## _**WARRANT OFFICERS’, SENIOR RATINGS’, AND SENIOR NON-COMMISSIONED OFFICERS’ MESS HMS SULTAN**_ **ANNUAL REPORT AND FINANCIAL STATEMENTS** ## **For Period** **1 April 2023 to 31 March 2024** **Registered Charity No. 1136778** ## **Trustees’ Annual Report and Comments** |Warrant Officers’, Senior Ratings’, and Senior Non-Commissioned Officers’ Mess|Warrant Officers’, Senior Ratings’, and Senior Non-Commissioned Officers’ Mess| |---|---| ||HMS SULTAN| |Charity Registered No:
|1136778| |Covering the Accounting Year: 1 April 2023 to 31 March 2024|| |Address:
|HMS SULTAN| ||Military Road| ||Gosport PO12 3BY| |Governing Document:|Constitution (Mess Rules)| |Object:|Promotion of the Military Efficiency and Operational| ||Effectiveness of the Armed Forces by the provision of| ||mess facilities to Warrant Officers, Senior Ratings and Senior| ||Non-Commissioned Officers serving in HMS Sultan.| |Trustee:|Captain J Deakin OBE Royal Navy (To 9 Jan 24).| ||Captain M Hamilton Royal Navy (From 10 Jan 24).| |Trustee selection method:|Appointed as such by the Naval Secretary.| |Bankers:|Lloyds TSB| ||High Street| ||Gosport| ||Hants| |Independent Examiner:|Marianne Butcher FMAAT| ||5 Nursery Road| ||Havant| ||Hants PO9 3BG| |Activities and Achievements:|To have resources available for expenditure on improvements| ||to the quality of life, and the engenderment of espirit de corps.| ||The mess put on a full social programme for its members.| ||Generous subsidies have been provided to functions mainly| ||from the profits made from the bar and other taxable activities.| |Financial Review:|The worth of the fund had fallen by £6.5K to £63.8K of which| ||£28.5K was represented by property and stock. Bank and cash| ||assets of £32.8K covered £13.4K in liabilities.| |Investment Selection Policy:|No investments were held.| |Financial Reserves Policy:|The Trustee has considered the level of reserves to retain,| ||appropriate to the charity’s needs. This is the £17K held in the| ||current account. The Trustee aims to ensure that the charity| ||will be able to fulfil its charitable objectives even if there is a| ||temporary shortfall in income and unexpected expenditure.| ||The Trustee will endeavour not to set aside funds| ||unnecessarily.| Grant Policy: Grants may be made to mess members to assist with the personal contributions to sporting, adventurous training, or other activities. Risk Assessment: The Trustee reviews the major risks to which the charity is exposed, and systems have been established to manage those risks and believes that by maintaining the free reserves stated it would provide sufficient resources in the event of adverse conditions. Half yearly independent examination of the accounts will mitigate the risk of any mismanagement by the mess committee. 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 mess facilities and social activities. This assistance enables Service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork, spirit and attitude, and morale. As a result, the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the Royal Navy’s and Royal Marines’ 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 when deciding what activities, the charity should undertake. Declaration: I declare, in my capacity of Charity Trustee, that I have approved