## **RADC Association** 

## **Report of The Trustees for Year Ended 31 March 2024** 

The Trustees have pleasure in presenting their report together with the financial statement and Independent Examiner’s Report for the year ending 31 March 2024 

The RADC Association is constituted under the governing document (Declaration of Trust) 

detailed with The Charities Commission. 

Objects of the RADC. Association: 

Objects of the fund which are for public benefit are: 

1. To promote the efficiency of the Army by: 

- i. Maintaining contact between past and present members of the Army Dental Service (ADS), fostering mutual friendship between them and providing for social gatherings for them; and 

- ii. Fostering Esprit de Corps, comradeship and the welfare of the ADS and preserving its traditions and history. 

- iii. To relieve, either generally or individually, members of the association or or past or present members of the ADS and their dependants who are in conditions or positions of need, hardship or distress. 

- iv. To generate sufficient income and capital growth to enable the Association to carry out its objects consistently with due and proper consideration for the future. 

2. Achievements and Performance: 

All objects of the Association have been fulfilled over the reporting period with the following being of note: 

- i. Numerous social events have been delivered and enjoyed by members. 

- ii. Formal Remembrance events. Both nationally and locally have been both supported and delivered enabling centralisation of membership. 

- iii. Communication: The regular RADC Corps publication, (The RADC Bulletin) has been published and delivered to full readership.  The RADC Website has been maintained and updated throughout reporting period. 

- iv. Full RADC membership of the Army Medical Services Sports Union has been delivered allowing representation and participation in competitive and recreational sporting activity for all serving members. 

- v. Benevolence:  All applications for welfare and benevolence have been scrutinised by trustees and those found deserving were fulfilled whether in part, or in full, applications being received from ageing veterans to serving personnel. 

- vi. Control of spending without compromise of objects has been exercised by trustees over the reporting period. 

Signed on Original. 

Lisa Grannells Regimental Secretary RADC 

15 Jan 2024 



**THE RADC ASSOCIATION FUND YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE INFORMATION** 

|**Registered charity no.**|265463|
|---|---|
|**Chair**|Major General Ewan Blythe Carmichael CBE|
|**Trustee**|Colonel Retired Paul George Mannering OStJ|
|**Trustee**|Lisa Marie Grannells|
|**Trustee**|Catherine Elizabeth Boslem|
|**Trustee**|Colonel Retired Katherine Richardson OBE|
|**Trustee**|David Paul Johnston|
|**Trustee**|Colonel Timothy John Davies|
|**Trustee**|Warrant Officer Zoe Louise Beckett|
|**Address**|RHQ RADC|
||Robertson House|
||Slim Road|
||Camberley|
||Surrey|
||GU15 4NP|
|**Independent examiner**|The Independent Services Agency Ltd|
||PO BOX 314|
||Woking|
||Surrey|
||GU24 9FA|
|**Bankers**|The Royal Bank of Scotland Plc|
||Holts Farnborough Branch|
||Lawrie House|
||Victoria Road|
||Farnborough|
||Hampshire GU14 7NR|
|**Investment managers**|Investec Investment Ltd|
||Festival House|
||Jessop Avenue|
||Cheltenham|
||GL50 3SH|



- 1 - 



Roval Arm Dental Cor
Cbxri
Iyumber 265463
Balance Sheet ¥s at 31 March 2024
and
Income and EI
diture Account
For the
ear ended on that date

THE RADC ASSOCIATION FUND
YEAR ENDED 31 MARCH 2024
REFERENCE AI¥D ADMINISTRATIVE INFORMATION
Registered eharity no.
265463
Chair
Major General Ewan Btytt￿ Carmichael CBE
Colonel Rettred Paul GeoTge Ma￿)ering Ostl
Lisa Marie Grdnne115
Catherine Eli7abeth Boslem
Colonel Retired KatheriTr¢ Riclwdson OBE
Trusttt
Trustee
Trustee
Trustee
Trustee
tknvid Paul Johnsto
Colonel Timothy JOFM tTravies
Warrdnt Officerzoe Louise Beckett
Trustee
Trustee
Address
RHQ RADC
Robertson House
Slim Road
Surrey
GU15 4NP
Independent eXaMi￿tr
The Independent Services Agen￿ Ltsl
POBOX 314
Woking
Surrey
GU24 9FA
The Royal Bank of Scotland PIC
Holts Farnk•rough Branch
tAwrie House
Victoria Road
Famborough
Hampshire GU14 7NR
Investment IngDagers
Investec Investment Ltd
Festival House
Jessop Avenue
Cheltenham
GL50 3SH

