Charity number.. 1182793
ASTON MARTIN HERITAGE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020

ASTON MARTIN HERITAGE TRUST
CONTENTS
Page
Reference and Administrative Details of the Charitable Incorporated Organisation, its
Trustees and Advisers
Chairman's Statement
Trustees. Report
Independent Examiner's Report
Statement of Financial Activities
10
Balance Sheet
Statement of Cash Flows
12
Notes to the Financial Ststements
13-31

ASTON MARTIN HERITAGE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION.
ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Trustees
Mike Abbott (appointed 5 April 20191
Tim Collingham lappoinled 5 April 20191
Mark Donoghue (appointed 11 March 2020)
Mark Gaunllell lappoinled 5 April 20191
Nicholas Hewitt lappoinled 5 April 20191
Marek Reichman (appointed 11 March 20201
Rob Smith, Chaimian (appointed 5 April 2019)
Simon Sproule (resigned 1 December 20191
Garry Taylor, Treasurer (appointed 11 December 20191
August von Joest lappoinled 5 April 20191
John Warden lappoinled 5 April 20191
Tom Westley lappointed 5 April 20191
Charity reglstered
number
1182793
Prlnclpal offlce
Drayton St Leonard
Wallingford
Oxfordshire
OX10 7BG
Secretary
Donna Bannister
Accountants
James Cowper Kreston
Chartered Accountants
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB
Bankers
HSBC
44 Upper High Street
Thame
Oxon
OX9 2DW
Barclays Bank PIC
Abingdon
Oxon
OX25 1UB
Sollcltors
Helen Harvey, Charity Consultant
Barlow Robbins Solicitors
The Oriel
Sydenham Road
Guildford
Surrey
GU13SR
Page 1

ASTON MARTIN HERITAGE TRUST
CHAIRMAN'S STATEMENT
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
The chairman presents his statement for the period.
The AMHT started 2020 in a very buoyant mood. Much work was started in the autumn of 2019 on our plans for
a new Aston Martin Heritage Centre with several locations under review and an exciting building layoLJt drawn up
by archilecls ZMMA containing the archive, museum galleries, lecture theatre and classroom, café and public
spaces. 2020 started with a very well received Waller Hayes Memorial Lecture held at the RAC Club in London
where Red Bull F1's Christian Homer entertained the sell-out audience with candid tales from the world of F1.
In March the Covid-19 Pandemic struck and the situation changed dramatically. The Museum was shut lo
visitors depriving us of much needed income and the staff moved to working from home. However, that meant a
change of focus and not a shortage of work and so it was decided early on not to furlough the team. This has
enabled us lo concentrate on cataloguing the collection and a huge number of images have been scanned,
captioned and added to the catalogue. Our social media activities have increased, for which there was a huge
demand, and we have posted many historic photographs and created several videos of cars in the collection
which were well received. As a board of Trustees, we have concentrated on defining our ongoing strategy and
adopted video conferencing for Trustee meetings with great success. The collection continued to grow and
several new vehicles joined on permanent loan from AML.
The Museum reopened for August and September using an online lickel booking system with timed visiting slots
that allowed us to manage the number of people in the museum at any one lime and we stuck carefully wthin
the legal limitations of social distancing. This was such a success that we will continue with the online booking
system going fonmard.
R. V. Smith
Chairman of the Board of Trustees
Dale..
Aug 2, 2021
Page 2

ASTON MARTIN HERITAGE TRUST
TRUSTEES. REPORT
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
The Trustees present their annual report together with the financial statements of the Charitable Incorporated
Organisalion ICIOI for the period 4 April 2019 10 30 September 2020. We became a CIO in the period with the
assets transferred from the previous unincorporated Trust. The CIO was formed on 4 April 2019 and to comply
with the Charity Commissions filing requirements, these financial statements cover the extended period being 4
April 2019 10 30 September 2020, and, as permitted under merger accounting Tules, include results from the
unincorporated Trust.
The Trustees confirm that the annual report and the financial statements of the Charitable Incorporated
Organisalion comply wtth the current statutory requirements, the requirements of the Charitable Incorporated
Organisalion's goveming docLJment and the provisions of the Statement of Recommended Practice ISORPI,
applicable lo charities preparing accounts in accordance wtth the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191.
Objectives and activities
Objectives, actvities and disclosure of public benefit
The Aston Martin Heritage Trust IAMHTI has three principal objectives..
the preservation of the motoring heritages of Aston Martin, Lagonda and Aston Martin Lagonda motor cars
I'the Marque'l.,
using that heritage to inspire future generations through the Aston Martin Museum's displays, activities
and its Educational services., and
the provision of a world-class tourist attraction whose popularity will attract visitor revenues to pay for
the preservation and education.
The Trustees have had regard to the Charity Commission's guidance on public benefit.
Strategies for achieving objectives
The strategies employed by the AMHT lo achieve these aims and objectives are..
The development of a world-class museum, dedicated solely lo 'lhe Marque
The development and maintenance of the definitive archive relating lo 'lhe Marque,;
To produce 'The Register of Aston Martin,, an online database referencing every car made by Aston
Martin and Aston Martin Lagonda from 1913 to dale-
Make accessible to the general public the Collections Catalogue, an online database of objects,
photographs and documents held by the AMHT.,
Publication of an annual journal ASTON, a quartedy Newsletter and other books or articles covering the
history of 'lhe Marque,;
Producing a Lecture Series addressing both past and present topics relating to Aston Martin.,
Collect, maintain, and conserve motor vehicles relevant to the history of Aston Martin and Aston Martin
Lagonda Ltd. and associated artefacts.,
Collect and maintain or conserve as appropriate archive ttems relating to the history of Aston Martin and
the people, companies and organisations associated with that history.,
Pul on display as many of the objects, artefacls and archive items in its care as it is safe and practical to
do so and, where appropriate, demonslrale the Museum's operable objects at events both on and off the
Museum's site.,
Make available lo researchers, authors and other interested parties, access to the Museum's collections,
and encourage the publication of articles and books on all aspects of the history of Aston Martin.,
Use the Museum's displays and collections as the foundations for formal and informal learning activities
on and off the Museum sile, especially through the creation of new and upgraded exhibitions.,
Grow public visitor numbers through..
Promotion using print and radio advertising.,
Promotion through digital and social media such as Facebook and Twitter and our own and others,
websites, and through stands at extemal events-
Organising special events targeted at Aston Martin enthusiasts, motoring enthusiasts, and general
audiences.,
Page 3

