OpenCharities

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2023-03-31-accounts

Status The organisation is a company limited by guarantee, incorporated on
30March 1999and registered as a charity on 15April 1999.
Company number 3745373
Charity number 1075109
Registered and Principal office 10A High Street
Pewsey
Wiltshire
5N9 SAQ
Chairman Air Vice Marshal M Wiles CBCBE
Chief Executive MI A Cann
(cometimet referred to as 'oirector' as e
job title bet not edirector ofthe compo ny)
Patron HRH The former Prince ofWales
President Mr L Mansfield
Vice-Presidents Major General Arthur Denaro CBE
Admiral
SirJock		 Slater GCB LVO DL
General The Lord Guthrie
GCB LVO OBE
Bankers The Royal Bank ofScotland
Holt's Farnborough
Branch
Lawrie House
Victoria Road
Farnborough
Hampshire
GU147NR
Solicitors Appointed
on specific needs basis as		 and when required
Independent Examiner Simon Egingham FCA DChA
Fawcetts
LLP
Chartered
Accountants
Windover
House
StAnn Street
Salisbury
SP12DR

Appointed Resigned
Mr L lvlansfield 30-Mar-99 07-Sep-23
Admiral
SirJames Perowne
KBE		 01-Mar-02 02-Nov-22
Lord Robertson
KT GCMG PC		 IPFNov-04
Miss K M Jenkins OBE BMUS (RAM( ARAM (PFMay-06
Lieutenant
General
PT C Pearson		 21-Sep-06
Sir Gerald Howarth
MP		 19-Mar-09
Mr J W C Moir CBE LVO KSG 31-Oct-13
Air Vice Marshal
M Wiles CBCBE		 Chairman 11-Jun-16
Brigadier AThomson
MSc MBA FIETC Eng		 16-Mar-16
WO1 Michael Turnball
MA		 21-May-20 02-Nov-22
WO1 Michael Stanion 02-Nov-22
Lieutenant
General
Phil Jones CB CBE DL		 02-Nov-22
Katharine
Pooley		 01-Mar- 20

2023 2022
Unrestdcted Restdcted Total Total
Note f 6 6 6
INCOME AND ENDOWMENTS FROM:
Donations
and sponsorships		 118,918 60,002 178,920 143,317
Income from chaditable
activities
Fundraising 109,931 40,000 149,931 316,178
Investment
and other income		 5 73,047 73,047 64,569
TOTAL INCOME AND ENDOWMENTS 301,896 100,002 401,898 524,064
EXPENDITURE ON:
Chaditable
activities
Direct costs 6 54,986 240,840 295,826 237,159
Raising funds
Fundraising
costs		 7 129,685 40,000 169,685 144,357
Total expenditure 9 184,671 280,840 465,511 381,516
NET (EXPENDITURE)/INCOME 117,225 (180,838) (63,613) 142,548
Gain/(loss)
on investments-		 unrealised 10 (150,411) (150,411) 59,247
Gain/(loss)
on investments-		 realised (8,383)
Net movement
in funds		 (41,569) (180,838) (222,407) 201,795
Fund balances brought forward 14 1,757,719 295,560 2,053,279 1,851,484
Fund balances as at31March 2D23 14 1,716,150 114,722 1,830,872 2053 279

2023 2022
Note E E
Fixed assets
tangible fixed assets 11 2 332 4,260
Investments 10 1,349,531 1,383,297
1,351,863 1,387,557
Current assets
Stock 29,216 29,474
Debtors 12 17,742 8,511
Cash at bank and in hand 467,996 661,678
514,954 699,663
Creditors: amounts due within one year 13 35,945 33,941
Net current assets 479,009 665,722
Net assets 1,830,872 2,053,279
Funds
Unrestricted funds: 14 1,716,150 1,757,719
Restricted funds 14 114,722 295,560
Total funds 15 1,830372 2,053,279

Note 2023
6		 2022f
Cash provided
used in operating		 activities: 6 114,450
Cash flows from investing activities:
Purchase offixed assets (964)
Disposal of investments 170,572
Purchase ofinvestments (240,000) . 0
Cash provided
used in investment		 activities: (69,428) (100,964)
Cash flows from financing
Loan repayments		 activities: ~11Il.DM
(150,000)
Increase/ (Decrease) in cash and cash equivalents in the year (193,682) (136,514)
Cash and cash equivalents at the beginning ofthe year 661,678 798,192
Cash and cash equivalents at the end ofthe year 467,996 661,678

Staff costs were as follows: 2023 2022
6 6
Salaries and wages 1032I06 102,563
Social secu dity costs 8,760 8,933
Other pension costs 25,283 21,783
137,849 133,279

