*XXVII LXVII THE ROYAL HAMPSHIRE REGIMENTTRUST Chairman-colonel SAC Frere-cook MBE Secretary- Lt Col CA Bulleid ST 1.The Royal Hampshire R8gimentTrust contlnues to act 8$ the umbrella forth8 followlng charltyfunds: The Royal Hampshire Regiment Museum The Royal Hampshire Regimentwelfare Fund 272965 246902 2. Th8 Royal Hampshlre Regiment Trust- Summary 8. Work has continued to streamline the administrative burden of the Trust during the year. The original plan was to do the necessary papemork ourselves and applyfor both charities to become Charit8ble Incorporated Organis8tions ICSOS), however it rapidly became clear that this was a major undertaking and not as easy a task as first presumed, so it was decided to employ a soli¢itorto do this in 2025. b. The 2022 lease continues to run with the Regimental Trust paying Hampshire County Council IHCCI the agreed £10.000 per annum as the Upkeep and Maintenance charge for the use of the Ground Floor of Serle's House. This sum includes an element for the provision of fuel and light,. despite financial constraints on the Council, it was perceived that the cost of splitting the wiring and piping for separate meterage would not be cost effective. b. Lt Col CA Bulleid continues as Trust Secretary and Chlef Executive on a part time basis13 days a weekl. Mrs Susannah Jatvis, remains the Curator. In addition, 3 part-time assistant curators are now employed to carry out"Front of House" duties and help the Curator with ancestor research enquiries etc. Volunteers (now more Lay members of the public than ex-soldiers for the first timel continued to do outstanding and essential work- especially in the Museum and Memorial Garden. c. The footfall by the general public, which had marginally increased post Covid Pandemic, has still not returned to pre-covid numbers and more work will need to be done to encourage this.
- Flnancial Policies Funds for the 2 charities in the Trust are accounted for separately, but all continue to contribute to core expenditure. The Transaction account continues to manage thls. The Welfare Fund continues to foster 'esprit de corps, las the Comrades, Association did before it) and Welfare Grants are also paid from this fund as had happened in the past with the Hampshire and Isle of Wight Military Aid Fund. b. The investments, with Newion Investment Managernent Ltd since 2015, have continued to produce excellent returns. Trustees believe sufficient funds need to be generated and held in reserve in order of priorityto.. lil Support benevolence and esprit de corps for former members of the Royal Hampshire Regiment and who are in need, hardship, or distress. lill Improve and refresh the Museum displays so that these continue to enlighten the Public about the County Regiment as welltheArmytod8y. In 2024, a revamp ofthe museum was started to coincide with the 80" anniversary of the D Day Landings. This was Started, but for various staffing reasons was not fully completed and was rolled into 2025. liiil Insure the museum and its artefacts against unexpected disasters. livl Naintain the Memorial Garden to a high standard. c. Looking ahead, Trustees project at least a further 25 years required for benevolence. Forthe Museum and Memorial Garden, we are looking. initially, to 2032. We assess annual running costs, using predominantly volunteers working under an experienced curatorial team. to be of the older of £80-90k a year from 2024.
- General Policies Risk assessment, DDA and child protection policies continue to be maintained. The Child Protection Policy forms part of our Accreditation Status. A schedule of all risks is assessed annu811y covering the Museum, the Memorial Garden. electrical and office equipment. A COSHH register is also maintained, including d8tes when inspections and risk assessments and action taken, are carried out.
- Regimental Museum & MemorialGarden a. Whilst the Museum continues to subscribe to and be part of the Winchester Military Museums. group, it remains an independent body. Additionally, the Trustees continue to: lil Provide education opportunities. Working with the Winchester Military Museum group, the Hampshire and Isle of Wight Military Museum Forum. Trustees offer a range of exhibits and demonstrations to encourage schools to visit. Visitor numbers were still down on pre-covid rates as tourists returned and people got back into the habit of going to public institutions; in 2024they remained around 6,000 which were approximately the same as the 2023 figure. lill Advertise widely 8nd use our website to encourage visits of groups of all ages. liiil Meet requests by local organisations to provide staff and Regimental experts to lecture on military and Regimental matters. livl Encourage esprit de corps amongst former members of the Regiment. b. Subscriptions via standing orders and donations for the Museum and the Memorial Garden in 2023 were: i) Museum £11,700 andthe Memori81 Garden £1,700. lill Donations for the Museum £7,500- Memorial Garden £620.