ASTON MARTIN HERITAGE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Objectives and activities {continuedl
Grow corporate, group and hospilalily visitor numbers through..
Promotion using print and digital media advertising.,
Allendance at hospilalily and tourist industry events.,
Build support for the Museum and ils activities by the operation of a Supporter programme, whose
subscription revenues and activity earnings (such as through the organising of talks, functions and events)
are gifted lo the Museum.,
The maintenance of members, funding flows via the Aston Martin Owners Club and benefactors which
enable the Trust to meet ils objectives.
Achievements and perfomiance
The Museum
Originally open lo the public on a Wednesday afternoon, maximum visitor numbers were less than 300 per year.
Pre-covid, we were open 5 days per week plus every other Saturday welcoming 3,000 visitors per annum. Now
reopened, bul with a redU￿d schedule and back lo the full 5-6 days per week
The Museum has changed a lol over the years. It started with just 3 cars (Ulster, AMR1 and a Lagonda} lo the
current display of 7 cars that includes pre-war, Fellham, Bloxham & Gaydon. In 2012, prior lo AML'S Centenary,
5 bespoke museum cases were installed, each sponsored by an individual or group. These cases have enabled
us lo tell the story of Aston Martin through Lionel Martin's personal photos and lea sel, Mort Morris-Goodall and
Jock Horsfall memorabilia to modern trim pieces used by AML today.
Digitising the Register and Registrar assets
The Covid lockdowns have galvanized the needs of the registrars lo have a¢￿sS lo our own shared digital
archive. We are now more than haI￿aY through digilising the paper records of the Master Register although
many months of scanning are still ahead. We now have a growing shared digital archive of build sheets and
have a comprehensive archive of photographs of chassis identification marks. Once events begin again, we will
both be collecting more photographs to assist with future seNices for the DVLA and overseas vehicle registration
agencies.
V765 and other DVLA services
The AMHT has been, since ils inception, the DVLA'S prescribed organisation lo provide evidence and advi￿ on
the registration of historic Aston Martins. This mostly involves the provision of providing dating evidence and lo
support cars through the V765 scheme. Dating evidence or 'dating lellers, are provided for individual cars so that
the DVLA has an accurate information of the age of a vehicle so that the correct Vehicle Excise Duty is charged.
The V765 scheme is an extension of this whereby we provide evidence and support the application by an owner
lo have the original UK registration number reassigned to a car that il may have lost over lime.
Education and Learning
Since ils formation, AMHT has always provided education in all things Aston, through the museum, archive
services, publishing and public lectures. However, the Trustees for some lime have wished lo do more in the
education field and ulilise the assets the Trust holds. Hence during 2020 AMHT began lo expand ils education
remit lo provide more active engagement with the public, schools and employers in the Aston Martin community.
As part of our wider remit, we are developing a schools outreach programme, working with Slowe School,
Silverstone UTC, the Heritage Skills Academy, Ecurie Bertelli and Aston Martin Lagonda plc lo provide a series
of presentations, teacher-led activities and visits targeted al secondary school children. These will all be based
on assets and information held by the Trust and ils partners. The programme primarily links lo core GCSE
subjects and aims to inform subject choices and future career goals., the pandemic has delayed work on this
project but we intend lo begin later in the year.
Page 4

