REGISTERED CHARITY NUMBER: 1175204
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
FOR
VETERANS OUTDOORS CIO
Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS
RqxMtofthETTu5tEe5 1 tr> 2 BaiarKeSTr* 6 to 11 12
REFX)RTOF THEIRUSTEES fo[l*yE1¥d3l O£tobu2025 apphc/bk to c1w1 pl¢pg the xcovnts w acCOrde the Re stsjthd appJKabk io the UK3tdRybkc of IteJalldlFRS 1021 leffectstE l J3lluary ?0191. OBJECTIITSAND AernlTIES TheobJesOftkne cbw ate". .ts offeriknKulttx3J thWy?d0knOdoellbeing ¢$¢53nd fam1¢5¢XMbwc$i. th3tlsabts£.()0 STRLcfLIiE, GOITIINLICE LYDI%ILIAGEhlENr 3ttdattlljthd( 15tNNtmbtt2021 REFERENCEAm).4DThlllIR4II DETAIts 11752D4 Prillcipaladdre55 4 Stontsclost Iiybtid8e PL21 OP2 Trusioes M5 L$11[.wahS N Gnffitbs C We5troD.Bthr M& Kmullattt N Woode[ la]ted27.$.25) hf5Ttkn.txr13tFDilltrd217.25) MsJMaT¢h l¥p)wted 27 5 251 hlss SJDaJley(4yomts1217.251 Independent Esamin•r ?2 uJUstreeT NewtAt TQ12 US
REPORTOFTHE TRUSTEES krth2YeatEtthd31 Octobet2O25 AAxoYedbyoJdetof theb1>ftsus0ll30M3tth2o2O alld oltsbEhalrb. NWood.TDJsttt Page2
IDdepeideil xamther's rèport to ¢be %00$ oll-tèraDs Outdoors CIO Re5Poll5ibilth And ba5isofTeport CbatJLiesAct2011 CtsAd). 14515Mb}oftiAci. Indepe•deMteiilTher.S cc¢xllthgrecor&wereTr)tkepimrespectofthe Ttust3SJeqUUEdby SectsoD 130oftheAct. or thE3cCts &taCCOrdwo5CICclaS. Qt tr* accouots do cowiy with tht app11cab fequwts con¢eJning the fLYm and of acco5 bt thawtsiti thts14x)rtitiordu to¢Jthleapr(w utrkntatsjthgof thtxr0witst0beitxj 22 Uniollslteet NtwtoDAbknt TQ12 2JS 7 Mzy2026
YeatEth31 Ociober 2Q25 2024 Totsi Totsl CO_IIE EITh)I%IIEF4TSFROII Donatioti53tsdltgacies 90.wo 171.754 194.fA9 191 171.751 194 EXTrE)l)Tftll<E ON Charltabk a<llilllÈs 175.7C 225 NET INCOhlEI(EXPLST)IfuRE) 42 {1&5O0) 24103 19.074 RECONCITOI OFFLThDS 10.774 34.wo 52.701 TOTAL FLll¥DSCARRIED FORTr ARD 70.238 51.715 ge4
BALANCE SHEEr 31 Octokn20?5 Ttytal fuDds FLYED ASSETS T4DBJbka55ets 389 cl7iRE ASSETS 11240 48,12t* 64.029 S3J87 00379 7Q879 55J87 CREDttORS (I,f13fll (1.030) 12201} NETCiTrtRL)T ASSETS 5gJ4 lo0 51)80 TOT.4L.4SSETSIESS CIWiEI¥T 7Q238 ST.775 NET ASSETS 16.400 7¢•38 Sl.775 49,738 16.775 35.( TOT.4L FUNDS 7A238 51.775 ed0lby". NW(Kxl. T ges
ITRANS 0ullRs CIO NOTE5 TOTEtE FINANCLAL ST forthe YedtEnded 31 OctLkn2025 ACCOIryrnC POLICIES Basisofpr¢partDgtbe alala1 statemeits The fillaL41 StztrJts of the cbty. V4bJch Js a tHthhc beDE& elltity FRS 102. beell prry3ted ' ttsJd3tKc witb thc Cbantic5 SORP s 1021 'AtC(pUllkng alld RC1th by Chanknts. statCtt of Rwbllg StslldaTd 4ybc3ble JD the UK Repubhc of Jtejand (FRS 102) leffethr l J4zw 2019),. Stsjthd 102 Tr FAl31 Rtitig Stattdard 4wb"cable itt tht UK aJd Rtpubhc of Jncom• Expe11 the amoull¢ of oblLgattL cajj be Lwtsuted reJLAbly Exrtndit is a¢cowitrd for on ao b35is attd Tai£Lbk Ilxed assÈ15 RestrKted Cl on]y bt ed fot pxtscuiat ie¥trictyl wp)ses withtii the obJed5 of chw. 2025 2024
