BESTOBELL-MEGGITT WELFARE TRUST
Relief of hardship, financial need or sickness of qualifying employees, pensioners & their dependants.
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
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.