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Organisation record

The Bankers Benevolent Fund

A Registered Charity based in England

This organisation record is part of a group of linked records that describe a single organisation. The organisation is linked to 2 active records and 1 inactive record, from 2 data sources.

The best identifier for this organisation is GB-CHC-313080 .
What is an organisation identifier?

An organisation identifier is a unique piece of text that definitively identifies an organisation.

Examples include charity numbers and company numbers.

Identifiers are usually assigned by an external body like a regulator.

Findthatcharity uses the Org ID scheme to create identifiers.

GB-CHC gives the scheme for this identifier (Charity Commission), while 313080 is the identifier for this organisation within the scheme.

Description

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

Also known as

  • The Bank Workers Charity
  • The Bankers Benevolent Fund
  • Owen Morris Owen Bequest

CCEW Charity number

313080

Company number

00019366

Registered

Postcode

EC2M 5QQ

Website

bwcharity.org.uk

Domain

bwcharity.org.uk

Latest income

£1,842,700 (on )

This organisation record is based on data from Registered charities in England and Wales published by Charity Commission for England and Wales.

The Bankers Benevolent Fund

GB-CHC-313080

Locations

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Depending on the data source, location may describe the headquarters of the organisation rather than the area it operates in.

Registered Office in the UK

The Bankers Benevolent Fund

GB-CHC-313080

Linked records

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This organisation record is part of a group of linked records that describe a single organisation. The organisation is linked to 2 active records and 1 inactive record, from 2 data sources.

The best identifier for this organisation is GB-CHC-313080 .
What is an organisation identifier?

An organisation identifier is a unique piece of text that definitively identifies an organisation.

Examples include charity numbers and company numbers.

Identifiers are usually assigned by an external body like a regulator.

Findthatcharity uses the Org ID scheme to create identifiers.

GB-CHC gives the scheme for this identifier (Charity Commission), while 313080 is the identifier for this organisation within the scheme.

The Bankers Benevolent Fund (this record)

Organisation record from Charity Commission for England and Wales
Last updated 2024-05-23

The Bankers Benevolent Fund

Organisation record from Companies House
Last updated 2024-05-25

The Bankers Benevolent Fund

GB-CHC-313080

Themes and activities

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This organisation has been classified using different categories:

International Classification of Non-profit and Third Sector Organizations (ICNP/TSO)

ICNP/TSO categories have been automatically assigned from a machine learning model, as part of the UK Charity Classification project.

  • Grant-making foundations H10

UK Charity Activity Tags

These tags are taken from a project to classify all UK charities using a common set of tags. The tags are applied using keyword searching, so may be incorrect for particular cases.

Visit charityclassification.org.uk for more information on the project. If you have any feedback on the classification system or how it has been applied there is a form on the project homepage.

  • Beneficiary group BE » Children BE102
  • Beneficiary group BE » Families BE103
  • Education ED
  • Health HE
  • Social welfare SW » Benevolent Society SW101
  • Social welfare SW » Individual poverty SW105

Theme (CCEW)

  • Education/training 102
  • The Advancement Of Health Or Saving Of Lives 103
  • Disability 104
  • The Prevention Or Relief Of Poverty 105

Beneficiaries (CCEW)

  • Children/young People 201
  • Elderly/old People 202
  • People With Disabilities 203

Activities (CCEW)

  • Makes Grants To Individuals 301
  • Provides Advocacy/advice/information 307
  • Other Charitable Activities 310

Scale of operation

  • National

The Bankers Benevolent Fund

GB-CHC-313080

Charity financial history

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Year ending Income (£) Spending (£)
1962-03-21 Registered as a charity
1997-01-13 Removed
1997-05-13 Registered as a charity
2004-03-31 1,639,901 1,619,425
2005-03-31 1,674,144 1,528,148
2006-03-31 2,102,029 1,538,533
2007-03-31 2,858,245 1,285,489
2008-03-31 2,450,286 1,572,500
2009-03-31 1,340,667 1,943,292
2010-03-31 1,655,537 1,957,377
2011-03-31 1,489,680 2,569,879
2012-03-31 1,469,866 2,517,010
2013-03-31 1,633,640 2,849,446
2014-03-31 1,729,245 2,885,618
2015-03-31 1,255,279 3,232,476
2016-03-31 1,908,083 3,575,579
2017-03-31 1,047,021 4,524,357
2018-03-31 1,690,832 4,405,605
2019-03-31 223,680 4,638,139
2020-03-31 1,917,901 5,192,381
2021-03-31 1,856,612 4,882,739
2022-03-31 2,154,539 5,149,175
2023-03-31 1,842,700 5,382,517
Income and Spending
Funds and Reserves

Data on funds and reserves are only available for financial years where the charity's income was more than £500,000.

The Bankers Benevolent Fund

GB-CHC-313080

Charity people

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2023
£
2022
£
Employees 34 33
Employees paid more than £60,000 7 6
Volunteers - -
Trustees 9
Employees
Volunteers

Data on employees is only available for financial years where the charity's income was more than £500,000.

The Bankers Benevolent Fund

GB-CHC-313080

Statement of Financial Activities

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Statement of financial activities for year ended .

Based on information provided to the Charity Commission for England and Wales in the charity's annual return. This may not exactly match the figures and categories supplied in the charity's annual accounts.

2023
£m
2022
£m
Incoming resources
Donations and other voluntary income 0.3 0.4
Legacies 0.3 0.2
Endowments - -
Donations and legacies 0.6 0.6
Income from charitable activities - -
Income from other trading activities - -
Income from investments 1.3 1.6
Other income - -
Total 1.8 2.2
Expenditure
Investment management 0.5 0.6
Other spending on raising funds 0.1 0.1
Spending on raising funds 0.6 0.7
Grants to institutions - -
Other charitable activities 4.8 4.5
Charitable activities 4.8 4.5
Other spending - -
Total 5.4 5.1
Net income / (expenditure) (3.5) (3.0)

The Bankers Benevolent Fund

GB-CHC-313080

Balance sheet

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Balance sheet at .

Based on information provided to the Charity Commission for England and Wales in the charity's annual return. This may not exactly match the figures and categories supplied in the charity's annual accounts.

2023
£m
2022
£m
Fixed assets
Tangible and intangible assets - 0.0
Investment assets 89.9 92.2
89.9 92.2
Current assets
Current investment assets - -
Cash 0.7 0.7
Other current assets 0.2 0.3
0.9 1.0
Creditors
Amounts falling due within one year (3.5) (0.8)
Net current assets (2.6) 0.2
Total assets less current liabilities 87.3 92.4
Creditors
Amounts falling due after one year - -
Net assets 87.3 92.4
Funds
Endowment funds - 3.2
Restricted funds 51.1 48.6
Unrestricted funds 36.2 40.6
87.3 92.4

The Bankers Benevolent Fund

GB-CHC-313080

Income from government

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According to data returned to the Charity Commission, this charity did not receive income from government grants or contracts in 2023 (the latest year with data available) or 2022.

The Bankers Benevolent Fund

GB-CHC-313080

Data sources

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