| ROYALAIRFORCEMICROLIGHT F | |
|---|---|
| CONTENTS | |
| Pages3to5 | Report of the Trustees |
| Page6 | StatementofFinancialActivities |
| Page7 | Balance Sheet |
| PagesBto13 | Notesto theFinancialStatements |
| Paget4 | lndependentExaminersReportto theTrustees. |
| Incorporating income and expenditure | Incorporating income and expenditure | account | ||||||
|---|---|---|---|---|---|---|---|---|
| IilCONfiil€RESOURCES | Notes | UnrestrictedDesignated Funds Funds f.E |
Restricted Funds L |
TOTAL 2A2t E |
TOTAL 2020 t |
|||
| Income and |
||||||||
| Endowments | ||||||||
| DonationsandLegacies | 3a | 2T | - | 27,2L0 | 27,23L | 43,829 | ||
| Charitable Activities | ?k | 4,313 | 8,233 | 12,546 | 10,178 | |||
| Other Trading Activities | 3c | |||||||
| Investments | 3d | 9 | 9 | 57 | ||||
| Other | 3e | |||||||
| TOTAL | ||||||||
| RESOURCESEXPEI{DED | ||||||||
| Expenditure on: | ||||||||
| RaisingFunds | 4a | |||||||
| Charitable Activities | 4b | 2,348 | 17,79A | 28,427 | 48,565 | 41,608 | ||
| Other | 4c | |||||||
| TOTAL | 2,348 | L7,79O | 28,427 | 48,565 | 41,608 | |||
| NETINCOME/(EXPEI{DITURE) | ] BEFORE |
|||||||
| INVESTMENTGArNS/(LOSSES) | ||||||||
| Net gainsl(losses) on investments | ||||||||
| NETINCOI}TEI (EXPENDITURE) | ||||||||
| Transfers between funds | t,1o7 | 5,280 | (6,387) | |||||
| Transfer ofaircraftcostcentrebalances at3L{LZ/ZA fromgeneraltodesignated funds |
(45,691)45.691 | |||||||
| NETMOVEMENTINFUNDS | ||||||||
| RECONCILIATIONOF FUNDSI | ||||||||
| TotalFundsBroughtForward | 292,123 | - | 23,327 | 315,450 | 302,994 | |||
| TOTALFUITDSCARRIED FORWARD |
| fixdAssds | NOIE | UnrestrictedDesignated Fucds Funds E E |
UnrestrictedDesignated Fucds Funds E E |
Restricted3l-Dec-zt3!.-Dec-2O Funds Total rstal E€€ |
Restricted3l-Dec-zt3!.-Dec-2O Funds Total rstal E€€ |
Restricted3l-Dec-zt3!.-Dec-2O Funds Total rstal E€€ |
|---|---|---|---|---|---|---|
| Tangibte assets | 225,000 | |||||
| Current Assets | ||||||
| Stocks | ||||||
| Debtors | 6, | |||||
| Cashat bank andin hand | 1 | 31,869 | 4L,414 | L5,723 | 99,006 | 101,41.0 |
| ?otalCurrentA$€ts | ||||||
| CrditorelamountsfalNingdue withinoneyear |
7,335 | - | 7,335 | 10,960 | ||
| ITETCURREHT ASSETS | 24,534 | 4t,4i4 | 15,723 | 81,67|90,45C | ||
| ?OTAL ASSErSlesscurrent liabilities | ||||||
| Creditors:amountsfalling duein | ||||||
| morethanoneyear | ||||||
| HET ASSETS | ||||||
| FundsoftheCIO | ||||||
| GeneralFunds | 249,534 | 249,534 | 292,t23 | |||
| Designated Fuflds | 4Lit4 | 47,4L4 | ||||
| R.estricted Funds | 15,723 | 15,723 | 23,327 | |||
| TotalFunds |
over3yearsfrom themonththeyarepu |
rchased. | ||
|---|---|---|---|
| 2. TANGIBLEFIXEDASSETS | UnrestrictedDesignatedRestricted EEf-E |
TOTAL | |
| EQUIPMENT CoSt |
01-lan-21245,000::245,000 | ||
| Additions | |||
| Disposals | |||
| Costat | 31-Dec-21 | ||
| Depreciation Disposals Charge Depreciationat |
01-lan-21 31-Dec-21 |
20,000 : |
'o':oo |
| NetBook Value | 31-Dec-21 | ||
| NetBook Value | 31-Dec-20 |
| FOR THE | YEAR ENDED31 | DECEMBER | 2021 | ||
|---|---|---|---|---|---|
| 3. ANALYSISOFINCOME | Unrestricted Funds Lt_f |
Designated Funds |
Restricted Funds |
TOTAL 202r. C |
TOTAL 2020 E |
| a)Donations andLegacies | |||||
| RAFCFGrant-Kit & Equipment | 3,950 | 3,950 | 950 | ||
| RAFCFGrant-OperatinqCosts | 77,7O0 | 17,70O | 17,640 | ||
| RAFCFGrant-NewMember Activities MFCFGrant-OverseasVisit |
:'u | :" | :oo | ||
| RAF SFGrant | |||||
