THE ROYAL ARTILLERY GENERAL CHARITABLE TRUST
TO PROMOTE AND INCREASE RECRUITMENT EFFICIENCY AND MORALE IN THE ROYAL REGIMENT OF ARTILLERY AND ITS MEMBERS WHETHER REGULAR, SPECIAL RESERVE, TERRATORIAL OR TEMPORARY 2) RELIEF OF POVERTY OR DISTRESS AMONG PAST, PRESENT OR FUTURE MEMBERS OF ALL RANKS OF THE ROYAL ARTILLERY AND THEIR FAMILIES AND DEPENDANTS OF ANY DECEASED MEMBER AS AFORESAID
Financial health, per its FY2024 accounts
The accounts state that the charity achieved its objectives by making financial grants to other regimental charities, with total income and expenditure both increasing to £686,094. Per the trustees' report, the charity distributes all incoming resources annually and holds no reserves as it employs no staff and has no liabilities or creditors. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trust distributes all its incoming resources, which comes from donations, on an annual basis. It has no need of reserves as it does not employ staff and has neither liabilities nor creditors.” — page 5
“Maj Gen Cullen who is paid a consultancy fee by RAGCT in his capacity as Controller Royal Artillery, is Chairman of the RAI and RACF boards of Trustees.” — page 17
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £686k | £686k |
| 31/12/2023 | £679k | £679k |
| 31/12/2022 | £674k | £674k |
| 31/12/2021 | £688k | £688k |
| 31/12/2020 | £669k | £669k |
Common questions
Is THE ROYAL ARTILLERY GENERAL CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved its objectives by making financial grants to other regimental charities, with total income and expenditure both increasing to £686,094. Per the trustees' report, the charity distributes all incoming resources annually and holds no reserves as it employs no staff and has no liabilities or creditors. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ARTILLERY INSTITUTION LIMITED | 1 | £1.3m |
| THE SUNRISE (SIDMOUTH) CHARITABLE TRUST | 1 | £7k |
| NICK JENKINS FOUNDATION | 1 | £5k |
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £500 |
Charities like this
- ROYAL ARTILLERY CHARITABLE FUND
- ROYAL ARTILLERY INSTITUTION LIMITED
- ROYAL ARTILLERY MUSEUM
- THE ROYAL ARTILLERY ASSOCIATION
- THE ROYAL LANCERS CHARITABLE TRUST
- KING'S ROYAL HUSSARS REGIMENTAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL ARTILLERY GENERAL CHARITABLE TRUST | £686k | — | 0 | below | — | no doubt |
| ROYAL ARTILLERY CHARITABLE FUND | £1.8m | — | 0 | above | 0.6% | no doubt |
| ROYAL ARTILLERY INSTITUTION LIMITED | £951k | — | 0 | above | — | no doubt |
| ROYAL ARTILLERY MUSEUM | £825k | — | 0 | above | — | no doubt |
| THE ROYAL ARTILLERY ASSOCIATION | £277k | — | 0 | above | — | no doubt |
| THE ROYAL LANCERS CHARITABLE TRUST | £231k | — | 0 | unclear | — | no doubt |