| 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 of a 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 |
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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 the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had |
This charity follows enduring objectives as shown above; main activities in relation to these objectives are the planning, financing and execution of rolling programmes ofmaintenance and improvement for the listed building and its grounds, of displays and exhibitions both in the museum and elsewhere in the Regimental Counties of Berkshire and Wiltshire, and ofeducation and outreach aimed at educational groups. |
| regard to the guidance issued by the Charity Commission on public |
In deciding on the main activities, the trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
| benefit) | |
| ~ ~ |
r ~ ~ ~ |
| Summary ofthe main achievements ofthe charity during the year |
The main achievement ofthe Trust during the reporting period was to increase our visitor engagement, returning our attendance figures to pre-Pandemic levels. Developments in our online presence across our website and social media enabled |
| the Museum to connect with as many interested parties as possible. |
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| The Museum's temporary exhibition for 2022 was entitled "The Prince Philip: |
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| Colonel-in-Chief" and highlighted the Regimental engagement ofThe Duke of |
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| Edinburgh. | |
| Brief statement ofthe |
The trustees regularly review the finances, budgets and expenditure against |
| charity's policy on reserves |
budget together with an analysis ofcash flow. |
| Reserves Policy. The policy ofthe Trustees is to 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 ofany funds materially in deficit |
None |
| ntents | Page | ||||
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| Company Information |
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| Independent | Examiner's | Report to the Trustees ofThe Rifles Wardrobe | and Museum | Trust ... | |
| Statement | ofAssets and | Liabilities. | |||
| Receipts and Payments. | |||||
| The Shop.. |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Cash Funds | |||||||
| COIF Account | 15,764 | 15,861 | |||||
| Savings Account | (Nationwide) | 42,707 | 42,686 | ||||
| Savings Account | (WMSF/Patrons) | 12,969 | 8,613 | ||||
| Current Account | 25,516 | 36,442 | |||||
| Cash in hand | 989 | 741 | |||||
| PayPal Account | 239 | 0 | |||||
| 98,184 | 104,343 | ||||||
| Other Moneta | Assets | ||||||
| Debtors | |||||||
| Trading Company | 0 | ||||||
| Others | 163 | ||||||
| 163 | |||||||
| Tota I Assets | 98,184 | 104,506 | |||||
| Liabilities | |||||||
| Creditors | 127 | ||||||
| Total Cash and other Monetary | Assets | 98,184 | 104,379 | ||||
| Other Assets | |||||||
| Shop stock | 8,284 | 5,391 | |||||
| Investment Assets (at valuation) |
778,589 | 840,785 | |||||
| Total Net Assets | 885,057 | 950,555 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Receipts | ||||||
| Notes | ||||||
| Operating Activities to Further |
Charity's | Objectives | ||||
| Museum ticket sales |
