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2021-12-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
iVotes to the Financial Statements 7 to 14
Detailed Statement ofFinancial Activities 15 to 16

for th e Year End ed 31stDecemb er 2021
31.12.21 31.12.20
The
Hampshire
Comrades' 8'c Isle of
Association Wight
General Military Total Total
Fund Aid Fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 200 3,026 3,226 154,368
Other trading activities
Investment
income
Other income
498
19,233
16,270 498
35,503
675
29,965
252,623
Total 19,931 19,296 39,227 437,631
EXPENDITURE ON
Charitable activities
Charitable
Comrades'
In support
In support
grants and donations
activities
ofthe regimental
museum
ofthe meinorial
garden
2,198
1,140
40,236
25
8,459 10,657
1,140
40,236
25
67,841
365
89,267
430
Other 24,120 13,156 37,276 39,203
Total 67,719 21,615 89,334 197,106
Net gains on investments 128,416 108,773 237,189 7,279
NET INCOiVIE 80,628 106,454 187,082 247,804
RECONCILIATION
OF
FUNDS
Total funds brought forward 871,345 765,133 1,636,478 1,388,674
TOTAL FUNDS CARRIED FORWARD 951,973 871,687 1,823,660 1,636,478

31.12.21 31.12.20
The
Hampshire
Comrades' &Isle of
Association Wight
General Military Total Total
Fund Aid Fund funds funds
Notes
FIXEDASSETS
Tangible assets
Investments
11
12
2,300
933,476
800,281 2,300
1,733,757
2,300
1,480 302
935,776 800,281 1,736,057 1,482,602
CURRENT ASSETS
Debtors
Cash at bank
13 15,362
3,436
71.306 15,362
74.742
15,362
140,819
18,798 71,306 90,104 156,181
CREDITORS
Amounts
falling
due within one year 14 (2,601) (2,601) (2,305)
NET CURRENT ASSETS 16 197 71s306 87,503 153876
TOTAL ASSETSLESSCURRENT
LIABILITIES 951,973 871,587 1,823,560 1,636,478
NET ASSETS 951,973 871,587 1,823,560 1,636478
FUNDS 15
Unrestricted
funds:
Comrades'
Association
The Hainpshire
&Isle
Fund
General Fund
ofWight Military
Aid 951,973
871,587
871,345
765,133
1 823,560 1,636,478
TOTAL FUNiDS 1,823,560 1,636,478
The financial
statements
were approved by the Board ofTrustees and authorised for issue on ..........&.....O~!..~......and
were signed on its behalf by:

31.12.21 31.12.20
Donations
Legacies
Grants
200
1,698
51,306
98,641
3,566
Sub scriptions 1,328 855
3,226 154,368
Grants received, included in the above, are as follows:
31.12.21 31.12.20
Royal Hampshire Regiment Comrades Association 1,698 3,566
OTHER TRADING ACTIVITIES
31.12.21 31.12.20
Newsletter 453 471
Wreaths 45 204
498 675
INVESTMENT INCOME
31.12.21 31.12.20
Dividends
received
Interest received
35,497
6
29,938
27
35,503 29,965

Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
Charitable
Comrades'
In support
In support
grants and donations
activities
ofthe regimental
museum
ofthe memorial
garden
1,140
35,259
25
10,657 4,977 10,657
1,140
40,236
25
36,424 10,657 4,977 52,058
GRANTS PAYABLE
31.12.21 31.12.20
Charitable
In support
grants and donations
ofthe regimental
museum
10,657 67,841
50,000
10,657 117,841
The total grants paid to institutions during the year was as follows:
31.12.21 31.12.20
Royal Hampshire
Regiment
Royal Hampshire
Regiment
Museum
Comrades'
Association 50,000
50,000
100,000
The total grants paid to individuals during the year was as follows:
31.12.21 31.12.20
Individuals
Hants and Isle ofWight MAF
Royal Hampshire
Regiment
Comrades'
Association disbursed 7,261
1,698
1,698
10,714
3,561
3,566
10,657 17,841

