CHARITY REGISTRATK)N NO: 1074867 COIIPANY REGISTK4TION NO: 3731497 IEngland and Walo•l THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION (A COMPANY LIMITED BY GUARANTEEI DIRECTORS. AND TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION CONTENTS FOR THE YEAR ENDED 31 MARCH 2026 Page Legal and adrninistrative infornan Report of the trustees and directors Report of the independent examiner Statemonl of financial activities Balance sheet Notes fomiing part of the accounts
THE M.M, NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2026 DIRECTORS AND TRUSTEES.. Ms S A Spencer Grey Mr J T Clifford Mr G E Brown SECRETARY: Mrs M Rusling REGISTERED OFFICE: Unit la K3 Busine55 Park 200 Clough Ro&J Hull East Yorkshire HU5 1SW ACCOUNTANTS AND INDEPENDENT EXAMINER: C Accounlants Limited 80 West v Badby Road Selby North Yorkshire Y08 5BD BANKERS: Virgin Money 214 Holderness Road Hull East Riding HU9 2AA
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT AsSoCON REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 31 MARCH 2026 The trustees, who are also directors of the charity for the purp)ses of the Companies Act, present their annual report and the accounts for the year ended 31 March 2026. The a¢¢ounts Comply with the Charities Act 2011, the Companies Act 2C and Accounting and Reporting by Charib'es: Statement of Recommended Practice appllcable to chartties preparing their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Objg¢ts of thg charfty. prlnclpal actlvllles and oryan15ation of our work The charity is constituted as a company limtted by guarantee. and is therefore governed by a memordndum and articles of association. The charity was In)[)8 on the 9 March 1999. The charitys objectives and its wincipal acbvities contlnue to those of providing Immediate and on going support to veterans and their families who have served in the Gulf cOnflt 1990-1991, Iraq 2003- 2009 and Afghanistan 2001-2014. We offer this support to persons who do not have any illnesses or to those persons who are. or have teen. suffeTtng medical or psychiat disorders since Iheir service in any of these conflicts. The charity is organis&J so that the trustees meet regulaty to manage its affairs. The charity has a full time General Manager who manages the day-l04ay operations of the charity, and fvdo further employees, both of whom are part lime. Appointment of trustees is governed by the Arbcles of ihe Company and the Board is aulhorised to fill vacanctes arising through resignation or death of an existing trustee on a temporary basis until the next Annual General Meeting. Developments, actlvltles and a¢hlevements durlng th18 year The financial year 2025-2026 has highlighled the value of fiexible working and digital technologies th8t are embedded into our everyday work practiS. They help support staff mental health and job satisfaction and have increased effic(ency and reduced some costs e.g travel. Whilst remote working is supported, when necessary, staff continue to value working together in the open plan office. Maknng the most of new ways of working has been especially imFQrtant this year as our paKI staff numbers have reduced from 4 to 3 lone full time and 2 part timel, with our finance and administrats'on officer moving on to another organisation. This change, whilst unexpected, was an optx)rtuntty to review rOs, workloads and services and to consider innovative altematives to employing a new member of staff. We also continue lo invest in our bespoke digital Customer Relationship Management {CRMI system. our effective and MplIant data and cybersecurity and IT support to protect againsl dats breaches or cyber-aitacks. We have been in our new prernises for a year now and. on the whole, this is wothing well except fr)r the heab'ng which our first winter here has demonstrated is not as effective or efficient as we had hoped. Thi is a key improvement we ho to address this year and are seeking finanGial sUPPOrt to undertake this work The challenges in the eGonomy and ft)r Ihe Gharity sector continue as forecast last year, and again there 15 no sign at present that the economic squeeze and unpredictability of the seotor will ¢hange in the coming year.
