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|to public be|nefit guidance publ|ished
by the Charity Commission.||
|---|---|---|---|
|Reference|and administrative|information||
|Registered|Charity name|The Guards Parachute Association||
|Registered|Charity number|1188482||
|Principal office||The Old Pump House, Byford, Hereford, HR4 7LD||
|Governing|document|CIO
(Charitable
Incorporated|Organisation)
Association|
|||Registered 11March 2020.Registered in England and Wales.||
|Tl'Itstees||Lt.Col.David John Heycock||
|||David George McAlister||
|||Col. Peregrine
Simon Wynch Felton Falkner OBE||
|Bankers||Lloyds Bank pic||
|||115Victoria Road||
|||Aldershort||
|||GU11 IJQ||
|Independent|examiners|Haines Watts Hereford Limited||
|||Chartered Accountants||
|||3
Floor, Broadway House||
|||32-35Broad Street||
|||Hereford||
|||HR4 9AR||
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|||||Unrestricted|Restricted|Total||Total|Total||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Iund|Fund|Funds||Funds|||
|||||||18October|2020||||
|||||||to31March||11March|2020 to||
|||||||2022||17October||2020|
|||||||||K|||
|Income|||||||||||
|Donations
and legacies|||||||||||
|Memorial|||||5,034||5,034||109,925||
|Gift aid|||||(140)||(140)|||9,704|
||||||4,894||4,894||119,629||
|Charitable
activities|||||||||||
|Welfare/subscriptions||||738|||738|||87|
|Sale ofties||||573|||573||||
|||||1,311|||1,311|||87|
|Total inconie||||1,311|4,894||6,205||119,716||
|Expenditure|||||||||||
|Charitable
activities|||||||||||
|Memorial
maintenance/insurance|||||629||629||||
|Memorial
dedication||costs|||14,127|14,127|||||
|Welfare/wreaths||||476|||476|||76|
|Newsletter||||1,671|||1,671|||602|
|Postage and stationery
Computer/sundry
expenses||||551
141|||551
141|||262
50|
|Purchase of|ties|||195|||195||||
|||||3,034|14,756|17,790||||990|
|Governance|and support costs||||||||||
|Accounts||||2,800|||2,800|||1,750|
|Independent|examination|||1,090
3,890|||1,090
3,890|||750
2,500|
|Total expenditure||||6,924|14,756|21,680||||3,490|
|Net income/(expenditure)|||and net movement||||||||
|in funds t'or|the year|||(5,613)|(9,862)|(15,475)|||116,226||
|Reconcihation
offunds|||||||||||
|Total funds|brought forward|||12,176|153,369|165,545|||49,319||
|Total funds|carried|forward||6,563|143,507|150,070|||165,545||
||||At|At|
|---|---|---|---|---|
||Note||31-Mar-2022|17-Oct-2020|
|||||8|
|Fixed Assets|||||
|Heritage
Assets|||88,530|58,809|
||||88,530|58,809|
|Current Assets|||||
|Stockofties||350|||
|Cash at bank||43,203||73.879|
|Debtors:|||||
|Prepayments||24,517||25,146|
|Other debtors - VAT||||10,211|
||||68,070|109,236|
|Cuneat Lialities|||||
|HMRC - gift sid|||(140)||
|Accruals|||(6,390)|(2,500)|
||||(6,530)|(2,500)|
|Net current assets|||61,540|106,736|
|Total assets less current liabilities|||. 71|165,545|
|The funds ofthe charity|||||
|Uarestrictcd
funds
Restricted funds - Memorial|9
)0||6,563
143,507|12,176
153,369|
||||150,070|165,545|
|I Basis ol'accounting|I Basis ol'accounting|||||||
|---|---|---|---|---|---|---|---|
|These accounts
have been prepared
under the lu&toricsl cost convention
with &tem«ecogni.||||ed ai cost or transnction||||
|value unless|otherwise
stated
in tbe relevant
notes to these|accounts
The Tmstees decided||to clu&n|e thc year end to|||
|31 March to|align with previous
accnunts
recnrds|||||||
|The accounts|have been prepared
in accordance
w&tii.|||||||
|&he Statement ofRecon&mended
Practice: Accounling
and||Repor ting by Chan ties pn:panng||distr|accouots||m|
|sccoidwice with Ihe Financial
Reporiing
Stan&i.&rd applim&ble
in the UK sod Republic of|||Ireland (FRS 102)||||imucd|
|on 16July 2014.||||||||
|the Fmanciat|Repo& tmg Stnnda& 6 appbcable
in the United|Kingdum
and Repubhc ofIreland||(FRS|It12),|||
|and
&vuh the|Charities
Act 2011.|||||||
|The charity constitutes
a public benefit entity as defined
by FRS 102.||||||||
|2 Income||||||||
|Recagnition|of These are included
in the Sla&ement ofFinancial
Activities (SCFA) when|||||||
|1&ice&»L||||||||
||the chanty becomes entitled to the resouices;|||||||
||&t is niore likely than not that Ibe trustees
will &eceive tbe resources;|||||||
||dte mooetary
value can be measured|wirh sutyicient
reliability.||||||
|Grants and|Grants
and donation&
are only included
in|the SoFA when the generul mcome recognition||||cntena||
|donntions|are met (5.10to 3 12FRS 102 SORP).|||||||
|Tax reelainis|Gib Aid receivable
is mcluded
iii incnme|when there is a vahd declaration||from Ibe donor|||Any|
|on danations|Gift Aid amoun&
recnvmv&l
on a donation
is considered
&n be pan ol' Iha&||gill and»||Iree&ed|as an||
|«nd gifm|addiuon
to the same fund as the uutiai donation
unless
the donor ur Ihe terms of the appeal
.peci fied otherwise||||||have|
|Income from|Membership
subscrip&ions
received
in the|nature ofa gift are recognised|&n|Donations
and||||
|menihersl&ip|Lcgacics|||||||
|3 Expenditure
and liabilities||||||||
|Llabglty
rccugnitiun|Liab&hties arc recognised
where n is moie
obligation
committin
tbe charity to payout
measured
with ieasonable
certainty.|likely than not thaI &here i& a legal or constructive
icsources
nnd the amount ofthe obhgatioacan|||||be|
|Guvcrnnnce|Support costs have been agocated between|governance
cost& and other supporL
Governance|||||cost&|
|nnd support|co&nprise ag costs involving
public accountability
of&he charily und
iL& con&pl&ance||||with regulation|||
|costs|aod good practice|||||||
|4 Assets||||||||
|Stalks sud||||||||
|work io|Stock& held for sale as part ofnon-chantoble|tnnle are measured
at Ihe le&ver||or cusi|or net|||
|progt'lss|realisable
value|||||||
||The cbanty has hen&age assets, that
&x non-monetaiy
asseL& with hi&tone,||artistic, saentific,|||||
|Heritage
assets|tecbnologicul.
geophysicol
or aevi&Cemental
their contr ibution
lo knoivledge
and culture.|quahties
tire& ate held
nnd niainta&ned
priac&pagy for
The NMA monument
has not been depiec&ated,
ss il||||||
||was not complete
at &hc year cnd|||||||
|6 Trustees rcniuneration||||||||
|During tbe yem|administration
expen~es totalbtig f300 were|reimbur
ed to tuo Tni&tees||||||
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