OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

THE SOLDIERS. CHARITY The Army's National Charity ANNUALAIi_ji REPORT &- CONSOLIDAT FINANCIAL - STATEMENTS 2021-22 AND YOU SUPPG: . THE WHOLE ARMY FA trr li

ANNUAL REPORT & FIN EN 1-22117 11 r 111 HOW WE HELPED DENZIL When Argentlna invaded the FoLkLand IsLonds, Denzil, then oged 25, was o Lance CorporoL in the Anti-Tank Plotoon, 3rd Battolion, The Porachute Regiment. the only su¢h te¢hnology ov¢iloble in the UK. BASIC'S ploneering rehabiLitation treatments reduce veterans. PTSD and tmumo symptoms, assisting with their ongoing physical fecovery. The computer assisted rehabiLitalion environment ICARENI virtual reolity sysiem helps veterons speed up their recovery ond reduce the Impoct of Injury. During the Bottle of Mount Longdon, he came under mortur fire ond suffered serious injuries. losing his Left leg. In recent years, his steep and uneven driveway was preventing him from leaving his house. We helped lund essenisol resurfacing work, so Denzil enjoy life with much 9reoter independence and freedom. One veteran who received help from BASIC said,-The first day l arrived and spoke to Ttsro wo$ ihe first day that l ¢ould breathe- suddenly someone understo¢>d. Before thut. t wos hospltois, speciaLists knowlng OLL about the effects of traumatic broin injury - but now, finally, someone knew the impoct on a personoL level and the impact on my family." In the past two years IFY20-21 and FY21-221. we have Spent almost £240,000 supporting vetertins who served In this ¢onfii¢t, their immediute fomilies. both vi¢ 9runts to ndlvlduoLs and gronts to 18 other choritles including the Army Widows. Association, The Poppy Factory, Walking With The Wounded. RoyrJL British Legion Industries, Defence Medical Welfare Service. Not Forgotten Assts¢iution. Folklond$ Veterons Foundotion. SSAFA ond the South Atlontlc Medol Association 82 ISAMA 821. We ore proud to lund BASIC'S spe¢iuli$t setvlces. which ore not aLwoys ovaiLabLe on the NHS.

Unrestncted Unrestncted Funds Restncted
General Designated Funds
(note 18) (note 19) (note 20) Total 2022 Total 2021
NOTES K'000 S'000 S'000 S'000 E'000
Income from:
Donations and legacies
The public
Donations
and Appeals		 Income 2,815 2,815 3,148
Legacies 3,202 3,202 4,175
6,017 6,017 7,323
Army personnel
From individuals
in		 Army Units 108 108 107
Regimental
and Corps Benevolent		 Funds 1,059 1,059 964
Army Dependants Trust 831 831 929
1,998 1,998 2,000
Investments 337 33 177 547 1,385
Other trading activities 2,456 2,456 952
Government
grants		 139 139 188
Total Income 10,947 33 177 11,157 11,848
Expenditure
on:
Raising funds
Fundraising
trading		 2,644 2,644 1,760
Other costs of raising funds 2,316 2,316 2,278
4,960 4,960 4,038
Charitable
activities
Grants to Regiments
and		 Corps for the
benefit of individuals 2,733 24 81 2,838 2,632
Grants to other chanties 2,028 1,009 396 3,433 3,544
4,761 1,033 477 6,271 6,176
Grant making
and		 other support costs 2,117 20 19 2,156 2,094
6,878 1,053 496 8,427 8,270
Total expenditure 11,838 1,053 496 13,387 12,308
Net (expenditure) before net gains
on investments (891) (1,020) (319) (2,230) (460)
Net gains on investments 13 8,172 300 8,472 16,465
Net income/(expenditure) for the gear 7,281 (1,020) (19) 6,242 16,005
Transfer between funds 18,19 32,200 (32,200)
Net interest
in the		 results for the gear in
associates 14 (1) (1) (25)
Net movement
in		 funds 39,480 (33,220) (19) 6,241 15,980
Funds balances at 1April 32,147 53,832 7,911 93,890 77,910
Funds balances at 31March 71,627 20,612 7,892 100,131 93,890

