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## **Charity name: Royal Air Force Small Arms Association** 

## **Charity registration number: 1176860** 

|Objectives and Activities|||
|---|---|---|
||SORP<br>reference||
|Summary of the purposes of the<br>charity as set out in its governing<br>document|Para 1.17|The object of the CIO is to promote military<br>efficiency of Her Majesty’s Armed Forces in such<br>charitable ways as the trustees think fit with<br>particular reference to:<br>•<br>increasing physical fitness, fostering esprit de<br>corps and raising morale of members of the<br>Royal Air Force (RAF);<br>•<br>encouraging disciplined marksmanship<br>amongst members of the RAF, contributing<br>towards the defence of the realm.<br>In particular, but not by way of limitation, the<br>trustees may further the object through<br>encouraging and facilitating the participation in,<br>and provision of or assisting in the provision of<br>facilities for, small arms shooting in the RAF.|
|Summary of the main activities in<br>relation to those purposes for<br>the public benefit, in particular,<br>the activities, projects or services<br>identified in the accounts.|Para 1.17 and<br>1.19|Mindful of the guidance issued by the Charities<br>on public benefit, the RAF Small Arms Association<br>(RAFSAA) has a full and varied programme of<br>events on an annual basis. Foremost of these is<br>competing for the Inter-Services matches in all<br>the main disciplines: Service Weapons, Target<br>Rifle, Clay Pigeon and Small Bore. This represents<br>the pinnacle of sporting achievement in the<br>military field and is hotly contested by each<br>Service. In preparation, RAFSAA organises various<br>events for each of the disciplines. These events<br>include training events to hone individual<br>marksmanship skills. Development training<br>camps are also held across the disciplines to<br>provide valuable training and experience for<br>‘grass-roots’ shooters. These events culminate in<br>separate RAF Championships for each discipline.<br>All members of the RAF,includingReserves are|



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eligible to enter these hotly competed events, not least because the results inform selection for prestigious Inter-Services teams. Major overseas tours are organised on an annual basis for Service Weapons and Target Rifle. Service Weapons preferred destination in recent years is Canada, although there are plans to return to the Armed Forces Skill-at-Arms (AFSAM) meeting at Camp Robinson, Arkansas, USA, as these matches provide realistic training and operational-based experiences, and skill sets to participants. The Canadian, USA and RAF Operational Shooting Competition (RAFOSC) matches really test the participants to the limit of their physical capabilities, with arduous shooting practices involving obstacles, casualty evacuation and so on. Target Rifle generally visit South Africa early in the season, however, tours to other destinations such as New Zealand and California have also been carried out. Small Bore usually participate in the Isle of Man championships, which gives the participants excellent experience of shooting against high class international shooters from several Countries. Selection to any of the tours is mainly on merit, but also on the contribution of individuals to the wider Association and newcomers in order to encourage shooting at ‘grass-roots’ level. The Target Rifle discipline within RAFSAA is also engaged in a full season of fixtures with prestigious civilian shooting clubs, such as Cambridgeshire, Lloyds Bank, North London, the Home Countries, in addition to organising an RAF International Invitation match, which is enthusiastically supported by several overseas teams, in addition to military teams from the UK. Whilst affording a high quality of shooting to the RAF team, it also has the benefit of extending good community relations and enhancing the RAF footprint of key stakeholders up and down the country. This focus on grass roots shooting, with development training camps for each discipline, has been a policy of RFSAA for some years. The focus on ‘grass-roots’ cadres is now building a firm platform, not just for better overall performance, but also a wider influence on to all core members of the RAF and its Reserves. 

Royal Air Force Small Arms Association Trustees’ annual report for the period 2021 



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|Statement confirming whether the<br>trustees have had regard to the<br>guidance issued by the Charity<br>Commission on public benefit|Para 1.18|RAFSAA can confirm that the actions of its<br>Trustees and the business of the Association have<br>been done with due regard to the public benefit<br>guides PB1, PB2 and PB3, where appropriate.|



Additional information (optional) 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
||SORP reference||
|Policy on grant making|Para 1.38||
|Policy on social investment<br>including program related<br>investment|Para 1.38||
|Contribution made by volunteers|Para 1.38|The reliance on suitably experienced volunteers<br>continues to be paramount within some<br>disciplines, to ensure progression of the ‘grass-<br>roots’ and development shooters. Associate<br>members of RAFSAA, who are predominantly<br>retired RAF personnel, but also include members<br>of other clubs with relevant experience and<br>knowledge, are vital in passing on their<br>knowledge and experience to new competitors. In<br>addition, volunteer support from the membership<br>contributes to the upkeep and maintenance of<br>RAFSAA facilities and equipment.|
|Other|||



SORP reference 

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|Summary of the main achievements<br>of the charity, identifying the<br>difference the charity’s work has<br>made to the circumstances of its<br>beneficiaries and any wider benefits<br>to society as a whole.|Para 1.20|**General**. In common with many other<br>organisations and sports, RAFSAA continued to be<br>impacted significantly by COVID-19 during 2021 as<br>HMG and Ministry of Defence-imposed necessary<br>restrictions on activity. Numerous training and<br>competitive events were cancelled, and even the<br>relaxation of restrictions had a limited effect in<br>some cases, given the long lead time required to<br>organise shooting events and the sequential<br>nature of training events and competitions. The<br>effects therefore continued through 2021 and<br>significantly impacted on events throughout the<br>summer shooting season. The Joint Services<br>Shooting Committee cancelled the Defence<br>Operational Shooting Competition (DefOSC)<br>scheduled in June due to restrictions on available<br>support and ranges due to operational training<br>requirements and broader support to the<br>Pandemic taking priority. No single Service<br>Operational Shooting Competitions were carried<br>out in 2021 and the competition for The Queens<br>Medal, Champion Shot (Service Weapons) of the<br>RAF was not competed for - only the 3rd time<br>since 1945 (1991, 2020 and 2021).<br>The Target Rifle National Rifle Association (NRA)<br>Imperial did take place in July 2021, but with<br>considerably reduced numbers and restrictions.<br>However, competition was stiff and the British<br>Army investment in their Troops-to-Target initiate<br>paid dividends with convincing wins against the<br>RAF in both the long- and short-range matches.<br>Both the Small-bore and Clays managed to hold<br>events and championships during the year.<br>Reassuringly, membership remained relatively<br>steady. The use of advertising and social media<br>ensured that there was interest from new<br>members waiting to get started as soon as events<br>begin again in 2022. Plans to introduce the Target<br>Sprint discipline at Station level continue with the<br>delivery of the equipment. The intent is to deliver<br>a trial tri-service event in 2022 to test procedures<br>and use the event to publicise further and<br>hopefully introduce Service personnel to a UK<br>wide British Shooting event. This is hoped to<br>attract more members to RAFSAA by lowering the<br>cost of entry to shooting (predominately<br>equipment and ammunition costs, but also time<br>and travel), whilst furthering the charity’s aims<br>amongst a larger audience.<br>Considerableprogress was made with the new|



