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|||Page|
|---|---|---|
|Trustees' and Administrative|Information||
|Trustees'<br>Report||2-9|
|Report ofthe Auditors||10-13|
|Statement of Financial Activities||14|
|8alance Sheet||15|
|Cash Flow Statement||16|
|Notes tothe FinancialStatements||17-28|
|Prior Year Comparatives||29|





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## 

||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Note|E||E||
|Net cash used in operating activities|||||(117,392)||(896,373)||
|Cash flows from investin<br>activities|||||||||
|Dividends,<br>interest and rents from investments|||||295,600||308,532||
|Purchase of investments|||||(1,143,114)|(1,504,633)|||
|Proceeds from sale ofinvestments|||||1,126,261|1,759,424|||
|Net cash used in investing<br>activities|||||278,747||563,323||
|Net (decrease)/ increase<br>in cash Ik cash||equivalents|||161,355||(333,050)||
|Cash gt cash equivalents<br>at the beginning<br>ofthe|||year||485,834||818,884||
|Cash and cash equivalents<br>at end ofthe year|||||647,189||485,834||
|Notes tothe cash flow statement|||||||||
|1.|Reconciliation<br>ofnet movement|in funds to net|||2020||2019||
||cash flow from operating activities||||f||E||
||Net movement<br>in funds||||896,022||884,550||
||(Gain)/loss<br>on investments||||(226,286)|(1,326,903)|||
||Investment<br>income||||(295,600)||(308,532)||
||Increase in investments<br>due to|changes|in aliquot||5,096||14,244||
||(Increase)/decrease<br>in stock||||982||(5,491)||
||(Increase)/Decrease<br>in debtors||||11,491||30,525||
||(Decrease)/increase<br>in creditors||||(509,097)||(184,766)||
||Net cash used in operating<br>activities||||(117,392)||(896,373)||
||Analysis ofcash and cash equivalents||||At1Jan|Cash|At|31Dec|
||and net debt||||2020|flow||2020|
|||||||E|||
||COIF Charities<br>Deposit||||19,571|51||19,622|
||Cash on short term deposit||||315,242|161,001|476,243||
||Cash current account||||44|(44)|||
||Cash balance before investments||||334,857|161,008|495,865||
||Cash held in Investments||||150,977|347|151,324||
||Net cash provided<br>by operating|activities|||485,834|161,355|647,189||





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|||||The RAI|Gunner|Total|
|---|---|---|---|---|---|---|
||||||2020||
||||||E||
|Officers' subscriptions||(SPGS)||193,004||193,004|
|Soldiers' subscriptions||(SPGS)||146,557||146,557|
|Reserve Regiments||||800||800|
|Donations||||9,221|774|9,995|
|Intangible<br>Income|—Wages in||Kind|45,015|38,971|83,986|
|||||394,597|39,745|434,342|
|2019Comparisons|||||||
|||||The RAI|Gunner|Total|
||||||2019||
||||||E||
|Serving Regiment|pay|scheme:|||||
|Officers' subscriptions||||185,463||185,463|
|Soldiers' subscriptions||||146,840||146,840|
|Reserve Regiments||||1,200||1,200|
|Donations||||4,300|902|5,202|
|Intangible<br>Income|—Wages in||Kind|54,173|52,546|106,719|
|||||391,976|53,448|445,424|
|2020 Charitable<br>Activities Income.|||||||
|||||The RAI|Gunner|Total|
||||||2020||
||||||E|E|
|RA Publications - Subscription|||||39,244|39,244|
|RA Publications —Advertising|||income||600|600|
|Grants<br>(RAI gt RACF)||||67,000|15,000|82,000|
|Government<br>Grant —Furlough||||11,014||11,014|
|Officers Mess Fund (Writeback)||||19,622||19,622|
|||||97,636|54,844|152,480|





## 

## 

||||The RAI|Gunner|Total|
|---|---|---|---|---|---|
|||||2019||
|||||E|f|
|RA Publications - Subscription||||37,242|37,242|
|RA Publications —Advertising||income||3,730|3,730|
|Grants|||65,000|25,000|90,000|
|Legacies|||109||109|
||||65,109|65,972|131,081|
|020 Other|Income|||||
||||The RAI|Gunner|Total|
|||||2020||
||||E|E|f|
|Sale ofbooks|||362||362|
|Receipts|of Laid Down Wines||47||47|
|Sandown|Food||975||975|
||||1,384||1,384|