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 31 MARCH 2026 Whilst inflation has fallen lo around 3Yo from the high of 11% reached in 2021, the cummulative effect of rising prices means that the cost of living for many is now much higher than in 2021 and those households struggling before the peak in inflation in 2021 are those who are most severely affected now. Low-income households are still the most affected by rising prices and fo bank and debt advice charities continue to report an increase in demand. There ha5 been an increase in charity registrations for organisations delivering these services. The proportion of working-age adults who cannot afford basic items continues to increase and many househokls have low fnancial resilience and are unable to afford an unexpected but necessary expense. As in previous Yea finanaal hardship is more commonly seen in those wth profites very slmilar to many of our members: those with moderate to severe depresswe symptoms those not in work, not seeking work and not retired those living in the m05t deprived areas of England disabled people The continuing conflicts in Ukraine and Russia. in Gaza ttheen Israel and Hamas and more r?cently in Iran and Jordan continue to have a signfficanl impact on veterans, Including our members, espe¢ially those with mental heatth issues. such as Post Traumatic Stress Disorder {PTSD). Increasing anxiety, PTSD symptoms as well as feelings of guill and helplessness. This year was also the 35th anniversary of the Gulfwar which started on 2nd August 1990 and ended on 28th Fobruary 1991. Over 53.000 UK Amied Forces were deployed playing a major role in driving Iraq forces from Kuwait, with 47 Brib'sh personnel dying as a result of the confliGL We wll remember them. Feedback frow members and donols Gonfim15 the charTils rY)le in supporting GU War veterans and veterans from (rther desert conflicts 2nd that our seNi¢es provide essential supKx)rt and given future predictions, these will continue to be needed. beneYolentfund.o ortin -yeterallf-the If-war-35- rs•onl "As we mark 35 y8ars since the end ofthe Guifwar. 281h Fel)wary. we ar8 proud to highlwht our k)ng-slanding support for th8 National Gulf Vaterans and FaMS Associats'on (NGVFAJ. Sinc8 2002, the Anny B8nevol8nt Fund has awarded over£1 milln to NGVFA, helping to su$t8in rfs opeTrting costs 8nd ks GOTr Welfare 8nd Advocacy sgNKe. This 188t finan¢ial ye8r, wg have awarded a £45,000 gtant to Supwrt tha vital woth Ihe Gharity delivers for veterans and their families. NGVFA Is committed to being a sour¢8 of hope and a$$tance for veternns. some of whom face complex health end so¢i81 challenges. Its woth &mphasises the Importan of communlly, understanding and ptuactive support, ensuring that no veteTrn feels foryotten or unsupported.. Staff and volunteers continue to support fvndratsing and awareness raising events including a number of Amied Forces events throughout the UK.
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION REPORT OF THE TRUSTEES AND DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 The staff, volunteers and members have continued to provide umvavering support, commitment and 98nerosity to the charity as have our donors- and we. the trustees gNe our heartfelt thanks for their sustained help and supporL The charity is a Public Benefft Entity and continues to provide services in line wth its oblHJation5: Preventlon or rollef of poverty The charity continues to provide a wide range of advice regarding available benefits and other financial issues to ils rnembers. The charity provides SUPPOrt and representations lo its members regarding war pension claims, appeal tribunals and benefit claims in ordgr for them to recowe the best possible remunèration. Education The charity has produced a range of information. in both written and electronic form lo advise not only its members and their families bLrt also other individuals particubaty in health care and social seNices. Advan¢emont of health The vast majority of veterans who are members of the charity have significant health problems, the charty provides them advice and support regarding thi5 so that they can be proactive in improving their own health and also be able lo inform individuals in the caring professions about their problems. Over the last few years there has been significant investment in mental health services for veterans and their families in the NHS and voluntary sector and we continue to signFK)St our membeT5 to appropriate services. Social wgllboing Wg conkn'nue lo supwrt our members wth more emphasis than before on social media. telephone an video contact. Future Developments 2025-26 has demonstrated that running costs conb'nue to rise, though our staff are very adept at minimislng this, but there is a narrowng gap befvfftn income and expense. The subdued fundraising environment reported last year continues with both a reduction in donors and reduction in the value of donations made, wth a signiticant reducb'on in individual gNing. Expanding upon wrtual fundraising OPFJOrtunttes through intemet pWOM and digital too15 is suggested in the charity press. aknng with more flexible gNing. both are something lo explore over the coming year. The Charity continues lo be vigilanl regarding the need$ of fts members and the cost of its seNices, we continually monitor and evaluate what we do to ensure that our members are at the heart of everything we do and the decisions that are made. We wlll continue to develop relationships wth potents'al funders and to provkje assurances around go govemance and best pracb'ce. We will conb'nue to promote our public profile nationally and locally sUPPOrting volunteers and members to help us do this effectivety. Fundamentally our objeclNes remain the same, to help support our members together with the wider armed forces and veteran populations.
