Service Non Public Funds Final Accounts, Managing Trnstee's Report. Internal Audit Board Report and Independent Examiner's Report (SORP 2005 compliant) Intern21 Audil Board Scheme, (Use either Page I depending on the type of scheme used) Arniy Forni N1514 (Rev 11109) Unit CHAPS(A) Address Zon¢ 2Z. Second Floor, Blenheim Building. Marlborough Lin4 Andover SPI18HT - In respect of th¢ RACHD Mu5¢um CIO z FundlCh8rfft Chariiy Commis%ionlRegulator r¢gist¢red number 1189072 For th¢ period from 0110212024 31101Q025 Managing Trusteels) duriDg the period: From IFeb24 to 31 Jan 25 Name Revd MRchael Parker From to Name From to Nam¢ Account Holder(s) during ihe period: From IFeb24 to 14 Jun 24 Name Revd Dr Matthew Coles From 14 Jmn 24 lo 31 Jan 25 Rcvd Am Walters / From to Name The Internal Audit BoArd consists of: President Revd Richard Be Member Member M¢mber Assembled at Ann H , Andover 12 Mar25 B Order of CG
.%tsi¢menl of Tr-inan¢i#l ,l¢iii"ilietb .111O112{I25 P#xion+ P#ge l i)f I 'rint¢d: 12111.1121124 R()1 al ,.Irmi ('h¥ )lain4' .Nlii4c'um IlnrL%IriLtL l)csi¥nalLd,'Gl)F Rrylriclcd F'und5 l..nd(TrNTn¢nl Totsl Funds PreigiOUS Period lotsl bunds lunuwv Income ti.111c5 f(Y Ci¢neralin8 Funds nvcsliMl In¢omL n¥ome K¢s4)uf¢vi from haritsble Activili¢s hhLr InLI)rtlI R¢%()U¢ RL'%i>iirce c%uurc¢% Tr-.IPf nil¢d C o%1 of energlin% YLStn*nt ManagkYn¢ni Costs 0515 of GenirJting l u¢xls hArÈithbl¢ Adivitics OVLrnanL¢ C051s iriinis and tX)nalions er C'osls 833.67 833.67- 6.995.07 0.00 45.13 18.73 0.0 18.73 855.00 IUl.6(J, 0.00 o.o(I o.u 855.00 101.60 796.(Kl 6.914.53 14.77V.7.1 U.IM) 35.00/ 0.00 0.00 0.00 0.00 35.00 35.(K) 7.054.1?.1 ?.06?.07 7.054.1 ? 7.987.58 2.148.31 0.00 174.36 lJ.141.19- 0.00 9.141.19 ReAiiiircc% Ilf fi)re "I"r¥Tr%fcrs sfer4 -7_142.19 .uo -7..142.19 ,124 411 nJS5 trwbfcrs between ndS intenial tr8rt4fers1 ci lllconiing ri'4our¢L'% becor -7.142.19 o.Th) 0.0 -7..142.19 £.12q411 ittins i)n r¢&'aluuli()n ofihe o. 0.00 0.00 irL'alised CJainwiA)ss¢s on n.¥4MLI1t aSSLIs ¢1 Nl cmiiml in fr lind 64S.55. -6.690.64, O.(Ml o.uii 17 4).(b9h.64 -4.1447.74 <bl¥l fundi broh1 fvrn#rd 21.1147.2 21.V47.28 ul#1 funds ¢#rrifd furngrd 14.160.04 .uu Date Account Holder Signature - Date Managing Truste¢ Signature
Paxton+ B8laiDce Sbeet- J8nu4ry 2025 Pagel of2 Printed: 1210312025 Royal Army Cbaplains, Museu CHAPS (Army) January 2025 Balan Fixed A&sets 6.597.27 CCLA investment 7.242.82 6.597.27 Total Fixcd A55cts 7,242.82 Cwr¢nt Assets 14,460.01 Current bank aecount O.(M) Cash 0. Debtors 14,460.01 Tothi Cuttent Assets 7,117.82 0 o.(M) 7.117.82 21,057.28 Totsl Atsets 14.360.64 Liabtlities 0.00 Creditor5 0.00 VAT control 0.00 VAT payable O.(K) 0.00 Totsl Liabilities 0.00 21.057.28 Tots] Assets Minus Liabiliti¢s 14,360.64 Total Funds 0.00 Totsl R¢stri¢ted Funds 0.00 Toro] Eodowment Funds 10.IMIO.DO Total Desi8nated Funds 11.057.28 Accumulated Trdding & GPF 0.00 10.000.00 4.360.64 21.057.28 Total Funds 14.360.64
PaxtOD+ Bal#Dce Sheet- Jany4ry 2025 P*ge2 of2 PriDted: 1210312025 Roy41 Arniy Ch4plains' Museum CHAPS (Army) End ofiasi ear Balanc Funds Analy51S Designated Funds 10.I)00.00 Museum Reserve 10,000.00 10.000.00 10.000.00 Restricted Flhnds 0.00 Endowrnent Funds 0.00 0.00 TradÉn8 and General Purpose Funds 0.00 Trading surplus 0.00 Non Primary Purpose tTading surplus 8,547.74 General PuryK)s¢ Fund surplus 0.00 16.696.641 .547.74 TTading & GPF surplus 2,509.54 Balance at lasi balance sheet 16.696.64 11.057.28 11,057.28 Accumulated Trading & GPF 4,360.64 21,057.28 Grdnd tothl 14,360.64 Signature of Alc Holderffiund Mana8er Signature of Mana8in8 Trustee Date
