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|||||Page|
|---|---|---|---|---|
|Trustees'<br>report||||1 —12|
|Reference and administrative||details ofthe charity, its trustees|and advisers|13-14|
|Independent<br>auditor's|report|||15 —18|
|Statement offinancial|activities|||19|
|Balance sheet||||20|
|Statement ofcash flows||||21|
|Notes to the financial|statements|||22- 33|





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2021|2021|2021|2020|
|Income and endowments|from:||||||
|Donations<br>8 Legacies<br>Other trading<br>activities<br>Investment<br>income<br>Other income||3<br>9<br>10<br>11|794,489<br>78,603<br>407,889<br>25,949|20,036|794,489<br>78,603<br>427,925<br>25,949|716,162<br>22,571<br>430,790<br>11,289|
|Total income|||1 306,930|20 036|1,326966|1,180,812|
|Expenditure<br>on:|||||||
|Raising Funds<br>Charitable<br>activities||12<br>13|288<br>1,405,858|39,350|288<br>1,445,208|5,342<br>1,395,066|
|Total expenditure|||1406,146|39350|1 445,496|1,400,408|
|Net expenditure<br>before revaluations|||(99,216)|(19,314)|(118,530)|(219,596)|
|Net gains on investments||19|1,086,496|53,270|1,139,766|580,026|
|Net movement<br>in funds for year|||987,280|33,956|1,021,236|360,430|
|Reconciliation<br>offunds|||||||
|Total funds at 1 January 2021|||12,672,333|719,061|13,391,394|13,030,964|
|Total funds at 31 December|2021||13659,613|753017|14,412630|13,391,394|





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|||||Note|2021|2020|
|---|---|---|---|---|---|---|
|Net cash used<br>in operating<br>activities||||27|702,283|665,396)|
|Cash flows from investing<br>activities|||||||
|interest and dividends<br>Purchase oftangible<br>fixed assets<br>Movement<br>on Branch Investments<br>Disposal offixed asset investments|||||427,925<br>(4,340)<br>(3,431)<br>250,000|430,790<br>(10,696)<br>(5,634)<br>250,000|
|Cash provided<br>by (used in) investing||activities|||670,154|664,460|
|Increase/(decrease)<br>in cash and cash|||||||
|equivalents<br>in the year|||||32,129|936|
|Cash and cash equivalents<br>at the|beginning||ofthe year||662,117|663,053|
|Total cash and cash equivalents|at the end ofthe year||||629,988|662,117|
|Analysis<br>ofchanges<br>in net debt|||||||
|||||At 31Jan||At 31 Dec|
|||||2021|Cashflows|2021|
|Cash and cash equivalents|||||||
|Cash||||662,117|(32,129)|629,988|





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
|3|Donations|&Legacies||||||
||Donations<br>Legacies<br>Grants<br>Subscriptions<br>Donated services and facilities||(Note 4)<br>(Note 5)<br>(Note 6)<br>(Note 7)<br>(Note 8)|91,649<br>211,462<br>2,500<br>406,164<br>82,714||91,649<br>211,462<br>2,500<br>406,164<br>82,714|125,847<br>125,000<br>2,500<br>384,193<br>78,622|
|||||794,489||794,489|716 162|



||General donations<br>Donations<br>from branches<br>Tax refund<br>Website donations<br>Sapper Network|||87,793<br>260<br>123<br>2,973<br>500|87,793<br>260<br>123<br>2,973<br>500|119,879<br>830<br>952<br>2,836<br>1,350|
|---|---|---|---|---|---|---|
|||||91,649|91,649|125,847|
|5|Legacies||||||
||Other legacies|||211,462|211,462|125,000|
|6|Grants||||||
||H&M Charitable<br>Trust|||2,500|2,500|2,500|
|7|Subscriptions<br>and tax||||||
||Membership|||16,736|16,736|17,472|
||Grant from RECCT (represents<br>Pay Scheme subscriptions<br>to||50%of Day's<br> RECCT)||389,428|366,721|
|||||406,164|406,164|384,193|





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|For|the year ended 31 December 2021|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||8 Donated services and facilities|||||
||Gas<br>Electricity<br>Water and sewage<br>Community<br>charge<br>Utilities<br>MOD salaries<br>Administration<br>salaries|1,770<br>2,093<br>847<br>5,574<br>1,451<br>28,270<br>42,709||1,770<br>2,093<br>&47<br>5,574<br>1,451<br>28,270<br>42,709|1,757<br>2,068<br>835<br>5,519<br>1,421<br>28,093<br>38,929|
||Total|82 714||82714|78,622|
||9 Other trading<br>activities|||||
||Esprit de Corps income|78,603||78,603|22,571|



