Charlty r•gkntrallon numbor 1185308 {Engl*nd and Walo8)
DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
LEGALAND ADMINISTRATIVE INFORMATION
Tntstaeg
Mal matth￿ Perklns RAMS {ChaK)
Ll Col Timothy Cl&*• RAMS
Peter Corbgtt
Ly RhDJes
Helen Carter
Craig Ha￿aM (Oewity Chair)
Thomas FTarK
Claire ktyhill KHOS RAF
Mark Izatt
(APP￿nted 14 May 20241
Charlty numb
1185308
Prlnelwl iddr••$
Stsnf¢Yd Hal
Stanfofd Hall E8tat&
Slanford on Soar
Lo￿l￿roUgh
LE12 5BL
Indapendent examlnor
Rogers SpefK
Newstead H￿$&
Pèlham Road
Nottinghgm
NG5 1AP
Bankers
CAF Ba
25 Kirwp Hlll A¥￿ue
Klngs Hlll
Vhst M8llirvJ
ME19TQ
InvKtrn•nt advl•orn
CCLA Investment Man•g•menl
COIF Charity Funds
80 Ch&ap8ide
London
EC2V 6DZ

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
CONTENTS
Pag•
Chaiman's stst8ment
Trusle8s' rowt
IrKlepondont •X8mine¢• repirt
statement of finandal activiti'es
Balance sheet
Notes to th fin￿￿01 st8temerrt8
9-18

DEFENCE MEDICAL REHABiufATION CENTrE BENEVOLEMT FUND
CH￿Atr8 8TATEueNT

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The tru81ges present ththr anr￿41 reyt ar¥J fift￿￿81 Statem￿ forthe yew erwjed 31 Marth 2025.
The financial statements have been prepwed in accordan￿ with the ￿UntIr￿j p)Ildes set out in the notes to
the ffina￿al 8t8tement$ and ts)mpty wth the charity's goveming ¢Jocument, the CharibeB AL* 2011 and
"Accounting and Reporting by Charities.. Statement of Racommervjad Practice applicable to tharfiles preparfng
Iheir acc¢)unts in accordancè with the Financial Rep)rtlng Standard appllc4ble in the UK and Rewblic of Ireland
{FRS 1021 (effethie 1 January 2019)".
ObJectlvM and actlYMI
The tharty5 objects are..
8. thg promthon of the effioenry ofthe anned force8 of the CrcAw*:
b. the advancement of health of m￿rtary p8r80rrnl currenwy uThJtsr the ¢aro of thè DMRC.. and
c. the relief of need of mllilary personnd currenty under the care of the DMRC; by 5upw1in9 ￿ physi￿1 and
psychological rehabilrtatlon of Pat￿nts of th? DMRC. particularfy trfjt Th)t exdushety by provldlng spedali$l
medicgl equiwbant and opportun1t1￿ for occup8bon81. socaal and adventure •dvitlg$.
The 8tralegi•s •m￿0Yed lo athieve th8 chanty'6 aims ar￿ objective8 and ￿r major athviti.￿ tt) achig¥e them
ore a8 do8crlb8d in the Ch•ir'$ stat&n￿l abo¥e.
The Iru•t¢¢• have pald due regard Io guidon¢e the Charlty CommI￿10n In d8c¥dlng Wt￿1 athttlej It
¢harlty oh￿Id undthak•.
A¢hhvom•nts and p•rfornwnc•
£hlevements antj perf(￿anCe ￿rfjng th yoor to furtr*r the d￿rIty's purpo8•8 for the benefit are staled
in the Chalr's statement above.
Pyblbc b•n•flt Slat•m•nt
The publlc beneffl8 that flow frc¥n la) are..
{a} an enhanced qualty of r8habilrtatron to benoffiaaries under the C8Te of DMRC Stanfcfd Hall at no •xtM cost to
the UK Taypayer through engagemènt wlth and participatv)n in •cliwbe8 and events that improve reha)ilit8tion
potential physicalty, emationalty and hollsllc81ty'.
Ib) Increase oppMunili¢$ lo engage in new aclivilie8 Post injury arKI groatsr loclal o)heslon',
The dlrect benellt that fl(Ms from Obpct (bl is the incroased eTriency arKI effeth'venes8 of Defenee Medk#l
Setmces IDMSI in management 8rKI fNce generab'on of Sermee ￿rSOnn￿, both via return to duty and di$Gharg0
from IheArmed For¢e$ with Improved quality ol lito for tr￿$¢ benefit from the work of the th*nty.'
public benéfits that Ilthv from Object (c) are..
(al an enhonGed environment, leadlr¥J to Improved health wltt•me8 and a better qualjty of lffe:
(bl raised aw8renes8 of issues lw'ng management of Defenc• pakn'ents.
The chalr and board of truste¢s do not believe that ￿ hwm has ariwi from the beneffts arvj thal there has
been no prfvate benefft fl(Y*ing from the ObAeds. Thg objgcls are 8valuat¢d by the b8neflck8rt0$ and f¢6db&k
from events.
Approach to lundral•lng acthiloes
The Chanty'¥ approach lo lundralslrvJ Is allgned the exK*¢ted capital and OFera11￿3I running cJ)sts over the
Short and medium term. In 2024r25, ￿ charity organised and t¢)ok part in 8 wde range of actiwtie5 designed to
both ralse funds and ralse awarenes5 of the charitys and the needs of its b¢nèffiuartes. The charfty also
bgnefrted from generous donat￿n5 from organisations and the put4ic an(1 in totsl realised income of £188.633.

