THE ROYAL NAVY FOOTBALL ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small overall surplus of £6,623 for the year ended 30 June 2024, with unrestricted funds decreasing from £150,118 to £137,735. The trustees maintain a reserves policy of 12 months' operating costs and hold unrestricted reserves of £137,735 alongside £104,614 in investments. The going concern basis is adopted with no material uncertainties identified.
What the accounts disclose
“The Trustees believe that it remains reasonable to maintain a level of free reserves equivalent to 12 months operating costs of charitable activities”
“During the year the Association entered into arms-length printing & embroidery contracts with JAKS totalling £2,919 (2023 - £2,530), a company fully owned by the spouse of Mr S H Johnson, the CEO of the RNFA.” — page 19
Trustees
- David McGarel
- Eilish Brogan
- Elizabeth Smith
- Fraser James Quirke
- Gavin Howe
- Heather O'Connell
- Nicola Sanders Cooper
- Thomas Blain Barnden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £193k | £194k |
| 30/06/2024 | £193k | £194k |
| 30/06/2023 | £205k | £190k |
| 30/06/2022 | £169k | £169k |
| 30/06/2021 | £133k | £127k |
Common questions
Is THE ROYAL NAVY FOOTBALL ASSOCIATION financially healthy?
The accounts state that the charity reported a small overall surplus of £6,623 for the year ended 30 June 2024, with unrestricted funds decreasing from £150,118 to £137,735. The trustees maintain a reserves policy of 12 months' operating costs and hold unrestricted reserves of £137,735 alongside £104,614 in investments. The going concern basis is adopted with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMED FORCES COVENANT FUND | 1 | £384k |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | 1 | £71k |
| THE ADDERSTONE FOUNDATION | 1 | £18k |