2024-12-31-accounts

Trustees’ Annual Report for the period

From 25[th] September 2023 period start date to 31[st] December 2024 period end date.

Charity Name: Veterans Coastal Retreats

Charity Registration Number: 1204898

Objectives and Activities

	SORP
	reference
Summary of the purposes of	Para 1.17	To promote the good mental health, and relieve suffering and
the charity as set out in its		distress caused by active service, of UK tri-service armed
governing document		forces, including veterans, those currently serving, and their
		respective families, by the provision of a holiday retreat to
		provide respite. VCR will support the morale of serving and
		former armed forces personnel by providing this respite to
		them and their family units; especially those who are in need
		by virtue of their physical, or mental health or their economic
		circumstances.
Summary of the main	Para 1.17	Primary activity of the Charity in this reporting period has
activities in relation to those	and 1.19	been administration, policy writing, website creation and
purposes for the public		recruiting appropriate trustees and volunteers. Alongside this,
benefit, in particular, the		fundraising activities took place to facilitate the delivery of a
activities, projects or		trial respite week in a holiday let in Bude, Cornwall. In the
services identified in the		latter half of the year, further fundraising initiatives were
accounts.		created and undertaken.
Statement confirming	Para 1.18	The trustees confirm that they have had due regard to the
whether the trustees have		Charity Commission’s guidance on public benefit when
had regard to the guidance		reviewing the aims and objectives of Veteran’s Coastal
issued by the Charity		Retreats and in planning future activities.
Commission on public
benefit		Although the charity is currently in its fundraising and
		administrative stage, the trustees are satisfied that all
		activities undertaken during the year — including fundraising,
		establishing governance structures, and developing plans for
		future respite holidays — have been directed towards
		furthering the charity’s purposes for the public benefit. The
		trustees remain committed to ensuring that, once operational,
		the charity’s coastal retreats will provide meaningful support
		to veterans and their families.

Additional information (optional)

You may choose to include further statements where relevant about:

Policy on grant making	Para	Veterans Coastal Retreats does not currently operate a grant-
	1.38	making programme. The trustees will review the potential for
		grant making in the future where this would further the charity’s
		objectives of supporting the wellbeing of veterans and their
		families.
Policy on social investment	Para	The charity has not made any programme-related or social
including program related	1.38	investments during the year. The objectives of the charity
investment		currently is to raise funds to invest in a holiday home from
		which to deliver the charitable activities in the future.
		Furthermore the policy of the trustees is to consider other such
		opportunities in the future if they would directly further the
		charity’s purpose of providing respite and wellbeing support for
		veterans and their families.
Contribution made by	Para	The charity is currently reliant on the contribution of volunteers,
volunteers	1.38	including the trustees, who provide their time and expertise in
		governance, fundraising, and administration. The trustees are
		grateful for this commitment, which has enabled the charity to
		progress towards delivering its planned respite holidays for
		veterans and their families.

Achievements and Performance

Summary of the main	Para	During the year, the trustees have focused on building the
achievements of the	1.20	foundations for Veterans Coastal Retreats while beginning to
charity, identifying the		pilot its core activities. Key achievements include:
difference the charity’s
work has made to the circumstances of its beneficiaries and any wider		Establishing the charity’s governance framework and administrative systems.
benefits to society as a whole.		Developing and launching fundraising activities to build the financial base required to deliver respite holidays.
		Building awareness of the charity’s mission within the veteran
		community and among potential supporters.
		Securing the commitment of volunteers and trustees, whose
		time and expertise have enabled the charity to progress during
		its formative stage.
		Successfully delivering a trial week of respite for a veteran and
		his family, providing an opportunity for rest, recovery, and
		quality family time. Feedback from the family confirmed the
		positive impact on their wellbeing and has helped the trustees
		refine plans for future retreats.
		Impact Story: Trial Week at Trehayle
		The veteran, following his stay commented as follows:

“My family and I were recently the lucky recipients of a week’s stay at Trehayle, Bude as guests of VCR. The accommodation itself was perfect, with spacious rooms and modern facilities. It immediately felt like home, helped by the hot Cornish pasties and fresh scones that greeted us on arrival.”

“Throughout the week we were spoilt for choice of how to keep ourselves entertained with no end of options for day trips and activities both locally and further afield as well as a good assortment of board & outdoor games provided along with the hot tub, of course.”

“As a veteran living close to Manchester city centre, the opportunity to spend some quality time with my family in such a relaxing, scenic environment was more than welcome. It was a great opportunity for me to be able to recover from my recent surgery whilst also ensuring that my family weren’t affected by my limitations that are much more abundant back home.”

The trustees are encouraged by the success of the trial week, which demonstrates the difference that the charity can make to veterans and their families. Looking ahead, the charity aims to expand this work by offering more frequent respite holidays, improving mental health, strengthening family bonds, and supporting the reintegration of veterans into civilian life. These activities will deliver clear public benefit and contribute positively to society as a whole.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against	Para	During the year, the trustees set objectives to: (a) establish
objectives set	1.41	governance and administrative systems, (b) commence
		fundraising activities, and (c) deliver a pilot respite holiday for a
		veteran and their family. All three objectives were achieved.
		The trial week demonstrated the benefit and feasibility of the
		charity’s model, and the trustees will now build on this
		continuing fundraising with the aim of purchasing a property
		from which frequent respite holidays can be provided, in a
		bespoke and appropriate facility.
Performance of fundraising	Para	The trustees aimed to launch initial fundraising activities to
activities against objectives	1.41	build awareness and generate funds for future retreats.
set		Fundraising during the year included individual donations and
		individual events by volunteers. While income has been
		modest at this stage, fundraising has successfully established
		a base of supporters and increased visibility of the charity’s
		mission. The trustees are confident that these early efforts
		have raised the profile of the charity and the fundraising
		incoming in 2025 has already shown an increase.
Investment performance	Para	The charity did not hold any investments during the year.
against objectives	1.41	Surplus funds are retained as cash reserves, placed in high
		interest accounts to support planned activities and to ensure
		prudent financial management. The trustees will consider
		investment options in future as income grows, guided by the
		charity’s reserves and investment policy.

Financial Review

Veterans Coastal Retreats	Veterans Coastal Retreats		No (if any)
Receipts andpayments accounts				CC16a
For the period from	25.09.2023	To	31.12.2024

Section A Receipts and payments	Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £		Restricted funds to the nearest £		Endowment funds to the nearest £		Total funds to the nearest £		Last year to the nearest £
JustGivingDonations	7,631		-		-		7,631		-
Other Direct Fundraising	31,501		-		-		31,501		-
Bank Interest	3		-		-		3		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
Sub total(Gross income for AR)	39,136		-		-		39,136		-
A2 Asset and investment sales, (see table).
	-
	-								-
Sub total	-								-
Total receipts A3 Payments
									-
Marketing (FrogMarketing)	1,485		-		-		1,485		-
Marathon Entry (London)	480		-		-		480		-
Marathon Entry (Brighton)	350		-		-		350		-
CRB CheckingFees	150		-		-		150		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
**Sub total **	2,465		-		-		2,465		-
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-								-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
									-
	36,671								-
	-								-
	-								-
	36,671								-

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Current Account 35 Day Reserve Account 95 Day Reserve Account Instant Access Reserve Account Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,668 - 3,000 - 5,000 - 27,003 - 36,671 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Jonathan Bush Richard Perkins	Endowment funds to nearest £
			-
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Jonathan Bush	16/08/2025
		Richard Perkins	16/08/2025

