2RGR-CFPRI
S02 SPS - Independent Examlnerfs Report on th• Accounts. and Comments
Dlractlon 1: Ch•d( whoth•r tho charlty Is •llglblo to have an independent
examlnation.
lkn used the guidan￿ summary al pard 544 to assess the fund gross annual genuine
income has nol exceeded £250,000 law ACSO V4) 3354 ensuring the level of IE fvnctlon
can be caffied out by the S02 SPS. The Fund total income is under the threshold and
therefore, requires no registration with the Charities Comrnission.
Flnanclal Y•ar
2022123
2023124
2024125
Charltablo Inc¢m•
£90 546.39
£128.521.94
£144.185.68
Directl¢M 2; Chock for any connict of Int•rnst that wevents the examln8r frorn
¢arrylng out thelr Indopndont •Mmlnation.
I de¢lar8 that I have nol acted as 2 RGR Intemal ALKliior or had any other invO￿eMent in the
day to day running of a Service ChaTilable Fur￿ (e.g.. in a previous assignment) wrthln the
last thr88 years.
Directlon 3: Re￿d y{￿r lnda￿nd•nt ex￿1r￿tIOn.
This fund continues to be administered with a hwJh18vel of efficienw and professionalism. led
by an eX￿PtiOnallY ¢apable Intemal Auditor. The IA consistenty demonstrates best practice
in the management and oversight of Service Charitable Funds. setting a strong example for
fund govemance and ¢cMnplIan￿.
All do¢umentslevKfen¢8 prtsjuced by the Intemal Auditor to supwrt thls report wll be
retained with the AF N1514 for this year and six further years.
Dlroctlon &. Plan your independ•nl examinatlon.
As the examiner l obtained the relevant ￿nstitutIon. objectives. organlsational stTUGture, the
funds managed. its activities and accountirKJ records al￿ systems prnr to conducting my
examination.
Fdlowing a review of the 2023124 AF N1514 in relation to the Independent Examiner (IE)
comments, it is confimied that all recommendations for improvement from the previous IE
review have been fully implemented. This reflects posiiively on the fuThJ's u)mmlknent to
continuous imwovemént and sound financial governance.
At present. th8re are no identifiable financial risks requiring immediate attention from the
Management Tèam (MT) or Senior FurKI Manager (SFM). The fund appears to be opgrating
within a stable financial framework. with no indicat￿S of budgetary pressure. iffegularities. or
emerging liabilities.
Dir•cllon 5: Check that accounting are k•pt to tho to thè rnqulrod
standard.
As the examiner I satisfied myself that all relevant PAXTON+ accounting
record6 and subsidiary books are malntalned and up to date. including an examination of
transactions carried within the fund during the fur￿,$ last G1 audit.
I have checked that the 6-monthly FMrrn*tee intemal financial controls checklist

