2021-10-31-accounts - Bentley Priory Mansion House Operational Endowment Fund

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Trustees’ Annual Report for the period

From 1 Nov 2020 Period start date To 31 Oct 2021 Period end date Charity name: The Bentley Priory Mansion House Operational Endowment Fund

Charity registration number: 1138628

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The trustees must apply the income of the Charity in furthering the following objects: to provide financial support to the operation of a museum at Bentley Priory which advances the education of the public in the history of the mansion house site and in the history and development of aviation, science and engineering, the history of the Battle of Britain and the preservation of part of Bentley Priory as a memorial to those who served in the RAF and in particular (but not exclusively) during the Battle of Britain.
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 financial support from the Endowment Trust forms a fundamental part of the Museum Trust’s business plan. The Trustees of the Endowment Trust seek to fulfil the objective of “providing financial support to the operation of a museum at Bentley Priory” to the greatest level of support permitted.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trust’s public benefit it vested in ensuring that the museum can stay open to the public and accessible to a broad audience. It is very difficult to raise funds to meet the costs of the routine activity that is essential when running a facility open to the public. Without funding from the Endowment Trust the Museum would have to charge vast entrance fees, which would mean that the important stories of Bentley Priory and the Battle of Britain would only be open to the wealthy. Alternatively, the museum would be unable to operate as a sustainable ongoing concern and would have to close. This was particularly important during the Covid pandemic when the Museum had to close and generation of

income from visitors was very much reduced. Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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 endowment funds of £2.6M were given to the Trust in Sep 2012. Following a comprehensive competitive process and professional advice the funds have been split between 2 investment fund managers. These arrangements have remained in place during this reporting period. Despite volatility in the market in the latter part of the reporting period the Trust has made available £100,000 to support the Museum Trust in its work. On-going Impact of Covid-19 Pandemic In line with Government instructions and the rise of the Delta variant of Covid, the Museum closed its doors to visitors in December 2020. Museums were instructed to remain closed, until 17 May 2021. Bentley Priory Museum re-opened its doors to visitors on 19 May. Between January - March, Museum staff were placed on rotational/partial furlough, enabling the continuation of essential

checks and maintenance of the Museum, and online engagement of visitors and support of volunteers. Online Friday Morning Talks were well received during the Museum’s physical closure, engaging 649 people. The financial survival of the Museum was dependent on Covid Grants. These included £22 831 from Government Covid Grants administered through Harrow Council. This figure includes £5 475 of Lockdown and Tier 2 grants from Oct -Dec 2020 that were paid in 2021. The Government also gave a Restart Gant of £18 000 which was received in Jun 2021. There was a further £6000 Grant in Ma 2022 as compensation for the Omicrom restrictions. In April 2021 the Museum secured £57 800 grant from the Second Round of the Culture Recovery Fund for Heritage. The Cultural Recovery Fund grant covered staff and core operational costs from April – June 2021, which enabled the Museum to focus on the recovery and re-opening of the Museum. Through the grant, the Museum was able to create new recorded audio tours for visitors in response to lower numbers of volunteers supporting interpretation in the Museum than before Covid, and also equipment to enable live streaming of online talks. The Trust also secured £18,200 from a Business Interruption Insurance Claim from Covid closures. Museum Re-Opening & Recovery From 19 May 2022 when the Museum reopened, Covid safety ‘restrictions’ were reintroduced, including pre-booked tickets on designated timeslots, restricted number of admissions to enable social distancing and a reduced Café menu through table service, rather than counter. The Museum initially opened 2 public open days a week (Wednesdays and Saturdays), increasing to 3 days a week (Wednesdays, Fridays and Saturdays) from September 2021 – with 2 days reserved for School visits and Groups. (Pre-Covid, the Museum’s public open days were 4 days a week). Between May – December 2021, the Museum welcomed 4,182 visitors to the Museum, generating an income of £25,717. Whilst some School visits were cancelled due to the on-going impact of Covid-19, the Museum welcomed 363 School students, who engaged with the Museum’s important heritage through socially distanced

workshops, in the Museum’s well ventilated Learning Centre. Whilst admissions were lower than preCovid levels, the growth of visitor confidence was evident, with the return of individuals, families, small groups and Schools. The demographic notably not returning in this period were largeorganised groups/coach parties. The Museum was able to offer visitors the new recorded audio tour, narrated by the Chair, AM Cliff Spink, with historical information recorded by 13 volunteers, which received overwhelming positive feedback from visitors and volunteers. Museum Achievements and Performance Achievements and Audience Development The ‘Bentley Priory Bunker’ Project, funded by the National Lottery for Heritage was completed in 2021, with permanent interpretation at the Bunker Entrance, the creation of a new Bunker Trail for families, new Cold War Schools Workshop for Secondary Schools to plot a nuclear fallout, and ‘Bunker Backpacks’ for Early Years children and their families which were codesigned by students at Harrow College. The final elements of enhancing interpretation and access in the galleries, as part of the Libor project, were completed. This included the impressive recuration of the Filter Room in response to volunteer, visitor and stakeholder feedback, with new interpretation panels giving greater focus to the WAAF who served within the Dowding System, and a handson interactive to learn how to plot a raid on the Filter Room map. Community engagement continued through a successful Friday Morning Talks Programme at the Museum and online, and the Battle of Britain Commemorative Day in September. Family activities continued to be delivered through-out the School holidays, including ‘Operation Secret Garden’ during the summer holidays linking in with the new Cold War interpretation at the Bunker. During October half-term, families took part in Halloween activities and a Haunted House Tour and in December, the popular ‘Meet Father Christmas’ returned.

The £100 K the Endowment transferred to the Museum was vital in securing the ongoing survival of the Museum during a challenging year.

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	The investment objectives set by the Trustees and which form the basis of the instructions to the two fund managers are: • Preservation of the initial capital • Generation of sufficient income and capital growth to meet the planned transfer to the Museum Trust • Sufficient additional growth in the underlying capital to ensure the long-term viability of the Trust The first of these two objectives were fully met with the original capital transfer preserved and the majority of the planned transfer to the Museum Trust achieved. The underlying aim of growing the capital by CPI, has continued to be adopted as a measure by the Trustees, over the period of the report, however, there still remains a shortfall over the seven year life of the Trust and it remains the Trustees long-term objective to fully achieve this objective.
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the period of this report the Trust retained a sound financial position with a proven investment policy which has permitted it to fully support the Museum Trust whilst also meeting its capital retention requirements. It is intended to continue with these policies in order to permit its objectives to be met in the forthcoming period.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	In accordance with the Trust’s deed Trustees must not spend any of the original capital from the endowment, However, in line with the approved Total Return Policy dated 12 February 2014 they may use both income and capital growth to support the Museum. The Trust has continued to closely monitor the return on the initial investments and has ensured that appropriate measures are taken to protect the initial capital and to ensure that the Trust is able to fulfil its obligations in the future. The Trustees will continue to pursue this objective in order to protect the long-term viability of the endowment to meet its objectives.
Amount of reserves held	Para 1.22	0
Reasons for holding zero reserves	Para 1.22	The Trust maintains a capital with a value of £2.6M so reserves are not required.
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Trustees confirm that they have referred to guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning the award of grants to the Bentley Priory Battle of Britain Trust. The Trust was established under planning obligations laid down by the LB Harrow in a Planning Obligation document (S106) in Sep 2014 to ensure sustainability of the Bentley Priory Museum. The Museum is located within a Grade II* listed building known as Bentley Priory. The Museum

