2022-12-31-accounts

				Page
Legal and administrative		information
Trustees' report				2-10
Independent	auditors'	report		11-14
Consolidated	statement	offinancial	activities	15
Consolidated	balance sheet			16
Charity balance sheet				17
Consolidated	statement	ofcash flows		18
Notes to the	financial statements			19-37

Trustees				Lt Gen Sir Andrew	Ridgway,	Ridgway,	KBECB DL
				Mr William Bannister
				Mr Steve Rowbotham
				Mr David Webb
				Mr William Suttie
				Ms Kate Adie, OBE		DL
				Mr Anthony Woodhouse
				Mr Alexander Walters
				Mr Oliver Barnham
				Col Crispin Lockhart		MBE ADC (resigned 19.05.22)
				BrigJonathan Swift		OBE (resigned 19.05.22)
				Col Jason Williams
				Mrs Yun Sun Choi
				Ms Andrea Bishop
				Col Nicholas Serle (appointed			19.05.22)
				Col Patrick Williams		MC ADC	(appointed 19.05.22)
Secretary				Paul Dolan
Company	registered		number	04962619
Charity Commission
registration		number		1102661
Registered		oNce		Bovington Camp
				Wareham
				Dorset
				BH20 6JG
Museum	Director			Richard Smith OBE
Auditors				Saffery Champness		LLP
				Chartered Accountants
				Midland House
				2 Poole Road
				Bournemouth
				BH2 SQY
Investment		advisers		Investec Wealth and			Bankers	Barelays
				Investment				Tagus House
				30Gresham Street				Southampton
				London				Hampshire
				EC2V 7QN				50142ZP

				Restricted	Endowment	Unrestricted	Total funds	Total funds
				Funds	Funds 2022	Funds	2022	2021
				2022		2022
			Note	E		E
Income from:
Donations, legacies grants		and		619,620		1,532,815	2,152,435	2,315,867
Other trading activities						3,188,194	3,188,194	2,736,415
Investments						37,507	37,507	4,804
Charitable activities						2,710,519	2,710,519	2,182,246
Total income				619,620		7,469,035	8,088,655	7,239,332
Expenditure on:
Raising funds						3,241,256	3,241,256	2,471,348
Charitable activities				677,170		3,613,299	4,290,469	3,667,062
Total expenditure				677,170		6,854,555	7,531,725	6,138,410
Net income investment gains	before			(57,550)		614,479	556,929	1,100,922
Net (loss)/gain investments		on			(175,379)	(484,021)	(659,400)	653,910
Net (expenditure) /income before transfers				(57,550)	(175,379)	130,458	(102,471)	1,754,832
Transfers between	funds			(20,471)		20,471
Net movement in funds				(78,021)	(175,379)	150,929	(102,471)	1,754,832
Reconciliation offunds:
Total funds at 1 January				11,318,597	1,475,617	14,927,280	27,721,494	25,966,662
2022
Total funds at31			17	11,240,576	1,300,238	15,078,209	27,619,023	27,721,494
December 2022

				2022		2021
		Note		f		E
Fixed assets
Tangible assets				17,684,360		18,014,632
Investments		12		5,423,209		6,069,510
				23,107,569		24,084,142
Current assets
Stocks		14	451,255		466,456
Debtors		15	454,947		365,277
Current asset investments		12	1,077,930		1,164,220
Cash at bank and in hand			3,166,180		2,349,283
			5,150,312		4,345,236
Creditors:
Amounts falling due within one year		16	(638,858)		(707,884)
Net current	assets			4,511,454		3,637,352
Total assets	less current liabilities			27,619,023		27,721,494
Represented	by:
Designated	funds	17		10,163,646		10,496,528
Restricted funds		17		11,240,576		11,318,597
Endowment	funds	17		1,300,238		1,475,617
Unrestricted	funds	17		4,914,563		4,430,752
Total funds				27,619,023		27,721,494

				2022		2021
		Note		f		f
Fixed assets
Tangible assets				17,684,360		18,014,632
Investments		12		5,423,211		6,069,512
				23,107,571		24,084,144
Current assets
Stocks		14
Debtors		15	703,870		541,163
Current asset investments		12	1,077,930		1,164,220
Cash at bank and in hand			2,671,502		1,954,753
			4,453,302		3,660,136
Creditors:
Amounts falling due within one year		16	(426,188)		(491,031)
Net current	assets			4,027,114		3,169,105
Total assets	less current liabilities			27,134,685		27,253,249
Represented	by:
Designated	funds	17		10,163,646		10,496,528
Restricted funds		17		11,240,576		11,318,597
Endowment	funds	17		1,300,238		1,475,617
Unrestricted	funds	17		4,430,225		3,962,507
Total funds				27,134,685		27,253,249

