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2024-12-31-accounts
TrusteeandAdministrativeInformation |
1 |
Trustee’sReport |
2-8 |
IndependentAuditors’Report |
9-12 |
StatementofFinancialActivities |
13 |
BalanceSheet |
14 |
CashFlowStatement |
15 |
NotestotheFinancialStatements |
16-22 |
|
|
|
|
|
|
UnrestrictedFunds |
|
|
Incomeandexpenditure |
|
|
|
|
|
|
|
|
|
|
|
Note |
|
|
2024 |
2023 |
|
|
|
|
|
|
£ |
£ |
|
|
Income |
|
|
|
|
|
|
|
|
Donations& LegaciesinclSubscriptions |
|
|
|
2 |
93,580 |
|
|
|
Investmentincome |
|
|
|
|
21,087 |
|
|
|
OtherIncome |
|
|
|
3 |
7,895 |
|
|
|
TotalofIncome |
|
|
|
|
|
122,562 |
|
127,128 |
Brancheventsandsubscriptions |
|
|
|
|
|
121,418 |
|
142,522 |
Totalincome |
|
|
|
|
|
243,980 |
|
269,650 |
Expenditure |
|
|
|
|
|
|
|
|
Charitableactivities
Branchexpenditure
Totalexpenditure |
|
|
|
4 |
|
228,736
117,785
346,521 |
|
202,312
122,711
325,023 |
Net(expenditure) |
before |
gains |
on |
|
|
(102,541) |
|
(55,373) |
investments |
|
|
|
|
|
|
|
|
Net(losses)/gainsoninvestments |
|
|
|
|
|
83,777 |
|
61,292 |
NetIncomeandnet |
movement |
infunds |
|
|
|
(18,764) |
|
5,919 |
Totalfundsbrought |
forward |
|
|
|
|
1,867,248 |
|
1,861,329 |
Totalfundscarried
|
forward
|
|
|
|
|
1,848,484 |
|
1,867,248 |
|
|
Note |
|
2024 |
|
2023 |
|
|
|
£ |
£ |
|
|
Fixedassets |
|
|
|
|
|
|
Investments |
|
5 |
|
1,205,797 |
|
1,121,793 |
Currentassets |
|
|
|
|
|
|
Debtors |
|
6 |
3,625 |
|
4,042 |
|
Cash |
|
7 |
403,915 |
|
523,314 |
|
Branchcash |
|
|
261,339 |
|
257,706 |
|
|
|
|
668,879 |
|
785,062 |
|
Currentliabilities
|
|
|
|
|
|
|
Creditors:Amountsfalling |
duewithinone |
8 |
(26,192) |
|
(39,607) |
|
year |
|
|
|
|
|
|
Netcurrentassets |
|
|
|
642,687 |
|
745,455 |
Netassets |
|
|
|
1,848,484 |
|
1,867,248 |
Funds |
|
|
|
|
|
|
Unrestricted |
|
9 |
|
1,587,145 |
|
1,609,542 |
Designated |
|
10 |
|
261,339 |
|
257,706 |
|
|
|
|
1,848,484 |
|
1,867,248 |
provedbythetrusteeon |
|i“Jwine_2025 |
|
|
|
|
|
|
|
|
2024 |
2023 |
|
|
Note |
|
£ |
£ |
|
Netcashusedinoperatingactivities |
1 |
|
(136,627) |
(70,237) |
|
Cashflowsfrominvestingactivities
|
|
|
|
|
|
Dividends,interestandrentsfrominvestments |
|
|
21,087 |
21,114 |
|
Purchaseofinvestments
Proceedsfromsaleofinvestments |
|
|
(443,446)
444,038 |
(835,838)
837,770 |
|
Netcashusedininvestingactivities |
|
|
21,679 |
23,046 |
|
Netincreaseincash& cashequivalents |
|
|
(114,948) |
(47,191) |
|
Cash& cashequivalentsatthebeginningoftheyear |
|
|
785,552 |
832,743 |
|
Cashandcashequivalentsatendoftheyear |
2 |
|
670,604 |
785,552 |
|
Notestothecashflowstatement |
|
|
|
|
|
1.