SUPPORT COSTS
Governance
Management costs Totals
Other resources expended
In support ofthe regimental
museum 36,046
4,977
1,230 37,276
4,977
41,023 1,230 42,253
Support costs, included in the above, are as follows:
Management
31.12.21 31.12.20
In
support
Other ofthe
resources regimental Total Total
expended museum activities activities
Staff salaries
Social security
Pensions
Equipment
replacement
Insurance
Travelling
expenses
43,270
1,487
2,730
2,071
215
4,977 43,270
1,487
2,730
4,977
2,071
215
45,999
1,414
1,821
2,725
1,933
72
Telephone
Office costs
Sundries
793
1,722
353
793
1,722
353
1,020
2,800
500
Cleaning 688 688 625
Trustee meeting costs 717 717 722
Trust costs allocation
Less PWRR Contribution
(15,000)
~3,000)
(15,000)
~3,000)
(14,000)
~3,000)
36,046 4,977 41,023 42,631
Governance costs
31.12.21 31.12.20
Other
resources Total
expended activities
Accountancy 1,230 1,020

Administration 31.12.21
2
31.12.20
=2
No employees
received
emoluments in excess ofX60,000.
11. TANGIBLE FIXEDASSETS
Freehold
property
COST
At 1stJanuary 2021 and 31stDecember 2021 2,300
NET BOOKVALUE
At 31stDecember 2021 2,300
At 31stDecember 2020 2,300
12. FIXEDASSETINVESTMENTS
Unlisted
investments
MARKET VALUE
At 1stJanuary 2021
Additions
Revaluations
1,480,302
16,266
237 189
At 31stDecember 2021 1,733,757
4NET BOOK VALUE
At 31stDecember 2021 1,733,737
At 31stDeceinber 2020 3,480,302
There were no investment assets outside the UK.
The historic costofinvestments
is K1,195,666;revaluation
f538,091

DEBTORS:AMOUN TS FALL ING DUE WITHIN ONE Y EAR
31.12.21 31.12.20
Inter trust balances
Prepayments
and accrued income
11,882
3,480
11,882
3,480
15,362 15,362
CREDITORS: AMOUNTS FALLINiG DUE WITHIN ONE YEAR
31.12.21 31.12.20
Social security
and other taxes
518 518
Accrued expenses 2,083 1,787
2,601 2,305
MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
Unrestricted
funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
871,345 80,628 951,973
Aid Fund 765,133 106.454 871,587
1,636,478 187,082 1,823,560
TOTAL FUNDS 1,636,478 )87,682 1,823,560
Net movement
in funds, included
in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
Comrades'
Association
General Fund
The Hampshire
&Isle ofWight Military
19,931 (67,719) 128,416 80,628
Aid Fund 19,296 ~21,616) 108,773 106,454
39,227 ~89,334 237,189 187,082
TOTAL FUNDS 39,227 ~89,334) 237,189 187,082

Net
movement At
At 1.1.20 in funds 31.12.20
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
664,115 207,230 871,345
Aid Fund 724,559 40,574 765 133
1,388,674 247,804 1,636,478
TOTAL FUNDS 1,388,674 247,804 1,636,478
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
319,952 (124,644) 11,922 207,230
Aid Fund 117,679 ~72,462) ~4,643) 40,574
437,631 ~197,)06 7,279 247,804
TOTAL FUNDS 437,631 (197,106) 7,279 247,804
Net
movement At
At 1.1.20 in funds 31.12.21
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
664,115 287,858 951,973
Aid Fund 724,559 147,02$ 871 587
1,388 674 434,886 1,823,560
TOTAL FUNDS 1,38$,674 434,886 1,823,560

