Serviee Non Public Funds Final Accounts, Managing Trustee's Report, Internal Audit Board Report and Independent Examiner's Report (SORP 2005 Compliant) Inl¢rnal Audit Board Scheme AThy Fonn N1514 (Rev 11109) Unit CHAPS(A) Address Zone 2Z, Second Floor. Blenheirn Buildin& Marlborough Lines. Andover SPI18HT In respect of the RAChD Association Fundlchari Charity Commissio]blRegulaior registered number 259297 For the period from 0110212024 3 iioir2025 0 Managing Trn8teels) during the period: From IFeb24 to 31 Jan 25 Name Revd Michael Parker From to Name From to Name Account Holderfs) dmring the period: From IFeb24 to 14 Jun 24 Name Revd Dr Matthew Coles _ From 14 Jun 24 to 31 Jan 25 Name Revd Am Wallers Z From to Name The Internal Audit Board consists of: President Revd Richard Be Memb¢r Member Member Assembled at Arm , Andover 12 Mydr 25 B Order of CG
txiement of Tr Énmncia l Arlii'itiib.4 AS Alt _I11111121124 Alon+ Prinled: 12111.1121124 c'ii.Ip Ilnr¢slriLted,' tksignaiLth(iPF und5 Rc%triLILd Funits l..ndi)%%mLnt FU1$ Ti)lal fund PrL'i'iÉTrUS Pirithl Total Funds Inf i)min% Resource )tuniar%' InLom¢ ctiviii¢s f(Trr CJcn¢raiin8 Funds nvLstnK'nt IncoEne nLoine R¢s(?urLes Irom haritsbl¢ Aclivities ?16.08" 216.08/ 10. I.00 3?4.33 192.63. 0.00 192.63 15.887.76. U.(KJ 16290.47 I i.(X)6.69, 0.00 O.IK> 0.00 26.894.45 26.138.1111 i>lJl lllciiminx R¢'i)Itr¢i' I l.(K16.611 27.-10.1.16 26.12.41 •enerling Tr und% rtVLts7'nl Manugciiicnt Costs sts i)I'(i¢n¢rdlinB I.-UJs haritablL ALtivili¢ "ov¢rnancc Costs irnnl% &nd D(?natiuns )Ih¢r Cc)sis vlul Rc¥i)Iire% Tr. ¢ndc(I i'l IncvmiNgll)1112Vi112 0.00 0.00 0.00 o.uo 0.00 13.4?4.71 2.619.63 1.577.9n. 13.4?4.71 2.619.63. 15.553.20 18.3 ?5.99 3.27¥.09 10.553.Y5 ).( 13.97.5.30 ¥ 0.00 17.622.24. .1.974 .111 .11.497.q4 -lJ2577 -2.9611.61 o.vii -4.2114..Iit -S.49fj.62 rnn%fer¥ Jfo88 irarS betM'e¢n fim(Ls inlernal IrUters) N¢1 Incomin% re%i)urci'% l>efur -12.4.77 -2.96.61 .i)o 4.294..IX -4.494 62 lain% on rL'b'alualion ol-the .h#rih's IixLbd UsL5 i)rvali%L¥d (iainsnA)55th on VL&rnint aSSLts 0.00 0.00 57?59.41 44.9.1.1.th4 0.00 57.?59.41 55.022.19 49 $26.47 -2.9OX.61 .i)o Reci)neilialion fr"unils roni i)rti iuii% i¢4r l#1 c#rri¢d f(ir*:Ird 211U.YY7.60 2711.924 211 549.IP22.ti .1.16.9_11.24 27.S.1)46.49 o.uu bl 2.11117.¥.1., Date Account Holder Signature Date 12 Managing Trnstee Signaturc
Plon+ Bslanee Sheet- J*DUgry 2025 Page l of2 Printed: 12103n025 114CHD A550cialion CHAPS (Army) January 2025 fl Balart Fixed Assets 0.00 C8piral property 241,987.63 CCLA tnvestsneni 171,167.30 CCLA investmeiii IIDA Bla¢kertl 124.151.36 Embark investsnent 0.00 265,666.21 187.916.09 140,983.40 537.306.29 To¢ Fixed Ats 594.565.70 Current Assets 21,652.92 Current bank account 968.30 CCLA dcw)sii aceoutkt 0.00 Cash 0.00 Ikbtors 22.621.22 Total Cwr¢ntAssets 17.309.410 1.017.43 18.326.84 559.927.51 Total Assets 612.892.54 Liabilities 0.00 Lrediiors 4.71 VAT control 0.00 VAT payable 4.71 0.00 14.71) Totsl Ltabilities (4.71) 559,922.80 Total Assets Minus Liobilities 612.887.83 Total Funds 278.925.20 Total Resthcted Funds 0.00 Total Endown¢nt Funds O.¢)0 Totsl D¢sigthtd Fwids 280,997.60 Accumulated Tradin8 & GPF 275,956.59 0.00 0.00 336.931.24 559.922.80 Totsl Fund$ 612.887.83
Paiton+ Balance Sheet- January 2025 Page2 of2 Printed: 12103ll025 RACHD A550ciation CHAPS (Army) End of lasi ¥aT Funds Analysis tksignaied Fund5 0.00 0.00 Restricted Funds 145,214.94 Benevolent Fund 124.545.73 Ida Blackett Charitable Fund 9,164.53 Royal Arnly Temp¢ran¢e Assor'n 0.00 Association week¢nd 149.246.33 124.545.73 9.164.53 0.00 278.925.20 275.956.59 Endowm¢Trt Fund5 0.00 0.00 Trading and General Purpose Funds 0.00 Trading 5urplu5 0.00 Non Primary Purpose tradin8 surplu$ 38.670.80 General Purpose Fund surplus 0.00 0.00 55.933.64 38.670.80 Trading & GPF surplus 242,326.80 Balan¢¢ at last balance 5hect 55,9.13.64 280,997.60 280,997.60 Arcumulated Tradin8 & GPF 336,931.24 559.922.80 Grand total 612.887.83 Si8naiure ofAIC HoldeTffiund Managtr Date Si8naNre of Managing Trustec Date