PaitOD+ Tri•1 B414nce Pge l of3 Printed: 1210312025 Royl Army ChApl•ins' MM8eum CHAPS (Army) Balance dare io end of January 2025 All nominal codes Withoui cosi Centre codes shown Ye B300 CCLA inv¢51ment 7.242.82 / 0.00 Z 7.117.82/ 645.55 B500 tkbtors 0.00 B650 Current bank a¢¢ount -7.342.19 B680 Cash 0.00 B700 Creditors 0.00 B750 VAT control 0.00 B760 VAT payable Ac¢umulated GPF 0.00 B900 -11,057.28 -8.547.74 BXOI Sio¢k band 0.00 0.00 BX02 CCLA dcposit account Museum Reserve 0.00 oi -10,000.00 RXOI New Museum Development Fwid 14,360.64 -21,057.28 645.55 -15.889.93 -6,696.64 -15244.38
PaxtOD+ Trial B•lan¢e Pge2 of3 Printed: 1210312025 Royal Army Cbaplgins, Museum CHAPS (Army) AIC Code Narne Balan Month Mov men GOOI Ihnations received -833.67 -395.90 G002 Gift Aid tsx r0Vered 0.00 0.00 G050 Xm&s Cards sales [lt for usel Bank iniere G125 -18.73Z Gl50 Sub5¢riPtions- general Other income -855.00- G300 -101.60 G301 Pos¢a8¢ income Inoi for usel Unreali5ed 8ain CCLA Bank EhArges Invcstmcnt mana8cmcnt costs Hospitslity Conf¢ren¢es- extemal G460 -645.55 Z -363.31 G500 35.00 G501 0.00 0.00 G615 0.00 G621 45.00 0.00 G631 Special projects Publicity Websit¢ costs 0.00 G641 90.00 0.00 G642 216.00 0.00 G651 Property upkeep Museum design and fit1 Business rales 0.00 0.00 G652 125.00 0.00 G653 6,578.12 139.Th) G750 Postsge 5.40 2.50 G751 Stationery Insurance 12.67 G752 2.044.(Kl G753 TnLs¢s exp¢nses LK821 fces Propety va]ua¢ion ¢osts Presenlalions 0.00 G755 G756 0.00 0.00 G776 0.00 0.00 G803 Nil value propty Inot for us¢] BusÉDess Rates- Arrears 0.00 0.00 G899 0.00 0.00 G950 Unrea]ised loss CCLA 0.00 0.00 TXOI Intcrest on CCLA invcstmcnt 0.00 0.00 TX02 Fund Setup income CCLA in*rest- deposit aw)wJ Sale of property Opening trading 5tock5 Tradtn8 Stock Purchwretyrn Closing trading sw¢k Writcaoffs 0.00 0.00 TX04 0.00 0.00 TX07 0.00 0.00 TXO8 0.00 0.00 Txog 0.00 0.00 TXIO 0.00 0.00 TXII 0.00 0.00
xtOD+ Tr141 Balnce Page3of3 Prlnted: 1210312025 Royal Army Chapllns' Mu8eum CHAPS (Army) Code Name Balance TX12 Disp)sa]s at ¢ost Sales 0.00 0.00 TX13 0.00 0.00 TX14 Purchase discounts takcn 0.00 0.00 9.151.19 -2,454.55 149.90 -759.21 6,696.64 09.31 0.00
Paxtoll+ Income #nd Expendlture- Detslled- Jallu4ry 2025 Page l of 10 Printed: 1210312025 Royal Army Chaplgins, Museum CHAPS {Arniy) January 2025 Turnover this Tmnth Turnover eartod GPF Anaty$i$ Incom¢ Volunwy Income GOOI Donations rec¢ived G002 GiftAid tax re¢ov¢red 395.90 0.00 833.67. 0.00 395. 833.67 Activitics for GcnerBting Funds G050 Xrnas Cards sales I¢t for usel 0.00 Investment Income G125 Bank interest 18.73 0.00 18.730 Income Resources from Charitable Activiti Trading Income G150 Sub5cription5- 8eneral 0.00 0.00 0.00 855.00 855. Other Income Non Primary Purpos¢ Tradkng Income G300 Other in¢ome G301 Posthge iTmmc Inot for usel 0.00 -8.40 101.60 101.60/ Internal TransfcTS In CAOO GPF rransfers in Gain5 1)n Revaluation of Fixed A5s¢ts Unrealis¢d Gains on Investment Assets G460 Unrealised gain CCLA 363.31 645.55 363.3 1 645.55 GPF Total Income 750.81 2,454.55
