## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted|funds|2022|2021| |---|---|---|---|---|---|---| |||General|Designated||Total|Total| |INCOME FROM:|Note|Funds||Funds|Funds
f|Funds
f.| |Donations
and legacies
Other Trading
Activities
Grants received|2
3
4|44,811
128,930
100,504||9,327
0
102,952|54,138
128,930
203,456|86,567
109,497
157,246| |Investments|5|24,913||4,081|28,994|33,831| |Total||299,158||116,360|415,517|387,141| |EXPENDITURE ON:||||||| |Charitable
Activities|6|352,797||99,578|452,375|455,372| |Governance
Costs|7|72,643||1,180|73,822|59,932| |Total||425,440||100,758|526,197|515,304| |NET EXPENDITURE||(126,282)||15,602|(110,680)|(128,163)| |BEFORE INVESTMENT||||||| |GAINS/(LOSSES)||||||| |Net gains (losses) on|11|(178,923)||(26,684)|(205,607)|145,520| |Investments||||||| |NET|14|(305,205)||(11,081)|(316,287)|17,357| |INCOME/(EXPENDITURE)||||||| |RECONCILIATION
OF||||||| |FUNDS:||||||| |Total Funds Brought Forward
Transfer between
Funds|14|699,432
45,882||1,338,086
(45,882)|2,037,518
0|2,020,161
0| |TOTAL FUNDS CARRIED|14|440,111||1,281,123|1,721,233|2,037,518| |FORWARD||||||| ## |||2022|2021| |---|---|---|---| |Note|||| |FIXED ASSETS|||| |Tangible Fixed Assets
Investments|10
11|53,219
1,555,950|9,801
1,832,727| |CURRENT ASSETS|||| |Debtors
Stock
Cash at bank and
in hand||39,358
29,450
51,298
120,106|24.425
23,480
168,629
216,534| |CREDITORS
Amounts
falling due within one year|13|(8,042)|(21,543)| |NET CURRENT ASSETS||1,729,275|2,059,061| |NET ASSETS||1,721,233|2,037,518| |FUNDS|||| |Unrestricted
funds
General funds
Designated
funds|14
15|440,111
1,281,122|699,432
1,338,086| |TOTALFUNDS||1,721,233|2,037,518| ## ## ## ## ## ## ## ## ## ## |NOTES|TO THE FINANCIAL. ST|ATEMENTS F|OR THE YEAR EN|DED 31 DECE|MBER 2022| |---|---|---|---|---|---| |||||2022|2021| |||General|Designated|Total|Total| |||||E|| |2.DONATIONS|AND LEGACIES||||| |Friends Subscriptions
Donations||0
24,548|9,093
38|9,093
24,587|10,280
69,446| |Gift Aid||556|196|751|4,285| |Legacies||19,707
44,811|0
9,327|19,707
54,138|2,556
86,567| |3.OTHER TRADING ACTIVITIES|||||| |Admissions||14,231||14,231|9,243| |Shop Sales
Bar Sales
Gallery
Hire
Archive
&Research||58,170
5,180
28,876
6,308||58,170
5,180
28,876
6,308|65,230
6,862
18,092
422| |Lectures||14,088||14,088|9,648| |Other Income||2,077||2,077|0| |||128,930|0|128,930|109,497| |4.GRANTS|||||| |Trusts and Foundations
Grant
in Aid||0
38,999|102,952
0|102,952
38,999|0
38,999| |HQBG Grants
Other Grants||50,000
11,505|0
0|50,000
11,505|50,000
68,248| |||100,504|102,952|203,456|157,246| |5.INVESTMENTS|||||| |Dividends
and|interest|24,913|4,081|28,994|33,831| ## ||||2022|2021| |---|---|---|---|---| ||General|Designated|Total|Total| |||E||E| |6.CHARITABLE ACTIVITIES||||| |Support Services
Trading Costs|290,892
61,905
352,797|99,578
0
99,578|390,470
61,905
452,375|388,051
67,321
455,372| |7.GOVERNANCE COSTS||||| |Office and Administration
Proportion
of Director's salary
Friends postage,
newsletter
8 AGM cost
Trustees expenses
and meeting costs
Audit 8 Accountancy|14,656
32,500
0
4,601
20,885
72,643|0
0
1,180
0
0
1,180|14,656
32,500
1,180
4,601
20,885
73,822|16,295
20,625
698
2,335
19,979
59,932| ## ## |9.STAFF COSTS|2022|2021| |---|---|---| |||E| |Mlages and Salaries
Social Security costs
Pension costs|240,083
19,612
11,233|213,399
16,520
9,851| ||270,928|239,770| ## ## ## |10.TANGIBLE FIXED ASSETS|||| |---|---|---|---| ||FF&F&|Other Equip|Totals| ||Office Equip||| |Cost|E|E|E| |At 1 January 2022
Additions|22,757
45,882|10,647
0|33,404
45,882| |Disposals
At 31 December 2022|0
68,639|0
10,647|0
79,287| |Depreciation
At 1 January 2022
Disposals
Charge for year
At 31 December 2022|22,538
0
1,400
23,938|1,065
0
1,065
2,129|23,603
0
2,464