forth2YeatEtthd31 Octobet2ts25 ]RUSTEES' REIIL)TIi4TIoNyD BLITFITS ellded 31 OctoiYt2024. Trnstoes, ejpeo5 tyU5*e5'expW5WC[¢ln 31MQctylv292412023." COfvJP.4KIT11I5 FOR THE STATETrIENtOFFIN.4NC14L.4CTIIThES ll¥COllE EYDOITrIIENISFROhl 55.408 159241 191.049 191 Tot 35.SSWJ 159.241 194.840 EXPENI)ITLIIE OL Chailable a(tlilties s1.or2 144.fjy 175.70fj NET INCONIE 4.527 14.$47 19.074 RECONcITIoN0F FtllYDS Total fikthbrouebi foThvard 12.248 20.455 32.701 TOTAL FtryDS CAIWED FORII'AFI) 35,( TANCIBII FIXED ASSETS equIPDlI COST Al l N<x}24and31 Octobet2025 J8 I¥ET B(YOKTr"ALL At31 Octokn2025 389 31 (kno2024 389 PAgt7
fO[trYEd5I Ociober 2Q25 CURRL)I ASSET ThIESPIENts 2025 2024 17.15 2D24 2024 i.ojo 2201 Net At LJbrstrklÈd ftsttds 37$ (114) {250) 11oiJ 75 IkLa520TnJ5t SwteTnist StJallAxe 4J58 250 1,875 42 17.lY) {17$) Aw3t&fotalJ 17 16.774 4?S63 DOD io,( 20,000 120.WOI {L£(MJ) G3rfMWestr ACFPosllJvePathv4uysW¢xlleDs t¥oJect 4,5fjD 4,0 3i,OOD Il8.W) 108M TOTAL FlDs 24.463 70238 Pagr 8
fotthe YurEI31 ottob2025 IIOITME1 INFLThI)S. 1055e5 •,754 6.0 21JAW (lJ$8) (4J48) 235 Dc La5zDTTu5t 42 1715fy (1075) (i.wo) stJalsPe (1,874) 171 Awardqforall (I,soo) (2.4OD) ?0.( 173M 75,7.q4 13i,D41) 2J5 42903 Restrktpd fuDds RAFBcllcTrolurtFuz .0 (4 Troo) (20.fjOQ) 19,5001 ao.ooo) {20,000) (4.400) li,( io.( ABFSoJthtts Charity •O,IM)O) (4310) G3tficldWc5tt ACFP¢thPIthTY$wOes Ptoie 134,5OD} I18) TOTAL FLryDS 171,754 (149,541) 2JSlJ 34,40J
NOIES TOIHE FINANCI4L STA fortht YeEnded 31 octo 2025 Net At 1.11.23 31.ID.24 12248 14.0501 4.95g 250 1.875 8.192 4.958 250 StJAMKsPLKe 1.5(K> 12248 4527 16.775 LYQytyC3f*Tn251 RAFBellevoietttFutd Vetrrans, Fod3th 13.OWI ii.orA)) 2.5rK> 12.51X)I 3.953 io.( 13.9S31 io.Mo 4.500 20.IXXI 4.50Q 4.500 20_453 14.547 35.Q TOTALFLThDS 32.701 19.074 51.775 PagE 10
fi>[ theY&End51 Octoiu 2025 8.153 1112091 11.0421 14.0561 4.958 250 1.875 IkLaszoTnLst SwJTe Tfu4 StJ3tllesPJ3Ee 15.0 2_51N (2.4401 35.599 131.0721 4.527 Kestrict¢d lupds rchaugc GtOthiDgTogethtt LYOyJyCan¢Twst 39250 139.2501 13.owi li.0) 124.WOI {10.oDoI 110.8001 {12.5001 (J.w)I ii.(th)I 30.OLYJ io.oth) 10.8 10.0 Awatds fotAll ABF Soidiersljw 12.5L¥)I tifr5tylcs 13.9531 13.9531 10.(KX) 24.191 20.(KA) Gatfieldweston ACF Posthie PathwaysWorttllsTroJert 115.5001 Is.0) {10.5001 l59.241 {144.6941 14.547 TOT.4L FtThDS 194.840 (175.7061 19.074 REL.*TED P.4RTYDISCLOs(Es Pdgeil