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2025
Flnancl•l rnvlow
On April 1st, 2024, the net assets ofthe charty £2.684.944.
During the year 2024125 the charty rai%d irthme of £188,633 ¥pent £207.035 on tharital￿e actfvity.
ndraising arKI admlnistration costs. Details of some of the mgln acti1￿11￿ G•n be seen on our website at
FuThJraising continued to be ch￿leng￿￿ but V•we frytunat• to tonefft from 8 8mall number of18rge donation8
whlch 8U8tain8d our revenue for the year and wjpported our continuirKJ rK&ramme of tharllable activity.
Towards the erKI of the finanoal year. there was a dmlum in investment ma￿ets. duè malnty to the Impact of
the tariffs Imp080d by the USA which have 8thÉrsely Impacted lob81 free trade and busine88 conllderro. A8
resu￿, our Inve5tment5. had been perfoming strorrfJly until FoLYuary, h•vts endèd the year wllh an
unrealized loss of £40.797.
Addltion8lly, we f•ccAded an operating defi¢it of £18.402. duo mainly lo lh• th#l￿ng{r￿j fundral8in9 environment.
Over811 tharefofe. OLK reserves tsll by £59.199.
However. tNs stlll leaves an extremety hèatthy reseryes pw'tion of £2.68 millMYb. ¥thich is an 8>zellent bas18 for
planning our future strategy induding in¢reos•d charitable athlty.
Furlhemiore, after tho balance sheet date the charity rec64vad a 8ub8tantlal legacy of ovor £245,000 . and
Inve8tment markets recovèred lost g￿nd , so the financi￿ powtion as al the date of 8vJning the accounlj 18
oven 8trorwJer.
RM•N•i pollcy
Re8erv?s are required to ￿trp mlbgat• risks and ¢over tknlng dllknce8 belween rKelpt of Incoma and
dlsbursement of ¢xpenthlure.
The trust￿$ believe that r88erve8 should be hdd equd to 12 month$ of OP8faling expenditure ￿v$ an amount
equal lo thé value of any fr*6wablè modium tern cash ouUlo¥wJ. for exam￿8 eaprtal prolect8 and new
unfundèd operalp)nal proje(*8, whlth may from Ume to Ilme be induded in our medlum to long term cashll¢)w
loreca$l
The current level of r¢serv•s hdd 18 in exce88 of V)Is amount. therefm the truste8S 8ffj developlng furthor
trndium to I￿g t8rn1 plans to increase the charity'8 level of a¢￿¥ty for the bernfft of our target benèficiaries.
Investment pollcy
The truste￿ bdigve that fund8 Ihat may bo wuired to furnj tom proie¢ts and lo m8ot our r•88rve8 pc4icy
should be hekj in cash 8cts)unts 8vailatAe al shrmt rntice and that funds above this levèl sh¢)uld be Inve8led for
thg modlum lo long term wth a lo optimisirwJ the axpected retum withoul I8￿rg undue I￿￿.
Thls pollcy ha8 been fvlly implemented. The FlnarKa commttse revi￿ the investment stratogy wtth th• Fund
managers on a regular ba￿8.
Thg performane• of c￿r investments is commented on abo￿.
Rlsk man•g•m•nt
The Iru8te85 have a rb6k man8gemgnt stratggy vthi¢h ¢(¥nprise6:
• an annual review of the winapal risks aThJ uncertaintN?s that Ihe thanty faee8.
the establlshment of pdicies. $y8tem6 and [￿c￿dures to mitygate those rtsks Idenuned In thg annual
r8vlew', aTrJ
the knplementalion of procedures desigrnd to minimise or m•na9e ary Fotents'al impad ￿ the ¢harty
should those risks matenalk8e.
Th& trustees believe that there are currenty r￿ 9gni￿nt risks T*lih￿￿ appropriate mrtuab'¢)n that Watr￿t
Inclusion in the amual rep￿.
A furthèr re¥￿¥ wll be uTrJertaken in 2025m.

