2025-12-31-accounts

	2025	2024
RestrictedFunds	550,124	£450,988
GeneralFunds	1,672,133	£2,195,438
TotalReserves	2,222,257	£2,646,426

				Notes	|Unrestricted|	|Unrestricted|	Restricted	Restricted	12	12
					funds		funds		months	months
									total	total
									funds	funds
									2025	2024
					£			£	£	£
Incomefrom:
Donations			and	2	855,070}		1,309,138]		2,164,208]	2,168,872
legacies
Charitable	activities			3	2,365,247			-|	2,365,247	|2,266,154
Fundraising			and	4	510,208			-	510,208	356,941
trading
Investment	income				35,260			-	35,260	106,963
Totalincome					3,765,785	|	1,309,138	|5,074,923| 4,898,930
				Notes| Unrestricted|			Restricted		12	12
					funds		Funds		months	months
									total	total
									funds	funds
									2025	2024
						£		£	£	£
Expenditure			on:
Raising	funds&				1,045,538			-|	1,045,538)	1,223,112
expeditions		insupport
ofwounded		veterans
Charitable			activities:		3,243,552|		1,210,002	|4,453,554]		4,004,621
insupport	of		veterans
andtheirdependents
Totalexpenditure				5	4,289,090	|	1,210,002	|	5,499,092| 5,227,733

			Notes| Unrestricted|	Restricted		12		12
			funds	funds		months		months
						total		total
						funds		funds
						2025		2024
			£	£		£		£
Net			(523,305)	99,136]		(424,169)	|)	(328,803)
(outgoing)/incoming
forward resources Transfers between funds Net movement in funds Total funds brought forward Total funds carried			(523,305) 2,195,438 1,672,133	- 99,136 450,988 55,124	- |(424,169) |2,646,426 |2,222,257		| | |	(328,803) 2,975,229 2,646,426

		Notes	|Consolidated	|Consolidated		Charity	Charity	Charity
			2025	2024		2025		2024
			£		£	£		£
Fixedassets		8		-			-	-
Investments		9					1	1
Currentassets:
Stocks		10	3,141	9,119			-	-
Debtors		11	397,789	275,572		418,210		395,707
Cashatbankand			2,193,984	3,054,714|		2,189,750	|	2,866,313
inhand
			2,594,915	3,339,405	|	2,607,960	|	3,262,020
Creditorslessthan		12	(372,658)	(692,979)	|	(409,305)	|	(636,309)
oneyear
Net	current		2,222,257	2,646,426	|	2,198,655	|	2,625,711
assets
Netassets			2,222,257	2,646,426	|	2,198,656	|	2,625,712
Representedby:
Restrictedfunds		13	550,124	450,988		550,124		450,988
Unrestrictedfunds		13	1,672,133	2,195,438	|	1,648,532]		2,174,724
Totalfunds			2,222,257	2,646,426	|	2,198,656	|	2,625,712

		2025	2024	2024
			£	£
Cashflowsfromoperatingactivities:
Netcashprovidedbyoperatingactivities		(895,989)	|(690,682)
Cashflowsfrominvestingactivities:
Interestreceived		35,260	106,962
Change incashandcashequivalents	inthereporting| (860,729)		|(583,720)
period
Cashandcashequivalentsbroughtforward		3,054,714	|3,638,434
Cashandcashequivalentscarriedforward		2,193,984	|3,054,714

	2025	2024	2024
	£		£
NetincomeforthereportingperiodasperStatementof| (424,169)		|(328,803)
FinancialActivities
Depreciationcharged Interestreceived	(35,260)	- |(106,962)	-
(Increase)/decreaseinstocks	5,979	(2,684)
(Increase)/decreaseindebtors	(122,217)	28,032
Increase/(decrease)increditors	(320,321)	|(280,265)
Netcashusedinoperatingactivities	(895,989)	|(690,682)

