## **Trustees’ Annual Report for the period** **From 1[st] March 2024 Period start date To Period end date 29[th] February 2025** ## **Charity name: Lyneham Flying Club** ## **Charity registration number: 1189125** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the CIO is the promoton of
efciency of the Armed Forces of the Crown by
the provision and support of facilites and
actvites for the efciency and well being of
Servicepersonnel.| |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|The charity is an Armed Forces Fund.
The charity allows HM Forces personnel, along
with limited numbers of civilian members and
others deemed eligible for membership, an
opportunity to obtain fying instructon and
recreatonal fying in light aircraf as
economically as possible. Membership is open
to all ranks, and provides a chance to acquire
fying skills whilst developing airmanship and
promotng an interest in fying. The charity: -
a.
Provides facilites that enable
members to engage in fying
and related actvites.
b.
Ofers fying instructon leading
to the award of a civil fight
crew licence or ratng.
c.
Encourages and promotes an
interest in aviaton.
d.
Provides social facilites for
members.
e.
Provides educaton and training
in all aspects of aviaton.
The primary focus of the charity in fulflling its
objects is in Educaton and Training.| |||The charity is an approved learning provider
under the Enhanced Learning Credits Scheme.
Enhanced Learning Credits can be used for
training qualifcatons at NVQ level 3 or higher.
The Private Pilot’s Licence is recognised as NVQ
level 3 equivalent . All other courses afer PPL
are therefore considered to be higher than
NVQ level 3.
The charity ofers a scholarship programme.
The charity ofers bursaries.
The charity provides fying as a recreatonal and
social facility, with a strong emphasis on
maintaining high standards.
The charity is run by the members for the
members. The costs are therefore signifcantly
reduced.
The charity is a not for proft organisaton. All
surpluses are ploughed back into the charity to
keep the fying as inexpensive as possible and
ofer further educaton and training.
Membership of the Club is by subscripton.
Membership from the most junior ranks to
Senior NCO is free. Ofcers pay an annual
subscripton of £140 and civilians pay £190.
This is intended, in part, to encourage young
serviceman to learn to fy and enhance their
career opportunites. Likewise the Club is able
to ofer fying training to personnel leaving the
armed forces who wish to pursue a career in
aviaton.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Yes. However, the Charity is an Armed
Forces Charity| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **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|Contnuing to fulfl its objects and purposes as
set out in the Consttuton.
Establishment of the Scholarship Schemes to
aid young service personnel to gain
qualifcatons in aviaton.| **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Please see Independent Examiner’s
Report.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity holds reserves to meet any
unexpected demands and to supplement
the scholarship programmes.| |Amount of reserves held|Para 1.22|c£30,000| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **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|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Charitable Incorporated Organisation
Constitution| |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|In accordance with Constitution.| ## **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|| |---|---|---| |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** |Charity name|Lyneham Flying Club| |---|---| |Other name the charityuses|| |Registered charitynumber|1189125| |Charity’s principal address|The Control Tower, Cotswold Airport, Cirencester, Gloucestershire,
GL7 6BA| ||| ## **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)**| |---|---|---|---|---| ||James Sjoberg|Officer in Command||Trustees with approval of
