**REGISTERED CHARITY NUMBER: 1130224**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022**
## **FOR**
## **SERGEANTS' MESS CTCRM**
Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
**SERGEANTS' MESS CTCRM**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|16|
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 January 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The fund exists for the collective benefit of the SNCOs Mess, to provide the appropriate facilities to enhance the military and individual skills of all mess members.
The objects of the fund are for the promotion of efficiency of the Armed Forces of the Crown by the provision and support of facilities and activities for the efficiency and well-being of service personnel.
## **Significant activities**
The fund carries out these objects by:
Providing and assisting service personnel to more effectively perform their roles within the Armed Forces of the Crown by providing and supporting social activities, sporting and adventure training activities and associated facilities. This assistance enables service personnel to face the challenges and danger associated with military service by developing and maintaining their teamwork; skills; fitness; confidence, character, spirit, attitude and morale. As a result the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the capability of the Royal Marines to undertake the roles demanded of it including the defence of the United Kingdom and its interests.
Income to the Charity is derived from subscriptions, various grants, rebates, surpluses from the bar and occasional donations. This income is sufficient to meet the demands of the various activities and assist the organisation to carry out the individual and/or group activities to assist in team building. This has been demonstrated by the many varied grants to groups and individuals to pursue activities and in doing so have enhanced military efficiency, improved moral and enhanced the general welfare of the beneficiaries of the fund.
In making those grants the management has considered the impact on the fund/account and where necessary has designated the amounts shown in the accounts to be carried over to the following year which represent the amounts allocated but not yet spent.
The activities of the charity in the form of social and occasional sporting events are accounted for by means of designated and restricted funds. The management find that by using these funds to analyse the income and expenditure, it can control the various projects with more ease for current and future charitable objects.
## **Public benefit**
In accordance with the requirements of the Charities Act 2011 and the associated Charities (Accounts and Reports) Regulations 2008, the trustee confirms that he has complied with his duties to have due regard to the guidance on public benefit as published by the Charity Commission, in exercising his powers and duties in the year under review.
## **Grantmaking**
The policy of the Trustee is to manage the Fund's affairs with prudence taking into consideration the long term as well as a short term view of the fund, whilst expending the income in accordance with the purpose laid down in the Fund's Charter. Grants to groups and individuals are made within the bounds of the charter.
Fund meetings are held monthly when it is practically possible where the management committee will consider bids and applications to the fund. Any bids falling outside the bounds of the charter are not normally approved unless they are within the spirit of the aim of the fund charter.
Page 1
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2022**
## **FINANCIAL REVIEW**
## **Financial position**
There has been a steady income and expenditure flow within the accounting period. Income and expenditure increased in 2022 as Covid-19 restrictions eased, allowing for some events to happen. The fund continues to operate as a going concern with sufficient funds available for the day to day and future activities.
The Trustee is generally satisfied with the performance of the fund over the last accounting period despite the challenges created by the pandemic and considers that expenditure has been within the charter of the fund.
## **Investment policy and objectives**
The Trustee has the power to invest in such assets as he sees fit within the restrictions of the Investment policy laid down in Service Fund Regulations Chapter 8. The Trustee's aim is to invest all funds surplus to immediate requirements in interest bearing accounts to maximise the returns.
## **Reserves policy**
The Trustee's policy is to maintain a sufficient level of reserves to provide a stable base for the Charity's continuing activities. General reserves are normally only maintained at a level which is sufficient to meet the running costs of the Charity and to make grants in accordance with the Charity's objectives on a regular basis.
The Trustee considers that the level of free reserves to be maintained is £20,000 for working capital requirement and contingency for unexpected costs ie repairs.
At 31 January 2022 the charity has free reserves of £49,019. This has been calculated as follows:
||£|
|---|---|
|Unrestricted funds per balance sheet|80,553|
|Less designated funds for scheduled events and known financial obligations|(30,854)|
|Less functional tangible fixed assets|(680)|
|||
|TOTAL|49,019|
|||
This shows that the charity had free reserves in excess of its policy of £29,019 at 31 January 2022. The Trustee is considering ways to effectively bring the level of free reserves back in line with the stated policy.
