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ARMED FORCES COVENANT FUND

Registered charity 1177627 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£30.9m
Latest spending
£30.0m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves were £664,027, covering approximately six months of staff costs. The trustees confirm that the trust can meet its liabilities as they fall due for the foreseeable future, with funding expected to continue. The external auditor issued an unqualified opinion, confirming the financial statements give a true and fair view.

What the accounts disclose

Employees paid over £60,000: 5
“The total number of employees whose emoluments for the year exceeded £60,000 is given in Notes 6 and 7” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient funds to maintain liquidity and to increase our robustness in the event of a sudden contraction of grant funding (held: £664k)
“Our working reserves policy has been to ensure that we hold sufficient funds to maintain liquidity and to increase our robustness in the event of a sudden contraction of grant funding.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£30.9m
Total spending
£30.0m
Reserves (reported)
£664k
Employees
26

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£30.9m£30.0m
31/03/2024£35.7m£34.5m
31/03/2023£15.6m£15.9m
31/03/2022£28.2m£27.6m
31/03/2021£26.8m£26.5m

Common questions

Is ARMED FORCES COVENANT FUND financially healthy?

The accounts state that unrestricted reserves were £664,027, covering approximately six months of staff costs. The trustees confirm that the trust can meet its liabilities as they fall due for the foreseeable future, with funding expected to continue. The external auditor issued an unqualified opinion, confirming the financial statements give a true and fair view. Its FY2025 accounts were audited by Moore Kingston Smith.

Who funds ARMED FORCES COVENANT FUND?

Funders whose own accounts filings name ARMED FORCES COVENANT FUND as a grant recipient include THE ROYAL LANCERS CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE ROYAL LANCERS CHARITABLE TRUSTFY2024£4k
THE ROYAL LANCERS CHARITABLE TRUSTFY2023£4k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ARMED FORCES EQUINE CHARITY2£41k
WALKING WITH THE WOUNDED1£212k
EDUCATIONAL OPPORTUNITY FOUNDATION1£28k
Army Benevolent Fund1£20k
THE ARMY CENTRAL FUND1£5k
THE EARL FITZWILLIAM CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ARMED FORCES EDUCATION TRUST.