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|AT31MAY 2|021||||||||
|---|---|---|---|---|---|---|---|---|
|||||2021|||2020||
||||General/|||General|Designated||
|||Note|Restricted|Designated|Total|||Total|
||||E|E|E|||E|
|FIXED ASSETS|||||||||
|Investments||||4,098,945|4,098,945||3,634,306|3,634,306|
|CURRENT ASSETS|||||||||
|Balances at bank|||16,160||16,160|13,489||13,489|
|Debtors|||||||||
|interfund<br>balances||||||10,000|(10,000)||
||||16,160||16,160|23,489|(10,000)|13,489|
|CURRENT LIABILITIES|||||||||
|Creditors due within one|||||||||
|year|||1,200||1,200|4,080||4,080|
||||14,960||14,960|19,409|(10,000)|9,409|
|NET ASSETS|||14,960|4,099,945|4,113,905|19,409|3,624.306|3,643,715|
|Representing:|||||||||
|Funds brought|forward||19,409|3,624,306|3,643,715|24,866|3,551,467|3,576,333|
|Net movement|in funds||(4,429)|474,619|470,190|(5,457)|72,839|67,382|
|Funds carried forward|||14,980|4,098,925|4,113,905|19,409|3,624,306|3,643,715|
|General reserve|||4,797|||8,786|||
|Restricted reserve|||10,183|||10,623|||
||||14,980|||19,409|||





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|R THE YEAR END|ED 31M|AY 202|1||||||
|---|---|---|---|---|---|---|---|---|
|||||2021|||2020||
||||General/||||||
||||Restricted|Designated|Total|General|Designated|Total|
|||Note|f|E|E||||
|Incoming resources|||||||||
|investment<br>income||4|46,348||46,348|43,664||43,664|
|Allocated investment|||||||||
|returns||5|7,500|(7,500)||71,250|(71,250)||
|Total incoming resources|||53,848|(7,500)|46,348|114,914|(71,250)|43,664|
|Resources expended|||||||||
|Cost ofgenerating|funds||||||||
|Fund managers'<br>fees||||9,168|9,168||7,843|7,843|
|Charitable<br>activities|||||||||
|Grants|||3,311||3,311|85,782||85,782|
|Administration|||||||||
|Governance|||||||||
|Independent<br>examination|||||||||
|fees|||1,200||1,200|4,212||4,212|
|Management<br>ond|||||||||
|admi nistrati on|||||||||
|Treasurer's<br>fees|||8,138|4,070|12,208|8,138|4,06|12,207|
|Miscellaneous<br>expenses|||20||20|276||276|
|Total resources expended|||12,669|13,238|25,907|98,408|11,912|110,320|
|Net incoming/(outgoing)|||||||||
|resources|||||||||
|before transfers|||41,179|(20,738)|20,441|16,506|(83,162)|(66,656)|
|Transfer between|funds|12|(45,608)|45,608||(21,963)|21,963||
|Net incoming/(outgoing)|||||||||
|resources before|||||||||
|investment<br>gains|||(4,429)|24,870|20,441|(5,457)|(61,199)|(66,656)|
|Gains on investment|||||||||
|assets||||449,749|449,749||134,038|134,038|
|NET MOVEMENT|IN||||||||
|FUNDS|||(4,429)|474,619|470,190|(5,457)|72,839|67,382|
|Balances brought|forward||||||||
|at 1June 2020|||19,409|3,624,306|3,643,715|24,866|3,551,467|3,576,333|
|BALANCES CARRIED|||||||||
|FORWARD|||||||||
|AT 31MAY 2021|||14,980|4,098,925|4,113,905|19,409|3,624,306|3,643,715|
|General<br>reserve|||4,797|||8,786|||
|Restricted<br>reserve||9|10,183|||10,623|||
||||14,980|||19,409|||





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||2021|2020|
|---|---|---|
||E|E|
|Market value at 1June 2020|3,634,306|3,551,467|
|Acquisitions|940,024|585,687|
|Disposals|(843,172)|(768,301)|
|Net unrealised<br>gains/(losses)|367,787|265,453|
|Market Value at 31May 2021|4,098,945|3,634,306|
|Cost at 31 May 2021|3,199,042|3,177,606|



||||2021||2020||
|---|---|---|---|---|---|---|
||||E||E||
|GAM Star Composite||Global Equity|496,924|129o|359,765|11%|
|iShares Core S&P|500|UCITS ETF|435,460|119o|405,037|12%|
|UBS ETF 5&P 500|ESG|UCITS|404,411|109o|224,622|79o|
|Charities<br>Property|Fund||372,480|99(|378,750|129o|
|GAM Star Tactical|Opportunities||241,280|69o|218,409|79o|
|iShares GBP Ultrashort||Bond UCITS ETF|240,197|69o|197,814|69o|



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||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Accruals —Independent|Examination||1,200||
|—Audit||||4,080|
||||1,200|4,080|
|INVESTMENT AND OTHER|INCOME||||
||||2021|2020|
||||E|E|
|Dividends —Charities Property||Fund|14,788|15,731|
|Dividends —GAM funds,|reinvested||31,558|27,893|
|Bank and fund manager|interest||2|40|
||||46,348|43,664|





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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|General sports||||3,460|48,740|
|Winter sports|||||33,007|
|Adventurous|training|||4,470|9,835|
|Welfare and|other|||1,000|760|
|||||8,930|92,342|
|Less: Grants refunded||||(4,269)|(2,120)|
|Less: Old outstanding||cheques written|back|(1,350)|(4,440)|
|||||3,311|85,782|



## 

|1Fusiliers||Exs Lonely|Rocker|and Fatigued|Fusilier|800|
|---|---|---|---|---|---|---|
|MAB7||Ex Utah Pegasus||||375|
|26 Fd Regt RA||Cross Channel<br>Swim||||500|
|2 Scots||Ex Surfing|Fusilier|||500|
|3 Para||Motorcycle|Enduro|||285|
|Scots DG||Ex Winter|Eagle|||1,000|
|||||||3,460|
|Adventurous|training||||||
|BATUS||ExTiger Medicine||Yeti 2021||3,770|
|22 Sig Regt||Ex Dragon|Turkish|Ascent||700|
|||||||4,470|



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