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2023-10-31-accounts

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

HMS EXCELLENT

ANNUAL REPORT AND FINANCIAL STATEMENTS

For Period

1 November 2022 to 31 October 2023

Registered Charity No. 1129720

Trustees’ Annual Report and Comments

Warrant Officers’, Senior Ratings’, and Senior Non-Commissioned Officers’ Mess HMS EXCELLENT

Charity Registered No: 1129720 Covering Accounting Year: 1 November 2022 to 31 October 2023 Address: HMS EXCELLENT Whale Island Portsmouth PO2 8ER 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 HMS EXCELLENT and lodger units located on Whale Island. Trustee: Commander S Gale Royal Navy Trustee selection method: Appointed as such by the Naval Secretary. Bankers: RBS/Holts Farnborough GU14 7NR Independent Examiner: M L Butcher FMAAT 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. The mess put on a social programme largely funded by profits from the bar and other trading activities. Financial Review: The net value of the mess at year-end totalled £87.8K including property and stocks worth £15.9K. This was a slight fall of £0.3K compared to the previous year. Bank, cash, and deposit accounts easily covered the liabilities of £15.7K. Investment Selection Policy: No investments were held.

Financial Reserves Policy: The Trustee has considered the level of reserves to retain, appropriate to the charity’s needs. Reserves of £17.3K are held in a deposit account. The Trustee aims 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 perform their roles more effectively 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 I 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 Commander S Gale Royal Navy. Appointment Commanding Officer and Sole Managing Trustee Date 19 December 2023

Independent Examiner’s Report to the Trustee of the Warrant Officers’, Senior Ratings’, and SNCOs’ Mess HMS Excellent. Registered Charity No. 1129720

I report on the accounts of the Charity for the year ended 31 October 2023 which are set out in pages 1 to 6.

Responsibilities and basis report

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.

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination; I confirm that no material matters have come to my attention which gives me cause to believe that in any material respect:

I have no concerns and 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

19 December 2023

HMS EXCELLENT WOs, SRs & SNCOs MESS FUND

Registered Charity No 1129720

BALANCE SHEET

31-Oct-23

Fixed Assets
Note
Property
7
Current Assets
Stocks
8
Mess Subscriptions
Misc Debtors & Prepayments
9
Cash & Floats
Current Accounts
Charities Deposit A/C
Liabilities
Creditors
10
Net current assets
Net Assets
Approved on 19 December 2023
8,382.00
£
10,147.00
£
7,492.75
£
5,858.35
£
9,081.90
£
7,296.83
£
6,616.41
£
2,733.76
£
4,277.92
£
3,912.44
£
50,309.31
£
53,719.76
£
17,277.63
£
16,631.69
£
95,055.92
£
90,152.83
£
15,664.82
£
12,213.06
£
15,664.82
£
12,213.06
£
79,391.10
£
77,939.77
£
87,773.10
£
88,086.77
£
Commander S Gale Royal Navy
Sole Managing Trustee
Signed on Original
31-Oct-22

1

XSRBSOct23Z.xlsBALANCE SHEET

HMS EXCELLENT WOs, SRs & SNCOs MESS FUND

STATEMENT OF FINANCIAL ACTIVITIES

For Year ended 31 October 2023

Income from:
Notes
Charitable Activities
Other Trading Activities
Investments
Total
3
Expenditure on:
Raising Funds
Charitable Activities
Total
4
Net Expenditure
Net Movement in Funds
Total Funds Brought Forward
Total Funds Carried Forward
120,805.38
£
14,524.94
£
1,149.67
£
136,479.99
£
11,299.95
£
125,493.71
£
136,793.66
£
(313.67)
£
(313.67)
£
88,086.77
£
87,773.10
£
Year to 31 Oct 22
140,050.44
£
11,356.24
£
166.61
£
151,573.29
£
10,259.41
£
154,422.03
£
164,681.44
£
(13,108.15)
£
(13,108.15)
£
101,194.92
£
88,086.77
£

2

HMS EXCELLENT WOs, SRs & SNCOs MESS FUND

NOTES TO THE ACCOUNTS

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. UK Accounting Standards and the Charities Acts

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. The Mess does have a policy of revaluation. Depreciation is monthly, straight line and over the estimated life of the item.

