REGISTERED COMPANY NUMBER.. 08479090 (England and Wal•sl REGISTERED CHARITY NUMBER: 1154429 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 FOR VETERANS OUTREACH SUPPORT Gibson Whitter Chartered Ac¢ounlanls and Chartered Tax Advisws Larch House Parklands Business Park Denmead Hampshire P07 6XP
VETERANS OUTREACH SUPPORT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Page Report of the Truste•$ 1 to 12 Ind•pondont Examlnels Report 13 Statement of Flnanclal A¢tlvltl8s 14 Balance Shoat Cash Flow Statomont 16 Notgs to the Cash Flow Statement Notes to the Financial Staternents 18 to 28
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 The trustees who are also dlr8Ctors of the charity for the purposes of the Companies Act 2006, present their report with the finanaal statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charflies.. Statement of Recommended Pradice applicable to chartties preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20191- CHAIR'S INTRODUCTION 2024-25 was a year of both progress and psSUre for Veterans Outreach Support. Demand for our services grew. particularfy in our clinical and welfare work, and we slrenglhened our ability lo respond by se¢uring QMVMHS accreditslion. building new partnerships and launching Thrive Together South East. Al the same lime, a shortfall in core income and continued economic uncertainty highlighted the importance of the rinancial resilience strdnd of our new 2025-30 strategy. Over the year our teams delivered more than 900 hours of clinical support. handlod increaslng numbers of complex welfare cases, and offered a rich programme of social groups and wellbeing activities in Portsmouth. the Isle of Wight and the surrounding areas. Our volunteers contributed over 10,000 hours of input, and our delivery partners continued lo bring specialist expertise inlD our Drop-lns and oulre8ch work. We were parb'cu18dy pleased to see veterans and families from under-seNed groups including Merchant Navy seafar8rs and f8mal8 v81grans- beginning lo bgnefit from our larget8d outreach. Thls was also a year in which VOS'S volc8 was heard mor8 widely. W8 were awarded the Employer ReCOgniOn Schemg Gold Award, electe(J to the Cobseo Executive Committee and began the process of appointing a high-calibre group of patrons, starting with our first Merchant Navy patron, Captsin Louise Sara MNM. These developments, alongside our leadership of the Thrive Together South East portfolio. reflect our strategic ambition lo combine high-quality local delivery with responsible regional and national leadership. Financially, the Charity ended the year with a modest overall surplus but a deficit in core operations, underlining the need to grow unreslricled income and rebuild reserves. Steps have already been taken to a¢Jdre5s this through a r8ViS8d structure, recruilmenl to key posts, investment in Systems and a renewed focus on fundraising diversification. None of this would be possible wilhoul the dedication of our staff, volunteers, delivery partners and funders, and the trust placed in us by veterans arid their families. On behalf of the Board, I would like to thank everyone who has corilribuled lo VOS over the past year and to comm8nd this report as a record of what we have a¢hieved together and a slalernent of intent for th8 years ahead. Lt Cdr John SuvierRN (retd) Chairman of the Board of Trustees Vetèrans Outreach Support Page 1
VEfERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 OBJECTIVES AND ACTIVITIES Charltable Objects Veterans Outreach Support IVOSI exists to pr8S8rve and protect the mental health and wellbeing of Armed Forces veterans and former members of the Merchant Navy and their familie5, and lo relieve need by providing assessment, treatment, support, advic& and advocacy. The charity may a150 undertake other activities that, in the opinion of the trustees, further this objective. Vlslon and Mlsslon Our vision is lo be acknowledged as the exemplar of high quality, holi51ic and inclusive sUPPOrt to the Armed Forces and Merch8nl Navy veteran community, ensuring no veteran nor their f8mily is left behind. Our mission is to support veterans and their families through the provision of direct welfare. wellbeing. and clinical services. exerclsed through regional and national collaboration, and rooted in local delivery and strong partnerships. Who we Gerve VOS supports veterans from the Royal Navy and Royal Marines, the British Army. the Royal Air Force and the Merchant Navy, both Regular and Reservist, and their close families Ispouses, partners. carers). In line with our 202&30 strategy, we are placing particular emphasis on under-served groups such as Merchant Navy seafarers. female veterans and carers. who can be harder lo identify and support. We focus on those facing challenges such as poor mental health. social isolation. financial or houslng insecurity, physical health issues and difficulties navigating civilian services. How we work Our work is organised through four service pillars and one regional programme= Care- clinical and psychological suptjort to improve mental health and functioning. Welfare- practical support w(th benefits, housing, debt and other welfare needs. Delivery - socAal groups, wellbeing activities and community outreach lo reduce isolation and buit peer support. Exec Gov- govemancE, firiance, HR and compliance for safe, effective services. Thrive Together- a regional partnership programme impToving access lo mental health and wellbeing support for veterans and farnilies across SE England. These pillars fomi the framework for our 2025-30 strategy. Over this period we aim to consolidate VOS as a centr& of excellence in veterans, mental health and welfare, a trusted regional systems leader, and a resilient charity with a strong volunteer base and sustainable funding. Monthly Drop-lns Monthly Droplns in Portsmouth and Newport, Isle of Wight, remain a key gateway into our services. At these Drop-lns, veterans and family members can access.. General welfare and wellbeing support from around 40 delivery partntsr organisalions. A WelmIng social environment with refreshrnenls and peer support delwered by trained volunteers. On-site mental health triage provided by the Care team and clinical partners Publ1¢ Benoflt In setting our objectives and planning our activities. the trustees have had due regard lo the Charity Commission's general guidance on public benefit We believe the charity provides clear public benefit by.. Improving veterans. mental health and wellbeing. enabling them lo function better in daily life, work and relats'onships Reducing crisis, homelessness and finanryal risk through early interv6ntion and practical welfare support Strenglhenlng families by recognising and supportlng carers and family members Enabling veterans lo partlcipate more fully In their communsties, contributing their skills and experience Our services are open lo all who meet the eligibility criteria. with no requirement for any payment. and we actively reach out to under-5erved groups to ensure equitable access. Page 2
