## ## |From|01-.A r-2021|to|31-Mar-2022|Name|Ca t MAA JForeshew| |---|---|---|---|---|---| |Fro'm||to||Name|| |iF, r'om||to||Name|| ## ## ## ||.Statement
of Financial Activities as' at|.Statement
of Financial Activities as' at|.Statement
of Financial Activities as' at|cMara
31|2022|||| |---|---|---|---|---|---|---|---|---| |||Urirestncted/||Restricted|Endowment|Total Funds|Previous|| |||General|Purpose/|Funds|'Funds||, Period Total|| |||Desi nated Funds J|||J||iFurids|| ||I' Voluntary
Income||77,972.68|21,412.73|0,00|99,'385.41|'81,051:34|| ||Activities for Generating
Funds||277.00|0.00|0.00|277.00||| ||Investment
Income||93,70|0.00|0.00|93.70|277,20|'| ||, Income'Resources
fiom
Mharitable
Activities||0.00|0.00|0,00|0.00|0.00|| ||Other Incoming
Resources||75,00|0.00|0.00|75.00
1||| ||.Total Incomin
Resources||78,418.38|21,412.73|0.00|99,831.11|81,328.54|| ||4lnvestment
Management
Costs||0.00|0.00|.0.00|0.00||| ||Costs of Generating
Funds||0.00|0.00|0.00|0.00|0,'00|| ||Charitable
Activities||213,80|0.00|0.00|213.80|211.60|| ||Governance
Costs||2,078.12|0.00|0.00|2,078.12|732.06|| ||I Grants and Donations||3'I.OO|27,994,87|0.00|28,025.87|24,626,93|| ||Other Costs||33,708.25|' 13,673.81|0.00|47,382.06|40,738.54|| ||Total Resources Expended||36,031.17|.41,668.68|0.00|77,699.85|66,309.13|| |'|' Net Incoming/Outgoing
Resources BefoFeTransfers||42,387.21|-20,255.95|0.00|22,131.26|15,019.41|| |1||||||||| |;|Gross transfers
between
funds
i(internal
transfers)||-51,928.94|46,928.94|0.00|5,000.00|5,424.79|| ||'Net Incoming Resources|||||||| ||before Holding
Gains and||-9,541.73|26,672.99|0.00|17,131.26|20,444.20|| ||.iLosses|||||||| ||Gain6 on revaluation
of tile||0.00|||0.00|0.00|| ||chan
s fixed assets|||||||| ||.Urirealised
Gains on investnients
;Unrealised
Losses oriinvestments
Net Movementiin'Funds|'|43,869.15
0.00
34,327.42|N/A
" 26,672.99|0.00|43,869.15
61,000.41|80,'f60.92
46,388.00
54;217.12|| ||.Total funds brought
forward
from
revious
ear||668,863,35|103,736.94|0.00|694,645.40||| ||Total funds carried forward||703,190.77|130,409.93|0.00|755;645.81|54,217.12|| ||||||C|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Balance.|Sheet as'||at||31'Mar-'2022|||||||| ||||||c' . .|||||||| |tPrevious
' (2|)' cr~.'||~0r00|FIXED'ASSETS
l.iCa ital)Pro
Itan
!6feTfixed(assets r~||||||.'.0.00|i|| |||||||||||0.00!||| |(|||456,039)83|||||||499,908.98||| |||||Ilnvestments~atIMarket'
Value||||||||| |||'|'|||||||||| |456,039.83||||i"Total(FixedfAssets'||||||||499;908.98| ||||||CURRENTi SASSETS|||||||| ||||26,45|Cash||||||3.74|'|| ||||171,626.59|Current Account.