Review of the charity’s	Para	At the end of the reporting period, the charity had income of
financial position at the end	1.21	£39,136 and expenditure of £2,465, leaving a closing balance
of the period		of £36,671. Expenditure was mainly on administrative costs,
		such as the creation and hosting of the website, Marathon
		entry fees and DBS checking costs. The trustees are satisfied
		that the financial position reflects steady progress in the
		charity’s formative year.
Statement explaining the	Para	The trustees’ policy is to build reserves sufficient to cover at
policy for holding reserves	1.22	least 6 months’ anticipated running costs to ensure financial
stating why they are held		stability and the ability to respond to unforeseen
		circumstances. The amount held in reserves will be monitored
		by the board of trustees during the course of the year as part of
		our budgetary process and financial monitoring.
Amount of reserves held	Para	At the year end, the charity held funds of £36,671. While much
	1.22	of these funds will be used for the investment in the future, at
		the moment they provide a more-than-adequate reserve.
Reasons for holding zero	Para	N/A
reserves	1.22
Details of fund materially in	Para	No funds were in deficit at the year end.
deficit	1.24
Explanation of any	Para	The trustees have reviewed the charity’s financial position and
uncertainties about the	1.23	consider that there are no material uncertainties about the
charity continuing as a		charity’s ability to continue as a going concern. Fundraising
going concern		remains a key priority to ensure sustainability and enable the
		planned expansion of respite holidays.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal	Para	The principal sources of funds for the charity are voluntary
sources of funds (including	1.47	donations from individuals, contributions, and individuals
any fundraising)		completing fundraising events.
Investment policy and	Para	Veterans Coastal Retreats currently holds all funds as cash in
objectives including any	1.46	interest-bearing accounts to ensure liquidity for operational
social investment policy		needs and planned retreats. The trustees do not hold any
adopted		social or programme-related investments at present. The
		investment policy will be reviewed as the charity grows to
		ensure that funds are used prudently while furthering the
		charity’s objectives.
A description of the	Para	The trustees have created a Risk Register which logs the most
principal risks facing the	1.46	significant risks to the charity. These include:
charity
		Funding Risk – Insufficient funds could delay the delivery of
		respite holidays. Mitigation: Active fundraising and building a
		sustainable supporter base.
		Operational Risk – Risks associated with delivering retreats,
		including health and safety of guests. Mitigation:
		Comprehensive risk assessments, particularly when using
		third-party holiday rental providers, volunteer training, and
		adherence to safety protocols.

Reputational Risk – Negative publicity could affect trust and support. Mitigation: Transparent reporting, strong governance,

and maintaining high standards of service, particularly in relation to social media and public facing activities.

Regulatory Risk – Non-compliance with charity law and guidance. Mitigation: Trustees regularly review Charity Commission guidance and seek professional advice as needed.

Structure, Governance and Management

Description of charity’s trusts:

Type of governing	Para	Constitution, implemented 25 September 2023
document	1.25
How is the charity	Para	CIO
constituted?	1.25
Trustee selection methods	Para	Trustees are appointed in accordance with the constitution.
including details of any	1.25	New trustees may be nominated and appointed by the
constitutional provisions		existing board of trustees, ensuring that they have relevant
e.g. election to post or		skills, experience, and commitment to furthering the
name of any person or		charity’s purposes. There are currently no external bodies
body entitled to appoint one		entitled to appoint trustees.
or more trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures Para All new trustees will receive a comprehensive induction to adopted for the induction 1.51 help them understand their role, responsibilities, and the and training of trustees context in which the charity operates.

Induction will include:

• Overview of the charity’s mission, values, and strategic objectives

• Copy of the charity’s governing document

• Most recent annual report and accounts

• Key organisational policies (e.g., safeguarding, conflicts of interest, financial controls, GDPR)

• Signing of the Fit and Proper Person, Policy adherence and Privacy notice declaration forms

• Introduction to fellow trustees and senior staff

• Access to online resources including:

• CC3: The Essential Trustee (Charity Commission)

• • Charity Governance Code

• Online training modules from the ICAEW Trustee Training Modules

The charity’s organisational	Para	Veterans Coastal Retreats is governed by a board of
structure and any wider	1.51	trustees and supported by a network of volunteers. The
network with which the		charity is increasing its network with the aim to create
charity works		partnerships with other veteran support organisations,
		community groups, and service providers to further
		fundraising opportunities, and ultimately ensure that its
		retreats are accessible, safe, and responsive to the needs
		of beneficiaries.
Relationship with any	Para	The trustees confirm that there were no related party
related parties	1.51	financial transactions during the year. The trial respite
		holiday week was provided free-of-charge by the mother of
		the charity’s founder. Any potential conflicts of interest are
		managed in accordance with the charity’s conflicts of
		interest policy.

