Royal British Legion
Latest income
£151.0m
Latest spending
£159.6m
Accounts read
FY2025
Form
Unincorporated association
Financial health, per FY2025 accounts
The accounts state that the group reported an operating deficit of £9.1 million before investment gains, resulting in a net surplus of £12.4 million after significant investment returns. The charity holds free unrestricted reserves of £105.7 million, which the trustees confirm is above their agreed minimum target of £85 million, providing a buffer against financial risks.
What the accounts disclose
Related-party transaction: Grant funding provided by the charity to the Poppyscotland Group
“Grant funding of £1.002 million was provided by the Royal British Legion to the Poppyscotland Group (2024: £216,000). In addition, the Royal British Legion made purchases of £210,000 from the Poppyscotland Group in respect of wreaths.” — page 100
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donations of profits from Royal British Legion Trading
“Grant funding of £1.002 million was provided by the Royal British Legion to the Poppyscotland Group (2024: £216,000). In addition, the Royal British Legion made purchases of £210,000 from the Poppyscotland Group in respect of wreaths.” — page 100
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Purchases from NMA (Enterprises)
“Grant funding of £1.002 million was provided by the Royal British Legion to the Poppyscotland Group (2024: £216,000). In addition, the Royal British Legion made purchases of £210,000 from the Poppyscotland Group in respect of wreaths.” — page 100
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Shared office space and services with RCEL
“Grant funding of £1.002 million was provided by the Royal British Legion to the Poppyscotland Group (2024: £216,000). In addition, the Royal British Legion made purchases of £210,000 from the Poppyscotland Group in respect of wreaths.” — page 100
Per FY2025 accounts as filed with OSCR.
Reserves policy: minimum free reserves of £85 million (held: £105.7m)
“the Trustees have resolved that the RBL should hold minimum free reserves of £85 million”
Per FY2025 accounts as filed with OSCR.
Independent examiner: Deloitte LLP
Per FY2025 accounts as filed with OSCR.