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|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|5|
|Indepeadent
Examiner's||Report||||
|Statement ofFinancial|Activities|||||
|Balance Sheet||||||
|Notes to the Financial|Statements||9|to|20|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|General|Restricted|Total|Total|
|||||funds|fund|fund|funds|funds|
||||Notes|f|f,||||
|INCOME AND ENDOWMENTS|||||||||
|FROM|||||||||
|Donations
and legacies|||3|34,500|85,381||119,881|144,762|
|Other trading activities
Investment
income|||4
5|22
~10886|18,482|781|22
30,149|12,800
38,863|
|Total||||45,408|103,863|781|150,052|196,425|
|EXPENDITURE|ON||||||||
|Raising funds||||2,159|5,135|161|7,455|16,958|
|Charitable
activities|||||||||
|General||||13,545|103,863|811|118,219|140,104|
|Total||||15,704|108,998|972|125,674|157,062|
|Net gains/(losses)|on investments|||~61 465|147,541|4,636|213,642|118488|
|NET|||||||||
|INCOME/(EXPENDITURE)||||91,169|142,406|4,445|238,020|(79,125)|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||forward||697,912|614,141|27,625|1,339,678|1,418,803|
|TOTAL FUNDS|CARRIED||||||||
|FORWARD||||~789 081|756,547|32,070|~1577698|1,339678|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|General|Restricted|Total|Total|
|||||funds|fund|fund|funds|funds|
|||Notes||f,|||||
|FIXEDASSETS|||||||||
|Investments||12||521,302|754,698|30,327|1,306,327|1,044,538|
|CURRENT|ASSETS||||||||
|Stocks||13|||227||227|227|
|Debtors||14||2,614|14,510|8|17,132|41,869|
|Investments||15||57,459|30,702|2,159|90,320|181,019|
|Cash at bank|and in hand|16||207,706|20,100|387|228,193|136,127|
|||||267,779|65,539|2,554|335,872|359,242|
|CREDITORS|||||||||
|Amounts
falling due within one|||||||||
|year||17|||(63,690)|(811)|(64,501)|(64,102)|
|NET CURRENT ASSETS||||267,779|1,849|1,743|271,371|295,140|
|TOTAL ASSETSLESS|||||||||
|CURRENT|LIABILITIES|||789,081|756,547|32,070|1,577,698|1,339,678|
|NET ASSETS||||789,081|756,547|32,070|1,577,698|1,339,678|
|FUNDS||18|||||||
|Unrestricted|funds||||||1,545,628|1,312,053|
|Restricted funds|||||||32,070|27,625|
|TOTAL FUNDS|||||||1,577,698|1,339,678|
|The financial|statements|were approved|by the Board ofTrustees||and authorised|for issue on ............5... ../L ..Zj.......and were|||
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||2021|2020|
|Donations|376|633|
|Grants receivable|34,500|59,107|
|Officer and soldier payscheme|85,005|~85 022|
||119S81|144,762|
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||Grants receivable|2021|2020|
|---|---|---|---|
||Picture Fund Grant|2,000|2,000|
||Officers' Dinner Fund Grant|2,500|3,000|
||RTR Events Fund Grant|13,000|17,000|
||Cambrai
Fund Grant|17,000|25,000|
||RTR Benevolent
Fund 3i contribution||12,107|
|||34.500|29 000|
||Officers and soldiers pay scheme|2021|2020|
||Officers'
I '/2 days pay scheme|35,384|37,414|
||SNCOs'
I YQ days pay scheme|20,885|19,340|
||Soldiers'
I days pay scheme|28 736|28,268|
|||85 005|86,668|
|4.|OTHER TRADING ACTIVITIES|||
|||2021|2020|
||Functions
income|22|12,800|
|5.|INVKSTMKNT INCOME|||
|||2021|2020|
||Investment
income|29,422|36,554|
||Deposit account interest|727|1,206|
||Other portfolio
interest||1,103|
|||30,149|38,863|
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|Other trading
activities|Other trading
activities||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f.||
|Opening
stock|||||227|227|
|Event Expenditure|||||20|9,908|
|Closing stock|||||~227)|~227)|
||||||20|9,908|
|Investment
management||costs|||||
||||||2021|2020|
|Support costs|||||7,435|7,050|
|Aggregate
amounts|||||7,455|16,958|
|GRANTS PAYABLE|||||||
||||||2021|2020|
||||||f,||
|General|||||86,840|81,424|
|The total grants paid to institutions|||during the year was as follows:||||
||||||2021|2020|
|ABFThe Soldiers'|Charity||||500|500|
|RTR Benevolent
Fund|||||1,000|1,000|
|RTR Museum|||||3,000|3,000|
|lronsides Golf|||||500|500|
|Regimental
Upkeep/Mess|||||15,832|15,916|
|H Cav/RAC
Central|Fund||||600|600|
|Sporting Excellence|||||8,348|5,811|
|Grant to Regiment|||||33,392|23,245|
|Excellence &Regiment||additional|18/19grants not included|in creditor b/f||7,308|
||||||63,172|~57 880|
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||||Management|Other|Totals|
