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||Page|
|---|---|
|Report ofthe Trustees|I to 6|
|Independent<br>Examiner" s Report||
|Statement ofFinancial Activities||
|Balance Sheet||
|Notes to the Financial Statements|10to 15|
|Detailed Statement ofFinancial Activities|16|





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|Principal<br>address|||||||||
|---|---|---|---|---|---|---|---|---|
|RHQ The Rifles|||||||||
|Peninsula<br>Barracks|||||||||
|Romsey Road|||||||||
|Winchester|||||||||
|Hampshire|||||||||
|SO23 8TS|||||||||
|Trustees|||||||||
|General Sir Patnck Nicholas Yardley Monrad|||||Sanders KCBCB|||E DSO ADC Gen|
|Lieutenant<br>General Thomas Richardson|||Copinger-Symes||||CBE||
|Major General Thomas Howard Bewick|||OBE||||||
|Major General Charles Seymore Collins|||DSO||OBE||||
|Brigadier Mark Christian<br>Peter Wilson MBE|||||||||
|Brigadier Daniel Reeve MC|||||||||
|Colonel Ralph Graham<br>Arundell|||||||||
|Colonel Ashley<br>Raymond<br>Fulford||OBE|||||||
|Colonel Nikola flic MBE QGM|||||||||
|Lieutenant<br>Colonel Peter James Alexander||||Bafls||OBE|||
|Lieutenant<br>Colonel John Alexander||Poole-Warren||||MBE|||
|Lieutenant<br>Colonel Simon David|Gray MBE||||||||
|Capt Lee Jones —Retired 31May|2022||||||||
|Capt Robert Gribble —Appointed|31 May|||2022|||||
|Jeremy Michael Archer|||||||||
|Simon Charles Hazlitt|||||||||
|Andrew George Wycliffe Jackson|||||||||
|Rebecca Charlotte<br>Maciejewska|||||||||
|Oliver Rupert Marsh|||||||||
|Henry Charles Steel|||||||||





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|REFERENCE AND ADMINISTRATIVE|DETAILS|
|---|---|
|Bankers||
|Lloyds Bank pic||
|Cox's &Kings||
|39Piccadilly||
|London||
|WIV OAA||
|Solicitors||
|Blake Morgan||
|New Kings Court||
|Tollgate||
|Chandler's<br>Ford||
|SO53 3LG||
|Investment<br>Managers||
|Cazenove Capital Management||
|12Moorgate||
|London||
|EC2R 6DR||
|Governing<br>Document||



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||||||Total|Total|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
||||||2022|2021|
|||||Notes|||
|INCOME|FROM||||||
|Donations|and legacies||||9|ll|
|Investment|income||||35,678|29,130|
|Total|||||35,687|29,141|
|EXPENDITURE||ON|||||
|Raising funds|||||8,602|8,526|
|Charitable|activities||||31,216|25,597|
|Total|||||39,818|34,123|
|Net (losses)/gains||on investments|||(154,267)|174,452|
|Net (expenditure)/income|||||(158,398)|169,470|
|RECONCILIATION|||OF FUNDS||||
|Total funds brought forward|||||2,179,319|2,009,849|
|TOTAL|FUNDS|CARRIED FORWARD|||2,020,921|2,179,319|





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|||2022|2021|
|---|---|---|---|
||Notes||g|
|FIXEDASSETS||||
|Investments||1,985,024|2,139,291|
|CURRENT ASSETS||||
|Cash at bank|13|33,342|39,924|
|Debtors|14|5,897|3,314|
|||39,239|43,238|
|CREDITORS||||
|Amounts<br>faging due within one year|15|(3,342)|(3,210)|
|NET CURRENT ASSETS||35,897|40,028|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||2,020,921|2,179,319|
|NET ASSETS||2,020,921|2,179,319|
|FUNDS||||
|Unrestricted<br>funds|16|2,020,921|2,179,319|
|TOTAL FUNDS||2,020,921|2,179,319|





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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Investment|income|||||35,678|29,130|
|||||||35,678|29,130|
|3.RAISING|FUiVDS|||||||
|||||||2022|2021|
|Investment|management||fees|||8,602|8,526|
|||||||8,602|8,526|
|4.CHARITABLE ACTIVITIES||||||||
||||||Grant funding|Support||
|||||Direct|ofactivities|costs||
|||||costs|(see note 5)|(see note 6)|Totals|
|||||g||||
|RHQ||||8,385|12,622|10,207|31,214|
|||||8,385|12,622|10,207|31,214|
|5. GRANTS|PAYABLE|||||||
|The total grant payable||during the year was as follows:||||||
|||||||2022|2021|
|Grants to individuals||||||3,502|3,105|
|Grants to Institutions||||||500|500|
|Grants to Battalions||||||2,500||
|Grant to Iceberg Fund||||||6,120|15,000|
|||||||12,622|18,605|
|6. SUPPORT COSTS||||||||
|||||||Year ended|Year ended|
|||||Management|Governance|31.12.2Z|31.12.21|
|RHQ||||6,865|3,342|10,207|6,992|
|||||6,865|3,342|10,207|6,992|





