## **Trustees’ Annual Report for the period**
## **From: 01 April 2023 To: 31 March 2024**
## **Charity name: Panavia Tornado Preservation Group (PTPG)**
## **Charity registration number: 1163207**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|• To advance the education of the public in
the operational / engineering aspects of the
Panavia Tornado aircraft and its place in
UK aviation history through the provision of
a museum for its display and to exhibit
documents, items, artifacts and other
materials related to the Tornado; and
• To preserve and protect the Panavia
Tornado aircraft for the benefit of the
public.|
|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|Collecting and preserving articles related to
the Panavia Tornado aircraft for future
public display and education.
Restoring Tornado GR.1P ZA326 to
operating condition for the benefit of the
public.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|We confirm the trustees have had regard to
the Charity Commission’s guidance on
public benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|The Panavia Tornado Preservation Group
does not make grants|
|Policy on social investment
including program related
investment|Para 1.38|The Panavia Tornado Preservation Group
does not contribute to social investment|
|||The Panavia Tornado Preservation Group
relies entirely on its core of volunteers to|
|Contribution made by
volunteers|Para 1.38|operate. Their contribution to the ongoing
success of the charity has been
outstanding through this year.|
|---|---|---|
|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|A reasonably quiet year for the charity.
Some work has continued to preserve and
restore Tornado ZA326, and a range of
material has been shared online to educate
and inform the public about the history of
the aircraft.|
## **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||
|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 FY the charity has £3101
cash at bank, an decrease of £746 over
last year.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity does not hold any reserve
funding|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
## **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||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|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|Appointed by the existing trustees|
## **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|Panavia Tornado Preservation Group|
|---|---|
|Other name the charity uses|PTPG|
|Registered charity number|1163207|
|Charity’s principal address|Hangar 872, Aerospace Business Park
St Athan
Vale of Glamorgan
CF62 4QN|
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## **Names of the charity trustees who manage the charity**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Elliott Atkins|Chair|||
||Robert Swanson|Trustee|||
||Michael Holland|Trustee|||
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## – 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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)** Elliott Thomas Atkins Robert David Leonard Swanson **Position (eg** Chair Trustee **Secretary, Chair, etc**
**Date** 19/11/2024