'||||||388,704.87||| ||||0,00|De|sit Account|||||||| |||.|66,952.53|Li uidi|Mn
r Notice a/c .|||||67,028.22||| ||||l0.00|Debtors||||||0.00||| |||||Stocks on Hand
.-
Tradin||Profit||||||| |238,605.57||||Total|Current Assets|||||||255,736.'83| |694,645.40||||Total|Assets|||||||755,645.81| ||||||LIABILITIES|||||||| ||||0.00|Sund|Creditors|||||0.00||| |||||VAT|Control|||||||| |||||VAT|Pa able|||||||| |||||Total|Liabilities|||||||| |~sa4,aa5.aD||||'Total|Assets Ilinus Liabilities|||||||755,645!81l| |||||UNRESTRICTED/GENERAL||PURPOSE FUND||||||| |||590,908.46||Balance as
r last Balance Sheet||||||640,459.99||| |||||Add Excess of Income||||||33,133.79||| |||||Deduct Excess of Ex
nditure||||||||| |668,863.35||590,908.46||Accumulated
Unrestricted/General|||Pur|ose Fund||640,459.99||673,593.78| |668,863.35||||Total|Unrestricted
8 Desi nated||Funds|||||673,593,78| ||||||TOTAL FUNDS|||||||| |||103,736.94||Total|Restricted Funds|||||115,185.82||| ||||0.00|Total|Endowment
Funds|||||0.00||| ||||0.00|Total|Desi nated Funds|||||i0.00||| |||590,908.46||Accumulated
Unrestricted/General|||Pur|se Funds|!|640,459.99||| |694,645.40||||Total|Funds|||||||755,645.81| |||;ExpenditureRosses
. Resouices Ex
nded|;ExpenditureRosses
. Resouices Ex
nded|;ExpenditureRosses
. Resouices Ex
nded|'Current
Period|Previous
PeriodU|||Tlncome/Gains
Incomin
Resources|Tlncome/Gains
Incomin
Resources|Tlncome/Gains
Incomin
Resources|Tlncome/Gains
Incomin
Resources|Tlncome/Gains
Incomin
Resources|Tlncome/Gains
Incomin
Resources|tCurrent
, Period,....|P/ev'ious
'Period.| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||flNVESTINENT|||||, 'V|L NT|||Y-|N||IIIIE||| |||IMANA|EMENT|OSTS|||||||||||10,261T92|595.'00| ||||||0,00|0.00|Days||Pay|Scheme|||||67,710.76|64,367T74| ||||||||MBS|||||||||| |I||||||||||||||||| |||COST|FIGENERATING||||~ATIVITIE||||V|A||||| |||' FUNDS|||0.00|0.00|GENERATIN|||||F|ND||0.00|| ||||||||G150||- Misc 150th||||Print||277.00 .|| |||HARITABLE A||TIVITIE||||||||||||| ||'|G600Welfare on Ops|||213.80|211.60||||||||||| ||||||||INVESTMENT|||||IN||ME||| ||||||||Bank||Interest||G125||||18.01|102.97| ||||||||95day Liquidity||||||||75.69|174,23| ||||||||Dividends|||for Allocation||||||| ||||||||IN||MERE||||R|ES||| ||||||||FROM|||HARITABLE||||||| ||||||||A~TIVITIE|||||||||| ||||||||FOR|||||||||0.00| ||||||||GOR|||||||||| ||||||||Cenotaph|||||||||0,00| |||G
VERNANCE COSTS||||||||||||||| |||G753 - Postage|||2,008.12|232.35||||||||||| |'||G754 - Reimbursements||||499.71||||||||||| |||G500- Bank Charges|||70.00|0,00||||||||||| |||GRANTS|AND D|NATIONS||||||||||||| |||G770 - Grant||||6,419.69||||||||||| |||Donations|Made|||0.00||||||||||| |||FOR|||31,00|0.00||||||||||| |||Cenotaph||||0,00||||||||||| |||Bianch Allocations||||0,00||||||||||| |||GOR||||||||||||||| ||~|I|||||~|~|~|RHHNR~||||~|I|||~||~ ~|~ I|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |~||~|||||||||~|||||~||||||| |' ~|~|.||~|'||||~|||||||||||||| ||~|~||~||||||||||~|||~|I ~||||| ||||||||||||'I|||||||||||| |~ ~||~||||||||||||||||||||| |||||||||||||||||||||I I ~||| |||~|~|||||||||||||||||||| |||~|~|||||||||||||||||||| ||||||||||||||~|~||||||I ~||| ||~ ~|-|I ~|||||||||||||||||||| |||||||~||~||||||||||||||| |~ ~||||||||||||||||||||||| |~;|s|||||||||||||||||||||| ||||I|||~||||||||||||||||| |||||||||||||||||~|||~|||| |||||||||||||~I||||||||||| |~|~|~
