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| The objects ofthe charity in the following order of priority are: |
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| a. The administration and maintenance ofthe property belonging to the |
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| charity and known as The Wardrobe, at Salisbury, in the County of |
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| Summary ofthe objects of |
Wiltshire. | |
| the charity set out in its governing document |
b. The provision and maintenance ofa public museum for the exhibition to the public, ofdocuments, artefacts and other items connected with the |
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| former regiments (the Regimental Collection) so as to educate the public |
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| and members ofthe former regiments in the history ofthe former |
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| regiments and to promote military efficiency. |
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| Summary ofthe main activities undertaken |
for | This charity commenced its work upon activation of a Deed ofTransfer from the predecessor charity ofthe same name (No 272051)on 20 May 2020. |
| the public benefit in relation tothese objects (include within this section the statutory declaration that trustees have had |
It follows the same objectives as its predecessor; main activities in relation to these objectives are the planning, financing and execution of rolling programmes of maintenance and improvement for the listed building and its grounds, of displays and exhibitions both in the museum and elsewhere in the Regimental |
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| regard to the guidance issued by the Charity |
Counties ofBerkshire and Wiltshire, and ofeducation and outreach aimed at educational groups. |
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| Commission on public |
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| benefit) | In deciding on the main activities the trustees have had regard to the guidance |
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| issued by the Charity Commission on public benefit. |
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| ~ ~ |
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| Summary ofthe main achievements ofthe charity during the year |
Through this first reporting period, activities have been significantly curtailed by Coronavirus Health Emergency and Government decrees on lockdown and other restrictions on business practices. |
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| The main achievement ofthe Trust during the reporting period was to provide a |
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| museum open for approx. 3 months to members ofthe public, following COVID- |
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| secure guidelines. During the periods ofclosure, the Trust allowed some |
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| continued public access tothe Collection through the Museum web site. |
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| The Museum's temporary exhibition for 2020 was entitled "Dunkirk 80Years On". |
