Service Non Publie Funds Final Accounts, M&naglng Trustee's Report, Internal Audit Board Report and Independellt Examiner's Report ISORP 2(K15 compliant) Internal Audlt Board Scheme, (Use eiiher Page I depending on ihe ty of scheme used) ArniyFomJN1514 (Rev I11(V)I Unil CHAPSIAI Addre&s Zort 2L Second FI>r. Blenheim Building. MarllM)rough Ltnes. Andover SPI18HT In respeci of the RACHD Museum CIO Chariiy Commi55ionlR£gulator registettd number 1189)72 For the rKri(Ml from 01102n023 31101r2024 Managing Trusteelsl during the period: From IFebll to 31 Jan Name Revd Michael Parker .From to Name From Name Account Holderfs) durlng the perlod: From IFeb23 ¢0 14 Jun 23 Name Rtvd Dr S Paul Swinn From IS Jun 23 8Au 23 Name Revd Matthew Coles From 9Au 21 Jan 24 Name Revd Dr S Paul Swinn From 22 Jan 24 to 31 Jan 24 NAme Revd Dr Matthew Coles The Internal Audit Board consists of: President Revd Kevln Jon&s Member Member Member AMbled at Andover 26 Mar 24 B Order or CG
Notes to the AecouDts IParas 2 to 12 are to be comple¢ed by all funds which have y gross income of £IIN)K or over and those funds already registered with the Charity Regulator. all other funds are to complete Paras 6 and 7 and the declarations at Para 12): Princi al Accountin Policies Accouniin Conveniion. The financial slalemenis are prepared under ihe historical cost convention as modified by the inclusion of investtnents at market value and in accordance wilh applicable accounting slandards. In preparing ihe financial sia(emenis ihe chariiy follows best practice as set out in the slement of Recommended Practice 'Accounting and Reporting by Charlttes. (SORP) 21yJ5 ti '.Ilwww.charit ission. ov. kfinvesli ations150 5docs.as Incomin Resources. Income is recognised in the period in which the charity is entitled lo receipl. and the amount can be measured with reasonable certainly. Granis from other agencies including donations and other income from aciiviiies are in furthernnce of Ihe charity's objects and are part of the general funds ol the chariiy. A restricled fund is only recogni5ed where this 15 an agreed and explicit condition of the grant or donor. Intan ible Income. Due 10 ihe close collaborative relationshtp and the manner in which the char&ty's activities complimenl those of the Arniy. intangible income, reflected in lime and use of premises is not quantifiable or me&surable and so is nol recognised in the accounts. Resources Ex nded and B f AllatIon of Cosls. Expenditujr is includd when incurred or exceptionaily where a commitmenl is made which requires an accrual when payment is to be made in ihe subsequent accounting period. Similarly. where prepayments are made An recognilion of cotnmitmenis falling due in a subsequent accounling riod, the appropriate credit 15 entered in ihe accounts and reversed the following year. Grants payable are included in the SOFA when approved by the Managing Trnstee. ExndItUre is recognised in the period in which it 15 incurred. The majority of costs are directly ai(ributable to 5ttcifi¢ activities. Irrecoverable VAT is charged to the Livi1Y for which it was incurred. Governance Costs. Governance costs are the costs of professional advice. holding trusttt meelings or commiiiee meetings associated with decision making, any fee for audit or independent examination and any fee incurred in the preparation. statutory filing, printing or copying of the annual report and accounts. itslisa reciation of Tan ible Fixed AsseLs. All &s8ets having a purchase value of more than £51X) are capitalised. The cost of iangible fixed asseis are written off by equal annual instslments over Iheir eXcd useful lives using the following methods of deprec110n- Furniture, fixtures and equipment Molor vehicles Straighi Lin¢ over a riod of 2- 10 years. Straight Line over a period of 2- 10 y&qrs. Assets with a lile of more Ihan one year bul with a purchase value of below £5iJl aTe included wiihin the i¥Jvenlory but Ihe cost is written off in Ihe year il is incurred and is not depreciaied over the useful life of the asset. Where Ihe asset is depreciated over a riod of more than 10 years. deidils of the ttem and period are lo be provided following the notes on page 14. Fix Asset Envestm Fixed asset investhienis are included at market value al the balance sheei date. Any gain or loss on revaluation is shown in ihe Siaiement of Financial Acliviiies {SOFA).
