Managing Trustee's Annual Report and Comments: Unit................Arn]y Training Cents? Pirbrighi.................................................................................... Address............Alexander Barracks, Pirbright, Woking. Surrey GU24 OQQ....................................... Charity name and Charity CommissionlRegulator registered number........PRI.. .1135077 D¢scription of the charity's tsts This should include- Detatls, including date if known of the charity's governing documettt (e.g. trust dee(L will, constitution etc). and A brief explanation of the charity's objecrs. Where applicable. you may choose to give details of any specific investtnent powers of the charity. Governing Document (e.g. Trust Deed. Constitution) Governing Document adopted inio each mess and signed by HOE Objects of the Charity The promotion of effi¢i¢ncy of the Arnjed Forces of the Crown by the provision and support of facilities and activities for the efficiency and well- bein of service rsonnel. Explain briefly how trnstees are elected or appointed and dethils of any induction alld trustee training attended. Trustee selection method Tied by apwintment, Managing Trnstee of Central Bank (HOE) Trustee induction and training co tks Course and personal briefing by Regimental Accountant and RAO 16
Explain about what the charily is trying to do and how it 15 going about it. You are only required to provide a brief summary of the main activities and achievements of the chariiy during the year in relaiion to its objects. Summary of main activities in relation to the Charity's objects The Charity provides SUPPOrt to social. sporting. and recreationa] events designed to improve quality of life of all members of the Army Training Centre Pirbright and their immediate families. Sutnlnary of main achievements of the Charity during the The Charity supwirts numerous sporting and recreaiional events as well as providing grants lowards adventure training and sports. The charity also provides some support to Welfare. This year thc PRI sUPPQrtcd grants given to 2 golf tour, Commando Speed March, Jiu Jitsu, Cycling and numemus smaller cohesion events. Provide a brief review of the financial position of the charity. This should include the principal types of income. Financial Review The Charity's main source of income are membership subscriptions. trading grants and investment incom¢. The Managing Trustee should give in theii report a description of the following policies: For the selection of investments for the charity. For d¢t¢rn]ining the level of income reserves hel(L stating and explaining the level of reserve5 held. Where grdnts are made by the charity, the selection of individuals and institutions who are to receive grants out of the assets of the charity. Financial reserves policy The policy is to retain sufficient reserves to cover known commitments for 12 7nonths. Investment's selection policy and performance of those investments. Treasury Investments. Stocks and Shares (as advised by an indendent professional broker) and high interest deposit accounts in line with SFR. Provide the name of ail trustees/the Managing Trustee(s) during the reEK)rt year. Managing Trustee's nameltrnstees. names Lt Col S Kelly 17
