| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to 10 | |
| Report ofthe Independent Auditors |
11to 13 | |
| Statement ofFinancial | Activities | 14 |
| Balance Sheet | 15 | |
| Cash Flow Statement | 16 | |
| Notes to the Financial | Statements | 17to 26 |
| Detailed Statement ofFinancial Activities | 27 to 29 |
| REFERENCE AND ADMINISTRATIVE | REFERENCE AND ADMINISTRATIVE | REFERENCE AND ADMINISTRATIVE | DETAILS | DETAILS | ||
|---|---|---|---|---|---|---|
| Registered Charity number |
||||||
| 1119071 | ||||||
| Principal address | ||||||
| RHQ The Rifles | ||||||
| Peninsula Barracks |
||||||
| Romsey Road | ||||||
| Winchester | ||||||
| Hampshire | ||||||
| SO23 8TS | ||||||
| Trustees | ||||||
| General Sir Patnck Nicholas Yardley Monrad | Sanders KCBCBEDSO ADC Gen | |||||
| Major General Rupert Timothy Herbert |
Jones CBE - Retired 6 July 2021 | |||||
| Major General Thomas Richardson | Copinger-Symes CBE |
|||||
| Brigadier TH Bewick OBE | ||||||
| Brigadier Charles Seymore Collins | DSO OBE | |||||
| Brigadier Mark Christian Peter Wilson MBE |
- Appointed | 29 July 2021 | ||||
| Brigadier Daniel Reeve MC | ||||||
| Colonel Ralph Arundefl | ||||||
| Colonel Ashley Raymond Fulford |
OBE | |||||
| Colonel Nikola lhc MBEQGM | ||||||
| Lieutenant Colonel Peter James Alexander |
Balls | OBE | ||||
| Lieutenant Colonel Peter Dominick |
Browne | MBE - Retired 30September 2021 | ||||
| Lieutenant Colonel John Alexander |
Poole-Warren | MBE | ||||
| Lieutenant Colonel Simon David Gray MBE |
||||||
| Captain David Alexander McCutcheon |
-Retired | 1 July 2021 | ||||
| Jeremy Michael Archer | ||||||
| Simon Charles Hazlitt | ||||||
| Andrew George Wycliffe Jackson | ||||||
| Rebecca Charlotte Maciejewska —Appointed |
30 | September 2021 | ||||
| Oliver Rupert Marsh | ||||||
| Henry Charles Steel |
| Year ended | Year ended | ||||||
|---|---|---|---|---|---|---|---|
| 31.12.21 | 31.1220 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | 8 | 8 | |||||
| INCOME FROM | |||||||
| Donations and legacies |
649,756 | 1,543 | 651,299 | 235,596 | |||
| Investment income |
216,387 | 15,388 | 231,775 | 303,224 | |||
| Charitable activities |
|||||||
| Green Jacket Close | 63,614 | 63,614 | 66,384 | ||||
| Total | 866,143 | 80,545 | 946,688 | 605,204 | |||
| EXPENDITURE | ON | ||||||
| Raising funds Charitable activities |
69,450 500,436 |
4,704 116,631 |
74,154 617,066 |
65,126 583,723 |
|||
| Total | 569,886 | 121,335 | 691,221 | 648,849 | |||
| Net (losses)/gains | on investments | 1,397,261 | 99,588 | 1,496,849 | 1,508,626 | ||
| Net (expenditure)/income | 1,693,518 | 58,798 | 1,752,316 | 1,464,981 | |||
| Transfer between | funds | ||||||
| Net movement in |
funds | 1,693,518 | 58,798 | 1,752,316 | 1,464,981 | ||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 15,588,152 | 6,531,606 | 22,119,758 | 20,654,777 | ||
| TOTAL FUNDS | CARRIED FORWARD | 17,281,670 | 6,590,404 | 23,872,074 | 22,119,758 |
| Notes | 2021I | 2020 | |
|---|---|---|---|
| FIXEDASSETS | |||
| Tangible assets | 13 | 5,345,000 | 5 345 000 |
| Investments | 14 | 18,270,924 | 16,649,075 |
| 23,615,924 | 21,994,075 | ||
| CURRENT ASSETS | |||
| Debtors | 15 | 195,187 | 91,008 |
