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THE RIFLEMAN'S MUSEUM TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2025
Page
Report of the Trustees
Independent Examiners Report
Statement of Financial A¢tivities
Balance Sheet
Notes to the Financial Statements
9 to 15

THE RIFLEMAN'S MUSEUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their report with the financial statefflents of the charity for the year ended
31 December 2Q25. The trustees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January
20191.
OBJECTIVES AND ACTIVITIES
The legal object has been developed into a Mission Statement as follows.. The purpose of The Rifieman's
Museum Trust is to collect, document, preserve and provide access to material relating to The Rifles and its
antecedent rifle regiments, and to use and interpret this material for the education and benefit of members of
the Armed Forces and the public of all ages and backgrourKJs.
The Trustees, vision for the future is that The Rifleman's Museum should be wdely recognised as a dynamic
and progressive constituent of Wincheste¢s Mil"rtary Museums and RIFLES heritage that capitalises on the
excellents of its collection modern technology to reach out and provide information and an experience for
visitors that excites, inspires, and educates, and that prompts them to retum generating sufficient income for
the Museum to develop and flourish.
The Museum's principal objectives during 2025 were:
To atttact additional visitors and usets of all ages and backgrounds, and to be MO￿ accessible
to all, including electronically
M01
M02
To optimise the use of resources and maximise revenue generation
To manage, conseTve and improve use of the Museum Collection efficiently and effectively
M03
M04
To develop as the 'hub' museum supporting The Rifles
To exercise good governan￿ and administer the Museum in accordance with best practice,
managing staff effectively and providing development opportunities and improved working
conditions
M05
Public benofrt
In the Trustees. view, the Mission Ststement is compliant wth the Charities Act 2006 and subsequent Charity
Commission guidance, highlighting, explicitly and implicitiy, the public benefit arising from the Trusys use of
its Gollection to educate the public at large and the current regiment about the character, activits'es and history
of The Rifles and the British Army in general. In partiajlar, the Truses educational activities emphasise the
importance of the interaction between the civil and military in developing a full understanding of the role,
significance and advancement in the modem world of citizenship, human rights and conflict resolution.
Page 1

THE RIFLEMAN'S MUSEUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2025
ACHIEVEMENTS AND PERFORMANCE
In January 2025 the Museum changed ils name to The Rffleman's Museum and launched a new website. It
also started a process to develop a new display, RIFLES 21st Century Operations. which would show the
contribution The Rifles has made to UK Defence and Security since its fomiation in 2007. A designer was
selected and an outline schematic of a proposed new layout produced whilst the museum collected artefacts
and material from the regiment. In November. the Nabonal Lottery Heritage Fund awarded a grant of
£218,000 allowing the project to start in December.
The five Key Perf0Mian￿ Indicators {KPls) (targets) used by Trustees to measure the Museum's
achievements during 2025 have changed slightly to reflect new arrangements. Achievement is measured
against 2024 where possible..
KPI 1 Admission. Achieve 13,500 recorded visits to the Museum in year at least 55¥0 of paid
admissions attracting Gift Aid. Total admissions were 9246 compared with 9338 in 2024. Of these 5113
were free admissions (4,957 in 2024) which included 823 seniing soldiers and potential offi'cers. These
numbers rernain well below our 13,500 target although visitor income was up to £23.775 (compared to
£21,234 in 2024) probably attributable to an increase in gift aid and a redU￿d proportion of joint tickets which
do not attract gift aid. 67 % of paid admissions attracted gift aid in 2025.
KPI 2 - Trading. Increase shop sales and income from other trading. Shop income was disappointing this
year with totals sales income of £28.196 against £34.730 achieved in 2024. Talks raised £3,071 {£2,429 in
2024), corporate hire £2,C66 (£4,115 in 2024) and Research £808 {£375 in 2024).
KPI 3 - Communications. Achieve an average of 2,500 monthly visitors to the Museum webstte. Average
monthly website wsits were 2,445 compared to 2,045 in 2024. Intent is to continue to increase social media
engagement. Targets to follow.
KPI 4 - Website Development. Intent is to grow the digital holding of stories, collection items and exhibitions
to improve public access. Targets to follow.
KPI 5 - Feedback. Maintain 90% of visitors surveyed rating the Museum Very Good, or better. of
visitors reported very good or better.
The museum still seeks to secure a lease for not less than 30 years on the Museum building. The MOD has
been in touch V4ith the museum to confim ts long term support and work on the lease is expected to follow.
FINANCIAL REVIEW
The Trust Fund finished 2025 with net assets of £670,723 {£505,232 in 2024).
As at 31 December 2025 the balance standing to the credit of each fund was.
General (Unrestricted) Fund
Development Fund
Endowment Fund
Oxf & Bucks Ll Fund
£552.151
£60,751
£43,001
£14.820
(£390.959 in 2024)
(£56,452 in 2024)
(£43,001 in 2024)
(£14,820 in 2024)
Reserves
It is Twstees, policy to maintain the 'free reserves, of the Charty - that in those unrestricted funds not
committed or invested in tangible fixed assets at a level to provide sufficient funds to cover the
managemen( administration and support costs of the Charity for a penod of 6 months V4llthout income from
admission or trading. In fvlfilment of this policy, the Trustees aim in 2024 to retain free reserves of not less
than £80,000, a sum which is presently covered by the credit balance held in the General (unrestricted) Fund.
Page 2

