| Legal and administrative | Legal and administrative | information |
|---|---|---|
| Report ofthe | trustees | |
| Independent | examiner's | report |
| Statement of | financial activities | |
| Balance sheet | ||
| Statement of | Cash Flows | |
| Notes tothe financial statements |
| Trustees | Major General | Major General | CJGhika CBE | CJGhika CBE | CJGhika CBE | ||
|---|---|---|---|---|---|---|---|
| Colonel C A Lockhart MBE | |||||||
| l.ieute nant | Colonel | SG Soskin | |||||
| Lieutenant | Colonel | G C G RStone (retired 4 February 2022) | |||||
| 055Chichester | Esq | ||||||
| James Campbell-Johnston | Esq (appointed | 18February 2021) | |||||
| Lieutenant | Colonel J E N BShaw (appointed | 4 February 2022) | |||||
| Charity number | 238694 | ||||||
| Address | Horse Guards | ||||||
| Whitehall | |||||||
| London | |||||||
| 5W1A 2AX | |||||||
| l~nt | eau miner | Cara Turtington | FCA DChA | ||||
| Saffery Charnpness | LLP | ||||||
| 71Queen Vicloria Street | |||||||
| London | |||||||
| EC4V 4BE | |||||||
| Ltoyds TSB | Bank | Ptc | |||||
| Guards Jk Cavalry Branch |
|||||||
| 7 Pali Mag | |||||||
| London | |||||||
| SWiy SNA | |||||||
| Wilsons | |||||||
| 4Lincoln's | Inn Fields | ||||||
| London | |||||||
| WC2A 3AA |
| Un~ | Restdcted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| itote | 2021 | 2021 E |
2021 | 2020f | |||
| Income | |||||||
| Donations | 155,006 | 255,852 | 524'75 | ||||
| Charitable activities |
54,331 | ||||||
| Investment income |
26,366 | 26,366 | 19,537 | ||||
| Other incoming resources | 503 | ||||||
| Total income | 127,212 | 155,006 | 282,218 | ||||
| Expenditure | |||||||
| Raising funds | 58 | 3,926 | |||||
| Chargable activities |
144,301 | 132,225 | 276,526 | 188,129 | |||
| Totalexpenditure | 144,359 | 132,225 | 276,584 | 192~5 | |||
| fiet incoming resources | |||||||
| before movements investments |
on | (0,147) | 22,781 | 5,634 | |||
| Gains/(Losses) on irlvestment |
102,948 | 102,948 | (68,708) | ||||
| Net Insuree and movement funds |
in | 85+01 | 22,781 | 108582 | 33l4RQ | ||
| Recondliation of Funds |
|||||||
| Total funds brought at1October 2020 |
forward | 1,127,023 | 1,020,646 | 2,147,669 | |||
| Total funds cerned forward at30Sephmber 2021 |
lgKVI24 | 4043~7 | 2,256Wl | 2,247Adtp |
| 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| 6 | 1 | 1 | ||||
| Fixed assets | ||||||
| Tangible fixed assets | 118,751 | 135,653 | ||||
| Irwestments | 945,207 | 842,258 | ||||
| 1,063,958 | 977,911 | |||||
| Current assets | ||||||
| Stock | 10 | 6,104 | 6,178 | |||
| Debtors | ||||||
| Accrued income | 11 | 11,853 | 5A73 | |||
| Cash at bank | 1,177,646 | 1,160,837 | ||||
| 1,195,6D3 | 1,172,488 | |||||
| Current llabl8ties | ||||||
| Creditors | 3,310 | 2,730 | ||||
| 3,310 | 2,730 | |||||
| Net current assets | 1,192,293 | 1,169,758 | ||||
| Net assets | 2,256,251 | 2,147,669 | ||||
| Unrestricted funds Restricted funds |
13,14 13,14 |
1,212,824 1,043,427 |
1,127,023 1,020,646 |
|||
| Total funds | 2,256,251 | 2,147,669 |
| Net cash previded by operadng |
tivities | tivities | (17,731) | |||
|---|---|---|---|---|---|---|
| Cash fhnrrs from investing activrges | ||||||
| Investment income Purchases ofinvestments |
26,366 (201,279) |
19,537 (116,773) |
||||
| Dispose I proceeds from investments Purchase oftangible fixed assets Net cash provided by/ (used in) |
invesdng | 209,883 ~430 84~ |
150.939 ~(16,666 37,034 |
|||
| Change in cash and cash equivalents |
in the | |||||
| 16,809 | 416,592 | |||||
| Cash and cash equivalents at 1October |
1,160,837 | 744,245 | ||||
