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2025-03-31-accounts

Company number: 09644561 Charity number: 1163214 Office of Scottish Charity Regulator Registration No: SC052668

REACT Disaster Response Ltd

Report and financial statements For the year ended 31 March 2025

REACT Disaster Response Ltd

Contents

For the year ended 31 March 2025

Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent auditor’s report ....................................................................................................... 26 Statement of financial activities (incorporating an income and expenditure account) ................... 31 Balance sheet ............................................................................................................................... 32 Statement of cash flows ................................................................................................................ 33 Notes to the financial statements ................................................................................................. 33

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REACT Disaster Response Ltd

Reference and administrative details

For the year ended 31 March 2025

Company number 09644561
Country of incorporation United Kingdom
Charity number 1163214
Scottish charity number SC052668
Country of registration England & Wales, Scotland
Registered office Chilmark, Salisbury, SP3 5DU
and operational address
Trustees Trustees, who are also directors under company law, who served
during the year and up to the date of this report were as follows:
Sir Nick Parker - Chair (Resigned 24.09.25)
Lieutenant General Sir Charles Stickland (Appointed 24.09.25)
Kate Holt
Noland Carter
James Coates (Appointed 18.06.24)
Maria Isabel Manley
Nadine Nohr
Nick Wills
Richard Wilson (Resigned 29.05.25)
Sara George (Resigned 18.06.24)
Key management Toby Wicks Chief Executive
personnel Bridgette Jones Chief Financial Officer (Resigned 31.08.25)
Jane Pound Chief People Officer
Naomi Edler Director of Partnerships & Fundraising
Michael Nicholls Director of Operations (Appointed 18.08.25)
Bankers Barclays Bank
89 Charterhouse Street
London, EC1M 6PE
Solicitors Stone King LLP
Boundary House
91 Charterhouse St
London, EC1M 6HR
Auditor Sayer Vincent LLP
Chartered Accountants and Statutory Auditor
110 Golden Lane
London, EC1Y 0TG

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

The Trustees present their report and the audited financial statements for the year ended 31 March 2025.

Reference and administrative information set out on page three forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

A Message from General Sir Nick Parker, Chair of REACT

As REACT marks its tenth year, I find myself reflecting not only on a remarkable journey, but on the extraordinary people who have shaped it.

When we first envisioned REACT, we saw the potential of those leaving military service, skilled, disciplined, and driven, to bring hope and help where it was needed most. What began as a bold idea has grown into a global, professional humanitarian organisation, with a proven model and a deeply human mission.

This past year has shown, once again, what REACT can achieve. The pace and scale of our operations, both at home and overseas, demonstrate the necessity of our work and the strength of the Responders who deliver it. They act with purpose, professionalism and compassion, in situations that demand the very best of us.

As I approach the end of my tenure as Chair, I do so with immense pride. REACT is now positioned to play an even greater role in the global humanitarian landscape - agile, credible, and clear in its mission. The next decade will bring challenge and change, but I am confident in the leadership, the strategy, and the unwavering spirit that will take REACT forward.

Thank you to all who stand with us - our partners, supporters, and especially our Responders. You are the reason REACT continues to make a difference.

General Sir Nick Parker Chair REACT Disaster Response

A Message from Toby Wicks, CEO of REACT

As we enter our tenth year, REACT’s strength remains in our ability to mobilise rapidly and deploy highly trained Responders to stabilise emergencies in the hardest-to-reach places. As humanitarian needs grow ever more complex – driven by climate change, conflict, and economic shocks – our mission is more vital than ever: to help the hard-to-reach and most vulnerable when disasters happen.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

This year, our teams responded to crises including Hurricane Beryl in the Caribbean, Storm Bert in South Wales, and floods in Brazil and across the UK, while continuing to invest in locally-led, capacity strengthening responses exemplified by the Incident Management Training in Ukraine. Humanitarian response demands local knowledge, leadership, and action, and REACT is committed to supporting this shift across all our work.

As we near our strategic volunteer recruitment targets, we have temporarily paused new Responder recruitment to ensure we are best positioned to support and engage our existing volunteers. 2024/25 also saw us using new training venues to democratise access to our training courses. To maximise our impact, we will continue to invest in partnerships, recognising that collaboration and complementarity are essential to tackling climatedriven and protracted crises.

REACT’s value lies not in scale or control, but in enabling people and partners to deliver better outcomes together, at pace. Looking ahead, we will continue adapting and learning to drive change, accountability, and community-led action in an era of accelerating climate-driven emergencies.

With over 2,500 people directly supported this year, we know our success is defined not by numbers alone, but by the real impact on those affected by crisis. We remain committed to working alongside local communities and our incredible partners to deliver urgent, effective, and dignified humanitarian assistance wherever and whenever it is most needed.

Toby Wicks Chief Executive Officer REACT Disaster Response

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Objectives and Activities

Purposes and aims

REACT Disaster Response unites experienced military veterans with seasoned first responders and skilled civilians to rapidly deploy emergency response teams to disasters in the UK and overseas in order to immediately improve the quality of life of those affected.

The objects of the Charity are, for the public benefit:

REACT Disaster Response raises awareness of its activities and raises funds to cover the costs of recruiting, training and deploying volunteers in line with its charitable objects.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Achievements and Performance

Public benefit:

The Trustees review the aims, objectives and activities of the charity each year. This report looks at achievements and outcomes during the reporting period. The Trustees report on the success of each key activity, noting how REACT Disaster Response’s operations have benefitted local populations.

The review helps Trustees ensure the charity’s aims and activities remain focused on its stated objectives.

The Trustees have referred to the Charity Commission general guidance on public benefit when reviewing the charity’s aims and objectives and when planning future activities. In particular, the Trustees consider how planned activities will contribute to the objectives that have been set.

How our activities deliver public benefit.

The main activities and who we helped during this reporting period are described below:

International Operations

Ukraine 🇺 Number of Deployments: 2 Responders Deployed: 10 People Trained in Critical Lifesaving Skills: 230 Trauma Kits Distributed: >800

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

In FY24/25, REACT deepened its commitment to Ukraine with planned responses in February and October to deliver Incident Management Training across frontline communities. Across two deployments to regions including Konotop, Sumy, Pokrovsk, Odesa, Yuzhne, and Fastiv, REACT trained 230 individuals in critical lifesaving skills. This included managing trauma, stemming blood loss, and coordinating emergency responses - all vital capabilities for civilians living under the constant threat of missile strikes and drone attacks.

Pictured: Responders Nigel Jones and Andrew Bolt demonstrate medical techniques that could help save lives. Credit: REACT 2024.

