Combined Mili
Services Coll
on
io
Combined MRlitary Services Collection
Report and Financial Statements
Year Ended 31" March 2024
Registered Charity No. 1196112

ombined Mili
Io
Contents
Legal and administrative inforn)ation
Report of the Trustees
Statement of financial activities
Notes fom)ing part of the financi￿ statements

Combined Mili
Ilection CIO
Legal and athninistrative inforniation
Trustees".
Dr RJ Wooldrid8e {Chainn8n)
Dr DA Bleay
Mr Richard Lamian
l¥incipal Otyice..
Ravenscroft
St Josephs Abbey
Storrington
Wesi Sussex
RH20 4GJ
Bankers..
Barclays
Page I

ined Mili
Services C 11
io
Report of the trustees for the year ended 31. March 2024
M2n28ement
The trusiees that served during the year and since are as follow5.'
Dr RJ Wix)Idridse {Chairnian)
Dr DA Bleay
Mr R Lamlan
Objectives ind Activilies
The charities objertive 1$..
'To advance the education of the public by increasing access to and appreciation of The
CMSM Collections of UK miliiary artefacts and documents across the UK, and for their
conservation. preservation and restoration.,
The Charity will c(Foperate with other charities, voluntary bTrJies and statulory authorities
operating in furtherance of the objective and io exchange infoTmation and advice with them.
Achievements And performance
The Covid Pandemic rneant the closure of the Combined Military Services Museum. Durin
this period. the Museums Govemance was reviewed and il was decided io add an additional
CIO Charity thai hold& cares for and adMini￿er5 the collection itself. This new charity is
now sel up and operational. Working alon¥side the 0ri8inaJ charity no 1058595. That
continues io run the museum itself operationally.
Public Benefii
The trustees have complied with Ihe duty in section 4 of the Charities Ath 2006 to have due
regard to public benefit guidance as published by the Commission.
The charities objective is 'To advance the education of the public by increasing access to and
appreciation of The CMSM CollecEions of bK military anefacts.
In order to comply with this objective. Ihe trustees will operaie the CMSC Charity and ensure
it is available to the public for educational purposes.
Volunteers
The charity will encourage new volunteers to join and assisting in the Charities objectives.
Financial review and reserves
The financial results for the year are shown on pa8e 4.
Durin8 this first financial year there have not been any purchases of tan8ible fixed assets or
property.
Plans for future periods
During the coming financial year (he trusiee's plan is review ils collections, and plan for the
ture in order to fulfil all of its duties in both carin8 for its collections and educaiing the
¥eneral public.
Page 2

Combinaj Mili
ervices Collection Cl
Report of the trustees for the year ended 31° March 2024 (continued)
Statement of Trustees responsibililies
The Tn]siees are responsible for preparing the Trustees Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards. (Uniied
Kingdom Generally Accepted ACc(￿nting Practice}
The law applicable to charities in England and WaleslNorthern Ireland requires Trustees to
prepare financial statements for each financial year which give a true and fair view of ihe
state of affairs of the charity and of the incoming resource5 and application of resources of
the charity for that perithj.
In preparin8 these financial statements, the Trusiees are required to..
l. Select suithble accounting policies and ihen apply them consistently.
2. Observ¢ the meth(Mls and principles in the charities SORP.
3. Make judgements and estimates that are reasonable and prudent.
4. State whether applicable accountin8 Standards have been followed. subject to any
material departures disclosed and explained in th¢ financial slalementS
5. Prepare the financial statements on the going concern basis unless it is inappropriate
lo presume that the charity will continue in operation.
The trusiees are responsible for keeping accounting records thai disclose with reasonable
accuracy al any lime the financial position of Ihe charity and enable them to ensur¢ that the
rinancial statements comply with the Charities Act 1993, the Charity {Acwunts Reports)
Regulations 2008 and trust deed They are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps for the prevention and d¢tcction of fraud
other I￿¢SuIanties
On behalf of the Board of Trustees
Dr R J Wooldridge
Chairnian
14th April 2024
Page 3

ombined Mili
Services Collection CIO
StatemeDt of financial activities
(W•AQ
102
£000
Iod
0.00
Vjth
£OOD
EO.OD
Eoo
loo¢
*&
IOOD
EOOD
4b
(M•
Pa8e 4