Reference and Administrative details

Charity name Veterans Coastal Retreats Other name the charity uses “VCR”, “Veteran’s Coastal Retreats” Registered charity number 1204898 Charity’s principal address 22 Trelawney Avenue, Poughill, Bude, EX23 9HB

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to
		appoint trustee (if any)
Richard Perkins	Full period	Chair/founder
Simon Mavroleon	17thJuly 2024 onwards	Trustee/safeguarding
Annabel Bush	Full period	Trustee
Jonathan Bush	Full period	Trustee/financial
Edward Kaye	25thSeptember 2023 – 30thJune 2024	Trustee (Resigned)
Courtney Matthews	25thSeptember 2023 – 30thJune 2024	Trustee (Resigned)
Robert Philp	Full period	Trustee (Resigned in 2025)

Corporate trustees – names of the directors at the date the report was approved

Director name

None

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

None

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Nil Name and objects of the charity on whose behalf the assets are Nil held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such Nil assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address

None

Name of chief executive or names of senior staff members (Optional information)

Richard Perkins (Chair of Trustees and Founder)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

VCR has developed and approved the below policies:

• Absence Policy

• AI Policy

• Anti-Bribery Policy

• Becoming a Trustee Policy

• Bullying & Harassment Policy

• Code of Behaviour Policy

• Conflicts of Interest Policy

• EDI Policy

• Ethical Fundraising and Anti-Money Laundering Policy

• Financial Management and Reserves Policy

• GDPR Policy

• Grievances Policy

• Health and Safety Policy

• Risk Management Policy

• Safeguarding Policy

• Serious Incident Policy

• Social Media Policy

• Trustee Training Plan Policy

• Volunteer Policy

• Whistleblowing Policy

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)[Richard Perkins ] Position (eg Secretary, Chair of Trustees Chair, etc)

Simon Mavroleon

Trustee / Safeguarding

Date 16 Aug 2025

Trustees’ Annual Report for the period

From 25[th] September 2023 period start date to 31[st] December 2024 period end date.

Charity Name: Veterans Coastal Retreats

Charity Registration Number: 1204898

Objectives and Activities

	SORP
	reference
Summary of the purposes of	Para 1.17	To promote the good mental health, and relieve suffering and
the charity as set out in its		distress caused by active service, of UK tri-service armed
governing document		forces, including veterans, those currently serving, and their
		respective families, by the provision of a holiday retreat to
		provide respite. VCR will support the morale of serving and
		former armed forces personnel by providing this respite to
		them and their family units; especially those who are in need
		by virtue of their physical, or mental health or their economic
		circumstances.
Summary of the main	Para 1.17	Primary activity of the Charity in this reporting period has
activities in relation to those	and 1.19	been administration, policy writing, website creation and
purposes for the public		recruiting appropriate trustees and volunteers. Alongside this,
benefit, in particular, the		fundraising activities took place to facilitate the delivery of a
activities, projects or		trial respite week in a holiday let in Bude, Cornwall. In the
services identified in the		latter half of the year, further fundraising initiatives were
accounts.		created and undertaken.
Statement confirming	Para 1.18	The trustees confirm that they have had due regard to the
whether the trustees have		Charity Commission’s guidance on public benefit when
had regard to the guidance		reviewing the aims and objectives of Veteran’s Coastal
issued by the Charity		Retreats and in planning future activities.
Commission on public
benefit		Although the charity is currently in its fundraising and
		administrative stage, the trustees are satisfied that all
		activities undertaken during the year — including fundraising,
		establishing governance structures, and developing plans for
		future respite holidays — have been directed towards
		furthering the charity’s purposes for the public benefit. The
		trustees remain committed to ensuring that, once operational,
		the charity’s coastal retreats will provide meaningful support
		to veterans and their families.

