2021-03-31-accounts - Royal Tank Regiment Benevolent Fund

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			Page
Report ofthe Trustees		I	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		g	to	17

			f	or the Year	Ended 31March	2021
							2021	2020
					Unrestricted	Restricted	Total	Total
					funds	fund	funds	funds
				Notes			f.
INCOME AND ENDOWMENTS			FROM
Donations and legacies				3	16,777	571	17,348	10,075
Other trading activities Investment income				4 5	1,003 ~90 853	~56 402	1,003 147,255	1,502 192,487
Total					108,633	56,973	165,606	204,064
EXPENDITURE	ON
Raising funds					9,964		9,964	1,279
Charitable activities				6
General					85,387		85,387	150,175
Major Potter Fund						2,558	2,558	165,637
Other					19,499	12,068	~31567	32,314
Total					114,850	14,626	129,476	349,405
Net gains/(losses)	on investments				539,364	333,817	873,181	~492,880)
NKT INCOME/(EXPENDITURE)					533,147	376,164	909,311	(638,221)
RECONCILIATION		OF FUNDS
Total funds brought		forward			2,969,076	1,716,141	4,685,217	5,323,438
TOTAL FUNDS	CARRIED FORWARD				3,502,223	2,092,305	5,594,528	4,685,217

			Balance Sheet	Balance Sheet
			31	March 2021
							2021	2020
				Unrestricted		Restricted	Total	Total
				funds		fund	funds	funds
		Notes
FIXEDASSETS
Investments			13	3,420,146		2,041,187	5,461,333	4,388,236
CURRENT ASSETS
Stocks			14	7,764			7,764	16,716
Debtors			15	1,588		623	2,211	5,424
Investments			16	13,890		20,873	34,763	74,524
Cash at bank			17	65,663		57,633	123,296	304,424
				88,905		79,129	168,034	401,088
CREDITORS
Amounts falling due within one	year		18	(6,828)		(28,011)	(34,839)	(104,107)
NET CURRENT ASSETS				82,077		51,118	133,195	296,981
TOTAL ASSETSLESSCURRENT LIABILITIES				3,502,223		2,092,305	5,594,528	4,685,217
NET ASSETS				3,502,223		2,092,305	5,594,528	4,685,217
FUNDS			19
Unrestricted funds							3,502,223	2,969,076
Restricted funds							2,092,305	1,716,141
TOTAL FUNDS							5,594,528	4,685,217
TP f"'""'I' '* "	PP "PIPB B	d	fT	d B	f df	f .	&I.,!!....2'f..., ..d...
signed on its behalf by:

								Grant
								funding of
							Direct	activities	Support
							Costs (see	(see note	costs (see
							note 7)	8)	note 9)	Totals
	General						1,395	55,658	28,334	85,387
	Major Potter	Fund					400		2,158	~2558
							1,795	55,658	30,492	87,945
7.	DIRECT COSTSOF CHARITABLE ACTIVITIES
									2021f	2020
	Headstones,	wreaths,	flowers and			drapes			867	814
	Fields ofRemembrance								222	403
	Gifts								306	409
	Admin costs								400	400
									1,795	2,026
8.	GRANTS PAYABLE
									2021	2020
									f,	f.
	General								55,658	118,586
	Major Potter	Fund								163,479
									55,658	~282 065
	The total grants paid		to	institutions		during the year was	as follows:
									2021	2020
	ABFthe Soldiers' Charity				annual	grant			5,000	5,000
	Colonel Commandants			Fund (Cambrai)					2,000	25,000
	RTR Publications								4,000	4,000
	Colonel Commandants			Fund (3i)						12,108
	Royal Tank	Regiment								114,115
	Colonel Commandants			Fund (Events)					3,000	15,000
	Desert Rats								1,000
									~15 000	~175 223

