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