P4x¢oD+ Trll BlaD¢e Page l of3 Printed: 1010412025 IL4CHD A85vclxllon CHAPS (Army) Balance daL¢ ¢0 end of January 2025 All nominal ¢odes Without Cosi Centre codes shown AIC Code Name Year hlovement Bloo Capital property CCLA invesunent 0.00 0.00 B300 265.666.21 •" 23,678.58 B301 CCLA investment (Ida Blackettl Ernbark invcstmeni 187,916.09 16.748.79 B303 140.983.40 16,832.04 B500 Debtors o.oo 0.00 B650 Current bank account 17J09.41 4.343.51 B651 CCLA d¢trt)sit acwunt 1.017.43 49.13 B680 0.00 0.00 B700 Creditors 0.00 B750 VAT ¢ontrol 4.71 0.00 B760 VAT payable A¢cumulated GPF 0.00 B900 -280.997.60 -38.670.80 BXOI Opening stock on hattd 0.00 0.00 ROOI Ben¢voleni Fund -142.246.33 2.968.61 R002 Ida Black¢tt C.h4ritable Fwid -124,545.73 0.00 R003 Royal Amry Tcrnperan¢e A550c'n Associ8tion we¢keT -9.164.53 0.00 0.00 RXOI Ebor re8iona] lunch RAChD memori Day NMA Association AGM 2023 RX02 0.00 0.00 RX03 0.00 RX04 ARITC CPD Dinner Night 2023 0.00 612,892.54 -556.958.90 60277.15 43.014.31 55.933.64 17.262.84
P•I¢on+ Trll Bl4n¢e Pge2of3 Prlnted: 1010412025 RACHD A550cia¢ioD CHAPS (Anny) Balance Month Movement GOOI Iknnations re¢eived -216.03Z -52.50 G050 Assoc dinner inc Inot for usel Bank interest 0.00 0.00 G125 -143.50/ -14.44 G126 CCLA d¢slI inirrcst Sub5criptioThs- general Subs- One Day's Pay Scheme As50ciatton w¢¢kend income 49.13. -3.95 G150 -3.846.00 -3.654.00 G151 -11.006.76 -918.74 G222 -1.035.00 / G300 (hher income 0.00 0.00 G460 Unrealiscd 8ain CCLA Unrealised gain CCLA Blackett UThrealis¢d gain Embark Bank ¢hargc5 Invc5tment managcrnent c(Kts NMA Memorial day Inot for uscl Hospitality Association week¢nd ojsts -23,678.58 -11,195.93 CA61 -16,748.79 -7.919.32 G463 -16.832.04 / 4.640.57 G500 0.00 G501 0.00 0.00 G605 0.00 G615 1.243.23 G622 2,104.35 / G623 RegiOtt lunch Costs Journal costs 2.018.23 0.00 G633 7,256.901, 7,256.90 G634 Jnl Suppl costs [th) not usel Publicity Websi ¢05ts -7.251.90 580.00 G642 222.00 / 0.00 0.00 G750 Postsge Stsiioncry Insuran¢¢ 0.00 G751 17.99 /- 0.00 G752 601.647 G753 Tn¢¢¢5 expenses Honorarium {A$9)¢ Secrethryl PrortY valuation costs GThnts- gettcral Grants- UK chariiies 0.00 G754 2,000.00 / G756 0.00 G770 1,000.00. 130.70 0.00 G773 0.00 G775 Welfarelb¢nevolent paymcnts Presenthtions 0.00 G776 447.20 / 52.00 G960 Unrealised lo&s CCLA 0.00 G961 UnrLYlised loss CCLA Blackett Unrealised loss Embark 0.00 G963 0.00 TXOI Associ£tion reunion InMe TX02 Memorial dedi10 income 0.00
PaOll+ Trial Balanee P•ge3of3 Printed: 1010412025 RACHD A&qociatjOD CHAPS {Army) alan TX03 Profit on Sdle of property Other incorne 0.00 0.00 TX04 0.00 0.00 TX05 Property r¢pairs NMA mdintcnance 0.00 0.00 TX06 TX07 Audit f¢¢$ TXO8 Debtor wvi¢e-off 0.00 TX09 Stock writeff 0.00 TXIO RAChD Ceni¢n8ry Feb ¢v¢n¢ Opening ¢rnding s¢ork Trading stock pureh&salteturn Closing ifdding sales Write-offs 0.00 TXII 0.00 TX12 TX13 TX14 TX15 Disposals at ¢os( Trading expertses TX16 TX17 Stock 5a1¢5 TX18 Sales discounts given Pur¢h85¢ dixounts taken rx19 TX21 GiftAid 0.00 TX22 Insurdnce contribution TX23 Ass0¢ia¢ion dinner ¢05ts 0.00 TX24 Memorial dedication costs 0.00 0.00 TX26 Bcncvolcnt Ilowcrs 0.00 TX27 Funeral donation5 0.00 0.00 17,622.24 -73.555.88 7,308. -35,651.35 -55.933.64 -28,342.45 0.00
Paxton+ IDeome and Expenditure- Detalled - J•nuiry 2025 Page l orio Printed: 1210312025 RACHD knociation CHAPS (Arniy) January 2025 Turnover this month GPFAnaiysiS Income Voluntary Inwme GOOI D0TtIOnS rcccived 52.50 216.08 52.50 216.08 Activities for Generating Funds G050 .4ssoc dinner inc Inot for usel 0.00 0.00 Invesent Income Gl 25 Bank interesi G126 CCLA d¢posi¢ int¢re5¢ 14.44 3.95 143.50 49.13 18.39 192.63 In¢omc Re50UTces from Charitsble Artiviti Tradin8 Income GI 50 Subscriptiofts- gencrnl 151 Subs- One Day's Pay S¢heme G222 Association weekend 0.00 3.654.00 918.74 0.00 0.00 3,846.00 11.006.76 1.035.00 4.572.74 15.887.76 Other Income Non Primary PuTwyse Tradin8 In¢ome fj300 Other income 0.00 0.00 0.00 0.00 0.00 Itrtcrnal Transfers In G400 GPF tran5fer5 in G&in5 on Revalu*ion of Fixed Assets 0.00 Utw¢aii5ed Gains on JnvestmentAssets G460 Unrealised gain CCLA G461 Unrealised gain CCLA Bla¢k¢tt G463 Unrealised gain Embgrk 1.195.93 7.919.32 4.640.57 23.678.58 16.748.79 16,832.04 ?3,755.82 57.259.41 GPF Totsl Income 28,399.45 73.555.88
