OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-04-05-accounts

Principal Address Principal Address C/0 Wey Court West West
Union Road
Farnham
Surrey
GU9 7PT
Trustees lan
H Stewart CM
Flaminia
Martin
Richard Palusinski (Chairman)
Mark Waring
Peter Lankester
Angela Tait
Barry Firth MBE
Emma Simons
Bankers Scottish Widows Bank pic
PO Box883
Leeds
LS1 9TY
Royal Bank ofScotland
Holts Farnborough Branch
200 Fowler Avenue
Farnborough
Business
Park
Farnbo rough
Hampshire
GU14 7)P
Investment Managers BlackRock Investment Management (UK) Limited
PO Box545
Darlington
DL1 9TQ
Independent Mark Dickinson FCA
Examiner Wise Ik Co.
Chartered
Accountants
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
Charity Registration 1038121
Number

STATEMENT OF FINANCIAL STATEMENT OF FINANCIAL STATEMENT OF FINANCIAL ACTIVITIES ACTIVITIES
FOR THE YEAR ENDED
STH APRIL 2022
Restricted Unrestricted Total Total
Funds Funds Funds Funds
Notes 2022 2022 2022 2021
E E
Income and Endowments
Donations
received
3 90 36,341 36,431 10,031
Libor Government funding for Veterans 21,600 21,600
Normandy
Trip
income tax recoverable on gift aid donations 429 429 307
Deposit interest received 33 33 41
Investment
income
1,416 1,416 1,255
Total Income
Expenditure
Charitable
Activities
4
Young Historian Project - Prizes 1,546 1,033
Young Historian Project - Catering 8 Other Costs 550
Young Historian Project - Hector Duff Prize 380 380 525
VE Day Poster Competition 435 435 287
VE Day Gift Boxes &Cards for Veterans 900
Donations
Granted
- Welfare 4 467 467 50
Subscriptions 115 115 65
Poppies / Poppy Wreath &Cross 150 150
Field of Remembrance 203 203 180
Independent
Examiner Fee
1,110 1,110 1,110
Printing Postage & Admin 666 666 439
Telephone 403 403 404
Insurance 258 258 258
Miscellaneous Gifts 439 439 114
Travel Costs 465 465
Normandy
Trips
21,600 22,125 43,725
Cenotaph 2,318 2,318
Tower of London 670 670
National
Memorial
Arboretum 2,669 2,669
Total Expenditure 21,980 34,039 56,019 5,914
Net Income/Expenditure and net movement in funds (290) 4,180 3,890 5,720
before gains and losses on investments
Net gains/(losses)
on investments
5 2,957 2,957 8,438
Net movement
in funds
before transfers
Gross transfers between funds
Net Movement
in Funds
for the Year
Balance at 6April 2021 3,095 84,720 87,815 73,657
Balance at 5Apnl 2022 2,805 91,S58 94,663 87,815
The statement offinancial activities includes all gains and losses recognised in the year.
None ofthe Trust's activities were acquired or discontinued during the current and previous years.
The notes on pages 9to 11 form part ofthese accounts
Page 7
STATEMENT OF STATEMENT OF FINANCIAL POSITION FINANCIAL POSITION FINANCIAL POSITION
ASAT
STH APRII. 2022
2022 2022 2021 2021
Notes E
FIxed Assets
Investments 50,807 46,433
50,807 46,43
Current Assets
Income Tax Recoverable
-Gift Aid 375
Prepayment
-insurance 258 258
-France October 2021 costs 10,080
-France June 2022 costs 3,536
Royal Bank ofScotland - Holts 7,468 7,490
Scottish Widows Deposit Account 30,454 33,921
Royal Bank ofScotland - Savings 3,876 11,819
63.942
Creditors (Amounts falling
due within one year) 22,560
Net Current Assets 43,856 41,382
Net Assets 87.815
Represented
by.
Unrestricted Funds 91,858 84,720
Restricted
Funds
2,805 3,095
Charitable
Funds
87.815
On Behalf ofthe Trustees
Approvedbythe
Trustees on:
g/, /g gggg
Trustee: lan Stewart (Vice Chairman)
The notes on pages 9to 11form part of these accounts

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5TH APRIL 2022
3.Donations received 2022 2021
E E
Unrestricted
Southend
Veterans
2,000
Sheffield Veterans 5,500
Rowan Bentall Charity Trust 500 500
Award Productions Ltd 125 60
Other Donations and Just Giving
Return of Unused
Welfare Donations
30,216 4,820
852
Total Unrestricted
Donations
Received 36,341 8,231
Restricted
Hector Duff Prize 90 1,800
Normandy
Memorial
Trip 21,600
Total Restricted
Donation
Received 21,690 1,800

In 2022 the expenditure
on charitable
In 2022 the expenditure
on charitable
activities was f56,019(2021:E5,914,f525 from restricted) f21,980ofwhich was activities was f56,019(2021:E5,914,f525 from restricted) f21,980ofwhich was activities was f56,019(2021:E5,914,f525 from restricted) f21,980ofwhich was
expenditure
from restricted funds. A
split ofthe donations granted out ofthe Normandy
Veterans Welfare Fund is shown
below.
Donations granted - Welfare 2022 2021
E E
Alarm fitted in a veteran's
home
329
Veterans travel for events and lunch for aveteran 138
Help with aveteran's
removal expenses
50
Total welfare donations
made
467 50
Donations
made from unrestricted
reserves 467 50
5.Investments 2022 2021
E E
Listed Investments
Armed Forces Charities Growth 8 Income Fund 50,807 46,433
50,807 46,433
Movement
in Market Value
Market value at 6th April 2021 46,433 36,740
Acquisitions
at cost
1,416 1,255
Disposals at open book value
Net Gain/(losses)
on revaluations
in the year ended 5April 2022
2,957
8,438
Market value at 5th April 2022 50,807 46,433
Historical cost at 5th April 2022 32,670 31,254

2022 2021
E E
Independent Examiner Fees 960 960
Deferred Income - Libor Government Funding for Veterans France T 21,600
Deferred income - Normandy June 2022 1,580
Unrestricted 960
Restricted 21,600

Hector Duff Prize
Balance brought forward 3,095
Incoming resources 90
3,185
Resources Expended (380)
2.805