| Trustees' annual report |
|---|
| independent examiner's report to the trustees |
| Statement offinancial activities |
| Statement offinancial position |
| Notes to the financial statements |
| Regist | red charity | name | The Welsh Reserves 8 Cadets Charitable | The Welsh Reserves 8 Cadets Charitable | incorporated |
|---|---|---|---|---|---|
| Organisation | |||||
| eharit | registration | number | 1157182 | ||
| Princi | al oNce | Maindy Barracks | |||
| Cardiff | |||||
| CF143YE | |||||
| The tr | stees | ||||
| Major John Charles TD DL | |||||
| Commander | Peter Machin RD DL RNR | ||||
| Commander | Robert Reid RNR | ||||
| Sdn Ldr (Ret) Peter Sinclair | |||||
| Mr G Thomas | |||||
| Indep | ndent examiner | Mr Jonathan | Rhodes BScBFPFCA | ||
| Walter Hunter | 8 Co Limited | ||||
| 24 Bridge Street | |||||
| Newport | |||||
| South Wales | |||||
| NP20 4SF |
| 2021 | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Restricted | |||||||||
| funds | Total funds | Total funds | |||||||
| Note | F | ||||||||
| Encom | and endowments | ||||||||
| invest | ent income | 4 | 29,630 | 29,630 | 36,259 | ||||
| Total | i | come | 29,630 | 29,630 | 36,259 | ||||
| Expen | iture | ||||||||
| Expen | iture on | charitable | activities | 5,6 | 26,299 | 26,299 | 28,906 | ||
| Total | penditure | 26,299 | 26,299 | 28,906 | |||||
| orne | 3,331 | 3,331 | ?,353 | ||||||
| Other | ecognised gains | and | losses | ||||||
| Gains/ | osses) | from revaluation | offixed assets | 203,352 | 203,352 | (144,509) | |||
| Net m | vement | in funds | 206,683 | 206,683 | (137,156) | ||||
| Recon | iliation | offunds | |||||||
| Total f | nds brought forward | 953,523 | 953,523 | 1,090,679 | |||||
| Total f | nds carried forward | 1,160,206 | 1,160,206 | 953,523 |
| S | atement ofFi | nancia | l Position | ||||
|---|---|---|---|---|---|---|---|
| March 2021 | |||||||
| ' 2020 | |||||||
| Note | |||||||
| Fi | ed assets | ||||||
| In | estments | 1,119,381 | 919,091 | ||||
| e | rrent assets | ||||||
| C | sh ai.bank and in | hand | 43,707 | ',37,167 | |||
| ditors: amounts | falling | due within one year | 2,882 | 2,?35 | |||
| current assets | 40,825 | ,34,432 | |||||
| al assets iess current | liabilities | 1,160,206 | 953,523 | ||||
| assets | 1,160,206 | 953,523 | |||||
| Fu | ds ofthe charity | ||||||
| Re | tricted income funds: | ||||||
| Revaluation reserve Other restricted income funds |
254,497 905,709 |
51,6'l1 901,912 |
|||||
| TQ | al charity funds | 1,160,206 | 953,523 |
| 5. | E | p | enditure | on charitable | activities by fund type |
|||
|---|---|---|---|---|---|---|---|---|
| Restricted | Tatal Funds | Restricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | |||||
| e. | ||||||||
| Ds S p tribution to units port costs |
21,038 5,261 |
21,038 5,261 |
23,531 5,375 |
23,531 5,375 |
||||
| 26,299 | 26,299 | 28,906 | 28,906 | |||||
| 6. | E penditure | an charitable | activities by activity type |
| E | penditure | an cha | ritable | activiti | es by activity typ | e | ||
|---|---|---|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | ||||||
| ofactivities | Support costs | 2021 | 2020 f |
|||||
| Dstribution | to units | 2'I,038 | 5,261 | 26,299 | 28,906 | |||
| alysis ofsupport | costs | |||||||
| Distribution to |
||||||||
| units | Total 2021 | Total 2020 | ||||||
| E | E | |||||||
| Fi So ance costs ckbroker management |
fees | 5 3,174 |
5 3,174 |
33 3,296 |
||||
| R | CA administration | fee | 750 | 750 | 750 | |||
| In | ependent | Examiner fee | 1,332 | 1 332 | 1,296 | |||
| 5,261 | 5,261 | 5,375 |
| ) ependent | examinatio | n fees |
|||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| es payable | to the independent | examiner for. | |||
| ependent | examination | ofthe | financial statements | 1,332 | 1,296 |
| Cash orcash | Other | |||||
|---|---|---|---|---|---|---|
| equivalents | investments | Total f |
||||
| Cost or valuation | ' | |||||
| At 1 April 2020 | 2,427 | 916,664 | 919,091 | |||
| Additions Disposals Fair value movements |
32,533 (32,691) |
(2,904} 203,352 |
:32„533 (35,595) 203,352 |
|||
| At 31 March 2021 | 2,269 | 1,117,112 | 1,119,381 | |||
| impairment | ||||||
| At 1 April 2020 and 31 March 2021 | ||||||
| Carrying amount |
||||||
| At 31 March 2021 | 2,269 | 1,117,112 | 1,119,381 | |||
| At 31 March 2020 | 2,427 | 916,664 | 919,091 | |||
| All investments shown above are held at fair value. |
||||||
| 12. | Creditors: amounts | falling due within one year | ||||
| 2021 | 2020 | |||||
| Z | E | |||||
| Accruais and deferred | income | 2,882 | 2,735 |
| R | stricted f | unds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| At | Gams and | At | |||||||
| 1 | Apr 2020 | income | Expenditure | Transfers | losses 31 | Mar 2021 | |||
| E | |||||||||
| A | cumulated | fund | 901,9 l2 | 29,630 | (26,299) | 466 | 905,709 | ||
| R | valuation | ||||||||
| re | erve | 51,611 | (466) | 203,352 | 254,497 | ||||
| 953,523 | 29,630 | (26,299) | 203,352 | 1,160,206 | |||||
| At | Gains and | At | |||||||
| 1 | Apr 2019 | income | Expenditure | Transfers | losses 31 | Mar 2020 | |||
| E | |||||||||
| A | cumulated | fund | 894,087 | 36,259 | (28,906) | 472 | 901,912 | ||
| R | valuation | ||||||||
| r | erve | 196,592 | {472) | (144,509) | 51,611 | ||||
| 1,090,679 | 36,259 | {28,906) | (144,509) | 953,523 |
| A | alysis ofnet as | sets between funds | ||
|---|---|---|---|---|
| Restricted | Total Funds | |||
| Funds | 2021 | |||
| E | ||||
| in | estments | 1,119,381 | 1,119,381 | |
| C | rrent assets | 43,707 | 43,707 | |
| C | editors less than | l year | (2,882) | {2,882) |
| N | tassets | 1,160,206 | 1,160,206 | |
| Restricted | Total Funds | |||
| Funds | 2020 | |||
| E | ||||
| vestments | 919,091 | 919,091 | ||
| rrent assets | 37,167 | 37,167 | ||
| editors less than | 1 year | (2,735) | (2,735) | |
| tassets | 953,523 | 953,523 |