## 

|||The RAI|Gunner|Total|
|---|---|---|---|---|
||||2019||
|||E|E|E|
|Sale ofbooks||198||198|
|Receipts|of Laid Down Wines|1,447||1,447|
|Sandown|Food|391||391|
|||2,036||2,036|





## 

|||||The RAI|Gunner|Total|
|---|---|---|---|---|---|---|
||||||2020||
|Annual<br>Allocations:||||E|E|E|
|The Gunner Magazine||||5,000||5,000|
|The Master Gunner's|Fund|||622||622|
|RA Sports||||127,477||127,477|
|RA HQ Mess||||6,967||6,967|
|RA Central Sergeants|Mess||Fund|13,000||13,000|
|Support of Units - Unit||Grants||65,190||65,190|
|Support<br>to Units —Senior/Commanding||||2,750||2,750|
|Officers|||||||
|Recruiting||||19,561||19,561|
|Regimental<br>Expenses||||742||742|
|Annual<br>Contingency<br>Reserve||||4,894||4,894|
|||||246,203||246,203|
|Other Grants:|||||||
|Adventurous<br>Training||||1,025||1,025|
|Sandown<br>Transport||||5,713||5,713|
|Regimental<br>History Vill||||10,000||10,000|
|Misc Grants||||521||521|
|Royal Artillery<br>Historical Trust|||||||
|||||17,259||17,259|
|Grants<br>in year to RAM||||38,250||38,250|
|Grants payable to RAM||(cancelled)||(500,000)||(500,000)|
|Total Grants Paid||||(198,288)||(198,288)|
|Support Cost to Charitable|||Activities:||||
|Salaries||||145,961||145,961|
|Employers<br>Pension Contributions||||10,805||10,805|
|Wages in Kind||||45,016|38,971|83,987|
|||||201,782|38,971|240,753|
|Presentation<br>&Awards||||(869)||(869)|
|Printing,<br>postage &Stationery||||133|3,391|3,524|
|Computer<br>software/Hardware||||2,121||2,121|
|Insurance||||3,831||3,831|
|Chattels (maintenance)||||16,056||16,056|
|Travelling<br>&Entertainment||||232||232|
|Miscellaneous||||2,794|200|2,994|
|Audit Fees||||10,170||10,170|
|Under Provision<br>Audit|2019|||2,250||2,250|
|Legal and Professional||Fees||7,842||7,842|
|||||44,560|3,591|48,151|
|Total Charitable<br>Activities||||48,054|42,562|90,616|





## 

|||||The RAI|Gunner|Total|
|---|---|---|---|---|---|---|
||||||2019||
|Annual<br>Allocations:||||E||E|
|The Gunner Magazine||||5,000||5,000|
|The Master Gunner's|Fund|||5,537||5,537|
|RA Sports||||157,969||157,969|
|RA HQ Mess||||6,864||6,864|
|RA Central Sergeants|Mess||Fund|10,000||10,000|
|Support ofUnits - Unit||Grants||65,553||65,553|
|Support<br>to Units —Senior/Commanding||||11,738||11,738|
|Officers|||||||
|Recruiting||||19,683||19,683|
|Regimental<br>Expenses||||23,179||23,179|
|Annual<br>Contingency<br>Reserve||||16,190||16,190|
|||||321,713||321,713|
|Other Grants:|||||||
|Adventurous<br>Training||||2,940||2,940|
|Sandown Transport||||9,587||9,587|
|Regimental<br>History<br>Vill||||8,200||8,200|
|Misc Grants||||24,200||24,200|
|Royal Artillery<br>HistoricalTrust||||9,240||9,240|
|||||54,167||54,167|
|Grants<br>in year to RAM|||||||
|Grants Payable to RAM||||500,000||500,000|
|Total Grants Paid||||875,880||875,880|
|Support Cost to Charitable|||Activities:||||
|Salaries||||130,372||130,372|
|Employers<br>Pension Contributions||||14,596||14,596|
|Wages in Kind||||54,173|52,546|106,719|
|||||199,141|52,546|251,687|
|Presentation<br>8 Awards||||1,395||1,395|
|Printing,<br>postage 8 Stationery||||488|3,861|4,349|
|Computer<br>software/Hardware||||3,385||3,385|
|Insurance||||3,194||3,194|
|Chattels||||965||965|
|Travelling<br>IL Entertainment|||||3,556|3,556|
|Miscellaneous||||3,995|1,456|5,451|
|Audit Fees||||7,950||7,950|
|Under Provision Audit|2018|||510||510|
|Legal and Professional||Fees||11,045||11,045|
|||||32,927|8,873|41,800|
|Total Charitable<br>Activities||||1,107,948|61,419|1,169,367|





