THE BANKERS BENEVOLENT FUND

Active
Company number 00019366Private company limited by guaranteeIncorporated 1884

Key figures

£89,541,696-2.4%
Net assets 2024/25
-2.4%
Average annual change 2023/24–2024/25
025 m50 m75 m100 m2023/242024/25

† THE BANKERS BENEVOLENT FUND filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 88100

Where the company stands among the 6,167 active companies whose first SIC code is 88100 (Social work activities without accommodation for the elderly and disabled).

Turnover£2,502,296
Higher than 76% · median £433,334 among 252 that publish turnover
Net assets£89,541,696
Higher than 99% · median £16,740
Total assets£90,636,623
Higher than 99% · median £72,701
Cash£3,091,510
Higher than 99% · median £45,911
Employees38
Higher than 82% · median 4
Company age142.8 years
Older than 99% · median 6.0 years
Largest in this sector by net assets
  1. THE BANKERS BENEVOLENT FUND£89.5m
  2. MIDSHIRES CARE LIMITED£69.2m
  3. COMFORT CALL LIMITED£42.8m
  4. DELAPAGE LIMITED£32.1m
  5. ARCHITECTS BENEVOLENT SOCIETY£29.6m
  6. DEMENTIA UK£25.3m
  7. THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND£24.6m
  8. PREMIER CARE LIMITED£18.2m
  9. THE ASSOCIATION OF JEWISH REFUGEES (AJR)£17m
  10. CHOICES HOMECARE (HOLDINGS) LIMITED£10.3m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 6,167. The line on each bar marks the median.

Summary: THE BANKERS BENEVOLENT FUND

What kind of company is it?

THE BANKERS BENEVOLENT FUND is a private company limited by guarantee registered with Companies House under company number 00019366. It was incorporated on 30 Jan 1884. Its status is active. The registered office is in London (EC3A). Its nature of business (SIC 2007) is social work activities without accommodation for the elderly and disabled (88100), other social work activities without accommodation n.e.c. (88990).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files group accounts. Turnover was £2,502,296. Net assets were £89,541,696, down 2.4% on the previous year. Cash at bank and in hand was £3,091,510. Total assets were £90,636,623 and total liabilities £888,203. The company had an average of 38 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 6,167 active companies whose first SIC code is 88100: By turnover it ranks higher than 76% of the 252 that publish turnover (median £433,334). By net assets it ranks higher than 99% of them (median £16,740). By total assets it ranks higher than 99% of them (median £72,701). By cash it ranks higher than 99% of them (median £45,911). By number of employees it ranks higher than 82% of them (median 4). It is older than 99% of them (median age 6.0 years).

What do public registers and reports show?

It is a registered charity (number 313080) with a latest reported income of £2.5m.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 20 Aug 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover2,324,0092,502,296
Cash at bank and in hand678,4953,091,510
Total assets92,689,01590,636,623
Total liabilities663,079888,203
Net assets / total equity91,779,51489,541,696
Average number of employees—38

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Registers and licences

Registered charityNo. 313080
Registered with the Charity Commission
21 Mar 1962
Income, year to 31 Mar 2025
£2.5m
Spending
£5.5m

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 dependent…

View on the register of charities

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0.

History

3 events
  1. Financial year 2024/25 endedAccounts: turnover £2.5m, net assets £89.5m, 38 employees
  2. Financial year 2023/24 endedAccounts: turnover £2.3m, net assets £91.8m
  3. Company incorporatedPrivate company limited by guarantee

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.