Siocks. PuTchased siocks are valued at the lower cosi or nei realisable value making due allowance for any obsolete or slow-moving iiems. Funds Accountin Funds held by the charity are: General Pu selunreslricled IDesi nated Funds. These are funds ihal can be used in accordance wilh ihe charitable objecis al the di5crelion of Ihe Managing Trustee. Designated funds are unresiricled funds which have been allocatedleam)arked for a particular purpose by the Managing Trustee and are lo be declared in ihe Managing Truslees comments in accordance with Para 12 10 these noles stating what they are intended to k used for and when. (2) Endowment Funds. Endowment funds are those invesimenls and other gifts accepted by the Ihe capital sum or property being held in perpetui(y and the income only being vailable for charitable use. Re.4lricted Funds. These are fund5 that can only be used for particular restricted purposes within ihe obje£ts of the charily. Restriction5 arise when Specified by the donor or when funds are raised (or particular resiricted purposes. Further expldnaiion of the natslre and purpose of each fund is io be included in ihe no5 to the OUntS. Heriia e Assels. In the course of ihe unit's history, the charity may have acquired gifts, memorabilji regalia, silverware. antiques and other historical artefacis in the course of distinguished mililary servicc in service of the Crown. The value of these pieces is large part derived frotn their close as8(latIon with Regimental history which precludes the use of CQDventional valuation tcchniqu¢s being applied. Whilsi the objects of the charity do not $C7r1Ca1IY include preservation and conservalion. the pieces represent an essenlial elemeni of celebrating the unil's history and foster esprit4le•corps. Consequently the Managing Truslee considers the Charity io hold heritage 3S5ets both for funciional usc and &8 an element of national history on behalf of ihe naiion. Heritage asse acquired prior to l Apr 06 are therefore not capitalised on ihe balance sheet bui a deriPtiOn of ihose assets is disclosed as pan of the noies to the accounts. Heritage ussel8 acquired after l Apr 06 whcre the purchase price is known and whieh exceed £s(M). are included in ihe balaDC¢ 5heei acquisition value but are not depreciated. ther Costs. Other cosls are ihose cost5 noi incurred in the undertaking of charitsble a1vitY in furtherdnce of ihe objects of ihe charity. i.e. the provision of faciliiies, recrealional programmes or activities in furtherance of military effictency. They are also costs incurred in the making of granls and donations, in the costs of generating funds, ffi.e. the costs incurred in trading or fundraising underEaken by Ihe charity, or in governance cosis.
Granis Made. (if total granis are over 5% of ihe charily's exnditu). The chariiy made the following 8ran151donaiions: Granis io institutions Name of institutions Purpose Total number of iven Total amouni of rant5 aid None Tolal rants to inslitutsons O.IK) Grants to individuals Total number of rants iven Total amount of aid None Related Part Tran5 tio Remunerati Whilst the charily has a close working relaiionship with the Arniy, Ihere are no transactions wilh the Amiy which require disclosure under SORP 2W5. The only irdnsaction5 made by the chariiy in favour of the unit are wholly aiiribulable lo the charitable activities of furthering military efficiency. The Managing Trusi¢e is an officer or equivalent and fulfils the role as trnstee in accordance wilh the applicable laws and regulations.. Nn expen4e£ have been paid to Ihe trustee. In the eveni ihal expenses have been paid 10 the miste¢ these are disclosed under the Managing Trn5tee's comments. Anal sis of Ca ital Pro Fixiurcs, fiiiings & equipment Molor vehicles Total Balance blf PUrChe S(Iles & W/Os reciation Balance clf 0.) o.
Total Value of Inveqiments b Cate Value £ in value markei value atbe innin ear Add addilions io investmenis al cost linve5tmeni% L£ss di5 sals ai c in value linveslmen18 sold) Addl(deductl nei gainllloss) on revaluaiion Igainnoss at end of accouniin riodlaudil in value maTkel value 5875.01 urch&sed 722.26 at end of ear 6597.27 Breakdown of Market vale$ at ar End GPFI Unrestricted Valv¢ £ Resiricted Endowment Total value Value £ o.Ix) Income durin ear Value £ Value £ Value £ Investment properties Invesimenls listed on a recognised stock exchan Investments held in unit trusts or other olleciive investment schemes Inve51ments in subsidiary or connected undertakin s and com anies Securities noi Itsied on a re¢ognised Stock Exchan Cash held as part of Ihe inveslmeni folio Other inve5tmenis 6597.27 6597.27 o.IK o. Total 6597.27 6597.27 t of Debtors Debtor Date of Debt Amount Total * There are no amounts falling due after more than one year (delete Ms appropriate). reditors Crediior Date of Credit Amount Total * There are no amount5 falling due after more than one year (dele* ag appropriate).