		Trust holds a 60-year lease on the historically significant part of the building. The S106 also contained provision for the developer of the overall Bentley Priory site to provide, on the signing of the lease, the sum of £2,600,000 to establish a “Heritage Facility Fund” to assist the trustees of the Bentley Priory Battle of Britain Trust (The Museum Trust) to fulfil its objectives to create and maintain the Museum. The S106 stipulates that this sum of money is to be “disbursed on the basis that the income only will be made available to the nominated operator [of the museum] and will be used solely towards the operating costs of the heritage facility”. The S106 further stipulates that the Heritage Facility Fund remains attached to the building itself and does move with the museum operator. The responsibility for managing this fund lies with this charity known as ‘The Bentley Priory Mansion House Operational Endowment Trust’. The funds were transferred to the Endowment Trust on 8 September 2012. The financial support from the Endowment Trust forms a fundamental part of the Museum Trust’s business plan. The Trustees of the Endowment Trust seek to fulfil the objective of “providing financial support to the operation of a museum at Bentley Priory” to the greatest level of support permitted. Trustees have worked to ensure best possible investments to support the work of the museum whilst ensuring capital is preserved and grows with inflation and to ensure that the provisions of the Charity Commission Order dated 12 February 2014 are observed. The financial support given to the Museum is essential to the day-to-day operations of the museum. The planned support of £100 000 per annum is approximately 50% of the museum’s regular annual income. The donation from the Trust is used to pay museum staff and for routine costs such as utility and maintenance contracts.
Investment policy and objectives including any social investment policy adopted	Para 1.46	The endowment funds of £2.6M were given to the Trust in Sep 2012. Following a comprehensive competitive process and professional advice the funds have been split between 2 investment fund managers. These arrangements have remained in place during this reporting period.

A description of the principal risks facing the charity	Para 1.46	Investment Objectives and Risk The Trustees must apply the income of the Fund in furthering the following objectives (“the Objectives”): to provide financial support to the operation of a museum at Bentley Priory which advances the education of the public in the history of the Mansion House site and in the history and development of aviation, science and engineering, the history of the Battle of Britain and the preservation of part of Bentley Priory as a memorial to those who served in the Royal Air Force and in particular (but not exclusively) during the Battle of Britain. The Trustees will not spend any of the Capital of the Fund in furthering these Objectives. The asset strategy should seek to maintain the principle capital of the Fund using appropriate investment vehicles. Additional investment objectives are to: Preserve capital; Invest prudently; Maximize investment return; Mitigate inflation The Trustees delegate the day-to-day management of its assets to professional investment advisers.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed
How is the charity constituted? (e.g unincorporated association, CIO)	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	There must be at least 2 trustees with no upper limit on numbers. Two trustees of the Charity at any time must be members or employees or nominees of Harrow Council. Other trustees must be appointed by a resolution of trustees passed at a special meeting.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	The Bentley Priory Mansion House Operational Endowment Fund
Other name the charity uses
Registered charity number	1138628
Charity’s principal address	Wendleberie, Moor Common Lane End Bucks HP14 3HS

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 (ifany)
Keith Ferry			LB Harrow
Leslie Powell
Richard Romain		Resigned 31 December 2020
Clive Bairsto
Norman Stevenson	Chair		LB Harrow

– Corporate trustees names of the directors at the date the report was approved

Director name

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)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

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) Position (eg Secretary, Chair, etc) Date
	Norman Stevenson
	Chair
	31 Aug 2022
	31 Aug 2022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of The Bentley Priory Mansion House Operational Endowment Trust

members of	The Bentley Priory Mansion House Oper	ational Endow	ment Trust
On accounts for the year ended Set out on pages Responsibilities and basis of report	31 October 2021	Charity no (if any)	1138628

	1 to 34
	I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 October 2021. As the charity's trustees, you are responsible for the preparation of the accounts in 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
examiner's statement come to my attention in connection with the examination (other than that disclosed below *) 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.

Please delete the words in the brackets if they do not apply.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:		31 August 2022

	Christopher Whiteley

	Member of the Institute of Chartered Accountants (SA)

	93 New Road, Marlow Bottom, Bucks, SL7 3NN

Section B Disclosure

Only complete if the examiner needs to highlight material 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 .

The Bentley Priory Mansion House Operational EndowmentFund	The Bentley Priory Mansion House Operational EndowmentFund	CharityNo	1138628	1138628
		CompanyNo
Annual accounts for the period
Period start date	01/11/2020	To	Period end date	31/10/2021

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prior year funds
		£	£	£	£	£
Income (Note 3)		F01	F02	F03	F04	F05
Income and endowments from:
Donations and legacies	S01	-	-	-	-	-
Charitable activities	S02	-	-	-	-	-
Other trading activities	S03	-	-	-	-	-
Investments	S04	406,178	-	-	406,178	31,197 -
Separate material item of income	S05	-	-	-	-	-
Other	S06	-	-	-	-	-
*Total*	S07	406,178	-	-	406,178	31,197 -
Expenditure (Notes 6)
Expenditure on:
Raising funds	S08	-	-	-	-	-
Charitable activities	S09	27,018	-	-	27,018	24,955
Separate material expense item	S10	75,000			75,000	75,000
Other	S11	650	-	-	650	635
*Total*	S12	102,668	-	-	102,668	100,590

Net income/(expenditure) before tax for the reporting period	S13	303,510	-	-	303,510	131,787 -
Taxpayable	S14	-	-	-	-	-
Net income/(expenditure) after tax before investment gains/(losses)	S15	303,510	-	-	303,510	131,787 -
Net gains/(losses) on investments	S16	-	-	-	-	-
Net income/(expenditure)	S17	303,510	-	-	303,510	131,787 -
Extraordinary items	S18	-	-	-	-
Transfers between funds	S19	-	-	-	-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use	S20	-	-	-	-	-
Other gains/(losses)	S21	-	-	-	-	-
*Net movement in funds*	S22	303,510	-	-	303,510	131,787 -

*Reconciliation of* *funds:*
Total funds brought forward	S23	2,646,747	-	-	2,646,747	2,778,534
*Total funds carried forward*	S24	2,950,257	-	-	2,950,257	2,646,747

Charity Name

Charity No 1138628 Company No

Section B Balance sheet

	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total this year	Total last year
		£	£	£	£	£
Fixed assets		F01	F02	F03	F04	F05
Intangible assets(Note 15)	B01	-	-	-	-	-
Tangible assets(Note 14)	B02	-	-	-	-	-
Heritage assets(Note 16)	B03	-	-	-	-	-
Investments(Note 17)	B04	2,949,939	-	-	2,949,939	2,643,287
*Total fixed assets*	B05	2,949,939	-	-	2,949,939	2,643,287
Current assets
Stocks(Note 18)	B06	-	-	-	-	-
Debtors(Note 19)	B07	-	-	-	-	-
Investments(Note 17.4)	B08	-	-	-	-	-
Cash at bank and in hand(Note 24)	B09	968	-	-	968	4,085
*Total current assets*	B10	968	-	-	968	4,085

Creditors: amounts falling due withinone year(Note 20)	B11	650	-	-	650	625

*Net current assets/(liabilities)*	B12	318	-	-	318	3,460

*Total assets less current liabilities*	B13	2,950,257	-	-	2,950,257	2,646,747

Creditors: amounts falling due after one year(Note 20)	B14	-	-	-	-	-
Provisions for liabilities	B15	-	-	-	-	-

