##
|Patron|||||HRH The Countess ofWessex|HRH The Countess ofWessex|HRH The Countess ofWessex|HRH The Countess ofWessex||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Trustees|||||MrS M BurtOn (Chairman)||- appointed||November 2017|||||
||||||Brigadier (Rtd) D Keenan||OBE (Deputy Chairman)||||- appointed|August|2012|
||||||Brigadier (Rtd) M Griffiths||CBE —appointed|||November|2015|||
||||||Mr A Buckham||-|appointed|September 2013|||||
||||||Mr P Taylor||-|appointed|October 2017|||||
||||||Mr J Macnamara||-|appointed|October 2017|||||
||||||Mrs J Lynch||-|appointed|September 2020|||||
||||||Mr G Evans||- appointed||November 2019|||||
|||||||||resigned|January2022|||||
||||||Ms Clare Waterworth||-|appointed|May|2022||||
|Chief Executive Officer|||||Paul Gaffney|||||||||
|Other Key Management||||Personnel|Abby Dryden —Director Operations|||||||||
||||||Jo Wyatt —Head of Finance|||||||||
|Principal|and Registered|||Office|The Old Stables|||||||||
||||||Redenham
Park|||||||||
||||||Redenham|||||||||
||||||Near Andover|||||||||
||||||Hampshire|||||||||
||||||SP11 9AQ|||||||||
||||||01264774000|||||||||
||||||www. dmws. org.uk|||||||||
|Company|registration||number||04185635|||||||||
|Charity registration||number|||1087210|||||||||
|OSCR registration||number|||SC045460|||||||||
|Auditors|||||Buzzacott LLP|||||||||
||||||130Wood Street|||||||||
||||||London|||||||||
||||||EC2V 6DL|||||||||
|Main bankers|||||National
Westminster|Bank||pic||||||
||||||48 Blue Boar Row|||||||||
||||||Salisbury|||||||||
||||||Wiltshire|||||||||
||||||SP1 1DF|||||||||
##
|||Page|
|---|---|---|
|Trustees'
Report||4-11|
|Statement ofTrustees'|Responsibilities|12|
|Report ofthe Independent
Auditors||13—16|
|Statement ofFinancial|Activities|17|
|Balance Sheet||18|
|Cash-flow Statement||19|
|Notes to the financial|statements|20-35|
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||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|
||||funds|funds|Total funds|Total funds|
|||Notes|||||
|Income from:|||||||
|Donations,
grants and legacies|||105,348|1,290,111|1,395,459|1,082,009|
|interest receivable|||148||148|472|
|Furlough
scheme grant income|||17,343||17,343|67,214|
|Charitable
activities:|||||||
|Welfare services|||720,897|45,635|766,532|547,662|
|Education
and training|||3,516||3,516|19,800|
|Total income|||847,252|1,335,746|2,182,998|1,717,157|
|Charitable
activities:|||||||
|Welfare services|||700,042|1,339,316|2,039,358|1,567,650|
|Education
and training|||60,004||60,004|109,154|
|Total expenditure|||760,046|1,339,316|2,099,362|1,676,804|
|Net income/(expenditure)|||87,206|(3,570)|83,636|40,353|
|Fund balances brought|forward at||195,891|79,410|275,301|234,948|
|1 April|||||||
|Fund balances carried|forward at|18|283,097|75,840|358,937|275,301|
|31 March|||||||
##
|||Notes|||2022f||2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Intangible
assets||12||||3,927||
|Tangible assets||13||||||
||||||||3,927|
|Current assets||||||||
|Debtors||14|162,118|||98,251||
|Short term deposits,
and in hand|cash at bank||915,468|||797,674||
||||1,077,586|||895,925||
|Creditors: amounts
within one year|falling due|15|(718,649)|||(624,551)||
|Net current assets|||||358,937||271,374|
|Total net assets|||||358,937||275,301|
|Funds and reserves||||||||
|Income funds||||||||
|Restricted
funds||17|||75,840||79,410|
|Unrestricted
funds|||||283,097||195,891|
