| Contents | Page |
|---|---|
| Referenceandadministrativedetails | 2 |
| AmessagefromourChair | 3 |
| Trustees'Report | 4-7 |
| Trustees'ResponsibilitiesStatement | 8 |
| IndependentAuditor'sReport | 9-12 |
| FinancialStatements | 13-15 |
| PrincipalAccountingPolicies | 16-18 |
| NotestotheFinancialStatements | 19-28 |
| Trustees: | DameJudithMayhewJonasDBE(Chair) |
|---|---|
| MajorGeneralAlastairBruceKStJOBEVR | |
| MrJulianEvans(appointed6September2022) | |
| Lady LucyFrenchOBE(resigned22August2022) | |
| MrTerenceHewett(resigned22August2022) | |
| TheHonKevanJonesMP(reappointed6September2022) | |
| SirAdrianAlastairMontagueCBE | |
| CaptainJaySingh-SohalVR | |
| ChiefExecutive: | ClaireHortonCBE |
| Directorofthe | MicheleJennings |
| Foundation: | |
| ExecutiveDirector: | JohnGrain(resignedMay2023) |
| RegisteredOffice: | 2MarlowRoad,Maidenhead,Berkshire,SL67DX |
| Bankers: | HSBC,TheBoulevard,Crawley,WestSussex,RH10lUT |
| BNPParibasFortis,KorteTorhoutstraat1,8900leper | |
| BNPParibas,Centred'AffairesNorddeFranceEntreprises, | |
| 140,ParvisdeRotterdam,59777Lille | |
| Auditors: | BuzzacottT,TP,130WoodStreet,London,EC2V6DL |
3 October 2023
| Un- restricted Funds |
Restricted Funds |
Total | Un- restricted Funds |
Restricted Funds |
'Uotal | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| Note | £ | £ | £ | .4. | £ | L | |
| Incomefrom: | |||||||
| Donations-&Legacies | 1 | 238,031 | 55,01)0 | 293,031 | 298,232 | 48,675 | 346,907 |
| CharitableActivities | |||||||
| Grantsreceivable | -, | ||||||
| SupporterScheme Income |
3 | 56,863 | 56,863 | 50,238 | 50,238 | ||
| InvestmentIncome | 4 | 2,561 | 2,561 | 534 | 534 | ||
| OtherTrading Activities |
52,23' | 52,237 | 18,500 | 18,500 | |||
| TotalIncome | 349,692 | 55,000 | 404,692 | 367,504 | 48,675 | 416,179 | |
| Expenditureon: | |||||||
| Raisingfunds | |||||||
| Fundraisingcosts | 6 | 316,165 | 316,163 | 273,098 | - | 273,308 | |
| CharitableActivities | 7 | 93,264 | 392,683 | 485,947 | 95,561 | -,713 | 103,274 |
| Totalexpenditure | 409,429 | 392,683 | 802,112 | 368,659 | 7,713 | 376,372 | |
| Net(expenditure)/ income |
(59,737) | (33-,683) | (397,420) | (1,155) | 40,962 | 39,807 | |
| Otherrecognised gains |
8 | 1,561 | 1,561 | ||||
| Netmovementin funds |
(58,176) | (337,683) | (395,859) | (1,155) | 40,962 | 39,807 | |
| Reconciliationof | |||||||
| funds | |||||||
| Totalfundsbrought forward |
13 | 100,608 | 352,683 | 453,291 | 317,721 | 413,484 | |
| Netmovementin funds |
13 | (38,176) | (337,683) | (395,859) | (1,155) | 40,962 | 39,807 |
| Totalfundscarried forward |
13 | 42,432 | 15,000 | 57,432 | 100,608 | 352,683 | 453,291 |
| Unrestricted Funds |
Restricted Funds |
Total | Unrestricted Funds |
Restricted Funds |
Total | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| Note | £ | £ | £ | £ | £ | £ | |
