Service Non Public Funds Final Accounts, Army Form N1514 Managing Trustee’s Report, Internal Audit (Rev 11/09) Board Report and Independent Examiner’s Report (SORP 2005 compliant) Regimental Accountant Scheme
Unit MAB1 Address STIRLING LINES, HEREFORD, HR4 7DD In respect of PRI Fund/Charity the Charity Commission/Regulator registered 5077227 number For the period from 01 APR 2024 to 31 MAR 2025
Managing Trustee(s) during the period:
| From | 01 APR 2024 | to | 31 MAR 2025 | Name | LT COL MACRAE |
|---|---|---|---|---|---|
| Fund Manager(s) during the period: | |||||
| From | 01 APR 2024 | to | 31 MAR 2025 | Name | MAJ D GARD |
| Internal Auditor(s) during the period: | |||||
| From | 01 APR 2024 | to | 31 MAR 2025 | Name | CAPT S CALLABY AGC(SPS) |
Associate Auditor(s) during the period:
Regimental Accountant(s) during the period:
| From | 07 MAR 2025 | to | 31 MAR 2025 | Name | CPL J FITZPATRICK AGC(SPS) |
|---|---|---|---|---|---|
| From | 18 MAY 2024 | to | 07 MAR 2025 | Name | MR B GIGG(E1) |
| From | 01 APR 2024 | to | 18 MAY 2024 | Name | CPL N AMO AGC(SPS) |
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Notes to the Accounts (Paras 2 to 12 are to be completed by all funds which have a gross income of £100K or over and those funds already registered with the Charity Regulator, all other funds are to complete Paras 6 and 7 and the declarations at Para 12):
1. Principal Accounting Policies
a. Accounting Convention. The financial statements are prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ (SORP) 2005 (http://www.charitycommission.gov.uk/investigations/sorp/sorp05docs.asp)
b. Incoming Resources. Income is recognised in the period in which the charity is entitled to receipt, and the amount can be measured with reasonable certainty. Grants from other agencies including donations and other income from activities are in furtherance of the charity’s objects and are part of the general funds of the charity. A restricted fund is only recognised where this is an agreed and explicit condition of the grant or donor.
c. Intangible Income. Due to the close collaborative relationship and the manner in which the charity’s activities compliment those of the Army, intangible income, reflected in time and use of premises is not quantifiable or measurable and so is not recognised in the accounts.
d. Resources Expended and Basis of Allocation of Costs. Expenditure is included when incurred or exceptionally where a commitment is made which requires an accrual when payment is to be made in the subsequent accounting period. Similarly, where prepayments are made in recognition of commitments falling due in a subsequent accounting period, the appropriate credit is entered in the accounts and reversed the following year. Grants payable are included in the SOFA when approved by the Managing Trustee. Expenditure is recognised in the period in which it is incurred. The majority of costs are directly attributable to specific activities. Irrecoverable VAT is charged to the activity for which it was incurred.
e. Governance Costs. Governance costs are the costs of professional advice, holding trustee meetings or committee meetings associated with decision making, any fee for audit or independent examination and any fee incurred in the preparation, statutory filing, printing or copying of the annual report and accounts.
f. Capitalisation and Depreciation of Tangible Fixed Assets. All assets having a purchase value of more than £500 are capitalised. The cost of tangible fixed assets are written off by equal annual instalments over their expected useful lives using the following methods of depreciation:
Furniture, fixtures and equipment - Straight Line over a period of 2 – 10 years. Motor vehicles - Straight Line over a period of 2 – 10 years.
Assets with a life of more than one year but with a purchase value of below £500 are included within the inventory but the cost is written off in the year it is incurred and is not depreciated over the useful life of the asset. Where the asset is depreciated over a period of more than 10 years, details of the item and period are to be provided following the notes on page 14.
g. Fixed Asset Investments. Fixed asset investments are included at market value at the balance sheet date. Any gain or loss on revaluation is shown in the Statement of Financial Activities (SOFA).
h. Stocks. Purchased stocks are valued at the lower cost or net realisable value making due allowance for any obsolete or slow-moving items.
