| TRUSTEES | Colonel JRJ Powell OBE |
|---|---|
| Major D Bradley | |
| Major 0 Pollard BA | |
| Mn Beeston |
|
| Mrs S CTWarren | |
| Mr H Thomas MBE | |
| Majori Bennett | |
| Brigadier OWStokes MBEChair | |
| PRINCIPALADDRESS | PrincessofWales Royal Regiment |
| Leros Barracks | |
| Sturry Road | |
| Canterbury | |
| Kent | |
| cri 1HR | |
| REGISTERED CHARITY NUMBER | 1198899 |
| INDEPENDENTEXAMINER | Xeinadin Audit Ltd |
| 19 North Street | |
| Ashford | |
| Kent | |
| TN24 8LF | |
| HON. LEGALADVISOR | A Moss |
| BANKERS | The Royal BankofScotland Plc |
| Victoria Road | |
| Farnborough | |
| GU147NR | |
| Sarasin & Partners LIP | |
| Juxon House | |
| 100 St. Paul~s Churchyard | |
| London | |
| EC4M 8BU |
24/06/2025
| 31.12.24 | 31.12.23 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Designated | Unrestricted | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOMEAND ENDOWMENTS FROM | |||||
| Donations and legacies | - | 46,992 | 46,992 | 57,732 | |
| Charitable activities | |||||
| Friendsofthe Museum | 840 | 2,183 | 3,023 | 3,466 | |
| Investment income | 3 | 35,038 | 7,423 | 42,461 | 32,429 |
| Total | 35,878 | 56,598 | 92,476 | 93,627 | |
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Friendsofthe Museum | 15,322 | 71,458 | 86,780 | 109,676 | |
| Netgains on investments | 104,019 | 14,860 | 118,879 | 71,761 | |
| NETOPERATING POSITION | 124,575 | - | 124,575 | 55,712 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 1,207,726 | 316,819 | 1,524,545 | 1,468,833 | |
| TOTAL FUNDS CARRIED FORWARD | 1,332,301 | 316,819 | 1,649,120 | 1,524,545 |
| 31.12.24 | 31.12.23 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Designated | Unrestricted | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXEDASSETS | |||||
| Tangible assets | 6 | - | 1,056 | 1,056 | 7,409 |
| Heritage assets | 7 | - | 33,925 | 33,925 | 33,925 |
| Investments | 8 | 1,289,164 | 182,495 | 1,471,659 | 1,354,784 |
| 1,289,164 | 217,476 | 1,506,640 | 1,396,118 | ||
| CURRENTASSETS | |||||
| Debtors | 9 | - | 75,263 | 75,263 | 77,503 |
| Cash in hand | 43,137 | 29,360 | 72,497 | 71,165 | |
| 43,137 | 104,623 | 147,760 | 148,668 | ||
| CREDITORS | |||||
| Amountsfalling duewithin oneyear | 10 | - | (5,280) | (5,280) | (20,241) |
| NET CURRENTASSETS | 43,137 | 99,343 | 142,480 | 128,427 | |
| TOTALASSETS LESSCURRENTLIABILITIES | 1,332,301 | 316,819 | 1,649,120 | 1,524,545 | |
| NETASSETS | 1,332,301 | 316,819 | 1,649,120 | 1,524,545 | |
| FUNDS | 11 | ||||
| Unrestricted funds | 1,649,120 | 1,524,545 | |||
| TOTAL FUNDS | 1,649,120 | 1,524,545 |
| 3. | INVESTMENT INCOME | ||
|---|---|---|---|
| 31.12.24 | 31.12.23 | ||
| £ | £ | ||
| Otherfixed asset invest - FlI | 40,043 | 28,095 | |
| Deposit accountinterest | 2,418 | 4,334 | |
| 42,461 | 32,429 |
| 31.12.24 | 31.12.23 | |
|---|---|---|
| Employees | 3 | 3 |
| 6. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1January 2024 | 50,838 | 16,060 | 66,898 | |
| Additions | - | 449 | 449 | |
| At 31 December 2024 | 50,838 | 16,509 | 67,347 | |
| DEPRECIATION | ||||
| At 1January 2024 | 49,539 | 9,950 | 59,489 | |
| Chargeforyear | 1,299 | 5,503 | 6,802 | |
| At 31 December 2024 | 50,838 | 15,453 | 66,291 | |
| NET BOOKVALUE | ||||
| At31 December 2024 | 1,056 | 1,056 | ||
| At31 December 2023 | 1,299 | 6,110 | 7,409 | |
| 7. | HERITAGE ASSETS | |||
| Total | ||||
| £ | ||||
| MARKET VALUE | ||||
| At 1January 2024and 31 December2024 | 33,925 | |||
| NET BOOKVALUE | ||||
| At 31 December 2024 | 33,925 | |||
| At 31 December 2023 | 33,925 |
| . | FIXED ASSETINVESTMENTS | |||
|---|---|---|---|---|
| Cash and | ||||
| Listed | settlements | |||
| investments | pending | Totals | ||
| £ | £ | £ | ||
| MARKETVALUE | ||||
| At 1January 2024 | 1,354,784 | 2,508 | 1,357,292 | |
| Additions | 765 | - | 765 | |
| Revaluations | 116,110 | (807) | 115,303 | |
| At 31 December 2024 | 1,471,659 | 1,701 | 1,473,360 | |
| PROVISIONS | ||||
| Atiianuary 2024 | - | 2,508 | 2,508 | |
| Revaluation adjustments | (807) | (807) | ||
| At31 December 2024 | - | 1,701 | 1,701 | |
| NET BOOKVALUE | ||||
| At 31 December2024 | 1,471,659 | - | 1,471,659 | |
| At 31 December 2023 | 1,354,784 | - | 1,354,784 | |
| Therewere no investment assetsoutsidethe UK. | ||||
| Costor valuation at31 December2024 is represented by: | ||||
| Cash and | ||||
| Listed | settlements | |||
| investments | pending | Totals | ||
