Support Our Military Veterans (Registered charity, number 1190432) Financial statements for the year ended 31 July 2025 Page Contents Trustees, annual report Independent examiner's report Receipts & payments account Statement of assets & liabilities Notes to the accounts capLUS
Support Our Military Veterans Trustees. annual report for the year ended 31 July 2025 Full name Support Our Military Veterans Organlsatlon type Charitable incorporated organisation Registered charlty number 1190432 Prlncipal address Enterprise Centre 6 David Lane Basford Nottingham NG6 OJU Trustees Neil Fox, Chair Johnathan Fox, Treasurer Robert Coughtrey, Secretary Peter Bath, Veteran Welfare Independent examiner Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street. Nottingham. NG15GL Governance and management The charty is operated under the rules of its constitution adopted 1610712020. The methods adopted for tho recruitment and appointment of new trustees The charity use Guidelines from Charity Commission. This has not been an easy task due to the current economic situation. The Trustees have discussed requirements & potential candidates (Trustee Meetings) looking to the Veteran community in particular. NF has looked to address this through FB Veteran Groups, asking for interested individuals to make contact. Also advertised on Linkedln website. SOMV are looking to appoint a further Trustee from the Veteran community in FY6 Objoctlves and activities (1} To relieve financial hardship, noed, suffering and diStsS amongst vet8rans of all bran¢hes of the armed forces and their partners, spouses and dependents in such ways as the trustees shall think fit, particularly but not exclusively by: a) providing grants of money, providing or paying for accommodation. advice and assistance in obtaining suitable housing,. b) providing or paying for vocational training, development of personal skills, advice and mentoring., c) providing or paylng for medical services, items, counselling or facilities- d) providin9 grants, it8ms or support for suffering caused by age or infirmity.
Support Our Milltary Veterans (2) To promote the resettlement and rehabilitstion of former armed forces personnel into the civilian community by such means as the trustees decide, including by providing training and support and by fostering good relations between former amied forces personnel and the wider community. (3) To advance education and vocational training for former armed forces personnel by the provision of grants, providing or paying for courses, learning materials and providing other items or services., Public benefit statement Provision of services and supported structure that provides the local military community with a range of integrated services that provides inteNention to support those that are experiencing a significant stressful life event and need immediate supporl. A reduction in the level of rough sleeping and homelessness amongst the ex-military population, a reduction in the level of crime associated with a homeless lrfestyle of vèterans. an increase in the number of military community sustaining resettlement in the community, an increase in the number of ex-service personnel accessing education, training, volunteering and employment opportunities, an increase in the number of the military community accessing appropriate healthcare including specialist substsnce misuse and mental health servIs. SOMV work with and link servic8 users into the rang8 of community based support agencies which exist lo¢ally. The aim is to develop a network of support with individuals actively encouraged to support each other. The development of mutual aid will be crucial to successful sustsinable resettlement in the community. The Twstees confinn that they have Complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidan on public benefit, 'Charities and Public Benefit,. Summary of the main activities undertaken for the public benefit SOMV provides a focal point for veterans & the military community. The main aim of the charity is to help military veterans that have need of support to respond to life ev8nts that present welfare needs, by advising I signposting to all appropriate services. In addition, we look to support those disadvantaged, in isolation, in need of educational support & development. Through support from fundraising and grants, additional aims are to provide 'crisis' accommodation to veterans that find themselves homeless at short notice, progressing them through to permanent housing. Relief of poverty (daily needs) are supported where possible. Support & guidance in addressing past service related injuries, medical conditions is also provided. Mental Health and Well-Being support is being developed with service providers, 8nsuring that our veterans have access to a range of specialist services that can meet their individual needs.
Support Our Military Veterans Summary of the main achievements during the perlod This is SOMVS FY5, so the building of a firm foundation continues. However. the change of government in July'24 had a dramatic impact on funding, with all revenue streams being impacted. ALL charities have seen a decline in funding this year. Add to that the continued struggle due to the effects of the energy crisis I cost of living impact on the economy, and the public & business Goncerns on future prosperity, it's been a difficult year. So for the charity, it has been an achievement to keep our heads above water, and still provide services & support to our Velerans. This FY SOMV have funded 210 individual counselling sessions and 49 group counselling sessions for Veterans, provided transportation, supported welfare needs. and have advised on a wide range of care, disability, housing, and mental health requirements. SOMV have received excellenl feedback and support from our donors, in the fom of many unsolicited letters, and have added to our'book of pledges, page (website)- A number of testimonials from Veterans have also been CeIved, adding further weight to the positive feedback. SOMV have provided 13 Veterans Grants this year. These are for furnishings I white goods for Veterans who have found accommodation but, need additional support. SOMV have worked closely with Joboppo & Veterans Can Senior Management this FY. as Joboppo offer a great service to Veterans by providing a wide range of employment related support. and Veterans Can offering various support and development opportunities. Neil Fox is a Charity (Third Sector) Champion, and has provided specific data and infomiation that will help Veterans gain employment within the Charity Sector through Joboppo. Increased awareness has been achieved through Google business. and other social media platforms such as Linkedln and Meta. SOMV have attracted funding from Charity Aid Foundation, PayPal, Give as You Live. Smart Giving, as well as grants from Trusts and Foundations directly, or working with Company Solutions. We have worked closely with Rais&more to gain fijnding, and have received Gift Aid from HMRC.
