||Page|
|---|---|
|Report ofthe Trustees|1to 9|
|Report ofthe Independent<br>Auditors|10to 12|
|Consolidated<br>Statement<br>of Financial Activities|13|
|Consolidated<br>Balance Sheet|14|
|Parent Statement<br>of Financial Activities|15|
|Parent Balance Sheet||
|Consolidated<br>Cash Flow Statement|17|
|Notes to the Consolidated<br>Cash Flow Statement|18|
|Parent Cash Flow Statement|19|
|Notes to the Parent Cash Flow Statement|20|
|Notes tothe Financial Statements|21to 42|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|INCOME FROM||Notes||f000|6000||f000|
|Donations<br>and legacies<br>Charitable<br>activities||||852|124|976|1,065|
|Income from charitable<br>activities|||||10|15|21|
|Other trading activities<br>Investment<br>income||||508<br>283|1<br>56|509<br>339|489<br>317|
|Total income||||1,648|191|1,839|1,892|
|EXPENDITURE ON||||||||
|Raising funds<br>Charitable<br>activities||||516||516|569|
|Promote and maintain<br>the heritage|ofThe|||||||
|Parachute<br>Regiment<br>and Airborne<br>Forces<br>Promote the efficiency ofThe Parachute||||147|64|211|214|
|Regiment<br>and Airborne<br>Forces||||107|28|135||
|Relief ofneed, hardship<br>and distress of||||||||
|past and present members<br>ofThe||||||||
|Parachute<br>Regiment<br>and Airborne|Forces|||||||
|and their dependants||||200|196|396|421|
|Total expenditure||||970|288|1,258|1,448|
|NET OPERATING INCOME||||678|(97)|581||
|Net gains/(losses)<br>on investments||||1,187|238|1,425|(736)|
|NET INCOME/(EXPENDITURE)||||1,865|141|2,006|(292)|
|Transfer between<br>funds|||||18|||
|Net movement<br>in funds||||1,847|159|2,006|(292)|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought forward||||10,174|3,130|13,304|13,596|
|TOTAL FUNDS CARRIED FORWARD||||12,021|3,289|15,310|13,304|
|CONTINUING<br>OPERATIONS||||||||
|Ag income and expenditure<br>has arisen from||continuing|activities.|||||





## 

||||Unrestricted|Restricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|
|||Notes|Funds|Funds||Total funds|Totalfunds|
|FIXEDASSETS||||||||
|Intangible|fixed assets|14|63|||63|76|
|Tangible|assets|15|7||719|726|768|
|Heritage|assets|16|367|||367|355|
|Investments||17|9,757|2,145||11,902|9,789|
||||10,194|2,864||13,058|10,988|
|CURRENT|ASSETS|||||||
|Stocks|||75|||75|71|
|Debtors|||575||26|601|117|
|Cash at bank and in hand|||1,322|406||1,728|2,301|
||||1,972|432|||2,489|
|CREDITORS||||||||
|Amounts|falling due within|||||||
|one year||20|(145)||(7)|(152)|(173)|
||||1,827|425||2,252|2,316|
|TOTAL ASSETS LESSCURRENT UABIUTIES|||12,021|3,289||15,310|13,304|
||||12,021|3,289||15,310|13,304|
|FUNDS||||||||
|Unrestricted<br>funds||||||12,021|10,174|
|Restricted|funds|||||3,289|3,130|
|TOTAL FUNDS||||||15,310|13,304|






|||||||2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Tota|I|
|||||funds|funds|funds|funds||
|INCOME FROM|||Notes|f000|f000|f000|f000||
|Donations<br>and legacies<br>Charitable<br>activities||||801|102|903||999|
|Income from charitable|activities||||10|10||20|
|Other trading activities<br>Investment<br>income||||107<br>283|1<br>56|108<br>339||85<br>316|
|Total income||||1,191|169|1,360|1,420||
|EXPENDITURE ON|||||||||
|Raising funds<br>Charitable<br>activities||||116||116||166|
|Promote and maintain|the heritage|ofThe|||||||
|Parachute<br>Regiment<br>and Airborne<br>Forces<br>Promote the efficiency ofThe Parachute||||84||84||83|
|Regiment<br>and Airborne|Forces|||107|28|135|||
|Relief ofneed, hardship|and distress ofpast||||||||
|and present members<br>ofThe Parachute|||||||||
|Regiment<br>and Airborne|Forces and|their|||||||
|dependants||||200|196|396||421|
|Total expenditure||||507|224|731||914|
|NET OPERATING INCOME||||684|(55)|629||506|
|Net gains/(losses)<br>on investments||||1,187|238|1,425|(736)||
|NET INCOME/(EXPENDITURE)||||1,871|183|2,054|(230)||
|Transfer between<br>funds|||23|(18)|18||||
|Net movement<br>in funds||||1,853|201|2,054|(230)||
|RECONCIUATION<br>OF FUNDS|||||||||
|Total funds brought<br>forurard||||9,958|2,288|12,246|12,476||
|TOTAL FUNDS CARRIED|FORWARD|||11,811|2,489|14,300|12,246||