| Currentassets | |||||||
| Stock | 10 | 12,861 | 12,861 | 11,938 | 11,938 | ||
| Cashatbankandinhand | 67,902 | 15,000 | 82,902 | 117,734 | 357,412 | 475,146 | |
| Debtors:amountsfalling duewithinoneyear |
12,214 | 12,214 | 4,869 | 4,869 | |||
| 92,977 | 15,000 | 107,977 | 134,541 | 357,412 | 491,953 | ||
| Creditors:amounts | |||||||
| fallingduewithinone | 12 | (50,545) | (50,545) | (33,933) | (4,729) | (38,662) | |
| year | |||||||
| Netcurrentassets | 42,432 | 15,000 | 57,432 | 100,608 | 352,683 | 453,291 | |
| Totalassetsless currentliabilities |
42,432 | 15,000 | 57,432 | 100,608 | 352,683 | 453,291 | |
| Netassets | 42,432 | 15,000 | 57,432 | 100,607 | 352,683 | 453,291 | |
| Fundsofthe | |||||||
| Foundation | |||||||
| Unrestrictedfunds | 13 | 42,432 | 42,432 | 100,608 | 100,608 | ||
| Restrictedfunds | 13 | 15,000 | 15,000 | 352,683 | 352,683 | ||
| 42,432 | 15,000 | 57,432 | 100,608 | 352,683 | 453,291 |
| Un- restricted Funds |
Restricted Funds |
Total | Un- restricted Funds |
Restricted Funds |
Total | |
|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | f | £ | f | |
| Netcashprovidedby/ | ||||||
| (usedin)operating | ||||||
| activities | ||||||
| Net(expenditure)/ income |
(58,176) | (337,683) | (395,859) | (1,155) | 40,962 | 39,807 |
| (Increase)/decreasein inventories |
(923) | (923) | 1,979 | 1,979 | ||
| Decrease/(increase)in debtors |
(7,345) | - | (7,345) | 77,132 | 490 | 77,622 |
| Increase/(decrease)in creditors |
24,548 | (1,961) | 22,587 | (2,330) | (3,778) | (6,108) |
| (Decrease)inintergroup balancewithCWGC |
(7,936) | (2,768) | (10,704) | (53,257) | (53,257) | |
| Netcash(usedin)/ | ||||||
| providedoperating | (49,832) | (342,412) | (392,244) | 22,369 | 37,674 | 60,043 |
| activities | ||||||
| (Decrease)/Increasein cash |
(49,832) | (342,412) | (392,244) | 22,369 | 37,674 | 60,043 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Movementincashandcashequivalents | (392,244) | 60,043 |
| Cashandcashequivalentsat1April | 475,146 | 415,103 |
| Cashandcashequivalentsat31March | 82,902 | 475,146 |
| Donations—Unrestricted | ||
|---|---|---|
| 2023 | 2022 | |
| Donations&CWGFlegaciesreceived | 79,710 | 81,053 |
| Legacies—receivedatHeadOffice | 46,916 | 61,558 |
| Donations-Belgium,leperInformationCentre | 1,602 | 291 |
| Donations-France,BeaurainsVisitorCentre | 3,999 | 975 |
| GiftAid-Claimsfromdonations | 920 | 1,739 |
| Donationsinkind-valuedcostforservicesfromCWGC | 104,884 | 152,616 |
| 238,031 | 298,232 |
| 2023 | 2022 | |
|---|---|---|
| £ | ||
| RunnymedeMemorialLightingproject | 50,000 | |
| PrincessAnne'sTrust—Speakersprogramme | 5,000 | |
| MacRobertsTrust-Speakersprogramme | 48,675 | |
| 55,000 | 48,675 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Standarddonationmembership | 50,367 | 46,191 |