| Cash and cash equivalents at30September |
1,177,646 | l,lSV87 | ||||
| lteooncgiadon ofnet income tonet from operadng~ |
cash fiow | |||||
| Net Income for the reporthrg period as per the statement offinandal acUvides |
1%4581 | |||||
| Ad)ustrnents for. |
||||||
| Depreciation charges |
17,332 | 22,333 | ||||
| Unreaiised Investment losses/(gains) |
(111,552) | 343474 | ||||
| Investment income |
(26,366) | (19,537) | ||||
| (Increase)/decrease in debtors |
(6,380) | 4,915 | ||||
| Increase/(decrease) in creditors |
580 | (227) | ||||
| Decrease/(increase) in stock |
74 | (482) | ||||
| Net cash provided by operating activtdes |
17,731) | 379,558 | ||||
| Geh and cash equivalents | At | 1 | At30 | |||
| October | Movement | September | ||||
| 2020 f |
In year f |
2021 f |
||||
| Cash at bank | 1,260JH7 | 16,809 | 1,177~ |
| Un~ | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | |||||||
| 6 | 6 | 6 | f | ||||||
| Donations collections ft grants | 82,180 | 155,006 | 237,186 | 498,971 | |||||
| Donations- | Friends ofthe Guards | Chapel | 2,820 | 2,820 | 5,926 | ||||
| Donations for | kneelers and plaques | 592 | 592 | 4.872 | |||||
| Wages in kind | 15,254 | 15,254 | 14,706 | ||||||
| 10D,846 | 155,006 | 255,852 | 524/75 | ||||||
| Unrestricled | Un~ | ||||||||
| 2021 | |||||||||
| 6 | |||||||||
| Choir events | 28,518 | ||||||||
| Chapel fees | 25413 | ||||||||
| 54,331 | |||||||||
| 5. | Irwesbnent | incorue | Unrestricted | Un~ | |||||
| 2021 | 2020f | ||||||||
| investment | income | 26,356 | 19,448 | ||||||
| Bank interest | 10 | 89 | |||||||
| 26,366 | 19,537 | ||||||||
| 6. | Fundreising | Un~ | Restricted | Total | Total | ||||
| 2021 | 2021 | 2021 | 2020 | ||||||
| 6 | 6 | E | 6 | ||||||
| Friends annual | lunch | 58 | 58 | 813 | |||||
| Other fundraising | 3,113 | ||||||||
| 58 | 3,926 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| 2021 f |
2021 | 2020f | ||||
| Grants and donadons | 872 | 872 | 12,753 | |||
| Organ project | costs | 132,7.25 | 132,225 | 16,4D3 | ||
| Organist and choir | 86,335 | 86,335 | 89,986 | |||
| Staff pay and | Chaplain's | expenses | 2,761 | 2,761 | 700 | |
| Wages in kind | 15,254 | 15,254 | 14,706 | |||
| Flowers and candles | 4,976 | |||||
| Kneelers and | plaques | 1,366 | 9,167 | |||
| Cushions | 1,398 | |||||
| Books printing, stationery | &postage | 8,562 | ||||
| Insurance | 1,576 | 1,576 | 1,638 | |||
| Maintenance | and depredation | 19,010 | 19.010 | 25,911 | ||
| Admin and IT | 10,853 | 10,853 | 1,782 | |||
| Accountancy | 2,880 | 2,880 | 2,960 | |||
| Legal fees | 2,532 | 2,532 | ||||
| Sundry | 863 | 863 | ||||
| Committee costs | 187 | |||||
| 144,302 | 132,225 | 276,527 | 188,129 |
| B. | Tangjble Axed Assets | ||||
|---|---|---|---|---|---|
| Embelbshment of |
Bookof | aaemorfal | |||
| Guards' Chapel f |
Remembrance f |
Bookcamf | |||
| Costat 1October 2020 | 74,407 | 3,472 | 1,612 | ||
| Additions | |||||
| Cost at 3DSeptember 2021 | 74,407 | 3,472 | 1,612 | ||
| Depreciation at 1October 2020 | |||||
| Current year depreciation charge |
|||||
| Total depreciation at 30September 2021 |
|||||
| Net BookVakre at30September | 2021 | 74~ | 3/72 | 1,612 | |
| Net Book Value at 3DSeptember | 2020 | 74,407 | 3+72 | 1,612 | |
| Choir Babes, | |||||
| urnirure end |
2021 | ||||
| Equipment | Total | ||||
| f | f | ||||
| Cost at1October 2020 | 69,326 | 36,676 | 185,493 | ||
| Additions | 430 | 430 | |||
| Cost at 30September 2021 | 69,326 | 37,106 | 185,923 | ||
| Depreciation at1October 2D20 | 13,164 | 36,676 | 49~ | ||
| Current year depreciation charge |
