2022-12-31-accounts

				Unrestricted	Restricted	TOTAL
				Funds	Funds	2022	2021
			Notes	f	f	f	f
INCOMING RESOURCES			2
Charitable Activities				4,790		4,790	6,976
Other Trading
Grants and Donations				241,887		241,887	22,421
Investments
Other
Total				246,677		246,677	29,397
RESOURCES EXPENDED
Raising Funds
Charitable Activities				44,524		44,524	28,453
Management and administration				5,275		5,275	2,914
Other
Total				49,799		49,799	31,367
NET INCOME				196,879		196,879	(1,970)
Transfers between	funds
Other recognised	gains/(losses)
NET MOVEMENT	IN FUNDS			196,879		196,879	1,970
RECONCILIATION	OF	FUNDS
Total Reserves brought		forward		213,353		213,353	215,323
TOTAL RESERVES CARRIED FORWARD				410232		410,232	213,353

				Unrestricted	Restricted	TOTAL
			Notes	Funds f	Fundsf	2022	2021 5
FIXEDASSETS
Tangible assets			4	351,450		351,450	197,600
CURRENT ASSETS
Debtors			5	3,520		3,520	2,771
Sank			6	84,519		84,519	12,982
				88,038		88,038	15,753
CREDITORS: amounts		falling due within one year		600		600
NET CURRENT ASSETS				87,438		87,438	15,753
TOTAL ASSETS				438,888		438,888	213,353
CREDITORS: amounts		falling due after more than	one year
NET ASSETS				438,888		438,888	213,353
RESERVES
General reserve				410,232		410,232	213,353
Engine replacement	reserve			28,657		28,657
				438,888		438,888	213,353

2.	ANALYSIS OF INCOME	ANALYSIS OF INCOME
						Unrestricted	Restricted	TOTAL
						Funds	Funds	2022		2021
						E	E	E
	a)	Charitable Activities
		Subscriptions				4,790		4,790		1,008
						4,790		4,790		1,008
	b)	Grants and Donations
		RAF Central Fund				16,812		16,812		6,720
		JRPSS								2,068
		Other grants Donations Pathfinder Club				1,575 42,000		1,575 42,000		2,000
		TL-2000 Sting S4		G-NIAC		70,000		70,000
		Slingsby T67 Firefly			G-BYYG	40,000		40,000
		Robin DR400/18		G-FITL		55,000		55,000
		Cessna FRA150L		G-JAGS		9,000		9,000
		Fuel bowser				7,500		7,500
						241,887		241 887		10,788
	c)	Investments
	TOTAL INCOMING RESOURCES					246,677		266677	,	71,765
	ANALYSIS OF EXPENDITURE
						Unrestricted	Restricted	TOTAL		2021
						8	E	E		E
	a)	Raising Funds
	b)	Charitable Activities
		Operating costs - G-NIAC Other operating costs Equipment RAFSA promotional costs				4,567 5,704 4,730 9,482		4,567 5,704 4,730 9,482		3,309 7,014 5,908 745
		Aeros competition costs Scholarship costs				1,391		1,391		783
		Depreciation				18,650		18,650		10,400
						44,524		44,524		28,159
	c)	Management and Administration
		Sundry admin exps INebsite & ITsubscriptions	etc			984 2,843		984 2,843		487 2,560
		Travel &subsistence				227		227		2,086
		Legal fees Bookkeeping Independent Examiner Fee				800 420		800 420		624 440 360
		Bank charges				1		1
						5,275		5,275		6557
	TOTAL RESOURCES EXPENDED					49,799		49,799		34,716

GIBLE FIXEDASSETS
		Plant &
Cost	Aircraff	Equipmentf	TOTAL
At 1 January 2022 Additions Disposals	200,000 174,000 ~9,000	8,000 7,500	208,000 181,500 ~9,000
	365,070	15500	380,500
Depreciation At 1 January 2022 Charge for year	10,000 18,250	400 400	10,400 18,650
	28,250	800	29,050
NET BOOK VALUE
At 31 December 2022	336,750	14,700	351,450
At 31 December 2021	190,000	7,600	197670

DEBTORS
			2022f	2021f
RAFCF re scholarships				1,270
JRPSS - expenses incurred			1,625	1,422
Insurance re Spirit ofAyre			1,715
Other expenses to be refunded			180	79
			3,520	2,771
CASH AT BANK AND IN HAND
	Unrestrictedf	Restricted	TOTALf	2021
Bank Current	55,862		55,862	7,323
Engine Reserve	28,657		28,657	28,657
Cash
	84,519		84,519	35,980
MOVEMENT ON RESERVES
		General	Engine	TOTAL
		Reserve	Reservef
Balance at 1 January 2021		215,323		215,323
Surplus/(Deficit) for year		(1,970)		(1,970)
Balance at 1 January 2022		213,353		213,353
Transfers (to)/from WFS			28,657	28,657
Surplus/(Deficit) for year Balance at 31 December 2022		196,879 410,232	196,879 28657, 438,888