| CONTENTS | |||
|---|---|---|---|
| Page | |||
| History ofthe Yeomanry | |||
| The Yeomanry Benevolent |
Fund | ||
| Statement ofPurpose | |||
| Tnistees and Officials | |||
| Trustees' Report | 5-9 | ||
| Independent Examiner' |
sReport | 10 | |
| Statement ofFinancial | Activities | ||
| Balance Sheet | 12 | ||
| Notes to the Accounts | 13 - 15 | ||
| Beneficiaries by Regiment | |||
| Private Donations | 16 | ||
| Donations from Regiments | and Associations | 16 | |
| Yeomanry Regiments |
and | their Successor Units | l7-21 |
| Forthe year to31May 2 | 023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Year to | Year to | ||||||
| Note | F | d | ph | d | 31Ma} 2023 |
31May 2022 |
|||
| Income and Endowments | from | ||||||||
| Donations and legacies |
2400 | 2400 | 2,355 | ||||||
| Charitable actimties |
l,t}92 | 1,092 | 1,202 | ||||||
| Investments | 29050 | 29050 | 26,9l6 | ||||||
| Total income | 32343 | 32 43 | 30,473 | ||||||
| Expenditure ou |
|||||||||
| Raising funds | 7,170 | 7,1'70 | 7,744 | ||||||
| Charitable activities |
37,101 | 37,101 | 28,436 | ||||||
| Total expenditure | 44,271 | 44 271 | 36180 | ||||||
| Net income (expendlntre) |
(11,928) | (11'28) | (»709) | ||||||
| Tmns fera between Funds | |||||||||
| (11'28) | (116128) | (5,709) | |||||||
| Other mcognised gains (losses) | |||||||||
| Gains (losses) on invesiments | 13014 | 46 | 25 | 09 39 | ~8639 | ||||
| Net movement in funds |
(24,943) | (46/25) | (71467) | (9,348) | |||||
| Reconciliation offunds | |||||||||
| Total funds brought forward | 232,009 | 825/52 | 19057'I | 1,067,209 | |||||
| Total ihnds carried forward | 207066 | '179 | 27 | 986 94 | 11157861 |
| Year | to | Year | to | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
31 | May | 2023 | 31 | May | 2022 | ||||||
| No | No | |||||||||||
| C&mats paid | m thc year | 25 | 32,125 | 19 | 18,628 | |||||||
| Donations | 0 | 5,000 | ||||||||||
| 25 | 32,125 | 19 | 23,628 | |||||||||
| Support costs (note 7) | 4„4176 | 4,808 | ||||||||||
| 37,101 | ||||||||||||
| 7. | SUPPORT COSTS | |||||||||||
| Year | to | Year | to | |||||||||
| 31 | May I |
2023 | 31May | 2022 | ||||||||
| Secretary's | fees | 3,600 | 3,600 | |||||||||
| Secretary 's | expenses (trave i) | 169 | 110 | |||||||||
| Trustees' meeting costs |
461 | 417 | ||||||||||
| Printing | 224 | 264 | ||||||||||
| Media storage, postage and | stationery | 68 | 152 | |||||||||
| Bank fees | 66 | 96 | ||||||||||
| Regulatory | and subscriptions | 500 | 301 | |||||||||
| 3,888 | ||||||||||||
| The Trustees | received no remunemtion | durhtg | lhe | year (2022 —nil) | ||||||||
| Support costs have been allocated to the | following | activities in accordance | with | the nature ofthe underlying | ||||||||
| expenditure: | Year | to | Yearto | |||||||||
| 31 | lUIay | 2023 | 31May | 2022 | ||||||||
| Raising funds (50YI&ofprinting) |
112 | 132 | ||||||||||
| Charitabl | activities (balance) | 4&976 | 4,808 | |||||||||
| 5oua | 4940 | |||||||||||
| S. | INVESTMENTS | |||||||||||
| Year | to | Year to | ||||||||||
| 31 | May | 2023 | 31May | 2022 | ||||||||
| Movement | in investments | during the year | 8 | 6 | ||||||||
| Market value at start ofthe | year | 1,013,&64 | 1,025,115 | |||||||||
| Net divestment lnvestmcnt losses |
(7,058) (59,339) |
(7,612) ~3633 |
||||||||||
| Market value at end ofthe year | 843468 | Itlt3864 |