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i. Funds Accounting. Funds held by the charity are:
(1) General Purpose/Unrestricted /Designated Funds. These are funds that can be used in accordance with the charitable objects at the discretion of the Managing Trustee. Designated funds are unrestricted funds which have been allocated/earmarked for a particular purpose by the Managing Trustee and are to be declared in the Managing Trustees comments in accordance with Para 12 to these notes stating what they are intended to be used for and when.
(2) Endowment Funds. Endowment funds are those investments and other gifts accepted by the unit, the capital sum or property being held in perpetuity and the income only being available for charitable use.
(3) Restricted Funds. These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is to be included in the notes to the accounts.
j. Heritage Assets. In the course of the unit’s history, the charity may have acquired gifts, memorabilia, regalia, silverware, antiques and other historical artefacts in the course of distinguished military service in service of the Crown. The value of these pieces is in large part derived from their close association with Regimental history which precludes the use of conventional valuation techniques being applied. Whilst the objects of the charity do not specifically include preservation and conservation, the pieces represent an essential element of celebrating the unit’s history and foster esprit-de-corps. Consequently the Managing Trustee considers the charity to hold heritage assets both for functional use and as an element of national history on behalf of the nation. Heritage assets acquired prior to 1 Apr 06 are therefore not capitalised on the balance sheet but a description of those assets is disclosed as part of the notes to the accounts. Heritage assets acquired after 1 Apr 06 where the purchase price is known and which exceed £500.00 are included in the balance sheet at acquisition value but are not depreciated.
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k. Other Costs. Other costs are those costs not incurred in the undertaking of charitable activity in furtherance of the objects of the charity, i.e. the provision of facilities, recreational programmes or activities in furtherance of military efficiency. They are also costs incurred in the making of grants and donations, in the costs of generating funds, i.e. the costs incurred in trading or fundraising undertaken by the charity, or in governance costs.
2. Grants Made. (if total grants are over 5% of the charity’s total expenditure).
The charity made the following grants/donations:
Grants to institutions
| rants to institutions | |||
|---|---|---|---|
| Name of institutions | Purpose | Total number of grants given |
Total amount of grants paid |
| N/A | |||
| Total grants to institutions | |||
| rants to individuals | |||
| Purpose | Total number of grants given |
Total amount of grants paid |
|
| Flowers | 5 | £250 | |
| Total | 5 | £250 |
Grants to individuals
3. Related Party Transactions & Remuneration and Expenses
Whilst the charity has a close working relationship with the Army, there are no transactions with the Army which require disclosure under SORP 2005. The only transactions made by the charity in favour of the unit are wholly attributable to the charitable activities of furthering military efficiency. The Managing Trustee is an officer or equivalent and fulfils the role as trustee in accordance with the applicable laws and regulations. No expenses have been paid to the trustee. In the event that expenses have been paid to the trustee these are disclosed under the Managing Trustee’s comments.
4. Analysis of Capital Property
| Fixtures, fittings & equipment £ |
Motor vehicles £ |
Total £ |
|
|---|---|---|---|
| Balance b/f | £11,984.02 | £0 | £11,984.02 |
| Purchases | £0 | £0 | £0 |
| Sales & W/Os | £0 | £0 | £0 |
| Depreciation | £0 | £0 | £0 |
| Balance c/f | £11,984.02 | £0 | £11,984.02 |
- Total Value of Investments by Category
| Value £ | |
|---|---|
| Carrying value (market value) at beginning of year | £0 |
| Add additions to investments at cost (investments purchased) | £0 |
| Less disposals at carrying value (investments sold) | £0 |
| Add/(deduct) net gain/(loss) on revaluation (gain/loss at end of accounting period/audit) |
£0 |
| Carrying value (market value) at end of year | £0 |
Breakdown of Market Values at
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| Year End | GPF/ Unrestricted |
Restricted | Endowment | Total value | Income during year |
|---|---|---|---|---|---|
| Value £ | Value £ | Value £ | Value £ | Value £ | |
| Investment properties | £0 | £0 | £0 | £0 | £0 |
| Investments listed on a recognised stock exchange |
£0 | £0 | £0 | £0 | £0 |
| Investments held in unit trusts or other collective investment schemes |
£0 | £0 | £0 | £0 | £0 |
| Investments in subsidiary or connected undertakings and companies |
£0 | £0 | £0 | £0 | £0 |
| Securities not listed on a recognised Stock Exchange |
£0 | £0 | £0 | £0 | £0 |
| Cash held as part of the investment portfolio |
£0 | £0 | £0 | £0 | £0 |
| Other investments | £0 | £0 | £0 | £0 | £0 |
| Total | £0 | £0 | £0 | £0 | £0 |
6. List of Debtors
| Debtor | Date of Debt | Amount |
|---|---|---|
| NIL | ||
| Total |
-
There are no amounts falling due after more than one year (delete as appropriate).