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accommodation project, and it was officially opened on 25 Jun 2021 at the Associations 100[th] Anniversary celebrations. The facility is already proving popular and will allow for more investment in RAFSAA shooting activity and more proactive maintenance of other parts of the infrastructure, driving up attractiveness for current and future shooters. **Summary by the RAFSAA Chairman** :  In common with many other organisations, RAFSAA continued to be impacted in early 2021 by COVID-19 and Government and Ministry of Defence imposed restrictions on activity, as well as a reduction in available support infrastructure for Service Weapons events due to high demand for training facilities. Consequently, a number of training and competitive events were cancelled. Reassuringly, there has been no significant loss of membership due, in part, to the utilisation of social media and other publicity. Plans to introduce the Target Sprint discipline at Station level have continued during the year and should be implemented as restrictions ease again. It is hoped that the availability of this discipline will attract more members to RAFSAA by lowering the cost of entry to shooting (predominately time and travel), whilst furthering the charity’s aims amongst a larger audience. One area of considerable progress has been the completion of the major RAFSAA accommodation infrastructure project at its Bisley site. The improvements are long overdue and will allow RAFSAA to improve the quality of accommodation closer to shooters’ expectations in the 21[st] Century and improve RAFSAA’s income generation potential. This will allow for more investment in RAFSAA shooting activity and more proactive maintenance of other parts of the infrastructure, generating a virtuous cycle of driving up attractiveness for current and future shooters. 

Additional information (optional) 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
||SORP reference||
|Achievements against objectives set|Para 1.41|N/A|



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|Performance of fundraising activities<br>against objectives set|<br>Para 1.41|N/A|
|Investment performance against<br>objectives|Para 1.41|N/A|
|Other|||



|Financial Review|||
|---|---|---|
||||
||SORP reference||
|Review of the charity’s financial<br>position at the end of the period|Para 1.21|During 2021, RAFSAA completed its planned<br>major infrastructure project to provide a new<br>accommodation building of 10 rooms with 20<br>beds and an attached ablutions facility providing<br>8 bathrooms. The major portion of the reserves<br>were used to fund some of the shortfall that<br>could not be raised from other charitable<br>sources. The project was only possible due to<br>the generosity of a donor and the decision by<br>Trustees to use a Government COVID bounce-<br>back loan. Despite problems, such as a severe<br>delay in finally connecting the gas supply to the<br>ablutions to provide hot water and central<br>heating, the loan has started to be repaid and<br>the additional income stream generated by the<br>facility is already assisting with covering the<br>monthly repayments of the loan. Funds<br>continued to be spent on Health and Safety<br>related matters and maintenance of our aged<br>infrastructure. However prudent expenditure on<br>essential maintenance was made in order to<br>maintain the infrastructure despite the reduced<br>activity caused by Covid restrictions. The<br>restricted funds held decreased by £89,751 to<br>zero as a result of the new accommodation<br>project. Whilst the reserves were all allocated to<br>the new accommodation there needed to be<br>additional significant fund-raising of £82,603<br>achieved to support the new project; however,<br>there was an overall loss of £105,929<br>representing nonetheless a significant<br>investment of our reserves in order to improve<br>long term viability and provide accommodation<br>more fitting for the 21st century. Unrestricted<br>funds Increased from £258,567 (2020) to<br>£371,644 (2021), this is made up of Target Rifle<br>Fund stands at £7,887.62 and Clay Pigeon Fund<br>at £10,312.73 leaving a General Fund of<br>£353,444. Due to the need to fund the new<br>accommodation, the Trustees took the decision<br>to use all available reserves and will now strive|



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|||to replace the free reserves as soon as possible.<br>Operational costs for 2021 overspent the RAF<br>Central Fund Grant for this purpose. Despite the<br>reduced activity due to COVID, operational<br>commitments for service personnel and the late<br>opening of the new accommodation in June,<br>income from bar and accommodation receipts<br>returned almost to pre-COVID levels.|
|Statement explaining the policy for<br>holding reserves stating why they<br>are held|Para 1.22|As 2020 and 2021 has shown, it is imperative<br>that the CIO has reserves to cover its many<br>overheads which are normally supported by<br>income from grants and clubhouse activities.<br>Trustees have acknowledged the temporary<br>reduction of reserves and have also assessed<br>the contemporary risks and associated level of<br>reserve allocation which is required to be<br>achieved; these are shown in the table below.<br>**Concurrency**<br>Trustees assess that although it is possible that<br>1 or 2 risks may arise within the same<br>accounting year, it is highly unlikely that all risks<br>considered would be realised concurrently.|
|**Potential Challenge Likelihood**<br>**Worst Case Liability**<br>**Reserve Allocated**<br>Loss of Grant<br>income £50K + £30K<br>Both Elements Highly<br>Unlikely<br>One Element Unlikely<br>£80,000<br>£50,000<br>£25000<br>Unforeseen Events.<br>Unlikely<br>£30,000<br>Nil<br>Loan repayment<br>Unlikely<br>£48,0001<br>£50002<br>Unplanned Routine<br>Maintenance<br>Probable<br>£10,000<br>£10,000<br>Need to wind up<br>Association <br>Highly unlikely<br>£70,000<br>Nil|||
||||
|Amount of reserves held|Para 1.22|Zero|
|Reasons for holding zero reserves|Para 1.22|All free reserves were used in 2021 to fund the<br>new accommodation in order to provide long|



- 1 Total cost of loan at full term redemption of outstanding loan as at Feb 22. 

