REGISTERED CH.4 RITI, N, I'NI IIF. R.. 243487
Report of lh¢ Trustees and
FinAnciBI StAtement
for thc Year Ended 31 March 2024
for
Th¢ Roi'al Tank Regiment Beiieiolent Fund

The Roj'al Tank RegTiinent Bcn¢voleni Fund
Conients ol-the Financial Siaiemenis
for ihe YLar F.ndcd 31 March 20?4
IndLPLndilll LA￿lnEr s KiPI)rt

The Ro￿9] T&nk Regimeni Bene¥oleni Fund
Rei)firi Df th¢ Trusttes
ror thL' V t#r Fndld 31 f*1arch 2024
The Tru51ee5 preseni Iheir rewrt iyiih the finanLial 8laieiiient% of Ili¢ chariii. for ihe l'ear ended .1 l March ?0?4. The Truslees
Iiave (idupied IliL' pro￿ isi011s ol. ALLLILiniin!7 dnd RtrpL)rtjn&l
charilits piepai'iiil their dccounis in (ILLurdance with the Fin<inci<il Reportin! Si<inddrd appliL<ible in the UK and Republic of
IrelaiiLI11--RS I O?) lel'teciii'e l Januar! ?0191.
OIUF.CTIVES AND ACTI￿,1T1ES
l)hjecti%'es and aims
I'o relieve ¢ithcr gienernlli or individiiall}. present or past members ol'the Ro}'al Tank R¢giini¢nt and tlieir iimincdiate
dep¢ndanis iiliLI are In need. hardsliip or distress.
To proiiioie Ihe efticienck oftlie RoN'dl Tank Rc¥Timellt through the education and iTaiiiinsT of 5er% tn¥y metnbcrs of th¢
The StrateRie% Emplo%¢d to Achiei e the Charill's Objeetll'¢5 #re:
d. Nliiinl£lili <1 IIiLJli public pri)file ol. Mork ul. Ihe R TR Ben¢i i)leiii Fiind bv publishin¥) noiices in ihe 'Tank' Journ<il and
Ihi'oug)h present￿llIOn iu both ihe Regj iineiii aiid Associaiioii Meinbers.
b. ALI <lS il t()cal poiiii lor all i%ellare aiTencies such as SSAFA and RBL.
Proi'idl a strucitjre K%her¢bi dL)lldlion LTli inL¥ 15 ci)n%eniL'nl dnd dLLLpled.
d. Proii)oie the Charili. ivithin Si)cial Media and also the Ra)'al 'l"ank RcL7iineni Website and the RTR App.
The Inaiii sources of income for tl)e RTR Benei'olent Fund Lome frvm. donation5 froim indii'iduals. leliacies and ini'esiineni
incume.
I'iiblic hencfit
I-IIL .1 ruSlLL'% cniiliriii Iliai (he!. hai'e Loimplied li-iili the dulv in seLIiLin 171$) ul. Iht ?0 I I Charities Acl to hav¢ duc regTard 10
Iht L7uidaii¢¢ coniaiiied in the Cl)arili' Coiiiinis5101)'5 ¥ieneral oiuiddnLe un publiL benel It iilien rei'ieii'iiig Ihe T rusi's ai1715 and
objeciivcs.
AC-IIIF-VF.1IF.NT AND PERFORMA.YCE
C'hdrilAblL' actii iiiv
c. -I-IIL 1111¢ rkei ￿{lIu¢ ol. the invesiinl'ni ponlolio il'a% Is 181.344 1?D• j £5 01 O.?JS1. -1-Iiis Iibiiire includ¢s cash held b> JM
l.'inn.
INANCIAL RF.I'IEII'
I lic Iinaiicial posilion ol the CliariTh' ai Ihe balance sheet dale was secure. I'he assets ol. (he Charili, are held for th¢ Li¢neralion
ot funher income. The¥ cons15t priii¢ipalli ot- in￿e$ll1)inES M'hich are slioiwn in the accounis at n)arkei NalLIe.
Tru5tees' PoMer of IniestmentS
All suin8 ot. CL?sh ai ¢in% iimL' %lcindin¥ lo the credit of tlie 5<iid bankiii£J accoiiiii and noi requircd bl tliè Nlaiiaging Trusl¢e5
li)r i¥orkiniT purpos¢% %hall he paid as s()on as kx)ssible 10 Ilie CiJ%i()dian Tru51ee ￿'hO sliall iiive5t Ilie sainc in tlie name ol'ihe
Cusiodian -I'rusi¢e iii trust for Ilic C'harirn in an¥ iniLsiiii¢ni% auihori%ed tor IhL invesiiiieni ol-lrusi t'unds ot tlie Cliariry a% Ili¢
b. TIIL. Tru%iies Iiic ￿e Ihl poiiei- to ￿1pP￿l￿r an Ini¢%tmcni ￿la￿a￿Ter and to dolcgate 10 him discrLrionarn' pomer in relatiun to
Ihc niaiiagLineni ol-thL Ch£iriN's ini'c%inicni%.
c. -l-hL TrusiL'es h￿7￿c tli¢ pniicr io ppoini a corporaiL biidi. Ils the Trusiees, nomineL l() hold IliL TrnTre5rni¢nis for ilie Charli%.
d. ThL 'I'rusicc8 hai'c ￿)lien JM F1nn &. C'o discrLIIonc11?' Pl)I%L TS Ot. inN'e51mcnT l+ Ithin rh¢ pari< iiici¢r% ol
I I I Inveslincni ()bjecii¥es'.
lal InLvine .1 arLil'. M'as £?011.11110 for Iht i'Lar.
Ibl (-,,,.-
l?) l.Li'el ol- Risk.. l-lie p(Infolio 18 hcld iii a conibin¢iiinn nt. Incdium risk and lo1￿ risk ini'esimenis.
lil IllLllt of ini'i'%imLni incvine ib ThonrhlN' on (1 rotal rcluTns b&sis.
e. Tlie Triisiees hd%'¢ niad¢ JM Finn f*oTMinees Lid Triisiee Noininee.
Pagc I