| Cash at bank | 16 | 129,803 | 110,540 |
| 324,990 | 201,548 | ||
| CREDITORS | |||
| Amounts falling due within one year |
17 | (68,840) | (75,865) |
| NET CURRENT ASSETS | 256,150 | 125,683 | |
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 23,872,074 | 22,119,758 |
| NET ASSETS | 23,872,074 | 22,119,758 | |
| FUNDS | 19 | ||
| Unrestricted funds |
17,281,670 | 15,588,152 | |
| Restricted funds |
6,590,404 | 6,531,606 | |
| 23,872,074 | 22,119,758 |
| 2021 | 2020 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | g | ||||||||||||
| Cash flows from operating | activities: | ||||||||||||
| Cash generated from operations |
144,254 | 50,728 | |||||||||||
| Net cash provided by |
(used in) operating | activities | 144,254 | 50,728 | |||||||||
| Cash flows from investing | activities | ||||||||||||
| Purchase offixed asset | investments | (5,176,499) | (5,712,227) | ||||||||||
| Sale offixed asset investments | 5,051,499 | 5,712,227 | |||||||||||
| Interest received | 10 | 89 | |||||||||||
| Net cash provided by |
(used in) investing | activities | (124,990) | ||||||||||
| Change in cash and cash | equivalents | in | the reporting | period | 19,263 | 50,817 | |||||||
| 110,540 | 59,723 | ||||||||||||
| Cash and cash equivalents | at the | end | ofthe reporting | period | 129,804 | 110,540 | |||||||
| 1. RECONCILIATION | OF NET | (EXPENDITURE)/INCOME | TO NET CASH FLOW FROM | OPERATING | |||||||||
| ACTIVITIES | |||||||||||||
| 2021 | 2020 | ||||||||||||
| g | |||||||||||||
| Net (expenditure)/income |
for | the | reporting | period | (as | per | the | ||||||
| statement offinancial | activities) | 1,752,316 | 1,464,981 | ||||||||||
| (Gain)/Loss on investments |
(1,496,849) | (1,508,626) | |||||||||||
| Interest received | (10) | (89) | |||||||||||
| (Increase)/Decrease in |
debtors | (104,178) | 82,624 | ||||||||||
| Increase/(Decrease) in |
creditors | (7,025) | 11,838 | ||||||||||
| 144,254 | 50,728 | ||||||||||||
| ANALYSIS OF CHANGES | IN NET | (DEBT)/FUNDS | |||||||||||
| At 01.01.21 | Cash flow | At 31.12.21 | |||||||||||
| Net cash | |||||||||||||
| Cash at bank | 110,540 | 18,995 | 129,535 | ||||||||||
| 110,540 | 18,995 | 129,535 | |||||||||||
| Total | 110,540 | 18,995 | 129,535 |
| DONATIO | N | S AND LEGACIE |
S | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Year ended | Year ended | |||||
| funds | funds | 31.12.21 | 31.12.20 | |||||
| g | g | |||||||
| Regimental | subscriptions | 147,244 | 40 | 147,284 | 155,865 | |||
| Subscriptions | -RGILadies Guild | 565 | 565 | 788 | ||||
| Donations | - | general | 6,731 | 638 | 7,369 | 11,289 | ||
| Donations | - | C4C appeal | 130,764 | 130,764 | 67,054 | |||
| Donations | - | Joanne Booth-Mason | Memorial Fund | 269 | 300 | 569 | 600 | |
| Legacy income | 364,748 | 364,748 | ||||||
| 649,756 | 1,543 | 651,299 | 235,596 | |||||
| INVESTMENT INCOME | ||||||||
| Unrestricted | Restricted | Year ended | Year ended | |||||
| funds | funds | 31.12.21 | 31.12.20 | |||||
| g | g | |||||||
| Investment | income - general | 216,377 | 216,377 | 281,750 | ||||
| Investment | income - RGJ Ladies | Guild | 3,170 | 3,170 | 4,168 | |||
| Investment | income - GJClose | 5,556 | 5,556 | 7,554 | ||||
