## **HISTORIC AIRCRAFT FLIGHT TRUST**
## **RECEIPTS AND PAYMENTS**
## **ACCOUNTS FOR THE**
**YEAR ENDED 31st MARCH 2025**
**Charity Number 1024043**
1
## **HISTORIC AIRCRAFT FLIGHT TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' Annual report|3|
|IndependentExaminer'sreport|8|
|Receipts and Payments accounts (CC16a)|10|
1
## **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||
3
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:
4
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||
5
|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)**|||
||||
6
**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
7
## **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:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- 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
8
**Give here brief details of any items that the examiner** None. **wishes to disclose** .
9
**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
~~———~~|||||||
10