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2023-03-31-accounts

Unrestricted/ Restricted Endowment Total Funds Previous Previous
General Purpose/ Funds Funds Period Total
Desi nated Funds Funds
Voluntary
Income		 74,610.98 17,165.94 0.00 91,776.92 99,385.41,
Activities for Generating
Funds		 310.86 0.00 0.00 310.86 277.00
Investment
Income		 1,218.53 0.00 0,00 1,218.53 93.70
Income Resources from
Charitable
Activities		 0.00 0.00 0.00 0.00 0.00
Otherlncoming
Resources		 67.24 10,281.07 0.00 10,348.31 75,00
Total Incoming
Resources		 76,207.61 27,447.01 0.00 103,654.62 99,831.11
Investment
Management
Costs		 0.00 0.00 0.00 0.00 0.00
Costs of Generating
Funds		 0.00 0.00 0.00 0.00 0.00
Charitable
Activities		 0.00 0.00 0.00 0.00 213.80
Governance
Costs		 5,514.32 0.00 0.00 5,514.32 2,078.12
Grants and Donations 0.00 34,385.19 0.00 34,385.19 28,025,87
Other Costs 14,803.04 38,769.84 0.00 53,572,88 47,382.06
Total Resources Expended 20,317.36 73,155.03 0.00 93,472.39 77,699.85 .
Net Incoming/Outgoing
Resources Before Transfers		 55,890.25 -45,708.02 0.00 10,182.23 22,131.26
Gross.transfers
between
funds
(internal
transfers)		 -40,319.75 40,319.75 0.00 0.00 -5,000.00
Net Incoming Resources
before Holding
Gains and		 15,570.50 -5,388.27 0.00 10,182.23 17,131.26
Losses
Gains on revaluation
of the
chari
's fixed assets		 .0.00 N/A 0.00 0.00
Unrealised
Gains on investments
Unrealised
Losses on Investments		 0.00
69,725.04		 NIA NIA -69,725,04 43,869.15
0.00
Net Movement
in Funds		 -54,154.54 -5,388.27 0.00 -59,542.81 61,000.41
Total funds brought
forward
from
revious
ear		 674,787.41 115,185.82 0.00 755,645.81 694,645.40
(
Total funds carried forward 620,632.87 109,797.55 0.00 696,103.00 755,645.81
Previous Previous FIXEDASSETS FIXEDASSETS FIXEDASSETS FIXEDASSETS Current
(2 ) 0.00 Ca ital Pro
tan
ible fixed		 assets 0.00 (2 )
0.00 Herita eAssets 0.00
499,908.98 Investments 430,183.94
Investments
at Market Value
499,908.98 Total Fixed Assets 430,183,94
CURRENTS ASSETS
3.74 Cash 127.25
188,704.87 Current Account 165,788.85
0.00 De
sitAccount
Treasu
Reserve Account		 100,000.00
67,028.22 35 Da
Notice Li uidi
Account		 2.96
Stocks on Hand
-
Tradin		 Profit
255,736.83 Total Current Assets 265,919.06
755,645.81 Total Assets 696,103,00
LIABILITIES
0.00 Sund
Creditors		 0.00
VAT Control
VAT Pa able
0.00 Total Liabilities 0.00
755,645.81 Total Assets Minus Liabilities 696,103.00
UNRESTRICTED/GENERAL PURPOSE FUND
640,459.99 Balance as
r last Balance Sheet		 596,585.59
Add Excess of Income
Deduct Excess of Ex
nditure
674,787,41 640,459.99 Accumulated
Unrestricted/General		 Pur ose Fund 596,585,59 577,076.15
674,787.41 Total Unrestricted
6 Desi nated		 Funds 577,076.15
TOTALFUNDS
115,185.82 Total Restdcted
Funds		 99,517.41
0,00 Total Endowment
Funds		 0.00
0.00 Total Desi nated Funds 0.00
640,459.99 Accumulated
Unrestricted/General		 Pur se Funds 596,585,59
755,645,81 Total Funds 696,103.00

