Quick Note8 Page I

SBrvieo Non Publlc Funds Flnal Account8,
Man•glng Trusteo'g Report, Internal Audjt
Boardl Report and Independent Examlner'8 Report ISORP 2005 complianii
R•gingnlal kcounlant Scheme
Army Form N7514
(Rev 111091
Unil: 14th Signal Regimenl (Electronic Warfare)
Address:
Ca4wJof Barracks, Biawdy. Pembrokèshire. SA62 6NN
In Rgspeel ol Iha
PRI
Fund/Charity
Charty CommissionlRogulator registered number
For the period IroN 1 April 2020
lo
31 March 2021
Managlng Tru8tsal•) durlng tho wrlod:
From
01-
r-2020
to
314Aar-2021
Nam
LtColCFo
nal•
Fund MaTr•pr(•) durlng the wrtod:
From
01-
r-2020
1&Au -2020
Nam•
E D••halr98-M•rtln
From
2￿A￿
31-Mar-2021
M Slat•r R Sl n•1•
Inl•rnal Audltor(•) durfng t￿ p•rlod:
From
01-
r-2020
to
31-MaTr2021
N•m•
G J D•¥l•• AGC
SP8
AA#oclat• Audltorl•) durlnq th• p•rlod:
Asscciale Auditor
Ass¢xiale Auditor
R•gSm•ntal Ac¢ount4nrf•) dullng th• pgrlod:
From
From
From
From
From
From
01-
r-2020
O&Moy-2020
27-Ma -2020
02-Nov-2020
2fyJan-2021
to
to
to
to
to
05-Ma -2020
28-Ma
.2020
01-Nov-2020
1Wan-2021
3144lar-2021
Nam
Namo
Nam8
Name
N•m•
M Croft AGC
sps
t G W•ltor8 AGC
sps
M Croft AGC
sps)
G W•lter8 AGC
sps
L Rlchardson AGC
sps
Quick Note8 Page 2

Quick Note8 Page 3

Statement ot Finxncigl Aelivities as *13110312021
P*Atom+
PA%elofl
Pri•tsd: 2010512021
PRI
Re
ment
EW
UnresTTICEed
Dcsi¥naiedJGPF
Fund5
¢siricILd
Furtds
Endowmeni
Funds
IoEal Fund5
PILVIOUS Period
Total Fund5
ncomin8 Re$Ots￿e￿
olunrarn, Income
ciiviiies for Generdiing Futtds
Dvesmleni Income
ncome Rewurces from
h4rithbl¢ Ariiviti¢s
her IncL)mill
Resou￿¢S
141 lTreomln
Resourtts
cwurrvJ EApcTrdtd Cost of
¢ner41inR frundi
ve&trnrBI Man88¢mcni C051S
051s of Generdling Funds
hariiabk Atliviiies
overnance Costs
'rnnts and tkJnaiion5
her Costs
Tri#1 Re50urceJ F.%
IB.1.64
0.00
0.00
0.00
0.00
0.00
0.00
185.64
0.00
822.00
847 9?
o.ov
156.16
14,950.60
12.40
14.80
49.712.48
961.81
0.00
64.663.08
984.28
61989.16
52.812.71
Is
IS6 752.74
0.00
0.00
4.202.20
0.00
0.00
0.00
20.313.$4
0.00
150.00
9,560.45
JO 023.99
0.00
0.00
24.515.74
0.00
o.oo
0.00
0.00
0.00
0.00
0.00
54.55?.07
0.00
0.00
105,741.34
4.446.53
14.006.98
39 024.72
nded
el0￿rCel Before Tr*nsftr¥
r•nsfers
OJ14.07
2O.650.37
26,961.44
-3.140.6Y
'TOSS Irtsnsfevs btiwten fijnds
iniernal Irdn.%f¢rsl
el IncominR rtwur¢t5 btfo
41th5 Iu55t
oidlnR C•*lmYlLo￿¢s
#ins un rcTrJalu#iion ufthe
h#rity's fixed a95eis
nrcJlised Gain￿LoSSeS on
nve%irn¢nt a55¢15
O.DO
243.21
6Jl4.07
20,611).37
16.964.44
-3,297.46
0.00
0.00
0.00
14.07
0.00
20 610.37
0.00
0.00
26.964.44
.J,297.46
c¢onclll4tlon of Funds
ol•1 brouffthl forw•rd
prtvioui yt*r
otal r4rrl¢d for¥vArd
38.219.92
2J,152.51
OIA72.4J
44 53J.99
4J 902.88
88,4J6.87
Quick Note8 Page 4

Quick Note8 Page 5

P#xlOII+
B4l#nte Sh¢¢i- M*rch 2021
Pag¢ l of3
Prinied: 2010$12021
PRI
14 SignAI Relirneni IEWI
March 2021
ar
ixed Assets
6.100.31 CAPIIAL PROPCRrY
0.00 Al)V I'll(i LAPITAL PRI)PFRTV
16243.31
6,100.31 lot41 Fix¢d Assrf5
16.243.31
CutTeni As8ets
42.138.17 CF.N I'KAL EIANK ALLOUNT
0.00 CASH INOT IJSEDI
,849.41 DEB TORS
4.384.fj4 STIKK ON IIAND- SHOP
55,372.12 Toial Curr¢ni A55¢1$
65.502.33
0.00
1,280.75
5.410.48
72.1¥3.56
61.472.43 1(rtal A&5¢15
88.436.87
0.00 CRF.DITORS
0.00 NOT IISF.D
0.00 C'VAT INO"I" I ISF.I)I
0.00 PVAT (NOT USCDI
0.00
0.00
0.00
o.oo
0.00 Toial Liabiliiies
0.00
61.472.43 '1oial Asse15 Minus l.iabiliiies
88.436.87
To¢al Funds
23.252.5 l Totsl Restrirl¢d Fund5
0.00 'rothl Lndowmcni Funds
0.00 Toial Desisnaied Funds
38,119.92 A¢cumulai¢d'frading & (iPF
43.902.88
44.533.99
61.472.43 Total Fund8
88.436.87
Quick Note8 Page 6

