2021-03-31-accounts - The Royal Armoured Corps Memorial Trust

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		Page
Report ofthe Trustees	1	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	9	to	15

		fo	r the Year Ended 31March 2	021
				2021	2020
				Unrestricted	Total
				funds	funds
			Notes
INCOME	AND ENDOWMENTS FROM
Donations	and legacies			1,639	2,133
Investment	income 8'c Interest			39,180	44,790
Total				40,819	46,923
EXPENDITURE ON
Raising funds				11,627	20,936
Charitable	activities
General funds
				17,236	56,805
Other				1,980
Total				30,843	77,741
Net gains/(losses) on investments				194,223	~l33,756)
NET INCOME/(EXPENDITURE)				204,199	(164,574)
RECONCILIATION		OF FUNDS
Total funds	brought forward			1,185,131	1,349,705
TOTAL FUNDS CARRIED FORWARD				1,389,330	1,185,131

				2021	2020
				Unrestricted	Total
FIXEDASSETS			Notes	funds	funds
Investments
CURRENT ASSETS				1,343,286	1,050,048
Cash at bank
CREDITORS				53,845	143,189
Amounts falling due within one year
				(7,801)	(8,106)
NET CURRENT ASSETS
				46,044	135,083
TOTAL ASSETSLESSCURRENT		LIABILITIES		1,389,330	1,185,131
NET ASSETS
				1,389,330	1,185,131
FUNDS Unrestricted funds			10
				1,389,330	1,185,131
TOTAL FUNDS
				1,389,330	1,185,131
The financial statements signed on its behalf by:	were approved	by the Board of	Trustees and authorised	for issue on ..........E..65. ...8f..........,and were

Raising donations and
			2021	2020
Support costs			4,072	7,520
GRANTS PAYABLE
			2021	2020
General funds
			11,753	33,946
The total grants paid to individuals	during the year was as follows:
			2021	2020
Grants to Individuals			11,753	33,946
SUPPORT COSTS
		Management	Other	Totals
Raising donations and legacies Investment management costs Other resources expended		4,037	35 7,555 1,980	4,072 7,555 1,980
		4,037	9,570	13,607

	TRUSTEES' REMUNE Trustees' expenses	TRUSTEES' REMUNE Trustees' expenses	RATION AND	RATION AND	BENEFITS- continued	BENEFITS- continued	BENEFITS- continued
	During the year ended 31		March 2021,no		trustees received reimbursement			for expenses totalling (2020:			f214).
7.	STAFF COSTS
										2021		2020
	Wages and salaries
	Other pension costs									2,746		2,696
										187		181
										2,933		2,877
	Amounts included consortium.	within	staff costs are		a percentage	attributed	of the	total	costs split	between	the	wider charity
	The average monthly	number ofemployees			during the year	was as follows:
	Head Count									2021		2020
										1		1
	No employees received emoluments			in excess off60,000.
.	FIXEDASSETINVESTMENTS
												Listed
												investments
	MARKET VALUE
	At 1 April 2020 Additions											1,050,048
	Disposals											395,341
	Revaluations											(346,473)
												244,370
	At 31March 2021
												1,343,286
	NET BOOK VALUE
	At 31March 2021
												1,343,286
	At 31March 2020
												1,050,048

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted	funds
General fund			40,818	(30,843)	194,223	204,198
Computer fund			1			1
			40,819	~30,843)	194,223	204,199
TOTAL FUNDS			40,819	(30,843)	194,223	204,199
Comparatives	for movement	in funds

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General fund			46,921	(77,741)	(133,756)	(164,576)
Computer	fund		2			2
			46,923	~77,741)	(133,756)	~164,574)
TOTAL	FUNDS		46,923	~77,741)	(133,756)	(164,574)

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General fund			87,739	(108,584)	60,467	39,622
Computer	f)md		3			3
			87,742	~)08,584	60,467	39,625
TOTAL	FUNDS		87,742	~108,584)	60,467	39,625