## **Trustees’ Annual Report for the period**
**From 1 DECEMBER 2020 Period start date To 30 NOVEMBER 2021 Period end date.**
## **Charity name: RAF COSFORD WARRANT OFFICERS & SERGEANTS MESS**
## **Charity registration number: 1165243**
## **Objectives and Activities:**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The promotion of military efficiency by the
provision and support of social, sporting and
other facilities for the efficiency and well-being
of Servicemen and Servicewomen. The objects
also extend to making grants to any activity
which in the opinion of the trustee is in
furtherance of the objectives of the charity.
This object presents the Trustee with wide
powers, enabling them to provide charitable
assistance to all elements of the Royal Air
Force Community; internal subsidy of mess
activities and grant-making are the Royal Air
Force Cosford Warrant Officers' and Sergeants
Mess principal means of delivering this
charitable assistance.|
|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|This Fund derives public benefit as it assists in
Royal Air Force personnel with the
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 all 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
Commission on public
benefit|Para 1.18|The trustee, with assistance from Air Command
Staff has paid due regards to the guidance
issued by the Charity Commission 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|Prior to the end of the FY the Financial
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 for ratification by the
membership. If agreed at the EGM, minutes are
the distributed to the Trustee for final ratification
and approval. The Mess Committee holds
monthly meetings to discuss finance and AOB
linked to the management of the Mess.|
|Policy on social investment
including program related
investment|Para 1.38|N/A|
|Contribution made by
volunteers|Para 1.38|N/A|
|Other||N/A|
## **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|The Warrant Officers’ and Sergeants Mess at
RAF Cosford aims to fund, through member
subscriptions, investment income and bar
profits, expenditure on formal and informal
social functions, sports facilities, administration
and support to nominated Mess Charities.
The annual financial plan, ratified by members,
also allows supported requests for financial
assistance towards various projects for the
benefit of Warrant Officers and SNCOs, for
example Mess Improvements, which this year
included £500 on a Bar equipment and £120 on
a new Xmas Tree.
Each year the Mess agrees to grant sums of
money to events and activities on the unit which
benefit the wider service community. This year
the Warrant Officers' and Sergeants Mess
supported the local Senior Citizens Christmas
function £400, the Junior Ranks' Christmas
party £350. The Mess also gave £431 to the
nominated Mess Charities Fund which makes
donations to Service related charities, £3634 to
the Stn Sports Fund, £199 to CO Benevolent
Fund and £210 to SSAFA.
The Mess programmed into their
entertainments a total of 6 formal functions,
including a Summer Ball, Christmas Draw, 3
service dining in nights and 1 dining in night for
spouses andpartners. These events are
organised for the benefit of Mess members in
order to meet the aims or promoting esprit de
corps. Unfortunately the Mess only managed to
administer 4 of these functions due to CV-19
restrictions. Additionally, the Mess held several
happy hours for service personnel and their
families and a small number of adhoc informal
events in compliance with national and local CV-
19 restrictions etc. These activities received
subsidies to their overall costs, with members
paying the remaining cost of the function or event.
Additional guests of members paid the full
economic cost for attending these functions.
Monies allocated to those events which
unfortunately could not take place became part of
our EOY P&L and the membership will decide
how best to utilise these funds for maximum
benefit at AGM in Apr 22.|
|---|---|---|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|The objectives are set in the Fin Plan, which is
approved by the Trustee and voted in at an
EGM (Nov) prior to the start of the FY.
Committee Meetings are held monthly to review
the financial performance against the approved
Fin Plan.
Planned Income over the FY was below target
primarily due to Mess Subs less than forecast,
Bar Profits were well below expectations|
|---|---|---|
|||primarily due to CV-19 and ongoing restrictions
to usage etc during the FY.
Planned expenditure was below target, with an
underspend on Entertainment, including
subsidies to events, twofers and happy hours.
This was a result of CV-19 restrictions and
planned events having to be cancelled.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|The primary income streams for the Warrant
Officers and Sergeants Mess are subscriptions
and bar profits.
**Subscriptions:**
Subscriptions were set at an agreed monthly
rate of £15.50 per Mess Member and achieved
a £3.1k loss against Fin Plan target forecast.
This was primarily due to CV-19 restrictions
reducing our capacity for long term training
membership as some training aspects were
cancelled.
**Bar Profits:**
Due to CV-19 restrictions during the FY actual
Bar takings were lower than anticipated
resulting in a overall profit of £2.9k, this was
£2.6k below Fin Plan target forecast of £5.5k
profit.|
|Investment performance
against objectives|Para 1.41|The investments performed well considering the
financial climate linked to CV-19 with income
from dividends and interest exceeding forecast
by £134. Actual equity investment values
increased by £10.3k since Nov 20 as an
unrealised profit. Overall growth since initial
purchase in Oct 2012 equates to £10.4k and
Jan 14 £26.3k respectively.|
|Other||N/A|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|A revenue profit of £12.5k arose on Income of
£104.4k - principally due to CV-19 restrictions
limiting the ability to spend funds on functions via
subsidy support etc.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Mess aims to hold reserves of around 3
months expenditure to cover working capital
needs and to mitigate the short notice
cancellation of one or more major social
functions.|
|Amount of reserves held|Para 1.22|£18,700|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|Nil|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Nil|
|**Additional information (optional)**
You may choose to include further statements|**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|Principal funding is from Mess subscriptions whilst
further income is received from bar trading and
investment dividends/interest.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|To meet the over-riding need of regular on-
going specified annual income – increasing with
inflation, the RAF Cosford Warrant Officers and
Sergeants Mess Investment strategy/policy is to
have a diversified portfolio across established
UK and world equity markets with a bias
towards equities that offer growth and yield.
Furthermore, money is held in a COIF 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 £20.8k and also to generate
income to help offset annual expenses of the
Mess.|
|A description of the principal
risks facing the charity|Para 1.46|To continue to meet the strategic and
operational objectives of the Mess the Trustee
has given consideration to any major risks to
which the Charity may be exposed. He is
satisfied that systems and procedures have
been established in order to manage these
risks. This is done through the means of a
Service Funs Internal Audit Board, convened at
the start of each FY to carry out internal
arithmetical and management audit of the
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, analysed 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 Risk:**
Assets Risk: Assets are misappropriated.
**Mitigation:**
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
(OICs).
**Mitigation:**
OC Accts Flt provides briefing and ongoing
guidance to all PMC/CMC and OICs.
**Potential Risk:**
Change of Contractor – Lack of information and
staff training with process of changeover lacking
fluidity and coherence.
**Mitigation:**
OC Accts Flt to 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.