*Total net assets or liabilities*	B16	2,950,257	-	-	2,950,257	2,646,747
Funds of the Charity
Endowment funds (Note 27)	B17	-			-	-
Restricted income funds (Note 27)	B18		-		-	-
Unrestricted funds	B19	2,950,257		-	2,950,257	2,646,747
Revaluation reserve	B20				-
Fair value reserve	B21
*Total funds*	B22	2,950,257	-	-	2,950,257	2,646,747


*The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small* *companies.*

*The members have not required the company to obtain an audit in accordance with section 476 of the* *Companies Act 2006.*

*The directors acknowledge their responsibilities for complying with the requirements of the Companies* *Act with respect to accounting records and the preparation of accounts.*

*These accounts have been prepared in accordance with the provisions applicable to small companies* *subject to the smallcompanies regime and inaccordance with FRS102 SORP.*

Signed by one or two trustees/directors on behalf of all the trustees/directors			Signature			Date of approval dd/mm/yyyy
						31/08/2022
			NormanStevenson

Signature of director authenticating accounts being sent to Companies House			Signature			Date dd/mm/yyyy

						Print name

	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total this year	Total last year
		£	£	£	£	£
Fixed assets		F01	F02	F03	F04	F05
Intangible assets(Note 15)	B01	-	-	-	-	-
Tangible assets(Note 14)	B02	-	-	-	-	-
Heritage assets(Note 16)	B03	-	-	-	-	-
Investments(Note 17)	B04	2,949,939	-	-	2,949,939	2,643,287
*Total fixed assets*	B05	2,949,939	-	-	2,949,939	2,643,287
Current assets
Stocks(Note 18)	B06	-	-	-	-	-
Debtors(Note 19)	B07	-	-	-	-	-
Investments(Note 17.4)	B08	-	-	-	-	-
Cash at bank and in hand(Note 24)	B09	968	-	-	968	4,085
*Total current assets*	B10	968	-	-	968	4,085

Creditors: amounts falling due withinone year(Note 20)	B11	650	-	-	650	625

*Net current assets/(liabilities)*	B12	318	-	-	318	3,460

*Total assets less current liabilities*	B13	2,950,257	-	-	2,950,257	2,646,747

Creditors: amounts falling due after one year(Note 20)	B14	-	-	-	-	-
Provisions for liabilities	B15	-	-	-	-	-

*Total net assets or liabilities*	B16	2,950,257	-	-	2,950,257	2,646,747
Funds of the Charity
Endowment funds (Note 27)	B17	-			-	-
Restricted income funds (Note 27)	B18		-		-	-
Unrestricted funds	B19	2,950,257		-	2,950,257	2,646,747
Revaluation reserve	B20				-
Fair value reserve	B21
*Total funds*	B22	2,950,257	-	-	2,950,257	2,646,747


*The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small* *companies.*

*The members have not required the company to obtain an audit in accordance with section 476 of the* *Companies Act 2006.*

*The directors acknowledge their responsibilities for complying with the requirements of the Companies* *Act with respect to accounting records and the preparation of accounts.*

*These accounts have been prepared in accordance with the provisions applicable to small companies* *subject to the smallcompanies regime and inaccordance with FRS102 SORP.*

Signed by one or two trustees/directors on behalf of all the trustees/directors			Signature			Date of approval dd/mm/yyyy
						31/08/2022
			NormanStevenson

Signature of director authenticating accounts being sent to Companies House			Signature			Date dd/mm/yyyy

						Print name

Section C Notes to the accounts


Note 1Basis ofpreparation

*This section should be completed by allcha*			*rities*.
1.1 Basis of accounting
These accounts transaction value	have been prepared under the unless otherwise stated in the		historical cost relevant note	convention with items recognised at cost or (s) to these accounts.
The accounts ha	ve beenprepared in accordan		ce with:
• and with*	✓	the Statement of R preparing their acco applicable in the UK	ecommended unts in accord and Republic	Practice: Accounting and Reporting by Charities ance with the Financial Reporting Standard of Ireland (FRS 102) issued on 16 July 2014
• and with*	✓	the Financial Repor Ireland (FRS 102)	ting Standard	applicable in the United Kingdom and Republic of
• andwiththe C	haritiesAct2011.

The charity cons FRS 102.*	titutes a public benefit entity a		s defined by	✓
* -Tick as appropri	ate
1.2 Going con	cern
*If there are mate* *charity's ability* *applicable", if a*	*rial uncertainties related to* *to continue as a going conc* *ppropriate:*		*events or con* *ern, please pr*	*ditions that cast significant doubt on the* *ovide the following details or state "Not*
An explanation a the conclusion th concern;	s to those factors that support at the charity is a going		*Not applicab*	le
Disclosure of any going concern as	uncertainties that make the sumption doubtful;		*Not applicab*	le
Where accounts concern basis, pl together with the prepared the acc charity is not reg	are not prepared on a going ease disclose this fact basis on which the trustees ounts and the reason why the arded as a going concern.		*Not applicab*	le
1.3 Change of	accounting policy
The accounts pr note { }.	esent a tru	e and fair view and	no changes ha	ve been made to the accounting policies adopted in
Yes*	✓	* -Tick as appropriate
No*

*Please disclose*	:
*(i) the nature of*	*the chan*	*ge in accounting p*	*olicy;*
*(ii) the reasons* *provides more r* *and*	*why appl* *eliable a*	*ying the new accou* *nd more relevant in*	*nting policy* *formation;*
*(iii) the amount* *in the current p* *the aggregate a* *periods before t*	*of the ad* *eriod, eac* *mount of* *hose pre*	*justment for each li* *h prior period pres* *the adjustment rel* *sented, 3.44 FRS10*	*ne affected* *ented and* *ating to* *2 SORP.*

1.4 Changes t	o accounting estimates
No changes to a	ccounting	estimates have occu	rred in the rep	orting period (3.46 FRS102 SORP).
Yes*	✓	* -Tick as appropriate
No*

*Please disclose*	:
*(i) the nature of*	*any chan*	*ges;*
*(ii) the effect of* *assets and liabi*	*the chan* *lities for*	*ge on income and e* *the current period;*	*xpense or* *and*
*(iii) where pract* *more future per*	*icable, th* *iods.*	*e effect of the chan*	*ge in one or*

1.5 Material prio	ryear er	rors
No materialprior	year erro	r have been identifie	d in the reporti	ng period(3.47 FRS102 SORP).
Yes*	✓	* -Tick as appropriate
No*

*Please disclose*	:
*(i) the nature of*	*the prior*	*period error;*
*(ii) for each prio* *amount of the c* *affected; and*	*r period* *orrection*	*presented in the ac* *for each account li*	*counts, the* *ne item*
*(iii) the amount* *earliest prior pe*	*of the co* *riod pres*	*rrection at the begi* *ented in the accou*	*nning of the* *nts.*

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)

Note 2 Accounting policies
*This standard list of accounting policies has been applied by the charity except for those deleted. Where a* *different or additional policy has been adopted then this is detailed in the box below.*
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE
Please provide a description of the nature of each change in accounting policy

*Reconciliation of funds per previous GAAP to funds determined under FRS 102*
	Start of period	End of period
	£	£
Fund balances as previously stated
*Adjustments:*




Fund balance as restated

*Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS* *102*
		End of
		£
Net income/(expenditure) as previously stated
*Adjustments:*




