THE OVERSEAS SERVICE PENSIONERS BENEVOLENT SOCIETY
To relieve poverty by giving grants to members of the Overseas Service Pensioners' Association who are in need. Other pensioners may be eligible for a grant, at the Committee's discretion, if they are eligible for membership of the Association (see OSPA website).
Objects
TO RELIEVE POVERTY BY GIVING FINANCIAL ASSISTANCE TO 1. PENSIONERS WHO ARE MEMBERS OF THE ASSOCIATION2. IN THE DISCRETION OF THE COMMITTEE:(A) PENSIONERS ELIGIBLE FOR MEMBERSHIP OF THE ASSOCIATION(B) ANY PERSON WHO HAS SERVED IN THE OVERSEAS CIVIL SERVICE(C) ASSOCIATE MEMBERS OF THE ASSOCIATION WHO:(1) WERE APPOINTED OR TRANSFERRED TO STATUTORY CORPORATIONS (PARA-STATALS) IN COLONIAL TERRITORIES ON TERMS AND CONDITIONS COMPARABLE TO PERSONS EMPLOYED DIRECTLY IN HER MAJESTY'S OVERSEAS CIVIL SERVICE OR A SIMILAR OVERSEAS SERVICE;(2) RETIRED BEFORE COMPLETING THE MINIMUM PERIOD REQUIRED TO QUALIFY FOR A PENSION(3) WERE OBLIGED, OR WHO CHOSE, TO HAVE 100% OF THE PENSION COMMUTED TO A LUMP SUM(D) PERSONS WHO HAVE SERVED IN THE LOCAL CIVIL SERVICE OF AN OVERSEAS TERRITORY FOR WHOSE ADMINISTRATION THE BRITISH COLONIAL OFFICE, COMMONWEALTH OFFICE OR FCO WERE RESPONSIBLE(E) THE WIDOW, CHILD OR OTHER DEPENDANT OF A PERSON REFERRED TO IN PARAGRAPHS (I) OR (II) (A) (B) (C) OR (D)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small deficit of £303 for the year ended 31 December 2024, following significant income from bequests that nearly covered total expenditure. Free reserves stood at £49,409, with the trustees noting no reserves policy due to the decreasing number of beneficiaries. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Fiona Casswell
- Thomas Charles Casswell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £38k |
| 31/12/2023 | £6k | £83k |
| 31/12/2022 | £8k | £97k |
| 31/12/2021 | £13k | £103k |
| 31/12/2020 | £69k | £98k |
Common questions
Is THE OVERSEAS SERVICE PENSIONERS BENEVOLENT SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small deficit of £303 for the year ended 31 December 2024, following significant income from bequests that nearly covered total expenditure. Free reserves stood at £49,409, with the trustees noting no reserves policy due to the decreasing number of beneficiaries. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2024 accounts were independently examined.