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





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||||for t|he Year Ended 31stMarch|2023||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
||||||Unrestricted|'1'otal|
||||||fund|funds|
|||||Notes|||
|INCOME|AND ENDOWMENTS||FROM||||
|Donations|and legacies||||18,910|24,654|
|Investment|income||||19,755|19,202|
|Total|||||38,665|43,856|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|1o increase|the efficiency ofthe regiment||||17,500|24,498|
|Other|||||13,251|17,770|
|Total|||||30,751|42,268|
|Net gains/(losses)<br>on investments|||||(69,257)|29,638|
|NET INCOME/(EXPENDITURE)|||||(61,343)|31,226|
|RECONCILIATION||OF FUNDS|||||
|Total funds|brought<br>forward||||909,034|877,808|
|TOTAL FUNDS CARRIED FORWARD|||||847,691|909,034|





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||||31.3.23|31.3.22|
|---|---|---|---|---|
||||Unrestricted|1otal|
||||fund|funds|
|||Notes|||
|FIXED|ASSETS||||
|Tangible|assets||3,500|3,500|
|Investments|||796,904|820,541|
||||800,404|824,041|
|CURRENT ASSETS|||||
|Debtors||10|4,291|4,727|
|Cash at|bank||45,434|82„286|
||||49,725|87,013|
|CREDITORS|||||
|Amounts|falling due within one year||(2,438)|(2,020)|
|NET CURRENT ASSETS|||47,287|84,993|
|TOTAL|ASSETSLESSCURRENT||||
|LIABILITIES|||847,691|909,034|
|NET ASSETS|||847,691|909,034|
|FUNDS|||||
|Unrestricted<br>funds|||847,691|909,034|
|TOTAL|FUNDS||847,691|909,034|





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|DONATIONS||AND|LEGACIES|||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|Subscriptions|-|serving|officers|12,783|12,301|
|Subscriptions|-|retired|officers|6,127|12,353|
|||||18,910|24,654|





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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|3.|INVESTMENT INCOME|||||||||
|||||||||31.3.23|31.3.22|
||||||||||f,|
||Income from listed investments|||||||19,755|19,202|
|4.|GRANTS PAYABLE|||||||||
|||||||||31.3.23|31.3.22|
||To increase|the efficiency ofthe regiment||||||17,500|24,498|
||The total grants paid to||institutions||during|the year was as follows:||||
|||||||||31.3.23|31.3.22|
||The Serving|Regiment||||||10,225|21,550|
||Regimental|Association||||||6,650|2,323|
||King Edward VII's Hospital|||(Sister|Agnes)|||25|25|
||I-ICav/RAC|Corps Mess Fund||||||600|600|
|||||||||17,500|24,498|
|5.|SUPPORT|COSTS||||||||
|||||||||Governance||
||||||||Management|costs|Totals|
||||||||||f,|
||Other resources expended||||||12,831|420|13,251|
||Suppott costs, included||in the above, are as follows:|||||||
||Management|||||||||
|||||||||31.3.23|31.3.22|
|||||||||Other||
|||||||||resources|Total|
|||||||||expended|activities|
||Wages|||||||4,375|4,589|
||Insurance||||||||4,264|
||Trustees' meeting expenses|||||||448|1,016|
||Sundries|||||||944|295|
||Colonel ofThe Regiment|||||||750|525|
||Investec management<br>charges|||||||6,314|6,601|
|||||||||12,831|17,290|





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|3].3.23|31.3.22|
|---|---|
|Other||
|resources|Total|
|expended|activities|
|420|480|



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|The average|monthly<br>number ofem|ployees<br>during the year was as follow|s:||
|---|---|---|---|---|
||||31,3.23|31,3.22|
|Management|and support||1|1|
|No employees|received emoluments|in excess of160,000.|||
|TANGIBLE|FIXEDASSETS||||
|||||Fixtures|
|||||and|
|||||ftttings|
|COST|||||
|At 1stApril 2022 and 31stMarch 2023||||3,500|
|NET BOOK|VALUE||||
|At 31stMarch|2023|||3,500|
|At 31st March|2022|||3,500|



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|||||||Listed|
|---|---|---|---|---|---|---|
|||||||investments|
||MARKET VALUE||||||
||At 1stApril 2022|||||820,541|
||Purchases|||||242,551|
||Disposals|||||(196,931)|
||Revaluations|||||(69,257)|
||At 31st March 2023|||||796,904|
||NET BOOK VALUE||||||
||At 31st March 2023|||||796,904|
||At 31stMarch 2022|||||820,541|
||There were no investment||assets outside|the UK.|||
||The above investments|are stated as follows:|||||
||||||2023|2022|
||Historic cost||||722,266|660,395|
||Revaluation||||74,638|160,146|
||||||796,904|820,541|
||Acquisitions<br>in the year|were financed solely from the sale proceeds ofinvestments.|||||
|10.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||31.3.23|31.3.22|
||Prepayments<br>and accrued||income||4,291|4,727|
|11.|CREDITORS: AMOUNTS FALLING|||DUE WITHIN ONE YEAR|||
||||||31.3.23|31.3.22|
||Accrued expenses||||2,438|2,020|
|12.|RELATED PARTY DISCLOSURES||||||
||There were no related patty transactions|||for the year ended 31st March 2023.|||





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