Expenditure/Losses Expenditure/Losses Expenditure/Losses Current Previous Income/Gains Income/Gains Income/Gains Income/Gains Income/Gains Current Previous
Resources Ex ended Period Period Incomin Resources Period Period
~INVE TRENT. V
LUNTARY		 IN ME
MANA EMENT T G001 -'Donations Rcvd 5,251.56 10,261.92
0.00 G003 - Days Pay Scheme 69,354.42 67,710.76
MBS 5.00
T F
ENERATIN		 ~ATIVITIE F R
FUNDS 0.00 0.00 ENERATIN F NDS 0.00 0.00
G150 - Misc 310.86 277.00
CHARITABLE ACTIVITIES
G600 Welfare on Ops 0.00 213.80
INVE TMENT IN ME
Bank Interest G125 807.92 18.01
B301 35 day Liquidity 410.61 75.69
Dividends for Allocation
IN
OME RESO		 ACES
FR M HARITABLE
A~AEVI
I VIITTlI EE
FOR 0.00
GOR
Cenotaph 0.00
GOVERNANCE COSTS
G753- Postage 2,530.32 2,008:12
G754 - Reimbursements 2,949.00 0.00
G500 - Bank Charges 35.00 70.00
GRANT AND D NATIONS
G770 ~ Grant 0.00
Donations Made 0.00
FOR 0.00 31.00
Cenotaph 0.00
Branch Allocations 0.00
GOR

,General Purpose Fun ,General Purpose Fun ,General Purpose Fun d/Unrestr icted
Funds a		 nalysis conti nued as at as at as at 31-Mar-2023
Expenditure/Losses Current Previous . Income/Gains Current Previous
Resources Ex ended Period Period Incomin Resources Period Period'
~THER
~ST		 eTTNER IN MING
G801 - Sundries 8,228.56 6,785.25 ~RE I~RE
G802 -Engraving &Framing 545.70 1,200.00 TFR from Investment 0.00 0.00
Unrealised
loss of		 Investments 0.00 Grant from Association
Transport Costs G801 Sundries 0.00
G776- MSSWebsite 0.00 Scottish Tartan Loan 0.00
G773 - Cenotaph 880.00 690.00 G150 - Misc 39.22
G772 - Field Of Rememberanc 226.60 315.10
Cash to Bank 0.00 Bank to Cash 28.02 75,00
G775 - Website 11.39 299.10
G771 - Donations made 4,509.35 9,649.69
G774- Branch Allocations 14,694.11
Bank to Cash 75.00
OA)0
G750 - Advertising 300.00
G803 ~ GOR 101A4
INTERNALTRAN FER ' INTERNALTRANSFER "
Transfers
Out		 0.00 46,928.94 Transfers
In
175th Anniversary
200th Anniversary
Biennial Reunions 15,288.24
Biennial
NMA
Sports A/T 0.00 5,000.00
- Branch Grants
B650 - Bank 100,000.00
B302 - Treasury Res 8302 - Treasury Res 100,000.00
GPF 40,319.75 B650 - Bank 67,435.87
B301 - 35 Day A/C 67,435.87 G900- GPF 15,288.24
UNREALISED LO S N GAIN NREM/AL ATI N
~INVE
TMENT		 QFFFIXED EE ETS 0,00 0.00
G807 69,725.04 0.00
NREALISED GAIN N
~INVE TMENT
G460 0.00 43,869,15
Total Expenditure 20,317.36 87,960.11 Total Income 807.92 122,287.53
Excess of Income 34,327.42 Excess oi Ex enditure 19,509.44
Grand Totals 20,317.36 122,287.53 Grand Totals 20,317.36 122,287.53

Unrestricted
Trading Acco		 unt analysis as at 31-M ar-2023 ar-2023
Expenditure/Losses Current Previous Income/Gains Current Previous
Resources Ex ended Period Period Incomin 'Resources Period Period
HARITABLE ACTIVITIE IN MERE R E
Trading purchases
including
trade expenses'less
write		 ~A ATE IIVTI7TIEE
off/mess
guests/cost
sales.		 0.00 0.00 Trading sales less cost price
sales 0,00 0,00
Opening stock - Closing
Stock 0.00 0.00
Add/Subtract
to Trading
urcliases as above 0.00 0.00
' Adjusted
trading purchases		 to
be used at SOFA cell (821) 0.00 0.00
Restricted Restricted Funds anal Funds anal sis as at 31-Mar-2023
Expenditure/Losses Current Previous Income/Gains Current Previous
Resources Ex ended Period Period Incomin Resources Period . Period
~INVE
TRENT
MANA
EMENT		 OST R301 - MBS 455.00 560.00
0.00 0.00 R303 Sports/AT 10.00 5,000.00
150th Paintings
History Book 0.00
R314- Dividends for Allocation 16,450.94 15,852.73
Welfare 250.00
NMA 0.00
Sponsorship
Scottish Tartan
STOF ENERATING A~TIVITIE V R
FUND 0.00 0.00 ENERATIN F NDS 0.00
CHARITABLE A TIVITIE
Welfare
INVE TMENT IN ME
0.00
INCOME RE RCE
FR
M		 HARITABLE
A~TIVIREE
OVERNANCE COST
MBS 0.00
150th Paintings 0.00
History Book 0.00
RANTS AND D NATI NS
R300 - Welfare 2,000.00 2,350.00
R303 - Sports AT/Grant 12,329.55 8,758.74
R312 - Sponsorship 0.00
R321 - Branch Allocations 11,292.26 2,701.24
R322 - Sports Tours 4,095.66 9,927.88
R324 - ASCB Grant 471.12
R323 - S orts Stri s 4,667.72 3,785.89

