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2024-04-30-accounts

Hamworthy Barracks Sergeants’ Mess Fund Report Ending:

April 30 2024

The Trustee’s Annual Report and Accounts for: Hamworthy Barracks Sergeants’ Mess Fund by The Commanding Officer, Hamworthy Barracks Charity Number: 1131183

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

Contents

Page

Charity Information

3

1

Trustee’s Report for the year ended 30 April 2024

Trustee’s Report 4 - 7
Independent Examiner's Report 8
Statement of Financial Activities (2015) 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12 - 17

2

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund REFERENCE AND ADMINSTRATION INFORMATION

Trustee: Lt Col RM Commanding Officer Charity No: 1131183 Charity Offices: Headquarters Squadron Hamworthy Barracks Hamworthy POOLE Dorset BH14 5NQ Independent WO2 W McCallum RM Examiner: Corps Service Funds Accountant Navy Command Headquarters Normandy Building Whale Island Portsmouth PO2 8ER Bankers: Holt’s Bank Farnborough Dorset

3

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

REPORT OF THE TRUSTEE FOR THE YEAR ENDED 30 APRIL 2024

The Trustee presents his report along with the financial statements of the Fund for the year ended 30 April 2024. The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Fund’s Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.

In preparing the financial statements the Trustee should follow best practise and:

The Sergeants’ Mess Fund of Hamworthy Barracks 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 Hamworthy Barracks 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.

4

Trustee’s Report for the year ended 30 April 2024

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.

Objectives and Activities

The Fund exists for the collective benefit of all the SNCOs in Hamworthy Barracks and the main objective is to provide the 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.

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 morale, 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. The summary of income and expenditure relating to the various Funds can be found at Notes 16 & 17.

Grant Making Policy

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.

5

Trustee’s Report for the year ended 30 April 2024

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

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.

Plan

The charitable objectives for the forthcoming year are to:

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.

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.

6

Trustee’s Report for the year ended 30 April 2024

Investment Policy

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 in such an account and will review the possibility of further investment.

Trustee’s Responsibilities in Relation to the Financial Statements

The law applicable to charities in England and Wales requires the Trustee to prepare financial statements for each financial year which give a true and fair view of the Fund's financial activities during the year and its financial position at the end of the year. In preparing financial statements giving a true and fair view, The Trustee should follow best practice and:

Select suitable accounting policies and apply them consistently.

Make judgements and estimates that are reasonable and prudent.

State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and;

Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Fund will continue to operate.

The Managing Trustee is responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Fund, and which enable him to ensure that the financial statements comply with the Charities Act 2011, the Fund (Accounts and Reports) Regulations and the provision of the Governing Document. The Trustee is responsible for safeguarding the assets of the Fund and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved and signed by the Trustee on:

Date:

Signature:

Lieutenant Colonel Royal Marines Commanding Officer

7

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE PERIOD ENDED 30 APRIL 2024

Respective Responsibilities of Trustee and Examiner

The Fund’s Trustee is responsible for the preparation of the accounts. The Charities Trustee considers that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 of the 2011 Act, follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act, and state whether matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Fund and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

Your attention is drawn to the fact that the Fund has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

Billy McCallum

8[th]

July 2024 W McCallum WO2 RM Corps Service Funds Accountant

8

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

STATEMENT OF FINANCIAL ACTIVITIES (SOFA) 2015

Income and Endowments from:
Donations and Legacies
Charitable Activities
Other Trading Activities
Investments
Other
TOTAL
Expenditure On:
Raising Funds
Charitable Activities
Other
TOTAL
Net Gains / Losses on Investments
Net Income / Expenditure
Transfers Between Funds
Net Movement in Funds
Reconciliation of Funds
Total Funds Brought Forward
Total Funds Carried Forward
Unrestricted
Restricted
Total
Prior
Funds
Funds
Funds
Funds
£
£
£
£
258
1,104
1,361
2,928
150,016
1,200
151,216
182,401
240
7,854
8,094
7,333
1,307
0
1,307
269
0
0
0
164
151,821
10,158
161,978
193,094
40,861
7,065
47,926
65,524
80,056
1,377
81,433
82,594
28,586
0
28,586
30,071
149,502
8,442
157,945
178,190
0
0
0
0
2,318
1,715
4,034
14,905
0
0
0
0
2,318
1,715
4,034
14,905
137,946
21,106
159,052
140,264
22,821
163,085

