UNITE THE UIYIOTrI BENEVOLEIYT FUND
CHARITY NUMBER: 228567
REPORT AND AccouNfs FOR THE YEAR ENDED
31 DECEMBER 2024

UNITE THE UNION BENEVOLENT FUND
YEAR TO 31 DECEMBER 2024
INDEX
Pages 1-2
Trustees Annual Report
Page 3
Re¢eipls and Payments Account
Page 4
Statement of Assets and Liabilities
Page 5
Independent Ex8miner's Report

ur41TE THE UMON BENEVOLENT FUND
TRUSTEES, ANNUAL REPORT FOR THE YEAR EIYDED 31 DECEMBER 2024
Illtroduction
The Unit¢ the Union Benevolent Fund was formed from the UNIFI Benevolent Fund in Novemb¢r 2007. Th¢ Fund
is primarily for ih¢ benefit of m¢mb¢rs and staff of Unite Ihe Union. The new Constitution and ¢hang¢ of n8me
were approved by th¢ Charity Commission.
The receipts and payments account on page 3 and the statement of assets and liabilities on page 4 hav¢ been
examined by the Independent Examiners, Francis Clark LLP.
Referenee and administration details
Chmrity name: Unite the Union Benevolent Fund
Registered Charity number.. 228567
Principal address:
Unite House
128 Theobald's Road
City of London
WCIX 8TN
Bankers
Unity Trust Bank
Trustees
Tim Harper
St¢ph¢n Skinn¢r
Mai'garet Haz¢ll
Julie Theobald
(Chair)
(Secrelary)
(Resigned 31 December 2024)
(Joined 03 June 2025)
Structure, Governanee and Management
The Charity is governed by the Constitution and regulations dated December 1964 as amended I l April 1979, 12
March 1991, 17 March 1998 and 15 November 2007.
Trustees are appoiiited and removed by th¢ Joint Executive Committe¢ (or any equival¢nt successor body). There
w¢re seven meetings of ihe Trust¢¢s in 2024.
Objectives and activitles
Tlie objects of the Charity are:
A. To provide benefits to members or employees or ex-employees of Unite the Union or any successor union
(hereinafter referi'ed to as 'the Union,) or th¢ir dependents. who may be in distressed ¢ir¢UmStt￿¢e5.
B. To consider applications from the public whether members of the Union or not, &t the discretion of the Fund.
C. To make monetary grants or donations or render other assistance to any institution or association which can
also render benefits of assistance to distressed persons as Inore specifically r¢ferr¢d to in clauses A or B above.
The main activity in relation to thes¢ objects is the payment of grants to benefi¢iari¢s.

UNITE THE UIYION BENEVOLENT FUND
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
Public benefit
The Triistce5 have given due I'egard to publiL benefit when planning th¢ Charity's aclivities, in accordance with the
Cliarity Commission's Guidance on Publio Benefit.
The Trustees Annual Report sets oiit our activities, achievements and performance during the year, which are
directly related to the objects gnd purposes for whi¢h the Charity exists. The Charity aehieves its principal objccts
and purposes througli providing finan¢ial help for people connected to Unite the Union who may be in distressed
Circumstances. These benefits Are dire¢tly related to the aims of the Charity 8nd are fiilly compliant with the Charity
Commission Guidance on Public Ben¢fit.
Appllcants
The number of applications during the year was 247 (2023.. 235).
Financial review
Incoine to tlie Fund is derived from the Union's Lottery and tlie Charity's investments suppleinei)ted by a Small
nuinber of ad Iioc donations. Reoeipts for the year lolalled £183,911 (2023.. £166,399) including £50,102 (2023..
£61,227) in lottery donatioi)s.
PayinentS totalled £201,301 (2023: £133,201) of whicli £99,175 (2023: £65,055) was paid oiit in gi'ants to
beiieficiaries, in line with the Ti'LlStees' slralegy to ¢11surc tlie Fund lias a greater positive impact on grant applicants.
£94,571 (2023- £60,107) related to purchase of assets retained for investtnent Pui'poses. Net payments were £17,391
(2023.. Net receipts of £33,198).
The restricted fiinds balance of £54,657 is in respect of the Jack Laity beqiiest to the UNIFI Bl'anch Bristol & Avo
for the benefit of tlieir members. UNIFI used tl)is mon¢y to establish the Pauline Oritz Fuiid and sp¢nt £21 k of tlie
original beqii¢s1. The balance was held by AMICUS for seven yeai's and was finally transfeiyed iiito this ¢harity in
early 2012. Note, a8 of 27 May 2025. tliis fiind is no longer I'estricted to tlie Bristol & Avoii area, as approvcd by
tlie Trustees and sanctioned by the Charity Commission.
The Triistees are monitoi'ing closely tlie impact that Ili¢ ¢iirrcnt unccitain global economic and polffttical enviroiim¢nl
Inay l)av¢ on the Chai'ity's dividend in¢om¢ and believe any short to mediuin term impact 01) liqiiidity will not
Inat¢rially affect the ability of the Charity to fiilfil its aims and commitments.
Expenses met by Unite
Please notc tliat the Francis Clark Fees paid dui'ing the year, relating to the examination of the 2022 and 2023
accounts. as well as some minor trustee ti'avel expenses, were met by Unite and tlierefore not reflected in th¢
accounts of the Benevolent Fund. These fees and exp¢ns¢s were circa £4k in total.
Reserves
The Funds, Trustees are of the opinion that uneommitted reserves shoiild be kept to a minimiim. However. though
tlie Benevolent Fund is anxious to fulfil this, it is still mindful to di5ti'ibute all monies I'eceived only to the most
deserving applicant5.
Deel2rxtio
oved by the Trustees on 07 August 2025 and sig
ed on their bchalf by:
¢r
e¢retaiy
Tim Harper
Chaii.
Trustee

