THE TIMBER TRADES' BENEVOLENT SOCIETY
The object of the Society is to grant relief, by way of Allowance or otherwise and either directly or indirectly, to deserving and necessitous members of the Timber Trade in the United Kingdom, in such of its branches as the Trustees consider properly belong to the Timber Trade, and to widows and children of such members.
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?
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. Its FY2025 accounts were audited by Burgis & Bullock.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 2 | £20k |
| THE LORD FARINGDON CHARITABLE TRUST | 2 | £10k |
| THE ALA GREEN CHARITABLE TRUST | 1 | £602k |
| THE JANUS FOUNDATION | 1 | £135k |
| CSIS CHARITY FUND | 1 | £85k |
| THE CHARTLEY FOUNDATION | 1 | £73k |
| THE NORTHWICK TRUST | 1 | £32k |
| Community Foundation for Staffordshire and Shropshire | 1 | £31k |
Charities like this
- THE FOOTWEAR BENEVOLENT SOCIETY
- WOODLAND HERITAGE LIMITED
- THE USEFUL WOOD COMPANY
- THE ROYAL FORESTRY SOCIETY
- SMALL WOODS ASSOCIATION
- BT BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TIMBER TRADES' BENEVOLENT SOCIETY | £222k | — | 0 | above | — | no doubt |
| THE FOOTWEAR BENEVOLENT SOCIETY | £129k | — | 0 | unclear | — | no doubt |
| WOODLAND HERITAGE LIMITED | £1.5m | — | 0 | unclear | — | material uncertainty |
| THE USEFUL WOOD COMPANY | £349k | — | 0 | unclear | — | no doubt |
| THE ROYAL FORESTRY SOCIETY | £1.0m | — | — | below | — | no doubt |
| SMALL WOODS ASSOCIATION | £1.7m | — | 0 | unclear | — | no doubt |