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THE ROYAL HAMPSHIRE REGIMENT TRUST

Chairman – Brigadier TAL Glass BSc MSc Secretary – Lt Col CA Bulleid

ANNUAL REPORT FOR THE CHARITIES COMMISSION THE ROYAL HAMPSHIRE REGIMENT FOR THE YEAR ENDING 31ST DECEMBER 2020

1. The Royal Hampshire Regiment Trust continues to act as the umbrella for the following charity funds:

The Royal Hampshire Regiment Museum Trust 272965 The Royal Hampshire Regiment Memorial Garden Trust 275653 The Princeps Bowden Smith Memorial Fund 253997 The Royal Hampshire Regiment Comrades Association 246902

2. The Royal Hampshire Regiment Trust - Summary

a. The year has been dominated by the global Covid Virus pandemic, which meant that the museum was closed for the majority of the year and two Trustees’ meetings had to be cancelled. This notwithstanding, moves continued to consolidate some of the individual charities in order to achieve greater efficiency and help to reduce costs. The original plan to transfer the welfare elements of the Regimental Trust to the successor regiment (the Princess of Wales’s Royal Regiment) were put on hold to enable Trustees to have greater flexibility to support the wider regimental family. Lt Col CA Bulleid continues as Trust Secretary and Chief Executive. The assistant Curator and volunteers (an equal mix of exsoldiers and lay members of the public) continued to do outstanding and essential work – especially in the Museum and Memorial Garden.

b. The Comrades’ Association was formerly amalgamated with the Princeps Bowden Smith Memorial Fund as their aims and objects were deemed to be similar. Work is continuing to amalgamate the Museum and the Memorial Garden charities, which once completed will pave the way for the welfare charities (the Comrades’ Association and the Princeps Bowden Smith Memorial Fund) to be joined together; though this has been delayed on account of other work commitments by the Trustee who had taken on the task.

c. Now that the Comrades’ Association and the Princeps Bowden Smith Memorial Fund (the Welfare Fund) have been amalgamated the next stage is either to merge the Comrades’ Association with the Hampshire and Isle of Wight Military Aid Fund (202363) or to link the two charities. However, plan to handover of Welfare Fund to PWRR has currently been put on hold while Trustees consider the longer-term future of the Regimental Trust.

3. Financial Policies

a. Funds for the now 3 charities in the Trust are accounted for separately, but all contribute to core expenditure. The Transaction account manages this. The Comrades’ Association continues to foster ‘esprit de corps’ with former members of the Regiment through a wide range of events and assists with welfare grants alongside the Hampshire and Isle of Wight Military Aid Fund (202363).

b. The investments, with Newton Investment Management Ltd since 2015, have continued to produce excellent returns. Trustees believe sufficient funds need to be generated and held in reserve in order of priority to:

(i) Support benevolence and esprit de corps for former members of the Royal Hampshire Regiment and who are in need, hardship or distress.
(ii) Improve and refresh the Museum displays so that these continue to enlighten the Public about the County Regiment as well the Army today.
(iii) Insure the museum and its artefacts against unexpected disasters.
(iv) Maintain the Memorial Garden to a high standard.

c. Looking ahead, Trustees project at least a further 25 years required for benevolence. For the Museum and Memorial Garden, we are looking, initially, to 2032. We assess annual running costs, using predominantly volunteers working under an experienced curatorial team, to be of the order of £40-50k a year from 2022.

4. General Policies

Risk assessment, DDA and child protection policies continue to be maintained. The Child Protection Policy forms part of our Accreditation Status. A schedule of all risks is assessed annually covering the Museum, the Memorial Garden, electrical and office equipment. A COSHH register is also maintained, including dates when inspections and risk assessments and action taken, are carried out.

5. Regimental Museum

a. Whilst the Museum continues to subscribe to and be part of the Winchester Military

Museums’ group, it remains an independent body. Additionally, the Trustees continue to:

(i) Provide education opportunities. Working with the Winchester Military Museum group, the Hampshire and Isle of Wight Military Museum Forum, Trustees offer a range of exhibits and demonstrations to encourage schools to visit. In 2020, as the museum was closed for 5 months on account of various Lockdowns, the lack of tourists in Winchester and the requirement for visitors to wear masks, visitor numbers were down by 85% and were only at 1,400.
(ii) Advertise widely and use our website to encourage visits of groups of all ages.