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION REPORT OF THE TRUSTEES AND DIRECTORS (Contlnued) FOR THE YEAR ENDED 31 MARCH 2026 Trustees Trustees. who are also the Directors for the purposes of company bw, who served during the year were.. M8 S A Spencer Grey Mr J T Clifford Mr G Brown Financlal Revlow The Statement of Flnan¢ial ActNilies shows net expenditure for the year of £203 and our reserves stand al £103,820 In total. Of OUT reseThes £103,338 are unrestricted. Our welfare, support and adrninistration Gosts tor the year lotalled £92,250. as such our unrestricted reserves are just above our tsrgel parameters of be SLK and months of our g&neral running costs. R8seNe$ Polloy The trustees have established a policy whereby the chafity aims to hold unrestricted reserves of an amount equivalent lo behveen six and tsvelve months g6neral running cos15, thus allowng lime for allernatlve funding to be sought should ary major SOUTce of CUTrent fundin9 be k)sl. R15k Management The Iruslee5 actively review Ihe major risks whith the Ghanty faces on a regular basis and believe that maintaining reseeS al ujrrent levels, combined wrth an annual review of the controls over key financial systems. will provide sufficient resources in the event of adver¥e condilions. Our Volunteers The charity beneffts from the support of a small pool of regular volunteers to whom we would like to express our ongoing gratitude. The volunteers assist in Taising awareness of the charity and our fundraising aclNities. Trustees. rosponslbllitlgs In rnlauon to tho accounts The trustees are responsible for preparing the Report ofthe Twstees and Directors and the accounts in accordance with applicable law and United Kingdom AC(Unng Standaryjs (United lQngdom Generally Accepted Accounting Pract[1. Company Law requires the Charity trustees to prepare accounts for each year which glve 8 true and fair view of the stsle of affairs of the chathable tp8fty and of the incoming resources and application of resources. including the income and expenditure, of the charitable wmpany for that per(od. In Preparing these accounts, the trustees are required to.. - select suitable accounting policies and then apply them consistently, - obseNe the methods and principles in the Charities SORP- - make judgements and estimates that are reasonab and prudent.. - slate whether appli¢able UK aG¢ounting slandards have been folbwed, Subj to 8ny material departures disclosed and explained in the accounts. prepare the accounts on the going concern basis unless it is inappr¢)priate to presume that the charty wtll continue in operation.
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION REPORT OF THE TRUSTEES AND DIRECTORS {Continued) FOR THE YEAR ENDED 31 MARCH 2026 The trustees are responsible for keeping proper aG¢ounting records which di5Glose wth roasonabkg accuracy al any time Ihe financlal position of the Charitab company and to enable it to ensure the accounts comply with Ihe Companies Act 2006. They a aLs0 resF)onsible fr)r Safeguarding the assets ol the company and henTr for taking reasonable Steps for the prevention and detection of fraud and other irregularities. This report has been prepared in aGGordanGe with the provisions of Part 15 of the Cornpanies Act 2006 relating to small companies. ONBE BOARD OF TRUSTEES: Ms r Grey Date '. 3 June 2026
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION FOR THE YEAR ENDED 31 MARCH 2026 I report on the accounts of the company for the year ended 31 March 2026, which are sel out on pages 8 to 13. Re8pectlve rn8pon8lbllltles of trnstees and examlner The trustees, Ivjho a also the diwtors of the Charitable company for the purposes of Company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charibes Act 2011 fthe Charities ACY'I and that an independent examination is needed. Having satisfied myseff that the charity is not subject to audrf( under company law and is ellgible for independent examlnatK)n, it is my responsibility to: examine the accoLEnts under sect'on 145 of the Charities Act to follow the procedures laid down in the general Directions gTv8n ty the Charity Commission under sectton 14515){bl of the Charities Act and to ststs whether particular matters have come lo my attention. Basls