c. Trustees recognise the need to maintain the profile of the British Army in general and of the Royal Hampshire Regiment's successors. the Princess of Wales's Royal Regiment, in particular. To achieve this, they display a range of military publications and include a PWRR spe¢ifi¢ display. d. Farnily Ancestor Research. The Museum maintains its complete archive, the contents of which are available to the general public via the museum staff. The number requests from the general public for assistance in researching ancestors connected with the Regiment has remained at around 25 per month, though there has been a relu¢tan¢e from people to pay for the research. A full ancestor research report takes around 4 hours to complete and this is becoming 8 drain on staff time. Interest is now predominantly in WW2. with a steadyflow of requests aboutWW1. 6. Memorial Garden a. The Memorial Garden continues to be maintained as a place of tranquillity and is regularly visited through the year. Members of the public enjoy sitting on the benches, 8 sandwich lunch 8nd time for reflection. 7. The Comrades, Assoclatlon . On account ofthe demographics ofthe body ofthe Comrades. Association, there are nowtwovery distinct gTOUPS of Comrades. The°Town Branches". which had been formed atthe end ofWW2 and were sustained bythe Nation81 SeNice generation are dwindling on account of age and morbidity and a number ofthe Branches have nowclosed. The"YoungerGeneration" ofcomradeswho tended to serve in the 1970s1805 and early 90s continue to hold their annual reunion in Portsmouth in March each year, this is continuing and up to 200 Comrades attend. Communication between the two groups is either via the Branch Secretary (for the older generation) and via social media Iforthe younger generation). b. As well as fostering the esprit de corps of the Regiment, welfare grants are given to ex-soldlers and their families as necessary, if in need, hardship or distress. Grants given by the Hampshire and Isle of Wight Military Aid Fund continue to be'topped, up bythe Comrades, Association Fund (for soldiers). 8.The Royal Hampshlre Reglmenlwelfare Fund Grants to soldiers continue to be given by'The Hampshire and Isle of Wight Military Aid Fund, 8fter recommendation from SSAFA or the Royal British Legion. More than half of the gr8nts in in 2024 were over £500, with many being8t £1,000, butthe overall number ofgrants remained at about 20. The cases were evenly spread between assistance for brown or white goods for home. rnobility aids leg hoists, electric scooteTS or beds and retraining. b. No gfantwas made in 2024to anyformerofficerwhich in the pastwould have been made fromthe Princeps Bowden Smith Memorial Fund, before it merged with the Comrades, Association in 2021. Chairman of Trustees "Ctslonel Simon Frere-cook MBE 22n¢ October 2025
REGISTERED CHARITY NUMBEIL. 272965 rt of the TTuJttts Whe¢ler & Co Ltsl ChJrt¢red AccountaDts 14 Church Strttt Whit¢hurch Hampshire RG28 7AB
Df IR Report of Ihe Truytees I to 3 Indep¢lld¢nt Examlnerfs R¢w¢ St•teme•t of Fl4andal Acthfltle• B•l•n¢¢ She¢t Note4 to the FIDn¢ll Stteme#ts 7 to 11 Detsiled Staternenl of FiBmei•l Adivit 12
fiment muse rt of the Trusteu for the Year Ended 31$¢ Dtt¢mber 2024 The trwtees present their reF with th¢ fwncial 51ments ofthe charity for the year 3 1st December 2024. The trusttts have &lopted the provisi¢)Dg of AcciMmtj and ReIng by Clwities.. Sta¢emeni of Recommended Practice applicable th charities preparing their accounts ill ac&)rdance with the Financial Reporting Standard aM)licable in the UK and Republic of Ireland IFRS 102) (eff¢di l Jury 2019). OWECTJVES AND AcrivrriES Objectives and almi The i)bits of the Museum are to.. l. Edu1¢ the public and rnemlJffl5 of the Regiment (the Princess of Wales's Royal Regiment (PWRR)) in the history of the Royal Hampshire Regiffjent and its military accomplishments. 2. To uphold th¢ tradtiions and perpethate the of the ROY Hampshire Re8imenL The Museum will acbieve this by the preSeTVati pthlic exhibiiion of the Re8itneDtsI Collection c¢)Trsisling of thKuments. art¢fa 8tKI other items c(¥Thect¢d WTth the Roy41 Hwnpsbire Regiment or the Princess of Wales'8 Royal R¢8im¢nt. The object of the Memorial Garden is the upkcep, main¢¢n¥n¢¢ and m8Dagtment and PTQVi5ion to the public of the Garden of Rern¢mbraDce known The Royal Hampshir¢ R¢gim¢nt MemoriAI Garden for the following pUlp(e.. l. The scatterin¥ of ash¢$ of forni8r manbcT5 of the Royal Hampshire R¢gim¢nt. 2. A quiet place to hold Services Rememiyance and Reunion for M¢mb¢rs of the Comrade5' Associ}0 and other awpriale Regimental AS¢lationS throughout the Ye required. 3. A quiet place for ¢ont¢mplation by the blIC and fonner members of the Royal Hampshire Regiment &like. Sl¥lllfk#nt •¢tlvltl¢s Tte¢S vthe4 for a pro8ramme of refiwbi5hment in the World Wor 2 room, involving removing some of the old display case5 And the badly scratrhed glass and replacin8 thn with lloi onty b&spoke c&ses bui a]so with extra cases. Thi$ bas been a gr¢ su¢¢es$, and we are now able lo show off some of th¢ intereMin8 artefacts haven'l belore been able io frt into the theme of other di¥layy. In additioo a nwnber of the w15, which ID fact beell board in picture window& hve now had the old plywthl coveys r¢pl4¢¢ ond have been insulat&J (which they werenl befor¢) and more securety boxed in. This is considerabty beffer for the ¢orts¢rvation of the items bein8 displayed on the othw side of the window. Two of the part