2021-03-31-accounts

			Page
Report ofthe Trustees		I	to	3
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		7	to	l2

				31.3.21	31.3.20
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				70,409	95,046
Investment income				35,816	44,901
Other income				41,441	(10,576)
Total				147,666	129,371
EXPENDITURE ON
Raising funds				10,733	11,529
Charitable activities
In support ofthe charity				79,328	82,264
Other				5,846	900
Total				95,907	94,693
Net gains/(losses) on	investinents			208,815	(145,133)
NET INCOME/(EXPENDITURE)				260,574	(110,455)
RECONCILIATION	OF FUNDS
Total funds brought	forward			1,351,850	1,462,305
TOTAL FUNDS CARRIED FORWARD				1,612,424	1,351,850

		Balance Sheet
		31stMarch 2021
			31.3.21	31.3.20
			Unrestricted	Total
			fund	funds
		Notes
FIXED	ASSETS
Investments		12	1,495,009	1,211,099
CURRENT ASSETS
Debtors		13	82,186	124,125
Cash at	bank		38,880	20,416
			121,066	144,541
CREDITORS
Amounts	falling due within one year	14	(3,651)	(3,790)
NET CURRENT ASSETS			117,415	140,751
TOTAL	ASSETSLESSCURRENT
LIABILITIES			1,612,424	1,351,850
NET ASSETS			1,612,424	1,351,850
FUNDS		15
Unrestricted funds			1,612,424	1,351,850
TOTAL	FUNDS		1,612,424	1,351,850

						31.3.21	31.3.20
	Dividends	receivable				35,808	44,774
	Deposit account interest					8	127
						35,816	44,901
4.	OTHER INCOME
						31.3.21	31.3.20
	(Loss)/gain	on sale ofinvesttnents				41,441	(10,576)
5.	RAISING	FUNDS
	Investment	management	costs
						31,3.21	31.3.20
	Portfolio management					10,733	11,529
6.	CHARITABLE ACTIVITIES			COSTS
						Grant
						funding of
					Direct	activities
					Costs (see	(see note
					note 7)	8)	Totals
	In support	ofthe charity			5,957	73,371	79,328
7.	DIRECT COSTS OFCHARITABLE ACTIVITIES
						31.3.21	31.3.20
	Regimental	journal				5,957	5,999
8.	GRANTS	PAYABLE
						31.3.21	31.3.20
	In support ofthe charity					73,371	76,265
	The total grants paid to institutions			during the year was as follows:
						31.3.21	31.3.20
	Regimental	Association				12,100	18,800
	Serving Soldiers Welfare					26,896	26,853
	Army Benevolent Fund					5,000	1,500
	Commander-in-Chief Parade					11,878
						55,874	47,153

SUPPORT	COSTS
				Governance
			Management	costs	Totals
Other resources expended			4,826	1,020	5,846
Support costs, included		in the above, are as follows:
Management
				31.3.21	3].3.20
				Other
				resources	Total
				expended	activities
Wages				4,826
Governance	costs
				31.3.21	3],3,20
				Other
				resources	Total
				expended	activities
Accountancy	and legal	fees		1,020	900

			31.3.21	31.3.20
Management	and	support	1

FIXEDASSETINVESTMENTS
	Listed
	investments
MARKET VALUE
At 1st April 2020	1,21],099
Purchases	372,320
Disposals	(297,225)
Revaluations	208,815
At 31stMarch 2021	1,495,009
NET BOOK VALUE
At 31stMarch 2021	1,495,009
At 31stMarch 2020	1,211,099

The above in	vestinen	ts are stated as follows:
				31,03.21
Historic value				1,247,706
Revaluation				247,303
				1,495,009
DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.21	31.3.20
Investec Regimental		Trust Income Account	76,894	111,950
Days Pay			4,673	4,706
Tax			619	1,512
Prepayments	and accrued income			5,957
			82,186	124,125

	Notes to the Financial Statements -continued for the Year Ended 31stMarch 2021	Notes to the Financial Statements -continued for the Year Ended 31stMarch 2021
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.21	31,3.20
	Accrued expenses		3,651	3,790
15.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4,20	in funds	31.3.21
	Unrestricted funds
	General fund	1,351,850	260,574	1,612,424
	TOTAL FUNDS	1,351,850	260,574	1,612,424

Net movement	Net movement	in funds,	included	included	included	in the above	are	as follows:
								Incoming	Resources	Gains and	Movement
								resources	expended	losses	in funds
Unrestricted		funds
General fund								147,666	(95,907)	208,815	260,574
TOTAL FUNDS								147,666	(95,907)	208,815	260,574
Comparatives		for movement			in	funds
										Net
										movement	At
									At 1.4.19	ln funds	3].3.20
Unrestricted		funds
General fund									1,462,305	(110,455)	1,351,850
TOTAL FUNDS									1,462,305	(110,455)	1,351,850
Comparative	net movement			in	funds, included		in the above are as follows:
								Incoming	Resources	Gains and	Movement
								resources	expended	losses	in funds
Unrestricted		funds
General fund								129,371	(94,693)	(145,133)	(110,455)
TOTAL FUNDS								129,371	(94,693)	(145,133)	(110,455)

			Net
			movement	At
		At 1.4.19	in funds	31.3.21
Unrestricted	funds
General fund		1,462,305	150,119	1,612,424
TOTAL FUNDS		1,462,305	150,119	1,612,424

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		277,037	(190,600)	63,682	150,119
TOTAL	FUNDS		277,037	(190,600)	63,682	150,119