Paid Em ear£ L&si ear£ Gr05s wa es lo er's National Insurance Pension Contributions aid Total staff costs O.IK) Give the number of employees who were engaged in euch of the followin a¢livilies'. ear ear Costs of eneratin Charitable activities Other funds Total No individual employee received a salary of over £6(MXX).(XI Governance osts This ear£ ear£ o.iJ) Audit or inde ndent examinalion fee RestriCtedndOwMen1 Funds Give details of the movements of the individual funds summarised in the restricted and endowment column of the Staternents of Financial Activities (SOFA). Fund Name FuTrJ Ba] BIF Incomi Resourtts lor TTllllsfer5 GlliL5 FuThl Bai CIF Re40urces for New Museum Ikvelo meni Fund 27(K).(M) 27(X).O O.IK)
A brief explanation as lo the nature and pUre of the chariiy's Re8iriCted Funds is to be provided. Name of Restricted Fund New Museum Developmeni Fund se of fund To mainiain a hnd lo &ssist with the in(ernal design and fit-oul of the new Museum premises. FIE-OUI ffts now complet so this fund has now been s nl. Herith e As Heritage &ssets that are owned by the charity bul purchasedlacquired prior to l Apr 06 arc not included in the charily's capital property value (see noie l.j). A lisVdescripiAon of ihese asseis is below.. Furniture, paintings, piciures. silver. rniscellaneou5 Item5. and oth¢r heritage artefacts, a5 per 12. Declarations All of the chaFity's comnjitments aff provided for in the acwunts. No guarantees have been given lo thkrd partie5. The charily has not received any loans that are outstanding at the year-end and secured on assets. The charity has not granted any loans to institutions or companies connected with the charÈty. The charily did not make any ex-gratia payments during the year. Sufficient resources held in an appropriate forn) io enable each fund io be applied in accordance with the restrictions imtM)sed. The financial activities assets and liabilities of all the charity's branches or sections have been included. The trustees have not changed the year end date or the length of the charity's financial year. (if ihere arc designated funds the reason for designation and when each designated fund ts intended lo be used by is to be sialed in the Managing TNstee retxyrt). All ihe charity's operations are conlinuing operations and there were no operdtions discontinued or acquired during ihe year.
No funds {unreslricied. designated. restricled or endowment) are in deficit at the balance sheet date. The charily has no inthngible assets. There were no inter-fund loans outstanding at the b<ilance sheei date. None of the charity's function fixed assets have been re-valued during Ihe year and the charity does noi have a pollcy of revalualion of the% assets. The ChltY has no subsidiary companies. The cbarity has no materi fixed assets which have not been capitalised and included in the balance sheei. No internal transfers have occurred out of rc5trictcdlendowment funds. In the event that a transfer has tuken place. full details of ihe reason for the transfer are disclosed in the Managing Trnstee's comments. All investments held investment as5eis in the UK unless oiherwise stated. Note: Where any of the declaralions a not correci they are to be cro&sed out and details provided in the anaging Trusiees comments. Addilional comments.. Signu[C Revd Dr Maiihew Coles Name Date= . 63.14 Account Ider
Managlng Trustee'5 Annual Report and conents. Unii: CHAPSIAI Address.. Zone 2Z. Second Floor, Blenheim Building. Marlborou8h Lines. Andover SPI18HT Charity name and Charity Commis%ionlRegulalor Tegisteffd number. RACHD Museum CIO . 