| UnrestrictedUnrestricted | UnrestrictedUnrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| general | designated | |||||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| Notes | £ |
£ | £ | £ | £ | |
| Incomefrom: | ||||||
| Donationsandlegacies | 3 | 21,684 | 2,964 | 24,648 | 18,907 | |
| Investments | 4 | 1,985 | 1,985 | 1,345 | ||
| Totalincome | 21,684 | 1,985 | 2,964 | 26,633 | 20,252 | |
| Expenditureon: | ||||||
| Raisingfunds | 5 | 1,702 | - | 1,702 | 1,331 | |
| Charitableactivities | 6 | 30,615 | 7,500 | 38,115 | 13,860 | |
| Totalresourcesexpended | 30,615 | 9,202 | 39,817 | 15,191 | ||
| Netgains/(losses)oninvestments | 11 | (21,042) | (21,042) | 11,020 | ||
| Netmovementinfunds | (8,931) | (28,259) | 2,964 | (34,226) | 16,081 | |
| Fundbalancesat1January2022 | 12,356 | 145,101 | - | 157,457 | 141,376 | |
| Fundbalancesat31December | ||||||
| 2022 | 3,425 | 116,842 | 2,964 | 123,231 | 157,457 |
| Unrestricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds |
|||
| general | designated | |||
| 2021 | 2021 |
2021 | ||
| Notes | £ | £ |
£ | |
| Incomefrom: | ||||
| Donationsandlegacies | 3 | 18,907 | - |
18,907 |
| Investments | 4 | - | 1,345 |
1,345 |
| Totalincome | 18,907 | 1,345 |
20,252 | |
| Expenditureon: | ||||
| Raisingfunds | 5 | - | 1,331 |
1,331 |
| Charitableactivities | 6 | 13,860 | - |
13,860 |
| Totalresourcesexpended | 13,860 | 1,331 |
15,191 | |
| Netgains/(losses)oninvestments | 11 | - | 11,020 |
11,020 |
| Netmovementinfunds | 5,047 | 11,034 |
16,081 | |
| Fundbalancesat1April2021 | 7,309 | 134,067 |
141,376 | |
| Fundbalancesat31December2021 | 12,356 | 145,101 |
157,457 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Investments | 12 | 116,842 | 145,101 | ||
| Currentassets | |||||
| Cashatbankandinhand | 7,079 | 13,616 | |||
| Creditors:amountsfallingduewithin | |||||
| oneyear | 14 | (690) | (1,260) | ||
| Netcurrentassets | 6,389 | 12,356 | |||
| Totalassetslesscurrentliabilities | 123,231 | 157,457 | |||
| Incomefunds | |||||
| Restrictedfunds | 15 | 2,964 | |||
| Unrestrictedfunds-designated | 16 | 116,842 | 145,101 | ||
| Unrestrictedfunds-general | 3,425 | 12,356 | |||
| 123,231 | 157,457 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |
| general | ||||
| £ | £ | £ | £ | |
| Donationsandgifts | 17,226 | 2,964 | 20,190 | 17,407 |
| Otherdonations | 4,458 | 4,458 | 1,500 | |
| 21,684 | 2,964 | 24,648 | 18,907 | |
| Fortheperiodended31December2021 | 18,907 | 18,907 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds |
|
| designated | designated |
|
| 2022 | 2021 | |
£ |
£ |
|
| Incomefromlistedinvestments | 1,985 |
1,345 |
| 5 | Raisingfunds | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds |
||
| designated | designated | ||
| 2022 | 2021 |
||
£ |
£ |
||
| Investmentmanagementfees | 1,702 | 1,331 |
|
| 1,702 | 1,331 |
||
| 6 | Charitableactivities |
| Charitable | Charitable |
Charitable |
||
|---|---|---|---|---|
| Activities | Activities | |||
| 2022 | 2021 | |||
£ |
£ |
|||
| Sundryexpenses | 2 | |||
| QOYJournalexpenses | 2,530 | 1,354 | ||