P8xtoD+ In¢ome Eipendlture- Detglled- J4DUiry 2025 Pxge 2 orio PriDted: 1210312025 Royal Army Ch•plAin$' Museum CHAPS (Arniy) Expenditure Investment Management Costs GS00 Bank charges 0501 Inv¢siment maDag¢ment sts 0.00 0.00 35.• 35.00 Costs of Generating Funds Ch8rit3ble Activities Trading Costs G615 Hospitality G621 Conferen¢es- ¢xt¢rnal G631 Special projects G641 Publicity G642 Website costs G651 Property upkttp G652 Museum dcsign and fi1ut G653 Business ra*s 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 139.00 45.00 216.00 125.00 6.578.12 139.00 7.054.12 Governance Costs G750 Posthge G751 Ststionery G752 Insurancc G753 Trustee5 expenses G755 Legal fees G756 Property valuation costs 2.50 12.67 2,IM4.00 0.00 0.00 0.00 0.00 2.50 2,062.07 Grants and Donations G776 Presentations 0.00 0.00 Other Costs Non Primary Trading C(ts G803 Nil value propty Inot for UKI G899 B41t Rates. Arrears 0.00 0.00 0.00 0.00 Internal Transfers (Jrt G900 GPF transf¢rs out Unreaiis¢d I$s¢S on Investments G950 Unrealis¢d loss CCLA 0.00
P*xton+ llltomt and ExpendSture- DetAlled- January 2025 Page 3 of 10 Printed: 1210312025 Royal Army ChaplaiDS' Museum CHAPS (Anny) Turnover to date GPF Tothl Expenditure 141.50 9,151.190 GPF In¢ome Over Expendiwre 609.31 ,696.64 0
P*xtoll+ Income and Expenditure- Detailed- J4DuAry 2025 Page 4 orio Printed: 1210312025 Royal Arniy Chopl8in8' Museum CHAPS (Arniy) Trading Account Analysts Trading ExpEnditure Tring Inrne Income Over Expcnditurc Non Primary Fl1r)Se Trading ADatysis Trading Expenditu Tradin8 Incomc Income Over Expendiwre 0.00
Paxton+ Income Ind Expekndlture- Detlliled - January 2025 Pige 5 of 10 Printed: 12m3n025 Royal Army ChaplaiDS' Museum CIIAPS {Arniy) Turnover tnon Restricted Funds Analysis lttcomc Voluntsry Income 0.00 ActLVLtics for Generatin8 Funds 0.00 Investment Inwme 0.00 Income R¢sourtts from Charitsble Acuviii 0.00 Other Incorning Resource5 Total Income txcluding transfers
Paiton+ Income lld ExpeDdÉture- De¢alled- Jnuiry 2025 Pagt 6 or io Printed: 1210312025 Royal Army Cbaplains, Museum CHAPS (Arniy) Expendittre Investmeni Manag¢m¢nt Costs 0.00 Costs of Gencrdting Funds 0.00 ChlIable Activities 0.00 Governance Costs 0.00 Grants and Donatiorys 0.00 Other Costs 0.00 Total Expcnditure cxcludin8 trwjsfrrs 0.00 0.00 Internal Transfers 0.00 Restricted ffijnds Income Over Expenditure 0.00 0.00
P•i¢on+ Income tsd E4dture- Detsiled- J4llury 2025 ge7oflO Printed: 1210312025 Roy41 Army Chaplains, Museum CHAPS (Army) ov Desigtwted Funds Analysis IoMe Voluntary Income t)001 Muxwn Reserve 0.00 0.00 Acrivitics for Gcncrating Fwids IXKII Mu5¢um Reserve 0.00 Investmellt Income tKIOl Museum Reserve 0.00 Inwme Resources frorn CharttableActiviti Ixbol Museum Resetvc 0.00 Other Incoming Resour$ tKIOl Museum Reserve 0.00 Total In¢ome excluding transfers 0.00
Pgxton+ lll¢om¢ and Eipendlture- Detiled- 2025 Pag¢ 8 of 10 Printed: 1210312025 Royal Arniy ChapliDs' Museum CHAPS (Arniy) Exp¢nditur¢ Investment Mana8ement Costs )01 Museum Reserve Costs of Gene]rtg Funds t1 MLLs¢um Res¢rve 0.00 Ch]b]e Aciivities IXIOI Museum Reserye 0.00 0.00 Governance Costs DOOI Museum Reserve 0.00 0.00 0.00 Grants and Donations tN)01 Museum Re5¢rve 0.00 0.00 Othcr Costs 01 Museum Res¢rvc 0.00 0.00 Total Expendiiure ¢xcludin8 trknsfers 0.00 0.00 Iniemal Transfers tX)01 Museum Rcserve 0.00 0.00 Drsi8nated futt&% Income Over Expenditur
P#xton+ tnCOm¢ •Dd Exp¢nditur¢- D¢t•iled- J8nu4ry 2025 Page 9 of 10 PrlDted: 12103n025 Roy41 Army Chaplains, Museum CHAPS (Anny) ov ear( Endown¢nt Fd$ Analysis Income Voluntary In¢om¢ Activities for Generatin8 Fund$ ItWCStm¢nt In¢om¢ Income Resources from CharitableActiviti Other InrnIng Resources Totsl Income ¢x¢luding transfers