## 



## 

|||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
||Notes|Funds|Funds|Total funds|Totalfunds|
|||6000|6000|EOOO|EOOD|
|FIXEDASSETS||||||
|intangible<br>fixed assets|14|||9|10|
|Tangible assets|15|3|||4|
|Heritage assets|16|367||367|355|
|Investments|17|9,757|2,145|11,902|9,789|
|||10,136|2,145|12,281|10,158|
|CURRENT ASSETS||||||
|Debtors||710|25|735|299|
|Cash at bank and in hand||1,058|326|1,384|1,931|
|||1,768|351|2,119|2,230|
|CREDITORS||||||
|Amounts<br>falling due within one year|20|(93)|(7)|(100)|(91)|
|NET CURRENT ASSETS||1,675||2,019|2,139|
|TOTAL ASSETSLESSCURRENT UABIUTIES||11,811|2,489|14,300|12,297|
|CREDITORS||||||
|Amounts<br>falling due after more than one year|21||||(51)|
|NET ASSETS||11,811|2,489|14,300|12,246|
|FUNDS|23|||||
|Unrestricted<br>funds||||11,811|9,958|
|Restricted funds||||2,489|2,288|
|TOTALFUNDS||||14,300|12,246|






## 

||||||2021|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating<br>activltiesr|||||f000|6000|
|Cash generated<br>from operations|||||(208)|193|
|Net cash provided<br>by (used in) operating||activities|||~(208|193|
|Cash flows from investing activities:|||||||
|Purchase oftangible<br>fixed assets<br>Invested cash used for management<br>Sale offixed asset investments<br>Purchase offixed asset investments<br>Interest received|fees||||(14)<br>9,876<br>(10,566)|(19)<br>43<br>547|
|||||||2|
|Dividends<br>received|||||339|315|
|Net cash provided<br>by investing<br>activities|||||(365)|888|
|Change<br>in cash and cash equivalents|in the reporting||period||(573)|1,081|
|Cash and cash equivalents<br>at the beginning||ofthe reporting||period|2,301|1,220|
|Cash and cash equivalents<br>atthe end|ofthe reporting||period||1,728|2,301|





## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||f000|f000|
|Net income for the reporting|||period (as|per the statement|of||||
|financial activities)<br>Adjustments<br>for:|||||||2,006|(292)|
|Depreciation<br>charges<br>Interest received|||||||59|61|
|Dividends<br>received<br>Gains on investments<br>(Increase)/decrease<br>(Increase)/ deuease<br>Increasein<br>creditors|in stock<br>in debtors||||||(339)<br>(1,425)<br>(4)<br>(484)<br>~22|(2)<br>(315)<br>736<br>(10)<br>3<br>12|
|Net cash provided<br>by (used in) operating||||activities|||~(208|193|
|ANALYSIS OF CHANGES||IN NET FUNDS|||||||
|||||||At 1.1.2021|Cashflow|At 31.12.2021|
|Net cash|||||||||
|Cash at bank and in hand||||||2,301|(573)|1,728|
|Total||||||2,301|(573)|1,728|





## 

||||||2021|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating<br>activities:|||||f000|f000|
|Cash generated<br>from operations|||||~185)|190|
|Net cash provided<br>by (used in) operating||activities|||~(185|190|
|Cash flows from investing<br>activities:|||||||
|Purchase oftangible<br>fixed assets<br>Invested<br>cash used for management<br>Sale offixed asset investments<br>Purchase offixed asset investments<br>Interest received|fees||||(13)<br>9,876<br>(10,564)|(3)<br>43<br>547|
|Dividends<br>received|||||339|315|
|Net cash provided<br>by investing<br>activities|||||(362)|903|
|Change<br>in cash and cash equivalents|in the reporting||period||(547)|1,093|
|Cash and cash equivalents<br>at the beginning||ofthe reporting||period|1,931|838|
|Cash and cash equivalents<br>atthe end|ofthe reporting||period||1,384|1,931|





||||||2021|2020|
|---|---|---|---|---|---|---|
||||||6000|6000|
|Net income forthe reporting||period (as|per the statement|of|||
|fina ndal activities)<br>Adjustments<br>for:|||||2,054|(230)|
|Depreciation<br>charges<br>Interest received||||||5|
|Dividends<br>received<br>Gains on investments<br>(Increase)/ decrease<br>Increase<br>in creditors|in debtors||||(339)<br>(1,425)<br>(436)<br>~(42|(1)<br>(315)<br>736<br>79<br>~84)|
|Net cash provided<br>by (used in) operating|||activities||(185)|190|



## 

||At 1.1.2021|Cashflow|At 31.12.2021|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|1,931|(547)|1,384|
|Total|||1,384|





