Army Form N1514 (Rev 11/09) ## **Service Non Public Funds Final Accounts, Managing Trustee's Report, Internal Audit Board Report and Independent Examiner's Report** (SORP 2005 compliant) **Regimental Accountant Scheme** Unit: HQ ALDERSHOT GARRISON Address: ST OMER BARRACKS, WELLINGOTN HOUSE, AGAO, ALDERSHOT, HAMPSHIRE, GU11 2BG In Respect of the **11 INF BDE COMD FUND** Fund/Charity Charity Commission/Regulator registered number **249274** For the period from **01-Apr-2023** to **31-Mar-24** ## **Managing Trustee(s) during the period:** |**From**|**01-Apr-2023**|**to**|**31-May-2023**|**Name**|**COL J BAYNHAM**| |---|---|---|---|---|---| ||||||| |**From**|**01-Jun-2023**|**to**|**31-Mar-2024**|**Name**|**MAJ CARTWRIGHT**| ||||||| ## **Fund Manager(s) during the period:** **From 01-Apr-2023 to 31-Mar-2024 Name CAPT HOBSON** ## **Internal Auditor(s) during the period:** |**From**|**01-Apr-2023**|**to**|**02-Apr-2023**|**Name**|**MR M HORNER**| |---|---|---|---|---|---| ||||||| |**From**|**02-Apr-2023**|**to**|**31-Mar-2024**|**Name**|**MR A ALLEN**| ||||||| ||||||| |Associate Auditor||**NIL**|||| ||||||| ## **Regimental Accountant(s) during the period:** |**From**|**01-Apr-2023**|**to**|**11-Oct-2023**|**Name**|**SGT J ABUSAH**| |---|---|---|---|---|---| ||||||| |**From**|**12-Oct-2023**|**to**|**31-NOV-23**|**Name**|**SGT S TAMANG**| ||||||| |**From**|**01-Dec-2023**|**to**|**31-Mar-2024**|**Name**|**SGT J ROBERTS**| ||||||| ## **Notes to the accounts (Paras 2 to 12 are to be completed by all funds which have a gross income of £100K or over and those funds already registered with the Charity Regulator, all other funds are to complete Paras 6 and 7 and the declarations at Para 12):** ## 1. Principal Accounting Policies a. Accounting Convention. The financial statements are prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice "Accounting and reporting by Charities" (SORP) 2005 (http://www.charitycommission.gov.uk/investigations/sorp/sorp05docs.asp) b. Incoming Resources. Income is recognised in the period in which the charity is entitled to receipt, and the amount can be measured with reasonable certainty. Grants from other agencies including donations and other income from activities are in furtherance of the charity's objects and are part of the general funds of the charity. A restricted fund is only recognised where this is an agreed and explicit condition of the grant or donor. c. Intangible Income. Due to the close collaborative relationship and the manner in which the charity's activities compliment those of the Army, intangible income, reflected in time and use of premises is not quantifiable or measurable and so is not recognised in the accounts. d. Resources Expended and Basis of Allocation of costs. Expenditure is included when incurred or exceptionally where a commitment is made which requires an accrual when payment is to be made in the subsequent accounting period. Similarly, where prepayments are made in recognition of commitments falling due in a subsequent accounting period, the appropriate credit is entered in the accounts and reversed the following year. Grants payable are included in the SOFA when approved by the Managing Trustee. Expenditure is recognised in the period in which it is incurred. The majority of costs are directly attributable to specific activities. Irrecoverable VAT is charged to the annual report and accounts. e. Governance Costs. Governance costs are the costs of professional advice, holding trustee meetings or committee meetings associated with decision making, any fee for audit or independent examination and any fee incurred in the preparation, statutory filing, printing or copying of the annual report and accounts. f. Capitalisation and Depreciation of Tangible Fixed Assets. All assets having a purchase value of more than £500 are capitalised. The cost of tangible fixed assets are written off by equal annual instalments over their expected useful lives using the following methods of depreciation: Furniture, fixtures and equipment - Straight Line over a period of 2 - 10 years. Motor vehicles - Straight Line over a period of 2 - 10 years. Assets with a life of more than one year but with a purchase value of below £500 are included within the inventory but the cost is written off in the year it is incurred and is not depreciated over the useful life of the asset. Where the asset is depreciated over a period of more than 10 years, details of the item and period are to be provided following the notes on page 13. g. Fixed Asset Investment. Fixed asset investments are included at market value at the balance sheet date. Any gain or loss on revaluation is shown in the Statement of Financial Activities (SOFA) on page 2. h. Stocks. Purchased stocks are valued at the lower cost or net realisable value making due allowance for any obsolete or slow-moving items. i. Funds Accounting. Funds held by the charity are: (1) General Purpose/Unrestricted/Designated Funds. These are funds that can be used in accordance with the charitable objects at the discretion of the Managing Trustee. Designated funds are unrestricted funds which have been allocated/earmarked for a particular purpose by the Managing Trustee and are to be declared in the Managing Trustee's comments in accordance with Para 12 to these notes stating what they are intended to be used for and when. (2) Endowment Funds. Endowment funds are those investments and other gifts accepted by the unit, the capital sum or property being held in perpetuity and the income only being available for charitable use. (3) Restricted Funds. These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is to be included in the notes to the accounts. j. Heritage Assets. In the course of the unit's history, the charity may have acquired gifts, memorabilia, regalia, silverware, antiques and other historical artefacts in the course of distinguished military service in service of the Crown. The value of these pieces is in large part derived from their close association with Regimental history which