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2022-03-31-accounts

Charity number.. 1159587 Aeropark Heritage Aircraft Collection Accounts 31 March 2022

2022
9
2021f
Income 109,379 2,686
Direct costs 18,050 260
Gross profit 91,329 2,426
Expenses
Vehicle and transport costs 3,661 4,591
Rent, rates, power and insurance costs 543
Repairs, maintenance and security 19,229 19,614
Office costs 5,897 3,162
Finance charges 1,247 434
Accountancy, legal and other professional fees 460 9,210
Depreciation and loss/(profit) on sale 14,613 10,738
Other business expenses 849 54
46,499 47,803
Profit/(loss) 44,5377 ~5,3 7

Notes Notes 2022 2021
6
Fixed assets
Equipment,
machinery
and motor vehicles 3 42,000 42,952
Other fixed assets 4 193,779 73,279
235,779 116,231
Current assets
Stock and work in progress 3,951 3,951
Bank/building
soaety
balances 172,986 126,493
Cashin
hand
456 1,167
177,393 131,611
Current liabilities
Other liabilities and accruals 400 400
Net current assets 176,993 131,211
Net assets 412,772 247,442
Capital account
Balance at start ofperiod 247,442 292,819
Net profit/(loss) 44,830 (45,377)
Revaluation
reserve
120,500
412,772 247,442

Profit and loss account analysi s
2022 2021
6 6
Income
Income 109,379 2,686
Direct costs
Dit'ect costs 18,050 260
Car, van and travel expenses
Vehicle runnmg
costs
inc. hire 3,661 4,591
Rent, rates, power and insurance costs
Light and heat 543
Repairs and renewals ofproperty and equipment
Repairs, maintenance and security 19,229 19,614
Telephone,
fax, stationery
and
other office costs
Telephone,
internet snd computer
990 845
Postage and stationery 264 64
Insurance 4,643 2,253
5,897 3,162
Bank, credit card and other finance charges
Charges 1,247
Accountancy,
legal and
other professional fees
Accountants
fees
400 336
Other legal and professional 60 8,874
460 9,210
Depreciation
and loss/lprofit)
on sale
Depreciation 14,613 10,738
Other business
expenses
Sundry expenses 849 54

Vehicles and
equipmentf
Cost
At 1 April 2021 86,882
Additions 13,661
At 31 March 2022 100,543
Depreciation
At 1 April 2021 43,930
Charge for the year 14,613
At 31 March 2022 58,543
Net book value
At 31 March 2022 42,000
At 31 March 2021 42,952
4 Other Brxed assets
2022 2021
6 5
Buildings 33,779 33,779
Heritage assets 160,000 39,500
193,779 73,279
5 Capital account
Restricted funds 193,779
Unrestricted funds 218,993
412,772