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## 

||||Group|Parent|Gloup|Parent|
|---|---|---|---|---|---|---|
||||2021|2021|2020|2020|
||||6000|EOOD|f000|FOOD|
|PARAS'10 <br>ParaData|sponsorship<br>donations||11<br>8|11<br>4|23<br>3|23|
|Donations|||220|213|200|196|
|Legacies|||477|477|567|567|
|Grants|||22||22||
|Day's Pay|Scheme income||196|196|190|190|
|Donated services and facilities|||42|2|58|21|
|Gifts and|donations|- Pegasus Journal|||2|2|
||||976|903|1,065|999|



## 

|||ACTI|VITIES|||Group|Parent|Parent|Group|Parent|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||2021|2021||2020|2020|
|||||||6000|6000||E.OQQ|6000|
|Merchandise||||||1||1|||
|Royalties||||||6||6|||
|Charitable|fundraising||events|||19||17|||
|ABP Retail|Limited|||||||47||62|
|PARAS'10|Limited|||||||36||14|
|Shop sales||||||1|||1||
|ParaData photo sales||||||1|||1||
|Trading activities||||||480|||478||
|||||||509||108|489|85|
|INVESTMENT INCOME||||||Group|Parent||Group|Parent|
|||||||2021|2021||2020|2020|
|||||||f000|f000||f000|f000|
|Dividends|from investments|||||339|339||315|315|
|Deposit accountinterest|||||||||2|1|
|||||||339|339||317|316|
|INCOME FROM CHARITABLE||||ACllVITIES|||||||
|||||||Group|Parent||Group|Parent|
|||||||2021|2021||2020|2020|
|||||||f000|f000||EOOD|6000|
|Subscriptions<br>- Pegasus|||||||||||
|Journal||||Charitable|activities|10||10|20|20|
|Research/archive||visits||Museum|running|5|||1||
|||||||15||10|21|20|



## 

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## 

||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|6.|RAISING FUNDS||||Group|Parent||Group||Parent|
||Raising donations<br>and legacies||||2021<br>f000|2021<br>f000||2020<br>f000||2020<br>f000|
||Investment<br>porffolio management<br>Staff costs<br>Fundraising<br>and online giving costs<br>Travel and subsistence<br>Function expenses<br>Merchandise||||65<br>16<br>1<br>14<br>2||65<br>14<br>1<br>14<br>2||41<br>99<br>7<br>1<br>1|41<br>99<br>7<br>1<br>1|
||Trading activities: ABP Retail Limited||||352|||392|||
||Trading activities: PARAS'10 Limited||||46||||11||
||Support costs (see note 9)||||20||20||17|17|
||||||516|116||569||166|
|7.|CHARITABLE ACTIVITIES COSTS (GROUP)||||||||||
||||||Direct costs|Grant funding||Support costs||Tota Is|
|||||||ofactivities||(Seenote|9)||
|||||||(See note|8)||||
||Promote and maintain<br>the heritage||ofThe|||f000||f000||f000|
||Parachute<br>Regiment<br>and Airborne<br>Promote and maintain<br>the heritage|Forces - General<br> ofThe|||19||||14|34|
||Parachute<br>Regiment<br>and Airborne|Forces - Museum|||174||||||
||||||193||||17|211|
||Promote the efficiency ofThe Parachute||||||||||
||Regiment<br>and Airborne<br>Forces||||64||37||34|135|
||Relief ofneed, hardship<br>and distress||ofpast|and|||||||
||present members<br>ofThe Parachute||Regiment|and|||||||
||Airborne<br>Forces and their dependants||||75|219||102||396|
||||||332|257||153||742|





## 

## 

||||||||Direct costs|Grant funding|Grant funding|Support|costs|costs|Totals|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||ofactivities||(Seenote||9)||
|||||||||(See note|8)|||||
|||||||||f000||f000|||6000|
|Promote and maintain||the heritage||ofThe||||||||||
|Parachute<br>Regiment|and Airborne||Forces||||19||51|||14||
|Promote the efficiency||ofThe Parachute|||Regiment|||||||||
|and Airborne<br>Forces|||||||64||37|||34|135|
|Relief ofneed, hardship||and distress||ofpast||and||||||||
|present members<br>ofThe Parachute||||Regiment||and||||||||
|Airborne<br>Forces and|their dependants||||||75|219|||102||396|
||||||||158|307|||150||615|
|GRANTS PAYAB LE||||||||||||||
||||||||2021|||||2020||
||||||||Group|Parent||Group|||Parent|
||||||||f000|f000||6000|||f000|
|Promote and maintain||the heritage|ofThe|||||||||||
|Parachute<br>Regiment|and Airborne||Forces||- General||||51||||49|
|Promote the efficiency||ofThe Parachute<br>Regiment||||||||||||
|and Airborne<br>Forces|||||||37||37||105||105|
|Rehef ofneed, hardship||and distress||ofpast and||||||||||
|present<br>members<br>of|The Parachute||Regiment|||and||||||||
|Airborne<br>Forces and|their dependants||||||219|219||268|||268|
||||||||257|307||373|||422|
|Analysis ofgrants payable:||||||||||||||
|||||||||||Total funds|||Total funds|
||||||||Unrestricted|Restricted||2021|||2020|
||||||||f000|6000||f000|||6000|
|Other organisations<br>and||individuals'|||||63|192||255|||277|
|Parachute<br>Regiment|Batallions||||||||||||93|
|Breya Ward|||||||||||||3|
|Total Group|||||||63|193|||||373|
|Airborne<br>Assault<br>Limited|||||||51||||||49|
|Tote I Parent<br>|||||||114|193||307|||422|





