INVICTUS GAMES FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus of £550,398 for the year, increasing its total unrestricted reserves to £1,963,564. This figure exceeds the stated reserves policy target range of £500,000 to £1,200,000, indicating the charity holds sufficient funds to meet future obligations and support activities. The trustees confirmed the group is financially secure with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Based on a forecast of expenses, less projected hosting fee income, the reserves requirement will be in a range of £500k to £1,200k”
“The wholly owned trading subsidiary IGF Trading Limited is incorporated in England (company number 10612245) and pays all of its profits to the charity under the gift aid scheme.” — page 39
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Lord Charles Lamb Allenchair
- Carla Qualtrough
- Conny Martina Wilhelmina Maria Wenting
- David Charles Richmond
- Glenn Keys
- Joanna Louise Roper
- Jonathan David Edwards CBE
- Karen Briggs
- Nana Fifield
- Nicholas Loughran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.8m | £3.3m |
| 31/12/2023 | £2.7m | £2.5m |
| 31/12/2022 | £2.1m | £2.0m |
| 31/12/2021 | £1.2m | £1.2m |
| 31/12/2020 | £1.8m | £1.2m |
Common questions
Is INVICTUS GAMES FOUNDATION financially healthy?
The accounts state that the charity recorded a surplus of £550,398 for the year, increasing its total unrestricted reserves to £1,963,564. This figure exceeds the stated reserves policy target range of £500,000 to £1,200,000, indicating the charity holds sufficient funds to meet future obligations and support activities. The trustees confirmed the group is financially secure with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Price Bailey LLP.