| Investment | income - Peter Bateman bursary | 230 | 230 | 373 | ||||
| Investment | income - Joanne Booth Mason Memorial | Fund | 210 | 210 | 383 | |||
| Investment | income - Margaret Phillips Legacy | 6,222 | 6,222 | 8,907 | ||||
| Deposit account interest - general | 10 | 10 | 89 | |||||
| 216,387 | 15,388 | 231,775 | 303,224 | |||||
| CHARITABLE ACTIVITIES | ||||||||
| Year ended | Year ended | |||||||
| 31.12.21 | 31.12.20 | |||||||
| Activity | 8 | |||||||
| Maintenance | charge | Green Jacket | Close | 63,614 | 66,384 |
| Unrestricted | Restricted | Year ended | Year ended | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 31.12.21 | 31.12.20 | |||||
| investment management |
fees | 66,437 | 4,704 | 71,141 | 63,860 | |||
| C4C fundrmsmg | cosis | 3,013 | 3,013 | 1,266 | ||||
| 69,450 | 4,704 | 74,154 | 65,126 | |||||
| CHARITABLE ACTIVITIES | COSTS | |||||||
| Grant funding | Support | |||||||
| Direct | ofactivities | costs | ||||||
| costs | (see note 7) | (sce note 8) | Totals | |||||
| RHQ | 39,936 | 393,818 | 66,681 | 500,436 | ||||
| Green Jacket Close | 82,157 | 348 | 82,505 | |||||
| RGJ Ladies Guild | 2,625 | 2,625 | ||||||
| Peter Bateman | bursary | 2,670 | 2,670 | |||||
| Joanne Booth-Mason Memonal Fund |
4,836 | 4,836 | ||||||
| Margaret Phillips Legacy Fund | 23,995 | 23,995 | ||||||
| 122,093 | 427,944 | 67,030 | 617,066 | |||||
| GRANTS PAYABLE | ||||||||
| Year ended | Yearended | |||||||
| 31.12.21 | 31.12.20 | |||||||
| 8 | ||||||||
| Grants to other | Charities | 60,000 | 60,000 | |||||
| Through RI-IQ |
333,818 | 344,154 | ||||||
| RGJ LaChes Guild | 2,625 | 3,600 | ||||||
| Grants through | Peter Batsman | Bursary | 2,670 | 1,770 | ||||
| Grants through | Joanne | Booth | Mason Memorial Fund | 4,836 | 6,211 | |||
| Grants through | John Hams (DLU Bequest Fund | |||||||
| Grants through | Margaret Phdlips | Legacy Fund | 23,995 | 29,407 | ||||
| 427,944 | 445,142 | |||||||
| Total ofgrants | paid during the year was as follows: | |||||||
| Year ended | Yearendcd | |||||||
| 31.12.21 | 31.12.20 | |||||||
| ABF (The Soldiers' Charity) | 60,000 | 60,000 | ||||||
| Grants to battalions (Through |
RHQ) | 60,000 | 52,000 | |||||
| C4C (Through | RHQ) | 42,968 | 63,851 | |||||
| Through RHQ | 230,850 | 228,303 | ||||||
| 393,818 | 404,154 | |||||||
| RGJ Ladies Guild Chnstmas | grmtts | 2,625 | 3,600 | |||||
| Peter Bateman | bursary | grants | 2,670 | 1,770 | ||||
| Joanne Booth-Mason | Memorial | I'und grants | 4,836 | 6,211 | ||||
| John Harris (DLI) Bequest Fund | ||||||||
| Margaret Phillips Legacy Fund | 23,995 | 29,407 | ||||||
| 427,944 | 445,142 |
| Year ended | Year | ended | ||||||
|---|---|---|---|---|---|---|---|---|
| Management | Governance | 31.12.21 | 31.12.20 | |||||
| 8 | ||||||||
| RHQ | 59,211 | 7,470 | 66,681 | 70,847 | ||||
| Green Jacket Close | 348 | 348 | 3,791 | |||||
| RGJ Ladies Guild | 23 | |||||||
| 59,560 | 7,470 | 67,030 | 74,660 | |||||
| 9. | GOVERNANCE | COSTS | ||||||
| Unrestricted | Restricted | Year ended | Year | ended | ||||
| funds | funds | 31.12.21 | 31.12.20 | |||||
| 8 | g | 8 | ||||||
| Fidelity | insurance | 1,116 | 1,116 | 308 | ||||
