BMA CHARITIES TRUST FUND
Latest income
£167k
Latest spending
£294k
Registered
1963
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity's assets and staff were transferred to a new Charitable Incorporated Organisation in November 2025, resulting in nil reserves at year-end. The trustees report that the charity cannot be considered a going concern as it is closing, although its activities will continue within the new entity.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“Total funds held by the Charity at the end of the accounting period were nil as the assets had been transferred to BMA Charities (see notes 21 and 22).” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Accordingly, this charity is not a going concern.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The BMA Charities Trust Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £7,500 as were the accommodation not provided the Charity would rent equivalent accommodation of this cost elsewhere.
“The BMA Charities Trust Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £7,500 as were the accommodation not provided the Charity would rent equivalent accommodation of this cost elsewhere. The BMA has also donated £8,500 to the Hastings Fund (2024- £10,000 to the Medical Education Fund). The Dain Fund and the Charities Trust Fund share the cost of two employees whose salaries are apportioned across the two charities at an agreed percentage based on a fixed estimate of time spent on each charity's affairs. During the year the Charities Trust Fund had five trustees who are also trustees of the Dain Fund (2024:5). No donations were made by the Dain Fund during the year (2024 - nil) The charity is required to disclose key management salaries. There are two shared employees of the charity, as outlined above, and their remuneration is detailed in note 12 and in the Dain Fund accounts. At the balance sheet date the Dain Fund owed the Charities Trust Fund £nil (2024 - £5,664) under this arrangement. There were no further transactions with trustees aside from reimbursed expenses disclosed in note 9 and insurance in note 10. On the 7th of November a merger agreement transferred the assets and liabilities of the charity totalling £6,713,531, to BMA Charities 1214904.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2025).
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2025).
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £167k | £294k |
| 31/12/2024 | £311k | £300k |
| 31/12/2023 | £226k | £228k |
| 31/12/2022 | £209k | £223k |
| 31/12/2021 | £472k | £319k |
Common questions
Is BMA CHARITIES TRUST FUND financially healthy?
The accounts state that the charity's assets and staff were transferred to a new Charitable Incorporated Organisation in November 2025, resulting in nil reserves at year-end. The trustees report that the charity cannot be considered a going concern as it is closing, although its activities will continue within the new entity. Its FY2025 accounts were audited by Begbies.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MYR CHARITABLE TRUST | 1 | £30k |
| C AND F CHARITABLE TRUST | 1 | £6k |