(British Amy) was completed (see Annex B lo Chapter 2 to ACSO 3354).
Dir•ctlon 6: Chock that th• accounts are con61•tènt wlth the ac¢ountlng rècord.
As the IrKlep8ndent Examiner (IE). my review is limited to the final accounts to detemiine whether
they disclose any unusual items. unexp8Cted fluctuations. or inconsistencies. A detsiléd
examination of PAKfoN+ and supporting transaction vouchers will be undertaken durrng the next
G1A.
Dlroction 7: Check that tho Charlty18 opffatsd In line wlth th accruals basis of
accounting. The accounts are prepared on an ac¢Nals basis and the relevant checks have been
made to confimi thal the charity a¢¢ounting complies with the a¢¢ruals method of ac(x)unting.
Wherever dewatbon may exisL guidance was provided to the MT and are recorded within this
report.
DlrectSon 8. Check reasonablene￿ of tho slgnfflcant •sllmatss and
. ludgrnents and a¢¢ounting pollcl•s used in accounting for the of funds hdd and In
tho preparatlon of th• accounts. I have checked:
The general a(xx)unting FM)licies of service fund have been agreed with the
Charity Commission and are listed in the AF N1514.
Ary signfficant income expectations in the ManagirwJ Trustee's Financial
Reviews in pr8wous accounting per￿dS are noted and their continued rec8iPt ￿nSIdered
against future planned expandllure where approwAte.
I d￿cked that separdte funds of the charity have been ￿rreCty accounted for
and reported corredy in the accounts.
I checked to ensure that material breach of tru51 has taken place in the use of
charitsble funds in the reporting period e.g., use of mmies in a restricted furKd for a purpose
outside of the restriction.
Directlon 9. Th• Q￿mInor must Check wh•thw tho trustees hav• considered the
finan¢lal clrcumstances of the charty at the end of th• rnporting period and, rf tho accounts
are prepared on an accruals basis check whether the truste•s have made an a88essrn•nt of
tho charlvs posltlon a8 a golng concern whon approvlng th• accounts.
The IE should consider rf th8 service fund remairts viable for futlre accounting
periods.
Consider the worth of the ser¥ice fur￿ over the perM)ds of F>revious AF N1514s-
Consider rf the worth of the fund redu(xl ovw an exterKled period.
I've ￿n$KIered the y￿rth of ts servts fund over the periods of previous AF
N1514s and assessed rf the worth of the fund reducing over an extend8d period.
Debtors and Creditors been examined and guid8nc* provKled to FM
where necessary.
10. Dlroction 10. Check the fomi and contert of tho account I have:
The service fund accounts and AF N1514 complies with SORP and the minimum
accounting standard requlred (SOF& balanc* Sheet and completed notes to the accounts).
Checked for the correct completion of th8 AF N1514.
11. Dlr•ctlon 11. Dlr•ctson 11 dlrects Indyndent examlners to id•ntlfy ttems from the

analytical rev1￿ of the accounts that need to be fOlk￿•d up for further •xplanatlon or
evidence.
Any follow up acti)n or request forf￿ther explanatK*n can be found at paragraph 13
below.
12. Dlroctlon 12: 1 hav• compar•d th• In￿. annual reP￿t wlth th• Accounts.
The comrn8nts from both the Marbaging Team (MT) and Internal Auditor (IA) are noted. The
absence of a narrative commentary within the AFN 1514 may reduce the overall transparency and
limit the context available to stakeholders.
Comments
13. The IA comments are noted. I have the followng c4)mments. some of vthich requires actton..
As noted in the Intemal Auditor's (IA) ￿MMents. this marks the second ￿nSecutive financial
year in which expenditurè has exixled income, with a reported defiiit of £9,044.98. While
thi5 shortfall has nol yet impacted the fund's operatKJnal capa0 or reserves. the emerging
trend warrants close monitorinwrtiojEarly given the furNJ's rekance on a substantial
UnrestrictedlGeneral Purpose Fund (UNRIGPF) balance.
It is inportant to note that the fvnd ￿rrentlY maintains a healthy and realtstic UNRIGPF
tangible balance of over £40.000. as refieded in tha Bank Account- Liabiltiies. This provides
a strong financial buffer arKI indicates sound financial managemenL Additionally, ther8 are
no overspent Restricled Funds. vthith d8monstrates effe¢tlv8 budgetsry control and
adherence to fund allocation policies.
However, it is observed that fve Resthcted Funds recorded no income or expenditure during
the reporting year. A review shoukl be conducted to a&8ess whether the origlnal PUTpose of
thèse funds is still relevant and being actively pursued. If no( consideration should be given
to repurposing or consolidating thvse funds in line with govemance guidellnes, ensurfng that
all resources are utllised effedivety and transparenty.
It is recommended thal this high slandard of intemal aLKlit Practi￿ be maintained and carried
fop•vard into the next end-of-year audit cyde. Continued ￿nSIStencY in audit quality wlll
support transparency, accountability. aThl confthnc* in the fund's administration.
Date:
IndepeThlent Examlnerfs
Signature
16AA BOE CB T TEAM
S02
2 9 SEP 2025
M3hllLLE EIIRICk'
Name:
Ma. D Whitecross
Ap￿ints￿ent
S02 SPS 16 Air Assault BCT

Servlce NoTrPubllc Funds Final Accounts.
Managlng Trustee's Rèport. Internal Auditorfs Report
and Independent Examinorfs Report (SORP 21x15 ￿MplIant)
Regimental Accountant Scheme
Army Fom) N1514
(Rev 11109)
Unlt
SHORNCUFFE GARRISON UNITS
Address
Sw John Motye Shomdiffq Folkestone. CT20 3FU
In respect of the 2 RGR PRESIDENT OF THE REGIMENTAL INSTITUTE (PRI)
Fundlcharlty
Charity c0mmissionlR6g￿atr￿ regsslwed ThJMI￿ 1180480
For the from
01 Jul 2024
30 Jun 2025
Managlng Trustse(s) during the pwlod:
01 Jul 2023
05Au
2024
To
2024
30 Jun 2025
Nam•
Nam•
Lt Col N Moran RGR
Lt Col P HouIior￿rt MBE RGR
From
Fund Managor(s) during the Per￿d.
From
01 Jul 2024
To
30 Jun 2025
Ma" Nawal Y&kha RGR
Internal Audll¢x($) durkng tho porlod:
01 Jul 2024
To
3) Jun 2025
Nam•
Limbj GSPS
Audit Ass18tants {durlNJ tho perlod):
21171325 W02 Chewan Tararr￿ corKlucted a ca)mplete wopwty and revlew of Fund's insurance
as part of the Bn's SCF Irrtexnai Aud* Board in Jun 2025.
3J229654 Sgt Amit Rai conducted a (x>mfv stC#* check on trading as part of the Bn's SCF
Internal Audit Board in Jun 2025.
R•glm•ntal Accountart(s} thring th• porlod: .
From
From
01 Jul 2024
To
To
30 Jun 2025
Nam•
Nam•
Hombahadur Wonem GSPS

St•temext of Fimneknl Activities &$ at 30106ll025
Paxto*
P#2elofl
Printed: 30106r2025
RGR PRI
2RGR
nrestri¢
Designate(VGPF
Funds
Restricted
Fw
owTrent
Fund5
Totsl F￿dS
Previous Period
Total Funds
nets￿1￿% Res0￿re¢S
luntary Income LO*•nlLnBvI
ctivities for Generning FUNJS
nvesiment Income
n¢ome Resources fTom
haritable Arlivt¢ies
her IncoTnin
tal Incoml
Re50ur¢¢s
esothrets Expended Cost of
ener4tiDg Funds
4252.90
1,045.
4.089.74
40.1)96.53
44.349.43
1,045.00
4.089.7
40.642.55
550.(KI
4.480.40
66.347.15
o.Tr)
23.408.03
4.946.33
o.fy)
89,755.18
4.946.33
185.68
79.479.20
3,369.79
128
0.00
osts of Gerternting Fund5
haritable Activiti¢S
vernance Costs
rants and D￿atIOnS
er Costs
t•1 Resoircfs Ez
et Ineomingloutgoing
urees Before Thosf¢rs
n$f¢rs
0.00
0.00
122.071.59
2,121.95
IOJOl.80
18,735.32
153
58.703.62
719.91
5,300.36
11968.17
63J67.97
1.402.04
s,(￿1.44
5.767.15
145J42.52
1232.33
9,830.57
30,945.16
0.00
o.
-1.95727
-9,IM4.98
-W28.
ross transfers beNw fund4
internai trdn5fers)
et Incoming r¢sour¢u befo
oldi
ain$ and losses
oldln¥ Galn51tA)SSCS
ains on revaluation of the
haritys fixed assets
nrealised Gainth5¢5
nvestment assets
et Movement ID Funds
oncillatlon of Funds
t*1 fund# brought forw*rd
m prevlou$ year
otal funds t#rr*d forw*nl
-1.95727
-7Jffl.71
0.00
.90x98
-S&82&64
o.(k)
-7,736.48
1,505.10
45117
o.cKJ
1,505.10
1,231.03
09
127.IS2J3
7Q971J7
o.
19&123.72
12
71￿18
00
190

Paxton+
Bkn Ske¢t- June 2025
Page l of3
Printe41: 3010612025
RGR PRI
2RGR
June 2025
of last
Fixed A55ets
14.581.69 CAPITAL PROPE]￿y
3522258 M&G fNVFSTMENTS
12.554.89 /
36.727.68
49,80427 Tothl FixedAssets
49282.57
91.197.IY2 Current BankAccowrt
O.(K) Notto be used in this •Jc
435.90 DEBTORS
56.686.52 Siock on Hatml
148J19.44 Totsl CurrentAssets
106,918.08
48,031.90 /
154.949.98
198.123.71 Total A&scts
204232.55
Liabiliiies
O.W CREDITORS
O.IXI VAT Control
0.00 VAT Payabl¢
l J.648.71 /
o.rN) Total Liabilitie5
(13,648.71)
198.123.71 Total A*ets Minus Liabilities
190,583.84
TLrtai Funds
70.97137 Tothl Restricted Futh1s
O.(K) Totsl EndowTh¢nt FwKts
0.￿ Tothl D¢sign8ted Funds
127.152.35 Accumulatrd Trading & GPF
63.883.66 .
0.00
I26.7￿.18
198.123.72 Total FwKb
190.583.84

Paxton+
BAlaKe Ske¢t- June 2025
Page2 of3
Prlnied: 30m6n025
RGR PIU
2RCR
Bal
Desi￿ted Fun&
0.00
R¢&tri¢t¢d Furtds
.819.75 RGR CPLS CLUB
2.039.13 ACOY
95928 B COY
3.027.17 CCOY
921.45 DCOY
2.941.71 CSS COY
982.26 PIPES & DRUMS
28,537.98 NAAFI GRANT
56.62 UNIT WELFARE OFFICE FifND
29034 RGR WIVES CLUB (UNDER GM)
3,036.59 J FLYING KUKRIS
5,453.69 JPROJECT CASSINO
68525 2RGR WINTER SPORT
0.00 2RGRAT&SPORTS
6394.94 HQBG ED&WELFARE GLINT
6203.02 RGR TRUST GRANT(CO TO MANAGE)
182.06 RGR 25TH BWK
440.13 HAIR CUT
0.￿ ARMED FORCES COVENANT GRATrrr
9,03725
1,970.90
.675.47
1.653.69
2.103.66
.802.27
599.76
13.138.12
3.061.66
7￿.34
3.03659
5.453.69
685.25J
7282.42
5.825.31
4545.09
182.06V
440.13
0.00
70,971.37
63.883.66
T￿lIng and General tknrp)se Funds
0.432.05 Trnjing surplus
0.00 Non Primary Purpose trading surpllls
(30.189.09) Generdl PurrM)se Furwl surplus
6.686.68
(7.138.85)
(23,757.04) Trading & GPF Surplus
150.W.39 Balance at iast balance she
(452.17)
127.152.35
127.152.35 Accumulatal Tr&ling & GPF
126.700.18
198.123.T2 Grand total
190.583.84
Si8nature of ￿t￿derIF￿¥j Ma
IS JTr/l £

PgxtotrF
B21ance Sheet- JMDe 2025
P￿t30r3
Printed: 3010612025
RGR PIU
2RGR
End of
si￿rUle of Managing Tnts
Lt C•1 H¢yJllun-MaYt M6£
Is