time wistsnts who b¢eD wolD¥ fff a CO1¢ of years bave now moved on and two replacements were r¢cTUited and employed. The si8nifican¢e factor is that one 1$ now contracted work on a Saturday ID additiort to his other 2 dayy, whi¢h h&% 901ved the issue of a de¢reasin¥ number of volunleerg willing to open the museutn up at weekends. Otherwise. Mrs Susannah JaThis continues to curate the museum and Lt Col Bulle14 only Iw reswnsibility f(K the fan u well as the CotllTode$ 8nd Welfare side of the Re8iment41 TrL The Mernoria] Garden continues to be maintained as a ple of tranquilliry and rtfiection. The red roses which had been instslled 3 years a80 ate not doing well are urtdrr Teview before beiDg sorttd out and the variety being ¢h8n8ed. STRuuRE, GOVERNANCE AND MANAGEMENT Governing doeuw¢nt The Charity is controlled by its governing lkncumL 8 s¢heme da¢¢d 1st April 2003 including a uniting dir¢ction. linked to the Royal Hampshire Regiment Comrades. Association (2469021 The Royal Hampshire Regiment Memorial Gard¢n Trust (275653) and Miss Prin¢ep's Bowd¢n-Smith Memorial Fund (253997) and constitutes an uninco01ated charity. On 8th Decembtr 2020 The Royal Hampshire R¢gtment Memorial Garden Tnt bMne litik*J io this ¢harity &$ one repcrting uniL Page I
Ro IHm hire R ent Musewn Re rt of the Trusttts ror the Year Ended 31st Deeember 21124 STRUCTURE, GOVERNANCE AND MANAGEMENT Tru$t¢e$' Powerd In addition to any other werS which they bave, the TntsteLs may exercise the following i. tn fithe¢ of the objects of the dwili¢g: Power to delegate the wfoTrnan¢e of any including the exercise of any w)wer or discretion to a committee con51Sting of any two or more of the Trusttts. (The T[te$ mt exerei5e rea&bI¢ sup¢ryision ov¢r the committ¢¢ and the committee must prornOty rewL their acts and woceedings to the Tn). b. Power to make rnles and r¢gu]*ions ¢SiS¢¢nt with th¢ Schem¢ for th¢ mana8cmenl of th¢ ¢hariti¢s. . Power to c¢Trop¢rat¢ with other clwiii¢& volunw iM)die5 and swor authoriti. Th¢ Tnte¢S may exchange infomiation and advic¢ with th¢ d. Power to en511re against lblIC Liability an4 if aFyropriit¢, p10Y¢rs. liability. and to insur¢ the buildin85 of the charity io their full va]ue a8ainM f¢ and ill oth¢r wual risks (¢x¢¢pt to the ¢X¢¢ni that the buiiditi85 are insured 48ainsl any of these risk5 by a tenant). e. Power to appotnl s1aff (who znusi not be Tntstees) and pay them retsOnle ronuneratio in¢ludmg pension provision for than al their dep¢nd¢nts. f. Power to acquire or hire property aThJ to mainlain and equip 1¢ for use for the puryx)5¢5 of the charities. 8. Power to raise fid5 and to invite and receive contr1ttionS provhled that in rnising fun(ts the Trustees must not undertake any substantial perman¢ni tradnjg a¢riviti¢S ond mum ¢imf(mn w any relevant requir¢ma)ts of the law 2. In t7therce of the objects of the Museum.. . Power to conserve. r¢store. repair, rtrwnsttwt pres¢tv¢ obj¢¢ty in th¢ Regimentsl Collection b. Powet to exhibit the Regimttl Colledion in a museum 4x mus¢wn$ or su¢h othw wblic places as the Trustee$ may decide ¢. Power to acquire imi$ for the Regrnenthl Colkcticffl fLr public exhiltion. REFERENCE AI¥D ADMINISTRATIVE DETAJiS R¢gl$tsre41 Ch#rlty number 272965 Prlnelpal iddrem Serle's House South8ate Street Winchester Hwnpshire S023 9EG Trust Col SAC Frere-cook MBE Lt Col CF WaTTeD OBE Brig TAL GI&q$ Brig DA Harrison MBE DL Col PA Davis CBE Lt Col SJ Nye MBE Maj MF Pear¢e C&pt JM Curtis Ms AE Stone Chlirnian Se¢retsry Li Col CA Bull¢id Pag¢ 2
ent Museu R¢ rt of the Truste¢s for tbe Yr Ended Jlst DeceMr 20 REFERENCE AND ADMINISTRATIVE DETAits Independe•t Examiner Wh¢¢l¢r & Co Ltd The Slwubbery 14 Church Street WThitchurch Hampshire RG28 7AB Approved ty order ofthe lwd 0ftr OD ....J&...Tvo£..Tr.).&g and si8oed on its behalf by: Col SAC Frere-ck. Trustee
Inde ndent Examitier's Re rt to the Trustees of Ro al Ham ent Museu IndependeDt examinerf$ report to the Intte& of Royal Hmpskire Repment Musetrm I report to the clwity tntee$ on my examiDalion olth¢ accounts of RO Hatnpthire Regiment MI (the Trnst) for the year ended 3 1st December 21r24. RPonSIbImtles aThd basls of reporl As th¢ chariry trnstees of the Tnjst you are responsible f(r the iry•ratiffl of the in acwrkn¢e with the rwuirem¢nts of the Charities Act 2011 Cthe Act). I rep iti resw of my examitmtiott of the Trusvs accounts CrIed out under Section 145 of the Act and in canying out my txamittation I have followed all applicable DireCtI¥1¥¢n by th¢ Clwity C(Knmission und¢r Section 145(5)(b) of the Act. lrtdependent exmIne9 itstemet I have eompleted my examination. I cfflfinn that no Mala1 maua5 have colne to my Iitention in connecti{ with the examilon givin8 rne cause to believe that in any matrrial rwti aecouniing rec((th were not kem in re$pKt of the Tn 15 rquired by Sertion 130 of the A¢L or th¢ accounts do not accord wtth those records: (r th¢ Count8 do not comply with the applicable rtquimcnts concerniD8 the form and ¢ontent of a¢count$ set Oui in the Chartties (Accouttts and Reports) Re8ulations 2(X)8 (rther than any requirement that the acwjnts give a true and fair view wllich 15 not a matter considered as part of aD indepathnt examination. I have no concems and have come across no other matters in CODnection with the examinion io which attention shoum Ix dr&wn in this report in der to enable a proper UDderstaDding of the ac¢owits io rea¢h¢d. Koviti Wheeler FCA Wheeler & Co Ltd Chartered Acwunt4nl8 The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB
Ro 'al Ha htr¢ tt Statement of Activities for the Year Ended 31st December 2024 31.12.24 31.12.23 Royal Hompshtre Regitnenl Hampshire M¢moria] Regiment Garden Museum Trust Totsl fimds Total funds INCOME AND ENDOWMENTS FROM tnlon3 and legaci¢$ 30,921 2J23 33244 29.782 Othertrading adivities Investment income 11,308 388 11,308 388 10.535 Tot•1 FXPENDITURE ON Raising funds 2.871 2.871 2,268 Charitsbl¢ •¢tlvhl Museum support I.448 1452 100,448 2.452 26.188 2,050 Totsl 105 771 Net 8ains on investments NET INCOMEI{EXPENDITURE) (48279) 2,323 {45.956} (37.774) RECONCILIATION OF FUNDS Total funds Effought forward 247,194 2.910 250.104 287.878 TOTAL FUNDS CARRIED FORWARD 198915 Pa8e 5
B*&ntt Shttt 1st Dttembtr 2(k24 31.12.24 31.12.23 Royal Royal Regiment Hampshire Memorial Regiment Garden T(rtal funds fund$ FIXED ASSETS Investments 163.396 163J96 148.521 CURRENT ASSETS Stocks tkbto Cash at bank and in hpJ 6,983 957 6.983 957 7,363 4,632 100810 10 37.847 14,128 51.975 112.805 CREDITORS Amounts falling thie within One year {2,328) (8,895} (11223) (11,222) NET CURRENT ASSETS 101583 TOTAL ASSETS LESS CURRLNT LIABILITIES 198.915 5233 204,148 250.104 NET ASSETS 198915 FUNDS Unre5tri¢ted funds 12 TOTAL FUNDS The f stalemen approved by the B0d of Tnjskes and authorised for issue were si8ned on its half by: SAC Frere•Cook. TnL8tee Page 6
al Ham birt Re ent Mwemm Notes to tht FiDneial Stalthents for the Yr EDded 31st December 2024 ACCOUNTING POLICIES Bayly ofprep#riDg the fw•tt¢l#l rtatemeDts The fiDancial swements of the ¢harity, whieh is a public benefit entity undw FRS 102. have been preped in aCcdance with the Chariti¢5 SORP (FRS 102) 'Aeeounting and Reporting by Charities.. Statanent of Recommended Practice applicable to ¢hariti¢s prepAring their accounts ID accordan with the Financial Rwrting Standard applicable ID the UK and R¢publi¢ of brland (FRS 102) {effediv¢ l Jgnu8ry 2019),. Financial Reporting Standard 102 Th¢ FiDon¢itil StsndaTd applicabk in the UK 8nd Republic of Irel8n(r #nd the Charities A( 2011. The fJnon¢iAI ststements have been prepared under th¢ historical cost convention. with the exceptioii of itivesthlents which ue included at makn valu< as modified by th¢ revaluasion of certain asse IncoThe All income is recogllis in the Statement of Finan¢ial A¢tiviiies once the charity h&8 ¢ntitl¢mettt to the fijnds, it is Probable th•t the income will be received and th¢ amowit e4n be measured reliably. Expendi¢ur¢ Liabilities are Tccognis¢d 0$ expenditure a5 soon as there i$ a legal or cot1Ve obli8ation comrnirting the tharity io that cxp¢ndiiure, it 1$ probable that a transfer of ¢¢onornic tnefits wiu be requtred in settlement and the arnounl of th¢ obligation can be me&wJred reliably. ExpthdifLtre is accounted for on an accrua15 bAsi5 and h& been classified un(kr headings that a88re8atr all cost lated to the catrgiiry. Where costs cannot b¢ dir¢diy attributed to particular headings they have been allocated w aaivities on a basis consistent with the of resource5. Stoc Si(Kks are valued at th¢ lower of coyt n¢¢ reali5able vall after makiD8 due allowance for obxole and slow-rnoving items. TAxatlo The charity is ex¢mpt from t&x cffl its charitabk xtivilies. •¢¢outttln8 Unr¢stri¢ted fvrtds can be used io accord¢¢ with the ¢harithble objectives at the discTet#)n of the tnLttees. Restrided fvnds can onty be used for Particul restricted puryoses within the obje¢¢s of the Charity. Restrictions ari5¢ when specified by the donor or when funds ar¢ rais¢d fry pfirticulBr restricted PU0$e5. Further explana11( of th¢ Dature and Purp of each fund li iti¢luded in the notes to the financial ateMents. Hlre pllreh*se And kaslng Rent815 paid under operating leases are chaT8ed ¢0 the Ststement of Financial Activities straight-line basi$ over the period of th¢ leas¢. DONATIONS AND LEGACILS 31.12.24 31.12.23 Iknnations Gift aid Subscriptii)ns Sundry in¢om¢ 12,449 7,088 13,364 343 9.896 6.570 13,264 52 33 Pag¢ 7 continued...
Roi'*l Ham ent 31.12a4 31.12.23 Shop in¢om¢ ReseaT¢h ftes 10,142 9,145 INVESTMENT INCOME 31.12.24 31.12.23 Deposit xcount interest 388 CHARITABLE AcnvfTIES COSTS Support costs {see note 6) Totals Museum 42.148 58.3(Xl 100,448 Garden 5UPF&ft SUPPORT COSTS Finance 50 TRUSTEES, REMUNERATION AI¥D BENEFf13 There were no trwttts. remunerati or other beDefits for the y¢tr end&1 3 1st De¢ember 2024 nor for the year d¢d 31$t Dec¢mber 2023. Trujtees, expenxs There were no trustees, expenses paid for the year tnded 31 December 2024 nLY for the ye4r ended 31st De¢¢mber 2023. Pag¢ 8 continued..
1 Ham bire R ell¢ Muyeu FIXED ASSET INVEMENTs Unli5t¢d inve5(ments MARKET VALUE At 1st January 2024 Additlons Disposais R¢v&luations 148,521 20,(KK) (20,000) At 3 1st D¢¢¢mb¢r 2024 NET BOOK VALUE Al 3 lst December 2024 Al 3 1st D¢cembeT 2023 148521 There were no inv¢stsnent asts outside the UK. Investments ar¢ managed by BNY Mellon Fund Mw¢rs Limited and held in the N¢wtyn Growth and incom¢ Fund for Chtiritiej. The historic cost of thege invesllnents is £140.(XYI: revaluati w dat¢ £23.396. STOCKS 31.12.24 31.12.23 Finished goods 10. DEBTORS: AMOUNIS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Ehpoyinents 957 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.12.24 31.1223 Other creditors 11 MOVEMENT IN FUNDS Net rnovement in funds At 31.1224 At 1.124 Unrestricled fuDdJ Royal Hampshire Regirncnt Museum Ro>'al Hampshire Regiment Memorial Garden Ttugt 247,194 (48,279) 198,915 TOTAL FUNDS )ntinue&..
