2022-03-31-accounts - The Colonel Commandants Fund, Royal Tank Regiment

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				Page
Report ofthe Trustees			I	to	5
Independent Examiner's		Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements		9	to	20

			for the Year	Ended 31March	2022
						2022	2021
			Unrestricted	General	Resudcted	Total	Total
			funds	fund	fund	funds	funds
		Notes	f.
INCOME AND
ENDOWMENTS FROM
Donations and legacies			35,000	82,991	290	118,281	119,881
Other trading activities				12,603		12,603	22
Investment income			15,128	18,168	759	34,055	30,149
Total			50,128	113,762	1,049	164,939	150,052
EXPENDITURE ON
Raising funds		6	5,999	5,696	179	11,874	7,455
Charitable activities
General			15,442	113,762	1,050	130,254	118,219
Total			21,441	119,458	1,229	142,128	125,674
Net gains on investments			12,730	18,918	693	32,341	213,642
NET INCOME			41,417	13,222	513	55,152	238,020
Transfers between funds		18	246	~246)
Net movement in funds			41,663	12,976	513	55,152	238,020
RECONCILIATION	OF
FUNDS
Total funds brought	forward		789,082	756,546	32,070	1,577,698	1,339,678
TOTAL FUNDS CARRIED
FORWARD			830,745	769,522	32,583	1,632,850	1,577,698

		31M	arch 2022
					2022	2021
		Unrestricted	General	Restricted	Total	Total
	Notes	funds f.	fundf	fundf	funds	fundsf
FIXEDASSETS
Investments	12	726,430	755,496	31,016	1,512,942	1,306,327
CURRENT ASSETS
Stocks	13		227		227	227
Debtors	14		13,128		13,128	17,132
Investments	15	57,276	5,726	1,761	64,763	90,320
Cash at bank and in hand	16	47,039	40,469	672	88,180	228,193
		104,315	59,550	2,433	166,298	335,872
CREDITORS
Amounts falling due within one
year	17		(45,524)	(866)	(46,390)	(64,501)
NET CURRENT ASSETS		104,315	14,026	~1567	119,908	271,37]
TOTAL ASSETSLESS
CURRENT LIABILITIES		830,745	769,522	32,583	1,632,850	1,577,698
NET ASSETS		830,745	769,522	32,583	1,632,850	1,577,698
FUNDS	18
Unrestricted funds					1,600,267	1,545,628
Restricted funds					32,583	32,070
TOTALFUNDS					1,632,850	1,577,698

	Grants receivable	2022	2021f
	Picture Fund Grant	2,000	2,000
	Officers' Dinner Fund Grant	2,500	2,500
	RTR Events Fund Grant	13,500	13,000
	Cambrai Fund Grant	17,000	17,000
		35,000	34,500
	Officers and soldiers pay scheme	2022	2021f
	Officers' 1158days pay scheme SNCOs' 18/0 days pay scheme	35,052 20,944	35,384 20,885
	Soldiers' I days pay scheme	26,712	28,736
		82,708	85,005
4.	OTHER TRADING ACTIVITIES
		2022	2021
	Functions income	12,603	22
5.	INVESTMENT INCOME
		2022f	2021
	Investment income	33,959	29,422
	Deposit account interest	96	727
		34,055	30,149

Other trading activities	Other trading activities
					2022	2021
Opening stock					227	227
Event Expenditure					2,430	20
Closing stock					~227)	(227)
					2,430	20
Investment management		costs
					2022	2021
						f.
Support costs					9,444	7,435
Aggregate amounts					11,874	~7455
GRANTSPAYABLE
					2022f	2021
General					69,039	86,840
The total grants paid to institutions			during	the year was as follows:
					2022	2021
ABFThe Soldiers'	Charity				500	500
RTR Benevolent Fund					1,000	1,000
RTR Museum					3,000	3,000
Ironsides Golf					500	500
Regimental Upkeep/Mess					15,763	15,832
H Cav/RAC Central	Fund				600	600
Sporting Excellence					4,551	8,348
Grant to Regiment					18,206	33,392
					44,120	63,172

			Management	Other	Totals
Investment	management	costs		9,444	9,444
General			24,247		24,247
			24,247	9,444	33,691

Support costs	, included in the above	, sre as follows:
				2022	2021
		Investment
		management		Total	Total
		costs	General	activities	activities
			f
Wages			4,404	4,404	4,085
Pensions			255	255	252
Administration	costs		15,769	15,769	9,405
Contingency	fund		3,819	3,819	3,739
Portfolio fees				9,444	7,435
			24,247	33,691	24,916

STAFF COSTS
				2022	2021
				f.
Wages and salaries				4,404	4,085
Other pension costs				255	252
				4,659	4,337
Wages and salaries above include other staff bonuses off378 in the year.
The average monthly	number ofemployees	during	the year was as follows:
				2022	2021
Staff				1	I

for the Year E	for the Year E	for the Year E	nded 31March 2	022
COMPARATIVES FOR THE STATEMENT			OF FINANCIAL	ACTIVITIES
			Unrestricted	General	Restricted	Total
			funds	fund	fund	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			34,500	85,381		119,881
Other trading activities			22			22
Investment income			10,886	18,482	781	30,149
Total			45,408	103,863	781	150,052
EXPENDITURE ON
Raising funds			2,159	5,135	161	7,455
Charitable activities
General			13,545	103,863	811	118,219
Total			15,704	108,998	972	125,674
Net gains on investments			61,465	147,541	4,636	~213642
NET INCOME			91,169	142,406	4,445	238,020
RECONCILIATION	OF FUNDS
Total funds brought forward			697,912	614,141	27,625	1,339,678
TOTAL FUNDS CARRIED FORWARD			789,081	756,547	32,070	1,577,698