ASTON MARTIN HERITAGE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Achievements and perfomiance Icontinuedl
In conjunction with the outreach project, we are developing several subjecl-based GCSE Teaching Packs which
use leaching material and GOn￿ptS based on AMHT'S assets and archive. The first of these, for leacher-led
GCSE English, is in the process of being developed and in due course will be available on the TES Resources
website.
We want to use our cutaways to show Aston Martin's innovative engineering design, so we are offering
temporary loans lo educational establishments. For the first of these, during 2021 we have loaned our AM6
Vantage cutaway lo the MIRA Technology Inslilule al Nunealon, where the students can study il every day in the
foyer.
A continuing concern of the Trustees is the skills shortage in engineering and manufacturing, which impacts the
ability to maintain and restore our cars. Hence AMHT is working with other partners which support apprentices
and skills development such as.. the Heritage Skills Academy, which trains apprentices in heritsge skills., the
Federations Skills Trust, which provides grants lo support aulomolive apprenticeships,. and Slartermolor, a
charity which encourages young people to engage with heritage motoring. Working with these partners, AMHT
aims to encourage, support and signpost employers and apprentices in the AML community to maintain the skills
needed in our heritage sector.
Financial review
The Trust receives tts principal funding from subscriptions and donations.
Total incoming resources for the period were £321,163 (period to 3 April 2019.. £184,6551- Total resources
expended in the period were £355,649 (period lo 3 April 2019.. £158,486) and the resulting nel deficit was
£34,486 (period to 3 April 2019.. surplus of £26,169). The free unrestricted fund balance (excluding fixed assets
and heritage asselsl at the end of the period was £283,195 las al 3 April 2019.. £320,924).
Going concern
The Trustees have considered the impact of the global Covid-19 pandemic on the ability of the Charity lo
continue trading for the foreseeable future. This review has included considering the impact of the pandemic lo
the date of signing the financial statements and updating financials in respect of the Charity income and
expenditure. Based on this review and taken together with existing financing facilities the Trustees believe that
the financial statements have been prepared appropriately on the going concern basis.
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements.
Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
Reserves policy
The Trust aims to have a minimum of 6 months operating expenditure in liquid reserves at any one time in
addition to reserves maintained to meet specific projects. Reserves dedicated lo a specific project may be
treated as restricted funds. At the end of the period to September 2020 free reserves amounted to 10 months of
operating expenditure, which the Trustees believe to be prLJdent in the light of anlicipaled expenditure during
2020121. The balance of the reslricled fund at 30 September 2020 was £5,365.
Material investments policy
The Trustees follow an investment policy lo optimise investment income consislenl with the secure maintenance
of capital.
Page 5

ASTON MARTIN HERITAGE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
structure, governance and management
Constitution
The Trust Iregislered charity number is 10724101 was originally consliluted by a deed dated 5 August 1998, with
modifications dated 23 August 2000 and 14 June 2004. During the period, the Aston Martin Heritage Trust
became a Charitable Incorporated Trust Iregislered charity number 11827931 and the assets, property and
challels from the previous unincorporated Trust were transferred over in according with a general vesting
declaration dated 1 August 2019 signed by the Chairman and a Trustee.
Methods of appointment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed. Six Trustees are appointed following approval by the Committee of Management of the
Aston Martin Owners Club, two from Aston Martin Lagonda and up lo three may be co-opted by virtue of their
personal or professional qualifications by the existing Trustees., all the Trustees are members of the Aston Martin
Owners Club.
Policies adopted for the induction and training of Trustees
New Trustees are given induction packs, together with an induction session which lakes place al the Charitable
Incorporated Organisalion's headquarters al the Barn in Oxfordshire.
Risk management
The Trustees are responsible for the management of the risks faced by the Trust. Risks have been identified,
assessed and controls established, and a fomial review is undertaken periodically. Vve continue to keep systems
and procedures under review, and these appear to us lo be appropriate lo the Trust's size and the nature of our
operations.
Future plans
The Bam al Drayton St Leonard has been the AMHT'S home from our inception and the 13th century bam has
been a fascinating sile - bul now it is loo much of a challenge and is a serious reslriclion lo us growing and fully
achieving our charitable goals.
The biggest challenge is that of space. Both the Museum and Archive areas are completely full. This means that
we cannot display all the cars and ephemera we have in the collection. We must pay for storage elsewhere
which is an expensive overhead. The lack of space makes il difficult lo curate a meaningful Aston Martin story on
the museum floor and display cabinets. We want lo be able to display much of our collection, and in such a way
that the visitor makes the most of the experien￿, coming away feeling they have leamed and experienced
something special. The new Heritage Centre will be able lo tell the Aston Martin story in a much more coherent
manner and allow us to tell the stories of many of our items.
The second biggest challenge is that of the environment. We have priceless artefacts in the collection which
need special care to preserve them for the future. We are unable lo regulate lemperalure and humidity in an
ancient barn,. il is not well sealed against dust and we must lake special precautions against both insects and
rodents. The new Heritage Centre will be fully climate controlled, with offi￿8 separate from the archive space
and special areas for quarantining and cleaning incoming items.
Page 6

