## **Trustees’ Annual Report for the period**
## **From 1 April 2021 Period start date To 31 March 2022 Period end date**
## **Charity name: VC10 Preservation Group**
## **Charity registration number: 1182150**
## **Objectives and Activities**
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SORP reference
Summary of the Para 1.17 To preserve the Vickers-Armstrong Super VC10
purposes of the charity previously registered as GASGM and latterly
as set out in its ZD241 with the Royal Air Force.
governing document
Summary of the main Para 1.17 and Using the aircraft as an educational platform to
1.19
activities in relation to promote engineering, the airline and military
those purposes for the heritage.
public 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 Charity Commission.
have 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.
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Nil. Other
## **Achievements and Performance**
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SORP reference
There was no activity during this period
following COVID and the lack of access to the
aircraft. Trustees worked to try and save the
Summary of the main Para 1.20 airframe from being dismantled and recycled.
achievements of the
As the period ended it looked as though the
charity, identifying the
aircraft would be destroyed imminently (it was
difference the charity’s
subsequently scrapped in Apr 2022).
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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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 Para 1.41
against objectives 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. No change from 31 Mar 2021
financial position at the
end of the period
Statement explaining Para 1.22 As a very small charity operating a large and
the policy for holding potentially expensive to maintain asset, the
reserves stating why charity was aiming to build a reserve of
they are held 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 Para 1.24 n/a
in deficit
Explanation of any Para 1.23 With the main asset now destroyed (it was not
uncertainties about the owned by the charity, only operated), the
charity continuing as a Trustees will seek a resolution to dissolve the
going concern CIO in 2023.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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No longer actively fundraising at this time.
The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
n/a
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
n/a
A description of the Para 1.46
principal 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 Para 1.25 Trust
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Voluntary
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
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider 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 Preservaton Group
Other name the charity
uses
Registered charity
1182150
number
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Charity’s principal Bruntingthorpe Proving Ground Lutterworth Leics
address
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## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Christopher Chair
1
Haywood
2 John Kite
3 Philip Juffs
4 Jason Kelly
5 Keith Wilson
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**||||
**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 Nil for safe custody and segregation of such assets from the charity’s own assets
## **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** Chair **Secretary, Chair, etc) Date** 12 Jan 23
**VC10 Preservation Group 1182150**
## **Receipts and payments accounts**
1-Apr-21 31-Mar-22 **To**
**For the period from**
## **Section A Receipts and payments**
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Nil - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts - - - -
A3 Payments
Nil - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ - ] - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments - - - -
Net of receipts/(payments) - - - -
A5 Transfers between funds - - - -
A6 Cash funds last year end 7,793 - - 7,793
Cash funds this year end 7,793 - - 7,793
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## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**||**Restricted**|
|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**||**funds**|
|**B1 Cash funds**|Bank
Cash|**_Total cash funds_**|**to nearest £**
**7,739**
**54**
**-**
**7,793**|
|**to nearest £**
**-**
**-**
**-**
**-**|
||(agree balances with receipts and payments
account(s))||OK|OK||
||||**Unrestricted**||**Restricted**|
||||**funds**||**funds**|
|**B2 Other monetary assets**|**Details**||**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|
|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|
|**B3 Investment assets**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**||
|**B4 Assets retained for the**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**||
|**charity’s own use**||||
|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|
|**B5 Liabilities**|**Details**||**Fund to which**
**liability relates**|
|**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees||Signature|Print|Name||
||Electronically Signed||C H Haywood|||
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CC16a
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## **Last year**
**to the nearest £**
**-**
**-**
**-**
**-**
## **Endowment funds**
## **to nearest £**
**-**
OK
## **Endowment funds to nearest £**
**-**
**Current value (optional)**
**-**
**Current value (optional)**
**When due (optional)**
Date of approval 12-Jan-23