UNITE THE UNION BENEVOLENT FUND

Registered charity 228567 · accounts filings on the Charity Commission register · also known as BANKING INSURANCE AND FINANCE UNION BENEVOLENT FUND, UNIFI BENEVOLENT FUND

THE BENEVOLENT FUND FOR MEMBERS AND STAFF OF UNITE THE UNION.

Objects

(A) TO PROVIDE BENEFITS TO MEMBERS OR EMPLOYEES OR EX-EMPLOYEES OF UNITE THE UNION OR ANY SUCCESSOR UNION (HEREINAFTER REFERRED TO AS "THE UNION") OR THEIR DEPENDANTS, WHO MAY BE IN DISTRESSED CIRCUMSTANCES;(B) TO CONSIDER APPLICATIONS FROM THE PUBLIC WHETHER MEMBERS OF THE UNION OR NOT, AT THE DISCRETION OF THE FUND;(C) TO MAKE MONETARY GRANTS OR DONATIONS OR RENDER OTHER ASSISTANCE TO ANY INSTITUTION OR ASSOCIATION WHICH CAN ALSO RENDER BENEFITS OR ASSISTANCE TO DISTRESSED PERSONS AS MORE SPECIFICALLY REFERRED TO IN CLAUSES (A) OR (B) ABOVE.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · website · Get email alerts

Registered contact address: Camden, London, England (from the postcode on the register)

Latest income
£149k
Latest spending
£204k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets increased to £1,093,511 from £1,062,449 in the prior year, driven by investment growth and retained funds. The trustees report that uncommitted reserves are kept to a minimum and believe liquidity will not be materially affected by current economic conditions. The charity received an unqualified independent examiner's report confirming compliance with accounting records.

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

What the accounts disclose

Largest income source: Investments Sold (39% of income)
“Investments Sold 57,759” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: uncommitted reserves should be kept to a minimum (reserves figure: £1.1m)
“The Trustees are of the opinion that uncommitted reserves should be kept to a minimum.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Unite the Union (management fees) and liability to Unite the Union disclosed.
“Management Fees 6,776” — page 7
“Unite the union (1,000)” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Liability to Unite the Union disclosed in Statement of Assets and Liabilities.
“Management Fees 6,776” — page 7
“Unite the union (1,000)” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/12/2022 (received 21/09/2024, 326 days after the 31/10/2023 due date); year ending 31/12/2021 (received 08/11/2022, 8 days after the 31/10/2022 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

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

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£149k£204k
31/12/2024£184k£201k
31/12/2023£166k£133k
31/12/2022£108k£111k
31/12/2021£191k£165k

Common questions

Is UNITE THE UNION BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that total net assets increased to £1,093,511 from £1,062,449 in the prior year, driven by investment growth and retained funds. The trustees report that uncommitted reserves are kept to a minimum and believe liquidity will not be materially affected by current economic conditions. The charity received an unqualified independent examiner's report confirming compliance with accounting records. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with UNITY LONDON.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
UNITE THE UNION BENEVOLENT FUND£149k——unclear—no doubt
UNITY LONDON FY2025£31k—0unclear—no doubt
UNION FOUNDATION FY2025£1.6m—0unclear—no doubt
UNITEDLIFE FY2025£297k—0unclear—no doubt
BIRMINGHAM VICTORY UNITY CENTRE FY2025£60k—0unclear—no doubt
THE BLUSTON CHARITABLE SETTLEMENT FY2025£900k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.