Delivered in partnership with the Ukrainian Education Platform, the training sessions were practical, hands-on, and highly adaptable to local needs. Participants ranged from civil society leaders and police cadets to families and young people, many of whom are now better prepared to act swiftly and safely in the event of an attack.

In Yuzhne, a group of teenagers aged 13 to 16 were equipped with skills in wound care and emergency response - knowledge that empowers them not just physically, but emotionally, amid the daily realities of war. Across all locations, REACT also distributed more than 800 trauma kits, including tourniquets, dressings and triangular bandages.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

The impact has been transformative. Beyond the practical skills gained, participants reported a renewed sense of agency and resilience. As one young trainee put it: “If something happens, I’ll know what to do.”

Pictured: REACT Responders Paul Taylor, Paul ‘Billy’ Williams and Bruce Boxhall-Hunt with a group of teenagers in Yuzhne, who received training in how to stop a bleed, how to treat a burn, and how to care for a friend until help arrives. Credit: REACT 2024.

Brazil 🇧

No of Deployments: 1 Responders Deployed: 2 Number of Meals Distributed: >4,000

In June, heavy rain and flooding displaced nearly 700,000 people in Rio Grande do Sul, Brazil. With more than 80,000 seeking refuge in shelters, the international NGO All Hands and Hearts reached out to REACT, requesting assistance. In response, within a matter of hours, REACT deployed two International Responders, Jan Campbell-Wood and Megan Stacey-Edwards, to Porto Alegre.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

The Responders spent six days on the ground supporting the All Hands and Heart’s programme to prepare and distribute more than 4,000 meals for flood-affected communities, as well as assisting with several building clearance and clean-up tasks.

Pictured: Walking through the chaos caused by heavy rain and flooding in Rio Grande do Sul, Brazil. Credit: REACT, June 2024.

The Caribbean 🇻 No of Deployments: 7 Responders Deployed: 22 Kilograms of Food Distributed: >5,000

In July 2024, Hurricane Beryl made history as the earliest Category Five storm to strike the Caribbean, unleashing winds up to 130 mph and leaving a trail of devastation across the islands. REACT responded rapidly, initially deploying two teams of Responders in recce and liaison capacities.

From the outset, REACT monitored Beryl's development and mobilised Recce and Liaison teams, enabling swift assessments and coordination with key partners, including the United Nations Disaster Assessment and Coordination (UNDAC) and the World Food Programme (WFP). Relief efforts centred on Union Island, where REACT established a bridgehead on Canouan to manage resources without overburdening local capacity. Responders worked directly with the National Emergency Management Office (NEMO) to assess needs, support infrastructure repairs, and deliver shelter and water solutions.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Scenes of destruction on Union Island, caused by Hurricane Beryl. Credit: REACT 2024. Local engagement was pivotal. A grassroots effort by expatriate homeowners on Union Island led to collaboration with the umbrella organisation Gumbolimbo and direct dialogue with Prime Minister Ralph Gonsalves. This bottom-up initiative strengthened REACT’s operational footprint and integrated its work into the broader national response.

In September, REACT formalised its role in future disaster response through the signing of a Memorandum of Understanding (MoU) with Prime Minister Gonsalves and NEMO’s Director, Michelle Forbes. This landmark agreement ensures REACT’s rapid deployment capabilities are embedded in Saint Vincent and the Grenadines’ disaster management framework.

REACT also prioritised long-term recovery, supporting the restoration of education by helping to re-equip schools devastated by the hurricane. In December, REACT further strengthened regional collaboration by attending the Caribbean Disaster Emergency Management Agency (CDEMA) conference.

Restoring Education and Stability: How REACT Helped Equip School Destroyed by Hurricane Beryl After the hurricane devastated schools on the island of Canouan, children faced a devastating double blow: the destruction of their school and their homes, forcing some to relocate with friends or extended family. Every single textbook and computer had been destroyed, leaving students without the essential tools required for a curriculum heavily reliant on technology and digital learning. The proposed solution was to move students to mainland boarding schools, offering access to education but at a heartbreaking cost - uprooting already vulnerable children from their families and communities.

Together with local communities, Responders re-equipped classrooms, and provided vital resources ensuring children could stay in their communities, surrounded by the people who matter most. Involving children like Shanika (pictured below) and her classmates in the process of rebuilding their classroom was so they could all - pupils, teachers and Responders - work to build a sense of ownership and pride.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Shanika builds a new computer station with help from Responder Kirsten. Credit: REACT Responder David Bullock, 2024.

Supplies and Equipment Provided:

Secondary School Computing Labs: Two labs equipped with 26 desktop computers, smartboards, air conditioning, and other resources, enabling 75 students to take their computer-based exams. Primary School Computing Suites: Three suites with nine computer stations each, complete with desks, chairs, printers, and other equipment.

SLT Computer Packages: Five schools received essential tools, including desktop computers, laptops, multifunction printers, shredders, and filing cabinets.

Textbook Replacement: Every primary school textbook on Canouan was replaced- a £14,000 investment in the future of education.

Our work in the Caribbean embodies REACT’s mission: to reach the hardest hit, work hand-inhand with communities, and build pathways to resilience through strategic partnerships and sustainable support.

Thailand and Myanmar 🇹 🇹

On 28 March, a devastating earthquake struck Myanmar. In immediate response, REACT deployed two highly trained Responders Caroline O’Callaghan and Elizabeth Stileman to Bangkok, Thailand, to begin coordination efforts. This initial deployment marked the start of our operational engagement in the region.

The broader response, including assessment missions, partnership development and on-theground support in affected areas, continued into the following financial year, laying the groundwork for sustained humanitarian action.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

UK Operations:

Supporting the NHS: Worcester and Frimley Deployments

In the face of mounting pressures across the NHS, REACT Responders provided vital support to two hospitals in England during times of acute operational strain.

At Worcestershire Royal Hospital, structural issues forced the temporary closure of the newly established A&E waiting room. In response, REACT swiftly mobilised a team of 21 Responders, who collectively contributed over 448.5 hours to ensure emergency services could continue to function smoothly. Their presence helped maintain continuity of care and provided critical support to both patients and frontline staff.

In January, REACT responded to a call from Frimley Health NHS Foundation Trust following the declaration of a critical incident at Frimley Park Hospital. Amid heightened winter pressures, REACT Responders played a key role in alleviating strain on emergency services. Working in close collaboration with NHS staff and local volunteer groups, they supported over 2,000 patients and family members.

Sara, a radiology coordinator at Frimley Park Hospital, praised the volunteers, saying:

“Your volunteers are amazing! I have told everyone how fantastic they are. They just get on with it and are magic!”

