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|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||||
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|||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|
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||||||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||
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||||||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||
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||||||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||
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|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||
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|||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||||
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|||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|||
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|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||
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|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||