of Independent exarnlnerfs report My examination was carried out accordance with Ihe general directions given by the Charity Commlssion. An examination includes a reVW of the accounting records kept by the charity and a comparison of the accounts presented with those ords. 11 also includes ¢onsTrderation of any unusual Items or disG105ures in the financial statements, and seekIg explanations from you as Iruslees concerning any such matters. The prcredures undertaken do not provide all tha evidence that would be required in an audit and consequenty no opinKJn is gNen as to whether the ac¢ounts present a'true and fair viev/ and the report is limited to those matters set out in the statement below. Independent examinerfs statement In ¢onne¢tion with my examination. no matter has come io my attenlon lo indicate that accounting records have not been kept in accordance wth stion 386 of the Companies Acl 2006., the accounts do not accotd such records" where a¢oounts are prepared on an a¢cruals basis, whether they fail to comply with relevant accounting requirements under Section 396 of the Companies Act 2006, or 8re not consistent the Charibes SORP (FRS1021 any matter which the examiner believes shoukd be drawn to the attention of the reader to gain a proper understanding of the accounts. Michael oseph Shepherd F.C.C.A KTC Accountants Limited 80 W8st View B8dby Road Selby Y08 58D Dale .' 3 June 2026
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2026 Total 2026 Total 2025 Note8 lund8 fund5 Incomlng r¢$our¢es Donatr'ons, grants and similar Memberships Specif c grants received Respite and open days contributions Fundraising Interest receivable on deposits 79.320 4,635 79,320 4,635 92,951 5.155 8.749 8,749 667 12,519 1,261 Total Incomlng resources 93.371 93,371 111,886 Resources expended Costs of generatlng funds Fundraising costs Charltable expendlture Tribunal Costs Welfare support and administration 1,324 1,324 1,034 326 107,687 92,250 92,250 Total resourc88 expended 93,574 93,574 109,047 Net incoming resources 203 203 2,839 Net movement In funds (203) (2031 2,839 Fund balances at 1 April 2025 103,541 104,023 101,184 Fund balance8 at 31 March 2026 103,338 103.820 104.023
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION REGISTERED NUMBER 3731497 BALANCE SHEET AS AT 31 MARCH 2026 Notes 2026 2025 Flxed Assets Tangible assets 1,219 Currènt ass8t8 Debtors Cash at bank and in hand 2,592 103,083 105,675 2,970 103,360 106,330 Creditors: amounts lalllng due wlthln one year 3,104 3.526 Net curr•nt assgts 102,571 102,8D4 Total assets, l¢ss current liabilities 103,820 104,023 Income funds Reslricled funds 10 482 Unrestricted fvnds 103,338 103,$41 103.820 104,023 For the year ended 31 March 2026 the company was entitled to exempb'on from audit under section 477 of the Companies AGt 2006 relats.ng to small companies. The members have not required tho company to obtain an audit in accordance wth seGtion 476 of the Companies Act 2006. The trustees acknovAedge Iheir responsibility for complying ¥th the requirements of the Act vAth respect lo accounting records and for the preparation of accounts. The accounts have been prepared in accordance with the provisK)ns applicab18 to companies subject to the small companies regime. Onb alf of Spen rGrey- Mrj Approved by the board on .' 3 June 2026
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION NOTES TO THE ACCOUTrS FOR THE YEAR ENDED 31 MARCH 2026 1 Accountlng pollcS08 1-1 Basls of preparatlon The accounts have been prepared under the historlcal Cost Convention and in acwrdance wilh the Accounting and Reporting by Charities.. Statement of Recommended Pracdce applicable to charitles prgparing their accounts in accor(lance Nwth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and th8 Companies AGt 2006. Th8 charity me6ts the definrtion of a public benef entity under FRS 102. 1-2 Incomlng resourcos Income is recognised when the charity has entruement to the fvnds, any performance conditions have been met. It is probable the income wll be recewed and the amount can be measured reliably. 14 Expenditure Expenditure is recognised once there is a legal or GonstruGINe obligation to make a payment to a Ihlrd paty. it is probable settlement will be required and the amount can be measured reliabty. 