-
List of Creditors
| Creditor | Date of Credit | Amount |
|---|---|---|
| NIL | ||
| Total |
- There are no amounts falling due after more than one year (delete as appropriate).
8. Paid Employees
| . | Paid Employees | ||
|---|---|---|---|
| This year £ | Last year £ | ||
| NIL | |||
| Total staff costs | |||
| ive the number of employees who were engaged in each of the following activities: | |||
| This year | Last year | ||
| Costs of generating funds | |||
| Charitable activities | |||
| Other | |||
| Total | £0 | £0 |
Give the number of employees who were engaged in each of the following activities:
No individual employee received a salary of over £60000.00
- Governance Costs
| This year £ | Last year £ | |
|---|---|---|
| Audit or independent examination fee | £0 | £0 |
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10. Restricted/Endowment Funds
Give details of the movements of the individual funds summarised in the restricted and endowment column of the Statements of Financial Activities (SOFA).
| Fund Name | Fund Bal B/F |
Incoming Resources for period |
Outgoing Resources for period |
Transfers | Gains and Losses |
Fund Bal C/F |
|---|---|---|---|---|---|---|
| R001 MAB1-3 SQN | £184.60 | £169.50 | £269.50 | £0.00 | -£100.00 | £84.60 |
| R003 MAB1-3 SQN | £1,405.75 | £0.00 | £1,195.00 | £0.00 | -£1,195.00 | £210.00 |
| R005 MAB1-4 WELL-BEING |
£300.00 | £0.00 | £0.00 | £0.00 | £0.00 | £300.00 |
| R006 MAB1-7 | £0.00 | £500.00 | £0.00 | £0.00 | £500 | £500.00 |
| R007 MAB1-9 | £1,963.69 | £646.00 | £2,340.65 | £0.00 | -£1694.00 | £269.24 |
| R008 MAB1-IXW | £25.00 | £100.00 | £100.00 | £0.00 | £0.00 | £25.00 |
| R013 RSM | £608.66 | £4,000.00 | £4,283.74 | £0.00 | -£283.74 | £324.92 |
| R016 PRI PROFIT SHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R022 SFC ASSOCIATION |
£4,892.05 | £6241.06 | £7,953.07 | £0.00 | -£1712.01 | £3,180.04 |
| R025 PARTNER’S DINNER NIGHT |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R030 AGC (SPS) DET |
£767.41 | £816.50 | £625.43 | £0.00 | £191.07 | £958.48 |
| R033 HOPLITE GOLF LINKS |
£1,190.78 | £19,096.75 | £17,110.72 | £0.00 | £1,986.03 | £3,176.81 |
| R057 HAC DINNER NIGHT LONDON |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R080 EX DRAGON TROLL |
£0.00 | £5,300.00 | £2,800.00 | £0.00 | £2,500.00 | £2,500 |
| R082 SFC STATUE | £1,575.06 | £0.00 | £1,575.06 | £0.00 | -£1,575.06 | £0.00 |
| R088 EX DRAGON DESCENT |
£867.32 | £78,717.92 | £57,782.99 | £0.00 | £20,934.93 | £21,802.25 |
| R090 EX MERCURY RIDER |
£0.00 | £4,830.00 | £2,380.00 | £0.00 | £2,450.00 | £2,450.00 |
| R091 EX DRAGON KITE LOOP |
£0.00 | £1,100.00 | £1,100.00 | £0.00 | £0.00 | £0.00 |
| R300 GAINSHARE | £6.00 | £0.00 | £0.00 | £0.00 | £691.74 | £697.74 |
| R302 MAB1-3 GAINSHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R304 MAB1-4 GAINSHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R305 MAB1-7 GAINSHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R306 MAB1-8 GAINSHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £6.00 |
| R307 MAB1-IXW GAINSHARE |
£500.00 | £0.00 | £0.00 | £0.00 | £500.00 | £500.00 |
| R308 MAB1-RM GAINSHARE |
£0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| R309 MAB1-9 GAINSHARE |
£139.00 | £0.00 | £136.00 | £0.00 | -£139.00 | £0.00 |
| R310 MAB1-RHQ GAINSHARE |
£500.00 | £0.00 | £0.00 | £0.00 | £0.00 | £500.00 |
| R946 QGS BEWF GRANT |
£620.00 | £0.00 | £0.00 | £0.00 | £0.00 | £620.00 |
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R979 FUNERAL £0.00 £1.500 £1,500 £0.00 £0.00 £0.00 GRANT
A brief explanation as to the nature and purpose of the charity’s Restricted Funds is to be provided.
