Armed Forces Bikers Veterans Charity
Financial health, per its FY2024 accounts
The accounts state that the charity raised £158,814 in fundraising income and paid out £118,830 in grants, resulting in a net increase in retained funds of £39,505. The trustees note that they are raising significantly more funds than they have granted and are seeking new initiatives to meet their objectives. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts.
What the accounts disclose
“When the AFB Veterans Charity Accounts are status Green (over £40,000)” — page 8
“AFB Trading Ltd donation” — page 13
Trustees
- William RS Aikenchair
- Ian McCormick
- STEVE REGAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £121k | £123k |
| 31/07/2024 | £159k | £119k |
| 31/07/2023 | £150k | £60k |
| 31/07/2022 | £101k | £118k |
| 31/07/2021 | £91k | £78k |
Common questions
Is Armed Forces Bikers Veterans Charity financially healthy?
The accounts state that the charity raised £158,814 in fundraising income and paid out £118,830 in grants, resulting in a net increase in retained funds of £39,505. The trustees note that they are raising significantly more funds than they have granted and are seeking new initiatives to meet their objectives. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALKING WITH THE WOUNDED | 2 | £257k |
| Army Benevolent Fund | 2 | £51k |
| THE ARMED FORCES EQUINE CHARITY | 2 | £41k |
| THE ARMY DEPENDANTS' TRUST | 1 | £2.5m |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | £1.1m |
| THE REME CHARITY | 1 | £178k |
| ROYAL ARTILLERY CHARITABLE FUND | 1 | £159k |
| THE RIFLES BENEVOLENT TRUST | 1 | £120k |