26,067| |Net Book Value|||| |At 31 December 2022|44,702|8,518|53,219| |At 31 December 2021|219|9,582|9,801| ## |11.FIXEDASSET INVESTMENTS|||| |---|---|---|---| |||Cash and|| ||Listed|settlements|| ||Investments|pending|Totals
f| |MARKET VALUE|||| |At 1 January 2022
Additions|1,725,134
27,781|107,592
1,050|1,832,726
28,831| |Disposals
Revaluations
At 31 December 2022|(100,000)
(205,607)
1,447,308|0
0
108,641|(100,000)
(205,607)
1,555,950| |NET BOOK VALUE|||| |At 31 December 2022|1,447,308|108,641|1,555,950| |At 31 December 2021|1,725,134|107,592|1,832,726| |Historical cost of Investments|2022|2021|| |Historical costs|1,617,288|1,718,727|| ## ## |12.DEBTORS:AMOUNTS|12.DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|2022|2021| |---|---|---|---|---| ||||E|| |Prepayments
Trade Debtors
Other Debtors|and accrued income||35,991
3,296
70
39,358|20,796
3,559
70
24,425| |13.CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE||| |---|---|---| |YEAR||| ||2022|2021| ||R|| |Trade Creditors
Social Security and other taxes
Accruals and deferred
income
Other creditors|3,352
1,781
2,900
10
8,042|9,921
8,767
2,855
0
21,543| ## |Movement
in Funds||||| |---|---|---|---|---| |Current Year||||| |||At|Net|At| |||01.01.22|movement|31.12.22| |Unrestricted|funds|f|in fund|F| |General
Fund
Designated
Fund
Total Funds||699,432
1,338,086
2,037,518|(259,323)
(56,963)
(316,286)|440,111
1,281,122
1,721,233| |Net movement|in funds,|||||| |---|---|---|---|---|---|---| |included
in the|above are as|||||| |follows;||||||| |||Incoming
Resources|Resources
expended|Gains and
losses|Transfer
offunds|Movement
in funds| ||||E|E||| |Unrestricted|funds|||||| |General
Fund
Designated
Fund
Total Funds||299,158
116,360
415,517|(425,440)
(100,757)
(533,313)|(178,923)
(26,684)
(205,607)|45,882
(45,882)
0|(259,323)
(56,768)
(316,287)| |||||At||||Net||At| |---|---|---|---|---|---|---|---|---|---|---| |Movement
in Funds||||01.12.21||movement||||31.12.21| |Prior Year|||||||in fund|||| |||||E||||||| |Unrestricted
funds||||||||||| |General
Fund||||577,913|||121,519|||699,432| |Designated
Fund
Total Funds||||1,442,248
2,020,161||(104,162)
17,357||||1,338,086
2,037,518| |Net movement
in funds,||||||||||| |included
in the above are|as|||||||||| |follows:||||||||||| |||Incoming||Resources||Gains and||||Movement| |||Resources||expended|||losses|||in funds| |||||Z||||||| |Unrestricted
funds||||||||||| |General
Fund||371,083||(404,124)||||154,560||121,519| |Designated
Fund
Total Funds||16,058
387,141||(111,180)
(515,304)|||(9,040)
145,520|||(104,162)
17,357| |15.Designated
Funds||||||||||| |Friends ofthe Museum||||||||||131,571| |Donations
received from Friends ofthe Museum||||which are|specifically|||||| |designated
for the purpose|of|replenishing
the Museums
displays||||||and||| |archives.||||||||||| |Investments||||||||||8.1,000,000| |A designated
value to remain||invested
in order||to generate|sufficient|||||| |income
from interest and dividends|||to fund ongoing operational||||costs.|||| |Development
Fund||||||||||149,747| |An allocation
towards
the modernisation
ofthe||||Museum.||||||| |The Development
Reserve
from the General Reserve,|comprises f250,000allocated
against which expenditure
to date|||||is|f203,205,|||| |and f102,952 received from the Services Day's||||Pay Giving|Scheme via|||||| |The Brigade ofGurkhas
Education|||and Welfare|Fund.||||||| |The Trustees designated
the||Investment
Fund||and Development||||fund|in|| |the light ofthe plan agreed
during
refurbishment
ofthe Museum
and|||2019for a major modernisation
its displays
and the associated|||||and
investment||| |in additional
people and one-off costs related to the fund-raising.||||||||Further||| |information
is given
in the|Report||ofthe Trustees.|||||||| |Total Designated
Funds||||||||||K4~JJ318| ## ##