OIC| ||David Hogson|Officer in Command
designate(Oct 2025)||| ||Roger Milburn|Chief Flying
Instructor||| ||John Moore|||| ||Kevin Turner|||| ||Jon Christensen|||| ||Kai-James Merritt|||| ||GaryFry|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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 held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements 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 ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** John E Moore **Full name(s)** John Edward Moore **Position (eg Secretary,** Trustee **Chair, etc)** **Date** 03.11.2025 Charity regtstratycn nLtmber'. 1189125 LYNEHAM FLYIP4G CLiIB TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 VJM Accountancy Ltd The Zsnc 8uilding v￿tUrn Park. Broadshires Way Carterton ox10rf5h￿e OXI8 IAD Lyneham Flylng Club Contents P•g• Trustee5' Repvrt Independent Exarnlne￿s Report Stoternefii ￿ Financial ActIvit￿S State￿￿1 ol Fln•ncial p￿￿On Mote5 to the RTranclol Statements 7-10 Lyneham Flying Club Trustee5' Report For The Year Ended 28 February 2025 The trustees present their repLYt aThl fÈnarKiol statements lor the year ended 28 February 2025. ObJ•ttiv*s •nd *rtiv6tr*s Alms and ObjKIIv*s The object of the CIO is the promotion of e￿c￿nCY ol the Arrned Fortes ol the Cro*n by the provlslon and 5UPPOrt of racllStles and artivfties for the efficiency and viell bein9 of Serylce personnel. The chadty 1$ an Amied Force5 Fund. The charity alksws HM Forces personnd, along With lirnited number5 of clwlian member5 and others deemed eli9ible for membership. an opporlunity to obtain ltying instruction aThJ rt(reat￿al flying In li9ht aircraft as economically as posslble. Membership Is open to all rank5. ond provit1es a chan¢e ro xqulre ltylng skllls whilst developJn9 èlm)anshlP and promotlng a¢1 Interest In flylng. The charity-. Provl¢Jes focillties that eAable mernbefs to eThJage In nying and relèted actlvitles, b. Ollers flylng instructknn le•din9 to the award ol a clvil flight uew lIce￿e or r•ting. c. Encourages and promotes an Interest In aviat*￿. d. Provides social lacilities for members. Provides edutation and tr•lning In all •5pe£ts of avlotth. The pnmary focus of the tharity In fulfilliThJ Its obje£ts t5 In Edurath?n and Trainlng. The charlty èpproved leainir4J provkler wder Ihe Enhanced L•om*w Credlts Schem*. Enhanced Learning Credts tan bt used for train1r￿ qu4lrficatK)￿ at NVQ level 3 or higher. The Pnvate Pilot's Llcence Is recognSsed as NVQ level 3 equlvalent. ¢Xher course5 Orter arè therefore Considered to be h￿her thèn NVQ level 3. ¢harity oflers o scholorship pfoyr¥mme. The cha￿ty offers bursarles. The charity provil¢s flylng as • rÈeréatKJnal and 50clal fKility. ¥vith è sirong on malntainlng hjgh standards. Th¢ charity is run by the Members lor the members. The costs are therefore s4n1r￿ant1Y reduced. The chanty is a not for profit organisatlon. AJI surplu5e5 ore ￿0V9he￿ bock Into the ehanty to keep the ftying •$ Inexpensive S P0$51)k and offer lurther educat￿Tr and trnining. Membetship of the Club Is by subscription. Membership from the m05t lunw ranks to Senior tICO 15 free. Officer5 pay an annual sub5cnption ol ÉI40 and civili•ns pay £190. This Ls intended, In part. to encournge young serviceman to learn to fly and enhance their roreer opportun*tles. the Club Is •ble to oller Ilyln9 tr•inlr4 to person￿1 leaving the amed lorces who wish to pursue • career In avlJtJoTh. $1gnllbunt ArtJvlty• Continuing to fulf51 rt5 objects aTrJ purposes as set out In the constit￿￿1￿. Estoblishment of the Stholarshlp Schemts to aid young servKe personrtl to gain qual1fKat￿Th$ in aviaiion. R•f•rw¢• •nd Adrnlnl¥tr•tbw D•talli Tru•t••• James Sloier9 Kevln Turner John Moo Rts)er Mllburn Jonathan CnnstenseTh Kal-james Merritt David Hodgson - Mana9ing TrustÈe lappointed 14111120241 Gary Fry lapwnted 14/III20241 Page I Lyneham Flylng Club Trustees, Report (continued) For The Year Ended 28 February 2025 Charlty Numb•r 1189125 Prlnclpal Addre The ContToI Tower Cots%Yold AirpDrt Cirencester