Responding to Rising Waters: REACT’s Flood Response

As severe flooding swept across parts of England in the autumn of 2024, REACT deployed multiple teams to support communities grappling with rising waters, displacement, and distress. Northampton Flood Evacuations

On 24 September, floodwaters threatened the Billing Aquadrome site in Northampton, prompting a large-scale evacuation supported by local emergency services. In coordination with Northamptonshire Police, Fire and Rescue, and West Northamptonshire Council, REACT managed an emergency rest centre at Lings Forum Leisure Centre. Over 65 people and 22 dogs were offered shelter, care, and stability. The centre even became the site of a heart-warming moment - an unexpected birthday celebration for one evacuee, providing a touch of humanity amidst the crisis.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Rachel Cleasby celebrates her birthday at a local shelter. Credit: Responder Jan Campbell-Wood, 2024.

Flood Response in Bedfordshire

As flash floods followed record rainfall, Bedfordshire emerged as one of the hardest-hit areas. On 25 September, REACT deployed a specialist Flood Response Team to support Bedford Borough Council’s emergency response, focusing initially on the Kempston community. Going door to door, Responders distributed Aqua Sacs- compact, water-activated alternatives to sandbags - and provided practical advice to support residents defend their homes from further damage.

Pictured: REACT Flood Responders carefully navigating floodwater in Kempston, Bedfordshire. Credit: Rich McSweeney, 2024.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Storm Bert and Second Evacuation in Northampton

Just eight weeks later, on 25 November, Storm Bert caused further devastation at Billing Aquadrome. Over 100 residents, many already recovering from the September floods, were once again forced to evacuate. REACT Responders returned to the Lings Forum Leisure Centre to reestablish emergency shelter. They quickly set up three sleeping areas, delivered essential supplies, and offered emotional support to displaced families, including vulnerable individuals and children. These flood response deployments highlight REACT’s agility and compassion in the face of disaster. Working in partnership with local authorities and emergency services, REACT was able to deliver rapid, meaningful assistance to those impacted by the UK’s worsening flood crises. Operation Dunraven

Storm Bert also swept through Rhondda Cynon Taf, South Wales, where it left many homes flooded and families devastated. Among them was one family in Treherbert whose home was not just flooded but contaminated and rendered unliveable - just weeks before Christmas.

That’s when REACT Responders Stephan Stickley, Chris Cheeseman and Regional Leader for Wales Rob Salmon, stepped in. Their mission was clear: to restore hope, one step at a time.

The team removed damaged furniture, salvaged what they could, and cleared 61 bags of waste. It wasn’t a large-scale operation. It was one home. One family. But at REACT, we believe these seemingly small acts are just as important.

Pictured: Responders helping to clear out a home in Treherbert that was flooded during Storm Bert. Credit: REACT Disaster Response, 2024

Lebanon Evacuees at Birmingham Airport

Birmingham International Airport became a vital hub of hope and relief for evacuees escaping the turmoil in Lebanon in October. Amidst the uncertainty, REACT teams were on hand, working alongside local authorities and fellow humanitarian organisations to support those in need. The response, known as 'Operation Parkway', brought comfort, care, and practical help to evacuees.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

The situation in Lebanon is deteriorating rapidly, with bombings and unrest threatening lives in cities and villages across the country. The collapse of safety left families with no viable alternative but to leave behind their homes, support networks and daily lives. Volunteers supported four flights arriving at Birmingham International Airport, with more than 600 evacuees finding refuge in the UK. REACT volunteers supported some of these evacuees—each stepping off the plane with their own unique story of loss, survival, and hope.

Pictured above: A heartfelt reunion between two brothers at Birmingham International Airport. Credit: Olivia Everett 2024.

Throughout the operation, REACT worked hand in hand with a broad network of partners, including the British Red Cross, St John Ambulance, local authorities and police teams. This collaboration ensured that evacuees were not just greeted with empathy but also with a wellorganised system of care. From providing medical assistance and emotional support to helping with practical matters like travel and accommodation, volunteers were a lifeline.

Severe Weather Emergency Protocol (SWEP) in London

When freezing temperatures hit Hounslow, the Mayor of London’s Severe Weather Emergency Protocol (SWEP) was activated to protect people sleeping rough. This life-saving initiative ensures emergency accommodation is available for those without shelter during severe weather conditions, but it takes a collective effort to make it work.

When Hounslow faced heightened challenges, REACT Disaster Response stepped in to support SWEP alongside Hounslow Council, Islamic Relief UK, and Holy Trinity Church. Together, they ensured that no one was left vulnerable to the cold.

Volunteers prepared tables, chairs, and camp beds in two separate rooms to ensure people had a comfortable environment. A hot drinks and water station was set up, offering people warmth and hydration, and volunteers assisted caterers in distributing hearty meals, including pasta and chicken soup. The team talked with guests, listened to their stories, and built genuine connections.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

“It wasn’t just about shelter,” shared one REACT volunteer. “It was about showing care, respect, and humanity to people who needed it most.”

Muswell Hill Gas Outage

When a burst water main in Muswell Hill flooded the local gas network, nearly 3,000 homes were left without gas. This outage disrupted heating, hot water, and cooking facilities, leaving residents vulnerable during the cold January days. As the crisis unfolded, REACT joined efforts with Cadent Gas and the British Red Cross, and local community groups to provide much-needed welfare support to affected households. The complex repair process meant homes had to be individually checked for safety before reconnection. With over 500 vulnerable residents, including nearly 200 classified as highly vulnerable, the situation demanded swift and compassionate action.

Working alongside the British Red Cross and under the guidance of Cadent Gas, REACT Responders focused on ensuring that no one felt isolated during the outage.

Building a Flood Capability

We are continuing to expand and professionalise our national flood response capacity. Our commitment to supporting communities in their most vulnerable moments has been strengthened through targeted training, specialist deployments, and operational development.

Pictured: Responders are put to the test in a Continuous Professional Development (CPD) training weekend in North Wales in April. Credit: REACT, 2024

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Flood Training Milestones:

These training events were delivered with support from expert instructors, including Martin Blaker, a leading authority on flood response and inter-agency coordination, who led a focused Flood Commander training, certifying 12 team leaders to operate in high-risk, multi-agency flood environments.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Flood Responders commit to taking part in regular, intensive training. Credit: REACT 2024

Flood Operations

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Flood Responders carefully navigate flood water in Bedford. Credit: Lewis Inman, 2024

Flood Partnerships

We acknowledge the ongoing support of BAE Systems, whose partnership has contributed to the scaling of our specialist flood team, and Fernco Ltd’s staff fundraising efforts.

