## **Trustees Annual Report for the period**
||Period start date|Period start date|Period start date||Period end date|Period end date||
|---|---|---|---|---|---|---|---|
|**From**|**01**|**June**|**2021**|**To**|**31**|**May**|**2022**|
## Section A Reference and administration details
> **Charity name** Hawker Typhoon Preservation Group
**Other names charity is known by** HTPG **Registered charity number (if any)** 1167143
|**Charity's principal address**|
Unit 24|
Unit 24|
|---|---|---|
||Star Road Trading Estate||
||Star Road||
||Partridge Green||
||West Sussex||
||**Postcode**|**RH13 8RA**|
**Names of the charity trustees who manage the charity**
|1
2
3
4|**Trustee name**|**Office**|||
|---|---|---|---|---|
||Sam Worthington-Leese|Membership
Secretary& Trustee|||
||Richard Spreckley|Trustee|Resigned 23 Jan 2023||
||Alex Davies|Trustee|||
||David Hands|Trustee|Appointed 23 Jan 2023||
Page 1
June 2021 - May 2022
**Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
- (eg. trust deed, constitution)
> [Constitution Adopted on 17][th][ May 2016 ]
How the charity is constituted
- (eg. trust, association, company)
> [Incorporated Organisation ]
Trustee selection methods
- (eg. appointed by, elected by)
Appointed by current Trustees when required
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees consideration of major risks and the system and procedures to manage them.
Having regard to the CIO’s organisation and activities, it is the view of the Trustees that the major risks to which the CIO may be exposed are largely financial and regulatory in nature. Systems of internal control provide reasonable assurance against loss and exposure to regulations and they include:
1. Regular review of the financial position of the charity
2. Segregation of duties between Trustees
3. Procedures for the authorisation of all transactions
4. Identification and management of regulation changes
- The trustees continue to be vigilant and to keep the financial position of the charity under review to ensure that the major risks, to which the charity is exposed, are mitigated.
The Trustees have created posts within the CIO and appointed volunteers to be vigilant and to review any changes in regulations which may affect the CIO activities.
## **Section C Objectives and activities**
1. To preserve and protect a Napier Sabre powered Hawker Typhoon MkIb aircraft and return her to full working order for the benefit of the public and to demonstrate and display her to the public; and
**Summary of the objects of the charity set out in its governing document**
2. To advance the education of the public in Hawker Typhoon aircraft and their crews for the benefit of British Heritage, remembrance and historical knowledge and in particular:
- a. Its associated provenance and historical context; b. Its aviation and engineering heritage, c. Its significant heritage interest,
- d. Its operational and maintenance procedures and processes
- e. Its design, engineering and technologies
Page 2
June 2021 - May 2022
In planning all the charity activities for the year 2021-2022 we have continued to reference the Charity Commission’s guidance on public benefit at Trustee meetings.
**Summary of the main** The full focus of activities during the year has been to continue **activities undertaken for** to advance the education of the public in the Hawker Typhoon **the public benefit in** aircraft and their crews, to preserve and protect the project **relation to these objects** airframe (serial number RB396) and to raise funds towards the **(include within this section** first stages of rebuild. We have committed to maintain a **the statutory declaration** presence at as many public events that our trustee and **that trustees have had** volunteer base will allow and continue a much larger footprint at **regard to the guidance** major air shows in the UK which will enable us to grow the **issued by the Charity** volunteer and supporter base. **Commission on public benefit)** Within the time this return covers the trust has held a Black Tie
Within the time this return covers the trust has held a Black Tie fundraiser and also helped one of the last Typhoon pilots, Bernard Gardiner, to celebrate his 100[th] birthday at the RAF Club in London.
## **Additional details of objectives and activities (Optional information)**
Supporters of the charity have continued to make a significant contribution towards the objectives. They volunteer their time to You **may choose** to include help (some as post holders) which include maintaining the further statements, where organisation’s headquarters, manage the shop, host events, relevant, about: attend public events (on behalf of the charity) and attend ● policy on grant making; organised presentations to further the objectives. Without their valuable contribution of time, energy, enthusiasm, expertise and ● policy programme related on occasions a financial contribution, the project would not have investment; been able to achieve the exposure to the public that has been ● contribution made by continued this year.