Pa0+ Income aDd Expenditure- Detailed- Jgnuary 2025 P8g¢ 2 of 10 PriDted: 1210312025 RACHD Associitiott CHAPS (Army) rnov Expenditure Investmeni Management Costs G500 Bank ¢h8rges G501 Investment management Costs 0.00 0.00 0.00 0.00 Costs of Gcnerning Funds Charithble Activities Tradtllg costs G605 NMA M¢mor1 day [rtot for G615 Hosptthlity G622 A550ciation weEkend ¢osts G623 Regional lun¢h costs G633 Journal costs G634 Jnl Suppl costs Ido not use] G641 Publicity G642 Webslte costs 0.00 0.00 0.00 1.243.2 2.104.35 / 2,018.23 / 7,256.90 / 0.00 580.00- 222.00 0.00 0.00 0.00 7,256.90 -7.251.90 0.00 5.00 13,424.710 Governance Costs G750 Postsgt G751 Siationcry G752 Insurance G753 Tntstees exp¢nses G754 Honorarium {Assoc'n Se¢reraryl G756 Property vUatIOEj costs 0.00 0.00 601.64 0.00 2.¢100.00." 0.00 0.00 0.00 0.00 0.00 1619.63 ./ Grants and DOnlOnS G770 Gmts- genernl G773 Grants- UK ¢haritte5 G775 Welfarethenevolent paynents G776 Presentations 0.00 0.00 0.00 52.00 1,000.00, 130.70 447.20. 52.00 1,577.90 Other Costs Non PriTnsry Trading Costs 0.00 0.00 Internal Transfers Out G900 GPF transfers Dirt 0.00 Unr¢aliscd Losses on Inve5tm¢t)ts G950 Unrcalis¢d loss CCLA 0.00 0.00
Plon+ Income Expellditure- Detailed- January 2025 Page3 of 10 Prlnted: 1210312025 RACHD Asso¢l8tloD CHAPS (Anny) G951 Ut)rlS¢d loss CCLA B1kett G953 Unr¢alts¢d Ios5 Embark 0.00 0.00 0.00 GPF Total Expcnditure 57.00 17,622.24 GPF Income Over Expenditure 28.342.45 55,933.64
P8XtoD+ Income and Expendi¢ure- De14ll¢d- J*DUary 2025 Page 4 orio Prlnted: 1210312025 IL4CHD knocl4tloD CHAPS {Army) ver thi5 inotkth TradingAccount Analysis Trading Expenditure Trdding Incorne Inme Over Expendiwre 0.00 Non Primary Purw>se Trading Analysis Trnding EXPlture Trddin8 In¢ome Inwmc Over Expenditure 0.00 0.00
Pai¢on+ In¢ome Eipendlture- Detglled- JanuAry 2025 Page 5 or io Printed: 1210312025 RACHD A&8oclation CHAPS (Army) mon R¢stricd FdS Anatysis In¢ome Volunwy Inwme ROOI Benevolent Fund R002 Ida Bla¢kert Ch#ritable Fund R003 Royal Anny Tcmperance Asso¢ R004 Ass0¢i]0 wcckend 0.00 0.00 0.00 0.00 0.00 Aciiviiies for Generoiing Fund5 ROOI Benevolent Fund R002 Ida Blackett Charitable Fund R003 Royal Arniy TemperanccAw¢'D R004 A$50ciation weekend 0.00 0.00 0.00 0.00 0.00 Investhjent income ROOI Benevolent Fund R002 Ida Blackett Chari¢ablc Fund R003 Royal Amy Temperance Assoc'n R004 A&80¢iaiion weekend 0.00 0.00 0.00 0.00 0.00 Incorne Resourees trom Charitsble Activtti ROOI Bertevolenr Fund R002 Ida Blackett Charitable Fund R003 Royd Arnty TeMrance Assoc R004 A&8ociion weekend 918.73 0.00 0.00 0.00 11.006.69 0.00 0.00 918.73 Other ITKomin8 R¢sour¢es 11.006.69 • ROOI Benevolcnt Fund R002 Ida Blackett Chwitsble Fwid R003 Royal Anny Temperdnce Assoclj RINM Aswciation weekend 0.00 0.00 0.00 0.00 0.00 0.00 Total In¢ome cxcfuding tr#n5fer5 918.73 I1.1)06.69
