THE RAEC AND ETS BRANCH ASSOCIATION
(1) Provide support to former members of the AEC/RAEC, serving & former officers of the AGC(ETS) Branch & former members of WRAC permanently employed with RAEC, and their dependants who are in need hardship or distress.(2) Promote the military efficiency of the Army specifically the ETS Branch by fostering esprit de corps within the Branch and preserving its traditions and those of the AEC/RAEC.
Objects
THE OBJECTS OF THE ASSOCIATION ARE: A. TO PROVIDE SUPPORT, INCLUDING FINANCIAL ASSISTANCE TO FORMER MEMBERS OF THE ARMY EDUCATIONAL CORPS AND THE ROYAL ARMY EDUCATIONAL CORPS (THE ANTECEDENT CORPS) AND THEIR DEPENDANTS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS (THE BENEFICIARIES), SUCH SUPPORT TO TAKE INTO ACCOUNT ASSISTANCE FROM OTHER SOURCES. B. TO PROVIDE SUPPORT, INCLUDING FINANCIAL ASSISTANCE, TO SERVING AND FORMER OFFICERS OF THE EDUCATIONAL AND TRAINING SERVICES BRANCH OF THE ADJUTANT GENERAL'S CORPS (THE BRANCH) WHO ARE OR HAVE BEEN FULL MEMBERS OF THE ASSOCIATION AND THEIR DEPENDANTS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS (THE BENEFICIARIES), SUCH SUPPORT TO TAKE INTO ACCOUNT ASSISTANCE FROM OTHER SOURCES. C. TO PROVIDE SUPPORT, INCLUDING FINANCIAL ASSISTANCE, TO FORMER MEMBERS OF THE WOMEN'S ROYAL ARMY CORPS WHO WERE PERMANENTLY EMPLOYED WITH THE ROYAL ARMY EDUCATIONAL CORPS WHO ARE OR HAVE BEEN FULL MEMBERS OF THE ASSOCIATION AND THEIR DEPENDANTS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS (THE BENEFICIARIES), SUCH SUPPORT TO TAKE INTO ACCOUNT ASSISTANCE FROM OTHER SOURCES. D. TO PROMOTE THE MILITARY EFFICIENCY OF THE ARMY AND SPECIFICALLY THE BRANCH INCLUDING, BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, FOSTERING ESPRIT DE CORPS WITHIN THE BRANCH, PRESERVING ITS TRADITIONS AND THOSE OF THE ANTECEDENT CORPS AND MAINTAINING CONTACT BETWEEN SERVING AND FORMER OFFICERS OF THE BRANCH AND FORMER MEMBERS OF THE ANTECEDENT CORPS.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds amounted to £814,083.85 as of 31 December 2024, comprising a General Investment Fund and a designated Benevolent Investment Fund. The charity reported a net increase in funds for the year, with total income of £40,705.68 exceeding total expenditure of £37,362.67. The trustees confirmed that the charity is operating on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees’ agreed policy is that the Benevolence Fund is to hold sufficient assets in an immediate access current account to cover immediate benevolence requirements. The General Fund current account is to hold sufficient assets to meet the provisions of Object 4 and to meet the administrative costs of running the Association.” — page 6
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Suzy Holmeschair
- Colonel Stuart Allen
- David Bornstein
- David William Pittendreigh
- Jennifer Clare Painting
- John Herbert Jenkins
- Jonathan Taffs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £38k |
| 31/12/2023 | £47k | £59k |
| 31/12/2022 | £51k | £51k |
| 31/12/2021 | £36k | £43k |
| 31/12/2020 | £30k | £35k |
Common questions
Is THE RAEC AND ETS BRANCH ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds amounted to £814,083.85 as of 31 December 2024, comprising a General Investment Fund and a designated Benevolent Investment Fund. The charity reported a net increase in funds for the year, with total income of £40,705.68 exceeding total expenditure of £37,362.67. The trustees confirmed that the charity is operating on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.