Registered number: 05639463
Charity number- 1115243
THE BENTLEY PRIORY BATTLE OF
BRITAIN TRUST
(A company limited by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE BENTLEY PRIORY BATTLE OF BRITAIN TRUST
(A ￿rnpanY Ilmlted by guarantee)
CONTENTS
Page
Reference and adminislrative details of the Company. its Trustses and advisers
Trustees. report
2-10
Independent examlnerfs report
11
Statement of flnanclal actlvltles
12
Balance sheet
13
Notes to the financial staternènts
14-29

THE BENTLEY PRIORY BATTLE OF BRITAIN TRUST
(A company Ilmlted by guarantee)
REFERENCE AND ADMINISTRATNE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Mr D J Ashton, Trustee (resigned 17 July 2024)
Air v1￿Marshal C Bairsto. Vice Chair
Ms K Barker. Trustee
Mr D Benton. Trustee (resigned 15 October 2024}
Ms N Brown. Tnjstee
Wing Commander E Ferguson OBE, Trustee
Alr Vic&Marshal I C Morrison CBE. Chair
Air Marshal C Spink. Trustee
Ms S Unadkat. Trustee
Air Commdore I Stewart (appointed 23 January 2024)
Mr G Headland lappoinled 23 January 2024)
Company registered
number
05639463
Charity registered
number
1115243
Registered o)Tice
The Bentley Priory Museum
Mansion House Drive
stanmore
Middlesex
HA7 3FB
Honorary sgcrotary
Wing Commander E Ferguson
Accountants
Magee Gammon Corporate Limited
Chartere(J Accountsnts
Henwood House
Henwood
Ashford
Kent
TN24 8DH
Page 1

BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(Company knmited by Guarantee)
REPORT OF THE TRUSTEES
FOR THE PERIOD ENDING 31 DECEMBER 2024
Charf Name
The Bentley Priory Battle of Britain Trust
Com
an
Number
5639463
Re
istered Cha
Number
1115243
istered Office
Bentley Priory Museum
Mansion House Drive
Stanmore. Middlesex. HA7 3FB
Secreta
Wing Commander Erica Ferguson
Directors and Trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law
and throughout this report are collectively referred to as the trustees.
The trustees serving during following the period were as follows:
Mr David Ashton {Appointed 28 Nov 17; resigned and reappointed 28 Sep 22: resigned 17 Jul 24)
Air Vice-marshal Clive Bairsto (Appointed 6 May 15; resigned and reappointed 20 Sep 21}
Miss Karen Barker (Appointed 28 Nov 17; resigned and reappointed 28 Sep 22)
Ms N Brown (Appointed 28 Jul 14: resigned and reappointed 22 Aug 17; ￿Signed and reappointed
12 Aug 201
Mr Dean Benton {Appointed 17 Sep 19; resigned IS Oct 2024)
Wing Commander Erica Ferguson (Appointed 05 Mar 15; resigned and reappointed 20 Sep 211
Mr Gary Headland {Appointed 23 Jan 241
Air Vice-marshal lan Morrison (Appointed 17 Sep 19: resigned and ￿appointed 17 ort 23}
Air Marshal Cliff Spink {Appointed l March 16; resigned and reappointed 17 Sep 20: resigned and
reappointed 28 Sep 22}
Air Cdre lan Stewart (Appointed 23Jan 24)
Ms Sangita Unadkat IAppointed 28 Jul 14; resigned and reappointed 22 Aug 17: reslgned and
reappointed 12 Aug 20; resigned and reappointed 17 Oct 231
The Annual Report serves the purposes of both a Trustees, report and a directors, report under
company law. The Trustees confirni that the Annual Report and financial statements of the
charitable company comply with the current statutory requirements, the requirements of the
charitable company's governing document and the provisions of the Statement of Recommended
Practice {SORP} applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 {effective l January 20191.

