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|TRUSTEES|Colonel JRJ Powell OBE|
|---|---|
||Major D Bradley|
||Major 0 Pollard BA|
||Mn<br>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|





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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|





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|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|



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||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|





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|.|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|





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||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|



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|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|





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|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|