Service Non-PulJlie Funds FIDxl Accounts,
Mana%ing Trnst¢e'$ RepoT( lrtttrnal Audlt
Board Rtport and lttdependent Ex#miDer'i Report (SORP 2￿5 compliantl
Regimental Ateoun¢Attt Scheme
AThJy FOTM N1514
{R¢v I1,fj91
Unir
29 ReKlme•t RLC
Duke of Glomitstrr BIrr•￿4 5oMth CttDry. GloutwtTshlre. GL7 5RD
ID re5pc¢i of the
Fun&Chui
Chan'ty commi5510￿sU￿lltor rcsithThmb¢r
11919551
For the Fri(hl fwom
01 Apr 22
31 M•r 23
M¥Jn*ging Trnstce(i) during the ptrlod: 01 Apr 22- 31 M#r 23
From
OIA r22
31A
22
Nam
Lt Col J S MODS RLC
From
08Au
22
to
31A
22
Name
R D#rke RLC
From
Olse
22
31 M*r23
N*me
Lt Col E Sed
ick
Fund MaD*ger(5) durlDg the perlod: 111 Apr 22- 31 Mar 23
From
OIA r22
to
31 Mar 23
' R D*rk¢ RLC
From
to
From
To
Ngme
From
to
Name
Internal Audltor(s) durlng th¢ per1￿. 01 Apr 22- 31 M*r 23
From
OIA r22
31 M*r23
N*me
Mrlcoo
From
to
N8mt
From
to
Name
AsSOtlate Audltor(s) duriThg the perlod:
A&sOC￿le Audiwr
A550¢iii¢ Auth"ior
kno¢ia* Audiior

RegimtmtAi.4ttMntallrfsl d•TiD¢ the wiod: 01 Apr 22- 31 23
l Fr•v*
03 1111 22
S A Boprne
sps
18 11*1. 22
Li A Woodwgrd
sps
06 Noi. ?2
A Bourne
sps
Fn
31 llar 23
! .l*me
¢ A W'Th)dward
sps
Fn
xme
Fr
l .Yame
I P*xmt

Statement of FlnAnci#l Activities as at...Jl M4r 23.... (dgte)
Notes to the Ateounts IPBras 2 to 12 are to be tompleted by All fund$ whlth have • gross income of
£IOOK or oi'er and tbose fuDd5 alrt#d)' registered Mltb the Charity Regulator. IU other fund$ gre to
eomplete P#ra5 6 and 7 the d¢clAr*tlOJ15 at Par4 121:
Princi
al Accountin
Policies
Accountin
Convention. Th¢ financial stalcm¢nis are preparryj under the histori￿ cost
convention as tnodificd by th¢ inclusion of inve5thients at markd value and in accoTdance with
applicable accounting standards. In preparing thc financiai slaicments the charity follows be51
prattic¢ as set out in th¢ Statern¢nt of Rccomm¢nded Practice 'Accounting and Reportin8 by
Charities. ISORPI 21K15
it :Ilwww.chan
i&sion.
v.uklinv
ti tiOn￿S0
5docs.as
Incomin
Resources. Income is r¢cognisty] in the period in which th¢ tharity is entitled to
receipt. and the amount can ￿ musuTed wilh reasonable certainty. Grants from other agenci¢5
including donations and other income from activiti￿ are in furtherance of the charity's objects and
e part of the general fiJnd$ of the charity. A r¢strictal fund is only recO￿lS¢d where this is an
agreed and explicil wndition of the grani or donor.
ntan ible Incom
Due to the close e4>llaborative relationship and the manner in which the
charity's activities compliment those of the Arniy, inlyngible inwm< reflected in tim¢ and of
premises is not qu¥ntifiable or masurable and so 15 noi reco￿1$￿ in the aeeounts.
R&qources Ex
and Basis of
ion of
ts. Expertditure is included wh
incurred or exceptionally where a commithient is mad¢ whith require5 ￿ accrual w.hen payment 15
to be made in the subsequent aceounting period. Similarly, where Pr￿aYMentS are madc in
recognition of commitments f¥lling due in a subsequent accounting wiod. Ihe appropriate credil is
entered in ihe accoun15 and reversoj the following year. Grants payable ar¢ included in th¢ SOFA
when approv￿ by the mana￿rt8 TnL51ee. Expenditure is recognised in the period in which il is
inouThed. The majority of cos15 are direcily aitribulJble to specific activilies. Irrccovcrable VAT is
char8oJ to th¢ aaivity for which it was ineurrcd.
Gov
Cost5. Governance costs ar¢ the costs of profcs5ional advice, holding ¢nLStee
mc¢ting5 or cornmiltee mtttings &8so¢ialed with decision making. any f¢¢ for audit or independeni
examination and ony fee incurred in Ihe preparation. sloluiory filing, Printin￿ or ¢opyinbT of ¢hc
annual report and accounls.
italisat
ation of T 'bl
ixcd Assels. All assels having a pUrCh￿e value
of more than £S(MTr are capilalised. The c05t of tanbiible fixcd assels is ￿]llen off by equal annual
instdm¢nls ovcr their expeLled us¢ful liv￿ using the following mixho(ts ofd¢prwiaiion.'
Fumilure, fixtures and ¢quipment
Motor v¢hicles
Siraibhi Lin¢ over a perivd of 2 - 10 years.
Strai¥hi Line ovcr a period of 2- 10 ycars.
A5Kt5 with a life of more one year but with a purch￿ valuc of below £5(X) are included within
the inventory but the c05t IS Written off in the year it is incurred and is noi deprecia¢￿ over ihe u%ful
life of the &ssd. Where the &s5Ct is dcpreciated over a ￿lod of more than 10 years. details of the
itan and period ar¢ to be provided following the rtoies on pagc 14.
Fixed Asset Investments. Fix￿1 &s5et Inv￿¢nI5 are included at markei v¥lu¢ ai the balance
sh¢et dat¢. Any gain or loss on revaI￿tiOn 1$ shown in th¢ Siatement of Financial A¢tivili¢s
(SOFA).

Stocks. Purchasaj Stocks are vducd at the lower cost or net re￿iSable vdue making du¢
allowance for any obsolete or slow-moving items.
Funds Accountin
Funds held by the charity are..
Gcneral P
s&unreStrict￿ IDesi
atcd Funds. These are funds ihat be used in
accordance with the chpn"lable objects ai Ihe discretion of th¢ Managing Trusiee. Designated
funds ar¢ unreslrictcd funds which have been allouicW¢amiarkal for a particulat purpose by
the Managing Trustee and are lo be declared in the Managing Tn￿teeS comm¢nts in
acwrdance with Para 12 to thes¢ TK)tes stating what they are Intend￿ io b¢ usd for and
wha).
{2)
Endowment Fund& Endowment funds ar¢ tlw inv&strnents and other gifts accepted
by the unit, the capital sum or proputy being held in pupetuity and th¢ in¢om¢ only being
available for dwithble use.
{3)
Reslricied Funds. Th¢s¢ are fimds that can only be used for particular r￿trict￿j
purp05¢5 within the objects of the tharity. Restridions arise when specified by the donor or
when fiJrtd$ 4r¢ Taised for particular r¢stricted purposes. Further explanation of the nature
and purpose of each fimd is to b¢ includoj in th¢ notes io th¢ ae¢ourtts.
eTita e AsseLq. In th¢ ¢OUTS¢ of the unit's history, th¢ ¢hority m¥y hav¢ aqUIr￿ gift&
memorabilia. regalia, silverware, antiques and Oth￿ historica] artefacts in the course of distin¥uished
miliiary service in service of the Crown. The v￿uC of ihese pieces is in large part duivcd frorn their
close associaliort with Regimental history which precludes the of ￿nVentiOnal valuation
techniques being applied. Whilst the objects of th¢ ¢haTity do nol specifically include preservation
and conservation. the pieees reprcs¢nl ￿ es5enlial element of celebraiin8 the unil's hL510ry and foster
esprii-d¢-COTPS. cons￿￿entLY, the mana￿n8 Tn￿lee considtts th¢ charity to hold heritag>e assets
both for functional use and &$ an elemeni of national history on behalf of the naiion. Heritabl¢ JS5e15
aequired prior io I ApT 06 Jr¢ th¢r¢fore nol Capi￿15¢d on ihe balance sheet but a dcscription of those
aS5et5 15 disclosed as part of the notes lo the accounls. Heritage ￿¢15 acquircd oftei l Apr 06 wh¢r¢
the purch&8e price is known which exceed £51KI.00 ¥r¢ Incl￿1￿ in the balance sh￿[
acquisition value but are not deprcciat¢d.
Other Costs. Othw Costs w¢ thos¢ cost5 nol in¢urr•J in the undertaking of ¢hariiable activity
in fi￿heranCe of the objects of ihe charity. i.e. Ihe provision of facilitie5. recrcational prob>ramm¢5 or
aclivi¢ies in fi￿h¢ran￿ of military efficiency. Th¢y ate also ws15 incurr￿1 in the making of 8Tanls
and donaiions. in the cosls of generdling fvnds, i.e. Ihe costs incurred in trading or fundraibing
und¢rtak¢n by thc ch8rity, or in 8ovmJane¢ ¢osts.

