2025-03-31-accounts - Hoplite Fund

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Service Non Public Funds Final Accounts, Army Form N1514 Managing Trustee’s Report, Internal Audit (Rev 11/09) Board Report and Independent Examiner’s Report (SORP 2005 compliant) Regimental Accountant Scheme

Unit

Redacted

Address In respect of HOPLITE Fund/Charity the

Charity Commission/Regulator registered number

For the period from 01 APR 2024 to 31 MAR 2025

Managing Trustee(s) during the period:

From	01 APR 2024	to	31 MAR 2025	Name	Redacted
Fund Manager(s) during the period:
From	01 APR 2024	to	31 MAR 2025	Name	Redacted
Internal Auditor(s) during the period:
From	01 APR 2024	to	31 MAR 2025	Name	Redacted

Associate Auditor(s) during the period:

N/A

Regimental Accountant(s) during the period:

From	01 APR 2024	to	18 MAY 2024	Name	Redacted
From	18 MAY 2024	to	07 MAR 2025	Name
From	07 MAR 2025	to	31 MAR 2025	Name

Notes to the Accounts (Paras 2 to 12 are to be completed by all funds which have a gross income of £100K or over and those funds already registered with the Charity Regulator, all other funds are to complete Paras 6 and 7 and the declarations at Para 12):

1. Principal Accounting Policies

a. Accounting Convention. The financial statements are prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ (SORP) 2005 (http://www.charitycommission.gov.uk/investigations/sorp/sorp05docs.asp)

b. Incoming Resources. Income is recognised in the period in which the charity is entitled to receipt, and the amount can be measured with reasonable certainty. Grants from other agencies including donations and other income from activities are in furtherance of the charity’s objects and are part of the general funds of the charity. A restricted fund is only recognised where this is an agreed and explicit condition of the grant or donor.

c. Intangible Income. Due to the close collaborative relationship and the manner in which the charity’s activities compliment those of the Army, intangible income, reflected in time and use of premises is not quantifiable or measurable and so is not recognised in the accounts.

d. Resources Expended and Basis of Allocation of Costs. Expenditure is included when incurred or exceptionally where a commitment is made which requires an accrual when payment is to be made in the subsequent accounting period. Similarly, where prepayments are made in recognition of commitments falling due in a subsequent accounting period, the appropriate credit is entered in the accounts and reversed the following year. Grants payable are included in the SOFA when approved by the Managing Trustee. Expenditure is recognised in the period in which it is incurred. The majority of costs are directly attributable to specific activities. Irrecoverable VAT is charged to the activity for which it was incurred.

e. Governance Costs. Governance costs are the costs of professional advice, holding trustee meetings or committee meetings associated with decision making, any fee for audit or independent examination and any fee incurred in the preparation, statutory filing, printing or copying of the annual report and accounts.

f. Capitalisation and Depreciation of Tangible Fixed Assets. All assets having a purchase value of more than £500 are capitalised. The cost of tangible fixed assets are written off by equal annual instalments over their expected useful lives using the following methods of depreciation:

Furniture, fixtures and equipment - Straight Line over a period of 2 – 10 years. Motor vehicles - Straight Line over a period of 2 – 10 years.

Assets with a life of more than one year but with a purchase value of below £500 are included within the inventory but the cost is written off in the year it is incurred and is not depreciated over the useful life of the asset. Where the asset is depreciated over a period of more than 10 years, details of the item and period are to be provided following the notes on page 14.

g. Fixed Asset Investments. Fixed asset investments are included at market value at the balance sheet date. Any gain or loss on revaluation is shown in the Statement of Financial Activities (SOFA).

h. Stocks. Purchased stocks are valued at the lower cost or net realisable value making due allowance for any obsolete or slow-moving items.

i. Funds Accounting. Funds held by the charity are:

(1) General Purpose/Unrestricted /Designated Funds. These are funds that can be used in accordance with the charitable objects at the discretion of the Managing Trustee. Designated funds are unrestricted funds which have been allocated/earmarked for a particular purpose by the Managing Trustee and are to be declared in the Managing Trustees comments in accordance with Para 12 to these notes stating what they are intended to be used for and when.

(2) Endowment Funds. Endowment funds are those investments and other gifts accepted by the unit, the capital sum or property being held in perpetuity and the income only being available for charitable use.

(3) Restricted Funds. These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is to be included in the notes to the accounts.

j. Heritage Assets. In the course of the unit’s history, the charity may have acquired gifts, memorabilia, regalia, silverware, antiques and other historical artefacts in the course of distinguished military service in service of the Crown. The value of these pieces is in large part derived from their close association with Regimental history which precludes the use of conventional valuation techniques being applied. Whilst the objects of the charity do not specifically include preservation and conservation, the pieces represent an essential element of celebrating the unit’s history and foster esprit-de-corps. Consequently the Managing Trustee considers the charity to hold heritage assets both for functional use and as an element of national history on behalf of the nation. Heritage assets acquired prior to 1 Apr 06 are therefore not capitalised on the balance sheet but a description of those assets is disclosed as part of the notes to the accounts. Heritage assets acquired after 1 Apr 06 where the purchase price is known and which exceed £500.00 are included in he balance sheet at acquisition value but are not depreciated.

k. Other Costs. Other costs are those costs not incurred in the undertaking of charitable activity in furtherance of the objects of the charity, i.e. the provision of facilities, recreational programmes or activities in furtherance of military efficiency. They are also costs incurred in the making of grants and donations, in the costs of generating funds, i.e. the costs incurred in trading or fundraising undertaken by the charity, or in governance costs.

2. Grants Made. (if total grants are over 5% of the charity’s total expenditure).

The charity made the following grants/donations:

Grants to institutions

rants to institutions
Name of institutions	Purpose	Total number of grants given	Total amount of grants paid
N/A
Total grants to institutions

Grants to individuals

rants to individuals
Purpose	Total number of grants given	Total amount of grants paid
Support the SP of the unit under the Governing Document and Charters. All grants approved through a trustee meeting 1/4ly.	19	£63,697.42
Total		£63,697.42

3. Related Party Transactions & Remuneration and Expenses

Whilst the charity has a close working relationship with the Army, there are no transactions with the Army which require disclosure under SORP 2005. The only transactions made by the charity in favour of the unit are wholly attributable to the charitable activities of furthering military efficiency. The Managing Trustee is an officer or equivalent and fulfils the role as trustee in accordance with the applicable laws and regulations. No expenses have been paid to the trustee. In the event that expenses have been paid to the trustee these are disclosed under the Managing Trustee’s comments.

4. Analysis of Capital Property

	Fixtures, fittings & equipment £	Motor vehicles £	Total £
Balance b/f	£0	£0	£0
Purchases	£0	£0	£0
Sales & W/Os	£0	£0	£0
Depreciation	£0	£0	£0
Balance c/f	£0	£0	£0

5. Total Value of Investments by Category

	Value £
Carrying value (market value) at beginning of year	£588,941.08
Add additions to investments at cost (investments purchased)	£0
Less disposals at carrying value (investments sold)	£0
Add/(deduct) net gain/(loss) on revaluation (gain/loss at end of accounting period/audit)	(+)£50,735.47
Carrying value (market value) at end of year	£639,676.55

Breakdown of Market Values at

Year End	GPF/ Unrestricted	Restricted	Endowment	Total value	Income during year
	Value £	Value £	Value £	Value £	Value £
Investment properties	£0	£0	£0	£0	£0
Investments listed on a recognised stock exchange	£0	£0	£0	£0	£0
Investments held in unit trusts or other collective investment schemes	£0	£0	£0	£0	£0
Investments in subsidiary or connected undertakings and companies	£0	£0	£0	£0	£0
Securities not listed on a recognised Stock Exchange	£0	£0	£0	£0	£0
Cash held as part of the investment portfolio	£639,676.55	£0	£0	£639,676.55	£78,850.57
Other investments	£0	£0	£0	£0	£0
Total	£639,676.55	£0	£0	£639,676.55	£78,850.57

6. List of Debtors

Debtor Date of Debt NIL Total	Date of Debt	Amount

There are no amounts falling due after more than one year (delete as appropriate).
List of Creditors

Creditor Date of Credit Leaving function March 2025 Total Redacted	Date of Credit	Date of Credit	Amount	Amount
	March 2025		£1,060.00

			£1,060.00
There are no amounts falling due after more than one year (delete as appropriate). 8. Paid Employees
Gross wages paid Employer’s national insurance paid Pension contributions paid Total staff costs		This year £		Last year £
		7,117.84		Not applicable
		1,071.39		Not applicable
		437.58		Not applicable
		8626.81		Not applicable

There are no amounts falling due after more than one year (delete as appropriate).

8. Paid Employees

Give the number of employees who were engaged in each of the following activities:

Costs of generating funds Charitable activities Other Total	This year	Last year



	£0	£0

No individual employee received a salary of over £60000.00

9. Governance Costs

	This year £	Last year £
Audit or independent examination fee	£0	£0

10. Restricted/Endowment Funds

Give details of the movements of the individual funds summarised in the restricted and endowment column of the Statements of Financial Activities (SOFA).

Fund Name	Fund Bal B/F	Incoming Resources for period	Outgoing Resources for period	Transfers	Gains and Losses	Fund Bal C/F
R001 CHARITY DINNER NIGHT	£57,230.00	£305,973.94	£56,674.23	£306,529.71	-£57,230.00	£0.00
R007 WELL-BEING Redacted	£190.00	1,810.00	1,999.85	£0.00	-£189.85	£0.15
R008 WELL-BEING Redacted	£0.00	£2,000.00	1,749.60	£0.00	£250.40	£250.40
R009 WELL-BEING Redacted	£800.00	£1,200	1,900.00	£0.00	-£700	£100.00
R010 WELL-BEING Redacted	£1,000.00	£1,000	2,000.00	£0.00	-1,000.00	£0.00

R011 WELL-BEING Redacted	£350.00	1,650.00	£2,000	£0.00	-£350.00	£0.00
R012 WELL-BEING Redacted	£2,000.00	£0	1,230.00	£0.00	-£1,230.00	£770.00
R013 WELL-BEING Redacted	£2,000.00	£0	1,000.00	£0.00	-£1,000.00	1,000.00
R023 WELL-BEING Redacted	£1,166.73	£833.27	2,000.00	£0.00	-£1,166.73	£0.00
R024 CHARITY GOLF DAY	£21,947.35	£79,602.44	£47,686.66	£53,863.13	-£21,947.35	£0.00
R050 PAYROLL	£0	£20,000	£12,882.16	£0.00	£7117.84	7,117.84

A brief explanation as to the nature and purpose of the charity’s Restricted Funds is to be provided.

Name of Restricted Fund	Purpose of fund
R001 CHARITY DINNER NIGHT	For annual HOPLITE Charity Trustees Dinner
R007 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R008 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R009 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R010 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R011 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R012 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R013 WELL- BEING Redacted	For the good and benefit of Squadron members Redacted
R023 WELL-BEING Redacted	For the good and benefit of Squadron members Redacted
R024 CHARITY GOLF DAY	For the annual Gold Charity Day.
R050 PAYROLL	For salary and pension related costs pertaining employment of HOPLITE’s X 1 employee.

11. Heritage Assets.

Heritage assets that are owned by the charity but purchased/acquired prior to 1 Apr 06 are not included in the charity’s capital property value (see note 1.j). A list/description of these assets is below:

NIL

12. Declarations

All of the charity’s commitments are provided for in the accounts.

No guarantees have been given to third parties.

The charity has not received any loans that are outstanding at the year-end and secured on assets.

The charity has not granted any loans to institutions or companies connected with the charity.

The charity did not make any ex-gratia payments during the year.

Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed.

The financial activities, assets and liabilities of all the charity’s branches or sections have been included.

The trustees have not changed the year end date or the length of the charity’s financial year.

The charity has no designated funds (if there are designated funds the reason for designation and when each designated fund is intended to be used by is to be stated in the Managing Trustee report).

All the charity’s operations are continuing operations and there were no operations discontinued or acquired during the year.

No funds (unrestricted, designated, restricted or endowment) are in deficit at the balance sheet date.

The charity has no intangible assets.

There were no inter-fund loans outstanding at the balance sheet date.

None of the charity’s functional fixed assets have been re-valued during the year and the charity does not have a policy of revaluation of these assets.

The charity has no subsidiary companies.

The charity has no material fixed assets which have not been capitalised and included in the balance sheet.

No internal transfers have occurred out of restricted/endowment funds. In the event that a transfer has taken place, full details of the reason for the transfer are disclosed in the Managing Trustee’s comments.

All investments held are investment assets in the UK unless otherwise stated.

Note: Where any of the declarations are not correct, they are to be crossed out and details provided in the Managing Trustees comments.

Additional comments:

I am content that the HOPLITE charity fund is being managed correctly and in accordance with ScF regulations. I receive monthly updates from the RAO and we hold 1/4ly trustee meeting to discuss grants and donations. Our annual event proved fruitful again this year providing a great source of income and a good year for our investments has seen us grow our overall wealth by £156,676.43 to £1.362,360.18.

Signature

Redacted

Name

Redacted

Date:

Appointment

Regimental 2IC

23rd September 2025

Managing Trustee’s Annual Report and Comments:

Unit: Redacted

Address:

Redacted

Charity name and Charity Commission/Regulator registered number: N/A

Description of the charity’s trusts

This should include:

a. Details, including date if known of the charity’s governing document (e.g. trust deed, will, constitution etc); and

b. A brief explanation of the charity’s objects.

Where applicable, you may choose to give details of any specific investment powers of the charity.

Governing Document (e.g. Trust Deed, Constitution)	Service Fund Regulations Constitution dated Mar 2016 under review

Objects of the Charity	The promotion of efficiency of the Armed Forces of the crown by the provision and support of facilities and activities for the efficiency and well-being of service personnel.

Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended.

Trustee selection method	Managing Trustee selected on appointment as Commanding Officer.

Trustee induction and training	The Managing Trustee has attended the Commanding Officer (Designate) Course. The Senior Fund Manager is required to complete the FM e-learning Course which is hosted on the DLE within 1 month of assuming the appt.

Explain about what the charity is trying to do and how it is going about it. You are only required to provide a brief summary of the main activities and achievements of the charity during the year in relation to its objects.

Summary of main activities in relation to the Charity’s objects	To provide all members (past,present and future) of with a charitable fund that delivers support to welfare and cohesive activities. Redacted
Summary of main achievements of the Charity during the year	The Charity Dinner Night

Provide a brief review of the financial position of the charity. This should include the principal types of income.

	Financial Review	The Fund is still reliant on the Income from the annual charity Dinner Night, any Fund-raising activities, Grants, Donations as well as the Investment portfolio. These are the principal types of income of the Hoplite Fund

The Managing Trustee should give in their report a description of the following policies:

a. For the selection of investments for the charity.

b. For determining the level of income reserves held, stating and explaining the level of reserves held.

c. Where grants are made by the charity, the selection of individuals and institutions who are to receive grants out of the assets of the charity.

Financial reserves policy	The reserve policy is drafted and will be in place for the next financial year.

Investments selection policy and performance of those investments.	The Hoplite Fund has an Investment Portfolio that is managed by Charles Stanley & Co Ltd. The portfolio is a Medium

Provide the name of all trustees/the Managing Trustee(s) during the report year.

Managing Trustee’s name/trustees’ names	Redacted

Serious Incidents	Nil

Public Benefit Statement	The fund provides public benefit by assisting service personnel to more effectively perform their roles within the Armed Forces of the Crown. This assistance enables service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork, skills, fitness, confidence, character, spirit and attitude and morale*. As a result, the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the British Army’s capability to undertake the roles demanded of it including the defence of the United Kingdom and its interests. I confirm that I have paid due regard to the Charity Commission of England and Wales ‘guidance on public benefit when deciding what activities the charity should undertake.

Additional comments (include any declarations which were not correct (Pg 10-12)):

The HOPLITE continues to grow year on year and we have successfully employed a CS to manage the daily running of the HOPLITE branding. Our CDN is our main source of income and continues to grow exponentially.

Our new Governing document should be complete in the next ½ months along with a reserve policy which is drafted but awaiting trustee sign off.

We are exploring options with other banks to make our money work harder and I am content with our investment growth this year.

Overall a good well managed account.

23rd September 2025 Date:

Redacted

Signature Name Redacted Appointment Commanding Officer

Internal Auditor’s/Audit Board Report

I ~~/We~~ have examined the books of account and records from which the final accounts were prepared and have obtained all the information and explanations that were necessary for the purpose of my/ ~~our~~ internal audit.
*I ~~/We~~ certify that end of period checks have been conducted in accordance with Service Funds Regulations.
Subject to the observations given below I am/ ~~we are~~ * satisfied that proper books of account have been kept and that the final accounts give a true and fair view of the results of transactions over the period and of the state of the Fund’s affairs as at the date of the balance sheet. Subject also to my/ ~~our~~ observations I am/ ~~we are~~ satisfied that cash and bank balances and stocks on hand have been properly checked at prescribed intervals and that adequate insurance exists.
*I ~~/We~~ have stamped and signed the original books of account and the original records I/ ~~we~~ have checked. All vouchers relating to this account period have been cancelled.
*I ~~/We~~ have made the following observations whilst carrying out the internal audit:
a) Management. The HOPLITE fund manager fully understands the fund’s purpose and conducts various checks monthly. The fund has its own governance through its trustees and is subjected to MAS(A) inspection due to the amount held. The RA has been changed 2 times (May 2024, March 2025) in the year with various degrees of experience. The HOPLITE fund overall saw an increase of £ 156,676.43. The fund is healthy and being used correctly.
b) Fund manager checks. Are being conducted in accordance with policy and are reviewed monthly through the RA, RAO and the FM.
c) Stock checks. A small quantity of t-shirts was held on stock (£258.72) in the year 2024/25, has since been unaccounted for and investigated as such this accounts for the odd figures in our close down of stock as they have been removed. There was also an issue with stock held due to the wrong process being conducted at the closedown in 23/24 by the outgoing accountant at that time.
d) Internal transfers . The large internal transfer figures are due to the two main event that generate income for the charity. Both the CDN and Golf event collected money through these RCODES and as such these needed to be moved back to GPF for the benefit of all. Next year only the figures required to spend will be added to the RCODEs with all income solely through the GPF.
e) Investments. HOPLITE investments have seen a gain in value of £50,735.47.
f) Restricted funds. Show a net loss of £77,445.69 this is due to the transfer of internal funds comments above.
g) Policy . Governing documents and charter are under review with a newly employed Fund Security and Admin team all drafted awaiting approval.

Redacted Signature Name Redacted Appointment RAO

Date: 23rd September 2025

Comd/SO2 SPS – Independent Examiner’s Report on the Accounts, and Comments

Respective Responsibilities of Trustees and Examiner

The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.

It is my responsibility to:

a. Examine the accounts (under section 43(3)(a) of the Act).
b. Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act).
c. State whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention (other than that disclosed overleaf*):

a. Which gives me reasonable cause to believe that in any material respect the requirements:
(1) To keep accounting records in accordance with section 41 of the 1993 Act:
(2) To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act:

have not been met.

b. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Delete as applicable.

Comd/SO2 SPS – Independent Examiner’s Report on the Accounts, and Comments

Disclosure Section (Only to be completed if the examiner needs to highlight material problems/discrepancies)

Give here brief details of any items that the examiner wishes to disclose

Comd/SO2 SPS Comments

(1) The Total Funds from financial activities have increased from £1,205,683.75 to £1,362,360.18 during this Audit Period.

(2) The Fund is very healthy and continues to grow, predominantly as a result of additional income generated by the annual charity dinner night, but also through better investment performance in comparison to the previous audit period. The FM must consider that growth year on year without either an expenditure plan must be justified within the financial plan.

(3) The Expenditure of the Fund is in keeping with the income and assets of the fund.

Date:

9th October 2025

Redacted

Independent Examiner’s Signature

Redacted Name __

Appointment SO2 SPS 160X

Statement of Finan¢i21 Activities as at 3110312025 Paxton+ Pagelofl Printed: 0411212025 HOPLITE FUND Unrestricte(V Designate(VGPF Funds Restricted Funds Endowment Funds Total Funds Previous Period Total Funds ncoming Resources oluntary Income ctivities for Generdting Funds nvestment Income Income Resources from haiitable Activities ther Incomin Resources otal Incomin Resources esources Expended Cost of enerating Funds nvestment Management Costs osts of Generating Funds haritable Activities overnance Costs rants and Donations ther Costs otal Resources Ex ended et Incomingloutgoing esources Before Transfers ransfers 21,332.15 458,813.26 93,548.11 0.00 0.00 0.00 0.00 0.00 0.00 21,332.15 458,813.26 93,548.11 39,200.30 10,193.38 12,363.89 14,228.45 199.50 588 121.47 414,069.65 0.00 414 069.65 0.00 0.00 0.00 428,298.10 199.50 1002 191.12 389,254.74 300.00 451312.31 44,322.96 113.924.91 130,626.06 1.428.00 63,697.42 0.00 353 999.35 0.00 0.00 131,122.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44,322.96 l13.924.91 261,748.56 1,428.00 63,697.42 0.00 485 121.85 25,466.40 74,305.25 454,727.00 212.00 28,417.18 177.80 131122.50 234,122.12 282,947.15 0.00 517,069.27 -131,993.32 ross transfers between funds internal transfers) et Incoming resources befor holdln 22ins And losses Holding GainslLosses ains on revaluation of the harity's fixed assets Unrealised GainslLosses on investment assets Net Movement in Funds econciliation of Funds otal funds brought fonvard from previous year otal funds carried forward 0.00 -360,392.84 0.00 -360,392.84 286,704.26 234,122.12 -77,445.69 0.00 156,676.43 154,710.94 0.00 0.00 0.00 0.00 0.00 0.00 234,122.12 0.00 -77,445.69 0.00 0.00 0.00 J56 676.43 0.00 154,710.94 0.00 1,118,999.67 86,684.08 1,205,683.75 53 121.79 9 238.39 0.00 1,362J60.18

Paxton+ Ba12nce Sheet- March 2025 Page l of 3 Printed: 0411212025 HOPLITE FUND March 2025 End of last ear Balance Fixed Assets 0.00 CAPITAL PROPERTY 588,941.08 HOPLITE INVESTMENTS 0.00 639,676.55 588.941.08 Totsl Fixed Assets 639,676.55 Current Assets 211,372.64 Current bank account 405,003.51 HOPLITE 35 DAY ACCOUNT 0.00 Debtors 366.52 STOCK ON HAND 616,742.67 Total Current Assets 302.055.14 421,171.05 0.00 517.44 723,743.63 1,205,683.75 Total Assets 1,363,420.18 Liabilities 0.00 Creditors 0.00 SUSPENSE ACCOUNT 0.00 VAT control 0.00 VAT payable 1,060.00 0.00 0.00 0.00 0.00 Total Liabilities (1,060,00) 1,205,683.75 Totsl Assets Minus Liabilities 1,362,360.18 Totsl Funds 86,684.08 Total Restricted Funds 0.00 Total Endowment Funds 0.00 Total Designated Funds 1,118,999.67 Accumulated Trading & GPF 9,238.39 0.00 0.00 1,353,121.79 1,205,683.75 Toial Funds 1,362,360.18

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Paxton+ Balance Sheet - March 2025 Page3 of 3 Printed: 0411212025 HOPLITE FUND End of last ear 16th April 2025 Balanc¢ Date -

Paxton+ Income and Expenditure - Detailed - March 2025 Page l of 12 Printed: 0411212025 HOPLITE FUND March 2025 Turnover this month Turnover e to date GPF Analysis tncome Voluntary Income GOO I GRANTS G003 DONATION G049 VOLUNTARY INCOME (R400-R4 0.00 4.88 0.00 0.00 21,332.15 0.00 4.88 21,332.15 Activities for Generating Funds G050 HOPLITE LODGE- CORNWALL G051 HOPLITE LODGE - COTSWOLD G056 REGIMENT IMPROVEMENTS GI 00 FUNCTIONS INCOME G115 SQUARE 0.00 300.00 0.00 0.00 0.00 loo.00 965.00 0.00 378,892.84 78,855.42 300.00 458,813.26 Investment Income G125 BANK INTEREST G126 [NVEsTfvNT GAIN 876.98 0.00 14,967.54 78,580.57 876.98 93,548.11 Income Resources from Charitable Activiti Trading Income G I50 WELFARE RECEIPTS G155 SPORT- RECEIPTS G200 FAMILY SUPPORT PART-CONTR G299 CHARITABLE ACT (ROO I-R299) 0.00 0.00 0.00 600.00 0.00 0.00 0.00 0.00 600.00 13,628.45 600.00 14,228.45 Other Income Non Primary Putpose Trading Income G300 CAPITAL PROPERTY G304 UNKNOWN BACS G399 OTHER INCOME (R300-R399) 0.00 0.00 0.00 0.00 0.00 0.00 199.50 0.00 0.00 199.50 Internal Transfers In G400 T114NSFER 0.00 0.00 0.00 0.00 Gains on Revaluation of Fixed Assets 0.00 0.00 Unrealised Gains on Investment Assets 0.00 0.00 GPF Total Income 1,781.86 588,121.47

Paxton+ Income and Expenditure- Detsiled - March 2025 Page 2 of 12 Printed: 0411212025 HOPLITE FUND Turnover this month Tumover ear to date Expendituré Investment Management Costs G501 LOSS ON INVESTMENTS G502 REGIMENT IMPROVEMENTS 0.00 0.00 27,845.10 16,477.86 0.00 44,322.96 Costs of Generating Funds G520 LODGE EXPENDITURE CORNW G524 FAMILY PERSONAL CONTRIBU G525 SPORTS G526 GARRJSON WELFARE 0.00 0.00 0.00 1,570.00 46,590.00 0.00 38,381.43 28,953.48 1,570.00 113,924.91 Charitable Activities Trading costs G600 FUNCTIONS EXPENDITURE G603 FAMILY SUPPORT G604 LODGES - COTSWOLD G605 REGT PAINTTNG G607 HOPLITE LOGO AKD BRANDfN, G608 GARDEN OF REFLECTION G610 FifNERAL SUPPORT G61 I REMEMBFANCE G620 VAT co[ROL G749 CHARITABLE ACT (ROOI-R299) -258.72 0.00 3,985.44 16,606.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -150.92 4.290.67 43,823.82 61,117.30 4,000.00 0.00 0.00 2,000.00 1,916.74 0.00 13,628.45 20,333.32 130,626.06 Governance Costs G750 tNSURANCE G754 FRAMING 0.00 0.00 1,428.00 0.00 0.00 1,428.00 Grants and Donations G770 GRANTS G77 I DONATION G772 FLOWERS G773 GlFrs G776 RESIDENTIAL TRIP G777 EXPENSES G778 NATUiiALISATION COSTS G799 GRANTS & DONATIONS (R400-F 0.00 -797.63 0.00 0.00 0.00 211.69 1,830.00 0.00 8,727.87 6,452.37 58.50 1,664.55 20,016.52 21,287.61 5,490.00 0.00 1,244.06 63,697.42 Other Costs Non Primary Trading Costs G80 I CAPITAL PROPERTY DEPRECIA G802 WRJTE OFF G805 MEMBERSHIPISUBSCRIPTIONS G809 UNKNOWN BACS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Paxton+ Income and Expenditure - Detailed - March 2025 Page 3 of 12 Printed: 0411212025 HOPLrfE FUND Turnover this month 0.00 Turnover 0.00 ear to date G899 OTHER COSTS (R300-R399) 0.00 0.00 Internal Transfers Out G900 TRANSFER our 0.00 0.00 0.00 0.00 Unrealised Losses on Investments 0.00 0.00 GPF Total Expenditure 23.147.38 353,999.35 GPF Income Over Expenditure -21,365.52 234,122.12

Paxton+ Income and Expenditure- Detailed - March 2025 Page 4 of 12 Printed: 0411212025 HOPLITE FUND Turnover this month Turnover ear to date Trading Account Analysis Trading Expenditure TOO I OPENtNG TRADING STOCK T002 TRADING STOCK PURCHASES T003 CLOSING TRADfNG STOCKS T004 WRITE OFF T006 TRADfNG COST ITEMS T007 TRADtNG EXPENSES 0.00 0.00 -258.72 0.00 0.00 0.00 258.72 0.00 -409.64 0.00 0.00 0.00 Trading Income T008 SALES 0.00 0.00 Income Over Expendittwe 258.72 150.92 Non Primary Purpose Trading Analysis Trading Expendilmre Trading Income Income Over Expenditure 0.00 0.00

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