THE NATIONAL ARMY MUSEUM
To interpret and communicate the objects in the Museum's care in ways which inspire, provide enjoyment and provoke questions from the NAM's users.By so doing show the impact of the British Army on the making of Britain from the Middle Ages to the present day and on the role of Britain in the world.
Objects
FOR THE PURPOSE OF COLLECTING, PRESERVING AND EXHIBITING OBJECTS AND RECORDS RELATING TO THE HISTORY AND TRADITIONS OF OUR ARMY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated deficit of £919,000 for the year ended 31 March 2025, driven by a £690,000 write-off of heritage assets. Per the trustees' report, unrestricted reserves fell to £74,000, which is below the stated policy target of £1,000,000, though the museum remains dependent on Grant-in-Aid funding from the Ministry of Defence.
What the accounts disclose
“During the year there was a donation of £10,000 by one of the directors of the Museum. This has been classified as a restricted donation to be used for the acquisition of a Cumberland Gold Medal.” — page 91
“The investment of £50,000 in subsidiary undertakings represents the charity’s interest in 100% of the issued share capital of National Army Museum Trading Limited” — page 85
“During the year there was a donation of £10,000 by one of the directors of the Museum. This has been classified as a restricted donation to be used for the acquisition of a Cumberland Gold Medal.” — page 91
“The investment of £50,000 in subsidiary undertakings represents the charity’s interest in 100% of the issued share capital of National Army Museum Trading Limited” — page 85
“The investment of £50,000 in subsidiary undertakings represents the charity’s interest in 100% of the issued share capital of National Army Museum Trading Limited” — page 85
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 170
- Government income: £7,628,000 — grants £7,628,000 (1); 80% of the £9,590,000 total gross income on the same return
- Employees paid over £60,000: 8 (£60,001–£70,000: 1; £70,001–£80,000: 5; £80,001–£90,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 38
- Government income: £7,181,000 — grants £7,181,000 (1); 88% of the £8,137,000 total gross income on the same return
- Employees paid over £60,000: 5 (£60,001–£70,000: 1; £70,001–£80,000: 3; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 27
- Government income: £7,186,000 — grants £7,186,000 (1); 91% of the £7,867,000 total gross income on the same return
- Employees paid over £60,000: 5 (£70,001–£80,000: 4; £140,001–£150,000: 1)
- Has a trading subsidiary
Leadership, per the charity’s website
- Justin Maciejewski — Director
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (25/05/2023)
- Received assets from another charity (03/04/2020)
Trustees
- SIR SIMON MAYALLchair
- Christopher Finney
- Dr James Naylor
- Dr PAUL SCHREIER
- LORD ANDREW ROBERTS OF BELGRAVIA
- Lt General Sir George Norton
- Neil Johnson
- Paul Davies
- Professor Ali Ansari
- Professor Helen Parr
- Sue Mckenzie
- Timothy Cooke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £9.6m | £10.5m |
| 31/03/2024 | £8.1m | £8.8m |
| 31/03/2023 | £7.9m | £7.0m |
| 31/03/2022 | £7.8m | £2.7m |
| 31/03/2021 | £7.2m | £7.7m |
Common questions
Is THE NATIONAL ARMY MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a consolidated deficit of £919,000 for the year ended 31 March 2025, driven by a £690,000 write-off of heritage assets. Per the trustees' report, unrestricted reserves fell to £74,000, which is below the stated policy target of £1,000,000, though the museum remains dependent on Grant-in-Aid funding from the Ministry of Defence. Its FY2025 accounts were audited by The Comptroller and Auditor General / National Audit Office.
Who funds THE NATIONAL ARMY MUSEUM?
Funders whose own accounts filings name THE NATIONAL ARMY MUSEUM as a grant recipient include THE CADOGAN CHARITY, NATIONAL ART COLLECTIONS FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CADOGAN CHARITY | FY2025 | £100k | military |
| NATIONAL ART COLLECTIONS FUND | FY2024 | £10k | London |
| DEVELOPMENTS IN LITERACY UK (UK) | FY2023 | Unverified read£10k | Army history and education |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 09/12/2015 | £50k | "Purchase of the "East View of the Cataract of Niagara" for public display" |
| City Bridge Foundation | 27/11/2014 | £2k | Grant to National Army Museum |
| The National Lottery Heritage Fund | 07/05/2014 | £89k | "Purchase of selected items from the Raglan Collection for public display and audience engagement projects" |
| City Bridge Foundation | 12/02/2014 | £150k | Grant to National Army Museum |
| The National Lottery Heritage Fund | 24/04/2012 | £11.8m | "Building for the Future" |
| The National Lottery Heritage Fund | 14/08/2007 | £50k | "Black and Asian History Online" |
| The National Lottery Heritage Fund | 28/04/2003 | £350k | "Acquisition of Benjamin West's Portrait of Robert Monckton" |
| The National Lottery Heritage Fund | 17/10/2002 | £43k | "Acquisition of "The Grand Review of the Army on Hounslow Heath" by Willem van de Velde the Elder" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF INDEPENDENT MUSEUMS | 3 | £14k |
| ROYAL ARTILLERY INSTITUTION LIMITED | 1 | £1.3m |
| ARMY AIR CORPS CHARITY | 1 | £44k |
| THE ROYAL CORPS OF ARMY MUSIC TRUST | 1 | £25k |
| NICK JENKINS FOUNDATION | 1 | £5k |
Charities like this
- THE NATIONAL ARMY MUSEUM DEVELOPMENT TRUST
- MUSEUM OF ARMY MUSIC
- YORK ARMY MUSEUM
- ARMY FLYING MUSEUM LIMITED
- THE FLEET AIR ARM MUSEUM
- ROYAL ARTILLERY MUSEUM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NATIONAL ARMY MUSEUM | £9.6m | — | — | unclear | — | no doubt |
| THE NATIONAL ARMY MUSEUM DEVELOPMENT TRUST | £25k | — | 0 | unclear | — | no doubt |
| MUSEUM OF ARMY MUSIC | £57k | — | 0 | above | — | no doubt |
| YORK ARMY MUSEUM | £166k | — | 0 | unclear | — | no doubt |
| ARMY FLYING MUSEUM LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| THE FLEET AIR ARM MUSEUM | £27k | — | 0 | unclear | — | no doubt |