South & West Yorkshire Wing Air Training Corps Charity Registration Number: 1174182 Trustees, Annual Report and Financial Statement 1 April 2024 - 31 March 2025
South & West Yorkshire Wing ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 SOUTH & WEST YORKSHIRE WING AIR TRAINING CORPS Charity Registration Number: 1174182 Purpose of the Charity: South & West yorkshi Wing Air Training Corps is established to provide additional financial support from non-public funds in order to support the air cadet experience delivered by the Air Training Corps through public fvnding (derived from the Ministry of Defence). Trustees: The follong have seThed as trustees during the year under review.. Mr Terence M J Baynes - Chair Mr Andrew Newton - Treasurer Mr Michael A Archer Mr Christopher Kelly Addre38 of Charlty: South & West Yorkshire Wing Air Training Corps Wing Headquarters Healdfield Road CASTLEFORD West Yorkshire WF10 4LQ Bankers: CAF Bank Ltd West Malling ME19 4JQ Lloyds Bank Plc. 98 Victoria Street London SW1E 5JL Appointsnent of Trustees: Trustees are appointed in accordance with the guidance provided wtthin Cwilian Committee Publication 11 (Administration of Civilian Committees in the Air Training Corps). On the date of registration, it was agreed that a minimum of FOUR Trustees would be elected at the Annual General Meeting of the Charity held in June each year. The chaimian is appointed in accordance with the guidance contained within the referenced publication. Both a secretary and a treasurer are either appointed from amongst the existing trustees or others are invited to be appointed trustees to undertake these roles. Trustee Declaration.. On appointment, each trustee completes a declaration (in the fonnat advised by the Charity Commission). P4e2of9
South & West Yorkshire Wing ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 Financial Review ofthe Year: The Trustees continue to target their financial support, in line with the overarching aims of the air cadet organisation (RAF Air Cadets). This entails supporting (directly or Indictly) events and activities organised for cadets of the Wing - for example inter-wing sports, purchase of equipment and for the training of adult volunteers. The detail of the receipts and payments for the year under review a recorded later in this report. With receipts of £147.953.96 and payments of £124,068.87 there was an increase in total funds of £23,885.09 compared with an increase of £2,047.14 in the previous year. The key source of unrestricted income is by means of a levy raised on each enrolled cadet within South & West Yorkshire Wing. This stands at a sum of £2.40 per cadet per month with approximately 1300 cadets in the Wing at any one time but will be increased in 2025-26 to accommodate the funding of rn0 cadet activities directly from Wing funds without raising additional charges from squadrons. Another source of income (restricted funds) is by means of income whereby the Wing acts as a conduit for funds to other agencies, principally Headquarters Air Cadets (HQAC) and the Air Cadet Charity. This is generally in the form of collated payments for donations to the Air Cadet Organisation, Camps, Duke of Edinburgh Award purchases and similar payments. Reserves Pollcy: Since 2012 the Wing has established that it needs to hold financial reserves approximating to a six- month expenditure sum. Such a sum would allow the Wing to continue operation even if normal reiptS were interrupted for a period. For 2024-25 this sum stands at £61,793.27. We also hold a small, additional sum of £12,000.00 in reserve to support squadrons within the Wing who are experiencing short tem difficulties (averaged at £3,000.00 per squadron for four squadrons under support). This equates to total reserves of £85,976.98 for the next financial year. The reserves policy is expected to be updated for 2025-26 based on the eXperienS of Covid restrictions, changes to funding policies following the creation of the Air Cadet Charity and updates in how the Wing operates (including a significantly diminished need for squadron support). This should allow us to reduce our reserves and make more funds available for cadet activities. Independent Examlnatlon of Accounts: With the level of receipts and payments both more than £25,000 and over £100,000, the trustees identified that an Independent Examination of the accounts is required and that they would appoint FB Accounting Ltd. (of Rothwell, Leeds) to undertake this examination annually. Declaratlon: The trustees declare that they approved the above report at their meeting on 13 August 2025. Signed on behalf of the ch8rity's trustees.. Terence M J Baynes Chair Andrew Newton Treasurer P4e3of9
South & West Yorkshire Imng ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Rospective The charity's trustees are responsible for the preparation of the responsibilities of accounts. The charity's trustees consider that an audit is not trustees and examSner required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5){b) of the Charities Act), and to state whether matters have come to my attention. My examination was carried out in accordance with general Basis of independent Directions given by the Charity Comrnission. An examination examIne5 Statement includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to th08e matters set out in the statement below. In connection with my examination, no matter has come to my Independent examIne8 attention: statement (1) which gives me reasonable cause to believe that, in any material respect, the qUIrementS. to keep accounting records in accordance With section 130 of the Charities Act,. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. OMifvllL 66hSI FB Accounting Ltd. 57a Commercial Street Rothwell Leeds, LS26 OQD Date.. S/ii P4e4of9
South & West Yorkshire vng ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 RECEIPTS Unrestricted Restricted Year to 31-Mar-25 80,365.00 GP Fund Contributlon8 (revenue) 38,575.20 41,789.80 Functlonal Ar•a8 Adventure Training Road Marching Shooting D of E Registrations D of E Registration Refunds from ACC 1,780.00 1,780.00 60.00 5,739.80 5,754.50 2,667.00 60.00 5,739.80 5,754.50 2,667.00 Bank Account Int•re8t Donatlons Award81 presentatlons and soclal Clothlng and unlfomi Cours88 Camp8 Loan repaymonts Grants 675.45 198.49 4,920.00 314.80 675.45 198.49 4,920.00 314.80 1,800.00 27,486.58 3,612.00 12,580.34 1,800.00 27,486.58 3,612.00 12,580.34 91.723.82 56,230.14 147,953.96 P&385of9
South & West Yorkshire Wing ATC Trustees. Annual Report and Financial Statement Year to 31 March 2025 PAYMENTS Unrestrlcted Rostrlctsd Yoar to 31.Mar-26 358.50 5,851.41 40,182.50 4,221.00 849.07 Bank Fee8 and card processlng charg•8 Accountsncy fees ACC Contributlon Regional GP Fund Insurance 358.50 5,851.41 40,182.50 4,221.00 849.07 Functlonal Area8 Adventure Training D of E Award Costs First Aid Flying, Gliding and Aviation Road Marching and Walking Radio and Cyber Shooting Sports 12,432.50 8,829.00 783.81 12,432.50 8,829.00 783.81 0.00 2,220.00 566.93 9.503.07 2,092.31 2,220.00 566.93 9,503.07 2,092.31 rr equlpment and 8oftwar8 Adult development and tralnlng Grants Sector Actlvltles UK Camps Prfntlng, Statlonory and admlnlstratlon Awards, pr•s•ntatlon8 and soclal Clothlng and Unlfomi One off Infra paym•nt Squadron Support Transport Loan8 to Squadron8 3,765.34 3,059.28 3,765.34 3,059.28 1,670.34 153.25 16,989.90 1,242.26 5.877.98 458.36 2,000.00 0.00 962.06 0.00 1,670.34 153.25 16,989.90 1,242.26 5,877.98 458.36 2,000.00 0.00 962.06 77,995.03 46.073.84 124,068.87 Page6019
South & West Yorkshire Wing ATC Trustees. Annual Report and Financial Statement Year to 31 March 2025 SUMMARY Funds at 31 March 2024 Cash (inc. petty) Lloyds Current Lloyds Savings CAF Bank Savings Account 2 Soldo Equals Money Accounts Re1vable (Squadron loans) 30.68 69,721.74 30,000.00 13.339.15 (closed) 607.24 2,000.00 3,164.60 115,698.81 118,863.41 Less Liabilities 16,626.64 102.236.77 Funds on 31 March 2025 Cash (inc. petty) Lloyds Current Lloyds Savings CAF Bank Equals Money-GPB Soldo Accounts Receivable 93.55 16,989.37 99,042.47 (closed) 7,011.55 (closed) 3,998.46 123,136.94 127,135.40 Les8 Liabilities 1,013.54 126,121.86 Net of ReceiptslPayments for the year 23,885.09 Signed on behalf of the ch8rity's trustees.. Terence M J Baynes Chair Andrew Newton Treasurer P¥d$ 7 of9
South & West Yorkshire Imng ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 NOTES 1. Accounting Policy: These accounts have been prepared under the historic cost convention. 2. Debtors and Creditors: The Wing only loans or lends money to organisations within its direct view. These loans are either operational to support the squadron in times of need such as during banking difficulties. Alternatively, the Wing occasionally makes modest interest free loans available to squadrons for one off projects. There is one debtor within the Wing.. 362 (Elm Tree) Squadron (loan) - £153.00 Debtors outside the Wing: Greater Manchester Wing ATC - £1560.00 North Region ATC - £2401.40 HQAC- £37.06 Two debtors from outside the Wing have amounts which are significantly overdue. Debtors within the Wing are fully up to date. 3. Movoment of Funds: There has been no movement of funds between reslricted and non-re8tricted account8, 4. Grants: The trustees made one direct grant of £320.34 to a squadron in a post-covid recovery cycle after showing committed effort and improvement to re-establish squadron numbers. During the year the Wing also, as in the past, acted as intemediary for an additional £ 1,250.00 of grants which were then paid directly to their applicants. These are included in the restricted funds and are not ttemised here. In addition, the Wing received additional funds from other North Region Wings and North Region ATC to cover the costs of running the North Region Xero project although many of those payments remain OLrtstanding. S. Trustees, Remuneratlon and Exponses: No remuneration directly or IndiCtlY - has been paid out of the funds [of the charity] to any trustee (or to any person or persons known to be connected with any of them) apart from certain legitimate administrative costs. 6. Stock: South & West Yorkshire Wing hold a stock of equipment and supplies for example IT equipment, Adventure training equipment such as kayaks, canoes also first aid training supplies too extensive to list resulting in an estimated current insured value of assets of £60,000. Full inventory available on request. 7. Comparlson with Prevlous Years: South and West Yorkshire Wing continues to grow. Adventure training continues to be one of our strongest areas but the Wing's capacity for providing extensive, additional shooting opportunities, something that sets the RAF Air Cadets apart from other youth organisations has contributed P488of9
South & West Yorkshire Wing ATC Trustees, Annual Report and Financial Statement Year to 31 March 2025 significantly to the turnover and expenditure of the Wing. To that end, along with some other activities, we are looking to accommodate an increasing amount of these activities from the standard subscription revenue as these are now widespread and regularly scheduled. We achieved an above average surplus in 2024-25, likely due to the change of Wing Commander. Imiilst no activities stopped or dUced, this change meant that there were no major projects although a revitalisation of sport was funded in line with a change in approach from Corps. Despite being substantial in scope, this didn't impact the funds significantly. Ourworst debtors continue to be R4F Air Cadet organisations outside of the Wing and South and West Yorkshire Wing took on the burden of wnning some training which was made available to all of North Region and was well attended. This covered tools and practices for good financial management. P&3e9019