## **Trustees’ Annual Report for the period** **From 1 April 2024 To 31 March 2025** **Charity name: The Royal Wessex Yeomanry Association** ## **Charity registration number: 1162030** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote the efficiency of Royal Wessex
Yeomanry personnel by any charitable
means, including fostering_esprit de corps_
and maintaining contact between past and
present members, including antecedent
regiments.
To relieve either generally or individually
persons who are serving or who have served
in the Royal Wessex Yeomanry, or their
dependents, who are in suffering, 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|During this period, the charity has supported
members of the Royal Wessex Yeomanry
with the costs of Adventurous Training,
provided funding to the regiment’s PRI to
support routine spending on social events,
prizes and other beneficial expenditure not
covered by the public purse.
The charity also provided a buffet lunch for
serving and former members of the regiment
attending the annual Cavalry Memorial
Parade in London.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had regard to
the Charity Commission’s guidance on
public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|Grants are made on an ad-hoc basis, with
applications made through the regimental
headquarters or via squadron
representatives using an electronic form,
which is then circulated to the trustees for an
electronic vote, following any discussion
required.| Regular grants are provided to the PRI, but only based on demand, given the tight restrictions placed by the MoD on the use of Non-Public Funds. Trustees make grants based on affordability to the charity and with regard to the charity’s objects. N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
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.|Para 1.20|This has been a very satisfactory period for
the charity. After a period in which income
dwindled and activity, as a result became
unaffordable, income has increased
significantly, along with improving
awareness among the charity’s
beneficiaries.
By demonstrating our ability to financially
support events and activity outside those
funded by the public purse, the value of the
charity has become much more clear to
serving members of the regiment, who are
increasingly willing to approach the trustees
with bids and applications. The resulting
improvements in_esprit de corps_have made
a marked impact on attendance and
retention, promoting the efficiency of the
Royal Wessex Yeomanry.| **Additional information (optional)** You may choose to include further statements where relevant about: ||Achievements against
objectives set|Para 1.41|N/A| |---|---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |---|---|---| |Investment performance
against objectives|Para 1.41|N/A| |Other||N/A| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity’s financial position is much
improved at the end of this period, with
income up over 200% on the previous high
of the last 5 years. Expenditure is up by a
similar factor, but the account balance is still
up by half, providing roughly one year’s
budgeted spend in hand.
The trustees do not expect a further
significant increase in income in the future,
and will take care to prioritise new spending
based on affordability and impact.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |Amount of reserves held|Para 1.22|Reserves are not held| |Reasons for holding zero
reserves|Para 1.22|The charity has no fixed costs or
responsibilities beyond the charitable
objects.| |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|N/A| |Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|
N/A
N/A| |---|---|---| |**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’s income comes largely from
members of the Royal Wessex Yeomanry
under the voluntary “One Day’s Pay”
charitable giving scheme. In addition to
raising funds, this also provides an
opportunity to explain the charity’s objects to
those who are its beneficiaries.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|The key risk facing the charity is the
availability of volunteers to act as trustees
and to maintain momentum in both
fundraising and looking for opportunities to
further the key objectives.
This risk has largely been resolved in the
last year by separating the role of Chair of
Trustees from that of Commanding Officer.
This creates a clearer division between the
serving regiment and the charity as an
independent entity, removes some of the
admin burden from a hard-pressed reservist
CO and allows for better continuity.| |Other||N/A| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation| |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|Appointment by existing trustees| ## **Additional information (optional)** |**Additional information (optional)**|**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|Trustees receive an appropriate induction on
appointment. This includes an overview of
the charity’s purposes, governance
arrangements, key policies, and current
activities. Ongoing training and briefings are
provided as required to ensure trustees
remain aware of their legal duties,
responsibilities, and the operational context
in which the charity operates.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity’s membership are its trustees,
with a nominated Chair and
Secretary/Treasurer managing routine
business. There are no subsidiaries or wider
network.| |Relationship with any related
parties|Para 1.51|The charity maintains a close relationship
with the Royal Wessex Yeomanry, for the
administration of fundraising through the
“One Day’s Pay” scheme and as the
recipient of grants to the regimental PRI
fund.| |Other||N/A| ## **Reference and Administrative details** |Charity name|The Royal Wessex Yeomanry Association| |---|---| |Other name the charity uses|| |Registered charity number|1162030| |Charity’s principal address|Allenby Barracks,
Bovington,
Dorset BH20 6JA| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||AnthonySharman|Chair||| ||James Martin|Secretary||| ||Emma Walsh|Dorset Rep||| ||Robert Kennedy|Wilts Rep||| ||Wayne Price|Glocs Rep||| ||Andrew McDowall|Devon Rep||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** A E SHARMAN **Position (eg Secretary,** CHAIR **Chair, etc) Date** 30 Jan 2026 ## **Section B Balance sheet** |**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09

B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---|---| |||-|-|-|-|-
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approval
Print Name||| |||||A E SHARMAN||30 Jan 26| |||||||| CC17a (Excel) 22/01/2026 1 ||Charity Name|Charity Name|Charity Name|Charity No
(if any)||**CC17a**| |---|---|---|---|---|---|---| ||Annual accounts for theperiod|||||| ||Period start date||**To**|Period end
date||| |||||||| |**Section A**|**Statement of financial activities**|||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total resources expended_**
**_Total incoming resources_**
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||9,281|-|-|9,281|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||9,281|-|-|9,281|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||6,315|-|-|6,315|-| |||-|-|-|-|-| |||-|-|-|-|-| |||6,315|-|-|6,315|-| |||2,966|-|-|2,966|-| |||-|-|-|-|-| |||2,966|-|-|2,966|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||2,966|-|-|2,966|-| |||-|-|-|-|-| |||2,966|-|-|2,966|-| CC17a (Excel) 22/01/2026 2