THE COUTTS STAFF BENEVOLENT TRUST
For the relief of any person who at any time is or has been employed by the Bank and who is poor, the relief of any poor spouse, widow, widower, child, orphan, relative or dependant of any person who at any time has been employed by the Bank and such other charitable bodies as the Trustees shall from time to time decide
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £120,023 at the end of the reporting period, with a policy to maintain reserves for future needs and contingencies. The trustees confirmed there were no funds in deficit and no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“No trustee received any remuneration nor reimbursed any expenses in the year under review.”
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.”
“During the year under review TLT LLP, the trustee of the charity, were paid fees for the provision of administrative services amounting to £4,580. These fees are authorised under clause 11 of the trust deed.”
“During the year under review TLT LLP, the trustee of the charity, were paid fees for the provision of administrative services amounting to £4,580. These fees are authorised under clause 11 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £30k | £14k |
| 05/04/2024 | £23k | £15k |
| 05/04/2023 | £33k | £15k |
| 05/04/2022 | £17k | £12k |
| 05/04/2021 | £15k | £19k |
Common questions
Is THE COUTTS STAFF BENEVOLENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £120,023 at the end of the reporting period, with a policy to maintain reserves for future needs and contingencies. The trustees confirmed there were no funds in deficit and no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.