THE RIFLEMAN'S MUSEUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2025
FUTURE PLANS
In the next few years The Rifleman's Museum intends to:
Increase the artefacts and stories held on the website so more of the collection is available remotely to
riflemen and the general public.
Build a new entran￿, shop and RIFLES section of the museum, entitled RIFLES 21st Century Operations,
which shows how rifle regiment history is alive in the regiment today and how The Rifles contribute to the
United Kingdom's defence and securty.
Subject to funding, create a new referen￿ and research library lo enable easier access for staff and the
general public.
Design mini exhibitions of rifle regiment history for installation in other museums in The Rifles netsvork when
funds become available.
STRUCTURE, GOVERNANCE AND MANAGEMEKr
The charity is controlled by its governing document. a deed of trust and constitutes an unincorporated charity.
The Rifleman's Museum is a MOD-sponsored and part-funded museum, accredited by the Arts Council
(Registration No.. 959). The Rifleman's Museum Trust is a Charitable Incorporated organisats.on (No..
1156207) approved by the Charity Commission with effect from 1 January 2015.
The Museum has an operats.ng company (2193863). which generates income by trading through the Museum
shop and which manages the charitable operation of the Museum on the Trust's behalf. The Trust provides
grant-in-aid from its own income, including donations from its restricted funds. to assist the Trading Company
in funding the Museum's charitable operations.
The Board of Trustees has 10 elected and kn ex-officio TrUSt￿s. Elected trustees are appointed for an
initial period of five years. renewable up to a maximum of ten years. with provision to exceed ten years where
circumstances require" the Board meets formalty three b.mes a year and is served when required by a
Development Group to oversee continuous improvement of the Museum and its displays.
An audit of Trustees, competencies is periodically carried out by the Board to ensure that its members
collectively have the skills required for the Board to do its job properly as required by Charity Law. When
gaps are identified, new Trustees are sought within the total number allowed. The names of potential
candidates are then considered at a TNstees' meeting, with no formal approach made to potential candidates
without the full agreement of the Board. If, after being approached. potential candidates indicate a readiness
to serve on the Board, a meeting with the Chaimian is arranged at the Museum and. inter alia. the
responsibilities of Trustees explained and the candidate's attention drawn to the latest edition of Charity
Commission publications CC31CC3a. The potential candidate also receives an inducts.on pack induding a
copy of the Trust Deed, the latest annual accounts and the minutes of recent meetings. If the candidate
remains ready to be nominated as a Trustee, his or her name goes fonmard to the Board for election, or
otherwise, at the next Board meeting. Any further induction required, including training, takes place
thereafter.
The Board meets fomially three times a year to review the operation of the Museum, including its financial
position,. to make decisions regarding the future of the Museum. to approve the Forward Plan for the next two
years, including the establishment of Key Perk)rnan￿ Indicators and the budget for the year ahead.
Day-to-day management of the Museum rests with the Museum Curator and her staff, who administer the
Museum as directed by Trustees and the MOD.
ststement of Risk
The Trustees have considered the major risks to which the Charity could be exposed and have reviewed the
systems and arrangements in pla￿ to mitigate such risks", a risk register and ongoing system of review are in
place. They are unaware of any irregularities, including fraud, involving the management or employees of the
Charity, or of any instances of actual or possible non-complian￿ with laws, regulab'ons or agreements, that
might result in the Charity suffering significant penalties or other loss.
Page 3

