Trustees Annual Report for the period Period start date Period end date From 01 June 2023 To 31 May 2024
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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 Star Road Trading Estate
Star Road,
Partridge Green , West Sussex
Postcode RH13 8RA
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Names of the charity trustees who manage the charity
Name of
person (or
Dates acted if not for body) entitled
Trustee name Office (if any)
whole year to appoint
trustee (if
any)
Sam Worthington- Project Director
1
Leese & Trustee
Mark Charles John Trustee
2
McMurrugh
Andrew John Trustee
3
Sheridan
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Section B Structure, governance and management
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Description of the charity’s trusts
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Type of governing document (eg. trust deed, constitution)[Constitution Adopted on 17][th][ May 2016]
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How the charity is constituted (eg. trust, association, company)[Incorporated Organisation]
Trustee selection methods Appointed by current Trustees when required (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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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:
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Regular review of the financial position of the charity 2. Segregation of duties between Trustees
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Procedures for the authorisation of all transactions
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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
Summary of the objects of the charity set out in its governing document
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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
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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:
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a. Its associated provenance and historical context; b. Its aviation and engineering heritage,
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c. Its significant heritage interest, d. Its operational and maintenance procedures and processes
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e. Its design, engineering and technologies
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Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
In planning all the charity activities for the year 2023-2024 we have continued to reference the Charity Commission’s guidance on public benefit at Trustee meetings.
The full focus of activities during the year has been to continue to advance the education of the public in the Hawker Typhoon aircraft and their crews, to preserve and protect the project airframe (serial number RB396) and to raise funds towards the first stages of rebuild.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grant making;
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policy programme related investment;
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contribution made by volunteers.
Some supporters of the charity have continued to make a significant contribution towards the objectives of the team. They volunteer their time to help (some as post holders) which include maintaining the organisation’s headquarters, manage the shop, host events, attend public events (on behalf of the charity) and attend organised presentations to further the objectives. Without their valuable contribution of time, energy, enthusiasm, expertise and on occasions a financial contribution, the project would not have been able to achieve the exposure to the public that has been continued this year.
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 The Project were able to continue their focus on fundraising and also to achievements of the charity resume the rebuild of RB396 at Airframe Assemblies. during the year
The team have continued to focus on sourcing major donors, while not forgetting the grassroot supporter who keep the charity afloat.
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Section E Financial review
Brief statement of the It is the policy of the Team to maintain the general unrestricted funds at a charity’s policy on reserves 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 2024 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 2024 were £104,668
Details of any funds materially Not Applicable in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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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.
The Trustees recognise that the Cost of Living crisis, has had an effect on shorter term fundraising, but they continue to seek the advice and guidance to allow the project to continue to raise the funds required. 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.
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Section F Other optional information ~~ee~~
Plans for 2024-2025
A review of current and planned fundraising activities is underway. Large scale investment is sought and the project director continues in seeking the advice and guidance required through his contact network, in order to facilitate this.
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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 ~~ee~~ Position (e.g. Secretary, Chair, etc.)[Director & Trustee ] Date 17/02/2025 ~~= ee es~~
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Charity Name No (if any) Hawker Typhoon Preservation Group 1167143 Receipts and Payments Accounts CC16a Period start date Period end date For the period To ~~ae~~ 01/06/2023 31/05/2024 Section A Receipts and payments Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest to the nearest to the nearest £ to the to the nearest £ £ nearest £ £ A1 Receipts Merchandise Sales - 11,019 922 11,019 Supporter subscriptions - 132,955 99,483 132,955 Events - 9,544 245 9,544 Donations - 70,393 6,433 70,393 Crowdfunder initiative - - 3,519 Gift Aid - 5,844 5,844 Other Income - 35 247 35 - - - - Sub total (Gross income for 229,790 - - 229,790 110,849 ~~mane:~~ AR) A2 Asset and investment sales, (see table)
| A2 Asset and investment sales,les,es, (see table)le)e) |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| None | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts | 229,790 | - | - | 229,790 | 110,849 |
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A3 Payments
| Events | 19,029 | - | - | 19,029 | 33,831 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Office (Unit) | 2,890 | - | - | 2,890 | 11,128 | ||||
| Office (Move) | - | - | - | - | 26,317 | ||||
| AGM Meeting Costs | - | - | - | - | 1,161 | ||||
| Merchandise (Shop) | 2,309 | - | - | 2,309 | 1,750 | ||||
| Merchandise Postage (Shop) | 1,949 | - | - | 1,949 | 1,143 | ||||
| Memberships | 650 | - | - | 650 | 62 | ||||
| Donations | 1,200 | - | - | 1,200 | - | ||||
| Admin | 15,950 | - | - | 15,950 | 14,111 | ||||
| Expenses | 2,178 | - | - | 2,178 | 2,672 | ||||
| Restoration work | 138,610 | - | - | 138,610 | 6,410 | ||||
| Sub total | 184,765 | - | - | 184,765 | 98,585 |
A4 Asset and investment purchases, (see table)
Project Parts 1,854 - 1,854 5,721 Sub total 1,854 - - 1,854 5,721 Total payments 186,619 - - 186,619 104,306 Net of receipts/(payments) 43,171 - - 43,171 6,543 A5 Transfers between funds - - - - - A6 Cash funds last year end 61,497 - 61,497 54,954 Cash funds this year end 104,668 - - 104,668 61,497 ~~=====~~ Page 7
Section B Statement of assets and liabilities at the end of the period ~~a~~
| Unrestricted | Restricted | Endowment | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| Categories B1 Cash funds |
Details to nearest £ to nearest £ to nearest £ Cash at Bank 104,668 - - Total cash funds 104,668 - - ~~ESS~~ |
||||||
| (agree balances with receipts and payments account(s)) |
OK | OK | OK | ||||
| Details | |||||||
| B2 Other monetary assets | None - None - Fund to which ~~SES ESE~~ |
- - - - Cost Current value ~~ESE~~ |
|||||
| Details | asset belongs | (optional) | (optional) | ||||
| B3 Investment assets | None | - | - | - | |||
| Fund to which | Cost | Current value | |||||
| Details | asset belongs | (optional) | (optional) | ||||
| B4 Assets retained for the charity's own use |
Event Equipment | Unrestricted | 6,000 | - | |||
| Engineering Drawings | Unrestricted | 10,000 | - | ||||
| Project parts | Unrestricted | 89,866 | - | ||||
| Aircraft Structure | Unrestricted | 150,000 | - | ||||
| Aircraft restoration | Unrestricted | 563,402 | - | ||||
| Total | 819,268 |
Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities - ~~"JESES E=~~ Signed on behalf of all the 17/02/2025 trustees Sam Worthington-Leese Trustee Date ~~Seeee |~~ Page 8
Independent Examiner’s Report
Report to the trustees of
The Hawker Typhoon Preservation Group Charity number 1167143
I report to the trustees on my examination of the accounts of the charity for the year ended 31[st] May 2024 which 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 2011 Act. 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. The procedures undertaken do not constitute an audit.
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:
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the accounting records were not kept in accordance with section 130 of the Act; or
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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
Date
24 February 2025
………………………
Alex Stone FCCA
Edmund Carr LLP 146 New London Road Chelmsford Essex CM2 0AW
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