Since the company qualifies as small under Section 383. the strategic report required of medium and
large companies under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations
2013 is not required.
Structure, Governance and Management
Constltutlon
Bentley Priory Battle of Britain Trust is a company limited by guarantee governed by its
Memorandum and Articles of Association dated 29 November 2005. as amended by a written
resolution on 11 July 2006. It is registered with the Charities Commission, registered number
1115243 with effect from 12 July 2006. Anyone can become a member of the Company. if approved
by the board of trustees, and there are currently 10 members, each of whom agree to contribute
£10 in the event of the charity winding up.
Method of A
ointment or Election of Trustee5
As set out in the Articles of Association the Chair of Trustees must be a trustee who should be a
retired officer of the Royal Air Force in the rank of at least Air Vi￿-marshal. If no such person is, in
the opinion of the Directors, suitable or no such person is available then at the Directors, dlscretion
the chairman may be a Director who is a retired officer of the Royal Air Force.
Following the first Annual General Meeting where all directors must retire from office, one third of
the directors retire by rotation at subsequent Annual General Meetings. Trustees are eligible for re-
election. New Trustees are appointed at the recommendation of the Board of Trustees and all
members are circulated with invitations to nominate trustees prior to the AGM.
any5ational Structure and Dedslon Makln
The Board of Trustees administers the charity. The minimum number of Trustees is 2. and the Trust
is fortunate to have an exPerien￿d, strong board of 9 Trustees, who bring a wide range of skills to
the organisation. A Skills Matrix of Trustees is regularly updated.
On 28 July 2014, the Trustees endorsed the formation of an Executive Commlttee. to provide the
Museum Dlrertor with an interface between the operational management of the museum and the
strategic governance provided by trustees.
The Executive Committee currently consisting of 5 Trustees and the Museum's Director. While
strate8lC 8overnance is effected by the Trustee Board. the Museum Director has delegated authority
to manage the museum operation and the associated resources in order to meet the annual
objectives set by the Trustee Board. The Executive Committee of Trustees gives operational
oversight and support.
Routinely. the Executive Committee meet monthly. The Executive Committee can authorise
additional expenditure beyond that endorsed by Trustees in the annual budget, which itself is based
on the five-year business plan. subject to affordability, up to £5.000 per quarter for runnin8 Costs
and £10,000 per quarter for CAPEX.

Risk Man
ement
The Trustees regularly examine the risk register which records the major strategic. business and
operational risks that the charity faces. Trustees carefully monitor the income and expenditure of
the Museum at Executive Committee and Board level to ensure financial stabiltty and sustainability.
The Risk Re8lster is updated regularly and used to identtfy early waming of trends and to make
Strategic decisions at Trustee meetings.
Ob'ectives and Actfvltles
Bentley Priory Battle of Britain Trust was founded at the request of the Battle of Britain Fighter
Association, with a primary objective to create a Museum at Bentley Priory- Headquarters Fighter
Command during the Battle of Britain.
After 5 years of plannin& fundraisin& restoration and curation of accessible and engaging
exhibrf(ions, Bentley Priory Museum was officially opened in September 2013. by HRH the then
Prince of Wales. Patron of the Trusvs fundraising appeal.
The Museum aims to raise awareness of the important history of Bentley Priory, focusing on its
pivotal role during the Battle of Britain as Headquarters Fighter Command, through facilitating
engagement with the Museum's unique collection and architecture. The Museum's narrative focuses
on The One., Air Chief Marshal Sir Hugh Dowding, The Few, Battle of Britain aircrew, and The
Man￿, those on the ground whose y￿rk was vltal to victory.
The Trustees consider that they have complled with the duty in section 17{51 of the 2011 Ch3rities
Act to have due regard to Charity Commission guidance on public benefit.
Achievements and Perfomiance
Vlsitor Engagement and Audience Developrnent
Admlsslons and School Wisits
In 2024, the Museum welcomed a total of lo￿54 vlsitors-the 3 highest number of visltors since
the Museum opened in 2013.
Of these, 8,784 were general admissions (adults. concessions and children as part of family vlslts)
and 1,760 were students visiting as part of School groups to participate in facilitated workshops and
gallery tours. The number of students visiting took the totsl number of students visiting the Museum
since its doors opened in 2013 to over 10,000.

Projects
Our National Lottery Heritage Fund projert'clerk, Speclal Dut5￿ was completed in 2024 with the
creation of the 'Day in the Battle, interactive timeline and Bentley Priory WAAF database, displayed
in the pemianent Operations Room gallery. The projett included an oral history recording of WAAF
Clerk Special Dutles veteran Kate Orchard and the creation of new resource5 for Brownies.
The Museum also commemorated the bicentenary of the Royal National Lifeboat Institute IRNLII
with an RNU 200. Remembertng the Rescue of The Few project funded by the National Heritage
Lottery Fund. on display from July 2024 until March 2025. Project volunteers researched and co-
curated a temporary exhibition with the Museum's Collection Manager, families co-curated a
temporary Stained Glass window and participated in family artmties duringthe Easter and Summer
Holidays and new resources for Air & Sea Cadets were created.
th
The 80 Anniversary of ￿DaY in June was marked by Tonic Choirfs 'Operation Nep'tune, concert
and a temporary exhibition which highlighted the important role Bentley Priory played in the
planning of all air operations for D-Day as the HQ Allied Air Expeditionary Force and HQ Air Defence
of Great Britain. The exhibition included the chairs King George Vl and British Prime Minister
Winston Churchill sat on to watch the progress of D-Day on 6 June 1944 at RAF Bentley Priorfs
Bunker.
£86,420 ha5 been secured from the National Lottery Fund to commemorate the Royal Observer
Corps and 100 years since they were formed In 1925. The project launched in December 2024 wlth
the recruitment of 20 project volunteers. to undertake oral history film and audio interviews of
former ROC personnel and incorporate into a temporary exhibition. The ROC 100 project will be
completed in November 2025.