The Roi'al Tgnk Regiment Benel'olent Fund
Report of the Trustee5
for ihL I'L'#r Endid 31 .M#rch 2024
Fl%¥ANCIAL REVIEW
Reseri'¢% polici
¢.xpendiiure. Thi5 provides sutficicnl fuiid% io cover InaiTraLJeineiii <ind admiiii51rdliun and support Losls. Uni't511-iLied liiniJ5 dre
Iiiaintained dl Iliis lev¥1 Iliroulhoui ihe l'ear. Free reseri'es are £!8.1571?O) j'.£66.9661 calLylalcd bN' subiracting fixcd d5sei
ini'isiniLni Irom Ljnresiricied I'iind5.
FL TLIRF. PL.4.NS
TIIL. ChLiriii li ill cnniinue to proi'ide i￿ran($ of benevolence frorn an expected reasoncible income. The Tru51ees have made the
deci%ion to chang￿e In¥e%iilleni proi iders from JM Finn lo CCI.A. the ii'ill take plaLe JulN.'ALIITUS1 ?0?4.
STRLCTLRE. CON'ER%APiCE AYD MANACE1¥1E.N4T
CJQl'¢rDing document
TIIL Chai'iiK Lalled Ihe Ro! al Tank ReLTimeni Bene￿oleNt Fund is regTulat¢d scli¢nies ot the Chariti, Commissioners ddled 7
Scpieinber l 978. 4 DeLeinber 197) ￿1nd 18 Februan 1970 reSpeCti￿e]￿. as anieiided bi a tunh¢i' schein¢ dated 15 S¢ptemb¢r
1998 and 18 November ?00?
Goi'ernin2 Duiuments Limiting Actii'ities
J-here are no limilini7 activities in tlie Goi emin& Document.
Reiruiimcnt atld appointnient ()f neil tru%tees
-1 I'USl¥L5 are iippoini¢d bN Ili¢ii- l-ank (liid appuiniii)ent in the Roi al Tank Regyiineni. Th¢ prospecti￿e -l-rusi¢es re¢eiv¢ a
Coniinandani. Roi'al .1 ank ReLiiinent.
Or2#nhs#liuTral slrllctltre
l-lie Hoard ul-'I'riislees ddiminisler ihe Ch￿l1.￿li.. The Budrd iii¢¢l unLV (l i ¢<tr ullicialli dnd iofver F'iiiance and Independent
IiispeLiiun. AddiliLllldl nieetlllgT% al'e lTreld li Iieii neLe%5<11-i. -I'he R¢¥Tjii)enial SeLreiaTh Inai)agyes (he dal li) ddtr operaiion ol-lhe
a. -l-IIL RI R 14LiiLiiilLni F'iind operates for servin¥ and eA-sLrvin¥ R'I'R InLinbcrs it. IhL} Should rcquirc assisiance. 'l-hi% also
iiicludos thlir d¢pLndanis.
b. I licrl is one liill-iiiiie paid niember ol. S11( Il.. l-he salan cosis ii'ere sliared ii'ith th¥ Koi'al Arniourcd Corps Memorial -1 rusi
(until J l October ?0231 and the Royal Tank R¢!7itnent Colonel Commandanis Fund. The percenrages i¥ere lip 10 31 October
(11 RAC'M I IO'/o.
(21 R I R - 90° D ￿hICh 15 1.iirtheT 5ub-di*ided..
liil R l R 14F' 8$0.
li} l."roni l Nai'Liiiber 10?3 _ R TR IQOO/o
There iierL n() rnaj()r ncii aciiviiic5 F-inancial Year ?0? j'74.
The R TR BLncNolcnt l.'uiid coniinuid io prni'idc ben¥￿01¥￿(C dnd siipport lo inLT ￿l￿d cx in(T
Rl'R membcr8 and their
immL'dialc dLpcndanis. proninring Ilie csprii dc corps and InilitaiTr' ettici¢ncJ of units and providing funds for educaiin
IindL'fiTfiidLtale5.
d. I'herL i%-ere no chaniic% iii rlic ChariiK'% pnlirics nr OTc7aiii%<ili()n in Ihe FinanL11< l Yedl ?0? .14
c. ThL Ch<2rilS is dependeni on tlie Mini%lrn ut. Dcl'enLe I'ur IhL l)roN ision ol. preinises and other IIAed a55et5 to enable it to
cai'r%' oui lis objtCli*Ls. 11 1S L(?nsidLred tli£il the L()515 ol'ihese are noi sigwnilicani. Asseis are iailable nd adeqiicile in respcct
ML'L'liTr￿S
I'lll Trusle¢s nieel officiall!. once a !¢ar nomiallj tn N.ov¢mb¢r'D¢c¢inb¢r.
PaLTe 2

