| Trustees'AnnualReportandComments | Trustees'AnnualReportandComments |
|---|---|
| CentralAmenitiesFundHMSSULTAN | |
| CharityRegisteredNo: | 1130481 |
| CoveringtheAccountingYear: | 1April2021to31March2022 |
| Address: | HMSSULTAN |
| MilitaryRoad | |
| GosportPO123BY | |
| GoverningDocument: | Constitution(MessRules) |
| Object: | TheprimaryaimoftheCAFistopromotethewelfareand |
| militaryefficiencyofNavalandotherServicepersonnel | |
| servinginHMSSultan.Thisisinterpretedasto"improvethe | |
| wellbeing(bothmoraleandphysical)andefficiencyof | |
| establishmentpersonnelthroughtheprovisionsofservices, | |
| amenitiesandactivitiesthatarenotwithintheremitofCrown | |
| oremployerrequirements". | |
| Trustee: | CaptainJVoyceOBEBEngMScMACEngMCIPDFIMarEST |
| RoyalNavy | |
| Trusteeselectionmethod: | AppointedassuchbytheNavalSecretary. |
| Bankers | LloydsTSB |
| HighStreet | |
| Gosport | |
| Hants | |
| IndependentExaminer: | MarianneButcherFMAAT |
| 5NurseryRoad | |
| Havant | |
| HantsPO93BG | |
| ActivitiesandAchievements | Tohaveresourcesavailableforexpenditureonimprovements |
| tothequalityoflife,andtheengendermentofespiritdecorps. | |
| Thefundcontinuestomeetitsobjectbytheprovisionof | |
| leisureandsportingactivities.Numerousgrantshavebeen | |
| madetoindividualsforsportingandadventuroustraining | |
| activities.Thefundcontinuestoactasacentralbankand | |
| supportformanycharitableandnon-charitablefunds | |
| operatinginHMSSultan. | |
| FinancialReview: | TheCAFgained£41.3Kovertheyearandwasworth |
| £357.5K.Thisincluded£47.5Ksetasideforafuture | |
| replacementoftheLodge.Thebankanddepositaccountsheld | |
| £440Kwhicheasilycoveredthe£188.8Kliabilitiestocreditors | |
| andotherfunds. | |
| InvestmentSelectionPolicy: | Noinvestmentswereheld. |
HMS SULTAN CENTRAL AMENITIES FUND
Registered Charity No 1130481
BALANCE SHEET
31 March 2022
| Fixed Assets Notes Property 7 Current Assets Stocks 4,882.91 £ Debtors & Prepayments 8 20,529.43 £ 95 Day Deposit Account 343,307.59 £ Bank 97,111.22 £ Cash 31,478.81 £ 497,309.96 £ Current Liabilities Creditors 9 15,399.00 £ Charitable Funds 10 69,428.22 £ Non Charitable Funds 11/11A 103,946.65 £ 188,773.87 £ Net Current Assets(Liabilities) Total Net Assets Represented by General Fund Lodge Replacement Fund (Designated) Projects Fund (Designated) |
48,941.00 £ 52,141.00 £ 4,400.71 £ 19,104.89 £ 342,873.35 £ 68,522.24 £ 28,568.91 £ 463,470.10 £ 15,465.42 £ 64,681.62 £ 119,277.85 £ 199,424.89 £ 308,536.09 £ 264,045.21 £ 357,477.09 £ 316,186.21 £ 304,977.09 £ 276,186.21 £ 47,500.00 £ 35,000.00 £ 5,000.00 £ 5,000.00 £ 357,477.09 £ 316,186.21 £ 31 March 2021 |
48,941.00 £ 52,141.00 £ 4,400.71 £ 19,104.89 £ 342,873.35 £ 68,522.24 £ 28,568.91 £ 463,470.10 £ 15,465.42 £ 64,681.62 £ 119,277.85 £ 199,424.89 £ 308,536.09 £ 264,045.21 £ 357,477.09 £ 316,186.21 £ 304,977.09 £ 276,186.21 £ 47,500.00 £ 35,000.00 £ 5,000.00 £ 5,000.00 £ 357,477.09 £ 316,186.21 £ 31 March 2021 |
|---|---|---|
| 316,186.21 £ |
||
| 276,186.21 £ 35,000.00 £ 5,000.00 £ |
||
| 316,186.21 £ |
Approved on 29 April 2022
Signed on Original
Captain J Voyce OBE BEng MSc MA Ceng MCIPD FIMarest Royal Navy Sole Managing Trustee
1
SULTCAFMar22BSZ.xlsBALANCE SHEET
HMS SULTAN CENTRAL AMENITIES FUND
Notes to the Accounts dated 31 March 2022
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 Act 2011.
Income
a. Donations are included in the Statement of Financial Activities (SOFA) when the CAF becomes entitled to the donation or grant and it is reasonably certain that it will be received.