- contribution made by volunteers.
The trustees wish to place on record our thanks for all the supporter volunteers for their help and their continued support.
## Section D Achievements and performance
**Summary of the main** Trustees and project team assessed the continual impact of COVID-19 **achievements of the charity** on their fundraising abilities and despite a strong performance have **during the year** elected to pause the rebuild to preserve cash. ARCo at Duxford continue to work on small parts as their time allows.
Annual Supporters’ Club renewal window opens at the end of October, however, the annual Supporters’ day was again cancelled due to Covid19 rules.
The day prior to the members’ day was the charity’s AGM, led predominantly by Sam Worthington-Leese, trustee.
With the factor facing the trust that the base at Uckfield was to be closed, a new location was sought for the housing of parts and shop stock, the majority of large parts have been sourced a home at Duxford, and the last part of the 21/22 was spent emptying the Uckfield unit and returning it to landlord’s specifications.
Page 3
June 2021 - May 2022
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
It is the policy of the Trustees to maintain the general unrestricted funds at a level to provide sufficient reserves to meet the future anticipated demands on the charities resources.
Having regard to the likely levels of incoming resources and direct charitable expenditure, the Trustees are satisfied that the funds held at 31[st] May 2022 as reflected in the balance sheet are available and adequate for the Trustees to fulfil the obligations of the Charity and maintain its operations. Freely available funds held at 31[st] May 2022 were £54,954.
**Details of any funds materially in deficit**
Not Applicable
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
The project will continue to raise funds and will conduct a review of best practises for this. Advice and guidance has been sought from other similar projects, regarding large scale fundraising. Small events and merchandise will continue to play a part, but in a lesser role. Whereas specific fundraising targeted towards HNW individuals, companies, or those with familial links to the Typhoon will be explored.
Due to the pandemic, 2020/21 and the current Cost of Living crisis, the above advice and guidance has been sought, by the trustees, to allow the project to continue to raise the funds required. Early indications are that the refocus of activities, although yet to fully bed in, has been successful.
The Trustees will continue to authorise investment in any activities that will promote the charity’s objectives and increase the public awareness of the aircraft, crews and project whilst adhering to our reserves policy.
Page 4
June 2021 - May 2022
## **Section F Other optional information**
## **Plans for 2022-2023**
A review of current and planned fundraising activities is underway. Large scale investment is sought and one of the trustees (Sam Worthington-Leese) is seeking the advice and guidance required through his contact network, in order to facilitate this.
When able, the rebuild will be recommenced. This will be dependent on a larger than normal cash reserve being held, due to the cost of living crisis.
## **Section G Declaration**
**The trustees declare that they have approved the trustees report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Sam Worthington-Leese **Position (e.g. Secretary, Chair, etc.)**[Trustee ] **Date** 21 March 2023
Page 5
June 2021 - May 2022
|Charity Name
**Hawker Typhoon Preservation Group**|Charity Name
**Hawker Typhoon Preservation Group**|Charity Name
**Hawker Typhoon Preservation Group**|No (if any)
**1167143**||CC16a|
|---|---|---|---|---|---|
|**Receipts and Payments**
**Accounts**||||||
|**For the period**|Period start date
01/06/2021|**To**|Period end date
31/05/2022|||
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
37,711
81,323
23,819
12,392
8,055
11,065
-
4,555
**178,920**|**Restricted**
**funds**
**to the nearest**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total**
**funds**
**to the**
**nearest £**
**37,711**
**81,323**
**23,819**
**12,392**
**8,055**
**11,065**
**-**
**4,555**
**178,920**|**Last year**
**to the nearest**
**£**|
|---|---|---|---|---|---|
