NUFFIELD TRUST FOR THE FORCES OF THE CROWN
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £45,957,174, derived from an investment portfolio valued at £47,744,088. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, noting that the portfolio generated a net gain of £3,686,270 during the year.
What the accounts disclose
“The Trust had one employee (2024: one) during the year. The employee received employee benefits of more than £60,000.”
“The Trust had one employee (2024: one) during the year. The employee received employee benefits of more than £60,000.”
“Sir David Steel is Patron of The Boleh Trust, which was allocated a grant of £30,000 for 2025 and a further £25,000 for 2026.” — page 25
“John Chatfeild-Roberts is employed by Jupiter Asset Management and is also a minority shareholder of Jupiter Fund Management plc - the ultimate parent. Jupiter Asset Management were joint investment managers of the Trust during 2025 and 2024.” — page 25
“Sir David Steel is Patron of The Boleh Trust, which was allocated a grant of £30,000 for 2025 and a further £25,000 for 2026.” — page 25
“John Chatfeild-Roberts is employed by Jupiter Asset Management and is also a minority shareholder of Jupiter Fund Management plc - the ultimate parent. Jupiter Asset Management were joint investment managers of the Trust during 2025 and 2024.” — page 25
“Sir David Steel is Patron of The Boleh Trust, which was allocated a grant of £30,000 for 2025 and a further £25,000 for 2026.” — page 25
“John Chatfeild-Roberts is employed by Jupiter Asset Management and is also a minority shareholder of Jupiter Fund Management plc - the ultimate parent. Jupiter Asset Management were joint investment managers of the Trust during 2025 and 2024.” — page 25
Year-over-year changes
- Employees paid over £60,000: 0 (FY2022) → 1 (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Lord Arbuthnotchair
- Air Marshal Sir Baz North KCB OBE
- John Chatfeild-Roberts
- Lord Christopher Geidt GCBGCVOOBE
- Sir Tyrone Richard Urch KBE
- Vice Admiral Sir Martin Connell KCB CBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.4m | £4.6m |
| 31/12/2024 | £1.1m | £2.1m |
| 31/12/2023 | £1.1m | £2.0m |
| 31/12/2022 | £622k | £2.2m |
| 31/12/2021 | £5.9m | £3.4m |
Common questions
Is NUFFIELD TRUST FOR THE FORCES OF THE CROWN financially healthy?
The accounts state that the charity holds unrestricted reserves of £45,957,174, derived from an investment portfolio valued at £47,744,088. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, noting that the portfolio generated a net gain of £3,686,270 during the year. Its FY2025 accounts were audited by Pitt Godden & Taylor LLP.
What does the highest-paid employee of NUFFIELD TRUST FOR THE FORCES OF THE CROWN earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £28k |
| Army Benevolent Fund | 1 | £20k |
| THE ARMY CENTRAL FUND | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £500 |