2024-03-31-accounts - Suffolk & Norfolk Yeomanry Trust

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Trustees’ Annual Report and Accounts: Suffolk and Norfolk Yeomanry Trust Charitable Incorporated Organisation

Trustees' annual report for the period

Period start date Period end date ~~Da Mont Year Da Mont Year~~ From To Reference and administration details

Suffolk and Norfolk Yeomanry Trust Charity name Other names charity is known by 1192976 Registered charity number (if any) Charity's principal address Muckleburgh Military Collection Weyborne Sheringham Norfolk Postcode NR25 7EH

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
Simon Fowler	Chairman
Gary Walker	Secretary and Curator
Trevor Jones	Treasurer
Peter Britten	Trustee
_Brian Greengrass _	Trustee
Martin Long	Trustee
_Stephen Reynolds _	Trustee

Structure, governance and management

Description of the charity’s trusts

Constitution adopted 5 Jan 2021 Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Trustees are appointed or reappointed annually at the Annual Trustee selection methods General Meeting held in January (eg. appointed by, elected by)

Objectives and activities

	Objects
Summary of the objects of the charity set out in its governing document	The objects of the CIO are to hold the museum artefacts, the Regimental Silver Collection and all other assets and charitable funds currently held by the Trustees of a Scheme dated 27th September 1978 and a Trust
	created by a Deed dated 3rd February 1986 (charity no. 293764) to
	applythe same as follows:
	(1) Issuing grants to the Suffolk & Norfolk Yeomanry Associations for
Summary of the main	the relief of need of persons who have served in the former units
activities undertaken for the	comprising the Suffolk Yeomanry and the Norfolk Yeomanry and to the
public benefit in relation to	maintenance of the welfare of members of such Associations;
these objects	(2) Making donations to ex servicemen's hospitals homes or institution;
	(3) Ensuring that the Museum Artefacts are housed in an appropriate
	museum provided that satisfactory arrangements exist for the preservation
	maintenance and insurance of all such items: and
	(4) Ensuring the Regimental Silver Collection is kept in a safe location
	and fully protected and insured:

Achievements and performance

Summary of the main
achievements of the charity	The Trusts historical collection was available for viewing by the
during the year.	public throughout the reporting period, it being displayed in the
	Muckleburgh Military Museum, at no cost to the Trust and with
	the Museum covering the annual estimated insurance premium.
	A revised Deed, covering the safekeeping and display of the
	Trust’s assets, agreed by the Chair of Trustees with the owner of
	the Muckleburgh Military Museum is in place and is working
	satisfactorily for both parties.
	The Trust’s silver collection remains on display at the Royal
	Artillery Barracks, Woolwich, with items also being displayed at
	the Sandringham Flower Show in July, for viewing by the public.

Financial review

Brief statement of the charity’s policy on reserves

Cash at bank at 31/03/2024 was £621.95 in unrestricted funds. Held in investment accounts £17787.84 There has been little by the way of financial activity, this mitigated by reductions in the annual maintenance costs of the historical collection. In addition, there is little anticipated future expenditure, the investment fund being reserved for the needs of any future restoration projects, while the banked reserves are being reserved for routine expenditure.

Details of any funds materially in deficit

Not applicable

Further financial review details: (Optional information)

You may choose to include The main source of the Trusts unrestricted income is generated from additional information, the interest on investments held by the Charity. where relevant about: Outgoings are, however, minimal and there would be no degradation The charity’s principal of the charitable objectives were income from the investment source sources of funds (including decrease. any fundraising). How expenditure has supported the key objectives of the charity. Investment policy and objectives including any ethical investment policy adopted.

Other optional information

Future Plans

The coming year will see a continued emphasis maintenance of the Collection for the general viewing by the public and the making of historical records available for on line viewing via the Ogilvy Muster website.

Declaration

The trustees declare that they have approved the trustees’ report above. Signed

on behalf of the charity’s trustees

S Fowler Signature(s) G Walker Simon Fowler Gary Walker Full name(s) Position (eg secretary, Secretary Charman chair, etc)

Date 01 Oct 2024

Charity Name

Suffolk and Norfolk Yeomanry Trust

Receipts and payments accounts

	for the period	Period start date 31/03/2023	To		Period end date 31/03/2024

Period end date 31/03/2024

Section Accounts and Payments

Unrestricted Restricted funds funds 31 Mar 2023 to the nearest £

A1 Receipts

1 Receipts
Bank Account - Lloyds	621	-
Investments - NorthernTrust(98902)	4225	-
Investments – NorthernTrust (94612)	12282	-
Misc Income	-	-
Interest	0	-
Gift aid receipts	-	-
Sub total	17127	-

Total funds 31 Mar 2024

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621
4584
13203
-
-
-
18408
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Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets Signed (on behalf of all the trustees)	Unrestricted funds to nearest £ 621 17787 Restricted funds to nearest £ - -	Unrestricted funds to nearest £ 621 17787 Restricted funds to nearest £ - -
	621	-
	17787	-
	*18408*	-

	-	-
	-	-
Signed (on behalf of all the trustees)
G Walker