ombined Mili
Statement of fmanciat activities (Continued)
The financial slatements on page 4 were approved by the trustees on 14th April 2024
Dr R J Wooldridge
On behalf of the board of Trustees
Page 5

ined Mili
Services Collection
Notes forming part of the financial statrments for the year ended 31 st March 2023
l. Accounting policies
(a) BASIS of preparation
The financial staiements have been pr¢paTed under the hiswical Cost convention, with
the exception of investments which are included at the market value.
The financial slatements have been prepAre3d in accordance with the Statement of
Recommended Practice (SORP) 'Accountin8 and Reportin8 by Charities, published in
2005 and applicable accountin8 siandards
(b) Chirity Si*tus
The chariiy is constituted by a Governin8 Document (CIO)
Ic) Fundj
All the funds are unrestricted funds which are available for use at the discretion of the
trusiees in funherance of the general ci)jectives of the charity and whi¢h have not
been designated for other purposes.
(d) Incoming rtjourcej
All incomin¥ resources are included in the statement of financial activities when the
charity is legally entitled io ihe income and ihe amount can be quantified with
reasonable ac¢uTa¢y.
{e) Grxnts And donalions
Grants and don4tions are only includ¢d in lh¢ sthiement of financial activities when
the charity has unconditional ¢ntitl¢ment to the reswrces.
(D Resourtes expended
All expendilure TS accounted for on an accruals basis and has been Classified under
headings thai a￿regate all costs relaied to the category Where costs cannot be
directly attributed to particular headings they have been allocaied to activities on a
basis consisteni with the use of the reS(￿rceS.
(8) Tangible fixed asseis and deprffialion
There are no &n8ible assets in this years aCc(￿nI. however. il is the chaTities policy to
depreciate ils assets ai rates ca]culaied io write off the costs over their expecied useful
onomir Iivc5 35 fdiows.
Freehold land and buildings (see note 2.1) Not depreciated
Artefacts Isee note 3)
40t depreciated
Plant
l(P/o reducin8 balance basis
Fixtures. fittings and equipment
10•/0. 2￿/fj and 250/0 reducin8 bal&nc¢
basis
(h) Trusteej remuneration
The trustees neither received nor waived any ernoluments during the year under
Page 6

in
ces Collecti
(i) Stock
The charity does not currently hold any stock However, for future year5 it is planned
to hold a stock of merchandise and refreshmenis for sale to the genLYal public It is the
chariues policy that these will be valued at the lower CO￿ and the nel realisable value.
ti) Foreign currencies
Transactions in forei8n currencies are recorded al the raie ruling al the date of the
transaclion. Monetary assels and liabilities are translaied ai ihe rale of exchan¥e ruling
at the balance sheet date All differences are iaken to the statement of financial
activities.
(k) Volunlary ijsistsnce
The N'alue of any volunwy help received is not included in the accounls.
(l) Tax clwirns on donalions and gifts
Incoming resources from tax reclaims will be included in the statement of financial
activities at the same lime as the 8ifi to which they relat¢.
(m) Investment income
This is included in the acC￿niS when received.
2. TAngible As$el$
There are no tan8ible assets owned by the charity for ihis financial year.
2.1 Deprecialion of freehold property
The tNstee$ are of the opinion that the value of property over the lon8 terni will in
genernl increase Therefore. the realisable value of any property owned will always be
in exce55 of cosL and as such no depreciation need be provided.
3. Historic Assets
Some exhibit5 on display at the Combined Military. se￿Ice5 Collection are on
pemianent loan or on lease to the charity. Therefore, these do not fom pan of the
charities assets.
All artefacts owned by the charity will be valued at cost The truslees are of the
opinion that the value of historic artefacts over ihe long lerni will in general increase.
Therefore. the realisable value of an), artefacis owned will always be in excess of COSL
and tt3 Juch no depreciation need be provided.
4. Unrestricled funds
The Irnstees are of the opinion that all fees rerxived to date are unr¢stri¢l￿ in nature.
5. Tour income l Merchandise ttc
These are shown net of related expenses.
S. TaxAlion
The Combined Military Services mUsL￿m is a registered charity. As such its source of
income and 8ains are exempt from i&xation io ihe exieni thai they are applied
exclusively io its charitable objectives No tax charge has arisen in the charity during
the year.
Pa8e 7