WARDROOM HMS EXCELLENT
Promotion of the military efficency and operational effectiveness of the armed forces by the provision of mess facilities to commissioned officers serving in Whale Island
Objects
THE CHARITY'S OBJECT (THE OBJECT) IS THE PROMOTION OF MILITARY EFFICIENCY BY THE PROVISION AND SUPPORT OF MESS, SOCIAL, SPORTING AND OTHER FACILITIES FOR THE EFFICIENCY AND WELL-BEING OF SERVICEMEN AND SERVICEWOMEN.
Financial health, per its FY2025 accounts
The accounts state that net assets increased by £9.5K to £266.6K, with unrestricted reserves significantly exceeding the trustee's stated policy target of £50K. The charity holds £222.2K in cash, bank, and deposit assets, which more than covers its £11.9K in liabilities, indicating strong liquidity and financial stability.
What the accounts disclose
“This is £50K and is held in deposit and in available bank account holdings.”
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £189k | £180k |
| 31/03/2024 | £196k | £164k |
| 31/03/2023 | £236k | £212k |
| 31/03/2022 | £128k | £104k |
| 31/03/2021 | £70k | £45k |
Common questions
Is WARDROOM HMS EXCELLENT financially healthy?
Per its FY2025 accounts: The accounts state that net assets increased by £9.5K to £266.6K, with unrestricted reserves significantly exceeding the trustee's stated policy target of £50K. The charity holds £222.2K in cash, bank, and deposit assets, which more than covers its £11.9K in liabilities, indicating strong liquidity and financial stability. Its FY2025 accounts were independently examined.