Previous period net income/(expenditure) as restated

Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 2 Accounting policies
2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:••• the charity becomes entitled to the resources;it is more likely than not that the trustees will receive the resources;the monetary value can be measured with sufficient reliability. Yes✓ No N/a
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Yes✓ No N/a
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). Yes✓ No N/a
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to the Yes No N/a
grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). ✓
Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Yes No N/a✓
Government grants The charity has received government grants in the reporting period Yes No✓ N/a
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that Yes No N/a
donations and gifts gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. ✓
Contractual income and performance related grants This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Yes No N/a✓
Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. Yes No N/a✓
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on Yes No N/a
receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. ✓
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the Yes No N/a
balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from ✓
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes No N/a
and included in the SoFA as incoming resources when receivable. ✓
Gifts in kind for use by the charity are included in the SoFA as income from donations Yes No N/a
when receivable. ✓
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
facilities the gift to the charity provided the value of the gift can be measured reliably. ✓
Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. ✓
Support costs The charity has incurred expenditure on support costs. Yes✓ No✓ N/a✓
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Yes✓ No✓ N/a✓
Income from interest, This is included in the accounts when receipt is probable and the amount receivable Yes No N/a
royalties and dividends can be measured reliably. ✓
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations Yes No N/a
subscriptions and Legacies. ✓
Membership subscriptions which gives a member the right to buy services or other Yes No N/a
benefits are recognised as income earned from the provision of goods and services as income from charitable activities. ✓ ✓ ✓
Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Yes No N/a✓
Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Yes✓ No N/a
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Yes✓ No N/a
Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and Yes No N/a
its compliance with regulation and good practice. ✓
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Yes✓ No N/a
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of
conditions service or output to be provided, such grants are only recognised in the SoFA once the Yes No N/a
recipient of the grant has provided the specified service or output. ✓ ✓ ✓
Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be Yes No N/a
recognised. ✓
Redundancy cost The charity made no redundancy payments during the reporting period. Yes No N/a✓
Deferred income No material item of deferred income has been included in the accounts. Yes No N/a✓
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Yes✓ No N/a
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Yes No N/a✓
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes✓ No N/a
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least
use by charity They are valued at cost. Yes No N/a✓
The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
Intangible fixed assets physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. Yes No N/a✓
They are valued at cost. Yes No N/a✓
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. Yes No N/a✓
Yes No N/a
They are valued at cost. ✓
Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Yes✓ No N/a
Investments held for resale or pending their sale and cash and cash equivalents with a Yes No N/a
maturity date of less than 1 year are treated as current asset investments ✓
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost Yes No N/a
progress or net realisable value. ✓
Goods or services provided as part of a charitable activity are measured at net Yes No N/a
realisable value based on the service potential provided by items of stock. ✓
Work in progress is valued at cost less any foreseeable loss that is likely to occur on Yes No N/a
the contract. ✓
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Yes No N/a✓
Current asset The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on Yes No N/a
investments deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. ✓
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. ✓
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
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Section C Notes to the accounts (cont)

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)

Note 3	Income
	Analysis of income	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Donations and legacies:	Donations and gifts	-	-	-	-	-
	GiftAid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships whichareinsubstance donations	-	-	-	-
	Donated goods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	-	-	-	-	-

Charitable activities:		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

Other trading activities:		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
Income from investments:	SGhambro & CloseBrothersAsset	406,178	-	-	406,178	-31,197
	Management	-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	406,178	-	-	406,178	-31,197

Separate material item of income		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-
Other:	Conversionofendowmentfundsintoincome	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held forcharity's ownuse	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

TOTAL INCOME		406,178	-	-	406,178	-31,197

Other information:
All income in the prior year was unrestricted except for: (please provide description and amounts)

Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.

Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.

Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Section C Notes to the accounts (cont)


Note 4 Analysis of receipts ofgovernmentgrants

	Description		This year
			£
Government grant 1			-
Government grant 2			-
Government grant 3			-
Other			-
		Total	-

	Description		Last year
			£
Government grant 1			-
Government grant 2			-
Government grant 3			-
Other			-
		Total	-

	This year	Last year
*Please provide details of any* *unfulfilled conditions and other* *contingencies attaching to grants* *that have been recognised in income.*

	This year	Last year
*Please give details of other forms of* *government assistance from which* *the charity has directly benefited.*

Section C Notes to the accounts (cont)



Note 5 Donatedgoods, facilities and services
		This year	Last year
		£	£
Seconded staff		-	-
Use ofproperty		-	-
Other		-	-
		-	-

	This year	Last year
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.

Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.

Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	(cont)

Note 6 Expenditure
	This y		ear			Last	year
Analysis	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Unrestricted funds	Restricted income funds	Endowment funds	Total funds
Expenditure on raising funds:				£				£
Incurred seeking donations	-	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-	-	-	-	-
Operating membership schemes and social lotteries	-	-	-	-	-	-	-	-
Staging fundraising events	-	-	-	-	-	-	-	-
Fudraising agents	-	-	-	-	-	-	-	-
Operating charity shops	-	-	-	-	-	-	-	-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-	-	-	-	-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-	-
Other trading activities	-	-	-	-	-	-	-	-
Investment management costs:	-	-	-	-	-	-	-	-
Portfolio management costs	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-	-	-

Expenditure on charitable activities:
	-	-	-	-	-	-	-	-
Grants - Bentley Priory Battle of Britain Trust	75,000	-	-	75,000	75,000	-	-	75,000
Bank charges	92	-	-	92	60	-	-	60
Investment management fee	24,526	-	-	24,526	24,895	-	-	24,895
Total expenditure on charitable activities	99,618	-	-	99,618	99,955	-	-	99,955

Separate material item of expense
Governance costs	650	-	-	650	635	-	-	635
Legal fees	2,400	-	-	2,400	-	-	-	-
	-	-	-	-	-	-	-	-
Total	3,050	-	-	3,050	635	-	-	635

Other
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total other expenditure	-	-	-	-	-	-	-	-
TOTAL EXPENDITURE	102,668	-	-	102,668	100,590	-	-	100,590


Other information:

Analysis of expenditure on charitable acti	vities
	This y		ear			Las	t year
Activity or programme	Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertake ndirectly	Grant funding of activities	Support Costs	Total last year
	£	£	£	£	£	£	£	£
Activity1	-	-	-	-	-	-	-	-
Activity2	-	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-


This year: Where sums originally denominate have been included in expenditure, explain the sums have been translated into sterling (or th accounts are drawn up).	d in foreign currency basis on which those e currency in which the

Last year: Where sums originally denominate have been included in expenditure, explain the sums have been translated into sterling (or th accounts are drawn up).	d in foreign currency basis on which those e currency in which the

Section C Notes to the accounts (cont)



Note 7 Extraordinary items

*Please explain the nature of each extraordinary item occurring in the period.*
	Description	This year	Last year
		£	£
Extraordinary item 1		-	-

Extraordinary item 2		-	-
		-	-
Extraordinary item 3		-	-

Extraordinary item 4		-	-
Total extraordinary items		-	-

Section C Notes to the accounts

Note 8 Funds received as agent

8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts

Note 8 Funds received as agent

*8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a* *charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.*

			Amount received		Amount paid out		Balance held at period end
Description/name of party		Related party (Yes or No)	This year	Last year	This year	Last year	This year	Last year
			£	£	£	£	£	£
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
	Total		-	-	-	-	-	-

*8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the* *purchase of goods or services, please disclose details of any balances outstanding between any participating members.*

Description/name of party							Balance held at period end
							This year	Last year
							£	£
							-	-
							-	-
							-	-
							-	-
							-	-
					Total		-	-


Description/name of party		Balance held at period end
		This year	Last year
		£	£
		-	-
		-	-
		-	-
		-	-
		-	-
	Total	-	-

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts

Note 9 Support Costs
*Please complete this note if the charity has analysed its expenses using activity* *categories and has support costs.*
This year
Support cost (examples)	Raising funds	Activity 1	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Governance	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Last year
Support cost (examples)	Raising funds	Activity 1	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Governance	-		-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

