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|Financial Statements|Financial Statements|year ended 31"May 2023||
|---|---|---|---|
|CONTENTS|||PAGE|
|Trustees Annual
Report||||
|Independent
Examiner's|Report|||
|Statement ofFinancial|activities|||
|Balance Sheet||||
|Notes to the Financial|Statements|||
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||||||(a company
limited
by guar|(a company
limited
by guar|(a company
limited
by guar|(a company
limited
by guar|antee)|antee)|
|---|---|---|---|---|---|---|---|---|---|---|
|Trustees|||Annual||Report (incorporating
the Director's||||Report) year ended 31"May||
||||||||2023||||
|||||||Reference and Administrative|||details||
|Registered|||Charity||name||Boscombe Down Aviation||Collection|Limited|
|Company||Registration||||Number:|06258182 (England|and Wales)|||
|Charity|Registration||||Number:||1142599||||
|Registered|||Office||||Hangar
1 South,||||
|and operational||||address:|||Old Sarum Airfield,||||
||||||||Old Sarum,||||
||||||||Salisbury.||||
||||||||SP4 6DZ||||
|Trustees:|||||||Sqn Ldr J.Sharpe MBE MRAES MCMI RAF retired||||
||||||||Mr R. Fulton GENG|FRAES MIET|||
||||||||Mr P. Mogg||||
||||||||Ms S.Rickson||||
||||||||Mr C. Hodson||||
|Directors:|||||||Sqn Ldr J.Sharpe MBE MRAES MCMI RAF retired||||
||||||||Mr R. Fulton CENG|FRAES MIET|||
||||||||Mr P. Mogg||||
||||||||Ms S.Rickson||||
||||||||Mr C. Hodson||||
|Bankers:|||||||Santander
Business|Banking|||
||||||||Bridle Road||||
||||||||Bootle||||
||||||||L304GB||||
||||||||Co-operative
Business Bank||||
||||||||P.O. Box250, Delft House||||
||||||||Southway||||
||||||||Skelmersdale||||
||||||||WN8 6WT||||
||||||||Metro Bank||||
||||||||One Southampton
Row||||
||||||||London||||
||||||||WC1B 5HA||||
|Solicitors:|||||||Parker Bullen||||
||||||||45 Castle Street||||
||||||||Salisbury||||
||||||||SP1 3SS||||
|Independent|||Examiners:||||SM Bachrach FCA||||
||||||||Chalmers
8 Co (SW) Limited||||
||||||||The Old Emporium||||
||||||||Bow Street, Langport|TA10 9PQ|||
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||Note|Unrestricted|Restricted|Year to|Year to|
|---|---|---|---|---|---|
|||funds|funds|31.5.23|31.5.22|
|||E|F|F||
|INCOME FROM:||||||
|Donations
and legacies||31,186||31,186|55,980|
|Charitable
activities||163,752||163,752|129,722|
|TOTAL INCOME||194,938||194,938|185,702|
|EXPENDITURE ON:||||||
|Charitable
activities||191,734||191,734|157,365|
|Governance||3,640||3,640|3,543|
|TOTAL EXPENDITURE||195,374||195,374|160,908|
|Net income
/ (outgoing)
resources for the year||(436)||(436)|24,794|
|Revaluation
of exhibits|||||20,110|
|Net movement
in funds||(436)||(436)|44,904|
|Reconciliation
offunds:||||||
|Total funds at 1 June 2022||288,343||288,343|243,439|
|Total funds at 31 May 2023|16/17|287,907||287,907|288,343|
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||||Note|2023|2022|
|---|---|---|---|---|---|
|Fixed Assets||||||
|Tangible Assets|||10|177,737|179,588|
|Current Assets||||||
|Stocks|||12|4,975|5,086|
|Debtors|||13|18,188|13,928|
|Cash at bank and
in hand||||132,907|135,233|
|Total Current Assets||||156,070|154,247|
|Creditors;
amounts
one year|falling|due within|||21,881|
|Net Current Assets||||130,448|132,366|
|Total Assets less Current||Liabilities||308,185|311,954|
|Creditors;
amounts
more than one year|falling|due after|15|20,278|23,611|
|Net Assets||||287,907|288,343|
|Charity Funds||||||
|Restricted
income funds|||16|||
|Unrestricted
income|funds|||169,832|170,268|
|Revaluation
reserve||||118,075|118,075|
|Total Unrestricted
funds|||16|287,907|288,343|
|Total Charity funds|||17|287,907|288,343|
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||||||||Unrestricted|Restricted|Year to|Year to|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|31.5.2023|31.5.22|
|4|Donations|and legacies|||||||||
||Donations||||||18,659||18,659|40,044|
||Gift Aid||||||8,496||8,496|6,477|
||National
Lottery Heritage||||Funds Grants|||||1,096|
||Local Council||Covid|support||Grants||||6,500|
||Audience
Development||||Grant|||||500|
||Government||Grant for BBLInterest|||||||63|
||Subscriptions||||||4,031||4,031|1,300|
||||||||31,186||31,186|55,980|
||||||||Unrestricted|Restricted|Year to|Year to|
||||||||funds|funds|31.5.2023|31.5.2022|
|5|Charitable|activities|||||||||
||Museum
entry fees||||||111,613||111,613|81,538|
||Shop sales||||||30,537||30,537|27,410|
||Events and|activities||income|||14,211||14,211|9,668|
||Other trading||income||||7,391||7,391|11,106|
||||||||163,752||163,752|129,722|
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||||Unrestricted|Restricted|Year to|Year to|
|---|---|---|---|---|---|---|
||||funds|funds|31.5.23|31.5.22|
|6.|Charitable
activities||||||
||Advertising
& promotion||3,839||3,839|3,692|
||Cleaning expenses||982||982|510|
||Cost of Goods sold||19,461||19,461|12,804|
||Credit card charges||2,928||2,928|2,302|
||Depreciation||1,851||1,851|2,056|
||Dues & Subscriptions||80||80||
||Exhibit Maintenance|& Purchase|4,039||4,039|769|
||Insurances||7,091||7,091|8,522|
||IT Expenses||833||833|1,495|
||Light & Heat||12,545||12,545|9,957|
||Health
&Safety||340||340|1,708|
||Office expenses||1,633||1,633|1,996|
||Rates &Water||6,956||6,956|3,841|
||Rent &service charges||125,460||125,460|91,484|
||Repairs and maintenance||2,054||2,054|1,896|
||Transport costs||974||974|9,643|
||Miscellaneous||256||256|4,336|
||Training||412||412||
||||191,734||191,734|157,365|
||||Unrestricted|Restricted|Year to|Year to|
||||funds|funds|31.5.23|31.5.22|
|||||F|||
||Governance costs||||||
||Accountancy
fees||2,730||2,730|2,700|
||Bank Service charge||261||261|112|
||Companies
House||13||13|13|
||Interest||636||636|718|
||||3,640||3,640|3,543|
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||Exhibits|Office|Fixtures|Total|
|---|---|---|---|---|
|||equipment|and fittings||
|Cost or valuation;|161,079|13,269|13,108|187,456|
|As at 1 June 2022|||||
|Additions|||||
|Disposals|||||
|Revaluation|||||
|As at 31 May 2023|161,079|13,269|13,108|187,456|
##
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|Depreciation;
As at 1 June 2022||3,087|4,781|7,868|
|---|---|---|---|---|
|Charge for the year||1,018|833|1,851|
|As at 31 May 2023||4,105|5,614|9,719|
|Net book value|||||
|At 31 May 2023|161,079|9,164|7,494|177,737|
|At 1 June 2022|161,079|10,182|8,327|179,588|
##
||||||Year to|Year to|
|---|---|---|---|---|---|---|
||Valuation|of Exhibits|||31.5.23|31.5.22
f|
||The assets were last valued|||in 2022 by|||
||the Charity's||Project Director|and|||
||Technical|Director based on||market|||
||value.||||161 079|161 079|
|12|Stock||||||
||||||Year to|Yearto|
||||||31.5.23|31.5.22|
||Goods for|resale|||4,975|5,086|
||||||4,975|5,086|
||||||Yearto|Year to|
|13|Debtors||||31.5.23
f|31.5.22|
||Accounts|receivable|||430|470|
||Prepayments||||17,758|13,458|
||||||18,188|13,928|
##
|||||Year to|Year to|
|---|---|---|---|---|---|
|||||31.5.23|31.5.22|
||||||f|
|14|Creditors;|Amounts|falling due within one year|||
||Trade creditors|||5,791|2,050|
||Other creditors|||1,148|1,148|
||Secured loans|||15,350|15,350|
||Unsecured|loans||3,333|3,333|
|||||25,622|21,881|
||Sqn Ldr J Sharpe|Sqn Ldr J Sharpe||||12,200|
|---|---|---|---|---|---|---|
||Mr & Mrs R Fulton|||||3,150|
|||||||15,350|
||||||Year to|Year to|
||||||31.5.23|31.5.22|
|||||||f|
|15|Creditors;|Amounts|falling due after more than|1 year|||
||Unsecured|loans|||20,278|23,611|
##
||Notes to|the|Financial|Statements|year ended 31 May 2023 (continued)|year ended 31 May 2023 (continued)|year ended 31 May 2023 (continued)|year ended 31 May 2023 (continued)||
|---|---|---|---|---|---|---|---|---|---|
|||||At|1June|Incoming|Outgoing|Revaluation|At 31 May|
|||||2022||Resources|Expenses||2023|
|16|Net Movement||ln funds|||||||
||Unrestricted|funds|||28@343.|194938|L11K3~|||
||Restricted|funds||||||||
##
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|Analysis ofthe n|et assets by fund|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|Total|
|||general funds|Funds|2023|Funds|
||||||2022|
|||f||f||
|Tangible Assets||177,737||177,737|179,588|
|Current Assets:||||||
|Stocks||4,975||4,975|5,086|
|Debtors||18,188||18,188|13,928|
|Cash at bank and|in hand|132,907||132,907|135,233|
|||156,070||156,070|154,247|
|Creditors:||||||
|Amounts
falling due within one year||(25,622)||(25,622)|(21,881)|
|Net current assets||1 0448||~1Q 4~4|~12~88|
|Creditors
amounts|falling due after one year|20278||20 278|23 611|
|Net Assets||287&Q7||~27 9Q7|2M+4~|
|Fund Balances||~27~97||||
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