the above report. Signature Signed On Original Name Captain M Hamilton Royal Navy Appointment Commanding Officer and Sole Managing Trustee Date 25 May 2024 ## **HMS SULTAN WOs, SRs & SNCOs MESS FUND** ## **BALANCE SHEET** ## **31-Mar-24** _31-Mar-23 Fixed Assets Note_ Property 7 £ 19,617.00 _£ 19,888.00 Current Assets_ Stocks 8 £ 8,913.12 _£ 9,955.00_ Mess Bills £ 9,342.82 _£ 20,595.54_ Misc Debtors & Prepayments 9 £ 6,539.44 _£ 4,614.85_ Cash & Floats £ 1,828.26 _£ 3,485.47_ Current Account £ 30,968.75 _£ 22,329.94_ £ 57,592.39 _£ 60,980.80 Liabilities_ Creditors 10 £ 13,422.88 _£ 10,573.17_ Net Current Assets £ 44,169.51 _£ 50,407.63_ Net Assets **£ 63,786.51** _£ 70,295.63_ Approved on 25 May 2024 Signed On Original Captain M Hamilton Royal Navy Sole Managing Trustee 1 SULTSR-BSMar24Z.xlsBALANCE SHEET ## **HMS SULTAN WOs, SRs & SNCOs MESS FUND** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **For year ended 31 Mar 24** |**Income**
_Notes_
Voluntary Income
Charitable Activities
Other Trading Activities
Total Income
3
**Expenditure**
Fund Raising
Charitable Activities
Total Expenditure
4
Net Expenditure
Total Funds Brought Forward
Total Funds Carried Forward|9,174.80
£
184,864.11
£
20,178.20
£
214,217.11
£
19,831.91
£
200,894.32
£
220,726.23
£
(6,509.12)
£
70,295.63
£
63,786.51
£|_Previous Year_
_10,365.34_
_£_
_185,170.52_
_£_
_13,987.85_
_£_| |---|---|---| |||_209,523.71_
_£_| |||_11,464.89_
_£_
_203,828.02_
_£_| |||_215,292.91_
_£_| |||_(5,769.20)_
_£_
_76,064.83_
_£_| |||_70,295.63_
_£_| 2 ## **HMS SULTAN WOs, SRs & SNCOs MESS** ## **NOTES TO THE ACCOUNTS** ## **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 Acts. ## Income a. Donations are included in the Statement of Financial Activities (SOFA) when the mess 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 mess 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 Mess to the expenditure. ## 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 Mess does not have a policy of revaluation. Depreciation is 50% initial then straight line and over the estimated life of the item, normally 25% annually. - b. Stocks are valued at the lower of cost or market value. ## **Note 2 - Investments** The mess has no investments |**Note 3 - Income**
_Voluntary Income_
RNRMC Grant - Garden Project
Heineken Donation
Donation
_Charitable Activities_
Mess Subscriptions
Associate/Civilian Subscriptions
Short Stay Charges
Family Cabin Income
Bar Sales
Portsmouth FC Tickets
Mess Socials
Mess Functions
_Other Trading Activities_
Private Functions
Private Function Levy
Miscellaneous
Total Income|-
£
_10,345.34_
_£_
4,024.80
£
_-_
_£_
5,150.00
£
_20.00_
_£_
9,174.80
£
10,365.34
£
53,006.46
£
_60,400.23_
_£_
5,501.08
£
_5,417.60_
_£_
8,379.24
£
_8,138.10_
_£_
530.00
£
_444.38_
_£_
91,480.41
£
_81,741.36_
_£_
-
£
_845.00_
_£_
177.83
£
_1,240.04_
_£_
25,789.09
£
_26,943.81_
_£_
184,864.11
£
_185,170.52_
_£_
19,831.91
£
_11,464.89_
_£_
345.92
£
_2,364.63_
_£_
0.37
£
_158.33_
_£_
20,178.20
£
_13,987.85_
_£_
214,217.11
£
_209,523.71_
_£_
_2022-23_
2023-24| |---|---| 3 ## **Note 4 - Expenditure** |_Raising Funds_
Private Functions
_Charitable Activities_
Garden Project (Grant Funded)
Trading Costs
Entertainment & Functions (from tickets)
Function Subsidies
Portsmouth FC Tickets
Bar Costs
Xmas Raffle Subsidy
