2021-12-31-accounts - The Green Howards Trust

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					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report	to the	trustees
Statement offinancial activities	(including		income and
expenditure account)
Statement offinancial position					10
Notes to the financial statements					12
The following pages do not form part ofthe financial statements
Detailed statement offinancial	activities				27
Notes to the detailed statement	offinancial		activities
including Museum consolidation					29-32

Registered	charity	name	name	The Green Howards
Charity registration		number		1165426
Company	registration		number	CE007127
Principal offic and		registered		Regimental Headquarters
oNce				Green Howards Museum
				Trinity Church Square
				Richmond
				North Yorkshire
				DL10 1AQ
The trustees
				Lt Col (Retd) J N Watt
				(Chairman)
				Major (Retd) P B R Houghton
				Colonel (Retd) S Fovargue	MBE
				Mr P Bennison
				Captain (Retd) P Taylor
				Colonel J KWright
				Colonel SMoss
				Mrs BThornton-Berry
				Captain (Retd) R Nevilie
				Colonel R Mantell MBE Colonel J Willis IVIBE		(Resigned (Resigned	21 July 2021) 14May 2021)
				Brig (Retd) E D Colthup		(Appointed	15May 2022)
				Lady B Hale DBEPC		(Appointed	15 May 2022)
Independent	examiner			Jane Boagey FCCA
				15Newblggin
				Richmond
				North Yorkshire
				DL104DR

					2021		2020
				Unrestrlcte d	Restricted
			Note	fund f s	funds f	Total funds f	Total funds
Income and endowments
Donations and legacies			5	110,46		110,469	135,976
Charitable activities			6	22,65		22,653	18,453
Other trading activities			7	48,28		48,286	31,267
investment income			8	53,66		53,660	53,771
Total Income				235,068		235 068	239467
Expenditure
Expenditure on raising funds;
Raising funds			9	8,045	1,636	9,681	3,156
Costs oftrading activities			10	23,915		23,915	14,650
Investment management		costs	11	19,517		19,517	19,110
Expenditure on charitable	activities		12,13	241,836	40,332	282,168	309,490
Other expenditure			14				1,000
Total expenditure				293,31,3	41,968	335,281	347,406
Net gains on investments			15	(252,979)		(252,979)	(5,133)
Net Income/(expenditure)				194,734	(41,968)	152,766	(102,806)
Transfers between funds				(2,095)	2,095
Net movement In funds				192,639	(39,873)	152,766	(102,806)
Reconciliation offunds
Total funds brought forward				3,528,284	699,961	4,228,245	4,331,051
Total funds carried forward				3,720,923	660,088	4,381,011	4,228,245

						2021	2020
					Note	6	6
Fixed assets
Tangible fixed assets Investments					20 21	1,243,154 3,001,156	1,332,247 2,778,035
						4,244,310	4,110,282
Current assets
Stocks Debtors Cash at bank and	in	hand			22 23	19,102 4,482 128,054	17,412 11,076 111,880
						151,638	140,368
Credltoni: amounts		failing due within		one year	24	14,937	22,405
Net current assets						136,701	117,963
Total assets less	current		liabilities			4,381,011	4,228,245
Net assets						4,381,011	4,228,245
Funds ofthe charity
Restricted funds Unrestricted funds						660,088 3,720,923	699,961 3,528,284
Total charity funds					27	4,381,011	4,228,245

orshe is a member, or within one year Donations and legacies	after he or she ceases to bea	member.
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	r.
Donations
General donations	14,002		14,002
Medals
Collen Collins donations

							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
									5
	Grants
	MOD wages		grant				22,305		22,305
	Art fund						4,245		4,245
	Friends ofthe Green Howards				Museum		3,000		3,000
	Saintburys	Trust Grant					5,000		5,000
	Government		grant income				61,917		61,917
							110,469		110,469
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2020
								F	F
	Donations
	General donations						16,137		16,137
	Medals							14,635	14,635
	Collen Collins donations						15,000		15,000
	Grants
	MOD wages		grant				22,174		22,174
	Art fund							1,515	1,515
	Friends ofthe Green Howards				Museum			3,954	3,954
	Salntburys	Trust Grant
	Government		grant income				62,561		62,561
							115,872	20,104	135,976
6.	Charitable	activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						F		5
	Admissions	and museum		events		22,653	22,653	18,453	18,453
7.	Other trading activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						E	6		6
	Shop sales					40,598	40,598	22,414	22,414
	AMOT consultancy							8,853	8,853
	Cafe					7,688	7,688
						48,286	48,286	31,267	31,267

Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021 f	Funds E	2020 E
Income from listed investments	53,659	53,659	53,763	53,763
Sank Interest receivable	1	1	8	8
	53,660	53,660	53,771	53,771

				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				E	E	f
Advertising				4,318		4,318
Exhibitions	and	special projects		3,727	1,636	5,363
				8,045	1,636	9,681
				Unrestricted	Restricted	Total Funds
				Funds F	Funds f	2020
Advertising				3,156		3,156
Exhibitions	and	special projects
				3,156		3,156
Costs oftrading		activities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
				E	E
Shop costs			21,375	21,375	14,650	14,650
Cafe costs			2,540	2,540
			23,915	23,915	14,650	14,650

Investment	management	costs
			Unrestricted	Total	Funds	Unrestricted	Total	Funds
			Funds E		2021 E	Funds f		2020 E
Investment	management	charges	19,517		19,517	19,110		19,110

12.	Expenditure	on charitable	activities	by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds f	2021 f
	Museum costs				237,686	40,332	278,018
	Support costs				4,150		4,150
					241,836	40,332	282,168
					Unrestricted	Restricted	Total Funds
					Funds f	Funds f.	2020 f
	Museum costs Support costs				240,392 3,374	65,724	306,116 3,374
					243,766	65,724	309,490
13.	Expenditure	on charitable	activities	by activity type
				Activities
				undertaken	Support	Totatfunds	Total fund
				directly f	costs	2021 f	2020 f
	Museum costs Governance costs			278,018	4,150	278,018 4,150	306,116 3,374
				278,018	4,150	282,168	309,490
14.	Other expenditure
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021 f	Funds f	2020 f'
	Grants payable					1,000	1,000
15.	Net gains on	investments
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021 f	Funds f	2020 f
	Gains/(losses)	on listed investments		252,979	252,979	5,133	5,133

16.	Net Incomef(expenditure	Net Incomef(expenditure	)
	Net incomer(expenditure)			is stated after charging/(crediting):
						2021	2020
						E	E
	Depreciation	oftangible	fixed assets			79,892	95,972
	Reallocation	of heritage	assets to Museum			9,201
17.	Independent	examination		fees
						2021	2020
						E	E
	Fees payable	to the independent examiner			for:
	Independent	examination		ofthe financlal statements		4,500	9,270

Staffcos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2021	2020
				E	F
Wages and salaries				131,525	135,752
Social security costs				6,788	7,132
Employer	contributions	to pension	plans	6,271	4,480
				144,584	147,364

Tangible fixed assets
		Long
	Freehold	leasehold	Fixtures and
	property	property	fittings	Equipment 6	Total f
Cost
At 1 January 2021	20,000	1,049,824	596,786	11,773	1,678,383
Disposals Other movements			(554) (13,767)		(554) (13,767)
At 31 December 2021	20 000	1 049 824	582,465	11,773	1,664,062
Depreciation
At 1 January 2021 Charge for the year Dlsposals		86,944 20,996	248,180 58,247 (5,120)	11,012 649	346,136 79,892 (5,120)
At 31 December 2021		107,940	301,307	11,661	420 908
Carrying amount
At 31 December 2021	20,000	941,884	281,158	112	1,243,154
At 31 Deceinber 2020	20,000	962,880	348,606	761	1,332,247

	Cash or cash	Listed
	equivalents f	investments F	Total 8
Cost or valuation
At 1 January 2021	81,773	2,696,262	2,778,035
Additions		340,703	340,703
Disposals		(312,020)	(312,020)
Fair value movements		224,296	224,296
Other movements	(64,375)	34,517	(29,858)
At 31December 2021	17,398	2,983,758	3,001,156
Impairment
At 1January 2021 and 31December 2021
Carrying amount
At 31 December 2021	17,398	2,983,758	3,001,156
At 31 December 2020	81,773	2,696,262	2,778,035
All investments shown above are held at valuation.

