VETERANS IN ACTION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £41,380 for the year ended 31 October 2024, with total unrestricted reserves standing at £28,652. The trustees note that reserves have remained limited due to ongoing economic pressures and a challenging fundraising environment, though they aim to build a contingency fund for three months of operations. The charity secured a National Lottery grant to cover 50% of core costs for three and a half years, providing financial stability.
What the accounts disclose
“Our reserves policy aims to build towards holding a contingency fund that would allow the charity to continue essential operations for a minimum of three months should other income sources temporarily cease.”
Trustees
- Carl Timothy Elliott Atkinsonchair
- Ilse Terry
- SCOTT CARR
- STEPHEN REILLY
- STUART HARDMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £180k | £227k |
| 31/10/2024 | £229k | £188k |
| 31/10/2023 | £267k | £253k |
| 31/10/2022 | £245k | £312k |
| 31/10/2021 | £260k | £230k |
Common questions
Is VETERANS IN ACTION financially healthy?
The accounts state that the charity reported a net income of £41,380 for the year ended 31 October 2024, with total unrestricted reserves standing at £28,652. The trustees note that reserves have remained limited due to ongoing economic pressures and a challenging fundraising environment, though they aim to build a contingency fund for three months of operations. The charity secured a National Lottery grant to cover 50% of core costs for three and a half years, providing financial stability. Its FY2024 accounts were independently examined.
Who funds VETERANS IN ACTION?
Funders whose own accounts filings name VETERANS IN ACTION as a grant recipient include BLUE LIGHT CARD FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BLUE LIGHT CARD FOUNDATION | FY2023 | £15k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EARL FITZWILLIAM CHARITABLE TRUST | 2 | £8k |
| WALKING WITH THE WOUNDED | 1 | £212k |
| THE BAND TRUST | 1 | £120k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £35k |
| Army Benevolent Fund | 1 | £28k |
| THE A S CHARITABLE TRUST | 1 | £23k |
| SUSANNA PEAKE CHARITABLE TRUST | 1 | £20k |
| PILKINGTON CHARITIES FUND | 1 | £15k |