Expenditure/Losses Expenditure/Losses Current ' Previous Income/Gains Income/Gains Current Previous
Resources Ex nded Period Pe'riod Incomin
Resources		 Period Period
~THER'
Q~T		 THER IN
MING
R300 - Welfare 2,493.80 0.00 ~RE QQRRE!j
R301 - MBS 8,021.00 7,295.00 NMA Guest tickets 0.00
R302- RAPTC Reunion 21,625.81 0,00 R302- RAPTC Reunion 8,707.45
i R306- NMA 6,378,81 R323 - Sports Strip 1,245.60
0.00 R322 - Sports Tours 328.02
0.00
Sponsorship 0.00
Sundries 0.00
R302 - 160th Anniversary 0.00
R320- GOR 6,629.23
INTERNAL TRANSFERS' INTERNALTRAN FERS"
Welfare Welfare 2,350.00 3,525.42
MBS MBS 7,265.00 7,428.52
RAPTC Reunion 15,288.24 RAPTC Reunion 11,158.59 12,333,04
Sports AT/Grant 11,212,89 Sports AT 7,546.16 12,975,00
NMA R306 - NMA 2,585.27 3,555.36
History Book History Book
Dividends
for Allocations		 15,852.74 15,553.60 Dividends
for Allocations		 0.00
Anniversary
Events		 Anniversary
Events		 3,170.55 1,555.36
GPF 5,000.00 0.00 Branch Allocations 11,292.26 10,221.44
'
'
R310-ASCBGrant'
R322- Sports Tours		 1,000,00 R322 - Sports Tours
R323 - Sports Strip		 7,804.66
4,000.00		 13,101.29
4,000.00
ASCB Grant 5,000,00 5,000,00
G900. - GPF 15,288.24
Total Expenditure 110,296.01 68,435.17 Total Income 104,907,74 95,108,16
Excess of Income 26,672.99 Excess of Ex enditure 5,388,27
Grand Totals 110,296,01 95,108.16 Grand Totals 110,296.01 95,108,16
ExQenditure/Losses
Resources Ex ended		 ExQenditure/Losses
Resources Ex ended		 Current
Period		 Previous
Period		 Income/Gains
Incomin
Resources		 Income/Gains
Incomin
Resources		 Current
.
Period:		 Current
.
Period:		 Previous
Period
INVESTMENT VOLUNTARY INCOME
MANAGEMENT COSTS 0.00 0.00
COST OF GENERATIN ACTIVITIES FOR
FUNDS 0,00 GENERATING FUNDS 0.00
CHARITABLE ACTIVITIES 0,00
INVESTMENT INCOME ,0.00
INCOME RESOURCES
FROM CHARITABLE 0.00
ACTIVITIES
GOVERNANCE COSTS 0.00
GRANTS AND DONATIONS 0.00
Expenditure/Losses Current Previous Income/Gains Current Previous
Resources Ex ended) Period Period Incomin
Resources		 Period Period
OTHER COSTS OTHER INCOMIN
0.00 RESOURCES 0.00
INTERNALTRANSFERS' INTERNALTRANSFERS"
UNREALISED LOSS ON GAIN ON REVALUATION
INVESTMENTS OF FIXEDASSETS 0.00
UNREALISED GAIN ON
INVESTMENTS 0.00
Total Expenditure 0.00 0.00 Total Income 0.00 0.00
Excess of Income Excess of Ex enditure
Grand Totals 0.00 0.00 Grand Totals 0.00 0.00
Endowment
Funds analysis		 Endowment
Funds analysis		 as at 31-Mar-2023
Expenditure/Losses Current Previous Income/Gains Current Previous
Resources Ex ended Period Period Incomin Resources Period Period
INVESTMENT VOL
NTARY		 INCOME
MANAGEMENT COSTS 0.00 0.00
COST OF GENERATING ACTIVITIES FOR
FUNDS 0.00 GENERATING FUNDS 0.00
CHARITABLE ACTIVITIES 0.00
INVESTMENT INCOME 0.00
INCOME RESOURCES
FROM CHARITABLE
ACTIVITIES 0.00
GOVERNANCE COSTS
0.00
GRANTS AND DONATIONS 0.00

Grants to institutions
Name of institutions Purpose Total number of Total a'mount of
grants given grants paid
Total grants to institutions
Grants to individuals
Purpose Total number of Total amount of
grants given grants paid
Total 0.00