precludes the use of conventional valuation techniques being applied. Whilst the objects of the charity do not specifically include preservation and conservation, the pieces represent an essential element of celebrating the unit's history and foster esprit-de-corps. Consequently the Managing Trustee considers the charity to hold heritage assets both for functional use and as an element of national history on behalf of the nation. Heritage assets acquired prior to 1 Apr 06 are therefore not capitalised on the balance sheet but a description of those assets is disclosed as part of the notes to the accounts. Heritage assets acquired after 1 Apr 06 where the purchase price is known and which exceed £500.00 are included in the balance sheet at acquisition value but are not depreciated. k. Other Costs. Other costs are those costs not incurred in the undertaking of charitable activity in furtherance of the objects of the charity, i.e. the provision of facilities, recreational programmes or activities in furtherance of military efficiency. They are also costs incurred in the making of grants and donations, in the costs of generating funds, i.e. the costs incurred in trading or fundraising undertaken by the charity, or in governance costs. ~~2. Grants Made. (if total grants are over 5% of the charity's total expenditure).~~ ## ~~The charity made the following grants/donations:~~ ## ~~Grants to institutions~~ ||~~Name of institutions~~|||~~Purpose~~||~~grantsgiven~~
~~Total number of~~|~~grantsgiven~~
~~Total number of~~||~~Total amount of~~
~~grantspaid~~|~~Total amount of~~
~~grantspaid~~| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| ||~~NIL~~|||||||||~~0.00~~| |||||||||||~~0.00~~| |||||||||||~~0.00~~| |||||||||||~~0.00~~| |||||||||||~~0.00~~| ||||~~Total rants to institutions~~||||~~0~~|||~~0.00~~| ||||~~g~~|||||||| ## ~~Grants to individuals~~ |~~Grants to individuals~~||||||||| |---|---|---|---|---|---|---|---|---| ||~~Purpose~~|||~~Total number of~~
~~grantsgiven~~|||~~Total amount of~~
~~grantspaid~~|| |||||||||| |~~NIL~~||||||||~~0.00~~| |||||||||~~0.00~~| |||||||||~~0.00~~| |||||||||~~0.00~~| |||||||||~~0.00~~| |||~~Total~~|||~~0~~|||~~0.00~~| |||||||||| ## 3. Related Party Transactions & Remuneration and Expenses Whilst the charity has a close working relationship with the Army, there are no transactions with the Army which require disclosure under SORP 2005. The only transactions made by the charity in favour of the unit are wholly attributable to the charitable activities of furthering military efficiency. The Managing Trustee is an officer or equivalent and fulfils the role as trustee in accordance with the applicable laws and regulations. No expenses have been paid to the trustee. In the event that expenses have been paid to the trustee these are disclosed under the Managing Trustee's comments. ## ~~4. Analysis of Capital Property~~ |||~~fittings &~~
~~equipment~~
~~Fixtures~~
~~£~~||~~Motor~~
~~vehicles~~
~~£~~||~~Total~~
~~£~~| |---|---|---|---|---|---|---| |~~Balance b/f~~||||~~0.00~~||~~0.00~~| |~~Purchases~~||||~~0.00~~||~~0.00~~| |~~Sales & W/Os~~||||~~0.00~~||~~0.00~~| |~~Depreciation~~||||~~0.00~~||~~0.00~~| |~~Balance c/f~~||||~~0.00~~||~~0.00~~| ~~5. Total Value of Investments by Category~~ |||~~Value £~~|| |---|---|---|---| |~~Carrying value(market value at beginning ofyear~~|||~~0.00~~| |~~Add additions to investments at cost(investmentspurchased)~~|||~~0.00~~| |~~Less disposals at carrying value(investments sold)~~|||~~0.00~~| |~~Add/(deduct) net gain/(loss) on revaluation (gain/loss at end of~~
~~accounting period/audit)~~|||~~#REF!~~| ||||| |~~Carrying value(market value) at end ofyear~~|||~~#REF!~~| ||||| ## ~~Breakdown of Market Values at~~ |~~Year End~~|||~~GPF/~~
~~Unrestricted~~|~~GPF/~~
~~Unrestricted~~||~~Restricted~~|~~Restricted~~||~~Endowment~~|~~Endowment~~|||~~Total~~
~~value~~||~~Income~~
~~during year~~|~~Income~~
~~during year~~| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||||| |||||||||||||||||| |||||~~Value £~~|||~~Value £~~|||~~Value £~~||~~Value £~~||||~~Value £~~| |~~Investment properties~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Investments listed on a recognised~~
~~stock exchange~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Investments held in unit trusts or other~~
~~collective investment schemes~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Investments in subsidiary or connected~~
~~undertakings and companies~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Securities not listed on a recognised~~
~~stock exchange~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Cash held as part of the investment~~
~~portfolio~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |~~Other investments~~||||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| ||~~Total~~|||~~0.00~~|||~~0.00~~|||~~0.00~~||~~0.00~~||||~~0.00~~| |||||||||||||||||| ## ~~6. List of Debtors~~ ||~~Debtor~~||~~Date of Debt~~|||~~Amount~~| |---|---|---|---|---|---|---| |~~NIL~~||||||| |||||||| |||||||| |||||||| |||||~~Total~~||~~0.00~~| |||||||| ~~* There are no amounts falling due after more than one year (delete as appropriate).~~ ## ~~7. List of Creditors~~ ||~~Creditor~~||~~Date of Credit~~|||~~Amount~~| |---|---|---|---|---|---|---| |~~NIL~~||||||| |||||||| |||||||| |||||||| |||||~~Total~~||~~0.00~~| |||||||| * There are no amounts falling due after more than one year (delete as appropriate). ~~8. Paid Employees~~ ||||~~Thisyear £~~||~~Lastyear £~~| |---|---|---|---|---|---| |~~Gross wagespaid~~|||~~0.00~~||~~0.00~~| |~~Employer's National Insurancepaid~~|||~~0.00~~||~~0.00~~| |~~Pension Contributionspaid~~|||~~0.00~~||~~0.00~~| ||~~Total staff costs~~||~~0.00~~||~~0.00~~| ||||||| ~~Give the number of employees who were engaged in each of the following activities:~~ ||||~~Thisyear £~~||~~Lastyear £~~| |---|---|---|---|---|---| |~~Costs ofgenerating funds~~|||~~0.00~~||~~0.00~~| |~~Charitable activities~~|||~~0.00~~||~~0.00~~| |~~Other~~|||~~0.00~~||~~0.00~~| ||~~Total~~||~~0.00~~||~~0.00~~| ||||||| No individual employee received a salary of over £60,000.00 ## ~~9. Governance Costs~~ |||~~Thisyear £~~||~~Lastyear £~~| |---|---|---|---|---| |~~Audit or independent examination fee~~||~~0.00~~||~~0.00~~| ## ~~10. Restricted/Endowment Funds - See attached Fund Return Summary Report.~~ ~~Give details of the movements of the individual funds summarised in the restricted and endowment column of the Statements of Financial Activities (SOFA).~~ |~~Fund~~|~~Name~~|~~Fund~~|~~Bal~~|~~B/F~~|~~Incoming~~|~~Outgoing~~|~~1~~
