Registered Charity No 1195912 Veterans Business Base Report Of The Trustees And Unaudited Finanacial Statements 24 September 2025 Veterans Business Base Contents Page Charity Information Report of the Trustees Accountants Report Profit and loss account Balan￿ sheet Notes to the accounts Veterans Business Base Business Information Charity number 1195912 Trustees Sally Gatie Stephen Keith Henderson Scott paul Davies Accountants Ewan Wadeson 14 Bdlevue Street Filey Y014 9HY Bankers Metro Bank One Southampton Row London WC1B SHA Business address Stirling House 17 Church Street Ross On Wye HR9 5HN Veterans Business Base Report of the Trustees The Trustees present their report with the financial statements of the charity for the year ending 24th September 2025. The Trustees have adopted the provisions ofAccounting and Reporting by Charities. Statement Of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reportingstandards in the UK and Republic of. Ireland(FRS 102) effective 1"January 2019. Objectives and Activities. The purpose of the charity as set out in its governing document is the relief of povety experienced byveterans and theirfamilies in England and Wales by providing long-term support to those seekingto become financially independentthrough Self-Employment, using allthe skills and knowledge acquired before, during, and after their Military Service. Significant Activities. The following activities have been undertaken in support of the Charitable objectives:_ Promotion of Self-Reliance. Self-employment enables those we help to rebuild their lives through financial security. Our active support is provided without charge for months and years and includes:_ Assist with creating brief business plan, assess competition, costings, budgets(Business and Domestic), marketing etc "Compliance, Regulation, Accountancy, HMRC registration, "Link with other organisations willing to support eg: Solicitors, Insurance brokers, Web designers, Debt management, Housing, IT Suppliers and Printers. Statutory Information. When lives have been disrupted by poor health, family breakdown and homelessness, those we support often face additional hurdles having Lost vital personal information which we obtain for them such as:_ *National Insurance Number "Service Number and Records 'HMRC Unique Tax Reference *National Health Number Public Benefit Veterans Business Base are aware of, have considered and regularly reviewthe Charity Commission's Public Benefit Guidance to ensure that the activities undertaken are relevant. •The Trustees believe that the Charity has only charitable purposes which are carried out for the Public Benefit of the Armed Forces Community in England and Wales. Grant Making Veterans Business Base does not award grants to organisations or individuals. Veterans Business Base Volunteers We have grown our network of 10 volunteers who assist the charity, using all their knowledge acquired from time spent in the Armed Forces, living on the street, overcoming poor health, incurring&ebts and more. With this knowledge and experience, the volunteers assist those seeking our help to become Self-employed, by helpingthem to overcome hurdles Including homelessness, registèrwith a GP., domestic budgeting, and reconnectingtherri with theirfamily and friends. All the volunteers, support is undertaken at their own expense. Achievements and Performance 'Overthe past12 months Veterans Business Base has assisted 105 Veterans seeking Start-up advice through face-to-face meetings followed by regular, supportive contact. *Veterans Business Base support our veterans in SIX H.M. Prisons and in the last year have met 323 Veterans seeking advice regarding Self-employment. Given the difficulties encountered by those tryingto obtain work- who have a criminal record - manyveterans recognise thatthrough Self-employmentthey increase the chances of becomingfinancially secure. We support our veterans"Through The Gate" followingtheir discharge. Also:_ "We Link up with any organisation able and willing to workwith ourveterans i.e. Veterans Hubs, the NHS, Local Councils, DWP, the Probation Service and many others. Referrals are received from Royal British Legion, SSAFA and otherArmed Forces Charities Through our active, Long-term support for veterans wishingto Start-up in business, we build their seLf-beLief and confidence, often absent in those who have suffered. Through working with veterans for over 16 years, we recognise that they are a National Asset whose contribution to our Country continues foryears after leavingthe Armed Forces. Financial Review Veterans Business Base receives some fundingthrough grants..The majority of the charities operational costs continue to. be met bythe Joint Founders of the Charity. Reserves Policy. The target policy is to create funds equivalent to 6 months operational costs and 3 moths of expenditure on administration. Future Plans The charity's future plans are entirely focussed on assisting veterans to become financially secure through Self-Employment. And to raised funds to contribute to the runnihg costs, given the increase in the number of veterans seeking our services. Structure, Governance and Management. Governing Document. Veterans Business Base is governed within the bounds of the Charity's constitution which is structure so as to perform as a charitable Incorporated Organisation in accordance with the Charity Commissions CIO Foundation Model. Charity Constitution Report ofthe Trustees. The Charity is constituted as a CIO in accordance with the Charity Commissions CIO Foundation Model. Recruitment and Appointment of new Trustees Trustees are selected by the existing board of Trustees in consultation with the Charity's Chief Executive Officer. Statement of Trustees Responsibilities The Trustees are responsible for preparing the Report of the Trustees and the Financial Statement in accordance with applicable law and United Kingdom Accounting Standards(United Kingdom Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011 (Accounts & Reports) Regulations 2008 and the provision of the trust deed requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charityfor that period. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure thatthe financial statements complywith the Charities Act 2011, the Charity(Accounts and Reports) Regulations 2008 and provisions ofthe trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps forthe operation and detection of fraud and other irregularities. Approved by order of the Board of Trustees on date.. signed on its behalf by:_ Signature . Full name: Sally Gatie Position: Chair Date:. IS lo Q Iit)l-G Veterans Business Base Income and Expenditure Account for the year ended 24 September 2025 2025 2024 Income 6,990 25,224 Expenses Wages, salaries and other staff costs Car, van and travel expenses Rent, rates, power and insurance costs Telephone, fax, stationery and other office costs Accountancy, legal and other professional fees Other business expenses 2,400 5,112 758 3,147 250 2,571 1,200 8,746 627 3,633 3,556 2,138 14,238 19,900 Surplus 7,248 5,324 Veterans Business Base Balance Sheet as at 24 September 2025 Notes 2025 2024 Current assets Banklbuilding society balances 2,433 7,922 Current liabilities Other liabilities and accruals 2,059 300 Net current assets 374 7,622 Net assets 374 7,622 Capital account Balance at start of period Surplus 7,622 (7,248) 2,298 5,324 374 7,622 Veterans Buslness Base Notes to the Accounts for the year ended 24 September 2025 1 Accounting basis The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax retum. 2 Profit and loss account analysis 2025 2024 Income Grants Donations 6,990 24,724 500 25,224 6,990 Wages, salaries and other staff costs Wages and salaries 2,400 1,200 Car, van and travel expenses Travel and subsistence 5,112 8,746 Ren( rates, power and insurance costs Insurance 758 627 Telephone, fax, stationery and other office costs Telephone and intemet 3,147 3,633 Accountancy, legal and other professional fees Accountants fees Impact trainingfinstructors 250 690 2,866 3,556 250 Other business expenses Subscriptions Other expenses 147 2,424 2,571 147 1,991 2,138 VETERANS BUSINESS BASE. Accountants, Report on the Unaudited Accounts. th You have approved the accounts forthe year-ended 24 September 2025 which comprise the income and expenditure account, balance sheet and related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us. Mr Ewan Wadeson Filey Accountants Limited 14 Bellevue Street Filey Y0149HY. 2" March 2026