Family Engagement
The Museum continued to engage families through trails. backpacks, Saturday 'Scramble Club, and
activities during the school holidays.
During 2024, the following themed activities were offered to families durlng the School holidays:
February Half-Term: WAAF Trail & Decorate Filter Counter Biscuits
Easter: RNLI 200 Stained Glass Window
May Half-Term: Intelligence & Invasion Stripes.
Summer Holidays- Guinea Pig Trail & RNLI activities
October 'Which Witch, Trail
December: Meet Father Christmas
Bentley Priory is committed to makingthe Museum welcoming and accessible to young people.
Visitor feedback in October 2024 highlights the success of the Museum and its stsff and volunteer
team in achieving this:
Young children are not alway5 the most welcome ot museums.- they ore loud,. they like to run about
where they con.. they con'tstoy in one ploce too long,. Sometimes Ifeel people wish they weren't
there. But I didn'tfeel thatfor a second ot your museuml Every employee there spoke to my children
like they were importont. like they and their time mattered too- and my boys loved itl SO I wanted to
SOY thonk you so muchfor giving us o brilliant morning. but alsofor valuing children and the part
they ploy in keeping history olive. We will be back soonl
Visltor, October 2024
Temporary Exhibitions
The Museum's temporary exhibition gallery hosted 2 exhibitions in 2024. Paul Joyce's
Remembrance5 of War (November 2023- June 2024) showcased a selection of his painting, in a
style reminiscent of Paul Nash.
RNLI 200. Remembering The Rescue of The Few lJuFy 2024- March 20251 was co-curated by
project volunteers and Museum staff, and highlighted the significance of the RNLI during the
Battle of Britain in rescuing aircrew during the Battle of Britain before the development of the
RAF'5 Air Sea Rescue later in the war. The exhibition was supported by a 'Guinea Pig. trail for
children, inspired by an RNLI rescue story from Dunkirk, bringing back a French soldier and his
Guinea Pig.

Battle of Britaln Commemoration
The Battle of Britain commemorative period was marked by a visit of 53 Officer Cadets from The
Royal Air Force Officer Training Academy at RAF Cranwell who participated in a Plotting Workshop
and helped tidythe Italian Gardens and Bunker area. Our annual Battle of Britain commemorative
day In September welcomed nearly 2(Kl visitors and was supported by Airfix, Harrow Radio Society,
Harrow Apollo Male Choir and re*nattors, and volunteers doing popup talks.
VJ
Talks Programme
Our Friday Morning Talks Programme continues to be well received by visitors, with 14 talks in 2024.
Our second Dowding System Day in July welcomed Air Marshal Cliff Spink RAF {Rtd). sharon Ward
and Anthony Inglis as speakers.
Due to the success of volunteer 'Pop-Up Talks, on special commemorative days, 'Pop-Up Talks, have
been introduced on general admission days.

Collertlons Management
The Museum's collection has been developed through the loan of a marquette of the Battle
of Britain Monument by artist Paul Day, depicting aircrew scrambling and St Paul's
Cathedral. This striking marquette is now on display nextto the Battle of Britain Lace Panel,
also depicting The Few and St Paul's Cathedral.
501 Squadron have loaned 7 original portraits of Battle of Britain aircrew. Funding will be
th
sought to add conseNation glass to them to enable their display for the 85 Anniversary of
the Battle of Britain in 2025.
Financial Review
Wisitor Income
General admissions of 8,784 generated an income of £48,149, slightly below the outlined
budget of £50,000. Admissions cost5 (Single admissions and Annual Membership) will be
increased from January 2025, for the first time since the Museum opened in 2013, to
increase income generated through admissions.
1,760 students visiting the Museum generated £9,342- slightly above the £8,000 budget.
£60,000 of funding from John Lyon's Charity ha5 been secured to help develop the Schools,
programme over 3 years and ensure visits are financially accessible to Schools in the John
Lyon's Charity beneficiary areas, including Harrow, Brent and Ealing. In the first year of the
project (September 2024-August 2025) £20,000 will enable the Museum to develop
resources for Secondary Schools and subsidise visits for Primary and Secondary Schools in
the John Lyon's Charity benefiaal areas. In the second year of the project, new resources
will be developed for KSI students and in the third year. new resources will be developed
for SEND students.
The Museum's Café performed well generatlng £27,207 profrt (budget of £27,000). The shop
generated a profit of £5,999 (budget of £7,500) and venue hire secured £7,157 for the
Museum ts-u5t under the £8,000 budget)- with venue hire notably recovering in the latter
part of the year after a slow QI & Q2.