24,295 | 15,112 | ||||
| Operating Activities to Generate |
Funds | |||||
| Museum Shop Sales |
6,584 | 5,512 | ||||
| Post and Packing charges made for sales | 622 | 789 | ||||
| Research | 1,437 | 2,235 | ||||
| Talks at The Wardrobe | 45 | 42 | ||||
| Schools Visit | 27 | 610 | ||||
| Room Hire (not through WTC) |
2,032 | 672 | ||||
| Royalties 5Copyright | 108 | 46 | ||||
| 10,855 | 9,906 | |||||
| Investment Income |
||||||
| Proceeds from Sale of Investments | 0 | 0 | ||||
| Bank interest (COIF account) |
153 | 3 | ||||
| Bank interest (Nationwide) | 21 | 15 | ||||
| Bank interest (WMSF/Patrons | Account) | 6 | 0 | |||
| 180 | 18 | |||||
| Donations, Legacies and Other |
Similar Receipts | |||||
| Wardrobe Trading Company |
41,176 | 45,160 | ||||
| Donations | 3,895 | 1,779 | ||||
| Contactless Giving Device |
303 | 75 | ||||
| Grants | 4,500 | 48,068 | ||||
| Gift Aid | 1,815 | 0 | ||||
| W and MSF/Patrons | 4,350 | 6,819 | ||||
| 56,039 | 101,901 | |||||
| Other Receipts | ||||||
| Total Receipts | 91,369 | 126,937 | ||||
| Notes: |
| Payments | 2022 | 2021 | ||
|---|---|---|---|---|
| Payments for Generating |
Funds | |||
| Coach House Maintenance | 0 | 0 | ||
| Research costs | 374 | 316 | ||
| Museum Shop Operating |
Costs | 1,454 | 1,359 | |
| Museum Shop Stock Purchases |
3,203 | 2,217 | ||
| 5,031 | 3,892 | |||
| Charitable Payments |
||||
| Tourism related Subscriptions | 928 | 533 | ||
| Museum related Subscriptions |
743 | 0 | ||
| Fire 5Security | 0 | 0 | ||
| Contents Insurance |
3,190 | 2,179 | ||
| Trust Manager (was Manager |
Curator) | 32,218 | 27,649 | |
| Curator (was Assistant Curator) |
27,546 | 26,031 | ||
| Weekend Desk Manning |
4,989 | 2,968 | ||
| Paid Staff Expenses | 141 | 0 | ||
| Volunteer Expenses |
1,071 | 2,345 | ||
| Building/Garden Maintenance |
4,372 | 3,433 | ||
| General Museum Purchases |
357 | 236 | ||
| Museum Artefact Acquisitions |
69 | 861 | ||
| Conservation | 657 | 1,503 | ||
| Exhibition costs | 2,487 | 1,557 | ||
| Public Events | 100 | |||
| Schools Visit Costs | 0 | 0 | ||
| Advertising | 3,403 | 401 | ||
| Publicity (incl Printing) |
335 | 92 | ||
| Web Site and IT Equipment | 3,698 | 8,085 | ||
| 86,304 | 77,873 | |||
| Management and Administration |
||||
| Management Costs (Incl. Donation from COIF Account) |
298 | 130 | ||
| Training | 158 | 239 | ||
| Office Equipment | 634 | 703 | ||
| Postage | 6 | 29 | ||
| Office Consumables (Incl COVID-19) |
1,326 | 902 | ||
| Bank Charges/ Investment |
Administration | 378 | 98 | |
| WTC Costs | 13 | 13 | ||
| 2,813 | 2,114 | |||
| Other Payments | ||||
| Lease Reassignment costs |
0 | 0 | ||
| New Legal Entity costs | 0 | 0 | ||
| Grant For Growth Project | 3,416 | 7,148 | ||
| 3,416 | 7,148 | |||
| Total Payments | 97,564 | 91,027 | ||
| Net Receipts/Payments | -6,195 | 35,910 | ||
| Cash and Other Monetary | Funds as at 1"Jan | 104,379 | 68,469 | |
| Cash and other Monetary | Funds as at 31"Dec | 98,184 | 104,379 |
| Shop Sales | 6,584 | 5,512 | |||||
|---|---|---|---|---|---|---|---|
| Cost ofSales | |||||||
| Opening Stock | 5,391 | 5,833 | |||||
| Shop Purchases | 3,203 | 2,217 | |||||
| 8,594 | 8,050 | ||||||
| Closing Stock | 8,284 | 5,391 | |||||
| 310 | 2,659 | ||||||
| Shop Profit before operating costs | 6,274 | 2,853 | |||||
