BENEFACT TRUST LIMITED — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 3 May 1972
Removed: Not supplied
Company number supplied: 01043742
Financial period: 1 January 2024 – 31 December 2024
Latest income: £48,900,216
Latest expenditure: £27,498,510
Gift Aid: No
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: Benefact House, 2000 Pioneer Avenue, Gloucester Business Park, Brockworth, GLOUCESTER, GL3 4AW

Website recorded by the regulator: https://benefacttrust.co.uk/ (displayed as text)

02 Activities

What the charity does

The objects of ATL are to promote the Christian Religion, to contribute to the funds of any charitable institutions, associations, funds or objects and to carry out any charitable purpose.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 October 2025
Date Annual Return Received: 23 October 2025
Date Accounts Received: 23 October 2025
Total Gross Income: £48,900,216
Total Gross Expenditure: £27,498,510

Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 October 2024
Date Annual Return Received: 25 October 2024
Date Accounts Received: 25 October 2024
Total Gross Income: £21,738,735
Total Gross Expenditure: £25,333,388

Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 October 2023
Date Annual Return Received: 27 October 2023
Date Accounts Received: 27 October 2023
Total Gross Income: £465,841,000
Total Gross Expenditure: £446,821,000

Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 October 2022
Date Annual Return Received: 31 October 2022
Date Accounts Received: 31 October 2022
Total Gross Income: £425,717,000
Total Gross Expenditure: £442,236,000

Fin Period Start Date: 1 January 2020
Fin Period End Date: 31 December 2020
Ar Cycle Reference: AR20
Reporting Due Date: 31 October 2021
Date Annual Return Received: 28 October 2021
Date Accounts Received: 28 October 2021
Total Gross Income: £6,322,000
Total Gross Expenditure: £24,680,000