P8iton+ Income and Expenditure- Detailed- J•nuary 2025 P*ge 6 of 10 Printed: 1210312025 RACHD Asso¢latloD CHAPS (Army) Tun]ovcr thi onth Expenditure Investment Marw8emeni Costs ROOI Benevolent Fund R002 Ida Blackett Charitable Fwid R003 Royal Arn]y Temperance Asgoe K004 AsWiatton w¢¢k¢nd 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Costs of Generatin8 Funds ROOI Bencvolent Fund R002 Ida Blackett Charitable Fund R003 Royaj Anny Temperdnce Asso¢'n R004 Association weekend 0.00 0.00 0.00 0.00 0.00 Charithble Activities ROOI Bcnevolcnt Fund Rl)02 Ida Blackett Charitable Fund R003 Royal Amiy Tetnp¢ranre Asso¢'n R004 Associaiion weekend 0.00 0.00 0.00 0.00 Gov¢rnan¢¢ Costs ROOI Bcntvolent Fund R002 Ida Blackett Charitable Fwjd R003 Royal AThy Temperance Assoc, R004 Associ#iion weekend 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Grants and lknnations ROOI Benevoletji Fund R002 Ida Blackett Chwitablc Fund R003 Royal Anny Temperance Assoc'n R004 Associaiion weekcnd 200.00 0.00 0.00 0.00 13.975.30 200.00 13.975.30 Other Costs ROOI Benevolent Fund R002 Ida Blackett Charitsble Fwid R003 Roy¥41 Amy Temperan¢e Ath)r R004 Association weekend 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tothl Expenditure cxcluding transfers 200.00 13.975.30 Internal Transfers ROOI Benevolent Fund R002 Ida Blackett Charitable Fund R003 Royal Arn)y Temperan¢c Assoc'n R004 Association weekend 0.00 0.00 0.00 R¢stri¢ted ndS Income Over Exp¢Trdilure 718.73 -2.968.61
P*xloD+ Income EIpenditure- Detailed- January 2025 Page 7 orio Prlnted: 1210312025 RACHD As80¢i•tion CHAPS (Arniy) Desi8Dated Funds Analysi5 Income Volunrary Income ActLVlti¢s for Gen¢rdting Fund5 Investsnent Inrne ID¢ome Resow¢¢s from Charitable Acriviti Other Incoming Resources Tothi Inc(Trrnc excludift8 trattsfers
PAxtoll+ lll¢ome And Expendl¢ure- De¢aSl¢d- Jnu#ry 2025 Page 8 of 10 Printed: 1210312025 RACHD Asso¢ltlOD CHAPS (Anlly) Exp¢ndill]r¢ Inve5tsnent Managemeni Cosrs 0.00 Costs of Generating Funds 0.00 Charitable Activiti¢s Governance Costs 0.00 Grants and t)onations 0.00 Other Costs Total Expenditure excluding transfer5 0.00 Intemal TTan5fer5 0.00 Designated fi]nds Income Over Expenditur 0.00
Pa0+ In£ome and Exp¢nditure- Det4lled- 2025 Page 9 of 10 Printed: 12103n025 RACHD Assoei81io CHAPS {Army) ver Endowment Funds Analysis Income Voluntsry Income 0.00 Activities for Generating FS 0.00 Investment Income 0.00 Itkcom¢ Resow¢es from Chari¢able Ac¢ivi¢t 0.00 Other Incoming R¢s0S 0.00 TO1 kncome excludin8 transfers
P4iton+ ID¢ome And Expenditure- De¢all- 2025 Page 10 of 10 Printed: 1210312025 RACHD A&goci4tion CHAPS {Army) Expenditure Investment Managemeni Costs Costs of Generating Fun(ts Charitable A¢¢iviti¢s Governance Costs Grants and Donations Other Costs 0.00 Totsl Expenditure excluding transfers 0.00 0.00 Intern Trafer5 0.00 EndoThinent fimds In¢ome Over ExpendiDJi 0.00
Notes to the Accounts (Paras 2 to 12 are to b¢ eompleted by all fuDd$ which have Vd gr05s income of £IOOK or over and tbose funds already registered with the Charity Regul*tor. all other funds Ydre to ¢omplete Paras 6 aDd 7 and the deelarntions at Para 12): Princi Accountin Polici¢s Accountin 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 accowiting Standards. In preparing the financia] statements the charity follows best praclice as set out in th¢ Stsi¢ment of Recommended Practice 'Accounting and Reporting by Charities. (SORP) 2005 htt :Ilwww.chari commission. ov.uk/investi atRonslso so 05docs.as Incomin Resources. Income is recognis¢d in th¢ pcriod in which the charity is entitled to receipl, 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 recogni5ed where this is an agreed and explicit condition of the grant or donor. Intan ible Income. Due to the close collab)rative relationship and the manner in which the charity's activiti¢s compliment those of the Arniy. intangible income, r¢flected in time and use of premises is not quantiflable or me&8urabl¢ and so is not Tecognised in the accounts. R¢sources Ex nded and Basis of Allocation of Costs. Expenditure is included when incurred or exceptionally where a commitment is made which requires an aceTr1 when payment is to be made in the subsequent accounting period. Similarly. wh¢re prepayments are made in recognition of commitments falling due in a subsequent accounting period, the appropriate credit is entered in tbe accounts and reversed the following year. Grants payable are included in the SOFA when approved by the Managing