# **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. 

1 



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. 

2 



(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. 

3 



Chairman of Trustees Brigadier Tim Glass 

11[th] October 2021 

4 



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 T￿lte¢S
I to 2
Indtpendeot ExamIne￿$ Report
Ststement of Fln#Dd*l Aetiylties
BAhne¢ Sbttt
Notes to the Fth*nelAI 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 a￿pted the provisions ol Accounting and Re￿rtitig by Charities.. Statement of R&0mmend￿l 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]E￿IVEs AND ACTIVITIES
Objtetives ond aims
The objects ofthe Comrths, AssocI￿10n 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 Tn￿e￿5 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 go￿4 services or facilities to those tn need.
Slgnlfic4nt ¥cih.Itlts
Under th¢ obj¢(l ofesprii d¢ ry Tn￿￿9 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 pem1￿100. This work ¢ompl¢*d in June 2020.
So£l#l lttvesiments
Th¢ fo$tcring of Esprit de Corps among51 forrncr members of the Regiment is considered by the Thistees to be a very
importan¢ Tol¢ of th¢ Comrad¢s' A5wGiation. Many of the fimcliuDS including the Annual Reuoion remain heavily
subsidis¢d.
Gr*ntmaklD%
The vast majority of benevolence to forn)er members of the Royal Hampshire Regiment hs athninisier¢d by the
Hampshire and Isle of Wight Miliw Aid Ftsnd (4 separnte alld IndeF￿dent Charity (No 202363). to which the
Comrades, Association cotttributes in most c&8es by up to 2￿fi of the grpllL
STRUCTURL GOVERNANCE AND MANAGEMENT
Governing document
The charit) is controlled by its governin8 thcumen4 8 scheme dated 151 April 2(M)3 including V4 uniting direction linked
to the Royal Hampshire Regimenl Museum (272965), Ro>"al Harnpshire Regiment Memorial Gard¢D TTr￿1 (275653)
and Miss PrITh5￿,$ Bowd¢n-Smith Memorial FtsThl (253997). and constitutes ati lin￿¢0[￿ted charity.
REFERENCE A￿D ADMINISTrATIVE DETAILS
Registered Charity number
246￿12
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 A￿ount￿nts
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 GI￿S- Thistee
Page 2

Inde
dellt EAamintr's Rt rt to the Trusttts of
The Ro "al Ham
hire Re imtllt Cotllrades.
Association
lodeptndent ex*milltr's re￿rt to th¢ truJt¢¢s of The Royal HAmpshir¢ Reg&m¢￿t Comrades. Assocl*tlo
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$lbllltl¢J b•sts ol ￿e￿rt
As the chaTiry tru5*¢5 of the Tn￿t you are responsibk for the wepMr&ti(*) of the accounts in ￿COrdanCe H'ith th¢
requirements of the ChaTiti¢s Act 2011 Cthe Acrf).
I reFx)rt in respe¢l of my examination of the Tnts¢s ac¢(Mwts carried out under 5eKtion 145 of the Aa and in carrying out
my examination I have followed all opplkcable Dirertions given by the Clwity Commission under section 145(5Kb} of
th¢ A¢t.
Independent ¢xgmln¢r'$ ststemenl
Since your ¢hwity'S gross in¢ome ex¢e¢ded £250.(iXI yw examiner must be a memi*r 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 ma*Tial matter5 have come to my attention in cotmection with the
exaTnitiatior¢ givitig m¢ to believe in afty ma*ria] ￿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) Regul*ion5 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 ChU￿h 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
charit￿ble 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
fi￿d$
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 Th￿ttt￿ 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
r*des'
I Statements
r Ended 31st De¢embtr 2020
ACCOUNTING POLICIES
B•sis of pre￿ring the financial st*tements
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 &C￿aTr¢¢ 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 expendIti￿C 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 b￿18 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.
Alloc*tlon and *pp)rtknttm¢n¢ of¢Nts
As confjrnied at the Trnste¢s' Meeiuw on 26th JuDe 2015. the ch￿Il). 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 u￿f￿]
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 trust￿8.
Restrietrd funds mi only be used for particular restricted purposes within the objects of the Clwity.
Restric¢ion5 arise when 5F￿lfied 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
till￿d...

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 charIt￿S pension
scheme are charged ty the Ststement of Fitwicial Activities iti the period to whTr¢h they re]ate.
DONATIONS AND I￿GAclEs
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 Conbr*de5'
81 Sl*tcmeftts- 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 jo￿lt￿tionS 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 suP￿rt of the regimental m￿uM
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
T￿￿1 ¢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$teM' expewes
There were no tntstees, exp￿1¢$ 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(KI￿ad¢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 f￿ndS
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 E￿ded 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- s￿1￿1 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 Cornr*des'
Associatiots
Detai
31.1220
Unr¢stri¢tyJ
funds
31.12.19
Total
fund5
MaTh*g¢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 E*lns *Dd losxs
Realised 88￿(10$$csI ott r￿ed asset investynthts
Net Incorne
193426
This pag¢ does noi forni part of the slatu¢irty fttw)¢ia] stslements
Pw14