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR24
Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Due Date: 31 October 2025
Ar Received Date: 23 October 2025
Total Gross Income: £48,900,216
Total Gross Expenditure: £27,498,510
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR23
Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Due Date: 31 October 2024
Ar Received Date: 25 October 2024
Total Gross Income: £21,738,735
Total Gross Expenditure: £25,333,388
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR22
Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Due Date: 31 October 2023
Ar Received Date: 27 October 2023
Total Gross Income: £465,841,000
Total Gross Expenditure: £446,821,000
Charity Raises Funds From Public: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 150001 200000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR21
Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Due Date: 31 October 2022
Ar Received Date: 31 October 2022
Total Gross Income: £425,717,000
Total Gross Expenditure: £442,236,000
Charity Raises Funds From Public: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 70001 80000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR20
Fin Period Start Date: 1 January 2020
Fin Period End Date: 31 December 2020
Ar Due Date: 31 October 2021
Ar Received Date: 28 October 2021
Total Gross Income: £6,322,000
Total Gross Expenditure: £24,680,000
Charity Raises Funds From Public: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 70001 80000: 1
Count Volunteers: 0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR24
Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Due Date: 31 October 2025
Ar Received Date: 23 October 2025
Income Donations And Legacies: 13129606
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 35770610
Income Other: 0
Income Total Income And Endowments: 48900216
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £427,243
Expenditure Charitable Expenditure: £27,071,267
Expenditure Other: 0
Expenditure Total: 27498510
Expenditure Investment Management: 415494
Expenditure Grants Institution: 25358249
Expenditure Governance: 248000
Expenditure Support Costs: 1208000
Expenditure Depreciation: 0
Gain Loss Investment: 10001199
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £25,938,892
Assets Total Fixed: 118605332
Assets Own Use: 0
Assets Long Term Investment: 118605332
Defined Benefit Pension Scheme: 0
Assets Other Assets: £34,137,063
Assets Total Liabilities: £7,591,010
Assets Current Investment: 0
Assets Total Assets And Liabilities: £145,151,385
Creditors One Year Total Current: 5916241
Creditors Falling Due After One Year: 1674769
Assets Cash: £34,007,946
Funds Endowment: 119212494
Funds Unrestricted: 25938891
Funds Restricted: 0
Funds Total: 145151385
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR23
Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Due Date: 31 October 2024
Ar Received Date: 25 October 2024
Income Donations And Legacies: 4826276
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 16912459
Income Other: 0
Income Total Income And Endowments: 21738735
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £346,697
Expenditure Charitable Expenditure: £24,986,691
Expenditure Other: 0
Expenditure Total: 25333388
Expenditure Investment Management: 346697
Expenditure Grants Institution: 23447325
Expenditure Governance: 299845
Expenditure Support Costs: 1093593
Expenditure Depreciation: 0
Gain Loss Investment: 7258341
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £6,696,783
Assets Total Fixed: 114090472
Assets Own Use: 0
Assets Long Term Investment: 114090472
Defined Benefit Pension Scheme: 0
Assets Other Assets: £16,073,451
Assets Total Liabilities: £6,370,562
Assets Current Investment: 0
Assets Total Assets And Liabilities: £123,793,361
Creditors One Year Total Current: 4963525
Creditors Falling Due After One Year: 1407037
Assets Cash: £15,908,286
Funds Endowment: 117096578
Funds Unrestricted: 6696783
Funds Restricted: 0
Funds Total: 123793361
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR22
Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Due Date: 31 October 2023
Ar Received Date: 27 October 2023
Income Donations And Legacies: 5000000
Income Other Trading Activities: 428487000
Income Charitable Activities: 0
Income Investments: 37354000
Income Other: 0
Income Total Income And Endowments: 470841000
Income Legacies: 0
Income Endowments: 5000000
Expenditure Raising Funds: £356,000
Expenditure Charitable Expenditure: £26,632,000
Expenditure Other: 419833000
Expenditure Total: 446821000
Expenditure Investment Management: 356000
Expenditure Grants Institution: 25551000
Expenditure Governance: 390000
Expenditure Support Costs: 954000
Expenditure Depreciation: 3483000
Gain Loss Investment: -62577000
Gain Loss Pension Fund: -6876000
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 29603000
Reserves: £13,663,000
Assets Total Fixed: 1760051000
Assets Own Use: 47080000
Assets Long Term Investment: 1712971000
Defined Benefit Pension Scheme: 15338000
Assets Other Assets: £741,682,000
Assets Total Liabilities: £1,770,237,000
Assets Current Investment: 0
Assets Total Assets And Liabilities: £746,834,000
Creditors One Year Total Current: 170062000
Creditors Falling Due After One Year: 1600175000
Assets Cash: £166,096,000
Funds Endowment: 110556000
Funds Unrestricted: 534463000
Funds Restricted: 101815000
Funds Total: 746834000
Count Employees: 0
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR21
Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Due Date: 31 October 2022
Ar Received Date: 31 October 2022
Income Donations And Legacies: 3500000
Income Other Trading Activities: 385342000
Income Charitable Activities: 0
Income Investments: 36875000
Income Other: 0
Income Total Income And Endowments: 425717000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £370,000
Expenditure Charitable Expenditure: £22,579,000
Expenditure Other: 419287000
Expenditure Total: 442236000
Expenditure Investment Management: 370000
Expenditure Grants Institution: 21877000
Expenditure Governance: 114000
Expenditure Support Costs: 630000
Expenditure Depreciation: 3426000
Gain Loss Investment: 81647000
Gain Loss Pension Fund: 41260000
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: -17778000
Reserves: £20,958,000
Assets Total Fixed: 1452772000
Assets Own Use: 48240000
Assets Long Term Investment: 1404532000
Defined Benefit Pension Scheme: 24579000
Assets Other Assets: £664,097,000
Assets Total Liabilities: £1,381,384,000
Assets Current Investment: 0
Assets Total Assets And Liabilities: £760,064,000
Creditors One Year Total Current: 146467000
Creditors Falling Due After One Year: 1234917000
Assets Cash: £174,779,000
Funds Endowment: 115827000
Funds Unrestricted: 542422000
Funds Restricted: 101815000
Funds Total: 760064000
Count Employees: 0
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR20
Fin Period Start Date: 1 January 2020
Fin Period End Date: 31 December 2020
Ar Due Date: 31 October 2021
Ar Received Date: 28 October 2021
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 3083000
Income Other: 3239000
Income Total Income And Endowments: 6322000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £375,000
Expenditure Charitable Expenditure: £23,311,000
Expenditure Other: 994000
Expenditure Total: 24680000
Expenditure Investment Management: 375000
Expenditure Grants Institution: 0
Expenditure Governance: 312000
Expenditure Support Costs: 697000
Expenditure Depreciation: 0
Gain Loss Investment: -44386000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: -44386000
Gain Loss Other: 0
Reserves: £12,531,000
Assets Total Fixed: 542588000
Assets Own Use: 0
Assets Long Term Investment: 542588000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £17,394,000
Assets Total Liabilities: £3,937,000
Assets Current Investment: 2000000
Assets Total Assets And Liabilities: £556,045,000
Creditors One Year Total Current: 2643000
Creditors Falling Due After One Year: 1294000
Assets Cash: £15,079,000
Funds Endowment: 104089000
Funds Unrestricted: 451956000
Funds Restricted: 0
Funds Total: 556045000
Count Employees: 0
Consolidated Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Region
Geographic Area Description: Throughout England And Wales
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 203
Classification Type: Who
Classification Description: People With Disabilities