The Endowment Fund
The Endowment Fund delivered £116.(KK), reflecting its stable position in 2024.
Project Income (Restricted)
The £8,308 NLHF Clerk, Special Duties project was completed, with an underspend enabling
the creation of a Bentley Priory WAAF database.
The RNLI 200 project was successfvlly delivered through a £IO.000 grant from the National
Lottery Heritage Fund during 2024.
John Lyon's Charity funding of £60,000 will support the development and financial
accessibility of the Museum's School Programme over 3 years {September 2024- July 2027),
with a £20,000 grant per annum.
£86,420 has been secured from the National Lottery Heritage Fund to deliver a Royal
Observer Corps heritage project December 2024- November 2025.
Interest
Trustees reviewed the Trust's interest from its Shawbrook Account, with interest rising from
October 2024.
Gol Concern
The trustees have a reasonable expectation that the company has adequate resourced to
continue in operational existence for the foreseeable future. For this reason. they continue
to adopt the going concern basis in preparing the financial statements. Further details
regarding the adoption of the going concern basis can be found in the Accounting Policies.
Reserves
At the AGM on 28 September 2022 Trustees agreed and adopted a Reserves Policy whlch In
accordance wlth the requirements of the Charity Commission takes account of:
a major and expensive disruption to our operation;
a degradation in revenue that ultimately leads to the failure of the museum:
the routine replacement of the interpretstion equipment and display material.
The interim total level of reserves for 2017 was set at £IOO.Iy)O with the expectation of an increase
to £200,000 in future years provided that the Museum's core revenue streams reach their growth
target5.
During 2021, in response to the real threats to Small museum's from Covid the Trust further agreed
that there was a requirement to further develop the Reserves policy. It was agreed that there
should be:

A designated maintenance fund of £IOO,000 to meet the routine replacement and maintenance of
fixtures and fittings and interpretation and display material
A Deslgnated Closure Reserve of £IOO.(NXI whlch w￿uld enable the Trust to meet governance,
employment and lease obligations in the eventofclosure.
The Trust had totsl reserves at 31 De￿mber 2024 of £727.492.
Libor Funding is accounted for in a separate designated fund, the Libor Fund. The balance on this
fund at 31 December 2024 was £271508. Further restricted funds amounted to £77,759 at the
balance sheet date. Detsils of these can be found in Note 17 to the accounts.
A designated fund of £30 000 was initially set as seed funding for a future development of the
Operations Room, this has a balance at 31 December 2024 of £21,316. Additionally, a designated
fund of £322 has been set towards the fvnding for the restoration of the bunker door handle.
Thi5 report was approved by the Trustees on 01 July 2025 and signed on their behalf by:
Wing Commander E J Ferguson RAF, Secretary
io

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A Company Ilmlted by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Indepondent examiner's report to the Trustees of The Bentley Prlory Battle of Brltaln Trust {'the
Company.)
l Teport lo the charity Trustees on my examination of the accounts of the Company for the year ended 31
December 2024.
Rgsponsibilities and basls of report
As the Trustees of the Company (and ils directors for the purposes of company law) you are responsible for tho
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'l.
Having satisfied myself that the accounls of the Company are not required lo be audited under Part 16 of the
2006 Acl and are eligible for independent examination. I report in respect of my examinalion of the Company's
accounls carried out under seclion 145 of the Charities Act 2011 1.the 2011 Acl'}- In carrwng out my examination
I have followed the Directions given by the Charity Commission under section 145151{b} of the 2011 Act.
Independent examinees statement
Since the Companls gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confimi that l am qualified lo undertake the examination because l am a member
of The Instttute of Chartered Accountsnts in England and Wales. which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examinalion giving me cause to believe-.
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act;
or
th6 accounts do not accord with those records: or
the 8c¢ounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of
an independent examination: or
the accounls have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing their
accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no cOn￿rnS and have come across no other matters in connection with the examination to whlch
attention should be drawn in this report in order lo enable a proper understanding of the accounts to b8
reached.
This report is made solely to the Companls Trustees. as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Companls
Trustees those matters l am required to state to them in an Independent examinerfs report and for no other
p￿￿ose. To Ihe fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
the Company and the CoMpan￿S Trustees as a body. for my work or for this report.
Signed..
Dated:
(}.oq.>"
Roland Parry FCA
Institute of Chartered Accountants in England and Wales
Magee Gammon Corporate Limited
Chartered Accounlants
Page 11