## 

||||||||||Governance||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Other|costs|Totals|
|||||||||6000|EOOD|EOOD|
|Raismg funds||||||||19|1|20|
|Promote|and maintain|the heritage|ofThe Parachute||||||||
|Regiment<br>Promote|and Airborne<br> the efficiency|Forces<br> ofThe Parachute||Regiment||and||13||14|
|Airborne<br>Relief of|Forces<br>need, hardship|and distress|of|past|and|||32||34|
|present<br>members ofThe Parachute|||Regiment||and||||||
|Airborne|Forces and their dependants|||||||97||102|
|||||||||142|8|150|
|Museum|running||||||||3|3|
|Allocated|to Charitable|Activities||||||142|11|153|
|TotalSupport<br>Costs||||||||161|12|173|
|Activity||Basis ofallocation|||||||||
|Other<br>Governance<br>costs||Proportion<br>Proportion|ofdirect <br> ofdirect||costs <br> costs|required to support<br> required to support|each activity<br> each activity||||



## 

|Net income/<br>(expenditure)<br>is stated after charging/(creditingi:|Net income/<br>(expenditure)<br>is stated after charging/(creditingi:|2021|2020|
|---|---|---|---|
|||EOOD|f000|
|Auditors'<br>remuneration<br>Auditors'<br>remuneration|—current year (net ofVAT)<br>-subsidiaries<br>(net ofVAT)|7<br>7|7<br>6|
|Depreciation<br>-owned|assets|44|46|
|Amortisation||15|15|



## 

## 



## 

|. STAFFCOSTS|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||||2021||2020||
||||||||||||||||||f000||f000||
|Wages and salaries<br>Social security costs<br>Employers - defined contributions|||||||||||||||||324<br>22<br>17|||307<br>22<br>17|
|The charity receives funding from|||the following||||sources in||relation||to employed|||roles:|||||||
|MOD<br>MOD<br>Ogilby Trust||||Management<br>and administration<br>Museum<br>operation<br>Museum<br>operation||||||||||||||11<br>31<br>22||26<br>31<br>22|
|The average<br>monthly|number ofemployees|||||during the year was||||as|follows:||||||||||
||||||||||||||||||2021||2020||
|Benevolence<br>and welfare support|||||||||||||||||||||
|Management<br>and administration|||||||||||||||||||||
|Museum<br>operation|||||||||||||||||||||
|The number<br>ofemployees<br>whose employee||||||benefits||(excluding||employer||pension|||costs) exceeded|||f60,000was:|||
|E70,001 - E80,000|||||||||||||||||2021<br>1||2020<br>1||
|The Chief Executive Officer, Finance Director and Head of <br>total employee<br>benefits<br>in the year (including<br>employer's<br>posts were 6161,000(2020:f161,000).|||||||||Welfare are considered<br>national<br>insurance<br>and||||||key management<br>personnel.<br> pension<br>contributions)<br>for|||||The<br> these|
|COMPARATIVES<br>FOR THE STATEMENT OF FINANGAL||||||||ACTIVITIES<br>(GROUP)|||||||||||||
|||||||||||||Unrestricted||||Restricted|||||
||||||||||||||funds||||funds|Total funds|||
|INCOME FROM|||||||||||||EOOD||||f000||f000||
|Donations<br>and legacies<br>Charitable<br>activities|||||||||||||||645||420||1,065||
|Income from charitable||activities|||||||||||||1||20|||21|
|Other trading activities||||||||||||||489||||||489|
|Investment<br>income||||||||||||||258|||59|||317|
|Other income|||||||||||||||||||||
|Total income||||||||||||||1,393|||499||1,892||
|EXPENDITURE ON|||||||||||||||||||||
|Raising funds||||||||||||||569||||||569|
|Charitable<br>activities|||||||||||||||||||||
|Promote and maintain|the heritage||ofThe||||||||||||||||||
|Parachute<br>Regiment<br>and||Airborne<br>Forces||||||||||||145|||69|||214|
|Promote the efficiency|ofThe Parachute||||Regiment||||||||||||||||
|and Airborne<br>Forces||||||||||||||183|||61||||
|Relief ofneed, hardship||and distress||ofpast and|||||||||||||||||
|present members ofThe||Parachute|Regiment|||and|||||||||||||||
|Airborne<br>Forces and their dependents|||||||||||||||||137|||421|
|Total expenditure||||||||||||||1,181|||267||1,448||



