Finance Score: 1
Governance Score: 2
Support Score: 4
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Reasonable growth: +1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Grant maker support: +4
Overall GiG Score: 7 ?

THE ROYAL NAVAL BENEVOLENT TRUST (GRAND FLEET AND KINDRED FUNDS) 

The RNBT gives help, in cases of need, to those who are serving or have served as ratings in the Royal Navy or as other ranks in the Royal Marines, and their dependants - The RNBT Family. We give financial support to individuals and provide care for older people.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • Fundraising costs are low relative to funds raised
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 15 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £34,825,113 available, equivalent to 46 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£7,986£9,119£-1,134£123£54,932£34,82545.82195
31/03/22£6,286£5,856£430£157£57,397£25,60252.512027
31/03/21£5,724£5,718£6£120£53,185£49,169103.211929
31/03/20£5,679£5,832£-153£112£45,892£42,01186.411634
31/03/19£6,187£5,608£579£101£47,466£43,85793.911933
31/03/18£5,174£5,361£-187£105£43,783£40,41490.51130
31/03/17£5,556£5,344£212£86£43,527£40,18790.21090
31/03/16£4,621£4,993£-372£132£38,279£35,27284.81070
31/03/15£5,993£5,249£744£150£39,402£36,51983.5760
31/03/14£5,251£4,867£384£147£35,068£32,43380730
31/03/13£5,318£4,710£608£141£33,927£31,55080.4740
31/03/12£4,578£4,472£106£137£30,695£28,61176.8710
31/03/11£4,405£5,163£-758£161£31,094£28,99867.4710
31/03/10£4,321£4,522£-201£230£30,823£26,39270680
31/03/09£4,630£4,964£-335£243£25,084£21,52452640
31/03/08£4,579£4,948£-369£247£32,384£27,71367.2690
31/03/07£3,877£4,680£-803£222£33,598£28,81473.9650
31/03/06*£3,917£4,344£-427£0£0£0n/a00
31/03/05£3,793£3,812£-19£0£0£0n/a00
31/03/04£3,075£3,428£-354£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 6.8%
Fundraising Costs/Total Spending: 3.9%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 4%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 63%
Reserves/Spending: 45.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1
Asset Split ?
Established: 61 years

www.rnbt.org.uk

rnbt@rnbt.org.uk

02392690112

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Disability
  • Education/Training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other individual and family services
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Australia, Canada, Cyprus, France, Greece, Hong Kong, Ireland, Malta, New Zealand, South Africa, Spain, Thailand, Throughout England And Wales, Turkey, United States, Zimbabwe,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
Who works here?
  • 219 employees
  • 5 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Masonic Trust - MCF Matched Funding
£1,500 21/11/2022
Unrestricted matched funding in partnership with the local masonic province
Wolfson Foundation - Grant to The Royal Naval Benevolent Trust
£80,000 10/06/2021
New care home for Royal Naval veterans and their dependants

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)
Current Trustees appointed
Gender Split
Based on 13/15 persons

Legal constitution
  • Charity registered in England & Wales on 05/02/1963, number: 206243
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Other Regulators
  • Care Quality Commission
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR06: 1 days late,
Main office

CASTAWAY HOUSE
311 TWYFORD AVENUE
PORTSMOUTH
PO2 8RN

Objectives

1) TO PROVIDE RELIEF IN CASES OF NECESSITY OR DISTRESS TO THOSE WHO HAVE SERVED OR ARE SERVING IN OUR NAVAL FORCES.2) TO MAKE PROVISION OF TRAINING FOR SUCH PERSONS FOR CIVIL LIFE AND ASSISTANCE IN ORDER THAT THEY MAY OBTAIN SUITABLE EMPLOYMENT ON LEAVING THE SERVICE.3) TO MAKE CONTRIBUTION TO THE CARE, TRAINING, MAINTENANCE AND WELFARE OF THE FAMILIES AND DEPENDANTS OF SUCH PERSONS IN CASES OF NECESSITY AND DISTRESS.

Defined Area of Benefit:

ENGLAND & WALES, SCOTLAND AND OVERSEAS.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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