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee
STATEMENT OF FINANCIAL ACTWITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
Other Income
100.518
7.652
233,256
7,173
4,165
108,170
233.256
7,173
4,165
127.374
230,084
3, 724
3, 680
Total in¢orne
100.518
252.246
352.764
364.862
Expgnditure on:
Charitable adivities
45,077
313,139
358,216
400,789
Total expenditure
45.077
313.139
358,216
400, 789
Net incomel{expenditure)
Transfers between funds
55,441
433
(60,893)
1433)
{5,4521
(35,927)
17
Net movement in funds
55.874
{61,326)
15.4521
(35,927)
Re¢onclllatlon of funds:
Total funds brought forward
Net movement in funds
293.393
55,874
439,551
(61,326)
732.944
15.452)
768,871
(35,927)
Total funds carrled fonvard
349.267
378.225
727.492
732,944
The Statement of financial activities includes all gains and losses recognised in the year.
The note5 on pages 14 to 29 form part of these financial statements.
Page 12

THE BENTLEY PRIORY 8ArrLE OF 8RrrAIN TRUST
IA company Ilmlt•d by guaranti•?
REG18TERED NUMBER: OJe99463
BALANCE SHEET
AS AT 31 DECEMBER 2024
2023
Nol•
Tangbb assets
12
151,147
144.864
1$1.147
fH.864
13
14
15.193
33W8
561.759
17,267
40.848
554365
Cagh atbank aThJ n hand
616.4ao
15
(33,6151
(28.4￿9
727N92
73194
17
349267
378.225
293.393
4W.551
17
Totsl funds
T17A92
732.944
The statements twe b8eTr wepated In a￿dan￿ with lh• ptovi¥l0fis aWKable lo thlili•s suwt
the smaN ¢L¥npa1l￿ re￿￿￿.
69mpk￿ slgned on thelr behalf by. I C
The nows on pag¢s 14 to 29 f(Mm pwi of U￿se $lalomonts. •
Pago 13

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
{A company limited by guaranteg)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
General Information
The Bentley Priory Battle of Britain TTUSI. a charitable ttU5t. incorporaled in England and Wales under
company number 05639463. registered with the Charity Commission under charÉty number 1115243. The
registered office of the charity is Bentley Priory Museum, Mansion House Drive. Stanmore. Middlesex.
HA7 3FB.
The company is limited by guarantee. The members of the company are the trustees named on page 1.
In the event of the company being wound up. the liability in respect of the guarantee is limited to £10 per
member of the company.
Accountlng policies
2.1 Basls of preparation of financial statements
The finanaal statements have been prepared in accordance vAth the Charities SORP IFRS 102) -
Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporttng Siandard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019). the Financial Reporting Standard
applicable in Ihe UK and Republic of Ireland (FRS 102} and the Companies Act 2006.
The Bentley Priory Batlle of Britain Trust meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
othe￿iSe stated in the relevant accounting policy.
2.2 In¢ome
All income is recognised On￿ the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
enlitiement to a legacy exists when the Company has sufficient evidence thal a gift has been left to
them (through knowledge of the existence of a valid w411 and the death of the benefactor) and the
executor is satisfied thal the property in question will not be required lo satisfy claims in the estate.
Receipt of a legacy musl be recognised when il is probable that il will be received and the fair value
of the amount re￿¢vable. bthich will generally be the expected cash amount lo be dislribu18d to th8
Company, can be reliably measured.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is defeffed and included in creditors as deferred income. Where entitlement occurs
before income is received. the income is accrued.
whe￿ the donated good is a fixed asset, it is measured at fair value, unless il is impractical to
measure this reliably, in which case the cosl of the item to the donor should be used. The gain is
recognised as income from donations and a corresponding amounl is included in Ihe appropriate
fixed asset class and depreciated over Ihe useful economic lrfe in accordance wilh the Companvs
accounting policies.
On receipt. donated professional services and facilities are recognised on the basis of the value of
the gift to the Company which is the amount tt would have been willing to pay to obtain services or
facilities of equivalent economic benefit on the open market. a corresponding amount is then
recognised in expendiiure in the period of receipt.
Page 14

THE BENTLEY PRIORY BA￿LE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting poli¢les (¢ontlnued)
2.2 Income (continued)
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
Income tax recoverable in relation to investment income Is recognised at the time the investment
income is receivable.
Other income is recognised in the period in which it is receivable and lo the extent the g￿dS have
been provided or on completion of the service.
2.3 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit lo a third paty. it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligalion can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direcl costs attributable to a single
activity are allocated directly to that activity. Shared costs which contributé lo more than one activity
and support costs which are not attributsble to a single adivity are apportioned between those
activities on a basis consistent with the use of resources. Central slaff costs are allocated on the
basis of lime spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on chaTitable actyvities is incurred on difecuy undertaking the activities which further the
Companrfs objectives. as well as any associated support costs.
All expenditure is indusive of ￿￿ecOVerable VAT.
2.4 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capstalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initialty recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impaimient losses. All costs incurred to bring a tangible fixed asset into ils intended working
condllion should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tsngible fixed assets less their residual value
over their estimated useful lives, on an appropriate basis.
Depreciation is provided on the fdlowing bases:
Plant and machinery
Fixtures and fittings
Office equipment
Between 3 years and 6 years straight line
Belween 3 years and 25 years straight line
33YD straight line
2.5 Stocks
Stocks are valued at the lower of c05t and net realisable value after making due allowance for
obsolete and slow-moving stocks. C05t includes all di￿¢1 costs and an appropriate proportion of
fixed and variable overheads.
Page 15