I'he Rollll Tgnk Regiment Ileneiolent Fund
RL'purt of thi, Tr￿llee$
for th¢ I'e%tr F.nded J l .Mld rf h 21)24
TRUCTURF.. GON'ERYA)CF .4Tr*D fvIAYAGEMEJT
Induction #n(J tr¥ining of Il¢M trustLC
New Tru51Lu% iiceiie a brieling pack from (he Regimenial Secreiary.. Thi5 bricfing pack coniains the followin!J docLiillenls'.
b. Annual Repori and Accniiiiis.
MLLtin¥ ProLedures.
d. TrusteLS' Report
Thei. will also aiiend an ()rtelllaiion se%sion i￿lih (he Colonel Commandani and the RcLJiillcntal %ccrctar)' prior 10 iheir Iirst Trustcc
Me¢1111!. Duriiit) this briefin, thei. ill b¢ niadl aware of iheir rolc aiid responsibilir%' c1S a TrusieL. the i-olL of Ihc Chariii. C'oinmission.
th¢ deLisioii InakiiiLT pfoLe5S <ind thi'll ii'ill be able 10 ask ank questions IhLi m£11 h<lVe fr()m ihL do¢umciitaiion ii'liich ha5 been
prvvidLd tl) thein. Durinil Ihe ori¢iitaiion session ihel li ill be ¥iken the oppurtuniti. tu m¢d In¢nib¢rs of staff and the oihei-FIu5tees.
All Trustees are made dware (Il. cKiernal trainin¥ eients and are encoLJraued 10 attend.
Connected Ch#ritiC5
I I l RoNal Taiik RL&biinent AssoLldEI(111.
{?} R"l-R Colunel Coiiiinandanis Fund.
131 R(¥! dl Tiink RL,'inieiii Publ[L￿1¢l￿n￿.
141-T-lie Jain¢s Dei¥liurst Trllsi.
All the aboie are subj¢ci 10 coniinon Li)Iitrol of ihe Trusiees.
In addiiion I he Rol'dl T￿InK R¢!Tiineni Bejiei'oleni Fund was conneLied li ith tht Roval Arillour¢d Corps fvlemorial Trust lu thc ¢xtcni
ol-LOllllliOll adininistraiion dnd shariiigj ot-costs up 10 31 Ociober ?0?3.
Risk rnanu%enJeiit
curr¢ni ILkL1s. coinbincd %¥ lili ali annudl rei'ieii ot. Ilie cuiilrols o%Lr KLN finaiicial si Sliiiis. M ill proviLle sulliLiL'nl rcsources in Ihe
eveni ot. advLw' Lc)ndiiion5. -1-lie l-ru%lLL'S hdl'¢ 41su ¢x(Iillinvd uiher operational aiid businLSS risks la¢eLI b). the Chdl'lt),
d Confirm
rhai Ihev hiive eslahlished s> 51¢iMs lo Inii ji)aie Ili¢ signili¥ani risk¥.
RF.Fb'KTr-.NCF AYD AI)MINI 15TR.4TIVE DETAILS
Regislcrcd Chariti. nuniber
?484X7
Principal #ddrc55
The R()1 {11-1 ank ReLyiIMenl
HHQ RI"R Sicinlei. Barracks
inLJion
Il'dTLhaTn
DursLI
BH?0 6JB
Trusices
Col()NLI Comni<indani Roi'al Tank RLiITin)eni - Ilrig (J J I hoinpsoti
Dcpui) ('oli)nLI C(?niinandani - Flrig (Reid) N I Co￿£}. M141..
CominaiTrdinLY ()11 IcLr R'I'R 1.1 Lol M N, 11 l.uson I Ironi 18 (ILiober ?0231
Commandin¥i ()tTicer R TR . Li Col % l) Worrh (resigned 18 Ociober ?0231
'I'he Trusiees are knom'n as IhL Reiwinienlal Coiincil. The addres% of all Trustees is via the Regiincnial ￿eretary.