~||~||||||~[iigg~~
MKIKKIWKKH
~KBRE~K'K|e|.||~||||||R~MKIH~K~II:
~
~HE%EH~KE9||| ## ## |i|||||||||||'*||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||'Preyidus|||Income/Gains||||'Currefft||Previous|'I| |||Resources Ex
nded|.|. = .Peiiod|Pediod|. Incomin|||'Resouices||i|. ,'Period||:Peiiod|| |Ij|I|HARITABLE A TIVITIE
Trading pbichases'including
,trade expenses less write||||IN
ME'RE
.FR
'
i
HARITA
~ETIVITIE||||R E
'E|||||| |||off/mess guesti/cost
sales.||0.00|0.00|Trading||sales|less|cost price|||||| |||||||sales|||||||I0,00||| |||Opening
stock - Closing|||||||||||||| |||Stock|||0.00||||||||||| |||Add/Subtract
to Trading|||||||||||||| |||urchases as above|||||||||||||| |||Adjusted
trading purchases||to|||||||||||| |||Ibe used at SOFA cell (821)||0.00|||||||||||| |' Restricted. Funds anal sis as at|' Restricted. Funds anal sis as at||31EMar-2022||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Expenditure/Losses||Current|Previou's||Income/Gains|||!|Current||Previous| |Resouices' Ex
:~INTE TMENT|hded)|'Period|,Peiiod|Incomin
VOLUNTARY||lResouicss
IN
OME|||Period|t|.PeriodI| |MANAGEMENT. COSTS||||MBS|||||560.00||535.00| ||||0.00|Sports/AT|||||5,000.00||I0.00| |||||150th Paintings|||||||| |||||History Book|||||||0.00| |||||Dividends|for Allocation||||15,852.73||15,553,60| |||||Welfare|||||||| |||||NINA|||||||0.00| |||||Spohsorship|||||||| |||||Scottish Tartan|||||||| |',JCOST OF.GENERATING||||ACTIVITIES FOR|||||||| |.FUNDS||0,00|0,00|GENERATING||FUNDS|||0,00||:0,00| |CHARITABLE ACTIVITIES|||||||||||| |Welfare|||||||||||| |||||INVESTMENT||INCOME|||||| |||||INCONIE|RESOURCES||||||| |||||FROM'CHARITABLE|||||||| |||||ACTIVITIE|||||||| |GOVERNANCE COSTS|||||||||||| |MIS|||0,00||||||||| |150th Paintings|||0.00||||||||| |History Book|||0.00||||||||| |'GRANTS
AND DONATIONS|||||||||||| |Welfare||2,350.00|3,313.82||||||||| |R303-Sports AT/Grant||8,758.74|9,766.13||||||||| |R312-Sponsorship|||5,127,29||||||||| |R321 - Branch Allocations||2,701 24|||||||||| |R322 - Sports Tours||9,927.88|||||||||| |R324 - ASCB Grant||471.12|||||||||| |R323 - Sports Strips||3,785,89|||||||||| ## |Expe'nditure/Losses' '=
I~!ResourcersiEx
ended)U
IerrHER c srs" "
Welfare|Expe'nditure/Losses' '=
I~!ResourcersiEx
ended)U
IerrHER c srs" "
Welfare|.Cuirent
Peiiod ',,:|,0'.00
Previousi '
-JPerfod',|CTHER iNCCNiNG
I~RE ~RCE,
' "iincome/GainsHNH
~i'h
Incprntn, Resources|'
I
-,~H,
f'|' 'Current'
uPeEriod~|Previous~
.Period| |---|---|---|---|---|---|---|---| |R301 ='MBS||7,295.00|9,433.52|NMA;Guest. tickets|||OE00| |R302 - RAPTC'Reunion|||0.00||||| |R306 ENMA||6,378.81|0.00||||| |GOR|||3,510.40||||| |R314s Dividends
