Charity reglstration number 1069782
CHARifi FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER Z024

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C Whitamore
M Flint
M Mawer
D Fischer
P Carnpbell
N Cornish
R Marsh
N Astbury
Charlty number
1069782
Independent examlner
TC Group
20 Commerce Road
Lynch Wood
Peterborough
Cambridgeshlre
England
PE2 6LR

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activlties
Balance sheet
Notes to the financial statements
8-14

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
TRUSTEES, REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial statements for the Period ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the charity's governing document, the Charities Act 2011 and Accounting
and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their account5
in accordance with the Flnancial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021"
(effective l January 20191.
Objectlve5 and artlvltles
Public benefit
The trustees shall hold the Trust Fund and Its Income upon trust to apply them for the following objects Ithe
'Oblerts'l
Ca ital and Incom
The tru5tee5 Shall a5 and when they thlnk flt opply or cause to be applied the whole or any part of the
client capital or income cf the Trust Fund for the benefits of the Existing Units (shall mean 'B" Isherwood
Rangers Yeomanry) Squadron formerly ofThe Royal Yeomanry but now of The Queen's Own Yeomanry and
èny addition31 or successive Unit or Subunit thereof from time to timel and the Former Units IshalS mean
any Troop of Yeomanry Volunteer Cavalry raised in Nottinghamshire and any unst formed from them or any
combination of them, the North Nottin8hamshlre Yeomanry the Sherwood Rangers Yeomanry, Teriitorial
Army and the Sherwood Rangers Yeomanry IT), Territorial and Army Volunteer Reserve-Cate8ory 1111 in
accordance with the powers vested in them to.,
malntaln and promote esprlt de corps of the Existing Units,.
assist so far as possible members or former members of the Existin8 Units and Former Units in
obtalning employment.,
help widows of any such members or former members and chlldren who through no fault of their
own flnd themselve5 in distressed circumstances,.
help so far as possible necessltous cases among any such members and their families or
dependants, and..
make grants for equivalent purposes to unit5 of the Army Cadet Force afflliated to Existing Units,,
make grants to the Trustee5 ofthe Sherwood Rangers Yeom3nry Museum Trust,.
make grants to the Committee of the Sherwood Rangers Yeomanry Regimental A5sociatlon for
application in a551Sting persons in cases of need who are serving in the Existing Units of who have served in
the Existing Units or in the Former Units and their dependants.,
make grants to the trustees of the Queen's Own Yeomanry Benevolent Fund,.
make 8rants to the trustees of the Queen's Royal Lancer Regimental Museum Trust or any
successor thereto,.
make grants to the Queen 's Own Yeomanry Regimental Association or any other Regimental
Association of a Unit of which the Existing Unlts from tlme to time form part,.
pay subscription5 or make donations to any hospital, home or institution having among its
objects the succour In slckness or convalescence of offScers or men who are serving or have servod any unit
or branch of Her Majesty's Force5,'
pay subscriptions or make donations to any charitable learned society or other charitable
institution h3ving amons its object5 the promotion and advancement of the science and literature of the
three fighting services or to public museums relating to British Mllitary Forces.,

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
TRUSTEES. REPORT ICONTINUEDI
FOR THE PERIOD ENDED 31 DECEMBER 2024
The Chattels
To hold and maintain the chattels
for the use by and benefit of (whether by way of loan or otherwise) the Existing Unit5 and
generally in order to promote the Existin8 Units and their interests and for the maintenance of esprit de
Corps.
Insofar as any item forming part of the Chattels is not required for use by the Existing Units to
SUPPOrt at the discretion of the Trustees (by making loans or otherwise)..
I, The Sherwood Ranger5 Yeomanry Museum Trust.
2. Units for the time belng of the Army Cadet Force (including the combined Cadet Force of Schoo5sl
which are in any such case affillated to the Existing Units.,
any Units or Unit5 for the time being of the Territorial Army,.
any charitable learned society or other charitable institution having arnong5t its objects the
promotion and advancement of the science and Ilterature of the three fighting services,.
5. public museums relating to 8ritish Military Forces,.
such other body or organisation and for such purposes as the trustees with the consent of the
Commi5s1oners may frorn time to time thlnk fit.

