2022-03-31-accounts

			Page
Report ofthe Trustees		1	to	3
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		7	to	12

				31.3.22	31.3.21
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				80,220	70,409
Investment income				36,643	35,816
Other income				15,398	41,441
Total				132,261	147,666
EXPENDITURE ON
Raising funds				12,292	10,733
Charitable activities
In support ofthe charity				91,536	79,328
Other				5,932	5,846
Total				109,760	95,907
Net gains on investments				39,619	208,815
NET INCOME				62,120	260,574
RECONCILIATION	OF FUNDS
Total funds brought forward				1,612,424	1,351,850
TOTAL FUNDS CARRIED FORWARD				1,674,544	1,612,424

		Balance Sheet
		31stMarch 2022
			31.3.22	31.3.21
			Unrestricted	Total
			fund	funds
		Notes
FIXED	ASSETS
Investments		12	1,475,923	1,495,009
CURRENT ASSETS
Debtors		13	156,316	82,186
Cash at	bank		46,205	38,880
			202,521	121,066
CREDITORS
Amounts	falling due within one year	14	(3,900)	(3,651)
NET CURRENT ASSETS			198,621	117,415
TOTAL	ASSETSLESSCURRENT
LIABILITIES			1,674,544	1,612,424
NET ASSETS			1,674,544	1,612,424
FUNDS		15
Unrestricted funds			1,674,544	1,612,424
TOTAL	FUNDS		1,674,544	1,612,424

DONATIONS		AND LEGACIES	AND LEGACIES
				31.3.22	31.3.21
Subscriptions	and donations			61,894	65,837
Gift aid					(69)
Legacies				8,874
Grants				9,452	4,641
				80,220	70,409
Grants received,		included	in the above, are as follows:
				31.3.22	31.3.21
CBWilson Bequest				9,452	3,641
The Salters' Company					1,000
				9,452	4,641

	No	No	No	tes to the Financial Statements - for the Year Ended 31stMarch	continued 2022
3.	INVESTMENT INCOME
						31.3.22	31.3.21
	Dividends	receivable				36,640	35,808
	Deposit account interest					3	8
						36,643	35,816
4.	OTHER INCOME
						31.3.22	31.3.21
	(Loss)/gain	on sale ofinvestments				15,398	41,441
5.	RAISING	FUNDS
	Investment	management	costs
						31.3.22	31.3.21
	Portfolio management					12,292	10,733
6.	CHARITABLE ACTIVITIES			COSTS
						Cllant
						funding of
					Direct	activities
					Costs (see	(see note
					note 7)	8)	Totals
	In support	ofthe charity			10,184	81,352	91,536
7.	DIRECT COSTS OF CHARITABLE ACTIVITIES
						31.3.22	31.3.21
	Regimental	journal				5,864	5,957
	Regimental	Communications				4,320
						10,184	5,957
S.	GRANTS	PAYABLE
						31.3.22	31.3.21
	In support ofthe charity					81,352	73,371
	The total grants paid to institutions			during the year was as follows:
						31.3.22	31.3.21
	Regimental	Association				7,653	12,100
	Serving Soldiers Welfare					44,883	26,896
	Army Benevolent Fund					5,000	5,000
	Commander-in-Chief Parade						11,878
						57,536	55,874

SUPPORT	COSTS
				Governance
			Management	costs	Totals
Other resources expended			4,972	960	5,932
Support costs, included		in the above, are as follows:
Management
				31.3.22	31.3.21
				Other
				resources	Total
				expended	activities
Wages				3,942	4,826
Sundries				450
Insurance				580
				4,972	4,826
Governance	costs
				31.3.22	31.3.21
				Other
				resources	Total
				expended	activities
Accountancy	and legal	fees		960	1,020

FIXEDASSETINVESTMENTS
	Listed
	investments
MARKET VALUE
At 1st April 2021	1,495,009
Purchases	218,129
Disposals	(276,834)
Revaluations	39,619
At 31st March 2022	1,475,923
NET BOOK VALUE
At 31stMarch 2022	1,475,923
At 31stMarch 2021	1,495,009

	The above investmen	ts are stated as follows:
				31.03.22
	Historic value			1,193,429
	Revaluation			282,494
				1,475,923
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
	Investec Regimental	Trust Income Account	151,194	76,894
	Days Pay		4,503	4,673
	1ax		619	619
			156,316	82,186

CREDI	TOR	S: AMOUNTS FA	LLING DUE WITHIN ONE	YEAR
					31.3.22	31.3.21
Accrued	expenses				3,900	3,651
MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.21	in funds	31.3.22
Unrestricted		funds
General	fund			1,612,424	62,120	1,674,544
TOTAL	FUNDS			1,612,424	62,120	1,674,544
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		132,261	(109,760)	39,619	62,120
TOTAL	FUNDS		132,261	(109,760)	39,619	62,120

15.	Accrued expenses 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

			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

				Net
				movement	At
			At 1.4.20	in funds	31.3.22
Unrestricted		funds
General	fund		1,351,850	322,694	1,674,544
TOTAL	FUNDS		1,351,850	322,694	1,674,544

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	ln luntls
Unrestricted		funds
General	fund		279,927	(205,667)	248,434	322,694
TOTAL	FUNDS		279,927	(205,667)	248,434	322,694