Trustees’ Annual Report for the period
From 01/04/23 Period start date
To 31/03/24 Period end date
Charity name: RED CYPHER
Charity registration number: 1161345
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities |
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document Para 1.17 (1) To promote the efficiency of 3 RHA amongst other things, by: (a) Fostering Esprit de Corps, Comradeship, Morale and the Welfare of the Regiment and Preserving its Traditions. (b) Maintaining Comradeship and contact between past and present members of the Regiment, fostering mutual friendship between them and providing social gatherings for them. (2)To relieve either generally or individually, past and present members of the Regiment and their dependents, who are in conditions of need, hardship or distress. |
||
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 Red Cypher promotes the Efficiency of 3rd Regiment Royal Horse Artillery (3 RHA) and prompt active support for serving members and veterans. |
||
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All Trustees on appointment are made aware of the guidance issued by CC on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| You may choose to include further statements where relevant about: SORP reference |
||
| Policy on grant making | Para 1.38 | Covered in existing SOPs and in Grants Policy. All Grants are made following examination of a full application. |
Achievements and Performance
==> picture [436 x 26] intentionally omitted <==
----- Start of picture text -----
SORP reference
Summary of the main Para 1.20 Red Cypher has supported the soldiers and
----- End of picture text -----
| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| Summary of the main | Para 1.20 | Red Cypher has supported the soldiers and |
| achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
veterans throughout the year, through the granting of funds for welfare and for the maintenance of morale and wellbeing of members both past and present. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | The Charity has met it’s objectives, despite the current financial pressures |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The Charity has continued to attract donations and has launched a number of initiatives to raise funds including £3 for 3rd and a 100 Club scheme. |
| Investment performance against objectives |
Para 1.41 | Investment performance has largely been in line with expectations with moderate returns. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity remains in a good financial state |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity maintains a reserve to assist with crises that from time-to time may affect the potential beneficiaries. |
| Amount of reserves held | Para 1.22 | £10K |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Currently considered by Trustees to be a going concern. |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The charity raises money through Give as You Earn Scheme and Regular Monthly donations and one of donations from both veteran and serving community Regular soldier and officer donations. Veteran donations. 100 Club. £3 for 3rdScheme. Bequests. Collections at events. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The Charity has a formal Investment Policy. |
| An up to date Risk Register is maintained. Changes in the manning of the Regiment |
| A description of the principal risks facing the charity |
Para 1.46 | have caused some challenges , but these have been well managed by the Unit and the Trustees. |
|---|---|---|
Structure, Governance and Management
| Description of charity’s trusts: |
n/a | |
|---|---|---|
| Type of governing document | Para 1.25 | Constitution Document / Trust Deed |
| How is the charity constituted? |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are drawn from the Serving Regiment (3 ex-officio appointments) and from the Veteran Community. All Trustees are given a welcome pack and are required to study the Charity Commission’s “The Essential Trustee” and “Questions Trustees Should Ask”. All Trustees are required to complete a “Fit and Proper Persons Form prior to appointment. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | See above |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The Charity works closely when appropriate with SSAFA, the Royal Artillery Charitable Fund and the Royal British Legion. |
| Relationship with any related parties |
Para 1.51 | The Charity works closely with the Serving Regiment, but has a independent governance structure. |
Reference and Administrative details
==> picture [439 x 111] intentionally omitted <==
----- Start of picture text -----
Charity name RED CYPHER
Other name the charity uses n/a
Registered charity number 1161345
Charity’s principal address RHQ, 3rd Regiment Royal Horse Artillery
Albemarle Barracks
Ouston
NEWCASTLE UPON TYNE
NE15 0RF
----- End of picture text -----
Names of the charity trustees who manage the charity
==> picture [456 x 195] intentionally omitted <==
----- Start of picture text -----
Name of person (or
Dates acted if not for whole
Trustee name Office (if any) body) entitled to
year
appoint trustee (if any)
1 Andrew Budd Chairman
2 Angela Fewster Vice Chairman
3 David Howells Vice Chairman
4 Mike Webb Hon. Treasurer
5 Andrew Thorpe Trustee
6 Will Grace Trustee
7 Andrew Shedden Trustee
8 Patrick Armstrong Trustee
9 Steve Sinclair Trustee
10 Simon Howe Trustee
----- End of picture text -----
| Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved |
|---|---|---|
| Director name | ||
