2022-03-31-accounts

	Page
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandAdvisers	1-2
Trustees'report	3-11
Independentauditor'sreportonthefinancialstatements	12-15
Consolidatedstatementoffinancialactivities	16
Consolidatedbalancesheet	17
Charitybalancesheet	~g
Consolidatedstatementofcashflows	1g
Notestothefinancialstatements	20-36
Thefollowingpagedoesnot formparto#thestatutoryfinancialstatements:
AnnexA-AssociationGrants	37
AnnexB -InfrastructureGrants	3g

Trustees	MajorGeneralDJEastmanMBE,Chairman
	BrigadierIARollandVR,ArmyReserveFocus
	BrigadierSAnderson,ArmyFemaleAthletes(resigned13April2021)
	BrigadierNCAllison
	BrigadierENSMillar(resigned9December2021}
	MrDHARowe,NEDFinancialAdvisor
	BrigadierRCBrown,CapitalProjects
	WarrantOfFcer1DSMorgan,ArmySoldierFocus
	BrigadierPJBassingham-Searle(appointed21July2021}
	BrigadierCDDaviesOBE(appointed24March2022}
	ColonelAKimber(appointed21Juiy2021)
	ColonelHJStoy(appointed21July2021)
Companyregistered
number	06569008
Charityregistered
number	1123854
Registeredoffice	ArmySportControlBoard
	MackenzieBuilding
	FoxLines,QueensAvenue
	Aldershot
	Hampshire
	GU112LB
Companysecretary	Wilson(CompanySecretaries)Limited
LotteryLicenceNumber	1601508
Independentauditor	KrestonReevesLLP
	CharteredAccountants
	StatutoryAuditor
	MontaguePlace
	Quayside
	ChathamMaritime
	Chatham
	Kent
	ME44QU

Fortheyearende	d31March2022
Bankers	TheRoyalBankofScotland
	(Molt'sFarnborough)
	~.awrieHouse
	VictoriaRoad
	Farnborough
	Hampshire
	GU147NR
Solicitors	Wilsons
	AlexandraHouse
	StJohn'sStreet
	Salisbury
	Wiltshire
	SP12SB
Director	MajorGeneral(Retd)SABurleyCBMBE
	DirectorASCB

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2022	2022	2022	2021
	Note	£	£	£	£
Incomefrom:
Donationsandlegacies	3	-	96,382	96,382	47,502
Charitableactivities	4	5,753,913	-	5,753,913	5,975,947
Othertradingactivities	5	393,720	-	393,720	329,617
Investments	6	2,046	-	2,446	13,741
Otherincome	7	51,490	-	51,490	287,436
Totalincome		6,201,169	96,382	6,297,551	6,654,243
Expenditureon:
Raisingfunds		1,936,710	-	1,936,710	1,864,454
Charitableactivities	10	8,170,289	97,382	8,267,671	2,726,071
Totalexpenditure		10,106,999	97,382	10,204,381	4,590,525
Net{expenditure)lincomebeforenet
gainsoninvestments		(3,905,830)	(1,000)	(3,906,830)	2,063,718
Netgainsoninvestments		1,095,674	-	1,095,674	2,167,685
Netmovementinfunds		(2,810,156)	(1,000)	(2,811,156)	4,231,403
Reconciliationoffunds:
Totalfundsbroughtforward		14,963,115	13,456	14,976,571	10,745,168
Netmovementinfunds		(2,810,156)	(1,000)	(2,811,156)	4,231,403
Totalfundscarriedforward		12,152,959	12,456	12,165,415	14,976,571

			2022		2021
	Note		£		£
Fixedassets
Tangibleassets	14		15,000		15,000
Investments	15		13,541,678		11,446,004
			13,556,678		11,461,004
Currentassets
Debtors	16	657,713		381,792
Cashatbankandinhand	22	2,616,727		5,738,077
		3,274,440		6,119,869
Creditors:amountsfallingduewithinone
year	17	(4,665,703)		(2,604,302)
Netcurrentliabilities/assets			(1,391,263]		3,515,567
Totalnetassets			12,165,415		14,976,571
Charityfunds
Restrictedfunds	18		72,456		13,456
Unrestrictedfunds	18		12,152,959		14,963,115
Totalfunds			12,165,415		14,976,571