1189072 Description of the charity s trusls This should include: Detsils, including date if known of Ihe charity's governing documeni (e.8. irnst deed. will. conslitulion etc); and A brief explanauon of the charity's objects. wre applicable, you may choose to give details of any specific investmenl powers of the charity. Governlng DcKumeni (e.g. Trnst Deed, Constitution Constitution of the Royal Artny Chaplatn5 Department CIO registered on 15 April 2020 Objects of the Chariiy To uphold Ihe tr4dilions of the Royal Arn]y Chaplains, Departsneni and to iuate ils deeds. Explain briefly how trustees are elected or apwinted and details of any induction and trustee training attended. Trustee seleciion method Tru51ees are Selted as per the governing document. Trustee induction and training Trusiees are issued with an induction pack containing a copy of the Trust deed, copies of receni accounts and rninutes of meelings. They a]so receive a copy of Charity Cornrnis5ion publication The Essential Trustee,. SuTnmary of main aclivilies in relalion lo the Charity's objecis The Museum receives vi51tors frorn outside of the MOD, including family history researchers and special inlerest groups. The Museum 3dvert15es ils presence ihrough naliork41, regiondl and local prinied and online guides lo museums and places of inieresl. This year h&5 seen a steady flow of enquires from members of Ihe public. There has been a sleady number of visitors to the Museum since li has esiablished a new premises al Shrivenham. Sumrnary of rnain achievements of the Charity during the year The Museum has now been on in its new location for 20 months with footfall up 60¢% on ils previous localion in HÉimp5hire. The Mu.%eum is now receiving visits from a wider audience than bcfore; wilh visits from Inlernalional sludents from the Defenee Academy, local churches, cub scoul5. specialisi miliiary iniere¥l groups. National church leaders and local politicians. Visitor fccdback is obtained Ihrough a visitor comments book. The comments indicate a very high level of visitor satisfaction. During the year the Museum has welcomed visits from a number of aeademic res&che. The Museum continues to receive ifts of historical maierial and
is particularly on the l(K)k out for ilems from contemporary conflicis that relate io the story of Faith in Ihe Forces. A regular elecironic newsleiier is now being produced for ihe Friends. of ihc Museum. The mu.seum 15 open every week day afternoon and at other times by arrangemeni. Admission is free. Visilors to ihe Museum are generou.5 in thetr ivin of cash donalions via the donations box. Provide a brief review of the financial tKYSition of the charity. This should include ihe principal tYF¢S of income. Financial Review Principal income for the Museum is derived from sub5CriPtions, donalions and from its investment funds. Further funds are raised from research fees. A grani has been received this year from Ihe Chaplain General's Fund lo assi8t with the final invoice for the new Muscum fit-out. A budget is b¢ing drawn up for the coming year, and regular sources of grant8 and donaiions are being dIyS$¢d and sought through the efforts of the Museum working group. The Managing Trustee should give in their report a description of the following policies: For the selection of investments for ihe charity. For deterniining the level of income trserves held, stating and explaining the level of ffserves held. Where grdnts are made by the'charity, the selection of individuals and institution5 who are to Teceive grants oui of the assets of the Ch1(Y. Financial reserves lic A sum of £10,(MKJ is held in reserve to cover any eventuality. Inveslments selection policy and perfonnance of those investments. The investment currenily in place is medium risk and entnjsted with an ethical company. The war in Ukraine, Israel and the Middle-East have all had an adverse effect on invesimenl perforniance in many sectors. However there has been over 12% increase on Ihe CCLA invesimenl fund which 18 a very siiive rforniance iven that there was a 0.81 % decrease l&$( ear. Provide Ihe name of all trusieeslthe Managing Trustee(s) during the report year. Mhnaging TTUStee'8 namelirusiees. names Revd Michael Parker QHC. Reyd David Barreti QHC. Lt Col {Retd) M T D Butler, Li Col R H Horner MBE. The Ven Alan Jeans, Maj-G¢n (Ret'd) J Milne CB, Revd Andrew G Hardin CF. Revd Andrew Toiien OBE. Serious Incidents None Public Benefit Sthtement This fund provides public benefit by assisling service rSonnel to more effectively perforni their roles within the Arnied Forces of the Crown. li does this by providing and supporting facilities and social activities. The fund promoies the efficiency of the Armed Forces of the Crown by enhancing the Briiish Army's capability to undertake the roles demanded of it including ihe defcnce of the United Kingdom and its inieresis. 12