THE RIFLEMAN'S MUSEUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1156207
Prlncipal address
Peninsula Barracks
Romsey Road
Winchester
Hampshire
Trnstees
Brigadier J I S Plastow CBE- Chair
Mr N J B Atkinson
Mr C C Cohen
Mr P Corbin
Mr G C C Fetherstonhaugh KC
Mrs S Heath-caldwell
Colonel N Ilic MBE QGM
Mr S J Little
Dr R E Taylor
MrSCWood
Secretary
Mrs Christine Pullen
Independent Examlner
P Underwood, ACA
Morris Crocker
Chartered Accountants
Lake House
2 Port Way
Port Solent
Portsmouth
Hampshire
P06 4TY
Solicitors
Wedlake Bell
71 Queen Victoria Street
London
EC4V 4AY
Banker5
Lloyds TSB Bank PIC
49 High Street
Winchester
Hampshire
S023 9BU
The Royal Bank of Scolland
67-68 High Street
Winchester
Hampshire
S023 9DA
Page 4

THE RIFLEMAN'S MUSEUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2026
Approved by order of the board of trustees on ..............
. and signed on its b8hglf by:
Brigadier Jrt Plastow CBE - T￿￿tee
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE RIFLEMAN'S MUSEUM TRUST
Independent examiner's report to the trustees of The Rifleman's Mus6um Trust
I report to the charity trustees on my examination of the accounts of The Rifleman's Museum Trust (the Trust)
for the year ended 31 December 2025.
Responsibilities and basis of r8POrt
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trusys accounts carried out under Section 145 of the Act and in
carrying out my examination I have followed all applicable Directions gNen by the Charity Commission under
Section 14515){b} of the Act.
Independent examinerfs statement
Since your charity's gross income exceeded £250, 000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect
accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or
the accounts do not accord with those records: or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in connection the examination to which
attention should be drawn in this report in order to enable a proper understsnding of the accounts to be
reached.
P Underwood, ACA
Morris Crocker
Chartered Accountants
Lake House
2 Port Way
Port Solent
Portsmouth
Hampshire
P06 4TY
26 March 2026
Page 6

THE RIFLEMAN'S MUSEUM TRUST
STATEMENT OF FINANCIAL AcTIV￿lEs
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
Total
funds
2024
Total
funds
Unrestricted Restricted
funds
fund
Endowment
fund
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
235.434
4.299
239,733
147.547
Investment income
11,458
11,458
9,302
Totsl
246,892
4.299
251,191
156,849
EXPENDITURE ON
Charitsble actlvities
Rifleman's Museum
109.111
109,111
88,952
Net gains on investments
23,411
23,411
4,750
NET INCOME
161,192
4,299
165,491
72,647
RECONCILIATION OF
FUNDS
Total funds brought forward
405,779
56.452
43,001
505,232
432,585
TOTAL FUNDS CARRIED
FORWARD
566.971
60,751
43,001
670.723
505,232
The notes form part of these financial statements
Page 7

THE RtFLEMAN'S MUSEUM TRUST
BALANCE SHEET
31 DECEMBER 2026
2025
2024
Notes
FIXED ASSETS
Investments
10
255,681
224.250
CURRENT ASSETS
Debtors
Cash 81 bank
11
19,346
398.881
9,041
272,629
418,￿27
287.670
CREDrroRS
Amounts falling due within one year
12
(985>
(688)
NET CURRENT ASSETS
415.rh12
280,982
TOTAL A8SETS LESS CURRENT
LIABIUTIES
670.723
505,232
NET ASSETS
670.723
505,232
FUNDS
Unrestrtcted funds
Restrlcted funds
Endowment furKIs
14
$68,971
60,751
43,001
405,779
56,452
43,001
TOTAL FUNDS
670.723
505,232
The financial slatements were ap￿J￿d by the Board of Trustees and authortsed for kssue on
. and y￿e signed on its behalf by..
i &QW.-.
Br￿adIer&￿tprastc￿ CBE - Trustee
The notes form part of these financial slatements
Page 8