| £ | £ | £ | ||
| Valuation in 2024 | 1,471,659 | 1,701 | 1,473,360 | |
| 9. | DEBTORS: AMOUNTS FALLING DUEWITHIN ONEYEAR | |||
| 31.12.24 | 31.12.23 | |||
| £ | £ | |||
| Otherdebtors | 170 | 85 | ||
| Club | 150 | |||
| IntergroupAccount - PWRR | 75,093 | 77,183 | ||
| Prepayments and accrued income | - | 85 | ||
| 75,263 | 77,503 |
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| Tradecreditors | 51 | 7,248 |
| Taxation and social security | 454 | 1,262 |
| Other creditors | 4,775 | 11,731 |
| 5,280 | 20,241 |
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.1.24 | infunds | 31.12.24 | |
| £ | £ | £ | |
| Unrestrictedfunds | |||
| PWRR and Queen’s Regiment Museum | |||
| Fund | 316,819 | - | 316,819 |
| Surrey Infantry Museum Fund | 1,207,726 | 124,575 | 1,332,301 |
| 1,524,545 | 124,575 | 1,649,120 | |
| TOTAL FUNDS | 1,524,545 | 124,575 | 1,649,120 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | infunds | |
| £ | £ | £ | £ | |
| Unrestrictedfunds | ||||
| PWRR and Queen’s Regiment Museum | ||||
| Fund | 56,598 | (71,458) | 14,860 | - |
| Surrey Infantry Museum Fund | 35,878 | (15,322) | 104,019 | 124,575 |
| 92,476 | (86,780) | 118,879 | 124,575 | |
| TOTAL FUNDS | 92,476 | (86,780) | 118,879 | 124,575 |
| Comparativesformovementinfunds | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.1.23 | in funds | funds | 31.12.23 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| PWRR and Queen’s Regiment Museum | ||||
| Fund | 261,107 | (18,323) | 28,667 | 271,451 |
| Surrey Infantry Museum Fund | 1,207,726 | 74,035 | (28,667) | 1,253,094 |
| 1,468,833 | 55,712 | 1,524,545 | ||
| TOTAL FUNDS | 1,468,833 | 55,712 | 1,524,545 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| PWRR and Queen’s Regiment Museum | ||||
| Fund | 31,687 | (60,587) | 10,577 | (18,323) |
| Surrey Infantry Museum Fund | 61,940 | (49,089) | 61,184 | 74,035 |
| 93,627 | (109,676) | 71,761 | 55,712 | |
| TOTAL FUNDS | 93,627 | (109,676) | 71,761 | 55,712 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.23 | in funds | funds | 31.12.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| PWRR and Queen’s Regiment Museum | ||||
| Fund | 261,107 | (18,323) | 28,667 | 390,556 |
| Surrey Infantry Museum Fund | 1,207,726 | 198,610 | (28,667) | 1,258,564 |
| 1,468,833 | 180,287 | - | 1,649,120 | |
| TOTAL FUNDS | 1,468,833 | 180,287 | - | 1,649,120 |
| are asfollows: | ||||
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | infunds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| PWRR and Queen’s Regiment Museum | ||||
| Fund | 88,285 | (132,045) | 25,437 | (18,323) |
| Surrey Infantry Museum Fund | 97,818 | (64,411) | 165,203 | 198,610 |
| 186,103 | (196,456) | 190,640 | 180,287 | |
| TOTAL FUNDS | 186,103 | (196,456) | 190,640 | 180,287 |
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| INCOMEAND ENDOWMENTS | ||
| Donationsand legacies | ||
| Donations | 12,264 | 18,047 |
| Grants | 34,728 | 39,685 |
| 46,992 | 57,732 | |
| Investment income | ||
| Otherfixed asset invest - FII | 40,043 | 28,095 |
| Depositaccountinterest | 2,418 | 4,334 |
| 42,461 | 32,429 | |
| Charitable activities | ||
| Friendsof the Museum | 3,023 | 3,466 |
| Total incomingresources | 92,476 | 93,627 |
| EXPENDITURE | ||
| Charitableactivities | ||
| Wages | 59,248 | 65,405 |
| Pensions | 560 | 511 |
| Other operating leases | 2,397 | 3,533 |
| Rent | (8,282) | - |
| Travel | 2,643 | 780 |
| Telephone | 246 | 2,034 |
| Advertising | 193 | |
| Sundries | 2,616 | 2,534 |
| Membership Fees | 509 | 5,920 |
| Printing and Stationery | - | 702 |
| Repairs and Renewals | 5,816 | 6,216 |
| Consultancy | - | 2,130 |
| Insurance | 5,604 | |
| Fixtures and fittings | 1,299 | 1,346 |
| Computerequipment | 5,503 | 110 |
| 72,748 | 96,825 | |
| Supportcosts | ||
| Finance | ||
| Bank charges | (5) | - |
| 31.12.24 | 31.12.23 | |
|---|---|---|
| Finance | £ | £ |
| Governance costs | ||
| Auditors’ remuneration | 2,200 | - |
| Auditors’ remunerationfor non audit work | 5,936 | 6,360 |
| Accountancy and legal fees | 5,901 | 6,491 |
| 14,037 | 12,851 | |
| Total resources expended | 86,780 | 109,676 |
| Net income/(expendfture) beforegainsand | ||
| tosses | 5,696 | (16,049) |
| Realised recognised gainsand losses | ||
| Realised gains/(Iosses) on fixed asset | ||
| investments | 118,879 | 71,761 |
| Net income | 124,575 | 55,712 |