## ## |||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
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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| ## ##