UNITE THE UNION BENEVOLEIYT FUND
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Unrestrlcted Restricted
2023
Total Funds
Total
RECEIPTS
Income Re¢elpts
Sundry Donations Ilncluoing Lottery)
Bank Interest
Dividends
Investments Sold
Miscellaneous
50,582
19
51,893
81,304
113
50.582
19
51.893
81,304
113
61,866
39,566
64,871
91
TOTAL RECEIPTS
183,911
183.911
166,399
PAYMENTS
Dlrect Charltabl8 Expendlture
Grants to Benelicialies
99,175
99,175
65,055
Other Expendlturg
Independent Examiner's Fees
Bank Charges
Trustees, Expense8
Additional Investment
M8nagementFees
Miscellaneous
1,860
29
23
881
94,571
6.630
22
23
881
94,571
6,630
22
60,107
6,150
TOTAL PAYMENTS
201,302
201,302
133,201
Net Re¢elpt8llPayment81 before Transfers
117.3911
117,3911
33,198
TRANSFER BETWEEN FUNDS
NETRECEIPTSIIPAYMENTSI FOR
THEYEAR
117.3911
117,3911
33,198
CASH FUNDS BROUQHTFORWARD
39,696
54,657
94,353
61.155
CASH FUNDS CARRIED FORWARD
22,305
54,657
76,962
94,353

UNrfE THE UNION BEIYEVOLENT FUND
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DFCEMBER 2024
2024
Unrestrlcted Restrfcted
2023
Total Funds
Totsl
MONEfARY ASSEYS
Bank gnd C8sh Balances
Cash Bank
Nationals8￿1n£s deposit
Income Bond
19.305
54,657
73.￿2
91,353
3,000
3,000
3,0
22,305
54,657
76,962
94353
NON-MONETARY ASSETS
Hold lor Investment purposes lin thejoint names of theTrustees1
Inv8Stments'. M8naged Funds (market value)
Redmayne Bent18y Managed Fund
M8G 5nvestment Fund
ColumbSa Threadneedle Managed Funds
600,346
281,080
124.061
600,346
261,080
124,061
574,242
254,374
121,900
985.487
98&487
950,516
NET ASSETS
1,007.792
54,657
1,062A49
1,044.8&9
The accoiints on pages 3 to 4 were approved by the Truslees on 07 Au8iisI 2025 and sigiicd on their behalf by..
St
er
.uslee and Sec
Tim Harper
Chair
tary

UNITE THE UNION BENEVOLENT FtnYD
INDEPENDENT EXAMINER'S REPORT
YEAR EI¥DED 31 DECEMBER 2024
Jndependent Examiner's Report to the Trnstee5 of Unite the Ullion Benevolent Fund
I report to the trustees on my examination of the accounts of the Unit¢ th¢ Union Benevolent Fund (the Trust) for
the year ended 31 Dcceinber 2024.
Responsibilities and basis of report
As the charity trustees of th¢ Trust you are responsible for the preparation of the accounts in a¢¢ordan¢¢ with the
requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in
¢arrying out my ¢xamination I have followed all the applicable Directions given by the Charity Commission linder
section 145{5)(b) of the Act.
Independent examiner's statement
I have compl¢ted my exainination. l Confirm that no material matters have come to my attention in connection with
the examinalion giving me cause to believe that in any tnaterial respect..
l. a¢counting records were not kept in respect of the Trust as required by sectiort 130 of the Act.
or
2. the accounts do nol ac¢ord with those records.
J have no concerns and have come across no other matters in connection with the examination to which attention
sliould be drawn in this report in order to enable a prop¢r understanding of the accoiinls to be reached.
Adi'ian Way FCA (a Director ofj
Francis Clark LLP
Chartered Accountants
Towngat¢ House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW
Date.. 11 August 2025