| Operating Costs |
|||||||
| Card payment device |
207 | 187 | |||||
| Postage | 323 | 373 | |||||
| Cardnet Charges | 457 | 293 | |||||
| EPOS Till | 360 | 360 | |||||
| Website Transaction | Fees | 107 | 125 | ||||
| Shop Consumables | 0 | 22 | |||||
| Total | 1,454 | 1,360 | |||||
| Shop profit | 4,820 | 1,493 | |||||
| Percentage Profit Calculator |
|||||||
| 2022 | 2021 | ||||||
| Cost ofGoods Sold | |||||||
| Opening Stock+ Stock In+ Operating | Costs | 10,048 | A | 9,410 | |||
| Value ofgoods Disposed ofat Cost (gifts, write-offs) | |||||||
| Add value of Closing | Stock at cost | 8,284 | 5,391 | ||||
| 8284 | B | 5,391 | |||||
| Cost ofGoods Sold (A —B) | 1764 | C | 4,019 | ||||
| Income from Sales | |||||||
| Sales Income +Closing Stock | 14,868 | 10,903 | |||||
| Deduct figure at Babove | 8,284 | 5,391 | |||||
| Income from Sales | 6,584 | D | 5,512 | ||||
| Profit | |||||||
| Income from Sales (Fig D) | 6,584 | 5,512 | |||||
| Deduct cost ofgoods | sold (Fig C) | 1,764 | 4,019 | ||||
| Profit | 4,820 | E | 1,493 | ||||
| Percentage Profit is: |
E x 100 | 273% | E x 100 | 379o |
| 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 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Cash Funds | |||||||
| COIF Account | 15,764 | 15,861 | |||||
| Savings Account | (Nationwide) | 42,707 | 42,686 | ||||
| Savings Account | (WMSF/Patrons) | 12,969 | 8,613 | ||||
| Current Account | 25,516 | 36,442 | |||||
| Cash in hand | 989 | 741 | |||||
| PayPal Account | 239 | 0 | |||||
| 98,184 | 104,343 | ||||||
| Other Moneta | Assets | ||||||
| Debtors | |||||||
| Trading Company | 0 | ||||||
| Others | 163 | ||||||
| 163 | |||||||
| Tota I Assets | 98,184 | 104,506 | |||||
| Liabilities | |||||||
| Creditors | 127 | ||||||
| Total Cash and other Monetary | Assets | 98,184 | 104,379 | ||||
| Other Assets | |||||||
| Shop stock | 8,284 | 5,391 | |||||
| Investment Assets (at valuation) |
778,589 | 840,785 | |||||
| Total Net Assets | 885,057 | 950,555 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Receipts | ||||||
| Notes | ||||||
| Operating Activities to Further |
Charity's | Objectives | ||||
| Museum ticket sales |
24,295 | 15,112 | ||||
| Operating Activities to Generate |
Funds | |||||
| Museum Shop Sales |
6,584 | 5,512 | ||||
| Post and Packing charges made for sales | 622 | 789 | ||||
| Research | 1,437 | 2,235 | ||||
| Talks at The Wardrobe | 45 | 42 | ||||
| Schools Visit | 27 | 610 | ||||
| Room Hire (not through WTC) |
2,032 | 672 | ||||
| Royalties 5Copyright | 108 | 46 | ||||
| 10,855 | 9,906 | |||||
| Investment Income |
||||||
| Proceeds from Sale of Investments | 0 | 0 | ||||
| Bank interest (COIF account) |
153 | 3 | ||||
| Bank interest (Nationwide) | 21 | 15 | ||||
| Bank interest (WMSF/Patrons | Account) | 6 | 0 | |||
| 180 | 18 | |||||
| Donations, Legacies and Other |
Similar Receipts | |||||
| Wardrobe Trading Company |
41,176 | 45,160 | ||||
| Donations | 3,895 | 1,779 | ||||
| Contactless Giving Device |
303 | 75 | ||||
| Grants | 4,500 | 48,068 | ||||
| Gift Aid | 1,815 | 0 | ||||
| W and MSF/Patrons | 4,350 | 6,819 | ||||
| 56,039 | 101,901 | |||||
| Other Receipts | ||||||
| Total Receipts | 91,369 | 126,937 | ||||
| Notes: |
| Payments | 2022 | 2021 | ||
|---|---|---|---|---|