## 



|13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|(GROUP) -continued|||
|---|---|---|---|---|---|---|---|
|NET OPERATING INCOME|||||212|232|444|
|Net gains on investments|||||(748)|||
|NET INCOME|||||(536)|244|(292)|
|Transfer between<br>funds|||||(36)|36||
|Net movement<br>in funds|||||(572)|280|(292)|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought forward|||||10,746|2,850|13,596|
|TOTAL FUNDS CARRIED FORWARD|||||10,174|3,130|13,304|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||(PARENT)|||
||||||Unrestricted|Restricted||
||||||funds|funds|Total funds|
|INCOME FROM|||||f000|f000|f000|
|Donations<br>and legacies<br>Charitable<br>activities|||||601|398|999|
|Income from charitable<br>activities||||||20|20|
|Other trading activities|||||85||85|
|Investment<br>income|||||257|59|316|
|Other income||||||||
|Total income|||||943|477|1,420|
|EXPENDITURE ON||||||||
|Raising funds|||||166||166|
|Charitable<br>activities||||||||
|Promote and maintain<br>the heritage||ofThe||||||
|Parachute<br>Regiment<br>and Airborne<br>Forces<br>Promote the efliciency ofThe Parachute|||Regiment||83||83|
|and Airborne<br>Forces|||||183|61||
|Relief ofneed, hardship<br>and distress||ofpast||and||||
|present<br>members<br>ofThe Parachute||Regiment||and||||
|Airborne Forces and their dependants|||||284|137|421|
|Total expenditure|||||716|198|914|
|NET OPERATING INCOME|||||227|279|506|
|Net gains on investments|||||(748)|12|(736)|
|NET INCOME|||||(521)|291|(230)|
|Transfer between<br>funds|||||(36)|36||
|Net movement<br>in funds|||||(557)|327|(230)|
|RECONCIUATION<br>OF FUNDS||||||||
|Total funds brought forward|||||10,515|1,961|12,476|
|TOTAL FUNDS CARRIED FORWARD|||||9958|2,288|12,246|





|14.|INTANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
|||Computer|||
|||Software|Total|Total|
|||Group|Group|Parent|
||COST|f000|f000|fOOD|
||At 1January 2021<br>Additions|548||14|
||At31December 2021||548|14|
||DEPREQATION||||
||At 1January 2021|470|470||
||Charge for year|15|15||
||At 31December 2021|485|||
||NET BOOK VALUE||||
||At 31December 2021||||
||At 31December 2020||||



## 

|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Plant and|||
||Long|machinery|||
||Leasehold|etc|Total|Total|
|COST|Group<br>6000|Group<br>f000|Group<br>6000|Parent<br>6000|
|At 1January 2021<br>Additions|1,250|1,556<br>2|2,806<br>2|15<br>1|
|Disposals|||||
|At 31December 2021||||16|
|DEPRECIATION|||||
|At 1January 2021<br>Charge for year|492<br>39|1,546<br>5|2,038<br>44|11<br>2|
|Eliminated<br>on disposal|||||
|At 31December 2021|531|1,551|2,082|13|
|NET BOOK VALUE|||||
|At 31December 2021||7|726|3|
|At 31December 2020|758|10|768||





|HERITAGE ASSETS|||
|---|---|---|
||Total|Total|
||Group|Parent|
||f000|f000|
|COST|||
|At 1January 2021|355|355|
|Additions|12|12|
|At 31December 2021|367|367|



## 



## 

|Nature of|business:|, ,<br><br>Commercial<br>events||||
|---|---|---|---|---|---|
|||9'||||
|Class ofshare:||holding||||
|Ordinary||100||||
|||||2021|2020|
|||||f|f|
|Aggregate|capital and reserves|||1|1|
|Profit for the year||||36,155|14236|
|ABP Retail Umited||||||
|Company|registration|number: 06009028||||
|Registered<br>Nature of|office: Terrance House, Units 1-3Denman Street East, Nottingham,<br>business:<br>Retail and online shop||NG7 3GX|||
|Class ofshare:||holding||||
|Ordinary||100||||
|||||2021|2020|
|||||f|f|
|Aggregate<br>capital and reserves<br>profit for the year||||54,951<br>46719|54,951<br>62,289|



|Sole Corpo|rate<br>Member|||
|---|---|---|---|
|||2021|2020|
|||f|f|
|Aggregate<br>Deficit for|funds<br> the year|956,538|1,005,451|





