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BENESCO CHARITY LIMITED

Registered charity 269181 · accounts filings on the Charity Commission register · also known as BENESCO LIMITED

Generating income from property and other investments in order to make grants to various registered charities including but not exclusively in the fields of medicine, education and welfare.

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

Latest income
£7.6m
Latest spending
£4.8m
Registered
1970
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £34,054,654 for the year, resulting in a decrease in total net assets from £187.7 million to £153.6 million. Unrestricted reserves fell to £3,878,530, while the majority of assets (£149.75 million) are held in designated investment properties. The trustees confirm sufficient resources exist to continue operations for at least twelve months.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: match expenditure to incoming resources over the medium term (held: £3.9m)
“The directors’ current policy is to match expenditure to incoming resources over the medium term.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: A director received £40,000 remuneration for consultancy services.
“A director was remunerated £40,000 (2022: £40,000) in respect of consultancy services during the year.” — page 24
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: A director was remunerated £40,000 in respect of consultancy services.
“A director was remunerated £40,000 (2022: £40,000) in respect of consultancy services during the year.” — page 24
“During the year, £15,200,000 (2022: £23,400,000) was donated to the charitable company’s ultimate holding organisation, The Charles Wolfson Charitable Trust.” — page 24
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations made to The Charles Wolfson Charitable Trust, the ultimate holding organisation.
“A director was remunerated £40,000 (2022: £40,000) in respect of consultancy services during the year.” — page 24
“During the year, £15,200,000 (2022: £23,400,000) was donated to the charitable company’s ultimate holding organisation, The Charles Wolfson Charitable Trust.” — page 24
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Loans/Investments in Soza Health Limited, where a director is a non-executive director.
“A director was remunerated £40,000 (2022: £40,000) in respect of consultancy services during the year.” — page 24
“During the year, £15,200,000 (2022: £23,400,000) was donated to the charitable company’s ultimate holding organisation, The Charles Wolfson Charitable Trust.” — page 24
Per its FY2023 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

11 registered titles in England and Wales held by the charity’s company or corporate body (11 freehold); recorded price paid £28.6m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£7.6m
Total spending
£4.8m
Cost of raising funds
£1.7m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (99% 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: 21.8% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

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
05/04/2025£7.6m£4.8m
05/04/2024£7.1m£7.9m
05/04/2023£7.4m£17.5m
05/04/2022£8.1m£27.3m
05/04/2021£9.8m£7.5m

Common questions

Is BENESCO CHARITY LIMITED financially healthy?

Per its FY2023 accounts: The accounts state that the charity reported a net deficit of £34,054,654 for the year, resulting in a decrease in total net assets from £187.7 million to £153.6 million. Unrestricted reserves fell to £3,878,530, while the majority of assets (£149.75 million) are held in designated investment properties. The trustees confirm sufficient resources exist to continue operations for at least twelve months. Its FY2023 accounts were audited by BDO LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MW (HO) FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BENESCO CHARITY LIMITED£7.6m—0unclear—no doubt
MW (HO) FOUNDATION FY2024£207k—0unclear—no doubt
NES FOUNDATION LTD FY2024£684k—0unclear—no doubt
SELLATA LIMITED FY2026£158k—0above—no doubt
THE CHARLES WOLFSON CHARITABLE TRUST FY2025£3.5m—0unclear—no doubt
INCORPORATED CHURCH INSTITUTE, UPPER TOOTING FY2025£145k—0unclear—no doubt

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