THE TIMBER TRADES' BENEVOLENT SOCIETY
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,956,384, which the Trustees consider necessary to fund future distributions and ensure the long-term future of the charity. The charity reported a net movement in funds of £399,387, driven by significant net gains on investments, resulting in a healthy financial position with no material uncertainties regarding going concern.
What the accounts disclose
“It is the policy of the TTBS that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Trustees
- Anthony Shelton
- Henry John Taylor
- Paul Snape
- RICHARD DEREK BAGNALL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £222k | £289k |
| 31/12/2024 | £222k | £321k |
| 31/12/2023 | £218k | £341k |
| 31/12/2022 | £208k | £312k |
| 31/12/2021 | £171k | £277k |
Common questions
Is THE TIMBER TRADES' BENEVOLENT SOCIETY financially healthy?
The accounts state that unrestricted reserves stood at £3,956,384, which the Trustees consider necessary to fund future distributions and ensure the long-term future of the charity. The charity reported a net movement in funds of £399,387, driven by significant net gains on investments, resulting in a healthy financial position with no material uncertainties regarding going concern. Its FY2025 accounts were audited by Burgis & Bullock.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMPANY OF CHARTERED ARCHITECTS CHARITABLE TRUST FUND | 1 | £673k |
| THE NORTHWICK TRUST | 1 | £22k |
| CHAPMAN CHARITABLE TRUST | 1 | £2k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £2k |