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 ACHIEVEMENTS AND PERFORMANCE Wellbeing Activities Examples of our activities and outreach can be found on our website www.vosuk.org and across our soaal media channels on Facebook, Instagram and Linkedln. Care- cllnlcal and mental health support Demand for our clinical services continued to grow. During 2024-25 the Care team delivered 910 hours of clinical activity, up from 632.55 hours last year - an increas8 of approximately 44%. Veterans and family members accgssed triag8 al both Portsmouth and Isle of Wight Drop-lns, psychiatric assessment and review. psychological assessment, a range of evidence-based Ihorapies lin¢luding EMDR, CBT, trautna-focused CBT and counselling) and slabilisakn'on inlgnigntions such as coping strategies, grounding techniques and Mental Health & W8llbeing "Cuppa & Chats Session8 were offgred in person, by telephone and online. mproving accessibility for those wlth moblllty, work or caring constraints. Cllnl¢al Outcomos During the reporting peri1, therapy outcome measures were reviewed for a sample of 10 service users who completed therapy. Slandardised measures were used lo ass8ss anxiety (GAD 71, depresslon {PHQ 91 and trauma related distress IIES Rl al th8 start and en¢J of therapy. The outcome data shows that all seNice users in the sample experienced improvements In their mental health. with many showing notabl8 reductions in symptoms by the end of therapy. Several individuals moved from moderate or sèvere levels of distress lo mild or miniTnal symptoms. Improvements were seen acr058 anxiety, depression and trauma related symptoms. Even where some difficulties remained. every Se1 user in the sample made progres5. demonslraling the positive impact of the therapy provided. These results indicate that the therapy service is effectwe and benefiaal, supporting improved wellbeing and recovery for those accessing support. These intenientions helped veterans better understand their mental health, manage symptoms and re-engag6 with family life, work and the wider community. Qualitative feedback from participants was consistenuy strong. For example, 100°/o of those attending stabilisalion sessions strongly agreed that the sessions gave them coping strategies they could use in daily lrfe. Veterans described Cuppa & Chal as providing "huge upliff, during 'an unbearably difficult lime" and reported feeling more able to cope with grief and anxiaty following CBT and counselling. strengthoning clinical quality and partnerships We strengthened our clinical quality and governance this year. On 13 May 2025 VOS was awarded Quality NeOrk for Veterans Mental Health se5 IQNVMHSI accredilalion by the Royal College of Psychiatrists, recognising that our clinical services meet a9reed national standards. This accreditation is a comerslone of our 2025-30 strategy, to ernbed nationally recognised standards and strengthen our clinical governance. In partnership with PTSD Resolution, we estsblished a new trauma-focused therapy pathwayfor veterans and families, extending our reach across the Thrive Together region, complementing existing NHS provision beyond VOS'S direct resources. VOS also took initial steps lo loln the Triangle of Care accreditation pathway, becoming the first armed forces charity lo do so in Sept 2025. Led by our Families and Carers Outreach OffIr and Head of Care. this will help ensure carBrs are recognised. informed and involved appropriately in care. and will SkJPPOrt our applications lo extend family-focused work. including an AFCFT 'Family Focus, grant. ongside our plannad participation in the Triangle of Care accredilalion pathway for carers. this demonslrales our intention to lead by examplo in veterans, mental health, with practical benefits for carers as well as service users. Page 3
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY2025 Physical h8alth ongside mental health. we began to address physical health more proactively. In February 2025, eight service users look part in a pilot health screening day delivered with the Mary How Trust, receiving a detsiled health assessment (including health questionnaire, dietary and lifestyle consullation, diabetes risk assessment, physical observations, blood tests including PSA for men aged 40-79, FIT bowel screening, urine dip test, abdominal ultrasound scan and pelvic scan for famalèsl and pgrsonalised action plan, with results shared with GPS wh8re consent was given. Based on the very positive service user f&8dback, we are working with participants lo develop Indlvidual health care plans and plan lo repeal and expand this offer with the Mary How TTUSI. Welfar•- pradlcal and flnanclal stablllty It h85 been another busy and productive year for the VOS Welfare team. We continued lo offer informal support al monthly DTOP-Ins in Portsmouth and the Isle of Wight, where veterans can receive quick advi or raise new concerns, and we provided more intensive casework for those with complex needs. Over the year we handled 96 individual cases. many complox, representing a 350/0 incrtsase on the previous year. The majority of those we supported were ex-Army veterans. followed by individuals from the Royal Navy, Royal Air Force. Royal Marines, Merchant Navy and their partners OT carers. Of the veterans we assisted, 64 were of working age and 32 were older. reflecting both Iransition-related challenges and issues arising later in The most common reasons for seeking SUPPDrt remained War Pension and Armed Forces Compensation Schemfr claims, Personal Independence Payment IPIPI applications lincluding Mandatory Reconsidarations and appeals), and transitions beeen benefits such as Employment Support Alowance and Universal Credit. We also helped veterans with housing and homelessness. debt, access to health and social care, and unclaimed prgs@rved pensions, often coordinating support across multiple agencies. Many cases requid urgent action, particularly where housing and benefits issues risked homelessnoss. We slrenglhened partnerships with Portsmouth City Council. the local DWP Afmed Forces Champions, Probation and Portsmouth Adult Seryices, helping secure better and faster outcomes for veterans. Joint working with Op COURAGE, particulady on the Isle of Wight, ensured that those with combined mantal health and welfare needs received coordinated supporL To increase responsiveness, we became an aulhorised Teferrer for The Veterans Charity Icharity Règislralion.. 1123149). enabling rapid, one-off help such as emergency groc&ri8s or travel costs when other grant processes would be too slow. VOS is also contributing to th8 national Common Assgssmenl Approach co-production inilialive, with the Royal Marines Assoc4alion, which aims lo simplify referrals across sectors and reduce the burden on veterans of repgaledly rolelling their story. Int¢gratod ¢are Slrenglhening joint working beeen Welfare and Care has been a deliberate strategic priority. By sharing insights and undertaking joint reviews, the teams are providing more responsive and Irauma-informèd support for veterans whose mental health. housing and financial issues are closely intertwinad. reducing the risk of fragmented care and improving outcomes. DelNery- soclal connectlon. actlvltles and volunteers Our Delivery work is driven by VOS'S values of being accessiblo, together. responsive, reflective. rgcovery-oriented and user-centred. We airn lo ensure: A safe, friendly, sociable and accessible Drop-ln Professional. evidence-based mental health support - Trustworthy'one-slop. access lo partner services Strong engagement of Servi Ljsers and family members Inlelliganl and securg use of infomiation Throughout 2024-25 the Delivery team on the mainland and Isle of Wight actively engaged veterans through a diverse programme of soci81 groups, wellbeing activities, outreach and events. Page 4
