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2024-03-31-accounts

Draft Financial Statements at 20 January 2025 at 06:48:35 THE ROYAL IRISH REGIMENT BENEVOLENT FUND

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
Restricted
funds
funds
Notes
£
£
Income from:
Donations and legacies
5
132,714
1,072,608
Charitable activities
3
3
-
Investments
4
399,973
-
Total income
532,690
1,072,608
Expenditure on:
Raising funds
6
32,396
-
Charitable activities
7
547,126
178,212
Other
12
6,621
-
Total resources expended
586,143
178,212
Net gains on investments
14
201,171
-
Net incoming resources before transfers
147,718
894,396
Gross transfers between funds
894,396
(894,396)
Net income for the year/
Net movement in funds
1,042,114
-
Fund balances at 1 April 2023
8,560,040
900
Fund balances at 31 March 2024
9,602,154
900
Total
2024
£
1,205,322
3
399,973
1,605,298
32,396
725,338
6,621
764,355
201,171
1,042,114
-
1,042,114
8,560,940
9,603,054
Total
2023
£
1,007,804
68
492,079
1,499,951
33,933
502,374
6,324
542,631
(722,003)
235,317
-
235,317
8,325,623
8,560,940

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Draft Financial Statements at 20 January 2025 at 06:48:35 THE ROYAL IRISH REGIMENT BENEVOLENT FUND

BALANCE SHEET

AS AT 31 MARCH 2024

Notes
Fixed assets
Tangible assets
15
Investments
Current assets
Debtors
16
Cash at bank and in hand
Creditors: amounts falling due within
one year
18
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
19
Unrestricted funds
29 Jan
2024
£
£
3,890,900
5,447,206
9,338,106
107,744
219,756
327,500
(62,552)
264,948
9,603,054
900
9,602,154
9,603,054
2025
2023
£
£
3,000,491
5,356,510
8,357,001
70,041
171,043
241,084
(37,145)
203,939
8,560,940
900
8,560,040
8,560,940
2023
£
£
3,000,491
5,356,510
8,357,001
70,041
171,043
241,084
(37,145)
203,939
8,560,940
900
8,560,040
8,560,940
8,357,001
203,939
8,560,940
900
8,560,040
8,560,940

The accounts were approved by the Trustees on .........................

REDACTED

.............................. AM Hart

Trustee