| NOTES TO THK ACCOU Year to 31May 2023 |
NT | S | S | ||
|---|---|---|---|---|---|
| Analysis ofinvestments | at | end ofthe year | Year to 31May 2023 |
Year to 31May 2022 |
|
| 8 | |||||
| Listed ImIestments | |||||
| Equities UK |
219,690 | 229,090 | |||
| Overseas | 411,780 | 449,344 | |||
| Alternative Investments |
- | infrastructure | &pmperty | 124,051 | 156,129 |
| Fixed interest Cash |
169,715 ~22 32 |
138,819 ~0 4II2 |
|||
| Total investments | 947460 | I 073 864 | |||
| 9. CASH AT BANK |
|||||
| 31May 2023 | 31May 2022 | ||||
| Investment account |
4,556 | 5,335 | |||
| Deposit account | 2 | ||||
| Current account | 34,749 | 38,880 | |||
| 39,307 | 44,217 | ||||
| 10. CRKDITORS falling |
due in under | one year | |||
| 31May 2023 | 31May 2022 | ||||
| Accrued expenses Qrfnting) | 180 | 220 | |||
| 180 | 220 | ||||
| 11. RKCONCILIATION |
OF CHARITY FUNDS | ||||
| Endowment | Unnettricted | Total | |||
| Funds | Funds | Funds | |||
| Investments | 779,527 | 167,940 | 947,468 | ||
| Cash atbank | 39,307 | 39,307 | |||
| r ese ecc752ed eepeeeec | (180) | (1803 | |||
| Total charitable funds | 779927 | 207067 | 906504 |
| ased en Yeomanry-titled Units and Sub-unit |
s in the Army ORBAT —July 2017 |
|---|---|
| Former Title | Successor Unit |
| Ayrshire (Karl of Carrick's Own) | A (Ayrshire (Earl of Carrick's Own) Yeomanry) |
| Yeomanry | Squadron, Scottish and North Irish Yeomanry RAC |
| Bedfordshire Yeomanry |
No successor unit (suspended animation) |
| Berkshire Yeomanry | 94(Berkshire Yeomanry) Signal Squadron, 39~ |
| Signal Regiment (The Skinners) | |
| Royal Buckinghamshire Hussars |
710(Royal Buckinghamshire Hussars) Op Hygiene Squadron, 165Port tk Maritime Regiment RLC |
| Cheshire Yeomanry (Earl ofChester's) |
C (Cheshire Yeomanry (Earl ofChester's)) Squadron, The Queens Own Yeomanry RAC |
| Denbighshire Yeomanry Hussars |
398(Flint k Denbigshire Yeomanry) Transport Squadron, 157(Welsh) Regiment RLC |
| Derbyshire Yeomanry |
E(Leicestershire and Derbyshire Yeomanry (Prince Albert's Own)) Squadron, The Royal Yeomanry |
| RAC | |
| Royal 1"Devon Yeomanry | D (Royal Devon Yeomanry) Squadron, The Royal Wessex Yeomanry RAC |
| Royal North Devon Hussars | D (Royal Devon Yeomanry) Squadron, The Royal |
| Wessex Yeomanry RAC | |
| Queen's Own Dorset Yeomanry |
A (Dorset Yeomanry) Squadron, The Royal Wessex |
| Yeomanry RAC | |
| Essex Yeomanry | 36(Essex Yeomanry) Signal Squadron, 71"(City of |
| London) Yeomanry Signal Regiment |
|
| Fife and Forfar Yeomanry | C (Fife and Forfar Yeomanry/Scottish Horse) |
| Squadron, Scottish and North Irish Yeomanry RAC |
|
| First Aid Nursing Yeomanry |
First Aid Nursing Yeomanry (The Princess Royal's |
| Volunteer Carps) |
|
| Queen's Own Royal Glasgow |
No successor unit |
| Yeomanry |
| Former Title | Former Title | Former Title | Successor Unit | Successor Unit | ||
|---|---|---|---|---|---|---|
| City ofLondon Yeomanry | 68 (Inns ofCourt &City Yeomanry) Signal Squadron, 71"(City ofLondon) Yeomanry Signal |
|||||
| Regiment | ||||||
| The Band (Inns ofCourt and City Yeomanry), | The | |||||
| Royal Yeomanry RAC | ||||||
| 3rd County ofLondon | Yeomanry | C (Kent and Sharpshooters Yeomanry) Squadron, The Royal Yeomanry RAG |
||||
| 265 (Kent and County ofLondon Yeomanry (Sharpshooters)) Support Squadron, 71"(City |
of | |||||
| London) Yeomanry Signal Regiment |
||||||
| Lothians and Border |
