## ## ||`Page`| |---|---| |`Legalandadministrativeinformation`|| |`Reportofthetrustees`|| |`independentexaminer'sreport`|| |`Statementoffinancialactivities`|| |`Balancesheet`|| |`StatementofCashFlows`|| |`Notestothefinancialstatements`|`10`| ## ## |`Trustees`|`MajorGeneralC `
`JGhikaCBE`|`MajorGeneralC `
`JGhikaCBE`|| |---|---|---|---| ||`Colonel€-ALockhartMBE(retired29-July2022}`||| ||`LieutenantColonel`|`$G Soskin(retired13June2022)`|`.`| ||`LieutenantColonel`|`GCGR Stone(retired4 February2022)`|| ||`D'SS ChichesterEsq”`||| ||`JamesCampbellJohnstonEsq,`||| ||`LieutenantColonel`|`JE'N8 Shaw(appointed4 February2022)`|| ||`LieutenantColonel`|`GC Light(appointed13June2022)`|| |`Charitynumber`|`238694`||| |`Address`|`HorseGuards`||| ||`‘Whitehall`||| ||`London`||| ||`-SW1A2AX`||| |`Independentexaminer`|`CaraTurtingtonFCA`|`DChA`|| ||`SafferyChampness`|`LLP’`|| ||`71QuéenVictoriaStreet`||| ||`Londen`||| ||`EC4V-4BE.`||| |`Bankers`|`LloydsTSBBankPle`||| ||`Guards& CavalryBranch`||| ||`7PallMall`||| ||`London`||| ||`SW1YSNA`||| |`Solicitors`|`Wilsons`||| ||`4Lincoln’s.innFields`||| ||`London`||| ||`AWC2A:3AA`||| ## ## ## ## ## ## ## ||
`Unrestricted`|
`|`|
`Restricted`|
||
`Total!`|
`j`|
`Unrestricted`|
`|`|
`Restricted`
`Total`| |---|---|---|---|---|---|---|---|---|---|---| |||||||`2022`||||`2021`| |
`Cash`
|

