THE DAIN FUND

Registered charity 313108 · accounts filings on the Charity Commission register

The Fund provides grants to support medical doctors' children only. Most grants are for education expenses and are made when an unexpected financial crisis occurs in the family or the family is on a low income. It can help children in the state and private sectors and university students. The Fund is also able to assist when children have disability needs.

Objects

TO ASSIST TOWARDS THE COST OF THE EDUCATION, CLOTHING AND MAINTENANCE OF SONS OR DAUGHTERS OF ANY MEMBERS OF THE MEDICAL PROFESSION WHO, IN THE OPINION OF THE TRUSTEES ARE IN NEED OF SUCH ASSISTANCE.

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£55k
Latest spending
£39k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves totalled £1,453,176, which is above the charity's stated policy target of approximately one year’s operating expenditure. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total assets less current liabilities of £2,436,178.

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

What the accounts disclose

Reserves policy: approximately one year’s operating expenditure (held: £1.5m)
“It is the policy of the Charity that it should hold unrestricted reserve cash funds at a level which equates to approximately one year’s operating expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Free use of office accommodation from the BMA valued at £2,500.
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Shared employee costs with BMA Charities Trust Fund.
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharged IT costs of £925 from BMA Charities Trust Fund.
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees of BMA Charities Trust Fund are also trustees of The Dain Fund.
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee insurance purchased for the benefit of trustees.
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Register events

Trustees · trustee networks

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

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

Income and spending

Financial year endIncomeSpending
31/12/2025£55k£39k
31/12/2024£62k£52k
31/12/2023£60k£45k
31/12/2022£109k£44k
31/12/2021£60k£45k

Common questions

Is THE DAIN FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £1,453,176, which is above the charity's stated policy target of approximately one year’s operating expenditure. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total assets less current liabilities of £2,436,178. Its FY2025 accounts were independently examined.