Combined Military Services Museum Report and Financial Statements Year Ended 31 August 2025 Registered Charity No. l 196090
in Mili Contents Legal and administrative infoTmation Report of the Trustees Statement of financial activities Notes forniing pan of the financial staiements
in Mili Legal and administrative infonnation Trustees.. Dr RJ Wooldrid8e (Chairnian) Dr VEY Te Velde Mr MJ Dedman Principal OtTice: RaNen5croft Si Josephs Abbey Siorrinwon Wesl Sussex RH20 4GJ Pa8e I Report of the trustees for the year ended 31 A August 2025
in Management The Irustees that served during the year and since are as follows.. Dr RJ Wooldridge (Chainnan) Dr VEY Te Velde Mr MJ Dedrnan Objectives and activities The charities objective is. 'TO ADV ANCE THE EDUCATION OF THE PUBLIC IN THE HISTORY AND MILITARY ACCOMPLISHMENTS OF THE BRITISH FIGFrriNG FORCES FROM MEDIEVAL TIMES TO THE PRESENT DAY BY OPERATING THE COMBINED MILITARY SERVICES MUSEUM. The charity will ¢(OPerate with other charities voluntary bodie5 and statutory authorities operatin8 in furtherance of the objective and to exchange infomiation and advice with them. Achievements gnd performance The Covid Pandemic meant the closure of the Combined Military Services Museum During this period. Ihe Museums Governance was reviewed and it was decided to move to A CIO Charity. This new charity is now sei up. however is not yei operational. It will replace the original chartty no 1058595. The new CIO has yet to trade. Public Benefit The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance as published by the Commission. The charities objective is 'To advance the eduution of the general public by operatin8 CMSM, In order to comply with ihis objective. the SteeS will operale the CMSM Museum and ensure it is open to the public for educaiional purposes. Voluntter5 Th¢ Charity will encourage new volunteers to join and assisting in the Charities objectives. Financial review and reserv The financial results for the year are shown on page 4. Durin¥ this first financial year there have not bttn any purchase5 of tangible fixed asset5 or property. Plan5 for future periods During the coming financial year the trustee's plan is to make the new CIO operational and to fulfil all of its duties in bthh caring for its collections and educating the 8eneral public. Pa8e 2 Report of the trust¢¢s for the year ended 31" August 2025 (continued)
in io Statemtnl of Trustees respon5ibilitie5 The Trustees are responsible for preparing the TTUStees Report and the financial statements in accordance with applicable law and LTniied Kingdom Accountin8 Sthndards (United Kingdom Generally Accepta Accounting Practice) The law applicable to charities in England and WaleTrI0rthern Ireland requires Trustees to prepare financial staiements for each financial year which give a true and fair view of ihe state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial stalements. the Trustees are required to: l. Select suitable acCnting policies and then apply them consistently. 2. Obs¢rv¢ ihe methods and principles in the charities SORP. 3. Make judgements and estimates that are reasonable and prudent 4. State whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements 5. Prepare the financial slalemenls on the 80in8 concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financiat Position of the charitv and enable them to ensure ihal the financial staiemenis ¢omply with the Charities Aci 1993. Ihe Charity (Accounts Reports) Regulations 2008 and trusi deed They are a150 responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the Prevention and deieaion of fraud and other irregularities. On behalf of the Board of TTUStees Dr R J Wooldridge Chairnian 1st May 2026 Page 3
in rvi There has been no trading during the financial riod. and the CIO has not opened a bank account. Page 4 Staiement of financial activities
in Mili MCIO All the results as shown on page 4 are due to there being no financial activity. The financial statements on page 4 were approved by the trustees on I st May 2026 Dr R J Wooldridge On behalf of the board of Trustees Page 5 Notes forniing part of the financial slatunenis for the year ended 31 si Augusl 2024
l. Accounting policies (A) Basis of preparation The financial staiemenls have been prepared under the historical Cosi convention. with th¢ ¢xception of investmen15 which are included at the market value. The financial sthiements hav¢ be¢n prepaTe3d in accordance with the Statement of Recomrnended Practice {SORP) 'Accwniing and Reponin8 by Charities, published in 2005 and applicable accounting standards (b) Charity StAtus The charity is constituted by a Governin8 Drnent (CIO) (c) Funds All the funds Ire unrestricted funds which are available for use ai the discretion of the trustees in furtherance of the general d)jectives of the charity and which have nol been desi8nated for other purposes. (dl Incoming resources All incoming resources are included in the statement of financial aciivilies when the harity is le8allv entitled to the income and the lount Can be quantified with reasonable accuracy. le) Grants #nd donations Grants and donations ar¢ only included in the sthtemenl of financial activities when the charity has uncondilional entitlement to the r¢Sr¢ (D Resouttes expended All expenditure is accounted for on an aCCnlS basis and has been classified under headings thai 88gregate all costs related to the category Where costs cannoi be directly attribuied to particular headin8s they have been allocated to activities on basis consistent with the use of the 5rceS. (81 Tgngible fixed assets and depreciation There ar¢ no tsngible assds in this )'ears account; however. it is the charities policy to depreciate its assets ai rales calculated to write off the costs over their expected useful economic lives as follows". Freehold land and buildings (see note 2.1) Not deprttiated Artefacts (see note 3) Plant Not depreciated Fixlures. fittings and equipment l (P/• reducing balance basis 10•/0. 200/• and 250/0 reducing balanr basis (h) Tru51ees remuneration The trustees neither recaved nor waived any emoluments durin8 the year under review Page 6
(i) Stock The charity d(rs not cuentlY hold any stsxk. However. for future years it is planned to hold a stock of merchandise and refreshment5 for sale io the general public. It is the chariti¢5 policy that these will be valued ai the lower cost and the net realisable value. li) Foreign currencies Transactions in foreign cUen¢1es are recorded ai the rale rulin8 al the dale of the transaction. Monew assets and liabilities are translaied at the rate of exchange rulin8 at ihe balance sheet date All differences are taken to the statement of financial activities. Ik) Voluntsry assistance The value of any vduntary help received is not included in the accounts. (l) Tax claims on donations and gifts Incoming resources from tax reclaims will be included in the statement of financial activities at sam¢ time as the wft to which they relale (ml Inves¢n)ent income This 1$ included in the acc(wnts when received 2. Tangible AJKts There are no tangible assths owned by the charity for this financial year. 2.1 Depreciation of freehold property 'I'he Iruslees are of Ihe opinion ihai the value of property over the lon8 tenn will in general increase. Therefore. the realisable value of any property owned will always be in ¢x¢ess of cosL and as such no depreciation need be providejj, 3. Hijtoric assets Some exhibits on display at the Combined Military Services MuSm are on pernianent loan or on lease to the charity. Therefore. these do not foTrn part of the charities assets All art¢facis owmed by the chaTity will b¢ valued al cost. The irustees are of the opinion thai the value of hi$ioric anefacts over the long temi will in general increase. Thefore. the realisable value of any artefaths owned will always be in excess of cos( and as such no deprttiation need be provided. 4, LTnreJtrirtcd fuvdj The trustees aTe of the opinion that all fees rtteived to date are unrestricted in nature. S. Tour income l Merchandise etc These are shown nei of related expenses. 5. T*xgtion The Combined Military Services Museum 1$ a registered charity As wch its s(xwce of income and gains are exempi from taxation to the exteni that they are applied exclusively to its charitable objeciives. No tax charge has arisen in the charity durin8 the year. Page 7