for|Allocation||0.00||||| |Sponsorship|||0.00,||||| |Sundries|||0.00||||| |R302 = 160th Anniversary|||14,100.00||||| |INTERNAL TRANSFERS"||||INTERNAL TRANSFERS"|||| |Welfare||||Welfare||3,525.42|2,018.88| |MBS||||MBS||7,428.52|7,595.60| |RAPTC Reunion||||RAPTC Reunion||12,333.04|5,000.00| |Sports AT/Grant||11,212.89|3,745.30|Sports AT||12,975.00|15,978.25| |NMA||||NMA||3,555.36|4,600.01| |History Book||||History Book|||| |Dividends
for Allocations||15,553.60|18,444.86|Dividends
for Allocations|||491.01| |Anniversary
Events||||Anniversary
Events||1,555.36|2,750.01| |GP.F|||34,283.72|Branch Allocations||10,221.44|9,600.02| |ASCB Grant||||Sports Tours||13,101.29|13,864.89| |||||Sports Strip||4,000.00|| |||||ASCB Grant||5,000.00|| |Total Expenditure||68,435.17|101,725.04|Total Income||95,108;16|78,487.27| |Excess of Income||26,672.99||Excess of Expenditure|||23237E77| |Grand Totals||95,108.16|101,725.04|Grand Totals||95,108.16|101,725!04| |i||E,Designated
Funds analysis as at|E,Designated
Funds analysis as at|E,Designated
Funds analysis as at|31-Mar=2022||||| |---|---|---|---|---|---|---|---|---|---| |||1Expenditure/Lrosses
Resources
iEx
nded||Cuirent
Period|iPrevfous )
,.Peiiod|Income/Gains
, Incomin
'Resources||Current'
Pediod .|Previous
, Period| |||)INVESTMENT.||||;V
LUNTARY:.|IN
ME||| |||IMANAGEMENTECOSTS|||||||'0:00| |||T OFIGENERATING||||A~TITITIE
iR|R||| |||IFUNDS|||0.00|GENERATING|FUNDS||| |||CHARITABLE|ACTIVITIES||0.00||||| |||||||INVESTMENT|INCOME||0.00| |||||||INCOME RESOURCES|||| |||||||FROM
HABITABLE|||0.00| |||||||A TIVITIES|||| ||,|GOVERNANCE|COSTS||0.00||||| |||GRANTS AND|DONATIONS||0.00||||| ||||~|||||~|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||~||~|~|||||||~|~||~|||||| |~|||~|||||||||||~||||~|||||||| ||||||||||||||I II|||4|||||||||| |||||~||~|||~||||||||||||||||| |||||||||||||||||||||||||I|~I| ||||||||||||||||||||'||||||| |||||||||||||||||||~|||~||||| |||||||||||||||||||||||||I|~ I| ||~||~||~||||||I|~I|I II|~|||~|||||I|~ I|I|~I| |||~|~||||||||I|II|~ II||~||~|||||I|II|I|II| |Endowment|Funds analysis'aa|Funds analysis'aa|at|31-Mar'-2022|||||| |---|---|---|---|---|---|---|---|---|---| ||||||||||'| |Expenditure/Losses|||Current|Previous.||Income/Gairil||Current|Previous"| |. Resources||Ex ended) m|Period,|Per'iod||Incomin
IResources||,Period|Peitod| |IINVESTMENT|||||V|L'UNTARY'IN|ME||| |~,'MANAGEMENT||COSTS|||||||| |COST OF GENERATING|||||A~CTIVITIE
FOR||||| |FUNDS||||0.00||ENERATING
FUNDS|||0.00| |CHARITABLE|ACTIVITIES|||0.00|||||| ||||||INVESTIIIIENT INCOME||||| ||||||INCOME RESOURCES||||| ||||||FROM CHARITABLE||||| ||||||ACTIVITIES||||0.00| |GOVERNANCE||COSTS|||||||| |||||0.00|||||| |GRANTS AND|DONATIONS|||0.00|||||| |||||||55955955|55955955|55955955||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |~|||~||||||~|||||~| ||||||||I|tt||||~||| ||~||~|~||I II|I|~ I|~||||~|| ||||~||~|||||||||| |||~|~|||I It|I|II||.|~||~|| ## ## ## ## ## ## ||Fixtures|Fixtures||Motor||Total|| |---|---|---|---|---|---|---|---| ||fittings|&||vehicles|||| ||equipment||||||| |Balance b/f|||||||0.00| |Purchases|||||||0.00| |Sales & W/Os|||||||0.00| |Depreciation|||||||0.00| |Balance c/f|||0,00||0.00||0.00| |5.
