2023-03-31-accounts

Contents ofthe Financial Statements
for thc Year Ended 3I March 2023

Report ofthc	Trustees			l	to	5
Independent	Examiner's Report
Statement of	Financial	Atmvities
Balance Sheet
Notes to the Financial		Statements		9	to	14
Detailed Statement of		Financial	Activities	IS	to	I6

						2023	2022
						Total	Total
						Ibnds	funds
INCOME	AND ENDOWMENTS			FROM		8
Donations	and legacies
						2.114	352
Investment	income R	interest				37.373	39,733
Toml
						39,487	40.085
EXPENDITURE ON
Raising I'unde					3,5
						11,821	13,082
Charitable	actlvltles
General funds
						326,717	10.502
						2,080	2,556
Total						340,618	26,140
Net (losses)/gains on investmenm						(170,064)	18,458
NET INCOME / (EXPENDITURE)						(471,I95)	3L403
RECONCILIATION		OF FUNDS
Totalfunds	broughtforuard					1.421.733	1389,330
TOTAL FUNDS CAtttttKD			FORWARD			95043S	1,421,733

	Balance Sheet
	31 March 2023
		2023	2022
		Unrmtrictcd	Total
FIXEDASSETS		funds	fundsf
investments
		935.508	1.401,279
CURRENT ASSETS
Cash at bank
		17,185	22,633
CREDITORS
Amounts falling due within onc year		(2,155)	(2,179)
NKT CURRENT ASSETS		15,030	20.454
TOTAL ASSETS LESSCURRENT LIABILITIES		950338	1,421,733
TASSETS		950,538	1.421.733
FUNDS		950.538	1.421.733
Unrestricted funds
TOTAI. FUNDS		950,538	1,421.733

			2023	2022
Dividend	Income		36,000	39.7I2
Deposit	Account	interest	33	21
Other investment		Income	1,340
			37,373	39,733

Raising donations and kgacies	Raising donations and kgacies	Raising donations and kgacies		2023	2022
					8
Managcmcnt Support Costs (see note 5)				4,743	4300
GRANTS	PAYABLE
				2023	2022
				f
				325,849	9,928
Grants to	Individuals			25,849	9,928
Grants to	Institutions
The Tank	Museum
				325,849	9.928
300,000was paid as a grant toThe Tank Museum for rc(hrhishmcnt			ofthc Memorial	Room.
UPPORT	COSTS
			Management	Other	Totals
Raising donations and legacies			4,743	85	4380
Investment	management	costs		6,993	6,993
Other resources expended				2,080	2,080
			4,743	9,158	13,901

TAFF	COSTS
		2023	2022
Wages	and salaries	2,856	2.774
Other	pension costs	195	189
		3.051	2.963

		2023	2022
o cmployccs received emolumennr	m excess off60,000.
IXEDASSET INVESTMENTS
			Listed
			Investments
			f
MARKET VALUE
At I Apri12022			1,401.279
Additions			186.418
Disposals			(50,983)
Revaluations			(150406)
As at31 March 2023			935,508
NET BOOK VALUE
At 31March 2023			935,508
Al 31 March 2022			1,401,279

CREDIORS: AMOU	NTS F	A	LL)N	G	DUE 9VITHIN ON	E YEAR
							2023	2022
							f	f
Other creditors
							2,155	2,179
							2,155	2,179
MOVEMENT IN FUNDS
Umcstricted funds					Al 1.4.22 f	Net movcmcnt in funds f	Transfers between funds f	At 31.323 f
General fhnd					1.421,733	(471,195)		950438
TOTALFUNDS					1,421,733	(471.195)		950,538
Net movement in funds, included		in thc		above arc as follows:
Umcstricted funds					Incoming rcsoutccs f	Resources expended f	Gains and losses f	Movemenl in funtLsf
General fund TOTALFUNDS					39339 39439	(340,370) (340.370)	(170,064) (170,064)	(471,195) (471.195)
Comparatlves for movement		in	fuads				Nct
Umusuicted funds						At 1.4.21 f	Movement in IImds f	At 31.3,22
General fund Computer f78od						1389,07I	32.662 (259)	1,421,733
						1,389,330	32.403	1,421,733
TOTAL FUNDS						2.389330	32.403	1,421733
Comparative net movemcot	la funds, included				in tbe above are as follows;
Unrestricted funds				Incoming fcsoutccs f		Rcsourcm cxpcndcd f	Gains and lossesf	Movemcnt in funcLsf
General fund					40.083	(26.138)	18,458	32,403
Computer fimd
TOTALFUNDS					40,083 40,083	(26,138) (26,138)	18,458 18,458	32,403 32,403

				The Royal Armoured Corps Mem	The Royal Armoured Corps Mem	orial Tntst	orial Tntst
				Detailed gtntemeat ofFtnamdnl		Activities
				Fortbe Year Ended 31Marsh 2023
								2023	2022
									f
INCOME AND		ENDOWMEI5IIS
Donations and legacies
Donations								2,114	352
lnvcstmcnt income dt Interest
Dividend income							36,000		39,712
Deposit account		interest						33	21
Other investment		income						1.340
							37,373		39,733
Total Incoming	tesout7ccs						39,487
EXPENDITURE
Ouuitabie actividcs
Fnprit, Wreaths	and Memoris1s								574
Grants payable							3&.049		9.930
							326,717		10.502
Support costs
Management
Wages and ostionai insurance							2,856		2,774
Pensions
								195	189
insurance
								727	718
Office and computer			repaim					208	292
Postage and stationery									165
Bookkcettina
									52
Committee cxpenscs								708	275
							4.743		4.465
Accountancy							2,080		1,980
Portfolio fees							6,993		8.582
Legs I and advisory		fees							576
Subsctiptions								85	35
							9,	150	11.175
Total msourccs expcndcd							340.4117
Net (cxpendinnu)	/	income		befom gains and losses			7301.731)		13,945
				This page does not form part ofthe statutory	financial		easements

Realised rccogaized gains and losses
Realised gains /(losses) on fixed asset btvestments
Net (expenditure) / income