2 Set at 6 months loan repayment 

Royal Air Force Small Arms Association Trustees’ annual report for the period 2021 



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|||term viability for the Association.  Restricted<br>reserves are already being accumulated to<br>achieve the desired level of reserves.|
|Details of fund materially in deficit|Para 1.24|N/A|
|Explanation of any uncertainties<br>about the charity continuing as a<br>going concern|Para 1.23|N/A|



Additional information (optional) 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
||SORP<br>reference||
|The charity’s principal sources of<br>funds (including any fundraising)|Para 1.47|The Charity was once again supported by grants<br>from the RAF Central Fund but also Grant-in-Aid<br>since 2019 by the RAF Training Group (Number<br>22 Group) which has recognised that a<br>percentage of RAFSAA activity is providing<br>specific military small arms training and<br>competition which could not be undertaken<br>elsewhere in the RAF estate.<br>Fund raising continues to improve the<br>accommodation and facilities with a second<br>phase of improvement focussed on providing<br>male toilets in the clubhouse, refurbishing the<br>female toilets and providing a disabled bedroom<br>and accessible disabled toilet. The improvements<br>will increase RAFSAA’s income and help reduce<br>our reliance on the annual grant from the RAF<br>Central Fund.|
|Investment policy and objectives<br>including any social investment<br>policy adopted|Para 1.46|N/A|
|A description of the principal risks<br>facing the charity|Para 1.46|Falling membership.<br>Ageing infrastructure and poor standard of<br>ablutions for members participating in lengthy<br>competition and training.|
|Other|||



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|Description of charity’s trusts:|SORP reference||
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Association model constitution.|
|How is the charity constituted?<br>(e.g unincorporated association,<br>CIO)|Para 1.25|The RAF Small Arms Association is a CIO -<br>1176860.|
|Trustee selection methods including<br>details of any constitutional<br>provisions e.g. election to post<br>or name of any person or body<br>entitled to appoint one or more<br>trustees|<br>Para 1.25|With the exception of the Chair, who is appointed<br>by Air Officer Commanding Number 22 Group<br>RAF (Head of RAF Sport), the remainder of the<br>trustees are volunteers.<br>The procedures for appointment are as follows:<br>(a)<br>At the first annual general meeting of the<br>members of the CIO all the elected charity<br>trustees shall retire from office.<br>(b)<br>At every subsequent annual general<br>meeting of the members of the CIO, one-third of<br>the elected charity trustees shall retire from<br>office. If the number of elected charity trustees is<br>not three or a multiple of three, then the number<br>nearest to one-third shall retire from office, but if<br>there is only one charity trustee, he or she shall<br>retire.<br>(c)<br>The charity trustees to retire by rotation<br>shall be those who have been longest in office<br>since their last appointment or reappointment. If<br>any trustees were last appointed or reappointed<br>on the same day those to retire shall (unless they<br>otherwise agree among themselves) be<br>determined by lot.<br>(d)<br>The vacancies so arising may be filled by<br>the decision of the members at the annual<br>general meeting; any vacancies not filled at the<br>annual general meeting may be filled as provided<br>in sub-clause (e) of this clause.<br>(e)<br>The members or the charity trustees may<br>at any time decide to appoint a new charity<br>trustee, whether in place of a charity trustee who<br>has retired or been removed in accordance with<br>clause 15 (Retirement and removal of charity<br>trustees), or as an additional charity trustee,<br>provided that the limit specified in clause 12(3)<br>on the number of charity trustees would not as a<br>result be exceeded.|



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|(f)<br>A person so appointed by the members of|
|---|
|the CIO shall retire in accordance with the|
|provisions of sub-clauses (b) and (c) of this clause.|
|A person so appointed by the charity trustees|
|shall retire at the conclusion of the annual|
|general meeting next following the date of his|
|appointment and shall not be counted for the|
|purpose of determining which of the charity|
|trustees is to retire by rotation at that meeting.|



Additional information (optional) 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
||SORP reference||
|Policies and procedures adopted for<br>the induction and training of<br>trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider network<br>with which the charity works|Para 1.51||
|Relationship with any related parties|Para 1.51||
|Other|||



|||
|---|---|
|Charity name|Royal Air Force Small Arms Association|
|Other name the charity uses|RAFSAA|
|Registered charity number|1176860|
|Charity’s principal address|RAFSAA Clubhouse|



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Names of the charity trustees who manage the charity 

|||||
|---|---|---|---|
|Trustee name|Office (if any)|Dates acted if not for<br>whole year|Name of person (or<br>body) entitled to<br>appoint trustee (if<br>any)|
|Andrew Glazebrook|Chair|21 Apr 2021|Air Vice Marshal<br>Richard Maddison, Air<br>Officer Commanding<br>22 GroupRAF|
|Robert Fishwick|Vice President|||
|Christopher Hockley|Treasurer (Plans and<br>Budgets)|||
|Adrian Waters|Director Service<br>Weapons|||
|Jeffery Fitzpatrick|Vice Chair|||
|Mathew Fray|Director Sporting<br>Disciplines|||
|Colin Sach||23 Apr 2021||



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## Reference and Administrative details 

## (cont) 

Corporate trustees – names of the directors at the date the report was approved 

Director name 

Name of trustees holding title to property belonging to the charity 

Trustee name Dates acted if not for whole year 

## Funds held as custodian trustees on behalf of others 

Description of the assets held in this capacity 

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Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets 

## Additional information (optional) 

Names and addresses of advisers (Optional information) 

Type of adviser Name Address 

Name of chief executive or names of senior staff members (Optional information) 

## Exemptions from disclosure 

Reason for non-disclosure of key personnel details 

## Other optional information 

## Declarations 

The trustees declare that they have approved the trustees’ report above. 