	Unrestricted| Restricted	Unrestricted| Restricted		Total2025	Total2024
Donationsindividuals	113,529	1,000		114,529	136,457
Donationscorporate	104,343	658,102		762,445	1,071,078
Donationstrusts	66,638	650,036		716,674	732,703
Legacies	599		-	599	42,761
Communityfundraisers	95,686			95,686	61,837
Otherevents	474,274		-	474,274	124,036
	855,070	1,309,138		2,164,208	2,168,872

	Unrestricted	Restricted	Total2025	Total2024
Statutoryfunding	2,365,247		2,365,247	2,266,154

	Total2025		Total2024
Fundraisingevents	496,391		336,839
Sponsorshipandothertradingincome		-	10,000
Otherincome	13,817		10,102
	510,208		356,941

	‘Directcosts	‘Directcosts			Indirectcosts		Total
	Staff	Other	Total	Staff	Other	Total	2025
	£	£	£	£	£	£	£
Pe	473,416)	356,354	829,771|	87,156}	128,611	215,767)	1,045,538
unds
Employment	439,886,	27,825)	467,711)	80,983}	166,250)	247,233	714,944
wana	228,585}	436,995)	665,580)	42,083}	125,118	167,201	832,781
ealt
Wellbeing	10,048)	1,238	11,286	1,850)	3,831	5,681	16,966
Regional	672,261|	117,938	790,199]	123,763)	188,988	312,751	1,102,950
and
Community
Services
OpCourage	T,189,919|	26,949]	1,216,869]	219,064)	349,979)	569,043]	1,785,912
Charitable	2,540,700,	610,945]	3,151,645]	467,743)	834,167}	1,301,910}	4,453,554)
activities
Total	3,014,116)	967,299)	3,981,415)	554,899)	962,778)	1,517,677)	5,499,092
Resources
Expended

	2025		2024
		£	£
Resourcesexpendedinclude:
Auditor’sremuneration- foraudit	22,721		19,800
Auditor’sremuneration- forotherservices	1,977		4,700
Depreciation		-	-
Supportcosts- otherinclude:
PRandMarketing	106,157	|	219,294
Travelandsubsistence	160,311		182,791
Legalandprofessional	115,828|		101,767
IT	131,846		80,992
HRandTraining	12,095		71,851
Officecosts	97,876		71,570
Otherstaffcosts	222,323		44,443
Financecosts	48,630		51,010
Governance	30,765		23,146
	925,831]		846,864

			Directcosts,			Indirectcosts}	Total
	Staff|	Other	Total	Staff|	Other	Total	2024
	fi	f|	f]	f]	f]	f	f
Raising	582,680	287,907	870,58	133,844	218,681	352,525)	1,223,112
funds
Employment	617,036	16,795)	633,831	141,736	147,482	289,218	923,049
Mental	191,170	318,721	509,891	43,913)	71,632)	115,545	625,436
Heatth
Wellbeing	15,609	2,459	18,06	3,585)	4,704	8,289	26,357]
Regional	571,550	128,857	700,40	131,288	122,821	254,109)	954,516
and
Community
Services
OpCourage	945,381	40,729	986,110	217,158	271,995)	489,153}	1,475,263
Charitable	2,340,746	507,561	2,848,307,	537,680	618,634	1,156,314	4,004,621
activities
Total	2,923,426	795,468	3,718,894	671,524	837,315	1,508,839	5,227,733
Resources
Expended

		2025		2024
			£	£
Staffcosts:
Wagesandsalaries		3,066,370	|	3,120,866
National	Insurance	341,363		308,245
Pension		160,908		165,838
		3,568,642	|	3,594,949
		2025		2024
		Number|		Number
Theaveragenumberofemployeesduringtheperiodwas:		83		87
		2025		2024
		Number}		Number
Thenumber ofemployeeswhoseemolumentsexceeded
£60,000	were:
£60,000	-£70,000		5	4
£70,001	-£80,000		2	2
£80,001	-£90,000		1	-
£90,001	-£100,000		-	1
£100,001	-£110,000		1	-