|||||ABP Retail|Umited|PARAS'10 Umited|PARAS'10 Umited|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|||||6000|EOOD|EOOD|6000|
|TURNOVER||||398||82|27|
|Cost ofsales||||(251)|(275)|(44)|(9)|
|GROSS PROFIT||||147|170|38|18|
|Other income||(government|grants)||10|||
|||||147|180|38|18|
|Expenditure||||101||||
|NET PROFIT||||46|62|36|14|
|||||||Airborne Assault|Limited|
|||||||2021|2020|
|||||||6000|6000|
|Income||||||||
|Donations<br>and||legacies||||123|115|
|Research and|Archive visits|||||5|1|
|Other trading||activities||||4|2|
|Investment<br>income|||||||1|
|TOTAL INCOME||||||132|119|
|Expenditure||||||||
|Raising funds||||||1|1|
|Wages||||||83|72|
|Property||||||7|8|
|Administration||||||13|11|
|Maintenance||||||20|29|
|Depreaation|and amortisation|||||54|55|
|Support costs||||||4|4|
|TOTAL EXPENDITURE||||||181|180|
|NET EXPENDITURE||||||||
|||||||2021|2020|
|||||||6000|6000|
|Total subsidiary||income||||612|601|
|Total subsidiary||expenditure||||579|586|





## 

|DEBTORS:AMOUNTS<br>F|ALUNG DUE WITHIN ONE YEAR|ALUNG DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|
||2021||2021|2020|2020|
||f000||f000|f000|f000|
||Group||Parent|Group|Parent|
|Amounts<br>owed by group|undertakings|11||11|97|
|Trade debtors||2||1||
|Other debtors||588|631|105|202|
|||601|735|117|299|
|CREDITORS: AMOUNTS|FALUNG DUE WITHIN ONE YEAR|||||
||2021||2021|2020|2020|
||6000||f000|f000|6000|
||Group||Parent|Group|Parent|
|Trade creditors||23||24||
|Taxation and social security||20|7|15|7|
|Other creditors||109|42|134|35|
|Accruals for grants payable|||51||49|
|CREDITORS: AMOUNTS|FALUNG DUE AFTER MORE THAN|ONE YEAR||||
||2021||2021|2020|2020|
||f000||6000|f000|f000|
||Group||Parent|Group|Parent|
|Accruals for grants payabie|||||51|
|ANALYSIS OF NET ASSETS BEIWEEN FUNDS||||||
|||||2021|2020|
||Unrestricted||Restricted|Total|Total|
||Funds<br>f000||Funds<br>6000|funds<br>6000|funds<br>f000|
|Group||||||
|Fixed assets||437|719|1,156|1,199|
|Investments||9,757|2,145|11.,902|9,789|
|Current assets||1,972|432|2,404|2,489|
|Current<br>liabilities||(145)|(7)|(152)|(173)|
|||12,021|3289|15,310|13,304|
|Company||||||
|Fixed assets||379||379|369|
|Investments||9,757|2,145|11,902|9,789|
|Current assets||1,768|351|2,119|2,230|
|Current<br>habilities||(93)|(7)|(100)|(91)|
|Long term habilities|||||(51)|
|||||14300|12246|





## 

|. MOVEMENT<br>IN FUNDS|||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.21|in funds|funds|31.12.21|
|Unrestricted<br>company<br>funds|||EOOD|6000|6000|EOOD|
|General fund<br>Heritage assets (designated<br>fund)<br>Airborne<br>Assault<br>Ltd grants (designated<br>fund)<br>Other designated<br>funds (designated<br>fund)<br>Unrestricted<br>subsidiary<br>funds|||9,476<br>355<br>102<br>24|1,836<br>(1)<br>2|53<br>12<br>(50)|11,365<br>367<br>51<br>26|
|ABP Retail Umited general fund<br>PARAS'10 Limited general<br>fund<br>Airborne<br>Assault<br>Ltd general fund<br>ParaData<br>Phase<br>ll (designated<br>fund)<br>Other designated<br>funds (designated|fund)||55<br>35<br>105<br>22|47<br>36<br>(41)<br>(13)<br>(1)|(47)<br>(36)<br>41|55<br>35<br>92<br>30|
||||10,174|1,865|(18)|12,021|
|Restricted funds|||||||
|OperationalSupport<br>Fund<br>Pegasus<br>Benevolence<br>and Welfare|||17<br>57|(9)<br>(17)|18|8<br>1<br>57|
|Afghanistan<br>Trust<br>Other restricted<br>Airborne<br>Assault Normandy<br>Trust|||1,864<br>16<br>30|244<br>4||2,108<br>20<br>30|
|Breya fund<br>Francis Fund<br>Parachute<br>Regiment<br>and Airborne|||18<br>286|(1)<br>(38)||17<br>248|
|Forces Museum<br>Trust<br>ParaData<br>Phase<br>II|||787<br>55|(38)<br>(4)||749<br>51|
||||3,130|141|18|3,289|
|TOTAL GROUP FUNDS|||13,304|2,006||15,310|
|TOTAL COMPANY FUNDS|||12,246|2,054||14,300|