**Mitigation:**
The Warrant Officers and Sergeants Mess has
been conservative with its new Fin Plan for FY
21/22 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|
## **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|Unincorporated Association|
|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|The Station Commander at Royal Air Force
Cosford is appointed as ex-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 may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|Trustees are offered informal training as part of
their induction at HQ Air Cmd by Service Funds
Policy personnel. They are given a brief
explaining their roles and responsibilities and
issued Charities Commission Booklet 3 – The
essential Trustee. Trustees are also strongly
advised to attend a Trustee Training Day which
he has completed.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Trustee delegates the day to day
management and control of the Warrant
Officers’ and Sergeants Mess together with the
authority fo disbursement of grants and loans to
a management committee chaired by the
Chairman of the Mess Committee (CMC) who is
appointed by the Trustee. Members of the
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 of the Mess. Minutes are
taken at each Committee and General meeting,
and are electronically circulated to reach the
Trustee within 10 working days of the meeting
for his approval.
As Trustee of all Service Funds at Royal Air
Force Cosford, the Station Commander
also has responsibility for one other separately
run Service Fund registered charity, namely the
Royal Air Force Cosford Officers' Mess.
He is also trustee for the Royal Air Force
Cosford Junior Ranks Welfare Fund and a
number
of other sports/society/welfare fund termed
`banked funds' which are excepted charities
under Statutory Instrument 1056/65.
The Trustee has continued a programme of
work to identify procedures to mitigate risk and|
|||to minimise potential impact should risks
materialise. A Service Funds Internal Audit
Board is also convened at the start of each
financial year to carry out a quarterly internal
arithmetical and management audit of the
charity.|
|---|---|---|
|Relationship with any
related parties|Para 1.51|As Trustee of Service Funds at RAF Cosford
the Stn Cdr also has responsibility for one other
separately run Service Funds registered
Charity, namely the RAF Cosford Officers Mess.
He is also Trustee for the RAF Cosford JRWF
and a number of other sport/society/welfare
funds termed Banked Funds, which are deemed
Excepted Charities under Statutory Instrument
1056/65.|
|Other||Compliance with the Charity Governance Code
(Organisational Purpose, Leadership, Integrity,
Decision Making, Risk and Control, Board
Effectivness, Diversity, Openness and
Accountability):
As detailed above the Warrant Officers and
Sergeants Mess is managed by a CMC
appointed by the Trustee. The committee is
clear about the charities 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
Warrant Officers and Sergeants Mess
Committee act with integrity and are aware that
they have ultimate responsibility for the
Charities funds and assets, including its
reputation. They act in the best interest of the
Charity and have implemented a Conflict of
Interest policy, which every Committee Member
must adhere too and sign upon taking up their
respective roles.|
## **Reference and Administrative details**
|Charity name|RAF Cosford Warrant Officers' and Sergeants Mess|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1165243|
|Charity’s principal address|Warrant Officers' and Sergeants Mess
RAF Cosford
Albrighton, Wolverhampton
West Midlands
WV7 3EX|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||G BRYANT|Station Commander|22 Jul 20 – Present Day|Appointment of Station
Commanders is controlled by
the Royal Air Force (ACOS
Manning)|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|**_Original Signed_**||
|---|---|---|
||**Gareth Bryant**||
||
**Managing Trustee**||
||**24 May 2022**||
||**24 May 2022**||
||**RAF Cosford**
**Warrant Officers' and Sergeants' Mess**|**RAF Cosford**
**Warrant Officers' and Sergeants' Mess**|**RAF Cosford**
**Warrant Officers' and Sergeants' Mess**|Charity No|**1165243**||
|---|---|---|---|---|---|---|
|||Annual accounts for theperiod|||||
||Period start
date|**01 Dec 2020**|**To**|Period end
date|**30 Nov 2021**||
||||||||
|**Section A**||**Statement of Financial Activities**|||||
|**Recommended categories by**
**activity**
Guidance
Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
**Extraordinary items (Note 7)**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before**
**investment gains/(losses)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and (losses) on revaluation of fixed assets for the
charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|||**Total funds**|**Prior year**
**funds**
**£**
F05|
||||||**£**||
||||||F04||
||||||||
|||53,170|-|-|**53,170**|63,322|
|||55,368|-|-|**55,368**|51,279|
|||-|-|-|**-**|-|
|||2,135|-|-|**2,135**|2,108|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||**110,673**|**-**|**-**|**110,673**|**116,709**|
||||||||
||||||||
|||-|-|-|**-**|-|
|||99,919|-|-|**99,919**|80,045|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||**99,919**|**-**|**-**|**99,919**|**80,045**|
||||||||
|||**10,754**|**-**|**-**|**10,754**|**36,664**|
||||||||
|||10,328|-|-|**10,328**|3,591|
||||||||
|||**21,082**|**-**|**-**|**21,082**|**40,255**|
||||||||
|||-|-|-|**-**|-|
||||||||
|||-|-|-|**-**|-|
||||||||
||||||||
|||46,600|-|-|**46,600**|-|
|||-|-|-|**-**|-|
|||**67,682**|**-**|**-**|**67,682**|**40,255**|
||||||||
||||||**-**||
|||153,177|-|20,885|**174,062**|133,807|
|||**220,859**|**-**|**20,885**|**241,744**|**174,062**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 1 of 50
|**Section B**|||**Balance Sheet**|**Balance Sheet**|**Balance Sheet**||
|---|---|---|---|---|---|---|
|**RAF Cosford**
**Warrant Officers' and Sergeants' Mess**
**at 30 Nov 2021**
**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stock (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**Cash at bank and in hand (Note 20)**
**_Total current liabilities_**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Designated funds**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidanc
e Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B09x
B12
B12
B13
B14
B15
B16
B17
B18
B19d
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|
**Total this**
**year**|**Total last**
**year**
**£**
F05|
||||||**£**||
||||||F04||
|||-|-|-|**-**|-|
|||76,829|-|-|**76,829**|32,017|
|||-|-|-|**-**|-|
|||60,725|-|20,885|**81,610**|71,282|
|||**137,554**|**-**|**20,885**|**158,439**|**103,299**|
||||||||
||||||||
|||6,326|-|-|**6,326**|10,484|
|||9,577|-|-|**9,577**|6,992|
|||8,943|-|-|**8,943**|6,808|
|||85,625|-|-|**85,625**|63,624|
|||**110,471**|**-**|**-**|**110,471**|**87,908**|
||||||||
|||27,166|-|-|**27,166**|17,145|
|||-|-|-|**-**|-|
||||||||
|||**27,166**|**-**|**-**|**27,166**|**17,145**|
||||||||
|||**83,305**|**-**|**-**|**83,305**|**70,763**|
||||||||
|||**220,859**|**-**|**20,885**|**241,744**|**174,062**|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||**220,859**|**-**|**20,885**|**241,744**|**174,062**|
||||||||
||||||||
|||||20,885|**20,885**|20,885|
||||-||**-**|-|
|||-|||**-**|-|
|||220,859|||**220,859**|153,177|
|||-|||**-**|-|
|||**220,859**|**-**|**20,885**|**241,744**|**174,062**|
||||||||
|||Signature|||Date of approval
dd/mm/yyyy||
|||**_Original Signed_**|||**_24 May 2022_**||
|||**Grp Capt G Bryant**|||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 2 of 50
