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|ntents|Page|
|---|---|
|ReferenceandAdministrativeInformation|4|
|ReportoftheTrustees|2-7|
|IndependentAuditor'sReport|8-9|
|StatementofFinancialActivities|10|
|BalanceSheet|11|
|StatementofCashFlows|12|
|NotestotheFinancialStatements|13-21|





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|Solicitors|WilsonsSolicitorsLLP|
|---|---|
||AlexandraHouse,StJohnsStreet|
||Salisbury,Wiltshire,SP12SB|
|InvestmentAdvisers|AlvariumInvestmentAdvisors(UK)Limited|
||10OldBurlingtonStreet,London,W1S3AG|
|InvestmentManagers|BlackRockInvestmentManagement(UK)Limited|
||12ThrogmortonAvenue,London,EC2N2DL|
||TroyAssetManagementLimited|
||33DaviesStreet,London,W1K4BP|





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|2021|TotalFunds|£|||821,076|20,561|260,065|206,099|<br>1,307,801||10,861|1,302,238|<br>1,313,099|(5,298)|1,130,857||<br>1,125,559|11,821,607|<br>12,947,166|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Restricted|£|||472,393||170,550|188,337|<br>831,280||1,896|779,624|<br>781,520|49,760|741,620||<br>791,380|7,855,461|<br>8,646,841|||||
||Unrestricted|£|||348,683|20,561|89,515|17,762|<br>476,521||8,965|522,614|<br>531,579|(55,058)|389,237||<br>334,179|3,966,146|<br>4,300,325|||||
|2022|Note<br>Unrestricted<br>Restricted<br>TotalFunds|£<br>£<br>£|INCOMEFROM||Donationsandlegacies<br>351,045<br>468,560<br>819,605|Othertradingactivities<br>547<br>547|Investments<br>o<br>91,838<br>178,047<br>269,885|Charitableactivities<br>135,340<br>231,218<br>366,558|TOTALINCOME<br> <br>578,770<br>877,825<br>1,456,595|EXPENDITUREON|Raisingfunds<br>40,536<br>4,498<br>45,034|Charitableactivities<br>624,342<br>948,381<br>1,572,723|TOTALEXPENDITURE<br> <br>664,878<br>952,879<br>1,617,757|Operatingsurplus/(deficit)<br>(86,108)<br>(75,054)<br>(161,162)|Netgains/(losses)oninvestmentassets<br>(433,392)<br>(840,271)<br>(1,273,663)|Transferbetweenfunds|NETINCOME/(EXPENDITURE)AND<br>NETMOVEMENTINFUNDS<br> <br>(519,500)<br>(915,325)<br>(1,434,825)|Fundbalancesat1January<br>4,300,325<br>8,646,841<br>12,947,166|FUNDBALANCESAT31DECEMBER<br> <br>3,780,825<br>7,731,516<br>11,512,341|Note13<br>Note12|Allactivitiesintheyeararecontinuing.|TheCharityhadnorecognisedgainsorlossesotherthanthoseincludedintheStatementofFinancialActivities.|Thenotesonpages13to21formpartofthesefinancialstatements.|





||Note|2022|2021||
|---|---|---|---|---|
|||<br>£||<br>£|
|FIXEDASSETS|||||
|TangibleFixedAssets|~|726,308|714,079||
|ListedInvestments||10,769,615|12,035,519||
|||<br>11,495,923|<br>12,749,598|<br>|
|CURRENTASSETS|||||
|StockofGoodsforResale||-|37,309||
|Debtors||153,421|107,119||
|CashatBankandinHand||313,526|604,976||
|||<br>466,947|<br>749,404|<br>|
|CREDITORS:amountsfailingduewithinoneyear|10|(355,733)|(470,389)||
|NETCURRENTASSETS||<br>111,214|<br>279,015|<br>|
|ProvisionforLiabilitiesandCharges|11|(94,796)|(81,447)||
|NETASSETS|<br>|<br> <br>11,512,341|<br> <br>12,947,166|<br> <br>|
|FUNDS|||||
|Unrestricted:|||||
|DesignatedFunds||102,226|102,226||
|GeneralFunds||3,678,599|4,198,099||
||13<br>|<br>3,780,825|<br>4,300,325|<br> ,|
|RestrictedFunds|12|7,731,516|8,646,841||
||<br>|<br>11,512,341<br>|<br>12,947,166<br>|<br> <br>|