Trustee. Expenditure is recognised in the Fwiod in which it is incurred. The majority ofcosts are directly attributable to specific activities. Irrecov¢rable VAT is charged to the activity for which At was incurred. Governance Costs. Governance costs are the costs of professional advice, holding trustee meetings or commiltee meetings associated with decision making, any fee for audit or ind¢p¢nd¢nt examination and any fee incurred in the preparation, statutory filing, printing or copying of the annual reFM)rt and accounts. italisation and De reciation of Tan ible Fixed Assels. All &ssets having a purchase value of more than £500 are capithlised. The cost of tangible fixed assets are written off by equal annual instalments over their expected useful lives using the following methods of d¢pT¢ciation: Furniture, fixtures and equipment Motor vehicles Straight Line over a period of 2 - 10 years. Straight Line over a period of 2 - 10 years. Assets with a life of more than one y¢ar 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 15 not depreciated over the use1 life of the asset. Ivhere the asset is depreciated over a period of more than l O years, details of the item and period are to be provided following the notes on page 14. Fixed Asset Investments. Fixed asset investments are includd at market value at the balance sheet date. Any gain or loss on revaluation is shown in the Statement of Financial Activities (SOFA).
Stocks. Purchased stocks are valued at the lower cost or net realisable value making due allowance for any obsolete or slow-moving items. Funds Accountin Funds held by the charity are: (i) General P selUnrestri¢t¢d /Desi nated Funds. These are funds that can be used in accordance with the charitable objects ai the discreiion of the Managing Trustee. Designated funds are unrestricted funds which have been allocatedleannarked for a particular purpose by the Managing Trustee and are to be declared in the Managing Trustees comments in accordance with Para 12 to these notes stating what they are intended to be used for and when. (2) Endowment Funds. Endowmeni funds are those investments and other gifts acceptd by the unit, the capital sum or prop¢rty being held in p¢rpetuity and thc income only being available for charitable use. (3) Restrict¢d Funds. These are funds that can only be used for particular restricted purposes within the objects of the charily. Restrictions arise when specified by the donor or when fiLnds are raised for particular restricted puryjoses. Further explanalion of the nature and purpose of each fid is to be includ¢d in the notes lo th¢ accounts. Herita e Assets. In the course of the unit's history, the charity may have acquired gifts, memorabili4 r¢gali4 silven¥are, antiques and other historical artefacts in the course of distinguished military service in service of th¢ Crown. The value of these pieces is in large part derived from their close &ssociation 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 pteces represent an ess¢ntial elemenl of celebrating the unit's history and foster esprit-de-corps. Consequently, the Managing Tntee considers th¢ charity to hold heritage &ssets both for funclional use and as an element of national history on behalf of the nation. Heritage assets acquired prior to l Apr 06 are th¢refore nol capitalised on the balance sheet bul a description of those assets Ès disc105ed as part of the notcs to the CoUnt5. Herilagc &5sets aCqUid after l Apr 06, where the purchase price is known, and which exc¢ed £500.00 are included in th¢ balance sheet at acquisition value but are not depreciated. 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 fifftheran¢e of military efficiency. They are also costs incurred in the making of grants and donations, in th¢ costs of generating funds, i.e. the costs incutred in trading or fundraising undertaken by the charity, or in governance costs.