| Standarddonationmembership-GiftAid | 4,896 | |
| Sponsorship—CarolService | 1,000 | |
| Sponsorship—AnEveningatBrookwood | 600 | 4,047 |
| 56,863 | 50,238 |
| 2023 | 2022: | |
|---|---|---|
| £ | £ | |
| BankInterest | 2,561 | 534 |
| 2,561 | 534. | |
| During2023BankInterestreceivedof£2.5k(2022£534) | ||
| 5 Incomefromothertradingactivities-Unrestricted |
||
| 2023 | 2022 | |
| £ | £ | |
| TicketSalesEvents | 21,294 | 8,563 |
| Merchandisesales | 13,941 | 6,455 |
| Booksandprintedmattersales | 9,247 | 2,836 |
| Saleofwreaths | 3,901 | |
| Tour&CoachReservationFees-BeaurainsVisitorCentre | 1,823 | 217 |
| School&UniversityVisits-BeaurainsVisitorCentre | 2,031 | 429 |
| 52,237 | 18,500 |
| Raising Funds |
Staff/ recharge costs |
Other Direct costs |
Total 2023 |
Staff/ recharge costs |
Other Direct costs |
Total 2022 |
|---|---|---|---|---|---|---|
| Fundraising costs |
206,180 | 109,985 | 316,165 | 158,783 | 114,315 | 273,098 |
| 206,180 | 109,985 | 316,165 | 158,783 | 114,315 | 273,098 |
| Un- restricted |
Restricted | 2023 Total |
Un- restricted |
Restricted | 2022 Total |
|
|---|---|---|---|---|---|---|
| £ | £ | L | ||||
| Advancingpublic | ||||||
| educationonFirstand | 46,632 | 392,683 | 439,315 | 47,781 | 7,713 | 55,494 |
| Secondworldwars | ||||||
| Promotingand | ||||||
| supportingactivities | 46,632 | 0 | 46,632 | 47,780 | 0 | 47,780 |
| undertakenbyCWGC | ||||||
| 93,264 | 392,683 | 485,947 | 95,561 | 7,713 | 103,274 |
| 8 Otherrecognisedgains/(losses) |
||
|---|---|---|
| 2023 | 2022 | |
| £ | ||
| Exchangegain/(loss)onbalancesheetrevaluation | 1,561 | |
| 1561 | 0 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| FeespayabletotheFoundation'sauditorfortheauditofthe Foundation'sfinancialstatements |
5,430 | 4,890 |
| FesspayableforprofessionalfeesforbranchesinBelgiumandFrance | 293 | 120 |
| 5,723 | 5,010 |
| 10 StockofMerchandise |
||
|---|---|---|
| 2023 | 2022 | |
| Booksandmaps | 3,944 | 3,165 |
| Merchandise-stationery,badges,andpins | 7,757 | 8,773 |
| 11,701 | 11,938 |
| 2023 | 2022 | |
|---|---|---|
| Prepayments | 2,748 | 1,535 |
| Accrueddonations | 9,466 | 3,334 |
| 12,214 | 4,869 |
| 12 Creditors:amountsfallingduewithinoneyear |
||
|---|---|---|
| 2023 | 2022 | |
| Deferredincome | 175 | 2,208 |
| Tradecreditors | 4,584 | 7,120 |
| Tradeaccruals | 18,291 | 6,396 |
| Othercreditors | 26,129 | 10,867 |
| IntergroupbalanceowedtoCommonwealthWar GravesCommission |
1,366 | 12,071 |
| 50,545 | 38,662 |
| 13 Retainedfunds |
||
|---|---|---|
| 2023 | 2022 | |
| £ | ||
| Unrestrictedfund | 42,432 | 100,608 |
| Restrictedfunds | 15,000 | 352,683 |
| 57,432 | 453,291 |
| Brought | Carried | |||
|---|---|---|---|---|
| forward | Income | Expenditure | forward | |
| 2022/23 | 01-Apr-22 | 31-Mar-23 | ||
| £ | £ | £ | £ | |
| Restrictedfunds | ||||