## 

||2022|2021|
|---|---|---|
||<br>£|<br>£|
|Operatingactivities|||
|Netincome/(deficit)forthereportingperiod|(1,434,825)|1,125,559|
|Adjustmentsfor:|||
|Depreciationcharges|5,771|8,892|
|(Gain)/Lossondisposaloffixedassets|-|(2,555)|
|Dividendsandinterestfrominvestments|(269,885)|(260,065)|
|(Gains)/Lossesoninvestments|1,273,663|(1,130,857)|
|Decreaseinstockofgoodsforresale|37,309|36,727|
|Decrease/(Increase)indebtors<br>Increase/(Decrease)increditorsandprovisions|(46,302)<br>(101,307)|158,160<br>2,334|
|Netcashusedinoperatingactivities|<br> <br>(535,576)|<br> <br>(61,805)|
|Cashflowsfrominvestingactivities|||
|Interestanddividends|269,885|260,065|
|Accumulatingdividends|(7,759)|(6,127)|
|Cashfrominvestmentincome|<br>262,126|<br>253,938|
|Purchaseoffixedassets|(18,000)|(6,448)|
|Proceedsofdisposaloffixedassets|-|2,555|
|Proceedsfromsaleofinvestments|||
|Netcashprovidedbyinvestingactivities|<br> <br>244,126|<br> <br>250,045|
|Changeincashandcashequivalentsintheyear|(291,450)|188,240|
|Cashandcashequivalentsbroughtforward|604,976|416,736|
|Cashandcashequivalentscarriedforward|<br>313,526<br>|<br>604,976<br>|





## 




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## 

## 

## 

## 

|||||
|---|---|---|---|
|INCOMEFROMDONATIONSANDLEGACIES|2022|2021||
||£||£|
|UnrestrictedFunds||||
|Donations<br>Subscriptions-OneDay'sPay<br>Legacies|37,359<br>313,419<br>267|39,831<br>308,177<br>675|<br>|
||351,045|348,683||
|RestrictedFunds||||
|Donations<br>Subscriptions-OneDay'sPay<br>Subscriptions-RetiredOfficers<br>Legacies|37,357<br>425,793<br>5,143<br>267|39,830<br>418,805<br>8,083<br>5,675|<br> <br> <br>|
||468,560|472,393||
|TotalFunds||||
|Donations<br>Subscriptions-OneDay'sPay<br>Subscriptions-RetiredOfficers<br>Legacies|74,716<br>739,212<br>5,143<br>534|79,661<br>726,982<br>8,083<br>6,350|<br> <br>|
||819,605|821,076||





|THEROYALSIGNALSCHARITY|||
|---|---|---|
|NOTESTOTHEFINANCIALSTATEMENTSFORTHEYEAR|ENDED31DECEMBER2022||
|3.INCOMEFROMINVESTMENTS|2022|2021|
||£|£|
|UnrestrictedFunds|||
|GrossDividends|91,761|89,493|
|InterestonDepositAccounts|77|22|
||91,838|89,515|
|RestrictedFunds|||
|GrossDividends|177,908|170,511|
|InterestonDepositAccounts|139|39|
||178,047|170,550|
|TotalFunds|||
|GrossDividends|269,669|260,004|
|InterestonDepositAccounts|216|61|
||269,885|260,065|
|4.INCOMEFROMCHARITABLEACTIVITIES|2022|2021|
||£|£|
|UnrestrictedFunds|||
|GrantsfromOtherOrganisations|123,360|-|
|RSIEventsandAdvertisements|11,980|15,207|
|RSYCCharterIncome|||
|RSYCProfitonDisposals|-|2,555|
||135,340|17,762|
|Restricted|||
|GrantsfromOtherOrganisations|146,100|87,893|
|DisposalofRedundantCorpsSilverware|240|343|
|RSI!EventsandAdvertisements|76,029|94,097|
|WireMagazinesubscriptions|8,849|6,004|
||231,218|188,337|
|TotalFunds|366,558|206,099|
|5.EXPENDITUREONCHARITABLEACTIVITIES|2022|2021|
||£|£|
|UnrestrictedFunds|||
|GrantsPayableandExpenditure|||
|Sporting|147,239|107,768|
|Sailing|19,045|26,409|
|AdventureTraining|70,975|9,711|
|Messes,HeritageandHistory|125,000|110,024|
|OtherAssistancetotheservingCorps|64,557|58,648|
|Bands|8,141|11,365|
|EventsandActivities|||
|CorpsPropertymaintenanceandcontrol|15,355|14,348|
|RSIevents,awardsandpublishing|40,892|50,517|
|WireMagazine|49,822|50,175|
|Reunionsandothercosts|||
|SupportandSharedcosts|||
|CorpsActivities|66,088|66,228|
|Governance|17,228|17,421|
||624,342|522,614|





