Nawy Re¢ord$ sO¢￿ty
8alènGe Sheet aj at 31st December 2023
202
Accurnu￿ted lund
Balance at 3151 Oecetnber 2022
SurplusiiDefioii lor the year
111.122
1,118
112.843
BaL8n￿ at 31st December 2023
£ 112.240
£ 111.122
Rep￿en￿￿ by
Assets
Bank balances
Bardays Bank
- Community accouni
High Interest account
- Income account
10,109
30.953
1.435
43A97
11.430
28 171
100
39.701
Coutts
Flxed A65et In¥e8trnents
at value
69.743
71.421
£ 112,240
111.122
Notss to the accounts
for Ihe yearended 31$t O•comb•r 2023
~.pai 3cco.vi.ng wlioes wnKh are adopted In ihe p￿paratiOn of the sOc￿ty,$
accounis are as lollows
Basls
un
The financial statemenis hove been prepared on a going concern basis under
Ihe hi$torKal ¢o$i ¢unveniion and In accordancÉ wrth Applica￿e Accounting
Slandards.
The Investments have been Induded In the aCC￿nts al market value
In acu>rdance w+th The Chairties Act 2011.
Statement f
ste£
onslbllltl8s
The Socvèly's rules requi￿ a¢counts 10 be prepared which give a Ift￿ and fair View ol I
slate of affaiTr al 31st December 2023 and of 115 ￿ceIptS and payments for Ihe ye3r then
pndgd. These sthtement5 are required to be examned by aa Jndependent examiner and
copies rna￿ availab￿ lo members
The So¢*iy Is ￿sponsIble aL%o for keeping proper a(￿U￿tir￿j records which disdose
with reasonabk accuracy finanual positson of the Souety and lor safeguarding Its
assels
)prove# by the Council t)n
Presi£kni
Treasurer
FhJL]P ￿7*7(.077

N8vy R&co￿$ Society
Re¢elpts and Payments k¢ount lftcludlng unreal￿ett Galn• and Loss￿ lorthe
Y8ar ended 31st December 2023
23
Recel ts
Subscnpiions
Paypal sub$tnptots$. lull
Paypavslnpe subseriptson5- ¥luéent
sinpe subscnplions
Inslrtutsonal subscnptions
Gift a￿j
Sa*8
oonal￿nS
PNCT fiJnding
Oividends an4 Interest
Royathes
9.255
5.604
1.536
12.053
4,099
1990
11.325
7.320
1.725
11,240
2.928
452
233
206
1.000
5,757
562
3.867
440
43,061
39.530
General editof s wsis
Upkeep of r￿mberShiP rewds and administrabon fee
Pnnling, pybli$hing. dr6tnbulion and edrtorial expenses
Online ed1tor
The Budington Partnersh
Irthxjry prop
5,535
3.567
12.822
6,189
6A80
2.483
3,189
5.400
3.980
13.179
5.892
5.400
3.187
£ 40,265
37.038
co
dsu
Deficit
for the
ar
1796
2,492
nre
Ins for
Gainiiio$$i on ¢hange in Ma￿et value on Invesknents
11.6781
14,2131
Total reco
lu81
nised and nis•d
lor th
1.118

Navy Records SoC￿ty
Statement ol Investments at 315t DeC•m￿r 2023
Cost al Market vglue Market value
31.12 2023 at 31.12.2023 at 31.12.2022
4.860.176 M & G Chanfund Income Units
6.491
69,743
71.421
6.491 £ 69.743
71.421
Market Value M&G
18
16
14
L2
io
M&G
2013 2014 2015 2016 2017 2018 2019 2020 2021 2D22 1023

Indepèndènt ExamineV8 Rep¢>rt to the Trustees ofthe
Nayy R¢¢ord$ Socknty
I report on ttte accounts of the Soaety for the year ended 31st Delxmber 2023. a￿ set out on the
pages attac
Re8peelh* ￿POn•1b11rtl¢¥ ol trus*e# •nd •Mmlnvr
As the dub's trusiee5 you a￿ responsible for the p￿Para￿v￿ ol the account5, you consKJer thai
e audrt requiren*nt of secton 144 of Ihe Ch8fttie$ Aci 2011 Ithe Act) Lfoe5 not apply. It 15 my
responsibility lo stale on ihe basis ol procedure$ specified In the General Directrons given by the
Charty Commisswr5 wttelher p8nK)J￿r matters have to my atttrnl>Dn.
Basts of ¢xamIn¢￿9 stOterN•nt
Myexaminabon wa5 ¢4rned out In acrL1r￿ance wrtm the General Direc*￿n9 given by the Chanty
Ctsmrnis510ners. An examinamn Includes a revith of the a¢£ounling records kept by Ihe chanty and
a ¢ompanson of Ihe accounts presented Wllh Ihoge records. 11 also iftdu¢Jes consKleration ol any
unusual Items or disclosures In the accounts and seeking explanations from you as trustee5
concerning any su¢h matters. The prO￿dureS undertaken do noi provide all Ihe eviden￿ Ihat woubj
be required In an audit. and conseouenlly I do not express an audit opinion on the view given by the
accounts
Ind•p•nd•nt examlngrf$ unq¥alffied •t•t•m•nt
In connection ￿th my examinabon. no matter has ¢(xne to rny attentxjn.
gw•$ rne reasonatAe cause to belw¢ thai In any rnaterial respeathe wuirements
- 10 keep ac£4yntln9 re¢o."05 In a¢cor#aTh￿ *rth section 130 of the Act and
- 10 prepare accounts which accoré a¢¢ountrng rEGords and 10 ¢ompty wrth the
accouniing requ1￿ments of the Act
have not been met.. or
lo which In my opini)fl attention shouhJ be in ord&r tc enable 8 proper
understanding of Ihe 8c¢ount$ 1¢ be reached.
Narre. M Robinson FCA
Rekvanl professional oualificatson or b¢dy Chartereil Accouniant
Address 223 South Coasi Roact Peac*haven East Sussex. BN1Q 8L8
Date
Il/dJ/ 2¢LV