Report of the Trusltes
for the Year Ended 31 March 2024
REFF.RF.NC-F. .4ND ADP*llYIsTRATI￿'F DETAILS
Ind¢pend¢nt F.xurn incr
J A RILh£irdsnii l."C'A FCC'A DChA
3? Ali ard Ruad
orsLI
t411217NT
Solicitor
W'aiehain
l)orsei
BFIIO 4AN
Ini'estment adi'i5er5
JM l.inn &. C-i)
?.5 Copihall Avenue
l.ondon
EC?R 7AH
Trustce5 Nomince Compan
JM Finn Non)inLLs Lid
?5 Copihall A*LnuL
Luiidoii
EC?R 7AH
BynkL'fs
?OU l.oii ler Ai'¢nue
"<irnborouLbli
GU14 7JP
Approved order ol'ihe Board of Trustees on
ai)d 5IITnLd on its b¢half b).:
Trustee
oth/
I rusiec
-Irusiee
Page 4

Indtpend¢nt F.i#mincr's RLpiTrrt t(> ihc Trustee% of
Thc R(Trial TJnk R¢gimeiit Benei"olcnt Fund
Independent examiner'5 report to the trustees of The Roial Tank RtgimeNt B¢Nevol¢nt Fund
I report to IhL charitj. trustees on my examinaiion ol. the aLcount8 Df 'l"he Ro)'al I"ank Re¥iiment Bcnevolent l.'und Ithe
Trusi) tor ihe year ended 3 I March 2024.
Responsibilities and b85is of report
A5 Ihc rhariiw Ir1151ee5 01. th¢ Trusi Jou are responsible for the preparaiion of the accounts in accordance wilh the
requireinenls of ilie Chariiie5 ALI ?0 I I I'the Act,).
I rcport in respect of Iny cxaminaiion of the Trust's account5 carried out undcr seclioti 145 of the Aci and in Laiiyingi out
my exaiiiiiialion I have fvllom'ed all applicable Direciions biiven b) ihe Charity Commi55i0n und¢r 5ectioii 14515)Ibl of
the Aci.
Independtnt exa￿lner's.%tateMent
I have LOTnpleted my examination. I confirm that no matcrial matters have come io my attention in connection wsih the
exajninaiion giving me cause io believe that in itny lliaterial respect..
accouniin&J recurds were not kepi in respect of lh¢ Trust as required b) section 130 of the Act; or
? the accounts do not accord wilh ihose records: or
3. thc accnunis do not comply wilh ihe applicable requirements eonterninb the foTlll and conteiii of accounis set out
in ihe Charities (Accouiits aiid Reporisl Re¥Julaiions ?008 other than any requiremeni thai ihe accountg ¥ive a truc
and lair view which is noi d matteT LonsidLrtd as part of an indcpendeni examination.
I havc no conLL Tlis alld have come across no other illatlers in connection i*ith ihe exaininaiion io whiLh attention should
i)¢ drawn in ihis report in order to en<iblt d proper understandinLT of the a¢¢ouiiis to be reached.
Mi55 JA Richardson
FCA FCCA DChA
j? Aiiard Ruad
Witiiboriie
Dursei
BI1?1 7NT
Dat¢..

The Roi'al Tank Regiment Benelolent Fund
tatenieni uf Finani tal .4clii ille%
ror the I'exr F.thiltd 31 )larch 211Z4
?0?4
l-01(Ll
lunds
Llnrestrictcd
funds
Resrricred
flind
fLind
Notes
INCOMF. AI)D ENDOW'.MF.IT% FR().M
5.$78
13.27)
l.j3?
90.593
97.503
l.i)2
144.9*8
InvcEimLni incom¢
Total
$4.3jfj
144.4_i4
1 f 9.938
FXPENI)ITLRF C)N
lund
744
ChMritahlt actii itic
GLIiLral
Major Porter fund
141.547
141.547
114.760
77.364
Oiher
Total
j9.1?6
50.316
J5.91 ?
il.690
??6.188
4.49.)
Nei !7djns.'Ilo%81 on In￿e$(MentS
8().11.56
126.51f
21? 571
6Y9.178
F.T INCOMF.
2.14?
1 ?6. j)5
1 ?8.497
1765.4?81
Fund iransters
1?,7041
REC0.￿4¢.1LlATION OF FUNI)S
Total funds hrnughi forward
j.*40.462
-S.U74.807
S.840.?35
TOTAL FUNI).%CARRIFD F()RM'ARD
3 ?45..?08
1.9.$7.996
5.203.304
5.074.807
l-he notes lorm part ol-the5e liiiancial staieinents
Pagye 6

