## ## ||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 **V**IITTlI 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|IIVT**I**7T**I**EE||||| ||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. )| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ##