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|Trustees'
annual
report|
|---|
|independent
examiner's
report to the trustees|
|Statement offinancial
activities|
|Statement offinancial
position|
|Notes to the financial statements|
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|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|||
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||||||||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|
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|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|
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|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|
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|) ependent|examinatio|n
fees||||
|---|---|---|---|---|---|
|||||2021|2020|
|es payable|to the independent||examiner for.|||
|ependent|examination|ofthe|financial statements|1,332|1,296|
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|||||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|
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|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|
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|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|
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