2022-12-31-accounts

		Page
Trustees' and Administrative	Information
Trustees' Report		2-9
Report ofthe Auditors		10-13
Statement of Financial Activities		14
Balance Sheet		15
Cash Flow Statement		16
Notes to the Financial Statements		17-24
Prior Year Comparatives		25

Regimental	Secretary	Secretary	Colonel (Retd) M G J	Carter
Finance Secretary			Mrs B Hoblyn
Bankers			Lloyds Bank PLC
			39 Piccadilly
			London W1V OAA
Solicitors			Wilsons Solicitors
			Alexandra House, St	John's	Street
			Salisbury
			Wiltshire SP12SB
Auditors			Saffery Champness	LLP
			71Queen Victoria Street
			London EC4V4BE
Investment	Managers		Brewin Dolphin
			12Smithfield Street
			London EC1A9BD
Address			Roya I Artille ry Barra	cl&s
			La rl&hill
			Salisbury
			Wiltshire SP4 8QT
Registered	Charity	No	1122002		Company	No	6446232

			N 0 N	~ 0		CO	CJl	O CO rl	CO CJl	LA Cfl			OQO OQ	LA O O	CO CO Cfl	tV\ Ol Ch			LA p CO	Q CJl CD		Q CJl	O CO	O Lfl LA
						O	LA Crl	O		CO			OQ	O	IYI M	IYI			CB CO	LA		LA fO	LA	00
										CO										Lfl		LA		LD
				ta t		Crl IYl 'IQ'	LD LA CJl O lYI	LA CJl (4 Cfl	O	CO		O CB O IYI Cfl	CCJ	rA O LAO CO	LD LA A	LA Cfl N 00	00 NC! 00 00		CB CO LA LD rD	00 IYJ LA		M Ifl	O LA CO	M Cfl Q
			U QJ L! !	rrl C U			Cfl IYI	I	I						ID LA	ID Lfl			IAOO LA				LA
			QJ
C
0
QJ L UC QJ CL X UC			U +' ! QJ!CD			fn		(4 Lfl Ol	O	O ID CO LD CO		O CB CJ CB	O	Crl O LA O 00	'	CJl IYJ O Lfl Q 00	crl ID 00		CO lYl LA	tel LAO lfl LA		tYI Q	LA LA	tV LflO ID Ch Cfl	C
																									QJ
QJ																									E
E0					QJ	CV		lYI																	QJ
OO					0Z												C0								ll3 C
C ta 0 CL 0 C ~ N LIJ	tvf!I O f!J												rrl QJ	QJ J3 la la CL 'U ra			C ta00 QJ!0 QJ J2 IU QJ								IUC 4- QJ QJ 0
I- CJ CJ Z LL Q Z LLI w IA	LJJ CQ Q M O Q Z LLJ P Q LL	QJ L 0C QJ X "0 C ta QJ E0 C			QJ 0 ro	EA CL C". QJ IUb0 QJ la C0 +la 0 a	E 0 C C QJ	III '~ QJ ! ra	QJ E P) L +' 0	QJ! "U C QJ X LLJ QJ L0 Ill JQ 0 C O rav 0 J-	C0 QJ I "0 C QJ	"CJ CD bb C lU CC	o L.0	la CL la L(9 LJC QJ la la U	C la I QJ + X lU CCJ	0C QJ X QJ ra 0	QJ !0 !L QJ E0 C 'U C QJQ. X QJ IZ	E Vl	lU QJ E QJ 0 LI)C btJ Irl QJ ~ 0 + QJ Z	QJ o L. C QJ x QJ Z	QJ C ra	v c Ir QJ QJ 0 Z	la 0 I 0 JQ U c ra +'0	la o4 QJ la O lrl U r ta 0	CL E 0 QJ bQ lll CL C0 0C QJ