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 So¢lal group$ W&ekly soci81 groups in Southsea and Slubbinglon continued to grow, typically attracting around 20 attendees in Southsea and up lo 40 in Stubbinglon. On the Isle of Wight, weekly groups ran in Cow8S, Sandown, Brighslone 8nd Freshwater, collectively seeing around 60 service users each month, with 20-30 attendees al ea¢h venue. W¢llb•lng a¢tlvltles Over the course of the year we delivered a wide range of activities, including new inilialives such as the 'Page Turners. book club, survlval skills days, Chinese craft workshops. mobility classes, walking football, fossil-hunling trips and a user-led pantomime group. Established faVouteS such as the VOS singlng group continued to flourish. performing al community events and supporting veteran5' confiden, routine and Sense of purpose. Highlights included hosting the Chelsoa Pensioners, Joining Forces collaboration with emergency servi5 and showcasing the VOS singing group al Havant Borough Counal. Summer activities included picnics al Fort Victoria and other sniC spots, slnglng group, skittles, quiz evenings, book club and a private tour of the D-Day Tunnels. Participation in wider events including Arnied Forces Day Iboth mainland and Isle of Wighll, VE Day commemorations, Riverfesl, National Pride, the Fareham Community Showcase, HMNB Families Day, Royal Isle of Wight County Show and Ihe'LeVs Talk About Suicide. event in Victoria Park Portsmouth- helped raise VOS'S PTofil@ and colebral8 v8lerans' contribution. Strategic usa of villag8 halls on tha Isla of Wight improv8d cosl-efficiency and created welcoming veteran-only spas. Volunteers Volunteers remained central lo this work. During 2024-25, 38 trained and DBS<leared volunteers regularfy supported monthly Drop-lns and social groups on both sides of the Solent. In lolal they contributed 10,680 hours of time, with an estimated value of £143.646 - support without which our operations would not be sustainable. VolunleeTS welcomed participants, managed front of house, facililaled activities, recorded data, represented VOS al community events and helped raise awareness in public spaces such as supermarkets and at extemally organised events. We invested in volunteer development. providing training on mental health, dementia, domestic abuse and safeguarding, and invited volunteers lo contribute blogs and other content lo our wobsite and soaal m8dia. The Portsmouth and IOW Droplns are backed by a dedicated volunteer team. They manage the front of house, offer social support, and ovgrsee the engagemgnt of setvice users with delivery partners. Some team metnbers lead weekly social and activity groups while others represent VOS at various information events and public displays throughout the year. Volunteers remain central lo our future. The recruilmenl of a dedicated Volunteer Coordinator and Head of Operations, as set out in our 2025-30 strategy. is designed to sustain and grow this vital contribution. improve coordination across Hampshire and the Isle of Wight. and support safe expansion of our wellbeing and outreach work. National profile and thought leadershlp Our 2025-30 strategy commits VOS lo combining high-quality local delivery with a stronger national voice. During the year. the charity's profile and influence grew through recognition such as the MOD Employer Recognition Scheme Gdd Award and election lo the Cobseo Executive Committee, alongside th8 appointment of our first patron, Captain Louise Sara MNM. These developrn8nts sil alongside our delivèry work and help ensure the experiences of our beneficiaries infomi wider policy and practs'c8 for v8terans, induding small and often overtooked groups such as the Mer¢hanl Navy community. VOS staff and volunteers proudly represented the charity at a varièty of events across the region, generating over £1.300 in donations during the summer quarter alone. as well as broader interest in and awareness of what VOS does. Page 5
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Dellvery Partners Our Drop-lns continued to benefit from the regular 8ttendance of more than 30 delivery partners, including national, regional and local charities, statutory services and specialist providers. These partners offer exp8rtis8 on welfare, housing. employment, physical and mental health. carers, support, addiction. finances and more. Th& monthly Drop-lns have seen regular attendance from over 30 representatives from partner charities and organisations, delivering general welfare support and advice to service users. Both Portsmouth and the Isle of Wight have welcomed several new delivery partners throughout 2024-2025, joining our existing neork each month.. AFCOT- Amed Forces Community Outreach Team. Age UK - providing advice lo older veterans. A]abaré- supported acGommodalion for veterans. Alcoholics Anonymous - personal recovery. Andy Man's club- support group for men. Andover Mind - supporting carers in the UK. Blesma- assistance for those who have suffered life-changing limb loss or the use of a limb, an eye or loss of sight. Blind Veterans- Eyesight and hearing support. Citizens Advice- debt. money and benefits advic8. Combat Stress - residential mental health support. DWP- 8enefits and Pensions. DMWS- Defence Medical Welfare SeNicg. Enable Ability- Disabled adults and children in th& Portsmouth 8rea. First Light Trust- community café and welfare aclvice. Fighting with Pride- LGBT+Velerans. setvice personnel and their families. Footprint Trust IOW- support with energy issu8S. Forces Employment Charity- helping v&terans find and apply forlobs. Gamcare- support for gambling addiction. Hampshire County Council Forces Represenlallves Portsmouth. H8lp for Heroes - lifelong support of WIS veterans. Hounds for Heroes - Provides benefit through specially trained assistance dogs. IOW Council, Veterans Champlion - Information sharing. Inclusion Hampshire & IOW- substsnce fflisuse Ireatrllent and recovery. Legal Clinics- provided by Knlghts {Armed Forces leaml. Living Well Early Help IOW- Housing, welfare support. NHS Hampshire Court Liaison and Diversion Service - support in the criminal justice system. Op Courage- mental health support for veterans. Peeraid - gambling advice service Portsmouth Carers Centre (Carers UK) - support for all carers in Portsmouth. Portsmouth City Council Wellbeing team - wellbeing activities in the local communlty. Portsmouth Water- providing advice for clients of the water ullltty. Prostste IOW- provide testing for free and support. RBL Brighslone IOW- welfare support. RBLI Lifeworks - LFfeworks is a free erllploymenl support programme for veterans. RFEA- renamed to The Forces Employment Charity- employment support and training. RAF Benevolent Fund- welfare b8nevolence for the RAF family. RhAC - Royal Marines Charity RNA- Royal Naval Association- Welfare supporL RN Benevolent Trust- welfare benevolence for the RNIRM farnily. Rowans Hospice Living Well- support for veterans and familie5 with life-limiting illness. Royal Maritime Hol&l- VOS HQ and principal delivery partner. Sam8ril8ns- emotional support. Shore Leave Haslar-horticullural therapy project in Royal Hospital Hawser Memorial Garden. Solent Mind - mentsl health support in the Solenl region. SSAFA- welfare support. advice for those in Hampshire. outside of Page 6
