HISTORIC AIRCRAFT FLIGHT TRUST
RECEIPTS AND PAYMENTS
ACCOUNTS FOR THE
YEAR ENDED 31st MARCH 2025
Charity Number 1024043
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HISTORIC AIRCRAFT FLIGHT TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' Annual report | 3 |
| IndependentExaminer'sreport | 8 |
| Receipts and Payments accounts (CC16a) | 10 |
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Trustees’ Annual Report for the period
From 1[st] April 2024 Period start date To 31[st] March 2025 end date
Period
Charity name: Historic Aircraft Flight Trust
Charity registration number:1024043
Objectives and Activities
| 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:
| You may choose to include further statements where relevant about:y choose to include further statements where relevant about:choose to include further statements where relevant about: | You may choose to include further statements where relevant about:y choose to include further statements where relevant about:choose to include further statements where relevant about: |
|---|---|
| SORP reference | |
| Policy on grant making | Para 1.38 |
| Policy on social investment | Para 1.38 |
| including program related | |
| investment | |
| Contribution made by | Para 1.38 |
| volunteers |
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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. |
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
| 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 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuingas agoingconcern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal sources Para 1.47 of funds (including any fundraising) 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 trustees |
Para 1.51 | |
|---|---|---|
| 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 | |
| Other |
Reference and Administrative details
| Charityname | Historic Aircraft Flight Trust |
|---|---|
| Other name the charityuses |
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| Registered charitynumber | 1024043 |
|---|---|
| Charity’s principal address | HQ AAC Middle Wallop Stockbridge, Hampshire SO20 8DY |
Names of the charity trustees who manage the charity
| 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
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)
| s and addresses of advisers (Optional information) | s and addresses of advisers (Optional information) | s and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
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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) Julian Edward John Hickman Position (eg Secretary, ~~yaa~~ Chairman ~~ie~~ Chair, etc) ~~es~~ Date 14th January 2026
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Independent examiner's report on the accounts
Section A
Independent Examiner’s Report
Report to the trustees
Charity Name Historic Aircraft Flight Trust
On accounts for the year 31 March 2025 Charity no 1024043 ended (if any) Set out on page 10 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2025.
Responsibilities and basis of As the charity's trustees, you are responsible for the preparation of the accounts in report accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have come to examiner's statement my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
Signed: E Hellings Date: 15 January 2026
Name: E Hellings
Relevant professional Institute of Chartered Accountants in England and Wales qualification(s) or body (if any):
Address: The Vicarage, Farm Lane, Crondall, Hampshire, GU10 5QE
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Give here brief details of any items that the examiner None. wishes to disclose .
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Historic Aircraft Flight Trust
1024043 CC16a
| CC16a Receipts andpayments accounts |
|
|---|---|
| For the period from 01-Apr-24 To 31-Mar-25 ~~ee~~ ~~ee ee~~ |
|
| Section A Receipts and payments | |
| Unrestricted funds Restricted funds Endowment funds Total funds Last year |
|
| to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
|
| A1 Receipts | |
| Communityevents and displays 7 135 - 7 135 9 858 Donations 20 684 - 20 684 10 891 - - - Sub total(Gross income for AR) 27 819 - - 27 819 20 749 ~~===~~ |
|
| A2 Asset and investment sales, (see table). Spares sales 3 971 - - 3 971 - - - - Sub total 3 971 - - 3 971 - Total receipts 31 790 - - 31 790 20 749 ~~——_———~~ |
|
| A3 Payments | |
| Repairs and maintenance 42 791 - - 42 791 42 008 Insurance 20 011 - - 20 011 18 162 Admin, PR and marketing 1 987 - - 1 987 11 132 - - - - - Sub total 64 789 - - 64 789 71 302 A4 Asset and investment purchases, (see table) - - - - 66 - - - - Sub total - - - 66 Total payments 64 789 - - 64 789 71 368 ~~——=~~ ~~=~~ ~~——————~~ |
|
| Net of receipts/(payments) - 32 999 - - 32 999 - 50 619 A5 Transfers between funds - - - - A6 Cash funds last year end 128 888 - 128 888 179 507 Cash funds this year end 95 889 - - 95 889 128 888 ~~See==~~ |
- |
Section B Statement of assets and liabilities at the end of the period ~~ee~~
| Unrestricted | Restricted funds | Endowment | |||||
|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||||
| to nearest £ | to nearest £ | to nearest £ | |||||
| B1 Cash funds | 95 889 - - - - - 95 889 - - Bank Total cash funds ~~SS SS~~ |
||||||
| (agree balances with receipts and payments | (agree balances with receipts and payments | ||||||
| account(s)) | OK | OK | OK | ||||
| Unrestricted | Restricted funds | Endowment | |||||
| funds | funds | ||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||
| B2 Other monetary assets | Assault Glider Trust | - | 10 891 | - | |||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| B3 Investment assets | - | - | |||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| B4 Assets retained for the charity’s own use |
unrestricted 10 500 - unrestricted 1 940 - - 1942 Auster Mk1 Marquee ~~——~~ |
||||||
| Fund to which | Amount due | When due | |||||
| Details | liability relates | (optional) | (optional) | ||||
| B5 Liabilities | - | ||||||
| Signed by one or two trustees on behalf of all the trustees CCXX R1 accounts (SS) |
Signed by one or two trustees on behalf of Date of approval Signature Print Name Julian Hickman Historic Aircraft Flight Trustee Limited (Director) 14th January 2026 ~~———~~ |
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