THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Com an Number 08729269 land & Wales Chari , Number 1154931 DIRECTORS, AND TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Company Information Directors and Trustees Nicholas John Bird Heather Bird David Overton Lesley Reeson John Hom Seeretary Heather Bird Registered Office Kelham House Chapel Road Tumby Woodside Boston Lincolnshire PE22 7SP Independent Examiner Mrs Nicola Lenton FCCA Dexter & Sharpe Chartered Certified Accountants The Old VicaTage Church Close Bosion. Lincolnshire PE216NA Company Number 08729269 (England & Wal¢s) Charity Number 1154931
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Contents PAge Dire¢tors' and Trustees, R¢port Independent Examiner's Repon Statement of Financial Activities Balance Sheet Notes to the A¢¢ounis
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARAIYTLE Directors, and Tru5tees' Report for the Year Ended 31 October 2025 The directors, who are also trustees of the Charity, present their annual port and ihe financial statements for the year ended 31 October 2025. The company incotporated on I l October 2013 and registered as a charity on 8 December 2013. Object5 of the eharity? principal activities and organisation of our work The charity is constituted as a company limited by guarantee. aiid is therefore governed by a memorandum and articles of association. The company is a registered charity with the principal activity of the operation of historical sites and buildings and similar visitor attractions. The object of ihe charity is to advance the education of the general public by the acqui51tion and re%toration of the fomier No. I Communal site, Royal Air Force Woodhall s creating a visitor centre, and furtheringF an interest in Royal Air Force W(xxlhall Spa and its war-time squadrons. ¢ivil life in Lincolnshire during World War 11 and aviation history in general. It does not seek to justify OT glorify war. It is not a Te-enactment so¢iety nor is it commercially Inotiwated. It is entirely non-poliiical and applications for membership are welcomed trom anyone with an inter¢st in the subject. The object of the Group is to furtheT the interest in the public in the recent history of Royal Air Force Woodhall Spa and life in Lincolnshire during World War 11 by the Management of ihe Thorpe Camp Visitor Centre, by promoting and supporting related events and projecls and to keep close contact with like-minded groups and organisations. The Directorsrrruste¢s are keen to support related proj¢¢ts and activities '1th1n s¢hools and are committed to seeking association with ihe young¢r generation. The Directo]3rfrustees remain active and committed to the challenges ahead and are aware of the need to review and improve the administration systems and controls required to support th¢ Group. Directors and Organisational Structure The directors who served dLJring the period were.. Nicholas John Bird Heather Bird David Overton Lesley Reeson John Hom At each annual general meetinbi one third of the direciors mu8t retire from office. The directors io retire by rotation shall be those who have been longest in offi¢¢ since their last appointment. If a director is required to retire at an annual general meeting the retirement shall take effect upon the conclusion of the mecting. No person other than a director retiring by roiation may be appointed a director xt any general IneetinL. All members who are entitled to receive notice of a general meeting must be given not less than 7 nor more than 28 days, notice of any resolution to be put to the meeting to appoint a director other than a director who is to retire by rotation. Volunteers The charity relies on the work of 22 volunteers. Recruitment aDd appointment of new Trustees Any new Directorfrrustee will be a member of the Group and will iherefore be faTniliar with the activitie5 of the Group. On appointment Ls a Trustee each is advised on the rolc and responsibility of a charity's trustee. Organivdtion Th¢ Direc(orsfrrustee5 detemine the general managemeni of the Group and have met on I l occasions during the year. There have been no major changes in the policies adopted to aehieve the objectives during the y¢ar. Investment Powers Under the Memorandum and Articles of Association. the Trustees have the power to expend the funds of the Charity in such a manner as they ¢onsider most beneficial for the achiev¢meni of the objects of the Charity.