`132,894`|

`|`|

`726,950{`|
|
|

`859,844`|

|
`134,219`|

`|`|

`1,043,427| 1,177,646`
| |
`Investmentportfolio:`
|

`829,063`|
||
`«|`|
|

`329,063`|

|
`945,207`|

|

`=|`
`945,207:`
| |


|

`961,957`

|

`|`

|

`726,950`

|


|

`|`

|

`1,688,907`

|



|
`1,079,426`

|

`|`

|

`1,043,427| 2,122,853`


| ## ## ## ## ## ## ## ## |||`Unrestricted`||`Restricted`|`Restricted`|`Total`||`Total`| |---|---|---|---|---|---|---|---|---| |||`2022`|||`2022`|`2022`||`2021`| ||`Note`|`£`|||`£`|`£`||`£`| |`lricome`||||||||| |`Donations.`|`3`|`78,654`|||`95,664`|`174,318`||`255,852.`| |`Charitableactivities`|`4`|`71,934`|||`-`|`71,934`||`-`| |`Investmentincome`|`5`|`21,924.`|||`-`|`21,924`||`26,366`| |`Otherincomingresources`||
`-`|||
`-`|
`-`||
`-`| |`Totalincome`||
`472,512`|||
`95,664`|
`268,176`||
`282,248`| |`Expenditure`||||||||`:`| |`Raisingfunds`|`6`|`7,079`|||`-`|`7,079`||`58`| |`Charitableactivities`|`7`|
`192,797`|||
`412,141`|
`604,938`||
`276,526`| |`Totalexpenditure`||
`199,876`|||
`412,141`|
`612,017`|
`|`|
`276,584.`| |`Netincomingresources`||||||||| |`beforemovementson`
`investments`||`(27,364)`|||`(316,477)`
`:`|`(343,841)`||`5,634`| |`Gains/{Losses}oninvestment`||
`(116,144)`|
`—`||
`-`|
`(116,144)`||
`102,948.`| |`Netincomeandmovementin`
`funds`||
`(143,508)`|||
`(316,477)`|
`(459,985)`||
`408,582`| |`Reconciliation‘ofFunds`||||||||| |`Totalfundsbroughtforward`
`at.1October2021`||
`on.`
`4,212,824`||
`e`
`ane`
`an`
`1,043,427`||
`.`
`256,251`
`2,258,`||
`aaa.`
`2,147,669`| |`Totalfundscarriedforward`
`at30September2022`||`1,069,316`
|||`726,950`
|`1,796,266`
||`2,256,251.`
| |||`2022`|`2022`|`2021`|`2021`| |---|---|---|---|---|---| ||`Notes`|`£`|`£`|`£`|`£`| |`Fixedassets`|||||| |`Tangiblefixed:assets`|||`101,312`||`418,751`| |`lnvestments`|||`829,063`||`945,207`| ||||`930,375`||`1,063,958`| |`Currentassets`|||||| |`Stock`|`10`|`§,819`||`6,104`|| |`Debtors`|`11`|`7,317`||`11,853`|| |`Cashat.bank`||`859,844`||`1,177,646`|| |||`872,980`||`1,195,603:`|| |`Current[abilities`|||||| |`Creditors`|`42`|`7,089`||`3,310`|| |||`7,089`||`3,310`|| |`Net:currentassets`|||`865,891`||| |`Netassets`|||`1,796,266`||`2,256,251`| |`Unrestrictedfunds`|`43,14`||`1,069,601`||`4,212,824`| |`Restrictedfunds`|`13,14.`||`726,950`||`1,043,427`| |`Totalfunds`|||`1,796,266`||`2,256,251`| ## |`Statementofcashflows`|||`2022`|`2021.`|| |---|---|---|---|---|---| ||||`£`|`£`|| |`Netcashprovidedbyoperatingactivities:`|||`{359,165}`|`(17,731)`|| |`Cashflowsfrominvestingactivities`|||||| |`Investmentincome`|||`21,924`|`‘26,366`|| |`Purchasesofinvéstrnents:`|||`(164,561)`|`(201,279)`|| |`Disposalproceedsfrominvestments:`|||`184,000`|`209,883`|| |`Purchaseoftangiblefixedassets`|||`oe`|`(430)`|| |`Netcashprovidedby/{usedin)investing`|||
`41,363`|
`34,540`|| |`activities`|||||| |`Changeincashandcashequivalentsin-the`|||||| |`year`|||`(317,802)`|`.16,809_`|| |`Cashandcashequivalentsat1 October`|||`1,177,646`|`1,160,837`|`|`| |`Cashandcashequivalentsat30September`|||
`859,844`
|
`1,177,646.`
|