			2022		2021
	Note		£		£
Fixedassets
Tangibleassets	14		15,000		15,000
Investments	15		13,541,679		11,446,005
			13,556,679		11,461,005
Currentassets
Debtors	16	707,726		445,052
Cashatbankandinhand		2,253,340		5,435,273
		2,961,066		5,880,325
Creditors:amountsfallingduewithinone
year	17	(4,604,348)		(2,568,770)
Netcurrentliabilities/assets			(1,643,282)		3,311,555
Totalnetassets			11,913,397		14,772,560
Charityfunds
Restrictedfunds	18		12,456		13,456
Unrestrictedfunds	18		11,900,941		74,759,104
Totalfunds			11,913,397		14,772,560

		2022	2021
	Note	£	£
Cashflowsfromoperatingactivities
Netcashusedinoperatingactivities	21	(2,123,396)	208,717
Gashflowsfrominvestingactivities
Dividends,interestsandrentsfrominvestments		2,046	13,741
Purchaseofinvestments		(1,000,OOQ}	(2,500,000)
Netcashusedininvestingactivities		(997,954)	(2,486,259)
Changeincashandcashequivalentsintheyear		{3,121,350)	(2,277,542)
Cashandcashequivalentsatthebeginningoftheyear		5,738,07?	8,015,619
Cashandcashequivalentsattheendoftheyear	22	2,616,727	5,738,077
Thenotesonpages20to36formpartofthesefinancialstatements

	Restricted	Total	Total
	funds	funds	funds
	2022	2022	2021
BAESystemsgrant	30,000	30,000	32,226
SOTRgrant	66,382	66,382	15,276
	96,382	96,382	47,502
Tota!2021	47,502	47,502

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Lotteryticketsales	5,753,913	5,753,913	5,975,947
Total2021	5,975,947	5,975,947

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Sponsorshipincome	393,720	393,720	329,617
Total2021	329,617	329,617
Investmentincome
	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
		£	£
Interestreceivable	2,046	2,046	13,741
Total2021	13,741	13,741

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Un-cashedchequeswrittenback	21,088	21,088	-
SEPFRepaymentfromGIA	10,000	10,000	150,000
Laurus	20,402	20,402	-
Returnedgrants	-	-	137,436
	51,490	51,490	287,436
Tota12021	287,436	287,436

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		£	£	£
	ASLprizesandcosts	1,672,068	1,672,068	1,623,000
	Sponsorshipagent'sfees	138,659	138,659	118,437
	ASCBTrading-legalandprofessionalfees	343	343	1,698
	ASCBTrading-Auditors'remuneration	2,100	2,100	2,060
	ASCBTrading-Accountancyfees	60Q	6d0	1,115
	Staffcosts	122,940	122,940	118,144
		1,936,710	1,936,710	1,864,454
	Total2021	1,864,454	1,864,454
9.	Analysisofgrants
		Grantsto	Total	Total
		Institutions	funds	funds
		2022	2022	2021
		£	£	£
	Association,capitalandequipmentgrants	7,291,945	7,291,945	2,189,264
	BAESystemsgrant	31,000	31,000	27,800
	EliteSportsgrants	340,503	340,503	284,518
	Sportslotterygrants	270,485	270,485	(13,539)
	SOTRgrants	66,382	66,382	15,276
		8,000,315	8,000,315	2,503,319
	Tota12021	2,503,319	2,503,319

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
	£	£	£	£
Grantstocontrollingbodies	7,559,301	-	7,559,3Q1	2,412,016
BAESystemsgrant	-	31,000	31,000	27,800
EliteSportsexpenditure	340,503	-	340,503	284,518
ASLgrants	270,485	-	270,485	(13,539)
SOTRgrants	-	66,382	66,382	15,276
	8,170,289	97,382	8,26?,671	2,726,071
Tota12021	2,682,995	43,076	2,726,071

		Grant
		fundingof
		activities	Support	Total	Total
	Directcosts	{note9)	costs	funds	funds
	2022	2022	2022	2022	2021
	£	£	£	£	£
Grantstocontrollingbodies	55,111	7,291,945	212,245	7,559,301	2,412,016
BAESystemsgrant	-	31,000	-	31,000	27,800
EliteSportsexpenditure	-	340,503	-	340,503	284,518
ASLgrants	-	270,485	-	270,485	(13,539)
SOTRgrants	-	66,382	-	66,382	15,276
	55,111	8,000,315	212,245	8,267,671	2,726,071
Tota12021	63,022	2,503,319	159,730	2,726,071