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Directors, and Trustees, Report for the Year Ended 31 October 2025 Contd.. Development, activities and achievements The Trustees are delighted with the development of new displays, in¢luding the expansion of the virtual rcality suite. Once ¢ompleted. the suiie will feature six different virtual flying worlds. allowing visitors to experience flight in a variety of aircraft. Thi5 expansion includes the purChe of 2 replica Spitlire cockpit. The Trustees believe this initiaiive will inspire the younger generation io explore the history of the RAF and military life,not only for those who have served but for their families &$ well. Thanks ro a generous l¢gacy left to Thorpe Canip. the Nissan huts have also received much-iieeded refurbishinent, including breeze-blocking and painting of all three hut ends. The H Block 1195 undergone sigiiificani work. with a new roof iiistalled on the tower. while work continues in the old radio ri>om to address a leaking ro()f. Additionally, mosi of the old rotten wo(Kl¢n doors have been replaced with handmade Teplacemenis crafted by a local joiner. This legacy has ensured that the buildings at Thorpe Camp will remain standing for decades to come. The Trustees extend their heartfelt thanks to everyone involved in making this possible. TTan$aetlons. financial position and resen'es During the period the charity had incoming r¢soiirces of £43,064 (2024 £75,145) and outgoing resources of £61.476 (2024- £36,605) leaving a deficit of £18,41217024 surplus £38.5401 for the year. The charity has reserves of £166,514 {2024- £184,926) to continue lis work. Reseryey Poliey and Risk management The Chariry's policy is to maintain reserves at a sufficiently high level go as to Allow the charity to continu¢ to exist through periods of low income Assist with capital expenditure The major risks to which the charity has been exposed hav¢ been identified in the charity's business plan. These are reviewed by the managing trustees as appropriaie. StAtement of trustee5' responsibilities The trustees are required by law io prepare financial statements for each financial year which give a inle and fair view of the financial a¢tivities of the charity and of its financial position at the end of that year. In preparing those financial siatemei)ts, the truslees are required to.. seleci suiiable accounting policies and then apply them consistently- make judgements and estimates that are reasonable and prudeni; state whether the policies adopted are in accordance with the Companies Act 26 and with applicable accounting standards and statements of re¢ommended practices, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tirne the financial position of the charity and to enable them to ensure thai ihe financial siaiements comply with the Companies Act 2006. The) are also responsible for safegwdrding the assets of the charity and hence for iaking reasonable steps for the prevention and deiection or fraud and oiher irregularities. Small Company Rules This report has been prepared in accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating to small companies. This report was approved by the board on I l May 2026 and signed on its behalf. N Bird Director
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARA TrrrEE Independent Examiner's Report to the Trustee5 Of Thorpe Camp Preserv¥tlOD Group Limited I report on the accounts of the company for the year ended 31 (ktober 2025 set out on pages 6 to I l. Responsibilities and basis of report As th¢ ¢harilV'S trustees of the Company (who are also the directors of the coinpaiiy for the purposes of company law), you are responsible for the preparation of the accounts in aecordance with the requirements of the Companies Act 2006 I'the 2006 Act"}. Having satisfied myself that the accounts of the Company are not required to be audited for this veaT under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinatioii of Jour chariry s accounts as arried out under section 145 of the Charities Act 2011 I'lhe 2011 Act"}. ID canying out my exainination, I have followed the Directions given by the Charity Commission (under section 145(5) (b) ol-lhe 201 l Act. Independent examiner's statejnent I have completed my examination. I confim) that no material matters have corne to mv attention which gives me cause to belicve that.. accounting records were not kept in accordance with seciion 386 of the Companies Act 2006. or the ac¢ounis do not accord m.ith SLich records,. or the accounis do noi comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement ihat the accounts give a 'trne and fair, view which is noi a matter considered 8s pan of an indcpendent examination; or the ac¢ounts have not been pr¢pared in accordance with the ChaTities SORP {FRS102}. I have no Concerns and have come across no other matters in connection ivith ihe examination to which attention should be drawn in this report in order to enable a proper understandtngi of the accounts to be reached. NICOLA LENTON FCCA Independent Examiner Dexter & Sharpe Charlered Certified Accountants The Old Viearage Chureh Close Boston, Lincolnshire PE216NA IS May 2026
THORPE CANIP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Stgtement of Finan¢ig1 Activities (Including Income & Expenditure Account) For the Year Ended 31 October 2025 UDrestrieted Funds Restricted Funds Total 2025 Total 2024 Notes Income and endowrnents from: Donations and Legacies Charitable Activities Other Trading Activities 7,937 13,715 21.412 7,937 13.715 21,412 38,482 15,173 21,490 Totsl Income 43,064 43,064 75.145 Expenditure on: Raising Funds- Running Costs Operating Expenditure Managing & Administering the Charities ActiV2ties 46,758 12a54 2,162 202 46,960 12J54 2,162 24,213 10,302 2.090 Total Expenditure 61274 202 61,476 36.605 Net (Expenditure)Ilncome for the Year (18210) {2021 (18,412) 38.540 Total Funds brought forward 180,834 4,092 184,926 146.386 Total Funds carried forward 162,624 3,890 166,514 184.926 Th¢r¢ were no recognised gains and losses for th¢ irdding period other than those included in the siatement of financial activities. The notss on pages 8 to I I fom part of these accounts.
