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Cash

Latest balance sheet

Net assets

£821M

+2.4% highest in 3 filed years

Employees

2,381

+4.8% highest in 3 filed years

Profit before tax

£31M

+191.8% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Gross written premiums £740,655,000£754,713,000 +1.9%
Net earned premiums £379,407,000£385,200,000 +1.5%
Claims incurred £304,128,000£310,944,000 +2.2%
Investment return £31,558,000£49,520,000 +56.9%
Profit before tax £10,470,000£30,556,000 +191.8%
Net profit £18,447,000£15,000£17,769,000 +118,360%
Insurance contract liabilities £1,367,009,000£1,406,543,000 +2.9%
Total assets £2,267,351,000£2,355,867,000£2,443,344,000 +3.7%
Total liabilities £1,554,432,000£1,622,655,000 +4.4%
Equity £770,953,000£801,435,000£820,689,000 +2.4%
Average employees 2,1502,2732,381 +4.8%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Net margin 2.5%0.0%
Gearing (liabilities / total assets) 66.0%66.0%
Current ratio 4.73x3.68x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. BENEFACT TRUST LIMITED 2022-03-07 → present
  2. ALLCHURCHES TRUST LIMITED 1972-02-24 → 2022-03-07

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the groups and the parent charitable company’s ability to continue as a going concern for a period of at least twelve months from the date on which the financial statements are authorised for issue.”

Group structure

  1. BENEFACT TRUST LIMITED · parent
    1. Access Underwriting Limited 100% · United Kingdom · Insurance agents and brokers
    2. Benefact Broking & Advisory Holdings Limited 100% · United Kingdom · Investment holding company
    3. Benefact Group plc 100% · United Kingdom · Investment holding company
    4. Benefact Management Services Limited 100% · United Kingdom · Dormant company
    5. Boshers Ltd 100% · United Kingdom · Insurance agents and brokers
    6. Cheviot Insurance Services Ltd 100% · United Kingdom · Insurance agents and brokers
    7. Clearbroking Ltd 100% · United Kingdom · Insurance agents and brokers
    8. Cleddau Holdings Limited · United Kingdom · Investment holding company
    9. Cleddau Insurance Services Limited · United Kingdom · Insurance agents and brokers
    10. De Novo Risk Solutions Limited 100% · United Kingdom · Insurance agents and brokers

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

11 active · 34 resigned

Name Role Appointed Born Nationality
HALL, Rachael Jane Secretary 1995-06-30 British
BROWN, Sarah Romilly Denner, Revd Canon Director 2025-03-04 Mar 1965 British
COCKREM, Denise Patricia Director 2024-10-01 Nov 1962 British
COOMBS, Caroline Kauslick Director 2024-05-02 Jun 1959 British,American
DAVIS, Paul Harold, Reverend Director 2020-03-29 Mar 1957 British
HENDERSON, Robert David Charles Director 2026-01-01 Nov 1948 British
LAMPORT, Stephen Mark Jeffrey, Sir Director 2026-01-01 Nov 1951 British
MOORE, Ian Keith, Dr Director 2023-06-22 Nov 1965 British
PATERSON, David Scott Director 2022-10-06 Mar 1964 British
RUDDEN, Patrick Director 2023-06-22 Jan 1963 British
SYKES, John Nicholas Director 2023-06-22 Jul 1959 British
Show 34 resigned officers
Name Role Appointed Resigned
CLAYTON, Roger Ward Secretary 1995-06-30 2002-03-01
WILLISCROFT, John Edwin Secretary 1995-05-01
ARLINGTON, Michael Director 2014-09-08 2022-07-14
ASSHETON, Nicholas, The Hon Director 2002-01-01 2007-12-31
BANSZKY, Caroline Janet Director 2018-04-26 2024-04-26
BOISSEAU, Francois-Xavier Bernard Director 2023-05-05 2025-12-31
CARROLL, Timothy Joseph Director 2016-04-25 2025-12-31
CHAMBERLAIN, Michael Aubrey Director 2006-12-05 2016-07-13
CHRISTIE, David Director 2013-06-20 2016-02-08
COOPER, Annette Joy, The Venerable Director 2008-04-21 2018-07-10
CORNWALL JONES, Mark Ralph Director 2009-07-23
DAY, Bernard Victor Director 1998-01-01 2004-01-26
EVANS, Thomas Eric, The Very Reverend Director 1996-08-17
HARRIS HUGHES, Howell Meirion Director 2004-06-10 2006-07-20
HART, Harold Fraser Director 2004-04-27 2014-07-08
HEDGES, Jane Barbara, The Very Revd Director 2017-10-17 2023-10-17
HOMERSHAM, Susan Barbara Stanhope Director 1998-06-25 2003-12-31
HUDSON, Stephen Charles Director 2016-01-01 2023-07-06
LAMPORT, Stephen Mark Jeffrey, Sir Director 2020-03-05 2024-03-05
LUND, Karen Belinda, Venerable Director 2018-04-26 2024-03-05
MAGNUS, Laurence Henry Philip, Sir Director 2013-06-20 2022-07-14
MAWER, Philip John Courtney, Sir Director 2010-06-23 2019-12-31
MCLINTOCK, Charles Alan, Sir Director 2003-07-23
MOULDER, Mr Chris Director 2019-05-10 2023-07-06
SAMUEL, William Meredith, Mr Director 2009-09-02 2013-01-24
SEALY, Nicholas John Elliot Director 2006-06-20 2013-07-04
SMART, David Eynon Director 2021-03-11 2023-05-02
SMITH, Christopher Director 2010-01-26 2018-07-10
SNELGROVE, Donald George, The Rt Rev Director 2005-12-06
SPENCER, Victor George, Viscount Churchill Director 1994-06-30 2006-12-31
STOCK, William Nigel, Bishop Director 2006-12-05 2016-07-13
WALTON, David Storry Director 2019-05-10 2019-11-07
WILSON, Denise Pamela Director 2010-12-16 2018-07-10
YATES, William Hugh Director 1997-01-09 2011-06-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 208 total filings

Date Type Category Description
2026-05-20 AA accounts Accounts with accounts type group
2026-01-04 AP01 officers Appoint person director company with name date PDF
2026-01-02 AP01 officers Appoint person director company with name date PDF
2025-12-31 TM01 officers Termination director company with name termination date PDF
2025-12-31 TM01 officers Termination director company with name termination date PDF
2025-08-15 CH01 officers Change person director company with change date PDF
2025-07-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-12 AA accounts Accounts with accounts type group
2025-03-12 AP01 officers Appoint person director company with name date PDF
2024-10-09 AP01 officers Appoint person director company with name date PDF
2024-07-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-20 AA accounts Accounts with accounts type group
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2024-03-19 TM01 officers Termination director company with name termination date PDF
2024-03-18 TM01 officers Termination director company with name termination date PDF
2023-10-17 TM01 officers Termination director company with name termination date PDF
2023-07-12 TM01 officers Termination director company with name termination date PDF
2023-07-12 TM01 officers Termination director company with name termination date PDF
2023-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page