Responder Training

New Responders Trained: 94 International Responders Trained: 32 Wilderness Medics Trained: 4

This year has been another successful year for Responder training at REACT. After recognising a need to hold training courses in other locations around the UK, we held our first UK Operations course in the Lake District, at Sedbergh School in Cumbria.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: 30 Responders passed the UK Operations course at Sedburgh in August. Credit: REACT 2024.

Community Engagement

REACT x DIY SOS: Volunteering to Build Hope

In FY 2024/25, REACT Responders joined forces with the BBC’s DIY SOS to support multiple lifechanging community builds, demonstrating once again their adaptability, resilience, and commitment to helping those in need.

The first collaboration took place in Bewdley, where REACT volunteers responded to an urgent call from host Nick Knowles to support a family facing difficult circumstances. Battling harsh weather, deep mud, and flooding risks, volunteers assisted in everything from clearing rubble and relocating roof trusses to managing drainage and supporting local bricklayers. Their contribution not only ensured the smooth progress of the build but also helped protect neighbouring homes from potential flood damage.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Pictured: Responder Helen Harcombe-Edwards was just one of the Responders who volunteered to help on the DIY SOS projects, which changes lives through community action. Credit REACT 2024.

The effort in Bewdley was followed by a second deployment to Swansea in December, where Responders once again rolled up their sleeves, this time to help improve the home and lives of a young couple. On site, they coordinated volunteers and moved tonnes of building material to help keep the project on track.

REACT worked alongside local tradespeople, housing associations, students, and businesses, bringing community spirit to the forefront of each build. Their perseverance and positivity drew high praise from DIY SOS staff and site managers alike.

REACT’s support of DIY SOS projects will continue into the following financial year, with the programmes, including a special Children in Need episode, set to air on BBC One later in 2025.

Reflecting on entering our tenth year:

As REACT enters its tenth year, we do so with deep gratitude and a renewed sense of purpose. The past year has brought both transformation and challenge, but it’s the dedication of our volunteers, staff, and partners that continues to define us. In 2024 alone, we delivered over 15,000 hours of life-changing support to communities in crisis — a powerful reflection of our collective impact. As we celebrate a decade of service in April 2025, we also honour those who have shaped our journey, including valued team members who’ve moved on but remain committed to our mission as active Responders.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Looking ahead, REACT is focused on three strategic phases: stabilising resources (Fuel: Jan–Mar), strengthening operational capacity (Core: Apr–Sep), and shaping our future direction (Future: Oct– Dec). This timeline underpins our commitment to meet rising global needs, while preparing a new strategic vision that will guide us through to 2030. Amid a rapidly shifting humanitarian landscape — shaped by conflict, climate, and the erosion of global aid systems — we remain rooted in our principles of neutrality, impartiality, and independence. Our mission to reach the most vulnerable remains unchanged, and our ability to adapt, learn, and grow together ensures we are ready to meet the moment. This milestone year is not just about reflection, but about recommitting to bold, values-led action.

Financial Review

Income for the group was a total of £1,640,553, which included a total of £214,750 from trading contracts, and income from donations increased by £719,768. The future development of further projects and contracts to create a trading profit to support the objectives of the charity remains a focus in the new strategic plan. This will reduce the reliance on charitable fundraising to cover core costs and therefore a more focussed approach on directly allocating charitable funds to humanitarian causes.

Expenditure for the group was a total of £1,927,826 and included £132,340 of expenditure in delivering the trading subsidiary contracts.

The group movement in funds was a reduction of £287,272 for this reporting period.

The Balance Sheet has total funds of £847,440 of which £637,712 was unrestricted. The charity is consolidating its expenditure and activity in the current financial year to remain sustainable and deliver its strategic plan out to March 2026.

REACT is extremely grateful to all its donors and supporters, including the receipt of pro-bono services and goods, for example, reduced flight costs, technical communications equipment and services, strategic consultancy, and legal advice. Those costs that we would expect to incur as part of the normal charity activities are included in the accounts.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Principal Risks and Uncertainties

The Senior leadership team and Trustee Board have developed a risk register which is reviewed at every Board meeting, and the risks updated accordingly. Appropriate, systems and procedures are developed to mitigate the risks which the charity faces.

Principal Risks identified are:

Financial Sustainability is a strategic focus. With a new Head of Fundraising in post, creating an Income Generation plan that delivers more predictable income, focussing on unrestricted donations, therefore reducing the risk, and increasing the charity’s ability to fulfil its objectives. The trading subsidiary is also working hard on business development to be able to deliver tax free gift-aid donations and therefore support sustainability.

Reliance on our Volunteers to deliver our operational capability, remains a challenge to ensure we have the right volunteers trained with the right skills to deliver our humanitarian strategic aims.

Reputational risk is mitigated by constant reinforcement of our values, proper assessment of the key areas of risk and strong communications. The charity takes safeguarding and the welfare of our team of staff and volunteers very seriously.

Reserves Policy

The REACT Disaster Response policy is to target a level of reserves that represents three months’ core operating costs, and an amount for working capital. The current policy is £300k.

At the end of March 2025, the Charity had consolidated total funds of £847,440 of which £637,712 was unrestricted. Free reserves (being unrestricted funds, less any designated funds set aside for essential future spending, less the net book value of fixed assets) were £621,168. This includes the reserves held by the Charity’s trading subsidiary. There are no profits to be donated by REACT Group Solutions for the period ended 31 March 2025. The cost base has been reviewed and REACT Group Solutions is expected to be in profit for the 2025/2026 financial year. It is a one-off year and expected to return to positive reserves.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

Future Plans

Looking ahead, REACT is focused on three strategic phases: stabilising resources (Fuel: Jan–Mar), strengthening operational capacity (Core: Apr–Sep), and shaping our future direction (Future: Oct– Dec). This timeline underpins our commitment to meet rising global needs, while preparing a new strategic vision that will guide us through to 2030. Amid a rapidly shifting humanitarian landscape — shaped by conflict, climate, and the erosion of global aid systems — we remain rooted in our principles of neutrality, impartiality, and independence. Our mission to reach the most vulnerable remains unchanged, and our ability to adapt, learn, and grow together ensures we are ready to meet the moment. This milestone year is not just about reflection, but about recommitting to bold, values-led action.

Fundraising

REACT has a strategy for income generation of which fundraising is a substantial part, together with developing the trading subsidiary to enable profits to be gift aided to the parent charity, therefore supporting the delivery of the charitable objectives.

We operate across many areas of fundraising, with a focus on, Trusts & Foundations, Community Fundraising and Corporate Partnerships, all of which are managed by an employed fundraising team. Our new Head of Fundraising is focussing on sustainable and predictable income generation, with the fundraising pipeline being under constant review and development, whilst collaborating with our Head of Communications to create wider engagement to publicise charitable objectives and gain the trust of new donors, and corporate partners.

