##
||||Page|
|---|---|---|---|
|Trustees'
report|||1-6|
|Statement
oftrustees'||responsibilities||
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet|||10|
|Notes to the financial|statements||11-18|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Reference|and Administrative|Details|||||||
|---|---|---|---|---|---|---|---|---|
|President|||Admiral The Right Honourable||Baron|West ofSpithead||GCB|
||||DSC PC||||||
|Trustees|||Major General Jeff Mason MBE (Chairman)||||||
||||Commander
Andrew|Gordon-Lennox||Royal Navy (Vice|||
||||Chairman)||||||
||||Mr David Albert||||||
||||Major General Alastair Bruce||ofCnonaich||OBEVR DL||
||||Ms Sukey Cameron|OBE|||||
||||Reverend
David Cooper||||||
||||Mrs Sara Jones CBE DL||||||
||||Mr Robert Mason||||||
||||Rear Admiral
Richard|Melly|||||
||||Brigadier Charles Page MBE||||||
||||Air Chief Marshal SirAndrew||Pulford|GCB|CBE||
||||Captain
Martin Reed|RD*|||||
||||Mr Ron Sidell RIBA Dip. Arch||||||
|Administrator|||Mrs Angela
Perry MBE||||||
|Charity number|||1037942||||||
|Principal Address|||Pangbourne
College||||||
||||Pangbourne||||||
||||Berkshire||||||
||||RG6 8LA||||||
|Bankers|||National
Westminster|Bank Pic|||||
||||Reading
Market Place Branch||||||
||||13Market Place||||||
||||Reading||||||
||||Berkshire||||||
||||RG1 2EG||||||
|Solicitors|||Ashurst
LLP||||||
||||London
Fruit and Wool Exchange||||||
||||1 Duval Square||||||
||||London||||||
||||E1 6PW||||||
|Investment|advisors||Investec Wealth
& Investment||||||
||||2 Gresham
Street||||||
||||London||||||
||||EC2V 7QP||||||
##
#
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||Notes||2021
E|2021
E|2021f|2020|2020
E|2020f|
|Income and endowments|||from|||||||
|Donations
and legacies|||2|41,044|10,164|51,208|36,797|12,420|49,217|
|Investments|||3|26,025||26,025|29,505||29,505|
|Trading
income|||4||||600||600|
|Total income||||67,069|10,164|77,233|66,902|12,420|79,322|
|~E*
ii||||||||||
|Raising funds|||5|10,178||10,178|10,339||10,339|
|Charitable
activities|||6|29,113|5,208|34,321|31,442|14,108|45,550|
|Total resources||||||||||
|expended||||39,291|5,208|44,499|41,781|14,108|55,889|
|Net gains/(losses)||on||||||||
|investments|||10|176,595||176,595|(106,305)||(106,305)|
|Net incoming/||||||||||
|(outgoing) resources||||||||||
|before transfers||||204,373|4,956|209,329|(81,184)|(1,688)|(82,872)|
|Gross transfers||||||||||
|between
funds||||(21,654)|21,654|||||
|Net movement|in funds|||182,719|26,610|209,329|(81,184)|(1,688)|(82,872)|
|Fund balances at 1||||||||||
|April 2020||||1,071,166|40,697|1,111,863|1,152,350|42,385|1,194,735|
|Fund balances|at 31|||||||||
|March 2021||||1,253,885|67,307|1,321,192|1,071,166|40,697|1,111,863|
##
##
||||||2021|2020||
|---|---|---|---|---|---|---|---|
|||||Notes|6|f||
|Fixed assets||||||||
|Investments|||||1,155,064||963,990|
|Current assets||||||||
|Debtors||||13|5,695|7,766||
|Cash at bank and|in|hand|||163,968|143,371||
||||||169,663|151,137||
|Creditors: amounts||falling due within||||||
|one year||||14|(3,535)|(3,264)||
|Net current assets|||||166,128||147,873|
|Total assets less|current||liabilities||1,321,192||1,111,863|
|Income funds||||||||
|Restricted
funds||||15|67,307||40,697|
|Unrestricted
funds|||||1,253,885||1,071,166|
||||||1,321,192||1,111,863|
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021
6|2021|2021
6|2020
5|2020f|2020|
|Donations||and gifts|40,544|202|40,746|36,703||36,703|
|Legacies||receivable|500||500|94||94|
|Grants|&|donations-|||||||
|Welfare|fund|||9,962|9,962||12,420|12,420|
||||41,044|10,164|51,208|36,797|12,420|49,217|
|Donations||and gifts|||||||