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 T￿lte¢S
I to 2
Indtpendeot ExamIne￿$ Report
Ststement of Fln#Dd*l Aetiylties
BAhne¢ Sbttt
Notes to the Fth*nelAI 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 a￿pted the provisions ol Accounting and Re￿rtitig by Charities.. Statement of R&0mmend￿l 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]E￿IVEs AND ACTIVITIES
Objtetives ond aims
The objects ofthe Comrths, AssocI￿10n 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 Tn￿e￿5 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 go￿4 services or facilities to those tn need.
Slgnlfic4nt ¥cih.Itlts
Under th¢ obj¢(l ofesprii d¢ ry Tn￿￿9 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 pem1￿100. This work ¢ompl¢*d in June 2020.
So£l#l lttvesiments
Th¢ fo$tcring of Esprit de Corps among51 forrncr members of the Regiment is considered by the Thistees to be a very
importan¢ Tol¢ of th¢ Comrad¢s' A5wGiation. Many of the fimcliuDS including the Annual Reuoion remain heavily
subsidis¢d.
Gr*ntmaklD%
The vast majority of benevolence to forn)er members of the Royal Hampshire Regiment hs athninisier¢d by the
Hampshire and Isle of Wight Miliw Aid Ftsnd (4 separnte alld IndeF￿dent Charity (No 202363). to which the
Comrades, Association cotttributes in most c&8es by up to 2￿fi of the grpllL
STRUCTURL GOVERNANCE AND MANAGEMENT
Governing document
The charit) is controlled by its governin8 thcumen4 8 scheme dated 151 April 2(M)3 including V4 uniting direction linked
to the Royal Hampshire Regimenl Museum (272965), Ro>"al Harnpshire Regiment Memorial Gard¢D TTr￿1 (275653)
and Miss PrITh5￿,$ Bowd¢n-Smith Memorial FtsThl (253997). and constitutes ati lin￿¢0[￿ted charity.
REFERENCE A￿D ADMINISTrATIVE DETAILS
Registered Charity number
246￿12
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 A￿ount￿nts
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 GI￿S- Thistee
Page 2

Inde
dellt EAamintr's Rt rt to the Trusttts of
The Ro "al Ham
hire Re imtllt Cotllrades.
Association
lodeptndent ex*milltr's re￿rt to th¢ truJt¢¢s of The Royal HAmpshir¢ Reg&m¢￿t Comrades. Assocl*tlo
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$lbllltl¢J b•sts ol ￿e￿rt
As the chaTiry tru5*¢5 of the Tn￿t you are responsibk for the wepMr&ti(*) of the accounts in ￿COrdanCe H'ith th¢
requirements of the ChaTiti¢s Act 2011 Cthe Acrf).
I reFx)rt in respe¢l of my examination of the Tnts¢s ac¢(Mwts carried out under 5eKtion 145 of the Aa and in carrying out
my examination I have followed all opplkcable Dirertions given by the Clwity Commission under section 145(5Kb} of
th¢ A¢t.
Independent ¢xgmln¢r'$ ststemenl
Since your ¢hwity'S gross in¢ome ex¢e¢ded £250.(iXI yw examiner must be a memi*r 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 ma*Tial matter5 have come to my attention in cotmection with the
exaTnitiatior¢ givitig m¢ to believe in afty ma*ria] ￿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) Regul*ion5 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 ChU￿h 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
charit￿ble 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
fi￿d$
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 Th￿ttt￿ 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
r*des'
I Statements
r Ended 31st De¢embtr 2020
ACCOUNTING POLICIES
B•sis of pre￿ring the financial st*tements
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 &C￿aTr¢¢ 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 expendIti￿C 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 b￿18 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.
Alloc*tlon and *pp)rtknttm¢n¢ of¢Nts
As confjrnied at the Trnste¢s' Meeiuw on 26th JuDe 2015. the ch￿Il). 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 u￿f￿]
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 trust￿8.
Restrietrd funds mi only be used for particular restricted purposes within the objects of the Clwity.
Restric¢ion5 arise when 5F￿lfied 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
till￿d...

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 charIt￿S pension
scheme are charged ty the Ststement of Fitwicial Activities iti the period to whTr¢h they re]ate.
DONATIONS AND I￿GAclEs
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 Conbr*de5'
81 Sl*tcmeftts- 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 jo￿lt￿tionS 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 suP￿rt of the regimental m￿uM
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
T￿￿1 ¢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$teM' expewes
There were no tntstees, exp￿1¢$ 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(KI￿ad¢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 f￿ndS
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 E￿ded 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- s￿1￿1 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 Cornr*des'
Associatiots
Detai
31.1220
Unr¢stri¢tyJ
funds
31.12.19
Total
fund5
MaTh*g¢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 E*lns *Dd losxs
Realised 88￿(10$$csI ott r￿ed asset investynthts
Net Incorne
193426
This pag¢ does noi forni part of the slatu¢irty fttw)¢ia] stslements
Pw14