VETERANS IN COMMUNITIES
Veterans in Communities is an ex-services charity based in East Lancashire. Established in September 2012, VIC supports ex-service personnel, their families and members of the uniformed services who have experienced difficulties re-integrating with the community on returning to civilian life.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £48,626 for the year, resulting in a decrease in total funds from £153,705 to £105,079. The trustees' report indicates that free reserves of £56,058 represented 23% of the projected expenditure for the following year, which is below the stated policy target of 25%. The filing notes that the charity holds a gifted property asset valued at £270,000, but this value cannot be realised for the benefit of the charity.
What the accounts disclose
“At 31st March 2025 VIC has £56,058 as free reserves after designated funds are accounted for. This represents 23% of budgeted expenditure for the financial year 2025/26.” — page 9
Funders the charity credits
- Integrated Care Board
- Armed Forces Covenant Fund Trust
Property (HM Land Registry)
Trustees
- RONNIE BARKERchair
- Alan James Woods
- Barry Hyde
- Cllr Marilyn Winifred Anne Procter
- JOHN BARRY PAYTON MBE
- Major Charles Robert Smethurst
- Robin Elliott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £187k | £236k |
| 31/03/2024 | £176k | £219k |
| 31/03/2023 | £248k | £225k |
| 31/03/2022 | £212k | £188k |
| 31/03/2021 | £189k | £199k |
Common questions
Is VETERANS IN COMMUNITIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £48,626 for the year, resulting in a decrease in total funds from £153,705 to £105,079. The trustees' report indicates that free reserves of £56,058 represented 23% of the projected expenditure for the following year, which is below the stated policy target of 25%. The filing notes that the charity holds a gifted property asset valued at £270,000, but this value cannot be realised for the benefit of the charity. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/06/2019 | £10k | Veterans in Production |
| The National Lottery Heritage Fund | 27/11/2013 | £10k | "Operation War Graves 100" |