|General|Donations||6,620||6,620|6,745||6,745|
|Scots Guards Seats|||||||||
|Appeal|||2,488||2,488|9,015||9,015|
|Memorial||Garden Plaque|||||||
|Project|||10,735||10,735||||
|Friends|Donations||14,104||14,104|11,289||11,289|
|Gift Aid|||6,284||6,284|5,221||5,221|
|Other|||313|202|515|4,433||4,433|
||||40,544|202|40,746|36,703||36,703|
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|||6|5|
|Bond interest||1,348|1,372|
|Dividend|income|24,657|28,051|
|Interest|receivable|20|82|
|||26,025|29,505|
##
##
|4|Trading|Trading|income|income|income||||
|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2021|2020|
||||||||6||
||Chapel|Hire||||||600|
|5|Raising funds||||||||
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2021f|2020f|
||investment|||management|||10,178|10,339|
||||||||10,178|10,339|
|6|Charitable|||activities|||||
||||||||Running
the|Running
the|
||||||||memorial|memorial|
||||||||chapel|chapel|
||||||||2021|2020|
||||||||6|F|
||Trust Secretary Costs||||||22,497|23,740|
||Annual|Service Costs|||||354|10,461|
||Newsletter|||costs|||5,208|5,008|
||||||||28,059|39,209|
||Share ofsupport costs (see note 7)||||||4,005|3,499|
||Share ofgovernance|||||costs (see note 7)|2,257|2,842|
||||||||34,321|45,550|
||Analysis||by||fund||||
||Unrestricted||||funds||29,113|31,442|
||Restricted|||funds|||5,208|14,108|
||||||||34,321|45,550|
##
##
##
|Support||costs|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2021|Support|Governance|2020|
||||costs|costs||costs|costs||
||||F|6|6||f|f|
|Chapel|Insurance||1,386||1,386|1,386||1,386|
|Sundry|Costs||661||661|26||26|
|Printing|&stationary||1,017||1,017|1,127||1,127|
|Website||costs|941||941||||
|Building|maintenance||||||||
|costs||||||960||960|
|Independent
Examiners|||||||||
|Fees||||1,500|1,500||1 500|1 500|
|Trustees'||Meetings||280|280||899|899|
|Trustees'||Liability|||||||
|Insurance||||477|477||443|443|
||||4,005|2,257|6,262|3,499|2,842|6,341|
|Analysed||between|||||||
|Charitable||activities|4,005|2,257|6,262|3,499|2,842|6,341|
##
##
|2021|2020|
|---|---|
|Number|Number|
|Unrestricted|Unrestricted|
|funds|funds|
|2021|2020|
|6|f|
|176,595|(106,305)|
##
##
##
##
|||||||Listed|
|---|---|---|---|---|---|---|
|||||||investments|
||Cost or valuation||||||
||At 1 April|2020||||963,990|
||Additions|||||204,397|
||Valuation|changes||||179,548|
||Increase/(decrease)
in cash deposit account|||||(35,904)|
||Disposals|||||(156,967)|
||At 31 March||2021|||1,155,064|
||Carrying|amount|||||
||At 31 March||2021|||1,155,064|
||At 31 March||2020|||963,990|
||||||2021
6|2020f|
||Investments||at fair value comprise:||||
||Equities||||825,725|771,116|
||Fixed interest||securities||153,347|146,241|
||Cash held|within the investment||portfolio|10,729|46,633|
||Property||||68,050||
||Alternative|investments|||97,213||
||||||1,155,064|963,990|
|13|Debtors||||||
||||||2021|2020|
||Amounts|falling due within one year:|||6|6|
||Other debtors||||2,609|5,974|
||Prepayments||and accrued income||3,086|1,792|
||||||5,695|7,766|
##
##
|14|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
||||6||
||Trade creditors||270||
||Other creditors||1,765|1,764|
||Accruals and deferred|income|1,500|1,500|
||||3,535|3,264|
##
##
|16|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2021
6|2021
6|2021
6|2020
f|2020
6|2020f|
||Fund balances at 31||||||||
||March 2021|are|||||||
||represented|by:|||||||
||Investments||1,155,064||1,155,064|963,990||963,990|
||Current assets/||||||||
||(liabilities)||98,821|67,307|166,128|107,176|40,697|147,873|
||||1,253,885|67,307|1,321,192|1,071,166|40,697|1,111,863|
##