THE BWC CHARITY

Charity number: 1154235
Removed charity

Charity overview

Activities - how the charity spends its money

The Charity's object is the relief of financial need, hardship or distress of people within the beneficial class.That class is restricted to employees and former employees and their dependants of any company within the RBS Group of companies, any former constituent banks of RBS or NatWest and persons who were employed by a company that was part of the Group of which RBS or NatWest was a member.

Income and expenditure

Data for financial year ending 31 March 2023

Total income: £25,554
Total expenditure: £2,860,144

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 17 October 2013: CIO registration
  • 17 April 2014: Funds received from 1060226 THE ROYAL BANK OF SCOTLAND GROUP BENEVOLENT FUND
  • 25 April 2014: Funds received from 265793 THE NATIONAL WESTMINSTER STAFF FOUNDATION
  • 18 December 2024: Funds transferred to 313080 THE BANKERS BENEVOLENT FUND
  • 18 December 2024: Removed (Removed by application)
Organisation type:
CIO
Other names:
  • BWC CHARITY (Previous name)
  • THE RBS PEOPLECHARITY (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
This charity does not own and/or lease land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £68.28k £58.30k £77.14k £51.15k £25.55k
Total expenditure £42.79k £21.14k £16.49k £67.40k £2.86m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 Not submitted
Accounts and TAR 31 March 2024 Not submitted
Annual return 31 March 2023 13 December 2023 On time
Accounts and TAR 31 March 2023 13 December 2023 On time
Annual return 31 March 2022 23 September 2022 On time
Accounts and TAR 31 March 2022 23 September 2022 On time
Annual return 31 March 2021 05 November 2021 On time
Accounts and TAR 31 March 2021 05 November 2021 On time
Annual return 31 March 2020 30 December 2020 On time
Accounts and TAR 31 March 2020 30 December 2020 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - ASSOCIATION REGISTERED 17 OCT 2013 AMENDED ON 19 JUL 2017

Charitable objects

THE OBJECT OF THE CIO IS THE RELIEF OF FINANCIAL NEED, HARDSHIP AND DISTRESS OF PEOPLE WITHIN THE BENEFICIAL CLASS."BENEFICIAL CLASS" MEANS; 1. EMPLOYEES AND FORMER EMPLOYEES AND THEIR DEPENDANTS OF: A.ANY COMPANY WITHIN THE RBS GROUP; B.ANY FORMER CONSTITUENT BANKS ("CONSTITUENT BANKS") OF THE ROYAL BANK OR NATWEST, INCLUDING, WITHOUT LIMITATION, THE ROYAL BANK OF SCOTLAND LIMITED; NATIONAL COMMERCIAL BANK OF SCOTLAND LIMITED; THE COMMERCIAL BANK OF SCOTLAND LIMITED; WILLIAMS AND GLYN'S BANK PLC; WILLIAM DEACON'S BANK LIMITED; THE NATIONAL BANK LIMITED; GLYN, MILLS & COMPANY LIMITED; DISTRICT BANK LIMITED; NATIONAL PROVINCIAL BANK LIMITED; AND 2. ANY PERSONS WHO WERE EMPLOYED BY A COMPANY AT THE TIME THAT SUCH COMPANY WAS PART OF THE GROUP OF COMPANIES OF WHICH NATWEST OR THE ROYAL BANK WAS A MEMBER EVEN THOUGH THAT COMPANY MAY SINCE CEASED TO BE PART OF THAT GROUP AND THEIR DEPENDANTS. "RBS GROUP" MEANS: 1. THE ROYAL BANK OF SCOTLAND PLC ("THE ROYAL BANK"); 2. ANY OTHER COMPANY OR CORPORATE BODY FROM TIME TO TIME WITHIN THE GROUP OF COMPANIES KNOWN AS THE ROYAL BANK OF SCOTLAND GROUP (THE "RBS GROUP") WHICH COMPRISES THE ROYAL BANK OF SCOTLAND GROUP PLC AND ITS SUBSIDIARY COMPANIES FROM TIME TO TIME (INCLUDING WITHOUT LIMITATION TO THE FOREGOING GENERALITY, THE ROYAL BANK AND ITS SUBSIDIARY COMPANIES, NATIONAL WESTMINSTER BANK PLC ("NATWEST") AND ITS SUBSIDIARY COMPANIES (IN EACH CASE FROM TIME TO TIME)).