ASTON MARTIN HERITAGE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Future plans Icontinuedl
Our Educational facilities form an important part of our new Heritage Centre plans with both a lecture theatre and
classroom included to enable us lo host events and lectures in-house. These facilities will also be available lo
rent by the local community and other organisations.
statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial slalements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally A¢￿pted Accounting
Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial statements for
each financial period which give a true and fair view of the slate of affairs of the Charitable Incorporated
Organisalion and of its incoming resources and application of resources, including ils income and expenditure,
for that period. In preparing these financial slalemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgements and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis Ljnless il is inappropriate to presume that the
Charitable Incorporated Organisalion will continue in business.
The Trustees are responsible for keeping adeqtjale accounting records that are sufficient lo show and explain
the Charitable Incorporated Organisation's transactions and disclose with reasonable accuracy al any lime the
finan￿al position of the Charitable Incorporated Organisation and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the
provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charitable
Incorporated Organisation and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
GAtry Taylo
Rob Smith
Chairman
Dale..
Garry Taylor
Treasurer
Aug 2, 2021
Page 7

ASTON MARTIN HERITAGE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Independent Examinerfs Report to the Trustees of Aston Martin Heritage Trust I'the Charitable
Incorporated Organisation'l
I report to the charity Trustees on my examination of the accounts of the Charitable Incorporated Organisation
for the period ended 30 September 2020.
Responsibilities and Basis of Report
As the Trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 I'the 2011 Act'l.
I report in respect of my examination of the Charitable Incorporated Organisation's accounts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by
the Charity Commission under section 14515llbl of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charitable Incorporated Organisation has prepared the accounts in
accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) in preference lo the Accounting and Reporting by Charities.. Statement of
Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has been
withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance wtth
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confrrm that no matters have come lo my attention in connection wth the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charitable Incorporated Organisation as required by
section 130 of the 2011 Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements conceming the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other mallers in connection with the examination lo which
attention should be drawn in this report in older to enable a proper understanding of the accounts to be reached.
This report is made solely lo the Charitable Incorporated Organisation's Trustees, as a body, in accordance with
Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might
stale to the Charitable Incorporated Organisalion's Trustees those mallers l am required lo slate to them in an
Independent Examiner's Report and for no other purpose. To the fullest exlenl permilled by law, I do not a¢￿pt
or assume responsibility to anyone other than the Charitable Incorporated Organisalion and the Charitable
Incorporated Organisalion's Trustees as a body, for my work or for this report.
Page 8

ASTON MARTIN HERITAGE TRUST
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Signed..
M N Farwell
MQfv.dl
Dated.. 0210812021
MA FCA DChA
James Cowper Kreston
Chartered AccoLJnlanls
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB
Page 9

ASTON MARTIN HERITAGE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Restricted Unrestricted
funds
funds
2020
2020
Total
funds
2020
Total
funds
2019
Note
Income from:
Donations and legacies..
Donations
Subscriptions
Donated servI￿s
Charitable activities
Other trading activities
Investments
Other income
7,527
205,365
35.100
54.218
18,524
429
7,527
205,365
35.100
54.218
18,524
429
5,964
75,960
10,000
27,705
12,753
73
52,200
Total income
321,163
321,163
184,655
Expenditure on:
Raising funds
Charitable activities
11.971
338.626
11.971
343.678
2,962
155,524
5.052
Total expenditure
5,052
350,597
355,649
158,486
Net movement in funds
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
15.0521
129.4341
134.4861
26,169
10.417
15.0521
872.245
129.4341
882,662
134.4861
856,493
26,169
5,365
842,811
848,176
882,662
Total funds carried forward
The Statement of Financial Activities includes all gains and losses recognised in the period.
The notes on pages 13 to 31 fomi part of these financial statements.
Page 10

ASTON MARTIN HERITAGE TRUST
BALANCE SHEET
AS AT 30 SEPTEMBER 2020
30
September
2020
3 April
2019
Note
Fixed assets
Tangible assets
Heritage assets
16
19,996
544,985
16,890
544,848
17
564,981
561,738
Current assets
Stocks
18
10,785
56,051
241,107
10,512
64,673
281,282
Debtors
Cash at bank and in hand
19
307.943
356,467
Creditors.. amounts falling due within one
year
20
15,7481
16,5431
Net current assets
302.195
349,924
Total assets less current Ilabllltles
867,176
911,662
Provisions for liabilities
21
119.0001
129,0001
Net assets
848.176
882,662
Total net assets
848.176
882,662
Charity funds
Restricted funds
Unreslricled funds
22
22
5.365
842,811
10,417
872,245
Total funds
848,176
882,662
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by-
GAtry Taylor
Rob Smith
Chairman
Dale..
Garry Taylor
Treasurer
Aug 2, 2021
The notes on pages 13 to 31 fomi part of these financial stalemenls.
Page11

