2021-10-31-accounts - Warrant Officer And Senior Rates Mess Hms Raleigh

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HMS RALEIGH

WARRANT OFFICERS' AND SENIOR RATINGS' MESS

Registered Charity No 1137449

BALANCE SHEET 31-Oct-21

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Note
ASSETS
31-Oct-20
Fixed Assets
Mess Property 7 £ 25,739.00 £ 8,476.66
Current Assets
Bar Stocks at Cost: £ 4,800.00 £ 9,000.00
Misc Debtors & Prepayments 8 £ 6,172.00 £ 1,129.12
Deposit Account £ 6,970.72 £ 6,969.89
Bank Accounts £ 96,596.00 £ 44,057.01
Cash & Floats £ 200.00 £ 556.96
Total Current Assets £ 114,738.72 £ 140,477.72 £ 61,712.98
LIABILITIES
Creditors due within one year 9 £ 52,227.79 £ 2,777.54
Current Liabilities £ 52,227.79 £ 2,777.54
Net Current Assets £ 62,510.93 £ 58,935.44
Net Assets £ 88,249.93 £ 67,412.10
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Approved on 22 January 2022

Signed on Original

Captain S Nielsen OBE Royal Navy Sole Managing Trustee

RAL-SR21BSZBALANCE SHEET

HMS RALEIGH WARRANT OFFICERS' AND SENIOR RATINGS' MESS

STATEMENT OF FINANCIAL ACTIVITIES

For year to 31 October 2021

Note Income Voluntary Income Charitable Actvities Investment Income Other income Total Income 3 Expenditure Fundraising Charitable Activities Total Expenditure 4 Net Income/(Expenditure) Total Funds Brought Forward Total Funds Carried Forward	2021 59,671.56 £ 56,626.63 £ 0.83 £ - £ 116,299.02 £ - £ 95,461.19 £ 95,461.19 £ 20,837.83 £ 67,412.10 £ 88,249.93 £	2020 12,000.00 £ 69,177.67 £ 24.71 £ 1,549.16 £
		82,751.54 £
		1,701.45 £ 56,436.75 £
		58,138.20 £
		24,613.34 £ 42,798.76 £
		67,412.10 £

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HMS RALEIGH WARRANT OFFICERS' AND SENIOR RATINGS' MESS

Notes to the Accounts dated 31 Oct 21

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 effective 2019 and the provisions of the Charities Act 2011. Significant policies adopted are:

Incoming resources

a. Donations are included in the Statement of Financial Activities (SOFA) when the fund 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 fund receives no unpaid volunteer help.
e. Interest 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 fund to the expenditure.

Assets

a. Paintings, furniture, works of art, silver and books were valued in 2012 & 2013.

b. Depreciating fixed assets are capitalised if they can be used for more than one year and cost at least £100. They are valued at cost or a reasonable value on receipt. Depreciation is straight line over the estmated life of the item. Depreciation is not allocated to activity costs as the use is varied.

c. Stocks are valued at the lower of cost or market value.

Note 2 - Investments

None are held

Note 3 - Income

Voluntary income Raleigh Enterprises Bar Refurb Grant Charitable Activities Mess Subs Bar Sales Bar Sales at Cost - Functions Function Income Christmas Raffle Investment Income Interest Other income Private Function Income Total Income	7,900.00 £ 51,771.56 £	12,000.00 £ - £ 59,671.56 £ 12,000.00 £ 31,828.00 £ 15,566.73 £ 2,728.02 £ 17,795.92 £ 1,259.00 £ 56,626.63 £ 69,177.67 £ 0.83 £ 24.71 £ - £ 1,549.16 £ 116,299.02 £ 82,751.54 £ 2020 2021