## **Section C Statement of Cash Flows**
## **RAF Cosford Warrant Officers' and Sergeants' Mess Year to 30 Nov 2021**
|**Net movement in fundsgenerated from operations**||**67,682**|
|---|---|---|
|Depreciation in the year
Disposal of Fixed Assets
Revaluation of Fixed Assets
Movement in Stocks/Inventories
Movement in Debtors/Receivables
Movement in Creditors/Payables|2,218
-
(46,600)
4,158
(2,585)
10,021||
|**Net movement in assets and liabilities**||**(32,788)**|
||||
|**Net cashgenerated from operations**||**34,894**|
|**Investing Activities**
Investment in Fixed Assets
Changes in Investments|(430)
(12,463)||
|**Total for Investing Activities**||**(12,893)**|
|**Financing Activities**
Repayment of Loans|-||
|**Total for Financing Activities**||**-**|
||||
|**Total movement in Cash at bank and in hand**||**22,001**|
||||
|**Cash at bank and in hand B/fwd**
**01 Dec 2020**||**63,624**|
||||
|**Cash at bank and in hand C/Fwd**
**30 Nov 2021**||**85,625**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 3 of 50
## **Section D**
## **Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their
- l accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- l and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
**Yes**
- -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a _**N/A**_ going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; _**N/A**_ Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees _**N/A**_ prepared the accounts and the reason why the charity is not regarded as a going concern.
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 4 of 50
## **Section D**
## **Notes to the accounts**
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
**----- Start of picture text -----**
Yes* ✓
* -Tick as appropriate
No* ✓
Please disclose:
(i) the nature of the change in accounting policy; N/A
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; N/A
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
N/A
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
**----- Start of picture text -----**
Yes* ✓
* -Tick as appropriate
No* ✓
**----- End of picture text -----**
## _**Please disclose:**_
**----- Start of picture text -----**
(i) the nature of any changes; N/A
(ii) the effect of the change on income and expense or
N/A
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
N/A
**----- End of picture text -----**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 5 of 50
## **Section D**
## **Notes to the accounts**
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
**----- Start of picture text -----**
Yes* ✓
* -Tick as appropriate
No* ✓
Please disclose:
(i) the nature of the prior period error; N/A
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
N/A
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
N/A
**----- End of picture text -----**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 6 of 50
## **Section D**
## **Notes to the accounts**
## **Note 2**
## **Accounting Policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING**
## **PRACTICE**
**Please provide a description of the nature of each change in None accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_ **Fund balance as restated - -** _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period £ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated -**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 7 of 50
## **Section D**
## **Notes to the accounts**
|**Section D**|**Notes to the accounts**||
|---|---|---|
|**Note 2**|**Accounting Policies**||
|_This standard list of accounting policies has been applied by the charity except for those identified, "No" or "N/a". Where a different or_|||
||_additional policy has been adopted then this is detailed in the box below._||
|**2.1 INCOME**|||
|**Recognition of income**|These are included in the Statement of Financial Activities|**Yes**|
||▪ the charity becomes entitled to the resources;||
||▪ it is more likely than not that the trustees will receive the resources; and||
||▪ the monetary value can be measured with sufficient reliability.||
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless required|**Yes**|
||or permitted by the FRS 102 SORP or FRS 102.||
|**Grants and donations**|Grants and donations are only included in the SoFA when the general income recognition|**Yes**|
||criteria are met (5.10 to 5.12 FRS 102 SORP).||
||In the case of performance related grants, income must only be recognised to the extent that|**N/A**|
||the charity has provided the specified goods or services as entitlement to the grant only||
||occurs when the performance related conditions are met (5.16 FRS 102 SORP).||
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has been|**N/A**|
||grant of probate, the executors have established that there are sufficient assets in the estate||
||and any conditions attached to the legacy are either within the control of the charity or have||
||been met.||
|**Government grants**|The charity has received government grants in the reporting period|**No**|
|**Tax reclaims on donations and**|Gift Aid receivable is included in 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 otherwise.||
|**Contractual income and**|This is only included in the SoFA once the charity 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 beneficiaries is deemed to be the|**N/A**|
||fair value of those gifts at the time of their receipt and they are recognised on receipt. In the||
||reporting period in which the stocks are distributed, they are recognised as an expense at the||
||carrying amount of the stocks at distribution.||
||Donated goods for resale are measured at fair value on initial recognition, which is the|**N/A**|
||expected proceeds from sale less the expected costs of sale, and recognised in ‘Income from||
||other trading activities’ with the corresponding 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 recognised as ‘Income from other trading activities’.||
||Goods donated for on-going use by the charity are recognised as tangible fixed assets and|**N/A**|
||included in the SoFA as incoming resources when receivable.||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 8 of 50
_**cont...**_
## **Section C**
## **Notes to the accounts**
||Gifts in kind for use by the charity are included in the SoFA as income from donations when|**N/A**|
|---|---|---|
||receivable||
|**Donated services and**|Donated services and facilities are included in the SOFA when received at the value of the gift|**N/A**|
|**facilities**|to the charity provided the value of the gift can be measured reliably.||
||Donated services and facilities that are consumed immediately are recognised as income with|**N/A**|
||an equivalent amount recognised as an expense under the appropriate heading in the SOFA.||
|**Support costs**|The charity has incurred expenditure on support costs.|**Yes**|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in
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 subscriptions received in the nature of a gift are recognised in Donations and|**N/A**|
|**subscriptions**|Legacies.||
||Membership subscriptions which gives a member the right to buy services or other benefits|**Yes**|
||are recognised as income earned from the provision of goods and services as income from||
||charitable activities.||
|**Settlement of insurance**|Insurance claims are only included in the SoFA when the general income recognition criteria|**N/A**|
|**claims**|are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.||
|**Investment gains and losses**|This includes any realised or unrealised gains or losses on the sale of investments and any|**Yes**|
||gain or loss resulting from revaluing investments to market value at the end of the year.||
|**2.2 EXPENDITURE & LIABILITIES**|||
