2020-12-31-accounts

	Tru~ name	Office (ifany)	Dates acted ifnot forwhole year	Name ofperson (orbody) entitled to appoint trustee ifany
	Colonel The	Chairman
	Honourable James			The Trustees themselves
	David Alexander
	Ramsbotham CBE
	DL
	Brigadier Paul			The Trustees themselves
	Joseph Andrew
	Baker OBE
	Dr Keith John			The Trustees themselves
	Bartlett
	Colonel Arthur			The Trustees themselves
	Watson Charlton
	TD DL
	Major General			The Trustees themselves
	Charles Seymour
	Collins DSO OBE
	Major Daryl			The Trustees themselves
	Michael Dowdall
	Major David			The Trustees themselves
	Hamilton MSc
	Colonel Stephen			The Trustees themselves
	John Hopper TD
	Major Christopher			The Trustees themselves
	Lawton MBE DL
	Colonel Harry			The Trustees themselves
10	Edward Shields
	MBE

	Mr Christian	Mr Christian	Hugh		The	The	Trustees themselves
	Stuart Swinburne
	Lieutenant		Colonel	Secretary	The		Trustees themselves
12	Lawrence Cleghorn	John Anderson
	MBE
13
14
15
16
17
18
20
	Names ofthe trustees forthe charity, ifany, (for example, any custodian						trustees)
	Name				Dates acted ifnot forwhole	ear

Names and addresses	Names and addresses	ofadvisers	(Optional	information)
T pe ofadviser		Name		Address
Independent	Examiner	A2ETS		Bede House,	3Belmont Business Park, Durham,				DH1
				1TW
Solicitors		Womble	Bond	St Ann's Wharf, 112Quayside,			Newcastle	upon	Tyne NE1
		Dickinson	LLP	3DX
Name ofchief executive		or names	ofsenior	staff members	(Optional	information)

ription ofthe charity's trus	ts
Type of governing document	Constitution	dated the 3"of		August 2017As Amended	on 12March 2020
How the chant is constituted	As a Charitable		Incorporated	Organisation
Trustee selection methods

You may additional relevant,	You may additional relevant,	choose to include information, where about:	choose to include information, where about:	choose to include information, where about:	choose to include information, where about:	choose to include information, where about:	choose to include information, where about:		When avacancy amongst the Trustees is anticipated potential candidates are identified. Following an initial approach by a Trustee an identified candidate's name is put to a properly convened meeting ofthe Trustees, with a copy oftheir CV. Ifapproved, they are appointed by the Trustees
~ ~	policies and procedures adopted forthe induction training oftrustees; the charity's organisational							and	fora period offive years. On appointment a new Trustee is given an aide memoire containing a history ofthe Durham Light Infantry and ofthe Charity, a copy ofthe Constitution, details oftheir fellow Trustees, a copy ofthe Charity's most recent accounts and copies ofthe minutes ofthe previous two Trustees' meetings.
	structure		and		any wider
	network works;		with		which	the	charity		The Trustees have a Risk Register based upon what they have identified as the significant risks facing the Charity. This Register is reviewed at
~	relationship			with any related					each meeting.
	parties;
~	trustees'		consideration				of
	major	risks and the				system
	and procedures to					manage
	them.
									~ I e
									The advancement ofeducation forthe public benefit by the holding and
									provision ofartefacts, items and collections, connected to orassociated
									with the armed services and in particular with the former Durham Light
									Infantry, and the facilitation ofthe display and exhibition ofthe same in
									such manner as the trustees ofthe CIO from time to time think fit.
									The promotion and efficiency ofthe armed forces ofthe Crown, including
									through:
									Promoting the military efficiency ofthe Army Reserve units as are
									from time to based in the County of Durham, by improving
									facilities and amenities oftraining and service.
									Creating repairing and maintaining memorials commemorating
									the deeds ofthe Durham Light Infantry orthe names ofits
Summary			ofthe objects				ofthe		members.
charity set out					in its
governing			document						Making grants:
									to The Rifles Benevolent Trust, as renamed or amalgamated into
									such other charitable organisations from time to time;
									towards the upkeep ofthe Durham Light Infantry Chapel in
									Durham Cathedral and the Memorial Garden in the Cathedral
									precincts; and
									to public museums relating to British military forces.
									The advancement ofculture and heritage related tothe armed forces, in
									particular in upholding the traditions ofthe former Durham Light Infantry
									and of perpetuating its deeds.
									Upholding the culture and heritage ofthe armed services in particular
									those ofthe former Durham Li ht Infant and etuatin their deeds.

	Ofthe total sum off96,136held on current and deposit (f41,956with the
Briefstatement ofthe	Royal Bank ofScotland and the remainder (f54,180) in the COIF Deposit
charity's policy on reserves	Account, 230,942 is restricted. The Trustees confirm their previous view that the level offree reserves be maintained at approximately R30,000
	to cover ongoing commitments and irregular outgoings.
Details ofany funds materially in deficit	None
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:	The Charity's principal source ofincome is derived from interest gained within the Investment Portfolio. It is further supplemented through ad-hoc donations and bequeathments. In 2020 the charity realised f3233 through these funding streams, slightly up (f149) on 2019.
~ the charity's principal sources offunds (including	Ofthe F799donated to the charity this year, f625was provided by
any fundraising);	Trustees for the specific purpose ofsponsoring a child in education
~ how expenditure has supported the key objectives of the charity;	through the Kohima Educational Trust. This very much supports the charity's aims of raising awareness ofthe Durham Light infantry, not just in India, but in the Regiment's homeland ofthe North East of England through promotional material in local media.
~ investment policy and
objectives including any	Investments have been only marginally impacted by the instability caused
ethical investment policy	by the COVID-19 Pandemic and the uncertainty of Brexit. The portfolio
adopted.	will remain under review, but presently there is no intention to make
	changes.
	Itwas agreed in June 2020 that the charity should support it's Trustees
	by obtaining annual Indemnity Insurance. This is a necessary and valid ex enditure from the charit 's funds.
~ ~	~ - ~ ~ e 0 ~ ~
With effect from the 9~ ofOctober 2017 ("the Transfer Date") the Trustees ofthe Regimental Museum of the former Durham Light Infantry (charity number 272200) ("the Regimental Museum" )transferred the legal
title to the assets ofthe Regimental Museum ("the Property" )to the Charity to be held by itas corporate property on the same trusts as itwas held on the Transfer Date namely to hold together the traditions ofthe
Durham Light Infantry and to perpetuate its deeds. The Regimental Museum ofthe former Durham Light
Infantry (chanty number 272200) was subsequently removed from the Register ofCharities.