Reconciliationofnetmovementinfundstonet |
|
|
2024 |
2024 |
|
cashflowfromoperatingactivities |
|
|
£ |
£ |
|
Netmovementinfunds |
|
|
(18,764) |
5,919 |
|
Loss/(gain)oninvestments
Investmentincome |
|
|
(83,777)
(21,087) |
(61,292)
(21,114) |
|
Decreaseindebtors |
|
|
A17 |
(646) |
|
(Decrease)/increaseincreditors |
|
|
(13,416) |
6,896 |
|
Netcashusedinoperatingactivities |
|
|
(136,627) |
(70,237) |
|
2.
Analysisofcashandcashequivalents |
|
AtiJan |
Cash |
At31 |
Dec |
andnetdebt |
|
2024 |
flow |
|
2024 |
|
|
£ |
£ |
|
£ |
Cashonshorttermdeposit
Cashcurrentaccount |
|
523,771
(457) |
(123,868)
4,469 |
399,903
4,012 |
|
Cashheldbybranches
Cashbalancebeforeinvestments
|
|
257,706
781,020 |
3,633
(115,766) |
261,339
665,254 |
|
CashheldinInvestments |
|
4,532 |
818 |
5,350 |
|
Netcashprovidedbyoperatingactivities
|
|
785,552
|
(114,948)
|
670,604
|
|
2 |
Donations& Legacies(inclsubscriptions)
|
2024 |
|
2023 |
|
|
£ |
|
£ |
|
Servingregiment(ServicepayGivingScheme) |
41,721 |
|
40,392 |
|
Legacies |
|
z |
3,794 |
|
GeneralDonations |
7,961 |
|
4,573 |
|
Donations— RACF |
28,774 |
|
35,841 |
|
Donations— BranchLiaisonOfficer |
|
|
|
|
IntangibleIncome— WagesinKind |
15,124 |
|
14,288 |
|
|
93,580 |
|
98,888 |
3 |
OtherIncome |
2024 |
|
2023 |
|
|
£ |
|
£ |
|
RAAEventIncome |
1,050 |
|
1,375 |
|
MerchandiseIncome |
52 |
|
154 |
|
ChristmasCardIncome |
942 |
|
766 |
|
BankInterest |
5,851 |
|
4,831 |
|
|
7,895
|
|
7,126
|
4 |
Charitableactivities
|
2024 |
2023 |
|
|
|
£ |
£ |
|
|
RAAssembly |
7,750 |
6,221 |
|
|
RAAssemblyAwards |
483 |
325 |
|
|
NMA |
5,726 |
5,220 |
|
|
GunnerSunday |
1,381 |
1,399 |
|
|
RAA100 |
6,884 |
10,416 |
|
|
NMAMaintenance |
3,324 |
|
- |
|
RegimentalWelfare/Comradeship |
28,774 |
35,841 |
|
|
ManserghAward |
2,056 |
587 |
|
|
GranttoRAM |
39,400 |
5,000 |
|
|
Miscellaneousgrants |
1,146 |
4,147 |
|
|
|
96,924 |
69,156 |
|
|
SupportcoststoCharitableActivities: |
|
|
|
|
AdministrativeSalariesrechargesbyRACF |
59,365 |
59,318 |
|
|
EmployerPensionContribution |
5,282 |
5,042 |
|
|
Wagesinkind |
15,124 |
14,288 |
|
|
|
79,771 |
78,648 |
|
|
Travellingandsubsistence(incl.StandardBearers) |
13,309 |
15,155 |
|
|
NEC,RegionalReps,Districttravel& subsistence |
3,031 |
2,125 |
|
|
Branchtravel |
19,659 |
20,556 |
|
|
Officecosts(incl.publicity& postage) |
7,857 |
10,632 |
|
|
Publicity |
1,542 |
339 |
|
|
Miscellaneouscosts |
2,096 |
1,141 |
|
|
Governancecosts: |
|
|
|
|
ProfessionalFees |
|
|
|
|
Audit |
4,547 |
4,560 |
|
|
|
52,041 |
54,508 |
|
|
Totalcharitableactivities
|
228,736
|
202,312
|
|
5 |
Fixedassetsinvestments |
2024 |
2023 |
|
|
£ |
£ |
|
Quotedinvestments: |
|
|
|
Marketvalueat1 January |
1,121,793 |
1,058,128 |
|
Netadditions/cashmovementsatcost
SaleProceeds— Investments |
443,446