The Roi'#l Tank Regiment Bfnei'oleni Fund
Balance Shttt 31 Ma rch 2024
?02)
Tnial
fuiid
Unresiricied
funds
Resiricied
lund
Total
funds
F¥oies
FIXFi) ASSETS
3 ?17.151
.9i4,413
5.151.i64
5.008.648
F.XPF.NDITURE OY
SIoLks
Debtors
Invesimenl
Cash at bank
-5.447
9.372
4.114
-f.447
13.878
5.1 j5
41.450
6.779
390
14.746
53.0(H
74.919
19.816
CREDITOR
due ii'ithin one lear
11? 3701
11.8001
18.760)
NET CLRRF.Tr4T AS%F.TS
28.157
23.-583
66.159
TC)TAI. Assf.TS LFSS CLRRF.YT
LIAIIILITIF.
j ?45.i08
1.957,gC?6
5,203,3114
S.074.807
iF.T AS%F.TS
j.?4) i08
1.9 j7.C}96
j.?a3, j114
S.1174.807
Fuf441)5
3.?45.308
1,957.996
3 ?40.46?
1.834.-)45
K¢slricled tunds
TOTAL FLI￿4D$
5.103.i04
-5.074.807
The Iin(InLicil Slatcincn15 wcrc approied ihe F3oard of Trusices and authorised for issue on
and w'eTL siÉJncd on ils bclialf bj..
TrusieL
Triisiee
Trustee
The notes lorm parl ol. these financial slateineiiis
Pagye 7

The RO￿#1 Tunk Regirnent Benel'olent Fund
ote5 to the Financtal Staltmtnt5
for ihe Year Ended 31 f¥iarLh 2024
I,EGAL FORII
'I'he Rv)'(Il Tank Rebpiiiieni B¢iTrLI'uILni F'und is an unincorpL¥raivd Lh<irilN. r¥&Tl8lurcd Miih Ihe Charil),
C'ninniission Inu. ?484871. ￿le prinLIP4tI 41ddres5 cun bi lound on pable J ol. Ihese finanLldl siaiLiiienis.
AcCOu￿TING POLICIES
Basis of preparing thl. financial 5tatenient5
'lii' linaiiLial stdlgni¢iit% of the Lliariii. ii.hiLII is (1 public benelit ¢niill' und¢'r FR8 1 O? hai'e been prep1( red in accoi'dance
lili IliL Cliarilies %()RP IFRS 10?) 'AccouniiiiiY and Rcportin¥ hi. ('hariiiL%.' SiaiL'niLni ol. Rec()Inmciidcd Pracii¢¢
appliLdblv Llidrilies prLparitig their dLLounis in (ILLordanLe IN illl IliL l. iiiancial Rcponiiit
%iandard appliciiblL in Ilie IJK
ai?d RLPLiblii uf Ir¢141nd 11.RS I O?) lell¢¢iiv¢ l Januail, 70191,. FindnLial RLpunii)£i
SiaiidLird 10? 'The FinanLial
RtpuniiiLI StandarJ appliL<ible in ihe L K and Rf piiblic of Iielaiid. and (lie Charities ALI 101 I. TIIL fingiicial siaiemenis
hdNe been piepaied und¢i- the liislorical cosi coiii'eiiiioii. %i'itli ilie excepiion ol. inNtr51ments w'hich are included ai markLt
Inconie
.411 iiicnine is rects¥Tnised in the Staieineni of Financial AillVltie5 once the charil}' has enlitleinenl lo ilie lunds. li is
probable thai the inLoIKe w'ill be recei￿ed and ihe amL)uni can be niedsured reliablN.
l)onations
Dondiion5 arc accounied for ii'hen rhe incomc 1% rc¢¢ived.
Leg4Ci¢S
LeiJaLlis are incliided wiihiii Ihc financial siaiemenis ￿hLn the conditions for rc¢¢ipi hav¢ been mer.
(I ranls f¢L¢lI'Hble
(Jr<in15 1'LLLiI i11111 are accouiiied lor on an accruals basis
Inve%tTnciit income
I'hL' L'h1< riiN'% ini e%imen15 ￿lre nianaLycd bi appoiiiied fiind InanaLJers. Investiiienl inci)ni¢ is reiniiied io the Chariis,
by ihe lund manaLycTS quanerlj in arrear5. All in*eslnient5 are measur¢d ai niarkei value.
ExpLnditure
Li<ibiliiii% arL reco&*nised e¥pciiditurc soon cls IherL' 1% a legal or con5trLlCtiN'c obli£aiion coiiiiniiiin!T the charili, lo
IhJi elpenditure. il I￿ probablL Ihc21 Ifcln%f¢r of econoniic beiTrefii% will be rcqiiired in settlement dnd Ilie ainouiii ol-llie
obliL7aiioii can be Intc25ured rclil< bli. I:Np¢ndirure i% accouiiied lor on n accrLia15 basis lid ha% b¥cn classilied under
heiidinLJs thai 8gtrg?regyaie all c051 related to rhc ¢aieLtori. Il'here costs cannot be directly artribulld 10 partlLuI(Ir heddingjs
Ihe> ha￿e bcen alloeaied io aclii'ili¢% on a basis consisTeni ith the use ot re50urccs.
(tMn15 off¢rcd subjeci to conditions M"hich have nor been mei ai the vear end date arc noied as a con)mitinenl but iioi
accruLd as e¥pendilure.
tocks
%IoLks are valu¢d al rhe I0￿er ofcosi and nei realisabl¢ i'alu¢. atiir InakingF due allo15.￿1n¢t for obsolete and slo¥¥ movinb
T￿￿dti￿ll
Thl ilidriii is eiempi Iroim lax on ils chariiable aciiviiies.
Fiind accounting
I IiirL'siriLILd liiiid% can be used iii £iccordance lili ihe chariiable i)bjeLtiies al rhe discretion of tlie Irustee5. Desi¥iiiaicd
lunds art aniounis w'liich liave been pui aside ai ihe dis¢reiion of ihe Trusiees ftsr a particular purNse.
PagFe 8

