The Spiral will cost more than �75m

"Transforming the ordinary into the exotic, Mr Periton uses paper intricately cut into complex designs, to make large-scale decorative silhouettes."

On 16 May, the V&A is holding a party for some of the UK's leading fashion designers, photographers and craftsmen to celebrate its 150th anniversary.

The museum first opened to the public in Marlborough House in 1852 and was originally called the Museum of Manufactures.

Five years later it re-opened on its present site and was called the South Kensington Museum.

In 1899, the museum became the Victoria and Albert Museum, when Queen Victoria laid the foundation stone of the present building.

Major changes

The V&A as it is today opened its doors on 26 June 1909.

The museum is undergoing one of the biggest redevelopments in its history.

A new Contemporary Space was opened last month, part of a �150m development programme.

The Contemporary Space aims to showcase design, craft, fashion, photography, architecture and the graphic arts from around the world.

One of the major developments at the south Kensington venue will be the opening of new Mediaeval and Renaissance galleries, which have been part-funded by a �1m anonymous donation.

Half of the �150m budget will be spent on the audacious Spiral building for the V&A's contemporary collections.

The V&A has seen a big increase in admissions since entry fees were dropped last November.

More than 1.8 million people visited in the last financial year.