THE QUEEN'S ROYAL HUSSARS (THE QUEEN'S OWN AND ROYAL IRISH) REGIMENTAL CHARITY
Financial health, per its FY2025 accounts
The accounts state that the charity was incorporated into a new Charitable Incorporated Organisation effective 1 April 2025, with all assets and liabilities transferred to the new entity. Consequently, the financial statements were prepared on a basis other than going concern, although the trustees confirmed that activities would continue uninterrupted in the new entity. The charity holds unrestricted reserves of £4,056,006 and maintains a policy to ensure excessive funds are not accumulated.
What the accounts disclose
“The Trustees' policy is to maintain a level of reserves sufficient to provide a stable base for the Funds' continuing activities while at the same time ensuring excessive funds are not accumulated.” — page 7
“Therefore they have concluded that it is not appropriate to adopt the going concern basis of accounting in preparing these financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern, as described in note 1.2”
Register events
- Received assets from another charity (06/08/2013)
Trustees
- Brig Retd Ian Mortimer
- Brigadier Nicholas Cowley OBE
- Colonel Alexander James Innes Wilson
- Colonel Alexander Porter
- Colonel Retd Andrew Cuthbert
- Colonel Retd Nigel Beer
- Colonel Retd RICHARD CURRIE CBE
- Lt Col Charles John Haines
- Lt Col Retd Mark Cubitt
- Lt Col Retd Thomas Hamilton
- Major Retd David Innes-Lumsden
- Major Retd Nicholas Entwistle
- RSM Alastair Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £296k | £161k |
| 30/06/2024 | £241k | £268k |
| 31/03/2023 | £251k | £186k |
| 31/03/2022 | £191k | £165k |
| 31/03/2021 | £154k | £161k |
Common questions
Is THE QUEEN'S ROYAL HUSSARS (THE QUEEN'S OWN AND ROYAL IRISH) REGIMENTAL CHARITY financially healthy?
The accounts state that the charity was incorporated into a new Charitable Incorporated Organisation effective 1 April 2025, with all assets and liabilities transferred to the new entity. Consequently, the financial statements were prepared on a basis other than going concern, although the trustees confirmed that activities would continue uninterrupted in the new entity. The charity holds unrestricted reserves of £4,056,006 and maintains a policy to ensure excessive funds are not accumulated. Its FY2025 accounts were audited by Saffery LLP.
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