RUGBY FOR HEROES
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £36,999, providing sufficient funds to cover administration costs for six to eight months. This aligns with the charity's stated policy of retaining a minimum of six months' reserves, though trustees have set a goal of 12 months. The financial position is described as secure despite a 42% decrease in total income.
What the accounts disclose
“providing sufficient funds to cover administration costs for a period of six to eight months, which is in line with Charity’s policy of retaining a minimum of six months’ reserves.” — page 4
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2023) to "above" (FY2024).
Trustees
- Simon Baileychair
- Austin Spencer Lewis
- Christian Sion Phillips
- Graham Paul Quant
- Karen Kraus
- Miles Alastair Greenslade
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £227k | £222k |
| 29/02/2024 | £150k | £132k |
| 28/02/2023 | £260k | £258k |
| 28/02/2022 | £186k | £181k |
| 28/02/2021 | £81k | £78k |
Common questions
Is RUGBY FOR HEROES financially healthy?
The accounts state that unrestricted reserves increased to £36,999, providing sufficient funds to cover administration costs for six to eight months. This aligns with the charity's stated policy of retaining a minimum of six months' reserves, though trustees have set a goal of 12 months. The financial position is described as secure despite a 42% decrease in total income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMED FORCES COVENANT FUND | 1 | £2.5m |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | £1.1m |
| Moto Foundation | 1 | £550k |
| LLOYD'S PATRIOTIC FUND | 1 | £45k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £20k |
| THE STRATTON NO2 CHARITABLE FUND | 1 | £18k |
| THE WYNDHAM CHARITABLE TRUST | 1 | £14k |
| THE JIGSAW NETWORK C.I.O. | 1 | £10k |