					2022
2021
Fixed assets
Investments				6	10,863,279	12,514,425
					10,863,279	12,514,425
Current assets
Stocks					15,440	15,043
Debtors					30,249	30,095
Cash at Bank		and in	hand		200,232	376,891
					245,921	422,0229
Current liabilities
Creditors: Amounts			falling due within one year	10	(181,467)	(254,904)
Net current		assets			64,454	167,125
Total assets		less current liabilities			10,927,733	12,681,550
Funds
Unrestricted		Funds			9,961,052	11,556,105
Restricted	Funds				966,681	1,125,445
					10,927,733	12,681,550

						2022		2021
				Note		f
Net	cash used in operating activities					(464,707)		(144,688)
Cash flows from investin activities
Dividends, interest and rents from
investments							301,956	295,229
Purchase of investments Proceeds from sale of investments						(3,479,788) 3,266,535		(2,975,547) 2,949,779
Net	cash used in investing activities						88,703	269,461
Net decrease in cash Hc cash equivalents Cash 5 cash equivalents at the beginning			of			(376,004)		124,773
the	year						771,962	647,189
Cash and cash equivalents at end ofthe			year			395,958		771,962
Notes	to the cash flow statement
	Reconciliation of net movement		in funds to net				2022	2021
	cash flow from operating activities						f	f
	Net movement in funds						(1,753,817)	1,535,690
	Loss/(gain) on investments						1,665,789	(1,489,875)
	Investment income						(301,956)	(295,229)
	Increase in investments due to changes			in aliquot			(735)
	(Increase)/Decrease in stock						(397)	914
	(Increase)/decrease in debtors						(154)	502
	(Decrease)/Increase in creditors						(73,437)	103,310
	Net cash used in operating activities						(464,707)	(144,688)
2.	Analysis of cash and cash equivalents				At 1Jan		Cash	At 31Dec
	and net debt				2022		flow	2022
					f		f	f
	COIF Charities Deposit
	Cash on short term deposit				376,891		(176,659)	200,232
	Cash held in Investments				395,071		(199,345)	195,726
	Net cash provided by operating	activities			771,962		(376,004)	395,958

				2022	2021
					f
Officers' subscriptions	(SPGS)			195,770	196,378
Soldiers' subscriptions	(SPGS)			146,384	149,449
Donations				10,389	10,544
Intangible Income —Wages		in	Kind	86,499	84,237
				439,042	440,608
haritable Activities Income.
				2022	2021
				f
RA Publications —Subscription				30,037	32,309
RA Publications —Advertising			income	1,100	686
Grants (RAI 5 RACF)				60,377	55,742
Grants Received					50,000
Roya Ities				310	618
Investment Income				1,128	1,125
				92,952	140,480
ther Income
				2022	2021
				f	f
Sale of books				293	219
Receipts of Laid Down	Wines			14	1,757
Bank Interest					2
				307	1,978

				2022	2021
Annual Allocations:				f	f
The Gunner Magazine				6,125	1,160
The Master Gunner's		Fund		7,068	3,376
RA Sports				153,665	143,617
RA HQ Mess				12,313	15,494
RA Central Sergeants		Mess	Fund	22,190	6,500
Support of Units —Unit Grants				65,980	66,390
Support to Units —Senior/Commanding				14,858	8,142
Officers
Recruiting				24,105	21,800
Regimental Expenses				36,613	26,817
Annual Contingency	Reserve			22,535	17,420
				365,452	310,716
Other Grants:
Adventurous Training				550	1,758
Regimental History Vill				36	423
Sandown Transport				11,700
Misc				1,718
				14,004	2,181
Grant to RAM				122,211	101,687
Total Grants Paid				501,667	414,584
Support Cost to Charitable			Activities:
Salaries				153,461	145,879
Employers Pension Contributions				10,039	10,877
Wages in Kind				86,499	84,237
				249,999	240,993
Presentation &Awards				7,148	7,921
Printing, postage &.Stationery				2,999	3,505
Computer software/Hardware				3,651	4,370
Insurance				4,797	3,313
Chattels (maintenance)				10,462	12,540
Travelling & Entertainment				409	176
Miscellaneous				1,116	899
Audit Fees				10,448	8,718
Audit Fees Under Provision				216
Lega I and Professiona	I	Fees		12,127	3,986
				53,373	45,428
Total Charitable Activities				805,039	701,005