| NIL | n/a |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| NIL | n/a |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
n/a |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
n/a |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
n/a |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
==> picture [438 x 72] intentionally omitted <==
Name of chief executive or names of senior staff members (Optional information)
n/a
Exemptions from disclosure
Reason for non-disclosure of key personnel details n/a ~~ee~~ Other optional information n/a ~~Oo~~
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
==> picture [475 x 162] intentionally omitted <==
----- Start of picture text -----
Signature(s)
|
Full name(s) David Howells
Position (eg Secretary, Vice Chairman
Chair, etc) eea
Date
14 Jan 2025
PO
----- End of picture text -----
| Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts 1161345 RED CYPHER Receipts and payments accounts 01/04/2023 31/03/2024 To For the period from ~~a~~ |
Last year to the nearest £ CC16a _ |
Last year to the nearest £ CC16a _ |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations: - |
- | - | - | - | - | - | - | - | - | - | |||||
| Payroll giving 45,602 |
- | - | - | - | - | - | 45,602 | 45,602 | 55,132 | 55,132 | |||||
| Voluntary (tax efficient) 7,712 |
- | - | - | - | - | - | 7,712 | 7,712 | 14,860 | 14,860 | |||||
| Voluntary 9,560 |
- | - | - | - | - | - | 9,560 | 9,560 | 4,286 | 4,286 | |||||
| Fund raising events 12,467 |
- | - | - | - | - | - | 12,467 | 12,467 | - | - | |||||
| Returned grant 531 |
- | - | - | - | - | - | 531 | 531 | - | - | |||||
| Bank interest 56 |
- | - | - | - | - | - | 56 | 56 | 36 | 36 | |||||
| - | - | - | - | - | - | - | - | - | - | ||||||
| Sub total(Gross income for AR)75,928 |
- | - | - | - | - | - | 75,928 | 75,928 | 74,314 | 74,314 | |||||
| A2 Asset and investment sales, (see table). - - - - - - - - - - Sub total - - - - - Total receipts 75,928 - - 75,928 74,314 A3 Payments ———=~~——~~ |
|||||||||||||||
| 3rd Royal Horse Artillery grants 36,472 |
- | - | - | - | - | - | 36,472 | 36,472 | 44,096 | 44,096 | |||||
| Other grants 15,090 |
- | - | - | - | - | - | 15,090 | 15,090 | 22,584 | 22,584 | |||||
| Cost of fund raising events 10,898 |
10,898 | 10,898 | - | - | |||||||||||
| SSL Club prize payment 236 |
- | - | - | - | - | - | 236 | 236 | - | - | |||||
| Bank fees and charges 1,688 |
- | - | - | - | - | - | 1,688 | 1,688 | 1,903 | 1,903 | |||||
| Website and computer 326 |
- | - | - | - | - | - | 326 | 326 | 108 | 108 | |||||
| Stationery and other expenses 107 |
- | - | - | - | - | - | 107 | 107 | 63 | 63 | |||||
| Accountancy 540 |
- | - | - | - | - | - | 540 | 540 | 540 | 540 | |||||
| Data protection fee 80 |
- | - | - | 80 | 80 | - | - | ||||||||
| PPMA Reunion - |
- | - | - | - | - | - | - | - | 1,404 | 1,404 | |||||
| Insurance 96 |
- | - | - | - | - | - | 96 | 96 | - | - | |||||
| Travel Trustees 48 |
48 | 48 | |||||||||||||
| Travel Standard Bearer 1,782 |
- | - | - | - | - | - | 1,782 | 1,782 | 1,466 | 1,466 | |||||
| Sub total 67,363 | - | - | - | - | - | - | 67,363 | 67,363 | 72,164 | 72,164 | |||||
| A4 Asset and investment purchases, (see table) - - - - - - - - - Sub total - - - - - Total payments 67,363 - - 67,363 72,164 Net of receipts/(payments) 8,565 - - 8,565 2,150 A5 Transfers between funds - - - - - A6 Cash funds last year end 21,725 - - 21,725 19,575 Cash funds this year end 30,291 - - 30,291 21,725 ————~~——~~ SSSS] |
CCXX R1 accounts (SS)
17/06/2024
1
Section B Statement of assets and liabilities at the end of the period
==> picture [511 x 701] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Categories|Details|funds|funds|funds|
|to nearest £|to nearest £|to nearest £|
|B1 Cash funds|CafCash Account|30,290|-|-|
|-|-|-|
|-|-|-|
|Total cash funds|30,290|-|-|
|===|
|(agree balances with receipts and payments|
|account(s))|Agreement Error|OK|OK|
|Unrestricted|Restricted|Endowment|
|to nearest £|to nearest £|to nearest £|
|Details|
|B2 Other monetary assets|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|===>|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B3 Investment assets|The Royal Artillery Institution|Brewin Dolphin|
|40,000|43,168|
|Fund|
|-|-|
|-|-|
|-|-|
|-|-|
|===|
|Fund to which|Current value|
|Details|Cost (optional)|
|asset belongs|(optional)|
|B4 Assets retained for the|-|-|
|charity’s own use|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|===|-|-|
|Fund to which|Amount due|When due|
|Details|
|liability relates|(optional)|(optional)|
|B5 Liabilities|Creditors|Unrestricted|1,140|
|-|
|-|
|-|
|-|
|Signed by one or two trustees on|Date of|
|behalf of all the trustees|Signature|Print Name|approval|
|David Howells|29/07/24|
|Mike Webb|29/07/24|
|——|
|CCXX R2 accounts (SS)|2|17/06/2024|
----- End of picture text -----
Independent examiner's report on the accounts
Section A Independent Examiner’s Report ~~ee~~
Report to the trustees/ RED CYPHER members of On accounts for the year 31 MARCH 2024 Charity no 1161345 ended (if any) Set out on pages RECEIPTS AND PAYMENTS ACCOUNT PAGES 1 and 2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 MARCH 2024.
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Julian Wyncoll Date: 29 July 2024 ~~ed~~ Name: Julian Wyncoll ~~id~~ Relevant professional ICAEW qualification(s) or body (if any): Address: Tile & Co., Warden House, 37 Manor Road, Colchester, Essex CO3 3LX
Section B Disclosure ~~I~~ Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
1
October 2018
IER
Give here brief details of any items that the examiner wishes to disclose .
2
October 2018
IER