## **HMS RALEIGH** ## **WARRANT OFFICERS' AND SENIOR RATINGS' MESS** ## **Registered Charity No 1137449** **BALANCE SHEET 31-Oct-21** **----- Start of picture text -----**
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
**----- End of picture text -----**
Approved on 22 January 2022 ## Signed on Original Captain S Nielsen OBE Royal Navy Sole Managing Trustee 1 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_
_£_| 2 RAL-SR21BSZSOFAsum ## **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
£
-
£|| |||| 3 ## **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 4 RAL-SR21BSZSOFAE ## **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. 5 ## **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_| |---|---|---|---| 6