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2022-09-30-accounts

Unrestricted Endowment Total Total
funds funds funds funds
2022 2022 2022 2021
Note £ £ £ £
Incomefrom:
Donations 99,044 - 99,044 92,454
Investments 49,190 - 49,190 46,660
Totalincome
148,234

-

148,234

139,114
Expenditureon:
Raisingfunds 6,236 - 6,236 6,206
Charitableactivities 162,748 - 162,748 132,990
Totalexpenditure

168,984


-


168,984


139,196
Netexpenditurebeforenet
(losses)/gainsoninvestments (20,750) - (20,750) (82)
Net(losses)/gainsoninvestments (36,798) (55,197) (91,995) 111,986
Netmovementinfunds

(57,548)


(55,197)


(112,745)


111,904
Reconciliationoffunds:
Totalfundsbroughtforward 532,874 799,297 1,332,171 1,220,267
Netmovementinfunds (57,548) (55,197) (112,745) 111,904
Totalfundscarriedforward
475,326

744,100

1,219,426

1,332,171

Unrestricted Total Total
funds funds funds
2022 2022 2021
£ £ £
Donations
Donations 15,519 15,519 9,483
GiftAid 1,000 1,000 4,288
Sponsorshipsreceived 76,105 76,105 73,052
Lotteryincome 5,108 5,108 4,834
Otherincome
1,312

1,312

797
Total2022
99,044

99,044

92,454
Total2021 92,454 92,454
Investmentincome
Unrestricted Total Total
funds funds funds
2022 2022 2021
£ £ £
Dividends 49,186 49,186 46,660
Interest 4 4 -
Total2022
49,190

49,190

46,660
Total2021 46,660 46,660
Unrestricted Total Total
funds funds funds
2022 2022 2021
£ £ £
Marketing 197 197 1,276
Investmentmanager'scosts 3,054 3,054 2,749
Eventcosts 392 392 -
Lotteryprizes 2,593 2,593 2,181
Total2022
6,236

6,236

6,206
Total2021 6,206 6,206
Analysisofexpenditureoncharitableactivities
Summarybyfundtype
Unrestricted Restricted
funds funds Total Total
2022 2022 2022 2021
£ £ £ £
Scholarships 162,748 - 162,748 132,990
Total2022
162,748

-

162,748

132,990
Total2021
131,990

1,000

132,990
Activities
undertaken Support Total Total
directly costs funds funds
2022 2022 2022 2021
£ £ £ £
Scholarships 119,926 42,822 162,748 132,990
Total2022
119,926

42,822

162,748

132,990
Total2021
92,028

40,962

132,990
Analysisofdirectcosts
Total Total
funds funds
2022 2021
£ £
Staffcosts 25,769 23,668
OtherdirectCosts 28,794 5,849
Scholarshipsapproved 65,363 62,511
Total2022 119,926 92,028
NOTESTOTHEFINANCIALSTATEMENTS
FORTHEYEARENDED30SEPTEMBER2022

Analysisofexpenditurebyactivities(continued)
Analysisofsupportcosts
Total Total
Scholarships funds funds
2022 2022 2021
£ £ £
Staffcosts 12,884 12,884 11,835
Travellingandsubsistence
4,744
4,744 639
Officesupportcost 25,194 25,194 28,488
Total2022
42,822

42,822

40,962
Total2021 40,962 40,962
Officesupportcostsinclude:
2022 2021
£ £
Accountancycosts,professionalfeesandIndependentExaminer'sfees 6,205 17,128
Insurance 3,619 3,810
Administrationcosts 9,296 4,065
Sundrycosts 6,074 3,485
25,194 28,488
Includedwithinsupportcostsaregovernancecostsof:
2022 2021
£ £
Staffcosts 12,884 11,835
Accountancycosts,professionalfeesandIndependentExaminer'sfees 6,205 17,128
19,089 28,963
ROYALINTERNATIONALAIRTATTOOFLYINGSCHOLARSHIPSFOR DISABLEDPEOPLE DISABLEDPEOPLE
(ACompanyLimitedbyGuarantee)

NOTESTOTHEFINANCIALSTATEMENTS
FORTHEYEARENDED30SEPTEMBER2022

13.

Fixed assetinvestments
Listed
investments
£
Costorvaluation
At1October2021 1,238,922
Additions 2
Revaluations (91,995)
At30September2022 1,146,929
14. Debtors
2022 2021
£ £
Otherdebtors 1,000 2,851
Prepaymentsandaccruedincome 1,568 1,425
2,568 4,276
15. Creditors:Amountsfallingduewithinoneyear
2022 2021
£ £
Tradecreditors 12,050 6,820
Grantspayable 17,196 5,410
Accruals 8,587 9,365
37,833 21,595
ROYALINTERNATIONALAIRTATTOOFLYING ROYALINTERNATIONALAIRTATTOOFLYING ROYALINTERNATIONALAIRTATTOOFLYING SCHOLARSHIPS SCHOLARSHIPS FOR DISABLEDPEOPLE DISABLEDPEOPLE
(ACompany LimitedbyGuarantee)

NOTES

TOTHEFINANCIALSTATEMENTS

FORTHE
YEARENDED30SEPTEMBER2022

Statementoffunds
Statementoffunds-currentyear
Balanceat
Balanceat 1 30
October Gains/ September
2021 Income Expenditure (Losses) 2022
£ £ £ £ £
Unrestrictedfunds

UnrestrictedFunds

532,874


148,234

(168,984)


(36,798)

475,326
Endowmentfunds
Wingsaroundtheworld-
Permanentendowment 535,911 - - (37,010) 498,901
Formerscholar'sfund-
Expendableendowment 19,093 - - (1,318) 17,775
JohnSavilefund-Expendable
endowment 122,130 - - (8,434) 113,696
ACTfund-Expendable
endowment 48,851 - - (3,373) 45,478
ViccarageTrust-Expendable
endowment 61,101 - - (4,219) 56,882
Entrepreneur'sfund-
Expendableendowment 12,211 - - (843) 11,368



799,297




-



-


(55,197)


744,100
Totaloffunds 1,332,171 148,234 (168,984)
(91,995)
1,219,426