Trustees’ Annual Report for the period
From 1 April 2023 Period start date To 31 March 2024 Period end date
Charity name: VC10 Preservation Group
Charity registration number: 1182150
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governingdocument |
Para 1.17 | Formerly o preserve the Vickers-Armstrong Super VC10 previously registered as GASGM and laterlyZD241 with the Royal Air Force. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Formerly using the aircraf as an educatonal platorm to promote engineering, the airline and military heritage. In the process of closing. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Nil, further than the guidance ofered by the Charity Commission. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
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|---|---|---|
| Policy on grant making | Para 1.38 | The charity does not provide grants. |
| Policy on social investment including program related investment |
Para 1.38 | The charity’s aims do not include such investment. |
| Contribution made by volunteers |
Para 1.38 | Volunteers make up the entre human element of the charity, from the Trustees to those maintaining and operatng the aircraf in ground running conditon. |
| Other | Nil. |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | There was no actvity during this period following COVID and the lack of access to the aircraf. Trustees worked to try and save the airframe from being dismantled and recycled. It was subsequently scrapped in Apr 2022. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
Nil. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | None were set with the above (para 1.20) in mind. |
| Investment performance against objectives |
Para 1.41 | n/a |
| Other | n/a |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Sound. No change from 31 Mar 2022 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As a very small charity operatng a large and potentally expensive to maintain asset, the 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 reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | With the main asset now destroyed (it was not owned by the charity, only operated), the Trustees will seek a resoluton to dissolve the CIO in 2024. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | No longer actvely fundraising at this tme. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | n/a |
| A description of the principal risks facing the charity |
Para 1.46 | n/a |
| Other | Nil. |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust |
| How is the charity constituted? (e.g unincorporated association, CIO) |
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 | Voluntary |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
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|---|---|---|
| The charity’s organisational 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 details
| Charityname | VC10 Preservaton Group | |
|---|---|---|
| Other name the charityuses | ||
| Registered charitynumber | 1182150 | |
| Charity’s principal address | Bruntngthorpe Proving Ground Luterworth Leics | |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Christopher Haywood |
Chair | |||
| John Kite | ||||
| Philip Jufs | ||||
| Jason Kelly | ||||
| Keith Wilson | ||||
| Aine Spoors | ||||
| Mark Wollage | ||||
– 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 for Nil 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 Secretary, Chair Chair, etc)
Chair 14 Aug 24
Date
| VC10 Preservation Group |
VC10 Preservation Group |
VC10 Preservation Group |
1182150 | CC16a | |
|---|---|---|---|---|---|
| For the period from |
1-Apr-23 | To | 31-Mar-24 | ||
| Section A Receipts and payments | |||||
| A1 Receipts Nil - - - - - - - - - - - Sub total - Total receipts - A3 Payments Nil - - - - - - - - - Sub total - - - Sub total - Total payments - Net of receipts/(payments) - A5 Transfers between funds - A6 Cash funds last year end 7,793 Cash funds this year end 7,793 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7,793 7,793 |
Last year to the nearest £ |
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| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Bank Cash Details Details Details Details Signature ElectronicallySigned Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 7,739 - 54 - - - 7,793 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name C H Haywood Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| OK | |||
| to nearest £ Endowment funds |
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| Date of approval |
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| ElectronicallySigned | C H Haywood | 13-Aug-24 | |