BFBS
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £34,992,000, a decrease from the prior year's £35,645,000, driven by a net expenditure that exceeded income. The trustees report that the charity remains well-placed to manage operational risks and has adequate resources to continue as a going concern for at least twelve months, supported by significant investment assets and cash balances.
What the accounts disclose
“The Charity’s policy is to maintain reserves at a level sufficient to ensure that there is no major disruption to our services for beneficiaries in the event of unforeseen increases in expenditure or reductions in income” — page 19
“An amount of £1,163 for expenses (2024: £1,154) was reimbursed to 4 Trustees (2024: 2). The nature of the expenses was travel and subsistence.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANTHONY JOHN RIX
- Darren Raymond Long
- David Charles Moody
- HOWARD STEPHEN PERLIN
- Helen Louise Depree
- Julie Anne Wheals
- MAJOR GENERAL CHRISTOPHER COLIN WILSON
- MR TONY HALES
- Niall MacGinnis
- Richard Fogden
- Vanella Jane Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32.3m | £33.4m |
| 31/03/2024 | £32.0m | £32.2m |
| 31/03/2023 | £29.3m | £31.0m |
| 31/03/2022 | £28.8m | £30.0m |
| 31/03/2021 | £27.6m | £28.1m |
Common questions
Is BFBS financially healthy?
The accounts state that total unrestricted reserves stood at £34,992,000, a decrease from the prior year's £35,645,000, driven by a net expenditure that exceeded income. The trustees report that the charity remains well-placed to manage operational risks and has adequate resources to continue as a going concern for at least twelve months, supported by significant investment assets and cash balances. Its FY2025 accounts were audited by Blick Rothenberg Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARMY DEPENDANTS' TRUST | 1 | £2.5m |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | £1.1m |
| THE REME CHARITY | 1 | £178k |
| ROYAL ARTILLERY CHARITABLE FUND | 1 | £159k |
| THE RIFLES BENEVOLENT TRUST | 1 | £120k |
| P F CHARITABLE TRUST | 1 | £80k |
| THE ROYAL WELSH REGIMENTAL WELFARE AND BENEVOLENCE FOUNDATION | 1 | £69k |
| THE W A HANDLEY CHARITY TRUST | 1 | £48k |