9

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2024

Notes
INCOMING RESOURCES
Voluntary Income
2
Activities for Generating Funds
3
Investment Income
4
Incoming Resources Charitable
Activities
5
Other Incoming Resources
6
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Investment Management Costs
7
Costs of Generating Funds
8
Charitable Activities
9
Governance Costs
10
Grants and Donations
11
Other Costs
12
TOTAL RESOURCES EXPENDED
Net Incoming / Outgoing
Resources before Transfers
Gross Transfers between funds
Net Incoming resources before
holding gains and losses
Other recognised gains / (losses)
Gains (losses) on revaluation on
the Charity's fixed assets
Unrealised gains/losses on
investments assets
Net Movement in Fund
Total Funds from Previous Year
TOTAL FUNDS CARRIED FORWARD
Unrestricted
Restricted
Total
Prior

Funds
Funds
Funds
Total
£
£
£
£
257
1,104
1,361
2,928
240
7,854
8,094
7,333
1,307
0
1,307
269
15,016
1,200
151,216
182,401
0
0
0
164
151,821
10,158
161,978
193,094
84
0
84
87
719
7,065
7,785
6,454
107,059
1,377
108,436
132,268
3,173
0
3,173
2,852
9,882
0
9,882
6,457
28,586
0
28,586
30,071
149,502
8,442
157,945
178,190
2,318
1,715
4,033
14,905
0
0
0
0
2,318
1,715
4,033
14,905
0
0
0
0
0
0
0
0
2,318
1,715
4,033
14,905
137,946
21,106
159,052
140,264
22,821
163,085

The Notes on pages 12 - 17 form part of these financial statements.

10

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

BALANCE SHEET AS AT 30 APRIL 2024

Note
s
Fixed Assets
Tangible Assets
13
Total Fixed Assets
Current Assets
Stock
Debtors and Pre-Payments
14
Cash at Bank and in Hand
Total Current Assets
Liabilities: amounts falling due over
year
Creditors: amounts falling due within
one year
15
Net Current Assets / (Liabilities)
Total Assets less Current Liabilities
Net Assets
Funds of the Charity
Unrestricted
16
Restricted
17
Worth of Fund
7,843
1,544
131,993
Current
Year
£
23,370
23,370
164,750
163,835
163,085
140,264
22,821
163,085
7,138
5,524
121,752
Previous
Year
£
26,247
26,247

160,661
159,802
141,380 134,414
0
(914)
0
(859)
(914) (859)
159,052
137,946
21,106
159,052

Approved by the Managing Trustee on:

…………..………………..(Date)

……………..……………..(Signature)

Lieutenant Colonel Royal Marines Managing Trustee

11

Trustee’s Report for the year ended 30 April 2024

HAMWORTHY BARRACKS Sergeants’ Mess Fund

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 1 ACCOUNTING POLICIES

1.1 Basis of Preparation of Accounts

The accounts are prepared under the historical cost convention modified by the inclusion of fixed asset investments at market value. The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" published in 2005 and applicable accounting standards.

The accounts include the results of the Fund’s operations which are described in the Trustee’s Report all of which are continuing. In addition, the accounts are subject to the current regulations as stated in the following Service Books of Reference:

1.1.1 Fund Structure

General Purpose / Unrestricted / Designated Funds

These are funds that can be used in accordance with the charitable objects at the discretion of the Managing Trustee. Designated funds are unrestricted funds which have been allocated / earmarked for a purpose by the Managing Trustee and committee and are to be declared in the Managing Trustee’s comments in accordance with these notes stating what they are intended to be used for and when.

