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2024-03-31-accounts

Contents Page
ReferenceandAdministrativeDetails 2
AMessagefromourChair 3
Trustees'Report 4-7
Trustees'ResponsibilitiesStatement 8
IndependentAuditor'sReport 9-12
FinancialStatements 13-15
PrincipalAccountingPolicies 16-19
NotestotheFinancialStatements 20-30
Trustees: DameJudithMayhewJonasDBE(Chair)
MrGeraldAllison(appointed5September2023)
MajorGeneralAlastairBruceKStJOBEVR
MrJulianEvans
TheHonKevanJonesMP
SirAdrianAlastairMontagueCBE
CaptainJaySingh-SohalVR
MrChristopherWalsh(appointed5September2023)
ChiefExecutive: ClaireHortonCBE
Directorofthe MicheleJennings
Foundation:
ExecutiveDirector: JohnGrain(resignedMay2023)
RegisteredOffice: 2MarlowRoad,Maidenhead,Berkshire,SL67DX
Bankers: HSBC,TheBoulevard,Crawley,WestSussex,RH101UT
BNPParibasFords,KorteTorhoutstraat1,8900leper
BNPParibas,Centred'AffairesNorddeFranceEntreprises,
140,ParvisdeRotterdam,59777Lille
Auditors: BuzzacottTJP,130WoodStreet,London,EC2V6DL

Dame Judith Mayhew Jonas DBE

Un-
restricted
Funds
Restricted
Funds
Total restricted
Funds
Restricted
Funds
Total
2024 2024 2024 2023 2023 2023
Note £ £ £ £ £ £
Incomefrom:
Donations&Legacies 1 378,670 109,961 488,631 238,031 55,000 293,031
CharitableActivities
Grantsreceivable 2 1,650 1,650
SupporterScheme
Income
3 64,006 64,006 56,863 56,863
InvestmentIncome 4 5,417 5,417 2,561 2,561
OtherTrading
Activities
5 56,419 56,419 52,237 52,237
TotalIncome 504,512 111,611 616,123 349,692 55,000 404,692
Expenditureon:
Raisingfunds
Fundraisingcosts 6 361,389 361,389 316,165 316,165
CharitableActivities 7 106,440 126,611 233,051 93,264 392,683 485,947
Totalexpenditure 467,829 126,611 594,440 368,659 392,683 802,111
Netincome/
(expenditure)
36,683 (15,000) 21,684 (59,737) (337,683) (397,420)
Otherrecognised
(losses)andgains
8 (3,659) (3,659) 1,561 1,561
Netmovementin
funds
33,024 (15,000) 18,024 (58,176) (337,683) (395,859)
Reconciliationof
funds
Totalfundsbrought
forward
14 42,432 15,000 57,432 100,608 352,683 453,291
Netmovementin
funds
14 33,024 (15,000) 18,024 (58,176) (337,683) (395,859)
Totalfundscarried
forward
14 75,456 75,456 42,432 15,000 57,432

Dame Judith Mayhew Jonas DBE

Claire Horton CBE

Charity Number 1171947

Un-
restricted
Funds
Restricted
Funds
Total restricted
Funds
Restricted
Funds
Total
2024 2024 2024 2023 2023 2023
Netcashprovidedby/
(usedin)operating
activities
Netincome/
(expenditure)
33,024 (15,000) 18,024 (58,176) (337,683) (395,859)
(Increase)ininventories (515) (515) (923) (923)
Decrease/(increase)in
debtors
3,466 3,466 (7,345) (7,345)
(Decrease)/increasein
creditors
(8,419) (8,419) 24,548 (1,961) 22,587
(Decrease)inintergroup
balancewithCWGC
98,898 (98,898) (7,936) (2,768) (10,704)
Netcashprovidedby/
(usedin)operating 126,455 (15,000) 111,455 (49,832) (342,412) (392,244)
activities
Increase/(Decrease)in
cash
126,455 (15,000) 111,455 (49,832) (342,412) (392,244)

At31
At1September
2022
Cash
flows
August
2023
L'000 £'000 £'000
Cashandcashequivalents 82,902 111,455 194,357
82,902 111,455 194,357
Loansfallingdueaftermorethanoneyear 106,164 106,164
Total 82,902 4,981 88,193

Donations—Unrestricted
2024 2023
Donations&CWGFlegaciesreceived 125,872 79,710
Legacies—receivedatHeadOffice 128,560 46,916
Donations-Belgium,leperInformationCentre 5,159 1,602
Donations-France,BeaurainsVisitorCentre 4,466 3,999
GiftAid-Claimsfromdonations 1,958 920
Donationsinkind-valuedcostforservicesfromCWGC 112,655 104,884
378,670 238,031

2024 2023
£
PostOffice—Speakersprogramme 20,000
PostOffice—Heritagetrails 2,000
PostOffice—Storiesportal 49,997
HughMTarbuttonJr—Guidesprogramme 7,964
AcreProperties—TanzanianOralHistoriesproject 5,000
AcreProperties-BayeuxLighting 25,000
RunnymedeMemorialLightingproject 50,000
PrincessAnne'sTrust—Speakersprogramme 5,000
109,961 55,000

2024 2023
TheLawonTrust-HighlightingHawkinge'sHeroes 1,650
1,650
GrantincomewasreceivedtopromotethestoryoftheBattleof
BritainairmenHawkinge'sHeroes
3
Income-MembershipSchemeandSponsorship—Unrestricted
2024 2023
£ £
Standarddonationmembership 59,257 50,367
Standarddonationmembership-GiftAid 4,249 4,896
Sponsorship—CarolService 1,000
Sponsorship—AnEveningatBrookwood 500 600
64,006 56,863