Signed on behalf of the charity’s trustees 

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Signature(s) Andrew John Chassar Glazebrook Full name(s) Chair Position (eg Secretary, Chair, etc) Date 10 October 2022 

Charity Accounts templates – Trustees’ annual report for the period 2021 



# **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2021** 

## **CHARITABLE INCORPORATED ORGANISATION CIO NUMBER 1176860** 

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham Chichester PO18 8NF 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

||**CONTENTS**|
|---|---|
|Pages 3 to 6|Report of the Trustees|
|Page 7|Statement of Financial Activities|
|Page 8|Balance Sheet|
|Pages 9 to 14|Notes to the Financial Statements|
|Page 15|Independent Examiners Report to the Trustees.|



2 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

## **CIO NUMBER** 

1176860 

## **START OF FINANCIAL PERIOD** 

1 January 2021 

## **END OF FINANCIAL PERIOD** 

31 December 2021 

**TRUSTEES AT 31 DECEMBER 2021** 

Andrew Glazebrook Chair Appointed 22 June 2021 Scott Miller Chair Resigned 22 June 2021 Robert Fishwick Christopher Hockley Adrian Waters Jeffery Fitzpatrick Mathew Fray Colin Sach Colin Hill Appointed 2/3/21, resigned 20/6/21 

The Chairman is appointed by AOC 22 (Training) Group. Other Trustees are elected at AGM. 

## **CORRESPONDENCE ADDRESS** 

The RAF Clubhouse Bisley Camp Brookwood Woking GU24 0NY 

**GOVERNING DOCUMENT** Constitution 

**BANKERS** Royal Bank of Scotland Holt's Military Banking 200 Fowler Avenue Fowler Business Park Farnborough Hampshire GU14 7JP 

**INDEPENDENT EXAMINER** J Irvine-Smith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham Chichester PO18 8NF 

## **OBJECTS** 

The objects for which the CIO is established (the “Objects”) are to promote the effectiveness of Her Majesty’s Armed Forces by increasing physical fitness, fostering the esprit de corps and raising morale of members of the Royal Air Force and other services in an inclusive and safe environment, through the promotion of participation and furthering its proper administration whilst enabling the provision of facilities for Small Arms Shooting. 

3 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **MAIN ACTIVITIES OF THE CIO** 

Mindful of the guidance issued by the Charities on public benefit, RAFSAA has a full and varied programme of events on an annual basis. Foremost of these is competing for the Inter-Services matches in all the main disciplines: Service Weapons, Target Rifle, Clay Pigeon and Small Bore. This represents the pinnacle of sporting achievement in the military field and is hotly contested by each Service. In preparation, RAFSAA organises various events for each of the disciplines. These events include training events to hone individual marksmanship skills. Development training camps are also held across the disciplines, to provide valuable training and experience for grass roots shooters. These events culminate in separate RAF Championships for each discipline. All members of the RAF including Reserves are eligible to enter and the events are fiercely competed, not least because the results inform selection for the coveted Inter-Services teams. 

Major overseas tours are organised on an annual basis for Service Weapons and Target Rifle. Service Weapons preferred destination in recent years is Canada although a return to the United States and the Armed Forces Skill at Arms competition is expected in the future. These matches provide intensive and realistic training through operational based experiences and develop the skill sets to the participants. Canada and the RAF Operational Shooting Competition (RAFOSC) matches really test the participants to the limit of their physical capabilities, with arduous shooting practices involving obstacles, casualty evacuation and so on. Target Rifle generally visit South Africa early in the season, however, tours to other destinations such as New Zealand and California have also been carried out. Small Bore usually participate in the Isle of Man championships, which gives the participants excellent experience of shooting against high class international shooters from several Countries. Selection to any of the tours is partly on merit, but also on contribution to the wider Association, to encourage grass roots shooting. 

The Target Rifle discipline within RAFSAA is also engaged in a full season of fixtures with prestigious civilian shooting clubs, such as Cambridgeshire, Lloyds Bank, North London, the Home Countries, in addition to organising an RAF International Invitation match, which is enthusiastically supported by several overseas teams, in addition to military teams from the UK. Whilst affording a high quality of shooting to the RAF team, it also has the benefit of extending good community relations and enhancing the RAF footprint of key stakeholders up and down the country. 

This focus on grass roots shooting, with development training camps for each discipline and the development of new disciplines such as Target Sprint, has been an adopted policy of the Association for some years. This focus on that most important of grass roots cadres is now building a firm platform, not just for better overall performance, but also a wider influence to all core members of the RAF and its Reserves. 

RAFSAA can confirm that the actions of its Trustees and the business of the Association have been done with due regard to the public benefit guides PB1, PB2 and PB3, where appropriate. 

It is acknowledged that RAFSAA is reliant on the support delivered through experienced, willing, and ultimately enthusiastic volunteers who undertake numerous roles on the Committee(s) and in the association itself to supporting training, competitions and fund-raising events. The delivery of RAF target shooting competition would not be possible without various officials, coaches, and safety officers, all of whom are volunteers. The contribution in these roles is highly valued and much appreciated and recognised where applicable as a duty activity for serving personnel in Service policy documents. 