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
339,883 (192,363) 140,338 287,858
Aid Fund 136,975 ~94,077) 104,130 147,028
476,858 ~286,440 244,468 434,886
TOTAL FUNDS 476,858 ~286,440) 244,468 434,886

for the Year Ended 31 stDecember 2021
31.12.21 31.12.20
Unrestricted Total
funds funds
INCOME AND ENDOWMENTS
Donations
and legacies
Donations
Legacies
Grants
Subscriptions
200
1,698
1,328
51,306
98,641
3,566
855
3,226 154,368
Other trading
activities
Newsletter 453 471
Wreaths 45 204
498 675
Investment
income
Dividends
received
Interest received
35,497
6
29,938
27
35,503 29,965
Other income
Exceptional
items
252,623
Total incoming
resources
39,227 437,631
EXPENDITURE
Charitable
activities
Museum
-wages
Museum
- social security
27,894
908
27,280
590
Pensions 750
Wreaths 370 185
Subscriptions
Comrades'
Esprit de Corps
1,454
470
1,509
180
Museum
- conservation
Museum
-volunteers'
expenses 1,055
347
2,331
Museum
-IT support
Garden maintenance
3,151
25
3,109
430
Grants to institutions
Grants to individuals
10,657 100,000
17,841
47,081 153,455

31.12.21 31.12.20
Unrestricted Total
funds funds
Support costs
Management
Staff salaries
Social security
Pensions
Equipment
replacement
Insurance
Travelling
expenses
43,270
1,487
2,730
4,977
2,071
215
45,999
1,414
1,821
2,725
1,933
72
Telephone
Office costs
Sundries
793
1,722
353
1,020
2,800
500
Cleaning
Trustee meeting
costs
688
717
625
722
Trust costs allocation
Less PWRR Contribution
(15,000)
~3,000)
(14,000)
~3,000)
41,023 42,631
Governance
costs
Accountancy 1,230 1,020
Total resources expended 89,334 197,106
Net income before gains and losses (50,107) 240,525
Realised recognised
gains and losses
Realised gains,'(losses) on fixed asset investments ~3,764)
Net income ~30,107) 236,76)

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
iVotes to the Financial Statements 7 to 14
Detailed Statement ofFinancial Activities 15 to 16

for th e Year End ed 31stDecemb er 2021
31.12.21 31.12.20
The
Hampshire
Comrades' 8'c Isle of
Association Wight
General Military Total Total
Fund Aid Fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 200 3,026 3,226 154,368
Other trading activities
Investment
income
Other income
498
19,233
16,270 498
35,503
675
29,965
252,623
Total 19,931 19,296 39,227 437,631
EXPENDITURE ON
Charitable activities
Charitable
Comrades'
In support
In support
grants and donations
activities
ofthe regimental
museum
ofthe meinorial
garden
2,198
1,140
40,236
25
8,459 10,657
1,140
40,236
25
67,841
365
89,267
430
Other 24,120 13,156 37,276 39,203
Total 67,719 21,615 89,334 197,106
Net gains on investments 128,416 108,773 237,189 7,279
NET INCOiVIE 80,628 106,454 187,082 247,804
RECONCILIATION
OF
FUNDS
Total funds brought forward 871,345 765,133 1,636,478 1,388,674
TOTAL FUNDS CARRIED FORWARD 951,973 871,687 1,823,660 1,636,478

31.12.21 31.12.20
The
Hampshire
Comrades' &Isle of
Association Wight
General Military Total Total
Fund Aid Fund funds funds
Notes
FIXEDASSETS
Tangible assets
Investments
11
12
2,300
933,476
800,281 2,300
1,733,757
2,300
1,480 302
935,776 800,281 1,736,057 1,482,602
CURRENT ASSETS
Debtors
Cash at bank
13 15,362
3,436
71.306 15,362
74.742
15,362
140,819
18,798 71,306 90,104 156,181
CREDITORS
Amounts
falling
due within one year 14 (2,601) (2,601) (2,305)
NET CURRENT ASSETS 16 197 71s306 87,503 153876
TOTAL ASSETSLESSCURRENT
LIABILITIES 951,973 871,587 1,823,560 1,636,478
NET ASSETS 951,973 871,587 1,823,560 1,636478
FUNDS 15
Unrestricted
funds:
Comrades'
Association
The Hainpshire
&Isle
Fund
General Fund
ofWight Military
Aid 951,973
871,587
871,345
765,133
1 823,560 1,636,478
TOTAL FUNiDS 1,823,560 1,636,478
The financial
statements
were approved by the Board ofTrustees and authorised for issue on ..........&.....O~!..~......and
were signed on its behalf by:

31.12.21 31.12.20
Donations
Legacies
Grants
200
1,698
51,306
98,641
3,566
Sub scriptions 1,328 855
3,226 154,368
Grants received, included in the above, are as follows:
31.12.21 31.12.20
Royal Hampshire Regiment Comrades Association 1,698 3,566
OTHER TRADING ACTIVITIES
31.12.21 31.12.20
Newsletter 453 471
Wreaths 45 204
498 675
INVESTMENT INCOME
31.12.21 31.12.20
Dividends
received
Interest received
35,497
6
29,938
27
35,503 29,965

Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
Charitable
Comrades'
In support
In support
grants and donations
activities
ofthe regimental
museum
ofthe memorial
garden
1,140
35,259
25
10,657 4,977 10,657
1,140
40,236
25
36,424 10,657 4,977 52,058
GRANTS PAYABLE
31.12.21 31.12.20
Charitable
In support
grants and donations
ofthe regimental
museum
10,657 67,841
50,000
10,657 117,841
The total grants paid to institutions during the year was as follows:
31.12.21 31.12.20
Royal Hampshire
Regiment
Royal Hampshire
Regiment
Museum
Comrades'
Association 50,000
50,000
100,000
The total grants paid to individuals during the year was as follows:
31.12.21 31.12.20
Individuals
Hants and Isle ofWight MAF
Royal Hampshire
Regiment
Comrades'
Association disbursed 7,261
1,698
1,698
10,714
3,561
3,566
10,657 17,841

SUPPORT COSTS
Governance
Management costs Totals
Other resources expended
In support ofthe regimental
museum 36,046
4,977
1,230 37,276
4,977
41,023 1,230 42,253
Support costs, included in the above, are as follows:
Management
31.12.21 31.12.20
In
support
Other ofthe
resources regimental Total Total
expended museum activities activities
Staff salaries
Social security
Pensions
Equipment
replacement
Insurance
Travelling
expenses
43,270
1,487
2,730
2,071
215
4,977 43,270
1,487
2,730
4,977
2,071
215
45,999
1,414
1,821
2,725
1,933
72
Telephone
Office costs
Sundries
793
1,722
353
793
1,722
353
1,020
2,800
500
Cleaning 688 688 625
Trustee meeting costs 717 717 722
Trust costs allocation
Less PWRR Contribution
(15,000)
~3,000)
(15,000)
~3,000)
(14,000)
~3,000)
36,046 4,977 41,023 42,631
Governance costs
31.12.21 31.12.20
Other
resources Total
expended activities
Accountancy 1,230 1,020

Administration 31.12.21
2
31.12.20
=2
No employees
received
emoluments in excess ofX60,000.
11. TANGIBLE FIXEDASSETS
Freehold
property
COST
At 1stJanuary 2021 and 31stDecember 2021 2,300
NET BOOKVALUE
At 31stDecember 2021 2,300
At 31stDecember 2020 2,300
12. FIXEDASSETINVESTMENTS
Unlisted
investments
MARKET VALUE
At 1stJanuary 2021
Additions
Revaluations
1,480,302
16,266
237 189
At 31stDecember 2021 1,733,757
4NET BOOK VALUE
At 31stDecember 2021 1,733,737
At 31stDeceinber 2020 3,480,302
There were no investment assets outside the UK.
The historic costofinvestments
is K1,195,666;revaluation
f538,091