MaDaging Trust¢e'5 Report ind Comments:
Unit.. 29 Regt RLC
Address.. Duke of Gloutes¢er Bk& South Cerney. CiTeDeester, Glos. GL7 5RD.
Charity name and Charity ComrnissiowRc8ulator ￿lStered number: PRI
Description of the Ch￿lty,S In￿1$
This thould include..
Details. including dit¢ if known of th¢ tharity's governing document le.g. Irust dced, will,
onsliNtion ¢tc); and
A brief expl¥n4lion of th¢ ¢harity's objects.
Where wlicabl< you may cFM)ose to give ddails of any sp￿lfi¢ inveslm¢nt pw¢rn of the charity.
Goveming Doeum¢nl
{e.g. Trust D¢ed,
Constitution
Constitution adoptoj on.. JR MAr 14
Obj¢ct5 of the Charity
The promotloD of effiriency of ¢he Arm¢d FoT¢¢5 of the Crown b!. the
provision and support of facilities and *etivitie$ lor the effielency Ind
well-beln
ofservlte
ersonntl.
Explain briefly how trustees are elecirA or apFK)iniryJ and detsils of any induction and tn￿lee training
aiiended.
TNst¢¢ s¢l¢¢tion
method
On Appolntment *$ Ihe Cowm4ndlng Officer.
Truslee induction and
iraining
Trnstee IDductlon And training is eotsdueted ihe DLE Man*8lD8
Trustee Training & CO Des Course.

Explain aboul what the charity is tying to do and how it is going about it. You are only rquiral to provide
a brief summary of the rnain activities and achiev¢ments of the charity during the yur in relation to its
objects.
Sumrnary of main
acliN'ilics in relation to
the Charity'5 objects
The PRI eyi5ts ¢0 gentra(e incomt In order to $ub5idlst all Regimental
aetii'iti. for the good 4nd bentfjt of the members of Ihe Regiment. Thls
ensures team tohesion and the morjl tomponenl is re*lised.
Summary of main
achievem¢nts of the
Charity durin8 the
Supporting all sport5 is contknued to be implemented ibroughout the
Regiment. This continuei to glve opportunitie5 for all personnel.
r￿rdlesS of ability, lo l#ke up * sport for fun ¥nd progress if desired.
Provide a brief revi¢w of the financial psition of the chwity. Thi5 51K)uld include the prin¢ipal types of
in¢orne.
Finan¢i4] Review
Printiplt Income to tb¢ PRI Is from IDcome genergtlon on the *irfield and
voluntary substrlptloDS.
The Managing Trusttt slwuld give in their report a d¢s¢TiPtion of the following policies:
For the selection of inve51ments for the charity.
For deieTminin8 the level of ineome reserves held. staling And explaining the level of Te5erve5
held.
Where grants are rnade by the clLarity. th¢ se1￿10n of individuals and institutions who are lo
receive grants out of the assets of the ¢hatity.
Financial reserves
policy
NIL
Inv¢5tmcnts $¢l¢¢tion
licy and
performance of tho
invcstm¢nis.
NIA
Provid¢ the name of all tn￿le&the Managing Trnstee(sl during the report year.
Managing Tn￿tee'S
nam&trustees' name5
01 Apr 22- 08 22 Lt Col J S)'moDS RLC
08 AuR22-Jl Aug Z2 ￿1*1 R DArk¢ RLC
Olse
22- 31 fvlar 23 Lt Col E S¢d M'lck
Serious Incidents
None.
Public Benefil
Siat¢rnent
IYIA