TALLOW CHANDLERS BENEVOLENT FUND NO 2

Registered charity 246255 · accounts filings on the Charity Commission register · also known as CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF TALLOW CHANDLERS, TALLOW CHANDLERS BENEVOLENT FUND, TALLOW CHANDLERS COMPANY BENEVOLENT FUND

The Charity's principal aim is to provide relevant, focused support and giving for the benefit of disadvantaged young people mainly in the Greater London area, to encourage them to succeed in life. This support is primarily provided through education. It supports charities and charitable organisations that provide public benefit by providing donations, bursaries, and scholarships.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Arts/culture/heritage/science · Environment/conservation/heritage · Armed Forces/emergency Service Efficiency · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£721k
Latest spending
£613k
Registered
1966
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that total net assets increased to £13,679,940, driven by a significant £2,057,763 gain on investments. The charity holds substantial unrestricted designated funds of £13,677,100, which the trustees consider sufficient to cover expected income and expenditure for the next 12 months, confirming a strong going concern position.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Worshipful Company of Tallow Chandlers
“During the year the charity received a notional donation in kind of £183,513 (2025 - £196,694) which represents the value of the expenditure borne by The Worshipful Company of Tallow Chandlers in providing support services to the Tallow Chandlers Benevolent Fund No 2.” — page 34
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Tallow Chandlers Benevolent Fund No 2 (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £1.4m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 05/04/2026)

Total income
£721k
Total spending
£613k
Cost of raising funds
£73k
Reserves (reported)
£13.7m
Employees
0

Per its annual return, largest income source: Investments (50% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.1% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: City Of London

Income and spending

Financial year endIncomeSpending
05/04/2026£721k£613k
05/04/2025£773k£599k
05/04/2024£757k£1.1m
05/04/2023£913k£619k
05/04/2022£1.0m£1.1m

Common questions

Is TALLOW CHANDLERS BENEVOLENT FUND NO 2 financially healthy?

Per its FY2026 accounts: The accounts state that total net assets increased to £13,679,940, driven by a significant £2,057,763 gain on investments. The charity holds substantial unrestricted designated funds of £13,677,100, which the trustees consider sufficient to cover expected income and expenditure for the next 12 months, confirming a strong going concern position. Its FY2026 accounts were audited by Kreston Reeves Audit LLP.

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 THE LANCASHIRE FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TALLOW CHANDLERS BENEVOLENT FUND NO 2£721k—0unclear—no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt
Ashton Community Charity FY2026£51k—0unclear—no doubt
THE EDUCATCH CHARITY FY2025£804k—0above—no doubt
HOGARTH CHARITABLE TRUST COMPANY LIMITED FY2025£279k—0below—no doubt
CHONYI WISDOM CHARITY FY2025£279k—0above—no doubt

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