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Balanee Sheet as at 31 October 2025 2025 2024 Notes Fixed Assets 92,523 90.415 Current Assets Prcpayments Cash at Bank and In Hand Stock 601 73,665 2,117 592 92,983 2,214 Total Current Assets 76.383 95,789 10 Creditors: amounts falling due within one year 2J92 1,278 Net Current Assets 73,991 94,511 Net Assets 166514 184.926 Funds Unrestricted Funds Restricted Funds 162,624 3,890 180,834 4,092 166,514 184,926 The charitable eompany is entitled to exempiion from audit under Section 477 of the Companies Aci 2006 for the year ended 31 October 2025. The truslees have not required the charitable company to obtain an audii of its financial siatementg for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act ?006. The trustees acknowledge their responsibilities for= (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006: and prfparing financial statemenis which gTive a true and fair view of the state of affairs of the charitable company as at the end of each finaiicial )'ear and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with ihe requircinents of the Companies Act 2006 relating to financial staiements. so far as applic2ble to the ¢haritable company. {b) These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial siaiements were approved by the Board of Trustees on I l May 2026 and were signed on its behalf by.. N Bird Director The notes on pages 8 10 1 I fom) part of these accounts
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Notss to the Accounts for tbe Yeir Ended 31 October 2025 ACCOUNTING POLICIES Basis of Preparation of Accollnts The financial statement5 Qf tl)e charitable company. which a public benefit entity under FRS 102. have been prepared in accordance with the charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended PTa¢ti¢e applicable to charities preparing their accounts in accordance with the Financial Retx)ning Standard applicable in the UK and Republic of Ireland IFRS 102} (effective l January 2016)-. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the hisiorical cost convention. Tangible Fixed A$$ets and Depreciation Taiigibl¢ fixed assets are stated at Lost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the followiiig b8ses'. Improvements to Property Display Stands l%onC05t 12.50/0 Reducing Balance Basis Incoming Resources Income from siibscriptions. donations. grants including capital grants and gifts are included in incoming Tesour¢¢s when these are r¢¢eived. V#lue Added Tax Value added t&x is not recoverable by the charity, and as su¢h is included in the rtlevant costs in the financial statements. Staff Costs No r¢muneration was paid to any director or trustee during the year. No director or trustee had any undis¢losed material interest in any ifdnsaction with the companv during the year. Ineome Voluniary income and donations are accounted for as received by the charity. Funds Unrestricted funds are donations and oiher incoming resourc receivable or generated for the objects of the charity without further specified purpose and which are available as general fund%. Restri¢ted funds are amounis receivable by the charity where the use 15 specified by the donor, or where funds have been internally generated for a specific purpose relating to the objects of the charity. Full details relating to the restricted funds of the chaTity are included within Ihe notes to th¢ a¢counis. DONATIONS AND LEGACIES UDrestrieted Funds Restricted Funds Total 2025 Toial 2024 Donations M¢mberships Legacies 6.957 980 957 10.965 1,212 26.305 7,937 7,937 38.482
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Notes to tbe Accounts Continued for the Year Ended 31 October 2025 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2025 Total 2024 Shop and Cafe Sales 13,71S 13,715 15,173 OTHER TRADING ACTIVITIES Centre Gate- Suns and Bank Holidays Cenire Gate- Wednesday Centre Gate- Monday Centre Gate- Saturday Centre Gate- Card Stall Rents 2,629 1,804 2,629 1,804 3.751 5,064 232 35 12,050 358 3,550 12,821 440 3550 12021 440 21,412 21,412 21,490 RUNNING COSTS Repai Light & Heat Rates Insurance Drainage Rates Sewage Removal Depreciation 36,734 6538 150 1,096 23 IJ02 915 36,734 6,538 150 1,096 23 IJ02 1,117 14.918 5.420 62 1,077 22 1.590 1.124 202 46,758 202 46,960 24.213 OPERATING EXPENDITURE Shop Sto¢k Stationery Other Expendilure 3.375 337 8,642 3J75 337 8,642 3,407 88 6.807 12J54 12J54 10,302
THORPE CAMP PRESERVATION GROUP LIMITED LIMITED BY GUARANTEE Notes to the Accounts Continued for the Year Ended 31 October 2025 MANAGING AND ADMINISTERtNG THE CHARITY'S ACTIVITIES+ Unrestricted Funds Restricted Funds Total 2025 Total 2024 Accountancy Telcphone Credit Card Fees Advertising lJ92 lJ92 60 343 367 1,278 120 692 343 367 2,162 2,162 2,090 FIXED ASSETS Im rovements To Pro Dis la Stands Total 2024 Cost At l November 2024 Additions 93J96 3225 7,022 100,618 3,225 At 31 October 2025 96,821 7,022 103.843 DepreciAtjOD At l November 2024 Charge for year 4,795 915 5,408 202 10,20J 1,117 Ai 31 October 2025 5,710 5,610 IlJ20 Net Book Value 31 October 2025 91,111 1,412 92,523 Net Book Value 31 Ociober 2024 88,801 1,614 90,415 10-
THORPE CAMP PRESF.RVATION GROUP LIMrrED LIMITED BY GUARANTEE Notes to the Aeeounts Continued for the Year Ended 31 Oetober 2025 DEBTORS: DUE WITHIN OP4E YEAR 2025 2024 Prepayments 601 592 10. CREDITORS. AMOUNTS FALLING DUE WITHIN OTrIE YEAR ACCnlS 2J92 1.278 11. FUNDS OF THE CHARITY (4) The restricted capital funds are to be utilised to replace fixed assets and maintain the educational equipment and assets in a suitable condition. (b) Unrestricted funds represent the accumulated revenue of the charity. (c) Analysis of net assets between funds: Unrestricted Funds Restricted Ca ital Funds Totsl Tangible fixed assets Nei current assets 91,111 71513 1,412 2,478 92,523 73,991 162,624 3090 166,514 12. SHARE CAprrAL The eoTnpanv is incorporated under the Companies Act as a Guarantee company. No share capital has been issued. In the event of the company's winding up each member may be required to contribute an amount not exceeding £1 as a contribution towards the debts and liabilities of the oompany.