|Total funds|||||358,937||275,301|
|The notes on pages|19to 22 form|part ofthese|financial|statements.||||
##
##
|OR THE YEAR EN|DED|3|1MARCH 2022|||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
|Net cash provided|by operating|||||||
|activities||||||||
|Net income||||83,636||40,353||
|Increase
in creditors||||94,098||428,311||
|(Increase)
in debtors||||(63,867)||(19,042)||
|Depreciation
offixed|assets|||3,927||34,151||
|Investment
income||||(148)||(472)||
||||||117,646||483,301|
|Net cash from operating||activities||||||
|Cash flows from investing||activities||||||
|Investment
income||||148||472||
|Cash provided
by investing|||activities||148||472|
|Increase
in cash|||||117,794||483,773|
|Cash and cash equivalents|||at the|||||
|beginning
ofthe year|||||797,674||313,901|
|Cash and cash equivalents|||at the end of|||||
|the year|||||915,468||797,674|
|||||At 1 April|Cash flows|Non-cash|At 31 March|
|Reconciliation
ofcash flows and net||||2021||changes|2022|
|debt||||||||
|Cash at bank and
in|hand|||797,674|117,794||915,468|
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|||||Un-||Total funds|Un-||Total funds|
|---|---|---|---|---|---|---|---|---|---|
|||||restricted|Restricted|2022|restricted|Restricted|2021|
|ABF South|||||200,000|200,000||458,546|458,546|
|Bulmers||||||||7,500|7,500|
|Armed Forced Covenant|||||966|966||257,353|257,353|
|Queen
Mary's Roehampton|||Trust|25,000||25,000|20,000||20,000|
|Aged Scotland|||||50,424|50,424||64,932|64,932|
|Covid19 —Veterans
forgotten
fund.||should|not be|||||78,500|78,500|
|Evelyn Trust||||||||12,412|'/2, 4'/2|
|Masonic Charitable|||||39,850|39,850||39,850|39,850|
|Poppy Scotland||||||||61,024|61,024|
|RAFBF||||13,000||13,000||15,000|'/5, 000|
|Robertson
Trust|||||17,002|17,002||8,500|8,500|
|Veterans Scotland||||||||6,979|6,979|
|Veteran
Foundation|||||49,983|49,983||42,500|42,500|
|Worshipful
Company||Insurers|||||2,500||2,500|
|Gifts and Donations||||3,413||3,413|6,413||6,4'/3|
|Aborfield
Boys||||1,000||1,000||||
|ACF|||||36,979|36,979||||
|Acute Hospitals|||||67,508|67,508||||
|Addenbrookes|||||37,499|37,499||||
|AFC|||||119,000|119,000||||
|AFC —Afghan|||||33,250|33,250||||
|AFC —Tackling|Loneliness||||20,417|20,417||||
|AFC —Tackling|Loneliness||Devon||17,500|17,500||||
|AFC- Veterans|Hub||||15,954|15,954||||
|Boots|||||7,304|7,304||||
|Corra|||||71,346|71,346||||
|Grant Big Salute|||||6,612|6,612||||
|Imperial
House||||61,000||61,000||||
|Irwin Mitchell||||800||800||||
|New Covenant|Funding||||37,652|37,652||||
|New Covenant|Funding-3065||||61,151|61,151||||
|NHS Lanarkshire|||||1,800|1,800||||
|NHS Lothian|||||14,556|14,556||||
|PPW|||||184,424|184,424||||
##
##
##
|3.Donation|s
and legacies(|continued)||||||
|---|---|---|---|---|---|---|---|
|||Un-||Total funds|Un-||Total funds|
|||restricted|Restricted|2022|restricted|Restricted|2021|
|Amounts
carried forward||104,213|1,091,777|1,195,390|29,8'/3|'/,053,096|'/,082,009|
|QARANC||135||135||||
|RAF Waddington|||68,832|68,832||||
|RNRMC|||32,945|32,945||||
|RNRMC —portal|||59,850|59,850||||
|SirJules Thor||1,000||1,000||||
|South Welfare|Project —OMH||9,172|9,172||||
|VPPP —Sporti-force|||9,625|9,625||||
|VPPP-VOS|||11,750|11,750||||
|VPPP —Poppy|||3,760|3,760||||
|||105,348|1,290,111|1,395,459|28,9'/3|'/,053,096|'/,082,009|
|4.Income|from charitable|activities||||||
|||Un-||Total funds|Un-||Total funds|