Serious tncident5 There were no serious incidents during the year. Public Benefit Statement This fund provides public benefit by 2SSiSLing service personnel to perform their roles more effectively within th¢ Amied Forces of the Crown. It docs this by providing and suptrf)rting sporting and adventure training activities. This assIstaCe enables service rSonnel to face the challenges and danger associated with military service by developing and mainiaining icamwork,. skills,'firness,' confthnce, characler. spirit and otlitude," apMI IFrale* As a result. the fund promotes the efficiency of the Anned Forces of the Crown by enh2n¢ing the British Army's capability to undertake the roles demanded of it including the defence of the Uniied Kingdorn and its interests. (I conflmi that I have paid due regard lo the Charity Commission of England and Wales's guidance on public benefit when deciding what activities. the charity should undertake.) yJdelete as appropriate. replace with wording appropriate io activities of fund e.g. 'providing and supporting mess facilities and social aciivities or ' providing and supporting sporting and adventure training acrivities. 18
Additional comments (include any declarations which were not correct (Pg 12113)): The account requires an external audit due to income exceeding £250.(MX).(M) PRI Subs are C. l13.5K- this needs to be balanced l offset against events for PS that enhance the collective 'Whole Force Lived Experien¢e'. Signature Name Lt Col S Kell Date.. g£ Appointment Mana ntr Trnstee 19
Statement of Financial Adivities as at 31101r2023 Paxton+ Page lorj Printed: 03102f2023 P Arm Trainin imenl ht UnFestrictedl DesignatedlGPF Endowment Funds Total FuDds Previous Period Total Funds Funds coming Rtsour¢es oluntary Jncorne tivities for Generating Funds nvestm¢nt Income ncome Resources from haritabl¢ Activities her Incolnin Resources ot31 Incornin Resources esourc¢s Expended Cost of etterating FuDds nvestment Mauagement Costs osts of Generdtillg Funds haritable A¢tivitie5 overnaTrce Costs rants and Donations ther Costs otal Re50Mrces Ex ended et Ineomingloutgoing esources Before Transfers ran%fer3 14.457.00 32,246.62 3227.09 23.933.28 4.120.88 0.00 23.3.28 4.350.74 229.86 128.683.65 111.530.75 0.00 1117fAI.61 240,214.40 88,417.52 0.00 4&23 156 737.81 26 498.42 138 85.66 2,240.00 109,424.47 3,179.89 16,604.74 25,131.58 320.00 90,155.43 3,602.64 49.707.71 21,591.98 16 77.76 320.00 162.558.05 4,018.41 67,79922 21.591.98 256 87.66 71402.62 415.77 18.IWI.51 0.00 639.95 20350.71 12310.76 -IS31&11 ross transfers between fimds intemal transfrr5) et Incorning resour¢¢s befo vlding gains and losses ollitsg G8inslLosse5 ains on revaluation of tbe harity's fixed assets nrealised GainsOsseS o nvestment assets et Movement Funds econciliation of Fund5 otal funds brought forward ro previous year otal funds earried forward 5,155 83 5.155.83 0.00 -3484.12 . 20050.71 17?6&59 -18J18.11 0.00 0.00 -14.622.13 -18 106.25 -14,622.13 2,744.46 12.888.01 -5.430.10 20,850.71 41,746.20 o. 32&729.58 7.13 62J96.91 331,474.04
Service Non Public Funds Final Accoun Managing Trustee's Report, Internal Audit Board Report and Independent Examiner's Report (SORP 215 compliant) Regimental Accounlant Scheme ArrnyForm N1514 (Rev 111091 Unit Army Training Centre 14rbright Address Alexander BaEracks. PiTbn"ghL Woking. Surrey GU24 I>QQ In respect of the ATC President of the Remental Insiitu Charity CommissionlRegulator giSred number NIA 1125077- For the peTiod from 01 Feb 2022 To 31 Jan 2023 Managing Trustee(s} during the peiiod: From 01 Feb 2022 to 31 Jan 2023 Lt Col S Kell to Nan]e Name Fund Managerfs) during the period: From 01 Feb 2022 31 Jan 2023 Name Lt Col C Garrard From Name From to Name Internal Auditor(s) during the period: From 01 Feb 2022 31 Jan 2023 Name Mrs S Cross From Name From to Name Associate Auditor(s) during the peri(Ml: Associatr Auditor Associate Auditor Regimental Accountant(s) during the period: Fro 01 Feb 2022 31 Ma 2022 Mrs M Simmonds Fro l June 2022 27 Se 2022 Name Ms K Porter From 28Se 2022 06 Nov 2022 Name S I Vavata From 07 Nov 2022 31 Jan 21)23 Ms K Porter