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structur•. governance and managem•nt
Defence Medical Rehabilita￿0￿ CenlT8 Benevolenl Fund is a Ghwbwe Ir￿￿ated Organ¢salion irKorporated
In Eroland and Wa* on 19 September 2019.
The charity's goveming ¢*)¢ument is rt8 consbtulion folk7WS the Chanty Commission guidelw￿$ for a
Charltsblg IncOrp￿ted ¢￿￿nIS811￿ {Foundation Slrudure) VA￿,5 only voting membèrs ar8 its trustees.
The Charty ConStitu￿¢>n delalls the roles, responwlylili••. li•biliti88 and congtralrrt8 relevant to the Tru¥teeB,
rMmber$ ond volunteers In the ruming of the thorty
The Charlty comprises a Board ofTru6tees of no le58 than 3 and not mcwe 10 pw80ns. The DMRC Stanford
Hall Commanding Officer shall ￿ conS￿ered a member irf the board of Trustees las eX￿tIo) for as long 88
thoy hold th8t office. Condrtions for the Extho Tru8te8 be knjnd in the Charity c4)nstitutkn).
The Charty trust￿ have 8 Statutory oblyation. under the Ch•ritiesAct 2011. to have rggard to the publiG b¢n•fil
guldance when exerei8ing any powefs of duts'es to wthith guKlance i% relevant. The Irusle8'$ deci84on5 havg
the purpose of fvlfilling the aims and ebjects of Ihe Charrty and dèlr¥ering knefil, with that provkl&d by th8
publlc pur58. to the patients and staff of DMRC Stsnm Hall It￿ beneficiaries). The DMRC Ben6¥olent fund
provides publlc benefft In 8UPPOrting the Armed fort88 arAI Stsff of DMRC Stsnfcrfd Hall, corrtributing lo UK
D8fen¢e and her Interests. ma￿Mis1n9 the r•ha￿lrtats.Qn K￿1181 ol those under Units core arKI working wth
other Ch¥rrte$ lo support the need8 of the ￿neficIant$.
Tho trustees who Served durtng th8 year and up to the date of signa￿r& of financlal statements were..
Maj Matthew Perkins RAMS {Chalr)
Lt Col Tlmolhy Clarke FLAMS
Su¥4n Huggins OBE M
P•t8r Corbett
Lucy Rhod98
Ho18n C8rter
Craig Haslam (D•puty Chalr)
Thomas Franci
Claire Myhill KHDS RAF
Mark Izatt
IRo819n¢d 12 May 20241
(hwointed 14 May 2024>
Durfjng the perlod h whlch accounts vmre being p￿pared a S￿¢?33￿J1 recruitment campaign ￿8￿ted in th•
appointment 013 new tTU$tees , one of whom- Renata Gome$- is the new Chair Designate. The fom81ilie8
relating lo these apFrt)Intrngnts ar8 exFected to be ctsnduded 8htyty after tho slgnkig of the and wlll b•
fully reported on our vffjbslte and In next year's ￿￿)ur￿.
The Twstem may dewte any of thelr p0￿r3 or fuTrJiw$ to one or more SU￿ commltteos or ad￿sOry p8nel$
Co￿l¥tIng of $uch membern ol tmr bc4ty CY Ihe DMRC Staff as they think fft.
CUrre￿Y there are a number of sut*committees of the board meet at reguLqr Inleryal8 and submit
8ummary to the board meelings. The Trugtees have dekngaled day to day runnlng of the charfty to a ¥ulFgroup.
wthlch is krKAvn 8$ Ihe Committee".
The Committee is the operalionol element of tho Chaiity and Cryi￿ s•veral DMRC Stanford Hall pergonn
in charity roles as voluntary secondary dub'es..
1. Operalions manager (Chair)
2. S8crotary
3. Events and FurKlraisirKJ marAger
4. Propety manager
5. Treasuref
6. IndepoTrdent member
7. SNCO member
8. Patient a(￿O¢8te

