| CONTENTS | PAGES | |||
|---|---|---|---|---|
| Reference and administrative | information | |||
| Trustees' report | ||||
| Independent examiner's |
report | |||
| Statement offinancial | activities | |||
| Balance sheet | ||||
| Notes to the financial | statements | 6-8 |
| Registered | charity no. | charity no. | 1037208 | ||
|---|---|---|---|---|---|
| Executive | trustee central committee | ||||
| Ex-officio | members | ||||
| Col Comdt RAVC | Lieutenant General |
CRV Walker DSO | |||
| CVRO | Colonel M Morrison QHVS |
||||
| Hon col Comdt RAVC | Colonel DA Macdonald | ||||
| Commandant | DATR | Lieutenant Colonel |
M Robinson | ||
| Chairman | RAVC Association | Major SJones | |||
| Senior Reserve Officer | Lieutenant Colonel |
C Whittle | |||
| corps RSM | WOI (CRSM) Angels Speer | ||||
| Secretary | Lieutenant Colonel |
A DuBaree | |||
| Co-opted | members | WOI (RSMJ C Woodall | |||
| Trustee | |||||
| Address | |||||
| RHQ RAVC | |||||
| Robertson House | |||||
| Slim Road | |||||
| Camberley | |||||
| Surrey | |||||
| GUIS 4NP | |||||
| Independent | examiner | The Independent |
Services | Agency | |
| Ltd | |||||
| PO BOX314 | |||||
| Woking | |||||
| Surrey | |||||
| GU24 9FA | |||||
| Bankers | The Royal Bank ofScotland | Plc | |||
| Holts Farnborough | Branch | ||||
| Lawrie House | |||||
| Victoria Road | |||||
| Farnborough | |||||
| Hampshire GU 14 |
7NR | ||||
| Investment | managers | Investec Investment Ltd |
|||
| Festival House | |||||
| Jessop Avenue | |||||
| Cheltenham | |||||
| GL50 3SH |
| INCOME FUNDS | INCOME FUNDS | |||||||
|---|---|---|---|---|---|---|---|---|
| UNRESTRICTED | RESTRICTED | TOTAL 2021 | ||||||
| FUNDS | FUNDS | FUNDS | 2020 | |||||
| NOTE | ||||||||
| INCOMING RESOURCES | ||||||||
| Incoming resources from generated | funds | |||||||
| Voluntary income |
30,828 | 30,828 | 37,692 | |||||
| Investment income |
10,597 | 10,597 | 18,519 | |||||
| Total incoming resources |
41,425 | 41,425 | 56,211 | |||||
| RESOURCESEXPENDED | ||||||||
| Relief granted | 24,717 | 24,717 | 19,688 | |||||
| Donations | 160 | |||||||
| Adjustment | 15 | 15 | ||||||
| Portfolio service charges | 3,810 | 3,810 | 4,067 | |||||
| History | 4,138 | 4,138 | 1,107 | |||||
| Publications | 2,694 | 2,694 | 2,617 | |||||
| Administration | 2,618 | 2,618 | 1,949 | |||||
| Travel | 1,074 | |||||||
| Insurance | 964 | 964 | 1,030 | |||||
| Inspection ofAccounts | 405 | 405 | 405 | |||||
| Total resources expended | 39,361 | 39,361 | 32,097 | |||||
| NET INCOMING I(OUTGOING) | ||||||||
| RESOURCES FOR | THE YEAR | 2,064 | 2,064 | 24,114 | ||||
| OTHER RECOGNISED GAINS | ||||||||
| AND LOSSES | ||||||||
| Net gains I(losses) on investment | assets | 7 | 69,605 | 69,605 | —- | (45,145) | ||
| NET MOVEMENT IN FUNDS | 71,669 | 71,669 | (21,031) | |||||
| Balance brought forward at 1April 2020 |
428,669 | 428,669 | - - | 449,700 | ||||
