Charity registration number- 272357 The Royal Regiment of Fusiliers Museum (Royal Warwickshire) Unaudited Accounts 31 March 2025
The Royal Reglment of Fusiliers Museum {Royal Warwlckshlre) Report and accounts Contents Page Charity inform81ion Trustees, Annual Report Trusle8s' Responsibilities Independent oxaminerfs report Statement ot financial aolivilies 24 6-7 Balance sheet Notes to Ihe accounts 10-12 Detailed statement ol financial actlVi8S 13-14
The Royal Regiment of Fusiliers Museum (Royal Wanvickshlre> Company Informalion Trustees Dr Alex Alexandrou FHEA FIPDA Colonel (Reldl Brian M Gorski OBE DL David Billingham Bsc Econ Carol Brown Brig (Retdl Charles Simon Calder OBE Ll Colonel (Rldl Anthony John Maslen Rice Chair of Trustees Biig IRetdl David Paterson 08E- appointed as chair in May 2024 Accountant$ Phillips and Becker Lld Accountancy House 4 Priory Fload Kenilworth Warwickshire CV81LL Bankers Lloyds Bank 12Swan St Watwick Warnickshire CV34 4BJ Registered Offlce Pageant House 2 Jury Street CV34 4EN Charity Reglstratlon Numer 272357
The Royal Regiment of Fusillers Museum (Royal WaMl¢k$hlrel Charity number: 272357 Trustees's Report The trustees, who arè dlrectors for the purposes t>f ¢ompany law. prgsent the annual report together with th8 financial siatements and auditors, report ol thg charitable company lorlhè porl¢xl end6d 31 March 2025. Alms amlpurpo The obj8ctiv8 of the Museum is 'To colect. preserve 2nd interpret the artelacts and tell thè story of the 6th Foot, the Royal Warnickshirè Rogimant, thè Royal Warmrickshirg Fusiliers, and 2nd Battalion the Royal Reuimenl ol Fusiliers and its successors, and to make thèm aecessible and ol educab.onl bgnefit to the public, particularty tuture gènerations aHd thereby to foster an interest in the nature ol soldiering and to refleot Ihe historic nature and continuing link between The Regiment and the peoplg of Warwi¢kshire and the West Midlands." The Museum is a registered charity numtror 272357 and is governed by.. - Trust8ès DeÈd Declaration dated 13 October 1976. - Trustees Deed document T80ISI 193.. SC 272 357 dated 11 May 1993, arnerxled by - Trustges Dged document W90 197.. SC 272 357 dated 6 March 1997. The Museum has Ac£rediiatitsn ststus (No. 6281 with Arts Council England IACEI. Historicly, the terrn Wawckshire" relates io thè curr8ni county ix)undary t¢yJether wth the Eastern and Southern portion ol th& West MK11and$, namely part ol the City ol Birmingham, thg City of Covgntry, Solihull and Sutton Coldlield. The Mus8um is now firfnty operational in its new location - Pageant Houso - in tho Cent of Warwick town and next to the Tourist Information office. A¢Uvllle$ Durln9 the Year 2024-25 Brigadier David Paterson. OBE took over the helm as Chalr of Trustees at the Trustees rneeting on 29th tsf May 2024. This has baan a full year of normal op9rations at Pageant House and Chris Kirby the Genera5 Manager 15 well seitled. He has made great progr8S5 in 'eslablishing' the Museum in rts new home in the heart of Warrick inctuding increasing local awareness, cernenting local relaiionships, buikling his team, and gripping the collection. Supportèd by Da Baynham. the Volunteers and Friends we now have a firm base on which lo thrive. Art$ Council of England Accredltatlon The focus was on gaining Musaum Accreditation from the Arts Council ol England. Acer8ditation is the industry standard by which museums are measured to ensure that they are applw'ng the best prauice in the care ol collEctiOn5, th8 prorTK)lion of, alld access to, those collections. and a sgund business operation ol the museum as a public institution with appropriate management of staff and volunteers. Accr8ditatioll *s vital lor us to function 8fli¢iently and. crucially, to be eligible for grAnt funding. The work, led by Chris arKI supported by the Trustees and tha Volunteers, involved an update of thg collection documentation aFKI organisalHJn and a Te-wrile of the essential policies and plans. Trust885 wer8 delight to hear in Septembar that our applieativn for Accfeditation was succosslul.