Gloucestershlre GL7 6BA lfidependent Ex*mln•r Andre¥Y Churchill Stone FCA DCI VJH Accountancy Ltd Chartered Accountants The Zinc Building Ventura Park, Broad$hire5 Woy Corterton Oxfordshire OX18 IAD Lyneham Flying Club Trustee5' Report (contlnued) For The Year Ended 28 February 2025 The trustÈes' ￿port Wa5 appmved by the board of trustees ond swjned on its behaff by: Mr David gson Thjstee 30 October 2025 Page 3 Lyneham Flyin9 Club Independent Examiner's Report to the Trustees of Lyneham Flylng Club For The Year Ended 28 February 2025 I report to the trustees on my examinat￿n ol Ihe accounts L* Ly*eharn Flvlng aub lihe Trust) for the year tndea 28 FebruJry 2025. R••poMlbllltl•s and B•ols of R•port s the Char￿ trustees of the Trust you are responyble for the prtparnth?n ol the accounts IN acc¢ydance with the requlrements of the cha￿tieS Act 2011 1.the Art"l- I report in rÈ5pert of rny exarninatyon of the Trust¥ accourbts umed out under Section 145 of the 2011 kt and In carylng eut my examinat￿n. I have fokswed the applulle Direttk*rs given by the Charity Comrnission under sectlon 14515llbl of the Art. l•d•p•nd•nt Ex•rnln•r's St•t•m•rt I have completed my exaMInat￿n. l ¢onfirni thai fto maiertbl matters have ccffie to my ottentyon in conne¢th7n wlth the exarnlmdon gfving me r•u5e to that ln arsy moterL41 fesFert'. l. accounting words were Th)t kept in rtsp¢¢t of the Tr￿t •$ requlred by sethon 130 of the Art,. or 2. the Kcounts do not accord wlth those record5.' or 3. the a¢count5 do not comply wlth the èppllcable reqylremenrs CO￿¢min9 the forrn afid contents ol atcounts set out In the Charitles IAcceunts and RÈportsl Regulations 2tr)8 other than any requirement that rhe accounts 9lve a 'true and falr vlew, whkh 15 not a matter consklered as part of on Independent exarninatjon. Ihaven concerns and have come a¢r05S M ttthtr matters In tonfiertion wrth the éxamlnètion to whith attention Should be hls ort in order to enab￿ a proper unde¥standlrwJ of the accounts to be reèthed. Andrew Churchlll Stone FCA DCIL4 30 October 2025 VJH Accountancy Ltd Chartered Accountants The Zlnc 8ull¢Jln9 Ventura Park, Broadshlres Way Carterton Oxfordshirt OXL8 IAD Page 4 Lyneham Flying Club statement of Flnanclal Activities For The Year Ended 28 February 202S 2025 2024 UnrestrlLt•d Unr•JtricEed funds t40trS XP4COME AND ENDOWMff4TS FROM: Donations and legacies Other tradifig aCtivit*s 40 138,094 io.ioo 120.451 138.134 130,551 EXPENDZTURE Ot4". Charitable aCUvrtits'. Charitable activitle5 Jprort costs 1140,631) 12.5901 1115.1571 12.5191 1143.2211 1117,6761 I4￿ {EXPE14DrrvRE)IINCOME 15,0871 12,875 NEf MOVEMENT IN FIIND5 RecoNciuATIOI4 OF FU14DS: Total lunds brought forward 15.0871 12.87S 67.072 54,197 TOTAL PUNDS CARRIED FORWARD xi 61,985 67,072 The notes on pag•s 7 to JO forni part of Ihese fwn¢wi statements. Lyneharn Flylng Club statement of Flnanclal Position As At 28 February 2025 2025 Vnrestrlrt•d funds 2024 Total tur￿$ Ntyts• FIXED ASSETS Trngible Assets 2.290 2,000 2,290 CURRENT ASSErs Stotks Debtor5 Cash at bank ènd In hand 11,528 800 98,001 891 107,872 110,329 115.663 Crtdiior•: Amounts F•lllDg Du• Wlthln On• Y¢*r io 150.6341 150,5911 Nrf CVRRENT ASSEfs (UABIUTies) 59,695 65,072 TOTAL ASSETS LESS CURREIIT LIABIunes 61,985 67.072 NEf ASSETS 61.985 67.072 FUFIOS OF THE CHARITY Unreslricted Funds 61,985 67,072 TOTAL FUNDS Ai 61.985 67.072 On ￿half of the bo)rd Mr David Hodgson Trustee 30 October 2025 The fiote5 on pages 7 to 10 form part of these flnondll statements. Pa9e 6 Lyneham Flying Club Notes to the Financial statements For The Year Ended 28 February 2025 l. G•n•r•l Infom?atlon Lyneham Flying Club Is a ch4ritaNe in¢0rporated (wyanIsat￿Tr regtstered with the Charity Comrn￿5￿On, reglstered charity number 1189125. The prlncip41 addre55 15 Tl* Control Towef, Cctswdd Airport. citer￿eSter. Gloucestershire, GL7 6BA. 2. Accounting Policies 2.1. aasis ol Pr•p•ratloh of Fin•nda• Statements The financial statements have been prepared In accordance with the C￿ritIes SORP IFRS 1021 