ARMED FORCES EDUCATION TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £14,521,951, with free reserves of £2,536,951 representing 3.8 years of total grants based on forward estimates. The Trust's principal source of funds is rental income from a property leased to Cognita Schools Limited, supplemented by investment gains. The Trustees report adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“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 6
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?
The accounts state that unrestricted reserves stood at £14,521,951, with free reserves of £2,536,951 representing 3.8 years of total grants based on forward estimates. The Trust's principal source of funds is rental income from a property leased to Cognita Schools Limited, supplemented by investment gains. The Trustees report adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £28k |
| Army Benevolent Fund | 1 | £20k |
| THE ROYAL LANCERS CHARITABLE TRUST | 1 | £8k |
| THE ARMY CENTRAL FUND | 1 | £5k |