Quick Note8 Page 7

Paxton+
B*14nte Sheet- MJ)r¢h 2021
PAg¢ 2 tsf3
Printed: 2010512021
PKI
14 Si%oal Re%iment IF.WI
Funds Analysis
Designaied
Resrricitd Fllnds
393.26 AGC DET FUNt)s
3,000.00 RF.GT OPF.N DAY
0.00 RF.(rf FAMILIL5 DAY
0.00 REfjIMF.NTAL MINIFSUS FUND
111.15 223 SICISQN IF.Wl kllNDS
835.00 226 SICJ %QN (E￿.) FUNI)S
552.78 2.17 %1(• IFWI FIINI
747.77 245 SIC¥ SQN IF.WI FIJNDS
1.960.60 SUPPUkl SQUADRI)N tr'IINDS
163.&7 1.ICiklT AID DF."fAC'HMENT FLfNDS
690.78 YOU 111 LI.IIE4 FIJND
2.7fj1.412 14 SR C.nMMIINITY WF.I.FARE FUND
322.00 INT CORPS FUND
41.36 RIItiB Y FUNI)
74.76 ST FLIGIUS GO.kAR'fiN(i CLUB
369.16 liym IMPRQVF'.MF.NTS FIIND
1.2.$0.1.I %GT KfF.N OPtr'.RATIONAL fuND
150.00 14 SIG Rb.(iT C()NSF.RVAI'ION FIJNr)
954.92 C'LAY PIGF.ON fuND
0.00 I.'X MF.RLLIRY CJl.AL IF.R INI)RDICI
2.200.00 fr.X DRACIQN cr..RIA CIT(I fRAII. 20
9.63 F.X MLttCURY %NUWRID&K 20
0.00 Tr.X DRAGON'S P151'E 20
0.00 LANYARD TROPI IY
0.00 EX MERCURY GI.ACIER IALPINF.)
0.00 EX TALISMAN SABRE
0.00 fr.X DRACJON PF.NJAC
6,666.20 EX DRAGON LYNGEN 80
769.43
3.IX)O.00
0.00
283.48
1.418.53
1.4?7.56
16678
Z,288.63
2.488.30
1.096.33
25.711.OX
1.943.88
322.00
153.36
54.96
463.00
0.00
954.92
0.00
0.00
0.00
0.00
23.2S2.31
43.902,88
Endowmenl Fund5
0.00
TTgdin¥ and CJener81 PuFP95¢ Funds
436.49 TTadirt¥ 5urplu5
0.00 Non PTim3ry Purpose iradin8 surplus
4.175.74 General Purp05¢ Fund surplus
.257.02
QL5 .(A)
g4f*O . If
5.057.05
4.612.23 Tradin8 & CIPF suo)lus
32.759.77 Balanc¢ at 1&51 b8lance sheei
6.314.O7
38.219.92
37.372.00 AicvMulaied"Iradtn￿& GPF
44.533.99
Quick Note8 Page 8

Quick Note8 Page 9

Paxlon+
Bxignet Sb¢ei- Mgr¢b 2021
P4geJof3
Printed: 2010512021
PRI
14 Si%nAI Regimenl IEWI
Elld i)t I
L.
£&ll. 43
88.4J6.87
Si8niEurc of AIC Hold¢r(Fund Mana8er
Dale
Si&naiur¢ of Managin
Trnsi¢¢
Daie-.-.
Quick Notes Page 10

Quick Notes Page I I

PaxtOD+
Ineome & Expendliyre- Marcb 2021
P*g¢ I vf
Prinied: 20m412021
PRI
14 Signal Regimeni IEWI
Ma￿h 2021
nih
COST OF (IQODS S(ILD
OPENING I"RADINti STOCK5
TRADING sT(￿K PIIRCHAgF.S,.'RT
53.667.02
4.133.70
0.00
IA)
0.00
57.900.72
VaSu¢ of g£M>ds disposed IE ¢QSI
I"RADING WRifE QFFS
MESSGULSTS
DISPOSALS AI QQST
Value oft105in¥ stock ai ¢osl
0.00
0.00
000
0.00
426.88
0.00
0.00
54,692.96
IBI
53.11984
COST OF G(X)DS SOLD IA. HI- ICI
0.00
2.78n.88
JNCDME FROM SALES
109,00
4.034.10
INCnMF. FROM SALES
IDI
109.00
4,054.10
SURPLUS
Income frum s?1¢5 I loial from DI
D¢durl ¢051 of ￿0d9 sold {lolal fvorn Ci
SURPLIIS
109.00
1.273.22
Gr05s profil is the￿fore.,
IOOVa
45.78
x 100
TRADING EXPENSES
0.00
16.20
NET SURPLUS {FI
109.00
.257 02
Tothl Per¢entage ig therefore..
loo•/
45.20 Vo
Quick Notes Page 12

Quick Notes Page 13

PERCENTAGE PROFrr CALCULATOR
Intemal use onl
not re
ired
the chari
re
ulator
FGO
OS SOLD
Opening Trading Stock
4384.54
Tradlng Sio¢k Purcha$epJRèlums
4233.70
8618.24
Value ot Goods Sold al Cost
Trading Costs Items
Me&8 Gu8Sts
Disposals al Cost
Valuè of closing stoGk at cost price
426.88
0.00
0.00
5410.48
5837.36
L)ST OF GOODS SOLD (A mlnus Bl
2780.88
ROM SALES
Sales
4054.10
Income from Sales
4054.10
RPLUS
Income from Sales IDI
Deducl cost of good8 soldlc)
4054.10
2780.8
sU￿lUs
1273.22
ross Profit
45.78 ./•
Tradlng Expenses
16.20
Net Surplus
1257.02
Total Percentage FS therefore..
45.20 °/0
22
Quick Notes Page 14

Tradlng Account detalls:
Tille ol Trading
Account
P8rc8nlage Profit
Current
Previous
Trading Account 1
23
Quick Notes Page 15