| Auditors' | remuneration | 6,354 | 6,354 | 6,357 | ||||
| 7,470 | 7,470 | 6,665 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| Year ended | Year ended | |||
| 31.12.21 | 31.12.20 | |||
| g | 8 | |||
| Wages and salaries | 42,269 | 21,210 | ||
| The average monthly | number ofemployees | during the year was as follows: | ||
| Year ended | Year ended | |||
| 31.12.21 | 31.12.20 | |||
| Green Jacket Close | and RHQ support | 3 | 2 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 8 | 8 | |||
| INCOME FROM | ||||
| Donations and legacies |
234,208 | 1,388 | 235,596 | |
| Investmentincome | 281,839 | 21,385 | 303,224 | |
| Charitable activities |
||||
| Green Jacket Close | 66,384 | 66,384 | ||
| Total | 516,047 | 89,157 | 605,204 | |
| EXPENDITURE ON | ||||
| Raising funds | 60,649 | 4,477 | 65,126 | |
| Charitable activities |
489,937 | 93,786 | 583,723 | |
| Total | 550,586 | 98,263 | 648,849 | |
| Net gains/(losses) on investments |
734,112 | 774,514 | 1,508,626 | |
| Net income/(expenditure) | 699,573 | 765,408 | 1,464,981 | |
| Trasnfer between funds |
||||
| Net movement in funds |
699,573 | 765,408 | 1,464,981 | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 14,888,579 | 5,766,198 | 20,654,777 |
| TOTAL FUNDS CARRIED FORWARD | 15,588,152 | 6,531,606 | 22,119,758 |
| Freehold | |
|---|---|
| property | |
| MARKET VALUE | |
| B/fwd | 5,345,000 |
| Revaluation | |
| 5,345,000 | |
| NET BOOKVALUE | |
| At 31December 2021 | 5,345,000 |
| At 31December 2020 | 5,345,000 |
| Listed | |
|---|---|
| investments | |
| MARKET VALUE | |
| At 1January 2021 | 16,649,075 |
| Additions | 5,176,499 |
| Disposals | (5,05 1,499) |
| Revaluation | 1,496,849 |
| At 31December 2021 | 18,270,924 |
| NKT BOOKVALUE | |
| At 31December 2021 | 18,270,924 |
| At 31 December 2020 | 16,649,075 |
| Market | ||||
|---|---|---|---|---|
| value | ||||
| g | ||||
| Within | the | United | Kingdom | 5,579,410 |
| Outside | the | United | Kingdom | 12,691,514 |
| 18,270,924 |
| 15. | DEBTORS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | ||||
| Other debtors | 195,187 | 91,008 | ||
| 16. | CASH AT BANK | |||
| Cash at bank is represented by: |
||||
| 2021 | 2020 | |||
| Cash held by RHQ | 128,332 | 106,353 | ||
| Cash held by RGJ Ladies | Guild | 1,203 | 3,947 | |
| Cash held by Rifleman's | Air Society | 269 | 240 | |
| 129,803 | 110,540 | |||
| 17. | CREDITORS: AMOUNTS 1IALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| 8 | ||||
| Other creditors | 68,840 | 75,865 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | |||||
| 8 | ||||||||
| Fixed assets | 720,000 | 4,625,000 | 5,345,000 | 5,345,000 | ||||
| Investments | 17,290,302 | 980,622 | 18,270,924 | 16,649,073 | ||||
| Current assets | (659,792) | 984,782 | 324,990 | 201,549 | ||||
| Current liabilities | (68,840) | (68,840) | (75,865) | |||||
| 17,281,67D | 6,590,404 | 23,872,074 | 22,119,758 | |||||
| MOVEMENT IN FUNDS | ||||||||
| Balance nt | Incoming | Resources | Investments | Bakxnce at | ||||
| 01.01,2021 | resources | expeaded | gaias/(losses) | Transfers | 31.12.2021 | |||
| 8 | 8 | |||||||
| Unrestricted funds |
||||||||
| General | 15 588 152 | 866,143 | 569,886 | I 397261 | 17,281,670 | |||