Grants Made. (if totsl grants are over 50/0 of the charity's total expenditure). The Charllty made the following grantsldonations: Grants to institutions Name of institutions Purpose Total number of ants ven Total amount of ants Sheldon Ltd Accommodation and mca15 for 'Leaving Well. ilot ro Field of Remembrance 2024 £1,000.00 RBL Poppy Appeal £130.70 Totsl ants to institutions £1,130.70 GTants to individuals Purpose Total number of iven l otal amount of ts aid £13.975.30 Asa roved b the Trustees £13,975.30 Related Part Transactions & Remuneration and Ex nses Whilst the charity has a close working relationship with the Arnly, there are no transactions with the Arniy whi¢h require di8closure under SORP 2005. The only transactions made by the charity in favour of the unit are wholly attributsble to the charitable activities of fillihering military eicIency. The Managing Trustee is an oificer or equivalent and fulfils the role as trustee in &cordance with the applicable laws and regulations. No expenses hav¢ been paid to the trustee. In the event thai expenses have been paid to the trust¢¢ these are disclosed under the Managing Trustee's comments. sts of Ca itsl Pro Fixtures, rittings & equipment Motor vehicles Total Balance blf Purchases Sales & W/Os reciation Balance c/f 0.00 0.00
Total Value of Investments b Cate Value £ 537.306.29 0.00 0.00 57,259.41 in value market value atbe innin Add additions to investments al cost investments I,ess dis sals at c in value investments sold Addl(d¢duct) net gainl(loss) on revaluation (gaitdlos5 at end of accountin riodlaudit in value market value ear urch&sed at end of 594 565.70 Breakdown of Market Values at Year End GPF/ Unrestricted Value £ Restricted EndowTnent Totsl value Value £ 0.00 Income durin ear Value £ Value £ Valu¢ £ Investment properties Investments listed on a recognised stock exchan Je Investments held in unit trusts or other collective investment schemes Investments in subsidiary or connected undertakin s and com anies Securities not listed on a recognised Stock Exchan Cash held as part of the investment rtfolio Other investments 0.00 318,609.11 275,956.59 0.00 594,565.7 0.00 Total 258380.99 275,956.59 594,565.7 List of Debtors Debtor Date of Debt Amount None Total • There ar¢ no amounts falling due after more than one year (delete &s appropriate). Ltst of Creditor5 Credilor Date of Credit Amount None Total * There are no amounts falling due after more than one year (delete &s appropriate). 0.00
Paid Em This ear£ Last ear£ Gross wa es er's National Insurance Pension Contributions Total staff costs 0.00 Give the numb¢T of employees who w¢re engaged in ¢ach of the followin activities: ear Costs of eneratin Charitsble activities Other funds Totsl 0.00 0.00 No individual anployee received a salary of over £600(K).00 Governance Costs Last ear£ 0.00 Audit or inde ndent examination fee 0.00 io. Restrictedndowrnent Funds Give details of the movements of the individual funds summarised in the restricted and endowment column of the Statements of Financial Aclivities (SOFA). Fund Name Fuod B81 BIF Irlroming Re50urce5 ror Outgoing Resource5 for Trfer5 Gains and Fund Baj C/F Benevolent Fund 145,214.94 2,968.6 0.00 0.00 142.246.33 Ida Blackett Charitable fund 124,545.73 0.00 0.00 0.00 124,545.73 Royal Arn]y Temperance Association 9,164.53 0.00 0.00 9.164.53
A brief explanation &s to the nature and purpose of the charity's Restricted Funds is to be provided. Name of Restricted Fund Benevoleni Fund Ida Ejlackett Charitable fund se of fund Provision of welfar¢ to both servin and retired members of the L4ChD Originally sel up to fund the equippingv of Anglican Garrison churches in Aldershot and extended to include Anglican Garrison churches in Gernwiy. There are restrictions on this account relating lo furnishing Garrison churches and helping Arn]y Chaplains in necessitous circumstance5. Origknally established to advice 'the temperance among soldier5 '0f the lower orders,. Restrictions have been changed with Charities Commission perniission to make the objeclives in line with the Associalion fund. Agreed ai Truslees mecling in April 2023 that this fund should b¢ used for an Adventurous Trainin ants. Royal Anny Temperance A550ciation Heri e Assets. Heritage assets that are owned by the charity but purchase(Vacquired prior to l Apr 06 are nol included in the charity's capital pioperty value (see note l.j). A lisVdescription of these assets is below: Furniture, ictwes silverware. miscellaneous items, as list. 12. Declarations All of the charity's commitments are provided for in the accounts. No guardntees have been given lo third parties. The charity has not received any loans that are outstanding at the year-end and secured on &ssets. The charity has not granted any loans lo institutions or companies connected with the charity. The charity did not make any ex-gratia payments during the year. Sufficient Te50urces are held in an appropriate fonn to enable each fund to be applied in accordance with the restrictions imposed. The financial aclivitie& aSts and liabillties of all th¢ charity's branches or sections have been included. The tntee$ have not changed the year end date or the length of the charity's financial year.