~~Transfers~~|~~1~~
~~Gains and~~|~~Fund Bal C/F~~| |---|---|---|---|---|---|---|---|---|---| ||||||~~Resources~~|~~Resources~~||~~losses~~|| ||||||~~forperiod~~|~~forperiod~~|||| ||||||**See Fund Summary Report**||||| A brief explanation as to the nature and purpose of the charity's Restricted Funds is to be provided. |Name of Restricted Fund|Purpose of fund| |---|---| |R004 - BDE WELFARE & CHARITIES|PrividingWelfaregrants to RPOCs.| |R005 - ARMY CENTRAL FUND|Provide RPOCs with Grants / Funding.| |R006 - CADET TRAINING TEAM|Support multiple activies for Cadets located around the
country, including annual camps. Gives cadets an insite
in the what the Armyhas to offer.| |R008 - SPS STUDY DAY|Supporting Study days for the SPS personnel within
HQSE & 11 Bd to conduct collective trg.| |R009 GAINSHARE - HQ 11 BDE|Restricted Funds are no longer in use due to being a
legacyfund| |R010 GAINSHARE - 11 BDE PRU|Restricted Funds are no longer in use due to being a
legacyfund| |R011 GAINSHARE - AWS SE|Restricted Funds are no longer in use due to being a
legacyfund| |R401 - UK SOUTH SPORTS FUND|Provides Sports Grants for the RPOCs.| ## ~~11. Heritage Assets~~ ~~Heritage assets that are owned by the charity but purchased/acquired prior to 1 Apr 06 are not~~ ~~included in the charity's capital property value (see note 1.j). A list/description of these assets is below:~~ ~~Pitctures, Plaques, Silver and Furniture~~ ## 12. Declarations All of the charity's commitments are provided for in the accounts. No guarantees have been given to third parties. The charity has not received any loans that are outstanding at the year-end and secured on assets. The charity has not granted any loans to institutions or companies connected with the charity. The charity did not make any ex-gratia payments during the year. Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed. The financial activities, assets and liabilities of all the charity's branches or sections have been included. ~~The trustees have not changed the year end date or the length of the charity's financial year.~~ The charity has no designated funds (if there are designated funds the reason for designation and when each designated fund is intended to be used by is to be stated in the Managing Trustee's report). All the charity's operations are continuing operations and there were no operations discontinued or acquired during the year. No funds (unrestricted, designated, restricted or endowment) are in deficit at the balance sheet date. The charity has no intangible assets. There were no inter-fund loans outstanding at the balance sheet date. None of the charity's functional fixed assets have been re-valued during the year and the charity does not have a policy of revaluation of these assets. The charity has no subsidiary companies. The charity has no material fixed assets which have not been capitalised and included in the balance sheet. ~~No internal transfers have occurred out of restricted/endowment funds. In the event that a transfer has taken place, full details of the reason for the transfer are disclosed in the Managing Trustee's comments.~~ All investments held are investment assets in the UK unless otherwise stated. **Note:** Where any of the declarations are not correct they are to be crossed out and details provided in the Managing Trustee's comments. Additional comments: 1. Having reviewed the income vs expenditure for the GPF I am content we are generating more income than expending. 2. The Restricted expendiure is high due to CTT funding their CCF. The CTT are mainly self funded, contributions by cadets for events. In Oct 23 the previous Garrison Accountant created a Creditor for Ex Tiger experience where the money reciepted from cadets for entry fees was held. I believe late last year it was identified that the expenditure for their events which are mainly funded by the entry colleuges and cadets should have in fact been spent from a Creditor and not a Retricted fund which in turn would reduce the Restricted expenditure and the money being used didnt belong to the fund it self but to the cadets and colleges that have paid to make it happen. 3. In Apr 24 this fund will drastically reduce due to the movements of 98% of the fund in to HQ Aldershot Garrison due to the break down of 11 Bde & HQSE. 4. It is noted that £1569.40 is currently listed as a negative figuire within the income. The Accountant when liquidating R011, R004 & Creditor for SPS placed a shadow code against G302 which is "Transfer to GPF". A shadow code must be used and due to moving from Restricted to GPF we didnt want it to re register as additional income, however it wasnt an expenditure. Signature ______________________________ Name ____Capt Hobson__ Date: ___05 Jul 24________________ Fund Manager (Regimental Accountant Scheme)/Account Holder (Audit Board Scheme) **Managing Trustee's Annual Report and Comments:** Unit: **11 BDE** Address: **ST OMER BARRACKS, WELLINGTON HOUSE, AGAO, ALDERSHOT, GU11 2BG** In Respect of the **11 BDE COMD FUND** Fund/Charity Charity Commission/Regulator registered number **249274** Description of the charity's trusts This should include: a. Details, including date if known of the charity's governing document (e.g. trust deed, will, constitution etc): and b. A brief explanation of the charity's objects. Where applicable, you may choose to give details of any specific investment powers of the charity. |Governing Document
(e.g. Trust Deed,
Constitution)|HQ Aldershot Garrison Standing Orders 008 dated 01 Jan 24.