Additional VAT on Subsidies
Family Cabins
Mess Running Costs
Grants Out
PRS/PPL
Mess Guests
Mess Socials
TV Video & Audio
Newspapers
Coffee
Insurance
Trophy Hire
Snooker
Flowers & Presentations
CAF Sports Contribution
Committee Meeting Costs
Committee Meeting Post Bar Drinks
Working Breakfast
Fish Tanks and Ponds
Dining Hall Extras
Repairs & Renewals
Mess Improvements
Garden Maintenance
Gizzits
Cleaning
Miscellaneous Expenses
Governance Costs
Account Examination
Support Costs
Postage, Printing & Stationery
BACS
Bank & Card Charges
Mess Bill Write Off
Depreciation & Disposal
Total Expenditure|19,831.91
£
_11,464.89_
_£_
-
£
_15,445.78_
_£_
25,789.09
£
_26,943.81_
_£_
20,085.21
£
_41,444.89_
_£_
-
£
_3,467.00_
_£_
91,104.68
£
_76,129.78_
_£_
197.37
£
_1,248.93_
_£_
2,310.41
£
_3,036.89_
_£_
1,282.95
£
_609.16_
_£_
400.00
£
_-_
_£_
1,029.88
£
_2,018.75_
_£_
1,026.52
£
_508.74_
_£_
4,998.10
£
_1,248.08_
_£_
6,675.55
£
_6,327.87_
_£_
-
£
_1,458.50_
_£_
9,110.36
£
_8,394.94_
_£_
2,070.79
£
_2,336.93_
_£_
85.50
£
_85.50_
_£_
-
£
_80.00_
_£_
868.67
£
_1,222.50_
_£_
1,730.00
£
_1,200.00_
_£_
2,883.58
£
_472.50_
_£_
-
£
_-_
_£_
12.40
£
_42.02_
_£_
49.49
£
_138.95_
_£_
1,055.65
£
_95.10_
_£_
933.96
£
_806.33_
_£_
738.95
£
_-_
_£_
1,621.88
£
_-_
_£_
356.23
£
_-_
_£_
150.00
£
_120.00_
_£_
24.57
£
_12.73_
_£_
1,270.00
£
_1,240.00_
_£_
39.34
£
_227.99_
_£_
1,123.63
£
_1,417.47_
_£_
4,363.22
£
_2,108.43_
_£_
15,114.88
£
_2,059.24_
_£_
2,391.46
£
_1,879.21_
_£_
200,894.32
£
_203,828.02_
_£_
220,726.23
£
_215,292.91_
_£_
_2022-23_
2023-24|19,831.91
£
_11,464.89_
_£_
-
£
_15,445.78_
_£_
25,789.09
£
_26,943.81_
_£_
20,085.21
£
_41,444.89_
_£_
-
£
_3,467.00_
_£_
91,104.68
£
_76,129.78_
_£_
197.37
£
_1,248.93_
_£_
2,310.41
£
_3,036.89_
_£_
1,282.95
£
_609.16_
_£_
400.00
£
_-_
_£_
1,029.88
£
_2,018.75_
_£_
1,026.52
£
_508.74_
_£_
4,998.10
£
_1,248.08_
_£_
6,675.55
£
_6,327.87_
_£_
-
£
_1,458.50_
_£_
9,110.36
£
_8,394.94_
_£_
2,070.79
£
_2,336.93_
_£_
85.50
£
_85.50_
_£_
-
£
_80.00_
_£_
868.67
£
_1,222.50_
_£_
1,730.00
£
_1,200.00_
_£_
2,883.58
£
_472.50_
_£_
-
£
_-_
_£_
12.40
£
_42.02_
_£_
49.49
£
_138.95_
_£_
1,055.65
£
_95.10_
_£_
933.96
£
_806.33_
_£_
738.95
£
_-_
_£_
1,621.88
£
_-_
_£_
356.23
£
_-_
_£_
150.00
£
_120.00_
_£_
24.57
£
_12.73_
_£_
1,270.00
£
_1,240.00_
_£_
39.34
£
_227.99_
_£_
1,123.63
£
_1,417.47_
_£_
4,363.22
£
_2,108.43_
_£_
15,114.88
£
_2,059.24_
_£_
2,391.46
£
_1,879.21_
_£_
200,894.32
£
_203,828.02_
_£_
220,726.23
£
_215,292.91_
_£_
_2022-23_
2023-24| |---|---|---| |||_215,292.91_
_£_| ## **Note 5 - Paid Employees** There were no employees paid by the fund. 4 SULTSR-BSMar24Z.xlsSOFAE ## **Note 6 -Trustees and Other Related Parties** - a. No expenses or emoluments have been paid to the Sole Managing Trustee - b. There are currently no related party transactions. - c. There are no amounts due to or from the Sole Managing Trustee ## **Note 7 - Tangible Fixed Assets - Property Account - Fixtures & Fittings** |Property Valuation as at 1 Apr 23
Additions
Depreciation
Property Valuation at 31 Mar 24
**Note 8 - Stocks**
Bar|19,888.00
£
2,120.46
£
(2,391.46)
£| |---|---| ||19,617.00
£| ||8,913.12
£| ||8,913.12
£| ## **Note 9 - Miscellaneous Debtors and Prepayments** |**Note 9 - Miscellaneous Debtors and Prepayments**|| |---|---| |HMRC - VAT
Bar Sales in Hand
