## 

||`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|<br>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|
||`£`|`£`|<br>`£`|`£`|<br>`£`|
|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|
||`£`|`£`|<br>`£`|`£`|<br>`£`|
|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|
||`£`|`£`|<br>`£`|`£`|<br>`£`|
|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|
||`£`|`£`|<br>`£`|`£`|<br>`£`|
|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|
||`£`|<br>`£`|<br>`£`|
|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|