R '1 Hm ettl Mujell 12. MOVEMEIYT IN FUNDS. ¢ontlnued Net movement in iTh¢luthd in the th)ve are follo Incoming Gains aDd Movement in funds UDrertricted fundy Royal Hampshire Regiment Museum Royal Hampshire Regiment Mem1a1 Garden Trust 41617 (105.771) 14.875 (48,279) 105 771 TOTAL FUNDS 105771 45 956) Comp4r•tlv¢J frtrr mov¢m¢Dt In tsDds Net movement in fiJnd8 At 31.12.23 At 1.1.23 UnT¢Strk¢¢d funds Roy8] Hwnpshire R¢gim¢ni mSeUm Royd Hampshire Re8imeM MemoriAI G8rden Tntsi 275201 (28.007) 247.194 287 878 TOTAL FUNDS 287 878 Comparniive Det movon¢nt in funds. in¢tud¢d in the ob)v¢ are 05 follow8: ]n¢omin8 Gain$ aDd Movement in funib expended UDrutrieted fundj Royal Hampshire Regiment Museum Royal Hampshire Regiment MemoTi41 Garden TThst 39202 (76,466) 9,257 (28.007) TOTAL FUNDS Pag¢ 10 continued...
blre 12. MOVEMENT IN FUNDS- eoJhtinp¢d A current year 12 rn(Thths and priLY year 12 rnthS combined I7¢70 1$ &$ follows: Net movement in funds At 31.12.24 At 1.123 Unrestrlrted fumdg Royal Hampshtre Regiment Mgell Royal Hampshire Re8im¢nt M¢mori41 Garden Trust 275201 (76286) 198.915 287 878 TUTAL FUNDS 287 878 204 148 A cutTent year 12 rnth$ ond prior year 12 months combined Jxt mov¢m¢nt in fid8 included in the above are as follows.. In¢oming Gain5 and losses Movemenl in funds exrrtnd1 Unrejtrlrted funds Royal Hampshire R¢gim¢nl Museum Royal Hampshire R¢gim¢nt Memorial Garden Th15t 81.819 (182237) 24,132 (76,286) TOTAL FUNDS 13. RELATED PARTY DISCLOSURES Theff w¢re no relaid party tra[Nl$M$ for the year ¢N1¢d 31st Decanber 2024.
al Ham ire Re entm 31.12.24 31.1223 INCOLktE AND ENDOWMENTS Donations and ie8a¢i Donations Gift aid Substriptions Sundry income 12,449 7.088 13.364 343 9,896 6.570 13.264 52 33,244 29,782 Other trading actlvhies Shop income Research fees 10,142 9.145 11,308 10.535 Investm¢Dt Income Deposit a¢count inter¢st 388 Total InCOlD% ruoU¢s 41,485 EXPENDITURE Other trndlng cthtltio# Purch&4cs 2,871 ChArltsble ietivltles Rent Bths and water Insuranc¢ Garden maintetmt Subscriptions Con$¢rvation and restoration Display ¢ost$ Re$¢or¢h and archive Volunte¢r5' expBnges Museum acquisilions Repairs and mainlenan¢e 2,500 2,008 3250 2,452 7.500 4,341 2,283 2.050 686 325 26,448 2.068 105 4.637 9,460 1.677 83 158 28238 Support costl MD8gemtnt Share of ¢08ts 58250 58.IK)O FiA*n¢• Bank tharges 50 10 Net e3penditsr¢ This page thes not fLYm of the slaiiiw fi[l¢la1 statements Page 12
REGISTERED CHARITY NUMBEIL. 272965 rt of the TTuJttts Whe¢ler & Co Ltsl ChJrt¢red AccountaDts 14 Church Strttt Whit¢hurch Hampshire RG28 7AB
Df IR Report of Ihe Truytees I to 3 Indep¢lld¢nt Examlnerfs R¢w¢ St•teme•t of Fl4andal Acthfltle• B•l•n¢¢ She¢t Note4 to the FIDn¢ll Stteme#ts 7 to 11 Detsiled Staternenl of FiBmei•l Adivit 12
fiment muse rt of the Trusteu for the Year Ended 31$¢ Dtt¢mber 2024 The trwtees present their reF with th¢ fwncial 51ments ofthe charity for the year 3 1st December 2024. The trusttts have &lopted the provisi¢)Dg of AcciMmtj and ReIng by Clwities.. Sta¢emeni of Recommended Practice applicable th charities preparing their accounts ill ac&)rdance with the Financial Reporting Standard aM)licable in the UK and Republic of Ireland IFRS 102) (eff¢di l Jury 2019). OWECTJVES AND AcrivrriES Objectives and almi The i)bits of the Museum are to.. l. Edu1¢ the public and rnemlJffl5 of the Regiment (the Princess of Wales's Royal Regiment (PWRR)) in the history of the Royal Hampshire Regiffjent and its military accomplishments. 2. To uphold th¢ tradtiions and perpethate the of the ROY Hampshire Re8imenL The Museum will acbieve this by the preSeTVati pthlic exhibiiion of the Re8itneDtsI Collection c¢)Trsisling of thKuments. art¢fa 8tKI other items c(¥Thect¢d WTth the Roy41 Hwnpsbire Regiment or the Princess of Wales'8 Royal R¢8im¢nt. The object of the Memorial Garden is the upkcep, main¢¢n¥n¢¢ and m8Dagtment and PTQVi5ion to the public of the Garden of Rern¢mbraDce known The Royal Hampshir¢ R¢gim¢nt MemoriAI Garden for the following pUlp(e.. l. The scatterin¥ of ash¢$ of forni8r manbcT5 of the Royal Hampshire R¢gim¢nt. 2. A quiet place to hold Services Rememiyance and Reunion for M¢mb¢rs of the Comrade5' Associ}0 and other awpriale Regimental AS¢lationS throughout the Ye required. 