Company number: OJ135360 Charity number.. 1052471 Annual Report and Accounts Cavalcade of Costume Limited K/A Blandford Fashion Museum For the year ended 31 December 2025
Contents Reference and Administrative details Trustees, Annual Report (including D1CtOrS, Report) Independent Examiner's Report statement of Financial Activities Balance Sheet io Accounting Policies 12 Notesto the Accounts 16 Charity Funds 17 Detailed Statement ol Financial Activities AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page2oli8
Reference and Administrative details Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 TrusteeslDirectors Dr Helen Margaretwalter. Chair IResigned 19 June 20261 Rebecca Lucy Pride, Deputy Choir Anya Glinski Rebecca Clare Mitchener R05emaryJill Holmes Dr Miriatn Phelan John Lindlar Sarah Stevens IResigned 18 December20251 Stella Walker (Resigned 28 April 20251 Secretary Rebecca Lucy Pride (Appointed 2 Decefflber 20251 Ex Officio Appointees Blandfortl Town Countil Cllr Colin Stevens Cllr Margaret Putt Principal addresslRegistered office address Lime Tree House. 11 The Plocks, Blandford Forurn, Dorset. United Kingdorn, DTII 7AA Company registered number 03135360 Registered charity number 1052471 Independent Examiners CBA Services Litnited 45 East Street, Blandlord Forum, DTII 7DX Bank National Westminster Bank PIC The Commons, Shaftesbury, Dorset, SP7 8JY Investment Managers CCLA Investment Management Limited OneAngel Lane, London. EC4R 3AB AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page3oli8
Trustees, Annual Report (including Directors, Report) Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 The trusteesldirectors PSent their report and financial statementsforthe yearended 31 December 2025. Objectives and activities Purpose To provide for the advancement of public education a museum forthe display of costumestogether with such otherexhibits or items of social historical or othereduc3tion31 interest from time to time. Actlvltles The charity 3dvances public education through the operation of B13ndford Fashion Museurn, preserving and interpreting historic C05turne, textile5 and related Social history collection5. During 2025 the Museum delivered exhibition5, lecture5. workshops, educ3tion313ttivities and community events, while also making collections 3tcessible through 103ns, research opportunities and partnership projects. These activities increased public understanding of fashion history, heritage and tradition31 craft skills and provided learning opportunities lor people of all age5. Volunteers Volunteers continued to play a vital role in the delivery of the charity's objectives, supporting visitor seNices, exhibitions, collections management, educational activities, retail operations and governance. The Museum was supported by approximately 40 active volunteers duringthe year, including Trustee5, whose contribution enabled the charity to maintain public access to itscollections and deliver a wide range of activities despite limited resources. The Trustees are grateful forthe commitment, expertise and enthusiasm shown byvolunteers throughoutthe year. Public benefit The trusteesldirettors confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission lor England and Wales. Achievements and performance 2025 wa5 3 yearol significant achievement and organisational developmentfor Blandford Fashion Museum. The Museum successfully achieved reaccreditation under the Arts Council England Museum Accreditation Scheme, providing independent confirmation that it continues to meet recognised standards in governance, collections managernent, public service and forward planning. Alongside this achievement, the Trustees strengthened the organisation's resilience and sustainability through the adoption ol a new Forward Plan, irnprovements to fin3ncial oversight, implernentation ol enhanced collections rnanagement procedures and the restructuringof keyoperational roles. The former Curator role was successfully divided into separate Collections Manager and Operations Manager positions, creating greater organisational capacity and reducing reliance on 8 single individual. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page4oli8