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 St Mary's Hospital IOW- Veterans Awareness. The Pinancle Group-18ading provlder of servlc8 famllies accommodation. Tuppenny Bam- Horticultural Therapy and commun1ty based work. Ulillta - providing advice for cilents of thelr energy services Dallvery Partnors Code of Conduct A Code of Condu¢l @nsures that Delivery Partners share VOS'S values and can be regarded as trusrthY for our service users. All Dellvery Partners are invlted to slgn up lo the Code, by which they agree lo a range of points from regular attendance, to behavioltr. standards, provision of insurances. safeguardin9 an(J other matters. Thrlvè Toggth•r South Ea$t- Partnershlp In Mlnd Thrive Together South East, also known as Partnership in Mind. made significant progress during the year in developing and launching the programme. Phase 1. from April lo September 2024, focused on consultation and design and was supported by a £133.369 grant from the Armed Forces Covenant Fund Trust IAFCFTI. A public event in May 2024 attracted neady 100 attendees. and surveys distributed across the region received 380 responses from veterans. families and carers. The independent No Wrong Door report found that 850/0 of veterans did not know where or how to access the mental health and wellbeing support they needed. Survey findings from organi5alions reinforced this picture, highlighting uncertainty about provision and limited understanding of pathways into care. These insights informed our successful bid to AFCFT, securing the maximum available programme grant of £900,000, with the first paym8nt r8c8iv8d in October 2024. FDllowin9 an open Expression of Interest process, the VOS Board approv9d partnership agreements in December 2024 with the Veterans Community Neork. Kent Arts and Wellbeing and the Defence Medical Welfare Service IDMWSI. These partners now deliver the Pathfinder Support Service and the Female Veterans Project, and the programme was formally launched in February 2025 with keynote contributions from General The Lord Richards (now Field Marshall and AFCFT CEO Anna Wright. D81ivery in the first year has been encouraging. By JLJn8 2025, DMWS was supporbng female veterans and delivering Pathfinder. while the Veterans Community Netsvorf( was running lunch and learn weblnars with GP practices to improve awareness of veterans. needs and available support. We also seconded a Network and Partnership Development Manager to accelerate cluster development, identffjied Aliance for Better Care CIC as the preferred portner for the central region. and appointed a dedicated Families and Carers Outreach Officer. The programme is already slrgngthening collaboration, Improvlng understanding of local provision and beginning to close access gaps for undfjr-seNed groups, including fernale veteians.11 is a flagship part of our 2025-30 strategy to prowde no wrong door access lo mental health and wellbeing 5UPPOrt across the region. Wider engagement dijring the year included regional NHS planning, work with Hampshire and Isle of Wight NHS Trust, national collaboration with other portfolio188d8 and outreach at events across the South East. Page 7
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 ACHIEVEMENTS AND PERFORMANCE Marketing and communications The VOS website enables the charity to comrnunicate its seTV$S and support, champion the charitys partners, share news, blogs and updates. and further VOS'S mission and vision by reaching more beneficiaries. Additionally. VOS has invested in a more consistent and collaboralivo social media engagement plan,. and lacknowlgdging that not all our target audianc8 is on social medial managing a proactive approach to funning ads or reaching out into local magazine5 and newspapers. Fundlng VOS received generous funding from a number of grant makers and donors during th8 reporting period. A breakdown of the grant funding awarded during 2024-25 is as follows.. Armed Forces Covenant Fund Trust Royal Navy and Royal Marines Charity Greenwich Hospital The Seafarers Charity Roy81 Naval Bènevolènt Trust - Queen Ma$ Roehamplon Trust TrSnity Hous8 Maritlme CharSty £363,901 £81.000 £50,000 £20,000 £16,415 £12,000 £10,000 Other support and donations have been gratefully received from Exlon Church, Hants & IOW Masonic Lodges, HMS Hemes Association, The King's Theatre Portsmouth. Portsmouth Lottery, Queen Alexandra RN Nursing Association, Sl Ann's Church IHMNB Portsmouthl, Association of WRENS, BGF Foundation, URNU Solent, Practice Plu5 Group, a number of donation5 frorn individuals, collections al individual events, donations vl8 online platforms Such as Just Giwng, Charities Trust. CAF Donate. Much Loved and PayPal. VOS is grateful for all donations received and for the work Involved by Staff and Volunteers who represent VOS, ralsing both funds and awareness at local events. The charity is a150 indebted to the Royal Maritime Hotel IRMHI for the provision of Offi space. therapy and function rooms at discounted rates, and for the partnership il has with VOS. From the establishment of the charity to the period covered in this report, VOS would not have achieved what it has without this strong and critical support. Page 8
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 FINANCIAL REVIEW Flnancial posltl¢n This has been a challenging period for VOS, we ended the year in a fair financial position. There was an excess of income over expenditure of £47,881. As in the previous year, operating costs have risen, reflecb'ng a national trend, whilst income from traditional funding sources have not generally taken this inflation into account. Th8 lolal funds brought forward from 31 July 2024 were £216,485 whi18 total funds carried forwartj lo the next financial year are £264.366. At the end of the period cash assets (cash al bank) lotalled £206,935. Management accounting raports are provided in advance of management and trustee meetings to all Board members. Most cash funds were held in a higher interest and fixed temi deposit ac¢ounls, with a smaller amount held in an easy access, interesl-bgaring deposit account and only transferred lo the current account as required for immediate expenditure. In year, bank accounts were reviewed by the trustees (Finance & ReThuneration Committee), wrth acllons to open addib'onal accounts wlth other banks lo improve relums and mitigate the risk of bank failure. The underlying picture remalns finely balanced, as the year saw VOS operating in a challenging fundraising environment with SOTne traditional sources of funding being unavailable lo the charity. Much of our income is restricted to specific programmes. while core costs and the need for Ilexible. responsive support continu8 to rise. The principal financial rfsk facing the charity is therefore long-lerm sustainability, particularlythe sufficiency of unrestricted income lo fund essential infrastructure and evolving rseeds. In response, we are actively exploring additional incorne SoUrS beyond the military chartty sector and seeking lo broaden our donor base, alongside more effective full-cost recovery when bidding for funds. The Iruslees recognise that the deficit in core Inon-Thrive Together) operations in 2024-25 refi8Cts bDth gaps in internal fundraising capacity and the non-receipt of some antiapaled grants. In response. the 2025-30 strategy priorilises strengthening our fundraising function. irnplementing a new CRM system, tsrgeting a broader mix of military and nDn-mililary funders, and rebuilding reserves over lime. During the year the Board approved a new organisational structur8 incorporating a Haad of Op8rations and a Volunteer Coordinator, and work began on a dedicated fundraising strategy and action plan. The main financial focus for 2025-26 is to secure grant income and other funding in gxcgss of forecast expenditure, with quarterfy reviews of forecasts, cash flow and investments lo support prudent finanryal management. Page 9