Endowment Funds

Endowment funds are those investments and other gifts accepted by the unit, the capital sum or property being held in perpetuity and the income only being available for charitable use.

Restricted Funds

These are funds that can only be used for restricted purposes within the objects of the Fund. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. Further explanation of the nature and purpose of each fund is to be included in the notes to the accounts.

1.2 Incoming Resources

All incoming resources are recognised once the Fund has entitlement to the resources, it is certain that the resources will be received, and the monetary value of incoming resources can be measured with enough reliability.

12

Trustee’s Report for the year ended 30 April 2024

1.3 Governance, Management and Administration Expenditure

Expenditure on management and administration of the Fund includes all expenditure not directly related to the charitable activity. There are no costs for renting and running the office premises or staff salaries of military personnel, these are absorbed by the MOD.

1.4 Value Added Tax

The Fund is registered for VAT.

1.5 Stock

Stock is valued at the lower of cost and net realisable value.

1.6 Investments

Investment income from dividends and interest is brought into account in the year of receipt. Investments when held are reported at market value and a provision is made for unrealised gains or losses each year.

1.7 Resources Expended

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Fund to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

1.8 Tangible Fixed Assets Capitalisation and Depreciation

All assets having a purchase value of more than £500 are capitalised. The cost of tangible fixed assets is written off by equal annual instalments over their expected useful lives using the following methods of depreciation.

Depreciation is charged on furniture, fixtures and equipment which is written off as a straight-line basis over their estimated useful life of 2 - 4 years.

Assets with a life of more than one year but with a purchase value of below £500 are included within the inventory but the cost is written off in the year it is incurred and is not depreciated over the useful life of the asset. Where the asset is depreciated over a period of more than 10 years, details of the item and period are provided following Note 13.

1.9 Related Party Transactions & Remuneration and Expenses

Whilst the Fund has a close working relationship with the Royal Marines, there are no transactions which require disclosure under SORP 2005. The only transactions made by the Fund in favour of the unit are wholly attributable to the charitable activities of furthering military efficiency. The Managing Trustee is an officer or equivalent and fulfils the role as Trustee in accordance with the applicable laws and regulations. No expenses have been paid to the Trustee. If expenses have been paid to the Trustee these are disclosed under the Managing Trustee’s comments.

13

Trustee’s Report for the year ended 30 April 2024

Notes (continued)
Incoming Resources:
2
Voluntary Income
Donations
Donations to the Mess
Mess Charity Income
3
Activities for Generating Funds
Meat Draw Income
GPO Phone Receipts
Honesty Bar
4
Investment Income
Loyalty Reward / Bank Interest
5
Income Resources from Charitable Activity
Trading Income
Subscription Income
Amenity Charges
Top Tables Income
Frankton Income
Inliers Function Income
Fathers & Sons Income
Minor Functions Income
Summer Ball Income
Christmas Ball Income
Corps Birthday Income
Entertainment Income
Mother’s Day Income
Mess Improvements Income
Current
Year
£
238
20
1,104
0
£
7,854
0
240
0
£
1,307
1,307
£
49,819
77,215
899
1,200
300
610
646
5,681
4,725
4,400
2,294
208
544
2,675
Previous
Year
£
200
451
2,277
2,928
£
6,850
20
462
7,332
£
268
268
£
69,471
84,245
2,460
16,400
0
0
342
3,342
1,500
2,987
995
149
510