3. A quiet place for ¢ont¢mplation by the blIC and fonner members of the Royal Hampshire Regiment &like. Sl¥lllfk#nt •¢tlvltl¢s Tte¢S vthe4 for a pro8ramme of refiwbi5hment in the World Wor 2 room, involving removing some of the old display case5 And the badly scratrhed glass and replacin8 thn with lloi onty b&spoke c&ses bui a]so with extra cases. Thi$ bas been a gr¢ su¢¢es$, and we are now able lo show off some of th¢ intereMin8 artefacts haven'l belore been able io frt into the theme of other di¥layy. In additioo a nwnber of the w15, which ID fact beell board in picture window& hve now had the old plywthl coveys r¢pl4¢¢ ond have been insulat&J (which they werenl befor¢) and more securety boxed in. This is considerabty beffer for the ¢orts¢rvation of the items bein8 displayed on the othw side of the window. Two of the part time wistsnts who b¢eD wolD¥ fff a CO1¢ of years bave now moved on and two replacements were r¢cTUited and employed. The si8nifican¢e factor is that one 1$ now contracted work on a Saturday ID additiort to his other 2 dayy, whi¢h h&% 901ved the issue of a de¢reasin¥ number of volunleerg willing to open the museutn up at weekends. Otherwise. Mrs Susannah JaThis continues to curate the museum and Lt Col Bulle14 only Iw reswnsibility f(K the fan u well as the CotllTode$ 8nd Welfare side of the Re8iment41 TrL The Mernoria] Garden continues to be maintained as a ple of tranquilliry and rtfiection. The red roses which had been instslled 3 years a80 ate not doing well are urtdrr Teview before beiDg sorttd out and the variety being ¢h8n8ed. STRuuRE, GOVERNANCE AND MANAGEMENT Governing doeuw¢nt The Charity is controlled by its governing lkncumL 8 s¢heme da¢¢d 1st April 2003 including a uniting dir¢ction. linked to the Royal Hampshire Regiment Comrades. Association (2469021 The Royal Hampshire Regiment Memorial Gard¢n Trust (275653) and Miss Prin¢ep's Bowd¢n-Smith Memorial Fund (253997) and constitutes an uninco01ated charity. On 8th Decembtr 2020 The Royal Hampshire R¢gtment Memorial Garden Tnt bMne litik*J io this ¢harity &$ one repcrting uniL Page I
Ro IHm hire R ent Musewn Re rt of the Trusttts ror the Year Ended 31st Deeember 21124 STRUCTURE, GOVERNANCE AND MANAGEMENT Tru$t¢e$' Powerd In addition to any other werS which they bave, the TntsteLs may exercise the following i. tn fithe¢ of the objects of the dwili¢g: Power to delegate the wfoTrnan¢e of any including the exercise of any w)wer or discretion to a committee con51Sting of any two or more of the Trusttts. (The T[te$ mt exerei5e rea&bI¢ sup¢ryision ov¢r the committ¢¢ and the committee must prornOty rewL their acts and woceedings to the Tn). b. Power to make rnles and r¢gu]*ions ¢SiS¢¢nt with th¢ Schem¢ for th¢ mana8cmenl of th¢ ¢hariti¢s. . Power to c¢Trop¢rat¢ with other clwiii¢& volunw iM)die5 and swor authoriti. Th¢ Tnte¢S may exchange infomiation and advic¢ with th¢ d. Power to en511re against lblIC Liability an4 if aFyropriit¢, p10Y¢rs. liability. and to insur¢ the buildin85 of the charity io their full va]ue a8ainM f¢ and ill oth¢r wual risks (¢x¢¢pt to the ¢X¢¢ni that the buiiditi85 are insured 48ainsl any of these risk5 by a tenant). e. Power to appotnl s1aff (who znusi not be Tntstees) and pay them retsOnle ronuneratio in¢ludmg pension provision for than al their dep¢nd¢nts. f. Power to acquire or hire property aThJ to mainlain and equip 1¢ for use for the puryx)5¢5 of the charities. 8. Power to raise fid5 and to invite and receive contr1ttionS provhled that in rnising fun(ts the Trustees must not undertake any substantial perman¢ni tradnjg a¢riviti¢S ond mum ¢imf(mn w any relevant requir¢ma)ts of the law 2. In t7therce of the objects of the Museum.. . Power to conserve. r¢store. repair, rtrwnsttwt pres¢tv¢ obj¢¢ty in th¢ Regimentsl Collection b. Powet to exhibit the Regimttl Colledion in a museum 4x mus¢wn$ or su¢h othw wblic places as the Trustee$ may decide ¢. Power to acquire imi$ for the Regrnenthl Colkcticffl fLr public exhiltion. REFERENCE AI¥D ADMINISTRATIVE DETAJiS R¢gl$tsre41 Ch#rlty number 272965 Prlnelpal iddrem Serle's House South8ate Street Winchester Hwnpshire S023 9EG Trust Col SAC Frere-cook MBE Lt Col CF WaTTeD OBE Brig TAL GI&q$ Brig DA Harrison MBE DL Col PA Davis CBE Lt Col SJ Nye MBE Maj MF Pear¢e C&pt JM Curtis Ms AE Stone Chlirnian Se¢retsry Li Col CA Bull¢id Pag¢ 2
ent Museu R¢ rt of the Truste¢s for tbe Yr Ended Jlst DeceMr 20 REFERENCE AND ADMINISTRATIVE DETAits Independe•t Examiner Wh¢¢l¢r & Co Ltd The Slwubbery 14 Church Street WThitchurch Hampshire RG28 7AB Approved ty order ofthe lwd 0ftr OD ....J&...Tvo£..Tr.).&g and si8oed on its behalf by: Col SAC Frere-ck. Trustee
Inde ndent Examitier's Re rt to the Trustees of Ro al Ham ent Museu IndependeDt examinerf$ report to the Intte& of Royal Hmpskire Repment Musetrm I report to the clwity tntee$ on my examiDalion olth¢ accounts of RO Hatnpthire Regiment MI (the Trnst) for the year ended 3 1st December 21r24. RPonSIbImtles aThd basls of reporl As th¢ chariry trnstees of the Tnjst you are responsible f(r the iry•ratiffl of the in acwrkn¢e with the rwuirem¢nts of the Charities Act 2011 Cthe Act). I rep iti resw of my examitmtiott of the Trusvs accounts CrIed out under Section 145 of the Act and in canying out my txamittation I have followed all applicable DireCtI¥1¥¢n by th¢ Clwity C(Knmission und¢r Section 145(5)(b) of the Act. lrtdependent exmIne9 itstemet I have eompleted my examination. I cfflfinn that no Mala1 