THE ARMY MUSEUMS OGILBY CIO
Financial health, per its FY2025 accounts
The accounts state that the charity's net assets decreased slightly to £2,477,302 due to investment market volatility, though the trustees note that markets have since recovered. The charity achieved an operating surplus of £36,693 for the year, allowing for increased grant budgets and staff capacity, while maintaining a reserves policy of six months' expenditure in cash.
What the accounts disclose
“The reserves policy is to have six months expenditure available in cash on an ongoing basis.”
“At 31 March 2025 TOM Commerce Limited, a wholly owned subsidiary of the charity, owed £14,317 which has been written off at the year end. Arrangements are being made to wind up TOM Commerce Limited in the following year to 31 March 2026.” — page 17
“At 31 March 2025 TOM Commerce Limited, a wholly owned subsidiary of the charity, owed £14,317 which has been written off at the year end.” — page 17
Structured financials (annual return, FY ending 31/03/2023)
Register events
- Received assets from another charity (21/11/2023)
- Received assets from another charity (01/06/2023)
Trustees
- Allison Spark
- Angela Gill
- Brigadier Allan Lawrence Mallinson
- Caroline Cary
- Colin William Edward Elwell TD
- Colonel Alasdair Bruce Gray
- Dr Francesca Benetti
- Edward Sayer
- Jolyon Jackson CBE
- Keith James Durward FCA
- Lt.Gen. Sir Philip Charles Cornwallis Trousdell KBE CB
- Major General Celia Jane Harvey OBE QVRM
- Paul de Zulueta
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £141k | £104k |
| 31/03/2024 | £124k | £738k |
| 31/03/2023 | £2.6m | £2.9m |
| 31/03/2022 | £613k | £953k |
Common questions
Is THE ARMY MUSEUMS OGILBY CIO financially healthy?
The accounts state that the charity's net assets decreased slightly to £2,477,302 due to investment market volatility, though the trustees note that markets have since recovered. The charity achieved an operating surplus of £36,693 for the year, allowing for increased grant budgets and staff capacity, while maintaining a reserves policy of six months' expenditure in cash. Its FY2025 accounts were audited by Brewers Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PILGRIM TRUST | 1 | £707k |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | 1 | £110k |
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £0 |