| CavalryOldComradesMemorialParadeexpenses | 354 | |||
| Trusteemeetings | 71 | 249 | ||
| Heritageitems | 2,860 | 127 | ||
| Propertyinsurance | 750 | 750 | ||
| 50thAnniversarydinnerexpenses | 14,757 | |||
| 21,324 | 2,480 | |||
| Grantfundingofactivities(seenote7) | 16,101 | 10,750 | ||
| Shareofgovernancecosts(seenote8) | 690 | 630 | ||
| 38,115 | 13,860 | |||
| Analysisbyfund | ||||
| Unrestrictedfunds-general | 30,615 | 13,860 | ||
| Unrestrictedfunds-designated | 7,500 | |||
| 38,115 | 13,860 | |||
| 7 | Grantspayable | |||
| 2022 | 2021 | |||
£ |
£ |
|||
| Grantsanddonationspayable | 13,731 | 8,750 |
||
| Welfareandbenevolencegrantspayabletoindividuals | 2,370 | 2,000 |
||
| 16,101 | 10,750 |
| uringtheyear | uringtheyear | ,grantand | dona | tionpaymentstotalling£13,731(2021:£8,750)weremadepa |
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | 8,700 | £8,750 | TheQueen'sOwnYeomanryRegiment'sNon-PublicFund | |
| £ | 2,000 | £ | - | ASqnFreedomofYorkParade |
| £ | 1,781 | £ | CSqn50thAnniversaryBall | |
| £ | 500 | £ | DSqn50thAnniversaryDinner | |
| £ | 500 | £ | ArmyMotorcycleRoadRaceTeam | |
| £ | 250 | £ | - | YBF |
| £13,731 | £8,750 |
| Supportcosts | ||||
|---|---|---|---|---|
| Governance | 2022 | Governance | 2021 | |
| costs | costs | |||
| £ | £ | £ |
£ | |
| Independentexaminationfee | 690 | 690 | 630 |
630 |
| 690 | 690 | 630 |
630 | |
| Analysedbetween | ||||
| Charitableactivities | 690 | 690 | 630 |
630 |
| 11 | Netgains/(losses)oninvestments | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| designated | designated | ||||
| 2022 | 2021 | ||||
£ |
£ |
||||
| Revaluationofinvestments | (17,107) | (7,960) | |||
| Gain/(loss)onsaleofinvestments | (3,935) | 18,980 | |||
| (21,042) | 11,020 | ||||
| 12 | Fixedassetinvestments | ||||
| Listed | Cashin | Total | |||
| investments | portfolio | ||||
| £ | £ | £ | |||
| Costorvaluation | |||||
| At1January2022 | 140,612 | 4,489 | 145,101 | ||
| Additions | 55,782 | 64,365 | 120,147 | ||
| Valuationchanges | (21,042) | - | (21,042) | ||
| Disposals | (62,380) | (64,984) | (127,364) | ||
| At31December2022 | 112,972 | 3,870 | 116,842 | ||
| Carryingamount | |||||
| At31December2022 | 112,972 | 3,870 | 116,842 | ||
| At31December2021 | 140,612 | 4,489 | 145,101 | ||
| 13 | Financialinstruments | 2022 | 2021 | ||
£ |
£ |
||||
| Carryingamountoffinancialassets | |||||
| Instrumentsmeasuredatfairvaluethroughprofitorloss | 112,972 | 140,612 | |||
| 14 | Creditors:amountsfallingduewithinoneyear | ||||
| 2022 | 2021 | ||||
£ |
£ |
||||
| Tradecreditors | 630 | ||||
| Accrualsanddeferredincome | 690 | 630 | |||
| 690 | 1,260 |
| THEQUEEN'SOWNYEOMANRYREGIMENTALASSOCIATION | NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED) | FORTHEYEARENDED31DECEMBER2022 | 15 Restrictedfunds |
TheincomefundsoftheAssociation includerestrictedfundscomprisingthefollowingunexpendedbalancesofdonationsandgrantsheldontrustforspecificpurposes: | Movementinfunds | Balanceat Incoming Balanceat |
1January resources 31 |
2022 December |
£ £ 202E |
YorkshireYeomanryAppealFund 2,964 2,964 |
