THE ROYAL INSTITUTION OF CHARTERED SURVEYORS' BENEVOLENT FUND LIMITED

Registered charity 261245 · accounts filings on the Charity Commission register · also known as LIONHEART

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Latest income
£1.8m
Latest spending
£2.1m
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £274k for the year ended 31 March 2025, a significant improvement from the £795k deficit in the prior year. Free reserves stood at £1,882k, which the trustees confirmed were at the target level intended to cover 12 months of budgeted expenditure. Despite the operating loss, the charity maintained substantial net assets of £26,362k, including £24,976k in managed investments.

What the accounts disclose

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.8m
Total spending
£2.1m
Cost of raising funds
£138k
Reserves (reported)
£1.9m
Employees
27

Reported reserves equal ~10.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Canada · France · Ghana · Hong Kong · Ireland · Malaysia · Netherlands · Scotland · South Africa · Sri Lanka · Switzerland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.8m£2.1m
31/03/2024£1.7m£2.5m
31/03/2023£2.1m£2.2m
31/03/2022£2.0m£2.1m
31/03/2021£3.0m£1.9m

Common questions

Is THE ROYAL INSTITUTION OF CHARTERED SURVEYORS' BENEVOLENT FUND LIMITED financially healthy?

The accounts state that the charity reported an operating deficit of £274k for the year ended 31 March 2025, a significant improvement from the £795k deficit in the prior year. Free reserves stood at £1,882k, which the trustees confirmed were at the target level intended to cover 12 months of budgeted expenditure. Despite the operating loss, the charity maintained substantial net assets of £26,362k, including £24,976k in managed investments. Its FY2025 accounts were audited by Crowe U.K. LLP.