Poll+ Balallee Sheet- January 2023 Page l of3 Printed: 0310212023 P Amy TraiDiDg Regiment (Pirbright) January 2023 d of last Bala]¢ Fixed A&s¢ts 49,773.29 Captia] Propety 0.00 PROP 59 BTY RA 0.00 HeritageAssa5 124,935.60 Investments 0. SWORD O.IM) INVEST 59 BTY RA 29.649.41 0.00 75,186.12 0.00 4.505.40 174.708.89 Total Fixed Ats 109,340.93 147,712.46 Crnt bank a¢count 10.427.38 Debtors 39.108.41 STOCK ON HAND 197,248.25 Total Current A&sets 202.570.76 1.424.64 50,519.61 254,515.01 371,957.14 Tots] Assets 363.855.94 LiabilitA&% 44.172.77 Creditors (945.21) VAT control O.IM) VAT payable 28,476.01 3,905.89 (43.227.56) Total Liabilities (32,381.90) 328,729.58 TotslAssets Liabilities 331,474.04 T(rtal Fuwls 41,746.20 SO Restricted Fut 0.00 Totsl ED(lowrnent Funds 0.00 Total LkS]1 Funth 286,983.382ccumulated Trading & GPF 328,729.5SAo Funds 62.596.91 268.877.13 331.474.0
Paxton+ Balance Sheet- 2023 Page 2 of3 Printed: 0310212023 P Arniy Training RegirneDt (Piright} Bal Fullds Analysis Desied Funds o.Ix) 0.00 Restrrcted Fu 1.13328 HQ GYM STAFF 176.50 SHOOTtNG O.IJ) CLIMBtNG O.(KJ FISH 0.00 F(M)TBALL 1,664.00 GOLF Sc]ETy 0.00 Ks Swtm -CU)SED 0.00 RUGBY 0.00 59 BTY RA 0.00 96 SQN RLC 0.00 CHAVASSE COY O.(KJ JACKSON COY 0.00 28 SQN RE O.(KJ I SQN 0.00 TRIATHLON 156.90 ORIENTEERtNG 0.) 108 SQN 0.00 CAEN SQN 0.00 JtU-JlTSU 0.00 CROSS coifNIRY 0.00 CHURCH FUND 0.00 FEMALE FOCUS 0.00 CANOEtNG O.(M) EX ALPtNE TIGER O.IJO EX TIGER CRAWL 0.00 MOUNTAtN BIKE 0.00 RE SQUASH- CLOSED 0.00 RADC SKI- CLOSED O.(h) AMS EQUITATION 0.00 AGC GRANTS 0.00 EX PIRBRIGHT PIRATE 0.00 PARACHUTSNG 248.66 ITG SAAM 273.1 I NORMANDY 0.00 FAM WELFARE 44.64 ASSESS TRE (P) 3,318.14 KOHtMACOY 0. SERVICES WELFARE REFURBISHMENT 0.00 SANDES REFURB. CLOSED 0.00 ATC(P) HQ REGT 12.328.57 PlliBIUGHT STATION 1374.43 WELFARE FUND 0.00 UNDER 5sAcrtVlTIES- CLOSED 0.00 YOUTH CLUB- CLOSED 20,027.97 COMMUNITY COVENANT 0.00 JUBILEE CE. NAAFI FLfND 0.00 R& C sewy 708.12 176.50 0.00 2,862.00 7213.72 1.843.85 1243.54 889.69 1.378.15 .358.38 0.00 156.90 2.76324 1,156 89 100.00 146.66 0.00 0.00 0.00 0.00 70.00 248.66 527 0.00 3,220.91 0.00 8.207.13 2.791.46 14,555.45 11.355.75 0.00
P8xton+ Balance Sheet- January 2023 Page 3 of3 PriDted: 0310212023 P Amy Training Regiment (Pirbiight) of last Balance 41.746.20 62,596.91 (16,945.20) Trading sU]uS 0.00 Non Prjmary Puw trdding sutplus (9221.04) General Pw Fwid swplus 32,035.95 0.00 (50,14220) (26,166.24) TTading & GPF surplu8 313.149.62 Balan at last balance sbe¢t (18,106.25) 286,983.38 286,983.38 Accumulatrd Trnding & GPF 268,877.13 328,729.58 Grand totyl 331,474.04 StgTtatllr¢ ofAIC Hol&rlFund Manager SignarLtre of Managing Trus*e 22
REGISTERED CHARITY NUMBER: 1135077
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023
FOR
PRESIDENT OF THE REGIMENTAL INSTITUTE
ARMY TRAINING CENTRE PIRBRIGHT
Shaw Gibbs Limited Wey Court West Union Road Farnham Surrey GU9 7PT
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31st January 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 14 |
| Detailed Statement of Financial Activities | 15 to 16 |
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
REPORT OF THE TRUSTEES
for the year ended 31st January 2023
The trustees present their report with the financial statements of the charity for the year ended 31st January 2023. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Objectives and aims
The principal activity of President of the Regimental Institute Army Training Centre Pirbright is 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 Charity provides support to social, sporting, and recreational events designed to improve quality of life of all members of the Army Training Centre Pirbright and their immediate families. The Charity supports numerous sporting and recreational events as well as providing grants towards adventure training and sports. The charity also provides some support to Welfare. This year the PRI has supported grants given to a golf tour, Commando Speed March, Jiu Jitsu, Cycling and numerous smaller cohesion events.