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entty under FRS 102, have been
prepared in accordan￿ with the Charits'es SORP (FRS 102) 'Accounting and Reporting by Charities..
Statement of Recommended Pracb"ce applicable to chartties preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have
been prepared under the historical cost convention, wth the ex￿ptIOn of investments which are
included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities On￿ the charity has entitiement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expendtture, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classifi'ed under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to parbcular headings they have been
allocated to activities on a basis consistent with the use of resources.
Investments
Stocks 2nd shares quoted on the London Stock Exchange are included in the balance sh*t at their
market value at the year end. The differences between the market value and the original cost of the
investment are included in the Statement of Financial Actrvtties. No unquoted invesknents a￿ held.
Profits and losses arBing on the disposal of investments are included in the Statement of Financial
Activities
Grants offered subjeot to condttions which have not been met at the year end date are noted as a
commitment but not accrued as expenditure.
Tanglble fixed assets
Depreciation is provided at the following annual rates in order to vKite off each asset over its estimated
useful life.
Computsr equipment
33¥0 on cost
Individual fixed assets o)Sb'ng £500 or more are capitalised at cosL
Taxation
The charity is exempt from tax on its charitable activities.
Fund accountlng
Urlrestricted funds can be used in accordan￿ wtth the charitable objectives at the discretion of the
trustees.
Restricted fijnds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
The Endowment Fund is a restricted fund intended for the care and preservation of the rnuseum
collection and for the purchase of museum artefacts. The capital balan￿ is held in a rnix of M&G
Charibond and Charrfund Units and cash accounts with Royal Bank of Scotland and Lloyds Bank,
Page 9
continued...

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER2025
ACCOUNTING POLICIES - continued
Fund accounting
Development (Friends of the Museum) Fund. created in 2003 is a restricted fund whose income is
derived from donations, gtft aid, and income from its capital. The capital balan￿ is held in a mix of
M&G Charibond and Charifund Units and cash accounts with Royal Bank of Scotland and Lloyds
Bank.
The Development Fund may be used for anything contributing to the overall development of the
museum in its widest sense and is restricted only in that expenditure from the fund is recorded and
briefed back to the Friends of the Museum annually.
The Oxfordshire & Buckinghamshire Light Infantry Fund {OBLI fund) is a designated fund created from
money received on the closure of the OBLI fund in 2008 and eamiarked for the time being by the RGJ
Museum Trustees principally but not exclusively to finance the continuing care, aC￿sS to. and display
of the former OBLI collection at Winchester and in Oxfordshire. The capital balan￿ is held in a mix of
M&G Charibond and Charifund Units and cash accounts with Royal Bank of Scotland and Lloyds
Bank.
Heritage assets
It is the policy of the Trust not to capitalise heritage assets belonging to the Museum. These are in
effect inalienable and are mostly I￿eplaceable. Any financial based valuation would be misleading to
the value and Significan￿ of the material culture involved. The Trust has a clear duty of care for these
assets and to make them available for the enjoyment and education of the public as far as is possible,
commensurate with their long term care and preservation. The highest possible standards of collection
management are applied.
Financial Instruments
The charity only enters into basic financial instruments transactions that result in the recognition of
fi'nancial assets and liabilities like trade and other accounts receivable and payable and investments in
stocks and shares. The measurement basis used for these instruments is detailed below.
Debtors and cash at bank
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in
hand included cash held on deposit or in a current account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to settle
the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised
at their settlemenl amount after allowing for any trade discounts due.
DONATIONS AND LEGACIES
2025
2024
Donations
Grants
22.243
217,490
18,094
129,453
239.733
147,547
Page 10
continued...

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025
DONATIONS AND LEGACIES - contlnued
Grants re￿Ived. included in the above, are as follows..
2025
2024
Regimentsl and AMOT grants
National Lottery Heritage Fund
108,490
109,000
129,453
217,490
129.453
INVESTMENT INCOME
2025
2024
Deposit account interest
Interest invested in M&G investments
3,436
8,022
2,011
7,291
11,458
9,302
All investment income is derived from assets held in the United Kingdom.
CHARITABLE AcTIV￿lEs COSTS
Grant
funding of
activities
(see note
Support
costs (see
note 6)
Direct
Costs
5)
Totals
Rifleman's Museum
35
107.772
1,304
109,111
GRANTS PAYABLE
2025
2024
Rifleman's Museum
107,772
88,072
The total grants pa￿￿ to insb'tuts'ons during the year was as follows..
2025
2024
Rifleman's Museum Trading Company Ltd
107,772
88,072
Page 11
continued...

