2021-03-31-accounts

				Unrestricted	Restricted	TOTAL
				Funds	Funds	2021	2020
			Notes		f		F
INCOMING RESOURCES			3
Charitable Activities				44,684		44,684	120,669
Other Trading				5,080		5,080	12,006
Grants and Donations				7,920	9,588	17,508	16,071
Investments				97		97	195
Other
Total				57,781	9,588	67,369	148,941
RESOURCES EXPENDED
Raising Funds							1,413
Charitable Activities				50,953		50,953	102,136
Management and administration				14,552		14,552	21,442
Other
Total				65,504		65,504	124,991
NET INCOME				(7,724)	9,588	1,864	23,950
Transfers between	funds			9,588	(9,588)
Other recognised	gains/(losses)						263
NET MOVEMENT	IN	FUNDS		1,864		1,864	24,213
RECONCILIATION	OF FUNDS
Total Funds brought		forward		126,825		126,825	102,612
TOTAL FUNDS CARRIED FORWARD				128,689		128,689	126,825

		Unrestricted	Unrestricted	Restricted	TOTAL
	Notes		Funds	Funds E	2021 F	2020f
FIXEDASSETS
Tangible assets	2		62,666		62,666	43,722
CURRENT ASSETS
Stock - fuel			6,587		6,587	7,988
Debtors
Prepayments
Bank			72,409		72,409	93,981
			78,996		78,996	101,969
CREDITORS: amounts	falling due within one year		12,972		12,972	18,864
NET CURRENT ASSETS			66,025		66,025	83,105
TOTAL ASSETS			128,690		128,690	126,827
CREDITORS: amounts	falling due in more than	one	year
NET ASSETS			128,690		128,690	126,827
RESERVES
Operational reserve			12,000		12,000	12,000
Engine replacement			26,113		26,113	24,250
Instructor bursaries			4,200		4,200	10,500
Relocation cost			5,058		5,058	12,000
General reserve			81,318		81,318	68,077
			128,689		128,689	126,827

							Plant &
						Buildings	Equipment	TOTAL
		Cost					F
		At 1 April 2020				40,940	25,910	66,850
		Additions				19,500		19,500
		Disposals
						60,440	25,910	86,350
		Depreciation
		At 1 April 2020					23,128	23,128
		Disposals
		Charge for year					556	556
							23,684	23,684
		NET BOOK VALUE
		At 31 March 2021				60,440	2,226	62,666
		At 31 March 2020				40,940	2,782	43,722
3.	ANALYSIS OF INCOME
					Unrestricted	Restricted	TOTAL
					Funds	Funds	2021	2020
						E	E	F
	a)	Charitable Activities
		Flying/instruction	fees		29,894		29,894	100,002
		Exam fees			580		580	3,687
		Subscriptions			14,210		14,210	16,980
					44,684		44,684	120,669
	b)	Trading
		Sales —fuel and	oil		4,546		4,546	8,956
		Other			534		534	3,050
					5,080		5,080	12,006
	c)	Grants and Donations
		RAF Charitable	Trust- Scampton	hangar		9,588	9,588
		RAF SAIRAF SF						7,260
		Gift-Aid receipts			3,449		3,449	3,636
		Closed Member	Accounts		4,471		4,471	5,175
					7,920	9,588	17,508	16,071
	d)	Investments
		Bank interest			97		97	195
	TOTAL INCOMING		RESOURCES		57,781	9,588	67,369	148,941

4.	ANALYSIS OF EXPENDITURE	ANALYSIS OF EXPENDITURE
				Unrestricted	Restricted	TOTAL
				Funds	Funds	2021	2020
					F		F
	a)	Raising Funds
		Functions					1,413
	b)	Charitable Activities
		Fuels		11,273		11,273	29,452
		Aircraft Hire		7,871		7,871	13,797
		Aircraft maintenance		4,594		4,594	24,579
		Insurance		6,458		6,458	6,013
		Instruction costs		5,319		5,319	23,005
		Training		6,300		6,300
		Hangar relocation costs		6,942		6,942
		Other direct costs		1,640		1,640	4,594
		Depreciation		556		556	696
				50,953		50,953	102,136
	c)	Management and Administration
		Manager		6,859		6,859	8,567
		Sundry admin exps		481		481	664
		Cleaning 8 maint		1,979		1,979	2,985
		IT, software		1,272		1,272	1,113
		Telephone, internet etc		1,635		1,635	1,906
		Travel 8 sub		574		574	1,301
		Professional and consultancy					922
		Independent Examiner Fee		787		787	1,092
		Insurance		203		203	203
		RAFSA Subscription					1,290
		Bank charges		761		761	1,399
				14,552		14,552	21,442
	TOTAL RESOURCES EXPENDED			65,504		65,504	124,991
5.	CASH AT BANK AND IN HAND
				Unrestricted	Restricted	TOTAL
				Funds P	Funds	2021	2020f
		HSBC Current		10,838		10,838	20,123
		Reserve		25,394		25,394	29,298
		Bond		10,000		10,000	20,000
		Engine replacement	fund	26,113		26,113	9,147
		Cash		64		64	310
				72,409		72,409	78,878

				Unrestricted	Restricted	TOTAL
				Funds	Funds	2021	2020
					F		E
Creditors				117		117
Accruals				750		750	560
Payments	received	in	advance	12,105		12,105	18,304
				12,972		12,972	18,864

EMENT	ON RESERVES
		Operational	Project	Engine	General	TOTAL
		Reserve	Reserves	Replacement	Reserve
				P
Balance	at 1 April 2019	12,000	22,500	15,103	53,009	102,612
Transfers	to/(from)			9,147	(9,147)
Surplus for year					24,213	24,213
Balance	at 1 April 2020	12,000	22,500	24,250	68,075	126,825
Transfers	to/(from)		(13,242)	1,863	11,379
Surplus for year					1,864	1,864
Balance	at 31 March 2021	12,000	9,258	26,113	81,318	128,689