|**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or constructive|**Yes**|
||obligation committing the charity to pay out resources and the amount of the obligation can||
||be measured with reasonable certainty.||
|**Governance and support**|Support costs have been allocated between governance costs and other support. Governance|**Yes**|
|**costs**|costs comprise all costs involving public accountability of the charity and its compliance with||
||regulation and good practice.||
||Support costs include central functions and have been allocated to activity cost categories on|**Yes**|
||a basis consistent with the use of resources, eg allocating property costs by floor areas, or per||
||capita, staff costs by the time spent and other costs by their usage.||
|**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of|**N/A**|
|**conditions**|service or output to be provided, such grants are only recognised in the SoFA once the||
||recipient of the grant has provided the specified service or output.||
|**Grants payable without**|Where there are no conditions attaching to the grant that enables the donor charity to|**Yes**|
|**performance conditions**|realistically avoid the commitment, a liability for the full funding obligation must be||
||recognised.||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 9 of 50
_**cont...**_
## **Section C Notes to the accounts**
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.|**Yes**|
|---|---|---|
|**Deferred income**|No material item of deferred income has been included in the accounts|**Yes**|
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade discounts|**N/A**|
|**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently measured at|**Yes**|
||the best estimate of the amount required to settle the obligation at the reporting date||
|**Basic financial instruments**|The charity accounts for basic financial instruments on initial recognition as per paragraph|**Yes**|
||10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102||
||SORP.||
|**2.4 ASSETS**|||
|**Tangible fixed assets for use**|These are capitalised if they can be used for more than one year, and cost above zero|**Yes**|
|**by charity**|||
||They are valued at cost.|**No**|
||The depreciation rates and methods used are disclosed in note 14.|**No**|
|**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have physical|**No**|
||substance but are identifiable and are controlled by the charity through custody or legal||
||rights. The amortisation rates and methods used are disclosed in note 15.||
||They are valued at cost.|**N/A**|
|**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,|**No**|
||technological, geophysical or environmental qualities that are held and maintained principally||
||for their contribution to knowledge and culture. The depreciation rates and methods used as||
||disclosed in note 16.||
||They are valued at cost.|**N/A**|
|**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are valued at|**Yes**|
||initially at cost and subsequently at fair value (their market value) at the year end. The same||
||treatment is applied to unlisted 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 of less than 1 year are treated as current asset investments||
|**Stocks and work in progress**|Stocks held for sale as part of non-charitable 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 realisable|**Yes**|
||value based on the service potential provided by items of stock.||
||Work in progress is valued at cost less any foreseeable loss that is likely to occur on the|**Yes**|
||contract.||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 10 of 50
**Section C**
**Notes to the accounts**
_**cont...**_
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received
**Yes**
**Current asset investments** The charity has has investments which it holds for resale or pending 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 qualify as basic financial instruments **N/A**
**Policies adopted additional to or different from those above**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 11 of 50
|**Section D**|
**Notes to the accounts**|
**Notes to the accounts**|
**Notes to the accounts**|
**Notes to the accounts**|
**Notes to the accounts**|**(continued)..**|**(continued)..**|**(continued)..**|**(continued)..**|
|---|---|---|---|---|---|---|---|---|---|
|**TOTAL INCOM**
**Other:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
**Note 3**
**Donations**
**and legacies:**
**Charitable**
**activities:**|**Analysis of income**|||||||||
||**Analysis**|**Current Financial Year**||||**Previous Financial Year**||||
|||**Unrestricted**
**funds**
**£**|
**Restricted**
**income**
**funds**
**£**|**Endowment**
**funds**
**£**|
**Total funds **|**Unrestricted**
**funds**
**£**|
**Restricted**
**income**
**funds**
**£**|**Endowment**
**funds**
**£**|
**Prior year**
**funds**|
||||||**£**||||**£**|
||Donations and gifts|-|-|-|**-**|-|-|-|**-**|
||Gift Aid|-|-|-|**-**|-|-|-|**-**|
||Legacies|-|-|-|**-**|-|-|-|**-**|
||Generalgrantsprovided by government/other|-|-|-|**-**|-|-|-|**-**|
||Membership subscriptions and sponsorships which
are in substance donations|53,170|-|-|**53,170**|63,322|-|-|**63,322**|
||Donatedgoods,facilities and services|-|-|-|**-**|-|-|-|**-**|
||Other donations and legacies|-|-|-|**-**|-|-|-|**-**|
||**Total **|**53,170**|**-**|**-**|**53,170**|**63,322**|**-**|**-**|**63,322**|
|||||||||||
||Bar Income|26,966|-|-|**26,966**|29,598|-|-|**29,598**|
||Function Income|25,797|-|-|**25,797**|18,917|-|-|**18,917**|
||Maintenance Income|2,605|-|-|**2,605**|2,764|-|-|**2,764**|
||Sundry Income|-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
||**Total **|**55,368**|**-**|**-**|**55,368**|**51,279**|**-**|**-**|**51,279**|
|||||||||||
||Other trading activities
|-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
||**Total**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
|||||||||||
||Interest income|-|-|-|**-**|-|-|-|**-**|
||Dividend income|2,135|-|-|**2,135**|2,108|-|-|**2,108**|
||Rental and leasingincome|-|-|-|**-**|-|-|-|**-**|
||Other investment income|-|-|-|**-**|-|-|-|**-**|
||**Total **|**2,135**|**-**|**-**|**2,135**|**2,108**|**-**|**-**|**2,108**|
|||||||||||
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
|||-|-|-|**-**|-|-|-|**-**|
||**Total**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
|||||||||||
||Conversion of endowment funds into income|-|-|-|**-**|-|-|-|**-**|
||Gain on disposal of a tangible fixed asset held for
charity's own use|-|-|-|**-**|-|-|-|**-**|
||Gain on disposal of a programme related investment|-|-|-|**-**|-|-|-|**-**|
||Royalties from the exploitation of intellectual property
rights|-|-|-|**-**|-|-|-|**-**|
||Other - Other Income|-|-|-|**-**|-|-|-|**-**|
||**Total**
**E**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
|||||||||||
|||**110,673**|**-**|**-**|**110,673**|**116,709**|**-**|**-**|**116,709**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 12 of 50
|**Section D**
**Notes to the accounts**
**(continued)..**|**Section D**
**Notes to the accounts**
**(continued)..**|
|---|---|
|**Other information:**||
|**All income in the prior year was unrestricted except for: (please provide**
**description and amounts)**||
|**Where any endowment fund is converted into income in the reporting**
**period, please give the reason for the conversion.**||
|||
|||
|**Within the income items above the following items are material: (please**
**disclose the nature, amount and any prior year amounts)**||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 13 of 50
|**Section D**
**Notes to the accounts**|**Section D**
**Notes to the accounts**|**Section D**
**Notes to the accounts**|**(continued)..**|**(continued)..**|
|---|---|---|---|---|
