Charity Accounts Intelreading the accounts so you don’t have to

THE UNION JACK CLUB

Registered charity 208731 · accounts filings on the Charity Commission register

Residential Services & Club For HM Forces & EX Service Members and Families

Causes: Accommodation/housing · website · Get email alerts

Latest income
£12.5m
Latest spending
£11.1m
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net income surplus of £2,472,457 for the year ended 31 December 2024, driven by a significant gain on investments. The trustees confirmed that the charity has sufficient unrestricted reserves and a strong asset base to cover liabilities as they fall due, supporting the going concern basis of accounting.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £130,001 - £140,000 — above the median for charities its size (£130k)
“£130,001 - £140,000 1 1” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 8
“The number of employees receiving emoluments of £60,000 or more was as follows: £60,001 - £70,000 4 3 £70,001 - £80,000 3 2 £80,001 - £90,000 - 1 £130,001 - £140,000 1 1 | 8 7”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 6 months operating costs (held: £7.0m)
“a general unrestricted spendable or free reserve (as defined by the Charity Commission) should aim to be no less than 6 months operating costs, which in a normal trading year would be expected to equate £ 5.2 million approximately.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related party transactions between the Charity and its wholly owned trading subsidiary, The Union Jack Club (Trading) Limited, including accommodation, room hire, food, and liquor sales, as well as Gift Aid distributions.
“Accommodation sales between Charity and Trading company during the year were £360,307 (2023 £332,328}. Room Hire sales between Charity and Trading company during the year were £345,954 (2023 £308,562). Food sales between Charity and Trading company during the year were £267,525 (2023 £268,639). Liquor sales between Charity and Trading company during the year were £80,593 (2023 £73,986). Gift Aid to be paid to the Charity for 2024, paid in 2025 is £910,378 (Gift Aid for 2023, paid during 2024 was £795,561). The intercompany balance for 2024 between the Charity and the Trading company is £679,237 (2023 £354,528)” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £122k
“Discretionary pensions have been granted to certain former employees, which are paid by the Club directly. Therefore, a provision of £121,700 (2023 £169,800) has been made in these accounts for the future liability expected in respect of existing pensioners in line with the requirements of FRS102.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Union Jack Club (Trading) Limited
“The Union Jack Club (Trading) Limited, a wholly owned subsidiary of the Union Jack Club, purchases, under strict controls, any accommodation that is not required for the beneficiaries of the Charity. The accounts of the company are consolidated with those of the Charity.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 6 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£12.5m
Total spending
£11.1m
Cost of raising funds
£1.4m
Reserves (reported)
£7.0m
Employees
162

Reported reserves equal ~7.5 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (80% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.0% of total income — above the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£12.5m£11.1m
31/12/2023£12.6m£10.4m
31/12/2022£10.3m£8.8m
31/12/2021£5.8m£6.1m
31/12/2020£4.5m£6.2m

Common questions

Is THE UNION JACK CLUB financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net income surplus of £2,472,457 for the year ended 31 December 2024, driven by a significant gain on investments. The trustees confirmed that the charity has sufficient unrestricted reserves and a strong asset base to cover liabilities as they fall due, supporting the going concern basis of accounting. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

What does the highest-paid employee of THE UNION JACK CLUB earn?

Per its FY2024 accounts, the highest-paid employee was in the £130,001 - £140,000 band, and 8 employees earned over £60,000.

Who funds THE UNION JACK CLUB?

Funders whose own accounts filings name THE UNION JACK CLUB as a grant recipient include NUFFIELD TRUST FOR THE FORCES OF THE CROWN.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£85kUnion Jack Club 3 Floor Refurbishment
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£85kUnion Jack Club 3 Floor Refurbishment
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2023£60kUnion Jack Club

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
BNA CHARITABLE INCORPORATED ORGANISATION1£82k
THE ARMY CENTRAL FUND1£69k
LLOYD'S PATRIOTIC FUND1£65k
Army Benevolent Fund1£30k
ARMED FORCES COVENANT FUND1£10k
THE JONES 1986 CHARITABLE TRUST1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with UKAF RUGBY FOOTBALL CLUB.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE UNION JACK CLUB£12.5m£130,001 - £140,0008above—no doubt
UKAF RUGBY FOOTBALL CLUB FY2025£186k—0unclear—no doubt
THE VICTORY (SERVICES) ASSOCIATION FY2025£11.9m——unclear—no doubt
THE HOUSEHOLD DIVISION CHARITY FY2025£2.1m—0above—no doubt
DEVONPORT SERVICES RUGBY FOOTBALL CLUB FY2025£272k—0above—no doubt
CARE AFTER COMBAT FY2025£973k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.