| Name of Restricted Fund |
Purpose of fund |
|---|---|
| R001 MAB1-3 SQN | For good and benefit of MAB1-3 personnel |
| R003 MAB1-3 SQN | For good and benefit of MAB1-4 personnel |
| R005 MAB1-4 WELL- BEING |
For good and benefit of MAB1-4 personnel |
| R006 MAB1-7 | For good and benefit of MAB1-7 personnel |
| R007 MAB1-9 | For good and benefit of MAB1-9 personnel |
| R008 MAB1-IXW | For good and benefit of MAB1-IXW personnel |
| R013 RSM | For good and benefit of MAB1 personnel |
| R016 PRI PROFIT SHARE |
PRI profic share from MAB1 Reg Accountant |
| R022 SFC ASSOCIATION |
For good and benefit of past and present SFC personnel. |
| R025 PARTNER’S DINNER NIGHT |
Annual partner’s Dinner Night |
| R030 AGC (SPS) DET | For good and benefit of AGC (SPS) Det |
| R033 HOPLITE GOLF LINKS |
For annual golf trip |
| R057 HAC DINNER NIGHT LONDON |
New fundraiser event |
| R080 EX DRAGON TROLL |
Ski event for MAB1 personnel |
| R082 SFC STATUE | Donation income for MAB1 statue |
| R088 EX DRAGON DESCENT |
MAB1 annual skiing exercise |
| R090 EX MERCURY RIDER |
MAB1 Annual cycling event |
| R091 EX DRAGON KITE LOOP |
Kite surfing exercise |
| R300 GAINSHARE | Gainshare received from MAB1 for the benefit of all Army Regular |
| R302 MAB1-3 GAINSHARE |
For good and benefit of MAB1-3 personnel (primarily JNCOs) received from MAB1. |
| R304 MAB1-4 GAINSHARE |
For good and benefit of MAB1-4 personnel (primarily JNCOs) received from MAB1. |
| R305 MAB1-7 GAINSHARE |
For good and benefit of MAB1-7 personnel (primarily JNCOs) received from MAB1. |
| R306 MAB1-8 GAINSHARE |
For good and benefit of MAB1-8 personnel (primarily JNCOs) received from MAB1. |
| R307 MAB1-IXW GAINSHARE |
For good and benefit of MAB1-IXW personnel (primarily JNCOs) received from MAB1. |
| R308 MAB1-RM GAINSHARE |
For good and benefit of MAB1-RM personnel (primarily JNCOs) received from MAB1. |
| R309 MAB1-9 GAINSHARE |
For good and benefit of MAB1-9 personnel (primarily JNCOs) received from MAB1. |
| R310 MAB1-RHQ GAINSHARE |
For good and benefit of MAB1-RHQ personnel (primarily JNCOs) received from MAB1. |
| R946 QGS BEWF GRANT |
Welfare specific to QGS personnel |
| R979 FUNERAL GRANT |
For the benefit of MAB1 members /their families for the specific purpose of funeral costs. |
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11. Heritage Assets.
Heritage assets that are owned by the charity but purchased/acquired prior to 1 Apr 06 are not included in the charity’s capital property value (see note 1.j). A list/description of these assets is below:
Commanding Officer’s board RSM’s board Visitors book Regimental History Book Regimental History glass book stand SFC wings, belt and brass on wooden board Xiphos sword/sheaf/SFC emblem and brass plaque on wooden board
12. Declarations
All of the charity’s commitments are provided for in the accounts.
No guarantees have been given to third parties.
The charity has not received any loans that are outstanding at the year-end and secured on assets.