The Roi#l Txnk Regiment Benelolent Fund
Not¢$ tn the Financial Statcrnents - continued
lor the l'ear FndL,d 31 March 21124
ACC()I'.NTIYG I)()LIC IES. continued
Fund acctsllnting
RLsiricied ILlI)ds Ldli onll. be used for particular re51ricted purposes ii'iihin (he objecis of the eh<1r]t￿. Rcsiriciions
arise k¥hen 5p¥¢ilILd b> (he donor or iwli¢n funds arc rais¥d for patTicular restricted purp05e5.
Furth¥r elplanaiion of the naiure and purpose ofeach fund is included in th¢ noi¢% io Ihc financial staiemeni5.
Pension Lts5ts and other post-retirement bcntfits
'I'IIL' ¢liJrili 01)¢raiLs a dL'IIiiL,d ci)iiiribuliiin pei15i01I scheme. Contributions pa}able io ilic cliariiy's pension schemc
are cliarLyLd io rlie Siatemei)i of financial Actii'iii¢s in the pcriod to I￿h1Ch (hei relate.
Cash #t bank and in Iiand
Cash dl bank aiid iii hand inLludL5 cash and %hon ieriii liigjlili liquid inwesinienis %) ith a short mariiriiN ot-rhreL Inonihs
or less froni the date of dLqLll%lliUli oi. openiiig) ol- Ihe deposii or similar acci)Iini. Shnn Icm Iii&hl>' liquid
invesinieiiis lili a Inaiurili. d<llC of longTer than Ihree monihs are held as current asset investrnenis.
Debtors
D¢biors are reLoiJni5ed ai Ihe seitlemeni amouni due.
Cre(litor
Crcdirors <ire recoiTnis¥d Ki h¢rL the chariri has a preseni obli¥¥dtiuii rcsuliiiiLb froni a pasi eveni Ilial ivill prubdblN
resulr in rhe transler nt. tunds to a Iliird part). and th¢ <iniouiil due lo settle tliL' obligyaiion can be mei15ured or L%iiiiiaiLLI
reliablv. Crediiors are reeolrnised at tlieir settlement aimouni.
DI)NATIONS AND LFGACIES
2024
21)23
l)on¢11ions
Lei7l£CI¢S
-S..$78
5.000
o'rHF.R TR.4DIN'G ACTIVITIF.S
2024
2023
Charitable Iradin
INVESTMENT INCO.ME
2024
2023
In￿e$(ment ine()me
144.000
9?8
144.096
j58
144.9?8
144.454
Invgslin¢nl inconie in Ihe Near toldlled £144.000. The roial cash ￿ iihdraiwn from the portfolio inio ihe chariN cu￿enT
accouni in the Near was £144.000.
oniinued.
Pa£T¢ 9

Tho Rni'al Tank Regiment Bene%olent Fund
otes to the Fin¥ncial.St&tements- continued
for the Year Ended 31 March 2024
CHARITABLE ACTIVITIF.S COSTS
Cjrdnl
Support
o%t8 (see
nnic 91
Direci Cosis
(see note 71
(see n()le 81
Torals
Cjeiieral
Major Poirer Fund
?.404
90,698
41,50.)
48.441
141.547
4.3..3Q.S
?.404
137.203
1 $4,81•
DIRFCT COSTS OF CHARITABLE ACTII'ITIE.S
2024
2023
Headsiones. ii"reaihs. flowers and drapes
l."icld% of Reinembrdnce
50
77D
1.584
93?
??1
4.Si
1.606
GRANTS I)AI'AIILF.
21124
21123
tieneral
Major Poiter Fund
90.698
137 ?03
1.$4.i87
'rhe total giranis paid lo inslilulion5 durin! the i'eaT was as follows..
2024
202J
5.000
?.000
4.000
3.000
5.onii
C oloii¢l Cvniii1(tnLldnls Fiind Icainbi'ail
4.000
3.000
ColonLI Coinn)aiidanis l.und IEi'entsl
"I"hL J"ank Museui
KTR Goll'societv
Oiher
350
18.i48
j?.698
Tlie ioial bTran15 P£iid to indii idyal% during Ihe jear I￿a5 as follows..
2024
21123
Granis of benevolLnce
60.i40
i79
5.949
il.489
l.i48
48,81.3
573
Chrisiiiiils h￿il￿PerS
Oihgr iyr<ini
Abor¢turn
79.514
99.SO_f
137.037
Page 10
coniinuLd.....