DEBTORS:AMOUN TS FALL ING DUE WITHIN ONE Y EAR
31.12.21 31.12.20
Inter trust balances
Prepayments
and accrued income
11,882
3,480
11,882
3,480
15,362 15,362
CREDITORS: AMOUNTS FALLINiG DUE WITHIN ONE YEAR
31.12.21 31.12.20
Social security
and other taxes
518 518
Accrued expenses 2,083 1,787
2,601 2,305
MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
Unrestricted
funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
871,345 80,628 951,973
Aid Fund 765,133 106.454 871,587
1,636,478 187,082 1,823,560
TOTAL FUNDS 1,636,478 )87,682 1,823,560
Net movement
in funds, included
in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
Comrades'
Association
General Fund
The Hampshire
&Isle ofWight Military
19,931 (67,719) 128,416 80,628
Aid Fund 19,296 ~21,616) 108,773 106,454
39,227 ~89,334 237,189 187,082
TOTAL FUNDS 39,227 ~89,334) 237,189 187,082

Net
movement At
At 1.1.20 in funds 31.12.20
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
664,115 207,230 871,345
Aid Fund 724,559 40,574 765 133
1,388,674 247,804 1,636,478
TOTAL FUNDS 1,388,674 247,804 1,636,478
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
319,952 (124,644) 11,922 207,230
Aid Fund 117,679 ~72,462) ~4,643) 40,574
437,631 ~197,)06 7,279 247,804
TOTAL FUNDS 437,631 (197,106) 7,279 247,804
Net
movement At
At 1.1.20 in funds 31.12.21
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
664,115 287,858 951,973
Aid Fund 724,559 147,02$ 871 587
1,388 674 434,886 1,823,560
TOTAL FUNDS 1,38$,674 434,886 1,823,560

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
Comrades'
Association
The Hampshire
&Isle
General Fund
ofWight Military
339,883 (192,363) 140,338 287,858
Aid Fund 136,975 ~94,077) 104,130 147,028
476,858 ~286,440 244,468 434,886
TOTAL FUNDS 476,858 ~286,440) 244,468 434,886

for the Year Ended 31 stDecember 2021
31.12.21 31.12.20
Unrestricted Total
funds funds
INCOME AND ENDOWMENTS
Donations
and legacies
Donations
Legacies
Grants
Subscriptions
200
1,698
1,328
51,306
98,641
3,566
855
3,226 154,368
Other trading
activities
Newsletter 453 471
Wreaths 45 204
498 675
Investment
income
Dividends
received
Interest received
35,497
6
29,938
27
35,503 29,965
Other income
Exceptional
items
252,623
Total incoming
resources
39,227 437,631
EXPENDITURE
Charitable
activities
Museum
-wages
Museum
- social security
27,894
908
27,280
590
Pensions 750
Wreaths 370 185
Subscriptions
Comrades'
Esprit de Corps
1,454
470
1,509
180
Museum
- conservation
Museum
-volunteers'
expenses 1,055
347
2,331
Museum
-IT support
Garden maintenance
3,151
25
3,109
430
Grants to institutions
Grants to individuals
10,657 100,000
17,841
47,081 153,455

31.12.21 31.12.20
Unrestricted Total
funds funds
Support costs
Management
Staff salaries
Social security
Pensions
Equipment
replacement
Insurance
Travelling
expenses
43,270
1,487
2,730
4,977
2,071
215
45,999
1,414
1,821
2,725
1,933
72
Telephone
Office costs
Sundries
793
1,722
353
1,020
2,800
500
Cleaning
Trustee meeting
costs
688
717
625
722
Trust costs allocation
Less PWRR Contribution
(15,000)
~3,000)
(14,000)
~3,000)
41,023 42,631
Governance
costs
Accountancy 1,230 1,020
Total resources expended 89,334 197,106
Net income before gains and losses (50,107) 240,525
Realised recognised
gains and losses
Realised gains,'(losses) on fixed asset investments ~3,764)
Net income ~30,107) 236,76)