**REGISTERED CHARITY NUMBER: 1130224**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024**
## **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 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|16|
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 January 2024. 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 Sergeants' Mess Fund of Commando Training Centre Royal Marines was created to provide amenities, entertainment, and facilities for the SNCOs within the unit that is not otherwise provided for by the public purse and to promote military efficiency and well-being. The Commanding Officer of Commando Training Centre RM is the sole Managing Trustee in line with current service regulations. The Trustee is selected by appointment from within the Royal Marines and will generally change at regular intervals. 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.
The Trustee has delegated the day to day running of the account to nominated representatives (The Supervising Officer & Treasurer) from within the unit organisation. Committee (Sergeants' Mess) 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 Fund. However, all decisions are recorded and approved by the Trustee as laid down within the Charter.
The management have considered the major risks to which the Fund is exposed. These risks are continually reviewed, and the management have established systems and procedures to manage them. The Trustee considers, by reviewing the accounts monthly, the management can manage and review the income over expenditure.
The Fund exists for the collective benefit of all the SNCOs in Commando Training Centre Royal Marines and the main objective is to provide appropriate facilities to enhance the military and individual skills of all its 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 members to perform their roles more effectively 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 Fund is derived from voluntary subscriptions, various grants, and occasional donations. This income is enough 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 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 accounts, 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 Fund, in the form of social events, are accounted for by means of Designated and where necessary via Restricted Funds. The management find that by using these funds to analyse the income and expenditure, it can control the various projects within the Fund more easily and enable current and future charitable objects.
Page 1
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024**
## **OBJECTIVES AND ACTIVITIES**
## **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 (Sergeants' Mess) 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.
The Fund Charter is reviewed regularly to ensure that the aims and objectives continue to be achieved and management are within the bounds of the regulations laid down.
## **FINANCIAL REVIEW**
## **Financial position**
The turnover of the account is enough to support the members and activity is good, there has been a steady income and expenditure flow within the accounting period and the Fund is operating as a going concern with enough 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 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. The Fund has invested surplus working capital and will review the investment; once an assessment is made it may add further to the investment capital.
## **Reserves policy**
The Trustee's policy is to maintain enough level of reserves to provide a stable base for the Fund's continuing activities. General reserves are normally only maintained at a level which is enough to meet the running costs of the Fund and to make grants in accordance with the Fund'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 i.e. repairs.
At 31 January 2024 the charity has free reserves of £26,516. This has been calculated as follows:
||£|
|---|---|
|Unrestricted funds per balance sheet|45,596|
|Less designated funds for scheduled events and known financial obligations|(19,080)|
|||
|TOTAL|26,516|
|||
This shows that the charity had free reserves in excess of its policy of £6,516 at 31 January 2024. The Trustee is considering ways to effectively bring the level of free reserves back in line with the stated policy.
Page 2
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024**
## **FUTURE PLANS**
The charitable objectives for the forthcoming year are to:
- Provide the appropriate amenity facilities for the SNCOs of the unit.
- Make appropriate grants and to maintain and enhance the performance of the SNCOs within the unit where appropriate.
## **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.
## **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 Kings Regulations.
## **Risk management**
The Trustee's view is that a good level of reserves and the low administrative costs of the Fund mean that its exposure to risk is limited. The Trustee, as a matter of principle, does not accept any obligations on behalf of the Fund without having the funds immediately available to meet those obligations.
The internal checks and controls governed by Service regulations and the Independent Examination and audit ensure that regular and random checks are applied to the Fund to safeguard its assets and grant making policy. Any recommendations highlighted during the Independent Examination, to improve objectives or governance, are implemented for the benefit of management and the personnel within the unit.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1130224
## **Principal address**
Commando Training Centre Royal Marines Lympstone Exmouth Devon EX8 5AR
## **Trustees**
Lt Col C M I Hall MBE RM
## **Independent Examiner**
Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
Page 3
**SERGEANTS' MESS CTCRM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024**
**REFERENCE AND ADMINISTRATIVE DETAILS Bankers** Barclays Bank plc Exmouth Devon
Approved by order of the board of trustees on 10 July 2024 and signed on its behalf by:
Lt Col C M I Hall MBE RM - Trustee
Page 4
**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 2024.
## **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
Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
16 July 2024
Page 5
## **SERGEANTS' MESS CTCRM**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
7,040
**Charitable activities**
4
Mess facilities and activities
100,778
Investment income
3
16
**Total**
107,834
**EXPENDITURE ON**
**Charitable activities**
5
Mess facilities and activities
117,650
**NET INCOME/(EXPENDITURE)**
(9,816)
**Transfers between funds**
16
(6,218)
**Net movement in funds**
(16,034)
**RECONCILIATION OF FUNDS**
Total funds brought forward
61,630
**TOTAL FUNDS CARRIED FORWARD**
45,596|Restricted
funds
£
33,581
245
-
33,826
11,990
21,836
6,218
28,054
2,504
30,558|31.1.24
Total
funds
£
40,621
101,023
16
141,660
129,640
12,020
-
12,020
64,134
76,154|31.1.23
Total
funds
£
5,952
94,585
55
100,592
120,721
(20,129)
-
(20,129)
84,263
64,134|
|---|---|---|---|
The notes form part of these financial statements
Page 6
## **SERGEANTS' MESS CTCRM**
## **BALANCE SHEET 31 JANUARY 2024**
|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**|31.1.24
£
29,894
5,075
625
73,341
79,041
(32,781)
46,260
76,154
76,154
45,596
30,558
76,154|31.1.23
£
-
5,326
505
71,572
77,403
(13,269)
64,134
64,134
64,134
61,630
2,504
64,134|
|---|---|---|
The financial statements were approved and authorised for issue by the Board of Trustees and authorised for issue on 10 July 2024 and were signed on its behalf by:
Lt Col C M I Hall MBE RM - Trustee
The notes form part of these financial statements
Page 7
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024**
## **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 exemption 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 8
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **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**
|Grants and donations
Grants|31.1.24
£
4,855
35,766
40,621|31.1.23
£
1,452
4,500|
|---|---|---|
|||5,952|
Page 9
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **2. DONATIONS AND LEGACIES - continued**
Grants received, included in the above, are as follows:
|RMA - The Royal Marines Charity
Royal Navy & Royal Marines Charity
Gainshare
**3.**
**INVESTMENT INCOME**
Bank interest received
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Trading income
Mess facilities and activities
Amenity charges
Mess facilities and activities
Mess subscriptions
Mess facilities and activities
Function ticket income
Mess facilities and activities
Meat draw
Mess facilities and activities
**5.**
**CHARITABLE ACTIVITIES COSTS**
Grant
funding of
Direct
activities
Costs (see
(see note
note 6)
7)
£
£
Mess facilities and activities
126,976
994||
|---|---|
Page 10
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **6. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|31.1.24
£
Presentation costs
2,803
Corps birthday
6,321
Trading operating costs
43,330
Tea, coffee and fruit
24,016
Renovations/repairs
2,642
Top Table miscellaneous costs
450
Function catering
9,946
Function drinks
2,481
Function equipment hire and miscellaneous costs
15,525
JNCO drinks
-
Meat draw costs
209
Flowers for sick visitors
388
Sky TV
3,755
TV licence
159
Newspapers
985
Mess guests
461
Mess ents/misc costs
4,044
Games night
988
Donations
1,000
Depreciation
7,473
126,976
**7.**
**GRANTS PAYABLE**
31.1.24
£
Mess facilities and activities
994
All grants were paid to individuals.
**8.**
**SUPPORT COSTS**
Governance
Management
costs
£
£
Mess facilities and activities
370
1,300
Support costs, included in the above, are as follows:
31.1.24
Mess
facilities
and
activities
£
Insurance
269
Bank charges
101
Independent examination fees
1,300
1,670|31.1.23
£
2,117
3,512
39,846
19,474
9,248
570
10,706
1,903
13,766
874
341
308
4,139
159
1,121
-
5,127
750
-
679
114,640
31.1.23
£
4,163
Totals
£
1,670
31.1.23
Total
activities
£
321
372
1,225
1,918|
|---|---|
Page 11
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2024 nor for the year ended 31 January 2023.
