THE UNDERWOOD TRUST

Registered charity 266164 · accounts filings on the Charity Commission register

The aims of the Charitable Trust are to fund a wide range of activities that will positively impact individuals and the environment. We award a number of grants per annum to organisations that both share these aspirations and have the ability to deliver on their programmes.

Objects

DURING THE LIVES OF THE FOUNDERS TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AS THE FOUNDERS OR THE SURVIVOR OF THEM MAY DIRECT OR IN DEFAULT OF ANY DIRECTION AS THE TRUSTEES AT THEIR UNCONTROLLED DISCRETION DETERMINE. AFTER THE DEATH OF THE SURVIVOR OF THE FOUNDERS FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES AT THEIR UNCONTROLLED DISCRETION DETERMINE HAVING REGARD TO ANY DIRECTIONS OR WISHES EXPRESSED BY THE FOUNDERS IN THEIR LIFETIMES.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Financial health, per its FY2026 accounts

The accounts state that the charity holds substantial expendable endowment reserves of £50,083,838, with unrestricted income funds retained at £Nil. The trustees consider it appropriate that funds continue to be designated as expendable endowment to support long-term sustainability, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by David Owen & Co. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• 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
• Risk management
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Leadership, per the charity’s website

• Richard Bennison — Chairman (source)

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 05/04/2026)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (100% 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: 0.0% of total income — below the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

• BRIONY JANE WILSON
• RICHARD BENNISON

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

Operates in: Antarctica · Haiti · India · Philippines · Throughout England · Ukraine

Income and spending

Common questions

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

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 EARTH TRUST.

• EARTH TRUST income £2.6m
• THE S AND Y CHARITABLE TRUST income £113k
• THE 3 TS CHARITABLE TRUST income £1.5m
• WILDBROOK CHARITABLE TRUST income £27k
• THE INVIGORATE CHARITABLE TRUST income £245k
• URWICK BENEVOLENT LIMITED income £30k

Side by side with its peers

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