**Managing Trustee's Annual Report and Comments:** OFFICIAL-SENSITIVE# Unit **Queen's University Officers' Training Corps** Address **Tyrone House, 83 Malone Road, BELFAST, BT9 6SJ** In Respect of the **Queen's UOTC - CENTRAL FUND** Fund/Charity Charity Commission ~~/Regulator~~ registered number **108603** Description of the charity's trusts This should include: a. Details, including date if known of the charity's governing document (e.g. trust deed, will, constitution etc): and b. A brief explanation of the charity's objects. Where applicable, you may choose to give details of any specific investment powers of the charity. |Governing Document
(e.g. Trust Deed,
Constitution)|The link below pertains to the Queen's University Officers' Training Corps (in this
document it is called the Charity) which incorporates the funds for the Officers’ Mess, the
Warrant Officers’, Sergeants’ & Junior Non-Commissioned Officers’ Mess, and the
Corps Charitable Trust Fund SNPF’s:| |---|---| ||Governing Document for Queen UOTC (Signed)| ||| |Objects of the Charity|The promotion of efficiency of the Armed Forces of the Crown by the
provision and support of facilities and activities for the efficiency and well-
beingof servicepersonnel.| Explain briefly how trustees are elected or appointed and details of any induction and trustee training attended. |Trustee selection
method|The person selected by the Army to be the unit's Commanding Officer will
adopt the roles and responsibilities of the Managing Trustee at the start of
their appointment.
The trustees for the Charity Commission for Northern Ireland (CCNI), are
named by appointment rather than incumbent name, changes to the appointees
are notified to the CCNI on Handover/Takeover of appointment.| |---|---| ||| |Trustee induction and
training|Commanding Officer's (Designate) Course and unit induction.
CCNI Trustees are to read the CharityRegulations.| 17 # OFFICIAL-SENSITIVE Explain about what the charity is trying to do and how it is going about it. You are only required to provide OFFICIAL-SENSITIVE# a brief summary of the main activities and achievements of the charity during the year in relation to its objects. |Summary of main
activities in relation to
the Charity's objects|The purpose of this service fund is to assist in the development of third level
students who want to to have a greater understanding of the Army and its role
in society.| |---|---| |Summary of main
achievements of the
Charity during the
year|The unit has provided a safe environment for undergraduate officer
cadets to socialise, form friendships and train while away from their home
envrionment. Goods sold in the officer cadets club/mess are deliberately
kept low cost in order to cater for students on a tight budget. The
proceeds of bar sales have been used to supplement sporting and other
activities that assist in the personal development of the students. This includes:
St Patrick's Day, Remembrance Day, Easter, Summer and Winter Sport Grants,
COMEC Grants, Military Competition Grants and Attestation Parade Grant.| Provide a brief review of the financial position of the charity. This should include the principle types of income. |Financial Review|The Bar and PRI Shop provide the main source of income. The profit margin is
is set to maintain the expenditure requirements of the Corps.| |---|---| The Managing Trustee should give in their report a description of the following policies: - a. For the selection of investments for the charity. - b. For determining the level of income reserves held, stating and explaining the level of reserves held. |a.
For the selection of investments for the charity.
b.
For determining the level of income reserves held, stating and explaining the level of reserves
held.|a.
For the selection of investments for the charity.
b.
For determining the level of income reserves held, stating and explaining the level of reserves
held.| |---|---| |c.
Where grants are made by the charity, the selection of individuals and institutions who are to
receive grants out of the assets of the charity.|| |Financial reserves
policy|The Corps should retain sufficient funds to cover only its known costs and
foreseeable future expenditure.| ||| |Investments selection
policy and
performance of those
investments|Only low risk with guaranteed returns. The bank interest rates have remained
low due to the UK and World economies.| 18 # OFFICIAL-SENSITIVE Provide the name of all trustees/the Managing Trustee(s) during the report year. OFFICIAL-SENSITIVE# |Managing Trustee's
name/trustees' names|Lt Col M L F Potter R IRISH (1 Oct 22 - 4 May 23)
Lt Col R W Grieve YORKS (5 May - 30 Sep 23)| |---|---| ||| |Serious Incidents|During this FY it has been identified that the subsequent accountant appointed from
26 Apr 23 lacked the qualification required to undertake the role. Further training has
been provided but the quality of account management has not been achieved. The FM
and previous accountant have reconstructed the accounts using the vouchers provided
by the accountant and the bank statement. Stock checks and cash checks have not
been able to be verified within this FY.| ||| |Public Benefit
Statement|This fund provides public benefit by assisting service personnel to more
effectively perform their roles within the Armed Forces. It does this by:
*a. Providing and supporting mess facilities and social activities.
*b. Providing and supporting sporting and Leadership and Resilience
training activities. This assistance enables service personnel to face the
challenges and danger associated with military service by developing and
maintaining teamwork; skills;_fitness; confidence; character; spirit and attitude._
The fund promotes the efficiency and morale of the Armed Forces, enhancing
the British Army's ability to undertake the roles demanded of it including the
defence of the United Kingdom and its interests.
(I confirm that I have paid due regard to the Charity Commission of Northern
Ireland's guidance on public benefit when deciding what activities the
charityshould undertake).| *delete as appropriate. Additional comments (include any declarations which were not correct (Pg 12/13)): Signature: _Original signed_ Name: LT COL R W GRIEVE YORKS Date: 26-Jun-24 Appointment: CO QUEEN'S UOTC Nov 23 (Signed Jun 24) 19 # OFFICIAL-SENSITIVE