| Balance carried forward at 31March | 2021 | 500,338 | 500,338 | 428,669 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| NOTE | |||||||||
| FIXEDASSETS | |||||||||
| Investments | 418,513 | 359,639 | |||||||
| CURRENT ASSETS | |||||||||
| Debtors | 8 | 4,724 | 3,907 | ||||||
| Investment portfolio manager's |
account | 11,674 | 4,752 | ||||||
| Cash at bank and in hand | 78,432 | 62,008 | |||||||
| 94,830 | 70,667 | ||||||||
| CURRENT LIABILITIES | |||||||||
| Creditors | 9 | 13,005 | 1,690 | ||||||
| NET CURRENT ASSETS | 81,825 | 68,977 | |||||||
| NKT ASSETS | 10 | 500,338 | 428,616 | ||||||
| ACCUMULATED | FUNDS | ||||||||
| Unrestricted | 500,338 | 428,616 | |||||||
| Restricted | |||||||||
| 500,338 | 428,616 | ||||||||
| Approved by the Central Committee |
on Date: | and signed on their | behalf by: |
| 2021 | |||||
|---|---|---|---|---|---|
| IJNRKSTKICTKD | RKSTRICTKD | TOTAL | 2020 | ||
| RAVC Memorial | |||||
| Payroll giving | 30,488 | 30,488 | 31,195 | ||
| Legacy | 6,339 | ||||
| Donations | and gifts | 340 | 340 | 158 | |
| 30,828 | 30,828 | 37,692 | |||
| INVESTMENT INCOME | |||||
| 2021 | |||||
| UNRKSTRICTKD | RKSTRICTKD | TOTAL | 2020 | ||
| K | K | ||||
| Portfolio | income (Dividends) | 10,494 | 10,494 | 12,273 | |
| Investment | income from Sales | 6,020 | |||
| Bank deposit interest | 102 | 102 | 226 | ||
| 10,596 | 10,596 | 18,519 |
| DONATIONS | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Four Paws Charity | 75 | ||
| St Mary's Melton Mowbury | Bench | ||
| RHC (David Hathorn) | 35 | ||
| RHC (Barrie Davey) | 50 | ||
| 160 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| External scrutiny |
405 | 405 | |||
| 7. | FIXEDASSETINVESTMENTS | ||||
| 2021 | 2020 | ||||
| Market value at I April 2020 | 359,639 | 404,784 | |||
| Additions | 14,761 | ||||
| Disposals | (25,492) | ||||
| Unrealised/Realised | Gain/Loss | on Investment | 69,605 | (45,145) | |
| Adjustment | |||||
| Market value at 31March 2021 | 418,513 | 359,639 | |||
| Historical cost at 31March 2021 | 300,648 | 313,456 |
| 8. | DEBTORS | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Other debtors | 4,724 | 3,907 | |||||
| Accrued income | |||||||
| 4,724 | 3,907 | ||||||
| 9. | CREDITORS - amounts | falling | due within 1year | ||||
| 2021 | 2020 | ||||||
| Accruals | |||||||
| Other creditors | (13,005) | (1,690) | |||||
| (13,005) | (1,690) | ||||||
| 10. | SUMMARY OF NET ASSETS | BYFUNDS | |||||
| 2021 | |||||||
| UNRESTRICTED | RESTIIICTED | TOTAL | 2020 | ||||
| Fixed assets | 418,513 | 418,513 | 359,639 | ||||
| Current assets | 94,830 | 94,830 | 70,667 | ||||
| Current liabilities | (13,005) | (13,005) | (1,690) | ||||
| 500,338 | 500,338 | 428,616 | |||||
| 11. | MOVEMENTS IN FUNDS | ||||||
| BALANCE | OTHER | BALANCE | |||||
| IAPRIL | GAINS I | 31MARCH | |||||
| 2020 | INCOMING | OUTGOING | (LOSSES) | 2021 | |||
| E | |||||||
| UNRESTRICTED PUNDS | 428,669 | 41,425 | (39,361) | 69,605 | 500,338 | ||
| 428,669 | 41,425 | (39,361) | 69,605 | 500,338 |