## **ACHIEVEMENTS AND PERFORMANCE** 

In common with many other Services’ sports bodies, RAFSAA continued to be impacted significantly by COVID19 during 2021 and HMG and Ministry of Defence-imposed restrictions on activity. Numerous training and competitive events were cancelled, and the later relaxation of the restrictions had a limited effect in some cases, given the long lead time required to organise shooting events and the sequential nature of training events and competitions. The effects continued through 2021 and significantly impacted on events through the summer shooting season. The Joint Services Shooting Committee cancelled the Defence Operational Shooting Competition (DEFOSC) scheduled in June due to restriction on available support and ranges due to operational training requirements and support to the Pandemic taking priority. No single Service Operational Shooting Competitions were carried out throughout 2021 and the competition for The Queens Medal, Champion Shot (Service Weapons) of the RAF was not competed for which is only the 3rd time since 1945. (1991, 2020 and 2021). 

4 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **REPORT OF THE TRUSTEES** 

## **FOR THE YEAR ENDED 31 DECEMBER 2021 (continued)** 

## **ACHIEVEMENTS AND PERFORMANCE (continued)** 

The Target Rifle National Rifle Association (NRA) Imperial did take place in July 2021, but with considerably reduced numbers and restrictions, however competition was stiff and the British Army investment in Troops-toTarget paid dividends with convincing wins against the RAF in both the long- and short-range matches. Both the Small-bore and Clays managed to hold events and championships during the year. 

Reassuringly, membership remains relatively steady, but because of advertising and social media there is growing interest from new members waiting to get started as soon as events begin again in 2022. Plans to introduce the Target Sprint discipline at Station level continue with the delivery of the required equipment and interest in delivering a trial tri-service event in 2022 to test procedures and publicise further and hopefully introduce Service personnel to a UK wide British Shooting event. This is hoped to attract more members to RAFSAA by lowering the cost of entry to shooting (predominately equipment and ammunition costs, but also time and travel), whilst furthering the charity’s aims amongst a larger audience. 

Considerable progress was made with the new accommodation project, and it was officially opened on 25 Jun 2021. The facility is already proving popular and will allow for more investment in RAFSAA shooting activity and more proactive maintenance of other parts of the infrastructure, driving up attractiveness for current and future shooters. 

## **FINANCIAL REVIEW** 

During 2021, RAFSAA completed its planned major infrastructure project to provide a new accommodation building of 10 rooms with 20 beds and an attached ablutions facility providing 8 bathrooms. The major portion of the reserves were used to fund some of the shortfall that could not be raised from other charitable sources. The project was only possible due to the generosity of a donor and the decision by Trustees to use a Government COVID bounce-back loan. Despite problems, such as a severe delay in finally connecting the gas supply to the ablutions to provide hot water and central heating, the loan has started to be repaid and the additional income stream generated by the facility is already assisting with covering the monthly repayments of the loan. 

Funds continued to be spent on Health and Safety related matters and maintenance of our aged infrastructure. However prudent expenditure on essential maintenance was made in order to maintain the infrastructure despite the reduced activity caused by Covid restrictions. 

The restricted funds held decreased by £89,751 to zero as a result of the new accommodation project. Whilst the reserves were all allocated to the new accommodation there needed to be additional significant fund-raising of £82,603 achieved to support the new project; however, there was an overall loss of £105,929 representing nonetheless a significant investment of our reserves in order to improve long term viability and provide accommodation more fitting for the 21[st] century. Unrestricted funds Increased from £258,567 (2020) to £371,644 (2021), this is made up of Target Rifle Fund stands at £7,887.62 and Clay Pigeon Fund at £10312.73 leaving a General Fund of £353,444. Due to the need to fund the new accommodation, the Trustees took the decision to use all available reserves and will now strive to replace the free reserves as soon as possible. 

Operational costs for 2021 overspent the RAF Central Fund Grant for this purpose. Despite the reduced activity due to COVID, operational commitments for service personnel and the late opening of the new accommodation in June, income from bar and accommodation receipts returned almost to pre-COVID levels. 

## **RESERVES POLICY** 

Trustees have assessed the contemporary risks and associated level of reserve allocation as shown in the table below. 

## **Concurrency** 

Trustees assess that although it is possible that 1 or 2 risks may arise within the same accounting year, it is highly unlikely that all risks considered would be realised concurrently. 

5 



ROYAL AIR FORCE SMALL ARMS ASSOCZATION
REPORT OF THE TRUSTEES
FOR THE YEAR EIIDED 31 DECEMBER 2021 (contlnued)
AESERVES PQLICY (contlnu•d)
PotElltl•l Ch•llen9e
Llkellhvod
Worst Case Uablllty
Reserve Allotated
80th Ekments Highty
Unbke
Loss ol Grant Income
£SOK + É30K
£80,000
£25,000
One E￿rnent Unllkely
E50.000
Untoreseen Events
Unl"kety
£30000
Loan Repaymenl
Unlike
£48.000'
£5,000,
Unplanned Routlne
Malntenance
Probable
£10,000
ElO,000
Nee¢J to wlnd up
ssoclatlon
Hl9hty unb.kety
£70,000
Total cost ol loan at full terrn re¢ernptipn ol outstshdlnq loam as ai Feb 22.
S¢t at 6 months repa￿￿¢
ADDITIONAL INFORMATION
The charbty 5UPPOrted prtncipalty by è grant from the IiAF Cefitrnl Fund. fvndlng from AQC22Gp tt>wbrds
milltsry sklll at arms trnlnlng and by lunds genErnted frDrn bar and otcommodatlon usage.
The Investment polcy Is io malnraln and Improve the exlstlng knlrnstwcture In order to wstaln and grow the
rnembership numbers of serving personnel.
Operatlonal pressures on Indivldvals contlnue to conflkt thth tlme avaltsble for sptsrt, especsalty when It Invofve5
trjvelling to the available lacllities Jt Blsley together wlth ￿rne away frorn famllles.
Tru*tM•' ReMpon•lbllltl•#
The trustees art responslNe keeping proper accwntln9 recwds. whlth OlsdDse wlth reasonable accurney at
ny tlme the finanoal kX)sty"on of thE trust. They are also responyble for saf¢guarding the assets of the trust
ond hence fgr rakln9 reasonable %eps for ihe preventiM and deteai*X of fraud and other Irregukrities.
Signoture........................................................................
PRINT NAME..

## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** 

|Incorporating income and expenditure account|Incorporating income and expenditure account|Incorporating income and expenditure account|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|**TOTAL**|**TOTAL**|
||Notes|Funds|Funds|Funds|**2021**|**2020**|
|||£|£|£|**£**|**£**|
|**INCOMING RESOURCES**|||||||
|**Income**<br>**and**<br>**Endowments**|||||||
|**from:**|||||||
|Donations and Legacies|3a|26,516|-|135,588|162,104|77,076|
|Charitable Activities|3b|75,359|-|-|75,359|52,415|
|Other Trading Activities|3c|17,617|-|-|17,617|6,245|
|Investments|3d|-|-|-|-|-|
|Other|3e|-|-|-|-|-|
|**TOTAL**||**119,492**|**-**|**135,588**|**255,080**|**135,736**|
|**RESOURCES EXPENDED**|||||||
|**Expenditure on:**|||||||
|Raising Funds|4a|15,896|-|-|15,896|13,776|
|Charitable Activities|4b|79,902|-|52,985|132,887|118,824|
|Other|4c|368|-|-|368|-|
|**TOTAL**||**96,166**|**-**|**52,985**|**149,151**|**132,600**|
||||||||
|**NET INCOME/(EXPENDITURE) BEFORE**||**23,326**|**-**|**82,603**|**105,929**|**3,136**|
|**INVESTMENT GAINS/(LOSSES)**|||||||
|Net gains/(losses) on investments||**-**|**-**|**-**|**-**|**-**|
|**NET INCOME/(EXPENDITURE)**||**23,326**|**-**|**82,603**|**105,929**|**3,136**|
|Transfers between funds|11|89,751|-|(89,751)|-|-|
|**NET MOVEMENT IN FUNDS**||**113,077**|**-**|**(7,148)**|**105,929**|**3,136**|
|**RECONCILIATION OF FUNDS:**|||||||
|Total Funds Brought Forward||258,567|-|7,148|265,715|262,579|
|**TOTAL FUNDS CARRIED FORWARD**||**371,644**|**-**|**-**|**371,644**|**265,715**|



Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. 

The notes on pages 9 to 14 form part of these financial statements. 

7 



ROYAL AXR FORCE SMALL ARMS ASSOCIATION
BALANCE SHEET
AS AT 31 DECEHBER 2021
Unrestnrted kestrKted 314>e¢-21 31-Detr20
Funds
Funds
Total
Tot*1
Note
TangltrAe assets
372,581
372.581
190,974
Culrert A•set•
Stocks
5.596
5.596
3,436
Debtors
8.685
8,685
53,451
Cash at bank and in hand
40.819
40.819
88,143
Tot*1 Curr•nt A#Mts
145 030
Cmdltom: amounts falh'ng due wlthln one
year
16,666
18.666
24,369
NET CURRENT ASSETS
36,434
36,434
120,661
TOTAL ASSETS kss current Ilabllltles
409.015
409.015
311,63
Credltor•.' amounts tsl¥ng dlte In mDre
than one year
io
37.371
37,371
45.920
14ET ASSETS
Funds of th• CIO
General Funds
371,644
371,644
258,567
Restrtcted Funds
li
7,148
Oesignated Funds
Tot•1 Fundi
Slgned on behalf of all the tN*teo•
Sbgnoture
Print Name
rf<JCKLLy
Date of approvol
6/9/%

## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **Basis of preparation:** 

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. 

The CIO constitutes a public benefit entity as defined by FRS 102. 

## **1. ACCOUNTING POLICIES** 

The particular accounting policies adopted are set out below. 

## **INCOME** 

## _**Recognition of Income**_ 

These are included in the Statement of Financial Activities (SOFA) when: 

- the CIO becomes entitled to the income; 

- it is more likely than not that the trustees will receive the resources; and · the monetary value can be measured with sufficient reliability. 

## _**Offsetting**_ 

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. 

## _**Grants and Donations**_ 

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP). 

## _**Tax Reclaims on Donations and Gifts**_ 

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. 

## _**Contractual Income and Performance Related Grants**_ 

This is only included in the SoFA once the CIO has provided the related goods or services or met the performance related conditions. 

## _**Gifts in Kind**_ 

Gifts in kind for use by the CIO are included in the SoFA as income from donations when receivable. 

## _**Volunteer Help**_ 

The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report. 

## _**Income from interest, royalties and dividends**_ 

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. 

## _**Investment Gains and Losses**_ 

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 

## _**Insurance claims**_ 

Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA. 

## _**Income from membership subscriptions**_ 

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. 

9 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **1. ACCOUNTING POLICIES (continued)** 

## **EXPENDITURE AND LIABILITIES** 

## _**Liability Recognition**_ 

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the CIO to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

## _**Grants with Performance Conditions**_ 

Where the CIO gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. 

## _**Grants Payable without Performance Conditions**_ 

Where there are no conditions attaching to the grant that enables the donor CIO to realistically avoid the commitment, a liability for the full funding obligation must be recognised. 

## _**Deferred income**_ 

No material item of deferred income has been included in the accounts. 

## _**Provisions for liabilities**_ 

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date 

## **ASSETS** 

## _**Investments**_ 

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. 

## _**Debtors**_ 

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the CIO. Subsequently, they are measured at the cash or other consideration expected to be received. 

## **2. TANGIBLE FIXED ASSETS** 

These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the CIO on receipt. 