REACT Disaster Response is registered with the Fundraising Regulator, and we have a professional team who are members of the Institute for Fundraising. REACT complies with the codes of operation with no breaches during this reporting period. No third party or unsolicited fundraising is undertaken by REACT and communications are only with those who have clearly given their permission and expressed their wish to hear from the charity. Know Your Donor (KYD) checks are carried out for significant donations in line with best practice as per Charity Commission guidance.

REACT Disaster Response has a Complaints Register and no complaints have been received during this reporting period.

Structure, Governance and Management

REACT Disaster Response is a charitable company Ltd by guarantee, incorporated on 17 June 2015 and registered as a charity on 19 August 2015.

The company was established under a memorandum of association, which established the objects and powers of the charitable company and is governed under its articles of association.

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REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

All Trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in Note 7 to the accounts.

Day-to-day operations are delegated to the Chief Executive and the Senior Leadership Team. Trustees meet at least four times a year and provide strategic direction and governance oversight.

All new Trustees are provided with an induction pack, which includes the charity's Memorandum of Association, a statement of trustee roles and responsibilities, conflict of interest policy and relevant guidance from the Charity Commission. The Chair meets with each new Trustee individually and a programme of support and training is available for new Trustees.

REACT Disaster Response owns 100% of the shares of REACT Group Solutions Ltd. REACT Group Solutions is a Ltd company, registered in England & Wales.

Appointment of Trustees

The board of REACT Disaster Response selects Trustees based on their skills and experience to ensure that there is a good professional and cultural fit. The Board has seen 6 new Trustees join, and 5 have resigned. Our thanks go to the Trustees who have resigned, having all been with us for many years, giving their time and knowledge to support REACT and its objectives.

Remuneration Policy for Key Management Personnel

To be efficient and effective, REACT Disaster Response Ltd works to attract and retain experienced, quality team members. The Remuneration Committee recommends pay rates and benefits to the Board following guidance for the sector and benchmarking roles, taking into consideration such factors as inflation. The CEO’s remuneration is approved together with the Chair. All decisions are ratified by the Board and inform the annual budgeting process.

Statement of Responsibilities of the Trustees

The Trustees (who are also directors of REACT Disaster Response for the purposes of company law) are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year, giving a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

24

REACT Disaster Response Ltd

Trustees’ annual report

For the year ended 31 March 2025

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and taking reasonable steps to prevent and detect fraud and other irregularities.

Insofar as the Trustees are aware, there is no relevant audit information of which the charitable company’s auditor is unaware. The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees as of 31 March 2025 was 7 (2024 – 8). The Trustees are members of the charity, but this only entitles them to voting rights. The Trustees have no beneficial interest in the charity.

Auditor

Sayer Vincent LLP was re-appointed as the charitable company's auditor during the year and has expressed its willingness to act in that capacity.

The directors’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The Trustees’ annual report was approved by the Trustees on 20 November 2025 and signed on their behalf by

Lieutenant General Sir Charles Stickland Chair

25

Independent auditor’s report

To the members of

REACT Disaster Response Ltd

Opinion

We have audited the financial statements of REACT Disaster Response Ltd(the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies.

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the group financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on REACT Disaster Response Ltd's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

26

Independent auditor’s report

To the members of

REACT Disaster Response Ltd

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the Trustees’ annual report, other than the group financial statements and our auditor’s report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information, and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:

27

Independent auditor’s report

To the members of

REACT Disaster Response Ltd

Responsibilities of Trustees

As explained more fully in the statement of Trustees’ responsibilities set out in the Trustees’ annual report, the Trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

28

Independent auditor’s report

To the members of

REACT Disaster Response Ltd

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

29

Independent auditor’s report

To the members of

REACT Disaster Response Ltd

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Farrah Kitabi (Senior statutory auditor)

24 November 2025

for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

30

REACT Disaster Response Ltd

Consolidated statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2025

For theyear ended 31 March 2025
Note
Income from:
2
3
4
5
5
5
5
5
17
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Interest income
Total income
Expenditure on:
Transfers between funds
Net income / (expenditure) for the year
Net movement in funds
Raising funds - charity
Total expenditure
Charitable activities
Operations
Training
Volunteers
Raising funds - trading activities
Net income / (expenditure) before transfers
Donations and legacies
Charitable activities
Other trading activities
Charitable Operations		 Unrestricted
£
709,397
30,257
214,750
3,197		 Restricted
£
682,952
-
-
-		 2025
Total
£
1,392,349
30,257
214,750
3,197		 Unrestricted
£
371,649
31,278
286,487
1,673		 Restricted
£
300,932
-
-
-		 2024
Total
£
672,581
31,278
286,487
1,673
957,601 682,952 1,640,553 691,087 300,932 992,019
285,714
132,340
646,046
166,075
82,240		 -
-
552,411
63,000
-		 285,714
132,340
1,198,457
229,075
82,240		 315,766
196,114
1,163,793
313,663
164,370		 -
-
308,324
60,000
-		 315,766
196,114
1,472,117
373,663
164,370
1,312,415 615,411 1,927,826 2,153,705 368,324 2,522,029
(354,814)
-		 67,541
-		 (287,272)
-		 (1,462,618)
(61,000)		 (67,392)
61,000		 (1,530,009)
-
(354,814) 67,541 (287,272) (1,523,618) (6,392) (1,530,010)
(354,814) 67,541 (287,272) (1,523,618) (6,392) (1,530,010)
992,525 142,187 1,134,712 2,516,142 148,579 2,664,722
637,712 209,728 847,440 992,525 142,187 1,134,712

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 17 to the financial statements.

