THE BANKERS BENEVOLENT FUND

Registered charity 313080 · accounts filings on the Charity Commission register · also known as THE BANK WORKERS CHARITY

Bank Workers Charity (BWC) is the only occupational benevolent fund for all current and former bank employees working in the UK and their families. The Charity's objects are the prevention and relief of poverty and advancement of health amongst bank employees, their families, children and dependents; advancement of education amongst the children of bank employees

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity incurred an unrestricted deficit of £2.3m for the year, largely due to volatile investment returns, reducing its free reserves to £30.9m. Per the trustees' report, the charity maintains a reserves policy target of a minimum £40m to serve clients for the foreseeable future, meaning current free reserves are below this stated policy target. The trustees consider the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Moore Kingston Smith LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Bankers Benevolent Fund (matched by registered charity number).

Leadership, per the charity’s website

• Jonathan Saverimuttu — CEO (source)
• Heidi Kempster — Chief Operating Officer (source)
• Victoria Prouse — Director of Client Services (source)
• Liina Hultgren — Director of Digital, Data and Development (source)
• Mike Hemingway — Chair of Trustees (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.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~67.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (67% 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: 30.4% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

• Received assets from another charity (17/12/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (18/12/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (24/10/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (26/06/2013) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Michael Thornton Hemingwaychair
• CHARLES FREDERICK COLDICOTT
• Duncan Allan Douglas Stewart
• JASMINE EVE YEO
• Marco Evans
• NATHAN PAUL TOWNSEND
• Nadia Samir Hijazi
• RICHARD PETER WAIT
• Sharon Midwinter
• Suzanne Hughes

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Common questions

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 BT BENEVOLENT FUND.

• BT BENEVOLENT FUND income £1.6m
• The British Airways Benevolent Fund income £120k
• THE STOCK EXCHANGE BENEVOLENT FUND income £773k
• COAL TRADE BENEVOLENT ASSOCIATION income £442k
• THE CIVIL SERVICE BENEVOLENT FUND income £5.6m
• THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND income £1.6m

Side by side with its peers

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