## **HISTORIC AIRCRAFT FLIGHT TRUST**
## **RECEIPTS AND PAYMENTS**
## **ACCOUNTS FOR THE**
**YEAR ENDED 31st MARCH 2023**
**Charity Number 1024043**
1
## **HISTORIC AIRCRAFT FLIGHT TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' Annual report|1-5|
|IndependentExaminer'sreport|6|
|Receipts and Payments accounts (CC16a)|7-8|
1
## **Trustees’ Annual Report for the period**
**From 1[st] April 2022 Period start date To 31[st] March 2023 end date**
## **Period**
## **Charity name: Historic Aircraft Flight Trust**
## **Charity registration number:1024043**
## **Objectives and Activities**
|**Objectives and Activities**|||
|---|---|---|
||SORP reference||
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote the efficiency of aviation in the
Army and to educate the members thereof and
members of the public in the aviation history,
traditions and exploits of the Army in such ways
as the Trustees from time to time think fit and in
particular by the preservation and maintenance
in flying order of the Army's Historic Aircraft
Flight(HAF(T)).|
|Summary of the main activities
in relation to those purposes for
the public benefit, in particular,
the activities, projects or
services identified in the
accounts.|Para 1.17 and 1.19|The Trustees confirm that they have complied
with the duty in section 17 of the Charities Act
2011 and have referred to the guidance
contained in the Charity Commission's general
guidance on public benefit when reviewing the
aims and objectives and in planning future
activities.
The benefit that arises is the education to the
public of the Army's aviation history, traditions
and exploits and also the preservation of the
Army's historic aircraft.|
|Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit|Para 1.18||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38||
1
Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|The charity has been able to continue to provide
an environment for its veteran volunteers to
operate. This has enabled them to maintain the
aircraft within their care, both in terms of
airworthiness and serviceability.
The charity has conducted a range of flying
events with their aircraft and ground support
volunteers at a number of public events.
The hangover of the Covid 19 pandemic
continued to affect enthusiasm for large public
gatherings throughout this reporting period
which has had some impact upon the number of
public events and the charity’s opportunity to
obtain funding support through to the end of
this financial year.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against objectives
set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives set|Para 1.41||
|Investment performance against
objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s financial
position at the end of the
period|Para 1.21|The trust is able to meet its financial obligations.|
|Statement explaining the policy
for holding reserves stating why
theyare held|Para 1.22|The Trust aims to hold sufficient reserves to
cover an average year' s maintenance costs,
insurance and rent|
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
2
Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal sources
of funds (including any
fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any social
investment policy adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Declaration of Trust dated 1 June 1993 as
amended by Deed dated 5 May
2015|
|How is the charity constituted?
(e.g unincorporated association,
CIO)|Para 1.25|Corporate Trustee|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|Para 1.25||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of Para 1.51 trustees The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51
3
Other
## **Reference and Administrative details**
|Charityname|Historic Aircraft Flight Trust|
|---|---|
|Other name the charityuses||
|Registered charitynumber|1024043|
|Charity’s principal address|HQ AAC
Middle Wallop
Stockbridge, Hampshire
SO20 8DY|
|||
**Names of the charity trustees who manage the charity**
|1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**wholeyear**|**Name of person (or body) entitled to**
**appoint trustee(if any)**|
|---|---|---|---|---|
||_HistoricArmyAircraftFlight_
_TrusteeLimited_||||
||||||
||||||
Corporate trustees – names of the directors at the date the report was approved
**Director name Julian Hickman Timothy Rowntree Timothy Goble Edward Butterworth Gavin Rundle**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
4
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
**Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
## **Reason for non-disclosure of ke ersonnel details y p**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s) Position (eg Secretary,** Chairman **Chair, etc) Date** 16th January 2024
**Full name(s)** Julian Edward John Hickman
5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HISTORIC FLIGHT TRUST**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 st March 2023 which are set out on pages 1 and 2 of Form CC 16a (Receipts and payments accounts).
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carryi.ng out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(6) of the Act.
## **Independent examiner's statement**
I have completed my examination. 1 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- I. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or;
2. The accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
The Vicarage, Farm Lane, Crandall FARNHAM Surrey GUI0 5QE
**Historic Aircraft Flight Trust**
**1024043**
## **Receipts and payments accounts**
## **CC16a**
|**For the period**
**from**|**01-Apr-22**|**To**|**31-Mar-23**|
|---|---|---|---|
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**15,060**
**60,173**
**-**
**-**
**-**
**-**
**-**
**-**
**75,233**
**8,325**
**10,000**
**18,325**
**93,558**
**34,273**
**13,819**
**13,758**
**-**
**-**
**-**
**-**
**-**
**-**
**61,850**
**-**
**-**
**-**
**61,850**
**31,708**
**-**
**142,799**
**174,507**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**5,000**
**5,000**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**15,060**
**60,173**
**-**
**-**
**-**
**-**
**-**
**-**
**75,233**
**8,325**
**10,000**
**18,325**
**93,558**
**34,273**
**13,819**
**13,758**
**-**
**-**
**-**
**-**
**-**
**-**
**61,850**
**-**
**-**
**-**
**61,850**
**31,708**|**Total funds**
**to the nearest £**
**15,060**
**60,173**
**-**
**-**
**-**
**-**
**-**
**-**
**75,233**
**8,325**
**10,000**
**18,325**
**93,558**
**34,273**
**13,819**
**13,758**
**-**
**-**
**-**
**-**
**-**
**-**
**61,850**
**-**
**-**
**-**
**61,850**
**31,708**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Communityevents and displays|**15,060**|||||**37,334**|
|Fundraising|**60,173**||||||
||**-**|||||**4,354**|
||**-**|||||**6,376**|
||**-**|||||**2,954**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**75,233**|||||**51,018**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
|**Spares sales**|**8,325**|||||**25,225**|
|Assets|**10,000**|||||**-**|
|**_Sub total_**|**18,325**|||||**25,225**|
|**_Total receipts_**
**A3 Payments**|||||||
|||||||**76,243**|
||||||||
|Repairs and maintenance|**34,273**|||||**33,263**|
|Insurance|**13,819**|||||**8,647**|
|Admin, PR and marketing|**13,758**|||||**3,000**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**|**61,850**|||||**44,910**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_**|**-**|||||**-**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**44,910**|
||||||||
||**31,708**|**-**|**-**|**31,708**||**31,333**|
||**-**|**-**|**-**|**-**||**-**|
||**142,799**|**5,000**|**-**|**147,799**||**116,466**|
||**174,507**|**5,000**|**-**|**179,507**||**147,799**|
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**
CCXX R1 accounts (SS)|Bank
**Details**|**Unrestricted**
**funds**
**to nearest £**
**174,507**
**-**|**Restricted**
**funds**
**to nearest £**
**5,000**
**-**|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|---|
||Bank|**174,507**|**5,000**|**-**|
|||**-**|**-**|**-**|
7
**----- Start of picture text -----**
- - -
Total cash funds 174,507 5,000 -
(agree balances with receipts and payments
account(s)) OK OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B3 Investment assets - -
- -
- -
- -
- -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B4 Assets retained for the 1942 Auster Mk1 unrestricted 10,500 -
charity’s own use Marquee unrestricted 1,940 -
Children's headsets unrestricted 836 -
- -
- -
- -
- -
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on Date of
behalf of all the trustees Signature Print Name approval
Julian Hickman 16th January 2024
Historic Aircraft Flight Trustee
Limited (Director)
**----- End of picture text -----**
CCXX R2 accounts (SS)
8