## 

|Dividends —Armed Forces Charities<br>Bank interest|Fund<br>407,877<br>12|20,023<br>13|427,900<br>25|430,686<br>104|
|---|---|---|---|---|
||407 889|20,036|427,925|430,790|
|Of the total investment<br>income received, of2427,925 (2020:f430,790),2407,889was to<br>unrestricted<br>funds (2020:F411,088) and F20,036was to restricted<br>funds (2020:219,702).|||||



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|Sundry|income|25,949|25,949|11,289|
|---|---|---|---|---|
|Raising|Funds||||
|Recruiting||288|288|5,342|



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|Charitable<br>Activities|||||||
|---|---|---|---|---|---|---|
||||Direct costs|Support<br>costs|Total|Total|
||||2021|2021|2021|2020|
|Benevolence<br>(Note 14)<br>Esprit de Corps<br>(Note 15)|||K<br>600,049<br>509,152|140,590<br>195,417|740,639<br>704,569|F<br>611,151<br>783,915|
||||1 109,201|336007|1,445,208|1,395,066|
|F1,405,858 ofthe charitable<br>activities expenditure<br>was from unrestricted<br>funds <br>and 639,350was from restricted<br>funds (2020:224,903).|||||(2020:E1,370,163)||



|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|14|Benevolence grants and allowances|||||
||Direct costs|||||
||Grants<br>Christmas<br>grants<br>Weekly allowances<br>Army Benevolent<br>Fund<br>SSAFA Families<br>Help<br>Other charities<br>Refund Grants previous years|216,556<br>9,305<br>121,810<br>220,000<br>(6,972)|39,350|255,906<br>9,305<br>121,810<br>220,000<br>(6,972)|273,359<br>11,503<br>125,767<br>50,000<br>20,000<br>(4,095)|
||Support costs|560,699|39,350|600,049|476,534|
||Committee<br>&Travel costs|910||910|600|
||Audit<br>Fees & Subscriptions<br>Insurance<br>Administration<br>Post &Telephone<br>Depreciation<br>Donated services support costs<br>Donated services MOD salaries<br>Staff costs|3,591<br>4,178<br>1,517<br>7,746<br>4,838<br>294<br>24,174<br>28,270<br>65,072||3,591<br>4,178<br>'l,517<br>7,746<br>4,838<br>294<br>24,174<br>28,270<br>65,072|3,576<br>3,773<br>1,435<br>4,344<br>2,340<br>294<br>22,173<br>28,093<br>67,989|
|||140,590||140,590|134,617|
|||701 289|39350|740,639|611,151|





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|tes to the financial stateme<br>r the year ended 31 Decem|nts<br>ber 2021|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|15Esprit de Corps||||||
|Direct costs<br>Corps activities<br>Branch donations<br>Branch activities<br>Annual<br>Conference||346,281<br>24,294<br>138,405<br>172||346,281<br>24,294<br>138,405<br>172|539,659<br>10,332<br>43,204<br>1,398|
|||509,152||509,152|594,593|
|Supportcosts<br>Committee<br>&Travel costs<br>Audit<br>Fees & Subscriptions<br>Insurance<br>Administration<br>Post &telephone<br>Depreciation<br>Donated services support costs<br>Staff Costs||3,638<br>3,591<br>4,178<br>1,517<br>8,344<br>4,838<br>5,583<br>30,272<br>133,456||3,638<br>3,591<br>4,178<br>1,517<br>8,344<br>4,838<br>5,583<br>30,272<br>133,456|2,399<br>3,576<br>3,773<br>1,435<br>4,803<br>2,340<br>5,583<br>28,356<br>137,057|
|||195,417||195,417|189,322|
|||704,569||704,569|783,915|
|16 Net Income I Expenditure||||||
|This is stated after charging:||||||
|Depreciation<br>oftangible<br>fixed assets:<br>- owned<br>by the charity<br>Auditor's<br>remuneration||||5,876<br>7 182|5,877<br>7 152|





