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Issue - meetings

Future Meetings of the Queens Own Royal West Kent Regimental Museum Trust

Meeting: 27/01/2022 - Queen's Own Royal West Kent Regiment Museum Trust Committee (Item 26)

26 Future Meetings of the Queens Own Royal West Kent Regiment Museum Trust pdf icon PDF 132 KB

Minutes:

The Museum Director introduced the report and explained that moving from quarterly meetings to annual meetings would better reflect the level of Committee business. A further recommendation was made which would allow income from the Trust Endowment to be transferred to the museum budget to support with the costs of maintaining the collection.

 

The Senior Finance Manager confirmed that the rent paid to the Council to display the collection was £1,500 per year, and the interest on the Trust Endowment was £700 per year. It was queried whether the assets would reduce in real terms, and it was clarified that it would remain at £22,000.

 

In response to questions, the Museum Director explained that the net cost of the collection could not be accurately calculated as budgets for the QORWKR gallery and the rest of the museum were not separated out.

 

RESOLVED: That

 

1.  Meetings of the board be reduced to one meeting per year; and

 

2.  Any income from the Trust Endowment, over and above that already paid for the rent on the gallery, be transferred to the museum on an annual basis.