| |`Reconciliatio`**`n`**
`ofetincometonet.cashflow.`|||||| |`from operatingactivities`|||||| |`Netincomeforthereportingperiodas.per`|||||| |`thestatementoffinancialactivities`|||`(459,985)`|`108,581`|| |`Adjustmentsfor:`|||||| |`Depreciationcharges`|||`17,440`|`17,332`|| |`Unrealisedinvestmentlosses/(gains)`|||`96,704`|`{111,552}`|| |`Investmentincome`|||`{21,924}`|`{26,366}`|| |`tincrease}/decreaseindebtors`|||`4,536`|`(6,380)`|| |`Increase/(decrease}increditors`|||`3,779`|`580`|| |`Decrease/(increase)instock`|||`285`|`74`|| |`Netcashprovidedbyoperatingactivities`|||
`(359,165)`|
`(17,734)`|| |`Cashandcashequivalents`|`At.`|`1`||`At30`|| |`.`|`October`
`2021`||`Movement`
`inyear`|`September`
`2022`|| |||`£`|`£`|`£`|| |`Cashatbank`|`1,177,646.`
||`{317,802}`
|`859,844.`
|| ## ## ## ## ## ## |`‘2.`|`Taxation`|||||||| |---|---|---|---|---|---|---|---|---| ||`Thecharity's`|`activitiesfallwithintheexemptionsafforded`|||`by.theprovisionsofthe`|||`Incomeand`| ||`CorporationTaxesAct:1988.Accordingly,`||`there.isno`|`taxationchargein`||`theseaccounts.`||| |`3.`|`Donations`|||||||| ||||`Unrestricted`||`Restricted`||`Total`|`Total`| ||||`2022`||`2022`||`2022`|
`2021`| |||||`£`|`£`||`£`|
`£`| ||`Donations-collections`
`&grants`||`62,604.`||`95,664`||`158,268`|
`237,186`| ||`Donations— FriendsoftheGuardsChapel`|||`‘675`||`-`|`675`|`2,820`| ||`Donationsfor`|`kneelersandplaques`||`-`||`7`|`-`|
`592`| ||`Wagesinkind:`||
`15,375`|||
`>`|
`15,375`|
`15,254`| ||||
`78,654`||
`95,664`|
|
`174,318`|

`255,852`| |`4.`|`CharitableActivities`|||||||| ||||||`Unrestricted`|||`Unrestricted`| ||||||||`2022.`|`2021`| |||||||||`£`| ||`Choir events`|`-`||||||| ||`Chapelfees`|||||||| |`5.`|`Investmentincome`|||||||| ||||||`Unrestricted`|||`Unrestricted`| ||||||||`2022:`|`2021`| ||||||||`£`|`£`| ||`Investmentincome`||||||`21,924`|`26,356`| ||`Bankinterest`||||||
`-`|
`10`| ||||||||
`21,924.`|
`26,366`| |`6.`|`Fundraising`|||||||| |||`Unrestricted`|||`Restricted.`||`Total`|`Total`| ||||`2022`||`2022`||`2022`|`20214`| ||||`£`||`£`||`£`|`£`| ||`Friendsannualjunch`||`=`||`=`||`-`|`58`| ||`Staffcosts`||`£,976`||`-`||`1,976`|`-`| ||`Travel`||`58.`||`-`||`58`|`-`| ||`Otherfundraising`
||
`5,045`|
|
`-`||
`5,045`|
`-`| |||
|
`7,079`
|

|
`-`
|
|
`7,079`
|
`58`
| |`7.`|`CharitableActivities`|`CharitableActivities`||||| |---|---|---|---|---|---|---| ||||`Unrestricted`|`Restricted`|`Total`|`Total`| ||||`2022`|`2022`|`2022:`|`2021`| ||||`£`|`£`|`£`|`£`| ||`‘Grantsanddonations`||`4,857`|`-`|`4,857`|`872.`| ||`Organproject`|`‘costs`|`-`|`412,144`|`412,141`|`132,225`| ||`Organistand`|`choir.`|`107,737`|`-`|`107,737`|`86,335.`| ||`‘Staffpayand`|`Chaplain’sexpenses`|`”`|`~`|`_`|`2,761`| ||`‘Wagesinkind`||`15,375`|`:`|`15,375`|`15,254`| ||`Flowers:andcandles`|||||| ||`Kneelersand`|`plaques`|`1,394`|`-`|`1,394`|`1,366`| ||`Cushions`|||||| ||`Booksprinting,stationery& postage`|||||| ||`Insurance`||`1,611`|`-`|`1,611`|`1,576`| ||`Maintenance`
`anddepreciation`||`20,023`|`-`|`20,023`|`19,010`| ||`Admin-andIT`||`36,999`|`-`|`36,999`|`10,853`| ||`Accountancy`||`3,000`|`-`|`3,000`|`2,880`| ||`Legalfees`||`1,620`|`*`|`1,620.`|`2,532`| ||`Sundry`||`181`|`-`|`181`|`863`| ||`Committeecosts`
|||||| ||||`192,797`
|`412,141`
|`604,938`
|`276,527`
| |`8.`|`TangibleFixedAssets`|||| |---|---|---|---|---| |||`Embellishmentof`|`Bookof`|`Memorial`| |||`Guards’Chapel`|`Remembrance.`|`Bookcase`| |||`£`|`£`|`£`| ||`Costat1 Octobér2021`|`74,407`|`3,472`|`1,612`| ||`Additions:`|
`-`|
`-`|
`:`| ||`Costat30September2022`|

