DEFENCE ACADEMY STATION & WELFARE FUND
The primary aim of the Station & Welfare Fund is to improve the amenities of the Station by providing grants (as approved by the Fund Committee/IMC) to Station departments and clubs. On the proviso that personnel pay Station & Welfare subscriptions, the Fund will consider bids from individuals/groups who undertake worthwhile activities of a welfare, sporting, recreational, or academic nature.
Objects
The charity's object (the object) is 'the promotion of efficiency of the armed forces of the Crown by the provision and support of facilities and activities for the efficiency and well-being of service personnel'.
Financial health, per its FY2025 accounts
The accounts state that the independent examiner identified several areas requiring action, including a balance sheet quick ratio of 0.25 which is below the recommended threshold of 1. The examiner also noted that the previous period's total figure on the Statement of Financial Activities differed from the prior year's figure, requiring investigation. Additionally, cash flow was noted to be tied up in receivables, with the current balance amounting to 24.7% of revenue.
What the accounts disclose
“The IA comments are noted. I have the following comments, some of which requires action: a. Balance sheet quick ratio is 0.25 (Ratio > 1). b. Previous period total figure on SOFA differs from last years figure. RA to investigate. c. CBA is 24.7% of RF. MT to ensure that cashflow is not tied up in RF.” — page 62
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £261k | £195k |
| 31/07/2024 | £154k | £162k |
| 31/07/2023 | £242k | £245k |
| 31/07/2022 | £58k | £69k |
| 31/07/2021 | £52k | £71k |
Common questions
Is DEFENCE ACADEMY STATION & WELFARE FUND financially healthy?
Per its FY2025 accounts: The accounts state that the independent examiner identified several areas requiring action, including a balance sheet quick ratio of 0.25 which is below the recommended threshold of 1. The examiner also noted that the previous period's total figure on the Statement of Financial Activities differed from the prior year's figure, requiring investigation. Additionally, cash flow was noted to be tied up in receivables, with the current balance amounting to 24.7% of revenue. Its FY2025 accounts were independently examined.