DEFENCE MEDICAL REIIABKifATION CENTRE BENEVOLENT FUND
ThU8TEE8' REPORT
o¥-L>

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DEFENCE MEDICAL REHABILITATION CENTRE
BENEVOLENT FUND
I report lo the trustees on my eXaMina￿n of ttE financial Statem￿ of t)efen￿ Medical Reh8biltsts'on Centre
Ben8volent Fund (the charity) for the year ended 31 March 2025.
Raspon•lbllttle8 and ba818 of rnport
As the trustees of the tharily you are resp￿ible f￿ the Preparats.￿ of the financlal statements in &C￿rdanCe with
the requirements d the charit￿ Act 2011.
I report In respect of my axwnlnatK)n of cth8rty's fmncial statements carr1&4 under 88ctlon 145 of the
Chantles Act 2011 In carrylng out my eyamlnath)n I have IdI￿d Ihe Dlreclons gfven ty the Charty Comm1881on
under se(#ion 14515}{bl of the Chafityas Act 2011.
Indopondent oxamln•rfs ststem•nt
Your attenllon Is drawn to thg fact that thg chartty has w•pwed the flnawal statements In accordance ￿th the
relevant ve￿On of the Statement of ReCommen￿d Practice applicable to ch8rrties preparing tPKiir financial
8lalemenl8 in accordance wth the Fingncial Reporb'ng St8rKlord applicable in th8 UK and Republic of Irekqnd {FRS
1021 in p¥eference to ￿ Accounting arKI ReportiTr3 by Charities.. Stalement of Recommended Practice issued on 1
Aprll 2005 which is referred to in ￿ extant regulations bjt has n(yw been withdrawn. l understand that th18 has
bgon done in order for the finanryal st8tement8 lo provide a In￿ arKI tsir vw in accordanco Wfth UK Generally
Accepted Accounting Praclk?.
I have ￿Mpleted my examSnatlcn. I corffimi thal M matters have c>Jme to my attentlon In COnr￿ctIon vlth the
ex8mlnatM giving me cause lo believe that in any matenal res￿..
accountlng rec￿￿$ w￿re not kept In respect of lh8 charty 88 rtyulyed ty SKII￿ 130 of Charrt￿Act 2011.
thè finanual 8tatements do nc* accord with th0￿ r•e<>rd8: or
the finarrtial statements do not comply with the applicable rnquirements o)ncwnirwJ the form and o)ntent of
financial 8t8tementS set out in the Charities {h£courrts and Report81 Regulations 2008 other than any
requirement that the flnandal 818tements give a and fair iiew. wthich Is not a matter con81dered a8 part of
an kndependent oxamlnation.
I h8¥e no concems an
Shou
be drèN
k*fre come across other matters in cfjnrrttK)n wilh the 8xaminatic￿ to which attention
in ¢Jfdw to en8￿e * proper under8tandin9 of the financ481 statements to be reathed.
Melvln Balley FCCA DClb4
for and on behalf of Rogers SwrK*r
Chartered Accountant8
Newsle8d Hous¢
Pelham Road
Nottlngh8m
NG5 1AP
Dated: 15 September 2025