Charter for the 11 Inf Bde Comd Fund.
Systems Assessment Aide Memoire dated 29 Oct 15.| |---|---| ||| |Objects of the Charity|The promotion of efficiency of the Armed Forces of the Crown by the provision
and support of facilities and activities for the efficiency and well-being of service
personnel.| Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended. |Trustee selection
method|Managing Trustee, Senior Fund Manager and Regimental Accountant selected by
virtue of their assignment to established Military posts.| |---|---| ||| |Trustee induction and
training|Managing Trustee and Senior Fund Manager by online Fund Manager training
course| Explain about what the charity is trying to do and how it is going about it. You are only required to provide a brief summary of the main activities and achievements of the charity during the year in relation to its objects. |Summary of main
activities in relation to
the Charity's objects|To provide Welfare, Sports and Adventurous Training financial support to the
Brigade Units for which no other source of funding is available.| |---|---| |Summary of main
achievements of the
Charity during the year|To provide Welfare, Sports and Adventurous Training financial support to the
Brigade Units for which no other source of funding is available.| Provide a brief review of the financial position of the charity. This should include the principle types of income. |Financial Review|The main income to the fund is derived from the members’ subscriptions. The
significant items of expenditure relate to support to the main social functions held
in the course of the year, the provision of the Newspapers in the public rooms.
The final excess of income over expenditure reflected on the accounts is
considered to be a satisfactoryconclusion to the accounting period.| |---|---| The Managing Trustee should give in their report a description of the following policies: |a.
For the selection of investments for the charity.
b.
c.
Where grants are made by the charity, the selection of individuals and institutions
For determining the level of income reserves held, stating and explaining the level
of reserves held.
who are to receive grants out of the assets of the charity.|a.
For the selection of investments for the charity.
b.
c.
Where grants are made by the charity, the selection of individuals and institutions
For determining the level of income reserves held, stating and explaining the level
of reserves held.
who are to receive grants out of the assets of the charity.| |---|---| |Financial reserves
policy|This fund is financially sound but as it has no form of income will gradually reduce
to zero.| ||| |Investments selection
policy and investments|Investment is through the Central Bank Account HQ Aldershot Garrison.| Provide the name of all trustees/the Managing Trustee(s) during the report year. |Managing Trustee's
name/trustees' names|MAJ H CARTWRIGHT| |---|---| ||| |Serious Incidents|NIL| ||| |Public Benefit
Statement|(I confirm that I have paid due regard to the Charity Commission of England and
Wales’s guidance on public benefit when deciding what activities, the charity
should undertake.)
This fund provides public benefit by assisting service personnel to more
effectively perform their roles within the Armed Forces of the Crown. It does this
by:
a.Providing and supporting Mess facilities and social activities.
b.Providing and supporting sporting and adventure training activities.
This assistance enables service personnel to face the challenges and danger
associated with military service by developing and maintaining:
Teamwork, skills, fitness, confidence, character, spirit and attitude and morale. As
a result the fund promotes the efficiency of the Armed Forces of the Crown by