## **FUTURE PLANS**
The charitable objectives for the forthcoming year are to:
- Provide the appropriate amenity facilities for the members of the Sergeants Mess.
- Make appropriate grants and to maintain and enhance the performance of the personnel within the organisation.
- Carry out refurbishment and improvement to the Mess for the betterment of its members and guests.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, its Charter, and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
The Commanding Officer of CTCRM is the sole Managing Trustee in line with current service regulations. The Trustee is therefore selected by appointment from within the Royal Marines and will generally change at regular intervals.
## **Decision making**
The Trustee has delegated the day to day running of the account to nominated representatives from within the unit organisation. Committee meetings are held on a frequent basis and have been structured to provide a wide representation of members to represent the best interests of the Charity. However, all decisions are minuted and approved by the Trustee as laid down within the charter.
Page 2
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees**
Trustees are inducted by appointment and will have received training in account management in accordance with Service Fund Regulations and whose duties are laid down in Queens Regulations.
## **Risk management**
The management have considered the major risks to which the charity is exposed. These risks have been reviewed and the management have established systems and procedures to manage them. The Trustee considers by reviewing the accounts monthly, the management are able to manage and review the income over expenditure.
The Trustee's view is that a good level of reserves and the low administrative costs of the charity mean that its exposure to risk is very limited. The Trustee, as a matter of principle, does not accept any obligations on behalf of the Charity without having the funds immediately available to meet those obligations.
The internal checks and controls governed by Service regulations ensure that regular and random checks are applied to the Charity to safeguard its assets and grant making policy.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1130224
## **Principal address**
Commando Training Centre Royal Marines Lympstone Exmouth Devon EX8 5AR
## **Trustees**
Lt Col C D R Samuel
## **Independent Examiner**
Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
## **Bankers**
Barclays Bank plc Exmouth Devon
Approved by order of the board of trustees on 1 June 2022 and signed on its behalf by:
Lt Col C D R Samuel - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SERGEANTS' MESS CTCRM**
## **Independent examiner's report to the trustees of Sergeants' Mess CTCRM**
I report to the charity trustees on my examination of the accounts of Sergeants' Mess CTCRM (the Trust) for the year ended 31 January 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Gavin Whitter ICAEW Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
7 June 2022
Page 4
## **SERGEANTS' MESS CTCRM**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2022**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
2,971
2,254
**Charitable activities**
4
Mess facilities and activities
78,301
-
Investment income
3
13
-
**Total**
81,285
2,254
**EXPENDITURE ON**
**Charitable activities**
5
Mess facilities and activities
75,447
2,135
**NET INCOME**
5,838
119
**Transfers between funds**
16
(1,850)
1,850
**Net movement in funds**
3,988
1,969
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
76,565
1,741
**TOTAL FUNDS CARRIED FORWARD**
80,553
3,710|31.1.22
31.1.21
Total
Total
funds
funds
£
£
5,225
450
78,301
68,880
13
51
83,539
69,381
77,582
62,444
5,957
6,937
-
-
5,957
6,937
78,306
71,369
84,263
78,306|31.1.22
31.1.21
Total
Total
funds
funds
£
£
5,225
450
78,301
68,880
13
51
83,539
69,381
77,582
62,444
5,957
6,937
-
-
5,957
6,937
78,306
71,369
84,263
78,306|
|---|---|---|
|||69,381
62,444|
|||6,937
-|
|||6,937
71,369|
|||78,306|
The notes form part of these financial statements
Page 5
## **SERGEANTS' MESS CTCRM**
## **BALANCE SHEET 31 JANUARY 2022**
|Notes
**FIXED ASSETS**
Tangible assets
11
**CURRENT ASSETS**
Stocks
12
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.1.22
£
680
7,643
1,436
91,798
100,877
(17,294)
83,583
84,263
84,263
80,553
3,710
84,263|31.1.21
£
2,354
5,455
1,621
81,415
88,491
(12,539)
75,952
78,306
78,306
76,565
1,741
78,306|
|---|---|---|
The financial statements were approved and authorised for issue by the Board of Trustees and authorised for issue on 1 June 2022 and were signed on its behalf by:
Lt Col C D R Samuel - Trustee
The notes form part of these financial statements
Page 6
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
Voluntary income including donations, gifts and legacies and grants that provide funding of a general nature are recognised where there is entitlement, the receipt is probable and the amount can be measured with sufficient reliability. Such income is only deferred when:
- the donor specifies that the grant or donation must only be used in future accounting periods; or
- the donor has imposed conditions which must be met before the charity has unconditional entitlement.