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Total**
**Thisyear**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms_**
**_of government assistance from_**
**_which the charity has directly_**
**_benefited._**
**Note 4 Analysis of receipts of government grants**
**_N/A_**
**Description**|||||
||**Description**||**Thisyear**|**Lastyear**|
||||**£**|**£**|
||**_N/A_**||-|-|
||||-|-|
||||-|-|
||||-|-|
||**Total**
**Thisyear**||-|-|
||||**Lastyear**||
||||||
||||||
||||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 14 of 50
**Section D Notes to the accounts (continued)..**
|**This year**
**Last year**
**£**
**£**
**Seconded staff**
- -
**Use of property**
- -
**Other**
- -
**- -**
**Note 5 Donated goods, facilities and services**
**Lastyear**
**Thisyear**|**This year**
**Last year**
**£**
**£**
**Seconded staff**
- -
**Use of property**
- -
**Other**
- -
**- -**
**Note 5 Donated goods, facilities and services**
**Lastyear**
**Thisyear**|**This year**
**Last year**
**£**
**£**
**Seconded staff**
- -
**Use of property**
- -
**Other**
- -
**- -**
**Note 5 Donated goods, facilities and services**
**Lastyear**
**Thisyear**|
|---|---|---|
||**Thisyear**|**Lastyear**|
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**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 of unpaid volunteers.**|||
||||
||||
||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 15 of 50
|**Section D**|**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**||||||
|---|---|---|---|---|---|---|---|---|---|
|**TOTAL EXPEN**
**Separate material**
**item of expense**
**Other**
**Expenditure on**
**charitable**
**activities**
**Note 6**
**Expenditure on**
**raising funds:**|**Analysis of expenditure**|||||||||
||**Analysis**|**Current Financial Year**||||**Previous Financial Yea**|||**r**|
|||**Unrestricted**
**funds**
**£**|**Restricted**
**income funds**
**£**|**Endowment**
**funds**
**£**|**Total funds**|**Unrestricted**
**funds**
**£**|
**Restricted**
**income funds**
**£**|**Endowment**
**funds**
**£**|**Total funds**|
||||||**£**||||**£**|
||Incurred seekingdonations|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Incurred seeking legacies|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Incurred seeking grants|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Operating membership schemes and social lotteries|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Staging fundraising events|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Fudraising agents|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Operating charity shops|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Operating a trading company-non-charitable|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Advertising, marketing, direct mail and publicity|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Start up costs incurred in generating new source of|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Database development costs|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Other trading activities|-|-|-||**-**|**-**|**-**||
||Investment management costs:|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Portfolio management costs|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Cost of obtaining investment advice|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Investment administration costs|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Intellectual property licencing costs|-|-|-|**-**|**-**|**-**|**-**|**-**|
||Rent collection, property repairs, maintenance|-|-|-|**-**|**-**|**-**|**-**|**-**|
|||~~-~~|~~-~~|~~-~~|~~**-**~~|~~**-**~~|~~**-**~~|~~**-**~~|~~**-**~~|
||**Total expenditure on raising funds**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
|||||||||||
||Administration|-|-|-|**-**|
28|**-**|**-**|**28**|
||Bar|24,006|-|-|**24,006**|
29,466|**-**|**-**|**29,466**|
||Cleaning|360|-|-|**360**|
-|**-**|**-**|**-**|
||Depreciation|2,218|-|-|**2,218**|
2,689|**-**|**-**|**2,689**|
||Functions|54,511|-|-|**54,511**|
34,336|**-**|**-**|**34,336**|
||Garden Maintenance|1,173|-|-|**1,173**|
646|**-**|**-**|**646**|
||Grants made|1,800|-|-|**1,800**|
740|**-**|**-**|**740**|
||Independent Examination|1,275|-|-|**1,275**|
729|**-**|**-**|**729**|
||Insurance|658|-|-|**658**|
724|**-**|**-**|**724**|
||Maintenance|1,257|-|-|**1,257**|
2,187|**-**|**-**|**2,187**|
||Newspapers|-|-|-|**-**|
1,071|**-**|**-**|**1,071**|
||PerformingRights|1,235|-|-|**1,235**|
1,334|**-**|**-**|**1,334**|
||Postage|11|-|-|**11**|
-|**-**|**-**|**-**|
||Presentations|2,071|-|-|**2,071**|
751|**-**|**-**|**751**|
||Refreshments|2,495|-|-|**2,495**|
1,261|**-**|**-**|**1,261**|
||TV Licences and Subscriptions|5,649|-|-|**5,649**|
4,083|**-**|**-**|**4,083**|
||Wi-Fi / Internet|1,200|-|-|**1,200**|
-|**-**|**-**|**-**|
|||-|-|-|**-**|
-|**-**|**-**|**-**|
|||-|-|-|**-**|
-|**-**|**-**|**-**|
|||-|-|-|**-**|
-|**-**|**-**|**-**|
||**Total expenditure on charitable activities**|**99,919**|**-**|**-**|**99,919**|**80,045**|**-**|**-**|**80,045**|
|||||||||||
||
Extraordinaryitems|-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
||**Total separate material item of expense**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
|||||||||||
||Fixed Assets Disposal|-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
|||-|-|-|**-**|**-**|**-**|**-**|**-**|
||**DITURE**
**Total other expenditure**|**-**|**-**|**-**|
**-**|**-**|**-**|**-**|
**-**|
|||||||||||
|||**99,919**|**-**|**-**|**99,919**|**80,045**|**-**|**-**|**80,045**|
**Other information:**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 16 of 50
## **Section D Notes to the accounts (cont)**
**Analysis of expenditure on charitable activities**
||||**This year**|**This year**|**This year**||**Last year**|**Last year**|**Last year**||
|---|---|---|---|---|---|---|---|---|---|---|
|**Activity or**
**programme**|**Activity**||**Activities**
**£**|**Grant**
**£**|**Support**
**£**|**Total this**|**Activities**
**£**|**Grant**
**£**|**Support**
**£**|**_Total prior_**|
|||||||**£**||||**£**|
|**_Activity 1_**|||-|-|-|**-**|-|-|-|-|
|**_Activity 2_**|||-|-|-|**-**|-|-|-|-|
|**_Activity 3_**|||-|-|-|**-**|-|-|-|-|
|**_Activity 4_**|||-|-|-|**-**|-|-|-|-|
|**_Activity 5_**|||-|-|-|**-**|-|-|-|-|
|**_Other_**|||-|-|-|**-**|-|-|-|-|
||**Total**||**-**|**-**|**-**|**-**|**-**|**-**|**-**|**-**|
||||||||||||
|**Prior year expenditure on charitable activities**
**can be analysed as follows:**|||||||||||
||||||||||||
|**Within the expenditure items above the**
**following items are material: (please disclose**
**the nature, amount and any prior year**
**amounts)**|||||||||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 17 of 50
**Section D Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**|**This year**
**Last year**
**£**
**£**
**Description**|**This year**
**Last year**
**£**
**£**
**Description**|**This year**
**Last year**
**£**
**£**
**Description**|
|---|---|---|---|
|||-|-|
|||||
|||-|-|
||-||-|
|||-|-|
|||||
|||-|-|
||**Total extraordinary items**|**-**|**-**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 18 of 50
**Section D Notes to the accounts (cont)**
## **Note 8 Funds received as agent**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
|||**Amount received**|**Amount received**|**Amount paid out**|**Amount paid out**|**Balance**
**held atperiod end**|**Balance**
**held atperiod end**|
|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related**
**party (Yes**
**or No)**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|Contractor Pay as You Dine|**No**|11,958|1,416|11,790|1,131|170|2|
|Subscriptions collected on
behalf of other charities|**Yes**|7,182|9,792|7,309|9,708|587|714|