## 

## 

|||||
|---|---|---|---|
|EXPENDITUREONCHARITABLEACTIVITIES(continued)|2022|2021||
||£||£|
|RestrictedFunds||||
|GrantsPayableandExpenditure||||
|Welfare<br>Sporting<br>Sailing<br>AdventureTraining<br>Messes,HeritageandHistory<br>OtherAssistancetotheservingCorps|336,021<br>134,650<br>2,850<br>7,000<br>110,151<br>31,404|285,068<br>78,000<br>7,393<br>-<br>62,085<br>16,897|<br> <br> <br> <br>|
|EventsandActivities||||
|CorpsPropertymaintenanceandcontrol<br>RSIevents,awardsandpublishing|24,471<br>62,240|20,592<br>130,208|<br>|
|Officers'Dinner&Social<br>WireMagazine<br>Reunionsandothercosts<br>SupportandSharedcosts|15,213<br>8,849<br>93,755|5,168<br>6,004<br>46,879|<br> <br>|
|Welfare<br>Veterans<br>OfficerActivities<br>Governance|23,984<br>31,978<br>39,973<br>25,842|23,800<br>31,733<br>39,667<br>26,130|<br> <br> <br>|
||948,381|779,624||
|TotalFunds||||
|GrantsPayableandExpenditure||||
|Welfare<br>Sporting<br>Sailing<br>AdventureTraining<br>Messes,HeritageandHistory<br>OtherAssistancetotheservingCorps<br>BandsandDisplayTeam<br>EventsandActivities|336,021<br>281,889<br>21,895<br>77,975<br>235,151<br>95,961<br>8,141|285,068<br>185,768<br>33,802<br>9,711<br>172,109<br>75,545<br>11,365||
|CorpsPropertymaintenanceandcontrol<br>RSIevents,awardsandpublishing<br>Officers’Dinner&Social<br>WireMagazine<br>Reunionsandothercosts<br>SupportandSharedcosts|39,826<br>103,132<br>15,213<br>58,671<br>93,755|34,940<br>180,725<br>5,168<br>56,179<br>46,879||
|Welfare<br>Veterans<br>CorpsandOfficerActivities<br>Governance|23,984<br>31,978<br>106,061<br>43,070|23,800<br>31,733<br>105,895<br>43,551||
||1,572,723|1,302,238||



|1,572,723<br>1,302,238||
|---|---|
|Allwelfaregrantsaretothirdpartyorganisationsandmadeforthebenefitofbothservingandretiredmembersof<br>Corps(RegularsandReserves)andtheirfamilies.|the|
|TheRoyalSignalsInstitution(RS!)fostersprofessionaldevelopmentamongsttheservingCorps,theretiredCorps<br>andtheirclosecolleaguesinDefenceandIndustry.||
|WelfareGrantsincludespaymentstoothercharitiesforthe<br>2022<br>2021<br>furtheranceoftheCharity'sobjectives:<br>£|<br>£|
|ArmyBenevolentFund<br>35,000<br>35,000<br>variousnursinghomeswithexRoyalSignalsresidents<br>-<br>7,250|<br>|
|35,000<br>42,250||