14

Trustee’s Report for the year ended 30 April 2024

6
Other Income
Income Correction
0
£
0
0
182,401
£
164
164

15

Trustee’s Report for the year ended 30 April 2024

Notes (continued)
Resources Expended:
7
Investment Management Costs
Bank Charges
8
Cost of Generating Funds
Meat Draw Expenditure
Cardnet Expenses
9
Charitable Activities
Bar Operating Costs
Top Tables Expenditure
Return of Subscriptions
Coffee / Tea Expenditure
9 O’Clockers Expenditure
Mess Charity Expenditure
Mother’s Day Expenditure
Summer Ball Expenditure
Inliers Function Expenditure
SHD Minor Function Expenditure
SHD Mess Improvements Expenditure
Corps Birthday Expenditure
Frankton Dinner Expenditure
Fabrics Fund Expenses
Entertainment Expenditure
Fathers & Sons Expenditure
Christmas Ball Expenditure
Garden Expenses
Current
Year
£
84
84
£
7,065
719
0
£
40,059
302
110
5,946
2,010
1,075
2,654
11,725
610
10,997
5,936
2,294
300
706
200
366
22,056
1,090
0
Previous
Year
£
87
87
£
5,612
841
6,453
£
58,984
10,262
30
5,617
2,692
1,000
3,155
4,786
0
12,789
4,848
0
0
1,444
933
645
21,346
2,151
132,268

16

Trustee’s Report for the year ended 30 April 2024

Current Previous
Notes (continued) Year Year
10 Governance Costs £ £
Insurance Premium 660 655
Stationary 772 982
Sundries 1,742 1,215
0 2,852
11 Grants and Donations
Grants are only made to groups or individuals within the unit, taking part in a Corps
or Unit recognised activity which have been approved at committee level.
£ £
Presentations 2,472 3,217
Sick Visitor Expenses 20 0
Flowers 0 96
Mess Grants 6,455 2,703
Picture Framing 935 440
0 6,456
12 Other Costs £ £
Mess Guests 2,282 1,965
Newspapers 2,451 2,280
Stock Write Offs 2,961 3,259
SKY / SAT Rental 3,355 3,355
Internet Expenditure 2,056 1,974
TV Licence Renewal 159 159
Transport Expenses 330 300
Bad Debt / Returned Cheques 4,420 9,660
Debt Write Off 3,800 0
PRS & PPL Licence 1,180 1,073
Property Depreciation 4,669 4,839
Fireplace Expenditure 922 1,206
0 30,070
13 Fixed Assets
Fixtures, Fittings and Equipment:
Balance Brought Forward £26,246.88
Purchases £1,791.99
Sales & Write Offs -
Depreciation £4,669.04
Balance Carried Forward £23,369.83

17

Trustee’s Report for the year ended 30 April 2024

Notes (continued)
Current
Year
14
Analysis of Current Assets
£
Sundry Debtors
1,544
1,544
Analysis of Current Liabilities and Creditors
£
15
Creditors Under 1 Year
Sundry Creditors
(914)
(914)
16
Designated Funds
Charitable Activities
Brought
Forward
Income
Transfers
Expenses
Entertainments Fund
(8)
208
0
200
Summer Ball
6,714
4,725
10,286
11,725
Christmas Ball Fund
11,641
4,400
31,015
22,056
Corps Birthday Dinner
0
2,294
2,000
2,294
Frankton Dinner Fund
0
300
2,000
300
New Years Eve Party
0
0
2,000
0
Fabrics Fund
1,315
0
2,233
706
Minor Functions
3,067
5,681
6,419
11,243
Mess Improvements
2,195
2,675
5,794
5,690
Fathers & Sons Fund
0
646
0
366
Mother’s Day Fund
(3,006)
544
6,006
2,654
Inliers Function Fund
0
610
0
610
Previous
Year
£
5,524
5,524
£
(859)
(859)
Closing
0
10,000
25,000
2,000
2,000
2,000
2,842
3,924
4,973
280
890
0

18

Trustee’s Report for the year ended 30 April 2024

Total Designated Funds
17
Restricted Funds
Meat Draw
Top Table Grants
Charity Fund
21,917
0
0
0
Brought
Forward
Income
Transfers
Expenses
2,533
7,854
0
7,065
15,503
1,200
0
302
3,069
1,104
0
1,075
21,106
10,158
0
8,442
0
Closing
3,322
16,401
3,098
22,821

Restricted Funds Held

Meat Draw Top Table Grants Charity Fund

Purpose

To account for the income and expenditure of the Meat Draw

To account for the income and expenditure of Top table events To account for the income and expenditure of charity donations within the Mess

19