11 confirm thaE T have paid due regard to the Chariiy Commission of England and Wales'5 guidance on public benefit when decidlng what activities the charity should undertake.) Addiiional comments {include any declaration5 which wett noi cor(1 (Pg 8191): nated funds. The .sum of £IO.(W held in reserve I¢ Financial reserves policy) is recorded as designated fund5 on the balance sheei. Signalure Name Revd Michael Parker Dare: Appointment Cha lain Gen 13
Inlernal Auditor'slAudit Board Report IIWe have examined the books of account and records from which the final accounts were prepared and have obtained all the informalion and explanaiions thai were necessary for the purpose of mylour iniernai audil. lIWe certify that end of pcriod chccks have been CondUcd in accordance with Service Funds Regul10.. Subject to the observalions given below I amlwe are satisfied ihat Proper b(K)ks of account have been k¢pl and thai the final accounts give a true and fair view of the resulis of iransaciion5 ovcr thc periiKI and of the siaie of ihe Fund'q affairs al the dale of the balance sheet. Subject also lo mylour observations 1 amlwe are salisfied that cash and bank balances and StkS on hand have been prOrIY Lhecked al prescribed interval% and thai adequaie insurance exists. IIWe have SlaMd and signed the original books of account and the original records Uwe have checked. All vouchers relating io ihis accouni period have been cancelled. lIWe have made the following observations whilst cwing out the intemal audit: Previous observations *havethave not been actioned (list those observations outstanding). Signature Name Revd Kevin Jones Date= ApFointmenl Presideni 14
teTrd Auilit Boani R9rt RAChD Mwe4mCIO Ac¢mts Year EBded 31 Jan¥ry 2024 I have ib¢ books of wiuni cordS fwm whKh wot SUbit to my observat¥Jn sa out bBknv l sdisftrA th¢ wperbooksof b•Wb kw th the ACCOUDts pve • and fAiT view of lh¢ Twjhs or IriN4ctions over ib¢ peMd md of the sthte ¢¥f ibe Fund's Affam at ihc de of th¢bAl¥e My ob5emt are follows.. Aceouttt Holder Monlbty Check SIKd, The A¢rni HOklerfrnt¢c FIti8D¢j Corsuol ¢&rckli8t sbould be eixryled on 4 6 twnthty b¥ts. This 1&¢ sigT*d As co1ed ory 19 Apnl 2023 and is thrnfO ovetdu¢. NothiDal Acc4wnt CtyAts. The4e 8bou&a b¢ m)rW evtty 2 yearn to >Jeat dtlcte oknlete Code# to 8¢Co0t #odw that (u) AppoiDttWIt t of the AIAil
Pthi+ Balle Sbt- JttuAry 2024 Pgt l of2 Print. lknm212024 Royal Ar•y Ch•plaloJ' CHAPS (Amyl JBnuarn ?014 ETh1 of last Fiicd Assets 5.875.01 CCLA tNVES7MEKr 6.597.27 5J75.01 Totd fix¢dAsse¢s 6J97.27 ' 9.334.53 Curtent o.rx) CCLA DF.POSIT 0. CASH O.fy) Dtbtors 0. s'rocK ON HAND 9J34.53 Trul CurreniAssets 14.4flXOI 14.460.01 15209.54 A 21.057.28 Liabilities O.Th) Cv¢d¢trKs 0. VATtrOl .tyI VATpaNabit O.(K) Totsl Li¥knilid¢s 15209J4 Twlkntts Minu5 Lia>iliti¢% 21.057.28 T(rfal Fw 171JJ.LK) Ttrtai Restyia¢d Funds O.W T(rtal EThJowmcnr Fund5 Tthl Desited Fw 1509.54 ArGpJmoWTTrabng& GPF o. 10,cth). 11.057.28 IS.2.54 T¢xal FuDds 21.057.28
BalAnce Shttt- JAHUary 2024 Page2of2 Prlnfrd.. W0212024 Roy41 Anny ChApl81#5' Mystum CHAPS (Army) l)egned Funds IIX(kn).W MUSEUM RLSERVE iocwj. Re5trithd Funth 1700.fAI New Museum DEvel(wcnl Fund 1700.(KI o. Trnbn&d GeThernl FuTrJs {O.10) Tr8srpls O.L4) N(m Prim¥fv Puyp)s¢ trxdllwsurplug I.19.97) G¢rtrnl P$¢ Fund surpl &547.74 It4).19WI Tr18 & GPFyJtpl 62.699.61 8•l•L¢¢ & l&%1 balanceJhce4 8.547.74 2JOg.54 2,509.54 A¢¢•¢d TrndinB & GPF 11.057.28 15.21)9.54 fjraThltixal 21.057.28 SI81Ur¢4jf MBna8inB Tru5tce
Sialtni¢iit olFlnntll Af11t1es % It 31101121124 P•xt•n+ PriAi¢d= 0610212024 Roi-Jl..trmi' Ch Ilu4eum eskntied DesiIedGPF FuKHis Kestncied FillKIs Totsl Futyjs 6.99S.07 o. 6.99£.07 ?0.( 50.84? 0! 4illne% fov 767.39 o. 767.39 $1.81 IcOll Res[¢ from ILwiiabk.4ctiiiiie5 79& 6.914 51 623.9) HO.O.i8 $6 ¢r l1jiou}2 Re¥ovtr¢s 011 Rt4MiYes esotyites Eiptlldtd C•%t or 6.914 51 If5TIll¢nl hlw8ewetht Costs "osrs of Gether#nty8 Fwds baniabk.4ciiiTriies 'e[[b¢ Costs ' all¥5 alld tkth¢ioos itsel Cosis o.fy) 0.00 0.00 34 14) o. o.r 6. 76 138.49.9£ .61-.99 olll Rt4OUifN EI Befoiy liJll5fm -U7.74 .1.7(K).00 trA•sft ross transfer5 ithv¢¢u fwb15 Jjiienthl tranifeThl OfM> o. tt Illromthg btfort Idln oldlug iiiis OJJ iei'AluaiioD of th¢ 'tys fixed a55e15 iDicAli5ed GaiJJslog4es OD L417.74 .2.700.00 o.( o. 7.74 tcoBrlll•llo¥ of FaDth al fqllds bi#1 fornrd rn pm"Iou5 lear olal t*rrled forn•¥d 2.7fAI.IW) 0.00 21 Account Holder Signature Date Managing Truyee Signalule
