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2021-04-30-accounts

WARRANT OFFICERS’, SENIOR RATINGS’ and SENIOR NON COMMISSIONED OFFICERS’ MESS

HMS NELSON

ANNUAL REPORT AND FINANCIAL STATEMENTS

For Period

1 May 2020 to 30 April 2021

Registered Charity No. 1128782

Trustees’ Annual Report and Comments

Warrant Officers’, Senior Ratings’ and Senior Non Commissioned Officers’ Mess HMS NELSON

Charity Registered No: 1128782
Covering the Accounting Year: 1 May 2020 to 30 April 2021
Address: HMS NELSON
Queen Street
Portsmouth PO1 3HH
Governing Document: Constitution (Mess Rules)
Objects:
Promotion of the Military Efficiency and Operational
Effectiveness of the Armed Forces by the provision of
mess facilities to Warrant Officers, Senior Ratings and
Senior Non Commissioned Officers serving in the
Her Majesty’s Naval Base Portsmouth.
Trustee: Commodore J J Bailey ADC Royal Navy
Trustee selection method: Appointed as such by the Naval Secretary.
Bankers Holts Military Banking
Royal Bank of Scotland
Farnborough
Surrey
Independent Examiner: M L ButcherFMAAT
5 Nursery Road
Havant
Hants PO9 3BG
Activities and achievements: To have resources available for expenditure on
improvements to the quality of life, and the engenderment of
espirit de corps. But for Covid-19 the mess would put on a
full social programme for its members, profits from the bar
and other activities would provide subsidies for social
functions.
Financial Review: The net worth of the fund had increased by £30.5K to
£146.4K, including property and stock worth £37.6K. The
bank, deposit and cash assets totalling £110.7K more than
covered the liabilities of £7K. The increase in funds was
mainly for three reasons:

Investment Selection Policy. No investments are held. Financial Reserves Policy: The Trustee has considered the level of reserves to retain, appropriate to the charity’s needs. Reserves of £49K are held in a deposit account. The Trustees aim to ensure that the charity will be able to fulfil its charitable objectives even if there is a temporary shortfall in income and unexpected expenditure. The Trustee will endeavour not to set aside funds unnecessarily. Grant Policy: Grants may be made to mess members to assist with the personal contributions to those sporting or other activities. Risk Assessment: The Trustee reviews the major risks to which the charity is exposed, and systems have been established to manage those risks and believes that by maintaining the free reserves stated it will provide sufficient resources in the event of adverse conditions. Quarterly independent examination of the accounts will mitigate the risk of any mismanagement by the mess committee. Public Benefit Statement This fund provides public benefit by assisting Service personnel to more effectively perform their roles within the Armed Forces of the Crown. It does this by providing and supporting mess facilities and social activities. This assistance enables Service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork, spirit and attitude, and morale. As a result, the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the Royal Navy’s and Royal Marines’ capability to undertake the roles demanded of it including the defence of the United Kingdom and its interests.

I confirm that have paid due regard to the Charity Commission of England and Wales’s guidance on public benefit when deciding what activities the charity should undertake.

Declaration:

I declare, in my capacity of Charity Trustee, that I have approved the above report.

Signature
Signed on Original
Name
Commodore J J Bailey Royal Navy.
Appointment Naval Base Commander and sole Managing Trustee
Date
17 June 2021

Independent Examiner’s Report to the Trustee of the Warrant Officers’, Senior Ratings’ and Senior NCOs’ Mess, HMS Nelson

I report on the accounts of the Charity for the year ended 30 April 2021 which are set out in pages 1 to 6 and accompanying notes.

Respective responsibilities of trustees and examiner

The charity’s trustee is responsible for the preparation of the accounts. The charity’s trustee considers that an audit is not required for this year under section 144(2) of the Charities Act 2011 (The Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustee for any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed on Original