22.	2021 amount f741,265). Stocks	to f83	4,769 (2020 - f750,217), including an en	dowment fund ofF817	,531 (2020
				2021	2020
				E	E
	Finished goods and goods for resale			19,102	17,412
23.	Debtors
				2021	2020
				E
	Trade debtors Prepayments Other debtors	and accrued income		491 3,616 375	6,042 3,400 1,634
				4,482	1'I,076
24.	Creditors: amounts		faglng due within one year
				2021 f	2020 f
	Trade creditors Accruals and deferred income Social security and other taxes Other creditors			3,058 4,500 4,882 2,497	1,428 18,245 2,301 431
				14,937	22,405

Government	grants	grants
The amounts	recognised in the financial statements		for government	grants are as follows: 2021 f	2020 f
Recognised	in income from donations	and legacies:
Government	grants income			61,917	62,561

						Gains and		At
		At1 Jan 21 f	Income f	Expenditure f	Transfers f	losses f	31 Dec f	21
General funds		3,528,284	235,068	(293,313)	(2,095)	252,979	3,720,923
		At				Gains and		At
		1 Jan 2020 f	Income f	Expenditure f	Transfers f	losses f	31 Dec f	20
General funds		3,585,470	219,363	(281,682)		5,133	3,528,264
Restricted	funds
						Gains and		At
		At1 Jan 21 F	Income F	Expenditure F	Transfers f	losses f	31Dec f	21
Restricted	Funds	699,961		(41,968)	2,095		660,088
						Gains and		At
		At1 Jan 20 f	Income F	Expenditure f	Transfersf	losses	31 Dec f	20
Restricted	Funds	745,581	20,104	(65,724)			699,961

Analysis	ofcharitable	funds (r,onrrnumt)
						Balance at
		Balance at				31
		1 January				December
		2021	Income	Expenses	Transfers	2021
		8	8		8	8
Museum	Development
Fund		646,125		(36,343)		609,782
Normandy	Memorial
Fund		18,976				18,976
Weston Loan with Art
Fund Programme		7,639		(772)		6,867
AIM Fund	&AMDT
Conservation		1,938				1,938
Medal Room Project-
Goldman	Sachs	231		(2,326)	2,095
Medal Room Project-
HLF		21,141		(2,527)		18,614
Medal Purchases		3,911				3,911
		699,961		(41,968)	2,095	660,088

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
				8
Tangible fixed assets		668,563	574,591	1,243,154
investments		3,001,156		3,001,156
Current assets		66,141	85,497	151,638
Creditors less than	1 year	(14,937)		(14,937)
Net assets		3,720,923	660,088	4,381,011
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
			F	6
Tangible fixed assets		737,568	594,679	1,332,247
Investments		2,778,035		2,778,035
Current assets		35,086	105,282	140,368
Creditors less than	1year	(22,405)		(22,405)
Net assets		3,528,284	699,961	4,228,245

			2021	2020
Income and endowments
Donations and legacies
Generaldonations			14,002	16,137
Medals				14,635
Collen Collins donations				15,000
MIOD wages grant			22,305	22,174
Art fund Friends ofthe Green Howards Saintburys Trust Grant		Museum	4,245 3,000 5,000	1,515 3,954
Government grant income			61,917	62,561
			110,469	135,976
Charitable activities
Admissions and museum	events		22,653	18,453
Other trading activities
Shop sales			40,598	22,414
AMOT consultancy Cafe			7,688	8,853
			48,286	31,267
Investment income
Income from listed investments			53,659	53,763
Bank interest receivable			1	8
			53,660	53,771
Total income			235,068	239,467

Year ended 3	1De	ce	m	ber 2021
					2021	2020
					6	E
Expenditure
Raising funds
Purchases					5,363
Advertising					4,318	3,156
					9,681	3,156
Costs oftrading	activities
Purchases					23,580	14,650
Other office costs					335
					23,915	14,650
investment management				costs
Investment management			charges		19,517	19,110
Expenditure on	charitable			activities
Wages and salaries					131,525	135,752
Employer's NIC					6,788	7,132
Pension costs					6,271	4,480
Repairs and maintenance					2,856	22,997
Insurance					23,218	23,206
Other motor/travel	costs				2,050	822
Legal and professional		fees			17,927	15,414
Other office costs					5,568	7,442
Depreciation					79,892	95,972
Other interest payable and similar charges					527	443
Reallocation of heritage		assets			9,201
Non-recoverable	VAT and		sundry expenses		(4,345)	(5,083)
Subscriptions					690	913
					282,168	309,490
Other expenditure
Grants payable						1,000
Total expenditure					335,281	347,406
Net gains on investments
Gains/(losses) on	listed	investments			(252,979)	(5,133)
Net Income/(expenditure)					152,766	(102,806)

		2021	2020
		6
Ralsingfunds
Advertising
Advertising		4,318	3,156
Exhibitions and	speciai projects
Exhibitions and special projects		5,363
Raising funds		9,681	3,156
Costs oftrading	activities
Shop costs
Shop costs - purchases Shop costs - card merchant fees		21,040 335	14,650
		21,375	14,650
Cafe costs
Cafe - purchases		2,540
Costs oftrading	activities	23,915	14,650