## 

## 

## 

|EXPENDITURE|DI|SCLOSURES|2022|2021|
|---|---|---|---|---|
||||£||
|SharedSupport|Costs||||
|UnrestrictedFunds|||||
|Accounts|&ManagementSalariesShared||52,968|49,970|
|1TSupport|andEquipmentCosts||5,733|8,869|
|Postage|||630|625|
|BankCharges|||1,066|468|
|Depreciation|||361|361|
|TotalSharedSupportCosts<br>DirectCorpsAdministration|||60,758<br>2,132|60,293<br>2,761|
||||____62,890_|63,054|
|RestrictedFunds|||||
|Accounts|&ManagementSalariesShared||86,421|81,529|
|ITSupport|andEquipmentCosts||9,353|14,470|
|Postage|||1,029|1,021|
|BankCharges|||1,740|764|
|Depreciation|||590|590|
||||99,133|98,374|
|TotalFunds|||||
|Accounts&ManagementSalariesShared|||139,389|131,499|
|ITSupport|andEquipmentCosts||15,086|23,339|
|Postage|||1,659|1,646|
|BankCharges|||2,806|1,232|
|Depreciation|||951|951|
|TotalShared|SupportCosts||159,891|158,667|
|DirectCorpsAdministration|||2,132|2,761|
||||162,023|161,428|
|Attributedto:||UnrestrictedFunds|||
|||CorpsFund|62,890|63,054|
|||RestrictedFunds|||
|||OfficersFund|47,967|47,600|
|||Welfare|9,593|9,520|
|||Veterans|41,573|41,254|
||||162,023|161,428|
|TotalExpenditure||includedthefollowingcosts|||
|UnrestrictedFunds|||||
|StaffCosts|||WagesandSalaries|84,600|82,212|
|||SocialSecurityCosts|9,585|7,384|
|||PensionSchemeCosts|2,836|2,738|
||||___97,021_|__92,333_|
|DepreciationChargesfortheYear|||1,600|4,721|
|RestrictedFunds|||||
|StaffCosts|||WagesandSalaries|208,013|193,618|
|||SocialSecurityCosts|17,363|15,014|
|||PensionSchemeCosts|6,189|5,076|
||||231,565|213,708|
|Depreciation|ChargesfortheYear||4,171|4,171|
|TotalFunds|||||
|StaffCosts|||WagesandSalaries|292,613|275,829|
|||SocialSecurityCosts|26,948|22,398|
|||PensionSchemeCosts|9,025|7,814|
||||328,586|306,041|
|Depreciation|ChargesfortheYear||5,771|8,892|





