2023-03-31-accounts

THE YEOMANRY TRUST

REPORT AND FINANCIAL STATEMENT FOR THE PERIOD FROM THE DATE OF ITS REGISTRATION WITH THE CHARITY COMMISSION ON 27[th] JULY 2022 TO 31[st] MARCH, 2023

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THE YEOMANRY TRUST

TRUSTEES

Lord de Mauley TD, chairman (appointed for four years from 27th July, 2022) Brigadier HJ Robertson QVRM TD (appointed for three years from 27th July, 2022) Colonel Simon McMenemy TD (appointed for three years from 27th July, 2022) Colonel JF Penley OBE TD (appointed for two years from 27th July, 2022) Colonel MA Campbell OBE FRSE (appointed for four years from 27th July, 2022)

CHARITY NUMBER 1199821

CORRESPONDENCE ADDRESS

Canford Lechlade Glos GL7 3QJ

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THE YEOMANRY TRUST

CONSTITUTION

The Yeomanry Trust was registered on 27th July 2022 under the constitution of a Charitable Incorporated Organisation.

CHARITABLE OBJECTS

The objects of the Yeomanry Trust are:

1. To promote the efficiency of a Yeomanry Regiment or Yeomanry Regiments in such charitable ways as the trustees may decide, in particular but not exclusively, by:

2. a. fostering esprit de corps among serving and former members of any one or more Yeomanry Regiments;

3. b. preserving the traditions of any one or more Yeomanry Regiments.

4. 1. Providing and commissioning and maintaining a memorial or memorials to those members who have died in the service of their country, including the Yeomanry Regiment in which they served.
5. 1. Definitions “Yeomanry Regiment” means any regiment which at any time since 1901 has been a member of the Yeomanry force, any former or present Yeomanry Regiment including the First Aid Nursing Yeomanry or unit of the Territorial Army or Army Reserve and any sub-unit which represents or replaces a former Yeomanry Regiment, and “Yeomanry Regiments” means more than one Yeomanry Regiment. “Members” for this purpose means all serving and former serving members of (including persons attached for more than four months to) a Yeomanry Regiment.

APPOINTMENT OF TRUSTEES

There must be not less than three and not more than nine appointed trustees. Apart from the first trustees, every trustee must be appointed for a term of four years by a resolution passed at a properly convened meeting of the trustees. In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

DECISION MAKING BY TRUSTEES

A decision may be taken either at a meeting of the trustees or by resolution in writing (including in electronic form) agreed by a majority of all of the trustees. A resolution shall be effective provided that a copy of the proposed resolution must have simultaneously been sent to all of the trustees, and that a majority of all the trustees has signified their agreement in writing.

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THE YEOMANRY TRUST

BALANCE SHEET

AS AT 31st MARCH 2023

Fixed assets Intangible assets Tangible assets Current assets Stock Debtors Cash Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Provisions for liabilities Net assets Reserves Signed de Maul ey Signed Trustee	31/03/23	31/03/23	31/03/23
	£ Nil Nil		£ Nil 2,224
	Nil 2,224 Nil
	2,224 Nil
			2,224 Nil Nil
			2,224
			2,224
			JF Pen ley Trustee

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THE YEOMANRY TRUST

INCOME AND EXPENDITURE

PERIOD FROM REGISTRATION ON 27th JULY, 2022 TO 31st MARCH, 2023

Incom e Donations Expenditure Raising funds Charitable activities Total resources expended Net income for the period	P/E 31/03/23
	£ Nil Nil	£ 2,224
		Nil
		2,224

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THE YEOMANRY TRUST

ACCOUNTING POLICIES

The Yeomanry Trust makes up its accounts using the cash accounting basis, so that it records receipts in the period in which they are received and expenses in the period in which they are paid.

FINANCIAL REVIEW

The Yeomanry Trust has received a modest amount of income from donations during the period which, there having been no expenses, it holds as reserves. They are shown as debtors because as at the balance sheet date the Yeomanry Trust was awaiting the opening of a bank account in its name, the funds therefore being held to its account.

POLICY ON RESERVES

The policy of the Yeomanry Trust on reserves is to build up a fund from which to commission a memorial to those members of the Yeomanry who have died in the service of their country to be erected at the National Memorial Arboretum, Alrewas.

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