(iii) Meet requests by local organisations to provide staff and Regimental experts to lecture on military and Regimental matters.

(iv) Encourage esprit de corps amongst former members of the Regiment.

b. Subscriptions via standing orders for the Museum and the Memorial Garden in 2020 were:

(i) Museum £12,062 and the Memorial Garden £340.

c. Trustees recognise the need to maintain the profile of the British Army in general and of the Royal Hampshire Regiment’s successors, the Princess of Wales’s Royal Regiment, in particular. To achieve this, they display a range of military publications and include a PWRR specific display.

d. Family Ancestor Research. The Museum maintains its complete archive, the contents of which are available to the general public. The number of paid for commissions from the public for assistance in researching ancestors connected with the Regiment has remained at around 25 per month, such is the interest that has been generated particularly by the centenary of WW1.

6. Memorial Garden

a. The Memorial Garden continues to be maintained as a place of tranquillity and is regularly visited through the year. Members of the public enjoy sitting on the benches, a sandwich lunch and time for reflection.

b. Again Lockdowns and the lack of visitors to Winchester meant that the overall number visiting the Memorial Garden was around 2,000. There were no Services held in the Garden as before and no requests for ashes to be scattered in the Garden.

7. The Comrades’ Association

a. The Comrades’ Association consists of independent local branches with the overarching Association run from Serle's House. Most branches did not meet during the year because of the Lockdowns and elderly veterans were shielding to avoid infection from others. More than a dozen Comrades died as a result of Covid-19. In the year there was only one central meeting of Secretaries of the branches instead of the usual two and the Regimental Sunday at the Royal Hospital Chelsea was cancelled.

b. As well as fostering the esprit de corps of the Regiment, welfare grants are given to exsoldiers and their families as necessary, if in need, hardship or distress. Grants are funded by the Comrades’ Association Fund (for soldiers) and the Miss Princeps Bowden Smith Memorial Fund (for officers).

c. Grants to soldiers are given in conjunction with the independent charity ‘The Hampshire and Isle of Wight Military Aid Fund’ after a recommendation from SSAFA or the Royal British Legion. Despite the pandemic, the number of requests for welfare grants was down and were made in only 30 cases, down by a dozen on the previous year.

8. Miss Princeps Bowden Smith Memorial Fund

a. The Miss Princeps Bowden Smith Memorial Fund merged with the Comrades’ Association in April of 2020, but not before grants had been made to 2 cases.

Chairman of Trustees Brigadier Tim Glass

11[th] October 2021

REGISTERED CHARITY NUMBER: 246 Re rt of the Tntstees and naudlted FIDanclal tstemen for The Roi'•l hire R Imetht Comrndes, Whe¢l¢r & Co Ltd Chartered Accountants Th¢ Shruiknry 14 Church Street Whitchurcb Hampshire RG28 7AB

be Roiil Ham hire Re iment ComrgdÉs' Contents ol the Finaneial St#tements PAge Rep)rt of the Tlte¢S I to 2 Indtpendeot ExamIne$ Report Ststement of Fln#Ddl Aetiylties BAhne¢ Sbttt Notes to the FthnelAI Ststements 6 12 DetAlled S¢•t¢ment of Fln•n¢l*l Actfvlties 13 to 14