hrthEYeatEDded31 octoi1025 2025 2024 INCOhlEANTI ENDOIIThIENTS DtsDadons and le£a¢l 2.754 169WD 2.962 191.087 171,754 194.649 191 171,754 194.840 EXTENTIuRE CbaritabkaclisTtips 52.492 91.038 25.847 Core Se¢t &IiNYryc05ts 6719 38 426 25 251 716 403 116 939 18 3.320 174 217 3.199 12 143 252 458 I491 175.766 175.706 el th¢•me 22.Il3 19.074 Page 12
I-NOVEMBER 2024- 31-OCTOBER 2025 Re8Charity no.. 1175204 Veterans Outdoors ANNUAL REPORT FOR 24/25 VETERANS CHARITY OFTHEYEAR'2D-'2G Lkl'ETERANS MENTAL HEALTH (;IIAllI'fY ob. TIIE YLAR'2.i- VETERANS OUTDOORS VAVW.veterans¢)utdor*Yk
CEO INTRODUCTION Praise from many direclions It's always gratitylng to recelve praise lor ourwork, especlally In a field as complex as veterans, mental health. Those moments when beneficlarles thank us for changlng, or even saving, their Ilves are 3$ Importantto us as they areforthem. Thi51snotjLttauseit(OnN5a5ns@ofollrJC>WlIdDn@Art Th@ jud&nB panels for all te award5 var5 w3ised because inf<jrtnstwayWÈsUptttkJ5eW[Tos5rpath intKwatiot4 dedi(ation and the ovwall quality of ow car the future. SLuessful case stud% are vSts1 to r fUer5 Because vEre OV a small team of a It rneans that every t(0 reassuringthemthat tr fèith in us is Y14nded aid member of our stsff rnust tske some crt for what we're tr T[K3t is W11 spent. And Duf 5ur£e55e5 fEitfforte the achievi WE're like a f11¥ a5 a5 bng cdle3SUE5. ndof tru5tthat exists between Veteran5 Outdoor5 and thB BonEficiarie5WhosndtImithU550OnleWhDeryon nuou50r6a1SatI(Sthatrslarl¥refertlarlstous is ¥ tfv Its an itnportant cnOnent of - NH5 a[ Gpsur8wies.Op.CrgP. Novawd 5wce55 it ansWe(n 8uarantee the highÈst staardS of safeguardlng all rlsks a55es5ed. staft regularly trald fwLnt case referrèLs discussed th relevant We've Dever gone |LklrE for Lwalse so when It c(w frLNTr 5taknrt(rytKxlie& further afield It5 both 5LrprlsSrE and eTherS[rE for t tea ThisyearvéewEreddishtEdto receiYeadutchDf award5from ThÈ5torie5 of S¢¥nE Df thD5E benEficiarie5 are tdd e15ewherÈ pane15thathadexaminedaurwork-V•lthDutoUrknot-d in thi5 rewrt each On pa18 trit0 to th lrfchan&n8 hadEn lThyress byoLrachlwent e of Ythin8Wth Veteran5 Outdocr& Whilewe are alw4% 8ratelul apweciative lor ttKJsÈor8ani5ations W Th8 knth8rn Enter5@ Award5 nam us a5 t1r krwmledge our )rk wSth title5 aw¥ds it's real. Veterans Ch¥ity ol thÈ Year vthile the GHP Mental lifestDrlesthalvitllrerner(thrforwrstocome.Thankyouto Award5 cke0 u5 as UK Veterans Ment•1 He•lth Chorlty of all thDSe that[ke wryrk [Ssible3 toour tlarIeS the Year. Ar Wh1 v vme 5tiii trylrE to dlgest th)se two whD58starie5 In¥ireu5vderyday. colades. Y were n2n)ed as Veterans Wellbang p¥t ProsrammE of the Year at thE C<ryorats InnDvation and ExcEllenceAward chEx@tWe