ASTON MARTIN HERITAGE TRUST
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
2020
2019
Note
Cash flows from operating activities
Nel cash used in operating activities
25
118,7511
925
Cash flows from invosting activitios
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Purchase of heritage assets
429
73
107,360
{21.7161
{137}
12921
Net cash (used Inllprovlded by Investlng actlvltles
121,4241
107,141
Cash flows from financing activities
Net cash provided by financing activities
Change In cash and cash equlvalents In the perlod
Cash and cash equivalents at the beginning of the period
{40,1751
108,066
281.282
173,216
Cash and cash equivalents at the end of the period
26
241.107
281,282
The notes on pages 13 to 31 fomi part of these financial statements
Page 12

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 2019}, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports} Regulations 2008 only lo the extent required to provide a 'true
and fair, view. This departure has involved following the Charities SORP IFRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Aston Martin Heritage Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction value unless othe￿iSe staled in the
relevant accounting policy.
This is the first set of financial statements for Aston Martin Heritage Trust following the transfer to a
Charitable Incorporated Organisation on 1 August 2019.
The principles of merger accounting have been applied and the result of the application is lo present
the financial statements as if the Charitable Incorporated Organisation had always operated. The
figures for the period include the period from 4 April 2019 to 31 July 2019 of the former charitable
trust and the period from 1 August 2019 10 30 September 2020 of the Charitable Incorporated
Organisation. Comparative figures are for the period from 1 October 2018 to 3 April 2019.
1.2 Fund accounting
General funds are unrestricted funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the Charitable Incorporated Organisation and which have not
been designated for other purposes.
Reslricled funds are funds which are to be used in accordance wfth specific restrictions imposed by
donors or which have been raised by the Charitable Incorporated Organisalion for particular
purposes. The costs of raising and administering such funds are charged against the specific fund.
The aim and use of each restricted fund is set out in the notes lo the financial stalemenls.
Investment income, gains and losses are allocated to the appropriate fund.
Page 13

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Accounting policies Icontinuedl
1.3 Income
All income is recognised once the Charttable Incorporated Organisalion has entillemenl to the
income, il is probable that the income will be received and the amount of income receivable can be
measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
re￿Ipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entillemenl to a legacy exists when the Charitable Incorporated Organisation has sufficient evidence
that a gift has been left to them Ithrough knowledge of the existence of a valid will and the death of
the benefaclorl and the executor is satisfied that the property in question will not be required lo
satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that il will be
received and the fair value of the amount receivable, which will generally be the expected cash
amount lo be distributed to the Charitable Incorporated Organisation, can be reliably measured.
Gifts in kind donated for distribution are included at valuation and recognised as income when they
are distributed to the projects. Gifts donated for resale are included as income when they are sold.
Donated facilities are induded al the value to the Charitable Incorporated Organisation where this
can be quantified and a third party is bearing the cost. No amounts are included in the financial
statements for services donated by volunteers.
Donated services or facilities are recognised when the Charitable Incorporated Organisalion has
control over the item, any conditions associated with the donated item have been met, the receipt of
economic benefit from the use of the Charitable Incorporated Organisation of the item is probable
and that economic benefit can be measured reliably.
On receipt, donated professional services and donated facilities are recognised on the basis of the
value of the gift to the Charitable Incorporated Organisation which is the amount the Charitable
Incorporated Organisalion would have been willing to pay to obtain services or facilities of equivalent
economic benefit on the open market., a corresponding amount is then recognised in expenditure in
the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income lax recoverable in relation lo investment income is recognised at the lime the investment
income is receivable.
Other income is recognised in the period in which tt is receivable and to the extent the goods have
been provided or on completion of the servi￿.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Page 14

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Accounting policies Icontinuedl
1.4 Expenditure {continued}
Expenditure on raising funds includes all expenditure incurred by the Charitable Incorporated
Organisation to raise funds for ils charitable purposes and includes costs of all fundraising activities
events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the aclivtties which further the
Charitable Incorporated Organisation's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charitable Incorporated Organisalion,. this is normally upon notification of the interest
paid or payable by the Bank.
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £250 or more are capilalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate
that the carrwng value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are recognised in the Statement of Financial Activities.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provided on the following basis..
Motor vehicles
Fixtures and fittings
Museum display cabinets
25,10 reducing balance
40010 reducing balance
100/0 slraighl line
Specialised display cabinets have been acquired with funds received specifically for this purpose due
to their long useful life they are separately shown and depreciated.
1.7 Heritage assets
Motor vehicles are included in the financial statements at cost or the value when donated. Vehicles
are maintained in full working order, insured at their current value with maintenance costs charged to
the Statement of Financial Activities when incurred. Archive items are included at cost or valuation.
Donations of archive items are included at estimated value at the lime of re￿ipl, except where the
cost of obtaining a valuation would be disproportionate. In the opinion of the Trustees, motor
vehicles and archives have an indeterminate life and accordingly tt is not appropriate to charge
depreciation. Conservation of these items is central to the Trust's activities. The Trust's management
policy in respect of its heritage assets is summarised in note 30.
Page 15

