2022-03-31-accounts

			Page
Report ofthe Trustees		1	to	2
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		6	to	10

			for t	he Year Ended 31stMarch	2022
					31.3.22	31.3.21
					Unrestricted	Total
					fund	funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				24,654	14,435
Investment	income				19,202	20,198
Other income						11,878
Total					43,856	46,511
EXPENDITURE ON
Charitable	activities
To increase	the efficiency ofthe regiment				24,498	33,905
Other					17,770	30,526
Total					42,268	64,431
Net gains on investments					29,638	139,196
NET INCOME					31,226	121,276
RECONCILIATION		OF FUNDS
Total funds	brought forward				877,808	756,532
TOTAL FUNDS CARRIED FORWARD					909,034	877,808

	Balance Sheet 31stMarch 2022
		31.3.22	31.3.21
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	9	3,500	3,500
Investments	10	820,541	822,971
		824,041	826„471
CURRENT ASSETS
Debtors		4,727	6,863
Cash at bank		82,286	46,435
		87,013	53,298
CREDITORS
Amounts falling due within one year	12	(2,020)	(1,961)
NET CURRENT ASSETS		84,993	51,337
TOTAL ASSETSLESSCURRENT
LIABILITIES		909,034	877,808
NET ASSETS		909,034	877,808
FUNDS
Unrestricted funds		909,034	877,808
TOTAL FUNDS		909,034	877,808

DONATION	S AND LEGACIES
		31.3.22	31.3.21
Gift aid			(3,947)
Subscriptions	- serving officers	12,301	II,870
Subscriptions	- retired officers	12,353	6,512
		24,654	14,435

3.	INVESTMENT INCO	ME
							31.3.22	31.3.21
	Income from listed investments						19,202	20,198
4.	OTHER INCOME
							31.3.22	31.3.21
	Live link and Video production		I-IRH Princess Royal 50th anniversaty					11,878
5.	GRANTS PAYABLE
							31.3.22	31.3.21
	To increase the efficiency ofthe		regiment				24,498	33,905
	The total grants paid to	institutions		during	the year was as follows:
							31.3.22	31.3.21
	The Serving Regiment						21,550	28,980
	Regimental Association						2,323	4,300
	King Edward VII's Hospital (Sister			Agnes)			25	25
	H Cav/RAC Corps Mess I und						600	600
							24,498	33,905
							Governance
6.	SUPPORT COSTS
						Management	costs	Totals
	Other resources expended					17,290	480	17,770
	Support costs, included	in the above, are as follows:
	Management
							31.3.22	31.3.21
							Other
							resources	Total
							expended	activities
	Wages						4,589	7,757
	Insurance						4,264	4,059
	Trustees' meeting expenses						1,016
	Sundries						295	171
	Colonel ofThe Regiment						525	193
	Live link and Video production		HRH
	Princess Royal 50th anniversaty							11,878
	Investec management charges						6,601	6,048
							17,290	30,106

				31.3.22	31.3.21
				Other
				resources	Total
				expended	activities
Accountancy	and	legal	fees	480	420

			31.3.22	31.3.21
Management	and suppoit		1	1
No employees	received emoluments	in excess of/60,000.

TANGIBLE FIXED ASSETS
	Fixtures
	and
	fittings
COST
At 1stApril 2021 and 31stMarch 2022	3,500
NET BOOK VALUE
At 31stMarch 2022	3,500
At 31st March 2021	3,500

				Listed
				investments
	MARKET VALUE
	At 1stApril 2021			822,971
	Purchases			120,477
	Disposals			(142,458)
	Revaluations			19,551
	At 31st March 2022			820,541
	NET BOOK VALUE
	At 31stMarch 2022			820,541
	At 31stMarch 2021			822,971
	There were no investment	assets outside the UK.
	The above investments are stated as follows:
			2022	2021
	Historic cost		660„395	682,376
	Revaluation		160,146	140,595
			820,541	822,972
	Acquisitions in the year were financed solely fi.om the sale proceeds ofinvestments.
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
	Prepayments and accrued	income	4,727	6,863
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31,3.22	31.3.21
	Accrued expenses		2,020	1,961
13.	RELATED PARTY DISCLOSURES