THE VICTORY (SERVICES) ASSOCIATION

Registered charity 261307 · accounts filings on the Charity Commission register · also known as THE VICTORY (SERVICES) ASSOCIATION LIMITED, THE VICTORY SERVICES CLUB

Residential Club for Servicemen and Women both serving and ex-service and their families providing accommodation,restaurants,conference,banqueting,exhibition and social events to members and others.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£11.9m
Latest spending
£10.9m
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity closed the financial year with a strong cash position of £4,245,922 and total unrestricted reserves of £9,432,134. Per the trustees' report, the charity generated a net surplus of £966,929 and maintains a reserves policy target of twelve months of operating costs, which it has exceeded. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Catering and accommodation (69% of income)
“Catering and accommodation 8,199,965”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: twelve months of operating costs (currently calculated at £10.9m) (held: £9.4m)
“The Charity’s unrestricted reserve to cover business downturn, property and staff risk would be built up to twelve months of operating costs (currently calculated at £10.9m);” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: VSC (Trading) Limited (the subsidiary) owed The Victory (Services) Association £410,849 (2024: £2,330,224).
“At the year end VSC (Trading) Limited (the subsidiary) owed The Victory (Services) Association £410,849 (2024: £2,330,224). There we no other related party transactions. Payments from VSC (Trading) Limited to parent charity for shared resources Profits donated by VSC (Trading) to The Victory (Services) Association” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: VSC (Trading) Limited
“The Association holds 100% of the share capital of VSC (Trading) Limited, registered number 03532841. This company is responsible for using the Association’s facilities and resources which fall outside the charitable objectives of the Association by generating income to support the charitable objectives.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith. Discloses 4 of 6 completeness components.

Corporate structure

VSC (TRADING) LIMITED — per its own Companies House accounts
  • Turnover: £1.3m
  • Profit before tax: £135k
  • Donated/gift-aided to the charity: £154k
  • Note 5 discloses £410,849 (2024: £2,330,224) in creditors for amounts owed to group undertakings.
“Distributions to parent charity under gift aid”

Public fundraising profile: JustGiving — The Victory (services) Association (Victory Services Club) (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

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

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£11.9m
Total spending
£10.9m
Cost of raising funds
£1.7m
Reserves (reported)
£9.4m
Employees
145

Reported reserves equal ~10.4 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (81% 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: 14.5% 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: City Of Westminster

Income and spending

Financial year endIncomeSpending
31/03/2025£11.9m£10.9m
31/03/2024£11.2m£9.9m
31/03/2023£9.5m£8.6m
31/03/2022£6.2m£6.2m
31/03/2021£2.7m£5.4m

Common questions

Is THE VICTORY (SERVICES) ASSOCIATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity closed the financial year with a strong cash position of £4,245,922 and total unrestricted reserves of £9,432,134. Per the trustees' report, the charity generated a net surplus of £966,929 and maintains a reserves policy target of twelve months of operating costs, which it has exceeded. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Moore Kingston Smith.

Who funds THE VICTORY (SERVICES) ASSOCIATION?

Funders whose own accounts filings name THE VICTORY (SERVICES) ASSOCIATION as a grant recipient include NUFFIELD TRUST FOR THE FORCES OF THE CROWN, THE ARMY CENTRAL FUND.

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 CROWNFY2023£991kVictory Services Club
THE ARMY CENTRAL FUNDFY2023£69kClub support
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2023£50kCapital grant - Royal Air Force

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 UNION JACK CLUB.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE VICTORY (SERVICES) ASSOCIATION£11.9m——unclear—no doubt
THE UNION JACK CLUB FY2024£12.5m£130,001 - £140,0008above—no doubt
VICTORY BIBLE CHURCH INTERNATIONAL FY2024£2.6m£60,001 - £70,0001above—no doubt
VICTORY CHRISTIAN CENTRE (THE CHURCH) IN FELLOWSHIP WITH ASSEMBLIES OF GOD FY2025£174k—0within—no doubt
VETERANS AID FY2025£2.2m£90,000 - £99,9994unclear—no doubt
VICTORY IN CHRIST MINISTRIES FY2025£130k—0unclear—no doubt

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