For the latest information and guidance on the Service Charity Sector and the coronavirus (COVID-19) outbreak, please click here

WRNS BT releases report for 2019

Review of Accounts

The 2019 financial year saw good results for the Trust. The accounts show net income of £592k after investment gain. The year-end value of the investment portfolio increased to £3.852m including unrealised gains of £471k. This surplus was more than budgeted mainly due to the receipt of 18 legacies which totalled an amazing £354k.

Grants

£207k was spent on supporting beneficiaries with a regular weekly charitable payment of between £25 – £100pw. Total grants expenditure amounted to £284k and included grants towards the cost of funerals, medical aids, household adaptations, travel, food and clothing. Examples of the impact made are shown below and can be found in full in the report.

“Thank you so much for this very kind gift. It is really needed at the moment, as I am in hospital in London having some specialist rehabilitation to get me to stand again and a possibility of walking. This money will allow my husband and children to come down and stay in a hotel for the night as it is too far for my family to visit in a day. I will be here for 12 weeks and so I am really grateful for this support.”

“May I, on behalf of my client, thank you for your swift and generous response to my request for her financial assistance so enabling necessary modifications to be made to her house. Your support will make a significant difference to her ability to cope with her life changing, and life threatening, hereditary illness as will the assurance that she has the support of the Service family.”

Download the report here.

Our Executive Members

🚉Military veterans of every generation will soon benefit from cut-price rail travel with the new Veterans' Railcard… twitter.com/i/web/status/1…

By @Cobseo 5 days ago

The Service Charity Sector and the coronavirus outbreak

For the latest information and guidance on the Service Charity Sector and the coronavirus (COVID-19) outbreak, please click here