CONTENTS Contents ¥.1 CEO Introductlon Our year in numbers Pamela's Story Teri'5 Story Rich's Story Chalr's Report 10 Thankyou
OUR YEAR IN NUMBERS Ouryear in niimbers a £171,754 fs £149,541 GRANTS & DONATIONS EXPENDITURE 193 117 ACTIVE BENEFICIARIES EVENT DAYS AS OF31.1025 OF OUR BENEFICIARIES Id 35/ io/ MALE REGISTERED DISABLED 1? 65/ 17/ FEMALE FAMILIESOFVETERANS OR THOSE STILLSERVING 1¥ 7/ STILL SERVING
Support when . il matters ' Pamelatakesa breakduringone of our Moorlandwalkswithguide Rich C*Jodin& Pamela. a former Naval steward lolned us In July one0fwnd-bre8k1rEEmOtlOnal ResllIerKeCr5tt.tN$ '25. attendlng Dartm(x)r Walks. a Yoga Course onE on LerStandI[ etn0tKX wa5 atK>ther twnins poinL and an Emotlonal Reslllence Course - all glvlng 'lts real1moVed [nyconMer@. Beforethecourse I didn't her much needed resplte from a confuslng and go anyvrtwe. I was Isolati rnbryotr. I was dowTL I still sometlmes chaotSc home Ilfe. She works as a t anxlous. bjt I've learnt to dlal It down a peg or tvthx nurse at t)errllord Hospltal In Plymouth, Ilvlng In Vetttanstthrs SsverysuprAYtSveandaNet0gTrrX)stt a shared house whlle her partner works abroad. ritYntsforte.. She's torn tween staylng In Devon where she loves herlob, or movlng back North to be cl¢>se to herfamily. She wa5 tdd aiwxrt Veterw5 Ilrtilwrs counselll slEnedupftKLeofoLY Dartwa1k5. Shetold uS..'Tr leam ve VEry apprDthIAe. They ktEw tht my drfficuÉ and in5tantlYtne MfeelweI({1[ne. T1were50 suPrtI,1tsa[w.Anl.v@MadQnV1end5thtIak 'l'hc tcain Tri'crc l-e. appi'oachal)Ic. to¢)ut51detheevE¥bt 'I'hei- kiieii <qboiit dirficiilties and iiistaiitli- niadc inc feel ii'clconie.
TERI'S STORY
TERI'S STORY
Supporl for
the siipporter
Teri knows only too well the challenges of IoDking
after 3n Army veteran partner. Her husband
Mark, a Falklands Veteran, has complex PTSD,
memory loss and suffered several strokes and
heart attacks- including a cardiac arrest in which
Teri nearly lost him. Medic5 brought hirn back with
'one last try, after 35 mlnutes of resuscltatlon.
The impact on Teri's own health has been
significant,. she suffers from fibromyalgia and
stres5-related seizure& A wheelchair user,
she can only Stand for brief peri$ or walk
short distance5.
