**Trustees Annual Report for the period** Period start date Period end date **From** 01 June 2023 **To** 31 May 2024 **----- Start of picture text -----**
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
=
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
Page 1
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## **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 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: - 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** **Summary of the objects of the charity set out in its governing document** 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 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 **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: - policy on grant making; - policy programme related investment; - 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. Page 3 ## **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: - 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. 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. Page 4 **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. ~~|~~ ## **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~~ Page 5 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**| Page 6 ## **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: - 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** ## **Date** 24 February 2025 ……………………… ## **Alex Stone FCCA** ## **Edmund Carr LLP 146 New London Road Chelmsford Essex CM2 0AW** Page 9