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|||||Unrestricted|Restricted|TOTAL||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
||||Notes|f|f|f|f|
|INCOMING RESOURCES|||2|||||
|Charitable<br>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<br>Activities||||44,524||44,524|28,453|
|Management<br>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<br>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|





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|||||Unrestricted|Restricted|TOTAL||
|---|---|---|---|---|---|---|---|
||||Notes|Funds<br>f|Fundsf|2022|2021<br>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|





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|2.|ANALYSIS OF INCOME|ANALYSIS OF INCOME|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|TOTAL|||
|||||||Funds|Funds|2022||2021|
|||||||E|E|E|||
||a)|Charitable<br>Activities|||||||||
|||Subscriptions||||4,790||4,790||1,008|
|||||||4,790||4,790||1,008|
||b)|Grants and Donations|||||||||
|||RAF Central<br>Fund||||16,812||16,812||6,720|
|||JRPSS||||||||2,068|
|||Other grants<br>Donations<br>Pathfinder<br>Club||||1,575<br>42,000||1,575<br>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<br>Activities|||||||||
|||Operating<br>costs - G-NIAC<br>Other operating<br>costs<br>Equipment<br>RAFSA promotional<br>costs||||4,567<br>5,704<br>4,730<br>9,482||4,567<br>5,704<br>4,730<br>9,482||3,309<br>7,014<br>5,908<br>745|
|||Aeros competition<br>costs<br>Scholarship<br>costs||||1,391||1,391||783|
|||Depreciation||||18,650||18,650||10,400|
|||||||44,524||44,524||28,159|
||c)|Management<br>and Administration|||||||||
|||Sundry admin exps<br>INebsite<br>& ITsubscriptions|etc|||984<br>2,843||984<br>2,843||487<br>2,560|
|||Travel &subsistence||||227||227||2,086|
|||Legal fees<br>Bookkeeping<br>Independent<br>Examiner Fee||||800<br>420||800<br>420||624<br>440<br>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<br>Additions<br>Disposals|200,000<br>174,000<br>~9,000|8,000<br>7,500|208,000<br>181,500<br>~9,000|
||365,070|15500|380,500|
|Depreciation<br>At 1 January 2022<br>Charge for year|10,000<br>18,250|400<br>400|10,400<br>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|



## 

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|DEBTORS|||||
|---|---|---|---|---|
||||2022f|2021f|
|RAFCF re scholarships||||1,270|
|JRPSS - expenses<br>incurred|||1,625|1,422|
|Insurance<br>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<br>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)<br>for year||(1,970)||(1,970)|
|Balance at 1 January 2022||213,353||213,353|
|Transfers<br>(to)/from WFS|||28,657|28,657|
|Surplus/(Deficit)<br>for year<br>Balance at 31 December 2022||196,879<br>410,232|196,879<br>28657,<br>438,888||