WetTeri,aqUalifiedth8r3St,¥jhenvetétarI5(XrtdWrs
wa5 IookitEforsotn to run an arttherapy [r5efor0L
tficiar1@S.Th c
TERI, Teri'sArt Therapy Course5 woved popularwith all thoseveterans who attended b5equentlyy a day (rf falconry kntdlsuY.'I hav&bEenthinkira kntathat 1naPart eflect on Teri as she fou[ peace a[ WLYuty in tho woods. of Vetwans tdrS manst0 . It feels liko a safÈ 'ThebirdSCldCkup0n3nm1ety.settlit2n0tytP1nWith. a plxevJlwe I cw bp rlfwIthout the wSure ol I coukl understaThl the interlI0n wNch wès very enYJUonal to 5WQOrt MySbal ar wl hlmfirsL It's tSmelust for me. but 1ftin& When I rernber it I fed at PEace. I carry it t1mEtD<knpre55andlEtBtk..itnportttsMe[Kt jU5t501can th ME. At tirne5 of 5tre55, I cast my tnind ba(k to tny t1[ relax t50that I (anrealfeel lrfted bYtiMe180h0M. in tho wo& Itwas a priwlegej the best thing I have d0Th in a I8t1." I'mso8ratefultohaveV.Q35a 0Ur{eform8.Th8rarQV@ry few ceWhere I can 80 andfeel an&valued a5a 1TrOred bv work th VeteraTrs Ckrtdw% Terl is wrferfakEteraTh' now facllltatlrE tree art4ed ther courses for fema VEteran5. heltxtE htttsnIty1rtpr<1eCt3d thr¢h*n [3111beI 'eteraiis Oiitdoors feels like a place ifvliere I cali be ins'seifiiitliout the pressiire of hai-ii)% lo support iii!. husbaiid and put hini fii'st.-
RICH'S STORY •%A
RICH'S STORY RICH'S STORY Finding calm in nalure Rlch. an army veteran.loined us in 2023. referred by Prolect Nov3 which supports veterans who've had a brush with the criminal justice system. He's struggled wth his Ental health and alcohol abuse and has issues with crowds and )iSe. He knows beSng outdoors helps hls mental health but sometimes, when Ws In crlsis, he might book on to an event and then cancel because he's not had arysleeporhismental health is inapoor5tate. He told US.. the kne%v I wa5 Stressed and I love a[115 atKJ trust them than e. It W35 ItTib. walking to the de In wo$ fell Ilke a reèl thnture. è rEal jour. ThEn. 53t in I was 50 relaxe I remindmy5elfof thatdaily.thinkitEof IKMrelaXIfe. AtttiMe0fritlr0k[ThWthcNasUpuUns Rlch as trle5 to fight evIcti fr¢)rn hls ¥comN)dati notiw that his flat repreSts StalIty whlch cutsthÈ risk ol hlm dr5nkIt and re0ffwK1Sr. redwing ultlmate risk of furt1WtrbIÉWrththIWl. InJLIy25aniIdntInV0lVi[h1Sshb0urshadhIMiSatl tdngtheda¥a[trAINnattSvrnt mnitS0 5ttantthn.AttQratK>thgr.hl8hIYStréssful.(Qurt oaratKe invited hirn to atte a Falconry Day. (kIll hitn up in rni to make surÈ he got there. of his dwtic Ilfe were stress[[ by tho time h iwdon atK]n tKrtthon hewas int(edt0G8tho OVA vjho. remarkablyi sensed RIch'Sstre levelsandthe cal[Y1¥n¥trelaxedt*. Hsays...veter3.{((5I5a[nazit It(ator5311ty5 0fteranS.Mt jU5ttknewthThEntal 31th i55ue% I b¥ethe walk5 1n8 out tnEetitE new tle. IV5 mt just abwt thetyoUhadeaaysbentherem.OntheendOf3 FI.YouhaWet¥erSenuplffl8. I.m50yatefulfortt." Icterans. 1)iitdoors 1% aTna7,iiig. 11 C&ilers foi. all il'i)es 01'i-eteTaiis. i)ol 11151 tIiu5e ii'ltli Iiieiildl liealtl) issues. I'ou liai'e alii'aN's beei) Iliei roi. nie. on tl)e eiid of a phoiie. i'ou l)ai.'c iici-er gii-cn lip 01] mc. lkn so gratefiil for tliat. Rich firKls 3£e with Georgethe (MI.