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|Total|Total|
|---|---|
|funds|funds|
|2021|2020|



||||||||Total<br>funds<br>2021|Total<br>funds<br>2020|
|---|---|---|---|---|---|---|---|---|
|17|Staff costs||||||||
||Staff costs were as follows:||||||||
||Wages and salaries<br>Social security costs<br>Other pension costs||||||172,360<br>13,703<br>12,466|179,961<br>12,423<br>12,662|
||||||||198529|205,046|
||The average<br>monthly<br>number ofemployees<br>during|||the year|was as follows:||No.|No.|
||Management<br>and administration|ofthe charity|||||||
||No employee<br>received remuneration<br>amounting<br>to <br>The total employment<br>benefits<br>including<br>employer<br>personnel<br>were 657,578 (2020 - f58,190).|||more than F60,000 in either <br>pension<br>contributions<br>ofthe|||year.<br> key management||



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|Tangible fixed assets|||||
|---|---|---|---|---|
||Unrestricted<br>Designated<br>Fixtures &<br>fittingsf|Unrestricted<br>General<br>Property|Unrestricted<br>General<br>Computer<br>equipment|Total|
|Cost|||||
|At 1 January 2021|85,575|115,591|25 651|226 817|
|Additions|4,340|||4,340|
|At 31 December 2021|89,915|115,591|25,651|231,157|
|Depreciation|||||
|At 1 January 2021|11,865|108,779|15,411|136,055|
|Charge for the year||2 323|3,553|5,876|
|At 31 December 2021|11,865|111,102|18,964|141,931|
|Net book value|||||
|At 31 December 2021|78050|4490|6685|89226|
|At 31 December 2020|73,710|6,813|10238|90762|





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|20|Debtors||||
|---|---|---|---|---|
||||2021|2020|
|||||F|
||Other debtors||316,791|137,441|
||Prepayments|and accrued income|28,573|32,165|
||||345364|169,606|
|21|Creditors:||||
||Amounts<br>falling due within one year||||
||Branch creditors||8,435|4,735|
||Other creditors||36,405|26,051|
||||44,840|30,786|





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|Current Year||||Brought|Income|Expenditure|Transfers|Gains/|Carried|
|---|---|---|---|---|---|---|---|---|---|
|||||Forward|||in/out|(Losses)|Forward|
||||||E||E|||
|Designated<br>funds||||||||||
|Branch funds||||539,533|202,045|162,699|||578,879|
|General funds||||||||||
|General funds||||12,131,260|1,104,974|1,243,536||1,086,496|13,079,194|
|Total Unrestricted||funds||12,670,793|1,307,019|1,406,235||1,086,496|13,658,073|
|Restricted funds||||||||||
|Kitchener Scholarship|||Fund|720,601|20,036|39,350||53,270|754,557|
|Total Restricted||Funds||720,601|20,036|39,350||53,270|754,557|
|Total offunds||||13,391,394|1,327,055|1,445,585||1,139,766|14,412,630|
|Prior Year||||Brought|Income|Expenditure|Transfers|Gains/|Carried|
|||||Forward|||in/out|(Losses)|Forward|
||||||||F|F|F|
|Designated<br>funds||||||||||
|Branch funds||||432,257|160,813|53,537|||539,533|
|General<br>funds||||||||||
|General funds||||11,902,191|1,000,297|(1,321,968)|(2,211)|552,951|12,131,260|
|Total Unrestricted||funds||12,334,448|1,161,110|1,375,505|2,211|552,951|12,670,793|
|Restricted<br>funds||||||||||
|Gabriel<br>Fund||||2,691||(7,460)|4,769|||
|Kitchener Scholarship|||Fund|693,825|19,702|17,443|2,558|27,075|720,601|
|Total Restricted|Funds|||696,516|19,702|24,903|2,211|27,075|720,601|
|Total offunds||||13,030,964|1,180,812|1,400,408||580026|13391394|





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|Analysis<br>ofnet assets between funds||||
|---|---|---|---|
|Current Year|Unrestricted<br>funds|Restricted<br>funds|Total<br>funds|
||2021|2021|2021|
|||E|E|
|Tangible fixed assets<br>Fixed asset investments<br>Current assets|89,226<br>12,761,462<br>864,256|631,430<br>111,096|89,226<br>13,392,892<br>975,352|
|Creditors due within one year|(44,840)||(44,840)|
||13,670,104|742,526|14,412,630|



|Prior Year|Prior Year|Unrestricted<br>funds|Restricted<br>funds|Total<br>funds|
|---|---|---|---|---|
|||2020|2020|2020|
|||E|f.|E|
|Tangible<br>fixed assets<br>Fixed asset investments||90,762<br>11,923,675|576,020|90,762<br>12,499,695|
|Current|assets|687,142|144,581|831,723|
|Creditors|due within one year|(30,786)||(30,786)|
|||12,670,793|720,601|13,391,394|





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