| Interns | 15,000 | 15,000 | ||
| AnningtonHomes | 289,008 | (289,008) | ||
| MacRobertsTrust-Speakers Programme |
48,675 | (48,675) | ||
| RunnymedeMemorialLighting | 50,000 | (50,000) | ||
| PrincessAnne'sTrust-Speakers Programme |
5,000 | (5,000) | ||
| Totalrestrictedfunds | 352,683 | 55,000 | (392,683) | 15,000 |
| Unrestrictedfunds | 100,608 | 349,692 | (407,868) | 42,432 |
| Totalfunds | 453,291 | 404,692 | (800,551) | 57,432 |
| Brought | Carried | |||
|---|---|---|---|---|
| forward | Income | Expenditure | forward | |
| 2021/22 | 01-Apr-21 | 31-Mar-22 | ||
| £ | £ | £ | £ | |
| Restrictedfunds | ||||
| Interns | 15,000 | 15,000 | ||
| AnningtonHomes | 289,008 | 289,008 | ||
| Kantor—SpeakersProgramme | 7,713 | (7,713) | - | |
| MacRobertsTrust-Speakers Programme |
48,675 | 48,675 | ||
| Totalrestrictedfunds | 311,721 | 48,675 | (7,713) | 352,683 |
| Unrestrictedfunds | 101,763 | 330,926 | (332,081) | 100,608 |
| Totalfunds | 413,484 | 379,601 | (339,734) | 453,291 |
| Analysisofnetassets/(liabilities)betweenfunds | |||
|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Total2023 | |
| £ | |||
| Fundbalancesat31March2023arerepresentedby: | |||
| Stock | 12,861 | 12,8861 | |
| Cashatbankandinhand | 67,902 | 15,000 | 82,902 |
| Debtorsamountsfallingduewithinoneyear | 12,214 | 12,214 | |
| Creditorsamountsfallingduewithinoneyear | (50,545) | (50,545) | |
| Total | 42,432 | 15,000 | 57,432 |
| Creditorsamountsfallingdueaftermorethanoneyear | |||
| Totalfundscarriedforward | 42,432 | 15,000 | 57,432 |
| Unrestricted | Restricted | Total | |
| funds | funds | 2022 | |
| £ | |||
| Fundbalancesat31March2022arerepresentedby: | |||
| Stock | 11,938 | 11,938 | |
| Cashatbankandinhand | 117,734 | 357,412 | 475,146 |
| Debtorsamountsfallingduewithinoneyear | 4,869 | 4,869 | |
| Creditorsamountsfallingduewithinoneyear | (33,933) | (4,729) | (38,662) |
| Total | 100,608 | 352,683 | 453,291 |
| Creditorsamountsfallingdueaftermorethanoneyear | |||
| Totalfundscarriedforward | 100,608 | 352,683 | 453,291 |
| 2023 | 2022 | |
|---|---|---|
| Wagesandsalaries | 159,950 | 102,401 |
| Socialsecuritycosts | 16,768 | 10,526 |
| Pension—definedcontributionscheme | 18,182 | 12,865 |
| Staff-donatedsupportservicesfromCWGC | 79,723 | 95,499 |
| 274,623 | 221,291 |
| Finance | Legal | Marketing | Mgt | HRand Ops |
Total 2022 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Support | 66,354 | 3,607 | 23,397 | 1,747 | 1,671 | 96,776 |
| Facilities | 8,108 | 8,108 | ||||
| 74,462 | 3,607 | 23,397 | 1,747 | 1,671 | 104,884 |
| Finance | Legal | Marketing | Mgt | HRand Ops |
Total 2022 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Support | 70,632 | 1,427 | 35,118 | 1,713 | 1,592 | 110,482 |
| Facilities | 7,954 | - | 34,180 | - | 42,134 | |
| 78,586 | 1,427 | 69,298 | 1,713 | 1,592 | 152,616 |