Th¢ Roiil HI hire Re iment Comrades. Associatio rt of the Trustees for the Year Ended 31st Deetmber 2020 The trustees present their report with the fmancial sthtements of the chaftty for the yw ended 31st De¢¢mber 2020. The trustees have apted the provisions ol Accounting and Rertitig by Charities.. Statement of R&0mmendl Practic¢ 4)plicable to charities preparin8 their accounts in accor with the Finan¢1 Reporting Standard applicable in the UK and Republic of treland (FRS 102) {effective l January 2019). OR]EIVEs AND ACTIVITIES Objtetives ond aims The objects ofthe Comrths, AssocI10n are: To promote the efficiency of the successor Regiment (the Princess of Wales's Roy81 Regiment (PWRR)) by.. i) Fostering esprit de corps amon8 fornier members of the Royal Hampshire Regimettt and fomtt gnd servillg members of ihe PWRR and enablin8 them to keep in touch with Regimental alrairs and with one anothcr. ii) Assisiing fomier members of the Royal Hampshirc Regiment and former and rving rn¢mb¢rs of the PWRR 10 obtain suitable employment. b. To relieve fornier members of the Royal Hampshire Regimertt or fonn¢r and s¢rving m¢mb¢T8 of th¢ PWRR or their depend8nt& who are in need Iwdship distres8. "rhe Tne5 rn&y relieve persons in nttd by: a. Making grants of tnoney to them. or b. Providing or payiTh8 for goods. services or facilmes for them: or . Making grants of money lo otheT pwsons or bodies who provide go4 services or facilities to those tn need. Slgnlfic4nt ¥cih.Itlts Under th¢ obj¢(l ofesprii d¢ ry Tn9 that a number of the thinigtrative burdens of the other Regirnentsl Chari¢ies {¢g maintenance of the M¢rnoTia] Garden) w¢)uld be covered by the Comr&Jes' Association in an attempt to build up thc fun(Ls of the Mcmorial Garden. IL w&$ agr¢vJ by TnLstr¢s that move would be rnade to amE41gamate the Comrades. Association with that of the PriJL4ep5 Bowden Smith Memorial Fund (253997) fonn a Welfare Fund, subject io Charity Commission pem1100. This work ¢ompl¢d in June 2020. So£l#l lttvesiments Th¢ fo$tcring of Esprit de Corps among51 forrncr members of the Regiment is considered by the Thistees to be a very importan¢ Tol¢ of th¢ Comrad¢s' A5wGiation. Many of the fimcliuDS including the Annual Reuoion remain heavily subsidis¢d. GrntmaklD% The vast majority of benevolence to forn)er members of the Royal Hampshire Regiment hs athninisier¢d by the Hampshire and Isle of Wight Miliw Aid Ftsnd (4 separnte alld IndeFdent Charity (No 202363). to which the Comrades, Association cotttributes in most c&8es by up to 2fi of the grpllL STRUCTURL GOVERNANCE AND MANAGEMENT Governing document The charit) is controlled by its governin8 thcumen4 8 scheme dated 151 April 2(M)3 including V4 uniting direction linked to the Royal Hampshire Regimenl Museum (272965), Ro>"al Harnpshire Regiment Memorial Gard¢D TTr1 (275653) and Miss PrITh5,$ Bowd¢n-Smith Memorial FtsThl (253997). and constitutes ati lin¢0[ted charity. REFERENCE AD ADMINISTrATIVE DETAILS Registered Charity number 24612 PrlDelpal address Serle's House Southgate Street Wincbester Hampshire S023 9EG Page I

The Roial Ha hire Re iment Comr8des' Association rtofth T Trusttes Brig TAL Gloss Col PA Davi5 CBE Col SAC Fr¢r¢-Cook MBE Maj RW Coleman MBE Lt Gen D Chakn¢rs DSO OBE Mr PM Kirby Lt Col NfR Steevenson Maj IPB Taylor TD L¢ Col CF WaTren Ll Col SJNye MBE ex officio tn Setretary l.t Col CA Bulleid Independent Ex*mlDer Wheeler & Co L Chartered Aountnts The Shrubbery 14 Church Stre¢¢ Whilchurch HampshiTC RG28 7AB Approved by ord¢r of the ix)4rd of truslecs on .................. ... ..V.l.... signed on its behY4lf by.. Flrig T A L GIS- Thistee Page 2