&Total Va|l|ue of Invest|ments|b
Cate|5||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||;Value 12| |Carrying
v'alue,
„A'dy"'ddr|(market value at
r"
't%
t
t|||beginning
r((|of,yeai
i
t||.
p|h|d)||4571635r07-| |„.L'ess disposals||at'carrying|value|(investmerits||s'old)|||||| |'-.Add/(deduct)'net,||gain/(loss)|on revaluation||(gairi/loss|||at end of|||42;273.91| |accounting
period/audit)|||||||||||| |Carrying
value||(market value) at end of'year||||||||,|499,908.98| ## ||Year End|||||GPF/|Restricted|Endowment|Total||Income| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|||value||dunng year| |||||||Value 8|Value 2|Value f|Value f||Value'2| ||,I'nvestment|properties|||||||||| |||||||0.00|0,00|0.00|0.'00||. 0.00| ||Investments|listed|on a recognised||||||||| |1|stock exchange|||||0.00|0.00|0.00|0.00||0.00| ||Investments|held|in unit trusts or other||||||||| ||. collective Investment|||schemes||0.00|0,00|0.00|0.00|.|0.00| ||Investments|in subsidiary
or connected|||||||||| ||undertakings|and|companies|||0.00|0.00|0.00|0.00||| ||Securities not listed on a recognised||||||||||| ||stock exchange|||||0.00|0.00|0.00|0.00||0.00| ||Cash held as part||of|the investment|||||||| ||portfolio|||||0.00|0.00|0.00|0.00||0.00| ||Other investments||||||||||| |||||||0.00|0.00|0.00|0.00||0.00| ||||||Total||||||| |||||||0.00|0.00||0.00||0.00| |Debtor|Date|of|Debt||Amount| |---|---|---|---|---|---| |||||Total|0.00| |Creditor|Date|of|Credit||Amount|| |---|---|---|---|---|---|---| |Nil||||||| |||||Total||0.00| ||This|year|6|Last|year|B| |---|---|---|---|---|---|---| |Total||||||| ## |Fund|Name|Fund|Bal|B/F|Incoming|Outgoing|Transfers|Gains and|Fund|Bal C/F| |---|---|---|---|---|---|---|---|---|---|---| ||||||Resources|Resources||losses||| ||||||for period|for period||||| |||||||||||0.00| |||||||||||0.00| |||||||||||0.00| |||||||||||0.00| |||||||||||0.00| |||||||||||0.00| |||||||||||0.00| ||i(Name|of|of|Restiicted', Fund,|Restiicted', Fund,|Restiicted', Fund,|Restiicted', Fund,||Pur'pose', of,fund,|| |---|---|---|---|---|---|---|---|---|---|---| ||Welfare||||||||iThe provision
of financial assistance. in support of|| ||||||||||welfare and benevole'rice.|| ||RAPTC|Association|||||annual|journal|Funds for publishing
and distributirig
the RAPTC a'nnual'|| ||(Mind, Body||||and Spirit (MBS))||||journal to enhance esprit1de-corps.|| ||Spode /||AT||Grants||||Welfare' grants to enhance esptit-de-corps, for serving|| ||||||||||Association
members
thorugh
sports and adventurous|| ||||||||||training.|| |I|National||Memorial|||Arboretum|||Funds for the biennial'remembrarice
service at the|NMA| ||||||||||to enhance the weffbeing
and esprit-de-corps
for|| ||||||||||Association
members.|| ||Sponsorship||||||||Sponsorship
money received to support
RAPTC sports|| ||||||||||teams.|| ||Dividends|||For Allocation|||||Income from Association
investments
to be used for the|| ||||||||||good and benefit of Association
members.
