Finance Score: -1

Governance Score: 3

Support Score: 0

Excess liquidity: -1

Dynamic board: +3

No supporters identified

Overall GiG Score: 2

THE VICTORY (SERVICES) ASSOCIATION

Residential Club for Servicemen and Women both serving and ex-service and their families providing accommodation,restaurants,conference,banqueting,exhibition and social events to members and others.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
The Board appears to be dynamic in terms of composition

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/23	£9,471	£8,594	£877	£1,167	£15,277	£15,085	21.1	119
31/03/22	£6,183	£6,188	£-5	£594	£14,587	£14,389	27.9	90
31/03/21	£2,706	£5,352	£-2,646	£156	£14,201	£13,985	31.4	118
31/03/20	£9,319	£8,484	£836	£1,413	£15,966	£15,748	22.3	141
31/03/19	£8,675	£8,051	£624	£1,126	£15,555	£15,421	23	143
31/03/18	£8,503	£7,484	£1,020	£954	£14,809	£14,671	23.5	125
31/03/17	£7,812	£7,380	£432	£860	£13,830	£13,830	22.5	127
31/03/16	£7,710	£6,621	£1,088	£784	£13,238	£13,207	23.9	118
31/03/15	£7,617	£6,439	£1,178	£96	£12,235	£12,205	22.7	115
31/03/14	£7,091	£6,031	£1,060	£87	£10,917	£10,915	21.7	111
31/03/13	£6,695	£5,717	£979	£79	£9,857	£9,856	20.7	109
31/03/12	£6,298	£5,606	£692	£514	£8,834	£8,772	18.8	107
31/03/11	£5,928	£5,112	£816	£234	£8,256	£8,256	19.4	85
31/03/10	£5,215	£4,622	£593	£210	£7,387	£7,387	19.2	86
31/03/09	£5,336	£4,362	£974	£646	£6,780	£6,780	18.7	87
31/03/08	£5,646	£4,305	£1,341	£770	£6,139	£4,677	13	97
31/03/07	£4,251	£3,769	£482	£374	£4,739	£4,156	13.2	95
31/03/06	£3,514	£3,412	£102	£0	£0	£0	n/a	0
31/03/05	£3,487	£3,487	£0	£0	£0	£0	n/a	0
31/03/04	£2,888	£3,270	£-382	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 14.1%
Fundraising Costs/Total Spending: 13.6%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 13%
Liabilities/Income: 24%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 21.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.7

Asset Split ?

Established: 54 years
(77 years as a company)

http://www.vsc.co.uk

info@vsc.co.uk

02076168310

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Services for females

How it operates

Provides buildings/facilities/open space

Where it operates

City Of Westminster,

Who it helps

Other Defined Groups

Who works here?

119 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Age Range of Trustees: 50-77

COLONEL PHILLIPPE ROSSITER Appointed: 2013, Occupation: Company Secretary

GETHIN PRITCHARD ROBERTS Appointed: 2018, Occupation: Company Director

MAJOR GENERAL SEUMAS KERR CBE Appointed: 2014, Other trusteeship: THE ARMY ROMAN CATHOLIC TRUST,

MAJOR GENERAL CELIA HARVEY Appointed: 2023, Occupation: Director

MAJOR GENERAL JEFFREY SINCLAIR MASON Appointed: 2022, Occupation: Clerk To A City Livery Company

PETRA LOUISE CLAYTON Appointed: 2021, Occupation: Marketing Consultant

STUART GUNNING Appointed: 2023, Occupation: Finance Director

AIR VICE-MARSHAL STEVEN CHISNALL CB Appointed: 2014, Other trusteeship: The Officers' Association Benevolent Fund,

CATHERINE NEWHALL-CAIGER Appointed: 2017, Occupation: Managing Director

MAJOR CHARLES VERRIOR MARMENT Appointed: 2013, Occupation: Chartered Wealth Manager

PAUL BRACKLEY Appointed: 2015, Occupation: General Manager

RUPERT JAMES SPENCER JOHNSON Appointed: 2024, Occupation: Trustee, Other trusteeship: The London Rifles Volunteer Trusts,

Legal constitution

Charitable company registered in England & Wales on 24/06/1970, number: 261307
Registered at Companies House on 07/02/1947, number: 00429298

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; all on time

Main office

63-79 Seymour Street
London
W2 2HF

Objectives

TO PROMOTE MILITARY EFFICIENCY AND ESPRIT DE CORPS BY BRINGING TOGETHER MEMBERS OF THE ARMED FORCES OF THE CROWN, FORMER MEMBERS OF THE ARMED FORCES OF THE CROWN AND MEMBERS OF THE ARMED FORCES OF THE COMMONWEALTH AND FOREIGN COUNTRIES WITH WHOM THEY ARE CURRENTLY ALLIED AND BY IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS AND TO RELIEVE NEED, HARDSHIP OR DISTRESS AMONG PERSONS WHO HAVE SERVED IN THE ARMED FORCES OF THE CROWN AND THEIR DEPENDANTS

Defined Area of Benefit:

NOT DEFINED

Data Sources