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| The trustees regularly review the finances, budgets and expenditure against |
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| Briefstatement ofthe |
budget together with an analysis ofcash flow. | |
| charity's policy on reserves |
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| Reserves Policy. The policy ofthe Trustees isto retain sufficient reserves in cash to |
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| enable the routine operation ofthe Wardrobe site and the museum to continue. |
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| Investments. Investments are made for growth based largely on managed funds. |
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| Details of any funds materially in deficit |
None |
| ntents | Page | |||||
|---|---|---|---|---|---|---|
| Page No | ||||||
| Company Information |
.. | |||||
| Independent | Examiner's | Report to the Trustees ofThe Rifles Wardrobe | and Museum | Trust ..... | ||
| Statement | ofAssets and | Liabilities. | ||||
| Receipts and Payments | ..... | |||||
| The Shop.. |
| Notes | 2020 (21 | May on) | 2020 (to 20 May) | |||
|---|---|---|---|---|---|---|
| Cash Funds | ||||||
| COIF Account | 15,858 | 16,283 | ||||
| Savings Account | (Nationwide) | 26,671 | 22,238 | |||
| Savings Account | (WMSF/Patrons) | 1,794 | 0 | |||
| Current Account | 23,478 | 24,432 | ||||
| Cash in hand | 798 | 212 | ||||
| 68,469 | 63,165 | |||||
| Other Moneta | Assets | |||||
| Debtors | ||||||
| Trading Company | 0 | |||||
| Others | 466 | |||||
| 466 | ||||||
| Tota I Assets | 68,469 | 63,631 | ||||
| Liabilities | ||||||
| Creditors | 15 | |||||
| Total Cash and other Monetary | Assets | 68,469 | 63,616 | |||
| Other Assets | ||||||
| Shop stock | 5,833 | 5,680 | ||||
| Investment Assets (at valuation) |
776,962 | 644,525 | ||||
| TotalNet Assets | 851,224 | 713,821 |
| 2020 (21 | May on) | 2020 (to | 20 May) | |||||
|---|---|---|---|---|---|---|---|---|
| Receipts | ||||||||
| Notes | ||||||||
| Operating Activities to Further |
Charity's | Objectives | ||||||
| Museum ticket sales |
9,506 | 1,833 | ||||||
| Operating Activities to Generate |
Funds | |||||||
| Museum Shop Sales |
2,359 | 949 | ||||||
| Post and Packing charges made for sales | 305 | 191 | ||||||
| Research | 1,285 | 840 | ||||||
| Talks at The Wardrobe | 0 | 0 | ||||||
| Schools Visit | 100 | 199 | ||||||
| Royalties & Copyright | 87 | 0 | ||||||
| One Hundred Club |
237 | 0 | ||||||
| 4,373 | 2,179 | |||||||
| Investment Income |
||||||||
| Proceeds from Sale of Investments | 0 | 10,000 | ||||||
| Bank interest (COIF account) |
14 | 61 | ||||||
| Bank interest (Nationwide) |
0 | 210 | ||||||
| Bank interest (WMSF/Patrons | Account) | 0 | 0 | (N/A) | ||||
| 14 | 10,271 | |||||||
| Donations, Legacies and Other |
Similar Receipts | |||||||
| RGBW Central Museum Fund |
0 | 0 | ||||||
| Wardrobe Trading Company |
23,511 | 12,534 | ||||||
| Donations | 571 | 635 | ||||||
| Grants | 2 | 12,330 | 31,657 | |||||
| Gift Aid | 0 | 375 | ||||||
| W and MSF/Patrons | 1,852 | 1,900 | ||||||
| 38,264 | 47,101 | |||||||
| Other Receipts | ||||||||
| Total Receipts | 52,157 | 61,384 |
| Grants | Summary | Amount | |||
|---|---|---|---|---|---|
| Corona | Virus Retail, | Hospitality | and Leisure Business Grant | 2,700 | |
| Corona | Job Retention | (Furlough) | Scheme | 5,329 | |
| RGBW | Charities | 4,000 | |||
| AMOT | Grant (COVID-Secure expenses) | 301 | |||
| Total | 12,330 |
| Payments | 2020 (21 | May on) | 2020 (to | 20 May) | |||
|---|---|---|---|---|---|---|---|
| Payments for Generating |
Funds | ||||||
| Coach House Maintenance | 0 | 87 | |||||
| Research costs | 196 | 101 | |||||
| Museum Shop Operating |
Costs | 836 | 551 | ||||
| Museum Shop Stock Purchases |
792 | 150 | |||||
| 1,824 | 889 | ||||||
| Charitable Payments |
|||||||
| Tourism related Subscriptions |
398 | 536 | |||||
| Museum related Subscriptions |
193 | 62 | |||||
| Fire 8 Security | 0 | 101 | |||||
| Contents Insurance |
0 | 2,309 | |||||
| Trust Manager (was Manager |
Curator) | 18,462 | 14,357 | ||||
| Curator (was Assistant Curator) |
13,710 | 6,797 | |||||
| Weekend Desk Manning |
1,490 | 504 | |||||
| Paid Staff Expenses | 0 | 38 | |||||
| Volunteer Expenses |
697 | 176 | |||||
| Building/Garden Maintenance |
3,019 | 839 | |||||
| General Museum Purchases |
74 | 0 | |||||
| Museum Artefact Acquisitions |
0 | 0 | |||||
| Conservation | 89 | 360 | |||||
| Exhibition costs |
286 | 809 | |||||
| Schools Visit Costs | 0 | 29 | |||||
| Advertising | 502 | 480 | |||||
| Publicity (incl Printing) |
0 | 435 | |||||
| Web Site and IT Equipment |
1,985 | 2,659 | |||||
| 40,905 | 30,491 | ||||||
| Management and Administration |
|||||||
| Management Costs |
48 | 0 | |||||
| Training | 0 | 0 | |||||
| Office Equipment | 37 | 284 | |||||
| Postage | 87 | 29 | |||||
| Office Consumables (Incl COVID-19) |
1,617 | 282 | |||||
| Bank Charges/ Investment |
Administration | 0 | 7 | ||||
| WTC Costs | 13 | 0 | |||||
| 1,802 | 602 | ||||||
| Other Payments | |||||||
| Lease Reassignment costs |
0 | 12,525 | |||||
| New Legal Entity costs | 144 | 1,020 | |||||
| Grant For Growth Project | 2,629 | 1,690 | |||||
| 2,773 | 15,235 | ||||||
| Total Payments | 47,304 | 47,217 | |||||
| Net Receipts/Payments | 4,853 | 14,167 | |||||
| Cash and Other Monetary | Funds as at 21"May/1 | Jan | 63,616 | 49,449 | |||
| Cash and other Monetary | Funds as at 31"Dec/20'" | May | 68,469 | 63.616 |
| 2020 (21May on) | 2020 | (to 20 May) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Shop Sales | 2,359 | 949 | |||||||
| Cost ofSales | |||||||||
| Opening Stock |
5,679 | 6,129 | |||||||
| Shop Purchases | 792 | 150 | |||||||
| 6,471 | 6,279 | ||||||||
| Closing Stock | 5,833 | 5,679 | |||||||
| 638 | |||||||||
| Shop Profit before operating | costs | 1,721 | 349 | ||||||
| Operating Costs |
|||||||||
| Card payment device |
119 | 85 | |||||||
| Postage | 85 | 83 | |||||||
| Cardnet Charges | 183 | 68 | |||||||
| EPOS Till | 210 | 276 | |||||||
| Website Transaction | Fees | 58 | 39 | ||||||
| Shop Consumables | 150 | 0 | |||||||
| Total | 805 | 551 | |||||||
| Shop profit | 916 | -202 | |||||||
| Percenta e Profit Calculator |
|||||||||
| 2020 (21 | May on) | 2020 | (to 20 | May) | |||||
| Cost ofGoods Sold | |||||||||
| Opening Stock+ Stock in+ Operating | Costs | 7,276 | A | 6,830 | |||||
| Value ofgoods Disposed ofat Cost (gifts, write-offs) | 0 | ||||||||
| Add value ofClosing | Stock at cost | 5,833 | 5,679 | ||||||
| 5,833 | B | 5,679 | |||||||
| Cost ofGoods Sold | A —8 | 1,443 | C | 1,151 | |||||
| Income from Sales | |||||||||