The Royal Reglment of Fuslllers Museum (Royal Warnlckshlrel Charity number: 272357 Trustees's Report The next has been very much on buikling a sewre and sustainable future through the development ol a business plan and lundraislng efforts. This includes developing the ffluseurn's role as part ol the Warwick Military Heritage Network to support Warwick District initiatives such as SurTrrn$r Tourism drives, Amied Forces Day and, for 2025, the Commemoration of VE80. Colleotions Managgment A pool ol voluntèers, including from thè Art Society Leamington Spa braneh have been sorting and aucllttng the collections lollovAng the rnajoT transfer from St. John's House. To date, 213rd of th8 co118cbons has now been audited and updated on the MODES database, a significant proportion of th8 Costume collection be8n labelled aNd the ole ¢ts11oclion relocated into better storage. In atjdition. the Museurn ar¢hNe at the Warnickshire County Record Oflice is being re-catalogued to lit into Ihtr archival syslerns ther&, making it easier lor the publi¢ to access relevant r8eord8. Tamporary Exhlbitlons One ot the main drivers to encourage visitors into th9 Mus8um has been a series ol tèmporary exhibitions. These a180 serve to display artifacts that are normally not on p8rmanent display and can be tham8d around specific historic or nationaj events. The Musèum has run three such exhibitions this y8ar, all of which have taken a huge effort from the Staff, Volunteers and Frionds but have increase(J the footfl and local awareness through Signifant local rnedia coverage. From February to May 2024 we ran'By a Thrgad- Embromlery and Needlework in Wartime,. The exhikntion displayed over 30 examp$ of striking embroidery and ne8(Ilewotk crealed by soldiers ot the Regiment and theii families in both Worhj Wars. Such Wofk was made lor both lor therapeutsc reasons as well as genoral wellbeing and as souvenirs ol seNic8. Th8 success of this exhibition has Tesulted in a new drive to improv8 the documentaUon and storage ol some 50 ple¢os in th8 collecion with a sue¢essfvl grant avrdrd from Imseum Development Midlands to do so. From June to Septerrber the iemporary exhibition locus switched lo 'Ashore We Stumbled The Royal Warwickshiro R8girnent and D-Day' In commèmoration of the 80th anniversary ol D-Day. The exhibits.on was presented almost exclusivety through the voie6s of thos8 01 the Regiment who exenc8d the Norrnandy campaign, drawing on unwblished reports and letters residing in the rnus8um's archive. The exhibilion was supported by remarkably generous loans ol original D-Day rekted material from Friend's VI Chair David Seeney, Friends cornrnittee member Alan Reed, and David Vaux. The exhibifion was opened by thè Mayor ol waCk on 1 st June supported by membgrs ol the Royal Warwickshire Ragirnent R8-enactors wth full kit and local media covèrage from BBC Midlands Today, ITV Central and BBC Coventry and Warwickshire Radio. There plans for both the Embroidery eXhIbOn and D Day exhibitlon to be recreated as digital resources on the museum's websile. Tho lIn 9¥hibition ot tho yoar Gomrnomorotod tho 850th annirAry of thc Rcgirnent'a foundaiion. 'Dressed to Serve- A 350th Commemoration ol thb Warwickshire Infantry,. This exhibition consisted 0110 unlorms from the rnuseum collection covoring nearfy the last 250 years of tts history. Each uniform offÉrèd the opportunity to 0xplore stories, events or interesting facts aboLrt the Fiegiment and its development. A selection of smaller &rtgfa¢ts frorll ornate belt plates io do¢umefjtary archives supported and supplement these stories. The Museum Friends The Museum Friends. by their Chair Jta Fletcher, have supported the Mus9um, in paCular thè exhibitions. though a programmo of relevanl, intergsllng and educational talks delivered as in-p8rson and remote events. Ot particular note was a day event wiEh a series of talks on the 80th Anniversary ol D-Day. Including a presentatlon trom Peter Hart on the planning of D-Day, there were talks on Montg(Fmery, the Balt1& of L8bisey and a poignant rèading of Bn'g Harry Illing's memor8 of D-Day by his grantson Rob
The Royal Regiment of Fuslllers Museum (Royal Warwlckshlre} Charity number: 272357 Trustees's Report The Trusieè Board has baèn r8fr8sh8d by ihè addltion ol hvo recently r8llr8d sgnlor offlc8rs from The Regirnenl, each ol whom has 0rational experience Ilraq and Afghanistan). In summary. a positive first year in our new location wth a refreshed dwlay whh brings the regirnent stories up to date to includ6 morg reeènt conflTrcts such as Afghanistan. Financially, despite tha Improvèm$nts to the mu$8um operations. funding ramains a ¢ha119rige. Inrne= £42,498 Expanditurè.. £69,750 The annual report was approved by the trustoes of charity 011 behaw by: and suned on its MrA.J. Truslee- Finance
