ROYAL TANK REGIMENT BENEVOLENT FUND
As per Trust Deed
Objects
1. THE RELIEF OF PERSONS WHO ARE:A) IN NEED, HARDSHIP OR DISTRESS; ANDB) ARE EITHERI) MEMBERS OR FORMER MEMBERS OF THE REGIMENT; ORII) FORMER MEMBERS OF THE FORMER CORPS; ORIII) DEPENDANTS OF THE PERSONS IDENTIFIED IN SUB CLAUSE (I) AND (II) ABOVE.2. TO PROMOTE THE EFFICIENCY OF THE ROYAL TANK REGIMENT THROUGH THE EDUCATION AND TRAINING OF SERVING MEMBERS OF THE REGIMENT.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is secure, with total funds increasing to £5,377,416 from £5,203,304 in the prior year. Free reserves rose significantly to £228,985, meeting the trustees' policy target of maintaining unrestricted funds equivalent to approximately 12 months of unrestricted expenditure. The charity relies on donations, legacies, and investment income to fund its benevolent activities and support costs.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds at a level which equate to approximately 12 months unrestricted expenditure.” — page 4
“Material transactions consisted of a £4,000 grant (2024 - £4,000) paid to the Royal Tank Regiment Publications in the year and the payment of grants totalling £40,441 (2024 - £20,000) to the Colonel Commandants Fund (CCF) and a grant of £Nil (2024:£Nil) received from CCF.” — page 17
“Material transactions consisted of a £4,000 grant (2024 - £4,000) paid to the Royal Tank Regiment Publications in the year and the payment of grants totalling £40,441 (2024 - £20,000) to the Colonel Commandants Fund (CCF) and a grant of £Nil (2024:£Nil) received from CCF.” — page 17
“Material transactions consisted of a £4,000 grant (2024 - £4,000) paid to the Royal Tank Regiment Publications in the year and the payment of grants totalling £40,441 (2024 - £20,000) to the Colonel Commandants Fund (CCF) and a grant of £Nil (2024:£Nil) received from CCF.” — page 17
“Material transactions consisted of a £4,000 grant (2024 - £4,000) paid to the Royal Tank Regiment Publications in the year and the payment of grants totalling £40,441 (2024 - £20,000) to the Colonel Commandants Fund (CCF) and a grant of £Nil (2024:£Nil) received from CCF.” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Brigadier Nicholas James Cowey MBE
- JONATHAN DAVID LEONARD FERMAN MBE
- SIMON PAUL WORTH OBE
- Simon Andrew Ridgway OBE
- THOMAS LLOYD-JUKES
- TIMOTHY DAVID HOW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £624k | £404k |
| 31/03/2024 | £152k | £236k |
| 31/03/2023 | £160k | £226k |
| 31/03/2022 | £339k | £173k |
| 31/03/2021 | £109k | £115k |
Common questions
Is ROYAL TANK REGIMENT BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is secure, with total funds increasing to £5,377,416 from £5,203,304 in the prior year. Free reserves rose significantly to £228,985, meeting the trustees' policy target of maintaining unrestricted funds equivalent to approximately 12 months of unrestricted expenditure. The charity relies on donations, legacies, and investment income to fund its benevolent activities and support costs. Its FY2025 accounts were independently examined.