Th¢ charity has no designated funds (if thwe 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 report). All the charity's operations are continuing operations and there were no operations discontinu¢d or acquired during the year. No funds (unrestricted. designated. r¢stri¢ted or endowment) are in deficit at the balance sheet date. Th¢ charity has no intangible assds. There were no int¢r-fLmd 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 thcse assets. The charity has no subsidiary companies. The charity has no material fixed &ssets which have not been capitalised and included in the balanc¢ sheet. ) internal transfers have occurred out of restrictdlendowment nds. In the event thal a transfer has taken place, fiill details of the reason for the transfer are disclosed in the Managing Trustee's comments. All investments held ar¢ 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 Trustees comm¢nts. A4ditional comments.. Signa Revd Amy Walters Name Date: Account Holder
Mvdn&ging Trustee's Annual Report and Comments: Unit CHAPS(A) Ad(fress Zone 2Z, Second Floor, Blenheim Buildin& Marlborough Lirte& Aftdov SPI18HT Charity name and Charity Con]missionlRegulator registered number. RAChD Association. 259297 Description of the charity's trusts This should include". Details, including date if knolvn of the charity's governing document (e.g. trust deed will, constitution etc). and A brief explanation of the charity's objects. Where applicable, you may choose to give details of any specific investment FK)wers of the charity. Governing Document (e.g. Trust Dee Constitution Rules as amended on the 14 (ktober 2011 Objects of the Charity The promotion of etyiciency of the Anned Forces of the Cro by the provision and support of facilities and activities for the efficiency and well- bein of service rsonnel. Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended. Trustee selection method Trnstees are selected as per instrnctions contained in the Association Rules dated the 14th October 2011 at para 6. Trustee induction and training Details of trusle¢ selxtion are held in the governing document. In November 2013 the fund tsken over as a Service fund and from this date fiill SPS requirements for the induction of new trustees will be met. 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 tivitieS and achievements of the charity during the year in relation to its objects. Summary of main activilies in relation to the Charity's objects The fund exists to promote the efficiency of the RAChD and, in particular, by maintaining contact between p&sl and present members of the Department whilsl fostering esprit4le-corps and comradeship. In addition, the fund provides relief on either a general or individual basis to Chaplains, fornier Chaplains and their dependants who are in conditions of nee¢ hardship or distress. io
SUMM ofmain achievements of the Charity during the The regional activities of the Associatio in Scotland. Northern Ireland and the south of England look place. along with a residential event at the Arnied Forces Chaplaincy Centre at the Defence Academy in Shrlvenham. at which the Association's AGM was held. Grants have been made by th¢ Association in respect of particular needs of retired as well as serving chaplains. In addition, funds have also been made available to support and develop the chaplains in the regular and reserve service. Provide a brief review of the financial position of the charity. This should include the principal types of income. Financial Review Principal income is derived from investments held and subscriptions from fonner Arniy Chaplains and One Day's Pay Scheme contributions from serving chaplains. -ve Managing Tntee should give in their rerK)rt a description of the followlng policies.. For the selection of investments for the charity. For detennining the level of income reserve5 held. stating and explaining the level of reserves held. Where grants are made by the charity. the selection of individuals and institutions who are to receive grants out of the assets of the charity. Financial reserves lic No financial reserves policy is held wtthin the governing document. Investments selection policy and perfonnance of those investments. Inveslments are held with CCLA and Embark (fornierly Sterling) and are deemed medium risk. The war in Ukraine, Israel and the Middl¢-East have all had an adverse effect on investment perfomwice in many sectors. However. despite thal. the CCLA investhienls have shown a 9.71 increase since the start of the year and the Embark (now Scottish Widows) h&s shown a 13.50/0 incre&s¢ in vaIue. Provide the name of trusteeslthe Managing Trustee(s) during the report year. Managing Trustee's nameltrusfres. names Er Off10 trustees: The Chaplain General - Revd Canon Michael David Parker KHC (Managing Trustee). The Deputy Chaplain General- Revd David Barrett KHC illl 5 Jan 25,. Revd Antony Feltham-white OBE KHC from 6 Jon 25. Elected iru$tee8: Col (ret'd) Tim Purdon" Revd Stephen Alastair Blakey" Revd Canon William Grant Ashton lill 21 Jul 24,. Revd Dr David Hart rill 21 Jul 24,. Revd Dr Jam¢s Francis till 14 Jun 25,. Revd Jeremy Peter Hellier. Mrs Domini Barrett: Revd Richard Gordon Meiklefrom 26 Mar 24.. Revd Timothy Flowersfrom 15 Apr 24,. Revd Simon Rowlandsfrom 15 Apr 24.. Revd Patrick Cablefrom 21 Jul 24,. Ven Canon Stephen John Herbert Dunw(x)d om 14Jan 25. Serious Incidents None
Public Benefit Statement This fund provides public benefit by assisting service personnel to be more effective in the perfomlance of their Toles within the Ann¢d Forces of the Crown. It do¢s this by providing and supporting facilities and social activities. The fund promotes the efficiency of the Arnied Forces of the Crown by enhancing the British Arniy's capability lo undertake the roles demanded of il including the defence of the United Kingdom and its inter¢sts. (I confirm that I have paid due regard to the Charity Commission of England and Wales's guidance on public benefit when deciding what activity the charity should undertake.) Addilional comments (include any declarations which were not corr¢ct (Pg 819)): Signature Name Revd Michael Parker Date: Appointment Cha lain General 12