PaxtoTr+ lacome Exp¢DdÈthr¢- De¢•iled-J•DM•ry 1024 Page J of l( PriDttd.. W02a024 Royxl Aniiy ChApkntllJ' Museu CHAPS (Army) yua ?0?4 GPFAMI)sis Voluntsn Inc(The C)1 GIFf AID G2 IK>NATIONS G3 FUND SETUP JNCOME 5.396.31 l.593.76 JS1.(M) 351.iX) 6.W5.07 ALXi¥ities forCnetatill8 Fumds 20.TrJ 20.IM) Tnve5trnenl Imc%)me G125 UNRkALISED INVESTMENTGAtN G126 BANK INT DEiX)SIT Acrr G127 CCLA In1¢[ DEPOSIT Accr 374.54 722.26 45.13 o.(xJ 380.26 767.39 In¢om¢ Re9wr¢¢g frrth CharitsbleAaiviti TTlin8 Income G150 SUBS Primm Puwt IJKy)rn¢ G3W SALE OF PROPERTY G301 POSTAGE lllcLYne G302 OTHER INCOME o.th) o.fy) 0.9.54 6.914.53 In1¢rn Trwsfers In Gai]ts Rrvthi*ioTh of FL%edAsscL% UJwls¢d GJin5thJ Ih¥eth¢MAssets GPFTrtal ]e 731.20 15,492.99
Puio+ Intome and FApeudlture- Dtlalkd-JAllttry 2024 Pgt 2 of 10 Prlnttd: I21Zo24 RoyaJArniy ChplilDS' Mystum CHAPS IAnDyl penditure 0501 BANK CHARGES G502 ENVFST MANAGEMENTC05T5 35. 35.fyl Costs of Ge[KrnI8 FUj5 awitthAaiYiEi G750 STATIONERY G752 LF.GAI. FFF.S G753 PROPERTY VALUATION COSTS G754 N•4 Desi8n & Fi14ht 82.72 o. o. 4209.54 4292.26 G775 PRESENTATIONS h¢rCL Prirnan Tradin¥ Costs G8(N) ADVERTISEMENT G801 BOARD EXPENSES G802 PROPEKTY INSURANCE G803 NIL VALUE PROPERTY G804 PROPERTY UPKEEP G805 POSTAGE COSIS G807 FtOSTING G808 CARD tNDEX DIGinsATION PRO G809 MUSEUM WEBSITE COSTS G811 Olh¥¢w8es o.IK) 172.50 1038.40 174.36 27.19 o.IM) 192.wj 13.Y 1617.99 InltthdTr•%fusOd o. Unrealised tA>55¢5 th InYestro¢nL4 (¥)50 UNREALISED INVESTMEKr Inss o. GPFTotsl Eitxnditw 945.25
P*xtoll+ Into•ht and F.xpeBdlture- Delalltd- January 2024 P•%t 3 or io PrfRied: 06m2ll024 RTry¥lArwy Cb•pl•lns' CHAPS (Amyl GPF tnuKnc Ov# 641.26 J47.74
Pai¢oD+ INcome Aud E¥pendttwre- DetaTled- JaDury 2024 Paet 4 0(10 Prljbitd: (W0212014 Royal Arny Ch#plths' CHAPS (Anlly) TE¥diNgA¢iA1siS Tr*1irtg ElpdIte TTh)I OPENING TRADING STOCK5 T002 TRADING STOCK PURCHASE I RETI T(M)3 CLOSINCI TRADING STOCKS Tr1 WRITE OFFS TW5 MESS GUESTS T(KhS DISPOSALS AT COST Tfy)7 TRADING EXPENSES Tr•ding Incomc T1 SALES Intome Ov¥ ExtUre PrllDaTh PeTTlIA1'%1$ Traduw EApfflditw¢ TTathn8 Income
IDrw¢ nd EipelldltuTr- Dal-JDury 2024 Pigt 5 of JO Prlnted: 02/2024 Ro1 Amy ChpknlDs' M4M¥m CHAPS (Arnyl Resrricd Fd5Aall1I5 Voluntary ]rK£e R(Kbl N¢ Musewn 1ql Fwbj o. AuivitÈe5 for Gentrting FwLd5 RiX)l New Mwethi F o. Enveyknent lnLxC Rth)l New M4wum Develorfflull FTrd Q.IM) o. IDLxxne ReJ1 from Chwit8bkAdiVi¢¢ ROOI New Mvxurn DeveloFMnEm FuThJ o.th) R1 N¢w Mw]m Developneni Flmd o.IM) Tthl Intometx¢ludl1Sfs o.(K) ,
P•x¢oD+ lurom¢ EipEndltyrt- Dttslled- 2024 Page 6 of 10 Prlnled: INSm2n024 Royal Army Cbapliltss, Museu CHAPS{Arnyl EX0111¢ l•v¢sDneng ManasanEm Co$ RWI N¢w Mwtum Develorfflull Fuj Cts ofcrtttrw FNTrJ¥ RIXII New M¢4 Dev¢loFMrt Fwwj chb1¢AcEIVI1iCs Rfyjl Ne Museum tvd¢wenl Fund )] N¢w Museum D¢YeloxnEnt Fund 2.7th). o. 2.71.(} l New Muswm fkvelopnfflrt Fund o. R(Kll Ne. Mw¢utTh Dtvelcyma Fund TO7 Fxp¢nthwre ex¢ludin8 ISfe 17W. TThn51c R1 N¢w D•¢nt Fund lic#ri¢ted l*¢om¢OviT Ewditwe -17W.L¥)
P4xton+ IAcome aDd ExptndllMre- Dei•lled- JaDXAry 2024 P*Re 7 of 10 PrlD¢ed: (W2a024 RoyilArmy CbaplalA5' Muleu CHAPS (Army) DesiatJ FundsADal)sis 1Cne IrwDe I MUSEUM RESERVE fy) Adt¥iknes fw Genttaun8 knds D(M)I MUSEUM RESERVE o. D1 MUSEUM RESERVE 00 Tncomc Resour5 frpm Chan1¢ACtIVi DWII MUSEUPA RESERVE o. II MUSEUM RESERVE o.fy) To¢AI In¢ ¢x¢luthn8traKfrr5
P4xtov+ lthtomt and ExpeDdttsrt- Detalltd- Jtttsary 2024 Page 8 of 10 Prlttttd.. (l01n014 Royal Amy Cbopll#s' CHAPS (Army) Invrmwl meNc0St5 D] MUSEUM RESERVE 0.fx c(S of Gertraiing Funds tXKbl MUSEUM RESERVE O.fM) o.(A) tlbICAll1vleS 01 MUSEUM RESERVE o. iXM)I MUSEUM PESERVE 0.00 rxK)l MUSFUM RESERVE o. lknr co$ tJ>l MUSEUM RESERVE Totsi Ew&ntteXcludi8trtsfet$ txxbl WSEUM RESERVE o.Th) o.( DEsip*oJ lJKiffoe E%railure o.
