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|Members ofthe board||and professional|advisers|Page|1|
|---|---|---|---|---|---|
|Trustees'
annual
report||||Pages|2to 4|
|Independent
examiners'||report||Page|5|
|Statement offinancial||activities||Page|6|
|Balance sheet||||Page|7|
|Notes to the financial|statements|||Pages|8to 14|
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|The Board|The Board|ofTrustees|Colonel M A Cadman|Colonel M A Cadman||||||
|---|---|---|---|---|---|---|---|---|---|
||||Father D A Conroy|||||||
||||Father IJ Stevenson||(appointed|||I January 2022)||
||||Commander
I M Crabtree|||||||
||||Father P Hanrahan|(resigned|||31|December 2021)||
||||Rt Rev Bishop P Mason|||||||
||||Rev D Skillen|||||||
||||Wing Commander|C|P|Thorpe||||
|Principal|Ad dress||St. Orner Barracks|||||||
||||Thornhill
Road|||||||
||||Aldershot|||||||
||||Hampshire|||||||
||||GUI I 2BG|||||||
|Independent||Examiner|Mark Dickinson FCA|||||||
||||Wise &Co|||||||
||||Chartered
Accountants|||||||
||||Wey Court West|||||||
||||Union Road|||||||
||||Farnham|||||||
||||Surrey|||||||
||||GU9 7PT|||||||
|Bankers|||Royal Bank ofScotland|||||||
||||Holts Farnborough|Branch||||||
||||200 Fowier Avenue|||||||
||||Farnborough
Business Park|||||||
||||Farnborough|||||||
||||Hampshire|||||||
||||GU14 7JP|||||||
|Investment||Managers|BlackRock Investment|||Management|||(Uk) Limited|
||||PO Box9036|||||||
||||Chelmsford|||||||
||||Essex|||||||
||||CM99 2XD|||||||
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|||||2022|2021|
|---|---|---|---|---|---|
|||||Total|Total|
|||||Funds|Funds|
||||Notes|||
|INCOME AND ENDOWMENTS||||||
|Donations
received||||160,968|163,580|
|Investment
income and|bank interest|||23,926|23,472|
|Other|||||171|
|TOTAL INCOME||||184,894|187+23|
|EXPENDITURE||||||
|Charitable
Activities||||||
|Salaries||||116,430|123,974|
|Office||||32,372|12,490|
|Residence||||20,004|18,589|
|Donations
and grants payable||||8,413|12,090|
|||||177+18|167,143|
|TOTAL EXPENDITURE||||177+18|167,143|
|NET INCOME/EXPENDITURE||AND NET||||
|MOVEMENT
IN FUNDS|BEFOREGAINS|||7,676|20,080|
|AND LOSSKS ON INVESTMENTS||||||
|Unrealised
Gain/(Loss)|on Investments|||40,418|123,200|
|NET MOVEMKNT IN FUNDS||||48,094|143480|
|RECONCILIATION OF FUNDS||||||
|FUNDS AT 1 APRIL 2021||||753,659|610479|
|FUNDS AT 31MARCH 2022||||801,753|753,659|
|||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|
||FORTHE|YEAR ENDED 31MARCH||2022|||
|||Notes|2022||2021||
|AXED ASSETS|||||||
|Tangible assets||||703||836|
|Investments||||730,038||689,620|
|||||730,741||690,456|
|CURRENT ASSETS|||||||
|Cash at bank|||79,027||66,590||
||||79,027||66,590||
|CREDITORS: Amounts|falling due within||||||
|one year||10|(8,015)||(3,387)||
||||(8,015)||(3@87)||
|NET CURRENT ASSETS||||71,012||63,203|
|NKT ASSETS||||801,753||753,659|
|REPRESENTED BY:|||||||
|FUNDS|||||||
|Unrestricted:|||||||
|Designated||||45,806||47,719|
|General||||755,947||705,940|
|TOTAL FUNDS||11I12||801,753||753,659|
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|||||2022|2021|
|---|---|---|---|---|---|
||||||K|
|Donations - Unrestricted|||Funds|||
|Royal Navy||||16,097|16,358|
|Army||||72,436|73,61 I|
|Royal|Air Force|||72,436|73,611|
|||||160,96S|163,580|
|estment|Income|||2022|2021|
|UK investment||dividends||23,889|23,438|
|Bank interest||receivable||38|34|
|||||23,926|23,472|
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|||||2022||
|---|---|---|---|---|---|
|||||K||
|Bishop's remuneration|&pension|||38,500|38,499|
|Staff remuneration
& pension||||57,720|66,100|
|Vicar General accommodation||||20,210|19,375|
|||||116,430|123,974|
|Expenditure:
Office||||||