Income from activities for generating funds, such as vending income, are recognised on a receivable basis.
Investment income is recognised on a receivable basis.
Income from charitable activities relates to mess subscriptions and events. Such income is recognised on a receivable basis.
## **Volunteers and donated services**
The value of services provided by volunteers is not incorporated into these financial statements.
Where goods or services are provided to the charity as a donation that would normally be purchased from suppliers, this contributions is included in the financial statements at an estimate based on the value of the contribution to the charity.
## **Expenditure**
Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as goods or services are supplied.
- Costs of generating funds are those costs incurred in attracting voluntary income.
- Charitable activities include expenditure associated with mess facilities and events and include both the direct costs and support costs relating to those activities.
- Support and governance costs include central functions and have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Irrecoverable vat**
All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
Page 7
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment
- 33% on cost
Individual fixed assets costing £500 or more are capitalised at cost.
## **Fixed asset investments**
Investments are stated at market value inclusive of accrued income as at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout the year.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between the market value at the end of the year and opening market value or purchase date if later. Realised and unrealised gains are not separated in the Statement of Financial Activities.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Stock is valued on an average cost basis.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**|||
|---|---|---|
||31.1.22|31.1.21|
||£|£|
|Grants and donations|326|-|
|Grants|4,899|450|
||5,225|450|
|Grants received, included in the above, are as follows:|||
||31.1.22|31.1.21|
||£|£|
|RMA - The Royal Marines Charity|4,899|450|
Page 8
continued...
## **SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
|**3.**
**INVESTMENT INCOME**
31.1.22
£
Bank interest received
13
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
31.1.22
Activity
£
Trading income
Mess facilities and activities
27,100
Amenity charges
Mess facilities and activities
1,620
Mess subscriptions
Mess facilities and activities
49,098
Function ticket income
Mess facilities and activities
483
78,301
**5.**
**CHARITABLE ACTIVITIES COSTS**
Grant
funding of
Direct
activities
Support
Costs (see
(see note
costs (see
note 6)
7)
note 8)
£
£
£
Mess facilities and activities
74,074
1,860
1,648
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
31.1.22
£
Presentation costs
4,437
Corps birthday
4,735
Trading operating costs
27,202
Tea, coffee and fruit
15,084
Renovations/repairs
2,203
Function drinks
2,245
Function equipment hire and miscellaneous costs
5,761
Meat draw costs
-
Flowers for sick visitors
243
Sky TV
4,215
TV licence
158
Newspapers
1,115
Mess guests
1,145
Mess ents/misc costs
3,857
Games night
-
Depreciation
679
Loss on sale of assets
995
74,074|31.1.21
£
51
31.1.21
£
15,144
735
53,001
-|
|---|---|
||68,880|
||Totals
£
77,582|
||31.1.21
£
1,973
5,624
14,993
7,823
9,343
-
10,383
98
98
2,865
155
780
-
3,313
100
1,488
-|
||59,036|
Page 9
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **7. GRANTS PAYABLE**
|**GRANTS PAYABLE**||||
|---|---|---|---|
|||31.1.22|31.1.21|
|||£|£|
|Mess facilities and activities||1,860|1,598|
|All grants were paid to individuals.||||
|**SUPPORT COSTS**||||
|||Governance||
||Management|costs|Totals|
||£|£|£|
|Mess facilities and activities|448|1,200|1,648|
|Support costs, included in the above, are as follows:||||
|||31.1.22|31.1.21|
|||Mess||
|||facilities||
|||and|Total|
|||activities|activities|
|||£|£|
|Insurance||321|359|
|Bank charges||127|251|
|Independent examination fees||1,200|1,200|
|||1,648|1,810|
## **8. SUPPORT COSTS**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2022 nor for the year ended 31 January 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2022 nor for the year ended 31 January 2021.