| Restricted funds | ||||||||
| RGJ Ladies Guild | 235,291 | 4,373 | 3,597 | 20,428 | 256,495 | |||
| Green Jacket Close | 5,772,602 | 69,170 | 84,210 | 35,799 | 5,793,361 | |||
| Peter Bateman Bursary | 24,270 | 230 | 2,741 | 1,480 | 23,239 | |||
| Joanne Booth-Mason | 18,414 | 550 | 4,900 | 1,350 | 15,414 | |||
| John Heros (DLI)Bequest Fund | ||||||||
| Margaret Phigips Legacy Fund |
481 029 | 6,222 | 25,887 | 40 53I | 501,895 | |||
| 6,531,606 | 80,545 | 121,335 | 99,588 | 6,590,404 | ||||
| TOTALFUNDS | 22,119,758 | 946,688 | 691,221 | 1,496,849 | 23,872,074 | |||
| Comparatives for movement |
in funds | |||||||
| Balance st | Incoming | Resources | Investments | Balance at | ||||
| 01.01.2020 | resources | expended | gaias/(losses) | Transfers | 31.12.2020 | |||
| 8 | ||||||||
| Unrestricted funds |
||||||||
| General | 14888 579 | 516,047 | 550,586 | 734 112 | 15,588,152 | |||
| Restricted funds |
||||||||
| RGJ Ladies Guild | 223,994 | 4,956 | 4,501 | 10,842 | 235,291 | |||
| Green Jaoket Close | 5,014,014 | 73,938 | 54,350 | 739,000 | 5,772,602 | |||
| Peter Batsman Bwsaiy | 24,955 | 373 | 1,844 | 786 | 24,270 | |||
| Joanne Booth-Mason | 22,999 | 983 | 6,285 | 717 | 18,414 | |||
| John Hams (DLI) Bequest Fund | ||||||||
| Margaret Phillips Legacy Fund |
480236 | 8 907 | 31,283 | 23 169 | 481,029 | |||
| 5,766,198 | 89,157 | 98,263 | 774,514 | 6,531,606 | ||||
| TOTALFUNDS | 20,654,777 | 605,204 | 648,849 | 1,508,626 | 22,119,758 | |||
| A current year 12mooths and prior year 12 months | corn Dined position | is as follows; | ||||||
| Balance at | Incoming | Resources | Investments | Balance at | ||||
| 01.01.2020 | resources | expended | gains/(losses) | Transfers | 31.12.2021 | |||
| 8 | 8 | |||||||
| Unrestricted funds |
||||||||
| General | 14,888,579 | 1,382,190 | I 120472 | 2,131,373 | 17,281,670 | |||
| Restricted funds | ||||||||
| RGJ Ladies Gudd | 223,994 | 9,329 | 8,098 | 31,270 | 256,495 | |||
| Green Jacket Close | 5,014,014 | 143,108 | 138,560 | 774,799 | 5,793,361 | |||
| Peter Bateman Bursary | 24,955 | 603 | 4,585 | 2,266 | 23,239 | |||
| Joanne Booth-Mason | 22,999 | 1,532 | 11,184 | 2,067 | 15,414 | |||
| John Hams (DLBBequest Fund | ||||||||
| Margaret Philhps Legacy Fund |
480,236 | 15,129 | 57,170 | 63,700 | 5D1,895 | |||
| 5,766,198 | 169,701 | 219,597 | 874,102 | 6,59D,4D4 | ||||
| TOTAL FUNDS | 20,654,777 | 1,551,891 | I 340,069 | 3,005,475 | 23,872,074 |
| Year ended | Year ended | |||||||
|---|---|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||||
| INCOME | FROM | |||||||
| Donations | and legacies | |||||||
| Regimental | subscriptions | 147,284 | 155,865 | |||||
| Subscriptions -RGJ Ladies Guild |
565 | 788 | ||||||
| Donations | - general | 7,369 | 11,289 | |||||
| Donations | -C4C appeal | 130,764 | 67,054 | |||||
| Donations | —Joanne | Booth-Mason | Memorial | Fund | 569 | 600 | ||
| Legacy income | 364,748 | |||||||
| 651,299 | 235,596 | |||||||
| Investment income |
||||||||
| Investment | income | - general | 216,377 | 281,750 | ||||
| Investment | income | - RGJ Ladies | Guild | 3,170 | 4,168 | |||
| Investment | income | —GJ | Close | 5,556 | 7,554 | |||
| Investment | income | - Peter Bateman bursary | 230 | 373 | ||||