Additional information (optional)

You may choose to include further statements where relevant about:

Policy on grant making	Para	Veterans Coastal Retreats does not currently operate a grant-
	1.38	making programme. The trustees will review the potential for
		grant making in the future where this would further the charity’s
		objectives of supporting the wellbeing of veterans and their
		families.
Policy on social investment	Para	The charity has not made any programme-related or social
including program related	1.38	investments during the year. The objectives of the charity
investment		currently is to raise funds to invest in a holiday home from
		which to deliver the charitable activities in the future.
		Furthermore the policy of the trustees is to consider other such
		opportunities in the future if they would directly further the
		charity’s purpose of providing respite and wellbeing support for
		veterans and their families.
Contribution made by	Para	The charity is currently reliant on the contribution of volunteers,
volunteers	1.38	including the trustees, who provide their time and expertise in
		governance, fundraising, and administration. The trustees are
		grateful for this commitment, which has enabled the charity to
		progress towards delivering its planned respite holidays for
		veterans and their families.

Achievements and Performance

Summary of the main	Para	During the year, the trustees have focused on building the
achievements of the	1.20	foundations for Veterans Coastal Retreats while beginning to
charity, identifying the		pilot its core activities. Key achievements include:
difference the charity’s
work has made to the circumstances of its beneficiaries and any wider		Establishing the charity’s governance framework and administrative systems.
benefits to society as a whole.		Developing and launching fundraising activities to build the financial base required to deliver respite holidays.
		Building awareness of the charity’s mission within the veteran
		community and among potential supporters.
		Securing the commitment of volunteers and trustees, whose
		time and expertise have enabled the charity to progress during
		its formative stage.
		Successfully delivering a trial week of respite for a veteran and
		his family, providing an opportunity for rest, recovery, and
		quality family time. Feedback from the family confirmed the
		positive impact on their wellbeing and has helped the trustees
		refine plans for future retreats.
		Impact Story: Trial Week at Trehayle
		The veteran, following his stay commented as follows:

“My family and I were recently the lucky recipients of a week’s stay at Trehayle, Bude as guests of VCR. The accommodation itself was perfect, with spacious rooms and modern facilities. It immediately felt like home, helped by the hot Cornish pasties and fresh scones that greeted us on arrival.”

“Throughout the week we were spoilt for choice of how to keep ourselves entertained with no end of options for day trips and activities both locally and further afield as well as a good assortment of board & outdoor games provided along with the hot tub, of course.”

“As a veteran living close to Manchester city centre, the opportunity to spend some quality time with my family in such a relaxing, scenic environment was more than welcome. It was a great opportunity for me to be able to recover from my recent surgery whilst also ensuring that my family weren’t affected by my limitations that are much more abundant back home.”

The trustees are encouraged by the success of the trial week, which demonstrates the difference that the charity can make to veterans and their families. Looking ahead, the charity aims to expand this work by offering more frequent respite holidays, improving mental health, strengthening family bonds, and supporting the reintegration of veterans into civilian life. These activities will deliver clear public benefit and contribute positively to society as a whole.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against	Para	During the year, the trustees set objectives to: (a) establish
objectives set	1.41	governance and administrative systems, (b) commence
		fundraising activities, and (c) deliver a pilot respite holiday for a
		veteran and their family. All three objectives were achieved.
		The trial week demonstrated the benefit and feasibility of the
		charity’s model, and the trustees will now build on this
		continuing fundraising with the aim of purchasing a property
		from which frequent respite holidays can be provided, in a
		bespoke and appropriate facility.
Performance of fundraising	Para	The trustees aimed to launch initial fundraising activities to
activities against objectives	1.41	build awareness and generate funds for future retreats.
set		Fundraising during the year included individual donations and
		individual events by volunteers. While income has been
		modest at this stage, fundraising has successfully established
		a base of supporters and increased visibility of the charity’s
		mission. The trustees are confident that these early efforts
		have raised the profile of the charity and the fundraising
		incoming in 2025 has already shown an increase.
Investment performance	Para	The charity did not hold any investments during the year.
against objectives	1.41	Surplus funds are retained as cash reserves, placed in high
		interest accounts to support planned activities and to ensure
		prudent financial management. The trustees will consider
		investment options in future as income grows, guided by the
		charity’s reserves and investment policy.