Support Our Military Veterans Example of Response Letters from Our Funders. (Extract> "Dear Mr Fox Thank you foryour application for funding, which was discussed by the Trustees at our recent n7eeting. l am pleased to let you know that a grant has been awarded by the Foundation. We were all very impressed by the work you are doing to support service men and women suffering from PTSD and related mantal health issues. We wish you well for the continued success of this valuable Wo.. Financial review Attracting funding has been difficult, as the effects of a change of govemment, energy costs & the current economic situation have impacted on revenue streams. This being SOMVS rrfth year of operation, the charity would anticipate a stsrt to funding revenue in FY6, but increasing through the year. The positive news is that SOMV'S financial position at th8 8nd of the reporting period FY5 will be in a surplus of approx. £2,400. Funding streams I revenue are the key risk factor for SOMV. This is why SOMV are working with an external source, Raisemore, who are a fund raising I marketing company. They specialise in mailings. and have an exstensive contact data base. We will be developing grants through Trusts & Foundations in FY6. as this will see improved financial revenue for both core & project work. Legacies l Grfts through Wills, are a further medium that is being promoted through SOMV website, as this has the potential for longer term. large donations. The charity's pollcy on reserves At this difficult stage of the charites existence there would be a limited target level, for obvious reasons. Having reserves will however be an important part of the financial plan as the charity moves forward, as this will provide cover for future risks (ie P8ndemic). £3k is our target. Signed on behalf of the charty's trustees: Signed Neil Fox, Trustee Date
Independent examiner's report to the trustees of Support Our Military Veterans for the year ended 31 July 2025 I report to the trustees on my examination of the accounts of Support Our Military Veterans (the charity) for the year ended 31 July 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the charty's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all Ihe applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act- or 2. the accounts do not accord with those records. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed Eva Stevens BSC. CPFA Employee of Community Accounting Plus Date 0710412026
Support Our Militsry Veterans Receipts & payments account for the year ended 31 July 2025 2024 2025 Recelpts Bank interest Grants & donations Raisemore dorration iOrne Loan Total receipts 15 15310 12801 23543 10735 2000 36278 28126 Payments AdvertisirrfJ & mark8tir#J GrantslDonations paid Office and general administration Counselling semces Ir6urance 4413 1413 870 2600 217 16590 895 553 540 243 771 222 780 18690 740 3260 552 795 645 202 780 453 4451 36394 Legal & professional Events PTr¥J costs Printing, StatiorrY & postage Rent & services Sundry payments Veterans transport Total payments 4547 28828 (116) Net recelptsl(payments) 4221 Cash funds 8t slart of this period 4105 Cash funds at end of this wrlod (702) 3125 2423
Support Our Mllitary Veterans Statement of assets and liabilities at 31 July 2024 2024 2025 Cash assets Bank accounts Note 3125 3125 2423 2423 Liabllltles 2540 L Creditors (2540) 2564 2564 These financial statements are accepted on behalf of the charity by: Signed Johnathan Fox. Trustee Dated
Support Our Milltary Veterans Notes to the accounts for the year ended 31 July 2025 1. Recelpts & payments accounts Receipts and payments accounts contain a summary of money r8ceived and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. 2. Grants & donatlons HMRC Gift Aid Sundry grants & donations 2357 12952 15310 3. Credltors Independent Examination fee Loan 564 2000 2564 4. Trustees, remuneration During this period, a total of £4,547.40 was reimbursed to Mr Neil Fox for mileag8 and expenses incurred for veteran transport 8tc. 5. Related party transactlons There were no related party transactions during the period. 6. Glossary of terms Cr8dltors: These are amounts owed by the charity, but not paid during the accounting period.