The charity has not granted any loans to institutions or companies connected with the charity.
The charity did not make any ex-gratia payments during the year.
Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed.
The financial activities, assets and liabilities of all the charity’s branches or sections have been included.
The trustees have not changed the year end date or the length of the charity’s financial year.
The charity has no designated funds (if there are designated funds the reason for designation and when each designated fund is intended to be used by is to be stated in the Managing Trustee report).
All the charity’s operations are continuing operations and there were no operations discontinued or acquired during the year.
No funds (unrestricted, designated, restricted or endowment) are in deficit at the balance sheet date.
The charity has no intangible assets.
There were no inter-fund loans outstanding at the balance sheet date.
None of the charity’s functional fixed assets have been re-valued during the year and the charity does not have a policy of revaluation of these assets.
The charity has no subsidiary companies.
The charity has no material fixed assets which have not been capitalised and included in the balance sheet.
No internal transfers have occurred out of restricted/endowment funds. In the event that a transfer has taken place, full details of the reason for the transfer are disclosed in the Managing Trustee’s comments.
All investments held are investment assets in the UK unless otherwise stated.
Note: Where any of the declarations are not correct, they are to be crossed out and details provided in the Managing Trustees comments.
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Additional comments:
Property check has been conducted in line with my HOTO to the new FM. Findings from that investigation will inform the category of the property held for the RAO.
I am content the fund is being ran inline with ScF and that are restricted funds and GPF are being correctly monitored and assured. I have no further comments at this time.
Date:
Signature Name CAPT M SECKER Appointment Welfare Officer
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Managing Trustee’s Annual Report and Comments:
Unit: MAB1
Address: MAB1 RHQ, Stirling Lines, HEREFORD, HR4 7DD
In Respect of the PRI FUND
Charity name and Charity Commission/Regulator registered number: N/A
Description of the charity’s trusts
This should include:
a. Details, including date if known of the charity’s governing document (e.g. trust deed, will, constitution etc); and
b. A brief explanation of the charity’s objects.
Where applicable, you may choose to give details of any specific investment powers of the charity.
| Governing Document (e.g. Trust Deed, Constitution) |
Service Fund Regulations PRI Fund Constitution adopted by the fund on 06 DEC 21 Regimental Standing Orders Queens Regulations 1975 |
|---|---|
| Objects of the Charity | The promotion of efficiency of the Armed Forces of the crown by the provision and support of facilities and activities for the efficiency and well-being of service personnel. |
Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended.
| Trustee selection method |
Managing Trustee selected on appointment as Commanding Officer. |
|---|---|
| Trustee induction and training |
The Managing Trustee has attended the Commanding Officer (Designate) Course. The Senior Fund Manager is required to complete the FM e-learning Course which is hosted on the DLE within 1 month of assuming the appt. |
Explain about what the charity is trying to do and how it is going about it. You are only required to provide a brief summary of the main activities and achievements of the charity during the year in relation to its objects.
| Summary of main activities in relation to the Charity’s objects |
To provide all members of MAB1 to facilitate functions, events and adventure training through grants and donations from the fund. |
|
|---|---|---|
| Summary of main achievements of the Charity during the year |
~~Nothing significant during this financial year . Routine support to Sub Unit~~ ~~cohesion Events as well as support to Adv Trg & Sport related activity where~~ ~~the PRI fund has been approached.~~ |
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Provide a brief review of the financial position of the charity. This should include the principal types of income.
| Financial Review | The principal income for the PRI fund remains that of Subscriptions received by the Sub Units for either the GPF or into the relevant restricted Funds. |
|
|---|---|---|
The Managing Trustee should give in their report a description of the following policies:
-
a. For the selection of investments for the charity.
-
b. For determining the level of income reserves held, stating and explaining the level of reserves held.
c. Where grants are made by the charity, the selection of individuals and institutions who are to receive grants out of the assets of the charity.
| Financial reserves policy |
No Reserves policy for this fund at present. |
|---|---|
| Investments selection policy and performance of those investments. |
Not applicable |
Provide the name of all trustees/the Managing Trustee(s) during the report year.
| Managing Trustee’s name/trustees’ names |
LT COL J MACRAE |
|---|---|
| Serious Incidents | Nil |
| Public Benefit Statement |
The fund provides public benefit by assisting service personnel to more effectively perform roles withing the Armed Forces of the Crown. This assistance enables service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork, fitness, skills, confidence, character, spirit and attitude , and morale* As a result the fund promotes the efficiency of the Armed Forces of the Crown by enhancing the British Army’s capability to undertake the roles demanded of it including the defence of the United Kingdom and its interests. I confirm I have paid due regard to the Charity Commission of England and Wales’s guidance on public benefit when deciding what activities the charity should undertake. |
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*delete as appropriate.