| Investment | income | —Joanne Booth Mason Memorial | Fund | 210 | 383 | |||
| Investment | income | - Margaret Phillips Legacy | 6,222 | 8,907 | ||||
| Deposit account interest | - general | 10 | 89 | |||||
| 231,775 | 303,224 | |||||||
| Charitable activities |
||||||||
| Green Jacket Close | maintenance | charge | 63,614 | 66,384 | ||||
| 946,688 | 605,204 | |||||||
| EXPENDITURE ON | ||||||||
| Raising funds | ||||||||
| Investment | management | fees | 71,141 | 63,860 | ||||
| C4C fundraising | 3,013 | 1,266 | ||||||
| 74,154 | 65,126 | |||||||
| Charitable activities |
||||||||
| Wages | 46,200 | 22,340 | ||||||
| Insurance | -Green Jacket Close | 2,327 | 2,219 | |||||
| Green Jacket Close | - general maintenance | 39,396 | 15,680 | |||||
| Green Jacket Close | - major repairs and contingency | 26,677 | 19,032 | |||||
| Casualty support |
3,300 | 2,022 | ||||||
| Wreaths/ | Rememberence | 4,193 | 2,627 | |||||
| Grants | 427,944 | 445,142 | ||||||
| 550,037 | 509,062 |
| Year ended | Year ended | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| Support casts | |||
| Postage and stationery | 460 | 113 | |
| Telephone | 449 | 191 | |
| ITsupport costs | 28,813 | 34,397 | |
| Rifles database | 16,638 | ||
| Staffhonoraria | 12,000 | 5,000 | |
| Trustee meeting | costs | 74 | |
| Fidelity insurance | 1,116 | 308 | |
| Professional fees |
3,600 | ||
| Accountancy | 7,279 | 7,783 | |
| Auditors remuneration |
6,354 | 6,357 | |
| Interest paid | |||
| Presentations | 200 | ||
| Travel | 10,557 | ||
| 67,030 | 74,661 | ||
| Total | 691,221 | 648,849 | |
| Net (losses)/gains | on investments | 1,496,849 | 1,508,626 |
| Net (expenditure)/income | 1,752,316 | 1,464,981 |
| RGJ Ladies | Green | Peter | Joanne | John Harris | Margaret | ||||
|---|---|---|---|---|---|---|---|---|---|
| Guild | Jacket | Bateman | Booth-Mason | (DLI)Bequest | Phigips | ||||
| Fund | Close | Bursary | Memorial Fund | Fund | LegacyFund | ||||
| 8 | g | ||||||||
| INCOME FROM | |||||||||
| Subscripttons | 565 | 40 | |||||||
| Investment income |
3,170 | 5,556 | 230 | 210 | 6,222 | ||||
| Green Jacket Close mamtenance | charge | 63,614 | |||||||
| Donattons | 638 | 300 | |||||||
| Total | 4,373 | 69,170 | 230 | 550 | 6,222 | ||||
| EXPENDITURE | ON | ||||||||
| Wages | 13,757 | ||||||||
| Insurance | 2,327 | ||||||||
| Telephone | 348 | ||||||||
| General maintenance | 39,396 | ||||||||
| Major repairs | 26,677 | ||||||||
| Postage and stationery | |||||||||
| Professtonal fees |
|||||||||
| Grants payable | 2,625 | 2,670 | 4,836 | 23,995 | |||||
| Investment management |
fees | 972 | 1,705 | 71 | 64 | 1,892 | |||
| Total | 3,597 | 84,210 | 2,741 | 4,900 | 25,887 | ||||
| Net (losses)/gams | on investments | 20,428 | 35,799 | 1,480 | 1,350 | 40,531 | |||
| Net (expenditure)/income | 21,204 | 20,759 | (1,031) | (3,000) | 0 | 20,866 | |||
| Transfer bctwccn | funds | ||||||||
| Net movement ia |
funds | 21,204 | 20,759 | (1,031) | (3,000) | 0 | 20,866 | ||
| RECONCILIATION OFFUNDS | |||||||||
| Total funds brought forward | 235,291 | 5,772,602 | 24,270 | 18,414 | 481,029 | ||||
| TOTAL FUNDS | CARRIED FORWARD | 256,495 | 5,793,361 | 23,239 | 15,414 | 501,895 |