enhancing the British Army’s capability to undertake the roles demanded of it
including the defence of the United Kingdom and its interests.| *delete as appropriate. Additional comments (include any declarations which were not correct (Pg 12/13)): 1. In Jun 23 i took over the role of Managing Trustee due to the D Comd leaving post. Due to no replacement the role of MT was handed to my self. 2. I have noted the expenditure over income in relation to the Restricted funds, how ever as the FM has explained there was a change in how the CTT funds were managed in Oct 23. This will be monitored to ~~th f d i i bl l t~~ 3. It is noted that in Apr 24 this fund is breaking down and all HQSE funds will be moved in to the HQ Aldershot Garrison Fund. 90% of these funds will be moved reducing the 11 Bde CB to approx £2500.00 To prevent this fund failing 11 Bde will need to increase the yearly income to £10,000 4. However not showing on the SOFA report it is noted that I authorised the Liquidition of R011, R004 & the Creditor for the SPS Study day in preperation of the fund transfer taking place in Apr 24. Signature Name Maj H Cartwright Date: ___10 Jul 24_________________ Appointment 11X COS ## **Internal Auditor's/Audit Board Report** 1. I have examined the books of account and records from which the final accounts were prepared and have obtained all the information and explanations that were necessary for the purpose of *my/our internal audit. 2. I certify that end of period checks have been conducted in accordance with Service Funds Regulations. 3. Subject to the observations given below I am are satisfied that proper books of account have been kept and that the final accounts give a true and fair view of the results of transactions over the period and of the state of the Fund's affairs as at the date of the balance sheet. Subject also to my observations I am satisfied that cash and bank balances and stocks on hand have been properly checked at prescribed intervals and that adequate insurance exists. 4. I have stamped and the original books of account and the original records I have checked. 5. I have made the following observations whilst carrying out the internal audit: ## **Management** - 1 **Fund manager checks** have all been completed and within the timeframe. 2. **Income over expenditure** ## **Restricted** **3. Transfers** - There are 2 negative figuires within the Fund Summary report for R004 & R011. This is due to G302 being used to transfer out to GPF when the fund was transitioning in to 2 split funds. 4. **Expenditure over income** ## **GPF** 4. **Income over Expenditure** - The fund has received £7757 more than it has expended. In relation to GPF this isa healthy increase. Signature Name Mr Abe Allen Date: _______25 Jul 24_____________ Appointment GAO IA i*widal ctrcum•t•nc¢g a¢ th• ¢harlty ai lfi• •nd d th• r•p￿104 perlcrfl and. If •eety* ar• prep•v•d on cP*¢k wh￿h•1 th• iru¥t•*• hw• mad• •ft •****￿ lh• ehwlly'• posèllon •* • golng eor4e•rn •ppvty4knJ •¢c(*m Nl 5148 and ossossod l tho vrtylh d Iho I￿￿j rooxwJ an ertended wrK¢J. 10, DivKllpn 10. C1￿1K th• eoTht•rt •¢couTht I Ser￿ lurKI X¢CMJrts AF N1514 ce4nF4w SOAP swiaara re￿1￿1 (SOF& SW rYAes the lh• AF N1514. •n*iytSeAI r•¥l•w •f lh• •¢¢0￿14 th•1 n••d W b• tolhy**l up f¢x fur#w •¥pl•n•tlon a. There has b0•n no Th￿%￿M•nI in th• 11X SPS Stuthl Day r•strklod IWKI 1 a￿)rt PorKxl. ILrt1 managof 15 trj ersswe trwt Ihs resti*l•J Iw¥J r•mans frt k¥ pu￿￿1•. b. It o ackryml0(Jged that IhLg has a￿1 w￿1 o) ilwouth a ￿nif￿an1 alr￿n1 ot r9e. Th8 Imit are to th• n•c•ssary sleps lo dfvf•9￿er tlxs wilh th• 08ts.' 09 Aug 24 AKwthlmenl: Independent Examiner's Signature Name Maj S Adcock Date: ____________________ Appointment SO2 SPS 21 Siatemenl of Flnanclal Acilvltles as ai 3110312024 Paxton+ P#gelofl PrlDted: 0410412024 11 Bde