## 

## 

||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted<br>cornpanyfunds|||6000|6000|f000|f000|
|General fund<br>Airborne Assault<br>Ltd grants (designated<br>fund)<br>Other designated<br>funds (designated<br>fund)<br>Unrestricted<br>subsidiary<br>funds|||1,088<br>19|(439)<br>(1)<br>(17)|1,187|1,836<br>(1)<br>2|
|ABP Retail Limited general fund<br>PARAS'10 Umited general fund<br>Airborne<br>Assault<br>Ltd general fund<br>ParaData<br>Phase<br>II (designated<br>fund)<br>Other designated<br>funds (designated|fund)||399<br>82<br>60|(352)<br>(46)<br>(101)<br>(13)<br>(1)||47<br>36<br>(41)<br>(13)<br>(1)|
|Restricted company<br>funds|||1,648|(970)|1,187|1,865|
|Operational<br>Support<br>Fund<br>Pegasus Journal<br>Benevolence<br>and Welfare|||11<br>98|(9)<br>(28)<br>(98)||(9)<br>(17)|
|Afghanistan<br>Trust<br>Other restricted|||54<br>4|(36)|226|244<br>4|
|Breya fund<br>Francis Fund<br>Restricted subsidiary<br>funds||||(1)<br>(52)|12|(1)<br>(38)|
|Parachute<br>Regiment<br>and Airborne|||||||
|Forces Museum<br>Trust<br>ParaData<br>Phase<br>II<br>Ogilby Trust grant|||22|(38)<br>(4)<br>(22)||(38)<br>(4)|
||||191|(288)|238|141|
|TOTAL GROUP FUNDS|||1,839|(1,258)|1,425|2,006|
|TOTAL COMPANY<br>FUNDS|||1,360|(731)|1,425|2,054|





## 

|Comparatives<br>for movement<br>in fund|s||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.20<br>f000|in funds<br>f000|funds<br>f000|31.12.20<br>f000|
|Unrestricted<br>company<br>funds|||||||
|General fund<br>Heritage assets (designated<br>fund)|||9,995<br>355|(559)|40|9,476<br>355|
|Airborne<br>Assault<br>Ltd grants (designated<br>fund)<br>Other designated<br>funds (designated<br>fund)|||151<br>14|10|(49)|102<br>24|
|Unrestricted<br>subsidiary<br>funds|||||||
|ABP Retail Limited general fund<br>PARAS'10 Limited general fund<br>Airborne<br>Assault<br>Ltd general<br>fund<br>ParaData<br>Phase<br>II (designated<br>fund)<br>Other designated<br>funds (designated|fund)||55<br>35<br>117<br>24|62<br>14<br>(49)<br>(12)<br>(2)|(62)<br>(14)<br>49|55<br>35<br>105<br>22|
||||10,746|(536)|(36)|10,174|
|Restricted funds|||||||
|OperationalSupport<br>Fund<br>Pegasus<br>Benevolence<br>and Welfare|||19<br>57|(2)<br>(36)|36|17<br>57|
|Afghanistan<br>Trust<br>Other restricted|||1,821<br>13|43<br>3||1,864<br>16|
|Airborne<br>Assault Normandy<br>Trust|||30|||30|
|Breya fund<br>Francis Fund|||21|(3)<br>286||18<br>286|
|Parachute<br>Regiment<br>and Airborne|||||||
|Forces Museum<br>Trust<br>ParaData<br>Phase<br>II|||827<br>62|(40)<br>(7)||787<br>55|
|Qgilby Trust grant|||||||
||||2,850|244|36|3,130|
|TOTALGROUPFUNDS|||13,596|(292)||13,304|
|TOTAL COMPANY<br>FUNDS|||12,476|(230)||12,246|





## 

|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||f000|EOOD|f000|f000|
|Unrestricted<br>company funds||||||||
|General fund<br>Airborne<br>Assault<br>Ltd grants (designated|||fund)||(652)|(748)|(559)|
|Other designated<br>funds (designated||fund)||23|(13)||10|
|Unrestricted<br>subsidiary<br>funds||||||||
|ABP Retail Limited general fund||||455|(393)||62|
|PARAS'10 Limited general fund||||26|(12)||14|
|Airborne<br>Assault<br>Ltd general<br>fund<br>ParaData<br>Phase 0 (designated<br>fund)<br>Other designated<br>funds (designated||fund)||48|(97)<br>(12)<br>(2)||(49)<br>(12)<br>(21|
|Restricted companyfunds||||1,393|(1,181)|(748)|(536)|
|Operational<br>Support<br>Fund<br>Pegasusiournal<br>Benevolence<br>and Welfare||||24<br>95|(2)<br>(60)<br>(95)||(2)<br>(36)|
|Afghanistan<br>Trust||||59|(28)|12|43|
|Other restricted||||3|||3|
|Breya fund<br>Francis Fund||||296|(3)<br>(10)||(3)<br>286|
|Restricted<br>subsidiary<br>funds||||||||
|Parachute<br>Regiment<br>and Airborne||||||||
|Forces Museum<br>Trust<br>ParaData<br>Phase 0<br>Ogilby Trust grant||||22|(40)<br>P)<br>(22)||(40)<br>(7)|
|||||499|(267)|12|244|
|TOTAL GROUP FUNDS||||1,892|(1,448)|(736)|(292)|
|TOTAL COMPANY<br>FUNDS||||1,420|(914)|(736)|(230)|