||**No**|-|-|-|-|-|-|
||**No**|-|-|-|-|-|-|
||**No**|-|-|-|-|-|-|
|**Total**||**19,140**|**11,208**|**19,099**|**10,839**|**757**|**716**|
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_
|**Description/name of party**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**Total**|-|-|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 19 of 50
**Section D Notes to the accounts (cont)**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**Support cost**
**(examples)**|**Raising funds**
**£**|**Furthering**
**Objectives**
**£**|**Activity 2**
**£**|**Activity 3**
**£**|**Grand total**
**£**|**Basis of**
**allocation**|
|---|---|---|---|---|---|---|
|||||||**(Describe**
**method)**|
|Governance|-|-|-|-|**-**||
||-|-|-|-|**-**||
||-|-|-|-|**-**||
||-|-|-|-|**-**||
|Other|-|-|-|-|**-**||
|**Total**|**-**|**-**|**-**|**-**|**-**||
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
Costs have been apportioned on a basis designed to reflect the use of the resource.
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 20 of 50
**Section D Notes to the accounts (cont)**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**|||
|---|---|---|
||**This year**
**£**|**Last year**
**£**|
|**Independent examiner’s fees**|**1,275**|**729**|
|**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**|**-**|**-**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 21 of 50
**Section D Notes to the accounts (cont)**
## **Note 11 Paid employees**
## _**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||**-**|**-**|
||||
||**N/A**||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|**True**|**True**|
|---|---|---|---|
|||||
|||**Number of employees**||
|**Band**||**Thisyear**|**Lastyear**|
|**£60,000 to £69,999**||||
|**£70,000 to £79,999**||||
|**£80,000 to £89,999**||||
|**£90,000 to £99,999**||||
|**£100,000 to £109,999**||||
|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity**
**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**||||
|||**Thisyear**|**Lastyear**|
|||||
|||||
|||**This year**
**Number**|**Last year**
**Number**|
||**Fundraising**|-|-|
||**Charitable Activities**|-|-|
||**Governance**|-|-|
||**Other**|-|-|
||**Total**|-|-|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 22 of 50
**Section D Notes to the accounts (cont)**
## **11.3 Ex-gratia payments to employees and others (excluding trustees)**
## _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment**
**Please state the legal authority or reason for making the payment**
**Please state the amount of the payment (or value of any waiver of a right to an asset)**
## _**No ex-gratia payments have been made**_
**This year Last year This year Last year This year Last year**
## **11.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
_**No Redundancies during the period**_
` **This year Last year This year Last year This year Last year**
## **Total amount of payment**
**The nature of the payment (cash, asset etc.)**
**The extent of redundancy funding at the balance sheet date**
**Please state the accounting policy for any redundancy or termination payments**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 23 of 50
**Section D Notes to the accounts (**
## **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
**This year Last year Amount of contributions recognised in the SOFA as an expense £0 £0 Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 24 of 50
**Section D Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**|
|---|---|---|---|---|
||**£**|**£**|**£**|**£**|
|Senior Citizens Christmas Party|350|-|-|**350**|
|Junior Ranks Christmas Party|350|-|-|**350**|
|Station Fireworks Party|350|-|-|**350**|
|Station Families Day|750|-|-|**750**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
|**_Total_**|**1,800**|**-**|**-**|**1,800**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
_**My charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site.**_
_**No**_
|**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**|
|---|---|---|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total Grants Paid_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**||**-**|
|||-|
|||**-**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 25 of 50
**Section D Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
|At the beginning of
the year
Additions
Revaluations
Disposals
Transfers *
At end of the year|**Freehold land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant, machinery**
**and motor**
**vehicles**
**£**|**Fixtures, fittings**
**and equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|43,458|**43,458**|
||-|-|-|430|**430**|
||-|-|-|46,600|**46,600**|
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||**-**|**-**|**-**|**90,488**|**90,488**|
## **14.2 Depreciation and impairments**
|****Basis**
**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the
beginning of the year
Net book value at the
end of the year
**14.3 Net book value**|SL|SL|SL|SL|Straight Line
("SL") or
Reducing
Balance ("RB")|
|---|---|---|---|---|---|
|||||||
|||||||
||-|-|-|11,441|**11,441**|
||-|-|-|-|**-**|
||-|-|-|2,218|**2,218**|
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||**-**|**-**|**-**|**13,659**|**13,659**|
|||||||
||**-**|**-**|**-**|**32,017**|**32,017**|
||**-**|**-**|**-**|**76,829**|**76,829**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 26 of 50
**Section D Notes to the accounts (cont)**
**14.4 Impairment** _**Please provide a description of the**_ **This year** _**N/A events and circumstances that led to the recognition or reversal of an impairment loss.**_ **Last year** _**N/A**_
## **14.5 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_ **This year Last year** _**the effective date of the revaluation the name of independent valuer, if applicable the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.**_ **14.6 Other disclosures This year Last year** _**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed N/A N/A assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the N/A N/A acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity N/A N/A has restricted title or that are pledged as security for liabilities.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 27 of 50
**Section D Notes to the accounts (cont)**
## **Note 15 Intangible assets**
## _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation**
|At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**|
|---|---|---|---|---|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||**-**|**-**|**-**|**-**|
## **15.2 Amortisation and impairments**
|****Basis**
**** Rate**
At beginning of the year
Disposals
Amortisation
Impairment
Transfers*
At end of year|SL|SL|SL|Straight Line
("SL") or
Reducing
Balance
("RB")|
|---|---|---|---|---|
||||||
||||||
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||-|-|-|**-**|
||**-**|**-**|**-**|**-**|
## **15.3 Net book value**
Nat book value at the beginning of the year **- - - -** Net book value at the end of the year **- - - -**
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_
_**Policies for the recognition of any capital development**_
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 28 of 50
## **15.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
**This year Last year**
## **15.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_
_**the name of independent valuer, if applicable**_
_**the methods applied**_
_**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
**This year Last year**
## **15.7 Other disclosures**
**This year Last year**
_**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.**_
_**(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.**_
_**(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets.**_