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 FINANCIAL REVIEW Reserve$ policy VOS'S designated financial reserve of £150,000 is intended lo cover at least three months of operating costs for the Drop-ln and essential clinical services - roughly the length of a typical course of tre8tmeril- and would allow Iruslees lime to respond lo a significant funding shortfall and, rf necessary, manage an orderly transfer or c4osure of s&rvices. The reserve also acts as a buffer in times offinancial challenges. As a charity engaged in dlscrelionary acllvilies, with the ability lo review many oulpuls and staffing levels. the reserve is unlikely to be qUired In full with the exception of a catastrophic requirement to shut down VOS. Whilst the VOS reserves policy is based upon this sum, the income over expenditure figure above shows that we are well below this due lo the factors related lo capacity and fundraising sources above. having drawn upon our reserves lo weather the challenging fundraising position experienced during this year and the one before. Whilst this clearfy requires further work to be done on restoring our reserves lo the optimum amount, we have seen a positive shift of £143,489 based on this yearfs net position of £47,881 against the net position in the previous yearfs accounts which showed a deficit of £95,608. Furthermore, early indications of progress in FY 202&26 towards rebuilding our reserves are also positive. with our stratègy of focusing on unr8stricled grants from a div8rs8 rang8 of sources, allowing our donations lo be d8dicaled to our reserves, proving successful. The proactive st8PS taken to increase capacty. with additional recruitment and the implementation of tgchnology, alongside a dedicated, mulll-channel fundraising campaign sit at the heart of this positive change. The reserv&s level is reviewed regularty to ensure il remains appropriate and the Board is consi¢Jering moving towards a six-month largel over lime lo demonstrate resilience lo beneficiarias, funders and the wider public. Moving towards a six-monlh reserves tsrgel over tha lif& of the strategy will depend on successful delivery of our fundraising plan and careful cost control. The Board will review progress annually. Funds held in excess of the current r&serves tsrgel primarily represent $triCted fund deferred balances, committed lo future delivery of specffic projects. In some cases, delivery has been slower than planned due lo external factors, and wg have agreed extensions with funders to ensure projects can be completed. We are most grateful for thelr cooperation and assistance in enabling our programmes lo continue. STRUCTURE, GOVERNANCE AND MANAGEMENT Govgmlng document Artides of A$SlatiOn. Charity constitution The Charity is a company limited by guarantee (Company number 084790901 incorporated on 8 April 2013 and a registered Charity (number 11544291 registered 1 Novemb8r 2013. The Charilvs conslilulion is sel out in ils Artlcles of Association (adopted 16 Octobor 2013, amended 24 March 2022 and 29 September 2022). Page 10
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Trustees Appolntments The Charity is governed by 8 Board of Trustees with responsibility for the strategic management of the Charity. The board consists of a minimum of four Iruslees and ha5 no maximum nurnber. Annually, one third of the Trustees are required lo retire by rotation dependent on the length of their service. Trustees may serve for a maximum of nine years unless they have served as Chair in which case that is extended lo 12 years. they must then retire and may not be re-appointed lif eligiblel without an inl8rval of al least 12 rnonths. The Charity recognises that the creation of a diverse Board is an important factor in recruiting the professional competence required lo administer the Charity successfully while increasing the accountability and public confidence in the overall rnanagement of the organisalion. Full meetings of the Board took place on 1 September 2024, 12 December 2024, 20 Mafch 2025 8nd 19 June 2025. Induction and Training of Trustees New Trustees are inducted by the Chair, the CEO and the other VOS staff. Trustees make use of th8 online training packages offered by the National Council of Voluntary Organisations INCVOI, of which VOS is a member. Retirements During the pertod of this report no Ttuslees relld. Staff and Volunteers Cdr lan Millen RN IRetdl remains in post as CEO, supported by a team of pernianent staff managing VOS'S three pillaTS of service delivery.. Care, Wellbeing and Welfare. with an additional, programme-based pillar for the AFCFT'S Thrive Together Programme. The VOS core team is supplemented by external contractors providing clinical and other service5. VOS is pleased lo be a member of the National Council for Volunteer Organisations INCVO), which helps underpin our management of and support to VOS Volunteers. VOS has approximately 40 volunteers supporti'ng the charity. A rnajority of our volunteering team (primarily in peer support) have completed a series of training commitments. including Mental Health First IMHFAI. Professional Bountlaries and Safeguarding. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08479090 (England and Wales) Registered Charty number 1154429 Registered offl¢e Larch House Parklands Business Park Denmead Hampshire P07 6XP Page11
VETERANS OUTREACH SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Trustees Ll Cdr RN (Reldl J Sciwer Cdr RN IReld} M E Ernerton Cdr RN IReld} R Williams Mr M Dawe Lt Cdr RN IR8tdl A Sard Pfofessor C Kinane Mr J Porter Mr M Pow811 (Chair from 27 Mar 20231 (Elected 27 Mar 2023- Vice Chairl (Elected 11 Dec 20181 IEle¢ted on 18 Mar 20211 IEl8eted on 18 Mar 20211 (Elected 27 Mar 20241 IElecl8d 27 Mar 20241 IElecl8d 27 Mar 20241 Prg$ld8nt Field Marshall Th8 Lord Richards of Herstmonceux GCB CBE DSO DL Rear Admiral Sir Jeremy de Halpert KCVO CB IRelir8d 12 December 20241 (Elected 12 December 20241 Honorary Wcg Prasid•nts Surg Capl RN IRetdl M R O'connell CPO IReldl Joe Erskine Mrs A E M Townsend (deceased 13 May 20241 W01 RN IRetdl David Watts Maj IRetd} M Powell Independent Examlner Gibson Whitter Chartered Accountants and Chartered T8x Advisers Larch House Parklands Business Park Denmead Hampshire P07 6XP Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME19 4JQ 24.. M)o_IL 1026 Approved by order of the board of trustees on .... and signed on its behalf by: Mr J Scivier- Trustse Page 12