|---|---|---|---|---|---|
|Investment|management|costs||7,435|7,435|
|General|||~17 481||17,481|
||||17,481|7,435|24,916|
|Support costs,|included
in the above, a|re as follows:||||
|---|---|---|---|---|---|
|||||2021|2020|
|||Investment||||
|||management||Total|Total|
|||costs|General|activities|activities|
|||8||||
|Wages|||4,085|4,085|3,599|
|Pensions|||252|252|245|
|Administration|costs||9,405|9,405|20,537|
|Contingency|fund||3,739|3,739|5,048|
|Portfolio fees||7,435||7,435|7,050|
|||7,435|17,481|24,916|36,479|
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|STAFFCOSTS|||||
|---|---|---|---|---|
||||2021|2020|
|Wages and salaries|||4,085|3,599|
|Other pension costs|||252|245|
||||4,337|3,844|
|Wages and salaries above include other staff bonuses off378 in the year.|||||
|The average monthly|number ofemployees|during the year was as follows:|||
||||2021|2020|
|Staff|||I|I|
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|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|||
|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES||||||
|||Unrestricted|General|Restricted|Total|
|||funds|fund|fund|funds|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations
and legacies||59,107|85,655||144,762|
|Other trading activities
Investment
income||13,892|12,800
23,977|994|12,800
~38 863|
|Total||72,999|122,432|994|196,425|
|EXPENDITURE ON||||||
|Raising funds||11,518|5,287|153|16,958|
|Charitable
activities||||||
|General||10,574|128,560|970|140,104|
|Total||22,092|133,847|1,123|157,062|
|Net gains/(losses)
on investments||~34,089)|~81,828)|~2,571)|~118,488)|
|NKT INCOME/(EXPENDITURE)||16,818|(93,243)|(2,700)|(79,125)|
|Transfers
between
funds||2,453||||
|Net movement
in funds||19,271|(95,696)|(2,700)|(79,125)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||678,642|709,836|30,325|1,418,803|
|TOTAL FUNDS CARRIED FORWARD||697,913|614,140|27,625|1,339,678|
||for the Year Ended 31March|2021|
|---|---|---|
|12.|FIXED ASSET INVKSTMKNTS||
|||Listed|
|||invesnuents|
|||f.|
||MARKET VALUE||
||At I April 2020|1,044,538|
||Additions|375,717|
||Disposals|(283,899)|
||Revaluations|169,971|
||At 31 March 2021|~1306,327|
||NET BOOK VALUE||
||At 31 March 2021|~1,306327|
||At 31 March 2020|~1,044 538|
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|STOCKS||||
|---|---|---|---|
|||2021|2020|
|Stocks||227|227|
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONK YEAR|||
|||2021|2020|
|Other debtors||15,243|38,672|
|Staff loans||1,500|1,500|
|Prepayments|61accrued income|389|1,697|
|||17,132|41,869|
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|CURRENT A|SSETINVESTMENTS|||
|---|---|---|---|
|||2021|2020|
|35 day liquidity|account share|30,702|30,603|
|Special funds -|35 day liquidity|59,618|150,416|
|||90320|883.089|
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|CASH AT|BANK AND IN HAND|||||
|---|---|---|---|---|---|
||||General|Computer|RTR Events|
||||fund|reserve|fund|
|Cash in hand|||350|||
|Bank current account|||13,242|||
|Special funds - current|||||986|
|Investment|cash on deposit account||3,546||70,068|
|Investment|income account||2,962||75|
|Computer|bank cunent account|||||
|Total|||~20 100||71,129|
|||Picture|Cambrai|Officers'|Tom Welch|
|||fund|fund|Dinner Fund|fund|
||||8|8|f|
|Special funds - current||50|457|500|4,262|
|Investment|cash on deposit account|159|50,030||2,524|
|Investment|income account|167|32||3 029|
|Total||376|~50 519|500|9,815|
|||||2021|2020|
||||Rupert|||
||||Brookshaw|||
||||Sporting|Total|Total|
|||3i fund|Fund|funds|funds|
|||f,||||
|Cash in hand||||350|350|
|Bank current account||||13,242|5,771|
|Special funds - current||3,362|51|9,668|59,407|
|Investment|cash on deposit account|72,000|164|198,491|62,664|
|Investment|income account||172|6,437|7,930|
|Contputer|bank current account|||5|5|
|Total||75,362|387|228,193|136,127|
##
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|CRED|ITORS: AMOUNTS FALLING DUE WITHI|N ONE YEAR||
|---|---|---|---|
|||2021|2020|
|Grants|payable|60,883|60,542|
|Other|creditors|3,618|3,560|
|||64,501|~64 102|
##
|MOVEMENT IN|FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At. 1.4.20|in funds|31.3.21|
