| Page | ||
|---|---|---|
| Reference and Administrative Details |
||
| Report ofthe Trustees | 2 to | 5 |
| Independent Examiner's Report |
||
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 9 to | 15 |
| Detailed Statement of Financial Activities | 16 to | 17 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| Notes | f | f | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
85,314 | 108,838 | ||
| Other trading activities | 170 | 260 | ||
| Investment income |
21,119 | 22,220 | ||
| Other income | 1,402 | |||
| Total | 108,005 | 131,318 | ||
| EXPENDITURE ON | ||||
| Raising funds | 6,749 | 7,592 | ||
| Charitable activities |
||||
| Promoting the efficiency ofthe |
Parachute | |||
| Regiment and Airborne Forces |
134,388 | 72,904 | ||
| Commemorations and remembrance |
12,681 | 91 | ||
| Total | 153,818 | 80,587 | ||
| Net gains/(losses) on investments |
(187,198) | 78,633 | ||
| NET INCOME/(EXPENDITURE) | (233,011) | 129,364 | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
1,062,818 | 933,454 | ||
| TOTAL FUNDS CARRIED FORWARD | 829,807 | 1,062,818 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| Notes | E | E | ||
| FIXEDASSETS | ||||
| Tangible assets | 883 | 353 | ||
| Investments | 783,108 | 977,233 | ||
| 783,991 | 977,586 | |||
| CURRENT ASSETS | ||||
| Stocks | 10 | 28 | 193 | |
| Debtors | 11 | 12,929 | 19,104 | |
| Cash at bank | 41,375 | 72,084 | ||
| 54,332 | 91,381 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
12 | (8,516) | (6,149) | |
| NET CURRENT ASSETS | 45,816 | 85,232 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 829,807 | 1,062,818 | ||
| NET ASSETS | 829,807 | 1,062,818 | ||
| FUNDS | 13 | |||
| Unrestricted | funds | 829,807 | 1,062,818 | |
| TOTAL FUNDS | 829,807 | 1,062,818 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| f | E | |||||
| Stock sales | 170 | 260 | ||||
| INVESTMENT INCOME | ||||||
| 2022 | 2021 | |||||
| f | f | |||||
| Dividend | income | 21,119 | 22,220 | |||
| RAISING | FUNDS | |||||
| Investment | management | costs | ||||
| 2022 | 2021 | |||||
| E | E | |||||
| Portfolio | management | 6,585 | 7,334 | |||
| TRUSTEES' | REMUNERATION | AND BENEFITS |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Management | and administration | 2 | 2 | |
| No employees | received emoluments | in excess off60,000. |
| COMPARATIVES FOR T |
HE STA | TEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|
| Unrestricted | |||
| funds | |||
| f | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
108,838 | ||
| Other trading activities | 260 | ||
| Investment income |
22,220 | ||
| Total | 131,318 | ||
| EXPENDITURE ON | |||
| Raising funds | 7,592 | ||
| Charitable activities |
|||
| Promoting the efficiency | ofthe | Parachute | |
| Regiment and Airborne |
Forces | 72,904 | |
| Commemorations and remembrance |
91 | ||
| Total | 80,587 | ||
| Net gains on investments | 78,633 | ||
| NET INCOME | 129,364 | ||
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
933,454 | ||
| TOTAL FUNDS CARRIED | FORWARD | 1,062,818 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Computer | |||
| equipment | |||
| E | |||
| COST | |||
| At 1January 2022 | 3,081 | ||
| Additions | 1,059 | ||
| At 31December 2022 | 4,140 | ||
| DEPRECIATION | |||
| At 1January 2022 | 2,728 | ||
| Charge for year | 529 | ||
| At 31December 2022 | 3,257 | ||
| NET BOOK VALUE | |||
| At 31December 2022 | 883 | ||
| At 31December 2021 | 353 | ||
| FIXEDASSET INVESTMENTS | |||
| Listed | |||
| investments | |||
| E | |||
| MARKET VALUE | |||
| At 1January 2022 | 977,233 | ||
| Additions | 101,241 | ||
| Disposals | (83,402) | ||
| Revaluations | (211,964) | ||
| At 31December 2022 | 783,108 | ||
| NET BOOK VALUE | |||
| At 31December 2022 | 783,108 | ||
| At 31December 2021 | 977,233 | ||
| There were no investment | assets outside the UK. | ||
| Cost or valuation at 31December 2022 is represented |
by: | ||
| Listed | |||
| investments | |||
| E | |||
| Valuation in 2021 |
231,247 | ||
| Valuation in 2022 |
(194,125) | ||
| Cost | 745,986 | ||
| 783,108 |
| 10. | STOCKS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| f | f | |||||||||
| Stocks | 28 | 193 | ||||||||
| 11. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||||
| 2022 | 2021 | |||||||||
| f | f | |||||||||
| Other debtors | 185 | 333 | ||||||||
| North-West | region | 1,546 | 7,536 | |||||||