	32,995.88 £ 23,220.75 £ - £ 410.00 £ - £

Note 4 Expenditure

Raising Funds Private Function expenses Charitable Activities Trading Function expenses from tickets Functions expenses from subsidy Bar Expenses Christmas Raffle Running Costs Refurbishment Repairs & Renewals/Maintenance Garden Insurance Trophy Hire Newspapers Coffee Leaving Gifts/Flowers Meat Raffle Food Meat Raffle Write Off Media Performing Rights WiFi Small Eats Governance Costs Examination of Accounts Support Expenses Bank Charges Paxton Support Depreciation Total Expenditure	410.00 £ 1,163.18 £ 18,153.37 £ - £ 49,341.15 £ 703.96 £ 7,090.00 £ 779.12 £ 154.71 £ 422.00 £ 2,750.81 £ 856.32 £ - £ - £ 2,056.83 £ 67.01 £ 1,164.00 £ 307.80 £ 850.00 £ 806.67 £ 319.00 £ 8,065.26 £	- £ 1,701.45 £ 17,795.92 £ 4,060.83 £ 17,087.09 £ 2,387.96 £ - £ 55.91 £ 58.49 £ 779.12 £ 28.27 £ 913.50 £ 3,213.66 £ 1,948.20 £ 1,457.21 £ 300.00 £ 1,468.54 £ 548.00 £ 1,200.00 £ - £ 850.00 £ 430.08 £ - £ 1,853.97 £ 95,461.19 £ 56,436.75 £ 95,461.19 £ 58,138.20 £ 2021 2020

Note 5 - Paid Employees

a. The wage bill is Nil.
b. There are no full time employees. The Accountant who administers the fund is not paid by the fund. c. Employer's National Insurance costs were nil

Note 6 -Trustees and Other Related Parties

a. No expenses or emoluments have been paid to the sole Managing Trustee
b. There are no amounts due to or from the sole Managing Trustee

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Note 7 - Tangible Fixed Assets - Property Account

As at 1 Nov 20 Additions Depreciation As at 31 Oct 21	8,476.66 £ 25,327.60 £ (8,065.26) £
	25,739.00 £

Property includes paintings, pictures and rum barrel with a total value of £4492 that are part of this total but are not subject to depreciation.

Note 8 - Miscellaneous Debtors

Mess Subscriptions in Hand Bar Sales in Hand Christmas Ball Paxton Support prepaid Trophy Hire prepaid	101.00 £ 884.00 £ 4,946.00 £ 191.00 £ 50.00 £
	6,172.00 £

Note 9 - Creditors

Chatham Chest refurbishment Garden Accounts Examination MOD Accommodation Repairs BT TV Oct Christmas Ball World Pay Charges Charity Chest	43,701.15 £ 1,350.00 £ 850.00 £ 1,309.34 £ 35.96 £ 133.91 £ 4,330.00 £ 96.00 £ 421.43 £
	52,227.79 £

Note 10 - Endowment or Restricted Income Funds

There are none

Note 11 - 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.

Declarations

a. The Trustee has not changed thelength of the accounting year or year end date
b. All the fund's operations are continuing operations and there were no discontinued operations.
c. No funds are in deficit.
d. The fund has no marketable intangible assets
e. There were no interfund loans outstanding at the balance sheet date.
f. 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.
g. The fund has no material fixed assets which have not been capitalised and included in the Balance Sheet.

HMS RALEIGH WARRANT OFFICERS' AND SENIOR RATINGS' MESS

Bar Trading for 12 months to 31 Oct 21

Sales Sales at Cost (Functions) Opening Stock (incl shop) Add Purchases Less Closing Stock Total Cost of Sales Gross Profit Gross Profit/Sales Gross Profit/Cost of Sales (i.e average mark up) Spillage/Pipe cleaning Net Profit	9,000.00 £ 13,953.37 £ (4,800.00) £ 21.8% 27.9%	23,220.75 £ - £ 23,220.75 £ 9,000.00 £ 13,994.02 £ (9,000.00) £ 18,153.37 £ 5,067.38 £ 27.6% 30.7% - £ 0.0% 5,067.38 £ 21.8% 12 months	15,566.73 £ 2,728.02 £ 18,294.75 £ 13,994.02 £ 4,300.73 £ - £ 0% 4,300.73 £ 23.5% to 31 Oct 20