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025
SUPPORT COSTS
Governance
costs
Finance
Totals
Rifleman's Museum
26
1.278
1,304
Support costs. included in the above, are as follows".
Finance
2025
Rifleman's
Museum
2024
Total
activities
Bank charges
26
Governance costs
2025
Rifleman's
Museum
2024
Total
activities
Independent examiners fees
1,278
672
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other beneffts for the year ended 31 De￿mber 2025 nor for
the year ended 31 December 2024.
Trustees. expenses
During the year there were no trustees expenses (2024: none}.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- 2020
Unrestricted
Restricted
Endowment
funds
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
143,132
4,415
147.547
Investment income
9,302
9,302
Total
152.434
4.415
156,849
EXPENDITURE ON
Charitable activities
Rifleman's Museum
88,952
88,952
Net gains on investments
3.373
332
1,045
4,750
NET INCOME
66,855
4,747
1,045
72,647
RECONCILIATION OF FUNDS
Total funds brought forward
338,924
51,705
41,956
432,585
Page 12
continued...

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 2020 - continued
Unrestricted
Restricted
Endowment
funds
fund
fund
Total
funds
TOTAL FUNDS CARRIED FORWARD
405.779
56,452
43,001
505,232
TANGIBLE FIXED ASSEts
Computer
equipment
COST
At 1 January 2025 and
31 December 2025
3.511
DEPRECIATION
At 1 January 2025 and
31 December 2025
3.511
NET BOOK VALUE
Al 31 December 2025
At 31 December 2024
10. FIXED ASSET INVESTMENTS
The quoted Investments held at 31 December 2025 comprised:
2025
2024
UK fixed interest
UK equity
255,680
224,249
255.680
224,249
There are three material holdings within the value of the quoted investrnents. 289 M&G Charity Funds
Accumulation Units (UK equity) with a value of £117.931 (2024.. £94,653), 438 M&G Charity Multi
Asset Fund Accumulation Units were purchased in the year with a value of £61,807 and 297 COIF
Accumulation Units with a value of £75,942 (2024.. £77,452). 1250 M&G Charity Bond Accumulation
Unrts valued at £53,293 were sold during the year.
11. DEBTORS: AMOUNTS FALLING DUEWITHIN QNE YEAR
2025
2024
Other debtors
19,346
9,041
Page 13
continued ..

THE RIFLEMAN'S MUSEUNI TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other creditors
985
688
13. ANALYSIS OF NEf ASSETS BETWEEN FUNDS
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
fund
Endowment
fijnd
Investments
Current assets
Current liabilities
183,860
384.096
(985)
17,336
43,415
54,485
{11,484)
255.681
416.027
{985)
224,250
281,670
{688)
566,971
60.751
43,001
670,723
505,232
14. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.25
At 1.1.25
Unrestricted funds
General fund
The Oxf & Bucks Ll Fund
390,959
14.820
161.192
552,151
14,820
405.779
161,192
Restricted funds
Friends development fund
566,971
56,452
4,299
60,751
Endowment funds
Endowment fund
43,001
43.001
TOTAL FUNDS
505,232
165,491
670,723
Net movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
246,892
(109,111)
23,411
161,192
Restricted funds
Friends development fund
4,299
4,299
TOTAL FUNDS
251,191
(109,111)
23,411
165,491
Page 14
continued...

THE RIFLEMAN'S MUSEUM TRUST
NOTES TO THE FINANCIAL STATEhHENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
The Oxf & Bucks Ll Fund
324,465
14,459
66,494
361
390.959
14,820
338,924
66,855
Restrfcted funds
Friends development fund
405,779
51.705
4,747
56,452
Endowment funds
Endovmient fund
41,956
1,045
43,001
TOTAL FUNDS
432,585
72,647
505,232
Comparab've net movement in funds. included in Ihe above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
The Oxf & Bucks Ll Fund
152.215
219
(88,952)
3,231
142
66,494
361
152.434
(88,952)
3,373
Restrlcted funds
Friends developrnent fund
66,855
4.415
332
4,747
Endowment funds
Endowment fund
1,045
1,045
TOTAL FUNDS
156.849
(88,952)
4,750
72,647
IS. RELATED PARTY DISCLOSURES
The Rifleman's Museum Trust received grants of £52,000 (2024.. £52,000) from the Rifles Regimental
Trust of which £27,000 was re￿IVed from The Royal Green Jackets Fund.
The Ritleman's Museum Trust made a grant of £107,772 (2024: £88,072) to The Rifleman's Museum
Trading Company Limited.
Brigadier James lan Stuart Plastow, who is a Trustee of The Rifleman's Museum Trust, is also a
Director of The Rrfleman's Museum Trading Company Limited.
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