Intffii Audil Board Report IL4ChD Aswlaiion A¢efjunts Year Ended 31 January 2025 I have ¢xamiMI th¢ books of x¢ou arAI reeords from which the final aC)Unts w¢re prcwcd and vC obtained all the infoTmatiOll anth¢xplanatioThs were necewy for the of my intunal lL I certify that ffld of p1 cknks have been {ndted in aCrdan with Seryice Funds Re8ulthion& . Subi¢¢t to my ob8¢rvalion 5¢¢ ou¢ b¢low l am Satisfi (hal 0per IKx>ks of COunt have been ketrt a] that thè final accounts 8ive a true and fair view of thc results or tranlIOnS ov¢r the period a1 of the stak ofihe F}d'S affairs as at the date of bakn 8heeL l am satisfied that cash aThJ bank tAlaiices and stocks on hand have b¢en protydy I hav¢ signed the original bkS of account a1 thc origind records I have cbecked. All Vouc1r5 rclatin8 to Ihis account period bave been ¢anLYlle(L I have made the followift8 whilst carryin8 the Intern audit: Signature
CHAPS- RAChD ASSOCIATION FUND S02 SPS- Ind•p•ndent Examiner's Report on th• Accounts, and Comments Direction 1: Check whother the charity is eligible to have an independent examination. I've used the guidance summary at Annex C lo Chapter 21 of ACSO 3354 to ensure independent examination by the ComdlS02 SPS is authorised. Dlrection 2: Chock for any conflict of interest that provonts tho examiner from carrying out their indepandent oxamination. I declare that I have not acted as IA or had any other involvement in the day lo day running of a service fund {e.g., in a previous assignmenll within the last Ihree years. Diredion 3: Record your indepondent examlnatlon. A record of associated documents used for this audit is being stored along with the report and accounts. Direction 4: Plan your independenl examination. As the examiner l oblained the relevant constitution. objectives, organisational structure. the funds managed, ils activities and accounting records and systems prior to conducting my examination. Direction 5: Chock that acGountlng records are kept to the to the required standard. As the examiner I satisfied myself that all relevant PAXTON+lAB 397 accounting records and subsidiary books are mainlained and up to date, including an examination of transactions carried within the fund during the fund's last G1 audit. I have checked that the 6-monthly FMruStee internal financial controls thecklist (British Amiy) was completed (see Annex 8 to Chapter 2 of these regulations). Dir0Ction 6: Check that the accounts arn consistent wlth the accountlng rocord. As the IE l examined the final accounts to ascertain if they revealed any unusual items, unexpected fluctuations or inconsistencies. Direction 7: Check that the Charlty Is operated in Ilno with the accrual's basis of accounting. The accounts are prepared on an accrual's basis. and the relevant checks have been made to confirni that the charity accounting complies with the accrual's method of accounting. Wherever deviation may exist, guidance was provided to the MT and are recorded within this report. Direction 8. Chock the reasonabloness of tho significant estlmates and judgments and accounting policles used in accounting for the typos of funds hold and in the preparation of tho accounts. I have Gh8cked: The general accounting policies of the service fund have been agreed with the Charity Commission and are listed in the AF N1514. Any signifi¢anl income expectslions listed in the Managing Trustee s Financial Reviews in previous accounting periods are noted and their continued receipt considered against future planned expenditure where appropriate. I checked that separate funds of th8 charity have been correctly a¢¢ounted for and reported correctly in the accounls. I checked to ensure that no material breach of trust has taken place in the use of Gharitable funds in the reporting period e.g., use of monies in a restricted fund for a purpose outside of th8 restriction.
Dlrectlon 9. Tho oxaminer must check whother tho trustOe8 havè considerod the financial circumstances of tho charity at the end of the roporting period and, rf the accounts aro proparod on an accrual's basis, check whether the trusteos have assessed the charity's position a8 a going concern when approving tho accounts. The IE should consider if the serviGe fund remains viable for future accounting periods. Consider the worth of the service fund over the periods of previous AF N1514s- Consider if the worth of the fund reduced over an extended period. I've considered Ihe worth of the service fund over the periods of previous AF N1514s and assessed rf the worth of the fund reducing over an extended period. Debtors and Creditors have been examined and guidance provided to FM where n6cessary. 10. Dlroctlon 10. Chock the forni and content of thg account. I have.. The service fund accounts and AF N1514 complies with SORP and the minimum accounling stsndard required (SOFA, balance Sheet and completed notes to the accounts). Checked for the correcl completion of the AF N1514. 11. Direction 11. Directlon 11 dlrects independent examlners to Identlfy items fr¢>m the analytical review of th• accounts that need to be followed up for further explanation or evidence. Any follow up action or request for further explanation ¢an be found at paragraph 13 below. 12. Direction 12.1 have compared the trustoes, annual report wlth the Accounts. Comments 13. The IA comments are noted. I have the following comments. som8 of which requires action: a. There has been no movement in majority of the restricted funds. b. There is an excessive balance on the restricted fund. MT to review subscriplions and or grants within the fund. c. Cashflow is tied up in restricted funds. MT to scrutinise. Date: 20 tsLT 2S Independent Examiner's Signature Name.. Maj S Kamble AGqSPS) Appointment.. S02 SPS HQ SE