Managing Trustee's Annual Report and Comments:
Unit...............16 si￿1 Regiment.....................................................................................
Address..................Beacon Barracks. Stafford. ST18 OAQ........................................................................
Charity name and ChaTity Commission/Regulator registered number....PRI
Fund..........1192126........................
Description of the charity's trusts
This Should include:
Details, including date if known of the charity's governing document (e.g. trust deed, will,
constitution etc)" and
A brief explanation of the tharity's obje¢ts.
Where applicabl4 you may choose to giv¢ d&ails of any specific investment pow￿ of the charity.
Governing Document
(e.8. Trust Deed.
Constitution
S¢rvice Funds Re
atio
Constitution date(L Policy and Charttr uNlatal
Objects of the Charity
The promotion of efficiency of the Arnied Forces of the Crown by the
provision and supFx)rt of facilities and activities for the efficiency and well-
of service
nn¢l.
Explain briefiy how trustees are electcd or app)intcd and details of any induction and trustee trainin8
attended.
Trnste¢ selection
method
On assuming the appointment of C(¥mmanding Officer
Trustee induction and
training
All training conducted within guidelines of SFR.
16

Explain about what the chatity is tying to do and how it is going about it. You are only requ￿1 to provide
a brief summary of the main activiti¢s and achievements of the chaTity dwing the ycar iTrrelation to its
objects.
Summary of rnain
activities in relation to
the Charity's objects
The charity Support￿ its objectivas by fimding sport parttcipation through
entre fees. quipment purcha￿￿* provlding financial support for soldiers,
Chrisknas & end of year lunche4 unit cultural day activities and adventuro
trainin& It ajso facilitates social eV￿ts to promote unit cohesion.
Summary of main
achievements of the
Charity during the
year
The fuod contributed to soldAas' adventurous trainin& subsidising skiing
activities and helpeAI ￿Ver (x)sts relating to sw)rting participation.
Pmvide a brief review of the financial ￿sItiOn of the (*arity. This should include the PTiDcipal types of
income.
Financial Review
The charity's rnain sources of income include Regimentsl PR[ subsLYiPtions,
donations. minibus and bouncy castle hire, interest from reserved ac¢ounL
advcntllro￿ training & other grant& The fund maintsins a healthy, but not
exLwsive balance and is regularly utilised undff nornial circumstances to
Suplkn all service per80nnel within the uniL
The Mana8ing Tnistee should give in their re¥￿ a desctiption of the following policies:
For the selection of investments for the Charity.
For deterniining the level of income reserves hel￿ stating and ¢xplaining the level of res￿Ve$
hel
Where grants are made by the charity, the sclection of individuals gnd institutions who are to
receive grants out of the assets of the charity.
Financial reserv&8
policy
NIA
tnvestments selection
policy and
perforniance of those
investments.
The amiual investnient summary as at 31 Dec 24 was vakKd at £49.498.00.
17

Provide the name of all trnsteeslthe Manawg Trustee(s) during the report year.
Managing Trustee's
narnpJtr￿tees, names
Lt Col A Jeyes MBE
serio￿ tncidents
Public Benefit
Stat¢ment
This fjjnd provides public benefit by assisting service personnel to more
effectively I￿rfOrni their roles within the Ann¢d Forc&s of th¢ Crown. It doe
this by providing and supwjrting sporting activities. team cohesion events and
adv¢nturous trainin& This assistan￿ enables service p¢rsomLel to face the
challenges and danger associated with military service by dev¢loping and
maintsining teamwork.. skills,'filness.' confidence, character, spiri¢ and
attitt&le.' and morale. As a r&wl( the fimd pr(>motes the efficiency of Ihe
Anned Forces of the Crown by enhancing the British Arniy's capability to
undertake the roles demanded of it including the defence of the United
Kingdom and its inter￿.
(I confirni that I have paid due r¢gard to the Charity Commi&8ion of England
and Wal&s's guidance on public benefit when deciding what activities the
charity should undertake.)
*delete as appropriate.
**
replace with wording appropriate lo a￿1Viti￿8 of fund e.g. 'providing andsupporting moys
facilities and social oclivilies or ' pmviding andsupporting sporling andadventure training
aclivities.
Additiona] comments (include any declarations whith were not cO￿¢¢t (Pg 12113)):
Signature
Name
Date:
Apw)intrnent
18

St*trm¢*t of Th•wial Aetlvities AS at31m3r1025
Paxtotr
P4elofl
Prlnted: 12105n025
PRI 16 SIG REGT
16Si
ent
Endowment
Totsl Funds
DesiweWGPF
Tothl Funds
¢omlnz R¢8ourees
olL￿tary Income
ctivities for G¢nernting Fund5
o.IK)
5.835.1Kl
1.587.91
o.
0.00
5,835.
1.587.91
3.800.00
6,763.(K)
1.170.56
o.wj
o.
Iwitable Activities
er Inccrfnin
tfil Incomln
esaurees Exwded CO￿ of
eneY*tlni Fundj
22222.32
o.(K)
523
7NJ.IX)
57,469.25
169.25
0.00
21Y22.32
57.469.25
87
14.48
19,747.90
67,070.75
29
o.
0.￿)
3,393.45
79.012.42
2.780.16
659.12
19.904.08
74
o.
4,973.20
103,179.16
894.93
694.57
.973.48
osts of G¢Theratti￿ Fun
haritsbleA¢tivities
overnan¢e Costs
rAnts and Donations
r Costs
tsl Resowr¢es Ex
et IncornluzlOwt8olD&
rees Befor¢ Tr•Mft
nsfers
3,393.45
22.126.56
2.780.16
659.12
19.W4.08
J7
56.885.86
0.00
o.ty)
o.Th)
oJJo
-1931&14
138339
.17,934.75
4316.17
internal trwth)
ltheooln¢ r¢x)urr# b¢fo
oldl
ini IDd loss
oldln8
ains on revaluaiion of the
horitys fLx¢d a￿ets
nrealised Gain5n￿SseS on
vestrnent assets
et Movem¢Tht In Flnds
Dclltstlon of F¥nds
tsl fvmds forw•rd
rnm pr¢vh)wi ye•r
otal fuodj elrrled forward
-2,084.(K)
2,084.
0.￿)
2.820.10
3J67J9
0.00
-17,934.75
-iJ96.07
-21J02.14
0.00
4.450.00
2.14
o.
67J9
o.oo
4.450.00
-13
.75
-5.341.00
00
120W05
107 061JO
101th7S68
IW037
22
7.76
0.00

Paxton+
Baluee Shttt. Msreh 2025
Page l of4
Printed: 12105n023
PRI 16 SIG REGT
16 Sigaal Regiment
Mowh 2025
￿￿ed Ass¢ts
19.640.(K) BIOO PROPERTY
O.fy) BIOI HIRED OR LoA￿D PROPERTY
40.048.(J) B3{￿) tNVESTMEKr
44,498.00
59.688.00 Totsl Fixed As*ts
44.498.(￿)
53.864.85 B650 CURRENT BANK ACCOUNT
O.(Q B651 DEPOSIT AccouKr
0.00 B680 NOTTO BE USED FN THISACCOUNr
495.fxl Bsfy) DEBTORS
0.00 B400 sT(￿K ON HAND
,150.20 B401 PR[ SHOP- sT(￿K ON HAND
62,510.05 Total Cwr¢n¢As%ts
91.692.37
0.00
0.00
125.00
o.(
5.784.93
97,602.30
121198.05 Total A$8#s
142.100.30
Li￿lI111e5
1,652.00 B700 CREDITORS
O.W B750 VAT CONTrOL
0.￿ B760 VATPAYABLE
35.039.00
o.oo
(1,652.CKJ) Totsl Li￿1]itt
{35.039.00)
120.546.05 Tol•lAss¢ts Minw Liabiliti
107,061.30
Totsl Fund5
18.870.37 Toty] R¢stricied
O.IN) T￿[ Endowment Fw
O.W Totsl DeSi￿ted Fun45
101.675.68 A¢¢umu]akd Tradnw & GPF
120J46.05 Total Fw
22,237.76
0.00
84,823.54
107.061.30

Paxton+
Pay2 of 4
Printed: 12Msn025
PRI 16 SIG REGT
16 SlgnAI ReRfim¢mt
Desi* Fw
0.00
283.53 ROOI SP SQN FUNDS
307.80 RO￿2 230 SIG SQN FUNDS
0.00 R￿3 255 SIG SQN FUNtys
387.29 Rc￿ AGC SPS FUND
0.00 ROOS WELFARE FUND
176.62 RLIJ6 IAD FUND
O.(K) R007 COS LEAVfNG FUND
37.40 R008 CHARITY CONTRIBLrrioNS
O.IXI R(i19 NOT TO BE USED
0.00 ROIO 207 SIG SQN FifNDS
IJ07.41 ROI1 247 SQN SUBS
37.03 R012 SP SQN IMPROVEMENTS
O.I)O R013 230 SQN IMPROVEMENTS
206.57 R014 247 SQN BEWF
92.c￿l R015 262 SQN FLfNDS
915.Th1 R020 EX DRAGON CRUSADER SKI 23r24
142.96 R021 EX ALPINE MERCURY GLACIER 23
O.I)O R022 Ex NMG
0.00 R050 CSOS OFFICE PRINTER INK
0.00 RIOO ORtENTEER]NG
16.31 RIOI FCM)TBALL
317.40 R102 RUGBY
338.40 R103 TRIATHLON
0.00 R104 NOTTO BE USED
0.00 RIOS EX NCA
0.00 R106 CARP FISHTr4G
0.00 R107 EX MERCURY SNOW IUDER
0.00 R108 EX MERCURY GLACIER
0.00 R109 EX NORDIC MERCURY GLAZIER
1274.14 RIIO 16SR L3 AT
O.LKI Rl I I EX KRONOS HUNTER
O.fy) RI12 EX BALTIC MERCURY
O.W RI13 EX DIAMOND JAVEL
O.fA) RI14 EX SNOW JACK 10
O.(K) ILI15 Ex DIAMOND FREEFALL
743.29 RI 16 EX ALPINE MERCURY GLACIER
0.00 R117 EXAAC
45.00 R118 MTB FUND
IIJ06.71 R119 SKING FUND
0.00 R120 EX DL4GON ￿R￿0A GARDA
0.00 R121 EX MALAYA SAIL 16
0.00 R122 BOSC
224.IN) R123 EX DRAGON CRUSADER TREK
0.00 R124 EX FROSTED BLADE
0.00 R125 EX SPARTAN HIKE
o.th) R126 EX DRAGON BAHRAIN ICE
986.19
171.44
638.78
176.62
37.40
0.00
o.fy)
12410.93
37.03
o.(y)
792.13
727.22
3.360.fNJ
0.01
o.
o.
16.31
317.40
338.40
0.00
o.
0.00
o.
53.45
1,274.14
0.00
19329
45.
8.429.58
0.00
o.
224.00
25.00

Page3of 4
Printed: 1210512025
PRI 16 SIG RECT
16 Si8D41 Reglm¢ryt
of
0.00 R128 EX DRAGON MALAYA TAHAN 17
O.CK) R129 EX DRAGON JERBOAAPHRODITE
0.00 R130 EX DRAGON MAIAYA HARZ
O.(J) R131 EX PIPEtKbWN
0.00 R132 EX CARJBBEAN EXPRESS
0.{￿ R133 EXERCISE CRUSADE STUDY
0.00 R134 ANGLfNG FUND (FISHING)
O.fA) R135 EX CERTA CITO TASMANLA
0.￿ R136 WO & SGTS ￿lAL FUND
O.(K) R137 LEAGUE 95 COMPETITION
O.(XI R138 EX DRAGON TRAIL2
0.￿ R139 PROJECT BIG HAPPINESS CRUSADER
0.00 R140 LfNKNOWN CREDITORS
50.33 R141 MORIUSON CUP
Q.00 R142 GURXA TW21
0.00 R143 REGTL PHO￿RAPH
0.00 R144 NUMEGEN
4(￿.￿ R145 EX DCT (Slovenia)
0.￿ R147 Ex KIIUKUIU DRAGON IBavarii)
0.00 R148 Sthtion Int D•y
0.00 R149 Si Eli8uis Event
0.00 R150 Ststith Kid8 Xmas Ev¢Tht
0.00 R151 EX CRU&4DE SWING
0.00 R2Tr) NOT TO BE USED fN THISACCOUNT
0.(￿ R299 DASFL41N FUND
0.00 RJOO CORP DINNER NIGHT
61.18 R301 SSU JNCO FUND
0.00 R891 NOT TO BE USED IN THISAccouKr
O.(KJ R892 NOT TO BE USED fN THIS ACCOUNT
O.(K) R893 NOT TO BE USED IN THISACCOUNT
O.CKI R894 NOTTO BE USED IN THIS ACCOUNT
O.Tr) R895 NOT TO BE USED ￿ THIS ACCOUNT
0.00 R896 NOT TO BE USED ￿ THIS AccouKr
O.(rf) R897 NOT TO BE USED tN THIS ACCOUNT
0.00 R898 NOT TO BE USED tN THIS ACCOUNT
O.I)O R899 NOT TO BE USED N THISAccouKr
o.
0.00
0.00
o.(x)
0.00
0.00
323.14
o.(N)
0.00
0.00
2.492.43
125.00
0.00
212.85
0.00
O.CN)
0.00
0.00
o.
o.
18.870.37
22237.76
0.00
Trnlin8 and Gewal Fw)ds
(2J09.05) Trading surplu5
(4,C41.40)
10,015.67 Purwise FuDd swplu5
7.506.62 Trndllig & GPF swphts
94.169.(lfj Bkn at lastiMlarKe sh¢¢t
(12.810.74)
(16.852.14)
101.675.68
101.075.68 AC¢uM￿ & GPF
84,823.54
120.546.05 Gmd totsl
InrynLI ?4ry

Bx14Ke Sbeet. Mveh 2025
Page 4 of 4
Printed: 12A15ll025
PIU 16 SIG REGT
16 SlgD81 Reprn￿t
Siptitsr ofAIC HoldexffiuTrl M
STwure of M
Lo
L+ Qts

Internal Auditor'slAudit Board Report
I have examined the books of account and records from which the final accounts were preparoa and
have obtained all the inforniation and explanations that were necessary for the pury)ose of my internal audit.
I c¢rtify that end of period checks has been conducted in accordance with Service Funds Regulations.
Subject to the ob￿atIonS given below l am satisfioj th* proper books of account have been kept and
that the final accounts give a true and fair view of the results of transaction5 over the p¢riod and of the state
of the Fund's affairs as at the date of the balance sheet. Subject also to myanalysis, l am satisfi¢d that cash
and bank balances and stocks oh hand have been pmpffly checked at prescribed inte￿alS and that adequate
insurance exists.
I have stamped and signed the 0ri8inai books of account and the original rccords I have checked. All
vouchers relating to this account peri(Kl have beffl cancelled.
I have made the fr>llowing obs¢Mtions whilst carying oul the internal audit:
Previous obs¢rvations have been actioned.
Additional Comments:
Irregular Oceurren¢e￿AC11Vllty
a. Nil.
Fund MaDagerlHandover
b. The fund has nol been handed over within the l&st 12 rnonths as it is no longer r4uired by SFRS. The
Fund Manager has ¢<)mpleted the mandated trainin&
Debtors
c. Th¢ fLmd holds minimal debtors (£125.￿) although they ar¢ over 3 months and should be.cleared.
Credltors
d. The Creditors list shows a significant valu¢ although this is largely due to the purthaselsale of the PRI
minibus and is not a matter of concern.
Restrlcted Fund Analysis
e. Some Restricted funds have not been used in the past 12 months and are recommended to be clos¢d.
GPF Analysi5
f. NIA
19