*Please provide details of the accounting policy* *adopted for the apportionment of costs between* *activities and any estimation techniques used to* *calculate their apportionment.*

Section C Notes to the accounts

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts
*Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If nothing* *was paid please enter '0' in the appropriate box(es).*
	This year	Last year
	£	£
Independent examiner’s fees	650	635
Assurance services other than independent examination	-	-
Tax advisory fees	-	-
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner	-	-

Section C Notes to the accounts (co

----- Start of picture text -----
Note 11 Paid employeesployeesloyeesyeesees
Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note
28)
11.1 Staff CostsStaff Costsff CostsCosts
This yearyearear Last yearyearear
£ £
Salaries and wagesgeses - -
Social security costsy costs costs - -
Pension costs (defined contribution scheme)(defined contribution scheme)defined contribution scheme))
Other employee benefitsployee benefitsloyee benefitsyee benefitsee benefits - -
Total staff costs - -
Thiss year:r:
Please provide details of expenditure on staff working for the
charity whoseharity whosearity whoserity whosety whose whoseose contractsntractstractsractsacts are with andre with ande with and with andth andh andandndd areree paididd by a related relatedelatedlatedated partyrtyty
Lastast year:r:
Please provide details of expenditure on staff working for the
charity whoseharity whosearity whoserity whosety whose whoseose contractsntractstractsractsacts are with andre with ande with and with andth andh andandndd areree paididd by a related relatedelatedlatedated partyrtyty
Please give details of the number of employees whose total employee benefits (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions,
please enter 'true' in the box provided.
No employees received employee benefits (excluding
employer pension costs) for the reporting period of more than
£60,000
Bandandndd Number of employeesumber of employeesmber of employeesber of employeesr of employeesof employeesf employeesemployeesmployeesployeesloyeesoyees
This yearyearear Last yearyearear
£60,000 to £69,999 - -
£70,00070,0000,000 to £79,99979,9999,999 - -
£80,000 to £89,999 - -
£90,000 to £99,999 - -
£100,000100,00000,000 to £109,999109,99909,999 - -
This yearyearear Last yearyearear
£ £
Please provide the total amount paid to key management provide the total amount paid to key management rovide the total amount paid to key management paid to key management aid to key management y management management gement ement - -
11.2 Average head count in the year ThiNusmyeaberrNusmyeaberrusmyeaberrsmyeaberrmyeaberryeaberrberrrrr LNastumyeaberrNastumyeaberrastumyeaberrumyeaberrmyeaberryeaberrberrrrr
The parts of the charity in which the Fundraisingundraisingndraisingdraisingraisingaisingisingsingingg - -
employees work Charitable Activities - -
Governancevernanceernancernanceancencece - -
Other - -
Total - -
11.3 Ex-gratia3 Ex-gratia Ex-gratiagratiaratiaatiaiaa paymentsmentsentsntsts to employeesmployeesployeesloyeesoyees andndd othershersersrss (excludingxcludingcludingludingudingingg trustees)rustees)ustees)
Pleaseease complete if an ex-gratiamplete if an ex-gratiaplete if an ex-gratialete if an ex-gratiaete if an ex-gratia if an ex-gratiaan ex-gratian ex-gratiaex-gratiax-gratiagratiaratiaatiaiaa payment is made.ment is made.ent is made.nt is made.t is made. is made.s made. made.ade..
Please explain the nature of the This year
payment
Last year
Please state the legal authority or This year
reason for making the payment
Last year
Thiss yearr Lastast yearr
£ £
Please state the amount of the payment (or value of any waiver - -
of a right to an asset)
11.4 Redundancyedundancyndancydancyncycy paymentsmentsentsntsts
Pleaseease complete if any redundancymplete if any redundancyplete if any redundancylete if any redundancyete if any redundancy if any redundancyany redundancyny redundancyy redundancy redundancyedundancyndancydancyncycy or termination payment is made in ther termination payment is made in thetermination payment is made in thermination payment is made in theation payment is made in theion payment is made in theon payment is made in then payment is made in thepayment is made in thement is made in theent is made in thent is made in thet is made in the is made in thes made in the made in theade in the in thethehee period.riod.od..
Thiss yearr Lastast yearr
£ £
Total amount of payment - -
The nature of the payment (cash, asset
etc.)
Thiss yearr Lastast yearr
£ £
The extent of redundancy funding at the balance sheet date - -
Please state the accounting policy for any redundancy or
termination payments
----- End of picture text -----

Section C Notes to the accounts (cont)


Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

*12.1 Please complete this note ifa defined contribution pension scheme is operated.*

	This year	Last year
	£	£
Amount of contributions recognised in the SOFA as an expense	-	-

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

*12.2 Please complete this section where the charity participates in a defined benefit pension plan but is* *unable to ascertain its share of the underlying assets and liabilities.*

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.
Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity this year and last year, if different

*12.3 Please complete this section where the charity participates in a multi-employer defined benefit* *pension plan that is accounted for as a defined contribution plan.*

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi- employer plan. If this is different for last year, provide details
Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details

Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 13 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate form a material part of
the charitable activities undertaken.
This year:
13.1 Analysis of grants paid (included in cost of charitable activities)
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
Bentley Priory Battle of Britain Trust 75,000 - Nil 75,000
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total 75,000 - - 75,000
Please enter “Nil” if the charity does not identify and/or allocate support costs.
13.2 Grants made to institutions
Please provide
My charity has made grants to particular institutions that are material in No details of charity's
the context of its grantmaking. Details of the institution supported, URL.
purpose of the grant and total paid to each institution is available on the Provide details
charity's web site. Yes below
Total amount of
Names of institution Purpose
grants paid £
Bentley Priory Battle of Britain Trust Essential Support to Operating Costs 75,000
-
-
-
-
-
-
-
-
-
Total grants to institutions in reporting period 75,000
-
Other unanalysed grants
TOTAL GRANTS PAID 75,000
Last year:
13.3 Analysis of grants paid (included in cost of charitable activities)
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
Bentley Priory Battle of Britain Trust 75,000 - Nil 75,000
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total 75,000 - - 75,000
Please enter “Nil” if the charity does not identify and/or allocate support costs.
13.4 Grants made to institutions
Please provide
My charity has made grants to particular institutions that are material in No details of charity's
the context of its grantmaking. Details of the institution supported, URL.
purpose of the grant and total paid to each institution is available on the
Provide details
charity's web site. Yes
below
Total amount of
Names of institution Purpose grants paid £
Bentley Priory Battle of Britain Trust Essential Support to Operating Costs 75,000
-
-
-
-
-
-
-
-
-
Total grants to institutions in reporting period 75,000
Other unanalysed grants -
TOTAL GRANTS PAID 75,000
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Section C Notes to the accounts (cont)


Note 14	Tangible fixed assets
*Please complete this*	*note ifthe charity has any tangible fixe*		*d assets*
14.1 Cost or valuatio	n
	Freehold land & buildings	Other land & buildings	Plant, machinery and motor vehicles	Fixtures, fittings and equipment	Total
	£	£	£	£	£
At the beginning of the year	-	-	-	-	-
Additions	-	-	-	-	-
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	-	-	-	-	-
14.2 Depreciation an	d impairments
**Basis	SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL or RB	SL or RB
** Rate

At beginning of the year	-	-	-	-	-
Disposals	-	-	-	-	-
Depreciation	-	-	-	-	-
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	-	-	-

