THE VICTORIA CROSS AND GEORGE CROSS ASSOCIATION
Welfare of the living holders of the VC/GCWelfare for spouses of deceased VC/ GCrecipientsEducation of the public re the VC and GCPromoting efficiency of Armed Forces, Police etc; encouraging civic responsibility and good citizenship by honouring/supporting holders of the VC and GC, their dependants/descendantsRestoring and erecting Graves and Memorials associated with holders of the VC/GC
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £565,904, which the Trustees consider sufficient to meet their stated policy of maintaining two years' operating costs. The charity notes that its ongoing operations are dependent on future donations, particularly as restricted Covenant funding is anticipated to be exhausted by 2027.
What the accounts disclose
“Donations amounting to £8,042 (2023: £Nil) were received from 1 trustee.” — page 35
“7 member trustees were in receipt of annuities totalling £72,785 (2023: 7 member trustees: £68,367).” — page 35
“Donations amounting to £8,042 (2023: £Nil) were received from 1 trustee.” — page 35
“7 member trustees were in receipt of annuities totalling £72,785 (2023: 7 member trustees: £68,367).” — page 35
Trustees
- Christopher Finneychair
- ANTHONY JOHN GLEDHILL GC
- Dominic Charles Rupert Troulan GC QGM
- JAMES WALLACE BEATON GC CVO JP
- KIM SPENCER HUGHES GC RLC
- MAJ PETER ALLEN NORTON GC RLC
- Richard Colin Watson
- Sam Shephard GC
- Sir George Michael Zambellas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £137k | £249k |
| 31/12/2023 | £197k | £272k |
| 31/12/2022 | £27k | £243k |
| 31/12/2021 | £19k | £235k |
| 31/12/2020 | £45k | £278k |
Common questions
Is THE VICTORIA CROSS AND GEORGE CROSS ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £565,904, which the Trustees consider sufficient to meet their stated policy of maintaining two years' operating costs. The charity notes that its ongoing operations are dependent on future donations, particularly as restricted Covenant funding is anticipated to be exhausted by 2027. Its FY2024 accounts were independently examined.