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Staffcosts	55,111	55,111	63,022
Total2021	63,022	63,022
Analysisofsupportcosts
	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Staffcosts	61,977	61,977	65,921
Computercosts	19,383	19,383	16,277
Meetingexpenses	737	737	246
Accommodationandstafftravelreimbursement	41,270	41,27U	-
Bankcharges	3,040	3,Q40	2,617
Stafftraining	2,581	2,581	-
O~cecosts	37,971	37,971	14,873
Insurance	-	-	3,588
Gamblingcommissioncharges	1,508	1,508	1,508
Marketing	6,022	6,022	42,403
Staffwelfare	3,427	3,427	1,485
Sundryexpenses	5,140	5,140	2,062
Tenniscourtrent	21,402	21,402	-
Legalandprofessionalfees	-	-	734
Trusteetraining	540	540	600
Auditors'remuneration	6,347	6,347	7,416
Valuationfees	900	900	-
	212,245	212,245	159,730
Total2021	159,730	159,736

	Group	Group	Charity	Charity
	2022	2021	2022	2021
	£	£	£	£
Wagesandsalaries	205,422	211,320	205,422	211,320
Socialsecuritycosts	19,984	20,030	19,984	20,030
Pensioncosts	14,622	15,737	14,622	15,737
	240,028	247,087	240,028	247,087
TheaveragenumberofpersonsemployedbytheCharityduring		theyearwasasfollows:
	Group	Group	Charity	Charity
	2022	2021	2022	2021
	No.	No.	No.	No.
Administration	5	5	5	5
EliteSports	1	1	1	1
Assurance	1	1	1	1
Media	-	1	-	1
	7	8	7	8

	Freehold
	propert}r
Costorvaluation
At1April2021	15,000
At31March2022	15,000
Netbookvalue
At31March2022	15,000

	Listed
	investments
Group	g
Costorvaluation
At1April2021	11,446,004
Additions	1,000,000
Revaluations	1,095,674
At31March2022	13,541,678
Netbookvalue
At31March2022	13,541,678
At31March2021	11,446,004

	Investments
	in
	subsidiary	Listed
	companies	investments	Total
Charity	£	£	£
Costorvaluation
At1April2021	1	11,446,004	11,446,005
Additions	-	1,000,000	1,000,000
Revaluations	-	1,095,674	1,095,674
At31March2022	1	13,541,678	13,541,679
Netbookvalue
At31March2022	1	13,541,678	13,541,679
At31March2021	1	11,446,004	11,446,005

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		£	£	£	£
	Duewithinoneyear
	Tradedebtors	213,384	152,016	74,784	15,276
	Amountsowedbygroupundertakings	-	-	199,999	200,000
	Otherdebtors	444,329	229,776	432,943	229,776
		657,713	381,792	707,726	445,052
17.	Creditors:Amountsfallingduewithinoneyear
		Group	Group	Charity	Charity
		2022	2021	2022	2021
		£	£	£	£
	Tradecreditors	35,379	14,940	-	-
	Amountsowedtogroupundertakings	-	-	-	1
	Othertaxationandsocialsecurity	23,276	20,593	-	-
	Accrualsanddeferredincome	579,508	463,460	576,808	463,460
	Accruedgrantawards	4,027,540	2,105,309	4,627,540	2,105,309
		4,665,703	2,604,302	4,604,348	2,568,770
		Group	Group	Company	Company
		2022	2021	2022	2021
		£	£	£	£
	Analysisofdeferredincome
	Deferredincomeat1April2021	446,816	475,240	446,816	475,240
	Resourcesdeferredduringtheyear	559,683	446,816	559,683	446,816
	Amountsreleasedfrompreviousyears	(446,816)	(475,240)	(446,816}	(475,240)
	Deferredincomeat31March2022	559,683	446,816	559,683	446,816

					Balanceat
	Balanceat1			Gains/	31March
	Apri12021	Income	Expenditure	(Losses)	2022
	£	£	£	£	£
Unrestrictedfunds
ASCBUnrestricted	14,963,115	6,201,169	(10,106,999)	1,095,674	12,152,959
Restrictedfunds
BAESystems	13,456	30,000	(31,000)	-	12,456
SOTR	-	66,382	{66,382)	-	-
	13,456	96,382	(97,382)	-	12,456
Totaloffunds	14,976,571	6,297,551	(10,204,381)	1,095,674	12,165,415

