HONOUR OUR ARMED FORCES
A small Ex forces Charity that aims to support the armed forces community through equipment/gifts in kind and grants, including ex-servicemen and women as well as current serving military personnel and cadet detachments.
Financial health, per its FY2025 accounts
The accounts state that the charity reported unrestricted reserves of £18,095, an increase from the previous year's £9,459. However, the charity holds net current liabilities of £14,440 due to an interest-free loan from a related party, though net assets remain positive at £18,095. The trustees acknowledge a going concern risk associated with reliance on a single funding source but confirm no material uncertainties exist regarding the charity's ability to continue.
What the accounts disclose
“Our target is to establish reserves of £5,000 by the end of 2026.” — page 4
“(Resigned 5 October 2024) (Appointed 25 October 2024) (Appointed 5 October 2024)”
Trustees
- RICHARD BROOKchair
- David Thomas
- Deborah leanne Chatfield
- Martin Leonard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £38k | £31k |
| 05/04/2025 | £36k | £27k |
| 05/04/2024 | £23k | £22k |
| 05/04/2023 | £18k | £17k |
| 05/04/2022 | £23k | £17k |
Common questions
Is HONOUR OUR ARMED FORCES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported unrestricted reserves of £18,095, an increase from the previous year's £9,459. However, the charity holds net current liabilities of £14,440 due to an interest-free loan from a related party, though net assets remain positive at £18,095. The trustees acknowledge a going concern risk associated with reliance on a single funding source but confirm no material uncertainties exist regarding the charity's ability to continue. Its FY2025 accounts were independently examined.