TheRestrictedFundsareusedbytheTrusteestocorrectlyclassifyandrecordthosefundssubjecttospecificrestrictedconditionsimposedbythedonors. | TheYorkshireYeomanryAppealFundconsistsofrestricteddonationsthathavebeenreceivedinorderforahistoricalpieceofpropertyrelatingtotheYorkshire | Yeomanryhistorytobepurchased. | 16 Unrestrictedfunds-designated |
TheseareunrestrictedfundswhicharematerialtotheAssociation'sactivitiesmadeupasfollows: | Movementinfunds Movementinfunds |
Balanceat Incoming ResourcesRevaluations, Balanceat Incoming ResourcesRevaluations, Balanceat |
1January resources expended gainsand 1January resources expended gainsand 31 |
2021 losses 2022 losses December |
£ £ £ £ £ £ £ £ 202 |
QOYAssociationInvestmentFund 134,067 1,345 (1,331) 11,020 145,101 1,985 (9,202) (21,042) 116,842 |
TheDesignatedFundsareunrestrictedfundsthathavebeensetasidebytheTrusteesforparticularpurposesandrepresentsthevalueoftheInvestmentPortfolio. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | 2021 | £ | 145,101 | 12,356 | 157,457 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TotalUnrestrictedUnrestricted | GeneralDesignated | Funds Funds |
2022 2021 2021 |
£ £ £ |
116,842 - 145,101 |
6,389 12,356 |
123,231 12,356 145,101 |
|||||
| Restricted | Funds | 2022 | £ | - | 2,964 | 2,964 | ||||||
| THEQUEEN'SOWNYEOMANRYREGIMENTALASSOCIATION | NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED) | FORTHEYEARENDED31DECEMBER2022 | 17 Analysisofnetassetsbetweenfunds |
UnrestrictedUnrestricted | GeneralDesignated | Funds Funds |
2022 2022 |
£ £ |
Fundbalancesat31December2022arerepresentedby: | Investments - 116,842 |
Currentassets/(liabilities) 3,425 |
3,425 116,842 |
| Year | Period | |||
|---|---|---|---|---|
| to | to | |||
| 31December | 31December | |||
| 2022 | 2021 | |||
| £ | £ | £ | £ | |
| Donationsandlegacies | ||||
| ODPSdonations | 17,226 | 17,407 | ||
| Otherdonations | 4,458 | 1,500 | ||
| Donations-Restrictedfund | 2,964 | - | ||
| 24,648 | 18,907 | |||
| Investmentincome | ||||
| Incomefromlistedinvestments-Designatedfund | 1,985 | 1,345 | ||
| Totalincomingresources | 26,633 | 20,252 | ||
| Resourcesexpended | ||||
| Investmentmanagementcosts | ||||
| Investmentmanagementcosts-Designatedfund | (1,702) | (1,331) | ||
| CharitableActivities | ||||
| Sundryexpenses | 2 | - | ||
| QOYRegimentalJournalexpenses | 2,530 | 1,354 | ||
| CavalryOldComradesMemorialParadeexpenses | 354 | - | ||
| Trusteemeetings | 71 | 249 | ||
| Heritageitems | 2,860 | 127 | ||
| Propertyinsurance | 750 | 750 | ||
| 50thAnniversarydinnerexpenses | 7,257 | |||
| Grantsanddonationspayable | 13,731 | 8,750 | ||
| Welfareandbenevolencegrantspayable | 2,370 | 2,000 | ||
| 50thAnniversarydinnerexpenses-Designated | ||||
| fund | 7,500 | |||
| (37,425) | (13,230) | |||
| Governancecosts | ||||
| Accountancyandindependentexaminersfee | (690) | (630) | ||
| Netmovementoninvestments | ||||
| Revaluationofinvestments-Designatedfund | (17,107) | (7,960) | ||
| Gain/(loss)onsaleofinvestments-Designated | ||||
| fund | (3,935) | 18,980 | ||
| (21,042) | 11,020 | |||
| (Deficit)/Surplusfortheyear | (34,226) | 16,081 |