FORCES WELFARE FUND
See Report and Accounts
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,491,259 at the year end, representing an overall increase in funds of £42,159 for the year. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, noting that while market volatility may temporarily impact demand, it does not pose an existential threat.
What the accounts disclose
“Within a financial year the allocation is capped at the level of the anticipated income but within the constraint of retaining reserve of 50-75% of the rolling 5-year average annual income” — page 3
Trustees
- Richard Jackmanchair
- Brigadier Patrick James Allison
- Dr Alexander Goodwin
- Dr Lydia Brown
- Group Captain Michael Geoffrey Oldham
- Jane Guyer
- Jillian Wright
- Lt Col Daniel John Rawlins
- Lt Col Mark John Robert Nash
- Rev Gary James Birch
- Rev Mark Robert Christian
- Rev Stephen Robbins
- Yvette Christian
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £48k | £34k |
| 31/12/2023 | £45k | £17k |
| 31/12/2022 | £43k | £19k |
| 31/12/2021 | £41k | £34k |
| 31/12/2020 | £41k | £55k |
Common questions
Is FORCES WELFARE FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,491,259 at the year end, representing an overall increase in funds of £42,159 for the year. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, noting that while market volatility may temporarily impact demand, it does not pose an existential threat. Its FY2024 accounts were independently examined.