The Royal Reglment ol Fuslliers Museum (Royal waleksh1re) Statement of Truslees. Responsibilities The Iruslees Iwho are also the directors of The Royal Regiment ol Fusiliers Museum (Royal Warwickshirel for the purposes ol company lawl are responsible lor preparing the trustees, report and the linan¢ial slalemenls in accordance wrth the Unf(ed Kingdom Accounting Standards (United Kingdom Generally Accepted Accotjnting Practice) and applicabl8 law and rogulalions. Company law require$ the trustees to prepare financial statements lor each financial year. Under ompany law the Iruslees must not approve the financial stalements unless they are satisfied that they give a true and lair view of the slate of affairs ol the charitable company and of its incoming resources and application ol resouces, including its income and expenditure, for that period. In preparing these financial stalements. the Iruslees are required to-. select suitable accounting policies and apply them consi19ntly', observe the melho(Js and piinciples in the Charities SORP., make judg8menls and estimates that are reasonable and prudent-, slate whether applicable UK Accounting Stardards have been followed, subjecl to any malerial departures disclosed and explainled in the financial slalemenls- and prepare the financial slalemenls on the going concern basis unless it is inappropriate to presume that the charitable company will ¢onlinue in business. The iruslees are responsible for keeping adequale accounting records that are sullicienl to show and explain the charitable company's transactlons and disclose with reasonable accuracy al any lime the financial position ol the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible lor safeguarding the assets ol the charitable company and hènce for taking reasonable steps lor the prevention and detection of fraud and other irregularities. Approved by the Iruslees of the charity on and signed on tts behf by= Mr A.J.M.Rice Trustee- Flnance
The Royal Regiment of Fusillers Museum (Royal Warwlckshlre) Independent Examiner's Slatemant lor the year ended 3110312025 Indendent Examlnerfs Report to tho tru$toes ol The Royal Regiment of Fusillers Museum (Royal Warwickshlre) I report lo the ¢harity truslees on my examination of the a¢counts of the charity tor the year ended 31 March 2025 which are set out on pages 8 to 14. Respe1ve responslblltles of truslees and examlner The trustees Iwho are also the directors of the company lor the purposes ol Gompany lawl are lesponsible lor the preparation of the accounts. The trustees consider thal an audit is not required lor this year under section 144{21 ol the Chariligs Act 2011 Ithe 2011 Actl and that an independent examination is needed. l am qualiligd lo undertake the examination by being a qualifigd member of CIMA. Hamng satisiled myself that th¢ charity is not subject to an audit under company law and is eligible for Indep9ndenl examination, it is my responsibilty to= examine the accounts under section 145 of the 2011 Act. - follow the procedures laid down in the gera1 Directions given by the char Commission under section 14515llbl of the 2011 Act= and - slate whether particular matters have ¢ome to my attention. Basls of Indepondent examlngr's stalem8nt My examination was carried out in accordance wf(h general directions given by the Charity Commission. An examination includes a r&view of the accounting records kept by the charity and a comparison ol the accounts presented with those records. tt also includes eonsideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would b8 required in an audit. and consequentty no opinion is given as lo whether the accounts present a "true and fair view" and the port is limited 10 those matters sei out In the statement below. Independent examinerfs statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe- 1. accounting records were not kept in reswi of The Royal Regiment of Fuslli8is Museum as required by secion 386 01 the 2006 Act., or 2. the accounts do not accord those records- or 3. the accounts do not comply with the accounting requirem8nts of section 396 01 the 2006 Act other than any requirement that the accoL¢nls give a Irue and fair view, which is not a matter onsiderod as part ol an irmyependenl examination. or 4. the accounts have not bgen wepared in accordance with the methods and principles of the Sialemenl of Recommended Practice for aoUntIng and reporting by charities lapplicablg 10 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10211.