## 

|2020|2019|
|---|---|
|Number|Number|



## 

## 

|||The RAI|Gunner|Total|
|---|---|---|---|---|
||||2020||
||||E||
|voted investments|||||
|Market value at 1January||10,457,282|59,291|10,516,573|
|Purchases||1,136,542|6,572|1,143,114|
|Sales proceeds||(1,119,786)|(6,475)|(1,126,261)|
|Investment<br>Management|Fee|(43,010)|(249)|(43,259)|
|Net realised/unrealised|Losses|224,985|1,301|226,286|
|Aliquot Changes||(6,235)|1,139|(5,096)|
|Cash movements||43,427|251|43,678|
|Market value at 31December||10,693,205|61,830|10,755,035|
|Historical value at31December||7,238,674|40,033|7,278,707|



||||E|||
|---|---|---|---|---|---|
|Findlay|Park||577,271|||
||||The RAI|Gunner|Total|
|||||2020||
|Investment||Cash Breakdown||||
|Investments|||10,542,753|60,976|10,603,729|
|Income|Account||23,747|135|23,882|
|Dealing|&Deposit Account||126,705|719|127,424|
|Market|value at 31December||10,693,205|61,830|10,755,035|





## 

|||The RAI|Gunner|Total|
|---|---|---|---|---|
||||2019||
||||f||
|Market value at 1January||9,766,733|57,190|9,823,923|
|Purchases||1,496,150|8,483|1,504,633|
|Sales proceeds||(1,749,503)|(9,921)|(1,759,424)|
|Investment<br>management|fee|(46,202)|(270)|(46,472)|
|Net realised/unrealised|losses|1,319,422|7,481|1,326,903|
|Aliquot Changes||(13,149)|(1,887)|(15,036)|
|Cash movements||(316,169)|(1,785)|(317,954)|
|Market value at31December||10,457,282|59,291|10,516,573|
|Historical value at 31December||7,238,674|40,033|7,278,707|
|2019Comparisons|||||
|||The RAI|Gunner|Total|
||||2019||
||||E||
|Investment<br>Cash Breakdown|||||
|Investments||10,307,156|58,440|10,365,596|
|Income Account||37,073|210|37,283|
|Dealing &Deposit Account||113,053|641|113,694|
|Market value at 31December||10,457,282|59,291|10,516,573|



## 

## 

||||The RAI|Gunner|Total|RAI &GNR|
|---|---|---|---|---|---|---|
|||||||Total|
|||||2020||2019|
||||E|E|E|E|
|Medals and||Swords|9,566||9,566|10,470|
|Books|||6,391||6,391|6,469|
||||15,957||15,957|16,939|
|2020 Debtors|||||||
||||The RAI|Gunner|Total||
|||||2020|||
||||E|E|E||
|Accrued Service Giving Income|||29,098||29,098||
|Insurance|on behalf ofthird parties||122||122||
|Investment||Income||1,212|1,212||
|Gift Aid|||165||165||
||||29,385|1,212|30,597||





## 

|2019Debto|rs Continued||||
|---|---|---|---|---|
|||The RAI|Gunner|Total|
||||2019||
|||f|E|E|
|Accrued Service Giving Income||28,623||28,623|
|Insurance|on behalf ofthird parties|122||122|
|Investment|Income||1,160|1,160|
|Gift Aid||183||183|
|CSM||12,000||12,000|
|||40,928|1,160|42,088|



