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|Trustees||Squadron
Leader|Richard Woolls|Richard Woolls|Richard Woolls|(Chairman)|(Chairman)|
|---|---|---|---|---|---|---|---|
|||Wing Commander|(Rtd)||Lee Morgan||(Deputy Chairman)|
|||Group Captain Rers Holland||||||
|||Warrant
Officer Shaun||Griffin||||
|||Right Sergeant
Richard|||Bromwell|||
|||Right Sergeant Steven||Thorp||||
|Chairman||Squadron
Leader|Richard Woolls|||||
|Treasurer||Right Lieutenant|Graeme Royston|||||
|Charity number||1171215||||||
|Operation|address|RAF FPHeadquarters||||||
|||RAF Honington||||||
|||Bury St Blmunds||||||
|||Suffolk||||||
|||IP31 1EE||||||
|Accountants||Gascoynes||||||
|||Chartered
Accountants||||||
|||Gascoyne House||||||
|||Moseleys
Farm Business|||Centre|||
|||Fornham
All Saints||||||
|||Bury St Rlmunds||||||
|||Suffolk||||||
|||IP28 6JY||||||
|Bankers||Holts Royal Bank|of Scotland|||||
|||The Royal Bank of Scotland pic||||||
|||Holts Military
Banking||||||
|||2nd Floor, Lawrie|House|||||
|||31 - 37Victoria Rbad||||||
|||Farnborough||||||
|||GU14 7NR||||||
|Investment|managers|Cazenove
Capital||||||
|||1 London
Wall||||||
|||Barbican||||||
|||London||||||
|||EC2Y5AU||||||
|||Meteor Investment|Management|||Limited||
|||55 King William Street||||||
|||London||||||
|||EC4R9AD||||||
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||||||Page|
|---|---|---|---|---|---|
|Trustees'|report||||1-3|
|Independent||examiner's||report||
|Statement|of|financial|activities|||
|Balance sheet||||||
|Notes to|the|accounts|||7- 11|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|||
|Incoming
resources|from generated|funds||||
|Voluntary
income||||56,560|21,885|
|Trading
activities||||506|5,141|
|Investment
income||||21,067|14,553|
|Total incoming
resources||||78,133|41,579|
|Resources expended||||||
|Cost of generating|funds|||||
|Voluntary
income||||2,000|7,458|
|Charitable
activities||||23,783|16,215|
|Overheads||||274|15,990|
|Trading
Activities||||1,500||
|Total resources expended||||27,557|39,663|
|Net surplus-
Note 8||||50,576|1,916|
|All ofthe results relate to continuing||activities.||||
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|||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|f||f||
|Fixed assets||||||||||
|Tangible assets|||||||337,928||337,928|
|Investments|||||||1,173,623||1,190,109|
||||||||1,511,551||1,528,037|
|Current assets||||||||||
|Debtors||||||1,620||1,580||
|Cash at bank|and|in hand||||254,707||140,541||
|||||||256,327||142,121||
|Creditors: amounts|||falling due within|||||||
|one year||||||(2,529)||(2,529)||
|Net current assets|||||||253,798||139,592|
|Total assets|less current|||liabilities|||1,765,349||1,667,629|
|Capital and|reserves|||||||||
|Reserves||||||1,529,784||1,479,208||
|Rt.valuation|reserve|||||235,565||188,421||
||||||||1,765,349||1,667,629|
||||||||1,765,349||1,667,629|
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|||||2022|2021|
|---|---|---|---|---|---|
||Shop sales|||506|5,141|
|3|Investment|income||||
|||||2022|2021|
||||||F|
||Cash and settlements||pending|||
||Gross bank interest earned on funds held on deposit||||62|
||||||62|
||Dividends|and interest|received from investments|||
||Dividends|received||20,775|14,063|
||Interest
received on funds held|||284|428|
|||||21,059|14,491|
||Total|||21,067|14,553|
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|4|Tangible fixed assets|Tangible fixed assets|||||
|---|---|---|---|---|---|---|
||||Museum
art|Regimental|Computer|Total|
||||collection|silver|equipment||
||Cost||||||
||At 1 April 2021||26,045|311,883|846|338,774|
||At 31 March|2022|26,045|311,883|846|338,774|
||Depreciation|and impairment|||||
||At 1 April 2021||||846|846|
||At 31 March|2022|||846|846|
||Carrying
amount||||||
||At 31 March|2022|26,045|311,883||337,928|
||At 31 March|2021|26,045|311,883||337,928|
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||||||Cazenove|Meteor||
|---|---|---|---|---|---|---|---|
||||||Capital|Investment||
||||||Investment|Management||
|||||||0',d|Total|
||||||f|||
||Cost or valuation|||||||
||At 1 April 2021||||1,080,357|109,753|1,190,110|