CHAIR'S REPORT Chair's Report It's been a privilege to join the board of Veterans Outdoors this year as trustee and then as its new Chair. The more I learn about the charity its history, its ambition and its many successes the more impressed l am by the amazing things that Jeremy, Fiona, Mike. Sam. Catherine and Bernard are able to achieve in an increasingly difficultclimate. nwth1miredandhiOYvalPd.0Yrhor1Z0n,t0urn Grassrwt5 Hub- wrbase at Kltleyvthlch we 11 be up and rumlng the of .26. It ¥wll transforrn t wèv )rkenablEU5t0SPendThK>retitethThKe]arleS while Vetera in th &xrthWo5t a Ereatsrfr8edotn to socialisÈ and to Ireate their t. wo incrÈasÈ our ret1 our size w nwst kk to Irf term See if our wc(esses and DrlrKlrAe5 can be rdled out elSeWre In Last years ¢etyxt talked the sen that rni1llari. th Wld wa5 chatwns and our force& and that sUrtthWn, Thed to rethto acceptand adaptto a r¥ vr1d order. Elsththre Sn thls rwrt. CEO ha5 talked ab¢rtrt the r(nitiDTh ¥. already reCVe 3tKJ that varKKJ5 award5 pane15ha4ewai5edouritYxNatiorL That5a1nnt3tiWa5rit is makes us such 3n iThWrtant part of any tfO8ratntne and IStst wll arantee that VÈterans (Irtd()rS continues to an Smr(rtant part In veterans. careand suprKrt In the yearstocome. Writir6 tKwi, intheSprit¥of 2026, rf5stiII U1@arWhatthat new world order 55 golngto Irf like. khiletlwe's3 growi hope that UK forces nw4 not be Iwdved In dlrect CL¥nbat Sn tnear fUre, the likelihoodof u5 Lyinginvolved ina e- keepin8cap1tysrc5e%r5trorr.Eithrwa1t's8ratrfyi[ that defence Spendi[ ha5 twn intr@a1 and extra fundit h15beenetOr¥terTh5urrt NickWd. ChairofTru5teÈS We nowwait to ¥4Jhere that is 8Oin8 to spent nd vlhat Shapethenent.s £5(knOperatlon VALQUR 0Sect- Its veteran supwrt pro3Me- Is thng to be. In S¢rtrth WÈst. Veterans OutdtsNs IS P¥t of è very strN team with Artetni5 Iwoll D} prqect Wov1 tD InnoNatii'e s1)irit 18 Tri-hat inak-e. 115 siich an iinportaiit ijart ol aiiN prograininc" io
THANK YOU - crfOrtnlghtIY D>rtmoorw8lk5 afee0four mstwwlarxtivitie5.The wetter the better. Oursincerest thankstoourvlsionary andgenerousfundersfor theirsupport. 1n24125th1InrIUd 29thMay 1961charitablPtrt TheHEdleyFound•tion ArmyBEnEvokntFund Ard Force5CovenintFundTrust AntonJursen5Chwit•bleTru5t LeMOX Hannaycht1eTnt Th•MacRob•rtTrust Th•AstorFoundation Th•Car•wPo1•Charita•Tt Th•NatnaIL0ttwy- Awar&41 PFCharttabTrust TheClarÈMllnÈTrust CornpanyofArts5thda Pa%tcodeLotalTrust TheDeL•soFoundatlon Queen F4¥VsRoehomMonTru5t Dev0nC¢4nrnUty Foundatlon RoEerClunerbu¢kChorltobTrv$f OYlyCarteCharltaUeTruSt Roval AkForteBenÈvolentFund DraoersCharTtabkFuThJ Roval Nival andRwal rine5chItr Edsar E.LeYFQurati0n TheElmsrantTtU5t Th•FinnisScottFoundation ThekhreierFoundatvJn SoutwCh4ittabl•Trust StJarn•sPlac•Fourd•tion GarheWWestonFoundation Th•knr4CharitableTrust TheGraceTrust ThoVeteransFoundation thvklG*bonsFourAlat li
VETEFiANS OUTDOORS Coiildcl 4stOn5[10S@, Veterans Outdoors is by CEO Jeremy Hibbard reporting to Boaid of Tiustee5chaired by Nickwood. address: GalpinStre@( Ivybrity. Dovon, her trustee5 tho 0d Vre.. Nid( Grrffiths, Tilty Lambort-Loe, Joss Marclk Kelly Mullane. Smalleyt char west¢-B, Hawn Whito a LaUranClaIr-1lI5IAs5[lateTrU5teel. IORZ. TDJsteesarerecrultedtyhvAtadon.