2022	2021
Number	Number

		2022	2021
		f	f
uoted investments
Market value at 1January		12,514,425	10,755,035
Purchases		3,479,788	2,975,547
Sales proceeds		(3,266,535)	(2,949,779)
Investment Management	Fee	(53,842)	(50,464)
Net realised/unrealised	Losses	(1,665,789)	1,489,875
Aliquot Changes		735
Cash movements		(145,503)	294,211
Market value at 31December		10,863,279	12,514,425
Historical value at 31December		9,639,755	8,808,917

			2022	2021
			f	f
Investment		Cash Breakdown
Investments			10,667,553	12,119,354
Income	Account		32,601	27,241
Dealing	R. Deposit Account		163,125	367,830
Market	value	at 31December	10,863,279	12,514,425

			2022	2021
			f	f
Medals	and	Swords	9,146	8,652
Books			6,294	6,391
			15,440	15,043

						2022	2021	2021
						f		E
	Accrued Service Giving Income					28,947	28,638
	Insurance on behalf			ofthird	parties	122		122
	Investment Income					1,180	1,177
	Gift Aid							158
						30,249	30,095
9.	Cash at bank and	in	hand
						2022		2021
						f		E
	COIF Charities	Deposit Fund
	Bank current accounts					200,232	376,891
						200,232	376,891
10.	Creditors
						2022	2021
						f	f
	Amounts falling	due		within	one year:
	Gunner Investment			Income		1,180	1,177
	RAHT Investment		Income			8,192	8,007
	CSM Investment Income					13,086	19,547
	Accrual - Audit	and		accountancy		10,388	9,444
	RAM						48,000
	Other Creditors					7,649	32,191
	RHA Association					100,436	113,372
	Red Cypher					40,536	23,166
						181,422	254,904

			Balance	Incoming	Outgoing	Net loss on	Balance at 31
			1January 22	Resources	Resources	Investment	December 22
			E	E	f	f	f
Baxter Fund			1,097,965	17,397	24,156	(152,005)	939,201
Regimental	Church		16,980				16,980
Roya I Artillery		Church	10,500				10,500
Refurbishment
Total			1,125,445	17,397	24,156	(152,005)	966,681

021 Restrict	ed	Fund
			Balance	Incoming	Outgoing	Net	Gain	on		Balance at
			1January 21	Resources	Resources	Investmentf			Transfers	31
			f	E	f					December
										21
										f
Baxter Fund			960,510	33,988	33,988		137,455			1,097,965
Royal Horse	Artillery		97,939						(97,939)
Assoc
Regimental	Church		16,980							16,980
Royal Artillery		Church	10,500							10,500
Refurbishment
Total			1,085,929	33,988	33,988		137,455		(97,939)	1,125,445

Analysis	ofnet	ofnet	assets between	assets between	funds	2022
							Current	Net
						Investments	(liabilities)/
							assets	Total
							f	f
Restricted funds:
Baxter	Fund					926,410	12,791	939,201
Regimental		Church		Fund			16,980	16,980
RA Church		Refurb					10,500	10,500
						926,410	40,271	966,681
Unrestricted			funds:
General	Fund					9,936,869	24,183	9,961,052
						10,863,279	64,454	10,927,733

Analysis	of net	of net	assets between	assets between	funds	2021
							Current	Net
						Investments	(liabilities)/
							assets	Total
							f	f
Restricted funds:
Baxter	Fund					1,095,113	2,852	1,097,965
Regimental		Church		Fund			16,980	16,980
RA Church		Refurb					10,500	10,500
						1,095,113	30,332	1,125,445
Unrestricted			funds:
General	Fund					11,419,312	136,793	11,556,105
						12,514,425	167,125	12,681,550