** replace with wording appropriate to activities of fund e.g. ‘ providing and supporting mess facilities and social activities ’; or ‘ providing and supporting sporting and adventure training activities.
Additional comments (include any declarations which were not correct (Pg 10-12)):
The PRI is usually the lifeblood of the Regt and good PRI management, and expenditure should be reflected as a metric of unit health. However, the units HOPLITE charity intertwines with the PRI making the ability to spend money in other areas easier with less burden on the PRI. I would like the PRI to be supported more and used more by the Regt and will ask my SSMs at the next PRI meeting for ideas to improve subscriptions. I note the fund is in good health yet more could be done to improve the overall turnover. It is noted that there is a lack of requests for funding.
Date:
Signature Name LT COL J MACRAE Appointment Commanding Officer
Internal Auditor’s/Audit Board Report
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-
I ~~/We~~ have examined the books of account and records from which the final accounts were prepared and have obtained all the information and explanations that were necessary for the purpose of my/ ~~our~~ internal audit.
-
*I ~~/We~~ certify that end of period checks have been conducted in accordance with Service Funds Regulations.
-
Subject to the observations given below I am/ ~~we are~~ satisfied that proper books of account have been kept and that the final accounts give a true and fair view of the results of transactions over the period and of the state of the Fund’s affairs as at the date of the balance sheet. Subject also to my/ ~~our~~ observations *I am/ ~~we are~~ satisfied that cash and bank balances and stocks on hand have been properly checked at prescribed intervals and that adequate insurance exists.
-
*I ~~/We~~ have stamped and signed the original books of account and the original records I/ ~~we~~ have checked. All vouchers relating to this account period have been cancelled.
-
*I ~~/We~~ have made the following observations whilst carrying out the internal audit:
-
a. Management. The PRI Fund has had an ever-present FM who understands the purpose of the fund and has conducted his check accordingly. The RA has changed 3 time during the year with various degrees of experience. It is evident some booking on the gcodes have been booked the wrong way round but this has reduced since last year and the new RA is going to take action to further reduce these. The PRI saw a overall improvement in funds of £26,684.91
-
b. FM checks: Are conducted through email with all paperwork provided to the FM.
-
c. Stock check. All stock in fund reverted back to 0 on investigation.
-
d. Property. Was eventually inspected and findings will be produced and retro depreciation action recorded.
-
e. Write Off. See stock check comments.
-
f. Investments/Interest. As stated on with Gcodes interest payments looks like the main issue when booking the wrong way round this year. My RA will investigate and provide a process for the new RA to better understand the process.
Signature
Date:
Name CAPT S CALLABY AGC(SPS) Appointment RAO
Comd/SO2 SPS – Independent Examiner’s Report on the Accounts, and Comments
Respective Responsibilities of Trustees and Examiner
The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
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It is my responsibility to:
-
a. Examine the accounts (under section 43(3)(a) of the Act).
-
b. Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act).
-
c. State whether particular matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees 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 express an audit opinion on the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention (other than that disclosed overleaf*):
-
a. Which gives me reasonable cause to believe that in any material respect the requirements:
-
(1) To keep accounting records in accordance with section 41 of the 1993 Act:
-
(2) To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act:
have not been met.
b. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Delete as applicable.
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Comd/SO2 SPS – Independent Examiner’s Report on the Accounts, and Comments
Disclosure Section (Only to be completed if the examiner needs to highlight material problems/discrepancies)
Give here brief details of any items that the examiner wishes to disclose
Comd/SO2 SPS Comments
-
1) The Total Funds from financial activities have increased from £43,778.43 to £70,463.34 during this audit period.
-
2) The Expenditure of the Fund is in keeping with the income and assets of the fund.
Independent Examiner’s Signature Name _Maj Phil Carter____ Date: 16/12/2025 Appointment SO2 SPS 160X
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