Page 124 - Chronicle Vol 17

THE RIFLES OFFICERS FUND (CHARITY NUMBER 1025591)
Income in 2023 was £41,970 (£35,687) of which £41,967 (£35,678) was investment income. Expenditure totalled £45,353 (£41,095) of which grants to the benefit of individual officers, or their widows totalled £5,947 (£4,502). Further grants for officer activities amounted to £20,222 (£11,614), this includes temporary salary costs to cover the Officer recruiting post until civil service recruitment recom- mences. Grants to battalions of £1,500 (£2,500), property/presentation manage- ment, governance, insurance and auditor’sfees totalled £7,681(£7,479) and £10,000 (£15,000) was transferred to the Iceberg fund.
As at 31 December 2023 the fund had a value of £2,075,060 (£1,987,050).
CHARITY ACCOUNTS
The figures shown above are provisional and subject to any audit adjustments identified by the auditors. Full accounts for all three of the Regimental Charities will be published upon completion of their audit and they and previous audits can be viewed on-line via the Charity Commission website at www.charity-com- mission.gov.uk.
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