Quick Notes Page 16

Quick Notes Page 17

Note8 to the a¢e¢>unts IParaJ 2 to 12 ar• to b• com￿¢t*d by all lund* whlch h•v• a 9ro$• Income of
£100K or ovèr and thoso fund$ alreody reglstered wlth th• Charlty R•gul•tor, all oth•r fvnd$ •rg to
comp5•t• Pamo S and 7 4nd th• d￿1*￿11￿ at Para 121:
Piin
untin Conv8ntK*Th. The linaneihl statemenls are prèpared under thè historic&1 cost
convontion as modrfied by Ihe inclusion ol investments al market valug and in accor(lanc8 with
appi¢ablg 8¢counling standards. In preparing Ihe financial stalem•nts th• charity lolh)ws best
practieè as $91 out In Ihe Slatamenl of Recommandad Praclico 'AecountSng and reporting by
Charities. ISORPI 21)05 (h
min
Incorne is recognised in the perlod in tha charity Is ant111gd to
rec8Wt, and thè amount can be me8sur8d with reasonablg certainty. Grants from other agencies
including dgn&lh?ns and other Income Irom aclivitK9s are in lurth•rancè of th• charws objocis and
ara part ol the gen?ral funds of th8 charty. A reslrkted fund Is only ro¢ogni$8d whor• thi8 1$
Agreed and explicll condttlon of tha grant Of donor.
lDILok￿. Due to the c1088 collabor8tlvg roLqtSonshSp and thè m8nnor In which the
charitys actfvitses complSm•nt thosè of th• Amiy, intan9lble Incorne, relk9cled In tlme and tsso of
prern198816 quant[l￿bla or m•8surabla and $0 b not recognised in the accountg.
t . Exp•ndltuTg Is In¢fude(I when
Incurred or exceptbnally whorè a ¢9Mm￿rnent is made whth requlrgs an accrual wh•n paymant 1$ to
be made in th8 subsèquènt aceountlng poriod. Sirnilady, wher8 prepaymont8 ar8 mad• In rècognrtlon
ol cornmttrnonls lalllng duè In a subsèquènt accounllng perlod. the approprfat8 er•dlt Is antar￿ in th•
accounts and r8v•rsed thè lollowlng yoar. Grants payabL9 are included in tho SOFA whèn apprtsvèd
by th& Managlng TN8108. Exp8ndttur8 1$ rowgnlsed in the perfod ITr whkh h Is Sncurrod. Tha
matorty of c0616 are dlrectty attrfbuiablè to spg¢Kt 8¢tlv4ti•8. IwTe¢ov8rable VAT18 charged lo th•
annu81 report and accounls.
. Governancg costs arg tho costs ol prol•sslonal holdSng Irwtoe
mgellng8 or comrnlttee rneelings &s8oci&t•d with dètisbn rnaklng, any lee lor audtt or Inde￿ndant
8xarnlnation and any leo Incurr8d In the pr8￿rat1¢sn, slatutory lillng, Pflnllng or cotyng ol tho
annual rowrt and account8.
All as8ets havlng a purchas• valu•
ol rnore than £500 ara eapitals¥ed. The cost ol tangible Ilxed ass$ts ar8 wrrt¢gn gff by equal annual
ingt8lm•nls ovar thèir ¥xpe¢led useful liv86 Using tha lolh)wing m*th¢4J$ of dgpreclalknn..
Furnilure, fixture3 and equlprn8nt
Molor vghlcl08
Straight Llng over 8 of 2. 10 wrs.
Strwght Llne ovor a perlcNJ of 2. 10 ￿81$.
Assets a lil• ol mor8 than gng year but vlth a purchase valug of b•low £5￿ arè included within
the Inventory but th• cosi is writtèn gff in the year rt Is IrKurred and is not d8pr•ciatod ovèr th8 usetul
Iwe ol the ￿81. Wher8 ihe asset i8 depreckqted over a perlod of more than 10 yèars. details of th?
em and p8rlod ar8 to b8 provKl•d lollowlng the notes on page 73.
tm
Fixed asg8t Inv•strneTrts aro Ineludad At market valuè at the balanc•
Shèèt date. Any galn or k)ss on rgvaluation is shown In Ihè Statern8nt of FinaThc￿l AotMtlos ISOFAI
on paga 2.
Quick Notes Page 18

St
Ls. Purcha¥ed slocks ai6 vJued at Iha k)w8r c08t or net realisablg valu• making duo
allowanc6 for any obsdete or 51ow-moving it8mS.
untin
Funth h•kl tythè eharity are..
enèral Pu
e/UnrestnctedlOe81
nal
These are lunds that can be used in
accordane8 Wlth Ihe chantable oblecls ai the ¢Jiserètion ol tho Managlng Trust88. DèsignBl8d
funds arè unre81r￿Ied lunds wh￿h have been allOcat￿•arm8rked lor a particular purKY)se ty
tho Managing Trust90 and are to be declared in tha Mana9Sno Truslea's comm•nls in
acco￿ne5 vAth Para 12 to the8e note3 slatSng what they are Intended lo b8 US8d lor and
when.
121 LIO￿LL￿. Endowment fund6 ar• thos8 Inv•slm8Trts an(J other gllls 8cc•pl8d
by the unil. Iho capsial sum or property tyoin9 in peTp8luity and the incorn8 only being
avaitable lor chari1oty10 us•.
131 Be&L&l￿. Th860 aro funds thal can onty bè usod lor partleular r•sidelad
purposes wlthln thè objg¢t$ ol th¢ ¢h8rity. Re8trictiOn6 arlse when apecrfled by lh& donor or
whan funds arè rai5£d lor particular restricted purposes. Further expLgnatbn ol the naluro and
purposa of aa¢h fund 18 1¢ bo In¢ludod In the notes lo the account8.
yo01￿￿1 . In th• cour8• of th• unif5 hi$tory, the charily may have acquired gifts,
momorabllla, rogalia. SI￿•[￿are, antlques and olher h161orfcal artelacts In tho course ol digtlngulshad
mllrtary s•Nkè In sèNeè ol th8 Crown. The value ol these p￿¢6$ ￿ In large part d8rfved from Ihelr
cb80 a$sc￿+&th)n wtth R•girn•ntal h￿lory whth preclud￿ the use of conv?nUonal valuatbn
technlques b8lng applied. Whllst tho obl•ets ol tha chartty do nol 3pe¢lfic8lly Include pr8Berv&ibn
and conservatbn. the pieces represgnt an •sg8ntKql *18mént ol ¢&￿bratIn9 thè untt'$ history and foBter
esprrt4¥<O￿s. ConBequently the Managing Truslè8 con8ld•r8 th8 chartyio hold har11a￿ 08Wty
bolh tor fun¢tbnal use and aB an e18rn8nt ol ￿l￿n81 hlslory on b•haN ol th• natK)n. Horn8ga AgS•ts
acqulrgd prbr lo l Apr 06 are therefore not capilalis8d on lh• baLanc8 shèet but a daaeripiion of thos•
85Sgts 1$ dlscbjsgd a8 part ol Ihe noteB to Ihe accounts. H•rlt8ga as8•18 acqulr8d aftar 1 Apr 06 whèro
tho purchas$ prkè Is known And whl¢h exceed £Sc￿.￿ are included In th• ld&n￿ sheot ot
acquisition valuè but ar• not dèpr•ek41¢d.
QLLkn. Other costs are thosg Costs not Incuffed In th8 undèrtaklng ol ChAn￿￿O activty
in furtherance ol the objects ol th8 Cha￿ty. i.•. pro￿510n of facilitie6, recroalional programrnos or
actMtk8s In lurtheranca of mllftary èffkbon¢y. They ale a160 costs InGurrod Sn lh8 rnaklThg ol gran18
und donations, In th• co$ts tyf Vènèrating funds, l.e. tho costs Incurrnd In tradlfig or lundrai$ln9
undèrtok•n by th8 ¢hadty. or in wvernance cosls.
Quick Notes Page 19