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
1,441
**Charitable activities**
Mess facilities and activities
94,331
Investment income
56
**Total**
95,828
**EXPENDITURE ON**
**Charitable activities**
Mess facilities and activities
112,351
**NET INCOME/(EXPENDITURE)**
(16,523)
**Transfers between funds**
(2,400)
**Net movement in funds**
(18,923)
**RECONCILIATION OF FUNDS**
Total funds brought forward
80,553
**TOTAL FUNDS CARRIED FORWARD**
61,630|Restricted
funds
£
4,511
254
(1)
4,764
8,370
(3,606)
2,400
(1,206)
3,710
2,504|Total
funds
£
5,952
94,585
55
100,592
120,721
(20,129)
-
(20,129)
84,263
64,134|
|---|---|---|
Page 12
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 February 2023
Additions
At 31 January 2024
**DEPRECIATION**
At 1 February 2023
Charge for year
At 31 January 2024
**NET BOOK VALUE**
At 31 January 2024
At 31 January 2023
**12.**
**STOCKS**
Stocks
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
VAT
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**15.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
-
29,894
Current assets
63,377
15,664
Current liabilities
(17,781)
(15,000)
45,596
30,558|Fixtures,
fittings
and
equipment
£
19,629
37,367
56,996
19,629
7,473
27,102
29,894
-
31.1.24
31.1.23
£
£
5,075
5,326
31.1.24
31.1.23
£
£
20
-
605
505
625
505
31.1.24
31.1.23
£
£
32,781
13,269
31.1.24
31.1.23
Total
Total
funds
funds
£
£
29,894
-
79,041
77,403
(32,781)
(13,269)
76,154
64,134|
|---|---|
Page 13
continued...
## **SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **16. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
||At 1.2.23||in funds|funds|31.1.24|
||£||£|£|£|
|**Unrestricted funds**||||||
|General fund|39,665||6,284|(19,433)|26,516|
|Special Entertainment Fund|2,272||(6,192)|5,000|1,080|
|Bookkeeping support|18,000||-|-|18,000|
|Christmas Function|1,693||(9,908)|8,215|-|
||61,630||(9,816)|(6,218)|45,596|
|**Restricted funds**||||||
|Meat draw||246|36|-|282|
|Refurbishment Fund||992|22,650|5,968|29,610|
|Charity Fund||660|(850)|250|60|
|SCC Hosting||450|-|-|450|
|RMC Entertainments Fund||156|-|-|156|
||2,504||21,836|6,218|30,558|
|**TOTAL FUNDS**|64,134||12,020|-|76,154|
|Net movement in funds, included in the above are as follows:||||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||£|£|£|
|**Unrestricted funds**||||||
|General fund|||103,534|(97,250)|6,284|
|Special Entertainment Fund|||849|(7,041)|(6,192)|
|Christmas Function|||3,451|(13,359)|(9,908)|
||||107,834|(117,650)|(9,816)|
|**Restricted funds**||||||
|Meat draw|||245|(209)|36|
|Refurbishment Fund|||33,081|(10,431)|22,650|
|Charity Fund|||500|(1,350)|(850)|
||||33,826|(11,990)|21,836|
|**TOTAL FUNDS**|||141,660|(129,640)|12,020|
Page 14
continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **16. MOVEMENT IN FUNDS - continued**
## **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 1.2.22
in funds
funds
£
£
£
49,699
3,628
(13,662)
5,616
(6,844)
3,500
18,000
-
-
7,238
(13,307)
7,762
80,553
(16,523)
(2,400)
332
(86)
-
2,722
(3,530)
1,800
50
10
600
450
-
-
156
-
-
3,710
(3,606)
2,400
84,263
(20,129)
-|At
31.1.23
£
39,665
2,272
18,000
1,693|
|---|---|---|
|||61,630
246
992
660
450
156|
|||2,504|
|||64,134|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Special Entertainment Fund
Christmas Function
**Restricted funds**
Meat draw
Refurbishment Fund
Charity Fund
**TOTAL FUNDS**|Incoming
resources
£
92,752
801
2,275
95,828
255
4,499
10
4,764
100,592|Resources
Movement
expended
in funds
£
£
(89,124)
3,628
(7,645)
(6,844)
(15,582)
(13,307)
(112,351)
(16,523)
(341)
(86)
(8,029)
(3,530)
-
10
(8,370)
(3,606)
(120,721)
(20,129)|
|---|---|---|
## **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.
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continued...
**SERGEANTS' MESS CTCRM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024**
## **16. MOVEMENT IN FUNDS - continued**
## **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.
## **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.
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