2024 2023
£
BankInterest 5,417 2,561
5,417 2,561

2024 2023
£
TicketSalesEvents 10,017 21,294
Merchandisesales 12,140 13,941
Booksandprintedmattersales 18,742 9,247
Saleofwreaths 9,687 3,901
Tour&CoachReservationFees-BeaurainsVisitorCentre 2,925 1,823
School&UniversityVisits-BeaurainsVisitorCentre 2,908 2,031
56,419 52,237
Raising
Funds
Staff/
recharge
costs
Other
Direct
costs
Total
2024
Staff/
recharge
costs
Other
Direct
costs
Total
2023
Fundraising
costs
188,010 173,379 361,389 206,180 109,985 316,165
188,010 173,379 361,389 206,180 109,985 316,165

Un-
restricted
Restricted 2024
Total
Un-
restricted
Restricted 2023
Total
£ £ £ £ £ £
Advancingpublic
educationonFirstand 53,220 126,611 179,831 46,632 392,683 439,315
Secondworldwars
Promotingand
supportingactivities 53,220 53,220 46,632 46,632
undertakenbyCWGC
106,440 126,611 233,051 93,264 392,683 485,947
8 Otherrecognised(losses)/gains
2024 2023
Exchange(loss)/gainonbalancesheetrevaluation (3,659) 1,561
(3,659) 1,561
9 Governancecosts
2024 2023
FeespayabletotheFoundation'sauditorfortheauditofthe
Foundation'sfinancialstatements
5,580 5,430
Fess payableforprofessionalfeesforbranchesinBelgiumandFrance 894 293
6,474 5,723

10
StockofMerchandise
2024 2023
Booksandmaps 3,177 5,104
Merchandise-stationery,badges,andpins 10,199 7,757
13,376 12,861

2024 2023
£ £
Prepayments 2,617 2,748
Accrueddonations 6,130 9,466
Intergroupbalanceowedfrom CommonwealthWar
GravesCommission
8,632
17,380 12,214

12
Creditors:amountsfallingduewithinoneyear
2024 2023
£ £
Deferredincome 175
Tradecreditors 16,773 4,584
Accruals 17,073 18,291
Othercreditors 9,646 26,129
IntergroupbalanceowedtoCommonwealthWar
GravesCommission
1,366
43,492 50,545

13
Creditors:amountsfallingdueaftermorethanoneye
ar
2024 2023
L
IntergroupbalanceowedtoCommonwealthWarGraves
Commission
100,000
Interest 6,164
106,164

14
Retainedfunds
2024 2023
£
Unrestrictedfund 75,456 42,432
Restrictedfunds 15,000
75,456 57,432

Brought Carried
forward Income Expenditure forward
2023/24 01-Apr-23 31-Mar-24
£ £ £ £
Restrictedfunds
Guides(Interns) 15,000 (15,000)
PostOffice—SpeakersandTour
GuidesProgrammes
20,000 (20,000)
PostOffice-Heritagetrails 2,000 (2,000)
PostOffice—Storiesportal 49,997 (49,997)
LawsonTrust—Highlighting
Hawkinge'sHeroes
1,650 (1,650)
Donation—Guidesprogramme 7,964 (7,964)
Acreproperties—TanzanianOral
historiesproject
5,000 (5,000)
Acreproperties-Bayeuxlighting 25,000 (25,000)
Totalrestrictedfunds 15,000 111,611 (126,611)
Unrestrictedfunds 42,432 504,512 (471,488) 75,456
Totalfunds 57,432 616,123 (598,099) 75,456
GrantsandDonationsawardedtotheFoundationforspecificprojectsaretreatedasrestrictedinlinewiththe
ontract.
n2023/24therewas£112kofrestrictedincomeinrespectofsevenprojects.Thisconsistedofrestricted
onations:£72kfromthePostOfficetosupportthreeSpeakersProgrammes,£8kfromadonerforthe
GuidesProgramme,2kgrantfromtheLawsonTrustforhighlightingHawkinge'sHeroesand£40kfrom
Acrepropertieswhich£5kwasfortheTanzanianOral Historiesproject and£25kfortheBayeuxcemetery
ighting.
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)
Kantor—SpeakersProgramme 50,000 (50,000)
MacRobertsTrust-Speakers
Programme
5,000 (5,000)
Totalrestrictedfunds 352,683 55,000 (392,683) 15,000
Unrestrictedfunds 100,608 349,692 (407,867) 42,432
Totalfunds 453,291 404,692 (800,550) 57,432
Analysisofnetassets/(liabilities)betweenfunds
Unrestricted
funds
Restricted
funds
Total2024
£ £ L
Fundbalancesat31March2024arerepresentedby:
Stock 13,376 13,376
Cashatbankandinhand 194,357 194,357
Debtorsamountsfallingduewithinoneyear 17,380 17,380
Creditorsamountsfallingduewithinoneyear (43,492) (43,492)
Total 181,620 181,620
Creditorsamountsfallingdueaftermorethanoneyear (106,164) (106,164)
Totalfundscarriedforward 75,456 75,456
Unrestricted Restricted Total
funds funds 2022
£ £
Fundbalancesat31March2023arerepresentedby:
Stock 12,861 12,861
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

2024 2023
£ £
Wagesandsalaries 160,445 159,950
Socialsecuritycosts 16,547 16,768
Pension—definedcontributionscheme 13,807 18,182
Staff-donatedsupportservicesfromCWGC 88,907 79,723
279,706 274,623

Finance Legal Marketing Mgt HRand
Ops
Total
2022
£ £ £ £ £ £
Support 71,528 3,788 20,760 1,542 1,670 99,287
Facilities 3,368 13,368
84,896 3,788 20,760 1,542 1,670 112,655
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