PAYD
Dry Cleaning
Performing Rights Licence Prepaid
TV Licence Prepaid
Trophy Hire Prepaid
Insurance Prepaid|2,030.32
£
1,941.91
£
44.69
£
204.06
£
1,364.46
£
66.00
£
43.00
£
845.00
£| ||6,539.44
£| ## **Note 10 - Creditors falling due within one year** |Bar Purchases
ESS
Additional VAT on Function Subsidies
Private Function
Blind Vet Party
Mess Charity
Meat Raffle
Christmas Raffle 24
Quiz
Account Examination|5,032.80
£
1,700.18
£
2,310.41
£
400.00
£
864.47
£
503.07
£
1,785.59
£
158.00
£
28.36
£
640.00
£| |---|---| ||13,422.88
£| ## **Note 11 -** There are no restricted or designated funds. ## **Note 12 - Other Information** - a. The fund does not have any material commitments not provided for in the accounts - b. The fund has not given any guarantees to any third party that could be called on at the year end. c. The fund has not granted any loans. - d. The fund did not make any ex gratia payments during the year. 5 ## **Declarations** - a. The Trustee has not changed the year end date nor the length of the financial year. - b. All the fund's operations are continuing operations and there were no operations discontinued or acquired during the year - c. The fund has no marketable intangible assets - d. There were no interfund loans outstanding at the balance sheet date. - e. None of the funds functional assets have been revalued during the year and the fund does not have a policy of revaluation of these assets. f. The fund has no material fixed assets which have not been capitalised and included in the Balance Sheet. ## **Bar Trading Account** |Sales
Sales at Cost
Total Cost of Sales
**Gross Profit**
Gross Profit to Sales (excl at cost)
Gross Profit to All Sales
Gross Profit to Cost of Sales (ie av mark up)
Bar Expenses:
Ullage & Pipe Cleaning
Bar Smart Lines
Bar Training
Bar Sundries & Epos Tills
**Total Bar Expenses**
**Net Profit**|10.3%
9.6%
10.6%
2,234.48
£
2.7%
1,210.00
£
-
£
4,950.75
£
0%
Year to 31|85,018.91
£
_72,842.37_
_£_
6,461.50
£
_8,898.99_
_£_
91,480.41
£
_81,741.36_
_£_
82,709.45
£
_70,359.86_
_£_
8,770.96
£
_11,381.50_
_£_
_15.6%_
_13.9%_
_16.2%_
_1,017.15_
_£_
1.4%
_-_
_£_
_360.00_
_£_
_4,424.03_
_£_
8,395.23
£
_5,801.18_
_£_
**375.73**
**£**
_7%_
**_5,580.32_**
**_£_**
_Year to 31 Mar 23_
Mar 24| |---|---|---| 6 SULTSR-BSMar24Z.xlsBar ## **Independent Examiner’s Report to the Trustee of the Warrant Officers’, Senior Ratings’, and Senior Non-Commissioned Officers’ Mess HMS Sultan. Registered Charity No. 1136778** I report to the trustees on my examination of the accounts of the WOSR&SNCO Mess HMS Sultan Trust (the Trust) for the year ended 31 March 2024. ## **Respective responsibilities of trustees and examiner** As the charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination; I confirm that no material matters have come to my attention which gives me cause to believe that in any material respect: - The accounting records were not kept in accordance with section 130 of the Charities Act; or - The accounts did not accord with the accounting records; or - The accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than in any requirement that the accounts give a “true and fair” view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Signed On Original M L Butcher FMAAT 5 Nursery Road Havant Hants PO9 3BG 25 May 2024