31

REACT Disaster Response Ltd

Charity statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2025

For theyear ended 31 March 2025
Note
Income from:
Reconciliation of funds:
Donations and legacies
Charitable activities
Charitable Operations
Other trading activities
Net income / (expenditure) before transfers
Interest income
Total income
Expenditure on:
Raising funds - charity
Charitable activities
Operations
Training
Volunteers
Total expenditure
Total funds brought forward
Total funds carried forward
Transfers between funds
Net income / (expenditure) for the year
Net movement in funds		 Unrestricted
£
751,589
30,257
98,629
3,165		 Restricted
£
682,952
-
-
-		 2025
Total
£
1,434,541
30,257
98,629
3,165		 Unrestricted
£
379,087
31,278
48,335
1,562		 Restricted
£
300,932
-
-
-		 2024
Total
£
680,019
31,278
48,335
1,562
883,640 682,952 1,566,592 460,262 300,932 761,194
285,714
709,046
103,075
82,240		 552,411
63,000		 285,714
1,261,457
166,075
82,240		 315,766
1,163,793
313,663
164,370		 -
308,324
60,000
-		 315,766
1,472,117
373,663
164,370
1,180,075 615,411 1,795,486 1,957,592 368,324 2,325,916
(296,436)
-		 67,541
-		 (228,894)
-		 (1,497,330)
(61,000)		 (67,392)
61,000		 (1,564,722)
-
(296,436) 67,541 (228,894) (1,558,330) (6,392) (1,564,722)
(296,436) 67,541 (228,894) (1,558,330) (6,392) (1,564,722)
950,294 142,187 1,092,481 2,508,623 148,580 2,657,203
653,859 209,728 863,587 950,294 142,187 1,092,481

32

REACT Disaster Response Ltd

Company no. 09644561

Consolidated and Charity Balance Sheets

As at 31 March 2025

REACT Disaster Response Ltd
As at 31 March 2025
Consolidated and Charity Balance Sheets		 Company no. 09644561 Company no. 09644561
Note
Fixed assets:
11
12
Current assets:
14
Liabilities:
15
17a, b
Designated funds
Total unrestricted funds
Total assets less current liabilities
Debtors
Funds:
Restricted income funds
Unrestricted income funds:
General funds
Non-charitable subsidiary funds
Creditors: amounts falling due within one year
Net current assets
Total net assets
Investments
Cash at bank and in hand
Tangible assets
Total funds		 2025
2024
£
£
16,544
28,533
-
-
16,544
28,533
64,761
91,406
922,132
1,172,721
986,893
1,264,126
(155,997)
(157,947)
830,896
1,106,179
847,440
1,134,712
847,440
1,134,712
209,728
142,187
653,898
582,379
-
367,997
(16,186)
42,149
637,712
992,525
847,440
1,134,712
The group		 2025
2024
£
£
16,544
28,533
2
2
16,546
28,535
130,060
185,997
862,547
1,020,735
992,608
1,206,732
(145,567)
(142,786)
847,041
1,063,946
863,587
1,092,481
863,587
1,092,481
209,728
142,187
653,859
582,298
-
367,997
-
-
653,859
950,294
863,587
1,092,481
The charity
16,544
64,761
922,132		 28,533
91,406
1,172,721		 16,546
130,060
862,547		 28,535
185,997
1,020,735
986,893
(155,997)		 1,264,126
(157,947)		 992,608
(145,567)		 1,206,732
(142,786)
830,896 1,106,179 847,041 1,063,946
847,440 1,134,712 863,587 1,092,481
847,440 1,134,712 863,587 1,092,481
209,728
653,898
-
(16,186)		 142,187
582,379
367,997
42,149		 209,728
653,859
-
-		 142,187
582,298
367,997
-
637,712 992,525 653,859 950,294
847,440 1,134,712 863,587 1,092,481

Approved by the trustees on 20 November 2025 and signed on their behalf by

Lieutenant General Sir Charles Stickland

Chair

33

REACT Disaster Response Ltd

Consolidated statement of cash flows

For the year ended 31 March 2025

For the year ended 31 March 2025
Depreciation charges
Dividends, interest and rent from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash (used in) operating activities
Cash flows from operating activities (as per the
statement of financial activities)
Net cash provided by / (used in) investing activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year		 £
£
(287,272)
12,692
(3,197)
26,644
(1,950)
(253,084)
3,197
(703)
2,494
(250,590)
1,172,721
922,132
2025		 £
£
(1,530,008)
16,471
(1,673)
216,990
(146,323)
(1,444,544)
1,673
(25,667)
(23,994)
(1,468,538)
2,641,259
1,172,721
2024
(253,084)
2,494
(250,590)
1,172,721		 (1,444,544)
(23,994)
(1,468,538)
2,641,259
922,132 1,172,721

34

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

a) Statutory information

b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

These financial statements consolidate the results of the charity and its wholly-owned subsidiary REACT Group Solutions Ltd on a line by line basis. Transactions and balances between the charity and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two entities are disclosed in the notes of the charity's balance sheet. A separate statement of financial activities, or income and expenditure account, for the charity itself is not presented (because the charity has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006).

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The accounts have therefore been prepared on a going concern basis.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

35

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

g) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Cost of raising funds 5%
Operations 60%
Volunteer training 20%
Volunteers 15%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

36

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

k) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £250. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment 4 years
Website 4 years
Fixtures and fittings 4 years
Plant and machinery 4 years

l) Investments in subsidiaries

Investments in subsidiaries are held at cost.

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Short term deposits

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

p) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of loans which are subsequently measured at amortised cost using the effective interest method.

r) Pensions

The group operates defined contribution pension schemes. The assets of the schemes are held separately from each other and from the those of the charitable company and its subsidiary, in independently administered funds. The pension cost charge represents contributions payable under the schemes.

The charitable company has no liability under the scheme other than for the payment of those contributions.

37

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

The trustees do not consider that there are any sources of estimate uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Grants
Donations
Donations - Gift In Kind		 Unrestricted
£
58,302
607,468
43,627		 £
396,642
286,310
-
Restricted		 2025
Total
£
454,944
893,778
43,627		 Unrestricted
£
14,948
316,398
40,303		 £
129,918
171,014
-
Restricted		 2024
Total
£
144,866
487,412
40,303
709,397 682,952 1,392,349 371,649 300,932 672,581
Charitable operations
Total income from
charitable activities		 Unrestricted
£
30,257		 £
-
Restricted		 2025
Total
£
30,257		 Unrestricted
£
31,278		 £
-
Restricted		 2024
Total
£
31,278
30,257 - 30,257 31,278 - 31,278
Trading Activities Unrestricted
£
214,750		 £
-
Restricted		 2025
Total
£
214,750		 Unrestricted
£
286,487		 £
-
Restricted		 2024
Total
£
286,487
214,750 - 214,750 286,487 - 286,487

38

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

5a Analysis of expenditure (current year)