Financial review
The Charity's main source of income are membership subscriptions, trading grants and investment income.
Financial reserves policy
The policy is to retain sufficient reserves to cover known commitments for 12 months.
Investment's selection policy and performance of those investments
Treasury Investments, Stocks and Shares (as advised by an independent professional broker) and high interest deposit accounts in line with SFR.
Serious incidents
There were no serious incidents during the year.
Public benefit statement
This fund provides public benefit by assisting service personnel to perform their roles more effectively within the Armed Forces of the Crown. It does this by providing and supporting sporting and adventure training activities. This assistance enables service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork; skills; fitness; confidence, character, spirit and attitude; and morale. As a result, the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the British Army's capability to undertake the roles demanded of it including the defence of the United Kingdom and its interests. (I confirm that I have paid due regard to the Charity Commission of England and Wales's guidance on public benefit.
Page 1
PRLSIDEYT OF THE REGINIENTAL INSTITLTE ARly RAININ RE PIRBRI REPORT OF THE TRL'STELS for the ear ended 31st 2023 PrlntlpAI Addrtss President of the Regimeniai Institu Army Training Centre Pirbright PirbTight Camp Woking Sutrey GU24 OQQ TrLlStees M By4she lapp]intcd 25.8.231 Indepemdeot ll¢¢ Rc(Iman Shilw Gibbs Lijnited Wey Caurt West Union Road Faniham Surrcy GU9 7PT Approved by orderof the tAwd of trus*es on...... atyj si8n)l on its behalf by". LT CDI M Bysshe. Trllske Page 2
PENDENT E ER'S REPORT T Tll 'STEES OF s[DEr OF TIIF. RF.r.Ih1F.PaAI. INSTrrirrE ARMY TRAlli1C. CF.)TRF. PIRBIUGwr ldptoCt tlWmlD¢f'5 ryPQrt lo Ihe Irusites of Prtsidethi or The Rtgirn¢Dtil Illstltute Army Tr•ioiDg Ctnlrt Pirbrighl I rep)rt to the £haTily trust5 on my cxgjnmaiion ol the accounts of Presid¢nt Of Thc Rcgjmenral Insiiluic Arniy Ira1 Ccntre Pirbright (th¢ Trus11 for the year ¥nd¥d 3151 January 20?3. R¢$pobslbilllfjts #ud ba515 of report As the charjty trustees of th¢ Tw$L you dr¢ responsible for the prepafalioth of the a¢counts in accordance with th¢ r¢qyir¢Tn¢n15 of ihc I'.harilre% Aci 2011 lthc Aet'l I report in respert olmy cxarninaiion of Ihe Trusi's aeeounts ¢arried out urtd¢r S¢dion 145 of thc Aci and in carrying out my c¥aminalion I have followed all applKabl¢ t)irrylions BiveD by the Qhhriiy Commission uthdei s110 14515Xb} of the Aci. llldependent eiaminer'j st8temeth( Since your charity's 8ioss income cxcced¢d £250,0 your examiry¢r mw%i br 3 mtmber of * lisled y. I can confwm ihai I arn qualified to undcnake the exammatK>n b¢¢aus¢ l am i member of the Inltte of Clwtered A¢counWIts u> England and Wales. whjch Is one of th¢ listed bodie5 I have completed my examinaiion. l ¢onfm thw no maierial matters have come io My atteniion irt ¢omeclion with the examinaiiiw ¥iving mt causc to believe that in any M81¢ri Tesp¢¢i a£couniin8 records were Doi k¢pi rtspeci of ihe"l as requwed by Section IJQ ol"th¢ Act: or the ac¢oumi$ do rs01 acrord with those TecoTds,' or the accounis do noi comply with thv appli¢able qUIreMents (reIng the fonn ond coni¢n¢ of Krounts Sel out in th¢ Chariti¢$ IA¢¢ounts R¢wrt51 Regulations 2(M)8 other than afty r¢quirement thai the accounts 8ive a and fair vi¢w whiLh is noi a maN¢r ¢onsid¥rd s pan of an indcpcndcni examination. I hav¢ no ¢on¢¢rns &nd hav¢ comc ocros5 Tho oiheT m&n¢r$ in ¢onn¢rlion with thc txaminaiion to whictl aneniion should be drawn in this repon in order 10 enhblc a wop¢r wMkrsundirs¥ of the aciounts b¢ re&hed Lanct Rtdm*D FCA FCCA Shaw Cjibbs Limiied Wey Court Wes¢ lJninn Road Farnham Surrey GU9 7PT Dal¢.' 12 Apnl 2024 Page 3