## 

## 

## 

|TheCharitybenefitsfromstaff|TheCharitybenefitsfromstaff|costs,administrationand|costs,administrationand|buildingrunningcosts|buildingrunningcosts|buildingrunningcosts|paid|forby|theMinistry|ofDefence,|
|---|---|---|---|---|---|---|---|---|---|---|
|contributingtoespritdecorps.||Itisnotpracticaltoquantifysuchcosts||||withany|certainty.||||
||||||||2022|||2021|
|GovernanceCostsincludedthe||following||||||£||£|
|UnrestrictedFunds|||||||||||
||Audit||||||7,111|||6,408|
||LegalFees||||||-|||911|
||InvestmentAdvice||||||7,822|||8,418|
||TrusteeExpenses||||||1,149|||590|
||TrusteeMeetings||||||520|||190|
||TrusteeLiabilityInsurance||||||626|||904|
|||||||17,228||||17,421|
|RestrictedFunds|||||||||||
||Audit|||||10,667||||9,612|
||LegalFees||||||-|||1,366|
||InvestmentAdvice|||||11,733||||12,626|
||TrusteeExpenses||||||1,724|||884|
||TrusteeMeetings||||||780|||286|
||TrusteeLiabilityInsurance||||||938|||1,356|
|||||||25,842||||26,130|
|TotalFunds|||||||||||
||Audit|||||17,778||||16,020|
||LegalFees||||||-|||2,277|
||InvestmentAdvice|||||19,555||||21,044|
||TrusteeExpenses||||||2,873|||1,474|
||TrusteeMeetings||||||1,300|||476|
||TrusteeLiabilityInsurance||||||1,564|||2,260|
|||||||_____43,070_||||43,551|
|3<br>of|Trustees(2021:2)receivedtheabovereimbursements<br> whichwerepaidtothirdparties.|||ofexpenses||(travel,subsistence|||andaccommodation)non||
|Key|Personnel||||||||||
|NoTrustee(2021:None)receivedanyremunerationorbenefitfrom|||||theFundorany|||RelatedParties.|||
|TheRegimentalSecretaryand||theAssistantRegimental||Secretary|are|employeesof||theMinistryofDefence.|||
|HonorariumswerepaidatatotalcosttotheCharityof£20,281(2021:||||||£20,281).|||||
|TheCorpsAccountantandRSI||DirectorareemployeesoftheCharity||||atatotal|cost|of£130,002(2021:||£126,862).|
|7.TANGIBLEFIXEDASSETS||HQOfficers|Historic|<br>Regimental|||||||
|||Mess|Assets||HQ<br>YachtClub||||Bands|Total|
|2022||£||£||£||£|£|£|
|Cost|/Deemedcost||||||||||
|At|1January2022|360,000|370,111|<br>7,718||<br>35,267|||15,347|788,443|
|Additions||-|141,000|<br>-|||-||7,000|18,000|
|CostofDisposals||-|-|-|||-||-|-|
|At|<br> 31December2022|<br>360,000|<br>381,111|<br> <br>7,718||<br> <br>35,267||<br>|<br>22,347|<br>806,443|
|<br>AccumulatedDepreciation|||||||||||
|At|1January2022|24,316|-|5,815||<br>35,267|||8,966|74,364|
|ChargeforYear||3,600|-|951|||-||1,220|5,771|
|EliminatedonDisposals||-|-|-|||-||-|-|
|At|<br> 31December2022|<br>27,916|<br>-|<br>6,766||<br> <br>35,267||<br>|<br>10,186|<br>80,135|
|Net|<br>BookValues||||||||||
|At|31December2022|332,084|381,111|<br>952|||-||12,161|726,308|
|At|31December2021<br>|335,684<br>|370,111<br>|<br>1,903<br>||<br>|-<br>||6,381<br>|714,079<br>|





## 

## 

||HQOfficers|Historic|Regimental||||
|---|---|---|---|---|---|---|
||Mess|Assets|HQ|YachtClub|Bands|Total|
|2021|£|£|£|£|£|£|
|Cost/Deemedcost|||||||
|At1January2021|360,000|368,875|7,718|69,658|10,135|816,386|
|Additions|-|1,236|-|-|§,212|6,448|
|CostofDisposals|-|-|-|(34,391)|~|(34,391)|
|At31December2021|<br>360,000|<br>370,111|<br>7,718|<br>35,267|<br>15,347|<br>788,443|
|AccumulatedDepreciation|||||||
|At1January2021|20,716|-|4,864|66,470|7,813|99,863|
|ChargeforYear|3,600|-|951|3,188|1,153|8,892|
|EliminatedonDisposals|-|-|-|(34,391)|-|(34,391)|
|At31December2021|<br>24,316|<br>-|<br>5,815|<br>35,267|<br>8,966|<br>74,364|
|NetBookValues|||||||
|At31December2021|335,684|370,111|1,903|-|6,381|714,079|



## 

## 


|||||
|---|---|---|---|
|INVESTMENTS|-LISTED|2022|2021|
|||£|£|
|MarketValueat|1January|12,035,519|10,898,535|
|Additions||7,759|6,127|
|DisposalProceeds||-|-|
|(Losses)/Gains|inyear|(1,273,663)|1,130,857|
|MarketValueat|31December|10,769,615|12,035,519|
|HistoricCost||9,417,356|9,409,597|
|Heldin:-||||
|BlackRock,|ArmedForcesCharitiesGrowth&IncomeFund|6,932,890|8,056,585|
|TroyAsset|Management,Trojan'S'shares|||
||AccumulationUnits|3,836,725|3,978,934|
|||10,769,615|12,035,519|
|DEBTORS||2022|2021|
|||£|£|
|Subscriptions||61,588|60,016|
|Loans||1,002|1,080|
|OtherDebtors<br>Prepayments||10,534<br>80,297|10,009<br>36,014|
|||153,421|107,119|



