BESTOBELL-MEGGITT WELFARE TRUST
Relief of hardship, financial need or sickness of qualifying employees, pensioners & their dependants.
Objects
THE RELIEF OF HARDSHIP, FINANCIAL NEED OR SICKNESS OF THE BENEFICIARIES (AS DEFINED IN THE DEED DATED 28TH JANUARY 1982).
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased significantly from £3,010,800 to £1,138,344 due to large capital donations and grant expenditures exceeding investment income. The trustees and auditors confirm that assets are adequate to fulfill obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The directors of the Trustee company have established a policy whereby the unrestricted funds held by the charity are maintained in order to generate net income annually which is then expended in line with the charity's aims.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest 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
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2022 (received 31/01/2024, 92 days after the 31/10/2023 due date).
Trustees
- BESTOBELL FOUNDERS WELFARE TRUST LTD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £48k | £2.1m |
| 31/12/2024 | £93k | £29k |
| 31/12/2023 | £79k | £104k |
| 31/12/2022 | £76k | £162k |
| 31/12/2021 | £124k | £2.9m |
Common questions
Is BESTOBELL-MEGGITT WELFARE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased significantly from £3,010,800 to £1,138,344 due to large capital donations and grant expenditures exceeding investment income. The trustees and auditors confirm that assets are adequate to fulfill obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Westcotts (SW) LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COMET CHARITIES LTD | 1 | £97k |
| CSIS CHARITY FUND | 1 | £60k |
| KMB ESTATES | 1 | £10k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £5k |
| STAHL MEMORIAL LIMITED | 1 | £2k |
Charities like this
- BOURNEMOUTH WESTMINSTER CHARITABLE TRUST
- THE A M CHARITABLE TRUST
- THE WOODWARD CHARITABLE TRUST
- SOCIAL WORKERS BENEVOLENT TRUST
- THE MICHAEL AND BETTY LITTLE TRUST
- SPURRELL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BESTOBELL-MEGGITT WELFARE TRUST | £48k | — | 0 | above | — | no doubt |
| BOURNEMOUTH WESTMINSTER CHARITABLE TRUST | £27k | — | 0 | unclear | — | no doubt |
| THE A M CHARITABLE TRUST | £157k | — | 0 | unclear | — | no doubt |
| THE WOODWARD CHARITABLE TRUST | £245k | — | 0 | unclear | — | no doubt |
| SOCIAL WORKERS BENEVOLENT TRUST | £96k | — | 0 | unclear | — | no doubt |
| THE MICHAEL AND BETTY LITTLE TRUST | £32k | — | 0 | unclear | — | no doubt |