2. Grants Madè. lil total grants a￿ ovèr 5% gf the charitys total expenditure).
Th8 charity made the lollowing grantsldonatKJns'.
Grants to ￿l$trtut￿ns
amg of Institut￿n8
Purwjse
Total nurnber
ol rants
iven
Total amounl
rAnt8 paSd
150.fM)
Ramsay Island, FISPB
CIo8ui8 ol Conserygtion Rtsiricleil Fund
150.CKJ
-?Tht$ to ind￿￿u￿5
Purpo
Total number
ol
rant8
Total amouTht
of
rants
ald
352.
N¢n
Presenlatbn ol A
Imenlal
ues and
uadron colns to vlsilors
352.iJ)
Whll51 thg eharty h•8 9 elg59 worklng relatbnjhlp wlth Iha Army, thèr• ar• no transaetbns wlth th• Army
whkh requlre di8¢b$ur¥ undor SORP 2W5. Tho onty tr8fisa¢ti¢n$ mgdo tyy ¢harty in favour of tho unlt
wholty 8llrfbulablg io the ¢hprltablg actlvtties ol turlhgrlng mllttary olfici¥n¢y. Th¢ Managlng TNBtee l¥
an oflKer or equlvalent and lulllls Ihe role as Ifustee In accordance wth the applicable laws and reguLqtion6.
o expenses have b8en paid to the Injslea. In the evenl that exp8nses have been paid to the Irustee thes
ara dlsclosad under Ihe Managlng Trustoe's cornrnents.
Fixtures
fittlngs &
8quipment
Molor
Total
V$h￿leS
Balartc8 blf
Purchasès
Sales. W/Os. Adlu$trnents
Depreeiation
B818nce clf
6.1￿.31
13,091.05
6,100.31
13,091.05
2.948.05
16.243.31
2,948.05
16,243.31
Quick Notes Page 20

Intentronalty blank
10
Quick Notes Page 21

luè
f Inv
stm
nt
Valua £
Car
ng value Imarkot value at be
inning of
Add additions lo invèstmènts at cost linvestments purchas9dl
Less dis
sals al carryin
value linvestmenis soldl
Addl(dedu￿i net gainlllossl gn revaluatKJn Igainlloss at end of
aceounlin
Peri￿aUdi1)
Car
ng valua Imarkol valual 818nd ol year
GPFI
Unrestricted
Valu• £
Aeslricted
Endowrngnt
Tot81
valu•
Value £
Incom•
durln
Value £
ar
Value e
Value £
Inv•stmenl propertres
Invasirnenls list•d on a recognlBed
stock ex¢han
Inv6Strnonts hold In untt Iru8ls or other
colleclive investm•nl sch8m•s
Ivèstrnonts in subsldlary or connected
ndartakln
and com
nlès
secur￿￿9 not Ilsled on a r8cognls8d
stock ex¢h&n
Cash held as part ol the Inveslm•nl
portlolio
Other Inve8lmont8
0.00
0.00
To￿1
D•bior
W?Marg Grant A(fvgfi¢e
Date ol 08bt
24-Mar.21
Amount
1,280.75
Total
. Th8fO ar8 no amounts t￿lIng du& Aftor more Ihan one year Ide181e as approprt&t*l.
1.290.75
Credilor
Dale ol Crgdil
Amount
NIL
Total
' There arg no amounls lalllng dtse aftèr rnora than one year Idelete as appropdat&l.
Quick Notes Page 22

This
gar£
Last y88r £
Gross w
es pakl
Emplo
s National Insurance pahy
Pension Contributions pald
Total 8taff costs
GNe Ihe numbèr ol $mpk)yeeB who wero ongagod In oach ol Iha lollowing activltyas..
This
Ar£
L8St yèar £
Costs ol
neratin
Charitabl¢ actfvities
Other
lunds
Total
No indl¥Adual ampbyaè a $algry tsf ¢vgr £60.CKKJ.QJ
ThL8
La$t
ar£
Audtt or Inde
nrjent e¥arninatKin lee
10.
Glva d81ail6 ol th• M￿M•￿￿ ol tha lndfvldU￿ funds sumrnartjed In the resldcled and ondowment column
ol th8 Slatem•nt8 01 Flnanclgl A¢t1vlll￿ ISOFAI.
Fund Nam•
Fund Bal BIF
Incornlng
R•$ourc•8
lor
od
Outgolng
A•soLsreès
lor
Transl•
Galns and
Fund Bal CIF
AGC 091 Funds
393.26
961.97
5BS.80
769.43
Regt Op8n Day
3.000.00
3,OtsJ.00
Famillès Day
Rogim$nial MlnSbu$
803.47
519.99
263.48
223 Sqn
118.15
4.972.SO
3,832.12
1.458.53
228 Sqn
835.00
6.094.00
S,$01.44
1,427.56
237 Sqn
552.78
1,371.(X)
1,757.
166.78
245 Sqn
747.77
3,957.(Y)
2,418.14
2.288.63
Sp Sqn
1,960.60
2,077.50
1,549.80
2.488.30
LAD
163.87
2.561.37
1.628.69
1,096.35
12
Quick Notes Page 23

Fund Nariie
Fund Bal BIF
Incoming
Rèsourca¥
lor perKxI
Out90ing
Resgurcas
for p8ri0d
Transf&rs
Gains and
kissas
Funfj Bal CIF
Youlh Club
69).78
26,138.50
1,116.20
25.711.08
14 Sig Ragt Communty
W8Kare
2,751.92
665.17
1,473.21
1.943.88
Int co￿¥
322.1)Q
Ru9by
41.36
112.00
153.36
St E￿luS G￿K￿rtIng
74.76
19.80
Gym lrnprovemenls
369.56
199.1X)
105.56
Sgt Keen Op
1,250.15
133.15
1,117.C
14 Sig Regt
nsalvai￿n
150.00
15D.
Cl8y Prgoon
954.92
954.92
Ex MERCURY
GLACIER INordl¢l
Ex DRAGON CEFITA
CITO TRAIL
2.2Q).Q)
2200.00
Ex MEACURY
SNOWRIDEA
181.87
171.50
Ex DFIAGON PISTE
82.65
50.53
32.12
Lanyard Trophy
Ex MERCVRY
GLACIER IAlpln81
0.00
-'x TALISMAN SABRE
Ex DRAGON PENJAC
Ex DRAGON LYNGEN
o.oo
Net tranBl&rs oul and nel h)gsos are to b• ontored as negat￿e I￿ur•s.
13
Quick Notes Page 24

A tsr￿1 explanaiion 8$ lo the nalure and purposè ol thé charrtvs Restrkted Funds is lo be prov*Jed.
Name of Restricte(l Fund
Purpose of fund
Income and Expenditur8 for fUnct￿S and events Igr the
good and b8nefi( ol all personnel wrth Iho AGC ISPS)
D8lachmenl.
Fund raised at annual Open Day an¢J Charlty BAnd
Concert 10 us8d ltsr DonatK)n to ABFltsr major chartty ol
choice). Fund Aaising lor benefit of 14 Sig Règt IEWI
soldiers & maintenancellutufg Costing for next Open
Day I Concert.
For the gocxl and ben81it ol all families and dependants
chIld￿n wthin the ¢omrnunty tor so¢￿1 and recreatbn
aclivill&s lor tha lamili?s (lay.
AGC D•t Funds
Aegt Opgn Day & Chanty Concert
Rogt Farnilb8 Day
Incomè Irom Hlre ol Rgglrn8nièl Mlnlbu8 8nd Expenses
I￿￿rr9d to kgep vehiclo roadwodhy and roadlogal.
Used for good And bèneld ol #ll ranks.
Incom• and Expenditure for funclions and events fof Iha
good and benfr1￿ ol all personnel with tha 223 S* Sqn.
Regimental Minibus FuThJ
223 Slg Sqn IEWI Fund$
Incom• and Expondfture lor funclion8 and 8wnls for tha
go(¥J and bon81it 01815 personnel with the 226 SVJ Sqn.
226 Sig Sqn IEWI Funds
Incorne and Expendllure lor lunclKJng and 8v8nls lor th&
good and ben81￿ ol All pgTronng1 wrth th? 237 SVJ Sqn.
237 Slg Sqn IEWI Funds
Income and Expendllure lor lunc1￿)n8 and av8nts ltsrth•
good and b8nallt ol All ptr8onn$l with Ihg 245 Slg Sqn.
245 Sig Sqn IEWI Ftsnds
Incomg and Expenditur• lor lunctk)nB and gvgnts for lh8
gocpJ and benefil ol all personnel wrth Iha Support Sqn.
Support Sqn IEWI Fund$
LAD Funds
Incorne and Exp8Trdltur8 loi lun￿10￿9 and +￿nIS for tho
goc*J and bengfit gf all ￿rsonnel wtth the LAD.
For the good and benelil ol all chlldren wlthin t
community lor soelal and rèerèation Attivrtles.
ro ba uièd lor lamllkn¥ and de￿ndantS for larnlty
acllvilles, day trlp8 In support ol tha eommunty ift
addlion lo income from and upk8etymalnt6nance ol th•
Contact housè & F￿t$.
Ineom• and Expgndrture lor lunctk)ns and evonts lor th•
good and b•n8lit ol All p8rsonng1 wmh Ihg Int Corps.
Youth Club
14 Slg Fl8gt IEWI Communty W•lfare
Fund
Int CO￿ Fund
Rugby Fund
Fundlng for mèmbers ol the unit lor rugby (both codes)
trainlng. gvenls and equipm•nt.
Incom8 from Go-Karf Hlre and Exp8nses for ronning of
Go-Karts ltsr go and benefil ol all membors ol Rgglm8nl
and famili8s.
Incomo lor k)w k8y purchas•s for mlnor upkeep of the
Regim8ntal Gymnaslurn.
St Ellglus G0-Kar￿ng Club
Gym Improvoments
Donalbons provwJ8d lor provisTrJn ol basic wewarg
IAci1￿18s lor 14 Sig Regl 801diers' on or returning from
Opèratk)n$
Sgt Keen Operatlonal Fund
14
Quick Notes Page 25

Narnè ol R•str￿ted Fund
Purpose ol funrj
Fsjnding provide(J lor thg upkeep of all consery8tion
areas in or around Cawdor Barracks.
Income and Expenditure lor Ihe running ol Ihe
R89ifflental Clay Pigeon Club.
Funding lor thè Annual R Slgna15 skiing training camp
nd tourn8menl. This will b8 change lo Ex Mercury
Glacler (Nordti.
This ks a one ofl Mountain walkiny Exp#d In Calffomia,
USA. Postponed due to Covld.19.
Fundlng lor1118 #nnual R Sig5 Corps Snowboarding
chamP￿ns￿lpS 2020 pericxj.
Fundlng toi thè annual rnalor Regimenlal Skllng
Expadrtion 2020
Annual R Signals mililary palrol comp8lttion.
14 Su Reg1 Conservation Fund
Clay Plgeon Fund
Ex Mercury Ghcler (Nordic)
Ex Dragon Certa Crto Trail 20
Ex M•rcurySnowrider 20
Ex Oragon'$ Piste 2020
Lany8rd Trophy
Ex Mar¢uryGla¢br IA*inel
Funding for the Annual A s￿nal9 Downhlll Skllng
trainlng Camp and tournamenl.
This13 a one-off event for 223 Sqn 4dv¥nturo Irainin9 in
Au$iralla 21Y20.
TAlismAn Sabre
Ex Dragon Penjac
Fundlng for the annual major R•glmantal Climbln9
Expedil*)n In Croalw.
Fundlng for the annual major Regirnenlal Skl.Iouflng
expgdhlon.
Ex Dragon L￿gart 80
Horftage as6•ts that arè own•d by Ihg charity but purchas8dlacquiied pr501 to 1 Apr 06 Ar8 not
included in the chaiws capital propèrty Val￿(￿09 nolg 1.11, A IlsVde6crfptlon ol thos8 ass8t$ 1$ b•bw.'
A 3, ststue ol Herrne8 the wln
the RHQ bulldln
d rnesgengar aka'Jimm
whkh18 k)caled oulsld
15
Quick Notes Page 26

12.
All ol tho chaiity8 commitments arè providod lor in the aeeounts.
No 9uaranlees hava b8gn given lo third partie8.
Tha cheriiy has noi racélv8d any b#n8 that ara oulstanding at the yèar.and And sècuréd on As8èts.
Tho ¢hariiy has noi granted any k)ans lo insittullons or eompani•s connected with th• chairty.
Thè ¢hority dhl not make any •x.gralla paym•nts during th• yaar.
Svlliciont resoufCOS aro hok1 in an appr9priat• lorm to 8rsabl$ v¢h fund to bo aFplled in accordanca
wtth the m8lrbctk)n8 lrnposed.
Th¢ finanGl&l activities, assets and Ihqbilhlos ol all th• chftrivs branch89 01 $8ctlon8 hav• b••n Includ8d.
Thé truslo05 have not changed tho year end dato or the1on9th of lh• charltys Ilnancial yyar.
Th• eharity has rto dèsignai•d tunds Ilf thèrè are designa1￿ lund$ Ihe reason ltsr dgslgnallon and whgn
ch da$lgnatod lund 1$ Intgnd$d to ￿ used by 1$ to bo $tai¢d In th¥ Managlng TN$t•g'8 rowrtl.
All the charbtY8 OP8rallon6 are eontlnulng 0￿rat￿n9 and there ￿ra op8ralbn8 dkncontlnu8d or
uSrod durfng tho year.
No funds lunr•str*lod, d•slgnat8d, r•gtrfct8d or 8ndowm•nll ar8 ln d•llcR at th• balanc8 8h••t data.
The charty has no tntangible as8918.
Thor• w•r8 fio Int•r-lund k)an# outstanding al tho bolan¢• $hoèt dato.
Non8 of lh• charws luncllonal Ilxed assets hav• b••n r•.valu•d durfjng lh• y•ar and lh• charlty do••
not have a pollcy ol revalualkjn of Ihese assets.
The charty ha$ no Bub81dlary cornpanie8.
The chArity has rlo rnalerk?I flxed a￿ets whkh have not b8•n captslis•d and Included In th• baL4nc•
8ho0t.
No lThtemal Iransl8r8 have oceurra(J oth of re61￿¢19￿1￿nthmani lund8. In the 8v•nl th&t & iranslar
has taken place, full details of Ihe rea60n lor the transfer ar• dlsclosed in lh8 Managing Trust88'8
commvnts.
All Inv661rnaTrts hekl are Investm*nt a$$ols in th$ UK unlo8$ tsthglVll80 $tatfj4.
Not•.. Where anyol the t1aelarnllons arg not eorrect thgy arg to be cro$B•d out and d￿￿1$ prov￿ed
in the Managing frustee's comm8nts.
16
Quick Notes Page 27

AddilKJnal comments..
GPF
l am pleased lo nola Ihat tha GPF Incorne èxcoeded oxpondltura but noto that the GPF surplus of £28,290.68 has
reduc8d Ilom last year1£32,119.611. Ntsting this obs?rvation I will conlinue ¢0 ¢ar8fully rnonitor GPF expenditu￿.
Thè Covicj as8ocialed pandemlc has rèstrictad the Mjical &ctlvftl•$ Supported by the Fund duTlng thi$ a￿lit peri¢yJ.
Subsequ8ntly funds gained through monlhly subscrlplions bave been usèd to mak• considèrabl8 irnprovement$ to the
Juftior Ranks Club (Flaggisl.
R•6lrlct•d Purpo•• Fund•
The Rosiriciad Purpose Fund incom8 has 8xc8•déd èxp8ndilura.
Dua to Ihe pandemlc ih8r• af• a numbor ol Adv Trg and Sport Restr￿tall Funds thot hav8 not bèan used
throughout th￿ Audil Porth.
Tho Consgrvath)n Fund haB now bgen ck)8ed and th8 balanc81£150.CQl dono18d to Ramsay Igknd, RSP6.
Sour¢M of Inc
Th• main sources ol GPF Income 45 monlhty sub¥1£10,896.$01 and sh¢Jp sal•s1£4,054.101.
T4e income ralsed Irom thè hirln9 01 the RegSrnental Mlnfous ItB03.471 Is hglplng lo gubsKtl80 rts running ¢08ts though the
l mad0 a conldbulbn. Whilst It Is d•glrnbK8 for th• mlnlbus to operate on a prolft basls, It should bè etsnskler8d an
asset lor the bgnglit of all A8qt personThal.
Thè Youth Cluty Fgceived a substantial granl 01 È18.648.50 from the Arrny Covenant Fund. The granl Is boSng hgld In the
Youth Club RestrKtod Fund.
PAI ghop Profft
PRI shop sal8s have genofatod 45.20% prolrt whKh exceeds the MT'S dlroctlon o110- 15%.
It 1$ fagr¢ltabkg thai £426.88 worth ol Stock has béèn wrltt$n ¢ff whlch L8 atlTibutable to Sqn cksthlng wlth outd&igd gub unit
Inslgnla.
8olh 01 thu• ¢)bee￿all)n$ wlll b8 monilor8d throuyhoul th$ nexl audll perbd.
l am h¢iwever pleased lo not8 that th• in¢orne from shop sales has Improvo(J consid818bly slnco IHst y8aT1£436.491 though I
om w8r• that sornè ol Ihls proftt Is due to 8algs m&d8 latè In thè provlous audrf pork)d that was awaitlng roC•iPt IhTough
Me66 BI1￿.
SoufC•• Ot •xp•ndlturn
Thè main sourc8s ol expenditure have been a grant to offsèt tha cosl 01 running Ihe PRI rninlbu61£944.971, Fund Insufanco
E400.9ei and the purchas8 ol Capttal prop8ty1£13,091.051 whkh hag been us•d to lumS$h the Junior Panks Club and
und InsurnTr¢•1£4￿.96).
There is onty on• d¥btor shown whkh haa SIn￿ been ¢l$arod.
Cr•dltor•
Thgr• am no er8ditor•.
17
Quick Notes Page 28

Caplt•l Prop•rty
The folbwing rtems of Capsial Property hav• been purcha89d'. chesterf￿kI suttes lor th8 Junior Aanks Club, 8 gazebts
out(knr lurnitufa lor the Youih Club.
Th• value of lh• Capital prtsperty has been depmeiat•d In Ilne wth SeNK• Funds Aègukqt￿ts.
Ml•c•llan•ou•
Durlng th& la8t audil per￿ the Fund's Incorne exceeded £l(X),000. Thèroloro, In ac¢ordan¢6 wlth Solv￿& Funds.
Regulations tha PRI Fund bg•n regi8t•r8d wlth tha ch8riil•g Commlsslon.
Slgnature
Namo
Capl M SL4t8f
Fund Manager IRgglm¥nial Accountant S¢h•rn•yA•oOUA
Oat8'.
18
Quick Notes Page 29

MaMgl ng Trustee's Annual Report and Cornments:
Unil
14 Signal Regiment (Electronic Wartarol
Address
Cawdor Barracks, Brawty, Pembrokeshire, SA62 6NN
In Respect ot th&
PRI
Fund/Charity
Charity CommlsslonlRegulator regi$l6red number
1191201
Descriplion ol Ihe charity's trusts
This should include..
Oètails, including dale if known ol the charity's ￿ernIng documenl16.g. trusi doed. will,
constitution èlcl.. and
A briel explanallon ol th8 ¢haiilYs objects.
Where 8ppllcable, you may chooso to glve detalls ol any speciti¢ ￿n￿lment powers of the charity.
Governing Document
le.g. Tru51 D¢•d.
Conslilullon
PRI 14 Slgnal R8glment IElectronlc Warfarel Conslllullon.
Object$ of the Charity
Thè promotion ol efficiency ol the Armed ForGes ol Ihe Crown by th8
pro￿$10￿ and support ol facilitigs and aclivilies for the efficiency and w811-
bein
ol servicè
efsonn81.
Explain briefly how Iruslges are elected or appoinlod and delails ol any Inductlon and Irusiee Ifalnlng
attendgd.
Tru¥tgè solgctlon
meth￿j
Managing Trustee selected on appoinlmenl as Commandlng Oflicoi
Tru$l¢e indu¢llon and
tralning
The Managing Trusleg has attended the Commandlng Offlcer (Designalel Cour88.
Fund Managers are required lo complete the FM e-Learning Couise which Is
ho8led on the Do1on¢è Learnin
Portal vllhln 1 monih of a88umln
inlmei
Quick Notes Page 30

Explain about what the charity is lrylng lo do aftd how it is going about it. You are only iequired lo provide
a brief summary ol the main activities and achievements ol the charity during the year in relation lo its
objects.
Summary ol main
actsvrties in relation lo
the Charity's objects
Sports. thenlure training and grants lo team buildin￿un$t cohe$ion activities.
Summary ol main
achievements ol the
Charity during th8
year
Duè lo the pandemic Ihg typical actlvillès havo not been achiovable. Fund
has howèver gNen considerable support to th6 Olhaf Ranks Club.
Provkl8 a brief r8vl8w ol the Ilnanclal po8illon ol Ihe cttadty. ThlB should Include tho prSncSple typès ot
income.
Financ*1 Reviow
The maln sources ol Income have been rnonthty subscriptions and shop profit.
The Fund 1$ In a hoallhy financlal stale.
The ManagSng Trusl8e should gSve In Ihalr report a d88crlpllon of the lollowlng wllcle8'.
For the selection of Investments lor the charity.
For determining the leve5 ol Income reserves held, slallng and explainlng th6 level ol fosèrve$
hèld.
Wh8re grants are made ty the chafity. th8 selection ol individuals and institutions who are lo
recelve grants out of the assets ol Ima charity.
Financial reserves
policy
The Fund shoukl maSnlaln a work4ng Cap￿al ol al least £5000.
Inveslments selecth?n
policy and
performance ol those
invgslments
None
Quick Notes Page 31

Provi41 è the namo ol all Irusteesllh8 Managing Trusteelsl during the report year.
Managirg Trustee's
nameilruslees. names
Ll Col C Fogaty MBE, R Signal$.
Serious Incidents
None.
Public B&nelil
Sialemenl
This fund provides public benefit by assisting service personnel lo more
effectsveSy perform their roles ￿thIn the Amied Forces of the Crown. 11 doe$
thi$ by..
'a. Providing and supporting mess facilities and 80cial activities.
"b. Providing and supporting sporting and adventure training activllles
This assistance onables sgryice personnel lo lace the challenges and dangor
associated with mililary service by developing and maintaining le8mwork,' skills,.
Itn8ss,' Gonlidence.. character,. writ and attitude,. and morale.. As a rosull
the fund promotes the efficiency ot the Armed ForGe$ ol the Crown by
¢nhancing thg Britssh Armls capabllity lo undertake the roles dgmanded ol It
Including Ihe dolonco ot ltte United Kingdom and ils inter651s.
11 confirm that I have paid due regard lo the Charty Commisslon ol England
and Wales'8 guldance on public benèfit when dgciding what actlvlli88 th8
ehari
should undertake .
'delete as appropnalo.
J•1
Quick Notes Page 32

Additional comments (include any dèclarations which were nol correcl (Pg 1211311..
11 is noted that the PRI shop profil has exceedecj my diraction. The Fund Manager is lo r8Vl8w the exisiting
business model and ensure this matter is not repealed.
As the Fund Manager has slated, due to the Covid 19 pandemic there have unlortunatety been limited
opportunities lor the PRI lo support the main activities in relation to Ihe Fund's objectives,. sport, adventure
trainlng and team building events.
11 is however pleasing to nol8 that the PAI FurKI is financially sound and, when circumstances permit. it will
be able 10 SUPPOrt the usual activitles.
Signaluie
Nam¢ Lt
MBE
Date:
)pointment Mana
In
Twslee
Quick Notes Page 33

Internal Audltor'91Audlt 8oard Report
I have examined the books ol account and records from which the final aceounls were prepared
and have obtained all the information and explanations that were necessary lor the purpose ot my
Intemai audit.
I certify that end of period checks have been conducted in accordance wilh Service Funds
FlegulatK)n8.
Subject to the observations given below l am satisfied that p¥oper books ol account have been
kept and that the final accounts give a true and lair vièw ol the results ol transactions over the perul and
ol the statg Ot the Fund's affairs as al the dale ol the balance sheet. Subject also lo my obseNalions. I
am sa1151ied that cash and bank balances and stocks on hand, have been properly checked al
prescribed intervals and Ihal adequate insufanee exists.
I have stamped the oiiginal books ol accounl and Ihe checked Ihe odginal records. All
vouch6r$ relating lo this account have been canc6118d.
I have made the following observations whilst carrying out thé intgrnal audit..
Man•gom•nt
a. Pr•vlou• Oburvatlon•. All observation$ Irom last year's End ol Year Audit have beén aellon8d.
b. Sto¢k Ch•ck3. The FM is reminded ol the réquirement lo complete end ol month stock checks. though il
Is acknowleded thai due to thg pandemic il has not always beèn possibl$.
c. Prwrty Ch•ck•. Th8 mandal8d Property chaeks have taken place throughout the yèar.
d. Wrlto Off•. £426.88 worth ol stock has been wr¢tt8n off whlch equate$ lo 33% 01 the prolll made from
Shop sales. Ther8 need8 lo be a robust monitoring ol stock items lo ensure they do not got oul ol dale.
e. Fln•nclal Pl•n. I strongly encourag8 the Fund Manager lo produce a Flnancial Plan lo help loreca81
Income and expenditure.
Exc•M ol Incom• ov•r Exp•ndllur•
l. The &x¢¢$s ol income over expenditure lor Ihls audit period was ￿6,964.44. Whilst th18 1$ a sig￿lIcant
impiovernenl on last yearfs figuf81-£3,297.461,11 is mainly attributable lo the substanllal grant thai the Yolrth
Club received.
A••trlcted Purpos• Fundi.
g. Unuiod R••trlctsd Fund8. Due lo the pandern￿ a numb8r ol sport and adventure training orienlaled
Reslricled Funds have not been used throughout this Audit Perh*. 11 there is no Inlentlon to Use them in the
luluro the Fund Manager Should consthr closing the Funds.
GPF Analy81s
h. The GPPS in¢omg has exceeded expenditure by t6.314.07. However, as prevK)usly staled. the
Ilmita(ions placed into effect due to the pandemic hove un(k)ubledly limit&d the Fund's ability lo support the
Fund's main aclivilies.
ILS
Quick Notes Page 34

Trading ALeounl
ProfSt. As noleil by the Fund Manager, the Fund has made 45.20% profil which signrficantty exceeds the
Managing Trustee's direction. There needs lo be a robust moniloring ol both the cost and selling price ol all
stsxk items held wlthln the PRI during tho next accounting penod.
j. In8urJnce. The value ol stock held I£5.410.481 exceeds the value held in the Insurance Poli¢y1£5.0001.
The insurance pdicy musl be amended immediately or $lock holdings reduced.
k. val￿ of Oponlng and Closlng Tradlng Stock. Due io a PAXTON conliguaralion error, Ihe valu88 01
Opening and Closing sloek IT001 and T0031 shown are incorroct. This is attributèd to the proces5 01
conducting monthly Prolll and Loss reports which aggrégaled the r8spectiv& ligules. Howevgr. thèy do
remain in proportion to each other and Ihè profil made is confirmed as bging correGI.
D•btor•
l. l arn aware Ihat the d9blof of £1,2870.75 has racenlty bean cleared. It roprgsgnted lust 1.4% of the Fund'g
total ourrenl assets.
Cr•dltor•
m. Therg aro no ¢redllors.
Signature
Name Ma
orG
Da
Dale-.
Appolnlment RAO I Inlernal Audilor
ILX
Quick Notes Page 35

Com¢VS02 SPS- Indepetmlent Examlller's Report on the Accounts.. 4nd Loromenls
Disclosure Seciion Ionly to be completed if ihe examiner need.s to highlivhi mllierial
problemsldis¢rcpatiLie51
Give here brief details of any items ihat the examiner wishes to disclose
Coni(V502 SPS
ummenis- PRI
I huve reviewed the Fund's income over ihe last Ihrec dudil P¢T1￿% and il's gcnuine income has no¢
exceeded £250k in any of these years.. FY 18119 £184.2.12.37. FY 19120 £1.$6.7.52.74 and FY 20121
£65,989.16.
The 0￿ratiOn and Siructu￿ of ih¢ Charity 15 undcrstwd.
The unli ha% not yet conducied its annual assurance due w COVID-19 irav¢l Tesiriliions and so ihe
report has noi been ref¢rr¢d io in Ihe compilation of ihis reFK)rt. A Sample of accounis will be condu¢ifyl
once visils hav¢ rc4umed.
I have ¢xamined the PAXTONIAB 397 ba]ances at the end of ihe audit ￿riod.
The final accounis ond report from thc 2020 G IA Self-Assessmenl Question set hav¢ r¢vealed no
unusual ilems. unexpected fluctuniions or incon%is*ncies. The asseLs and liubiliiies are consis￿nE with ihe
iype of activiiies ihe charilies 0￿rales.
The Fund operdles on an accrual's basis conforniing wilh %.42111.
Th¢ accountin8 policies are consisieni in appltcaLion and appropria1¢ io the activities of thc Chariiy.
There has been no eveni thai has had adv¢rse iTnPaCt on ihc worth of ihe charity subsequent io this
re￿rt. No res(ricied funds Are overspent.
The and IA are io note..
Th¢ ¢omm¢nis of ihe Fund Manager. Managing Trustce and Auditor are noted.
Thc perforniance of the fund in relation io the ¢urrtni COVID-19 5iluation is noted and
under4100d.
As th¢ MT and Auditor noied th¢ % profil is very high and musl be reviewed. The
5upp)ning accounis include a manual OA profil cal¢ulaior due io a ¢omw>unded opening Irdding SioL'k
riguTC in the Paxton accounis which does not refleci realiiy.
There have been no deliberaie acts of misconduci in the administration of the charity.
10.
1nde￿ndertt Examiner's Signature
Name
ile5
Date: 23106r21
Appinrmeni $02 SPS 160X
Quick Notes Page 36

Quick Notes Page 37