THE TANK MUSEUM LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE TANK MUSEUM LIMITED · parent
   1. The Tank Museum Trading Company Limited 100% · England and Wales · retailing souvenirs and books and operating the trading of the museum.

Significant events

• “In 2024 we introduced a Universal Credit & Pension Credit ticket, which gives a 75% discount on entry. This ticket type does not attract gift aid or an annual pass but is aimed at making the museum more financially accessible.”
• “While 2024 marked the first year since 2016 without a new exhibition, it featured numerous smaller exhibition upgrades as we dismantled the Afghanistan exhibition and commenced preparations to put the new Ukraine exhibition in.”
• “The Museum re-achieved accredited status in 2024 and has gone on to apply for accredited archive status. This is the first time the Archive has applied for accreditation and is testament to the significant work that has been done there over the last few years.”
• “In mid-2024 the Board of Trustees conducted a formal review of our Investment and Reserve policies and procedures and our mandate with Rathbones - including commissioning an external report.”
• “The Charity had capital commitments of £111,726 at the year end in relation to ongoing building projects (2023: £nil).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.8%

  £3,821,030 → £3,713,658

• Cash

  +18.7%

  £3,932,156 → £4,668,284

• Net assets

  +2.4%

  £28,770,494 → £29,451,361

• Employees

  -4%

  126 → 121

• Wages

  +13.6%

  £2,590,205 → £2,941,363

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers