WW1 British soldier's uniform

The video tutorial describes a soldier's uniform, including the regimental badge of the Royal Warwickshire Regiment, the woolen cloth tunic and trousers, and the color known as khaki. It explains the purpose of leg wraps and the features of the leather boots. The soldier also carries a pay book and a field dressing in his pockets. The badges on the uniform indicate his skills as a marksman, soldier, and machine gun instructor, along with good conduct stripes.

What do the badges on the soldier's uniform signify?

What is the significance of the conduct stripes on the soldier's uniform?