Inde dellt EAamintr's Rt rt to the Trusttts of The Ro "al Ham hire Re imtllt Cotllrades. Association lodeptndent exmilltr's rert to th¢ truJt¢¢s of The Royal HAmpshir¢ Reg&m¢t Comrades. Assocltlo I r¢rK)rt to ibe C&Ity trustees my wminati(m of th¢ acwunts of The Royal Hampshire Regin)eM Comrades, As50¢iaiion (the Trust) for th¢ y¢ar ¢nded 3151 D¢c¢mber 2020. R¢spoR$lbllltl¢J b•sts ol ert As the chaTiry tru5¢5 of the Tnt you are responsibk for the wepMr&ti() of the accounts in COrdanCe H'ith th¢ requirements of the ChaTiti¢s Act 2011 Cthe Acrf). I reFx)rt in respe¢l of my examination of the Tnts¢s ac¢(Mwts carried out under 5eKtion 145 of the Aa and in carrying out my examination I have followed all opplkcable Dirertions given by the Clwity Commission under section 145(5Kb} of th¢ A¢t. Independent ¢xgmln¢r'$ ststemenl Since your ¢hwity'S gross in¢ome ex¢e¢ded £250.(iXI yw examiner must be a memir of a listed body. I can confimi that l am qualified to undertake the examinatim be¢ause l am a Tegistered member of which is one of the listed bodies. I have completed my examinatiott. l ¢onfEnn that no maTial matter5 have come to my attention in cotmection with the exaTnitiatior¢ givitig m¢ to believe in afty maria] spe¢L aLcounting records wert not kept in re5P¢Ct of the Tnts¢ as requi by section 130 of the Act,. or the accuunts do not accord with those r¢c(Yds; OT the accounts do not cornply with th¢ Jppli¢4ble requirements concerniD8 the forni and content of accounts sei out tn th¢ Chariliw (Arrounls gnd Reporty) Regulion5 2CK18 other than any requirement that the a¢¢ounis give a true and fair vt¢w whi¢h is not ronsidered part of an independeni examination. I have no concerns and have come across no other matter5 rn connec¢ion with the examination to which attention should be drawn in this report in der to enable a proper undttsthndift8 ofthe xcwiL8 tv be reathed. Kevin Wheeler FCA Whttler & Co Ltd Chartered Accountsllts Th¢ Shrubbery 14 ChUh Street Whitchurch Hampshire RG28 7AB Date.. Pag¢ 3

TheR 8lHa hlre Re meDt Ststement ofFIDatkcial ActiTritios 31.12.20 Unrestricted fimds 31.12.19 Total fimds INCOME AND ENDOWMENTS FROM Donations and legacies 50,000 760 Other trading activities Invesmient income Other income 673 16,656 252.623 1,388 17.443 Totsl 319.952 19.591 EXPENDITURE ON charitble artivliles Lhari¢ablc gTants and donati(3 Comrad¢s' activittes In 5UPPOrt of the Tegimental mu%urn In Supwrt ofthe m¢mori418arden 3,561 365 89.267 430 4,75l 4,605 38,973 6,067 TtstAI 124,644 80,635 Net gèins on investtnents NET INCOME 207.230 25.869 RECONCILIATION OF FUNDS TotAI fv*dJ brought forward 664,115 638,246 TOTAL FUNDS CARRIFD FORWARD 871345 664 115 The notes forni of thcse fiDawial sthtements

The Roval Associ3tioD 31.12.20 Unrestricted fid$ 31.12.19 Total fimds Notes FIXED ASSETS Tallgible &85ets Invesllnents 2,3 2,300 12 807.360 640.866 CURREKf ASSE15 Debtors Cash at bank 13 15,362 66.2 23.619 CREDITORS Amounts falling due within one year 14 (2.305) (6.370) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 871.345 664,115 NET ASSF.TS 871345 FUNDS UATeStrieted fvnds.. Comrad&8' A58ociation Genual Fund 15 871345 664 115 TOT AL FUNDS 871345 The fma ial gt&tements were approved by the Bc•rd of Thttt and authorised for issue on . and were signed on its bthaifby.. T A L Glas5- Truytee The n(th fiKm p8rt of th¢s¢ fmancial ststements