| Sales income+ Closing | Stock | 8,192 | 6,628 | ||||||
| Deduct figure at 8above | 5,833 | 5,679 | |||||||
| Income from Sales | 2,359 | D | 949 | ||||||
| Profit | |||||||||
| Income from Sales (Fig D) | 2,359 | 949 | |||||||
| Deduct cost ofgoods | sold (Fig C) | 1,443 | 1,151 | ||||||
| Profit | 916 | E | -202 | ||||||
| Percentage Profit is: |
E x 100 | 639o | E x 100 | -189o |
| ntents | Page | |||||
|---|---|---|---|---|---|---|
| Page No | ||||||
| Company Information |
.. | |||||
| Independent | Examiner's | Report to the Trustees ofThe Rifles Wardrobe | and Museum | Trust ..... | ||
| Statement | ofAssets and | Liabilities. | ||||
| Receipts and Payments | ..................... | |||||
| The Shop.. |
| Notes | 2020 (21 | May on) | 2020 (to 20 May) | |||
|---|---|---|---|---|---|---|
| Cash Funds | ||||||
| COIF Account | 15,858 | 16,283 | ||||
| Savings Account | (Nationwide) | 26,671 | 22,238 | |||
| Savings Account | (WMSF/Patrons) | 1,794 | 0 | |||
| Current Account | 23,478 | 24,432 | ||||
| Cash in hand | 798 | 212 | ||||
| 68,469 | 63,165 | |||||
| Other Moneta | Assets | |||||
| Debtors | ||||||
| Trading Company | 0 | |||||
| Others | 466 | |||||
| 466 | ||||||
| Tota I Assets | 68,469 | 63,631 | ||||
| Liabilities | ||||||
| Creditors | 15 | |||||
| Total Cash and other Monetary | Assets | 68,469 | 63,616 | |||
| Other Assets | ||||||
| Shop stock | 5,833 | 5,680 | ||||
| Investment Assets (at valuation) |
776,962 | 644,525 | ||||
| TotalNet Assets | 851,224 | 713,821 |
| 2020 (21 | May on) | 2020 (to | 20 May) | |||||
|---|---|---|---|---|---|---|---|---|
| Receipts | ||||||||
| Notes | ||||||||
| Operating Activities to Further |
Charity's | Objectives | ||||||
| Museum ticket sales |
9,506 | 1,833 | ||||||
| Operating Activities to Generate |
Funds | |||||||
| Museum Shop Sales |
2,359 | 949 | ||||||
| Post and Packing charges made for sales | 305 | 191 | ||||||
| Research | 1,285 | 840 | ||||||
| Talks at The Wardrobe | 0 | 0 | ||||||
| Schools Visit | 100 | 199 | ||||||
| Royalties & Copyright | 87 | 0 | ||||||
| One Hundred Club |
237 | 0 | ||||||
| 4,373 | 2,179 | |||||||
| Investment Income |
||||||||
| Proceeds from Sale of Investments | 0 | 10,000 | ||||||
| Bank interest (COIF account) |
14 | 61 | ||||||
| Bank interest (Nationwide) |
0 | 210 | ||||||
| Bank interest (WMSF/Patrons | Account) | 0 | 0 | (N/A) | ||||
| 14 | 10,271 | |||||||
| Donations, Legacies and Other |
Similar Receipts | |||||||
| RGBW Central Museum Fund |
0 | 0 | ||||||
| Wardrobe Trading Company |
23,511 | 12,534 | ||||||
| Donations | 571 | 635 | ||||||
| Grants | 2 | 12,330 | 31,657 | |||||
| Gift Aid | 0 | 375 | ||||||
| W and MSF/Patrons | 1,852 | 1,900 | ||||||
| 38,264 | 47,101 | |||||||
| Other Receipts | ||||||||
| Total Receipts | 52,157 | 61,384 |
| Grants | Summary | Amount | |||
|---|---|---|---|---|---|
| Corona | Virus Retail, | Hospitality | and Leisure Business Grant | 2,700 | |
| Corona | Job Retention | (Furlough) | Scheme | 5,329 | |
| RGBW | Charities | 4,000 | |||
| AMOT | Grant (COVID-Secure expenses) | 301 | |||
| Total | 12,330 |
| Payments | 2020 (21 | May on) | 2020 (to | 20 May) | |||
|---|---|---|---|---|---|---|---|
| Payments for Generating |
Funds | ||||||
| Coach House Maintenance | 0 | 87 | |||||
| Research costs | 196 | 101 | |||||