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||||2022|2021|
|---|---|---|---|---|
|Independent|examination|fees|3,342|3,210|



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||||Total|
|---|---|---|---|
||||Funds|
|INCOME FROM||||
|Donations<br>and legacies|||11|
|Investment<br>income|||29,130|
|Total|||29,141|
|EXPENDITURE|ON|||
|Raising funds|||8,526|
|Charitable<br>activities|||25,597|
|Total|||34,123|
|Net gains/(losses)|on investments||174,452|
|Net income/(expenditure)|||169,470|
|Net movement<br>in|funds||169,470|
|RECONCILIATION||OF FUNDS||
|Total funds brought forward|||2,009,849|
|TOTAL IIUNDS|CARRIED FORWARD||2,179,319|





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|IXEDASSET INVESTMENTS||
|---|---|
||Listed|
||Investments|
|MARKET VALUE||
|At 1stJanuary 2022|2,139,291|
|Additions|527,948|
|Disposals|(527,948)|
|Revaluation|(154,267)|
|At 31st December 2022|1,985,024|
|NET BOOK VALUE||
|At 31stDecember 2022|1,985,024|
|At 31st December 2021|2,139,291|



|||||value|
|---|---|---|---|---|
|Within|the|United|Kingdom|735,655|
|Outside|the|United|Kingdom|1,249,369|
|||||1,985,024|





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|13.CASH AT BA|N|K|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||g||
|Lloyds Account|||||||33,342|39,924|
||||||||33,342|39,924|
|14.DKBTORS|||||||||
||||||||2022|2021|
|||||||||g|
|Schroders accrued income|||||||5,897|3,314|
||||||||5,897|3,314|
|15.CREDITORS:||AMOUNTS|FALLING DUE|WITHIN ONE|YEAR||||
||||||||2022|2021|
|Other creditors|||||||3,342|3,210|
|16.MOVEMKNT||IN FUNDS|||||||
||||Balance at|Incoming|Resources|investment||Balance at|
||||01.01.22|resources|expended|gains/(losses)|Transfers|31.12.22|
||||||g||g||
|Unrestricted|funds||||||||
|General|||2,154,329|35,687|33,698|(154,267)|(15,000)|1,987,051|
|Iceberg Fund|||24,990||6,120||15,000|33,870|
|TOTAL FUNDS|||2,179,319|35,687|39,818|(154,267)||2,020,921|
|Comparatives||for movement|in funds||||||
||||Balance at|Incoming|Resources|Investment||Balance at|
||||01.01.21|resources|expended|gains/(losses)|Transfers|31.12.21|
|||||||g|||
|Unrestricted|funds||||||||
|General|||1,984,859|29,141|19,123|174,452|(15,000)|2,154,329|
|Iceberg Fund|||24,990||15,000||15,000|24,990|
|TOTAL FUNDS|||2,009,849|29,141|34,123|174,452||2,179,319|





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||||Total|Total|
|---|---|---|---|---|
||||Funds|Funds|
||||2022|2021|
|||||g|
|INCOME FROM|||||
|Donations<br>and legacies|||||
|Donations|||||
|Investment<br>income|||||
|Investment<br>income|||35,678|29,130|
||||35,678|29,130|
|Total|||35,687|29,141|
|EXPENDITURE|ON||||
|—<br>Rat~|||||
|Investment<br>management||fee|8,602|8,526|
||||8,602|8,526|
|Charitable<br>activities|||||
|Officer events|||8,385||
|Grants to individuals|||3,502|3,105|
|Grants to Institutions|||500|500|
|Grants to Battalions|||2,500||
|Grant from Iceberg Fund||(Rifies awards event)|6,120|15,000|
||||21,007|18,605|
|Support costs|||||
|Staff honorarium|||1,500|1,500|
|Independent<br>examination||fees|3,342|3,210|
|Officer recruiting|||3,229|1,833|
|Remunerations|||1,096||
|Misc costs and presentations|||1,042|449|
||||10,209|6,992|
|Total|||39,818|34,123|
|Net (losses)/gains|on investments||(154,267)|174,452|
|Net (expenditure)/income|||(158,398)|169,470|