|||restricted|Restricted|2022|restricted|Restricted|202'/|
|Welfare services||||||||
|MoD Contract||411,805||411,805|431,756||431,756|
|Royal British Legion||74,906||74,906|15,038||'/5,038|
|Police Federation||231,886|3,500|235,386|70,211||70,211|
|RAF Waddington||||||17,208|17,208|
|RNRM||2,300||2,300|3,250||3,250|
|NHS Lanarkshire|||||7,200||7,200|
|Bowra|||||2,999||2,999|
|Prama|||3,733|3,733||||
|VPPP Portfolio|||38,402|38,402||||
|||720,897|45,635|766,352|530,454|17,208|547,662|
|Education
and|Trainin|||||||
|Training
Projects||6|||2,618||2,618|
|Welfare Diploma||(2,250)||(2,250)|3,500||3,500|
|Mental
Health|First Aid|||||||
|Training||5,760||5,760|13,682||13,682|
|||3,516||3,516|19,800||19,800|
|||724,413|45,635|770,048|550,254|17,208|567,462|
##
##
||||Staff||||Other||
|---|---|---|---|---|---|---|---|---|
||||costs|Other costs|Total 2022|Staffcosts|costs|Total 2021|
|Welfare services|||||||||
|Activities|undertaken|directly|1,030,667|215,109|1,245,776|869,210||869,210|
|Support costs (note 6)|||383,044|410,538|793,582|376,746|321,695|698,441|
||||1,413,711|625,647|2,039,358|1,245,956|321,695|1,567,651|
|Education|and Trainin||||||||
|Activities|undertaken|directly||25,540|25,540||8,814|8,814|
|Support costs (note 6)|||34,464||34,464|100,339||100,339|
||||34,464|25,540|60,004|100,339|8,814|109,'/53|
||||1,448,175|651,187|2,099,362|1,346,295|330,509|1,676,804|
##
||||Welfare|Education|Total|Welfare|Education||
|---|---|---|---|---|---|---|---|---|
||||services|&training|20221|services|8 training|Total 202'l|
|Staff costs|||383,044|34,464|417,508|376,746|100,339|477,085|
|Office costs|||38,050||38,050|32,049||32,049|
|Other administrative||costs|299,850||299,850|250,000||250,000|
|Insurance|||14,997||14,997|12,942||12,942|
|Travel 8 subsistence|||386||386|1,000||1,000|
|Governance|costs (note 7)||57,255||57,255|25,704||25,704|
||||793,582|34,464|828,047|698,441|100,339|798,780|
##
##
##
||||Total 2022|Total 202'I|
|---|---|---|---|---|
|Audit fees|||10,500|10,800|
|Legal and|professional|fees|45,559|14,882|
|Trustees'|reimbursed|expenses|1,197|22|
||||57,256|25,704|
##
||||Unrestricted|Restricted|2021|
|---|---|---|---|---|---|
||||funds|funds|Total funds|
|||Notes||||
|Income:||||||
|Donations
and legacies|||28,913|1,053,096|1,082,009|
|Interest receivable|||472||472|
|Furlough
scheme grant income|||67,214||67,214|
|Income from charitable|activities|||||
|.Welfare services|||530,454|17,208|547,662|
|. Education
and training|||19,800||19,800|
|Total income|||646,853|1,070,304|1,717,157|
|Charitable
activities:||||||
|.Welfare services|||497,088|1,070,562|1,567,650|
|. Education
and training|||109,154||109,154|
|Total expenditure|||606,242|1,070,562|1,676,804|
|Net income/(expenditure)|||40,611|(258)|40,353|
|Fund balances brought|forward at 1 April 2019||155,280|79,668|234,948|
|Fund balances carried|forward at 31 March 2020|18|195,891|79,410|275,301|
##
##
##
||2022|2021|
|---|---|---|
|Auditor's
remuneration|||
|Statutory
audit fees|10,800|'/0, 800|
|Non audit fees||6,696|
|Operating
lease payments|33,000|33,000|
##
##
##
|10. Staff costs|||
|---|---|---|
||2022|2021|
|Wages and salaries|1,261,158|1,182,510|
|Social security costs|117,475|109,772|
|Pension contributions|69,542|54,014|
||1,448,175|1,346,296|
|2022|2021|
|---|---|
|No.|No.|
##
|||2022|2021|
|---|---|---|---|
|||No.|No.|
|Charitable|activities|||
|Welfare services||39|34|
|Support||8|8|
