QUEEN ALEXANDRA'S ROYAL ARMY NURSING CORPS ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £5,936,491, driven by a £252,426 gain on investments, despite charitable expenditure exceeding incoming resources. The trustees note a financial reserves policy exists and that excess income is routinely invested to provide adequate funds for the future. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“There is a Financial Reserves Policy.” — page 25
Trustees
- Sue Bush RRCchair
- David McArthur OBE
- Deborah Hamilton
- Dee Radford
- Duane Fletcher MBE MStJ
- Elizabeth Keenan
- Emily Heney
- Fiona Lankester
- Jacqueline Anne Hall
- Janet Clair Kelly
- Karen Irvine RRC
- Merrill Bate ARRC
- Ruth Truscott ARRC
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £477k | £291k |
| 30/06/2024 | £434k | £362k |
| 30/06/2023 | £349k | £345k |
| 30/06/2022 | £391k | £418k |
| 30/06/2021 | £461k | £327k |
Common questions
Is QUEEN ALEXANDRA'S ROYAL ARMY NURSING CORPS ASSOCIATION financially healthy?
The accounts state that total funds increased to £5,936,491, driven by a £252,426 gain on investments, despite charitable expenditure exceeding incoming resources. The trustees note a financial reserves policy exists and that excess income is routinely invested to provide adequate funds for the future. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by TTCA Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL GARDEN SCHEME | 1 | £870k |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| THE COMPANY OF NURSES CHARITABLE TRUST | 1 | £40k |
| THE RCN FOUNDATION | 1 | £9k |
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £500 |