Corporate report

Reclaim Fund Ltd Annual Report and Accounts 2023/24

Reclaim Fund Ltd presents its Annual Report and Accounts, covering the 12 month accounting period to 31 March 2024.

• From: HM Treasury
• Published: 23 July 2024

Documents

Reclaim Fund Ltd Annual Report and Accounts 2023/2024

Ref: ISBN 978-1-917151-27-6, HC 166

PDF, 2.61 MB, 90 pages

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Details

The 2023/24 Annual Report and Accounts (ARA) highlights the performance of the business over the 12-month accounting period, containing key highlights and analysis, alongside detailed Corporate Governance disclosures.

The ARA includes key clauses from the Framework Document between HMT and RFL, and highlights the wider ecosystem of Dormant Assets, in particular demonstrating the journey of a Dormant Asset from the point at which it is legally dormant and is voluntarily paid to RFL from banks and building societies, through to how it can be reclaimed, and how any agreed surplus is passed onto good causes.

The document references scheme expansion including the involvement of the industry champions alongside other stakeholders including regulators, government and the Dormant Asset Expansion Board, and also showcases some of the good causes that benefit from the Scheme.

Published 23 July 2024