|||47|42|
##
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##
##
|12. Intangible
fixed assets||
|---|---|
||Computer|
||software|
|Cost||
|At 1 April 2021|53,337|
|Additions||
|Disposals||
|At 31 March 2022|53,337|
|Depreciation||
|At 1 April 2021|49,410|
|Charge for the year|3,927|
|Disposals||
|At 31 March 2022|53,337|
|Net book value||
|At 31 March 2022||
|At 31 March 2021|3,927|
|13. Tangible fixed assets||
||Computer|
||equipment|
|Cost||
|At 1 April 2021|49,114|
|Additions||
|Disposals||
|At 31 March 2022|49,114|
|Depreciation||
|At 1 April 2021|49,114|
|Charge for the year||
|Disposals||
|At 31 March 2022|49,114|
|Net book value||
|At 31 March 2022||
|At 31 March 2021||
##
##
##
|14. Debtors||||
|---|---|---|---|
|||2022|2021|
|Amount
due from the Ministry of Defence||60,718|68,528|
|Other debtors||65,495|3,600|
|Prepayments|and accrued income|35,905|26,123|
|||162,118|98,251|
##
|||2022|2021|
|---|---|---|---|
|Trade creditors||120,767|12,378|
|Taxation|and social security costs|44,633|25,656|
|Accruals||54,920|48,463|
|Deferred|income|498,329|538,054|
|||718,649|624,551|
|||2022|2021|
|Deferred|income:|||
|At 1 April|2021|538,054|104,100|
|Released|in year|(907,879)|(104,100)|
|Deferred|in year|868,154|538,054|
|At 31 March 2022||498,329|538,054|
##
||||Land and buildings||Other||
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
|||||E|||
|Within|one|year|36,000|33,000|4,505|7,670|
|Within|two|to five years|144,000||6,067|1,253|
||||180,000|33,000|10,572|8,923|
##
##
##
||||||At 31 March|
|---|---|---|---|---|---|
|||At 1 April 2021|Income|Expenditure|2022|
||||F|||
|Poppy Scotland||10,867||(10,867)||
|Armed Forces Covenant||12,492|207,087|(203,000)|16,579|
|ABF South||36,589|200,000|(201,000)|35,589|
|Aged Scotland||4,932|50,424|(55,000)|356|
|Masonic Charitable|||39,850|(39,850)||
|New Covenant|Fund|6,352|101,803|(108,000)|155|
|Robertson
Trust||500|17,002|(9,000)|8,502|
|Veteran
Foundation||2,500|49,983|(52,000)|483|
|Veteran Scotland||5,178||(5,178)||
|RAF Waddington|||68,832|(66,000)|2,832|
|ACF|||36,979|(36,800)|179|
|Acute Hospitals|||67,508|(67,208)|300|
|Addenbrookes|||37,499|(37,399)|100|
|Boots|||7,304|(4,869)|2,435|
|Corra|||71,346|(71,346)||
|Grant Big Salute|||6,612|(6,600)|12|
|NHS Lanarkshire|||1,800|(1,800)||
|NHS Lothian|||14,556|(14,000)|556|
|Police Federation|||3,500|(3,500)||
|PPW|||184,424|(184,000)|424|
|Prama|||3,732|(3,732)||
|RNRMC|||92,795|(90,795)|2,000|
|South Welfare Project OMH|||9,172|(4,172)|5,000|
|VPPP- Sporting|force||9,625|(9,625)||
|VPPP - VOS|||11,750|(11,412)|338|
|VPPP —Poppy|Factory||3,761|(3,761)||
|VPPP —Portfolio Lead|||38,402|(38,402)||
|||79,410|1,335,746|(1,339,316)|75,840|
##
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||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||funds|funds|Total|
|Fund balances at 31 March 2022 are represented||by:||||
|Current Assets|||1,001,746|75,840|1,077,586|
|Creditors: Amounts|falling due within one year||(718,649)||(718,649)|
|Total 2022|||283,097|75,840|358,937|
||||Unrestricted|Restricted||
||||funds|funds|Total|
||||E|||
|Fund balances at 3'l March 2021 are represented||by:||||
|Fixed assets|||3,927||3,927|
|Current Assets|||816,515|79,410|895,925|
|Creditors: Amounts|falling due within one year||(624,551)||(624,551)|
|Total 2021|||195,891|79,410|275,301|
##
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