximately £40,000. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £35k; policy: approximately £40,000)
“At 30 September 2025 the Charity held total funds of £3,976, 199 (2024: £4,197,629) of which £3,941 ,577 (2024: £4,151,593) were restricted and £34,622 (2025: £46,036) were unrestricted. In the General Fund the Trustees aim to meet current and committed expenditure from donation income, whilst maintaining an unrestricted reserves target of approximately £40,000 at all times” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Worshipful Company of Insurers (the ‘Company’) appoints the Trustees of the Worshipful Company of Insurers Charitable Trust. During the year the Company paid staff costs totalling £30,000 (2024: £45,000), grants of £nil (2024: £1,500) and administration costs of £2,400 (2024: £2,400) on behalf of the Charity. The Charity received £nil (2024: £3,600) on behalf of the Company. During the year the Company also received donations in respect of the Charity of £1,150 (2024: £2,048). Balancing repayments to the Company of the net amounts of £36,050 (2024: £46,852) were made by the Charity during the year. At 30 September 2025 £4,800 (2024: £4,800 due to) was due from the Company to the Charity. The Charity received total donations of £3,180 (2024: £3,550) from the Trustees.
“The Worshipful Company of Insurers (the ‘Company’) appoints the Trustees of the Worshipful Company of Insurers Charitable Trust. During the year the Company paid staff costs totalling £30,000 (2024: £45,000), grants of £nil (2024: £1,500) and administration costs of £2,400 (2024: £2,400) on behalf of the Charity. The Charity received £nil (2024: £3,600) on behalf of the Company. During the year the Company also received donations in respect of the Charity of £1,150 (2024: £2,048). Balancing repayments to the Company of the net amounts of £36,050 (2024: £46,852) were made by the Charity during the year. At 30 September 2025 £4,800 (2024: £4,800 due to) was due from the Company to the Charity. The Charity received total donations of £3,180 (2024: £3,550) from the Trustees.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 30/09/2024)

Total income
£3.3m
Total spending
£622k
Cost of raising funds
£7k
Reserves (reported)
£4.2m
Employees
0

Reported reserves equal ~81.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£351k£573k
30/09/2024£3.3m£622k
30/09/2023£190k£407k
30/09/2022£184k£427k
30/09/2021£285k£487k

Common questions

Is WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total funds decreased to £3,976,199 from £4,197,629 in the prior year, driven by net expenditure exceeding incoming resources. The unrestricted reserves stood at £34,622, which is below the Trustees' stated target of approximately £40,000. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ARMED FORCES EDUCATION TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST£351k—0below—no doubt
ARMED FORCES EDUCATION TRUST FY2025£555k—0unclear—no doubt
THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND FY2025£219k—0within—no doubt
CARE AFTER COMBAT FY2025£973k—0unclear—no doubt
ROYAL ARTILLERY CHARITABLE FUND FY2025£1.8m—0above0.6%no doubt
ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST FY2025£730k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.