2023-03-31-accounts

Contents
Charity information
Report ofthe	Trustees
Statement of	Trustees	responsibilities
Independent	Auditor's	report
Statement of	financial	activities
Balance sheet
Principal accounting policies
Ndtes tothe financial		statements

						Un-
						restricted	Restricted	Total	Total
					Note	funds	funds	funds	funds
						2023	2023	2023	2022
						f
Income:
l3onations		and legacies			1	439,066		439,066	260,S54
Investment		income			2	134,496		134,496	130,025
Total income						573,562		573,562	390,579
Expenditure		on:
Charitable	activities					292,170		292,170	308,662
Total expenditure						292,170		292,170	308,662
Net income		and net movement				281,392		281,392	81,917
in funds before (losses}/gains				on
investments
Net (losses)/gains			on investments			{199,442)		{199,442)	367,644
Transfer between funds
Net movement in funds						81,950		81,950	449,561
Total funds		brought	forward			4,843,861		4,843,861	4)394,300
Total funds		carried	forward			4,925,811		4,92S,811	4,843,861

Balance sheet
				Notes	2023	2022
					E	E
Fixed assets
Investments					4,270,747	4,465,516
Current assets
Debtors					100,000
Cash at bank	and in	hand			564,688	383,937
					664,688	383,937
Current liabilities
Creditors. amounts		falling due within	in year			5,592
Net current assets					655,064	378,345
Net assets					4,925,811	4,843,861
The funds of	the charity:
Restricted funds
Unrestricted	funds				4,925,811	4,843,861
					4,925,811	4,843,861

Notes to	the financial statements	the financial statements
1.Donations	and legacies
			2023	2022
			f	E
Service Day's		payroll giving donations	266,894	251,233
Donations			5,000	5,000
Legacies			164,000	1,850
Other			3.172	2,471
			439,066	260,554
2. Investment		income
			2023	2022
				f
Bank interest			2,596	40
Dividends	from investments		131,900.	129,985
			134,496	130,025
3.Expenditure
			2023	2022
			f	E
Staff costs			32,502	32,070
Staff travel	costs		948
Accountancy		costs	6,659	6,500
Grants payable (see next page)			212,044	231,330
Management		costs payable to HQBG	32,105	33,105
GBAWebsite			3,760	1,481
Registered	Auditors fee		4,080	4,080
Bank charges			72	96
Total			292,170	308,662

Grants payable:	Grants payable:
				2022
Unrestricted:
Education	8 Welfare grants		60,439	109,370
Adventure	training	grants	35,059	14,317
Special one time grants			21,546	15,643
Regimental Associations			95,000	92,000
			212,044	231,330
4.Analysis	ofstaff costs 8 trustee expenses
			2023	2022
				f
Salaries			29,911	29,479
National	Insurance
Pension contributions			2,591	2,591
Total			32,502	32,070

5.Investment	assets
							2023	2022
							f	f
Market value	at beginning				ofyear		4,465,516	4,093,235
Add: Additions	at cost						4,673	4,637
Less: Disposals	at carrying			value
Add: Net (loss)/gain		on	revaluation				(199,442)	367,644
Market value	at end	of	year				4,270,747	4,465,516
Historical cost information			for the fund			is not available.
Analysis of Investment		assets
							Market
							value at end	Income from
2023							ofyear	investments f
COIF Charities	Investment			fund			3,059,897	93,669
COIF Charities	Global	Equity			Income	Fund	973,462	25,859
COIF Charities	Property		Fund				237,388	12,372
Total							4,270,747	131,900
							Market value
							at end of	Income from
							year	investments
2022								f
COIF Charities	Investment			fund			3,174,227	91,754
COIF Charities	Global	Equity			Income	Fund	1,009,141	25,859
COIF Charities	Property		Fund				282,148	12,372
Total							4,465,516	129,985

6.Debtors
							2022
							E
Legacy receivable					100,000
7.Creditors:	amounts	falling due within	one year
Accruals						5,592
g. Funds analysis
		Balance at	Income	Expenditure	Net losses on	Transfers	Balance
		beginning			investments		at end
		ofyear					ofyear
Unrestricted	funds
General fund		4,843,861	573,562	{292,170)	{199,442)		4,925,811
Total		4,843,861	573,562	292&170)	{199,442)		4,925,811

Fund balances at 31March 2023 are	Fund balances at 31March 2023 are	Unrestricted	Restricted	Total
represented	by:	Funds	Funds	Funds
		f	f	f
Fixed Assets		4,27D,747		4,27Q,747
Current assets		664,688		664,688
Liabilities		(9,624)		(9,624)
Total		4,925,811		4(925,8'11

Fund balances at 31March 20ZZ were	Fund balances at 31March 20ZZ were	Unrestricted	Restricted	Total
represented	by:	Fundsf	Fundsf	Fundsf
Fixed Assets		4,465,516		4,465,516
Current assets		383,937		383,937
Liabilities		(5,592)		(5,592)
Total		4,843,861		4,843,861

	Funds received		210,050
	Payments rnade-.
.	Gurkha Welfare Trust		(154,500)
	The Gurkha Museum'		(50,000)
	Royal Signals Benevolent	Fund	(5,550)