## 



## 

|10.CREDITORS:amountsfallingduewithinone|year||||2022|||2021|
|---|---|---|---|---|---|---|---|---|
||||||£|||£|
|BalancewithRelatedEntities<br>SocialSecurityandOtherTaxes|||||105,335<br>8,737|||151,731<br>7,884|
|BalancesheldasAgent(seenote15)<br>OtherCreditors<br>Accruals|||||60,619<br>43,457<br>22,478|||24,493<br>31,805<br>32,420|
|DeferredIncomeandProvisions|||||||||
|Broughtforwardfromprioryear<br>Usedorrepaidinyear||||<br>|<br>222,056<br>(218,452)|<br> <br>|<br>|<br> <br>240,180<br>(90,445)|
|Arisingintheyear<br>Carriedforward|||||<br>111,503<br>115,107|<br>||<br> <br>72,321<br>222,056|
||||||355,733|||470,389|
|DeferredIncomeariseswhenreceiptsrelateto|activities|plannedforthe|||future.||||
|11.PROVISIONSFORLIABILITIESANDCHARGES|||||2022|||2021|
||||||£|||£|
|Employees’RetirementProvision|||||94,796|||81,447|
|Provisionfortheamountsduetoemployeesupontheirretirementinaccordancewith||||||theiremploymentcontract.|||
|12.RESTRICTEDFUNDS|1January||Income||Expenditure|Investment|<br>31|December|
|2022<br>Welfare&VeteransFund<br>Officers’ActivitiesFund<br>Sergeants’MessesFund<br>DisbandedUnits-PRIFund<br>DisbandedUnits-OfficersMessesFund<br>DisbandedUnits-SergeantsMessesFund<br>OtherCorpsActivityIncomereceivedand|£<br>5,722,537<br>2,262,793<br>173,601<br>371,948<br>85,090<br>30,871||421,372<br>238,499<br>53,673<br>8,485<br>1,801<br>646|£<br> <br> <br> <br> <br> <br>|£<br>(489,631)<br>(178,675)<br>(90,282)<br>(40,943)<br>-<br>-|<br>Gains<br>£<br>(605,497)<br>(164,770)<br>(18,370)<br>(40,073)<br>(8,508)<br>(3,053)||£<br>5,048,781<br>2,157,847<br>118,622<br>299,417<br>78,383<br>28,464|
|expendedinyearforspecificpurposes|-||153,349||(153,349)|-||-|
|<br> <br>2021<br>Welfare&VeteransFund<br>Officers’ActivitiesFund<br>Sergeants’MessesFund<br>DisbandedUnits-PRIFund<br>DisbandedUnits-OfficersMessesFund<br>DisbandedUnits-SergeantsMessesFund<br>OtherCorpsActivityIncomereceivedand|<br> <br>8,646,840<br>5,163,511<br>2,090,729<br>147,298<br>350,931<br>75,546<br>27,446|<br> <br> <br> <br> <br> <br> <br> <br>|<br> <br>877,825<br>420,870<br>254,015<br>54,170<br>8,404<br>1,784<br>640|<br> <br> <br> <br> <br> <br> <br> <br>|<br> <br>(952,880)<br>(397,621)<br>(225,410)<br>(43,149)<br>(23,943)<br>-<br>-|<br> <br>(840,271)<br>535,778<br>143,459<br>15,282<br>36,556<br>7,760<br>2,785|<br> <br> <br> <br> <br> <br> <br>|<br> <br>7,731,514<br>§,722,537<br>2,262,793<br>173,601<br>371,948<br>85,090<br>30,871|
|expendedinyearforspecificpurposes|-||91,397||(91,397)|-||-|
|<br>7,855,461||<br>|<br>831,280|<br>|<br>(781,520)|<br>741,620|<br>8,646,840||
|RestrictedFundsarisefromincomereceivedforspecifiedpurposesand||||are|heldseparatelyuntilexpended.||||