Depreciation on tangible fixed assets is calculated at a rate to write off their cost on a straight line basis over their estimated useful lives.  The rates applied per annum are as follows: 

|Historic<br>Fixtures and Fittings<br>Trophies<br>Cost<br>01-Jan-21<br>Additions<br>Disposals<br>Cost at<br>31-Dec-21<br>Depreciation<br>01-Jan-21<br>Disposals<br>Charge<br>Depreciation at<br>31-Dec-21<br>Net Book Value<br>31-Dec-21<br>Net Book Value<br>31-Dec-20<br>Firearms<br>Plant and Equipment|0%<br>20%<br>10%<br>No set percentage but revalued each year.<br>0%<br>Fixtures,<br>Leasehold<br>Fittings &<br>Historic<br>Buildings<br>Equipment<br>Firearms<br>Trophies<br>TOTAL<br>£<br>£<br>£<br>£<br>£<br>300<br>44,196<br>13,593<br>41,050<br>97,130<br>196,269<br>-<br>173,378<br>19,890<br>5,323<br>-<br>198,591<br>-<br>-<br>-<br>(1,011)<br>-<br>(1,011)<br>300<br>217,574<br>33,483<br>45,362<br>97,130<br>393,849<br>-<br>-<br>5,295<br>-<br>-<br>5,295<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>10,879<br>3,974<br>1,120<br>-<br>15,973<br>-<br>10,879<br>9,269<br>1,120<br>-<br>21,268<br>**300**<br>**206,695**<br>**24,214**<br>**44,242**<br>**97,130**<br>**372,581**<br>300<br>44,196<br>8,298<br>41,050<br>97,130<br>190,974|
|---|---|



10 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **2. TANGIBLE FIXED ASSETS (continued)** 

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2021 : None 31st December 2020 : None 

|**3. ANALYSIS OF INCOME**<br>**a) Donations and Legacies**<br>Grants Received<br>Donations<br>Gift Aid tax reclaim<br>**b)  Charitable Activities**<br>Income from Charitable Activities<br>Other income<br>**c) Other Trading Activities**<br>Bar Sales<br>**d) Investments**<br>**e) Other**<br>Membership subscriptions|Unrestricted<br>Designated<br>Restricted<br>**TOTAL**<br>**TOTAL**<br>Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>**£**<br>18,193<br>-<br>52,985<br>71,178<br>51,388<br>8,323<br>-<br>69,307<br>77,630<br>21,536<br>-<br>-<br>13,296<br>13,296<br>4,152<br>**26,516**<br>**-**<br>**135,588**<br>**162,104**<br>**77,076**<br>67,758<br>-<br>-<br>67,758<br>41,210<br>5,176<br>-<br>-<br>5,176<br>4,832<br>2,425<br>-<br>-<br>2,425<br>6,373<br>**75,359**<br>**-**<br>**-**<br>**75,359**<br>**52,415**<br>17,617<br>-<br>-<br>17,617<br>6,245<br>**17,617**<br>**-**<br>**-**<br>**17,617**<br>**6,245**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|
|---|---|



11 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **4. ANALYSIS OF EXPENDITURE** 

|**a) Raising Funds**<br>Fundraising Staff Cost<br>**b) Charitable Activities**<br>Kit & Equipment<br>New Member Engagement<br>Overseas Visit<br>Sports Federation Fund Expenditure<br>Other Target Rifle Costs<br>Other Clay Pigeon Costs<br>Depreciation<br>Loss on Disposal of Fixed Assets<br>Other Operating Costs<br>Other Association Costs<br>**c) Other**<br>Loan interest|Unrestricted<br>Designated<br>Restricted<br>**TOTAL**<br>**TOTAL**<br>Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>**£**<br>15,896<br>-<br>-<br>15,896<br>13,776<br>**15,896**<br>**-**<br>**-**<br>**15,896**<br>**13,776**<br>-<br>-<br>4,769<br>4,769<br>8,993<br>-<br>-<br>3,875<br>3,875<br>3,713<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>594<br>594<br>-<br>2,288<br>-<br>-<br>2,288<br>4,734<br>12,078<br>-<br>-<br>12,078<br>8,508<br>15,973<br>-<br>-<br>15,973<br>2,128<br>1,011<br>-<br>-<br>1,011<br>1,200<br>36,894<br>-<br>43,747<br>80,641<br>74,121<br>11,658<br>-<br>-<br>11,658<br>15,427<br>**79,902**<br>**-**<br>**52,985**<br>**132,887**<br>**118,824**<br>368<br>-<br>-<br>368<br>-<br>**368**<br>**-**<br>**-**<br>**368**<br>**-**|
|---|---|



## **5. DETAILS OF CERTAIN TYPES OF EXPENDITURE** 

|**5. DETAILS OF CERTAIN TYPES OF EXPENDITURE**|**5. DETAILS OF CERTAIN TYPES OF EXPENDITURE**||
|---|---|---|
|Other fees (for example: financial advice, consultancy, accountancy services) paid to<br>the independent examiner<br>Tax advisory fees<br>Assurance services other than audit or independent examination<br>Independent examiner’s fees||**TOTAL**<br>**TOTAL**<br>**2021**<br>**2020**<br>**£**<br>**£**<br>1,020<br>900<br>-<br>-<br>-<br>-<br>-<br>-<br>1,020<br>900|
|**6. STOCK**|||
|Bar stock|Unrestricted<br>Restricted<br>Fund<br>Fund<br>**£**<br>**£**<br>2,670<br>-|**Total**<br>**Total**<br>**31-Dec-21**<br>**31-Dec-20**<br>**£**<br>**£**<br>2,670<br>765|
|Medals|1,507<br>-|1,507<br>1507|
|Other|1,419<br>-|1,419<br>1164|
||**5,596**<br>**-**|**5,596**<br>**3,436**|