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
TRUSTEES, REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Review of the Year
Preplanned reinvigoration of the Association's relationship with the 5ervin8 squadron built up well from the
beginning of the year. This saw the contiriuance of the annu31 Dinner, the return to Carlton of the Alamein Ball,
and strong support to the Squadron Christmas Party, together with monthly meeting5 held alongside drill nights.
Regular low key welfare activlty of vi51ts and calls to let less fortunate members and their families know they ore
remembered and cared about continued, thanks to our dedicated welfare representatives. Practical support was
given to one serving member. Widows, fund Christmas voucher5 continued to be distributed to the much-reduced
number who had requested this.
The 80th anniversary of D Day and the Normandy campalgn was attended by a Sherwood Rangers party of 44,
who participated Sn the 6th June ceremony at Le Hamel, the 8ayeux Liberation ceremony on 7th June, and a
commemoration 3t the St Pierre farmhouse, In addition to other visits including Berjou. A Sherwood Rangers
memorial bench at the British Normandy Memorial at Ver Sur Mer was established through private subscription bv
many member5 of the A550ciation and the public. An appropriate contribution was made to a new memorial wall
at Asnelles with the names of those from all units killed in or around the village on D Day Itself, this again beln8
covered by private subscription which a150 8ener3ted 3 useful surplus,
Arrangements were made for our surviving veteran, Mr Roy Haywood. to feature prominently in the 8BC coverage
of the 80yi anniversary of D Day ceremonies at Portsmouth, where he was sUPPOrted by a serving Sherwood
Ranger and met member5 of the Royal Familv.
Very substantial sustained effort by many volunteers meant that the Carlton collectSon and archlve were
transferred by the end of the year to their new home in the former Corporals, Club, where over time they will be
or8ani5ed and developed into a History Room, ie a store and workin8 area wlth a small 'workin8 dSsplay' element.
A strong group of veterans marched in the Remembrance Sunday parade at Newark, where they were pleasantly
surprised to hear complimentary comments on their drill and timing. A Sherwood Rangers plot at the Royally-
attended Field of Remembrance in Westminster again contained individual memorial crosse5 for those lost.
Flnanclal revlew
The financial accounts show a profit for the year whlch was augmented by the Insurance pay out for the items of
silver lost durlng the break In at the museum at Thorseby. The funds from the insurance pay out are held on
deposlt pending a declsion on a replacement.
During the year grants were pald to support welfare and subsidy of a servln8 member of the squadron to take part
In the 80th annlversary of the Normandy landin85. A successful appeal was made for the memorial wall at Asne11es.
The annual dinner was held in April which provided a contributlon to the account5.
Annual payment5 from the widows fund were made again in December, at a lower level than in the past, the fund
will continue to reduce in value,

CHARifi FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
TRUSTEES, REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Strurturei governance and management
The Trustees who Served during the Period and up to the date of slgnature of the f5nancSal statements were-,
C Whitamore
M Flint
M Mawer
D Fischer
P Campbell
N Cornish
R Marsh
N Astbury
The Trustee5' report was approved by the Board of Trustees.
C Whitamore
Trustee
Date,.

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
I report to the Trustees on my examination of the financial statements of Charity For The Benefit Of The Sherwood
Rangers Yeomanry Ithe I for the Period ended 31 December 2024.
Responslbilities and basls of report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance
with the requirements of the Charities Act 2011 (the 2011 Act).
I report Sn respect of my examinatlon of the charity's financial statements carried out under section 145 of the
2011 Act. In carryin8 Out my examination I have followed all the applicable Directions given by the Charity
Commission under section 14515llbl of the 2011 Act,
Independent examlner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with
Accountin8 and Reporting by Charitle5 preparing thelr accounts in accordance wlth the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 Sn preference to the Accounting and Reportin8 by
Charities.. Statement of Recommended Practlce i55ued on l April 2005 which Is referred to in the extant
regulations but has now been withdrawn.
understand that this has been done In order for financial statements to provide a true and falr view In
accordance wlth Generally Accepted Accounting Practice effective for reporting periods beginnln8 on or after I
January 2015,
I have completed my examination. I confirm that no matters have come to rny attention in connection with the
examination giving me cause to believe that in any material respect,.
accounting records were not kept in respect of the as required by sectlon 130 of the 2011 Act; or
the financial statements do not accord with those records,. or
the financial statement5 do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that
the a¢¢ountS give a true and fair view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination to whlch attentlon
should be drawn in this report In order to enable a proper understanding of the financial statements to be
reached.
TC Group
20 Commerce Road
Lynch Wood
Peterborough
Cambridgeshire
PE2 6LR
England
Dated..

CNARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING SNCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 DECEM8ER 2024
Unrestricted Restrlrted
funds
funds
2024
2024
Total Unrestrlrted Restrlrted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and leEa¢ies
Charitable activities
Investments
Other income
1,510
40,428
4,241
859
1,510
40,428
4,241
859
1,120
536
3,420
218
1,120
536
3,420
218
Total Income
47,038
47,038
5,294
5,294
Expendlture on:
Charitable activities
8,641
320
8,961
4,282
200
4,482
Total expendlture
8,641
320
8,961
4,282
200
4,482
Net gainslllossesl on
investments
249
249
11121
11121
Net Income/{expendlturel and
movement in funds
38,646
13201
38,326
900
12001
700
Reconciliation of funds..
Fund balances at l January
2024
114,316
2,448
116.764
113,416
2,648
116,064
Fund balances at 31 December
2024
152,962
2,128
155,090
114,316
2,448
116,764
The statement of financial activities includes all gains and losses reco¥nised in the Period. All income and
expenditure derive from continuing activlties,

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Flxed a55ets
Investments
li
85,919
85,670
Current assets
Stocks
Debtors
Cash at bankand in hand
12
13
21,425
990
47,828
21,875
219
9,750
70,243
31,844
Creditors: amount5 fallln8 due wlthin one
year
14
11,0721
17501
Net current assets
69,171
31,094
Total a55ets less current Ilabllltles
155,090
116,764
Net assets exeludlng penslon Ilablllty
155,090
116,764
The funds of the
Restrlcted income funds
UnrestrScted funds
15
2,128
152,962
2,448
114,316
15S,090
116,764
The flnancial statements were approved by the Trustees on
itamore
Trustee

CHARITI FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Aceountlng policies
Charlty information
Charity For The Benefit Of The Sherwood Rangers Yeomanry is a charity.
The trustees shall..
A. As and when they think fit apply or caus2 to be applied the whole or any part of the client capital or
income of the Trust Fund for the benefits of the Existing Units as defined under objects and activities.
B. Hold and maintain the chattels.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the charity'5 governing document, the
Charities Act 2011, FRS 102 'The Financial Reportin8 Standard applicable in the UK and Republic of Ireland"
I'FRS 102,1 and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charlties preparlng their accounts in accord3nce with the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021" leffectlve l January 20191. The charity15 3 Public
Benefit Entity a5 defined by FRS 102,
The charlty ha5 taken advantage of the provislons In the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements have departed from the Charities IAtcounts and Reports) Regltlatlons 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the verslon of the statement of
Recommended Practice which is referred to in the Regulations but which has slnce been wSthdrawn.
The flnanclal statements are prepared In sterling, which 15 the functlonal currency of the Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the hlstorlcal cost convention, Imodified to include the
revaluatlon of freehold properties and to Include Investment properties and certaln financial Instruments at
fair valuel. The prlnclpal accounting policies adopted are set out below,
1.2 Going concern
At the time of approvin8 the financial statements, the Trustees have a reasonable expectatlon that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
Trustees continue ta adopt the going concern basis of accounting in preparing the finantial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donor5 or grantors as to how they may be used. The
purposes and uses of the restricted funds are Set out in the notes to the financial statements.

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTE5 TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Accountlng policles
(Continued)
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income 15 accounted for on a receivable ba51S.
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement. and the amount
of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct Costs attributable to
single activity are allocated directly to that activity. Shared costs whlch contribute to mcre than one activity
and support costs which are not attributable to a single activity are apportioned between those activities on
a basls conslstent with the use of resources. Central staff costs are allocated on the basis of tlme spent, and
depreciation charges are allocated on the portlon of the asset's use.
1.6 Flxed asset Investrnent5
Investments are stated at market value as provided by the investment manager. Sllverware which is difficult
to value Is Included in the accounts at a notional f igure of £1.
1.7 Stocks
The charity alse holds regimental sllverware and other high value assets. Due to the nature of many of these
the value is difflcult to assess with any certainty, The trustees are of the opinion that to attempt a full
valuation would be expensive and would serve no useful benefit to the charity. Consequently, no value ha5
been Included in the accounts.
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash In hand, deposlts held at call wlth banks, other short-term Ilquld
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown wlthln borrowing5 in current liabilities.
Crltical a¢¢ountln8 estlmates and judgements
In the application of the '5 accounting pollcies, the Trustees are required to make judgements, estimares and
assumptions about the carrying amount of assets and Ilabilitie5 that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relev3nt. Actual results rray dlffer from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Aevisions to accounting
estlmate5 are recognised In the perlod in whlch the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods,

