CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 April 2020 To 31 March 2021 Charity name: Ayre to Air Charity registration number". 1174164 Objectives and Activities SORP refeFence Para 1.17 Summary of the purposes of the charity as set out in its governing document Tha organisation's purpose is the promotion of efficiency in the Arn)ed Forces of the Crown by the provislon of suppor( facllities and activities for the effi¢lency and wgllbeing of Service Personnel The aim of the Ayre to Air CIO is to build, malntain and operate a Pltts S2AE aircraft that was bequeath•d by the family of the late Sgt Anthony Ayre such that S•rvice Personnel and qualitylng civilians may be afforded an opportunity to experlen¢e aerobatic flight at minimum personal cost. As a non-profit maklng organisatlon, supported by volunteer members of the RAF Sport Aircraft Associatlon (RAFSAI, the maintènanc• and operating ¢OSts are kept to the very mlnlmum, thus maklng the actlvity of aerobatie flylng accessible to thosg who would otherwlse be unable to participate. Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projecls or services identified in the accounts. Para 1.17 and 1.19 Aerobatl¢ Flying Is a physicalty and mentally demanding activity that undoubtedly "stretches" tho individual. leading to slgnificant personal and professional flying developmenL Taklng It onè stèp further and •ntoring an aerobatlc competitlon brings wlth it the immeasurable benefits associated with sporting activity and competition. In turn, these benefits further enhance the indivlduals, conlribution to the efficiency of tho defen¢e of the UK. Statement confimiing whelher the trustees have had regard to the guidance issued b the Charit P8ro 1.18 The guidance issued by th• Charity Commission on public benefitwas used to assist the Trustees with the anrsation's lannin of activitles Commission on public benefrt during 'virtual' onliné meetings held durin th• rè ortin ear. Addttlonal infomiation {optional) You ma choose to include further statement5 where relevant about: SORP reference Para 1.38 Policy on grant making P8ra 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other Achievements and Perfonnance SORP reference The main aroas of achiovoment during the reporting period fall within the following 3 areas: Summary ofthe main achievements of the charity, idenlifying the difference the charity's work has made to the circumStan￿S of its beneficiari8s and any wider benefits to society as a whole. P8ra 1.20 Aircraft Build: The Spirit of Ayre was bequeathed as a part-finished self-build projeeL Using tha skill sets of voluntoors drawn from the RAF Sport Aircraft Association {RAFSA) and external 'frlends ol the proj•ct', significant progress wa5 made to complete the aircraft in Fob 2020. A pemiit to fly was subsequently granted by the Light Aircraft Association (LAA). However. th¢ Covld 19 p•nd¢mlG and national lockdown moant that test flying activity was delayed. The CAA kindly granted the Charity an exemption from national flying restrictions, allowing the first flight to be undertaken from RAF Waddington on 7 May 2020. Tho aircraft flew beautifully and the full test Schedule achleved wlthln 6 weeks, SourGin and Raisin Finance: Completing the build and achieving flrst htde letèd the Chari 's limited funds. Further, a Contributor wlthdrew their pledge of a monthly donation as the finan¢ial climate of Covld 19 was not conduclve to such pledges. Given the lack of funds, the rostrictions on flying and the requlrement to remain Covid- secure, the Trustees agreed not to undertake further activities; the aircraft was hangered at RAF Waddington w6th minimal maintenance work efforts scheduled as and Wh￿ allowod. Promotlon & En emont: The profile of the Spirit of Ayre organisation continued to be raised through the publication of storyboards, brochur•s, reports and the RAFSA website. Additional inforniatlon {optlonal) You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 performan￿ of fundraising activities against objectives set Para 1.41 Investment perfomiance against objectives Para 1.41 Other Flnancial Review Review of the charity's financial position at the end of the period Para 1.21 At the end of the period, the Charlty had recorded a not loss of £1470. The Ilmlted funds had been depleted in the final drive to comploto tho aircraft build. The impact of Covld 19 meant that tho aircraft could not be operated as planned but rixed costs such as insuranGe and malntenance were stlll licable. Statement explaining the policy for holding reserves statin wh the are held Amount of reserves held Reasons for holding zero reserves Dalails of fund materially in deficit Explanation of any Un￿rtaIntieS about the charity continuing as a going conGem Par8 1.22 Para 1.22 Nil The Charity does not hold sufficient funds to be able to allocate a reservè. Para 1.22 Para 1.24 Para 1.23 Additional information loptional) You ma choose to include further statements where relevant about: The charity's principal sources of funds {including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 1.2S Constitution How is the charity constituted? ,'e.g unincorporated Para 1.25 cio Trustee selection methods including details of any constitutional provisions e_g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Appointed by the Chainnan in Consultation with the Trustees. Additional infom)ation (optional) You ma choose to include further ststements where relevant aboLrt'. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charily's organisalional structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1_51 Other Reference and Administrative detalls Charit name Other name the charit uses Re istered charit number Charity's principal address A retoAir 1174164 CIO RAF Waddington Flying School RAF Waddington Lincs LN5 9WA Names of the charfty trustees who manage the charity Tru5ts9 nam• Dates a¢tsd if not for who Office lif any) Name of person lor body) ontiti oint trustee rfan Alistair James Seymour Gary Paul Coleman Trust88 & Chairman Trustee Christopher Martin Hives Trustee 10 12 13 14 15 17 18 19 20 Cor orate trustees - names of the direclors at the date the re Dir•¢tor nam• ortwasa roved Name of trustees holding title to property belonging to the charty Tru•t•• n•rn• Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf th8 assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additlonal infom)ation (optlonal) Names and addresses of advisors (Optional Inforniation) Type of Namè Addrnss adviser Name of Ghlef exe¢utiv• or names of sènior staff membors (Optional infonnation) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details other o tional infonnation Declarations The trustees declare that thoy have approved the trustees, report above. sign￿ on behalf of tho charity's trusttss Signature(s Full namels) Posltlon (eg Secretary. Chair. etc) Christopher M Hives Trustee Dat• 29 Jan 2022 ## **Ayre to Air CIO** ## **Balance sheet** Period: From 01 Apr 2020 To 31 Mar 2021 |**Fixed Assets**
Aircraft
**Current Assets**
Bank Account
**Current Liabilities**
**Current Assets less Current Liabilities:**
**Total Assets less Current Liabilities:**
**Long Term Liabilities**
**Total Assets less Total Liabilities:**
**Capital & Reserves**
Reserves
Profit And Loss
Certified as a true record of the Account
R A Dawe, Ayre to Air Book-keeper|**Year to Date**
100,000.00
100,000.00
1,700.90
1,700.90
0.00
0.00
1,700.90
101,700.90
0.00
0.00
**101,700.90**
103,171.47
-1,470.57
**101,700.90**| |---|---| Registered with the Charity Commission for England and Wales, number 1174164 ## **Ayre to Air CIO** ## **Profit and Loss** Period: From 01 Apr 2020 To 31 Mar 2021 |**Income**
Leigh Cables Donations
QinetiQ Grant
**Direct Expenses**
Rebuild & maintenance costs
Insurance
Consumables
**Gross Profit/Loss**
**Overheads**
**Net Profit/Loss**|**Year to Date**
1,000.00
5,000.00
6,000.00
6,254.20
716.46
499.91
7,470.57
-1,470.57
0.00
-1,470.57| |---|---| Registered with the Charity Commission for England and Wales, number 1174164