					Note	2022f	2021 f
Net cash	provided by operating activities				19	1,123,787	2,150,511
Cash flows from investing		activities
Dividends,	interest and rents from investments					37,507	4,804
Purchase	of property, plant	and equipment				(417,587)	(651,080)
Disposal ofinvestments						73,190
Purchase	of investments						(801,870)
Net cash	used in investing	activities				(306,890)	(1,448,146)
Cash flows from financing		activities
Repayments ofborrowlngs
Net cash	used in financing	activities
Change	in cash and cash	equivalents		in the		816,897	702,365
reporting	period
Cash and	cash equivalents	brought	forward			2,349,283	1,646,918
Cash and	cash equivalents	carried	forward		20	3,166,180	2,349,283

		Restricted	Restricted	Unrestricted	Total funds	Restricted	Unrestricted	Total funds
		funds 2022 f		funds 2022f	2022 f	funds 2021 f	funds 2021f	2021 f
Donations		333,265		279,743	613,008	25,561	315,978	341,539
Legacies							2,556	2,556
Grants		286,355		315,414	601,769	568,601	593,124	1,161,725
Gifts in kind				937,658	937,658		810,047	801,047
Total		619,620		1,532,815	2,152,435	594,162	1,721,705	2,315,867
ading activities
						Total funds		Total funds
							2022	2021
							f	f
Charity trading		income
Turnover							3,188,194	2,736,415
							3,188,194	2,736,415
Fundraising	trading expenses
Cost ofsales							1,693,570	1,458,412
Administrative		expenses					365,011	164,072
Salaries and	overheads						646,702	646,702
							2,705,283	2,269,186
Net income	from trading		activities				482,911	467,229

Total	funds	Total	funds
	2022		2021
	f		f
	37,507		4,804

Primary	purpose	trade
Ancillary	trade

Total funds	Total funds
2022	2021
f	E
2,521,656	2,026,566
188,863	155,680
2,710,519	2,182,246

Current year	Current year		Staffcosts	Other direct	Support costs	Governance	Total 2022
			(Note 10)	costs	(Note 7)	costs
Expenditure		on raising funds
Fundraising				16,776	29,068		45,844
Publicity and		advertising		205,018			205,018
Fundraising	trading		805,383	2,148,681			2,954,064
			805,383	2,370,475	29,068		3,204,926
Investment	costs
Generation		ofincome		36,330			36,330
Expenditure		on charitable
activities
Primary purpose trade			62,070	1,162,816	2,084,840	43,085	3,352,811
Intangible	expenditure			937,658			937,658
			62,070	2,100,474	2,084,840	43,085	4,290,469
Governance				14,017	29,068	(43,085)
			867,453	4,521,296	2,142,976		7,531,725
Support staff costs			1,747,308		(1,747,308)
			2,614,760		395,668

Prior Year	Prior Year	Staff costs	Other direct	Support costs	Governance	Total 2021
		(Note 10)	costs	(Note 7)	costs
Expenditure on raising funds
	Fundraising		19,785	23,106		42,891
	Publicity and advertising		115,724			115,724
	Fundraising trading	696,879	1,572,307			2,269,186
		696,879	1,707,816	23,106		2,427,801
	Investment costs
	Generation ofincome		43,547			43,547
	Expenditure on charitable
activities
	Primary purpose trade	61,303	1,124,266	1,634,988	36,458	2,857,015
	Intangible expenditure		810,047			810,047
		61,303	1,934,313	1,634,988	36,458	3,667,062
	Governance		13,352	23,106	(36,458)
		758,182	3,699,028	1,681,200		6,138,410
	Support staff costs	1,282,775		(1,282,775)
		2,040,957		398,425
7	Support costs
	Current year	Costs ofgenerating		Governance	Primary purpose	Total 2022
		voluntary	income
			f	f	f	f
	Staff related costs		1,044	1,044	102,341	104,429
	Other costs		3,441	3,441	284,356	291,238
	Wages and salaries		21,575	21,575	1,403,342	1,446,492
	National insurance		1,967	1,967	192,768	196,702
	Pension cost		1,041	1,041	102,032	104,115
			29,068	29,068	2,084,839	2,142,976