Unrestncted Unrestncted Funds Restncted
General Designated Funds
(note 18) (note 19) (note 20) Total 2022 Total 2021
NOTES K'OOO S'OOO S'OOO S'OOO E'OOO
Income from:
Donations and legacies
The public
Donations
and Appeals		 Income 2,815 2,815 3,148
Legacies 3,202 3,202 4,175
6,017 6,017 7,323
Army personnel
From individuals
in		 Army Units 108 108 107
Regimental
and Corps Benevolent		 Funds 1,059 1,059 964
Army Dependants Trust 831 831 929
1,998 1,998 2,000
Investments 337 33 177 547 1,385
Other trading activities 2,384 2,384 874
Government
grants		 139 139 188
Total Income 10,875 33 177 11,085 11,770
Expenditure
on:
Raising funds
Fundraising
trading		 2,564 2,564 1,684
Other costs of raising funds 2,316 2,316 2,278
4,880 4,880 3,962
Charitable
activities
Grants to Regiments
and		 Corps for the
benefit of individuals 2,733 24 81 2,838 2,632
Grants to other chanties 2,028 1,009 396 3,433 3,544
4,761 1,033 477 6,271 6,176
Grant making
and		 other support costs 2,112 20 19 2,151 2,088
6,873 1,053 496 8,422 8,264
Total expenditure 11,753 1,053 496 13,302 12,226
Net (expenditure) before net gains
on investments (878) (1,020) (319) (2,217) (456)
Net gains on investments 13 8,172 300 8,472 16,464
Net income/(expenditure) for the gear 7,294 (1,020) (19) 6,255 16,008
Transfer between funds 18,19 32,200 (32,200)
Net interest
in the		 results for the gear in
associates 14 (1) (I) (25)
Net movement
in		 funds 39,493 (33,220) (19) 6,254 15,983
Funds balances at 1April 32,108 53,832 7,911 93,851 77,868
Funds balances at 31March 71,601 20,612 7,892 100,105 93,851
GROUP CHARITY
2022 2021 2022 2021
NOTES 6'OOO 6'OOO S'OOO E'OOO
Fixed assets
Tangible assets 12 89 89
Investments 13 87,320 82,766 87,320 82,766
Associate undertaking 14 12 12 12 12
87,421 82,889 87,421 82,889
Current assets
Stocks 5
Other debtors 15 5,140 4,179 5,133 4,173
Cash at bank and in hand 8,908 10,109 8,883 10,066
14,053 14,288 14,016 14,239
Creditors amounts falling due within one year (1,343) (3,287) (1,332) (3,277)
Net current assets 12,710 11,001 12,684 10,962
Net assets 17 100,131 93,890 100,105 93,851
Represented bLF
Income funds
Restncted
funds		 20 7,892 7,911 7,892 7,911
Unrestricted
funds
Designated
funds		 19 20,612 53,832 20,612 53,832
General funds 71,627 32,147 71,601 32,108
Tota(Funds 100,131 93,890 100,105 93,851

2022 2021
'E'000 E'000
Cash flows from operating
activities:
Net cash (used in) operating
activities		 (3,647) (656)
Cash flows from investing
activities:
Dividends,
interest and		 rents from investments 547 1,385
Purchase of equipment (19) (7)
Proceeds from the sale of investments 4,000 51,975
Purchase of investments (82) (47,693)
Net cash provided
by investing
activities		 4,446 5,660
Cash flows from financing
activities:
Repayments
of borrowing		 (2,000)
Cash inflows from new borrowing 2,000
Net cash provided
by		 financing
activities		 (2,000) 2,000
Change
in cash in the		 reporting
period		 (1,201) 7,004
Cash at the beginning ofthe reporting period 10,109 3,105
Cash at the end ofthe reporting
period		 8,908 10,109
Reconciliation ofnet income/(expenditure) to net cash flow from operating activities
2022 2021
E'000 E'000
Net income/ (expenditure)
for the reporting		 period
(as per the statement offinancial activities) 6,242 16,005
Adjustments
for:
Depreciation
charges		 42 41
(Gains) on investments (8,473) (16,464)
Increase
in stocks		 (5)
(Increase)/ Decrease
in		 debtors (962) 908
Increase
in creditors		 56 239
Dwidends,
interest and		 rents from investments (547) (1,385)
Net cash used in operating
activities		 (3,647) (656)