14.3 Net book value
Net book value at the beginning of the year	-	-	-	-	-
Net book value at the end of the year	-	-	-	-	-

14.4 Impairment
*This year: Please provide a description of the events and* *circumstances that led to the recognition or reversal of an* *impairment loss.*

*Last year: Please provide a description of the events and* *circumstances that led to the recognition or reversal of an* *impairment loss.*

14.5 Revaluation
*If an accounting policy of revaluation is adopted, please provide:*				This year	Last year
*the effective date of the revaluation*
*the name of independent valuer, if applicable*
*the methods applied and significant assumptions*
*the carrying amount that would have been recognised had* *the assets been carried under the cost model.*				-	-

14.6 Other disclosures
				This year	Last year
				£	£
*(i) Please state the amount of borrowing costs, if any, capitalised in the* *construction of tangible fixed assets and the capitalisation rate used.*				-	-
*(ii) Please provide the amount of contractual commitments for the acquisition* *of tangible fixed assets.*				-	-
*(iii) Details of the existence and carrying amounts of property, plant and* *equipment to which the charity has restricted title or that are pledged as* *security for liabilities.*

* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable(SL = straight line; RB =					_reducing balance). _

Section C Notes to the accounts (cont)


Note 15	Intangible assets
*Please complete this*	*note ifthe cha*	*rity has any in*	*tangible assets*
15.1 Cost or valuatio	n
	Research & development	Patents and trademarks	Other	Total
	£	£	£	£
At beginning of the	-	-	-	-
~~year~~ Additions	-	-	-	-
Disposals	-	-	-	-
Revaluations	-	-	-	-
Transfers *	-	-	-	-
At end of the year	-	-	-	-
15.2 Amortisation an	d impairments
**Basis	SL or RB	SL or RB	SL or RB	SL or RB	Straight Line ("SL") or Reducing Balance ("RB")
** Rate

At beginning of the	-	-	-	-
~~year~~ Disposals	-	-	-	-
Amortisation	-	-	-	-
Impairment	-	-	-	-
Transfers*	-	-	-	-
At end of year	-	-	-	-

15.3 Net book value
Net book value at the beginning of the year	-	-	-	-
Net book value at the end of the year	-	-	-	-

15.4 Accounting poli	cy
*Please disclose the a*	*ccounting pol*	*icy for intangi*	*ble fixed assets including:*
*Reasons for choosin* *amortisation rates*	g
*Policies for the recog* *capital development*	*nition of any*

15.5 Impairment
This year:
*Please provide a des* *circumstances that l* *reversal of an impair*	*cription of the* *ed to the recog* *ment loss.*	*events and* *nition or*
Last year:
*Please provide a des* *circumstances that l* *reversal of an impair*	*cription of the* *ed to the recog* *ment loss.*	*events and* *nition or*

15.6 Revaluation
*If an accounting poli*	*cy of revaluatio*	*n is adopted,*	*please provide:*
			This year		La	st year
*the effective date of*	*the revaluation*
*the name of indepen*	*dent valuer, if a*	*pplicable*
*the methods applied*
*the carrying amount* *recognised had the a* *the cost model.*	*that would ha* *ssets been ca*	*ve been* *rried under*

15.7 Other disclosur	es
*(i) If your intangible* *of grant, provide valu* *carrying amount of t*	*asset was acq* *e on initial rec* *he asset.*	*uired by way* *ognition and*
*(ii) Details of the c* *intangible assets to* *restricted title or that* *liabilities.*	*arrying amoun* *which the char* *are pledged a*	*ts of any* *ity has* *s security for*
*(iii) Please provide t* *commitments for the* *assets.*	*he amount of* *acquisition of*	*contractual* *intangible*
*(iv) State the amoun* *development expend* *expenditure in the ye*	*t of research a* *iture recognise* *ar.*	nd *d as*
*(v) Please detail the* *which a charge for a* *assets is included.*	*headings in th* *mortisation of*	*e SOFA in* *intangible*
*(vi) For any material* *provide a description* *any remaining amort*	*intangible ass* *, its carrying a* *isation period.*	*ets, please* *mount and*

* The "transfers" row i	s for movement	s between fixe	d asset categories.
** Please indicate the reducing balance). Als asset (in years); for re	method of depr o please indica ducing balance	eciation by del te the rate of d , what is the pe	eting the method not applicabl epreciation: for straight line, w rcentage annual deduction.		e (SL = straight hat is the antici	line; RB = pated life of the

Section C	Notes to the accounts	Notes to the accounts		(cont)	(cont)
Note 16 Heritage a	ssets
*Please complete this note ifthe charit*	*y has heritage assets*
16.1 General disclosures for all chariti	es holding heritage assets
	This year			Last year
(i) Explain the nature and scale of heritage assets held.
(ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.

16.2 Cost or valuation
	Heritage asset 1	Heritage asset 2	Heritage asset 3	Heritage asset 4	Total
	£	£	£	£	£
At beginning of the year	-	-	-	-	-
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
Revaluations	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	-	-	-	-	-
16.3 Depreciation and impairments
**Basis						Straight Line ("SL") or Reducing Balance
** Rate						~~("RB")~~

At beginning of the year	-	-	-	-	-
Disposals	-	-	-	-	-
Depreciation	-	-	-	-	-
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of year	-	-	-	-	-

16.4 Net book value
Net book value at the beginning of the year	-	-	-	-	-
Net book value at the end of the year	-	-	-	-	-

16.5 Impairment
Thisyear
*Please provide a description of the eve* *led to the recognition or reversal of an*	*nts and circumstances that* *impairment loss.*
Lastyear
*Please provide a description of the eve* *led to the recognition or reversal of an*	*nts and circumstances that* *impairment loss.*

16.6 Revaluation
*If an accounting policy of revaluation i*	*s adopted, please provide:*
			This	year	Last	year
*the effective date of the revaluation*
*the name of independent valuer, if app*	*licable*
*qualifications of independent valuer*
*the methods applied and significant a*	*ssumptions*
*any significant limitations on the valua*	*tion*

16.7 Analysis of heritage assets by cl	ass or group distinguishing t		hose at cost a	nd those at valuation
				At valuation Group A	At cost Group B	Total
				£	£	£
Carrying amount at the beginning of the period				-	-	-
Additions				-	-	-
Disposals				-	-	-
Depreciation/impairment				-	-	-
Revaluation				-	-	-
Carrying amount at the end of period				-	-	-

16.8 Heritage assets (where heritage	assets are not recoignised o		n the balance	sheet)
	This year			Last year
(i) Explain the reason why heritage assets have not been recognised on the balance sheet.
(ii) Describe the significance and nature of heritage assets.
(iii) Disclose information that is helpful in assessing the value of heritage assets.
(iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.

