CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110412023 Period end date 3110312024 Poriod start dato To Charity name: Bound by Veterans Charlty reglstratlon number: 1149583 Objectives and Activities SORP r•f•r•nco Summary of the purposes of the charity as set out in its goveming document Para 1.17 To improve th8 health and well-belng of wounded, injured and sick exaservicemen and women. and offer r88Pite to th08e who care for them by way of free tultlon In the therapoutlc actlvlty of craft bookbindin Bookblndlng tultlon Is offered In carefully structured session8 throughout the year in person at the charity's premises, The Daffodil Barn, Woodborough, a8 wo11 as onlino for tho8• who ar• unabl• to att•nd in per80n. Introductory se88ion8 lead to longer modules of 2-5 days which aré tho bulld5ng block8 of Clty & Gullds quallfications. Attainment of th980 internationally recognised qualifications 18 encouragad to aid confidence, a sense of achievement and help with P8ychologlcal and attitudinal recovery, a8 well as offer a path to working in any bookbindin environment. The Trustees have had regard to the guidanco issued by the Charity Cornmission and are confldent that the service offer6d by the charity meets the requirements for public benefit as dofined by the Charity Commi88ion. Num•rouB t•stlmonlal8 from tho votarans and their families are Bvidence of tho mental health and well-being benefits this vocational activity and training offers. Summary of the main activities in relation to those purposes for the public benefft, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional infonnation (optional) You ma choose to include further statements where relevant about: SORP reference Para 1.38 Poliw on grant making
Para 1.38 Policy on social investment including program relatod investment In addltlon to the Trustses, the charity has four other voluntears who halp to run the charity's activities and further its aims. The charity also has a workshop managèr who Is paid one day a week to maintaln the workshop. materlals and tools and facilitate online sessions. This person's salary is sponsored by The Printin Chari Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP reforonco Ovar the yaar to 31•t March a total of 232 veteran8 ongagod in bookbinding 8ession8 both online and in person. We have seen a resurgence of interest in the in.per8on courses: 154 veterans attended taster 8e8slons with a further 58 veteran8 attending longer C&G cour805 at the Woodborough teaching facility, and 18 completlng online se38lons. We see this a8 a positive sign of rehabilitation and enjoymont of the community and camaraderie of the in-per80n small group las9 offvrpd, Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its ben8ficiaries and any wider benefits to society as a whole. Para 1.20 AS indicatod by the 8tstistic8, Veterans who have taken part in tsster 8e88ions off8r8d through Tedworth House, at vos in Portsmouth and Tribe in Scotland have enjoyed the craft so much they have progressed to attend C&G courses and Show keen Interest In slgnlng up for and achieving C&G qualifications in the craft. 8 veterans achieved their Level 1 C&G certificate and 15 more registered for Levels 1 and 2 qualifications. We are proud that 6 veterans are currently engaged in a Level 3 Diploma which is the highest qualification available in the craft. Testimonials from the veterans speak volumes about the mental health benefits of taking part in theso Ix>okbinding 18ssons.
Employabllity is part of our ethos and to this end we encourage veterans to help on a voluntary basis with fundrai8ing activities. One such was making 70 not•books commissionod by a City of London Guild, where a small team gave up their time and in some case8 travelled long distances to make the book8 which rai88d money for the charlty. Tlmo Sensitive projects such as these are a learning process and have been greatly enjoyed due to tho sense of purpose and the clear beneflts of maklng products to raise money. Addltional Infomiation (optional) You ma ch0068 to includ8 furth8r statem8nts where relevant about: Our objoctlvo is not only to offer tho therapeutlc health benaflts of rnanual bookbinding, but to promote the oducation and employability of veterans. A8 datailed above we have successfully engagod a slgnllScant number of veteran8 in learning a craft which helps them both physically and mentallyi producing work whlch helps thom gain confldence In th•lr abllitles to make achleve and Interact. Wo 4re pleased lo report that all we achlevad all 8pon8or8hlp applied for in this period Achievements against objectives set Para 141 Performance of fundraising activities against objectives set Para 1,41 Investment performance against objectives Para 1,41 Other
Financial Review R8Vl8w of the charity's financial position at the end of thg pgriod Para 1.21 Tha charlty remalns In a healthy financial stste following a very successful year of product salgs, which boostod our Unrestricted funds. Following a quiet yèar In 2022, expanditure on the core operational activity - tuition - was much higher and led to payments that exceeded receipts. Taken over the two years, however, thls wa8 no more than a balancing of income and expenditure and still left adequate funds available at the end of the ear. We hold a small reserve to allow operations to continue in the •v8nt of lack of grants. Tho amount is onough to allow a scaled-down programme whilst the trustees seek addltional grants and on8or8hi Statement explaining the policy for holding reserves Stating why they are hald Para 122 Amount of reserves held Reasons for holding zero resep4es Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 £10 000 nla Para 1.22 Para 1.24 Para 1.23 Damand for our support has risen steadily as the country emargèd from tha Covid pandgrnic, and funding remains adequate despite the Bharp rises in operational and fixed costs. The trustees remain confident and committed to erations ov•r thè Comin fivè ar8. Additional infomiation (optional) You ma choose to include further statements where relevant about.. The charity depend8 primarily on 8ponsor8 and grant-making bodle8 for its income. It does not Soek to rai80 funds by voluntary collectlon8 amongst the public and does not use the service8 of an rofe88lonal fundralsln bod The charity's principal sources of funds (includlng any fundraising) Para 1.47 I nvestment policy and objectives including any social investment policy adopted Para 1.46 The principal risks to the operation of the charlty are1088 of fundlng and lack of volunteer 8UPPQrt. A reBOTve policy is in place to support training for 12 months Should the fornier happen, and we are active in maintaining a healthy body of volunteers to aid our activities. A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's tru$t$'. Type of governing document Para 1.25 Trust Deed How is the charity constituted? Para 1.25 TN8t Trustee selertion methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more truste8S Para 1,25 Appointed by existing Trustees Additional information (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustee8 Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Chari name Other name the chari uses istered chari number Charity's principal address Bound b Veterans 1149583 The Daffodil Barn Unit 2 Woodborough Yard Woodborough Wiltshire SN9 SPF
Names of the charity trustees who manage the charity Datos acted If not for whole ear Trustee name Offlce (If any) Name of person {or body) entltled toa 0Snt trustee If an Board of Trustees Alison Strachan Chair Jonathan Powell Treasurer Board of Trustees Sally Gregory Wendy Lagden Paul Wilson Trustee Board of Trustees Trustee Board of Trustees Trustee Board of Trustees Cor orate trustees - names of the directors at the date the re Dlrector narn• ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dates acted If not for whole ear Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information loptional) Names and addresses of advisers (Optional information)
Type of adviser Name Address Name of chiaf executivo or names of senior staff members (Optional infomiation) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other optional information Declarations The trustees declare that they have approved the trusto05' report above. Signed on behalf of the charity's trustee8 Signaturels) Full name(3) Position {eg Secretary, Chair, 8tc) ALISON STRACHAN JONATHAN POWELL CHAIR TREASURER Date 16.01.2025
CHARITY COMMISSION FOR ENGLAND AND WALES Bound by Vgterans 1149583 Receipts and payments accounts CC16a For the perlod from To 01- r-23 31-Mar-24 Section A Receipts and payments Unrestrlcted funds Restricted funds Endowment funds Total funds Last yoar to the nrn•t to the 1¢•1 £ to the nvareBt £ to thv n•ar¢•t £ to th• n••r¢•¢ £ A1 Re¢elpts Grants Book sales Donations Works10p hire 8oDkbinding Instruthon Interest Other Incorne 16,357 18,307 8.623 2,779 8,623 2,779 1.828 198 166 216 495 174 49J t74 ross Income AR) or 13,704 18.367 30,081 45,408 A2 Asset and Investment salm. (see table}. Total recelpts 30.061 A3 Pa ments Purchases Coursè FeeslTraining Workshop Mana em8nl Rent and rates 1.919 20.453 0.016 4,$36 991 4,262 401 S24 1,919 20,453 8,016 4,536 3.049 17,603 729 4.536 Tr8v*I and Subsistence Pnnling, stationery and adver.$19 Professional lees Maintenance Sun expen3es 4,282 401 524 1,208 456 286 356 Sub total 41.152 41,840 29.318 A4 Asset and Investment urchases see table Sub total Total payments 688 41,152 41,840 29,316 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 13,016 24,79 11.778 16,092 27,746 10,142 37,889 49,668 CCXX R1 accounts (SSI 16108r2024
Section B Statement of assets and liabilities at the end of the period Unrestrictod funds to neamt É Restricted funds to nearest É Endowment funds to neare•t £ tegories Details B1 Cash funds Bank CUTnt account 17.572 10.142 Business Money Manager 10,174 Total cash funds 27,746 10,142 lagrne rE¢xipl¥ 4rKI pwwts Unrestrlcted - funds to nMrn•t É Re8trlcted funds to n••mt £ Endowment funds to n•ave•t E DetLiIIs Fund to whlc •••t b•lon Co•t loptlon•ll Current vilu• tlonal Details B3 Investment assets Fund to whlch a•s•t bolon R&stncted Currtnt val o tlonil De.lails Ethric Guillotsne Id¥al 4855 Co•t loptlonl1 B4 Assets retained for the charlty's own use Fur*d to wttl¢h l•te• Amount du• onal Vlh•n du• lon•1 Details B5 Liabilities Signed by one or two trustee5 on behalf of all the trustees Date of roval Signatu Print Name ison Strachan Chaiwiman 23-Au -24 Jonathan Powell, Treasurer 21-Au -24 CCXX R2 accounts ISSI 1610812024
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Bound by Veterans On accounts for the year ended 31st March 2024 Charity no (if any) 1149583 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 31 March 2- 3£> 24 9V6 R8sponslbilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the TTUSt's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5>(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's 8tatement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. ase te the words in the brackets if they do not apply. Signed: Date: /bMwv2 Name: Tim Burgess Relevant professional qualification(s) or body (If any): Vice Chaimian, Chirton Parish Council Address: Orchard Hous8 The Hollow Chirton, Devizes SN10 3QP IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32. Independent examination of charity accounts: directions and guidance for examiners). Give here brlef detalls of any items that the examiner wishes to disclose. IER October 2018