TALLOW CHANDLERS BENEVOLENT FUND NO 2
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.
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.
What the accounts disclose
“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
Property (HM Land Registry)
Structured financials (annual return, FY ending 05/04/2026)
Trustees
- Tallow Chandlers Company
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £15k |
| THE ASDA FOUNDATION | 1 | £15k |
| THE ANTON JURGENS CHARITABLE TRUST | 1 | £8k |
| THE VALENTINE CHARITABLE TRUST | 1 | £8k |
| TALBOT VILLAGE TRUST | 1 | £5k |
| THE WOODWARD CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE LANCASHIRE FOUNDATION
- Ashton Community Charity
- THE EDUCATCH CHARITY
- HOGARTH CHARITABLE TRUST COMPANY LIMITED
- CHONYI WISDOM CHARITY
- ST. NICHOLAS' EDUCATIONAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | £721k | — | 0 | unclear | — | no doubt |
| THE LANCASHIRE FOUNDATION | £956k | — | 0 | above | — | no doubt |
| Ashton Community Charity | £51k | — | 0 | unclear | — | no doubt |
| THE EDUCATCH CHARITY | £804k | — | 0 | above | — | no doubt |
| HOGARTH CHARITABLE TRUST COMPANY LIMITED | £279k | — | 0 | below | — | no doubt |
| CHONYI WISDOM CHARITY | £279k | — | 0 | above | — | no doubt |