2021-03-31-accounts

Trustees		Maj Matthew	Perkins RAMC	Perkins RAMC
		Lt Col Timothy	Clarke RAMC (Chair)
		Susan Huggins OBE MBA
		Peter Corbett		(Appointed	26 November 2020)
		Lucy Rhodes		(Appointed	1 September 2021)
Charity number		1185308
Principal address		Stanford Hall
		Stanford Hall	Estate
		Stanford on Soar
		Loughborough
		LE125BL
Auditor		Rogers Spencer
		Newstead House
		Pelham Road
		Nottingham
		NG5 1AP
Bankers		Holt's Military	Banking "Centre of Excellence"
		The Royal Bank ofScotland pic
		Holt's Military	Banking
		200 Fowler Avenue
		Fowler Business Park
		Famborough
		GU14 TJP
Solicitors		Russell-Cooke	LLP
		2 Putney Hill
		London
		SW156AB
investment	advisors	COLA Investment		Management
		COIF Charity	Funds
		80 Cheapside
		London
		EC2V 6DZ

		Page
Chairman's statement
Trustees' report		2-5
Independent auditor's	report	6-8
Statement offinancial	activities
Balance sheet		to
Statement ofcash flows
Notes to the financial	statements	12-17

					Unrestricted
					funds
					2021	2020
					5	5
lgggtgtLffrm:
Donations and	legacies			2	1,146,737
Other trading activities				3	2,731
Investments				4	2,488
Income from transfer offunds from the unincorporated			charity		939,853
Total income					2,091,809
~Ex ~ndit	0;
Charitable activities				5	69,252
Net gains/(losses)		on investments		9	50,844
Net movement	in	funds			2,073,401
Fund balances	at 1 April 2020
Fund balances	at	31 March 2021			2,073,401

					2021	2020
Fixed assets
Tangible assets			11		33,272
Investments			10		659,481
					692,753
Current assets
Stocks			12	7,493
Debtors			13	6,236
Cash at bank and	in	hand		1,371,041
				1,384,770
Creditors: amounts		falling due within one
year			14	(4,122)
Net current assets					1,380,648
Total assets less	current liabilities				2,073,401
Income funds
Unrestricted funds					2,073,401
					2,073,401

					2021		2020
				Notes	6		6
Cash flows from operating		activities
Cash generated from/(absorbed by)				16
operations						1,074,554
Investing	activities
Purchase	oftangible fixed assets				(18,495)
Purchase	of investments				(500,000)
Investment	income received				2,488
Net cash	used in investing	activities				(516,007)
Net cash	used in financing	activities
Net increase in cash and cash equivalents						558,547
Cash transferred from unincorporated			charity			813,699
Debtors less creditors from 1 April 2020						(1,205)
Cash and	cash equivalents	at end ofyear				1,371,041

Unrestricted	Total
funds
2021	2020
6	6
1,146,737

Unrestricted	Total
funds
2021	2020
6	6
2,731

		Unrestricted	Total
		funds
		2021	2020
		6	f
Income	from listed investments	1,859
Interest	receivable	629
		2,488

		Total	2020
		2021
		8
Staffcosts		21,673
Depreciation and impairment		3,945
Social activities and	functions	26,646
Merchandise		2,185
Postage, Freight &Courier		211
Insurance		648
Travel expenses		3,577
Pdinting &Stationery		649
ITSoftware and Consumables		374
Subscriptions		77
Bank charges		1,051
Trustee expenses		605
Sundry expenses		1,896
		63,537
Share ofgovernance	costs (see note 6)	5,715
		69,252

6	Support costs	Support costs
			Support	Governance	2021	Support	Governance	2020
			costs	costs		costs	costs
			6	6	8			5
	Audit fees			3,600	3,600
	Accountancy			2,115	2,115
				5,715	5,715
	Analysed	between
	Charitable	activities		5,715	5,715

		2021	2020
		Number	Number
Employment	costs	2021	2020f
Wages and salaries		21,333
Other pension costs		340
		21,673

9	Net gain	s/(lo	sses) on investments
				Unrestdcted	Total
				funds
				2021 8	2020f
	Revaluation		ofinvestments	50,844
10	Fixed asset		investments
					Listed
					investments
					8
	Cost or	valuation
	At 1 April	2020
	Additions				608,637
	Valuation	changes			50,844
	At 31 March		2021		659,481
	Carrying	amount
	At 31 March		2021		659,481
	At 31 March		2020

11	Tangible fixed assets	Tangible fixed assets
			Plant and	Fixtures and	Computers	Total
			equipment	fittings
			6	6
	Cost
	Additions		18,722	16,991	1,504	37,217
	At 31 March 2021		18,722	16,991	1,504	37,217
	Depreciation and impairment
	Depreciation charged	in the year	3,744		201	3,945
	At 31 March 2021		3,744		201	3,945
	Carrying amount
	At 31 March 2021		14,978	16,991	1,303	33,272
12	Stocks
					2021	2020
						6
	Finished goods and goods for resale				7,493
13	Debtom
					2021	2020
	Amounts falling due	within one year:				5
	Prepayments and accrued income				6,236
14	Creditors: amounts	falling due within one year
					2021f	2020
	Other taxation and social security				265
	Trade creditors				114
	Other creditors				88
	Accruals and deferred	income			3,655
					4,122

16	Cash generated from	operations	operations						2021	2020
										6
	Surplus for the year								2,073,401
	Adjustments for:
	Investment income recognised		in	statement		offinancial		activities	(2,488)
	Fair value gains and losses on investments								(50,844)
	Depreciation and impairment		oftangible		fixed		assets		3,945
	Transfer offunds from	former	unincorporated				charity		(939,853)
	Movements in working	capital:
	(Increase) in stocks								(7,493)
	(Increase) in debtors								(6,236)
	Increase in creditors								4,122
	Cash generated from/(absorbed			by)	operations				1,074,554