||Additions
- purchase||ofstocks and shares||366,337||366,337|
||Adjustments
to agree||valuations to valuation|reports - note||||
||10||||42,057|5,087|47,144|
||Disposals-
sale of stocks and shares||||(315,128)||(315,128)|
||Maturity of investment|||||(114,840)|(114,840)|
||At 31 March 2022||||1,173,623||1,173,623|
||Carrying
amount|||||||
||At 31 March 2022||||1,173,623||1,173,623|
||At 31 March 2021||||1,080,357|109,753|1,190,110|
|6|Debtors|||||||
|||||||2022|2021|
||Amounts
falling due||within one year:|||||
||Prepaid expenses and||accrued income|||1,620|1,580|
|7|Creditors: amounts|falling due within one||year||||
|||||||2022|2021|
||Accruals and deferred||income|||2,529|2,529|
|8|Reserves||||Revaluation|Reserves|Total|
||||||reservesf|E||
||Opening
balance at 1||April 2021||(188,421)|(1,479,208)|(1,667,629)|
||Surplus for year|||||(50,576)|(50,576)|
||Adjustments
to agree||valuations to valuation|report|(47,144)||(47,144)|
||Closing balance at 31||March 2022||(235,565)|(1,529,784)|(1,765,349)|
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||||||||2022
f||2021f|
|---|---|---|---|---|---|---|---|---|---|
|Incoming
resources||||||||||
|Voluntary income||||||||||
|Bequest income||||||48,712||5,000||
|Hayden
Medal AstGiving||||Funds||||7,458||
|Income for maintenance|||of memorial||stones at the|||||
|National
Memorial|Arboretum|||||2,251||5,640||
|Donations||||||5,597||3,787||
||||||||56,560||21,885|
|Trading activities||||||||||
|Shop sales||||||506||5,141||
||||||||506||5,141|
|Investment income||||||||||
|Gross bank interest||received||||8||62||
|Dividends
received||||||20,775||14,063||
|Interest received on||funds||held with|investment|||||
|managers||||||284||428||
||||||||21,067||14,553|
|Total incoming
resources|||||||78,133||41,579|
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||||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Resources expended||||||||||||
|Costs of generating|funds|||||||||||
|Voluntary income||||||||||||
|Corps Memorial
Garden||expenses|||funded||by|||||
|Hayden
Medal AstGiving|||Funds|||||||3,627||
|Contributions
to Heritage|||Centre Medal room out|||||||||
|of Hayden
Medal AstGiving||||Funds||||||3,831||
|Contribution
to law|degree funded||||out of||Gravely|||||
|Budget||||||||2,000||||
||||||||||(2,000)||(7,458)|
|Charitable
activities||||||||||||
|Supported
projects||||||||4,991||532||
|Gifting costs||||||||327||48||
|Kids and contributions||to|sport and|||adventure||||||
|activities||||||||12,814||4,826||
|National
Memorial|Arboretum|||maintenance|||and|||||
|engraving
costs||||||||3,954||8,862||
|National
Memorial|Arboretum|||annual||subscription||1,697||1,947||
||||||||||(23,783)||(16,215)|
|Overheads||||||||||||
|General||||||||11,775||9,970||
|Financial||||||||(11,501)||6,020||
|Trading
activities||||||||1,500||||
||||||||||(1,774)||(15,990)|
|Total resources expended|||||||||(27,557)||(39,663)|
|Net surplus for year|||||||||50,576||1,916|
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||||||2022||2021|
|---|---|---|---|---|---|---|---|
|Overheads - General||||||||
|engagement
costs||||6,538||1,224||
|Postage and stationery||||||45||
|Insurance for regimental
silver and artwork||||2,256||2,144||
|Trustee indemnity
insurance||||781||520||
|Payment to RAF Regiment
Heritage Centre as||||||||
|authorised
in The Centurion|Fund minutes|||||5,000||
|80th Anniversary
costs||||2,200||||
|Trustees training
courses||||||1,037||
||||||11,775||9,970|
|Overheads - Financial||||||||
|(Gain) on disposal ofstocks|and|shares by||||||
|Cazenove
Capital Management||Ltd||(33,144)||(15,148)||
|Card machine charges||||216||94||
|Investment
Managers'
charges for managing|||Fund's|||||
|portfolios of investments||||18,510||17,900||
|Accounting
software subscription||||144||144||
|Bookkeeping
services||||840||840||
|Accountancy
and taxation||||1,833||2,190||
|Legal and professional
fees||||100||||
||||||(11,501)||6,020|
|Overheads - Trading acti vi|tes|||||||
|Purchase ofstock for resale||||1,500||||
||||||1,500|||
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