|O
CHARITY COMMISSION
FOR ENGLAND
AND WALES|O
CHARITY COMMISSION
FOR ENGLAND
AND WALES||RAF Cosford
Officers' Mess|RAF Cosford
Officers' Mess||Chanty|Nc|1165241|| |---|---|---|---|---|---|---|---|---|---| |||||Annual
accounts for||the period|||| |||Pehod start|||||||| |||date|||||||| |~
2|||||||||| |Recommended
categories
activity|by||00c
;0 0
'0 Z
0|unrestricted
funds|Restricted
income
funds|Endowment
funds||Totalfunds|Prior year
funds| |||||f|f||||f| |Incoming resources (Note|3)|||FDI|F02|FD3||F04|F05| |Income and endowments
from:|||||||||| |Ochabchb anc tegaoeh|||Scl|51,181||||51,161|57 569| |Chantable
actihxt/ea|||502|60,907||||60,907|113725| |Other trading actwitiea|||503||||||| |Investments|||504|2,008||||2,008|2068| |Separate material
item of income|||S05||||||| |Other|||505||||||| |||Total|s07|114096||||114096|173463| |Resources expended
(Note 6)|||||||||| |Expenditure on:|||||||||| |Raising funds|||505||||||| |chantable
activities|||Sca|81,705||||81,705|163232| |Separate matenal
item ofexpense|||520||||||| |Other|||St I||||||| |||Total|572|81705||||81705|163232| |Net income/(expenditure)
investment
gains/(losses)|before||SI3|32,391||||32,391|10,231| |Net gains/(losses)
on inveatmenta|||514|3,279||||3,279|6330| |Net income/(expenditure)|||515|35670||||35670|16561| |Extraordinary
items (Note|7)||sta||||||| |Transfers
between funds|||517||||||| |Other recognised
gains/(losses):|||||||||| |Gains ano gobaes) on reve(bat/on
chanty'5
cwn vae|offixed assets for the||ala||||||| |Other gains/(losses)|||St0||||||| |Net movement||in funds|520|35,670||||35,670|16,561| |Reconciliation offunds:|||||||||| |Tctal/vhdh
brb
ght Ibrward|||522|199,252||20 721||219,973|203,412| |Total funds carried||forward|522|234 922||20 721||255 643|219,973| |RAF Cosford
Offirers' Mess
at 30 Nov 2020||u
ot
ro
ol 0
usz
fg 0|Unrestricted
funds|Restricted
income
funds|Endowment
funds|Total this
year|Total last
year|Total last
year| |---|---|---|---|---|---|---|---|---| ||||6|6|6|2||F| |Fixed assets|||F01|F02|F03|F04||F05| |Intangible assets|(Note 15)|001||||||| |Tangible assets|(Note 14)|B02|73,610|||73,610||75,873| |Heritage assets|(Note 16)|B03||||||| |Investments|(Note 17)|B04|44,381||20,721|65,102||61,823| ||Total fixed assets|B05|117,991||20,721|138,712||137,696| |Current assets||||||||| |Stock|(Note 18)|Bgg|2,848|||2,848||4,896| |Debtors|(Note 19)|B07|14,151|||14,151||31,702| |Investments|(Note 17.4)|Boff|33,062|||33,062||31,054| |Cash at bank and in hand (Note 24)||Bog|74,046|||74,046||72,306| ||Total current assets|B10|124 107|||124,107||139,958| |Creditors: amounts
falling due within
one year
(Note 20)||B11|7,176|||7,176||57,681| |Cash at bank and|in hand (Note 20)|Bogr||||||| |Total current liabilities||512|7,176|||7 176||57,681| |Net current assetsl(liabilities)||512|116931|||116,931||82,277| |Total assets less current liabilities||013|234,922||20,721|255,643||219,973| |Creditors: amounts
falling due after||B14||||||| |one year|(Note 20)|||||||| |Provisions for liabilities||B15||||||| |Total net assets or liabilities||B15|234,922||20,721|255,643||219,973| |Funds ofthe Charity||||||||| |Endowment
funds|(Note 27)|B17|||20,721|20,721||20,721| |Restricted
income|funds (Note 27)|B15||||||| |Designated
funds||||||||| |unrestdcted
funds||919|234,922|||234,922||199,252| |Revaluation
reserve||92O||||||| ||Total funds|Bgi|234,922||20,721|255,643||219,973| |Signed by one or two
the trustees|trustees
on behalf cfail|||Signature||Date of approval
dd/mm/yyyy||| ||||Grp Capt G Bryant|||||| |RAF Cosford
Officers' Mess
Year to 30Nov 2020|||| |---|---|---|---| |Net movement
in funds generated|from operations||35,670| |Depreciation
in the year||2,263|| |Disposal ofFixed Assets|||| |Revaluation
of Fixed Assets|||| |Movement
in Stocks/Inventories||2,048|| |Movement
in Debtors/Receivables||17,551|| |Movement
in Creditors/Payables||(50,505)|| |Net movement
in assets and liabilities|||28,643| |Net cash generated
from operations|||7,027| |Investing
Activities|||| |Investment
in Fixed Assets|||| |Changes
in Investments||(5,287)|| |Total for Investing
Activities|||(5,287)| ## |Financing|Activities||||| |---|---|---|---|---|---| |Repayment|of Loans||||| |Total for|Financin|Activities|||| |Total movement||in Cash|at bank and in hand||1,740| |Cash at|bank and|in hand|B/fwd|01 Dec 2019|72,306| |Cash at|bank and|in hand|C/Fwd|30 Nov 2020|74,046| ## ## ## ## ||~||~||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||~
~|||||||| |Note 2||||||Accounting
Policies|||||||| |This standard||||list ofaccounting||policies hos been applied by the chority except for those identified,
"No"or "N/at||||||Where odifferent or|| |||||||additional
po/icy has been adopted
then this isdefoi/ed
in the box below.|||||||| |2L1 INCOME|||||||||||||| |Recognitlon||of|income|||These are included
in the Statement of F nanaal Activities|||||||Yes| |||||||the chanty becomes entitled to the resources;|||||||| |||||||.it is more hkely than not that the trustees
will receive th* resources; and|||||||| |||||||the monetary
slue can be measured
with suff aent reiiabil ty.|||||||| |Offsetting||||||There has been no of/settmgof
assets and
I abiiiues, ormcome
and expenses,|unless required||||||Yes| |||||||or permitted
by the FRS 102SORP or FRS102.|||||||| |Grants and||donations||||Grarts
and
donations
are only included
in the SoFA when
the general
income||recognition|||||| |||||||coterie are met )6.10to S 12 FRS 102SORP)|||||||| |||||||In the case of performance
related grants,
income must only be recognised
to|the|extent||||that|N/A| |||||||the charity
has
provided
the spea(ied
goods or services
as entitlement
to|the||grant|||only|| |||||||occurs when the perfo manes
related conditions
are mat (6.16FRS '102 SORP)|||||||| |Legacies||||||Legacies are included
m the SOFA when
receipt s probable,
that
is, when
there|||has||been||N/A| |||||||grant of probate, the executors
have established
that there are suffiaent assets m|||the|estate|||| |||||||and any conditions
attached tothe legacy are either within the corrtrol ofthe|charity or||||have||| |||||||been met.|||||||| |Government||grants||||The chanty has received government