P4x¢on+ Income Expendlture- Detiled- January 2025 gelOoflO Printed: 1210312025 Royl Army Cb*pl4ins' Museum CHAPS (Arniy) ExpendÈture Investment Manag¢m¢nt Costs 0.00 Costs of Generating FuThds 0.00 CharitableActivitie5 Governance Costs Grants and Dooaiions Other Costs Totsl Expcnditure cxcluding tran5fcr5 0.00 0.00 Internal Transfers 0.00 EndowThcnt funds Incornc Over ExpcnditsL' 0.00
Notes to the Accounts {Paras 2 to 12 are to be completed by all fund5 which have a gross income of £IOOK or over and those funds already registered with the Charity Regulator, all other funds are to eomplete Paras 6 and 7 and th¢ declarations at Pvdra 12): Princi al Accountin Policies Accountin Convention. The fllwicial statements are prepared under the historical cost convention as modified by the incIlOn of investments at market value and in accordance with applicable accounting stsndards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice 'Accounting and Reporting by Charities, {SORP) 2005 htt :l/www.charit commission. ov.uk/investi ationslso Iso 05docs.as Incomin Resources. Income is recognised in the period in which the charity is entiiled to receipt, and the amounl can be measured 1th reasonable certainty. Grants from other agencies including donations and other income from activities are in furtherance of the charity's objects and are part of the general funds of the charity. A restricted fund is only recognised where this is an eed and explicit condition of the grant or donor. Intan ible Income. Due to the close collaborative relationship and the manner in which the charity's activities compliment those of the Arniy, iniangible income. reflected in time and use of premises is not quantifiable or measurable and so is not recognised in the accounts. Resources Ex nded and Basis of Allocation of Costs. Expenditure is included when incurred or exceptionally where a commitment is made which requires an accrual when payment is to be made in the subsequent accounting period. Similarly, where prepayments are llde in recognition of commitments falling du¢ in a subsequent accounting period. the appropriate credit is entered in the accounts and reversed the following year. Grants payable a included in the SOFA when approved by the Managing Trustee. Expenditure is recogni5 in the period in which it is incurred. The majority of costs are directly attributsble to specific activities. ITrecov¢rable VAT is charged to the activity for which it was incurred. Governance Costs. Governance costs are the costs of professional advice, holding meetings or committee 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. Ca italisation and De reciation of Tan ible Fixed Assets. All assets having a purchase value of more than £500 are capitalised. The cost of tangiible fixed assets are WTitten off by equal annual instalments over their expected useful lives using the following methods of depreciation: Furniture, fIxtures and equtpment Motor vehicles Straight Line over a period of 2 - 10 years. Straight Line over a period of 2 - 10 years. Assets with a life of more than one year but with a purchase value of below £500 are included within the inventory but the cost is written off in the year it is incurred and is not depreciated over the useful lif¢ of the asset. Where the asset is depreciated over a period of mole than l O years. details of the item and period are to be provided following the notes on page 14. Fixed Asset Investments. Fixed asset investments are included at market value at the balance sheel date. Any gain or loss on revaluation is sho in the Statement of Financial Activiti¢s (SOFA).