(444,038) |
835,838
(837,770) |
|
Netrealised/unrealisedinvestmentgains/(losses) |
83,777 |
61,292 |
|
CashCommitments |
819 |
4,305 |
|
Marketvalueat31December2024 |
1,205,797 |
1,121,793 |
|
Historicalcostat31December2024 |
1,043,451 |
1,020,133 |
There |
arenoindividualholdingswhichareconsideredtobesignificant. |
|
|
6 |
Debtors |
2024 |
2023 |
|
|
£ |
£ |
|
RAGCT— GiftAid |
19 |
13 |
|
AccruedServiceGivingIncome |
3,533 |
3,479 |
|
RACF |
73 |
550 |
|
|
3,625 |
4,042 |
|
|
2024 |
2023 |
7 |
CashonShorttermDeposit
|
£ |
£ |
|
LloydsTSBBankPLC— Currentaccount |
4,012 |
(457) |
|
LloydsTSBBankPLC— Depositaccount |
399,903 |
523,771 |
|
|
403,915 |
523,314 |
8 |
Creditors- amountsfallingduewithinoneyear
|
2024 |
2023 |
|
|
£ |
£ |
|
RACharitableFund |
21,685 |
34,917 |
|
Creditorsandaccruals |
4,507 |
4,690 |
|
|
26,192 |
39,607 |
9 |
Movementinfunds
|
Movementinfunds
|
|
|
|
|
|
|
Balanceat1 |
Incoming |
Outgoing |
NetGain |
Balanceat31 |
|
|
January24 |
Resources |
Resources |
on |
December24 |
|
|
|
|
|
Investment |
|
|
|
£ |
£ |
£ |
£ |
£ |
|
Unrestricted |
|
|
|
|
|
|
LadiesSection |
792 |
- |
- |
- |
792 |
|
Amenities |
|
|
|
|
|
|
GeneralFund |
1,608,750 |
122,562 |
228,736 |
83,777 |
1,586,353 |
|
|
1,609,542 |
122,562 |
228,736 |
83,777 |
1,587,145 |
|
Designatedfunds |
|
|
|
|
|
|
Branches
|
257,706 |
121,418 |
117,785 |
- |
261,339 |
|
Total
|
1,867,248 |
243,980 |
346,521 |
83,777 |
1,848,484 |
|
2023Comparison
|
|
|
|
|
|
|
|
Balanceat1 |
Incoming |
Outgoing |
NetGains |
Balanceat31 |
|
|
January23 |
Resources |
Resources |
on |
December23 |
|
|
|
|
|
Investment |
|
|
|
£ |
£ |
£ |
£ |
£ |
|
Unrestricted |
|
|
|
|
|
|
LadiesSection |
792 |
- |
- |
- |
792 |
|
Amenities |
|
|
|
|
|
|
GeneralFund
|
1,622,642 |
127,128 |
202,312 |
61,292 |
1,608,750 |
|
|
1,623,434 |
127,128 |
202,312 |
61,292 |
1,609,542 |
|
Designatedfunds |
|
|
|
|
|
|
Branches
|
237,895 |
142,522 |
122,711 |
- |
257,706 |
|
Total
|
1,861,329
|
269,650
|
325,023
|
61,292
|
1,867,248
|
10 |
=Analysisofnetassetsbetweenfunds
|
|
|
|
|
|
|
|
|
|
Net |
|
|
Investments |
|
Currentassets |
Total |
|
|
£ |
|
£ |
£ |
|
Unrestrictedfunds: |
|
|
|
|
|
General |
1,205,797 |
|
380,556 |
1,586,353 |
|
LadiesSectionAmenities |
- |
|
792 |
792 |
|
|
1,205,797 |
|
381,348 |
1,587,145 |
|
Designatedfunds: |
|
|
|
|
|
Branches |
- |
|
261,339 |
261,339 |
|
|
1,205,797 |
|
642,687 |
1,848,484 |
|
2023Comparison |
|
|
|
|
|
|
|
|
|
Net |
|
|
Investments |
|
Currentassets |
Total |
|
|
£ |
|
£ |
£ |
|
Unrestrictedfunds: |
|
|
|
|
|
General |
1,121,793 |
|
486,957 |
1,608,750 |
|
LadiesSectionAmenities |
|
- |
792 |
792 |
|
|
1,121,793 |
|
487,749 |
1,609,542 |
|
Designatedfunds: |
|
|
|
|
|
Branches |
- |
|
257,706 |
257,706 |
|
|
1,121,793
|
|
745,455
|
1,867,248
|