12 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021** 

|**7. DEBTORS AND PREPAYMENTS**<br>Debtors<br>Prepayments<br>Accrued Income<br>**8. CASH AT BANK AND IN HAND**<br>Cash at bank and on hand<br>Other<br>Total<br>Creditors<br>Accruals<br>Deferred Income<br>Loans<br>Loans<br>**10. CREDITORS AND ACCRUALS: AMOUNTS**<br>**FALLING DUE IN MORE THAN ONE YEAR**<br>**9. CREDITORS AND ACCRUALS: AMOUNTS FALLING**<br>**DUE WITHIN ONE YEAR**|Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**31-Dec-21**<br>**31-Dec-20**<br>£<br>£<br>**£**<br>**£**<br>1,987<br>-<br>1,987<br>14,360<br>6,698<br>-<br>6,698<br>6,672<br>-<br>-<br>-<br>32,419<br>**8,685**<br>-<br>**8,685**<br>**53,451**<br>Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**31-Dec-21**<br>**31-Dec-20**<br>£<br>£<br>**£**<br>**£**<br>40,819<br>-<br>40,819<br>88,143<br>-<br>-<br>-<br>-<br>**40,819**<br>-<br>**40,819**<br>**88,143**<br>Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**31-Dec-21**<br>**31-Dec-20**<br>£<br>£<br>**£**<br>**£**<br>686<br>686<br>2<br>3,712<br>-<br>3,712<br>20,807<br>4,880<br>-<br>4,880<br>480<br>9,388<br>-<br>9,388<br>3,080<br>18,666<br>-<br>**18,666**<br>**24,369**<br>Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**31-Dec-21**<br>**31-Dec-20**<br>£<br>£<br>**£**<br>**£**<br>37,371<br>-<br>37,371<br>45,920<br>37,371<br>-<br>**37,371**<br>**45,920**|
|---|---|



The loan is an unsecured bounce back loan , guaranteed by the UK government under BBLS, and is scheduled to be repaid by September 2026. 

## **11. RESTRICTED FUNDS** 

|RAF Central Fund<br>RAF Sports Federation<br>Accommodation Fund<br>Tucker Legacy Fund|**Balance**<br>**Balance**<br>**01-Jan-21**<br>Income<br>Expenditure<br>Transfers<br>**31-Dec-21**<br>**£**<br>£<br>£<br>£<br>**£**<br>-<br>52,391<br>52,391<br>-<br>-<br>-<br>594<br>594<br>-<br>-<br>2,419<br>82,603<br>-<br>(85,022)<br>-<br>4,729<br>-<br>-<br>(4,729)<br>-<br>7,148<br>135,588<br>52,985<br>(89,751)<br>-<br>CURRENT REPORTING PERIOD|
|---|---|



Central Fund Grant - to be used for operating costs, kit and equipment, overseas visits and development activities. 

Sports Federation Grant  - to be used for kit & equipment. 

The amounts transferred were used to purchase fixed assets in accordance with the terms of those funds. The restricted funds are wholly represented by cash reserves of the CIO. 

13 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **11. RESTRICTED FUNDS (continued)** 

|RAF Central Fund<br>RAF Sports Federation<br>RAF Benevolent Fund<br>Accommodation Fund<br>Tucker Legacy Fund|**Balance**<br>**Balance**<br>**01-Jan-20**<br>Income<br>Expenditure<br>Transfers<br>**31-Dec-20**<br>**£**<br>£<br>£<br>£<br>**£**<br>-<br>44,098<br>44,098<br>-<br>-<br>-<br>7,290<br>-<br>(7,290)<br>-<br>9,475<br>-<br>-<br>(9,475)<br>-<br>6,516<br>15,688<br>-<br>(19,785)<br>2,419<br>19,665<br>-<br>-<br>(14,936)<br>4,729<br>35,656<br>67,076<br>44,098<br>(51,486)<br>7,148<br>PREVIOUS REPORTING PERIOD|
|---|---|



The amounts transferred were used to purchase fixed assets in accordance with the terms of those funds. 

## **12. STAFF COSTS AND NUMBERS** 

|Gross Wages and Salaries<br>Employer's National Insurance Costs<br>Pension|**TOTAL**<br>**TOTAL**<br>**2021**<br>**2020**<br>**£**<br>**£**<br>41,183<br>13,375<br>-<br>-<br>1,235<br>401<br>**42,418**<br>**13,776**|
|---|---|



## **13. STAFF COSTS AND NUMBERS (continued)** 

Employees who were engaged in the following activities: 

|Costs of generating funds/fund raising<br>Activities in furtherance of organisation's objects<br>Management and administration<br>Other<br>TOTAL|**TOTAL**<br>**TOTAL**<br>**2021**<br>**2020**<br>**£**<br>**£**<br>1<br>1<br>-<br>-<br>1<br>-<br>-<br>-<br>**2**<br>**1**|
|---|---|



No employees received emoluments in excess of £60,000. 

## **14. TRANSACTIONS WITH TRUSTEES AND OTHER RELATED PARTIES** 

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. 

## **15. RISK ASSESSMENT** 

The trustees have given a full description of their risk assessment in their Trustees' Report. 

## **16. RESERVES POLICY** 

The trustees have given a full description of their reserves policy in their Trustees' Report. 

## **17. PUBLIC BENEFIT** 

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The trustees confirm that they have paid due regard to the CIO Commission guidance on public benefit before deciding what activities the CIO should undertake. 

14 



## **ROYAL AIR FORCE SMALL ARMS ASSOCIATION** 

## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** 

I report to the trustees on my examination of the accounts of the above Charitable Incorporated Organisation ("the CIO") for the first period of operation, ended 31st December 2021. 

As the CIO's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

## **Responsibilties and basis of report** 

I report in respect of my examination of the CIO's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

'The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Association of Charity Independent Examiners. 

## **Independent examiner's statement** 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Signed 

> Name J Irvinesmith FCIE 

> Date: 28th September 2022 

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham Chichester PO18 8NF 

15