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles (contlnued)
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-ierm highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening ol the deposit or similar
accounl.
2.8 Llabilltles and provisions
Liabilities are recognised when there is an obligation al the Balance sheel dale as a result of a past
event. it is probable that a transfer of economic benefrt will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipales it ¥MII pay to settle the debt or
the amount it has received as advanced payments for the goods or services il must provide.
Provisions a￿ measured al Ihe best estimate of the amounts required to settle the obligation. Where
the effecl of the time value of money is material. Ihe provision is based on the present value of those
amounts. discounled at the pre-tax discount rate that reflects the risks specific to Ihe liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cosL
2.9 Financlal Instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial inslruments are initially recognised at transaction value and
subsequently measured at their settlement value with thé exception of bank loans which are
subsequently measured at amortised cost using the effective inlerest method.
2.10 Penstons
The Company operates a defined conlribution pension scheme and the pension charge represents
the amounts payable by the Company to the fund in respect of Ihe year.
2.11 Fund accounling
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of Ihe general objectives of the Company and which have not been designated for other
purposes.
Designated fvnds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each desigrbaled fund is sel out in the notes lo the financial
Statements.
Restricted funds are funds whtch are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such lunds are charged against the specific fund. The aim and use of each restricted
fund is set out in the noles io the financial stalements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 16

THE BENTLEY PRIORY BA￿LE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from grants, donations and legacies
Restricted Unrestrlcted
funds
funds
2024
2024
Total
funds
2024
Donations
Grants
7,652
7,652
100.518
100,518
100,518
7.652
108.170
Restricted Unrestricted
funds
fvnds
2023
2023
Total
funds
2023
Donations
49,648
49.648
7T. 726
Grants
77.726
77.726
49.648
127.374
Income from charitsble acllvltles
Unrestrf¢ted
funds
2024
Total
funds
2024
Museum entrance income
Endowment income
Shop and catering income
Room hire and evenl income
57.491
116.000
54,412
5.353
57,491
116,000
54,412
5,353
233,256
233,256
Page 17

THE BENTLEY PRIORY BArrLE OF BRITAIN TRUST
(A ¢ompany Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from charitable a¢tlvllles (contlnued)
Unrest17Cted
funds
2023
Total
funds
2023
Museum entrance income
55.418
776,000
51,794
6.872
55.418
116,000
51.794
6,872
Endowment income
Shop and catering income
Room hire and event income
230,084
230.084
Investment income
Unrestricted
funds
2024
Total
funds
2024
Interest received
7,173
7,173
Unrestricted
funds
2023
Total
funds
2023
Interest re￿iVed
3, 724
3, 724
Other incoming rosources
Unrestricted
funds
2024
Total
funds
2024
Royalties
Partial exemption VAT recoupment
4.159
4,159
4.165
4,165
Page 18

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Other incoming resour¢es (¢onllnued)
Unr8Stricted
fvnds
2023
Total
funds
2023
Outreach programme
Parhal exemplion VAT recoupment
68
3,612
68
3.612
3,680
3,680
Analysis of expendlture on charitable activities
Summary by fund type
Restricted Unreslrlcted
funds
funds
2024
2024
Total
2024
Museum ¢osls
45,077
313.139
358.216
Restricted Unreslricted
funds
funds
2023
2023
Total
2023
Museum cosls
60, 766
340,023
400. 789
Analysls of expenditure by activities
Support
costs
Total
funds
2024
2024
Museum costs
358,216
358,216
Page 19

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditure by activities (continued)
Support
costs
Total
funds
2023
2023
Museum costs
400, 789
400, 789
Analysis of support costs
Total
funds
2024
Activitles
2024
Staff costs
150,158
40,183
29,388
33.787
26,075
21,964
489
19.216
2,011
11.089
3.258
20.598
150,158
40,183
29,388
33,787
26,075
21,964
489
19.216
2,011
11,089
3,258
20.598
D8pr8ciation
Insurance
Mainlenance costs
Rales and utility bills
Administration and office expenses
Learning centre activities
Museum costs
Marketing costs
Accountancy fees
Independenl examination fees
Shop and catering expenses
358.216
358.216
Page 20

