' THE LEAGUE OF REMEMBRANCE
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2014
Report of the Council
The members of the Council, who are also trustees of the Charity, have pleasure in presenting their report and the audited
financial statements for the year ended 31
st
August 2014. The legal and administrative information set out on pages 1 and 2 form
part of this report
Objects of the Charity
The objects of the charity are:
The relief of persons who are in need, hardship or distress and who are either widows or dependants of former members (either
alive or dead) of The Armed Forces of the Crown, or widows or dependants of other persons who have been killed or incapacitated
in or through war or civil disaster, other exceptional circumstances, or former members of The Armed Forces of the Crown, or
retired members of the Nursing profession.
The relief of persons in need who are sick, convalescent, disabled or infirm by relieving their suffering or assisting their recovery.
In furtherance of these objects:
The League of Remembrance cares for dependants of all who have given service to their country in the Armed Forces, to retired
Armed Forces personnel and also to retired members of the Nursing profession.
The League recruits suitable people as Remembrance Workers to help in a variety of ways in major London Hospitals. This
provides useful work, companionship, a sense of purpose and a small but welcome income to the Remembrance Workers who are
in need of help through bereavement, slender means or loneliness.
No significant change in activities is foreseen.
Taxation
The League is a registered charity and as such is not liable to corporation tax on its charitable activities.
Organisation Structure
Under the governing document, the Council shall consist of no less than seven trustees and no more than twelve at any time. The
Council members during the year are shown on page 1. Council members are elected and appointed to the Council by proposal
and approval of the members. No remuneration is paid to any trustee.
The trustee recruitment policy of the League involves the discussion of the skills and qualities required to best serve the League.
Appropriate persons are then approached by the Chairman and Secretary who give the potential trustee information about the
League and the responsibilities involved. If the trustee is appointed, then the Secretary will go through an induction process with
them.
The organisation isadministered by the Secretary who is the Chief Executive officer, reporting directly to the Council.
Reserves Policy
The Council has reviewed the reserves of the charity. This review encompassed the nature of the income and expenditure
streams, the need to match variable income with fixed commitments and the nature of reserves.
The review concluded that to allow the charity to be managed efficiently and to provide a buffer for uninterrupted services, a
general reserve of a minimum of £1,000,000 bemaintained.
This reserve will give sufficient income from the investment base to cover operating expenditure to keep the charity going
indefinitely.
3