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31st January 2023
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Charitable activities Voluntary income - - Activities for generating funds 23,933 - Income resources from charitable activities 128,684 111,531 Investment income 2 4,121 232 Total 156,738 111,763 EXPENDITURE ON Charitable activities Charitable activities 135,055 90,911 Other costs 21,564 - Support costs 6,483 - Total 163,102 90,911 Net gains/(losses) on investments (14,622) - NET INCOME/(EXPENDITURE) (20,986) 20,852 RECONCILIATION OF FUNDS Total funds brought forward 286,983 41,747 TOTAL FUNDS CARRIED FORWARD 265,997 62,599 |
2023 Total funds £ - 23,933 240,215 4,353 268,501 225,966 21,564 6,483 254,013 (14,622) (134) 328,730 328,596 |
2022 Total funds £ 14,457 32,246 88,417 3,228 138,348 128,390 25,131 3,146 156,667 12,888 (5,431) 334,161 328,730 |
|---|---|---|
The notes form part of these financial statements
Page 4
DEN GJMENTAL INSTITufE ARi¥IY TRAINING CENTRE PIRBRIGHT NCE SHEET anua 2023 Total funds 2022 Total funds UnresTricied fund Restricted funds Notrs FIXED ASSETS TangLble asses Invesunens 29.(A9 79.692 29.6A9 79.692 49,773 124936 IV).341 I}.341 I74.7(j CURRENT A&8ETS Stocks Debtors Cash ai bank 50.520 1,425 139.974 50.520 1,425 202.573 39,108 62,599 147713 191.919 62.599 254.518 198,193 CREDITORS Amounis fallin8due within one year 10 135.2631 {35,2631 144,1721 NET CURRENT ASSETS 62 156 656 99 219.255 IS4021 TOTAL ASSETS CURRENT LIABILITIES 265.997 62.599 328,596 328.730 NET ASSETS 265,997 62.599 328,730 FUNDS Unresirjcted funds Restrickd funds 265,997 286,983 TOTAL FUNDS 328,596 328.730 The financial 5taiemenis were approved by the Bo1 of and authotised for issue on ....IL..fvy.....74........ . . and wrrc 5igtrd ort ils behalf by.. LT Col M Bysshe- Trus*¢ The note5 f(Km part of these financial statements Page 5
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st January 2023
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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 2.5 years straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 6
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Investment income | 4,353 | 3,228 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st January 2023 nor for the year ended 31st January 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st January 2023 nor for the year ended 31st January 2022.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Costs of generating funds No employees received emoluments in excess of £60,000. Wages and salaries Other pension costs 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Charitable activities General 67,631 Investment income 3,227 Total 70,858 |
2023 1 2023 £ 17,120 328 17,448 Restricted funds £ 67,489 1 67,490 |
2022 1 2022 £ ,15,508 278 15,786 Total funds £ 135,120 3,228 138,348 |
|---|---|---|
continued...