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

Value 2
Carrying
value		 (market value at'beginning
of		 year 499,908.98
Add additions to investments at cost (investments purchased)
Less disposals at,carrying
value (investments		 sold)
Add/(deduct)
net gain/(loss)		 on revaluation
(gain/loss		 at end of -69,725.Ok
accounting
period/audit)
Carrying
value		 (market value) at end of year 430,183.94,

Year End GPF/ Restricted Endowment Total Income
Unrestricted value during year
Valu'e 2 Value 2 Value 2 Value 2 Value 2
Investment properties
0,00 0.00 O.QO
Investments listed on a recognised
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 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
Total
0.00 0.00 0.00 0.00 0.00

Costs of generating funds
Charitable activities
Other

Furid Name Fund Bal 8/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
~Name of of Restricted Restricted Fund Purpose of fund
Welfare The provision
offinancial assistance'in
support
of
welfare and benevolence.
RAPTC Association annual journal Funds for publishing
and distributing
the RAPTC annual
(Mind, Body and Spirit (MBS)) journal to enhance esprit-de-corps.
Sports / AT Grants Welfare grants to enhance esprit-de-corps
for serving
Association
members
through
sports and adventurous
training.
National Memorial Arboretum- Funds for the biennial remembrance
service at the		 NMA
to enhance the wellbeing
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
annually
by the trustees.
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 of Association
members
thereby enhancing
their wellbeing, and
reenforcing
the esprit de Corps,
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 The RAPTC Constitution was ratified
in 2019and is due to be reviewed		 in Apr
(e.g. Trust Deed, 2024. Aset of Internal Rules supports
the Constitution
and was also approved		 in
Constitution) 2019and 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.
Trustee selection RAPTC Association Association Trustees are appointed IAW the RAPTC Constitution. RAPTC Constitution.
method
Trustee induction and Induction training is organised and facilitated through recognised providers as and
training when
required.

a brief su
'objects.		 a brief su
'objects.		 mmar y
of th		 e ma in activities and achievements
of the charity during the year in relation to its
Summar'y of main The RAPTC Association
provides
and maintains
a worldwide
communication
activities in relation to network
which helps facilitate the provision
of welfare and benevolence
support		 for
the Charity's objects all Association
members
(serving and retired) and their dependants,
thereby
enhancing
the esprit-de-corps
and the preservation
of the RAPTC's traditions.
The Association
has continued
to provide welfare and benevolence
support
for our
serving
members
and veterans.
Our Biennial
Reunion was scheduled
to take place over the weekend 9-10Sep 22,
Summary of main it was forecast to be a significant success.
Unfortunately,
24-hrs before it was due
achievements of the to take place, HM Queen Elizabeth
II sadly passed away on 8Sep 22 and, out of
Charity in the year respect, the difficult decision was made to cancel our event.
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
has completed a full refurbishment
of our Garden of
Remembrance
in the gounds
of Fox Lines.
The Association
continues
to fund the production
of the Corps Journal and this year
supplemented
the hard-copy
with a digital version.
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. We also receive a small number
of donations.
Our
investments,
like many others, have not performed
well in the current economical
climate and with the war in Ukraine.
However,
we continue to receive quarterly
dividends
which are used for the good and benefit of our members.
he M anagin g
Trustee should
give in their report a description
of the following policies:		 g
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 We have zeroed our 95 Day Notice Liquidity Account and deposited 2100,000.00 in
policy a RBSTreasury Reserve Account to take advantage
of high interest		 rates.
This
deposit provides a safeguard
against financial
markets
performing
poorly.
Investments selection The Association's
investments
are held within the Armed Forces Charities
Growth		 &
policy and performance Income Fund and are managed
by BlackRock on behalf ofthe Trustees. BlackRock
of those investments provide investment
updates
and trustees
attend regular stakeholder		 meetings.
As		 a
whole, investments
have not performed
well over the last 12-months,		 but we are
still in a position where we hold significantly
more than we initially invested.
We
continue to receive quarterly
dividends
which are allocated
annually		 for the positive
benefit of Association
members.
Provide the name of all name of all trustees/the
Managing
Trustee(s)
during the report year.
Managing Trustee's Bdg EJ R Chamberlain,
Lt Col J P A Hughes,
Lt Col C Deed MBE, Maj'R Bailey,
name/trustees' names Maj R Windard,
Capt C Burnett, WO1 D Southern-Naylor,
Col (Retd)
I Horn MBE,
Lt Col (Retd) G Davies, Maj (Retd) G Chapman,
Maj (Retd) D Kerridge,
Maj (Retd)
J Larkham,
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
serving personnel
with sporting
and adventurous
training
activities
and grants to Association
Branches to support
our veterans. 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
support 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. )