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

Note 2 - Investments

The mess has no investments

Note 3 - Income from

Charitable Activities
Mess Subscriptions
Associate Mess Subscriptions
Bar Sales
Mess Functions
Private Functions - Mess Members
WRNSBT Donation
Family Rooms
Misc Income
Other Trading Activities
Private Functions - Non Mess Members
Tablecloth Hire
Facilities Hire
Pussers Rum Income
Mess Port
Mess Shop
Investment Income
Interest Received
Total Income
58,818.00
£
1,655.06
£
39,643.46
£
14,050.75
£
6,238.78
£
300.00
£
-
£
99.33
£
12,067.25
£
-
£
316.00
£
366.66
£
1,470.81
£
304.22
£
Year to Oct 22
52,342.85
£
640.00
£
55,864.90
£
15,816.48
£
12,661.01
£
-
£
360.00
£
2,365.20
£
120,805.38
£
140,050.44
£
8,775.84
£
205.46
£
724.38
£
-
£
1,376.83
£
273.73
£
14,524.94
£
11,356.24
£
1,149.67
£
166.61
£
136,479.99
£
151,573.29
£
Year to Oct 22
52,342.85
£
640.00
£
55,864.90
£
15,816.48
£
12,661.01
£
-
£
360.00
£
2,365.20
£
120,805.38
£
140,050.44
£
8,775.84
£
205.46
£
724.38
£
-
£
1,376.83
£
273.73
£
14,524.94
£
11,356.24
£
1,149.67
£
166.61
£
136,479.99
£
151,573.29
£
151,573.29
£

3

XSRBSOct23Z.xlsSOFAI

Note 4 - Expenditure

Raising Funds
Private Functions - Non Mess Members
Mess Port
Mess Shop
Charitable Activities
Trading Costs
Entertainment & Functions (from tickets)
Private Functions - Mess Members
Function Subsidies
Bar Costs
Pussers Rum
Associate Member Refunds
Additional VAT
Mess Running Costs
Minor Functions
Xmas Draw Subsidy
Mess Guests
TV Video & Audio
Newspapers
Coffee
Water Dispense Machine
Dining Hall Extras
Insurance & Trophy Hire
Donation - Fireworks Welfare
Welfare Grant
Flowers & Presentations
Leaving Gifts
Performmg Rights
Repairs, Renewals & Improvements
Coronation Coins - Presentations
Safe Down Adjustment
Misc Expenditure
Governance Costs
Account Examination
Support Costs
Sage/IT
Mess Bill Write Off
Postage, Printing & Stationery
Bank and Card Charges
Commiittee Costs
Depreciation
Total Expenditure
9,992.01
£
1,150.23
£
157.71
£
14,050.75
£
5,198.98
£
25,513.34
£
31,405.22
£
457.56
£
-
£
1,953.65
£
1,135.17
£
2,523.31
£
3,279.80
£
7,948.01
£
188.95
£
11,465.92
£
773.20
£
334.59
£
862.80
£
250.00
£
500.00
£
473.00
£
-
£
1,042.68
£
5,596.03
£
2,083.33
£
463.28
£
3.12
£
2,215.00
£
-
£
13.00
£
257.94
£
1,855.93
£
499.16
£
3,149.99
£
Year to Oct 22
8,775.84
£
1,238.35
£
245.22
£
11,299.95
£
10,259.41
£
15,816.48
£
12,661.01
£
26,880.71
£
43,765.94
£
-
£
665.00
£
1,558.00
£
2,301.72
£
3,267.50
£
1,932.60
£
7,221.58
£
686.30
£
24,655.43
£
480.31
£
144.50
£
951.26
£
100.00
£
500.00
£
280.48
£
46.64
£
696.32
£
1,438.78
£
-
£
-
£
10.50
£
2,180.00
£
164.98
£
75.00
£
119.90
£
2,065.10
£
179.99
£
3,576.00
£
125,493.71
£
154,422.03
£
136,793.66
£
164,681.44
£
Year to Oct 22
8,775.84
£
1,238.35
£
245.22
£
11,299.95
£
10,259.41
£
15,816.48
£
12,661.01
£
26,880.71
£
43,765.94
£
-
£
665.00
£
1,558.00
£
2,301.72
£
3,267.50
£
1,932.60
£
7,221.58
£
686.30
£
24,655.43
£
480.31
£
144.50
£
951.26
£
100.00
£
500.00
£
280.48
£
46.64
£
696.32
£
1,438.78
£
-
£
-
£
10.50
£
2,180.00
£
164.98
£
75.00
£
119.90
£
2,065.10
£
179.99
£
3,576.00
£
125,493.71
£
154,422.03
£
136,793.66
£
164,681.44
£
164,681.44
£

Note 5 - Paid Employees

There were no employees paid by the fund.