The Roi'al Tank Re£iment Benci"olent Fund
ote5 tv the Finallcial Statements- contin￿ed
for the Yedr F.nded 31 March 2024
RANTS PA Y AIILF - continued
Oilier ¥rants paid troni r¢sli'i¢r¢d t'und5 rcpreseiit grant% pasable in respeci of (he Major Pouer lund.
UPP()RT COSTS
Mana¥Temeni
Other
Tvtdls
Geiieral
Major Poiier Fund
46.545
1,900
i.soo
i.7011
48.44.5
S{1.145
-1 lie lund operate5 a defined coiitribuiion scli¢nie in respeci of stall. peiisions. All suppoit costs Iiave been
allocated on an actLial bas1S.
Support costs, included in the above. are as follo￿5..
M#n#gemenl
2024
2023
jiir P()tier
Fund
G¢neral
dnd Sial'f Bonuses
1.6ii
979
597
1.487
OIIiLe expenses. iiisuraiice. bonus
979
597
4.58
Pus[￿7￿￿¢
Br()ii(il?and
Sundi'i¢s
CoTllPUtLr cosis
REIQ travel
50i
8i8
17.988
688
50)
8i8
12.988
688
-578
1.6.56
-544
46.545
46.545
l)ther
2024
2023
Majnr Porrcr
P"und
Ttst<il
Gencral
Indepcnd¢ni Examination fees
Accoiinlanc)
1.900
1.800
3,700
3.700
734
coniinued.....
Pagie I I

Tht Ro!'#l T¥nk Regiment Benel'olent Fund
Note5 tu the Fin#n¢i#l Stai¢mi'nt5- Lvntinue
fur the I'¢ar Ended J I Ilarch 2024
10.
TRUSTEES. REMLJ'NERATION AND BFNEFITS
'riiere w¢ie no trustees, reniuneraiiLin or other beneliis lor the lear ended i l MarLh JO?4 nor Ivr the vear ended 31
larch ?())-,.
Trustee5' expenses
There w'ere no tnistc¢s' ¢xpcn8c% paid for th¢ J'¢ar ended i l March ?0?4 nor for the !'ec1r ended i l Mi£ rch ?0?3.
STAFF COSTS
2024
2023
W'ages and siatTbonuses
2S.921
Oth¢r pcn%ion cosis
1.633
1.486
?7.407
Th¥ c1veT1c lye Inoiiihlv iiutiiber ol'emploi'ees dLirinLy the Nei1r was (15 lollow's..
2024
2023
No eniploi'ees receiied emoluments in excess of £60.000.
C.'ONIPARATIVF-S FOR'fHV %TATEty1EN"TOF FI%4ANCIAL AC'TIWITIF.S
{ Inresiricted
Re%tricied
tund
Toic11
funds
INCOME AND EYDOII"'MF.NT% FROM
D()naiions and Iciyacics
13.273
l i,27i
Oiher Iradinii acti￿1t1¢S
Investmeiii incnmc
911,278
144.4fj4
Tntal
105.76?
54.176
159.938
F.XPENDITLRE O
2.)74
2.374
Charitable acttiities
CJLIILral
laj()r l)oiier fund
Oilicr
114.760
77.364
77..3(14
31.6YO
19.878
Tot#1
137.01?
89.176
?*6.188
Net Liains on in￿eStmentS
4.54.3141
?44.864
699.178
NF.T lTrqCOME
48$ 5641
?79.864
764.4!8
ionlinued.

The Roi al Tank R¢gimenl Beneioleni Fund
Yotes to ilie FinanciAI 4tatenieiits- conlinul'd
for the I'¢ar Ended 31 fvl#rch 2024
COIqPARATIVES FOR THE 8TATEMF.NT OF FINANCIAL ACTIVITIES-continued
nr¢siri¢ted
Resii'icied
lui)d5
RF.COTr4CI LIATI()I OF FI, NI)
Tolal fund5 brought foriiard
3.716.44?
2.1 ?3.79J
5.840.235
TOTAL FLINDS CARRIF.D FORIVARD
3 ?40.46?
1.8i4.i45
5.074,8D7
'h¢ Siaieiiient of FinanLial .4Cli￿ iiies sliow5 tlie splii b) fllnd for the current Near onli. The equii'alent fund split
for the cotnparaiive year ended i l MarLh ?023 is as Set out in this noie.
13.
FIXF.D ASSF.T INVESTMENTS
.isied
investmenis
MARKET W'.4LUF.
S IIQX.(148
448.()6C)
l.i)¥.7?51
??3.07?
Addiiii)n
I)]8￿)$al%
Revaliic11ion
Ai ) l MarLh ?074
5.1.51.564
NF.T IIC)()K VALLI F
Ar i l March ?11?4
5.1.$1.-f64
Al i l March ?0?3
-S.008.648
There iier¢ no iiivesiineni asseis Oulside the UK.
In addition to the ainoun15 hLld fixed asset ini'estinenis for shares ol- £5.1 q1.564 there w'as ali amouni held in
curi'eiii casli acLoullis of £iO.781 under casli dl bank and in Iiand and £nil held as accru¢d interest. Toral
T()CKS
2024
2023
AccouirL'ment stock
5.447
6.779
coniiiiued.