Prior Year		Costs	ofgenerating	ofgenerating	ofgenerating	Governance	Primary purpose	Total 2021
		voluntary		income
					f	f	E	f
Staff related costs					651	651	63,777	65,079
Other costs					3,340	3,340	280,694	287,374
Wages and salaries				17,048		17,048	1,087,919	1,122,015
National insurance					1,445	1,445	141,640	144,530
Pension cost					622	622	60,958	62,202
				23,106		23,106	1,634,988	1,681,200
e support costs	allocation	has been based			on employee	numbers.
rnover
turnover arose in the United			Kingdom.
t incoming resources
This is stated	after charging:
							2022	2021
							f	f
Depreciation	oftangible	fixed	assets:
-owned	by the charitable		group				862,224	747,731
Auditor's remuneration		—audit					19,800	17,350
		—non	audit	services			1,350	1,200

Staff costs were as follows:	2022f	2021 f
Wages and salaries	2,301,345	1,826,588
Social security costs	205,131	150,444
Other pension costs	108,284	63,925
	2,614,760	2,040,957

			2022	2021
			Number	Number
Museum	staff		92	78
Administration		staff	1	1
			93	79

		Assets in		Furniture
		the course of		fittings &
	Buildings	construction	Displays	equipment	Total
Group	f	f	f	f	E
Cost
1January 2022	21,380,010	10,773	3,192,437	3,263,734	27,846,954
Additions	79,166	295,140	9,599	150,134	534,038
Disposals	(2,087)		(65,007)		(67,094)
Transfers
31December 2022	21,457,089	305,913	3,137,029	3,413,868	28,313,899
Depreciation
1January 2022	5,429,127		2,781,698	1,621,497	9,832,322
Charge for the year	566,994		154,714	140,516	862,224
On disposals			(65,007)		(65,007)
31December 2022	5,996,121		2,871,405	1,762,013	10,629,539
Net book value
31December 2022	15,460,968	305,913	265,624	1,651,855	17,684,360
31December 2021	15,950,883	10,773	410,739	1,642,237	18,014,632

			Total 2022	Total 2021
			Number	Number
Documents	&60%completed		62,455	60,650
Journals			2,628	2,596
Maps/technical		drawings	4,296	4,173
Photographs		and images	263,000	263,000
Total			332,379	330,419

Catalogued heritage assets
	2022	Net	2021	2020	2019	2018
		movement
	Number	Number	Number	Number	Number	Number
Vehicles, trailers, turrets etc.	408	24	384	378	378	373
Audio visual	5,390	319	5,071	4,960	4,707	4,185
Books	10,934	137	10,797	10,292	10,276	10,007
Equipment	5,295	45	5,250	5,068	4,971	4,851
Art/sliver	863	6	857	830	926	827
Flags	482	5	477	460	460	453
Medals	3,797	84	3,713	3,192	3,175	3,046
Memorabilia	3,277	45	3232	2,979	2,966	2,838
Models	1,059	(53)	1,112	1,046	1,044	1,045
Uniforms	7,398	(451)	7,849	7,077	7,046	6,711
Weapons	1,052	(107)	1,159	955	949	936
Total	39,955	94	39,901	37,237	38,898	35,272

		Listed
		Securities
Group and	Charity	f
Market value
At 1January	2022	7,233,730
Additions
Disposals		(73,190)
(Loss)/gain	on investments	(659,400)
At 31December 2022		6,501,140

Name ofundertaking	Name ofundertaking	Registered	office	Class ofshare held	%Held	Assets	Liabilities
The Tank	Museum Trading	Bovington	Camp,	Ordinary	100.00	1,008,631	524,291
Company	Limited	Wareham,	Dorset,
(registered	no. 02236998)	BH20 6JG

14	Stocks
								Group		Charity
							2022	2021	2022	2021
							f	f	f	f
	Finished	goods		and goods for resale			451,255	466,456
15	Debtors
								Group		Charity
							2022f	2021 f	2022 f	2021 f
	Trade debtors						37,725	37,402	16,279	16,273
	Amounts	due	from		subsidiary				311,595	217,123
	Other debtors						12,753	2,208	12,779	1,710
	Prepayments		and		accrued income		404,469	325,667	363,217	306,057
							454,947	365,277	703,870	541,163
16	Creditors:	Amounts			falling due within one year
								Group		Charity
							2022 f	2021 f	2022f	2021 f
	Trade creditors						219,832	234,965	87,577	101,514
	Other taxation			and social security			53,705	78,171	53,705	76,321
	Other creditors						56,409	24,507	52,816	22,379
	Accruals	and deferred				income	308,912	370,241	232,090	290,817
							638,858	707,884	424,188	491,031