Trustee5'Annu31 Report lincludingDIrtO. Repo The Museum continued to delivera varied programme ol exhibition5, learning activities and community engagement opportunitie5. During the year, 2.473 visitors and participant5 engaged with exhibitions, events, talks and work5hop5. The major temporary exhibition, Power Dressing, explored the relationship between fashion, textiles and social influence, while continuing displays and refreshed galleries encouraged repeatvisits 2nd widerengagementwith the collection. The charity continued to provide significant public benelitthrough education and outreach. Lectures, practical workshops, school and university partnership5. work placetnents and community events increased public understanding of fashion history. textiles and Social history. The Museum also supported ski115development through collaborations with Arts Univer51ty Bournemouth and local students. Collections care and access remained central to the charity's work. Progres5 was made in improving collections documentation through the MODES collections management system, while conSeation projects, includingthe reconstruction ol a rare eighteenth-century dress, enabled the Museum to balance preservation with public access and educational engagement. Partnership working further extended the Museum's reach. Loans to Dorset Museum en3blÈd more than 15,500 visitors to view objects from the collection, while the successful development olthe National Lottery Heritage Fund-supported Fashioning Our Future project established new opportunitiesforfuture exhibitions, learning activities and audience development. TheTrustees considerthatthese achievements have strengthened the Museum's ability to preserve and share its collections, 3dv3nce public education and ensure the long-term sustainability of the charity for the benefit of current and future generations. Financial Review Financial position The 2025 financial year waschallenging, with an overall deficit of £5k. Although total incorneforthe yearappear5 higherthan in the previou5 year, thi5 reflectsthe receipt of one-off projectgrants. Excluding these grants, underlying income was £20k12024.. £27kl, representing a decrease from the prior year. Adjusted expenditure. excluding one-off project activity, wa5 £39k12024.. £57kl. The reduction reflects thefactthatthe costs ol the Facilities and Collections contractors relatingto specific period5 of work werefunded through project grants duringthe year. Fortunately, no expenditurewas required on roof leak repairs in 2025. However, the £7k invested in advertising did not generate a corresponding increase in visitor nurnbers to the rnu5eum. In response, the Trustees have reviewed the marketing str3tegy and will adopt a more targeted digital approach goingforward. The depreciation charge of £lk12024-. £2kl returned to a more normal level followingthe write-oflol obsolete assets in the previousyear. Followingthe yearend, the accountingsoftware was upgraded to ensure compliance with relevant regulatory requirements and to provide the Board with monthly management accounts and financi31 forecasts, supporting effective governance and decision-making. Re$etves The rnuseum's ongoing3irn isto hold approximately51X months expenditure in reserves and a small fund lor urgent unbudgeted repairs. The amountol reserves held atthe year end was £20.000. Due to the current financial challenges, no reserve is currently maintained for unbudgeted urgent repairs. these are be funded within current eKpenditure. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum PageSoli8
Helen Margaret Walter (Jun 19, 2026 09:45:39 GMT+1)
Independent Examiner's Report Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 Independent examiner's report to the trustees of Cavalcade of Costume Limited I report to the charity trustees on rny exarnination of the accounts ol Cavalcade olcostume Limited Ithe"Company"I for the year ended 31 December2025 as set out on pages 8 to 16. Responsibilities and basis of report As the Charity's trustees of the Company Iwho are also the directors of the Company forthe purposes of company lawl, you are responsible for the preparation olthe accounts in accordancewith the requirements ol the Companie5 Act 20061"the 2006 Act'l. Having satisfied myself that the accounts olthe Company are not required to be audited lorthisyear under Part 16 olthe 2006 Act and are eligible for independent examination. I report in respect ol my examination of yourcharity's account5 as carried out under section 145 of the Charities Act 20111 the 2011 Act). In carrying out my examination, I have followed 311 the Directions given bythe Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm th3t no material matters have come to my attention which gives me cause to believe that in, any material respect.. accounting recordswere not kept in accordance with Section 386 olthe Companies Act 2006., or the accounts did not accord with such records., or the accounts did not comply with relevant requirements under section 396 of the Companies Act 2006 otherthan any requirement that the accounts give 3'true and fair, view which is not a matter considered 3s part of an independent examination., or the accounts have not been prepared in accordancewith the Charities SORP IFRS1021. I have no concerns and have come across no other matters in connection with the exatnination towhich attention should be drawn in this report in orderto enable a proper understanding ofthe accounts to be reached. C.atherine..Chapman.lJun..1.9.-202 08 17 02GMT+11 Catherine Chapman ATTIFellowl MIAB Association of Taxation Technicians CBA Services Limited 45 East street Blandford Forurn DTII 7DX 19 June 2026 AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page7oli8
Statement of Financial Activities Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 NOTE5 UNRESTRICTED RESTRICTED 2025 2024 Income and Endowments Donations 3nd legacies 20,036 37,919 57,955 28,397 11.108 11,IOB 12.9FO 11.799 11,799 11.3S2 Investments 1,123 1,123 1,117 Other 1,331 1,331 685 Total income and endowments 45,397 37,919 83,316 64,521 Expenditure 6.055 6,055 4.807 35.572 13,021 48,593 51.835 National Lottery Heritage Fund Totalexpenditure 32,911 31,879 6,192 40.595 45,932 86,527 62.834 Net incomellexpenditurel before investments gainslllossesl 4,802 18,0131 13,2111 1,687 Income from fixed asset investments GainllLossl On Investmenis Totsl Incomefrom fixed asset investments 1,607 11,8321 11,8321 1,607 Net incomellexpenditurel 2.970 18.0131 15,0431 3.294 Transfers Transfer Between Funds 500 TotslTransfers 500 Net movement in funds 3,470 18.5131 15,0431 3,294 NOTES UNRESTRICTED RESTRICTED 202S 2024 Reconciliation of funds Total funds broughtforward Total funds carried forward 64,526 267.621 332.147 328,853 13 67,996 259,108 327,104 332,147 AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page8oli8
Helen Margaret Walter (Jun 19, 2026 09:45:39 GMT+1)
Accounting Policies Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 Basis of accounting These accounts have been prepared underthe historical c05t convention with item5 recognised at cost ortransaction value unless otherwise stated in the relevant noteslsl to these Jccounts. The accounts have been prepared in accordance with the Statement ol Recommended Practice.. Accounting and Reporting by Charitie5 preparingtheiraccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFR51021 issued on 16 July 2014,. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021,. and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRSIO2. Going concern Thetrustees/directors considerthatthere are no material uncertainties that cast significant doubt on the charity's abilityto continue as a goingconcern. Recognition of income Income is included in the Statement of Financi2lActivities ISOFAI when the charity becomes entitled to the resources. it is more likely than notthatthe trustees will receivethe re50urces' and the monetaryvalue can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses. unless required or permitted bythe FRS 102 SORP or FR 102. Grants and donation5 Grant5 and donation5 are only included in the SOFA when the general income recognition criteria are met. Government grants The charity ha5 received government grants in the reporting period. Tax reclaim on donations and gifts GiftAid ceIvable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift 2nd is treated as an addition to the same fund as the initi31 donation unless the donor of the terms ol the appeal have specified otherwise. Volunteer help Thevalue ol any voluntary help received is not included in the accounts but is described in thetrustee's annu31 report. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum PagelOoli8
Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Settlement of insurance claim5 Insurance claims are only included in the SOFA when the general income recognition criteria are met and are included as an item ofother income in the SOFA. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to marketvalue at the end of the year. Tangible fixed assets for use by the charity These are capitalised ilthey can be used lor more than oneyearznd cost at least £1,000. They arevzlued at cost. The depreciation rate5 and method5 Used are a5 follows.. Account Method Rate No depreciation NIA Equipment No depreciation NIA Improvernents Straight Line Stock5 and work in progress Goods or services provided as part of a charitable activity are measured at net 311$able value based on the service potential provided by items of stock. Current asset investments These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes ratherthan to meet short term cash commitments as they fall due. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Pageiioli8
Notes to the Accounts Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 UNRESTRICTED RESTRICTED 2025 2024 l. Donations and le Donations acies 7,070 7,070 4,630 Friends 995 995 1.025 GiftAid Reclaim 60 Grants 11,911 37,919 49,830 32,742 Total DonatSonsand legacSes 20,036 37,919 57,955 38,397 UNRESTRicfED RESTRICTED 2025 2024 2. Charitable activities Admission Fees 7,102 7,102 7,954 Exiernal Lectures 2,539 2,539 2,840 Intemal Lectu5 403 403 445 ReTniniscence Boxes 72 72 io Visits Bronze 732 732 1,323 school Workshop5 Totsicharitableactivities 260 260 398 11,108 11,108 12,970 UNRESTRitrfED RESTRICTED 2025 2024 3. Othertradin activities FundraisinglncoTne Shop Sales Tea Room Sales 1,092 1,092 45 2,612 2,612 3,089 7,845 7,845 8,218 Room Hire 250 250 Totslothertradingactivlties IL,799 11,799 11,352 UNRESTRICTED RESTRICTED 2025 2D24 4. Investments Investment IDcDTne 850 850 827 273 273 290 Totsl Investments 1.123 1.123 1,117 All incorne in the prioryear was unrestricted exceptforgrant income totalling £20.942. MRESTRICTED RESTRICTED 2025 2D24 5. Government Grants Blandford Forum Town Council- SeNicÈ LevelAgreement Dorsetcouncil-operational Support Dorsetcouncil-culture and Community TotalGovtrnment Grants 2,500 2,50D 9.000 3.000 4,500 11,500 Lo,ooo AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page12oli8
Note5totheAccounts UNRESTRICTED RESTRICTED 202S 2D24 6. Raisin funds Fundraising Expenses Shop Purch35es Tearootn Purchases 181 181 2,671 2,671 1,4TF 3.2D3 3,203 3,330 Total Raisingfunds 6,055 6,055 4,807 UNRESTRICTED RESTRICTED 2025 2024 7. Charitable activitie5 Museum Archiving and Storage costs Costumeconservation 106 106 24 1,250 604 681 796 Events&Trips 54 1.160 557 1,488 2,045 1,275 Lecture5&Work5hops Costs Total Museum 2.310 3,104 321 2,631 5,517 1.732 6,237 2,413 Subcontractor5&volunteers 712 2,500 3,212 1,475 1,475 Operations Manager (Curatorl General Expenses Trustee& Nlan3gement Expenses Volunteer Expen5e5 Total Subcontractors &volunteers 1,195 8,108 9,303 14,731 io io 54 376 40T 407 IIT 3.853 10,808 14.461 L5.224 Premises costs Cleaner 1,646 1,646 1,093 1,093 2,262 R3tes 2,215 2,215 962 Light, Power, Heating Total Premises costs 6,632 11.586 6,632 11.586 4,952 8.176 Re air5& maintenance Equipment Purchaseg Fire&A13rm Maintenance 778 479 479 1,476 Repairs & Maintenance 3.753 3,753 2.856 Roof Leak Repairs Total Repair5& maintenance 5,893 11,003 4.232 4,232 Adverti5ing& Marketing 6,604 6,604 3,378 AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page13oli8
Note5totheAccounts NRESTRICTED RESTRICTED 2025 2024 Officecosts Telephone& Internet IT SoftwareAnd Consumables 896 896 895 324 324 216 Printing & Stationery 549 549 414 414 Adtninistration Costs Total Offlcetosts 1.752 2,863 2,183 2,183 Bank Fees 239 239 al& professionalfees Audit&Actountoncy Fees T5 75 2.777 2,852 2,777 2,852 2.704 2,826 Total Legal&professional fees Depreci3tion Expense TotalCharftableactlvltSes 920 920 2,128 35,572 13,021 48,593 51,835 All expenditu in the prior yearwas unrestricted except for museum activities totalling£l,851 and National Lottery Heritage Fund totalling £5,160. UNRESTRicfED RESTRICTED 2025 2024 8. Details of certain items of expenditure Independent Examination Total Detai150f certain item50f expenditure 75 75 122 75 75 122 9. Tangible fixed assets Equipment Improvement$ Byilding$ Total Cost or valu•tlon A5 at l January 2025 30,336 23,431 230.000 283.767 Additions Disposals 124,8521 124,8521 As at 31 De¢ember2025 5,484 23,431 230,000 258,915 Doprèciation and impairment A5 at l January2025 29.046 29,1)46 Charge foryear 920 920 On disposals 124,8521 124,8521 As at 31 De¢ember2025 5.114 5.114 Net bookvalue As at 31 December2025 370 23,431 230,000 253,801 As at 31 December2024 1,290 23,431 230,000 254,721 AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page14oli8