| Museum Shop Operating |
Costs | 836 | 551 | ||||
| Museum Shop Stock Purchases |
792 | 150 | |||||
| 1,824 | 889 | ||||||
| Charitable Payments |
|||||||
| Tourism related Subscriptions |
398 | 536 | |||||
| Museum related Subscriptions |
193 | 62 | |||||
| Fire 8 Security | 0 | 101 | |||||
| Contents Insurance |
0 | 2,309 | |||||
| Trust Manager (was Manager |
Curator) | 18,462 | 14,357 | ||||
| Curator (was Assistant Curator) |
13,710 | 6,797 | |||||
| Weekend Desk Manning |
1,490 | 504 | |||||
| Paid Staff Expenses | 0 | 38 | |||||
| Volunteer Expenses |
697 | 176 | |||||
| Building/Garden Maintenance |
3,019 | 839 | |||||
| General Museum Purchases |
74 | 0 | |||||
| Museum Artefact Acquisitions |
0 | 0 | |||||
| Conservation | 89 | 360 | |||||
| Exhibition costs |
286 | 809 | |||||
| Schools Visit Costs | 0 | 29 | |||||
| Advertising | 502 | 480 | |||||
| Publicity (incl Printing) |
0 | 435 | |||||
| Web Site and IT Equipment |
1,985 | 2,659 | |||||
| 40,905 | 30,491 | ||||||
| Management and Administration |
|||||||
| Management Costs |
48 | 0 | |||||
| Training | 0 | 0 | |||||
| Office Equipment | 37 | 284 | |||||
| Postage | 87 | 29 | |||||
| Office Consumables (Incl COVID-19) |
1,617 | 282 | |||||
| Bank Charges/ Investment |
Administration | 0 | 7 | ||||
| WTC Costs | 13 | 0 | |||||
| 1,802 | 602 | ||||||
| Other Payments | |||||||
| Lease Reassignment costs |
0 | 12,525 | |||||
| New Legal Entity costs | 144 | 1,020 | |||||
| Grant For Growth Project | 2,629 | 1,690 | |||||
| 2,773 | 15,235 | ||||||
| Total Payments | 47,304 | 47,217 | |||||
| Net Receipts/Payments | 4,853 | 14,167 | |||||
| Cash and Other Monetary | Funds as at 21"May/1 | Jan | 63,616 | 49,449 | |||
| Cash and other Monetary | Funds as at 31"Dec/20'" | May | 68,469 | 63.616 |
| 2020 (21May on) | 2020 | (to 20 May) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Shop Sales | 2,359 | 949 | |||||||
| Cost ofSales | |||||||||
| Opening Stock |
5,679 | 6,129 | |||||||
| Shop Purchases | 792 | 150 | |||||||
| 6,471 | 6,279 | ||||||||
| Closing Stock | 5,833 | 5,679 | |||||||
| 638 | |||||||||
| Shop Profit before operating | costs | 1,721 | 349 | ||||||
| Operating Costs |
|||||||||
| Card payment device |
119 | 85 | |||||||
| Postage | 85 | 83 | |||||||
| Cardnet Charges | 183 | 68 | |||||||
| EPOS Till | 210 | 276 | |||||||
| Website Transaction | Fees | 58 | 39 | ||||||
| Shop Consumables | 150 | 0 | |||||||
| Total | 805 | 551 | |||||||
| Shop profit | 916 | -202 | |||||||
| Percenta e Profit Calculator |
|||||||||
| 2020 (21 | May on) | 2020 | (to 20 | May) | |||||
| Cost ofGoods Sold | |||||||||
| Opening Stock+ Stock in+ Operating | Costs | 7,276 | A | 6,830 | |||||
| Value ofgoods Disposed ofat Cost (gifts, write-offs) | 0 | ||||||||
| Add value ofClosing | Stock at cost | 5,833 | 5,679 | ||||||
| 5,833 | B | 5,679 | |||||||
| Cost ofGoods Sold | A —8 | 1,443 | C | 1,151 | |||||
| Income from Sales | |||||||||
| Sales income+ Closing | Stock | 8,192 | 6,628 | ||||||
| Deduct figure at 8above | 5,833 | 5,679 | |||||||
| Income from Sales | 2,359 | D | 949 | ||||||
| Profit | |||||||||
| Income from Sales (Fig D) | 2,359 | 949 | |||||||
| Deduct cost ofgoods | sold (Fig C) | 1,443 | 1,151 | ||||||
| Profit | 916 | E | -202 | ||||||
| Percentage Profit is: |
E x 100 | 639o | E x 100 | -189o |