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Currnntfinanclal y••r
Unrn•trlct•d Unrn•trfct•d
funds
fund•
2025
2024
Not88
Donalons arKI legaoes
Other trading act1￿￿83
Inve8trnents
174.036
7,750
6.847
164.411
4,456
24,088
Totsl In¢om•
188,633
192,955
Raising fvnd$
Ch8dlablè actmlles
49,513
157,522
52,709
188,749
Totsl •xp•Ddttur•
207,035
221,458
Op•rntlng d•fl¢lt
{18,402>
<28,5031
Nel gain￿(103$•$I on In¥e8tments
11
{40,797)
288,239
N•t mov•m•nt In fund•
159,199)
239,738
Fund balancos at 1 April 2024
2,744,143 2,504.407
Fund balanGM at 31 March 2025
2,684,944 2,744.143
Th• ¥tat•menl of flnandal aCtm￿88 includes all gains wd1088e8 rec•)gnlsed In the year.
The statemenl of finarKi81 gctivitios inclu(les all gdn8 WKI1058es recoJni8•J in Ihè y•ar. AJI Ir￿ome exper¥JKwe
derive from ContInu¥￿ ath'Yrt￿.

DEFENCE h￿IcAL REHABILrrAnoN CENTrE BENEv¢￿E￿r FUND
13
51,771
11.101
1•
154.488
.123
181J36
17
(24.OM)
(lorn)
171,L
2.744.1
1744,143
IM4.944
1744.143

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollclès
Charlty Informatlon
Defence Medical Rehabblrtation Centre 8en8volent Fund is 8 Ch8ritstrAe lrtorporated Organisation
incorporated in England and ￿kIeS on 19 September 2019. The address of the princtpal ¢)ffiGe is given In the
legal and administrative infomiation of thgse firwnaal statwnents.
1.1 Accounllng eonv•fitk)n
The f￿0￿¢101 statements have been prepared in accorda￿8 with thè c*￿￿￿1 goveming document. the
Charities Ad 2011 and 'Accounting arKI Reporting by Charttiés.. Statement of Recommended Pracllce
applicable to tharrties preporing their accounts in ￿tardance wlth the Flnancial Repothng Standard
8ppIIc8ble in the UK and RewblK of lrnland IFRS 102) leffe(*b* 1 jar￿￿ry 2019).. The ch￿ty13 a PU￿1C
Benefit Endty as defined by FRS 102.
The fina￿191 statement8 are prepared in sterting. i¥ the funct6onal ￿rrencY of the tharity. Monetary
amounts in tr*8e fin8n¢wl Statements are rounded to the rnaresl £.
E￿nd￿Ure 18 reeogni8ed once there is a legal or constructive obllgatlon to Iransfef economlc benefit to
thlrd paty, It18 wobable that a Iransfer of economic boneffts I￿11 be required In 8ettlemgnl, and the amount of
the obllgatth can be measured relithy.
Expenditure 18 dasjrfled by •cllvty. cobts of activty arn made up of t￿ lot81 of dlrect costs and
$hared costs, induding 8UPWt ¢08ts Invofvéd In undortaking each ath'vity. Direct costs attrilyjlable lo a single
activity are allocated diredy to that ath'vity. Sharod costs vthich (x)ntribute to mw• thon one 8Ctivty and
8upport CO818 which are not attriLKrtable to 8 ￿ngle activty are appOrU0￿j betsveen thoje activities on a ba¥18
conslstent with the us• of resouro8. Central 8taff c0818 ar8 allocgted thg baBi8 of Yme s￿nt, and
dgpredatlon tharges 8re 4llo¢ated ￿ the of the asset's u*.
1.2 T•nglbl• Ilx•d *88•ts
Tangible fixed assets are Inloally measurod at C05t arKI sthequenty meapAJred at or valuation, net of
depreclation and any Impalrment los￿.
Dew•aation is re¢ogni8od $0 as to writo off th• cost or Yalualion of as￿18 l•sJ tl*lr re8NJu¥l va￿* ov•r Ih•lr
uleful lives on the folltyANJ ba808'.
Plant and equipment
Fixtures and fittlngs
Compulg
Motor vehic188
20% reduclng ba
25% reduclng b81
33 113% straight line
25% reducing balance
Thts galn or Ioss on the di¥po¥81 of an awt is determined as the drfference between the ￿le
prrKeed$ and th carrying value of th8 as8rf arKI is recr*Jnised in the statement of financial xtiw'ties.
1.3 Fl¥•d a$8•t Inv68tm•nts
Fixed asset investrnents are in￿alty m8a5ur•J at tran￿titin price exdudirvJ transaction rthts, and are
8rt>seqU￿tty measure(l at fair valuo at ¢a¢h ffjportlng dale. Char4Jes in fa￿ value are recogni8ed in net
kncomellexperKliturel for ￿ year. Trans8dion costs art expensed as in￿lfred.
1.4 Impalrment of Ilxod u¥ets
Al each reporting end date. the (tharity reviv￿ the ca￿1n9 amou￿ of ils tangible a888ts to d8t8mi
whelhef there is any indication that those assets have yJffeRd an Impalm)ent loss. K any such Indration
exlsls. the recoverats4e amount of the asset is estimated in order to detem)ine thg extent of the Impalmient
loss anyl