Stocks. Purchased stocks are valued at the lower cost or nel realisable value making due allowanc¢ for any obsolete or slow-moving ilems. Funds Accountin Funds held by the charity are: (i) General selunrestricted /Desi naled Funds. These are funds that can be used in accordance with the charitable objects ai ihe discretion of the Managing Trustee. Designated funds are unrestricted funds which have b¢¢n allocated/eamiarked for a particular purpose by the Managing Trust¢¢ and are to be declared in the Managing Trustees comments in accordance with Parn 12 to these noles slating what they are intended to be used for and when. (2) Endowment Funds. Endowment fimds are those investments and other gifts accepted by the unit, th¢ capital sum or property being held in perpetuity and th¢ incom¢ only being available for charitsble use. (3) Restricted Funds. These are funds that can only be used for particular restricted purwses within the objects of the charity. Restrictions arise when SplfIed by the donor or when funds are raised for partlcular restricted purposes. Furth¢r explanation of the nature and purpose of each fund is to be included in the notes to the accounts. Herila e Assets. In the course of the unit's history. the charity may have acquired gifts. memorabili4 regalia. silverware, antiques and other historical artefacts in ihe course of distinguished military service in servicc of the Crown. The value of these pieces is in large part derived from their close association with Regimental history which precludes the use of conventional valuation techniques Ing applied. Whilst the objects of the charity do not specifically include preservation and conservation. the pieces represent an essential element of celebrating the unit's history and foster esprit-de-corps. Consequently the Managing Trustee considers the charity lo hold heritage assets both for functional use and as an element of national history on behalf of the nation. Heritage assets acquired Prior to l Apr 06 are therefore not capilalised on th¢ balance sheet but a description of those assets is disclosed as part of the notes to the accounts. Heritage assets acquired after l Apr 06 where the purchase price is known and which exceed £500.00 are included in the balance sheet al acquisition va]ue but are not depreciated. Other Costs. Other costs are those costs not incurred in the und¢rtaking of charitsble activity in furtherance of the objects of the charity, i.¢. the provision of facilities, recrcational programmes or activities in furtherance of military efficiency. They are also costs incurred in the making of grants and donations. in the costs of generaling funds. i.e. the costs incurred in trading or fundratsing undertaken by the charity, or in governance costs.
Grants Made. (if total grants are over 50/0 of the charity's total expenditure). The Charity made the following grantsldonations.. Grants to institutions Name of institutions Purpose Total number of ants iven Total amount of ants None Total ts to institutions 0.00 Grants to individuals Purpose Totsl numkr of ants Total amount of iven None 0.00 Related Part Transactions & Remuneration and Ex nses Whilst the charity has a close working relationship with the Am)y, there are no transactions with the Army which require disclosure under SORP 2005. The only transaclions made by the charity in favour of the unit are wholly attributable to the charitable activities of furtheringy military efficiency. The Managing TnLSt¢¢ is an officer or equivalent and fulfils the role as trustee in accordance with the applicable laws and regulations. No expenses have been paid to the trustee. In the event that expenses have been paid to the tnlstee these are disclosed under the Managing Trustee's comments. sisofc ital Pro Fixtures. fittings & equipment Motor vehicles Total Balance blf PuTch&ses Sales & W/Os reciation Balance clf 0.00 0.00 0.00
Totsl Value of Investments b Cate Value £ in value market value aibe innin ear Add additions to investments at COSI investments Less dis sals at c in value investments sold Addl(dedu¢l) net gainl(loss) on revaluation (gainaoss at end of accountin rio(Vaudit in value market value 6.597.27 0.00 0.00 645.55 urchased at end of ear 7,242.82 Breakdown of Market Values at Year End GPFI Unrestricted Value £ R¢stricied Endowment Total value Value £ Income durin ear Value £ Value £ Value £ Investment prO1leS Inv¢stm¢nts listed on a recognised stock ¢xchan Investments held in unit trusts or other collective investment sch¢m¢s Investments in subsidiary or conn¢cted undertakin s and com anies Securities not listed on a recognised Stock Exchan Cash held &s part of the investment ortfolio Other investments 0.00 7,242.82 0.00 7,242.8 0.00 Total 7.242.82 7.242.8 List of Debtors Debtor Date of Debt Amount Total * There ar¢ no amounts faIling due after more than one year (delete as appropriate). List of Creditors Creditor Date of Credit . Amount 0.00 Total * There are no amounts falling due after more than one year (delete as appropriate). 0.00