`74,407`|


`3,472`|


`1,612`| ||`Depreciationat1 October:2021`|`-`|`-`|`-`| ||`Current-year-depreciationcharge`|
`-`|
|

`”`| ||`Totaldepreciationat.`
`30September2022`|

`+`|


`-`|


`-`| ||`NetBookValueat30.September2022`|
`74,407`|
`3,472`|
`1,612`| ||`NetBookValueat`
`30September2021`|
`74,407`
|
`3,472`

|
`1,612`

| |||`Sound`|`ChoirRobes,`|| |||`System`|`=Furnitureand`|`2022`| ||||`Equipment`|`Total`| |||`£`|`£`|`£`| ||`Costat1 October2021`|`69,326`|`37,106`|`185,923`| ||`Additions.`|
`-`|
`-`|
`-`| ||`Costat30September2022`|

`69,326`|

`37,106`|

`185,923`| ||`Depreciationat1 Octeber.2021.`|`30,495`|`36,676`|`67,171`| ||`Current.yeardepreciationcharge`|
`17,332`|
`108`|
`17,439`| ||`Totaldepreciationat.30September2022`|

`47,827`|

`36,784.`|

`84,610`| ||`NetBookValueat30September2022`|
`21,499`|
`322`|
`101,312`| ||`NetBookValue`
`at 30September2021`|`38,831`
|`430`
|`118,754`
| ## |`Investments`||||| |---|---|---|---|---| ||||`2022`
`-`|`2021`
`.`| |`Marketvalue’at`||`1October2021`|`945,207`|`842,258`| |`Additions`|||`164,561`|`201,279`| |`Disposals`|||`{184,000}`|`(209,883).`| |`Gains/{losses}oninvestments`|||`(90,138)`|`102,948,`| |`Cashmovement`|||`(6,567)`|`8,605`| |`Marketvalueat`||`30September2022`|

`829,063`|

`945,207`| ||||`2022`|`2021`| ||||`£`|`£`| |`UKGovernment`||`Bonds`|`31,063`|`-`| |`UKFixedinterestsecurities`|||`58,099`|`108,563`| |`OverseéasFixed`|`interestsecurities`||`16,101`|`16,158`| |`UKEquityshares`|||`239,956`|`309,061`| |`OverseasEquity`||`shares.`|`349,964`|`363,922.`| |`Other`|`,`||`78,029`|`84,911`| ||||
`773,212`|
`$82,615`| |`Cash`|||`55,851.`|`62,592`| |`Marketvalueat.`||`30:September2022`|

`829,063`|

`945,207`| |`Stocks`||||| ||||`Unrestricted`|`Unrestricted`| ||||`2022`|`2021`| ||||`£`|`£`| |`Clothandbadge`||`materials`|
`5,819`|
`6,104`| ||||`5,819`
|`6,104.`
| |`Debtors`||||| ||||`Unrestricted`|`Unrestricted`| ||||`»2022`|`2021`| ||||`£`|`£`| |`‘OtherDebtors`|||`913`|`-`| |`Accruedincome`|||`6,404`|`11,853`| ||||
`7,317`
|
`11,853`
| ## |`12.`|`Creditors`|||||| |---|---|---|---|---|---|---| ||||`Unrestricted`|||`Unrestricted`| |||||`2022`||`2021`| |||||`£`||`£`| ||`Accruals`|`—`||`7,089`||`2,880`| ||`Othercreditors`|||`-`||`430`| ||||
|

