ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves total £7,350,398, an increase from the previous year's £6,988,388. The charity reports no restricted funds and relies primarily on investment income to fund its charitable activities, which cost £399,993 in the reporting year. The trustees assess that these reserves are sufficient to protect qualifications for 10-15 years and cover planned expenditure deficits through 2027.
What the accounts disclose
“Colonel Richard Bouke Hawkins MBE ADC, CSM Spencer Eardley and Colonel Alastair Cooper QVRM TD, all Trustees of Royal Engineers Vocational Education and Training Trust (REVETT) are also Trustees of the Royal Engineers Central Charitable Trust (RECCT) for which transactions have taken place during the year. RECCT paid £149 relating to sundry recharges and donations, which was transferred during the year. There were also reimbursements to RECCT from REVETT of £49,411 during the year, relating to recharges of staff salaries and various admin charges.” — page 31
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Brigadier Guy Boxall MBE
- Col Daniel Hall VR MInstRE
- Col Guy Cheesman ADC RE
- Craig Smith CSM
- Lieutenant Colonel Rob Porter
- Lt Col David White RE
- Simon Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £730k | £420k |
| 31/12/2024 | £213k | £287k |
| 31/12/2023 | £251k | £406k |
| 31/12/2022 | £293k | £384k |
| 31/12/2021 | £255k | £537k |
Common questions
Is ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST financially healthy?
The accounts state that unrestricted reserves total £7,350,398, an increase from the previous year's £6,988,388. The charity reports no restricted funds and relies primarily on investment income to fund its charitable activities, which cost £399,993 in the reporting year. The trustees assess that these reserves are sufficient to protect qualifications for 10-15 years and cover planned expenditure deficits through 2027. Its FY2024 accounts were audited by Kreston Reeves LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 2 | £890k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £4k |