FALKLANDS VETERANS FOUNDATION - COMPANY NO. 4585276

Registered Charity No. 1094950  - 167 Stoke Road, Gosport, Hants., PO12 1SE.

ACCOUNTING REFERENCE DATES (ARD) – 1 st JANUARY 2005 TO 31 ST DECEMBER 2005

NOTES FORMING PART OF THE STATEMENT OF FINANCIAL ACTIVITIES

AND BALANCE SHEET

i. Accounting Process

The bases of preparation of accounts have been prepared in line with HSBC bank statements numbered 31 to 46 during the ARD and in accordance with the Statement of Recommended Practise, Accounting and Reporting by Charities plus other applicable accounting standards.

ii. Incoming Resources

Al l income received is from donations and is accounted for on an accrual basis. Each individual donation received is acknowledged and recorded via reconciliation to the appropriate or relevant monthly bank statement.

iii. Expenditure

Payments are made as instructed either via the Trustees or communicated verbally or in writing from the Chief Executive, Mr Derek ‘ Smokey ' Cole. Where possible, receipts and acknowledgements or written confirmation are obtained in support of any expenditure or instruction regarding payments if made by Mrs Lyn Heyhoe the FVF's Treasurer & Company Secretary.

1. Donations – Unrestricted Funds

This amount is made up by the generous effort and contribution of those who obtained support and sponsorship via the following activities i.e. Cap Tally Tying (£635.00), Elle J Ball (£4,121.50), HMS SULTAN Cabaret Night (£1,290.00), Gosport Borough Council Freedom Weekend (£1,664.00), Polo Shirts (£125.00), HMS SULTAN RN Style Horse Race Evening (£3,605.00), and a multitude of various miscellaneous donations amounting to * £5,257.01.

The FVF particularly recognises all those donations, large and small, but for the purpose of accounting listed are those * donations included in this amount in excess of £200.00 which are: - N. Hampson c/o The Junction Inn St Denys (£400.00), HMS INVINCIBLE Paying Off Raffle (£1,442.00), RM Chiverton Dinner c/o WO2 Cliff Williams (£306.38), Paul Hooper (£500.00), Solent Football League (£542.35), Kay Stewart (£225.00), David son High School (£250.00), HMS SULTAN Boxing Night Raffle (£500.00) and Gilly Gilchrist MBE Great South Run (£225.00).

1. Donations – Restricted Funds

a. The 1/6 th UK Collectors Club gave a total donation of £195.00 for the specific use and purchase of kitchen equipment i.e. a cooker (or the cost towards the purchase of a cooker) when the building project in Stanley , Falklands Island was completed.

b. The Gosport Ferry Company donated £2,500.00 for the specific purpose of the Freedom of the Borough of Gosport (FOTBOG) event held on Wednesday 24 th August 2005 .

c. The Horace Moore Trust supported FOTBOG by donating restricted funds totalling £3,500.00.

d. £415.99 received in respect of support for payment of the FVF Office i.e. Rent & BT costs.

2. Grants Received

No grants were obtained or received during this ARD period.

3. Miscellaneous Income – Unrestricted / Nil Restricted

Interest gained through the FVF 's HSBC Bank plc monthly account balances during the ARD, totalling an amount of £118.74 and a refund from Carphone Warehouse.

4. Cost of Generating Income

Various expenditure was incurred to accrue a net profitable income and is substantiated by the following breakdown:- £3,509.34 (divided – see note 5 * £1,000.00 and see ** ARD 2004 carried forward £1,970.00),

£750.00 for HMS SULTAN Cabaret Nights i.e. Acts and Venue (including staff hire) and £150.00 (Polo Shirts).

5. Donations made

There was one donation made during this ARD period in support of the RNH Haslar Breast Care Cancer Unit which derived it's funding from the Elle J Ball.

6. Office Support Costs (Unrestricted & Restricted)

Using Restricted Funds (£400.00) donated corporately for the FVF Office and a refund of BT Internet charges (£15.99). Unrestricted Funds accounted for the office Liability & Insurance Cover (£283.44), BT Telephone Calls & Internet Charges (£773.94), ‘Refill' Centre (£10.00) and office rent (£850.00).

7. Administration & Expenses

Unrestricted - Financial expenditure was made up as follows: - Flight Cost to the Falklands Island (FI) by FVF CEO Derek Cole (£1,176.00), picture donated to FI SAMA82 (£55.85), UK SAMA82 Newsletter insert (£587.50), print & production of Freedom of the Borough of Gosport Certificates (£269.96 & -78p Food overflow) reimbursement of expenses for L. Heyhoe (£146.41) and Colin Waite (£120.00), Lottery Grant meeting i.e. travel expenditure D. Cole & C. Waite (£81.50), Companies House registrations (£30.00 & £15.00) Grand National 2004 raffle payout (£5.00) and Blake Lapthorne legal fees for lease of FI land (£293.75).

Restricted – Freedom of the Borough of Gosport Wednesday 25 th August 2005 cost for providing Toilets (£552.25), Catering (£2,000.00), Beverages (£691.90), Nexus Security (£412.50) and Ghurkha Band (£729.09).

FOTBOG Cabaret evening Tuesday 24 th August 2005 held at HMS SULTAN - cost for venue including bar staff (£705.04) and catering (£909.22).

8. Total Resources Expended – Unrestricted Funds

Derived from the addition of Notes 4. + 5. + 6. + 7.

Balance Sheet

As agreed to HSBC Bank plc Statement No. 46 as at 31/12/2005 (£29,707.66).

Signed: Lyn Heyhoe Signed: Nicky Cobon

Mrs L Heyhoe Miss N Cobon

Treasurer and Passed Finalist Management Accountant

Company Secretary Auditor

Date: 5 th September 2006 Date: 5 th September 2006