Financial Review

Veterans Coastal Retreats	Veterans Coastal Retreats		No (if any)
Receipts andpayments accounts				CC16a
For the period from	25.09.2023	To	31.12.2024

Section A Receipts and payments	Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £		Restricted funds to the nearest £		Endowment funds to the nearest £		Total funds to the nearest £		Last year to the nearest £
JustGivingDonations	7,631		-		-		7,631		-
Other Direct Fundraising	31,501		-		-		31,501		-
Bank Interest	3		-		-		3		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
Sub total(Gross income for AR)	39,136		-		-		39,136		-
A2 Asset and investment sales, (see table).
	-
	-								-
Sub total	-								-
Total receipts A3 Payments
									-
Marketing (FrogMarketing)	1,485		-		-		1,485		-
Marathon Entry (London)	480		-		-		480		-
Marathon Entry (Brighton)	350		-		-		350		-
CRB CheckingFees	150		-		-		150		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
**Sub total **	2,465		-		-		2,465		-
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-								-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
									-
	36,671								-
	-								-
	-								-
	36,671								-

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Current Account 35 Day Reserve Account 95 Day Reserve Account Instant Access Reserve Account Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,668 - 3,000 - 5,000 - 27,003 - 36,671 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Jonathan Bush Richard Perkins	Endowment funds to nearest £
			-
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Jonathan Bush	16/08/2025
		Richard Perkins	16/08/2025

Review of the charity’s	Para	At the end of the reporting period, the charity had income of
financial position at the end	1.21	£39,136 and expenditure of £2,465, leaving a closing balance
of the period		of £36,671. Expenditure was mainly on administrative costs,
		such as the creation and hosting of the website, Marathon
		entry fees and DBS checking costs. The trustees are satisfied
		that the financial position reflects steady progress in the
		charity’s formative year.
Statement explaining the	Para	The trustees’ policy is to build reserves sufficient to cover at
policy for holding reserves	1.22	least 6 months’ anticipated running costs to ensure financial
stating why they are held		stability and the ability to respond to unforeseen
		circumstances. The amount held in reserves will be monitored
		by the board of trustees during the course of the year as part of
		our budgetary process and financial monitoring.
Amount of reserves held	Para	At the year end, the charity held funds of £36,671. While much
	1.22	of these funds will be used for the investment in the future, at
		the moment they provide a more-than-adequate reserve.
Reasons for holding zero	Para	N/A
reserves	1.22
Details of fund materially in	Para	No funds were in deficit at the year end.
deficit	1.24
Explanation of any	Para	The trustees have reviewed the charity’s financial position and
uncertainties about the	1.23	consider that there are no material uncertainties about the
charity continuing as a		charity’s ability to continue as a going concern. Fundraising
going concern		remains a key priority to ensure sustainability and enable the
		planned expansion of respite holidays.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal	Para	The principal sources of funds for the charity are voluntary
sources of funds (including	1.47	donations from individuals, contributions, and individuals
any fundraising)		completing fundraising events.
Investment policy and	Para	Veterans Coastal Retreats currently holds all funds as cash in
objectives including any	1.46	interest-bearing accounts to ensure liquidity for operational
social investment policy		needs and planned retreats. The trustees do not hold any
adopted		social or programme-related investments at present. The
		investment policy will be reviewed as the charity grows to
		ensure that funds are used prudently while furthering the
		charity’s objectives.
A description of the	Para	The trustees have created a Risk Register which logs the most
principal risks facing the	1.46	significant risks to the charity. These include:
charity
		Funding Risk – Insufficient funds could delay the delivery of
		respite holidays. Mitigation: Active fundraising and building a
		sustainable supporter base.
		Operational Risk – Risks associated with delivering retreats,
		including health and safety of guests. Mitigation:
		Comprehensive risk assessments, particularly when using
		third-party holiday rental providers, volunteer training, and
		adherence to safety protocols.

Reputational Risk – Negative publicity could affect trust and support. Mitigation: Transparent reporting, strong governance,

and maintaining high standards of service, particularly in relation to social media and public facing activities.

Regulatory Risk – Non-compliance with charity law and guidance. Mitigation: Trustees regularly review Charity Commission guidance and seek professional advice as needed.