_**(iv) State the amount of research and development expenditure recognised as expenditure in the year.**_
_**(vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 29 of 50
**Section D Notes to the accounts (cont)**
## **Note 16 Heritage assets**
_**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
**(i) Explain the nature and scale of heritage assets held. (ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.**
## **16.2 Cost or valuation**
|At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
Nat book value at the beginning of the
year
Net book value at the end of the year
**16.3 Depreciation and impairments**
**16.4 Net book value**|**Heritage asset**
**1**
**£**|**Heritage asset**
**2**
**£**|**Heritage asset**
**3**
**£**|**Heritage asset**
**4**
**£**|**Total**
**£**|**Total**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
|||||||Straight Line
("SL") or
Reducing
Balance|
||||||||
||- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -||||||
||-|-|-|-|-||
||-|-|-|-|-||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 30 of 50
## **16.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_
**This year Last year**
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**£**|**At cost Group**
**B**
**£**|**Total**
**£**|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
|**(i) Explain the reason why heritage**
**assets have not been recognised on**
**the balance sheet.**
**(ii) Describe the significance and**
**nature of heritage assets.**
**(iii) Disclose information that is**
**helpful in assessing the value of**
**heritage assets.**
**(iv) Explain the reason why it is not**
**practicable to obtain a valuation of**
**heritage assets.**|**This year**|**Last year**|
|---|---|---|
||||
||||
||||
||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 31 of 50
**16.9 Five year summary of heritage assets transactions**
||**2021**|**2020**|**2019**|**2018**|**2017**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**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 disposals**||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|||||
||-|||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 32 of 50
**Section D Notes to the accounts (cont)**
## **Note 17 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Listed**
**investments**|**Cash & cash**
**equivalents**|
**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||71,282|-|-|-|-|**71,282**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
||-|-|-|-|-|**-**|
||-|-|-|-|-|**-**|
||-|-|-|-|-|**-**|
||10,328|-|-|-|-|**10,328**|
||**81,610**|**-**|**-**|**-**|**-**|**81,610**|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
|**Analysis of investments**
**Investment properties**
**Other investments**
**Total**
**Cash & cash equivalents**
**Listed investments**
**Social investments**
**Grand total (Fair value at year end+Cost less impairment)**||||
|---|---|---|---|
||**Fair value at year end**|**Cost less impairment**||
||**£**|**£**||
||81,610|-||
||-|-||
||-|-||
||-|-||
||-|-||
||**81,610**|**-**||
||**81,610**|||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 33 of 50
## **17.3 If your charity holds investment properties, please complete the following note:**
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any 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 or for repairs, maintenance or enhancements**
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**Analysis of current asset**
**investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**17.5 Guarantees**
**Please provide details and amount of**
**any guarantee made to or on behalf**
**of a third party**
**Name of the entity or entities**
**benefitting from those guarantees**
**Please explain how the guarantee**
**furthers the charity's aims**
**Total**||**This year**|**This year**|**Last year**|
|---|---|---|---|---|
|||**£**||**£**|
|||8,943||6,808|
|||-||-|
|||-||-|
|||-||-|
|||-||-|
|||**8,943**||**6,808**|
||||||
||**Thisyear**||**Lastyear**||
||||||
||||||
||||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 34 of 50
## **17.6 Concessionary loans**
|**17.7 Additional information**
**Please provide information about the significance**
**of investments to the charity's financial position**
**or performance eg. terms and conditions of loans**
**or the use of hedging to manage financial risk.**
**Amounts receivable after more than 1 year**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Where a charity has provided financial assets as**
**a form of security, the carrying amount of the**
**financial asset pledged as security and the terms**
**and conditions relating to its pledge.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**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**|**_Description_**|**_Description_**|**This year £**|**Last year £**|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
||**_Total_**||||
||||||
||
**_Description_**||**This year £**|**Last year £**|
||||||
||||||
||||||
||**_Total_**||||
||||||
||**This year**||**Last year**||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||**Thisyear**||**Lastyear**||
||
||||
||||||
||||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 35 of 50
**Section D Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
-
10,484
- - -
**_Added in period_**
-
-
- - -
**_Expensed in period_**
-
(4,158)- - -
**_Impaired_**
- - - - -
**_Closing_**
**-**
**6,326**
**- - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
**- 6,326 - - -**
**_Total previous year_**
- 10,484 - - -
**18.2 Please specify the carrying amount of any**
**stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**This year**
**Last year**
**£**
**£**
**Work in**
**progress**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**|
|---|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|10,484|-|-|-|
||-|-|-|-|-|
||-|(4,158)|-|-|-|
||-|-|-|-|-|
||**-**|
**6,326**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**6,326**|**-**|**-**|**-**|
||-|10,484|-|-|-|
|||||||
|||**This year**||**Last year**||
|||**£**||**£**||
|||||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 36 of 50
**Section D Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
|**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 19 Debtors and prepayments**|||
|---|---|---|
|**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
||7,722|6,119|
||1,855|434|
||-|439|
||**9,577**|**6,992**|
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Prepayments and accrued income**
**Other debtors**
**Total**
**Trade debtors**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 37 of 50
**Section D Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Amounts falling due w**
**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**ithin oneyearue after more than oneyear**|**ithin oneyearue after more than oneyear**|**ithin oneyearue after more than oneyear**|**ithin oneyearue after more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||27,166|17,145|-|-|
||-|-|-|-|
||-|-|-|-|
||**27,166**|**17,145**|**-**|**-**|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
## _**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 38 of 50
**Section D Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Movements in recognised provisions and funding commitment during the period**
|**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **21.2 Please provide:**
**This year Last year**
**- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;**
**- an indication of the uncertainties about the amount or timing of those outflows; and**
**- the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.**
**This year Last year 21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).**
**21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 39 of 50
**Section D Notes to the accounts (cont)**
**Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
|**22.1 Please provide information about the**