2022 2021
E'000 E'000
Cashin hand 4,901 5,104
Notice deposits (less than 3 months) 4,007 5,005
Totalcash 8,908 10,109

Analys is ofcha nges in ne t debt
At 1 April 2021 Cash flows At 31March 2011
E'000 E'000 E'000
Cash 5,104 (203) 4,901
Notice deposits (less than 3 months) 5,005 (998) 4,007
10,109 (1,201) 8,908
Loan (2,000) 2,000
8,109 799 8,908

2022 2021
4'OOO E'OOO
Turnover 111 120
Cost ofSales (72) (66)
Gioss Pie(it. 39 54
Administrative expenses (13) (15)
Profit on ordinarg activities 39
Tax on profit
Profit after tax and for the fina naal year 39
Opening
retained		 earnings 39 43
Payment
to parent chanty		 under Gift Aid (39) (43)
Closing retained earnings 39

3. INVE STMENT
INCOME —GR		 OUP AND CHARITY OUP AND CHARITY
Unrestricted Funds Restncted
General Designated Funds Total 2022 Total 2021
4'000 4'000 4'000 4'000 4'000
Dividends and Distnbutions 177 177 1,018
Bank interest 58 33 66
58 33 177 268 1,084
Rental Income 279 279 301
Total 337 33 177 547 1,385

2022 2021
4'000 4'000
Government furlough scheme 123 163
Government Business Interruption payment on CBILS 25
Total 139 188

OROUP CHARITY
2022 2021 2022 2021
4'000 4'000 Fs'000 4'000
Fundraising trading costs 1,503 679 1,423 603
Central and administrative costs 782 718 782 718
Regional office costs 359 363 359 363
Total 2,644 1,760 2,564 1,684

2022 2021
S'000 E'000
Other Costs of raising funds 990 954
Advertisements and promotion 415 424
Central and administrative costs 254 234
Regional office costs 657
Total 2,316 2,278

2022 2021
S'000 4'000
ORANTS FROM OENERAL FVNDSt
ELDERLY
Age In Spain 20 20
Broughton
House		 90 80
Care for Veterans (Queen Alexandra Hospital Home) 71 60
Erskine Hospital 150 150
Royal Cambridge Home 19
Royal Commonwealth Ex-Services League 200 204
Royal Hospital Chelsea 40 40
Royal Star & Garter Home 70 50
660 604

2022 2021
O'OOO O'OOO
ORILNTS FROM OENERAL FUNDS (CONTINUED)t
EMPLOYMENT AND TRAINING
Buildforce 10
Finchale Training College 30
Future Terrain 10
Highground 10
Mission Motorsport
On Course Foundation
Regular Forces Employment Association (RFEA) 120 67
Resume Foundation 15
Step Together Volunteenng (Worldwide Volunteering) 30
The Open University 20
The Poppy Factory 25 20
Walking
with the Wounded
X-Forces 18 20
284 133
FAMILY
Army Families Federation 40 30
Army Widows' Association 15
COBSEO, The Confederation ofService Chanties 27 25
Hong Kong LEP Trust
Ickneild Trust
Little Troopers/
My Daddy		 is a Soldier Adventures 15
Lord Kitchener
Memorial		 Holiday Centre 10
NSPCC 20
Reading Force 15 10
Re-Vita lise 30
Royal Caledonian
Educational		 Trust 20
Scotty's Little Soldiers 10
SSAFA Central Office 135 70
SSAFA CMS Costs 28 83
Veterans Scotland 15 15
YMCA Brunel Group (Little Ducklings)
380 272

