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2023-03-31-accounts

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