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
-
450
**Charitable activities**
Mess facilities and activities
68,880
-
Investment income
51
-
**Total**
68,931
450
**EXPENDITURE ON**
**Charitable activities**
Mess facilities and activities
62,095
349
**NET INCOME**
6,836
101|Total
funds
£
450
68,880
51|
|---|---|
||69,381
62,444|
||6,937|
Page 10
continued...
## **SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
|**10.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||£|£|£|
||**RECONCILIATION OF FUNDS**||||
||**Total funds brought forward**|69,729|1,640|71,369|
||**TOTAL FUNDS CARRIED FORWARD**|76,565|1,741|78,306|
|**11.**|**TANGIBLE FIXED ASSETS**||||
|||||Fixtures,|
|||||fittings|
|||||and|
|||||equipment|
|||||£|
||**COST**||||
||At 1 February 2021|||20,624|
||Disposals|||(995)|
||At 31 January 2022|||19,629|
||**DEPRECIATION**||||
||At 1 February 2021|||18,270|
||Charge for year|||679|
||At 31 January 2022|||18,949|
||**NET BOOK VALUE**||||
||At 31 January 2022|||680|
||At 31 January 2021|||2,354|
|**12.**|**STOCKS**||||
||||31.1.22|31.1.21|
||||£|£|
||Stocks||7,643|5,455|
|**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.1.22|31.1.21|
||||£|£|
||Trade debtors||210|1,403|
||VAT||596|218|
||Prepayments||630|-|
||||1,436|1,621|
Page 11
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other creditors
**15.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
funds
£
Fixed assets
680
Current assets
97,167
Current liabilities
(17,294)
80,553
**16.**
**MOVEMENT IN FUNDS**
At 1.2.21
£
**Unrestricted funds**
General fund
53,652
Special Entertainment Fund
4,744
Bookkeeping support
18,000
Christmas Function
169
76,565
**Restricted funds**
Meat draw
332
Refurbishment Fund
753
Charity Fund
50
SCC Hosting
450
RMC Entertainments Fund
156
1,741
**TOTAL FUNDS**
78,306|Restricted
funds
£
-
3,710
-
3,710
Net
movement
in funds
£
16,228
(3,628)
-
(6,762)
5,838
-
519
(400)
-
-
119
5,957|31.1.22
£
17,294
31.1.22
Total
funds
£
680
100,877
(17,294)
84,263
Transfers
between
funds
£
(20,181)
4,500
-
13,831
(1,850)
-
1,450
400
-
-
1,850
-||31.1.21
£
12,539
31.1.21
Total
funds
£
2,354
88,491
(12,539)
78,306
At
31.1.22
£
49,699
5,616
18,000
7,238
80,553
332
2,722
50
450
156
3,710
84,263|
|---|---|---|---|---|
||||||
||||||
Page 12
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **16. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|80,901|(64,673)|16,228|
|Special Entertainment Fund|-|(3,628)|(3,628)|
|Christmas Function|384|(7,146)|(6,762)|
||81,285|(75,447)|5,838|
|**Restricted funds**||||
|Refurbishment Fund|2,254|(1,735)|519|
|Charity Fund|-|(400)|(400)|
||2,254|(2,135)|119|
|**TOTAL FUNDS**|83,539|(77,582)|5,957|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Special Entertainment Fund
Bookkeeping support
Christmas Function
**Restricted funds**
Meat draw
Refurbishment Fund
Charity Fund
SCC Hosting
RMC Entertainments Fund
**TOTAL FUNDS**|Net
Transfers
movement
between
At 1.2.20
in funds
funds
£
£
£
46,849
22,289
(15,487)
5,193
(5,624)
5,175
12,000
-
6,000
5,687
(9,829)
4,312
69,729
6,836
-
332
-
-
753
-
-
399
(349)
-
-
450
-
156
-
-
1,640
101
-
71,369
6,937
-|At
31.1.21
£
53,651
4,744
18,000
170|
|---|---|---|
