THE RAMC CHARITY
Latest income
£600k
Latest spending
£1.1m
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £17,967,435, which is significantly above the trustees' stated policy target of approximately £1.5m. The charity reported a net movement in funds of £654,096, driven by investment gains, while total expenditure on charitable activities was £1,056,166.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Total income
£600k
Total spending
£1.1m
Reserves (reported)
£1.5m
Employees
3
Trustees
- Major General Jeremy Rowanchair
- Colonel Ian Simpson
- Dr Iain Moles
- Ian Razzell
- Mark Vernon Pemberton
- Simon Harmer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £600k | £1.1m |
| 31/12/2023 | £532k | £923k |
| 31/12/2022 | £522k | £769k |
| 31/12/2021 | £526k | £702k |
| 31/12/2020 | £537k | £758k |
Common questions
Is THE RAMC CHARITY financially healthy?
The accounts state that unrestricted reserves stood at £17,967,435, which is significantly above the trustees' stated policy target of approximately £1.5m. The charity reported a net movement in funds of £654,096, driven by investment gains, while total expenditure on charitable activities was £1,056,166. Its FY2024 accounts were audited by TTCA Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 2 | £2.3m |
| THE ARMY DEPENDANTS' TRUST | 1 | £2.5m |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| ARMED FORCES COVENANT FUND | 1 | £384k |
| THE REME CHARITY | 1 | £178k |
| ROYAL ARTILLERY CHARITABLE FUND | 1 | £159k |
| THE RIFLES BENEVOLENT TRUST | 1 | £120k |
| P F CHARITABLE TRUST | 1 | £80k |