THE ROYAL INNISKELLING FUSILIERS CHARITABLE TRUST TRADING AS THE INNISKILLINGS MUSEUM REPORT AND FINANCIAL STATEMEbrrs FOR THEYEAR ENDED 31" MARCH 2023 NIC 100653 ## **THE ROYAL INNISKILLING FUSILIERS CHARITABLE TRUST** ## **TRUSTEES INFORMATION** **Trustees** Chairman Lt. Col. Mark Scott MBE DL (Appointed 30[th] June 2022) Vice-Chairman Maj. Shaun Pendry DL Secretary Maj. Charles Plunkett MBE DL (Appointed 5[th] Aug. 2022) Treasurer Maj. William Gordon Johnston (Appointed 9[th] Sept. 2022) Trustees Col. Richard Kinsella-Bevan MA FRGS Lt. Col. David Twigg MBE JP Lt. Col. Ivan Ryan TD (resigned 15[th] Jan.2023) Capt. Christopher Redman Mr. David Hall Mr. Michael Nugent Patron The Rt. Hon. The Viscount Brookeborough KG **NIC Reference Number 100653 Registered office** The Royal Inniskilling Fusiliers Regimental Museum The Castle Wellington Place Enniskillen Co. Fermanagh BT74 7HL **Reporting Accountants** MacNeary Rasdale & Co. Ltd. Wellington House 30 Darling Street Enniskillen Co. Fermanagh BT74 7EW **Business Address** The Castle Enniskillen Co. Fermanagh BT74 7HL **Bankers** Danske Bank 24 Townhall Street Enniskillen Co. Fermanagh BT74 7BB **Solicitors** Cooper Wilkinson Imperial Buildings 38-40 Queen Elizabeth Road ENNISKILLEN Co. Fermanagh BT74 7BY Pinsent Masons 1 Lanyon Place Belfast THE ROYAL MISKtLLING FUSILIERS CHARITABLE TRUST cowrENTS PAGE Independent Accourt¢ant$' Report R¢port of th¢ Trnstees StAiement of f+kn￿ncId Activities NORS to the f*in2ncial StAtements Independent accountants's report to the trustees of The Royal Inniskilling Fusiliers Charitsble Trust We report on the ac¢ouniS of the Trusi for the year ended 31° March 2023, which are set out on pages 3to6. The operating title of the Trusl is-The Inniskillings Museum". Respective responsibilities of Management Committee and examiner The Management Committee are resp)nsible for the prepardlion of ihe accounls. The Management Committee consider that an audit is not required for this year and that an independent examination is needed. It is our ffsponsibility io: examine the accounts to follow the procedures laid down in SORP 2005 to state whether particular matters have come lo our attention. Basis of independent examiner's report Our e￿MinatIon was carried oul in accordance with the guidance issued under Th¢ Statement of Recommended Practice - Accounting and Repx)rting by Charities issued in March 2015. An examination includes a review of the accounting records kept by the organislaton and a comparison of the accounts presented with those records. li also includes consideration of any unusual items or disclosures in the accounts and seeking explanalions from the Mana8ement Committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo wheiher the accounts present a 'true and fair view. and the report is limited io those maners sel out in the Sta￿ment below. Independent examiner'$ ststement In connection with our examina110￿ no matter has come to our attention: ( l ) which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting rxords to prepare accounts which accord ii'ith the accounting records and comply with SORP 2015 have not been mel; or (2) to which, in our opinion, atlention should be drdwn in order lo enable a proper understanding of the accounts to be reached. 01106n023 Mg¢Neary R￿lale & Co Lid Chartered Aeeountants Wellington House 30 Darling St Ennlskillen BT74 7EW Innl rit*ble Trnst f he trustees for Ihe ded 3111 March 20 StsleThent of trustees, respoAslbllllles & S(*tement ofdbelosure of information to reportiHK aeeofflnlajts on The truslees are responsible f(ff preparing the TrU￿¢e$, Report and the financial $￿teMents in accordanc¢ wilh applicable law and re8uI*i(m& -The Inniskillin8s Museum" is the operating tille of the accrediied museum owned. controlled and managed by the SORP'S requires the ttv*ees io prepare financial S￿eMents for each financial year which give a true and fair vlew of the s￿¢ of affairs of the ch8rithble as$￿1￿70n as ai balance sheet date and of its incoming r¢sources and application of ￿SOUrCeS includin8 income and expenditure, for ihe