## **Chair’s Report – 2025** **Presented by:** Rob Cromey-Hawke, Chair 2025 has been a year of consolidation, reflection and transition for Team True Spirit. The charity has now been operating independently for just over three years, following its transition from being the endurance sports arm of Help for Heroes. The early period of independence necessarily focused on compliance, continuity and ensuring that the charity could continue to deliver meaningful opportunities for Wounded, Injured and Sick (WIS) UK military veterans. In that respect, 2025 has seen the charity continue to fulfil its core purpose: enabling beneficiaries to take part in physical and endurance-based challenges that promote confidence, connection and wellbeing. During the year, the charity has delivered a programme of events and funded places broadly consistent with previous years. These activities continue to be valued by participants, and the quality of individual events has not been in question. However, 2025 has also highlighted that the charity is at an important point in its development. A recent review of engagement data, financial trends, delivery patterns and trustee working practices has shown that while the charity has supported a large number of beneficiaries over its lifetime, active engagement, visibility and participation have not grown in line with that history. Delivery has also continued to rely heavily on a very small number of individuals. In parallel, feedback from external grant funders has made clear that future support is increasingly dependent on our ability to demonstrate widening reach, improved engagement, and clearer evidence of impact. These are not criticisms of the charity’s values or intentions, but indicators of where it must now evolve if it is to remain sustainable and effective. As Chair, I take responsibility for acknowledging that the Board has not always operated as actively or strategically as it could have during the year. While commitment to the charity remains strong, we must collectively ensure that trustee engagement, accountability and strategic oversight match the charity’s ambitions and responsibilities. Looking ahead, the priority for the coming year is to use this period of reflection to strengthen the charity’s foundations: clarifying strategy, improving engagement with beneficiaries and supporters, and ensuring that our governance and operating model are fit for the next phase of the charity’s life. I would like to thank all our trustees and volunteers who have continued to give significant time and energy to the charity during 2025, and to all beneficiaries and supporters who have placed their trust in Team True Spirit. The charity’s purpose remains as important as ever, and the work done this year provides a platform for thoughtful and responsible decisions about the future. ||**Team True Spirit**
|**Team True Spirit**
|**Team True Spirit**
|**Team True Spirit**
|**Team True Spirit**
|**CC16a**| |---|---|---|---|---|---|---| ||**For the period**
**from**||**06/04/2024**|**To**||| |||||||| |**Section A Receipts and payments**||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**15,429**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |Donations|**15,429**|||**-**|**15,429**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**3,378**| |Fundraising|**-**|||**-**||**-**| |Other receipts|**-**|||**-**||**500**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |_AR)_|**15,429**||**-**|**-**|**15,429**|**3,878**| ||**-**
**-**||**-**
**-**|||| |**(see table).**||||||| ||**-**|||**-**|**-**
**-**|| ||**-**|||**-**||**-**| |**_Sub total_**|**-**||**-**|**-**|**-**|**-**| |**_Total receipts_**
**A3 Payments**||||||| ||**15,429**||**-**|**-**|**15,429**|**3,878**| ||**200**
**519**
**232**
**9,495**
**-**
**-**
**-**
**-**
**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|||| |Promotions|**200**|||**-**|**200**
**519**
**232**
**9,495**
**-**
**-**
**-**
**-**
**-**|**-**| |Sundries|**519**|||**-**||**475**| |Subsciptions|**232**|||**-**||**-**| |Event Costs|**9,495**|||**-**||**12,874**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_ **|**10,446**||**-**|**-**|**10,446**|**13,349**| ||**650**
**-**||**-**
**-**|||| |**A4 Asset and investment**||||||| |**Gazebo**|**650**|||**-**|**650**
**-**|**-**| |Go-Pro|**-**|||**-**||**510**| |**_Sub total_ **|**650**||**-**|**-**|**650**|**510**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| ||**11,096**||**-**|**-**|**11,096**|**13,859**| |||||||| ||**4,333**||**-**|
**-**|**4,333**|**- 9,981**| ||**-**|
|**-**
**-**|**-**|**-**
**3,039**|**-**| ||**3,039**|||**-**||**13,020**| ||**7,372**||**-**|
**-**|**7,372**|**3,039**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
Bank Account|**Unrestricted**
**funds**
**to nearest £**
**7,372**
**-**
**-**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| |||**7,372**|**-**||**-**| |||OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
Print|OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
Name||OK| ||||||**Endowment**
**funds**
**to nearest £**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**Current value**
**(optional)**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**Current value**
**(optional)**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**When due**
**(optional)**| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||Date of
approval| ||||||| ||||||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees (IfvI SPI Q) I On accounts for the year ended £- Ilf IDI Charity no (if any) Set out on pages rEfi121nb8r lo in¢lJL<& IhÉ Dclq- niiinbers OF addilK)Il£21.8bTr.ai I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended C)g Oy aDi5. As Ihe Charity's trustees, you are responsible for the preparation of the a¢¢ounts in accordance with the requirements of th8 Charities Act 2011 ("the Act"). Responsibilities and basis of report I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examlnation, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent trh*i examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below") which gives me cause lo believe that in, any material respert: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in th& Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which 15 not a matter considered as part of an independent examinalion. I have no concerns and have ¢ome across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of th8 accounts to be reached. Please delete th words in tha brackets rfthey do not apply. Signed: Date: ID2L Name: Relevant professional qualification{s) or body IX ocov iATrJCY IER O¢t 2018 (if any)". Address: )L Cou Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: dir8ctions and guidance for examiners). Glve here brief details of any items that the examiner wishes to disclose. IER Oct 2018