## 

|||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||movement|between|At|
||||||||At 1.1.20|in funds|funds|31.12.21|
||||||||F000|6000|6000|6000|
|Unrestricted<br>company funds|||||||||||
|General fund|||||||9995|1,277|93|11,365|
|Heritage assets|(designated||fund)||||355||12|367|
|Airborne<br>Assault||Ltd grants|(designated|||fund)|151|(1)|(99)|51|
|Other designated||funds (designated|||fund)||14|12||26|
|Unrestricted<br>subsidiary<br>funds|||||||||||
|ABP Retail Limited general fund|||||||55|109|(109)|55|
|PARAS'10 Limited||general fund||||||50|(50)||
|Airborne<br>Assault||Ltd general fund|||||35|(90)|90|35|
|ParaData<br>Phase|if (designated|||fund)|||117|(25)||92|
|Other designated||funds (designated|||fund)||24|(3)||30|
||||||||10,746|1,329|(54)|12,021|
|Restricted funds|||||||||||
|Operational<br>Support<br>Fund|||||||19|(11)||8|
|Pegasus||||||||(53)|54|1|
|Benevolence<br>and||Welfare|||||57|||57|
|Afghanistan<br>Trust|||||||1,821|287||2,108|
|Barelays|||||||||||
|Other restricted|||||||13|||20|
|Airborne<br>Assault||Normandy|Trust||||30|||30|
|Breya fund|||||||21|(4)||17|
|Francis Fund||||||||248||248|
|Parachute<br>Regiment<br>and Airborne|||||||||||
|Forces Museum|Trust||||||827|(78)||749|
|ParaData<br>Phase|II||||||62|(11)||51|
|Ogilby Trust grant|||||||||||
||||||||2,850|385|54|3,289|
|TOTAL GROUP FUNDS|||||||13,596|1,714||15,310|
|TOTAL COMPANY||FUNDS|||||12,476|1,824||14,300|





## 

||||||Incoming|Resout ces|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|fosses|in funds|
||||||f000|f000|f000|6000|
|Unrestricted<br>company funds|||||||||
|General fund<br>Airborne<br>Assault<br>Ltd grants (designated<br>fund)<br>Other designated<br>funds (designated<br>fund)|||||1,929<br>42|(1,091)<br>(1)<br>(30)|439|1,277<br>(1)<br>12|
|Unrestricted<br>subsidiary<br>funds|||||||||
|ABP Retail Umited<br>general fund|||||854|(745)||109|
|PARAS'10 Limited general fund|||||108|(58)||50|
|Airborne Assault<br>Ltd general<br>fund<br>ParaData<br>Phase<br>ff (designated<br>fund)<br>Other designated<br>funds (designated|||fund)||108|(198)<br>(25)<br>(3)||(90)<br>(25)<br>(3)|
|Restricted company<br>funds|||||3,041|(2,151)|439|1,329|
|Operational<br>Support<br>Fund<br>Pegasuslournal<br>Benevolence<br>and Welfare|||||35<br>193|(11)<br>(88)<br>(193)||(11)<br>(53)|
|Afghanistan<br>Trust|||||113|(64)|238|287|
|Barclays|||||||||
|Other restricted|||||||||
|Airborne<br>Assault<br>Normandy|Trust||||||||
|Breya fund<br>Francis Fund|||||298|(4)<br>(62)|12|(4)<br>248|
|Restricted<br>subsidiary<br>funds|||||||||
|Parachute<br>Regiment<br>and Airborne|||||||||
|Forces Museum<br>Trust<br>ParaData<br>Phase<br>II||||||(78)<br>(11)||(78)<br>(11)|
|Ogilby Trust grant||||||(44)|||
||||||690|(555)|250|385|
|TOTAL GROUP FUNDS|||||3,731|(2,706)|689|1,714|
|TOTAL COMPANY<br>FUNDS|||||2,780|(1,645)|689|1,824|





## 

## 



## 

## 

## 

|its applicat|ion|by th|e charity<br>is set out below:|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6000|6000|
|Gifts and donations|||||2|
|Subscriptlons||||10|20|
|Advertising|income|||1||
|Donated services||||||
|||||11|24|
|Less annual|running||costs|(28)|(60)|
|Deficit for|the|year||(17)|(36)|
|Annual<br>running||costs are as follows:||||
|||||2021|2020|
|||||f000|6000|
|Publication|costs|||4|8|
|Salanes||||20|46|
|Postage costs||||2|6|
|Insurance||||1|1|
|Bank charges||||1|1|
|||||28|60|