fiDan¢ial year. In prqthi8 thos¢ financlal StaleMen￿ the trusiees Ire required io: Sele¢t suitable accounting policies and apply them ¢onsislenily; Make jud8ements and e5timaies that are reasonabk md prndenl: whether applicable accouniing Stsndards have trrten followed, Subje￿ io any malwial depwtres disclosed and explained In the financlal stskments Prepare the financial statements on the going ¢onc¢rn b￿1$ unless it is inapproprfate to presume ihe company will ¢oMlnue in business. They are also responsible f￿ safeguarding th¢ assets of the Compw and h¢n¢e for tskin8 reasonable steps for the prev¢nil¢)n and deteciion of fraud and other irre8ulariiks. So far as each of the tnislees in otTice at the date of approval of these financial statements are aware: There is no relevant accounling inforniation of which the as￿l¢laI10ns accountants are unaware; and They hav¢ thken all the steps that they ou8h¢ io have taken as irnslees In order lo make themselves aware of any relevant accountln8 Inforniation and io ¢sthbllsh that the Ass￿lI110n5 xcounthnts are aware of that information. By Order of th¢ B0￿d ofThslees on the Ill June 2023 Lt. Col. (Retd.) Mark Scon DL MBE Chairnian TIIE ROYAL IliliISKILLIliG FtISlLIERS CIIARITABLE TRusr srATEMENT OF FINANCIAL AcrivrriES FOR TIIE YEAR ENDED 31￿ IIARCII 2011 Unrutrkned R&Tl¢t¢d Fund¥ TOMI Tothl 2023 2023 2022 Ine•ml4 Raourtt• from Cefr¢railnB TruDd9: Volunthry Incomt Subscnwions- M*nbetship Subs¢nyions- Assocwion BT¥n¢h lttomecthern￿￿l IniLYnJlty- Shop ArfLwI In¢omeCeneraknyJ Iniernally- Shop Online Ifi¢0meG￿ernl￿ In1ern￿1y- Entr￿Ce Trnr¢ i Relau *.8•7 4.041 so 240 50 0.061 6.061 5,$85 3.58$ 300 78 In*ffsi& InvcsinKn¢ Inwme 0.642 6237 IA¢omlni Rewurru Ch•Tlthbk A¢i•v•tltA Acqulyiti￿s. Pled8¢5 & Donjtiong Cjifl Aid GIA Anhy Mu*um OTGTrnl in Akl Si Lu¢ia Day AnsCoun¢il Grani IAP DigitiS￿l0n Proie¢l NIMC Qrnnt HMRC JRS Grani N*ianul LfjueryGrllnt (hher IKO 3 J2 3.5?2 734 3,095 J,095 0.842 4.021 330 3JO 472 IU49 Totsl Inc4)mini R¢sow(*5 2SJ77 JJv)s 2U71 22J49 15.150 1.081 113.670) AthJ.%h()p l¥utduK¥ fiif f¢yIc l*ss CIosbn$ Swk IlQ.0441 3.fK18 2.561 Gr055Surplus for Year 19kn88 THE ROYAL INNISKILUNG FUSIUERS CHARITABLE TRUST srATEMENf OF FINANCIAL AcrivmES FOR THE YEIR ENDED 318t MARCH a12J Totsl Futtds To￿1 Funds & ￿2￿¢5 l)ci)fL¥sionJJ ,IlemlKYyhip l.as .%tsff '[ raininK & (.ouYxs 1fi14urnn¢ 13.879 1.310 19.100 ?.930 337 783 603 897 741 I IcNpitsJity & (AtctinK ljostaRe & St21io(ury Nlafkcting &..Idv£rtisirtg I ravcl & Subsist¢ncc ljank ChafXL* 57 394 168 CILY￿ra1 ExpLnses rcJlunteL'r l..xp-X 123 450 Pm(¢s$ltin￿ l.LYS Cimiputer ￿..X￿CS "I'rxL' 4 Rclativ N1ux￿ffl IXwL.lopmcnt l.li%i(Jry I lub Ulstcr DLyre¢ia¢it)n 4083 3001 240 45 SA13 Total Resourc￿ E%￿nded ' 41411 & inYe8tsn¢nt 28e¢¢ di8posal8 35 723 THE ROYAL INNISKIUJNG FUSILIERS CHARITABLE TRusr BALANCE SHE AS AT 3181 MARCH 2023 Tof41 Fw Tothl PuD09 F¢x¢d A￿e 1atigiblp.l¥¥¢¢¥ 318VAb 183.ixxl by ili¢.'I And 4¥¢￿>11￿MI fcsf ijrt IhL 15th l.¢bnJllry 3111 THE ROYAL INNISKILLING FUSILIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023 l. Accovniing Poli¢ie8 Accounting Convention The finan021 Siatemcnis arc. preparcd under ihe hisioricnl cost corti'entio gs modified bs ihe reialu2ti0n of ceriain f￿ed asseis. b. Income and Expenditu(e Recogniiion Irtcome and Expenditure are recognisLd in ihe accounts when incurred. e. TaDgAble Fixed Assets and Depteciation Depttciarion is proiiidcd ar rates cakulared io ￿lIte off the cost Icss residual value of ¢ach asset over its expccted useful lifc as follows: Fixtures, fitDngs and Fquipmcrtt 150/0 reducirtg IAl2ncL d. Znv¢8tm¢ttt8 Financial investsnertts hekl as f￿ed as¥cfS are statcd in rhc Balanc¢ Shecl at the lowet ofcost and markei valuc a¢ thL Balance Sheet dAi¢. Taxgtion No provision has ljeen made for taxatiort in the Financial S¢otem¢nis 2$ (he Trust is teco8ntscd as a charity. ￿. the Inland Rei'enuL. f. Sta¢ement of Recommended Ptraetice The Ftsllrtcial Statemenis of The RoiMI lrtniskn'lb'ng l-usijiery Chari12bl¢ I'rusi comply with th tecommendauons of S12Tcmeni of Recommended Practice, .4ccouniing for ChAriues. Page 6