DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small operating loss of £28,503, which was offset by significant unrealised investment gains of £268,239, resulting in a net increase in reserves. The trustees describe the financial position as very healthy, with unrestricted reserves rising to £2,744,143, which exceeds their stated policy target of 12 months of operating expenditure.
What the accounts disclose
“The trustees believe that reserves should be held equal to 12 months of operating expenditure plus an amount equal to the value of any foreseeable medium term cash outflows” — page 6
Structured financials (annual return, FY ending 31/03/2022)
Register events
- Received assets from another charity (27/04/2020)
Trustees
- Claire Johnstone Myhill KHDS
- Dr Renata Sofia Mota Gomes
- Hamish Peter Byers
- Helen Elizabeth Carter
- Liam Bradley Atkins
- Mark Izatt
- PETER CORBETT
- Thomas David Francis
- Timothy Peter Clarke
- lUCY Rhodes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £189k | £207k |
| 31/03/2024 | £193k | £221k |
| 31/03/2023 | £265k | £266k |
| 31/03/2022 | £528k | £173k |
| 31/03/2021 | £2.1m | £69k |
Common questions
Is DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND financially healthy?
The accounts state that the charity reported a small operating loss of £28,503, which was offset by significant unrealised investment gains of £268,239, resulting in a net increase in reserves. The trustees describe the financial position as very healthy, with unrestricted reserves rising to £2,744,143, which exceeds their stated policy target of 12 months of operating expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 2 | £2.3m |
| THE JORON CHARITABLE TRUST | 2 | £15k |
| THE ARMY DEPENDANTS' TRUST | 1 | £2.5m |
| THE REME CHARITY | 1 | £178k |
| ROYAL ARTILLERY CHARITABLE FUND | 1 | £159k |
| THE RIFLES BENEVOLENT TRUST | 1 | £120k |
| P F CHARITABLE TRUST | 1 | £80k |
| THE ROYAL WELSH REGIMENTAL WELFARE AND BENEVOLENCE FOUNDATION | 1 | £69k |