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VETERANS OUTREACH SUPPORT Independent axaminer's rgport to the trustees of Voterans Outr•a¢h Support I'the Company'l report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025. Responslbllltles and basls of report As the charity's Iruslees of the Cornpany land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 Iyhe 2006 Acl'l. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's a¢¢ounls as carried out undor Section 145 of the Charities Act 2011 I'the 2011 Act,). In carrying out my examination I have followed the Diraclions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Indgpendant examln8r's statam8nt Sin¢e your charity's gross in¢omg axcead@d £250,000 your exaTniner must be a member of a listed body. I can confimi that l am qualifie¢J lo un¢J&rtake the &xamination because l am a mernber of the Institut8 of Chartered Accountsnls in England and Wales, whlch Is one of the listed bodies. I have completed my examination. I confim that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records wère not kept in respect of the Company as required by Section 386 of the 2008 Act., or the accounts do not accord with those records.. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordan with the methods and prinaplos of th8 Ststemenl of Recornmended Practice for accounting and reporting by charities (applicable lo Charities preparing their accounts in accordance wth the Financial Reporting Standard applicabl8 in the UK and Republic of Ireland IFRS 10211- I have no cOnmS and have come across no other matters in connection with the examInaon lo which attention should be drawn in this report in order to enable a pmper und8rstanding of th8 accounts to be reached. Gavln Whltter Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshir8 P07 6XP Dale-.......................... Page 13
VETERANS OUTREACH SUPPORT STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 JULY 2025 31.7.25 Total funds 31.7.24 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 119.918 12.000 131.918 166.767 Charltable actlvltles Veterans welfare 56.875 679,001 735,876 540,266 Investment income 9,244 9.244 10,971 Total 186.037 691,001 877,038 718,004 EXPENDITURE ON Charltable actlvltles Veterans welfare 235,364 593,793 829,157 813,612 NET INCOMEI{EXPENDITURE} 149,3271 97,208 47,881 195,6081 RECONCILIATION OF FUNDS Totsl funds broLJght foTh¥ard 57,998 158,487 216,485 312,093 TOTAL FUNDS CARRIED FORWARD 8,671 255,695 284,366 216,485 The notes fomi part of these finanaal statements Page 14
VETERANS OUTREACH SUPPORT BALANCE SHEET 31 JULY 2025 31.7.25 31.7.24 Notes FIXED ASSETS Tangible assets 12 12,004 18,803 CURRENT ASSETS Doblors Cash al bank and in hand 13 71,923 206,935 20,397 343,154 278,858 363,551 CREDITORS Amounts falling due within one year 14 126,4961 {165,8691 NET CURRENT ASSETS 252,362 197,682 TOTAL ASSETS LESS CURRENT LIABILITIES 264.366 216,485 NET ASSETS 264,366 216.485 FUNDS Unrestricted funds Restricted funds 16 8,671 255,695 57.998 158,487 TOTAL FUNDS 264,366 216,485 The charitable company is enliled lo gxgmplion from audit under Section 477 of the Companles Act 2006 ftir the year ended 31 July 2025. The members have not required the company to obtain an audit of its financial stslements for the year ended 31 July 2025 in accordance with Sockn'on 476 of the Companies Act 2006. The trustees acknovladge their responsibilities for lal gnsuring that thg charitabl& company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and Ib) preparing financial stslements which give a true and fair vlew of the stale of affairs of the charftsble company as at thè end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirernents of Sections 394 and 395 and which otherwise comply with the requ1mentS of the Companies Act 2006 re181ing lo financial slalements. so far as applicable to the charitsble company. These financial slalements have been prepar8d In accordance wlh thg provisions applicable lo charitable companies subject to the small companios regime. The finanaal statements were ap issua on roved and authorised for issue by the Board of Trustees and authorised for and were signed on ils behalf by.. Mr J Scivier- Trustee The notes foim part of these financial statements Page 15
VETERANS OUTREACH SUPPORT CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2025 31.7.25 31.7.24 Notes Cash flows from operating actiwtles Cash generated from operations 1145,4631 1152.7531 Nel cash used in operating activities 1145.4631 1152.7531 Cash flows from Investing activitles Purchase of tangible fixed assets Interest received 11,8621 10,971 9,244 Nel cash provided by investing activities 9,244 9,109 Change In cash and cash equivalonts in tho reporting perlod Cash and ¢ash oqulvalents at the beglnnlng of thg reportlng perlod 1136.219} 1143,644) 343,154 486,798 Cash and cash oquivalonts at tho gnd of the reporting period 206.935 343,154 The not8s form part of these financial slalemenls Page 16
VETERANS OUTREACH SUPPORT NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2025 RECONCILIATION OF NET INCOMEIIEXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.7.25 31.7.24 Nat incomall•xpendlture) for the reportlng perlod las per the Statement of Financlal Actlvltlesl Adjustments for: Depreciation charges Interest received Ilncreaselldecrgase in d8btor8 Decrease in creditors 47.881 {95.6081 6,799 {9,2441 {51,5261 1139,3731 6,875 110,9711 29,796 182,8451 Net cash used In operatlons 1145,4631 1152,7531 ANALYSIS OF CHANGES IN NET FUNDS At 1.8.24 Cash flow At 31.7.25 Net cash Cash at bank and in hand 343,154 1136.2191 206.935 343.154 1136,2191 206,935 Total 343.154 1136,2191 206.935 The notes fom part of these financial stslemenls Page 17
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUNTING POLICIES Basls of preparing the financlal ststements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in ac¢ordanc6 with the Charities SORP IFRS 1021 'Accounling and Reporting by Chari(ies.' Ststement of Re¢ommended Practice applicable lo charities preparing their accounts in accordance wth th& Financial Reporting Standard applicable in th8 UK and R8publi¢ of Ireland IFRS 1021 (effective 1 January 20151,. Financial Reporting Standard 102 'Th8 Financial Reporting Standard applicable In the UK and Republic of Ireland and the Companies Act 2006. Income Donations and legacies and grants that provide core funding or are of a general nature are recognised where there Is entitlement, the receipt is probable and the amount Can be measured w1th sufficient reliability. Such income is only deferred when-. the donor specifies that the grant or donation must only be used in future accoltnling periods,. or the donor has imposed conditions which must be met befof8 the charity has unconditional enliuemenl. Investment income is recognised on a receivable basis. Income from charitable activities includes income received under contract or where entttl8ment lo grant funding is subject lo specific conditions is recognised as earned las the related goods and services are provided). Grant income included in this category provides funding to 5UPPOrt activities and is recognised where there is entitlement, the re¢eipl is probable and the amount can be measured with sufficient reliability. Volunteers and d¢nated service5 The value of services prowded by volunteers is rK)l incorporated into these financial statements. Where goods or services are provided to the charity as a donation that would