M L Butcher FMAAT 5 Nursery Road Havant Hants PO9 3BG

17 June 2021

HMS NELSON WOs', SENIOR RATINGS' & SNCOs' MESS

Registered Charity No. 1128782

BALANCE SHEET

30-Apr-21

Notes
Fixed Assets
Mess Property
7
Current Assets
Stocks
7A
Mess Bills
Misc Debtors & Prepayments
8/8A
Cash
Current Account
Fair FX prepaid Mastercard
Deposit Account
Current Liabilities
Accounts payable
9
Other Misc liabilities
9A
Charity Chests
VAT
Total current liabilities
Net Current Assets
Net Assets
13,531.75
£
3,554.82
£
1,396.24
£
2,649.31
£
58,390.43
£
225.73
£
49,668.21
£
129,416.49
£
172.66
£
6,611.02
£
240.27
£
2.64
£
7,026.59
£
24,037.21
£
21,056.67
£
16,258.17
£
5,821.16
£
3,005.28
£
4,345.29
£
28,366.84
£
3,135.39
£
49,609.27
£
110,541.40
£
485.89
£
15,761.21
£
187.67
£
(730.58)
£
15,704.19
£
122,389.90
£
94,837.21
£
146,427.11
£
115,893.88
£
30-Apr-20
24,037.21
£
21,056.67
£
16,258.17
£
5,821.16
£
3,005.28
£
4,345.29
£
28,366.84
£
3,135.39
£
49,609.27
£
110,541.40
£
485.89
£
15,761.21
£
187.67
£
(730.58)
£
15,704.19
£
122,389.90
£
94,837.21
£
146,427.11
£
115,893.88
£
30-Apr-20
115,893.88
£

Approved on 17 June 2021 Signed on Original

Commodore J J Bailey ADC Royal Navy Sole Managing Trustee

1

NSRApr21BSZ.xlsBALANCE SHEET

HMS NELSON WOs', SENIOR RATINGS' & SNCOs' MESS

STATEMENT OF FINANCIAL ACTIVITIES

For twelve months to 30 April 2021

Notes
Income
Donations
Charitable Activities
Other Trading Activities
Investment Income
Total Income
3
Expenditure
Raising Funds
Charitable Activities
Total Expenditure
Net income
4
Plus Property Adjustments
Total funds brought forward
Total funds carried forward
16,245.55
£
81,793.38
£
2,982.88
£
31.34
£
101,053.15
£
1,925.77
£
68,594.15
£
70,519.92
£
30,533.23
£
-
£
115,893.88
£
146,427.11
£
Previous Year
833.11
£
176,219.54
£
25,262.50
£
313.22
£
202,628.37
£
19,969.62
£
168,530.30
£
188,499.92
£
14,128.45
£
8,497.17
£
93,268.26
£
115,893.88
£

2

Notes to the Accounts dated 30 April 2021

Note 1 - Accounting policies

a. The financial statements are prepared under the historic cost convention (as modified by the revaluation of fixed asset investments) and in accordance with applicable accounting standards: Charities Statement of Recommended Practice 2019 and the provisions of the Charities Act 2011. Significant policies adopted are:

Incoming resources

a. Donations are included in the Statement of Financial Activities (SOFA) when the Mess becomes entitled to the donation or grant and it is reasonably certain that it will be received.

Expenditure and liabilities

a. Liabilities are recognised as soon as there is a legal or constructive obligation committing the Mess to the expenditure.

Assets

a. Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £50. They are valued at cost or a reasonable value on receipt. Depreciation is actioned at 25% straight line over four years. In view of the diverse nature and multi use, depreciation is not allocated to any of the activity costs.

b. Stocks are valued at the lower of cost or market value.

Note 2 - Investments

There are none

Note 3 - Income

Donations
RNRMC Grants
Furlough Grants
Charitable Activities
Mess Subscriptions
Associate Mess Subs
Mess functions
Twickenham 19
Bar Sales
Weekly Raffle
Christmas Draw
Coffee & Tea
Misc Income
Raising Funds
Gaming Machines
Gamecards
Vending
Private Functions
Family Rooms
Investment Income
Bank Interest
Total Income
7,665.66
£
-
£
8,579.89
£
833.11
£
16,245.55
£
833.11
£
55,615.30
£
68,111.66
£
4,475.41
£
4,867.77
£
-
£
15,041.64
£
-
£
5,175.00
£
21,587.00
£
70,895.53
£
-
£
9,234.20
£
-
£
2,710.00
£
115.67
£
182.74
£
-
£
1.00
£
81,793.38
£
176,219.54
£
533.59
£
1,466.33
£
1,992.95
£
4,829.20
£
336.68
£
459.67
£
109.20
£
16,481.88
£
10.46
£
2,025.42
£
2,982.88
£
25,262.50
£
31.34
£
313.22
£
101,053.15
£
202,628.37
£
Year to 30 Apr 21
Previous Year
3