maua5 have colne to my Iitention in connecti{ with the examilon givin8 rne cause to believe that in any matrrial rwti aecouniing rec((th were not kem in re$pKt of the Tn 15 rquired by Sertion 130 of the A¢L or th¢ accounts do not accord wtth those records: (r th¢ Count8 do not comply with the applicable rtquimcnts concerniD8 the form and ¢ontent of a¢count$ set Oui in the Chartties (Accouttts and Reports) Re8ulations 2(X)8 (rther than any requirement that the acwjnts give a true and fair view wllich 15 not a matter considered as part of aD indepathnt examination. I have no concems and have come across no other matters in CODnection with the examinion io which attention shoum Ix dr&wn in this report in der to enable a proper UDderstaDding of the ac¢owits io rea¢h¢d. Koviti Wheeler FCA Wheeler & Co Ltd Chartered Acwunt4nl8 The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB
Ro 'al Ha htr¢ tt Statement of Activities for the Year Ended 31st December 2024 31.12.24 31.12.23 Royal Hompshtre Regitnenl Hampshire M¢moria] Regiment Garden Museum Trust Totsl fimds Total funds INCOME AND ENDOWMENTS FROM tnlon3 and legaci¢$ 30,921 2J23 33244 29.782 Othertrading adivities Investment income 11,308 388 11,308 388 10.535 Tot•1 FXPENDITURE ON Raising funds 2.871 2.871 2,268 Charitsbl¢ •¢tlvhl Museum support I.448 1452 100,448 2.452 26.188 2,050 Totsl 105 771 Net 8ains on investments NET INCOMEI{EXPENDITURE) (48279) 2,323 {45.956} (37.774) RECONCILIATION OF FUNDS Total funds Effought forward 247,194 2.910 250.104 287.878 TOTAL FUNDS CARRIED FORWARD 198915 Pa8e 5
B*&ntt Shttt 1st Dttembtr 2(k24 31.12.24 31.12.23 Royal Royal Regiment Hampshire Memorial Regiment Garden T(rtal funds fund$ FIXED ASSETS Investments 163.396 163J96 148.521 CURRENT ASSETS Stocks tkbto Cash at bank and in hpJ 6,983 957 6.983 957 7,363 4,632 100810 10 37.847 14,128 51.975 112.805 CREDITORS Amounts falling thie within One year {2,328) (8,895} (11223) (11,222) NET CURRENT ASSETS 101583 TOTAL ASSETS LESS CURRLNT LIABILITIES 198.915 5233 204,148 250.104 NET ASSETS 198915 FUNDS Unre5tri¢ted funds 12 TOTAL FUNDS The f stalemen approved by the B0d of Tnjskes and authorised for issue were si8ned on its half by: SAC Frere•Cook. TnL8tee Page 6
al Ham birt Re ent Mwemm Notes to tht FiDneial Stalthents for the Yr EDded 31st December 2024 ACCOUNTING POLICIES Bayly ofprep#riDg the fw•tt¢l#l rtatemeDts The fiDancial swements of the ¢harity, whieh is a public benefit entity undw FRS 102. have been preped in aCcdance with the Chariti¢5 SORP (FRS 102) 'Aeeounting and Reporting by Charities.. Statanent of Recommended Practice applicable to ¢hariti¢s prepAring their accounts ID accordan with the Financial Rwrting Standard applicable ID the UK and R¢publi¢ of brland (FRS 102) {effediv¢ l Jgnu8ry 2019),. Financial Reporting Standard 102 Th¢ FiDon¢itil StsndaTd applicabk in the UK 8nd Republic of Irel8n(r #nd the Charities A( 2011. The fJnon¢iAI ststements have been prepared under th¢ historical cost convention. with the exceptioii of itivesthlents which ue included at makn valu< as modified by th¢ revaluasion of certain asse IncoThe All income is recogllis in the Statement of Finan¢ial A¢tiviiies once the charity h&8 ¢ntitl¢mettt to the fijnds, it is Probable th•t the income will be received and th¢ amowit e4n be measured reliably. Expendi¢ur¢ Liabilities are Tccognis¢d 0$ expenditure a5 soon as there i$ a legal or cot1Ve obli8ation comrnirting the tharity io that cxp¢ndiiure, it 1$ probable that a transfer of ¢¢onornic tnefits wiu be requtred in settlement and the arnounl of th¢ obligation can be me&wJred reliably. ExpthdifLtre is accounted for on an accrua15 bAsi5 and h& been classified un(kr headings that a88re8atr all cost lated to the catrgiiry. Where costs cannot b¢ dir¢diy attributed to particular headings they have been allocated w aaivities on a basis consistent with the of resource5. Stoc Si(Kks are valued at th¢ lower of coyt n¢¢ reali5able vall after makiD8 due allowance for obxole and slow-rnoving items. TAxatlo The charity is ex¢mpt from t&x cffl its charitabk xtivilies. •¢¢outttln8 Unr¢stri¢ted fvrtds can be used io accord¢¢ with the ¢harithble objectives at the discTet#)n of the tnLttees. Restrided fvnds can onty be used for Particul restricted puryoses within the obje¢¢s of the Charity. Restrictions ari5¢ when specified by the donor or when funds ar¢ rais¢d fry pfirticulBr restricted PU0$e5. Further explana11( of th¢ Dature and Purp of each fund li iti¢luded in the notes to the financial ateMents. Hlre pllreh*se And kaslng Rent815 paid under operating leases are chaT8ed ¢0 the Ststement of Financial Activities straight-line basi$ over the period of th¢ leas¢. DONATIONS AND LEGACILS 31.12.24 31.12.23 Iknnations Gift aid Subscriptii)ns Sundry in¢om¢ 12,449 7,088 13,364 343 9.896 6.570 13,264 52 33 Pag¢ 7 continued...