16.9 Five year summary of heritage a	ssets transactions
	2015	2014	2013	2012	2011
	£	£	£	£	£
Purchases
Group A	-	-	-	-	-
Group B	-	-	-	-	-
Group C	-
Other	-
Donations
Group A	-	-	-	-	-
Group B	-	-	-	-	-
Group C	-	-	-	-	-
Other	-	-	-	-	-
Total additions	-	-	-	-	-

Charge for impairment
Group A	-	-	-	-	-
Group B	-	-	-	-	-
Group C	-	-	-	-	-
Other	-	-	-	-	-
Total charge for impairment	-	-	-	-	-

Disposals
Group A - carrying amount	-	-	-	-	-
Group B - carrying amount	-	-	-	-	-
Group C	-	-	-	-	-
Other	-	-	-	-	-
Total disposals	-	-	-	-	-

Section C Notes t	Section C Notes t	o the acco	unts	unts	unts	(cont)
Note 17 Investment assets
*Please complete this note if the charity has any in*		*vestment as*	*sets.*
17.1 Fixed assets investments (please provid		e for each	class of investment)
	Cash & cash equivalents	Listed investments	Investment properties	Social investments	Other	Total
Carrying (fair) value at beginning of period	-	2,643,287	-	-	-	2,643,287
Add:additions to investments during period*	-	-	-	-	-	-
Less:disposals at carrying value	-	-	-	-	-	-
Less: impairments	-	-	-	-	-	-
Add: Reversal of impairments	-	-	-	-	-	-
Add/(deduct):transfer in/(out) in the period	-	306,652	-	-	-	306,652
Add/(deduct):net gain/(loss) on revaluation	-	-	-	-	-	-
Carrying (fair) value at end of year	-	2,949,939	-	-	-	2,949,939

*Please specify additions resulting from acquisitions through business combinations, if any.

*Please note that Fair Value in this context is the a* *knowlegable and willing parties in an arm's lengt* *the security quoted on the London Stock Exchan* *is no market price on a traded market, it is the tru*		*mount for w* *h transaction* *ge Daily Offi* *stees' or val*	*hich an asset could be exchanged be* *. For traded securities, the fair value* *cial List or equivalent. For other asse* *uers' best estimate of fair value.*			*tween* *is the value of* *ts where there*

17.2 Please provide a breakdown of investm B04 differentiating between those held at fair		ents shown value and	above agreeing with the balance those held at cost less impairmen			sheet row t.
This year:
Analysis of investments
			Fair value at year end		Cost les	s impairment
			£			£
Cash or cash equivalents			-			-
Listed investments			2,949,939			-
Investment properties			-			-
Social investments			-			-
Other investments			-			-
Total			2,949,939			-
Grand total (Fair value at year end+Cost less imp		airment)				2,949,939

Last year:
Analysis of investments
			Fair value at year end		Cost les	s impairment
			£			£
Cash or cash equivalents			-			-
Listed investments			2,643,287			-
Investment properties			-			-
Social investments			-			-
Other investments			-			-
Total			2,643,287			-
Grand total (Fair value at year end+Cost less imp		airment)				2,643,287

17.3 If your charity holds investment propert		ies, please	complete the following note:
			Thisyear		La	styear
(i) Explain the methods and significant assumpt determining the fair value of investment propert the charity		ions in y held by
(ii) Name or independent valuer, if applicable, a qualifications		nd relevant
(iii) Provide details of any restrictions on the ab realise investment property or on the remittance or disposal proceeds		ility to of income
(iv) Explain any contractual obligations for the p construction or development of investment prop repairs, maintenance or enhancements		urchase, erty or for

17.4 Pleaseprovide a breakdown of current		asset inves	tments, if applicable, agreeing wit			h the balance

Analysis of current asset investments			This year		La	st year
			£			£
Cash or cash equivalents			968			4,085
Listed investments			-			-
Investment properties			-			-
Social investments			-			-
Other investments			-			-
Total			-			-

17.5 Guarantees
			Thisyear				Lastyear
Please provide details and amount of any guaran to or on behalf of a third party		tee made
Name of the entity or entities benefitting from th guarantees		ose
Please explain how the guarantee furthers the c aims		harity's

17.6 Concessionary loans
*Amount of concessionary loans made (Multiple* loans made may be disclosed in aggregate provided that such aggregation does not obsure significant** information ).			*Description*			This year £	Last year £
						-	-
						-	-
						-	-
						-	-
		*Total*				-	-
Amount of concessionary loans received *(Multiple loans received may be disclosed in aggregate* *provided that such aggregation does not obsure* *significant information).*
			*Description*			This year £	Last year £
						-	-
						-	-
						-	-
		*Total*				-	-

			This year			Last year
Terms and conditions eg interest rate, security provided
Value of any concessionary loans which have been committed but not taken up at the reporting date
Amounts payable within 1 year
Amounts payable after more than 1 year
Amounts receivable within 1 year
Amounts receivable after more than 1 year

17.7 Additional information
			This year			Last year
Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.
For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.
Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.

For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.
Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.

Section C Notes to the accounts (con


Note 18 Stocks
*Please complete this note if the charity holds any stock items*

18.1 Please state the carrying amount of stock and work in progress analysed between activities.
	Stock		Donated goods		Work in progress
	For distribution	For resale	For distribution	For resale
	£	£	£	£	£
Charitable activities:
*Opening*	-	-	-	-	-
*Added in period*	-	-	-	-	-
*Expensed in period*	-	-	-	-	-
*Impaired*	-	-	-	-	-
*Closing*	-	-	-	-	-

Other trading activities:
*Opening*	-	-	-	-	-
*Added in period*	-	-	-	-	-
*Expensed in period*	-	-	-	-	-
*Impaired*	-	-	-	-	-
*Closing*	-	-	-	-	-

Other:
*Opening*	-	-	-	-	-
*Added in period*	-	-	-	-	-
*Expensed in period*	-	-	-	-	-
*Impaired*	-	-	-	-	-
*Closing*	-	-	-	-	-
Total this year	-	-	-	-	-
*Total previous year*	-	-	-	-	-

		This year		Last year
		£		£
18.2 Please specify the carrying amount of any stocks pledged as security for liabilities

Section C Notes to the accounts (cont)


Note 19 Debtors and prepayments
*Please complete this note if the charity has any debtors or prepayments.*
19.1 Analysis of debtors
	This year	Last year
	£	£
Trade debtors	-	-
Prepayments and accrued income	-	-
Other debtors	-	-
Total	-	-

*Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.*
19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)
	This year	Last year
	£	£
Trade debtors	-	-
Prepayments and accrued income	-	-
Other debtors	-	-
Total	-	-


Note 19 Debtors and prepayments
*Please complete this note if the charity has any debtors or prepayments.*
19.1 Analysis of debtors
	This year	Last year
	£	£
Trade debtors	-	-
Prepayments and accrued income	-	-
Other debtors	-	-
Total	-	-

*Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.*
19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)
	This year	Last year
	£	£
Trade debtors	-	-
Prepayments and accrued income	-	-
Other debtors	-	-
Total	-	-

Section C Notes to the accounts (cont)


Note 20 Creditors and accruals
*Please complete this note if the charity has any creditors or accruals.*

20.1 Analysis of creditors
	Amounts falling due within one year		Amounts falling due after more than one year
	This year	Last year	This year	Last year
	£	£	£	£
Accruals for grants payable	-	-	-	-
Bank loans and overdrafts	-	-	-	-
Trade creditors	-	-	-	-
Payments received on account for contracts or performance-related grants	-	-	-	-
Accruals and deferred income	650	625	-	-
Taxation and social security	-	-	-	-
Other creditors	-	-	-	-
Total	650	625	-	-


20.2 Deferred income
*Please complete this note if the charity has deferred*
~~*income*~~	This year		Last year
*Please explain the reasons why income is* *deferred.*

*Movement indeferred income account*			This year	Last year
			£	£
Balance at the start of the reporting period			-	-
Amounts added incurrent period			-	-
Amounts released to income from previous periods			-	-
Balance at the end of the reporting period			-	-

Section C Notes to the accounts (cont)


Note 21 Provisions for liabilities and charges
*Please complete this note if you have included in charity expenditure any provisions. A provision* *is made when the charity has a liability of uncertain timing or amount.*
21.1 Movements in recognised provisions and funding commitment during the period
		This year	Last year
		£	£
Balance at the start of the reporting period		-	-
Amounts added incurrent period		-	-
Amounts charged against the provision inthe current period		-	-
Unused amounts reversed during the period		-	-
Balance at the end of the reporting period		-	-

21.2 Please provide:	This year	Last year
- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;
- an indication of the uncertainties about the amount or timing of those outflows; and
- the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.

