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|||Page|
|---|---|---|
|Legal and administrative|information||
|Trustees<br>Annual<br>Report||2-8|
|Independent<br>Examiner's|Report||
|Statement<br>of Financial|Activities|10|
|Balance Sheet|||
|Notes to the financial<br>statements||12-15|





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||||eo e<br>'Dc<br>ee|'O<br>eo <br>sc <br>e<br>N|e<br> 'o<br> c|e<br>u<br>e<br>0<br>I|xr e<br>o 'oc<br>Ieo, u<br>lo e<br>'a o<br>o. I-|
|---|---|---|---|---|---|---|---|
||||2020|2020||2020|2019|
|||Notes|6||6|E||
|Incoming resources||||||||
|Donations<br>and legacies||2|91,875|||91,675|45,120|
|Charitable<br>activities||3|10,662|||10,662|10,945|
|Other trading<br>activity||4|16,234|||16,234|47,374|
|Other||12|||||10,444|
|Total incoming<br>resources|||118,772|||118,772|113,882|
|Resources expended||||||||
|Cost of raising funds|||6,605|||6,605|15,122|
|Costs of Charitable<br>activities|||36,040|||36,040|64,993|
|Total resources expended|||42,846|||42,846|80,115|
|Net income/(expense)|for the year||75,926|||75,926|33,767|
|Previous year adjustment||13|(11,930)|||(11,930)||
|Net movement<br>in funds|||63,996|||63,996|33,767|
|Reconciliation of Funds||||||||
|Total Funds B/Fwd|||94,692||1,275|95,967|62,200|
|Total Funds C/Fwd|||158,688||1,275|159,963|95,967|





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|||||||2020||2019||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes||F|6|6|
|Fixed assets||||||||||
|Tangible assets|||||||6,329||7,446|
|Investments|||||||399||399|
||||||||6,728||7,845|
|Current assets||||||||||
|Stock|||||8|5,085||4,212||
|Debtors|||||7|4,796||3,783||
|Cash at bank and|||in|hand||144,584||84,183||
|||||||154,465||92,178||
|Creditors:||amounts||falling due within one year|9|1,230||4,055||
|Net current||assets|||||153,235||88,123|
|Net assets|||||||159,963||95,967|
|Funds||||||||||
|Unrestricted||funds|||||158,688||94,692|
|Restricted|funds||||||1,275||1,275|
|Total funds|||||||159,963||95,967|






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|2|Donations|and Legacies|and Legacies|and Legacies||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||Donations|||||28,463|41,830|
||Legacy|||||60,000||
||Gift aid|||||3,412|3,289|
|||||||91,875|45,120|
|3|Charitable|Activities||||2020|2019|
|||||||Total<br>E|Totalf|
||Subscri ptions|||||10,649|9,034|
||Other|||||13|1,911|
|||||||10,662|10,945|
|4|Other trading||activity|||||
|||||||2020|2019|
|||||||Total|Total|
||||||||6|
||Fund raising|(event||tickets)||6,130|13,378|
||Fund raising|(Events)||||6,734|23,305|
||Prize draw||||||2,407|
||Sales|||||3,371|8,284|
|||||||16,234|47,374|
|5|Cost of Charitable|||Activities||2020|2019|
|||||||Total|Total|
|||||||F||
||Corporate fees|||||26|323|
||Membership|support||||2,615|2,959|
||Subscripiions|||||70|60|
||Insurance|||||9,745|4,743|
||Travel|||||296|2,907|
||Bank charges|||||687|1.133|
||Engineering||||sa|18,796|41,983|
||Rent & rates|||||1,976|9,101|
||Depreciation|||||1,117|564|
||Vulcan news|||||712|1,221|
|||||||36,040|64,993|
|5a|Engineering|||||2020|2019|
|||||||Total|Total|
||Aircraft|||||4,987|11,032|
||Support Equipment|||||6,851|9,309|
||Infrastructure|||||2,234|8,404|
||Consumables|||||3,232|4,562|
||Fuel|||||11|234|
||Tools &Misc|||||1,481|8,441|
|||||||18,796|41,983|





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|6|Tangible<br>Fixed Assets|Tangible<br>Fixed Assets|Vulcan|Plant &||
|---|---|---|---|---|---|
||||XL426|Equipment|Totalf|
||Cost|||||
||As at 1 January 2020||8,500|17,147|25,647|
||Additions|||||
||As at 31 December|2020|8,500|17,147|25,647|
||Depreciation|||||
||As at 1 January 2020||8,500|9,701|18,201|
||Charge for the year|||1.117|1,117|
||At 31 December 2020||8,500|10,818|19,318|
||Net book values|||||
||At 31 December 2020|||||
||At 31 December 2019|||||
|7|Debtors|||||
|||||2020|2019|
|||||Totalf|Total<br>f.|
||Tax Reclaim Due|||3,412|3,289|
||Prepayments|||1,384|494|
|8|Stock|||||
||Opening<br>Stock||||4,212|
||Purchases||||3,592|
||Less stock used||||2,719|
||Closing Stock||||5,085|
||Sales||||2,811|
||Profit/(loss)||||92|
|9|Creditors: amounts|falling due within one year||||
|||||2020|2019|
|||||Totalf|Totalf|
||Other creditors and|accruals||1,230|4,055|
|||||1,230|4,055|





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|10|Analysis|ofFunds|ofFunds|Balance|||Balance|
|---|---|---|---|---|---|---|---|
|||||Brought|Incoming|Resources|Carried|
|||||Forward|Resources|Expended|Forward|
|||||6||E|E|
||Unrestricted||Fund|||||
||General|Reserve||87,246|118,772|41,729|164,289|
||Tangible|Fixed Assets Fund||7,446||1,117|6,329|
|||||94,692|118,772|42,846|170,618|
||Restricted||Fund|1,275|||1,275|
||Total|||95,967|118,772|42,846|171,893|



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