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2023-03-31-accounts

FOVANT BADGES SOCIETY TRUSTEES’ ANNUAL REPORT

Year Ended March 31st 2023

LEGAL AND ADMINISTRATIVE DETAILS

The Fovant Badges Society is a Registered Charity – No. 1045087 and is governed by a constitution, which was adopted by the Society at a meeting held on August 15[th] 1994, and amended according to changes unanimously adopted at the Annual General Meeting (AGM) of the Society on May 24th 2006. There have been further amendments on May 20th 2009, May 19th 2010 and May 25th 2011. These amendments were accepted by the Charity Commission.

The objects of the Society are to maintain and preserve the regimental crests on Fovant Downs, Wiltshire, thereby furthering the education of the public and promoting ‘esprit de corps’.

The full name of the Society is The Fovant Badges Society. The address for correspondence is Anam Cara, Dinton Road, Fovant, Salisbury, Wiltshire SP3 5JW.

Our Patron is the Duke of Edinburgh KG GCVO CD ADC(P)

Our President is General Sir Nick Parker KCB CBE.

The management of the Society rests with the voluntary Executive Committee, elected at the AGM. The following Committee members are Charitable Trustees:

Mrs Jose Green - Chair

Mr David Gorse – Honorary Secretary and Membership Officer Mr Terence Lister - Honorary Treasurer

Mr Leslie Brantingham – Conservation Officer Miss Helen Roberts – Publicity and Newsletter Officer Mr Richard Lord - Trustee

The Society’s bankers are National Westminster Bank at the Salisbury branch. The administration of the Society is carried out entirely by voluntary effort. Mr. Francis Taylor acted as the Society’s Independent Examiner of the accounts for the year ended March 31st 2023. The gross income of the Society exceeded £25,000 but was less than £500,000.

REPORT

Report from our Chair, Mrs Jose Green

As I write these few lines by way of introduction one cannot help but think of the similarities the present day has with those post First World War years and early 1920’s. A pandemic and a war back-to-back, with all the atrocities and heartbreak that comes as a consequence of both. But we must continue to ensure that the lasting memorial of the Badges will remain in high focus as we go forth into the future. Although not from a military background, I have lived under the shadow of the Royal Warwickshire and the 7th City of London Badges in Sutton Mandeville for 50 years; the large South Camp field has always been part of our family history as it was requisitioned from the Green family for the duration of WW1. Many a story of the training and demobbing of the soldiers has been passed down through the 4 generations that have farmed in that area since then; from gruesome to poignant and from highly exaggerated to blatant untruths have all been told but still the lasting memory through the many mementoes, artefacts and archives that remain, is part of our local history as well as our national pride. We must preserve it all. The Anzac Day service on the 25th of April at Compton Chamberlayne was a very moving occasion and a rewarding challenge to climb up to the Map of Australia. How lovely it is to have a good vista of the map now the trees have been felled along the A30. His Majesty’s Coronation was an uplifting occasion, with centuries of tradition and pageantry mixed with more modern touches. My role on picking up the mantle from those before me is to ensure there is greater cohesion and commitment from all those who want to ensure that the memory of those that gave of their all and for all that it stood for, lives on forever. I look forward to doing my bit.

Date: 15/05/2023 Time: 14:19:21

Page: 1

The Fovant Badges Society Balance Sheet

From:
Month 1, April 2022
To:
Month 12, March 2023
Chart of Accounts:
Default Layout of Accounts
Period
Fixed Assets
0.00
Current Assets
Deposits and Cash
787.64
Bank Account
0.00
787.64
Current Liabilities
Bank Account
10,779.85
10,779.85
Current Assets less Current Liabilities:
(9,992.21)
Total Assets less Current Liabilities:
(9,992.21)
Long Term Liabilities
0.00
Total Assets less Total Liabilities:
(9,992.21)
Capital & Reserves
Investment Reserves
0.00
Funds
0.00
(9,992.21)
P & L Account
(9,992.21)
Year to Date
0.00
348,819.66
40,567.80
389,387.46
0.00
0.00
389,387.46
389,387.46
0.00
389,387.46
89,702.07
309,677.60
(9,992.21)
389,387.46

Date: 15/05/2023 Time: 14:17:25

Page: 1

The Fovant Badges Society Profit and Loss

From: Month 1, April 2022 To: Month 12, March 2023

Chart of Accounts:

Default Layout of Accounts

Period
Income
Grants
5,615.06
Donations & Subscriptions
5,429.00
Investment Income
16,558.36
Gift Aid Tax Reclaim
1,086.41
Memorial Grants Scheme - VAT Reclaim
6,117.23
General Donations
315.35
Something on the Hill
(269.97)
Expenditure
Contractors
37,406.25
Purchase of Chalk
4,640.83
Misc. Maint. Expenses
195.90
Direct Expenses
Advertising & Website
1,018.92
Printing & Publicity
437.11
Gross Profit/(Loss):
Overheads
Postage & Carriage
13.70
CBA Affiliation Fee
89.00
Management & Admin - Professional Fees
1,041.94
Net Profit/(Loss):
34,851.44
42,242.98
1,456.03
(8,847.57)
1,144.64
(9,992.21)
Year to Date
5,615.06
5,429.00
16,558.36
1,086.41
6,117.23
315.35
(269.97)
37,406.25
4,640.83
195.90
1,018.92
437.11
13.70
89.00
1,041.94
34,851.44
42,242.98
1,456.03
(8,847.57)
1,144.64
(9,992.21)

Independent Examinerfs Reportto the Trustees of the Fovant Badges Society Registered Charlty No. 1045087 On the accounts for the year ended 31st March 2023. Respective re5ponsibilitiesof trustee5 and examiner.- The charity'strustees are responsiblefor the preparatton of the accounts. The charity's tnjstees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent exanination is needed. ft is my resF)onsibtlity, as the Examiner. to: examine the accounts under sedIC￿ 43 ofthe 1993AcL To follow the procedures lad down in the general directions given by the Charity Commis&on (under section 43(nb) of 1993 Ad and to statewhether parti(aJlar mattefs have ccxne to my attentFOn. Basis of the Independent E￿mIne¢S ststement My examination was carried out in accordan￿ wth general Direction5 given by the Charity Commission. An examinaiion indudes a review of the accounting records kept by the charity arml a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanab.ons from the trustees conceming any such matters. The procedures undertaken do not provide all the eviden￿ that would be required in an audrt, and consequently no opinion is given as to whether the accounts present a Yrue and fairf view and the report is limited to those rnatters set out in the statement Independent Examinefs staten￿t In connection wtth my examination. no matterhas come to my attenb"on'. 1. Which gives me reasonable cause to bdieve tr￿t in. any material respec*, the requirements.. to keep accounting records in accordan￿ wtlhthe 1993 Act: and to prepare accounts which accord withthe accounting records and comply with the accounting requir6ynents of the 1993Act have not been met: or 2. to which, in my opinion, attention should kne been drawn in orderto enable a proper understandirvJ or the accounts to be reached. Signed Date: Name: Fran¢iS Taytor Relevant profession qualmcations: FCMA Address: 14 The Croft Salisbury SP54DF