**significance of financial instruments (eg. debtors,**
**creditors, investments etc) to the charity's financial**
**position or performance, for example, the terms and**
**conditions of loans or the use of hedging to manage**
**financial risk.**
**22.2 If the charity has provided financial assets as a**
**form of security, the carrying amount of the financial**
**assets pledged as security and the terms and**
**conitions related to its pledge should be given here.**|**This year**|**Last year**|
|---|---|---|
||||
||||
||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 40 of 50
**Section D Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
|**of their existence is remote.**||
|---|---|
|**Description of item including its legal nature. Please**
**describe any security provided in connection to the**
**liability.**|**Estimate of financial effect**
**£**|
|Permanent Endowment (CL) to the RAF Central Fund: to
return original working capital if unit ever closes.|**20,885**|
|||
|||
|||
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
|**probable**||
|---|---|
|**Description of item**|**Estimate of financial effect**
**£**|
|||
|||
|||
|||
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**This year Last year Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement**
**Where it is not practical to make one or more of these disclosures, please state this fact**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 41 of 50
**Section D Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Note 24 Cash at bank and in hand**|||
|---|---|---|
|Cash Floats
Other
Cash at bank
**Total**
Short term cash investments (less than 3 months maturity date)
Short term deposits|**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||85,625|63,624|
||-|-|
||-|-|
||**85,625**|
**63,624**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 42 of 50
**Section D Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
|**Note 25 Fair value of assets and liabilities**|||
|---|---|---|
|**25.1 Please provide details of the charity's exposure to**
**credit risk (the risk of incurring a loss due to a debtor not**
**paying what is owed) , liquidity risk (the risk of not being**
**able to meet short term financial demands) and market risk**
**(the risk that the value of an investment will fall due to**
**changes in the market) arising from financial instruments**
**to which the charity is exposed at the end of the reporting**
**period and explain how the charity manages those risks.**
**25.2 Please give details of the amount of change in the fair**
**value of basic financial instruments (debtors, creditors,**
**investments (see section 11, FRS 102 SORP)) measured at**
**fair value through the SoFA that is attributable to changes**
**in credit risk.**|**Thisyear**
**Lastyear**||
||||
||||
||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 43 of 50
**Section D Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
|**_arose after the end of the reporting period._**|||
|---|---|---|
|**Please provide details of the nature of the event**|**Thisyear**
**Lastyear**||
||||
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 44 of 50
**Section D Notes to the accounts**
**Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Contingent Liability|PE|Central Fundingfrom RAF Command|20,885|-|-|-|-|**20,885**|
|Unrestricted Funds|UR|General funds from dayto dayoperations|153,177|110,673|(99,919)|-|56,928|**220,859**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
|**_Other funds_**|**N/A**|**N/A**|-|-|-|-|-|**-**|
|**Total Funds**|||**174,062**|**110,673**|**(99,919)**|**-**|**56,928**|**241,744**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 45 of 50
**Section D Notes to the accounts**
**Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Contingent Liability|PE|Central Fundingfrom RAF Command|20,885|-|-|-|-|**20,885**|
|Unrestricted Funds|UR|General funds from dayto dayoperations|112,922|116,709|(80,045)|-|3,591|**153,177**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
|**_Other funds_**|**N/A**|**N/A**|-|-|-|-|-|**-**|
|**Total Funds**|||**133,807**|**116,709**|**(80,045)**|**-**|**3,591**|**174,062**|
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 46 of 50
## **Section D Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
||**Reason for transfer and where endowment is converted to**
**income, legalpower for its conversion**|**Amount**|
|---|---|---|
|Between unrestricted and
restricted funds|**_None_**||
|Between endowment and
restricted funds|**_None_**||
|Between endowment and
unrestricted funds|**_None_**||
||||
## **27.4 Designated funds**
**Planned use Purpose of the designation Amount**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 47 of 50
## **Section D Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|---|
|||**This year**|||||**Last year**|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/**
**ex gratia**|**Other**|**TOTAL**|**TOTAL**|
|||**£**|**£**|
**£**|**£**|**£**|**£**|
|||||||**-**|**-**|
|||||||**-**|**-**|
|||||||**-**|**-**|
|||||||**-**|**-**|
|**_Please give details of why remuneration or other_**
**_employment benefits were paid._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**||||||||
|||**N/A**||||||
|||**N/A**||||||
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**||**FALSE**|
|---|---|---|
||||
|**Type of expenses reimbursed**|**This year**|**Last year**|
||**£**|**£**|
|**Travel**|||
|**Subsistence**|||
|**Accommodation**|||
|**Other (please specify):**|||
||||
|**TOTAL**|||
|**Please provide the number of trustees reimbursed for**
**expenses or who had expenses paid by the charity**|||
||||
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 48 of 50
## **Section D Notes to the accounts (cont)**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|||
|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting period (True or False)**||||||**FALSE**||
|||||||||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision**
**for bad**
**debts at**
**period end**|**Amounts**
**written off**
**during**
**reporting**
**period**|
**Total**|
||||**£**|**£**|**£**|**£**|**£**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 49 of 50
**Section D Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
RAF Cosford Warrant Officers' and Sergeants' Mess Year Ending 30 Nov 2021
Page 50 of 50
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the Managing** RAF COSFORD WARRANT OFFICERS’ & SERGEANTS’ MESS **Trustee of On accounts for the year** 30[TH] NOVEMBER 2021 **Charity no** 1165243 **ended (if any) Set out on pages** CC17A & TAR I report to the Managing Trustee on my examination of the accounts of the above charity (“the Charity”). **Responsibilities and** As the charity's trustee, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** ~~The charity~~ ’ ~~s gross income exceeded £250,000 and I am qualified to~~ **examiner's statement** ~~undertake the examination by being a Fellow member of the Association of Charity Independent Examiners.~~
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ~~(other than that disclosed below *)~~ which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**|Original signed|15.06.2022|
|---|---|---|
||||
||HOWARD NEIL SANDERSON||
||||
||FCIE||
**Oct 2018**
1
**IER**
## **(if any):**
**Address:** ACCOUNTANCY COMPLIANCE SOLUTIONS (UK) LIMITED 1 ENDCLIFFE AVENUE, SCUNTHORPE, NORTH LINCOLNSHIRE, DN17 2RB
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**Oct 2018**
2
**IER**