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￿￿$tment £120.1XXI.LWp i•¥•st•d ErMIoATm•nt Fwxl In¢ryne Memtsersbip Sees Mem)ersbiP Fees Aeb•te WSni5 collect,onJ S•rasin'5 In4Ystm•rrt irKr•as• in th• y to 31 D•c 24 £17.QO £1,232.rf1 £1.907.72 £25.123 03 1.2111J P•wn•nts ExpDs•s Wln¢s Apw•l Stand•rd & Siandard 8e•rers eyns f I*T •P)rw•l iubs¢Thpti AGV expenses Cast to*•rd 8•itl• d O￿t￿n S¢N¢¢ Affefjd•r¢e 4t Ar¢• & Q)nfereYes 84lJrKe Fr•miry •Thl r•sitir¢ -. awstrf• I£ILXQ PJ 231 T￿￿teSS Exp•ns•i IIAFA AGV Pcd•d F•r•s Websiie costs W*e•*tt for Rern•rnbr•￿• Wirys Cdl•rt•d •lt•r 2024 sthlsiion £1.931.14 É209 17 £75 00 £184.45 £24).•9 912 £12 00 £12119 £76 •• £130 £4.021.SJ ¢4.121.51 £33 103.68 É281.480.7> In¥tstmeftt Fu 7 M•r 14 0rf11141 If￿%￿ent É120,CCQ.OJo 31 C*c 24 ￿1 In¥*sted Epé4Xtmerrt Fw 811•￿•$ 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 C*e 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￿ R*c*ipts Ird P*w￿•￿ts fftyn th• t<**$ •nd •¢¢oufjts GI￿￿$t*r 81*￿h RAFA £4.J14.6J £439.11 £4,753,75 £241.94•.14 R* C•ls 2011 2012 2013 2014 2015 2018 2017 2018 2019 2020 2021 2022 2023 2024 s.rA £185.390 3 2% É191.322 3.50% £197,062 2.XI% £201,791 0.5)% £203.BC8 1.SJ% £207.478 3.f•A £214,947 3.3N £222,040 2.6N £227.813 1.5ry £231.230 4.'N £2K, 11.6LVA £268.375 9.7CN £295,213 3.fLVA £324.734 Chfjs Mll Tre•skffer Ind•p•nd•nt Examln•r'• Report Report to th• trusteeg 1 manag•m•nt cornm1tt￿ RAFA Gloucester Branch (0219) On accounts for th• year 31st December 2024 onded Charity no 1 231661 lif any) Ind•p•nd•nt You afe responsible for the prèparation of the accounts In accofdonce wilh •xamlnerf8 8tatem•nt applicable ￿al requirements I have comobeled my examinat￿1 of accounls ol the charity. I confirm that no rr.alenal rnatters have come te my attefjtion In ccnneciion W11h the examination i other than ittat disclosed tselow" I which give me cause lo belthi• thal ttr* accounting records were nc* 5uffioenl lo •h0¥4T ¥nd explain all th• 18r•nchJBranch Cluts sl transactions for Ihe year the accounts not accord wrth the accounting records or the accourns dKI not contain a suffic￿nI record of t￿ as$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