OD+ IDtMt and ExpMdItu- Dttailed-JaDu•ry 2024 Page 9 of 10 Printed: iW02n024 Roy•l Army ChplalD$' #tm CHAPS (Arnyl FLmdsAn8lisi ALviEiCS Ge1KrHtL Fwd5 In¢e Resour¢u ClwtthbleAL*ivilK¥ hv In¢rAnim8 Re%x Ttx41 IDo)m¢ ¢%dudiDB trfer5 o. o.th)
PxtoD+ lotomt •nd ExpEttdhott- Detalled- J•Ruary 2024 Pgt 10 or io Prlknt¢d.. (W12n024 RolArMY CbaplalD5' Mu¥eum CHAPS (Army) Lxjxndiu Invesrni m08¢m¢nI Co#$ 0.) . Costs of GenerniTr8 FuTh15 o. ChvitsbjeAlYl1Itt1 o.(x) Grthts Dall(S o.fy) T(knl F.%penditute ¢x¢iudinB twf¥5 temal Tra[(#$ fijnth Inctyne Ovff ElndiN
Pxtoty+ Trll Bil*tsre PAKe l of 3 PAuted: i¥J10212024 Roy41 Army CbaplalD$' Mw¥m CHAPS {Armyl Balance dale to end ofJanuar4 2024 All norninal code5 Without 51 te4thttyJes sho B300 CCiAINVESTMENr 639727 722.26 ST(KK ON HAND I4,4.01 5.125.48 CCLA DEPOSIT CASH o. B71X) Cttdit o.fy) o.(xJ B750 VATe(thl B760 VAT pa)Abi¢ A¢¢thmul8ttyJ GPF -15Tr1.54 60.Iqb.Q7 MUSEUM RESERVE -10.ow.LK) New Muxum Lkv¢lY1 Fynd 2.71KI.00 21.057.28 -12,509.54 6&737.81 8,547.74 6&737.11
Putwi+ Trl•l Balance PaRe 2 otj Printed: 1>610212014 Royal Army Cbxplaitt5' CHAPS IArny) GIFT AID -JJ%.s1 GWJ2 LK>NATIONS -1.598.76 .351.TrJ G(KJ3 FUND 5FWP INCOME o. o.IX) G050 C4rds s¢8 -20. G125 UNREALISED INVESTMEYT GAtN BANK SNT DEPOStT ACCT .72226 -374.54 G126 45.13 -5.72 G127 CCLA InietESt DEPOSIT AC SUBS o. G15 .796.fK) G3Th) SALE OF PROPE o. G301 POSTAGE Incvrn¢ 302 OTHER INCOMF $4 GY)1 BANK CHARGE5 35. G502 INVEST MANAGEMENT COSTS STATJONERY G750 G752 LEQTAL FEES G753 PROPERTY VALUATION COSTS Nrw Muscm De5iy & FiE4hJl PREsEATIONs G754 420954 G775 o.fr) ADVERM5EMENT 172JO DOAiiD EXPENSES o.Th) G802 PROPEKfY INSUiIANCE 1038.40 o. NIL VALUE PROPERTY 174.36 PROPERTY UPKEEP G805 POSTAGE COSTS 27.19 G807 HOSTNG GSOS CARD INDEX DIGITISATION PROJEC MUSEUM WEBSITE COSTS ¢er e.%penyts G811 13.54 o. G950 UNRF.ALISED INVESTMENf LA)SS OPF.NING TRADING STWKS TRADING STOCK PURCHASE I REniR CLOSINGTRADINO STncKS WRITF. OFFS TIKJ2 Tty)3 TIX>5 MESS GUESTS o.