2022 2021
S'OOO 8'OOO
GRILNTS FROM GENERILL FUNDS (CONTINUED)t
HOUSING
Alabare
Christian
Care &Support		 20
Armed Forces &Veterans Launchpad 18 23
Changing
Lives (Thirteen Care		 and Support (Norcare)) 20 20
Our Enterpnse
(Our Wilton)
Royal British Legion Industries 80 226
Stall 24 25
147 314
WELLEEING
BASIC (Brain and Spinal iniury Centre) 13
Combat Stress 70 126
Deafblind
UK
Defence Medical Welfare Service 150 45
Fares 4 Free
Glen Art/Bravehound 10
Help 4 Homeless
Veterans		 15
Home Farm Trust 15
Icarus 10
Improving
Lives Plgmouth		 10
Parachute
Regiment 40th		 Falklands 10
Phyllis Tuckwell Hospice
Poppg Scotland 20 30
Rock2Recovery 25
Service Dogs UK 20
Spinal Iniuries Association 30 30
Tedworth
Equestnan		 23
Taxi Charity for Military Veterans 10
The Matthew
Proiect		 10
The Not Forgotten Assoaation 35 30
The Warnor Programme 20
Thistle Health and Wellbeing 15
University
Hospitals
Birmingham		 (Fisher House)
Veterans
Outdoors		 10
Vine Drop-In Centre
Walking
with The Wounded		 10
War Widows Association
Waterloo Uncovered
We Are With You (formerly Addaction) 25 30
557 349
Total Grants from General Funds 2,028 1,672

2022 2021
O'OOO E'OOO
GRILNTS FROM DESIGNILTED FUNDS:
EMPLOYMENT EDUCATION AND TRAINING
Buildforce
Highground 10
Mission Motorsport
Regular Forces Employment Association (RFEA) 50 100
The Poppy Factory 15 10
Walking
With The Wounded
X-Forces
85 127
FAMILY
Army Families Federation 10
Army Widows' Association 10 10
AWS —LIBOR Supporting Army Famines 452 491
National
Gulf Veterans
&		 Families Association
Royal Caledonian
Educational		 Trust
Scotty's Little Soldiers
SSAFA Central Office 65 140
SSAFA CMS Costs 50
582
HOUSING
Armed Forces &Veterans Launchpad 10
Our Enterpnse
(Our Wilton)		 10
Royal British Legion Industries 50
Stoll 10
30 55

2022 2021
S'OOO E'OOO
GRANTS FROM DESIGNATED FUNDS ICONTINUEDI:
WELLEEING
BASIC (Brain and Spinal Injury Centre)
Combat Stress 150 100
Defence Medical Welfare Service (including LIBOR) 40 594
Fares 4 Free
Glen Art/ Bravehound
Icarus 10
Poppg Scotland 30 20
Tedworth
Equestnan		 10
The Matthew
Project
The Not Forgotten Assoaation 10
The Warnor Programme 20
University
Hospitals
Birmingham		 (Fisher House)
Walking
With The Wounded
We Are With You (formerly Addaction) 15
302 729
Total Grants from Designated Funds 1,009 1,576
GRANTS FROM RESTRICTED FUNDS:
EMPLOYMENT EDUCATION AND TRAINING
Mission Motorsport
On Course Foundation
Regular Forces Employment Association (RFEA) 100 100
The Poppy Factory 35 30
Walking
With The Wounded
X-Forces 20
164 143
FAMILY
Army Widows' Assoaation
National
Gulf Veterans
and		 Families Assoaation 38 25
South Atlantic medal Assoaation 1982 20
SSAFA Central Office 30 20
88 49

2022 2021
O'OOO S'OOO
GRANTS FROM RESTRICTED FUNDS (CONTINUEDI:
WELLEEING
BASIC (Brain and Spinal iniury Centre)
Combat Stress 30 24
Defence Medical Welfare Service 10 20
Desert Rats Assoaation
Falklands
Veterans Association		 10
Fares 4 Free
PoppyScotland 15
The Not Forgotten Association 20
Thistle Health
&Wellbeing
Walking
With The Wounded
The Warnor Programme 10
99 79
HOUSING
Armed Forces &Veterans
Launchpad		 10
Our enterpnse
(Our Wilton)
Royal British Legion Industries 20 25
Stoll 10
45 25
Total Grants from Restricted Funds 396 296
Grants from General Funds 2,028 1,672
Grants from Designated
Funds		 1,009 1,576
Grants from Restricted
Funds		 396 296
3,433 3,544

OROUP CHARITY
2022 2021 2022 2021
S'000 S'000 S'000 S'000
Central and administrative costs 1,090 1,002 1,090 1,002
Auditors: Audit fees 36 36 31 30
Trustee expenses
Regional Office costs 179 182 179 182
Advertisement and promotion 223 228 223 228
Support costs 552 570 552 570
Other costs 74 74 74 74
Total 2,156 2,094 2,151 2,088