Note 4 - Expenditure

Raising Funds
Gamecards
Vending
Family Rooms
Private Functions
Charitable Activities
Operating Costs
Cost of Bar Sales
Functions (from ticket sales)
Function Subsidy
Twickenham 19
Weekly Raffle
Christmas Draw - Refund '20
Mess Guests
Performing Rights/PPL
MPLC Licence
Newspapers & Milk
Coffee & tea
Dining Hall extras
TV, Video & Audio
Monthly LAF Sports Contribution
Repairs & Renewals
Insurance
Trophy Hire
Additional cleaning/Laundry
Presentations /Gifts
Mementoes/Wine Boxes
Flowers and Decs
Misc Expenditure
Governance Costs
Accounts and Examination
Support Costs
Bank & Card Charges
Mess Staff Wages
Office
Mess Bill write off
Depreciation
Total Expenditure
1,441.07
£
4,482.20
£
448.04
£
570.79
£
-
£
717.25
£
36.66
£
14,199.38
£
1,925.77
£
19,969.62
£
32,479.73
£
66,730.26
£
-
£
15,041.64
£
-
£
16,823.12
£
-
£
7,271.53
£
-
£
9,336.07
£
181.00
£
3,843.57
£
88.48
£
1,286.55
£
840.00
£
1,185.03
£
374.00
£
442.00
£
1,383.10
£
3,335.11
£
7,895.19
£
11,374.31
£
-
£
3,330.24
£
4,265.59
£
6,014.66
£
3,000.00
£
3,000.00
£
784.89
£
1,771.83
£
1,432.04
£
1,433.54
£
29.97
£
-
£
137.79
£
145.73
£
205.00
£
709.04
£
130.55
£
-
£
117.74
£
101.99
£
404.41
£
241.87
£
2,350.00
£
2,240.00
£
1,394.89
£
1,112.68
£
6,723.62
£
6,604.21
£
89.77
£
335.24
£
-
£
307.00
£
4,286.39
£
4,513.08
£
68,594.15
£
168,530.30
£
70,519.92
£
188,499.92
£
Previous Year
Year to 30 Apr 21
1,441.07
£
4,482.20
£
448.04
£
570.79
£
-
£
717.25
£
36.66
£
14,199.38
£
1,925.77
£
19,969.62
£
32,479.73
£
66,730.26
£
-
£
15,041.64
£
-
£
16,823.12
£
-
£
7,271.53
£
-
£
9,336.07
£
181.00
£
3,843.57
£
88.48
£
1,286.55
£
840.00
£
1,185.03
£
374.00
£
442.00
£
1,383.10
£
3,335.11
£
7,895.19
£
11,374.31
£
-
£
3,330.24
£
4,265.59
£
6,014.66
£
3,000.00
£
3,000.00
£
784.89
£
1,771.83
£
1,432.04
£
1,433.54
£
29.97
£
-
£
137.79
£
145.73
£
205.00
£
709.04
£
130.55
£
-
£
117.74
£
101.99
£
404.41
£
241.87
£
2,350.00
£
2,240.00
£
1,394.89
£
1,112.68
£
6,723.62
£
6,604.21
£
89.77
£
335.24
£
-
£
307.00
£
4,286.39
£
4,513.08
£
68,594.15
£
168,530.30
£
70,519.92
£
188,499.92
£
Previous Year
Year to 30 Apr 21
188,499.92
£

Note 5 - Paid Employees

Note 6 -Trustees and Other Related Parties

4

NSRApr21BSZ.xlsSOFAE

Note 7 - Tangible Fixed Assets - Property - Fixture s & Fittings

Property Valuation as at 1 May 20
Additions
Depreciation & Write Offs
Property Valuation at 30 Apr 21
Note 7A - Stocks
Bar
Vending
Note 8 - Debtors
None
Note 8A - Prepayments
Insurance
TV Licence
Sky TV
Note 9 - Trading Creditors
BT
Elior
Note 9A - Miscellaneous Creditors
Crown Accommodation
HMRC PAYE/DWP
RNRMC Grant Prepaid
Christmas Draw
Port Fines
PNIE
21,056.67
£
7,266.93
£
(4,286.39)
£
24,037.21
£
13,407.85
£
123.90
£
13,531.75
£
-
£
-
£
1,067.00
£
159.00
£
170.24
£
1,396.24
£
8.59
£
164.07
£
172.66
£
4.68
£
191.00
£
5,334.34
£
286.00
£
205.00
£
590.00
£
6,611.02
£