| Payments for Generating |
Funds | |||
| Coach House Maintenance | 0 | 0 | ||
| Research costs | 374 | 316 | ||
| Museum Shop Operating |
Costs | 1,454 | 1,359 | |
| Museum Shop Stock Purchases |
3,203 | 2,217 | ||
| 5,031 | 3,892 | |||
| Charitable Payments |
||||
| Tourism related Subscriptions | 928 | 533 | ||
| Museum related Subscriptions |
743 | 0 | ||
| Fire 5Security | 0 | 0 | ||
| Contents Insurance |
3,190 | 2,179 | ||
| Trust Manager (was Manager |
Curator) | 32,218 | 27,649 | |
| Curator (was Assistant Curator) |
27,546 | 26,031 | ||
| Weekend Desk Manning |
4,989 | 2,968 | ||
| Paid Staff Expenses | 141 | 0 | ||
| Volunteer Expenses |
1,071 | 2,345 | ||
| Building/Garden Maintenance |
4,372 | 3,433 | ||
| General Museum Purchases |
357 | 236 | ||
| Museum Artefact Acquisitions |
69 | 861 | ||
| Conservation | 657 | 1,503 | ||
| Exhibition costs | 2,487 | 1,557 | ||
| Public Events | 100 | |||
| Schools Visit Costs | 0 | 0 | ||
| Advertising | 3,403 | 401 | ||
| Publicity (incl Printing) |
335 | 92 | ||
| Web Site and IT Equipment | 3,698 | 8,085 | ||
| 86,304 | 77,873 | |||
| Management and Administration |
||||
| Management Costs (Incl. Donation from COIF Account) |
298 | 130 | ||
| Training | 158 | 239 | ||
| Office Equipment | 634 | 703 | ||
| Postage | 6 | 29 | ||
| Office Consumables (Incl COVID-19) |
1,326 | 902 | ||
| Bank Charges/ Investment |
Administration | 378 | 98 | |
| WTC Costs | 13 | 13 | ||
| 2,813 | 2,114 | |||
| Other Payments | ||||
| Lease Reassignment costs |
0 | 0 | ||
| New Legal Entity costs | 0 | 0 | ||
| Grant For Growth Project | 3,416 | 7,148 | ||
| 3,416 | 7,148 | |||
| Total Payments | 97,564 | 91,027 | ||
| Net Receipts/Payments | -6,195 | 35,910 | ||
| Cash and Other Monetary | Funds as at 1"Jan | 104,379 | 68,469 | |
| Cash and other Monetary | Funds as at 31"Dec | 98,184 | 104,379 |
| Shop Sales | 6,584 | 5,512 | |||||
|---|---|---|---|---|---|---|---|
| Cost ofSales | |||||||
| Opening Stock | 5,391 | 5,833 | |||||
| Shop Purchases | 3,203 | 2,217 | |||||
| 8,594 | 8,050 | ||||||
| Closing Stock | 8,284 | 5,391 | |||||
| 310 | 2,659 | ||||||
| Shop Profit before operating costs | 6,274 | 2,853 | |||||
| Operating Costs |
|||||||
| Card payment device |
207 | 187 | |||||
| Postage | 323 | 373 | |||||
| Cardnet Charges | 457 | 293 | |||||
| EPOS Till | 360 | 360 | |||||
| Website Transaction | Fees | 107 | 125 | ||||
| Shop Consumables | 0 | 22 | |||||
| Total | 1,454 | 1,360 | |||||
| Shop profit | 4,820 | 1,493 | |||||
| Percentage Profit Calculator |
|||||||
| 2022 | 2021 | ||||||
| Cost ofGoods Sold | |||||||
| Opening Stock+ Stock In+ Operating | Costs | 10,048 | A | 9,410 | |||
| Value ofgoods Disposed ofat Cost (gifts, write-offs) | |||||||
| Add value of Closing | Stock at cost | 8,284 | 5,391 | ||||
| 8284 | B | 5,391 | |||||
| Cost ofGoods Sold (A —B) | 1764 | C | 4,019 | ||||
| Income from Sales | |||||||
| Sales Income +Closing Stock | 14,868 | 10,903 | |||||
| Deduct figure at Babove | 8,284 | 5,391 | |||||
| Income from Sales | 6,584 | D | 5,512 | ||||
| Profit | |||||||
| Income from Sales (Fig D) | 6,584 | 5,512 | |||||
| Deduct cost ofgoods | sold (Fig C) | 1,764 | 4,019 | ||||
| Profit | 4,820 | E | 1,493 | ||||
| Percentage Profit is: |
E x 100 | 273% | E x 100 | 379o |