Trustees’ Annual Report for the period
From 6[ th ] April 2021 To 5[ th ] April 2022
Charity name: The Stirling Aircraft Project
Charity registration number: 1077113
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the education of the general public in all aspects of the Short Stirling aircraft |
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 recreation of part of a Short Stirling aircraft for public display and educational purposes |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to guidance issued by the Charity Commission on public benefit |
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 continues to progress its aims of recreating the subject aircraft, and of increasing the educational awareness within the public domain. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity is in a healthy financial position at the end of the financial year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves held will be required in the future for the construction of the target |
Amount of reserves held |
Para 1.22 | £124,623 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | There is no material deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Para 1.25 | Deed of Trust |
| How is the charity constituted? |
Para 1.25 | Charitable Trust |
| 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 | Election by the trustees at AGM |
Reference and Administrative details
| Charity name | The Stirling Aircraft Project |
|---|---|
Other name the charity uses |
The Stirling Project |
Registered charity number |
1077113 |
Charity’s principal address |
17 Bishopdale Close Great Sankey Warrington WA5 3DF |
Names of the charity trustees who manage the charity
| Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any) 1Graham Laurence Hutchinson 2John David Lathwell 3 David Richardson 4 David Greaves Funds held as custodian trustees on behalf of others Description of the assets held in this capacity n/a Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects n/a Details of arrangements for safe custody and segregation of such assets from the charity’s own assets n/a |
Trustee name | Office (if any) | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|---|
| Graham Laurence Hutchinson |
|||||
| John David Lathwell |
|||||
| David Richardson | |||||
| David Greaves | |||||
| Description of the assets held in this capacity |
n/a | ||||
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
n/a | ||||
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
n/a |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
n/a
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Graham Laurence Hutchinson Full name(s) John David Lathwell Position (eg Secretary, Trustee Trustee Chair, etc) Date 11/5/2022
THE STIRLING AIRCRAFT PROJECT
Income and Expenditure Account for the period 6th April 2021 to 5th April 2022
| period 6th April 2021 to 5th April 2022 2021/22 2020/21 £:p £:p £:p £:p - 113,483.36- - 4,713.90- - 920.85- - 645.00- - - - - - - - 1,325.00- - 120.01- - - - - 3.52- - 115,729.21- - 5,482.43- - 10,141.09- - 3,414.58- - 547.66- - 40.00- - 546.78- - 458.00- - - - - 1,996.80- - 36.99- - 22.64- - 11,272.52- - 5,932.02- 104,456.69 (449.59) |
period 6th April 2021 to 5th April 2022 2021/22 2020/21 £:p £:p £:p £:p - 113,483.36- - 4,713.90- - 920.85- - 645.00- - - - - - - - 1,325.00- - 120.01- - - - - 3.52- - 115,729.21- - 5,482.43- - 10,141.09- - 3,414.58- - 547.66- - 40.00- - 546.78- - 458.00- - - - - 1,996.80- - 36.99- - 22.64- - 11,272.52- - 5,932.02- 104,456.69 (449.59) |
period 6th April 2021 to 5th April 2022 2021/22 2020/21 £:p £:p £:p £:p - 113,483.36- - 4,713.90- - 920.85- - 645.00- - - - - - - - 1,325.00- - 120.01- - - - - 3.52- - 115,729.21- - 5,482.43- - 10,141.09- - 3,414.58- - 547.66- - 40.00- - 546.78- - 458.00- - - - - 1,996.80- - 36.99- - 22.64- - 11,272.52- - 5,932.02- 104,456.69 (449.59) |
period 6th April 2021 to 5th April 2022 2021/22 2020/21 £:p £:p £:p £:p - 113,483.36- - 4,713.90- - 920.85- - 645.00- - - - - - - - 1,325.00- - 120.01- - - - - 3.52- - 115,729.21- - 5,482.43- - 10,141.09- - 3,414.58- - 547.66- - 40.00- - 546.78- - 458.00- - - - - 1,996.80- - 36.99- - 22.64- - 11,272.52- - 5,932.02- 104,456.69 (449.59) |
|
|---|---|---|---|---|
| INCOME Donations and other income HMRC Gift Aid Business Rate Contribution Miscellaneous Income Bank Interest from Deposit Account TOTAL INCOME EXPENDITURE Purchase of Stirling Parts & Materials Miscellaneous Workshop Expenditure Insurance Business Rates PayPal - net fees TOTAL EXPENDITURE SURPLUS / (DEFICIT) FOR THE YEAR FUNDS Cash - Deposit account (closed 6/11/2020) Cash - Current Account |
2021/22 £:p £:p - 113,483.36- - 920.85- - - - - 1,325.00- - - - - 115,729.21- - 10,141.09- - 547.66- - 546.78- - - - - 36.99- - 11,272.52- 104,456.69 |
2020/21 | ||
| £:p £:p - 4,713.90- - 645.00- - - - - 120.01- - 3.52- - 5,482.43- - 3,414.58- - 40.00- - 458.00- - 1,996.80- - 22.64- - 5,932.02- (449.59) |
||||
| (449.59) | ||||
| - - - - 120,417.27- |
- - 19,748.25- |
| Cash - PayPal Account TOTAL INCREASE/(DECREASE) IN FUNDS IN THE PERIOD |
- 4,235.74- - 124,653.01- 103,993.69 |
- 911.07- |
|---|---|---|
| - 20,659.32- |
||
| (449.59) |
NOTES:
Business Rates - discretionary 100% discount received from Huntingdonshire District Council
A D Pennington Treasurer
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner s Report R•port to tho trust•MI momb•rn of The Stlrflng Alrcraft Project On accounts for tho yoar •nd•d 5th April 2022 Charty no (If any) 1077113 Set out on pages: 2 Responslbllltlos and basis of rnport I report to Ihe trustees on my examinatbn of th8 accounts of th8 above charity (Ihe TNsf) for the year ended 05m4R022 As the charity trustees of the Trust. you ar8 msponsible for the pr8paratlon of tha ac£ounts in accordancg with the requirem9nts of the CharTrtl83 Act 2011 (• Acr). I r8POrt In respect of my 8xamination of the Trust's acc<yJnts carried urM18r $8ction 145 of the 2011 A¢t and in Caying out my examinatlon, I have follow&d th8 appllcablo Directions glvén by thè Charlty Commission under sedion 145(5)(b) of the ACL Independent examinorfs slatement I have mpted my examination. I conffinn that no material matters have come to my attention in connectk)n wlth thè examinatlon whith givés me cause to b8li8V8 that in. any material respect: aounting records were not kept in accordance wlth s8clion 130 of the Ad or the aOUnts do not COrd with the accounting rec¥)rds I have no concems and have come across no crther matter5 in connèction with the examinatK)n to which attenllon shoukl be drawn in order to ènablé a propér und8rstanding of the ac¢ounts to be reached. ' Please delete the wortys in the brackets rfthey do not apply. SIgn. Dat•: 1010512022 Nam•: Jolan Benzar MAAT Relevant professk)nal quallflcatlon($) or body (If any): Assoclalon of Accounlng Technicians 11ER October 2018
Address: 10 Tuffins Corner Liverpool L27 7BR
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2 IER
October 2018