ROYAL ENGINEERS ASSOCIATION
Registered charity 258322 · accounts filings on the Charity Commission register · also known as REA, The Sapper Charity · also registered in Scotland as SC041832 (OSCR)
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £11,534,400, which the Trustees consider consistent with their policy of maintaining reserves equivalent to 15 years' operating costs. The charity reported a net expenditure of £529,645 before investment gains, resulting in a decrease in total funds of £67,807 for the year. The Trustees and auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties.
What the accounts disclose
Reserves policy: 15 years' operating costs (held: £11.5m)
“it is the intention of the Trustees to maintain free reserves amounting to a minimum of 15 years’ operating costs (essentially benevolence payments and staffing costs).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with Institution of Royal Engineers (Trustees Hawkins and Eardley are also Trustees of IRE). IRE paid donations of £280 to REA. REA recharged expenses of £175 to IRE.
“The Institution of Royal Engineers paid over donations of £280 to the REA which were transferred during the year. As of 31 December 2024 no balance was owed to the The REA was also recharged expenses paid for by the Institution of Royal Engineers of £175, which was transferred during the year. As of 31 December 2024 no balance was owed by the REA.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Kreston Reeves LLP.
Public fundraising profile: JustGiving — Royal Engineers Association (matched by registered charity number).
Structured financials (annual return, FY ending 31/12/2024)
Reserves (reported)
£11.5m
Reported reserves equal ~70.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Trustees
Trustee list from the Charity Commission register (current, not historical).
Operates in: Northern Ireland · Scotland · Throughout England And Wales
Income and spending
Common questions
Is ROYAL ENGINEERS ASSOCIATION financially healthy?
The accounts state that unrestricted reserves stood at £11,534,400, which the Trustees consider consistent with their policy of maintaining reserves equivalent to 15 years' operating costs. The charity reported a net expenditure of £529,645 before investment gains, resulting in a decrease in total funds of £67,807 for the year. The Trustees and auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties. Its FY2024 accounts were audited by Kreston Reeves LLP.
Who funds ROYAL ENGINEERS ASSOCIATION?
Funders whose own accounts filings name ROYAL ENGINEERS ASSOCIATION as a grant recipient include ROYAL ENGINEERS CENTRAL CHARITABLE TRUST.
Shared trustees with funders
Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE RIFLES BENEVOLENT TRUST.