Comd Fund AGPDO H Aldershot Garrison Unrestriciedl DesignatedlGPF Funds Restricied Funds Endowment Funds Toial Funds Previous Period Total Funds ncomSn8 Resources olunthry Income ¢iiviiies for Generating Funds nveslment Income ncome Resources from haritable Activities 0.00 0.00 0.00 10,450.00 0.00 10.450.00 74.769.85 0.00 0.00 0.00 0.00 9.5?7.16 9 527.16 13.518.47 -1.569.40 22 99.07 0.00 0.00 13.518.47 7.957.76 31926.23 103.207.38 87.15 thcr Incomin Rcsourccs ot81 Ineomln Re%ourc¢x esourcts Exptnded Cost oc ener*tSn8 Funds nvLSlm¢nt Managcmerti Cost5 ost5 of G¢n¢rating Fund5 haritable Activities overnance Costs rdnis and Donations Iher Costs otal Resources Ex ended et locomlD%lOu¢%olnR esources Before TrAD5f¢rs r&Dsfers 178 064.38 0.00 0.00 214.59 135.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 60.87J.14 214.79 12.682.01 309.00 60.658.55 79.58 11,570.87 37.714.88 150.00 17.310.13 251.78 309.00 1 769.94 72 09.00 0.00 74 078.94 42 .79 7.757.22 49.909.93 0.00 42.152.71 122.637.59 ross transfers beiween funds iniernal iran%fers) tt IncomlN8 rtsourees befor oldln Alns and losses oldiD% C1•in￿LoSSeS ains on revaluation of ihe harity's fixed assets nrLalised GainslLosses on nvLsimLni dssLI.% 0.00 0.00 -695.40 7,757.22 49.909.93 0.00 42.152.71 121.942.19 0.00 0.00 0.00 0.00 0.00 7 7S7.22 0.00 49 909.93 0.00 0.00 0.00 121 942.19 et Mo%emeni In Funds tconclllatlon of Funds otal funds brought forward rom prev10￿S ve*r otal funds c4rrled forward 42 152.71 -3,147.90 200.029.77 0.00 196881.87 4 609.32 150 119.84 0.00 154.729.16 P•¥ton+ Ince Shed- M•rcb 2024 Page l of2 Prinled: (Mll)412024 11 Bde Comd Fund AGPDO HQ Alderslhol GArrlwn March 2024 Erld of I￿1 Balawe Fixed Assets 0.00 Investsn¢nt% 0.00 Total Fixed Assets Cwrtht As*ts 201 ?6?.33 Cwreni hnk •¢rount 0.00 Debiors ?01 ?6?.33 Totsl Current AssttS 210.339.66 210,339.66 201 ?62.33 Totsl Assels 210,339.66 Liabiliii¢s 4.377.46 Cr￿1￿$ 3.00 VAT control 0.00 VAT Pa￿ble 55.60?.50 (4.380.461 Total Liabilities 155.610.501 l96.881.87 Total Minw L￿￿111¢$ 154.729.l6 To¢al Funds 2Q).0?9.7? Total Restricicd Fund* 0.00 Total EndO￿T￿ent Furos 0.00 Total D¢sLgnat¢d Funds (3.147.¢X)) A¢¢￿￿￿lated Tr4ding & GPF 150.11g.PA 4.609.32 196.881.87 Total F¥nds 154.729.l6 PaxtoTrF Bxlxnee Sheet- Mareh 2024 Px%e2 of2 PrIn¢￿. 0410412024 11 Bde Comd Fund AGPDO HQ Aldershot G*rrison End ofia Balance Funds An•tyxis Iksignjied Funds Rc5trirt¢d Fuwls l.W4.58 Bd¢ W¢lf#r¢ and Charities 125.772.27 ACF 70.063.R8 1 IX - Cadd Trainins Tew 177.95 1 IX SPS STUDY DAY 2éA).38 Gairt5haTe. HQ I l Bdc 1.313.81 GaiMhaT¢- I l Bde PRU 75.06 Clai￿￿Or¢- AWS SE 451.84 I IX UK S￿)rts South Fwhd 0.00 Presentations 121.348.77 24.0%6.34 177.95 1,165.311 3 J41.40 o. 2N).029.77 150.119.84 Efjdo*mthi Funds Trndin8 and Gentral ￿ Funds O.W TTrding surpl 0.00 Non Primary Purtmjse tradin8 surp￿$ (I.IY)6.621 G¢￿ttl Pury￿e Fu￿1 5urplu5 o. 7,75722 11.096.62} TTrding & CJPF sury>Ius 12.051 ?81 Ball￿¢ at laA bala￿e 5beei 7.757.22 (3.147.Wl (3,14?.￿> Accurnulated Tradin8 & GPF 4.609.32 l96.881.87 Grand tothl 154.729.16 Si8Ntur¢ ofAIC HoldcrlFund Mann8¢Y dé•b 05 Jul 24 Si8￿(Ure of Mana8iTb8 Tn Da*.-_ 10Ju124 Expetidithre. Drf*ilEd. 2024 P*%e l of 11 PrADied: 1811W2024 11 Bde Comd FuDd AGPDO HQAlder4knt Csrrlso MaTch 20?4 iod• GPFAnal)si5 Voluw Ir*L)m¢ G(Kb2 Gww om O.OD Activities forGe￿w￿l￿g FurM15 GIOI Pfe*ht*iioo Ir*oo)t Ini'cslmtnt IKomc o. 0.1 JKom¢ RestyJI￿ frron Chr#•bie A¢iivi¢i Tradin8 Incow CIlS0 Cjjdei Truithin8 Te￿ I￿00 G151 F￿￿tIonS IrKorne G152 R¢fiy¥ o.Ik) Non Prim•ry P￿p￿e Tr*lin8 I￿¢4 G3(K) Bank Intere G301 In¢ome G302 Tmtsfer to GPF om 3.965.98 4.839.52 3.tiH.65 4.6%7.64 7.570.63 9.527.16 lrtenxl Trnnsfers ID 0.1 o.