Forgotten Veterans UK has suspended its operations due to “reputational damage” according to a social media post made by the charity.
The Charity Commission opened a regulatory compliance case into the charity in June after it failed to provide records for £151,000 in donations and £89,000 in expenditure.
Moreover, the charity’s chief executive and former trustee Gary Weaving was arrested due to alleged harassment. Portsmouth Police state he is currently on bail.
The Facebook post, which has since been deleted, was posted on behalf of Tony Reid, the chair of the charity. It stated that Forgotten Veterans UK is currently considering options for the future.
According to a report by Portsmouth.co.uk, the social media post said it had been “extremely difficult for the charity to run effectively”.
“Unfortunately, the reputational damage to both the CEO and the charity has been severe and as such has made operating very difficult,” it said.
Reid co-founded the charity with Weaving in 2016 but left in 2019 for health reasons before returning in January this year.
He told Civil Society in June that all of the trustees including Weaving resigned apart from Reid which prompted him to contact the Charity Commission.
Forgotten Veterans UK has not responded to requests for comment from Civil Society.