-
b. Incoming resources from fund raising are reported gross in the SOFA
-
c. Intangible income is not included in the accounts.
-
d. The CAF receives no unpaid volunteer help.
-
e. Investment income is included in the accounts when receivable.
Expenditure and liabilities
a. Liabilities are recognised as soon as there is a legal or constructive obligation committing the CAF to the expenditure.
b. Administration costs are incurred by the CAF Manager. These costs are not apportioned as his tasks are wide ranging in support of leisure and amenities and include the maintenance of the Central Bank facility for other funds.
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 CAF does not have a policy of revaluation. Depreciation is annual, straight line and over the estimated life of the item. The Lodge is depreciated at 5% per annum.
b. Investments on a recognised stock exchange are valued at market value at the date of the Balance Sheet or at best estimate of market value.
c. Stocks are valued at the lower of cost or market value.
Note 2 - Investments
None currently held.
2
HMS SULTAN CENTRAL AMENITIES FUND
STATEMENT OF FINANCIAL ACTIVITIES
12 months to 31 March 2022
| Income Donations Charitable Activities Other Trading Activities Investment Income Total Income 3 Expenditure Charitable Activities Raising Funds Total Expenditure 4 Net income Total Funds brought forward 1 Apr 21 Net Movement of Funds Total Funds carried forward 31 Mar 22 |
2,535.00 £ 74,703.37 £ 38,241.00 £ 413.17 £ 115,892.54 £ 72,264.77 £ 2,336.89 £ 74,601.66 £ 41,290.88 £ 316,186.21 £ 41,290.88 £ 357,477.09 £ |
Previous Year 2,555.95 £ 8,445.16 £ 36,201.00 £ 1,032.04 £ |
|
|---|---|---|---|
| 48,234.15 £ |
|||
| 26,943.35 £ 2,481.60 £ |
|||
| 29,424.95 £ |
|||
| 18,809.20 £ 297,377.01 £ 18,809.20 £ |
|||
| 316,186.21 £ |
3
SULTCAFMar22BSZ.xlsSOFA SUM
Note 3 - Income
| Note 3 - Income | |||
|---|---|---|---|
| Donations Grants & Donations Gainshare/Excess Income Mess Contributions Charitable Activities Lodge Pool & Snooker ESS Jet Wash Bike Sheds Crested Goods & Resale items Bonfire Night Sports & Activities Fund Misc Other Trading Activities Caravan parking Investment Income Interest Total Income |
15.00 £ - £ 2,520.00 £ 14,933.00 £ 336.05 £ 0.44 £ 2,948.50 £ 250.00 £ 837.50 £ 54,170.15 £ 140.00 £ 1,087.73 £ |
27.00 £ 8.95 £ 2,520.00 £ 2,535.00 £ 2,555.95 £ 5,262.00 £ - £ - £ 2,545.00 £ - £ 533.00 £ - £ 80.00 £ 25.16 £ 74,703.37 £ 8,445.16 £ 38,241.00 £ 36,201.00 £ 413.17 £ 1,032.04 £ 115,892.54 £ 48,234.15 £ Previous Year |
|
| 48,234.15 £ |
| Note 4 - Expenditure Charitable Activities Operating Costs Lodge Grants Sports & Activities Repairs & Renewals Televisions Bonfire Night Christmas Jet wash Pool & Snooker Meal Tokens Insurance Sky TV - Bar Crested Items & Resale items Trophy Hire Leading Hands Start Up Misc Support Costs Examination and Accounts Office Expenses Bank and World Pay Charges Depreciation & Write offs Raising Funds Caravan Parking Total Expenditure |
12,098.77 £ 13,021.17 £ 5,925.83 £ 1,348.80 £ 2,299.90 £ 20,855.66 £ - £ 3,609.60 £ 583.14 £ - £ 1,714.75 £ 158.00 £ 879.60 £ 191.17 £ 1,082.73 £ 72.00 £ 1,630.00 £ 2,921.39 £ 672.26 £ 3,200.00 £ |
7,398.57 £ 1,280.15 £ 1,238.88 £ - £ - £ - £ 3,137.64 £ 3,600.00 £ - £ 459.44 £ 1,693.90 £ 153.50 £ 916.88 £ 191.17 £ - £ - £ 1,620.00 £ 1,193.37 £ 859.85 £ 3,200.00 £ 72,264.77 £ 26,943.35 £ 2,336.89 £ 2,481.60 £ 74,601.66 £ 29,424.95 £ Previous Year |
7,398.57 £ 1,280.15 £ 1,238.88 £ - £ - £ - £ 3,137.64 £ 3,600.00 £ - £ 459.44 £ 1,693.90 £ 153.50 £ 916.88 £ 191.17 £ - £ - £ 1,620.00 £ 1,193.37 £ 859.85 £ 3,200.00 £ 72,264.77 £ 26,943.35 £ 2,336.89 £ 2,481.60 £ 74,601.66 £ 29,424.95 £ Previous Year |
|---|---|---|---|
| 29,424.95 £ |
4
Note 5 - Paid Employees
The fund has no paid employees.