| Donations | 27 | 2t | |||
| HomeforSport Grant | (z,ogs) | (2,099) | a,+gs | ||
| RAFMFAELCGrant | 7,264 | 7,264 | 2A,954 | ||
| b)CharitableActivities | |||||
| AircraftRunningIncome | 8,233 | 8,233 | 4,233 | ||
| Caachi ng,lTrainingl Pers.Cantributions | )oo | 2-44 | |||
| Kit & Equipment | |||||
| OverseasVisit | |||||
| Subscriptions&SyndicationFees Other |
+,a-zl | 4,073 | s,i+s 2,500 |
| d)Investments | ||
|---|---|---|
| BankInterest | 57 | |
| 9 | 57 |
| 4. ANALYSISOF EXPENDITURE | |||||
|---|---|---|---|---|---|
| Unrestricted Funds EET. |
Designated Funds |
Restricted Funds |
TOTAL 2021 e. |
TOTAL 2020 € |
|
| a)Raising Funds | |||||
| b)CharitableActivities AircraftRunning Costs |
L6,7_24 | 1,533 | 18,257 | 16.685 | |
| Coaching &Training | 8,599 | 8,599 | |||
| Kit & Equipment | 1,833 | 6,502 | 8,335 | 950 | |
| OverseasVisit | |||||
| OperatingCostsinc. Insurance | 515 | ,r:uu | 71,713 | 13,294 | 22,827 |
| New MemberActivities | 80 | BO | 40 | ||
| HomeforSport Expenditure | 279 | ||||
| RAFMFA ECLExpenditure Depreciation |
:,, |
| 5.DETAILSOFCERTAINTYPESOF | EXPENDITURE | ||||
|---|---|---|---|---|---|
| TOTAL | TOTAL | ||||
| 2021 | 2020 | ||||
| E | E | ||||
| Independent examiner'sfees Assuranceservices otherthanauditor |
independent examination | :uo | |||
| Tax advisoryfees Other fees(for example:financial advice, consultancy,accountancy services) |
paidtothe | :" | |||
| independent examiner | ffi | ||||
| 6.DEBTORSANDPREPAYMENTS | Unrestricted Funds Ef. |
Designated Funds |
Restricted Funds |
Total 31-Dec-21 c |
Total 31-Dec-2O |
| Debtors | |||||
| Prepayments | |||||
| Accrued Income |
| FORTHE YEA | R ENDED31DECEMBER | R ENDED31DECEMBER | 2021 | 2021 | 2021 |
|---|---|---|---|---|---|
| 7.CASHATBANKANDINHAND | UnrestrictedDesignated Funds Funds EEfEE |
Restricted Total Total Funds31-Dec-2131-Dec-2O |
|||
| Cashatbank and onhand | 31,869 | 4L,4t4 | 15,7_23 | 89,006 | 101,410 |
| Other | |||||
| Total | |||||
| 8.CREDITORSANDACCRUALS: AMOUNTS | |||||
| FALLINGDUEWITHINONEYEAR | UnrestrictedDesignated Funds Funds EE |
Restricted Tota! Total Funds31-Dec-213l-Dec-2O EE |
|||
| Creditors | 5,902 | - | 5,902 | 10,060 | |
| Accrual-Independent Examination | 900 | _ | 900 | ||
| Accruals-other | 533 | - | 533 | :oo | |
| 9.CREDITORSANDACCRUALS: AMOUNTS | |||||
| FALLINGDUEINMORETHANONEYEAR | UnrestrictedDesignated Funds Funds EE |
Restricted Funds E |
Total Total 3l-Dec-2131-Dec-20 E |
||
| Creditors | |||||
| Accruals |
| 10.RESTRICTEDFUNDS | |||
|---|---|---|---|
| CURRENTREPORTING | PERIOD | ||
| Balance | Balance | ||
| O1-Jan-21 E |
IncomeExpenditure EEE |
Transfers31-Dec-21 | |
| RAFCentralFund Grants HomeforSport Grant RAFMFAELCGrant |
3,205 20,127 |
22,045 22,045 (2,099) 7,264 6,382 |
lr,iozy - (5,280) 15,723 |
| PREVIOUS REPORTING | PERIOD | ||
| Balance | Ealance | ||
| Ol-Ian-2O E |
IncomeExpenditure fEE |
Transfers31-Dec-2O | |
| RAFCentralFund Grants HomeforSport Grant RAFMFAELCGrant |
1_" | 19,390 3,485 19,390 279 20,954 833 |
(272) - 3,206 - 20,12t |
| 11.DESIGNATEDFUNDS | |||||
|---|---|---|---|---|---|
| CURRENT | REPORTING | PERIOD | |||
| Balance | Balance | ||||
| O1-Jan-21* E |
Income t |
Expenditure EE |
Transfers | 31-Dec-21 | |
| AircraftG-HMCA AircraftG-HAEF AircraftG-HMCE AircraftG-HMCF AircraftG-HMCH |
15,275 lz,787 10,342 5,293 1,994 |
2,t22 2,039 714 1,341 2,018 |
9,465 3,152 986 2,605 L,582 |
2,354 L,760 417 125 624 |
10,286 L3,433 LO,4B7 4,t54 3,054 |