Insurance
Insuran¢¢ Cost allocated to the PRI was £2780.16 from 24 Jun 24 to 23 Jun 25 with Towergaie Insurance.
The total cost of the Insurdnc¢ covers the CBA. PRI (including all Sqns), th¢ Warrant Officer's &
Sttgeant's, Mess.
Depreeiatlon
h. Property depreciation l appr￿latiOn was conducte41 for th¢ minibuses as per SFRS..
Property
i. IOIY/o propety checks have been conducted dwmg this audit pttiod.
Lfieenees
j. PRI does not hold TV or any other licences.
ians
k. Nil.
Subscrlptions
l. Subscriptions are collected as per directions. via mess bills for Officers, WOS & SNCOS and via Sqns fr>r
JNCOS and Ptes. Subsoiptions have not changed during this audit period and continue to fund the Regim¢nt
and Corps sporting and other cohesion events. MT. SFM and FM are continuously reminded to Teview and
confinn they are content with the amount.
Write-off
m. No WTit¢ offs during this audit period.
Galnshare
No gainshare during this audit perlod
Inve$tnJents
o. PRI holds an investment with St James's Place. This year's investrnent valuation was received Ls at 31
Dec 24 at a value of £49,498.tKI. This is subject to fluctuatioL The inv￿tment has bcen moved to an
alternative fund this period which it is hop￿ will provide a stronger return over time.
Trading
p. There is a PRI shop holding minin￿1 stock for the benefit of the Regt. The valu¢ for the end of year stock
is £5,784.93 a decrease of £2,365.27 from the previous year. Monthly stock check8 and stock reconciliation
are carried out by the ROO with assistance from welfare staff.
20

General Commellts
q. The Regirn¢ntsl minibuses genffat￿ £4,305.(Ki duTing this audit petiod and incurred a cost of £3.393.45
on pats and services. Meanwhil4 the EM)uncy ￿tle £800.CKJ in income at the end of the year. An
overall steady profit from their opcration and a sigoifi(xot benefit to the Regiment.
r. This fjjnd has been re-registered with th¢ Clwities COMMI￿0￿ it was d￿egistered in e￿r as a result of
188t year's rel￿.
This fund is overall in good financial order. with low debtors and crnlitors (with the ¢xception of the
minibus purthase) during the year. The fund is well ￿%¢(L and 81l0tment￿p&Yrnfflt are diSCw8￿ on the Regt
Financial Planning and PIU Meetings.
Signature
Name
Date".
L SS
Appointhient
RAO
21

ComdlS02 SPS- IndependeDt Examiner's Report on the Aeeounty 2nd Comments
¢¢tive Res
nsibilities of Trustees and Examiner
The Charity's Trustees arerespon5ible for Ihe Pr￿aratiOn of the accounts. Th¢ Charity's Trustees consider
that an audit is not required for this year (under section 43(2) of the ChaTiti&s Act 1993 (th¢ Act) and that an
independent examination is need¢d.
It is my responsibility to:
Examine the accounts (under section 43(3Xa) of the Act).
Follow the procedures laid down in the Genual Directions given by the ChaTity
Comrnissioners (under section 43(7Xb) of the Act).
stste whdher particu18r mattf3S have come to my attentio
Basis of Ind
endent Examin
Statement
(y examination was caTried out in accordance with Generdl Directions given by the Charity
Commission¢rs. An examination includ¢s a review of the accounting records kept by th¢ charity and 2
comparison of the accounts presented with those r¢cords. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the tnLStees concerning any such
Matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and
consequently I do not expr￿ an audit opinion on the ac￿unts.
Inde
endent Examincr's Stat
ent
In ¢onnection with my examinatio￿ no matter has com¢ to my attention (other than that disclos
overleaf*):
Which gives me reasonable &?￿e to believe th* in any material respect the Tquirements:
(i)
To keep accounting rv￿rdS in accordance with section 41 of the 1993 Act:
(2) To prepare ac(x)unts which accord with the accounting records and comply with th¢
accounting requirements of the Act:
have not bc¢n met.
To which. in my Opinio￿ attention should be drawn in order to enable a prow understanding
of the accounts to be reached.
* Delete as applicthle.
22

ComdlS02 SPS - Independent Examiner's Report on the Ae¢ounty and Comments
Disclosute Scction (thly to be 0)mple￿I if the examiner nceds to highiigbt matsial
problemsldiscrepancies)
Give here brief details of any items that the examiner wisbcs to disc108e
ComiVS02 SPS C
tudep¢ndent Examiner's Signature
Name
Date..
AP￿1]ntnI￿
aoifjfj