Royal Marines Historical Society
Registered Charity 274285
Accounts for the year ended 31st December 2023
Report to the Council and to the Members
Introduction:
The accounts presented to you have been prepared on a Receipts and Payments basis following the
format recommended by the Charity Commissioners. Such accounts are statements that summarise
the movement of cash during the financial year while excluding non-cash items such as depreciation,
gifts in kind etc.
Subscriptions:
Although membership income appears static, individual membership continues to rise steadily, up to
413 in January 2024 from 393 the previous year. Actual membership income for 2023 is £12,061,
against £11,950 in 2022. The Honorary Membership Secretary continues do sterling work in corralling
new members.
Sale of Publications:
Although sales income appears considerably down on 2022 (£7,080 against £13,077), this is still an
excellent figure considering the Society only produced one Special Publication this year (42
Commando History)" this proved so popular that the Honorary Editor commissioned a reprint before
the first copies were on the shelves! The balance of publications sales has altered considerably with
far fewer books now being sold directly to individuals and a very substantial number through our
main outlets of the RM Shop (£5,000 worth) and One Tree Books (£800). Again special mention
should be made of Tony Sicklemore's terrific efforts with sales in the West Country, especially with
the RM Shop.
Regrettably we have failed to regenerate the annual supply of RM Short Histories to Recruits and
Young Officers at CTCRM and while there is still work continuing on this, the regular income of around
£3,000 is a sizeable loss.
Postage and Publications Production Costs:
Costs for both these are down against 2022, reflecting, rather than any saving, the production and
mail out of only one Special Publication.
Office Costs:
Our Office Co-ordinator left in June 2023 and has not been replaced, so there are savings of around
£2,000 on Office Costs.
Other Expenses:
In 2022 we made a sizeable contribution of some £2,700 towards the NMRN'S purchase of the Kochan
Collection which has not been repeated this year, so Other Expenses are down year-on-year (£3,513
against £5,744). We have however contributed £500 to the Commando Logistic Regiment Memorial.
Summary:
Total Assets stand at £48,533 (2022: £41,962) of which £24,084 (2022: £23,952) comprises of total
cash, so the Society's finances remain pretty steady.
This has been a satisfactory year for the Society with excellent income considering the production of
only one Special Publication, but once again we have only managed to break even (£547 profit) for
the year. So, despite increasing in membership and book sales, we are financially still only standing
still. Of course the Society does not have profit making as a main object, but it has to increase its
profitability if it wishes to increase its activities and profile. As warned at the 2022 Annual General
Meeting, the Society will put up its Membership Subscriptions in January 2025.

We remain indebted to Graham Figgins and his Team from the TC Group for continuing to act, free of
charge, as the Independent Examiner for our accounts.
Robert Bruce Honorary Treasurer
? i March 2024

Royal Marines Historical Society
Registered Charity 274285
Accounts for the year ended 31st December 2023
Independent Examiner's Report to the Trustees of Royal Marines Historical Society
We report on the attached accounts of the charity for the year ended 31st December 2023.
Responsibilities and basis of report:
As the charity's trustees you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 (the Act).
I report in respect of my examinatlon of the charity's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145 (5) (b) of the Act.
Independent examiner's statement:
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
l. Accounting records were not kept in respect of the charity as required by section 130 of the
Att; or
2. The accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to
be reached.
Graham Figgins F.C.A
TC Group
Portsmouth
IG Wby¥

Royal Marines Historical Society
Registered Charity 274285
(Unrestricted Funds)
RECEIPTS AND PAYMENTS ACCOUNT FOR YEAR ENDED 31 December 2023
2023
2022
Receipts
Annual Subscriptions
Donations
12,061
450
11,950
2,000
13,077
5,459
36
Sale of Publications
7,080
5,362
144
Receipts from Functions
Interest Received
Other Income
370
696
Sub Total
25,467
33,218
Asset & Investment Sales
Total Receipts
25,467
33,218
Payments
Postage
Office Costs
3,224
1,855
7,260
3,420
4,655
3,750
10,877
3,718
Publications~production costs
Sheet Anchor & Newsletter
Cost of Functions
5,648
3,513
4,889
5,744
Other Expenses
Sub Total
24,920
33,633
Asset & investment Purchases
Total Payments
24,920
33,633
Net of Receipts/(payments)
547
(415)
Cash funds last year end
23,537
23,952
Cash funds this year end
24,084
23,537

Royal Marines Historical Society
Registered Charity 274285
(Unrestricted Funds)
STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2023
2023
2022
Cash Funds
Bank balances at 31st December
Petty Cash
23,851
23,517
233
20
Total Cash Funds
24,084
23,537
Other monetary assets
Outstanding Invoices
33
Investment assets
Assets retained for charity's own use
Publications
21,175
16,020
1,500
872
Figurines/Plaques
Offlce Equipment
1,650
872
23,697
18,392
Total Assets
47,781
41,962
Liabilities
Outstanding involces payable
Total Liabilities
Colonel B L Carter OBE- Chairman
R.J. Bruce OBE- Honorary Treasurer
z ( Itl2e)24