Trustees’ Annual Report for the period
From 1 April 2020 Period start date To 31 March 2021 Period end date
Charity name: VC10 Preservation Group
Charity registration number: 1182150
Objectives and Activities
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SORP reference
Summary of the purposes of Para 1.17 To preserve the Vickers-Armstrong Super VC10
the charity as set out in its previously registered as GASGM and latterly
governing document ZD241 with the Royal Air Force.
Summary of the main Para 1.17 and Using the aircraft as an educational platform to
1.19
activities in relation to those promote engineering, the airline and military
purposes for the public heritage.
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Statement confirming Para 1.18 Nil, further than the guidance offered by the
whether the trustees have Charity Commission.
had regard to the guidance
issued by the Charity
Commission on public
benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
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SORP reference
The charity does not provide grants.
Para 1.38
Policy on grant making
The charity’s aims do not include such
Para 1.38 investment.
Policy on social investment
including program related
investment
Volunteers make up the entire human element
Para 1.38 of the charity, from the Trustees to those
Contribution made by maintaining and operating the aircraft in
volunteers ground running condition.
Nil.
Other
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Achievements and Performance
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SORP reference
The charity had a successful year in 2019 but it
was likely to be our final year operating in this
sense. The lease of Bruntingthorpe airfield was
Summary of the main Para 1.20 granted to a new company with no interest on
achievements of the charity,
preserving most aviation based activities on
identifying the difference the
site. Depending on further developments it is
charity’s work has made to
likely the charity will look to follow the due
the circumstances of its
processes to redistribute its funds and
beneficiaries and any wider
ultimately close.
benefits to society as a
whole.
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Nil.
Achievements against Para 1.41
objectives set
None were set with the above (para 1.20) in
mind.
Performance of fundraising
activities against objectives Para 1.41
set
n/a
Investment performance Para 1.41
against objectives
n/a
Other
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Financial Review
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Review of the charity’s Para 1.21 Sound. These are essentially in suspended
financial position at the end animation until the future is resolved. One
of the period major expense this year was the relocation of
one of the charity’s loaned items to a new
location - a major aviation museum - where it
is now on display.
Statement explaining the Para 1.22 As a very small charity operating a large and
policy for holding reserves potentially expensive to maintain asset, the
stating why they are held charity was aiming to build a reserve of
approximated 1-2 years expenditure. However,
this has been over taken by the events
described in “Achievements and Performance”
above.
Amount of reserves held Para 1.22 £7790.
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially in Para 1.24 n/a
deficit
Explanation of any Para 1.23 Awaiting final confirmation, but due to the
uncertainties about the circumstances detailed above, it is likely the
charity continuing as a going charity will cease to operate in 2022 and its
concern assets dispersed to other charities with similar
objectives in the aviation preservation and
education field.
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No longer actively fundraising at this time.
The charity’s principal
sources of funds (including Para 1.47
any fundraising)
n/a
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
n/a
A description of the principal Para 1.46
risks facing the charity
Nil.
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing document Para 1.25 Trust
(trust deed, royal charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection methods Para 1.25 Voluntary
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
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s organisational
structure and any wider Para 1.51
network with which the
charity works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name VC10 Preservation Group
Other name the charity uses
Registered charity number 1182150
Charity’s principal address Bruntingthorpe Proving Ground Lutterworth Leics
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Christopher Chair
1
Haywood
John Kite
2
3 Philip Juffs
4 Jason Kelly
Keith Wilson
5
6 Aine Spoors
7 Mark Wollage
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
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Funds held as custodian trustees on behalf of others
Description of the assets Nil
held in this capacity
Name and objects of the Nil
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
Details of arrangements for Nil
safe custody and
segregation of such assets
from the charity’s own
assets
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Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Nil
Other optional information
Nil
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Original Signed Signature(s) Original Signed Philip Juffs Full name(s) Christopher Haywood Position (eg Secretary, Chair Chair, etc)
Date 17 Jan 22
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VC10 Preservation Group 1182150
Receipts and payments accounts CC16a
For the period 4/1/2020 3/21/2021
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Sales 405 - - 405 -
Donations 80 - - 80 -
- - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
485 - - 485 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 485 - - 485 -
A3 Payments
Donations 1,101 - - 1,101 -
Transport and Logistics 1,860 - - 1,860 -
Website 133 - - 133 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 3,094 - - 3,094 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 3,094 - - 3,094 -
Net of receipts/(payments) - 2,609 - - - 2,609 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 10,402 - - 10,402 -
Cash funds this year end 7,793 - - 7,793 -
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| Section B Statement of assets | Section B Statement of assets | and liabilities at | the end of the period | the end of the period | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||||
| Categories | Details | funds | funds | funds | ||
| B1 Cash funds | Total cash funds | to nearest £ - - - - |
to nearest £ - - - - |
to nearest £ |
- - - - |
|
| (agree balances with receipts and payments account(s)) |
Agreement Error | OK | OK | |||
| Unrestricted | Restricted | Endowment | ||||
| funds | funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
to nearest £ |
- - - - - - |
|
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
- - - - - Current value (optional) |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
- Current value (optional) |
||
| charity’s own use | - - - - - - - - |
- - - - - - - - |
||||
| Fund to which | Amount due | When due | ||||
| B5 Liabilities | Details | liability relates | - - - - - (optional) |
(optional) | ||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | Date of approval |
|||
| C Haywood | C H HAYWOOD | 1/17/2022 |