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2024-12-31-accounts

The RAFA Gloucester Branch had another successful year raising funds for the National Wings Appeal, framing our historic Tapestries to ensure prolong their Life, a Successful Battle of Britain Service was held and we maintained a series of lunches and coffee morning to ensure those members whishing company were satisfied

ROYAL AIR FORCE ASSOCIATION - Gloucester Branch No 0219

Receipts and Payments Account Receipts and Payments Account
For the Year Ending 31st December 2024
Balances as at 1st January 2024
Current Account
Inc Wings bf £204.88 £6,241.04
Less balance held for wings unremited at year end -£233.30
£6,007.74
7 Mar 14 Original Investment £120,000.00p Invested Endowment Fund £212,369.31
£218,377.05
Income
Membership Fees £17.00
Membership Fees Rebate £1,232.40
Wings collectons £1,907.72
Sarasin's investment increase in the yr to 31 Dec 24 £25,125.03
£28,282.15
Payments Expenses
Wings AppealRemitted to HQ £1,936.14
Standard & Standard Bearers expenses £289.17
Fund fler annual subscripton £75.00
AGM expenses £184.45
Cost toward Batle of Britan Service £243.95
Atendance at Area & HQ Conferences £601.00
Balance Framing and resitng Tapestries (£1000 pd 23) £912.50
Trustess Expenses £82.00
RAFA AGM Pooled Fares £126.89
Website costs £162.60
Wreath for Remembrance £76.99
Wings Collected afer 2024 submission £130.84
£4,821.53
£4,821.53
Increase over year £33,103.68
£251,480.73
Investment Funds
7 Mar 14 Original Investment £120,000.00p
31 Dec 24 value Invested Endowment Fund £237,494.34
Balances in hand 31 Dec 2024 Current Account £4,700.05
£242,194.39
Welfare Account opening Balance 1 Jan 24 £4,314.63
Income RAFA Rebate £439.12
closing balance 31 Dec 24 £4,753.75
31-Dec-24 Total Funds of RAFA Glouceser £246,948.14
Investment is to recover endowment from sale of our Club to 2010 for £176,360 plus RPI
2024 end of year target was £324,734 ( Process approved by Branch AGM)

I have prepared the above Receipts and Payments from the books and accounts of the Gloucester Branch RAFA

£176,360
RPI Cals 2011 5.2% £185,531
2012 3.2% £191,468
2013 3.50% £198,169
2014 2.30% £202,727
2015 0.50% £203,741
2016 1.80% £207,408
2017 3.60% £214,875
2018 3.30% £221,965
2019 2.60% £227,737
2020 1.50% £231,153
2021 4.10% £240,630
2022 11.60% £268,543 Chris Hill
2023 9.70% £294,592 Treasurer

2024 3.60% £305,197

ROYAL AIA FOACÉ ASSOCIAfON - GI0￿•#f Ornnch No 0119 ROC•ty￿ And PAyrr•nt• Accauni For be V•8r Ending 31 J". D￿•Irt)•1 2024 Bobnc•8 98 A: J•ruafy 2a24 Less b•'•rKe ￿ld fcy wlrys Wfem,tttd •t ￿•r ¢rrtl Ir< Wirys bf £204AI £6.24k -£233.30 £6.(K)7.74 £212.369.31 18.377.09 7 M•r 14 OdiiTh•l I￿￿$tment £120.1XXI.LWp i•¥•st•d ErMIoATm•nt Fwxl In¢ryne Memtsersbip Sees Mem)ersbiP Fees Aeb•te WSni5 collect,onJ S•rasin'5 In4Ystm•rrt irKr•as• in th• y to 31 D•c 24 £17.QO £1,232.rf1 £1.907.72 £25.123 03 1.2111J P•wn•nts ExpDs•s Wln¢s Apw•l Stand•rd & Siandard 8e•rers eyns f IT •P)rw•l iubs¢Thpti AGV expenses Cast to•rd 8•itl• d O￿t￿n S¢N¢¢ Affefjd•r¢e 4t Ar¢• & Q)nfereYes 84lJrKe Fr•miry •Thl r•sitir¢ -. awstrf• I£ILXQ PJ 231 T￿￿teSS Exp•ns•i IIAFA AGV Pcd•d F•r•s Websiie costs We•tt for Rern•rnbr•￿• Wirys Cdl•rt•d •lt•r 2024 sthlsiion £1.931.14 É209 17 £75 00 £184.45 £24).•9 912 £12 00 £12119 £76 •• £130 £4.021.SJ ¢4.121.51 £33 103.68 É281.480.7> In¥tstmeftt Fu 7 M•r 14 0rf11141 If￿%￿ent É120,CCQ.OJo 31 Cc 24 ￿1 In¥sted Epé4Xtmerrt Fw 811•￿•$ In h•r 31 D•c 2024 £237,49431 £4.7(XIA)5 £242,19439 W•ll•r• k¢c¥Jnt •niry 8•l•rK• l J•n 24 RAFA R•b•T• doslry bJl•rK• 31 Ce 24 31-EXc.24 Tot•1 Furdj cl RAFA Gic4Kes•r In￿sIMent Is to ￿t￿r•￿da￿meTrl from s•le y w Oub to 2010 £176.300 Pl￿ RPI 2024 end of ￿•r t•ryet w•$ £324,7341 Prrxess •pwMd by AGMI .' ha￿+ prto•r•d t￿ Rcipts Ird Pw￿•￿ts fftyn th• t<$ •nd •¢¢oufjts GI￿￿$tr 81￿h RAFA £4.J14.6J £439.11 £4,753,75 £241.94•.14 R* C•ls 2011 2012 2013 2014 2015 2018 2017 2018 2019 2020 2021 2022 2023 2024 s.rA £185.390 3 2% É191.322 3.50% £197,062 2.XI% £201,791 0.5)% £203.BC8 1.SJ% £207.478 3.f•A £214,947 3.3N £222,040 2.6N £227.813 1.5ry £231.230 4.'N £2K, 11.6LVA £268.375 9.7CN £295,213 3.fLVA £324.734 Chfjs Mll Tre•skffer

Ind•p•nd•nt Examln•r'• Report Report to th• trusteeg 1 manag•m•nt cornm1tt￿ RAFA Gloucester Branch (0219) On accounts for th• year 31st December 2024 onded Charity no 1 231661 lif any) Ind•p•nd•nt You afe responsible for the prèparation of the accounts In accofdonce wilh •xamlnerf8 8tatem•nt applicable ￿al requirements I have comobeled my examinat￿1 of accounls ol the charity. I confirm that no rr.alenal rnatters have come te my attefjtion In ccnneciion W11h the examination i other than ittat disclosed tselow" I which give me cause lo belthi• thal ttr accounting records were nc 5uffioenl lo •h0¥4T ¥nd explain all th• 18r•nchJBranch Cluts sl transactions for Ihe year the accounts not accord wrth the accounting records or the accourns dKI not contain a suffic￿nI record of t￿ as$et8 arKt IiabililEs of the IBrancn.IB'apch Ciutsl I have no ccYK•rn• and have come acrosi no ¢Xhor maii•r• In connection wrth the •xaminalion 10 whth attention •hould b• dr•wm. • words In kels rf th•y ¢*+ nol awly Sl9n•d.' D•t•: N•m•: Dav￿ Michael Disclosure Give here bri•f detalls of any it•rns that th• •xamin•r wishes to dl8clos• 20210901_IER Templa;e_BGOv1