CHAPS(A) MUSEUM CIO S02 SPS- Indepondent Examlner'8 Report on the Accounts. and Comments Direction 1: Check wh•thor the ¢harlty Is ellglble to havo an independenl axamlnallon. I've used the guidance summary at para 2114 01 the SFRS to ensure independent examination by the ComdlS02 SPS is authorised. Dlrectlon 2: Chock lor any confllct ol Inleresl that prevents tho oxamlngr Irom earrylng out thelr Indepondenl examlnallon. I declare thal I have not acted as IA or had any other involvement in Ihe day to day running of a service fund (e.g., in a wevious assignm8ntl within the last three years. Dlrectlon 3: Rord your Independent •xamlnatlon. A record of associated dUments used lor this audit is being stored along wtlh the reFQrt and acGouns. Dlrecllon 4: Plan your Independent examlnalk>n. As the examiner l oblained Ihe relevant constitution. objectives. organisalional structure, the funds managed, its activilies aThJ accounting records and systems prior to conducting my enina11On. Dlrecllon S: Chock thal aOun11n9 rKord8 are kept to Iho to tho roqulred slandard. As the examiner I satislied mysem that all rèlevant PAXTON+lAB 397 accounting records and subsidiary books are maintained and up to date. including an examination of transaclions carried within the fund during the fund's last G1 audrt. I have checked that the 6-monthly Fmrrruslee intemal financial controls checklist (Britlsh Army) was completed (seo Annex B lo Chapter 2 of these regulalionsl. Dlrectlon 6: Check Ihat tho accounts are conslstent wlth aeeountlng record. As the IE l examined the final accounts to ascertain il they revealed any unusual rtems, unexpected fluctuations or IrnSIstene128. Dlrectlon 7: Chock that tho Charlty18 operated in ling with th• accruals basls of accounllng. The accounts aro prepared on an accruals basis and the relevant checks have been made to C(lIM Ihal Ihe charity accounting complies with the accruals method ol accounting. Wherever deviation may exist. guidance was provided to the MT and are recorded within this report. Dlr0¢tlon 8. Chock Ihe veasonablene88 Ot the 8lgnlllrAnt 08llmale8 and Judgmonl$ and accountlng poll¢le8 u8ed In aceountlng lor the typ of tunds hold and In the preparation of the accounts. I have checked.. The general accounting policies of the service fund have been agreed with the Charty Commission and are lisled in the AF N1514. Any slgnificant income oxpeclaltons lied in the Managing Trustee's Financial Reviews in previous accounting peric*Js are noted and their continued receipt considered against fulure planned expenditure wh&re appropriate. I checked that separate funds of the chafity have been correctly accounted for and repjrted correctky in the accounts. l Checked to ensure that no material breach of trust has taken place in Ihe use of charitable funds in the lerting peric4J e.g., use of monies in a restricted furKI for a purFrtxe outside ol the restriction.
Dlrectlon 9. Thg examlnw must eh•ek whether the tru810•8 have consldorod thg tlnanclal circurnstsnces ol the charlty at the end of the reportlng perlod arKI, if the ac¢ount8 are prepared on an accruals basls, ¢ho¢k whether the trustees have made an a88eMmeth the charity's position as a golng concarn when approvlng the ac¢ount8. The IE shoutd consider if th8 s&rvice fund remains viable for future accounting periods. Consider the worth of the service fund over the peritsjs of prev4ous AF N1514s- Consider il the worth of the fund Teduced over an extended peric*J. I've consi(lered the worth ol the service fund over the pertL¥ts of prevrous AF N1514s and assessed rf the worth of th8 fund reducing over an extended period. Debtors and Credrtors have been examin8d and guida provided to FM where necessary. 10. Dlrectlon 10. ChKk the fom) and contonl of th• aeeount. I have: The service fund accounts and AF N1514 complies with SORP and the mlnimum accounting standard required (SOFA. balance Sheet and completed notes to the accounts). Checked for the correcl complelion of Ihe AF N1514. Dlrectlon 11. Dlrectlon 11 dlrects Independent examlnefs lo Idenllfy It•ms Irom th• analytlcal review of the a¢count• that need to be followed up lor furthor explanatlt)n or evldence. Any follow up action or requesl for further exptanalion can be found at paragraph 13 below. . 12. Dlr•ctlon 12: 1 have compared tho trust, annual r•port wlth the Account& Comment8 13. The IA comments are noted. I have the fdl¢)wng c¢)mm8nts, Sne ol vthich requlres actlon: a. No comments Date.. 17 Sep 2024 Independent Examinerfs Signature Name: "SPAd kA Appointment 02SPS H Southeast