14 Tanglble fixèd assets Depreciabon is provided at the followng annual ratss in order to write off each asset over its estimated useful life: Office equipment 15% on reducing balance 1-5 Lea81ng commftments Rentals payable under operating aSe$ are charged to the Stalement of Financial Activities ovar the rIOd they a incurred. 14 Fund accounting Unrestricted funds are donations and other incoming resources receivable or geneTrted for the objects of the charity withoLrt further specified purpose and are available as general funds. Restricted funds are to be used for speciftc purposes as laid down by the donor. 2 Donatlons* grants and similar 2026 2025 Running cost grants General donations 73,800 5.520 89,250 3,701 79,320 92,951 Runnlng cost grants: ABF The Soldiers, Charity Veterans. Foundation Queen Marys Roehampton Trust The Grocers Charity The Inman Charity Trust Souter Charitable Trust Opportune FPS 45,000 18,500 10,000 45,000 18,50D 15,000 5,000 3,750 2,000 300 73.800 89,250 10
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION NOTES TO THE ACCOUNTS (Contlnued) FOR THE YEAR ENDED 31 MARCH 2026 3 Welfare 8UPPOrt and administralion 2026 2025 Staff costs .' Welfare. support and a¢fvocacy Staff costs Administration Staff costs .' Promoting awareness and events Telephone, internet and l.T. Postage, stationery and advertising Travel and subsistence Repairs and renewals Accountancy Legal fees RenL rates and power Insurance Depreciation of tangible assets Event Costs and sundry expenses 34,273 12,933 17,460 5,807 1,265 49 42,845 16,168 21,827 7,916 1,252 104 2,520 69 12.351 1,744 215 676 2,592 97 15.700 220 168 92,250 107,687 4 Net Incoming rgsourcgs The surplus of income over expenditure is ststed after charging.. 2026 2025 Depreciation of tangible assets- owned by the charity Operating lease rentals Independent examiner fees- extemal scrutiny Independent examlner fees- accountancy and payroll seNl¢es 220 13,101 312 2,280 215 11,507 300 2,220 5 Employe95 No remuneration or expenses were paKI to the trustees. The costs of the remaining staff were.. 2026 2025 Wages and salaries Social security costs 64,666 79,842 64,666 80,840 No employee received remunerat• of more than £60.CQO in either ye8r. Number of employees The average monthly number of employees during the year was". 2026 Number 2025 Number Management, administration and provision of servicks 11
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 31 MARCH 2026 6 Taxatlon The ¢haritsble company 1$ exempt from corporallon tax on its charitable activities. 7 Tanglble fixed aets orrice equlpment Totals Cost: Al 1 April 2025 Additions Disposals Al 31 Mar¢h 2026 29,247 250 29,247 250 29,497 29,497 Deprnciafjon: At 1 April 2025 Charge for year Disposals At 31 March 2026 28,028 220 28,028 220 28,248 28,248 Net book valuo: At 31 March 2026 1,249 1,249 At 31 March 2025 1,219 1,219 8 Dobtors: Amounts falllng due wlthln one year 2026 2025 Prepayments and accrued income 2,592 2,970 2,592 2,970 9 Creditors: Amounts falllng due wlthln one year 2026 2025 PAYE and social security Trade creditors and accnjed expenses 816 2,288 1,537 1,989 3,104 3,526 12
THE M.M. NATIONAL GULF VETERANS AND FAMILIES BENEVOLENT ASSOCIATION NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 31 MARCH 2026 10 Restricted funds The income fvnds of the charity include restricted funds, comprising the following unexpended balances of donations and grants held on trusl for specific purposes: Balance at l April 2025 Incoming Rosourcgs rosourcos frxpendod Balance at 31 March 2026 Respite and Open Days 482 482 482 482 Respite and Open Days The balan will fund luture resptle and open day costs. 11 Ststutory Informatlon The charity is 8 private limited company, limited by guarantee, registered in England and Wales where the companls registered number is 3731497. the registered office addr8SS is detailed on page 1. 12 Related Party Tran6actlons The ¢harity undertook no rel*ed paty transacb'ons during the year. 13 Golng Concem At the reporting dale the trustees believe there are no material uncertainties about the charity's 8bility to continue for a period of at least 12 months, as such the accounts are prepared on a going concem basis. 13