BENEFACT 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.
Objects
1. TO PROMOTE THE CHRISTIAN RELIGION. 2. TO CONTRIBUTE TO THE FUNDS OF ANY CHARITABLE INSTITUTIONS ASSOCIATIONS FUNDS OR OBJECTS AND TO CARRY OUT ANY CHARITABLE PURPOSE.
Financial health, per its FY2025 accounts
The accounts state that the Trust's total net income fell to £5.0 million in 2025, primarily due to a decrease in donations from its trading subsidiary, BG plc. However, the Trust holds £28.0 million in unrestricted reserves, which exceeds its stated policy target of £14.9 million, and the trustees confirm that the group has adequate available resources to continue its charitable activities.
What the accounts disclose
“Total income fell to £30.3 million in 2025 (2024: £39.0 million), largely due to a £9.0 million decrease in the donation from BG, which reduced to £24.0 million (2024: £33.0 million).” — page 25
“Based on these factors, the trustees have determined that reserves should be maintained at a level sufficient to cover six months of forecast cash outflows.” — page 27
“We were grateful to receive £3.0 million from the EEF, a linked charity for which the Trust is sole trustee.”
“We were also grateful to receive a £2.3 million donation from Methodist Insurance PLC”
“We were grateful to receive £3.0 million from the EEF, a linked charity for which the Trust is sole trustee.”
“We were also grateful to receive a £2.3 million donation from Methodist Insurance PLC”
“We were grateful to receive £3.0 million from the EEF, a linked charity for which the Trust is sole trustee.”
“We were also grateful to receive a £2.3 million donation from Methodist Insurance PLC”
“The 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
Policies the charity declares
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Trustee benefits, answered Yes to: any trustee benefit
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Trustee benefits, answered Yes to: any trustee benefit
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Trustee benefits, answered Yes to: any trustee benefit
- Has a trading subsidiary
- Grant-making is its main activity
Funders the charity credits
- Benefact Group
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (22/04/2025)
Trustees
- David Charles Hendersonchair
- Caroline Coombs
- DAVID SCOTT PATERSON
- Denise Cockrem
- Ian Moore
- John Nicholas Sykes
- Patrick Rudden
- Rev Paul Harold DAVIS
- Sarah Romilly Denner-Brown
- Sir Stephen Mark Jeffery Lamport
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £33.3m | £29.1m |
| 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 |
Common questions
Is BENEFACT TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's total net income fell to £5.0 million in 2025, primarily due to a decrease in donations from its trading subsidiary, BG plc. However, the Trust holds £28.0 million in unrestricted reserves, which exceeds its stated policy target of £14.9 million, and the trustees confirm that the group has adequate available resources to continue its charitable activities. Its FY2025 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 MARY PORTSEA, PORTSMOUTH, THE DERBY DIOCESAN BOARD OF FINANCE LIMITED, QUORN BAPTIST CHURCH, CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEW'S, WORTHING.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SERVANTS OF THE WORD TRUST | 1 | £33k |
| THE K.P LADD CHARITABLE TRUST | 1 | £4k |
Charities like this
- THE BRITWELL TRUST
- ALAN BOSWELL GROUP CHARITABLE TRUST
- THE ANTIOCH COMMUNITY TRUST
- ADF INTERNATIONAL (UK)
- THE TEN CHARITABLE TRUST
- T. A. G. TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BENEFACT TRUST LIMITED | £33.3m | — | — | above | — | no doubt |
| THE BRITWELL TRUST | £37k | — | — | unclear | — | no doubt |
| ALAN BOSWELL GROUP CHARITABLE TRUST | £652k | — | 0 | above | — | no doubt |
| THE ANTIOCH COMMUNITY TRUST | £165k | — | 0 | unclear | — | no doubt |
| ADF INTERNATIONAL (UK) | £1.5m | — | — | unclear | — | no doubt |
| THE TEN CHARITABLE TRUST | £589k | — | 0 | above | — | no doubt |