Unrestricted Restricted 2023 2022
E E E E
Charitable
output expenses		 28,345 68,571 96,916 42,932
Share ofsupport costs (note 8) 26,641 172,269 198,910 194,227
54,986 240,840 295,826 237,159
FUNDRAISING COSTS
Unrestricted
f		 Restdcted 2023
f		 2022f
Fundraising
costs		 63,382 40,000 103,382 79,615
Share ofsupport costs (note 8) 66,303 66,303 64,742
129,685 40,000 169,685 144357
8 SUPPORT COSTS
2023 2022
Bank charges and interest 80 955
Consultancy
fees		 60,687 50,666
Accountancy 3,960 3,780
Bookkeepm8 848 1,248
Depreaation 1,928 3,764
General expenses 2,537 3,467
Insurance 1,942 2,005
Printing,
postage and stationery		 874 415
Rentand
rates		 15,267 14,935
Repairs and equipment hire 2,071 2,489
Salaries and NIC 137,849 150,169
Subscriptions
and donations		 3,769 855
Telephone
and electricity		 8,337 5,756
Travel and entertaining 21,544 15,303
Computer
expenses		 3,243 2,820
Marketing 277 342
2023 2022
E E
Allocated to:
Costs ofChadtable Activities (output costs) (note 6)75% 198,910 194,227
Fundraising
costs (input costs) (note 7)25N

EKPENOITURE
SuPPort Other Total Total
Costs Costs 2023 2022
6 6 6 E
Expenditure
on direct costs
Output expenses 198,910 96,916 2952)26 237,159
Expenditure
on raising funds
Fundraising costs 66,303 103,382 169,685 144,357
Total expenditure
INVFSIMENTS
Quoted
f		 Unquoted
6		 Totalf
Marketvalue
1April 2022 1,371,681 11,616 1,383,297
Additions 240,000 240,000
Disposals (178,955) (178,955)
Reinvestments 55,600 55,600
(Loss)/Gain
in		 the year
Market value
31March 2023
Historical cost
31March 2023 640.071 7,000 647,071

Sound & Property
lighting Improv- Fixtures & Office Computer
equipment ements fittings equipment equipment Tote I
6 6 6 6 6 E
Cost
At 1Ap dl 2022 21,367 5,354 14,732 10,514 15,131 67,098
Additions
Disposals
At31March 2023 21,367 5,354 14,732 10,514 15,131 67,098
Depreciation
At1April 2022 18,713 5,354 14,149 10,121 14,501 62,838
Charge for the year 1,045 412 103 368 1,928
Eliminated
on dlsposals
At31March 2023 19,758 5,354 14,561 10,224
Net book value
At31March 2023 1,609 171 290 262 2,332
At31March 2022 2,654 630 4,260

Balance at Balance at Incoming Incoming Resources Resources Balance at
1.4.22 resources expended 31.3.23
E E F.
Unrestdicted funds
Generalfund 1,754,719 301.896 (343,465) 1,713,150
Designated
tangible		 asset fund 3,000 3.000
Total unrestricted funds 1,757,719 301,896 (343,465) 1,716,150
Restdicted funds
Panto Bus 15,20D (15,200)
Libor Grant 295,560 (180,838) 114,722
VOD/BFF TV 20,COO (20,COO)
Windsor
Cdicket		 40,COO (40,COO)
Royal Lancers 13,000 (13,000)
Polo 150 11,802 (11,802)
Total restricted funds 295,560 10D,002 (280,840) 114,722
Totalfunds 2,053/79 8401 898 624905 1830,872
Panto Bus The donations were given towards the cost ofthe Panto Bus entertaining Forces families in the UK.
Libor Grant The grant was given to support costs towards
performing		 shows for military personnel.
VOD/BFF TV A digital project to provide streaming and VOD services tothe frontline.
Windsor Cricket To hold a cricket match at Windsor Castle in July 2022.
RoyalLancers To provide entertainment
tothe Royal		 Lancers in Catterick.
Polo 150 To support specific fund raising events.
ALLOCATION OF NET ASSETS Unrestricted
Designated Restncted
General fund fund fund Tote I
Tangible assets 2,332 2,332
Investments 1,349,531 1,349,531
Net current (liabilities)/assets 361,287 3,000 114,722 479.009
1,713,150 3,000 114,722 1.830,872
RECONCILIATION OF INCOME/(EXPENDITURE) TO NET CASH FROM OPERATING ACTIVITIES
2023 2022
E 6
Net Income/(expenditure)
for		 the year as per SOFA (63,613) 142,548
Adjustments for:
Depreciation oftangible fixed assets 1,928 3,764
(Increase)/Decrease in debtors (9,231) 40,927
Increase/(Decrease) in creditors 2,004 (20,892)
Non cash investment income (55,600) (52,400)
Decrease in stock 258 503
Net cash flow from operating activities (124,254) 114,450

2022
Unrestdcted Restricted Total
Note 6 6
INCOME AND ENDOWMENTS FROM:
Donations and sponso rahips 122,608 20,709 143,317
Income from charitable activities
Fundraising 316,178 316,178
Investment
and other income		 5 64,569 64,569
TOTAL INCOME AND ENDOWMENTS 503,355 20,709 524,064
EXPENDITURE
Expenditure
on charitable activities
Dlmet costs 6 216,450 20,709 237,159
Expenditure
on raising funds
Fundraising
costs		 7 144,357 144,357
Total expenditure 9 360,807 20,709 381,516
NET EXPENDITURE 142,548 142,548
Gain/(loss)
on investments		 10 59,247 59,247
Net movement
in funds		 201,795 201,795
Fund balances brought forward 14 1,555,924 295,560 1,851,484
Fund balance as at31March 2022