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Accounting policies Icontinuedl
1.8 Stocks
Stocks are valued al the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
1.9 Debtors
Trade and other debtors are recognised at the selllemenl amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash at bank and in hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.11 Liabilities
Liabilities and provisions are recognised when there is an obligation at the Balance Sheet date as a
result of a past event, it is probable that a transfer of economic benefit will be required in settlement,
and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charitable Incorporated Organisalion anticipates it
will pay to settle the debt or the amount it has received as advanced payments for the goods or
services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific lo the liability- The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.12 Financial instruments
The Charitable Incorporated Organisalion only has financial assets and financial liabilities of a kind
that qualify as basic financial instruments. Basic financial instruments are initially recognised at
transaelion value and subsequently measured at their settlement value.
1.13 Pensions
The Charitable Incorporated Organisation operates a defined contribution pension scheme and the
pension charge represents the amounts payable by the Charitable Incorporated Organisation to the
fund in respect of the period.
Page 16

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Critical accounting estimates and areas of judgement
Eslimales and judgements are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions..
The Charitable Incorporated Organisation makes estimates and assumptions conceming the future. The
resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.
The eslimales and assumptions that have a significant risk of causing a material adjustment to the
carrying amounts of assets and liabiltties within the next financial year are discussed below.
Critical areas of judgement..
Tangible Fixed Assets
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where
appropriate. The actual lives of the assets and residual values are assessed annually and may vary
depending on a number of factors. Residual value assessments consider issues such as the remaining
life of the asset and projected disposal values.
Income from donations and legacies
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Donations
7,527
205,365
35,100
7,527
205,365
35,100
5,964
75,960
10,000
Subscriptions
Donated services
247,992
247,992
91,924
Total 2019
91,924
91,924
Page 17

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Income from charitable activities
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Research fees
Archiving
Educational events
Museum income
6,207
10,436
27,539
10,036
6,207
10.436
27.539
10,036
6,084
3,590
15,505
2,526
54,218
54.218
27,705
Total 2019
27,705
27,705
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Advertising
Merchandising
3,865
14,659
3.865
14,659
7,055
5,698
18,524
18.524
12,753
Total 2019
12,753
12,753
Investment income
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Investment income
429
429
73
Total 2019
73
73
Page 18

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Other incoming resources
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Profit on disposal of freehold property
52,200
Total 2019
52,200
52,200
Donated goods and services
The Charitable Incorporated Organisalion occupies rent free a building ils shares with the Aston Martin
Owners Club. The Charitable Incorporated Organisation owned 13.420/0 until 14 March 2019, and
occupies 700/0. The value of rent on the part occupied and not owned is £21,700 per annum which has
been reflected in the financial statements in both income and expenditure.
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2020
2020
Total
funds
2020
Total
funds
2019
Educational events
28,360
60,647
20,753
21,582
207,284
28,360
60,647
20,753
21.582
212,336
22,430
16,433
13,397
30,384
72,880
Archiving
Museum costs
Journal expenses
Support costs
5,052
5,052
338,626
343,678
155,524
Tol812019
1,686
153,838
155,524
Page 19

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Analysis of expenditure on charitable activities Icontinuedl
Summary by expenditure type
Total
funds
2020
Total
funds
2019
Staff costs Depreciation Other costs
2020
2020
2020
Educational events
Archiving
Museum costs
Journal expenses
Support costs
28,360
22,884
20,753
21,582
124,106
28,360
60,647
20.753
21,582
212.336
22,430
16,433
13,397
30,384
72,880
37,763
69,620
18,610
107,383
18,610
217,685
343,678
155,524
Total 2019
35,564
6,702
113,258
155.524
Page 20

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
10.
Support costs
Restricted Unrestricted
funds
funds
2020
2020
Total
funds
2020
Total
funds
2019
Office expenses
Insurance costs
8,732
12,994
6,486
69,620
2,023
47,170
2,078
2,954
5,196
8.732
12,994
6.486
69,620
2.023
47,170
2.078
2.954
5.196
4,096
7,036
7,023
23,350
1,546
13,100
167
1,130
50
119
Website and IT costs
Salaries
Travel and meeting costs
Rent
Mis￿lIaneOUS
Repairs
Motor costs
Subscriptions
Bad debt written off
Bank charges
Licences
1,568
2,150
17,750
15,000
13,558
1.568
2.150
17,750
15,000
18.610
883
Consultancy
Governance costs
Depreciation
7,678
6,702
5,052
5,052
207,284
212,336
72,880
Total 2019
1,686
71,194
72,880
11.
Governance costs
Unrestricted
funds
2020
Total
funds
2020
Total
funds
2019
Accountancy fees
Legal fees
Trustee costs
13,795
1,153
52
13,795
1,153
52
3,495
4,243
15,000
15,000
7,738
12.
Taxation
The Charitable Incorporated Organisalion is a Tegistered charity and accordingly is exempt from taxation
on its income and gains where they are applied for charitable purposes.
Page 21