FIXEDASSET INVESTMKNTS
	Listed
	investments
MARKET VALUE
At 1 April 2021	1,306,327
Additions	298,959
Disposals	f137,403)
Revaluations	45,059
At 31 March 2022	1,512,942
NET BOOK VALUE
At 31March 2022	1,512,942
At 31March 2021	1,306,327

13.	STOCKS
								2022	2021
								f.
	Stocks							227	227
14.	DEBTORS:		AMOUNTS FALLING DUE			WITHIN ONE YEAR
								2022	2021
	Other debtors							11,628	15,243
	Staff loans							1,500	1,500
	Prepayments		&	accrued income					389
								13,128	17,132
15.	CURRENT		ASSETINVESTMENTS
								2022	2021
								f
	35 day liquidity			account share				5,726	30,702
	Special funds		—35 day liquidity					59,037	59,618
								64,763	90,320
16.	CASH AT	BANK AND IN HAND
					General	RTR Events	Picture	Cambrai	Officers'
					fund	fund	fund	fund	Dinner Fund
						f
	Cash in hand				350
	Bank current		account		21,972
	Special funds		—current			16,421	2,947	17,206	2,500
	Investment	cash		on
	deposit account				17,508
	Investmentincome
	account				639
	Total				40,469	16,421	2,947	17,206	2,500

16.	CASH AT BANK AND IN HAN	D - continued
						2022	2021
				Rupert
				Brookshaw
		Tom Welch		Sporting		Total	Total
		fund	3i fund	Fund		funds	funds
					f.	f.	f
	Brought forward
	Cash in hand					350	350
	Bank current account					21,972	13,242
	Special funds —current	2,709	5,256		672	47,711	9,668
	Investment cash on
	deposit account					17,508	198,491
	Investment income
	account					639	6,437
	Computer bank current
	account
	Total	2,709	5,256		672	88,180	228,193
17.	CREDITORS: AMOUNTS FALLING DUE		WITHIN ONE	YEAR
						2022	2021
	Grants payable					39,406	60,883
	Other creditors					6,984	3,618
						46,390	64,501
18.	MOVEMENT IN FUNDS
					Net	Transfers
				movement		between	At
			At 1.4.21	in	funds	funds	31.3.22
					f,
	Unrestricted funds
	General fund		756,546	13,222		(246)	769,522
	Computer reserve		254			(254)
	RTR Events fund		83,829	15,937		500	100,266
	Picture fund		42,068		3,246		45,314
	Cambrai fund		81,168	17,452			98,620
	Officers' Dinner Fund		15,050		(486)		14,564
	Tom Welch fund		491,078		2,490		493,568
	3i fund		75,635		2,778		78,413
			1,545,628	54,639			1,600,267
	Restricted funds
	Rupert Brookshaw Sporting Fund		32,070		513		32,583
	TOTAL FUNDS		1,577,698	55,152			1,632,850

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted funds
General fund			113,762	(119,458)	18,918	13,222
RTR Events fund			15,648	(1,291)	1,580	15,937
Picture fund			2,747	(174)	673	3,246
Cambrai fund			18,475	(2,070)	1,047	17,452
Officers' Dinner Fund			2,514	(3,000)		(486)
Tom Welch fund			8,851	(14,457)	8,096	2,490
3i fund			1,893	(449)	1,334	2,778
			163,890	(140,899)	31,648	54,639
Restricted funds
Rupert Brookshaw	Sporting Fund		1,049	(1,229)	693	513
TOTAL FUNDS
Comparatives for	movement	in funds
					Net
					movement	At
				At 1.4.20	in funds	31.3.21
					f.
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				442,983	48,095	491,078
3i fund				75,401	234	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 f	expended	losses	in funds
Unrestricted funds
General fund		103,863	(108,998)	147,541	142,406
Computer reserve		I			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

			Net	Transfers
			movement	between	At
		At 1.4.20	in funds	funds	31.3.22
					f
Unrestricted funds
General fund		614,141	155,628	(246)	769,523
Computer reserve		253	1	(254)
RTR Events fund		68,764	31,002	500	100,266
Picture fund		34,936	10,378		45,314
Cambrai fund		63,064	35,556		98,620
Officers' Dinner Fund		12,511	2,052		14,563
Tom Welch fund 3i fund		442,983 ~75 401	50,585 3,012		493,568 78,413
		1,312,053	288,214		1,600,267
Restricted funds
Rupert Brookshaw	Sporting Fund	27,625	4,958		32,583
TOTAL FUNDS		1,339,678	293,172		1,632,850

		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses	in funds
Unrestricted funds
General fund Computer reserve RTR Events fund Picture fund Cambrai fund Officers' Dinner Fund Tom Welch fund 3i fund		217,625 1 29,085 5,529 35,795 5,052 17,947 2,127	(228,456) (1,565) (331) (2,098) (3,000) (29,702) ~449)	166,459 3,482 5,180 1,859 62,340 1,334	155,628 1 31,002 10,378 35,556 2,052 50,585 3,012
Restricted funds		313,161	(265,601)	240,654	288,214
Rupert Brookshaw	Sporting Fund	1,830	(2,201)	5,329	4,958
TOTAL FUNDS