Note 6 -Trustees and Other Related Parties
-
a. No expenses or emoluments have been paid to the Sole Managing Trustee
-
b. There are no amounts due to or from the Sole Managing Trustee
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c. The sole Managing Trustee is also the sole Managing Trustee of the Wardroom HMS Sultan and the WO, SR & SNCO Mess HMS Sultan. These funds pay contributions to the CAF. He is also the trustee of the charitable funds that use the CAF as their bank. (Note 10)
Note 7 - Fixed Assets - Fixtures, Fittings and Equipment
| Total value at beginning of year Less Depreciation Value at 31 March 2022 Note 8 - Miscellaneous Debtors Interest Accrued WOSR Twickenham Coach Grant - Apr 22 ESS - Sky and BT TV World Pay (Sports Bar/Chaplaincy) Yacht Club Lodge Prepaid TV Licence Prepaid Insurance Prepaid Caravan Parking |
52,141.00 £ (3,200.00) £ |
|---|---|
| 48,941.00 £ |
|
| 15.00 £ 1,000.00 £ 1,582.53 £ 200.00 £ 14,531.90 £ 1,901.00 £ 93.00 £ 286.00 £ 920.00 £ |
|
| 20,529.43 £ |
Note 9 - Creditors (payable in less than one year)
| Note 9 - Creditors (payable in less than one year) | |
|---|---|
| Twickenham Caravan Parking Prepaid Lodge Hires Prepaid Accounts Examinations |
89.00 £ 9,500.00 £ 4,990.00 £ 820.00 £ |
| 15,399.00 £ |
Note 10 - Service Funds using the Central Amenities Fund as a Bank
| Boxing Fund Churches Cinema Club D Mar E Prize Field Gun Golf Society Haven IO Mess LH Mess Lo Cost racing Music Club Radio Contol RNAESS Sports Club Steam Lorry Sultan Car Repair Club Theatre Volunteer Band War Gaming Club |
3,773.33 £ 1,410.94 £ 1,439.28 £ 3,761.26 £ 3,907.06 £ 188.78 £ 3,993.57 £ 5,132.32 £ 867.78 £ 99.10 £ 2,954.52 £ 487.26 £ 3,259.17 £ 14,822.35 £ 2,563.78 £ 6,864.43 £ 10,740.74 £ 2,393.03 £ 769.52 £ |
|---|---|
| 69,428.22 £ |
5
Note 11 - Approved Funds Using the Central Amenities Fund as a Bank
| Alston Memorial fund AEO Dinner Aviation Society Visits Air Museum BZ Fund Community Fund CNEO Dinner Centurion Association Centurion (Charity) Charity Chest Garage Deposits Golf Champs 14 Imarest Fund Bike Sheds Nuclear Entertainments Fund HMS SULTAN @ 65 Collections Sick Bay Fund Summer Show TM Conference Tiered Seating Wives Club RN Engineers Open TV Deposits 764 Tea Boat |
832.81 £ 2,049.22 £ 553.58 £ 228.00 £ 1,361.01 £ 8,273.89 £ 1,301.67 £ 8,079.06 £ 775.52 £ 10,155.67 £ 1,160.00 £ 392.02 £ 368.00 £ 60.00 £ 1,323.82 £ 2,000.00 £ 175.00 £ 1,040.73 £ 37,353.35 £ 1,879.74 £ 3,455.72 £ 74.14 £ 425.10 £ 200.00 £ 524.68 £ |
|---|---|
| 84,042.73 £ |
Note 11A - Temporary & Dispersing Funds
| Grass Roots Garden Furniture Grant - RBL RNRMC Grants Collection Tins Families Day SM Remembrance |
1,542.95 £ 1,962.87 £ 9,381.71 £ 53.43 £ 5,058.44 £ 1,904.52 £ |
|---|---|
| 19,903.92 £ |
Note 12 - Endowment or Restricted Income Funds - None held
Note 13 - Other Information
-
a. The CAF does not have any material commitments not provided for in the accounts
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b. The CAF has not given any guarantees to any third party that could be called on at the year end. c. The CAF has not granted any loans.
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d. The CAF did not make any ex gratia payments during the year.
Declarations
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a. The Trustee has not changed the year end date nor the length of the CAF's financial year.
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b. The CAF does has two designated funds.
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c. All the CAF's operations are continuing operations and there were no operations discontinued or acquired during the year.
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d. The CAF has no intangible assets (other than office space provided by MOD)
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e. There were no interfund loans outstanding at the balance sheet date.
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f. None of the CAF's functional assets have been revalued during the year and the CAF does not have a policy of revaluation of these assets.
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g. The CAF has no material fixed assets which have not been capitalised and included in the Balance Sheet.
6