Staff costs (Note 7)
Other staff costs (inc contractors)
Project costs
Direct fundraising costs
Support costs:
Consultancy
General
Depreciation
Facilities & Technology
Insurance
Governance costs
Total expenditure 2025
Total expenditure 2024		 Charity
Trading
activities
£
£
224,749
121,096
30,765
4,691
-
-
17,548
-
-
-
4,988
-
-
-
5,061
6,553
2,530
-
285,641
132,340
73
-
285,714
132,340
315,766
196,114
Fundraising		 Charitable activities Charitable activities Charitable activities Governance
costs
£
-
-
-
-
221
-
-
1,235
1,456
(1,456)
-
-		 2025 Total
£
1,210,907
35,456
391,648
17,548
-
99,972
12,692
107,774
51,829
1,927,826
-
1,927,826
-		 2024
Total
£
1,577,032
52,415
397,950
61,762
158,250
131,781
16,471
82,182
44,185
Charity
£
224,749
30,765
-
17,548
-
-
4,988
-
5,061
2,530
 Operations
£
732,201
-
364,751
-
-
-
59,850
12,692
60,733
30,356
1,260,583
874
1,261,457
1,472,117		 Training
£
88,574
-
26,897
-
-
-
19,950
-
20,244
10,119
165,784
291
166,075
373,663		 Membership
£
44,287
-
-
-
-
14,963
-
15,183
7,589
82,022
218
82,240
164,370
285,641
73		 2,522,029
-
285,714 -
2,522,029
315,766

39

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

5b Analysis of expenditure (prior year)

Staff costs (Note 7)
Other staff costs
Project costs
Direct fundraising costs
Support costs:
Consultancy
General
Depreciation
Facilities & Technology
Insurance
Governance costs
Total expenditure 2024		 Charity
Trading
activities
£
£
223,382
137,181
-
52,415
-
-
61,762
-
10,188
7,176
-
-
-
3,887
4,450
8,254
2,067
314,650
196,114
1,116
-
315,766
196,114
Fundraising		 Charitable activities Charitable activities Charitable activities Governance
costs
£
-
-
-
-
4,736
-
-
845
5,581
(5,581)
-		 2024 Total
£
1,577,032
52,415
397,950
61,762
158,250
131,781
16,471
82,182
44,185
Charity
£
223,382
-
-
61,762
10,188
7,176
-
3,887
8,254
 Operations
£
936,064
-
301,071
-
76,743
69,639
16,471
46,639
22,700
1,469,327
2,790
1,472,117		 Training
£
182,410
-
96,879
-
40,753
28,703
-
15,546
8,254
372,547
1,116
373,663		 Membership
£
97,995
-
-
-
30,565
21,527
-
11,660
2,064
163,811
559
164,370
314,650
1,116		 2,522,029
-
315,766 2,522,029

40

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

6 Net income / (expenditure) for the year

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2025 2024
£ £
Depreciation 12,692 16,471
Audit of the Charity and the Group 10,750 10,200

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Employer’s contribution to defined contribution pension schemes
Social security costs
Salaries and wages
Redundancy and termination costs		 2025
£
1,048,050
7,700
103,855
51,302		 2024
£
1,358,480
4,957
144,601
68,994
1,210,907 1,577,032

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:


national insurance) during the year between:
2025 2024
No. No.
£60,000 - £69,999 - 3
£70,000 - £79,999 - -
£80,000 - £89,999 3 3
£90,000 - £99,999 - -
£100,000 - £109,999 1 1

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel of the group and of charity were £402,538 (2024: £389,042).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024: £0). No charity trustee received payment for professional or other services supplied to the charity (2024: £0).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £0 (2024: £598) incurred by 0 (2024: 1 ) members relating to attendance at meetings of the trustees or active operational tasks for REACT.

The average number of employees of the charity (head count based on number of staff employed) during the year was 22 (2024: 25). The average for the group was 25 (2024:30 ).

9 Related party transactions

There were £34,906 (2024- £7,580) of donations from related parties. These comprised £906 in unrestricted individual donations and £34,000 in unrestricted donations from charities with a trustee as a related party.

41

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiary REACT Group Solutions Ltd distributes under Gift Aid available profits to the parent charity. Its charge to corporation tax in the year was:

2025 2024
£ £
UK corporation tax at 19% - -
11
At the start of the year
The Group and charity
Cost or valuation
Tangible fixed assets
At the start of the year
Additions in year
Eliminated on disposal
At the end of the year
Net book value
Disposals in year
Charge for the year
At the start of the year
Depreciation
At the end of the year
At the end of the year		 Plant and
Machinery
£
5,958
-
-		 Website
£
24,840
-
-		 Fixtures and
Fittings
£
720
-
-		 Computer
Equipment
£
27,168
703
(11,094)		 Total
£
58,686
703
(11,094)
5,958 24,840 720 16,777 48,295
3,723
1,489
-		 6,210
6,210
-		 215
180
-		 20,006
4,812
(11,094)		 30,154
12,691
(11,094)
5,212 12,420 395 13,724 31,751
746 12,420 325 3,053 16,544
2,235 18,630 505 7,162 28,532

All of the above assets are used for charitable purposes.

42

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

12 Trading subsidiary company

The charity owns the whole of the issued ordinary share capital of REACT Group Solutions Ltd, a company registered in England. The company number is 11539755. The registered office address is Chilmark, Salisbury, SP3 5DU. The investment is carried at cost of £2 (2024: £2).

REACT Group Solutions Ltd is used for non-primary purpose trading activities. REACT Group Solutions Ltd was incorporated on 28th August 2018 and commenced trading in September 2020. All activities have been consolidated on a line by line basis in the statement of financial activities. All taxable profits are expected to be distributed under Gift Aid to the parent charity.

A summary of the results of the subsidiary is shown below:

A summary of the results of the subsidiary is shown below:

Gift Aid to the parent charity.
Cost recharges payable to parent undertaking
Profit / (loss) for the financial year
Assets
Reserves
Profit/(loss) on ordinary activities before interest and taxation
Interest receivable and similar income
Gross profit/(loss)
The aggregate of the assets, liabilities and reserves was:
Cost of sales
Taxation on profit on ordinary activities
Turnover
Retained earnings
Total retained earnings brought forward
Profit / (loss) for the financial year
Distribution of Profits
Total retained earnings carried forward
Liabilities
Administrative expenses
Profit / (loss) on ordinary activities before taxation		 2025
£
214,750
(70,045)		 2024
£
286,487
(113,460)
144,705
(160,923)
-		 173,027
(130,989)
-
(16,218)
32		 42,038
111
(16,186)
-		 42,149
-
(16,186) 42,149
42,149
(16,186)
(42,149)		 7,519
42,149
(7,519)
(16,186) 42,149
62,681
(78,865)		 159,081
(116,930)
(16,184) 42,151

Amounts owed to/from the parent undertaking are shown in note 14.