	STAFF COSTS
					2021		2020
					f,		f
	Wages and salaries				21,006		20,394
	Other pension costs				~1428		1,357
					~22 434		21,751
	The average monthly	number ofemployees		during the year was as follows:
					2021		2020
	Staff					I	1
	No employees received emoluments		in excess off60,000.
12.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted		Total
				funds	fund		funds
							8
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			10,075			10,075
	Other trading activities Investment income			1,502 118,650	~73	837	1,502 192,487
	Total			130,227	73,837		204,064
	EXPENDITURE ON
	Raising funds			1,279			1,279
	Charitable activities
	General			150,175			150,175
	Major Potter Fund				165,637		165,637

Notes to the Financial Statements - continued for the Year Ended 31March 2021	Notes to the Financial Statements - continued for the Year Ended 31March 2021	Notes to the Financial Statements - continued for the Year Ended 31March 2021	Notes to the Financial Statements - continued for the Year Ended 31March 2021
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
		Unrestricted	Restricted	Total
		funds	fund	funds
Other		19,960	~12 354	32,314
Total		171,414	177,991	349,405
Net gains/(losses) on	investments	~304,452)	~188,428)	~492,880)
NET INCOME/(EXPENDITURE)		(345,639)	(292,582)	(638,221)
RECONCILIATION	OF FUNDS
Total funds brought	fonvard	3,314,715	2,008,723	5,323,438
TOTAL FUNDS CARRIED FORWARD		2,969,076	~1716 141	4,685,217

	f	or the Year E	nded 31March	2021
14.	STOCKS
					2021	2020
	Accoutrement stock				7,764	16,716
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN		ONK YEAR
					2021	2020
	Sundry debtors				582	827
	Accrued income				1,629	4,597
					2,211	5,424
16.	CURRENT ASSETINVESTMENTS
					2021	2020
	35 day liquidity account				34,363	74,524
17.	CASH AT BANK
					2021	2020
		General	Computer	Major	Total	Total
		fund	fund	Potter fund	funds	funds
	Bank current account	33,991			33,991	10,056
	Computer current account				5	5
	Major Potter current account			1,000	1,000	1,000
	Cash held in Fixed Asset
	Investment accounts Major Potter deposit account	31,667		45,384 11,249	77,051 ~11249	282,824 ~10539
	Total	65,658		57,633	123,296	304,424

								Net
								movement	At
							At 1,4.19	in funds	31.3.20
								f,
Unrestricted	funds
General fund							3,314,464	(345,641)	2,968,823
Computer fund							251	2	253
							3,314,715	(345,639)	2,969,076
Restricted funds
Major Potter	fund						2,008,723	(292,582)	1,716,141
TOTAL FUNDS						~5,323438		~638,221)	4,685,217
Comparative	net movement		in funds, included	in the above are as follows;
				Incoming			Resources	Gains and	Movement
				resources			expended	losses	in funds
Unrestricted	funds
General fund				130,225			(171,414)	(304,452)	(345,641)
Computer fund					2				2
				130,227			(171,414)	(304,452)	(345,639)
Restricted funds
Major Potter	fund			73,837			(177,991)	(I88,428)	(292,582)
TOTAL FUNDS				204,064			~349,405)	~492,880)	~638221)
A current year 12months		and prior year 12 months combined			position	is	as follows:
								Net
								movement	At
							At 1.4.19	in funds	31.3,21
							f,	f,	8
Unrestricted	fuads
General fund							3,314,464	187,506	3,501,970
Computer fund							251	2	253
							3,314,715	187,508	3,502,223
Restricted funds
Major Potter	fund						2,008,723	83,582	2,092,305
TOTAL FUNDS						~5323438		~271 090	5 594528

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		238,858	(286,264)	234,912	187,506
Computer fund		2			2
		238,860	(286,264)	234,912	187,508
Restricted funds
Major Potter	fund	130,810	(192,617)	145,389	83,582
TOTAL FUNDS		369,670	~478 881)	380,301	271 090