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|||||||
|---|---|---|---|---|---|
|UNRESTRICTEDFUNDS<br>1January|<br>TransfersTransactions<br>31|||December||
|£||£|£||£|
|2022||||||
|DesignatedFunds||||||
|YachtClub,vesselreplacementsandexpeditions<br>101,597|<br>-|-|||101,597|
|Corps-YachtClubOffshoreAccount<br> <br>629|<br> <br>-|<br>-|||<br>629|
|TotalDesignatedFunds<br> <br>102,226|<br> <br>-|<br>-|||<br>102,226|
|Corps-GeneralFund<br>4,198,099|<br>-|(519,500)||3,678,599||
|<br>4,300,325|<br> <br>-|<br>(519,500)||<br>3,780,825||
|2021<br>||||||
|DesignatedFunds<br>||||||
|YachtClub,vesselreplacementsandexpeditions<br>101,597|-|-|||101,597|
|Corps-YachtClubOffshoreAccount<br> <br>7,415|<br>(6,786)|<br> <br>-|||<br>629|
|TotalDesignatedFunds<br>Corps-GeneralFund<br> <br>109,012<br>3,857,134|<br>(6,786)<br>6,786|<br> <br>-<br> <br>334,179|<br>|<br>102,226<br>4,198,099||
|<br>3,966,146|<br>-|<br>334,179|<br>|<br>4,300,325||
|<br>DesignatedFundsareUnrestrictedFundsthathavebeensetasideatthediscretionoftheTrustees.TheYachtClub<br>ExpeditionFundisanunexpendedgrantthathasbeenallowedtobecarriedforwardandtheYachtClubOffshore<br>Accountaccumulatedcharterfeesfortheuseoftheyachts,andisusedJoroffshoreracesandevents.||||||
|Thetransactionsofthe"Corps-GeneralFund"areasshownonpage10,|Statementof|FinancialActivities,||||
|UnrestrictedFunds.||||||
|RELATEDPARTYTRANSACTIONS||||||
|TheCharityisrelatedtoTheRoya!SignalsMuseum(anincorporatedcharity)anditssubsidiaryThe<br>MuseumTradingCompanyLimitedduetotheirrelatedobjectivesandactivities.|||Royal|Signals||
|IntheyeargrantsweremadetoTheRoyalSignalsMuseumof£125,000|(2021:£110,000).|||||
|AttheendoftheyearthedebtswithTheRoyalSignalsMuseumanditssubsidiarycompanyamountedto£105,335<br>payable(2021:£151,731payable).||||||
|AGENCYTRANSACTIONS||||||
|TheCharityactsasagentforactivitiesrelatedtoitsMoraleandEfficiency|Objectives;thelargerfundsbeing:-|||||
|TheRoyalSignalsOfficersDomesticFundpurchaseswines,etcfortheHQOfficers’Messandmaintainsthewine<br>cellar,itsincomearisesfromtheconsumptionofwinesatspecialevents.<br>italsooperatesasecondhanduniformsales<br>andrentalfacility.At31December2022thebalanceheldamountedto£31,308(2021:£17,834).||||||
|TheRoyalSignalsRugbyClubsellsticketsfornationalrugbymatches(ArmyvNavyandArmyvRAF)andapplies<br>theprofitstoboostthefinancesoftheCorps’rugbyseason.<br>At31December2022thebalanceheldamountedto<br>£67,195(2021:£57,925),ofwhich£41,683washeldinaspecificbankaccount..||||||
|ALLOCATIONOFNETASSETS<br>Unrestricted|Restricted|<br>Total||||
|2022<br>£|£|<br>£||||
|TangibleFixedAssets<br>Investments<br>67,662<br>3,696,745|658646<br>7,072,870|726,308<br>10,769,615|<br>|||
|CurrentAssetslessCurrentLiabilitiesandProvisions<br>16,418|-|16,418||||
|<br>3,780,825|<br>7,731,516|<br>11,512,341|<br>|||
|2021<br>||||||
|TangibleFixedAssets<br>51,833|662,246|714,079||||
|Investments<br>4,050,924|7,984,595|12,035,519||||
|CurrentAssetslessCurrentLiabilitiesandProvisions<br>197,568|-|197,568||||
|<br>4,300,325<br>|<br>8,646,841<br>|<br>12,947,166<br>|<br> <br>|||



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