2022 2021
S'000 S'000
TOTAL STAFF COSTS COMPRISED:
Wages and salaries 3,111 3,314
Social secunty costs 295 312
Pensions contnbutions 154 165
3,560 3,791
2022 2021
No. No.
660,001 — 670,000
%70,001 — 680,000
580,001 - 590,000
690,001 - 6100,000
%110,001 - 6120,000
5140,001 - EI50,000

Leasehold Office furniture, Office furniture,
Improvements fittings 5 equipment Total Total
2022 2021 2022 2021 2022 2021
3'000 5'000 5'000 5'000 3'000 5'000
Cost:
At 1 Apnl 134 134 297 290 431 424
Additions during the year 20 20
Disposals during the year 0) (1)
At 31March 134 134 316 297 450 431
Depreciation:
At 1 Apnl 62 35 258 244 320 279
Charge for the year 27 27 15 14 42 41
Disposals for the year (1) 0)
At 31March 89 62 272 258 361 320
Net book value at 31March 45 72 44 39 89 111

Unrestricted Funds Restricted
General
Designated		 Funds Total
E'000 E'000 E'000 E'000
Market value 1April 2021 77,652 5,114 82,766
Purchase of investments 82 82
Sale of investments (4,000) (4,000)
Net gains on investments 8,172 300 8,472
Market value 31March 2022 $1,906 5,414 87,320
Cost
At 31 March 2022 60,346 2,269 62,615
At 31 March 2021 63,384 2,269 65,653
Unrestricted Funds Restricted
General Designated Funds Total
E'000 E'000 E'000 E'000
BLACKROCK - ARMED FORCES CHARITIES
GROWTH AND INCOME FUND
Income units 5,414 5,414
Accumulation units 42,417 42,417
CCLA —COIF
Accumulation units 39,489 39,489
Market value 31March 2022 81,906 5,414 87,320

OROUP CHARITY
2022 2021 2022 2021
6'000 6'000 6'000 6'000
Prepayments and accrued income 5,041 4,121 5,027 4,109
Other debtors 99 58 99 58
Due from subsidiary
Total 5,140 4,179 5,133 4,173

OROUP CHARITY
2022 2021 2022 2021
6'000 6'000 6'000 6'000
Deferred income
At 1 April 859 696 859 696
Ansing
dunng the year		 1,730 1,361 1,731 1,361
Released
dunng the year		 (1,736) (1,198) (1,736) (1,198)
At 31 March 853 859 854 859
Trade creditors 129 133 125 131
Accrued expenses 341 268 326 255
Other creditors 20 27 27 32
Coronavirus
Business Interruption		 Loan Scheme (CBILS) 2,000 2,000
Total 1,343 3,287 1,332 3,277

Tangible Investments Net
Fixed Assets and Associates Current Assets Group
2022 2022 2022 Total
6'000 6'000 6'000 6'000
GROUP:
GeneralFunds 89 81,919 (10,381) 71,627
Designated Funds
Afghanistan Fund 6,365 6,365
Current Operations Fund 2,247 2,247
Relocation Fund 12,000 12,000
20,612 20,612
Restricted Funds
Commandos Benevolent 254 254
DEFLOG VQ Trust 1,427 1,427
Falklands Fund 3,624 133 3,757
George Purse Trust Fund 1,789 443 2,232
Gulf Fund 222 222
5,413 2,479 7,892
89 87,332 12,710 100,131
Tangible Investments Net
Fixed Assets and Associates Current Assets Group
2021 2021 2021 Total
6'000 6'000 6'000 6'000
GROUP:
GeneralFunds 77,664 (13,428) 64,347
Designated Funds
Afghanistan Fund 6,791 6,791
Current Operations Fund 2,389 2,389
LIBOR Fund 452 452
Relocation Fund 12,000 12,000
21,632 21,632
Restricted Funds
Commandos Benevolent 254 254
DEFLOG VQ Trust 1,647 1,647
Falklands Fund 3,424 177 3,601
George Purse Trust Fund 1,690 396 2,086
Gulf Fund 323 323
5,114 2,797 7,911
82,778 11,001 93,890