Paid Em This ear£ L&st ear£ Gross wa es er's National Insurance Pension Contributions Totsl sthff costs 0.00 Give the number of employ¢¢s who We engaged in each of the followin This activities: ear Last ear Costs of eneratin Charitable activitics Other funds Total 0.00 0.00 No individual employee received a salary of over £60000.00 Governance Costs This ear£ 0.00 Last ¢ar£ Audit or inde ndent examination fee io. ReStrIcteEnd0wrynent Funds Give details of the movements of th¢ individual funds summarised in the restticted and endowment column of the Ststements of Financial Activities (SOFA). Fund Name Futhd Bal B In¢oming Resources for 0ui8oifbg Resources for Tr8nsfers Gains 8nd Fur Bal CIF
A brief explanation &s to the nature and purFN)se of the charity's Restricted Funds is to be provi(kd. Name of Restricted Fund se of fund Heriia e Assets. Heritage &ssets that are owned by the charity but purchasedlacquired prior to l Apr 06 are not included in the charity's capital property value (see note l.j). A lisLldescription of thes¢ assets is below: Furniture. paintings, Pictures, silver. tniscellaneous items, and other heritage artefacts, as per ro 12. Declarations All of th¢ charity's conunitments are provided for in the accounts. No 8u8rantees have been given to third parties. The charity has not Te1Ved any loans that are outstanding at the y¢ar¥end and secured on &ssets. The clwity has not granted any loans lo institutions or companies connected with the charity. AThe charity did not make any ex-gratia payments during the year. Sufftcient resources are held in an appropriate forn] to enable each fund to be applied in accordance with the restrictions imp)sed. The financial activities, assets and liabilities of all the charity's branches or sections have been in¢luded. The trustees have not changed the year end date or the length of the charity's financial year. {if there are designated funds the reason for desiwtion and when each designated fund is intended to be used by is to be stated in the Managing TnLStee report). All the charity's operations are continuing operdtions and there were no operations discontinued or acquired during the year. No funds (unresiricted. designate(L restricted or endowment) are in deficit at the balance sheet date. The clwity has no intangible assets.
There wer¢ no inter-flmd loans outstanding at the balance sheet date. None of the charity's functional fixed assets have been re-valued during the year and the charity does not have a policy of revaluation of these assets. The charity h&8 no subsidiary companies. The charity h&8 no material fixed assets which have not been capita]ised and included in the balance sheet. No internal transfers have occurred out of restrictedlendowment fvnds. In the event that a transfer has taken place, full details of the reason for the transfer are disclosed in the Managing Trnslee's comments. All investments held are investment assets in the UK unless otherwise stated. Note: Where any of the declarations are not correct they are to be crossed out and details provided tn the Managing Trustees comments. 1ditional comments: Signatu Revd Amy Walters Name Date: 12 IbL¥t£ Account Holder
Managing Trustee's Annual Report and Comments: Unit: CHAPS(A) Address: Zone 2Z, Second Floor, Blenheim Building, MarlE()rough Lines, Andover SPI18HT Charity name and Charity CommissionlRegulator registered number. RACHD Museum CIO . 1189072 Description of the charity's trusts This should include: Details, including date if known of the clwity's governing document (e.g. trust deed, will, constitution etc). and A brief explanation of the charity's objects. Where applicable, you may choose to give details of any specific investment powers of the charity. Governing Document (e.8. Trust Deed, Constitution Constitution of the Royal Arniy Chaplains Department CIO registered on 15 April 2020 Objects of the Charity To uphold the traditions of the Royal Arniy Chaplains, Department and to tuate its deeds. Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended. Tnlee selection method Trnstees are sel¢ci¢d as per the governing document. Trustee induction and training Tnlstees are issued with an induction pack containing a copy of the Trust deed. copies of recent accounts and minules of meetings. They also receive a ¢opy of Charity Commission publicalion 'The Essential Trustee,. Summary of main activities in relation to the Charity's objects The Museum receives visitors from outside of the MOD. including family history researchers and special ini¢rest groups. The Museum advertis¢s its presence through national. regional and local printed and online guides to museums and places of interest. This year has seen a steady flow of enquiries from members of the public. There has been a steady number of visitors to the Museum since it has established a new premises at Shrivenham. SUMM ofmain achievements of the Charity during the year The Mus¢um has now been open in its new location for 21/2 years with footfall up significanily on its previous location in Hampshire. The Museum is now receiving visits from a wider audience than before. with visits from International students from the Defence Academy, local churches, cub scouts, specialist military interest groups, Nalional church l¢adcrs and local tK)lilicians. Visitor feedback is obtsined through 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 academic researchers. The Museum continues to receive 'fts of historical material and io
is particularly on the look out for items from contemporary confiicts that relate to the story of Faith in the Forces. A regular electronic newsletter is now being produced for the Friends of the Museum. The Museum is open every week day afternoon and at other times by arrangement. Admission is free. Visitors to the Museum are generous in their ivin of cash donations via the donations box. Provide a brief review of the financial wsition of the charity. This should include the principal types of income. Financial Review Principal incom¢ for the Museum is derived from subscriptions, donations and from its investment funds. Further funds are raised from research fees. Regular sources of grants and donations ar¢ being discussed and sought through the efforts of the Museum working group. This year, the Museum received a business rales nolice for the current year and rates arrears notices for th¢ previous two y¢ars' this is a significant drain on funds. An review h&s indicated that we can expect to receive a refund of rates. At the time of writin this is awaitin the decision of the local authorit -be Managing Trustee should give in their rert a description of the following policies: For the selection of investments for the Charity. For detern]inin&y the level of income reserves held. stating and explaining the level of reserves held. Ivhere grants are made by the charity, the selection of individuals and institutions who are to receive grants out of the assets of the charity. Financial r¢serves A sum of £10,000 is held in reserve to cover any eventuality. Investments selection policy and perfornlance of those investments. The invesknent currently in place is medium risk and entrLLSted with an ethical company. The war in Ukraine. Israel and the Middle-Easi have all had an adverse effect on investment perfomiance in many sectors. However there has been a 9.70/0 increase on the CCLA inveslment fund which is a very positiv¢ rforniance. Provide the name of all truste¢the Managing Trusfre(s) during the report year. Managing Trustee's nameltrustees, names EY 0jr10 lrnstees: The Chaplain General - Revd Canon Michael David Parker KHC (Managing Trustee). The Deputy Chaplain General- Revd David Batrett KHC illl 5 Jan 25,. Revd ikntony Feltham-whitr OBE KHC from 6 Jan 25. Eleeled trustees: Ven Alan Paul Jeans MBE. R¢vd Canon Andr¢w James . Totten; Revd Andrew Barry Harding. Canon Prof Michael Francis Snape" Revd Ste hen Trott. Revd Geor e Ivan Linton om 19Nov24. Serious Incidertts None
Public B¢n¢fit Statement This fund provides publi¢ benefit by assisting servtce personnel to more effectively perfonn their roles within the Anned Forces of the Crown. It does this by providing and supporting facilities and social activities. The fund promotes the efficiency of the Arni¢d Forces of the Clown by enhancing the British Arniy's capability to undertake the roles demandd of it including the defence of the United Kingdom and its inter¢sts. (I confirni that I have paid due regard lo the Charity Commission of England and Wales's guidanc¢ on public benefit when deciding what activities the charity should undertake.) Additional comments {include any declarations which were not correct (Pg 819)): Desi ai¢d funds. The sum of £1 O,O(M) held in reserve (see Financial reserves policy) is record¢d as designated funds on the balance sh¢¢t. Signature Name Revd Michael Parker Appointmenl Cha lain General 12
Internal Audlt Brd Report RAChD CIO A¢¢ounts Year End¢d31 January2025 pitpared aTrJ obtsin(xl ajl the inforn)ation an&explanations thal were nKessary for the Purpose ofmy internal audiL I certify end of peziod theeks have been ndd in aeeordaJKe with sViCe Subject to my ¢)bsrntion below I am satisfiol that txoFr books of account have been kept a1 that thè final accounts give a fair view of thc rcsults of lyansactiolls over the pcriod aThl ofthe state of & I•uThl's alTaiT¥ a3 at the datc of the b3lanc¢ sbeeL l am satisfRd that cash bank balaiw and Scks on hand have Ixen wopcrly I lThr sigoed original books of aCuni aThl the origiDal rc¢ords I ha chth. Ail voucheTS relating to this accouni periixj have bcen cancelled. I bav¢ the followiD8 obxrvation whilst willg out th inienwl alIL Name Da* Zi &if