Page 7
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
| EXPENDITURE ON | |||||
|---|---|---|---|---|---|
| Charitable activities | |||||
| General | |||||
| 84,782 | 46,754 | 131,536 | |||
| Other | 25,131 | - | 25,131 | ||
| Total | 109,913 | 46,754 | 156,667 | ||
| Net gains on investments | 12,888 | - | 12,888 | ||
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | continued | |||
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| NET INCOME/(EXPENDITURE) | (26,167) | 20,736 | (5,431) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 313,150 | 21,011 | 334,161 | ||
| TOTAL FUNDS CARRIED FORWARD | 286,983 | 41,747 | 328,730 | ||
| 6. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| and | |||||
| fittings | |||||
| £ | |||||
| COST | |||||
| At 1st February 2022 and 31st January 2023 | 49,773 | ||||
| DEPRECIATION | |||||
| Charge for year | 20,124 | ||||
| NET BOOK VALUE | |||||
| At 31st January 2023 | 29,649 | ||||
| At 31st January 2022 | 49,773 |
continued...
Page 8
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
7. FIXED ASSET INVESTMENTS
| MARKET VALUE At 1st February 2022 Additions Disposals Revaluations At 31st January 2023 NET BOOK VALUE At 31st January 2023 At 31st January 2022 There were no investment assets outside the UK. 7. FIXED ASSET INVESTMENTS - continued Cost or valuation at 31st January 2023 is represented by: Valuation in 2023 8. STOCKS Stocks 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors VAT |
Listed investments £ 124,936 5,976 (41,720) (9,500) 79,692 79,692 124,936 Listed investments £ 79,692 2023 2022 £ £ 50,520 39,108 2023 2022 £ £ 1,425 10,427 - 945 1,425 11,372 |
|---|---|
continued...
Page 9
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors | 28,477 | 44,172 | ||
| Taxation and social security | 3,906 | - | ||
| Other creditors | 2,880 | - | ||
| 35,263 | 44,172 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.2.22 | in funds | 31.1.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 286,983 | (20,986) | 265,997 | |
| Restricted funds | ||||
| HQ Gym Staff | 1,133 | (425) | 708 | |
| Shooting | 177 | - | 177 | |
| Golf Society | ||||
| 1,664 | 1,198 | 2,862 | ||
| Orienteering | ||||
| 157 | - | 157 | ||
| ITG Saam | 249 | - | 249 | |
| Normandy | ||||
| 273 | (268) | 5 | ||
| Assess Centre (P) | ||||
| 45 | - | 45 | ||
| Kohima Coy | ||||
| 3,318 | (97) | 3,221 | ||
| Pirbright Station | 12,329 | (4,122) | 8,207 | |
| Welfare Fund | 2,374 | 417 | 2,791 | |
| Community Covenant | 20,028 | (5,473) | 14,555 | |
| 59 BTY RA | ||||
| - | 7,314 | 7,314 | ||
| 96 SQN RLC | ||||
| - | 1,844 | 1,844 | ||
| CHAASSE COY | ||||
| - | 1,244 | 1,244 | ||
| JACKSON COY |
continued...
Page 10
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
11. MOVEMENT IN FUNDS - continued
| - 28 SQN RE - 1 SQN - TRIATHLON CAEN SQN - - CHURCH FUND - JUBILEE CENTRE - NAAFI FUNI - 108 SQN - JIU-JITSU - AGC GRANTS - 41,747 TOTAL FUNDS 328,730 Incoming Resources resources expended £ £ Unrestricted funds General fund 156,738 (163,102) Restricted funds HQ Gym Staff 790 (1,215) Golf Society 1,198 - Normandy |
890 890 1,378 1,378 1,358 1,358 4 4 1,157 1,157 147 147 11,356 11,356 2,760 2,760 100 100 70 70 20,852 62,599 (134) 328,596 Gains and Movement losses in funds £ £ (14,622) (20,986) - (425) - 1,198 |
|---|---|
continued...