Allocated|| ||||||||||anull
h|| ||Garden|of||Remembrance|||||Funds and donations
to be used for the RAPTC|| ||||||||||Association
Garden of Remembrance.|| ||RAPTC|Association|||||Biennial|Reunion|Funds for the biennial
Reunion to enhance
the wellbeing|| ||||||||||and esprit-de-corps
for Association
members.|| ||Anniversary||||Events||||Funds to be used for the RAPTC Association
milestone|| ||||||||||anniversaries
for the positive benefit ofAssociation|| ||||||||||members
thereby enhancing
their wellbeing
and|| ||||||||||r enf
rein
th
rit d
or s|| ||Branch Allocations||||||||Funds allocated to the Association
Branches and|| ||||||||||Officers' and Wos & SNCOs' messess to enhance|the| ||||||||||wellbeing
of Association
members
and their dependants|| ||RAPTC|Sports Tours|||||||Funds allocaterd
to offset the cost of RAPTC sports|| ||||||||||teams conducting
overseas sports tours thereby|| ||||||||||enhancing
the wellbeing
of our serving Association|| ||RAPTC|Sports Strips|||||||Funds allocated to purchase
sports strips for RAPTC|| ||||||||||Sports teams thereby enhancing
the their wellbeing.|| ## ## |Governing
Document|Governing
Document|Governing
Document|The RAPTC Constitution|was ratified
in 2019and|is due to be reviewed|in Apr| |---|---|---|---|---|---|---| |(e.g.Trust Deed,|||2024. A set of internal|Rules supports
the Constitution
was Approved||in 2019and| |Constitution)|||is due for review
in Nov|2024.||| |Objects of the Charity|||The promotion
of efficiency for the Armed Forces||through
the provision|of 'support| ||||to enhance
the wellbeing|of service personnel
and veterans.||| |xplain|briefly how|trustees|are elected or appointed
and details of any induction||and trustee training|| |ttended.||||||| |Trustee|selection||RAPTC Association Trustees are appointed
IAW the RAPTC Constitution.|||| |method||||||| |Trustee|induction|and|Induction
training
is organised
and facilitated
through
recognised
providers as and|||| |training|||when required.|||| ## |Summarjj|Summarjj|of mafri|of mafri|of mafri|The'RAPTC Association
prov'ides, and maintains'a
woildwide'communication|| |---|---|---|---|---|---|---| |activities||in|relation. to||network
which helps faciTitate'the, pr'oyision
ofwelfare'and
benevolence
support for|| |the Charity's||||objects|all,Associatiori
members
(serving and retired) ahd their dependants'thereby|| ||||||enhancing
the esprit-de-corps
and the preservation
ofthe RAPTC traditiohs.|| ||||||Tlie Association
has continu'ed
to provide
w'elfare and b'enevolence
support for our|| ||||||serving members
and veterans.|| |Summary||of||main||| |achievements||||of the|The RAPTC Association
fully funded a very successful
biennial Service of|| ||||||Commemoration
at the RAPTC Memorial
in the grounds
of the National
Memorial|| |Charity|during the||||Arboretum
with over 160members
and dependants
attending
the event.|| |year|||||.The Association
was represented
at the Field of Remembrance
and provided|a full| ||||||marching
contingent
at the Cenotaph
Remembrance
Service and march past.|| ||||||Costs for those attending
were offset with Association
funds.|| ||||||The Association
commissioned
a silver replica of the RAPTC Memorial to|| ||||||commemorate
the 160th anniversary
ofthe Royal Army Physical Training
Corps,|| ||||||The RAPTC Association
have continued
to support the RAPTC Museum,|| ||||||Association
Branches and Corps Sports teams with annual
grants.|| |Provide a brief review of the financial
position of the charity.
