BENEFACT TRUST LIMITED

Registered charity 263960 · accounts filings on the Charity Commission register · also known as ALLCHURCHES TRUST LIMITED

The objects of ATL are to promote the Christian Religion, to contribute to the funds of any charitable institutions, associations, funds or objects and to carry out any charitable purpose.

Causes: Disability · General Charitable Purposes · Education/training · Religious Activities · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£48.9m
Latest spending
£27.5m
Registered
1972
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total net income increased to £21.4m, resulting in a surplus compared to the prior year's net expenditure. The charity holds unrestricted reserves of £25.9m, which exceeds its stated policy target of £11.5m (six months of forecast cash outflows). The group reported a recognisable net pension asset of £17.6m, indicating no defined benefit deficit.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months forecast cash outflows (held: £25.9m)
“The trustees have determined that the level of reserves that the Trust should hold in its unrestricted funds, in the form of cash and readily realisable assets, should be sufficient to cover six months forecast cash outflows. Target reserves at 31 December 2024 were £11.5m.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Benefact Group plc
“The Trust received donations totalling £33.0m from the Benefact Group during the year, of which £8.0m was in respect of 2023 performance.”
“The Trust also received a £2.8m donation from Methodist Insurance PLC which will support the Methodist Grants programme.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Methodist Insurance PLC
“The Trust received donations totalling £33.0m from the Benefact Group during the year, of which £8.0m was in respect of 2023 performance.”
“The Trust also received a £2.8m donation from Methodist Insurance PLC which will support the Methodist Grants programme.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Expendable Endowment Fund (EEF)
“The Trust received donations totalling £33.0m from the Benefact Group during the year, of which £8.0m was in respect of 2023 performance.”
“The Trust also received a £2.8m donation from Methodist Insurance PLC which will support the Methodist Grants programme.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Staff employed by subsidiary
“The Trust received donations totalling £33.0m from the Benefact Group during the year, of which £8.0m was in respect of 2023 performance.”
“The Trust also received a £2.8m donation from Methodist Insurance PLC which will support the Methodist Grants programme.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Benefact Group plc, Ecclesiastical Insurance Office public limited company, Benefact Broking & Advisory Holdings Limited, EdenTree Holdings Limited, Ansvar Insurance Limited, Access Underwriting Limited
“Benefact Trust is the owner of Benefact Group plc (BG plc) which in turn owns Ecclesiastical Insurance Office public limited company (EIO plc), Benefact Broking & Advisory Holdings Limited and EdenTree Holdings Limited.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook (2,989 followers) · instagram (426 followers)

Structured financials (annual return, FY ending 31/12/2024)

Total income
£48.9m
Total spending
£27.5m
Cost of raising funds
£427k
Reserves (reported)
£25.9m
Employees
0

Reported reserves equal ~11.3 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (73% 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: 0.9% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£48.9m£27.5m
31/12/2023£21.7m£25.3m
31/12/2022£465.8m£446.8m
31/12/2021£425.7m£442.2m
31/12/2020£6.3m£24.7m

Common questions

Is BENEFACT TRUST LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that total net income increased to £21.4m, resulting in a surplus compared to the prior year's net expenditure. The charity holds unrestricted reserves of £25.9m, which exceeds its stated policy target of £11.5m (six months of forecast cash outflows). The group reported a recognisable net pension asset of £17.6m, indicating no defined benefit deficit. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.

Who funds BENEFACT TRUST LIMITED?

Funders whose own accounts filings name BENEFACT TRUST LIMITED as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.WILFRID, GRAPPENHALL, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY PORTSEA, PORTSMOUTH, THE DERBY DIOCESAN BOARD OF FINANCE LIMITED, QUORN BAPTIST CHURCH, CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.WILFRID, GRAPPENHALLFY2025£25.5mGrant received by St Wilfrid's (Note: The text states St Wilfrid's was *granted* permission and funded *by* a grant *by* Benefact Trust. Benefact Trust is the d
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY PORTSEA, PORTSMOUTHFY2021£379kSt Mary's Church Portsea Music Foundation
THE DERBY DIOCESAN BOARD OF FINANCE LIMITEDFY2024£102kBenefact Trust annual distribution
QUORN BAPTIST CHURCHFY2025£54kNew Building
CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIOFY2022£25kannual grant
CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIOFY2023£25kannual grant
CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIOFY2024£22kannual grant
CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIOFY2023£20kfor the lighting project
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEW'S, WORTHINGFY2021£10kGrant received by the charity (not paid out). The text states: 'Having received a £10,100 grant from Allchurches Trust...'
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARK, KENSAL RISEFY2025£10kGrant received (Income), not paid out. Excluded.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ABBEY WITH ST JAMES, BATHFY2025£10kGrant
THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF WEST HORSLEY,SURREYFY2025£9kRepair & restoration of the De Berners window
HABITAT FOR HUMANITY GREAT BRITAINFY2023£8kAdvocacy
UNSEEN (UK)FY2025£5kGeneral/Founder of the Year Award recognition
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH NORTH WEST SWINDON AND LYDIARD MILLICENTFY2024£5kNave Roof Repair
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST PAUL WITH ST LUKE, NEWPORT PAGNELLFY2025£4kRe-ordering Project
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST PAUL WITH ST LUKE, NEWPORT PAGNELLFY2024£4kRe-ordering Project
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST PAUL WITH ST LUKE, NEWPORT PAGNELLFY2023£4kRe-ordering Project
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, LINDLEY, HUDDERSFIELDFY2025£3k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, LINDLEY, HUDDERSFIELDFY2024£3k
SKC ChurchFY2024£3kTowards the Car Park
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TAVERHAMFY2024£3kBuilding Projects
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WULFRAM, GRANTHAMFY2025£2kMental Health First Aid training (Brighter Lives programme)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, ROPLEY, WINCHESTERFY2025£2kGrant received, not made. Excluded.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LITTLEHAM CUM EXMOUTHFY2024£2kReturn of unspent grant to Benefact Trust (Refugee Support Fund)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LITTLEHAM CUM EXMOUTHFY2025£2kMission and Growth (School Chaplaincy)
MOSAIC CHURCH LIMITEDFY2024£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE MINSTER CHURCH OF ST JOHN THE BAPTIST HALIFAXFY2022£1krepairing the driveway in front of Causey Hall

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 NPT Transatlantic Limited.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BENEFACT TRUST LIMITED£48.9m——unclear—no doubt
NPT Transatlantic Limited FY2025£84.3m——unclear—no doubt
NATLAS TRUST FY2025£153k—0above—no doubt
CHILTERN CHURCH FY2025£276k—0unclear—no doubt
THE CORNERSTONE CHURCH GROUP FY2025£226k—0unclear—no doubt
HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD) FY2024£1.2m—0unclear—no doubt

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