*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.

3. 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.
4. 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.
5. 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 FID*n¢l*l St*teme#ts
7 to 11
Detsiled Staternenl of FiB*mei•l Adivit
12

fiment muse￿
rt of the Trusteu
for the Year Ended 31$¢ Dtt¢mber 2024
The trwtees present their reF￿ with th¢ fwncial 51*ments ofthe charity for the year 3 1st December 2024. The
trusttts have &lopted the provisi¢)Dg of AcciMmtj￿ and Re￿Ing by Clwities.. Sta¢emeni of Recommended Practice
applicable th charities preparing their accounts ill ac&)rdance with the Financial Reporting Standard aM)licable in the
UK and Republic of Ireland IFRS 102) (eff¢di￿ l J￿u￿ry 2019).
OWECTJVES AND AcrivrriES
Objectives and almi
The i)bi￿ts of the Museum are to..
l. Edu￿1¢ the public and rnemlJffl5 of the Regiment (the Princess of Wales's Royal Regiment (PWRR)) in the
history of the Royal Hampshire Regiffjent and its military accomplishments.
2. To uphold th¢ tradtiions and perpethate the of the ROY￿ Hampshire Re8imenL
The Museum will acbieve this by the preSeTVati￿ pthlic exhibiiion of the Re8itneDtsI Collection c¢)Trsisling of
thKuments. art¢fa￿ 8tKI other items c(¥Thect¢d WTth the Roy41 Hwnpsbire Regiment or the Princess of Wales'8 Royal
R¢8im¢nt.
The object of the Memorial Garden is the upkcep, main¢¢n¥n¢¢ and m8Dagtment and PTQVi5ion to the public of
the Garden of Rern¢mbraDce known ￿ The Royal Hampshir¢ R¢gim¢nt MemoriAI Garden for the following pUlp(￿e..
l. The scatterin¥ of ash¢$ 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
T￿￿te¢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 th￿n with lloi onty b&spoke c&ses bui a]so with extra cases. Thi$ bas
been a gr¢* su¢¢es$, and we are now able lo show off some of th¢ intereMin8 artefacts haven'l belore been able io
frt into the theme of other di¥*layy. In additioo a nwnber of the w￿15, which ID fact beell board￿ in picture
window& hve now had the old plywthl coveys r¢pl4¢¢ ond have been insulat&J (which they werenl befor¢) and more
securety boxed in. This is considerabty beffer for the ¢orts¢rvation of the items bein8 displayed on the othw side of the
window.
Two of the part time wistsnts who b¢eD wo￿lD¥ fff a CO￿1¢ of years bave now moved on and two replacements
were r¢cTUited and employed. The si8nifican¢e factor is that one 1$ 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 f￿an￿ u well as the CotllTode$ 8nd Welfare side of the Re8iment41 Tr￿L
The Mernoria] Garden continues to be maintained as a pl*e 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.
STRu￿uRE, GOVERNANCE AND MANAGEMENT
Governing doeuw¢nt
The Charity is controlled by its governing lkncum￿L 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 uninco￿01ated
charity. On 8th Decembtr 2020 The Royal Hampshire R¢gtment Memorial Garden Tn￿t bMne litik*J io this ¢harity
&$ one repcrting uniL
Page I

Ro
IH*m
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 fi￿the￿¢ 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$ m￿*t 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¢ Tn￿te¢S may exchange
infomiation and advic¢ with th¢
d. Power to en511re against l￿blIC 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 retsOn￿le 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 fi￿d5 and to invite and receive contr1t￿tionS 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 t7￿ther￿ce 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 Regim￿ttl 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 exhi￿ltion.
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 Y￿r Ended Jlst DeceM￿r 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-c￿k. Trustee