Expenditure on charitable	Expenditure on charitable	activities
Museum costs
Actfvitfes undertaken	directly
Wages Employer's NIC pension costs Repairs &maintenance			131,525 6,788 6,271 2,856	135,752 7,132 4,480 22,997
Security 8 insurance			23,218	23,206
Travel costs			2,050	822
Legal &professional fees Stationery &computer costs			8,787 5,568	6,144 7,442
Depreciation Reclassigcation of heritage assets			79,892 9,201	95,972
Sundry expenses Subscripiions			1,172 690	1,256 913
			278,018	306,116
Governance costs
Accountancy fees Other finance costs			9,140 527	9,270 443
Non-recoverable VAT			(5,517)	(6,339)
			4,150	3,374
Expenditure on charitable		activities	282,168	309,490

						2021					2020	2020
					CI0	Museum		Total		CIO	Museum		Total
Fixed assets
Tangible fixed assets					1/43,154		1,243,154		1,332+47			—	1,332247
Investments					3001 156	817531	3	818687	2	118035	141	265	3519300
					4,252,079	817,531	5,061,841		4,1tOP$2		741,265		4,851,54T
Current assets
Stocks					19,102			19,102		11,412		—	17,412
Debtors					4,482			4,482		11,076		—	11,076
Cash at bank and in hand					128054	17 38		145		111880	8	952	120832
					151,638	17,238		168,876		140,368	8,952		149,320
Creditors:	amounts		falling	due within one year	14937			14937		22405
Net current	assets				136701	17238		153939		117963	8	952	128915
Total assets		less current		liabilities	4 388160	834769	5	15780	4	228 45	750	17	4 978462
Net assets					4 388780	834769	5	215780	4	228 45	750	217	4 978462
Funds ofthe		charity
Endowment						817.531		817531			741~		741/65
Restricted	funds				660,088			660,088		699,961			699,961
Unrestricted		funds			3.720,923	17738	3.738,161		3,528/84		8,952		3,537/36
Total charily		funds			4381011	834169	5gt5 TBO		4	8745	750/17		4978462

					2021				2020
Income and endowmetrts				CIO	Museum		Total	CIO	Museum			Total
General domncum				14,002			14,002	16,137				18,137
Medals								14,635				14,635
CoDen Colfins donathns								15,000				15,000
MOD wages grant				22,305			22,3D5	22,174				2?,IT4
Art fund Friends ofIhe Green Howards bluseum Trust Gnmt ~gant inconw				4245 3,000 5,000 61,917			4245 3,000 5,000 61,917	1,515 3,954 62,581				1,516 3,954 62,%1
Admissions and museum	events			22,653			22,653	18,453				18,453
Shop sahm				40,598			40,598	22,414				22,414
AMDT co suitanrT Cafe Income frmn ested~				T,688 53,659, 8,356			7,688 62,015	8,853 53,763	7,938			8,853 61,101
Bank baerest recehratde				1	1		2	6				8
				235,068	8,357		243,425	239,467	7,93S			247,405
Errpendhure
Purchases				5,363			5,383
				4,318			4,3'I8	3,156				3,156
Other oflice casts ~man agernent charges Wages and salaries ~s NIC				19,517 131,525 e,?ee			24,825 131,525 8,788	I47150 19,110 135,752 7,132	4,776			14,650 23,886 135,752 1,132
Pension casts				6271			Bm	4,48D				4,460
Repairs and maintenance				2,956			2,858	22,997				22,997
				23gte			23pte	23/tat				23m
Other rrartorhravet costs				2,050			?050
Lcgrd and professkurd fees				17,927			17,927	15,414				15.414
Other office costs				5,568			5,558	1,442				7,442
Deprec laban Rec~ ofherbage	assets			79,892 9201			9P)t	95,972
Other interest payatdo and	similar	charges		521
Nonvecoverable VAT and Subsc ripbons	sundry etpenssm		(	4,345) 890		(	4,345)	( 5,083) 913		(		5,083) 913
Grmns payable								1 000				1 000
				335~1	5,3DS		340,589	341,406	4,778			352,182
Net gains on Invesbn ants Gainsf(bases) on listed~				252,979	129,501		382,480	5,133	85,418			90,596
Net lncomal(eapendltura)				152,766	132,550		285,310	( 102,800)	88,625		(	14,181)