CHAPS- RACHD MUSEUM CIO FUND S02 SPS - Independent Examlnerfs Report on the Accounts, and Comments Direction 1: Chock whethor the charlty is eligible to have an independent eX4mination. I've used the guidance summary at Annex C to Chapter 21 of ACSO 335410 ensure indèpendent examination by the ComdlS02 SPS is aulhorised. Dlrectlon 2: Chock for any conflict of Interest that prevents the examlner from carrying out their independent examination. I declare that I have not acted as IA or had any other involvement in the day lo day running of a service fund {e.g., in a previous assignment) within the last three years. Dlrection 3: Record your independent examination. A record of associaled documents used for this audit is being stored along with the report and accounts. Direction 4: Plan your independent examination. As the examiner l obtained the relevant constitution, objectives, organisational structure. the funds managed, ils activities and accounting records and systems prior lo conducting my examination. Dlrectlon 5: Check that accounting records are kept to the to the required standard. As the examiner I satisfied myself that all relevant PAXTON+lAB 397 accounting records and subsidiary books are maintained and up lo dale, including an examination of transactions carried within the fund during the fund's last G1 audit. I have checked that the 6-monthly FMruStee internal financial controls checklist (British Amiy) was completed (see Annex B to Chapter 2 of these regulations). Dlrection 6: Chock that the accounts are Gonsistgnt wlth the accounting record. As the IE l examined the final accounts to ascertain if they revealed any unusual items. unexpected fluctuations or inconsistencies. Direction 7: Check that tho Charity Is operated in line with tho accrual's basis of accountlng. The accounts are prepared on an accrual's basis, and the relevant checks have been made to confim thal the charity accounting complies wilh the accrual's method of accounting. Wherever deviation may exist, 9uidance was provided to the MT and are recorded within this report. Dlrecllon 8. Check tho roasonableness of tho significant estimatos and judgments and accounting policies used in accounting for the typos of funds held and in the preparation of the a¢¢ounts. I have checked: The general accounting policies of the service fund have been agreed with the Charity Commission and are listed in the AF N1514. Any significant income expeclalions listed in the Managing Trustee's Financial ' Reviews in previous accounting periods are noted and their continued reipt considered against future planned expenditure where appropriate. I checked that separate funds of the charity have been corre¢tly accounted for and reported correclly in the accounts. I checked to ensure that no material breach of Irust has taken place in the use of charitable funds in the reporting period e.g.. use of monies in a re5triGted fund for a purpose outside of the restriction.
Directlon 9. The examiner must check whether the trustoos have con81d8rod the financial circumstances of the charity at the end of Ihe roporting period and. if the accounts are prepared on an accrual's basis, check whether tho trustees have assessed the charity's position as a going concern when approvlng the accounts. The IE should consider rf the s8Nice fund remains viable for futur8 accounting periods. Consider the worth of the service fund over the periods of previous AF N1514s - Consider if the worth of the fund reduced over an extended period. I've considered the worth of the service fund over the periods of previous AF N1514s and assessed if the worth of the fund reducing over an extended period. Debtors and Creditors have been examined and guidance provided to FM where necessary. 10. Dlrèctlon 10. Chock tho forni and contont of tho account. I have.. The service fund acwunts and AF N1514 complies with SORP and the minimurn accounting standard required (SOFA, balance Sheet and completed notes to the accounts). Checked for the Gorrecl completion of the AF N1514. 11. Direction 11. Dlrectlon 11 directs independent examiners to identify itoms from lh• analytical review of tho accounts that need to be followed up for furthor explanation or evidenco. Any follow up aclion or request for further explanation can be found al paragraph 13 below. 12. Dlrectlon 12.1 have comparod the trustees, annual report with th• Accounts. Comments 13. The IA comments are noted. I have the following comments. some of which requires action: No comments. Date: Io DLT IS Independent Examiner's Signature Naffle". Maj S Kamble AGC(SPS) Appointment.. S02 SPS HQ SE