Page 94 - The KRH Year of 2023 (CREST Sharing)
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94 The Regimental Journal of The King’s Royal Hussars
The King’s Royal Hussars Regimental Trust Charity Number 1021455
The Regimental Trust. The King’s Royal Hussars Regimental Trust is managed by The Regimental Council and is admin- istered from Home Headquarters (HHQ). The Regimental Council is composed of serving and retired officers and sol- diers. The Trust operates within the guidelines published by the Charities Commission for England and Wales.
The Objects of the Trust’s Charter is as follows:
“thepromotionoftheefficiencyofHerMajesty’sArmyandinparticu- lar the Regiment and of any unit of the Regiment or the Regimental AssociationoftheRegiment”
“the provision of financial assistance for former members of the for- mer Regiments and former and serving members of the Regiment and the dependents thereof who are in conditions of need, hardship or distress”
“forsuchothercharitablepurposesastheTrusteesshallintheirdis- cretionfromtimetotimethinkfit”
Benevolence and Welfare. Last financial year the Regimental charitable funds awarded grants to the sum of £24,500 and assisted 42 individuals from across KRH, the former Regiments and families. In the period April to December 2023 grants to the sum of £21,800 have already been awarded to more than 36 individuals.
Our Regimental charitable funds provide fast and effective help to those in need. Funds are administered by HHQ, who work very closely with other Service charities such as The Army Benevolent Fund, SSAFA, The Royal British Legion and many others. We also rely heavily on the teams of local SSAFA and RBL branch volunteer caseworkers.
KRH benevolence is delivered by two charitable funds, the Regimental Welfare Fund and the Charles Benjamin Wilson Bequest (CB Wilson).
Fixed Assets - Investments Net Current Assets
Donations and Legacies Investment Income Other Income
Raising Funds
Charitable Activities
In support of the charity Other - Governance Costs
Net gains/(losses) on investments Total funds brought forward
The Regimental Welfare Fund. The Welfare Fund is a part of the Regimental Trust and income is derived from a combina- tion of Regimental investments, Day’s Pay contributions of serving officers and soldiers, and donations from old comrades and other charitable bodies.
The Charles Benjamin Wilson Bequest. The CB Wilson Fund has its own Trustees and also supports officers, soldiers and families of The King’s Royal Hussars and the former Regiments. Its income is derived from the legacy of Captain C B Wilson, a former 10th Hussar officer, who left a bequest in memory of his only son, Johnny, who was killed in the Western Desert in 1942.
The Welfare Fund needs your help to continue providing this crucial support. You can assist by donating as follows:
• Online – Make a simple donation by following the links from the Regimental website at www.krh.org.uk.
• Cheque – Send a cheque, made payable to “The King’s Royal Hussars Welfare Fund”, to HHQ at the address below. • Fund Raising Event – If you wish to run your own fund raising / sponsorship event you can set up a CAF Donate page on the Regimental website in the name of your event.
Please contact HHQ for help.
• Bequest or Legacy – You may wish to make a Legacy
Donation or Bequest, please contact HHQ for advice.
If you need any advice, please do not
Home Headquarters
The King’s Royal Hussars Peninsula Barracks Winchester
Hampshire SO23 8TP
Email: hhq@krh.org.uk Tel: 01962 828520
£1,471,786 £100,124
£122,588 £34,727 £28,506
£11,242
£112,692 £10,993
£96,516 £1,674,544
hesitate to contact:
THE KING’S ROYAL HUSSARS REGIMENTAL TRUST ACCOUNTS SUMMARY 2022 - 2023
BALANCE SHEET AS AT 31ST MARCH 2023
31 Mar 23
31 Mar 22
£1,475,923 £198,621
£80,220 £36,643 £15,398
£12,292
£91,536 £5,932
£39,619 £1,612,424
NET ASSETS
£1,571,910
£1,674,544
INCOME AND EXPENDITURE SUMMARY FOR THE ABOVE PERIOD
INCOMING AND ENDOWMENTS FROM
TOTAL
£128,809
£132,261
EXPENDITURE ON
Total
£134,927
£109,760
NET INCOME/EXPENDITURE
£102,634
£62,120
RECONCILIATION OF FUNDS
TOTAL FUNDS CARRIED FORWARD
£1,571,910
£1,674,544