					Balanceat
	Balanceat			Gains/	31March
	1April2020	Income	Expenditure	(Losses)	2021
	£	£	£	£	£
Unrestrictedfunds
ASCBUnrestricted	10,736,138	6,606,741	(4,547,449)	2,167,685	14,963,115
Restrictedfunds
BAESystems	9,030	32,226	(27,800)	-	13,456
SOTR	-	15,276	(15,276)	-	-
	9,030	47,502	(43,076)	-	13,456
Totaloffunds	10,745,168	6,654,243	(4,590,525)	2,167,685	14,976,571

					Balanceat
	Balanceat1			Gains/	31March
	Apri12021	Income	Expenditure	(Losses)	2022
	£	£	£	£	£
Generalfunds	14,963,115	6,201,169	(10,106,999)	1,095,674	12,152,959
Restrictedfunds	13,456	96,382	(97,382)	-	12,456
	14,976,571	6,297,551	(10,204,381)	1,095,674	12,165,415
Summaryoffunds-prioryear
					Balanceat
	Balanceat			Gains/	31March
	1April2020	Income	Expenditure	(Losses}	2021
	£	£	£	£	£
Generalfunds	10,736,138	6,606,741	(4,547,449}	2,167,685	14,963,115
Restrictedfunds	9,030	47,502	(43,076)	-	13,456
	10,745,168	6,654,243	(4,590,525)	2,167,685	14,976,571
Analysisofnetassetsbetweenfunds
Analysisofnetassetsbetweenfunds-current		year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			£	£	£
Tangiblefixedassets			15,000	-	15,000
Fixedassetinvestments			13,541,678	-	13,541,678
Currentassets			3,261,984	12,456	3,274,440
Creditorsduewithinoneyear			(4,665,703)	-	(4,665,703}
Total			12,152,959	12,456	12,165,415

	Unrestricted	Restricted	Total
	funds	funds	funds
	2021	2021	2021
	£	£	£
Tangiblefixedassets	15,000	-	15,000
Fixedassetinvestments	11,446,004	-	11,446,004
Currentassets	6,106,413	13,456	6,119,869
Creditorsduewithinoneyear	(2,604,302)	-	(2,604,302)
Total	14,963,115	13,456	14,976,571

	Group	Group
	2022	2021
	£	£
Netincomelexpenditurefortheyear(asperStatementofFinancial
Activities)	(2,811,156)	4,231,403
Adjustmentsfor:
Losses/(gains)oninvestments	(1,095,674)	(2,167,685)
Dividends,interestsandrentsfrominvestments	(2,046)	(13,741)
Increaseindebtors	(275,921)	(265,413)
Increase/(decrease)increditors	2,061,401	{1,575,847)
Netcashprovidedby/(usedin)operatingactivities	(2,123,396)	208,717

	Group	Group
	2022	2021
	£	£
Cashinhand	2,616,727	5,738,077

	At1April		At31March
	2021	Cashflows	2022
	£	£	£
Cashatbankandinhand	5,738,077	(3,121,350)	2,616,727

	Group	Group	Charity	Charity
	2022	2021	2022	2021
	£	£	£	£
Notlaterthan1year	12,000	12,000	12,000	12,000
Laterthan1yearandnotlaterthan5years	48,000	48,000	48,000	48,000
Laterthan5years	168,000	180,000	168,000	180,000
	22$,000	240,000	228,000	240,000

Thefollowi	ngwasasubsi	diaryundertakingoft	heCharity:
Name		Company	Registeredofficeorprincipal	Principalactivity
		number	placeofbusiness
ASCBTradingLimited		11997374	AlexandraNouse,StJohns	Tofurthertheobjects
			Street,Salisbury,Wiltshire,	ofandgenerate
			UnitedKingdom,SP12SB	profitsforASCB
				CharitableFund
Classof	Holding	Includedin
shares		consolidation
Ordinary	100%	Yes

hefinancialresultsofthesubsidia	ryfortheyearwere:
Name	Income	Expenditure	Profit/(Loss)	Netassets
	£	£	/Surplus/	£
			{Deficit)for
			theyear
ASCBTradingLimited	393,720	(141,702)	252,018	252,019