grants
m the reporting
period|||||||No| |Tax reclaims||on||donations|and|Gift Aid receivable
s ncluded
m income
when there
is a valid declaration
from||the donor|||||N/A| |gifts||||||Any
Gift Aid amount
recovered
on a donation
is considered
to be part of|that||gift|and
is|||| |||||||treated as an addition to the same fund as the initial donation
unless the donor or|||the|terms|||| |||||||of the appeal
have specified otherw se|||||||| |Contractual||income and||||This is only included
in the SoFA once the chanty
has provided
the related
goods||or services|||||N/A| |performance||related grants||||or met the performance
related conditions|||||||| |Donated|goods|||||Donated
goods
are
measured
at fair
value
(the
amount
for which
the|asset||could|||be|N/A| |||||||exchanged)
unless impractical
to do so|||||||| |||||||The cost of any stock of goods donated
for distribution
to beneficianes
is deemed|||to be|||the|N/A| |||||||fair value ofthose gifts at the time of their receipt and they are recognised
on receipt||||In||the|| |||||||reporting
period
in which the stocks are distnbvted,
they are recognised
as an|expense|||at||the|| |||||||carrymg amount ofthe stocks at distnbution.|||||||| |||||||Donated
goods for resale
are measured
at fair value
on
~nitial
recognition,|which||||s|the|N/A| |||||||expected
proceeds
from sale less the expected
costs of sale, and recognised
in 'Income|||||from||| |||||||other trading
activities'
with the correspondmg
stock recognised
in the balance sheet.||||On its|||| |||||||sale the value
of stock
is charged
against
'Income
from other
trading
activities'|||and|||the|| |||||||proceeds from sale are also recogmsed
as 'Income from other tradmg acti
ties'.|||||||| |||||||Goods donated
for on gomg use by the charity
are recogmsed
as tangible
fixed||assets||||and|N/A| |||||||mcluded
in the SoFA as Incommg resources when receivable|||||||| |||||~
e
.
~||||| |---|---|---|---|---|---|---|---|---| |||||Gifts in kind for use by the chanty are|included
in the SoFA as mcome from donations|when||N/A| |||||receivable||||| |Donated|services and|||Donated services and facilities are included
m the SOFA when
received at the value of the gift||||N/A| |facilities||||to the chanty
provided
the value ofthe|gift can be measured
reliably.|||| |||||Donated
servrces and facihties that are|consumed
immediately
are recogmsed
as income|with||N/A| |||||an equivalent
amount
recognised
as an|expense under the appropriate
heading
in the SOFA.|||| |Silpport costs||||The charity has incurred expenditure
an|support costs.|||Yes| |Volunteer||help||The value of any voluntary
help received
is not rncluded
in the accounts
but
is descnbed
m||||| |||||the trustees'
annual
report.||||N/A| |income from interest,||||This
is included
in the accounts
when receipt
is probable
and the amount
receivable
can be||||Yes| |royalties|and dividends|||measured
reliably||||| |Income from membership||||Membership
subscnptrons
received
in|the nature
of a gift are recognised
In Donations||and|N/A| |subscriptions||||Legaaes.||||| |||||Membership
subscnptions
which
gives|a member
the nght to buy services or other benefits|||Yes| |||||are recognised
as income earned
from|the provision
of goods and services as income|from||| |||||chantable
activities.||||| |Settlement||of insurance||Insurance
claims are only included
in the SoFA when the general
income
recognition
cntena||||N/A| |claims||||are met (510to 5 12FRS 102SORP) and|are mcluded
as an item ofother income in the SoFA.|||| |Investment||gains and losses||This mcludes
any realised or unreaiised|gams or losses on the sale of investments
and||any|Yes| |||||gain or loss resulting
from revaluing
investments
to market value at the end ofthe year.||||| |2.2 EXPENDITURE & LIABILITIES||||||||| |Liability recognition||||Liabilities are recognised
where
it is more
kkely than
not that there
is a legal or constructive||||Yes| |||||obligation
committing
the chanty to pay out resources
and the amount
of the obligation|||can|| |||||be measured
w th reasonable
certamty.||||| |Governance||and support||Support costs have been allocated between
governance
costs and other support
Governance||||ves| |costs||||costs compnse
ail costs involving
pubhc|accountabikty
of the chenty
and its compliance|with||| |||||regulation
and good practice.||||| |||||Support costs mclude
central functions
and have been allocated to activity cost categones|||on|Yes| |||||a basis consistent
with the use of resources, eg agocating property
costs by floor areas, or|||per|| |||||capita. staff costs by the time spent and|other costs by their usage|||| |Grants with||perfonnance||Where
the chanty
grves
a grant
with|conditions
for its payment
being a specific
level||of|N/A| |conditmns||||service
or output
to be provided,
such grants
are only
remgmsed
in the
SoFA once|||the|| |||||recipient ofthe grant has provided the speaFied service or output.||||| |Grants payable|||without|Where
there are no conditions
attaching
to the grant
that
enables
the donor
chanty|||to|Yes| |performance||conditions||realistically
avoid
the
commitment,
a|hability
for the
full
funding
oblgation
must||be|| |||||recognised.||||| |||~
~
~|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Redundancycost||The charity made no redundancy
payments
during the reporting
penod.||||||||Yes|| |Deferred|income|No material
item
ofdeferred
income has been included
in the accounts|||||||||| |Creditors||The chanty has creditors which are measured
at settlement
amounts|less any trade discounts|||||||N/A|| |Provisions|for liabilities|A liability is measured
on recogmtion at its historical cost and then subsequently|||measured|||at||Ves|| |||the best estimate ofthe amount
required
to settle the obligation
at|the reportmg||date||||||| |Basicfinancial instruments||The chanty
accounts
for basic f1nanciai
instruments
on 1mtel recogniton||as per paragraph||||||Yes|| |||10.7 FRS 102 SORP. Subsequent
measurement
is as per paragraphs|1117|to 1119,|||FRS 102||||| |||SORP.|||||||||| |2.4 ASSETS|||||||||||| |Tangible|fixed assets for use|These are capitahsed
ifthey can be used for mare than one year, and cost above|||zero|||||Yes|| |by chanty|||||||||||| |||They are valued at cost.||||||||No|| |||The depreaation
rates and methods
used are disctosed
in note 14|||||||||| |Intangible|fixed assets|The chanty has intangible
fixed assets, that
1s, non-monetary
assets|that do|not|have||physical|||No|| |||substance
but
are identifiable
and are controlled
by the
charity|through|custody|||or legal||||| |||nghts. The amortisation
rates and methods
used are disclosed
in note 15.|||||||||| |||They are valued at cost.||||||||N/A|| |Heritage|assets|The chanty
has heritage assets, that is, non-monetary
assets with|historic,|artistic,||scientific,||||No|| |||technological,
geophysical
or environmental
qualities that are held|and mamtained
principsgy||||||||| |||for their contnbution
to knowledge
and culture. The depredation
rates and||methods|||used||as||| |||disclosed
in note 16.|||||||||| |||They are valued at cost.||||||||N/A|| |Investments||Feed asset investments
in quoted shares, traded bonds and similar|investments||are|valued|||at|Yes|| |||1n tiagy at cost and subsequently
at fair value (thmr market value)|at the year end.|||The same|||||| |||treatment
is apphed to unhsted
investments
unless fair value cannot be measured||||reliably|||in||| |||which case it is measured
at cost less impairment.|||||||||| |||Investments
held
for resale
or pending
their sale and
cash
and
cash equivalents|||||with||a|Yes|| |||maturity
date ofless than 1year are treated
as current asset mvestments|||||||||| |Stocks and work in progress||Stocks held for sale as part of non-char table trade are measured|at the lower||or cost or|||net||Yes|| |||realisable
value.|||||||||| |||Goods or services
provided
as part of a charitable
activity
are measured||at|net|reahsable||||Yes|| |||value based on the service potential
provided
by items ofstock|||||||||| |||Work
in progress
is valued
at cost less any foreseeable
loss that
is
likely to|||occur on|||the||Yes|| |||contract|||||||||| |RAF Cosiord|||||||||||| |Officers'|Mess||||||||||| |Year Ending 30 Nov 2020||||||||||ps|so iso| |Oebtors||Debtors )including
trade debtors|and loans receivable)
are measured|on miual|recognition
at|recognition
at|Yes| |---|---|---|---|---|---|---|---| |||settlement
amount
after
any|trade
discounts
or
amount
advanced
by||the|chanty.|| |||Subsequently,
they are measured|atthe cash or other consideration|expected to|be received||| |Current|asset investments|The charity
has has investments|which
it holds for resale or pendmg|their sale|and|cash and|N/A| |||cash equivalents
with a maturity|date less than one year
These include
cash on deposit and||||| |||cash equivalents
with
a maturity|date of less than
one year
held|for investment||purposes|| |||rather than to meet short term cash commitments
as they fall due.|||||| |||They are valued at fair value except where they quahfy as basic finanoal
mstruments|||||N/A| |Policies|adopted additional to or different from those above||||||| |Note 3|||Analysis|Analysis|of income|of income|of income|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||Unrestricted|Restricted|Endowment|Total funds|Pdror year| |||||||||||||funds|income|funds||funds| ||||||||||||||funds|||| ||||||Anal sis||||||||6|||| |Donations||Donations
and||rhs||||||||||||| |and legacies:||Gift Aid||||||||||||||| |||Legaaes||||||||||||||| |||General|grants
provided|||by governmentlother||||charities||||||| |||Membership
subscnptions
in substance
dungeons||||snd sponsorships||||which|are|51,181|||51,181|57.669| |||Donated|goods,|facilaies||and|services|||||||||| |||Other donations||and le||acies||||||||||| ||||||||||||Total|51,181|||51 181|57669| |Charitable||Bar Income||||||||||27 426|||27 426|69688| |activities:||Function
Income||||||||||30601|||30601|39445| |||Gamin|Machines||Income|||||||||||| |||Maintenance
Income||||||||||2430|||2430|3 943| |||Wi-Fi||||||||||||||| |||Sund|Income|||||||||||||| |||Refreshment
income||||||||||450|||450|650| ||||||||||||Total|60907|||60 907|113726| |Othertrading||||||||||||||||| |activities:||||||||||||||||| ||||||||||||Total|||||| |Income from||Interest|income|||||||||||||2 068| |investments:||Dividend|income|||||||||2008|||2 008|| |||Rental and leasrn|||income|||||||||||| |||Other investment||income||||||||||||| ||||||||||||Total|2,008|||2 008|2 068| |Separate||||||||||||||||| |material|item|||||||||||||||| |of income:||||||||||||||||| ||||||||||||Total|||||| |Other:||Conversion
ofendowment||||funds||into income||||||||| |||Gain on|disposai|ot s tangible|||fixed asset||held for|||||||| |||charity's|own uss|||||||||||||| |||Gain on|disposal|of a programme||||related|investment|||||||| |||Rcyalbes from the exploitation|||||of|intellectual||property||||||| |||ri hts||||||||||||||| |||Other - Other Income||||||||||||||| ||||||||||||Total|||||| |TOTAL INCOME||||||||||||114096|||114096|173463| |Note 5|Donated goods,|facilities and serv|ices| |---|---|---|---| |||This year
f|Last year
f| |Seconded staff|||| |Use ofproperty|||| |Other|||| |Please provide details|ofthe||| |accounting
policy for|the recognition||| |and valuation
ofdonated goods,|||| |facilities and services.|||| |Please provide details|ofany||| |unfulfilled
conditions|and other||| |contingencies
attaching
to resources|||| |from donated goods and services not|||| |recognised
in income.|||| |Please give details of|other forms of||| |other donated
goods and services not|||| |recognised
in the accounts, eg|||| |contribution
ofunpaid|volunteers.||| |fsote 6||Analysis ofexpenditure|Analysis ofexpenditure|Analysis ofexpenditure|Analysis ofexpenditure|Analysis ofexpenditure||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Unrestricted|||Restricted|Endowment|Totslfunds|Prior year|| |||||Analysis|||||||funds|||income
tullds|funds||funds|| ||||||||||||6|||6|6|||| |Expenditure|on|incurred
seekin|donations|||||||||||||||| |raising funds:||Incurred
seekin|le|acies||||||||||||||| |||Incurred
seekin|rants|||||||||||||||| |||0 cretin
membershi
schemes|||||and||social|||||||||| |||Sta
in
fundrsisin||events||||||||||||||| |||Fudrsisin
a ents||||||||||||||||| |||0 sratin
chant|sho s|||||||||||||||| |||0 sratin
8 tradin||com|an|-non-charitable||||||||||||| |||Advertisin
markstin||direct||mail||and||ubkci||||||||| |||Start u
costs incurred
in|||eneratin||||new source of|||||||||| |||Database develo||ent costs||||||||||||||| |||Other tradin
activities||||||||||||||||| |||Investment
mana|ament||costs|||||||||||||| |||Portfolio mana
ement costs||||||||||||||||| |||Cost ofobtsinin|investment|||advice||||||||||||| |||Investment
administration|||costs|||||||||||||| |||Intellectual
ro ert||licencin||costs||||||||||||| |||Rent coaection|ro|ert|re airs||maintenance|||||||||||| |||Total||expenditure|||on||raising funds|||||||||| |Expenditure|on|Bar|||||||||22,946|||||22,946|54,168|| |charitable||De remotion|||||||||2,263|||||2,263|2,|123| |activities||Functions|||||||||46,275|||||46,275|85,218|| |||Grants made||||||||||650|||||1,500|| |||Inde endent
Examination||||||||||729||||729|708|| |||Insurance||||||||||772||||772||805| |||Maintenance|||||||||2|399||||2,399|8,375|| |||News
3 ers|||||||||1,460|||||1,460|4,197|| |||Performin
Ri hts|||||||||1,011|||||1 011|1 010|| |||Posts e||||||||||||||||| |||Presentations|||||||||||50|||||| |||Refreshments|||||||||1|577||||1,577|1,701|| |||Sund|||||||||||||||1,284|| |||TV Licences snd|Subscri||tions|||||||983||||983|2,138|| |||YYFFi I Internet||||||||||590||||590||| |||Total expenditure|||on|chantable||||activities||||||||| |Separate material||Exlracrdina
items||||||||||||||||| |Item ofexpense||||||||||||||||||| |||Total separate|||material|||item ofexpense||||||||||| |Other||||||||||||||||||| ||||||Total||other||expenditure|||||||||| |TOTAL EXPENDITURE|||||||||||81||706|||81 '705|163232|| ## |Please explain|the nature ofeach extraordinary|item occurring in the period.|item occurring in the period.||| |---|---|---|---|---|---| ||Description|||This year
f|Last year| |Extraordinary|item 1||||| |Extraordinary|item 2||||| |Extraordinary|item 3||||| |Extraordinary|itefn 4||||| |||Total extraordinary|items||| |||||Amount|received|received||Amount|paid out|paid out|Balance|Balance| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||held at|cried end| |Description/name||of party|Related
party (Yes|This year||Last|year|This year||Last year|This year|Last year| ||||or No|||||||||| |Contractor Pey as||you dine|No|47,007||62,297||46,883||63,136|5,467|5,591| |Subscripiions
behalf of other|collected on
charities||Yes|13,563|||9,317|13.266||9,744|761|1,058| ||||No|||||||||| ||||No|||||||||| ||||No|||||||||| ||||Total|60,570||71,614||60,149||72,880|6,228|6,649| ||||Balance held at|erlod end| |---|---|---|---|---| |Descriptionlname|of|party|This year|Last year| |Supportcost|Raising|funds|Furthering
Objectives|Activity|2|Activity|3|Grand|total|Basis oi
allocation| |---|---|---|---|---|---|---|---|---|---|---| |(examptesj||||||||||ioescribe| |||||||||||method| |Governance||||||||||| |Other||||||||||| |Total||||||||||| |||||||||This year
f|Lastyear
E| |---|---|---|---|---|---|---|---|---|---| |Independent|examiner's||fees|||||729|708| |Assurance|services|other than audit or independent|||examination||||| |Tax advisory fees|||||||||| |Other fees|(for example:||financial|advice, consultancy,||accountancy|services) paid||| |to the independent||examiner|||||||| |11.3Ex-gratia payments
to employees|11.3Ex-gratia payments
to employees|11.3Ex-gratia payments
to employees|and others (excluding trustees)|||| |---|---|---|---|---|---|---| |Please complete ifan ex-gratia|||No ex-gratia payments||have been made|| |payment ismade.||||||| |Please explain the nature ofthe||||||| |payment||||||| |Please state the legal authority|or|||||| |reason for making the payment||||||| |Please state the amount ofthe payment||||||| |(orvalue ofany waiver ofa right to||an||||| |asset)||||||| |11.4 Redundancy
payments||||||| |Please complete ifany redundancy||or||||| |terminauon
payment is made in
period.|the||No Redundancies|during||the period| |Total amount ofpayment||||||| |The nature ofthe payment (cash, asset||||||| |etc.)||||||| |The extent ofredundancy
funding
atthe||||||| |balance sheet date||||||| |Please state the accounting
policy for||||||| |any redundancy
or termination||||||| |payments||||||| |13.1 A|nalysis ofgrants|paid tinclud|ed
in cost ofch|aritable|activities)|||| |---|---|---|---|---|---|---|---|---| ||||Grants to||Grants to|||| ||Analysis||institutions||individuals|Supportcosts|Total|| |Junior|Ranks Christmas|Party||350||||350| |Senior|Citizens Christmas|Party||300||||300| ||Tolal|||650||||650| ## |||||Freehold land|Other land &|Plant,||Fixtures,|Fixtures,|Total| |---|---|---|---|---|---|---|---|---|---|---| |||||IL buildings|buildings|machinery|and|fittings|and|| |||||||motor vehicles||equipment||| |At the beginning
the year||of||||||81,353||81,353| |Additions||||||||||| |Revaluations||||||||||| |Disposals||||||||||| |*||||||||||| |Transfers||||||||||| |At end ofthe|year|||||||81,353||81,353| |14.2 Depreciation|||and|impairments||||||| ||**Basis|||SL|SL|SL||SL||Straight
Line| |||||||||||("SL")or| |||||||||||Reducing| |||||||||||Balance| |||||||||||("RB")| ||||Rate|||||||| |At beginning|of|the|||||||5,480|5,480| |year||||||||||| |Disposals||||||||||| |Depreciation|||||||||2,263|2,263| |Impairment||||||||||| |Transfers*||||||||||| |At end of the|year||||||||7,743|7,743| |14.3Net book value||||||||||| |Net book value at the
beginning
ofthe year||||||||75,873||75,873| |Net book value
end ofthe year||at the||||||73,610||73,610| ## ## ||||Research a|Patents and|Other|Total| |---|---|---|---|---|---|---| ||||development|trademarks||| |At beginning|of the|year||||| |Additions||||||| |Disposals||||||| |Revaluations||||||| |Transfers||||||| |At end ofthe|year|||||| |15.2Amortisation||and impairments||||| |||**Basis|SL|SL|SL|Straight Line| |||||||("SL")or| |||||||Reducing| |||||||Balance| |||||||("RB")| |||**Rate||||| |At beginning|ofthe|year||||| |Disposals||||||| |Amortisation||||||| |Impairment||||||| |Transfers*||||||| |At end ofyear||||||| |15.3Net book value||||||| |Nat book value at the||||||| |beginning
of|the year|||||| |Net book value at the end||||||| |of the year||||||| ## ## |Note 16||Heritage assets|Heritage assets|Heritage assets||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Please complete||this noieifthe charity||hes|heritage||assets|||||| |16.1 General|disclosures
for ail charities|||holding||heritage assets||||||| |ll)
Explain the nature and scale of||||||||||||| |heritage assets held.||||||||||||| |lii)
Explain|the policy for the|||||||||||| |acquisition,|preservation,|||||||||||| |management|and disposal of heritage|||||||||||| |assets.||||||||||||| |16.2 Cost or|valuation|||||||||||| ||||Heritage asset||||Heritage asset|Heritage asset|Heritage asset|Total||| ||||||1||2|3|4|||| |At begmning|of the year|||||||||||| |Additions||||||||||||| |Disposals||||||||||||| |Revaluations||||||||||||| |Transfers *||||||||||||| |At end ofthe|year|||||||||||| |16.3Depreciation||and impairments||||||||||| ||||**Basis||||||||Straight|L ne| ||||||||||||CSI ")|or| ||||||||||||Reduong|| ||||||||||||Balance|| ||||Rate|||||||||| |At beginmng
of the year||||||||||||| |Disposals||||||||||||| |Depreciation||||||||||||| |Impairment||||||||||||| |Transfers'||||||||||||| |At end of year||||||||||||| |16.4 Net book value||||||||||||| |Nat book value at||the beginning|ofths|||||||||| |year||||||||||||| |Net book value at||the end ofthe year||||||||||| |At valuation|At cost Group|Tots I| |---|---|---| |Group A|6|| |16.9 Five year summary|16.9 Five year summary|of heritage|assets transactions||||| |---|---|---|---|---|---|---|---| ||||2020|2019|2018|2017|2016| |Purchases|||||||| |Group A|||||||| |Group B|||||||| |Group C|||||||| |Other|||||||| |Donations|||||||| |Group A|||||||| |Group B|||||||| |Group C|||||||| |Other|||||||| |Total additions|||||||| |Charge for impairment|||||||| |Group A|||||||| |Group B|||||||| |Group C|||||||| |Other|||||||| |Total charge for|impairment||||||| |Disposals|||||||| |Group A - carrying|amount||||||| |Group B-carrying|amount||||||| |Group C|||||||| |Other|||||||| |Total diepcsals|||||||| ## ## |||||Listed
investments|Listed
investments|Cash &cash
equivalents|Investment
Social
properties
investments|Investment
Social
properties
investments|Other|Total|Total| |---|---|---|---|---|---|---|---|---|---|---|---| |Carrying
(lair) value at|begInntng|of|||61,623||||||61,823| |petted|||||||||||| |Add: additions
to investments
during|||||||||||| |period*|||||||||||| |Less: dIspoaais at carrying value|||||||||||| |Less: impairments|||||||||||| |Add: Reversal ofimpairments|||||||||||| |Addi(deduct):
transfer|inl(out) in|the|||||||||| |penod|||||||||||| |Add/(deduct):
net gain/(loss)
on|||||3,279||||||3,279| |revaluation|||||||||||| |Carrying
(fair) value at|end ofyear||||65,102||||||65,102| |*Please specify additions
resulting||||from|||||||| |acquisitions
through|business|combinations,
if|||||||||| |any.|||||||||||| |Please nate that Fair|Ifslue in this||context is the amount for which an asset could be exchanged|||||||between|| |knowlegeble
end willing partiesin|||an arm's length|||transaction.|For traded securities, the Fair valueis the value||||| |offhe security quoted|an the London Stock Exchange Daily Official Listorequivalent||||||||For other|assets|where| |thereis no market price on a traded||||market, itis the trustees' orvsluers' besl estimate|||||offair value.||| |17.2 Please provide|a breakdown|||of investments
shown above agreeing||||with the balance|||| |sheet row B04differentiating||between|||those|held at fair value and those||held at cost less|||| |impairment.|||||||||||| |Analysis of investments|||||||||||| ||||||||Fair value at year and||Coat less impairment||| |Listed investments||||||||85,102|||| |Cash &cash equivalents|||||||||||| |Investment
properties|||||||||||| |Social investments|||||||||||| |Other investments|||||||||||| |Total||||||||65,102|||| |Grand total (Fair value|at year end+Cost less impairment)||||||||||65,102| |17.3 Ifyour charity holds investment|17.3 Ifyour charity holds investment|proper| |---|---|---| |(i)
Explain the methods
and significant||| |assumptions
in determining|the fair value of|| |investment
property
held by the charity||| |(ii)
Name or independent|valuer,
ifapplicable,|| |and relevant
qualifications||| |(lii)
Provide details ofany|restrictions|on the| |ability to realise investment|property or|on the| |remittance
of income or disposal proceeds||| |(iv)
Explain any contractual
obligations||for the| |purchase,
construction
or|development|of| |investment
property
orfor|repairs, maintenance|| |or enhancements||| |17.4 Please provide a breakdow
balance sheet.|n
of|current asset inv|estments,
ifapplica|ble,
agreei|ng
with the|| |---|---|---|---|---|---|---| |Analysis of current asset|||This year||Lsstyear|| |investments||||||| |Cash or cash equivalents||||33.062||31,054| |Listed investments||||||| |Investment
properties||||||| |Social investments||||||| |Other investments||||||| |Total||||33,062||31 054| |17.5 Guarantees||||||| |Please provide details and amount|of any|||||| |guarantee
made toor on behalf of|a third|party||||| |Name ofthe entity or entities benefitting||from||||| |those guarantees||||||| |Please explain how the guarantee|furthers the|||||| |charity's
aims||||||| |17.6Concessionary
loans||||| |---|---|---|---|---| ||Descri pffon||This year E|Last year E| |Amount ofconcessio nary loans made (Muni pfe||||| |loans made msy be disclosed in aggregate
provided||||| |that such aggregation
does sof obsure significant||||| |information).||||| |||Total||| |Amount ofconcessionary
loans received
fmclffple|Descripfion||This year E|Last year E| |loans received msy be disclosed In aggregate||||| |provided that such aggregation
does not obsurs||||| |signfffcsnf isformstionl.||||| |||Total||| |Terms and conditions
eg interest rate, security||||| |provided||||| |Value of any concessionary
loans which have||||| |been committed
but not taken up at the reporting||||| |date||||| |Amounts
payable
within
1 year||||| |Amounts
payable after more than
1 year||||| |Amounts
receivable
within
1 year||||| |Amounts
receivable after more than
1 year||||| |17.7 Additional
information||||| |Please provide
information
about the significance||||| |of investments
tothe charity's
financial
