THE ROYAL ANGLIAN REGIMENT CHARITY
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £6,663,696, which the Trustees consider comfortably exceeds the level required to meet future benevolence and regimental efficiency objectives. Although the charity reported a net deficit for the period due to a significant impairment loss on its Silver asset, the overall net assets remain substantial at £9,366,150. The Trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The level of reserves expected to be required to satisfy these objectives for the coming year is comfortably exceeded by even the worst case projections of our investment capital and income.”
“During the period the charity received donations totalling £50,000 (2023: £70,000) from Oakley Capital Limited, a company connected to Mr D Till, a trustee.” — page 28
“During the period the charity received donations totalling £40,000 (2023: £45,000) from a trustee.” — page 28
“During the period the charity received donations totalling £50,000 (2023: £70,000) from Oakley Capital Limited, a company connected to Mr D Till, a trustee.” — page 28
“During the period the charity received donations totalling £40,000 (2023: £45,000) from a trustee.” — page 28
“During the period the charity received donations totalling £50,000 (2023: £70,000) from Oakley Capital Limited, a company connected to Mr D Till, a trustee.” — page 28
“During the period the charity received donations totalling £40,000 (2023: £45,000) from a trustee.” — page 28
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- David John Tillchair
- Captain Richard William Howe Colgan
- John Wright
- Lieutenant Colonel Bruce Duncan Weston
- Maj Gen Dominic Stead James Biddick MBE MC
- Major Peter David Connolly
- Major Stephen Card TD
- Rich Bredin
- Tim Newton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £403k | £828k |
| 31/12/2023 | £614k | £571k |
Common questions
Is THE ROYAL ANGLIAN REGIMENT CHARITY financially healthy?
The accounts state that unrestricted reserves stood at £6,663,696, which the Trustees consider comfortably exceeds the level required to meet future benevolence and regimental efficiency objectives. Although the charity reported a net deficit for the period due to a significant impairment loss on its Silver asset, the overall net assets remain substantial at £9,366,150. The Trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Ensors.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| COLONEL W H WHITBREAD CHARITABLE TRUST | 1 | £10k |
| THE W A HANDLEY CHARITY TRUST | 1 | £5k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £2k |