##
##
##
##
||Pacae No.|
|---|---|
|TRUSTEES' REPORT|2 —8|
|AUDITORS' REPORT|9—11|
|STATEMENT OF FINANCIAL ACTIVITIES|12|
|BALANCE SHEET|13|
|NOTES TO THE ACCOUNTS|14 —25|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Note|Unrestricted|Endowment|Restricted|Total 2021|Total 2020|
|---|---|---|---|---|---|---|---|
||||Fund|Silver Fund|Funds|||
|Income and endowments||||||||
|Donations
and legacies|||146,760||11,421|158,181|173,345|
|Charitable
activities|||9,181|||9,181|7,381|
|Other trading
activities|||1,500|||1,500|164|
|Investments|||95,977|||95,977 r|111,517|
|Other|||5,038|||5,038|3,231|
|Total||2|258,456||11,421|269,877|295,638|
|~Edit||||||||
|Raising funds|||713|||713|3,894|
|Charitable
activities|||159,045||23,528|182,573|256,369|
|Total||3|159,758||23,528|183,286|260,263|
|Net income/(expenditure)||||||||
|before gains and losses|||98,698||(12,107)|86,591|35,375|
|Net gains/(losses)
investments|on||1,108,734|||1,108,734|137,792|
|Net income/(expenditure)|||1,207,432||(12,107)|1,195,325|173,167|
|Transfers|||17,558||17,558|||
|Net movement
in funds|||1,189,874||5,451|1,195,325|173,167|
|Reconciliation
of|funds|||||||
|Total
Funds|Brought|8|5,469,055|3,221,968|145,414|8,836,437|8,663,270|
|Forward||||||||
|Total
Funds|Gamed|8|f6,658,929|f3,221,968|f150,865|f10,031,762|f8,836,437|
|Forward||||||||
##
##
##
|||Note|2021|2020|
|---|---|---|---|---|
|Fixed Assets|||||
|Investments|||6,615,158|5,381,965|
|Tangible Fixed Assets|||3,247,840|3,248,297|
||||9,862,998|8,630,262|
|Current Assets|||||
|Stock|||1,419||
|Debtors|||51,651|9,870|
|Deposits at Bank and Money Market|||136,923|222,732|
|Cash in Hand|||2|21|
||||189,995|232,623|
|Creditors: Amounts|falling due within one year|7|21,231|26,448|
||||168,764|206,175|
|Net Current Assetsl Liabilities|||||
|Net Assets|||610,031,762|68,836,437|
|Funds|||||
|Unresbicted
Fund|||6,658,929|5,469,055|
|Restricted Funds|||150,865|145,414|
|Endowment
Fund|—Silver||3,221,968|3,221,968|
||||610,031,762|F8,836,437|
||||Xz%'L||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|Donations|and le acies||||||
|Donations|received|(including||gift aid recoverable)|22,487|47,934|
|Legacy|||||5,000|3,000|
|Days pay scheme|||||119,273|107,347|
|Transfer from Wharley|||Chapel|||4,500|
|Silver Subscription|||||11,421|10,564|
||||||6158,181|f173,345|
|Charitable|activities||||||
|Castle subscriptions||and sales|||9,031|7,381|
|Battlefield|Tour||||150||
||||||69,181|F7,381|
|G~tt
t
Ch|||||||
|Sale ofregimental||souvenirs|||1,500||
||||||61,500||
|Investments|||||||
|Investment|Funds||||95,961|111,382|
|Other interest:|||||||
|Royal Bank ofScotland|||||16|135|
||||||f95,977|6111,517|
|Other|||||||
|Case grant|income||||2,601|2,760|
|Speedboat|hire||||2,000||
|BBCroyalties|||||63|396|
|Sundry
income|||||374|75|
||||||65,038|63,231|
##
##
##
##
##
##
##
|FOR THE YEAR ENDED 30JUNE 2021|FOR THE YEAR ENDED 30JUNE 2021|FOR THE YEAR ENDED 30JUNE 2021||||
|---|---|---|---|---|---|
|ANALYSIS OF EXPENDITURE cont||||2021|2020|
|Charitable
activities||||||
|Inservice Welfare Grant —No ofcases 1|||(2020:9)|400|3,370|
|Case Grants —No ofcases 69(2020: 114)||||39,582|47,688|
|Memorial
Running
Costs||||967|1,056|
|Memorial
Restoration||||5,627|8,425|
|Remembrance
Day Costs||||184|3,504|
|ABF Sponsorship||||13,000|13,000|
|RCO —Oificer &Soldier Recruiting||Expenses||12,735|9,355|
|Other Grants
1"Battalion Grants —including
2d Battalion Grants —including
3"Battalion Grants —including|Adventure
Adventure
Adventure||Training
Training
Training|2,158
14,325
16,960
9,439|2,319
31,228
37,670
9,341|
|Regimental
gathering
expenditure|||||17,881|
|Association
Support||||1,890|3,302|
|Chapel expenditure||||976|2,271|
|Days Pay Scheme —RHQ||||2,196|2,092|
|Days Pay Scheme - Silver||||11,421|10,563|
|Castle expenditure||||14,423|15,569|
|Sundry Expenses||||7,277|10,026|
|Council Meeting Expenses||||292|1,430|
|Trustee training||||3,000||
|Presentation
account||||483||
|Representational
Event||||957|525|
|Depreciation||||457|610|
|Audit||||7,020|6,540|
|Accountancy||||3,666|4,422|
|Silver insurance
and repairs||||13,138|14,182|
|||||f182,573|f256,369|
##
##
##
##
|.
TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Office
E~it|Endowment
Silver Fund|Chattels|Total|
|CosVValuation|||||
|As at 1 July 2020|18,220|3,221,468|25,000|3,264,688|
|As at 30June 2021|18,220|3,221,468|25,000|3,264,688|
|~0|||||
|Asat1 July2020|16,391|||16,391|
|Charge for the year|457|||457|
|As at 30June 2021|16,848|||16,848|
|Net Book Value|||||
|As at 30June 2021|F1,372|f3,221,468|F25,000|63,247,840|
|As at 30June 2020|81,829|63,221,468|825,000|F3,248,297|
##
##
##
##
|||Market|Additional|Realised|Unrealised|Market|Cost|
|---|---|---|---|---|---|---|---|
|||V
I|~Oi|Gains/|Gains/|Value|30.06.21|
|||01.07.20||~Losses|~Losses|30.06.21||
|Investment|portfolio|f5,381,965|f124,459|f6,591|ft 102,143|F6,615158|84,825,936|
|The Re
are:-|gimental
Charity Investme|nts
representing
over|5'io ofthe market value of|
|---|---|---|---|
||||Market|
||||Value|
|Sarasin|Thematic Global||62,736,439|
|Sarasin|Global Dividend||81,025,874|
|Sarasin|Global Dividend —Class|I|6492,758|
|Sarasin|Thematic Global —Equity|Class|81,272,787|
##
##
|6.
DEBTORS:AMOUNTS
F|ALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2021|2020|
|Other Debtors||51,651|9,870|
|||651,651|89,870|
|7.
CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||2021|2020|
|Accruals||20,875|25,858|
|Other Creditors||356|590|
|||621,231|626,448|
##
##
##
##
|.
CURRENT YEAR —MOVE|MENT ON FUNDS||||||
|---|---|---|---|---|---|---|
||Unrestricted
G
I|Unrestricted
~Oi
td||Endowment
Silver|Restricted
Funds|Total|
|Balance at 1 July 2020|5,402,017||67,038|3,221,968|145,414|8,836,437|
|Incoming resources|258,456||||11,421|269,877|
|Resources expended|(159,758)||||(23,528)|(183,286)|
|Gain on investments|1,108,734|||||1,108,734|
|Transfers|17,558||||17558||
|Balance at 30June 2021|f6,591,891|867,038||83,221,968|F150,865|F10,031,762|
||W~vfa land||||||
||A~mutee||||||
||Fund|Silver Fund||~Cha el||Total|
|||||Fund|||
|Restricted Funds|||||||
|Balance at 1 July 2020|96,845||42,756|5,813||145,414|
|Incoming resources|||11,421|||11,421|
|Resources expended|(9,414)|(13,138)||(976)||(23,528)|
|Gain on investments|||||||
|Transfers|17,558|||||17,558|
|Balance at 30June 2021|F104,989|641,039||F4,837||8150,865|
##
##
##
##
|.
PRIOR YEAR —M|OVEMENT
ON FUND|S|S||||
|---|---|---|---|---|---|---|
||Unrestricted
G
I|Unrestricted
~di
td||Endowment
Silver|Restricted
Funds|Total|
|Balance at 1 July|5,231,733||69,028|3,221,968|140,541|8,663,270|
|2019|||||||
|Incoming resources|278,980||||16,658|295,638|
|Resources expended|(243,810)||||(16,453)|(260,263)|
|Gain on investments|137,792|||||137,792|
|Transfers|2 678||1,990||4,668||
|Balance at 30June|f5,402,017||f67,038|f3,221,968|f145,414|f8,836,437|
|2020|||||||
||~Wa land
~dAtG
**F**
dAdit||F
d|~Cha el
Fund||Total|
|Restricted Funds|||||||
|Balance at 1 July|94,167||46,374|||140,541|
|2019|||||||
|Incoming resources|||10,564|6,094||16,658|
|Resources expended|||(14,182)|(2,271)||(16,453)|
|Gain on investments|||||||
|Transfers|2,678|||1,990||4,668|
|Balance at 30June|f96,845||f42,756|f5,813||f145,414|
|2020|||||||
##
##
##
##
##
|.
CURRENT|YEAR -ANALYS|IS OF NET AS|S|ETS B|ETWEE|N F|UNDS|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Non||
|||7~an ibis|||||Current|Current||
|||Fixed|||||Assetsl|Assetsl|Net|
|||b
t|I|t|t|~bi|bllttt|tLiabilities|Assets|
|Restricted
Funds||||||||||
|Wayland
Amputee|Fund|||104,989|||||104,989|
|Silver Fund|||||||41,039||41,039|
|Chapel
Fund|||||||4,837||4,837|
|Silver Endowment|Fund|3,221,468|||||500||3,221,968|
|Unrestricted
Funds||||||||||
|General
Fund||26,372||6,510,169|||55,350||6,591,891|
|Designated —Essex Chapel Fund|||||||67,038||67,038|
|||63,247,840||F6,615,158|||8168,764|6-|810,031,762|
|RIOR YEAR —ANALYSIS OF NET||ASSETSBETWEEN FUNDS||||||||
|||||||||Non||
|||7~an ibis|||||Current|Current||
|||Fixed|||||Assetsl|Assetsl|Net|
|||Assets||Investments||~bi bll'||~LIabilities|Assets|
|Restricted
Funds||||||||||
|Wayland
Amputee
Silver Fund|Fund||||96,845||42,756||96,845
42,756|
|Chapel Fund|||||||5,813||5,813|
|Silver Endowment|Fund|3,221,468|||||500||3,221,968|
|Unrestricted
Funds
General Fund
Designated —Essex Chapel Fund||26,829||5,285,120|||90,068
67,038||5,402,017
67,038|
|||63,248,297||65,381,965|||6206,175|F=|68,836,437|
##
##
##
##
##
##
##
##
##