TheRv I rdes' I Statements r Ended 31st De¢embtr 2020 ACCOUNTING POLICIES B•sis of prering the financial sttements The financial Matements of the charity. which is a public ithefit entity under FRS 102, have been prepared in accordance with the Charities SORP {TrRS 102) 'Accounting and Reporting by Charities.. Staiement of Recommended Practice applicable io clwfftlies preparing their accounts &CaTr¢¢ with the Finamcial R¢porting STandard applicable in the liK and Republlc of treland (FRS 102) (effediv¢ l January 2019),, Financial Reporting Stand0 102 The Financial Reporting Sthndard Applicable in th¢ UK and Republic of Ireland, and the Charitie5 Act 2011. The fmancial ststejllents have bcen prepgr¢d und¢r th¢ historical cost convention, with the exception of invesllnents which att included at rn8rket v8lu¢, modified by the r¢valuition of certaln assets. lTh¢orn¢ All in¢om¢ i5 r¢wgnised in the Statement of Financial Activities once the clMrity has ¢ntitl¢meni to the funds, it is probable the incom¢ will be received and the amow]t can be measure41 reliabty. Expendlture Liobilit1¢5 are rxo8nised as expendItiC as soon as there is a legal lx ¢on5tTUCtive obligalion committing the chAriiy to that expenditure, it 15 probable that a transfer of economic benefits will b¢ r¢quir¢d in 5¢tt1¢rnent and the amount of the obligation wi be measured reliably. Expendibjre is acwunioj for on an attrua15 b18 and ha5 been cl&s$ifJed under headings thal aggregate a]1 c05t related io the cat¢80ry. Wh¢r¢ ¢o$ts cannot bc directly aitribut¢d to p4rticu]4r heading3 they bave been &llocat•J to athivities on a ba8is ¢onsistenl with thc use of sources. Grants offered gubi¢¢i io ¢ondtiiony which havo noi been at the year4nd date Sre noted a ¢ommiiment but noi a¢¢rued a$ ¢xp¢ndi¢urt. Alloctlon and pp)rtknttm¢n¢ of¢Nts As confjrnied at the Trnste¢s' Meeiuw on 26th JuDe 2015. the chIl). incur5 a char8e of 75% of th¢ man8gem¢ni and admiDiStr81ion costs of the rwmin8 the Regimentsl Tn Tan%ible Ilxed assets rkpreciatioo is wovided at the followin8 annual rntes in order to write off eath over its estimated uf] life. Freehold propety not provid¢d Taiation The charity is exempt from ttx on its clwitabie activities. Fund aceountlng Unrestricted funds can be used in accordw with the eharitybk obj#¢ives at the discretion of the trust8. Restrietrd funds mi only be used for particular restricted purposes within the objects of the Clwity. Restric¢ion5 arise when 5Flfied by the donor or when fimds atr rnised for particular restrict puwses. As agreed at the Tnths, ktefflin8 m 26th Jun¢ 2015. the funds which for decades tmd designated &s restricted and unrestricted should be combined The history of these funds dates back to just after the Se¢ond World War when certain money Iwl be¢n donated for the benefit solety of tbose Comrades who had been Prigon¢Ts of War. It was that as the numlKr of Con]rades still alive who fell into this &itegory was in single figures and this was the time to cotDbine the fimds. The cases for all comr*Je5 {those who had be£D isoners of war and those who had not) are 411 dealt with the same. Hlrt purcb45e leasing cotnmitments Rentals paid under operdting le&ses are charged to the Ststement of Financial Activities on a straight.IiAe basis over the period of the lew. Pagc 6 tilld...

The Ro al Ha hire R iment Comrades, As¢]tiO Notes to tht Financial St8teTh¢Dts- ntinUed for the Y¢8T Ended Jlst Decernber 2020 AccouNfLYC POLICILS- ¢outi•ued Penslon eosts and olh¢r posi-re¢iTeJnent benefits The charity op¢rat¢s a defined contribution pension scheme. Contributions payybl¢ to the charItS pension scheme are charged ty the Ststement of Fitwicial Activities iti the period to whTr¢h they re]ate. DONATIONS AND IGAclEs 31.12.20 31.12.19 IkJnation$ 760 OTHER TRADING ACTivrriES 31.12.20 31.12.19 Reunion Newsletter Wreath5 485 542 361 469 204 673 INVESTMEAYf INCOME 31.12.20 31.12.19 Dividends received Interest re¢eived 16.641 15 17,419 24 OTHER INCOME Other tn¢om¢ r¢lat¢5 to the transfer of fimds from the Miss Prin¢ep Bowden-smith Memorial Fund {253997) on the amal8amAtion of the charities on 3rd June 2020. CHARITABLE AcfiviTIES COSTS fimdin8 of actiyities (stt no Support 5ts (5¢e nolc 8) Totals Charitable grants and donations Comrades, a¢¢ivities tn supp)rt of the regimental museum In SUPFK)rt of the memorial garden 3,561 3,561 365 89267 430 365 34.819 430 50.0 4,448 continued...