( G*ins w Rev11￿1￿ ofFixedAsseis o. O.IKJ Urtrealised Gains on In%r*ment Asset5 G400 Uwalixd Gain 0.00 GPF Toknl ID¢u 7.570.63 9.527.16 P*xto ltt¢ome *tyl E4*thllt•rt- Detxlled- 2024 Pw2orii Prlnitd: 18IW2O24 11 Bde Comd Fund AGPDO HQ Aldershot G*rrlson T¥movLY ihis month Turno rtod*i EAprndiiure Investment Manllgtmeni Cos Co*s of Gener4tiTh8 Funds Ch*riiableAetivities TTadinB ¢osts ti(￿￿) Cadei TraIn￿g Team EApeJJdiiur G601 1 IX T.Shirts. s￿rts & Jumpers GéAb2 FurKDon Exwjditure 214.59 214.59 Governance Costs G750 Bd¢ Bull Fu￿1 133.21 13S.21 GT•nts and I)ou•iio G770 Prosentstionx CJ771 Cirbnis fJ772 1 IX UK Spons South Pa>w* G799 Fiowyr5 993.00 Othcrcos Nort Primary Trndiftg Costs CJBOI Frnmbng CvA03 1Thve5tttrntS G804 Hi-v￿ ￿'eSts 309.(rf> 309.1)0 Jniernal TraD5few5 G9￿ Write Offs GWI Trdrtsfer from GPF iW2 Trnnjfcr From Remricied Unrealixd Los￿5 on InvesmKn GPF To¥1 ExpefvJM¥r¢ 1.769.94 GPF Inromv Ovtt EX￿diti 7.570.63 7.757.22 PAxtom+ Income I￿1 ￿pendItUre. Dttsiled. MArcb 2024 Re30111 Prlnitd: IPdW2024 11 Bde Comd Fund AGPDO HQ AldernhDi C*rrlw• TurTho%¢r ihis trA)nth Turno%'er '¢&r to daic TTadins Ex￿[MI11￿re T(K14 Wri* or(x Tryjins InrotDe T(￿18 Sales Jjxome Over Exr*Thlithw¢ N￿￿ Prinwry TTrdiTh8AnalyJis Trndin8 Exp¢Nli¢we Jjwme Over Exr*ThJittw¢ Ineome Expendllurn- l)et•lled- Mjirrb 2024 P*y4ofll Prlnttd: IPJ0612024 11 Bde Comd Fund ACPDO HQ Alderslmbt C*rrlsoD TuTno>cr ihi% Thinih Turnoi'cr licar ro dalc Restricied FuDlsADalysis Voluthry In¢on R(W Bde Welfare a￿j CharitiC5 ACF RINJ6 1 IX . C￿le1 Trninin8 Tum R(M)8 1 IX SPS STUDY DAY R(M)g GaiTh5h8re. HQ I l Bde ROIO GaiThshllrc- I l Bde PRU ROI l Gaith5haT¢- AWS SE R401 1 IX UK Sp)rts So¢*h Fu R402 Prcscnthrions 9.950. 10.450.C Actib'ities for GenE￿iDE Funds R(MM ￿¢ w¢[f•￿ Cbwiiits R￿)5 ACF R(￿ I IX - C'adc¢ Trnining Tc4m R(M)8 I IX SPS STUDY DAY R(W Gainshare- HQ I l Bde ROIO Gaith5hJre - I l Bdc PRU ROI l Gllinshare- AWS SE R401 1 IX UK Sports Sowh FuTrJ R402 fvt5¢ntstiot)s RIY)4 Bdc Welfare ClwitiCS RI￿5 ACF R(￿ I IX . Cad* Tr*inirL8 Te￿Tr R(M)8 1 I X SPS STUDY DAY Cjaittshare . HQ I l Bde ROIO GaiThsharc- I l Bde PRU ROI I CiainSh*Te- AWS SE R401 11.¥ UK Srx)rts Sowh R40? PreS￿￿tIOnS o.ly) IwMn¢ R¢sour¢¢s from C]wiiabl¢A¢iiviii R(KM Bd¢ We1h￿ •￿1 Cb•Tiii¢s RIY)S ACF R(￿ I IX - Cadet Twainw8 Team R(M)8 I IX SPS STUDY DAY RIYJ9 Gainsknrc- HQ I l Bde ROIO Galttsha￿- I l Bde PRU ROI l Gainshare- AWS SE R401 1 IX UK SporLS sO￿h Futha R402 Ptrsentstio￿$ 63.76 114.95 13.431.21 23.50 114.95 13.S18.47 Other 1s*omih8 Re￿￿e& RIY)4 Bdc Wclfare Clwitics R￿)5 ACF R(￿ I IX . Cadd Tr*iniu8 T¢ .1.494.34 -1,494.34 p￿¢0￿* Income amd Expendhu￿. D￿alltd. M￿th 2024 Pw5of 11 Prlnted: 1#10612024 11 Bde Comd Fund AGPDO HQAIdernh￿ G•rrlw Twnovcr ihis I￿nth Turnoi'er T io datc R(￿ I IX SPS STUDY DAY Riw Gainshare . HQ I l Bde ROIO - I l Bd¢ PRU ROI I CJainshaTe. AWS SE R401 1 IX UK Sports Sodi R402 Ptcscnthiion5 -75.06 .75.06 -1.569.40 -1.569.40 Tothl Ir&otne excludiD8 tratt%fers .454.45 22J99.07 P*xtOA+ Imcome •Dd Expendllurn- D￿%11td- March 2024 P*%t6orii PrfThiod: IVJW2024 11 Bde CorThd Fund AGPDO HQ Alder4hot Garrison Twnoi'er th Is TunJovcT 'tario da ROtsI 8de Wtlf*e ¥thd Cbwities RLX>5 ACF R(K16 1 IX. Train￿$T￿a R008 1 IX SPS STUDY DAY RLXYI Gainshare- HQ I l Bdc ROIO Gainshare. I I Ildc PRU ROI I GAinsb•r¢- AWS SE R401 1 IX UK s￿rts South FurKI R401 Presentatior C4)515 of fwenEMing FuwJ5 R(MM Bde W¢lfar¢ and Charities R(MJJ ACF RLM>6 1 IX. Clldd Training Tea R(K¥8 I IX SPS STUDY DAY R(Th CJaI￿5ha￿- HQ I I ROIO Gainshare. I I ljdc PRU ROI I CJainShare- AW'S SE R401 1 IX UK SI￿rts South Fur R402 PreJenthiion5 C1￿1￿ble Acti%ities RLM>4 Bde Welfyre Charities R(K15 ACF Ro￿ I IX- Cadd TTrintThg T¢*u RLM18 1 IX SPS STUDY DAY RCrf>9 Gainshare- HQ I l Bde ROIO GaIth5h￿e. I I Ild¢ PRV ROI l GawthTe. AWS SE R401 1 IX UK Sports sO￿h Fulld 974.LXI 426.8 5¥.408.75 180.80 95.