Note 6 - Trustees and Other Related Parties

4

Note 7 - Tangible Fixed Assets - Property Account Note 7 - Tangible Fixed Assets - Property Account - Fixtures & Fittings
Property Valuation as at 1 Nov 22 £ 10,147.00
Additions £ 1,384.99
Depreciation/Disposals £ (3,149.99)
Property Valuation at 31 Oct 23 £ 8,382.00
Note 8 - Stocks
Bar £ 5,393.04
Mess Port £ 1,295.07
Mess Shop £ 804.64
£ 7,492.75
Note 8 - Stocks
Bar
£
Mess Port
£
Mess Shop
£
£
Note 8 - Stocks
Bar
£
Mess Port
£
Mess Shop
£
£
5,393.04

1,295.07

804.64

7,492.75
Note 9 - Miscellaneous Debtors and Prepayments
VAT £ 1,193.65
Interest Accrued £ 74.00
Wardroom - Pussers Rum Income £ 109.17
Top Table Dinner 27/10 Prepaid £ 3,998.42
Christmas Ball 2023 Expenditure Prepaid £ 664.17
Trophy Hire Prepaid £ 28.00
Insurance Prepaid £ 271.00
PRS/PPL Prepaid £ 278.00
£ 6,616.41
Note 10 - Creditors falling due within one year
Bar - BOC £ 128.14
Bar - Green King £ 654.95
Christmas Ball 2023 Tickets Prepaid £ 1,683.28
Xmas Draw Tickets Prepaid £ 1,671.10
Function Deposits Prepaid £ 2,850.93
Top Table Dinner 27/10 Prepaid £ 3,998.42
Annual Welfare Grant £ 500.00
HMRC - Additional VAT £ 1,953.65
PNIE £ 550.00
Water Logic £ 52.37
ESS Bar Snacks £ 253.26
Soundnet £ 92.40
Charity Bottle £ 193.73
Meat Raffle £ 261.62
Corp Birthday £ 741.67
Dry Cleaning £ 79.30
£ 15,664.82

Note 11 - There are no restricted or designated funds.

Note 12 - Other Information

Declarations

5

Sales
Sales at Cost
Opening Stock at 1 Nov 22
Add: Purchases
Less: Closing Stock at 31 Oct 23
Total Cost of Sales
Gross Profit
Gross Profit to Sales (excl at cost)
Gross Profit to all Sales
Gross Profit to Cost of Sales (ie av mark up)
Bar Expenses:
Spoilage/Spillage/Pipeclean
Bar Sundries
Total Bar Expenses
Net Profit
-------
Port Sales
Less Cost of Sales
Profit
-------
Shop Sales
Less Cost of Sales
Profit
12 months to 31 Oct 23
12 months to 31 Oct 22
37,784.97
£
54,215.81
£
1,858.49
£
1,649.09
£
39,643.46
£
55,864.90
£
3,587.60
£
4,980.09
£
29,157.36
£
37,924.14
£
32,744.96
£
42,904.23
£
(5,393.04)
£
(3,587.60)
£
27,351.92
£
39,316.63
£
12,291.54
£
16,548.27
£
32.5%
30.5%
31.0%
29.6%
44.9%
42.1%
1,858.49
£
1,943.72
£
2,194.81
£
2,505.59
£
4,053.30
£
4,449.31
£
8,238.24
£
22%
12,098.96
£
22%
----------------------------------------------------------------------------
1,470.81
£
1,376.83
£
(1,150.23)
£
(1,238.35)
£
320.58
£
138.48
£
-----------------------------------------------------------------------------
304.22
£
273.73
£
(157.71)
£
(245.22)
£
146.51
£
28.51
£
Bar Trading Account
Port Trading Account
Shop Trading Account

6

XSRBSOct23Z.xlsBAR

Independent Examiner’s Report to the Trustee of the Warrant Officers’, Senior Ratings’, and SNCOs’ Mess HMS Excellent. Registered Charity No. 1129720

I report on the accounts of the Charity for the year ended 31 October 2023 which are set out in pages 1 to 6.

Responsibilities and basis report

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.

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination; I confirm that no material matters have come to my attention which gives me cause to believe that in any material respect:

I have no concerns and 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

19 December 2023