Tangible Investments Net
Fixed Assets and Associates Current Assets Charitg
2022 2022 2022 Total
8'000 8'000 8'000 6'000
CHARITY:
OeneralFunds 89 81,919 (10,407) 71,601
Designated Funds
Afghanistan Fund 6,365 6,365
Current Operations Fund 2,247 2,247
Relocation Fund 12,000 12,000
20,612 20,612
Restricted Funds
Commandos Benevolent 254 254
DEFLOG VQ Trust 1,427 1,427
Falklands Fund 3,624 133 3,757
George Purse Trust Fund 1,789 433 2,232
Gulf Fund 222 222
5,413 2,479 7,892
89 87,332 12,684 100105
Tangible Investments Net
Fixed Assets and Associates Current Assets Charitg
2021 2021 2021 Total
K'000 8'000 6'000 6'000
CHARITY:
OeneralFunds 77,664 (13,467) 64,308
Designated Funds
Afghanistan Fund 6,791 6,791
Current Operations Fund 2,389 2,389
LIBOR Fund 452 452
Relocation Fund 12,000 12,000
21,632 21,632
Restricted Funds
Commandos Benevolent 254 254
DEFLOG VQ Trust 1,647 1,647
Falklands Fund 3,424 177 3,601
George Purse Trust Fund 1,690 396 2,086
Gulf Fund 323 323
5,114 2,797 7,911
82,778 10,962 93,851
GENERAL FUNDS GROUP CHARITY
2022 2021 2022 2021
E'000 E'000 E'000 E'000
At 1April 32,147 15,499 32,108 15,456
Income 10,946 11,489 10,874 11,411
Expenditure (11,838) (10,304) (11,753) (10,222)
Gains 8,172 15,463 8,172 15,463
Transfer from the Designated Fund 32,200 32,200
At 31March 71,627 32,147 71,601 32,108

Current
Afghanistan Operations LIBOR Strategic Relocation
Fund Fund Fund Fund Fund Total
2022 2022 2022 2022 2022 2022
E'000 E'000 E'000 E'000 E'000 E'000
Income
Income from charitable activities
Income from investments 33 33
Total income 33 33
Expenditure
Grants to other chanties (425) (132) (452) (1,009)
Grants for the benefit of individuals (24) (24)
Grant making
and		 other support costs (10) (10) (20)
Total expenditure (459) (142) (452) (1,053)
Net (expenditure) before net
gains/ (losses) on investments (426) (142) (452) (1,020)
Net gains/(losses) on investments
Net (expenditure) forthe gear (426) (142) (452) (1,020)
Transfer to the General Fund (32,200) (32,200)
Net movement
in		 funds (426) (142) (452) (32,200) (33,220)
Fund balances at I April 6,791 2,389 452 32,200 12,000 53,832
Fund balances at 31March 6,365 2,247 12,000 20,612

Current
Afghanistan Operations LIBOR Strategic Relocation
Fund Fund Fund Fund Fund Total
2021 2021 2021 2021 2021 2021
6'000 6'000 6'000 6'000 6'000 E'000
Income
Income from charitable activities
Income from investments 176 176
Total income 176 176
Expenditure
Grants to other chanties (411) (215) (950) (1,576)
Grants for the benefit of individuals (3) (3)
Grant making
and		 other support costs (8) (8)
Total expenditure (422) (215) (950) (1,587)
Net (expenditure) before net
gains/ (losses) on investments (246) (215) (950) (1,411)
Net gains/(losses) on investments
Net (expenditure) forthe year (246) (215) (950) (1,411)
Net movement
in		 funds (246) (215) (950) (1,411)
Fund balances at I Apnl 7,037 2,604 1,402 32,200 12,000 55,243
Fund balances at 31March 6,791 2,389 452 32,200 12,000 53,832