TbeR Ke meot Conbrde5' 81 Sltcmeftts- eontinu 31st December 2020 GRANTS PA YABLE 31.12.20 31.12.19 Charitable grants and donati( ]n supw of the regitnenthl museum 3,561 4,751 The total grants paid to jolttionS during the yww&% as follows: 31.12.20 31.12.19 1,000 Royal Hatllpshire Kegiment Museum The totsl grants paid to individuals during the year was as follows: 31.12.20 31.12.19 HBnts and Isle of Wight MAF SUPPORT COSTS Governance costs Management Tothls her reSou¢S expendfjj In suPrt of the regimental muM 30211 810 31.021 810 Support 18, in¢luded in thr otx)ve, are as follows: Man4gefflent 31.12.20 31.12.19 SUPT ofthe Tegimentsl Tcsources expended Total actiYi¢ie$ Total activitie5 &&ff salaric$ Social cUrity Pensions Equipment repla¢em¢nt Insur8n¢e Travelling expenses Telephone Office costs Sundries Cleoning 39,r 1.414 1223 39.000 1,414 1,821 2,725 1,642 72 592 2.546 500 625 722 38.472 2,053 1,715 598 1,642 72 592 1,564 705 1.840 5(Kl 625 1.060 722 47211 4.448 5 1.659 48,569 Page 8 contillued...

The Ro)al Harn hire Reuiment Comrades, SUPPORT COSTS- CODtjDued Man*gemeDt- eon¢iDufd 31.12.20 31.12.19 support ofthe regimentsl resourtts Total 4¢tiviti¢3 Total activities BTought fonward T1 ¢05ts allocation Less PWRR Contribution 47211 (14.(XK)) 4.448 51,659 (14,(X>O) 48.569 (18,552) Governan¢t costs 31.12.20 Other ryources expended 31.12.19 Totsl activities Accountancy 810 810 TRUSTEES, REMUNERATION AND BENEFITS There were no truste¢s' remun¢Mion LY other behefits for the yeaT cnd¢d 31st December 2020 nor ftir th¢ year ended 31st December 2019. Tru$teM' expewes There were no tntstees, exp1¢$ paid for the year ujded 31st De¢ember2020 nor for the yur ¢nded 3 1st December 2019. 10. srAFF COSTS 'lThe average mrmthly numb¢rof employ¢vJ during the year was as follows: 31.12.20 31.12.19 Administrniion No employees rec¢iv¢d ¢moluments in ¢x¢¢&s of W,1). Page 9 contlnued...

The Ro%al Ha sociati ii. TAliGIBLE FIXED ASSETS Freehold property COST At 1st January 2020 and 315t Dcc¢mb¢r 2020 NET BOOK VALUF. At 31st December 2020 At 3 1st December 2019 12. FIXED ASSET INVESTMENTS Unli8ted investmenL4 MARKET VALUF At l yt January 2020 Addition5 Disposals Revaluations 644,566 198,572 (51,882) Ar 31$¢ D¢mber 2020 NET BOOK VALUE At 31$1 D¢¢ember 2020 At 31st De¢¢mber 2019 There were no iTrvestment a$ts c4Jtside the UK. The historic cost of the asset investments at 31st Dcccmber 2019 15 £443.094. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONF. YEAR 31.12.20 31.12.19 Inter trust balances Pr¢paymenrs and ac¢rued income 11,882 Pag¢ 10 continued...

Th ent Comrndes. tb ncial Statements- colltitiue the Year Ended Jlst December 2020 I& CREDITORS: A.MOUNTS FALLIliG DUE WITHIN ONE YEAR 31.12.20 31.12.19 Social security and other taxes Inter tDJSt balances Accnjed expenses 518 3,328 I& MOVEMENT IN FL'NDS Net movement At 31.12.20 At 1.1.20 UnT¢Stri¢¢¢d fynds C(KIad¢s, As5(Kiation General Fund 664.115 207,230 871,345 T()TAL FUNDS 207 230 871345 rnov¢rn¢nt in funds. Includ in the ab)ve are as follows.. Incoming resourc Resources expended Gains and losses Movement Unrotri¢ttd fundg Comrades, Association General Trund 319.952 (124,644) 11,922 207.230 TOTAL FUNDS 319952 207 230 CompArAtfves for movtmellt ID fndS Net D)ov¢ment in funds At 31.12.19 UDregtricted fun Comrnd& Association G¢n¢ral Fwid 638.246 25.869 664,115 TOTAL FUNDS CompBrative n¢t movemenl in funds. included in the at*)ve are as follows.. Incoming Resources expended Gain5 and losses Movement Unr¢stri¢t¢d fund$ Cotnrad¢s' Assoclation General Fund 19.591 (80.635) 86,913 25.869 TOTAL Fiil¥DS Pag¢ 11 continued...

Tb¢ Roixl H* hire Re iment Comrndes, Association otes to the FID3ncial StateJneD IS MOVEMENT IN FUI%DS- eoatinued A current year 12 months and prioryear 12 mcnths combined posiiion is as follows: N¢t movement in funds At 31.12.20 Atl.1.19 UDr¢gtrl¢¢ed funds CoTnrades' A550cialion General Fund 638.246 233.099 871.345 TOTAL FUNDS 638.246 233.099 871345 A current year 12 months and prior yur 12 months ¢ombiD¢d nei movement in fiwd& included in the above are as follows.. In¢omiD8 Ciains and 1055es Movement in fjjnds Unrestrlcted fvnds Comrth. Association General Fund 339.543 (205279) 98.835 233.099 TOTAL FUNDS 205 233 099 16. RELATED PARTY DISCLOSURES Ihere w'ere no related party transactions (or the ycar ended 31 De¢aDber 2020. Page 12

Tbe RoTh¥l Ha hire Re imeDt Comrades, Associ#tAo Detailed Statement of Fingnci31 Acttyities r the Vegr Eded 31st Decernber 2020 31.12.20 Unreytricted funds 31.12.19 Total funds INCOME AND ENDOWMENTS Donations and legacitJJ DoDation5 50,0(KI 760 Other trading •etivitieJ Reunion N¢w51¢tter Wre&ths 485 542 361 469 204 673 1.388 Inv¢stm¢Trl in£owe Divid¢nds r¢¢¢ivcd InteTe81 received 16.641 15 17.419 24 16,656 17,443 Other incorne Exceptional items 252 623 Total IneomlD¥ rejourees 319,952 19,391 EXPENDITURE Cb4rltsbl¢ a¢tlvltleJ Museum- wages Museum- s11 security Annual Reunion Wreaths Subscriptions Comrades, Esprit de Cofj)5 Museum- conservation Museum- interpretation Museum- volunt¢ers' expenses Museutn- IT supp(#t Garden maintenaDce Grants 10 institutions Grants to individuals 27,280 590 22,258 890 1,666 383 765 2.556 3,487 5,594 1,022 3,369 6,067 ,000 185 1.509 180 2.331 3.109 430 50,000 89.175 52,808 Support costs Mgn&geme#t Staff salaries Social security Pensions Carried fotward 39.IMM) ,414 1,821 42,235 38,472 2,053 1,715 42240 This page Ikns D(rt fonD twt of the fuwicial statements Page 13

The Royal Ha hirt Re iJDevJt Cornrdes' Associatiots Detai 31.1220 Unr¢stri¢tyJ funds 31.12.19 Total fund5 MaThg¢ment Brought fonNaYd F.quipment replacement Insurance Travelling expenses Telephone OtTice costs Sundries Cleaning Trustee costs Trust costs allocatio L¢ss PVJRK Contribution 42,235 2,725 1.642 72 512 2,546 500 625 722 (14.1) 42,240 1,564 705 1.840 1.060 1,160 (18,552) 34,659 27,017 Goytrnance c(fjts Ac¢ount8n¢y 810 810 Total resources expendf Net ID¢om¢ before ggln$ Ind h)sx4 195,308 (61,044) Re•ll8ed reeogDbed Elns Dd losxs Realised 88(10$$csI ott red asset investynthts Net Incorne 193426 This pag¢ does noi forni part of the slatu¢irty fttw)¢ia] stslements Pw14

2020-12-31-accounts