position||||| |or performance
eg.terms and conditions of loans||||| |or the use of hedging to manage financial
risk.||||| |Forag investments
measured
at fair value, the||||| |basis for determining
the value, including
any||||| |assumptions
applied when using a valuation||||| |technique.||||| |Where a charity has provided
financial assets as||||| |a form ofsecurity, the carrying amount
oFthe||||| |financial asset pledged as security and the terms||||| |and conditions
relating to its pledge.||||| |||||Stock||Donated|goods|| |---|---|---|---|---|---|---|---|---| |||||||||Work in| ||||For|For|resale|For|For resale|progress| ||||distribution|||distribution||| |Charitable|activities:|||||||| |Opening|||||4,896|||| |Added in period||||||||| |Erpenaed in period|||||(2,048)|||| |Impaired||||||||| |Closing|||||2,$48|||| |Other trading||activities:||||||| |Opening||||||||| |Added in period||||||||| |Evpensedin|period|||||||| |Impaired||||||||| |Closing||||||||| |Other:||||||||| |Opening||||||||| |Added in period||||||||| |Expensed in period||||||||| |Impaired||||||||| |Closing||||||||| |Total this|year||||2,848|||| |Total previous||year|||4,696|||| |This|year|Last year| |---|---|---| ||13,712|21,252| ||439|10,450| ||14,151|31,702| ||This|year|Last|year| |---|---|---|---|---| |||9||9| |Total||||| ## |20.1 Analysis of cred|itors|||||||| |---|---|---|---|---|---|---|---|---| ||||Amounts|falling due||Amounts|falling due after|| ||||within one year|||more|than|one year| ||||This year||Last year|This year||Lastyear| ||||8||8|6||6| |Accruals for grants|payable|||||||| |BanK loans and overdrafts||||||||| |Trade creditors|||51||53,956|||| |Payments
received|on account for contracts or|||||||| |performance-related|grants|||||||| |Accruals and deferred income|||6,688||2,679|||| |Taxation and social|security||437||1,046|||| |Other creditors||||||||| |||Total|7,178||57,681|||| ## ## ||This|ear|Last|ear| |---|---|---|---|---| |||74,046||72,306| |Total||||| |||0
OI|||||OI|"0|I0||OI
N| |---|---|---|---|---|---|---|---|---|---|---|---| |||L
OO|||||s||CO||CO| |||itl
C||IC||'00|N||||| ||||||||OI||||| |||||C||N
0
CO|N
00||||| |||ls||||OO
0|||||| |||||0|||||||| |||ttf||4!||lfl|||||| |||C
L4!||0||IOlI-|||||| |||0
L||Et||4I|||||CC| |||«0
0
,OI||CO
4!
itlQ||000
IU|||||tD| |||||Ol
,t|||||||| |||0t
ttl
Cl0||0||0E00|||||CU| ||||||||Ol4!0||I|0!
tO|CV
Cf| ||n
0
0C.
4!
0
UL|4!
oN
'0
0
CL
Ol
0||,0
I
0
CO||IL|CO
Ol|yl «0
NC0
0
I|CO
Pl
00
IOEE0
E3|CV
Of
4
0
00.0
CO00|C4
C!
0
0
IL
Ol0I-| ||0
OllL
t|IO||||||CL
0
CO
4!
itl0Q|E|Ol
'O
E0
4!|| |0V
N
'O|0
E
Ol
IO
C
S
Ol
**0**|C
IO
OI
IO
E
O
0
C
0|0
IO
4!
0
CO
0
0
CI|lt'0
C
Q||||Q
Ul
IU
~ Q
Q 2
4I 0
0.~
I|LL
0
UJ0.|Ol
CD
Uf|| |IO||0|0||||||||| |U|||||||||||| ||CO
E|0|0|C
4I|||||0|4!
'00|| |CO
OI0
44|N
ua
44
CO|0OI
tO
IO
NC
0. 0||Q
Ul0.
0
4!
Y|ON|||Ol0
E
L'00
LL|Ol
OlOI
00
U|LL
00
4!
CO0|Ol
0| ||||Reason|for transfer and where endowment|is converted to|Amount| |---|---|---|---|---|---|---| |||||income, legal power for its conversion||| |Between|unrestricted|and||||| |restncted|funds|||None||| |Between|endowment|and||||| |restncted|funds|||None||| |Between|endowment|and||||| |unrestricted
funds||||None||| |remuneration
or other|benefits paid to|a trustee by the c|harily|or any instituti|on
or company connected|on
or company connected|withit||| |---|---|---|---|---|---|---|---|---|---| ||||||Amounts
paid or||benefit value||| |||||||This year|||Lastyear| |Name oftrustee||Legal authority
(eg
order, governing
document)||Remuneration|pension
contrlbuuon|Redundancy
gncludlng
loss of|Other|TOTAL|TOTAL| |||||||emcey|||| |Please give details of|why remuneration|or other|||||||| |employment
benefits|were paid.|||||NIA|||| |Where an exgratia payment has been made ro a trustee,|||||||||| |provide an explanation|ofthe nature ofthe payment.|||||NIA|||| ## |True' in the box prov|ided.|||| |---|---|---|---|---| |There have been no|related party transactions
in the reponlng|period (True or False)||FALSE| |Name ofthe trustee
or related party|Retationship
to charity
Description ofthe
transaction(s)|Amount
Balance at
period end|Provision
for bad
debts at
period end|Amounts
written off
during
reporting
grind
Total| ## ## ## ||||||SORP reference|| |---|---|---|---|---|---|---| |Summary||ofthe purposes||of|PBCB 1 17|The promotion
of military
efficiency by the| |the charity as set out|||in its|||provision
and support ofsocial, sporting
and| |governing||document||||other facilities for the effiaency and well-being
of Servicemen
and Servicewomen.
The objects| |||||||also extend to making grants to any activity| |||||||which
in the opinion ofthe trustee
is in| |||||||furtherance
ofthe objectives ofthe charity.| |||||||This object presents the Trustee with wide| |||||||powers, enabling
them to provide charitable| |||||||assistance
to all elements
ol the Royal Air| |||||||Force Community;
internal
subsidy of mess| |||||||activities and grant-making
an: the Royal Air| |||||||Force Cosford Officers' Mess principal| |||||||means of delivering
this charitable assistance.| |Summary
activities||ofthe main
in relation to those|||Para 1.17and
1.19|This Fund derives public benefit as it assists
in
Royal Air Force personnel
with the| |purposes
for the public
benefit,
in particular,
the
activities, projects or services
identified
in the accounts.||||||necessary
skills to carry out the Royal Air Force
contribution
to the Defence of the United
Kingdom
and its interests. Service Funds are
established
for the benefit of Service personnel
to promote
military efficiency which underpins| |||||||esprit de corps and team working,
and they help| |||||||to encourage
personnel to develop the| |||||||character,
spirit and attitude
to face challenges| |||||||and danger associated
with military service. As| |||||||a result the Fund derives a benefit to the general| |||||||public
in helping to provide personnel
who are| |||||||motivated,
have high morale and are willing to| |||||||serve the needs of their country
and that of its| |||||||public, at sll times.| |||||||The above statement
has been agreed by RAF| |||||||Air Command
HQ Service Funds staff and the| |||||||Charity Commission.
Through
instruction| |||||||supplied
by Air Command
staff, the trustee has| |||||||paid due regard to the guidance
issued by the| |||||||Charity
Commission
on public benefit.| |Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Pw8 1.18|The trustee with assistance
frOm Air Command
Staff has paid dus regard to the guidance
issued
by the Charity Commission
on public benefit|The trustee with assistance
frOm Air Command
Staff has paid dus regard to the guidance
issued
by the Charity Commission
on public benefit|The trustee with assistance
frOm Air Command
Staff has paid dus regard to the guidance
issued
by the Charity Commission
on public benefit| |---|---|---|---|---|---|---|---|---| |Commission|||on public|||||| |benefit||||||||| |Additional|||information|(optional)||||| |You ma||choose to include|||further statements|where relevant
about:||| ||||||SORP reference|||| |||||||Prior to the end of the FYthe Financial||| |Policy on||grant making|||Para uss|Plan/Budget
is proposed
to the Membership
at
EGM. The Plan details the proposed
budget for
the new FY including
grants, subsidies
and any||| |||||||capital expenditure
tor ratification
by the||| |||||||membership.
If agreed at the EGM, minutes||are| |||||||the distributed
to the Trustee for f/nal
ratrfrcation||| |||||||and approval. The Mess Committee
holds||| |||||||monthly
meetings
to discuss finance and AOB
linked lethe mana
ement ofthe Mess.||| ||||||Para 1.SS|||| |Policy on|social investment|||||N/A||| |including|program
related|||||||| |investment||||||||| ||||||Pars 1.3B|||| |Contribution|||made by|||N/A||| |volunteers||||||||| |Other||||||N/A||| ## |Achiev|ements
and Pe|rformance|| |---|---|---|---| |||SORP rs/ersnce|| ||||The Oflicers' Mess at RAF Cosford aims to fund,| ||||Ihrough
member
subscriptions,
investment| ||||income and bar profits, expenditure
on formal| |Summary
ofthe main
achievements
ofthe charity,||Para 1.20|snd
i~formal social functions,
sports facilities,
sdmlnistrst1cn
and support to Station Charities,| |identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.|||The annual
financial
plan, ratified by members,
also allows supported
requests
for financial
assistance
towards
various projects for the
benefit ofOfficers, for example Mess
Improvements,
which this year expended f237
on Console Games etc.| ||||Each year the Mess agrees to grant sums of| ||||money to events and activities on the unit which| ||||benefit ths wider service community.
This year| ||||the Officers' Mess supported
the local Senior| ||||Citizens
Chrtistmas
function (f300) and the Junior| ||||Ranks' Christmas
Lunch (f350).The Mess also| ## |Finan|cia|l
Review|l
Review|l
Review|l
Review||||| |---|---|---|---|---|---|---|---|---|---| |Review|of|the charity's|||||Pard 1.21|A revenue
profit of232392 arose on|| |financial|position|||at|the end|||Income
of284472 - principally
dus to Mess Subs|| |ofthe period||||||||exceeding
Fin Plan sxpsctaticns
and CV-19event
cancellations.|| |Statement||explaining|||the||Para 1.22|The Mess aims to hold reserves of around 3|| |policy for holding
stating
why they||||reserves
are held'||||months
expenditure
to cover working
capital
needs and to mitigate ths short notice
cancellation
ofone or more major social|| |||||||||functions.|| |Amount|of|reserves|||held||Para 1.22|213750,00|| |Reasons for holding|||||zero||Para 1 22|N/A|| |reserves|||||||||| |Details|offund materially|||||in|Para 1.24|Nil.|| |deficit|||||||||| |Explanation|||of any||||Para 1.23|Nil.|| |uncertainties|||about the||||||| |charity continuing||||as a going|||||| |concern|||||||||| |Additional|||information|||(optional)|||| |You ma|choose|||to|include further statements|||where relevant
about|| |||||||||Principal
funding
is from Mess Membership|| |The charity's
principal
sources of funds
(including
any fundraising)|||||||Para 1.47|aubacriptions
whilst further income is received from
bar trading
and investment
dividends/interest.|| |||||||||To meet the over-riding
need of regular on-going|| |Investment
policy and
objectives
including
any
social investment
policy
adopted|||||||Para 1.46|specified annual
income —increasing
with
inflation,
the RAF Cosford Officers Mess
Investment
strategy/policy
is to have a diversified
portfolio across established
UK and world equity
markets
with abias towards
equities that offer|| |||||||||growth
and yield. Furthermore,
money
is held|in| |||||||||aCOIF Deposit Fund gaining
maximum
interest,|| |||||||||but ensuring
monies are readily available
if|| |||||||||required.|| |||||||||The two main aims of holding
investments
are|to| |||||||||cover the Contigent
Liability/Permanent|| |||||||||Endowment
220.7k snd also to generate
income|| |||||||||to help offset annual expenses
ofthe Officers|| |||||||||Mess,|| |||||||||Tocontinue to meet the stralegic and operational|| |A description|||ofthe principal|||||objectives ofthe Mess the Trustee has given|| |risks facing|||the charity||||Para 1.46|consideration
to any major risks to which the
Charity
may be exposed. He is satisfied that|| |||||||||systems
and procedures
have been established|| |||||||||in order tc manage these risks. This is done|| |||||||||through
the means ofa Service Funs Internal|| |||||||||Audit Board, convened at the start of each FY|to| |||||||||carry out internal
arithmetical
and management|| |||||||||audit ofthe Charity.
In addition
the Trustee|| |||||||||maintains
a Risk Register detailing those areas|| |||||||||which may give rise to concern presently
and|in| |||||||||the future. Risks have been identified,
analyaed|| |||||||||and assessed according to their impact and|| |||||||||likelihood
of occurrence. Systems
have been
implemented
to mitigate these risks and are|| |||||||||monitored
on a regular basis. The main
risks|| |||||||||over the year were:|| ||Potential
Riekr||| |---|---|---|---| ||Assets Flick: Assets are misappropriated.||| ||INitigation:||| ||Property and stock checks conducted
along||with| ||Audit Board checking
regulatory
compliance.||| ||Potential
Risk:||| ||Training Deficiency: Untrained||| ||President/Chairman
of Mess Committees||| ||(PMC/CMC) or Officers
in Charge of Funds||| ||(Oica).||| ||Mitigation:||| ||OC Accts Fit provides
briefing and ongoing||| ||guidance to all PMC/CMC
and OICs.||| ||Potential
Risk:||| ||Change
ofContractor —Lack of information||and| ||staff training
with process ofchangeover|lacking|| ||fluidity and coherence.||| ||Mitigation:||| ||OC Accts Fitto maintain
strong working||| ||relationship
with contractor especially
the|Mess|| ||Clk, Mess Manager and General Manager.||| ||Potential
Risk:||| ||CV-19 and the impact on the Charities
income||| ||lines.||| ||llllitigation:||| ||The Officers Mess has been conservative|with its|| ||new Fin Plan for FV 20/2t and made the||| ||membership
aware of difficulties
currently|being|| ||managed.