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company Ilmlled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expendlture by actlvltles Icontlnued)
Analysis of support c¢)sts (continued)
Total
funds
2023
Activities
2023
Slaff costs
Depreciation
Insurance
14t,971
63.836
26,670
40,569
15,536
27,927
547
14 1.971
63,836
26,670
40,569
15,536
27,927
547
Maintenance costs
Rates and utility bills
Administration and office expenses
Learning centre aclivities
Museum costs
50,000
1.634
9.270
3.306
19.523
50, 000
1,634
9,270
3,306
19,523
Marketing costs
Accountancy fees
Independent examination fees
Shop and catering expenses
400, T89
400, 789
Independent examinerfs remuneration
The independent examinerfs remuneration amounts to an independent examiner fee of £3.258 12023 -
£3,306).
Page 21

THE BENTLEY PRIORY BATTLE OF BRITAIN TRUST
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10. Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribulion pension schemes
140.249
6,097
3.812
133,381
4. 988
3,602
150.158
141.971
The average number of pers￿$ employed by the Company during the year was as follows..
2024
2023
No.
No employee received remuneration amounting to more than £60.000 in either year.
11. Trustees. remuneratlon and expenses
During Ihe year. no Trustees received any remuneration or other benefits (2023- £NIL).
During the year ended 31 December 2024. no Trustee expenses have been incurred (2023 - £NILJ.
Page 22

THE BENTLEY PRIORY BArrLE OF BRITAIN TRUST
(A ¢ompany Ilmlted by guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Tangible fixed assets
Plant and Flxlures and
machinery
flttings
Office
equipment
Total
Cost or valuatlon
At 1 January 2024
Additions
174.881
43,927
1.032,246
1.299
27,492
1,238
1.234,619
46,464
At 31 December 2024
218,808
1,033,545
28,730
1,281,083
Depreciation
At l January 2024
Charge for the year
170.599
10,258
892,333
29,265
26,823
658
1,089,755
40,181
At 31 December 2024
180,857
921,598
27.481
1,129,936
Net book value
At 31 December 2024
37.951
111.947
1,249
151,147
At 31 December 2023
4.282
739.913
669
144,864
13. Stocks
2024
2023
Finished goods
15.193
t7,267
14. Debtor5
2024
2023
Due within one year
Other debtors
Prepayments and accrued income
7,535
25,473
16,294
24.554
33.008
40,848
Page 23

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Credltors: Amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social secunty
Pension fund loan payable
Accruals and deferred income
2,666
3,298
1.101
26,550
3,499
3,219
1,020
20,662
33,615
28,400
16.
Financial instruments
2024
2023
Flnanclal assets
Financial assets measured at fair value through income and expenditure
561.759
558,364
Financial assels measured at fair value through income and expenditure comprise cash al bank and in
hand.
Page 24

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17. Statement of funds
statement of funds - current year
Balance at
31
Balance at 1
January
2024
Transfers
inlout
December
2024
Income ExpendHure
Unrestricted funds
Designated funds
Perpetual Maintenance Fund
Closur8 Reserve
100.000
100.000
23.000
322
100,000
100,000
21.316
322
Operations Room
Bunker Door Handle
(1,684)
223,322
11,684)
221,638
General funds
General Funds
216.229
252.246
1311.455)
(433)
156,587
Total UnTe5tricted funds
439,551
252.246
(313,139)
(4331
378,225
Restrlcted funds
The Ministry of Defence
ILIBORI
Clerk Special Duties IHLF)
IWM 14-18 NOW Legacy
Fund
RNLI 200.. Remembering of
'The Few,
The Eyes and Ears of the RAF
John Lyons Charity
277.738
15,655
16.230)
{24,402)
271,508
8,308
439
19,000
13,408)
15.592
10,000
43.210
20,000
(9,994)
(6)
43,210
18,957
(1,043)
293,393
100,518
(45,077)
433
349,267
Tolal of funds
732.944
352.764
(358.2161
727,492
Page 25

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17. Statement of funds (continued)
statement of funds - prior year
8818nce at
31
December
2023
Balance at
1 January
2023
Trdnsfers
in/0
Income Expenditure
Unrestricted funds
Designated funds
Perpetual Maintenance Fund
Closure Reserve
Operalions Room
Bunker Door Handle
100.0(2)
100,000
30.000
322
100.000
100,000
23,000
322
(7,000)
230,322
(7,000)
223,322
General fund5
General Funds
257,853
287.736
(340,023)
11.263
216,229
Total Unrestricted fund5
488. 7 75
287.136
(340,023)
4,263
439,551
Restrided funds
The Ministy of Defence
ILIBOR)
AIM Gallery Blinds
Clerk Special Duties IHLF)
277,738
2.958
277.738
2.954
74.772
(5.912)
(54,854)
(4,263J
15,655
280,696
77, 726
(60, 766)
(4.263)
293,393
Total of funds
768.871
364,862
{400, 789)
732,944
Page 26

