ARMY BENEVOLENT FUND

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -18.3%

  £82,000 → £67,000

• Cash

  +55.3%

  £14,687,000 → £22,807,000

• Net assets

  +21%

  £97,906,000 → £118,491,000

• Employees

  +1.2%

  83 → 84

• Operating profit

  +820%

  -£2,843,000 → £20,469,000

• Profit before tax

  +6,489.3%

  -£356,000 → £22,746,000

• Wages

  +6.3%

  £3,569,000 → £3,795,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. ARMY BENEVOLENT FUND 2023-11-08 → present
2. ABF THE SOLDIERS' CHARITY 2012-03-02 → 2023-11-08

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The trustees believe that, whilst uncertainty exists, this does not pose a material uncertainty that would cast doubt on the Charity's ability to continue as a going concern. The Charity therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. ARMY BENEVOLENT FUND · parent
   1. Soldiers' Trading Limited 100% · England and Wales · raise money for the Charity through the online shop and commercial partnerships.

Significant events

• “During 2024, the nation commemorated the 80th anniversary of D Day; and we also celebrated the 80th anniversary of the founding of the ABF.”
• “Our 80th anniversary year was one of continuity and change. We said farewell to Warrant Officer Class One Paul Carney...”
• “Our board has seen the appointment of three new trustees, George Culmer, Caitlin Hayden, and Anna Sedgley, appointed through open competition, and who joined us in August 2024.”
• “The 24/25 financial year saw the Charity spending some £9.2m in benevolence, supporting over 80,000 members of the Army family in 52 countries around the world.”
• “receipt this year of a highly significant and generous legacy of nearly £25m has reinforced our financial reserve such as to afford the charity the opportunity to take a genuinely considered approach to a number of issues.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.