2021-04-05-accounts

					Page
Reference and administrative			details ofthe charity,	its trustees and advisers
Trustees' report					2-3
Independent examiner's		report
Statement offtnancial		activities
Balance sheet
Notes to the financial	statements				7-11

		Restricted	Restricted
		funds	funds
	Note	2021	2020
INCOME FROM:
Transfer from The Light Dragoons
Charitable Trust Sale ofLight Dragoons silver		107,938 6,919
Donations and legacies Investments		5,038 7/09	16,232 9,672
TOTAL INCOME		127,204	25,904
EXPENDITURE ON:
Investment management fees Other charitable activities		3,751 14,093	3,319 16,504
TOTAL EXPENDITURE		17,844	19,823
NET INCOME BEFORE INVESTMKNT
GAINS		109460	6,081
Net (losses)/gains on investments		143,720	(76,616)
NET MOVKMKNT IN FUNDS		253,080	(70,535)
RECONCILIATION OF FUNDS
Total funds brought forward		438/42	508,877
TOTAL FUNDS CARRIED FORWARD		691,422	438)342

			AS AT 5	April	2021
				2021			2020
		Note
FIXEDASSETS
Investments					663,832			412,056
					663,832			412,056
CURRENT ASSETS
Cash at bank and in hand			29,315			27,649
			29/15			27,649
CREDITORS: amounts	falhng due	7
within one year			(1,725)			(1/63)
NET CURRENT ASSETS					279590			26,286
NKT ASSETS					691,422			438/42
CHARITY %VNDS
Unredacted funds					691%422			438P42
TOTAL FUNDS					691,422			438@42

Income from d	onations and legacies
		Unrestricted	Unrestricted
		funds	funds
		2021	2020
Donations		5,030	16/32
Total donations	and legacies	5,038	16,232

3.	Investm	ent	income
						Unrestricted	Unrestricted
						funds	funds
						2021	2020
						f,
	Income	from investments		within	the UK	5,580	7/44
	Income Brewin	from investments Dolphin account		outside interest	the UK received	1,724 5	2,085 43
						7/09	9,672
4.	Analysis	ofexpenditure		by type
						Other costs	Other costs
						2021	2020f
	Investment		management	costs		3,751	3/19
	Cost of	raising funds				3,751	3PI9
	Museum TWAM	running and upkeep costs annual payment				4&1"/3 4,390	8,688 7,166
	Regimental		property upkeep costs			4,880
	Governance		costs			650	650
						14,093	16,504
						17,844	19,823
	Governance		costs above	comprise:
						2021	2020
	Accountancy		fees			650	650

								Listed
								securities
	Market value
	At 6 April 2020							412,056
	Additions Disposals (net off2,332 Net realised gains/(losses)		realised losses made in the year) on revaluations					180,624 (74,900) 146,052
	At 5 April 2021							663,832
	Historical cost							579/75
	Investments at market value comprise:
							Overseas	2021
	Listed investments					587,475	76/57	663,832
	Materiai investments
							2021	2020
							f
	Artemis Fund Managers Link Fund Solutions Ltd		LFLindsell	Train UK		Equity	48,812	34,507 21,033
							48,812	55,540
7.	Creditors: Amounts	falling due within			one year
							2021	2020
	Accruals						1,725	I/63
8.	Financial instrumeuts
							2021	2020
								f
	Financial assets measured		at fair value	through
	income and expenditure						663,832	412,056

						Balance at
		Brought forward	Income	Expenditure	Gains / (losses)	5April 2021
					f.
Unrestricted	funds	438,342	127,204	(17,844)	143,720	691,422
Statement	offunds	- prior year
		Brought			Gains /	Balance at
		forward At 6April 2019	Income	Expenditure	(losses)	5April 2020
Unrestricted	funds	508,877	2S,904	(19,823)	(76,616)	438,342

Analysis ofnet assets between funds
	Unrestricted	Unrestricted
	funds	funds
	2021	2020
Fixed asset investments	663,832	412,056
Current assets	29,3]5	27,649
Creditors due within one year	(1,725)	(1,363)
	691,422	438442