|Merchandise Sales|37,711|**-**|**-**|**37,711**|106,887|
|Membership/ Platinum
subscriptions|81,323|**-**|**-**|**81,323**|124,526|
|Events|23,819|**-**|**-**|**23,819**|200|
|Donations|12,392|**-**|**-**|**12,392**|26,427|
|Crowdfunder initiative|8,055|**-**|**-**|**8,055**|-|
|Gift aid|11,065|**-**|**-**|**11,065**|35,085|
|Raffles|-|**-**|**-**|**-**|2,342|
|Other income|4,555|**-**|**-**|**4,555**|560|
|||||||
|**_Sub total_**_(Gross income for_
_AR)_|**178,920**|**-**|**-**|**178,920**|**296,027**|
**A2 Asset and investment sales, (see table)**
|**sales,**|**(see**|**table)**||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|None|||**-**||**-**||**-**||**-**||**-**|
|||**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||||
|||**_Total receipts_**|**178,920**||**-**||**-**||**178,920**||**296,027**|
Page 6
June 2021 - May 2022
## **A3 Payments**
|Restoration work|163,465||**-**||**-**||**163,465**||117,487|
|---|---|---|---|---|---|---|---|---|---|
|Events|43,762||**-**||**-**||**43,762**||575|
|Administration|29,694||**-**||**-**||**29,694**||14,038|
|Office (unit)|22,767||**-**||**-**||**22,767**||27,308|
|Office (Move)|3,007||**-**||**-**||**3,007**||-|
|Shop expenses|9,095||**-**||**-**||**9,095**||12,797|
|Advertising|1,050||**-**||**-**||**1,050**||5,940|
|AGM – Meeting cost|235||**-**||**-**||**235**||6,818|
|Sundry expenses|216||**-**||**-**||**216**||50|
|Other project expenses|-||**-**||**-**||-||7,945|
|||||||||||
|**_Sub total_**|**273,291**||**-**||**-**||**273,291**||**192,958**|
|**A4 Asset and investment**
**purchases, (see table)**|-
**-**
**273,291**|-
**-**
**273,291**|**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
|**-**
**-**
|-
**-**
**273,291**|-
**-**
**273,291**||
|---|---|---|---|---|---|---|---|---|---|
|Project Parts|-||||||||10,083|
|**_Sub total_**|**-**||||||||**10,083**|
|**_Total payments_**
**_Net receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||||||
||||||||||**203,041**|
|||||||||||
||(94,371)||-||**-**||**(94,371)**||**92,986**|
||**-**||**-**||**-**||**-**||**-**|
||149,325||**-**||**-**||**149,325**||56,339|
||**54,954**||**-**||**-**||**54,954**||**149,325**|
|||||||||||
Page 7
June 2021 - May 2022
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**
Cash at Bank
**_Total cash funds_**
(agree balances with receipts and
payments account(s))
**Details**
**Details**
None
**Details**
Event Equipment
Engineering Drawings
Project parts
Aircraft Structure
Aircraft restoration costs
Total|**Unrestricted**
**funds**
**to nearest £**
54,954
**54,954**
OK
Unrestricted
Unrestricted
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
Unrestricted
Unrestricted
Unrestricted
Unrestricted
Unrestricted|**Restricted**
**funds**
**to nearest £**
**-**
**-**
OK
**-**
**-**
**Cost**
**(optional)**
**-**
**Cost**
**(optional)**
6,000
10,000
82,291
150,000
418,382
666,673|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||OK|
||||||
||||||
||||||
|||||**Current value**
**(optional)**|
|||||**-**|
|||||**Current value**
**(optional)**|
||Event Equipment|Unrestricted|6,000|**-**|
||Engineering Drawings|Unrestricted|10,000|**-**|
||Project parts|Unrestricted|82,291|**-**|
||Aircraft Structure|Unrestricted|150,000|**-**|
||Aircraft restoration costs|Unrestricted|418,382|**-**|
||Total||666,673||
|**B5 Liabilities**
Signed on behalf of all the
trustees|**Details**
**Sam Worthington-Leese**|**Fund to which**
**liability relates**|**Amount due**
**(optional)**|**When due**
**(optional)**|
|---|---|---|---|---|
|||||**-**|
||||||
||||||
|||||21 March 2023|
||||||
||**Sam Worthington-Leese**|**Trustee**||**Date**|
Page 8
June 2021 - May 2022
**Independent Examiner’s Report**
## **Report to the trustees of**
The Hawker Typhoon Preservation Group Charity number 1167143
## **On the accounts for the year ended**
31[st] May 2022
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] May 2022 set out on pages 6 to 8.
## **Responsibilities and basis of the report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Signed**
……………………. **Colin Barker FCA**
**Date**
21 March 2023 ………………….
**146 New London Road Chelmsford Essex CM2 0AW**
Page 9
June 2021 - May 2022