COAL TRADE BENEVOLENT ASSOCIATION
The provision of relief for former non manual employees in the coal industry, their widows and where appropriate their families.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £4,030,830, driven by a significant rise in investment returns. However, the charity reported negative free reserves of £51,873, a position the Trustees attribute to the adoption of SORP (FRS 102) accounting policies rather than a lack of liquidity. The Trustees remain confident in the charity's ability to continue operating, citing adequate resources and investment income to meet commitments.
What the accounts disclose
“The Trustees policy is to maintain a level of reserves sufficient to provide the maintenance of income flows for the Charity's continuing activities and adequate funds to cover routine management and administration costs.” — page 8
Trustees
- John Malcolm Collins
- Julian Martin
- Keith Anthony Leigh
- Philip Edward Garner
- THOMAS JOHN ALLCHURCH
- Wendy June Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £442k | £446k |
| 31/12/2024 | £174k | £496k |
| 31/12/2023 | £187k | £465k |
| 31/12/2022 | £161k | £459k |
| 31/12/2021 | £200k | £378k |
Common questions
Is COAL TRADE BENEVOLENT ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £4,030,830, driven by a significant rise in investment returns. However, the charity reported negative free reserves of £51,873, a position the Trustees attribute to the adoption of SORP (FRS 102) accounting policies rather than a lack of liquidity. The Trustees remain confident in the charity's ability to continue operating, citing adequate resources and investment income to meet commitments. Its FY2025 accounts were audited by Goodman Jones LLP.