Trustees Annual Report & Accounts For Period 02/01/2021 to 01/01/2022
The Aircraft Preservation Foundation Charity No. 1171725
Reference & Administration details :
Date of Registration : 21/02/2017
Principal Address : 43A West St. Bridlington, E.Yorks, YO15 3DT Trustees Who Manage The Charity :
Chair of Trustees : Mr Geremy Britton. (whole period service)
Structure Governance & Management :
Governing Document : Constitution Adopted 21/02/2017 Description of the Charity’s trusts Constitution : Charitable Incorporated Organisation Trustee Selection : Appointment / Reappointment at trustees annual meeting, 3 years service, unlimited re appointments
Additionally : A special relationship has been built with a company who deal internationally with aircraft parts, who can offer advice and assistance in locating parts for refurbishment and repair to exhibits
Objectives & Activities :
Objectives as set out in the charity governing document : To make accessible and to educate the general public about historic aircraft by the acquisition of aircraft, sections, and artifacts, and to restore and prepare them for display and loaning to appropriate museums in the U.K. who already specialise in the facilitating of our aims.
Summary of main activities undertaken for the public benefit relating to these aims :
the Cornwall Aviation Heritage Centre in Newquay, Cornwall, displays our Jet Provost exhibit, as the museum promotes open cockpit access and the museum has forged links with many local schools and colleges, which promotes greater interaction with the public than just a museum. This relationship will continue with this exhibit for at least the next year. We chose the RAF Air Defence Radar Museum, Horning, Norfolk, to display the Victor cockpit, as this is a small museum specialising in the history of radar, and the cold war. The museum offered a whole new building to display this cockpit and associated items, and this exhibit has now been relocated to the Avro Heritage Museum, near Manchester.
Achievements & Performance
Main achievements of the charity during the year :
The Aircraft Preservation Foundation currently has two major exhibits on loan and worked long term on the preparation of a Nimrod cockpit.
Jet Provost cockpit : housed at the ‘Cornwall Aviation Heritage Centre’ near Newquay, Cornwall. The museum is currently rated on Tripadvisor as the No.1 in a list of 36 ‘things to do’ in Newquay - now in the second year at this location and proving very popular.
Victor : housed at the Avro museum near Manchester,
The Nimrod cockpit refurbishment was completed during a period of Covid 19 shutdown when more volunteer time was available. this item is now also displayed in Cornwall, where another exhibit also shows a different version of the same aircraft comparing the development over time of this aircraft.
Financial Review
Policy on reserves :
Fundraising is entirely from private, and local company donations. It is the charities policy not to seek loans / overdrafts etc and only spend money already raised and secured, except in special circumstances.
Funds in deficit ; none
Declaration
The trustees declare that they have approved the trustees report above Signed on behalf of the charity’s trustees
Signed :
Name : Glyn Britton Position : Trustee Date : 28/08/2022
Independent examiners Report on the Accounts
Report to the trustees of The Aircraft Preservation Foundation On accounts for the year ending 01/01/2022
Set out on page 5
I report to the trustees on my examination of the accounts for the year ended 01/01/2022
Responsibilities and basis of report :
As the charity trustees of the trust, 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 trusts accounts carried out under s145 of the act and in carrying out my examination, I have followed the applicable directions given by the charity commission under s145(5)(B) of the act.
Independent examiners statement :
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect :
-
accounting records were not kept in accordance with section 130 of the act ; or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed :
Name : Rhys Britton Date : 28/08/2022
Address : 8 Warwick House, Warren rd. Northampton, NN5 7DJ
Receipts & Payments Accounts For the period 02/01/2021 to 01/01/2022
| Unrestricted restricted endowment total | Unrestricted restricted endowment total | Unrestricted restricted endowment total | last year |
|---|---|---|---|
| funds | funds funds funds | ||
| A1 Receipts | |||
| Donations -corporate | 300 - - 300 | 1501 | |
| Donations -private+C 1000 - - 1000 | 2600 | ||
| Sub totals | 1300 - - 1300 | 4101 | |
| A2 Asset sales | - - - - | - | |
| A3 Payments | |||
| Relocating exhibits | - - - - | 1200 | |
| Refurb/finance costs | 1298 - - - | 3036 | |
| A4 Asset purchases | - - - - | - | |
| T | 1298 | 4236 | |
| Net of r | (-135) | ||
| A5 Transfer of funds | - - - - | - | |
| Funds from last year | 4 | 141 | |
| Funds this year |
6 | 4 | |
| Section B Statement of assets & liabilities for period | |||
| B1 Cash funds | |||
| -Cash at bank | 6 - - 6 | 4 | |
| B2 Other assets | - - - - | - | |
| B3 Investment assets | - - - - | - | |
| B4 Assets retained for | - - - - | - | |
| charity use | 6 - 6 | 4 | |
| B5 Liabilities 2358 - - - | - |
Signed on behalf G. Britton
Position : Trustee Date : 28/08/2022