Roi'*l Ham ent 31.12a4 31.12.23 Shop in¢om¢ ReseaT¢h ftes 10,142 9,145 INVESTMENT INCOME 31.12.24 31.12.23 Deposit xcount interest 388 CHARITABLE AcnvfTIES COSTS Support costs {see note 6) Totals Museum 42.148 58.3(Xl 100,448 Garden 5UPF&ft SUPPORT COSTS Finance 50 TRUSTEES, REMUNERATION AI¥D BENEFf13 There were no trwttts. remunerati or other beDefits for the y¢tr end&1 3 1st De¢ember 2024 nor for the year d¢d 31$t Dec¢mber 2023. Trujtees, expenxs There were no trustees, expenses paid for the year tnded 31 December 2024 nLY for the ye4r ended 31st De¢¢mber 2023. Pag¢ 8 continued..
1 Ham bire R ell¢ Muyeu FIXED ASSET INVEMENTs Unli5t¢d inve5(ments MARKET VALUE At 1st January 2024 Additlons Disposais R¢v&luations 148,521 20,(KK) (20,000) At 3 1st D¢¢¢mb¢r 2024 NET BOOK VALUE Al 3 lst December 2024 Al 3 1st D¢cembeT 2023 148521 There were no inv¢stsnent asts outside the UK. Investments ar¢ managed by BNY Mellon Fund Mw¢rs Limited and held in the N¢wtyn Growth and incom¢ Fund for Chtiritiej. The historic cost of thege invesllnents is £140.(XYI: revaluati w dat¢ £23.396. STOCKS 31.12.24 31.12.23 Finished goods 10. DEBTORS: AMOUNIS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Ehpoyinents 957 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.12.24 31.1223 Other creditors 11 MOVEMENT IN FUNDS Net rnovement in funds At 31.1224 At 1.124 Unrestricled fuDdJ Royal Hampshire Regirncnt Museum Ro>'al Hampshire Regiment Memorial Garden Ttugt 247,194 (48,279) 198,915 TOTAL FUNDS )ntinue&..
R '1 Hm ettl Mujell 12. MOVEMEIYT IN FUNDS. ¢ontlnued Net movement in iTh¢luthd in the th)ve are follo Incoming Gains aDd Movement in funds UDrertricted fundy Royal Hampshire Regiment Museum Royal Hampshire Regiment Mem1a1 Garden Trust 41617 (105.771) 14.875 (48,279) 105 771 TOTAL FUNDS 105771 45 956) Comp4r•tlv¢J frtrr mov¢m¢Dt In tsDds Net movement in fiJnd8 At 31.12.23 At 1.1.23 UnT¢Strk¢¢d funds Roy8] Hwnpshire R¢gim¢ni mSeUm Royd Hampshire Re8imeM MemoriAI G8rden Tntsi 275201 (28.007) 247.194 287 878 TOTAL FUNDS 287 878 Comparniive Det movon¢nt in funds. in¢tud¢d in the ob)v¢ are 05 follow8: ]n¢omin8 Gain$ aDd Movement in funib expended UDrutrieted fundj Royal Hampshire Regiment Museum Royal Hampshire Regiment MemoTi41 Garden TThst 39202 (76,466) 9,257 (28.007) TOTAL FUNDS Pag¢ 10 continued...
blre 12. MOVEMENT IN FUNDS- eoJhtinp¢d A current year 12 rn(Thths and priLY year 12 rnthS combined I7¢70 1$ &$ follows: Net movement in funds At 31.12.24 At 1.123 Unrestrlrted fumdg Royal Hampshtre Regiment Mgell Royal Hampshire Re8im¢nt M¢mori41 Garden Trust 275201 (76286) 198.915 287 878 TUTAL FUNDS 287 878 204 148 A cutTent year 12 rnth$ ond prior year 12 months combined Jxt mov¢m¢nt in fid8 included in the above are as follows.. In¢oming Gain5 and losses Movemenl in funds exrrtnd1 Unrejtrlrted funds Royal Hampshire R¢gim¢nl Museum Royal Hampshire R¢gim¢nt Memorial Garden Th15t 81.819 (182237) 24,132 (76,286) TOTAL FUNDS 13. RELATED PARTY DISCLOSURES Theff w¢re no relaid party tra[Nl$M$ for the year ¢N1¢d 31st Decanber 2024.
al Ham ire Re entm 31.12.24 31.1223 INCOLktE AND ENDOWMENTS Donations and ie8a¢i Donations Gift aid Substriptions Sundry income 12,449 7.088 13.364 343 9,896 6.570 13.264 52 33,244 29,782 Other trading actlvhies Shop income Research fees 10,142 9.145 11,308 10.535 Investm¢Dt Income Deposit a¢count inter¢st 388 Total InCOlD% ruoU¢s 41,485 EXPENDITURE Other trndlng cthtltio# Purch&4cs 2,871 ChArltsble ietivltles Rent Bths and water Insuranc¢ Garden maintetmt Subscriptions Con$¢rvation and restoration Display ¢ost$ Re$¢or¢h and archive Volunte¢r5' expBnges Museum acquisilions Repairs and mainlenan¢e 2,500 2,008 3250 2,452 7.500 4,341 2,283 2.050 686 325 26,448 2.068 105 4.637 9,460 1.677 83 158 28238 Support costl MD8gemtnt Share of ¢08ts 58250 58.IK)O FiA*n¢• Bank tharges 50 10 Net e3penditsr¢ This page thes not fLYm of the slaiiiw fi[l¢la1 statements Page 12