## 

## 

## 

|020 Cash at bank|and|in hand|||||
|---|---|---|---|---|---|---|
|||||The RAI|Gunner|Total|
||||||2020||
||||||E|E|
|COIF Charities Deposit Fund||||19,622||19,622|
|Bank current accounts||||458,476|17,767|476,243|
|||||478,098|17,767|495,865|
|2019Cash at bank|and in hand||||||
|||||The RAI|Gunner|Total|
||||||2019||
|||||E|f|E|
|COIF Charities Deposit Fund||||19,571||19,571|
|Bank current accounts||||308,827|6,415|315,242|
|Cash||||44||44|
|||||328,442|6,415|334,857|
|Creditors|||||||
||||The RAI|Gunner|Total|RAI &GNR Total|
|||||2020||2019|
|||||f||E|
|Amounts<br>falling due||within one year:|||||
|Gunner Investment||Income|1,212||1,212|1,160|
|RAHT Investment|Income||7,582||7,582|8,209|
|RHAA Investment|income|||||3,395|
|CSM Investment|Income||17,151||17,151|14,718|
|Accrual - Audit and||accountancy|10,170||10,170|7,920|
|Other Creditors|||17,540||17,540|10,137|
|RHA Association|||97,939||97,939|95,509|
|Officers Mess Fund||||||19,571|
|RAM grants payable||||||500,000|
||||151,594||151,594|660,619|





## 

## 

|||||Balance|Incoming|Outgoing|Net Gain on|Transfers||Balance at 31|
|---|---|---|---|---|---|---|---|---|---|---|
|||||1January 20|Resources|Resources|Investment|||December 20|
|||||f|f|E|6|||f|
|Baxter Fund||||938,468|18,989|(18,974)|22,027|||960,510|
|Royal Horse|Artillery||Assoc|111,159|1,816|(17,555)|2,519|||97,939|
|Regimental|Church|||16,980||||||16,980|
|Royal Artillery||Church||10,500||||||10,500|
|Refurbishment|||||||||||
|Total||||1,077,107|20,805|(36,529)|24,546|||1,085,929|
|2019Restricted||Fund|||||||||
|||||Balance|Incoming|Outgoing|Net Gain on|Transfers||Balance at 31|
|||||1January 19|Resources|Resources|Investment|||December 19|
|||||E|E|E|E||E|E|
|Baxter Fund||||841,553|18,974|(40,706)|118,647|||938,468|
|Royal Horse|Artillery||Assoc|95,509|2,459||13,191|||111,159|
|Regimental|Church|||16,980||||||16,980|
|Royal Artillery||Church||10,500||||||10,500|
|Refurbishment|||||||||||
|Total||||964,542|21,433|(40,706)|131,838|||1,077,107|





## 

||2020 Analysis|ofnet|assets between|funds||2020||
|---|---|---|---|---|---|---|---|
|||||||Current|Net|
||||||Investments|(liabilities)/||
|||||||assets|Total|
|||||||f|E|
||Restricted funds:|||||||
||Baxter Fund||||972,659|(12,149)|960,510|
||Royal Horse|Artillery|||96,123|1,816|97,939|
||Regimental|Church|Fund|||16,980|16,980|
||RA Church<br>Refurb|||||10,500|10,500|
||||||1,068,782|17,147|1,085,929|
||Unrestricted|funds:||||||
||General<br>Fund||||9,686,253|373,678|10,059,931|
||||||10,755,035|390,825|11,145,860|
|2019Analysis ofnet assets between funds|||||2019|||
|||||||Current|Net|
||||||Investments|(liabilities)/||
|||||||assets|Total|
|||||||f|E|
||Restricted funds:|||||||
||Baxter Fund||||950,631|(12,163)|938,468|
||Royal Horse|Artillery|||108,700|2,459|111,159|
||Regimental|Church|Fund|||16,980|16,980|
||RA Church Refurb|||||10,500|10,500|
||||||1,059,331|17,776|1,077,107|
||Unrestricted|funds:||||||
||General<br>Fund||||9,457,242|(284,511)|9,172,731|
||||||10,516,573|(266,735)|10,249,838|



## 

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