The Rnial Tank Regtinenl Benevolent Fund
Note5 to the FinMnci#l %t#tetnenis- continued
fur the I'eAr Ended 31 March 2024
DEIITORS: AIIOU.NTS FALLIN'G DUE II'ITHIIY O.YE YEAR
2024
2023
Suiidrk d¢biurs
PrepaNn)eiits
-390
1.878
li.878
390
CURRF.YT AS%F.T INVESTMENT
2024
2023
35 das Liqiiidilv accollnl
5.135
14.746
CREDITOR%.. AMOLNTS FALLING DUE WITHlTr4 ONE YEAR
21124
2023
Accrued e.Ipense5
14.170
X.760
18.
MUWF.MENTS" ITr4 FL TriD
Nil
moiLmLni
"I'ransfers
beiwe¢n
fund5
Al
31. j.?4
'nre5tricted funds
3 ?40.46?
2.142
3.•45.308
Restricted funds
Major Poit¢i' fuiid
1.8i4.J45
1.957.996
TOTAL FL.NDS
5,074.807
1 !8.497
5.?Oi.304
Nel niovcmcnt in lunds. included the above are as follows..
Incomin
Tc%oufcL%
RLsoufLes
expecied
Gaiii% and
IossLS
Unrestricted funds
(ienerdl liind
86.506
2.14?
RL'slricted fuiid
Mlijur l)OllLr luiid
(54,4951
1?6.51.5
1 ?6.355
T()TAL FIINDS
151.838
?3.5,91 ?
1 ?8.497
Pa¥Te 14
coniinued.

The Tank Regimeni Bcnei'olent Fund
Notes to the Finatjcial %tatements- continued
for the Wear F.iJded 31 March 2024
18.
MOVEMETr*'TS IN FUP41)S- continiied
Compdrative funds Inoveinen15 are as follow5.'
Nei
In0￿CIDent
in lunds
Transfers
beT￿een
lunds
At
Unrestricted funds
Geii¢idl lund
Coniputer tund
3.716.44?
(485.5641
9.584
J.?411.46?
j.716.44?
1485.564)
9.584
J ?40.46?
Restricted funds
lajor PoitLr lund
2.1 ? j.79j
(27Y.8641
{9.5841
1.8i4.345
5.540.235
176S.4281
5.074.807
TOTAL FUNDS
Coinparaiive nei movemeni in I'unds. inLluded in Ihe above are as lollow5'.
Incoining
resuurLe5
Resoiirces
CXPL'Cl¥d
Gain5 £ind
losses
MovciiiLni
in funds
UnrL'51ricted funds
105.76?
(li7,0191
1454.3141
148.S.-$641
R(￿trIcted fund$
Maj()r Potter tiind
54.176
189.1761
1•44.8641
1?79.8641
TOTAL FUND4
159.9i8
??6.188
699.178
76.fj.4?8
Cjcniral iinre%iricied flind5 represent funds which are cKpendable ai (he discretion of Ihe 'fTU5tees in the tunherance
of ihe objec15 uf the Chariti,.
r)esiLTndltd funds ieprLseni wnounis 1% Iiich have been pui aside ai the discretion of the Tru%tees and comprise a fuiid
lor (he piirLliase ot'coinpui¥r Lquipineni.
RislriLied lunds r¥presenl'.
11.gi7.996 iii r¢speLI ()f a legiacl receii'ed from the Esiaie of Mrs RE Poiier. w'hich ivas origiinalls bequeathed io
Ihl cliariiv b) lier11￿ le liu%band. Majoi. Herberi Leslie Poiier. Purpose ul'111e lund is lo piy)iiiote Ihe enicienc) ofthL
Rolal Tank R¢¥¥inieni IlirouLili Ili¢ educaiioii wid traiiiiiig ol'serviii&J n)¢iMber5 01-Ihe ReLJiiiieiii,
19.
RFLATF.I) I)ARTY DISC'LOSURES
I rLlSlCCS. Maieri?¢ I Ir<illSciciiolls con5isicd ot. a £4.DUO L112ni l?U?3 £4.0001 p(iiLI lu lh¢ Rv) <111 ank R¥,'iiii¢ni
PiiL)licaiions in (he r and the pai.1￿¢nI nt'gJrani% ioialling £?O.000 I?0?3 £20.0001 to th¢ Colonel Comniandiinis
l.und ICL Fl and a gritnt ol-£Nil 1202i'.£ 1.0001 rcc¢iv¢d Iroiii LL F.