	2025Office|	2024Office
	equipment|	equipment
	andfixtures|	andfixtures
	£	£
GroupandCharity
Cost:
At1 January	0	78,601
Additionsintheyear	0	0
Eliminatedondisposal	0	(78,601)
Asat31December	0	0
Depreciation:
At1 January	0	78,601
Chargefortheyear	0	0
Eliminatedondisposal	0	(78,601)
Asat31December	0	0
Netbookvalue:
Asat31December2025	0	0

	2025	2024
	£	£
Income	62,897	127,681
Expenditure	(60,010)	(137,917)
Netsurplus/(deficit)	2,887	(10,236)

	Consolidated	Consolidated			Charity
	2025	2024	2025		2024
	£	£		£	£
Stockoffinishedgoods	3,141	9,120			-

	Consolidated	Consolidated	Consolidated			Charity
	2025		2024		2025	2024
		£		£	£	£
Tradedebtors	238,958	|	124,631		166,357	112,128
Amountsduefromgroupentities		:			93,022	132,638
Prepayments	95,702	|	69,623		95,702	69,623
Otherdebtors	63,129|		81,318		63,129	81,318
	397,789	|	275,572	|	418,210	395,707

	Consolidated	Consolidated			Charity
	2025	2024		2025	2024
	£		£	£	£
Tradecreditors	79,166	|105,079		79,107	103,696
Amountsduetogroupentities		;	4	94,590	.
Deferredincome	197,152	|462,801		147,152	412,801
Accruals	20,570|	38,964		15,764	33,624
Othercreditors		-| 28,148		-	29,648
Socialsecurityandothertaxes	75,770	57,987		72,692	56,540
	372,658	|692,979	|	409,305	636,309

	Consolidated	Consolidated		Charity	Charity
	2025	2024		2025	2024
	£		£		£	E£
Asat1 January	462,801	486,772		412,801	448,200
Amountreleasedintheyear	(1,666,008)| (1,555,794)			|(1,606,008)	|(1,517,222)
Amountdeferredintheyear	1,400,359]	1,531,823	|	1,340,359	1,481,823
Balancescarriedforwardas at	197,152	462,801		147,152	412,801
31December

			Opening| Incoming	Opening| Incoming	|	Outgoing		Closing
			balance 1					balance31
			January					December
			2025					2025
Restrictedfunds:
Employment.			127,247|	636,079		555,369		207,958
MentalHealth			90,830	309,443		221,435		178,839
Regional	and	Community	219,911	363,615		433,198		150,238
Services
ProjectNova			13,000		:		-	13,000
			450,988	|1,309,138		|1,210,002		550,124
Unrestrictedfunds:
General			945,438|	3,765,785	|	4,289,090		422,133
Designated			1,250,000		-		-	1,250,000
Totalfunds			2,646,426|	4,994,923		|5,499,092|		2,222,257
PriorYearAnalysisof		Funds
			Opening| Incoming		|	Outgoing		Closing
			balance1					balance31
			January					December
			2024					2024
Restrictedfunds:
Employment			173,857	622,775		669,385		127,247
MentalHealth			81,145	85,310		75,625		90,830
Regional	and	Community	211,923	417,493		409,505		219,911
Services
ProjectNova			13,000		-		:	13,000
			479,925	|1,125,578		|1,154,515		450,988
Unrestrictedfunds:
General			2,495,994|	2,523,352	|	4,073,908		945,438
Designated				1,250,000			-	1,250,000
Totalfunds			2,975,919|	4,898,930		|5,228,423|		2,646,426

