THE DAME VERA LYNN CHARITABLE TRUST
Income and capital held on charitable trusts at the discretion of the Trustees to relieve need, hardship or distress amongst former members of Her Majesty's Armed Forces and their widows, widowers, dependents and families or for such other charitable purposes may from time to time decide.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £72,465 for the year ended 31 December 2024, resulting in unrestricted funds decreasing from £257,106 to £184,641. The trustees' report indicates that costs, including grants, were significantly higher than income, though cash flow is generally supported by receiving income prior to expenditure. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The main Resource Income stream for the Charity is donations.” — page 5
“The Trustees wish to retain an asset reserve of between £50 - £50,000 which would enable the Trust to run down over a period of six months should circumstances dictate this to be necessary.” — page 5
Trustees
- ALAN TOM JONES
- DAVID EDWARDs
- Deborah Jayne Wilson
- VIRGINIA LEWIS-JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £100k |
| 31/12/2023 | £3k | £16k |
| 31/12/2022 | £987 | £1k |
| 31/12/2021 | £252k | £2k |
| 31/12/2020 | £4k | £5k |
Common questions
Is THE DAME VERA LYNN CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £72,465 for the year ended 31 December 2024, resulting in unrestricted funds decreasing from £257,106 to £184,641. The trustees' report indicates that costs, including grants, were significantly higher than income, though cash flow is generally supported by receiving income prior to expenditure. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.