ASCB CHARITABLE FUND
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £569,167 before unrealised investment losses, resulting in total unrestricted reserves of £11,730,509. The trustees confirm the charity has sufficient free reserves to cover two years of expenditure and grant making. The going concern basis is adopted with no material uncertainties identified.
What the accounts disclose
“The ASCB CF Trustees have directed in July 2022 that we maintain sufficient reserves to be able to operate the CF and make annual grants for 18 months without any income stream.”
“The only significant related party relationship is between the ASCB Secretariat and the ASCB CF; the ASCB Secretariat are classified as Crown Civil Servants. Funding of the ASCB Secretariat is through a 60:40 combination of Grant In Aid funding and an annual grant from the Army Central Fund.”
Leadership, per the charity’s website
- Maj Gen (Retd) D Amison CBE — Chief Executive Officer (CEO)
- Lt Col (Retd) P Leighton MBE — Chief Operating Officer (COO)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Justin George Edward Stenhousechair
- Abigail Cullen
- Charlotte Winship
- DAVID HARLEY ATHOL ROWE
- Grant Jamie Kerr
- JAMES WILLIAM TAYLOR MBE
- NIGEL CHRISTOPHER ALLISON
- Philip John McBride
- ROSS HENZELL NOOTT
- Vincent Connelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.4m | £8.8m |
| 31/03/2024 | £7.4m | £6.6m |
| 31/03/2023 | £6.7m | £6.2m |
| 31/03/2022 | £6.3m | £10.2m |
| 31/03/2021 | £6.7m | £4.6m |
Common questions
Is ASCB CHARITABLE FUND financially healthy?
The accounts state that the charity reported a surplus of £569,167 before unrealised investment losses, resulting in total unrestricted reserves of £11,730,509. The trustees confirm the charity has sufficient free reserves to cover two years of expenditure and grant making. The going concern basis is adopted with no material uncertainties identified. Its FY2023 accounts were audited by Kreston Reeves LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 2 | £750 |
| RONTADES LIMITED | 1 | £3.1m |
| THE ARMY DEPENDANTS' TRUST | 1 | £2.5m |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | £1.1m |
| M AND R GROSS CHARITIES LIMITED | 1 | £957k |
| THE REME CHARITY | 1 | £178k |
| ROYAL ARTILLERY CHARITABLE FUND | 1 | £159k |
| THE RIFLES BENEVOLENT TRUST | 1 | £120k |