Funder(basedonincome	Purpose		Funding
received£15,000andabove)			Received
CallofDutyEndowment	Employment		503,102
TheVeteransFoundation	MentalHealth		90,000
TheVeteransFoundation	CareCo-ordination		60,000
ArmedForcesCovenantFundTrust}	NeurodiverseVeterans:Reaching		63,464
	andSupportingArmedForces
	Communities
ArmedForcesCovenantFund	EmbeddingPreventionofVeteran		49,758
Trust	Suicide
ArmedForcesCovenantFund	HiddenVoices:Empowering	Carers	24,902
Trust	throughPsychoEducation
Barclays	Employment		124,000
ABFTheSoldiersCharity	HolisticsupportforArmyveterans		80,000
ABFTheSoldiersCharity	Dedicatedsupportforindividual		15,806
	beneficiaries
ForcesSupportLimited	NorthEastRegionalSupport	:	30,000
	RegionalHubSupport
StJames'sPlaceFoundation	CareCoordinator'ssalary		30,000
RNRMCGreenwichHospitalGrant	|CarecoordinationforRoyalNavy		22,000
	andRoyalMarinesveterans
TheRoyalBritishLegion	Dedicatedsupportforindividual		21,173
	beneficiaries
Lifetimes	Equipmentandtrainingtoprepare		20,637
	veteransforemployment
DrFrenchFoundation	CareCoordinationinNorthLondon		20,000
RAFBenevolentFund	Twodonationsinsupportof	RAF	15,000
	veterans

		Unrestricted		Restricted		Total2025
		funds		funds
Group:
Fixedassets		1			-	1
Stock		3,141			-	3,141
Debtors		397,788			-	397,788
Creditors		(372,658)			-	(372,658)
Cash		1,643,860		550,124|		2,193,984
		1,672,132		550,124	|	2,222,257
Charity:
Fixedassets		1			-	1
Stock			-		-		-
Debtors		418,210			-	418,210
Creditors		(409,305)			-	(409,305)
Cash		1,559,626		630,124]		2,189,750
		1,568,532		630,124]		2,198,656
15.1.	Prioryearanalysis	ofnetassetsbetweenfunds
		Unrestricted		Restricted		Total2024
		funds		funds
Group:
Fixedassets		1				1
Stock		9,120				9,120
Debtors		275,571				275,571
Creditors		(692,980)			-	(692,980)
Cash		2,603,726		450,988)		3,054,714
		2,195,438		450,988	|	2,646,426
Charity:
Fixedassets		1			-	1
Stock			-		-		-
Debtors		395,707			-	395,707
Creditors		(636,309)			-	(636,309)
Cash		2,415,325		450,988	|	2,866,313
		2,174,724		450,988	|	2,625,712

		Asat1 Jan	Cashflows	Asat31
Cashat	Bank	2025 3,054,714	(860,729)|	Dec2025 2,193,984

				Notes	|Unrestricted}	Restricted		12
					funds	funds		months
								total
								funds
								2024
					£	£		£
Incomefrom:
Donations			and	2	1,043,294	1,125,578	|2,168,872
legacies
Charitable	activities			3	2,266,154		-|	2,266,154
Fundraising			and	4	356,941		-	356,941
trading
Investment	income				106,963		-	106,963
Totalincome					3,773,352]	1,125,578	|4,898,930
				Notes| Unrestricted|		Restricted		12
					funds	funds		months
								total
								funds
								2024
					£	£		£
Expenditure			on:
Raising	funds&				1,223,112		-}	1,223,112
expeditions		insupport
ofwounded		veterans
Charitable			activities:		2,850,106]	1,154,515}		4,004,621
insupport	of		veterans
andtheirdependents
Totalexpenditure					4,073,218|	1,154,515	|5,227,733

				Notes| Unrestricted	|Restricted	|Restricted	12
				funds	funds		months
							total
							funds
							2024
				£		£	£
Net				(299,866)	(28,937)	|	(328,803)
(outgoing)/incoming
resources
Transfers		between			-	-
funds
Net	movement		in	(299,866)	(28,937)	|	(328,803)
funds
Total	funds	brought		2,495,304	479,925	|	2,975,229
forward
Total	funds	carried		2,195,438	450,988	|	2,646,426
forward