Championing the Wounded
Whowe are |
This year we spent £25.6 million delivering
support to our beneficiaries. We also
spent £3.7 million on long term capital
projects to allow us to continue delivering
for years to come.
Our Volunteers, fundraisers and partners
have been fantastic in helping us to raise
vital funds. However like many other
charities, we have found it harder to raise
money over the past 12 months, meaning
that our income has fallen from
£30.8 million to £26.1 million.
The reduction in income, increasing
demand on our services and the need to
invest in generating income means that
for the second year in a rowwe have had
to dip into our reserves, reducing them
by £9.5 million (£5.3 million before
Whilst it has been a challenging year,
the money we have raised has enabled
us to help an increasing number of those
seeking our support. To date, we have
helped 22,285 Service Personnel,
Veterans and their families to lead
secure, healthy and purposeful lives.
This year we have focused on improving
our fundraising efforts, and this approach
will continue as we look to protect the
long-term future of our work in support
of Veterans and their loved ones.
Cost of Raising Funds