Horse | E(Lothians & Border Yeomanry) Squadron, |
||||
| Scottish and North Irish Yeomanry RAC | ||||||
| Lovat Scouts | No successor unit | |||||
| Middlesex Hussars Cambridge's Own) |
(Duke of (1"County of |
31(Middlesex Yeomanry &Princess Louise's Kensington) Signal Squadron, 71a (City ofLondon) |
||||
| London Yeomanry) | Yeomanry Signal Regiment |
|||||
| Montgomeryshire | Yeomanry | No successor unit | ||||
| King's Own Royal | Norfolk | Yeomanry | 677 (Suffolk &Norfolk Yeomanry) Squadron, |
6 | ||
| Regiment AAC |
||||||
| Northumherland Hussars |
D (Northumberland Hussars) Squadron, The |
|||||
| Queen's Own Yeomanry RAC | ||||||
| Northamptonshire | Yeomanry | No successor unit | ||||
| South Nottinghamshire | Hussars | No successor unit | ||||
| Queen's Own Oxfordshire |
Hussars | 142(Queen's Own Oxfordshire Hussars) Vehicle |
||||
| Squadrnn, 16SPnrt Jk Maritime Regiment RI.C |
||||||
| Pembroke (Castlemartin) | Yeomanry | 224 (Pembroke Yeomanry) Transport Squadron, |
||||
| 157(Welsh) Regiment RLC | ||||||
| Scottish Horse | C (Fife and Forfar Yeomanry/Scottish Horse) |
|||||
| Squadron, Scottish and North Irish Yeomanry |
RAC | |||||
| Sherwood Rangers | Yeomanry | A(Sherwood Rangers Yeomanry) Squadron, |
The | |||
| Royal Yeomanry RAC |
||||||
| Shropshire Yeomanry |
D (Shropshire Yeomanry) Squadron, The Royal |
|||||
| Yeomanry RAC |
| Report | and | Accounts 2023 | |||
|---|---|---|---|---|---|
| Former Title | Successor Unit | ||||
| Somerset Yeomanry | 255 (Somerset Yeomanry) Tactical Air Control Party Battery RA, National Reserve HQ RA |
||||
| North Somerset Yeomanry | 93(North Somerset Yeomanry) Support Squadron, |
||||
| 39+ Signal Regiment (The Skinners) |
|||||
| Staffordshire Yeomanry Royal Regt) |
(Queen's | Own | B(Staffordshire, Warwickshire, and Worcestershire Yeomanry) Squadron, The Royal Yeomanry RAC |
||
| Duke of York's Own Loyal Suffolk | 677(Suffolk and Norfolk Yeomanry) Squadron, |
6 | |||
| Hussara | Regiment AAC |
||||
| Surrey Yeomanry (Queen Mary' s Regiment) |
2 (Surrey Yeomanry) Troop, 579Field Squadron, 101(City ot'London) Engineer Regiment (EOD) |
||||
| Sussex Yeomanry | 1(Sussex Yeomanry) Troop, 579Field Squadron, 101(City ofLondon) Engineer Regiment (EOD) |
||||
| Warwickshire Yeontanry |
B(Staffordshire, Warwickshire, and Worcestershire Yeomanry) Squadron, The Royal Yeomanry RAC |
||||
| 54 (Queen's Own Warwickshire and Worcestershire) Support Squadron, 37"Signal |
|||||
| Regiment | |||||
| Welsh Horse | No successor unit | ||||
| Westminster Dragoons (2"s |
County of | Ck S(Westminster Dragoons) Squadron, The |
|||
| London Yeomanry) | Royal Yeomanry RAC | ||||
| Westmorland and |
No successor unit | ||||
| Cumberland Yeomanry |
|||||
| Royal Wiltshire Yeomanry (Prince of | B(Royal Wiltshire Yeomanry (Prince of Wales' |
s | |||
| Wales's Own) | Own )) Squadron, The Royal Wessex Yeomanry |
||||
| RAC | |||||
| Queen's Own Worcestershire |
Hussars | B(Staffordshire, Warwickshire, and Worcestershire |
|||
| Yeomanry) Squadron, The Royal Yeomanry RAC |
|||||
| 54 (Queen's Own Warwickshire and Worcestershire) Support Squadron, 37" Signal |
|||||
| Regiment | |||||
| Yorkshire Hussars (Alexandra, | A (Yorkshire Yeomanry) Squadron, The Queen' s |
||||
| Princess ofWales' Own) | Own Yeomanry RAC | ||||
| Queen's Own Yorkshire |
Dragoons | A (Yorkshire Yeomanry) Squadron, The Queen' s |
|||
| Own Yeomanry RAC |