Movement of	funds for the y	ear
	At	Incoming	Resources	Transfers	Gains/(losses)	At 31
Current year	1January	resources	expended	in/(out)	on	December
	2022				investments	2022
Designated
funds
Fixed assets	4,740,771		(138,861)			4,601,910
Vehicle			(20,471)	20,471
restoration
Vehicle store	1,000,000					1,000,000
2054fund	3,591,537			290,000	(397,731)	3,483,806
General
resource	1,164,220				(86,290)	1,077,930
	10,496,528		(159,332)	310,471	(484,021)	10,163,646
General funds
Reserves	4,430,752	7,469,035	(6,695,223)	(290,000)		4,914,563
Total unrestricted
funds	14,927,280	7,469,035	(6,854,555)	20,471	(484,021)	15,078,209
Restricted funds
Buildings	10,567,793	101,285	(337,112)			10,331,966
Exhibitions	638,417	336,465	(186,721)			788,161
Revenue	112,387	181,870	(153,337)	(20,471)		120,449
	11,318,597	619,620	(677,170)	(20,471)		11,240,576
Endowment
funds	1,475,617				(175,379)	1,300,238
Total funds	27,721,494	8,088,655	(7,531,725)		(659,400)	27,619,023

17 Statement offunds (continued)	17 Statement offunds (continued)
	At	Incoming	Resources	Transfers	Gains	At 31
Prior Year	1January	resources	expended	in/(out)		December
	2021					2021
	f					f
Designated
funds
Fixed assets	4,881,187		(140,416)			4,740,771
Vehicle
restoration	14,820		(24,027)	9,207
Vehicle store				1,000,000		1,000,000
2054fund	2,997,556			200,000	393,981	3,591,537
General
resource	1,081,207				83,013	1,164,220
	8,974,770		(164,443)	1,209,207	476,994	10,496,528
General funds
Reserves	4,342,165	6,645,170	(5,356,583)	(1,200,000)		4,430,752
funds	13,316,935	6,645,170	(5,521,026)	9,207	476,994	14,927,280
Restricted funds
Buildings	10,429,833	243,757	(426,511)	320,714		10,567,793
Exhibitions	810,514	277,402	(126,385)	(323,114)		638,417
Revenue	110,679	73,003	(64,488)	(6,807)		112,387
	11,351,026	594,162	(617,384)	(9,207)		11,318,597
Endowment
funds	1,298,701				176,916	1,475,617
Total funds	25,966,662	7,239,332	(6,138,410)		653,910	27,721,494

Fund balances at 31December 20	22 are represented	by:
	Restricted	Endowment	Unrestricted	Total funds
	funds 2022	funds 2022	funds	2022
			2022
	f		f	f
Tangible fixed assets	11,120,127		6,564,233	17,684,360
Fixed asset investments		1,300,238	4,122,972	5,423,210
Current asset investments			1,077,930	1,077,930
Current assets	120,449		3,951,933	4,072,382
Creditors due within one year			(638,859)	(638,859)
Total	11,240,576	1,300,238	15,078,209	27,617,023

Fund balances as a	t 3	1Decembe	r	2021are represen	2021are represen	ted by:
				Restricted		Endowment	Unrestricted	Total funds
				funds 2021		funds 2021	funds	2021
							2021
					f		f	f
Tangible fixed assets				11,100,542			6,914,090	18,014,632
Fixed asset investments						1,475,617	4,593,893	6,069,510
Current asset investments							1,164,220	1,164,220
Current assets				218,055			2,962,961	3,181,016
Creditors due within		one year					(707,884)	(707,884)
Total				11,318,597		1,475,617	14,927,280	27,721,494
Reconciliation ofnet	movement		in	funds to net	cash	flow froin operating	activities
							2022	2021
							f	f
Net (expenditure)/	income for the year (as per				Statement of Financial		(102,471)	1,754,832
Activities)
Adjustment for:
Depreciation charges							862,224	747,731
Loss on disposal offixed assets							2,087
Non-cash fixed asset		accrual					(116,452)
(Gains)/losses on investments							659,400	(653,910)
Dividends, interest	and rents from investments						(37,507)	(4,804)
Increase/(decrease)		in stocks					15,201	(133,682)
Decrease in debtors							(89,670)	230,187
Decrease/(increase)		in creditors					(69,026)	210,157
Net cash provided	by operating			activities			1,123,787	2,150,511
Analysis ofchanges	in	net debt
Current year				Balance	at		Other	Balance at
				1January			non-cash	31December
				2022 f		Cash flowsf	changesf	2022 f
Cash in hand				2,349,283		816,897		3,166,180
				2,349,283		816,897		3,166,180

20	Analysis	ofchanges	in net debt (continued)
	Prior	Year	Balance at		Other	Balance at
			1lanuary		non-cash	31December
			2021 f	Cash flows f	changesf	2021f
	Cash	in hand	1,646,918	702,365		2,349,283
			1,646,918	702,365		2,349,283