Note5totheAccounts UNRESTRICTED RESTRICTED 202S 2D24 10. Stocks Shopstock Tot3lStocks 1,523 1.523 2,767 1.523 1.523 2,767 UNRESTRICTED RESTRICTED 202S 2D24 11. Current asset investments CCLACOIFAc¢umulation Units 18,976 18.976 19,353 CCLACOIF Income Units 28,938 28,93B 30,393 Totalcurrenta5set investments 47.914 47.914 49.746 UNRESTRicfED RESTRICTED 2025 2024 12. Cash at bank and in hand 35 Day Sa¥ing5Aciount Bu5ine55 InstantSaverAccount 12,495 12,495 7,193 5.308 5,308 5.125 CurrentAccount 385 5.677 6,062 12,595 Totslcash at bank and in hand 18,189 5,677 23.866 24,913 13. Charity funds Charity funds as show on page IS. 14. Transactions with trustees and related parties There have been no related party transactions in the reporting period. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum PagelSoli8
Charity Funds Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 BROUGHT FORWARD INCOME EXPENDITURE TRANSFERS GAINS& LOSSES CARRIED FORWARD 2025 Unrestricted Gener31 60,668 43,492 140,4891 500 11,B321 62,339 Desi ated ConseNotion 3,858 3,858 1,905 1,905 5,657 5,657 Total DesSgnatsd Total Unrestrlcted 64,526 45,397 140,5951 500 11,8321 67,996 Restricted 253,431 253,431 2,890 1,465 122501 14.190 22,579 Sali5bLJry Total Restricted 12,450 37,919 15,98BI 145.9321 6,462 259,108 267,621 15001 Tots12025 332,147 83,316 186,5271 11,8321 327,104 BROUGHT FORWARD CARRIED FORWARD INCOME EXPENDITURE TRANSFERS GAINS& LOSSES 2024 Unrestricted General 66,249 41,727 148,6561 I,60T 60.668 Desi ated Conservation 3.280 1,852 112741 3.858 Roof 5,893 9,173 15,8931 Total Designated 1.852 3.858 Total Unrestricted 75,422 43.579 155.8231 12591 1.607 64.526 Restricted Aim 2024 1,192 112881 96 253,431 253,431 Projector 400 163 19,350 20.942 14,190 267.621 Total Restricted 253,431 17.0111 259 Tota12024 328,853 64,521 162,8341 1,607 332,147 l. Designing a resilient future The remaining income ol f2,250 for the Deigning a resilientfuture fund (Resiliencel was received on 23 March 2026. AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page16oli8
Detailed Statement of Financial Activities Cavalcade of Costume Limited KIA Blandford Fashion Museum For the year ended 31 December 2025 U-GENERAL CONSERVAnON R-RADCLIFFE R-RESIL'CE R-SALISBURY 2025 2024 Income Donations 7,070 7,070 4,630 Friends 995 995 1,025 GiftAid Reclaim 60 60 Grants 11,911 2,890 22,579 12,450 49,830 32,742 AdMilOn Fees 7,102 7,102 7,954 Visits Bronie 732 732 1,323 Shopsales Tea Room Sales 2,612 2,612 3,089 7.845 7,845 8.218 Other Income 1,331 1,331 685 273 273 290 Investment Income School Workshops Reminiscence Boxes Intemal LectLJres 850 B50 827 260 260 398 72 72 io 4D3 403 445 Income External Lectures 1,092 1,092 45 2,539 2,539 2,840 Room Hire 25D 250 Totsl Income 43,492 2,890 22,579 12,450 83,316 64,521 Expenditure Tearoom Purthases Shop Purchases Costume Conservation Archivingand Storagecost5 3.203 3,203 3.330 2,671 2,671 1,477 1,250 106 106 24 Display Costs Education 557 1,488 2,045 1.275 77 604 681 796 Evenis & Trips Lectures & Workshops Cost5 Advertising& Marketing Audit & A¢count3nty Fees Bank F 54 1,160 2.310 321 2,631 1.732 6.604 6,604 3,378 75 75 122 239 239 Cleaning 1.093 1,093 2.262 Expense General Expenses 920 920 2,128 io io AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page17oli8
Detailed St3tementof Fin3nci3lActiwtie5 U-GENERAL CONSERVAnON R-RADCLIFFE R-RESIL'CE R-SALISBURV 202S 2024 Costs 1,752 Ingurance 2.777 2,777 2.704 Light. Power, Heating Printing& ststionery IT Softw3reAnd Consumables Rates 6,632 6,632 4,952 549 549 324 324 216 2.215 2,215 962 Equipment Purchases Fire &A13rm Maintenance Roof Leak Repairs Repairs& M¥intenance Operations Manager 778 479 479 1,476 5,893 3,753 3,753 2,856 1.195 6,108 2.000 9.303 14.731 Cleaner 1,646 1,646 TrusteÈ& Management Expenses 54 376 Curator 712 2,500 3,212 Manager Volunteer Expenses 1.475 1,475 407 407 117 414 414 Telephone & Intemet NHLF Project Consultanty Cosis 896 896 895 11,0321 32.911 31,879 6.192 Expenses Totsl Expenditure 181 IBI 40.489 106 925 39,019 5,988 86,527 62.834 Net Income before Investments 3,003 1,799 1,965 116,4401 6,462 13,2111 1,687 Investments Inves¢ments 11,8321 11,8321 1,607 Net Income 1,171 1,799 1,965 116,4401 6,462 15,0431 3,294 Transfers Transfer Between Funds 500 Net Movements in Funds L.671 1,799 1.465 116A401 6,462 15,0431 3.294 AnnualReportand Accoufflts Cavalc8deofC¢stume Limited KIABlandlord Fashion Mjseum Page18oli8