17,331 | 17,331 | |||
| Total depredation at 30September 2021 |
30,495 | 36,676 | 67,171 | ||
| Net BookValue at30September | 2021 | 36.631 | 430 | 116,751 | |
| Net BookValue at305eptember | 2020 | 56,162 | 135,653 |
| Forth | e year ended 30S | ep | tember 2021 | |||
|---|---|---|---|---|---|---|
| 9. | I~ts | |||||
| 2921f | 2020 | |||||
| Market value at | 1October 2020 | 842,258 | 910,898 | |||
| Additions | 201379 | 116,773 | ||||
| Disposals | (209,883) | (150,939) | ||||
| Gainc/(tmses) | on investments | 102,948 | (68,708) | |||
| Cash movement | 8,605 | 34,234 | ||||
| Market value at | 30September | 2021 | 945,207 | 842,258 | ||
| 2020f | ||||||
| UKGovernment | Bands | 36,218 | ||||
| UK Fixed interest | securities | 108,563 | ||||
| Overseas Fixed | interest securities | 16.158 | 16,425 | |||
| UK Equity shares | 309,061 | 281,785 | ||||
| Overseas Equity | sha res | 363,922 | 310,236 | |||
| Other | &4,911 | 89,719 | ||||
| 882,615 | 796,691 | |||||
| Cash | 62,592 | 45,567 | ||||
| Market value at | 30September | 2021 | 945,207 | 842,258 | ||
| 10. | Stocks | |||||
| Unresbicted | Un esticted | |||||
| 2921 f |
2020f | |||||
| Cloth and badge | materials | 6,104 | 6,178 | |||
| 6,178 | ||||||
| 11. | Debtors | Un~ | Unresbichd | |||
| 2021f | 2020 f |
|||||
| Accrued income | 11,853 | 5,473 | ||||
| 11,853 | 5,473 |
| Unrestricted | Unrestricted | Un~ | |
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | f | ||
| Accruals Other creditors |
2,880 430 |
2,730 | |
| 3,310 | 2,730 | ||
| Un~ | Restrkted | ||
| Tangible fixed assets | 118,751 | 118.751 | |
| Investments Stock Debtors Cash at bank Creditors |
945,207 6,104 112)53 134,219 (3,310) |
1,043rl27 | 945,207 6,104 11,853 1,177,646 (3,310) |
| Total | 1,2 12' | 1,043A27 | 2~251 |
| Unrestricted | |||
| Tangible fixed assets Investments Stock Debtors |
135,653 842,258 6,178 5,473 |
135,653 842,258 6,178 5+73 |
|
| Cash at bank Creditors |
140,191 (2,730) |
1,020,646 | 1,160W7 (2,730) |
| 1,127,023 | 1,020,646 | 2,147~ |
| 1Octobse | Incoming | Resources | Gain on | 30 | ||
|---|---|---|---|---|---|---|
| 2020 | resources | expended | inveshnents | September | ||
| 2021 | ||||||
| Unrestricted fund Restricted fund |
1,127,023 1,020,646 |
127,212 155,006 |
(144,359) (132,225) |
102,948 | 1,212,824 1,043,427 |
|
| Total | 2,147W9 | ~g | 276,584 | 102,948 | 2,256,251 | |
| 1Octrdmr | Incoming | Resources | Losson | 30 | ||
| 2019 | resources | expended | investments | September | ||
| 2020 | ||||||
| Restricted fund | 1,221,638 587,949 |
149,745 449,100 |
(175,652) (16,403) |
(68,708) | 1,127,023 1,020,646 |
|
| 13%9M7 | 590~ | (292,0RI) | 68,708) | 2,147AI69 |
| Llruestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | |||
| Note | 6 | ||||
| Income | |||||
| Donations | 75,375 | 524,475 | |||
| Charitable activities |
54,331 | 54,331 | |||
| Investment income |
19,537 | 19,537 | |||
| Other incoming resources | 502 | 503 | |||
| Total income | 149,745 | 449,100 | 598W5 | ||
| Expenditure | |||||
| Raising funds | 3.926 | 3,926 | |||
| Charhable activities |
171,726 | 16.403 | 188,129 | ||
| Tots Iexpenditure | 175,652 | 16rl03 | 192,055 | ||
| Net (outgoing)/Incoming | resources before | ||||
| gains on investments | (25,9D7) | 432,697 | 406,790 | ||
| Losses on investment | (68,708) | (68,708) | |||
| Net movement in funds |
(94,615) | 43~7 | 338,082 | ||
| Reconciliatinn of Funds |
|||||
| Total funds brought fore | ard at 1October 2D19 |
1,221,638 | 587,949 | ||
| Total funds carried fonvard at 30September 2020 |
M27+23 | 1AI20,646 | 2,147~ |