Cu£￿1 Qoei THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 CHARITY NO. 275468 THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND Index Pago No. Trustees, Annual Rewrt Independent Examinerfs ReFQrt Statement of Financial Activities Balance Sheet Notes to thfr Accounts THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEM8ER 2025 The trustees present their report for the year ended 31st December 2025. The Suffolk Regiment Museum and Trust Fund is registered with the Charities Commission, No. 275468 and governed by the charity's ￿nStItUtIon under a trust deed dated 28.12.1977 and by applicable law. The Suffolk Regiment Museum and Trust Fund address is The Keep Gibraltar Barracks Bury Sl Edmunds Suffolk IP33 3RN The Trustees for the year were.. Brigadier A J K Calder OBE DL Lieutenant Colonel A D Slaler OBE Colonel C M Elsden DL Lieutenant Col D S Denson TD Colonel M Knight MBE DL Councillor R D Everitt Lieutenant Colonel M H Wenham Major G O Lulon Major P J Machni¢ki Captain D Granfield MrRCAdam Resigned - October 2025 IHonl Se¢relary Resigned - Marth 2025 {Hon} Tmsurer Died - July 2025 Chairman Appointed - 10th March 2025 Appointed - 10th March 2025 Oryanlsatlon Trustees are appointed by the i%)ard of trust￿$. The trustees meet in a quorum three limes per year to assess the overall running of the museum. The chairman. treasurer, curator and se￿tary meet regulady to discuss the daily running affairs ol the charity. Obj•cts, Organi8atlon and Actlvttl•s The objects ol the charity are lo educate the public and members of the Regiment In the history and military accomplishments of the Regiment and to promote milrtary effIC￿ncY and encourage re¢ruilmenl by public exhibition of the collection in a museum or museums or such other public places as the trustees may from ts'me lo lime decide, and to conserve, restore, repair, reconstruct and preserve objeels and archives in the Collectson. The Museum There has continued lo be a steady increase in visitor numbers wth positive feedback from many of the visitors. A dedicated band of volunteers help to ens4Jre the Museum continues to be open three days a week 8nd one Sunday a month. The Museum hosts an increasing number of specral interest groups, including regular visits from West Suffolk Colloge as part of several of their courses. A FEPOW exhibition spon501ed joindy with the Royal Norfolk Regiment Museum In Moyse's Hall has already attraclad over 7,000 visitors sincè il opened in September and will remain there until Aprll 2026. The Suffolk and Cambrtdgeshire Regiment records and photographs are now held in a roller racked archive store in West Suffolk House. A part lime Archivist maintains the archive, makes them availl8ble to the public and with a team of volunteers answer research quenes. Many of the visitors to the Museum are in search of infomiation about famity members who have served in the Suffolk and Cambridgeshire Regiments. The Museum object and archNe databases have been moved from MODES to MUSEON. These along wth the Museum files are now held on a Cloud based IT system. A new website wll be launched in Spring 2026 which wll include informalion on the Museum objects and archives. Flnancial Review and Investment Policy Interest from the invested funds 8nd grants are used to fvnd a full lime curaloi. a part-lime Archivist and maintain the Museum. The bulk of the funds are invested with COIF Charity Funds by CCLA Investment Management Ltd in order lo provide an endovmient available to ensure the long term luture of the Museum. There has been a decrease of 4.1 % in the value of the investments la increase of 2410 in 20241. The The Trustee5 have carried out a review of the investrnent strategy and deuded to move the investments to Cazenove following presentations from a number of Investment Management companies. This will take place in early 2026. The Trustees feel that this strategy is the best possible one under the prevailing conditsons. There are no restn'ctions on the charitys wwer to invest. The investment strategy is sel by the Iruslees al its meetings three times a year and takes account of recent demand for fvnds. The overall strategy is lo invest in medium risk inveslmenls. R889ryes Pollcy The charity maintains enough cash at bank in an instant access interest bearing account to cover foreseeable expenses. with a balance of £1.359,000 held In longer term inveslmenls. R18k Management The trustees have examined the major Strategic, business and operational risks wh￿h the charty faces and confirm that systems have been estsblished to enable regular reports to be produced so that the necessary steps can be taken lo lessen these nsks. Trustees. Responslbllltle$ Statement The Iruslees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounbng Standards (United Kingdom Accepted Accounting Praclicel. The law applicable lo chartties in England & Wales requires the trustees to prepare financial slalements for each financial year which give a true and fair view of the stale of the affairs ol