The Royal Reglment of Fuslllers Museum (Royal WaThvlckshlre) Independent Examiner's Ststement for the year ended 31103r2025 Independem Examlner's Report to the trustees of Th8 Royal Regiment of Fusiliers Museum {Royal Warwickshirg) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this rewrt in order to enable a propel undeislanding ol the accounts lo be reached. Phillips and Beckgr Ltd Chartered Managemonl Accountants Accountancy House 4 Priory Road Kenilworth Wanmickshire CV8 1LL Dated: 04¢ //£ /2a£ S-
The Royal Regiment of Fu$llitrrs Museum {Royal W8rwlckshlre) Statem8nt of Flnancial Actlvltles for the year end8d 3110312025 (Includlng Income and Expnditure Account and St•tsment of Total Rg¢ogn18ed Gains and Losses) Unr08trfctsd nd$ Resirlcted fvnds 2025 2024 In¢ome: Income Irom generated fund5 Donattons. grants and legacies Olhertrading activiies 24,311 2.993 27.304 52,603 12.751 12,751 9,756 Inwmo from Inve&vnents 8.463 8,463 9,7Q4 her In¢omal Ilossl 16,0201 16.0201 530 Total Incom•and ondovmments 72.593 Expenses: Project experttUr0 Expgndilur8 on R&"$ed Funds 775 829 24,753 68.921 68,921 83.110 Expgrtditure on Charftablè a¢tDiil8 Total Exp¢n$oS 107,863 Nat galn$ on Invastmeilts Ngt Incomèl Ilossl 130,191) 2.939 {273521 135,2701 Galn81110$8esl on r&vahwll¢th of fixed a88e$t$ Net movemeni ol lunds: Nat Inm0 lor th8 year Totsl IL+nd5 brought forward Net *und$ ¢8riitd totward 130.191} 173.416 2,939 127,2521 195,2701 142.034 66.654 106.762 79,510 106,764 This statement of financial a1vite8 includes al galns and losses re¢ognised in the year. 1 incom¢ and expen(Jilure derive from Continuing actiMt8g.
The Royal R8glmgnt ol Fu8llFers Mugsum (Royal W•rwi¢kshlrel Charity numb•r- 272357 Balance Sheet at 3110312025 Not¢$ 2025 Flxed d$g0ts Invesiments TangltAe a$sets 61,535 80.379 Currant as•ts Sl(Kks 2,742 128 2.588 Debtors lamounls due wtttwn ona 3T) Cash at bank and in hand 201 27.426 30.215 19,676 Credltors.. amountslalllng dyg wlthln ona yÈ•r Net ¢urr8ni ¥9gts 17.974 26.382 TO1 a88Ot8 cuirent Ilabllti 106.762 Capital and Re8evves Rosbietod lunds 163.7151 166,6541 unrtld fiJnd$ Gen8r81 Fund 143,225 173,416 Total funds 79,510 106.762 For the linancial year $nding 3110312025 Iha tompany was 8nliNed 10 exèmption trom audit under section 477 of the Companles Acl 2006 relating 10 small companias. Tru$lees' respon$iLlilies'. - The membgrs have not rewir8d oomp8ny to obtain an aLklit of its aci%Jurtts for the year in queStn In accordar& with section 476 ofthg Companies Act 2006 - The directors acknoedge thr respowknli1s for coMYng wilh requlrements of the Act wrth respect to acctyJnbrvJ records 2nd the preparation ol accounts. These accounis have b88n prepared in accordance with the w0V10S aable ts comparugs subl8¢1 to thè small comparNès Approwd bythè board ol trustee on arxl slgned on tIrehalff by. Mr A.J.M.Ri¢e Trustee- Finartè