CHARITY FOR THE BENEFIT OF THE SHERWOOD IiANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE PERIOD ENDED 31 DECEMBER 2024
Incorne from donatlons and Se8acles
Unrestrlrted
funds
2024
Unrestrlrted
funds
2023
Donation5 and 6ift5
1.510
1,120
Income from charltable activitSe5
UnrestrScted
funds
2024
Unrestrlcted
funds
2023
Surplus of sales of books
Surplus on plaque5
Asnelles
Projerts / sundry
Insurance
Dlnner tlcketS
159
98
2,495
12
35,300
2,364
503
13
20
40,428
536
Income from Investments
Unrestrlcted Unrestrlrted
funds
funds
2024
2023
Investment income
4,241
3,420
10-

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE PERIOD ENDED 31 DECEM8ER 2024
Other Income
Unrestrlrted Unrestrlrted
funds
funds
2024
2023
Gift Aid
859
218
Expendlture on charltable artlvltles
2024
2023
Dlrert costs
Grants
Museum
Governance costs - accountancy
Museum IT
Insurance and valuations
Circulars, printing and postage
Repairs and renewals
R8L, wreaths and flowers
Annual dinner
Asnelles
2,786
182
600
686
585
713
750
494
I,ooi
33
1,051
159
213
517
999
1,800
874
8,961
4,482
Analys1$ by fund
Unrestricted funds
Restricted funds
8,641
320
4,282
200
8,961
4,482
Trustees
None of the Trustees lor any persons connected with theml received any remuneration or benefits from the
during the Period.
11

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD EAIDED 31 DECEMBER 2024
Gains and losses on investments
Unrestrlcted Unrestricted
funds
fund5
2024
2023
Gains/llossesl arising on:
Revaluation of Investments
249
11121
10 Thxation
The charity is exempt from taxation on Its actlvitles because all It5 Income Is applled for charitable purposes.
11 Flxed asset Investments
Investments
Cost or valuation
At l January 2024 & 31 December 2024
85,670
Carrylng amount
At 31 December 2024
85,670
At 31 December 2023
85,670
12 Stocks
2024
2023
Legacy acqulsltions
Stock
16,784
4,641
16,784
5,091
21,425
21,875
13 Debtors
2024
2023
Amounts falllng due wlthin on¢ year:
Other debtors
990
219
12

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE PERIOD ENDED 31 DECEMBER 2024
14 Creditor5.' amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
472
750
600
1,072
750
15 Restrlcted funds
The restricted f unds of the charity comprise the tsnexpended balances of donations and 8rants held on trust
Subject to specific conditions by donors as to how they may be used.
At l January
2024
Resources
expended
At31
December
2024
2,448
13201
2,128
Prevlous year:
At l January
2023
Resour¢es
expended
At31
December
2023
2,648
12001
2,448
16 UnrestrSrted funds
The unrestrlcted funds of the charlty comprise the unexpended balances of donatlons and grants whlch are
not subject to speclfic conditions by donors and grantors as to how they may be used. These include
deslgnated funds which have been set aside out of unrestritted funds by the trustees for specif ic purposes,
At l January
2024
In¢omlnz
resources
Resources
eypended
Galns #nd
1055es
At31
December
2024
General funds
114,316
47,038
18,6411
249
152,962

CHARITY FOR THE BENEFIT OF THE SHERWOOD RANGERS YEOMANRY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE PERIOD ENDED 31 DECEMBER 2024
16 Unrestricted funds
Icontlnuedl
Prevlous year:
At l January
2023
Incoming
resources
Resources
expended
Galns and
losses
At31
December
2023
General fund5
113,416
5,294
14,2821
11121
114,316
17 Related party transactlons
There were no dlsc10s3ble related party transactlons during the Perlod12023 . nonel.
14