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2023-08-31-accounts

Page Page
Legalandadministrativeinformation
Trusteesreport 2- 7
StatementofTrusteesresponsibilities 8
Independentauditorsreport 9- 12
Statementoffinancialactivities 13
Statementoffinancialposition 14
Notestothefinancialstatements 15 - 23

Trustees MrABehagg
MrMWillis
MrsJLycett
MrsMClohessy
MrIFlesher
MrIBuckle
MsLGBRobinson
MrDJToriati
MrSPorter (Appointed8June2023)
Charitynumber 1167682
Principaladdress ArmedForcesEducationTrust
P0Box684
Farnham
Surrey
GU91LP
Auditor TCGroup
10BridgeStreet
Christchurch
Dorset
BH231EF

Unrestricted Total
funds
2023 2022
Notes £ £
Incomefrom:
Donationsandlegacies 3 353 250
Charitableactivities 4 4781451 425,290
Totalincome 478,804 425,540
Expenditureon:
Charitableactivities 5 141,430 486,377
Netgains/(losses)oninvestments 9 121,229 168,152
Netmovementinfunds 458,603 107,315
Fundbalancesat1September2022 13,975,820 13,868,505
Fundbalancesat31August2023 14,434,423 13,975,820

2023 2022
Notes £
£
£
Fixedassets
Tangibleassets 10 1,702
Investmentproperties 11 111785,000 11,785,000
Investments 12 2,608,355 2,287,126
14,072,126
Currentassets
Debtors 13 8,398 -
Cashatbankandinhand 262,542 310,192
270,940 310,192
Creditors:amountsfallingduewithin
oneyear 14 (208,074) (295,328)
Netcurrentassets 62,866 14,864
Totalassetslesscurrentliabilities 14,457,923 14,086990
Creditors:amountsfallingdueafter
morethanoneyear 15 (23,500) (111,170)
Netassets 14,434,423 13,975,820
Incomefunds
Unrestrictedfunds 14,434,423 13,975,820
14,434,423 13,975,820

Unrestricted Total
funds
2023 2022
£ £
Donations 353 250

Income Income
2023 2022
£ £
Rentreceived 477,773 425,290
Depositaccountinterest 678 -
478,451 425,290

Charitable Support Governance Total Total
activities costs costs 2023 2022
2023 2023 2023
£ £ £ £ £
Grantstoinstitutions 15,009 - - 15,009 186,934
Grantstoindividuals 73,408 - - 73,408 256,579
Salaries - 37,932 - 37,932 31,405
Insurance - 1,369 - 1,369 1,426
Otherestablishment - 5,566 - 5,566 4,007
Auditorsremuneration - - 5,040 5,040 4,580
Legalandotherprofessionalfees - - 1,992 1,992 1,023
CostsofTrusteesmeetings - - 1,114 1,114 423
88,417 44,867 8,146 141,430 486,377
88,417 44,867 8,146 141,430 486,377

Grantspayable
Thetotalgrantspayabletoinstitutionsduringtheyearwereasfollows:
2023 2022
AlexanderFirstSchool (46) 15,484
AngusCouncil 8,291 -
BuntingsdalePrimarySchool - (7,179)
CartertonPrimarySchool - (1,750)
CartertonCommunityCollege 15,000 -
Clarendon - 11,453
CredenhillPrimary (99) 7,500
CurridgePrimary - (2,282)
EastEndPrimary 280 -
EditMoorhouse 540 -
ElsonInfants 1,868 -
Firhill - 20,000
Forres - 29,000
GatewaySchool 9,720 1,500
KnocknagoneyPrimarySchool (1,000) (1,090)
LittleTroopers - 6,000
OxfordshireCC - 13,200
Peelprimary (550) 4,000
SalisburyPlainAcademies (12,628) -
SCiP - 48,000
ShrivenhamPrimarySchool - (2)
SouthFarnboroughJuniorSchool (6,345) 6,995
SSCECymru - 34,246
StChristopher's 1,198 -
UptonbyChesterHigh (1,220) -
WellingtonAcademy - 2,220
ZouchAcademy - (361)
Totalgrantstoinstitutions 15,009 186,934

Unrestricted Total
funds
2023 2022
£ £
Revaluationofinvestments 121,229 (56,848)
Revaluationofinvestmentproperties - 225,000
121,229 168,152

Debtors
2023 2022
Amountsfallingduewithinoneyear: £ £
Tradedebtors 8,398 -

Creditors:amountsfallingduewithinoneyear
2023 2022
£ £
Grantcreditors 23,175 1,625
Accrualsanddeferredincome 184,899 293,703
208,074 295,328
Creditors:amountsfallingdueaftermorethanoneyear
2023 2022
£ £
Accrualsanddeferredincome 23,500 111,170

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