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
13.
Independent examiner's remuneration
2020
2019
Fees payable lo the Charitable Incorporated Organisalion's independent
examiner for the independent examination of the Charitable Incorporated
Organisalion's annual accounts
2.200
4,200
14. Staff costs
2020
2019
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
101.106
4,077
2,200
33,590
1,291
683
107,383
35,564
The average number of persons employed by the Charitable Incorporated Organisation during the period
was as follows..
2020
2019
Employees
No employee received remuneT8tion 8mounling to more than £60,000 in either period.
Trustees. remuneration and expenses
During the period, no Trustees re￿iVed any remuneration or other benefits {2019 - £NILI.
During the period ended 30 September 2020, expenses totalling £49 were reimbursed or paid directly to
1 Trustee {2019.. £NILI.
Page 22

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
16.
Tangible fixed assets
Motor Fixtures and
vehicles
fittings
Office
equipment
Total
Cost or valuation
At 4 April 2019
Additions
5,495
8,000
106.170
13.716
33.661
145.326
21,716
At 30 September 2020
13,495
119,886
33,661
167,042
Depreciation
At 4 April 2019
Charge for the period
5,495
2,500
99,697
11.058
23.244
5.052
128.436
18.610
At 30 September 2020
7,995
110.755
28.296
147,046
Net book value
At 30 September 2020
5,500
9.131
5.365
19.996
At 3 April 2019
6,473
10,417
16,890
Page 23

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
17.
Heritage assets
Assets recognised at cost
Heritage
motor
vehicles
2020
Archives
2020
Total
2020
Carrying value al 4 April 2019
Additions
409,819
135,029
137
544.848
137
409,819
135,166
544,985
Analysis of heritsge asset transactions
30
September
2020
30
30
30
3 April September September September
2019
2018
2017
2016
Additions
Archives
137
292
1,277
1,963
42,023
Total additions
137
292
1,277
1,963
42,023
All additions were purchases or in the case of vehicles, capital costs of resloralion. Items and
memorabilia donated to the collections have been included at £nil value as in the opinion of the Trustees
obtaining separate valuations would be disproportionately expensive.
Stocks
30
September
2020
3 April
2019
Closing merchandise stock
10,785
10,512
Page 24

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
19.
Debtors
30
Sgptgmbgr
2020
3 April
2019
Due wlthln one year
Trade debtors
Other debtors
Prepayments and accrued income
8,874
37,485
3,994
23,194
47.177
56,051
64,673
20.
Creditors: Amounts falling due within one year
30
September
2020
3 April
2019
Trade creditors
838
1,813
1,453
1,277
2,000
Other taxation and social security
other creditors
2,299
411
Accruals and deferred income
2.200
5,748
6,543
21.
Provisions
Car register
At 4 April 2019
Additions
29.000
110.0001
19,000
Car register
The register provision is for updating and publication of the Aston Martin Heritage Trust Register of Cars.
It has recently been transferred lo an online version so it only includes data management costs. Any
amount released relates to expenditure of updating part of the final stage of the online car register.
Page 25

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
22.
Statement of funds
Statement of funds - current period
Balance at
30
September
2020
Balance at 4
April 2019
Income Expenditure
Unrestricted funds
General Funds
872,245
321,163
1350,5971
842,811
Restricted funds
Museum display cabinets
10,417
15,0521
5,365
Total of funds
882,662
321,163
1355,6491
848,176
statement of funds - prior period
Balance al
1 October
2018
Balance at
Income Expenditure 3 April 2019
Unrestricted funds
General Funds
844,390
184,655
1156,8001
872,245
Restrlcted funds
Museum display cabinets
12,103
11,6861
10,417
Totsl offunds
856.493
1158,4861
882,662
Page 26

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
23.
Summary offunds
Summary offunds- current period
Balance at
30
September
2020
Balance at 4
April 2019
Income Expenditure
General funds
Restricted funds
872.245
10.417
321.163
1350.5971
15,0521
842.811
5,365
882,662
321.163
1355,6491
848.176
Summary of funds - prior period
Balance al
1 October
2018
Balance at
Income Expenditure 3 April 2019
General funds
844,390
12,103
184,655
1156,8001
11,6861
872,245
10,417
Restricted funds
856,493
184,655
1158,4861
882,662
24.
Analysis of ngt as$gt$ betwegn funds
Analysis of ngt a$$gt$ bgtwegn funds - currgnt P9riod
Rgstrictgd Unrfrstrictod
Totsl
funds
funds
fund$
30
30
30
Soptember Sgptember Soptember
2020
2020
2020
Tangible fixed assets
Heritage assets
Current assets
Creditors due within one year
Provisions for liabilities and charges
5,365
14,631
544,985
307,943
15,7481
119,0001
19,996
544.985
307,943
15,7481
119.0001
Totsl
5,365
842,811
848,176
Page 27

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
24.
Analysis of net assets between funds Icontinuedl
Analysis of net assets between funds - prior period
Restricted Unrestricted
funds
funds
3 April
3 April
2019
2019
Total
funds
3 April
2019
Tangible fixed assets
Heritage assets
Current assets
Creditors due within one year
Provisions for liabilities and charges
10,417
6,473
544,848
356,467
16,543)
129,0001
16,890
544,848
356,467
16,5431
129,0001
Totsl
10,417
872,245
882,662
25.
Reconciliation of net movement in funds to net cash flow from operating activities
30
September
2020
3 April
2019
Nel incomelexpendilure for the period las per Statement of Financial
Acliviliesl
{34,4861
26,169
Adjustments for:
Depreciation charges
Investment income
18,610
{4291
6,701
1731
152,2001
Gain on the sale of fixed assets
Increase in stocks
Decrease in debtors
{2731
8,622
110,7951
30,293
19,9651
Decrease in creditors
Net cash provided byllused inl operating activities
118,7511
925
26. Analysls ofcash and cash equlvalents
30
September
2020
3 April
2019
Cash in hand
241.107
281,282
Total cash and cash equivalents
241.107
281,282
Page 28

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
27.
Analysis of changes in net debt
At30
Soptember
2020
At 4 April
2019 Cash flows
Cash at bank and in hand
281,282
{40.1751
241.107
281,282
140,1751
241.107
28.
Pension commitments
The Charitable Incorporated Organisalion operates a defined contribution pension scheme. The assets of
the scheme are held separately from those of the Charitable Incorporated Organisalion in an
independently administered fund. The pension cost charge represents contributions payable by the
Charitable Incorporated Organisalion to the fund and no amounts were unpaid al the period end 12019..
£nil}.
29. Related party transactions
During the period the Charitable Incorporated Organisalion made purchases of £4,500 12019.. £nill for
accountancy services provided by Goose Taxation, owned by one of ils Trustees. There was no amount
outstanding at the period end {at 3 April 2019.. £nill.
At the period end, £50012019.. £nill is owed lo the Charitable Incorporated Organisation by a Trustee in
respect of lecture and event lickels.
No Trustees made financial donations lo the funds of the Charitable Incorporated Organisation in the
period12019.' £nill.
30.
Heritage asset management policy
The Charitable Incorporated Organisalion's objectives include maintaining and developing the already
extensive archives of material relating to Aston Martin, Lagonda and Aston Martin Lagonda cars, and
preserving a collection of significant cars. At 30 September 2020 there were 4 cars in the collection
including A3, which is the earliest surviving Aston Martin in the worfd. Cars are made available for public
inspection at the Charitable Incorporated Organisalion's premises in Oxfordshire and are also exhibited at
various events throughout the UK, and occasionally abroad. The Archive contains an impressively large
collection of material relating to the history of Aston Martin. 11 holds a large number of original
manufacturing plans, drawings and blueprints dating back lo the 1920s. 11 also has an extensive collection
of factory records and publications, including order books, workshop manuals, and original publicity
material. The archive also holds a collection of over 250 books, many of which are rare. In addition there
is a major photo archive, including the work of Louis Klemantaski for Aston Martin, the Roger Stowers
collection, and the Neill Bruce collection. Where possible the Charitable Incorporated Organisation is
pleased lo supply images for use in publications and research. Public aC￿$S to the archive is encouraged
for consullalion and research by both members and the general public.
Acquisitions are made by purchase or donation, and occasionally, the Charitable Incorporated
Organisalion disposes of items where the Trustees are satisfied that lo do so does not delracl from the
integrity of the collection.
Page 29

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
31. Controlling party
The Charitable Incorporated Organisation is controlled by its Trustees.
32.
Merger accounting
Analysis of principal Statement of Financial Activities components for the current reporting period..
Charitable
trust (pre-
merger)
2020
CIO (post-
mergerl
2020
Total
funds
2020
Total income
Total expenditure
80,378
164,0531
240,785
1291,5951
321.163
{355.6481
Net incomel{expenditure)
16,325
150,8101
134,4851
Nel movement in funds
16,325
150,8101
134,4851
The charitable trust figures are for the period from 4 April 2019 to 31 July 2019 and the CIO figures
include the period from 1 August 2019 to 30 September 2020.
Analysis of principal Statement of Financial Activities components for the previous reporting period=
Charitable
trust
2019
Total
funds
2019
Total income
Total expenditure
184,655
1158,4861
184,655
{158.4861
Net incomel{expenditure)
Total funds brought forward
26,169
856,493
26,169
856.493
882,662
882,662
The charitable trust figures are for the period from 1 Oelober 2018 to 3 April 2019.
Page 30

ASTON MARTIN HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
Analysis of net assets al the date of the merger..
Charitable
trust
2019
Total
funds
2019
Nel assets
898,987
898.987
Represented by..
Charitable
trust
2019
Total
funds
2019
Restricted funds
9,293
889,694
9,293
889.694
Unreslricled funds
898,987
898,987
Page 31