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 202
Classification Type: Who
Classification Description: Elderly/old People

Classification Code: 302
Classification Type: How
Classification Description: Makes Grants To Organisations

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 101
Classification Type: What
Classification Description: General Charitable Purposes

Classification Code: 104
Classification Type: What
Classification Description: Disability

Classification Code: 205
Classification Type: Who
Classification Description: Other Charities Or Voluntary Bodies

Classification Code: 112
Classification Type: What
Classification Description: Environment/conservation/heritage

Classification Code: 113
Classification Type: What
Classification Description: Economic/community Development/employment

Classification Code: 108
Classification Type: What
Classification Description: Religious Activities

08 Official extract

Charity Event History

Charity Name: BENEFACT TRUST LIMITED
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2025-04-22T00:00:00
Reason: Removed by application
Assoc Organisation Number: 5206111
Assoc Registered Charity Number: 1201936
Assoc Charity Name: GROWING HOPE GATESHEAD

Charity Name: BENEFACT TRUST LIMITED
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 1972-05-03T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 24TH FEBRUARY 1972 AS AMENDED BY SPECIAL RESOLUTION 26 JULY 2007 AND SPECIAL RESOLUTION 16 JULY 2009NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 08/07/2015 as amended on 15 Jul 2021 as amended on 03 Mar 2022
Charitable Objects: 1. TO PROMOTE THE CHRISTIAN RELIGION. 2. TO CONTRIBUTE TO THE FUNDS OF ANY CHARITABLE INSTITUTIONS ASSOCIATIONS FUNDS OR OBJECTS AND TO CARRY OUT ANY CHARITABLE PURPOSE.
Area Of Benefit: NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id: 238486
Charity Name Type: Previous name
Charity Name: ALLCHURCHES TRUST LIMITED

11 Official extract

Charity Policy

Policy Name: Safeguarding policy and procedures

Policy Name: Trustee expenses policy and procedures

Policy Name: Conflicting interests

Policy Name: Engaging external speakers at charity events policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Financial reserves policy and procedures

Policy Name: Complaints handling

Policy Name: Serious incident reporting policy and procedures

Policy Name: Investment

Policy Name: Risk management

Policy Name: Investing charity funds policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Complaints policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Campaigns and political activity policy and procedures

Policy Name: Internal risk management policy and procedures

Policy Name: Paying staff