the charrty and ol the incoming resources and appI￿￿on of resources of the ¢h8rity for that pgnod. In preparing these financi81 stslemenls, the Iruslees are required to. select suitable ac¢ounling polic￿ and then apply them consistently", observe the methods and pnnciples in the Charities SORP 2019 IFRS 102)- make judgements and estimates that are reasonable and prudent, slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements", prepare the financpl stslements on the going concem basis unless il is inappropriale lo presume that the charity will continua in operation. The Iruslees are responsible for keeyng accounbng records that dwlose v￿th reasonable accuracy al any lime the financial poSit￿n of the chanty and enable them to ensure that the financial statements comply with Charities Act 2011. the Charity (Accounts and Reports) Regulalions 2008 and trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preventr'on and detection of fraud and other irregularities. The Charity's bankets are Lloyds Bank at Bury St Edmunds. The Independent Examiner is H Tacconi, Chartered Accountant. Approved by the trustees and signed on their behalf by.. Lieutenant Colon (Hon) Sec & Trustee D Slaler OB Dale INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND I report lo the chaiity trustees on my eXaminat￿n of the accounts of the charity for the year ended 31st De￿rnber 2Q25 which are sel out on pages 5 to 8. Re8ponsibilities and basis of report As the charity's trustees you are ￿POnSible for the preparation of the accounts in accnrdance with the wuiremenls of th& Chanbes Act 2011 {'the Acr}. I report in respect of my eXaMinat￿n of the chaTty's accounts carried oul under section 145 of the Act and in carrying out my exarninalion I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the A¢t_ Independent examlnerf$ $talomont I have completed my examination. I wnfim) that no material matters have ￿me to my attention in conn8¢lion with the examinabon giving me Cause to believe that in any material rnspecl.. accountsng records were not kept in respect of the tharity as required by section 130 of the Act., or 2, the ac¢ounls do not ac¢ord wrth those records,. or 3. the accounts do not Gomply with the applicable requirements conceming the form and Gonlenl of the accounts sel oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gNe a 'tTue and fair view. which Is not a matter considered as part of an independent examinalKsn. I have no ¢on¢erns and have come across no other matters in ¢onnecb"on wf(h the examinatson to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Tacconi IFCAI 32a Ea51 Sireel Sl, Ives Cambs PE27 SPD Dated.. IL -P -LoL6 THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND STATEMENT OF FINANCIAL ACTIVITIE FOR THE YEAR ENDED 31ST DECEMBER 2025 Unrestricted Reslricted Endowment Funds Funds Funds Total 2025 Totsl 2024 Note INCOME Investment income Donations & Grants Bequest Shop sales 44.623 6,671 44.623 6,671 44.667 16,243 626 626 524 TOTAL INCOME 51,920 51,920 61,434 EXPENDITURE Charitable activities Other 9.033 82.334 9.033 82,334 26.168 61,983 TOTAL EXPENDITURE 91,367 91,367 88,151 N•t l•xp•ndltut•l for the yèar 139,4471 {39,447) {26,717) ILo$s) l Gain on Invostmènt Assèts 167.9991 {57.9991 26.873 Surplu8 lor the yoar 197,4461 {97.4461 166 Accumulated Fund brought forward 1,485.204 1,485,204 1,485.048 Accumulatèd Fund carrled forward 1,387,758 1,387,758 1,485,204 THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND BALANCE SHEET A AT 31ST DECEMBER 2025 Unrestricted Restricted Endowrnent Funds Funds Funds Total 2025 Total 2024 Note Fixed Assets Investments 1.359.291 1,359,291 1,417,291 1,359.291 1.359.291 1.417,291 Currgnt Assets Stock for resale Debtors Cash al bank & in hand 1.520 443 38,228 1,520 443 38.228 1,814 12,860 58,166 Total Current Assots 40,191 40,191 72.840 L￿• Current Llablllllos Creditors {11.724) 14,9271 Net Current Assets 28,467 28.467 67,913 Totsl A6sots 1387 758 1,387,758 1,485,204 R•prnsented by In¢ome Fund$ Unre8trlcted funds 1,387.758 1,387,758 1,485.204 Restr1¢t￿ fund8 TOTAL 1.387,758 1,387,758 1,485,204 These account5 were approved on behalf on the Managing Committee by lo Date (Chairman) LuL_¥ CL( THE SUFFOLK REGIMENT MUSEUM AND TRUST FUND NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2025 Note 1 ACCOUNTING POLICIES Basis of preparing the financial $tstem8nts The financial slalements of the charitable company. which is a publi¢ benefit entity under FRS 102, have been plepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by CharilEs'. Statement of Recommended Prath'ce applicable to charities preparing their accounts in accordance with th8 Financial Reportsng Standard applicable In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191., Financ￿1 Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of lieland. and the Charit￿S Act 2011. The financ￿1 ststemenls have been prepared under the histoncal cost convention. The financial statements have bgen prepared lo give a 'hJe and fair. view and have departe