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcl•¥
(conllnu￿}
1.6 Stocks
Stc¢k6 are stated at the lower of cost and e8b"mal&Y gallirwJ price letss costs lo comkqete and sell. C05t
Comprises direct m*erials arKI, vthere aFplicabk. direct 18brx￿ cost5 and Ih08e overheads that have bo¢n
incuffed in bnnging the St￿kS lo their present location and eondttbon. Items ￿￿k1 for distrityJtion at no or
ncAninal Cor￿derat￿n are m•asuW tha lo*w of re*4mont east cost.
Net realisable value is tho estimated 8ellirwJ pri￿ ￿ all ￿timated costs of ￿Mpletion and costs to be
in¢urrtd In mark￿n9. 8011iry and (*¥ln'butiM.
1.6 Employoe b•n•flt•
The co81 of any unused hdiday enliyoment 1$ rwnlsed In thfr period kn whlch the employee's 8orvlca8 are
Ved.
Twminatlon b8nefft8 are recogftlsod immèdiatety 88 an expen￿ vth8n the charlty is d8monstrakly commtttod
to tomiinate the employment of an empwee or to prowde tennirwtlon beneffts.
1.7 R•tlr•m•nt bon•fit•
P8ym8nt8 to defned contrlbullon rnlrwnent b￿Offl schem61 aro ehfyryad a8 an exynBe as Ihoy fall d￿.
Incom• from donatlong and l•ga¢l••
Unre¥trlctod Unr••trlct•d
fund8
fund•
2026
2024
Donatlon8 and g1ft8
174.036
164.411
Other trndlng actlvhl
Unr•gtrlcted Unr•¥trlct•d
fundg
fundi
2025
2024
Merchandise income
7,750
4,458
10-

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Incomo from Investments
Unmtrlcted Unrostrktsd
funds
fvnds
202S
2024
Income from listed Investrnent8
Interest rece￿able
6.847
23.893
395
0,847
24.088
Exp•ndlture on rnl•lng fund•
Unrn•trkt•d Unrn*trl¢t•d
fund•
fund•
2028
2024
Fundral•lng and publlclty
Fundraising costs
Tr8v818xperAes
Advertlsing & marketing
Ho8Ung
Staff costs
M•r¢h￿dIse
3,882
1,407
15,335
8,904
3,825
16.160
S,905
1,310
12,534
12,235
12,199
8.526
49.513
52.709
11

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charttablè advlll¢s
Unr￿triCt•d Unr•strlct•d
fvnd$
fund•
Totsl
2026
Total
2024
Staff co$18
Depreciatson arKI impairment
Act1￿11￿&
Staff training
Po8tag8, Frelght and Court•r
Insur8ncg
Travd exp￿$61
IT SofNYare and Con8umabl08
S¢xlal acllvlyes
R•nt, vonue hire & d￿ritY fun(*on8
88nk charges
Tru8lee expenae8
Sundry expen￿¥
Legal ond prof¢￿10n81 •xponse8
Telecc¥nmunkatlons
Plaql￿ and framing
Equipm•nt
34,425
16.179
15,942
24,7e8
30.433
21,040
756
112
629
21,252
1.209
29,234
23,OCrt)
1,328
850
20,126
1,113
24,217
21,598
639
828
1,300
888
11.971
117
1,840
305
1,217
1.894
143
149.713
162.250
Sharn of governance cA>sts18ee not• 7)
7.809
6.499
157,522
188.749
Govemancè costs
2026
2024
Independent ex8minatson fees
Accountancy
3.750
4.059
3,750
2,749
6,499
G¢)vomance costs ¥KlUd￿ payTTths io the iryje￿d8rrt frxaminern of £3,360 for indyndent exam[na￿On
-12-