nonnally be purchased from suppliers. this contributions is included in the financial ststements at an estimate based on the value of the contribution ID the charity. Expendlture Expenditure is recognised when a liability is incurr9d. Contraciual arrangements are recognised as goods or services are supplied. Costs of raising funds are those costs incurred in attracting voluntary income. Charitsble activities include expenditure associated with providing services to the charitys beneficiaries and include both Ihg direct costs and support costs relating to those activities. Support costs include govenance costs and central functions and have been allocated to activities on a basis consislenl with the use of resources. Irrecovgrablo VAT All resour¢ès @XPBnd8d are classified under activity headings that aggregate all costs related lo the category. Irr8coverable VAT is charged again8t the category of resources expended for which it was incurred. Tanglble flxed a$$et$ Depreciation 15 provided al the following annual rates in ordèr to write off each asset over its e51imaled useful lrfe. Improvements lo propety Fixtures and fittings Computer equipment 20.10 on cost 25 /0 on cost 330/0 on cost Individual fixgd assgts costing £500 or more are capilalised at cost. Page 18 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 202S ACCOUNTING POLICIES- continu•d Taxatlon The charity is exempt from corporation lax on its charitsble activities. Fund accountlng Unreslricled funds Can be used in accordance with the charitable oblectlves at the dlscretion of the Iruslees. Restricted funds can only be used for particular reslridgd purposes wtlhin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpos8 of each fund Is included in the note5 to the financial slalemenls. Pension costs and other post-retirement benefits The charitable company operates a defined conlribylion pension scheme. Contributions payableto the charitable company's pension scheme are ¢harged to the Slalemenl of Financial Activities in the period lo which they relate. DONATIONS AND LEGACIES 31.7.25 31.7.24 Donated goods and services Donations 101,094 30,824 106,101 60,666 131,918 166,767 INVESTMENT INCOME 31.7.25 31.7.24 Deposfi account interest 9,244 10.971 INCOME FROM CHARITABLE ACTIVITIES 31.7.25 31.7.24 Activity Veterans welfare Grants 735.876 540.266 Grants received, induded in the above, are as follows.. 31.7.25 31.7.24 Royal Navy and Royal Marines Charity The Seafarers, Charity Greenwich Hospital Queen Mary's Roehamplon Trust The Veterans, Foundation The Royal Naval Benevolent Trust Armed Forces Covenant Fund Trust Lloyds Bank Foundation for England & Wales Trinity House Maritime Charity Hampshire and Isle of Wight ICB {NHSI 81,000 20,000 50,000 24,000 25,000 16,415 501,586 8,708 9.167 81,000 13,750 50,000 12.000 32.083 8.990 300,985 26,125 10,000 5,333 735,876 540,266 Page 19 contsnued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 61 Support costs (see note 71 Totsls Veterans welfare 433.858 395,299 829,157 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.7.25 31.7.24 Stsff costs Digital marketing support Direct charitable Costs Training costs Subcontracted clinical fees Travel and subsistence DBS checks VPPP Partner payments VPPP development expenditure 266.282 16,224 23,956 1,547 15,146 19,408 926 ,369 182,792 46,575 24,748 609 20,275 17,362 800 160,317 6.237 433,858 459,715 SUPPORT COSTS Governance costs Managamgnt Totals Veterans welfare 393,079 2,220 395.299 Support costs, included in the above, are as follows.. Managament 31.7.25 Veterans welfare 31.7.24 Total ath'vilies Wages Social security Pension5 Insurance Telephone Postage and stationery Advertising Sundries Rent Computer and soknr8 costs Repairs and renewals Subscriptions Conferences Recruilmenl expenses Bookkeeping and accountancy support Bank charges Depreciation of tangible assets 181,500 19.550 10.850 13.949 2.993 2.244 4,092 3,440 114,975 16,773 180 4,557 317 10.800 150.779 9,766 3,882 8,044 4,750 2,029 1.777 3,051 117.451 9.982 1.064 5,011 10,800 5,950 226 6,875 60 6,799 393,079 341.437 Page 20 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - contlnuad FOR THE YEAR ENDED 31 JULY 2025 SUPPORT COSTS- ¢ontlnued Governance costs 31.7.25 31.7.24 Total activities Veteran5 welfare Trustee recruitment expenses Accountancy and independent exarninalion fees Legal and professional fees 10,800 1.800 420 1,660 2.220 12,460 NET INCOMEI{EXPENDITURE) Net incomellexpenditure} is ststed after chargingllcrediling).. 31.7.25 31.7.24 Depreciation- owned assets 6,799 6,875 TRUSTEES. REMUNERATION AND BENEFITS During the year no12024.' nol trustee directors were remunerated by the charitable company. During the year two 12024= one) Iruslees made donations lo the charitable company lolalling £54 12024.. £251. Trustses. expenses During the year two 12024.. three) trustee directors were reimbursed expenses by the charitsble cornpany tolalling £18112024.. £4901 for travel costs. 10. STAFF COSTS 31.7.25 31.7.24 Wages and salaries S¢xial security costs Other pension costs 429,800 33,759 14,623 318,198 23,823 5,198 478,182 347.219 The average monthly number of employees during the year was as follows.. 31.7.2S 31.7.24 Direct charitsble Support 14 10 The number of employees whose employee benefits lexduding employer pension costs) exceeded £60,000 was.. 31.7.25 31.7.24 £60,001- £70,000 Page 21 contsnued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - contlnu9d FOR THE YEAR ENDED 31 JULY 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Reslricled funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 165,767 1.000 166,767 Charitablg activities Veterans welfare 124,375 415,891 540.266 Invgstmenl income 10.971 10,971 Total 301,113 416.891 718.004 EXPENDITURE ON Charitable actlvltles Veterans welfare 410,704 402,908 813.612 NET INCOMEI(EXPENDITUREI {109,5911 13.983 (95,608} RECONCILIATION OF FUNDS Total funds brought forward 167,589 144,504 312.093 TOTAL FUNDS CARRIED FORWARD 57,998 158.487 216,485 12. TANGIBLE FIXED ASSETS Improvements to property Fixtures and fittings Computer equipment Totals COST At 1 August 2024 and 31 July 2025 23.715 6,399 9.802 39,916 DEPRECIATION At 1 August 2024 Charge for year 8,396 4,743 4.941 652 7.776 1.404 21,113 6,799 Al 31 July 2025 13,139 5,593 9.180 27,912 NET BOOK VALUE Al 31 July 2025 10,576 806 622 12,004 Al 31 JUEY 2024 15.319 1,458 2,026 18.803 Page 22 conlnued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 JULY 2025 13. OEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.25 31.7.24 Trade debtors Prepayments and accrued income 1,000 19,397 71,923 71,923 20,397 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.25 31.7.24 Trade creditors Other creditors Accru8d gxpenses Deferred income 4,829 2,693 1,710 17,264 10,341 1,620 153,908 26,496 165,869 Dafgrrod Incorn Deferred income comprises grants weived for future financial periods. 