BALTIC EXCHANGE CHARITABLE FOUNDATION

Charity number: 1178830
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The relief of persons in need who fall withing the definition of potential beneficiaries life members of the former Baltic Exchange Charitable Society and their family persons who are or have been employed by the Baltic Exchange such other persons who are or have been engaged in maritime activities and who are in need as a result of financial hardship, age, illness or disability.

Income and expenditure

Data for financial year ending 31 December 2024

Total income: £341,540
Total expenditure: £337,038

People

10 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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:
  • General Charitable Purposes
  • Disability
  • The Prevention Or Relief Of Poverty
  • Other Charitable Purposes
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 18 June 2018: CIO registration
  • 17 October 2024: Funds received from 213348 THE LONDON SHIPOWNERS' AND SHIPBROKERS' BENEVOLENT...
  • 30 October 2024: Funds received from 279194-1 THE BONNO KRULL FUND
  • 30 October 2024: Funds received from 279194 THE BALTIC CHARITABLE FUND
  • 11 September 2025: Funds received from 277093 THE BALTIC EXCHANGE CHARITABLE SOCIETY
Organisation type:
CIO
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • 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
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
WILLIAM MICHAEL ROBSON Chair 18 June 2018
None on record
Simon Trowell Trustee 24 July 2025
None on record
Lord Jeffrey Mountevans Trustee 22 October 2024
None on record
Kirsty Anne Marsh Trustee 11 October 2023
None on record
Denis Andreas Petropoulos Trustee 22 September 2020
None on record
Robert Thomas Reed Trustee 12 September 2019
None on record
MARK ANTHONY READ Trustee 01 August 2018
None on record
LAMBROS CLEANTHIS VARNAVIDES Trustee 18 June 2018
None on record
MARK ROBERT JACKSON Trustee 18 June 2018
None on record
COLM JOSEPH NOLAN Trustee 18 June 2018
ROUTES4LIFE LIMITED
Recently registered

Financial history

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Financial period end date

Income / Expenditure 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Total gross income £0 £9.94m £241.55k £289.67k £341.54k
Total expenditure £0 £214.42k £346.93k £284.84k £337.04k
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
Income - Donations and legacies N/A £190 N/A N/A N/A
Income - Other trading activities N/A £0 N/A N/A N/A
Income - Charitable activities N/A £0 N/A N/A N/A
Income - Endowments N/A £0 N/A N/A N/A
Income - Investment N/A £180.19k N/A N/A N/A
Income - Other N/A £9.76m N/A N/A N/A
Income - Legacies N/A £0 N/A N/A N/A
Expenditure - Charitable activities N/A £174.19k N/A N/A N/A
Expenditure - Raising funds N/A £40.23k N/A N/A N/A
Expenditure - Governance N/A £63.88k N/A N/A N/A
Expenditure - Grants institution N/A £61.98k N/A N/A N/A
Expenditure - Investment management N/A £40.23k N/A N/A N/A
Expenditure - Other N/A £0 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 December 2024 23 September 2025 On time
Accounts and TAR 31 December 2024 23 September 2025 On time Download Open in new window
Annual return 31 December 2023 31 October 2024 On time
Accounts and TAR 31 December 2023 31 October 2024 On time Download Open in new window
Annual return 31 December 2022 27 June 2024 240 days late
Accounts and TAR 31 December 2022 27 June 2024 240 days late Download Open in new window
Annual return 31 December 2021 26 June 2024 604 days late
Accounts and TAR 31 December 2021 26 June 2024 604 days late Download Open in new window
Annual return 31 December 2020 29 October 2021 On time
Accounts and TAR 31 December 2020 29 October 2021 On time Download Open in new window
Submit annual return Open in new window

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 - FOUNDATION Registered 18 Jun 2018

Charitable objects

3.1 THE RELIEF OF PERSONS IN NEED WHO FALL WITHIN THE DEFINITION OF POTENTIAL BENEFICIARIES BELOW BY THE PROVISION OF FUNDS, RESOURCES, EQUIPMENT OR OTHER SUPPORT FOR THEIR PERSONAL NEEDS. IN THIS CLAUSE 3.1 ‘POTENTIAL BENEFICIARIES’ MEANS:- (A) LIFE MEMBERS OF THE FORMER BALTIC EXCHANGE CHARITABLE SOCIETY (RCN: 277093) AND THEIR SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, ISSUE OR OTHER DEPENDANTS; (B) PERSONS WHO ARE, OR HAVE BEEN, EMPLOYEES OF THE BALTIC EXCHANGE; AND (C) SUCH OTHER PERSONS WHO ARE, OR HAVE BEEN ENGAGED IN MARITIME ACTIVITIES INCLUDING THEIR SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, ISSUE OR OTHER DEPENDANTS; AND WHO ARE IN NEED AS A RESULT OF FINANCIAL HARDSHIP, AGE, PHYSICAL OR MENTAL ILLNESS OR DISABILITY. 3.2 SUCH PURPOSES AND OBJECTS BEING CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE CHARITY TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.

Contact information

Address:
PO Box 6311
NEWBURY
RG14 9RF
Phone:
02072836090
Email:
anthony.carroll@becf.co.uk
Website:

No information available