(* 420.80 60.658.55 ROty4 Bde Welf*tt ahd Cknrities R(X>5 ACF R(K16 1 IX. Cadd TrainÈTrgTeam ROOX I IX SPS STUDY DAY R(MYI cia1nsha￿- HQ I l Bdc ROIO Gainshare- I l Bde PR ROI I Clouts￿re- AIA'S SE R401 1 IX UK South Fund R40? Presentstio 79.58 79.58 GTathts4NI Dotyalioo5 R(KM Bd¢ W¢If￿¢ W Chtiriti¢s ROO5 ACF RLM)6 1 IX. Cadd Trainin8Te4 R(K18 1 IX SPS STUDY DAY R009 CJ•ill5h1￿- HQ I l Bde 4.423.50 Paxto P•Ke7of 11 Prlnied: IS10612024 11 Bde Comd Fund AGPDO HQ Alderslmrt C*rrlsoD Turn0￿ct ROIO GairÈshare. I l Bde PRU ROI l Gaitb5IL¥c- AWS SE R401 1 IX UK Sports South Fulld R402 Pr¢$ethtstions 63.43 703.92 ?.083.94 703.92 11.570.87 (thr Cos RIN Rde Welf*re *od CJwitit$ R￿•5 ACF RI￿ I IX - Cidd TrniThing Team RIM)8 1 IX SPS STUDY DAY Gaiftshaty. HQ I l Bde ROIO Gairtssha￿- I l Bde PRU ROI I CJ#lrtshar¢- AWS SE R401 1 IX UK Sports South FutMI R402 Ple$en￿l0 Tothl excludLn8 tran5ftr5 .130.72 72,3￿. INerrAI Tran5fcr5 R(W Bdc Welfare Charities RIW)5 ACF R(￿ I IX . Cadtt TrainitLB Tearn RIKIS I IX SPS STUDY DAY R(W CJain5hare. HQ I l Bde ROIO Gairthty- I I Ilde PRU ROI l Gllinsharc. AW'S SE R401 1 IX UK SJM)rts sO￿h Fur*J R402 Prescnwions fvThts Ir*oDX Over Expenditw¢ -?.585_17 49.1)IY).93 IDEOme a￿1 ExpeDditiLre. Detxlltd- Mxrrh 21124 Pa%e 8 of 11 Printtd: 1810612024 11 Bde Comd Fund AGPDO HQ Alden1￿1 Garrlwn TuwNbvcT ihis TurnoTrs¢r ¢aT to dai¢ Dtsignwed Anal￿18 Voluwry A¢tiViii¢5 for G¢￿ratin¥ Fufylx Investhefji Into Ineome Resources fromchomobte Aciiviti Toknl exluditi8 trJMf¢ Aton+ Income and Expendknre. Detailed. March 21124 Pw9of 11 Prlnied: I&W2024 11 Bde Comd Fund AGPDO HQ A￿ershot G*rrisoD Turno%tt ihi% month Turnoier vcor to dai¢ InyeMI￿Dt ManascnKni Costs o.oo Costs ofGerKMin8 Fu￿S o.ots Cbwithbl¢ A¢iiviiies Govenw*e Co#5 O.(Kl o. Total EX￿￿]1￿￿¢ excl￿11￿￿ ttan5 InternAI TrAMfers o. P*xto l*¢ome *thd E%￿dI￿re. Det*lled. Marrh 2024 PaRe Ioof 11 PrlDted: IPJ0612024 11 Bdt Comd Fund AGPDO HQ AlderSh￿ C*rrlson TuTlloi'cT 'caT lo dale Jrtome VoluM4ry IrKom¢ A¢iivities for CJetherniin8 Fur Income Rewurces frorn Chuithble Artiviii Totsl exclwliry Paxton+ Income wl Expendltsre. D*t￿le￿. Mxyrh 2024 P*Re 11 OCII Prlnted: 181W2024 11 Bql¢ Comd Fund AGPDO HQAld¢rJhot GArrts•n TwnovLY this Thinth Turnover r io dat¢ ExPe￿Ji￿We Costs orGenc￿l￿8 CluritsbteAthiviiies ￿Mi tknnatiODS Totsl EX5￿11￿￿£ exc1wil￿ tr￿s(cr5 Ini¢rn&l TraDsfer5 Paxton+ Fund Return Summary as at 3110312024 PAgel ofl Printed: 2610412024 11 Bde Comd Fund AGPDO HQ Aldershot Garrison Balance blfwd 0.00 0.00 0.00 1,904.58 125,772.27 70,063.88 0.00 177.95 260.38 1,323.81 75.06 451.84 0.00 Income Transfer In Transfer Out enses Closin 0.00 0.00 0.00 0.00 121,348.77 24,086.34 0.00 177.95 0.00 1,165.38 0.00 3,341.40 0.00 ROO l Bde X-mas Party R002 Bde Dinner Night R003 Bde Ex R004 Bde Welfare and Charities R005 ACF R006 1 I X - Cadet Training Team R007 1 l Bde - CTT Summer Cam R008 1 IX SPS STUDY DAY R009 Gainshare - HQ I l Bde ROIO Gainshare - I l Bde PRU RO I l Gainshare - AWS SE R401 1 IX UK Sports South Fund R402 Presentations 0.00 0.00 0.00 -930.58 0.00 13,431.21 0.00 0.00 0.00 0.00 -75.06 9,973.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 974.00 4,423.50 59,408.75 0.00 0.00 260.38 158.43 0.00 7,083.94 0.00 Total Restricted Funds 200,029.77 22,399.07 0.00 0.00 72,309.00 150,119.84 Tr141 ￿*￿te Pa%el of2 Prthtcd: (14M412024 I l Bde Comd Fund AGPDO HQAldtr4hrf Garrt￿ll B#l4n¢e date to end of March ?0?4 All n01niMI ¢Lxies WiUw)ut ¢ost ¢cnwe ¢odes shou B31M Investmrnis B51X) Debt￿￿¥ 210.339.66 9,077.33 B71KI CrediforA -55fj07.50 -51.230.04 B750 VAT conlToI B714) VAT payable B91M) A 993.th) G771 G772 IIX UK Sport5 SDthh PaynKnt Flowyrs G799 CJ*OI F￿rn￿¥ Ir*YrsimE 309.IM) G803 G81M HI-V￿ Ve51 (Jffs G901 T￿NsfCr fiDtn CIPF G950 ItsYEMJnEnts Offs T740 T750 Pwchaae di￿￿11%￿k¢ 1.769.94 -9.527.16 -7.570.6J -7.757.?? -7.570.63