|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 - 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 - 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. - d. The CAF did not make any ex gratia payments during the year. ## **Declarations** - a. The Trustee has not changed the year end date nor the length of the CAF's financial year. - b. The CAF does has two designated funds. - c. All the CAF's operations are continuing operations and there were no operations discontinued or acquired during the year. - d. The CAF has no intangible assets (other than office space provided by MOD) - e. There were no interfund loans outstanding at the balance sheet date. - 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. - g. The CAF has no material fixed assets which have not been capitalised and included in the Balance Sheet. 6