Structure, Governance and Management

Description of charity’s trusts:

Type of governing	Para	Constitution, implemented 25 September 2023
document	1.25
How is the charity	Para	CIO
constituted?	1.25
Trustee selection methods	Para	Trustees are appointed in accordance with the constitution.
including details of any	1.25	New trustees may be nominated and appointed by the
constitutional provisions		existing board of trustees, ensuring that they have relevant
e.g. election to post or		skills, experience, and commitment to furthering the
name of any person or		charity’s purposes. There are currently no external bodies
body entitled to appoint one		entitled to appoint trustees.
or more trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures Para All new trustees will receive a comprehensive induction to adopted for the induction 1.51 help them understand their role, responsibilities, and the and training of trustees context in which the charity operates.

Induction will include:

• Overview of the charity’s mission, values, and strategic objectives

• Copy of the charity’s governing document

• Most recent annual report and accounts

• Key organisational policies (e.g., safeguarding, conflicts of interest, financial controls, GDPR)

• Signing of the Fit and Proper Person, Policy adherence and Privacy notice declaration forms

• Introduction to fellow trustees and senior staff

• Access to online resources including:

• CC3: The Essential Trustee (Charity Commission)

• • Charity Governance Code

• Online training modules from the ICAEW Trustee Training Modules

The charity’s organisational	Para	Veterans Coastal Retreats is governed by a board of
structure and any wider	1.51	trustees and supported by a network of volunteers. The
network with which the		charity is increasing its network with the aim to create
charity works		partnerships with other veteran support organisations,
		community groups, and service providers to further
		fundraising opportunities, and ultimately ensure that its
		retreats are accessible, safe, and responsive to the needs
		of beneficiaries.
Relationship with any	Para	The trustees confirm that there were no related party
related parties	1.51	financial transactions during the year. The trial respite
		holiday week was provided free-of-charge by the mother of
		the charity’s founder. Any potential conflicts of interest are
		managed in accordance with the charity’s conflicts of
		interest policy.

Reference and Administrative details

Charity name Veterans Coastal Retreats Other name the charity uses “VCR”, “Veteran’s Coastal Retreats” Registered charity number 1204898 Charity’s principal address 22 Trelawney Avenue, Poughill, Bude, EX23 9HB

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to
		appoint trustee (if any)
Richard Perkins	Full period	Chair/founder
Simon Mavroleon	17thJuly 2024 onwards	Trustee/safeguarding
Annabel Bush	Full period	Trustee
Jonathan Bush	Full period	Trustee/financial
Edward Kaye	25thSeptember 2023 – 30thJune 2024	Trustee (Resigned)
Courtney Matthews	25thSeptember 2023 – 30thJune 2024	Trustee (Resigned)
Robert Philp	Full period	Trustee (Resigned in 2025)

Corporate trustees – names of the directors at the date the report was approved

Director name

None

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

None

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Nil Name and objects of the charity on whose behalf the assets are Nil held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such Nil assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address

None

Name of chief executive or names of senior staff members (Optional information)

Richard Perkins (Chair of Trustees and Founder)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

VCR has developed and approved the below policies:

• Absence Policy

• AI Policy

• Anti-Bribery Policy

• Becoming a Trustee Policy

• Bullying & Harassment Policy

• Code of Behaviour Policy

• Conflicts of Interest Policy

• EDI Policy

• Ethical Fundraising and Anti-Money Laundering Policy

• Financial Management and Reserves Policy

• GDPR Policy

• Grievances Policy

• Health and Safety Policy

• Risk Management Policy

• Safeguarding Policy

• Serious Incident Policy

• Social Media Policy

• Trustee Training Plan Policy

• Volunteer Policy

• Whistleblowing Policy

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)[Richard Perkins ] Position (eg Secretary, Chair of Trustees Chair, etc)

Simon Mavroleon

Trustee / Safeguarding

Date 16 Aug 2025

Dear Jonathan

I confirm I have examined the records, papers and statements of accounts of Veterans Coastal Retreats and find these accounts to be a true record thereof.

I am happy for you to submit a pdf of this email as evidence of my review. I am registered with the ICAEW under my married name so have used this below.

Best regards

Caroline Lennard FCA

On 16 Oct 2025, at 13:32, Jonathan Bush [e-mail] wrote:

Dear Caroline

Would you be kind enough to review & confirm you are happy that we submit these to the Charity Commission.

Many thanks. Yours, Jonathan

Sent from my iPad