## **Inns of Court and City Yeomanry Trust** 

**Trustees Annual Report** _**for the year to 30 September 2023**_ 

**Address:** 10 Stone Buildings, Lincolns Inn, London WC2A 3TH 

## **Charity Commission number:** 1190829 

**Trustees:** Lt Col. V Sheriff,  B Corfield, Lt Col. E Marshall, Lt Col. S McMenemy, Col. N R Pullman, P H Reeve, A Tear 

**Structure and management:** CIO with formal bi-annual trustees meetings and further ad hoc meetings as and when required. 

**Activities and objectives:** 1. The promotion of the efficiency of the Armed Forces of the Crown, with specific emphasis on the Inns of Court and City Yeomanry; 2. The relief of those in need, with specific emphasis on those who have or have had a connection with the Inns of Court and City Yeomanry; and 3. The advancement of the education of the public in relation to the Armed Forces of the Crown. 

**Achievements and performance over the year:** Income mainly consisted of dividend income, with donations, including a legacy from the late former Commanding Officer, Major A Benbow. Expenditure was principally on benefactions for current and former soldiers and their associates, the furtherance of the Regimental community including commemoration of the fallen and purchases for the Regimental Museum 



## **Income and Expenditure and statement of Financial Resources** 

_For the year to 30 September 2023_ 

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## **Inns of Court and City Yeomanry Trust** 

## **Trustees Annual Report and Accounts** 

_For the year to 30 September 2023_ 

|**1. Income and Expenditure**<br>**Income**<br>Donations<br>Investment income<br>Total<br>**Expenditure**<br>Grants<br>Other<br>Total<br>Realised and unrealised gains / (losses)<br>on investment portfolio<br>**Net result for the year**<br>**2. Financial Resources**<br>**Investment portfolio**<br>**Cash at bank**<br>**Total Financial Resources**|2022<br>£648<br>£19,022<br>£19,670<br>-£6,212<br>-£1,099<br>-£7,311<br>-£80,869<br>**-£68,510**<br>£606,182<br>£50,906<br>**£657,088**|2023<br>£1,470<br>£22,667<br>£24,137<br>-£8,662<br>-£4,591<br>-£13,253<br>£9,803<br>**£20,687**<br>£615,985<br>£61,652<br>**£677,637**|
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Approved by the Trustees - 5 October 2023