31.7.25 31.7.24 Balance brought forward Amount relgased lo incoming resources Amount deferred in the year 153,908 233,893 1153,9081 1233,8931 17,264 153,908 Balance Cared fotward 17,264 153,908 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.7.25 Total funds 31.7.24 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabilities 12,004 23,163 126,4961 12.004 278,858 126.496 18,803 363,551 1165,869) 25S,695 8.671 255,695 264,366 216,485 Page 23 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS Nel movement in funds Transfers between funds At 31.7.25 Al 1.8.24 Unrestricted fund$ Gèn8ral fund Conling8ncy fund Trinity House RNRMC Clinical Services 169.7721 100.000 13.333 14.437 121,5571 (50.0001 50.000 1141.3291 150,000 113,3331 114,4371 57.998 149,3271 8.671 Rg$trl¢tod funds RNRMC Helping Hand RNBT Veterans Foundation- clinical AFCFT Positive Pathway5 3 Outdoor AFCFT Strand 1 Clinical AFCFT VPPP AFCFT VPPP Development RNRMC Wellbeing I Welfare NHS No Wrong Door AFCFT LG8T+ Veteran Support AFCFf Vectis Veterans low Veterans Foundation - salaries 12,212 17,453 52,083 1,750 46,415 112,2121 {17,453) {52,0831 11,750) {46,415) 227,653 1479} 14.149) 16.25n 1244) 1819} 11.416 227,653 16,626 17,105 4,149 6.257 244 819 11,416 158,487 97.208 255,695 TOTAL FUNDS 216.485 47,881 264.366 Page 24 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS- Contlnued Nel movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrostrlcted funds General fund Trinity House RNRMC Clinical Sarvices 179.370 6,667 1200,9271 120,0001 114,4371 121,5571 113,3331 114,4371 186,037 1235,3641 149,3271 Rostricted funds RNRMC Helping Hand RN8T Veterans Foundation- clinical AFCFT Positive Pathways 3 Outdoor AFCFT Strand 1 Clinical AFCFTVPPP AFCFT VPPP Dovalopmenl RNRMC Wellbeing I Welfar8 NHS No Wrong Door AFCFT LGBT+ Veteran Support AFCFT Veclis Veterans low Greenwich Hospital Veterans Foundation- salaries Queen Mary Roehampton Trust 112,2121 133.8681 (52.083} 11,750} 169.272} 1222.7431 14791 185,149} 16.257} 12441 134,1521 150,0001 113,5841 112,0001 112,2121 117,4531 152.0831 (1,7501 {46,4151 227.653 14791 {4,1491 {6,2571 {2441 {8191 16.415 22,857 450,396 81.000 33,333 50,000 25,000 12,000 11,416 691,001 1593,7931 97,208 TOTAL FUNDS 877,038 1829,1571 47,881 Page 25 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - contlnuod FOR THE YEAR ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS- continuèd Comparative5 for movement In funds Nel movement in funds At 31.7.24 Al 1.8.23 Unrestricted funds General fund Contingency fund Trinity House Greenwich Hospital RNRMC Clinical Services 33,778 100.000 3,333 16.041 14.437 1103,550) 169,7721 100,000 13,333 10.000 116.041) 14,437 167.589 1109,5911 57,998 Restricted funds RNRMC Helping Hand RNBT Veterans FotJndation- dinical AFC Positiva Pathways 3 Outdoor AFCA1ghan SS AFCFT Strand 1 Clinical AFCFT VPPP AFCFT VPPP Development RNRMC Wellbeing I Welfare NHS No Wrong Door AFCFT LGBT+ Veteran SLSPPOrt AFCFT Veclis Veterans low 12.528 8,475 32.500 (3161 8,978 19,583 1,750 14,9671 7,977 115,8201 18,5701 4,149 156 244 819 12.212 17,453 52,083 1,750 4,967 38,438 15,820 25,675 46,415 17,105 4,149 6.257 244 819 6,101 144,504 13,983 158,487 TOTAL FUNDS 312.093 195,6081 216.485 Page 26 conlnued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS- continued Comparative nel movement in funds, induded in the above are as follows.. Incomlng resources Resources expended Movement in funds Unrostrlctgd funds G8n8ral fund Trinlty House Greenwich Hospital 228.613 10.000 62.500 1332,1631 1103,5501 10,000 116,(1411 178.5411 301,113 1410,7041 1109,5911 Re$trl¢tgd funds RNRMC Holping Hand RN8T AFCFT Positive Pathways 1 low Veteran5 Foundation - clinic81 AFCFT Pos11ive Pathways 3 Outd(ior AFCFT Afghan SS AFCFT Strand 1 Clinical AFCFT VPPP AFCFT VPPP Developrnenl RNRMC Wellbeing I Welfare NHS No Wrong Door AFCFT LGBT+ Veteran Support AFCFT Vectis Veterans low 13161 1121 {2.6251 13161 8,978 8.990 2.625 19.583 1,750 19,583 1,750 (4,9671 7,977 (15,8201 {8,5701 4,149 156 244 819 {4,9671 126,3091 1240.6161 {8,5701 177,8511 15,1771 {9,5061 126,9591 34.286 224,796 82.000 5,333 9,750 27,778 416.891 1402,9081 13,983 TOTAL FUNDS 718.004 18t3,6121 (95,6081 Contlngency Fund The contingency fund is calculated to cover a minimum of three months, operating costs to provid9 the dropin facility and essential clinical services. In the event of a funding crisis, this will give the trustees lime to address the issue and plan the best action lo lake. RNRMC- Helping Hand5 The Helping Hands grant funds projects that recruit volunteers lo provide support, friendship and practical help for Royal Navy beneficiaries. specifically.. to combat loneliness and social isolation, to promote health and wellbeing and lo prevent escalation of need or delerioralion in health. RNBT This grant provides funding for former RN ratings or RM other ranks, their spouses or partners who are provided support by VOS. V•torans Foundation - Clinical and Salaries Welerans Fotjndation support VOS with 2 types of grants, one is a salaries grant for VOS stsff, the other is for dinical services not provided by VOS staff, bul contracted out lo our trusted therapists with the skills and qualifications to help VOS service users. AFCFT Posltlve Pathways 3 - Outdoor- A peer supported programme of outdoor activities aimed al proffloling Confidence, wellbeing and positive mental and physical health. through learning new skills, helping others and conlribubng lo ojr local commLtnities. AFCFT Strand 1 Cllnlcal This funding is lo meet the increased demand for. and complexity of, mental health support for veterans and families, by enhancing VOS'S dinical team with additional psychological and psyGhiatric resource, providing improved support lo those in need. Page 27 continued...
VETERANS OUTREACH SUPPORT NOTES TO THE FINANCIAL STATEMENTS - contlnuod FOR THE YEAR ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS - contlnued AFCFT VPPP VOS is the grant holder for the Veterans, Places, Pathways and People (VPPPI Programme for the South East, working with 8 Portfolio of nine project partners across the region delivering mental health and wellbeing support lo veterans. AFCFT VPPP Dgv8lopmant This grant was awarded to support the development of the VPPP portfolio through improved management and administration, working 10 0nsur& sustsinability of projects beyond the VPPP grant pèriod, and strengthening the nOOrk in the South East region. RNRMC Wellbelng I Welfaro This grant is a contribution towards our runnlng costs and the delivery of our Wellbeing programmes and Welfare services. NHS No Wrong Door This grant is a contribution lo the costs of d81ivering welfare services. AFCFT LGBT+ Veteran Support This grant is to fund a WeKare Peer Support Worker, Increasing capacity lo support the LGBTQ+ veteran community, in response to th8 independonl review by Lord Elherton published in May 2023. AFCFT Vectis Veterans low This grant is buildin9 on from the Positive Pathways project, thls fund supports part lime staff members to deliver a range of activities on the Islg of Wight. Greenwich Hospital Greenwch Hospital provide clinical grants lo support RNRM veterans, who are in need of therapy or other clinical support. 17. RELATED PARTY DISCLOSURES The charty rented room space from the Royal Maritime Hotel, a charitywith a Trustee in common, al a rale below market rate. This amounted 10 £101,094 in the year ended 31 July 2025 {31 July 2024.. £106,101) and this has been induded as services in kn'nd in the accounts. There were no other related party transactions in the year ended 31 July 2025 or 31 July 2024 other than those disdosed in note 9. 18. ULTIMATE CONTROLLING PARTY The charitable company is under the control of ils trustees. No on8 trustee has control of the charitable company. Page 28