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Nel movfftnt In fvnd¥
2026
2024
Th8 net movement In funds18 stated after charglrW(credlthw):
Fees payable the indewndent examinaticffl of th& chgrity* fmncial
8tatements
Depreciation of *'tle fix•J assets
18.179
30,433
Tru8teo8
None of the truste8s lor any per8on8 *ith them) received any f￿￿erati￿ ty tsneffts from t
arfty during lh• year.
10 Employ•6•
Tha average monlhly Thjnber ol employees thjriry the year was..
2025
Number
2024
Numb•r
Employment ¢o•t•
2028
2024
Wage¥ and salaries
Olher pen￿On costs
37.542
36.218
749
38.250
36.965
11 Galns and loMes on InV￿tments
Unr••trl¢t•d Unr••trf¢tsd
funds
fund•
2026
2024
Galnsll1088es} arfslng on:
Revaluation of investments
Sale of investrfflents
178,885)
38.088
268,239
{40,797)
268,239
12 Taxallon
The charity is exempt from taxatM)n on its acti¥itss because dl its irKJ)me is apFlied for charitatAe purp08e5.
13-

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 T•nglblo Ilx•d a880ts
T¢**1
v•NGIg1
Cost
At 1 April 2024
Add￿on5
18.722
2,933
5.930
1.880
4,523
95.164
124,339
4,613
At 31 March 2025
21.655
7.610
4,523
95,164
128,952
D•proclatlon and Inwlrni•nl
At 1 Aprfl 2024
Depredallon charged In Ihe year
18.723
342
1.788
1,041
4.523
35,982
14.796
80,998
16,179
At 31 March 2025
19.￿5
4,523
50.778
77,175
C•rylng amount
Al 31 Marth 2025
2.590
4,801
44.388
51,777
Al 31 Marth 2024
4.181
59,182
83,343
14 Flx•d aM•t Inve•tmonts
Llstsd
Inv•stm•nl•
Co•t or valuatjon
At 1 Awll 2024
Valuation thang8$
DI8posal$
2,509.702
(78.8851
1181.9121
At 31 Morth 2025
2,268.905
Carrylng amount
Al 31 March 2025
2,268,905
At 31 M8rch 2024
2.509.702
IS Stocks
202S
2024
Flnlshed goods arKI for resth
11.181
14-

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Debtors
2025
2024
Amounts fallln9 due wlthln on• Y￿r.
Tr8de debtors
Prepayments and accrueil in¢one
11.780
29.723
18.884
41.503
18.884
17 Crodltorn.. amounts falllng du• wlthln on• y•ar
2028
2024
Other toxation and soclal 8ecurtty
Trade creditord
Other creditor8
Accruals and deferred Income
1,883
3,149
153
19,696
1,903
3,551
5,138
24,861
10,738
18 R•tlrnm•nt b•n•fft *¢h•ftw•
2026
2024
D•fin•d contrfbutlon sch•m
Charge to profft or10$8 in of deffined COntrib￿lon scheme•
749
The thorlty operates è defined cOntri￿lOn scheme for all qualfylng emplw•8. Tr as*ets of the
8cheme Are held separatety from those of the ch8rity in an ITrJependen￿y odministered fund.
19 Unr••trl¢t•d fund•
The unrestricted fvnd8 of the tharity comwise the unex￿ded b81onces of donations and grants whl¢h are
not subject to 8pecffic coTrJilions by d¢)nor5 aThJ grantors as lo h(Y4V Ihey m8y be u$8d. Thtse in¢lude
deslgnated fvnds which have been wt awde (Krt of unrfjstrdod frJnds by th• tnMteo8 for speGffiG purpo￿8.
At 1 Aprll
In¢4)mlng R•8our¢•s
2024 r•wurcH •xp•nd•d
G•ln8 •nd At31 Ma￿h
2026
General funds
2,744.143
188.633
1207,0351
(40,7971
2,684,944
Pr•vlous y••r.
Incoming
R•sour¢es
2023 rosourcés •x￿nded
G•lns and At31 ma￿ h
2024
General funds
2.504,407
1¥2,955
1221.4581
268,239
2,744,143
15-

DEFENCE MEDICAL REHABILITATION CENTRE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Relat•d party transactlong
There ￿*r? no disclosoble related paty tr8ns*lloM durry ￿ ye¥12024. nom).
16-