| Midlands | region | 6,029 | 6,509 | |||||||
| Yorkshire | region | 4,019 | 3,184 | |||||||
| Prepayments | 1,150 | 1,542 | ||||||||
| 12,929 | 19,104 | |||||||||
| 12. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 2022 | 2021 | |||||||||
| f | ||||||||||
| Trade creditors | 705 | |||||||||
| Taxation | and | social | security | 238 | 238 | |||||
| Other creditors | 8,278 | 5,206 | ||||||||
| 8,516 | 6,149 | |||||||||
| 13. | MOVEMENT | IN FUNDS | ||||||||
| Net | Transfers | |||||||||
| movement | between | At | ||||||||
| At 1.1.22 | in funds | funds | 31.12.22 | |||||||
| f | f | f | ||||||||
| Unrestricted | funds | |||||||||
| General | charitable | activities | 1,062,818 | (210,574) | (22,437) | 829,807 | ||||
| Falklands | Fund | (22,437) | 22,437 | |||||||
| 1,062,818 | (233,011) | 829,807 | ||||||||
| TOTAL FUNDS | 1,062,818 | (233,011) | 829,807 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources f |
expended f. |
losses f |
in funds f |
|||
| Unrestricted funds |
||||||
| General | charitable | activities | 90,696 | (114,072) | (187,198) | (210,574) |
| Falklands | Fund | 17,309 | (39,746) | (22,437) | ||
| 108,005 | (153,818) | (187,198) | (233,011) | |||
| TOTAL FUNDS | 108,005 | (153,818) | (187,198) | (233,011) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1,1.21 | in funds | 31.12.21 | |||
| f | f | f | |||
| Unrestricted | funds | ||||
| General charitable | activities | 933,454 | 129,364 | 1,062,818 | |
| TOTAL FUNDS | 933,454 | 129,364 | 1,062,818 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
||
| Unrestricted funds |
|||||
| General charitable | activities | 131,318 | (80,587) | 78,633 | 129,364 |
| TOTAL FUNDS | 131,318 | (80,587) | 78,633 | 129,364 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.1.21 f |
tn funds f |
funds f |
31.12.22 f |
|||
| Unrestricted funds |
||||||
| General | charitable | activities | 933,454 | (81,210) | (22,437) | 829,807 |
| Falklands | Fund | (22,437) | 22,437 | |||
| 933,454 | (103,647) | 829,807 | ||||
| TOTAL FUNDS | 933,454 | (103,647) | 829,807 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
|||
| Unrestricted funds |
||||||
| General | charitable | activities | 222,014 | (194,659) | (108,565) | (81,210) |
| Falklands | Fund | 17,309 | (39,746) | (22,437) | ||
| 239,323 | (234,405) | (108,565) | (103,647) | |||
| TOTAL FUNDS | 239,323 | (234,405) | (108,565) | (103,647) |
| 2022 | 2021 | ||
|---|---|---|---|
| f | f | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Legacies and donations | 14,617 | 30,775 | |
| Grants | 11,659 | 16,100 | |
| Subscriptions | 5,399 | 5,554 | |
| Donated services and facilities | 48,864 | 49,933 | |
| Yorkshire region | 2,225 | ||
| North West region | 2,520 | 5,593 | |
| Midland region |
30 | 883 | |
| 85,314 | 108,838 | ||
| Other trading activities | |||
| Stock sales | 170 | 260 | |
| Investment income |
|||
| Dividend income |
21,119 | 22,220 | |
| Other income | |||
| Income Falklands 40 and | NMA lunch tickets | 1,402 | |
| Tota I incoming resources | 108,005 | 131,318 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Stock purchases | 164 | 258 | |
| Investment management |
costs | ||
| Portfolio management | 6,585 | 7,334 | |
| Charitable activities |
|||
| Wages (donated services | included) | 56,007 | 57,154 |
| Yorkshire region expenses |
1,390 | ||
| North West region expenses | 8,509 | 75 | |
| Midland region expenses |
510 | 277 | |
| Event costs | 41,474 | 175 | |
| Newsletter printing and stationery |
934 | 678 | |
| Computer expenses |
1,472 | 218 | |
| Insurance | 3,445 | 2,621 | |
| Sundries | 190 | 74 | |
| Bank charges | 70 | 81 | |
| Carried forward | 114,001 | 61,353 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Charitable activities |
f | E | ||
| Brought forward Depreciation Commemorations Grants |
114,001 529 12,681 10,909 |
61,353 310 91 6,309 |
||
| 138,120 | 68,063 | |||
| Support costs | ||||
| Governance costs |
||||
| Committee meeting expenses Accountancy and legal fees |
8,083 866 |
4,130 802 |
||
| 8,949 | 4,932 | |||
| Total resources expended | 153,818 | 80,587 | ||
| Net (expenditure)/income | before gains and | |||
| losses | (45,813) | 50,731 | ||
| Realised and unrealised | gains and losses | |||
| Realised and unrealised | gains/(losses) | on fixed | ||
| asset investments | (187,198) | 78,633 | ||
| Net (expenditure)/income | (233,011) | 129,364 |