RADC Assoeiation
Report of The Tn￿ttts for Year End¢d
31 Marcb 2024
The TTUStees hav¢ pleasure in presenting their retM)rt togethtr with the financial stat¢Tnent and Independent
Examiner's Report for the year ending 31 March 2024
The RADC Association is constiNted underthe governing document (Declaration of Trust)
detailed with The Charitie5 CoTDJni&%iOn.
Objects of the RADC. Associatiott:
Objects of the fund which are for wblic I￿errt are:
To promote the efficiency of the Army by:
Maintaining Clmltact betsyeen past and present members of the Arniy DenTa] Service (ADS),
f0s￿rIng mutual friendship betwttn theTn and provtding for social gathering5 for them. and
Fostering Espnt de Corp8 comrad¢ship and the w¢lfare of the ADS and Preserving its traditions
and history.
To relieve. either trenerdlly or itidivith]alty, members of the ￿0¢]￿tion or or p&st or present
embers of tht ADS and their dq)endants who are in conditions or tA)sitions of Deed. hardship or
distress.
To generdte sufficient iDCOTne and capital g￿wth to enable the Association to ca￿Y out its objects
onsi5tently with due and pro￿ consider*ion forthe fijture.
iv.
2. Achi¢v¢ments and PerforniaDce:
All objects of the Association have tr*en fulfil￿ ov¢rthe Teportillg with the following being of note..
Nu￿erouS wial events have t*en d¢livtted and enjoyed by me]nI￿s.
Fortllal RemembT8nce events. Both nationally and l(Kally have sUPPOrted and
delivered enabling centralisation of m¢mbttsbip.
Communication.. The regular RADC Corps publication. (The RADC Bulletin) has been
publtshed and delivered to full readership. The RADC Website been maintained and
Mlated throughout reportillg peri
Full RADC MernE￿h1p of the A￿Y Medical Services Sports Union has be£n delivered
allowiDg representation and participation in competitiv¢ and recreational SP￿l￿g activity for
all serving members.
iv.
Benevolence: All applications for welfare and benevolence have be¢n sctutinised by trust¢¢s
and those found deservtng were fvlfilled whether in parL or in full, 8pplications being
received from ageing v¢terdns to serving Ftrsonnel.
vi.
Colltrol of spending without compTwiise of objects be¢n exercised by tsustees over the
Signed on Original.
Lisa Grannells
Regimental Secretary RADC
15 Jan 2024

IDde
dent E¥amiDer's Re rt to the Trusteu of the RADC Funds
I report on the accounts of the TnL# for th¢ period 31 Matth 2024 as set on the attached
docu[￿ents.
nsiblllts
As the Charity's Tn￿ you &Te re5ponsi7>1¢ forthe preparatiott ofthe ￿Ounts. you t￿)nsId¢rthat the
audit requiremellt of section 43(2) of the Charities Act 1993 (the Act} does NOT appty. It is my
rwnsibilfftty to examine the accounts l￿der section 145 of the Charities Act 2011 (the Att); and to
follow the proc¢dures laid Ik>wn in the G¢neTal Dirttiiotts of the Charity Commissionths under section
145{5)b of the Act and to stste wknther Eqrtiixthmaucrs have wn¢ to my attentio
theJn
Bqsis o
My exajnination was Cary]￿ out in accordance wittL the G¢D¢Tal DIT￿tiOnS given by the Charity
Commissioner5. An examtnwtion tncludts a review of the accounting records kept by the Charity and a
colltparison of the accounts presented with th05c on rttord. It also tncludes consideration of any
unusual items or disclosure5 in the accounL% and secking explatiatioms from you as Trustees concerning
any such matters. The pr(￿edu￿S undertaken do not provide all the evid¢ne¢ that would be required
in an audiL and consequently I do NOT express an audit opinion on the vi¢w giv￿ in the acci>unts.
Inde endenlE¥unyners
In ￿nnectIOn with my exatnÉDation, NO matterhas Come to my attenti
(l) which gives me re&wnable cause to beli¢v¢ that in any rwthe rquirements
~ to ke¢p accounting Tecords tti xecoTdance with the A¢ a￿1
- to prep￿￿ accounts whicb acrDrd with tbe accouDting records and to compty with the accounting
uirements of the Act
have not been ￿e( or
{2) to which, in my ¢)ptnI0￿ attention should be drawn in ffikr to eI￿le a proper underthding of
the accounts to be reach¢
Name. M.F.H.
er
. 15JWY Z02

al Arm DcDtsI Co
Balance Sheet
As at 31 March 2024
2024
2023
A¢¢umulated Funds
General Fund
Balance brought fonwd
Gain(105s) on Investments
Adjustment to Investments
Surplus for the year
886256.47
90,583.73
0.00
16.428.70
£993,268.90
918,586.22
(51,907.70)
48.05
19.529.90
£886,256.47
Investments at Market Value
(note 3)
887.757.07
887,757.07
783.962.65
783,962.65
Current Assets
Cash at bank - deposit account
Cash at bank- current account
- Including I￿g51ment C￿h
Debtors and Prepa)ments (note 4)
78,776.05
20.000.00
14.405.93
546.42
77,597.47
20,000.00
17,351.35
0.00
113.728.40
114,948.82
Current Liydbilities
Creditors (note 5)
General Fund
8,216.57
0.00
12,655.00
8216.57
12,655.00
105511.83
102,293.82
£993,268.90
£886.256.47

al Arni
Dental Co
Incorne and Ex
ear to 31 March 2024
diture Account
For the
2024
2023
Income
Transfer in frorn Closed Accowlt
0.00
Subscriptions
Bank Interest
60.00
317.12
1.034.60
Donations (Note 2)
42.985.15
48,958.88
Investment incom¢ (note 3)
18.132.03
62,151.78
17,158.65
66,494.65
enditsre
Corps Weekend (note 6)
Office Equipment
Donations. gifts and
grants (note 7)
7,627.14
1.530.00
24.330.51
10,101.31
10.078.50
Insurance
890.02
891.77
Investec Management Fees
7,866.76
7.564.40
Blue Book
0.00
Benevolence
2,749.22
1.450.00
Profesional Fees
11,320.00
0.00
Treasurers Fees
1.300.00
1.313.00
Inspection Charges
550.(K)
550.00
Sundries (nofr 8}
1,788.63
786.57
45,723.08
46,964.75
Sur
lus for the
£16,428.70
£19.529.90

al Arni
Dental Co
Notes on Accounts
ear to 31 March 2024
For the
l. Subscri
tiotts
2024
2023
Association Membership
Mess MembeTShRp Subs
60.00
0.00
60.00
2. Donations
Lhys Pay Scheme
()ther Donations
Corps Day Collection
4U,985.15
50U.W
1,500.00
42,985.15
4U.306.32
¥,652.56
0.00
48.958.88
3. Investments
Market
Value at
31.03.24
Income
Year to
31.03.24
Market
Value
31.03.23
Nominal
Value
Cost
Investment B/F
Addktions
Disposals
Invesment Inc
Gainl(Loss)
783.962.65
233,340.29
(220,129.60)
836,191.55
0.00
(321.20)
18.132.03
90.583.73
(51,907.70)
£469,065.IMb £887,757.07 £18,132.03 783,962.65
RBS Deposit Interest Gross
1.034.60
317.12
19.166.63
£17,475.77
The market valu¢ of investments is as Certified by Investec
4. Debtors and
ments
Other debtors . Aramark
546.42
£0.00
546.42
0.00
5. Creditors and accruals
Malta Trip
1Thspection Fee
Bookkeping Fee
RADC Bulletin
DT Dinner Nigbt
Sep Dinner
HQ Mess Dinner
3,800.00
550.00
0.00
3,000.00
2.915.50
1.650.00
739.50
£12,655.00
550.00
1.300.
3.150.00
1.566.57
1,650.00
8.216.57

al Arm
Dental Co
Notes on Accounts
For the
ear to 31 March 2024
Continued
6. Cor
s Weekend - Ex
enditure
Donald Taylor I£cture & Dinner
Mess Events
Other Events
WO'S & Sgts Mess
Total Cost of Corps Weekend
0.00
17,432.89
1.716.23
5,181.39
24,330.51
7,627.14
0.00
7,627.14
7. Donations
rants
Adventure Training
AMSSU
Grant Museum of Millitary Medicine
Corps History
Cdo (A) Study Day and Lunch
DADS Study Day & Mgt Board
Field of Remeberence
HM Mess Annual Dinner
Other Grants & Donations
Presentations
National Memorial Art
Iv￿c Bulletin
Recruiting
Subscriptions
Summer Ball
WO'S Past & Present
Travel
Turning the Pages
Website
Wreaths
75.00
3,000.00
0.00
0.00
0.00
0.00
616.38
0.00
1,023.59
150.00
0.00
4,429.68
loo.00
250.00
0.00
0.00
249.20
0.00
184.65
0.00
3.000.00
0.00
200.00
2229.15
85.00
3,150.00
215.13
0.00
769.72
113.14
284.17
55.00
10,101.31
£10,078.50
8. Sundries
Miscellaneous
IT Expenditure (DPS)
145.39
1.643.24
84.69
701.88
1.788.63
£786.57