`7,089`|
|

`3,310`| |`13.`|`Netassets`|`byfund`||||| ||`2022.`|||||| ||||`Unrestricted`|`Restricted`||`‘Total`| ||`Tangible`|`fixedassets`|`101,312`||`-`|`101,312`| ||`Investments`||`828,063.`||`.`|`829,062`| ||`Stock`||`5,819.`||`-`|`5,819`| ||`Debtors.`||`7,347`||`-`|`7,317`| ||`Cashatbank`||`132,894:`|`726,950`||`859,844`| ||`Creditors`||`(7,089)`||`-`|`(7,089}`| ||`Total`||

`1,069,316.`|

`726,950`|

|

`1,796,266`| ||`2021`|||||| ||||`Unrestricted`|`Restricted`||`Total`| ||`Tangible`|`fixedassets`|`118,751`||`-`|`118,751`| ||`Investments`||`945,207`||`-`|`945,207`| ||`Stock`||`6,104`||`-`|`6,104`| ||`Debtors`||`11,853`||`”`|`11,853`| ||`Cashatbank`||`134,219`|`1,043,427`||`1,177,646`| ||`Creditors`||`(3,310).`||`-`|`{3,310}`| ||`Total`||
`1,212,824`
|
`1,043,427`
|

|
`2,256,251`
| ## ## ||`1October.`|`Incoming`|`Resources`|`Gainon`||`30`| |---|---|---|---|---|---|---| ||`2021`|`resources`|`expended`|`investments`||`September`| |||||||`2022`| |`Unrestrictedfund’`|`4937.824`|`172,512`|`(199,876)`|`(116,144)`||`1,069,316`| |`Restrictedfund`|`1,043,427`|`95,664`|`(412,141)`||`-`|`726,950`| |`Total`|

`2,256,251`|

`268,176`|

`(612,017)`|

`(116,144)`|

|

`1,796,266`| ||`1October`|`Incoming`|`Resources`|`Gain-on`||`30`| ||`2020`|`resourcés`|`expended`|`investments`||`September`| |||||||`2021`| |`Unrestrictedfund`|`4497923`|`127,212`|`—*{144,359)`|`102,948`||`1,212,824`| |`Restrictedfund`|`1,020,646`|`155,006`|`(132,225)`||`-`|`1,043,427`| |`Total`|
`2,147,669`
|
`282,218`
|
`(276,584)`
|
`102,948`
|

|
`2,256,254`
| ## |||`Unrestricted`|`Restricted`|`Total`| |---|---|---|---|---| |||`2021.`|`2021`|`2021.`| ||`Note`|`£`|`£`|`£`| |`Income`||||| |`Donations`|`3`|`100,846`|`155,006`|`255,852`| |`Charitableactivities`|`4`|||| |`Investmentincome`|`5`|`26,366`|`-`|`26,366`| |`Otherincomingresources`||||| |`Total.income`||
`127,212`|
`155,006`|
`282,218`| |`Expenditure`||||| |`Raisingfunds`|`6`|`58`|`-`|`58`| |`Charitableactivities`|`7`|
`144,301`|
`$32,225`|
`276,526`| |`Totalexpenditure`||
`144,359`|
`132,225`|
`276,584`| |`Net(otstgaing}/incomingresourcesbefore`||||| |`gainsoninvestments`||`(17,147)`|`22,781`|`5,634`| |`Lossesoninvestment`||`102,948`|`-`|`102,948`| |`Netmovementinfunds`||

`85,801`|

`22,781`|

`108,582`| |`‘ReconciliationofFunds:`||||| |`Totalfundsbroughtforwardat1 October’`
`2019`||
`4,127,023`|
`1,020,646`|
`2,147;669`| |`Totatfundscartiedforwardat 30September`
`2020`||`1,212,824`
|`1,043,427`
|`2,256,252`
|