43

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

13 Parent charity

The parent charity's gross income and the results for the year are disclosed as follows:

2025 2024
£ £
Gross income 1,566,592 806,794
Result for the year (228,894) (757,925)

14 Debtors

Debtors
PayPal & Stripe debtor
Trade debtors
Other debtors
Prepayments
Amounts due from group undertakings
Trade creditors
VAT
Accrued income
Creditors: amounts falling due within one year
Other creditors
Accruals + Deferred Income
Taxation and social security		 2025
2024
£
£
3,975
16,410
6,000
6,000
4,449
13,904
-
-
45,153
50,369
5,185
4,722
64,761
91,405
2025
2024
£
£
9,794
7,384
43,997
27,527
30,300
53,820
12,048
11,455
59,859
57,760
155,997
157,947
The group
The group		 2025
2024
£
£
3,975
12,450
6,000
6,000
4,449
8,746
68,435
16,532
45,153
50,369
2,049
1,587
130,060
95,684
2025
2024
£
£
2,154
1,652
43,765
22,352
29,029
50,485
12,048
11,455
58,571
56,760
145,567
142,704
The charity
The charity
155,997 157,947 145,567 142,704

15 Creditors: amounts falling due within one year

44

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

16a Analysis of group net assets between funds (current year)

16a
Analysis of group net assets between funds (current year)		 16a
Analysis of group net assets between funds (current year)		 16a
Analysis of group net assets between funds (current year)
16b
17a
At 1 April
2024
Income &
gains
£
£
Restricted funds:
-
16,695
-
38,540
-
182,291
129,918
180,000
-
116,330
-
16,183
MacRobert Trust - Training
-
44,650
Op Mandalay (Myanmar Earthquake)
-
3,370
Officers Association Scotland
-
10,000
W Simpson - Overseas Response Fund
2,830
-
2,239
74,893
200
-
7,000
-
Total restricted funds
142,187
682,952
General funds
582,379
742,851
Designated funds
367,997
-
950,376
742,851
42,149
214,750
1,134,712
1,640,553
Net assets at 31 March 2024
Burges Salmon Trust - Bristol & SW
Non-charitable subsidiary funds
Total funds
Unrestricted funds:
Net current assets
Tangible fixed assets
Net assets at 31 March 2025
Analysis of group net assets between funds (prior year)
Tangible fixed assets
Op Beryl - Schools Project
Op Beryl - Caribbean Response
Flood Development Fund
Movements in funds (current year)
Op Pace - Ukraine
Rapid Response Fund (GIP)
Veterans Foundation - Training
RRT Fund - Midlands Region
Net current assets
International Response
Total unrestricted funds		 £
16,544
621,168
General
unrestricted		 Restricted
funds
£
-
209,728		 Total funds
£
16,544
830,896
637,712 209,728 847,440
£
28,533
963,992
General
unrestricted		 Restricted
funds
£
-
142,187		 Total funds
£
28,533
1,106,179
992,525 142,187 1,134,712
Expenditure
& losses
£
(35,951)
(90,355)
(182,291)
(58,847)
(116,330)
(9,325)
(25,150)
-
(10,000)
(2,830)
(77,132)
(200)
(7,000)		 Transfers
£
19,256
51,815
-
(71,071)
-
-
-
-
-
-
-
-
-		 At 31 March
2025
£
-
-
-
180,000
-
6,858
19,500
3,370
-
-
-
-
142,187 682,952 (615,411) - 209,728
582,379
367,997		 742,851
-		 (1,081,447)
-		 410,114
(367,997)		 653,898
-
950,376 742,851 (1,081,447) 42,117 653,898
42,149 214,750 (230,968) (42,117) (16,186)
1,134,712 1,640,553 (1,927,826) - 847,440

The narrative to explain the purpose of each fund is given at the foot of the note below.

45

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

For the year ended 31 March 2025
17b
Op Anatolia (Turkey Earthquake Appeal)
Op Arap
W Simpson - Overseas Response Fund
Total restricted funds
General funds
Designated funds
Non-charitable subsidiary funds
Flood Development Fund
Movements in funds (prior year)
Unrestricted funds:
Burges Salmon Trust - Bristol & SW
Op Atlas - Morocco Earthquake
Rapid Response Fund (GIP)
Total unrestricted funds
Total funds
RRT Fund - Midlands Region
Restricted funds:
Op Pace - Ukraine
Veterans Foundation - Training		 At 1 April
2023
£
-
-
129,918
-
7,201
8,591
1,870
-
-
1,000		 Income &
gains
£
29,233
82,593
129,918
20,000
1,285
-
960
30,743
200
6,000		 Expenditure
& losses
£
(135,233)
(102,593)
(45,000)
(20,000)
(28,403)
(8,591)
-
(28,504)
-
-		 Transfers
£
106,000
20,000
(84,918)
-
19,918
-
-
-
-
-		 At 31 March
2024
£
-
-
129,918
-
-
-
2,830
2,239
200
7,000
148,580 300,932 (368,325) 61,000 142,187
2,039,627
468,997		 404,488
-		 (1,869,255)
(40,000)		 7,519
(61,000)		 582,379
367,997
2,508,624 404,488 (1,909,255) (53,481) 950,376
7,519 286,598 (244,449) (7,519) 42,149
2,664,723 992,019 (2,522,029) - 1,134,712

Purposes of restricted & designated funds

Current Year

Rapid Response Fund (GIP) and International Response - These funds are available for responder training and international humanitarian deployments. Funds were transferred in year to support Volunteer training, Op Beryl (Hurricane Response , Brazil Flood Response, Op Pace (Ukraine Projects) , approved by the donor.

Op Beryl - Caribbean Hurricane Response supporting our teams on remote islands such as Union and Canuan Island, and a secondary purpose of replishment of equipment and consumables and training. Op Beryl (Schools) - Caribbean Hurricane Response supporting a schools project, for island children whose schools Veterans Foundation - Development & Training of a Mental Health Network Op Pace - Ukraine Fund. Resilience training.

MacRobert Trust - Volunteer Training Flood Development Fund

Burges Salmon Trust - Flood Development & Response - Bristol & SW

46

REACT Disaster Response Ltd

Notes to the financial statements

For the year ended 31 March 2025

17b Prior Year

Rapid Response Fund (GIP) - This fund is available for repsonder training and international humanitarian deployments. Funds were transferred in year to support Training, Op Atlas (Morocco Earthquake), Op Anatolia (Turkish Earthquake, Op Pace (Ukraine Projects) , approved by the donor. Op Anatolia - Turkey Earthquake Appeal to support our humanitarian response for our teams deployed into Turkey, and a secondary purpose of replishment of equipment and consumables.

Op Pace - Ukraine Fund. Humanitarian response via partners in Ukraine including a hot food project for displaced people, and resilience training.

Veterans Foundation - Training

W Simpson - Overseas Response Fund

Flood Development Fund

Burges Salmon Trust - Bristol & SW Rapid Response Fund - Midlands Region

Designated Fund - For the purpose of funding humanitarian deployments and overseas projects, including training and equipment.

18 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

47