Page 11
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| 4 | (272) | - | (268) | |
|---|---|---|---|---|
| Kohima Coy | ||||
| 1,127 | (1,224) | - | (97) | |
| Pirbright Station | (1) | (4,121) | - | (4,122) |
| Welfare Fund | 3,695 | (3,278) | - | 417 |
| Community Covenant | 39,993 | (45,466) | - | (5,473) |
| 59 BTY RA | ||||
| 7,949 | (635) | - | 7,314 | |
| 96 SQN RLC | ||||
| 4,158 | (2,314) | - | 1,844 | |
| CHAASSE COY | ||||
| 2,131 | (887) | - | 1,244 | |
| JACKSON COY | ||||
| 1,275 | (385) | - | 890 | |
| 28 SQN RE | ||||
| 2,256 | (878) | - | 1,378 | |
| 1 SQN | ||||
| 2,213 | (855) | - | 1,358 | |
| TRIATHLON | ||||
| 4 | - | - | 4 | |
| CAEN SQN | ||||
| 1,659 | (502) | - | 1,157 | |
| CHURCH FUND | ||||
| 233 | (86) | - | 147 | |
| JUBILEE CENTRE - NAAFI FUNI |
continued...
Page 12
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
11. MOVEMENT IN FUNDS - continued
| 108 SQN JIU-JITSU AGC GRANTS TOTAL FUNDS |
11,813 2,760 28,436 70 111,763 268,501 |
(457) - (28,336) - (90,911) (254,013) |
- - - - - (14,622) |
11,356 2,760 100 70 |
|---|---|---|---|---|
| 20,852 | ||||
| (134) |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.2.21 | in funds | 31.1.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 313,150 | (26,167) | 286,983 |
| Restricted funds | |||
| Restricted funds | (20,736) | 20,736 | - |
| HQ Gym Staff | 1,133 | - | 1,133 |
| Shooting | 177 | - | 177 |
| Golf Society | |||
| 1,664 | - | 1,664 | |
| Orienteering | |||
| 157 | - | 157 | |
| ITG Saam | 249 | - | 249 |
| Normandy | |||
| 273 | - | 273 | |
| Assess Centre (P) | |||
| 45 | - | 45 | |
| Kohima Coy |
Page 13
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st January 2023
11. MOVEMENT IN FUNDS - continued
| Pirbright Station Welfare Fund Community Covenant TOTAL FUNDS |
3,318 12,329 2,374 20,028 21,011 334,161 |
- - - - 20,736 (5,431) |
3,318 12,329 2,374 20,028 |
|---|---|---|---|
| 41,747 | |||
| 328,730 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS |
Incoming Resources resources expended £ £ 70,858 (109,913) 67,490 (46,754) 138,348 (156,667) |
Gains and Movement losses in funds £ £ 12,888 (26,167) - 20,736 12,888 (5,431) |
|---|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st January 2023.
Page 14
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31st January 2023
| INCOME AND ENDOWMENTS Investment income Investment income Charitable activities Voluntary income Activities for generating funds Income resources from charitable activities Total incoming resources EXPENDITURE Charitable activities Wages Pensions Charitable activities Minibus costs Welfare including welfare house expenses Governance costs Presentations and prizes Investment management costs Grants and donations Other Shop costs Software licences Sundry expenses Fixtures and fittings Disposals at cost Support costs Governance costs Independent auditor's fees Insurance |
2023 £ 4,353 - 23,933 240,215 264,148 268,501 17,210 328 132,354 4,252 1,475 416 2,131 - 67,800 225,966 909 318 - 20,157 180 21,564 2,880 3,603 6,483 |
2022 £ 3,228 14,457 32,246 88,417 |
|---|---|---|
| 135,120 | ||
| 138,348 15,508 278 87,751 4,948 1,940 1,274 - 86 16,605 |
||
| 128,390 848 477 251 23,555 - |
||
| 25,131 - 3,146 |
||
| 3,146 |
This page does not form part of the statutory financial statements
Page 15
PRESIDENT OF THE REGIMENTAL INSTITUTE ARMY TRAINING CENTRE PIRBRIGHT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31st January 2023
| Total resources expended Net income/(expenditure) |
2023 £ 254,013 14,488 |
2022 £ 156,667 (18,319) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 16