Inde
ndent Examitier's Re rt to the Trustees of
Ro
al Ham
ent Museu
IndependeDt examinerf$ report to the In￿tte& of Royal H*mpskire Repment Musetrm
I report to the clwity tn￿tee$ on my examiDalion olth¢ accounts of RO￿ Hatnpthire Regiment MI￿ (the Trnst)
for the year ended 3 1st December 21r24.
R￿PonSIbImtles 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 C￿rIed 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 ex*mIne￿9 itsteme*t
I have eompleted my examination. I cfflfinn that no Ma￿la1 maua5 have colne to my Iitention in connecti{￿ with the
exami￿lon 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 examin*ion 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¢
t￿t
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
t￿n￿lon3 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 B0￿d 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 FiD*neial Stalthents
for the Y￿r 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 prep￿ed in
aCc￿dance 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 cot￿1Ve obli8ation comrnirting the
tharity io that cxp¢ndiiure, it 1$ probable that a transfer of ¢¢onornic t*nefits 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 PU￿0$e5.
Further explana11(￿ of th¢ Dature and Purp￿ of each fund li iti¢luded in the notes to the financial ￿ateMents.
Hlre pllreh*se And kaslng
Rent815 paid under operating leases are chaT8ed ¢0 the Ststement of Financial Activities straight-line basi$
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 INVE￿MENTs
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 as*ts 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 H*m
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 Mem￿1a1
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 m￿SeUm
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 rn￿thS combined I￿7¢70￿ 1$ &$ follows:
Net
movement
in funds
At
31.12.24
At 1.123
Unrestrlrted fumdg
Royal Hampshtre Regiment M￿gell
Royal Hampshire Re8im¢nt M¢mori41
Garden Trust
275201
(76286)
198.915
287 878
TUTAL FUNDS
287 878
204 148
A cutTent year 12 rn￿th$ ond prior year 12 months combined Jxt mov¢m¢nt in fi￿d8 included in the above are
as follows..
In¢oming
Gain5 and
losses
Movemenl
in funds
exrrtnd￿1
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[N￿l$M$ 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 InCO￿lD% 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
M*D8gemtnt
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 FID*n¢l*l St*teme#ts
7 to 11
Detsiled Staternenl of FiB*mei•l Adivit
12

fiment muse￿
rt of the Trusteu
for the Year Ended 31$¢ Dtt¢mber 2024
The trwtees present their reF￿ with th¢ fwncial 51*ments ofthe charity for the year 3 1st December 2024. The
trusttts have &lopted the provisi¢)Dg of AcciMmtj￿ and Re￿Ing by Clwities.. Sta¢emeni of Recommended Practice
applicable th charities preparing their accounts ill ac&)rdance with the Financial Reporting Standard aM)licable in the
UK and Republic of Ireland IFRS 102) (eff¢di￿ l J￿u￿ry 2019).
OWECTJVES AND AcrivrriES
Objectives and almi
The i)bi￿ts of the Museum are to..
l. Edu￿1¢ the public and rnemlJffl5 of the Regiment (the Princess of Wales's Royal Regiment (PWRR)) in the
history of the Royal Hampshire Regiffjent and its military accomplishments.
2. To uphold th¢ tradtiions and perpethate the of the ROY￿ Hampshire Re8imenL
The Museum will acbieve this by the preSeTVati￿ pthlic exhibiiion of the Re8itneDtsI Collection c¢)Trsisling of
thKuments. art¢fa￿ 8tKI other items c(¥Thect¢d WTth the Roy41 Hwnpsbire Regiment or the Princess of Wales'8 Royal
R¢8im¢nt.
The object of the Memorial Garden is the upkcep, main¢¢n¥n¢¢ and m8Dagtment and PTQVi5ion to the public of
the Garden of Rern¢mbraDce known ￿ The Royal Hampshir¢ R¢gim¢nt MemoriAI Garden for the following pUlp(￿e..
l. The scatterin¥ of ash¢$ 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
T￿￿te¢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 th￿n with lloi onty b&spoke c&ses bui a]so with extra cases. Thi$ bas
been a gr¢* su¢¢es$, and we are now able lo show off some of th¢ intereMin8 artefacts haven'l belore been able io
frt into the theme of other di¥*layy. In additioo a nwnber of the w￿15, which ID fact beell board￿ in picture
window& hve now had the old plywthl coveys r¢pl4¢¢ ond have been insulat&J (which they werenl befor¢) and more
securety boxed in. This is considerabty beffer for the ¢orts¢rvation of the items bein8 displayed on the othw side of the
window.
Two of the part time wistsnts who b¢eD wo￿lD¥ fff a CO￿1¢ of years bave now moved on and two replacements
were r¢cTUited and employed. The si8nifican¢e factor is that one 1$ 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 f￿an￿ u well as the CotllTode$ 8nd Welfare side of the Re8iment41 Tr￿L
The Mernoria] Garden continues to be maintained as a pl*e 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.
STRu￿uRE, GOVERNANCE AND MANAGEMENT
Governing doeuw¢nt
The Charity is controlled by its governing lkncum￿L 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 uninco￿01ated
charity. On 8th Decembtr 2020 The Royal Hampshire R¢gtment Memorial Garden Tn￿t bMne litik*J io this ¢harity
&$ one repcrting uniL
Page I

Ro
IH*m
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 fi￿the￿¢ 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$ m￿*t 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¢ Tn￿te¢S may exchange
infomiation and advic¢ with th¢
d. Power to en511re against l￿blIC 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 retsOn￿le 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 fi￿d5 and to invite and receive contr1t￿tionS 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 t7￿ther￿ce 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 Regim￿ttl 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 exhi￿ltion.
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 Y￿r Ended Jlst DeceM￿r 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-c￿k. Trustee

Inde
ndent Examitier's Re rt to the Trustees of
Ro
al Ham
ent Museu
IndependeDt examinerf$ report to the In￿tte& of Royal H*mpskire Repment Musetrm
I report to the clwity tn￿tee$ on my examiDalion olth¢ accounts of RO￿ Hatnpthire Regiment MI￿ (the Trnst)
for the year ended 3 1st December 21r24.
R￿PonSIbImtles 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 C￿rIed 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 ex*mIne￿9 itsteme*t
I have eompleted my examination. I cfflfinn that no Ma￿la1 maua5 have colne to my Iitention in connecti{￿ with the
exami￿lon 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 examin*ion 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¢
t￿t
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
t￿n￿lon3 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 B0￿d 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 FiD*neial Stalthents
for the Y￿r 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 prep￿ed in
aCc￿dance 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 cot￿1Ve obli8ation comrnirting the
tharity io that cxp¢ndiiure, it 1$ probable that a transfer of ¢¢onornic t*nefits 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 PU￿0$e5.
Further explana11(￿ of th¢ Dature and Purp￿ of each fund li iti¢luded in the notes to the financial ￿ateMents.
Hlre pllreh*se And kaslng
Rent815 paid under operating leases are chaT8ed ¢0 the Ststement of Financial Activities straight-line basi$
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 INVE￿MENTs
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 as*ts 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 H*m
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 Mem￿1a1
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 m￿SeUm
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 rn￿thS combined I￿7¢70￿ 1$ &$ follows:
Net
movement
in funds
At
31.12.24
At 1.123
Unrestrlrted fumdg
Royal Hampshtre Regiment M￿gell
Royal Hampshire Re8im¢nt M¢mori41
Garden Trust
275201
(76286)
198.915
287 878
TUTAL FUNDS
287 878
204 148
A cutTent year 12 rn￿th$ ond prior year 12 months combined Jxt mov¢m¢nt in fi￿d8 included in the above are
as follows..
In¢oming
Gain5 and
losses
Movemenl
in funds
exrrtnd￿1
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[N￿l$M$ 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 InCO￿lD% 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
M*D8gemtnt
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