|Unrestricted:||||||
|Bishop's Year Book (net ofdonations)||||1,157|885|
|Telephone|||||150|
|Website+ media||||2,985|3,296|
|Meetings||||3,857|895|
|Trustees Dinner||||1,933||
|Printing &Stationery||||258|653|
|Postage||||87|45|
|Publications|||||108|
|Repairs &Renewals||||63|495|
|Travel||||5,723|594|
|Falklands
Anniversary|Event|||6,296||
|Bishop's Expenses||||1,110||
|Sundries
including
subscriptions||||1,250|560|
|Insurances||||740|253|
|Accountancy
and Independent||Examination|Fees|3,000|3,695|
|Bookkeeping
and Payroll||||3,640||
|Depreciation
Computer|Equipment|||84|111|
|DBS/Safeguard||||13|686|
|OAiciai Entertaining||||108||
|Bank Charges||||70|66|
|||||32/72|12,490|
|Expenditure:
Residence||||||
|Rent||||12,000|12,000|
|Council Tax &Water||||2,633|2,547|
|Insurance||||1,168|1,142|
|Heat, Light &Power||||3,028|2,142|
|Repairs &Renewals||||430|107|
|Telephone||||536|327|
|Sundries||||159|270|
|Depreciation
Fixtures|&Fittings|||49|54|
|||||20,004|18,589|
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|gible Fixed Assets||||
|---|---|---|---|
|||Office &||
||Computer|House|Total|
|Cost or Valuation||||
|at 1 April 2021|8,068|10,655|18,723|
|Additions||||
|Disposals||||
|At 31March 2022|8,068|10,655|18,723|
|~De teciatioa||||
|at 1 April 2021|7,720|10,167|17,887|
|Disposals||||
|Charge for the year|84||133|
|At 31March 2022|7,804|10,216|18,020|
|Net Book Value||||
|At 31March 2022|264|439|703|
|at 1 April 2021|348|488|836|
##
|8.|Investments|||2022|2021|
|---|---|---|---|---|---|
||Listed investments|||||
||Armed Forces Charities|Growth|and Income Fund|730,038|566,420|
|||||2022|2021|
||Movement
in Market Value|||||
||Market value at 1 April|2021||689,620|566,420|
||Acquisitions
at cost|||||
||Disposals
at open book|value||||
||Net gains (losses) on revaluations||in the year|40,418|123,200|
||Market value at 31March 2022|||730,038|689,620|
|9.|Analysis ofcurrent assets|||||
|||||2022|2021|
||||||K|
||Cash at bank & in hand|||79,027|66,590|
|||||79,027|66,590|
|10.|Analysis ofcreditors|||2022|2021|
||Bishopric Charities|||724|724|
||Accruals|||3,520|2,400|
||Pension Liability|||64||
||P.A.Y.E.and N.I.|||1,991||
||Other creditors|||1,716|263|
|||||8,015|3,387|
##
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|||||Total Funds|Total Funds|
|---|---|---|---|---|---|
|||||2022|2021|
|Fund balances|at 31|March are represented|by:|||
|Fixed assets||||703|836|
|Investments||||730,038|689,620|
|Net Current Assets||||71,012|63,203|
|||||801,753|753,659|
|Split ofunrestricted||funds||||
|Designated||||45,806|47,719|
|General||||755,947|705,940|
|||||801,753|753,659|
##
|Movements|in Funds - Cu|rrent Year|||||||
|---|---|---|---|---|---|---|---|---|
|||||Income|/|Expenditure|/||
||||Opening|Investment||Investment||Closing|
||||Balance|Gains||Losses||Balance|
|Unrestricted|Funds||||||||
|Revenue|Reserves||183,045|184,894||175,305||192,634|
|Capital|Reserves||522,895|40,418||||563,313|
|Designated|Funds||||||||
|Colonel|Angela Curran|Legacy|6,424|||||6,424|
|Bishop|Frank Walmsley|Legacy|34,379|||||34,379|
|Shrivenham
Fund|||6,916|||1,913||5,003|
||||753,659|225,312||177,218||801,753|
##
|Movements|in Funds - Pre|vious Year||||||
|---|---|---|---|---|---|---|---|
|||||Income /|Expenditure|/||
||||Opening|Investment|Investment||Closing|
||||Balance|Gains|Losses||Balance|
|Unrestricted|Funds|||||||
|Revenue|Reserves||156,965|187,223|161,143||183,045|
|Capital|Reserves||399,695|123,200|||522,895|
|Designated|Funds|||||||
|Colonel|Angela Curran|Legacy|6,424||||6,424|
|Bishop|Frank Walmsley|Legacy|34,379||||34,379|
|Shrivenham
Fund|||12,916||6,000||6,916|
||||610,379|310,423|167,143||753,659|