VETERANS AID
Primarily involved in supporting homeless and vulnerable veterans who have served in the British armed forces. Services include the provision of accommodation, social work, alcohol counselling, and advocacy.
Financial health, per its FY2025 accounts
The accounts state that the charity holds free reserves of £1,460,829, which the trustees consider to represent an estimated nine months of operating costs. The charity reported a surplus in unrestricted funds of £134k for the year, while restricted funds showed a deficit of £139k. The trustees and auditors have confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The number of employees whose emoluments (salaries, wages and benefits in kind) fell within the following bands: £60,000 to £69,999 2 2 £70,000 to £79,999 1 - £90,000 to £99,999 1”
“The number of employees whose emoluments (salaries, wages and benefits in kind) fell within the following bands: £60,000 to £69,999 2 2 £70,000 to £79,999 1 - £90,000 to £99,999 1”
“Veterans Aid realises its income from rents and housing benefits, grants, donations, events, legacies and investment income.” — page 16
“The Charity needs to have in reserve sufficient capital to guard against an unforeseen reduction in income, taking account of its need to meet the continuing costs of operating the Charity’s main roles in providing accommodation, rehabilitation and emergency care for homeless veterans.” — page 18
Leadership, per the charity’s website
- Hugh Milroy — CEO
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- ANDREW GERARD WALLIS MBE OL DLchair
- COLONEL CHRISTOPHER DAVID MACKENZIE-BEEVOR CBE
- GILBERT HOLBOURN
- Major Jeremy David Kennard
- Major Rupert Alasdair Douglas Gibb
- Wing Commander Alex Charles South
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £2.2m | £2.2m |
| 30/09/2024 | £2.3m | £2.1m |
| 30/09/2023 | £1.9m | £2.0m |
| 30/09/2022 | £1.6m | £1.9m |
| 30/09/2021 | £1.9m | £1.8m |
Common questions
Is VETERANS AID financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds free reserves of £1,460,829, which the trustees consider to represent an estimated nine months of operating costs. The charity reported a surplus in unrestricted funds of £134k for the year, while restricted funds showed a deficit of £139k. The trustees and auditors have confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Saffery LLP.
What does the highest-paid employee of VETERANS AID earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,000 - £99,999 band, and 4 employees earned over £60,000.
Who funds VETERANS AID?
Funders whose own accounts filings name VETERANS AID as a grant recipient include HEDLEY FOUNDATION LIMITED, THE SACKLER TRUST, THE MICHAEL UREN FOUNDATION, THE WESTMINSTER FOUNDATION, THE ROYAL NAVY AND ROYAL MARINES CHARITY.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/03/2024 | £460k | Rapid Counselling Response for Veterans |
| Sport England | 08/06/2020 | £3k | COVID-19 CEF |
| The National Lottery Community Fund | 17/10/2019 | £283k | Homelessness Prevention among Veterans |
| Greater London Authority | 12/05/2016 | £1.6m | Grant to Veterans Aid |
| UK government | — | £500k | Financial Assistance/Support |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROYAL AIR FORCE BENEVOLENT FUND | 2 | £48k |
| Army Benevolent Fund | 2 | £40k |
| THE MAHORO CHARITABLE TRUST | 1 | £100k |
| BNA CHARITABLE INCORPORATED ORGANISATION | 1 | £82k |
| WALKING WITH THE WOUNDED | 1 | £79k |
| LLOYD'S PATRIOTIC FUND | 1 | £65k |
| THE SCHRODER FOUNDATION | 1 | £60k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £45k |
Charities like this
- HELPING HOMELESS VETERANS UK
- CARE FOR VETERANS
- VETERANS ASSOCIATION
- THE VETERANS CHARITY
- SOLDIERS OFF THE STREET
- CARE AFTER COMBAT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VETERANS AID | £2.2m | £90,000 - £99,999 | 4 | unclear | — | no doubt |
| HELPING HOMELESS VETERANS UK | £201k | — | 0 | unclear | — | no doubt |
| CARE FOR VETERANS | £5.9m | — | — | unclear | — | no doubt |
| VETERANS ASSOCIATION | £986k | — | 0 | unclear | 34.6% | no doubt |
| THE VETERANS CHARITY | £397k | — | 0 | unclear | — | no doubt |
| SOLDIERS OFF THE STREET | £121k | — | 0 | above | — | no doubt |