|||~
~
~
~|
|---|---|---|
|||The objects ofthe charity
in the following order of priority are:|
|||a.
The administration
and maintenance
ofthe property
belonging to the|
|||charity and known as The Wardrobe,
at Salisbury,
in the County of|
|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|
|||former regiments
(the Regimental
Collection) so as to educate the public|
|||and members
ofthe former regiments
in the history ofthe former|
|||regiments
and to promote
military efficiency.|
|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|
|regard to the guidance
issued
by the Charity||Counties ofBerkshire and Wiltshire,
and ofeducation
and outreach
aimed at
educational
groups.|
|Commission
on public|||
|benefit)||In deciding on the main activities the trustees
have had regard to the guidance|
|||issued by the Charity Commission
on public benefit.|
|~
~||~
~
~|
|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.|
|||The main achievement
ofthe Trust during the reporting
period was to provide
a|
|||museum
open for approx. 3 months to members ofthe public, following
COVID-|
|||secure guidelines.
During the periods ofclosure, the Trust allowed some|
|||continued
public access tothe Collection through
the Museum
web site.|
|||The Museum's
temporary
exhibition
for 2020 was entitled
"Dunkirk 80Years On".|
|||The trustees
regularly
review the finances,
budgets
and expenditure
against|
|Briefstatement
ofthe||budget together with an analysis ofcash flow.|
|charity's
policy on reserves|||
|||Reserves Policy. The policy ofthe Trustees
isto retain sufficient reserves
in cash to|
|||enable the routine operation
ofthe Wardrobe site and the museum to continue.|
|||Investments.
Investments
are made for growth
based largely on managed
funds.|
|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|