This should
include the principle
types of||||||| |income.||||||| |Financial||Review|||We continue to receive voluntary
contributions
from our serving members
through|| ||||||the Days Pay Giving Scheme. The Association
Investments
are also in good|order| ||||||and performing
well, returning
quarterly
dividends
which are used for the good and|| ||||||benefit of our members,|| |The Managing||||Trustee should|give in their report a description
of the following
policies:|| |a.|||For the selection||of investments
for the charity.|| |b.|||For determining||the level of income reserves
held, stating and explaining
the level of reserves|| |held.||||||| |c.|||Where grants are made by the charity, the selection of individuals
and institutions
who are to|||| |receive||||grants out of the assets of the charity.||| |Financial||reserves|||The Association
have a 95 Day Notice Liquidity
Managei Account
in the RBS|as a| |policy|||||safeguard
against the financial
markets
taking a serious downturn.|| |Investments||||selection|The Association's
investments
are held within the BLKArmed Forces Charities|| |policy and|||||Growth
& Income A Inc Fund and is managed
by BlackRock on behalf of the|| |performance||||of those|Trustees. BlackRock provide
irlvestment
updates
and trustees
attend biannual|| |investments|||||stakeholder
meetings. The investments
have performed
very well during this|| ||||||reporting
period providing
dividend
income for the Association. The dividends|are| ||||||allocated
annually
for the positive benefit ofAssociation
members.|| ||Provide'the|name of all|name of all|trustees/the
Managing
Tirustee(s)
during
the report year.| |---|---|---|---|---| ||Managing'Trustee's|||' Brig EJ R'Chamb'erlain,
' L't Col'J'P AlHughes,
Lft&Col C;Deed;MBE, Maj DiBoocock,| |i|name/trustees'||names|Maj W Pactei, Capt C Buinett, WO1;D.Southern-:¹ylor,
Lt Col (Retd) G'Dayjes,| |||||Maj (Retd) G Chapman,
Maj (Retd) D Kerridge,
Maj'(Retd) J Larkham,
Maj (Retd) iT| |||||Parker, Maj (Retd) C Wilkinson,
Mr D.Smith.| ||Serious Incidents|||Nil| ||Public Benefit|||The fund provides
public benefit by assisting service personnel
to more'effectively| ||Statement|||perform
their roles within the Armed Forces of the Crown.
Itdoes this by; Providing| |||||and supporting
sporting
and adventurous
training
activities and Association| |||||Branches. This assistance
enables service personnel
to face challenges
and| |||||danger associated
with military service by developing
and maintaining
teamwork;| |||||skills; fitness (physically
and mentally);
confidence; character;
spirit and attitude;| |||||and morale.
As a result the fund promotes
the efficiency of the Armed Forces of| |||||the Crown by enhancing
the British Army's capability to undertake
the roles| |||||demanded
of it, including
the defence of the United
Kingdom
and its interests. This| |||||assistance also provides
su'pport to our Association
Branches for the benefit of| |||||retired personnel.| |||||(I confirm that
I have paid due regard to the Charity Commission
of England| |||||and Wales's guidance
on public benefit when deciding what activities the| |||||charity should undertake. )| ## ## ## ## ## ## ## ## ##