5

Note 10 - Endowment or Restricted Income Funds

There are only unrestricted funds

Note 11 - Other Information

Declarations

Bar Trading for twelve months ended 30 April 2021

Sales
Cost of Sales
Gross Profit
Gross Profit/Sales =%
Gross Profit/Cost of Sales =
(i.e average mark up)
Less expenses:
Bar Wages & PAYE
Less Furlough Grants
Pipecleaning
Covid Write Off - Estimate
Bar Sundries/Maintenance
Gases
Net Profit /(Loss)
33.8%
%
51.0%
15,043.01
£
(8,579.89)
£
1,740.39
£
800.00
£
559.26
£
38.20
£
-11%
21,587.00
£
70,895.53
£
14,298.87
£
42,944.69
£
7,288.13
£
27,950.84
£
39.4%
65.1%
30%
20,121.44
£
27%
(833.11)
£
12.2%
2,028.90
£
4.7%
-
£
730.98
£
904.25
£
9,600.97
£
22,952.46
£
(2,312.84)
£
7.1%
4,998.38
£
Previous Year
21,587.00
£
70,895.53
£
14,298.87
£
42,944.69
£
7,288.13
£
27,950.84
£
39.4%
65.1%
30%
20,121.44
£
27%
(833.11)
£
12.2%
2,028.90
£
4.7%
-
£
730.98
£
904.25
£
9,600.97
£
22,952.46
£
(2,312.84)
£
7.1%
4,998.38
£
Previous Year
27,950.84
£
27%
4.7%
22,952.46
£
4,998.38
£

6

PN INDEPENDENT EXAMINATIONS

5 Nursery Road Havant Hants PO9 3BG

 07801 064450

Naval Base Commander HM Naval Base Portsmouth

14 May 21

HMS NELSON WARRANT OFFICERS’, SENIOR RATINGS’ & SENIOR NCOs’ MESS – EXAMINATION OF ACCOUNTS – 30 APR 21

  1. The annual examination of the WO, SR & SNCO Mess Fund for the year to 30 Apr 21 has been completed satisfactorily. The annual accounts and a draft Trustee’s Annual Report (TAR) are enclosed. After approval the on-line annual report to the Charity Commission should be completed including uploading PDF versions of these accounts and the TAR.

  2. The Mess had been quiet due to Covid. The accounts were, as always, very well presented with comprehensive documentation provided. Cash had been counted by Elior staff and the bar stock was mustered by the Bar Manager and the Vice President. There was no independent muster of cash or property.

  3. Non-depreciating property was worth £9.7K and depreciating property was worth £14.4K after £4.3K depreciation. Property items worth £7.3K were purchased. However, as these were funded by RNRMC grants it had the effect of increasing the assets of the fund at no cost to itself.

  4. The mess had four members with outstanding mess bills over three months old, albeit they were for small amounts totalling £156. The Mess Accountant has had support from the committee to chase slow payers when her efforts were rebuffed.

  5. The bar stock items had all been updated and were now recorded on the Sage software accounts system. At year end the value of mustered stock was £13.5K. All sales and purchases are now being actioned on Sage ready for when the bar re-opens.

  6. Bar sales were down by £49.3K to £21.6K mainly due to the bar remaining closed because of the Covid restrictions. Because of the closures, the bar made a net loss over the year of £2.3K (11%), after wages and other costs were deducted. The mess had to write off an estimated £800 of stock because it went out of date.

  7. Furlough grants totalling £8.6K helped towards reducing the large bar wage bill of £15K.

  8. The £88 function wine purchased from France some years ago was written off.

20210514-WOSRs Annual Examination 30 Apr 21-O

  1. Military subscription income of £55.6K exceeded normal running costs of £36.1K at the end of the year. This was despite the mess committee reducing the monthly mess fees to £8 from Feb 21. This will continue to Jun 21. Spending on running costs was also much reduced over the year as footfall in the mess fell because of Covid.

  2. Other income and costs were markedly affected by Covid and of note were:

  3. TV costs were down £1.7K to £4.3K. Sky had reduced their bill over part of the Covid period.

  4. Newspapers costs were down by nearly £2K to £1.4K because the order was cancelled

  5. Coffee costs decreased by £3.5K to £7.9K.

  6. There were no dining hall extra costs compared to £3.3K in Apr 20.

  7. Other noteworthy items were:

  8. The gaming machine share of profits was £533

  9. The game cards made a profit of £552.

  10. Mess wage costs had actually increased by a small margin to £6.7K.

  11. All mess functions had been cancelled due to Covid restrictions and consequently there was no function subsidy which would normally be covered by the trading profits of the mess (mainly bar, associate members fees). Therefore, there was no additional VAT bill to pay.

Summary

  1. The net worth of the fund had increased by £30.5K to £146.4K, including property and stock worth £37.6K. The bank, deposit and cash assets totalling £110.7K more than covered the liabilities of £7K.

  2. The increase in funds was mainly for three reasons:

  3. Subscription income exceeded running costs by £19.5K.

  4. Trading profits (associates fees less bar losses) of £2.2K were not needed for function subsidies.

  5. RNRMC grant of £7.7K

M L Butcher PN Independent Examinations

Information:

The Mess President, WO, SR & SNCO Mess, HMS Nelson

20210514-WOSRs Annual Examination 30 Apr 21-O