Commandos DEFLOG George
Benevolent VQ Falklands Purse Gulf
Fund Fund Fund Fund Fund Total
2022 2022 2022 2022 2022 2022
E'000 E'000 E'000 E'000 E'000 E'000
Income
Income from charitable activities
Income from investments 119 59 178
Total income 119 59 178
Expenditure
Direct chantable
expenditure		 (14) (5) (19)
Grants to other charities (165) (140) (91) (396)
Grants for the benefit of individuals (55) (8) (14) (5) (82)
Total expenditure (220) (162) (14) (101) (497)
Net (expenditure)/
income before net
gains on investments (220) (43) 45 (101) (319)
Net gains on investments 201 300
Net (expenditure)/
income for the gear		 (220) 158 144 (101) (19)
Net movement
in funds		 (220) 158 144 (101) (19)
Fund balances at I Apnl 254 1,647 3,600 2,087 323 7,911
Fund balances at 31March 254 1,427 3,758 2,231 222 7,892

Commandos DEFLOG George
Benevolent VQ Falklands Purse Gulf
Fund Fund Fund Fund Fund Total
2021 2021 2021 2021 2021 2021
E'000 E'000 E'000 E'000 E'000 E'000
Income
Income from charitable activities
Income from investments 116 57 182
Total income 116 57 9 182
Expenditure
Direct chantable
expenditure		 (13) (4) (17)
Grants to other charities (133) (100) (62) (295)
Grants for the benefit of individuals (7) (82) (I) (6) (9) (105)
Total expenditure (7) (215) (114) (6) (75) (417)
Net (expenditure)/
income before net
gains on investments (215) 51 (66) (235)
Net gains on investments 612 302 63 977
Net (expenditure)/
income for the gear		 (7) (215) 614 353 (3) 742
Net movement
in funds		 (7) (215) 614 353 (3) 742
Fund balances at 1April 260 1,863 2,986 1,734 326 7169
Fund balances at 31March 253 1,648 3,600 2,087 323 7,911

Land and Office
buildings machinery Vehicles Total
2022 2022 2022 2022
S'000 S'000 S'000 E'000
Not later than one year 706 12 48 766
Later than one year and not later than five gears 1,608 27 47 1,682
Later than five years
2,314 39 95 2,448
Land and Office
buildings machinerg Vehicles Total
2021 2021 2021 2021
S'000 S'000 S'000 S'000
Not later than one year 689 12 48 749
Later than one year and not later than five years 2,322 39 27 2,388
Later than five years
3,011 51 75 3,137

Unrestncted Unrestncted Funds Restricted
General Designated Funds
Total 2022 (note 18) (note 19) (note 20) Total 2021
NOTES S'OOO S'OOO S'OOO S'OOO S'OOO
Income from:
Donations and legacies
The public
Donations
and Appeals		 Income 2,815 3,148 3,148
Legaaes 3,202 4,175 4,175
6,017 7,323 7,323
Army personnel
From individuals
in		 Army Units 108 107 107
Regimental
and Corps Benevolent		 Funds 1,059 964 964
Army Dependants Trust 831 929 929
1,998 2,000 2,000
Investments 547 1,026 176 183 1,385
Other trading activities 2,456 952 952
Government
grants		 139 188 188
Total Income 11,157 11,489 176 183 11,848
Expenditure
on:
Raising funds
Fundraising
trading		 2,644 1,760 1,760
Other costs of raising funds 2,316 2,278 2,278
4,960 4,038 4,038
Charitable
activities
Grants to Regiments and Corps for the benefit 7 2,838 2,524 105 2,632
of individuals
Grants to other chanties 3,433 1,673 1,576 295 3,544
6,271 4,197 1,579 400 6,176
Grant making
and		 other support costs 2,156 2,069 8 17 2,094
8,427 6,266 1,587 417 8,270
Total expenditure 13,387 10,304 1,587 417 12,308
Net (expenditure)/ income before net gains
on investments (2,230) 1,185 (1,411) (234) (460)
Net gains on investments 13 8,472 15,488 977 16,465
Net income/(expenditure) for the year 6,242 16,673 (1,411) 743 16,005
Net interest
in the		 results for the year in
associates 14 (1) (25) (25)
Net movement
in		 funds 6,241 16,648 (1,411) 743 15,980
Funds balances at 1April 93,890 15,499 55,243 7168 77,910
Funds balances at 31March 100,131 32,147 53,832 7,911 93,890

THE SOLDIER5" CHARITY The Army's National Charity