|||76,565
332
753
50
450
156|
|||1,741|
|||78,306|
Page 13
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|68,931|(46,642)|22,289|
|Special Entertainment Fund|-|(5,624)|(5,624)|
|Christmas Function|-|(9,829)|(9,829)|
||68,931|(62,095)|6,836|
|**Restricted funds**||||
|Charity Fund|-|(349)|(349)|
|SCC Hosting|450|-|450|
||450|(349)|101|
|**TOTAL FUNDS**|69,381|(62,444)|6,937|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Special Entertainment Fund
Bookkeeping support
Christmas Function
**Restricted funds**
Meat draw
Refurbishment Fund
Charity Fund
SCC Hosting
RMC Entertainments Fund
**TOTAL FUNDS**|Net
Transfers
movement
between
At 1.2.20
in funds
funds
£
£
£
46,849
38,517
(35,668)
5,193
(9,252)
9,675
12,000
-
6,000
5,687
(16,591)
18,143
69,729
12,674
(1,850)
332
-
-
753
519
1,450
399
(749)
400
-
450
-
156
-
-
1,640
220
1,850
71,369
12,894
-|At
31.1.22
£
49,698
5,616
18,000
7,239|
|---|---|---|
|||80,553
332
2,722
50
450
156|
|||3,710|
|||84,263|
Page 14
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **16. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|149,832|(111,315)|38,517|
|Special Entertainment Fund|-|(9,252)|(9,252)|
|Christmas Function|384|(16,975)|(16,591)|
||150,216|(137,542)|12,674|
|**Restricted funds**||||
|Refurbishment Fund|2,254|(1,735)|519|
|Charity Fund|-|(749)|(749)|
|SCC Hosting|450|-|450|
||2,704|(2,484)|220|
|**TOTAL FUNDS**|152,920|(140,026)|12,894|
## **Meat draw**
The meat draw is an internal raffle for mess membership and the money taken is used to purchase the raffle prizes. All surplus is used at the end of term raffle.
## **Refurbishment Fund**
The Refurbishment Fund is for the ongoing projects to provide resources to upgrade the Mess as and when required. Money is allocated from the Mess funds and from external grants and only spent on the approved projects.
## **Charity Fund**
The Mess Charity Fund is money raised from mess events and given to the nominated charity of the Mess.
## **SCC Hosting Fund**
The SCC (Senior Command Course) Hosting Fund facilitates an end of course regimental dinner for successful course candidates.
## **RMC Entertainments Fund**
The RMC Entertainments Fund represents the funds received from RMA - The Royal Marines Charity for entertaining visitors to CTCRM in the Mess.
## **Silver and Property Fund**
The Silver and Property Fund generates income from fees charged for events to provide funds for purchasing and replacing silver, crystal or furniture.
Page 15
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2022**
## **17. RELATED PARTY DISCLOSURES**
## **Ministry of Defence**
The charity works closely with the Ministry of Defence (MOD). Some of the charity's personnel are employed by the MOD and the charity operates from MOD premises for which no charge is incurred. The amount of time spent by MOD personnel or the amount of MOD premises space utilised by the charity is not discrete from other MOD responsibilities. Therefore no value has been recognised as donated services within these financial statements for the use of MOD personnel and premises.
## **18. ULTIMATE CONTROLLING PARTY**
The charity is under the control of the trustee.
Page 16