
## **Trustees’ Annual Report for the period** 

## **From: 01 April 2024   To: 31 March 2025** 

## **Charity name: Panavia Tornado Preservation Group (PTPG)** 

## **Charity registration number: 1163207** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|• To advance the education of the public in<br>the operational / engineering aspects of the<br>Panavia Tornado aircraft and its place in<br>UK aviation history through the provision of<br>a museum for its display and to exhibit<br>documents, items, artifacts and other<br>materials related to the Tornado; and<br>• To preserve and protect the Panavia<br>Tornado aircraft for the benefit of the<br>public.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|Collecting and preserving articles related to<br>the Panavia Tornado aircraft for future<br>public display and education.<br>Restoring Tornado GR.1P ZA326 to<br>operating condition for the benefit of the<br>public.|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|We confirm the trustees have had regard to<br>the Charity Commission’s guidance on<br>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<br>does not make grants|
|Policy on social investment<br>including program related<br>investment|Para 1.38|The Panavia Tornado Preservation Group<br>does not contribute to social investment|
|||The Panavia Tornado Preservation Group<br>relies entirely on its core of volunteers to|





|Contribution made by<br>volunteers|Para 1.38|operate. Their contribution to the ongoing<br>success of the charity has been<br>outstanding through this year.|
|---|---|---|
|Other|||



## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|A reasonably quiet year for the charity.<br>Some work has continued to preserve and<br>restore Tornado ZA326, and a range of<br>material has been shared online to educate<br>and inform the public about the history of<br>the aircraft.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

||||
|---|---|---|
|Achievements against<br>objectives set|Para 1.41||
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41||
|Investment performance<br>against objectives|Para 1.41||
|Other|||





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|At the end of the FY the charity has £3608<br>cash at bank, an increase of £507 over last<br>year.|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|The charity does not hold any reserve<br>funding|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero<br>reserves|Para 1.22|N/A|
|Details of fund materially in<br>deficit|Para 1.24|N/A|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|N/A|



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|CIO|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>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<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>parties|Para 1.51||
|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<br>St Athan<br>Vale of Glamorgan<br>CF62 4QN|
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**Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year**|**Name of person (or body) entitled**<br>**to appoint trustee(if any)**|
|---|---|---|---|---|
||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** 25/09/2025 

