BALTIC EXCHANGE CHARITABLE FOUNDATION — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: CIO
Registered: 18 June 2018
Removed: Not supplied
Financial period: 1 January 2024 – 31 December 2024
Latest income: £341,540
Latest expenditure: £337,038
Gift Aid: No
Owns or uses land: Yes
In administration: No
Insolvent: No
CIO: Yes

Public contact address: PO Box 6311, NEWBURY, RG14 9RF

02 Activities

What the charity does

The relief of persons in need who fall withing the definition of potential beneficiarieslife members of the former Baltic Exchange Charitable Society and their familypersons who are or have been employed by the Baltic Exchangesuch other persons who are or have been engaged in maritime activitiesand who are in need as a result of financial hardship, age, illness or disability.

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 September 2025
Date Accounts Received: 23 September 2025
Total Gross Income: £341,540
Total Gross Expenditure: £337,038

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: 31 October 2024
Date Accounts Received: 31 October 2024
Total Gross Income: £289,669
Total Gross Expenditure: £284,841

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 June 2024
Date Accounts Received: 27 June 2024
Total Gross Income: £241,554
Total Gross Expenditure: £346,927

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: 26 June 2024
Date Accounts Received: 26 June 2024
Total Gross Income: £9,939,783
Total Gross Expenditure: £214,418

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: 29 October 2021
Date Accounts Received: 29 October 2021
Total Gross Income: £0
Total Gross Expenditure: £0

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 September 2025
Total Gross Income: £341,540
Total Gross Expenditure: £337,038
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: 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: 31 October 2024
Total Gross Income: £289,669
Total Gross Expenditure: £284,841
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 1

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 June 2024
Total Gross Income: £241,554
Total Gross Expenditure: £346,927
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: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
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: 26 June 2024
Total Gross Income: £9,939,783
Total Gross Expenditure: £214,418
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: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
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: 29 October 2021
Total Gross Income: £0
Total Gross Expenditure: £0
Charity Raises Funds From Public: No
Grant Making Is Main Activity: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

05 Official extract

Charity Annual Return Partb

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: 26 June 2024
Income Donations And Legacies: 190
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 180185
Income Other: 9759408
Income Total Income And Endowments: 9939783
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £40,227
Expenditure Charitable Expenditure: £174,191
Expenditure Other: 0
Expenditure Total: 214418
Expenditure Investment Management: 40227
Expenditure Grants Institution: 61981
Expenditure Governance: 63877
Expenditure Support Costs: 32728
Expenditure Depreciation: 0
Gain Loss Investment: 565079
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £408,113
Assets Total Fixed: 9029705
Assets Own Use: 0
Assets Long Term Investment: 9029705
Defined Benefit Pension Scheme: 0
Assets Other Assets: £1,444,271
Assets Total Liabilities: £183,532
Assets Current Investment: 0
Assets Total Assets And Liabilities: £10,290,444
Creditors One Year Total Current: 168532
Creditors Falling Due After One Year: 15000
Assets Cash: £1,041,691
Funds Endowment: 932061
Funds Unrestricted: 2608026
Funds Restricted: 6750357
Funds Total: 10290444
Count Employees: 0
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

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

Geographic Area Type: Country
Geographic Area Description: Scotland
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Europe
Welsh Ind: No

07 Official extract

Charity Classification

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

Classification Code: 105
Classification Type: What
Classification Description: The Prevention Or Relief Of Poverty

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

Classification Code: 301
Classification Type: How
Classification Description: Makes Grants To Individuals

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

Classification Code: 206
Classification Type: Who
Classification Description: Other Defined Groups

Classification Code: 310
Classification Type: How
Classification Description: Other Charitable Activities

Classification Code: 117
Classification Type: What
Classification Description: Other Charitable Purposes

Classification Code: 207
Classification Type: Who
Classification Description: The General Public/mankind

Classification Code: 303
Classification Type: How
Classification Description: Provides Other Finance

08 Official extract

Charity Event History

Charity Name: BALTIC EXCHANGE CHARITABLE FOUNDATION
Charity Event Order: 5
Event Type: Asset transfer in
Date Of Event: 2025-09-11T00:00:00
Reason: Funds transferred (incor)
Assoc Organisation Number: 277093
Assoc Registered Charity Number: 277093
Assoc Charity Name: THE BALTIC EXCHANGE CHARITABLE SOCIETY

Charity Name: BALTIC EXCHANGE CHARITABLE FOUNDATION
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2024-10-17T00:00:00
Reason: Funds transferred (gi)
Assoc Organisation Number: 213348
Assoc Registered Charity Number: 213348
Assoc Charity Name: THE LONDON SHIPOWNERS' AND SHIPBROKERS' BENEVOLENT SOCIETY

Charity Name: BALTIC EXCHANGE CHARITABLE FOUNDATION
Charity Event Order: 3
Event Type: Asset transfer in
Date Of Event: 2024-10-30T00:00:00
Reason: Funds transferred (incor)
Assoc Organisation Number: 4044129
Assoc Registered Charity Number: 279194
Assoc Charity Name: THE BONNO KRULL FUND

Charity Name: BALTIC EXCHANGE CHARITABLE FOUNDATION
Charity Event Order: 4
Event Type: Asset transfer in
Date Of Event: 2024-10-30T00:00:00
Reason: Funds transferred (incor)
Assoc Organisation Number: 279194
Assoc Registered Charity Number: 279194
Assoc Charity Name: THE BALTIC CHARITABLE FUND

Charity Name: BALTIC EXCHANGE CHARITABLE FOUNDATION
Charity Event Order: 1
Event Type: CIO registration
Date Of Event: 2018-06-18T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: CIO - FOUNDATION Registered 18 Jun 2018
Charitable Objects: 3.1 THE RELIEF OF PERSONS IN NEED WHO FALL WITHIN THE DEFINITION OF POTENTIAL BENEFICIARIES BELOW BY THE PROVISION OF FUNDS, RESOURCES, EQUIPMENT OR OTHER SUPPORT FOR THEIR PERSONAL NEEDS. IN THIS CLAUSE 3.1 ‘POTENTIAL BENEFICIARIES’ MEANS:-(A) LIFE MEMBERS OF THE FORMER BALTIC EXCHANGE CHARITABLE SOCIETY (RCN: 277093) AND THEIR SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, ISSUE OR OTHER DEPENDANTS; (B) PERSONS WHO ARE, OR HAVE BEEN, EMPLOYEES OF THE BALTIC EXCHANGE; AND(C) SUCH OTHER PERSONS WHO ARE, OR HAVE BEEN ENGAGED IN MARITIME ACTIVITIES INCLUDING THEIR SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, ISSUE OR OTHER DEPENDANTS;AND WHO ARE IN NEED AS A RESULT OF FINANCIAL HARDSHIP, AGE, PHYSICAL OR MENTAL ILLNESS OR DISABILITY.3.2 SUCH PURPOSES AND OBJECTS BEING CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE CHARITY TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.

10 Official extract

Charity Policy

Policy Name: Trustee expenses policy and procedures

Policy Name: Financial reserves policy and procedures

Policy Name: Complaints handling

Policy Name: Risk management

Policy Name: Conflicting interests

Policy Name: Internal risk management policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Investment

Policy Name: Paying staff

Policy Name: Investing charity funds policy and procedures