|Unrestricted
funds|||||
|General fund||614,141|142,406|756,547|
|Computer
reserve||253|1|254|
|RTR Events fund||68,764|15,065|83,829|
|Picture fund||34,936|7,132|42,068|
|Cambrai
fund||63,064|18,104|81,168|
|Officers' Dinner Fund||12,511|2,538|15,049|
|Tom Welch fund
3i fund||442,983
~75 401|48,095
234|491,078
75,635|
|||1,312,053|233,575|1,545,628|
|Restricted
funds|||||
|Rupert Brookshaw|Sporting Fund|27,625|4,445|32,070|
|TOTAL FUNDS||1,339,678|238,020|1,577,698|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General
fund||103,863|(108,998)|147,541|142,406|
|Computer
reserve||1|||1|
|RTR Events fund||13,437|(274)|1,902|15,065|
|Picture fund||2,782|(157)|4,507|7,132|
|Cambrai
fund||17,320|(28)|812|18,104|
|Officers' Dinner Fund||2,538|||2,538|
|Tom Welch fund||9,096|(15,245)|54,244|48,095|
|3i fund||234|||234|
|||149,271|(124,702)|209,006|233,575|
|Restricted
funds||||||
|Rupert Brookshaw|Sporting Fund|781|(972)|4,636|4,445|
|TOTAL FUNDS||~150 052|~125,674)|~213 642|~238 020|
##
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|Comparatives
for|movement|in funds|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.19|in funds|funds|31.3.20|
|Unrestricted
funds|||||||
|General
fund|||709,836|(93,242)|(2,453)|614,141|
|Computer
reserve|||251|2||253|
|RTR Events fund|||18,041|11,450|39,273|68,764|
|Picture fund|||34,995|344|(403)|34,936|
|Cambrai
fund|||38,183|24,899|(18)|63,064|
|Standards
Parade fund|||43,644|(4,371)|(39,273)||
|Officers' Dinner Fund|||12,032|479||12,511|
|Tom Welch fund|||471,288|(28,305)||442,983|
|5RTR
3i fund|||60,208|102
~12 217|(60,310)
63,184|75 401|
||||1,388,478|(76,425)||1,312,053|
|Restricted
funds|||||||
|Rupert Brookshaw|Sporting|Fund|30,325|(2,700)||27,625|
|TOTAL FUNDS|||~1418,803|~79 125)||I 339,678|
|Comparative
net movement||in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||f.||||
|Unrestricted
funds|||||||
|General fund|||122,432|(133,846)|(81,828)|(93,242)|
|Computer
reserve|||2|||2|
|RTR Events fund|||17,533|(6,083)||11,450|
|Picture fund|||2,993|(149)|(2,500)|344|
|Cambrai
fund|||25,376|(27)|(450)|24,899|
|Standards
Parade fund|||154|(3,470)|(1,055)|(4,371)|
|Officers' Dinner Fund|||3,079|(2,600)||479|
|Tom Welch fund|||11,543|(9,764)|(30,084)|(28,305)|
|5RTR|||102|||102|
|3i fund|||12,217|||12,217|
||||195,431|(155,939)|(115,917)|(76,425)|
|Restricted
funds|||||||
|Rupert Brookshaw|Sporting|Fund|994|(1,123)|(2,571)|(2,700)|
|TOTAL FUNDS|||~196 425|~157062)|~118488)|~79,125)|
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||||||Net|Transfers|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||movement||between||At|
||||At 1.4.19||in funds||funds|31.3.21|
||||f||||6||
|Unrestricted
funds|||||||||
|General
fund|||709,836||49,164||(2,453)|756,547|
|Computer
reserve|||251||3|||254|
|RTR Events fund|||18,041||26,515||39,273|83,829|
|Picture fund|||34,995||7,476||(403)|42,068|
|Cambrai
fund|||38,183||43,003||(18)|81,168|
|Standards
Parade fund|||43,644||(4,371)||(39,273)||
|Officers' Dinner Fund|||12,032||3,017|||15,049|
|Tom Welch fund|||471,288||19,790|||491,078|
|5RTR
3i fund|||60,208||102
12451|(60,310)
~63 184||~75635|
||||1,388,478||157,150|||1,545,628|
|Restricted
funds|||||||||
|Rupett Brookshaw|Sporting Fund||30,325||1,745|||32,070|
|TOTAL FUNDS|||I 418803||158895|||I 577698|
|A current year 12 months||and prior year 12months|combined
net movement||in funds,|included|in the above|are as follows|
||||Incoming|Resources||Gains and||Movement|
||||resources||expended||losses|in funds|
||||||f,||||
|Unrestricted
funds|||||||||
|General
fund|||226,295||(242,844)||65,713|49,164|
|Computer
reserve|||3|||||3|
|RTR Events fund|||30,970||(6,357)||1,902|26,515|
|Picture fund|||5,775||(306)||2,007|7,476|
|Cambrai
fund|||42,696||(55)||362|43,003|
|Standards
Parade fund|||154||(3,470)||(1,055)|(4,371)|
|Officers' Dinner Fund|||5,617||(2,600)|||3,017|
|Tom Welch fund|||20,639||(25,009)||24,160|19,790|
|5RTR|||102|||||102|
|3i fund|||12,451|||||12,451|
||||344,702|(280,641)|||93,089|157,150|
|Restricted
funds|||||||||
|Rupert Brookshaw|Spotting Fund||1,775||(2,095)||2,065|1,745|
|TOTAL FUNDS|||346,477|~282,736)|||95,154|158895|
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