WALKING WITH THE WOUNDED

Charity Number: 1133558
Removed charity

Charity overview

Activities - how the charity spends its money

The principal object of the charity is to provide resettlement assistance & relief in financial need to both personnel who are leaving the armed forces & veterans wounded whilst serving. Generating awareness of 'Our Wounded' is a secondary aim achieved by staging expeditions to extreme regions of the world demonstrating the courage & ability of our wounded to overcome the challenges they face.

Income and expenditure

Data for financial year ending 30 September 2013

Total income:
£2,303,443

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Donations and legacies £2.18m
Charitable activities £0
Other trading activities £123.75k
Investments £3.97k
Other £0

Total expenditure:
£1,366,289

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Raising funds £0
Charitable activities £1.26m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £108.08k
Charitable expenditure £1.26m
Retained for future use £937.15k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Services
Where the charity operates:
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 19 January 2010: Standard registration
  • 27 July 2015: Removed (Funds transferred (incor))
  • 27 July 2015: Funds transferred to 1153497 WALKING WITH THE WOUNDED
Organisation type:
Other
Other names:

No other names

Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/12/2010 31/12/2011 31/12/2012 30/09/2013
Total gross income £268.00k £1.42m £1.24m £2.30m
Total expenditure £136.30k £1.23m £1.20m £1.37m
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A
Income - Donations and legacies N/A £659.65k £1.02m £2.18m
Income - Other trading activities N/A £759.37k £224.31k £123.75k
Income - Charitable activities N/A £0 £0 £0
Income - Endowments N/A £0 £0 £0
Income - Investment N/A £122 £1.25k £3.97k
Income - Other N/A £0 £0 £0
Income - Legacies N/A £0 £0 £0
Expenditure - Charitable activities N/A £134.81k £1.06m £1.26m
Expenditure - Raising funds N/A N/A N/A N/A
Expenditure - Governance N/A £2.89k £14.54k £39.47k
Expenditure - Grants institution N/A £50.00k £444.27k £391.60k
Expenditure - Investment management N/A £0 £0 £0
Expenditure - Other N/A £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2010 31/12/2011 31/12/2012 30/09/2013
Own use assets N/A £0 £0 £0
Long-term investments N/A £0 £0 £0
Other assets N/A £421.64k £497.59k £1.61m
Defined benefit pension scheme asset or liability N/A £0 £0 £0
Total liabilities N/A £97.50k £136.37k £310.64k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 September 2014 Not submitted
Accounts and TAR 30 September 2014 Not submitted
Annual return 30 September 2013 30 July 2014 On Time
Accounts and TAR 30 September 2013 30 July 2014 On Time
Annual return 31 December 2012 25 October 2013 On Time
Accounts and TAR 31 December 2012 25 October 2013 On Time
Annual return 31 December 2011 31 October 2012 On Time
Accounts and TAR 31 December 2011 31 October 2012 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST DATED 12/01/2010 AS AMENDED BY SCHEME DATED 25/06/2013

Charitable objects

(1) TO PROVIDE RESETTLEMENT ASSISTANCE AND RELIEF OF FINANCIAL NEED FOR PERSONNEL WHO ARE LEAVING OR HAVE LEFT THE ARMED FORCES AFTER BEING WOUNDED WHILST SERVING, IN PARTICULAR BUT WITHOUT LIMITATION, BY PROVIDING FUNDING FOR EDUCATION AND TRAINING TO ASSIST THEM IN FINDING WORK AND JOBS AND TO ATTAIN THE SKILLS REQUIRED TO OBTAIN AND RETAIN WORK OUTSIDE THE ARMED FORCES. (2) THE PROMOTION OF SOCIAL INCLUSION OF CURRENT AND FORMER SERVICE PERSONNEL, IN PARTICULAR BUT WITHOUT LIMITATION OF THE UK, WHO ARE EXCLUDED FROM SOCIETY OR PARTS OF SOCIETY AS A RESULT OF BEING WOUNDED WHILST SERVING, IN PARTICULAR BY: (A) PROMOTING KNOWLEDGE AND RAISING AWARENESS OF I) THEIR CAPABILITIES NOTWITHSTANDING THEIR INJURIES AND II) THE SPECIAL HEALTH, FINANCIAL, EDUCATIONAL, SOCIAL AND EMPLOYMENT PROBLEMS FACED BY THEM; AND (B) PROVIDING THEM WITH OPPORTUNITIES TO BUILD CAPACITY BY PARTICIPATING IN EXPEDITIONS AND OTHER ACTIVITIES TO RELIEVE THEIR NEEDS AND TO ASSIST THEM TO INTEGRATE INTO SOCIETY. “WOUNDED” MEANS SUSTAINING INJURY OR IMPAIRMENT TO PHYSICAL OR MENTAL HEALTH.”

Area of benefit

The area the charity can operate in, as set out in its governing document.

THROUGHOUT ENGLAND AND WALES