'Accountin9 an Reportlno by Charities. Statement of RecomFnendeO PractKe applicable to charitie5 preyrin9 their accaunts In accordance with the Financial Reporting standa￿ ap￿1£able In the UK and Republic of Jrdènd IFRS 1021 leffectlve I January 20191" Financial R¢9orbThJ Standard L02"The FinaTrcSal Rtporbng StondarLI •p￿1￿￿e in the UK and REpubl of Ireland. and the Charities Act 2011. The chanty is a Public Benefit Entity as dÈfinod by FRS IOZ. 2.2. lrt¢oMln9 Resourc All Income Is recognised in the Statement ol FlnarKlol ￿£t￿ltIeS once the charlty has entiuement to the funds, It Is probable that the Incorne wlll be recÈivtd con be rneasured reliably. 2.3. R•Bourc•s txp•nd•d Liabilitie5 are recognised as expenditure a5 soon as there Is a Wl or constrLKtive obligati)n committin9 the charity to that oxptnditure. It Is probable ihat a transfer of etonornlt befi*fits ¥vill be required In settlerneTht and the amount of the oblig4tK)n can be measured reliably. Expend¢turÈ Is èttounted for ¢)n an accruals basis and ha5 been classified under headings thai a99re9ate all ttsst related tt) the cate90ry. Where costs cannot be direcriy attnbuted to particular headings they have been allocated ro actlviries M a ￿515 COn￿$ten1 ¥Ji¢h the use ol resouices. 2.4. T•nglbl• Flx•d AAMt• •nd D*pr•datlon 0•pr￿￿tIon 1$ w0v￿¢d it the following annual rntes in order to wr*e off exh a$srt over its estimated uselul Ilfe. 2.5. •nd Work In Prngr•i• Stocks ore valu¢d èt the lower of cosr and reaitsaoie v•lL*. after Ma￿￿9 due alkjwance for obsolete and %￿W moving Items. 3. lthtom• fram Oth•r Tradlng Artlvitles 2025 2024 Unr•¥trIrt￿ Unr¢strlct•d funds lunds Flylno fees. •x•ms, and SubKriPt￿r ELCAS Insvuctor fees Gift aid Sundry receipts 131,643 2,367 2.891 1.193 106,585 1.326 3,484 9,056 I38.094 120,451 4. An•ly•l• of Exp•ndltsr• 2025 Artlvl¢l•s und•rt•k•n dlrertly Suppgrt (see noie S} Tot•1 Charitable a£tivlbes Support costs 140.631 140,631 2,590 2.5 140.631 2.590 143.221 Page 7 Lyneham Flylng Club Notes to the Financlal Statements (continued) For The Year Ended 28 February 2025 2024 Artivities undertaken dlr•ctly Support costs (see noie 51 Tot•1 Charltable actlvit*s Support costs 115.157 115,157 2,519 2.519 115,157 2,519 117,676 5. Support Colts 2025 Support eosts Total Independent examinerfs fees Accountancy and legal lees 960 1,630 960 1,630 2,590 2.590 2024 Support Independent examintffs f¢•$ Accountancy and legal fees 900 1.619 2.519 6. Ind•pMd•nt e¥•rnln•r's R•mun•r•Uon 202$ 2024 Indepenoent examination of th¢ fin•rKr•l st•terner 900 7. TJnglbl• Ass•ts Plant & Machln•ry As at l March 2024 Additions 2,000 290 As at 28 February 2025 2,290 N•t Book V•luÈ A5 at 28 Februafy 2025 2,290 As Bt l March 2024 2.OOC* Page 8 Lyneham Flying Club Notes to the Financ•al Statements (contlnued) For The Year Ended 28 February 2025 8. S¢od( 2025 2014 stock 11.528 6.900 9. D•btors 2025 2024 Du• wlthln one ye•r Trade debtors 800 891 10. Cr•dltOM: Amounts Falllng Du• Wlthln On• Y••r 2025 2024 Trade creditor5 ELCA5 lund 3,518 47,116 3,086 47,505 50.634 SO,59J 11. Mov•m•nt In Fund• A•at2B F•bruary 2025 A•atX Marth 2024 10￿m* Exp•ndilUM Unrestrlct•d t￿￿* General.. General Scholarship lur 48,809 18,263 138,134 (l38.1311 15.0901 48.812 13.173 Total unrutrl¢t•d fvnd 67.072 138.134 1143.2211 61,985 Total fund• 67,072 138,134 1143.2211 61.985 Asat29 F•bruary 2024 •ti M*rth 2025 • Exp•ndStur• Unr•atrld•d fund• Gtnerdl.. General lund schO￿r$hIP lund 43.083 12L,SSI 9.0 1115.8251 (1,8511 48,809 18,263 Total unr•*￿￿•d fund• 54.197 130.551 1117.6761 67.072 Tot•1 lunds 54,197 130,551 1117.6761 67,032 Page 9 Lyneham Flylng Club Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 12. Tr•nsartlons wlth Twste•s None of the t¥ustees rectived any remuneratitin or any other L*nefits ftom an empbyment with the charity or a relèted entlty uring the current oi prevlous yeor. No tru5tÈe expen5e5 have been irKurred. 13. R•lat•d Party Dl*d•sur•s There have been no re￿1¢￿ porty transartions in the repNbrvJ PEriod thai requlre disdosure. Page 10