Thank’s Neco, the only problem is that there are no modeling stores in my region and the toy’s are the only thing’s I found. I will use it as a substitute until I find a 1/35th or 1/32nd scale knight.
So, this is my progress so far:
I added some strips of wood to the pedestal to give it a sort of design, I then added plaster to get rid of the ridges and the texture of the wood. I even added some flaking part’s to show some battle damage:

I also added plaster to the base to even it out and to give the styrofoam sheet some texture and battle damage:

Here is the statue (I will be using it as a replacement for now), I gave it a dry brush of sky blue and several washes to give it a faded rusted bronze look (I hope I have succeeded). If it does not look real, please give me any advice on how to fix it:

And finally, this is the overall progress. I found a chain to go around the statue and I have also started looking for notes to print out.

Any advice and any comment is welcomed and appreciated!