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THE MAGIC CIRCLE BENEVOLENT FUND

Registered charity 222408 · accounts filings on the Charity Commission register

To assist present or past members of The Magic Circle in need, their spouses, civil or domestic partners, children and/or dependents, including, for the avoidance of any doubt, those of a deceased member.

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£43k
Latest spending
£1k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £250,007, supported by a net income increase of £77,251. The charity employs no staff and relies on volunteers, with no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £250k; policy: increase reserves to meet any future needs)
“This has not risen in line with inflation over recent years and our policy is to increase reserves to meet any future needs.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Magic Circle, a society in which R.Curtis is a member of the Council, paid expenses and collected donations on behalf of the charitable entity. At the Balance Sheet date the entity owed the net sum of £50,751 (2024: £86,452) to The Magic Circle as shown above, in Note 5.
“During the year The Magic Circle, a society in which R.Curtis is a member of the Council, paid expenses and collected donations on behalf of the charitable entity. At the Balance Sheet date the entity owed the net sum of £50,751 (2024: £86,452) to The Magic Circle as shown above, in Note 5.” — page 10
“The charity received total donations from trustees without conditions amounting to £247 (2024: £nil) in the year.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received total donations from trustees without conditions amounting to £247 (2024: £nil) in the year.
“During the year The Magic Circle, a society in which R.Curtis is a member of the Council, paid expenses and collected donations on behalf of the charitable entity. At the Balance Sheet date the entity owed the net sum of £50,751 (2024: £86,452) to The Magic Circle as shown above, in Note 5.” — page 10
“The charity received total donations from trustees without conditions amounting to £247 (2024: £nil) in the year.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£43k£1k
31/03/2024£4k£776
31/03/2023£5k£13k
31/03/2022£4k£8k
31/03/2021£8k£3k

Common questions

Is THE MAGIC CIRCLE BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £250,007, supported by a net income increase of £77,251. The charity employs no staff and relies on volunteers, with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.