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18. Description of funds
The Ministry of Defen￿ (LIBOR) (Restricted Fund)
LIBOR funding from the Ministry of Defence IMOD) on behalf of Her Majesws Treasury (HMTI to enable
the enhancemenl of the Museum's Leaming Centre, devebp the Schools Leaming Resource and to
subsidise school lessons.
The National Lottery Heritsge Fund (Restricted Fund)
The Bunker funding from the National Lottery Fund for Heritage is a granl lo deliver a project. focusing on
the changing role of the Bentley Priory Bunker and ihose who worked underground in it from World War 2
to the Cold War. The transfer in the year is to reimburse the exp8ndilure and staff costs incurred by the
general fund on behalf of this project.
Association of Independent Museums (AIM) {Restricted Fund)
The funding received from Association of Independent Museum5 is a grant for the fitting of blinds to one
of the museums galleries to prevenl sunlight damage to the collection. This was fully expensed by the
balan￿ sheet date.
Perpetual Maintenance Fund (Designated Fund)
In 2017 the trustees set up this designated fund to cover the Charitvs running costs in the event of
major disruption.
Closure Fund (Designated Fund)
In 2021 the trustees set up this designaled fund. of £100.000. which would enable the Trust to m8et
governan￿. employment and lease obligation in the event of closure.
Operations Room Fund (Designated Fund)
A designaled fund of £30.000 has been set towards the funding for future developments of the
Operations Room, by the trustees, in Ihe previous year. Expenditure since has seen the balance redu
to £21.316 at the balance sheet date.
Bunker Door Handle Fund (Designated Fund)
A designated fund of £322 has been sel lowards the funding for the restoration of the bunker door
handle.
Clerk Special Duties IHLF)
A grant received from The National Lottery Heritage Fund. focusing on the WAAF who served in the role
of 'Clerk, Special Duties. during World War 11. Project volunteers recnjited to co-curale a t9mporary
exhibition and new interactive timeline 'Day in the Battle.. with new resources created for families and for
Brownie5.
IWM 14-18 NOW Legacy Fund
A grant for a new project initiated in 2024 working with community partners and artisits on a new art
commissions and related public engagement activities.
Page 27

THE BENTLEY PRIORY BAThLE OF BRITAIN TRUST
{A Company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Des¢rlptlon of funds contlnued
RNLI 200: Remembering of The Fe
A Granl received in 2024 to create a temporary exhibition to highlight the significance of the Royal
National Lifeboat Instttution during the Batt]e of Britain in rescuing aircrew during the Bawe of Britain
before the development of the FiAF's I￿r Sea Rescue later in the war.
The Eyes and Ears of the RAF
A new projeci in December 2024 lo commemorate the Royal Observer Corps and its form8tion in 1925.
Half ol the fursding has been received by Ihe balance sheet date.
John Lyons Charity
John Lyon's Charity funding of £60.000 will support the development and financial accessibility of the
Museum's School Programme over 3 years (September 2024 July 2027), with a £20,000 granl per
annum.
19. Summary offunds
Summary of funds - current year
Balance at
31
December
2024
Balance at 1
January
2024
Transfers
inlout
Income Expenditure
Designated funds
General funds
Restricted funds
223.322
216,229
293.393
(1,684)
(311,455)
(45.077)
221,638
156,587
349,267
252246
100.518
14331
433
732.944
352,764
1358,216)
727.492
Summary of funds- prforyear
BalanGe at
31
De￿mber
2023
Balance at
1 January
2023
Transfers
inlout
Income Expenditure
Designated funds
General funds
Restricted funds
230,322
257.853
280,696
{7.OOOJ
11,263
(4.263)
223,322
216,229
293,393
287. 136
77, 726
(340.023)
(60, 766)
768,871
364.862
(400, 789)
732,944
Page 28

THE BENTLEY PRIORY BArrLE OF BRITAIN TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20. Analysis of net assets between funds
Analysis of net assets between funds - current period
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assels
Current assets
151.147
260,693
133,6151
151.147
609,960
(33,6151
349,267
Creditors due within one year
Total
349,267
378,225
727,492
Analysis of net assets between funds - prlor perlod
Restricted Unrestricted
fvnds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
144.864
321.177
(26,490)
144,864
616,480
(28,400)
295.303
(1,910)
Total
293.393
439.551
732,944
21.
Pension commitments
The trust operates a defined contribution pension scheme. The assets of the Scheme are held separately
from those of the tnjst in an independently administered fund. The pension cost charge represents
contributions payable by Ihe Irust to the fund and amounted to £3,812 12023 - £3,602). Contributions
totalling £1,101 (2023 - £1,020) We￿ payable lo the fund at the balance sheet date and are included in
creditors.
Page 29