THE BENEVOLENT FUND OF THE WORSHIPFUL COMPANY OF BAKERS
Relief of necessitous Liverymen or Freemen of the Company, widows, orphans or dependents of Liverymen or Freemen of the Company and persons who have been employed by the Company. Making of grants, donations or subscriptions to any fund for charitable purposes in the City of London. Other charitable purposes beneficial to the community not included in the foregoing.
Objects
(A) RELIEF OF NECESSITOUS LIVERYMEN OR FREEMEN OF THE WORSHIPFUL COMPANY OF BAKERS OR THEIR DEPENDANTS. (B) RELIEF OF RECESSITOUS EMPLOYEES OF THE COMPANY OR THEIR DEPENDANTS. (C) GENERAL CHARITABLE PURPOSES IN THE CITY OF LONDON OR ELSEWHERE. (D) OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £65,365 for the year, resulting in a decrease in total net assets from £2,701,061 to £2,687,914. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. Free reserves stood at £2,560,315, while the stated reserves policy guideline focuses on distributing 100% of annual income generated.
What the accounts disclose
“The Trustees’ policy is to maintain the reserves of the charity with a guideline of distributing 100% of the annual income generated.” — page 5
“The Worshipful Company of Bakers provided services to the Charity during the year, for which the fee was £12,000 (2024: Nil).”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Funders the charity credits
- The Association of Bakery Ingredient Manufacturers (ABIM)
Trustees
- ANDREW BEALE
- Alison Springett
- Maxwell Elvidge
- Russell Chweidan
- WILLIAM JAMES MARLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £85k | £151k |
| 31/12/2024 | £98k | £118k |
| 31/12/2023 | £159k | £92k |
| 31/12/2022 | £154k | £125k |
| 31/12/2021 | £78k | £81k |
Common questions
Is THE BENEVOLENT FUND OF THE WORSHIPFUL COMPANY OF BAKERS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £65,365 for the year, resulting in a decrease in total net assets from £2,701,061 to £2,687,914. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. Free reserves stood at £2,560,315, while the stated reserves policy guideline focuses on distributing 100% of annual income generated. Its FY2025 accounts were independently examined.
Charities like this
- THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND
- THE WORSHIPFUL COMPANY OF BUTCHERS GENERAL CHARITIES
- THE WORSHIPFUL COMPANY OF LAUNDERERS BENEVOLENT TRUST FUND
- THE WORSHIPFUL COMPANY OF BUTCHERS EDUCATION CHARITY
- CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS
- WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BENEVOLENT FUND OF THE WORSHIPFUL COMPANY OF BAKERS | £85k | — | — | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND | £89k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUTCHERS GENERAL CHARITIES | £64k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF LAUNDERERS BENEVOLENT TRUST FUND | £36k | — | 0 | above | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUTCHERS EDUCATION CHARITY | £46k | — | 0 | unclear | — | no doubt |
| CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS | £99k | — | 0 | within | — | no doubt |