Regular Mess Committee
meetings||| ||continue
with minutes
distributed
to all members||| ||with other electronic media being utilised|to|| ||ensure
information
flows freely.||| |Other|N/A||| ## |Description|Description|Description|of charity's|of charity's|||| |---|---|---|---|---|---|---|---| |trusts:|||||||| |Type of|governing
document||||||Constitution| |How is the charity||||||Para 1.25|Unincorporated
Association| |constituted?|||||||| |Trustee|selection methods|||||Para 125|Ths Station Commander
at Royal Air Force| |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|||||||Cosford is appointed
as sx-officio
Trustee of all Service Funds at Royal Air Force
Cosford. Appointment
of Station
Commanders
is controlled
by the Royal Air
Force (ACOS Manning),
based at Headquarters
Air Command
RAF High Wycombe.| |Additional|||information||{optional)||| |You ma||choose to include||||further statements|where relevant
about| ||||||||Trustees are offered informal
training as part of| |Policies|and|||procedures|||their induction
at HQ Air Cmd by Service Funds| |adopted
training|for the induction
oftrustees.||||and
Para 1.51||Policy personnel.
They are given a brief
explaining
their roles and responsibilities
and
issued Charities Commission
Booklet 3 —The| ||||||||essential Trustee. Trustees ars also strongly| ||||||||advised to attend a Trustee Training
Day which| ||||||||he has completed.| ||||||||The Trustee delegates
the dsy to day| |The charity's
structure
and
network
with
charity works||||organisational
any wider
which the||Para 1.51|management
and control of the Otficers' Mess
together with the authority
fodisbursement
of
grants and loans to a management
committee
chaired
by the President
ofthe Mess Committee
(PMC) who is appointed
by the Trustee.| ||||||||Members
ofthe committee are appointed
from| ||||||||each of the working areas or sections of the| ||||||||unit. However,
all management
decisions,| ||||||||acquisitions
and expenditure
are subject to the| ||||||||Trustee approval
by signature
via the minute| ||||||||book. Committee
meetings take place each| ||||||||month.| ||||||||The budget for the next financial year is set in| ||||||||November
by the Committee
for approval
by the| ||||||||Mess Members
at a General Meeting. The| ||||||||Annual
General
Meeting
ratifies the Annual| ||||||||Audited
Accounts ofthe Mess. Minutes are| ||||||||taken at each Committee
and General
meeting,| ||||||||and are electronically
circulated to reach the| ||||||||Trustee
within 10working days ofthe meeting for| ||||||||his approval.| ||||||||As Trustee of all Service Funds at Royal Air| ||||||||Force Cosford, the Station Commander| ||||||||also hss responsibility
for one other separately| ||||||||run Service Fund registered
charity, namely the| ||||||||Royal Air Force Cosford Warrant
Officers' and| ||||||||SNCOs' Mess.| ||||||||He is also trustee for the Royal Air Force Cosford| ||||||||Junior Ranks Welfare Fund and a number| ||||||||ofother sporls/society/welfare
fund termed| ||||||||'banked
funds' which are excepted charities| ||||||||under Statutory
Instrument
1056/65.| ||||||||The Trustee has continued
a ~ra ramme of| |||||||work to identify procedures
to mitigate
nsk and| |---|---|---|---|---|---|---| |||||||to minimise
potential
impact should
risks| |||||||materialise.
A Service Funds internal
Audit| |||||||Board is also convened
al the start of each| |||||||finanmal year to carry out a quarterly
internal| |||||||arithmetical
and management
audit ofthe
ebsnty| |||||||As Trustee ot Service Funds at RAF Cosford the| |||||||Stn Cdr also has responsibility
for one other| |Relationship
parties|with|any|related|Para|i.51|separately
run Service Funds registered
Charity,
namely
the RAF Cosford Warrant
Officers and| |||||||Sergeants Mess. He is also Trustee for the RAF| |||||||Cosford JRWF and a number ofother| |||||||aport/society/welfare
funds termed Banked| |||||||Funds, which are deemed Excepted Charities| |||||||under Statute
Instrument
I056/65.| |Other||||||Compkance
with the Charity Governance
Code
(Organisational
Purpose,
Leadership,
Integrity,
Decision Making,
Risk and Control, Board| |||||||Effectivness,
Diversity, Openness
snd| |||||||Accountability):| |||||||As detailed above the Officers IViess is managed
by a PMC appointed
by the Trustee. The| |||||||committee
is clear about the chanties
aims and| |||||||purpose ensuring
they are delivered
effectively.| |||||||Regular meetings
are held to review financial
and| |||||||administrative
tasks and achieving
their| |||||||charitable
goals. Minutes/RODs
are taken at| |||||||each meeting
including
EGM and AGM these are| |||||||circulated to the Trustee for approval.
Risks are| |||||||actively managed
through a Risk Register and| |||||||regularly
reviewed
and updated as necessary.| |||||||The Trustee is also satisfied that systems
and| |||||||procedures
have been established
to manage
these risks through
the Service Funds
Internal| |||||||Audit Board. The Trustee and Officers Mess| |||||||Committee act with integrity
and are aware that| |||||||they have ultimate
responsibility
for the Chadties| |||||||funds and assets, including
its reputation.
They
act in the best interest ofthe Charity
and have| |||||||implemented
a Conflict of Interest policy, which| |||||||every Committee
Member must adhere too and| |||||||si nu
on takin
u
theirres
ective roles.| ## ## |mes|ofthe charity t|rustees who manage the|charity|||| |---|---|---|---|---|---|---| ||Trustee name|Office (ifany}|Dates acted if not for whole
ear|Name ofperson (or body) entitled
toa
ointtrustee
iten||| ||AJBAKER|Station Commander|15Jun 17—21 Jul 20|Appointment|of Station|| |||||Commanders|is controlled|by| |||||the Royal Air|Force (ACOS|| |||||Manning)||| ||G BRYANT|Station Commander|22 Jul 20 —Present Day|Appointment
Commanders|of Station
is controlled|by| |||||the Royal Air|Force (ACOS|| |||||Manning)||| |10||||||| |15||||||| |Funds held as custodian trustees on behalf ofothers|Funds held as custodian trustees on behalf ofothers|Funds held as custodian trustees on behalf ofothers| |---|---|---| |Description
of the assets||| |held in this capacity||| |Name and objects ol the||| |charity on whose behalf|the|N/A| |assets are held and how|this|| |falls within the custodian||| |charity's objects||| |Details of arrangements|for|| |safe custody and||N/A| |segregation
ofsuch assets||| |from the charity's
own assets||| ## ##