ARMED FORCES EDUCATION TRUST
To provide grants to support children and young people whose education has been effected by their parents service in the UK Armed Forces.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £14,645,483, which significantly exceeds its stated policy target of three years' grant expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Our principal source of funds remains rental income from our property asset, let to Cognita Schools Limited.” — page 8
“The policy is also reviewed, when warranted, by changes in risk assessment or the business plan. During the year, reserves were held to minimise any disadvantage to beneficiaries should the Trust's income be stopped or severely reduced. Taking account of the main risks to the Trust, the Trust's policy is to hold reserves of around three times the level of total annual grants awarded based on forward estimates.” — page 9
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (26/04/2017)
Trustees
- Simon Lesie Porter CBEchair
- Andrew David Malcolm
- Barry Thomas Burton
- Candice Chisholm
- Dr Lucy Grace Buckingham Robinson
- Iain Lawrence Buckle
- Joanna Elizabeth Besgrove Walker
- Martin Michael Arthur Davis
- Richard James Clements
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £555k | £677k |
| 31/08/2024 | £524k | £965k |
| 31/08/2023 | £479k | £141k |
| 31/08/2022 | £426k | £486k |
| 31/08/2021 | £410k | £291k |
Common questions
Is ARMED FORCES EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £14,645,483, which significantly exceeds its stated policy target of three years' grant expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £34k |
| Army Benevolent Fund | 1 | £20k |
| THE ROYAL LANCERS CHARITABLE TRUST | 1 | £10k |
| THE ARMY CENTRAL FUND | 1 | £5k |
Charities like this
- THE ROYAL CALEDONIAN EDUCATION TRUST
- WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST
- ARMED FORCES COVENANT FUND
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- NUFFIELD TRUST FOR THE FORCES OF THE CROWN
- IAPS CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ARMED FORCES EDUCATION TRUST | £555k | — | 0 | unclear | — | no doubt |
| THE ROYAL CALEDONIAN EDUCATION TRUST | £291k | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST | £351k | — | 0 | below | — | no doubt |
| ARMED FORCES COVENANT FUND | £30.9m | — | 5 | above | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| NUFFIELD TRUST FOR THE FORCES OF THE CROWN | £1.4m | more than £60,000 | 1 | unclear | — | no doubt |