	This year	Last year
21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance- related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).

21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.

Section C Notes to the accounts (cont)


Note 22 Other disclosures for debtors, creditors and other basic financial instruments
	This year	Last year
22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.

22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.

Section C Notes to the accounts (cont)

Note 23 Contingent liabilities and contingent assets

23.1 Contingent liabilities Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.



Note 23 Contingent liabilities and contingent assets

23.1Contingent liabilities
Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.
This year
Description of item including its legal nature. Please describe any security provided in connection to the liability.	Estimate of financial effect




Last year
Description of item including its legal nature. Please describe any security provided in connection to the liability.	Estimate of financial effect





23.2Contingent assets
Where the charity has contingent assets, please complete the following section when their existence is probable
This year
Description of item	Estimate of financial effect





Last year
Description of item	Estimate of financial effect





23.4Other disclosures for contingent assets and/or liabilities
Please provide the following information where practicable:
	This year	Last year
Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement
Where it is not practical to make one or more of these disclosures, please state this fact

Section C Notes to the accounts (cont)


Note 24 Cash at bank and in hand
	This year	Last year
	£	£
Short term cash investments (less than 3 months maturity date)	-	-
Short termdeposits	-	-
Cash at bank and on hand	968	4,085
Other	-	-
Total	968	4,085

Section C Notes to the accounts (cont)



Note 25 Fair value of assets and liabilities

	This year	Last year
25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

Section C Notes to the accounts (cont)


Note 26 Events after the end of the reporting period
*Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the* *reporting period but before the accounts are authorised which relate to conditions that arose after the end of the* *reporting period.*

	This year	Last year
Please provide details of the nature of the event


Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made

Section C Notes to the accounts (cont)

Note 27 Charity funds

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 27 Charity funds
27.1 Details of material funds held and movements during the CURRENT reporting period
*Please give details of the movements of material individual funds in the reporting period together w* *revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reco*				*ith a balancing figure for 'O* *ncile to 'Total funds' in the*		*ther funds' (which should include* *balance sheet.*
* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - rest *funds*			*ricted income*	*funds, including special tru*		*sts, of the charity; and U - unrestricted*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward	Income	Expenditure	Transfers	Gains and losses	Fund balances carried forward
			£	£	£	£	£	£
Unresticted Funds	UR	Grants to the Bentley priory Battle of Britain Trust	2,643,287	406,178	-99,526	-	-	2,949,939
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds (balancing* *figure)*	N/a	N/a	-	-	-	-	-	-
Total Funds asper balance sheet			2,643,287	406,178	- 99,526	-	-	2,949,939

				Yes*	No*
Fund balances carried forward include assets and liabilities denominated in a foreign currenc			y		✓

*If yes, please state the basis on which the assets and/or liabilities have been translated into* *sterling (or the currency in which the accounts are drawn up).*

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 27 Charity funds
27.2 Details of material funds held and movements during the PREVIOUS reporting period
*Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include* *revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.*
* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted *funds*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward	Income	Expenditure	Transfers	Gains and losses	Fund balances carried forward
			£	£	£	£	£	£
Unresticted Funds	UR	Grants to the Bentley priory Battle of Britain Trust	2,778,534	-31,197	-100,590	-	-	2,646,747
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds (balancing* *figure)*	N/a	N/a	-	-	-	-	-	-
Total Funds asper balance sheet			2,778,534	- 31,197	- 100,590	-	-	2,646,747

				Yes*	No*
Fund balances carried forward include assets and liabilities denominated in a foreign currenc			y		✓

Section C Notes to the accounts

----- Start of picture text -----
Note 27 Charity funds (cont)
27.3 Transfers between funds
This year
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds
-
Between endowment and
restricted funds
-
Between endowment and
unrestricted funds
-
-
Last year
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds -
Between endowment and
restricted funds
-
Between endowment and
unrestricted funds
-
-
27.4 Designated funds
This year
Planned use Purpose of the designation Amount
-
-
-
-
-
-
Last year
Planned use Purpose of the designation Amount
-
-
-
-
-
-
----- End of picture text -----

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False) In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

		Amounts paid or benefit	Amounts paid or benefit	value
Legal authority (eg	Remuneration	Pension	Redundancy	Other	TOTAL
Name of trustee order, governing		contribution	(including
document)			loss of
			office)/ex
			gratia
	£	£	£	£	£
	-	-	-	-		-
	-	-	-	-		-
	-	-	-	-		-
	-	-	-	-		-

*Please give details of why remuneration or other*
*employment benefits were paid.*
*Where an ex gratia payment has been made to a trustee,*
*provide an explanation of the nature of the payment.*
*If a third party has been reimbursed for providing one or*
*more trustees, state the nature of the payment and*
*amount of the reimbursement.*
*State the number of trustees to whom retirement benefits*
*are accruing under a defined contribution pension*
*scheme.*

Last year
None of the trustees have been paid any remuneration or	received any other benefits from an
employment with their charity or a related entity (True or False)

*In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for,*
*any remuneration or other benefits paid to a trustee by the*	*charity or any*	*institution or*	*company connected with*		*it.*

		Amounts paid or benefit	Amounts paid or benefit	value
Name of trustee Legal authority (eg order, governing	Remuneration	Pension contribution	Redundancy (including loss of	Other	TOTAL
document)			office)/ex
			gratia
	£	£		£	£
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-

*Please give details of why remuneration or other*
*employment benefits were paid.*
*Where an ex gratia payment has been made to a trustee,*
*provide an explanation of the nature of the payment.*
*If a third party has been reimbursed for providing one or*
*more trustees, state the nature of the payment and*
*amount of the reimbursement.*
*State the number of trustees to whom retirement benefits*
*are accruing under a defined contribution pension*
*scheme.*

28.2 Trustees' expenses
*If the charity has paid trustees expenses for fulfilling their*	*duties, details*	*of such transactions should be provided in this*
*note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please*
*enter "False".*

*enter "False".*
No trustee expenses have been incurred (True or False)

Type of expenses reimbursed		This year £		Last year £
Travel			-		-
Subsistence			-		-
Accommodation			-		-
Other (please specify):			-		-
			-		-
	TOTAL		-		-

Please provide the number of trustees reimbursed for expenses or
who had expenses paid by the charity

28.3 Transaction(s) with related parties
*Please give details of any transaction undertaken by (or on behalf of) the*		*charity in which a related party has a material*
*interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter*
*'true' in the box provided.*
Thisyear
There have been no related party transactions in the reporting period (True or False)


							Amounts
Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end		written off during reporting
							period
			£	£	£		£
			-	-		-	-
			-	-		-	-
			-	-		-	-
			-	-		-	-

*In relation to the transactions above, please provide the*
*terms and conditions,*	*including any security and the*
*nature of any payment (consideration) to be provided in*
*settlement.*

*For any related party, please provide details of any*
*guarantees given or received.*

Lastyear
There have been no related party transactions inthe reporting period (True or False)

							Amounts
Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end		written off during reporting
							period
			£	£	£		£
			-	-		-	-
			-	-		-	-
			-	-		-	-
			-	-		-	-

*In relation to the transactions above, please provide the*
*terms and conditions,*	*including any security and the*
*nature of any payment (consideration) to be provided in*
*settlement.*

*For any related party, please provide details of any*
*guarantees given or received.*

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.