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Tho Royal Reglment ol Fu$lllers MuseuTr IRoy¥l Wal¢k¥hir8I Not*s to tho FirwiclaTr Ststements forthe year el8 31 March 20 2 Penslon CotstriJllo 2025 24 Pension Contritri1ons 2,212 2.212 27S5 27SS 3 Flnan¢lal As8et• Llsted IF1lMont9 Toial ost AI 3110W2024 57,553 4,886 17,653 57,$ 4,886 17,S DI$al$ AI 31103ts025 Amonisatlon At0110412024 Written Baek AI 311D212025 s2,9 122.8271 6.079 (22.8271 6.079 16.748 Ngt Book Amount• AI 3110312025 61.S34 61 AI 3110J12024 80,380 4 Tangible &$8 Equlpmo Toial Co8t AI 3110W2024 Addllions AI 31103tt025 27,554 27.$54 27S54 Oèpreclatlon AI 3110312D24 Chargeforthe ye8r AI 311D312025 27,553 27,553 27.553 27,553 N9t bookv8luo AI 31ffj312024 At3110312025 5 &ock 2025 2024 Slockcompromi$8s". Stock- General Stock- Bobby 1.571 1.017 2.742 6 Deblors ArTh>uTTrt5 falling dufrwilhin oneyar.. Otherdebiors 201 128 201
Th* Rtsyal Rogimontof Fusbller8 lAu88tr IFloyal Watwlck8hlrel Notes to the Financial Slatements for the sEar ended 31 Mah 2025 7 ¢rndltors: Amwnts Famlng Duo Wthlth OM Ywi 2025 2024 h&rCrodrfors Oth8r taxairon and Soal $Uty 510 480 1.702 8 Fwds Inwmino tgoing wried Transl8vs fonyard 202S Brought forward 2024 2025 uthstrICted fvjnds 173.416 39.505 169.6961 143,225 R8tstri¢tsd funds 2.993 63.71S Tow funds 69,750 In¢0Ing tgolng Carrted fovward Bmuthl I08d 2023 2024 2D24 2024 Unrgslrlcled fvndg 189,82B 66,698 5.893 I.110) 173.416 Rfrstrtctfrd funfj$ 47,7Q4 66.654 TO1 funds 72.591 107.863 106.762 12
The Ro1 R¥glment of Fu8ili8r8 Musèum (Royal Warwi¢k$hi} Incomlng Resources lor th• *T ended 3110312025 2024 Incomlng rosources Incomlng rosoure48 from genw¥ted fund$ Grants Arts Council Relocation Grant- Reslrirt The Misses Barrie Charitable Trust RHQ grat- Unr&stri¢ied 8rantwood Trust grant- Unrestrtcted Brantwood Trust grant- Reslric18d Royal WaTrwckshire Grant Ironbridge rge Grant- Restricted Court Leet- Rssirict8d Other Grants 3,124 3,000 25,000 1,028 2,991 10,0 1,798 2,571 415 2,106 46,923 6,116 46,923 48,923 6,116 Olher.. Museum Shop Profit Flesearch Education Commercial Fundial8lno Ticket Sales VAT reclaim8d 351 719 225 4,352 2(K> 7.442 7,774 107 12.757 9,756 Qonatlons Brand0d Trust Other donations Friends of th8 Museum RWarFu 11,187 5,681 10,000 21,187 5,681 15,437 33.938 Investment Incom8 Quiiier Ghevioi Inieresi Dividonds 2,766 ,877 2,7B2 Capllal galn on salèof InVestnts Capital gain 5,827 8,463 10,42S Olher Incomlng Resources Change in markel value of investments 6,020 530 72,594 13
The Hoyal Reglment of Fusillers IAu$eum {Royal wa1cksh1rOI Statement ol Flnancial Actlvltles for the year ended 3110312025 Oncludlng Incom8 and Expendtture Account and St#t•m8nt of Total R•cognls8d Galns and (Lo9) 2025 2024 Expensos Costs of Genèratlng Funds FundraÈsing Tr#ding Costs Cornmgrcial Fundraising Activites AMOT Lt Lucie-smith Plaque 776 776 Charltablo Aclivites Trustee meetings Rates InsuTance Marketing E¢tric, gas and water Rent Wages- regular Pension contrfbutions Statt travel costs Conservation Commission paid Maintenance Accountancy lees Professional f88S Project expendItu- restricted funds Stationary and office supplies Dèpreciation. Restricted Equiprnent Computer costs and website Subscnpbons Sundry axpèns8s 2,521 900 124 3,521 705 55,428 2,212 457 1,261 91 70.205 2.755 469 131 510 3.164 54 952 1.956 16,491 1,734 8.261 1,290 924 24 206 12 68.976 107,862 Tolal 69.752 107,862 14